HomeMy WebLinkAbout01/20/2000 CDC
MINUTES
THE COLONY COMMUNITY DEVELOPMENT CORPORATION
REGULAR MEETING
CITY HALL COUNCIL CHAMBERS
JANUARY 20, 2000
Present: President Susan King
Treasurer Vicki Briggs
Member Sue Walden
Member John Sanders
Member Richard Boyer
Absent: Member Bunker Hill
Staff: Cindi Lane
Item #1.0. Call to Order: The meeting was called to order by President Susan
King at 7:05 p.m. A quorum was present.
Item #1.1. Pledge of Allegiance: President King led the board in the Pledge of
Allegiance.
Item #1.2. Staff reports: President King updated the Board on the status of the
bank accounts, cash flow projection and the Tax Allocation Summary. Also
covered were the monthly 1/2 cent sales tax graph, November and December
reports to the city manager, administrative expense reports for November and
December, library expenditures, and the annual report to the State Comptroller's
office.
Item # 1.3. Report of 4A meetings held December 8, 1999 and January 12,
2000: Sue Walden updated the board on the activities of the 4A board meetings.
She discussed TXU goals, reported the officer election results and informed the
board what the 4A board plans to discuss with the city council next week in the
joint work session.
Item #2.1 Consideration and approval of the minutes held November 18,
1999: Vicki Briggs made a motion to accept the minutes of the meeting held
November 18, 1999. Ms. Walden seconded the motion and the motion carried
with all ayes with the exception of John Sanders who abstained.
Item #2.2. Discussion and appropriate action regarding the Brinkley
Sargent Architects: There was discussion of Mr. Brinkley coming to the joint
work session with the city council on January 24. No action was taken.
Item #2.3. Discussion and appropriate action regarding the Aquatic Center
Assessment: Mr. Sanders made a motion to table this agenda item until the
February board meeting to allow more time for the board members to review the
Aquatic Center Assessment. Vicki Briggs seconded the motion and the motion
carried with all ayes.
Item #2.6. Consideration and appropriate action regarding awarding a bid
with The Colony Economic Development Corporation for publication of four
newsletters: Cindi Lane informed the board the results of the bid opening
regarding the printing and mailing of economic/community development
newsletters. Staff recommended to the board for Laserset Printing to be awarded
the bid because they are a local business and came within 3% of the lowest
bidder. Ms. Walden made a motion to award the bid for four newsletters to
Lazerset Printing. Richard Boyer seconded the motion and the motion carried
with all ayes.
Item #2.7. Discussion and appropriate action regarding changing board
meeting dates: Ms. Briggs made a motion to move the regular board meeting
day from the 3rd Thursday of each month to the 2nd Thursday of each month. Mr.
Sanders seconded the motion and the motion carried with all ayes.
Item #2.8. Discussion of upcoming work session with city council: Ms. Lane
informed the board of a draft outline for the meeting. There was discussion of
which guests would be attending the meeting and what the content would be.
Item #2.4. Discussion and appropriate action concerning election of
officers: (a) president, (b), vice president, (c) secretary, (d) treasurer:
President King opened the floor for nominations. Ms. Briggs nominated Susan.
King for the position of President. Ms. King accepted the nomination. Mr.
Sanders seconded the motion and the motion carried with all ayes. Mr. Sanders
nominated Richard Boyer for the position of Vice President. Mr. Boyer accepted
the nomination. Ms. Walden seconded the motion and the motion carried with
ayes from all members except Ms. Briggs who voted no. Ms. Briggs nominated
Sue Walden for the position of Secretary. Ms. Walden accepted the nomination.
Mr. Sanders seconded the motion and the motion carried with all ayes. Ms.
Walden nominated Vicki Briggs for the position of Treasurer. Ms. Briggs
accepted the nomination. Ms. Sanders seconded the motion and the motion
carried with all ayes.
Item #2.5. Discussion and appropriate action regarding signature
authorization for signing checks on the 4113 checking account: Ms. Walden
made a motion to authorize Richard Boyer, Vice President and Vicki Briggs,
Treasurer as signatories of the corporate bank accounts with the signature of
either Mr. Boyer or Ms. Briggs to be counter-signed by either the city manager or
director of finance of The City of The Colony. Mr. Sainders seconded the motion
and the motion carried with all ayes.
The Colony CDC Minutes 1/20/2000 Page 2
There being no other business, the meeting was adjourned at 7:20 p.m. by
President King.
Cindi Lane Susan King
Executive Secretary President
The Colony CDC Minutes 1/20/2000 Page 3