HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC)-Minutes-08/19/2025City of Colleyville Page 1
CITY OF COLLEYVILLE
COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION BOARD MINUTES
100 Main Street, Colleyville, Texas, 76034
Executive Conference Room - Third Floor
TUESDAY, AUGUST 19, 2025 - 5:00 PM
President Lindamood called the Colleyville Economic Development Corporation
Board meeting to order on August 19, 2025, at 5:00 p.m.
ROLL CALL: President Bobby Lindamood, and Directors George Dodson, Brandi
Elder, Kimberly Holt Gunderson, Ralph Hunkins, Scotty Richardson, and John
Terhoeve.
ABSENT: Director Ralph Hunkins
2. CONSENT: READING AND PUBLIC HEARING - RESOLUTION R-25-174
2a Approval of the minutes of the Colleyville Economic Development
Corporation Board of Directors meeting of August 20, 2024
2b Approval of the minutes of the Colleyville Economic Development
Corporation Board of Directors Worksession meeting of August 5, 2025
President Lindamood read Resolution R-25-174 in its entirety.
There was no discussion.
President Lindamood opened and closed the public hearing without any speakers.
Director Dodson made a motion to approve Resolution R-25-174,
seconded by Director Richardson.
The motion was approved by the following vote:
Ayes: 6 – President Bobby Lindamood, and Directors George Dodson,
Brandi Elder, Kimberly Holt Gunderson, Scotty Richardson, and John
Terhoeve.
Absent: 1 – Director Ralph Hunkins
CEDC Minutes August 19, 2025
City of Colleyville Page 2
3. RESOLUTION(S): READING AND PUBLIC HEARING
3a Resolution R-25-175
Adopting the Economic Development Capital Improvement Program
(EDCIP) for the Fiscal Years 2026-2030 of the Colleyville Economic
Development Corporation
President Lindamood read Resolution R-25-175 in its entirety.
Finance Director Cassie Smith reviewed the EDCIP for 2026-2030.
There was general discussion of the security cameras in City parks. Director
Richardson stated he approves of the projects in the EDCIP, noting specifically the
parking awnings for Parks vehicles, the wallpaper in the library and City Hall, park
signage, and Rec Center.
President Lindamood opened and closed the public hearing without any speakers.
Director Elder made a motion to approve Resolution R-25-175, seconded
by Director Holt Gunderson.
The motion was approved by the following vote:
Ayes: 6 – President Bobby Lindamood, and Directors George Dodson,
Brandi Elder, Kimberly Holt Gunderson, Scotty Richardson, and John
Terhoeve.
Absent: 1 – Director Ralph Hunkins
3b Resolution R-25-176
Adopting the Fiscal Year 2026 Budget
President Lindamood read Resolution R-25-176 in its entirety.
Finance Director Cassie Smith reviewed the FY26 budget.
City Manager Jerry Ducay highlighted the increases in the FY26 budget over FY25
budget were a modest increase for salaries, library programs, and other minor
inflationary costs.
There was general discussion of the projected surplus and years of cost savings on
projects.
President Lindamood opened and closed the public hearing without any speakers.
CEDC Minutes August 19, 2025
City of Colleyville Page 3
Director Dodson made a motion to approve Resolution R-25-176,
seconded by Director Richardson.
The motion was approved by the following vote:
Ayes: 6 – President Bobby Lindamood, and Directors George Dodson,
Brandi Elder, Kimberly Holt Gunderson, Scotty Richardson, and John
Terhoeve.
Absent: 1 – Director Ralph Hunkins
4. ADJOURNMENT
There being no further business, President Lindamood adjourned the Board
Meeting at 5:18 p.m.
Minutes taken and prepared by:
Christine Loven, TRMC
City Secretary