TOWN OF COLONIE
INDUSTRIAL DEVELOPMENT AGENCY [IDA]
LOCAL DEVELOPMENT CORPORATION [LDC]


                            IDA/LDC BOARD MEETING
                       MONDAY, SEPTEMBER 20, 2021 at 6:00 p.m.
                             MEMORIAL TOWN HALL


   1. Call to Order [IDA/LDC]
         a. Roll Call
   2. Public Comment [IDA/LDC]
   3. Reading and Approval of Minutes [IDA/LDC]
         a. *July 19, 2021 [IDA/LDC]
   4. Report of Officers [IDA/LDC]
         a. Chair
         b. CEO/Executive Director
                  i. Staff Activity Report/Project Updates (Memo 21-09)
                 ii. IDA and LDC fee study and recommendations (Memo 21-10)
                iii. Annual Chamber Dinner, September 30 at 5:30 p.m.
                iv. NYSEDC Annual Meeting, September 28 – 30, Cooperstown
         c. CFO
                  i. 2021 Proposed Budget Amendments
                 ii. 2022 Proposed Budget
   5. Report of Committees [IDA/LDC]
         a. Audit
         b. Finance
                  i. Receipt of 2021 Proposed Budget Amendments, recommendation in
                     October.
                 ii. Receipt of 2022 Proposed Budget, recommendation in October.
         c. Governance
                  i. Receipt of fee study, recommendation in October.
   6. Standard Order of Business [IDA/LDC]
         a. Unfinished Business
         b. New Business
                  i. *Review and evaluate potential recapture of benefits associated with the
                     One Mustang Drive II, LLC project. (Memo 21-11)
                 ii. *Proposed resolution regarding the ratification of a new LDC collateral
                     agreement.
   7. Adjournment [IDA/LDC]


* - Indicates anticipated Board action.