HomeMy WebLinkAbout05/21/1998
MINUTES OF THE ECONOMIC DEVELOPMENT CORPORATION
OF THE CITY OF THE COLONY
HELD ON MAY 21sT, 1998
A REGULAR SESSION of the Economic Development Corporation of The City of The Colony, TX., was called
to order at 7:00 p.m. with the following Board members present:
Don Goebel President
Wayne Bullard Member
Morris Seay Member
Susan King Member
Sue Walden Member
Vicki Briggs 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. RECEIVE PRESENTATION FROM PATTI HICKS, CITY SECRETARY.
Patti Hicks, City Secretary, gave a presentation to the Board on Roberts Rules of Order, preparation of
agendas, and minutes. She handed out a packet of information to members on general information and
reviewed the information with them.
3. DISCUSSION OF BUSINESS PLAN.
Member Seay, representing the committee set up to come up with a Business Plan, made a presentation
on the Business Plan he liked. Ms. Nelson stated she feels the Board needs to develop their goals and
objectives before focusing on a Business Plan. Member King stated the Board already has an Economic
Development Plan that all members should have a copy of. General discussion followed on the Business
Plan as presented by Member Seay. A copy of this plan was made and passed out to all members
present. Members discussed all the aspects on the Business Plan such as Description of Business, Goals
and Objectives, Market, Feasibility Study, Demographics, and Competition. After all discussion,
President Goebel stated the Business Plan needs to go back to the committee for additional information
and be brought back before the Board for further review. Member Briggs asked President Goebel to sit
in on the committee meeting.
4. REVIEW AND CONSIDERATION OF BUDGET FOR OPERATIONS.
This item was turned over to Pam Nelson Nelson. Ms. Nelson stated she had taken a copy of the Board's
original proposal which showed a 50150 split on costs and made some adjustments to it. She showed the
Board a breakdown of her adjustments and other operational costs that will be needed for the Board to
operate for the remainder of this budget year. Discussion followed on an Assistant Parks & Recreation
Director for Ms. Nelson if she is going to also be Director for the 4B Board. She stated she would need
the assistance to help with her work load as Parks & Recreation Director so she can focus more time to
the 4B Board, however she added she does not want her title to be changed to 4B Board Director.
General discussion followed during which the Board agreed they would like to see the figures remain at a
50/50 split for the 98-99 budget year. Ms. Nelson stated she would go back and make those adjustment,
however keep the line items as proposed for the remainder of the budget year 97-98. A motion was then
made by Member King to recommend approval of the budget of June 1998 - September 1998 as
presented. Seconded by Member Briggs, the motion was approved by the following vote:
Ayes: All members present voted aye
Noes: None
Member King then made a motion to table approval of the 98-99 budget until the next regular scheduled
meeting. Seconded by Member Briggs, the motion was approved by the following vote:
Ayes: All members present voted aye
Noes: None
5. REVIEW AND CONSIDERATION OF ORGANIZATIONAL STRUCTURE AND STAFF
CHANGES.
Board members agreed with organizational structure and staff changes as presented by Ms. Nelson. A
motion was then made by Member Bullard to recommend approval of the organizational structure and
staff changes as presented. Seconded by Member Briggs, the motion was approved by the following
vote:
Ayes: All members present voted aye
Noes: None
6. NEW BUSINESS.
The following new business was discussed:
1) Continue work on incorporation papers.
2) Ms. Nelson suggested the Board take a tour of the Hurst, Bedford, and Euless facilities.
3) Discussed holding work session with City Council.
There being no further discussion, it was unanimously decided to ad'o' urn the . eting 10:00 P.M.
Woe, U
Beverly Nopp, ecording ecretary Don Goebel, President