December 14, 2017

A regular meeting of the City of Hornell Industrial Development Agency was held on Thursday, December 14, 2017, at 5:30 PM.

PRESENT: Samuel Nasca, Chair
               George Prete, Vice Chair
               Shawn Hogan, Treasurer, CFO
               Joseph Foreman, Secretary
               David Parmley, Assistant Treasurer

ALSO: James Griffin, CEO, Executive Director
          Margaret Frungillo, Administrative Assistant
          John Buckley, Mayor Elect
          John Dagon, Attorney
          Bill Dugan, WLEA

Chairman Nasca called the meeting to order at 5:25 PM. Chairman Nasca reported that there was a quorum for the meeting as required by the by-laws.

Secretary Foreman presented the minutes of the November 2, 2017 meeting. A motion was made by Dave Parmley, seconded by George Prete to approve the minutes of the 11/2/17 meeting. Carried All.

Treasurer Shawn Hogan presented the financial statements for October and November that had been e-mailed to the Board prior to the meeting for their review. A motion was made by George Prete, seconded by Dave Parmley to approve the financial report as presented. Carried All.

Chairman Nasca welcomed Mayor Elect John Buckley to the meeting and to the IDA Board in January.

COMMITTEE REPORTS

Audit Committee – Chairman of the Audit committee, George Prete, reported that the Audit Committee had met on 12/14/17 and approved bills for November in the amount of $27,594.04 in November from the operating account. A motion was made by Dave Parmley, seconded by Joseph Foreman, to approve the actions of the Audit Committee. Carried All.

Personnel Committee – No report

Governance Committee- Chairman of the Governance Committee, Samuel Nasca, reported that the IEDC Leadership Summit is being held in Las Vegas from January 27th- January 30th . Chairman Nasca stated that PAAA (Public Authority Accountability Act) and PARA (Public Authority Reform Act) mandate that all Board members attend these meeting for continuous education in order to stay up to date on all new state and federal requirements.

A motion was made by Joseph Foreman, seconded by George Prete, to approve the actions of the Governance Committee as presented. Carried All.

EXECUTIVE DIRECTOR'S REPORT

Iron Shore- Executive Director Griffin stated that Harris Beach is preparing the paperwork to file the clawback on the Iron Shore property for non-payment of Pilot payments in order to put it back on tax rolls. After the property is back on the tax rolls the IDA will file a lien.

Plant 3- Executive Director Griffin stated that Plant 3 owned by CHIDA and leased to Alstom needs a full roof replacement. Alstom has reviewed three bids and recommended Finger Lakes Roofing in the amount of $201,765.00 and Eco Services LLC in the amount of $11,206.00 for abatement. Griffin requested a resolution stating that upon Alstom signing a new lease he is authorized to sign the lease and CHIDA will pay contractors for the roof on Plant 3. A motion was made by Dave Parmley, seconded by George Prete to approve the resolution as presented. The motion was put to vote on roll call, which resulted as follows:

Samuel Nasca- Aye        Dave Parmley- Aye
Shawn Hogan- Aye        Joseph Foreman- Aye
George Prete- Aye

The Resolution was duly adopted.

Flaum- Executive Director stated that he had met with the Davis Company and the Flaum Management Company, the new owners of the Hornell Plaza, last week while in New York City. The companies are very interested in developing the additional parcel. Griffin stated that he would like a resolution that would allow him to sign a contract on behalf of the IDA with Lu Engineers to map out a Wet Land delineation report for the Army Corp of Engineers at a cost of $9,000. The report would be completed in April and submitted in May. A motion was made by Shawn Hogan, seconded by Joseph Foreman to approve the resolution as presented. The motion was put to vote on roll call, which resulted as follows:

Samuel Nasca- Aye         Dave Parmley- Aye
Shawn Hogan- Aye         Joseph Foreman- Aye
George Prete- Aye

The Resolution was duly adopted.

Treasurer Shawn Hogan stated that there are five acres included in this parcel which are land locked that belongs to the City. The City would deed the property over to the companies for developing. If the property is not developed in five years it turns back over to City, if developed the companies will purchase for $5,000.00 an acre.

Treasurer Hogan further stated that this will be his and Joe Foreman's last meeting on the Board of Directors. Hogan thanked the Board for their tireless and effective work for the community. He stated that the Board in partnership with the City has accomplished many successful projects for the City.

Chairman San Nasca thanked Joe Foreman for his dedication and contribution to the Board and the community.

Chairman Nasca also thanked Shawn Hogan and stated that he looks forward to working with him in his new role as a Consultant for the IDA.

There being no further business the meeting was adjourned at 5:42 PM upon motion by Dave Parmley, seconded by George Prete. Carried All.

Respectfully submitted,

Joseph Foreman, Secretary