03.01.1999 EDC Minutes60
MINUTES OF
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
SPECIAL MEETING — MARCH 1, 1999
100 E. BROADWAY ST. — COMMUNITY CENTER
Vice - President Vaughn called the meeting to order at 7:05 p.m.
Members present: Nita Vaughn, Robert Mundy, John Berry, Ron Kovach, Rob Morris and
Michael Box.
Members absent: Margaret Eichelberger
Staff present: Ted Rowe
Vice - President Vaughn considered item two for discussion prior to item one.
ITEM NO. 2 — General discussion.
Vice - President Vaughn briefed board members on the recent meeting with Forest Hill City
Council and that the extra territorial jurisdiction was an item on their March 2 agenda. Consensus
was to give the possible transfer of ETJ a high priority in selection of projects.
ITEM NO. 1— Take vote on capital improvement projects, schedule public hearing, and forward
recommendation to City Council for consideration.
After review of the updated information requested at the last meeting and general discussion,
Robert Mundy moved to table items one through eight with the exception of item three (median),
seconded by John Berry.
After discussion, John Berry removed his second and motion died for lack of second.
Motion by Ron Kovach to establish a short to intermediate term (1 to 5 years) with five projects,
projects being and prioritized as item numbers 3, and add ETJ for item 9, 8, 6, and 7. All other
projects fall under long -term projects, which include item numbers 1, 2, 4, 5, and 8 with no
prioritization. Michael Box seconded the motion.
After discussion, Robert Mundy moved to amend the motion to move items 6 and 7 to the long-
term list, seconded by John Berry. Amending motion passed. Original motion by Kovach, as
amended, then passed.
Motion by John Berry to move project numbers 4 and 1 to short term with a priority of 4 and 5,
seconded by Michael Box. Motion failed.
Motion by Ron Kovach, seconded by Michael Box to accept the submitted statement as a lead -in
to the Capital Improvement Project Plan with the following changes:
1. Remove comma after "These projects" on the 4t" line, and
2. Add "or enhancement" after development on the 5th line.
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The statement will read as follows:
"This Capital Improvement Project Plan has been developed in support of the Kennedale
Economic Development Corporation Strategic Plan. Selected projects have been determined to
meet the requirement that they directly support potential economic development opportunities.
These projects focus expenditure of 4B sales tax revenues in a minimum number of areas which
provide the greatest potential for commercial and /or light industrial development or enhancement
in the near future while retaining funds to provide flexibility."
After discussion, all voted aye.
Rob Morris moved to adjourn the meeting at 8:16 p.m., seconded by Ron Kovach. All voted in
favor.
Acting S - cretary
APPROVED:
A.L tA,A
Marga et Eichelberger, Pres dent