GENESEE VALLEY REGIONAL MARKET AUTHORITY

BOARD OF DIRECTORS MEETING

December 16, 2009

10:30 AM

          2.  Members present:  J. Bourgoine, D. Kingston, D. Martin, J. Moore,  D.Piedimonte, R. Sage, R. Schilling, E. Warren, G. Watkins, Richard Bennett representing Commissioner Hooker

                        Others present:  G. Mackey, Esq., B. Mulligan, Sr.,

                                                 B. Mulligan, Jr.

          3.  Minutes of the August 26, 2009 meeting were approved as mailed. Moved by J. Moore, seconded by R. Schilling. Passed unanimously.

          4.  Reports of officers, committees and staff -

• Audit report – R. Sage – Reviewed all the bills over $5,000. Check # 3745 to check # 4160 totaling $4,446,729.19 were approved. Moved by R. Sage, seconded by G. Watkins. Passed unanimously.
• B. Mulligan reviewed the Preliminary Cash Budget. Mulligan emphasized that the Market had another good year despite a challenging local economy.
• Administrator’s report – B. Mulligan, Jr.

           5.  Unfinished business –

• Palmers land lease signed.
• Harris site – Board directed Mulligan to stay in close touch with  Alan Keefe on the property.

            6.  New business –

• Approved sale of Roadhouse Grill to Sticky Lips for $255,000. Moved by R. Schilling, seconded by J. Moore. Passed unanimously.
• Approved sublease of Mike Papapanu’s lease at 945 Jefferson Road– sublease with Sunrise Steak House. Moved by D. Kingston, seconded by R. Schilling. Passed unanimously.
• Approved cross easement between Mike Papapanu and Rob Colbert as per new intersection. Moved by J. Moore, seconded by G. Watkins. Passed unanimously.
• Approved advertising for bids for Jefferson Road Market entrance signal light and rebidding signal light. Moved by J. Bourgoine, seconded by E. Warren. Passed unanimously.
•  Approved Clay Road/Mushroom Boulevardtraffic study by SRF Associates. Moved by R. Schilling, seconded by J. Bourgoine. Passed unanimously.
• Awarded blacktop bid for 120 Mushroom Boulevard(approximately 30,000 sq ft) to Cardwell Construction @ .78/sq ft. Moved by J. Moore, seconded by D. Kingston. Passed unanimously.
• Approved purchase of Fisher snow plow under State contract for $4,034. Moved by E. Warren, seconded by J. Bourgoine. Passed unanimously.
• Amended investment policy to include Bank of Castile along with all others approved at the May 13, 2009 Board meeting. Moved by E. Warren, seconded by R. Schilling. Passed unanimously.
• Renewed consultant agreement with William Mulligan, Sr. for an additional two years from December 31, 2009 – December 31, 2011. Moved by E. Warren, seconded by J. Bourgoine. Passed unanimously.
• Approved permanent access easement to Palmers from Jefferson Road. Moved by J. Moore, seconded by J. Bourgoine. Passed unanimously.
• Authorized Bill Mulligan, Jr. to execute closing papers with the NYS DOT concerning land taken by the State for a light at the GVRMA entrance & Jefferson Road. Moved by R. Schilling, seconded by D. Kingston. Passed unanimously.
• Approved (1) additional 5 year option for Metzger Gear which takes their lease to 9/30/2044. Moved by J. Bourgoine, seconded by G. Watkins. Passed unanimously.
• Board did not approve lowering Lewis Norry’s rents at 85, 100,

                    105 Mushroom Boulevard. Letter sent out from Administrator

                    communicating that.

• Possibility of GVRMA revolving loan fund was discussed at length. No interest from Board of Directors at this time.

            Meeting adjourned at 11:55 AM.

Next meeting date:  Wednesday, March 24, 2010 @ 10:30 AM

                               Personnel meeting @ 10:00 AM – D. Martin, J.     

                               Moore, D. Piedimonte, R. Sage

Respectfully submitted,

William J. Mulligan, Jr.

Administrator