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HomeMy WebLinkAboutCDCpkt2016-08-04(,Kl "'� COMMUNITY DEVELOPMENT CORPORATION August 4, 2016 Meeting Packet MEETING AGENDA ANNA COMMUNITY DEVELOPMENT CORPORATION August 4, 2016 at 5:00 p.m.' 'j ANNA CITY HALL ADMINISTRATION BUILDING, COMMUNITY 111 N. POWELL PKWY., ANNA, TEXAS DEVELOPMENT CORPORATION The Anna Community Development Corporation will conduct a meeting at 5:00 a.m.' on August 4, 2016, at the Anna City Hall Administration Building, 111 N. Powell Parkway, to consider the following items: 1. Call to Order. S Y 1111( r 2. Roll Call and Establishment of Quorum. 3. Invocation and Pledge. 4. Public hearing: for the Board of Directors to hear public comments regarding a cli V project and the expenditure of funds for acquiring land in the southern portion of I�C�Y the City, north of the Collin County Outer Loop, to be made suitable for industrial or commercial development, in order to sell or lease such land to new or expanding J t businesses, in order to promote new or expanded /business development within i and near the City. /, r, I,y) f () � , 5.s Presentation from First Southwest regarding funding options for proposed land purchase. rr 6. Consider/Discuss/Action adopting a resolution approving a financial advisory agreement with First Southwest a Division of Hilltop, Services. �0 7. Consider/Discuss/Action adopting a resolution amending the current fiscal year budget 2015-2016. 8. Consider/biscuss/Action adopting a resolution for the purchase of equipment for thg parks department. 9. CLOSED SESSIOW(exceptions): a. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov't Code §551.072) land 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 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); land; JI 10. Review of proposed fiscal year 2017 budget. 11. Consider/Discuss/Action adopting a resolution of the Board of Directors of the Anna Community Development Corporation directing publication of notice of projects and public hearing for fiscal year 2017 Pudget. //gip 12. Consi er/Discuss/Action regarding minutes from June 14, 2016 and July 7, 2016. 13. Adjourn. 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 Hall bulletin board at or before 5:00 p.m. on August 1, 2016. �.l,Cw-I—fi�l.y - • � J s ca Perkin , C ief Administrative Officer IMPORTANT LEGAL NOTICE: The Corporation may vote andlor 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. COMMUNITY DEVELOPMENT CORPORATION Meeting: August 4, 2016 Staff Contact: Jessica Perkins Item No. 4 Anna Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Public hearing: for the Board of Directors to hear public comments regarding a project and the expenditure of funds for acquiring land in the southern portion of the City, north of the Collin County Outer Loop, to be made suitable for industrial or commercial development, in order to sell or lease such land to new or expanding businesses, in order to promote new or expanded business development within the City. SUMMARY: Conducting a public hear is standard procedure when undertaking a project by a Type B corporation. STAFF RECOMMENDATION: conduct the public hearing stating time open and closed. DEVELOPMENT CORPORATION Meeting: August 4, 2016 Staff Contact: Jessica Perkins Item No. 5 L Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Presentation from First Southwest regarding funding options for proposed land purchase. SUMMARY: First Southwest serves as the financial advisors to the city and the boards. They will review the proposed plan of the finance for the land purchase. STAFF RECOMMENDATION: n/a. Meeting: August 4, 2016 Staff Contact: Jessica Perkins Item No. 6 Anna Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Consider/Discuss/Action adopting a resolution approving a financial advisory agreement with First Southwest a Division of Hilltop Services. SUMMARY: First Southwest serves as the financial advisors to the city and the boards, however, the boards have yet to approve a professional's services agreement solidifying the professional relationship. STAFF RECOMMENDATION: Staff recommends you approve. ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION AUTHORIZING PROCUREMENT OF PROFESSIONAL FINANCIAL CONSULTING SERVICES FROM FIRST SOUTHWEST A DIVISION OF HILLTOP INVESTMENTS WHEREAS, the Anna Community Development Corporation (the "CDC") desires to authorize their Chief Administrative Officer to procure the professional financial services of First Southwest a Division of Hilltop Investments, and WHEREAS, the CDC has determined that the above -referenced services, further described in Exhibit A, are in the best interests of the CDC and will promote community development in the City of Anna; 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 with First Southwest a Division of Hilltop Investments as further described in Exhibit A, for professional financial consulting services, 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 12016. APPROVED: John Houcek, CDC President ATTEST: Sherilyn Godfrey, CDC Secretary ANNA CDC RESOLUTION NO._ PAGE 1 OF 1 COMMUNITY DEVELOPMENT CORPORATION Meeting: August 4. 2016 Staff Contact: Jessica Perkins Item No. 7 Anna Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Consider/Discuss/Action adopting a resolution amending the current fiscal year budget 2015-2016. SUMMARY: The current fiscal year needs funds moved into the contract services line item to cover costs associated with the land purchase. The budget also needs to include the cash contribution for the land purchase in the amount of $375,000. STAFF RECOMMENDATION: Staff recommends you approve. ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION REGARDING THE APPROVAL OF AND AUTHORITY TO AMEND THE FY 2015-2016 FISCAL YEAR BUDGET WHEREAS, effective October 1, 2015, the Anna Community Development Corporation (the "CDC') with the approval of the City of Anna City Council executed its current fiscal year budget; and WHEREAS, the CDC seeks to make a line item amendment to its budget due to additional funds needed in the contract services line item and land line item. NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Adoption of Amendment to the Current Fiscal Year Budget The CDC Board of Directors hereby approves amending the Anna Community Development Corporation current fiscal year budget as set forth in Exhibit A, amended budget, attached hereto and incorporated herein for all purposes as if set forth in full. PASSED AND APPROVED by the Anna Community Development Corporation this day of 12016. APPROVED: John Houcek, CDC President ATTEST: Sherilyn Godfrey, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 1 OF 1 G� g W � 11 Ll 88 � O ogg Ooo Ooo Ogg Oou� Odb n O'. OI O'vr prom C?9 m oO C O 1.00 c Q in ? S a a C W N' 10 ¢ N m 6 N vae o$ vo o 0 w 8 U U p 2 m c m m }Q� W c' N m A N LL 7 d Nim "'gym C ' U33�a Q y `0 2It ~3 N U¢¢ UI4 O O 00 tO NbNNN 0 a O O O ' v`�9- �yWp wPPWCJNr �yMp �yMp yN��O 1�M�Wp O imp ym M CI pb 1` N N M�I`Yf M 1� M.- (O � �NpY (9 f9 CV _q9 m _ o g y g lO CMJ00 =� 04 n nrvoSn n m g o m cigo.- 6 oio�n ,Fi N ' bVii m �1 C C b a ti C 2 LiL 60 z°z9jj�00 3333y3y U h 0 rn nt�V ����qqJ[ NNyN N.NY !llz y�Qry 0000 0 Y1 N v C7 M Efl N NM ei N W W N m m g N §gg M O O i2mo w M 8 m 0 N m b$x 0,y� N c y E N Z d m 'ctln Nv d e 1p a j�q a9 y9 C � �o da 8 v G'EO `� Om v�7 NN�cira C1 b COMMUNITY DEVELOPMENT CORPORATION Meeting: August 4, 2016 Staff Contact: Jessica Perkins Item No. 8 Anna Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Consider/Discuss/Action adopting a resolution for the purchase of equipment for the parks department. SUMMARY: Staff is requesting to purchase a truck, mower, blower, trailer, generator and saw for the parks department. This equipment is necessary to replace some worn-out equipment as well as improve the efficiency of maintaining the many acres of parkland. STAFF RECOMMENDATION: Staff recommends you approve the resolution. ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION APPROVING AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR EQUIPMENT FOR THE PARKS DEPARTMENT WHEREAS, the Anna Community Development Corporation (the "CDC") wishes to expend funds for equipment for the Parks Department to include a Truck, Mower, Blower, Trailer, Generator, and Saw; and WHEREAS, the CDC intends that said funds be used solely for the purchase of the equipment further detailed in Exhibit A. 