01.20.2009 EDC Minutes (2)289
MINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING — JANUARY 20, 2009
405 MUNICIPAL DR. — KENNEDALE MUNICIPAL BLDG.
COUNCIL CHAMBERS
President, Robert Mundy called the meeting to order 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, Sakura 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).
b. 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).
c. 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.