2008_11.12 EDC Agenda PacketNOTICE OF MEETING OF THE
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
KENNEDALE, TEXAS
Notice is hereby given that a Regular Meeting will be held by the Kennedale Economic
Development Corporation Board of Directors on the 12 day of November 2008 at 7:15
P.M., in the Kennedale Municipal Building Council Chambers located at 405 Municipal
Drive, Kennedale, Texas, at which time the following subjects will be discussed to wit:
AGENDA
(SEE ATTACHED AGENDA)
Dated this 8 th day of November 2008.
By: Robert P. Mundy, President
I, the undersigned authority, do hereby certify that the above Notice of Meeting of
the Economic Development Corporation Board of Directors is a true and correct copy of
said Notice and that I posted a true and correct copy of said Notice on the bulletin board
of City Hall of said City in Kennedale, Texas, a place convenient and readily accessible to
the general public at all times, and said Notice was posted on November 8, 2008 at 4:00
o'clock P.M., and remained so posted continuously for at least 72 hours preceding the
scheduled time of said Meeting.
Persons with disabilities who plan to attend this meeting and who may need
auxiliary aids or services such as interpreters for persons who are deaf or hearing
impaired, readers, large print, are requested to contact the undersigned at (817) 483 -1296
five (5) work days prior to the meeting so that appropriate arrangements can be made.
Dated this the 8 th day of November 2008.
By:
Kathy Turner, Secretary to EDC
AGENDA
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING — NOVEMBER 12, 2008
405 MUNICIPAL DR. — KENNEDALE MUNICIPAL BLDG.
COUNCIL CHAMBERS
7:15 PM
CALL TO ORDER
ROLL CALL
I. REGULAR ITEMS
a. Review and consider action to approve minutes: regular meeting dated October 21,
2008, and special meeting dated October 28, 2008.
b. Review and consider action to approve KEDC Financial Reports.
C. Review and consider action to change date and time of future meetings.
d. Discussion of Economic Development Director's position.
II. STAFF ANNOUNCEMENTS/REPORTS
a. KEDC Director Announcement/Reports
1. Update on Town Center Projects.
2. Update on grants for 08/09 and on upcoming grant prospects.
III. PRESIDENT/BOARD ANNOUNCEMENTS/REPORTS
a. President Announcements /Reports
1. Report agenda items to be posted for future meetings.
IV. EXECUTIVE SESSION
a. The Board of Directors will meet in closed session pursuant to Section 551.072 of
the Texas Government Code to deliberate the purchase, sale, exchange, lease, or
value of real property.
b. The Board of Directors will meet in closed session pursuant to Section 551.074 of
the Texas Government Code to deliberate the appointment, employment,
evaluation, reassignment, duties, discipline, or dismissal of a public officer or
employee.
V. RECONVENE INTO OPEN SESSION AND TAKE ACTION NECESSARY
PURSUANT TO EXECUTIVE SESSION.
VI. ADJOURNMENT
Page 1 of 1
Staff Report
To KEDC Board of Directors
Date: November 7, 2008
Agenda Item No: I -a
Subject: Review and consider approval of meeting minutes.
Originated by: Kathy Turner, KEDC Secretary
Summary: Draft copy of minutes reflecting action taken during regular meeting held on the
21 day of October, 2008, and special meeting held on the 28 day of October
2008.
Recommendation: Recommend Approval.
Disposition by KEDC Board of Directors:
281
MINUTES
KENNEDALE ECONOMIC DE ENT CORPORATION
REGULA = 21, 2008
405 MUNICIPA MUNICIPAL BLDG.
President, Robert Mundy called th : - eting to order at 7:18 p.m.
Members present: President, Robert Mundy; Vice - President, Beverly Hayes, Board of Directors
Darrell Erwin, Rebecca Mowell, and Mark Yeary. Doug Parker arrived at 7:40 p.m.
Members absent Board of Director, Donnie Graham.
Staff present: Bob Hart, Executive Director; Mike Soab, KEDC Director; Kathy Turner,
Secretary; and Sakura Moten, Treasurer.
I. REGULAR ITEMS
a. Introduction and seating of Jon Mark Yeary, new KEDC Board of Director
(Place 6).
b. Consider election of President and Vice - President to serve a one -year term.
