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MAYVILLE – William Daly, the administrative director and CEO of the Chautauqua County Industrial Development Agency and director of the Chautauqua County Department of Planning and Economic Development, announced he will be retiring effective May 31.

Daly took over the Chautauqua IDA on Jan. 1, 2006, following a career in business and industry.

As IDA director over the past eight years, Daly oversaw 54 business loans in excess of $14 million, closed on 20 payment in lieu of taxes agreements with annual tax payments of $11 million and issued $103 million in tax-exempt bonds supporting five projects valued at over $235 million.

Notable projects he oversaw were the relocation of Maplevale Farms to Allen Street, the retention of the SKF Aeroengine plant in Ellicott, the retention and expansion of ECR International in Dunkirk, the retention of Weber-Knapp in Jamestown, and negotiating the current PILOT agreement that kept the NRG plant in Dunkirk.

He is now negotiating the new PILOT agreement for the repowering of the NRG Dunkirk Power Plant.

“Bill skillfully guided the reins of Chautauqua County economic development during a very challenging time in our nation’s history and has developed highly successful relationships with our area businesses and economic development community,” said Chautauqua County Executive Vince Horrigan, who was notified of Daly’s decision over the weekend.

Horrigan plans to form a search committee to find “the absolute best economic development professional to lead our County’s IDA and the Department of Planning and Economic Development,” he said. He said he will likely appoint an interim director to ensure a smooth transition process.