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4A Wichita Falls Economic Development Minutes - 06/21/2018MINUTES OF THE WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION June 21, 2018 PRESENT. Dick Bundy, President § WFEDC Members Reno Gustafson, Vice President/Secretary-Treasurer § Leo Lane § Darron Leiker Stephen Santellana, Mayor § Mayor & Council Bobby Whiteley § R. Kinley Hegglund, Jr., City Attorney § Karen Montgomery Gagnd, Planning Administrator § Linda Merrill, Recording Secretary § Henry Florsheim, CEO § CCI Kevin Pearson, V.P., Economic Development § Travis Haggard, V.P., BR&E § Adrene Wike, Research Associate § Brian. Havins, Marketing § Glenn Barham § SMAC ABSENT' David Toogood 1. Call to Order Dick Bundy called the meeting to order at 3:30 p.m. 2. Financial Report Darron Leiker reported that sales tax revenues are 5.3% ahead of this time last year. Leo Lane added that the Supreme Court decided today to require states to collect sales tax on internet sales. Mr. Leiker said it clears the way for states to be able to do that, but this case was specific to South Dakota. Reno Gustafson asked if Mr. Leiker knew the sectors responsible for the percentage increase in sales tax receipts. Mr. Leiker said he did know, but that could not be discussed in open session as that is confidential information from the Comptroller's office. 3. Approval of Minutes (5/17/18) Mr. Leiker moved for approval. Seconded by Leo Lane the motion carried 4-0. 4. SAFB Main Gate Project Update Kinley Hegglund said he and Karen Montgomery -Gagne have been working on this project on the behalf of the WFEDC. Ms. Gagne will discuss in open session the DEEAG process, as the project is being partially paid by a DEEAG grant. He will provide more information in executive session. Ms. Gagne said they are making progress with SAFB and its counterparts in San Antonio. There are some issues with making sure the most up-to-date information is available to go into the state contract with the TMPC. The value of the project has increased to a total of $7 million. That is reflected in the contract that was executed between the City and State in May. The City sent its first progress status report yesterday. The report was brief; it basically noted that negotiations are underway. Mr. Bundy asked Ms. Gagne if there was any idea about the timing of the project at this point. Ms. Gagne said Mr. Hegglund would be able to go more in detail on that. It is taking longer than anticipated to get to this point. The DEEAG funds expire August 31, 2019. Mr. Hegglund said if everything goes smoothly from this point forward, everything should be okay. 5. Executive Session Mr. Bundy adjourned the meeting into executive session at 3:35 p.m. pursuant to Texas Government Code §551.087. He announced the meeting back into regular session at 4:52 p.m. The subjects posted in the Notice of Meeting were deliberated, and no votes or further action was taken on these items in executive session. Henry Florsheim notified the Board that the Chamber submitted its Falls Future campaign in the Best Marking Campaign category at the recent Chamber of Commerce Executive Conference in Grapevine. It had to compete in the large chamber category, but made the finals and was up against Plano and Grapevine. He was happy to report that it won the award. 6. Adjourn Mr. Gustafson moved to adjourn the meeting. Seconded by Mr. Lane, the meeting adjourned at 4:55 p.m. Dic Bundy, President 2