COUNTY OF SULLIVAN INDUSTRIAL DEVELOPMENT AGENCY
One Cablevision Center
Ferndale, New York 12734
(845) 295-2603 – telephone
(845) 295-2604 – fax
RECONVENED MEETING MINUTES
Friday, September 18, 2015
I. CALL TO ORDER
Chairman Steingart called to order the reconvened meeting of the County of Sullivan Industrial Development Agency at approximately 3:00 pm, in the Legislative Committee Room at the Sullivan County Government Center, Monticello, New York. This reconvenes a meeting of the IDA that was recessed at 11:30 am on Monday, September 14, 2015.
II. ROLL CALL
Members Present- Members Absent-
Ira Steingart Suzanne Loughlin
Staff Present- Staff Absent-
Jennifer C.S. Brylinski, Exec. Director Jen Flad, VP Business
Jeanne McKean, Project Manager Development
Steve White, Agency CEO
Walter F. Garigliano, Esq., Agency Legal Counsel
Tara Lewis, Garigliano Law Offices
George Duke, Esq., Brown Shalow Duke and Fogel, P.C., Counsel for Empire Resorts
Charles Degliomini, Executive VP of Empire Resorts
Abhay Jain, Veria Lifestyle Project Manager
Andrew Beam, Times Herald-Record
Ken Walter, County Resident
III. OLD BUSINESS
Chairman Steingart stated that the approval for the signatory wording needed for the Jeff Bank had been resolved and no further action of the Board was required.
Chairman Steingart gave a brief overview of the benefits of the Montreign project. This overview included mention of the increased property tax that will be generated by the project, the impact of new construction jobs and new employees, the increased buying power that will come from the payroll the facility will create, the economic spin off the project will produce, and the new room taxes generated. Chairman Steingart recapped that the reason for the approval today was for an increase in the project scope for an enhanced project. Mr. Siegel concurred with Chairman Steingart and stated that the ingenuity that the project is using will make it more profitable and sustainable in the future. The extra dollars spent will invigorate the industry and make it world class.
There being no further discussion regarding the approval of the enhanced Montreign project, Chairman Steingart made a motion to approve the resolution. Mr. Guenther seconded the motion, the Board voted and the motion was unanimously approved.
Mr. Barbuti made a motion to approve the Veria Lifestyle Phase II Construction project resolution. All pertinent documents having been sent to the Board previously and there being no discussion, Mr. Sykes seconded the motion, the Board voted and the motion was unanimously approved.
Mr. Barbuti made a motion to approve the Partnership for Economic Development Third Quarter payment resolution. All applicable documents having been sent to the Board previously and there being no discussion, Mr. Guenther seconded the motion, the Board voted and the motion was unanimously approved.
Mr. Degliomini thanked the IDA for all their help in making this project a reality. Mr. Jain also thanked the IDA for their assistance and stated that they may have other projects in the future for Sullivan County.
IV. PUBLIC COMMENT AND ADJOURNMENT
Chairman Steingart asked the Board and others present for public comment.
There being no further comment by the Board, Mr. Walter stated that the Board should be careful when giving away sales tax abatements.
There being no other public comment, on a motion by Mr. Barbuti and seconded by Mr. Rieber, the meeting was adjourned at approximately 3:20 pm.
Jennifer CS Brylinski