03-10-1992 (WEDC) Minutes DIRECTORS OF DEVELOPMENT CORPORATION OF WYLIE , INC .
MINUTES
MARCH 10 , 1992
The Directors of the Development Corporation of Wylie , Inc .
met in regular session at 4: 30 P .M. on Tuesday , March 10 ,
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 ;
James Blakey, Vice President and members John Yeager and
John Tobin . Mayor John Akin and City Manager Steve
Norwood were also present . In attendance from the the City
Staff was Anita Collins .
Jim Smith called the meeting to order .
DISCUSS AND CONSIDER APPROVAL OF MINUTES OF FEBRUARY 11 ,
1992 REGULAR MEETING AND FEBRUARY 25, 1992 SPECIAL CALLED
MEETING OF THE DEVELOPMENT CORPORATION OF WYLIE , INC: John
Yeager made a motion that the minutes for these meetings be
approved without any corrections . James Blakey 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
$276 , 688 . 83 , sales tax received in February was $22 , 956 . 87 ,
interest received was $860 . 89 and expenditures in the amount
of $2 , 390. 10 . The expenditures were as follows : Rent -
$50. 00 , Business Cards for Charlie Womack - $35 . 10 ,
Chapman' s Remodeling , Office Addition - $2 , 350 . 00 . A motion
was made by John Tobin to approve the report . The motion
was seconded by John Yeager . The report was unanimously
approved .
DISCUSSION OF THE ANAHEIM TRIP: Linda Hamar made a
presentation and presented a positive successful trip . Ms .
Hamar presented her expense report and a check for $338 . 00
to the board . John Tobin made a motion that we accept this
report and approve the expenses , seconded by John Yeager .
The vote was unanimous .
DISCUSS PREPARATION OF LETTER TO HOLLAND HITCH: President
Jim Smith asked Anita Collins to prepare a letter for his
signature . The letter should state the Development
Corporation's participation in their expansion according to
the motion made at the February 25 , 1992 special meeting .
DISCUSS THE DATABASE FOR INDUSTRIAL AND RESIDENTIAL LOTS FOR
SALE INCLUDING AERIAL PHOTOS: John Tobin and Jim Yeager
made a report on this . They are still in the process of
gathering the information .