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02-05-1997 (WEDC) Minutes Minutes WYLIE ECONOMIC DEVELOPMENT CORPORATION Wednesday, February 5, 1997 Board Members Present: Marvin Fuller Kevin St. John J.C. Worley John Yeager Merrill Young Staff Present: Samuel Satterwhite, Executive Director Others Present: Joel Scott, Wylie City Council Nick Smith, KCS Mike Collins, City Manager Richard Sparlin, MK Centennial Mindy Manson, Assistant to the City Manager Robert Swanagon, MK Centennial Dick Holdaway, KCS Brian McLaren, MK Centennial Glen Ebeling, KCS Raymond Cooper 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 February 5, 1997 in the Board Room of Sanden International (U.S.A.), Inc. at 601 S. Sanden Blvd., Wylie, Texas. The meeting was called to order by President John Yeager at 10:00 a.m. ITEM NO. 1 - Presentation of Rail Facility Conceptual Plan by the Kansas City Southern Railway Co. and Representatives of MK Centennial Engineering,Inc. Mr. Richard Sparlin of MK Centennial presented to the WEDC Board of Directors issues surrounding the development of a rail port on approximately 550 acres north of Highway 78 and east of the Wylie Municipal Complex. Phase I of development will consist of 3 additional classification tracks to compliment the existing line on the property. These lines will be used initially to provide relief to traffic at the Zacha Junction Rail Yard. Improvements will be valued at approximately $3 million which will include a small office and 20 employees. Construction of the additional classification tracks will begin as soon as KCS receives the appropriate zoning. Answering a specific question, KCS representatives indicated that two classification tracks can be constructed within the existing KCS right-of-way without the approval of the City of Wylie. Phase II of development will consist of relocating the mainline track to the northern portion of KCS property and rerouting all train traffic through the old Cottonbelt line. The Sante Fe line would be removed at that point and at-grade crossings will decrease from 21 to 8. The WEDC - Minutes February 5, 1997 Page 2 Cottonbelt line will potentially be routed through the former City of Wylie service center, crossing F.M. 544 west of the existing crossing and connect with the Sante Fe line. At this point, lifts may reach 10,000 per month. The later stage of Phase II will consist of an expansion of the classification yard. This will ultimately result in increased truck traffic. In making the argument that the increased truck traffic will result in only a small percentage increase in the current truck traffic, Mr. Sparlin cited 1990 traffic counts from the Texas Department of Transportation (TXDOT) which indicate 13,800 vehicles per day travel Highway 78 through Wylie. 10% of that figure has been identified as truck traffic, thus Wylie already has the truck traffic. Although the increased truck traffic has been portrayed as minimal, KCS has committed that the later stages of Phase II will not begin until Highway 78 is widened to Highway 205. Phase II may begin within 3 - 4 years with an approximate $35 million investment and an additional 20 employees. KCS also committed to the development of a 250 acre industrial park which will be marketed to rail users. Board members were concerned that this property would fall within the rail corridor and thus its taxable value be apportioned the length of the KCS line. Dick Holdaway committed that it is not the intention of KCS to lease any property within the industrial park, but to sell it to users and be fully taxable on the Wylie tax rolls. The question was asked what is to become of the abandoned right-of-way which will be created by the removal of the Sante Fe line. Bob Swanagon responded that the funds received from TXDOT for that right-of-way will be used to offset the construction costs of a grade separation at either Skyview or F.M. 544. ITEM NO. 2 - Discuss and Consider Issues Surrounding the Development of a Wylie Rail Facility by the Kansas City Southern Railway Co. The WEDC Board of Directors showed a great deal of interest in several aspects of the proposal. If indeed the Sante Fe line is removed, the community will no longer be split by the railroad tracks and retail property along 78 will be available for development. The combination of increased traffic and the available right-of-way may encourage TXDOT to expedite the widening of Highway 78. Also, if the 250 acre industrial park is aggressively marketed by KCS, the attraction of large industrial users could result in millions of dollars in new, taxable value to the community. Another issue was raised that if KCS does not build in Wylie, operations may be moved further north and Wylie will still have to contend with increased train and truck traffic without the benefit of additional tax base. Several concerns were raised as well. Will property values surrounding the 550 acres be adversely affected? Will operations be so obtrusive that surrounding neighborhoods will be unlivable? Finally, what will the true impact be on existing roadways and does KCS have the ability to effect the expansion timetables? WEDC - Minutes February 5, 1997 Page 3 The WEDC Board of Directors instructed staff to not only investigate the economic impact this project will have on the community, but also assist City staff in determining quality of life impacts. All things being equal, the Board believed that this project could be supported by the WEDC if certain terms and conditions were met by KCS. MOTION: A motion was made by J.C. Worley and seconded by Merrill Young instructing staff to work closely with City of Wylie in the analysis of the impacts a KCS rail port will have on the Wylie community. The WEDC Board of Directors voted 5 - FOR and 0 - AGAINST in favor of the motion. There being no further business, the meeting was adjourned at 12:30 p.m. y John Y ger, President Attest: , e ozot Al -:Z<___.. 14 i L..) Samuel D.R. Satterwhite Executive Director