Chautauqua Region Economic Development Corporation (CREDC)
Zoom Video Conference
April 28, 2020
Michael Metzger Chairman
Dennis J. Rak Vice Chairman
Gary Henry Secretary
Steven Thorpe Member
Mark Odell Member
Brad Walters Member
Hans Auer Member
Kelly Farrell-DuBois Member
Also in attendance:
Mark Geise Administrative Director/CEO
Richard E. Dixon Chief Financial Officer
Milan K. Tyler, Esq. Counsel
Greg Peterson Counsel
Carol Rasmussen IDA Staff
Kristine Morabito IDA Staff
Linda Burns IDA Staff
Kayla Strandburg IDA Staff
Rosie Strandburg IDA Staff
Jeanette Lo Bello IDA Staff
Nathan Aldrich CREDC/PEG Staff
Absent Board Member(s):
Jay Churchill & Dennis Rak
Meeting was called to order by Michael Metzger, Chairman, at 10:51 a.m.
I would like to call to order the Chautauqua Region Economic Development Corporation Board of Directors Meeting. We are on Zoom Conference. It is April 28th, 2020 and it is 10:51 a.m. We do have quorum. Roll call. Let the record show there are 7 members present. I would not like to entertain a motion to approve the February 25th, 20202 minutes, which you previously received.
So moved Mr. Chairman.
Motion made by Hans and seconded by Mark. Any discussion, changes or comments? All those in favor?
Aye – Unanimous.
Opposed, abstained? Motion carried unanimously. We will now move to New Business. Carol why dot you present and then we will ask for a motion.
We have 2 resolutions. The first is an authorizing resolution between CREDC and the Town of Ellicott. The Town of Ellicott has approved has approved for the Arktura Project to apply for an OCR Grant. They are federal funds and they have approved that Arktura will get $750,000. This will help them along with their project. This will be used at $134,000 term loan and $600,000 in deferred loan. $16,000 remaining is for administrative cost. The 2nd resolutions has to do with contract of service for H.Sicherman and Company to hire them to do the administration of the grant. Are there any questions?
Milan, any comments or clarification?
We haven’t closed the Arktura Straight Lease yet but I expect that to be done at the same time.
Thank you. Let me entertain a motion to approve New Business A. 1.”. Steve?
04-28-20-03 Authorizing Agreement between CREDC & the Town of Ellicott.
Motion made by Steve. Do I have a second?
Second Mr. Chairman.
Motion made by Steve and seconded by Mark. Any further discussion. Earing none. Roll call vote please.
Let the record show we have 7 votes in the affirmative, motion carried unanimously. Gary if you could please motion New Business “B”?
04-28-20-04 Contract the Services of H. Sicherman & Company.
Motion made my Gary, do I have a second?
Motion made by Gary and seconded by Brad. Any further discussion? Hearing none, roll call vote please.
Let the record show there are 7 votes in the affirmative, motion carried unanimously. Any old business to come before the Board?
Meeting adjourned at 10:51 a.m.
(Assistant) Secretary (Vice) Chairman