May 21, 2020 EDC Minutes
- Thursday, May 21 2020
- 6:00 p.m.
- PDF version:
Board of Directors - Haltom City Economic Development Corporation
Haltom City Economic Development Corporation Special Regular Meeting
May 21, 2020
A Regular Meeting by the Economic Development Corporation of the City of Haltom City, Texas, was held on May 21, 2020, at 6:00 p.m. at 5024 Broadway Avenue, Haltom City, Texas, with the following members present: Board President Ricky Brown; Board Members Brent Weast, Walter Grow, Troy Dunn, and Daren Hudson. Vice President Gary Blocker and Board Member Don Jury were absent. Staff Present: Rex Phelps, EDC Director; Sidonna Foust, Assistant City Manager/Finance Director; Wayne Olson, City Attorney; Art Camacho, City Secretary; Greg Van Nieuwenhuize, Public Works Director; and Glenna Batchelor, Planning and Community Development Director. Also present was Will Northern and Dan Dase of WNC, Zach Penn of Christie’s International Real Estate, Amina Patel, of DITWIN, LLC, and property owner Waylon Wolfe, Jr.
CALL TO ORDER (General Comments)
EDC President Brown called the meeting to order at 6:02 p.m.
EDC Minutes – Consideration and/or action to approve the Minutes of the May 7, 2020 EDC Regular Meeting. Board Member Grow moved, seconded by Board Member Weast, to approve the Minutes of May 7, 2020. The vote was unanimous. Motion carried.
Finance Report – Discussion of the monthly Finance Report. ACM/Finance Director Sidonna Foust presented the monthly Finance Report. No questions were asked.
Development and Contract - Consideration and/or action for proposed Development Plan and Contract Proposal for EDC property located as 5520 and 5540 NE Loop 820 by Mike Patel and DITWIN, LLC. Zach Penn presented the PowerPoint that included the updates from Mike Patel’s first proposal from a prior meeting in February. A discussion was held regarding the food area, building height, and construction timelines. EDC President Brown stated the EDC will discuss this in Executive Session prior to making a decision.
Economic Development Assistance Grant - Conduct a public hearing and consider action on awarding an Economic Development Assistance Grant to Waylon Wolfe, Jr. for property located at 5951 Huddleston Street. Planning and Community Development Director Glenna Batchelor presented the grant and President Brown inquired of the Board if there were any questions, and he received none. Property owner Waylon Wolfe Jr. commented on his current development of the property, the future business and employment expansion, and his pursuit of buying the existing neighboring properties. President Brown stated the Council will go into Executive Session to render a decision.
EDC President Brown called for an Executive Session at 6:15 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, dissolution/restructuring of the Haltom City Economic Development Corporation, Chapter 380 development agreement with Haltom Hospitality, LLC, legal impact of COVID-19, authority to ease open meetings act, and litigation, settlement offers and/or claims including Flynn v. Haltom City.
Section 551.072 – Real Property. Deliberation regarding the purchase, exchange, lease, or value of real property owned by the Economic Development Corporation.
RECONVENE INTO REGULAR SESSION - The EDC reconvened into Regular Session at 6:52 p.m. President Brown stated to Ms. Patel that the Board appreciated her offer, but a motel doesn’t fit into the 820 Corridor vision. No motion or action was taken on behalf of Agenda Item # 3. Board Member Grow moved, seconded by Board Member Hudson, to approve the EDC Assistance Grant to Waylon Wolfe Jr., and allow for a total of 18 months instead of 12
months for repayment due to the COVID 19 restrictions. An appreciation of Mr. Wolfe’s continuation of business in Haltom City was noted. The vote was unanimous. Motion carried.
President Brown adjourned the meeting at 6:56 p.m. RESPECTFULLY SUBMITTED BY: APPROVED BY:
Art Camacho, City Secretary Ricky Brown, President