Min - Community Development Corporation - 2016 - 04/11 - RegularALLEN COMMUNITY DEVELOPMENT CORPORATION
BOARD MEETING
MINUTES
APRIL 11, 2016
Board of Directors:
George Chnsman, President
Chris Schulmeister, Vice -President (Absent)
Ron Alexander, Secretary
Tommy Baril
Ross Obermeyer
Stacey Gonzales
Michael Freiberger (Absent)
City Staff:
Peter H. Vargas, City Manager
Eric Cannon, Chief Finance Officer, Finance Department
Brian Bristow, Assistant Director, Parks and Recreation Department
Lmette Magana, Executive Assistant to the City Manager
1) Call to Order and Announce a Quorum is Present
With a quorum of the Community Development Corporation Board present, President Chrisman
called the Meeting to order at 7'01 p.m. on Monday, April 11, 2016, in the City Council Chambers
2) Approve Minutes of the March 21, 2016, Meeting
Motion: Upon a motion by Board Member Alexander and a second by Board Member Gonzales,
the Board voted five (5) for and none (0) opposed to approve the minutes from the March
21, 2016, meeting The motion carried.
3) Consider Motion to Authorize the City Manager to Execute a Second Amendment to the
Economic Development Incentive Agreement and Civic Center Agreement with TCH Altera
AHCC, L.P., and Approve Additional Funding of $1,000,000 for the Hotel and Convention
Center Project.
Motion: Upon a motion by Board Member Alexander and a second by Board Member Gonzales,
the Board voted five (5) for and none (0) opposed to Authorize the City Manager to
Execute a Second Amendment to the Economic Development Incentive Agreement and
Civic Center Agreement with TCH Altera AHCC, L.P, and Approve Additional
Funding of $1,000,000 for the Hotel and Convention Center Project. The motion tamed.
E4) Receive Staff Requests for Project Funding
Community Development Corporation Page 2
Board Meeting
April 11, 2016
5) Other Business
a) Sales Tax Analysis
b) Balance Sheet
c) Statement of Revenues and Expenditures
d) Capital Projects Summary
e) Discussion of Project Map
1) Items of Interest [Board annoaaeeaune, regarding local civic and charitable eiesmv, meeangs,
(mdraisere, and an ardv ]
• Community Calendar
• Next Meeting— May 16, 2016, at 6.00 p.m.
6) Adjourn
Motion: Upon a motion by Board Member Baril and a second by Board Member Alexander, the
Board voted five (5) for and none (0) opposed to adjourn the meeting at R 56 p in The
motion carried.
These minutes approved on the 16" day of May, 2016.
A,a"'e'
eorge Chrisman, PRESIDENT Roii Alexander, SECRETARY
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