Min - Community Development Corporation - 2009 - 06/15 - RegularBoard of Directors:
Lee Howard, President
George Chrisman, Vice -President
Richard Kessler, Secretary
Debbie Stout
Lonnie Simmons
Lori Stitt
Cheryl Lawson
City Staff:
Peter H Vargas, City Manager
Tim Derider, Director, Parks and Recreation Department
Brian Bristow, Assistant Director, Parks and Recreation Department (Absent)
Kevin Hammeke, Director, Finance Department
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, President Howard
1 called the Meeting to order at 7:02 p.m. on Monday, June 15, 2009, in the Council Conference
Room.
2) Approve Minutes of the May 18, 2009, Meetine
3)
Motion: Upon a motion by Board Member Chrisman and a second by Board Member
Simmons, the Board voted seven (7) for and none (0) opposed to approve the
minutes from the May 18, 2009, meeting The motion carried.
Motion: Upon a motion by Board Member Chrisman and a second by Board Member
Simmons, the Board voted seven (7) for and none (0) opposed to authorize the
transfer of Community Development Corporation Funds for $221,170, currently
available for the Allen Bark Park Project to the CDC fund balance. The motion
carried.
4) Consider a Motion to Authorize the Use of Community Development Corporation Funds
in the Amount of $35,000, Currently Available in the Bethany Lakes Pier Project for a
Bethany Lakes Erosion Project.
Motion: Upon a motion by Board Member Stitt
ALLEN COMMUNITY DEVELOPMENT CORPORATION
BOARD MEETING
second by Board Member Stout, the
MINUTES
opposed to
JUNE 15, 2009
Board of Directors:
Lee Howard, President
George Chrisman, Vice -President
Richard Kessler, Secretary
Debbie Stout
Lonnie Simmons
Lori Stitt
Cheryl Lawson
City Staff:
Peter H Vargas, City Manager
Tim Derider, Director, Parks and Recreation Department
Brian Bristow, Assistant Director, Parks and Recreation Department (Absent)
Kevin Hammeke, Director, Finance Department
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, President Howard
1 called the Meeting to order at 7:02 p.m. on Monday, June 15, 2009, in the Council Conference
Room.
2) Approve Minutes of the May 18, 2009, Meetine
3)
Motion: Upon a motion by Board Member Chrisman and a second by Board Member
Simmons, the Board voted seven (7) for and none (0) opposed to approve the
minutes from the May 18, 2009, meeting The motion carried.
Motion: Upon a motion by Board Member Chrisman and a second by Board Member
Simmons, the Board voted seven (7) for and none (0) opposed to authorize the
transfer of Community Development Corporation Funds for $221,170, currently
available for the Allen Bark Park Project to the CDC fund balance. The motion
carried.
4) Consider a Motion to Authorize the Use of Community Development Corporation Funds
in the Amount of $35,000, Currently Available in the Bethany Lakes Pier Project for a
Bethany Lakes Erosion Project.
Motion: Upon a motion by Board Member Stitt
and a
second by Board Member Stout, the
Board voted seven (7) for and none (0)
opposed to
authorize
the use of
Community Development Corporation
Funds
for $35,000,
currently
available in
Community Development Corporation
Board Meeting
June 15,2009
Page 2
the Bethany Lakes Pier Project for a Bethany Lakes Erosion Project. The motion
carried.
5) Proposed CDC Projects FY 2009-2010
a) Project Rankings from the Parks and Recreation Board
b) Project Recommendations from the City Manager
Motion: Upon a motion by Board Member Chrisman and a second by Board Member Stitt,
the Board voted seven (7) for and none (0) opposed to approve the proposed FY
2009-10 Budget for upcoming projects with the exception of the Watters Creek
"Pop" Fountain Project in the amount of $242,000. These funds will be added to
the Chase Oaks Re -construction Project to increase the suggested amount of
$2,425,000 to $2,667,000. The total approved budget for FY 2009-10 is
$3,337,000. The motion carried
6) Other Business
a) Sales Tax Analysts
b) Balance Sheet
c) Event Center Update
d) Discussion of Completed Approved Project Status Report
e) Discussion of Active Approved Project Status Report
t) Discussion of Project Status Report
g) Discussion of Project Map
h) Items of Interest to the Board
• Community Calendar
• Allen USA - June 27, 2009
• Next Meeting—July 20, 2009, at 7:00 p.m.
7) Adjourn
Motion: Upon a motion by Board Member Stout and a second by Board Member
Chrisman, the Board voted seven (7) for and none (0) opposed to adjourn the
meeting at 8:17 p.m. The motion carried
These minutes appro d on the 201" day of July, 2009
e oward, PRESIDENT Richard Kessler, SECRETARY