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HomeMy WebLinkAboutCDCpkt2010-10-14ry October 14, 2010 Meeting Packet R. AGENDA REGULAR MEETING OF ANNA COMMUNITY DEVELOPMENT CORPORATION st October 14 2010 at 4:00 P.m.' COMMUNITY ANNA CITY HALL ADMINISTRATION BUILDING, DEVELOPMENT111 N. POWELL PKWY., ANNA, TEXAS The Anna Community Development Corporation will conduct its regular meeting at 4:00 p.m.' on October 14, 2010, at the Anna City Hall Administration Building, 111 N. Powell Parkway, to consider the following items: 1. Call to Order. 1 . qq 2. Roll Call and Est_lablishment of Quorum. G /e1 3. Invocation and Pledge. g' 11 C I I I,^a, �t 4. Citizen Comments. Citizens are allowed 3 minutes to speak. The Board of Directors is unable to respond to or discuss any issues that are brought up during this section that are not on the agenda, other than to make statements of specific factual information in response to a citizen's inquiry or to recite existing policy in response to the inquiry. Discussion of a loan request from Aaron Towner. vl-�J Gt jam, i4e4� A& 6. Discussion regarding agreement with Bloomfield Homes.,/ d • 07Consider/Discuss/Action regarding loan terms for Image Vision Labs. 8. Consider/Discuss/Action regarding funding for a portion of a gazebo for Natural no( Springs Park. 9. CLOSED SESIN (exceptions): a. Deliberate regarding the purchase, exchange, lease or vafu� real property. (Tex. Gov't Code §551.072); b. Consult with legal counsel on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov't Code §551.071); c. Discuss or deliberate Economic Development Negotiations: ' ADDITIONAL NOTICE REGARDING MEETING TIME: In the event that the Anna Economic Development Corporation meets at the same time and place scheduled for this meeting, then this meeting will be delayed and will begin immediately after the conclusion of the meeting of the Anna Economic Development Corporation. IMPORTANT LEGAL NOTICE: The Corporation may vote and/or act upon each of the items listed in this agenda. The Corporation reserves the right to retire into executive session conceming any of the items listed on this agenda, whenever it is considered necessary and legally justified under the Open Meetings Act. Disabled persons who want to attend this meeting and who may need assistance should contact the City Secretary at 972-924-3325 two working days prior to the meeting so that appropriate arrangements can be made. S� v (1) To discuss or deliberate regarding commercial or financial information that the Board of Directors has received from a business prospect that the Board of Directors seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the Board is conducting economic development negotiations; or (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov't Code §551.087)i-aad- 10. Consider/Discuss/Action regarding a contractual sponsorship request with GACC for the FY 2010-2011. 11. Review of bills and fiscal year 2009-10 budget. I.) the No AlMh� 12. Consider/Discuss/Action regarding approving the August 5, 2010 minutes and the special meeting minutes from September 7, 2�0"1�°0. 13. Adjourn. }_,, �� w�� V This is to certify that I, Jessica Perkins, Assistant to the City Manager, posted this agenda at a place readily accessible to the public at the Anna City Hall and on the City Hall bulletin board at or before 4:00 p.m., October 11, 2010. �/ *s soa Perki Assistant to the City Manager IMPORTANT LEGAL NOTICE: The Corporation may vote and/or act upon each of the hems listed in this agenda. The Corporation reserves the right to retire into executive session concerning any of the hems listed on this agenda, whenever it is considered necessary and legally justified under the Open Meetings Act. Disabled persons who want to attend this meeting and who may need assistance should contact the City Secretary at 972-924-3325 two working days prior to the meeting so that appropriate arrangements can be made. COMMUNITY DEVELOPMENT CORPORATION Meeting: October 14, 2010 Budgeted Amount: N/A Item No. I Anna Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Call to Order SUMMARY: Staff Contact: Jessica Perkins Exhibits: Yes X No COMMUNITY DEVELOPMENT CORPORATION Meeting: October 14, 2010 Budgeted Amount: N/A Item No. 2 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: Yes X No AGENDA SUBJECT: Roll Call and Establishment of Quorum. SUMMARY: STAFF RECOMMENDATION: COMMUNITY DEVELOPMENT CORPORATION Meeting: October 14, 2010 Budgeted Amount: N/A Item No. 