05-12-1992 (WEDC) Agenda Packet / .o6
MEETING
DEVELOPMENT CORPORATION OF WYLIE , INC.
TUESDAY , MAY 12 , 1992
4: 30 PM
2000 HIGHWAY 78 NORTH, WYLIE , TEXAS
CALL TO ORDER
ORDER OF PAGE
BUSINESS NUMBER BUSINESS
1 1-3 Discuss and Consider Approval of Minutes of
April 14, 1992 Regular Meeting of the Development ,
Corporation of Wylie , Inc .
2 Discuss and Consider Approval of Treasurer's Report
3 Chamber of Commerce Presentation
4 Discuss Report on Companies Making Inquiries
Regarding Relocating in the City of Wylie
5 Agenda for the TU Workshop Scheduled 05/ 27/92
6 Discuss Questionnaire from the Cornerstone Group
7 Discuss Six Hour Workshop to Develop a Results-
Oriented Economic Development Program Being Offered
By the Cornerstone Group
8 Recess Open Meeting
9 Convene to Workshop to Discuss Goals and Objectives
10 Reconvene Regular Meeting
11 Citizen Participation
In Accordance With the Open Meeting Act , the
Development Corporation will hear comments of
Public Interest From Residents of the City of
Wylie . Any discussion must be limited to
placing the item on a future agenda for further
Consideration .
12 Wylie Residents Wishing to Speak Should Limit
Remarks to a Maximum of Five (5) Minutes
13 Adjourn
NOTICE OF MEETING
Notice is hereby given that the Economic Development Corporation Board of
Wylie will meet at 4: 30 P .M. on the / day of y/L , 1992
at 2000 Highway 78 , North , in the City of Wylie , Texas , for the purpose
of considering the above agenda .
Ca(It:
2 (A)
nes , City Secretary
POSTED THIS THE DAY OF , 1992, AT //. 70/?M.
DIRECTORS OF DEVELOPMENT CORPORATION OF WYLIE , INC .
MINUTES
APRIL 14 , 1992
The Directors of the Development Corporation of Wylie , Inc .
met in regular session at 4 : 30 P.M. on Tuesday, April 14 ,
1992 in the Conference Room at the Municipal Complex. A
quorum was present and notice of the meeting had been posted
in the time and manner required by law. Those present were
Jim Smith , President ; Bart Peddicord , Secretary-Treasurer ;
James Blakey, Vice President and members John Yeager and
John Tobin . Executive Director Charlie Womack, Mayor John
Akin and City Manager Steve Norwood were also present . In
attendance from the City Staff was Anita Collins .
Jim Smith called the meeting to order .
DISCUSS AND CONSIDER APPROVAL OF MINUTES OF MARCH 10, 1992
REGULAR MEETING AND MARCH 24 , 1992 SPECIAL CALLED MEETING OF
THE DEVELOPMENT CORPORATION OF WYLIE , INC: Jim Smith made
the following. corrections to the minutes :
March 10 , 1992 Minutes - first page , third line from
the bottom should read John Yeager not Jim Yeager .
March 10 , 1992 Minutes - second page , last line should
read April 14 , 1992 not April 14 , 19922 .
March 24 , 1992 Minutes - Addition to the only item on
the agenda - the second and the vote on the motion .
John Tobin seconded the motion . The report was
unanimously approved .
James Blakey made a motion that we approve the minutes with
these additions and corrections . John Yeager seconded the
motion . The vote was unanimous .
DISCUSS AND CONSIDER APPROVAL OF TREASURER'S REPORT: Bart
Peddicord , Secretary-Treasurer , gave a report on the
expenditures and revenues of the Development Corporation of
Wylie , Inc . He reported the current balance to be
$287 , 456. 37 , sales tax received in April was $12 , 206 . 54 ,
interest received was $988 . 70 , a check from Linda Hamar for
$338. 25 ( the amount left from advance on expenses) and
expenditures in the amount of $2 , 765 . 95 . The expenditures
were as follows : Rent - $50 . 00, Auditors - $500 . 00,
Robert Arden for office furniture - $500 . 00 , Office Depot
for office furniture - $804 . 95 , Wylie Printing for
letterhead and envelopes - $59 . 50 and Charlie Womack for
salary - $851 . 50 . A motion was made by John Yeager to
approve the report and was seconded by John Tobin . The
motion carried with all in favor .
DISCUSS AND CONSIDER APPROVING BUDGET AMENDMENT TO PAY
AUDITORS THE ADDITIONAL $125 .00: No amendment is necessary
since the budget allowed $ 1 , 000 .00 for the audit .
DISCUSS AND CONSIDER PROPOSAL FROM BETTY LUTZ ON BEHALF OF
THE DOWNTOWN MERCHANTS: Betty Lutz of Today' s Lady
introduced Eva Matula , another downtown merchant , who
presented a proposal for increasing business downtown . She
presented a couple of options including billboard rentals .
They asked for the Development Corporation's support and
participation in efforts to create business for the downtown
merchants and/or all Wylie businesses .
DISCUSS AND CONSIDER PROPOSAL FROM MICHAEL BROWN
PRODUCTIONS: Michael Brown Productions presented a proposal
to do a 6 - 8 minute video for $10 , 000 . 00 plus $750 . 00 for
rental of the helicopter . Bart Peddicord made a motion that
we accept this proposal . The motion was seconded by John
Yeager . The vote was unanimous .
DISCUSS AND CONSIDER DEVELOPMENT OF A LUNCHEON, OPEN HOUSE
AND TOUR OF THE CITY FOR BUILDERS AND DEVELOPERS: This item
was tabled .
DISCUSS AND CONSIDER ADMINISTRATIVE QUESTIONS FROM EXECUTIVE
DIRECTOR: The Executive Director had numerous questions
regarding how he should handle the routine day to day
business of purchasing office supplies , reimbursing travel
expenses , telephone charges , etc .
RECESS OPEN MEETING:
CONVENE TO WORKSHOP TO DISCUSS GOALS AND OBJECTIVES: Goals
and objectives were discussed .
RECONVENE REGULAR MEETING:
CITIZEN PARTICIPATION:
No citizen participation
ADJOURN
There being no other matters of business for discussion , a
motion was made by James Blakey and seconded by John Tobin
to adjourn this meeting . The motion carried with all in
favor .
Minutes of the April 14 , 1992 , regular meeting approved by
the Board of Directors at its meeting on May 12 , 1992 .
Barton Peddicord , Secretary-Treasurer
PREPARED BY :
Anita Collins