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 Funding The CDC hereby authorizes the Chief Administrative Officer to charge the CDC's other capital expenditures line item in the amount of no more than $ 55,000 for the equipment further detailed in Exhibit A attached hereto. PASSED AND APPROVED by the Anna Community Development Corporation this day of 2016. APPROVED: John Houcek, CDC President ATTEST: Sherilyn Godfrey, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO._ PAGE 1 OF 1 Exhibit A Park Equipment for The City of Anna Type: Buyboard/ # of Quotes: Cost: Notes: 2016 Ford F150 Buyboard $ 30,142 Replacing the current 2001 FiSO Model John DeerZ930M (Zero Turn Mower) Buyboard $ 8,107 Gas Engine/60"Deck Buffalo KB4 Turbine Debris Blower Buyboard $ 7,213 30 HP Kolher Engine/Wireless controller/360 Deg Nozzle/Trailer Mount 16' Dump Trailer 3 Quotes $ 7,600 Load Trail/4' Sides Portable Honda Generator 13 Quotes $ 1,100 STIHL Pole Saw 13 Quotes $ 584 ITree Maintenance Total Cost: $ 54,746 CORPORATION Meeting: August 4, 2016 Staff Contact: Jessica Perkins 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) land; Simply Floor It. SUMMARY: n/a STAFF RECOMMENDATION: n/a COMMUNITY DEVELOPMENT CORPORATION Meeting: August 4, 2016 Staff Contact: Jessica Perkins Item No. 10 Anna Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Review of proposed fiscal year 2017 budget. SUMMARY: Staff has prepared a fiscal year budget for your review. STAFF RECOMMENDATION: no recommendation at this time General Debt Sorvice Utility Capital Component Supplemental Overview Fund Fund Fund Improvements Units Information Anna CDC Revenue EDC Revenue ACTUAL ACTUAL BUDGET ESTIMATE PROPOSED % CHANGE SALES TAX $368,308 $350,000 $375,000 $375,000 7.14% INTEREST $2,578 $2,500 $2,500 $2,500 0.00% XFER FROM EDC $0 $0 $0 $161,000 N/A REVOLVING LOAN FUND $35,910 $0 $0 $0 N/A TOTAL $406,796 $352,500 $377,500 $538,500 52.77% EDC Revenue ACTUAL BUDGET ESTIMATE PROPOSED % CHANGE SALES TAX $368,308 $350,000 $375,000 $375,000 7.14% INTEREST $2,380 $2,500 $3,500 $1,500 -40.00% RENTAL REVENUE $30,000 $30,000 $15,950 $22,500 -25.00% TOTAL $400,688 $382,500 $394,450 $399,000 4.31% OO O olo 0 0 0 o g g g S o 0 D o n oln o 0 O N V e' 4 O m m N N 4 O N O NV N N N ei m N N N O O m O m O O Vf N 1/1 1I� V1 N N O O O N O 0 0 0 0 0 0 m 0 0 O m e9 VF Vf V1 1'I N O 1/1 N N N O O V1 V1 V1 N N N m N b 1-I b N b u Q d' M VW1 I W a/Y V N 1011 N O O 1011 U1 N M 00 V 0 F N lrt N � N N M eN-1 N N W Yb1 W 1{Ju V! 1/1 N V1 V1 111 m a 0 LQ O Z m U m � O m 0 m Z u w Z w w F a w w O w w Q u '^ � m N O Q O O opc O O Z O O W O ti N M M IMh 1m11 Ib11 b Z W Wm O pml O� W b b N lnD N N N N 1nO i N N tn0 b o C; 0 o zu d N O O O O m N N N N V1 M uNi n N S voi y $ m 99 N X 9 � X pn 1y p^ v M N ei N 0 1bi1 0 8 0 N 00 0 0 S 1ai1 m S o o 0 o n O ri c V 11N1 0 0 o vi o 0 0 n 0 0 0 0 o w m 0 0 0 10 1!1 N w ei M N 111 N e4 N 01rf1I1l 0 OaO 0 0 mt0O m OM m 0 o m aQ m NO N Y1 N O V1 O iI� N � 'tA V! V1 N N N N N 1q0 N a OO O olo 0 0 0 o g g g S o 0 D o n oln o 0 O N V e' 4 O m m N N 4 O N O NV N N N ei m N N N O O m O m O O Vf N 1/1 1I� V1 N N O O O N O 0 0 0 0 0 0 m 0 0 O m e9 VF Vf V1 1'I N O 1/1 N N N O O V1 V1 V1 N N N m N b 1-I b N b u Q d' M VW1 I W a/Y V N 1011 N O O 1011 U1 N M 00 V 0 F N lrt N � N N M eN-1 N N W Yb1 W 1{Ju V! 1/1 N V1 V1 111 m a 0 LQ O Z m U m � O m 0 m Z u w Z w w F a w w O w w Q u '^ � m N O Q O O opc O O Z O O W O ti N M M IMh 1m11 Ib11 b Z W Wm O pml O� W b b N lnD N N N N 1nO i N N tn0 b o C; 0 o zu d N O O O O m N N N N V1 M uNi n N S voi y $ m 0N� N h H N pn 1y p^ v M N ei N 0 S 0 N N W S V1 10D N V 11N1 N COMMUNITY DEVELOPMENT CORPORATION Meeting: August 4, 2016 Staff Contact: Jessica Perkins Item No. 11 Anna Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Consider/Discuss/Action adopting a resolution of the Board of Directors of the Anna Community Development Corporation directing publication of notice of projects and public hearing for fiscal year 2017 budget. SUMMARY: It is standard procedure for CDC (type b) corporations to publish notice in the newspaper of intended projects for the upcoming fiscal year. This year staff is recommending that in addition to publishing notice of intended projects for FY 17, that we also hold a public hearing and formally pass a resolution documenting that public notice was formally acted on by the corporation. STAFF RECOMMENDATION: Staff recommends you approve. ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. RESOLUTION DIRECTING PUBLICATION OF NOTICE OF PROJECTS AND PUBLIC HEARING FOR THE FISCAL YEAR BUDGET 2016-2017 WHEREAS, the Board of Directors of the Anna Community Development Corporation (the "Corporation"), created by the City of Anna, Texas (the "City"), in accordance with Article 5190.6, V.A.T.C.S., Section 413, Government Code, Chapter 505 (the "Act") the best interests of the Corporation to give undertake the following projects: and now operating under Texas Local has determined that it is advisable and in notice of the intention of the Corporation to land and building improvements, equipment purchases, park facilities and improvements, capital expenditures, targeted infrastructure, site improvements, promotional expenditures, engineering and/or legal services, administrative services, and other purposes permitted by law, in order to provide improved community development and/or to promote new or expanded business enterprises for the benefit of the public. The costs of the Projects are estimated not to exceed $375,000, including but not limited to the specific projects or general types of projects set forth in the Anna Community Development Corporation's 2016-17 fiscal year budget. The Projects will be financed and/or paid from the proceeds of sales tax revenue and other resources of the Corporation. WHEREAS, such projects are authorized pursuant to Section 505.158, Texas Local Government Code; 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 BOARD OF DIRECTORS OF ANNA COMMUNITY DEVELOPMENT CORPORATION: Section 1. FORM OF NOTICE. Attached hereto is a form of Notice of Project and the form and substance of which are hereby adopted and approved. Section 2. PUBLICATION OF NOTICE OF PROJECTS AND PUBLIC HEARING. Said Notice shall be published, in substantially the form attached hereto, in a newspaper, as defined in Texas Government Code Sec. 2051.044, of general CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 1 OF 3 circulation in the area of the City of Anna, Texas and shot,11 incl de no ice of the public hearing on the projects to be held on the _� day of l r, 2016. Section 3. EFFECTIVE DATE. This Resolution shall become effective immediately upon adoption. PASSED AND APPROVED by the Anna Community Development Corporation this day of 2016. APPROVED: CDC President, John Houcek ATTEST: CDC Secretary, Sherilyn Godfrey CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 2 OF 3 ANNA COMMUNITY DEVELOPMENT CORPORATION NOTICE OF PROJECTS NOTICE IS HEREBY GIVEN THAT the Anna Community Development Corporation (the "Corporation"), a non-profit corporation created pursuant to the Development Corporation Act of 1979, Article 5190.6, Vernon's Texas Civil Statues, Section 4B, and now operating under Texas Local Gov't Code, Chapter 505 (the "Act"), intends to make expenditures of funds for certain projects (the "Projects'). The Projects will be financed and/or paid from the proceeds of sales tax revenue and other resources of the Corporation. The Projects shall include: land and building improvements, equipment purchases, park facilities and improvements, capital expenditures, targeted infrastructure, site improvements, promotional expenditures, engineering and/or legal services, administrative services, and other purposes permitted by law, in order to provide improved community development and/or to promote new or expanded business enterprises for the benefit of the public. The costs of the Projects are estimated not to exceed $375,000, including but not limited to the specific projects or general types of projects set forth in the Anna Community Development Corporation's 2016-17 fiscal year budget. ANNA COMMUNITY DEVELOPMENT CORPORATION CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 3 OF 3 lelofflaflawflol Meeting: August 4, 2016 Staff Contact: Jessica Perkins Item No. 12 Community Development Corporation Agenda Staff Report AGENDA SUBJECT: Consider/Discuss/Action regarding minutes from June 14, 2016 and July 7, 2016. SUMMARY: n/a STAFF RECOMMENDATION: Staff recommends you approve. SPECIAL JOINT MEETING AGENDA ANNA ECONOMIC DEVELOPMENT CORPORATION And ANNA COMMUNITY DEVELOPMENT CORPORATION Thursday, June 14, 2016 AT 5:00' ANNA CITY HALL 111 N. POWELL PKWY., ANNA, TEXAS The Anna Community Development Corporation ("CDC') of the City of Anna met at 5:00 p.m., on Tuesday, June 14, 2016, at the Anna City Hall Administration Building, 111 North Powell Parkway (Hwy. 5), and Anna, Texas. Call to Order John Houcek, President, called the meeting to order at 5:25p.m., and after roll call and the establishment of a quorum, the following items were presented to the Directors for their consideration. 