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04.13.2010 EDC Minutes335 MINUTES KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING — APRIL 13, 2010 405 MUNICIPAL DR. — KENNEDALE MUNICIPAL BLDG. COUNCIL CHAMBERS L CALL TO ORDER President Mundy called the meeting to order at 7:16 p.m. II. ROLL CALL Kathy Turner, Secretary called roll with the following persons present: Present: Robert Mundy President Donnie Graham Vice - President Doug Parker Board Member Mark Yeary Board Member Rebecca Mowell Board Member Darrell Erwin Board Member — Arrived at 7:28 p.m. Absent: Beverly Hayes Board Member Staff members present included: Bob Hart Executive Director Kathy Turner Secretary Drew Martin Orasi Development — Contract Provider III. REGULAR ITEMS A. Review and consider action to approve regular meeting minutes dated March 25, 2010. Doug Parker moved to approve regular meeting minutes dated March 25, 2010 contingent upon the word "Year" be corrected to read " Yeary" under Item number III -A, first sentence. Donnie Graham seconded the motion and motion carried (5 -0). P. Review KEDC Financial Reports. Rebecca Mowell moved to approve KEDC Financial Reports for the month ending February 2010, seconded by Mark Yeary. Motion carried (5 -0). 336 C. Review and consider action to award bid for parking, utility, and drainage improvements for Kennedale TownCenter. Rebecca Mowell moved to authorize the Executive Director to sign a contract with JLB Contracting in the amount of $1,226.363.56 for parking, utility, and drainage improvements to the Kennedale TownCenter. Donnie Graham seconded the motion and motion carried (6 -0). D. Review and consider action to assist the Keep Kennedale Beautiful Commission with funding for new signage. Robert Mundy moved to provide up to Five Hundred Dollars ($500.00) to the Keep Kennedale Beautiful Commission to assist with Adopt a Street signage. A brief discussion took place with a recommendation to obtain a commitment from proposed groups to purchase adoption signs to retain better participation in the program. No further discussion, Donnie Graham seconded the motion and motion carried (6 -0). E. Discuss and finalize the TownCenter ground breaking — April 24th at 10:00 AM Bob Hart, Executive Director indicated that the ground breaking ceremony was moving ahead and within 30 days action would start taking place. He then addressed the invitation included in the packet and a brief discussion took place with recommended revisions to the invitation. F. Review and consider action to change date and time of future meetings. It was noted that the next regularly scheduled meeting for May 18th would remain as scheduled. IV. STAFF ANNOUNCEMENTS/REPORTS A. KEDC Executive Director Announcement /Reports Bob Hart, Executive Director provided updates on the following: 1. United States Fallen Heroes Memorial Foundation — Announcement scheduled on May 27th at 10:00 a.m. at the Rangers Ball field Media Room, Arlington, TX. 2. Board Appreciation Dinner — Scheduled for Thursday, April 29th at Life Fellowship Church to begin at 6:30 p.m. Indicated polo shirts have been ordered with a logo of the Section House to tie into the TownCenter. 3. Economic Analysis — Scheduled for Tuesday, May 4th to begin at 3:30 p.m. in the Council Chambers. UTA Grad Class would make a presentation to include Industrial and Employment Resources SWOT Analysis, Labor and Occupational Resources SWOT Analysis, Land and Physical Resources Recommendations, Business Listing with SWOT Category listing strengths and weaknesses. 337 4, Oak Crest Redevelopment Project — Scheduled in conjunction with the May 13"' Council Meeting Work Session. UTA Grad Class will provide an Oak Crest Redevelopment Project report. 5. Section House Restoration — Indicating project to restore Section House is proceeding, Rotary Club doing volunteer clean up, local business doing demolition, and moving of structure scheduled for summer of 2010 with restoration taking place on TownCenter site. 6. 9 -11 Memorial — Planning stages being carried out with FWT, Inc., arranging for shipment of steel. 7. Economic Activity — Provided update on road projects, and related economic activities. B. Orasi Development Report Drew Martin, Vice - President with Orasi Development introduced himself and provided a brief background on his work history and said he was excited to work with Kennedale. V. PRESIDENTBOARD ANNOUNCEMENTS/REPORTS A. President Announcements /Reports 1. Report agenda items to be posted for future meetings. No report of agenda items to be posted for future meetings. President Mundy indicated that no executive session would take place at the advice of Bob Hart, Executive Director. 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 prospect with which the city is conducting economic development negotiations. 1. Fallen Heroes Monument 2. 1000 E. Kennedale Parkway 3. 5500 W. Kennedale Parkway VII. RECONVENE INTO OPEN SESSION AND TAKE ACTION PURSUANT TO EXECUTIVE SESSION, IF NECESSARY. No executive session was held. 338 VIII. ADJOURNMENT There being no further discussion, President Mundy asked for a motion to adjourn. Doug Parker so moved and Donnie Graham seconded the motion with all members present voting in favor. Motion carried (6 -0). Meeting adjourned at 8:12 p.m. APPROVED: „---- - -Iiii . President, Robert ATTEST: Kathy Tur r, Secretary to EDC