Rebecca Mowell moved to elect Robert Mundy as President, second by Darrell
Erwin. Motion carried.
Darrell Erwin moved to elect Beverly Hayes as Vice - President, second by Rebecca
Mowell. Motion carried.
C. Review and consider action to approve minutes: regular meeting dated July 22,
2008, and special meeting dated July 29, 2008.
Beverly Hayes moved to approve regular meeting minutes dated July 22, 2008,
second by Rebecca Mowell. Motion carried.
Rebecca Mowell moved to approve special meeting minutes dated July 29, 2008,
second by Darrell Erwin. Mowell, Erwin, Mundy, and Yeary voted aye, while
Hayes abstained due to absence of meeting. Motion carried.
d. Review and consider action to approve Economic Development Revitalization
Grant to Lance Crosswhite for the demolition of Kennedale's old city hall and its
redevelopment into a modern office building.
Prior to discussion on this item, Board of Director's Darrell Erwin and Rebecca
Mowell filed Conflict Disclosure Statements and recused themselves from
discussion and action on this item.
Robert Mundy moved to table action to approve Economic Development
Revitalization Grant to Lance Crosswhite for the demolition of Kennedale's old
282
city hall and its redevelopment into a modern office building. Motion second by
Beverly Hayes. Motion carried with Mundy, Hayes, Yeary, and Parker voting aye
to table item.
It was also explained that if Mr. Crosswhite started work prior to grant approval, it
would be at his own discretion, and would not guarantee reimbursement for such
expenses.
e. Review and consider action to approve visual and functional grant payments for
Richard Hollis dba Subway (applicant).
Beverly Hayes moved to authorize grant payments of $21,681.40 as a Functional
Grant, and $2,807.40 as a Visual Grant to Richard Hollis dba Subway. Motion
second by Darrell Erwin. Motion carried.
f. Review and consider action to approve policy for staff actions authorizing repairs
and improvements to properties owned by the corporation.
Rebecca Mowell moved to authorize staff to make emergency repairs, if needed to
the TownCenter Shopping Plaza in an amount not to exceed Five Thousand Dollars
($5,000.00), second by Darrell Erwin. Motion carried.
g. Workshop and discussion of TownCenter Kennedale development concepts,
timing, and financing.
David Johnson, Developer addressed the KEDC with proposed plans to redevelop
the TownCenter Plaza, and provided pictures to the Board reflecting some of his
redevelopment projects in Cedar Park.
Next, Bob Hart provided a presentation on economic development tools, which
addressed Tax Increment Reinvestment Zones, Municipal Management Districts,
Public Improvement Districts, Municipal Utility Districts, and Chapter 380, Local
Government Code to assist with the redevelopment of the TownCenter.
II. STAFF ANNOUNCEMENTS/REPORTS
a. KEDC Executive Director Announcement /Reports.
1. Introduction of Sakura Moten - Dedrick, Director of Finance /Treasurer.
Bob Hart, City Manager introduced newly hired Director of Finance, Sakura
Moten - Dedrick,
KEDC Director Announcement /Reports
1. Update on Town Center Projects.
Mike Soab, KEDC Director briefed the board on the recent gas lease on KEDC
properties stating that the bonus had been rescinded, provided pictures of
public art painted trains that will be placed on various city properties for public
283
viewing for the boards review, and spoke of recent meetings held with
prospective developers.
2. Update on upcoming grant prospects.
Mike Soab, KEDC Director implied that Foxy Propaganda would be relocating
their Arlington office to Kennedale, and would be seeking an additional grant.
III. PRESIDENT/BOARD ANNOUNCEMENTS/REPORTS
a. President Announcements/Reports
1. Agenda posting requirements.
President, Robert Mundy briefed the Board on a recent Attorney General ruling
in regards to agenda item postings. Mundy advised that future agenda items
must contain a descriptive matter in what is to be discussed in order to meet the
Open Meetings Act, and if any board members had any items of interest to
report to please notify him to place on the agenda for discussion.
2. Report agenda items to be posted for future meetings.
President, Robert Mundy requested that the following items be on -going
agenda items: approval of finance reports, report agenda items to be posted for
future meetings, and date and meeting time changes for future meetings.
