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10-21-1997 (WEDC) Minutes Minutes WYLIE ECONOMIC DEVELOPMENT CORPORATION Tuesday, October 21, 1997 Board Members Present: Marvin Fuller Kevin St. John(Arrived 2:28 p.m.) J.C. Worley (Departed 3:25 p.m.) John Yeager Merrill Young Others Present Mike Collins, City Manager Mindy Manson, Assistant to the City Manager 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 October 21, 1997 in the Board Room of the Wylie Chamber of Commerce at 108 W. Marble, Wylie, Texas. The meeting was called to order by President John Yeager at 2:07 p.m. ITEM NO. 1 - Discuss and Consider Approval of Minutes for the September 16, 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 September 16, 1997 Regular Board of Directors Meeting for the Wylie Economic Development Corporation. The WEDC Board of Directors voted 4 - FOR and 0 - AGAINST in favor of the motion. ITEM NO. 2 - Discuss and Consider Approval of the August, 1997 Treasurer's Report for the Wylie Economic Development Corporation. MOTION: A motion was made by J.C. Worley and seconded by Merrill Young to approve the August, 1997 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. WEDC -Minutes October 21, 1997 Page 2 ITEM NO. 3 - Discuss and Consider Approval of the September, 1997 Treasurer's Report for the Wylie Economic Development Corporation. MOTION: A motion was made by J.C. Worley and seconded by Merrill Young to approve the September, 1997 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. 4 - Discuss and Consider Issues Surrounding the Relocation of CPI Communications to Premier Business Park. Staff presented Board Members with a request by Mr. Perry Easterling to relocate CPI Communications from its Richardson location to Premier Business Park. CPI assembles two- way radios for world-wide distribution. CPI has approximately 15 employees and very little personal property value. Mr. Easterling represents that the building will cost approximately $325,000 to construct and would like to begin that construction by January, 1998. Mr. Easterling presented staff with a preliminary building layout situated at the northwest corner of Premier Business Park. The preliminary layout would require approximately 3 acres of property. Mr. Easterling commented to staff prior to the meeting that he will be reducing the size of the tract so as to not have excess acreage on which to pay taxes. Mr. Easterling also requested a $20,000 grant for moving and relocation expenses. The Board of Directors instructed staff to follow up with Mr. Easterling and obtain an updated drawing of the lot plan. At that time, staff is to bring the issue back before the Board for further consideration. ITEM NO. 5 - Discuss and Consider Issues Surrounding the Relocation of Hoffman Blast Room Equipment to Premier Business Park. Hoffman Blast Room officials presented staff with a preliminary site plan with intentions of relocating offices from Plano and manufacturing operations from Houston to Premier Business Park. The site of choice is 6.7 acres at the southwest corner of Premier. As shown on the drawings presented, Hoffman has identified a rock surface surrounding the fabrication facility and extending to the southern end of the property. Board Member Worley was very concerned that the WEDC may shift direction in ideology if this type of development is allowed to take place; and if it is to take place, why now and not earlier when smaller companies were interested in Premier. Board member Fuller was concerned that the 6.7 acres requested was to much property and that Hoffman could use less property and still accomplish their goals. Board Member Fuller was also concerned with the rock surface in that it may detract from the future development within the Park and set a precedent for similar development throughout the Park. Board Member St. John did not believe that this type of surface would hinder future development and that the Board WEDC - Minutes October 21, 1997 Page 3 should be careful not to micromanage relocation projects. Board Members Yeager and Young believed there could be an alternative to the rock surface in which both Hoffman and the WEDC could meet their needs. The Board instructed staff to meet with Hoffman officials and present issues discussed at the Board Meeting. ITEM NO. 6- Staff Reports. Staff updated Board members on issues surrounding Kansas City Southern Railroad, Presbyterian Hospital of Wylie, Batch Plant development in Wylie, and Taco Bell. A project inventory list was also attached for the Boards review. Board member Fuller suggested the project inventory list be sent to the City Council each month for their review. The mock copy of the WEDC promotional brochure was also included for the Boards comments and updates. The Executive Director mentioned citizen complaints concerning the Ranch Rodeo table purchased at Monte Carlo Night. All Board members agreed the expenditure was appropriate. ITEM NO. 7- Citizen Participation. With no citizen present to speak, President Yeager moved to Item No. 8. ITEM NO. 8 - Adjourn. There being no further business, the meeting was adjourned at 4:30 p.m. JohnGsal .eager, President Attest: ),,-- Samuel D.R. Satterwhite Executive Director