HomeMy WebLinkAboutMin - Community Development Corporation - 2021 - 09/20 - Regular ALLEN COMMUNITY DEVELOPMENT CORPORATION
REGULAR BOARD MEETING
MINUTES
SEPTEMER 20,2021
Board of Directors:
Tommy Baril,President
Ron Alexander,Vice-President(absent)
Stacy Gonzales, Secretary
Shahmeen Khan
Matthew Foster
Antoinette Vincent
Kurt Kizer
City Staff:
Tim Dentler,Assistant City Manager
Chris Landrum,Assistant Chief Financial Officer
Kate Meacham,Director of Parks and Recreation(absent)
Rocio Gonzalez,Deputy City Secretary
1) Call to Order and Announce a Quorum is Present
With a quorum of the Community Development Corporation Board present, President Baril called the
Meeting to order at 7:00 p.m. on Monday, September 20, 2021, in the Basement Meeting Rooms of
Allen City Hall, 305 Century Parkway,Allen, Texas.
2) Approve Minutes of the August 16,2021,Meeting
Motion: Upon a motion by Board Member Khan and a second by Board Member Gonzales, the
Board voted six (6) for and none (0) opposed to approve the minutes from the August 16, 2021,
meeting. The motion carried.
3) Receive Update on the CDC FY2021 Goals.
Goal 1: Onboarding Welcome Package is ongoing. Staff is working on items from short-term and
long-term viewpoints.
Goal 2: Board Member Foster requested development of a potential grant program for community
events. Staff will provide a proposal for discussion at a future meeting.
Goal 3: The 10-year investment plan is ongoing. Staff is researching all aspects of past, current, and
future projects and how the projects fit into the 10-year investment plan with various funding sources
available for each. Staff anticipates having a functional document ready for the next Project Cycle.
Goal 4: Several Profile Sheets have been created and continue to go out with updates.
Goal 5: Ongoing updates on all goals.
Community Development Corporation Page 2
Regular Board Meeting
September 16,2021
4) Other Business
a) Receive the Sales Tax Analysis.
b) Receive the FY21-22 Budget.
c) Discussion of Project Timeline Report
d) Items of Interest [Board announcements regarding local civic and charitable events, meetings,
fundraisers, and awards.]
• Community Calendar
• Next Meeting—October 18,2021, 7:00 p.m.
5) Executive Session.
Economic Development Deliberations Pursuant to Section 551.087 of the Texas Government Code—
• Discussion of Potential Economic Incentives for Project Snowball.
President Baril recessed the Allen Community Development Corporation into Executive Session at
8:04 p.m.
6) Reconvene and Consider Action on Items Resulting from Executive Session.
President Baril reconvened the Allen Community Development Corporation into the regular session
at 8:39 p.m.
Motion: Upon a motion by Board Member Foster and a second by Board Member Khan, the
Board voted five (5) for and one (1) opposed,with Board Member Vincent casting the opposing vote,
to authorize an incentive of $25,000 per year over five years maximum for Project Snowball. The
motion carried.
7) Adjourn
Motion: Upon a motion by Board Member Foster and a second by Board Member Khan, the
Board voted six (6) for and none (0) opposed to adjourn the meeting at 8:40 p.m. The
motion carried.
These minutes approved on the 18`h day of October 2021.
Cl
Tommy Baril,PRESID T Stacy Gonzales,SE RET