BOARD OF DIRECTORS MEETING
Chautauqua County Capital Resource Corporation
CRC
Fredonia Technology Incubator
214 Central Ave, Dunkirk, NY
June 25, 2019
11:00 a.m.
Mike Metzger Chairman
Dennis Rak Vice Chairman
Gary Henry Secretary
Mark Odell Member
Steven Thorpe Member
Also in attendance:
Mark Geise CCIDA CEO
Rich Dixon CCIDA CFO
George Cregg Special Counsel
Carol Rasmussen CCIDA Staff
Rosemarie Strandburg CCIDA Staff
Mary Heyl Observer
Tammy Thompson Breathe Life of WNY
Absent Board Member(s): brad Walters, Hans Auer & Kelly Farrell DuBois
Meeting was called to order by Mike Metzger, Chairman, at 11:00 a.m.
Mike Metzger
I would like to call to order the Capital Resource Corporation Board of Directors Meeting; at the Fredonia Technology Incubator at 214 Central Ave., Dunkirk, NY. Today is June 25, 2019 and it is 11:00am. Roll call. Let the record show there are 5 members present, we have quorum. I would like to entertain a motion to approve the May 28, 2019 minutes.
Gary Henry
So moved.
Mark Odell
Second.
Mike Metzger
Motion made by Gary and seconded by Mark. Any discussion, changes, comments? Hearing none, all those in favor?
Board
Aye – Unanimous.
Mike Metzger
Opposed, abstained, motion carried unanimously. Mark if I could please have you move New Business A.
Mark Odell
06-25-19-05 Bond Resolution – Dunkirk Power LLC.
Dennis Rak
Second.
Mike Metzger
Motion made by Mark and seconded by Dennis. George if you could please reiterate.
George Cregg
Advised that the resolution is proposing to delegate to the staff, the power to determine the details of the proposed bond resolution and to execute all documents to effectuate the proposed bond resolution. Gave history on original project for the power plant.
Mike Metzger
Any other questions of George? Hearing none, roll call vote please.
Board
Aye – Unanimous.
Mike Metzger
Let the record show there are 5 votes in the affirmative, motion carried unanimously. Any old business? I will entertain a motion to adjourn.
Steven Thorpe
So moved.
Dennis Rak
Second.
Mike Metzger
Motion made by Steve and seconded by Dennis.
Meeting adjourned at 11:09 a.m.
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(vice) Secretary (vice) Chairman