3. Date and meeting time changes for future meetings.
Board of Directors concluded to schedule the next regular meeting for
Wednesday, November 12, 2008 to begin at 7:15 p.m.
No further discussion, President, Robert Mundy recessed the meeting at 10:01
p.m. to enter into executive session.
IV. EXECUTIVE SESSION
The Board of Directors will meet in closed session pursuant to Section 551.072 of the
Texas Government Code to deliberate the purchase, sale, exchange, lease, or value of real
property.
V. RECONVENE INTO OPEN SESSION AND TAKE ACTION NECESSARY
PURSUANT TO EXECUTIVE SESSION.
President, Robert Mundy reconvened into open session at 10:43 p.m.
a. Review and consider action to approve Resolution authorizing staff to negotiate in
good faith the sale, leasing, or otherwise transfer of ownership for the redevelopment
of TownCenter Kennedale.
Darrell Erwin moved to approve Resolution authorizing staff to negotiate a feasibility
plan with David Johnson, contingent upon Section 2, first sentence being amended to
284
read " The EDC hereby authorizes the city staff to exclusively negotiate with David
Johnson, ..." Motion second by Doug Parker. Motion carried.
VI. ADJOURNMENT
Doug Parker moved to adjourn the meeting at 10:45 p.m., second by Darrell Erwin.
Motion carried.
APPROVED:
President, Robert Mundy
ATTEST:
Kathy Turner, Secretary
285
KENNEDALE ECONOMIC DEVELJKNW, CORPORATION
SPECIAL R 28, 2008
405 MUNICIPAL D ICIPAL BLDG.
President, Robert Mundy called the special meeting to order at 7:16 p.m.
Members present: President, Robert Mundy, Board of Directors Doug Parker, Donnie Graham,
and Mark Yeary.
Members absent: Vice - President, Beverly Hayes, Board of Directors Rebecca Mowell, and
Darrell Erwin.
Staff present: KEDC Director, Mike Soab.
I. REGULAR ITEMS
a. Review and consider action to grant application from Lance Crosswhite for
redevelopment of former Kennedale city hall site.
Doug Parker moved to authorize grant application from Lance Crosswhite for
redevelopment of former Kennedale city hall site with a maximum grant cap of
up to Thirty Two Thousand Dollars ($32,000.00) based on a twenty percent
(20 %) reimbursement ratio subject to the following conditions listed in
agreement:
(1) demo the existing building,
(2) design and construct the improvements as per applicant's application
package and statements made,
(3) occupy and operate the project as an office for three (3) years after the
written documentation required by Section 7(b) of the Agreement is received
by the Corporation,
(4) occupy the facility with at least three people and employee at least two (2)
additional people during the following year,
(5) make a capital investment (including all expenses incurred) in the property in
an amount equal to at least One Hundred Fifty Thousand Dollars
($150,000.00) by April 30, 2009,
(6) if applicant's company (21s' Century Direct) does not occupy the new facility
for the stated three (3) years, applicant's obligation to repay the
Revitazliation Grant extended shall be waived, provided:
a. Applicant sells or rents the building to another company of equal
economic value to the City or to a City sales tax generator;
b. If the building becomes vacant, Applicant makes a good faith effort to
sell or lease the building (e.g. putting up a sale or rental sign, hiring a
Real Estate company to market the site) or;
286
c. Any obligation for Applicant to repay any grant monies for any reason
shall be reduced by the number of full months the applicant /building
meets the above standards in increments of 1/36 per month in
compliance. At the end of the third year of compliance, any obligation to
repay is null and void.
Motion was second by Donnie Graham.
Doug Parker, Donnie Graham, and Mark Yearly voted aye, while President,
Robert Mundy, voted nay. Motion carried. (3 -1).
b. Review and consider action to add agenda items to future meetings.
No action on this item.
C. Review and consider action to change date and time of future meetings.
President, Robert Mundy advised that the next regular monthly meeting is
scheduled for Wednesday, November 12, 2008.
VI. ADJOURNMENT
Doug Parker moved to adjourn the meeting at 8:47 p.m., second by Mark Yeary. Motion
carried. (4 -0).
