03.03.04 PEDC MinutesTown of ,gasper
Economic Development Corporation
Minutes (unapproved)
Regular Meeting of Prosper Economic Development Corporation
113 W. Broadway Street
City Hall Annex
Wednesday, March 3, 2004, 7:00 p.m.
1. Call to Order/ Roll Call.
Meeting was called to order at 7:00 p.m.
Board members present included: Chairman Jim Herblin, Glen Gammons, Dan
Tolleson and Jim Campbell. Board member not present: Russell Kaker.
Staff members present included: Doug Mousel; Executive Director of PEDC and
Judy Rucker; Facilitator of PEDC.
2. Comments from Citizens.
No Citizens present.
3. Consider and act upon minutes from the January 7, 2004 meeting of the
Prosper Economic Development Corporation.
Motioned by Dan Tolleson, seconded by Glen Gammons to accept minutes as
written. Motion carried 3-0.
4. Consider and act upon financial statements ending January 31, 2004.
Motion by Glen Gammons, seconded by Dan Tolleson to accept the financial
statements ending January 31, 2004. After discussion between Board and Staff
concerning budget spending percentages, income and balances of accounts, motion
carried 3-0.
5. Consider and act upon an agreement between the Prosper Economic
Development Corporation and the City of Frisco regarding the provision
of geographic information services to the Town of Prosper.
Doug Mousel presented an overview of an agreement between the Prosper
Economic Development and the City of Frisco regarding provision of georgraphic
information services to the Town of Prosper. The EDC had budgeted $38,000 in its
2003-2004 budget for a GIS (geographic information system technician and GIS
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services). Town and EDC staff has discussed an arrangement with the City of Frisco
to provide GIS services to the Town. The obligations of the PEDC were discussed,
which included gather information and provide zoning ordinances, annexation
ordinances, maps e.g., to Frisco ; pay Frisco $32,000, minus the actual cost of part
time GIS intern ( $10 an hour) not to exceed 450 hours.
Obligations of Frisco: Include providing a work station and supervision to PEDC part
time GIS intern and will create the following GIS data layers for Prosper: parcels with
Tax roll information, water, sewer, storm, roads, zoning, annexation, subdivision,
town limits, ETJ, Aerials, contours, % .t/dry, and County I ine. GIs will provide
software to access and view data layer, and will provide; the following rnaps: zoning
maps, annexation maps, wet/dry maps, and subdivision maps; user training for soft
ware, and will complete data layer creation, software installation and user training by
September.
Board and Staff members discussed the pros and cons of the proposal and the
immediate need for this service.
Motion by Jim Campbell, seconded by Glen Gammons. Vote 3-0. Approval of the
agreement between PEDC and the City of Frisco to provide GIS services and
authorized the Executive Director of the EDC, Doug Mousel, to execute the proposal
on behalf of the Prosper EDC Board.
As with all EDC agreements, the agreement is subject to the review and approval of
the Town Council.
6. Consider and act upon an amendment to an interlocal agreement between the
Prosper Economic Development Corporation and the Town of Prosper
regarding personnel services.
Motioned by Dan Tolleson and seconded by Glen Gammons to accept the
amendment to the existing interlocal agreement between the PEDC and the Town o
of Prosper to read 'Town Administrator, Doug Mousel" in place of " Director of
Planning, Doug Mousel". Motion carried 3-0.
7. Discuss the use of tax increment reinvestment zones (TIRZs), municipal
utility districts (MUDS) and other economic development tools.
Jim Herblin led the board and staff in a discussion concerning the information shared
at the Tuesday, February 24, 2004 joint meeting between the Town Council and
Prosper Economic Development Corporation Board and the development groups of
Blue Star and Angel Properties.
The EDC board requested more information and specfcs about land prices, tax
evaluations, infrastructure, and the Investment zones. Dan Tolleson, suggested that
we might want to hear another opinion from an impartial investment company. Dan
suggested Leon Johnson, Southwest Investments Bonds Broker, come and discuss
various angles on the TIRZs,
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8. Discuss the status of the comprehensive Master Plan.
Doug reported that Mesa Design has completed a draft of the Planning Report of the
Comprehensive Master Plan. Doug and Mitch Humble, Town Planner, will review the
documents and forward their comments to Mesa. After the review and updates, the
document will be presented to the EDC and Council for their review and
consideration.
9. Adjourn
Motioned by Jim Campbell, seconded by Glen Gammons to adjourn. Motion carried
3-0.
Attest:
t .
dy Ru r, EDC Facilitator
t
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J lin, Mairman