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2009_07.21 EDC Agenda NOTICE OF MEETING OF THE KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS KENNEDALE, TEXAS Notice is hereby given that a Special Meeting will be held by the Kennedale Economic Deg elopment Corporation Board of Directors on the 2151 day of July 2009 at 7:15 P.lvt., in the Kennedale Municipal Building Council Chambers located at 405 Municipal Drive, Kennedale, Texas, at which time the following subjects will be discussed to wit: AGENDA (SEE ATTACHED AGENDA) Dated this 17`" day of July 2009. Bv: Robert P. Mundy, President I. the undersigned authority, do hereby certify that the above Notice of Meeting of the Economic Development Corporation Board of Directors is a true and correct copy of said Notice and that I posted a true and correct copy of said Notice on the bulletin board of City Hall of said City in Kennedale, '1'cxas, a place com~enient and readily accessible to the general public at alt times, and said Notice was posted on July 17, 2009 at 4:00 o'clock P.M., and remained so posted continuously for at least 72 hours preceding the scheduled time of said Meeting. Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services such as interpreters for persons who are deaf or hearing impaired. readers, large print, arc requested to contact the undersigned at (817) 985.2104 five (5) work days prior to the meeting so that appropriate arrangements can be made. ,,,,,,,T~~}ted this the 17`" ``,,, OF FCEy,~~ . -,L ,......., ~. v yq ~y{ ~" t ~F ;'t~ `V ~, . .. •~..~a `~ day of July 2009. Kathy Tunler, City Secretary AGENDA KENNEDALE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING -JULY 21, 2009 405 MUNICIPAL DR. -KENNEDALE MUNICIPAL BLDG. COUNCIL CHAMBERS 7:15 PM L CALL TO ORDF,R iI. ROLL CALL III. REGULAR ITEMS A. Review and consider action to approve regular rneeting minutes dated .Tune 2, 2009. B. Review and consider action to approve KEDC Financial Reports. C. Discuss photo survey results and recommendations. D. Review and consider marketing material, website, brochure, and map. E. Public Hearing, Review and Consider action to forward a recommendation to the City Council to approve proposed 2009-2010 fiscal year budget and proposed KEDC projects. l . Staff presentation 2. Public Hearing - To receive citizen's comments on the proposed KEDC 2009- 2010 fiscal year budget, and projects. a. Operations/Management/Marketing of a "mid-city" downtown district including but not limited to the commercial, medical, retail, and (New Urbanism style, typically higher density / multi-storied) residential growth of TownCenter Kennedale and its surrounding area; b. fhe development of new and renovation of existing commercial/residential and municipal /KEDC projects designed to enhance Kennedale's lifestyle and quality of life; c. The futther development/beautitication/landscaping/upgrading of the TownCenter Kennedale area and its adjoining TCK Plaza; d. The planning, implementation, and operation of Civic / City Events and establishment of a City/TCK Public Arts Program; e. The construction of a new Kennedale Entranceway Monument Sign at a site TBD; t: The creation & implementation of Kennedale Parkway, Village Creek, and [-20 commercial and residential Urban Renewal / Development/Redevelopment / Page 1 of 3 Revitalization i Beautification plans %Kennedale Parkway Landscape Median and actual projects derived from these plans; g. The Creation of a Tax Increment Financing District(s) (T1F) and Municipal Management District (MMD) including Consultation, Planning, Legal, and Engineering Services; h. A Kennedale Marketing and Implementation Plan aimed at City Branding and attracting new Kennedale projects and businesses; i. The continuation of the existing Revitalization Grant Program and funding; j. Industrial expansion and recruitment program. k. The recruitment of new and retention of existing Kennedale industrial businesses and development'redevelopment of industrial park(s); including but not limited to rail spurs, infrastructure, and office parks, etc; I. The attraction and development of DPW Metroplex area commuter transit /light rail /mass transportation services including the development of a Kennedale rail station and related improvements; m. The purchase /leasing /sale or other means of d~ansfer of real estate land and properties for the accornplislnnent ofthe above designated projects; n. The issuance, purchase, sale, or other means of transfer of Bonds and other debt instruments designed to fund the above objectives including, but not limited to implementing a Tax Increment Financing (TIF) District !Municipal Management District (MMD) and mixed-use project(s) developmenthedeveloptnettt; o. I'he implementation of an E-Civis Grant Writing Program; p. Contractual staff services (Orasi Development); and q. All necessary services and related expenses for the above projects including but not limited to project master-planning; engineering: alternate energy sources; project advertising / rarketing; related consultant and legal services; new construction / remodeling / maintenance of landscaping, roadways, City /KEDC owned or leased buildings, and their related improvements.; The above listed projects will require expenditure of funds collected from the 4B sales tax. If the KEDC Board of Directors recommends approval of the eligible project, the City Council will act on the recommendation at their regularly scheduled meeting on the ] 0`h day of September 2009. 3. Staff summary 4. Action on 2009-2010 fiscal year budget and proposed KEDC projects. Page 2 of 3 F. Discussion of strategies to work with the Chamber of Commerce. G. Review and consider action to cancel representation agreement with Mark A. Howe dba Howe/Wood & Company and/or its assigns and/or its affiliates (HW&C), and to provide 30 day written termination notice. H. Review and consider action to cancel management contract with Quine & Association, Inc., and to provide 30 day written termination notice. I. Review and consider action to change date and time of future meetings. IV. STAFF ANNOUNCEMENTS/REPORTS A. KEDC Executive Director Announcement/Reports 1. Update on Kennedale TownCenter activities, including P&Z action and the 2009 NCTCOG Sustainability Grant Program 2. CGl Communications video project 3. MMD Bill start-up 4. Orasi Development report V. PRESIDENT/BOARD ANNOUNCEMENTS/REPORTS A. President. Announcements/Reports 1. Report agenda items to be posted for future meetings. VI. ADJOURNMENT Page 3 of 3