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07-30-2002 (WEDC) Minutes Minutes WYLIE ECONOMIC DEVELOPMENT CORPORATION July 30,2002 Board Members Present: Gary Bowland Marvin Fuller 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 July 30, 2002 in the Conference Room of Woodbridge Golf Club located at 7400 Country Club Drive, Wylie, Texas. The meeting was called to order by President John Yeager at 7:12 a.m. ITEM NO. 1 —Consider and Act Upon Approval of Minutes for the June 18,2002, Regular Board of Directors Meeting of the Wylie Economic Development Corporation. MOTION: A motion was made by Marvin Fuller and seconded by Gary Bowland approving the minutes for the June 18, 2002, Regular Board of Directors Meeting of the Wylie Economic Development Corporation. The WEDC Board of Directors voted 4 — FOR and 0 — AGAINST in favor of the motion. ITEM NO. 2 — Consider and Act Upon Approval of the June, 2002 Treasurer's Report for the Wylie Economic Development Corporation. MOTION: A motion was made by Merrill Young and seconded by Gary Bowland to approve the June, 2002 Treasurer's Report for the Wylie Economic Development Corporation. The WEDC Board of Directors voted 4—FOR and 0—AGAINST in favor of the motion. ITEM NO. 3 — Discuss and Act Upon Issues Surrounding the Demolition of Facilities Located at 404 S. Highway 78. Staff presented a request for a Change Order on the contract between Intercon Demolition and the WEDC for demolition of the Extruders facility. Unknown to Intercon, a second concrete slab of approximately 25,000 square feet in size was uncovered below 4 feet of select fill. The WEDC —Minutes July 30, 2002 Page 3 WEDC Board of Directors believed that it was impossible for Intercon to anticipate this slab which has been estimated at $18,640 to remove. MOTION: A motion was made by Merrill Young and seconded by Gary Bowland to approve a change order to the Extruders demolition contract in the amount of $18,640. The WEDC Board of Directors voted 4 — FOR and 0 — AGAINST in favor of the motion. ITEM NO. 4 — Discuss and Act Upon Issues Surrounding Negotiations with Extruders Division of Atrium Companies,Inc. for site work at 404 S. Highway 78. Staff informed the Board that hydraulic oil was found during the course of removing the slab at the Extruders site. Extruders has agreed to remove the oil and all dirt impacted by the oil per TNRCC guidelines. Staff indicated that the issue is so new that a detailed accounting of the impact is not available. The Board instructed staff to take every step necessary to ensure that the site is handled per TNRCC standards. Due to the lack of information, no recommendation or action was taken on this item. ITEM NO. 5 — Discuss Issues Surrounding Retail Development Impacting the Wylie Community. Staff provided an oral update to the WEDC Board of Directors as to the retail development impacting the Wylie community. This item was presented as information only, requiring no action. ITEM NO. 6—Discuss Issues Surrounding the WEDC FY 2002—2003 Budget. Staff presented the first draft of the WEDC FY 2002 — 2003 Budget. No discussion on the item took place with the WEDC Board of Directors requesting a detailed presentation at the next Board meeting. This item was presented as information only, requiring no action. ITEM NO. 7—Citizen Participation. There being no citizen participation, President Yeager proceeded to Item No. 8. ITEM NO. 8—Adjourn. There being no further business, the meeting was adjourned at 9:05 a.m. WEDC—Minutes July 30, 2002 Page 3 Jo Yea r Pre"sident Attest: Samuel D.R. Satterwhite Executive Director