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

DRAFT – SUBJECT TO REVIEW AND REVISION
assess an amount to each public authority for the recovery of central governance services. This
fee, Ms. Mize continued, is expected to remain at $3.45 million.
Ms. Mize went on to explain, that if following the adoption of the State’s fiscal year
2012-2013 budget, changes are required, a modified operating budget will be presented to the
Directors at a later date.
Ms. Mize then stated that authorization is also being sought to approve the fiscal year
2012-2013 non-programatic capital expense budget in the amount of $624,000 which will
support the purchase of network equipment and related software, modifications to ESD’s
website, software licenses and upgrades to dated communications equipment.
Following the full presentation, the Chair called for questions or comments. Hearing
none, and upon motion duly made and seconded, the following resolution was unanimously
adopted.
NEW YORK STATE URBAN DEVELOPMENT CORPORATION – (the “Corporation”)
Authorization to Adopt Annual Operating Budget
RESOLVED, that the Corporation hereby adopts the Annual Operating Budget for FY 2012-2013
including subsidiary operating support and approves the Non-Programmatic Capital Expense
Budget for FY 2012-2013, based upon the materials presented to this meeting, a copy of which
is hereby ordered filed with the records of the Corporation; and be it further
RESOLVED, that the proper corporate officers be, and they hereby are, authorized to take
related actions as he or she may, in his or her sole discretion, deem necessary or proper to
effectuate the foregoing.
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