BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Limba - ECPv6.16.5//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:Limba X-ORIGINAL-URL:https://limba.net X-WR-CALDESC:Events for Limba REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/New_York BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20090308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20091101T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20100314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20101107T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20110313T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20111106T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/New_York:20101105T000000 DTEND;TZID=America/New_York:20101105T000000 DTSTAMP:20101105T040000Z CREATED:20101105T040000Z LAST-MODIFIED:20101105T040000Z UID:4431-1288915200-1288915200@limba.net SUMMARY:Phil Nolan. Town of Islip\, Supervisor DESCRIPTION:This morning we were back in our usual MacArthur Holiday Inn location to hear from Phil Nolan about the state of the Town of Islip in general\, and the role of Long Island MacArthur Airport (LIMA) in particular.  The affable\, animated supervisor has been a LIMBA speaker in the past and opened his talk with some reminiscences of meetings and events with the familiar faces in attendance. \nComing off of last night’s Town Board meeting where the new budget was approved\, Mr. Nolan gave us the high and lowlights of town finances during his administration.  To the good\, the town’s general fund tax rate remained flat from last year.  The recession has dried up ten to fifteen million dollars per year in revenue\, mostly from the decline in Mortgage Tax revenue over the past few years.  The supervisor has responded by downsizing the town government\, shrinking the number of employees by 25%\, mostly through attrition.  Last year however\, he did have to lay off thirty seven people\, one of the most personally difficult things that he has done in his career. \nLIMA has felt the recession also\, with passenger emplanements currently running at 1.9 million per year\, down from a peak of 2.3 million.  In spite of this\, it is still the crown jewel of the town and is a great driver of jobs and economic growth.  Mr. Nolan is very enthusiastic about the business community’s embrace of LIMA as a business facility.  He was also kind in his remarks on former supervisor Pete McGowan’s role in building the airport up during his predecessor’s tenure.   \nGreat praise was also in store for the current airport commissioner\, Theresa Rizzuto\, who has injected great energy and private sector business acumen into the airport’s current operations.  Ms. Rizzuto and her staff are working with all sectors of the aviation industry and all regions of the hemisphere in drumming up new business for the airport.   \nThe west side redevelopment of LIMA will be underway soon\, with $70MM of investment in the works to create new homes for the major FBOs at the airport\, Shelt-air\, Mid-Island Aviation\, and ExcelAire.  The supervisor claimed that each business jet based at LIMA generates 5 jobs and a million dollars per year in revenue.  Increasing that revenue\, especially on the commercial aviation and airline side\, is a tall order.  Sales cycles for these arrangements are complex and very long\, subject to a lot of pressure from outside factors.  The supervisor told the tale of Spirit Airlines who were done in almost overnight by the massive run up in oil prices. \nThe net of Mr. Nolan’s talk was that  the airport has been and will continue to be a prime driver of economic development for both the town and Long Island as a region.  With prudent fiscal management and smart management\, it has been transformed from a sleepy general aviation field to a modern facility that provides an excellent alternative to the Port Authority airports to the west. \nOnce again it was another educational opportunity to be at LIMBA meeting with an excellent speaker and learn more about a Long Island institution that served as one of the reasons for LIMBA’s founding.  Please join us for these Friday morning sessions that finish the work week off on a high note and never fail to be of value. \nPictured:Terri Townsend\, Ernie Fazio\, Supervisor Nolan\, Marie Zere URL:https://limba.net/calendar/phil-nolan-town-of-islip-supervisor/ LOCATION:NY END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20101112T000000 DTEND;TZID=America/New_York:20101112T000000 DTSTAMP:20101112T050000Z CREATED:20101112T050000Z LAST-MODIFIED:20101112T050000Z UID:4428-1289520000-1289520000@limba.net SUMMARY:Empire National Bank/Doug Manditch DESCRIPTION:Commercial Banking Update.  Meeting at Empire Headquarters. URL:https://limba.net/calendar/empire-national-bankdoug-manditch/ LOCATION:NY END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20101119T000000 DTEND;TZID=America/New_York:20101119T000000 DTSTAMP:20101119T050000Z CREATED:20101119T050000Z LAST-MODIFIED:20101119T050000Z UID:4421-1290124800-1290124800@limba.net SUMMARY:Mark Lesko\, Supv Town of Brookhaven DESCRIPTION:Supervisor Mark Lesko of Brookhaven Town was our speaker this morning. He began by citing the shortsightedness of stopping the Avalon proposal in Huntington. He believes good projects must be built\, but did not go into why it was stopped. Nor did he assign any blame. What was clear is that he didn’t want to see that kind of resistance in Brookhaven. \n Brookhaven had its’ budget debate last night. He tells us it was not a pretty sight\, but in the end a budget was passed. With a great deal of push-back on the unions\, the unions finally agreed that they too should share the pain and concessions were made. According to the supervisor the negotiations allowed them to move forward. \n The infrastructure needs sewers were discussed\, and while new sewers are not possible because of serious budget restraints\, there are creative ways of better using those sewers that presently exist. These assets are essential to support beneficial growth. \nLesko pointed out that advances have been made in his "Blight to Light" program where otherwise run down and degraded properties are used to create new\, and useable redevelopment. \nHe asked us to reframe the whole notion of development. We must adopt a wealth development mentality. Instead of an economy based on defense and healthcare\, (both of which are supported by tax dollars). We need to explore our ability to mine the research assets that we have. We have these assets in more abundance than most places\, and now we have to keep the fruits of that research here and create the next CA\, the next google\, the next whatever. Mark stated that other sections of the country are doing it and sometimes they are snatching technology from under our noses. (My words not his). We have the good stuff\, but we are not capitalizing. \nThe supervisor pointed out to us that the state controller has to invest huge sums of money to support the state pensions. Only 2% of that money is invested in ideas emanation from the Long Island Region. We must work on our entrepreneurial pace. If we do not\, we will create technology that will lured to other places. \nThe ripple effect has broad implications in every other economic sphere\, but real estate in particular. Homebuilders are another important economic segment. Historically entrepreneurial efforts create a lot of losers and a few winners\, but those few winners far outweigh all of the losers and often create unimaginable success. When the transistor was invented even the inventors were not sure of the applications. They certainly did not imagine the level of electronic sophistication that we have today\, the myriad of products\, and the enormous wealth that followed. \nLesko indicated to us that Long Island is not business friendly and that has got to change. Taxes and utility rates are a substantial part of our discouragement of business. Taxes are exacerbated by municipal pensions on every local level because of a pensions system that is called a define benefit plan. When we have a poorly performing stock market\, pension funds shrink. The shortfall must be made up in the only way it can be made up\, you guessed it\, raise the taxes. Atlas is about to shrug and enlightened leaders like Lesko know it. \nDuring the Q&A the questions were pointed and filled with concern. A few ideas were proffered and the supervisor was listening. One idea from Marie Zere was a business incubator that would embrace any viable sounding business rather than the technology specific model that we are used to. Mr. Lesko liked the idea. URL:https://limba.net/calendar/mark-lesko-supv-town-of-brookhaven/ LOCATION:NY END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20101126T000000 DTEND;TZID=America/New_York:20101126T000000 DTSTAMP:20101126T050000Z CREATED:20101126T050000Z LAST-MODIFIED:20101126T050000Z UID:4427-1290729600-1290729600@limba.net SUMMARY:Thanksgiving Friday no meeting DESCRIPTION: URL:https://limba.net/calendar/thanksgiving-friday-no-meeting/ LOCATION:NY END:VEVENT END:VCALENDAR