HomeMy WebLinkAboutCDCpkt2012-07-24 Special MeetingCOMMUNITY
DEVELOPMENT
CORPORATION
July 24, 2012
SPECIAL Meeting Packet
AGENDA
SPECIAL MEETING
OF ANNA COMMUNITY DEVELOPMENT CORPORATION
July 24, 2012 at 5:00 p.m,'
COMMUNITY ANNA CITY HALL ADMINISTRATION BUILDING,
DEVELOPMENT 1'11 N. POWELL PKWY., ANNA, TEXAS
The Anna Community Development Corporation will conduct a meeting at 5:00 p.m' on
July 24. 2012, at the Anna City Hall Administration Building, 111 N. Powell Parkway, to
consider the following items:
1. Call to Order.j_F 04-
PM
2. Roll Call and Establishment of Quorum. JUA�le r Gi?oe
3. invocation and Pledge.
4.
(i) Consider and take action on dreessolluutio ijuthorizing the issuance and
sale of Anna Community Development Corporation Sales Tax Revenue
Refunding Bond, Series 2012-A; providing for the security for and
payment of said bond; approving an escrow agreement and a sales tax
remittance agreement; and. enacting other provisions relating to the
subject. ). �, " � i„i, r'� AbL
(ii) Consider and take action on a (�eso�lutionauthorizing the issuance
and sale of Anna Community Developffi'k Corporation Sales Tax
Revenue Bond, Series 2012-B; providing for the security for and
payment of said bond; approving a sales tax remittance
agreement; and enacting other provisions relating �to the subject/
t �L
5. Consider/Discuss/Action regarding i pproving e olution for a consulting
agreement with Buxton. Si
6. 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);
I ADDITIONAL NOTICE REGARDING MEETING TIME: In the event that the Anna Economic Development Corporation
meats 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.
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)
C7� Review proposed fiscal year 2012-2013 budget.
�8.Consider/DiscuWAction regarding approving the regular meeting minutes from
June 11, 2012. �,n�
9. Adjourn. 1-t -1iIF� ((. 6,e)"I�T.II ' 4)'n, r^,
This is to certify that I, Jessica Perkins, Chief Administrative Officer, posted this agenda
at a place readily accessible to the public at the Anna City Hall and on the City Hail
bulletin board at or before 5:00 p.m., July 21, 2012.
f Wivvl J i
ssica Perki , hief Administrative Officer
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 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 972-9243325 two working days prior to the
meeting so that appropriate arrangements can be made.
Item No. 4
Anna
Community Development
Corporation Agenda Staff Report
Meeting: July 24, 2012 Staff Contact: Jessica Perkins
Budgeted Amount: n/a Exhibits: X_ Yes —No
AGENDA SUBJECT:
(1) Consider and take action on a resolution authorizing the issuance and
sale of Anna Community Development Corporation Sales Tax
Revenue Refunding Bond, Series 2012-A; providing for the security
for and payment of said bond; approving an escrow agreement and a
sales tax remittance agreement; and enacting other provisions relating
to the subject.
(2) Consider and take action on a resolution authorizing the issuance and sale of
Anna Community Development Corporation Sales Tax Revenue Bond,
Series 2012-B; providing for the security for and payment of said bond;
approving a sales tax remittance agreement; and enacting other provisions
relating to the subject.
SUMMARY: The Anna CDC has worked with staff to prepare bonds to be issued in the
amount of 1.6 million to cover the cost to complete Phase II of Slayter Creek Park and
possibly other park amenities.
STAFF RECOMMENDATION: Staff recommends you fund the park at 1.6 million.
COMMUNITY
DEVELOPMENT
CORPORATION
Meeting: July 24, 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 for
consulting agreement with Buxton Company.
SUMMARY: Buxton is well-known firm out of Fort Worth that specializes in
consumer research. Buxton will come to our community and identify the consumers in
our area to match us with retailers that would fit our market. Their company carries
influence and creditability that is hard to match. In order to move forward with a
partnership with Buxton we need to secure and sign an agreement.
STAFF RECOMMENDATION: Staff recommends you pass the resolution.
ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
AUTHORIZING THE CHIEF ADMINISTRATIVE OFFICER TO ACT ON THE BOARD'S
BEHALF IN EXECTUING A CONTRACT FOR CONSULTING SERVICES TO ASSIST
WITH STRATEGIC PLANNING AND MARKETING
WHEREAS, the Anna Community Development Corporation (the "CDC") desires to
authorize their Chief Administrative Officer to procure the professional consulting
services of Buxton Company for strategic economic development planning and
marketing,
WHEREAS, the CDC has determined that the above -referenced services are in the best
interests of the CDC and will promote economic development in the City of Anna; and
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 Consulting Services Agreement
The Board of Directors of the Anna Community Development Corporation authorizes
the Chief Administrative Officer to execute, on behalf of the CDC, and subject to
approval of the form and content by the CDC's legal counsel, a contract 93 #1 i4�A with
Buxton Company for professional consulting services for a fee of $30,000, to assist with
strategic planning and marketing, said authority to include execution of all necessary
documents to consummate the business relationship with said consultant.
PASSED AND APPROVED by the Anna Community Development Corporation this
day of 12012.
APPROVED: ATTEST:
Jason Focht, CDC President Sherilyn Godfrey, CDC Secretary
CDC OF ANNA, TEXAS RESOLUTION NO._ PAGE 1 OF 1
Item No. 6
Anna
Community Development
Corporation Agenda Staff Report
Meeting: July 24, 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 fmancial 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
Item No. _
Anna
Community Development
Corporation Agenda Staff Report
Meeting: July 24, 2012 Staff Contact: Jessica Perkins
Budgeted Amount: n/a Exhibits: X_Yes No
AGENDA SUBJECT: Review proposed fiscal year 2012-13 budget.
SUMMARY: n/a.
STAFF RECOMMENDATION: n/a
COMMUNITY
DEVELOPMENT
CORPORATION
Meeting: July 24, 2012
Budgeted Amount: n/a
Item No. �&
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 June 11, 2012.
SUMMARY: n/a
STAFF RECOMMENDATION: Staff recommends you approve the minutes.
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