:••:•
President, Robert Mundy
ATTEST:
Kathy Turner, Secretary to EDC
To KEDC Board of Directors
Date: November 7, 2008
Agenda Item No: I -b
Subject: Review and consider action to approve KEDC Financial Reports.
Originated by: Kathy Turner, Secretary to EDC
Summary: Due to year -end, EDC Financial reports will not be available until Monday or
Tuesday. Once they are completed, Sakura will email them out to the board prior to
the meeting for your review.
Recommendation:
Disposition by KEDC Board of Directors:
To KEDC Board of Directors
Date: November 7, 2008
Agenda Item No: I -c
Subject: Review and consider action to change date and time of future meetings.
Originated by: Kathy Turner, Secretary to EDC
Summary: Board of Directors will discuss future meeting dates and time, and make a
recommendation for the next scheduled meeting.
Recommendation:
Disposition by KEDC Board of Directors:
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Date: Wednesday, November 12, 2009
Agenda Item No: I -d
Subject: Economic Development Director's Position
Originated by: Mike Soab, SCLS
Summary: Effective January 31, 2009, Mike Soab is retiring from the full -time position of
Director of Economic Development for Kennedale.
Disposition by KEDC:
CADocuments and Settings\ cbrown \mydocuments\samplestaffreport
Mike Soab
From: Mike Soab
ent: Friday, November 07, 2008 10:35 AM
ro: Becky Mowell; Beverly Hayes; Bob Hart; Darrell Erwin; bonnie Graham; Doug Parker EDC ;
Kathy Turner; Mark Yeary; Mike Soab; Robert Mundy - ATT &T; Sakura Dedrick
Subject: Retirement
Dear Board of Directors:
In order to lock in my Texas Municipal Retirement System benefits, I am retiring from full -time
employment in Kennedale effective January 31, 2009.
As you may know, TMRS rules state that one can work part -time drawing retirement benefits but not
full -time from the city they retire from.
I am placing an agenda item on both the regular and closed sessions for the next EDC meeting —
Wednesday, Nov. 12 at 7:15 PM for your discussion about the ED Director's position.
It has been and is a pleasure working with the great people of Kennedale and especially with the
EDC Board and City Staff. Together we have accomplished much since May of 2006 — however it is
only the start of Kennedale's redevelopment and the future is bright.
Sincerely,
�"_ 06a
Mike Soab, SC
Director - Kennedale E.D.C.
msoab(4 cityofkennedale. com
City of Kennedale, TX
475 Municipal [give
Kennedale, TX 76060
tiff: 817 - 985 -2103
Celle g17- 688 -7600
To KEDC Board of Directors
Date: October 16, 2008
Agenda Item No: 11
Subject: Staff Announcements /Reports
Originated by: Kathy Turner, Secretary EDC
Summary: Board of Directors will receive announcements /reports from the following:
a. KEDC Director Announcement/Reports
1. Update on TownCenter Projects.
2. Update on grants for 08/09 and on upcoming grant prospects.
Recommendation:
Disposition by KEDC Board of Directors:
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To KEDC Board of Directors
Date: November 7, 2008
Agenda Item No: III
Subject: President Announcements/Reports
Originated by: Kathy Turner, KEDC Secretary
Summary: President Announcements /Reports
Disposition by KEDC Board of Directors:
Staff Report
To KEDC Board of Directors
Date: November 7, 2008
Agenda Item No: IV.
Subject: Executive Session.
Originated by: Kathy Turner, KEDC Secretary
Summary: a. Board of Directors will meet in closed session pursuant to Section 551.072 of
the Texas Government Code to deliberate the purchase, sale, exchange, lease,
or value of real property.
b. The Board of Directors will meet in closed session pursuant to Section 551.074
of the Texas Government Code to deliberate the appointment, employment,
evaluation, reassignment, duties, discipline, or dismissal of a public officer or
employee.
Recommendation:
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To KEDC Board of Directors
Date: November 7, 2008
Agenda Item No: V.
`d
Subject: Reconvene into open session and take action necessary pursuant to executive session.
Originated by : Kathy Turner, Secretary to EDC
Summary:
Recommendation:
Disposition by KEDC Board of Directors:
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