Meeting Minutes
December 29, 2009
A regular meeting of the City of Hornell Industrial Development Agency was held on Tuesday, December 29, 2009, at 5:30 PM, at 40 Main Street, Hornell, NY.
PRESENT
Samuel Nasca, Chairman
Dave Parmley, Asst. Treasurer
Joseph Foreman, Secretary
Shawn Hogan, Treasurer
ABSENT
George Prete, Vice Chairman
ALSO
James W. Griffin, Consultant, CEO
Wanda White, CFO, Admin. Asst.
Bob Clark, Reporter, Evening Tribune
Chairman Samuel Nasca called the meeting to order at 5:30 PM.
MINUTES
Secretary Joseph Foreman presented the minutes of 11/19/09 meeting. A motion was made by Shawn Hogan, seconded by Dave Parmley to accept the minutes of the 11/19/09 meeting as presented. Carried All.
FINANCIAL REPORT
Treasurer Shawn Hogan presented the financial report for the month of November 2009. A motion was made by Shawn Hogan, seconded by Dave Parmley to accept the financial report as presented. Carried All.
AUDIT COMMITTEE
In absent of the Audit Committee Chairman George Prete, Chairman Nasca presented the audit report for December 2009. He stated the Audit committee had met on December 29, 2009 and approved payments in the amount of $530,661.76 for the month of December. A motion was made by Shawn Hogan, seconded by Joseph Foreman to approve the actions of the audit committee. Carried All.
PERSONNEL COMMITTEE
Personnel Committee Chairman, Shawn Hogan, reported the Personnel Committee had met 12/18/09 to discuss Griffin’s consultant contract. He stated there would be a full report to the board by the next meeting. A motion to accept Shawn Hogan’s report was made by Dave Parmley, seconded by Joe Foreman. Carried All.
GOVERNANCE COMMITTEE
Governance Committee Chairman Sam Nasca presented “The 10 Commandments of Leadership” and stated that the Board would discuss the pamphlet at the conference next month. A motion to accept Nasca’s report was made by Dave Parmley, seconded by Joe Foreman. Carried All.
OLD BUSINESS
Griffin stated that the buyers of the 18 N. Main Street Bldg. had never had the heat turned on in the building. He stated we have put the heat in the IDA’s name and will have it on as soon as Kuhn’s Plumbing checks all connections.
NEW BUSINESS
LIN INDUSTRIES – Griffin stated he had met with Uttara Prasad, President of Lin Industries and discussed upgrading of the building. Many repairs needed to be done, including upgrading existing bathrooms, repair roof, repair siding, paint floor, etc. The cost estimated by Maple City Contracting was $12,115.00. Griffin stated that eventually Uttara Prasad hoped to attach a new office building to the old building and blacktop parking area, and do some landscaping.
A Resolution to approve expenditures to upgrade the Lin Industry Bldg. was made by Shawn Hogan, seconded by Dave Parmley. The Resolution was put to a vote on roll call, which resulted as:
Nasca – Yea
Hogan – Yea
Foreman – Yea
Parmley – Yea
Prete – Absent
The Resolution was thereupon duly passed.
SALES TAX EXEMPTION
GRAY MANUFACTURING - CEO Griffin stated that Gray Manufacturing was moving a part of their business into the Alstom Building consisting of 28,000 sq.ft. Gray’s would spend over $50,000 outfitting the building. Gray’s are asking for further tax exemption for $4-8,000 and extending the date to September 30, 2010.
A resolution to grant extension of the tax exemption date to September 30, 2010 for Gray Manufacturing was made by Hogan, seconded by Parmley. The Resolution was put to a vote on roll call, which resulted as:
Nasca – Yea
Hogan – Yea
Foreman – Yea
Parmley – Yea
Prete – Absent
The Resolution was thereupon duly passed.
NIAGARAHOLDING CO - Dr. Dhalikal had filed for financial assistance from the Agency for $1 million in equipment. The equipment arrived and was damaged and had to be reordered. Dr. Dhalikal is asking for an extension for further tax deductions until July 1, 2010. A resolution to extend the tax exemption status until July 1, 2010 was made by Dave Parmley, seconded by Joseph Foreman. The Resolution was put to a vote on roll call, which resulted as:
Nasca – Yea
Hogan – Yea
Foreman – Yea
Parmley – Yea
Prete – Absent
The Resolution was thereupon duly passed.
A motion to enter into Executive Session was made by Dave Parmley, seconded by Shawn Hogan under the Public Officers Law, Article 7 Open Meeting Law Section 105, paragraph d. Carried All.
The regular meeting reconvened at 6:00 PM. There being no further business, the meeting was adjourned at 6:05 PM upon motion by Dave Parmley, seconded by Joe Foreman. Carried All.
Respectfully Submitted,
Joseph Foreman, Secretary
