HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC)-Minutes-9/9/2003
city Of
TexaS
PUBLIC NOTICE
ON TUESDAY, SEPTEMBER 9,2003, AT 6:45 P.M., IN THE CITY COUNCIL
CHAMBERS, 5400 BRANSFORD ROAD, THE COLLEYVILLE ECONOMIC
DEVELOPMENT CORPORATION BOARD OF DIRECTORS WILL HOLD A
MEETING FOR THE FOLLOWING PURPOSE:
CONSENT:
1. CONSIDERATION OF CONSENT RESOLUTION R-03-54 - CONSENT
ITEMS:
a. Approval of minutes of the Colleyville Economic Development
Corporation Board of Directors meeting held September 10, 2002
PUBLIC HEARINGS:
2. READING AND PUBLIC HEARING - RESOLUTION R-03-55 - A
Resolution appointing a Colleyville Economic Development Corporation
President and Vice President
3. READING AND PUBLIC HEARING - RESOLUTION R-03-56 - A
Resolution adopting the Economic Development Capital Improvement
Program (EDCIP) for 2004 - 2008
4. READING AND PUBLIC HEARING - RESOLUTION R-03-57 - A
Resolution adopting the Fiscal Year 2004 Budget
5. READING AND PUBLIC HEARING - RESOLUTION R-03-58 - A
Resolution approving the amendment of the Bylaws of the Colleyville
Economic Development Corporation
100 MAIN STREETCOLLEYVILLE, TEXAS 76034 (817) 503-1000
CEDC AGENDA
SEPTEMBER 9, 2003
ACTION ITEMS:
6. READING AND PUBLIC HEARING - RESOLUTION R-03-59 - A
Resolution revising the Colleyville Economic Development Corporation
Investment Policy
REPORTS:
7. ANNUAL ACTIVITY REPORT
8. ANNUAL INVESTMENT REPORT
9. READING AND PUBLIC HEARING - RESOLUTION R-03-60 - A
Resolution ratifying Corporate Board action for the meeting of September
9,2003
ADJOURNMENT:
10. ADJOURNMENT
I certify that the above notice was posted on the Bulletin Board at City Hall on
August 29, 2003 at 5:00 p.m.
~ .
Cynthia Singleton, TRM
City Secretary
MINUTES OF THE
COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION BOARD OF DIRECTORS MEETING
SEPTEMBER 9, 2003
The meeting of the Colleyville Economic Development Corporation Board of directors
was called to order by Director Ginny Tigue on September 9, 2003, at 7:14 p.m. The
meeting was delayed due to the conclusion of the Special Election early voting.
ROLL CALL:
Directors Jon Ayers, Rich Hendler, Mark Skinner, Janice Cole,
Gary Cantrell, and Donna O'Brien were present. Director Ginny
Tigue, City Manager Bill Lindley, Deputy City Manager Dianne
McWethy, Finance Director Terry Leake, Parks and Recreation
Director Monica Walsh, and City Secretary Cynthia Singleton were
also present.
CONSENT:
1. CONSIDERATION OF CONSENT RESOLUTION R-03-54 - CONSENT ITEMS:
a. Approval of minutes of the Colleyville Economic Development Corporation
Board of Directors meeting held September 10, 2002
Director Tigue opened the public hearing.
There was no one present wishing to speak concerning this item and Director Tigue
closed the public hearing.
Director Tigue asked if there were any amendments to the minutes.
Director Hendler moved to approve Resolution R-03-54.
Director Skinner seconded the motion.
Ayes:
Nays:
Abstain:
Directors Ayers, Cole, Hendler, O'Brien, Skinner and Tigue
None
Director Cantrell
COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION MINUTES
SEPTEMBER 9, 2003
Director Tigue declared the motion carried.
PUBLIC HEARINGS:
2. READING AND PUBLIC HEARING - RESOLUTION R-03-55 - A Resolution
appointing a Colleyville Economic Development Corporation President and Vice
President
Director Tigue opened the public hearing and read Resolution R-03-55 in its entirety.
There was no one present wishing to speak concerning this item and Director Tigue
closed the public hearing.
Director Tigue called for nominations for President.
Director Cole nominated Director Mark Skinner for President.
Director Hendler nominated Director Jon Ayers.
There were no other nominations and Director Tigue called for the vote.
Director Skinner:
Director Ayers:
Directors Cole, Cantrell, Ayers, O'Brien, Skinner and Tigue
Director Hendler
Director Tigue declared Mark Skinner appointed President.
Director Tigue called for nominations for Vice-President.
Director Cole nominated Director Ginny Tigue.
Director Hendler nominated Director Jon Ayers.
There were no other nominations and Director Tigue called for the vote.
