MINUTES

SUNNYVALE 4A DEVELOPMENT CORPORATION

BOARD OF DIRECTORS

REGULAR SESSION

MAY 14, 2009

7:00 P.M.

THE BOARD OF DIRECTORS OF SUNNYVALE 4A DEVELOPMENT CORPORATION MET IN REGULAR SESSION ON MAY 14, 2009 AT 7:00 P.M. IN THE COUNCIL CHAMBERS OF THE SUNNYVALE TOWN HALL, 127 N. COLLINS ROAD, SUNNYVALE, TEXAS UNDER V.T.C.A., GOVERNMENT CODE SECTION 551.041. THOSE PRESENT WERE:

PRESIDENT BILL WHITEHURST

ABSENT VICE PRESIDENT JIM WADE

MEMBER LARRY BOYD

MEMBER CLINT WESTMORELAND

MEMBER RACHEL DOYLE

· CALL MEETING TO ORDER

President Whitehurst called the meeting to order at 7:00 p.m.

· APPROVAL OF MINUTES

1. REGULAR MEETING – March 5, 2009 and April 14, 2009

Motion was made by Member Doyle to approve the minutes from March 5, 2009 and April 14, 2009 as presented. Motion seconded by Member Boyd. Motion carried unanimously.

· APPROVAL OF FINANCIAL STATEMENTS

1. UNAUDITED APRIL STATEMENT

David Cranford, Finance Director, explained the April financial statement. Discussion followed. Motion was made by Member Westmoreland to approve the financial statement presented for April 30, 2009. Motion seconded by Member Doyle. Motion carried unanimously.

· PUBLIC COMMENT PERIOD: PERSONS MAY ADDRESS THE SUNNYVALE 4A DEVELOPMENT CORPORATION BOARD ON ITEMS NOT ON THE AGENDA OTHER THAN PERSONNEL MATTERS. PLEASE OBSERVE THE TIME LIMIT OF THREE (3) MINUTES. CORPORATION AND ITS DIRECTORS CANNOT COMMENT OR DELIBERATE ITEMS OF PUBLIC COMMENTS.

There were no public comments.

· HEAR INFORMATION FROM THE SUNNYVALE CHAMBER OF COMMERCE PRESIDENT TERRY REID IN REGARD TO THE PECAN FESTIVAL, NOVEMBER 7, 2009.

President Whitehurst advised the applicant Terry Reid, that no action would be taken on any request being made with her presentation at this meeting.

Terry Reid, President of Sunnyvale Chamber of Commerce, described a proposed Pecan Festival in the fall of 2009 to benefit the citizens of Sunnyvale. A request was made for $30,000 to promote the festival. No action was taken.

· DISCUSS AND CONSIDER APPROVAL MARKETING AND ADVERTISING INCLUDING THE AERIAL AND BROCHURE DOCUMENT AND AD FORMAT FOR THE DALLAS CHAMBER ECONOMIC DEVELOPMENT GUIDE.

Pam Mundo presented the draft of the advertising for the Dallas Chamber Economic Development Guide and the draft copies of the aerial brochure. Discussion followed.

No action was taken.

· DISCUSS AND CONSIDER FOR CORPORATION INVESTMENTS IN INFRASTRUCTURE THAT MAY STIMULATE NEW DEVELOPMENT IN SUNNYVALE SELECTING PRIORITIES FOR FURTHER DEVELOPMENT OF PROJECT AND FINANCIAL PLANS.

Pam Mundo presented recommendations for priority infrastructure projects of up to $5,000,000 of the $33,000,000 infrastructure projects cited. These priority infrastructure projects include sewer lines along US Hwy 80 near the East Fork Road interchange (lines E2, E3, E6 and E5), paving of both Planters Road and T. C. Lupton Road, intersection improvements at Collins Road and Tripp Road and a sewer line along Collins Road in the area of the town center. Ms. Mundo was asked to have bond advisors come to the next meeting to present funding options up to $5,000,000. No other action was taken.

· EXECUTIVE SESSION

1. PURSUANT TO SECTION 551.074 OF THE TEXAS GOVERNMENT CODE

TO DISCUSS AND DELIBERATE PERSONNEL AND RECOMMENDATIONS TO THE TOWN COUNCIL IN REGARD TO DIRECTORS OF THE 4A DEVELOPMENT CORPORATION

President Whitehurst adjourned into executive session at 8:30 p.m.

President Whitehurst reconvened into regular session at 8:45 p.m.

No action was taken as a result of the executive session.

· ADJOURN

President Whitehurst adjourned the meeting at 8:46 p.m.

The undersigned presiding officer certifies that this is a true and correct record of the proceedings.

_____________________

President Bill Whitehurst

ATTEST:

_______________________________

Scott Campbell, Town Manager

A TAPE RECORDING OF THIS MEETING IS ON FILE AT TOWN HALL. THESE MINUTES ARE CONDENSED THEREFROM.