4A Wichita Falls Economic Development Minutes - 07/11/2014t '
MINUTES OF THE
WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION
July 11, 2014
PRESENT:
Gary Shores, President
Dick Bundy, Vice President/Sec.- Treasurer
Dacron Leiker
Dave Lilley
Kevin Hugman, Assistant City Manager
Jim Dockery, Asst. City Manager /CFO
Miles Risley, City Attorney
Linda Merrill, Recording Secretary
Michael Paris, Workforce Development
Leo Lane
Billie Jo Pugliesi, Asst, Operations Manager
ABSENT:
Reno Gustafson
I. CALL TO ORDER
Members
City Staff
Chamber of Commerce and Industry
Board member appointee
§ Hunting Titan
Member
President Gary Shores called the meeting to order at 8:00 a.m.
2. APPROVAL OF MINUTES (JUNE 17, 2014)
Dick Bundy moved for approval. Seconded by Darron Leiker, the motion carried.
3. HUNTING TITAN RECRUITMENT PROJECT
Michael Paris said Hunting Titan had been provided with an economic development
incentive package including $185,000 for recruitment costs. The company has considered
moving to other areas in North Texas, so this package would help retain current employees and
recruit new ones. He introduced Billie Pugliesi, Assistant Operations Manager for the company,
Ms. Pugliesi said the company currently has 31 employees, and 20 open positions. They
began in a building with 745 square feet of production space, making 3,000 to 5,000 parts per
week. In 2010, the company moved into a building with 2,500 square feet of production space,
and now manufacture between 7,000 to 10,000 parts per day. They have back orders totaling
$304,000. Its customers include Schlumberger, Halliburton, and Baker Atlas.
The company needs a larger facility, and has considered options in Vernon, Electra, Iowa
Park, the Wichita Falls Business Park, and land across from their current location on Highway
281 S.
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WFEDC — Minutes of June 17, 2014 2
Mr. Leiker asked if they would consent to annexation if the company moved across the
highway. Russell Schreiber said his staff has met with Joel Sansing, the company's manager, and
he would consent to annexation. He would have to pay to attach to the city's utilities, to which he
is agreeable.
Mr. Shores thanked Ms. Pugliesi for her presentation., and congratulated her on the
success of their company.
4. ACTIONS /DISCUSSION — BUYDENTAL /707 NORTH SCOTT /DENTAL PLANET
Mr. Paris said Kevin Pearson had provided Buydental with a long-term strategy to
consider regarding pay back and creation of jobs. He wondered if there may be a difference of
opinion as to the recommendations. Mr. Shores said they are waiting on a response from
Buydental, and would address any differences when such a response is received.
5. EXECUTIVE SESSION
Mr. Shores adjourned the meeting into executive session at 8:17 a.m. pursuant to TEXAS
GOVERNMENT CODE § §551.071, 551.072, and 551.087. He closed the executive session and
announced the meeting back into regular session at 8:45 a.m.
Mr. Bundy moved for approval of the economic development incentive package for
Hunting Titan. Seconded by Mr. Leiker, the motion unanimously carried.
Mr. Leiker expressed his appreciation to Gary Shores for his service on the WFEDC
since its inception in 1997. Mr. Shores said he enjoyed working with everyone on the board. He
is in favor and appreciative of what the WFEDC does for the community.
7. ADJOURN
The meeting was adjourned at 8:50 a.m.
Dick Bundy
Vice - President /Secretary Treasurer
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