Troy Capital Resource Corporation

Chairman Troy Kevin O’Bryan Capital Resource Corporation Vice-Chair Vacant BOARD OF DIRECTORS MEETING Executive Director October 14, 2016 10:00 a.m. Steven Strichman Planning Department Conference Board Members Room Hon. Dean Bodnar City Hall Mr. Paul Carroll Hon. Robert Doherty Louis Anthony AGENDA Adam Hotaling Tina Urzan Susan Farrell I. Approval of minutes from the June 17, 2016 meeting. II. Capital District Women’s Veteran Program – Loan Request III. Financials IV. Adjournment City Hall – 433 River Street, Suite 5001, Troy, New York 12180 Phone: 518.279.7166  City of Troy Capital Resource Corporation June 17, 2016 10:00 AM Meeting Minutes Present: Kevin O’Bryan, Monica Kurzejeski, Hon. Robert Doherty, Susan Farrell, Hon. Dean Bodnar, Tina Urzan, Paul Carroll, Adam Hotaling and Lou Anthony Absent: Steve Bouchey Also in attendance: Derek Foster, Debra Lambek, Mary Ellen Flores, James Lozano, Deanne DalPos, Jeff Buell, Sharon Martin, Tom Rossi, Justin Miller and Denee Zeigler The CRC was convened at 10:53 a.m. I. Minutes D The board reviewed the minutes from May 20, 2016. Tina Urzan made a motion to approve the minutes from May 20, 2016. Paul Carroll seconded the motion, motion carried. II. PARIS report R Monica Kurzejeski noted that there are not many transactions to report for the CRC; no T land is owned and not many projects. Ms. Kurzejeski advised we will run through the report once more before submitting. AF II. Financials Mr. Lozano advised the boards that there was no change from last month. He advised $518,427 in cash with no liabilities to report. He advised that all equity is in cash. Mr. Miller advised that there is $100,000 committed. Mr. Lozano advised that will not show until we are ready to cut the check. Mr. Lozano advised that there was $3.00 in bank interest and $5,000 in expenses for audit services. Hon. Bob Doherty made a motion to approve the financials as presented. Lou Anthony seconded the motion, motion carried. III. Adjournment The Chairman asked if there was any other business before they adjourn the CRC meeting. Tina Urzan made a motion to adjourn the CRC meeting. Paul Carroll seconded the motion, motion carried. The CRC meeting was adjourned at 10:58 a.m.