3 Anna Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Innovation and Pledge. SUMMARY: STAFF RECOMMENDATION: Staff Contact: Jessica Perkins Exhibits: _ Yes X No DEVELOPMENT CORPORATION Item No. 4 E 11 e Community Development Corporation Agenda Staff Report Meeting: October 14, 2010 Staff Contact: Jessica Perkins Budgeted Amount: N/A Exhibits: —Yes X No AGENDA SUBJECT: Citizen Comments. Citizens are allowed 3 minutes to speak. The Board of Directors is unable to respond to or discuss any issues that are brought up during this section that are not on the agenda, other than to make statements of specific factual information in response to a citizen's inquiry or to recite existing policy in response to the inquiry. SUMMARY: STAFF RECOMMENDATION: Meeting: October 14, 2010 .Item No. 5 Anna Community Development Corporation Agenda Staff Report Budgeted Amount: reserve funds Staff Contact: Jessica Perkins Exhibits: Yes X No AGENDA SUBJECT: Discussion of a loan request from Aaron Towner. SUMMARY: Aaron Towner is the owner of The Pit Stop. Aaron has expressed interest in expanding his facility, adding employees, and adding services. Aaron leases the property from Mr. Roper. Due to the expansion of FM 455 Mr. Roper is waiting until he is able to sell the ROW needed to TxDOT before he will allow any changes to the property. Therefore, this has limited Aaron's ability to expand his business. In the meantime, he would like to add equipment. He is looking for a low interest loan in the amount of $30,000 to purchase equipment. STAFF RECOMMENDATION: n/a COMMUNITY DEVELOPMENT CORPORATION Meeting: October 14, 2010 Item No. 6 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Budgeted Amount: n/a Exhibits: Yes _X—No AGENDA SUBJECT: Discussion regarding agreement with Bloomfield Homes. SUMMARY: Bloomfield Homes approached the city of Anna about locating an office in Anna for their company so that they could have one location from which to purchase supplies neectfor home construction. In exchange for locating in Anna and adding to our sales tax base, Bloomfield Home asked for a sales tax rebate. The city of Anna recently entered into an agreement with Bloomfield Homes to rebate back I% of their sales tax revenue. The remaining sales tax revenue generated will benefit the EDC and CDC. S�AJ'F RECOMMENDATION: n/a COMMUNITY DEVELOPMENT CORPORATION Meeting: October 14, 2010 Budgeted Amount: n/a Item No. 7 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: _ _Yes )(No AGENDA SUBJECT: Consider/Discuss/Action regarding loan terms for Image Vision Labs. SUMMARY: IVL has submitted a request for a 99,900 loan from the RLF grant the CDC received. The loan subcommittee met one time and approved their application and proposed terms of the loan. IVL has requested different terms for the loan. Due to hectic schedules I have been unable to set up another meeting with the loan subcommittee and IVL. Staff would like direction form the CDC board to pass on to the loan subcommittee and IVL so we can complete the loan as quickly as possible. STAFF RECOMMENDATION: n/a COMMLI,II DEVELOPME14T CORPORATION Meeting: October 14, 2010 Budgeted Amount: Item No. 8 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: X Yes No AGENDA SUBJECT: Consider/Discuss/Action regarding funding for a portion of a gazebo for Natural Springs Park SUMMARY: Staff was contacted by a boy scout who wants to build a gazebo at NSP. The boy scout is unable to build the concrete foundation needed for the gazebo. The city is requesting that the CDC assist in paying for the foundation for the gazebo. This will be a nice feature to have at the park and would be a very expense to purchase out right. STAFF RECOMMENDATION: Staff recommends considering the request. -CONTRACTORS 5 INVOICE WORK PERFORMED AT: ^Y'Al 5 �g£s mfr �rn� 3 1 =�T 6X0 11 r C L? r N All Material is guaranteed to be as specified, and the above work was performed in accordance with the drawings and specifications p _% p provided for the above work, and was comp eted In a su stantial wor anlike manner for the agreed sum of ♦�, / ova � �W l f?d�l �N I%A" 42��� Dollars This Is a ❑ Partial Full invoice due and payable by: SONG'i /O/ Month Day .Year In accordance with our Agreement ❑ Proposal No. Dated Month Day Year ap Tc8122 CONTRACTORS INVOICE Item No. 9 Anna Community Development Corporation Agenda Staff Report Meeting: October 14, 2010 Staff Contact: Jessica Perkins Budgeted Amount: Exhibits: _ Yes X_ No AGENDA SUBJECT: CLOSED SESSION (exceptions): a. