MINUTES

SUNNYVALE 4A DEVELOPMENT CORPORATION

BOARD OF DIRECTORS

REGUALR MEETING

DECEMBER 6, 2007

7:00 P.M.

THE BOARD OF DIRECTORS OF SUNNYVALE 4A DEVELOPMENT CORPORATION WILL MEET IN REGULAR SESSION ON DECEMBER 6, 2007 AT 7:00 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. ITEMS TO BE DISCUSSED AND ACTED UPON ARE:

PRESIDENT BILL WHITEHURST

VICE PRESIDENT JIM WADE

MEMBER DANNY ALLEN

MEMBER LAWRENCE BOYD

· CALL MEETING TO ORDER

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

· APPROVAL OF MINUTES FROM REGULAR MEETING OF NOV. 1, 2007.

A motion was made by member Larry Boyd to approve the minutes of the regular meeting of November to include the change noted by the Town Manager, Scott Campbell. The motion was second by member Jim Wade. The motion carried unanimously.

· APPROVAL OF MONTHLY FINANCIAL REPORT FOR NOV. 30, 2007.

A motion was made my member Larry Boyd to approve the monthly

financial report for November 30, 2007 and was second by member Jim

Wade. Motion carried unanimously.

· PUBLIC COMMENT PERIOD: PERSONS MAY ADDRESS THE SUNNYVALE 4A DEVELOPMENT CORPORATION BOARD OF DIRECTORS 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.

No public comments were made.

· EXECUTIVE SESSION AGENDA

1. PURSUANT TO SECTION 551.087 OF THE TEXAS GOVERNMENT CODE

TO DISCUSS AND DELIBERATE COMMERCIAL OR FINANCIAL

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Sunnyvale 4A Development Corporation

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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.

2. 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.

3. PURSUANT TO SECTION 551.074 (PERSONNEL) OF THE TEXAS

GOVERNMENT CODE, TO DISCUSS APPLICANTS FOR VACANT

POSITION ON BOARD OF DIRECTORS

President Whitehurst adjourned into executive session at 7:04 p.m.

President Whitehurst reconvened the meeting at 8:35 p.m.

· CONSIDER ANY ACTION AS A RESULT OF THE EXECUTIVE SESSION

No action was taken as a result of executive session.

· ADDITIONAL DISCUSSION/ACTION ITEMS

A. CONSIDER A RECOMMENDATION OUTLINING TAX ABATEMENT

OR OTHER INCENTIVES THAT MAY BE OFFERED FOR MILLARD

REFRIGERATED SERVICES, INC. PROPOSED WAREHOUSE PROJECT

AND REQUESTING TOWN COUNCIL APPROVAL.

B. CONSIDER A RESOLUTION RECOMMENDING THAT THE TOWN

COUNCIL APPOINT A NEW MEMBER TO THE BOARD OF

DIRECTORS AND RECOMMENDING AN APPLICANT

Member Wade made a motion to recommend to the Town Council that Rachel Doyle be appointed as the next member for the 4A Development Corporation. Motion was second by Member Danny Allen.

Motion carried unanimously.

Member Jim Wade announced that the hospital group had closed on the land for the project and that they would probably soon have a ground breaking. He further stated that the 4A Board should hold a strategic planning workshop in January to discuss goals and objectives for the upcoming year.

· PLAN DATE OF NEXT MEETING, JANUARY 3, 2007 OR OTHER DATE

Minutes

Sunnyvale 4A Development Corporation

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There was a consensus among the board members to meet on the regular meeting date of January 3, 2008.

· ADJOURN

President Bill Whitehurst adjourned the meeting at 8:45 p.m.

_____________________________

President, Bill Whitehurst

ATTEST:

__________________________

Christina Rena Cox

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