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2004-08-17 SOUTHLAKE PARKS DEVELOPMENT CORPORATION MEETING AUGUST 17 2004 LOCATION: 1400 Main Street, Southlake, Texas Council Chambers in Town Hall Board Members Present: President Keith Shankland, Vice-President Cara White, and Members Michael Mills, Carolyn Morris, Virginia M. Muzyka, and Andy Wambsganss. Board Members Absent: Secretary Sherry Berman Staff Present: Director of Community Services Malcolm Jackson, Deputy Director of Community Services Steve Polasek, Senior Parks Planner Chris Carpenter, Director of Finance Sharen Elam, and Deputy City Secretary Tara Brooks. Agenda Item No. 1, Call to order. The meeting was called to order by President Shankland at 4:33 p.m. Agenda Items No. 2, Executive Session. Pursuant to the Open Meetings Act, Chapter 551 of the Texas Government Code, Section 551.071, consultation with attorney, Section 551.072, deliberation regarding real property, and/or Section 551.073, deliberation regarding prospective gift. The Board adjourned for Executive Session at 4:33 p.m. Executive Session began at 4:40 p.m. and ended at 4:59 p.m. Agenda Item No. 3, Reconvene. President Shankland reconvened the meeting at 5:01 p.m. Motion was made to authorize the SPDC funding for the purchase of approximately 6.503 acres of park property located at 315 and 317 Shady Oaks Drive in the amount $789,700 as discussed in Executive Session. Motion: Morris Second: White Ayes: Mills, Morris, Muzyka, Wambsganss, White and Shankland Nays: None Approved: 6-0 AA2enda Item No. 4, Public Forum. No one spoke during the public forum. Agenda Item No. 5, Administrative Comments. There were no administrative comments. President Shankland moved Agenda Item No. 7A before Agenda Item No. 6. Agenda Item No. 7A, Approval of proposed SPDC Capital Improvement Plan and fiscal year 2004-05 Budget. Director Jackson presented this item to the Board and answered the Board's questions. The Board discussed this item. Director Elam advised the board the request was to fund only the Fiscal Year 2004-05 budget and not any of the out year's budgets. Motion was made to approve the Fiscal Year 2004-2005 budget for SPDC as presented. Motion: Mills Second: Morris Southlake Parks Development Corporation Meeting Minutes from August 17, 2004 Page 1 of 2 Ayes: Mills, Morris, Muzyka, Wambsganss, White and Shankland Nays: None Approved: 6-0 Agenda Item No. 6, Approval of the minutes of the SPDC meeting held July 13, 2004 Motion was made to approve the minutes of the SPDC meeting held July 13, 2004 as presented. Motion: Wambsganss Second: Mills Ayes: Mills, Morris, Muzyka, Wambsganss, White and Shankland Nays: None Approved: 6-0 Agenda Item No. 8, Adiournment. With there being no other business to discuss, President Shankland adjourned the meeting at 5:16 p.m. eith Shankland ATTEST: President Tara Brooks Deputy City Secretary Southlake Parks Development Corporation Meeting Minutes from August 17, 2004 Page 2 of 2