The Village of Green Island Industrial Development Agency meetings are held on the 3rd Wednesday of every month, at 3:00 P. M., at the Green Island Municipal Center. Please click the links below to view the minutes from previous monthly meetings.
View previously recorded meeting livestreams:
10/21/20 meeting livestream
1/20/21 meeting livestream
3/17/21 meeting livestream
5/19/21 meeting livestream
10/20/21 meeting livestream
11/17/21 Public Hearing livestream
11/22/21 meeting livestream
12/15/21 meeting livestream
1/19/22 Public Hearing and meeting livestream
2/16/22 meeting livestream
5/18/22 meeting livestream
7/6/22 meeting livestream
10/19/22 meeting livestream
02/15/23 meeting livestream
05/17/23 meeting livestream
07/20/23 meeting livestream
8/17/23 Public Hearing and Meeting livestream
10/11/23 meeting livestream
11/15/23 meeting livestream
1/17/24 meeting livestream
3/20/24 meeting livestream
8/28/24 meeting livestream
9/20/24 meeting livestream
10/16/24 Public Hearing and meeting livestream
MEETING MINUTES
Click HERE to view minutes for 9/20/24
Click HERE to view minutes for 8/28/24
No meeting July 2024
No meeting June 2024
No meeting May 2024
No meeting April 2024
Click HERE to view minutes for 3/20/24
No meeting February 2024
Click HERE to view minutes for Annual and Committee meetings held 1/17/24
Click HERE to view minutes for regular meeting held 1/17/24
No meeting December 2023
Click HERE to view minutes for 11/15/23
Click HERE to view minutes for 10/11/23
No meeting September 2023
Click HERE to view minutes for Public Hearing and Regular Meeting held 8/17/23
Click HERE to view minutes for 7/20/23
No meeting June 2023
Click HERE to view minutes for 5/17/23
No meeting April 2023
No meeting March 2023
Click HERE to view minutes for Regular, Annual and Committee Meetings held 2/15/23
No meeting 1/18/23
No meeting 12/21/22
No meeting 11/16/22
Click here to view minutes for 10/19/22
No meeting – 9/21/22
No meeting – 8/17/22
No meeting – 7/20/22
Click here to view minutes for Special Meeting held 7/6/22
No meeting – 6/15/22
Click here to view minutes for 5/18/22
No meeting – 4/20/22
No meeting – 3/16/22
Click here to view minutes for 2/16/22
Click here to view minutes for 1/19/22 Public hearing and regular meeting
Click here to view minutes for 12/15/21 Annual, Regular and Committee
Click here to view minutes for 11/22/21 Finance Committee and Regular
Click here to view minutes for 11/17/21 public hearing
Click here to view minutes for 10/20/21
No meeting – 9/15/21
No meeting – 8/18/21
No meeting – 7/21/21
No meeting – 6/16/21
Click here to view minutes for 5/19/21
No meeting – 4/21/21
Click here to view minutes for 3/17/21
No meeting – 2/17/21
Click here to view minutes for 1/20/21 Annual, Regular and Committee
No meeting – 12/16/20
No meeting – 11/18/20
Click here to view minutes for 10-21-20
No meeting – 9/16/20
No meeting – 8/19/20
No meeting – 7/15/20
No meeting – 6/17/20
Click here to view minutes for 5-20-20
No meeting – 4/15/20
Click here to view minutes for 3-18-20
Click here to view minutes for 2-19-20
Click here to view minutes for 12-18-19 Annual, Regular and Committee
No meeting 11/20/19
Click here to view minutes for 10/16/19
No meeting – 9/18/19
No meeting – 8/21/19
No meeting – 7/17/19
Click here to view minutes for 6-19-19
Click here to view minutes for 5-15-19
No meeting – 4/17/19
Click here to view minutes for 3-20-19
Click here to view minutes for 2-20-19
Click here to view minutes for 2-12-19 Public Hearing
Click here to view minutes for 1-16-19
Click here to view minutes for 12-19-18 Annual, Regular and Committee meetings
Click here to view minutes for 11-21-18
Click here to view minutes for 10-17-18
Click here to view minutes for 9-19-18
No meeting – 8/15/18
No meeting – 7/18/18
No meeting – 6/20/18
No meeting – 5/16/18
Click here to view minutes for 4/18/18
Click here to view minutes for 3/21/18
Click here to view minutes for 12/20/17 Annual, Regular and Committee meetings
Click here to view minutes for 12/15/17 Public Hearing
Click here to view minutes for 11/29/17 Special Meeting
No Meeting – 11/15/17
Click here to view minutes for 10/18/17
No Meeting – 9/20/17
No Meeting – 8/16/17
No Meeting – 7/19/17
No Meeting – 6/21/17
Click here to view minutes for 5/17/17
No Meeting – 4/17/17
Click here to view minutes for 3/15/17 meeting
No Meeting – 2/15/17
No Meeting – 1/18/17
Click here to view minutes for 12/21/16 Annual, Regular and Committee meetings
No Meeting – 11/16/16
Click here to view minutes for 10/19/16
No Meeting – 9/21/16
No Meeting – 8/17/16
No Meeting – 7/20/16
Click here to view minutes for 6/15/16 meeting
Click here to view minutes for 3/16/16 meeting
Click here to view minutes for 2/17/16 meeting
Click here to view minutes for 12/16/15 Annual, Regular and Committee meetings
Click here to view minutes for 12/16/15 Public Hearing
Click here to view minutes for 11/18/15 meeting
Click here to view minutes for 10/21/15 meeting
Click here to view minutes for 6/17/15 meeting
Click here to view minutes for 3/18/15 meeting
Click here to view minutes for 12/17/14 Annual, Regular, and Committee meetings.
