Minutes of the Board of Directors

Rich Andres

Nick Maniccia

Dave Gross

Joe McMahon

Ed Janulionis

Andrea Moreau

Sharon Kochmanski

Robert Ortt

Garry Krause

Douglas Taylor

Also Present:  

Community Development Director Richard Tindell

Michael Zimmerman

Absent:

Joe Fonzi, Joe Miranto

Roll Call

Attendance was taken and is reported above.

Minutes Review

The minutes from the March 20, 2013 board meeting were included in the package and the Board took a few minutes to review them. As there were no questions or clarifications:

Resolution:

Moved by Director Moreau,

That the Board of Directors approves the minutes of the March 20, 2013 meeting.

Seconded by Director Gross and unanimously approved.

Treasurer's Reports

The March Financial Summary, Loan Summary Report, and the Profit & Loss YTD Comparison were distributed to the Board for review. Richard Tindell presented the details of the reports. The March report indicates a balance of $686,778.09 in all bank accounts.

Resolution:

Moved by Director Moreau,

That a motion is made to approve the March 2013 Financial Summary.

Seconded by Director Maniccia and unanimously approved.

Committee Reports

Finance/Loan:

The Finance/Loan Committee held a meeting on April 9, 2013. A meeting summary was distributed to the board. Director Maniccia went over the details of the meeting.

An application was received from Webster Properties of WNY, Inc for the mortgage assumption of 92 Webster Street. A document containing a summary of the application was distributed to the board for review and Richard Tindell went over the details of the application. Richard Tindell and Director Mainccia answered all questions posed by the board. After much discussion a motion was made.

Resolution:

Moved by Director Ortt,

A motion was made to not approve the application from Webster Properties of WNY, Inc. for the assumption of the existing loan and mortgage on the 92 Webster Street property. . 

Seconded by Director Gross and passed with 9 yes votes and 1 no vote

Project Review:

The Project Review Committee did not hold a meeting.

Personnel:

Director Kochmanski provided a report on activity related to the addition of a new Board Member. The applicant was unable to pursue the position due to a new job.

Marketing:

The Marketing Committee held a meeting on April 10, 2013. A meeting summary was distributed to the board for review and Director Gross went over the details of the meeting.

Resolution:

Moved by Director Gross,

That the Board of Directors approves an advertising proposal submitted by Entercom Radio for 120 ads over a five week period for a cost of $5,025.00

Seconded by Director Janulionis and unanimously approved.

Governance:

The Governance Committee did not hold a meeting

Old Business: 

Armstrong Pumps: Richard Tindell reported to the board that the City has issued a purchase agreement to Armstrong and their legal counsel is reviewing the agreement.

62-64 Webster: Richard Tindell reported to the board that the contracts are in place and the property is being scheduled to close next week with Mr. Burgio.

A memo to Richard Tindell from Richardson Management was received today in regards to the 62-64 Webster Street Property. The memo was distributed to the board for review and Richard Tindell provided additional detail and background on the interested parties. A discussion ensued and the board reached a consensus that Richard Tindell, on behalf of the LCDC, would pursue the introduction of the interested parties to Mr. Burgio, the new owner of the building, and provide any assistance, within the power of the LCDC, to help the interested parties expand their business in North Tonawanda.

Jacobs Ladder: Michael Zimmerman reported to the board that Jacobs Ladder has been provided 2 options to expand their space and stay in North Tonawanda. One option is within Wurlitzer Park and another option is to move to the space at 889 Erie Avenue recommended by Director Janulionis.

Brian Grassia: Richard Tindell reported to the board that Mr. Grassia has agreed to a purchase price on a property located at 110 Sweeney. Richard provided some detail on the intentions of Mr. Grassia for the development of the site.

Boulevard Wedding Concepts: Michael Zimmerman reported to the board on the current status of Boulevard Wedding Concepts. The company is looking to relocate their business on Webster Street, but was unable to put a deal in place before their current lease expired. Michael will follow up with them and will report to the board next month on the terms of the lease in order to assist the company in a future relocation.

88 Webster: Richard Tindell reported to the board on the status of the property and that Mr. Soeman does have interested parties to rent the space.

New Business:

Business Visits: Richard Tindell and Michael Zimmerman reported to the board that business visits were held with the following companies/contacts: Modu-Craft, Designer Sportswear, Glidden Machine, Industrial Tool Sharpening/American Coating, Canalside Creamery, Brite Lights Neon, Battenfeld Grease and Oil, Island Street Lumber, Buffalo Abrasives, Richardson Management, and JNK Enterprises.

Michael Zimmerman reported that JNK Enterprises will be opening on Webster Street as Gear by JNK.

River's Edge Apartment/Townhouses, 600 River Road: The site owner has provided a rendering of the proposed site plan. The plan was distributed to the board. Environmental remediation of the site will be needed before any development can take place.

Other activities: 3/26-28 PARIS report submittals, preparation for TNT Expo 4/5-4/7, 3/25 NT Environmental Commission, 4/2 First Region Forward,  3/28 Chamber ED committee meeting, provided assistance with Chamber Bridge Commission grant, 4/8 Manhattan Street GI project, 4/9 Riviera brownfields project,  4/17 Kayak launch project.

Next Meeting:

The next LCDC Meeting will be held on May 15, 2013 at 6:30 p.m. at 500 Wheatfield Street.

There being no further business, a motion was made by Director Andres to adjourn at 8:18 p.m.  Seconded by Director Kochmanski and unanimously approved.

Joe Fonzi

Nick Maniccia

Dave Gross

Joe McMahon

Ed Janulionis

Joe Miranto

Sharon Kochmanski

Andrea Moreau

Garry Krause

Douglas Taylor

Also Present:  

Community Development Director Richard Tindell

Mike Zimmerman

Absent:

Rich Andres, Robert Ortt

Roll Call

Attendance was taken and is reported above.

Gary Przewozny submitted his resignation from the LCDC Board.

Resolution:

Moved by Chairman Taylor,

A motion was made to accept the resignation of Gary Przewozny.

Seconded by Director Janulionis. The motion passed with 9 yes votes and 1 no vote.

