Organizational Meeting – Friday February 23, 2018

MINUTES of the MEETING
of the BOARD of DIRECTORS

Friday – February 23, 2018 – Immediately following the Membership Meeting
34 West Fulton Street Gloversville, New York

Directors Present: Gregory Fagan, Leslie Ford, Kent Kirch, Ronald Olinsky (via conference call), Geoffrey Peck, Grant Preston, and Jim Selmser.

Directors Absent: Travis Mitchell and Scott Hohenforst

Staff Present: Ronald Peters and Sarah Egan

Guests: John Blackmon, Fulton County Liaison; Michael Albanese, Esq. Legal Counsel

Organizational Meeting

Call to Order / Introductions/Meeting Minutes:
Chair Greg Fagan called the meeting to order at 10:19 a.m.

Election of Officers

CRG Board:

The current slate of officers is as follows:

• Gregory Fagan, Chair
• Geoffrey Peck, Vice Chair
• Ronald Olinsky, Treasurer
• James Selmser, Secretary

The proposed slate of officers for 2018 is:

• Geoffrey Peck, Chair
• Kent Kirch, Vice Chair
• Ronald Olinsky, Treasurer
• Leslie Ford, Secretary

James Selmser made a motion to approve the slate of officers as proposed. Grant Preston seconded the motion and it passed unanimously.

Population of Subordinate Boards

Fulton County Economic Development Corporation:

The following members were then proposed to populate EDC’s Board of Directors:

• Gregory Fagan
• Geoffrey Peck
• Grant Preston
• Todd Rulison
• Dustin Swanger
• Jack Wilson

Ron Peters noted that the EDC will be more of a commitment with the loan pool and that there will be more things to accomplish before the EDC is dissolved.

Geoffrey Peck made a motion to accept this slate of directors as proposed. Leslie Ford seconded the motion and it passed.

Crossroads Incubator Corporation:

The following members were then proposed to populate CIC’s Board of Directors:

• Kent Kirch
• Ronald Olinsky
• James Selmser
• Dustin Swanger
• Jack Wilson

Ron Peters noted that in 2018, there is only one property left to sell and then the CIC will dissolve. With CIC dissolving soon, James Selmser will remain on the Board until it dissolves.

Kent Kirch made a motion to accept this slate of directors as proposed. Grant Preston seconded the motion and it passed.

City of Gloversville Loan Committee:

The following members were then proposed to populate the City of Gloversville Loan Committee:

• Scott Hohenforst
• Geoff Peck
• James Selmser

Ron Peters stated that Scott and James will be remaining on the committee.

Meeting Adjournment

At 10:32 a.m. Greg Fagan asked for a motion that the Board adjourn the meeting as all agenda items had been discussed. The motion was made by James Selsmer and seconded by Geoffrey Peck before it was passed.

Respectfully Submitted,

________________________________ _________________
Leslie Ford, Board Secretary Date