Board of Directors Agenda

January 2, 2013

I.          Call to Order and Introductions

II.        Attendance

A.  IDA Board Members

      1.  Roll Call

            a. Excused:  

            b. Absent:

B.  Guests- 

III.       Privilege of the Floor

IV.       Correspondence

1.  Freedom of Information Request- MacNamee
   1.  Request
   2. Acknowledgement
   3. Approval

V.        Approval of Minutes

VI.       Financial Report

A.  Reports

1. Balance Sheet
2. Profit & Loss
3. Transaction Detail
4. 4^th Quarter Operating Income vs. Operating Expense

VII.     Project Updates

1. TCIDA Emergency Watershed Protection Project (Monkey Run)
   1.  Construction has commenced
   2. Informational meeting to be held 1/9 at 9:00 a.m.
2. Army Reserve Project
   1. Request for release of escrow funds- ongoing

VIII.    PILOT Updates

1.  Tioga Downs
   1.  Set public hearing date
   2. Prep of Cost Benefit Analysis
   3. Issuance of Tax Exempt letter
2. Best Buy- PILOT payment made
3. All Town and County PILOT tax bills have been mailed out (except Sanmina)

 IX.       Reports

 A.  Railroad

1. Committee Report (T. Monell, M. Sauerbrey, D. Daniels, W. Caloroso)
   1. Changes to Operating Agreement status
   2. Insurance quote- requested of Partners in November

X.        Motion to move into Executive Session pursuant to Public Officers Law

Section 105

XI.       Old Business

A.  Public Authority Accountability Act 

1. Audit Committee report (A. Gowan, R. Kelsey, K. Dougherty)

a.   Audit to commence end of this month

2.  Governance Committee report (A. Gowan, W. Woods, D. Daniels)

a.  Authority Budget Office Report

i.  2011 Procurement Report revisions- submitted 12/13

ii.  2011 Annual Report revisions- submitted 12/13

3.  Finance Committee report (A. Gowan, W. Woods, D. Barton)

XII.     Adjourned