2017_07.06 EDC Minutes - Special)
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
Kennedale Economic
Development Corporation BOARD OF DIRECTORS - SPECIAL MEETING
w .cltyofkenneclale.com
MINUTES
July 6, 2017
I. CALL TO ORDER
President Mundy called the meeting to order at 6:05 p.m.
II. ROLL CALL
Present: Michael Johnson, Rebecca Carlton, Robert Mundy, Pat Turner, Ronald Whitley, Mark
Yeary
Absent: Adrienne Kay
III. EXECUTIVE SESSION
President Mundy recessed into executive session at 6:08 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. TownCenter Property
IV. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO
EXECUTIVE SESSION, IF NEEDED
President Mundy reconvened into open session at 7:22 p.m.
Motion To approve the tenant lease agreement with V -Fit Martial Arts and The Giants Baseball
Academy, subject to the City Attorney's final approval of the form of the leases and allowing the
current property manager to recoup his expenses for building improvements associated with the
leases by netting out total expenses from rents of the tenants of these spaces, so long as the
existing property manager remains as the manager. Action Approve, Moved By Robert Mundy,
Seconded By Rebecca Carlton.
Motion passed with a vote of 6 -1; with Pat Turner voting against approval.
V. ADJOURNMENT
Motion To adjourn. Action Adjourn, Moved By Pat Turner, Seconded By Ronald Whitley.
Motion passed Unanimously
The meeting was adjourned at 7:27 p.m.
APPROVED:
P esident Vobekhundy
Kathy E. Moore