Regional Development Corp

The Lake Champlain – Lake George Regional Development Corporation (LCLGRDC) is a non-profit entity that was created in the late 1980’s to accept funds from the US Department of Agriculture for an Intermediary Relending Program (IRP) similar to the already established LCLGRPB Revolving Loan Fund.

Currently, the IRP has six open loans to businesses throughout the 5-county region:

The LCLGRDC is not currently accepting applications for new loans.
Current Loan Information


The LCLGRDC is subject to the 2005 NYS Public Authorities Accountability Act (PAAA), which ensures oversight of efficiency and transparency for Public Authorities. The following documents are posted as part of the Act’s compliance requirements.

2020 Directors

Beth Hunt, Hamilton County
Albert Nolette, Washington County
Patty Waldron, Clinton County
Joseph Giordano, Essex County
John Strough, Warren County
David O’Brien, Chairman, LCLGRPB
Beth Gilles, Director, LCLGRPB

Mission

The LCLGRDC was formed to:

Certificate of Incorporation

The LCLGRDC was incorporated in 1989.

Bylaws

The Bylaws for the LCLGRDC were amended in January 2020.

Committees

Organizational Information

Policies

Budget

Reports and Audits

Below are copies of the most recent LCLGRDC audits of the financials.

Meeting Minutes

Due to the Novel Coronavirus (COVID-19) Emergency and State and Federal bans on large meetings or gatherings and pursuant to Governor Cuomo’s Executive Order 220.1 issued on March 12, 2020 suspending the Open Meetings Law, the Lake Champlain – Lake George Regional Development Corporation has suspended all in-person meetings until further notice. All meetings will be held electronically via video or teleconference. Call-in information for each meeting can be found on the posted agendas. Minutes of the meetings will be transcribed and posted on this website.

Thank you for your patience.

March 30, 2020 LCLGRDC Meeting
Agenda
Draft Minutes
• Governance Committee Meeting
  Agenda
  Draft Minutes
• Finance Committee Meeting
  Agenda
  Draft Minutes
• Audit Committee Meeting
  Agenda
  Draft Minutes

January 14, 2020 LCLGRDC Meeting
Agenda
Minutes

November 22, 2019 LCLGRDC Meeting
Governance Committee Meeting
Agenda
Minutes

Finance Committee Meeting
Agenda
Minutes

Audit Committee Meeting
Agenda
Draft Minutes

July 16, 2019 LCLGRDC Meeting
Agenda
Minutes

March 25, 2019 LCLGRDC Special Meeting
Agenda
Minutes

October 4, 2018 LCLGRDC Meeting
Agenda
Minutes

Resolutions

2019 Resolutions
2018 Resolutions