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11.27.2000 EDC Minutes109 MINUTES OF KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING — NOVEMBER 27, 2000 209 N. NEW HOPE ROAD — KENNEDALE CITY HALL (MAYOR'S OFFICE) President Vaughn called the meeting to order at 7:02 p.m. Members present: Nita Vaughn, Robert Mundy, Margaret Eichelberger, and John Berry. Rob Morris arrived at 7:05 p.m. Members absent: Ron Kovach Staff present: Ted Rowe, Kathy Turner, Dave White and Li Jen Lee. ITEM NO. 1— Consider approval of the minutes from the October 24, 2000 regular Meeting of the E.D.C. Board of Directors. John Berry moved to approve the minutes from the October 24, 2000 Regular Meeting as submitted, seconded by Margaret Eichelberger. Motion carried. ITEM NO. 2 — Consider appointing Mrs. Li Jen Lee, Director of Finance as Treasurer to the Economic Development Corporation Board of Directors. Board members expressed their thanks to Mrs. Turner for acting as Treasurer during the period when the City of Kennedale was without a Director of Finance. Robert Mundy moved to remove Kathy Turner as Treasurer, second by Margaret Eichelberger. Motion carried. Robert Mundy moved to appoint Li Jen Lee as Treasurer, second by Margaret Eichelberger. Motion carried. ITEM NO. 3 — Review of financial reports. Mrs. Li Jen Lee, Treasurer presented before the Board a revised revenue and expenditure report, available funds report as of October 31, 2000, and a sales tax history report. Board members reviewed the above reports and requested that two more years be added on the sales tax history report. ITEM NO. 4 — Consider extension request regarding Jet Bridge Technology, Inc. Grant. Margaret Eichelberger moved to grant a 60 -day extension to Jet Bridge Technology, Inc. which will expire on February 22, 2001, second by Robert Mundy. Motion carried. ITEM NO. 5 — Consider contribution to overhead water tower. John Berry moved to withdraw the contribution to overhead water tower from the possible project list of the Economic Development Corporation Board of Directors as the City Council approved funding for this project from the 1998 Bond Issue, second by Rob Morris. Motion carried. 110 ITEM NO. 6 — Consider appointment to the Economic Development Corporation Board of Directors and forward recommendation to City Council. Robert Mundy moved to table this item, second by Margaret Eichelberger. Motion carried. ITEM NO. 7 — Staff Comments Economic Development Director Report — Margaret Eichelberger proposed a question to the Board of Directors regarding a furniture purchase for the economic development office in the new city hall. She stated that the city went out on bids and all the furniture would be interchangeable with the exception of the economic office. She estimated that the cost would be $3,500. It was suggested that this item be placed on the next agenda for consideration. Next, Ms. Eichelberger briefed directors on the status of recent grant applications. She stated that Burger Box was in the process of addressing the Board of Adjustments and Hogan Hardwood had not submitted their second application. She also noted that a link had been added to the economic development web site linking to the Municipal Code Corporation and the City of Kennedale's City Code Book. Executive Director Report — Ted Rowe advised that he was still pursuing info nation regarding the Bowman Springs Road project and the extension of Little School Road. He said that he had met with one of the property owners of the land that abutted Little School Road and presented them a map reflecting the proposed roadway, and that the owners seemed optimistic about the project. In addition, Mr. Rowe advised that Texas Department of Transportation would be holding a public hearing on November 30, 2000 in the Kennedale Community Center regarding the extension and widening of Business 287. Project Coordinator Report — Dave White advised that the Bowman Springs Road survey had been completed and everything was on schedule. He said that a meeting would be scheduled in mid January between the surveyor and landowners to review the plan. ITEM NO. 8 — Future Agenda Review. President Vaughn reminded everyone that there would not be a December meeting and that the next meeting was scheduled for January 16, 2001 with the following items to be included on that agenda: report and update on grants from Burger Box and Jet Bridge Technology, Inc., furniture purchase, and Bowman Springs Road update. ADJOURNMENT Margaret Eichelberger moved to adjourn the meeting at 7:52 p.m. Second by Rob Morris and all members voted in favor. ATTEST: