HomeMy WebLinkAbout02/26/00 EDC MINUTES
THE COLONY ECONOMIC DEVELOPMENT CORPORATION
SPECIAL SESSION
CITY HALL COUNCIL CHAMBERS
FEBRUARY 26, 2000
Present: President John Gordon
Vice President Steven Sims
Treasurer A1 Garcia
Member Bob Norris
Secretary Delaina Hammock
Ex-officio Member Sue Walden
Staff: Gene Ramsey
Cindi Lane
Item 2.1. Call to order: The special session was called to order by President John
Gordon at 1:55 p.m.
Item 2.2. Discussion and appropriate action regarding pending budgetary/contract
changes relating to reassignment of Community Development Corporation
administrative responsibilities and recommendations to the City Council:
Bob Norris made a motion to recommend to the council that The Colony
Economic Development Corporation contract be amended effective March 1,
2000 to increase the monthly administrative fees from $7290.75 to $14,498.17 for
the balance of the fiscal year 1999-2000. Steven Sims seconded the motion and
the motion carried with all ayes.
President Gordon adjourned the special session at 2:05~
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Executive Secretary
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