11-18-2003 (WEDC) Minutes Minutes
WYLIE ECONOMIC DEVELOPMENT CORPORATION
November 18, 2003
Board Members Present
Gary Bowland
Marvin Fuller
Kevin St. John
John Yeager
Staff Present
Samuel Satterwhite, Executive Director
With notice of the meeting posted in time and manner required by law and a quorum of Board
members present, the Board of Directors of the Wylie Economic Development Corporation
(WEDC) met in Regular Session on November 18, 2003 in the Dividend Room of Inwood
National Bank located at 201 North Ballard, Wylie, Texas.
The meeting was called to order by President Marvin Fuller at 7:00 a.m.
ITEM NO. 1 — Consider and Act Upon Approval of Minutes for the November 5, 2003,
Regular Board of Directors Meeting of the Wylie Economic Development Corporation.
MOTION: A motion was made by Kevin St. John and seconded by John Yeager to
approve the minutes for the November 5, 2003, Regular Board of
Directors Meeting of the Wylie Economic Development Corporation. The
WEDC Board of Directors voted 4 — FOR and 0 — AGAINST in favor of
the motion.
ITEM NO. 2—EXECUTIVE SESSION:
The WEDC Board of Directors convened into Executive Session at 7:05 a.m. to hold
deliberations surrounding the sale of WEDC property located at 404 S. Highway 78 in
accordance with Section 551.072, Government Code, Vernon's Texas Code Annotated (Open
Meetings Act), and hold deliberations regarding economic development negotiations between
Project "Bright Light" in accordance with Section 551.087, Government Code, Vernon's Texas
Code Annotated(Open Meetings Act).
ITEM NO. 3 —RECONVENE INTO OPEN MEETING:
The WEDC Board of Directors reconvened into open meeting at 7:37 a.m. No action was taken
as a result of Executive Session.
WEDC—Minutes
November 18, 2003
Page 2
ITEM NO. 4—Discuss Issues Surrounding the Development of a WEDC Strategic Plan.
The Board of Directors instructed staff to present on outline of discussion points at the January,
2004 Meeting.
ITEM NO. 5—Staff Update.
Staff had no new information for Board members.
ITEM NO. 6—Citizen Participation.
There being no citizen participation,President Fuller proceeded to Item No. 7.
ITEM NO. 7—Adjourn.
There being no further business, the meeting was adjourned at 7:45 a.m.
A41411.
9lACS
Marvin Fuller, President
Attest: ,
Samuel D.R. Satterwhite
Executive Director