BOARD OF DIRECTORS MEETING
County of Chautauqua Industrial Development Agency
200 Harrison Street, Jamestown, NY
January 26, 2016
10:00 a.m.
Mike Metzger Chairman
Hans Auer Treasurer
Kim Peterson Secretary
Kelly Farrell DuBois Member
David Bryant Member
Brad Walters Member
Also in attendance:
Kevin Sanvidge Adm. Director/CEO
Rich Dixon CFO
Michelle Turner VP of Marketing
Greg Peterson Counsel
Carol Rasmussen CCIDA Staff
Lawrie Taylor CCIDA Staff
Sue Casel CCIDA Staff
Jimmy McCarthy Post-Journal
Absent Board Member(s): George Borrello, Dennis Rak, and Cory Duckworth
Mike Metzger
I will now call the County of Chautauqua Industrial Development Agency (CCIDA) Board of Director’s meeting to order. We are meeting at CCIDA, 200 Harrison Street, Jamestown, NY. Today is January 26th, 2016 (10:02 a.m.).
I will now have roll call.
Kelly Farrell DuBois – Here, Kim Peterson – Here, Hans Auer – Here, Brad Walters – Here, and David Bryant – Here (arrived 10:06 am), and Mike Metzger – Here. We have a quorum and will begin the meeting.
I would like a motion to accept the December 15, 2015, minutes.
Kim Peterson
So moved.
Kelly Farrell DuBois
Second.
Mike Metzger
Any discussion? Hearing none – All in favor indicate by saying Aye.
Board Members
Ayes all around – The minutes are accepted. Hans, Resolution A, please.
Han Auer
Resolution 1-26-16-01
Resolution Authorizing an AL Tech Loan for the Purchase of Heavy Press and Tool, Inc.
Kim Peterson
Second
Carol Rasmussen
Gave an overview of Resolutions A.
Mike Metzger
If there is no further discussion, I will take a roll call vote.
Kelly Farrell DuBois – Aye, David Bryant – Aye, Kim Peterson – Aye, Hans Auer – Aye, Brad Walters – Aye, and Mike Metzger – Aye.
The Resolution is passed.
I would now like to move for a motion to go in to executive session to discuss the financial and credit history of certain companies and personnel matters.
Kim Peterson
I so move.
Hans Auer
I second.
Mike Metzger
All those in favor.
Board
Ayes all around. We are now in Executive Session.
Executive Session begins at 10:10 a.m.
Executive Session ends at 10:48 a.m.
Mike Metzger
We are now in regular session. Kim, Resolution B, please.
Kim Peterson
Resolution 1-26-16-02
Resolution of the Board of Directors of the County of Chautauqua Industrial Development Agency to Enter into a 10 Year Lease with 201 West Third Street, LLC.
Brad Walters
Second.
Mike Metzger
If there is no discussion, I will take a roll call vote.
Kelly Farrell DuBois – Aye, David Bryant – Aye, Kim Peterson – Aye, Hans Auer – Aye, Brad Walters – Aye, and Mike Metzger – Aye.
The Resolution is passed. Rich – the Treasurer’s Report please.
Rich Dixon
An overview of the Treasurer’s Report was given.
Mike Metzger
Are there any questions? Hearing none, may I have a motion to accept the Treasurer’s Report?
Kim Peterson
So moved.
Kelly Farrell DuBois
Second.
Mike Metzger
All in favor – Ayes all around. The Treasurer’s Report is accepted. Is there anything more to come before the Board? If not, may I have a motion to adjourn?
Hans Auer
So moved.
Kim Peterson
Second.
Mike Metzger
All those in favor – Ayes all around.
This meeting is adjourned. Meeting adjourned at 11:05 a.m.