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03-02-2007 (WEDC) Minutes Minutes Wylie Economic Development Corporation Board of Directors Meeting Friday, March 2, 2007— 11:30 A.M. Inwood National Bank—Conference Room 200 South Hwy. 78—Wylie,Texas CALL TO ORDER Announce the presence of a Quorum. President Fuller called the meeting to order at 11:34 a.m. Board Members present were: Gary Bartow, Mitch Herzog, and Merrill Young. Staff present was Executive Director Sam Satterwhite and Administrative Assistant Gerry Harris. Ex-Officio Member/City Manager Mindy Manson was present. Also present was Randy Helmberger of Helmberger Associates, Inc. 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 February 26, 2007 Minutes of the WEDC Board of Directors Meeting. MOTION: A motion was made by Mitch Herzog and seconded by Gary Bartow to approve the February 26, 2007 Minutes of the WEDC Board of Directors Meeting. The WEDC Board voted 3 —FOR and 0—AGAINST in favor of the motion. ITEM NO. 2 — Consider and Act Upon Issues Surrounding paving improvements to Martinez Lane. After reviewing the final construction estimates provided by Tri-Con for the reconstruction of Martinez Lane, staff requested an alternate design following a preconstruction meeting with Holland Hitch. Staff believes that the best alternative for paving the roadway fronting Holland Hitch is to use a high early concrete which cures in 12 hours opposed to 72 hours. Utilizing a high early mix, Tri-Con can shut down Martinez fronting Holland on Friday evening, remove the existing paving, and complete the repaving by Sunday night. The only other remote possibility would be to shut down one lane at a time fronting Holland which would severely restrict Holland truck traffic ingress and egress. Also required to complete the improvements in one weekend, Tri-Con will have to substitute two inches of concrete for the lime and sub grade stabilization. The lime is not an option under these time constraints because it must sit for two days prior to pouring. As shown on Alternate 1, 8 inch high early concrete paving for the area fronting Holland has a cost of$119,850. The WEDC will however WEDC—Minutes March 2, 2007 Page 2 of 2 receive a credit for 6 inch paving and the lime in the amount of$96,849 resulting in an increased cost to the WEDC in the amount of$23,001. After meeting with Tri-Con and Holland, staff believes this is the only alternative available to the WEDC should Holland's operations be a motivation factor. Randy Helmberger of Helmberger Associates, Inc. attended the meeting to answer any questions that the Board had about the added cost of the project. After discussing the issue of how to have the least impact on Holland Hitch during the construction of Martinez Lane the Board decided that the additional cost of $23,001 would be justified, since the greatest concern is to have the section of Martinez fronting Holland closed for the least amount of time. MOTION: A motion was made by Gary Bartow and seconded by Mitch Herzog to approve the Alternate 1 in the amount of $23,001 to the paving contract between the WEDC and Tri-Con Services. The WEDC Board voted 3 — FOR and 0 — AGAINST in favor of the motion. EXECUTIVE SESSION The WEDC Board of Directors convened into Executive Session at 12:00 p.m. I. Consider and Act Upon Issues Surrounding the Purchase of 3.2 Acres Located Near the Intersection of Hensley and Sanden Boulevard as Authorized in Section 551.072 (Real Property) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). RECONVENE INTO OPEN MEETING The WEDC Board of Directors reconvened into open session at 12:08 p.m. No action was taken as a result of discussions held in Executive Session. ADJOURNMENT With no further business, President Fuller adjourned the WEDC Board meeting at 12:09 p.m. 2 2 4 e 2 4 Merrill Young, e PreAtnt ATTEST: Samuel D.R. Satterwhite Executive Director