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05.08.03 PEDC MinutesWhapproved Minutes Regular Meeting of the Prosper Economic Development Corporation 111 W. Broadway, (City Hall Annex) Thursday, May 8, 2003 1.Call to Order/Roll Check. Chairman, Jim Herblin called the meeting to order at 7:45p.m. Board members present: Chairman Jim Herblin, Glen Gammons, Dan Tolleson, Russell Kaker and James Campbell. Also present: EDC Executive Director, Doug Mousel and Judy Rucker, EDC Facilitator. Present in audience: Larry Tracy, Michael Elliott ( ReMax), John Harris, (Stratford Group). 2. Approval f consent Agenda. Approved Minutes after question by Jim Herblin pertaining to meeting with Jerry Jones Group. Approved Financial Report Approved Payment to Mesa Design Group Motion by Dan Tolleson and seconded by Russell Kaker to approve the Consent Agenda. Motion carried. Vote 5 to 0. 3. Discussion reUrding the 2rollosed Future Land Use Plan and Thoroughfare Plan. Doug Mousel, PEDC Executive Director led the discussion using the maps (drafts provided by Mesa Design Group. The discussion centered wound the changes made to the original plan that were requested by the City Council Meeting, Tuesday, May 6. The essential points: a. couplet deleted b. TX Dot, and cost of couplet. c. Groups needs terms on map defined (e.g. Special districts, Mixed Use Plan, City Core, Tollway District). d. Realignment of First Street to the South e. School Location Designations need to be reviewed with PISD. f. Extension of the Tollway District from 1461 to US 380. g. MultiFamily -designation of existing zoning. h. Review land use designation in area bordered by the railroad, Tollway, Prosper Trail and First Street. Members are to study the new proposed plan, then get back with Doug. In the mean time, Doug is to contact Mesa and have a conference with Robin and Conrad. Glen Gammons expressed his belief that once all the changes are done on the Master Plan, and before any final recommendation is given to the Council, there should be another Public Meeting of all Prosper Citizens. The EDC Board agreed unanimously. 4. Discussion concerningealfing an election in re Ards to the use of Secti n A and Section B Sales Tax. It was the consensus of the entire EDC Board that the Corporation wants to stay a Section 4 A. It is very important for the organization to be able to provide help to bring in new businesses and retain the ones that are in Prosper. 5. Discussed Economic Development Goals and Strategies. Members are to start listing and thinking about the goals that PEDC wants to accomplish in the near future. Next meeting, June 5, the board, executive director, and facilitator will begin working on a budget to present to the City Council in September. Members were requested by Doug to Est/name any business that they DID NOT WANT to attract to Prosper for retail or commercial. 6. Dis ussion reo rdLuX the eliWbifity of Proper- to conduct qn,election for sales of beer and wine. Doug explained the background of the eligibility laws for election for sales of beer and wine. Prosper is eligible. The members wanted to know: How long, sales tax advantage, annexation, what kind (e.g. on premise consumption; sale in stores; ) about sponsorship, getting signatures and timing.? The consensus of the board was for Doug to explore the possibility of beer and wine sales and come back to the board in June with a recommendation. 7. Adjourn: The mgeting was adiourned at~9.3L&m. Motion made by Dan Tolleson, seconded by James Campbell, Motion carried 5 to 0. Submitted by Judy Rucker, cretary f Prosper EDC �44erblin, Ch. Board — _ d 3 3-6