July 23, 2015

A regular meeting of the City of Hornell Industrial Development Agency was held on Thursday, July 23, 2015, at 4:00 PM.

PRESENT: Samuel Nasca, Chair
               George Prete, Vice Chair
               David Parmley, Asst. Treasurer
               Joseph Foreman, Secretary

ABSENT: Shawn Hogan, Treasurer, CFO

ALSO: James Griffin, CEO, Executive Director
          Margie Frungillo, Administrative Assistant
          John Dagon, Agency Attorney
          William Dugan, WLEA Reporter

Chairman Nasca called the meeting to order at 4:10 PM. Secretary Joseph Foreman presented the minutes of the 4/30/2015 meeting. A motion was made by Dave Parmley, seconded by George Prete to approve the minutes of the 4/30/15 meeting. Carried All.

In absence of the Treasurer, Chairman Nasca presented the audited financial statements for April, May and June that had been e-mailed to the Board prior to the meeting and reviewed by our accountants Mengel, Metzger, & Barr. A motion was made by Dave Parmley, seconded by Joseph Foreman to approve the financial reports as presented. Carried All.

COMMITTEE REPORTS

Audit Committee – Chairman of the Audit committee, George Prete, reported that the Audit Committee had met on 7/23/15 and approved bills in the amount of $138,225.41 for May, June and July from the operating account, and $95,194.00 for May and July from the Escrow Acct. A motion was made by Dave Parmley, seconded by Joseph Foreman, to approve the actions of the Audit Committee. Carried All.

Personnel Committee – In absence of Shawn Hogan, Chairman Nasca stated there was no report.

Governance Committee – Chairman Nasca passed out copies which contained a brief synopsis of the new policies and procedures that legislation has presented to amend the general municipal law in relation to the accountability and efficiency of industrial development agencies and authorities. Chairman Nasca requested that the Board review our policies and procedures to assure that we are in compliance with the legislation. A motion was made by Dave Parmley, seconded by George Prete to approve the actions of the Governance Committee. Carried All.

CEO'S REPORT

Executive Director Griffin stated that the Agency had previously discussed the partnership with the Chemung, Schuyler and Steuben IDA's and STEG (Southern Tier Economic Growth) for a $5,000.00 match to implement using dark fiber to bring broadband fiber throughout the area. Griffin requested a resolution to partner with Southern Tier Network to implement broadband fiber at a cost of $5,000.00.

A motion was made by Dave Parmley, seconded by George Prete to accept the Resolution as presented. The Resolution was duly put to a vote on roll call, which resulted as follows:

Samuel Nasca Yea     George Prete Yea
Dave Parmley Yea     Joseph Foreman Yea

Shawn Hogan Absent

The Resolution was duly adopted.

27 Bank Street- Executive Director Griffin stated that the property located at 27 Bank Street required extensive roof repair. Griffin further stated that he has hired Stephen Hubertus to survey the property due to extensive encroachment by the property owners behind the building. Griffin further stated that some of the damages to the roof were due to the trees behind the building and it was nesseciary to have a survey to determine how far back the trees could be cut.

Griffin reported that the company renting the building will do the work themselves and repair the portions of the roof that are leaking. Griffin requested the board authorize them to repair the roof and the supplies needed not to exceed $10,000.00 with no one invoice to exceed $5,000.00. A motion to accept the estimate for $10,000.00 was presented by George Prete, seconded by Dave Parmley. The motion was put to a roll call, which resulted as follows:

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

The Resolution was duly adopted.

There being no old or new business, the meeting was adjourned at 4:45 PM upon motion from Dave Parmley, seconded by Joseph Foreman. Carried All.

Respectfully submitted,

Joseph Foreman, Secretary