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov't Code §551.072); b. Consult with legal counsel on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov't Code §551.071); and, c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the Board of Directors has received from a business prospect that the Board of Directors seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the Board is conducting economic development negotiations; or (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov't Code §551.087). STAFF RECOMMENDATION: n/a CORPORATION Meeting: October 14, 2010 Budgeted Amount: Item No. 10 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: X Yes No AGENDA SUBJECT: Consider/Discuss/Action regarding a contractual sponsorship request with the GACC for the FY 2010-2011 SUMMARY: The GACC approached the city and the Chief Administrative Officer for the CDC about a yearly contractual sponsorship instead of sponsoring individual events. The GACC brought some information to the last meeting that outlined what the agreement would look like and what the CDC would receive in return for their sponsorship. STAFF RECOMMENDATION: Staff recommends considering the request. A one time a year, sponsorship would allow for easier budgeting. AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 THIS AGREEMENT FOR SPONSORSHIP COMMITMENT (this "Agreement') is made by and between the Anna Community Development Corporation ("CDC'), and the Greater Anna Chamber of Commerce, Inc. ("GACC") and entered into on this day of , 20. Section 1. Summary The CDC hereby promises to make certain payments to the GACC to sponsor certain GACC events that GACC promises will promote the CDC and the growth and the development of the City. The amount of each payment is specified under this Agreement for each corresponding GACC event. Each payment is to be provided to the GACC prior to each event, but is contingent upon GACC providing a letter of intent to organize and hold the corresponding event and meet the corresponding benchmarks set forth herein, as well as to adequately promote the CDC and the City. Section 2. Definitions For purposes of this Agreement, the following meanings shall apply: (a) City shall mean the City of Anna, Texas. (b) �C shall mean the Anna Economic Development Corporation, a Texas nonprofit corporation. (c) GACC shall mean the Greater Anna Chamber of Commerce, Inc., a Texas nonprofit corporation. (d) Sponsor shall mean a person or corporation that pays or provides something of value to the GACC in connection with a GACC event in exchange for GACC providing promotional marketing or any other benefits associated with the GACC event. (e) Sponsorship Benefits shall mean at least that amount of sponsorship designation, advertising in print and broadcast media, marketing materials and opportunities, onsite and offsite signage and marketing, public relations benefits and all other benef4,S,'listed in this Agreement and/or otherwise available that would promote the l!bC to an extent equal to or greater than any other Sponsor of the GACC vent in question. In other words, Sponsorship Benefits shall provide the VOC with at least "equal billing" compared with any other Sponsor and shall provide the highest level of promotional or other benefits made avail le or provided to any other Sponsor, regardless of the amounts paid by theDC as compared with other Sponsor Designation includes and shall mean: AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 1 OF 9 C (1) the ODC shall be named as a Sponsor of the GACC event, that the EDC may use the same designation in all GACC-approved advertising, merchandising and promotions; and (2) the �DC shall have first right of refusal as a Sponsor of any subsequent events arising out of any of the GACC events in future years. Section 3. General Requirements 3.01 Letter of Intent The GACC agrees to provide to the CDC a letter of intent prior to each event and payment to GACC of any CDC funds for such event. The letter of intent will be drafted on a standard form attached as "Exhibit A", and incorporated herein as if set forth in full. The letter of intent shall include a promise by the GACC to organize and hold the specific event setting forth its purpose and goals including the benchmark provisions set forth in this Agreement and shall constitute further binding contractual responsibilities of the GACC to attain those benchmarks and adequately promote the CDC. 3.02 Sponsorship