03-21-1995 (WEDC) Minutes Minutes
DEVELOPMENT CORPORATION OF WYLIE, INC.
Tuesday, March 21, 1995
The Directors of the Development Corporation of Wylie, Inc. met in regular session at 6:00
PM, Tuesday, March 21, 1995 in the Chamber of Commerce Board Room at 108 Marble
Street, Wylie, Texas. A quorum was present and notice of the meeting had been posted in
the time and manner required by law. Present were President John Yeager, Vice-President
John Mondy, Sec-Treas. Marvin Fuller, Director Irene Messenger, Executive Director Charlie
Womack and Secretary Barbara LeCocq.
The meeting was called to order by President John Yeager.
ITEM NO. 1 - REVIEW and CONSIDER APPROVAL OF MINUTES FROM REGULAR
MEETING HELD ON FEBRUARY 14, 1995. John Yeager noted a typo in the opening
paragraph, replace Monday with Mondy. In item #9, John Mondy was appointed to purchase
the computer rather than John Yeager. There being no further corrections or additions, a
motion was made by John Mondy, seconded by Marvin Fuller to approve the minutes as
corrected. All in favor - motion carried.
ITEM NO. 2 - REVIEW and CONSIDER APPROVAL of TREASURER'S REPORT
ENDING FEBRUARY 28, 1995. There was a correction made on the balance sheet -
Current Assets in Provident Bank, Wylie should read $92,055.88 rather than $62,055.88.
There being no further corrections, a motion was made by John Mondy, seconded by Irene
Messenger to approve the treasurer's report as submitted. All in favor - motion carried.
ITEM NO. 4 - REPORT FROM PHYSICIANS REGIONAL HOSPITAL. This item was
taken out of order to facilitate the report from Physicians Regional Hospital. Kathie Sukkar
and Chris Holland were present to represent the hospital and answer questions that had been
forwarded earlier by Charlie Womack. • How many of your present employees actually
reside within the city limits of Wylie? ANSWER: There are 77 full-time employees and 76
part-time employees. Of that number 42 reside in the 75098 area code. • What was the total
annual gross salary paid to employees and staff during the year 1994? ANSWER: Average
salary of hospital employees is $29,000 per year, most have advanced degrees. Annual total
salaries for 1994 $3.4 million. • What amount of property taxes has the hospital paid to the
city of Wylie and the WISD since the filing date of bankruptcy? ANSWER: In 1993
$45,692.18 to WISD, $18,719.06 to City of Wylie and $10,569.63 county taxes. In 1994
$45,572.98 to WISD, $18,670.23 to City of Wylie and $10,542.07 to the county. 1991 taxes
are a part of the bankruptcy and cannot be taken care of until the bankruptcy has been settled.
• Does the hospital collect a sales tax and if so, what was the amount collected during the
year 1994? ANSWER: There is no sales tax on medical care. The hospital collects sales tax
on sales in the cafeteria, sale of medical records, sales of silver from radiology, etc. $13,500
subject to sales tax, generating $1166 in sales tax.
Minutes
Development Corporation of Wylie, Inc.
Tuesday, 1Vlarth 21, 1995
Page 2
Charlie Womack inquired about a lawsuit filed by two former employees. Ms. Sukkar stated
the suit is still pending. Claimants are charging wrongful termination. The bankruptcy
trustee, the hospital and the unsecured creditors (DCW is one) have been named in the suit.
ITEM NO. 3 - REPORT FROM THE EXECUTIVE DIRECTOR. Mr. Womack gave a brief
synopsis of his trip to Anaheim California for the NEPCON West '95 Trade Show. His
opinion is that these trade shows are of little value and does not recommend participating in
future shows. While in California, Mr. Womack visited with William Peng, president of
W.K.P. Machine Company, Inc; however, he does not feel that Mr. Peng will move his
operation from California. • Medical Intercept Services is looking for a 5000 square foot
building, which the city does not have available. • Mr. Womack continues to be optimistic
about the new prospect who employees 60 people and can use five (5) acres in the new
industrial park.
ITEM NO. 5 - REVIEW and CONSIDER APPROVAL of INDEPENDENT AUDITORS'
REPORT FOR YEAR ENDED 9.30.94. A comment was made that the language to which
the directors objected last year had been amended or deleted this year. A motion was made
by John Mondy, seconded by Marvin Fuller to approve the auditors report. All in favor -
motion carried.
ITEM NO. 6 - REVIEW and CONSIDER APPROVAL of PAYMENT TOTALING $4,275.00
FOR PROFESSIONAL SERVICES PERFORMED BY THE HOGAN CORPORATION. A
motion was made by Marvin Fuller, seconded by Irene Messenger to approve payment of
$4,275.00 to Hogan Corporation. All in favor - motion carried.
ITEM NO. 7 - DISCUSS and CONSIDER APPROVAL of COPIER MAINTENANCE
AGREEMENT TOTALING $550.00 SUBMITTED BY SHARON M. POWELL. Following
a brief discussion, a motion was made by John Mondy, seconded by Marvin Fuller to approve
the maintenance agreement as described above. All in favor - motion carried.
ITEM NO. 8 - SET DATE AND TOPICS TO BE PRESENTED AT QUARTERLY
MEETING WITH THE CITY COUNCIL. Topics suggested were the recent land purchase,
scope of study for the marketing plan, Physicians Regional Hospital. Charlie Womack was
authorized to agree on a date and time with City Manager Steve Norwood.
ITEM NO. 9 - REVIEW CURRENT UP-TO-DATE FINANCIAL EXPENDITURES
ASSOCIATED WITH RECENT LAND PURCHASE. The purchase price was renegotiated
for $15,000 less than the agreed upon price. Marvin Fuller said he wants to pursue
negotiations with the soil conservation people. John Mondy suggested letters to state senators
Minutes
Development Corporation of Wylie, Inc.
Tuesday, March 21, 1995
Page 3
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Shapiro and Madden.
ITEM NO. 10 - REVIEW and CONSIDER APPROVAL of ONE PROPOSAL OUT OF
THOSE SUBMITTED BY INTERESTED PARTIES TO CONDUCT A MARKET SURVEY
AND TO DEVELOP AN INDUSTRIAL DEVELOPMENT STRATEGY FOR THE CITY OF
WYLIE. Mr. Womack stated letters had been sent to all five companies who submitted a
proposal. All responded with the exception of Cloe Johnson Associates. Mr. Womack
contacted her personally and was assured she would fax a proposal; to date that has not been
received. After discussion, a motion was made by John Mondy to table this item until we
have received a proposal from Cloe Johnson Associates and to meet with the City Council
before making a decision on this matter. Seconded by Marvin Fuller. All in favor - motion
carried.
ITEM NO. 11 - DISCUSS and CONSIDER REQUEST FROM CHAMBER OF COMMERCE
FOR FINANCIAL PARTICIPATION IN THE "WYLIE"SIGNS TO BE INSTALLED AT
THE CITY LIMITS OF WYLIE. The Chamber has asked the DCW for $7500 participation
in this project. A motion was made by John Mondy to approve a contribution of $7500 to
the chamber for the "Wylie" sign project. Seconded by Irene Messenger. All in favor -
motion carried.
ITEM NO. 12 - CITIZEN PARTICIPATION. None
ITEM NO. 13 - ADJOURN. There being no further discussion or business, a motion was
made and seconded to adjourn. Meeting adjourned by President John Yeager.
rhn Y;/ger,"resident
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arbara LeCocq, Secre ary