NEW YORK STATE URBAN DEVELOPMENT CORPORATION d/b/a ...

DRAFT – SUBJECT TO REVIEW AND REVISION
Institute in Dutchess and St. Lawrence Counties.
Ms. Lippowitsch explained that the $5,000,000 grant related to this project was
approved in March of 2007. Following said approval, Ms. Lippowitsch explained, Beacon
changed its corporate structure to a membership not-for-profit corporation with Clarkson
University as the sole member. The action of adding Clarkson University as the beneficiary Ms.
Lippowitsch noted, does not involve the authorization of new funding.
Ms. Lippowitsch then noted that the final project involves a grant of $2,000,000 to Ohel
Children’s Home and Family Services for capital improvements to its Camp Kaylie in Sullivan
County.
Following the full presentation, the Chair called for questions or comments. Hearing
none, and upon motion duly made and seconded, the following resolution was adopted:
Anticipated 2012-2013 New York State Budget Appropriation - Findings and
Determinations Pursuant to Section 10 (g) of the Act; Authorization to Adopt the
Proposed General Project Plan; Authorization to Enter into Participation Agreements
with Founding Members; Authorization to Enter into Investment Agreement with IBM;
Authorization to Make Grant(s) and to Take Related Actions
______________________________________________________________________________
RESOLVED, that on the basis of the materials presented to this meeting, a copy of which is
hereby ordered filed with the records of the Corporation, relating to the Anticipated 2012-13
New York State Budget Appropriation project (the “Project”), the Corporation hereby
determines pursuant to Section 10 (g) of the New York State Urban Development Corporation
Act of 1968, as amended (the “Act”), that there are no families or individuals to be displaced
from the project areas; and be it further
RESOLVED, that the Corporation does hereby adopt, subject to the requirements of
13