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09-05-2001 (WEDC) Minutes Minutes WYLIE ECONOMIC DEVELOPMENT CORPORATION September 5,2001 Board Members Present: Gary Bowland Marvin Fuller Kevin St. John John Yeager Merrill Young Staff Present: Samuel Satterwhite, Executive Director With notice of the meeting posted in time and manner required by law and a quorum of Board members present, the Board of Directors of the Wylie Economic Development Corporation (WEDC) met in Regular Session on September 5, 2001 in the City Council Conference Room of the Wylie Municipal Complex located at 2000 Highway 78 North, Wylie, Texas. The meeting was called to order by President John Yeager at 7:03 a.m. ITEM NO. 1 — Consider and Act Upon Approval of Minutes for the August 28, 2001 Regular Board of Directors Meeting of the Wylie Economic Development Corporation. MOTION: A motion was made by Marvin Fuller and seconded by Gary Bowland to approve minutes for the August 28, 2001 Regular Board of Directors Meeting of the Wylie Economic Development Corporation. The WEDC Board of Directors voted 5 — FOR and 0 — AGAINST in favor of the motion. ITEM NO. 2 — Consider and Act Upon Approval of the 2001 — 2002.Budget for the Wylie Economic Development Corporation. Staff indicated that all requested changes had been made to documents being presented. Board member St. John inquired as to the need for $4,000 in aerial photography. Staff stated that updated aerial photography had not been completed in 5 years. Furthermore, the Board emphasized the need for staff to monitor the budget closely in light of a very tight budget. MOTION: A motion was made by Kevin St. John and seconded by Merrill Young to approve the 2001 — 2002 Budget for the Wylie Economic Development Corporation. The WEDC Board of Directors voted 5 — FOR and 0 — AGAINST in favor of the motion. WEDC —Minutes September 5, 2001 Page 2 ITEM NO. 3—Citizen Participation There being no citizen participation, President Yeager proceeded to Item No. 4. ITEM NO. 4—Adjourn. There being no further business, the meeting was adjourned at 7:25 a.m. Jo Ye r, P esident Attest: Samuel D.R. Satterwhite Executive Director