BM 2005-07-06 EcDevCOPPELL ECONOMIC DEVELOPMENT COMMITTEE
JULY 6, 2005
MINUTES
The Coppell Economic Development Committee met at 6:00 p.m. on Wednesday, July 6, 2005 at Coppell
Town Center, 2nd Floor Conference Room, 255 Parkway Boulevard, Coppell, Texas 75019. The following
were present: Gary Roden, Bill Lowery, Larry Kingsbury, Allen Mushinski, John Durand, Marvin
Franklin, Kris Fichtner, Matt Hall, Gary Sieb, Mindi Hurley, Chad Beach, Planning Director Gary Sieb,
Matt Steer, City Manager Jim Witt, Deputy City Manager Clay Phillips, Councilmember Bill York,
Councilmember Thom Suhy, Mindi Hurley and Scarlett Hovland.
Call to Order
· Gary Roden called the meeting to order, determined that a quorum was present and convened
into Executive Session.
EXECUTIVE SESSION
Convene Executive Session (Closed to the Public)
A. Section 551.072, Texas Government Code - Deliberation regarding Real Property.
1. Discussion regarding the sale of city property south of Bethel Road from Park
Road to Freeport Parkway.
Gary Roden convened into Executive Session at 6:11 p.m. as under the above-stated article and
discussed Item 1. Roden recessed the Executive Session at 6:17 p.m. and opened the Regular
Session.
REGULAR SESSION
(Opened to the Public)
Approval of Minutes
It was noted that the May 4 minutes by amended to show that Bill Rohloff was in attendance via
telephone conference call. It was moved by Marvin Franklin and seconded by Kris Fichtner that
the minutes of the May 4, 2005 meeting be approved. The motion passed unanimously.
Consideration of a request by Historic Coppell Properties for a tax abatement and economic
development incentive agreement for two (2) buildings consisting of approximately 32,995 sq.
ft. of space for medical office space on 3.29 acres, located south of Bethel Road and east of
Coppell Road.
· Dr. Tony Swaldi, representative for the Historic Coppell Properties addressed the
committee on the medical office project.
· Building is scheduled to begin construction in six to eight weeks.
· Completion date is estimated for January 2006.
· Phase One of the building would consist of a 16,687-square-foot medical and office
building, containing approximately 1.6 acres of property.
· Phase Two of the project would be developed at a future date consisting of 16,421-square-
foot medical and office building, containing approximately 1.6 acres of property.
· Phase One building would be an owner occupied facility.
· Chad Beach reviewed the tax abatement agreement and economic development incentive.
· This project will benefit the development of Old Coppell.
· The project will enable the sale of City Property
· Discussion followed.
It was moved by Larry Kingsbury and seconded by Marvin Franklin that Historic Coppell
Properties be granted a 5-year, 75% tax abatement, and a 50% waiver of Roadway Impact
and Building Permit fees. The motion passed.
Consideration of a request for a letter of support for a Foreign Trade Zone application by
World Factory Inc. located at 306 Airline Drive.
· Mindi Hurley briefed the committee on World Factory and their request for Foreign Trade
Zone status.
· World Factory is located at 306 Airline Drive. They are a distributor of home and garden
products throughout the United States. World Factory has subleased 75,000-sq. ft. and
anticipates significant growth. The warehouse will be utilized for distribution of the
companies products on a worldwide basis
· Mindi introduced Lou Thomas, representing Dennis Konopatzke, Counselor at Law on be-half
of World Factory's request for Foreign Trade Zone status. Lou explained the benefits for
World Factory should a Foreign Trade Zone be granted.
· Discussion followed.
· It was moved by Larry Kingsbury and seconded by Marvin Franklin that the request for a
Foreign Trade Zone be deferred until a future date after additional research is submitted on a
Foreign Trade Zone and how it would affect the City. The motion passed.
Consideration of a request made by KPMG for a sales tax rebate for a potential procurement
company.
· Mindi Hurley briefed the committee on the request made by KPMG for a sales tax rebate.
· KPMG was requesting a 100% rebate of the City's 1% for 30 years.
· Discussion followed.
· It was moved by Larry Kingsbury and seconded by Marvin Franklin that Mindi counter their
request with a 50 - 75% rebate of the 1% for 5 years. The motion passed.
· Mindi will follow-up with KPMG and report back the committee their response.
Presentation on Old Coppell Master Plan.
· Planning Director Gary Sieb and Matt Steer presented a power point show for the development
of Old Coppell Master Plan. Cliff Long was also in attendance.
· An Old Coppell Master Plan Summary was designed by Looney Ricks Kiss in May 2002.
· Land use would consist of:
· 16% Mixed Use
· 13 % Retail
· 9% Institutional
· 52% Park
· 9% Residential
· Physical Improvements would include:
· Streetscape Redevelopment
· Renovations & Infill Development
· Grapevine Springs Parks Improvements
· Farmers Market which has already been established and is a huge success.
· A Village Green with a Gazebo
· Old Coppell Inn
· Senior Center & Community Center
· A Greenway System
· Gary Sieb shared that the success of Old Coppell will need the following to happen:
· Citizens living in Old Town. Town Homes are being developed at this time.
· A restaurant is being presented at the next Planning and Zoning meeting for approval of
developing in Old Town, which will help to draw people to Old Town.
Finalize Strategic Plan
· Mindi Hurley reviewed the Strategic Economic Development Plan with the committee.
· Minimal word changes were made.
· Goal I: Strategy 3: Action 2 & 3 were reversed in order.
· Goal II: Strategy 2: Action 2 was deleted.
· It was moved by Kris Fichtner and seconded by Marvin Franklin that the Strategic Plan be
approved subject to the requested changes. The motion carried.
· Mindi Hurley will present the Strategic Plan to the City Council at the July 26 meeting.
General Discussion and Update on Commercial and Industrial Projects
· Town Center Bank will be moving this month to their new facility located at 654 N. Denton
Tap Road.
· Development continues for the Cr6me de la Cr6me Day Care Center on S. Denton Tap Road.
A 20,000 square-foot building will occupy the 2.80 acre tract site
· DFW property located near 1-635 is being considered for bid and revenue sharing with the
City.
· Universal Academy is planning to take occupancy of the existing building located at the
southeast comer of Sandy Lake Road and MacArthur Blvd.
· North Lake College Campus will begin construction on 35.9 acres at the southeast comer of
State Highway 121 and Sandy Lake Road.
· St. Joseph Village will begin expanding their location at 1201 E. Sandy Lake Rd.
With no further business to discuss, it was moved by Larry Kingsbury and seconded by Marvin
Franklin that the meeting adjourn. By unanimous vote, the meeting was adjourned at 8:30 p.m.
Respectfully submitted,
Scarlett Hovland
Secretary