Minutes Review

The minutes from the February 27, 2013 board meeting were included in the package and the Board took a few minutes to review them.  Director Kochmanski wanted to note that the February 27, 2013 minutes indicate that there was not a Personnel Committee Meeting during February 2013. A meeting took place on February 27, 2013 after the board meeting was adjourned.

Resolution:

Moved by Director Gross,

That the Board of Directors approves the minutes of the February 27, 2013 meeting.

Seconded by Director Moreau and unanimously approved.

Treasurer's Reports

The January & February Financial Summary, including Profit and Loss YTD Comparisons were distributed and Richard Tindell presented the details of the reports. The February report indicates a balance of $670,671.75 in all bank accounts.

Director Janulionis requested that the balance due from Kissling Interests be reflected on the past due loan payment section of the report if payment is not received prior to the next report.

R. Tindell reported the receipt of $19,897.36 from a 2004 NYS Department of State Grant due to the diligent efforts of Angela Renda.  

Resolution:

Moved by Director Moreau,

That a motion is made to approve the January and February 2013 Financial Summaries.

Seconded by Director Janulionis and unanimously approved.

Committee Reports

Finance/Loan:

The Finance/Loan Committee did not have a meeting

Audit:

The Audit Committee held a meeting on March 20, 2013 with Robert Williams of Toski & Company, P.C. prior to the Board Meeting. A Draft copy of the Financial Statement with Independent Auditors' Report and a draft copy of the Report to the Board were distributed to the Board for review. Director Maniccia went over the details of the report and findings.

Director Janulionis asked why there was not a date on the Report to the Board. Richard Tindell explained that the date would be entered after the documents were approved by the board

Resolution:

Moved by Director Maniccia,

A motion was made to accept the 2012 audit report as written.

Seconded by Director Janulionis and unanimously approved.

Bob StarrRobert Starr, 90-92 Webster Street: Richard Tindell updated the board on the current stastatus of the foreclosure proceedings. It was mentioned that there are several parties interested interested in the purchase of the building.

Project Review:

The Project Review Committee did not hold a meeting.

The Project Review Committee needs to appoint a new Chairperson. A discussion concluded that at the next project review meeting a Chair will be named.

Personnel:

The Personnel Committee held a meeting on February 27, 2013. Minutes from the meeting were distributed and Director Kochmanski and Gross went over the details of the meeting.

Marketing:

The Marketing Committee did not hold a meeting.

Governance:

The Governance Committee did not hold a meeting

Old Business: 

Armstrong Pumps: Richard Tindell reported to the board that the project is moving forward.

62-64 Webster: Richard Tindell reported to the board that the property should close on April 15^th to David Burgio.

TNT Expo: Richard Tindell distributed a TNT booth signup memo and asked that any Board Member planning to man the booth during the expo should let Angela know before Thursday, April 4^th.

Status of NYS Homes & Community Renewal Letter: Richard Tindell reported to the board that the letter from the Mayor was sent, but no updates are available at this time.

Power Tools & Abrasives: Richard Tindell reported to the board that Mr. Brick is moving forward with plans to acquire property in order to build a building for his company. 

88 Webster: Jay Soeman is scheduled to close on the property next week.

New Business:

Business Visits: Richard Tindell and Michael Zimmerman reported to the board that business visits were held with the following companies/contacts: Spiritually Rooted, American Customer Metal Fabricating, Lumber City Pizza, Jacobs Ladder, Buffalo Abrasives, Paul Brown, AnCor Plastics, Brian Grassia, Boulevard Wedding Concepts, and Peter Gfroerer/Hartwood Real Estate.

Jacob's Ladder: Richard reported that during the visit to Jacob's Ladder he found out that they are outgrowing their current 8,000 square foot facility and will need to move to a facility with 10,000 - 15,000 square feet of space with specific loading dock requirements.

Director Janulionis mentioned that the building in which his business is located meets the criteria explained to the board. Director Janulionis will forward the contact information for the building owner to Richard Tindell.

Paul Brown: Richard reported that during the visit to Mr. Brown there was interest in a loan to make improvements to the Oliver Street building that houses The Fish Place. An application was sent to Mr. Brown.

Brian Grassia: Richard reported that during his visit Mr. Grassia indicated his interest in purchasing commercial properties for development.

Boulevard Wedding Concepts: Michael Zimmerman reported that Boulevard Wedding Concepts is looking to move to Webster Street. They feel the move would allow them to expand the business. Michael feels this would be a good candidate for a microenterprise grant.

Chairman Taylor recommended to Richard Tindell and Michael Zimmerman a visit to Thunder Boxing and Fitness.

Other activities: 3/14, 2013 Niagara County Fam tour meeting; 3/11 met w/Nancy Schmidt, First Niagara; 2/28 Chamber ED committee meeting, 2/26-2/28 LCDC audit.

Status of Webster Street Improvements: Michael Zimmerman reported to the board that a site visit was conducted last week and most of the delays have been cleared. The project is moving forward with anticipated construction in the fall.

Fashion Show Sponsorship: Richard Tindell reported to the board that the Hip Gypsy is holding a fashion show and is looking for sponsors. The LCDC sponsored at the Jewel level last year.

Resolution:

Moved by Director Miranto,

A motion was made to sponsor the event at the Jewel level ($250.)

The motion was not seconded.

Resolution:

Moved by Director Kochmanski,

A motion was made to sponsor the event at the Charm level ($100.)

The motion was seconded by Director Gross and was approved with 9 yes votes and 1 no vote.

Next Meeting:

The next LCDC Meeting will be held on April 17, 2013 at 6:30 p.m.at 500 Wheatfield Street.

There being no further business, a motion was made by Director Moreau to adjourn at 8:04 p.m.  Seconded by Director Gross and unanimously approved.

Rich Andres

Joe Miranto

Dave Gross

Andrea Moreau

Sharon Kochmanski

Douglas Taylor

Garry Krause

Also Present:  

Community Development Director Richard Tindell

Mike Zimmerman

Absent:

Joe Fonzi, Ed Janulionis, Nick Maniccia, Joe McMahon, Robert Ortt

Roll Call

Attendance was taken and is reported above. The LCDC welcomes Sharon Kochmanski to the Board of Directors.