Benefits The GACC agrees to furnish all materials, equipment, tools and other items necessary to provide Sponsorship Benefits to the CDC, and, in addition, all Sponsor Designations, advertising in print and broadcast media, marketing materials and opportunities, onsite and offsite signage and marketing, and all other public relations and promotional benefits as further described in this Agreement under each specific event. Advertising in print and broadcast media includes the CDC's identification as Sponsor on all print advertising secured promoting the GACC event. All such advertising shall reference the CDC as: The City of Anna Community Development Corporation. Marketing materials and opportunities, onsite signage and marketing, and public relations benefits will be provided for under each specific event in this Agreement. Section 4. GACC Events The GACC and CDC anticipate CDC sponsorship of the following events and provides specific terms of compensation, Sponsorship Benefits, goals and benchmarks to gauge promotional impact: AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 2 OF 9 4.01 (List Specific Event) Name/Purpose: Date, Time, Location of Event: Deadline for GACC to provide Letter of Intent to CDC: Compensation amount: Due Date of Payment: Sponsorship Obligations of GACC in addition to Sponsorship Benefits: Promotional Benchmark Requirements: 4.02 (List Specific Event) Name/Purpose: Date, Time, Location of Event: Deadline for GACC to provide Letter of Intent to CDC: Compensation amount: Due Date of Payment: Sponsorship Obligations of GACC in addition to Sponsorship Benefits: AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 3 OF 9 Promotional Benchmark Requirements: 4.03 (List Specific Event) Name/Purpose: Date, Time, Location of Event: Deadline for GACC to provide Letter of Intent to CDC: Compensation amount: Due Date of Payment: Sponsorship Obligations of GACC in addition to Sponsorship Benefits: Promotional Benchmark Requirements: 4.04 (List Specific Event) Name/Purpose: Date, Time, Location of Event: Deadline for GACC to provide Letter of Intent to CDC: Compensation amount: AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 4 OF 9 Due Date of Payment: Sponsorship Obligations of GACC in addition to Sponsorship Benefits: Promotional Benchmark Requirements: Section 5. Compensation In consideration of the performance of the duties and services including the Sponsorship Benefits described herein, the CDC agrees to pay the GACC the compensation amounts set forth in Section 4 of this Agreement; provided, however, that in order for the CDC to be obligated to make any such payment as to any given event, the GACC must first provide the CDC with a Letter of Intent—signed by a GACC representative authorized to contractually bind the GACC—as described in this Agreement and submit same to the CDC before the applicable deadline set forth in Section 4 of this Agreement. Once the funds have been paid by the CDC, the GACC shall provide the CDC with a written receipt of payment. Section 6. Licenses and Permits The GACC shall obtain and pay for any and all permits, licenses, disposal fees, or any other costs required for any of the GACC events and to fulfill this Agreement. The GACC shall take all reasonable steps necessary to ensure that all state, federal, and local permitting and licensing requirements are met at all times during all GACC events. The GACC must comply with all federal and state laws, and local ordinances while organizing and participating in the GACC events. Section 7. Independent Contractor Status/ Liability/ Indemnity It is expressly understood and agreed that the CDC has no right of control, supervision, or direction over any work performed by the GACC relating in any way to the GACC's undertaking of any of its events (the "Work"), including but not limited to its employees, agents, contractors, or its subcontractors, nor does the CDC have any AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 5 OF 9 control, supervision or direction of the means, methods, sequences, procedures, and techniques utilized to complete any the Work. There shall be no joint control over the Work. The GACC agrees to fully defend, indemnify and hold harmless the CDC from any claim, proceeding, cause of action, judgment, penalty, or any other cost or expense arising or growing out of, associated or in connection with the Work. The indemnification includes, but is not limited to, attorney fees incurred by the CDC