Min - Community Development Corporation - 2010 - 05/17 - RegularBoard of Directors:
Lee Howard, President
George Chrisman, Vice -President
Richard Kessler, Secretary (Absent)
Ross Obermeyer
Lonnie Simmons
Lori Stitt
Cheryl Lawson
City Stafl:
Peter H Vargas, City Manager
Kevin Hammeke, Director, Finance Department
Tim Dentler, Director, Parks and Recreation Department
Brian Bristow, Assistant Director, Parks and Recreation Department
Connie Schofield, Executive Assistant to the City Manager
Tina Burnside, Senior Administrative Assistant (Absent)
1) Tour of CDC Proposed Projects
a) Waterford Park Bridge
b) Celebration Park Phase II
c) Bethany Lakes Park / Allen Veteran's Memorial
d) Hillside Ball Fields / Blue Sky Indoor Soccer
o Blue Sky Indoor Soccer Rendering
e) Six Cities Trail
2) Call to Order and Announce a Quorum is Present
With a quorum of the Community Development Corporation Board present, President Howard
called the Meeting to order at 7,47 p.m, on Monday, May 17, 2010, in the Chase Oaks Golf
Club.
3) Approve Minutes of the April 19, 2010, Meeting
Motion: Upon a motion by Board Member Chrisman and a second by Board Member
Lawson, the Board voted six (6) for and none (0) opposed to approve the minutes
from the April 19, 2010, meeting. The motion carried.
ALLEN COMMUNITY DEVELOPMENT CORPORATION
BOARD MEETING
MINUTES
MAY 17.2010
Board of Directors:
Lee Howard, President
George Chrisman, Vice -President
Richard Kessler, Secretary (Absent)
Ross Obermeyer
Lonnie Simmons
Lori Stitt
Cheryl Lawson
City Stafl:
Peter H Vargas, City Manager
Kevin Hammeke, Director, Finance Department
Tim Dentler, Director, Parks and Recreation Department
Brian Bristow, Assistant Director, Parks and Recreation Department
Connie Schofield, Executive Assistant to the City Manager
Tina Burnside, Senior Administrative Assistant (Absent)
1) Tour of CDC Proposed Projects
a) Waterford Park Bridge
b) Celebration Park Phase II
c) Bethany Lakes Park / Allen Veteran's Memorial
d) Hillside Ball Fields / Blue Sky Indoor Soccer
o Blue Sky Indoor Soccer Rendering
e) Six Cities Trail
2) Call to Order and Announce a Quorum is Present
With a quorum of the Community Development Corporation Board present, President Howard
called the Meeting to order at 7,47 p.m, on Monday, May 17, 2010, in the Chase Oaks Golf
Club.
3) Approve Minutes of the April 19, 2010, Meeting
Motion: Upon a motion by Board Member Chrisman and a second by Board Member
Lawson, the Board voted six (6) for and none (0) opposed to approve the minutes
from the April 19, 2010, meeting. The motion carried.
Community Development Corporation Page 2
Board Meeting
May 17, 2010
4) Other Business
a) City's 2010 General Obligation Rating
• Standard and Poor's Upgraded the City of Allen to their Highest Rating of AAA
• Moody's Recalibrated the City of Allen to their Next I-ligltest Rating of An
b) Sales Tax Analysis
c) Balance Sheet
d) Discussion of Completed Approved Project Status Report
e) Discussion of Active Approved Project Status Report
I) Discussion of Project Status Report
g) Discussion of Project Map
h) Items of Interest 1Bmrd announcements regarding /Deal enac and uh.ntobl, events, meetings.
Jundrmsers, and awards)
• Allen USA Sponsor Lunch / May 19, 2010 / 12:00 p.m. / Hilton Garden Inn
o Allen USA begins at 4.00 p.m. / June 26, 2010 /Celebration Park
•
Next Meeting—June 21, 2010 / 7:00 p.m. / Allen City Hall
o Due to several conflicts, Chair Howard changed the next meeting date to June 28,
2010 / 7'00 p.m. / Allen City Hall
• Annual Board Orientation for Reappointees / October 7, 2010
• Community Calendar
On behalf of the Board, Chair I Toward thanked Tim Dentler, Brian Bristow, and Roy Cuellar,
driver of the tour bus, for a very interesting tour.
5) Adjourn
Motion: Upon a motion by Board Member Stitt and a second by Board Member Simmons,
the Board voted six (6) for and none (0) opposed to adjourn the meeting at 8 30
p.m. The motion carried.
These minutes approved on the 28th day of June, 2010. —_
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r
ce IIoward, PRESIDENT Richard Kessler, SECRETARY