BM 2004-05-04 EcDevCOPPELL ECONOMIC DEVELOPMENT COMMITTEE
May 5, 2004
MINUTES
The Coppell Economic Development Committee met at 6:00 p.m. on Wednesday, May 5, 2004 at Coppell
Town Center, 2nd Floor Conference Room, 255 Parkway Boulevard, Coppell, Texas 75019. The following
were present: Chairman Bill Rohloff, Jason Crawford, Gary Roden, Ed Thomas, John Durand,
Kris Fichtner, Matt Hall, Ron Hansen, Marvin Franklin, Cindy Warner, Jeanette Cajide, Larry Kingsbury,
Mayor Pro Tem Jayne Peters and Councilmember Tim Brancheau, City Manager Jim Witt, Chad Beach,
and Scarlett Hovland.
Call to Order
Bill Rohloff called the meeting to order at 6:00 p.m.
Swearing in of New Appointee
Bill Rohloff introduced and swore in new appointee, Larry Kingsbury.
Approval of Minutes
It was noted that the April 7, 2004 minutes be amended to show that Marvin Franklin was in
attendance at the meeting. Item 5 should stand corrected to read "Discussion regarding Tree
Mitigation". Under that item the name Gary Roden be amended to read Gary Sieb. It was then
moved by John Durand and seconded by Marvin Franklin that the minutes of April 7, 2004
meeting be approved with amendments. The motion passed unanimously.
Consideration of a request by lNG Clarion for Tax Abatement
· Chad Beach introduced Marc Myers with Myers & Crow Co.
· Mr. Myers made a request for a 75% tax abatement for a proposed development of an
office/warehouse facility consisting of approximately 604,800 square feet. The facility will be
located on the north side of Sandy Lake Road, between Royal Lane and Northpoint Drive on
approximately 31.57 acres.
· Mr. Myers explained that the development would begin construction in June. Estimated time
of completion is 8 - 9 months. The estimated value of the building will be over $12 million.
The land estimated value is $2.25/sq. ft. or a total of $3 million. At 100% leased, the value of
the building inventory not subject to Freeport Exemption may range from $2 million to $20
million. The projected employment will range between 200 - 300 employees with an average
salary of $30,000, and approximately 5% of those employees are expected to reside in
Coppell.
· Mr. Myers briefed the committee on the site constraints, which include an existing "livestock
pond", whose removal required a ruling from the U. S. Corps of Engineers. In addition, 2
acres of the site will be dedicated for a City of Coppell Drainage Easement, which will include
a $350,000 drainage structure.
· Discussion followed. It was moved by Matt Hall and seconded by Marvin Franklin that lNG
Clarion be granted a 5-year, 75% tax abatement. The motion passed.
Update and Discussion regarding Streamlined Sales and Use Tax
· City Manager Jim Witt shared that Congress tabled internet taxation until 2007, however the
State will continue moving forward regarding the Streamlined Sales and Use Tax.
· CASTLE is still active and will have feedback on surveys from communities in Texas
pertaining to the Streamlined Sales and Use Tax.
Discussion regarding Tree Mitigation
· Bill Rohloff shared that he, Gary Roden, and Kris Fichtner will be meeting this month with the
Park & Rec. Board Tree Mitigation appointees who will include Victor Burke, President of the
Parks & Rec. Board.
· The Tree Mitigation Ordinance is on the city's web site at ci.coppell.tx.us for members to
review.
Update on Commercial and Industrial Development Projects
· Jim Witt updated on several projects:
· IDI has begun development of a 375,000-sq. ft. warehouse located on Beltline Rd.
north of North Lake.
· Proposed Townhome developer for location at MacArthur and 121.
· The beer and wine petition drive has stalled. The major roadblock to its completion is
funding.
· 1,600 ft. of a tributary to Grapevine Creek between Freeport Pkwy. and Coppell Road
along Bethel Road has been declared jurisdictional waters of the US by the U. S. Army
Corps of Engineers.
· Potential development for CVS at MacArthur Blvd. and Sandy Lake Rd.
With no further business to discuss, it was moved by Larry Kingsbury and seconded by Matt Hall
that the meeting adjourn. By unanimous vote, the meeting was adjourned at 7:30 p.m.
Respectfully submitted,
Scarlett Hovland
Secretary