05-19-1998 (WEDC) Minutes Minutes
WYLIE ECONOMIC DEVELOPMENT CORPORATION
Tuesday,May 19, 1998
Board Members Present:
Marvin Fuller(arrived 2:32 p.m.)
Kevin St. John
J.C. Worley
John Yeager
Merrill Young
Staff Present:
Samuel Satterwhite, Executive Director
Jill Sherrill, Administrative Assistant
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 May 19, 1998 in the Board Room of the Wylie Chamber of
Commerce at 108 W. Marble St., Wylie, Texas.
The meeting was called to order by President Yeager at 2:07 p.m.
ITEM NO. 1 - Discuss and Consider Approval of Minutes for the April 1, 1998 Regular
Board of Directors Meeting of the Wylie Economic Development Corporation.
MOTION: A motion was made by J.C. Worley and seconded by Kevin St. John to
approve minutes for the March 17, 1998 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 - Discuss and Consider Approval of the March, 1998 Treasurer's Report for
the Wylie Economic Development Corporation.
MOTION: A motion was made by Kevin St. John and seconded by J.C. Worley to
approve the March, 1998 Treasurer's Report for the Wylie Economic
Development Corporation. The WEDC Board of Directors voted 4 - FOR
and 0 - AGAINST in favor of the motion.
WEDC -Minutes
May 19, 1998
Page 2
ITEM NO. 3 - Discuss and Consider Approval of the April, 1998 Treasurer's Report for
the Wylie Economic Development Corporation.
MOTION: A motion was made by J.C. Worley and seconded by Merrill Young to
approve the April, 1998 Treasurer's Report for the Wylie Economic
Development Corporation. The WEDC Board of Directors voted 4 - FOR
and 0 - AGAINST in favor of the motion.
ITEM NO. 4 - Discuss and Consider the Reorganization of the Wylie Chamber of
Commerce.
Staff presented issues to the Board surrounding the reorganization of the Wylie Chamber of
Commerce. Staff commented that it has been very difficult to build consensus for the WEDC
Director to oversee Chamber activities. The Board agreed with staff and suggested a service
agreement between the WEDC and Chamber of Commerce may formalize a relationship and
legitimize the Chambers ability to assist the WEDC. Staff suggested that the WEDC contract
with the Chamber of Commerce to (1) organize the annual industrial dinner; (2) create two press
releases per year on WEDC business activity, and; (3) organize a tour for area real estate brokers.
The WEDC Board believed that such an agreement is worth $5,000 per year and should be
entered into for three years.
MOTION: A motion was made by Kevin St. John and seconded by Merrill Young to
authorize staff to enter into a service agreement with the Wylie Chamber
of Commerce. The WEDC Board of Directors voted 5 - FOR and 0 -
AGAINST in favor of the motion.
ITEM NO. 5 -Executive Session.
The WEDC Board of Directors convened into Executive Session under Section 551.072 of the
Texas Government Code to deliberate about real property regarding Industrial Development
within the City of Wylie.
ITEM NO. 6 - Reconvene into Open Session.
No Formal action was taken as a result of Executive Session.
ITEM NO. 7- Staff Reports.
Staff updated the Board on the construction progress of CPI, Hoffman Blastroom Equipment,
and Accurate Automatic. Staff briefed the Board on a request from an individual purchasing the
Hometown Furniture facility for assistance from the WEDC. Also, the Board was updated on the
progress of L.G. Motorsports and the removal of the sign located at Century Business Park. Staff
reported that a representative from Interior Fixture Installations, Inc. contacted the WEDC and
had indicated an interest in locating a facility here in Wylie.
WEDC - Minutes
May 19, 1998
Page 3
ITEM NO. 8 - Citizen Participation.
There being no citizen participation, President Yeager proceeded to Item No. 9.
ITEM NO. 9-Adjourn.
Board Member St. John requested that the minutes reflect that Board Member Fuller was 25
minutes tardy. There being no further business, the meeting was adjourned at 4:15 p.m.
John eager,President
Attest:
Samuel D.R. Satterwhite
Executive Director