2015_07.25 EDC MinutesCALL TO ORDER
President Mundy called the meeting to order at 7:00 p.m.
I1. ROLL CALL
Present: Adrienne Kay, Rebecca Mowell, .Robert Mundy, Ronald Whitley
Absent: Michael Johnson, Pat Turner, Mark Yeary
Staff Present: Bob Hart, Krystal Crump, Jack Thompson with Orasi Development/Chamber of
Commerce
111. MINUTES APPROVAL
A. Consider approval of the minutes from the June 11, 2015 regular meeting
Motion To approve the June 11, 2015 regular meeting minutes. Action Approve, Moved
By Rebecca Mowell, Seconded By Adrienne Kay.
Motion passed Unanimously
IV. PUBLIC HEARING
President Mundy opened the Public Hearing at 7:02 p.m.
A. 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, entertainment, food truck park,
farmers market, 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 Plaza;
4. "Arts Project," The planning, implementation, and operation of City Festivals and Events;
5. "Sign Project," The construction of a new Kennedale Entranceway Monument Sign at a site
TBD, and /or directional signs;
6. "Parkway Project," The creation & implementation of Kennedale Parkway, Village Creek,
and 1 -20 commercial and residential Urban Renewal / Development/Redevelopment /
Revitalization / Access and Safety Studies / 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 Reinvestment Zone (TIRZ)
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, landscaping, and /or signage improvements;
10. "Industrial Expansion Project," Industrial expansion and recruitment program, including
loans, fee waivers, incentive payments, driveway and access construction, street 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 land acquisition, 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 and properties for the accomplishment of the above designated projects;
15. "Village Creek Project," The development of Village Creek Park, including land acquisition,
recreation facility development, water quality enhancement features, and related flood control
and water quality studies;
16. "Oak Crest Development," The land acquisition and site development for the Oak Crest
area, including utility extension, street improvements, consultation, plans, legal and
engineering services;
17. "Financing Project," The issuance, purchase, sale, or other means of transfer of Bonds and
other debt instruments designed to fund the above objectives including, but not limited to
implementing a Tax Increment Reinvestment Zone (TIRZ) District / Municipal Management
District (MMD) / Texas Leverage Fund and mixed -use project(s) development /
redevelopment;
18. "Staff Support Project," Contractual staff services;
19. "Hotel / Motel Tax Administration," Manage the administration of the collection and
expenditure of the hotel /motel occupancy tax in accordance with chapter 351 of the Texas Tax
Code;
20. "Administrative Project," All necessary services and related expenses for the above
projects including but not limited to project master - planning; engineering; alternate energy
sources; project advertising / marketing; related consultant and legal services; new
construction / remodeling / maintenance of landscaping, roadways, City / KEDC owned or
leased buildings, and their related improvements.
There was no one present requesting to speak.
President Mundy closed the Public Hearing at 7:05 p.m.
V. REGULAR ITEMS
A. Review and accept the KEDC Financial Report for June 2015.
EDC Director, Bob Hart introduced Kennedale's new Finance Director, Krystal Crump and
provided a brief review of the June 2015 Economic Development Corporation financial report.
B. Discuss and approve FY2015 -16 Proposed Budget for recommendation to City Council.
Director Hart discussed the proposed budget for the FY2015 -16 Kennedale Economic
Development Corporation.
Motion To recommend to the City Council the proposed budget as discussed in the packet and
the 2015 -16 Economic Development project list as discussed at the public hearing.
Action Approve, Moved By Rebecca Mowell, Seconded By Ronald Whitley.
Motion passed Unanimously
VI. STAFF ANNOUNCEMENTS /REPORTS
A. Kennedale Parkway Access
B. Village Creek
C. Sidewalk Project
D. TownCenter
E. TIRZ Report
F. Chamber Report
Director Hart provided updates on all the ongoing projects.
Jack Thompson provided updates on Chamber activities, highlighting possible upcoming
events. Additionally, he reported on his new Chamber staff members.
VII. EXECUTIVE SESSION
President Mundy recessed into executive session at 8:22 p.m.
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. Industrial Prospects for Bloxom Park
2. 1298 W. Kennedale Parkway Business Incentives
3. 5913 Kennedale Road
4. 5409 Kennedale Road
5. 580 Corry A. Edwards Drive
VIII. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO
EXECUTIVE SESSION, IF NEEDED
Present Mundy reconvened into open session at 8:43 p.m.
No action was necessary pursuant to the Executive Session.
IX. ADJOURNMENT
The meeting was adjourned at 8:45 p.m.
Motion To adjourn. Action Adjourn, Moved By Adrienne Kay, Seconded By Rebecca Mowell.
Motion passed Unanimously
ROVED:
President Robert endy
ATTEST:
r
Deputy City Se retary Kathy E. Moore