TOWN OF HEMPSTEAD INDUSTRIAL DEVELOPMENT AGENCY
BOARD MEETING
DECEMBER 18, 2013, 11:00 a.m.
Old Courthouse, 2nd Floor, 350 Front Street, Hempstead

Agenda: Presentation and Consideration of an Inducement for D & F Development/Hewlett Harbor Point LLC, 11:00 a.m., Consideration of a Ratifying and Confirming Resolution for EAS Equipment Lease, Executive Directors Report, Discussion and Update CBW Hotel, Discussion PILOT Agreements/Tax Bills for Dentaco and Magna Care, Consideration of a Resolution to renew the Agency’s LIBDC Membership for 2014, Consideration of a Resolution to renew the agency’s Membership with the NYSEDC for 2014, Consideration of a Resolution for Board Members and Staff to attend LIBDC meetings in 2014, Update Circulo de la Hispanidad, Update and Discussion NEFCU and Zomick’s non payments, Discussion IEAH, Consideration and Adoption of the Minutes of November 113, 2013, Treasurer’s Report, Consideration of a Contract with Sheehan and Company for Accounting Services in 2014 and the Audit for 2013, Consideration of a Contract with Bluetooth Creative for the 2014 Advertising Campaign, Committee Updates

Those in attendance: 	Ted Sasso, Chairman
			Jonathan Kohan, Treasurer
			Ari Brown, Secretary
			Danny Grodotzke, Member
Richard Bianculli, Member
Ray Maguire, 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
			Lorraine Rhoads, Agency Administrator
                                    	Arlyn Eames, Deputy Financial Officer
			Michael Lodato, Deputy Agency Administrator                        
Gene Turner, Consultant
Cheryl Petri, Office of the Supervisor

Excused:		Paul Conte, Vice Chairman
								
The meeting was called to order at 11:15 a.m. 

D & F Development/Hewlett Harbor Point LLC:  Daniel Deegan, Esq. (Forchelli, Deegan, Curto, Schwartz, Mineo, Terrana), made a presentation on behalf of his client, D and F Development, for an affordable housing project, to be located at 94-158 Gibson Blvd, Valley Stream.  The proposed project is in a blighted area. The Applicant plans to construct a 58,700 square foot, four-story building with 19 one-bedroom and 20 two-bedroom units, which will include 78 on-site parking spaces. D & F Development is seeking a 20 year PILOT Agreement (dependent upon gross shelter rents), Sales Tax Exemption for the construction and Mortgage Recording Tax Exemption.  Ari Brown made a motion to induce this project. This motion was seconded by Jonathan Kohan.  All were in favor.  Motion carried.

Ray Maguire arrived at the meeting at 11:30 a.m.

EAS Equipment Lease:  Ted Sasso made a motion to authorize a resolution ratifying and confirming an equipment lease for EAS Inc., a subsidiary of Emergency Ambulance Services Inc., located at 30 Commercial Street, in the Village of Freeport.  This motion was seconded by Jonathan Kohan.  All were in favor.  Motion carried.

Executive Directors Report:  The Board was furnished with a copy of the Executive Director’s Report.  Fred Parola updated the Board on several new inquiries not listed on the report.

CBW Hotel: John Ryan advised the Board that the lawsuit is proceeding, but that there was no updated information available at this time.

Dentaco and Magna Care - PILOT Agreements/Tax Bills:  This item was for discussion purposes only.  No action was taken.

LIBDC Membership 2014:  Ted Sasso made a motion to authorize payment to the Long Island Business Development Council to renew the Agency’s annual membership for 2014, in an amount not to exceed $600.00.  This motion was seconded by Ray Maguire.  All were in favor.  Motion carried.

NYSEDC Membership 2014:  Ted Sasso made a motion to authorize payment to the New York State Economic Development Council to renew the Agency’s annual membership for 2014, in an amount not to exceed $1250.00.  This motion was seconded by Jonathan Kohan.  All were in favor.  Motion carried.

LIBDC Meeting Attendance 2013: Ted Sasso made a motion to authorize payment to the Long Island Business Development Council for IDA Board members and staff to attend LIBDC meetings in 2014, in an amount not to exceed $70.00 per person, per meeting.  This motion was seconded by Danny Grodotzke.  All were in favor.  Motion carried.

