December 20, 2018

A regular meeting of the City of Hornell Industrial Development Agency was held on Thursday, December 20, 2018, at 4:00 PM.

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

ALSO: James Griffin, CEO, Executive Director
Shawn Hogan, Executive Consultant
Margaret Frungillo, Administrative Assistant
Calvin Weaver, Attorney Harris Beach
Karen Canne, Hornell Area Chamber of Commerce
Bill Dugan, WLEA

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 John Carbone presented the minutes of the October 4, 2018. A motion was made by Dave Parmley, seconded by John Carbone to approve the minutes of the 10/04/18 meeting. Carried All.

Treasurer Dave Parmley presented the financial statements for October 2018 & November 2018 that had been e-mailed to the Board prior to the meeting for their review. A motion was made by John Buckley, seconded by George Prete to approve the financial report as presented. Carried All.

COMMITTEE REPORTS

Audit Committee – Chairman of the Audit committee, George Prete, reported that the Audit Committee had met on 12/06/18 and approved bills for October for $173,351.90 and $57,982.38 for November from the operating account. A motion was made by John Buckley, seconded by John Carbone, to approve the actions of the Audit Committee. Carried All.

Personnel Committee – No report at this time

Governance Committee- no report at this time.

EXECUTIVE DIRECTOR'S REPORT

Park Grove Realty- Executive Director Griffin and Executive Consultant Shawn Griffin stated that they had met with Andrew Bodewes of Park Grove Realty and he has requested the purchase of 5.086 acres of land at Shawmut Park to develop middle income housing. Griffin requested a motion to authorize him to sign the purchase agreement with Park Grove Realty.

The motion was made by John Buckley, 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.

Old Business-

Park Grove Realty 18 North Main Street-– Executive Director Griffin reported that Park Grove Realty has requested an extension to purchase 18 North Main Street from December 31, 2018 to April 15, 2019. Griffin requested a motion to authorize him to sign an extension on the purchase of 18 North Main Street.

The motion was made by John Buckley, 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.

Strobel Supply- Executive Director Griffin stated that the City of Hornell Industrial Development Agency desires to extend the closing on the contract with Strobel Supply for the purchase of the Trikeenan Tileworks building at 40 Shawmut from October 31, 2018 to April 31, 2019.

The motion was made by John Buckley, 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

Bassett/ Residences- The Residences of Hornell, LLC desire to extend the sales tax exemption with the IDA from December 31, 2018 to June 30, 2019 due to a labor shortage and material delivery delays. The IDA authorizes the extension of the sales tax extension with the Residences.

The motion was made by John Buckley, seconded by Dave Parmley 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.

NEW BUSINESS-

Executive Director Griffin requested that the Board ratify the emergency expenditure of a new phone system for the office at 40 Main. The phone system that is being used now lacks the ability to perform the services required for the office to perform efficiently. The motion was made by John Buckley, 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.

Executive Director Griffin requested that the Board ratify the emergency expenditures at 103-113 Main Street that were determined necessary by our insurance company. The insurance company requested replacement of the section of roof on the 2 story portion which was determined by our insurance company needed to be replaced immediately.

Three roofers were called and only one: Swan Roofing responded and will replace

the roof for an amount not to exceed $25,500.00.

The electric main service panel was taken out of service by NYSE&G. The contractor who was familiar with the property replaced the panel with new service in two days at a cost of $5,688.00.

The motion was made by John Buckley, seconded by John Carbone to approve the resolution as presented. The question of the adoption of the foregoing Resolution was duly 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 determined necessary the following emergency expenditures at the Trikeenan building at 40 Shawmut Drive:

Ratify the expenditure for up to seven dumpsters from Gottshall to be used at Trikeenan and to be billed to Trikeenan and guaranteed by CHIDA to expedite the departure of Trikeenan.

Ratify authorizing L.C. Whitford to perform packaging, dismantling and rigging of heavy equipment in the Trikeenan plant. Whitford will bill Trikeenan and CHIDA will guarantee payment.

The 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.

TTA Systems LLC- Griffin stated that TTA Systems is planning a reconstruction and renovation of the property located at 1 William Jackson Drive and the construction of a 6,629 sq.ft. addition to the existing property. Executive Director Griffin requested a resolution authorizing him to negotiate and sign the Lease Agreement in connection with the project, negotiate an Agent, Financial Assistance and Project Agreement to the Company in the form of sales and use tax exemption for purchases and rentals related to the construction and equipping of the Project and sign the necessary agreements. The motion was made by John Buckley, 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.

International Student Night- Executive Consultant Shawn Hogan reported that the Chamber, IDA, Alfred University and Alfred State hosted an open house at the Main Place in Hornell on November 14, 2018 from 6 pm to 8 pm for international students. Hogan stated that the event was well attended with approximately 40 professors, doctors and foreign students attending to discuss the opportunities the area offers.

There being no further business the meeting was adjourned at 4:57 PM upon motion by John Buckley, seconded by Dave Parmley. Carried All.

Respectfully submitted,

John Carbone, Secretary