Meeting Minutes

October 9, 2013

Present:             Ray Gillen, Brad Lewis, Sharon Jordan, Neil Golub, Bob Wall, Janet Hutchison and Karen Zalewski-Wildzunas

Absent:              Bill Chapman, Ed Capovani, John Mallozzi and Bob Mantello

Others:           Jayme Lahut, Jim Callander, David Hogenkamp and audience of 2

Call to Order:    Mr. Gillen called the meeting to order at 6:00 p.m.

1.      Approval of Minutes: Mr. Golub moved adoption of the September 11, 2013 meeting minutes, seconded by Mrs. Zalewski-Wildzunas and approved.

2.      Treasurer’s Report: Mr. Wall reviewed the Treasurer’s Report for the period ending September 30, 2013 which was distributed prior to the meeting. He noted that sales tax receipts were on mark with one year ago, operating expenses were under budget, and predevelopment expenses were tracking above budget because of new projects that staff was working on. Cash on hand was $2.4 million. Ms. Jordan moved to accept the Treasurer’s Report, seconded by Mrs. Hutchison and approved.

3.      Airport Technology Park Project: Resolution 846-13 — Amend the General Project Plan

The sewer extension project originally was budgeted at $315,655 with NYS providing $284,090 grant to the County matched by Metroplex’s $31,565 grant. After opening bids in September, the total project cost increased to $374,100 with the County requesting a boost in the grant to $26,880 for a total of $58,445. Ms. Jordan moved Resolution 846-13; seconded by Mr. Lewis. Following discussion about leveraging State funds to improve economic development opportunities in Glenville, Resolution 846-13 was approved.

4.      25 Mohawk Avenue Scotia: Resolution 847-13Commence Real Property Disposition Process 

Resolution 847-13 initiated the state-mandated process for disposition of real property for fair market value by disclosing the transaction, starting the clock on the 90-day notice period to the ABO and Office of the Comptroller. Metroplex purchased the former McDonalds restaurant site, a 1.1-acre parcel located at 25 Mohawk Avenue, Scotia for $1 and performed environmental cleanup in early summer. The prospective purchaser, Mazzone Management Group is prepared to pay $240,000 for the property, which equals the appraised value. Mr. Wall moved Resolution 847-13; seconded by Mrs. Zalewski-Wildzunas. After brief discussion, Resolution 847-13 was approved.

5.    Proctors Key Hall Project: Resolution 848-13 — Make Application and Disburse Proceeds

Metroplex was the recipient of a State legislative budget appropriation of $2 million that has been used in support of the YMCA at Center City and Union Graduate College. Another project eligible to receive funding from the legislative grant process is the purchase and renovation of the former Key Bank now Key Hall — part of the Proctors complex. Resolution 848-13 authorized the application submittal and reimbursement of project expenses up to $325,000. Ms. Jordan moved Resolution 848-13; seconded by Mr. Lewis. Discussion followed and Resolution 848-13 was approved unanimously.

6.    Curry Road Shopping Plaza Demolition: Resolution 849-13 — Hold a Public Hearing

The Town of Rotterdam is selling the 12-acre vacant Curry Road Plaza to Forum Industries.  The developer will demolish the vacant retail structures on-site and redevelop the property. The demolition phase is budgeted at $500,000 with Metroplex reimbursement of demolition costs on a dollar-for-dollar basis not to exceed $250,000 using bond proceeds. Resolution 849-13 called for holding a public hearing on the bond issuance. Mrs. Zalewski-Wildzunas moved Resolution 849-13; seconded by Mr. Lewis and approved (Mr. Golub abstained).

7.     Public Comment:  None

8.     Board Comment:  None

9.     Adjournment: Mr. Golub moved to adjourn, seconded by Mr. Lewis. The meeting was adjourned at 6:20 p.m.

Respectfully submitted,

Jayme Lahut
Executive Director