2014-10-22
VAN ALSTYNE ECONOMIC DEVELOPMENT CORPORATION
MINUTES – REGULAR MEETING
228 E. Marshall
VAN ALSTYNE, TEXAS
Friday, August 22, 2014
1.Call to Order & Introduction of Guest(s): Called to order at 9:11 a.m.
Present: Arthur Atteberry; Kaaren Teuber; Timmerle Kelly; and Kanita Larkins
Absent: Nathan Petri; Nick Williams
Guest(s): Roger Feagley, Executive Director-Sulphur Springs Economic Development Corporation
2.Presentation by Roger Feagley, Executive Director for Sulphur Springs EDC: Roger Feagley, who has been assigned by the TEDC (Texas Economic Development Council) to mentor administrative coordinator, Kanita Larkins, spoke to the board members. Sulphur Springs has a population of 15,000 and their EDC has approximately 20 businesses in its industrial park. Mr. Feagley cautioned the board members regarding incentives. He encouraged the Van Alstyne EDC to be in the “investing” business, not “give-away” business. He recommended that if Van Alstyne EDC was planning to expand its industrial park that the board members take a look at what Kilgore EDC is doing as their industrial tax value has grown faster than any other category of property.
3.Minutes of Previous Meeting(s): The minutes for the June 27, 2014 and July 25 2014 Regular Meetings and the minutes for the July 18, 2014 Special Called Meeting were reviewed by the board members. Timmerle Kelly made a motion to accept the minutes. Arthur Atteberry seconded the motion. Motion carried.
4.Treasurer’s Report: The financial reports for the month of July 2014 were reviewed by the board members. Arthur Atteberry made a motion to accept the treasurer’s report. Kaaren Teuber seconded the motion. Motion carried.
5.Update regarding maintenance and future plans for Industrial Park: President Arthur Atteberry inquired regarding status of signs that are to go on the vacant land lots. Kanita Larkins reports that she has received bids from two printing companies out of Sherman, and is waiting on a bid from a printing company in Anna.
6.Update on Palladium and Retire in Texas: Board member Kaaren Teuber asked if any news had been received regarding Palladium. Kanita Larkins states that she is unaware of any recent news. She also reports that there is not any new activity with Retire in Texas.
7.Consider and take action as concerns interviewing/hiring part-time Administrative Assistant: Kanita Larkins informed the board members that in the past, a committee consisting of a board member from the Van Alstyne Community Development Corporation and the Van Alstyne Economic Development Corporation were involved in the interviewing process of hiring employees. Arthur Atteberry instructed her to let him know when she had made a possible selection and he would provide a second interview and provide her with an opinion.
8.Upcoming Training & Seminars: Kanita Larkins reminded board members Kaaren Teuber and Timmerle Kelly of the Texas Women in Economic Development Conference. She will provide them with the registration and agenda information.
9.Report by Timmerle Kelly regarding EDC finance course: Timmerle Kelly reported to the board that she attended a five-day finance course in Dallas that was geared for economic development corporations. She was provided with helpful information on performing financial analysis of potential new businesses or existing businesses that are applying for a small business loans from the RLF (revolving loan funds) or seeking incentives.
10.Update on SWOT Analysis Workshop: Arthur Atteberry reports on August 1st he met with several community representatives to include: Dr. Spies/Superintendent-Van Alstyne ISD; Beau Williams/GCEC Telecom; City Manager Frank Baker; and William Pacheco/Vice-President-Van Alstyne Chamber of Commerce. It was a successful workshop and everyone was forthcoming with their ideas and thoughts. A lot was covered in the workshop, but another workshop will be schedule as all the topics were not covered. Kanita Larkins will contact the parties to set up another session.
11.Comments of President, Mayor and City Manager: President Arthur Atteberry thanked guest speaker Roger Feagley for speaking to the board as well as providing his assistance and support to Kanita Larkins in her training.
12.Adjourn: A motion was made to adjourn by Timmerle Kelly. Arthur Atteberry seconded the motion. Motion carried. Meeting adjourned at 10:43 a.m. The next regular board meeting is scheduled for Friday, September 26, 2014 at 9:00 a.m.
Minutes respectfully taken by Kanita Larkins 08/22/2014
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