01-10-1995 (WEDC) Minutes Minutes
DEVELOPMENT CORPORATION OF WYLIE, INC.
Tuesday, January 10, 1995
The Directors of the Development Corporation of Wylie, Inc. met in regular session at
4:00PM Tuesday, January 10, 1995 in the Chamber of Commerce Board Room at 108
Marble Street, Wylie, Texas. A quorum was present and notice of the meeting had been
posted in the time and manner required by law. Present were President John Yeager,
Vice-President John Mondy, Sec-Treas. Marvin Fuller, Director Irene Messenger, Director
Bud Naish, Executive Director Charlie Womack, City Manager Steve Norwood, Admin.
Asst. to the City Manager Mike Collins and Secretary Barbara LeCocq.
The meeting was called to order by President John Yeager.
ITEM NO. 1 - ADMINISTER OATH OF OFFICE TO NEW MEMBER - The oath of office was
administered to Albert "Bud" Naish by Secretary Barbara LeCocq.
ITEM Na 2 - PRESENTATION BY MAYOR JIM SWARTZ and REPRESENTATIVE FROM THE
CITIZENS BOND ADVISORY COMMITTEE. Mayor Swartz, accompanied by James Blakey
of the Citizens Bond Advisory Committee, delivered a short presentation emphasizing the
importance of the forthcoming bond election in the amount of $7 million and detailing
the items included; such as a new water tower, as mandated by the State of Texas, water
and sewer improvements, street improvements etc. Mayor Swartz and Mr. Blakey asked
for the support of the Directors of the DCW for the bond election. The city's current
water tower does not provide adequate pressure for the community at the current
population level and cannot support increased demands for service. Passage of this bond
is essential for the City to meet the State mandate.
ITEM NO. 3 - PRESENTATION BY JERRY H. CONNER, ECONOMIC DEVELOPMENT
SERVICES, IRVING, TEXAS DISCUSSING PROPOSAL FOR PROFESSIONAL CONSULTING
SERVICES - The presentation by Mr. Jerry Conner and his associate James McAuley
outlined the scope of services they were able to offer the DCW. Both men stressed
the importance of code enforcement in the long range planning of the community. The
proposed consulting fee is $16,500. Proposal includes develop and produce a
Benchmarking Study for the Wylie area, in-depth research and analysis to reveal
economic strengths and weaknesses, development incentives, industrial parks and
property, City services, regulations, fees, P&Z, etc; how does the community sell the area;
formulate a targeted marketing effort; define prospecting sectors for development;
recommend other areas of development. They will supply a working document, and
schedule four (4) months to complete the project.
ITEM NO. 4 - PRESENTATION BY MS. CLOE JOHNSON, JOHNSON and ASSOCIATES,
AUSTIN, TEXAS DISCUSSING THEIR PROPOSAL TO CONDUCT AN ECONOMIC
ASSESSMENT OF THE CITY OF WYLIE - Ms. Johnson was unable to make the
presentation in person because of personal illness. Ms. Anne Perkins made the
presentation and answered questions from the Directors. Ms. Perkins listed some of the
things industry looks for in a site selection such as stability of the labor force,
cooperative government, low crime, quality of living, market access, telecommunications,
etc.
ITEM NO. 5 - DISCUSS AND CONSIDER APPROVAL OF MINUTES FROM REGULAR
MEETING FELD ON DECEMBER 13, 1994 - President Yeager called for any additions or
corrections. There being none, a motion was made by John Mondy to approve the
minutes as submitted. Seconded by Irene Messenger, all in favor, motion carried.
ITEM NO. 6 - DISCUSS AND CONSIDER APPROVAL OF TREASURER'S REPORT ENDING
12.31.94. Total funds available 12/1/94 $490,385.63; Sales Tax Revenue -
$16,037.52; Interest earned - $1371.88; Expenses for December $2702.35; Petty Cash
Balance $388.02; Total Corporate Funds Available 12/31/94 $505,072.93.
Contingent liabilities: Balance due on contract to purchase 53.685 acres for industrial
park from James H. Hale $316,977.30 leaving $188,095.63 available for future
investments. A motion was made by John Mondy to approve the Treasurer's Report as
submitted. Seconded by Bud Naish. All in favor - motion carried.
ITEM NO. 7 - REPORT FROM EXECUTIVE DIRECTOR - Physicians Regional Hospital financial
officer reported that sufficient funds are escrowed to pay their tax liability to the City of
Wylie by January 31, 1995. Management reports a new doctor has agreed to open an
office in the Medical Plaza Center. New prospect looks promising - wants a rail spur to
facilitate shipping to and from the site. Meetings held with Kansas City Southern Railway
Company regarding feasibility of rail spur.
ITEM NO. 8 - DISCUSS AND CONSIDER UPDATE ON STATUS OF FINANCIAL REQUEST
RECEIVED FROM SANDEN INTERNATIONAL (USA), INC. - Mr. Womack had met with
representative from Sanden and explained the limited resources of the DCW to make the
contribution they (Sanden) have requested. Representative from Sanden said he would
discuss the matter with other members of the organization and get back to Mr.
Womack.
ITEM NO. 9 - DISCUSS AND CONSIDER APPROVAL OF PAYMENT TOTALING $8,948.22
FOR PROFESSIONAL SERVICES PERFORMED BY THE HOGAN CORP. - Motion was made
by Bud Naish to approve payment of $8,948.22 to the Hogan Corp. for professional
services performed in conjunction with the purchase of the Hale property. Seconded by
Marvin Fuller. All in favor - motion carried.
ITEM 10 - DISCUSS AND CONSIDER EMPLOYING MS. BETSY JONES d/b/a/ B.J.
GRAPHICS AS ADMINISTRATIVE ASSISTANT FOR A FIFTEEN TO TWENTY HOUR WEEK AT
THE RATE OF $10.00 PER HOUR - This item had been discussed and approved at an
earlier meeting and was affirmed by the directors unanimously.
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ITEM NO. 11 - DISCUSS AND CONSIDER FINAL PAYMENT OF $316,977.30 FOR THE
PURCHASE OF 53.685 ACRES IN TRACTS 10 AND 12 OF THE DUKE STRICKLAND
SURVEY, WYLIE, COLLIN COUNTY, TEXAS FROM JAMES H. HALE - Has been approved by
the City Council - DCW authorized to make final payment. Closing scheduled for February
8, 1995.
ITEM NO. 12 - DISCUSS CURRENT STATUS OF RELOCATION PROSPECT. Relocation
prospect wants a rail spur, it is not really important immediately but will need it in the
near future. Two sites are being considered, location of the rail spur may determine the
relocation site. Bud Naish asked that an estimated cost for building the road to the
property be obtained.
ITEM NO. 13 - CITIZEN PARTICIPATION - None
ITEM NO. 14 - ADJOURNMENT - President Yeager asked for a motion to adjourn. Irene
Messenger asked that a discussion item involving the 6 acres the DCW owns be placed
on the next agenda. A motion was made by Bud Naish to adjourn - seconded by Marvin
Fuller. Meeting adjourned.
i
John Yager; President
Attest:
rbara LeCocq, ecreta
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