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BM 1994-08-03 EcDevNOTICE OF MEETING ECONOMIC & BUSINESS DEVELOPMENT BOARD Wednesday, August 3 , 1994 Meeting Time: 7 p.m. (Open to the Public) Meeting Place: Executive Conference Room at the Coppell Town Center, 255 Parkway Boulevard, Coppell, Texas Notice is hereby given that the Economic and Business Development Board will meet in regular session on Wednesday, August 3, 1994, at 7 p.m., in the.Executive Conference Room at the Coppell Town Center, 255 Parkway Boulevard, Coppell, Texas. The purpose of the meeting is to consider the following items: Item 1: Call to Order Item 2: Review and Approval of Minutes, 7/6/94 & 7/16/94 Item 3: Economic Prospect Activity Report - John Mark Bonnot Item 4: Economic Partnership Report - Jim Cowman Item 5: City Manager's Report Item 6: Review and Approval of Media Relations Report Item 7: Reports from Liaisons and Special Board Members: a) Coppell City Council b) Coppell Chamber of Commerce c) Coppell Independent School District Item 8: General Discussion and 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, Texas, on Friday, July 29, 1994. Kathleen Roach, Executive Secretary to the City Manager City of Coppell Economic and Business Development Board Wednesday, August 3, 1994 MINUTES The Economic and Business Development Board met in a regularly scheduled meeting on Wednesday, July 7, 1994, at 7:00 p.m. in the Executive Conference Room of Coppell Town Center. The following Board Members were present: William Rohloff, Chairman Jim Dippold, Vice -Chairman Jerry Singleton, Secretary Bronwyn Brock Ed Spalding Ron Pankey, Alternate Special Board Members: Jim Witt, City Manager John Mark Bonnot, Coppell Chamber of Commerce Jim Cowman, Chairman, Economic Partnership City Council Liaison: Flo Stahly/Mitch Reitman CISD Liaison: Doug Shaw Media Relations: Kay Tiller Kathleen Roach, Executive Secretary to the City Manager Item 1 Call to Order: Vice -Chairman Jim Dippold called the meeting to order at 7:10 p.m. Item 2 Review and Approval of Minutes: The minutes of July 6 and July 16, 1994 Board meetings were reviewed and approved. Item 3 Economic Prospect Activity Report: John Mark Bonnot provided an update on various companies interested in locating in Coppell. Lone Star Plywood & Door will soon be announcing their groundbreaking which is scheduled for the week of August 22-26. Several other prospects are still interested and decisions should be made in the near future. Item 4 Economic Partnership Repart Jim Cowman reported on the Economic Partnership. The Committee Chairpersons met this morning and a contract proposal from Fantus will be presented to Jim Witt within the next few days. Don Keach traveled to Austin with the Mayor and several others regarding the SH121 bypass and some additional monies promised. Gary Rollins from Rediform has offered to give the Partnership his services on some marketing prospects. Jim Cowman requested to have a joint meeting of this Board and the Partnership next month. Upon a motion from Ron Pankey and a second by Ed Spalding, the Board unanimously agreed to have a joint meeting with the Partnership on September 7, 1994. Item 5 Review & Approval of Media Relations Report: Kay Tiller's monthly report was reviewed. Upon a motion from Ed Spalding and a second by Bronwyn Brock, Ms. Tiller's invoice was unanimously approved. Item 6 Reports from Liaisons and Special Board Members: a) Council Liaison Report Mitch Reitman reported on the upcoming sales tax election. b) Chamber of Commerce Liaison No report, liaison absent. c) Coppell Independent School District Doug Shaw reported the CISD will be holding a public hearing on the 1994-95 budget on Thursday at 6:00 p.m. CISD has experienced a 14% increase in student body and has added 97 new personnel to the school system. A bond issue election to construct more school facilities is anticipated. Item 7 City Manager's Report: City Manager, Jim Witt reported on the City's 1994-95 budget. The request from the EBD Board will be handled on an as -needed basis, with the Chamber's contract paid on a monthly basis. The budget will be officially filed with the City Secretary on Friday, August 5th, and does include a $.02 tax decrease. Town Center will need some renovation when the Library moves out in order to fully utilize all the space efficiently, and City staff is proposing the addition of 5 new personnel during the next year. Privatization of some City services will be examined as appropriate. City's utility costs will be increasing enormously, and the Library operating costs in the new facility will increase by about $100,000. We anticipate issuing bonds in the fall of 1995 for the Sandy Lake Road Project. Item 8 General Discussion and Other Business: With no additional business to discuss, the meeting was adjourned at 8:20 p.m. Respectfully Submitted, Kathleen Roach Executive Secretary to the City Manager /kar minutes.803