01/16/2007, Regular Meeting Minutes233
MINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING -JANUARY 16, 2007
405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG.
CONFERENCE ROOM
7:17 PM
President Vaughn called the meeting to order at 7:22 p.m.
Members present: President, Nita Vaughn; Vice-President Robert Mundy; Board Member's
Beverly Hayes, Wayne Wooten, and Rob Morris. Doug Parker arrived at 7:40 p.m.
Members absent: Marsh Knox.
Staff present: Mark White, Interim Executive Director, Mike Soab, EDC Director, and Clifford
Blackwell, Director of Finance, and Treasurer.
I. REGULAR ITEMS
1. Consider approval of minutes: Regular Meeting dated October 17, 2006, and Special
Meeting dated November 13, 2006.
Wayne Wooten moved to approve the regular meeting minutes dated October 17,
2006, and special meeting minutes dated November 13, 2006. Motion second by
Rob Morris. Motion carried (5-0).
2. Review of Financial Reports.
Cliff Blackwell, Director of Finance and Treasurer to EDC presented the board with
two months of financial reports, which included the Sales Tax and Fund Balance
Reports.
3. Consider approval of executing a contract between the Kennedale Economic
Development Corporation and Schrader & Cline, LLC thereby authorizing TIF
creation expenditures not to exceed $44,000 for establishing a Tax Increment
Financing District along Kennedale Parkway.
Doug Parker, KEDC Board member arrived during presentation.
George Schrader and Larry Cline with Schrader & Cline, LLC gave a presentation
regarding Tax Increment Financing Districts.
Rob Morris moved to forward a recommendation to City Council to approve the
execution of a contract between the Economic Development Corporation and
Schrader & Cline authorizing a TIF Creation expenditure not to exceed Forty Four
Thousand Dollars ($44,000.00) for establishing a Tax Increment Financing District
along Kennedale Parkway. Motion second by Beverly Hayes. Motion carried (6-0).
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II.
4. Presentation by Local Developers for a New Urbanism Styled Active Senior
Residential Community.
Kevin Alires and Jeff Ramey, Kennedale residents provided a presentation before the
KEDC for a New Urbanism Styled Project that would consist of an active Senior
Residential Community in Old Town District.
No action was required by the Board.
5. Consider approval of payment(s) of Visual and Functional Grants under a
performance agreement dated 9/27/2006 with Lisa and T.J. Gerhard dba Mocha
Moose -coffee kiosk.
Robert Mundy moved to authorize payments to Lisa and T.J. Gerheard dba Mocha
Moose per Performance Agreement as follows: Visual Grant in the amount of Four
Thousand Seven Hundred Eighty Nine Dollars and Sixty Nine Cents ($4,789.69);
Functional Grant in the amount of Two Thousand Eight Hundred Sixty Six Dollars
and Four Cents ($2,866.04). Motion second by Rob Morris. Motion carried (6-0).
6. KEDC's review, consideration, and comments on first drafts of new City Hall Park
Concept Plans drawn by MHS Planning & Design.
Mike Soab, EDC Director presented a new TownCenter Kennedale Park for review
and discussion, which included two large format concept park plans that were
designed by Mark Spencer with MHS Planning and Design. Elements considered for
the plan included a gazebo, fountain(s), walking paths; structured and unstructured
play areas, lighting, fencing/gates, trees, event focus, clock tower, seating benches,
and picnic areas.
7. Receive staff report for KEDC funded Park Improvements.
Mark White, Interim City Manager and Interim Executive Director provided an
update on KEDC funded Park Improvements. White said City Council approved the
purchase of a restroom facility for Sonora Park, which is to be installed within 90
days, and the KEDC could expect to see an expenditure of Fifty Thousand Dollars
($50,000.00), which was approved in the 2006-2007 budget.
Next, White briefed on the State Park Grant that was applied for. He reminded the
KEDC that One Hundred Thousand Dollars ($100,000.00) was budgeted for park
improvements at Sonora Park in the 2006-2007 budget, and he was still waiting word
from the State to see if the grant was accepted. White implied that if grant were
denied, then there would still be a push to fund the improvements.
No further comments, President Vaughn recessed into executive session at 8:43 p.m.
EXECUTIVE SESSION
The Board of Directors will meet in closed session pursuant to Section 551.072 of the
Texas Government Code to deliberate the purchase, exchange, lease, or value of real
property.
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III. RECONVENE INTO OPEN SESSION AND TAKE ACTION NECESSARY
PURSUANT TO EXECUTIVE SESSION.
President Vaughn reconvened into open session at 10:09 p.m.
Robert Mundy moved to authorize City Staff and Board President to pursue two items
discussed in executive session. Motion second by Rob Morris. Motion carried (6-0).
IV. STAFF ANNOUNCEMENTS/REPORTS
Executive Director Announcements/Reports.
Mike Soab, KEDC Director informed the board that Foxy Propaganda's grant should
appear on next months agenda for consideration. Soab also inquired about a grant for
Ray Bulls that was presented back in 2004. Soab was instructed to review material that
was submitted at that time, because it was thought that material submitted was
incomplete.
Next, Soab introduced Mark Howe, President of Fort Worth's Society of Commercial
Realtors. Soab spoke about an upcoming Society Luncheon that would be hosted in
Kennedale on May 10, 2007. Soab said he would be attending a similar event in
February at the City of Burleson and would report back to the board on such event.
Soab also announced the International Council of Shopping Centers Conference to be
held May 20-23~d. Soab said he would be booking travel arrangements and needed
feedback from persons planning on attending.
V. PRESIDENT/BOARD ANNOUNCEMENTS/REPORTS
1. President Announcements/Reports - No announcements/reports.
2. Board of Directors Announcements/Reports - No announcements/reports.
VI. ADJOURNMENT
Beverly Hayes moved to adjourn the meeting at 10:14 p.m. Motion second by Doug
Parker. Motion carried (6-0).
ATTEST:
Kathy Turn ,Secretary to EDC