01-11-1994 (WEDC) Minutes DIRECTORS OF DEVELOPMENT CORPORATION OF WYLIE, INC.
MINUTES
JANUARY 11 , 1994
The Directors of the Development Corporation of Wylie, Inc. met in
regular session at 4:00 P.M. on Tuesday, January 11 , 1993 in the
Chamber of Commerce Boardroom at 108 W. Marble, Wylie, Texas. A
quorum was present and notice of the meeting had been posted in the
time and manner required by law. Those present were President
Raymond Cooper, Vice President John Tobin, Secretary/Treasurer John
Yeager and members John Mondy and Marvin Fuller. Executive
Director Charlie Womack, Mayor John Akin, and Administrative
Assistant Mike Collins were also present. In attendance from the
City Staff was Anita Collins.
President Raymond Cooper called the meeting to order.
DISCUSS AND CONSIDER APPROVAL OF MINUTES OF JANUARY 11, 1993
REGULAR MEETING: There being no corrections to the minutes John
Yeager made a motion that they be approved, seconded by Mr. Fuller.
The motion carried with all in favor.
DISCUSS AND CONSIDER TREASURER'S REPORT ENDING 12/31/93: Total
money market funds available during December were $301,564. 34 .
Expenses for December were $4, 240.50 and revenues were $19,226.46.
Copy of report is attached for further details. A motion was made
by John Tobin to approve the report as written. The motion was
seconded by Marvin Fuller. The motion carried with all in favor.
REPORT FROM EXECUTIVE DIRECTOR: Mr. Womack gave a report of the
December activities. His report centered on the present status of
the hospital. See copy of reported which is attached.
REVIEW AND APPROVE PAYMENT TOTALLING $1,620.00 TO J.M.S. ORNAMENTAL
CONCRETE, INC. FOR TWELVE (12) NEW AGGREGATE CONCRETE TRASH
RECEPTACLES WITH FIBERGLASS RAIN CAPS: John Yeager made a motion
that we approve the payment, seconded by John Mondy. The motion
carried with all in favor.
REVIEW AND APPROVE LEGAL FEES TOTALLING $225.13 SUBMITTED BY
MCWILLIAMS & HOUSER, ATTORNEYS, FOR SERVICES RENDERED IN
ESTABLISHING A LIEN POSITION IN THE BANKRUPTCY PETITION FILED BY
HEALTHCARE ENTERPRISES OF NORTH TEXAS. LTD. AKA PHYSICIAN'S
REGIONAL HOSPITAL: John Yeager made a motion that we approve the
funds to pay this invoice. The motion was seconded by John Mondy.
DISCUSS PRELIMINARY PLANS TO BUILD AN INDUSTRIAL BUILDING ON ONE OF
THE RECENTLY PURCHASED LOTS IN THE 544 INDUSTRIAL PARK: No action
or discussion on this item.
APPROVE A JOINT WORKSESSION WITH THE WYLIE CITY COUNCIL SCHEDULED
FOR TUESDAY, JANUARY 18, 1994: Marvin Fuller made a motion that
we participate in the worksession with the Wylie City Council on
January 18, 1994. The motion was seconded by John Yeager. The
motion carried with all in favor.
RECESS OPEN MEETING:
CONVENE TO EXECUTIVE SESSION:
DISCUSS PROPOSAL SUBMITTED BY A PARTY INTERESTED IN
ACQUIRING AND THE FINANCING OF A LOT LOCATED IN THE 544
INDUSTRIAL PARK
RECONVENE OPEN MEETING:
ACTION FROM EXECUTIVE SESSION, IF ANY:
No action taken from executive session.
CITIZEN PARTICIPATION:
None
There being no other business for discussion a motion was made and
seconded that the meeting be adjourned.
Minutes of the January 11, 1994, regular meeting approved by the
Board of Directors at its meeting on February 8, 1994.
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i 4 /
Raymo d ooper President
SUBMITTED BY:
Anita Collins