Min - City Council - 1989 - 08/24 - RegularALLEN CITY COUNCIL
BUDGET PUBLIC HEARING
AUGUST 24, 1989
Present:
Joe Farmer, Mayor
Council Members:
Rex Womack
Jerry Wilson, Mayor Pro Tem (Absent)
Bobby Glass
Jim Wolfe
Alan Fyke
Gary Edstrom (Arrived 7.06 p.m.)
City Staff:
Jon McCarty, City Manager
With a quorum of the Council Members present, the called - special session
of the Allen City Council was called to order by Mayor Farmer at 7.00 p.m. on
Thursday, August 24, 1989, in the Council Chambers of the Allen Municipal
Annex, One Butler Circle, Allen, Texas.
Public Hearing on the Proposed
Fiscal Year 1989 - 90 Budget (Agenda Item II)
Mayor Farmer opened the public hearing on the proposed fiscal year 1989-
90 budget for discussion or questions by anyone present.
Mayor Farmer requested that the City Manager provide a presentation only
as required by the audience.
City Manager Jon McCarty introduced a visitor in the audience, Leonard
Martin from Joplin, Missouri.
Council held discussion on the computer system for the police department,
communication system technology and economic development.
With no one wishing to speak before the Council on the proposed budget for
FY 1989 - 90, Mayor Farmer closed the public hearing
Mayor Farmer advised the Council of the public hearing scheduled following
the budget hearing which will be held at the library building regarding the Texas
Capital Fund.
City Manager Jon McCarty informed the Council the budget is due for
adoption at the September 7, 1989 regular meeting, which requires the adoption
ALLEN CITY COUNCIL
BUDGET PUBLIC HEARING
AUGUST 24, 1989 PAGE 2
of two ordinances, one for the adoption of a tax rate and the second for the
adoption of appropriations.
Adpurn (Agenda Item III)
MOTION: Upon a motion made by Councilman Glass and seconded by Councilman
Womack, the Council voted six (0) for and none (0) opposed to
adjourn the Budget Public Hearing of the Allen City Council at 7.11
p.m., on Thursday, August 24, 1989 The motion carried.
These minutes approved on the 7th day of September, 1989
APPROVED
Farmer, MAYOR
ATTEST
e4cJu Mo ' n, CITY SECRETARY
With a quorum of the Council Members present, the called - special session
of the Allen City Council was called to order by Mayor Farmer at 7 30 p.m. on
Thursday, August 24, 1989, in the Allen Public Library Meeting Room, Two Allen
Civic Plaza, Allen, Texas
Mayor Farmer opened the public hearing to consider the use of the Texas
Capital Fund program for economic development in the City of Allen.
Mayor Farmer briefly described the Texas Capital Fund Program offered
through the Texas Department of Commerce. This program provides "bridge"
financing to businesses wanting to begin or expand their business The loan is
made by the Department of Commerce and is administered by the City
With no one wishing to speak either for or against the use of the Texas
Capital Fund program for economic development in the City of Allen, Mayor Farmer
closed the public hearing
Prior to adjourning, City Manager Jon McCarty asked to speak to the Council
regarding another Economic Development issue. The North Texas Commission has
made the City aware of proposals being made to attract U S. Memories, Inc. to
Texas. This is a new company being formed by several major high technology
companies that plans to construct a 400-500 thousand square foot facility employing
1,800 - 2,200 people. Twelve states are involved in the competition to attract this
industry and cities in Texas are preparing proposals including incentives.
City Manager Jon McCarty reviewed Allen's proposal containing the following
elements.
Donation of 55 acres of land lying north of proposed Exchange
Parkway east of U S. 75 owned by Martin Tycher Companies.
ALLEN CITY COUNCIL
TEXAS
CAPITAL FUND PROGRAM
PUBLIC HEARING
AUGUST 24, 1989
Present:
Joe Farmer, Mayor
Council Members:
Rex Womack
Jerry Wilson, Mayor Pro Tem
(Absent)
Bobby Glass
Jim Wolfe
Alan Fyke
Gary Edstrom
City Staff:
Jon McCarty, City Manager
With a quorum of the Council Members present, the called - special session
of the Allen City Council was called to order by Mayor Farmer at 7 30 p.m. on
Thursday, August 24, 1989, in the Allen Public Library Meeting Room, Two Allen
Civic Plaza, Allen, Texas
Mayor Farmer opened the public hearing to consider the use of the Texas
Capital Fund program for economic development in the City of Allen.
Mayor Farmer briefly described the Texas Capital Fund Program offered
through the Texas Department of Commerce. This program provides "bridge"
financing to businesses wanting to begin or expand their business The loan is
made by the Department of Commerce and is administered by the City
With no one wishing to speak either for or against the use of the Texas
Capital Fund program for economic development in the City of Allen, Mayor Farmer
closed the public hearing
Prior to adjourning, City Manager Jon McCarty asked to speak to the Council
regarding another Economic Development issue. The North Texas Commission has
made the City aware of proposals being made to attract U S. Memories, Inc. to
Texas. This is a new company being formed by several major high technology
companies that plans to construct a 400-500 thousand square foot facility employing
1,800 - 2,200 people. Twelve states are involved in the competition to attract this
industry and cities in Texas are preparing proposals including incentives.
City Manager Jon McCarty reviewed Allen's proposal containing the following
elements.
Donation of 55 acres of land lying north of proposed Exchange
Parkway east of U S. 75 owned by Martin Tycher Companies.
ALLEN CITY COUNCIL
TEXAS CAPITAL FUND PROGRAM
PUBLIC HEARING
AUGUST 24, 1989
PAGE 2
Tax abatement from all eligible local governments for ten (10) years
at 20 percent.
$4.8 million of infrastructure improvements including streets, U S. 75
overpass, water and sewer
It was also stated that other incentives would be considered and that these
incentives would require further action before a final "offer" could be submitted.
Council members discussed the company and positively commented on the proposal.
Adjourn
(Agenda Item III)
MOTION Upon a motion made by Councilman Wolfe and seconded by Councilman
Fyke, the Council voted six (6) for and none (0) opposed to adjourn
the special called public hearing of the Allen City Council at 8.45
p.m., on Thursday, August 24, 1989 The motion carried.
These minutes approved on the 7th day of September, 1989
APPROVED:
ATTEST'
7 y Mo on, CITY SECRETARY
I
ce Farmer, MAYOR