8:00 AM
JULY 2007 EDC SPECIAL MEETING
SPECIAL MEETING OF THE CITY OF RED OAK
ECONOMIC DEVELOPMENT CORPORATION
THURSDAY, JULY 5, 2007 – 5:30 PM
RED OAK CITY HALL
200 LAKEVIEW PARKWAY
RED OAK, TEXAS
MINUTES
-
Call to Order - President Pilarski called the meeting to order at 5:30 p.m.
Board Members Present:
Board Members Absent:
Patrick Pilarski, President
Kris Reeder, Member
Margaret Comer, Vice President
Tim Lightfoot, Member
Bob Eldridge, Member
Staff Present:
Jack Edwards, Member
Todd Fuller, Interim City Manager
- NEW BUSINESS
A. Consideration of approving the minutes of the June 12, 2007, Special Meeting of the Red Oak Economic Development Corporation.
Member Eldridge made the motion, seconded by Member Edwards to accept the minutes as read. The motion was unanimous.
B. Consideration of authorizing bank signatories for the Red Oak Economic Development Corporation.
Vice President Comer made the motion, seconded by Member Edwards to authorize the bank signatories for the Red Oak Economic Development Corporation by name. The names authorized to sign would be Patrick Pilarski, Judy Grant, Todd Fuller and Margaret Comer. Vice President Comer made an amended motion, seconded by Member Eldridge to authorize the bank signatories for the Red Oak Economic Development Corporation to be by title (instead of by name). The titles authorized to add as bank signatories are President of Red Oak Economic Development Corporation, City Secretary, City Manager and Vice President of the Red Oak Economic Development Corporation. The amended motion was unanimous.
C. Consideration of approving an Economic Development Agreement with Anthony Properties for relocation of the southbound I-35 exit ramp for Ovilla Rd.
Member Edwards made the motion, seconded by Vice President Comer to approve an Economic Development Agreement with Anthony Properties for relocation of the southbound I-35 exit ramp for Ovilla Rd. with a cap amount of $20,254.70. The motion was unanimous.
III. STAFF COMMENTS AND REPORTS
A. Todd Fuller, Interim City Manager - Update on changes in City Staff.
IV. ADJOURNMENT
Vice President Comer made the motion to adjourn the meeting at 5:50 p.m. The motion was unanimous.
Submitted by: __________________________
Patrick Pilarski, President
Attested:
Dana Argumaniz, Economic Development
Administrative Assistant
SPECIAL MEETING OF THE CITY OF RED OAK
ECONOMIC DEVELOPMENT CORPORATION
THURSDAY, JULY 5, 2007 – 5:30 PM
RED OAK CITY HALL
200 LAKEVIEW PARKWAY
RED OAK, TEXAS
MINUTES
-
Call to Order - President Pilarski called the meeting to order at 5:30 p.m.
| Board Members Present: | Board Members Absent: |
| Patrick Pilarski, President | Kris Reeder, Member |
| Margaret Comer, Vice President | Tim Lightfoot, Member |
| Bob Eldridge, Member | Staff Present: |
| Jack Edwards, Member | Todd Fuller, Interim City Manager |
- NEW BUSINESS
A. Consideration of approving the minutes of the June 12, 2007, Special Meeting of the Red Oak Economic Development Corporation.
Member Eldridge made the motion, seconded by Member Edwards to accept the minutes as read. The motion was unanimous.
B. Consideration of authorizing bank signatories for the Red Oak Economic Development Corporation.
Vice President Comer made the motion, seconded by Member Edwards to authorize the bank signatories for the Red Oak Economic Development Corporation by name. The names authorized to sign would be Patrick Pilarski, Judy Grant, Todd Fuller and Margaret Comer. Vice President Comer made an amended motion, seconded by Member Eldridge to authorize the bank signatories for the Red Oak Economic Development Corporation to be by title (instead of by name). The titles authorized to add as bank signatories are President of Red Oak Economic Development Corporation, City Secretary, City Manager and Vice President of the Red Oak Economic Development Corporation. The amended motion was unanimous.
C. Consideration of approving an Economic Development Agreement with Anthony Properties for relocation of the southbound I-35 exit ramp for Ovilla Rd.
Member Edwards made the motion, seconded by Vice President Comer to approve an Economic Development Agreement with Anthony Properties for relocation of the southbound I-35 exit ramp for Ovilla Rd. with a cap amount of $20,254.70. The motion was unanimous.
III. STAFF COMMENTS AND REPORTS
A. Todd Fuller, Interim City Manager - Update on changes in City Staff.
IV. ADJOURNMENT
Vice President Comer made the motion to adjourn the meeting at 5:50 p.m. The motion was unanimous.
Submitted by: __________________________
Patrick Pilarski, President
Attested:
Dana Argumaniz, Economic Development
Administrative Assistant
