BM 2002-11-13 EcDevCOPPELL ECONOMIC DEVELOPMENT COMMITTEE
November 13, 2002
MINUTES
The Coppell Economic Development Committee met at 6:00 p.m. on Wednesday,
November 13, 2002, at Coppell Town Center, 1st Floor Conference Room, 255 Parkway
Boulevard, Coppell, Texas. The following were present: Chairman Bill Rohloff, Gary
Roden, Bruce Bradford, Jay Thompson, Ron Hansen, Kris Fichtner, Mary Ann Kellam,
Robert Key, City Manager Jim Witt, Gary Sieb, and Andrea Roy.
Call to Order.
The meeting was called to order at 6:00 p.m.
Approval of Minutes
It was moved by Kris Fichtner and seconded by Mary Ann Kellam that the
minutes of the October 2, 2002, meeting be approved as recorded. The motion
passed unanimously.
Summary of the 2002 ICSC (International Council of Shopping Centers)
Idea Exchange Conference.
Chairman Bill Rohloff, Vice Chairman Gary Roden, City Planner Andrea Roy,
and Planning Director Gary Sieb, briefed the Committee on their attendance at the
Conference, indicating that the conference was extremely informative, providing
insight into the retail industry. Staff reported that the retailers in attendance were
extremely positive with regard to continued retail growth and expansion. Staff
will follow up with businesses of interest to Coppell and those contacts made at
the Conference. Staff also distributed photographs of the City's exhibit booth,
which highlighted several retail centers with available lease space and available
retail/commercial land.
Discussion regarding financing opportunities for targeted uses in Old
Coppell.
Mr. Witt briefed the Committee on his meeting with Mr. Paul Vinyard and further
explained his Memorandum, which gave a detailed breakdown of the anticipated
costs of a restaurant in Old Coppell. It is anticipated that some level of financial
assistance will be needed to bring this tenant to Coppell. After discussion among
the Committee members, it was decided that the Committee would invite Mr.
Vinyard to our next meeting to present his business plan. Mr. Witt will get in
touch with individuals in the small business lending industry to investigate
possible financing options.
5. Showing of the updated city of Coppell Marketing Video.
Staff presented the revised Marketing Video, which has now been placed on a
DVD. The original video that had been prepared and sponsored by GTE several
years ago, was updated and all outdated material replaced with current
information, emphasizing the City's office/industrial sector. The City currently
owns three copies of the marketing video and is pricing "business card" size CDs
that could easily be mailed as part of our marketing packet or handed out at
marketing functions.
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General Discussion and Other business.
Staff informed the Committee that The Container Store has made an official
application for development review and incentive agreements are scheduled to go
before City Council on December 10, 2002. Staff also informed the Committee
that the STAPLES incentive agreements had been approved by City Council.
Staff continues to follow the progress of the possible relocation/expansions of
Mary Kay and Somera.
Adjournment
With no further business to discuss, it was moved by Gary Roden and seconded
by Kris Fichtner that the meeting adjourn. By unanimous vote, the meeting was
adjourned at approximately 7:05 p.m.
Respectfully submitted,
Andrea L. Roy, Secretary
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