Minutes of a Regular Meeting of the
Present at the meeting were Board Members Bill Friedman, Bill Baldwin, Al Frioni, Richard Ballon, Executive Director Sahar, Facilities Manager Quealy, and Solicitor DeLuca.
1) Chairman Friedman called the meeting to order
at
2) Roll call was taken and the above listed Board Members were present.
3)
Consideration of Minutes of the
The Minutes of
the
4)
Presentation by
John Conti and
William Callahan of the Historical Society of Mt. Lebanon gave a one hour power
point presentation on the history of several
5) Citizen Comments
There were no citizen comments.
6) Consideration of Resolution 2007-02 (PLIGIT)
The Board
reviewed a request to join the Pennsylvania Local Government Investment
Trust. The Trust allows for
7)
Consideration of Expense and Payroll Voucher lists of
The Board unanimously approved the Expense and Payroll Voucher Lists.
8)
Consideration of Amendment to Agreement of
Mt. Lebanon
Hospitality Associates, L.P. (MLHA) has requested the Authority to extend the
due diligence period of the
9) Other Items
Work is continuing on the Policies and Procedures Manual. Some minor changes will be necessary due to insurance audits.
Mr. Sahar reviewed the effects of the property closing held on this date. The Board noted that the proceeds from closing increased the Authority’s reserves closer to the level where the Authority would have a six month revenue reserve.
Mr. Quealy and Mr. Sahar reported on various maintenance projects
Mr. Sahar
reported on his attendance at the Washington Road BPA and
The Board moved
into Executive Session at
The Board
returned from Executive Session at
The meeting was
adjourned at
Respectfully submitted,
Richard D. Sahar
Executive Director