Meeting Minutes

May 29, 2014

The monthly meeting of the City of Hornell Industrial Development Agency was held on Thursday, May 29, 2014, at 4:00 PM, at 40 Main Street, Hornell, NY.

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

ABSENT:   None
 

ALSO:        James Griffin, CEO, Executive Director
                 Wanda White, Administrative Asst.
                 John Dagon, Agency Attorney
           

Chairman Nasca called the meeting to order at 4:00 PM. Joseph Foreman, Secretary, presented the minutes of the May 1, 2014 meeting. A motion was made by George Prete, seconded by Dave Parmley to accept the minutes of the 5/1//14 meeting as presented. Carried All.

Treasurer Shawn Hogan presented the financial reports for the month of April, 2014, and is pending Mengel, Metzger, Barr’s review. A motion was made by David Parmley, seconded by George Prete to approve the financial reports as presented. Carried All.
 

Mr. Griffin stated that the Auditors were here in our office finishing our 2013-2014 Audit which has to be approved and sent to PARIS by June 30, 2014. He stated that Mengel, Metzger, and Barr usually input financial information into PARIS. He inquired if Drescher & Malecki would do this as they have done the Audit and have worked with the financials.
 

COMMITTEE REPORTS

Audit Committee – George Prete, Chairman of the Audit Committee, stated that the Committee met on 5/29/14 and approved bills in the amount of $20656.75 for May. A motion was made Joseph Foreman, seconded by Shawn Hogan to approve the actions of the Audit Committee. Carried All.
 

Personnel Committee – Chairman Hogan stated he had no report.
 

Governance Committee – Chairman Nasca reported that there is a bill which has sponsors in both the Assembly and Senate which would severely restrict IDA’s from providing incentives to encourage job creation. These would affect PILOTS, Clawbacks, Reporting, eligibility, etc. Mr. Griffin reported that he had forwarded a letter expressing our opposition to our representatives and had spoken directly with him as Chair Nasca had.

Mr. Nasca also stated that the Board would be attending an IEDC Conference in June in Minnesota in furtherance of Board education requirements. A motion was made by Dave Parmley, seconded by George Prete to accept the Governance Committee Report. Carried All.

CEO’S REPORT
 

Lin Industries

Executive Director Griffin stated that Lin Industries would be contracting with a Chinese company to assemble lighting apparatus at her business on Transit Drive for a Kawasaki/MTA contract.

Amexstra
 Executive Director Griffin reported that he is continuing a discussion with Mr.
Sharma regarding his donating the Bank St. Property and with Jason Rodd regarding the lease.
 

HP Hood Properties

Executive Director Griffin stated that he was meeting with the Hornellsville Town Board regarding assessed values of HP Hood properties sited for the hiking trail. Assessed values are extremely high and need to be reassessed for land given to the City for the hiking trail. He stated he would keep the Board informed.
 

There being no further business, the meeting was adjourned at 6:15 PM.



Respectfully Submitted,
Joseph Foreman, Secretary