2020_02.12 EDC Minutesic
KENNEDALE
Kennedale Economic
Development Corporation
www.cityofkennedale.com ECONOMIC DEVELOPMENT CORPORATION MINUTES
BOARD OF DIRECTORS SPECIAL
MEETING FEBRUARY 12, 2020 AT 6:30 PM
CITY COUNCIL CHAMBERS, 405 MUNICIPAL DRIVE
I. CALL TO ORDER
President Mark Yeary called the meeting to order at 6:30 p.m.
II. ROLL CALL
PRESENT: President Mark Yeary, Place 6; Johnny Trevino, Place 1; Andrew Schaffer, Place 3; Mayor
Pro Tem Sandra Lee, Place 5; April Cotharp, Place 7, Darold Tippey arrived at 6:32 p.m. ABSENT:
Ceasar Guerro, Place 2. STAFF: EDC Executive Director George Campbell, Director of Planning and Economic
Development Melissa Dailey, Finance Director Lakeita Sutton and Administrative Assistant Rosie Ericson.
III. EXECUTIVE SESSION
A. Pursuant to Section 551.087— (1) deliberation regarding commercial or financial information
that the governmental body has received from a business prospect that the governmental
body seeks to have locate, stay, or expand in or near the territory of the governmental body
and with which the governmental body is conducting economic development negotiations; or
(2) to deliberate the offer of a financial or other incentive to a business prospect described by
Subdivision (1):
1. Discussion of potential expansion and incentives for R.E. Watson & Associates
2. Discussion of potential development and incentives for 600 W Kennedale Parkway
B. Pursuant to Section 551.072 — to deliberate the purchase, exchange, lease, or value of
real property:
1. 7224 Bloxom Park Road
IV. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT
TO EXECUTIVE SESSION, IF NEEDED
President Mark Yeary reconvened into open session at 7:17 p.m.
V. DECISION ITEMS
A. Consider making a formal recommendation to the City Council regarding a contract for sale
of 7224 Bloxom Park Road
Motion Approve. Action Approve forwarding a recommendation to the City Council for
approval of the sale of EDC-owned property at 224 Bloxom Park Road, Moved By Tippey,
Seconded By Trevino. Motion passed unanimously.
VI. ADJOURNMENT
Motion To Adjourn. Action: Adjourn. Moved By Coltharp. Seconded By Mayor Pro Tem Lee.
Motion Passed Unanimously.
President Yeary Adjourned the meeting at 7:18 p.m.
APPROVED:
ATTEST:
ROSI� OARD SECRETARY