Tuesday, December 14, 2010

    One Cablevision Center
    Ferndale, New York 12734
    (845) 295-2603 – telephone
    (845) 295-2604 – fax

    Tuesday, December 14, 2010

    Chairman Wood called to order the regular meeting of the County of Sullivan Industrial Development Agency at approximately 10:00 A.M., which was held in the Legislative Committee Room at the Sullivan County Government Center, Monticello, New York.

    Members Present
    Elwin Wood
    Charles Barbuti
    Cindy Garlinghouse
    Harold Gold
    Harris Alport
    Suzanne Loughlin
    Edward Sykes
    Raymond Walter
    Steve White

    Members Absent

    Staff Present
    Jennifer C.S. Brylinski, Exec. Dir.
    Elizabeth A. Hunt, Exec. Assistant

    Staff Absent

    Others Present-
    Allan C. Scott, ALSCO Management, Inc. /Consultant /IDA CEO
    Barbara A. Garigliano, Esq., Agency Legal Counsel
    Tara Lewis, Garigliano Law Offices
    Luiz Aragon, Commissioner, SC Planning & Environmental Management
    Dan Hust, Sullivan County Democrat
    Barbara Burton, Sullivan County Resident
    Cindy Geiger, Sullivan County Resident
    Sonja Hedlund, Sullivan County Resident
    Claudine Luchsinger, Sullivan County Resident
    Jane Luchsinger, Sullivan County Resident
    Roy Tedoff, Sullivan County Resident
    Dick Riseling, Sullivan County Resident
    Christopher Eggland, Sullivan County Resident
    Please be advised that not all attendees were accounted for at this meeting.

    Mr. Barbuti made a motion to approve both the minutes of the November 9, 2010 regular meeting and the December 6, 2010 special meeting. The motion was seconded by Ms. Loughlin, the Board voted and the motion was unanimously carried.

    Mr. Sykes made a motion to approve the revised schedule of payments, Mr. Alport seconded the motion, the Board voted and the motion was unanimously carried.

    Ms. Brylinski wished to advise the Board of the following:
    · The purchase of equipment for Catskill Distilling Company LTD Distillery (“Catskill Stills”) was completed in November and that the IDA will be reimbursed for this expense through the USDA RBEG Grant.
    · She reported she has attended several meetings of the newly formed Sullivan County Economic Development Council which was created to oversee the various Sullivan County agencies. She is also a member of the Strategy and Budget Committees of this new entity.
    · She received Marc Baez’s Agribusiness Resource Guide which she will forward to the Board members for their review.
    · A new development corporation, the Sullivan County Funding Corporation was created to help facilitate the IDA’s ability to assist a broader range of clients in a wider range of ways.
    · She asked of the Board that if they had their Evaluation Forms and if they could kindly hand them in. She explained to those present that the IDA Board is now conducting Board evaluations. The results will be reviewed at the January or February 2011 meeting.

    Ms. Brylinski advised the Board that Catskill Stills has made a request to extend their sales tax abatement period since there is still work to be completed. Ms. Lewis passed out the resolution to the Board. Ms. Hedlund questioned why the sales tax abatement period was being extended. She was advised that when a new project requests an extension in order to complete outstanding items necessary to complete their project, it has been the norm to grant the extension. On a motion by Mr. Sykes, seconded by Mr. Gold, the Board voted and the resolution was unanimously passed.

    Ms. Lewis presented to the Board a resolution regarding Jefferson Development Partners, LLC. Ms. Brylinski explained that the resolution simply authorized the execution and delivery of a Note and Mortgage Modification Agreement of an existing loan in an amount not to exceed $15,000,000 to United States Trust Company, NA. On a motion by Ms. Loughlin, seconded by Mr. Gold, the Board voted and the resolution was unanimously passed.

    Ms. Lewis passed out to the Board a resolution which Ms. Brylinski explain is regarding the authorization of the IDA to execute and deliver a Leasehold Mortgage in an amount not to exceed $1,152,000 and related documents in favor of Walden Savings Bank. This resolution relates to the Sullivan County Community College Dormitory Corporation and more specifically the financing of the Eco Green Community Housing Fund, L.P. project. On a motion by Mr. Gold, seconded by Ms. Garlinghouse, the Board voted with Mr. Alport abstaining, and the resolution was passed.

    Chairman Wood asked if there was any public comment.

    Claudine Luchsinger had a few questions regarding the Mogenavland LLC project. Two of her questions were that she was unable to find the deed recording information and she inquired as to the corporate structure of the project. She was advised by Ms. Garigliano that the title company involved in the transaction was not from Sullivan County, which usually slows down the process since then the documents have to be mailed to the Sullivan County Clerk and in addition the clerk’s office has been delayed in getting documents files. Mr. Scott advised that he would furnish Ms. Luchsinger the corporate breakdown of the project. She had a few other questions regarding an appraisal of the project and the employment requirements. Ms. Brylinski advised Ms. Luchsinger that she could again visit the IDA office and review the closing books if she wished.

    Ms. Burton made a general comment regarding Catskill Stills.

    Ms. Geiger spoke to the Board and those present about the plight of the local farmers, as well as her thoughts, observations and personal experience regarding the farming industry in Sullivan County. There was a lengthy discussion by Ms. Geiger, the Board and those present regarding, among other things, the status of the farming community in Sullivan County, the utilization of the Millennium Pipeline funds, farm grants, farm loans, prior studies done regarding farming and the anticipated Red Meat Facility project.

    Ms. Brylinski advised that there will be a need to recess the current meeting to either December 22nd or December 23rd. She advised that a notice and agenda will be given to the Board when a day and time has been established. Chairman Wood then questioned the Board and those present if there were any further questions or comments. There being none, on a motion by Mr. Sykes, seconded by Mr. Alport, the Board voted and the meeting was recessed at approximately 11:00 A.M.

    Respectfully submitted:
    Elizabeth A. Hunt
    Executive Assistant

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