03-09-2009 (WEDC) Minutes Min11 tes
Wylie Economic Development Corporation
oard of I irectors Meeting
Friday, March 9, 2009 — 6:30 A.M.
Inwood National ank— Conference Room
200 South Highway 78 —Wylie, Texas
CALL TO ORDER
Announce the presence of a Quorum
President Fuller called the meeting to order at 6:40 a.m. Board Members preset were: Jo'''
Yeager, Mitch Herzog, and Todd Winners.
WEDC staff present was Executive Director Sam Satterwhite a d Administrative Assistant
Gerry
Ex-Officio Board embers Mindy Manson and Mayor Eric ogue were present.
CITIZE PARTICIPATION
There being no citizen participati& , President Fuller proceeded to Action Items.
ACTION ITEMS
ITEM NO. 1 — Consider and Act Upon Approval of the February 20, 2009 Minutes of the
WEDC Board of Directors Meeting.
OTION: A motion was made by Mitch Herzog and seconded by Jo Yeager to
approve the February 20, 2009 Minutes of the WEDC Board of Directors
Meeting. The WEDC loard voted 4 — FOR and 0 — AGA ST in favor of
the motion.
ITEM 10. 2 — Consider a d Act pon Participating with Pella Corporation in a Program
to Provide Entryway Doors to Qualifying Businesses.
Staff reviewed that in 2000, the WE' C entered into an agreement with Molding Associates to
provide entryway doors to businesses located in downtown Wylie. The A!' eement expired in
2003. The Agree' ent outlined that MAI would provide a standard door to qualifying businesses
ad the WEDC would pre-finish and ha' g the doors. While the installation of the doors was part
of the WEDC contractual obligatio with MA!, the business typically fu ded that expe se.
WEDC— Minutes
March 9, 2009
Page 2 of 3
Staff reported that Mr. Aaron Lai ran approached the WEDC and inquired as to the possieility
of the Door Pro am being revived due to the damage of and the upcomirrg remodeling of the
secondary entrance at Pediatric Associates of Wylie on :allard Street. It was volunteered by Mr.
Lanman that while ins ranee would pay for part of the repairs, the entire face of the building is
going to be remodeled similar to improvements I hade by Mr. Heath to surrounding structures
which will exceed the insurance reimbursement.
After being contacted by staff, representatives of Peila were enthusiastic about participating
under tHe identical terms of the previous Program on a case-by-case basis orrly. President Fuller
and oard Member Winners were pleased that Pella was getting involved and were prepared to
participate on that factor alone.
MOTION: A motion was made by Todd Wintters ad seconded by John Yeager to
approve WEDC participation with Pella Corporation to provide an entryway
door to Pediatric Associates of Wylie. The WEDC Board voted 4 — FOR
and 0 — AGAfl ST in favor of the notion.
EXECUTIVE SESSION
The WEDC Board of Directors co vened into Executive Session at 6:45 a.m.
I. Consider Issues Surror r nding the Purchase of Real Property Generally Located Near the
Intersection of F.M. 544 and Regency Drive as Authorized in Section 551.072 (Real
Property) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings
Act).
RECONVr NE INTO OPEN MEETING
The WEDC Board of Directors reconvened into open session at 7:11 a.m.
Actions taken from Executive Session:
MOTION: A motion was made by Mitch Herzog and seconded by Todd Winners
artHorizing the WEDC Executive lirector to execute a Purchase Au eement
in the amount of $850 per square foot with Mr. •aymond Francis to
purchase approximately 0.397 acre located at 2806 FM 544 with instructions
to verify tHe lease agreement with the current lessee and perform a Phase I
environmental study prior to the expiration of the inspection period. The
WEDC Board voted 4 — FOR and 0 — AGAINST in favor oftrre motion.
WE liC— Minutes
March 9, 2009
Page 3 of.3
ADjOU' ENT
With no further business, President ,',, J'arvin Fuller acljouH: red t,it 1,,,WEDC bard meeting at 7:12
a.m..
(
Marvin Fuller, Hi-resident
ATTEST:
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Samuel J.R., Satterwhite
Executive Director