EDC Agenda 12-12-19
BOARD OF DIRECTORS MEETING AGENDA
TYPE A COLEMAN ECONOMIC DEVELOPMENT CORPORATION
AND
TYPE B COLEMAN COMMUNITY COALITION
Regular Meeting Agenda
The Board of Directors of the Type A Coleman Economic Development Corporation (“CEDC”) and the Type B Coleman Community Coalition (“CCC”) will meet in joint session on Thursday, December 12, 2019 at 6:00p.m. in the Council Chambers of City Hall, 200 West Liveoak, Coleman, Texas. All items on the agenda are for possible discussion and action. The Board may vote and/or act upon each of the items listed on this Agenda. One agenda item will be discussed at a time, in the order determined by the Presiding Officer, unless logic and practical considerations allow similar topics to be considered together for purposes of convenience and efficiency.
The CEDC and CCC Boards reserve the right to retire into closed, executive session on any of the items listed below should the need arise and if authorized by Title 5, Chapter 551, of the Texas Government Code, including but not limited to: Government Code Sections 551.071-Consultation with Attorney; 551.072-Deliberations about Real Property; 551.074-Personnel Matters; 551.087-Economic Development.
1. Call to Order, Invocation and Pledge of Allegiance
2. Hearing of Visitors
Any citizen who desires to address the Board on a matter not included on the agenda may do so at this time. The Board may not deliberate on items presented under this agenda item. Presentations are subject to three (3) minutes for items no on the agenda. If you wish to speak to an item on the agenda, you will be allowed to speak when the Board addresses the item. There is a (3) minute time limit for items on the agenda. The presiding officer (with the consent of a majority of the Board) may grant additional time. To comply with the provisions of the Open Meetings Act, the Board respectfully requests that prior to addressing the Board, that each person submit a Speaker Request Form stating your name, address, and topic of presentation. The form is located at the entryway to Council Chambers.
3. Approval of Minutes
A. CEDC and CCC joint board meeting held on November 14, 2019.
4. Financial Reports
A. Review CEDC and CCC Financial reports by Sandra Rose, CPA
5. Public Hearing:
To discuss a loan to be made both equally by the CEDC and CCC to Robert and Laurie Williamson in the amount of $140,000.00 with $80,000 of the loan being subject to forgiveness if certain employment levels are maintained over a 5 year period and $60,000 being paid back at zero percent interest over 7 years.
Close Public Hearing
6. To discuss and take possible action on adopting a resolution to fund a project for Black Cur Steakhouse/Robert & Laurie Williamson in the amount of $70,000.00 each from the CEDC and CCC with $80,000 of the loan being subject to forgiveness if certain employment levels are maintained over a 5 year period and $60,000 being paid back at zero percent interest over 7 years. Pending City Council approval on the 19th.
7. To discuss and take possible action on a request from Ross Jones for financial assistance to help repair a sign located in the City Park and to remove some trees on property owned by Fern Jones.
8. To discuss and take possible action on approving up to $4,000.00 for 18 new concrete tee boxes to be built at Milton Autry Memory Lake.
9. To discuss and take possible action on adopting a new logo for the Type A CEDC and Type B CCC.
10. To discuss and take possible action on forgiveness/enforcement of active agreements for Type A CEDC and Type B CCC projects with renewals/expirations in 2019.
11. Directors Report-Project Update, VISTA Update, Grants, Full Strut and Billboards.
12. Adjournment
Submitted by:
________________________________
Kim Little,
Director of Economic Development
Certification
I certify that the above notice of meeting was posted at City Hall, 200 W. Liveoak, Coleman, Texas, and on the City of Coleman and the Coleman EDC internet websites on Monday, December 9, 2019 at 5:00p.m. and remained so posted continuously for at least seventy-two (72) hours preceding the scheduled time of said meeting. I further certify that the media was properly notified. A list of those notified will be available upon request.
________________________________
James King, Assistant City Secretary
Special Accommodations
The City of Coleman is committed to compliance with the Americans with Disabilities Act (ADA). Reasonable accommodations and equal access to communications will be provided to those who provide notice to the City Secretary by calling 325-625-4116 or by going by 200 W. Liveoak, Coleman, Texas during normal business hours at least (48) forty-eight hours in advance of the scheduled meeting.