05-18-1999 (WEDC) Minutes Minutes
WYLIE ECONOMIC DEVELOPMENT CORPORATION
Tuesday, May 18, 1999
Board Members Present:
Gary Bowland
Marvin Fuller
Kevin St. John - arrived at 3:05
John Yeager
Staff Present:
Samuel Satterwhite, Executive Director
Ashley Gillean, Administrative Assistant
Others Present:
Merrill Young, Council Member
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 May 18, 1999 in the Chamber of Commerce Board Room at
108 W. Marble Street, Wylie, Texas.
The meeting was called to order by President John Yeager at 2:13 p.m.
ITEM NO. 1 - Discuss and Consider Approval of Minutes for the March 30, 1999 Regular
Board of Directors Meeting of the Wylie Economic Development Corporation.
The minutes for March 30, 1999 reflected a motion of 5 - FOR and 0 - AGAINST. The motion
was amended to 4 - FOR and 0 - AGAINST with Mr. Marvin Fuller abstaining due to a conflict
of interest.
MOTION: A motion was made by Gary Bowland and seconded by Marvin Fuller to
approve the minutes as amended of the March 30, 1999 Regular Board of
Directors Meeting of the Wylie Economic Development Corporation. 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 May 6, 1999 Regular
Board of Directors Meeting of the Wylie Economic Development Corporation.
MOTION: A motion was made by Marvin Fuller and seconded by Gary Bowland to
approve the minutes of the May 6, 1999 Regular Board of Directors
Meeting of the Wylie Economic Development Corporation. The WEDC
Board of Directors voted 3 - FOR and 0 - AGAINST in favor of the
motion.
WEDC - Minutes
May 18, 1999
Page 2
ITEM NO. 3 - Discuss and Consider Approval of Minutes for the May 18, 1999 Regular
Board of Directors Meeting of the Wylie Economic Development Corporation.
Staff inadvertently placed the above item on the agenda. Staff presented no issues to consider
and the Board took no action.
ITEM NO. 4 - Discuss and Consider Approval of the February, 1999 Treasurer's Report
for the Wylie Economic Development Corporation.
MOTION: A motion was made by Gary Bowland and seconded by John Yeager to
approve the February, 1999 Treasurer's Report. The WEDC Board of
Directors voted 3 - FOR and 0 - AGAINST in favor of the motion.
ITEM NO. 5 - Discuss and Consider Approval of the March, 1999 Treasurer's Report for
the Wylie Economic Development Corporation.
MOTION: A motion was made by Gary Bowland and seconded by John Yeager to
approve the March, 1999 Treasurer's Report. The WEDC Board of
Directors voted 3 - FOR and 0 - AGAINST in favor of the motion.
ITEM NO. 6 - Discuss and Consider Approval of the April, 1999 Treasurer's Report for
the Wylie Economic Development Corporation.
MOTION: A motion was made by Gary Bowland and seconded by John Yeager to
approve the April, 1999 Treasurer's Report. The WEDC Board of
Directors voted 3 - FOR and 0 - AGAINST in favor of the motion.
ITEM NO. 7 - Discuss and Consider Issues Surrounding the Wylie Chamber of Commerce
1999 Ranch Rodeo.
To support the activities of the Wylie Chamber of Commerce and promote local business
development, the Board of Directors discussed WEDC participation in the purchase of a rodeo
panel system and working chutes. Partnering with the Birmingham Land Trust, staff represented
that the WEDC may purchase the working chutes at a cost of$17,500. The Birmingham Land
Trust will fund the balance of the panel system and miscellaneous construction of seating and an
announcer tower for $20,000.
MOTION: A motion was made by Kevin St. John and seconded by Gary Bowland to
approve the funding of $17,500 for working chutes to be used for the
Wylie Chamber of Commerce Ranch Rodeo. The WEDC Board of
Directors voted 4 - FOR and 0 - AGAINST in favor of the motion.
WEDC - Minutes
May 18, 1999
Page 3
ITEM NO. 8 - Discuss and Consider Issues Surrounding the Relocation/Expansion of
Project Southside to Premier Business Park.
Staff updated Board Members on issues surrounding Project Southside. No action on Agenda
Item No. 8 was taken.
ITEM NO. 9 - Discuss and Consider Issues Surrounding Hogans Gold Label, Inc. (d.b.a.
Gold Label, Inc.).
Staff indicated that a potential $49,000 guarantee has been negotiated between Gold Label, the
WEDC, and American National Bank - Allen. Board members were generally receptive to the
option, but reserved final consideration until a loan package is approved by American National.
ITEM NO. 10- Staff Reports.
Staff updated Board Members regarding issues surrounding Moulding Associates, Apex Plastics,
Johnson Canvas and Awning, Hoffman Blastroom and Equipment, Inc., and L.G. Motorsports.
ITEM NO. 11 - Executive Session.
The WEDC Board of Directors convened into Executive Session at 3:40 p.m. to deliberate the
purchase of real property as authorized in the Texas Local Government Code. Section 551.072.
ITEM NO. 12 -Reconvene from Executive Session.
The WEDC Board of Directors reconvened into open session at 3:50 p.m. No action was taken
as a result of Executive Session.
ITEM NO. 13 - Citizen Participation.
There being no citizens present, the Chairman proceeded to Item No. 14.
ITEM NO. 14- Adjourn.
There being no further business, the meeting was adjourned at 3:55 p.m.
17
ohn Y er, President
Attest: -
Samuel D.R. Satterwhite
Executive Director