BM 2006-03-01 EcDev
COPPELL ECONOMIC DEVELOPMENT COMMITTEE
March 1, 2006
MINUTES
The Coppell Economic Development Committee met at 6:00 p.m. on Wednesday, March 1, 2006 at
Coppell Town Center, 2nd Floor Conference Room, 255 Parkway Boulevard, Coppell, Texas 75019. The
following were present: Bill Rohloff, Gary Roden, Bill Lowery, Larry Kingsbury, Jason Crawford, Jim
Pranske, Marvin Franklin, Kris Fichtner, Kenneth Luttmer, Matt Hall, David Apple, City Manager Jim
Witt, Councilmember Bill York, Mindi Hurley, Chad Beach, and Scarlett Hovland.
1. Call to Order
. Bill Rohloff called the meeting to order at 6:00 p.m.
. Mindi thanked Bill for the Economic Development presentation to the City Council on
February 28,2006.
2. Approval of Minutes
It was moved by Marvin Franklin and seconded by Gary Roden that the minutes of the February
1, 2006 meeting be approved. The motion passed unanimously.
3. Consideration of a Request by C & J Consulting, Inc. for a Tax Abatement
. Mindi Hurley explained that C & J Consulting, Inc. requested a 10-year, 50% tax abatement
for the existing facility located at 1230 Crestside Drive.
. Chad Beach presented the tax inventory for the said company.
. This would involve a long-term lease. It would be the location of the company's
headquarters.
. The building would be used for warehouse and shipping of parts. There would be some on-
site repairs, but storage would be inside.
. The company will have approximately 50 employees at this location.
. It was moved by Marvin Franklin and seconded by Larry Kingsbury that a 10-year, 50% tax
abatement be granted for C & J Consulting, Inc. for the existing facility located at 1230
Crests ide Drive. The motion passed unanimously.
4 Discussion of Sales Tax Revenue
. Mindi Hurley presented a city wide sales tax receipt graph for the FY 2000 up to the present.
. The decline in revenue only shows to be less than 5%. This decline is contributed to 9-11
and the surrounding retail and grocery shops.
. There is still significant conceru over the issue of the StreamLine Sales Tax issue.
5. Discussion of Incentive Policy
. This discussion was tabled for a future meeting.
6. Discussion of Collateral Materials
. Mindi Hurley shared that the top three tag lines consisted of the following:
. In The Middle Of It All
. Gateway To The Metroplex
. The World At Your Door Step
. The favored tag line was agreed upon was In The Middle Of It All.
. Mindi has contacted the CISD to have students help with the graphics.
7. Discussion of Business Retention Monthly Visits.
. Mindi will set up the appointments with designated businesses. She will send an email to the
committee members when the appointment is set. Mindi would like at least one member to
accompany her on the visits.
. Appointments have been made with Minyards for Wed., March 22 and Avaya for Wed.,
March 29.
. Mindi is hoping to visit four businesses each month.
8. General Discussion and Update on Commercial and Industrial Projects
. Duke Realty Corp. released a news release for Uline Signs. Uline will occupy the entire
143,000 sq. ft. Freeport XIV facility at Freeport North in Coppell. The completion date is
scheduled for March 15.
. Mindi reviewed the projects under construction, which can be found on the Coppell Clips
website.
. Mindi will notify the committee on ground-breaking dates.
. Coppell Deli in Old Town is considering an expansion toward the East.
. Parking continues to be a problem for Old Town.
. State Hwy. 121 are moving ahead and the first phase is scheduled to begin in the 4th quarter
of 2006. This project is anticipated to take up to 10 years for completion.
. Construction on the Junior College is scheduled to begin in the 4th quarter of 2006. The Dallas
Texans Soccer Club is moving forward with purchasing the Carter-Crowley tract.
With no further business to discuss, it was moved by Larry Kingsbury and seconded by Marvin
Franklin that the meeting adjouru. By unanimous vote, the meeting was adjourued at 7:30 p.m.
Respectfully submitted,
Scarlett Hovland
Secretary