COUNTY OF SULLIVAN INDUSTRIAL DEVELOPMENT AGENCY
One Cablevision Center
Ferndale, New York 12734
(845) 295-2603 – telephone
(845) 295-2604 – fax
Tuesday, June 8, 2010
I. CALL TO ORDER
Chairman Wood called to order the regular meeting of the County of Sullivan Industrial Development Agency at approximately 10:04 A.M., which was held in the Legislative Committee Room at the Sullivan County Government Center, Monticello, New York.
II. ROLL CALL
Jennifer C.S. Brylinski, Exec. Dir.
Elizabeth A. Hunt, Exec. Assistant
Allan C. Scott, ALSCO Management, Inc./Consultant /IDA CEO
Walter F. Garigliano, Esq., Agency Legal Counsel
Luiz Aragon, Commissioner, SC Planning & Environmental Management
Marc Baez, Baez Associates
Timothy McCausland, Partnership for Economic Development
Josh Sommers, Partnership for Economic Development
Anna Niemann, Cooper, Niemann & Co., LLP
Dan Hust, Sullivan County Democrat
Dick Riseling, Sullivan County Resident
Sonya Hedlund, Sullivan County Resident
III. APPROVAL OF MINUTES
Ms. Loughlin made a motion to jointly approve both the minutes of the May 11, 2010 regular meeting and the May 18, 2010 reconvened meeting. The motion was seconded by Mr. Alport, the Board voted and the motion was unanimously carried.
IV. BILLS AND COMMUNICATIONS
Mr. Alport made a motion to approve the revised schedule of payments, Mr. Gold seconded the motion, the Board voted and the motion was unanimously carried.
V. EXECUTIVE DIRECTOR’S REPORT
Ms. Brylinski reported to the Board that she received a letter from the NYS Senate advising the IDA to disregard their previous letter regarding “moral” obligations to hire women and minorities.
She advised the Board that Mr. Barbuti requested that the Agenda item of discussing the IDA’s By-Laws be tabled until a later date. The Board agreed.
Finally, Ms. Brylinski advised the Board that she attended the recent EDC Conference in Cooperstown, New York. She informed the Board that she was advised at the conference that the monies paid out by IDAs to the NYS Division of Treasury for “Administrative Services Assessment” is going to be returned to them. She advised that the SC IDA paid approximately $20,000.00 to NYS for this “Assessment”.
VI. OLD BUSINESS
Ms. Niemann addressed the Board regarding the audited financial records of the IDA for year ending December 31, 2009. She informed the Board that this was a clean audit opinion and there will be no management letter. She briefly reviewed the IDA’s financial status for the Board. Mr. Walter questioned as to why the Seanachie Pub loan was still listed on the report as an open loan. The Board unanimously agreed to write off the loan.
Mr. Garigliano passed out to the Board a resolution authorizing, approving and consenting to an extension and modification of a lease from Frontier Insurance, as landlord, to Catskill Hudson Bank, as tenant, for approximately 3,421 square feet located in the Frontier Insurance Building for a term commencing April 30, 2010 and ending April 30, 2012. On a motion by Mr. Sykes, seconded by Mr. Walter, the Board voted, with Ms. Loughlin abstaining, and the resolution was passed.
Mr. Garigliano passed out to the Board a resolution authorizing and approving the execution and delivery of a Nominee Agreement by and between the IDA and Mogenavland LLC, which is the Dov Perkal project, previously approved by the Board. On a motion by Mr. Sykes, seconded by Ms. Loughlin, the Board voted with Mr. Alport abstaining, and the resolution was passed.
Mr. Garigliano passed out to the Board a resolution authorizing the IDA to pay the balance of the purchase price for distilling equipment to CARL Gmbh for the benefit of the Catskill Stills project. On a motion by Mr. Gold, seconded by Ms. Garlinghouse, the Board voted and the resolution was unanimously passed.
Mr. Garigliano passed out to the Board a resolution rescinding IDA resolution 12-10; authorizing the IDA to purchase six (6) stainless steel tanks; and authorizing Allan C. Scott to execute and deliver a sales contract. Mr. Garigliano explained that the previous resolution, which benefits Catskill Stills, also was for the purchase of tanks but it was found out that the tanks needed to be modified in order for them to work with other equipment at the distillery, so a revised resolution was necessary. On a motion by Ms. Loughlin, seconded by Mr. Walter, the Board voted and the resolution was unanimously passed.
Mr. Garigliano passed out to the Board a resolution authorizing and approving the execution and delivery of a Modification and Extension of Mortgage in an amount not to exceed $715,000.00 and related documents, in favor of the First National Bank of Jeffersonville for the benefit of Paradise II Resorts. On a motion by Mr. Alport, seconded by Ms. Loughlin, the Board voted, with Mr. Sykes and Mr. Walter abstaining, and the resolution was passed.
Mr. Garigliano handed out to the Board a resolution authorizing the IDA to provide funding to the Partnership for the 2nd quarter of 2010. On a motion by Mr. Sykes, seconded by Mr. Alport, the Board voted and the resolution was unanimously passed.
VII. NEW BUSINESS
Ms. Brylinski advised the Board that Mr. Baez, who was previously authorized by them to conduct a dairy creamery feasibility study, was going to speak to them about his findings which are contained in his study. Ms. Brylinski passed out Mr. Baez’ study to the Board. Mr. Baez did a thorough study which contained, among other things, information regarding his findings in speaking with local dairy farms, supply and demand, the building of a creamery and what his suggestions are as to the best direction that the dairy industry may take in Sullivan County. There was much discussion regarding the subject by those present.
With the help of Mr. Sommers, Mr. McCausland presented to the Board a Power Point presentation as to the Partnership’s stand on gas drilling in Sullivan County. Mr. McCausland advised that safety was the Partnership’s number one concern, but as long as the utmost measures and strict safety precautions are taken, the Partnership is supportive of gas drilling. He discussed in his presentation, among other things, his findings after speaking with officials from Bradford County Pennsylvania, which have had drilling in their county. Another point Mr. McCausland discussed was the need to have a strong infrastructure in place in prior to gas drilling. There was discussion by those present regarding this subject.
Chairman Wood questioned the Board and those present if there were any further questions or comments. There being none, on a motion by Mr. Gold, seconded by Ms. Garlinghouse, the Board voted and the meeting was adjourned at approximately 11:09 A.M.
Elizabeth A. Hunt