Min - Economic Development Corporation - 2019 - 03/20 - RegularBoard
Michael Schaeffer
Jeff Burkhardt
Tim Litinas
Baine Brooks
Peter Vargas
ALLEN ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS REGULAR MEETING
WEDNESDAY, MARCH 20, 2019
Staff
Daniel Bowman
David Ellis
Tracey CIine
Eileen Gonzales
Wayne Emerson
Nicole Bywater
Pete Smith
Call to Order and Announce a Quorum Present
Guests
Melanie Hughes
John DeRudder
Carl Clemencich
With members Michael Schaeffer, Jeff Burkhardt, Tim Litinas, and Baine Brooks in attendance, the
Regular Meeting of the Allen Economic Development Corporation (AEDC) Board of Directors was
called to order by President Schaeffer at 6:00 p.m. on Wednesday, March 20, 2019, at the Allen
Economic Development Corporation.
1. Approval of Minutes of the Regular AEDC Board Meeting on February 20 2019
On a motion by Baine Brooks, seconded by Tim Litinas, the Board unanimously approved the minutes
of the February 20, 2019 Regular AEDC Board Meeting.
2. Approval of Minutes of the Special Called AEDC Board Meeting on March 12 2019
On a motion by Baine Brooks, seconded by Tim Litinas, the Board unanimously approved the minutes
of the March 12, 2019 Special Called AEDC Board Meeting.
3. Review of AEDC Sales „and Use Tax Reports
Dan Bowman updated the Board on the AEDC Sales and Use Tax Reports.
4. Consider Approval of Termination of Economic Development Agreement with MonkeySports, Inc.
Dan Bowman updated the Board on the agreement with MonkeySports, Inc. On a motion by Jeff
Burkhardt, seconded by Michael Schaefer, the Board unanimously approved the Termination of the
Economic Development Agreement with MonkeySports, Inc.
AEDC Meeting Minutes
March 20, 2019 - Page 2
S. Consider Approval of Economic Development Agreement with Gorilla Technology (Americas) Inc
Dan Bowman update the Board on the agreement with Gorilla Technology (Americas) Inc. On a
motion by Jeff Burkhardt, seconded by Baine Brooks, the Board unanimously approved the Economic
Development Agreement with Gorilla Technology (Americas) Inc.
6. Convene into Closed Executive Session: Pursuant to Texas Government Code Section 551.087;
Deliberation of Economic Development Negotiations; To Deliberate Commercial and Financial
Information and Economic Incentives for the Following and Pursuant to Texas Government Code,
Section 551.072 Deliberation Regarding Real Property:
a. Consider Items Related to Development of Office/TechnoIogy Space on US 75
The Board convened into closed session at 6:18 p.m.
Reconvene into Open Session
The Board reconvened into open session at 6:34 p.m.
7. Actions Resulting from Executive Session
0 No action was taken.
8. Determine Next Regular Meeting Date
The next AEDC Board meeting was scheduled for Wednesday, April 17, 2019 at 6:00 p.m.
9. Discussion of Future Agenda Items
None.
10. Adjournment
On a motion by Baine Brooks, seconded by Tim Litinas, the meeting was adjourned at 6:35 p.m.
These Minutes approved this l 7"' day of April 2019.
Michael Schaeffer, Pres' ent
Tim Litinas, Secretary / Treasurer