06-11-1991 (WEDC) Agenda Packet MEETING
DEVELOPMENT CORPORATION OF WYLIE, INC.
TUESDAY, June 11 , 1991
4 : 00 PM
2000 HIGHWAY 78 NORTH , WYLIE , TEXAS
CALL TO ORDER
ORDER OF PAGE
BUSINESS NUMBER BUSINESS
1 1-3 Consider Approval of Minutes of May 14 , 1991
Development Corporation of Wylie, Inc. Meeting
2 Report From Treasurer on Status of Funds
3 Discuss and Consider Lone Star Circuits and
Options to Keep Them In Wylie
4 Discuss and Consider Computer Program that GTE
Is Making Available to the Development Corp . and
The Chamber of Commerce
5 Discuss and Consider Update Report on Johnston
Building
6 Recess Open Meeting
7 Convene to Workshop to Discuss Goals and
Objectives
8 Reconvene Regular Meeting
9 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 .
Wylie Residents Wishing to Speak Should Limit
Remarks to a Maximum of Five (5) Minutes
10 Adjourn
NOTICE OF REGULAR MEETING
Notice is hereby given that the Economic Development Corporation Board of
Wylie will meet at 4 : 00 P.M. on the 4/ day of , 1991
at 2000 Highway 78 , North, in the City of Wylie, Te s , for the purpose
of considering the above agenda .
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Caro ecretar
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POSTED THIS THE 7 DAY OF , 1991, AT `S:O .
DIRECTORS OF DEVELOPMENT CORPORATION OF WYLIE, INC.
MINUTES
May 14 , 1991
The Directors of the Development Corporation of Wylie, Inc .
met in regular session at 4 : 00 P .M. on Tuesday, May 14 ,
1991 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
Raymond Cooper . Also present was Mayor John Akin .
Jim Smith called the meeting to order .
APPROVAL OF MINUTES OF APRIL 9 1991 : Mr . Raymond Cooper
asked that his name be corrected. His name was listed as
John instead of Raymond . Raymond Cooper made a motion
that the minutes of the April 9, 1991 meeting be approved
with the corrections . The motion was seconded by Bart
Peddicord. The motion carried with all in favor .
APPROVAL OF TREASURER 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 $114 ,926 . 89 . Sales tax received in
March was $12 ,503 . 17 , interest received was $470. 51 and
expenditures in the amount of $50 .00 . A check was issued to
the City of Wylie for $452 . 17 due to an error in figuring
the amount due to the Development Corporation . James Blakely
made a motion that the report be approved as read . The
motion was seconded by Raymond Cooper . The report was
unanimously approved .
DISCUSS AND CONSIDER PROPOSAL FROM AQUA CULTURE MANAGEMENT
ASSOCIATION FOR RELOCATING TO WYLIE: Mr . Cooper felt it
needs private investment since it appears to be extremely
risky. All concurred that it was a highly speculative
business . Raymond Cooper made a motion that we turn down
any participation in this particular operation . Mr . John
Yeager seconded the motion . The vote was unanimously
approved .
DISCUSS AND CONSIDER REPORT ON POSSIBLE NEW OWNERS AND
OCCUPANTS OF JOHNSTON ' S BUILDING: Mr . Jim Smith reported he
is working with a potential buyer for the Johnstons
building. They asked that their name not be publicly
disclosed . They manufacture cheerleader uniforms, etc .
They have received all information on the building including
the asking price of $613 ,000 . They did not balk instantly
and seemed to be somewhat familiar with the property. I
have sent to them today a copy of Johnstons employee list , a
demographic of the City of Wylie (not current) . Mr . Smith
1
stated he needed to know what the City' s attitude was toward
leaving it as manufacturing facility because it does not
meet present zoning requirements . If it changes hands does
the grandfather clause go out the window. This is a very
critical item to the potential buyer . Mayor Akin did not
feel there would be a problem since it would be a clothing
manufacture which is what it is now. However , Mr . Cooper
stated that the previous planning and zoning guy (Ed Richey)
that was here said that once it was shut down by the current
owners it could not be started back up as a manufacturing
facility and that the zoning ordinance was commercial and
that it would have to be rezoned in order to get a occupancy
certificate . Mr . Cooper stated that he thought somebody was
going to have to go to the Council and get the Council' s
assurance that they will allow manufacturing to continue
before, and you' ll have to get that from the Council , before
assuring these people . The Mayor stated he didn ' t see any
problem because number one it would be a nice business to
have come in . Mr . Cooper stated they should go informally
to the P & Z and informally go maybe to the individual
Council members and say this is the informal thinking of the
P & Z , do you have any problems with it . Mr . Cooper felt
that Johnstons should go ahead and request the zoning for
light industrial .
Mr . Smith stated this business was serious about the
relocation. Thus far they have not asked for any help.
Mr . Smith stated that the people that are looking at
Johnstone got involved because John Tobin knows them and
John Tobin and I are the ones that have been working on this
thing .
RECESS REGULAR MEETING:
WORKSHOP DISCUSSION OF GOALS AND OBJECTIVES: Mr . Raymond
Cooper gave an update on the highway work. Mr . Cooper has
been advised by new County Judge Harris that David Griffin
would probably consider it a conflict of interest to work
with us in as much as his other clientele is concerned .
They advised that we talk to a gentlemen named Pope . Mr .
Cooper stated that he had not yet met the man but they had
been playing telephone tag for a week. Mr . Smith asked if
he was with the highway department . He is not with the
Highway Department . He is an independent consultant for
several of the cities around. His main forte is that he is
totally aware of everything that is happening in the Highway
Department . For a yet undetermined fee he will keep you
enlightened on a regular basis and will in fact do some
lobbying for you if you choose to go with him.
RECONVENE OPEN MEETING
There being no other matters of business for discussion , a
motion was made to adjourn with all in favor .
Minutes of the May 14 , 1991 regular meeting approved by the
Board of Directors at its meeting on June 11 , 1991 .
Barton Peddicord, Secretary-Treasurer