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05/17/2005, KEDC Regular Meeting Minutes194 MINUTES KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING -MAY 17, 2005 rr.r 405 MUNICIPAL DR. - KENNEDALE MUNICIPAL BLDG. CONFERENCE ROOM President Vaughn called the meeting to order at 7:15 p.m. Members present: President Vaughn, Board Members Mundy, Norwood, Knox, Hays, and Morris. Members absent: Vice-President Munn. Staff present: Margaret Eichelberger, Director of Economic Development. A. PUBLIC HEARING 1. To receive citizen's input regarding eligible projects for economic development. Those projects will consist of the following: extending city sewer to Hudson V illage Creek, new street signage with city logo, recreation facility, clean up Village Creek, and pavilion in City Park with restroom facility. No persons registered to speak for or against proposed projects. ~.r Public Hearing closed at 7:16 p.m. B. REGULAR ITEMS 1. Consider approval of minutes: regular meeting dated April l9, 2005. Robert Mundy moved to approve meeting minutes as submitted, second by Jim Norwood. Motion carried. 2. Review of financial reports. Board members reviewed financial reports for the month ending April 30, 2005. 3. Consider approval of eligible projects for economic development, allow expenditure of funds collected from 4B Sales Tax, and forward recommendation to City Council for approval. Robert Mundy moved to approve economic development projects, which will include extending city sewer to Hudson Village Creek, new street signage with city logo, recreation facility, clean up Village Creek, and pavilion in City Park with restroom facility and forward recommendation to City Council for approval, second by Marsha Knox. rr... A brief discussion took place regarding the clean-up of Village Creek. 195 Motion carried with all members present voting in favor. 4. Discussion on trip to Las Vegas. A short discussion took place regarding the scheduled business trip to Las Vegas. C. PRESIDENTBOARD ANNOUNCEMENTS/REPORTS 1. President Announcements/Reports - No announcements or reports. 2. Board of Directors Announcements/Reports - No announcements or reports. D. ADJOURNMENT President Vaughn adjourned the meeting at 7:45 p.m. ATTEST: Kathy Tur~r, Secretary to EDC J