Meeting Minutes

September 21, 2011

The regular meeting of the Hornell Area Industrial Development Corporation was held on September 21, 2011, at 3:45 PM, at 40 Main Street, Hornell, NY.

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

ABSENT: David Parmley, Asst. Treasurer

ALSO: James Griffin, CEO, Executive Director
        Wanda White, Administrative Assistant
        Andrew Poole, Reporter, Evening Tribune
        John Dagon, Attorney

Chairman Nasca opened the meeting at 3:45 PM.

MINUTES

Joseph Foreman, Secretary, presented the minutes of the June 23, 2011 meeting. A motion was made by George Prete, seconded by Shawn Hogan to approve the minutes as presented. Carried All.

FINANCIAL REPORT

Treasurer Shawn Hogan presented the financial reports for the months of
June, July, August 2011. A motion was made by George Prete, seconded by Joseph Foreman to approve the financial reports as presented. Carried All.

AUDIT COMMITTEE

The Audit Committee Chairman, George Prete, presented the Audit Report stating that the Audit Committee met on 8/25/11 and approved bills totaling $1509.03 for the month of August and again on 9/21/11 in the amount of $140.00 for the month of September. A motion to approve actions of the Audit Committee was made by Shawn Hogan, seconded by Joseph Foreman. Carried All.

PERSONNEL COMMITTEE

No Report

GOVERNANCE COMMITTEE

No Report

EXECUTIVE DIRECTOR

Executive Director Griffin presented the 2012 HAIDC Budget for the 2012 year which is due in PARIS reports 90 days prior to year end. A motion was made by George Prete, seconded by Shawn Hogan, to approve the 2012 Budget. The motion was put before the Board and roll call was as follows:

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

The motion was therefore carried.

NEW BUSINESS

No Report

OLD BUSINESS

No Report

There being no further business, the meeting was adjourned at 4:00 PM.



Respectively Submitted,

Joseph Foreman, Secretary
Hornell Area Industrial Development Corporation