MINUTES
BOARD OF DIRECTORS
REGULAR MEETING
THURSDAY, MARCH 4, 2010
6:00 P.M.
THE BOARD OF DIRECTORS OF
SUNNYVALE 4A DEVELOPMENT CORPORATION MET IN A REGULAR MEETING AT 6:00 P.M. ON
THURSDAY MARCH 4, 2010 INITIALLY AT THE TEXAS REGIONAL MEDICAL CENTER AT
SUNNYVALE, 231 S. COLLINS ROAD FOR A TOUR OF THE NEW FACILITY AND THEN AT 7:00
P.M. IN THE COUNCIL CHAMBERS OF THE SUNNYVALE TOWN
PRESIDENT LARRY BOYD
VICE PRESIDENT RACHEL DOYLE
SECRETARY CLINT WESTMORELAND
TREASURER RONNIE HENDERSON
MEMBER WALT THOMAS
·
CALL TO
ORDER-6:00 P.M. AT THE
No minutes taken.
·
TOUR THE
No
minutes taken.
·
RECONVENE
THE MEETING IN THE COUNCIL CHAMBERS AT THE
President Boyd called the meeting to order at 7:07 p.m.
· REVIEW AND CONSIDER APPROVING THE FINANCIAL REPORT
A. JANUARY AND FEBRUARY 2010
David Cranford, Finance Director, gave a current financial report. He stated that spending was in line with the budget, but current sales tax collections were down. Mr. Cranford was asked to review the budget a mid-year for both expenses and revenues.
Motion was made by Member Doyle to approve the January and February 2010 financials. Motion seconded by Member Thomas. Motion carried unanimously.
·
DISCUSS
AND CONSIDER PROPOSED PROJECTS AND CONSIDERATIONS FOR UPDATING THE STRATEGIC
PLAN AND ANNUAL ACTION ITEMS FOR THE FUTURE DEVELOPMENT OF
A. REVIEW CHANGES MADE AT THE LAST MEETING TO
DEFINE AND PRIORITIZE LONG TERM AND SHORT TERM GOALS
Pam Mundo, Economic Development Consultant, discussed the 4A goals for the current year and informed the Board of educational opportunities available for the next few months. She presented the members with the 2009 Application for Economic Excellence and asked it be submitted since they had met the 100 point criteria and deserved the recognition. She explained that this allowed for comparisons of economic development boards.
Motion was made by Member Henderson to file the Economic Excellence application. Motion seconded by Member Doyle.
Motion was made by Member Westmoreland to accept the Strategic Plan 4A Development Corporation as changed. Motion seconded by Member Thomas. Motion carried unanimously.
·
EXECUTIVE
SESSION AGENDA
1. 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 GENERALLY LOCATED SOUTH AND WEST OF U.S. HIGHWAY 80 AT EAST
FORK ROAD.
2. PURSUANT TO SECTION 551.074 OF THE
A. PAM MUNDO, ECONOMIC CONSULTANT
President Boyd adjourned into executive session at 8:32 p.m.
President Boyd reconvened into regular session at 9:27 p.m.
·
CONSIDER
ANY ACTION AS A RESULT OF THE EXECUTIVE SESSION
Motion made by
Member Doyle for the 4A Board to approve an agreement with O'Campo Brothers
with three (3) changes. First is section
4A. amount changed to: up to $75,000 and
the word "reasonable" should be inserted so the clause reads,
"shall provide proof of payment for all reasonable expenses; Second in
section 6E, the amount would be changed to $700,000 and the exhibits will need
to be finalized by town staff to make sure the numbering of the exhibits will
be correct and Last, this would be contingent on the budget amendment approval
by the Town Council for the $75,000.
Motion seconded by Member Henderson.
Motion carried unanimously.
Motion made by
Member Thomas to extend the 4A agreement with Mundo & Associates beginning
April 16, 2010 for another year at the current rate. Motion seconded by Member Westmoreland.
·
ADJOURN
President Boyd adjourned the meeting at 9:30 p.m.
The undersigned presiding officer
certifies that this is a true and correct record of the proceedings.
___________________________________
President Lawrence Boyd
ATTEST:
_______________________________
A TAPE RECORDING OF THIS MEETING IS ON FILE AT TOWN HALL. THESE MINUTES ARE CONDENSED THEREFROM.