BOARD OF DIRECTORS MEETING
County of Chautauqua Industrial Development Agency
200 Harrison Street, Jamestown, NY
September 21, 2015
10:00 a.m.
Dennis Rak Vice-Chair
Hans Auer Treasurer
Cory Duckworth Member
Kelly Farrell DuBois Member
Brad Walters Member
David Bryant Member
Also in attendance:
Kevin Sanvidge Adm. Director/CEO
Rich Dixon CFO
Michelle Turner VP of Marketing
Mark Geise Deputy Director PED
Don McCord Deputy Director PED
Greg Peterson Counsel
Carol Rasmussen CCIDA Staff
Lawrie Taylor CCIDA Staff
Kristine Morabito CCIDA Staff
Sue Casel CCIDA Staff
Chris Pryblo Pryblo Consulting, LLC
Jim Dentinger McGuire Development Co.
Terry O’Laughlin Tedesco Construction
Jason Sample WRFA Radio
Absent Board Member(s): George Borrello, Kim Peterson, and Mike Metzger
Dennis Rak
I will now call the County of Chautauqua Industrial Development Agency (CCIDA) Board of Director’s meeting to order. Today is September 21st, 2015 (10:05a.m.).
I will now have roll call.
Cory Duckworth – Here, Kelly Farrell DuBois – Here, Brad Walters – Here, David Bryant – Here, Hans Auer – Here, and Dennis Rak – Here. We have a quorum and will begin the meeting.
I would like a motion to accept the August 18th, 2015, minutes.
Hans Auer
So moved.
Kelly Farrell DuBois
Second.
Dennis Rak
Any discussion? Hearing none – All in favor indicate by saying Aye.
Board Members
Ayes all around – The minutes are accepted.
Hans, the first resolution, please.
Hans Auer
Resolution 09-21-15-01
Resolution of the County of Chautauqua Industrial Development Agency Pursuant to the State Environmental Quality Review Act Concerning the Determination of Significance for Suit-Kote Corporation.
David Bryant
Second
Carol Rasmussen
A brief description of Resolutions A & B was given.
Dennis Rak
If there is no further discussion, I will take a roll call vote.
Cory Duckworth – Aye, Kelly Farrell DuBois – Aye, Brad Walters – Aye, David Bryant – Aye, Hans Auer – Aye, and Dennis Rak – Aye.
The resolution is passed.
Kelly, the next resolution, please.
Kelly Farrell DuBois
Resolution 09-21-15-02
Resolution Taking Official Action Toward and Approving the Straight Lease Documents for Suit-Kote Corporation.
Brad Walters
Second.
Dennis Rak
If there is no discussion, I will take a roll call vote.
Cory Duckworth – Aye, Kelly Farrell DuBois – Aye, Brad Walters – Aye, David Bryant – Aye, Hans Auer – Aye, and Dennis Rak – Aye.
The resolution is passed. David, the next Resolution, please.
David Bryant
Resolution 09-21-15-03
Resolution Authorizing an AL Tech Loan for $207,000 to Nulife Glass NY, Inc.
Cory Duckworth
Second.
Lawrie Taylor
Gave an overview of the resolution. There was general discussion among the Board.
Dennis Rak
If there is no further discussion, I will take a roll call vote.
Cory Duckworth – Aye, Kelly Farrell DuBois – Aye, Brad Walters – Aye, David Bryant – Aye, Hans Auer – Aye, and Dennis Rak – Aye.
The resolution is passed. We will present Resolution D after Executive Session discussion.
Cory, resolution E, please.
Cory Duckworth
Resolution 09-21-15-05
Resolution of the Board of Directors of the County of Chautauqua Industrial Development Agency to Approve Modification of PILOT Documents for SKF USA Inc.
David Bryant
Second.
Greg Peterson
Discussed Resolutions D & F.
Jim Dentinger
Spoke briefly about the project.
Noted that the McGuire Group enjoys partnering with the CCIDA and looks forward to working with us on future projects.
Dennis Rak
If there is no further discussion, I will take a roll call vote.
Cory Duckworth – Aye, Kelly Farrell DuBois – Aye, Brad Walters – Aye, David Bryant – Aye, Hans Auer – Aye, and Dennis Rak – Aye.
The resolution is passed. Brad, the next Resolution, please.
Brad Walters
Resolution 09-21-15-06
Resolution of the Board of Directors of the County of Chautauqua Industrial Development Agency to (I) Approve the Execution of a Mortgage and Security Agreement and Assignment of Rents and Leases with Respect to Northwest Savings Bank, (II) Approve Release of Corporate and Personal Guarantees and Release of Liability and (III) Approve Modifications to Existing CCIDA Mortgage.
Hans
Second
Dennis Rak
If there is no further discussion, I will take a roll call vote.
Cory Duckworth – Aye, Kelly Farrell DuBois – Aye, Brad Walters – Aye, David Bryant – Aye, Hans Auer – Aye, and Dennis Rak – Aye.
I would now like to move for a motion to go in to executive session to discuss the financial and credit history of certain companies and personnel matters.
Cory Duckworth
I so move.
David Bryant
I second.
Dennis Rak
All those in favor.
Board
Ayes all around. We are now in Executive Session.
Executive Session begins at 10:30 a.m.
Executive Session ends at 11:02 a.m.
Dennis Rak
We are now in regular session.
Hans, Resolution D please.
Hans Auer
Resolution 09-21-15-04.
Amended and Restated Resolution Taking Preliminary Action Toward and Acquisition and Straight Leasing of a Certain Project for 26 East Talcott, LLC, and Authorizing the Execution and Delivery of a Preliminary Agreement with the applicant with Respect to Such Transaction.
David Bryant
Second.
Kristine Morabito
Briefly discussed the resolution.
Dennis Rak
If there is no further discussion, I will take a roll call vote.
Cory Duckworth – Aye, Kelly Farrell DuBois – Aye, Brad Walters – Aye, David Bryant – Aye, Hans Auer – Aye, and Dennis Rak – Aye.
The Resolution is passed. Rich – the Treasurer’s Report please.
Rich Dixon
An overview of the Treasurer’s Report was given.
Dennis Rak
Are there any questions? Hearing none, may I have a motion to accept the Treasurer’s Report?
Brad Walters
So moved.
Kelly Farrell DuBois
Second.
Dennis Rak
All in favor – Ayes all around. The Treasurer’s Report is accepted.
Is there any other business to come before the Board? Hearing none, may I have a motion to adjourn?
Hans Auer
So moved.
Brad Walters
Second.
Dennis Rak
All those in favor – Ayes all around.
This meeting is adjourned. Meeting adjourned at 11:07 a.m.