2. Roll Call and Establishment of Quorum. Directors in attendance: John Houcek, Connie Stump, Brent Thomas, and Alonzo Tutson. Directors in Abstention: Doug Hermann, Michael Williams. A quorum was declared present and the floor was open for business. Others in attendance: Clark McCoy, legal counsel for CDC; Jessica Perkins, Chief Administrative Officer; and Sherilyn Godfrey, Secretary. In recognition of Flag Day, the Pledge of Allegiance was recited. 3. Presentation from First Southwest regarding funding options for proposed land purchase. Jessica Perkins introduced Andre Ayala from First Southwest. He proceeded to outline the funding options available for financing the land purchase. 1 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 Community 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 si considered necessary and legally justified under the Opening Meetings Act. Disable 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. 4. Consider/Discuss/Action regarding adopting a resolution of the Board of Directors of the Anna Community Development Corporation directing publication of notice of projects and notice of public hearing. Jessica Perkins informed the Board about the legal requires' necessary to giving notice of a project/expenditure by conducting a public hearing. John Houcek made a motion to adopt the resolution authorizing the CAO to proceed with the publication. Brent Thomas seconded the motion. Motion passed all. 5. Adjourned. Brent Thomas made a motion to adjourn. Alonzo Tutson seconded the motion and the meeting adjourned at 5:56 p.m. APPROVED: John Houcek President of CDC ATTESTED TO: Secretary for EDC and CDC APPROVED: Constance Ann Stump President of EDC 1 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 Community 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 sl considered necessary and legally justified under the Opening Meetings Act. Disable 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. MINUTES OF REGULAR MEETING OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION Thursday, July 7, 2016 The Anna Community Development Corporation ("CDC") of the City of Anna met at 5:00 p.m., on Thursday, July 7, 2016, at the Anna City Hall Administration Building, 111 North Powell Parkway (Hwy. 5), Anna, Texas. Call to Order John Houcek, President, called the meeting to order at 5:00pm p.m., and after roll call and the establishment of a quorum, the following items were presented to the Directors for their consideration. 2. Roll Call and Establishment of Quorum. Directors in attendance: John Houcek, Alonzo Tutson, Brent Thomas, Connie Stump, Michael Williams, Doug Hermann, and the newest board member, Nate Pike. Directors in Abstention: All directors were present. A quorum was declared present and the floor was open for business. Others in attendance: Clark McCoy, legal counsel for CDC; Jessica Perkins, Chief Administrative Officer; and Sherilyn Godfrey, secretary. 3. Invocation and Pledge. John Houcek gave the invocation and led the group in the Pledge of Allegiance. 4. Introduce new board member. Nate Pike was introduced to the current board members. At an earlier date, Mr. Pike was given the oath of office by the City Secretary. Mr. Pike gave a synopsis of his personal and business background, including a statement that he is ready to make a commitment to the city as evidenced by moving here in 2012 and building a house in Anna Town Square. The Board congratulated him on his appointment. '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 Community Development Corporation. IMPORANT 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 person who want to attend the meeting and 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. 