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09.01.1998 EDC MinutesMINUTES OF KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS SPECIAL MEETING — SEPTEMBER 1, 1998 100 E. BROADWAY ST. — COMMUNITY CENTER President Eichelberger called the meeting to order at 7:00 p.m. Members present: Margaret Eichelberger, Nita Vaughn, Robert Mundy, John Berry, and Michael Box. Ron Kovach arrived at 8:15 p.m. Members absent: Rob Morris Staff present: Ted Rowe, Lynette Whidden and Thad Chambers. ITEM NO. 1— Review preliminary report and select eligible projects for economic development to be submitted to City Council. The board discussed the following projects: extension of Little School Road, straightening of Kennedale Sublett from Mansfield Highway to Hillside Drive, upgrade walk around City Park, construct water storage tank, purchase and develop land for economic development, and purchase a 5 to 10 acre site for commercial development. The above discussion ended with a straw vote with action scheduled at a special meeting September 22, 1998. ITEM NO. 2 — Consideration of economic development budget for fiscal year 1998 -99. Robert Mundy moved to forward the 1998 -99 Economic Development Corporation budget with $2,900 added in advertising for a total of $62,033 (attached) to the City Council for their approval, and to table the Kennedale Marketing Program for further consideration, seconded by Ron Kovach. Motion carried with all in favor. *Note the attached budget will not reflect $62,033 due to $2,000 added to Special Services to cover an independent audit. Total reflected is $64,033. ITEM NO. 3 — General discussion. Board members were briefed on the grant received from Southwestern Bell for a new computer system. There being no further discussion, President Eichelberger adjourned the meeting at 9:20 p.m. APPROVED: ATTEST: Secretary Margar t Eichelberger, Pres 46