07-24-1995 (WEDC) Minutes Minutes
DEVELOPMENT CORP. OF WYLIE,INC.
Monday, July 24, 1995
Special Called Meeting
The Directors of the Development Corporation of Wylie, Inc met in special called session at 4:00
PM on Monday, July 24, 1995 in the Chamber of Commerce Board Room at 108 W. 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, Secretary-Treasurer
Marvin Fuller, directors Irene Messenger and J. C. Worley, Executive Director Charlie Womack,
Acting City Manager Mike Collins, and Councilman John Mondy.
The meeting was called to order by President John Yeager.
ITEM NO. 1 -DISCUSS and CONSIDER LETTER OF RESIGNATION FROM DIRECTOR
BUD NAISH. A letter of resignation from Bud Naish was read by Charlie Womack. A motion
was made by Marvin Fuller to accept Mr. Naish's resignation. Second by J. C. Worley. All in
favor- motion carried.
ITEM NO. 2 - REVIEW and CONSIDER APPROVAL FOR CONSTRUCTION OF COUNTY
ROAD 297 (HENSLEY LANE) THROUGH PREMIER INDUSTRIAL PARK TO SANDEN
BLVD. Executive Director Charlie Womack told the directors the estimated cost of the
development project is $543,842.99. Mr. Womack further advised that Greg McLean, Engineer
with Hogan Corporation, feels the bids will to be close to the estimated cost. Further discussion
included the additional costs including impact fees, and landscaping for the park. Marvin Fuller
noted that development would trigger the roll-back. A motion was made by Irene Messenger to
approve the project as described above. Second by Marvin Fuller. All in favor - motion carried.
ITEM NO. 3 -EXPLORE APPROPRIATE FINANCING AS NECESSARY TO FINANCE
CONSTRUCTION OF COUNTY ROAD #297. Following the discussion, Marvin Fuller made a
motion to seek financing from both local banks and Texas Leverage Fund. Motion seconded by
Irene Messenger. All in favor- motion carried.
ITEM NO. 4 - CITIZEN PARTICIPATION. None
ITEM NO. 5 - ADJOURNMENT. A motion was made and seconded to adjourn. Meeting
adjourned by President Yeager.
o ea r, President
Att :
bars LeCocq, cret Ty