October 12, 2018
2018-10-12T10:00:00
Plattsburgh Public Library - Smart Meeting room
19 Oak Street
Plattsburgh, NY 12901
Lake City Local Development Corporation Board Meeting
Friday, October 12, 2018
Lake City Local Development Corporation
Community Development Office City Hall Plattsburgh NY 12901 (518)563-7642
Fax (518)563-4208
Board Meeting
October 12, 2018
10:00 AM – Meeting Location: Public Library Smart Meeting Room
AGENDA
1. Call to Order
2. President’s Update
a. Recommendation to dissolve the Lake City Local Development Corporation
i. Difficulty of re-compliance with ABO through PARIS submissions
ii. Onerous rules associated to LDC
iii. Lack of Support to the Revolving Loan Fund from Mayor and Council
iv. Need to “put to bed” the entity in official capacity
1. Let’s not let this happen to others in the future
2. Starting a new LDC / not-for-profit LLC is MUCH easier
3. Executive Director’s Update
4. Vote to direct funds remaining after dissolution
5. Vote to Dissolve the Corporation
6. Adjourn