No Meeting – 11/19/14
Click here to view minutes for 10/15/14 meeting.
No Meeting – 9/17/14
Click here to view minutes for 8/20/14 meeting.
No Meeting – 7/16/14
No Meeting – 6/18/14
Click here to view minutes for 5/28/14 meeting.
No Meeting – 4/16/14
Click here to view minutes for 3/19/14 meeting.
No Meeting – 2/19/14
No Meeting – 1/15/14
Click here to view minutes for 12/18/13 Annual, Regular, and Committee meetings.
Click here to view minutes for 11/20/13 meeting.
Click here to view minutes for 10/16/13 meeting.
No Meeting – 9/18/13
No Meeting – 8/21/13
No Meeting – 7/17/13
No Meeting – 6/19/13
Click here to view minutes for 5/15/13 meeting.
Click here to view minutes for 4/17/13 meeting.
Click here to view minutes for 3/20/13 meeting.
Click here to view minutes for 2/20/13 meeting.
Click here to view minutes for 1/16/13 meeting.
Click here to view minutes for 12/19/12 Annual Meeting.
Click here to view minutes for 11/21/12 meeting.
Click here to view minutes for 10/17/12 meeting.
Click here to view minutes for 09/19/12 meeting.
Click here to view minutes for 08/20/12 meeting (08/15/12 cont.).
Click here to view minutes for 08/15/12 meeting.
Click here to view minutes for 08/08/12 public hearing minutes.
Click here to view minutes for 07/18/12 meeting.
Click here to view minutes for 06/20/12 meeting.
Click here to view minutes for 05/16/12 meeting.
Click here to view minutes for 04/18/12 meeting.
Click here to view minutes for 03/21/12 meeting.
Click here to view minutes for 02/15/12 meeting.
Click here to view minutes for 01/19/12 meeting.
Click here to view minutes for 12/21/11 meeting.
Click here to view minutes for 11/16/11 meeting.
Click here to view minutes for 10/19/11 meeting.
Click here to view minutes for 09/21/11 meeting.
Click here to view minutes for 08/17/11 meeting.
Click here to view minutes for 07/20/11 meeting.
Click here to view minutes for 02/16/11 meeting.
Click here to view minutes for 12/15/10 meeting.
Click here to view minutes for 10/20/10 meeting.
Click here to view minutes for 6/16/10 meeting.
Click here to view minutes for 4/21/10 meeting.
Click here to view minutes for 3/17/10 meeting.
Click here to view minutes for 2/17/10 meeting.
Click here to view minutes for 10/21/09 meeting.
Click here to view minutes for 6/17/09 meeting.
Business Processes and Internal Control
Cash Receipts and Disbursements
All bank account activity is reviewed daily by the CFO or Assistant to the CFO. This is done through Internet banking with Catskill Hudson Bank (CHB), the village’s only active depository.
Every business day the CFO or Assistant to the CFO accesses the IDA’s bank accounts over the Internet and reviews the balances and activity to determine if any unintended activity has occurred. Any unexplained activity is researched and resolved immediately.
IDA cash receipts are prepared for deposit by the CFO or the Assistant to the CFO. These are nominal in number and involve only a handful of deposits each year. The only material sources of income are administrative fees for IDA project financing and sale of IDA land. The actual deposit of funds is made by an individual not involved in any IDA functions. This individual works for another Village entity.
IDA disbursements are handled by the Assistant to the CFO. Invoices are prepared by this individual, approved for payment by the CEO or CFO and the checks are signed by the CFO or Assistant to the CFO. All disbursements (mailings) are picked up daily by the US Post Office.
All bank accounts (Checking and Savings) are reconciled monthly by the Assistant to the CFO and reviewed by the CFO.
Capitalization Policy
All employees of the IDA are also employees of the Village. As employees of the Village these employees occupy office space and use equipment that is owned by the Village.
The IDA has set it capitalization threshold at $2,000. Individual expenses in excess of this amount will be included in a fixed asset inventory (none at the present time).
Dissemination of Financial Information to Board & Senior Staff
In the normal course of business the CFO or Assistant to the CFO emails (monthly) the Members and IDA staff monthly financial statements and other related information required to keep them updated on IDA financial activities. These financial statements are reviewed at the monthly Members meetings.
Assessment of Effectiveness of Internal Control
Based on the above information the Authority considers its internal control to be sufficient to detect any fraud or material impropriety.
Personal and Real Property Transactions
Village of Green Island IDA | ||||
Real Property Transactions | ||||
Date of Sale | Address of Property | Sales Price | Seller | Purchaser |
11/10/2022 | Portion (10.75 acres) of old Ford Motor Co. property (Tibbits Ave) | $275,000 | Village of Green Island IDA | Blue Building, LLC |
2023 Real Property Report
2023 Investment Report
Organizational Chart
Click HERE to view the IDA organizational chart.