BM 1986-09-02 EcDevMinutes of September 2, 1986
The Economic Development Board of the City of Coppeli met
in regular session on Tuesday, September 2, 1986 at 730
p.m. in the second floor Conference Room of the Town Center.
The following members were present:
CHAIRMAN'S REPORT
BUSINESS OWNERS
John Bailey, Chairman
Jay Turner, Co-Chaiman
Jim Brown, Boardmember
Peyton Weaver, Secretary
David Greer, Boardmember
Also present was Secretary Lynn Romeo.
The meeting was called to order.
Chairman John Bailey distributed copies of the following to
the Boardmembers:
A. Literature on the Metrocrest Chamber
of Commerce tour to New York in Sept.
B. Called attention to memo from Tom Morton
referring to Industrial Planning semiar
in Austin.
C. List of members of Chamber of Commerce.
Item 2: Approval of minutes - July 15, & Aug. 5, 1986 •
John Bailey made the motion to approve the minutes of July
15, 1986 and August 5,'1986. Jay Turner seconded; motion
carried 5-0.
Item 3: Consider endorsement of three (3) voting members
and sixteen (16) team members to be presented to
the City Council for appointment.
Chairman John Bailey proposed drafting a letter to the Mayor
and Council, anticipating placement on the next agenda, to
appoint three (3) voting members, Jim Brown, David Greer and
Jay Turner. Jay requested that he make a transition from
voting member to team member, leaving a voting member po-
sition vacant. Discussion followed with suggested nomina
tions to fill the vacancy. Chairman Bailey suggested Don
Keach of Re-Max who had expressed an interest in becoming
a member, also Jim McGovern of Allstate. David Greer sug-
gested that Bill Neer be considered, with Peyton Weaver ex-
pressing an interest in consulting with Laurie Dayton. It
was decided to recommend Jim Brown, David Greer and Don Keach
as the Three (3) voting Members.
Recommended for appointment as team members were the
following:
1. Jay Turner, Ticor Title & Insurance
2. Paul Adams, First Coppell Bank
3. Bobby Minyard, Minyard's Supermarket
4. Jim McGovern, Allstate Insurance
Utility Companies
Land Owners/Developers
1.
2.
3.
4.
Members at large
Commissioner
Phil Brewer,
Commission.
available to
Commissioner
and met with
Item 6:
1. TP&L - Mike Guyton, Assist. Dist. Manager
2. G.T.E. - Ted Brannon, Plant Engineer
3. Lone Star Gas - Doug Jones, Comm. Market Spec.
4. Coppell Water Utilities - Steve Goram,
Director of Public Works
Terra -
Univest
Nikor -
Connell
Jay Patterson
- Mike Alan
Russ Grimes
- Shawn Todd
1. Tim House
2. D/FW Air Cargo Express - Rodney Heltzel
3. D/FW Delta Airlines - C.D. Turner
4. Carmen Homes - Lynn Brock
Chairman John Bailey made the motion to approve; Jim Brown
seconded. Motion was unanimous 5-p.
Item 4: Report from Jim Brown on the trip to The Economic
Development Commission in Austin, Texas.
Brown related to boardmernbers the meeting with
Business Consultant for Economic Development
He was assured that there are funds readity
our CLty if theio are businesses that qualify.
Brown visited the Office of Community Atldirs
John Clairy, Assistant Director of Local
Government Assistance Divisions. Mr. Clairy informed Com-
missioner Brown that there were grant tunds availabAt in th(..
amount of $5,000.00 per. job, 50,000.000 minimum graLt up
to half a million dollars maximum. A grant application was
application was produced and an explanation of procedures
for expediting same. The giants are available to the City
as 10-20 year loans with int( rates of 3% to 5%. It was
suggested that a consultant from EDC attend an Economic De-
velopment Board meeting to explain procedures.
Commissioner Jim Brown was approached by Nikor to co-host
and participate in an open house at Commerce Center in Oct.
Legal aspects were discussed with an alternative that The
Metrocrest Chamber of Commerce host a happy hour party at
Nikor.
Item 5: Report from Chairman John Bailey and Secretary
Peyton Weaver on Master Plan for the City ot Coppeti.
J.T. Duncan presented the Master Plan to the Council at the
budget retreat. The biggest changes that were noted were
in the area zoned light industrial. It has been proposed
to put a buffer strip of commercial zoning in between re-
sidential and light industrial. There is also a suggested
re-routing of Beitline Rd. to line up with Bethel School Rd.
Re-development areas were defined and an alternate route
for Freeport Parkway.
Discussion of tax exempt financing for swill
businesses sponsored by the Texas Economic De-
velopment Commission.
Chairman Bailey informed the members that the City can apply
to Austin for loans valued at from $250,000.00 up to
$10,000,000.00 with floating or fixed rates. The monies
can be used for land purchases or real estate development.
Restrictions would be residential, golf course, country club,
etc.
Secretary Peyton Weaver verbalized the need to communicate
with businessmen visiting the City and suggested that a form
letter be drafted containing pertinent information in a
personalized manner.
Chairman Baily suggested that the next main agenda item
should be the objectives of the Economic Development Board
incorporated into a written marketing plan.
Commissioner Jay Turner suggested an independent demographic
study of Coppell, stating that this should not be a land
owner, business owner, etc. Proposed funding would be from
developers who would benefit from the information.
Secretary Peyton Weaver moved to adjourn the meeting.
Commissioner Jim Brown seconded; motion carried 5-0.
Adjournment.
ATTEST:
Lynr Romeo, Secretary
John Bailey Chairma
Economi d Busin. Development Board
MEETING TIME: 7:30 p.m.
CALL TO ORDER
PUBLIC SESSION
INVOCATION
CHAIRMAN'S REPORT
Item 1: Chairman's Report
Adjournment.
NOTICE OF MEETING
September 2, 1986
MEETING PLACE: Coppell City Hall
255 Parkway Boulevard
Notice is hereby given that the Economic and Business Development Board
of the City of Coppell will meet in a regular called session on Tuesday,
September 2, 1986 at 7:30 p.m. in the Council Chambers at the Coppell
City Hall, 255 Parkway Boulevard, Coppell, Texas. The purpose of the
meeting is to consider the following items:
AGENDA
(Open to the public)
Item 2: Approval of minutes — July 15, 1986
August 5, 1986
Item 3: Consider endorsement of three (3) voting members and sixteen
(16) team members to be presented to the City Council for
appointment.
Item 4: Report from Jim Brown on the trip to the Economic Development
Commission in Austin, Texas.
Item 5: Report from Chairman John Bailey and Secretary Peyton Weaver
on Master Plan for the City of Coppell.
Item 6: Discussion of tax exempt financing for small businesses
sponsored by the Texas Economic Development Commission.
John Bai -y, Chair
Economic and Busin
Boar
Development
I certify that the above notice of meeting was posted on the bulletin
board at the City Hall of the City of Coppell, Texas on the 29th day of
August, 1986 at 11:30 a.m.
EC.DEV.AGD.
AGNDA
Linda Grau, Secretary