Resolution: Approving Transfer of HVADC to SCFC

    RESOLUTION

     

                The regular meeting of County of Sullivan Industrial Development Agency (“Agency”) was convened in public session at the Sullivan County Government Center, 100 North Street, Village of Monticello, Sullivan County, New York 12701 on February 14, 2012 at 10:00 a.m. local time.

     

                The meeting was called to order by Chairman Ira Steingart, and, upon roll being called, the following members of the Agency were:

     

                                                                PRESENT                   ABSENT

     

                Ira Steingart                            [           ]                       [           ]

                Harold Gold                            [           ]                       [           ]

                Raymond Walter                     [           ]                       [           ]

                Edward T. Sykes                    [           ]                       [           ]

                Charles Barbuti, Jr.                 [           ]                       [           ]

                Harris Alport                           [           ]                       [           ]

                Suzanne Loughlin                   [           ]                       [           ]

                Cindy L. Garlinghouse           [           ]                       [           ]

                Steve White                            [           ]                       [           ]

     

                The following persons were also present:

                Allan C. Scott, Chief Executive Officer       

                Jennifer C.S. Brylinski, Agency Executive Director

                Elizabeth A. Hunt, Agency Executive Assistant       

                Walter F. Garigliano, Esq., Agency Counsel

                The following resolution was duly offered by ____________________________, and seconded by ___________________________ to wit:

     

                                                               Resolution No. ___ – 12

     

    RESOLUTION AUTHORIZING AND APPROVING THE TRANSFER OF THE OVERSIGHT AND FUNDING OF THE HUDSON VALLEY AGRIBUSINESS DEVELOPMENT CORPORATION (“HVADC”) FROM THE AGENCY TO THE SULLIVAN COUNTY FUNDING CORPORATION (“SCFC”)

     

                WHEREAS, the Agency was created by Chapter 560 of the Laws of 1970 of the State of New York, as amended, pursuant to Title I of Article 18-A of the General Municipal Law of the State ofNew York (collectively, the “Act”) as a body corporate and politic and as a public benefit corporation of the State ofNew York; and

     

                WHEREAS, by resolution # 13-11, dated June 14, 2011, the Agency was approved to pay HVADC $25,000.00 Dollars to HVADC and to earmark $50,000.00 from the Millennium Grant proceeds to pay $25,000.00 to HVADC on or about July 1, 2012 and $25,000.00 on or about July 1, 2013 subject to separate authorization of the Agency following review of annual reports of HVADC; and

     

                WHEREAS, by resolution # 29-11, dated December 13, 2011, the Agency transferred its Millennium Revolving Loan Fund (“MRLF”) to SCFC; and

     

                WHEREAS, the Agency wishes to transfer the responsibility of funding and overseeing the contract with HVADC to SCFC.

     

                NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE AGENCY AS FOLLOWS:

     

    Section 1.        SCFC shall fund and oversee HVADC contract for services.

     

    Section 2.        The officers, employees and agents of the Agency are hereby authorized and directed for and in the name and on behalf of the Agency to do all acts and things required and to execute and deliver all such certificates, instruments, documents, and to pay all such fees, charges and expenses and to do all such further acts and things as may be necessary or in the opinion of the officer, employee or agent acting on behalf of the Agency desirable and proper to effect the purposes of the foregoing resolution and to cause compliance by the Agency with all the terms, covenants and provisions of the documents for and on behalf of the Agency.

     

    Section 3.       These resolutions shall take effect immediately.

     

                The question of adoption of the foregoing resolution was duly put to a vote on roll call, which resulted as follows:

                Ira Steingart                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Harold Gold                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain     

                Raymond Walter                     [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Edward T. Sykes                    [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Charles Barbuti, Jr.                 [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Harris Alport                           [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Suzanne Loughlin                   [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Cindy L. Garlinghouse           [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Steve White                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                The resolutions were thereupon duly adopted.

     

     

    STATE OFNEW YORK       :

                                                    :SS

    COUNTYOFSULLIVAN   :

     

                I, the undersigned Secretary (Assistant) of the Agency DO HEREBY CERTIFY THAT:

     

    1.         I have compared the foregoing copy of a resolution of the Agency with the original thereof on file in the office of the Agency, and that the same is a true and correct copy of such resolution and of the proceedings of the Agency in connection with such matter.

     

    2.         Such resolution was passed at a meeting of the Agency duly convened in public session on the 14th day of February, 2012 at 10:00 a.m. at theSullivanCountyGovernmentCenter,100 North Street,Village of Monticello,New York12701, at which the following members were present:

     

                                                                PRESENT                   ABSENT

     

                Ira Steingart                            [           ]                       [           ]

                Harold Gold                            [           ]                       [           ]

                Raymond Walter                     [           ]                       [           ]

                Edward T. Sykes                    [           ]                       [           ]

                Charles Barbuti, Jr.                 [           ]                       [           ]

                Harris Alport                           [           ]                       [           ]

                Suzanne Loughlin                   [           ]                       [           ]

                Cindy L. Garlinghouse           [           ]                       [           ]

                Steve White                            [           ]                       [           ]

     

    3.         The question of the adoption of the foregoing resolution was duly put to a vote on roll call which resulted as follows:

                Ira Steingart                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Harold Gold                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain     

                Raymond Walter                     [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Edward T. Sykes                    [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Charles Barbuti, Jr.                 [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Harris Alport                           [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Suzanne Loughlin                   [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Cindy L. Garlinghouse           [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

                Steve White                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

     

                and therefore, the resolution was declared duly adopted.

     

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                I FURTHER CERTIFY that (i) all members of the Agency had due notice of said meeting, (ii) pursuant to Sections 103a and 104 of the Public Officers Law (Open Meetings Law), said meeting was open to the general public and public notice of the time and place of said meeting was duly given in accordance with such Sections 103a and 104, (iii) the meeting in all respects was duly held, and (iv) there was a quorum present throughout. 

     

                IN WITNESS WHEREOF, I have hereunto set my hand and seal on the 14th day of February, 2012.

     

     

                                                                                                                                                                                                                                                    ____________________________________

                                                                                                                                                Secretary

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

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