HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC)-Minutes-1/4/2000RESOLUTION R-00-33
A RESOLUTION APPROVING BOARD ACTION
UNDER CONSENT ITEMS AT THE COLLEYVILLE
ECONOMIC DEVELOPMENT CORPORATION
MEETING OF MARCH 21, 2000
WHEREAS, Board has taken action on certain items on the agenda under Consent Items,
NOW, THEREFORE, BE IT RESOLVED BY THE COLLEYVILLE ECONOMIC
DEVELOPMENT CORPORATION BOARD .OF DIRECTORS OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1: THAT the agenda decisions approved by the Economic Development
Corporation Board of Directors action under Consent Items as follows are
hereby adopted:
a. THAT the minutes of the Colleyville Economic Development Corporation
Board of Directors meeting of January 4, 2000, are hereby approved.
AND IT IS SO RESOLVED.
Pas d by a vate of ~ ayes, ~_ nays, and ~ abstentions on the zls~ day
of , 2000
ATTEST:
G~~~
Jea Harris, TRMC, CMC
Secretary
COLLEYVILLE ECONOMIC
DEV LOPM ORPORATION:
Nelso Thibodeaux
President
MINUTES OF THE
COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION BOARD OF DIRECTORS MEETING
JANUARY 4, 2000
The meeting of the Colleyville Economic Development Corporation Board of Directors was
called to order by President Nelson Thibodeaux on January 4, 2000, at 6:01 p.m.
ROLL CALL: Directors Ginny Tigue, Mike Taylor, Frank Carroll, Ron Adams, Gary
Cantrell, and Dennis Johnson were present. President Nelson Thibodeaux, General
Manager Bob Stripling, Financial Advisor Jim Sabonis, and Secretary Jean Harris were
also present.
CONSENT:
1. CONSIDERATION OF CONSENT RESOLUTION R-00-31- CONSENT ITEMS:
a. Approval of minutes of the Colleyville Economic Development Corporation
Board of Directors meeting held September 14, 1999
President Thibodeaux apened the public hearing and read Resolution R-00-31 in its
entirety.
There was no one present wishing to speak concerning this item and President
Thibodeaux closed the public hearing.
Director Carroll moved to approve Resolution R-00-31.
Director Tigue seconded the motion.
Ayes: Directors Tigue, Taylor, Carroll, Adams, Cantrell, and President Thibodeaux
Nays: Director Johnson
President Thibodeaux declared the motion carried.
CEDC MINUTES JANUARY 4, 2000
PUBLIC HEARINGS:
2. READING AND PUBLIC HEARING - RESOLUTION R-00-32 - A Resolution setting
a public hearing on the Colleyville Economic Development Corporation undertaking
a project; and approving and authorizing publication of notice of such public hearing
President Thibodeaux opened the public hearing and read Resolution R-00-32 in its
entirety.
There was no one present wishing to speak concerning this item and President
Thibodeaux closed the public hearing.
Director Taylor moved to approve Resolution R-00-32.
Director Carroll seconded the motion.
Discussion ensued regarding changing the date of the scheduled public hearing to March
28, proposed funding sources for the project, TIF financing, ownership of the property,
commitment for selling additional bonds, citizen survey results, Highway 26 improvements,
the CEDC budget, debt service and repayment schedule for the proposed bonds, a
possible need to raise ad valorem taxes, the responsibility of the CEDC regarding the
building of a City Hall, and completed project.
It was the consensus of the Board to hold the public hearing as scheduled on March 21,
2000.
The vote on the motion to approve Resolution R-00-32 was as follows:
Ayes: Directors Taylor, Carroll, Adams, and President Thibodeaux
Nays: Directors Tigue, Cantrell, and Johnson
President Thibodeaux declared the motion carried.
3. ADJOURNMENT
There being no further business before the Board, Director Carroll moved to adjourn.
Director Taylor seconded the motion.
CEDC MINUTES JANUARY 4, 2000
Ayes: Directors Tigue, Taylor, Carroll, Adams, Cantrell, Johnson, and President
Thibodeaux
Nays: None
President Thibodeaux declared the meeting adjourned at 6:30 p.m.
APPROVED THIS DAY OF , 2000, BY A VOTE OF
AYES, NAYS, AND ABSTENTIONS.
Minutes taken and prepared by:
Jean Harris, TRMC, CMC
Secretary