Ami A. Shipley

The meeting included project updates regarding the Community Engagement Report, the financial status of State funding allocations for platform construction, and upcoming project milestones involving the Memorandum of Understanding and environmental impact studies. The board discussed the scope of work for financial consultants, the legal justifications for entering into an executive session, and specific community concerns regarding affordable housing, infrastructure investments, and the integration of qualitative development evaluations.

The meeting focused on new marketing and outreach requirements, specifically the implementation of an Air Table-based collateral submission system to streamline approvals and project reporting. Discussion topics included transitioning from bi-weekly to quarterly reporting, the establishment of a centralized asset library for grantee resources, and protocols for press releases and announcements, including the mandatory use of the ESD boilerplate and proper funding attribution. Additionally, representatives from Jamestown and Sherburn shared their respective marketing and referral strategies.

The board approved the annual financial reports and the re-examination of the mission statement along with performance measurements for the 2025-2026 fiscal year. Additionally, the authority adopted revised procurement guidelines, which included updates to organization, user accessibility, and compliance with state finance laws regarding workplace policies.

The committee reviewed the annual financial reports, receiving an unqualified clean opinion from the auditors, with no findings regarding internal controls or compliance. Discussion points included the impact of large-scale capital projects like the Western New York stadium on net income and the increase in hotel unit fee revenue, which indicates tourism growth. The committee also received a progress report on internal audit activities, noting ongoing audits and efforts to fill staff vacancies.

The Directors' Meeting covered various corporate actions, including the review of annual financial reports and the amendment of the Affordable Housing Connectivity Program guidelines. The agenda included spotlight presentations on budget-related items and the consideration of numerous capital grant projects across various regions of New York State. Additionally, the directors discussed office-related strategic initiatives, including workforce development, municipal infrastructure, and venture fund investments. The meeting also addressed land use improvement projects, such as the World Trade Center and Jacob K. Javits Convention Center expansion, as well as administrative actions covering performance reports, procurement of legal and compliance services, and contract transfers.