Sullivan County Funding Corporation
One Cablevision Center
Ferndale, New York 12734
(845) 295-2603 – telephone
(845) 295-2604 – fax
SPECIAL MEETING MINUTES
Tuesday, October 14, 2014
I. CALL TO ORDER
Chairman Steingart called to order the special meeting of the Sullivan County Funding Corporation at approximately 10:43 A.M., held in the Legislative Hearing Room at the Sullivan County Government Center, Monticello, New York.
II. ROLL CALL
Members Present- Members Absent-
Ira Steingart Sandy Shaddock
Edward Sykes Suzanne Loughlin
Sean Rieber Carol Roig
Charles Barbuti
Steve White
Howard Siegel
Staff Present- Staff Absent-
Jennifer C.S. Brylinski, Exec. Dir. None
Jen Flad, VP
Others Present-
Allan Scott, CEO, ALSCO Management Inc.
Walter Garigliano, Garigliano Law Offices
Tara Lewis, Garigliano Law Offices
Jill Weyer, SC Planning Division
Star Hesse
Ken Walter
Dan Hust, SC Democrat
Not all attendees were present for the entire meeting.
III. APPROVAL OF MEETING MINUTES
On a motion made by Mr. Sykes and seconded by Mr. Barbuti, the Board voted and unanimously approved the minutes of the September 30, 2014 special meeting.
IV. BILLS AND COMMUNICATIONS
None.
V. NEW BUSINESS
Ms. Brylinski advised that the SCFC is required by law to pass its 2015 budget during October. Board members received the draft budget via e-mail. A public hearing was held on October 10th and no comments were received. Attorney Garigliano asked how much cash SCFC has on hand, and Ms. Flad replied that the current balance is approximately $562,000. Mr. Sykes made a motion to approve the budget, and the motion was seconded by Mr. Siegel. The Board voted and the motion was unanimously approved.
Mr. White made a motion to make a $100,000 loan to the IDA, to ease any cash flow issues. Mr. Rieber seconded the motion, the Board voted and the motion was unanimously approved.
There was a brief discussion of dissemination of agenda packets. Currently the information is sent via e-mail. Ms. Flad will work with the Board members to set up Dropbox accounts, and the Board will determine which method they prefer.
VI. ADJOURNMENT
Chairman Steingart asked the Board and those present if there were any questions or comments. There being none, on a motion by Mr. White, seconded by Ms. Sykes, the Board voted and the meeting was adjourned at approximately 10:51 A.M.
Respectfully submitted:
Jen Flad
VP, Business Development
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