Frank S. Venezia

Chairman

Joseph P. Richardson

Vice Chairman

Tim McCann

Secretary

Victoria Storrs

Assistant Secretary

Sandra Shapard

Member

Tim Maniccia

Member

David Kidera

Member

 

TOWN OF BETHLEHEM

Albany County - New York

INDUSTRIAL DEVELOPMENT AGENCY

445 DELAWARE AVENUE

DELMAR, NEW YORK 12054

Telephone:  (518) 439-4955

Fax:  (518) 439-5808

Email:  info@bethlehemida.com

www.bethlehemida.com

 

Regular Meeting Minutes

Friday, November 17, 2017

8:00 AM

Town Hall Auditorium

Thomas P. Connolly

Executive Director,

Assistant Secretary and

Agency Counsel

518-447-3303

     Allen F. Maikels

Treasurer, Chief Financial Officer and Contracting Officer

518-487-4679

Elizabeth Staubach

Economic Development Coordinator

Ext. 1189

     Robin Nagengast

Assistant to the Executive Director and Clerk

Ext. 1164

 

I.                     Call to Order/Roll Call/Quorom Determination

A Regular Meeting of the Bethlehem Industrial Development Agency of the Town of Bethlehem was held on the above date at the Town Hall Auditorium, 445 Delaware Avenue, Delmar, NY. The Meeting was called to order at 8:03 AM with the presence of a quorum noted.

Attendee Name

Title

Status

Arrived

Frank S. Venezia

Board Member/Chairman

Absent

 

Joseph P. Richardson

Board Member/Vice Chairman

Present

 

Tim McCann

Board Member/Secretary

Present

 

Victoria Storrs

Board Member/Assistant Secretary

Absent

 

Sandra Shapard

Board Member

Present

 

Tim Maniccia

Board Member

Present

 

David Kidera

Board Member

Present

 

Thomas P. Connolly

Executive Director/Agency Counsel

Present

 

Joe Scott

Bond Counsel

Present

 

Allen F. Maikels

CFO and Contracting Officer

Present

 

Robin Nagengast

Assistant to the Executive Director

Present

 

Elizabeth Staubach

Senior Planner/ED Coordinator

Absent

 

Robert Leslie

Director of Planning

Present

 

II.              Minutes Approval

1. Friday, September 22, 2017

RESULT:              ACCEPTED [UNANIMOUS]

MOVER:              Sandra Shapard, Board Member

SECONDER:              Tim Maniccia, Board Member

AYES:              Richardson, McCann, Shapard, Maniccia, Kidera

ABSENT:              Frank S. Venezia, Victoria Storrs

·         Special Meeting Thursday October 12, 2017

Motion To:              Motion

RESULT:              APPROVED [UNANIMOUS]

MOVER:              Tim Maniccia, Board Member

SECONDER:              David Kidera, Board Member

AYES:              Richardson, McCann, Shapard, Maniccia, Kidera

ABSENT:              Frank S. Venezia, Victoria Storrs

 

 

III.              Reports of Committees

There were no committee reports.

IV.              Communications

There are no new communications.

V.              Old Business

·         Planning Board Update (Leslie)

Delaware Avenue Complete Streets Draft Study and the Draft Open Space Implementation Plan will be available on the town website and before the December Town Board for adoption.

·         Report of ED Coordinator (Leslie)

The latest Economic Development Newsletter had a 41% open rate compared to the industry average of 22%.

There are still $22,000 in Microenterprise Grant funds available. A new application will be submitted to New York State for the next round in May. Chairman Venezia is presenting at the December Town Board.

·         Columbia 15 Project (Connolly)

The developer advises there is no change.

·         SAE Sun (Monolith) Project (Michael Hickey)

A mortgage commitment from Pioneer Bank is anticipated for a March 2018 construction start. Updates to the IDA documents will be considered after a commitment letter is received.

·         Air Products Project (Connolly/Scott)

Project documents are under review.

·         11 Vista/CPI Berk III & IV/Modification (Scott)

Modification documents have been executed.

·         10 Vista/Retail/Termination (Scott)

Termination documents are being verified.

·         1220 New Scotland Rd/ARCH SCBTHNY02 Termination (Scott)

Finalized documents are expected next week.

VI.              New Business

·         Financial Statements 10/30/17 (Maikels)

Mr. Maikels reported the October 2017 financials.

·         Administrative Services Contract 2018/Resolution (Connolly)

Upon motion by Ms. Shapard, seconded by Mr. Maniccia, the Agency approved the 2018 Administrative Services Agreement  with the Town and the 2018 Schedule 'A' with all members present in approval.

RESULT:              APPROVED [UNANIMOUS]

MOVER:              Sandra Shapard, Board Member

SECONDER:              Tim Maniccia, Board Member

AYES:              Richardson, McCann, Shapard, Maniccia, Kidera

ABSENT:              Frank S. Venezia, Victoria Storrs

·         Auditor Discussion

Cusack & Company is no longer auditing for the Town of Bethlehem. During a brief time where it was thought Cusack & Company was no longer auditing for the Bethlehem IDA, the new town auditor started work on spec and invoiced the Agency. Agency members agreed the invoice wasn't justified. The Audit Committee will meet.

·         Regular Meeting - Friday, December 15, 2017 8:00 a.m. Auditorium

VII.              Adjournment

Motion To:              Adjourn

RESULT:              ADJOURN [UNANIMOUS]

MOVER:              Tim Maniccia, Board Member

SECONDER:              Tim McCann, Board Member/Secretary

AYES:              Richardson, McCann, Shapard, Maniccia, Kidera

ABSENT:              Frank S. Venezia, Victoria Storrs

 

 

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