4A Wichita Falls Economic Development Minutes - 06/30/2020MINUTES OF THE
WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION
PRESENT:
Leo Lane, President
David Toogood, Vice -President
Reno Gustafson, Secretary -Treasurer
Phyllis Cowling
Darron Leiker
Stephen Santellana, Mayor
Bobby Whiteley, Councilor at Large
Paul Menzies, Assistant City Manager
R. Kinley Hegglund, City Attorney
Marie Balthrop, Recording Secretary
Henry Florsheim, CEO
David Leezer, V.P, Business Attraction
Travis Haggard, V.P., BR&E
Karen Bivona, Office Manager
1. Call to Order
June 30, 2020
i
WFEDC Members
Mayor and Council
City Administration
CCI
Leo Lane called the meeting to order at 3:00 p.m.
2. Discussion and possible action related to Clayton Homes recruitment project.
Ms Cowling moved to lower the building's purchase price by $100.000 to an even $1 million
to offset costs incurred by Clayton Homes to secure insurance regarding environmental
questions on the adioining property. Motion seconded b� Mr. Toogood.
Clayton Homes was spending $100,000 on environmental insurance and asked for the
corresponding price reduction due to this unexpected expenditure. Mr. Lane was told by
representatives of Clayton Homes that this policy would not have been needed but for the fact
that Braun Intertec had mistakenly drilled wells on an adjoining parcel of land which resulted in
additional environmental uncertainty.
Motion carried unanimously.
3. Executive Sessions:
Mr. Lane adjourned the meeting into executive session at 3:30 p.m. pursuant to Texas
Government Code §§551.072 and 551.087. He announced the meeting back into regular session
at 3:47 p.m. The subjects posted in the Notice of Meeting were deliberated, and no votes or further
action was taken on the items in executive session.
4. Adjourn:
The meeting adjourned at 3:51 p.m.
Leo Lane, President