Minutes Review

The minutes from the January 16, 2013 board meeting were included in the package and the Board took a few minutes to review them.  As there were no questions or clarifications:

Resolution:

Moved by Director Andres,

That the Board of Directors approves the minutes of the January 16, 2013 meeting.

Seconded by Director Moreau and unanimously approved.

Treasurer's Reports

The December 2012 Financial Summary was distributed and Richard Tindell presented the details of the report.

Resolution:

Moved by Director Andres,

That a motion is made to approve the December 2012 Financial Summary.

Seconded by Director Moreau and unanimously approved.

Committee Reports

Finance/Loan & Audit:

The Finance/Loan & Audit Committee held a meeting on February 14, 2013. A meeting summary was distributed to the Board and Richard Tindell and Director Moreau went over the details of the meeting.

Resolution:

Moved by Director Moreau,

A motion was made to approve a loan to 82 Webster Properties LLC- Jay Soemann according to the terms and conditions outlined in the Finance & Loan Committee Meeting Summary.

Seconded by Director Miranto and unanimously approved.

2013 Budget:

The LCDC Proposed 2013 Budget was distributed  and presented to the board by Richard Tindell

Resolution:

Moved by Director Moreau,

A motion was made to approve the 2013 budget.

Seconded by Director Miranto and unanimously approved.

Project Review

The Project Review Committee held a meeting on February 13, 2013. A meeting summary was distributed to the Board and Chairman Taylor went over the details of the meeting.

Resolution:

Moved by Director Moreau,

A motion was made to approve the sale of 62-64 Webster Street to 26 Webster LLC, David Burgio for $85,000

Seconded by Director Gross and unanimously approved.

Personnel:

The Personnel Committee did not hold a meeting in February.

Marketing:

The Marketing Committee held a meeting on February 6, 2013. A meeting summary was distributed to the Board and Director Gross went over the details of the meeting.

Governance:

The Governance Committee did not have a meeting in February.

Committee Appointment:

Director Kochmanski was appointed to the Finance Committee and the Personnel Committee as the chair.

Old Business: 

Armstrong Pumps: Michael Zimmerman and Richard Tindell reported to the board that the project is moving forward and incentive packages from the Niagara County IDA and NYS Empire State Development are being considered.

New Business:

Business Visits: Richard Tindell and Michael Zimmerman reported to the board that business  visits were held with the following companies: Confer Plastics, Solid Surface Acrylics, Kean Wind Turbines, Buffalo Pumps, Thread Branders-Rob Albert, Pioneer Printing, Power Tools & Abrasives, Papa's Pizza Truck, LG Refinishing, Pencil in the River, and Hibbard's Custard/Lumber Jake's

Other Activities: 1/18 meeting w/Buffalo Niagara Riverkeeper, 1/31 Chamber ED committee meeting, 2/4 meeting w/Webster Street Merchants, 2/6 meeting w/National Grid & Shaun Donnelly, 2/7  2013 Niagara County Fam tour meeting, 2/12 PARIS training, 2/13 met w/Martin Cassstevens, UB stor/technology incubator, 1/23 meeting w/J. Santiago, Tonawanda's Chamber

Status of Kayak Launch: Michael Zimmerman updated the board that the contract with NY State has been started and a Steering Committee will need to be appointed. If any LCDC Director is interested in being a committee member please let Mike know.

Status of Tonawanda Island Phase 1 Environmental Assessment: Michael Zimmerman informed the board that funding was approved to do the assessment.

T-NT Expo: This year's T-NT  Expo will be held at the North Tonawanda Alumni Center, 405 Meadow Drive North Tonawanda on Saturday April 6^th from 10 a.m. to 6 p.m. and on Sunday April 7^th from Noon to 4 p.m. Directors were encouraged to consider manning the LCDC booth.

NYS Homes & Community Renewal Letter: The letter was distributed to the board and Richard Tindell went over the details of the letter. A letter was drafted and sent in response by the Mayor. North Tonawanda is requesting an extension until the end of 2013 to accomplish the objectives of the CDBG grant program.

Available Property: Director Andres informed the Board about the availability of a property at Ruie Road and Niagara Fall Boulevard. The property is 2.5 acres and would be a highly visible location for a business.  It was suggested that the owners should consider listing the property with a commercial broker.

Sportsplex Road: Director Andres informed the Board that the road between Sportsplex and the school bus garage may be turned over to the school district.

Gratwick Marina Status: M. Zimmerman informed the Board that dredging will hopefully begin soon. The City has not yet received the federal BIGP grant agreement from New York State.

Next Meeting:

The next LCDC Meeting will be held on March 20th at 6:30 p.m. at 500 Wheatfield Street.

There being no further business, a motion was made by Director Miranto to adjourn at 8:06 p.m.  Seconded by Director Andres and unanimously approved.

Rich Andres

Joe Miranto 6:25 p.m.

Dave Gross

Andrea Moreau

Ed Janulionis

Robert Ortt left at 7:20 p.m.

Garry Krause

Douglas Taylor

Nick Maniccia

Also Present:  

Community Development Director Richard Tindell

Mike Zimmerman

Absent:

Joe Fonzi, Dave Guido, Joe McMahon, Gary Przewozny

Roll Call

Attendance was taken and is reported above.

Minutes Review

The minutes from the November 28, 2012 board meeting were included in the package and the Board took a few minutes to review them.  As there were no questions or clarifications:

Resolution:

Moved by Director Gross,

That the Board of Directors approves the minutes of the November 28, 2012 meeting.

Seconded by Director Moreau and unanimously approved.

Treasurer's Reports

The November 2012 Financial Summary was distributed and Richard Tindell presented the details of the report.

Resolution:

Moved by Director Andres,

That a motion is made to approve the November 2012 Financial Summary.

Seconded by Director Moreau and unanimously approved.

Committee Reports

Finance/Loan & Audit:

The Finance/Loan Committee held a meeting on January 9, 2013. Minutes from the meeting were distributed and Richard Tindell and Director Maniccia went over the details of the meeting.

Resolution:

Moved by Director Maniccia,

A motion was made, regarding the loan to Signature Salon, that the term of the loan be extended to include past due payments.

Seconded by Director Moreau and unanimously approved.

Resolution:

Moved by Director Maniccia,

A motion was made, regarding the loan to Robert Starr, that the LCDC begin foreclosure on their mortgage by sending a letter to the first mortgage holder.

