HomeMy WebLinkAbout04-17-07 CDC Minutes.docMINUTES OF
ANNA COMMUNITY DEVELOPMENT CORPORATION
April 17, 2007 5:00 PM
The Community Development Corporation of the City of Anna will meet at 5:00 p.m., Tuesday, April 17, 2007, at the Community Room of the Texas Star Bank, 402 W. White, Anna, Texas, to
consider the following items:
1. Call to Order.
President David Crim called the meeting to order at 5:15 p.m.
2. Roll Call and Establishment of Quorum.
President David Crim and members Duane Hayes, Joel Foltz, Joe Finley, Joe Murphy were present. Members Jon Hendricks and Susan Barnes were absent.
3. Discussion of the purchase of future Park Land Sites.
President Crim has not got all the information and is still working on the spot out by the lake. David would like to check on another location, Reid Barton’s place that is up for sale.
It was suggested to approach developers to sell their flood plain land at a reduced price for park development.
4. Discussion regarding putting an incentive package together for future commercial developers.
President Crim explained city council’s wishes to put together an incentive package to help entice businesses to locate to Anna. David thoughts were for putting some kind a grant program
together such as paying for their lease for six (6) months or so. Joe Murphy suggested that major businesses would want tax breaks. It was also suggested a business would have to be
generating sales tax revenue in order to get tax breaks.
5. Staff report(s) and discussion of other issues, including suggestions for future agenda items.
a. Special Joint Meeting with City Council, EDC and CDC
b. Financial report.
c. Future agenda items
Duane Hayes – Treasurer – gave the financial report. The current balance is $445,136.16. The CDC has committed to approximately $100,000.00 but pay outs have not been made yet.
Members discussed having items 3 and 4 on the next agenda.
6. Consider approval of minutes of meeting of January 16, 2007.
Minutes were not available and will be available at the next meeting.
7. Adjourn.
President David Crim made the motion to adjourn at 6:06 p.m. Joe Murphy seconded the motion. Motion passes.
ATTEST: APPROVED:
________________________ _____________________________
Natha Wilkison, City Secretary President, David Crim