TOWN OF GUILDERLAND
INDUSTRIAL DEVELOPMENT AGENCY
GOVERNANCE COMMITTEE
MEETING MINUTES - DRAFT
April 14, 2017
Governance Committee MembersStaff Members Present:
Present:Linda Cure, Administrative Assistant
Christopher Bombardier,Chair Joseph Scott, Esq., HodgsonRuss,
William Young, Jr. Esq.Agency Counsel and Bond Counsel
Walter PacholczakDonald Csaposs, CEO
Kevin HicksVera Dordick
Governance Committee Members Absent:Staff Members Absent:
James ShahdaWilliam Adams, CFO
Other Attendees:
Patricia Slavick, Town Board Liaison, Bob Smith, Esq., Counsel for Pyramid Management Group
Mr. Bombardier called the meeting of the Industrial Development Agency Governance Committee to order at 8:03am.
I.Public Comment
None.
II.Approval of Minutes of the Last Meeting
On a motion made by Mr. Young and seconded by Ms. Dordick, the minutes of the July 18, 2016 Governance Committee meeting were approved.
III.Old Business
None.
IV.New Business
- Review of Proposed Revisions to Uniform Tax Exemption Policy
- Recommendation to IDA Board to Hold a Public Hearing
Mr. Csaposs reviewed the attached memo dated March 6, 2017 with the Board and Counsel. Attorney Scott reported that his office conducted a survey of other NYS IDA’s and their UTEPs and shared the information with the board (see attached). The committee did a robust review of the Guilderland IDA UTEP and discussed whether it would be prudent to hold a public hearing re: proposed revisions to the UTEP. After lengthy discussion, on a motion made by Mr. Young and seconded by Mr. Pacholczak, the committee voted unanimously to recommend to the full board continuation of the current UTEP for 2017 with no revisions. Mr. Csaposs recommended conducting an annual review of the UTEP, which is typically done as part of the annual housekeeping resolution.
V.Adjournment
On a motion made by Mr. Hicks, and seconded by Mr. Pacholczak, the Industrial Development Agency Governance Committee adjourned at 8:38am.
Respectfully submitted,
Linda Cure, Administrative Assistant