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11.17.1998 EDC Minutes52 MINUTES OF KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING — NOVEMBER 17, 1998 100 E. BROADWAY ST. — COMMUNITY CENTER President Eichelberger called the meeting to order at 7:04 p.m. Members present: Margaret Eichelberger, Robert Mundy, Ron Kovach, Michael Box, Rob Morris and John Berry. Members absent: Nita Vaughn. Staff present: Ted Rowe, Kathy Turner, Lynette Whidden and Thad Chambers. ITEM NO. 1— Consideration of minutes: Regular Meeting — October 20, 1998. John Berry moved to approve the regular meeting minutes dated October 20, 1998 contingent upon amending the second sentence of Item number two to read as follows "It was also noted that the City of Kennedale was awarded a $4,000 grant from Southwestern Bell to purchase computer equipment for the Economic Development Corporation." Rob Morris seconded the motion, and motion carried. ITEM NO. 2 — Consideration of Financial Reports. Board members were presented financial statements for the year -end 1998, which reflected total sales tax collected of $189,637.75, and a ending cash position of $255,491.62. Next, a brief question and answer period followed with no other action being taken. ITEM NO. 3 — Consideration of Marketing Plan. The Marketing Plan for the City of Kennedale was presented to each board member for review. After discussion, it was the consensus of the board to schedule a special meeting on December 1 at 7:00 p.m. to consider the Plan and if approved, forward a recommendation to City Council for their acceptance with a budget amendment. ITEM NO. 4 — Briefing on round table sessions by economic development director. Board members were advised that the round table session for existing businesses would include a luncheon to be held in the community center with promotional items to include coffee mugs, note pads, pens, gift bags and golf packs. Members agreed that projected dates should be included in the Marketing Plan and would like to consider this proposal at the December 1st meeting. ITEM NO. 5 — General discussion. Items brought up for discussion included the following: • Letterhead, and • Economic Development Director's year to date activity report, and • Briefing by economic development director on attendance of trade show in Dallas, Texas, and Allies Day in Mansfield, Texas, and 53 • Local option liquor election, and • Upcoming annexation and zoning of land in the city's ETJ, and • Ambulance service, and • Direct business incentive funds for future economic development growth. President Eichelberger recessed the meeting at 8:36 p.m. and entered into executive session at 8:45 p.m. ITEM NO. 6 — Executive session. The Board of Directors will meet in closed session to deliberate the purchase, exchange, or value of real property, Section 551.072, Texas Government Code. President Eichelberger reconvened into open session at 9:02 p.m. ITEM NO. 7 — Action on executive session, if necessary. No action was taken on this item. President Eichelberger adjourned the meeting at 9:05 p.m. APPROVED: ATTEST: (14 1-�u, k ( Marga .6et Eichelberger, Presid nt