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HomeMy WebLinkAbout2006-09-07 EDC Meeting Minutes Right Where You Want to Be. MINUTES OF REGULAR MEETING OF ANNA ECONOMIC DEVELOPMENT CORPORATION SEPTEMBER 7, 2006, 7:00 P.M. INDEPENDENT BANK COMMUNITY ROOM, 101 S. POWELL PKWY., ANNA, TEXAS The Economic Development Corporation of the City of Anna conducted its regular meeting at 7:00 p.m., Thursday, September 7, 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 7:00 p.m. Jeremy Hersom, Richard Pennington, Robert Hamilton and John Rattan was present. City Council liaison Billy was present. Jason Cottrill was absent. 2. Citizen comment. None 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. Did not go into executive session. 4. Discuss and take action as desired on items discussed in Executive Session. None 5. Discuss and take action on approving a $1,000.00 donation to the Anna Chamber of Commerce. Kimberly Luther with the Anna Chamber of Commerce was present and answered questions from EDC members. Members discussed the amount to donate. Member Richard Pennington made the motion to approve the $1,000.00 donation to the Chamber of Commerce. Robert Hamilton seconded the motion. Jeremy Hersom and John Rattan abstained from the vote due to being members of the board of the Anna Chamber of Commerce. Motion passes. AYE 2 NAY 0 ABSTAIN 2 6. Discuss and take action on having two (2) members plus the City Manager on the signature card to sign checks. Members discussed having two signatures on the signature card and having the two members who are in town all day and available to come by City Hall and sign checks. Jeremy Hersom made the motion to have Richard Pennington and Robert Hamilton on the signature cards. Member John Rattan seconded the motion. Motion passes. AYE 4 NAY 0 ABSTAIN 0 7. Discuss and take action on approval of the budget for Fiscal Year 2006- 2007. Members discussed each item of the budget. Members asked for the budget to be placed on the next meeting agenda. City Manager, Lee Lawrence was absent from this meeting and members had questions of the budget. 8. Staff report(s). None 9. Consider approval of Minutes of meeting of August 3, 2006. Member Jeremy Hersom made the motion to approve the minutes. Member Robert Hamilton seconded the motion. Motion passes. AYE 4 NAY 0 ABSTAIN 0 10. Consider approval of payment of bills. None 11. Adjourn. Member Robert Hamilton made the motion to adjourn at 7:32 p.m. Member Richard Pennington seconded the motion. Motion passes. AYE 4 NAY 0 ABSTAIN 0 ATTEST: APPROVED: _________________________ _________________________ Natha Wilkison, City Secretary John Rattan, Vice President