2009_02.17 EDC Agenda Packeti 1. ".i C OF MEETING 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 17 day of February 2009 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:
(SEE ATTACHED AGENDA)
Dated this 13 day of February 2009.
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 February 13, 2009 at 4:45
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 13 day of February 2009.
By:
Kathy Turner, Secretary to EDC
CITY OF KENNEDALE, TEXAS
OFFICE OF THE CITY SECRETARY
KEDC ROLL CALL
DATE: FEBRUARY 17, 2009
START TIME: PM
END TIME: PM
ROLL CALL:
CITY STAFF PRESENT:
PRESENT
ABSENT
PRESIDENT
ROBERT MUNDY - P4
VICE PRESIDENT
BEVERLY HAYES - P3
BOARD OF DIRECTOR
DARRELL ERWIN - PI
BOARD OF DIRECTOR
DOURG PARKER - P2
BOARD OF DIRECTOR
DONNIE GRAHAM - P5
BOARD OF DIRECTOR
MARK YEARY - P6
BOARD OF DIRECTOR
REBECCA MOWELL - P 7
CITY STAFF PRESENT:
PRESENT
ABSENT
CITY MANAGER
BOB HART
CITY SECRETARY
KATHY TURNER
MIKE SOAB
KEDC DIRECTOR
Page 1 of 1
Kathy Turner
From: Doug Parker [parkerd @kisdtx.net]
Sent: Tuesday, February 17, 2009 3:50 PM
To: Bob Hart
Cc: Kathy Turner
Subject: City of Kennedale - Economic Development Corporation
Please be aware 1 am unable to attend tonight's (February17, 2009) Board Meeting. I am extremely sorry, but
issues at work and home make it very difficult to break away. It may be necessary for me to resign my position on
the Economic Development Corporation Board. Again, my sincere apologies and I can be reached at (817) 296-
9049, if you have questions.
Thank you,
Doug Parker, Theatre Director
Kennedale High School
Home address: 133 N. Joplin Rd.
Kennedale, 7X 76060
2/17/2009
AGENDA
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING — FEBRUARY 17, 2009
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 January 20, 2009.
b. Review and consider action to approve KEDC Financial Reports.
C. Discuss status of the TownCenter with the Developer, David Johnson, Cypress Properties.
d. Discuss strategic direction of Kennedale's Economic Development Program.
e. Discuss EDC staffing options.
f. Review and consider action to change date and time of future meetings.
g. Review and consider approval of Independent Audit Report for year ended September 30,
2008.
II. STAFF ANNOUNCEMENTS /REPORTS
a. KEDC Executive Director Announcement /Reports
1. Tax Increment Financing District.
2. Municipal Management District.
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.
1. Kennedale Parkway
2. New Hope Road
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, IF NECESSARY.
P 0111 9 j►1►\ I Dien
Page 1 of 1
MMMI
Date: February 6, 2009
Subject: Review and consider approval of meeting minutes.
Originated by: Kathy Turner, KEDC Secretary
Summary: A draft copy of the meeting minutes dated January 20, 2009 are attached for your
review and consideration.
Recommendation: Recommend Approval.
289
CORPORATION
Y 20, 2009
NICIPAL BLDG.
at 7:15 p.m.
Members present: President, Robert Mundy, Vice - President, Beverly Hayes, Board of Directors, Darrell
Erwin, Donnie Graham, Mark Yeary, and Rebecca Mowell.
Members absent: Board of Director, Doug Parker.
Staff present: Bob Hart, Executive Director, Mike Soab, KEDC Director, Salcura Moten - Dedrick,
Treasurer, and Kathy Turner, Secretary.
I. REGULAR ITEMS
a. Review and consider action to approve minutes: regular meeting dated November
12, 2008.
Rebecca Mowell moved to approve the meeting minutes dated November 12, 2008
as submitted, second by Darrell Erwin. Motion carried (6 -0).
Review and consider action to approve KEDC Financial Reports.
Beverly Hayes moved to approve the KEDC Financial Reports as presented,
second by Donnie Graham. Motion carried (6 -0).
Review and consider a Resolution supporting the filing of legislation to create a
Municipal Management District for development of the TownCenter.
Darrell Erwin moved to approve resolution supporting the filing of legislation to
create a Municipal Management District for development of the TownCenter.
Donnie Graham seconded the motion and all members present voted in favor.
Motion carried (6 -0).
d. Review and consider Public Art Projects and EDC's Sponsorship Role.
Mike Soab, KEDC Director provided an update on the status for completion of the
fiberglass locomotive engine paintings, and recommended that the unveiling of the
finished models be presented during the Texas Independence Parade. Soab also
reminded the Board that a contact person for the EDC /Public Arts needed to be
appointed.
Additionally, Soab advised that the EDC commissioned Kennedale High School to
paint a Railroad theme mural on the exterior wall of the TownCenter Kennedale's
Ace /Subway's free standing building fronting Kennedale Parkway. He said the
project is running behind currently due to the paintings of the locomotives, but
reminded the Board a payment of $1,000.00 to begin the project had been made
with $4,770.00 due upon completion.