Director Tigue:
Director Ayers:
Directors Cole, Cantrell, Ayers, O'Brien, Skinner and Tigue
Director Hendler
Director Tigue declared Ginny Tigue appointed Vice President.
Director Hendler moved to approve Resolution R-03-55.
Director Cantrell seconded the motion.
2
COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION MINUTES
SEPTEMBER 9, 2003
Ayes: Directors Ayers, Cantrell, Cole, Hendler, O'Brien, Skinner and Tigue
Nays: None
Director Tigue declared the motion carried.
3. READING AND PUBLIC HEARING - RESOLUTION R-03-56 - A Resolution
adopting the Economic Development Capital Improvement Program (EDCIP) for
2004 - 2008
President Skinner opened the public hearing and read Resolution R-03-56 in its entirety.
There was no one present wishing to speak concerning this item and President Skinner
closed the public hearing.
Finance Director Terry Leake provided an overview of the Economic Development
Capital Improvement Program for 2004-2008.
Discussion ensued regarding the fund balance and potential park land purchases.
Director of Parks and Recreation Monica Walsh reviewed the current and future park
projects and potential park land sites.
City Manager Bill Lindley provided information related to 4A and 4B initiatives.
The Board requested that staff obtain a legal opinion regarding the scope of powers of
the Colleyville Economic Development Corporation.
Director Tigue moved to approved Resolution R-03-56.
Director O'Brien seconded the motion.
Ayes: Directors Ayers, Cantrell, Cole, Hendler, O'Brien, Tigue and Skinner
Nays: None
President Skinner declared the motion carried.
4. READING AND PUBLIC HEARING - RESOLUTION R-03-57 - A Resolution
adopting the Fiscal Year 2004 Budget
President Skinner opened the public hearing and read Resolution R-03-57 in its entirety.
3
COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION MINUTES
SEPTEMBER 9, 2003
There was no one present wishing to speak concerning this item and President Skinner
closed the public hearing.
Discussion ensued regarding construction elements of the McPherson Park Land plan
and criteria for grant funding.
Director Ayers moved to approve Resolution R-03-57.
Director O'Brien seconded the motion.
Ayes: Directors Ayers, Cantrell, Cole, Hendler, O'Brien, Tigue and Skinner
Nays: None
President Skinner declared the motion carried.
5. READING AND PUBLIC HEARING - RESOLUTION R-03-58 - A Resolution
approving the amendment of the Bylaws of the Colleyville Economic
Development Corporation
President Skinner opened the public hearing and read Resolution R-03-58 in its entirety.
There was no one present wishing to speak concerning this item and President Skinner
closed the public hearing.
Director Tigue moved to approve Resolution R-03-58.
Director Cole seconded the motion.
Ayes: Directors Ayers, Cantrell, Cole, Hendler, O'Brien, Tigue and Skinner
Nays: None
President Skinner declared the motion carried.
ACTION ITEMS:
6. READING AND PUBLIC HEARING - RESOLUTION R-03-59 - A Resolution
revising the Colleyville Economic Development Corporation Investment Policy
President Skinner opened the public hearing and read Resolution R-03-59 in its entirety.
4
COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION MINUTES
SEPTEMBER 9, 2003
There was no one present wishing to speak concerning this item and President Skinner
closed the public hearing.
Finance Director Terry Leake provided an overview of the CEDC Investment Policy and
proposed changes.
Director Cantrell moved to approve Resolution R-03-59.
Director Ayers seconded the motion.
Ayes: Directors Ayers, Cantrell, Cole, Hendler, O'Brien, Tigue and Skinner
Nays: None
President Skinner declared the motion carried.
REPORTS:
7. ANNUAL ACTIVITY REPORT
There was no action taken on this item.
8. ANNUAL INVESTMENT REPORT
There was no action taken on this item.
9. READING AND PUBLIC HEARING - RESOLUTION R-03-60 - A Resolution
ratifying Corporate Board action for the meeting of September 9,2003
This Resolution was not needed.
ADJOURNMENT:
10. ADJOURNMENT
There being no further business before the Board, Director Ayers moved to adjourn.
Director Hendler seconded the motion.
Ayes: Directors Ayers, Cantrell, Cole, Hendler, O'Brien, Tigue and Skinner
Nays: None
President Skinner declared the meeting adjourned at 8:20 p.m.
5
COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION MINUTES
SEPTEMBER 9, 2003
APPROVED THIS ot'JL~ DAY OF ~~ 2004, BY A VOTE OF
S AYES, 0 NAYS AND / ABSTENTIONS.
.
Minutes taken and prepared by:
Lh~~~
Cynthia Singleton, TRMC
City Secretary
6