November 2,2017

   A regular meeting of the City of Hornell Industrial Development Agency was held on Thursday, November 2, 2017, at 4:00 PM.

PRESENT: Samuel Nasca, Chair
               George Prete, Vice Chair
               Shawn Hogan, Treasurer, CFO
               Dave Parmley, Assistant Treasurer/ Assistant Secretary

ABSENT: Joseph Foreman, Secretary

ALSO: James Griffin, CEO, Executive Director
          Margaret Frungillo, Administrative Assistant
          John Dagon, Attorney
          Bill Dugan, WLEA
          Jason Jordan, Evening Tribune

Chairman Nasca called the meeting to order at 4:01 PM. Chairman Nasca reported that there was a quorum for the meeting as required by the by-laws.

Secretary Report- Chairman Nasca presented the minutes of the September 27, 2017 meeting. A motion was made by Shawn Hogan, seconded by Dave Parmley to approve the minutes of the 9/27/17 meeting. Carried All.

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

Executive Director Griffin passed out the Budget Reports that had been submitted on the PARIS website in October, as required by the State, for the Board's review.

COMMITTEE REPORTS

Audit Committee – Chairman of the Audit Committee, George Prete, reported that the Audit Committee had met on 10/5/17 and approved bills in the amount of $390,294.46 from the Operating account and $21,224.16 from the Escrow account for September and met on 11/2/17 and approved bills for $42,842.63 from the Operating for October. A motion was made by Dave Parmley, seconded by Shawn Hogan to approve the actions of the Audit Committee. Carried All.

Personnel Committee – Treasure Hogan deferred the Personnel Committee to Vice Chairman George Prete and recused himself.

Chairman Prete stated that the Personnel Committee had reviewed the proposed consulting contract for Shawn Hogan and agreed that the contract was fair.

Chairman Nasca stated that Shawn Hogan has been active on the IDA Board for 32 years and has been a participant in many important projects, his experience and knowledge is vital to this Board. The agency will pay a monthly stipend of $5,000.00 for the duration of this contract starting January 1, 2018 to December 31, 2019. A motion was made by Dave Parmley seconded by George Prete to authorize Chaiman Nasca to sign the contract to hire Shawn Hogan as a Consultant for the Agency for a term of 2 years. The motion was put to vote on roll call, which resulted as follows:

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

The Resolution was duly adopted.

Governance Committee – Chairman Sam Nasca reported that he is reviewing the By-Laws to insure that we are in compliance with both PAAA and PARA. He stated that it is important to be sure there are no conflicts and we are in-step with PAAA and PARA.

Executive Griffin stated that he would like to send our by-laws to Bob Ryan at Harris Beach for review.

A motion was made by Dave Parmley, 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 4:34 PM.

EXECUTIVE DIRECTOR'S REPORT

REMAX- Executive Director Griffin stated that the lease with Remax expired in July and a letter was sent to the company to negotiate a new lease. The lease payment was $650.00 a month and after the lease expired the amount went to $1,625.00.

Griffin stated that he will bring any further discussions to the Board for approval prior to the reaching an agreement.

Shovel Ready Site- Executive Director Griffin requested a resolution that would allow him to apply to the Southern Tier Region Economic Development Corporation for a loan from the Southern Tier Regional Infrastructure Fund for Shovel Ready Sites in an amount not to exceed $1 million depending on the amount of funds available. 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        David Parmley – Aye
Shawn Hogan – Aye        Joseph Foreman – Absent
George Prete – Aye

The Resolution was duly adopted.

Iron Shore – Executive Director Griffin stated that the Iron Shore Project on Prindle Avenue is in default on the PILOT agreement and he requested a resolution to put the property back on the tax rolls unless the owner makes a satisfactory agreement with the Agency. 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         David Parmley – Aye
Shawn Hogan – Aye         Joseph Foreman – Absent
George Prete – Aye

The Resolution was duly adopted.

Parcel D - Executive Director Griffin stated the David Juisto is interested in purchasing Parcel D on Fairlawn Avenue, the parcel is approximately 9/10th of an acre. Griffin further stated that he requested Mr. Juisto have a survey completed of the requested land and make a reasonable offer. Griffin requested a resolution to continue to discuss the sale of this property. A motion was made by Dave Parmley, seconded by Dave Parmley to approve the resolution as presented. The motion was put to vote on roll call, which resulted as follows:

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

The Resolution was duly adopted.

There being no further business the meeting was adjourned at 4:59 PM upon motion by Shawn Hogan, seconded Dave Parmley. Carried All.

Respectfully submitted,

Joseph Foreman, Secretary