Meeting Minutes

September 17, 2015

A regular meeting of the Hornell Area Industrial Development Corporation was held September 17, 2015 at 4:45 PM.

PRESENT: Samuel Nasca, Chair
George Prete, Vice Chair
Shawn Hogan, Treasurer, CFO
David Parmley, Asst. Treasurer

ABSENT: Joseph Foreman, Secretary

ALSO: James Griffin, Executive Director, CEO
Margaret Frungillo, Administrative Assistant
John Dagon, Attorney
William Dugan, WLEA Reporter
Jason Jordon, Evening Tribune Reporter



Chairman Nasca called the meeting to order at 4:45 PM. Chairman Nasca reported that there was a quorum for the meeting as required by the by-laws



MINUTES

The minutes of the 4/30/15 meeting was presented by Chairman Nasca. A motion was made by Dave Parmley, seconded by George Prete to approve the minutes as presented. Carried All.



FINANCIAL REPORT

Treasurer Shawn Hogan presented the audited financial reports for the months of April - August that had been e-mailed to the Board prior to the meeting and reviewed by our accountants Mengel, Metzger, & Barr. A motion was made by Dave Parmley, seconded by George Prete 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 September 17, 2015 and approved bills for May in the amount of $2,466.00, July in the amount of $500.00 and for August in the amount of $312.00. A motion was made by Dave Parmley, seconded by Shawn Hogan to approve the actions of the Audit Committee.

Personnel Committee – No Report

Governance Committee – Chairman Nasca deferred his report until later in the meeting.

New Business- Chairman Nasca presented a resolution to adopt the Hornell IDC 2016 Budget as presented. A Resolution was presented upon motion by Dave Parmley, seconded by George Prete to adopt the 2016 Hornell IDC Budget as presented. The motion was put to a vote on roll call which resulted as follows:

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



The Resolution was duly adopted.



Chairman Nasca presented a resolution for PARA and PAAA stating that the Agency members reviewed all policies and procedures. A motion was made by Dave Parmley, seconded by George Prete to adopt the policies as reviewed by the Board. The Resolution was duly put to a vote on roll call, which resulted as follows:

Samuel Nasca – Aye
David Parmley – Aye
Shawn Hogan – Aye
George Prete – Aye
Joseph Foreman - Absent

There being no further business, the meeting was adjourned at 5:50 PM upon motion from Dave Parmley seconded by George Prete. Carried All.



Respectfully Submitted,

Joseph Foreman, Secretary