HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC)-Minutes-4/15/2008='~ry~ City of Colleyville
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Colleyville Economic Development
Corporation Board
100 Main Street
Colleyville, Texas 76034
(817) 503-1000
www.colleyville.com
Tuesday, September 4, 2007 5:30 PM City Council Chambers
1. CALL TO ORDER
2. CONSENT: READING AND PUBLIC HEARING -Resolution R-07-92
2a Approval of the minutes of the Colleyville Economic Development
Corporation Board of Directors' meeting held August 22, 2006
2b Approval of the minutes of the Colleyville Economic Development
Corporation Board of Directors' meeting held August 28, 2007
2c Approval of the Annual Review of the Corporation's Investment Policy
2d Approval of a Pledge Agreement with the Federal Reserve Bank for
bank depository account collateral
3. RESOLUTIONS(S):
READING AND PUBLIC HEARING
3a R-07-93 Appointing a Colleyville Economic Development Corporation (CEDC)
President and Vice President
3b R-07-94 Adopting the Economic Development Capital Improvement Program
(EDCIP) for FY 2008-2012
3c R-07-95 Adopting the Fiscal Year 2008 Budget
3d R-07-96 Approval of authorized depository signatures
REPORT(S):
4a Annual Activity Report
4b Annual Investment Report
5. ADJOURNMENT
I hereby certify the above agenda was posted on the bulletin boards at City Hall on Friday,
August 31, 2007, by 5:00 p.m.
City of Colleyville Page 1 Printed on 8/30/2007
Colleyville Economic Development Agenda September 4, 2007
Corporation Board
Cynthia Singleton, TRMC, CMC
City Secretary
Any matter on this agenda may, at the discretion of the governing body, be opened for public
comment and discussion.
City of Colleyville Page 2 Printed on 8/30/2007
~.,,, . ~„ 100 Main Street
City of Colleyville Colleyville, Texas 76034
~ (817) 503-1000
Minutes www.colleyville.com
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Colleyville Economic Development
Corporation Board
Tuesday, September 4, 2007 5:30 PM City Council Chambers
The meeting of the Colleyville Economic Development Corporation
Board of Directors was called to order by President Jon Ayers on
September 4, 2007, at 5:30 p.m.
ROLL CALL: Directors John Terhoeve, Tom Hart, Rich Hendler,
David Kelly and James Spriggs. President Jon Ayers, General
Manager Bill Lindley, Assistant City Manager Kelly Cooper, Finance
Manager Terry Leake Economic Development Manager Scott
Welmaker, Community Development and Business Strategies
Director Chris Fuller, Parks and Recreation Director Monica Walsh
and Secretary Cynthia Singleton were also present.
Director John Gray arrived at 5:43 p.m.
2. CONSENT: READING AND PUBLIC HEARING -Resolution R-07-92
2a Approval of the minutes of the Colleyville Economic Development
Corporation Board of Directors' meeting held August 22, 2006
2b Approval of the minutes of the Colleyville Economic Development
Corporation Board of Directors' meeting held August 28, 2007
2c Approval of the Annual Review of the Corporation's Investment Policy
2d Approval of a Pledge Agreement with the Federal Reserve Bank for bank
depository account collateral
President Ayers read Resolution R-07-92 in its entirety.
President Ayers opened the public hearing.
There was no one present wishing to speak concerning this item and
President Ayers closed the public hearing.
Director Hendler moved to approve Resolution R-07-92.
Director Hart seconded the motion.
City of Colleyville Page 1 Printed on 5/15/2008
Colleyville Economic Development Minutes September 4, 2007
Corporation Board
The motion carried by the following vote:
Aye: 6 -Jon Ayers, John Terhoeve, Tom Hart, Rich Hendler, David
Kelly, James Spriggs
Absent: 1 -John Gray
3. RESOLUTIONS(S):
READING AND PUBLIC HEARING
3a R-07-93 Appointing a Colleyville Economic Development Corporation (CEDC)
President and Vice President
President Ayers read Resolution R-07-93 in its entirety.
President Ayers opened the public hearing.