in defending itself or in enforcing this Agreement. By entering into this Agreement, GACC waives all rights and remedies in law or in equity except to seek enforcement of specific performance, without any right to reimbursement of costs or attorney fees, of the obligations under this Agreement. This provision is not intended to and does not waive any of the CDC's governmental immunities, including immunity from suit and liability. Section 8. Insurance GACC shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property, which may arise from or in conjunction with the performance of the Work or in any way related to the GACC's undertakings performed in connection with the GACC events, including but not limited to coverage for GACC, its agents, representatives, employees, contractors, or subcontractors. The form and limits of such insurance, together with the underwriter thereof in each case, must be acceptable to the CDC but regardless of such acceptance it shall be the responsibility of the GACC to maintain adequate insurance coverage at all times. Failure of the GACC to maintain adequate coverage shall not relieve the GACC of any contractual responsibility or obligation. Each policy shall provide that there will be no alteration or modification which reduces coverage in any way prior to 30 days written notice being given to the CDC. A copy of each policy, or at the CDC's discretion, a certificate of insurance, shall be filed with the CDC Secretary. Section 9. Default 9.01 Events of Default The occurrence, at any time during the term of the Agreement, of any one or more of the following events, shall constitute an Event of Default under this Agreement: (a) the failure of GACC to timely provide the CDC with a properly executed Letter of Intent in accordance with the terms of this Agreement prior to each event; (b) the failure of the GACC event to occur on the anticipated date; (c) the failure of GACC to provide the CDC with all Sponsorship Benefits enumerated in this Agreement for each event; (d) the failure of GACC to meet each promotional benchmark requirement; AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 6 OF 9 (e) the failure of the CDC to pay the GACC according to the compensation terms of each event when such payment may become due; and, (f) the CDC's or GACC's breach or violation of any of the material terms, covenants, representations or warranties contained herein or GACC's failure to perform any material obligation contained herein. 9.02 Uncured Events of Default Upon the occurrence of an Event of Default by CDC that can be cured by the immediate payment of money to GACC, CDC shall have 10 calendar days from receipt of written notice from GACC of an occurrence of such Event of Default to cure same before GACC may exercise any of its remedies as set forth in this Agreement. Upon the occurrence of an Event of Default by GACC that does not include the failure to abide by a deadline, it shall have 10 calendar days from receipt of written notice from CDC of an occurrence of such Event of Default to cure same, or, if same cannot be effectively cured with 10 calendar days and fully and effectively provide CDC with the Sponsorship Benefits, the default may be cured by refunding CDC's entire sponsorship fee, unless such Event of Default creates or contributes to an emergency situation in which injury to persons or property reasonably appears imminent, in which case CDC is immediately entitled to exercise or seek all rights available to it at law or in equity. Section 10. Amendment; Termination This Agreement may not be amended except pursuant to a written instrument signed by both parties. This Agreement shall terminate once both parties shall have completed performance of their respective obligations hereunder. Section 11. Notice Notice as required by this Agreement shall be in writing delivered to the parties via postage prepaid, U.S. certified mail, return receipt requested, at the addresses listed below: CDC GACC CDC President GACC President Anna Community Development Corporation Greater Anna Chamber of Commerce 101 N. Powell Parkway P.O. Box 1256 Anna, Texas 75409 Anna, Texas 75409 Each party shall notify the other in writing within 10 days of any change in the address information listed in this section. AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 7 OF 9 Section 12. No Waiver of Immunity Nothing in this Agreement waives any governmental immunity available to the CDC under Texas law. The provisions of