Min - Community Development Corporation - 2014 - 06/09 - RegularLBOARD
ALLEN COMMUNITY DEVELOPMENT CORPORATION
MEETING
MINUTES
NNE 9, 2014
Board of Directors:
George Chrisman, President
Chris Schulmeister, Vice President
Tommy Baril, Secretary
Ross Obermeyer
Libby Jones
Ron Alexander
Michael Freiberger (arrived at 7:07 p.m.)
City Staff:
Peter H. Vargas, City Manager
Rebecca Vice, Executive Assistant to the City Manager
Kevin Hammeke, Chief Finance Officer, Finance Department
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 7:02 p.m. on Monday, June 9, 2014, at the Council Conference Room.
2) Approve Minutes of the May 19, 2014, Meeting
Motion: Upon a motion by Board Member Bari] and a second by Board Member Alexander, the
Board voted six (6) for and none (0) opposed to approve the minutes from the May 19, 2014, meeting.
The motion carried.
3) Discussion of Board Evaluation to Provide Feedback to the Council Nominating Committee
4) Receive Staff Requests for Project Funding
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Community Development Corporation
Board Meeting
June 9, 2014
5) Proposed CDC Projects FY 2014-2015
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Proposed Project
Estimated Cost
Trail Development
$700,000
Watters Branch Community Park Development
$1,500,000
City of Allen Monument — Matching Funds
$270,000
Hillside Play Area Constmction
$300,000
Bethany Lakes Park Connector Trail (ADA Accessibility)
$56,000
Cardio Fitness Equipment
$300,000
Joe Farmer Recreation Center Renovation
$74,600
Allen USA Celebration
$90,000
Special Services Equipment
$63,000
Park Pier Deck Replacement
$30,000
Allen Event Center Chiller/Brine System
$231,000
Job Access/Reverse Commute
$215,000
Demand Response/Paratransit Transportation
$150,000
Share the Road
$50,000
Don Rodenbaugh Natatorium Pool Deck
$50,000
Recreation LED Message Boards
$102,000
The Courses at Watters Creek Capital Equipment Requests
$44,990
Motion: Upon a motion by Board Member Jones and a second by Board Member Alexander, the
Board voted seven (7) for and none (0) opposed to approve the proposed projects The motion
carried.
6) Approve Adoption of Proposed FY 2014-2015 Budget
Motion: Upon a motion by Board Member Baril and a second by Board Member Freiberger, the
Board voted seven (7) for and none (0) opposed to approve the FY 15 Expenditure Budget of
$4,226,590 with an ending balance of $4,440,936. The motion carried
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Community Development Corporation
Board Meeting
June 9, 2014
7) Other Business
a) Sales Tax Analysis — Not Available Until June I I
b) Balance Sheet
c) Discussion of Active Project Funding Status Report
d) Discussion of Project Status Report
e) Discussion of Project Map
f) Motion to Cancel July Meeting
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Motion: Upon a motion by Board Member Alexander and a second by Board Member Bari[, the
Board voted seven (7) for and none (0) opposed to cancel the July 21 meeting. The
motion carried.
g) Items of Interest [Board announcements regarding local civic and charitable events, meetings,
fundraisers, and awards ]
• Community Calendar
• Allen USA —June 28, 2014, 4:00 p.m.
• Next Meeting—August 18, 2014, 7:00 p.m.
8) Adjourn
Motion: Upon a motion by Board Member Band and a second by Board Member Jones, the Board
voted seven (7) for and none (0) opposed to adjourn the meeting at 8:57 p.m. The motion
carried.
These minutes approved on the 18ih day of August, 2014.
ZL
George Cb swan, PRESIDENT
sfommy Baril, SECRETARY/