ST LAWRENCE CO IDA LOCAL DEVELOPMENT CORPORATION
MINUTES OF MEETING – April 28, 2011
CALL TO ORDER: Chairman Brian Staples called to order a meeting of the St. Lawrence County
Industrial Development Agency Local Development Corporation at 9:22 AM at the Best Western,
Canton.
Blevins .........................
LaBaff ..........................
Peck..............................
Weekes.........................
Present
Present
Present
Present
ROLL CALL:
Hall............................
McMahon ..................
Staples .......................
Present
Present
Present
Others: IDALDC Staff Ray Fountain, Natalie Sweatland, Kim Gilbert, Rich Williams and Patrick Kelly;
Edmund J. Russell, III, Esq., Agency Counsel.
PUBLIC NOTICE: Public notifications sent April 28, 2011 to, at a minimum: St. Lawrence County’s
newspapers designated for the publication of local laws and other matters required by law to be published;
additional local media sources and websites.
PUBLIC COMMENT: None
MINUTES: Peck/Weekes motion to accept the minutes of the March 24, 2011 meeting. Accepted.
FINANCIAL REPORTS – February and March 2011: Mrs. Gilbert reviews the reports’ operating
revenue and expenses. No questions or comments from the Board. Reports accepted and filed for audit.
REPORT OF COMMITTEE: None
STAFF REPORT: None
OLD BUSINESS: None
NEW BUSINESS:
Resolution: Approving the Undertakings of the SLRVRA: LaBaff/Weekes motion. Mr. Kelly explains
that, as part of its Strategic Plan, the SLRVRA allocated funds for property and site development. Lots
18 and 19 at the Massena Industrial Park are currently being held by a real estate company out of New
York City. We have had discussions with them for over a year and at its April meeting the SLRVRA
authorized offering the owner $700,000 for both buildings. This offer was accepted by the real estate
company and is being brought to the IDALDC for affirmation. Each building is 20,000 square ft. It is
anticipated that the tenant lease in one of the buildings currently in place will be transferred. This
resolution approves the SLRVRA’s undertakings and authorizes the Corporation to purchase the two
buildings for $700,000. Resolution approved with unanimous vote.
EXECUTIVE SESSION: None
ADJOURNMENT: LaBaff/Hall motion to adjourn at 11:02 AM.
/s/
Mr. Lynn Blevins, Secretary