this paragraph are solely for the benefit of the parties hereto and are not intended to create or grant any rights, contractual or otherwise, to any other person or entity. Section 13. Entire Agreement This Agreement represents the entire and integrated Agreement between CDC and GACC and supersedes all prior negotiations, representations and/or agreements, either written or oral. This Agreement may be amended only by written instrument signed by both parties. Section 14. Governing Law and Venue This Agreement shall be governed by the laws of the State of Texas as to interpretation and performance. Any and all legal action necessary to enforce this Agreement shall be brought in a court of competent jurisdiction in Collin County, Texas or in the United States District Court for the Eastern District of Texas, Sherman Division. Section 15. Severability The provisions of this Agreement are severable. In the event that any paragraph, section, subdivision, sentence, clause, or phrase of this Agreement shall be found to be contrary to the law, or contrary to any rule or regulation having the force and effect of the law, such decisions shall not affect the remaining portions of this Agreement. Section 16. Contract Interpretation This Agreement is the result of negotiation between the parties, and shall, in the event of any dispute over the meaning or application of any portion thereof, be interpreted fairly and reasonably, and not to be more strictly construed against one party than another, regardless of which party originally drafted the section in dispute. Time is of the essence with respect to the deadlines set forth in this Agreement. Section 17. Force Majeure If a party is prevented or delayed from performing any of its obligations hereunder due to a natural or manmade event or condition not caused by such party and beyond such party's reasonable control, then such party's performance of those obligations shall be suspended until such time as the event or condition no longer prevents or delays performance. If any event or condition results in the creation of amounts of refuse in excess of ordinary amounts, then the parties shall discuss, but shall not be bound to conclude, terms and conditions for collection of those excess amounts. AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 8 OF 9 Section 18. Assignment It is understood and agreed that GACC shall not assign, sublet, or transfer any of the rights and duties under the terms of this Agreement without the prior written approval of the CDC. Section 19. Effective Date This Agreement shall be effective upon the date first stated herein, and performance of such Agreement shall begin as soon thereafter as practicable. IN WITNESS WHEREOF, CDC and GACC have executed this Agreement. By: Deanpra Mink Greater Anna Chamber of Commerce Rob Simmons CDC President AGREEMENT FOR SPONSORSHIP COMMITMENT FOR 2010-2011 PAGE 9 OF 9 EXHIBIT A LETTER OF INTENT BY THE GREATER ANNA CHAMBER OF COMMERCE This Letter of Intent ("Letter") by the Greater Anna Chamber of Commerce, Inc. ("GACC") is subject to verification by the Anna Community Development Corporation ("CDC") and the Anna Economic Development Corporation ("EDC"). The execution of this Letter does not necessarily obligate the CDC and the EDC to perform on its sponsorship obligations contained in the 2010-2011 Agreement for Sponsorship Commitment ("Agreement") as such performance will be subject to the limitations as stated in the Agreements. The GACC now promises to plan, organize, sponsor and hold a community event and hereby sets forth the purpose of the event and provides specific goals/benchmarks to promote the CDC/EDC and the City of Anna, Texas. Further, the GACC promises to meet the defined benchmarks pertaining to the event's goals. Failure to do so subjects the GACC to the default provisions of the Agreement. Event: Location of Event: Date/Time of Event: Purpose of the Event: Goals/Benchmarks (include marketing, attendance, and other similar provisions): Signed this the day of , 20 Deana Mink, President Greater Anna Chamber of Commerce, Inc. COMMUNITY DEVELOPMENT CORPORATION Meeting: October 14.2010 Budgeted Amount: n/a Item No. I I Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: X Yes No AGENDA SUBJECT: Review of bills and fiscal year 2009-2010 budget. SUMMARY: Staff will present the year end balance sheet. 