BOARD OF DIRECTORS MEETING
County of Chautauqua Industrial Development Agency
200 Harrison Street, Jamestown, NY
February 18, 2014
10:00 a.m.
Dennis Rak Vice-Chairman
George Borrello Member
Doreen Sixbey Member
David Bryant Member
Cory Duckworth Member
Also in attendance:
William Daly Administrative Director/CEO
Rich Dixon CCIDA Chief Financial Officer
William Evans Counsel
Carol Rasmussen CCIDA Staff
Kristine Morabito CCIDA Staff
Lawrie Taylor CCIDA Staff
Susan Casel CCIDA Staff
Katherine Atkins The Post Journal
Absent Board Member(s): Hans Auer, Kim Peterson and Michael Metzger
Dennis Rak
I will now call the County of Chautauqua Industrial Development Agency (CCIDA) Board of Director’s meeting to order. Today is February 18, 2014 (10:09 am). This meeting is being held at CCIDA, 200 Harrison Street, Jamestown, NY.
I will now have roll call.
Dennis Rak – Here, David Bryant – Here, Doreen Sixbey – Here, George Borrello – Here, and Cory Duckworth – Here, we have a quorum and will begin the meeting.
We are now in regular session. I would like a motion to accept the January 21, 2014, minutes.
David Bryant
So moved.
Doreen Sixbey
Second.
Dennis Rak
All in favor indicate by saying Aye.
Board Members
Aye
Dennis Rak
The minutes are approved.
David, please read the first Resolution.
David Bryant
Resolution 02-18-14-01
Resolution Authorizing an AL Tech Loan for Reverie Cheese and Food Inc.
Doreen Sixbey
Second.
Carol Rasmussen
An overview of the project was presented.
Dennis Rak
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Doreen Sixbey – Aye, George Borrello – Aye, Cory Duckworth – Aye, and Dennis Rak – Aye. Let the record show there were five votes in the affirmative. The resolution is passed.
George, the next Resolution.
George Borrello
Resolution 02-18-14-02
Preliminary Resolution for a certain Project for Chadwick Bay Marina Holdings, Inc.
Doreen Sixbey
Second
Kristine Morabito
Gave a description of the project and handed out a computer generated illustration of the development.
Dennis Rak
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Doreen Sixbey – Aye, George Borrello – Aye, Cory Duckworth – Aye, and Dennis Rak – Aye. Let the record show there were five votes in the affirmative. The resolution is passed.
Cory, the next Resolution.
Cory Duckworth
Resolution 02-18-14-03
Resolutions of the Board of Directors of County of Chautauqua Industrial Development Agency to sell former Maplevale Site,Town of Clymer, NY.
Doreen Sixbey
Second
Bill Daly
Detailed the CCIDA’s purchase of the Maplevale site. An RFP was mailed out along with signage and posting in the paper. A selection was made immediately. Heil Trucking will be moving in to the building as soon as possible.
Dennis Rak
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Doreen Sixbey – Aye, George Borrello – Aye, Cory Duckworth – Aye, and Dennis Rak – Aye. Let the record show there were five votes in the affirmative. The resolution is passed.
Rich, the Treasurer’s Report
Rich Dixon
There is no Treasurer’s Report. A review of the Audit Committee meeting was given along with highlights of the Audit. The Audit will be presented at next month’s meeting.
Dennis Rak
Thank you.
I would now like to move for a motion to conduct an executive session to discuss the financial and credit history of certain companies.
George Borrello
I so move.
Doreen Sixbey
I second.
Dennis Rak
All those in favor.
Board
Ayes all around.
We are now in Executive Session.
Executive Session begins at 10:52 a.m.
Executive Session ends at 11:31 a.m.
We are now in Regular Session.
Dennis Rak
The motion is approved.
Is there any Old Business to come before the Board?
If there is nothing else, may I have a motion to adjourn?
David Bryant
So moved
Doreen Sixbey
Second
Dennis Rak
All in favor indicate by saying Aye.
Board Members
Aye
Dennis Rak
This meeting is adjourned. Meeting adjourned at 11:40 a.m.
