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.
2013 Performance Review (January 2013 – December 2013)

As part of its Public Authority Law compliance program, the SLCLDC reviewed and reaffirmed policies
regarding Property Disposition, Investment and Procurement. Performance documents for 2012 were
also reviewed.

The New York State Small Business Development Center received funding of $7,500 from the SLCLDC
as part of an agreement to provide business plan development and other services to small businesses.

2012 Audited Financial Statements and the 2012 Annual Report to the NYS Authorities Budget Office
were completed in March of 2013. A copy of the report, along with the associated audited financial
statements for 2012 were provided to the County Legislature.

A revised financial disclosure form, based on input from the County’s Board of Ethics, was adopted for
use by Board members, officers and employees.

Sharrow’s Home Repair (Star Lake) and Lucas Motorsports and TwinPines QuikStop(Nicholville)
satisfied the terms of their respective loan agreements with the SLCLDC.

Board members approved a 2014 Budget, a copy of which was forwarded to the Legislative Chair,
County Treasurer, County Clerk and Authorities Budget Office. The budget is also available
electronically at www.SLCIDA.com
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.