08/19/2003, KEDC Regular Meeting Minutes162
MINUTES
`' KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
+~ REGULAR MEETING -AUGUST 19, 2003
405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG.
President Vaughn called the meeting to order at 7:05 p.m.
Members present: President Vaughn, Vice-President Mundy, Moms, Farmer, Munn and
Eichelberger.
Members absent: Berry
Staff present: David Miller, Executive Director; Kathy Turner, Secretary; and Li Jen Lee,
Treasurer.
Also present were the following: The School of Urban and Public Affairs with the University of
Texas at Arlington. The class consisted of Elise Bright, PhD, Project Manager; Susan Atkinson,
Architectural Design; Mike Autrey, Town Center & Zoning; Carla Chaisson, Demographics,
Market Analysis; Kent Hurst, Research Assistant, Editor; Matt King, Environmental issues; and
Alex Parks, History and Finance. Chairman Brian Johnson of the Planning and Zoning
Commission, and Council Member, Gary Mitchell.
A. REGULAR ITEMS
1. Approval of minutes: special meeting dated May 20, 2003, and regular meeting dated
~+ July 22, 2003.
Bill Munn moved to approve the minutes as submitted, second by Robert Mundy.
Motion carried.
2. Review of Financial Reports.
Li Jen Lee, Treasurer advised that as of August 2003, the sales tax was at 96% and would
meet budget projections.
3. Consider approval of budget for fiscal year 2003-2004.
Margaret Eichelberger advised that there were no changes to the budget, other than the
move of office equipment to budget category 5280. She also said that the 50% increase
reflected in the salary was due to the rise of health costs, not the actual salary.
Bill Munn moved to approve the budget for fiscal year 2003-2004, second by Dempsey
Farmer. Motion carried.
4. Discussion regarding comprehensive study for redevelopment plan.
The School of Urban and Public Affairs students with the University of Texas at
Arlington made a presentation regarding the comprehensive study for a redevelopment
plan for the City of Kennedale. Each student addressed various issues, which covered the
~""" redevelopment study, historical perspectives and financing options, environmental
163
considerations, the Town Center concept, focused market analyses, Kennedale Town
Center proposals, and implementation recommendations.
B. STAFF COMMENTS
1. Executive Director Report - No Report.
2. Economic Development Director Report - No Report.
C. PRESIDENT/BOARD ANNOUNCEMENTS/REPORTS
1. President AnnouncementslReports
President Vaughn questioned board members whose terms expire in 2003 if they wished
to continue serving. Morris, Farmer and Vaughn wished to continue serving, while
Eichelberger chose to step down.
2. Board of Directors Announcements/Reports - No announcements/reports.
D. ADJOURNMENT
Bill Munn moved to adjourn the meeting at 8:50 p.m., second by Dempsey Farmer. Motion
carved.
AP ROVED:
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~~
Pr ident, Nita D. Vay~ hn
ATTEST:
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Kathy Turner, Secretary