HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC)-Minutes-9/11/2001C~tY of
Texas
PUBLIC NOTICE
ON TUESDAY, SEPTEMBER 11, 2001, AT 5:30 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-01-44 -CONSENT
ITEMS:
a. Approval of minutes of the Colleyville Economic Development
Corporation Board of Directors meeting held September 26, 2000
b. Appointment of William H. "Bill" Lindley as General Manager and
Cynthia Singleton as Secretary of the Corporation
2. ELECTION OF OFFICERS
PUBLIC HEARINGS:
3. READING AND PUBLIC HEARING - RESOLUTION R-01-45 - A
Resolution adopting the Economic Development Capital Improvement
Program (EDCIP) for 2002 - 2006
4. READING AND PUBLIC HEARING - RESOLUTION R-01-46 - A
Resolution adopting the Fiscal Year 2002 Budget
5. READING AND PUBLIC HEARING - RESOLUTION R-01-47 - A
Resolution approving authorized depository account signatures
ACTION ITEMS:
6. DISCUSSION AND CONSIDERATION OF THE COLLEYVILLE
ECONOMIC DEVELOPMENT CORPORATION INVESTMENT POLICY
P.O. BOX 185 COLLEYVILLE, TEXAS 76034 (817) 577-7575
REPORTS:
7. ANNUAL ACTIVITY REPORT
8. ANNUAL INVESTMENT REPORT
9. READING AND PUBLIC HEARING - RESOLUTION R-01-48 - A
Resolution ratifying Corporate Board action for the meeting of September
11, 2001
ADJOURNMENT:
10. ADJOURNMENT
I certify that the above notice was posted on the Bulletin Board at City Hall on
September 7, 2 1, at.4:30 p.m.
y~~'~-
CG'
Cynthia Singleton RMC
City Secretary
MINUTES OF THE
COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS MEETING
SEPTEMBER 11, 2001
The meeting of the Colleyville Economic Development Corporation Board of Directors
was called to order by Vice-President Dana Feldman on September 11, 2001, at 5:35
p.m.
ROLL CALL: Directors Dana Feldman, Joe Hocutt, Donna O'Brien, Ginny Tigue,
Janice Cole, Donna Arp and Gary Cantrell were present. City
Manager Bill Lindley, Deputy City Manager Dianne McWethy,
Finance Director Terry Leake, Parks and Recreation Manager
Monica Sue Walsh and City Secretary Cynthia Singleton were also
present.
CONSENT:
1. CONSIDERATION OF CONSENT RESOLUTION R-01-44 -CONSENT ITEMS:
a. Approval of minutes of the Colleyville Economic Development Corporation
Board of Directors meeting held September 26, 2000
b. Appointment of William H. "Bill" Lindley as General Manager and Cynthia
Singleton as Secretary of the Corporation
Vice-President Feldman opened the public hearing and read Resolution R-01-44 in its
entirety.
There was no one present wishing to speak concerning this item and Vice-President
Feldman closed the public hearing.
Director Tigue moved to approve Resolution R-01-44.
Director Arp seconded the motion.
Ayes: Directors Tigue, Arp, Hocutt, Cantrell, Cole, O'Brien and Vice-President Feldman
Nays: None
CEDC MINUTES SEPTEMBER 11, 2001
2. ELECTION OF OFFICERS
Director Tigue nominated Director Hocutt as President of the Colleyville Economic
Development Board of Directors.
Director Cantrell seconded the nomination.
There were no other nominations made.
Director Hocutt -Directors Hocutt, Tigue, Arp, Cantrell, Cole, O'Brien and Feldman
Director Feldman declared Director Hocutt as President of the Colleyville Economic
Development Board of Directors
President Hocutt nominated Director Feldman as Vice President of the Colleyville
Economic Development Board of Directors.
Director Tigue seconded the motion.
President Hocutt declared Director Feldman as Vice President of the Colleyville
Economic Development Board of Directors.
PUBLIC HEARINGS:
3. READING AND PUBLIC HEARING -RESOLUTION R-01-45 - A Resolution
adopting the Economic Development Capital Improvement Program (EDCIP) for
2002 - 2006
President Hocutt opened the public hearing and read Resolution R-01-45 in its entirety.
There was no one present wishing to speak concerning this item and President Hocutt
closed the public hearing.
Finance Director Terry Leake reviewed the status of past and current projects funded by
CEDC and indicated that the major change for this fiscal year is a reduction of sales tax
projections.
Discussion ensued regarding opportunities, timing and funding sources for purchasing
property and the library budget.
Director Tigue moved to approve Resolution R-01-45.
Director Feldman seconded the motion.
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CEDC MINUTES
SEPTEMBER 11, 2001
Ayes: Directors Tigue, Arp, Cantrell, Cole, O'Brien, Feldman and President Hocutt
Nays: None
President Hocutt declared the motion carried.
4. READING AND PUBLIC HEARING -RESOLUTION R-01-46 - A Resolution
adopting the Fiscal Year 2002 Budget
President Hocutt opened the public hearing and read Resolution R-01-46 in its entirety.
There was no one present wishing to speak concerning this item and President Hocutt
closed the public hearing.
Finance Director Terry Leake presented an overview of the Fiscal 2002 budget.
Director Feldman moved to approve Resolution R-01-46.
Director Cantrell seconded the motion.
Ayes: Directors Tigue, Arp, Cantrell, Cole, O'Brien, Feldman and President Hocutt
Nays: None
President Hocutt declared the motion carried.
5. READING AND PUBLIC HEARING -RESOLUTION R-01-47 - A Resolution
approving authorized depository account signatures
President Hocutt opened the public hearing and read Resolution R-01-47 in its entirety.
There was no one present wishing to speak and President Hocutt closed the public
hearing.
Director Tigue moved to approve Resolution R-01-47.
Director Cole seconded the motion.
Ayes: Directors Tigue, Arp, Cantrell, Cole, O'Brien, Feldman and President Hocutt
Nays: None
President Hocutt declared the motion carried.
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CEDC MINUTES
SEPTEMBER 11, 2001
ACTION ITEMS:
6. DISCUSSION AND CONSIDERATION OF THE COLLEYVILLE ECONOMIC
DEVELOPMENT CORPORATION INVESTMENT POLICY
There was no action taken on this item.
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-01-48 - A Resolution
ratifying Corporate Board action for the meeting of September 11, 2001
This Resolution was not needed.
ADJOURNMENT:
10. ADJOURNMENT
There being no further business before the Board, Director Arp moved to adjourn.
Director Feldman seconded the motion.
Ayes: Directors Tigue, Arp, Cantrell, Cole, O'Brien, Feldman and President Hocutt
Nays: None
President Hocutt declared the meeting adjourned at 6:16 p.m.
APPROVED THIS /O ~ DAY OF -~`1°r~ m~~ 2002, BY A VOTE OF
S AYES, d NAYS, AND ~_ABSTENTIONS.
Minutes taken and prepared by:
c~~ ~
Cynthia Singleton
City Secretary
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