290
The board required no action, as it was information purposes only.
e. Review and consider action to change date and time of future meetings.
After a brief discussion and no recommendations to move meeting date, President,
Mundy advised regular meeting scheduled for Tuesday, February 17, 2009 would
stand.
II. PRESENTATION
a. President, Robert Mundy will present retiring Economic Development Director,
Mike Soab with a plaque.
President, Robert Mundy presented retiring EDC Director, Mike Soab with large
book clock on behalf of the Board of Directors thanking him for his service and
moving the City forward.
III. STAFF ANNOUNCEMENTS/REPORTS
a. KEDC Director Announcement /Reports
1. Departing comments by ED Director.
Mike Soab, EDC Director presented departing comments relative to new private
investments, increased revenue streams to pay for city services and employees,
building Kennedale Parkway's curb appeal, and increasing city revenues.
2. Update on grants for 08/09 and on upcoming grant prospects. — No updates were
provided.
No further discussion, President, Robert Mundy recessed the meeting for a short break
at 8:00 p.m.
President, Robert Mundy reconvened into open session at 8:06 p.m., and announced
that the Board would recess into executive session at 8:07 p.m.
IV. PRESIDENT /BOARD ANNOUNCEMENTS/REPORTS
a. President Announcements/Reports
1. Report agenda items to be posted for future meetings. No report on agenda items were
noted at present.
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.
1. Discuss the parameters for a development agreement with David Johnson for
development of the TownCenter.
291
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.
VI. RECONVENE INTO OPEN SESSION AND TAKE ACTION NECESSARY
PURSUANT TO EXECUTIVE SESSION.
President, Robert Mundy reconvened into open session at 9:15 p.m.
a. Review and consider action to approve Resolution granting a 120 -day extension of
the feasibility period agreement with David Johnson for development of the
TownCenter.
Darrell Erwin moved to approve a resolution granting a 120 -day extension of the
feasibility period agreement with David Johnson for development of the
TownCenter, second by Rebecca Mowell. Motion carried (6 -0).
VII. ADJOURNMENT
There being no further discussion, President Mundy asked for a motion to adjourn. Mark Yeary
so moved, and Beverly Hayes seconded the motion with all members present voting in favor.
Motion carried (6 -0). Meeting adjourned at 9:19 p.m.
APPROVED:
President, Robert Mundy
ATTEST:
Kathy Turner, Secretary
Staff Repot
To KEDC Board of Directors
Date: February 13, 2009
Agenda Item No: I -b
Subject: Review and consider action to approve KEDC Financial Reports.
Originated by: Sakura Moten - Dedrick, Dir. of Finance /Treasurer
Summary: Attached for your review is the EDC Income Statement and Revenue and Expense
report as of December 31, 2008.
Recommendation:
Disposition by KEDC Board of Directors:
tir �
A'FNNEI�lf
IW
PERSONNEL COSTS
FY07 -08
FY07 -08 YTD
19.91%
FY08 -09
FY08 -09 YTD
SUPPLIES
EST ACTUAL
December -07
PERCENT
BUDGET
December -08
MAINTENANCE
FUND BALANCE CARRY FORWARD: __ 1 , 496 , 399
-
REVENUES
1,000
-
SERVICE
640,542
16,932
SALES TAXES
331,269
72,311
21.83%
357,011
86,988
INVESTMENT EARNINGS
48,455
18,416
38.01%
50,000
4,710
FUND 95 INVESTMENT EARNINGS
-
-
#DIV /01
47,770
-
RENTAL INCOME
212,403
17,271
8.13%
175,200
20,498
OTHER INCOME
-
-
0.00%
100,000
TRANSFERS IN
-
-
0.00%
-
-
TOTAL EDC REVENUES
$ 592,127
'$ 107 ,998
18.24%
$ 582,211
$ 112,196
IW
PERSONNEL COSTS
110,172
21,937
19.91%
108,109
22,092
SUPPLIES
9,107
1,432
15.72%
21,600
1,337
MAINTENANCE
30
-
0.00%
1,000
-
SERVICE
640,542
16,932
2.64%
527,371
116,034
UTILITIES
978
353
36.06%
600
43
GRANTS / INCENTIVES
104,231
-
0.00%
100,001
-
TOWNCENTER
47,770
2,978
0.00%
74,210
4,330
CAPITAL
112,164
39,847
35.53%
207,316
40,652
TRANSFER OUT
100,000
-
-
TOTAL EDC EXPENDITURES $
1,124,993
$ 83,478
7.42%
1,040,207
184,487
REVENUES
IN EXCESS OF EXPENSES
(457,996)
ENDING FUND BALANCE: 1,038,403
ME%=
To KEDC Board of Directors
Date: February 14, 2009
Agenda Item No: I -c
Subject: Discuss status of the TownCenter with the Developer, David Johnson, Cypress Properties.
Originated by: Bob Hart, City Manager
Summary: David Johnson will be present to discuss his activities with the TownCenter development,
including interviews with engineers, potential tenants, and architects. Attachments
depicting the TownCenter and layout are provided.
