1996-12-16SOUTHLAKE PARK DEVELOPMENT CORPORATION MEETING
667 North Carroll Avenue
Southlake, Texas 76092
December 16, 1996
MINUTES
MEMBERS PRESENT: W. Ralph Evans, Vice -President. Members: Rick Stacy, Carol Lee
Hamilton, Scott Martin, Pamela Muller and Rod Johnson (arrived at 6:20 p.m.).
MEMBERS ABSENT: David Yelton, President.
STAFF PRESENT: Curtis E. Hawk, City Manager; Lou Ann Heath, Director of Finance; Kim
Lenoir, Director of Parks & Recreation and Sandra L. LeGrand, City Secretary.
Agenda Item #1. Call to Order
Vice -President Ralph Evans called the meeting to order at 6:05 p.m. A quorum was present.
Agenda Item #2, Approval of the Minutes
(40." The minutes of the November 18, 1996 meeting were approved as corrected.
Motion:
Scott Martin
Second:
Pamela Muller
Ayes:
Evans, Hamilton, Martin, Muller and Stacy
Nays:
None
Approved:
5-0 vote
Agenda Item #3, Executive Session: Pursuant to Open Meetings Act, Chapter 551 of the Texas
Government Code, Section 551.072, land acquisition.
Vice -President Evans announced that SPDC would be going into executive session pursuant to
Chapter 551 of the Texas Government Code, Section 551.072, land acquisition.
SPDC adjourned for executive session at 6:15 p.m.
SPDC returned to open session at 6:50 p.m.
Agenda Item #4, Reconvene: Action Necessary/Executive Session
Action was necessary as a result of the Executive Session. Scott Martin made a motion to proceed
with negotiations to purchase the property described in Executive Session.
Motion: Martin
Second: Carol Lee Hamilton
Ayes: Evans, Hamilton, Martin, Johnson, Muller and Stacy
Nays: None
Approved: 6-0 vote
Agenda Item #5, Consider: SPDC Resolution No. 96-01, a resolution setting a Public Hearing
on the expenditure of corporation funds relating to projects to be undertaken by the
Corporation for the purchase of land and making improvements thereto for neighborhood
parks and making additional improvements to existing nark land, including related road and
streets improvements that enhance such park facilities, and paying maintenance and
operating costs of said municipal park facilities, and paving maintenance and operating costs
of said municipal park facilities: and approving and authorizing notice of such Dublic
hearing:
Lou Ann Heath presented Resolution No. 96-01 and commented on the last time the City issued
debt. At that time, in February 1994, the City considered a resolution for three projects;
Bicentennial Park expansion, land acquisition, and gymnasium at Carroll Middle School. Ms.
Heath explained the difference in the wording of the current resolution, Resolution No., 69-01,
and its content. The purpose of the resolution is to set a public hearing for February 18, 1997 to
consider the expenditure of the Corporation's funds for projects relating to the purchase of land
and making improvements for neighborhood parks and making additional improvements to
existing park land, including related road improvements that enhance park facilities, paying
maintenance and operating cost of municipal park facilities.
Ms. Muller questioned why maintenance and operation costs for park facilities are included in the
funding request. Ms. Heath explained that it is an "allowable expenditure" if park lands are
purchased with SPDC funds. She further stated that if there were any maintenance type costs
incurred after the purchase of the property, they would be presented to SPDC in the budget. Mr.
Martin cited an example of a possible "maintenance cost" the City might incur -- mowing the
property.
Ms. Heath noted the time frame requirements for the resolution. The public hearing must be 60
days from the date the notice is published. She also explained the provision in the resolution
regarding Council approval.
A motion was made that SPDC approve Resolution No. 96-01.
Motion:
Martin
Second:
Muller
Ayes:
Evans, Hamilton, Martin, Muller, Johnson and Stacy.
Nays:
None
Approved:
5-0 vote
At that time, Rod Johnson announced his resignation from the SPDC and Park Boards due to
business opportunities. He said he considers it a pleasure to have worked with members of the
SPDC MINUTES -- REGULAR MEETING ON DECEMBER 16, 1996 PAGE 2 OF 3
SPDC.
Agenda Item #6, Adjournment
A motion was made to adjourn the meeting at 7:00 p.m.
A'
L. LeGrand
City Secretary
D:\WP-FILES\SPDC\MINUTES\96-12-16.WPD
T
Ralph Eva , Vice -President
L, SPDC MINUTES -- REGULAR MEETING ON DECEMBER 16, 1996 PAGE 3 OF 3
CITY OF SOUTHLAKE
SOUTHLAKE PARKS DEVELOPMENT CORPORATION
SALES TAX REVENUES
1996-97 collected budget balance
budget to date balance i2ercent
$223.000 S148.630 0,774-370 R3-90%
MONTH
FISCAL
YEAR
93/94
FISCAL
YEAR
94/95
% Inc
-Dec
FISCAL
YEAR
95/96
% Inc
-Dec
FISCAL
YEAR
96-97
% Inc
-Dec
October
$0
$44,975
n/a
$64,344
43.1%
$80,946
25.8%
November
0
26,049
n/a
55,958
114.8%
67,694
21.0%
December
0
33,622
n/a
51,987
54.6%
January
0
47,843
n/a
70,181
46.7%
February
0
34,007
n/a
47,635
40.1%
March
0
28,300
n/a
51,581
82.3%
April
0
44,106
n/a
68,515
55.3%
May
29,145
40,554
39.1%
54,686
34.8%
June
29,788
41,627`
39.7%
56,159
34.9%
July
47,079'
67,593
43.6%
89,901'
33.0%
August
29,490'
54,792'
85.8%
66,184
20.8%
September
37.614
53, • 2
41.7%
61,223
14.9%
TOTAL
$173,116''
$516 751
198.5%
$738354
42.9%
$148,630'
23.5%
2,215,062
ldgt
12/16/96
SALSTX97.WK4
12/12/98 THU 15:44 FAX 214 855 8200 FULBRIGHT & JAWORSKI 11003
L100 PASSED AND ADOPTED, this December 16, 1996.
SOUTHLAKE PARKS DEVELOPMENT
CORPORATION
vu�
President, Board of Directors
Seoretary, Board of Directors
(District Seal)
C.-
-2-
EXHIBIT 9 A 't
NOTICE OF PUBLIC HEARING RELATING TO
SOUTHLAKE PARKS DEVELOPMENT CORPORATION PROJECTS
NOTICE IS HEREBY GIVEN that the Board of Directors of the Southlake Parks
Development Corporation will conduct a public hearing during a meeting scheduled to begin at
6: 00 p.m. o'clock on February 18, 1997 in the Council Chambers of City Hall, 667 North
Carroll Avenue, Southlake, Texas on projects to be undertaken by the Corporation for the
purchase of land and making improvements thereto for neighborhood parks and making
additional improvements to existing park land, including related road and streets improvements
that enhance such park facilities, and paying maintenance and operating costs of said municipal
park facilities.
Pamela A. Muller
Secretary, Board of Directors
Southlake Parks Development Corporation
N
A