County of Chautauqua Industrial Development Agency (CCIDA)
200 Harrison Street, Jamestown, NY
February 2, 2015
CCIDA Staff Present:
Kevin Sanvidge, Adm. Director/CEO
Richard Dixon, CFO
Sue Casel, Adm. Assistant
Committee Members Present:
Dave DiTanna, BWB
Kyle Burch, BWB
Nathan Opferbeck, BWB
Meeting was called to order at 9:08 a.m.
Dave DiTanna said there weren’t any auditing changes from the State that would affect us.
Kyle Burch gave an overview of BWB’s auditing process utilizing a Power Point handout.
There was discussion regarding changing the amount on checks needing two signatures from $500 to $2,500.
Two forbearance loans were mentioned: Buffalo Street Partners & Kiebler.
Major events this year included:
$2,000,000 Bond Closing
Sale of Clymer Property
Sale of Dunkirk Metal Products/ CRLF Loan paid off
200 Harrison Street – new tenants & National Wire moving out & Marketing building to sell or lease
It was pointed out that NRG made full PILOT payments this year. The Arkwright Wind Project is picking up again.
Staff was excused – Auditors met with Audit Committee.
Audit Committee to meet March 2nd, 2015
Audit Presentation at March 17th, 2015 Board Meeting