April 29, 2010

A regular meeting of the City of Hornell Industrial Development Agency was held on Thursday, April 29, at 5:00 PM, at 40 Main Street, Hornell, NY.

PRESENT

Samuel Nasca, Chairman
Shawn Hogan, Treasurer
George Prete, Vice Chairman
Dave Parmley, Asst. Treasurer
Joseph Foreman, Secretary

ALSO

James Griffin, Consultant, CEO
Tyler Briggs – Evening Tribune Reporter
Wanda White, CFO, Admin. Asst.
John Dagon – Agency Attorney

 

Chairman Nasca opened the meeting at 5:00 PM.

MINUTES

The minutes of the 2/11/10 meeting were presented by Secretary Joseph Foreman.  A motion was made by Dave Parmley, seconded by George Prete to approve the minutes as presented.  Carried All.

FINANCIAL REPORT

The audited financial report for the months of February and March 2010 was presented by Treasurer Shawn Hogan.  A motion was made by Joseph Foreman, seconded by Dave Parmley to approve the financial reports as presented.  Carried All.

AUDIT COMMITTEE

Audit Committee Chairman George Prete stated the Audit Committee had met and approved bills in the amount of $135,667.38 and met on 4/29/10 and approved bills in the amount of $126,937.50.  A motion was made by Dave Parmley, seconded by Shawn Hogan, to approve the actions of the Audit Committee.  Carried All.

PERSONNEL COMMITTEE

Personnel Committee Chairman Shawn Hogan stated he had no report.

GOVERNANCE COMMITTEE

Governance Committee Chairman Nasca stated that Nasca, Griffin, and Prete attended the IEDC forum in Washington on April 18th to the 20th.  He stated that the conference workshops were very productive, subjects were very relevant, and speakers were of good quality.  Nasca also stated that Albany had not passed our State budget as of date.  Nasca reported that the IDA’s assessment of $49,000 is to be resolved by Legislature and is on hold until further notice.  A motion to was made by Joseph Foreman, seconded by Shawn Hogan to accept Chairman Nasca’s report.  Carried All.

NEW BUSINESS

TRIKEENAN – Executive Director Griffin stated that the Agency had been trying to collect previous PILOT payments from Trikeenan and on advice from Counsel; we will be sending them a Notice of Default.  We have been working with the Banks and this is a step that needs to be taken.  We have an acknowledgement from Steuben Trust Company that the Agency is sending out a notice.  A Resolution was presented to authorize Director Griffin to forward a Notice of Default to Trikeenan.  A motion to accept the resolution was made by George Prete, seconded by Dave Parmley.  The resolution was put to a vote on roll call:

Nasca - YeaPrete - Yea
Hogan - YeaParmley - Yea
Foreman – Yea

The Resolution was thereupon duly passed.

 

CEO’S REPORT

10 ACRES OF PROPERTY – Griffin presented a deed for 10 acres of property owned by the Agency as part of the Airport Project but technically  owned by the City and was signed over to the Agency in 1999.  At the  direction of the City, the property will be turned over to the Town of Hornellsville.  The Agency has to sign a deed and transfer.  A motion to authorize Griffin to sign a Quick Claim deed to the Town of Hornellsville was made by Hogan, seconded by Parmley.  The Resolution was put to a vote on roll call, which resulted as:

Nasca- YeaHogan – Yea
Foreman – Yea
Prete – Yea
Parmley – yea.

The Resolution was thereupon duly passed.

 

A motion to enter into Executive Session was made by Dave Parmley, seconded by Shawn Hogan under the Public Officers Law, Article 7 Open Meeting Law Section 105, paragraph d.  Carried All.

The regular meeting reconvened at 6:00 PM.  There being no further business, the meeting was adjourned at 6:05 PM upon motion by Foreman, seconded by Prete.  Carried All.

 

Respectfully submitted,
Joseph Foreman, Secretary