HomeMy WebLinkAbout12/19/01 EDC MINUTES
THE COLONY ECONOMIC DEVELOPMENT CORPORATION
REGULAR BOARD MEETING
CITY HALL COUNCIL CHAMBERS
DECEMBER 19, 2001
The Regular Session of The Colony Economic Development Corporation of the City of'
The Colony, Texas, was called to order at 7:08 p.m. on the 19th day of December 2001, at
City Hall with the following roll call:
A1 Garcia, President Present
Steven Sims, Vice President Present
Delaina Hammock, Treasurer Absent
Bob Norris, Secretary Present
And with three voting members present, a quorum was established and the following
items were addressed:
Item 1.1. Pledge of Allegiance: President Al Garda led in the Pledge of Allegiance.
President Garcia pointed out that Tom Ten'all had to leave town earlier in the
week due to a family emergency and was unable to be present at this meeting.
2.0. CONSENT AGENDA
Item 2.1. Reports:
a. Cash flow projection
b. Tax Allocation Summary for November
c. Monthly ½ Cent Sales Tax graph
d. Monthly report from November to City Manager
President Gareia asked the board members if' they had any questions about the
reports and there were none. He also informed the board that the city manager
was interviewed last week by TV Channel 11 to find out his opinion of why The
Colony's sales tax was peaking instead of' dropping such as several other cities in
the area have done.
Item 2.2. Approval of the minutes of the board meeting held November 14, 2001:
Bob Norris made a motion to approve the minutes from November 14, 2001 as
written. Steven Sims seconded the motion and the motion carded with all ayes.
3.0 PUBLIC COMMENTS
3.1. Public Input: There was no public input.
4.0 REGULAR AGENDA
Item 4.1. Discussion and appropriate action regarding the approval of the Shapiro
& Company marketing contract: President Gareia explained the purpose of the
contract and asked if there were any questions. There were none. Mr. Norris made
a motion to approve the contract as written. Mr. Sims seconded the motion and
the motion carded with all ayes.
Item 4.2. Discussion and appropriate action regarding changing the regular
monthly meeting day: President Garcia explained that because of conflicts with
EDC conferences, the regular monthly meeting should be changed to a different
Wednesday. The new members were contacted and had no conflict with the
second Wednesday. Mr. Norris mad a motion to hold the regular monthly
meetings on the second Wednesday each month beginning in January 2002. Mr.
Sims seconded the motion and the motion carded with all ayes.
Item 4.3. Discussion of selecting the date to hold January's meeting: Cindi Lane told
the board that the reason this item was placed on the agenda was because one
board member had a conflict with the second Wednesday in January; however,
there is no longer a conflict so this was a moot issue.
Item 4.4. EXECUTIVE SESSION as authorized by section 550.086 of the Local Government Code Economic Development, to-wit:
A. To deliberate the offer of a financial or other incentive to a business
prospect.
The board did not go into executive session.
Item 4.12. Consideration of appropriate action to be taken as a result of executive session: No action was taken. No executive session took place.
President Garcia thanked Mr. Sims for his time, attitude, performance and perception serving on the board and he adjourned the meeting at 7:15 p.m.
Cindi Lane
Administrative Assistant
EDC Minutes December 19, 2001, Page 2