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SUMMARY: n/a STAFF RECOMMENDATION: n/a MINUTES OF REGULAR MEETING OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION COMMUNITY Thursday, August 5, 2010 DEVELOPMENT CORPORATION The Community Development Corporation ("CDC") of the City of Anna met at 4:15 p.m., Thursday, August 5, 2010, at the Anna City Hall Administration Building, 111 North Powell Parkway (Hwy. 5), Anna, Texas. Call to Order Connie Stump, Vice -President, called the meeting to order and the following items were presented to the Board for its consideration. 2. Roll Call and Establishment of Quorum. Directors in attendance were: Connie Stump, Duane Hayes, Gene Bowles and Bill Olsen. A quorum was declared present and the floor was open for business. Directors Sherilyn Godfrey, Sandra Delgado, and Rob Simmons were absent. Alls absentness was excused. Others in attendance were: Philip Sanders, City Manager; Maurice Schwanke, Director of Planning for the City of Anna; Jessica Perkins, Chief Administrative Officer; Clark McCoy, Attorney for EDC; Deana Mink, President of the Greater Anna Chamber of Commerce ("GACC"); and GACC's Board members Tammy House, Gary Billups, and Aaron Towner. 3. Invocation and Pledge. Gene Bowles gave the invocation and led the group in the Pledge of Allegiance. 4. Citizen Comments. Citizens are allowed 3 minutes to speak. The Board of Directors is unable to respond to or discuss any issues that are brought up during this time that are not on the agenda, other than to make statements of specific factual information in response to a citizen's inquiry or to recite policy in response to the inquiry. The foregoing was read into the record. Deana Mink, GACC president, commented on the ribbon cutting at Tony's Deli to take place the next day. 5. Receive presentation from the GACC regarding a contractual sponsorship request for the FY 2010-2011. Tammy House spoke to the Board about the research that the GACC conducted and the results. They found that the budget is difficult to plan beyond three months and it needs to be structured. GACC's goals are to better structure and balance its budget in order to be more accountable to those donating money. 1. The Corporation may vole and/or act upon each of the items listed in this agenda. 2. The Corporation reserves the right to retire into executive session concerning any of the items listed on this agenda, whenever it is considered necessary and legally justified under the Open Meeting Act. 3. Persons with a disability who want to attend this meeting who may need assistance should contact the office of the City Secretary at 972 924-3325 two working days prior to the meeting so that appropriate arrangements can be made. 08-05-2010 Regular CDC Minutes.doc GACC is looking for a one-time donation of $45,000.00 in exchange for sponsorship advertisement and City promotion. What kind of people from larger cities are we attracting? Need to advertise the new businesses in Anna as they open. Its main events in the past have been the Glow Fest (may become an every other year event), Christmas Parade, Banquet, golf tournament, 4 I of July celebration, Freedom Fest, 4K run (which was well-received) and the health fair. Its balance sheet showed a lost in every event except their banquet. The weather was a factor in whether or not the event was a success. The GACC needs to advertise outside of the community to get people to come to Anna. There was a healthy discussion between GACC and the Board. More family- oriented events need to be planned, would like to see more tangible things such as data historical statistics. No action was taken. 6. Public Hearing regarding indoor recreation project for a community center at Natural Springs Park. The public hearing on the indoor recreation project was opened at 4:50 and closed at 4:51. No comments. 7. Public Hearing regarding outdoor recreation project for Phase II of Slayter Creek Park including public park and open space facility improvements. The public hearing on the outdoor recreation project was opened at 4:52 and closed at 4.53 pm. No comments. 8. Consider/Discuss/Action regarding the application for the Revolving Loan Fund Program from IVL. Jessica Perkins stated that in prior negotiations, IVL stated they needed approximately $200,000 to move their operation to Anna and for upstart of the business. A grant in the amount of $110,000 was obtained for IVL and a contract was sign between IVL and the Board. Presently, Jessica Perkins wants the Board to authorize the sub -committee to review their loan application request; if approved, then forward it to the USDA for final approval. Gene made a motion to that effect, which was seconded by Duane Hayes. Motion carried. 