Recommendation:
Disposition by KEDC Board of Directors:
To KEDC Board of Directors
Date: February 14, 2009
Agenda Item No: I -d.
Subject: Discuss strategic direction of Kennedale's Economic Development Program.
Originated by: Bob Hart, City Manager
Summary: The City is currently engaged in a strategic planning effort encompassing some element of a
sound economic development program including business development, transportation,
beautification, communications, city events, and land use. Further, the condition of the
national and regional economy will influence the direction of EDC activity. This item is on
the agenda in such a way as to explore ideas and perhaps reach consensus on those areas
with you may wish to explore further. Base information, which may assist you in this
discussion, includes:
• Existing industrial businesses:
❑ Excel Polymers Llc
❑ F W T Inc
❑ Global Servo Hydraulics Inc
❑ Goss International Americas
❑ Harrison Jet Guns
❑ Hawk Steel Industries Inc
❑ Jetbridge Technology Inc
❑ Mike Conkle's Custom Cabinet
❑ Redi Mix Inc #3
❑ Rebar Services & Supply Co
❑ Speed Fab Crete Corp Intl
❑ Us Galvanizing Lp
❑ Wear Master
® Existing support business community:
•
Celltex Site Services Lp
•
Covad Communications Co
•
Eagle Pipeline Const Co
❑
Maven Llc
•
Driver Pipeline Co Inc
•
Gin-Spen Inc
❑
Allied Drilling Co
❑
Circle C Construction
Page 1 of 2
• Double Seal Ring Co Llc
• Alliance Contractors Llc
• Fancon Construction
• C R Folmar & Son Concrete
• R E Watson & Associates Inc
• Price Rubber Corp
• Ace Industrial Services
• American Bearing Co
• Montgomery Manufacturing Co
• Taber Enterprises Inc
• Texas Fastener & Supply Co
• Grizzly Glass & Mirror
• Texas Tile Contractors
• M J Pipeline Inspection
❑ Rebs Concrete Construction
❑ J Rs Machine Shop
❑ U M Abrasives Inc
❑ Suburban Sheet Metal Ltd
❑ Precision Components Int Inc
• Petersen Machine
• Ace Rubber Products
• Metroplex Tooling & Mfg Inc
• Strowd Machine & Tool Co
• Potential development of Oak Crest area
( • Commuter rail stop
• Industrial zoned land
• Village Creek development opportunities
• TownCenter development including Kennedale Parkway changes
• Planned road improvements
• Kennedale Parkway/Eden Road business development
• Regional retail activity and expansion
• Future land use plans
• Creation of potential retail sites
= . .
Page 2 of 2
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To KEDC Board of Directors
Date: February 14, 2009
Agenda Item No: I -e
Subject: Discuss EDC staffing options.
Originated by: Bob Hart, City Manager
Summary: Following the retirement of Mike Soab, it is necessary to discuss desired skill sets and
differing organizational opportunities in filling the EDC director position. This agenda
item is on the agenda to explore alternatives and reach a consensus on a preferred route
rather than a final decision. The following outline is provided to initiate the discussion
from the city organizational perspective:
1. Hire an EDC director
2. engage an economic development consulting firm to provide the services of an EDC
director
3. utilize the executive director as EDC director and hire a city staff person to support
the city manager function
4. hire a combined EDC director and Planning Director
Each option has strengths and weaknesses with consideration influenced based on the
strategic direction of the EDC and City.
i IM .1
To KEDC Board of Directors
Date: February 13, 2009
Agenda Item No: I -f
Subject: Review and consider action to change date and time of future meeting, if needed.
Originated by: Kathy Turner, Secretary
Summary: Discussion will take place to see if there is a need to schedule any upcoming
workshops and/or special meetings, as well as discuss March 17, 2009 regular
meeting date to see if there is a need to reschedule.
Recommendation:
Staff Repot
To KEDC Board of Directors
Date: February 14, 2009
Agenda Item No: I -g.
Subject: Review and consider approval of Independent Audit Report for year ended September
30, 2008.
Originated by: Kathy Turner, Secretary to EDC
Summary:
Recommendation:
Disposition by KEDC Board of Directors:
To KEDC Board of Directors
Date: February 13, 2009
Agenda Item No: II
Subject: Staff Announcements /Reports
Originated by: Kathy Turner, Secretary EDC
Summary: Board of Directors will receive announcements /reports from the following:
a. KEDC Executive Director
1. Tax Increment Financing District.
2. Municipal Management District,
Recommendation:
Disposition by KEDC Board of Directors:
93%=1
To KEDC Board of Directors
Date: February 13, 2009
Agenda Item No: III.
Subject: President Announcements /Reports
Originated by: Kathy Turner, KEDC Secretary
Summary: President Announcements /Reports
1. Report agenda items to be posted for future meetings.
Recommendation:
Disposition by KEDC Board of Directors:
m1m , 0711M
To KEDC Board of Directors
Date: February 13, 2009
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.
1. Kennedale Parkway
2. New Hope Road.
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:
UZZOM
To KEDC Board of Directors
Date: February 13, 2009
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: