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HomeMy WebLinkAboutMin - Community Development Corporation - 2022 - 08/15 - Regular ALLEN COMMUNITY DEVELOPMENT CORPORATION REGULAR MEETING MINUTES AUGUST 15,2022 Board of Directors: Tommy Baril,President Antoinette Vincent,Vice-President(absent) Shahmeen Khan, Secretary Matthew Foster Ron Alexander(absent) Stacy Gonzales Ben Trahan City Staff: Tim Dentler,Assistant City Manager(absent) Rebecca Vice,Assistant City Manager Shelley B. George, City Secretary Rocio Gonzalez,Deputy City Secretary(absent) Chris Landrum,Assistant Financial Officer Kate Meacham,Director of Parks and Recreation Matt McComb,Parks Planning and Development Manager 1) Call to Order and Announce a Quorum is Present. With a quorum of the Allen Community Development Corporation Board present, President Baril called the Meeting to order at 7:04 p.m.on Monday,August 15,2022,in the Council Conference Room of Allen City Hall, 305 Century Parkway,Allen, Texas. 2) Opening Comments by Board Chair. 3) Approve Minutes of the June 20,2022,Meeting. Motion: Upon a motion by Board Member Trahan and a second by Secretary Khan, the Board voted five (5) for and none(0) opposed to approve the minutes of the June 20, 2022,Meeting. The motion carried. 4) Approve Minutes of the July 18,2022,Meeting. Motion: Upon a motion by Secretary Khan and a second by Board Member Foster,the Board voted five (5)for and none(0)opposed to approve the minutes of the July 18,2022,Meeting as modified. The motion carried. 5) Receive an Update on a CDC Project Proposal from Connemara Conservancy. Bob Mione, Chair of the Connemara Board of Trustees,reviewed the Connemara Conservancy project proposal submitted to the CDC Board for consideration. 6) Conduct a Public Hearing on Proposed Projects for FY2022-2023 totaling$5,295,555. a) A proposal authorizing up to $120,000 of Sales Tax Revenue for the McDermott Park Trailhead; Community Development Corporation Regular Board Meeting August 15,2022 Page 3 With no one else speaking,President Baril closed the public hearing. 7) Consider an Economic Development Incentive Agreement between the Allen Community Development Corporation and Hub Partners, LLC, and/or its Affiliated Entities, for a Mixed- Use Entertainment Project known as"The Hub"and authorize the City Manager to execute the agreement on behalf of the Allen Community Development Corporation including any amendments or instruments related thereto. Motion: Upon a motion by Board Member Trahan and a second by Board Member Foster,the Board voted four(4)for and one(1)opposed with board Member Gonzales casting the negative vote,to approve an Economic Development Incentive Agreement between the Allen Community Development Corporation and Hub Partners,LLC, and/or its Affiliated Entities, for a Mixed-Use Entertainment Project known as "The Hub" and authorize the City Manager to execute the agreement on behalf of the Allen Community Development Corporation including any amendments or instruments related thereto. The motion carried. 8) Other Business a) Receive Update on the 3rd Quarter Financials. b) Receive Update on Sales Tax Report. c) Receive Update on the Project Timeline Report. d) Discuss Future Agenda Items. The Board requested additional information on the following topics at a future Board Meeting: • Update on Rolling Hills Park. • Marketing efforts to increase the visibility of CDC projects. • Outreach efforts to increase citizen participation such as holding additional Town Halls. • Establish a grant program to provide project funding to local non-profits. • Track facility to host events such as Texas Amateur Athletic Federation Summer Games • Review balance between capital funding vs. operational and special event funding • Allen Swims community grant program to expand swim lessons to underserved Allen residents • CDC ticket giveaways (Allen Americans Games, etc.) to community partners, teachers, and first responders e) Items of Interest [Board announcements regarding local civic and charitable events, meetings,fundraisers,and awards.] • Next Meeting Date—September 19,2022 9) Executive Session An Executive Session was not held. Community Development Corporation Regular Board Meeting August 15,2022 Page 2 b) A proposal authorizing up to$132,000 of Sales Tax Revenue for an ADA Transition Plan; c) A proposal authorizing up to $396,000 of Sales Tax Revenue for two Shuttle Buses for Allen Senior Recreation Center; d) A proposal authorizing up to $500,000 of Sales Tax Revenue for Ford Park Redevelopment; e) A proposal authorizing up to $132,000 of Sales Tax Revenue for Forestry Trail Equipment Maintenance Equipment; 1) A proposal authorizing up to $360,561 of Sales Tax Revenue for Playground Replacements; g) A proposal authorizing up to $1,800,000 of Sales Tax Revenue for the Rowlett Trail Construction(South Section); h) A proposal authorizing up to $132,000 of Sales Tax Revenue for a Consultant for a Security Camera Study; i) A proposal authorizing up to $47,520 of Sales Tax Revenue for Storage Building for Special Event Equipment; i) A proposal authorizing up to $120,000 of Sales Tax Revenue for the Allen USA Celebration; k) A proposal authorizing up to$263,612 of Sales Tax Revenue for Maintenance Equipment Replacement; 1) A proposal authorizing up to $125,000 of Sales Tax Revenue for a Third-Party Consultant; m) A proposal authorizing up to$200,000 of Sales Tax Revenue for Trail Maintenance; n) A proposal authorizing up to$200,000 of Sales Tax Revenue for the Collin County Rides Program through DART; o) A proposal authorizing up to$12,700 of Sales Tax Revenue for an Adaptive Golf Cart; p) A proposal authorizing up to$80,000 of Sales Tax Revenue for the Design of a Cover for the Locomotive at The Depot; and, q) A proposal authorizing up to$674,162 of Sales Tax Revenue for Funding of Credit Union • of Texas Event Center. President Bari! opened the public hearing for this agenda item and asked anyone wishing to speak for or against this item to do so at this time. Todd Price, 103 Pecos Court,Allen,Texas,asked for additional information on item d. Community Development Corporation Regular Board Meeting August 15,2022 Page 4 10) Adjourn Motion: Upon a motion by Secretary Khan and a second by Board Member Gonzales,the Board voted five (5)for and none(0)opposed to adjourn the meeting at 8:38 p.m. The motion carried. These minutes approved on the 19`'day of September 2022. APPROVED: Tommy Baril,PRESID ATTEST: a nen Khan,SECRETARY