ST. LAWRENCE COUNTY INDUSTRIAL DEVELOPMENT AGENCY
MINUTES OF MEETING
June 24, 2010
CALL TO ORDER: Chairman Brian Staples called to order the Annual Meeting of the St. Lawrence
County Industrial Development Agency at 9:05 AM at McCarthy’s Restaurant, Canton.
ROLL CALL:
Blevins
LaBaff
Staples
Present
Present
Present
Hall
McMahon
Weekes
Present
Absent
Present
Others: IDA Staff Ray Fountain, Patrick Kelly, Rich Williams, Kimberly Gilbert & Natalie Sweatland;
Agency Counsel William R. Small, Esq.
MINUTES: LaBaff/Weekes move to accept the minutes of the May 12, 2010 meeting.
PUBLIC NOTICE: Public notifications sent June 10, 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: April and May 2010 – Weekes/Hall move to accept. Filed for audit.
COMMITTEE REPORT: Nominating Committee Chairman LaBaff offers the following slate of officers:
Brian Staples for Chairman; Ernest LaBaff for Vice-Chairman; Lynn Blevins for Secretary; Raymond
Fountain, Chief Executive Officer; Kimberly Gilbert, Chief Financial Officer; William R. Small, Esq., as
Agency Counsel; and Office of Economic Development staff as Staff to the IDA. Hall/Weekes.
Approved unanimously.
STAFF REPORT: Mr. Fountain reports on the following:
 Washout – Pictures of the rail washout in Newton Falls are distributed. The project has been
completed. Chuck Livingston has requested that the barriers be returned to the tracks. Attorney
Small notes that the original reason the barriers were placed on the track was because of the washout;
the barriers have served their purpose; the washout has been repaired and the barriers should be
removed.
 Adirondack Rail Project – The IDA has signed its portion of the agreement and has forwarded the
document via email to Newton Falls and Benson Mines for execution.
 County/IDA Contract – Unsure of status.
 Agricultural Loan Fund – The Ag and Farmland Protection Board is seeking funds for agri-business
projects. Farms are a big part of our economy. Staff have researched other, similar agri-business
loan funds and have compiled directives. The Board was not unopposed to such an idea.
 Wednesday, July 21, 2010 is the recommended date for the IDA’s next meeting – Staff will be
presenting bond projects that will require action by the Board. With the summer upon us and
vacations scheduled, we’d like to set a date as early as possible.
OLD BUSINESS: - Election of Officers (See Committee Report.)
NEW BUSINESS:
 Resolution Amending Resolution No. 10-04-13: Adoption of Certain Policies, Standards and
Procedures to include Provisions of the Public Authority Reform Act of 2009: Blevins/Weekes. Mr.
Fountain notes that this resolution combines the Audit and Finance committees. Unanimous.



Resolution: Extending the Agent Status to Dockside Village of the 1,000 Islands – LaBaff/Weekes.
No questions or comments. Unanimous.
Resolution: Authorizing a Loan of $25,000 to the SLRVRA – LaBaff/Weekes. Mr. Fountain notes
that these funds will be utilized until such time as funds are received from NYPA and accounts set up.
Unanimous.
Resolution: Authorizing a Loan of $25,000 to the IDACDC – Hall/Weekes. Mr. Fountain notes that
these funds will be utilized until such time as the IDACDC starts receiving funds through bond
issuance fees. Unanimous.
EXECUTIVE SESSION: None
ADJOURNMENT: Adjourned at 9:24 AM by unanimous consent.
/s/
(Mr.) Lynn Blevins, Secretary