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HomeMy WebLinkAbout04/02/1998 MINUTES OF THE COLONY MUNICIPAL ECONOMIC DEVELOPMENT CORPORATION "QUALITY OF LIFE" 4B BOARD HELD ON APRIL 2ND, 1998 A REGULAR SESSION of the Board of Directors of The Colony Municipal Economic Development Corporation "Quality of Life" 4B Board, was called to order at 7:40 p.m. with the following members present: Don Goebel President Wayne Bullard Member Vicki Briggs Member Morris Seay Member Susan King Member Sue Walden Member and with Member Manser absent; however, a quorum was established. Also in attendance was Pam Nelson, Parks & Recreation Director. 1. CITIZENS INPUT. None. 2. REVIEW AND CONSIDERATION OF TERMS FOR CONTRACT OF SERVICES WITH THE CITY OF THE COLONY. Ms. Nelson presented a draft of a proposed contract for services with The City of The Colony. After reviewing the contract, Members had the following corrections: Page 1 - Item 2. - Change to read - Assist with research, development, preparation, and implementation of a community facilities development plan as directed by the MEDC Board. Page 2 - 11. - two spelling errors - the word legal and the work in/ Page 2 - III - Item 1- add at end of sentence (see attachment A) Page 2 - III - Item 2 - change sentence to read - Grant authority to the Executive Director to disburse funds and incur expenses on behalf of the MEDC, and designate City signatories as authorized signatories of the Corporation according to policies and procedures established by MEDC (413 Board). Page 2 - III - Item 5 - add at end of sentence (see attachment B). Page 2 - IV - add the following sentence to end of first paragraph - The Executive Director will have discretion to prioritize job responsibilities to meet the needs of MEDC. Page 2 - IV - Second paragraph - change Director to Executive Director A motion was then made by Member Bullard to recommend approval of the contract of services with the City of The Colony with the above changes as noted. Seconded by Member Briggs, the motion was approved by the following vote: Ayes: All members present voted aye Noes: None 3. DISCUSSION OF CHANGES TO THE BY-LAWS. Members discussed at length changes to the By-Laws. A copy of the proposed changes are attached to the minutes with the wording to be changed noted as a strike through with the correction added. 4. DISCUSSION OF A PRELIMINARY BUDGET FOR OPERATIONS. President Goebel handed out another proposal for shared cost of services with the City which Members discussed at length. A copy of this proposal is attached to the minutes with noted corrections. They discussed start up needs versus what would be needed for next year. Members discussed the need to work more on the budget of what monies would be needed until September 30`h, 1998. Ms. Nelson stated they would need to work more closely on costs. Discussion will continue on the budget at a later meeting. 5. FINALIZE PREPARATIONS FOR PUBLIC HEARING ON APRIL 16TH. This item is tabled until next Thursday, April 9`" at 7:00 p.m. and will be the only item on the agenda. 6. DEVELOP GOALS AND OBJECTIVES FOR THE CORPORATION. This item was tabled for a future meeting. 7. NEW BUSINESS. This item was tabled. There being no further discussion, it was unanimously to adjourn the meeting at 10:20 p.m. Beverly opp, Recording Secretary on Goebel, President