Min - Community Development Corporation - 2017 - 06/19 - RegularALLEN COMMUNITY DEVELOPMENT CORPORATION
BOARD MEETING
MINUTES
JUNE 19, 2017
Board of Directors:
George Chrisman, President
Ron Alexander, Vice -President
Stacy Gonzales, Secretary (Absent)
Tommy Bard
Ross Obermeyer
Kristina Brevard
Michael Freiberg" (Absent)
City Staff:
Peter H. Vargas, City Manager
Eric Cannon, Chief Financial Officer
Tim Dender, Director of Parks and Recreation
Brian Bristow, Assistant Director of Parks and Recreation
Rebecca Vice, Assistant to the City Manager
Dan Bowman, Allen Economic Development Corporation President and CEO
1) Call to Order and Announce a Quorum is Present
With a quorum of the Community Development Corporation Board present, President Chrisman
called the Meeting to order at 7:00 p.m. on Monday, June 19, 2017, in the City Council Conference
Room.
2) Approve Minutes of the May 15, 2017, Meeting
Motion: Upon a motion by Board Member Brevard and a second by Board Member Baril, the
Board voted five (5) for and none (0) opposed to approve the minutes from the May 15, 2017,
meeting. The motion carried.
*President Chrisman moved to agenda item 5)a.
5)a - Discussion Regarding Watters Creek Development Patio Concept.
Motion: Upon a motion by Board Member Baril and a second by Board Member Alexander, the
Board voted five (5) for and none (0) opposed to authorize the City Manager to negotiate and execute
an agreement to accelerate CDC repayments to Watters Creek Owners for the Watters Creek
Development Patio/Pocket Park contingent upon the securing of a lease with Whiskey Cake. The
motion carried.
Community Development Corporation
Board Meeting
June 19, 2017
3) Proposed CDC Projects List for FY2018
Page 2
Proposed Project
Estimated Cost
Classification
Trail Construction ($800,000) and Repair ($200,000)
$1,000,000
Operating/CIP
Allen USA Celebration
$100,000
Operating
*Spirit Park - Vehicles, Special Equipment, Tools and Supplies
$142,020
Operating
Trail Marker Program
$100,000
CIP
Share the Road Program
$50,000
Operating
Bethany Lakes Park - Survey and Drainage Study
547,000
Operating
Special Services Equipment Package
$181,488
Operating
3`d Party Staffing
$162,500
Operating
Pamtrsnsit Transportation Program
$150,000
Operating
Bethany Ridge Park — Pedestrian Bridge Decking Replacement
$7,000
Operating
The Courses at Watters Creek — Pond Fountains
$84,017
Operating
Irrigation Central Control Upgrade
$23,500
Operating
Allen Event Center - Lighting Control System
$171,200
Operating
Allen Event Center— Daktronics Electronic Marquee
$135,000
Operating
Allen Event Center— Chiller Condenser
$220,000
Operating
Allen Station Park—Baseball Scoreboard Replacement
$133,500
Operating
Various Parking Lot Refurbishment and New Pavement
$350,000
Operating
The Courses at Watters Creek— Perimeter Fencing
$14,375
Operating
The Courses at Watters Creek— Bridge Assessment
$266,000
Operating
Motion: Upon a motion by Board Member Alexander and a second by Board Member Brevard,
the Board voted five (5) for and none (0) opposed to approve the proposed CDC Projects List for
FY2018. The motion carried.
4) Approve Adoption of Proposed FY 2017-2018 Budget
Motion: Upon a motion by Board Member Brevard and a second by Board Member
Alexander the Board voted five (5) for and none (0) opposed to approve the CDC Budget for
Fiscal Year 2018. The motion carried.
1
S) Other Business
Community Development Corporation Page 3
Board Meeting
June 19, 2017
' a) Discussion Regarding Watters Creek Development Patio Concept*
b) Sales Tax Analysis
c) Discussion of Project Status Report
d) Discussion of Project Map
e) Motion to Cancel July Meeting
Motion: Upon a motion by Board Member Alexander and a second by Board Member
Baril, the Board voted five (5) for and none (0) opposed to cancel the July 17 meeting. The
motion carried.
f) Items of Interest [Board announcements regarding local civic and charitable events, meetings,
fundraisers, and awards.]
• Community Calendar
• Allen USA— June 24,2017,4:00 p.m.
• Next Meeting —August 21,2017,7:00 p.m.
' 6) Adjourn
Motion: Upon a motion by Board Member Baril and a second by Board Member Obermeyer, the
Board voted five (5) for and none (0) opposed to adjourn the meeting at 8:50 p.m. The
motion carried.
These minutes approved on the 2I° day of August, 2017.
43'eorke"Cosman, PRESIDENT Stacy al. sS
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