Meeting Minutes
June 25, 2009
The monthly meeting of the City of Hornell Industrial Development Agency was held on June 25, 2009, at 5:00 PM, at 40 Main Street, Hornell, NY.
PRESENT
Samuel Nasca, Chairman
Shawn Hogan, Treasurer
Dave Parmley, Asst. Treasurer
George Prete, Vice Chairman
Joseph Foreman, Secretary
ABSENT
none
ALSO
James Griffin, CEO
Wanda White, CFO, Administrative Assistant
John Dagon, Attorney
Chairman Nasca opened the meeting at 5:00 PM.
MINUTES
Secretary Joseph Foreman, presented the minutes of the 05/28/09 meeting. A motion was made by Dave Parmley, seconded by Shawn Hogan to approve the minutes as presented. Carried All.
Treasurer Shawn Hogan presented the financial reports for the month of May 2009. A motion was made by Dave Parmley, seconded by Joseph Foreman to approve the financial reports as presented. Carried All.
AUDIT COMMITTEE
Chairman of the Audit Committee George Prete, reported the Audit Committee had met on 6/12/09 and approved bills in the amount of $119,660.82 and met again on 6/25/09 and approved bills in the amount of $18,735.25, totaling $138,396.07. A motion was made by Dave Parmley, seconded by Shawn Hogan to approve the actions of the Audit committee. Carried All.
PERSONNEL COMMITTEE
Personnel Committee Chairman Shawn Hogan had no report.
GOVERNANCE COMMITTEE
Governance Committee Chairman Samuel Nasca stated that due to the chaos, the IDA Reform legislation had been put on hold. A motion was made by Dave Parmley, seconded by George Prete to accept the report from Nasca. Carried All.
EXECUTIVE DIRECTORS REPORT
Lin Industries – Mr. Griffin said he had met with Uttara Prasad, CEO of Lin Industries and discussed improvements needed in the Agency’s building, which is leased to Lin’s. Griffin would ask for some estimates from different contractors and present to the Board for approval.
ErieLine Antiques – Griffin stated he was waiting for an update on repairs needed to the building the Agency owns from Jeff Johnson. Hogan stated that Johnson would submit a list of improvements that needed to be done at the building.
DixonSchwabl – Dixon Schwabl is the Company selected to re-identify the CHIDA and redo our web site. They are proposing to hold a meeting in our office on July 15th and include the Agency, Chamber, City, and HPG to discuss Hornell and share ideas of what we may want to see on our web site.
Grays Manufacturing – Griffin stated that Testori had based their business with Alstom in one of the buildings that Alstom leases from our Agency. Now that Testori does little work for Alstom the rent on the building would increase. Testori has not decided to stay in the building but may take the business to Plattsburg. Gray Manufacturing has received a contract and needs more room and would like to lease the building from Alstom. Mr. Griffin said the decision on the building would be with Alstom.
Lowe’s – Griffin told the Board that Lowe’s would be ready to open their doors on August 6, 2009.
NEW BUSINESS
Travel – the Annual conference for the IEDC will be October 4-7 in Reno, Nevada. Griffin reminded the Board that reservations would need to be made soon and the Board could contact the office of their attendance.
Annual Meeting – The Annual Meeting of the CHIDA will be held on August 26th with no meeting scheduled for July. The actual meeting would be at the Agency’s office at noon with an afternoon planned at the Griffin’s cottage and dinner at the Lake Side Restaurant. Dave Parmley donated the bus for transportation to and from the Lake. Plans will be sent via e-mail.
OLD BUSINESS
BOCOBO Property – Griffin stated he had received a bill from Shults & Shults for the purchase of the BOCOBO property but the invoice was not what the Agency offered. David Shults said he would check this out and get back to the Board.
There being no further business the meeting was adjourned at 5:45 PM.
Respectively submitted,
Joseph Foreman, Secretary
