COUNTY OF SULLIVAN INDUSTRIAL DEVELOPMENT AGENCY
One Cablevision Center
Ferndale, New York 12734
(845) 295-2603 – telephone
(845) 295-2604 – fax
MEETING MINUTES
Tuesday, December 14, 2010
I. CALL TO ORDER
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.
II. ROLL CALL
Members Present
Elwin Wood
Charles Barbuti
Cindy Garlinghouse
Harold Gold
Harris Alport
Suzanne Loughlin
Edward Sykes
Raymond Walter
Steve White
Members Absent
None
Staff Present
Jennifer C.S. Brylinski, Exec. Dir.
Elizabeth A. Hunt, Exec. Assistant
Staff Absent
None
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.
III. APPROVAL OF MINUTES
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.
IV. BILLS AND COMMUNICATIONS
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.
V. EXECUTIVE DIRECTOR’S REPORT
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.
VI. OLD BUSINESS
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.
VII. NEW BUSINESS
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.
VIII. ADJOURNMENT (Recess)
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