Min - Community Development Corporation - 2007 - 06/18 - RegularH
ALLEN COMMUNITY DEVELOPMENT CORPORATION
BOARD MEETING MINUTES
NNE 18, 2007
Lee Howard, President
Sue Johnson, Vice -President
Richard Kessler, Secretary
Debbie Stout
George Chrisman
Lonnie Simmons
Lori Stitt
City Staff:
Peter H. Vargas, City Manager
Shelli Siemer, Assistant City Manager
Tim Dentley Director of Parks and Recreation Department
Kevin Hammeke, 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, June 18, 2007, in the Council
Conference Room.
2. Approve Minutes of the May 21, 2007, Meetina
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 21, 2007, meeting. The motion carried.
3. Citizens' Comments
4. Convene into Closed Executive Session Pursuant to Texas Government Code, Section
551.087; Deliberation of Economic Development Negotiations — Project G.
In accordance with the Texas Government Code, Economic Development Negotiations, Section
551.087, the Allen Community Development Corporation convened into Executive Session at 7:10
p.m. on June 18, 2007 in the Council Chambers of Allen City Hall at 305 Century Parkway, Allen,
Texas, in order to discuss Economic Development Incentives for Project G. The Executive
Session adjourned at 7.40 p.m.
Reconvene Into Open Session
The Allen Community Development Corporation reconvened into regular session at 7,41 p.m. on
Monday Jane 18, 2007 in the Council Conference Room. There was no action taken on items
discussed during the Executive Session.
Community Development Corporation Minutes
June 18, 2007
Page 2
5. Proposed ACDC Projects FY 2007-08
The Board was asked to approve the following projects for the 2007-2008 Fiscal Year:
Rank Proposed Project Estimated Cost
1 Trail Development
$400,000
2 Shade Structure at Celebration Park
$100,000
3 Irrinet Irrigation System Implementation
$50,000
4 Ford Park Softball Fields Enhancements
$59,485
5 Joe Farmer Renovations Phase II
$1,000,000
6 DRN UV Water Treatment System
$60,000
7 Molsen Farm Entrance Drive & Signage
$150,000
8 Heritage Village & Information Center
$200,000
9 Celebration USA
$70,000
10 Chase Oaks Erosion and Bunker Renovation
$475,000
11 Bethany Pier
$85,000
12 Rail/Dam Archaeological Survey & Interpretive
$30,000
Grand Total
$2,679,485
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 proposed projects
for the 2007-2008 fiscal year. The motion Carried.
!p • Parks and Recreation Board Proposed Projects
® • Bethany Pier Project Application
6. Discussion Regarding the Board Evaluation Form
7. Other Business
a) Preliminary FY 2007 — 2008 Budget
b) Sales Tax Analysis
c) Balance Sheet
d) Project Status Reports and Map
e) Items of Interest to the Board
➢ Community Events
Y Next Meeting —July 16, 2007
8. Adiourn
Motion: Upon a motion by Board Member Johnson and a second by Board Member Stitt the
Board voted seven (7) for and none (0) opposed to adjourn the meeting at 8:25 p.m.
The motion carried.
These minutes appr%%ved on the W day of July, 2007
ee Howard, PRESIDENT Richard Kessler, SECRETARY