08.15.2000 EDC Minutes103
MINUTES OF
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING — AUGUST 15, 2000
100 E. BROADWAY ST. — COMMUNITY CENTER
President Vaughn called the meeting to order at 7:04 p.m.
Members present: Nita Vaughn, Robert Mundy, Margaret Eichelberger, John Berry and Rob
Morris.
Members absent: Ron Kovach and Wayne Winters.
Staff present: Ted Rowe, Kathy Turner, Lynette Whidden and Dave White.
ITEM NO. 1— Consider approval of the minutes from the July 18, 2000 Regular Meeting
of the E.D.C. Board of Directors.
Robert Mundy moved to approve the July 18, 2000 regular meeting minutes as submitted,
seconded by Nita Vaughn. Robert Mundy and Nita Vaughn voted aye with Margaret
Eichelberger, John Berry and Rob Morris abstaining due to absence of July 18, 2000 meeting.
Motion carried.
ITEM NO. 2 — Review of financial reports.
Lynette Whidden, Treasurer briefed board of directors on the sales tax report and investment
report.
President Vaughn called for agenda item four prior to item three.
ITEM NO. 4 — Consider Economic Development Corporation budget for fiscal year 2000/2001.
After a brief discussion, it was the consensus of the board of directors to carry forward the unused
portion of the visual/functional grant monies to the proposed 2000/2001 budget, which would
reflect a total of $60,000 for visual grants, and $314,000 for functional grants. It was also noted
that the salary would remain at $38,620.
Robert Mundy moved to approve the proposed Economic Development Corporation board of
directors 2000/2001 budget with the above noted changes, seconded by Margaret Eichelberger.
Motion carried.
ITEM NO. 3 — Consider appointments /reappointments to the Economic Development
Corporation Board of Directors and forward recommendation to City Council.
President Vaughn announced that Wayne Winters had submitted his resignation from the Board
of Directors and that the board needed to think of a replacement.
Executive Director, Ted Rowe reminded the board that the law had changed and that non-
residents could be appointed to the board. John Berry recommended Ralph Shelton.
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Margaret Eichelberger moved to forward a recommendation to Council to reappointment Ron
Kovach to Place 2; Robert Mundy to Place 4; and John Berry to Place 6 with terms to expire in
October 2002. Rob Morris seconded the motion and all members voted in favor.
ITEM NO. 5 - Staff comments: In addition to matters specifically listed below, staff comments
may include updates on ongoing or proposed projects related to their depa' tinent
and may address posted agenda items.
Economic Development Director Report — Margaret Eichelberger reported that Mr. Lynn Harris
of Kennedale was looking for 14 acres to develop a fish farm and that at present there were no
available properties that were suitable to Mr. Harris. She also stated that she had received a grant
inquiry from an antique shop owner wanting to locate within Kennedale, and that no work had
commenced on the grant presented to Burger Box and the deadline was approaching in
December.
Executive Director Report — Ted Rowe updated the board on the proposed construction of
Bowman Springs Road to Mansfield Highway. He stated that Mr. Dave White would be working
on the project and was scheduled to meet with the City of Arlington, developers and homeowners
within the next two weeks to review the location of the proposed roadway.
ITEM NO. 6 - Future agenda review.
President Vaughn recommended an update on the Bowman Springs Road construction project
and discussion on a proposed round table meeting. John Berry requested an economic impact
report on surrounding properties of the Bowman Springs Road project.
No other discussion, President Vaughn adjourned the meeting at 8:11 p.m.
ATTEST: