BM 1996-10-02 EcDevCOPPELL ECONOMIC DEVELOPMENT PARTNERSHIP
OCTOBER 2, 1996
MINUTES
The Coppell Economic Development Partnership met at 7:00 p.m. on Wednesday, October 2,
1996, at Coppell Town Center, 2nd Floor Conference Room, 255 Parkway Boulevard, Coppell,
Texas, 75019. The following were present: Bronwyn Brock, Chairperson, Chad Beach, Tim
Brancheau, Debbie Cook, Bill Herries, Mary Ann Kellam, Pat Murphy, Ron Pankey, Bill
Rohloff, Gary Sieb, Bill Stearman, Kathy Stephenson, and Jim Witt.
1. Call to Order
Chair Bronwyn Brock called the meeting to order at 7:04 p.m.
2. Approval of Minutes
It was moved by Bill Herries, seconded by Tim Brancheau, that the minutes of
September 4, 1996 be approved as recorded. The motion passed unanimously.
3. Consideration of a request by Lincoln Properties for a tax abatement
It was moved by Bill Herries, seconded by Tim Brancheau, that the 75 % tax abatement
request of Lincoln Properties, located at the southwest corner of Beltline and Wrangler
Roads, be recommended for approval to the Coppell City Council. Motion passed
unanimously.
4. Discussion regarding on-site sales tax rebate in the existing provisions of Chapter
380 of the Texas Local Government Code
Chad Beach led the discussion regarding our tax abatement policy and offered
information on sales tax rebates. After considerable discussion, the Partnership elected
to leave the existing policy as is. At least one member of the Partnership (Ron Pankey)
expressed dissatisfaction with granting sales tax rebates to potential users, and urged the
membership to carefully consider the granting of rebates to any future development.
5. Update on current and potential developments
Gary Sieb discussed the Lincoln Properties proposed development as well as another
25,000 square foot user locating off of Lakeshore Drive. He also mentioned that Capital
One, a large credit card operation was looking at 75-100 acre sites in Coppell for a
possible campus type development. Sieb added that it was too early to determine if
Capitol One would be coming to Coppell, that this was primarily a for -your -information
update only. As more information became available, staff would pass it on to the
Partnership. Jim Witt then advised the committee that the NCAA was looking at nine
areas of the country for possible headquarters relocation, and that property owned by the
Airport and located in Coppell was one of three Airport owned sites (the other two were
located in Euless and Irving, respectively) being considered for this possible relocation.
Jim mentioned that as more information became available the Partnership would be
advised.
6. Economic development packet inserts
Gary Sieb distributed new development packet inserts that reflected changes in several
of the informational enclosures, bringing the inserts up to date with current development
activities.
7. Update on marketing efforts with GTE
Gary Sieb advised the Partnership that GTE, in a luncheon meeting with Jim Witt and
Gary, had volunteered to develop a new Coppell video at no cost to the City. They
agreed to produce it provided we allow some recognition of GTE in the video, we
establish a committee to work with GTE in developing the video, and that we introduce
the video to our citizens at a major community event. Sieb went on to state that GTE
is anxious to get started on the proposal, and was shooting for the week of October 21st
or 28th to begin the project. The Partnership expressed support for this undertaking and
Bill Stearman, Ron Pankey, Mary Ann Kellam, and Tim Brancheau volunteered to work
with GTE and staff as this project proceeds. In addition, Jim Witt added that we might
be wise to have the video formatted for CD ROM --which would be our expense, not
GTE's --and the Partnership concurred.
8. General discussion and other business
With no further business to discuss, a motion to adjourn was made by Bill Stearman,
seconded by Bill Herries. By unanimous vote, the meeting was adjourned at 7:35 p.m.
Respectfully submitted,
Gary L. Sieb, Acting Secretary
102ptnr
NOTICE OF WMING
COPPELL ECONOMIC DEVELOPMENT PAR
Wednesday, October 2, 1996
Meeting Time: 7:00 p.m. (Open to the Public)
Meeting Place: 2nd Floor Conference Room
Coppell Town Center
RE @ IE 0 W Hc�-
SEP 2 719966
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Notice is hereby given that the Economic Development Partnership will meet in regular session on
Wednesday, October 2, 1996, at 7:00 p.m., in the 2nd Floor 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: Approval of Minutes: September 4, 1996
Item 3: Consideration of a request by Lincoln Properties for a tax abatement
Item 4: Discussion to include the on-site sales tax rebate in the exiting provisions of
Chapter 380 of the Texas Local Government Code.
Item 5: Update on current and potential commercial/industrial developments
Item 6: Status of economic development packet inserts
Item 7: Update on marketing efforts with GTE regarding production of an economic
development video for Coppell -- task force liaison
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, September 27, 1996.
Katherine Bowling, Executiv94*etary to the City Manager