05-16-1995 (WEDC) Minutes Minutes
DEVELOPMENT CORP. OF WYLIE, INC.
Tuesday, May 16, 1995
The Directors of the Development Corporation of Wylie, Inc. met in regular session at 6:00 PM,
Tuesday, May 16, 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, Secretary-
Treasurer Marvin Fuller, Director Irene Messenger, Executive Director C.C. Womack, Assistant
to the City Manager Mike Collins and Barbara LeCocq.
The meeting was called to order at 6:00 PM by President John Yeager.
ITEM NO. 1 - Consider approval of minutes from regular meeting held on April 18, 1995.
There being no additions or corrections, a motion was made by John Mondy, seconded by Irene
Messenger. All in favor - motion carried.
ITEM NO. 2- Consider approval of Treasurer's Report ending April 30, 1995. After
reviewing the report, a motion was made by John Mondy to approve the treasurer's report as
submitted. Seconded by Irene Messenger. All in favor - motion carried.
ITEM NO. 3- Report from Executive Director. Mr. Womack reported there is a local citizen
attempting a hostile takeover of Physicians Regional Hospital. Current management is doing all
that can be done to protect the uninsured creditors. Mr. Womack gave brief updated reports on
the status of Osborn Construction Company, Michaels Stores, Inc. Rampart Facility Development
Company; Extruders, Inc., a new prospect, Sanden, and K. C. Swayze.
ITEM NO. 4 - Discuss and Consider May 9 special meeting with Collin County Soil
Conservation District Directors ref. James H. Hale property. Mr. Womack reported he and
John Yeager had met with these people regarding release of an easement on the above reference
property. They were not receptive to a release of the easement to the DCW. Following
discussion, a motion was made by Marvin Fuller to postpone further negotiations until a user has
been found for the property. Second by Irene Messenger. All in favor - motion carried.
ITEM NO. 5 - Discuss and Consider approval of payment to Hogan Corp. for$14,250 for
invoices #8506 and #8507, James H. Hale property. A motion was made by Irene
Messenger, seconded by Marvin Fuller to authorize payment of invoices 8506 and 8507 to the
Hogan Corp. All in favor- motion carried.
ITEM NO. 6 - Discuss and Consider approval of payments for$720.50 for legal services
rendered by Vial, Hamilton, Koch & Knox, LLP. A motion was made by Marvin Fuller,
seconded by John Mondy to authorize payment of$720.50 to Vial, Hamilton, Koch&Knox for
legal services. All in favor- motion carried.
Minutes May 16, 1995
DEVELOPMENT CORPORATION OF WYLIE, INC.
Page 2
ITEM NO. 7 - Discuss and Consider approval of expenses totaling $2000 plus travel
expenses for consulting services provided by The Cornerstone Group. A motion was made
by Irene Messenger, seconded by John Mondy to authorize payment of the above described
amount to The Cornerstone Group. All in favor - motion carried.
ITEM NO. 8 - Citizen participation. None.
ITEM NO. 9 -Adjournment - There being no further business, a motion was made by
Marvin Fuller, seconded by Irene Messenger to adjourn the meeting. Meeting adjourned by
President John Yeager.
i.: ager, President
Attest:
arbara LeCocq, , ecretary