April 26, 2016 CCIDA Board Minutes

Mike Metzger                              Chairman
Kim Peterson                              Member
David Bryant                              Member
George Borrello                          Member
Hans Auer                                  Member

Also in attendance:

Kevin Sanvidge                          Adm. Director/CEO
Rich Dixon                                 CFO
Don McCord                               Deputy Director PED
Michelle Turner                          VP of Marketing
Greg Peterson                             Counsel
George Cregg                              Bond             Counsel
Carol Rasmussen                        CCIDA Staff
Lawrie Taylor                             CCIDA Staff
Kristine Morabito                        CCIDA Staff
Nicole Gugino                            Dunkirk Observer
Aaron Resnick                            Westfield Development Corporation

Absent Board Member(s):  Dennis Rak, Cory Duckworth, Kelly Farrell DuBois, and Brad Walters

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 SUNY Fredonia Incubator, 214 Central Avenue, Dunkirk, NY.   Today is April 26th, 2016 (10:10 a.m.).

I will now have roll call.

David Bryant – Here, George Borrello – Here, Kim Peterson – Here, Hans Auer – Here (via video conference), and Mike Metzger – Here.

We have a quorum and will begin the meeting.

I would like a motion to accept the March 22, 2016, minutes.

David Bryant

So moved.

George Borrello

Second.

Mike Metzger

Any discussion?  Hearing none – All in favor indicate by saying Aye.
Board Members

Ayes all around – The minutes are accepted.

Kim, Resolution A, please.

Kim Peterson

Resolution 04-26-16-01

Resolution Authorizing the Execution by County of Chautauqua Industrial Development Agency of Certain Amendments to the Bond Documents Related to the JCC Development Corp. Project.

George Borrello

Second.

George Cregg

An overview of the resolution was given.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

The Resolution is passed.  David, Resolution B, please.

David Bryant

Resolution 04-26-16-02

Resolution Authorizing an AL Tech Loan for Jamestown Rental Properties LLC.

Kim Peterson

Second.

Carol Rasmussen

Briefly discussed Resolutions B & C.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

The Resolution is passed.  George, Resolution C, please.

George Borrello

Resolution 04-26-16-03

Resolution Authorizing a CRLF Loan for Jamestown Rental Properties LLC.
Kim Peterson

Second

Mike Metzger

If there is no further discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

The Resolution is passed.  Kim, Resolution D, please.

Kim Peterson

Resolution 04-26-16-04

Revised Resolution in Regards to Heavy Press and Tool, Inc. Purchase.

David Bryant

Second.

Carol Rasmussen

Gave an overview of the resolution.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

The Resolution is passed.  David, Resolution E, please.

David Bryant

Resolution 04-26-16-05

Resolution of the board of Directors of the County of Chautauqua Industrial Development Agency (“AGENCY”) to Approve to a Consent to Sublease Between S. Howes (“S. HOWES”) and a Kentucky LLC TBD (“CARRIER”)

Kim Peterson

Second.

Greg Peterson

Briefly discussed the resolution.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

The Resolution is passed.  George, Resolution G, please.
George Borrello

Resolution Number 04-26-16-07

Resolution of the County of Chautauqua Industrial Development Agency Pursuant to the State Environmental Quality Review Act Concerning the Determination of Significance for Original Crunch Roll Factory, LLC.

David Bryant

Second.

Aaron Resnick

Expressed his support for this business and thanked CCIDA for their help and support.

Kristine Morabito

Briefly discussed resolutions G & H.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

The Resolution is passed. Kim, Resolution H, please.

Kim Peterson

Resolution Number 04-26-16-08

Resolution Taking Official Action Toward and Approving the Straight Lease Documents for Original Crunch Roll Factory, LLC.

David Bryant

Second.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – 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.

George Borrello

I second.
Mike Metzger

All those in favor.

Board

Ayes all around.  We are now in Executive Session.

Executive Session begins at 10:30 a.m.

Mike Metzger

We are now in regular session.

Kim, Resolution I, please.

Kim Peterson

Resolution Number 04-26-16-09

Resolution of the Board of Directors of County of Chautauqua Industrial Development Agency to Purchase Property at Lake Shore Drive, Dunkirk, NY, from DLDC Real Property, LLC and City of Dunkirk

George Borrello

Second.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

The Resolution is passed.

The Resolution is passed.  David, Resolution J, please.

David Bryant

Resolution Number 04-26-16-10

Resolution of the Board of Directors of County of Chautauqua Industrial Development Agency Authorizing the Assignment of a Contract for Sale Between DLDC Real Property, LLC and City of Dunkirk (“Seller”) to CCIDA (Purchaser”) to Pier, LLC or Entity to be Formed (Assignee).

Kim Peterson

Second.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

The Resolution is passed. George, Resolution F, please.

George Borrello

Resolution Number 04-26-16-06

Resolution Authorizing an AL Tech Loan for Chadwick Bay Marina LLC and Pier LLC.

David Bryant

Second.

Kristine Morabito

Gave an overview of the resolution.

Mike Metzger

If there is no discussion, I will take a roll call vote.

David Bryant – Aye, George Borrello – Aye, Kim Peterson – Aye, Hans Auer – Aye,  and Mike Metzger – Aye.

Is there anything more to come before the Board?  If not, may I have a motion to adjourn?

Kim Peterson

So moved.

George Borrello

Second.

Mike Metzger

All those in favor – Ayes all around.

This meeting is adjourned.  Meeting adjourned at 10:59 a.m.