HomeMy WebLinkAboutCDCpkt2014-08-07August 7, 2014
Meeting Packet
a
AGENDA
ANNA COMMUNITY DEVELOPMENT CORPORATION
August 7, 2094 at 5:00 p.m.'
ANNA CITY HALL ADMINISTRATION BUILDING,
111 N. POWELL PKWY-, ANNA, TEXAS
COMMUNITY
DEVELOPMENT
CORPORATION
The Anna Community Development Corporation will conduct a meeting at 5:00 p.m., on
August 7. 2014, at the Anna City Hall Administration Building, 111 N. Powell Parkway,
to consider the following items:
1. Call to Order. S% LJ Pyyj
2. Roll Call and Establishment of Quorum. V Oy I V1 �uC e-K�
3. Invocation and Pledge.
4. Introduce new board members.
5.
I
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S a S ^Z-
r�.(,urn.ed
Public Hearing regarding a proposed CDC project to provide a line of credit utilizing
the funds in the Revolving Loan Fund program for Empowered Training Centre,
LLC. 1/' e �.
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t -
Consider/Discuss/Action regarding a resolution authorizing execution of an
amended performance agreement with #or Empowered Training Centre, LLC and
approving a line of credit utilizing the funds in the Revolving Loan Fund program fr
Empowered Tonin Centre, LLC
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7. Consider/Discuss/Action regarding approving abudget mendment for the current
2013-2014 fiscal year.
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8. Consider/Discuss/Action regarding p
roving- the fiscal year 014-2015 proposed
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bud et. h 611Vl�-e, o�
9. CLOSED SESSION exceptions):
a. Deliberate regarding the purchase, exchange, lease or value of real
property. (Tex. Gov't Code §551.072) possible property acquisition; possible land
sale/purchase;
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 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 972.924-3325 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)
10. ConsidedDiscuss/Action regarding approving the minutes from May 1, 2014 and6
�l a ��, ,June 5, 2014.
11. Adjourn. is } r) 1
3 ,7n
This is to certify that I, Jessica Perkins, Chief Administrative Offic4,, posted this agenda ; t7�
at a place readily accessible to the public at the Anna City Hail and on the City Hall
bulletin board at or before 5:00 p.m., August 4, 2014.
J*iPerkins,�'15"ef 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
k 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.
DEVELOPMENT
CORPORATION
Meeting: August 7, 2014
Staff Contact: Jessica Perkins
Exhibits: _X—Yes No
Item No. 5
Anna
Community Development
Corporation Agenda Staff Report
AGENDA SUBJECT: Public Hearing regarding a proposed CDC project to provide a
line of credit utilizing the funds in the Revolving Loan Fund program for Empowered
Training Centre, LLC.
SUMMARY: The Public Hearing is necessary to comply with State Statue regarding
proper notice and public input on this project. Read the item. Open the Public hearing;
state the time; allow comment (if any); close the hearing; state time.
STAFF RECOMMENDATION: n/a
COMMUNITY
DEVELOPMENT
CORPORATION
Meeting: August 7, 2014
Staff Contact: Jessica Perkins
Exhibits: _X—Yes No
Item No. 6
Anna
Community Development
Corporation Agenda Staff Report
AGENDA SUBJECT: Consider/Discuss/Action regarding a resolution authorizing
execution of an amended performance agreement with for Empowered Training Centre,
LLC and approving a line of credit utilizing the funds in the Revolving Loan Fund
program for Empowered Training Centre, LLC.
SUMMARY: Back in December the EDC entered in to a performance agreement with
Empowered Training Centre (dba MyCourseRoom.com). As a part of the performance
agreement there was an option for a Line of Credit. The resolution will clarity the
performance agreement Section 3 (b) that the Line of Credit is with the CDC's RLF
program and execute the Line of Credit.
STAFF RECOMMENDATION: Staff recommends that you approve the resolution.
ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
APPROVING A PROJECT TO PROMOTE NEW OR EXPANDED BUSINESS
DEVELOPMENT, AUTHORIZING THE EXPENDITURE OF FUNDS FOR THE
PROJECT, AND AUTHORIZING THE EXECUTION OF A LINE OF CREDIT TO
ADVANCE FUNDS TO EMPOWERED TRAINING CENTRE, LLC, ALL SUBJECT TO
APPROVAL OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS
WHEREAS, on December 10, 2013 the City Council of the City of Anna, Texas
approved Resolution No. 2013-12-10 authorizing the Anna Economic Development
Corporation ("EDC") to enter into the Economic Development Incentive Grant for Capital
Investment Performance Agreement ("Performance Agreement") with Empowered
Training Centre, LLC (the "Company"); and
WHEREAS, the EDC and the Company duly entered into the Performance Agreement;
and
WHEREAS, under Section 3(b) of the Performance Agreement the EDC and the
Company had intended that the Company would have access to a line of credit from the
Anna Economic Development Corporation; and
WHEREAS, the Board of Directors of the CDC has determined that it would be
appropriate if the line of credit was provided and administered by the Anna Community
Development Corporation instead of EDC; and
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 413, and now operating under Texas Local Government
Code, Chapter 505 (the "Act"), has determined that it is advisable and in the best
interests of the CDC to give notice of the intention of the CDC to undertake the following
project(s):
one or more expenditures in a total amount not to exceed $108,000 in the form of
advances on a letter of credit to one or more entities doing business in or near
the city under a contract with the CDC and or Anna Economic Development
Corporation ("Recipients") to assist with the Recipients' operating expenses
necessary for the purpose of expanding the operations of Recipients' business
and the expansion of business development within the city (the "Project"). The
Project will be financed from a grant the CDC was awarded by the USDA. The
costs of the Project are estimated not to exceed $108,000.
CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 1 OF 2
WHEREAS, the CDC desires to authorize the expenditure of funds of up to $108,000
under a project line of credit with the Recipient for the funding of the Project, subject to
certain conditions as set forth in this resolution; and,
WHEREAS, the CDC's funding of the Project is subject to the approval of the Project by
the City Council of the City of Anna ("City Council"); and,
WHEREAS, the CDC Board of Directors has investigated and determined that providing
the funding for the Project, subject to the aforementioned conditions, is in the CDC's
best interest and will promote new and expanded business development in the City;
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. Approval of Project and Authority to Expend Funds and Authority to
Enter Into Amended Performance Agreement and to Execute a Line of Credit
The CDC approves the Project and authorizes the expenditure of funds of up to
$108,000 in accordance with a line of credit to Empowered Training Centre, LLC. for
the expansion of Recipient's business. The CDC authorizes the CDC President to
execute the Amended Performance Agreement as stated above, on the CDC's behalf,
subject to form of same by the CDC's legal counsel, and any necessary approval by
the City of Anna City Council. The CDC further authorizes the CDC President to
execute the above -referenced line of credit on the CDC's behalf, which shall serve as
an addendum to the Amended Performance Agreement. Said expenditure by the CDC
will be subject to City Council approval by resolution after the City Council gives the
resolution at least two separate readings, and subject to approval as to the substance
of the line of credits by the CDC's Chief Administrative Officer and approval as to the
form of said line of credit by the CDC's legal counsel.
Section 3. Form of Notice
Attached hereto as Exhibit A is a form of Notice of Project ("Notice"), which shall be
published without unnecessary delay after the adoption of this resolution, in
substantially the same form and substance as attached hereto.
CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 2 OF 2
Section 4. Publication of Notice
Said Notice shall be published in a newspaper, as defined in Texas Government Code
Sec. 2051.044, of general circulation in the area of the City of Anna, Texas.
PASSED AND APPROVED by the Anna Community Development Corporation this
day of 2014.
APPROVED:
John Houcek, CDC President
ATTEST:
, CDC Secretary
CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 3 OF 2
ANNA COMMUNITY DEVELOPMENT CORPORATION
NOTICE OF PROJECT
NOTICE IS HEREBY GIVEN that the Anna Community Development
Corporation (the "CDC"), a non-profit corporation created pursuant to the Development
Corporation Act of 1979, Article 5190.6, Vernon's Texas Civil Statutes, Section 4B, and
now operating under Texas Local Government Code, Chapter 505 (the "Act"), intends to
make one or more expenditures in a total amount not to exceed $108,000 in the form of
advances on a line of credit to one or more entities doing business in or near the city
under a contract with the CDC and or Anna Economic Development Corporation
("Recipients") to assist with the Recipients' operating expenses necessary for the
purpose of expanding the operations of Recipients' business and the expansion of
business development within the city (the "Project"). The Project will be financed from a
grant the CDC was awarded by the USDA. The costs of the Project are estimated not to
exceed $108,000.
