HomeMy WebLinkAbout10/13/98 EDC MINUTES
THE COLONY ECONOMIC DEVELOPMENT CORPORATION
OCTOBER 13, 1998
CITY HALL CONFERENCE ROOM
John Gordon called the meeting to order at 7:00 p.m. adjourned into Executive session as
authorized by Section 551.075 of'the Local Government Code relating to corff'erence with
employee: a. Receive report from director regarding potential 4A prospects.
Executive session adjourned at 7:26p.m
Present were: John Gordon
Randy Robinson
Gene Cone
Absent were: Kate Jarvella
Richard Seidler
Also present: Mary Blair Watts, Mayor
Sue Walden, Ex-Officio
Becky Betancourt, Recording Secretary
Darlene McKelvy, EDC Secretary
Gene Ramsey, Economic Development Director
Sherrie Chaulk, Property Mgr. of Bigelow Management Team
Brian Higie, VP Bigelow Development
John Gordon reconvened the meeting at 7:30 p.m.
Agenda #1- Motion to approve the minutes of September 22 (as amended to show the
date of the meeting for discussion of the tabled motions will be October 27ta, rather than
October 20ta) was made by Gene Cone and seconded by Randy Robinson. The motion
passed.
Agenda #2- A motion was made by Mr. Robinson to recommend that the City Council
authorize the 4A Board to grant assistance to Budget Suites in the amount of $20,000 for
3 years. Mr. Cone seconded. The motion passed.
Agenda #3- A motion was made by Mr. Robinson to table until October 27t~ the
discussion of Funplex. Mr. Cone seconded. The motion passed.
Agenda #4- A motion was made by Mr. Robinson to table until October 27t~ the
discussion of sponsoring a civic event for citizens of The Colony opening of Austin
Ranch. Mr. Cone seconded. The motion passed.
Agenda #5- A motion was made by Mr. Robinson to approve a contract for services by
the City and tax funds administration by the board, as amended (attached to and made a
part of these minutes). Seconded by Mr. Cone. Motion passed.
Agenda #6- Mr. Robinson made a motion to table until October 27 the discussion of
designation of persons authorization to be signatories on the 4A bank account. Mr. Cone
seconded. The motion passed.
Agenda #7- There were discussions of the retreat scheduled October 24, prospects,
and the September 29t~ reception.
Agenda #8- A motion was made by Mr. Robinson to decline the ad in the Dallas
Chamber of Commerce Industrial Real Estate Guide. Mr. Cone seconded. The motion
passed.
Agenda #9- There was discussion of requesting that the 4B Board share in the expenses
incurred from the advertisements relative to the executive director search. Sue Walden
will present this to the 4B Board members.
Agenda #10- Mr. Gordon presented materials from Frisco's Transportation Committee
for better roads.
Agenda # 11- Mr. Robinson moved to adjourn the meeting. Mr. Cone seconded. The
meeting was adjourned at 9:15 p.m.
Becky Beflincourt, Recording Secretary