11-12-1991 (WEDC) Minutes DIRECTORS OF DEVELOPMENT CORPORATION OF WYLIE , INC .
MINUTES
November 12 , 1991
The Directors of the Development Corporation of Wylie , Inc .
met in regular session at 4 : 30 P .M. on Tuesday, November 12 ,
1991 in the Conference Room at the Municipal Complex . A
quorum was present and notice of the meeting had been posted
in the time and manner required by law . Those present were
Jim Smith, President ; Bart Peddicord , Secretary-Treasurer ;
James Blakey, Vice President and members John Yeager and
John Tobin. Also present were Mayor John Akin and Acting
City Manager Carolyn Jones .
Jim Smith called the meeting to order .
APPROVAL OF MINUTES OF OCTOBER 8 , 1991 : James Blakey made
a motion that the minutes be approved without any
corrections . John Tobin seconded the motion . The motion
carried with all in favor .
APPROVAL OF TREASURER REPORT: Bart Peddicord , Secretary-
Treasurer , gave a report on the expenditures and revenues of
the Development Corporation of Wylie , Inc . He reported the
current balance to be $209 , 204 . 85 , sales tax received in
October $ 15 , 553 . 19 , interest received was $961 . 52 and
expenditures in the amount of $50 . 00 to the City of Wylie
and $ 1 , 000 . 00 to Cartwright Signs . A motion was made by John
Tobin to approve the report . The motion was seconded by
James Blakey. The report was unanimously approved .
PRESENTATION FROM RICHARD H. JOHNSTON , EXECUTIVE VICE
PRESIDENT , SIMI , CHILDREN'S CLOTHING : Mr . Richard Johnston
from SIMI made a presentation to the board on his and that
of the present owner of Johnston's plans , to occupy the
Johnston building and employee more personnel . They will at
a later date provide the board with some concrete figures on
what they will be asking for in the way of assistance .
DISCUSS AND CONSIDER PREPARATION OF ANNUAL PLAN: This is a
discussion item only.
RECESS REGULAR MEETING :
WORKSHOP DISCUSSION OF GOALS AND OBJECTIVES : Goals and
objectives were discussed .
RECONVENE REGULAR MEETING
There being no other matters of business for discussion , a
motion was made by John Yeager to adjourn and seconded by
James Blakey. The motion carried with all in favor .
Minutes of the November 12 , 1991 regular meeting approved by
the Board of Directors at its meeting on December 10 , 1991 .
Barton Peddicord , Secretary-Treasurer