MEETING MINUTES - DECEMBER 2015

MINUTES

BOARD OF DIRECTORS MEETING
DECEMBER 9, 2015

I.     CALL MEETING TO ORDER

Lisa Daily called the meeting to order at 4:04pm

II. ATTENDANCE

Board Members Present:

Michael Ciaravino
Lisa Daily
Deirdre Glenn
Karen Mejia
Kevin White
David Potack
Fred Visconti          
Paul Halayko

Board Members Absent:

Andre Niles
Joe Surace

III. APPROVE OCTOBER 2015 MEETING MINUTES

Discussion: Fred Visconti mentioned that a discussion regarding the formation of committees such as a finance committeewas not reflected in the Minutes. Madeline Fletcher responded that we can revisit that topic in January and that she would determine which committees we need and their roles.

Resolution: David Potack moves to approve October 2015 amended meeting minutes.
Second: Kevin White   Vote: Favor: ALLOpposed:---

IV. ORGANIZATIONAL MATTERS

a.     Monthly Financial Reports

Discussion: Members of the board would like to see a break down of expenses every month by property. In addition they would like a snapshot of cumulative expenditures by property in addition to the total budget for each project/building. Paul Halayko mentioned that it would be helpful to highlight current projects and the relative expenditures.

Resolution: Paul Halayko moves to approve the October and November 2015 cash flow reports as presented. Second: Deirdre Glenn   Vote: Favor: ALLOpposed:---

b.     Board Member Possibilities:

Nancy Layne and Luis Aviles are both interested in joining the Board.

Discussion: The Board decided to table the discussion about new board members until more candidates are found. Board members expressed interest in finding a board member that had experience in the building/contracting feels in addition to someone in real estate.

V. QUALIFIED CONTRACTOR PROCESS UPDATE BASED ON NOVEMBER MEETING

a.     Open the process again?

Discussion: 6 board members held a special meeting in November to review a list of qualified contractors. Because there were so few Madeline Fletcher suggests that the board vote to open up the request for qualified contractors. Kevin White said that he will reach out to contractors in the City of Newburgh and work with them so that they can become qualified and get the necessary lead and asbestos certifications. Madeline Fletcher will also work with Quest to develop a spec form.

VI. 46 DUBOIS ST- APPRAISED VALUE $99,000.

Discussion: The proposed purchaser offered to only pay $45,000. The board decided that the NCLB should hold off on selling 46 Dubois until we have a buyer that will pay at or nearer the appraised value, they think that sets a bad precedent.

Resolution: David Potackmoves to not decline the offer of $45,000 for the purchase of 46Dubois St.
Second: Lisa Daily  Vote: Favor: ALLOpposed:---

VII. ANNUAL REVIEW FOR 2015

In January, the Board would like to see an update of where the projects of the Land Bank stand. Madeline and the Land Bank staff will work on reporting out to reflect progress of 2015.

VIII. DOWNING PARK UPDATE

Discussion: Marcel Barrick has been working on an Urban Farm project at the former greenhouse site in Downing Park. The City of Newburgh has funded the creation of three positions dedicated to work on project to bring back a modern greenhouse outfitted with hydroponic growing system, in addition to raised beds. The plan at this point is to raise enough money to develop the sites, and use the facility as an educational tool and center for urban agriculture. The plan is still very much in its infancy but has support from the downing park planning commission as well as City of Newburgh staff. The website for the project will have updates about information sessions and brown bag lunches.

VIX. NEXT MEETING

January 20, 2016 (4:00 pm-5:30 pm).