08/20/2002, KEDC Regular Meeting Minutes141
AGENDA
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING -AUGUST 20, 2002
405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG.
CONFERENCE ROOM
President Vaughn called the meeting to order at 7:05 p.m.
Members present: Nita Vaughn, Robert Mundy, Ron Kovach, John Berry, Dempsey Farmer, and
Margaret Eichelberger. Rob Morns arrived at 7:06 p.m.
Members absent: None
Staff present: Kathy Turner, Secretary and Dan Dittfurth, Fire Chief.
A. REGULAR ITEMS
1. Approval of minutes: special meeting dated June 5, 2002 and regular meeting dated June
1 S, 2002.
Robert Mundy moved to approve the above minutes as submitted, second by Margaret
Eichelberger. Mundy, Eichelberger, Vaughn, Berry, Kovach and Farmer voted aye, with
Morris abstaining. Motion carried.
2. Review of financial reports.
Margaret Eichelberger, Economic Development Director explained to the Board of
~+' Directors that the reason for the drop in sales tax in May and June was due to economic
conditions. She also explained that in the report relating to available funds, other assets
were the accrual of sales tax, and other liabilities were FICA and TMRS expenditures.
3. Consider approval of budget for fiscal year 2002-2003
Margaret Eichelberger moved to approve the proposed fiscal year 2002-2003 budget,
second by John Berry.
A discussion took place on functional grants and the designation of funds for the widening
of Business 287.
Ron Kovach moved to amend the proposed budget to add $400,000.00 for the utility
alignment on Business 287, second by John Berry.
A brief discussion took place with Eichelberger informing the board that with proposed
budget amendment, the balance of the budget would exceed what funds are available.
John Berry then recommended that functional grants be reduced to offset the budget.
Kovach, Berry, Vaughn and Mundy voted aye to amend budget, with Eichelberger, Morris
and Farmer abstaining. Amendment carried.
Ron Kovach moved to amend original motion to reduce functional grants to $114,000.00,
second by John Berry. Kovach, Berry, Mundy, Vaughn, Morris and Eichelberger voted
,,,~ aye, with Farmer abstaining. Motion carried.
142
Original motion to approve budget with amendments in the amount of $1,102,796.00
carried with Eichelberger, Berry, Vaughn, Mundy, Kovach, Berry and Morns voting aye,
and Fanner abstaining. Motion carried.
4. Consider property purchase on Highway 287.
No action was taken on this item.
5. Consider request for grant money to purchase ambulance.
Mr. Dan Dittfurth, Fire Chief made a presentation before the Corporation regarding the
need to purchase a new ambulance.
Ron Kovach explained to the Corporation that there were no additional monies in the
city's budget to purchase the ambulance and that was why it was recommended to go
before the corporation.
John Berry moved to deny request, second by Robert Mundy. Berry, Mundy and Morris
voted to deny the request, with Vaughn and Eichelberger voting in favor, and Kovach and
Farmer abstaining. Motion tamed to deny the request.
John Berry moved to forward request back to Council for consideration, second by Rob
Morris. Motion carried unanimously.
B. STAFF COMMENTS
1. Executive Director Report - No report.
2. Economic Development Director Report -Margaret Eichelberger updated the board on
several businesses that were looking to open throughout the city.
C. PRESIDENTBOARD ANNOUNCEMENTS/REPORTS
1. President Announcements/Reports - No announcements or reports were given.
2. Board of Directors Announcements/Reports -Board of Directors, Mundy, Kovach and
Berry were advised that their terms expire in September. Mundy and Berry expressed
willingness to continue serving with Kovach stepping down. Members were advised that
appointments are scheduled to go before Council in September 2002.
D. ADJOURNMENT
John Berry moved to adjourn the meeting at 8:35 p.m., second by Ron Kovach. Motion
carried.
ATTEST:
Sec etary
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