ST. LAWRENCE COUNTY LOCAL DEVELOPMENT CORPORATION Resolution No. 12-02 February 8, 2012 ANNUAL REVIEW OF PROCUREMENT POLICY WHEREAS, the St. Lawrence County Local Development Corporation (the “Corporation”) has put into place written procedures (the “Procurement Policy”) which guide the Corporation to procure goods and services in a manner which assures (i) compliance with all applicable provisions of law governing procurements by the Corporation, (ii) the acquisition of quality goods and services which meets the Corporation’s needs, (iii) fairness and open competition, (iv) the wise and prudent use of the Corporation’s resources and (v) the avoidance of favoritism, extravagance, fraud and corruption, NOW, THEREFORE BE IT RESOLVED the St. Lawrence County Local Development Corporation hereby approves its Procurement Policy (attached). Move: Second: VOTE Clark O’Bryan Marr Ragan Scott Marr Yea Nay V Abstain Absent X V V Scott V Snyder V (V = Voice Vote; P = Proxy Vote) I hereby certify that I have compared a 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/ Lori Sibley February 8, 2012