Town of Hempstead
LOCAL DEVELOPMENT CORPORATION MEETING
December 8, 2016 10:00 AM
Courtroom, 350 Front Street, Hempstead

Agenda: Executive Director’s Report, Consideration and Adoption of the 2016 Meeting Schedule, Consideration and Adoption of a Resolution to continue the LDC 2016 Advertising Contract with Bluetooth Creative Group, Consideration and Adoption of a Resolution to continue the LDC Accounting Contract with Sheehan and Co. for 2016, Consideration and Approval of the Minutes of the November 18, 2015 Board Meeting, Financial Statement and Expenditure List Treasurer Review, November 12, 2015 – December 9, 2015

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

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

                                     
                                                                         
Excused:                       William Weir, Nixon Peabody, Transaction Counsel

                                       

                                                                                                                                                    

The Meeting was called to order at 11:11 a.m.       
The Chairman confirmed a quorum was present. 

Consideration and Adoption of LDC 2017 Accounting Contract with Sheehan and Co.: A motion was made by Steven Raiser to adopt the 2017 LDC Accounting Contract With Sheehan and Co. in an amount not to exceed $8,800.00 for the 2016 Audit. This motion was seconded by William Hendrick. All were in favor. Motion carried.

Consideration of a Resolution to appoint the LDC Officers for 2017:
A motion was made by William Hendrick to adopt a resolution appointing the LDC Officers. This motion was seconded by Steven Raiser. All were in favor. Motion carried. 
Chairman, Arthur J. Nastre
Vice Chairman, William Hendrick
Treasurer, Florestano Girardi
Secretary, Eric Mallette

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

Minutes of the October 26, 2016 Meeting: A motion was made by Eric Mallette to adopt the minutes of the October 26, 2016 meeting. This motion was seconded by William Hendrick. 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 October 20, 2016 – December 1, 2016.

With all business concluded, William Hendrick made a motion to adjourn the meeting at 11:16 p.m.  This motion was seconded by John Ferretti.  All were in favor.  Motion carried. 

________________________________________
Eric Mallette, Secretary December 21, 2016