There was no one present wishing to speak concerning this item and
President Ayers closed the public hearing.
President Ayers opened the floor for nominations.
Director Hart nominated Director Kelly for President of the Colleyville
Economic Development Corporation Board of Directors.
Director Hendler nominated Director Hart for Vice President of the
Colleyville Economic Development Corporation Board of Directors.
There were no other nominations.
Director Hart moved to approve Resolution R-07-93, appointing Director
Kelly as President and Director Hart as Vice President of the CEDC.
Director Hendler seconded the motion.
The motion carried by the following vote:
Aye: 6 -Jon Ayers, John Terhoeve, Tom Hart, Rich Hendler, David
Kelly, James Spriggs
Absent: 1 -John Gray
3b R-07-94 Adopting the Economic Development Capital Improvement Program
(EDCIP) for FY 2008-2012
President Ayers read Resolution R-07-94 in its entirety.
City of Colleyville Page 2 Printed on 5/15/2008
Colleyville Economic Development Minutes September 4, 2007
Corporation Board
Finance Manager Terry Leake provided an overview of the Economic
Development Capital Improvement Program.
Parks and Recreation Director Monica Walsh provided a summary of
current and future park projects, including cost estimates and priorities
recommended by the Parks and Recreation Advisory Board and
answered questions of the Board of Directors.
Economic Development Manager Scott Welmaker provided an overview
of the expenditures related to economic development and answered
questions of the Board of Directors.
President Ayers opened the public hearing.
There was no one present wishing to speak concerning this item and
President Ayers closed the public hearing.
Director Kelly moved to approve Resolution R-07-94.
Director Hart seconded the motion.
The motion carried by the following vote:
Aye: 7 -Jon Ayers, John Terhoeve, John Gray, Tom Hart, Rich
Hendler, David Kelly, James Spriggs
3c R-07-95 Adopting the Fiscal Year 2008 Budget
President Ayers read Resolution R-07-95 in its entirety.
Finance Manager Terry Leake was present to answer questions of the
Board of Directors.
President Ayers opened the public hearing.
There was no one present wishing to speak concerning this item and
President Ayers closed the public hearing.
Director Kelly moved to approve Resolution R-07-95.
Director Terhoeve seconded the motion.
The motion carried by the following vote:
Aye: 7 -Jon Ayers, John Terhoeve, John Gray, Tom Hart, Rich
Hendler, David Kelly, James Spriggs
City of Colleyville Page 3 Printed on 5/15/2008
Colleyville Economic Development Minutes September 4, 2007
Corporation Board
3d R-07-96 Approval of authorized depository signatures
President Ayers read Resolution R-07-96 in its entirety.
President Ayers opened the public hearing.
There was no one present wishing to speak concerning this item and
President Ayers closed the public hearing.
Director Kelly moved to approve Resolution R-07-96.
Director Hendler seconded the motion.
The motion carried by the following vote:
Aye: 7 -Jon Ayers, John Terhoeve, John Gray, Tom Hart, Rich
Hendler, David Kelly, James Spriggs
REPORT(S):
4a Annual Activity Report
Finance Manager Terry Leake provided an overview of the Annual
Activity Report.
4b Annual Investment Report
Finance Manager Terry Leake provided an overview of the Annual
Investment Report and answered questions of the Board.
5. ADJOURNMENT
There being no further business before the CEDC, Director Kelly moved
to adjourn. Director Hart seconded the motion.
The motion carried by the following vote:
Aye: 7 -Jon Ayers, John Terhoeve, John Gray, Tom Hart, Rich
Hendler, David Kelly, James Spriggs
President Ayers declared the meeting adjourned at 5:57 p.m.
City of Colleyville Page 4 Printed on 5/15/2008
Colleyville Economic Development Minutes September 4, 2007
Corporation Board
APPROVED BY A VOTE OF AYES, NAYS AND ~_
ABSTENTIONS ON THIS THE ~ DAY OF 2008.
Minutes taken and prepare by:
f ~
Cynthia Singleton
Secretary
City of Colleyville Page 5 Printed on 5/15/2008