Seconded by Director Moreau and unanimously approved.

Resolution:

Moved by Director Maniccia,

A motion was made, regarding the loan to Evolution Yoga, to defer any further collection action for now and if monthly payments are made for a period of twelve months that we consider revising their loan agreement.

Seconded by Director Moreau and unanimously approved.

Resolution:

Moved by Director Maniccia,

A motion was made that the proposed chart of accounts go into effect as of January 1, 2013

Seconded by Director Moreau and unanimously approved.

2013 Budget:

The LCDC Proposed 2013 Budget was distributed to the board and was presented to the board by Richard Tindell

Resolution:

Moved by Director Maniccia,

A motion was made to table the vote on the proposed budget to check some items brought up in the discussion.

Seconded by Director Moreau and unanimously approved.

Project Review

The Project Review Committee did not have a meeting.

Personnel:

The Personnel Committee held a meeting on December 12, 2012. Minutes were distributed to the board for review and David Gross went over the details of the meeting.

Resolution:

Moved by Director Gross,

A motion was made to appoint Sharon Kochmanski to the LCDC board for the remainder of Robert Miller's term to June 30, 2014.

Seconded by Director Moreau and unanimously approved.

Resolution:

Moved by Director Gross,

A motion was made to adjust Angela Renda's annual salary as per the recommendation of the Personnel Committee.

Seconded by Director Miranto and unanimously approved.

Resolution:

Moved by Director Gross,

A motion was made to create a written agreement between the City of North Tonawanda and the LCDC for the annual funds that are provided. The agreement will specify what the city funds are to be used for and what services the LCDC would be providing to the City.

Seconded by Director Ortt and unanimously approved.

Marketing:

The Marketing Committee did not have a meeting.

Governance:

The Governance Committee had a meeting on November 28, 2012. Minutes were distributed to the board for review and Richard Tindell  went over the details of the meeting

Old Business: 

Status of Advance 2000 Data Center: Richard Tindell reported to the board that a location has not been selected and that they are still working on accommodating the utility and space requirements of the project.

62-64 Webster Street: Documents from Hunt Commercial Real Estate were distributed to the board for review. Richard Tindell went over the details of the documents.

Resolution:

Moved by Chairman Taylor,

A motion to accept and direct  Richard Tindell to sign the Exclusive Listing Agreement with Hunt Commercial Real Estate Corporation for 62-64 Webster Street. It was noted that the pricing was aggressive and any offer will be carefully considered by the board before any sale contracts are approved.

Seconded by Director Gross and approved by 7 yes votes and 1 no vote.

Resolution:

Moved by Director Gross,

A motion to accept and direct  Richard Tindell to sign the Proposal Agreement for the preparation of an RFP, Establishing "Target Market" and Response Assessment assistance for the 62-64 Webster Street Property with Hunt Commercial Real Estate Corporation.

Seconded by Director Moreau and approved by 7 yes votes and 1 no vote.

Calgon Corp. Loans, Richard Tindell updated the board.

Armstrong Pumps interest in Buffalo Bolt, Richard Tindell updated the board.

Review Summary of 1/12/2013 Strategic Planning Session, Richard Tindell provided a written summary of the planning session to the board and went over the details including the top priority actions for 2013.

Review Proposed 2013 Work Plan, Richard Tindell provided a written report of the work plan developed as a result of the 1/12/2013 planning session. Richard went over the details of the work plan.

New Business:

Business Visits: Richard Tindell reported to the board that business  visits were held with the following companies including; Crazy Jake's, Bruce Biltekoff (regarding Arida Property), Frank Corbett (regarding the Former Pierson Auto Parts Building), Confer Plastics, Prototype Manufacturing, Riviera Theater, Ascension Industries, and Partners in Art.

Other Activities: 12/6/2012 Meeting with Tom Mancuso regarding business incubator development, 11/29/2012 Chamber ED committee meeting, 12/4/2012 WNY Regional Council Meeting, 12/5/2012 Meeting with J. Santiago of Tonawanda's Chanmber

Our Town Public Art Grant Application: A Project Summary was distributed to the board for review and Michael Zimmerman went over the details of the grant.

NYS CFA Grant Applications: Michael Zimmerman informed the board that funding was approved for three kayak launches to be installed on Sweeney Street at the Botanical Gardens, Service Drive and Niagara Street locations.

Tonwanda's Chamber Sponsorship: Richard Tindell informed the board that a letter was received for the 2013 Chamber of Commerce of the Tonawandas Sponsorship program.

Resolution:

Moved by Chairman Maniccia,

A motion to approve funding for a bronze sponsorship to the Chamber of Commerce of the Tonawandas.

Seconded by Director Janulionis and unanimously approved.

David Guido submitted  his resignation from the LCDC Board.

Resolution:

Moved by Chairman Taylor,

A motion was made to accept the resignation of David Guido

Seconded by Director Janulionis and unanimously approved.

Board Meeting Schedule: Richard Tindell distributed the 2013 schedule to the board for review. A discussion ensued about the start time of the meetings and the board members decided to push back the time of the meetings by 30 minutes to start at 6:30 p.m.

2013 Meeting Schedule

February 20, 2013

March 20, 2013

April 17, 2013

May 15, 2013

June 19, 2013

July 17, 2013

August 21, 2013

September 18, 2013

October 16, 2013

November 20, 2013

Next Meeting:

The next LCDC Meeting will be held on February 20th at 6:30 p.m. at 500 Wheatfield Street.

There being no further business, a motion was made by Director Andres to adjourn at 8:15 p.m.  Seconded by Director Maniccia and unanimously approved.

Rich Andres

Joe McMahon

Joe Fonzi

Bob Miller

Dave Gross

Joe Miranto 6:15 p.m.

Dave Guido

Andrea Moreau

Ed Janulionis

Gary Przewozny

Garry Krause

Douglas Taylor

Nick Maniccia

Also Present:  

Community Development Director Richard Tindell

Mike Zimmerman

Absent:

Robert Ortt

Roll Call

Attendance was taken and is reported above.

Minutes Review

The minutes from the October 17, 2012 board meeting were included in the package and the Board took a few minutes to review them.  As there were no questions or clarifications:

Resolution:

Moved by Director Moreau,

That the Board of Directors approves the minutes of the October 17, 2012 meeting.

