Town of Hempstead
LOCAL DEVELOPMENT CORPORATION MEETING
December 21, 2016 10:00 AM
Courtroom, 350 Front Street, Hempstead

Agenda: Consideration and Support of the Hofstra Distinguished Lecture Series for 2016/2017, Consideration of a Resolution the Appoint the new LDC Committee Members, Consideration and Adoption of 2017 LDC Meeting Schedule, Consideration and approval of the Minutes for December 8, 2016, Financial Statement and Expenditure List Treasurer Review, December 2, 2016 – December 15, 2016

Those in attendance: 	   Arthur J. Nastre, Chairman
                                       William Hendrick, Vice Chairman
                                       Florestano Girardi, Treasurer    
                                       Eric C. Mallette, Secretary
                                       John Ferretti, Member
                                       Steven Raiser, Member

                                        
Also in attendance:       Frederick E. Parola, Executive Director/CEO	
                                      Michael Lodato, Deputy Agency Administrator    
                                      Edie M. Longo, Deputy Executive Director/CFO
                                      William Weir, Nixon Peabody, Transaction Counsel
                                      John E. Ryan, Corporation Counsel            

                                     
                                                                         
Excused:                       Cheryl Petri, Member

                                     

     

The Meeting was called to order at 10:45 a.m.       
The Chairman confirmed a quorum was present. 

Consideration of a Resolution supporting the Hofstra 2016/2017 Distinguished Lecture Series
No motion was made to support the Hofstra Distinguished Lecture Series of 2017. This will be revisited next year. 

Consideration of a Resolution to appoint the LDC Committee Members
A motion was made by John Ferretti to adopt a resolution appointing the LDC Committee Members. This motion was seconded Bill Hendrick. All were in favor. Motion carried.

Consideration and Adoption of the 2017 LDC Meeting Schedule
A motion was made by Eric Mallette to adopt a resolution outlining the 2017 LDC Meeting Schedule. This motion was seconded Bill Hendrick. All were in favor. Motion carried.

Minutes of the December 8, 2016 Meeting: A motion was made by Florestano Girardi to adopt the minutes of the December 8, 2016 meeting. This motion was seconded by John Ferretti. All were in favor. Motion carried.

Financial Statements & Expenditure Report: The Board was furnished with a copy of the Financial Statements and Expenditure List for December 2, 2016 – December 15, 2016.

With all business concluded, William Hendrick made a motion to adjourn the meeting at 11:00 a.m.  This motion was seconded by Steven Raiser.  All were in favor.  Motion carried. 

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Eric C. Mallette, Secretary January 26, 2016