Meeting Minutes

July 21, 2016

The Regular Meeting of the Hornell Area Industrial Development Corporation was held July 21, 2016, at 4:48 PM, at 40 Main Street, Hornell, NY.

PRESENT: Samuel Nasca, Chair
George Prete, Vice Chair
Shawn Hogan, CFO, Treasurer
Joseph Foreman, Secretary
David Parmley, Asst. Treasurer/ Assistant Secretary

ALSO: James Griffin, CEO, Executive Director
Margaret Frungillo, Administrative Assistant
John Dagon, Agency Attorney

Chairman Nasca called the meeting to order at 4:48 PM. Chairman Nasca reported that there was a quorum for the meeting as required by the by-laws.

MINUTES

Secretary Foreman presented the minutes of the March 11, 2016 Meeting.
A motion was made by Dave Parmley, seconded by Shawn Hogan to accept the minutes as presented. Carried All.

FINANCIAL REPORT

Treasurer Shawn Hogan presented the audited financial reports for the months of March- June that had been e-mailed to the Board prior to the meeting. A motion was made by Shawn Hogan, seconded by Dave Parmley to approve the financial reports as presented. Carried All.

COMMITTEES

Audit Committee – George Prete, Chairman of the Audit Committee, stated the Audit committee met on April 20, 2016 and approved bills for March in the amount of $3,200.00, met on May 31, 2016 and approved bills in the amount of $100.00 and on June 30, 2016 for June in the amount of $2,380.00. A motion was made by Shawn Hogan, seconded by Dave Parmley to approve the actions of the Audit Committee.

Personnel Committee – No Report

Governance Committee – No Report

EXECUTIVE DIRECTOR'S REPORT

Alstom- Executive Griffin requested support for a donation to benefit the Hornell Children's Home and St. James Hospital in the amount of $312.00. A motion was made by Shawn Hogan, seconded by Joseph Foreman to accept the request as presented.

There being no old or new business, the meeting was adjourned at 4:59 PM upon motion from Dave Parmley, seconded by George Prete. Carried All.



Respectfully Submitted,

Joseph Foreman, Secretary