5024 Broadway Ave.
Haltom City, TX  76117
817-222-7700

December 14, 2017 EDC Minutes

MINUTES

BOARD OF DIRECTORS REGULAR MEETING HALTOM CITY ECONOMIC DEVELOPMENT CORPORATION

City Hall Pre-Council Chambers - 5024 Broadway Avenue December 14, 2017 – 6:00 P.M.

A Regular Meeting was held by the Board of Directors of the Economic Development Corporation (EDC) on Thursday, December 14, 2017, at the City Hall Pre-Council Chambers with the following members present: President Ricky Brown; Vice President Gary Blocker; Board Members Bob Watkins, Trae Fowler, Don Jury, and Wesley Hart. Board Member David Averitt was absent. Staff Members present: EDC Director Keith Lane, Assistant City Manager Rex Phelps, Finance Director Jennifer Fung, City Secretary Art Camacho, and City Attorney Wayne Olson. City Council Members Jeannine Nunn and Walter Grow were also present during the meeting and Executive Session.

CALL TO ORDER

President Brown called the meeting to order at 6:02 p.m.

  1. Approval of EDC Minutes – Consideration and/or action regarding approval of the Minutes of November 16, 2017. Board Member Jury moved, seconded by Board Member Watkins, to approve the November 16, 2017 minutes. The motion was approved unanimously. Motion carried.

  2. Finance Report – Discussion of the monthly financial report. Finance Director Jennifer Fung presented the financial report ending November 2017. No questions were raised regarding the report.

  3. Grant Policy Revision – Consideration and/or action to revise review procedures in the Economic Development Assistance Grant Policy. Assistant City Manager Rex Phelps presented the revised version of the grant policy with the two basic changes consisting of the removal of restrictions on the redevelopment area and the allowance of grant approval even after construction has begun. Board Member Jury moved, seconded by Board Member Watkins, to approve the grant policy revisions. The motion was approved unanimously. Motion carried.

    EXECUTIVE SESSION

    Section 551.071 – Consultation with the EDC Attorney. The Economic Development Corporation reserves the right to adjourn into Executive Session at any time during the course of this meeting to seek legal advice from the EDC Attorney about any matters listed on the agenda and litigation, dissolution/restructuring of the Haltom City Economic Development Corporation, settlement offers and/or claims including Flynn v. Haltom City.

    Section 551.072 – Real Property. The Economic Development Corporation may deliberate the purchase, exchange, lease or value of real property, including properties for projects related to the development of new city facilities pertaining to the bond election.

    President Brown called for an Executive Session at 6:08 p.m.

    RECONVENE INTO REGULAR SESSION

  4. President Brown reconvened the EDC into Regular Session at 7:28 p.m. Board Member Jury moved, seconded by Board Member Watkins, for the EDC to make available land that the City has identified as the best location for a fire station if the City Council votes to put the fire station on the bond election. The motion was approved unanimously. Motion carried. Board Member Jury moved, seconded by Board Member Watkins, to approve the EDC five (5) acres south of the Library for a municipal complex housing consisting of a joint City Hall/Police Department for a

leasing agreement and not a donation or sale, contingent upon the pipeline discovery. The motion was approved unanimously. Motion carried. Board Member Fowler requested a policy be developed and placed on the next EDC meeting in regard to both meeting attendance and real property transfers.

ADJOURNMENT

President Brown adjourned the meeting at 7:37 p.m. RESPECTFULLY SUBMITTED BY: APPROVED BY:

Art Camacho, City Secretary Ricky Brown, President

EDC December 14, 2017 Minutes page 2

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October 19, 2017 EDC Minutes

MINUTES

BOARD OF DIRECTORS REGULAR MEETING HALTOM CITY

ECONOMIC DEVELOPMENT CORPORATION

City Hall Pre-Council Chambers - 5024 Broadway Avenue October 19, 2017 – 6 P.M.

A Regular Meeting was held by the Board of Directors of the Economic Development Corporation (EDC) on Thursday, October 19, 2017, at the City Hall Pre-Council Chambers with the following members present: Board Members Bob Watkins, Trae Fowler, Don Jury, and Wesley Hart. President David Averitt, Vice President Ricky Brown, and Board Member Gary Blocker were absent. Staff Members present: Assistant City Manager Rex Phelps, Finance Director Jennifer Fung, City Secretary Art Camacho, and City Attorney Wayne Olson. EDC Director Keith Lane was absent

CALL TO ORDER

Board Member Watkins called the meeting to order at 6 p.m.

  1. Approval of EDC Minutes – Consideration and/or action regarding approval of the Minutes of September 28, 2017. Board Member Jury moved, seconded by Board Member Watkins, to approve the September 28, 2017 minutes. The motion was approved unanimously. Motion carried.

