2014_04.29 EDC MinutesECONOMIC DEVELOPMENT CORPORATION
MINUTES
BOARD OF DIRECTORS - REGULAR MEETING
April 29, 2014
CITY HALL COUNCIL CHAMBERS, 405 MUNICIPAL DRIVE
I. CALL TO ORDER
Robert Mundy called the meeting to order at 7:05PM.
II. ROLL CALL
Present: Pat Turner, Robert Mundy, Mark Yeary, Rebecca Mowell, Ronald Whitley, Mike Johnson,
Adrienne Kay
Absent: none
Staff Present: Bob Hart (Executive Director), Sakura Dedrick (Finance), Jack Thompson (Orasi
Development)
III. MINUTES APPROVAL
A. Consider approval of minutes from the March 25, 2014 regular meeting.
Motion To approve the minutes as presented. Action Approve, Moved By Mark Yeary Seconded By
Rebecca Mowell
Motion Passed Unanimously
IV. REGULAR ITEMS
A. Review and accept the KEDC Financial Report for February 2014.
Sakura Dedrick presented the report.
Motion To approve the financial report as presented. Action Approve, Moved By Ronald Whitley
Seconded By Adrienne Kay
Motion Passed Unanimously
V. STAFF ANNOUNCEMENTS /REPORTS
A. Updates and information from the Executive Director,
Executive Director Bob Hart provided information on the following topics:
1. TownCenter marketing plan presentation on May 1 at 3:00pm at UTA.
All members were invited to attend this presentation.
2. Link Street and Oak Crest development update.
This project is well underway and several conversations with developers have taken place.
3. 12 at 12 meeting on April 23, 2014.
This meeting program is going well and has been well- received by those who have
participated thus far.
4. May 24, 2014 EDC meeting.
President Mundy recessed the meeting into executive session at 7:29PM.
VI. EXECUTIVE SESSION
A. The Economic Development Corporation will meet in closed session pursuant to Section 551.072 of
the Texas Government Code to deliberate the purchase, lease, or value of real property.
1. Discuss the sale of Oak Crest sites.
2. Discuss lease of Building 1 in Kennedale TownCenter
3. Discuss the sale of 1083 Bowman Springs Road in light of zoning and Comprehensive Plan
standards.
B. The Economic Development Corporation will meet in closed session pursuant to Section 551.087 of
the Texas Government Code to deliberate the offer of a financial or other incentive to a business
project with whom the city is conducting economic development negotiations.
1. Discuss development incentives at 1208 W. Kennedale Parkway.
2. Discuss development incentives at 120 Industrial Drive,
VII. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO
EXECUTIVE SESSION, IF NEEDED
President Mundy reopened the regular session at 9:41 PM.
No action pursuant to executive session was necessary.
A. Discuss the provision of economic development personnel and delivery efforts within the city.
A general discussion on this topic was held. No action was necessary.
VIII. ADJOURNMENT
Motion Adjourn. Action Adjourn, Moved By Rebecca Mowell, Seconded By Mark Yeary.
Motion Passed Unanimously
The meeting was adjourned at 9:42PM.
APPROVED:
President Robert Mun
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ATTEST:
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City Secretary methyst G. Sloane
405 Municipal Drive, Kennedale, TX 76060 1 Telephone: 817.985.2102 1 Fax: 817-478-7169