GENESEE VALLEY REGIONAL MARKET AUTHORITY

BOARD OF DIRECTORS MEETING

Date:  May 18, 2011

5:00 PM

1. Chairman Piedimonte called the meeting to order at 5:00 PM

          2. Jack Moore, Chairman of Nominating Committee, made recommendations for officers. Moved by J. Bourgoine, seconded by D. Kingston. Passed unanimously.

          3. Chairman Piedimonte introduced 2 new board members from Wayne County – Rich Vercruysee and Mark Lagoner.

• Members present:  J. Bourgoine, E. Hansen, D. Kingston, M. Lagoner, D. Martin, J. Moore, D. Piedimonte, A. Sacheli, R. Schilling, R. Vercruysse, G. Watkins, B. Haggerty representing Commissioner Aubertine

                                    Others present:  R. Daitz, CPA, G. Mackey, Esq., B.

                                    Mulligan, Jr.

          4.  Minutes of April 4, 2011 meeting were approved. Moved by J. Moore, seconded by R. Schilling. M. Lagoner and R. Vercruysse abstained. Passed.

          5.  Reports of officers, committees and staff:

·        Audit Report – Checks # 5131 – Check # 5238 totaling

      $432,320.92 were approved. Moved by G. Watkins, seconded

      by E. Hansen. Passed unanimously.

·        Approved 2011 – 2012 CIP -  reviewed by R. Daitz. Moved by

      J. Moore, seconded by R. Haggerty. Passed unanimously.

·        Administrator’s Report – B. Mulligan, Jr.

           6.  Unfinished Business

·        Harris property – 2 acre site – lease to Patels for $65,000/year

      for 5 years beginning 1/1/2012 with (5) 5 year options, CPI or

     10% escalation every 5 years not to exceed 10%, contingent upon

     securing mortgage. Moved by R. Schilling, seconded by J.

     Moore. Passed unanimously.

·        RFP for processing plant

·        Norry proposal to lower land leases – tabled

            7.  New Business

·        Appointed EFP Rotenberg, LLP as auditor and R. Daitz, CPA as

      a financial consultant. Moved by D. Kingston, seconded by J.

      Bourgoine. Passed unanimously.

·        Approved Tim Horton’s request for (3) 5 year options to be

      added to their lease which would extend their lease out to

      8/31/2043. Moved by J.Moore, seconded by G. Watkins.

      Passed unanimously.

·        Approved Patels request for (1) additional 5 year option to be

      added to their lease for Henrietta Lodging Associates (Holiday

      Inn) which would extend their lease out to 8/31/2040. Moved by

      R. Schilling, seconded by E. Hansen. Passed unanimously.

·        Awarded bid to MRI Contractors of NY CO., Inc. for $54,750

      for Phase I clearing of Scottsville Rd.property. Still needs DEC

      approval. Moved by E. Hansen, seconded by D. Martin. Passed

      unanimously.

·        Awarded bid for 80,000 sq ft of 1 ½ inch blacktop to All County

                        Construction @ .76/ sq ft. Moved by R. Schilling, seconded by J.

                        Bourgoine, Passed unanimously.

·        Awarded bid for 14,000 sq ft re-roof on building #6 to Upstate

      Roofing @ $74,300. Moved by D. Martin, seconded by E.

      Hansen. Passed unanimously.

·        Awarded bid for electric upgrade on Market to Szulgit Electric

     @ $36,900. Moved by G. Watkins, seconded by E. Hansen.

      Passed unanimously.

·       Approved $1.3 million bonding. Moved by J. Moore, seconded

     by J. Bourgoine. Passed unanimously.

·        Approved establishing a spending plan for a portion of Genesee

      Valley Regional Market Authority’s revenues for the period of

      April 1, 2011 – March 31, 2012. Moved by R. Schilling,

      seconded by D. Kingston. Passed unanimously.

Meeting adjourned at 6:00 PM.

Next meeting date:  August 3, 2011, 4:30 PM

Respectfully submitted,

William J. Mulligan, Jr.

Administrator

5/19/2011