Loading...
2015_04.09 EDC MinutesECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS - REGULAR MEETING MINUTES April 9, 2015 I. CALL TO ORDER Robert Mundy called the meeting to order at 12:05 p.m. II. ROLL CALL Present: Robert Mundy, Mike Johnson, Pat Turner, Ron Whitley, Mark Yeary and Rebecca Mowell Absent: Adrienne Kay Staff Present: Bob Hart, Kathy Moore, Jack Thompson with Orasi Development/Chamber of Commerce 111. MINUTES APPROVAL A. Consider approval of the minutes from the March 12, 2015 regular meeting Motion: To approve the minutes. Action: Approve, Moved By: Rebecca Mowell, Seconded By: Mike Johnson. Motion Passed 5 -0; Mark Yearly Abstained IV. REGULAR ITEMS A. Review and accept the KEDC Financial Report for January 2015 President Mundy stated that the January 2015 KEDC Financial Report was tabled at the March regular meeting in order to give everyone time to review it. Motion: To approve the January 2015 KEDC Financial Report. Action: Approve, Moved By: Ron Whitley, Seconded By: Rebecca Mowell. Motion Passed Unanimously B. Review and accept the KEDC Financial Report for February 2015 The Kennedale Economic Development Corporation Board members reviewed the report. Motion: To approve the February 2015 KEDC Financial Report. Action: Approve, Moved By: Mark Yeary, Seconded By: Rebecca Mowell. Motion Passed Unanimously V. STAFF ANNOUNCEMENTS /REPORTS A. TIRZ Status Director Bob Hart stated that the proposed senior development project has a good chance of being funded. He added that the project falls within the Tax Increment Reinvestment Zone #1 and the project will include the reconstruction and widening of New Hope Road and sanitary sewer line extension. Hart concluded, stating that City Council will hold a public hearing on the case at their April meeting. B. Chamber Update Jack Thompson provided updates on Chamber activities, highlighting a ribbon - cutting at Louisiana Catfish. Thompson reminded Board members of the upcoming San Jacinto Day/Texas Independence Parade and of their luncheon scheduled for April 15 featuring Tumbleweed Smith as the speaker. President Mundy recessed the meeting into executive session at 12:13 p.m. 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. Town Center Development 2. Fence at 733 Kennedale Parkway 3. Facade Renovations at 201 E. Kennedale Parkway 4. Facade, Parking, and Sign Renovations at 1302 W. Kennedale Parkway 5. Industrial Prospects for Bloxom Park 6. 1298 W. Kennedale Parkway Business Incentives 7. Potential Hotel VII. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO EXECUTIVE SESSION, IF NEEDED President Mundy reopened the regular session at 1:39 p.m. Motion To authorize the Executive Director to finalize a grant award to H2O Plumbing Supply, in an amount not to exceed $14,000. Action Approve, Moved By Rebecca Mowell Seconded By Ron Whitley Motion Passed Unanimously Motion To authorize the Executive Director to finalize a grant award to Burger Box, in an amount not to exceed $25,000. Action Approve, Moved By Rebecca Mowell Seconded By Mike Johnson Motion Passed Unanimously President Mundy stated that the Board will hold a special meeting on April 30, 2015, at 12:00 p.m. to discuss the progress of items discussed in Executive Session; he noted that it may not be necessary to have the regular Board meeting in May. VIII. ADJOURNMENT Motion To adjourn. Action Adjourn, Moved By Mark Yeary, Seconded By Ron Whitley Motion passed Unanimously The meeting was adjourned at 1:41 PM A I id V V -..- ATTEST: V ti = •� CO • OUN 1 ` Dep ty City ecretary Kathy E. Moore