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04-05-2012 (WEDC) Minutes Minutes Wylie Economic Development Corporation Board of Directors Meeting Thursday, April 5, 2012 11:30 A.M. WEDC Offices—Conference Room 250 South Highway 78—Wylie, Texas CALL TO ORDER Announce the presence of a Quorum President Marvin Fuller called the meeting to order at 11:30 a.m. Board Members present were: Mitch Herzog, Chris Seely, John Yeager and Todd Wintters. WEDC staff present was Executive Director Sam Satterwhite and Senior Assistant Gerry Harris. Ms. Harris left the meeting at 12:10 P.M. Ex-officio members Eric Hogue and Mindy Manson were present. Assistant City Manager Jeff Butters was also present and departed the meeting at 12:39 P.M. CITIZEN PARTICIPATION There being no citizen participation, President Fuller proceeded to Action Items. ACTION ITEMS ITEM NO. 1 — Consider and act upon approval of the March 23, 2012 Minutes of the WEDC Board of Directors Meeting. MOTION: A motion was made by Todd Wintters and seconded by John Yeager to approve the March 23, 2012 Minutes of the WEDC Board of Directors Meeting. The WEDC Board voted 5 — FOR and 0 — AGAINST in favor of the motion. EXECUTIVE SESSION The WEDC Board recessed into Closed Session at 11:31 a.m. in compliance with Section 551.001 et.seq. Texas Government Code to wit: Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). • Consider a request for assistance from Project Warranty utilizing WEDC property located at 2804 W. F.M. 544 to develop a new commercial facility. • Consider a request for assistance for a commercial project located near the intersection of Commerce Street and F.M. 544. WEDC—Minutes April 5, 2012 Page 2 of 2 • Consider a request for assistance for the extension of utilities on FM 1378 north of Stonecrest Trail and south of Parker Road. • Consider a request for assistance from Project ATR. Section 551.072 (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). • Consider issues surrounding the purchase of properties located on Cooper Drive near the intersection of FM 544 & Cooper Drive. • Consider issues surrounding the purchase of property located near the intersection of Regency Drive and F.M. 544. RECONVENE INTO OPEN MEETING The WEDC Board of Directors reconvened into open session at 12:41 p.m. and took no action. ADJOURNMENT With no further business, President Fuller adjourned the WEDC Board meeting at 12:41 p.m. Marvin Fuller, President ATTEST: Samuel Satterwhite,Director