HomeMy WebLinkAbout02/04/1997
MINUTES
ECONOMIC DEVELOPMENT CORPORATION BOARD
MEETING
FEBRUARY 04, 1947
7:30 p.m.
CLASS ROOM AT CITY HALL
Present:
Board
Gary McClure, President
Dave Kovatch, Council Member
Mary Watts, Council Member
Craig Sloan, Vice President
Ronnie Fischer, Treasurer
Sue Walden, Secretary
Rick Manser
Staff
Dennis Watson, Staff Liaison
1. CALL TO ORDER
Mr. McClure called the meeting to order at 7:35 p.m.
2. ROLL CALL
3. DISCUSSION OF ACTIONS TO BE TAKEN REGARDING ECONOMIC
DEVELOPMENT PLAN
Mr. McClure requested that Mr. Kovatch continue his discussion form last week. Mr. Kovatch
stated that he wanted to establish time limes and target dates for major EDC goals. Mr. McClure
stated that one of the major issues the Board had to face within the next couple of months was
completion of the lease on Wynnewood Peninsula between the City and Matthews Southwest. A
lengthy discussion followed as to whether to model the lease after the Stewart Peninsula lease
agreement or the Plano Municipal Golf Course lease agreement. The Board agreed to model the
lease after the Stewart Peninsula lease and to use the Plano lease as a cross reference. The Board
set a target date of April 15, for having the lease ready.
The Board entered into a lengthy discussion on whether or not the EDC should make a
presentation at a PTA meeting that involve discussion on the Etheridge Extension on February 18.
Mr. Watson reminded the Board that the representative from the Comptroller's Office was going
to be present to give a Sales Tax presentation on the same date. The Board decided not to
postpone the Sales Tax Presentation again and to keep Mr. Bob Bearden scheduled as planned.
The Board requested Mr. Manser to set up meetings with PTA's to discuss the EDC and
Economic Development in The Colony. The Board decided to discuss the EDC presentation
format for PTA's at it's February 18th meeting.
The Board went on to discuss target dates for specific goals. Following are the dates and items
that were proposed:
February 11 Send letter out to developers
February 18 Sales tax presentation by Comptroller's Office
February 25- April 30 PTA Meetings
March 4 - Jimmie McCormick
March 18 - Matthews Southwest - Golf course operator
May 19- Sales tax proposal presented to City Council
June 2- Council vote on August sales tax election
June 3 - August 2 Public Relations Campaign
Fund Raiser
August 2 Sales tax election
5. DISCUSSION ON POTENTIAL PROSPECTS
The Board decided to come back at the March 4, 1997 meeting with a list of potential contacts
that they would like to start targeting.
6. UPDATE ON AUTO ZONE AND BRAUM'S
Mr. Watson stated that he had provided the Board with an update on Braum's and Auto Zone in
the memorandum that he sent with the packet and asked if anyone had any questions. Mr. Sloan
requested that Mr. Watson find out if the City has the capability of putting in a left-hand turn lane.
Mr. Watson stated that he would follow up on this request.
There being no further business the eting was adjourned at 9:40 p.m The next meeting is
' sche ed for February 18, at 6:96 p.m.~
Re`§pectfully Submitted, Dennis Watson,- S tall Liaison