Meeting Minutes
May 29, 2008
A regular meeting of the City of Hornell Industrial Development Agency was held on Thursday, May 29, 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
Margie Frungillo
Chairman Samuel Nasca called the meeting to order at 5:00 PM.
The minutes of the 04/24/08 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 April 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 05/29/08 and approved bills in the amount of $52,771.43. A motion was made by Dave Parmley, seconded by Joe Foreman to approve the actions of the audit committee. Carried All. Griffin stated that he had met with the Auditors and discussed the process by which bills are reviewed and paid. They suggested the Agency do away with vouchers. With our new accounting system, a part of the check would serve as the voucher. Griffin said it would be easier for the audit committee to audit. All checks would be in numerical order and post audited checks would be so noted. The copies of the bills to be paid would be attached with the approval of the Executive Director.
Personnel Committee Chairman, Shawn Hogan, had no report.
Governance Committee Chairman Nasca, reported that Griffin, Prete and Nasca attended a NYSEDC educational seminar on May 21-23 in Cooperstown. Nasca asked Secretary to insert attendance records into file. Mr. Nasca reported on the status of the IDA Reform bill. Nasca further urged all board members to attend IDA Public Hearings. Motion to accept Chairman Nasca’s report was made by Prete, seconded by Hogan. Carried All.
EXECUTIVE DIRECTOR’S REPORT
Executive Director Griffin presented a modified Financial Assistance Application. This application requires the applicant to agree to comply with reporting requirements of New York State. Griffin asked the Board to review the application (enclosed) for acceptance at the next meeting.
EASEMENTS WITH LOWES PROJECT - Executive Director Griffin stated that a 99 year easement existed for a Bethesda Foundation memorial on Dr. Robbins property. Dr. Robbins had given the Canisteo Valley Historical Society a 99 year lease on 1750 sq.ft. which would be the main entrance to Lowes. Griffin spoke with St. James and the Historical Society and they both willingly agreed to move the memorial across the street. The Historical Society released the 99-year easement. Griffin stated that everyone involved was willing to work together. A contractor will move and set up the memorial and then St. James will have a rededication at the new location.
GENERALLI PROPERTY – Griffin stated that the Agency was waiting for the deed description on the property from Steve Hubertus. We have not been able to find a deed. Hubertus will do a map and have DOT go over the description also. We expect to have a deed for the 33 acres in a couple of weeks.
NEW BUSINESS
An Inducement Resolution (see attached application and resolution) was presented for the Lowe’s Project. Since the property was annexed into the City, a Public Hearing Meeting has been scheduled for June 17, 2008, in the Agency’s office at 10:00 AM. The Inducement Resolution was presented October 2007 but is being redone as the land was annexed into the City. A motion was made by George Prete, seconded by Shawn Hogan, 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.
TRIKEENAN – Griffin has received a request from Trikeenan to guarantee to their gas utility provider, payment of bills up to $35,000 in the event of non-payment by Trikeenan. All bills are paid to date. Griffin spoke with the Mayor regarding the Small Cities grant that Trikeenan had applied for. The possibility on the guarantee of $35,000 of the Small Cities Grant to the Agency in the event Trikeenan fails to pay their utility bill was discussed. Griffin asked the Board to consider the request and he would present a Resolution at the next meeting.
There being no further business, the meeting was adjourned upon motion from Joe Foreman, seconded by Hogan, at 5:35 PM. Carried All.
Respectfully Submitted,
Joseph Foreman, Secretary
