2026 Committees
AUDIT COMMITTEE
The purpose of the audit committee shall be to (1) assure that the Agency’s Board fulfills its responsibilities for the Agency’s internal and external audit process, the financial reporting
process and the system of risk assessment and internal controls over financial reporting; and (2) provide an avenue of communication among staff, the independent auditors, and the Board.
Lisa Walters, Chair
Thomas Despart, III
David Yule
Carm Basile, Alternate
FINANCE COMMITTEE
Pursuant to the Town of Colonie Industrial Development Agency (the “Agency”) by-laws, the purpose of the finance committee is to oversee the Agency’s financial transactions and to
provide assistance to the Agency board in fulfilling its fiduciary responsibilities relating to accounting, reporting and regulatory practices.
Lisa Walters, Chairperson
Thomas Despart, III
David Yule
Carm Basile, Alternate
GOVERNANCE COMMITTEE
The purpose of the governance committee is to assist the Board by keeping the Board informed of current best practices in corporate governance; reviewing corporate governance trends for their applicability to the Agency; recommending updates to the Agency’s corporate governance principles and governance practices; advising those responsible for appointing members to the Board on the skills and experiences required of potential board members; examining ethical and conflict of interest issues; performing board self-evaluations; and recommending by-laws which include rules and procedures for conduct of board business.
Peter Gannon, Chairperson
Michael Kwarta
Donna Karrat Ryan
Carm Basile, Alternate
2026 MEETING DATES
The approved meeting dates for 2026 are as follows:
January 26 February 23
March 16 October 19
December 21
Committee meetings typically begin at 5:30 pm at the Town of Colonie Public Operations Center located at 347 Old Niskayuna Road, Latham, NY 12110.