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HomeMy WebLinkAbout07/01/1997 MINUTES ECONOMIC DEVELOPMENT CORPORATION BOARD MEETING JULY 19 1997 6:30 p.m. CONFERENCE HALL AT CITY HALL Present: Board Gary McClure, President Mary Watts, Mayor David Kovatch, Council Member Sue Walden, Secretary Ronnie Fischer, Secretary Absent Craig Sloan, Vice President Rick Manser Staff Dennis Watson, Staff Liaison 1. CALL TO ORDER Mr. McClure called the meeting to order at 6:40 p.m. 2. ROLL CALL 3. APPROVAL OF MINUTES OF 6/10/97 EDC MEETING Mr. Kovatch made a motion to approve the minutes. The motion was seconded by Ms. Walden. The Board unanimously approved the motion. 4. UPDATE ON WYNNEWOOD PENINSULA GOLF COURSE GROUND LEASE AGREEMENT Mr. Watson informed the Board that Mr. Sloan had submitted his resignation. The Board discussed the latest occurrences with the golf course lease agreement. Mr. Watson informed the Board that American Golf was going to entertain the idea of going to a percentage of gross as opposed to going with a percentage of net. Mr. Watson gave the Board a brief summation of the latest discussions on the lease agreement. Mr. Watson informed the Board that most of the major issues had been resolved and there were a few outstanding issues relating to: responsibility for environmental hazards, insurance deductible amount, and minimum rent payment. A lengthy discussion followed on this issue. 5. DISCUSSION AND POSSIBLE ACTION OF EDC PRESENTATION TO CITY COUNCIL REGARDING THE WYNNEWOOD PENINSULA GOLF COURSE GROUND LEASE AGREEMENT Mr. Manser was not present to review his presentation to Council. The Board agreed to move Mr. Manser presentations to tomorrow's meeting. 6. DISCUSSION OF SALES TAX COMMITTEE MEETING ON JULY 15TH Mr. Kovatch stated that he had completed a time-line for the Sales Tax Committee. He stated that he had an outline for the meeting. Mr. Kovatch briefly reviewed his timeline. He stated that at the initial meetings he would like to bring the committee up-to-date on the sales tax (what it is and what are some of the potential uses, etc.) He stated that he would like to divide the committee up into different sub committees. He stated that by mid August he would like to have the actual wording of the ballot proposal. By mid September he would like to make a presentation before Council. At the first Council meeting in October he would like to ask Council to call an election and two weeks later have the Council take formal action on calling an election. Discussion on this item followed. 7. OTHER BUSINESS There being no further business the meeting was adjourned at 7:20 p.m. The next meeting is scheduled for July 2, at 6:30 p.m. Respectfully Submitted, Dennis Watson, Staff Liaison