BM 2006-09-06 EcDev
COPPELL ECONOMIC DEVELOPMENT COMMITTEE
September 6, 2006
MINUTES
The Coppell Economic Development Committee met at 6:00 p.m. on Wednesday, September 6, 2006 at
Coppell Town Center, 2nd Floor Conference Room, 255 Parkway Boulevard, Coppell, Texas 75019. The
following were present: Bill Rohloff, Bill Lowery, Larry Kingsbury, Jason Crawford, Kris Fichtner,
Kenneth Luttmer, Matt Hall, Mary Ciminelli, David Apple, City Manager Jim Witt, Councilmember Jayne
Peters, Councilmember Marvin Franklin, Chad Beach, Mindi Hurley, and Scarlett Hovland.
Call to Order
1.
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Bill Rohloff called the meeting to order at 6:00 p.m.
Approval of Minutes
2.
It was moved by Larry Kingsbury and seconded by Kris Fichtner that the minutes of the
August 2, 2006 meeting be approved. The motion passed unanimously.
Project TAG
3.
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Mindi explained to the committee that this particular project wanted to stay anonymous. She
shared that it is a project looking to move their corporate headquarters from Addison to
Coppell. They are also reviewing other sites in nearby cities.
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Project TAG is a Corporate Headquarters and Apparel Distribution Facility.
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TAG has identified a 10-acre site in the Amberpoint Business Park. The building will consist
of an 180,000 – 230,000 sq. ft. facility.
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TAG has an estimated $20 million value of inventory. No sales tax will be generated.
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Project TAG wanted a recommendation from the committee for incentives to build in Coppell.
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Discussion followed.
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It was moved by Larry Kingsbury and seconded by Kenneth Luttmer that Project TAG be
offered a 5-year, 75% tax abatement with potential for more depending on the final inventory
value, and to give Mindi the decision to negotiate as needed. The motion carried.
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The committee’s incentive recommendation will have to be presented for council approval.
EXECUTIVE SESSION
Convene Executive Session (Closed to the Public)
4.
A. Section 551.087, Texas Government Code – Economic Development Negotiations.
1. Economic Development Prospects on the west side of Coppell
Bill Rohloff convened into Executive Session at 6:28 p.m. as under the above-stated article and
discussed Item 1. Rohloff recessed the Executive Session at 6:45 p.m. and opened the Regular
Session.
REGULAR SESSION (Opened to the Public)
Discussion of Business Retention
5.
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Mindi shared information on the business retention software that is being used by the City of
Round Rock.
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The Synchronist Business Information System would have a purchase cost along with a cost
to renew each year.
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The benefits of using the software program would offer a company summary report consisting
of the primary contact, lease expiration date, facility type, employee status, and business
change indicators.
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Discussion followed concerning the cost of the program.
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Suggestions included creating our own survey of questions that could be sent to businesses
located in Coppell, making site visits and/or phone calls, contacting the property owners for
lease expiration dates, research other communities who may also be using the software
program. It was also suggested to run a trial version of our businesses through the program.
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Mindi will act on the above suggestions, and update at a future meeting.
General Discussion and Update on Commercial and Industrial Projects
6.
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The Boards and Commissions reception will be held on Tuesday, Sept. 26 beginning at
5:30 p.m.
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A mandatory open meetings act video will be shown at the Oct. 4 meeting and dinner will be
provided beginning at 6 p.m.
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Mindi reviewed projects under construction and businesses that will be opening soon.
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Duke Realty Corporation closed on the Lesley Tract site. The site plan will go before Planning
& Zoning at the November meeting.
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The Old Town Family Practice will be opened in late September.
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The Healthy Me Marketplace will go before council in September. This project will consist of
a 2,995 sq. ft. grocery, restaurant, and cooking school to be located in the Town Center
Addition, along the east side of Denton Tap Road and north Town Center Blvd.
With no further business to discuss, it was moved by Larry Kingsbury and seconded by Kris
Fichtner that the meeting adjourn. By unanimous vote, the meeting was adjourned at 7:30 p.m.
Respectfully submitted,
Scarlett Hovland
Secretary