Min - Economic Development Corporation - 2006 - 05/04 - Special CalledALLEN ECONOMIC DEVELOPMENT CORPORATION (AEDC)
BOARD OF DIRECTORS
SPECIAL CALLED MEETING
May 4, 2006
Board
Kurt Kizer
Tim Wood
Ken Fulk
Maxine Sweet
Carl Clemencich
Staff
Chansse Bodisch
Dan Bowman
Jennifer Grimm
Call to Order and Announce a Ouomm Present
Guests
Pete Smith
Peter Vargas
David Hoover
Tom Carter
Kerby Smith
With a quorum of the Board present, the Special Called Meeting of the Allen Economic Development
Corporation (AEDC) was called to order by President Kurt Kizer at 4 46 p.m. on Thursday, May 4,
2006 at the AEDC Office. The following items were discussed:
Convene into Closed Executive Session.
The Board convened into closed executive session at 4'47 p.m. to deliberate commercial and financial
information and economic incentives for Montgomery Farm Garden District, Ltd , Coventry II
DDR/Trademark Montgomery Farm, L P at Montgomery Farm Garden District.
Reconvene into Regular Session
The Board reconvened into regular session 6:44 p.m.
Consider Approval of an Amended and Restated Economic Development Agreement Between
Montgomery Farm Garden District, Ltd Coventry II DDR/Tmdemark Montgomery Farm L P and
the Allen Economic Development Corporation
Trademark representatives appeared before the AFDC Board to discuss revisions to and assignment of
the AEDC incentive agreement for the mixed-use retail project located at the southwest comer of US
75 and Bethany Drive.
The Board gave the company input on modifications to the agreement and authorized Kurt Kizer,
Charisse Bodisch, Peter Vargas, Pete Smith and David Hoover to negotiate the contract.
Ad)oum
On a motion by Ken Falk, seconded by Maxine Sweet, the meeting was officially adjourned at
6'45 p in
Allen Economic Development Corporation
Special Called Meeting, May 4, 2006
Page 2
These minutes approved this 171h day of May, 2006.
Kurt Kizer, President Ken Fulk, Secretary