HomeMy WebLinkAboutMin - Community Development Corporation - 2023 - 02/22 - Regular ALLEN COMMUNITY DEVELOPMENT CORPORATION
REGULAR MEETING
MINUTES.
FEBRUARY 22,2023
Board of Directors: _
Matthew Foster,President
Shahmeen Khan,Vice-President
Stacy Gonzales, Secretary
Ron Alexander
Ben Trahan
Antoinette Vincent
City Staff:
Tim Dentler,Assistant City Manager
Kate Meacham,Director.of Parks and Recreation
Pete Phillis, Chief Financial Officer
Mark Davies,Assistant Chief Financial Officer
Teresa Thomason,Assistant Director of Parks and Recreation
Bill Herman, General Manager
Jennifer Robinson, Strategic Projects Manager
1) Call to Order and Announce a Quorum is Present.
With a quorum of the Allen Community Development Corporation Board present, Vice-President
Foster called the Meeting to order at 7:00 p.m. on Monday, February 22, 2023, in the Council
Conference Room of Allen City Hall,305 Century Parkway,Allen, Texas.
2) Conduct Election of Officers for FY2022-23.
Vice-President Foster opened the floor for nominations of President, following the resignation of
Tommy Baril,previously serving as President. The following motions were presented:
Motion: Upon a motion by Board Member Khan and a second by Board Member Alexander,
the Board voted six(6)for and none(0)opposed to approve the nomination of Matthew
Foster for President. The motion carried.
Motion: Upon a motion by Board Member Trahan and a second by President Foster,the Board
voted six(6)for and none(0) opposed to approve the nomination of Shahmeen Khan
for Vice-President. The motion carried.
3) Approve Minutes of the January 16,2023,Meeting.
•
Motion: Upon a motion by Vice-President Khan and a second by Board Member Trahan, the
Board voted six(6)for and none(0)opposed to approve the minutes of the January 16,
2023,meeting as presented. The motion carried.
4) Update on FY22 Community Development Corporation Fund Rollovers.
Parks and Recreation Director, Kate Meacham, presented a memo to the Board requesting a rollover
equipment replacement of funds for equipment delayed due to supply chain issues. After brief
discussion the following motion was presented.
Community Development Corporation
Regular Board Meeting
February 22,2023 Page 2
Motion: Upon a motion by Board Member Vincent and a second by Secretary Gonzales,
the Board voted six(6)for and none (0) opposed to approve the rollover of the FY22
Community Development Corporation Funds for the Toro Reelmower 5510-H. The
motion carried.
5) Discuss Planning for Townhall Meeting Regarding Projects Funded with Type B Corporation
Funds.
The Board discussed marketing and structure of the upcoming Townhall meeting regarding projects
funded with Type B Corporation Funds.
6) Staff Reports
a) Quarterly Financial Report.
b) Sales Tax Report.
c) Project Timeline Report.
d) Update on Credit Union of Texas Event Center Programming.
7) Executive Session.
As authorized by Section 551.071(2) of the Texas Government Code, this meeting may be
convened into closed Executive Session for the purpose of seeking confidential legal advice
from the City Attorney on any agenda item listed herein.
Economic Development Deliberations Pursuant to Section 551.072 of the Texas Government
Code:
• Deliberation Regarding Real Property for Park Land.
8) Reconvene and Take Action on Items Resulting from Executive Session.
No formal action was taken following the Executive Session.
9) Adjourn
Motion: Upon a motion by Vice-President Khan and a second by Board Member Alexander,
the Board voted six(6) for and none(0) opposed to adjourn the meeting at 8:36 p.m.
The motion carried.
These minutes approved the 20th day of March 2023.
APPROVED:
•
atthew Fo ter,PRESIDENT
Community Development Corporation
Regular Board Meeting
February 22,2023 _ Page 3
ATTEST:
Stacy Gonzales,SE Y