Min - Community Development Corporation - 2002 - 04/15 - RegularMINUTES
ALLEN COMMUNITY DEVELOPMENT CORPORATION BOARD
REGULAR MEETING
APRIL 15, 2002
BOARD MEMBERS PRESENT:
Lonnie Thomas, President
Lee Howard, Vice President
Debbie Stout
Lori Stitt
BOARD MEMBERS ABSENT:
Barbara Peavy, Secretary
Sue Johnson
STAFF PRESENT:
Peter Vargas, City Manager
Ginni Lawrence, Administrative Secretary
Don Horton, Director Parks & Recreation Department
John Baumgartner, City Engineer, Engineering Department
1. CALL TO ORDER
President, Lonnie Thomas called the meeting to order at 6:08 p.m.
2. APPROVAL OF MINUTES FROM THE MARCH 18, 2002, REGULAR MEETING.
MOTION: Motion by Debbie Stout to approve the minutes from March 18, 2002. Lori
Stitt seconded. The motion carred 4 for, and 0 against.
3. CITIZENS' COMMENTS:
None.
4. DISCUSS REFINANCING OF THE STACY ROAD PROJECT.
After Peter Vargas gave an explanation for the refinancing of Stacy Road, the Board made
the following motion:
MOTION: Motion by Debbie Stout to follow through with the refinancing of the Stacy
Road Project. Lori Stitt seconded. The motion carried 4 for, and 0 against.
PAGE
ALLEN CDC MINUTES
APRIL 15, 2002
5. OTHER BUSINESS.
A. Revenue Report.
There were no questions on the revenue report.
B. Balance Sheet.
There were no questions on the balance sheet.
C. Current Project Status Report.
There were no questions on the status report.
D. Items of Interest to the Board.
• Resignation Letter from Jeff Gough
• Calendar:
i City Council Calendar
➢ Next Regular Meeting May 20, 2002, at 7:00 p.m. in the Allen City Hall
Council Conference Room located at One Allen Civic Plaza.
6. TOUR OF CDC PROJECTS.
Staff took the Board on a bus tour of past, present and proposed CDC projects.
7. ADJOURN.
There being no further business, the Board made the following motion:
MOTION: Motion by Debbie Stout to adjourn the meeting. Lori Stitt seconded. The
motion carried 4 for, and 0 against. The meeting was adjourned at 8:10 p.m.
These minutes read and approved this 20th day of May, 2002.
Lonnie Thomas, PRESIDENT
Barbara Peavy, SECRET