2015_10.27 EDC MinutesCALL TO ORDER
President Mundy called the meeting to order at 7:00 p.m.
II. ROLL CALL
Present: Michael Johnson, Rebecca Mowell, Robert Mundy, Pat Turner, Ronald Whitley, Mark
Yeary
Absent: Adrienne Kay
III. MINUTES APPROVAL
A. Consider approval of the minutes from the September 22, 2015 regular meeting
Motion To approve the September 22, 2015 regular meeting minutes. Action Approve,
Moved By Pat Turner, Seconded By Rebecca Mowell.
Motion passed Unanimously
IV. REGULAR ITEMS
A. Review and accept the KEDC Financial Report for September 2015
EDC Director, Bob Hart provided a brief overview of the September 2015 Finance Report for
the Economic Development Corporation, noting that sales taxes will taper back off next month.
Motion To approve the September 2015 Economic Development Corporation Financial
Report. Action Approve, Moved By Mark Yeary, Seconded By Michael Johnson.
Motion passed Unanimously
V. STAFF ANNOUNCEMENTS /REPORTS
A. Village Creek
C. Chamber Report
B. TownCenter
D. ICSC
Director Hart informed the Board that the draft report for Village Creek should be completed by
February; adding that the Army Corps of Engineers have money for public /private partnerships
which we plan to pursue.
Bob stated that the Montgomery Company will be out of their TownCenter space by Mid -
November, and Utopia Fitness is planning to open in the East portion of the building.
Discussions continued concerning prospective tenants and the location of new TownCenter
buildings.
Jack Thompson provided a Chamber update stating that the Chamber had above average
attendance at the October luncheon, which featured State Representative Bill Zedler and
Senator Konni Burton. Jack informed the group that there are spaces available for the
Chamber's upcoming golf tournament on Monday, November 2, 2015; he noted that the
Chamber was still in need of additional raffle gifts. Concluding, he stated that the Chamber will
participate in the December Toy Drive with the Kennedale Fire Department.
Jack stated that he will attend the International Council of Shopping Centers (ICSC)
Conference in Dallas next week, along with Craig Hughes, Hughes Commercial Real Estate
and Development. He added that the conference is a good opportunity to talk with some
national chain companies.
VI. EXECUTIVE SESSION
President Mundy recessed into executive session at 7:21 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. 5409 Kennedale Road
2. 1200 Block Bowman Springs Road
3. 6900 Block Kennedale Parkway
VII. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO
EXECUTIVE SESSION, IF NEEDED
President Mundy reconvened into open session at 7:33 p.m.
No action was necessary pursuant to the Executive Session.
The November meeting will be moved to November 17, 2015 to accommodate the Thanksgiving
holiday; and the December meeting will not be held unless it is deemed necessary at a later
date.
VIII. ADJOURNMENT
The meeting was adjourned at 7:44 p.m.
Motion To adjourn. Action Adjourn, Moved By Ronald Whitley, Seconded By Rebecca Mowell.
Motion passed Unanimously
ATTEST:
r
D uty Cit I ecretary Kathy E. Moore