July 19, 2018 EDC Minutes
BOARD OF DIRECTORS REGULAR MEETING
HALTOM CITY ECONOMIC DEVELOPMENT CORPORATION
City Hall Pre-Council Chambers - 5024 Broadway Avenue July 19, 2018 – 6:00 P.M.
A Regular Meeting was held by the Board of Directors of the Economic Development Corporation (EDC) on Thursday, July 19, 2018, at the City Hall Pre-Council Chambers with the following members present: President Ricky Brown; Vice President Gary Blocker; Board Members Bob Watkins, Don Jury, Walter Grow, Wesley Hart, and Daren Hudson. Staff Members present: EDC Director Keith Lane, Assistant City Manager Rex Phelps, Finance Director Jennifer Fung, City Secretary Art Camacho, Public Works Director Greg Van Nieuwenhuize, and City Attorney Wayne Olson.
CALL TO ORDER
President Brown called the meeting to order at 6:00 p.m. in the Pre-Council Room.
EDC Minutes – Consideration and/or action to approve the Minutes of June 21, 2018 and July 5, 2018. Board Member Jury moved, seconded by Board Member Watkins, to approve the Minutes of June 21, 2018 regular meeting. Board Member Watkins moved, seconded by Board Member Grow, to approve the Minutes of the July 5, 2018 joint meeting with the City Council. The motion was approved unanimously.
Finance Report – Discussion of the monthly Finance Report. Finance Director Jennifer Fung presented the Finance Report. No action was taken.
Economic Development Assistance Grant – Consideration and/or action to provide an Economic Development Assistance Grant to DAD-USA Investment, Inc. Planning and Community Development Director Glenna Batchelor presented the grant request and a discussion was held regarding the project objectives, total renovation costs, and projected completion deadline. President Brown requested this agenda item be discussed in Executive Session after Agenda Item # 4 is finished in the Council Chambers.
EDC Property Purchase and Development Proposals – Consideration and/or action to accept a development and purchase offer in regard to EDC property, located at 5100 Springlake Parkway.
The EDC Board moved from the Pre-Council Room to the Council table dais at 6:28 p.m. for Agenda Item # 4.
The following individuals came forward with their presentations:
Happy Baggett – Presented a PowerPoint that showed some prior projects of multi-use and his proposed mixed-use of the city property.
Beaten Path Development – John Pitstick, Dan Quinto, and Jeff David (Our Country Homes) presented a PowerPoint that included several design schemes of mixed-use development.
Alpha Barnes – Steve Barnes presented a PowerPoint with emphasis on residential development that included multi-family, single family and townhome development, in reference to the ongoing development work north of Loop 820 and Haltom Road.
President Brown called for an Executive Session at 7:40 p.m. under the following:
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 the 42.06 acres of EDC property, located at 5100 Springlake Parkway, Haltom City, Texas.
RECONVENE INTO REGULAR SESSION
Take any action necessary pursuant to executive session, including consideration and/or action regarding projects related to the development of EDC properties.
The EDC Board went back into Regular Session at 9:03 p.m. in the Council Chambers and proceeded with the following:
Agenda Item # 3 – EDC Board took no action.
Agenda Item # 4 - Board Member Grow moved, seconded by Board Member Watkins, to table Agenda Item # 4 – EDC property located at 5100 Springlake Parkway - for future consideration. The vote was unanimous. Motion carried.
President Brown adjourned the meeting at 9:04 p.m. RESPECTFULLY SUBMITTED BY: APPROVED BY:
Art Camacho, City Secretary Ricky Brown, President
EDC July 19, 2018 Minutes page 2