06/19/2007, Regular Meeting MinutesMINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING -JUNE 19, 2007
405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG.
CONFERENCE ROOM
President, Nita Wilson called the meeting to order at 7:17 p.m.
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Members present: President, Nita Wilson, Vice President, Robert Mundy, Board of Directors,
Wayne Wooten, Beverly Hayes, Doug Parker, and Rob Morris.
Members absent: Board of Director, Marsha Knox.
Staff present: Mike Soab, KEDC Director.
L REGULAR ITEMS
(a) Consideration/Approval of minutes: Regular Meeting dated May 15, 2007.
Wayne Wooten moved to approve the regular meeting minutes dated May 15, 2007,
second by Rob Morris. Motion carried (6-0).
(b) Review of Financial Reports.
Mike Soab, KEDC Director reviewed financial report, sales tax, and income
statement with the Board.
(c) Consideration/Approval of Functional Grant Application for Shawna Blakney dba
Carpe Noctem Productions, Inc. - 800 W. Kennedale Parkway.
Rob Morris moved to approve Functional Grant Application for Shawna Blakney dba
Carpe Noctem Productions, Inc. - 800 W. Kennedale Parkway based on presentation
of bills presented including plumbing improvements to be submitted later this week
at a 1 to 6 ratio not to exceed Thirty Thousand Dollars ($30,000.00), second by
Robert Mundy. Motion carried (6-0).
(d) Consideration/Approval of fund transfer for restroom facilities at Sonora Park.
Wayne Wooten moved to transfer Fifty Thousand Dollars ($50,000.00) to the Park
Dedication fund for restroom facilities at Sonora Park, second by Beverly Hayes.
Motion carried (6-0).
(e) Consideration/Approval authorizing City Manager, Bob Hart to execute purchase
documents for the Kennedale Retail Center on behalf of the KEDC.
Robert Mundy moved to authorize City Manager, Bob Hart to execute purchase
documents for the Kennedale Retail Center on behalf of the KEDC, second by Rob
Morris. Motion carried (6-0).
President Vaughn recessed the meeting at 8:05 p.m. to enter into executive session.
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II. 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.
III. RECONVENE INTO OPEN SESSION AND TAKE ACTION NECESSARY
PURSUANT TO EXECUTIVE SESSION.
President Vaughn reconvened into open session at 9:12 p.m.
Beverly Hayes moved to allow Mark Howe to proceed with item as discussed in
executive session, and to appoint Rob Morris as the point of Board contact for Mark
Howe, second by Wayne Wooten. Motion carried (6-0).
IV. STAFF ANNOUNCEMENTS/REPORTS
(a) Executive Director Announcement/Reports.
No announcements/reports.
(b) KEDC Director Announcement/Reports.
Mike Soab, KEDC Director advised that the proposed budget would be presented
before the board at the next meeting, and reminded board to complete survey for
Culture Assessment.
V. PRESIDENTBOARD ANNOUNCEMENTS/REPORTS
(a) President Announcements/Reports
No announcements/reports.
(b) Board of Directors Announcements/Reports
No announcements/reports.
VI. ADJOURNMENT
Doug Parker moved to adjourn the meeting at 9:14 p.m., second by Beverly Hayes.
Motion carried (6 -0).
APPROVED:
ATTEST:
`~~'e~ O
Kathy Turner, Secretary to KEDC
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i~e-Pres' ent, obert P y
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