St. Lawrence County Local Development Corporation Mission Statement

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St. Lawrence County Local Development Corporation
Mission Statement
Reviewed and Reaffirmed in Public Session on February 27, 2014
The mission of the St. Lawrence County Local Development Corporation(SLCLDC) is to increase
adequately remunerated employment in St. Lawrence County; support existing microenterprises and the
creation of new microenterprises; instruct and train individuals to develop and/or enhance their
entrepreneurial and work skills; conduct research to identify new microenterprise opportunities and support
the development of these opportunities; act in the public interest and lessen the burdens on government; and
administer the SLCLDC’s loan and grant programs.
The St. Lawrence County Local Development Corporation is devoted to encouraging the economic
advancement of St. Lawrence County’s low-moderate income citizens and the preparation of citizens for
business ownership through the responsible provision of financial products, training, technical assistance
and support to new and expanding microenterprises.
Performance Goals

Entrepreneurial assistance to St. Lawrence County’s new and expanding microenterprises through the
responsible provision of financial products, training, technical assistance and support that encourages
the economic advancement of St. Lawrence County’s low-moderate income citizens.

Ensure a transparent and accountable operation with responsibly-managed, authority assets.

Market authority programs and partner with local entities that provide small business training program
assistance.

Accountable and informed business lending assistance that encourages job creation or retention.
2014 Performance Review (January 2014 – December 2014)
In 2014, the St. Lawrence County Local Development Corporation provided assistance to a number of
employers, communities and stakeholders throughout St. Lawrence County.

As part of our Public Authority Law compliance program, we conduct annual reviews of our policies
regarding Property Disposition, Investment of Funds, and Procurement. Performance reports and
Board evaluations for 2013 were also reviewed in 2014.

2013 Independent Audit reports were approved in March of 2014. Legislators were provided the
reports electronically. In addition, the reports were made available on our website at
www.SLCIDA.com.

Hebel Welding and Machine, LLC, as part of its plant expansion, received $20,000 as loan
financing through our Microenterprise Revolving Loan Fund.

Proline-Striping received microenterprise fund loan financing in the amount of $20,000 to assist
with the purchase of equipment and general startup costs to support the Depeyster-based business.
The project is expected to create one (1) full-time position.

Sharrow’s Home Repair and Renovation received microenterprise fund loan financing in the
amount of $20,000 to assist the Star Lake-based company with the purchase of two (2) key pieces
of equipment. The project is expected to create one (1) full-time seasonal position.

At its Annual Meeting on June 26, 2014, Brian W. Staples was reelected Chairman, Ernest J. LaBaff
was reelected Vice-Chairman, and Lynn Blevins was reelected Secretary. Patrick Kelly was
reappointed Chief Executive Officer and Thomas Plastino was reappointed Chief Financial Officer.

The St. Lawrence County Local Development Corporation approved its FY2015 Budget.
St. Lawrence County Local Development Corporation
Additional Questions
1.
Have the board members acknowledged that they have read and understood the mission
of the public authority?
ANS: Yes – the Board members reviewed and approved (by formal resolution) the mission
statement and performance measures of the board.
2.
Who has the power to appoint the management of the public authority?
ANS: Management is appointed by the board members of the authority.
3.
If the Board appoints management, do you have a policy you follow when appointing the
management of the public authority?
ANS: The board of the St. Lawrence County Local Development Corporation appoints its Chief
Executive Officer and Chief Financial Officer. The Chief Executive Officer appoints
management and staff.
4.
Briefly describe the role of the Board and the role of management in the implementation
of the mission.
ANS: The Board, with assistance of management, works to develop the authority’s mission, and
evaluate the authority’s goals and performance.
Management ensures that the Board’s mission and goals are carried out in a manner which
achieves the intended public purpose - a process involving program evaluation, reporting,
feedback and recommendation.
5.
Has the Board acknowledged that they have read and understood the responses to each of
these questions?
ANS: The Board acknowledges its understanding of this document by formally approving the
document in public session.
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