ST. LAWRENCE COUNTY INDUSTRIAL DEVELOPMENT AGENCY LOCAL DEVELOPMENT CORPORATION Resolution No. LDC-15-01-03 January 22, 2015 AUTHORIZING MODIFICATIONS TO THE ST. LAWRENCE COUNTY INDUSTRIAL DEVELOPMENT AGENCY LOCAL DEVELOPMENT CORPORATION FY2014 BUDGET WHEREAS, Resolution LDC-13-10-17, adopted on October 24, 2013, approved the FY2014 Budget for the St Lawrence County Industrial Development Agency Local Development Corporation (“SLCIDA-LDC”), and WHEREAS, certain revenue and expenditure accounts in the SLCIDA-LDC’s FY2014 Budget require modification, and NOW, THEREFORE, BE IT RESOLVED that St. Lawrence County Industrial Development Agency Local Development Corporation authorizes the following modifications to the SLCIDA-LDC FY2014 Budget: 2014 Budget Modified Budget Change Revenues 2409B · Interest Income - Banking 2409L · Interest Income - Loans 2413 · WIB Director Revenue 2421 · Rental Income-4MIB 2422 - MIB Lot 19 Rent 2424 · Brasher Admin Income 2425 · MIB 18 & 19 Improvement Revenue 17,720 117,000 42,800 33,948 29,250 1,000 60,000 9,596 145,888 33,039 37,114 39,550 0 0 Expenditures 6420486 · Improvements on MIB 18 6420487 · Improvements on MIB 19 6460411 · Insurance Expense 6460418 · Underwriting Expense 6460432 · Other Legal Expense 6460445 ·Other Travel Expense 6460450-11 · CDEIP 2011 6460450-12 · CDEIP 2012 6460450-13 · CDEIP 2013 6460450-14 · CDEIP 2014 6460499 · Miscellaneous Expense 60,000 90,000 2,700 2,500 30,000 1,500 130,202 33,626 184,932 523,040 1,500 0 (60,000) 0 (90,000) 2,106 (594) 0 (2,500) 16,139 (13,861) 500 (1,000) 4,316 (125,886) 15,000 (18,626) 140,253 (44,679) 59,082 (463,958) 500 (1,000) (8,124) 28,888 (9,761) 3,166 10,300 (1,000) (60,000) 6486408 · MIB18 - Maintenance Expense 6486411 · MIB18 - Insurance Expense 6486499 · MIB18 - Miscellaneous Expense 6487408 · MIB19 - Maintenance Expense 6487411 · MIB19 - Insurance Expense 6487416 · MIB19 - Utility Expense 6487499 · MIB19 - Miscellaneous Expense Move: Second: VOTE Blevins Hall LaBaff McMahon Staples Timmerman Weekes LaBaff Hall AYE X X X X X NAY ABSTAIN ABSENT Modified Budget Change 2,000 3,725 1,000 2,000 4,500 2,000 2,500 500 1,397 0 200 1,119 900 0 (1,500) (2,328) (1,000) (1,800) (3,381) (1,100) (2,500) 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/ X X 2014 Budget Natalie A. Sweatland January 22, 2015