07-09-1991 (WEDC) Minutes DIRECTORS OF DEVELOPMENT CORPORATION OF WYLIE, INC.
MINUTES
July 9 , 1991
The Directors of the Development Corporation of Wylie, Inc .
met in regular session at 4 : 00 P .M. on Tuesday, July 9,
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
John Tobin. Also present was Mayor John Akin and City
Manager Bill Dashner .
Jim Smith called the meeting to order.
City Secretary, Carolyn Jones , administered the oath of
office to all five members of the Board.
APPROVAL OF MINUTES OF June 11 , 1991: Mr . James Blakey
made a motion that the minutes be approved . Mr . John Yeager
seconded the motion. 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 $145 ,782 .48 . Sales tax received in
May was $10 ,479 .53 , interest received was $539 .69 and
expenditures in the amount of $50 .00 to the City of Wylie
and in the amount of $124 .00 to Wylie Insurance Agency.
James Blakey made a motion that the report be approved as
read. The motion was seconded by John Tobin. The report
was unanimously approved .
DISCUSS AND CONSIDER PREPARATION OF A BUDGET FOR FISCAL YEAR
92 : Discussion was made as to the past expenditures of the
Corporation and the format of the FY92 budget . This item
was for discussion only.
DISCUSS AND CONSIDER PREPARATION OF SEMI-ANNUAL REPORT FOR
PRESENTATION TO THE CITY COUNCIL: Discussion was made as
to how to prepare this report and what it should it include .
This item was for discussion only.
DISCUSS AND CONSIDER SHORT AND LONG TERM PLANNING:
Discussion was made as to preparing a written short and long
term goals report . A request was made for a workshop
meeting to be held on Thursday, July 18 , 1991 .
RECESS REGULAR MEETING:
WORKSHOP DISCUSSION OF GOALS AND OBJECTIVES: Goals and
objectives were discussed .
RECONVENE OPEN MEETING
There being no other matters of business for discussion , a
motion was made by James Blakey to adjourn and seconded by
John Yeager . The motion carried with all in favor .
Minutes of the July 9 , 1991 regular meeting approved by the
Board of Directors at its meeting on August 13 , 1991 .
Barton Peddicorc Secrets Treasurer
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