02.24.1998 EDC MinutesMINUTES OF
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
WORKSHOP — FEBRUARY 24, 1997
401 CHITWOOD ST. — POLICE TRAINING ROOM
Margaret Eichelberger, Vice President, called the meeting to order at 6:34pm.
Members present: Margaret Eichelberger, Nita Vaughn, John Berry, and Michael Box.
Members Absent: Tom Boone and Ron Kovach.
Staff present: Ted Rowe and Thad Chambers.
Margaret Eichelberger turned the workshop over to Rusty Evans and Pat Jamison from T.U.
Electric. Mr. Evans introduced Mr. Jamison and outlined his background in economic
development activities. Mr. Evans then referred to a workshop agenda that he had prepared and
furnished to the Board members and staff. Because the workshop is scheduled for two nights, the
first session would be devoted to (1) developing a mission statement for the Corporation, and (2)
using the Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis to develop three or
four major goals for the Board. The second session will be devoted to developing objectives for
each goal and action plans for each objective.
Mr. Evans reviewed with the Board the process of Strategic Planning and outlined the process
that would be used by the Board. Thad Chambers presented the Board with examples of mission
statements from other economic development corporations. The Board discussed and revised a
draft mission statement and accepted the following mission statement for the Kennedale
Corporation:
"To act on behalf of the City of Kennedale in promoting and developing
authorized projects while supporting economic development activities to
retain, expand and attract businesses for the purpose of diversifying the tax
base and improving the quality of life."
The group conducted a SWOT analysis and developed three major goal subjects — (a) Image, (b)
Quality Growth and (c) Infrastructure. At this point it was decided that it would be more
productive to begin identifying objectives at the next session.
Margaret Eichelberger adjourned the workshop session at 9:OOpm.
APPROVED:
Marg r. t Eichelberger, Vice"' esident
ATTEST:
Ted Rowe, Acting Secretary
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