ST. LAWRENCE COUNTY INDUSTRIAL DEVELOPMENT AGENCY Resolution No. IDA-13-04-07 April 30, 2013 AUTHORIZING A COMMITMENT OF FUNDS TO THE DRUM COUNTRY BUSINESS REGIONAL MARKETING INITIATIVE WHEREAS, area economic development agencies from the three-county region, representing Jefferson, St. Lawrence and Lewis Counties, have worked collaboratively to undertake a regional marketing initiative (“Drum Country Business”) for business attraction purposes, and WHEREAS, as outlined in the Memorandum of Understanding, the “Participating Economic Development Agencies” in this initiative (St. Lawrence County IDA, Jefferson County IDA, Lewis County Economic Development and DANC) each committed $5,000 for CY2011, and agreed to determine and agree upon a commitment of funds which would be used to extend the initiative for two additional years, and WHEREAS, the Participating Economic Development Agencies have each agreed upon considering funding commitments for two additional years (CY2012 and CY2013), and WHEREAS, the Participating Economic Development Agencies each committed $5,000 for CY2012, and WHEREAS, the Participating Economic Development Agencies have each committed $5,000 for CY2013, and WHEREAS, the St. Lawrence County Industrial Development Agency wishes to resume its original role and responsibilities as a “Participating Economic Development Agency” as defined in the Memorandum of Understanding, as of January 1, 2012, NOW, THEREFORE, BE IT RESOLVED that St. Lawrence County Industrial Development Agency officers and staff are hereby designated, authorized, empowered and directed to execute and deliver any and all agreements and other documents required to affect the transactions contemplated by this resolution, and BE IT FURTHER RESOLVED, that no funds shall be dispersed until an amendment to the current Memorandum of Understanding is executed by the Corporation and the initiative’s administrative partner, the Development Authority of the North Country. Move: Second: VOTE Blevins Hall LaBaff McMahon Peck Staples Weekes Hall LaBaff AYE X X X X X X X NAY ABSTAIN ABSENT I HEREBY CERTIFY that I have compared this copy of this Resolution with the original record in this office, and that the same is a correct transcript thereof and of the whole of said original record. /s/ Natalie A. Sweatland April 30, 2013