Circulo de la Hispanidad:  Bill Weir advised that there was no new information to report regarding this project. 

NEFCU:  Edie Longo advised the Board that NEFCU still has not paid their termination fee of $500.00

Zomick’s:  Edie Longo advised the Board that Zomick’s Food Products paid their termination fee of $500.00 in November.

IEAH:  John Ryan briefed the Board on the recent purchase of the property by Cornell.  In view of same, litigation proposed will be deferred.

Minutes:  Ray Maguire made a motion to adopt the Minutes of November 13, 2013. This motion was seconded by Jonathan Kohan.  All were in favor.  Motion carried.

Report of the Treasurer:  The Board was furnished with copies of the Financial Statements and Expenditure List for November 7, 2013 – December 11, 2013.  The Treasurer stated that all was in good order.

Sheehan and Company:  Ted Sasso made a motion to renew the Agency’s contract with Sheehan and Company for all accounting services for 2014 and the audit for 2013, in an amount not to exceed $24,250.00.  This motion was seconded by Ari Brown.  All were in favor.  Motion carried.
 
Bluetooth Creative:  Rich Bianculli made a motion to renew the Agency’s contract with Bluetooth Creative for the 2014 advertising and marketing campaign, in an amount not to 
exceed $80,000.00.  This motion was seconded by Ari Brown.  All were in favor.  Motion carried.
 
Committee Updates:  There were no committee updates.

Executive Session:  Ted Sasso made a motion to go into Executive Session at 11:55 a.m. to discuss a matter of potential litigation.  This motion was seconded by Jonathan Kohan.  All were in favor.  Motion carried.  Ari Brown made a motion to come out of Executive Session at 12:00 p.m.  This motion was seconded by Rich Bianculli.  All were in favor.  Motion carried.  No action was taken.

With all business concluded, Rich Bianculli made a motion to close the meeting at 12:10 p.m..  This motion was seconded by Ray Maguire.  All were in favor.  Motion carried.

_______________________________________
Ari Brown, Secretary
January 23, 2014

TOWN OF HEMPSTEAD INDUSTRIAL DEVELOPMENT AGENCY
LUNCHEON MEETING
DECEMBER 18, 2013, 12:30 pm.
600 Old Country Road, Garden City

Agenda: Completion of the Board Members Confidential Evaluations, Consideration and Adoption of 2014 Meeting Schedule, Consideration of a Banking Resolution for Citibank Money Market Account

Those in attendance: 	Ted Sasso, Chairman
			Paul Conte, Vice Chairman
			Jonathan Kohan, Treasurer
			Ari Brown, Secretary
Danny Grodotzke, Member
Ray Maguire, Member

Also in attendance:	John E. Ryan, Agency Counsel 
William F. Weir, Nixon Peabody
Barry Carrigan, Nixon Peabody
Frederick E. Parola, Executive Director/CEO 
			Arlyn Eames, Deputy Financial Officer
			Michael Lodato, Deputy Agency Administrator                        
Gene Turner, Consultant

Excused:		Richard Bianculli, Member
			Edie M. Longo, Deputy Executive Director/CFO
Lorraine Rhoads, Agency Administrator
Cheryl Petri, Office of the Supervisor
									
The meeting was called to order at 1:00 p.m.  

Board Member Evaluations: Board members were asked to submit their annual confidential evaluations of the Agency.

2014 Meeting Schedule: Ted Sasso made a motion to adopt the 2014 Meeting Schedule. This motion was seconded by Danny Grodotzke.  All were in favor.  Motion carried.

Citibank Money Market Account: Ted Sasso made a motion to approve the resolution, as amended by the Treasurer, to open a Citibank money market account.  This motion was seconded by Paul Conte.  All were in favor.  Motion carried.

With all business concluded, Ari Brown made a motion to adjourn the meeting at 1:03 p.m.. This motion was seconded by Danny Grodotzke.  All were in favor.  Motion carried.

_______________________________________
Ted Sasso, Chairman
January 23, 2014