COUNTY OF SULLIVAN INDUSTRIAL DEVELOPMENT AGENCY
One Cablevision Center
Ferndale, New York 12734
(845) 295-2603 – telephone
(845) 295-2604 – fax
SPECIAL MEETING MINUTES
Friday, October 24, 2014
I. CALL TO ORDER
Chairman Steingart called to order the special meeting of the County of Sullivan Industrial Development Agency at approximately 10:01 am, held in the Legislative Hearing Room at the Sullivan County Government Center, Monticello, New York.
II. ROLL CALL
Members Present- Members Absent-
Ira Steingart Sandy Shaddock
Steve White Charlie Barbuti
Staff Present- Staff Absent-
Jen Flad, VP Business Devt. Jennifer C.S. Brylinski, Exec. Dir.
Allan C. Scott, Agency CEO
Walter F. Garigliano, Esq., Agency Legal Counsel
Tara Lewis, Garigliano Law Offices
III. NEW BUSINESS
Chairman Steingart described the resolution before the Board today, regarding the transfer of ownership of the Liberty Storage LLC project to Canopy Liberty LLC. Attorney Garigliano continued that the Agency charges a consent fee whenever a project is transferred from one beneficial owner to another. The amount of the fee is generally based on the annual rent charged by the Agency, and has ranged from zero to five times the annual rent, depending on the financial circumstances of the project. In this case, the annual rent is $2,500. Following some Board discussion, Mr. Rieber made a motion to set the consent fee at two times the annual rent, or $5,000. Mr. White seconded the motion, the Board voted and the motion was unanimously approved.
Mr. Rieber made a motion to approve the resolution. Mr. Siegel seconded the motion, the Board voted and the resolution was unanimously approved.
Chairman Steingart requested a motion to enter Executive Session to discuss a personnel matter.
Mr. Rieber made a motion to enter Executive Session. Mr. Siegel seconded the motion, the Board voted and entered Executive Session at 10:06 am.
On a motion by Mr. Siegel, seconded by Mr. Rieber, the Board came out of Executive Session at 10:56 am.
CEO Allan Scott advised the Board that effective October 31, 2014, he will resign from his position as Agency CEO. Chairman Steingart asked if Mr. Scott would consider staying on as a consultant until December 31, 2014, when his contract expires. He replied that he would be happy to do so, to assist with the transition to a new CEO.
Mr. Siegel inquired as to the Board’s thoughts on hiring a new CEO. Chairman Steingart replied that Mr. Scott’s successor must have Agency experience, and recommended that the Board name Mr. White as the new CEO.
Following some discussion, Mr. Rieber made a motion to accept Mr. Scott’s resignation as CEO effective October 31, and to authorize the Agency to continue his consulting contract through December 31 to assist with the transition to a new CEO. Ms. Loughlin seconded the motion, the Board voted and the motion was unanimously approved.
Mr. Rieber made a motion to accept Chairman Steingart’s recommendation that Mr. White be named new Agency CEO, and to authorize Chairman Steingart to execute an agreement, to be negotiated by the personnel committee, with Mr. White, effective November 1. Mr. Siegel seconded the motion, the Board voted and the motion was unanimously approved.
Mr. Siegel thanked Mr. Scott for his service, and stated his support for the Agency’s plan to bring Mr. White on as the new CEO. Board members echoed these sentiments.
On a motion made by Mr. White and seconded by Ms. Loughlin, at approximately 11:01 am the meeting was adjourned.
IDA VP, Business Development