07-31-2006 (WEDC) Minutes Minutes
Wylie Economic Development Corporation
Board of Directors Meeting
Monday, July 31, 2006 — 7:00 A.M.
Inwood National Bank— Conference Room
200 South Hwy. 78 —Wylie, Texas
CALL TO ORDER
Announce the presence of a Quorum.
Vice President Young called the meeting to order at 7:00 a.m. Board Members
present were: Merrill Young, Gary Bartow, and John Yeager.
Staff present was Executive Director Sam Satterwhite.
Board President Fuller and Board Member Herzog were not present.
CITIZEN PARTICIPATION
There being no citizen participation, Vice President Young proceeded to Action
Items.
ACTION ITEMS
ITEM NO. 1 — Consider and Act Upon Approval of the July 20, 2006 Minutes
of the WEDC Board of Directors Meeting.
MOTION: A motion was made by Gary Bartow and seconded by John
Yeager to approve the July 20, 2006 Minutes of the WEDC
Board of Directors Meeting. The WEDC Board voted 3 — FOR
and 0 —AGAINST in favor of the motion.
EXECUTIVE SESSION
The WEDC Board of Directors convened into Executive Session at 7:05 a.m.
ITEM NO. 1 — Convene into Executive Session to Hold Deliberations
Regarding Economic Development Negotiations (Consider Infrastructure
Improvements to Benefit Commercial Development Near the Intersection of
F. M. 544 and Westgate Way) as Authorized in Section 551.087 of the Local
Government Code, Vernon's Texas Code Annotated (Open Meetings Act).
WEDC—Minutes
July 31,2006
Page 2 of 2
RECONVENE INTO OPEN MEETING
The WEDC Board of Directors reconvened into open session at 7:43 a.m.
MOTION: A motion was made by John Yeager and seconded by Gary
Bartow to approve funding up to $24,000 for the extension of
sewer service to a commercial site located at the Northwest
corner of FM 544 and Westgate. The WEDC Board of
Directors voted 1 — FOR and 2 —AGAINST the motion.
ADJOURNMENT
With no further business, Mr. Young adjourned the WEDC Board meeting at 7:44
a.m. Consensus of the WEDC Board was to adjourn.
Merrill Young~President
ATTEST:
Samuel D.R. Satterwhite
Executive Director