COUNTY OF SULLIVAN INDUSTRIAL DEVELOPMENT AGENCY
One Cablevision Center
Ferndale, New York 12734
(845) 295-2603 – telephone
(845) 295-2604 – fax
Tuesday, August 28, 2012
I. CALL TO ORDER
Chairman Steingart called to order the reconvened meeting of the County of Sullivan Industrial Development Agency at approximately 10:02 A.M., which was held in the Legislative Hearing Room at the Sullivan County Government Center, Monticello, New York.
II. ROLL CALL
Members Present- Members Absent-
Ira Steingart Suzanne Loughlin
Harold Gold Sandy Shaddock
Charles Barbuti Steve White
Staff Present- Staff Absent-
Jennifer C.S. Brylinski, Exec. Dir.
Elizabeth A. Hunt, Exec. Assistant
Walter F. Garigliano, Esq., Agency Legal Counsel
Tara Lewis, Garigliano Law Offices
Dan Hust, Sullivan County Democrat
Cindy Garlinghouse, Sullivan County Resident
III. APPROVAL OF MINUTES
IV. BILLS AND COMMUNICATIONS
Mr. Gold made a motion to approve the schedule of payments, the motion was seconded by Mr. Barbuti, the Board voted and the motion was unanimously carried. Ms. Hunt advised Chairman Stiengart that there were no checks to sign because the two insurance bills listed on the Schedule of Payments will be paid on-line.
V. EXECUTIVE DIRECTORS’ REPORTS
VI. OLD BUSINESS
Ms. Brylinski advised the Board that the Holiday Mountain/Dormitory Authority State of New York (“DASNY”) project is being coordinated by Tom Shepstone on behalf of Holiday Mountain. Ms. Brylinski read to the Board an e-mail received by Mr. Shepstone that gave some background on the project and the SEQR. Mr. Shepstone explained in his e-mail, among other things, that the SEQR is being conducted on the planning and development of the infrastructure of the project, as required by DASNY. The IDA is the applicant but strictly in a conduit sense. The Board unanimously declared itself Lead Agency in an uncoordinated review. Ms. Brylinski then asked the Board if they had reviewed the questions and answers of the SEQR. The Board concurred. On a motion by Mr. Sykes, seconded by Mr. Gold, the Board unanimously voted a negative declaration on the SEQR.
VII. NEW BUSINESS
Mr. Garigliano passed out to the Board a resolution authorizing and approving a RMAP loan to David Appel and Donalette Appel (“Appel”) in an amount not to exceed $50,000. He reminded the Board that they have a small retail produce store in Rock Hill which they will be naming The Krispy Apple. Appel currently has a Revolving Loan with the IDA in the amount of $25,000 (“2011 Loan”). He went on to say that the RMAP Loan Committee has approved the application and has recommended approval of the loan, on the condition that the 2011 Loan and the new loan request be consolidated into a single RMAP loan (not to exceed $50,000). Additionally, all advances under the loan shall be based on a project budget to be approved prior to the loan closing by the RMAP Loan Committee and further, all advances from the loan proceeds be based on requisitions. The IDA will hold a second mortgage position as security for the loan. Mr. Rieber spoke to the Board briefly regarding the façade of the project. On a motion by Mr. Sykes, seconded by Mr. Gold, the Board voted and the resolution was unanimously approved.
Mr. Garigliano spoke to the Board regarding a RMAP applicant, Catskill Harvest located in the Town of Liberty. They have made an application for $50,000 for air conditioning and a point of sales inventory system for their food market and garden center. Ms. Brylinski is still waiting for information from them but is processing the application. Mr. Garigliano suggested to the Board that after the review and possible approval by the RMAP Loan Committee, that Catskill Harvest be the final loan approved for the third quarter. He reminded the Board that RMAP loan draw downs are one request per calendar quarter. The Board agreed.
Mr. Alport commented that he would like to see loan applicants attend the IDA meetings.
Chairman Steingart questioned the Board and those present if there were any further questions or comments. There being none, on a motion by Mr. Barbuti, seconded by Mr. Alport the Board voted and the meeting was adjourned at approximately 10:27 A.M.