7:00 PM
JULY 2006 IDC REGULAR MEETING
NOTICE OF REGULAR MEETING
RED OAK INDUSTRIAL DEVELOPMENT CORPORATION
Notice is hereby given that the Regular Meeting of the Red Oak Industrial Development Corporation will be held on Monday, July 24, 2006 at 6:30 p.m. in the Council Chambers of the Red Oak Municipal Center, 200 Lakeview Parkway, Red Oak, Texas, at which time the following will be discussed and considered to wit:
President:
Vice President:
Jim Robnett
Ron Wilson
Secretary:
Treasurer:
Brian Smart
Clint Byers
Member:
Director of Economic Development
Chandra Patton
Todd Fuller
- CALL TO ORDER
- NEW BUSINESS
- Consideration of approving the minutes of the June 26, 2006 Regular Meeting of the Red Oak Industrial Development Corporation.
- Consideration of approving the absence of Vice President Wilson and Secretary Smart for the June 26, 2006 Regular Meeting of the Red Oak Industrial Development Corporation.
- Consideration of approving a land sale of approximately 2.115 acres in the Red Oak Industrial Park to Stanley Restoration for the relocation of their headquarters, at a price of $40,000 per acre.
- Consideration of approving a vehicle trade-in and purchase of a new vehicle by the Red Oak Industrial Development Corporation.
- Consideration of approving an amendment to the Fiscal Year 2006 Budget of the Red Oak Industrial Development Corporation by transferring $16,000 from Incentive Development to Capital Expenditures Vehicles.
- Discussion concerning the preliminary Fiscal Year 2007 Budget of the Red Oak Industrial Development Corporation.
III. EXECUTIVE SESSION
Pursuant to Section §551.072 of the Texas Government Code (the “Act”), the Board reserves the right to convene in Executive Session(s), from time to time as deemed necessary during this meeting for any posted agenda item, to discuss the value of land as permitted by law.
Pursuant to Section §551.087 of the Texas Government Code (the “Act”), the Board reserves the right to convene in Executive Session(s), from time to time as deemed necessary during this meeting for any posted agenda item, to discuss the offer of financial incentives to business propects as permitted by law.
In addition, the City Council will convene in Executive Session under Sections §551.072 and §551.087 of the Act for the following:
A. Consideration of approving a land sale of approximately 2.115 acres in the Red Oak Industrial Park to Stanley Restoration for the relocation of their headquarters, at a price of $40,000 per acre.
IV. STAFF COMMENTS AND REPORTS
A. Todd Fuller, Director of Economic Development – Update on Trans Texas Corridor, UDC revision, planning and projects.
V. ADJOURNMENT
Posted in accordance with the Texas Government Code, Chapter 551 on the _____ day of July, 2006 at .
Attested:
Dana Argumaniz, Economic Development
Administrative Assistant
Accessibility Statement
The City Hall is wheelchair accessible. The entry ramp is located in front of the building. Accessible parking spaces are also available in that area. If you have a disability and need more information, please call (972) 617-3638.
NOTICE OF REGULAR MEETING
RED OAK INDUSTRIAL DEVELOPMENT CORPORATION
Notice is hereby given that the Regular Meeting of the Red Oak Industrial Development Corporation will be held on Monday, July 24, 2006 at 6:30 p.m. in the Council Chambers of the Red Oak Municipal Center, 200 Lakeview Parkway, Red Oak, Texas, at which time the following will be discussed and considered to wit:
| President: | Vice President: |
| Jim Robnett | Ron Wilson |
| Secretary: | Treasurer: |
| Brian Smart | Clint Byers |
| Member: | Director of Economic Development |
| Chandra Patton | Todd Fuller |
- CALL TO ORDER
- NEW BUSINESS
- Consideration of approving the minutes of the June 26, 2006 Regular Meeting of the Red Oak Industrial Development Corporation.
- Consideration of approving the absence of Vice President Wilson and Secretary Smart for the June 26, 2006 Regular Meeting of the Red Oak Industrial Development Corporation.
- Consideration of approving a land sale of approximately 2.115 acres in the Red Oak Industrial Park to Stanley Restoration for the relocation of their headquarters, at a price of $40,000 per acre.
- Consideration of approving a vehicle trade-in and purchase of a new vehicle by the Red Oak Industrial Development Corporation.
- Consideration of approving an amendment to the Fiscal Year 2006 Budget of the Red Oak Industrial Development Corporation by transferring $16,000 from Incentive Development to Capital Expenditures Vehicles.
- Discussion concerning the preliminary Fiscal Year 2007 Budget of the Red Oak Industrial Development Corporation.
III. EXECUTIVE SESSION
Pursuant to Section §551.072 of the Texas Government Code (the “Act”), the Board reserves the right to convene in Executive Session(s), from time to time as deemed necessary during this meeting for any posted agenda item, to discuss the value of land as permitted by law.
Pursuant to Section §551.087 of the Texas Government Code (the “Act”), the Board reserves the right to convene in Executive Session(s), from time to time as deemed necessary during this meeting for any posted agenda item, to discuss the offer of financial incentives to business propects as permitted by law.
In addition, the City Council will convene in Executive Session under Sections §551.072 and §551.087 of the Act for the following:
A. Consideration of approving a land sale of approximately 2.115 acres in the Red Oak Industrial Park to Stanley Restoration for the relocation of their headquarters, at a price of $40,000 per acre.
IV. STAFF COMMENTS AND REPORTS
A. Todd Fuller, Director of Economic Development – Update on Trans Texas Corridor, UDC revision, planning and projects.
V. ADJOURNMENT
Posted in accordance with the Texas Government Code, Chapter 551 on the _____ day of July, 2006 at .
Attested:
Dana Argumaniz, Economic Development
Administrative Assistant
Accessibility Statement
The City Hall is wheelchair accessible. The entry ramp is located in front of the building. Accessible parking spaces are also available in that area. If you have a disability and need more information, please call (972) 617-3638.