EXHIBIT A
Meeting: August 7, 2014
Staff Contact: Jessica Perkins
Exhibits: X Yes No
Item No. 7
Anna
Community Development
Corporation Agenda Staff Report
AGENDA SUBJECT: Consider/Discuss/Action regarding approving a budget
amendment for the current 2013-2014 fiscal year.
SUMMARY: As the end of the fiscal year comes to a close staff noticed a overage in
the Promotional (6735) Fund and the Other Services (6799 Parks Personnel Support).
Staff is recommending moving money from the Contract (6703) line item to cover the
overage - $2000 to Other Services and $1000 to Promotional. The total amount budgeted
for the fiscal year will not change.
STAFF RECOMMENDATION: Staff recommends you approve.
ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
REGARDING THE APPROVAL OF AND AUTHORITY TO AMEND THE FY 2013-2014
FISCAL YEAR BUDGET
WHEREAS, effective October 1, 2013, the Anna Community Development Corporation
(the "CDC') with the approval of the City of Anna City Council executed its current fiscal
year budget; and
WHEREAS, the CDC seeks to amend its budget due to additional funds needed in the
promotional line item and other services line item;
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. Adoption of Amendment to the Current Fiscal Year Budget
The CDC Board of Directors hereby approves amending the Anna Community
Development Corporation current fiscal year budget as set forth in Exhibit A, amended
budget, attached hereto and incorporated herein for all purposes as if set forth in full,
subject to approval by the City of Anna City Council.
PASSED AND APPROVED by the Anna Community Development Corporation this
day of 2014.
APPROVED:
John Houcek, CDC President
ATTEST:
, CDC Secretary
CDC OF ANNA, TEXAS RESOLUTION NO._ PAGE 1 OF 1
COMMUNITY
DEVELOPMENT
CORPORATION
Meeting: August 7, 2014
Staff Contact: Jessica Perkins
Exhibits: X Yes No
Item No. 8
Anna
Community Development
Corporation Agenda Staff Report
AGENDA SUBJECT: Consider/Discuss/Action regarding approving the fiscal year
2014-2015 proposed budget.
SUMMARY: It is budgeting season and the City Council has reviewed the attached
proposed CDC FY 15 budget. The proposed budget meets all of our obligations and
accomplishes our fiscal goals.
STAFF RECOMMENDATION: Staff recommends you approve the resolution.
6208 OFFICE SUPPLIES
CITY OF ANNA
5750
FUND
DEPARTMENT
DIVISION
89 COMMUNITY DEVELOPMENT
CDC
825
CORPORATION
$300
$300
6212 POSTAGE
LINE ITEM DETAIL
$50
$50
ACTUAL
BUDGET
ESTIMATED
PROPOSED
PLANNING
LINE ITEMS
2013
2014
2014
I
2015
2016
I
6208 OFFICE SUPPLIES
5132
5750
5isu
55uu
SWU
6209 OTHER SUPPLIES -MISC.
$53
$200
$200
$300
$300
6212 POSTAGE
$9
$50
$50
$50
$50
SUPPLIES TOTAL
$194
$1,000
$1,000
$850
$950
6700 ECONOMIC DEVELOPMENT GRANT
$0
$0
$0
$0
$0
EXPENSE
6703 CONTRACT SERVICES
$16,975
$15,000
$15,000
$10,000
$15,000
6711 TRAVEL EXPENSE
$0
$250
$250
$250
$250
6721 EDUCATION & TRAINING
$0
$250
$250
$500
$500
6731 PUBLIC NOTICES -ADVERTISING
$0
$0
$0
$0
$0
6735 PROMOTION EXPENSE
$20,875
$22,000
$22,000
$30,000
$27,500
6753 LEGAL EXPENSE
($273)
