HomeMy WebLinkAbout07/13/2000 CDC
MINUTES
THE COLONY COMMUNITY DEVELOPMENT CORPORATION
REGULAR SESSION
JULY 13"" 2000
Present: Susan King - President
Richard Boyer - Vice President
Vicki Briggs - Treasurer
Sue Walden - Secretary
John Sanders - Member
Bunker Hill - Member
Staff: Sam Fitzgerald
Kathy Neal
Guests: Dennis Sims
1. STAFF REPORTS -
Kathy informed the board that Gwen is redoing a letter to the bank to close out the
checking account. She is waiting on something from the attorney to make sure there are
no problems. The financial statement will show a negative amount until all the accounts
get transferred over; we still have expenditures even though there is no revenue coining
in. Sam added that the transfer of $30,000 was for final payment to Brinkley Sargent and
some more bills for the library. The board was given a list of expendiures to date for the
library. Susan would like the board to receive a list like this when there are projects
taking place. She thinks this will help keep the board informed on the spending.
REPORT BY 4A BOARD EX-OFFICIO-
Sue informed the board the Tony Johnston and Cindi Lane attended a North Texas
Commission luncheon at DFW Airport. The Colony was invited because it will benefit
from being on HWY 121. The 4A board is not sure if they want to help pay for an
accountant like 4B is doing, so they have tabled that until the new director is more
familiar with things. Cindi was given a 5% salary increase.
2. CONSIDERATION AND APPROVAL FOR ADDITIONAL FUNDING FOR
RIDGEPOINTE PARK.
Dennis informed the board he has been working with Pam and Sam on plans and
specifications for Ridgepointe. He showed the board a TOPO drawing so they can see
why the costs will change or increase. There were no benches in the original estimate
and now there are 4. Everything is already ADA. This is ready to go. Picnic tables can
be bid as an alternate, if you don't like the price, you can take them out. The board
suggested adding trees to the bid so that the contractor will have to guarantee them.
Dennis said they will only be guaranteed as long as they are watered. The schedule on
the park was pushed back a couple of week so that you could be presented with this
request of increase for funding. John made a motion to approve $50,000 in additional
funding for Ridgepointe and the extra funds includes trees. Vicki seconded the motion.
The motion carried.
3. CONSIDERATION AND APPROVAL OF CDC LOGO.
Richard informed the board that David had given more examples of the logo, but nothing
was in color yet. He gave examples of the logo on business cards and letterhead. Bunker
made a motion for Richard to come back to the board showing option B with the lettering
from option A. Sue seconded the motion. The motion carried.
4. DISCUSSION OF THE PURCHASE OF A DIGITAL CAMERA.
Sam informed the board he has begun to keep a photographic log of all the 4B projects
they are going to do. He has given the board examples of pictures taken with a digital
camera. With digital cameras you can use a disc multiple times and you never have to
pay for film or developing. You can put it in a computer and send pictures through
e-mail. The software comes with the camera and the total cost would be $1,000. The
board gave a consensus for Sam to spend money on a digital camera.
5. DISCUSSION OF SIGNAGE FOR THE COMMUNITY COMPLEX.
Sam informed the board that the Mayor has asked for a sign to be placed at the
community complex just like the one we have at Ridgepointe, only 3x bigger. He wants
4B to pay for 3 more signs. They would cost $1,000 each and that does not include the
telephone poles we would have to purchase to hold the signs up on. He wants them
placed at Paige, Blair Oaks and across the street at the 30 acres. Signs that big are
classified as billboards and billboards are not allowed in city limits according to city
ordinance. Sam gave the board 2 other proposals for signs that would cost $350 each and
be the same size as the Ridgepointe signs.
The meeting was adjourned at 8:00.
K thy Ne 1, Recording Secretary Susan King, Preside t