ST LAWRENCE CO. IDA CIVIC DEVELOPMENT CORPORATION
MINUTES OF MEETING – October 26, 2010
CALL TO ORDER: Chairman Brian W. Staples called to order a meeting of the St. Lawrence County
Industrial Development Agency Civic Development Corporation at 10:10 AM at the Best Western,
Canton, New York.
ROLL CALL:
Blevins .........................
LaBaff ..........................
Peck..............................
Weekes.........................
Absent
Present
Present
Present
Hall............................
McMahon ..................
Staples .......................
Present
Present
Present
Others: IDACDC Staff Ray Fountain, Patrick Kelly, Rich Williams, Kim Gilbert, Brian Norton, Leigh
Rodriguez and Natalie Sweatland; Agency Counsel William R. Small, Esq.
MINUTES: LaBaff/Hall move to accept the minutes of the September 22, 2010 meeting. Accepted.
PUBLIC NOTICE: Public notifications sent October 15, 2010 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
FINANCIAL REPORT: LaBaff/Weekes move to accept the August 2010 and September 2010 financial
reports. Accepted and filed for audit.
REPORTS OF COMMITTEES: Audit/Finance Committee Chairman Andy McMahon reports that the
Committee met to review bids for Audit Services for the years 2010 and 2011. One bid was received for
2010 and 2011 ($3,100 and $3,300, respectively) and is being recommended by the Committee.
STAFF REPORT: None
OLD BUSINESS: None
NEW BUSINESS:
 Resolution: Adopting a Policy Regarding Corporation Project/Bond Fees: LaBaff/Hall. Mr. Fountain
explains that the staff considered utilizing a timesheet/chargeback system to be billed to the CDC at
closing; however such a system would not cover staff time spent on the project after the bond closing.
Transferring 50% of the bond project fee to the IDA would ensure provision of staff and
administrative services on CDC projects. Unanimous.
 Resolution: Adopting 2010 Budget: Weekes/LaBaff.
No further discussion or comments.
Unanimous.
 Resolution: Adopting 2011 Budget: Weekes/Peck. No further discussion or comments. Unanimous.
 Resolution: Authorizing a Two-Year Audit Services Contract: McMahon/Weekes. Mr. Fountain
notes that a two-year term will bring this contractor in line with the other audit services contracts.
Unanimous.
EXECUTIVE SESSION: None
ADJOURNMENT: Adjourned at 10:12 AM by unanimous consent.
/s/
Mr. Lynn Blevins, Secretary