01-14-1992 (WEDC) Minutes DIRECTORS OF DEVELOPMENT CORPORATION OF WYLIE , INC .
MINUTES
January 14 , 1992
The Directors of the Development Corporation of Wylie , Inc .
met in regular session at 4 : 30 P .M. on Tuesday , January 11 ,
1992 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 ;
and members John Yeager and John Tobin. Also present was
Acting City Manager Carolyn Jones . Vice-President James
Blakey was out due to illness .
Jim Smith called the meeting to order .
APPROVAL OF MINUTES OF DECEMBER 10 , 1991 : John Yeager made
a motion that the minutes be approved without any
corrections . John Tobin seconded the motion . The motion
carried with all in favor .
DISCUSS AND CONSIDER APPROVAL OF TREASURER'S 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
$246 , 252 . 46 , sales tax received in December was $ 12 , 294 . 10 ,
interest received was $898 . 80 and expenditures in the amount
of $50 . 00 to the City of Wylie . A motion was made by John
Tobin to approve the report . The motion was seconded by
John Yeager . The report was unanimously approved .
DISCUSS A VIDEO TAPE TO PROMOTE WYLIE : This was a
discussion item only , no action was taken . Members were
asked by President Jim Smith to bring back, at the next
meeting , their ideas and suggestions for what should be on
the tape .
DISCUSS AUDIT REPORT : President Jim Smith stated that they
had received an invoice from the auditors for $500 . 00 but
they had not received any report . They asked if the City
had their report . The City has not received anything .
Payment of the invoice will be held until a report and an
itemized statement is received .
DISCUSS ANNUAL REPORT TO CITY DUE NO LATER THAN JANUARY 31 ,
1992 : Each member received a copy of a draft for this
report . The board requested that Anita Collins put this
draft into the proper format so it could be presented to the
Council . A motion was made by John Tobin to accept this
report and present it to the Council in its final form. The
motion was seconded by John Yeager . The motion carried
with all in favor .
DISCUSS AND CONSIDER THE CHAMBER OF COMMERCE ANNUAL BANQUET :
The board will attend the banquet as a group but the board
will not purchase the tickets .
RECESS REGULAR MEETING :
WORKSHOP DISCUSSION OF GOALS AND OBJECTIVES : Goals and
objectives were discussed . It was further discussed about
the board sponsoring Linda Hamar to attend a business
exposition in Anaheim , California as a guest of Lone Star
Gas , will be on the next agenda for a vote .
RECONVENE REGULAR MEETING
There being no other matters of business for discussion , a
motion was made by John Tobin to adjourn and seconded by
Bart Peddicord . The motion carried with all in favor .
Minutes of the January 14 , 1992 , regular meeting approved by
the Board of Directors at its meeting on February 11 , 1992 .
Barton Peddicord , Secretary-Treasurer
PREPARED BY :
y
Anita Collins