Seconded by Director Guido and unanimously approved.

Treasurer's Reports

The November 2012 Financial Summary was distributed and Richard Tindell presented the details of the report. There were questions on some of the figures that could not be answered at the time.

Resolution:

Moved by Director Andres,

That a motion is made to table the vote regarding the October 2012 Treasurer's report until the next Board Meeting so additional detail can be provided on the questions.

Seconded by Director Moreau and unanimously approved.

Committee Reports

Finance/Loan:

The Finance/Loan Committee held a meeting on November 19, 2012. Minutes from the meeting were distributed and Richard Tindell and Director Maniccia went over the details of the meeting.

Resolution:

Moved by Director Maniccia,

A motion was made regarding the loan to Hodge Podge. The past due balance will be added to the end of the loan, which would extend the loan term by 38 months.

Seconded by Director Andres and unanimously approved.

Audit:

Immediately following the Finance/Loan Committee meeting the Audit Committee met with the same persons present. Minutes from that meeting were distributed to the board and Richard Tindell and Nick Maniccia went over the details of the meeting.

Resolution:

Moved by Director Maniccia,

A motion was made to contract with Toski & Co., PC to perform the 2012 audit for the proposed fee of $3,500.00

Seconded by Director Gross and unanimously approved.

Project Review

The Project Review Committee did not have a meeting.

Personnel:

The Personnel Committee held a meeting on November 28, 2012 prior to the Board meeting and Bob Miller went over the details of the meeting.

Resolution:

Moved by Director Miller,

A motion was made to adjust Angela Renda's annual salary as per the recommendation of the Personnel Committee.

Seconded by Director Moreau and unanimously approved.

Robert Miller announced his resignation from the LCDC Board effective December 31, 2012 

Marketing:

The Marketing Committee did not have a meeting.

Governance:

The Governance Committee did not have a meeting, they are scheduled to meet after the Board meeting.

Old Business: 

Status of Advance 2000 Data Center: Richard Tindell and Michael Zimmerman reported to the board that a location has not been selected and that they are still working on accommodating the utility and space requirements of the project.

Erie Engineered Products Relocation: Richard Tindell reported to the board that although the Wurlitzer Building Management did offer a new lease, the company had already made an offer on a facility in Lancaster. If the deal can be reached on the property the company will move to Lancaster. In an effort to keep the company in North Tonawanda, a loan incentive was offered.

Review/Discuss 62/64 Webster Street: Richard Tindell reported to the board that he received a proposal from Hunt Real Estate to assist in the preparation and marketing of the property for sale.

Resolution:

Moved by Chairman Fonzi,

A motion to accept the proposal from Hunt Real Estate to provide services for 62/64 Webster providing Richard Tindell works out the payment and project details.

Seconded by Director McMahon and unanimously approved.

LCDC Strategic Plan: The board agreed to meet on January 12, 2013 at 9:00 a.m. to revise the strategic plan.

Calgon Corp. loans, Richard Tindell reported to the board that he moved forward with the board's recommendation to try to extend the loans until Calgon can get up and running. It does not appear that Calgon will be up and running soon so they wnet ahead and paid off their loan. Due to the type of funding used for the loans there may be repercussions to the LCDC and Calgon because of the loan payoff. Richard is looking into more options, but this is a rare circumstance. As more develops Richard will keep the board informed.

Armstrong Pumps interest in Buffalo Bolt, The city has agreed to enter into a purchase agreement for the 3 lots in question for Armstrong for 18 months, giving the company time to develop and submit plans for the space.

New Business:

Business visits: Richard Tindell reported to the board that business  visits were held with the following companies including; M. Wachowicz, Armstrong Pumps, Irr Supply, Tom Austin/Wurlitzer Park,  Baker Tool, Tasner Machine, Fortistar, Herschell Carrousel Museum, Beach Bright, Grace  Lutheran Church, RE Krug Glazing, Mike Ryan/Campaign Headquarters, Miller Marquart Lumber,  Water Haus, Granny's Restaurant, Richardson Management. Richard and Mike reviewed details of the visits with the board.

Buffalo Niagara World Trade Center, Government Procurement Program, Richard Tindell reported to the Board that the Buffalo Niagara World Trade Center, Governement Procurement Program will help small businesses to win federal contracts. They will be located on the Niagara University Campus.

Review Architectural Resources Invoice:

A meeting was held with LCDC representatives and representatives from Architectural Resources in regard to service rendered for the 62/64 Webster Street Project. The contract, history and project information was reviewed and discussed. The information provided by Architectural Resources justified the invoiced amount they are looking for.

Resolution:

Moved by Chairman Miranto,

A motion to pay the invoice to Architectural Resources in the amount of $98,649.50 subject to receiving a paid status and ownership of the design documents.

Seconded by Director Moreau and approved by 12 yes votes. Joe McMahon abstained from the vote.

Review Proposed 2013 work plan: Richard Tindell passed a document to the board detailing the topics to cover in regards to the 2013 work plan.  The board decided to discuss the plan in greater detail on January 12, 2013 at 9:00 a.m. at the same time set to to revise the strategic plan.

Next Meeting:

The next LCDC Meeting will be held on January 16^th  at 6:00 p.m. at 500 Wheatfield Street.

There being no further business, a motion was made by Director Moreau to adjourn at 8:25 p.m.  Seconded by Director Fonzi and unanimously approved.

Joe Fonzi

Joe McMahon

Dave Gross

Joe Miranto 6:25 p.m.

Ed Janulionis

Gary Przewozny

Andrea Moreau

Douglas Taylor

Garry Krause

Also Present:  

Community Development Director Richard Tindell

Mike Zimmerman

Absent:

Rich Andres,  Dave Guido, Bob Miller, Nick Maniccia, Rob Ortt

Roll Call

Attendance was taken and is reported above.

Minutes Review

The minutes from the September 19, 2012 board meeting were included in the package and the Board took a few minutes to review them.  As there were no questions or clarifications:

Resolution:

Moved by Director Przewozny,

That the Board of Directors approves the minutes of the September 19, 2012 meeting.

Seconded by Director Gross and unanimously approved.

