TOWN OF HEMPSTEAD INDUSTRIAL DEVELOPMENT AGENCY
BOARD MEETING, AUGUST 26, 2009.
OLD COURTHOUSE, 350 FRONT STREET, HEMPSTEAD

AGENDA:  Executive Director’s Report, Update on Data and Cost Benefit Analysis as prepared by Tom Conoscenti, Consideration of an Amended Resolution for Tom Conoscenti, Consideration of Resolutions for attendance at the LIBDC Annual Meeting in Montauk, Discussion of Agency’s Fee Schedule, Consideration of a Consent for the Jackson Terrace 100 Regulatory, Authority Budget Office Training Session.  Consideration and Adoption of the Minutes of July 22, 2009, Treasurer’s Report, and Committee Updates.

Those in attendance: 	Ted Sasso, Chairman
Paul Conte, Vice Chairman
Jonathan Kohan, Treasurer
Ari Brown, Member
Pat Mezeul, Member
Dan Grodotzke, Member
			
Also in attendance:	John E. Ryan, Agency Counsel 
William F. Weir, Nixon Peabody
Frederick E. Parola, Executive Director/CEO
Edie M. Longo, Deputy Executive Director/CFO
			Arlyn Eames, Deputy Agency Administrator
			Gene Turner, Consultant
			
Absent:		Al D’Agostino, Member
			Lorraine Rhoads, Agency Administrator

The meeting was called to order at 10:10 a.m.

Executive Director’s Report: The Board was furnished a copy of the Executive Director’s Report.  Fred Parola updated the Board on the status of pending projects. 

Cost Benefit Analysis:  Fred Parola updated the Board on the continuing work being done by Tom Conoscenti on the Data and Cost Benefit Analysis and Impact Statement.

Tom Conoscenti:  Pat Mezeul made a motion to adopt an Amended Resolution for payment to Tom Conoscenti for his work on the Data and Cost Benefit Analysis and Impact Statement.  This motion was seconded by Ari Brown.  All were in favor.  Motion carried.  

LIBDC:  Jonathan Kohan made a motion to adopt two Resolutions for the attendance and participation at the LIBDC Annual Meeting Gurney’s in Montauk, September 30 – October 2, 2009, and to authorize payment to the LIBDC for Registration, and Gurney’s Inn for accommodations for an amount not to exceed $800 per attendee.  This motion was seconded by Pat Mezeul.  All were in favor.  Motion carried.  

Agency Fee Schedule:  The Board briefly discussed amending the Agency Fee Schedule to reflect a slight increase in the fee.*

Jackson Terrace Regulatory Agreement:  This item was tabled until the September 23, 2009 Board Meeting.

Authority Budget Office Governance Training Session:  Ted Sasso made a motion to adopt a Resolution for Pat Mezeul to attend the Authority Budget Office Governance Training Session on September 30, 2009.  This motion was seconded by Paul Conte.  All were in favor.  Motion carried.  

Minutes:  Ted Sasso made a motion to adopt the Minutes of July 22, 2009.  This motion was seconded by Paul Conte.  All were in favor.  Motion carried.  

Committee Updates:  The Governance Committee will meet prior to the regular Board Meeting on September 23, 2009.  The Advertising and Audit Committees will meet after the regular Board meeting on September 23, 2009.

New Bank Signatories:  Pat Mezeul made a motion to adopt a bank resolution authorizing new signatories for the IDA.  This motion was seconded by Ari Brown.  All were in favor.  Motion carried.  

With all business concluded, Pat Mezeul made a motion to close the meeting at 10:38 a.m.  This motion was seconded by Jonathan Kohan.  All were in favor.  Motion carried.

________________________________________
Al D’Agostino, Secretary 
August 26, 2009

*This agenda item was forwarded to the Governance Committee for consideration and recommendations to the full Board in September.