RESOLUTION
A regular meeting of County of Sullivan Industrial Development Agency (“Agency”) was convened in public session at the Sullivan County Government Center, 100 North Street, Village of Monticello, Sullivan County, New York on January 10, 2012 at 10:00 a.m. local time.
The meeting was called to order by Harold Gold, and, upon roll being called, the following members of the Agency were:
PRESENT ABSENT
Harold Gold [ x ] [ ]
Raymond Walter [ x ] [ ]
Edward T. Sykes [ x ] [ ]
Charles Barbuti, Jr. [ x ] [ ]
Harris Alport [ x ] [ ]
Suzanne Loughlin [ x ] [ ]
Cindy L. Garlinghouse [ x ] [ ]
Steve White [ x ] [ ]
The following persons were also present:
Allan C. Scott, Chief Executive Officer
Jennifer Brylinski, Agency Executive Director
Elizabeth A. Hunt, Agency Executive Assistant
Walter F. Garigliano, Agency General Counsel
The following resolution was duly offered by Ms. Loughlin, and seconded by Mr. Skyes, to wit:
Resolution No. 1 – 12
RESOLUTION OF THE AGENCY AUTHORIZING THE TRANSFER OF THE APOLLO PLAZA PROJECT ESCROW RECEIVED FROM CHANCELLOR LIVINGSTON, LLC POSTED WITH THE AGENCY TO SULLIVAN COUNTY FUNDING CORPORATION (“SCFC”)
WHEREAS, the Agency was created by Chapter 560 of the Laws of 1970 of the State of New York, as amended, pursuant to Title I of Article 18-A of the General Municipal Law of the State of New York (collectively, the “Act”) as a body corporate and politic and as a public benefit corporation of the State of New York (“State”); and
WHEREAS, County of Sullivan by Resolution No. 325-11 approved on July 21, 2011 authorized the transfer of East Broadway Development Properties under specific terms and conditions to SCFC (“CS Resolution”); and
WHEREAS, the organization of SCFC was not finalized until November 23, 2011; and
WHEREAS, to facilitate the administrative duties of CS Resolution until SCFC held its organizational meeting, the Agency received and held an escrow deposit relating to the Apollo Plaza Project posted by Chancellor Livingston, LLC.
NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE AGENCY AS FOLLOWS:
Section 1. The Agency hereby authorizes and directs the Agency staff to transfer the escrow deposit relating to the Apollo Plaza Project received from Chancellor Livingston, LLC to SCFC.
Section 2. The Chairman (or Vice Chairman) and/or Executive Director of the Agency is hereby authorized and directed to distribute copies of this Resolution to SCFC and to do such further things or perform such acts as may be necessary or convenient to implement the provisions of this Resolution.
Section 3. These resolutions shall take effect immediately.
The question of adoption of the foregoing resolutions were duly put to a vote on roll call, which resulted as follows:
Harold Gold [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Raymond Walter [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Edward T. Sykes [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Charles Barbuti, Jr. [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Harris Alport [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Suzanne Loughlin [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Cindy L. Garlinghouse [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Steve White [ x ] Yes [ ] No [ ] Absent [ ] Abstain
The resolutions were thereupon duly adopted.
STATE OF NEW YORK :
:ss.:
COUNTY OF SULLIVAN :
I, the undersigned (Assistant) Secretary of the County of Sullivan Industrial Development Agency DO HEREBY CERTIFY THAT:
1. I have compared the foregoing copy of a resolution of the County of Sullivan Industrial Development Agency (“Agency”) with the original thereof on file in the office of the Agency, and that the same is a true and correct copy of such resolution and of the proceedings of the Agency in connection with such matter.
2. Such resolution was passed at a meeting of the Agency duly convened in public session on the 10th day of January, 2012 at 10:00 a.m. at the Sullivan County Government Center, 100 North Street, Village of Monticello, Sullivan County, New York, at which the following members were present:
PRESENT ABSENT
Harold Gold [ x ] [ ]
Raymond Walter [ x ] [ ]
Edward T. Sykes [ x ] [ ]
Charles Barbuti, Jr. [ x ] [ ]
Harris Alport [ x ] [ ]
Suzanne Loughlin [ x ] [ ]
Cindy L. Garlinghouse [ x ] [ ]
Steve White [ x ] [ ]
3. The question of the adoption of the foregoing resolution was duly put to a vote on roll call which resulted as follows:
Harold Gold [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Raymond Walter [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Edward T. Sykes [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Charles Barbuti, Jr. [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Harris Alport [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Suzanne Loughlin [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Cindy L. Garlinghouse [ x ] Yes [ ] No [ ] Absent [ ] Abstain
Steve White [ x ] Yes [ ] No [ ] Absent [ ] Abstain
and therefore, the resolution was declared duly adopted.
60192-014v2
I FURTHER CERTIFY that (i) all members of the Agency had due notice of said meeting, (ii) pursuant to Sections 103a and 104 of the Public Officers Law (Open Meetings Law), said meeting was open to the general public and public notice of the time and place of said meeting was duly given in accordance with such Sections 103a and 104, (iii) the meeting in all respects was duly held, and (iv) there was a quorum present throughout.
IN WITNESS WHEREOF, I have hereunto set my hand and seal on the 10th day of January, 2012.
(signed) Ray Walter
______________________
Secretary