Treasurer's Reports

The September 2012 Financial Summary was distributed and Richard Tindell presented the details of the report. The total ending balance for all accounts as of September 30, 2012 was $641,338.39 The new report included additional information including; Loan Portfolio Status, Past Due Loan Payments, Profit & Loss, and check detail. Director Janulionis asked Executive Director Tindell if he could include the list of customers with open loans on a quarterly basis in the report to the board.

Resolution:

Moved by Director McMahon ,

That a motion is made that the September, 2012 Treasurer's Report as presented is approved and accepted.

Seconded by Director Przewozny and unanimously approved.

Committee Reports:

Governance:

The Governance Committee held a meeting on September 9, 2012. Douglas Taylor (Committee Chair), Joe Miranto and Richard Tindell were present. Minutes from the meeting were distributed to the board and Richard Tindell went over the details of the meeting.

Finance/Loan:

The Finance/Loan Committee held a meeting on October 10, 2012. Nick Maniccia, Andrea Moreau, Ed Janulionis, Richard Tindell and Mike Zimmerman were present. Minutes from the meeting were distributed and Richard Tindell went over the details of the meeting

Resolution:

Moved by Director Moreau,

A motion to name Joe Miranto as Assistant Secretary of the Lumber City Development Corporation

Seconded by Director Janulionis and unanimously approved.

Audit:

Immediately following the Finance/Loan Committee meeting the Audit Committee met with the same persons present. Minutes from that meeting were distributed to the board and Richard Tindell went over the details of the meeting.

Personnel:

The Personnel Committee did not have a meeting.

Project Review:

The Project Review Committee did not have a meeting.

Marketing:

The Marketing Committee did not have a meeting.

Old Business: 

Status of Advance 2000 Data Center: Richard Tindell and Michael Zimmerman reported to the board that due to the facility utility requirements both of the sites being considered would require extensive upgrades. More investigation is needed on the topic.

Erie Engineered Products Relocation: Richard Tindell reported to the board that an agreement is pending with the building owners and Erie Engineered Products. If all goes well there could be a 5-year lease.

Review/Discuss 62/64 Webster Street: Richard Tindell reported to the board that the building was put on the State Historic Register. Richard also discussed the idea to list the property with Jane Munro, Hunt Commercial Real Estate. Chairman Taylor recommended that a press release be issued to announce the news of the building being added to the State Historic Register to the local press. Director Fonzi added a recommendation that the press release could include information about the building's availability.

Resolution:

Moved by Chairman Taylor,

A motion to approve the listing of the 62/64 Webster Street Property with Jane Munro, Hunt Commercial Real Estate.

Seconded by Director Fonzi and unanimously approved.

Updating LCDC Strategic Plan: Richard Tindell asked the board if they would be able to meet on a Saturday to update the LCDC Strategic Plan. The board recommended a Saturday in January to update the plan.

New Business:

Calgon Corp. loans, Richard Tindell reported to the board that Calgon is not currently moving forward with their operations. They may be able to start in the 1^st or 2^nd Quarter of 2013. Because of the state requirements of the current loans an extension will be applied for. Richard explained the options and the board agreed with Richard's recommendation to try the extension.

Armstrong Pumps interest in Buffalo Bolt, Richard Tindell reported to the board that Armstrong Pumps has indicated interest in property located at the Buffalo Bolt Business Park. A meeting will be held on October 23^rd  with the City Council to discuss the interest and plans for the property.

Business visits: Ridge Furniture, Aquasol, Richard Tindell reported to the board that he was able to do some site visits with local companies.

Ridge Furniture, is closing their Sheridan Drive location and is looking for 25,000-30,000 square feet of warehouse space.

Aquasol, has had good growth and considering constructing another building in the spring of 2013.

Microenterprise Program Updates, Michael Zimmerman reported to the board that they have awarded two grants and have about $35,000 remaining in the program to be expended.

Local Waterfront Revitalization Program Update, Michael Zimmerman reported about the progress of the program.

Marina renovations, Michael Zimmerman reported that progress is being made and a planning meeting was held a couple weeks ago and another meeting is scheduled later this week.

Next Meeting:

The next LCDC Meeting will be held on November 28^th at 6:00 p.m.  held at 500 Wheatfield Street.

Scheduling:

Finance/Loan/Audit Committee will schedule a meeting before next month's meeting

Personnel Committee is scheduled immediately following this meeting.

There being no further business, a motion was made by Director Moreau to adjourn at 7:50 p.m.  Seconded by Director Gross and unanimously approved.

Rich Andres

Bob Miller

Joe Fonzi

Joe McMahon

Dave Gross

Joe Miranto

Dave Guido

Andrea Moreau                       

Ed Janulionis

Rob Ortt

Garry Krause

Gary Przewozny

Nick Maniccia

Douglas Taylor

Also Present:  

Mike Zimmerman, Angela Renda

Community Development Director James Sullivan

Minutes Review

The minutes from the June 20, 2012 board meeting were included in the package and the Board took a few minutes to review them.  As there were no questions or clarifications:

Resolution:

Moved by Director Andres,

That the Board of Directors approves the minutes of the June 20, 2012 meeting.

Seconded by Director Moreau and unanimously approved.

Treasurer's Reports

Director Moreau presented and reviewed the reports for June 2012. The total ending balance for all accounts as of June 30, 2012 was $659,328.35

Resolution:

Moved by Director Andres,

That a motion is made that the June, 2012 report presented is approved and accepted.

Seconded by Director Gross and unanimously approved.

Committee Reports:

For July there were no committee meetings.

Old Business: 

Resolution:

Moved by Director Moreau,

A motion was made to approve the change of collateral on a loan for the 102 Webster Street Project from the owner's property to an investment account, pending review and approval by the LCDC Attorney.

Seconded by Director Janulionis, Motion carried with 13 yes votes and 1 abstention (David Gross).

Structural Integrity/64 Webster Street: An email from Peter Murad, Architectural Resources, with a copy of a letter from Dale Cich, Siracuse Engineers PC, was presented to the board. The letter was in response to the letter from Zaepfel Development deeming the property structurally unsafe. In the letter Mr. Cich stated to Mr. Murad: "I worked with you and your staff to prepare Contract Documents for the renovation of the structure. Even though the project was not completed, the work shown on my drawings indicates the building certainly can be structurally renovated.

