Min - Community Development Corporation - 2007 - 01/15 - RegularALLEN COMMUNITY DEVELOPMENT CORPORATION
BOARD MEETING MINUTES
JANUARY 15, 2007
Board Members:
Lee Howard, President
Sue Johnson, Vice -President
Richard Kessler, Secretary (Arrived at 7:05)
Debbie Stout
George Chrisman
Lonnie Simmons
Lori Stitt
City Staff:
Peter H. Vargas, City Manager (Absent)
Shelli Siemer, Assistant City Manager
Tim Dentler, Director of Parks and Recreation Department
David Hoover, Director of Planning Department
Kevin Hammeke, Director of Finance Department (Absent)
Joanne Stoehr, Assistant Director of Finance Department
Brian Bristow, Landscape Architect
Tina Burnside, Senior Administrative Assistant
1. Call to Order and Announce a Quorum is Present
With a quorum of the Community Development Corporation Board present, the
Meeting was called to order by President Howard at 7:00 p.m, on Monday, January
15, 2007, in the Council Conference Room of the Allen City Hall, 305 Century
Parkway, Allen, Texas.
2. Approve Minutes of the December 18, 2006, Meeting
Motion: Upon a motion by Board Member Chrisman and a second by Board
Member Stout, the Board voted six (6) for and none (0) opposed to
approve the minutes from the December 18, 2006, meeting. The motion
carried.
3. Citizens' Comments
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Community Development Corporation Minutes
January 15, 2007
Page 2
4. Herring Development Agreement Presented by David Hoover, Director of
Planning
Gar Herring, President of the Herring Group, assisted Mr. Hoover with the
presentation by answering the Board's questions regarding the Herring Development
Agreement.
Motion: Upon a motion by Board Member Johnson and a second by Board
Member Stitt, the Board voted six (6) for and one (1) opposed with Board
Member Kessler casting the negative vote, to approve $1.5 million for a
performance based grant using 50% of the ACDC one half cent sales tax
generated from the development for additional amenities and for park and
trail related enhancements. The motion carried.
5. Other Business
a) Sales Tax Analysis
b) Balance Sheet
c) Project Status Reports and Map
d) 2007 Projects
e) Overview of Select Projects by Brian Bristow, Landscape Architect
f) Items of Interest to the Board
i Community Calendars
Z Next Regular Meeting — February 19, 2007, at 7 p.m.
6. Adiourn
Motion: Upon a motion by Board Member Chrisman and a second by Board
Member Stout, the Board voted seven (7) for and none (0) opposed to
adjourn the meeting at 8:52 p.m. The motion carried.
These minutes approved on the 19`h day of February, 2007
\CC
Lee Howard, PRESIDENT
Richard Kessler, SECRETARY