10/21/2003, KEDC Regular Meeting Minutes166
MINUTES OF
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
..r REGULAR MEETING -OCTOBER 21, 2003
405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG.
CONFERENCE ROOM
President Vaughn called the meeting to order at 7:04 p.m.
Members present: President Vaughn, Vice-President Mundy, Berry, Hayes, Morris. Munn
arrived at 7:06 p.m.
Members absent: Farmer.
Staff present: David Miller, EDC Executive Director; Margaret Eichelberger, EDC Director; and
Kathy Turner, Secretary.
A. REGULAR ITEMS
1. Approval of minutes: regular meeting dated September 16, 2003.
Robert Mundy moved to approve the minutes as submitted, second by Hayes. Mundy,
Hayes, Vaughn, Munn, and Moms voted aye, with Berry abstaining due to absence of
meeting. Motion carried.
2. Consider selection of President and Vice-President to serve aone-year term.
Ballots were presented to each Board Member to allow him/her to cast their votes for a
President and Vice-President to serve aone-year term.
Nita Vaughn was re-elected as President, and Robert Mundy was re-elected as Vice-
President.
3. Review of Financial Reports.
Month end retorts for September 30, 2003 were provided for review, as well as fiscal
year 2002-2003 sales tax history. A brief discussion followed with beginning and ending
fund balance.
4. Consideration of proposal for city entrance on Little School Road.
Bill Munn moved to approve proposal from Callahan & Associates for design services
for the new City Entrance on Little School Road in an amount not to exceed $6,000.00.
Rob Morris second the motion with all members voting in favor.
5. Consider approval to authorize President to execute engagement letter for financial audit
with Pattillo, Brown & Hill, L.L.P. for the year ended September 30, 2003.
Robert Mundy moved to authorize President to execute engagement letter, second by Rob
Morris will all members voting in favor.
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6. Consider approval of check for Functional Grant for Angelo's Restaurant.
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Robert Mundy moved to table item until additional information is obtained on invoices, `
second by John Berry. Motion carried with all members voting in favor.
7. Consider approval of check for Functional and Visual Grant for R.A. Watson &
Associates
John Berry moved to approve Functional Grant in the amount of $29,108.58, second by
Rob Morris. Motion carried with all members voting in favor.
B. PRESIDENTBOARD ANNOUNCEMENTS/REPORTS
1. President Announcements/Reports
President Vaughn welcomed newly appointed Board Member, Beverly Hayes to the
Board, and Council Member Gary Mitchell for his attendance. She also requested
Callahan & Associates attendance at the next meeting for a workshop on the proposed
City Entrance.
Vice-President Mundy requested an updated listing of all Board Members.
2. Board of Directors Announcements/Reports.
John Berry questioned if any additional information had been received on the possibility i{
of a future grocery store locating to Kennedale. President Vaughn said there had been
some inquiries, and additional discussions are taking place.
C. ADJOURNMENT
Robert Mundy moved to adjourn the meeting at 7:56 p.m., second by Rob Morris. Motion
carried unanimously.
ROVED•
P nt, Nita D. Va hn
ATTEST:
Kathy Tur er, Secretary to EDC
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