11.13.2006 EDC Minutes231
MINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
SPECIAL MEETING — NOVEMBER 13, 2006
405 MUNICIPAL DR. — KENNEDALE MUNICIPAL BLDG.
CONFERENCE ROOM
Vice President, Robert Mundy called the meeting to order at 7:26 p.m.
Members present: Vice President, Robert Mundy; Board of Directors Wayne Wooten, Beverly
Hayes, and Marsha Knox. Doug Parker arrived at 7:36 p.m.
Members absent: President, Nita Vaughn, Board of Director Rob Morris.
Staff present: Mark White, Interim Executive Director; Kathy Turner, Secretary; and Mike Soab,
EDC Director.
I. REGULAR ITEMS
1. Presentation by Todd Davidson of The Fowler Group dba Foxy Propaganda located
at 408 Kennedale Parkway, Kennedale, TX regarding their application for a
Functional Revitalization Grant.
Todd Davidson of The Fowler Group dba Foxy Propaganda gave a brief presentation
regarding the expansion of his business and addressed questions presented by the
Board.
2. The Board of Directors will review and consider approval of The Fowler Group dba
Foxy Propaganda's application for a Functional Revitalization Grant.
Doug Parker moved to approve a Functional Revitalization Grant to The Fowler
Group dba Foxy Propaganda based on a 1 to 6 ratio not to exceed Thirty Thousand
Dollars ($30,000.00), and subject to a one year Performance Agreement, second by
Wayne Wooten. Motion carried (5 -0).
Vice President Mundy recessed into executive session at 8:00 p.m.
II. EXECUTIVE SESSION
1. The Board of Directors will meet in closed session pursuant to Section 551.072 of the
Texas Government Code to deliberate the purchase, exchange, lease, or value of real
property
III. RECONVENE INTO OPEN SESSION AND TAKE ACTION NECESSARY
PURSUANT TO EXECUTIVE SESSION.
Vice President Mundy reconvened into open session at 8:34 p.m. with no action taken by
the Board of Directors on executive session item.
VI. ADJOURNMENT
Beverly Hayes moved to adjourn the meeting at 8:35 p.m., second by Marsha Knox.
Motion carried (5 -0).
APPROVED:
ATTEST:
Kathy Turn r, Secretary to EDC
Vice President, • obert P. ndy
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