Town of Hempstead
LOCAL DEVELOPMENT CORPORATION
May 18th, 2016 10:00 AM
Courtroom, 350 Front Street, Hempstead
MEETING

Agenda:  Consideration and Re-Adoption of the LDC By-Laws, Consideration and Re-Adoption of the LDC Travel Policy, Consideration and Re-Adoption of the LDC Code of Conduct/Whistle Blower Policy, Consideration and Re-Adoption of the LDC Conflict of Interest Policy, Consideration of a Resolution appointing the Long Island Business News as the Corporation’s Official publication for public hearing notices. Consideration and approval of the Minutes of March 29th, 2016, Consideration and approval of the Minutes of April 27th, 2016. Financial Statements & Expenditures List: March 23rd, 2016 – May 11th, 2016

Those in attendance: 	Ted Sasso, Chairman
                                       Ari Brown, Vice Chairman
                                       Jonathan Kohan, Treasurer      
                                       Cheryl Petri, Secretary
                                       Dan Grodotzke, Member
                                       Ann DeMichael, Member

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

Excused:                                                     
                                                                                                                           
The Meeting was called to order at 10:55 a.m.       

The Chairman confirmed a quorum was present. 

Consideration and Re-Adoption of the LDC By-Laws: A motion was made by Ted Sasso to re-adopt the LDC By-Laws. This motion was seconded by Cheryl Petri. All were in favor. Motion Carried. 

Consideration and Re-Adoption of the LDC Travel Policy: A motion was made by Ted Sasso to re-adopt the LDC Travel Policy. This motion was seconded by Ari Brown. All were in favor. Motion Carried. 

Consideration and Re-Adoption of the LDC Code of Conduct/Whistle Blower Policy: A motion was made by Dan Grodotzke to re-adopt the Code of Conduct/Whistle Blower Policy. This motion was seconded by Ann DeMichael. All were in favor. Motion Carried. 

Consideration and Re-Adoption of the LDC Conflict of Interest Policy: A motion was made by Ted Sasso to re-adopt the Conflict of Interest Policy. This motion was seconded by Ari Brown. All were in favor. Motion Carried. 

Consideration of a Resolution appointing Long Island Business News as the Corporation’s Official publication for public hearing notices: A motion was made by Ted Sasso to adopt a Resolution appointing the Long Island Business News as the Corporation’s Official publication for public hearing notices.. This motion was seconded by Ari Brown. All were in favor. Motion Carried. Newsday may be used at the discretion of the staff.

Minutes of the March 29, 2016 Meeting: A motion was made by Jonathan Kohan to adopt the minutes of the March 29, 2016 meeting. This motion was seconded by Dan Grodotzke. All were in favor. Motion carried.

Minutes of the April 27, 2016 Meeting: A motion was made by Ted Sasso to adopt the minutes of the April 27, 2016 meeting. This motion was seconded by Ari Brown. 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 March 23rd, 2016  – May 11th, 2016.

With all business concluded, Ted Sasso made a motion to adjourn the meeting at 11:00 a.m.  This motion was seconded by Dan Grodotzke.  All were in favor.  Motion carried.

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Ted Sasso, August 24, 2016