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BM 1989-08-02 EcDevMeeting Minutes Economic and Business Development Board City of Coppell The Economic and Business Development Board of the City of Coppell met on Wednesday, August 2, 1989 at 7:30 p.m. in the Executive Conference Room of the Town Center. The following boardmembers were present: Guests: Lee Richardson/Chairman Don Hodges Angelo Vaccaro Peggy Sham Dr. Bill Stearman Item No. 1: Meeting Called To Order The meeting was called to order by Chairman Richardson noting a quorum was present. Item No. 2: Approval of Minutes Meeting minutes of June 7, 1989 motion that the minutes be approved. and the minutes were approved. were reviewed Angelo Vacarro made a Don Hodges seconded the motion, Item No. 3: Presentation by Dr. Bill Stearman on Texas A&M Regional Training Center Dr. Bill Stearman gave a slide presentation on the Texas Engineering Extension Service of Texas A&M. The proposed Coppell facility will be approximately 330,000 square feet. The courses offered are primarily for post graduate work and will not compete with local trade schools and colleges. The Texas A&M Extension Service is expected to bring economic development to the City of Coppell. Funds must be raised by the end of September. Currently acquired donations total $453,000.00. A motion was made by Angelo Vaccaro to earmark up to $1,500 out of the Economic Development Board budget for use by the North Texas Regional Training Center Foundation for the purpose of obtaining personal and/or corporate donations. Don Hodges seconded the motion and the motion carried. Item No. 4: Discussion and Consideration of Advertising in Regional Marketing Magazine(s) Discussion was held concerning advertising the City of Coppell in regional marketing magazines. The Board decided this type of advertising does not align well with our current objectives. Meeting Minutes Economic and Business Development Board August 2, 1989 Page 2 Item No. 5: Metrocrest Chamber of Commerce Report - Peggy Sham Peggy Sham reported that the cost of the mailout program to all commercial brokerage firms and developers in the Metroplex is approximately $450.00. Ms. Sham also suggested to the Board that considerable thought be given this year to combining the Founders Day Celebration in conjunction with the Coppell Bicycle Race. Item No. 6: Chairman's Report Chairman Richardson reported that the Economic Development Board 1989 budget is $5,600.00 which is equal to 1% of the total City Budget. Funds are also available to the Economic Development Board from: citizens water bill donations which to date total approximately $3,000.00; and the Coppell Business Association Economic Development fund of $3,500.00 allocated for Coppell Brochures. Chairman Richardson advised that the Economic Development Board will have three vacancies this term. Interested citizens are required to submit applications by August 15, 1989. There being no further business, a motion was made and seconded that the meeting be adjourned. Respectfully submitted, Regina L. Johnson Recording Secretary Economic and Development Board City of Coppell