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HomeMy WebLinkAbout2006-08-03 EDC Meeting Minutes08-03-06 Minutes EDC.doc 1 08-03-06 MINUTES OF REGULAR MEETING OF ANNA ECONOMIC DEVELOPMENT CORPORATION AUGUST 3, 2006 7:00 P.M. INDEPENDENT BANK COMMUNITY ROOM, 101 S. POWELL PARKWAY, ANNA, TEXAS The Economic Development Corporation of the City of Anna conducted its regular meeting at 7:00 p.m., Thursday, August 3, 2006, at the Independent Bank Community Room, 101 S. Powell Parkway, to consider the following items: 1. Call to Order and Establishment of Quorum. Vice-President John Rattan called the meeting to order at 7:10 p.m. Jeremy Hersom, Richard Pennington, Robert Hamilton and John Rattan were present. Jason Cottrill was absent. 2. Citizen comment. None. The Board went into executive session at 7:15 p.m. 3. EXECUTIVE SESSION: Under terms of Chapter 551 of Texas Government Code the board may enter into CLOSED SESSION or Executive Session to deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations or to deliberate the purchase, exchange, lease or value of real property because such deliberations in an open meeting would have a detrimental effect on the board’s position in negotiations with third persons (Government Code, Chapters 551.072, 551.087). Return to open session. The Board returned to open session at 7:21 p.m. 4. Discuss and take action as desired on items discussed in Executive Session. No action taken. 08-03-06 Minutes EDC.doc 2 08-03-06 5. Discuss and take action as desired regarding Health Care Management Network. City Manager Lee Lawrence brought members up to date on his communication with Health Care Management Network. Mr. Lawrence stated that they had 5 or 6 doctors wishing to participate in a clinic and wanted to purchase enough acreage (about 20 acres) to allow for construction of a small hospital in a few years. 6. Discuss and take action as desired regarding participation in Atmos Energy natural gas line extension. City Manager Lee Lawrence stated that the City would like the Anna EDC to help with the cost of installing the natural gas line extension along FM 455, under Hwy 75 to the service road on the West side. At $50,000.00 for a 10 year note at 6 1/2% interest, the pay back per year would be $8,700.00. Mr. Lawrence answered questions from the members. Mr. Hamilton made the motion to help fund the ATMOS Energy natural gas line extension for $50,000.00 plus interest for 10 years. Mr. Hersom seconded the motion. Motion passed unanimously. 7. Staff report(s). City Manager Lee Lawrence showed members a site plan for the Brookshires Grocery Company store location and talked about a drainage issue on the property. Members had questions for Mr. Lawrence on the adjacent Mann property and he advised them that the City had bought the 20 acres for a park. 8. Consider approval of Minutes of meeting of July 10, 2006. Mr. Hamilton made the motion to approve the minutes. Mr. Hersom seconded the motion. Motion passed unanimously. 9. Consider approval of payment of bills. Mr. Pennington made the motion to approve payment of the bills. Mr. Hersom seconded the motion. Motion passed unanimously. 10. Adjourn. There being no further business, the meeting was adjourned at 8:06 p.m. 08-03-06 Minutes EDC.doc 3 08-03-06 ATTEST: APPROVED: _______________________ __________________________ Natha Wilkison, City Secretary John Rattan, Vice-President