Town of Hempstead IDA
Audit Committee Minutes
March 27, 2014

Members Present:  Theodore Sasso, Dan Grodotzke, John Ryan,                          
                               Fred Parola & Lorraine Rhoads

Members Excused: Ari Brown

Theodore Sasso called the meeting to order at 8:45 am.

One of the items on the agenda was the adoption of the IDA 2013 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 2013 Financial Report and it was seconded by  Mr. Theodore Sasso. All approved and the motion carried.

The other item on the agenda was the adoption of the IDA 2013 Audited Financials, as compiled by our auditors Sheehan & Company.  Again, the members had an opportunity to review the financials previously.  Frederick Parola made a motion to accept the 2013 IDA Financials and it was seconded by Dan Grodotzke.  All approved and the motion carried.

A motion was made by Theodore Sasso to close the meeting and Dan Grodotzke seconded it.  All approved and Mr. Sasso closed the meeting at 8:50a.m.

					
						_________________________________________
                                                                                      Lorraine Rhoads, Agency Administrator &
                                                                        Committee Member
3/27/14