06.29.1999 EDC Minutes69
MINUTES OF
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
SPECIAL MEETING — JUNE 29, 1999
100 E. BROADWAY ST. — COMMUNITY CENTER
President Eichelberger called the meeting to order at 7:05 p.m.
Members present: Margaret Eichelberger, Nita Vaughn, Robert Mundy, Ron Kovach, Michael
Box and Rob Morris.
Members absent: John Berry
Staff present: Ted Rowe and Kathy Turner
ITEM NO. 1— Consideration of amendment to Strategic Plan and forward to Council
for approval.
Board members were provided copies of the following goals with action steps for review.
GOAL #1
Aggressively purchase land suitable for development, encourage redevelopment of existing
property, and construct infrastructure that will enhance the economic development of our
community.
STEPS
• Purchase available land for commercial, industrial development.
• Build and maintain infrastructure sufficient to support our vision of growth.
• Encourage the redevelopment of property to a better economic use.
• Increase highway capacities to improve productivity for business and citizens.
GOAL #2
Develop and implement a comprehensive citywide business development, expansion, and
retention program.
STEPS
• Organize periodic retreat with members of the business community, Chamber of Commerce,
City Council, City Manager, and local Utility Companies.
• Conduct a survey of business needs in Kennedale to periodically ensure that our business
retention efforts are focused appropriately.
• Address the issues that contribute to business retention and growth.
• Conduct periodic round table meetings with business owners to improve the communication
between the city and the business community.
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• Periodically hold an "Economic Summit" to be conducted in partnership with the Chamber of
Commerce to provide information to and exchange information with the business community
GOAL #3
Develop a variety of financial incentives to help retain existing businesses and attract new
business in order to strengthen and diversify Kennedale's economy.
STEPS:
• Establish a revolving loan program to encourage the expansion of existing business.
• Provide funding for business loans to expand, improve, or increase economic development.
• Offer businesses low interest loans for improvements to property and buildings.
Ron Kovach moved to amend the Strategic Plan by adding Goal Number One, seconded by
Robert Mundy. Motion carried.
Robert Mundy moved to amend the Strategic Plan by adding Goal Number Two, seconded by
Rob Morris. Motion carried.
Michael Box moved to amend the Strategic Plan by adding Goal Number Three, seconded by
Rob Morris. Eichelberger, Vaughn, Kovach, Box and Morris voted aye, with Mundy voting
against. Motion carried.
Board members agreed that the above changes would be submitted to Council for consideration at
their July 8 meeting.
ITEM NO. 2 — Consideration of eligible projects for economic development, schedule public
hearing, and forward recommendation to City Council for approval.
Ron Kovach moved to forward the following projects to City Council for consideration
contingent upon the addition of project nine, acquire land for economic development (short term),
seconded by Rob Morris. Motion carried.
1. Widen New Hope Road - Build 3 -lane concrete street with curb and gutter. (Long term)
2. Cross road from Business 287 to Hudson Village Creek Road - Build 3 -lane concrete street
with curb and gutter. (Long term)
3. Improve Median on Little School Road and add sign. (Short term)
4. Widen Little School Road from Shady Creek to Mansfield Cardinal Road - Build 4 lane
concrete street with curb and gutter. (Long term)
5. Southern City Sewer to annexed area - 10 -inch sewer. (Long term)
6. Water Main from Little School Road to Bowman Springs Road — 12 -inch main. (Long
term)
7. Erect new Overhead Water Storage Tank with connecting 12 -inch water main. (Long term)
8. Purchase land for a Bowman Springs to Dick Price Road connecting street. (Long term)
9. Acquire land for economic development. (Short term)
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ITEM NO. 3 — General discussion.
It was noted that the city has requested a community development block grant for project number
five due to the unhealthy conditions of defective septic systems.
Michael Box moved to adjourn the meeting at 8:15 p.m., seconded by Ron Kovach. Meeting
adjourned.
APPROVED:
Margaret Eichelberger, President
ATTEST: