1993-07-28LOCATION:
MEMBERS
PRESENT:
MEMBERS
ABSENT:
SOUTHLAKE ECONOMIC
DEVELOPMENT COUNCIL
BOARD OF DIRECTORS MEETING
July 28, 1993
City Hall
Southlake, Texas
AUG 181993
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OFFICE pg
CITY sv&- ET
David Baltimore, Barry Emerson, Curtis Hawk (City
Manager), Bob Mundlin, Shana Rice (Assistant City
Manager), Bethann Scratchard, Gary Terry, Greg Last
(City Planner), Rick Wilhelm, Sandra Baber (Staff),
Karen Davidson (Staff).
John Drews, Susan Evans, Richard Kuhlman.
I. CALL TO ORDER
Rick Wilhelm called the meeting to order, noting a
quorum was present.
II. APPROVAL OF MINUTES OF LAST MEETING
Upon a motion by Bethann Scratchard and a second by
David Baltimore, the minutes of the June 24, 1993 meeting
were approved as amended.
III. TREASURER'S REPORT
Upon a motion by Bethann Scratchard and a second by
Barry Emerson, the Treasurer's report was approved
as submitted. David Baltimore stated everything was still
on budget.
IV. EXECUTIVE DIRECTOR'S REPORT
Sandra Baber stated Donna Higgins and her baby are
doing fine. She also reported things at the office have
slowed down, except for requests for information packets.
N
,
V. COMMITTEE REPORTS
B.) Business Retention: David Baltimore reported
Edwin Manheart of Manheart Industries has shown interest in
acquiring Southlake property and a Southlake Chamber
membership. David then passed around a hand-out regarding
financial programs available to Texas Businesses. David,
Gary Terry, and Bethann Scratchard discussed holding a
meeting to compile the business retention surveys received
and begin setting up appointments with those businesses.
B.) Property Profile: John Drews was absent
C.) Tax Abatement/Incentive: Susan Evans was absent.
However, Rick Wilhelm reported the City of Southlake is
still receiving information regarding Tax Abatements
/Incentives, and has recently received information from the
cities of North Richland Hills and Irving to keep for their
records.
VI. OLD BUSINESS
A.) Hwy 114 right of way: Rick Wilhelm stated City
officials would be traveling to Austin this afternoon to
the Highway Commission to approve the resolution of Level 3
Funding. Curtis Hawk stated they should know something by
12:00 pm Thursday, July 29, 1993.
B.) FM 1709 Update: Curtis Hawk explained the City of
Southlake is on schedule for their construction of FM 1709.
VII. NEW BUSINESS
A.)
TIG Holdings:
Richard Kuhlman was absent.
Rick
Wilhelm
stated that Transamerica Insurance Group has
narrowed
their location
choices to William's Square, the
downtown
Dallas area, or
the Solana complex. However,
he
feels their
decision is
most likely between William's
Square
and the
Solana complex.
He stated the company has not
given
a formal
press release as
of yet.
B.) Bylaws - amendment: Rick Wilhelm stated there
would be few changes in the bylaws. He reported the city
appointees will remain the same, the Chamber appointees will
increase by one person, and the school will have one voting
appointee with one alternate member. A motion was made by
David Baltimore and seconded by Barry Emerson to approve
these changes to the Bylaws. Rick stated the Southlake
Economic Development Council will adopt the revised bylaws
and waive the statutory notice requirements, considering the
revisions had been mailed out one week prior to today's
meeting.
P]
C.) Budget: Rick Wilhelm reported the City of
Southlake is currently working on their budget with their
services. He stated the budget presented reflects a slight
increase in salaries and taxes; however, there is an overall
decrease in the budget. Rick explained Southlake Economic
Development Council receives two-thirds of their funding
from the City of Southlake and one-third from the Chamber of
Commerce. Barry Emerson suggested a small percentage of the
funds be put into reserves in case of an unforeseeable
incident. Curtis Hawk suggested a portion of the excess
funds be used for a research study of the FM 1709 Corridor
or for promotional expenses. Bob Mundlin explained
Southlake Chamber of Commerce's role in next Spring's Kite
Fest and suggested some funds be set aside for promoting the
City and its businesses at this event. Rick stated the up
and coming year's budget will be $31,800, which includes a
$200 omission on insurance expense and a $50 error on office
rental expense. A motion was made by David Baltimore and
seconded by Gary Terry to approve the budget as amended.
D.) Other: Greg Last handed out information regarding
the Texas Department of Commerce and a hand out regarding
the top Dallas/Fort Worth Builders and Subdivisions, for
everyone's knowledge.
VIII. ADJOURNMENT
The next SEDC meeting is scheduled for August 25, 1993
at City Hall, Southlake, Texas. Meeting Adjourned.
SOUTHLAKE ECONOMIC DEVELOPMENT COUNCIL
BUDGET
October 1, 1992 thru September 30, 1993
RECAP THROUGH JULY 31,1993
INCOME:
EXPENSES:
Salaries & Taxes
Telephone/Voice Mail
Printing/Supplies Exp
Promotional Expenses
Dues/Memberships/Subscriptions
Postage/Freight
Furniture/Equipment Expense
Travel/Training/Education
Utilities
Accounting/Professional Serv.
Office Rental
Insurance
Miscellaneous
TOTAL EXPENSE:
BUDGETED
$33,000.
$14,500.
1,500.
1,900.
4,200.
500.
2,750.
1,800.
500.
700.
250.
3,700.
200.
500.
$33,000.
ACTUAL CHECKBOOK BALANCE 07/31/93 $13,100.79
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AUG 13 19
OFFICE OF
CITY, SEQRETAR
ACTUAL YTD
$27,519.57
$12,726.24
1,789.07
507.34
730.00
67.50
1,466.25
1,635.40
--0--
427.00
335.00
2,970.00
--0--
126.53
$22,780.33