BM 1988-11-16 EcDevMEETING MINUTES
ECONOMIC AND BUSINESS DEVELOPMENT BOARD
CITY OF COPPELL
The Economic and Business Development Board of the City of Coppell
met on Wednesday, November 16, 1988, at 7:30 p.m. in the Executive
Conference Room of the Town Center. The following boardmembers
were present:
David Greer
Don Hodges
Regina Johnson
Lee Richardson
Angelo Vaccaro
Guests:
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: Review and consideration of approval of Tax
Abatement Policy for the City of Coppell
Item No. 4: Discussion and consideration of approval of
purchasing Coppell Gala advertisement
Item No. 5: Chairman's Report
Item No. 6: Consider recommendations from Economic Development
Study performed by University of North Texas
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 October 5, 1988,
were reviewed and approved unanimously by the Board.
Item No. 3: Review and consideration of approval of Tax
Abatement Policy for the City of Coppell
Chairman Richardson emphasized to the Board members that the Tax
Abatement Policy dated 10/31/88 which was sent to the Board by
Frank Trando is a working document only and has not been approved
Memorandum of Meeting
Economic and Business Development Board
City of Coppell
Page Two
by Staff. The document was compiled by putting together the best
parts of all the policies from the various cities that were given
to us. It should not be misconstrued as final. Staff is asking
the Board to review, correct and make recommendations to the policy.
Staff will also meet with the School District and the Municipal
Utility District before finalization.
Several of the Board members expressed concern that the Policy as
written is confusing. It was decided that each member of the Board
would reread the Tax Abatement Policy before the next regularly
scheduled meeting.
A motion was made by Angelo Vaccaro to table consideration and
approval of the Tax Abatement Policy until the next Board Meeting,
December 7, 1988. The motion was seconded by David Greer and the
motion passed.
Item No. 4: Discussion and consideration of approval of purchasing
Coppell Gala advertisement
Chairman Richardson presented a letter from Judy Terry to the City
of Coppell requesting that the City sponsor this year's January 28th
Gala by purchasing a $500 ad in the Gala program. He advised that
the funds for this ad would come from the Economic Development budget.
A motion was made by Angelo Vaccaro that the Board purchase the $500
ad in the 1988 Gala program. David Greer seconded the motion. After
further discussion with several of the Board members indicating a
concern as to the limited amount of funds available to the Board
taking into consideration the amount of funds required to promote the
City in a manner consistent with the recommendations of the University
of North Texas Study, the motion was put to a vote. Angelo Vaccaro
voted in favor of the motion, with David Greer, Don Hodges, Regina
Johnson and Lee Richardson opposing.
Item No. 5: Chairman's Report
Chairman Richardson announced that GTE has accepted a site in Las
Colinas at Royal Lane and Beltline. They will need approximately
one million square feet of lease space and their office space is
anticipated to be available just after the first of the year. GTE
employees will be moving into the surrounding areas. Our problem is
securing the funds to put together quickly a marketing package/
brochure to promote Coppell to the GTE employees.
Several builders and developers have offered to help us in this
endeavor and we need to get them involved along with the Utility
Companies who have offered assistance.
Memorandum of Meeting
Economic and Business Development Board
City of Coppell
Page Three
According to Chairman Richardson, two citizens of Coppell have
volunteered their services to put together a,,marketing brochure
on Coppell. Angelo Vaccaro and Lee Richardson will work with
these volunteers. C. J. Webster and the Metrocrest Chamber of
Commerce have also offered help by putting their resources together.
It was suggested we create a task force to make contact with GTE's
Connecticut offices to establish the protocall in contacting their
employees who will be transferring to this area. Tom Morton suggested
we invite GTE management to Coppell to show them what we have to offer.
Paul Dishman's survey should also be available shortly.
Regarding funding, Chairman Richardson advised that the City Council
passed a resolution that the citizens of Coppell would have an
opportunity to allocate funds to Economic Development on their City
water bills each month. This should build up a fund for Economic
Development. It was suggested that we establish an Economic Develop-
ment Foundation that would set aside our funds so that we would have
monies available as projects arise such as the GTE move to Las Colinas.
Item No. 6: Consider recommendations from Economic Development
Study performed by University of North Texas
Recommendations from the University of North Texas Study were discussed
and prioritized by the Board. Each member of the Board has been
assigned to one or more of these recommendations in an effort to
further promote the City of Coppell as listed below:
Information Kiosk Don Hodges
Guide to Coppell Lee Richardson /Angelo Vaccaro
Slide /Video Presentation Lee Richardson /Angelo Vaccaro
Special Coppell Event Regina Johnson /David Greer
Outdoor Advertising Lee Richardson /Angelo Vaccaro
Angelo Vaccaro moved for adjournment, seconded and the motion carried.
END OF MEETING.
Respectfully submitted:
Regina L. Johnson
Recording Secretary
Economic and Development Board
City of Coppell
October 25, 1988
Lou Duggan, Mayor
and Council Members
City of Coppell
Town Center
Coppell, Tx. 75019
Dear Sirs:
The 6th Annual Coppell Gala "Escape to Paradise" held January 28 at the Hyatt
Regency, DFW, promises to sustain a tradition of great fun and great community
spirit as always, just the thing to get old friends together and give newcomers
an opportunity to savor the friendly ambiance they sought when they chose to
live here.
In years past, the Gala Committee has relied on the City to be a sponsor for
the event, and we are asking you to once again purchase an ad in our Gala program
the cost is $500.00. Once again we are able to keep our tickets at the affordable
price of $35.00 per person. We look forward to you being there and appreciate
the City Council's enthusiastic support every year.
Sincerely,
Judy Terry
Gala Chairperson
JT:dlb
C
COPPELL
COMMUNITY GALA
Sponsored By Coppell Business Association
Meeting Time:
Meeting Place:
Economic and Business Development Board
Notice of Meeting
November 16, 1988
Item 5: Chairman's Report
7:30 p.m. (Open to the public)
Town Center - City Council
Chambers /Executive Conference Room
255 Parkway Boulevard
Coppell, TX 75019
Notice is hereby given that the Economic and Business
Development Board of the City of Coppell will meet in a
special called session on Wednesday, November 16, 1988 in
the City Council Chambers and /or the 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: Review and consideration of approval of Tax
Abatement Policy for the City of Coppell
Item 4: Discussion and consideration of approval of
purchasing Coppell Gala advertisement
Item 6: Consider recommendations from Economic Development
Study performed by University of North Texas
Item 7: Other Business
Adjournment
CERTIFICATE
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 11th day of November, 1988 at 1:00 p.m.
Debbie Cravey