HomeMy WebLinkAbout08/22/1995 MEDC
MINUTES OF THE MUNICIPAL ECONOMIC
DEVELOPMENT CORPORATION
HELD ON
AUGUST 22, 1995
A meeting of the Municipal Economic Development Corporation Board of Directors for the City
of The Colony, Texas was called to order at 6:40 p.m. on the 22nd day of August, 1995, at the
Chamber of Commerce. The following persons were in attendance:
Gary McClure, President
David Stanwick, Vice President
Jerry Sebastian, Secretary
Ron Fischer, Treasurer
Tommy Thompson, Executive Vice President
John Dillard, Executive Vice President
Mary Watts, Executive Vice President
Lori Harlan, City Staff Liaison, Director of Economic Development
Prior to board discussion, Mr. Morris Seay of The Colony addressed the board to express concern
about economic development in the city in general. He established his support for business
development in The Colony. However, he voiced concern about city ownership of business
entities such as a golf course facility, Board members answered certain questions and provided a
draft of the feasibility study for the golf course project for his review.
1. PREPARATION FOR PRESENTATION OF GOLF COURSE FEASIBILITY STUDY
President McClure directed the board's attention to a document he produced for the recent
economic development work session. It provided, in outline form, an overview of the EDC, its
history, and the mission for the golf course project. This document will serve as the basic outline
for the presentation the EDC will make to Council on September 18. The board then
brainstormed and discussion the presentation concerning the EDC's mission, vision, goals and
objectives.
The meeting was adjourned at 8:45 p.m.
Respectfully submitted,
Sebastian, Secretary