BM 1989-12-06 EcDevMINUTES
of the
ECONOMIC AND BUSINESS DEVELOPMENT BOARD
December 6, 1989 Meeting
The Economic and Business Development Board met in regular session
on Wednesday, December 6, 1989, at 7:30 p.m. in the Showroom of the
Amphitheater at Vista Ridge Mall, Lewisville, Texas, with the
following board members present to wit:
Lee Richardson, Chairman
Richard Johnson
Angelo Vaccaro
David Greer
STAFF:
Alan Ratliff, City Manager
Larry Jackson, City Attorney
Gary Sieb, Director of Planning and Community Services
GUESTS:
Tom Tanner, Lomas & Nettleton Realty
Charles Emery, Lomas & Nettleton Realty
ITEM 1: Call to Order: The meeting was called to order by
Chairman Richardson noting a quorum was present.
ITEM 2: Approval of Minutes - November 8, 1989 Meeting: The
minutes of the November 8, 1989, meeting were reviewed.
Richard Johnson made a motion that the minutes be
approved. Angelo Vaccaro seconded the motion and the
minutes were approved.
ITEM 5: Discussion of Industrial/Commercial Property Owners:
Charles Emery and Tom Tanner, of Lomas & Nettleton, were
introduced. Mr. Emery is Senior Vice -President of Lomas
& Nettleton, and is chairman of the Economic Development
Board of the Lewisville Chamber of Commerce. Mr. Tanner
is Project Manager for the Vista Ridge project.
Mr. Emery gave an overview of Lomas & Nettleton's
marketing efforts on the national and international
levels. He specifically discussed responses and
experiences they had had with submitting proposals for
U.S. Memories and Homart. The list of items which was
considered in these proposals included incentives up to
$750 million.
Mr. Emery further related that team work within the
community is essential and that the business community,
developer, chamber of commerce and City must all pull
together in presenting a proposal for such an industry.
Mr. Emery revealed that in his capacity as Economic
Development Board Chairman for the Lewisville Chamber of
Commerce, they had developed an economic development plan
for Lewisville and will focus attention on the small
developing companies.
Tom Tanner, project manager for the Vista Ridge Project,
then reviewed the specific proposal which was made for
U.S. Memories. Information provided in that proposal and
submitted in response to a 16 -page questionnaire
considered items such as: major water/sewer
requirements; electrical requirements; transportation
(but not including mass transportation such as DART); air
quality requirements, incentive packages; industry -
related support services; quality of life issues such as
housing, schools, etc. (provided from MPF Research); area
climate; water availability; cultural and recreational
facilities; shopping; traffic congestion; labor rates
(for manufacturing equipment operators, general and
administrative personnel and technical personnel);
utility rates; construction permits; and a list of all
taxes applicable to the facility and services.
Mr. Emery and Mr. Tanner told us Lomas & Nettleton has
catered breakfast and lunch for commercial brokers,
followed by a tour of the Vista Ridge Project, in order
to further publicize and market the project.
2
In general discussion, Mr. Emery informed the Economic
and Business Development Board that he had invited Dr.
Stearman to the Lewisville Chamber of Commerce Board, to
present the A&M Project. The Chamber board was receptive
and supportive of the need for an educational facility
of this type, but it was not sure if they would
contribute money for the project. Mr. Emery was also
asked his opinion of employing an economic development
director. He responded that no funds were available
within the Chamber budget this year, but they would
attempt to fund that position in 1991. He estimated the
salary cost at $75,000, with travel and other O&M costs
in addition to this amount.
ITEM 3: Discussion and consideration of the Tax Abatement
Ordinance and the Proposed Revisions to that ordinance:
Several suggested changes and revisions were made by
Richard Johnson and approved by the board. On a motion
by Angelo Vaccaro, seconded by Richard Johnson, the board
approved recommending the revised Tax Abatement Ordinance
and policy to the City Council provided that Larry
Jackson will make the discussed changes and submit it to
the board prior to submission to the City Council in
January. The motion was approved 4-0.
ITEM 4: Review of Major Projects: Information was distributed
to the board, by the City Manager, concerning the
Information Center. The board asked that a
representative of IBM attend their next meeting to review
this computer .enhanced information system. The board
also asked that Dale Jackson be invited to attend and
bring the plans of the Kiosk with him, so that they could
discuss the construction of that facility. While
discussing these items, a request was made to install a
sign on Denton Tap Road indicating the direction of the
Town Center.
The Coppell brochure was discussed by Richard Johnson and
he will re -work the wording, as needed, and get reprints
for insertion in the shells.
3
Richard Johnson reported on the logo and provided a
memorandum, which discussed the three options for
developing a new logo. Mr. Johnson recommended that the
North Texas State University students be utilized in
developing a logo. This would be less costly than the
other two methods and could be completed by March of
1990. The board authorized Richard Johnson to proceed
in obtaining a cost estimate, from the North Texas State
University students, for developing the proposed logo.
The item will be placed on the January City Council
agenda for consideration by the City Council after this
quote is received.
Richard Johnson reported that the video work is
proceeding and a major requirement is to obtain a written
script for the new video. Angelo Vaccaro made a motion
to recommend to the City Council that $1200 be spent to
hire the services of a script writer for production of
the video. The motion was seconded by David Greer and
passed 4-0. This item will be placed on the January City
Council agenda.
There being no further business the meeting was adjourned by the
chairman, and the next regularly scheduled meeting of the Economic
and Business Development Board will be Wednesday, January 3, 1989,
at 7:30 p.m. at the Coppell Town Center.
Respectfully submitted,
Alan D. Ratliff, City Manager/Staff Liaison
for the Economic and Business Development
Board of the City of Coppell , Texas
ADR:cw
4
NOTICE OF MEETING
ECONOMIC & BUSINESS DEVELOPMENT BOARD
Wednesday, December 6, 1989
Meeting Time: 7:30 P.M. (Open to the Public)
Meeting Place: The Showroom of the Amphitheater at Vista
Ridge in Lewisville, Texas
Notice is hereby given that the Economic and Business Development
Board and the Industrial Development Board will meet in regular
session on Wednesday, December 6, 1989, in the Showroom of the
Amphitheater at Vista Ridge, in Lewisville, Texas. The purpose of
the meeting is to consider the following items:
ellCiItem 1:,
Item 2:
Call to Order
Review and Approval of Minutes - November 8, 1989
J`
Item 3:
a) Discussion, consideration of an amendment to the tax
.f
y
R
abatement ordinance
�
b) Consideration of recommending adoption of the
amendment to the tax abatement ordinance by the City
Council
Item 4:
Review and Discussion of Major Projects:
a) Review of drawings of the Information Center from Don
Hodges, and discussion of its construction
b) Discussion of Coppell brochure: Inventory
c) Discussion of plan of action for obtaining a
new City logo
Item 5:
Discussion with industrial and commercial property owners
regarding assistance needed to secure development
projects:
a) Tom Tanner of Lomas -Nettleton Realtors
b) Charles Emery of Lomas -Nettleton Realtors
Item 6: Discussion of the Business USA Conference
Item 7: Adjournment �«
ruts
i r
Chairman
CERTIFICATE
I certify that the above notice of meeting was posted on the
bulletin board at the Town Center of the City of Coppell, Texas on
the Friday, December 1, 1989 at 4:10 p.m.
irrie Walker, Executive Secretary
ty Manager's Office