HomeMy WebLinkAbout06/16/99 EDC MINUTES
THE COLONY ECONOMIC DEVELOPMENT CORPORATION
REGULAR BOARD MEETING
CITY HALL COUNCIL CHAMBERS
JUNE 16, 1999
Present: President John Gordon
Member Lois LeBlanc
Member Delaina Hammock
Ex-officio Member Sue Walden
Absent: Vice President Dr. Richard Seidler
Treasurer Al Garcia
Staff: Gene Ramsey
Cindi Lane
Item 1.0. Call to Order: President Gordon called the meeting to order at 7:02 p.m. and
led in the Pledge of Allegiance.
Item 1.2. Staff Reports: Gene Ramsey covered the financial reports, the sales tax
statistics, the June tax allocation summary, Allies Day draft; as well as payment
updates for the gas line and water line. Mr. Ramsey provided a tax information
report that showed a break down of types of business and the tax dollars generated
from each group. He provided a list of vacant retail spaces and informed the board
that the second quarterly newsletter was being mailed out. There were no
questions by the board.
Item 1.3. Board President's Comments: President Gordon stated how proud and
impressed he was with the pre-grand opening of Budget Suites and that he was
pleased to have Budget Suites as an addition to our city.
Item 1.4. Citizen Input: There was no citizen input.
Item 1.5: Advisory Board member comments: Ex-officio member Sue Walden
informed the board that the 4B board decided to invest their dollars with Texpool.
Ms. Walden also reported that there would be a public hearing held the following
evening concerning the expenditure of $37,850 for the 4B board's
recommendation to hire Brinkley Sargent Architects and an allocation of
$100,000 for expenditures to relocate and furnish the library.
Item 2.1. Consideration of approval of the minutes of the board meeting held May
13, 1999: A motion was made by Secretary Delaina Hammock to accept the
minutes of the board meeting held May 13, 1999. Merober Lois LeBlanc
seconded the motion. The motion carried with all ayes.
Item 2.2. Consideration of recommendation from Negotiation team relating contract
with Economic Development Services: Ms. Hammock gave a report from the
negotiation team's meeting with the proposed consultant, Economic Development
Services. Ms. LeBlanc made a motion to recommend to the city council approval
of the contract in the amount of $24,500. The motion was seconded by Ms.
Hammock and carried with all ayes.
Item 2.3. Consideration of appropriate action regarding finalist proposals for
marketing the City of the Colony and making recommendations to the City
Council: Ms. Hammock made a motion to recommend the consulting firm,
Economic Development Services to the City Council. Ms. LeBlanc seconded the
motion and carried with all ayes.
Item 2.4. Comments by EDS: Jerry Conner of Economic Development Services thanked the board for the opportunity to be their consulting firm.
Item 2.7. Internet discussions: Representing Colony Chamber of Commerce, Vice
President Kathy Woods made a presentation to the 4A board to consider three
items. (1) The Chamber would like to be included in discussion of the web site.
(2) As of December 31, 1999, Mike Catt will no longer be able to maintain the
web site. (3) The Chamber would like to work with the city to obtain information
to keep the web site information current.
Item 2.5. Discussion of strategic planning meeting May 22 and follow-through
actions: Mr. Ramsey reported to the board that Emie Harris and Allyn Giles with
TXU will present the outcome of the strategic planning seminar at the next 4A
board meeting. A committee of Ms. Hammock, Ms. LeBlanc, Mr. Conner and Mr.
Ramsey will make an Allies Day proposal at the August board meeting.
Item 2.6. Review guidelines for economic incentives: It was agreed to place this item
on the agenda after receiving an updated strategic plan from the consulting firm.
Item 2.8. Concerns of the board, discussions and decisions regarding board meeting
times: Ms. LeBlanc made a motion to move meeting days to the fourth
Wednesdays of each month during the months of July and August; however,
beginning September, 1999, meetings will be on the second Wednesdays each
month. Ms. Hammock seconded the motion. The motion carried with all ayes.
Item 2.9. Discussion of board vacancy: There was discussion of the pending director vacancy and council liaison position.
Item 2.10. Future meetings schedule:
EDC Minutes, June 16, 1999, Page 2 of 3
Item 2.11. Future agenda items:
There being no other business, the meeting was ~~~ P~
8:20 p.m.
Cindi Lane // J_.~.. ~fOon
Executive Secretary
EDC Minutes, June 16, 1999, Page 3 of 3