7:00 PM
APRIL 2007 IDC SPECIAL MEEETING
SPECIAL MEETING OF THE CITY OF RED OAK
INDUSTRIAL DEVELOPMENT CORPORATION
MONDAY, APRIL 16, 2007 – 6:30 PM
RED OAK CITY HALL
200 LAKEVIEW PARKWAY
RED OAK, TEXAS
MINUTES
-
Call To Order - President Robnett called the meeting to order at 6:32 p.m.
Board Members Present:
Board Members Absent:
Jim Robnett, President
Clint Byers, Treasurer
Ron Wilson, Vice President
Brian Smart, Secretary
Chandra Patton, Member
Staff Present: Todd Fuller, Director of Economic Development
II. NEW BUSINESS
A. Consideration of approving the minutes of the February 26, 2007 Regular Meeting of the Red Oak Industrial Development Corporation.
Member Patton made the motion, seconded by Secretary Smart to accept the minutes as read. The motion was unanimous.
B. Consideration of excusing the absence of Brian Smart from the February 26, 2007 Regular Meeting of the Red Oak Industrial Development Corporation.
Member Patton made the motion, seconded by President Robnett to excuse the absence of Brian Smart from the February 26, 2007 Regular Meeting of the Red Oak Industrial Development Corporation. The motion was unanimous.
C. Discussionon with Duke Realty concerning a possible land sale contract in the Red Oak Industrial Park.
The Board convened into Executive Session for discussion with Duke Realty concerning a possible land sale contract in the Red Oak Industrial Park. Board discussed favorably with Duke Realty a possible land sale contract in the Red Oak Industrial Park. Duke stated they would take sixty (60) days for due diligence and then return to discuss a one (1) year contract. No action taken by the Board.
D. Discussion concerning a possible access easement through property owned by the Red Oak Industrial Development Corporation in downtown Red Oak.
The Board convened into Executive Session for discussion concerning a possible access easement through property owned by the Red Oak Industrial Development Corporation in downtown Red Oak. A representative from Whataburger (Barrand, Inc.) was present discussing rear access. The Board discussed favorably an access easement through the property. The Board requested Whataburger to return with easement documents prepared for consideration. No action taken.
Board convened into Executive Session at 7:10 p.m. Vice President Ron Wilson arrived at this time.
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.
In addition, the Board will convene in Executive Session under Section §551.072 of the Act for the following:
A. Discussion with Duke Realty concerning a possible land sale contract in the Red Oak Industrial Park.
B. Discussion concerning a possible access easement through property owned by the Red Oak Industrial Development Corporation in downtown Red Oak.
President Robnett reconvened the Board into Open Session at 7:43 p.m.
IV. STAFF COMMENTS AND REPORTS
A. Todd Fuller, Director of Economic Development – Update on frontage property in the Red Oak Industrial Park, I-35 frontage property, Ovilla Road Plaza Shopping Center, Century Tape & Label, and Salmon Creek Grill & Bar.
V. ADJOURNMENT
Secretary Smart made the motion, seconded by Vice President Wilson to adjourn the meeting at 8:14 p.m. The motion was unanimous.
Submitted by: ________________________
Jim Robnett, President
Attested: _______________________________
Brian Smart, Secretary
SPECIAL MEETING OF THE CITY OF RED OAK
INDUSTRIAL DEVELOPMENT CORPORATION
MONDAY, APRIL 16, 2007 – 6:30 PM
RED OAK CITY HALL
200 LAKEVIEW PARKWAY
RED OAK, TEXAS
MINUTES
-
Call To Order - President Robnett called the meeting to order at 6:32 p.m.
| Board Members Present: | Board Members Absent: |
|
Jim Robnett, President |
Clint Byers, Treasurer |
|
Ron Wilson, Vice President |
|
|
Brian Smart, Secretary |
|
|
Chandra Patton, Member |
|
| Staff Present: Todd Fuller, Director of Economic Development | |
II. NEW BUSINESS
A. Consideration of approving the minutes of the February 26, 2007 Regular Meeting of the Red Oak Industrial Development Corporation.
Member Patton made the motion, seconded by Secretary Smart to accept the minutes as read. The motion was unanimous.
B. Consideration of excusing the absence of Brian Smart from the February 26, 2007 Regular Meeting of the Red Oak Industrial Development Corporation.
Member Patton made the motion, seconded by President Robnett to excuse the absence of Brian Smart from the February 26, 2007 Regular Meeting of the Red Oak Industrial Development Corporation. The motion was unanimous.
C. Discussionon with Duke Realty concerning a possible land sale contract in the Red Oak Industrial Park.
The Board convened into Executive Session for discussion with Duke Realty concerning a possible land sale contract in the Red Oak Industrial Park. Board discussed favorably with Duke Realty a possible land sale contract in the Red Oak Industrial Park. Duke stated they would take sixty (60) days for due diligence and then return to discuss a one (1) year contract. No action taken by the Board.
D. Discussion concerning a possible access easement through property owned by the Red Oak Industrial Development Corporation in downtown Red Oak.
The Board convened into Executive Session for discussion concerning a possible access easement through property owned by the Red Oak Industrial Development Corporation in downtown Red Oak. A representative from Whataburger (Barrand, Inc.) was present discussing rear access. The Board discussed favorably an access easement through the property. The Board requested Whataburger to return with easement documents prepared for consideration. No action taken.
Board convened into Executive Session at 7:10 p.m. Vice President Ron Wilson arrived at this time.
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.
In addition, the Board will convene in Executive Session under Section §551.072 of the Act for the following:
A. Discussion with Duke Realty concerning a possible land sale contract in the Red Oak Industrial Park.
B. Discussion concerning a possible access easement through property owned by the Red Oak Industrial Development Corporation in downtown Red Oak.
President Robnett reconvened the Board into Open Session at 7:43 p.m.
IV. STAFF COMMENTS AND REPORTS
A. Todd Fuller, Director of Economic Development – Update on frontage property in the Red Oak Industrial Park, I-35 frontage property, Ovilla Road Plaza Shopping Center, Century Tape & Label, and Salmon Creek Grill & Bar.
V. ADJOURNMENT
Secretary Smart made the motion, seconded by Vice President Wilson to adjourn the meeting at 8:14 p.m. The motion was unanimous.
Submitted by: ________________________
Jim Robnett, President
Attested: _______________________________
Brian Smart, Secretary
