City of
HALTOM CITY

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

September 18, 2019 EDC Minutes

Joint Meeting with City Council
Wednesday, Sep 18 2019
6:00 p.m.
City Hall (Pre-Council Room) - 5024 Broadway Ave. | Haltom City, TX 76117
Information: 817-222-7773
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MINUTES

September 18, 2019

BOARD OF DIRECTORS MEETING

HALTOM CITY ECONOMIC DEVELOPMENT CORPORATION & CITY COUNCIL

 

A Special City Council Joint Meeting by the City Council of the City of Haltom City, Texas, with the Economic Development Corporation was held on September 18, 2019, at 6:00 p.m. at City Hall, 5024 Broadway Avenue, Haltom City, Texas, with the following members present:

Mayor An Truong Mayor Pro Tem Lin Thompson Council Place 1 Marian Hilliard Council Place 2 Walter Grow (EDC) Council Place 5 Susan Soule Council Place 6 Ricky Brown (EDC) Council Place 7 Gaye Vanzant

Council Place 4 Brent Weast was absent

EDC Members present with EDC President Ricky Brown and Council Member Walter Grow: Vice President Gary Blocker and Board Member Don Jury.

Staff Present: Keith Lane, City Manager; Rex Phelps, Assistant City Manager; Art Camacho, City Secretary and Drew Larkin, City Attorney. Also present was Consultant Trent Petty, of Petty and Associates, and Zach Penn, of Northern Realty.

WORKSESSION

CALL TO ORDER - Mayor Truong called the Council meeting to order at 6:00 p.m. EDC President Brown called the EDC to order at 6:00 p.m. also.

1. Catalyst Group Presentation – Consideration and/or action regarding the presentation from the Catalyst Group regarding future development of 5100 Haltom Road. Assistant City Manager Rex Phelps gave a brief review of the current property development that included the area business developments and residential home projects. Jason Claunch, of the Catalyst Group, gave a PowerPoint presentation that included their economic development philosophy and their specialization in project analysis, virtuous economic cycle, and using a location as power for development. He proceeded to identify several areas of potential development, specifically Northern Cross, listing the advantages and disadvantages of the market assessment and needs. In comparison, he listed several areas in the surrounding area that through data and methods used by Catalyst, defined their market identity and began to acquire developers. He concluded with the fees Catalyst would charge in a professional service agreement for marketing activation of the 820 Corridor. Trent Petty, of Petty and Associates, also commented on the marketing potential of this same area. A discussion was held regarding the funding of a professional service agreement.

EXECUTIVE SESSION

Mayor Truong and EDC President Brown both called for an Executive Session at 7:12 p.m. under the following:

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

Section 551.072 – Real Property. The City Council and the EDC Board may deliberate the purchase, exchange, lease or value of City and EDC real property, including 5100 Haltom Road.

RECONVENE INTO REGULAR SESSION

Both the Council and EDC reconvened into Regular Session at 7:39 p.m. Council Member Grow moved, seconded by Mayor Pro Tem Thompson, to authorize city staff to negotiate with Catalyst for a market analysis for the 820 Corridor. The vote was unanimous. Motion carried. EDC Member Grow moved, seconded by EDC Member Jury, to authorize city staff to negotiate with Catalyst for a market analysis for the 820 Corridor, with payment being funded by the EDC. The vote was unanimous. Motion carried.

EDC Member Grow moved, seconded by Board Member Jury, to authorize the EDC President to sign the agreement with Stream for the amendment of the sale of property at Midway Rd. The vote was unanimous. Motion carried.

 

ADJOURNMENT

Mayor Truong adjourned the Council meeting at 7:42 p.m. EDC President Brown adjourned the EDC meeting also at 7:42 p.m.

RESPECTFULLY SUBMITTED BY: APPROVED BY:

Art Camacho, City Secretary An Truong, Mayor