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HomeMy WebLinkAbout12/20/1995 MEDC MINUTES OF THE MUNICIPAL ECONOMIC DEVELOPMENT CORPORATION HELD ON DECEMBER 20, 1995 A meeting of the Municipal Economic Development Corporation Board of Directors for the City of The Colony, Texas was called to order at 7:15 p.m. on the 20th day of December, 1995, at The Colony Chamber of Commerce. The following persons were in attendance: Gary McClure, President David Stanwick, Vice President Jerry Sebastian, Secretary Ronnie Fischer, Treasurer Tommy Thompson, Executive Vice President Mary Watts, Executive Vice President John Dillard, Executive Vice President Lori Harlan, City Staff Liaison, Director of Economic Development 1. CONSIDERATION OF A PROPOSAL FROM WORTH BLAKE & ASSOCIATES FOR THE ECONOMIC DEVELOPMENT PORTION OF THE COMPREHENSIVE LAND USE PLAN Board members briefly discussed a desire to know the overall cost associated with both the economic development plan and the comprehensive land use plan. Ms. Harlan assured the board that numbers were not provided so different oversight committees would not become focused on the cost of the overall plan - or even the economic development portion. Instead, the focus should be on the usefulness of the items in the proposal and their relatedness to the overall plan. After oversight boards make a recommendation on the scope of the project, city staff will discuss price with the consultants involved in the project and then take that price request before the City Council. Board members agreed that the proposal by Worth Blake & Associates was comprehensive. Mr. Dillard made a motion to proceed working with Worth Blake & Associates to conduct the economic development portion of the comprehensive land use plan. Mr. Fischer seconded the motion, and it was unanimously approved. 2. DISCUSSION CONCERNING ONGOING NEGOTIATIONS WITH PENINSULA GOLF PARTNERS Board members expressed frustration that Peninsula Golf did not respond to their most recent correspondence. There was a feeling that Peninsula Golf once again went to a party besides the EDC - this time the city attorney - to discuss the direction in which they should proceed. Also, Mr. Andrews' Tuesday correspondence reflects that Peninsula Golf is still not willing to agree to the initial requests of the EDC. Peninsula Golf has not committed to any portion of the EDC's proposal. There was a general consensus that some time frame needs to be set for ongoing negotiations to avoid an unnecessarily long negotiation period. There was also concern that Peninsula Golf has no intention of working to meet the EDC's demands and may simply continue to be noncommittal. Mr. Sebastian suggested that the EDC request an executive session with the City Council to discuss future direction of the negotiations. This session will give the EDC guidance in setting time frames and conditions in future negotiations. Councilman Dillard made a motion that the EDC request an executive session with the City Council on January 8 to discuss ongoing negotiations with the golf course investors. Board members unanimously supported this motion. The next meeting of the Economic Development Corporation will be Tuesday, January 2, 1996. The meeting was adjourned at 8:50 p.m. Lori Har n, Director of Economic Development