FARMERSVILLE ECONOMIC DEVELOPMENT CORPORATION
MINUTES
November 19, 2008
The Farmersville Economic Development Corporation met in regular session on November 19, 2008 at 12:00 p.m. at the Best Community Conference Center with the following members present: Joe Helmberger, Craig Overstreet, Larry Ratliff, and Eddy Daniel. Staff member present were City Manager Alan Hein, Main Street Manager Adah Leah Wolf, Finance Director Daphne Hamlin and Council Member Shirley Horton.
CALL TO ORDER
Joe Helmberger convened the meeting at 12:14 p.m. and announced that a quorum was present.
RECOGNITION OF CITIZENS/VISITORS
No guests were present.
DISCUSS AND REVIEW FINANCIALS FOR SEPTEMBER 2008
The Board reviewed the financials for September 2008 with no action.
RECEIVE REPORT FOR THE ECONOMIC DEVELOPMENT SALES TAX SEMINAR
Joe Helmberger reported that he and Alan Hein, City Manager, attended the Economic Development Sales Tax Seminar. This seminar is a requirement of the Economic Development by State Law. There was a lot of good information and a book will be made available of the information acquired.
RECEIVE UPDATE ON MEETING WITH GREG MADAY, PRESIDENT OF SPEC CHEM
Mike Jenkins with SpecChem met with Alan Hein, City Manager. A Tax Abatement Questionnaire has been completed and submitted to the City. The request for Tax Abatement will be brought to the City for their approval at a future date.
RECEIVE MARKETING UPDATE FROM ADAH LEAH WOLF
Adah Leah Wolf updated the Board with the following information:
· 4A has an advertisement in the Chamber Directory, page 18
· The Christmas Tree has been ordered and an article will be published in the paper
· Suggestion to join the TEDC organization at a cost of $100 per year
· Suggest meeting with Robert Johnson, Texas Main Street’s Economic Development Specialist, to visit and provide a workshop in February
· Begin the development of a Power Point Presentation
RECEIVE COLLIN COLLEGE UPDATE
Joe Helmberger opened the discussion and asked how we can encourage more students to attend the college and encourage a high enrollment. The Board has not received an update from Sam Roach at this time.
DISCUSS AND APPOINT ECONOMIC DEVELOPMENT MEMBERS FOR BOARD MEETINGS OF COLLIN COLLEGE, NTMWD, COLLIN COUNTY AREA REALTORS AND THE COMMISSIONER’S COURT
The Board composed a schedule of the meetings for members to volunteer as follows:
NTMWD – Joe Helmberger
Collin College – Stefanie Hurst
Commission’s Court –Craig Overstreet and Eddy Daniel
Collin Co Area Realtor Meeting – Larry Ratliff
The Board will continue to review the schedule on a monthly basis.
REVIEW FINANCIAL DOCUMENTS FOR BUILDER’S MARBLE AND US GRANITE
The Board reviewed the financial documents for Builder’s Marble and Stone Fabricators, Inc. and stated very little change in the sales tax. The Board will continue to monitor the financial documents.
ITEMS FOR PAYMENT APPROVED
On a motion by Eddy Daniel and a second by Larry Ratliff, the item for payment to Victors, $69.50 00 was approved. Motion carried unanimously.
FINANCIAL STATEMENTS OF OCTOBER 2008
On a motion by Larry Ratliff and a second by Eddy Daniel, the financials for October 2008 were approved as presented. Motion carried unanimously.
MEETING MINUTES OF OCTOBER 15, 2008
On a motion by Larry Ratliff and a second by Craig Overstreet, the Board approved the meeting minutes of October 15, 2008 as presented. Motion carried unanimously.
DISCUSSION IN CONTEMPLATION OF PLACING ITEMS ON FUTURE AGENDA
The Board would like the following to be placed on the next agenda:
· Regional Wastewater Treatment Plant
· Highway 380 Project
· Bring ideas for presentations in April and May
ADJOURNMENT
The Board adjourned at 12:50 p.m.
______
Joe Helmberger, President
ATTEST:
______
Eddy Daniel, Secretary
FEDC, Minutes November 19, 2008 PAGE 3