Meeting Minutes

June 26, 2008

A regular meeting of the City of Hornell Industrial Development Agency was held on Thursday, June 26, 2008, at 5:00 PM, at 40 Main Street, Hornell, NY.

PRESENT

Samuel Nasca, Chairman
George Prete, Vice Chairman
Joseph Foreman, Secretary
Dave Parmley, Asst. Treasurer
Shawn Hogan, Treasurer

ABSENT

None

ALSO

James W. Griffin, CEO
Rob Montana, Reporter
John Dagon
Wanda White

Chairman Samuel Nasca called the meeting to order at 5:00 PM. 

The minutes of the 05/29/08 meeting were presented by Secretary Joseph Foreman. A motion was made by George Prete, seconded by Dave Parmley, to approve the minutes as presented. Carried All.

Shawn Hogan, Treasurer, presented the financial report for May 2008. A motion was made by Joe Foreman, seconded by Dave Parmley, to approve the financial report as presented. Carried All.

George Prete, Chairman of the Audit Committee, reported the Audit Committee had met on 06/26/08 and approved bills in the amount of $118,817.98. A motion was made by Dave Parmley, seconded by Joe Foreman to approve the actions of the audit committee. Carried All.

Personnel Committee Chairman, Shawn Hogan, had no report. 

Governance Committee Chairman Nasca, reported that the IDA Reform Bill did not pass. Mayor Hogan stated if IDA’s private enterprises were using their own money to finance projects, there should be no requirements for prevailing or living wages.

A motion was made by Dave Parmley, seconded by Shawn Hogan to approve the Governance Committee Report. Carried All.

EXECUTIVE DIRECTOR’S REPORT

Executive Director Griffin presented the modified Financial Assistance Application that was presented at the last meeting.  This application requires the applicant to agree to comply with reporting requirements of New York State. A motion was made by Shawn Hogan, seconded by Dave Parmley to adopt the new financial application. Carried All. 

LOWES PROJECT - Executive Director Griffin presented a Final Resolution (attached) regarding the Lowe’s Project, stating this resolution was passed before but needed to be presented again since the City annexed the land for the project.  A Public Hearing was held on June 17, 2008(attached). A motion was made by Shawn Hogan, seconded by George Prete, to approve the Resolution. The Resolution was put to a vote on roll call, which resulted as:

Samuel Nasca – Yea
George Prete – Yea
Shawn Hogan – Yea
Dave Parmley – Yea
Joseph Foreman - Yea       

The Resolution was there upon duly passed.

ARC MARKETING – Griffin stated that over a year ago ARC allocated monies for our local IDA but the money had to be spent this year. Griffin stated he had reached out to three marketing companies and will hopefully have recommendations for the next board meeting. 

Griffin stated he would send draft audits out to the Board Members for their review for adoption at the next meeting.

OLD BUSINESS

None

NEW BUSINESS

The Annual Meeting of the IDA will be held on August 5, 2008, with our meeting at 40 Main Street, and dinner would be at the Lakeside Restaurant on Keuka Lake.

A motion was made by Dave Parmley, seconded by George Prete to enter into Executive Session for employee litigation purposes. Carried All.

The meeting reconvened at 5:45 PM. There being no further business, the meeting was adjourned upon motion by Dave Parmley, seconded by George Prete. Carried All.

Respectfully Submitted,
Joseph Foreman, Secretary