$10,000
$10,000
$10,000
$12,500
6761 DUES, PUBLICATIONS, PERMITS &
$0
$550
$550
$250
$250
LICENSES
6783 TELECOM
$0
$0
$0
$0
$0
6789 DEBT -SERVICE PRINCIPAL
$78,000
$79,000
$79,000
$80,000
$82,000
67901NTERESTEXPENSE
$60,201
$59,975
$59,975
$58,160
$56,325
6799 OTHER SERVICES -MISC.
$42,500
$42,500
$62,500
$65,000
$48,000
SERVICES TOTAL
$218,279
$229,525
$249,525
$254,160
$142,325
6921 BUILDINGS & IMPROVEMENTS
$0
$0
$0
$0
$0
6941 OTHER CAPITAL EXPENDITURES
$36,550
$20,000
$0
$60,000
$100,000
CAPITAL EXPENDITURES TOTAL
$36,550
$20,OOD
$0
$60,000
$100,000
89-825ETOTAL $255,023 $250,525 $250,525 $315,010 $343,275
ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
ADOPTING THE FY 2014-2015 FISCAL YEAR BUDGET
WHEREAS, to be effective October 1, 2014, the Anna Community Development
Corporation (the "CDC') and subject to approval of the City of Anna City Council, the
Board of directors of the CDC desires to approve and adopt the CDC budget for the
2014-15fiscal year;
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. Adoption of Fiscal Year 2014-15 Budget
The CDC Board of Directors hereby approves adopting the Anna Community
Development Corporation current fiscal year budget as set forth in Exhibit A, attached
hereto and incorporated herein for all purposes as if set forth in full, subject to approval
by the City of Anna City Council.
PASSED AND APPROVED by the Anna Community Development Corporation this
day of 12014.
APPROVED:
John Houcek, CDC President
ATTEST:
, CDC Secretary
CDC OF ANNA, TEXAS RESOLUTION NO._ PAGE 1 OF 1
Meeting: August 7, 2014
Staff Contact: Jessica Perkins
Exhibits: X Yes No
Item No. 9
Anna
Community Development
Corporation Agenda Staff Report
AGENDA SUBJECT: CLOSED SESSION (exceptions):
a. Deliberate regarding the purchase, exchange, lease or value of real
property. (Tex. Gov't Code §551.072) possible property acquisition; possible land
sale/purchase;
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
COMMUNITY
DEVELOPMENT
CORPORATION
Meeting: August 7, 2014
Staff Contact: Jessica Perkins
Exhibits: X Yes No
Item No. 10
Anna
Community Development
Corporation Agenda Staff Report
AGENDA SUBJECT: Consider/Discuss/Action regarding approving the minutes from
May 1, 2014 and June 5, 2014.
SUMMARY: n/a
STAFF RECOMMENDATION: Staff recommends you approve.
MINUTES OF MEETING OF THE
' ANNA COMMUNITY DEVELOPMENT CORPORATION
Thursday, May 1, 2014
.- -'
V1 i CWH m
CUP' or-nTe ;,i
corzror�nno��i
The Anna Community Development Corporation ("CDC') of the City of Anna met at 5:00 p.m.,
on Thursday, May 1, 2014, at the Anna City Hall Administration Building, 111 North Powell
Parkway (Hwy. 5), and Anna, Texas, to consider the following items.
1. Call to Order.
John Houck called the meeting to order at 5:01 p.m. Roll call was taken and a quorum
was established.
2. Roll Call and Establishment of Quorum.
Directors present were: Alonzo Tutson, John Houcek, John Beazley, Connie Stump,
Sherilyn Godfrey (5:05), Lee Miller, and Michael Williams.
Directors in abstention: None
Guests: Rob Woods, Public Works Director
Others in attendance: Philip Sanders, City Manager; Jessica Perkins, Chief
Administrative Officer ("CAO"); and Clark McCoy, attorney for CDC.
3. Invocation and Pledge.
Skipped.
4. Consider/Discuss/Action passing a resolution authorizing an amendment to the
current fiscal year budget.
The CDC seeks to amend its budget due to additional funds needed in the "Capital
Expenditures" line to retrofit the splash pad at Slayter Creek Park to a recirculating
system. The project is to done by June 1, 2014. A motion was made by Connie Stump
to adopt the Resolution regarding the approval of and authority to amend the FY 2013-
2014 fiscal year budget. The motion was seconded by Michael Williams.
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.
05-01-2014 CDC Minutes.doe
5. Consider and Discuss taking applications for the Revolving Loan Fund loan
program.
In 2009, CDC was the recipient of a $99,900 grant from the USDA; and Image Vision
received the first loan and is presently paying back the monies owed. There is approx.
$50,000 available to loan to another local entity and a review committee needs to be to
appointment to advertise and select a new loan recipient. Clark McCoy remarked that
there is no penalty in paying back the loan early. The interest on the loan is approx. two
percent (2%).
6. Closed Session.
a. Discuss or deliberate the purchase, exchange, lease, or value of real property
(Tex. Gov't Code §551.072).
b. 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).
John Houcek read the foregoing into the record. Connie Stump made a motion to move
to Closed Session that was seconded by Michael Williams. Motion passed and the
Board entered into Closed Session at 5:04 p.m. After discussing the business at hand,
Alonzo Tutson made a motion to adjourn Closed Session and return to Open Session.
