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HomeMy WebLinkAboutMin - Economic Development Corporation - 2018 - 09/15 - Special Called ALLEN ECONOMIC DEVELOPMENT CORPORATION (AEDC) BOARD OF DIRECTORS SPECIAL CALLED MEETING SATURDAY, SEPTEMBER 15,2018 Board Staff Guests Michael Schaeffer Daniel Bowman Carl Clemencich Chris Schulmeister David Ellis Rich Allen Jeff Burkhardt Eileen Gonzales Tim Litinas Tracey Cline Stephen Terrell Pete Smith Call to Order and Announce a Quorum Present With a quorum of the Board present with members Michael Schaeffer, Chris Schulmeister, Jeff Burkhardt, Tim Litinas and Stephen Terrell in attendance, the Special Called Meeting of the Allen Economic Development Corporation(AEDC) Board of Directors was called to order by President Schaeffer at 8:14 a.m. on Saturday, September 15, 2018, at the AEDC office in Allen, TX. 1. Discussion of AEDC Staff Roles and Responsibilities Dan Bowman presented an overview of the various roles of the AEDC staff and the CEO position. AEDC staff members updated the Board on the roles and key responsibilities of the Assistant Director, Marketing Director, Business Retention and Expansion Manager, Analyst, Office Manager and Administrative Assistant. At 9:15 a.m. the Board adjourned for a brief break. At 9:22 a.m. the Board reconvened. 2. Discussion of AEDC Project Review Process and Board Subcommittees Dan Bowmen presented an overview of the Project Process. The Board discussed various approaches regarding communication between the Executive Director and the Board. 3. Discuss the Use of Various Types of Real Estate Contracts and Incentives Pete Smith presented an overview of various tools and real estate contracts commonly used by the AEDC and the City to acquire and sell property. AEDC Meeting Minutes September 15, 2018-Page 2 4. Development of AEDC Board 3-Year Goals and Objectives Rich Allen facilitated a discussion among the Board and staff members to develop new strategic goals for the AEDC to support economic development in Allen. 5. Adjournment On a motion by Jeff Burkhardt, seconded by Tim Litinas, the meeting was adjourned at 11:50 a.m. These Minutes approved this 17th day of October 2018. A-e-z/-e" Michael Schaeffer, President Tim Litinas, Secretary/Treasurer