December 12 2019

A regular meeting of the City of Hornell Industrial Development Agency was held December 12, 2019, at 4:00 PM, at 40 Main Street, Hornell, NY.

PRESENT: Samuel Nasca, Chair
George Prete, Vice Chair
David Parmley, Treasurer, CFO
John Carbone, Secretary
John Buckley, Asst. Treasurer, Asst. Secretary

ALSO: James Griffin, CEO, Executive Director
Shawn Hogan, Executive Consultant
Margaret Frungillo, Administrative Assistant
Calvin Weaver, Attorney Harris Beach
John Dagon, Agency Attorney
William Dugan, WLEA
Chris Potter, the Evening Tribune

Chairman Nasca called the meeting to order at 4:00 PM. Chairman Nasca reported that there was a quorum for the meeting as required by the by-laws.

Secretary Carbone presented the minutes of the October 3, 2019 meeting. A motion was made by John Buckley, seconded by Dave Parmley to approve the minutes of the 10/03/19 meeting. Carried All.

Treasurer Parmley presented the financial statements for November that had been e-mailed to the Board prior to the meeting. A motion was made by John Carbone, seconded by George Prete to approve the financial report as presented.

The motion was put to a vote on roll call which resulted as follows:

Samuel Nasca – Aye
George Prete – Aye
Dave Parmley – Aye
John Buckley - Aye
John Carbone – Aye

The motion was approved as presented.

COMMITTEE REPORTS

Audit Committee – Chairman of the Audit Committee, George Prete, reported that the Audit Committee had met on 12/4/19 and approved bills in the amount of $47,452.55 for November from the operating account and $29,219.54 from the escrow account in November. A motion was made Dave Parmley, seconded by John Buckley, to approve the actions of the Audit Committee. The motion was put to a vote on roll call which resulted as follows:

Samuel Nasca – Aye
George Prete – Aye
Dave Parmley – Aye
John Buckley - Aye
John Carbone – Aye

The motion was approved as presented.

Personnel Committee – No report

Governance Committee- No Report

NEW BUSINESS

Peish Video and Production- Robert Peisher, owner of Peish Video & Production, has started work in the conference room to prepare for the live streaming. The State requires IDA's to live stream all meetings beginning January 1, 2020.

STREDEC- Executive Director Griffin stated that he and the Executive Consultant Shawn Hogan have been preparing the application for the $700,000 STREDEC shovel ready grant at Shawmut Park. They have had several meetings with Heather Reynolds, the City Planner, and STREDEC to complete the application. Once the application is submitted and approved by STREDEC it will be submitted to the Regional Council for approval and then to the State. Griffin reported that this process will take approximately 60-90 days which will coincide with when the work is expected to begin. Executive Consultant Hogan stated that he had looked through previous environmental and geotechnical studies that had been done by other companies that had been interested in the same area. Hogan further stated that the application has to include the scope of the work required and the IDA has sent a number of engineering firms RFP's and would like to request the Board authorize Griffin and himself be allowed to negotiate with the engineering firms for the scope of the work required for the purposes of preparing the site to become shovel ready. A motion was made by John Carbone, seconded by Dave Parmley to approve Executive Director Griffin and Executive Consultant Hogan interview the engineers and report their findings to the Board. The motion was put to a vote on roll call which resulted as follows:

Samuel Nasca – Aye
George Prete – Aye
Dave Parmley – Aye
John Buckley - Aye
John Carbone – Aye

The Resolution was duly adopted.

The Residences of Hornell LLC Project -Executive Director Griffin stated that there is an Amending Resolution required in connection with the Resolution pasted at the November 21, 2019 meeting regarding the application for the Residences authorizing the financial assistance to be provided by the Agency. The Amending Resolution will remove reference to the provision of financial assistance for Phase ΙΙΙ of the project. A motion was made by Dave Parmley, seconded by John Buckley to approve the resolution as presented. The motion was put to a vote on roll call which resulted as follows:

Samuel Nasca – Aye
George Prete – Aye
Dave Parmley – Aye
John Buckley - Aye
John Carbone – Aye

The Resolution was duly adopted.

Executive Director Griffin stated that he had met earlier this week with

Flaum and the developer of the Motel at the Hornell Plaza in New York City and discussed the progress. The IDA received a letter from the developer of the Motel stating the restrictions required for this project. Flaum also stated they are still very interested in developing the rest of the plaza.

Griffin further stated that he had meet with Jerome Wallutt, Chairman of ALSTOM North America discussing the projects being developed in Hornell. Griffin stated that Mr. Wallutt was very positive about the performance of the work force in the Hornell plants.

Hornell's Opportunity Zone Project- Executive Consultant Hogan requested a motion to approve the Opportunity Exchange LLC's proposal to build an Opportunity Zone project portal for the City of Hornell. The software they provide helps cities efficiently connect with a larger, national audience of investors. The cost of providing access to these services for the Hornell team for one year is $2,000. Executive Consultant Hogan stated that this is an opportunity to expand visibility of the Hornell Opportunity Zone by providing data and impact-tracking tools. A motion was made by Dave Parmley, seconded by John Carbone to approve the resolution as presented.

The motion was put to a vote on roll call which resulted as follows:

Samuel Nasca – Aye
George Prete – Aye
Dave Parmley – Aye
John Buckley - Aye
John Carbone – Aye

The Resolution was duly adopted.

There being no further business the meeting was adjourned at 4:34 PM upon motion by John Buckley, seconded by John Carbone. Carried All.

Respectfully Submitted,

John Carbone, Secretary