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HomeMy WebLinkAboutCDCpkt2012-06-11 Special Meeting1� COMMUNITY DEVELOPMENT CORPORATION June 11, 2012 SPECIAL Meeting Packet AGENDA SPECIAL MEETING OF ANNA COMMUNITY DEVELOPMENT CORPORATION June 11, 2012 of 5:00 p.m.' ANNA CITY HALL ADMINISTRATION BUILDING, 111 N. POWELL PKWY., ANNA, TEXAS The Anna Community Development Corporation will conduct a meeting at 5:00 p.m.' on June 11, 2012, at the Anna City Hall Administration Building, 111 N. Powell Parkway, to consider the following items: 1. Call to Order. 2. Roll Call and Establishment of Quorum. 3. Invocation and Pledge. r'(f'II 4. Public Hearing regarding outdoor recreation project including public park and open space facility improvements. 5. Consider/Discuss/Action regarding passing a resolution to approve and aut�orize the proposed project plan of finance for city park improvements. . Ol'o r r r 6. Considerl®tsc s/Action regarding passing a resolution to purchase a canopy to cover the playground at Slayter Creek Park. _- 7. Consider/Discuss/Action regarding -pd ssing a ­ resolution to contract and purchase an irrigation for Bryant Park. �t , 8. Consider/Discuss/Action regarding passing a resolution to contract and purchase an irrigation sKstem for Geer Park. 9. Consider/Discuss/Action regarding passing a resolution to purchase advertising space In the Greater Anna Chamber Bylsiness Directory. iJ.,,�r.i, t a 10. 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 I 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 vole and/or act upon each of the items listed in this agenda. 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 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. 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: (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) --s 11. Review of bills and fiscal year 2011-12 budget. 12. Consider/Discuss/Action regarding approving the regular meeting minutes from May 10, 2012 and May 15, 2012. 1� 13. Adjourn. This is to certify t a ass Ca Perkins, C Ifi f Administrative Officer, 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 5:00 p.m., June 8, 2012. fC Je Perkins C of Administrative Officer 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 AcL 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. 1 f ii t DEVELOPMENT CORPORATION Meeting: June 11, 2012 Budgeted Amount: n/a Item No. 4 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: X Yes No AGENDA SUBJECT: Public Hearing regarding outdoor recreation project including public park and open space facility improvements. SUMMARY: Staff is pressing forward with securing the design and cost estimates for Phase II of Slayter Creek Park. The CDC has previously approved the expenditure of funds in the amount of at least $500,000 in order to secure the match needed for the grant the City received for the construction of Phase II from Texas Park and Wildlife. In the last few weeks staff received a cost estimate of just over 2 million to complete the construction of Phase II of Slayter Creek Park. The 2 million estimate includes 2 lighted ball fields, lights at the soccer fields, irrigation, gazebo, trails, a splash pad, concrete parking and more. If the CDC choses to fund this proposal the contribution would be around 1.6 million and the park will be complete. STAFF RECOMMENDATION: Staff recommends you fund the park at 1.6 million. 1 COMMUNITY DEVELOPMENT CORPORATION Meeting: June 11, 2012 Budgeted Amount: n/a Item No. 5 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: X Yes No AGENDA SUBJECT: Consider/Discuss/Action regarding passing a resolution to approve and authorize the proposed project plan of finance for city park improvements. SUMMARY: In order to move forward with securing the funds needed to complete Phase II of Slayter Creek Park, the board needs to authorize our FA to seek funding. STAFF RECOMMENDATION: Staff recommends you pass the resolution. ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION APPROVING AND AUTHORIZING THE PROPOSED PLAN FOR FINANCING OF PUBLIC PARK IMPROVEMENTS PROJECT WHEREAS, the Board of Directors of the Anna Community Development Corporation (the "CDC"), created by the City of Anna, Texas (the "City"), in accordance with Article 5190.6, V.A.T.C.S., Section 4B, and now operating under Texas Local Government Code, Chapter 505 (the "Act") has found that it is in the best interests of the Corporation to authorize their financial advisor to seek funding for the project of funds of up to $1,600,000; and WHEREAS, the CDC's funding of the Public Park Improvements Project is subject to the approval of the Project by the City Council of the City of Anna ("City Council") and also subject to a project agreement being reached between the CDC and the City; and WHEREAS, the CDC Board of Directors has investigated and determined that providing the funding for the Project, and associated financing, subject to the aforementioned conditions, is in the CDC's best interest and will enhance the recreational and community facilities of the City and will be for the benefit of the community; and WHEREAS, it is hereby