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08/19/1997, KEDC Regular Meeting Minutes15 MINUTES OF KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING -AUGUST 19, 1997 ~" 401 CHITWOOD ST. -LAW ENFORCEMENT CENTER John Berry, President called the meeting to order at 6:32 p.m. Members present: John Beny, Robert Duval, Tom Boone, Michael Box and Nita Vaughn. Members absent: Ron Kovach and Gregory Sellers. Staff present: Ted Rowe, Kathy Tumer, and Margaret Eichelberger. ITEM NO. 1 -Consideration of minutes: Regular Meeting -July 17, 1997 Special Meeting -July 29, 1997 Tom Boone moved to approve the minutes for the regular meeting held on July 17, 1997, and the special meeting held on July 29, 1997 as they were submitted, seconded by Michael Box. Motion carried. Next, President Berry considered items 5, 4, 3 and 6 before item 2. ITEM NO. 5 -Consideration of amending the BYLAWS. Robert Duval presented members with a proposed amendment to the BYLAWS of the Kennedale fir, Economic Development Corporation. The amendment will read as follows: "7.08 Forfeiture of OfSce:' 1) Aboard member shall forfeit office if the member: a) Lacks at any time during the term of office any qualification for the office prescribed by law or these bylaws. b) Violates any express prohibition of these bylaws. c) Fails to attend three consecutive regular meetings of the board without notice to and being excused by the board or the city council. 2) Any forfeiture of office required by the board must be approved by the city council, which shall appoint a successor to serve the remainder of the unexpired term." Michael Box moved to accept the above amendment to the BYLAWS, and forward a recommendation to Council for their approval, seconded by Nita Vaughn. Michael Box, Nita Vaughn, Robert Duval and John Berry voted in favor of the amendment, with Tom Boone abstaining. Motion carried. ITEM N0.4 -Consideration of delay in electing officers until after Council appoints new Members. John Beny stated that this item would be delayed until after the September 16, 1997 meeting. "~.• Therefore, no action was taken on this item. 16 ITEM NO. 3 -Consideration of recommendations to City Council for reappointment of Board Members and/or appointment of new members. Y i John Berry informed the board that Greg Sellers is working in Keene and would be moving to the area shortly, and felt it to be in the best interest of the board to submit his resignation so Council may appoint a new representative. John Berry then asked if any board members had any recommendations to forward to Council. Robert Duvall recommended Margaret Eichelberger to fill the vacant position with all board members in full support in forwarding this recommendation to Council for appointment. ITEM NO. 6 -General discussion. John Berry briefly spoke about the defeat of the Special Election relating to the Home Rule Charter, and stated that a group was going to approach Council to reinstitute the charter election again in January 1998. Mr. Berry spoke in favor of the board preparing a Resolution to forward to Council supporting the Home Rule Charter. Robert Duval made a motion to prepare a Resolution to present to Council to bring the charter back before the voters, seconded by Michael Box. Motion carried. The Kennedale Park Board presented a memorandum to the board members relating to the proposed city park walkway improvements. With the memorandum, the park board said the improvement would coincide with the recommendation outlined in the recently adopted Parks and Recreation Master Plan and would fit nicely with other short-term improvements currently being considered by the board. As such, the Park Board enthusiastically supports the proposal and stands ready to answer any questions or matters involving parks and recreation. Michael Box stated he researched possible grant monies that might be available for- park walkways, and that there would not be any grants available until June 1998 which is actually for funding to begin in 1999. Robert Duval questioned if this was more for trail and nature systems. Mr. Box replied yes and did not feel the walkway would qualify. John Berry stated that he was leery of using economic development money for a park situation, and has always felt it should be spent to lure businesses which in turn would bring in tax dollars and in turn would repair our parks and build new parks. He also said he was not entirely against this idea but would want more information. Margaret Eichelberger suggested approaching businesses and other types of organizations for a donation, which could offset the costs for the project. Robert Duval mentioned that studies that have been completed all reflect back to park areas as a major draw for business relocations. Ted Rowe spoke briefly against taxing the community for an additional sales tax and then saying we are going to do a project that will enhance the community, but yet we would like a donation in addition to the tax for completion of the project. He said if the board was going to do a project, it would be more appropriate to do the entire project. Ted Rowe and Tom Boone were excused at 6:55 p.m. due to a council meeting. 17 ITEM NO.2 -Consideration of budget for 97/98 fiscal year. John Berry reviewed the proposed budget which reflected changes in salary related categories due to a hiring date in December versus October, office renovation within city hall to house an ~""" economic development director, and advertising was reduced to budget for an appreciation day for the businesses at $2,500. Margaret Eichelberger questioned if office furniture was included in the $5,000 for office renovation. John Berry stated that they did not discuss that in detail because at present they did not know what belonged to the Chamber versus City Hall. She said that the economic development is going to need additional furniture. Robert Duvall moved to adopt the attached proposed budget for 97/98 fiscal year as presented, seconded by Michael Box. Motion carved. Margaret Eichelberger questioned how the board wanted to reimburse the City for monies that had ah•eady been spent on economic development by the City since the creation of the board. John Berry requested that this item be placed on an upcoming agenda with a memo reflecting what had actually been spent for economic development to date. There being no further discussion, Robert Duval moved to adjourn the meeting at 7:05 p.m., seconded by Michael Box with all members present voting in favor. APPROVED: iYrr ATTEST: ~~ ~ Ka y T er, Secretary Wr 1 Jo Berry, President 18 KENNEDALE ECONOMIC DEVELOPMENT CORPORATION Proposed Budget - 1996/1997 - 1997/1998 ice,, REVENUE Item Annual 1996/1997 1997/1998 (Mar-Oct) (Oct-Se ) Econ. Dev. Sales Tax Actual (a/o Au) $80,012.13 Pro'ected* $17,365 $105,000 $160,000 *Based on this year's revenues to date. EYPENSES Item Annual Cost 1996/1997 1997!1998 (Jul-Se) (Oct-S ) Strategic Plan Operating Expenses Econ Dev Director Salaries $35.000 $8,750 $32.000 Ins.,FICA, etc. 11,000 2,750 9.200 Trainin 1,000 500 1,000 TraveUMeetin s 4,000 2,000 4,000 Car Ex erase 2,400 600 2.000 Office Rent/Renovation 3,600 900 5,000 Office Su lies 800 300 800 Tele hone 600 250 600 Advertisin 5,000 5,000 2,000 Co ies/Printin 2,000 400 2,000 A reciation Dav 2,500 Sub Total $65,400 $21,450 $61,100 Ca itol Im .Plan Landsca ed Median $4,000 $4,000 Total $69,400 $25,450 $61,100 Balance (Est.) $87,965 $79,550 $98,900