2016_01.26 EDC MinutesI. CALL TO ORDER
President Mundy called the meeting to order at 7:00 p.m. and introduced the new Library
Director, Amanda King.
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 November 17, 2015 regular meeting
Motion To approve the November 17, 2015 regular meeting minutes. Action Approve, Moved
By Pat Turner, Seconded By Rebecca Mowell.
Motion passed Unanimously
It was noted that the Economic Development Corporation did not meet in the month of
December.
IV. REGULAR ITEMS
A. Review and accept the KEDC Financial Report for November and December 2015.
Finance Director, Krystal Crump provided a brief overview of the November and December
2015 Finance Reports for the Economic Development Corporation Board members. She noted
that sales revenue was up; less than this time last year, but better than expected. Additionally,
she stated that we have not had any major expenses so far this fiscal year.
Board members, Pat Turned questioned if Red's Roadhouse was current on their payments.
Krystal Crump stated that they are currently two months behind. Bob Hart will send a letter
reminding them of the terms of their agreement. In closing, Krystal noted that the 2015 EDC
Audit Report will be presented at the February meeting.
Motion To approve the November and December 2015 Economic Development Corporation
Financial Reports. Action Approve, Moved By Mark Yeary, Seconded By Rebecca Mowell.
Motion passed Unanimously
V. STAFF ANNOUNCEMENTS /REPORTS
A. Village Creek
B. TownCenter
C. Chamber Report
Director Bob Hart stated that he met with the Army Corp of Engineers regarding
evaluation alternatives for the Village Creek 205 Study; he expects the preliminary results by
March. Bob provided announcement hand -outs from the Kennedale Development Partners
with their latest updates for TownCenter. He added that the building permits for buildings 6 and
7 will be issued next week and construction is scheduled to start in March. There was some
discussion regarding prospective and new tenants for TownCenter; the status of the vacant
Surplus Warehouse space; and the status of the salvage yards.
Jack Thompson, Orasi Development provided an update on Chamber activities noting that
MCA sponsored their January luncheon; kicking off the new year with Keep Kennedale
Healthy. Jack added that the Chamber's January Lunch and Learn will cover accounting
principles /business taxes; the Chamber After Hours event, "Death by Chocolate" will
be February 6 at Emerald Hills; and the annual Clay Shoot is scheduled for April 1 at Alpine.
Board members questioned Thompson on what was new on the EDC's side of Jack's
responsibilities. Jack stated that he was working with Craig Hughes on TownCenter; he was
working with developers on industrial sites; and he plans to attend the ICSC Conference in
May.
VI. EXECUTIVE SESSION
President Mundy recessed into executive session at 7:27 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. 1200 Block Bowman Springs Road
2. 6900 Block Kennedale Parkway
3. 5400 and 5404 Kennedale Road
4. 5401 High Ridge Road
5. TownCenter Building Pad 5
VII. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO
EXECUTIVE SESSION, IF NEEDED
President Mundy reconvened into open session at 8:30 p.m.
No action was necessary pursuant to the Executive Session.
The February meeting is scheduled to be held on February 23, 2016, however it may be
necessary to meet earlier on February 16, 2016. Staff will send out a confirmation on the date.
Board member Pat Turner stated that in order to obtain more community support, he would like to
take steps to reach out to the community to see what they would like in Kennedale; possibly
forming a think tank to generate interest. Director Hart stated that Council is thinking about
preparing a strategic plan for the City later this year and the City Council could incorporate this as
an element of the plan.
VIII. ADJOURNMENT
The meeting was adjourned at 8:43 p.m.
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ATTEST: /
Deputy City ecretary Kathy E. Moore
APPROVED: