HomeMy WebLinkAbout10/21/1999 CDC
MINUTES
THE COLONY COMMUNITY DEVELOPMENT CORPORATION
REGULAR MEETING
CITY HALL COUNCIL CHAMBERS
OCTOBER 21, 1999
Present: President Susan King
Member Sue Walden
Member John Sanders
Member Bunker Hill
Member Richard Boyer
Absent: Treasurer Vicki Briggs
Staff: Gene Ramsey, Cindi Lane
Guests: Dwayne Brinkley, Brinkley Sargent Architects
Dennis Sims, Dunkin Sims, Stoffels, Inc.
Raymond Turco, Raymond Turco & Associates
Item #1.1. Call to Order: The meeting was called to order by President Susan
King at 7:03 p.m. A quorum was present.
Item #1.2. Staff reports: Gene Ramsey updated the Board on the status of the
bank accounts, cash flow projection and the Tax Allocation Summary. He pointed
out that the city has exceeded the projected 10% increase of sales taxes for the
fiscal year.
Item # 1.3. Board President's comments: President King recognized former
members Don Goebel and Morris Seay, thanked them for their services and
awarded him with a plaque as a token of appreciation.
Item #2.3 Citizen input: There was no citizen input.
Item #2.4. Ex-officio comments: 4A Ex-officio member Sue Walden informed
the board of the decision made by the 4A board to approve payment of additional
funds needed for the Josey Lane water line relocation in the amount of
$5,517.50. Ms. Walden expressed her appreciation to Mr. Ramsey and Cindi
Lane for their work in putting together the Allies Day event.
Item #2.1 Consideration and approval of the minutes held September 16,
1999: John Sanders made a motion to accept the minutes of the meeting held
September 16, 1999. Ms. Walden seconded the motion and the motion carried
with all ayes.
Item #2.2. Discussion and appropriate action regarding the Brinkley
Sargent Architects: Dwayne Brinkley gave the board an update regarding
Brinkley Sargent Architects study and asked to be put on the next four agendas
to cover all areas of the study.
Item #2.3. Discussion and appropriate action regarding the Turco opinion
survey: Raymond Turco made a presentation to the board of his findings
pertaining to the telephone survey. He reviewed the steps taken to gather the
data and gave a detailed analogy of the data. He presented each member of the
board with a notebook of the completed survey for their review. Mr. Sanders
made a motion to table approval of the survey report until the November meeting.
Bunker Hill seconded the motion and the motion carried with all ayes.
Item #2.4. Discussion regarding funding options of sales tax revenue
bonds vs. certificates of obligation: The board decided to schedule a work
session to discuss long term funding options.
Item #2.5. Discussion and appropriate action regarding the amendment of
the proposed 1999-2000 budget: Mr. Sanders made a motion to approve the
amendment of the proposed 1999-2000 budget. Richard Boyer seconded the
motion and the motion carried with all ayes.
Item #2.6. Discussion of board vacancy: There was discussion of the vacancy
left by Secretary Pamela Kane who resigned for personal reasons. It was noted
that the city council was aware of the vacancy and would appoint another
member.
Item #2.7. Discussion of number of hours billed by city attorney: There was
discussion of the total amount of money charged to the 4B board for attorney
fees for the 1998-1999 fiscal year. Mr. Ramsey informed the board that upon
researching legal fees charged to 413, a credit adjustment of $993.25 was made.
Item #2.8. Concerns of the board: There were no concerns from the board.
Item #2.9. Future agenda items - Recommendations for changes to the job
description of the Executive Director: Discussion and appropriate action
regarding the amendment of the proposed 1999-2000 contract: These items
will be addressed at the regular meeting in November.
There being no other business, the meeting was adjourned at 8:20 p. m. by
President King.
Cindi Lane/ Susan King
Executive Secretary President
The Colony CDC Minutes 10/21/99 Page 2