Town of Hempstead IDA
Audit Committee Minutes
March 24, 2015

Members Present:  , Ari Brown-Chairman, Theodore Sasso, Dan Grodotzke, John Ryan,                          
                                  Fred Parola & Lorraine Rhoads

Members Excused:   John Ryan

Ari Brown called the meeting to order at 8:40 am.

One of the items on the agenda was the adoption of the IDA 2014 Annual Financial Report, as compiled by our auditors Sheehan & Company.   The members had an opportunity to review the report previously.  Frederick Parola made a motion to accept the 2014 Financial Report and it was seconded by  Mr. Dan Grodotzke. All approved and the motion carried.

The other item on the agenda was the adoption of the IDA 2014 Audited Financials, as compiled by our auditors Sheehan & Company.  Again, the members had an opportunity to review the financials previously.  Dan Grodotzke made a motion to accept the 2014 IDA Financials and it was seconded by Lorraine Rhoads..  All approved and the motion carried.

A motion was made by Frederick Parola to close the meeting and Ari Brown seconded it.  All approved and Mr. Brown closed the meeting at 8:45a.m.

					
						_________________________________________
                                                                                      Lorraine Rhoads, Agency Administrator &
                                                                        Committee Member
3/24/15