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HomeMy WebLinkAbout12/08/99 EDC MINUTES THE COLONY ECONOMIC DEVELOPMENT CORPORATION REGULAR BOARD MEETING CITY HALL COUNCIL CHAMBERS DECEMBER 8, 1999 Present: President John Gordon Vice President Steven Sims Treasurer Al Garcia Member Bob Norris Secretary Delaina Hammock Ex-officio Member Sue Walden Staff: Gene Ramsey Cindi Lane Item 1.1. Call to Order: President Gordon called the meeting to order at 7:02 p.m. and led in the Pledge of Allegiance. Item 1.3. Staff Reports: Gene Ramsey discussed the open meetings act regulations, check register, the cash flow projection, the preliminary December sales tax distribution, the monthly ½ cent sales tax graph, the November report to the city manager, and the administrative expense report for November. Other reports given were the status of the upcoming prospecting trip and the planning of the Josey Lane Extension opening in January. There was discussion about the prospecting trip and questions fi.om the board regarding the opening of Josey Lane. Item 2.1. Consideration of approval of the minutes of the board meeting held November 10 and work session held November 22: A motion was made by Delaina Hammock to accept the minutes of the board meeting held November 10, 1999 and the work session held November 22, 1999. Steven Sims seconded the motion and the motion carried with all ayes. Item 2.2. Discussion of TXU goals and timeline: The board felt that the TXU goals are being accomplished. They discussed the work session with Don Blackwood on November 22. Also discussed was the drainage channel at Paige & Memorial. There was discussion of having another Allies Day event possibly in late spring, 2000. Item 2.3. Discussion and appropriate action regarding Economic Development Services: Mr. Ramsey asked the board for final comments on the new strategic plan fi.om Economic Development Services for the completion of that project. The board plans to schedule a work session with EDS President, Jerry Conner, and the city council in January to review the findings of EDS. Item 2.4. Discussion and appropriate action regarding Zachry Associates: The board reviewed marketing brochures produced by H.C. Zachry. Mr. Zachry will be invited to meet with the EDC and the City Council at the January work session. Item 2.5. Discussion and appropriate action regarding economic development prospects: There was discussion of the County Development District and how it could affect the city. The board would like for the city to research this law. There was discussion of hiring a consultant to determine what would be in the city's best interest. There being no other business, President Gordon the Cindi Lane Executive Secretary EDC Minutes December 8, 1999, Page 2 of 2