07-07-2016 Reg CDC Meeting — Page - 1 5. Introduce new Greater Anna Chamber of Commerce ("Chamber") Director. Kevin Hall is a long-time resident of this area and currently lives outside the city limits of Anna. He has served on the Chamber board for three years, including the position of treasurer. Mr. Hall wants to focus on retention of members and developing the Chamber as a resource to encourage buying in Anna. He outlined his future goals for the organization, including finding a larger facility for a Chamber office. The Chamber looks forward to the Board continuing its sponsorship of community activities. 6. Consider/Discuss/Action regarding electing new officer appointments. John Houcek opened the floor for nominations John Houcek was nominated to continue his position as president by Michael Williams. The nomination was seconded by Brent Thomas. Before the vote, Connie Stump nominated Alonzo Tutson as president, but he declined. A vote was taken and John Houcek was unanimously re-elected president. Brent Thomas nominated Alonzo Tutson to continue serving as vice-president. John Houcek seconded the nomination. In accepting the nomination, Mr. Tutson stated that "he was honored to continue serving as vice-president." Said nomination passed unanimously. Doug Hermann nominated Jessica Perkins to continue her service as treasurer. Alonzo Tutson seconded the motion. Said nomination passed unanimously. Connie Stump nominated Sherilyn Godfrey to continue her service as secretary, a position that she has held for approx. ten years. Nate Pike seconded the nomination. Said nomination passed unanimously. The floor for nominations was closed '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 Community Development Corporation. IMPORANT 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 person who want to attend the meeting and 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. 07-07-2016 Reg CDC Meeting — Page - 2 7. Presentation from First Southwest regarding funding options for proposed land purchase. No update. 8. Consider/Discuss/Action regarding approving a resolution authorizing the purchase of services from We Build Fun to re -install the shade canopy at Slayter Creek Park. The shade canopy was damaged by strong winds and rain during spring break. The manufacturer, Sun Ports, has replaced the custom-made canopy under warranty. The City removed the damaged canopy. However, the cost of installing the canopy is not covered under warranty. Brent Thomas made a motion to adopt the resolution authorizing the expenditure of funds not to exceed $2,500.00, for the installation services of We Build Fun to re -install the shade canopy at Slayter Creek Park and to authorize the CAO to charge the CDC's "Other Capital Expenditures" line item as further detailed in Exhibit "A." Doug Hermann seconded the motion. Motion passed. 9. Closed Session. a. Discuss or deliberate 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 government 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); agreement with Empowered Training Centre. Connie Stump made motion to move to Closed Session that was seconded by Brent Thomas. Motion passed and the Board entered into Closed Session at '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 Community Development Corporation. IMPORANP 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 person who want to attend the meeting and 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. 07-07-2016 Reg CDC Meeting — Page - 3 5:20 p.m. After discussing the business at hand, Doug Hermann made a motion to adjourn Closed Session and return to Open Session. Nate Pike seconded the motion. Motion passed, and Closed Session was adjourned on Thursday, July 7, 2016 at 6:09 p.m. 10. Consider and Discuss preliminary cost estimates for services related to the potential land purchase. No recommendations at this time. 11. Consider/Discuss/Action regarding minutes from June 2, 2016. Brent Thomas made a motion to accept the minutes as written. The motion was seconded by Michael Williams. Motion passed. 9. Adjourn. Alonzo Tutson made a motion to adjourn the meeting. Doug Hermann seconded the motion and the meeting adjourned at 6:15 p.m. I,1»:Zi1rl 4 John Houcek President of CDC ATTESTED: Sherilyn Godfrey Secretary of CDC '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 Community Development Corporation. IMPORANT 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 person who want to attend the meeting and 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. 07-07-2016 Reg CDC Meeting — Page - 4