07/19/2005, KEDC Regular Meeting Minutes196
MINUTES
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING -JULY 19, 2005
"~ 405 MUNICIPAL DR-KENNEDALE MUNICIPAL BLDG.
President Vaughn called the meeting to order at 7:20 p.m.
Members present: President Vaughn, Vice-President Munn., Mundy, Norwood, Hayes, and
Morris. Knox arrived at 7:24 p.m.
Members absent: None
Staff present: David Miller, Executive Director; and Margaret Eichelberger, Economic
Development Director.
A. REGULAR ITEMS
1. Consider approval of minutes: regular meeting dated May 17, 2005.
Jim Norwood moved to approve the meeting minutes as submitted, second by Robert
Mundy. Motion carried.
2. Review of financial reports.
~, Board members reviewed financial reports for the months ending in May and June 2005.
3. Presentation of possible expansion of Texas Speedway.
No discussion took place on this item.
4. Update on the ICSC Conference.
Mr. Miller, Executive Director to the EDC provided an update on the ICSC Conference
that was attended by Robert Mundy, Jim Norwood, and himself. Mr. Miller advised that
the conference was an opportunity to market Kennedale and many meetings and/or talks
have taken place with various venders.
5. Discuss and consider 2005-2006 annual Economic Development Corporation budget.
The proposed 2005/2006 budget was discussed and it was noted that an additional Five
Hundred Dollars ($500.00) was allotted
Bill Munn moved to approve proposed 2005-2006 budget as presented, second by
Marsha Knox. Motion carried.
B. PRESIDENTBOARD ANNOUNCEMENTS/REPORTS
1. President Announcements/Reports
197
President Vaughn asked board members to think about what upcoming project they
would like to see implemented in August. She also advised that a presentation was made
before the Council regarding the city entrance, which was well accepted.
2. Board of Directors Announcements/Reports
A brief discussion took place regarding potential business inquiries.
C. ADJOURNMENT
No further discussion, President Vaughn closed the meeting at 8:24 p.m.
1
~ ~~
Nita D. V
ATTEST:
,~~%~ Li~~i ~ ~f
Kathy Turner, Secretary to EDC
J