2014_07.22 EDC Agenda ic
KENNEDALE
Kennedale Economic
Development Corporation
www.cityofkennedale.com
ECONOMIC DEVELOPMENT CORPORATION
AGENDA
BOARD OF DIRECTORS - REGULAR MEETING
July 22, 2014
CITY HALL COUNCIL CHAMBERS, 405 MUNICIPAL DRIVE
REGULAR SESSION - 7:00 PM
I. CALL TO ORDER
II. ROLL CALL
III. MINUTES APPROVAL
A. Consider approval of minutes form June 17, 2014 regular meeting.
IV. REGULAR ITEMS
A. Consider approval of an agreement with the Chamber of Commerce for management services.
B.
NOTICE OF PROJECTS AND PUBLIC HEARING KENNEDALE ECONOMIC DEVELOPMENT
CORPORATION NOTICE IS HEREBY GIVEN that the Kennedale Economic Development
Corporation intends to participate in "Projects," as defined in the Development Corporation Act of
1979, as amended, Texas Revised Civil Statutes Annotated Article 5190.6, including, but not limited
to, designing, acquiring, improving, and operating the following:
1. "TownCenter Project," Operations/Management/Marketing of a "mid-city"downtown district
including but not limited to the commercial, medical, retail, land acquisition and (New Urbanism style,
typically higher density/multi-storied) residential growth of TownCenter Kennedale and its
surrounding area;
2. "Redevelopment Project," The development of new and renovation of existing
commercial/residential and municipal/KEDC projects designed to enhance Kennedale's lifestyle and
quality of life;
3. "TownCenter Beautification Project," The further
development/beautification/landscaping/upgrading of the TownCenter Kennedale area and its
adjoining TCK Plaza;
4. "Arts Project," The planning, implementation, and operation of Civic/City Events and
establishment of a City/TCK Public Arts Program;
5. "Sign Project,"The construction of a new Kennedale Entranceway Monument Sign at a site TBD;
6. "Parkway Project,"The creation & implementation of Kennedale Parkway, Village Creek, and I-20
commercial and residential Urban Renewal/Development/Redevelopment/Revitalization/
Economic Incentives/Beautification plans/Kennedale Parkway Landscape/Sidewalks and actual
projects derived from these plans, including Consultation, Planning, Legal, and Engineering
Services;
7. "Development Project,"The Creation of a Tax Increment Financing District(s) (TIF), Reinvestment
Zone and Municipal Management District (MMD) including Consultation, Planning, Legal, and
Engineering Services;
8. "Branding Project,"A Kennedale Marketing and Implementation Plan aimed at City Branding and
attracting new Kennedale projects and businesses;
9. "Grant Project," The continuation of the existing Revitalization Grant Program and funding for
fagade and/or signage improvements;
10. "Industrial Expansion Project," Industrial expansion and recruitment program, including loans, fee
waivers, incentive payments, driveway and access construction and land leases;
11. "Industrial Recruitment Project," The recruitment of new and retention of existing Kennedale
industrial businesses and development/redevelopment of industrial park(s), including but not limited
to rail spurs, infrastructure, and office parks, etc.;
12. "Hotel Project,"The attraction and development of a hotel, including site development, financing,
land lease, studies, and ownership investment;
13. "Transit Project,"The attraction and development of DFW Metroplex area commuter transit/light
rail/ mass transportation services, including land acquisition, the development of a Kennedale rail
station and related improvements;
14. "Landbank Project," The purchase/leasing /sale or other means of transfer of real estate land
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405 Municipal Drive, Kennedale, TX 76060 1 Telephone: 817.985.2102 1 Fax: 817-478-7169
C. Discuss and approve FY2014-15 Proposed Budget for recommendation to City Council.
V. STAFF ANNOUNCEMENTS/REPORTS
A. Updates and information from the Executive Director.
1. Link Street and Oak Crest development
2. Review Tax Increment Reinvestment Zone#1 (TIRZ) development status
3. Chamber of Commerce
4. Oak Crest employment district code
5. Village Creek
6. FEMA Flood Map
7. TIP Sidewalk Grant
8. TownCenter
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 1029 Bowman Springs Rd.
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 1298 W. Kennedale Parkway.
2. Discuss development incentives for High Ridge Road.
VII. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO
EXECUTIVE SESSION, IF NEEDED
VIII.ADJOURNMENT
In compliance with the Americans with Disabilities Act, the City of Kennedale will provide for reasonable
accommodations for persons attending City Council meetings. This building is wheelchair accessible, and
parking spaces for disabled citizens are available. Requests for sign interpreter services must be made
forty-eight (48) hours prior to the meetings. Please contact Amethyst Sloane, City Secretary, at
817.985.2104 or(TDD) 1.800.735.2989
CERTIFICATION
I certify that a copy of the July 22, 2014, Kennedale Economic Development Corporation agenda was posted on the City Hall
bulletin board next to the main entrance of the City Hall building, 405 Municipal Drive, of the City of Kennedale, Texas, in a place
convenient and readily accessible to the general public at all times and said agenda was posted at least 72 hours preceding the
schedule time of said meeting,in accordance with Chapter 551 of the Texas Government Code.
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Amethyst Sloane, City ecre ary
405 Municipal Drive, Kennedale, TX 76060 1 Telephone: 817.985.2102 1 Fax: 817-478-7169