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2014_12.11 EDC Agenda Packet B KENNEDALE Kennedale Economic Development Corporation www.cityofkennedale.com ECONOMIC DEVELOPMENT CORPORATION AGENDA BOARD OF DIRECTORS - REGULAR MEETING December 11, 2014 CITY HALL COUNCIL CHAMBERS, 405 MUNICIPAL DRIVE REGULAR SESSION - 12:00 PM I. CALL TO ORDER II. ROLL CALL III. MINUTES APPROVAL A. Consider approval of the minutes from the November 25, 2014 regular meeting. IV. REGULAR ITEMS V. STAFF ANNOUNCEMENTS/REPORTS A. Updates and information from the Executive Director 1. Link Street, Burger King, Popeyes ribbon cutting 2. TIP Sidewalk Grant 3. Village Creek Flood Control Study 4. Chamber update 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. TownCenter Development 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 the City Secretary at 817.985.2104 or (TDD) 1.800.735.2989 CERTIFICATION I certify that a copy of the December 11, 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. D A d' — Kelly Co Cp#r, City Secretary 405 Municipal Drive, Kennedale, TX 76060 1 Telephone: 817.985.2102 1 Fax: 817-478-7169 B KENNEDALE Kennedale Economic Development Corporation www.cityofkennedale.com Staff Report to the Board of Directors Date: December 11, 2014 Agenda Item No: MINUTES APPROVAL-A. I. Subject: Consider approval of the minutes from the November 25, 2014 regular meeting. II. Originated by: Bob Hart III.Summary: Minutes are prepared by the board secretary and ready for your approval. IV. Recommendation: Approve V. Alternative Actions: VI. Attachments: 1. JEDC November 25, 2014 Minutes JEDC Minutes.11.2014.docx ic KENNEDALE Kennedale Economic Development Corporation www.cityofkennedale.com ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS - REGULAR MEETING MINUTES November 25, 2014 I. CALL TO ORDER Robert Mundy called the meeting to order at 7:07 PM II. ROLL CALL Present: Robert Mundy, Ron Whitley, Adrienne Kay, Rebecca Mowell, Mike Johnson, Mark Yeary, Pat Turner(present for Executive Session). Staff Present: Bob Hart, Jack Thompson (Orasi Development) III. MINUTES APPROVAL A. Consider approval of the minutes from the October 28, 2014 regular meeting Motion To approve the minutes as presented. Action Approve, Moved By Ron Whitley, Seconded By Mark Yeary. Motion Passed Unanimously IV. REGULAR ITEMS A. Review and accept the KEDC Financial Report for September 2014. Director Bob Hart provided staff report. Motion To approve the financial report as presented. Action Approve, Moved By Adrienne Kay, Seconded By Mike Johnson. Motion Passed Unanimously B. Establish meeting schedule The Board discussed possible options and determined to meet on the second Thursday of the month at Noon. Next meeting will be December 11, 2014. V. STAFF ANNOUNCEMENTS/REPORTS A. Updates and information from the Executive Director 1. Link Street, Burger King, Popeye's ribbon cutting 2. TIP Sidewalk Grant 3. Village Creek Flood Control Study 4. Chamber update Director Bob Hart provided the updates stating that the ribbon cuttings are projected to take place early 2015, the sidewalk grant is still under review at NCTCOG. The Village Creek Flood Control Study process has begun with the Corps of Engineers, the study is projected to begin September 2015. Jack Thompson provided a brief update as to Chamber activities including the December 17 luncheon with Joe Barton. Business After Hours was a successful start to the toy drive and legislative day is planned for February 10, 2015. President Mundy recessed the meeting into executive session at 7:28 PM. 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. TownCenter Development 2. Purchase of property at 5409 Kennedale Street 3. Purchase of property at 5413 Kennedale Street 4. 601 Dick Price Road VII. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO EXECUTIVE SESSION, IF NEEDED President Mundy reopened the regular session at 9:05 PM Action pursuant to executive session —Accept assignment of contract from City for purchase of 601 Dick Price Road. Motion To accept assignment of contract from City for purchase of 601 Dick Price Road. Action Approve, Moved By Becky Mowell, Seconded By Adrienne Kay. Motion passed Unanimously. VIII.ADJOURNMENT Motion Adjourn. Action Adjourn, Moved By Adrienne Kay, Seconded By Becky Mowell. Motion passed Unanimously. The meeting was adjourned at 9:08 PM APPROVED: ATTEST: President Robert Mundy City Secretary Kelly Cooper B KENNEDALE Kennedale Economic Development Corporation www.cityofkennedale.com Staff Report to the Board of Directors Date: December 11, 2014 Agenda Item No: STAFF ANNOUNCEMENTS/REPORTS-A. I. Subject: Updates and information from the Executive Director 1. Link Street, Burger King, Popeyes ribbon cutting 2. TIP Sidewalk Grant 3. Village Creek Flood Control Study 4. Chamber update II. Originated by: Bob Hart III.Summary: The Director will provide an update on these items. IV. Recommendation: None V. Alternative Actions: VI. Attachments: B KENNEDALE Kennedale Economic Development Corporation www.cityofkennedale.com Staff Report to the Board of Directors Date: December 11, 2014 Agenda Item No: EXECUTIVE SESSION -A. I. Subject: 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. TownCenter Development II. Originated by: Bob Hart III.Summary: IV. Recommendation: None V. Alternative Actions: VI. Attachments: