01-12-1993 (WEDC) Minutes DIRECTORS OF DEVELOPMENT CORPORATION OF WYLIE , INC .
MINUTES
JANUARY 12 , 1993
The Directors of the Development Corporation of Wylie , Inc . met
in regular session at 4 :00 P .M . on Tuesday , January 12 , 1993 in
the Development Corporation 's office at 108 W . Marble , Wylie ,
Texas . A quorum was present and notice of the meeting had been
posted in the time and manner required by law . Those present
were President Jim Smith , Vice President James Blakey , Secretary
Treasurer John Yeager and members John Tobin and John Mondy .
Executive Director Charlie Womack and Mayor John Akin were also
present . In attendance from the City Staff was Anita Collins and
Mike Schmidt .
President Jim Smith called the meeting to order .
DISCUSS AND CONSIDER APPROVAL OF MINUTES OF NOVEMBER 10 . 1992
REGULAR MEETING : The spelling of Wylie throughout the minutes
should be spelled "Wylie" and not "Wile" . In the third line of
the workshop item it should read " known as Industrial tract #1 ,
of approximately forty-seven acres" . There being no other
corrections to the minutes a motion was made by John Yeager to
approve the minutes . The motion was seconded by James Blakey .
The motion carried with all in favor .
MIKE SCHMIDT . BUILDING OFFICIAL. CITY OF WYLIE - EXPLAIN CITY
MASTER PLAN: Mr . Schmidt made a presentation to the Development
Corporation regarding the City 's views on developing a master
plan . It included a comprehensive development plan , a growth
plan that can be built on , and other necessary things . He asked
for the Development Corporation 's input and assistance in
developing the master plan .
DISCUSS AND CONSIDER APPROVAL OF TREASURER'S REPORT: A motion to
accept the Treasurer 's Report as read was made by John Mondy and
seconded by James Blakey . The motion carried with all in favor .
( See attached report at the end of these minutes ) .
REPORT FROM EXECUTIVE DIRECTOR:
A . Status report of meeting with the principals of Physicians
Regional Hospital regarding the status of their loan for
which the Development Corporation has placed a Certificate of
Deposit for collateral . They should be making a payment this
month ( January ) on this loan . Their cash flow is improving .
B . Current status report on American Molds , Inc . - no changes
or new information since the last report .
C . Current status report of discussions with a major employer
that may consider a possible relocation to Wylie -
negotiations and discussions are continuing with this major
employer .
D . Perma-Tune Inc . status report - the owners attempted to meet
with the TACB on December 31 , 1993 regarding their business .
E . Report Purchase of Used Copier copier has been purchased
and is being used .
RECESS OPEN MEETING
CONVENE TO EXECUTIVE SESSION:
A . Discuss status of possible land purchase .
Jim Smith will be presenting this to the Wylie City Council
_ in their executive session tonight ( 01/09/93 ) .
RECONVENE REGULAR MEETING
CITIZEN PARTICIPATION: None
There being no other business for discussion a motion was made
and seconded that the meeting be adjourned .
Minutes of the January 12 , 1993 , regular meeting approved by the
Board of Directors at its meeting on February 9 , 1993 .
n Yea r , ecretary
PREPARED BY
"" Anita Collins