BOARD OF DIRECTORS MEETING
County of Chautauqua Industrial Development Agency
CCIDA
200 Harrison Street, Jamestown, NY
May 28, 2013
10:00 a.m.
Michael Metzger Chairman
David Bryant Member
Hans Auer Member
Fred Croscut Member
Hans Auer Member
Kim Peterson Member
Also in attendance:
William Daly Administrative Director/CEO
Rich Dixon CCIDA Chief Financial Officer
Greg Peterson Counsel
Jonathan Taber Counsel
Carol Rasmussen CCIDA Staff
Lawrie Taylor CCIDA Staff
Susan Casel CCIDA Staff
Kristine Morabito CCIDA Staff
Val Thor CCIDA Staff
Liz Skoczylas The Post-Journal
Absent Board Member(s): Doreen Sixbey, Greg DeCinque, and Dennis Rak
Michael Metzger
I will now call the County of Chautauqua Industrial Development Agency (CCIDA) Board of Director’s meeting to order. Today is May 28, 2013 (10:020 a.m.) This meeting is being held at CCIDA, 200 Harrison Street, Jamestown, NY.
I will now have roll call.
David Bryant – Here, Kim Peterson – Here, Fred Croscut – Here, Hans Auer – Here, and Michael Metzger – Here. We have a quorum and will begin the meeting.
We are now in regular session. I would like a motion to accept the April 16, 2013, minutes.
Kim Peterson
So moved.
Fred Croscut
Second.
Michael Metzger
All in favor indicate by saying Aye.
Board Members
Aye
Michael Metzger
The minutes are passed.
We will now have a Deviation Hearing.
Deviation Hearing
Deviation Hearing – regarding Dunkirk Metal Products of WNY, LLC.– started 10:04 am; ended 10:05 am
Discussed the Public Hearing that was held on May 9, 2013, 2:00 pm, in the Town of Sheridan.
No one was present regarding the deviation, and there were no written comments.
Michael Metzger
I would now like to move for a motion to conduct an executive session to discuss the financial and credit history of certain companies and the potential acquisition and lease of real property by the Agency.
Fred Croscut
I so move.
Doreen Sixbey
I second.
Michael Metzger
All those in favor.
Board
Ayes all around.
We are now in Executive Session.
Executive Session begins at 10:06 a.m.
Executive Session ends at 10:35 a.m.
We are now back in Regular Session.
Michael Metzger
Kim, the first resolution please.
Kim Peterson
Resolution 05-28-13-01
Resolution of the County of Chautauqua Industrial Development Agency Pursuant to the State Environmental Quality Review Act Concerning the Determination of Significance for the saturn petcare Project.
Fred Croscut
Second.
Rich Dixon
An overview of the first two Resolutions was given.
Michael Metzger
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Kim Peterson – Aye, Fred Croscut – Aye, Hans Auer – Aye, and Michael Metzger – Aye.
The resolution is passed. David, the next Resolution.
David Bryant
Resolution 05-28-13-02
Resolution taking official action toward and approving the acquisition and straight leasing of certain project for saturn petcare inc.
Kim Peterson
Second
Michael Metzger
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Kim Peterson – Aye, Fred Croscut – Aye, Hans Auer – Aye, and Michael Metzger – Aye.
The resolution is passed. Hans, the next Resolution.
Hans Auer
Resolution 05-28-13-03
Resolution of the County of Chautauqua Industrial Development Agency Pursuant to the State Environmental Quality Review Act Concerning the Determination of Significance for Dunkirk Metal Prodcts of WNY, LLC, the granting of Certain Financial Assistance in Connection with the Company’s Acquisition.
Kim Peterson
Second
Kristine Morabito
Gave a brief description of the Resolution.
Michael Metzger
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Kim Peterson – Aye, Fred Croscut – Aye, Hans Auer – Aye, and Michael Metzger – Aye.
The resolution is passed. Fred, the next Resolution.
Fred Croscut
Resolution 05-28-13-04
Resolution authorizing a certain straight lease transaction for Dunkirk Metal Products of WNY, LLC.
David Bryant
Second
Kristine Morabito
Discussed the Public Hearing that was held for this project. There were no negative comments. An overview of the Resolution was given.
Michael Metzger
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Kim Peterson – Aye, Fred Croscut – Aye, Hans Auer – Aye, and Michael Metzger – Aye.
The resolution is passed. David, the next Resolution.
Kim Peterson
Resolution 05-28-13-05
Resolution Authorizing Assignment of Lease with Dunkirk Metal Products of WNY, LLC.
David Bryant
Second
Greg Peterson
Noted that this particular Resolution 05-28-13-05 encapsulates both this Resolution and Resolution 05-28-13-06 – therefore, Resolution Number 05-28-13-06 was withdrawn.
Briefly discussed the Resolution.
Michael Metzger
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Kim Peterson – Aye, Fred Croscut – Aye, Hans Auer – Aye, and Michael Metzger – Aye.
The resolution is passed. David, the next Resolution.
David Bryant
Resolution 05-28-13-07
Resolution of the Board of Directors of County of Chautauqua Industrial Development Agency Authorizing Subordination of Mortgages Regarding Jamestown MVP Project.
Rich Dixon
Discussed the subornation agreement with Jamestown MVP.
Kim Peterson
Second
Michael Metzger
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Kim Peterson – Aye, Fred Croscut – Aye, Hans Auer – Aye, and Michael Metzger – Aye.
The resolution is passed. Hans, the next Resolution.
Hans Auer
Resolution 05-28-13-08
Preliminary Resolution for a Certain Project for Gren Ventures, LLC.
Fred Croscut
Second
Carol Rasmussen
Briefly discussed the Gren Ventures project.
Michael Metzger
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Kim Peterson – Aye, Fred Croscut – Aye, Hans Auer – Aye, and Michael Metzger – Aye.
The resolution is passed. Fred, the next Resolution.
Fred Croscut
Resolution 05-28-13-09
Revised Resolution 01-15-13-06 Authorizing and AL Tech Loan for Rae Foods, Inc.
Hans Auer
Second
Kristine Morabito
Gave an overview of the Resolution for Rae Foods, Inc.
Michael Metzger
If there is no further discussion, I will take a roll call vote.
David Bryant – Aye, Kim Peterson – Aye, Fred Croscut – Aye, Hans Auer – Aye, and Michael Metzger – Aye.
Rich, the Treasurers Report.
Rich Dixon
Gave an overview of the balance sheet.
Michael Metzger
Thank you – if there are no questions, may I have a motion to accept the Treasurers report?
Fred Croscut
I so move.
David Bryant
Second.
Michael Metzger
All in favor.
Ayes all around.
The Treasurer’s report is accepted.
Is there any Old Business to come before the Board?
Bill Daly
Briefly discussed the NYSEDC Annual meeting that he attended.
General discussion among the Board regarding IDA regulations pertaining to tax exemption for projects.
Michael Metzger
If there is nothing else, may I have a motion to adjourn?
David Bryant
So moved
Kim Peterson
Second
Michael Metzger
All in favor indicate by saying Aye.
Board Members
Aye
Michael Metzger
This meeting is adjourned. Meeting adjourned at 11:26 a.m.
