BM 1988-12-07 EcDevMEETING MINUTES
ECONOMIC AND BUSINESS DEVELOPMENT BOARD
CITY OF COPPELL
The Economic and Business Development Board of the City of Coppell
met on Wednesday, December 7, 1988, at 7:30 p.m. in the Executive
Conference Room of the Town Center. The f of lowing boardmembers
were present:
Don Hodges
Regina Johnson
Lee Richardson
Angelo Vaccaro
Absent: David Greer
Tom Morton - City Council Liasion
The purpose of the meeting is to consider the following items:
Item No. 1: Meeting Called to Order
Item No. 2: Approval of Minutes
Item No. 3: Discussion of Tax Abatement Policy
Item No. 4: Report on Marketing Plan and Recommendation for
Expenditures
Item No. 5: Chairman's Report
Item No. 6: Other Business
Item No. 1: Meeting Called to Order
The meeting was called to order by Chairman Richardson at 7:30 p.m.
noting a quorum was present.
Item No. 2: Approval of Minutes
The meeting minutes of the previous meeting held on November 16,
1988, were reviewed and approved unanimously by the Board.
Item No. 3: Discussion of Tax Abatement Policy
The Tax Abatement Policy draft dated 10/31/88 submitted to the Board
by Frank Trando was reviewed extensively by the Board members present.
Following considerable discussion, the Board agreed on numerous
changes to the policy. A motion was made by Angelo Vaccaro to revise
the Tax Abatement Policy to reflect the changes agreed upon by the
Board. The motion was seconded by Don Hodges. All Board members
Memorandum of Meeting
Economic and Business Development Board
City of Coppell
Page Two
present approved. The motion carried. (A copy of the Tax Abatement
Policy approved by the Board and returned to City staff for revision.)
Item No. 4: Report on Marketing Plan and Recommendation for
Expenditures
Chairman Richardson reported that he and Angelo Vaccaro have had two
meetings with the group of citizens who are working to put together
a marketing plan for the City of Coppell. The group is progressing
with much enthusiasm. They have put together a short slide presenta-
tion with short statements about Coppell and have presented it to
the relocation service for their use in promoting the City.
Don Hodges reported that an architect is working on the design of
the information kiosk. He should have further information at the
next meeting with possibly a drawing for the Board to review.
A motion was made by Angelo Vaccaro that the Board make available
up to $1,500.00 of Economic Development funds for use in the
production and publication of a new Coppell borchure. The motion
was seconded by Lee Richardson. All Board members agreed. The
motion carried. It was also noted that further funding would be
necessary and that we could possibly seek these funds from builders,
developers, utility companies and the Coppell Business Association.
A motion was made that the meeting be adjourned. It was seconded
and the meeting was adjourned.
END OF MEETING
Respectfully submitted:
Regina L. Johnson
Recording Secretary
Economic and Development Board
City of Coppell
MEETING TIME:
MEETING PLACE:
Economic and Business Development Board
Notice of Meeting
December 7, 1988
Notice is hereby given that the Economic and Business
Development Board of the City of Coppell will meet in
regular session on Wednesday, December 7, 1988 in the City
Council Executive Conference Room of the Town Center, 255
Parkway Boulevard, Coppell, TX. The purpose of the meeting
is to consider the following items:
Item 1: Call to Order
Item 2: Approval of Minutes
Item 3: Discussion of Tax Abatement Policy
Item 4: Report on Marketing Plan and Recommendation for
Expenditures
Item 5: Chairman's Report
Item 6: Other Business
Adjournment
I certify that the above notice of meeting was posted on the
bulletin board at the Town Center of the City of Coppell, TX
on the 2nd day of December, 1988 at 2:00 p.m.
/<
Debbie Cravey
7:30 p.m. (Open to the public)
Town Center
Executive Conference Room
255 Parkway Boulevard
Coppell, TX 75019
CERTIFICATE