07.22.2008 EDC Minutes (2)275
MINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING — JULY 22, 2008
405 MUNICIPAL DR. — KENNEDALE MUNICIPAL BLDG.
CONFERENCE ROOM
President, Robert Mundy called the meeting to order at 7:17 p.m.
Members present: President, Robert Mundy; Vice President, Beverly Hayes; Board of Directors
Megan Husby, Donnie Graham, Darrell Erwin, and Rebecca Mowell.
Members absent: Board of Director, Doug Parker.
Staff present: Bob Hart, Executive Director, Mike Soab, KEDC Director, and Clifford Blackwell,
III, Treasurer.
I. REGULAR ITEMS
a. Review and consider approval of minutes: Regular meeting dated June 17, 2008.
Rebecca Mowell moved to approve meeting minutes dated June 17, 2008 as
submitted, second by Donnie Graham. Motion carried (6 -0).
b. Review and consideration of KEDC authorization of partial reimbursement for
approved Functional Grant related expenses to Chicken Express.
Rebecca Mowell moved to authorize the KEDC to pay One Thousand Seventeen
Dollars and Twenty Cents ($1,017.20) now, and then pay One Thousand Seventeen
Dollars and Nineteen Cents ($1.017.19) upon completion of bathroom for approved
Functional Grant related expenses to Chicken Express. Motion second by Beverly
Hayes. Motion carried (6 -0).
c. Public Hearing, Review and consideration to approve proposed economic
development projects and the KEDC budget for fiscal year 2008 -2009.
1. Staff presentation — Mike Soab, KEDC Director stated that the listed projects
are proposals, and just because they are listed, does not mean that the KEDC
will expend funds on such.
Next, a brief discussion ensued on the proposed 08 -09 budget with no
additions /deletions.
2. Public Hearing - To receive citizen input on the proposed economic
development projects and KEDC budget for fiscal year 2008 -2009.
1. Project Planning, Construction, Development, and on -going Day -to -Day
Operations/Management /Marketing of a "mid -city" downtown district
including but not limited to the commercial, medical, retail, and (New
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Urbanism style, typically higher density /multi- storied) residential growth
of TownCenter Kennedale and its surrounding area;
2. The development of new and renovation of existing commercial /
residential and municipal / KEDC projects designed to enhance
Kennedale's lifestyle and quality of life;
3. The further development / beatification / landscaping / upgrading of the
TownCenter Kennedale area and its adjoining TCK Plaza;
4. The planning, implementation, marketing, and operation of Civic / City
Events and establishment of a City /TCK Public Arts Program;
5. The construction of a new Kennedale Entranceway Monument Sign at
a site TBD;
6. The creation & implementation of Kennedale Parkway, Village Creek,
and I -20 commercial and residential Urban Renewal / Development /
Redevelopment / Revitalization / Beautification plans and actual
projects derived from these plans;
7. The Creation of a Tax Increment Financing District(s) (TIF) including
Consultation, Planning, Legal, and Engineering Services;
8. A Kennedale Marketing and Implementation Plan aimed at City
Branding and attracting new Kennedale projects and businesses;
9. The continuation of the existing Revitalization Grant Program and
funding;
10. The recruitment of new and retention of existing Kennedale industrial
businesses and development / redevelopment of industrial park(s);
including but not limited to rail spurs, infrastructure, etc;
11. The attraction and development of DFW Metroplex area commuter
transit / light rail / mass transportation services including the
development of a Kennedale rail station and related improvements;
12. The purchase / leasing / sale or other means of transfer of real estate
land and properties for the accomplishment of the above designated
projects;
13. The issuance, purchase, sale, or other means of transfer of Bonds and
other debt instruments designed to fund the above objectives including,
but not limited to implementing a Tax Increment Financing (TIF) District
and mixed -use project(s) development/redevelopment;
14. The implementation of an E -Civis Grant Writing Program; and
15. All necessary services and related expenses for the above projects
including but not limited to project master- planning; engineering;
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alternate energy sources; project advertising / marketing; related
consultant and legal services; new construction / remodeling /
maintenance of landscaping, roadways, City / KEDC owned or
leased buildings, and their related improvements.
Shelley Hibbard, 7089 E. Kennedale Parkway, Kennedale, TX registered
during the public hearing, but provided no comments in regards to the
budget.
With no other persons registering to speak for or against the proposed
projects or proposed budget for fiscal year 2008 -2009, President Mundy
closed the public hearing.
3. Action on projects and budget for fiscal year 2008 -2009.
Rebecca Mowell moved to forward a recommendation to the City
Council to consider the proposed 15 projects and budget for fiscal year
2008 -2009, second by Beverly Hayes. Motion carried (6 -0).
d. Review of KEDC Financial Reports.
Clifford Blackwell, III, Treasurer provided the board with a monthly detailed report
and a revised summary report. Blackwell said revised summary report reflected a
more projected outlook at where the funds would stand at years' end.
II. STAFF ANNOUNCEMENTS/REPORTS
a. Executive Director Announcement/Reports.
Bob Hart, Executive Director and City Manager reported on the Strategic Plan that
would begin kick off in September and run through March with roles being defined
over the next couple of weeks.
b. KEDC Director Announcement/Reports.
Mike Soab, KEDC Director addressed the Board on the following:
1. Waiver of grant requirements prior to grant approval for the Pitt Stop Cafe;
2. Oil and Gas Lease bids;
3. Request from Subway for larger signage;
4. Update on TownCenter Plaza and expenditures;
5. Increase in vacation and car allowance for fiscal year budget 2008 -2009;
6. Re- scheduling of August 19th meeting;
7. TownCenter Shopping Center Facade and theme for such;
President, Robert Mundy advised that grant request was not a posted agenda item;
therefore no action, commitment, votes could be taken, only discussion in light of
Soab's report.
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M. PRESIDENT/BOARD ANNOUNCEMENTS /REPORTS
a. President Announcements/Reports
President, Robert Mundy spoke about the Friends of the Library's proposed request
to place a sign on the back of the Library Building that mirrors the front signage to
identify the building to the public.
b. Board of Directors Announcements/Reports
With no announcements /reports from the Board of Directors, President Mundy
recessed the meeting at 9:00 p.m. to enter into executive session.
W. 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 9:13 p.m.
Megan Husby moved to authorize a gas lease in accordance to the same terms and
conditions that the City Council negotiates for the city properties, and authorized the City
Manager to sign the lease. Motion second by Darrell Erwin with all members present
voting in favor. Motion carried (6 -0).
VI. ADJOURNMENT
Rebecca Mowell moved to adjourn the meeting at 9:15 p.m., second by Donnie Graham.
Motion carried (6 -0).
APPROVED:
President, Robert
ATTEST:
Kathy Turner, Secretary to EDC