11.12.2008 EDC Minutes (2)287
MINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING — NOVEMBER 12, 2008
405 MUNICIPAL DR. — KENNEDALE MUNICIPAL BLDG.
COUNCIL CHAMBERS
7:15 PM
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
Doug Parker, Mark Yeary, Darrell Erwin, Rebecca Mowell, and Donnie Graham.
Members absent: None.
Staff present: Bob Hart, Executive Director; and Mike Soab, KEDC Director.
I. REGULAR ITEMS
a. Review and consider action to approve minutes: regular meeting dated October
21, 2008, and special meeting dated October 28, 2008.
Doug Parker moved to approve the above minutes as written, second by Mark
Yeary. Motion carried. (7 -0)
b. Review and consider action to approve KEDC Financial Reports.
Darrell Erwin moved to approve financial reports as submitted, second by
Donnie Graham. Motion carried. (7 -0)
c. Review and consider action to change date and time of future meetings.
After a brief discussion and no recommendations to move meeting date, it was
said that regular meeting scheduled for Tuesday, December 16, 2008 would
stand.
d. Discussion of Economic Development Director's position.
Mike Soab, KEDC Director announced his retirement effective January 31, 2009.
II. STAFF ANNOUNCEMENTS/REPORTS
a. KEDC Director Announcement/Reports
1. Update on TownCenter Projects.
Mike Soab, KEDC Director informed the Board that they were in a due
diligence period until January 31, 2009 with David Johnson to move forward
with the development of the TownCenter.
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2. Update on grants for 08/09 and on upcoming grant prospects.
Mike Soab, KEDC Director provided an update on the on -going grants for The
Pit Stop Cafe and Lance Crosswhite, as well as an overall grant status
worksheet for fiscal year 2008.
III. PRESIDENT/BOARD ANNOUNCEMENTS /REPORTS
a. President Announcements/Reports
1. Report agenda items to be posted for future meetings.
President, Robert Mundy questioned board members if they had any items they
would like to see posted on a future agenda. No items were brought forth.
Additional discussion took place in regards to placement of agenda items on
future agendas. It was suggested that board members notify staff at least 72
hours in advance to have an item placed on the agenda, and preferably four
workdays in advance to allow for sufficient time to gather appropriate
information to distribute in packets.
No further discussion, President, Robert Mundy recessed the meeting at 7:32
p.m. to enter into executive session.
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.
President, Robert Mundy reconvened into open session at 8:22 p.m. with no action taken
on executive session items.
VI. ADJOURNMENT
Rebecca Mowell moved to adjourn the meeting at 8:24 p.m., second by Darrell Erwin.
Motion carried. (7 -0)
ATTEST:
Kathy Turn '`, Secretary to EDC
APPROVED:
G e' i f i i r LRt'
President, Robert Mundy