October 14, 2014 Special Meeting Minutes

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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