HomeMy WebLinkAbout07/15/1997
MINUTES
ECONOMIC DEVELOPMENT CORPORATION BOARD
MEETING
JULY 15, 1997
7:30 p.m.
DENTON COUNTY GOVERNMENT CENTER
Present:
Board
Sue Walden, Secretary
Ronnie Fischer, Secretary
Rick Manser
David Kovatch, Council Member
Absent
Gary McClure, President
Mary Watts, Mayor
Staff
Dennis Watson, Staff Liaison
1. ECONOMIC DEVELOPMENT SALES TAX COMMITTEE MEETING AT
DENTON COUNTY GOVERNMENT CENTER
Mr. Kovatch introduced himself as the Chairman of the Sales Tax Committee and informed the
committee members why they had been asked to participate in the campaign. Mr. Kovatch then
reviewed with the committee what the sales tax entailed and some of the potential uses for the
tax. Some of the committee members wanted Mr. Kovatch to differentiate between the sales tax
and the bond election. The committee members warned that if the bond election passed and
street improvements were included as part of the ballot wording for the sales tax election then
they felt the sales tax election did not have a chance of passing. A lengthy discussion followed.
The committee members then discussed some of the potential uses of the tax. Some of the
suggestions that came out of the discussions included a portion of the tax would go to property
tax roll back and a portion would go to economic development-related items. The conunittee
decided against using any portion of the tax for infrastructure improvements. They would focus
on the 4B economic development portion and the property tax roll back. Mr. Kovatch stated that
for the next meeting he would narrow down the potential uses of the tax and the committee could
discuss whether or not they agreed with the list. Mr. Kovatch also stated that he would begin to
work on some preliminary ballot wording.
Respectfully Submitted, Dennis Watson, Staff Liaison