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04/18/2006, Regular Meeting Minutes213 MINUTES KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING -APRIL 18 2006 405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG. CONFERENCE ROOM President Vaughn called the meeting to order at 7:16 p.m. Members present: President Vaughn, Vice-President Mundy, Munn, Norwood, and Knox. Morris arrived at 7:35 p.m. Members absent: Hayes Staff present: David Miller, Executive Director; Kathy Turner, Secretary; and Clifford Blackwell, III, Treasurer. A. REGULAR ITEMS President Vaughn moved item three up. 3. Presentation by the Kennedale Park Board Bob Duvall, President of the Kennedale Park Board gave an overview of the outdoor recreation grant, in which the Park Board is seeking. Mr. Duvall said that the Board would come back before the Corporation at a later date to seek assistance with funding for a pavilion and restroom facility at Sonora Park. 1. Consider approval of minutes: regular meeting dated March 28, 2006. Jim Norwood moved to approve the regular meeting minutes dated March 28, 2006 as submitted, second by Robert Mundy. Norwood, Mundy, Munn, Knox and Vaughn voted aye, while Morris abstained due to absence of meeting. Motion carried. 2. Review of Financial Reports. Cliff Blackwell, III, Treasurer recapped the financial reports and sales tax report ending March 31, 2006. 4. Consider approval of expenditure for items to be presented at the International Conference of Shopping Centers. David Miller, Executive Director provided a cost analysis for the aerial photos to be used at the ICSC. Robert Mundy moved to amend the Economic Development Budget for fiscal year 2006- 2007, Special Services, Account Code 15-5570-01-00 in an amount not to exceed Five Thousand Four Hundred Dollars ($5,400.00) to purchase aerial photos, second by Jim Norwood. Motion carried (6-0). 214 B. STAFF ANNOUNCEMENTS/REPORTS 1. Executive Director Announcements/Reports. No announcement/reports. C. PRESIDENT/BOARD ANNOUNCEMENTS/REPORTS 1. President Announcements/Reports President Vaughn advised next meeting would be May 16, 2006. 2. Board of Directors Announcements/Reports No announcement/reports. D. ADJOURNMENT Marsha Knox moved to adjourn the meeting at 8:10 p.m., second by Rob Morris. Motion carried (6-0). ROVED: 5/1 006 D. Vaughn, Pr s' ent ATTEST: Kathy Turn ,Secretary to EDC