04-30-2012 (WEDC) Minutes Minutes
Wylie Economic Development Corporation
Board of Directors Meeting
Thursday, April 30, 2012 - 3:00 P.M.
WEDC Offices—Conference Room
250 South Highway 78—Wylie, Texas
f Ai,I, TO ORDER
Announce the presence of a Quorum
President Marvin Fuller called the meeting to order at 3:22 p.m. Board Members present were:
Mitch Herzog, John Yeager and Todd Wintters.
WEDC staff present was Executive Director Sam Satterwhite and Senior Assistant Gerry Harris.
Ex-officio members Mayor Eric Hogue and Mindy Manson were present. Mayor Hogue left the
meeting at 3:50 p.m.
CITIZEN PARTICIPATION
There being no citizen participation, President Fuller proceeded to Action Items.
ACTION ITEMS
ITEM NO. 1 —Consider and act upon approval of the April 27, 2012 Minutes of the WEDC
Board of Directors Meeting.
MOTION: A motion was made by Mitch Herzog and seconded by John Yeager to
approve the April 27, 2012 Minutes of the WEDC Board of Directors
Meeting. The WEDC Board voted 4 — FOR and 0 — AGAINST in favor of
the motion.
EXECUTIVE SESSION
The WEDC Board recessed into Closed Session at 3:23 p.m. in compliance with Section 551.001
et,seq. Texas Government Code to wit:
Section 551.071 (Consultation with Attorney) of the Local Government Code, Vernon's Texas
Code Annotated(Open Meetings Act).
• Receive legal advice concerning Cause No. 366-01521-2011 in the 366th Judicial District
in the case styled Wylie Economic Development Corporation vs. Sanden International
(U.S.A.), Inc.
WEDC—Minutes
April 30, 2012
Page 2 of 2
RECONVENE INTO OPEN MEETING
The WEDC Board of Directors reconvened into open session at 4:07 p.m. and took the following
action.
MOTION: A motion was made by Todd Wintters and seconded by John Yeager
authorizing President Fuller to finalize negotiations for a settlement
agreement with Sanden International (U.S.A), Inc. The WEDC Board voted
4—FOR and 0—AGAINST in favor of the motion.
ADJOURNMENT
With no further business, President Fuller adjourned the WEDC Board meeting at 4:07 p.m.
Marvin Fuller, President
ATTEST:
Samuel Satterwhite, Director