Loading...
BM 2004-11-03 EcDevCOPPELL ECONOMIC DEVELOPMENT COMMITTEE November 3, 2004 MINUTES The Coppell Economic Development Committee met at 6:00 p.m. on Wednesday, November 3, 2004 at Coppell Town Center, 2nd Floor Conference Room, 255 Parkway Boulevard, Coppell, Texas 75019. The following were present: Gary Roden, Bill Lowery, Larry Kingsbury, Jason Crawford, Marvin Franklin, Kris Fichtner, Ken Luttmer, Matt Hall, Jeanne Hooker, Allen Mushinski, Councilmember Billy Faught, Councilmember Marsha Tunnell, and Andrea Roy. Call to Order Vice Chairman Gary Roden called the meeting to order at 6:00 p.m. The order of agenda items was revised as follows. Discussion regarding proposed development of the 40-acre parcel (756 Sandy Lake Road) on the north side of Sandy Lake Road, between Coppell Road and SH 121. Andrea Roy distributed materials related to the subject item, which provided a list of extraordinary development costs associated with this site, estimated city development fees, proposed incentives, a site plan, and a breakdown of the tree mitigation costs. Discussion continued related to the proposed incentives and the degree of tree mitigation. The developer will be coming before the Committee at the next regular scheduled meeting to formally request a tax abatement and additional relief to City fees. Approval of Minutes: October 6, 2004 (Regular Scheduled Meeting) and October 20, 2004 (Special Called Meeting) It was moved Larry Kingsbury and seconded by Marvin Franklin that the Minutes of October 6, 2004, and October 20, 2004, be approved as written. The motion passed unanimously. General Discussion Committee members were updated related to a Fortune 500 Company potentially relocating to Coppell and details of the operations were explained. City Staff will keep the Committee apprised of the status of this relocation. A special meeting that will be held on Tuesday, November 16, 2004, to continue in depth discussions regarding the Economic Development Strategic Plan. Discussion regarding the compilation of an Economic Development Strategic Plan. This item was not discussed, as City Staff had not formalized the Committee's last updates to the Plan. Adjournment With no further business to discuss, it was moved by Kris Fichtner and seconded by Marvin Franklin that the meeting adjourn. By unanimous vote, the meeting was adjourned at 8:15 p.m. Respectfully submitted, Andrea Roy Economic Development Coordinator