Min - Economic Development Corporation - 2016 - 10/12 - CalledBoard
Michael Schaeffer
Chris SchuImeister
Jeff Burkhardt
Joey Herald
Tim Latinas
BOARD OF DIRECTORS1 MEETING
WEDNESDAY, OCTOBER { 6
Staff
Daniel Bowman
David Ellis
Melissa Dixon
Pete Smith
Guests
David Gordon
Eric Cannon
Kristen Savant
With a quorum of the Board present with members Michael Schaeffer, Chris Schulmeister, Jeff
Burkhardt, Joey Herald and Tim Latinas in attendance, the Special Called Meeting of the Allen
1 1.
1. Consider all matters incident and related to the issuance and sale of "Allen Economic
Development Corporation Sales Tax Revenue Refunding Bonds, Series 2017A", including the
adoption of a resolution authorizing the issuance of such bonds establishin arameters for the
sale and issuance of such bonds and dele atin certain matters to authorized officials
David Gordon of Estrada Hinojosa and Eric Cannon, City of Allen CFO, presented a proposal to
modify existing AEDC bond debt and issue new debt. The AFDC Board discussed the matter.
On a motion by Joey Herald, seconded by Jeff Burkhardt, the Board unanimously moved to adopt the
Resolution authorizing the issuance of "Allen Economic Development Corporation Sales Tax Revenue
Refunding Bonds, Series 2017A", establishing parameters for the sale and issuance of such bonds and
delegating certain matters to authorized officers of the Corporation.
2. Consider all matters incident and related to the issuance and sale of "Allen Economic
Development Corporation Sales Tax Revenue Refunding Bonds. Series 2017B", including the
adoption of a resolution authorizing the issuance of such-bonds...establishing parameters for the
sale and issuance of such bonds and delegating certain matters to authorized officials
On a motion by Chris Schulmeister, seconded by Jeff Burkhardt, the Board unanimously moved to
adopt the Resolution authorizing the issuance of "Allen Economic Development Corporation Sales
Tax Revenue Refunding Bonds, Series 2017B", establishing parameters for the sale and issuance of
such bonds and delegating certain matters to authorized officers of the Corporation.
AEDC Meeting Minutes
October 2016 - pag]
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ffer, President Chris Sc �u`l�ei ter, Vice President