October 8, 2013 – Resolution – Authorizing Chairman to sign Option Agreement in regards to the Food Hub Project

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 October 8, 2013 at 10:00 a.m. local time. 

            The meeting was called to order by Chairman Ira Steingart, and, upon roll being called, the following members of the Agency were: 

                                                            PRESENT                   ABSENT 

            Ira Steingart                            [           ]                       [           ]

            Harold Gold                            [           ]                       [           ]

            Edward T. Sykes                    [           ]                       [           ]

            Suzanne Loughlin                   [           ]                       [           ]

            Charles Barbuti, Jr.                 [           ]                       [           ]

            Harris Alport                           [           ]                       [           ]

            Steve White                            [           ]                       [           ]

            Sandy Shaddock                     [           ]                       [           ]

            Sean Rieber                             [           ]                       [           ]

            The following persons were also present:

            Allan C. Scott, Chief Executive Officer

            Jennifer C.S. Brylinski, Agency Executive Director

            Walter F. Garigliano, Agency General Counsel

            The following resolution was duly offered by ___________________, and seconded by _____________________, to wit: 

                                                           Resolution No. ___ – 13 

RESOLUTION AUTHORIZING EXECUTION OF AN OPTION AGREEMENT BY AND BETWEEN THE AGENCY AND GLEN WILD INDUSTRIAL, LLC (“GLEN WILD”) 

            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, on or about June 1, 2013, the Agency submitted an application for a Rural Business Enterprise Grant (“RBEG”) and a Rural Business Opportunity Grant (“RBOG”) with the United States Department of Agriculture (“USDA”); and 

WHEREAS, on or about June 20, 2013, the Agency was awarded a RBEG in the amount of $213,400.00 to partially fund the cost of equipping a proposed local food aggregation and distribution facility (“Food Hub”); and 

WHEREAS, on or about June 20, 2013, the Agency was awarded a RBOG in the amount of $89,353.00 for market research training and a farmer match program to assist local producers to successfully interact with the Food Hub; and 

WHEREAS, Hudson Valley Agri-Business Development Corporation, on behalf of the Agency, applied for funds through the New York State Consolidated Funding Application for New York State funding of the Food Hub project in the amount of $310,000; and 

WHEREAS, the pending Consolidated Funding Application has received priority status; and 

WHEREAS, the Agency desires to enter into an agreement whereby the Agency has the option to purchase the land if the Consolidated Funding Application is funded together with any and all agreements, certificates, documents and instruments necessary relating to the foregoing with such changes, variations, omissions and insertions as the Chairman or Chief Executive Officer of the Agency shall approve. 

            NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE AGENCY AS FOLLOWS: 

Section 1.        The Chairman or Chief Executive Officer of the Agency, either acting individually are each hereby authorized, on behalf of the Agency, to execute and deliver the Option Agreement. 

Section 2.        The officers, employees and agents of the Agency are hereby authorized and directed for and in the name and on behalf of the Agency to do all acts and things required and to execute and deliver all such certificates, instruments, documents, and to pay all such fees, charges and expenses and to do all such further acts and things as may be necessary or in the opinion of the officer, employee or agent acting on behalf of the Agency desirable and proper to effect the purposes of the foregoing resolutions and to cause compliance by the Agency with all the terms, covenants and provisions of the documents for and on behalf of the Agency.                                   

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:           

            Ira Steingart                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

            Harold Gold                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain     

            Edward T. Sykes                    [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

            Suzanne Loughlin                   [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

            Charles Barbuti, Jr.                 [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

            Harris Alport                           [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

            Steve White                            [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

            Sandy Shaddock                     [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain

            Sean Rieber                             [    ] Yes         [    ] No        [    ] Absent        [    ] Abstain