11-01-2013 (WEDC) Minutes Minutes
Wylie Economic Development Corporation
Board of Directors Meeting
Friday,November 1, 2013 6:30 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 6:30 a.m. Board Members present were John
Yeager, Demond Dawkins, Todd Wintters, and Mitch Herzog.
Ex-officio members Mayor Eric Hogue and Mindy Manson were present.
WEDC staff present was Executive Director Sam Satterwhite and Senior Assistant Gerry Harris.
City Engineer Chris Holsted was present.
CITIZEN PARTICIPATION
With no citizen participation, Mr. Fuller proceeded to Action Items.
ACTION ITEMS
ITEM NO. 1 — Consider and act upon approval of the October 18, 2013 Minutes of the
Wylie Economic Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by Demond Dawkins and seconded by Todd Wintters
to approve the October 18, 2013 Minutes of the Wylie Economic
Development Corporation. The WEDC Board voted 5 — FOR and 0 —
AGAINST in favor of the motion.
ITEM NO.2—Consider and act upon issues surrounding the Fifth Street median opening.
Staff reviewed that within the FY 2013 — 14 WEDC Budget, $60,000 was budgeted for median
improvements to the intersection of 5th Street& State Highway 78. A median with two-way turn
bays was discussed that would facilitate commercial development in the area. While there would
obviously be a benefit to residential traffic southeast of 78,the emphasis for WEDC involvement
would lie solely on enhancing commercial access. Also within budget discussions was that the
WEDC would provide up to 50% of the funding required with the City of Wylie providing the
remainder.
The City of Wylie Engineering Department submitted the median design to TxDOT with two-
way turn bays. TxDOT denied the northbound bay. The explanation provided by TxDOT was
that the turn bay into an undeveloped area would only be used for U-turns. The City Engineer
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November 1, 2013
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argued that U-turns would still be made and under the design requested those vehicles would at
least be removed from the main lanes on 78. The City Engineer appealed the decision but was
unsuccessful. Mr. Holsted further expanded that he felt that TxDOT would not ever approve the
northbound bay until there was an actual building permit issued for a project on the north of SH
78.
Mr. Hoisted indicated that the Engineering Department was prepared to move forward with the
project and has $75,000 in funding approved with a total project cost estimated at $110,258.
While the design was not what had been presented to the Board, staff still believed the benefit to
surrounding commercial properties is significant. Access to Wylie 1st Center will be improved
along with access to the block of land surrounding Wylie Carpet & Tile. Further, when
development does occur north of 78, the median will already be in place.
Staff recommended that the WEDC Board of Directors approve 50% of the project cost, or
$55,129, toward the construction of median improvements at the intersection of 5th Street and
State Highway 78.
MOTION: A motion was made by Mitch Herzog and seconded by John Yeager to
approve the expenditure of up to $55,129 for median improvements at the
intersection of 5th Street and SF1 78. The WEDC Board voted 5 —FOR and
0—AGAINST in favor of the motion.
DISCUSSION ITEMS
ITEM NO. 3—Staff Report: review issues surrounding a Performance Agreement between the
WEDC and Sanden International, (U.S.A.),Inc.
Performance Agreement between the WEDC and Sanden International(USA), Inc.
Staff reported that Sanden had scheduled a meeting for 10-30-13 to discuss the status of the
piston line installation and issues surrounding the proposed Performance Agreement. That
meeting was cancelled by Sanden and rescheduled for 10-31-13. Staff reminded the Board that
the WEDC had requested that Sanden provide financial documentation surrounding cost of the
piston line and the line's annual output by 11-1-13 or all financial commitments within the
proposed Performance Agreement would be void.
The 10-31-13 meeting was also cancelled, but staff received an email from Jimmye Phaup, COO,
with the following information:
Piston Equipment Purchased Capitalized $3,883,696
Piston Equipment Leased Lease $13,359,299
New model introduction(Nissan) Purchased Capitalized $4,900,000
PX assembly line improvement Purchased Capitalized $161,185
Total $22,304,180
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November 1, 2013
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Since this does not meet the criteria for the original agreement, the Board asked staff to verify
and get more details about the above information and bring it back to the Board.
No action was requested by staff for this item.
Ex-Officio Member Mayor Eric Hogue left the meeting at 6:54 a.m.
EXECUTIVE SESSION
The WEDC Board recessed into Closed Session at 6:54 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).
• Project 2013-4a
• Project 2013-5c
• Project 2013-5d
• Project 2013-9a
Section 551.072 (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated
(Open Meetings Act). Consider the acquisition of property located near:
• Ballard&Alanis
Ex-Officio Member Mindy Manson left the meeting at 7:35 a.m.
Board Member Demond Dawkins left the meeting at 7:40 a.m.
Board Member John Yeager left the meeting at 7:50 a.m.
RECONVENE INTO OPEN MEETING
The WEDC Board of Directors reconvened into open session at 7:58 a.m. and took no action.
ADJOURNMENT
With no further business,President Fuller adjourned the WEDC Board meeting at 7:58 a.m.
dilAt1/11
Marvin Fuller, President
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November 1, 2013
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ATTEST:
Samuel Satterwhite,Director