Express News Staff
INDIAN LAKE - The members of the Indian Lake Planning Committee were in high spirits Wednesday, June 12, when they approved budgets for 2012, 2013 and 2014.
The budgets were needed to submit an application to the IRS for non-profit status for the Indian Lake Community Development Corporation formed to benefit the Town of Indian Lake.
Meeting in the school library Wednesday, June 12, Jim Erceg, creator of the certificate of incorporation and by-laws for the corporation, said he would immediately send the information to the IRS and expects to hear back from them within 90 days.
He did warn the IRS might reply with a request for more information, but didn't think there wouldn't be any questions that couldn't be answered.
The main reason for seeking 501 (c)(3) status is it opens the door for tax-deductible contributions and the ability to apply for grants.
Currently the committee is working through the Town of Indian Lake, which has authorized CAP-21 to submit an application for a 50 percent matching funding Main Street Grant.
The NY Main Street grant program provides funds from the New York State Housing Trust Fund Corporation to local governments, business improvement districts and other not-for-profit organizations that are committed to revitalizing historic downtowns, mixed-use neighborhood commercial districts and village centers.
Al Pouch reported there are eight open advertising slots left of the 40 available on the back of the town-wide map the committee hopes to soon print and make available to visitors this summer.
Pouch said he has found a printer who can print 4,000 copies for about $1,300. The committee authorized Pouch to order the maps.
The maps will list and point out locations for services, culture institutions, lodging, dining, shopping, trailheads, etc., and will be available at the chamber of commerce, state campgrounds and many businesses and attractions.
There will also be a new flyer identifying local sources to buy food, named the Market Basket Brochure, which will be distributed at state campgrounds and the chamber.
To learn more about the committee go to indianlake.wordpress.com/