64 Webster Street/National Register of Historic Places: A letter was presented to the board from the NYS Office of Parks, Recreation and Historic Preservation. The letter indicates that the property is being considered for nomination to the State and National Registers of Historic Places at its next meeting on September 20, 2012.

New Business:

Community Development Director: Director Ortt shared with the board that a candidate has been selected and the candidate has made a verbal acceptance for the position. The final details are being worked out.

Resolution:

Moved by Director Gross,

A motion was made to approve a fee for service not to exceed $2,250.00 to Bergmann Associates for engineering, landscape architecture and cost estimating for 3 Kayak launches along the Erie Canal.

Seconded by Director Moreau and unanimously approved.

Resolution:

Moved by Director Moreau,

A motion was made to replace Director Miranto, at his request, and appoint Director Maniccia to the Audit Committee     

Seconded by Director Miller and unanimously approved.

Resolution:

Moved by Director Miller,

A motion was made to approve funding to advertise for the part-time bookkeeper position on WNYJobs.com.        

Seconded by Director Gross and unanimously approved.

Resolution:

Moved by Director Janulionis,

A motion was made to authorize Garry Krause to sign checks, drafts, or other orders of payment of money out of the funds of the LCDC.

Seconded by Director Miller and unanimously approved.

Other Business:

Action item: Jim Sullivan brought up the need for a review of Mike Zimmerman's position. Director Miller shared that the personnel committee should come up with a regular review process for all employees of the LCDC

In regards to Jim Sullivan's retirement, Chairman Taylor offered his and the boards thanks to Jim for his years of service to the LCDC and North Tonawanda.

There being no further business, a motion was made by Director Moreau to adjourn at 6:20 p.m.  Seconded by Director Guido and unanimously approved.

Rich Andres

Joe McMahon

Joe Fonzi

Joe Miranto

Dave Gross

Andrea Moreau                       

Garry Krause

Gary Przewozny

Nick Maniccia

Douglas Taylor

Also Present:  

Mike Zimmerman, Angela Renda

Community Development Director James Sullivan

Absent:

Dave Guido, Ed Janulionis, Bob Miller, Rob Ortt

Minutes Review

The minutes from the March 21, 2012 board meeting were included in the package and the Board took a few minutes to review them.  As there were no questions or clarifications:

Resolution:

Moved by Director Gross,

That the Board of Directors approves the minutes of the March 21, 2012 meeting.

Seconded by Director Moreau and unanimously approved.

Treasurer's Reports

Director Moreau presented and reviewed the reports for March and April 2012. The total ending balance for all accounts as of April 30, 2012 was $620,087.24

Resolution:

Moved by Director Przewozny,

That a motion is made for the March and April, 2012 reports presented are approved and accepted.

Seconded by Director Andres and unanimously approved.

Committee Reports:

Finance/Loan:

A Committee Meeting was held on April 18, 2012. Minutes from the meetings were distributed to the board. Board member David Gross stated he was approached by the Hughes to assist them on their accounting procedures regarding the proposed restaurant to be located at 102 Webster Street.  After a discussion, it was agreed upon that Director Gross will abstain from all votes relating to the project at 102 Webster Street. Further, the staff will pursue the issue with the Corporate attorney as it relates to the newly revised Corporate by-laws.

Resolution:

Moved by Director Maniccia,

A motion was made to approve a request by Draco Development (102 Webster Street) for a $50,000.00 (Fifty Thousand Dollar) loan at 3% amortized for 10 (ten) years with a balloon payment in 7 (seven) years and a $50,000.00 (Fifty Thousand Dollar) deferred loan. The deferred loan is based on the full completion of the project and job creation.

Seconded by Director Przewozny. Motion carried with 8 yes votes, 1 no vote (Joe Miranto) pending review of Conflict of Interest policy and 1 abstention (David Gross).

Projects:

The Projects Review Committee did not have a meeting.

Personnel:

The Personnel Committee did not have a meeting.

Marketing:

The Marketing Committee did not have a meeting. Mike Zimmerman did share with the board that he has completed training and is able to update the Gateway Harbor website. Mike also reported that he has created a Facebook Page for the LCDC.

Old Business: 

80 Webster Street-Final Sign Design was distributed to the Board

Webster Street Site Improvement Project

Marina Development

Contracts/Facades & Miscellaneous

Resolution:

Moved by Director Moreau,

A motion to approve a contract with DCS Consulting to provide services during the preconstruction and construction phases related to the facade project at 102 Webster Street in the amount of $2,000.00.

Seconded by Director Przewozny. Motion carried with 9 yes votes and 1 abstention (David Gross).

Resolution:

Moved by Director Moreau,

A motion to approve a contract with David W. DeBoy, Architect, to provide services related to the facade renovation project at 102 Webster Street as per the attached scope of services.

Seconded by Director Maniccia. Motion carried with 9 yes votes and 1 abstention (David Gross).

Resolution:

Moved by Director Moreau,

A motion to approve a contract with F&S Design Studio, to provide design services related to the facade renovation project at 102 Webster Street at $75.00 per hour.

Seconded by Director Maniccia.  Motion carried with 9 yes votes and 1 abstention (David Gross).

Resolution:

Moved by Director Miranto,

A motion was made to rescind the board resignation submitted by Director Miranto.

Seconded by Director Taylor and unanimously approved.

New Business:

Zaepfel @ 64 Webster Street:  Presentation was not given at this time. This developer is still very interested in this project and has until the June board meeting to present his proposal. The LCDC staff indicated he has made progress in terms of investigating the building.  

Finance Discussion:  It was decided that until the 64 Webster Street project has more clarification the cash flow discussion will be discussed by the Projects Review Committee and the Finance & Loan Committee.

Creation of Audit and Governance Committees:  Several board members stated that the Committees were created when the revised by-laws were reviewed by the law firm of Harris Beach.  It was decided that the Corporate attorney review the revised by-laws and that this issue be tabled until the next board meeting in June, which appropriately will be the required annual meeting.

