11.27.2012 EDC MinutesECONOMIC DEVELOPMENT CORPORATION
MINUTES
BOARD OF DIRECTORS - REGULAR MEETING
November 27, 2012
CITY HALL COUNCIL CHAMBERS, 405 MUNICIPAL DRIVE
1. CALL TO ORDER
Robert Mundy called the meeting to order at 7:15PM.
II. ROLL CALL
Present Robert Mundy, Pat Turner, Mark Yeary, Darrell Erwin
Absent: Beverly Hayes, Donnie Graham, Rebecca Mowell
Note: Bob Hart was not at this meeting due to illness. Amethyst Cirmo was not at this meeting as she
was out of town. Kelly Cooper stood in.
III. MINUTES APPROVAL
A. Consider approval of minutes from October 30, 2012 regular meeting.
Motion To approve the minutes as presented. Action Approve, Moved By Pat Turner, Seconded By
Robert Mundy
Motion Passed Unanimously
IV. REGULAR ITEMS
V. STAFF ANNOUNCEMENTS /REPORTS
A. Updates from the Executive Director, Orasi Development, and the Kennedale Chamber of
Commerce.
1. Chamber update
The Chamber was not present at this meeting.
2. TownCenter (parking lot, lease, and sign status, etc)
No update.
3. Tax Increment Reinvestment Zone status
Bob Hart recently met with Tarrant County Community College to further this plan.
Participation agreements for this plan will go to Council in February 2013.
4. Transportation enhancement application
An application regarding the addition of sidewalks on the east side of Kennedale Parkway has
been submitted.
5. Cooper's Corner update
Bob Hart is currently working with the owner on completion of the sign.
6. ICSC update
Jack Thompson noted that the event drew a large crowd, that the Kennedale booth drew the
most traffic. He provided a list of prospective clients from the event. Mr. Thompson also
introduced Orasi Development's new marketing and retail staff member Chelsea Petty to the
board.
7. Sale of property at 621 E. Kennedale Parkway
This property was sold to Ambulance Sales and will close in December.
Robert Mundy closed the regular session and entered executive session at 7:42 PM.
VI. EXECUTIVE SESSION
A. The Economic Development Corporation will meet in closed session pursuant to Section 551.087 of
the Texas Government Code to deliberate the offer of a financial or other incentive to a business
project with whom the city is conducting economic development negotiations.
1. Review and discuss incentives for hotel development, including Oak Crest development.
2. Review and discuss incentives for business at 698 E Kennedale Parkway
B. The Economic Development Corporation will meet in closed session pursuant to Section 551.072 of
the Texas Government Code to deliberate the purchase, lease, or value of real property.
1. Sale of property at 6704 Lindale Rd.
VII. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO
EXECUTIVE SESSION, IF NEEDED
Robert Mundy reopened the regular session at 8:07 PM.
No action pursuant to the executive session was necessary.
VIII. ADJOURNMENT
There will not be a meeting in December.
Motion To adjourn. Action Adjourn, Moved By Pat Turner Seconded By Darrell Erwin.
Motion Passed Unanimously
The meeting was adjourned at 8:10 PM.
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ATTEST: f
Amethyst V W. Cirmo, City Secretary
APPROVED:
President Robert Mundy
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