2014-09-02
VAN ALSTYNE ECONOMIC DEVELOPMENT CORPORATION
MINUTES – REGULAR MEETING
228 E. Marshall
VAN ALSTYNE, TEXAS
Friday, July 25, 2014
1.Call to Order & Introduction of Guest(s): Called to order at 9:10 a.m.
Present: Art Atteberry; Kaaren Teuber; Timmerle Kelly; Nathan Petri; and Kanita Larkins
Absent: Nick Williams
Guest(s): None.
2.Minutes of Previous Meeting(s): The minutes for the May 23, 2014 Regular Meeting were reviewed by the board members. Nathan Petri made a motion to accept the minutes. Timmerle Kelly seconded the motion. Motion carried.
3.Treasurer’s Report: The financial reports for the month of June 2014 were reviewed by the board members.
4.Consider and take action regarding Budge for 2014-2015: A proposed copy of the upcoming fiscal year (2014/2015) was reviewed and discussed by the board members. The board recessed into closed session at 9:23 a.m. pursuant to Chapter 551, Texas Government Code for deliberation regarding:
a.Section 551.074, Personnel Matters: discuss personnel matters and salary. Out of closed session at 10:12 a.m.
The board members voted 3 for and 1 against for the following personnel matters and salary: annual wages for Kanita Larkins $13,855.00 (VAEDC’s portion) which is a 5% increase from last year; up to $1,100.00 employment development (classes-Economic Development Institute-University of Oklahoma) for Kanita Larkins )-a passing grade is required in order to obtain reimbursement for classes; annual wages for new administrative assistant $2,600.00 (VAEDC’s portion).
Remaining items discussed were as follows: EDC board member training $2,000.00; $500.00 for seminars; Industrial Park maintenance $5,000.00; $750.00 (VAEDC’s portion) to Sales Tax Assurance-a firm that will assist the City in collecting sales tax revenue); TEDC (Texas Economic Development Council) $285.00 membership fees. Nathan Petri made a motion to accept the budget for 2014/2015 as discussed. Timmerle Kelly 2nd the motion. Motion carried. Kanita Larkins was instructed to modify the proposed budget to reflect the board members’ discussions and to report to Treasurer Timmerle Kelly for her review and approval before submitting to City Hall.
5.Comments of President, Mayor and City Manager: None.
6.Adjourn: A motion was made to adjourn by Timmerle Kelly. Nathan Petri seconded the motion. Motion carried. Meeting adjourned at 10:27 a.m. The next regular board meeting is scheduled for Friday, August 22, 2014 at 9:00 a.m.
Minutes respectfully taken by Kanita Larkins 07/25/2014
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