Min - Community Development Corporation - 2005 - 04/18 - RegularH
MINUTES
ALLEN COMMUNITY DEVELOPMENT CORPORATION BOARD
REGULAR MEETING
APRIL 18, 2005
I:i17:1:U]u IBa R3 sl[7.973 aG9 DQ 19
Lee Howard, President,
Sue Johnson, Vice -President
Richard Kessler, Secretary
Debbie Stout
George Chrisman
Lonnie Simmons
Lori Stitt
STAFF PRESENT:
1. CALL TO ORDER
President Howard called the meeting to order at 7:01 p.m.
2. APPROVAL OF MINUTES FROM THE APRIL 18, 2005, MEETING
MOTION: The Board voted seven (7) for and none (0) opposed to approve the minutes from the
March 28, 2005, meeting. The motion carried.
3. CITIZENS' COMMENTS
Mr. Steve Bngante introduced himself to the CDC Board. Mr. Brigante has been a resident in Allen
since 1996
4. PRESENTATION BY CITY DEPARTMENTS FOR 2005-2006 PROJECTS \pv
W S C
Tim Dentler gave a PowerPoint presentation that outlined 18irojects Parks;and Recreation would like
the CDC to consider funding. The following projects weiptoposed
Rank Proposed Project Estimated Cost
Peter H. Vargas, City Manager
Tim Dentler, Director of Parks and Recreation Department
Kevin Hammeke, Director of Finance Department
Sally Rojas, Senior Administrative Assistant
1. CALL TO ORDER
President Howard called the meeting to order at 7:01 p.m.
2. APPROVAL OF MINUTES FROM THE APRIL 18, 2005, MEETING
MOTION: The Board voted seven (7) for and none (0) opposed to approve the minutes from the
March 28, 2005, meeting. The motion carried.
3. CITIZENS' COMMENTS
Mr. Steve Bngante introduced himself to the CDC Board. Mr. Brigante has been a resident in Allen
since 1996
4. PRESENTATION BY CITY DEPARTMENTS FOR 2005-2006 PROJECTS \pv
W S C
Tim Dentler gave a PowerPoint presentation that outlined 18irojects Parks;and Recreation would like
the CDC to consider funding. The following projects weiptoposed
Rank Proposed Project Estimated Cost
H
I
Allen Community Development Corporation Board
April 1 g, 2005, Regular Meeting
Page 2
I
Recirculation System Spmyground
$ 80,000
2
Heritage Village Site Improvements
$137,500
3
Allen USA Celebration
$ 60,000
4
Park Land Acquisition
$200,000
5
Batting Cages & Warmup Area
$ 75,000
6
Irrigation System/Lighting Ph. II
$ 89,000
7
Public Open Space Improvements at Chase Oaks
$200,000
8
Trail Development
$275,000
9
St. Mary Bridge (Cottonwood Creek)
$740,000
10
Tennis Courts @ Celebration Park
$200,000
11
Country Meadows Improvements
$ 90,000
12
Trail Maintenance Equipment
$ 45,000
13
Disc Golf Course Development
$ 10,000
14
Entry Feature/ Service Club Sign — Ridgemont
$100,000
15
Senior Center Fitness Equipment
$ 40,000
16
Mustang Creek Dredging Ph. II
$140,000
17
Shade Structure Celebration Park Playground
$ 75,000
18
Watters Crossing Playground Improvements
$ 10,000
19
Shade Structure Allen Station Park Ballfields
$125,000
GRAND TOTAL
$2,691,500
After the presentation Peter Vargas, Cj�tyl\Manger, a ounced to the Board that they may be approached for
funding by Program Management reg di the d elopment plans for the Garden District of Montgomery
Farms. Program Management plans to qu ds from the CDC Board to construct a water course, both
upper and lower ponds including the water feature. The cost for this project is approximately $1.7 million.
5. DISCUSS MAY TOUR OF CDC PROJECTS
A discussion was held regarding the proposed projects that will be toured in May and it was
decided that the meeting would begin at 6:00 p.m. instead of 7:00 p.m. at Chase Oaks Golf
Course to allow the Board more time for the tour.
6. OTHER BUSINESS
A. Revenue Report
• Revenues from February 2005 were down by approximately 7/10% from the projected
budget.
• Year-to-date revenues are below projections by about 5.36%.
B. Balance Sheet
Allen Community Development Corporation Board
Apn118,2005, Regular Meeting
Page 3
1
The Board reviewed the Balance Sheet and noted that we are retaining our current trend of
na mtmnmg $4,000,000 plus in the bank.
C. Current Project Status Report
Mr. Vargas pointed out a new addition to the Project Status Report, a map that will identify the
location of the CDC projects.
D. DRAFT CALENDAR
Tom of Projects - May 16, 2005 at Chase Oaks Golf Course
• Board Funding Decisions — June 20, 2005
E. ITEMS OF INTEREST TO THE BOARD
�4161515 I W1 116,941411 it a l C l 17:11 11
➢ The next regular meeting will be at Chase Oaks Golf Course, 7201 Chase Oaks Blvd,
on May 16, 2005, at 6:00 p.m.
1 7. ADJOURN
MOTION: Upon a motion by Board Member Christiana and a second by Board Member Johnson,
the Board voted seven (7) for and none (0) opposed to adjourn the meeting at 8:23 p.m.
The motion carried.
These minutes approved on the 16th day of May, 2005.
Lee Howard, PRESIDENT Richard Kessler, SECRETARY
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