BOARD OF DIRECTORS MEETING
County of Chautauqua Industrial Development Agency
BWB Building
201 West Third St., Jamestown, NY 14701
August 5, 2019
12:15 p.m.
Michael Metzger Chairman
Gary Henry Secretary
Steven Thorpe Member
Mark Odell Member
Brad Walters Member
Also in attendance:
Mark Geise CCIDA CEO
Rich Dixon CCIDA CFO
Rosemarie Strandburg CCIDA Staff
Greg Peterson Counsel
Dean Weaver Stannard Properties LLC
Drew Weaver Stannard Properties LLC
Absent Board Member(s): Hans Auer, Dennis Rak, Kelly Farrell-DuBois
Meeting was called to order by Mike Metzger, Chairman, at 12:15 p.m.
Mike Metzger
I would like to call to order the County of Chautauqua Industrial Development Agency Special Board of Directors Meeting to order. We are at the BWB Building at 201 West Third St., Jamestown, NY. It is August 5th, 2019 and the time is 12:15 p.m. Roll call. Let the record show we have 5 members in attendance. We have quorum. We will now move to New Business. Gary can you please move New Business A.
Gary Henry
05-05-19-01 Resolution Amending Resolution 05-28-19-06 for Stannard Properties LLC.
Mark Odell
Second Mr. Chairman,
Mike Metzger
Motion made by Gary and seconded by Mark. Discussion please.
Rich Dixon
Reviewed loan that was passed prior month. Explained that appraisal came in less than expected and that CCIDA will need to increase loan amount with Altech and CRLF and partner with STEDO and WRC to bridge the gap, with no additional changes.
Mike Metzger
Are there any further questions of Rich or Dean. Hearing none, I will call for a Roll Call Vote.
Board
Aye – Unanimous.
Mike Metzger
Let the record that there are 5 votes in the affirmative. Motion carried unanimously. Mark can you please move New Business B.
Mark Odell
08-05-19-02 Resolution for CRLF Loan for Stannard Properties LLC.
Steve Thorpe
Second.
Mike Metzger
Motion made by Mark and seconded by Steve. Any discussion? Hearing none, I will call for a Roll Call Vote.
Board
Aye – Unanimous.
Mike Metzger
Let the record show there are 5 votes in the affirmative. Motion carried unanimously. We will now move to approve the meeting minutes from June 25th, 2019.
Mark Odell
So moved Mr. Chairman.
Brad Walters
Second.
Mike Metzger
Motion made by Mark and seconded by Brad. All those in favor?
Board
Aye – Unanimous.
Mike Metzger
Any other business to come before the Board? Hearing none. Meeting is adjourned.
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Meeting adjourned at 12:24 p.m.
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(Assistant) Secretary (Vice) Chairman
