MINUTES
SUNNYVALE 4A DEVELOPMENT CORPORATION
REGULAR MEETING
JUNE 7, 2007
7:00 P.M.
THE SUNNYVALE 4A DEVELOPMENT CORPORATION MET IN REGULAR SESSION ON JUNE 7, 2007 AT 7 P.M. IN THE COUNCIL CHAMBERS OF THE SUNNYVALE TOWN HALL, 127 COLLINS ROAD, SUNNYVALE, TEXAS UNDER V.T.C.A., GOVERNMENT CODE SECTION 551.041. THOSE PRESENT WERE:
PRESIDENT BILL WHITEHURST
VICE
PRESIDENT JIM WADE
MEMBER PAT WILEY
MEMBER DANNY ALLEN
MEMBER LAWRENCE BOYD
· CALL MEETING TO ORDER
President Whitehurst called the meeting to order at 7:02 p.m.
· APPROVAL OF MINUTES FROM REGULAR MEETING OF MAY 3, 2007
Walt McCool, 4A Attorney, suggested 2 corrections to the minutes.
Board Member Boyd made a
motion to approve the amended minutes of the May 3, 2007 meeting. Motion was seconded by Board Member
Wiley. Motion passed unanimously.
· PUBLIC COMMENT PERIOD: PERSONS MAY ADDRESS THE SUNNYVALE 4A DEVELOPMENT BOARD ON ITEMS NOT ON THE AGENDA. PLEASE OBSERVE THE TIME LIMIT OF THREE (3) MINUTES. CORPORATION AND ITS MEMBERS CANNOT COMMENT OR DELIBERATE ITEMS OF PUBLIC COMMENT.
President Bill
Whitehurst recognized and introduced the Town’s new Finance Administrator,
David Cranford.
· DISCUSSION/ACTION ITEMS:
1. UPDATE ON AMERICAN MARAZZI TILE, INC. INCENTIVES
2. UPDATE ON FRY STREET/COLLINS CORNER PROJECT
3. CONSIDER UPDATES TO STRATEGIC PLAN AND FY BUDGET 2007-2008
4. PLAN FOR LATE SUMMER/FALL BUSINESS BREAKFAST AND OTHER
MARKETING EVENT
Walt McCool, 4A Attorney, stated that the Economic Development agreement
with Marazzi Tile was almost finalized and he anticipated it would be ready for
the July meeting of 4A for consideration.
He further stated that the Town Council would soon be considering an
ordinance amending the originally defined enterprise zone for the Marazzi
project to properly reflect the property adjacent the site that Marazzi
recently acquired.
Mr. McCool also stated that the Town Council would also consider the tax
abatement agreement at an upcoming council meeting.
Pam Mundo, Economic Development Coordinator/Consultant, stated that the
Texas Department of Agriculture would be making a presentation to the Town for
the Texas Capital Fund grant on June 28 at 10:00 a.m. at the Marazzi plant.
Board Member Wade asked if the 4A’s monetary contribution to the Marazzi
project was protected in the event Marazzi did not meet the terms of the
agreement, or satisfy the state requirements for the grant. Walt McCool stated that the 4A requires that
Marazzi repay 4A's contribution if Marazzi defaults on the agreement.
Pam Mundo stated that the Fry Steer project was well underway. She stated that Fry Street had approached
her about additional incentives for the closeout of the buildings and that she
discouraged them from making that a formal request; however she did tell them
we would be happy to talk to and encourage possible tenants.
Scott Campbell, Town Manager, stated that Fry Street did apply and
receive a waiver of impact of 50% from the Town Council, approximately $50,000.
Pam Mundo reviewed the Strategic Plan with the 4A Board. Board Member Boyd stated he would like to
see the Strategic Plan include language pertaining to the promotion of existing
business in Town, as well as language related to important infrastructure
improvements such as improvements to Collins Road. Pam Mundo stated that the she could set up breakfast or morning
coffee meetings with her, the Town Manager and existing business owners to help
better determine the existing business community’s needs/concerns. Scott Campbell stated that the Town staff
had analyzed and presented information to the Town Council on improvements to
Collins Road, north and south of 80, as well as the bridge/intersection
improvement. He stated that the focus
at this point was the bridge improvement alone, but planning is continuing on
the other need improvements to Collins.
He further stated that the Town Council would consider the agreement
with TXDOT for the bridge improvement at the next regularly scheduled council
meeting. Board Member Boyd expressed
concern regarding developers receiving additional impact fee waivers after 4A
incentive agreements had been reached.
Attorney Walt McCool stated that the impact fee ordinance specified the
impact fee waiver appeal process, however the issue could be addressed in the
actual 4A contracts with developers.
Pam Mundo reviewed the proposed budget with the 4A Board. Scott Campbell stated that he felt an
administrative services charge to cover staff time, and other miscellaneous
charges should be included in the budget.
He stated that he and David Cranford were researching the estimated
staff time to arrive at a fair and equitable figure for inclusion in the
budget. Board member Wade stated that
the issue of an administrative charge had been discussed in the past. Mr. Wade further stated that the all of the
staff work for 4A was ultimately for the benefit for the Town as a whole, which
should be part of the consideration of any administrative services charge.
Board Member Boyd expressed concern regarding engineering services for
4A, stating he would like to make sure that the 4A Corporation was not incurring
unnecessary charges for engineering work that should be borne by the Town’s
general fund. Mr. Campbell stated that
all of the engineer’s invoices are reviewed and he felt appropriate
charges were applied to appropriate projects; however the staff would work with
Mr. Cranford to make sure they are receiving adequate review.
Pam Mundo addressed the ‘bond payment’ line item in the proposed
budget. Board Member Wade stated that
he did not believe issuing debt was an appropriate measure for the 4A
Corporation. He stated that the
presented information illustrates remaining funds for $758,696, and a $500,000
pledge to the hospital project would still leave over $250,000 for other
projects, not including the continual monthly income.
· EXECUTIVE CLOSED SESSION
5. PURSUANT TO SECTION 551.087 OF THE TEXAS GOVERNMENT CODE TO DISCUSS AND DELIBERATE COMMERCIAL OR FINANCIAL INFORMATION FROM A POTENTIAL BUSINESS PROSPECT THAT THE BOARD IS SEEKING TO LOCATE OR EXPAND IN THE TOWN; TO DELIBERATE THE OFFER OF FINANCIAL OR OTHER INCENTIVE TO A BUSINESS PROSPECT.
PURSUANT TO SECTION 551.071 OF THE TEXAS GOVERNMENT CODE TO CONSULT WITH THE ATTORNEY FOR THE SUNNYVALE 4A DEVELOPMENT CORPORATION ON MATTERS FOR WHICH THE ATTORNEY'S DUTIES CONFLICT WITH THE TEXAS OPEN MEETINGS ACT.
The Board did not meet in executive session.
· CONSIDER ANY ACTION AS A RESULT OF THE EXECUTIVE SESSION
No action.
· ADJOURN
Chairman Bill Whitehurst adjourned the meeting at 8:45 p.m.
____________________________
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.