08/15/2006, Regular Meeting MinutesMINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING -AUGUST 15, 2006
405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG.
CONFERENCE ROOM
7:15 PM
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President Vaughn called the meeting to order at 7:16 p.m.
Members present: President, Nita Vaughn; Vice-President Robert Mundy; Marsha Knox, Doug
Parker; and Wayne Wooten.
Members absent: Beverly Hayes and Rob Morris.
Staff present: Mark White, Interim Executive Director; Mike Soab, EDC Director; Kathy Turner,
Secretary, and Clifford Blackwell, Treasurer.
I. PUBLIC HEARINGS
1. To receive citizens comments regarding eligible projects for economic development,
which will require expenditure of funds collected from 4B sales tax: 1) Development
and redevelopment plans for improving commercial areas on and surrounding
Kennedale Parkway including the establishment of urban renewal plans, commercial
incentives and potential land/improvement purchases; 2) Establishing a Town Center
District in the City of Kennedale in the proximity of the Municipal Campus
including the establishment of City Parks and Park Facilities, Commercial Town
Center incentives and potential land/improvement purchases; 3) Funding functional
and visual grants for improving existing commercial buildings; 4) Creating
Kennedale commercial visual improvements including new City Entrance signage;
5) Attracting individual commercial projects including retail, restaurants, office and
other community services within the City of Kennedale; and 6) Development and
improvements of existing and new parks.
No persons registered to speak for or against the proposed projects:
Public hearing closed at 7:18 p.m.
2. To receive citizens comments regarding the proposed budget for fiscal year 2006-07.
No persons registered to speak for or against proposed budget.
Public hearing closed at 7:19 p.m.
II. REGULAR ITEMS
1. Consider approval of minutes: regular meeting dated July 24, 2006.
Motion to approve the July 24, 2006 was made by Wayne Wooten, second by Robert
Mundy. Motion carried (5-0).
2. Review of Financial Reports.
Cliff Blackwell, III, Treasurer recapped the financial reports for the month ending
July 31, 2006.
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3. Consider approval to issue check to the Fowler Group for Visual Revitalization
Grant.
Robert Mundy moved to issue a check to the Fowler Group for Visual Revitalization
Grant based on a 2 to 1 ratio in the amount of Two Thousand Eight Hundred Forty
Four Dollars and Eighty Cents ($2,844.80), second by Marsha Knox. Motion carried
(5-0).
4. Consider approval to issue check to Burger Box for Visual Revitalization Grant.
Wayne Wooten moved to issue a check to Burger Box for Visual Revitalization
Grant based on a 2 to 1 ratio in the amount of Seven Hundred Four Dollars and
Seventeen Cents ($714.17), second by Doug Parker. Motion carried (5-0).
5. Consider approval of eligible projects for economic development, allow expenditure
of funds collected from 4B Sales Tax, and forward recommendation to City Council
for approval.
Robert Mundy moved to approve the following eligible projects for economic
development: 1) Development and redevelopment plans for improving commercial
areas on and surrounding Kennedale Parkway including the establishment of urban
renewal plans, commercial incentives and potential land/improvement purchases; 2)
Establishing a Town Center District in the City of Kennedale in the proximity of the
Municipal Campus including the establishment of City Parks and Park Facilities,
Commercial Town Center incentives and potential land/improvement purchases; 3)
Funding functional and visual grants for improving existing commercial buildings; 4)
Creating Kennedale commercial visual improvements including new City Entrance
signage; 5) Attracting individual commercial projects including retail, restaurants,
office and other community services within the City of Kennedale; and 6)
Development and improvements of existing and new parks; allow expenditure of
funds collected from 4B Sales Tax, and forward a recommendation to City Council
for approval. Motion second by Marsha Knox, and motion carried with all members
present voting in favor (5-0).
6. Consider approval of budget for fiscal year 2006-07.
Doug Parker moved to approve the proposed budget for fiscal year 2006-07
contingent upon a reduction in Association Dues/Publications (Account Code 5510 -
$800), addition of monies to Travel (Account Code 4478 - $800), and addition of
monies to the Park Dedication Fund (Account Code 5714 - $50,000) bringing the
ending fund balance to Nine Hundred Thirty Four Thousand Seven Hundred Thirty
Nine Dollars ($934,739.00). Motion second by Robert Mundy, and motion carried
with all members present voting in favor (5-0).
III. STAFF ANNOUNCEMENTS/REPORTS
1. Economic Development Director will discuss the following:
a. Past: Director's review of Economic Development's activities for first 90 days.
b. Present: Request for feedback from EDC Board Members on current ED
department emphasis and directions.
c. Future: General discussion on ED department's mission for remainder of 2006.
Mike Soab, Economic Development Director provided a review of his activities since
his employment, and provided an update on the Genesis Project, and Towncenter
Kennedale Project Plan.
IV. ADJOURNMENT
No further business, President Vaughn adjourned the meeting at 8:54 p.m.
ATTEST:
Kathy Tu r, Secretary to EDC
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