  2. Finance Report – Discussion of the monthly financial report. Finance Director Jennifer Fung presented the financial report ending September 2017. A question was raised regarding the increase in the interest amount.

  3. Grant Policy Revision – Consideration and/or action to revise review procedures in the Economic Development Assistance Grant Policy. Assistant City Manager Rex Phelps presented the agenda item and a lengthy discussion was held regarding the grant timeline for applicants, the possibility of a quarterly review, and the procedure of the Grant Review Committee determination for funding consideration. Board Member Wesley Hart agreed to serve on the Grant Review Committee in lieu of his work experience. Board Member Fowler moved, seconded by Board Member Jury, to table this item until the next meeting and have the discussed revisions set for deliberation and consideration. The motion was approved unanimously. Motion carried.

  4. President and Vice President – Consideration and/or action designating a Board President and Vice President. Board Member Watkins nominated the name of current Vice President Ricky Brown for EDC President. There were no further nominations. Board Member Fowler nominated the name of Board Member Gary Blocker for EDC Vice President. There were no further nominations. A ballot vote was taken from the four Board Members for both nominations and both Vice President Ricky Brown received all four ballot votes for President and Board Member Gary Blocker received all four ballots for Vice President.

EXECUTIVE SESSION No executive session was held.

ADJOURNMENT

Board Member Watkins adjourned the meeting at 6:50 p.m. RESPECTFULLY SUBMITTED BY: APPROVED BY:

Art Camacho, City Secretary Ricky Brown, President

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November 16, 2017 EDC Minutes

MINUTES

BOARD OF DIRECTORS REGULAR MEETING

HALTOM CITY ECONOMIC DEVELOPMENT CORPORATION

City Hall Pre-Council Chambers - 5024 Broadway Avenue November 16, 2017 – 6:00 P.M.

A Regular Meeting was held by the Board of Directors of the Economic Development Corporation (EDC) on Thursday, November 16, 2017, at the City Hall Pre-Council Chambers with the following members present: President Ricky Brown; Vice President Gary Blocker; Board Members Bob Watkins, Trae Fowler, Don Jury, and Wesley Hart. Board Member David Averitt was absent. Staff Members present: EDC Director Keith Lane, Assistant City Manager Rex Phelps, Finance Director Jennifer Fung, City Secretary Art Camacho, and City Attorney Wayne Olson.

CALL TO ORDER

President Brown called the meeting to order at 6:02 p.m.

  1. Approval of EDC Minutes – Consideration and/or action regarding approval of the Minutes of October 19, 2017. Board Member Jury moved, seconded by Board Member Watkins, to approve the October 19, 2017 minutes. The motion was approved unanimously. Motion carried.

  2. Finance Report – Discussion of the monthly financial report. Finance Director Jennifer Fung presented the financial report ending October 2017. No questions were raised regarding the report.

  3. Economic Development Update – Updated report on current project and new potential developments. Assistant City Manager Rex Phelps presented an update regarding the new projected single family home construction, hotel and restaurant projects, grand apartment complex, and new grocery and possible retail businesses. A discussion was held regarding the 43 acre EDC owned property developments, municipal facilities, possible may 2018 Bond Election, and property developer’s ideas and concepts.

  4. Grant Policy Revision – Consideration and/or action to revise review procedures in the Economic Development Assistance Grant Policy (tabled from previous meeting). Assistant City Manager Rex Phelps presented the agenda item and a discussion was held regarding the new revisions, amount of funding for the EDC for grants, selection criteria, non-quarterly grant limitations, possible budget amendment, possible zone restrictions, and the use of the name “Haltom City” in the business addresses of local grant-assisted businesses. Board Member Fowler moved, seconded by Board Member Jury, to return this agenda item to the next meeting. The motion was approved unanimously. Motion carried.

EXECUTIVE SESSION

Section 551.071 – Consultation with the EDC Attorney. The Economic Development Corporation reserves the right to adjourn into Executive Session at any time during the course of this meeting to seek legal advice from the EDC Attorney about any matters listed on the agenda and litigation, dissolution/restructuring of the Haltom City Economic Development Corporation, settlement offers and/or claims including Flynn v. Haltom City.

Section 551.072 – Real Property. The Economic Development Corporation may deliberate the purchase, exchange, lease or value of real property,

President Brown called for an Executive Session at 7:56 p.m.

RECONVENE INTO REGULAR SESSION

President Brown reconvened the EDC into Regular Session at 8:12 p.m. No action was taken.

ADJOURNMENT

President Brown adjourned the meeting at 8:12 p.m. RESPECTFULLY SUBMITTED BY: APPROVED BY:

Art Camacho, City Secretary Ricky Brown, President

EDC November 16, 2017 Minutes page 2

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