Min - Economic Development Corporation - 2019 - 06/19 - Regular ALLEN ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS REGULAR MEETING
WEDNESDAY,JUNE 19, 2019
Board Staff Guests
Michael Schaeffer Daniel Bowman Dave Comette
Jeff Burkhardt David Ellis Alex Evans
Tim Litinas Tracey Cline Aling Lam
Baine Brooks Eileen Gonzales
Nicole Bywater
Joe Gorfida
Call to Order and Announce a Quorum Present
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, June 19, 2019 at the Allen
Economic Development Corporation office.
1. Amiroyal of Minutes of the Regular AEDC Board Meetiag-Qn Ma15,2019
y — _
On a motion by Tim Litinas, seconded by Baine Brooks, the Board unanimously approved the minutes
of the May 15, 2019 Regular AEDC Board Meeting with a noted correction to the list of attendees.
2. royal o i Utes o e ecia le oar d Meeting on June 8, 2019
On a motion by Baine Brooks, seconded by Tim Litinas, the Board unanimously approved the minutes
of the June 8, 2019 Special Called AEDC Board Meeting.
3. Review of Sales and Use Tax R
sports
The AEDC Board reviewed the AEDC Sales and Use Tax Reports.
4. Consider Approval of a Motion Ra e Director
Relan ng-tote Sale to Billi ngs-Productions-, Inc.
David Ellis updated on the AEDC Board on the project with Billings Productions, Inc.
On a motion by Tim Litinas, seconded by Baine Brooks, the Board unanimously approved a motion
ratifying and authorizing the acts of the Executive Director relating tote sale to Billings Productions,
Inc. or assigns of 4.334 acres out of Lot 1 A 1 R, Block 2, Millennium Business Park.
AEDC Meeting Minutes
June 19, 2019®Page 2
5® Convene into Closed Executive Session: Pursuant to Texas Government Code, Section 551.087-
Deliberation of Economic Deve loDment Ne2otiations: To Deliberate Commercial and Financial
Information and Economic Incentives for the Followina and Pursuant to Texas Government Code
Section 551.072 Deliberation Regarding Real Property:
a. Consider Incentives to Support the Expansion of a Local Business
b. Consider Purchase of Real Estate from the United States Postal Service
c. Consider Terms of a Real Estate Agreement with the Howard Hughes Corporation
The Board convened into closed session at
Reconvene into Onen Session
The Board reconvened into open session at 6:50 p.m.
6. Actions es ti from Executive Session
On a motion by Baine Brooks, seconded by Tim Litinas, the Board voted 3-1, with Jeff Burkhardt in
opposition, to approve a motion authorizing the Executive Director to negotiate with the United States
Postal Service to purchase the approximately 2 acre tract located at 304 W Boyd Street fort e
purchase price of S 1,500,000 plus standard costs for inspection and closing and to sign such other
documents as necessary to close on said purchase.
7. Convene into Closed Executive Session: Pursuant to Texas Govemment CodeSection 551,074 for
Personnel Matters: Discussion of the l��aties Responsibilities Perforrrtance evaluation and
Emr)lovment of the Executive Director
The Board convened into closed session at 6:54 p.m.
Reconvene into Onen Session
The Board reconvened into open session at 7:39 p.m.
8. Actions es It from Executive Session
On a motion Baine Brooks, seconded by Tim Litinas, the Board voted unanimously that the base
salary of the Executive Director be increased to $190,000 effective July 2, 2019.
9. Determine Next Regular Meetigg Date
The next Regular AEDC Board meeting was scheduled for Wednesday, July 17, 2019 at
AEDC Meeting Minutes
Ane 19, 2019-Page 3
10. Discussion of F uhir
Ape-1teIIY�s
o future agenda items were discussed.
i
11, �.djou meat
On a motion by Jeff Burkhardt, seconded by Tim Litiruas, the meeting was adjourned at 7442 p.m.
These Minutes approved this 171h day of July 2019.
Michael Schaeffer,..... ...... ..... ...... r ., , ........r
rut Tim I�ttiru Secretary T"resutr.e..........................