09/19/2006, Regular Meeting MinutesMINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING -SEPTEMBER 19, 2006
405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG.
CONFERENCE ROOM
President Vaughn called the meeting to order at 7:20 p.m.
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Members present: President, Nita Vaughn; Vice President Robert Mundy; Board of Directors
Wayne Wooten, Doug Parker, Beverly Hayes, Rob Morris, Marsha Knox, and legal counsel, Tom
Scollon.
Members absent: None
President Vaughn began the meeting with Item II, Presentation.
II. PRESENTATION
1. Pat Doescher, Chairperson of the Kennedale Chamber of Commerce will present an
overview of its current and anticipated community involvement.
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Mrs. Pat Doescher, Chairperson of the Kennedale Chamber of Commerce introduced
the Chamber Board of Directors and announced upcoming events of the Chamber.
Doescher then addressed the Corporation with a request of assistance for funding of
a Chamber of Commerce Office to be housed in the old Kennedale Library building
if City Council approved such. She said Council would address the issue at its next
meeting scheduled in October.
I. REGULAR ITEMS
1. Consider approval of minutes: regular meeting dated August 15, 2006.
Wayne Wooten moved to approve the regular meeting minutes dated August 15,
2006 as presented, second by Doug Parker. Board of Directors Wooten, Parker,
Mundy, Knox, and Vaughn voted aye, while Hayes and Morris abstained due to
absence of meeting. Motion carried (5-2).
2. Review of Financial Reports.
Mark White, Interim Executive Director addressed the financial reports for the month
ending August 2006.
Consider approval of Visual and Functional Revitalization Grant to Mocha Moose
Expresso located at 798 W. Kennedale Parkway, Kennedale, TX.
Robert Mundy moved to approve a Visual Revitalization Grant to Mocha Moose
Expresso located at 798 W. Kennedale Parkway, Kennedale, TX contingent upon
Performance Agreement acceptance by legal counsel and applicant on a 2 to 1 ratio
based on an expenditure of Eighteen Thousand Eight Hundred Seventy One Dollars
and Thirty One Cents ($18,871.31), second by Beverly Hayes. Motion carried (7-0).
Robert Mundy moved to approve a Functional Revitalization Grant to Mocha Moose
Expresso located at 798 W. Kennedale Parkway, Kennedale, TX contingent upon
Performance Agreement acceptance by legal counsel and applicant on a 6 to 1 ratio
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based on an expenditure of Twenty Nine Thousand Three Hundred Fifty Seven
Dollars and Fifty Six Cents ($29,357.56), second by Wayne Wooten. Motion carried
(7-0).
IV. EXECUTIVE SESSION
President Vaughn recessed into executive session at 8:00 p.m.
1. 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
President Vaughn reconvened into open session at 8:40 p.m.
V. RECONVENE INTO OPEN SESSION AND TAKE ACTION NECESSARY
PURSUANT TO EXECUTIVE SESSION.
Robert Mundy moved to take steps necessary to purchase property as discussed in
executive session with purchase not to exceed city appraisal, second by Wayne Wooten.
Motion carried (7-0).
III. STAFF ANNOUNCEMENTS/REPORTS
Mike Soab, Economic Development Director briefed on the following:
A. Update on TownCenter Kennedale project.
1. Overview of meetings and discussions with TCK developer prospects.
2. Status of additional land for park and TCK project.
B. Update on Genesis project progress.
C. Overview of meetings and discussions with other ED related contacts.
VI. ADJOURNMENT
Robert Mundy moved to adjourn the meeting at 9:02 p.m., second by Beverly Hayes.
Motion carried (7-0).
VED:
Nita D. V
ATTEST:
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Kathy Turn r, Secretary to EDC
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