Loading...
HomeMy WebLinkAbout10-30-06 Minutes-Special10-30-06 EDC Minutes-Special.doc 1 10-30-06 Right Where You Want to Be. MINUTES OF SPECIAL MEETING OF ANNA ECONOMIC DEVELOPMENT CORPORATION OCTOBER 30, 2006 6:00 P.M. INDEPENDENT BANK COMMUNITY ROOM, 101 S. POWELL PKWY., ANNA, TEXAS The Economic Development Corporation of the City of Anna conducted a special meeting at 6:00 p.m., Monday, October 30, 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 6:00 p.m. Present were Jeff Tate, Richard Pennington, John Rattan and Robert Hamilton. Jeremy Hersom was absent. 2. Citizen comment. None Entered into Executive Session at 6:02 p.m. 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). Return to open session. Returned to open session at 6:03 p.m. and moved to item 5 for discussion. 10-30-06 EDC Minutes-Special.doc 2 10-30-06 4. Discuss and take action as desired on items discussed in Executive Session. Richard Pennington made the motion to take no action. Jeff Tate seconded the motion. Motion passes. 5. Discuss and take action as desired on sale or lease of property for biodiesel production facilities. Cory Granger spoke to members about biodiesel (alternative fuel) production and having facilities in Anna. Mr. Granger stated that his partners and he had been looking at the Old Mill to start their business, but it fell through and they are now looking at sites to build a building. Mr. Granger answered questions from members on the production process; is rail needed; concerns of trucks, noise, odor, fires to residential subdivisions close to the property; and availability of utilities, road, etc. to the property. Vice-Chairman, John Rattan proposed that EDC would do some background checking on Bio-diesel industry and go to council to see if they can convince them to hear a presentation from Mr. Granger with visuals. Robert Hamilton made the motion to take no action. Jeff Tate seconded the motion. Motion passes. 6. Discuss and take action as desired regarding payment of part or all of impact fees for Anna Center, Ltd., or elements thereof. Nancy Underwood, owner of Anna Center, Ltd., Charles Hodges, developer and Steve Herbert, Brookshire’s representative were present and made a presentation to EDC Members on the project and ask for help in paying the impact fees. Mr. Hodges stated that he projected with the ½ cent sales EDC would get $40,000.00 to $45,000.00 back in sales tax each year and get their money back in 2- 3 years. Richard Pennington wanted to make sure that it was understood that this is a gift and not a loan. Brookshire’s would not be paying this back but the EDC would get the return back in sales tax. Robert Hamilton wanted clarification on the amount that actually was being asked of them to pay. Member Robert Hamilton made the motion EDC take on the Impact Fees for this development with the cap of $80,000.00 for the 13 acres only. Member Jeff Tate seconded the motion. Motion passes. 7. Discuss and take action as desired regarding funding process for staff support for Anna EDC. Lee Lawrence, City Manager stated that 25% of Barbara Hobden, Project Manager, salary would be coming from EDC. EDC would be invoiced each quarter to be paid from the sales tax revenue collected. 10-30-06 EDC Minutes-Special.doc 3 10-30-06 Richard Pennington made the motion to approve funding. Jeff Tate seconded the motion. Motion passes. Members went back into Executive Session at 7:02 p.m. Members back into Open Session at 7:10 p.m. 8. Discuss and take action regarding change(s) in meeting dates and/or time. Meetings used to be held at 6:00 p.m. and were changed to 7:00 p.m. when previous members could not make it at 6:00 p.m. Member Jeff Tate stated that 6:30 would work better for him. Meetings would still be the first Thursday of the month. Richard Pennington made the motion to change the meeting start time to 6:30 p.m.. Jeff Tate seconded the motion. Motion passes 9. Staff report(s). a. Board positions and appointments None 10. Consider approval of Minutes of meeting of October 5, 2006. Richard Pennington made the motion to approve the minutes. Jeff Tate seconded the motion. Motion passes. 11. Consider approval of financial report and payment of bills. Richard Pennington made the motion to approve the financial report. Robert Hamilton seconded the motion. Motion seconded. 12. Adjourn. Richard Pennington made the motion to adjourn at 7:31 p.m. Jeff Tate seconded the motion. Motion passes. ATTEST: APPROVED: _________________________ __________________________ Natha Wilkison, City Secretary Vice-Chairman, John Rattan