HomeMy WebLinkAbout10-05-06 Minutes EDCEDC Minutes 10-5-06.doc 1 10-05-06
Right Where You Want to Be.
MINUTES OF
REGULAR MEETING OF ANNA ECONOMIC DEVELOPMENT CORPORATION
OCTOBER 5, 2006 7:00 P.M.
INDEPENDENT BANK COMMUNITY ROOM, 101 S. POWELL PARKWAY, ANNA,
TEXAS
The Economic Development Corporation of the City of Anna conducted its regular
meeting at 7:00 p.m., Thursday, October 5, 2006, at the Independent Bank Community
Room, 101 S. Powell Parkway, to consider the following items:
1. Call to Order and Establishment of Quorum.
Vice-Chairman John Rattan called the meeting to order at 7:00 p.m. Members
present were Mr. Rattan, Mr. Robert Hamilton, Mr. Richard Pennington, and Mr. Jeff
Tate.
2. Citizen comment.
There were no citizen comments.
3. EXECUTIVE SESSION: Under terms of Chapter 551 of Texas Government
Code the board may enter into CLOSED SESSION or Executive Session to
deliberate regarding commercial or financial information that the
governmental body has received from a business prospect that the
governmental body seeks to have locate, stay, or expand in or near the
territory of the governmental body and with which the governmental body is
conducting economic development negotiations or to deliberate the purchase,
exchange, lease or value of real property because such deliberations in an
open meeting would have a detrimental effect on the board’s position in
negotiations with third persons (Government Code, Chapters 551.072,
551.087).
Did not go into executive session.
4. Discuss and take action as desired on items discussed in Executive Session.
5. Discuss and take action on approval of the budget for Fiscal Year 2006-
2007.
EDC Minutes 10-5-06.doc 2 10-05-06
City Manager Lee Lawrence reviewed the budget and answered questions from
members. Mr. Hamilton made the motion to approve the budget. Mr. Pennington
seconded the motion. Vice-Chairman John Rattan brought up that it was hard to
envision $14,062.50 budgeted for the person to spend time on EDC items, he could
see the person spending a lot more time on other items in the city. Mr. Lawrence
explained that the person would be attending their meetings and they should ask the
person what they have done for the EDC. Motion passed unanimously.
6. Staff report(s).
None
7. Consider approval of Minutes of meeting of September 7, 2006.
Robert Hamilton made the motion to approve. Richard Pennington seconded the
motion. Motion unanimously.
8. Consider approval of payment of bills.
No bills to approve.
9. Adjourn.
Robert Hamilton made the motion to adjourn at 8:15 p.m. Mr. Tate seconded the
motion. Motion passed unanimously.
ATTEST: APPROVED:
_________________________ ___________________________
Natha Wilkison, City Secretary Vice-Chairman, John Rattan