12-18-2013 (WEDC) Minutes Minutes
Wylie Economic Development Corporation
Board of Directors Special Meeting
Wednesday, December 18, 2013 11:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78—Wylie, Texas
CALL TO 0 ' 1ER
Announce the presence of a Quorum
President Marvin Fuller called the meeting to order 11:32 a.m. Board Members present were
John Yeager, Todd Wintters, and Mitch Herzog.
Ex-officio members Mindy Manson and Eric Hogue were present.
WEDC staff present was Executive Director Sam Satterwhite and Senior Assistant Gerry Harris.
Chief of Police John Duscio and Assistant City Manager Jeff Butters were present.
CITIZEN PARTICIPATION
With no citizen participation,Mr. Fuller proceeded to Action Items.
ACTION ITEMS
ITEM NO. 1 — Consider and act upon approval of the November 15, 2013 Minutes of the
Wylie Economic Development Corporation (WEDC)Board of Directors Meeting.
MOTION: A motion was made by Todd Wintters and seconded by Mitch Herzog to
approve the November 15, 2013 Minutes of the Wylie Economic
Development Corporation. The WEDC Board voted 4 — FOR and 0 —
AGAINST in favor of the motion.
EXECUTIVE SESSION
The WEDC Board recessed into Closed Session at 11:34 a.m. in compliance with Section
551.001 et.seq. Texas Government Code to wit:
Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas
Code Annotated(Open Meetings Act).
• Project 2013-5c
• Project 2013-9a
WEDC—Minutes
December 18, 2013
Page 2 of 2
Section 551.072 (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated
(Open Meetings Act). Consider the acquisition of property located near the intersection of
Ballard& Alanis.
RECONVENE INTO OPEN MEETING
Assistant City Manager Jeff Butters arrived at 12:00 P.M
The WEDC Board of Directors reconvened into open session at 12:34 p.m. and took the
following action.
MOTION: A motion was made by Mitch Herzog and seconded by John Yeager
authorizing staff to execute a Real Estate Contract between the WEDC and
Milford Founders, Ltd. to purchase 21.3 acres in the amount of $700,000,
contingent upon the approval of light industrial zoning from the Wylie City
Council during a 180 day feasibility period. The WEDC Board voted 4 —
FOR and 0—AGAINST in favor of the motion.
I JOU' MENT
With no further business,President Fuller adjourned the WEDC Board meeting at 12:35 p.m.
Marvin Fuller,President
ATTEST:
Samuel Satterwhite,Director