John Beazley seconded the motion. Motion passed, and Closed Session was adjourned
on Thursday, May 1, 2014 at 6:01 p.m.
Consider/Discuss/Action regarding approving the minutes from April 3, 2014.
Sherilyn Godfrey made a motion to approve to minutes as written. John Beazley
seconded the motion. Motion passed.
8. Review of the current fiscal year budget.
Jessica Perkins attached a copy of the current fiscal year for the benefit of the Directors.
[THIS SPACE INTENTIONAL LEFT BLANK]
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 legallyjustified 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.
05-01-2014 CDC Minutes.doc
9. Adjourn.
Michael Williams made a motion to adjourn the meeting. Lee Miller seconded the
motion and the meeting was adjourned at 6:12 p.m.
APPROVED:
John Houcek
President of CDC
ATTESTED:
Sherilyn Godfrey
Secretary of CDC
I. The Corporation may vote and/or act upon each of the items listed in this agenda.
2. The Corporation reserves the right to t'etire 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.
05-01-2014 CDC Minutes.doc
MINUTES OF MEETING OF THE
ANNA COMMUNITY DEVELOPMENT CORPORATION
ti�i t Thursday. June g: 2014
The Anna Community Development Corporation ("CDC") of the City of Anna met at 5:00 p.m.,
on Thursday, June 5, 2014, at the Anna City Hall Administration Building, 111 North Powell
Parkway (Hwy. 5), Anna, Texas, to consider the following items.
Call to Order.
John Houcek called the meeting to order at 5:02 p.m. Roll call was taken and a quorum
was established.
2. Roll Call and Establishment of Quorum.
Directors present were: Alonzo Tutson, John Houcek, Connie Stump, Sherilyn Godfrey,
Lee Miller, and Michael Williams.
Directors in abstention: None
Others in attendance: Jessica Perkins, Chief Administrative Officer ("CAO"); and Clark
McCoy, attorney for CDC.
3. Invocation and Pledge.
The prayer was offered by John Houcek. He also led the Board in saying the Pledge of
Allegiance.
4. Consider/Discuss/Action regarding accepting John Beazley's resignation from the
board.
John Beazley resigned from the Board due to his election to the City
Council, Place 3. Connie Stump made a motion to accept his resignation. Sherilyn
Godfrey seconded the motion. Motion passed.
5. Consider and discuss the fiscal year 2014-2015 proposed budget.
Attached to the Board's meeting packet was the 2013-2014 and proposed 2014-2015
CDC budget with line item detail. Fiscal year 2015-2016 is also being framed. Jessica
Perkins commented on the approx. amount of sales tax to be received in the future. It is
anticipated that this amount will always be a steady increase to be used by CDC for
community growth projects. Three part-time people were added to the City's
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.
06-05-2014 CDC Minutes.doc
maintenance crew because of the additional park work. Funds for the additional park
workers was easily accommodated in the 2013-2014 budget.
6. Consider and discuss placing an ad in the Dallas Cowboys Publication for the
2014-2015 Season Program.
The Board was in favor of placing a one-fourth (1/4) page ad in the publication. At a
twenty percent (20%) discount, the ad will cost $2800. The expenditure will be split
between the EDC and CDC boards.
7. Closed Session.
a. Discuss or deliberate the purchase, exchange, lease, or value of real property
(Tex. Gov't Code §551.072).
b. 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).
John Houcek read the foregoing into the record. Sherilyn Godfrey made a motion to
move to Closed Session that was seconded by Lee Miller. The motion passed and the
Board entered into Closed Session at 5:18 p.m. After discussing the business at hand,
Michael Williams made a motion to adjourn Closed Session and return to Open Session.
Sherilyn Godfrey seconded the motion. The motion passed and Closed Session was
adjourned on Thursday, May 1, 2014 at 5:31 p.m.
8. Consider and Discuss regarding passing a resolution approving an Incentive
Agreement for new economic development with Q Seminole Anna Town Center,
L.P.
Tabled.
9. Consider/Discuss/Action regarding approving of minutes of May 1, 2014.
Tabled.
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.
06-05-2014 CDC Minutes.doc
10. Adjourn.
Lee Miller made a motion to adjourn the meeting. Michael Williams seconded the
motion and the meeting was adjourned at 5:38 p.m.
APPROVED:
John Houcek
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.
06-05-2014 CDC Minutes.doe