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BM 2000-12-06 EcDevCOPPELL ECONOMIC DEVELOPMENT COMMITTEE December 6, 2000 MINUTES The Coppell Economic Development Committee met at 7:00 p.m. on Wednesday, December 6, nd 2000 at Coppell Town Center, 2 Floor Conference Room, 255 Parkway Boulevard, Coppell, Texas 75019. The following were present: Chairman Bill Rohloff, Vice-Chairman Gary Roden, Jay Thompson, Dennis Onalaja, Bill Herries, Tim Brancheau, Karen Hunt, Mohamed Elmougy, Robert Key, Gary Sieb, Andrea Roy, and City Manager Jim Witt. 1. Call to Order Chairman Bill Rohloff called the meeting to order at 7:05 p.m. 2. Approval of Minutes It was moved by Bill Herries and seconded by Dennis Onalaja that the minutes of the November 1, 2000 meeting be approved as recorded. The motion passed unanimously. *Item #4 was placed in front of #3 for discussion. 4. Discussion regarding acknowledgement of Triple Freeport Participants. The Committee resumed discussion on the manner in which to acknowledge the Triple Freeport Participants and contributors. Staff indicated that the donation of $2,000 to the CISD Education Foundation was approved by the City Attorney and Manager and ready to be forwarded to the CISD. The monies will be given to the CISD prior to or at their December 18, 2000 meeting. Staff also indicated that the price for the ad placement in the Dallas Business Journal would increase in January; the month in which in the ad was to run. The ad price increased from $2,970 to $3,270. The Committee did not object to the increase and agreed to proceed with the ad to acknowledge the Triple Freeport Participants. Mr. Witt also discussed that the City had received the necessary monies from all contributing participants and it is estimated that the amount received will actually exceed the level needed by the CISD. As previously discussed, any excess monies will be refunded to the contributors. It was moved by Bill Herries and seconded by Jay Thompson to pay the increased rate of $3,270 for a ½ page ad in the Dallas Business Journal. It was passed unanimously. 3.Presentation by Andrew Bardach, Chairman of the Telecommunications Board regarding Co-location center. Andy Bardach and Kerrin Garrick-Foltyn of the Coppell Telecommunications Board were present to present a proposal for a shared business services center in the City of Coppell. Mr. Bardach made the presentation regarding the shared business services center, also known as a “co-location center.” Mr. Bardach indicated that the co-location center would provide professional office solutions on a fee basis for Coppell residents/businesses, targeting home-based businesses and telecommuters. He expressed that there is a need here in Coppell to serve the growing tech population. Such a center would offer a wide variety of community information, videoconferencing, high speed internet access, varied communications devices, reception and secretarial services, private lounges, interview/meeting rooms, plug in workstations, training opportunities, and community job sourcing. Mr. Bardach indicated that the City would benefit from this due to new sales tax revenue, reduction in traffic congestion by having more people work from home, and promoting work to local businesses, etc. Finally, Mr. Bardach expressed the desire to the Committee that a research study by an outside consulting firm be 1 conducted to determine the need and feasibility of such a facility. Discussion followed among Committee members and Mr. Bardach and Ms. Garrick-Foltyn. The Committee expressed concerns regarding the cost-benefit of this type of facility and Mr. Elmougy was aware that Farmer’s Branch had recently undergone a study for a similar type of facility. Mohammed was asked to see if he could obtain a copy of the Farmer’s Branch study for the conference facility, to get a better idea of the area’s demands. The Committee will continue discussions on this matter. Adjournment With no further business to discuss, it was moved by Mary Ann Kellam and seconded by Karen Hunt that the meeting adjourn. By unanimous vote, the meeting was adjourned at 8:15 p.m. Respectfully submitted, Andrea L. Roy 2