9. Receive update on restructuring of debt. At the last meeting the board requested that Jessica Perkins inquire with the bank if there would be a penalty to cash in the CD early and pay off the loan. There is not penalty to cash in the CD and pay off the loan so Jessica will do that this month. 10. Consider/Discuss/Action regarding fiscal year 2010-2011 budget. I. The Corporation may vote and/or act upon each of the items listed in this agenda. 2. The Corporation reserves the right to retire into executive session concerning any of the items listed on this agenda, whenever it is considered necessary and legally justified under the Open Meeting Act. 3. Persons with a disability who want to attend this meeting who may need assistance should contact the office of the City Secretary at 972 924-3325 two working days prior to the meeting so that appropriate arrangements can be made. 08-05-2010 Regular CDC Minutes.doc The CDC will receive approx. $210,000 in general sales tax revenue this coming year. The portion of the Chief Administrative Officer's salary that the CDC paid will be moved to the EDC budget. Now EDC will be responsible for 1/2 instead of %of the COA's salary. Maurice Schwanke addressed the Board as to the planned park projects. As the number of amenities is added to the parks and the community center becomes functional, so will the amount of maintenance work. The City wants to hire a full- time parks and recreation supervisor who would earn $59,000.00 a year plus FICA and benefits. He would also work with other maintenance employees. The City wants CDC to shoulder sixty percent (60%) of the salary expense. The City also needs to investigate the leasing or buying of a specialized mower, (includes other equipment, but not aerator), that will keep the baseball fields to competition playing specs. Perhaps, there is a need for a maintenance agreement with the seller. At this time, the Board is interested in learning about a leasing option. Maurice Schwanke also commented that several teams have contacted him in regards to using Anna baseball fields. An amount to be charged has not been determined. Connie Stump made a motion to take no action. Bill Olsen seconded 11. Review of bills and fiscal year 2009-2010 budget. A statement for Wolfe, Tidwell, and McCoy in the amount of $4,970.18 was presented or review. No action was taken with respect to the 2009-10 budget. 12. Consider/Discuss/Action regarding the approval of the July 1, 2010 minutes. Gene Bowles made a motion to approve the July 1, 2010 minutes as corrected. The correction was made to Item 10. The date for the minutes was changed to June 10, 2010. The motion was seconded by Bill Olsen. Motion carried. [THIS SPACE INTENTIONAL LEFT BLANK] I. The Corporation may vote and/or act upon each of the items listed in this agenda. 2. The Corporation reserves the right to retire into executive session concerning any of the items listed on this agenda, whenever it is considered necessary and legally justified under the Open Meeting Act. 3. Persons with a disability who want to attend this meeting who may need assistance should contact the office of the City Secretary at 972 924-3325 two working days prior to the meeting so that appropriate arrangements can be made. 08-05-2010 Regular CDC Minutes.doc Adjourn. Connie Stump made a motion to adjourn. Duane Hayes seconded the motion. Motion carried. The meeting adjourned at 5:43p.m. APPROVED: Constance Ann Stump Vice -President of CDC ATTESTED: Sherilyn Godfrey Secretary of CDC 1. The Corporation may vote and/or act upon each of the items listed in this agenda. 2. The Corporation reserves the right to retire into executive session concerning any of the items listed on this agenda, whenever it is considered necessary and legally justified under the Open Meeting Act. 3. Persons with a disability who want to attend this meeting who may need assistance should contact the office of the City Secretary at 972 924-3325 two working days prior to the meeting so that appropriate arrangements can be made. 08-05-2010 Regular CDC Minutes.doc COMMUNITY DEVELOPMENT CORPORATION Meeting: October 14, 2010 Budgeted Amount: n/a AGENDA SUBJECT: Adjourn. SUMMARY: n/a Item No. 13 Anna Community Development Corporation Agenda Staff Report STAFF RECOMMENDATION: n/a Staff Contact: Jessica Perkins Exhibits: Yes _X—No