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2008_07.22 EDC AgendaNOTICE OF MEETING OF THE KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS KENNEDALE, TEXAS Notice is hereby given that a Regular Meeting will be held by the Kennedale Economic Development Corporation Board of Directors on the 22°d day of July 2008 at 7:15 P.1vt., in the Kennedale Municipal Building, Conference Room located at 405 Municipal Drive, Kennedale, Texas, at which time the following subjects will be discussed to wit: AGENDA (SEE ATTACHED AGENDA) Dated this 18th day of July 2008. By: Robert P. Mundy, President I, the undersigned authority, do hereby certify that the above Notice of Meeting of the Economic Development Corporation Board of Directors is a true and correct copy of said Notice and that I posted a true and correct copy of said Notice on the bulletin board of City Hall of said City in Kennedale, Texas, a place convenient and readily accessible to the general public at all times, and said Notice was posted on July 18, 2008 at 11:45 o'clock A.M., and remained so posted continuously for at least 72 hours preceding the scheduled time of said Meeting. Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services such as interpreters for persons who are deaf or hearing impaired, readers, large print, are requested to contact the undersigned at (817) 483-1296 five (5) work days prior to the meeting so that appropriate arrangements can be made. Dated this the 18th day of July 2008. By: Kathy Tui er, Secretary to EDC AGENDA KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING -JULY 22, 2008 405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG. CONFERENCE ROOM 7:15 PM CALL TO ORDER ROLL CALL I. REGULAR ITEMS a. Review and consider approval of minutes: Regular meeting dated June 17, 2008. b. Review and consideration of KEDC authorization of partial reimbursement for approved Functional Grant related expenses to Chicken Express. c. Public Hearing, Review and consideration to approve proposed economic development projects and the KEDC budget for fiscal year 2008-2009. 1. Staff presentation 2. Public Hearing - To receive citizen input on the proposed economic development projects and KEDC budget for fiscal year 2008-2009. 1. Project Planning, Construction, Development, and on-going Day-to-Day Operations/Management/Marketing of a "mid-city" downtown district including but not limited to the commercial, medical, retail, and (New Urbanism style, typically higher density/multi-storied) residential growth of TownCenter Kennedale and its surrounding area; 2. The development of new and renovation of existing commercial / residential and municipal /KEDC projects designed to enhance Kennedale's lifestyle and quality of life; 3. The further development /beatification /landscaping /upgrading of the TownCenter Kennedale area and its adjoining TCK Plaza; 4. The planning, implementation, marketing, and operation of Civic /City Events and establishment of a City/TCK Public Arts Program; 5. The construction of a new Kennedale Entranceway Monument Sign at a site TBD; 6. The creation & implementation of Kennedale Parkway, Village Creek, and I-20 commercial and residential Urban Renewal /Development / Redevelopment /Revitalization /Beautification plans and actual projects derived from these plans; 7. The Creation of a Tax Increment Financing District(s) (TIF) including Consultation, Planning, Legal, and Engineering Services; 8. A Kennedale Marketing and Implementation Plan aimed at City Branding and attracting new Kennedale projects and businesses; Page 1 of 2 9. The continuation of the existing Revitalization Grant Program and funding; 10. The recruitment of new and retention of existing Kennedale industrial businesses and development /redevelopment of industrial park(s); including but not limited to rail spurs, infrastructure, etc; 11. The attraction and development of DFW Metroplex area commuter transit /light rail /mass transportation services including the development of a Kennedale rail station and related improvements; 12. The purchase /leasing /sale or other means of transfer of real estate land and properties for the accomplishment of the above designated projects; 13. The issuance, purchase, sale, or other means of transfer of Bonds and other debt instruments designed to fund the above objectives including, but not limited to implementing a Tax Increment Financing (TIF) District and mixed-use project(s) development/redevelopment; 14. The implementation of an E-Civic Grant Writing Program; and 15. All necessary services and related expenses for the above projects including but not limited to project master-planning; engineering; alternate energy sources; project advertising /marketing; related consultant and legal services; new construction / remodeling / maintenance of landscaping, roadways, City /KEDC owned or leased buildings, and their related improvements. 3. Action on projects and budget for fiscal year 2008-2009. d. Review of KEDC Financial Reports. II. STAFF ANNOUNCEMENTS/REPORTS a. Executive Director Announcement/Reports. b. KEDC Director Announcement/Reports. III. PRESIDENTBOARD ANNOUNCEMENTS/REPORTS a. President Announcements/Reports b. Board of Directors Announcements/Reports IV. 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, sale, exchange, lease, or value of real properly. V. RECONVENE INTO OPEN SESSION AND TAKE ACTION NECESSARY PURSUANT TO EXECUTIVE SESSION. VI. ADJOURNMENT Page 2 of 2