Genesee County Funding Corp. (GCFC)

 

Mission

The GCFC’s mission is to assist local economic development efforts by serving in a conduit financing capacity enabling the issuance of taxable and non-taxable debt to benefit the growth, expansion, on-going operations and continued viability of non-profit business enterprises in Genesee County thereby helping to maintain a sustainable long-term economy.

GCFC Organizational Chart

GCFC Articles of Incorporation


GCFC Board Members

Pete Zeliff - Chairman

Term Start Date: August 3, 2017

Matthew Gray - Vice Chairman

Term Start Date: June 4, 2020

Tom Turnbull - Secretary

Term Start Date: December 9, 2015

Hollis Upson - Treasurer 

Term Start Date: November 5, 2009

Maureen Marshall Torrey

Term Start Date: November 5, 2009

William Lapple

Term Start Date: May 11, 2016


GCFC Committees 

Audit & Finance Committee - Established April 13, 2011

Audit Committee Charter

Members

Matthew Gray (Committee Chair)

Tom Turnbull

Hollis Upson

Governance Committee - Established April 13, 2011

Governance Committee Charter

Members

Hollis Upson  (Committee Chair)

Maureen Marshall Torrey

Peter Zeliff


GCFC Approved Projects

Rochester Regional Health

Initial Resolution - March 30, 2022

Public Hearing - April 20, 2022 - Minutes

Final Resolution - April 28, 2022

Bond Purchase Agreement

 

Genesee Community College Foundation Housing Services Inc.

Public Hearing - March 5, 2019 - Minutes

Bond Resolution - April 23, 2019

Bond Purchase Agreement

 

Mercy Flight Inc.

Public Hearing - July 17, 2017 - Minutes

Bond Purchase Agreement

 

UMMC

Public Hearing - May 15, 2015 - Minutes


GCFC Materials and Minutes

March 25, 2020 - Agenda - Minutes

March 26, 2021 - Agenda - Minutes

March 30, 2022 - Agenda - Minutes

April 28, 2022 - Agenda - Draft Minutes

March 29, 2023 - Agenda - Draft Minutes


GCFC Reports

Investment Reports - 2020 - 2021 - 2022

Procurement Reports2020 - 2021 - 2022

Real Property Listing2020 - 2021 - 2022

Public Authorities Annual Report2020 - 2021 - 2022

  • Real Property Disposal Reports - see annual report

  • Subsidiaries, Affiliates and Major Authority Units - see annual report

  • Schedule of Debt - see annual report

  • Personal Property Disposal - see annual report

List of Board Members and Executives Making Over $100,000 Per Year2020 - 2021 - 2022

Management's Assessment of Internal Control Structure and procedures2020 - 2021 - 2022

Certificate of the CEO and CFO Certifying the Financial Information and Annual Report - 20192020 - 2021

NYS Local Public Authority Mission Statement & Measurement Report - 2021 - 2022 - 2023

GCFC Authority Self Evaluation of Prior Year Performance2020 - 2021 - 2022

Independent Audit2020 - 2021 - 2022

Management Letter2020 - 2021 - 2022


GCFC Budget

GCFC 2023-2026 Budget Forecast

GCFC 2022-2025 Budget Forecast

GCFC 2021-2024 Budget Forecast


GCFC Policies

Bylaws

Code of Ethics

Whistleblower Policy

Procurement Policy

Investment Policy

Disposition of Real Property Guidelines

Attendance, Compensation, and Reimbursement 

Defense and Indemnification

Policy Prohibiting Extension of Credit