June 2025 Meeting Minutes

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1. Meeting called to order by President Eric Constance @ 11:50 @ the Boathouse Restaurant.
2. Sackets Harbor LDC Members present: Eric Constance, Mike Hoagland, Karyn Carbone, John Deans and Pete Daly.
3. Sackets Harbor Village Board Members present: Alex Morgia and Gregg Townsend.
4. Minutes from the regular meeting of April 25, 2025 were reviewed. Alex Morgia made a motion to approve the minutes as written. Pete Daly seconded the motion and all were in favor and carried.
5. Treasurer's report was given by Jim Yuhas. Pete Daly made a motion to accept the Treasurer's report as presented. John Deans seconded this motion and all were in favor and approved.
6. Corporate Resolutions: (see attached) Corporate Resolution #2025-1: Directors to the Corporate BOD. Eric Constance introduced this resolution and Mike Hoagland seconded. All in favor and carried. Corporate Resolution #2025-2: Appointing Officers. Eric Constance introduced this resolution and Karyn Carbone seconded. All in favor and carried. Corporate Resolution #2025-3: Appointing Members. Eric Constance introduced this resolution and Pete Daly seconded. All were in favor and carried.
7. Audit: Audit and Federal Tax returns were reviewed and approved.
8. Charity 500 Report: This report has been completed and submitted.
9. Foreclosure on the Stone Hospital: This action is proceeding. There was some discussion on a potential buyer Rick Koch. Koch has proposed buying the hospital for our total costs in the building. Dave Alteri, through Attorney Bogden has withdrawn his challenge to the foreclosure process. This move could speed up the closure. Mike Hoagland made a motion to have Eric Constance work with Rick Koch in a formal purchase offer for the Stone Hospital. Gregg Townsend seconded the motion and all were in favor and carried. There was some discussion concerning the insurance coverage of the building. Does the Village Heritage Area Advisory Committee have coverage?
10. Convalt Loan Status: Eric provided details on the process moving forward with the County IDA, who has a first lien on equipment valued at about one million dollars. Financial statement for 2024 has SHLDC waiving off $100,000 of loan.
11. Lot Development: The LDC proposed development of the lots on the south parcel with 16 lots should generate $1,200,000. 2nd Proposal would be 8n lots valued at $400,000. The 3rd Proposal would be north parcel 12 lots and the south parcel 8 lots at a value of $700,000. Gregg Townsend made a motion to develop single family lots on the North parcel. Pete Dale seconded the motion and all were in favor and carried. Since the LDC cannot be bonded, the Village will have to secure the funds. A motion was made by John Deans to approve a contract with Tim Abel for archaeological services for $22,000. Pete Daly seconded this motion and all were in favor and carried. Eric will sign a contract.
12. Open Discussion: After a brief discussion, Eric Constance made a motion to approve Pete Daly as a second check signature. Mike Hoagland seconded the motion. All were in favor and carried. A motion was made to accept John Deans' resignation with regrets and to approve Gayle Boulton-Benjamin to replace J. Deans effective July 1, 2025. Mike Hoagland seconded this motion. Eric gave a Big Thank You to John for his years of service.
13. Next Meeting: We will meet again in October. TBD

Adjourn: Mike Hoagland made a motion to adjourn and Eric Constance seconded the motion. Meeting adjourned at 1:25 pm.