Request for Donations:  Several requests were presented to the board members and all were denied based on no relevance in relation to the to the objectives of the Lumber City Development Corporation

Development Project Potential- Joe McMahon:  Director McMahon presented a possible opportunity for the LCDC to get involved with a potential business looking to relocate to North Tonawanda.  More information will be available by our next board meeting.

Intern:  Mike Zimmerman discussed an intern that is a resident of North Tonawanda wanting to get involved in assisting LCDC with projects over the summer.  Jim Sullivan has the jurisdiction to approve this.

Other Business:

There being no further business, a motion was made by Director Moreau to adjourn at 7:18 pm.  Seconded by Director Gross and unanimously approved.

Rich Andres

Nick Maniccia

Joe Fonzi

Joe McMahon (left at 6:40)

Dave Gross

Bob Miller      

Dave Guido

Andrea Moreau          

Ed Janulionis

Gary Przewozny

Garry Krause

Douglas Taylor

Also Present:  

Mike Zimmerman, Angela Renda

Community Development Director James Sullivan

Absent:

Rob Ortt,

Minutes Review

The minutes from the January 25, 2012 board meeting were included in the package and the Board took a few minutes to review them.  As there were no questions or clarifications:

Resolution:

Moved by Director Moreau,

That the Board of Directors approves the minutes of the January 25, 2012 meeting.

Seconded by Director Guido and unanimously approved.

Treasurer's Reports

Director Moreau presented and reviewed the reports for January and February 2012. The total ending balance for all accounts as of February 29, 2012 was $566,270.82.

Resolution:

Moved by Director Andres,

That a motion is made for the January and February, 2012 reports presented are approved and accepted.

Seconded by Director Maniccia and unanimously approved.

Committee Reports:

Finance/Loan:

Meetings were held on February 8, 2012 and March 14, 2012. Minutes from the meetings were distributed to the board.  It was decided on by the Finance Committee and agreed upon by the board of directors that no loans will be approved until the person/s requesting the funds completes all financial requests and turns in all documentation necessary to process request.  The following requests were tabled; Argento Photography, Romeo's Italian Restaurant, Sherwood Florist, Sanders Nursery, Jay Soemann purchasing Ava's and Impressive Imprints purchasing Gardei building based on receiving final business plans  and or further financial info.  Further, the Committee has requested additional information regarding the renovation proposal located at 102 Webster St (Nestor's/Draco).

Resolution:

Moved by Director Maniccia,

A motion was made to approve a $35,000.00 Microenterprise Grant for the 102 Webster Street Project. Approval will be made once a bank loan is secured, by the owner, and proof of funding is presented to the Finance/Loan Committee.

Seconded by Director Guido. Motion carried with 11 yes votes and 1 abstention.

Resolution:

Moved by Director Maniccia,

A motion was made to approve a loan subordination regarding the existing LCDC Economic Development loan for Impressive Imprints. The LCDC loan will be collateralized by being added as an assignment to the owner's $250,000 insurance policy.

Seconded by Director Guido and unanimously approved.

Resolution:

Moved by Director Andres,

A motion was made to approve loan subordination for Prototype Manufacturing. LCDC already has a subordinated 2^nd position on the current loan and would remain in the 2^nd subordinated position with the change of commercial banks.

Seconded by Director Przewozny and unanimously approved.

Resolution:

Moved by Director Maniccia,

A motion was made for the Finance Committee to approve Microenterprise Grants to Argento Photography and Romeo's Restaurant pending completion of their business plans and required training courses.

Seconded by Director Guido and unanimously approved.

Projects:

A meeting was held on March 15, 2012. Minutes from the meeting were distributed to the board.  CRA Engineering was selected as the firm to design the site improvements necessary to open the forthcoming restaurant at the Gratwick Park Marina. Other outstanding projects were discussed and referred for further discussion at the next Board meeting.

Personnel:

After a Committee meeting on February 13, 2012 an Employee Handbook was completed by Director Bob Miller with updates on employee sick and vacation eligibility and that the Simple Retirement Plan has been approved for the staff. Further, due to the fact that the Plan was supposed to be established in 2011, a proposal was made to compensate the Grants Coordinator for the 3% match for 2011. Further, that the Board consider a raise for the Planning and Economic Coordinator on his 1^st year anniversary in July.

Resolution:

Moved by Director Gross,

A motion was made to make a single contribution of funds for 2011 into a retirement account for Angela Renda, Grants Coordinator. The funds are to cover matching funds that would have been distributed for 2011, but were not, due to the delay in implementing the retirement program. Funds to be deposited in the Retirement Account.

Seconded by Director Moreau and unanimously approved.

Resolution:

Moved by Director Miller,

A motion was made to accept the resignation letter, with regrets, from Director Joe Miranto who has been a board member since the inception of LCDC.

Seconded by Director Gross and unanimously approved.

Old Business:  North Tonawanda was awarded a Phase III Brownfield Opportunity Area award of $423,450 from Governor Cuomo.  Also, The LCDC staff presented the loan/deferred loan package that was approved by the NYS Office of Community Renewal under the Economic Development program regarding the renovation of space at the Remington Lofts on the Canal for the Remington Events Center proposal.

Resolution:           Moved by Director Guido,

                               A motion was made to approve the loan/deferred loan development package for the Remington Events Center located at the Remington Lofts on the Canal located at 184 Webster Street,

Seconded by Director Taylor and unanimously approved.

Resolution:

Moved by Director Gross,

A motion was made to approve authorization of a Conflict of Interest Agreement with Damon Morey, Attorneys at Law, as they represent both the LCDC and First Niagara Bank regarding the subordination agreement between Impressive Construction, 605 Division St and Lumber City Development Corporation. Further, it is understood that attorneys representing each parties are Gary Maas , LCDC attorney and Serafina M. Mitri, representing First Niagara Bank

Seconded by Director Moreau and unanimously approved.

New Business:

Resolution:

Moved by Director Janulionis,

A motion was made to grant a request by Zaepfel Development for a 60-day exclusive to explore the development possibilities regarding for 64 Webster St. Further, that the developer presents an update at the next scheduled Board meeting. It is understood that the time will be used to develop a comprehensive proposal for the project.

Seconded by Director Gross and unanimously approved.

There being no further business, a motion was made by Director Gross to adjourn at 7:20 pm.  Seconded by Director Krause and unanimously approved.