January 14, 2010

The monthly meeting of the City of Hornell Industrial Development Agency was held on January 14, 2010, at 4:00 PM, at 40 Main Street, Hornell, NY.

PRESENT: Samuel Nasca, Chairman
George Prete, Vice Chairman
Shawn Hogan, Treasurer
Joseph Foreman, Secretary

ABSENT: David Parmley, Asst. Treasurer

ALSO: James Griffin, CEO, Executive Director
Wanda White, CFO, Administrative Asst.
John Dagon, Attorney
Andrew Poole, Reporter, Evening Tribune

Chairman Nasca called the meeting to order at 4:15 PM. Secretary Joseph Foreman presented the minutes of the 12/16/10 meeting. A motion was made by Shawn Hogan, seconded by George Prete to approve the minutes as presented. Carried All.

Treasurer Shawn Hogan presented the financial reports for the month of December 2010. A motion was made by George Prete, seconded by Joseph Foreman to approve the financial report as presented. Carried All.

AUDIT COMMITTEE

George Prete, Chairman of the Audit Committee met on January 14, 2010 and approved bills in the amount of $107,781.71. A motion was made by Joseph Foreman, seconded by Shawn Hogan to approve the actions of the Audit Committee. Carried All.

PERSONNEL COMMITTEE

Mayor Hogan, Chairman of the Personnel Committee stated that the Committee had met on 1/12/11 and renewed Griffin's contract from 2/1/11-1/31/12. A motion was made by George Prete, seconded by Shawn Hogan to accept Personnel Committee's report. Carried All.

GOVERNANCE COMMITTEE

Samuel Nasca, Chairman of the Governance Committee, stated that the Agency reviewed all PAAA Compliances and procedures and made changes where necessary. He also stated that PARA Compliances were reviewed and books set up in the Agency office regarding both PAAA and PARA Compliances. Chairman Nasca, under PARA compliance, also appointed a finance committee: George Prete, Chair, Joseph Foreman, Member, and David Parmley, Member. A motion was made by George Prete, seconded by Joseph Foreman to accept Chairman Nasca's report. Carried All.

A motion for Resolutions to adopt all PAAA and PARA compliances and revisions, reviewed and approved by the Board on January 14, 2011, was made by Shawn Hogan, seconded by George Prete. The question of the adoption of the Resolution was duly put to a vote on roll call, which resulted as follows:

Samuel Nasca – Yea
George Prete – Yea
Shawn Hogan – Yea
Joseph Foreman - Yea
David Parmley – Absent

The Resolutions was thereupon duly passed.

CEO'S REPORT

Gates Rockwell Bldg. – Executive Director Griffin stated that a portion of the Gates Rockwell building was not protected by a sprinkler system. He asked Davis Ulmer for an estimate to put a sprinkler system in the unprotected part. The estimate was $8,910.00. A motion was made by Shawn Hogan, seconded by Joseph Foreman to have Davis Ulmer install the sprinkler system. Carried All.

Executive Director Griffin stated that the IDA needed to upgrade the black and white copier in the front office as we were calling repairs every week. We did get an offer for a new copier for 4,538.00 minus service contract already paid for a credit of $1,159.29. A motion was made by Shawn Hogan, seconded by George Prete to approve the expenditure for the copier. Carried All.

NEW BUSINESS

2011-2012 BUDGET – The 2011 – 2012 Budget was presented to the Board. After discussion, a motion was made by Joseph Foreman, seconded by George Prete to accept the 2011 – 2012 Budget as presented. Carried All.

A motion was made by George Prete, seconded by Shawn Hogan to enter into executive Session under Public Officers Law, Article 7, Open Meeting Law, Section 105, Paragraph D. Carried All.

The meeting reconvened at 5:30 PM. There being no further business, the meeting was adjourned at 5:35 PM upon motion of George Prete, seconded by Shawn Hogan. Carried All.

Respectfully Submitted,

Joseph Foreman, Secretary

City of Hornell IDA