4A Wichita Falls Economic Development Minutes - 02/11/2010l
MINUTES OF THE
WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION
February 11, 2010
PRESENT:
Gary Shores, President
§ Members
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Dick Bundy
§
Lanham Lyne
§
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Gary McLendon
§
Dave Lilley
§
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Darron Leiker, City Manager
§ City Staff
Miles Risley, City Attorney
§
Jim Dockery, CFO /Assistant City Manager
§
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Kevin Hugman, Assistant City Manager
§
Linda Merrill, Recording Secretary
§
Tim Chase, President
§ Chamber of Commerce & Industry
Kevin Pearson, Vice President
§
1. CALL TO ORDER
President Gary Shores called the meeting to order at 4:00 p.m.
2. APPROVAL OF MINUTES FROM PRIOR MEETINGS
Dick Bundy moved, seconded by Gary McLendon, that the minutes from the meetings of
December 28, 2009, and January 19, 2010, be approved. The motion unanimously carried.
3. EXECUTIVE SESSIONS'
Executive Session in accordance with Texas Government Code §551.071, consultation with attorney on matter involving pending or
contemplated litigation or other matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas clearly conflicts with the Texas Open Meetings Act (including, but not limited to, legal
issues related to proposed incentives for aircraft research, development, and manufacturing, telephone call centers, air conditioner
manufacturing, bedding manufacturer project, solar panel manufacturing project, coating manufacturing & distribution project, and other
entities named in this agenda for creation and retention of primary jobs (as defined by Tex. Local Gov't Code §501.002)).
Executive Session in accordance with Texas Government Code §551.072, to deliberate the purchase, exchange, lease, or value of real
property interests due to the fact that deliberation in an open meeting would have a detrimental effect on the position of the City in
negotiations with a third party (including, but not limited to, the purchase and /or value of various real property interests to be used for
incentive agreements with aircraft research, development, and manufacturing, telephone call centers, air conditioner manufacturing, bedding
manufacturer project, solar panel manufacturing project, coating manufacturing & distribution project, and projects with other entities
named in this agenda for creation and retention of primary jobs (as defined by Tex. Local Gov't Code §501.002)).
Executive Session in accordance with Texas Government Code §551.087, to discuss or deliberate the offer of a financial or other incentive
to a business prospect that the WFEDC seeks to have, locate, stay, or expand in or near the territory of the City of Wichita Falls and with
which the WFEDC is conducting economic development negotiations (including, but not limited to, aircraft research, development, and
manufacturing, telephone call centers, air conditioner manufacturing, bedding manufacturer project, solar panel manufacturing project,
coating manufacturing & distribution project, and projects with other entities named in this agenda for creation and retention of primary jobs
(as defined by Tex. Local Gov't Code §501.002)).
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President Shores adjourned the meeting into executive session at 4:04 p.m. pursuant to
TEXAS GOVERNMENT CODE § §551.071, 551.072, and 551.087. He announced the meeting back
into regular session at 5:20 p.m. He noted that the subjects described in Footnote 1 were
deliberated, and no action was taken on these subjects in executive session.
4. CARTER COPTER INCENTIVE PROJECT
No action was taken regarding this item.
5. WDSGLOBAL CALL CENTER PROJECT
Lanham Lyne moved seconded by Mr. Bundy, that the Performance Agreement be
signed. The motion unanimously carried.
6. OTHER BUSINESS
The next meeting was set for Monday, February 22 at 4:00 p.m.
Discussion was had concerning the 4A budget's sales tax projection. President Shores
noted that this projection had been reduced at a previous meeting to $3 Million.
Tim Chase asked the 4A Board's bonding limitations. Mr. Dockery replied that the City
would issue bonds on behalf of the 4A Board.
The members discussed the opportunity to close a railroad crossing in return for opening
a crossing at another location.
7. ADJOURN
The meeting adjourned at 5:32 p.m.
G Shores, President
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