August 22, 2014

A regular meeting of the City of Hornell Industrial Development Agency was held on August 22, 2014, at 4:00 PM, at 40 Main Street, Hornell, NY. PRESENT: Samuel Nasca, Chair George Prete, Vice Chair Shawn Hogan, CFO, Treasurer David Parmley, Asst. Treasurer Joseph Foreman, Secretary ALSO: James Griffin, CEO, Executive Director Wanda White, Admin. Asst. Jason Jordon, Evening Tribune Reporter William Dugan, WLEA Reporter John Dagon, Attorney MINUTES The minutes of the 7/24/14 meeting were presented by Secretary Joseph Foreman. A motion was made by David Parmley, seconded by George Prete to approve the minutes as presented. Carried All. FINANCIAL REPORTS Treasurer Shawn Hogan presented the financial statements for the month of July 2014, stating that they had been reviewed and approved by Mengel, Metzger, & Barr, our accountants. A motion was made by Dave Parmley, seconded by Shawn Hogan to approve the financial report as presented. Carried All. AUDIT COMMITTEE George Prete, Chairman of the Audit Committee stated that the committee had met on 8/22/14 and approved bills in the amount of $163,399.99 for July and August. The committee also approved bills from the Escrow Account for payments in lieu of taxes in the amount of $95,016.00. A motion was made by Dave Parmley, seconded by Joseph Foreman to approve the actions of the Audit Committee. Carried All. PERSONNEL COMMITTEE Mayor Hogan, Chairman of the Personnel Committee stated he had no report. GOVERNANCE COMMITTEE Chairman Nasca stated he had no report. EXECUTIVE DIRECTORS REPORT AMEXSTRA Executive Director Griffin stated that the property transfer of 27 Bank Street – TTA to the IDA, had been completed. A signed lease and payment were received from Amexstra and they hope to be in production in a month or two. The Board of Education still has a share of the building for storage and will technically lease with us as we are the owners of the building but Amexstra has all rights to negotiate terms. TTA is removing material from the building. TRIKEENAN The engineers working on the Trikeenan building gave a “clean bill of health” to the building after the slab had been raised to where it should have been. There would be cosmetic repairs and the Director will get back to the Board with estimates. SOUTH YARDS Executive Director Griffin stated that the South Yards needed to be cleaned up before we could market it. Lu Engineers and City crew met at the South Yards with Mayor Hogan and Jim Griffin. Lu Engineers did the preliminary engineering on the expansion of the South Yards and it will be bulldozed, cleaned up, leveled off, seeded or graveled and fix the road so the industrial site will be a clean looking industrial site. Griffin had two proposals: 1 – Hire Lu Engineers to do preliminary engineering, get the waste water permits and oversee the work on it and they propose a contract not to exceed $4,000. 2 – After receiving the waste water permit, the Agency would hire a contractor to clean the South Yards up, authorization up to $20,000. Mr. Griffin explained that the money would be coming from the last South Yards Project, as we received an $86,000 EDA award for one of the best projects completed. A resolution to allow the Executive Director to hire the Lu Engineering firm, not to exceed $4,000 to do work at the South Yards was made by George Prete, seconded by Dave Parmley to allow the Executive Director to hire Lu Engineers . The Resolution was duly put to a vote on roll call, which resulted as follows: Samuel Nasca – Yea George Prete – Yea Shawn Hogan – Yea Dave Parmley – Yea Joseph Foreman – Yea The Resolution was thereupon duly adopted. A Resolution to allow the Executive Director to hire a contractor not to exceed $20,000 to clean up the site at the South Yards was presented upon a motion by Joseph Foreman, seconded by Dave Parmley to allow the Executive Director to hire a contractor to clean up the South Yards. The Resolution was duly put to a vote on roll call, which resulted as follows: Samuel Nasca – Yea George Prete – Yea Shawn Hogan – Yea Dave Parmley –Yea Joseph foreman – Yea The Resolution was thereupon duly adopted. OLD BUSINESS Mayor Hogan reported he had received a request from Doug Hess to sell the 32-34 Main Street lot to the IDA for $100,000. Griffin stated that the appraisal was for much more and would be an asset to the Agency as we own other adjacent properties and it would be available for future economic growth. A motion was made by Dave Parmley, seconded by Shawn Hogan to allow the Executive Director to complete transactions and sign necessary documents. NEW BUSINESS In conjunction with the South Yards Project, Executive Griffin asked the board to approve submissions of a $150,000 ARC grant for site development, and a shovel ready grant for $1,000,000 from STREDEC with match of the ARC Grant of $150,000. A Resolution to allow the Executive Director to submit applications to ARC and STREDEC was made upon motion by George Prete, seconded by Shawn Hogan. The Resolution was therefore put to a vote on roll call, which resulted as follows: Samuel Nasca – Yea George Prete – Yea Joseph Foreman – Yea David Parmley - Yea Shawn Hogan – Yea There being no further business, the meeting was adjourned at 4:45 PM.