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03.25.03 PEDC MinutesMinutes of Prosper Economic Development Corporation March 25, 2003 111 W. Broadway (City Hall Annex) Prosper, Texas 75078 Jim Herblin, Chairman, called the meeting to order at 7:00 p.m. All members were present: Glen Gammons, Jim Campbell, Dan Tolleson, Russell Kaker and Judy Rucker, facilitator. Three persons were in the audience: Chuck Winikates, Mary Winikates and Larry Tracey. Dan Tolleson made Motion and Glen Gammons seconded, that Minutes and Financial Report be accepted, Motion passed. (Minutes and Financial Report Attached). Judy Rucker, Facilitator, updated the Board on Prosper's EDC Sales Tax status. The Prosper EDC Corporation only qualifies as a Section 4A Tax Corporation. Ms. Rucker reported that she has conferred with Texas State Comptroller's and Secretary of State's Offices, speaking with Bob Bearden and Cory Jeter, who both issued the same opinion. This means, the EDC is restricted on projects/money that can be used by EDC and the Town of Prosper. Members suggested that the local Corporation contact the State Comptroller's office and request a presentation from a Comptroller representative to meet in a forum with city officials and the EDC board. Jim Herblin presented the Interlocal Agreement with the City of Prosper and Prosper EDC regarding the hiring of a City Planner. Discussion followed. Members expressed their concerns about certain aspects of the contract. Mr.Herblin, "Prosper EDC enter into the contract to pay 1/3 of the planners salary, $12,000, until September 30 made motion., The vote was 3 to approve the motion, (Glen Gammons, Russell Kaker, Jim Campbell) one against. (Dan Tolleson). Motion carried. DanTolleson made the motion, "The monies currently being transferred to the Parks and Recreation cease immediately." Motion was seconded by Jim Campbell. It was further agreed that such transfers not occur again until the Section 4B Status is approved by the State Comptroller's and Secretary of State Offices. The motion carried unanimously. Members expressed their assessment and opinions regarding the Public meeting on Thursday, March 20, 2003 with Prosper Developers Corporation, City Council and Citizens concerning the Comprehensive Master Plan being developed by Mesa Design. Both negative and positive matters were addressed. Jim Herblin stated that he; the mayor, Mr. Starek and TexDot were to meet Wednesday evening to discuss the feasibility of the project as presented to the community. Judy Rucker updated the board on the progress of re -organizing a Prosper Area Chamber of Commerce. It was reported that Prosper already has a Charter and Articles of Incorporation. Judy has been in contact with the Secretary of State's office and Mr. Jay Roberts, State Chamber of Commerce President, addressing the changing of agents for Prosper Area Chamber of Commerce. The next meeting for the Prosper Chamber will be Thursday, April 3, 2003 at 7:30 a.m. (3) Items for the next items were tabled until all members of the board were present. Payment of rent and Utilities for the past year. Setting date and time for next Chamber of Commerce meeting. Using EDC money to help pay for a city planner. Meeting adjourned at 9:00 p.m. Respectfully, Judy Rucker, EDC Facilitator �'�Q�03 e_ 2 y�o3 Minutes of Prosper Economic Development Corporation March 25, 2003 111 W. Broadway (City Hall Annex) Prosper, Texas 75078 Jim Herblin, Chairman, called the meeting to order at 7:00 p.m. All members were present: Glen Gammons, Jim Campbell, Dan Tolleson, Russell Kaker and Judy Rucker, facilitator. Three persons were in the audience: Chuck Winikates, Mary Winikates and Larry Tracey. Dan Tolleson made Motion and Glen Gammons seconded, that Minutes and Financial Report be accepted, Motion passed. (Minutes and Financial Report Attached). Judy Rucker, Facilitator, updated the Board on Prosper's EDC Sales Tax status. The Prosper EDC Corporation only qualifies as a Section 4A Tax Corporation. Ms. Rucker reported that she has conferred with Texas State Comptroller's and Secretary of State's Offices, speaking with Bob Bearden and Cory Jeter, who both issued the same opinion. This means, the EDC is restricted on projects/money that can be used by EDC and the Town of Prosper. Members suggested that the local Corporation contact the State Comptroller's office and request a presentation from a Comptroller representative to meet in a forum with city officials and the EDC board. bC,�VLVC-, e-.h/ Jim Herblin presented the Interlocal Agreement-wi& the City of Prosper and Prosper EDC regarding the hiring of a City Planner. Discussion followed. Members expressed their concerns about certain aspects of the contract. Motion was made by Mr.Herblin that Prosper EDC enter into the contract to pay 113 of the planners salary, $12,000, until September 30, 2003.The motion carried 3 to 1, with Dail Tolleson voting against the motion. Members expressed their assessment and opinions regarding the Public meeting on Thursday, March 20, 2003 with Prosper Developers Corporation, City Council and Citizens concerning the Comprehensive Master Plan being developed by Mesa Design. Both negative and positive matters were addressed. Jim Herblin stated that he; the mayor, Mr. Starek and TexDot were to meet Wednesday evening to discuss the feasibility of the project as presented to the community. Judy Rucker updated the board on the progress of re -organizing a Prosper Area Chamber of Commerce. It was reported that Prosper already has a Charter and Articles of Incorporation. Judy has been in contact with the Secretary of State's office and Mr. Jay Roberts, State Chamber of Commerce President, addressing the changing of agents for Prosper Area Chamber of Commerce. The next meeting for the Prosper Chamber will be Thursday, April 3, 2003 at 7:30 a.m. for a Dutch Treat Breakfast and Mixer at the Cotton Gin Cafe. Flyers have been printed and distributed to businesses in town. Judy Rucker's Report encompassed all the above information. Meeting adjourned at 9:30 p.m. Respectfully, Judy Rucker, facilitator. for a Dutch Treat Breakfast and Mixer at the Cotton Gin Cafe. Flyers have been printed and distributed to businesses in town. Judy Rucker's Report encompassed all the above information. Meeting adjourned at 9:30 p.m. Respectfully, Judy Rucker, facilitator. i AA