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4A Wichita Falls Economic Development Minutes - 12/20/2018LU_iu __ I r:1 WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION December 20, 2018 PRESENT: Leo Lane, President § WFEDC Members Reno Gustafson, Secretary -Treasurer § Darron Leiker § Dave Lilley § Stephen Santellana, Mayor § Bobby Whiteley, Councilor at Large § Mayor & Council R. Kinley Hegglund, Jr., City Attorney § Jim Dockery, Deputy City Manager § Administration Paul Menzies, Assistant City Manager § Linda Merrill, Recording Secretary § Henry Florsheim, CEO § CCI Kevin Pearson, V.P., Economic Development § Travis Haggard, V.P., Business Retention & Expansion § Katie Britt, Marketing Director § Adrine Wike, Research Associate § Sarah Harpole, Administrative Assistant § Scott Poenitzsch § DWFD ABSENT: David Toogood, Vice -President § WFEDC Member 1. Call to Order Leo Lane called the meeting to order at 3:30 p.m. 2. Financial Report Jim Dockery noted that only one month of sales tax receipts has been received for this fiscal year (for October sales). The receipts were 13.7% above the same time period for 2017. A detailed analysis will be forthcoming from the comptroller, breaking down this increase by trade. The Board has $5.7 million of unreserved fund balance to be appropriated for projects. 3. Approval of Minutes (11/15/18) Darron Leiker moved for approval. Seconded by Dave Lilley, the motion carried 4-0. 4. Discussion/possible approval of changes to the Arconic Railroad Crossing project. Kevin Pearson reminded the Board that it approved $50,000 in September for improvements to the railroad crossing leading to the Arconic and Vitro industries. Arconic was to be the conduit for these funds to pay the railroad for the necessary materials. However, the 1 attorneys for Arconic did not want to execute the performance agreement, feeling the project did not warrant the potential liability of involvement without ownership of the land. Steve Sage of Arconic again contacted Mr. Pearson in December, hoping for another avenue to get this project accomplished. Kinley Hegglund and Jim Dockery both felt the funds could be paid directly to the railroad, Wichita, Tillman, & Jackson Railway Company (WTJR). Mr. Hegglund said it would be most appropriate to amend the previous motion, replacing Arconic with WTJR. This would have to go back to the City Council, and WTJR would have to execute a performance agreement. Mr. Pearson said they were agreeable to that, but asked that it be kept very short. 5. Discussion/possible action regarding funding for ATCO roof repair/replacement. Travis Haggard said he and Mr. Lane met at ATCO to discuss the condition of the structure. There are concerns about leaks from the roof onto the main power source to the building. There is also evidence of rat droppings; Shoop's has provided an estimate of $600 to set out traps and $175 per month for maintenance. Mr. Lane said it is necessary to take care of this structure, but he feels it would be prudent to wait for TCEQ clearance before making any major decisions. Mr. Pearson said Lydick Roofing had previously attempted to patch the seam between the office and the plant, but the patch is not holding. He is concerned about the danger of fire and urges some minimum safety precautions be taken. Mr. Lane said this could be discussed further in executive session. 6. Executive Session Mr. Lane adjourned the meeting into executive session at 3:43 p.m. pursuant to Texas Government Code §§551.072 and 551.087. He announced the meeting back into regular session at 4:23 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. 7. Motions Item 4. Arconic Railroad Crossing project. Mr. Leiker moved to amend the Board's motion of September 20, 2018, to authorize a grant of up to $50,000 for materials to the Wichita, Tillman & Jackson Railway Company, rather than to Arconic, for the railroad crossing upgrade at Arconic for the creation and/or retention of primary jobs. Seconded by Reno Gustafson, the motion carried 4-0. Item 5. ATCO roof repair and/or replacement The Board decided this could be done with maintenance dollars and there is no need for a motion. 8. Adjourn The meeting adjourned at 4:25 p.m. Leo Lane, President 2