Resolution RMAP Loan/Grant to Prohibition Distillery LLC

    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 May 11, 2015 at 11:00 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                            [          ]                       [          ]

    Edward T. Sykes                    [          ]                       [          ]

    Suzanne Loughlin                  [          ]                       [          ]

    Charles Barbuti, Jr.                [          ]                       [          ]

    Sandy Shaddock                     [          ]                       [           ]

    Sean Rieber                             [          ]                       [          ]

    Howard Siegel                        [          ]                       [           ]

    Carol Roig                               [          ]                       [           ]

    Paul Guenther                        [          ]                       [           ]

     

    The following persons were also present:

    Steve White, Chief Executive Officer

    Jennifer C.S. Brylinski, Agency Executive Director

    Jennifer M. Flad, Agency Vice-President of Government Affairs and

    Business Development

    Walter F. Garigliano, Agency General Counsel

     

    The following resolution was duly offered by _______________________________, and seconded by ___________________________, to wit:

     

    Resolution No. ____ – 15

    RESOLUTION AUTHORIZING AND APPROVING A RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM LOAN TO PROHIBITION DISTILLERY LLC

    WHEREAS, on June 12, 2012, the Agency adopted program guidelines for its Rural Microentrepreneur Assistance Program (“RMAP”); and

    WHEREAS, on June 20, 2012, Prohibition Distillery LLC submitted an RMAP application to the Agency for a loan in the principal amount of $50,000.00 and a proposal for a $19,400 grant; and

    WHEREAS, on April 28, 2015, the RMAP committee reviewed the application and recommended approval of the loan and the grant; and

    WHEREAS, the Agency wishes to lend $50,000 and $19,400 as a grant from the RMAP to Prohibition Distillery LLC from the RMAP.

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

    Section 1.        The Agency hereby approves a $50,000 loan and $19,400 as a grant from the RMAP to Prohibition Distillery LLC from the RMAP.

    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 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:

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

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

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

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

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

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

    Howard Siegel                        [    ] Yes         [   ] No       [   ] Absent       [   ] Abstain

    Carol Roig                               [   ] Yes         [   ] No       [   ] Absent       [   ] Abstain

    Paul Guenther                       [   ] Yes         [   ] No       [   ] Absent       [   ] Abstain

    The resolutions were thereupon duly adopted.

     

    STATE OF NEW YORK       :

    :ss.:

    COUNTY OF SULLIVAN   :

     

    I, the undersigned Secretary (Assistant) 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.
    1. Such resolution was passed at a meeting of the Agency duly convened in public session on the 11th day of May, 2015 at 11:00 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

    Ira Steingart                            [          ]                       [          ]

    Edward T. Sykes                    [          ]                       [          ]

    Suzanne Loughlin                   [          ]                       [          ]

    Charles Barbuti, Jr.                 [          ]                       [          ]

    Sandy Shaddock                     [          ]                       [           ]

    Sean Rieber                             [          ]                       [          ]

    Howard Siegel                       [          ]                       [           ]

    Carol Roig                               [          ]                       [           ]

    Paul Guenther                        [          ]                       [           ]

    The question of the adoption of the foregoing resolution was duly put to a vote on roll call which resulted as follows:

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

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

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

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

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

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

    Howard Siegel                        [   ] Yes         [   ] No       [   ] Absent       [   ] Abstain

    Carol Roig                               [  ] Yes         [   ] No       [   ] Absent       [   ] Abstain

    Paul Guenther                        [   ] Yes         [   ] No       [   ] Absent       [   ] Abstain

    and therefore, the resolution was declared duly adopted.
    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 11th day of May, 2015.

     

    _____________________________________
    Secretary

     

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