MINUTES OF THE MEETING OF THE VILLAGE OF PORT CHESTER LOCAL DEVELOPMENT CORPORATION HELD: January 9, 2019 TIME AND PLACE: A regular meeting of the Port Chester Local Development Corporation was convened on Wednesday, January 9, 2019 at 7:55 p.m. at 222 Grace Church Street, Port Chester, New York, 10573. Roll Call Chairman James Taylor waived the roll call. The following members were present: Daniel Brakewood, Richard Cuddy, Frank Ferrara, John Hiensch and Richard O’Connell. Chairman’s Remarks Chairman Taylor provided a brief overview of the history of the PCLDC. He noted that many local development corporations in New York are relatively inactive since they are primarily used in situations that involve the issuance of tax-exempt debt and/or the acquisition or sale of real property to facilitate economic development or other public purposes. Mr. Taylor proposed that the PCLDC undertake a review its policies and procedures in preparation for potential opportunities in the coming year. New Business No new business to report. Adjourn The meeting was adjourned at 8:10 pm.