officially found and determined that the meeting at which this Resolution was passed, was open to the public and public notice of the time, place, and purpose of said meeting was given, all as required by Chapter 551, Texas Government Code; NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Authority to Execute Proposed Plan of Finance The CDC approves and authorizes the proposed plan for financing of public park improvements and authorizes the CDC financial advisor and Chief Administrative Officer to pursue and obtain financing. The funding of this project by the CDC will be subject to City Council approval and subject to the Project agreement between the CDC and the City to be executed after City Council consideration and approval of the Project. CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 1 OF 2 PASSED AND APPROVED by the Anna Community Development Corporation this 11th day of June, 2012. APPROVED: ATTEST: Jason Focht, CDC President Sherilyn Godfrey, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 2 OF 2 ANNA COMMUNITY DEVELOPMENT CORPORATION NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that the Anna Community Development Corporation (the "Corporation"), a non-profit corporation operating under Texas Local Government Code, Chapter 505 (the "Act"), will hold a public hearing at 5:00 P.M. on June 11, 2012, at 111 N. Powell Parkway, Anna, Texas, on projects to provide (i) public park and open space improvements including recreational facilities, parking facilities and related infrastructure, and (ii) maintenance and operating costs of such projects, and other purposes permitted by law (the "Projects"), in order to provide improvements for public park and open space purposes and in order to promote and encourage employment and public welfare and to promote and develop new and expanded business enterprises as authorized by the Act. The Projects are expected to be financed from the proceeds of sales tax revenue obligations to be issued by the Corporation, and paid from sales tax revenues and other resources of the Corporation. The Projects shall include the equipment, facilities, and improvements (one or more) found by the Corporation's Board of Directors to be required or suitable for the promotion and development of the Projects. The costs of the Projects are estimated not to exceed $1,600,000. All interested persons are invited to attend the public hearing and speak for or against the proposed Projects. NOTICE OF PROJECTS AND NOTICE OF PUBLIC HEARING EXHIBIT A DEVELOPMENT CORPORATION Meeting: June 11, 2012 Budgeted Amount: n/a Item No. 6 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: _X—Yes _No AGENDA SUBJECT: Consider/Discuss/Action regarding passing a resolution to purchase a canopy to cover the playground at Slayter Creek Park. SUMMARY: The CDC has $50,000 budgeted for park improvements. Staff believes covering the playground area would be a good use of these funds. STAFF RECOMMENDATION: Staff recommends you approve the resolution. ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION AUTHORIZING AN EXPENDITURE OF FUNDS FOR A LARGE CANOPY TO COVER THE PLAYGROUND AT SLAYTER CREEK PARK WHEREAS, the Anna Community Development Corporation (the "CDC') intends to work with the City of Anna to erect a large canopy to cover the playground at Slayter Creek Park; and WHEREAS, the CDC has found and determined that the expenditure is in the best interest of the CDC and will enhance the recreational and community facilities of the City and will be for the benefit of the community; NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Authority for Expenditure The CDC hereby authorizes the expenditures of funds for the canopy at Slayter Creek Park, in the amount of _$26,600_ PASSED AND APPROVED by the Anna Community Development Corporation this day of 2012. APPROVED: Jason Focht, CDC President ATTEST: Sherilyn Godfrey, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO._ PAGE 1 OF 1 CKH 71i7MItIP]J Meeting: June 11, 2012 Budgeted Amount: n/a Item No. 7 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: X Yes No AGENDA SUBJECT: Consider/Discuss/Action regarding passing a resolution to contract and purchase an irrigation system for Bryant Park. SUMMARY: The CDC has $50,000 budgeted for park improvements. Staff thinks adding irrigation to Bryant and Geer parks would be a good use of these funds. The irrigation will provide the opportunity to strengthen the turf and allow for a better fields and more use of the field. STAFF RECOMMENDATION: Staff recommends you pass the resolution. ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION AUTHORIZING AN EXPENDITURE OF FUNDS FOR AN IRRIGATION SYSTEM AT BRYANT PARK WHEREAS, the Anna Community Development Corporation (the "CDC') intends to work with the City of Anna to install and operate an irrigation system at Bryant Park; and WHEREAS, the CDC has found and determined that the expenditure is in the best interest of the CDC and will enhance the recreational and community facilities of the City and will be for the benefit of the community; NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Authority for Expenditure The CDC hereby authorizes the expenditure of funds for an irrigation system at Bryant Park, not to exceed the amount of _$10,000_. PASSED AND APPROVED by the Anna Community Development Corporation this day of 2012. APPROVED: Jason Focht, CDC President ATTEST: Sherilyn Godfrey, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO._ PAGE 1 OF 1 COMMUNITY DEVELOPMENT CORPORATION Meeting: June 11, 2012 Budgeted Amount: n/a Item No. 8 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: _X—Yes No AGENDA SUBJECT: Consider/Discuss/Action regarding passing a resolution to contract and purchase an irrigation system for Geer Park. SUMMARY: The CDC has $50,000 budgeted for park improvements. Staff thinks adding irrigation to Bryant and Geer parks would be a good use of these funds. The irrigation will provide the opportunity to strengthen the turf and allow for a better fields and more use of the field. STAFF RECOMMENDATION: Staff recommends you pass the resolution. ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION AUTHORIZING AN EXPENDITURE OF FUNDS FOR AN IRRIGATION SYSTEM AT GEER PARK WHEREAS, the Anna Community Development Corporation (the "CDC') intends to work with the City of Anna to install and operate an irrigation system at Geer Park; and WHEREAS, the CDC has found and determined that the expenditure is in the best interest of the CDC and will enhance the recreational and community facilities of the City and will be for the benefit of the community; NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Authority for Expenditure The CDC hereby authorizes the expenditure of funds for an irrigation system at Geer Park, not to exceed the amount of _$10,000_ PASSED AND APPROVED by the Anna Community Development Corporation this day of 12012. APPROVED: Jason Focht, CDC President ATTEST: Sherilyn Godfrey, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO._ PAGE 1 OF 1 CORPORATION Meeting: June 11, 2012 Budgeted Amount: n/a Item No. 9 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: _X—Yes No AGENDA SUBJECT: Consider/Discuss/Action regarding passing a resolution to purchase advertising space in the Greater Anna Chamber Business Directory SUMMARY: Historically the board place an add promoting and identifying projects the CDC has contributed to the community. This may be a good opportunity to promote the shop local website also. STAFF RECOMMENDATION: Staff recommends you consider purchasing an ad in the GACC directory. Company Name: Contact Name: Phone: Greater Anna Chamber of Commerce 2012-2013 Directory 807 S Interurban, Anna, Texas 75409 Office: 972-924-8533 Fax: 888-743-1256 ORDER FORM State: Zip: Full Inside Cover (5X7) $1195 Back Outside Cover (5X7) $1495 Back Inside Cover (5X7) $995 Center 2 Page (8X10) $2000 Full Page $845 LZ 1/2Page $575 '/< Page $325 ire Page $199 Payment: Check # Credit Card# Name of Credit Card ling Zip Code Will Email Artwork to Sara(cbGreaterAnnaChamber.com / All artwork must be received by 5/31/2012 File should be .jpg or pdf, 30ODPI or greater Use business card or other material to create artwork ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION APPROVING A CONTRACT WITH THE GREATER ANNA CHAMBER OF COMMERCE, INCORPORATED, REGARDING ITS PRODUCTION OF A LOCAL BUSINESS DIRECTORY; AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR PROMOTIONAL PURPOSES WHEREAS, the Anna Community Development Corporation (the "CDC") wishes to expend funds in support of a local business directory provided by the Greater Anna Chamber of Commerce, Incorporated (the "GACC"); and WHEREAS, the CDC intends that said funds be used by the GACC for the creation of the local business directory; NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Approval of Contract The CDC hereby approves the contract, attached hereto as EXHIBIT A, incorporated herein for all purposes, and authorizes the CDC Chief Administrative Officer to execute same on its behalf. Section 3. Approval of Funding The CDC hereby authorizes the Chief Administrative Officer to charge the CDC's promotional account in the amount of no more than $1,500 for the advertisement to fund this expenditure. PASSED AND APPROVED by the Anna Community Development Corporation this day of 2012. APPROVED: Jason Focht, CDC President ATTEST: Sherilyn Godfrey, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO._ PAGE 1 OF 1 Item No. 10 Anna Community Development Corporation Agenda Staff Report Meeting: June 11, 2012 Staff Contact: Jessica Perkins Budgeted Amount: n/a Exhibits: Yes _X—No 1. 