Village Board Minutes

November 18, 2009 (29)

A regular meeting of the Village Board was held November 18, 2009 at 6:00 PM in the firehouse, 16 Saratoga Ave.

Mayor Winslow called the meeting to order and Karen Saunders led the Pledge of Allegiance.

Roll Call: Trustee Denno, Trustee Densmore, Trustee Enekes & Trustee Lescault were present.

Motion by Trustee Denno, seconded by Trustee Enekes approved the minutes of regular meeting November 4, 2009 as typed.
Carried – 4 – 0

DEPARTMENT REPORTS

CLERK/TREASURER – Clerk/Treas Colson was present, report for 11/18/09 read & filed.

Motion by Trustee Lescault, seconded by Trustee Densmore approved payment of abstract #11: Payroll $27,606.63; General $31,774.37; Water $117.34; Sewer $5,242.85; Community Development $12,954.00; and Reserves $220.00.
Carried – 4 – 0

FIRE DEPARTMENT - Chief Kelley was excused.

DPW/WATER/WWTP – Supt Lozier was excused.

BUILDING INSPECTOR – Insp Jacon was present, report for 11/5/09 – 11/18/09 was read & filed.

Insp Jacon stated repairs at Adam Lawrence Apartments are progressing and the new management company is making positive changes and keeping him updated on improvements.

ATTORNEY – Atty Auffredou was present, report for 11/18/09 read & filed.

The ZBA will hold a public hearing on 4 Saratoga Ave, the Inovlotska property on December 9.

The Planning Board will continue the public hearing on the Dumont Main St property on November 19.

Atty Auffredou stated Supt Lozier has submitted a list of alleyways to be affected by the proposed speed limit change.  Atty Auffredou will have a draft law at the next meeting.

OLD BUSINESS

Alex Rhodes of CT Male will attend the next Board meeting to discuss GWUDI.

Dissolution/Shared Services Committee will next meet Monday November 23 at 6:00 PM in the firehouse.

Mayor Winslow requested an executive session for a briefing from Atty Auffredou on the status of the Main St property agreement.

NEW BUSINESS

The Hometown Christmas holiday parade and celebration will be December 5; full details are on the website.

PUBLIC COMMENTS, QUESTIONS & CONCERNS

Jim Murray read the Board a letter he submitted opposing issuing an extension to the site clean-up agreement at the Densmore’s Main St property, the letter is on file at the Village Hall.  Mr. Murray asked if Mr. Dumont has requested an extension; he has not.

Karen Saunders stated her opposition to granting the Densmore’s request for an extension.

Ray Bush stated the Planning Board meetings have been quite full and recommended the maximum occupancy be posted for the new Village Hall.

Bob Hudak questioned the status of Jason Longton vs. Village of Corinth.  The court ordered settlement has been paid; exact amounts were not readily available but can be obtained from the Clerk/Treasurer’s office.  Atty Auffredou advised no further comment on the matter.

BOARD QUESTIONS, COMMENTS & CONCERNS – none.

Trustee Densmore was excused, 6:20 PM.

Motion by Trustee Lescault, seconded by Trustee Denno approved adjournment to executive session to discuss potential litigation involving the Densmore Main Street property as requested by Mayor Winslow, 6:20 PM.
Carried – 3 – 0

At 7:05 PM the Board reconvened.  Legal options were discussed with the attorney regarding potential default under the Site Clearance Agreement for the Densmore property in executive session, no action was taken.

Frank Salvagni and Jeanne Forkeutis from UBS Financial Services briefed the Board on the performance of the investments for the Volunteer Firefighter’s Length of Service Award Program.  Mr. Salvagni reported the investments had been affected by the drop in the stock market, but are still exceeding performance objectives.  Ms. Forkeutis outlined the tactical changes to the program UBS proposed:
1.            Replace BlackRock Aurora Portfolio (Mid Cap) with Janus Small Cap Value Class J
2.            Replace Managers Bond Fund with BlackRock GNMA Fund to shorten bond duration and increase credit quality
3.         Invest $14,750 in PACE mutual funds to bring equities to 35%
4.         Invest $24,000 in CDs

At 7:30 PM Trustee Denno was excused.

Motion by Trustee Lescault, seconded by Trustee Enekes authorized the mayor to execute any and all necessary documents to enact changes to the LOSAP investments suggested by Frank Salvagni and Jeanne Forkeutis.
Carried – 3 – 0

ADJOURNMENT

Motion by Trustee Lescault, seconded by Trustee Enekes that Board adjourn, 7:38 PM.
Carried – 3 – 0

Nicole M. Colson
Clerk/Treasurer