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02-24-1997 (WEDC) Minutes Minutes WYLIE ECONOMIC DEVELOPMENT CORPORATION Monday, February 24, 1997 Board Members Present: Marvin Fuller Kevin St. John (arrived at 4:55) J.C. Worley John Yeager Staff Present: Samuel Satterwhite, Executive Director Others Present: Mindy Manson, Assistant to the City Manager 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 24, 1997 in the Wylie Chamber of Commerce Board Room at 108 W. Marble, Wylie, Texas. The meeting was called to order by President John Yeager at 3:21 p.m. ITEM NO. 1 - Discuss and Consider Approval of Minutes for the January 28, 1997 Regular Board of Directors Meeting of the Wylie Economic Development Corporation. MOTION: A motion was made by Marvin Fuller and seconded by J.C. Worley to approve the Minutes for the January 28, 1997 Regular Meeting of the Wylie Economic Development Corporation Board of Directors. The WEDC Board of Directors voted 3 - FOR and 0 - AGAINST in favor of the motion. ITEM NO. 2 - Discuss and Consider Approval of Minutes for the February 5, 1997 Regular Board of Directors Meeting of the Wylie Economic Development Corporation. MOTION: A motion was made by J.C. Worley and seconded by Marvin Fuller to approve the Minutes for the February 5, 1997 Regular Meeting of the Wylie Economic Development Corporation Board of Directors. The WEDC Board of Directors voted 3 - FOR and 0 - AGAINST in favor of the motion. WEDC - Minutes February 24, 1997 Page 2 ITEM NO. 3 - Discuss and Consider Approval of Minutes for the February 7, 1997 Regular Board of Directors Meeting of the Wylie Economic Development Corporation. MOTION: A motion was made by Marvin Fuller and seconded by J.C. Worley to approve the Minutes for the February 7, 1997 Regular Meeting of the Wylie Economic Development Corporation Board of Directors. The WEDC Board of Directors voted 3 - FOR and 0 - AGAINST in favor of the motion. ITEM NO. 4 - Staff Reports. Staff informed the Board that a Richardson company is currently interested in relocating operations to 544 Industrial Park. Best Technology, Inc. (BTI) attaches circuitry to assembled circuit boards. BTI currently employees 55 individuals and is located in 6,500 square feet. In an effort to expand operations to 15,000 square feet, BTI will require a minimum of 1.5 acres. Staff was encouraged to aggressively pursue BTI and to keep the Board informed as to the progress of the BTI project. ITEM NO. 5 - Discuss and Consider Approval of the January, 1997 Treasurer's Report for the Wylie Economic Development Corporation. MOTION: A motion was made by J.C. Worley and seconded by John Yeager to approve the January, 1997 Treasurer's Report for the Wylie Economic Development Corporation. The WEDC Board of Directors voted 3 - FOR and 0 - AGAINST in favor of the motion. ITEM NO. 6 - Discuss and Consider Issues Surrounding a Car Allowance for the WEDC Executive Director. The WEDC Board of Directors believe that the automobile driven by the Executive Director is a direct reflection on the WEDC. Therefore, it is believed that the interests of the organization will be best served by providing the Executive Director a monthly car allowance. Staff presented the Board with a survey of car allowances for surrounding cities as well as the City of Wylie staff. Staff added that under the City of Wylie car allowance policy, no mileage reimbursement is paid to the employee unless the trip is in excess of 100 miles. MOTION: A motion was made by Kevin St. John and seconded by J.C. Worley to approve a car allowance for the WEDC Executive Director in the amount of $325 per month, effective February 1, 1997. The WEDC Board of Directors voted 4 - FOR and 0 - AGAINST in favor of the motion. WEDC - Minutes February 24, 1997 Page 3 ITEM NO. 7 - Discuss and Consider Issues Surrounding a Kansas City Southern Railway Facility in Wylie,Texas. Staff discussed with Board members a potential visit to Kansas City Missouri, site of corporate headquarters for Kansas City Southern Railway Co. (KCS). Individuals which may be attending this meeting with KCS officials are Mayor Jim Swartz, City Manager Mike Collins, Assistant to the City Manager Mindy Manson, and WEDC staff. The purpose of the meeting will be to discuss issues such as funding for a widened State Highway 78 through State Highway 205, noise mitigation along the Cottonbelt line, removal of the Sante Fe line, development of a 250 acre industrial park, and dealings with private property owners. Aside from discussions with KCS representatives in Kansas City, the Board instructed staff to schedule a site visit to Alliance and the Mesquite intermodal facility during this investigative process. ITEM NO. 8 - Discuss and Consider Issues Regarding Development of Premier Business Park. The WEDC Board of Directors discussed development standards that need to be in place within Premier Business Park prior to the construction of the first building. The WEDC Board of Directors believed that landscaping requirements must be increased from the current 5% of all open space to 10%. This requirement is intended to enhance the aesthetic appeal of the property. The Board also believed that beside the Board itself, all new property owners should have representation on the Architectural Review Committee. ITEM NO. 9 - Adjourn. There being no further business, the meeting was adjourned at 5:12 p.m. John; eager, President Attest: Samuel D.R. Satterwhite Executive Director