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); 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) SUMMARY: n/a STAFF RECOMMENDATION: n/a CORPORATION Meeting: June 11, 2012 Budgeted Amount: n/a Item No. 11 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: —X—Yes No AGENDA SUBJECT: Review of bills and fiscal year 2011-12 budget. SUMMARY: This review is for invoices that have already been approved by they board such as for legal services, employment services, or contracted services. STAFF RECOMMENDATION: n/a COMMUNITY DEVELOPMENT CORPORATION Meeting: June 11, 2012 Budgeted Amount: n/a Item No. 12 Anna Community Development Corporation Agenda Staff Report Staff Contact: Jessica Perkins Exhibits: X Yes No AGENDA SUBJECT: Consider/Discuss/Action regarding approving the regular meeting minutes from May 10, 2012 and May 15, 2012. SUMMARY: n/a STAFF RECOMMENDATION: Staff recommends you approve the minutes. MINUTES OF SPECIAL MEETING OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION COMMUNITY Thursday, May 10, 2012 Dever-oNonenrr Al Th Anna Community Development Corporation ("CDC') of the City of Anna met at 5:6bp.m., Thursday, May 10, 2012, at the Anna City Hall Administration Building, 111 North Powell Parkway (Hwy. 5), Anna, Texas. Call to Order Gene Bowles, Vice -President, called the meeting to order at 5:11 pm and the following items were presented to the Board for its consideration after roll call and the establishment of a quorum. 2. Roll Call and Establishment of Quorum. Directors in attendance were: l r Director(s) absent were: Sherilyn Godfrey, Sarah Jones, and Jason Focht A quorum was declared present and the floor was open for business. Others in attendance were: Jessica Perkins, Chief Administrative Officer; Clark McCoy, Attorney for CDC, Philip Sanders, City Manager, and Maurice Schwanke, Director of Planning. 3. Invocation and Pledge Gene Bowes led the group in prayer and in the Pledge of Allegiance. 4. Public Hearing regarding outdoor recreation project for Phase II of Slayter Creek Park including public park and open spade facility improvements. The City Manager, Philip Sanders, presented the components and cost break down for Phase II of Slayter Creek Park. A public hearing was open at 5:46pm. There were no comments. Public hearing closed at 5:47pm 5, Public hearing regarding reimbursement of assessments levied on property in FM -455 Median Break Public Improvement District. Chief Administrative Officer, Jessica Perkins presented the details of this item. A public hearing was open at 5:49pm. There were no comments. Public hearing closed at 5:50pm. 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. 05-12-2012 Special CDC Minutes.doc :L MINUTES OF SPECIAL MEETING OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION VEPME COMMUNITY DEVELOPMENT Thursday, May 15, 2009 CORPORATION The Community Development Corporation ("CDC') of the City of Anna met at 5:3Op.m., Tuesday, May 15, 2012, at the Anna City Hall Administration Building, 111 North Powell Parkway (Hwy. 5), Anna, Texas. Call to Order Jason Focht called the meeting to order at 5:39pm and the following items were presented to the Board for its consideration. 2. Roll Call and Establishment of Quorum. Directors in attendance were: Jason Focht, Gene Bowles, Connie Stump, Sherilyn Godfrey, John Houcek, and Sarah Jones (5:55pm). Director Duane Hayes was absent. A quorum was declared present and the floor was open for business. Others in attendance were: Jessica Perkins, Chief Administrative Officer; and Clark McCoy, Attorney for CDC. 3. Consider/Discussion/Action regarding adoption of a resolution directing publication of notice of projects and notice of public hearing for project including financing of park improvements. Gene Bowles made a motion to adopt the resolution directing publication of notice of projects and notice of public hearing for project including financing of park improvements. Connie Stump seconded the motion. All in favor. Motion carried. 4. Adjourn. Sherilyn Godfrey made the motion to adjourn the meeting. Seconded by Gene Bowles. Meeting was adjourned at 5:56 p.m. APPROVED: ATTESTED: Jason Focht President of CDC 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. 05-15-2012 CDC Special Minutes.doc 6. Discussion/Consideration/Action on resolution approving improvement Funding and Reimbursement Agreement regarding reimbursement of assessments levied on property in FM455 Median Break Public Improvement District. This item was skipped and will act on at a later time. Discussion about adding a second canopy at Slayter Creek Park. Chief Administrative Officer, Jessica Perkins presented the proposed design and cost to add a large canopy to cover the playground at Slayter Creek Park. Ms. Perkins reminded the board that the budget has funds set aside for park improvements. The board directed Ms. Perkins to put the item on the next agenda for action. 8. HOLD CLOSED: (exceptions): a. Deliberation 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). Not Necessary 9. Review of bills and fiscal year 2011-12 budget. Ms. Perkins presented the CDC check ledger for review by the board. 10. Consider/Discuss/Action regarding approving the regular meeting minutes from April 5, 2012. 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. 05-12-2012 Special CDC Minutes.doc Connie Stump made a motion to adopt the minutes as written. Duane Hayes seconded the motion. All in favor. Motion carried. 11. Adjourn. Connie Stump made a motion to adjourn the meeting. John Houcek seconded the motion. Motion carried and the meeting adjourned at 6:00p.m. APPROVED: Jason Focht 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. 05-12-2012 Special CDC Minutes.doc