Min - Community Development Corporation - 2009 - 07/20 - RegularALLEN COMMUNITY DEVELOPMENT CORPORATION
BOARD MEETING
MINUTES
JULY 20, 2009
Board of Directors:
Lee Howard, President
George Chrisman, Vice -President (Absent)
Richard Kessler, Secretary
Debbie Stout
Lonnie Simmons
Lori Stitt
Cheryl Lawson
City Staff:
Peter H. Vargas, City Manager
Tim Dentler, Director, Parks and Recreation Department
Brian Bristow, Assistant Director, Parks and Recreation Department
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
called the Meeting to order at 7:00 p.m. on Monday. July 20, 2009, in the Council Conference
Room.
2) Approve Minutes of the June 15, 2009, Meeting
Motion: Upon a motion by Board Member Stitt and a second by Board Member Simmons,
the Board voted six (6) for and none (0) opposed to approve the minutes from the
June 15, 2009, meeting. The motion carried.
3) Conduct a Public Hearing and Consider Introduction of Items on First Reading:
President Howard opened the public hearing and asked anyone wishing to speak for or against
this item to do so at this time.
President Howard read aloud the proposals to be considered:
a) A Proposal to Authorize up to $70,000 of Sales Tax Revenue for the Allen USA
Celebration;
b) A Proposal to Authorize up to $2,667,000 of Sales Tax Revenue for the Chase Oaks
Reconstruction Project
c) A Proposal to Authorize up to $275,000 of Sales Tax Revenue for Trail Development,
Community Development Corporation
Board Meeting
July 20, 2009
Page 2
d) A Proposal to Authorize up to $25,000 of Sales Tax Revenue for Two T3 Personal
Mobility Vehicles for the Police Department;
c) A Proposal to Authorize up to $120,000 of Sales Tax Revenue for Waiters Crossing
Playground Improvements;
f) A Proposal to Authorize up to $125,000 of Sales Tax Revenue for Irrigation Controllers;
g) A Proposal to Authorize up to $25,000 of Sales Tax Revenue for a Minor Construction
Equipment Package;
h) A Proposal to Authorize up to $30,000 of Sales Tax Revenue for Senior Center Lawn
Games.
With no one speaking, President Howard closed the public hearing.
Motion: Upon a motion by Board Member Kessler and a second by Board Member Stout,
the Board voted six (6) for and none (0) opposed to consider introduction of items
on the First Reading. The motion carried.
4) Conduct a Public Hearing and Consider Amendments of Items on Second Reading:
President Howard opened the public hearing and asked anyone wishing to speak for or against
1 this item to do so at this time.
a) A Proposal to Authorize up to $70,000 of Sales Tax Revenue for the Allen USA
Celebration;
b) A Proposal to Authorize up to $2,667,000 of Sales Tax Revenue for the Chase Oaks
Reconstruction Project
c) A Proposal to Authorize up to $275,000 of Sales Tax Revenue for Trail Development,
d) A Proposal to Authorize up to $25,000 of Sales Tax Revenue for a T3 Personal Mobilitv
Vehicle for the Police Department;
e) A Proposal to Authorize up to $120,000 of Sales Tax Revenue for Watters Crossing
Playground Improvements;
t) A Proposal to Authorize up to $125,000 of Sales Tax Revenue for Irrigation Controllers;
g) A Proposal to Authorize up to $25,000 of Sales Tax Revenue for a Minor Construction
Equipment Package;
h) A Proposal to Authorize up to $30,000 of Sales Tax Revenue for Senior Center Lawn
Games.
I
Community Development Corporation
Board Meeting
July 20, 2009
Page 3
With no one speaking, President Howard closed the public hearing.
Motion: Upon a motion by Board Member Stitt and a second by Board Member Simmons,
the Board voted six (6) for and none (0) opposed to consider amendments of items
on the Second Reading. The motion carried.
5) Request to Transfer Unspent Project Balances in the Amount of $171,715 to the
Community Development Corporation (CDC) Fund Balance and Transfer 5392,885 from
the CDC Fund Balance to the Celebration Park Phase 2 Project
Motion: Upon a motion by Board Member Stitt and a second by Board Member Lawson,
the Board voted six (6) for and none (0) opposed to transfer ("sweep") unspent
project balances in the amount of $171,715 to the CDC Fund Balance and transfer
$392,885 from the CDC Fund Balance to the Celebration Park Phase 2 project.
The motion carried.
6) Other Business
a) Sales Tax Analysis
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
• Next Meeting — August 17, 2009, at 7:00 p.m.
7) Adjourn
Motion: Upon a motion by Board Member Stout and a second by Board Member Stitt, the
Board voted six (6) for and none (0) opposed to adjourn the meeting at 7'45 p.m.
The motion carried.
These mi nut/es ap roved on the 17th day of August, 20/09
1 Lee Ho ard, PRESIDENT Richard Kessler, SECRETARY