Loading...
HomeMy WebLinkAbout2015-01-15 EDC MinutesEULESS DEVELOPMENT CORPORATION BOARD OF DIRECTORS MINUTES January 15, 2015 The Board of Directors of the Euless Development Corporation met on Thursday, January 15, 2015, in the Mayor's Conference Room at City Hall in the Municipal Complex, 201 North Ector Drive, Euless, Texas. The following persons were in attendance: Mayor Linda Martin, Chairman Mayor Pro Tem Linda Eilenfeldt Council Member Tim Stinneford Citizen Member Sonja Adams Citizen Member Carmen Deithloff Citizen Member Wayne Marrs City Manager Gary McKamie, President City Secretary Kim Sutter, Board Secretary Assistant City Manager Chris Barker Absent: Council Member Jeremy Tompkins ITEM NO. 1. CALL TO ORDER Chairman Linda Martin called the meeting to order at 6:00 p.m. ITEM NO. 2 CLOSED SESSION The Euless Development Corporation convened into closed session at 6:01 p.m. for deliberation regarding the following: - Economic Development Incentives as Authorized by Section 551.087 Related to U.S. Concrete and its subsidiary Redi Mix, L.L.C. The Euless Development Corporation recessed closed session at 6:32 p.m. ITEM NO. 3. CONSIDER APPROVAL OF SECOND AMENDMENT TO LEASE AND INCENTIVE AGREEMENT BY AND BETWEEN THE EULESS DEVELOPMENT CORPORATION, THE CITY OF EULESS AND U.S. CONCRETE, INC., AND ITS SUBSIDIARY REDI MIX, L.L.C. AND AUTHORIZE THE PRESIDENT TO MAKE MODIFICATION AND EXECUTE SUCH AMENDMENT. Wayne Marrs motioned to approve the second amendment to the lease and incentive agreement by and between the Euless Development Corporation, the City of Euless, and U.S. Concrete, Inc., and its subsidiary Redi Mix, L.L.C. and authorize the President to make the modification and execute the agreement. Seconded by Sonja Adams, the motion carried by a unanimous vote. EDC Meeting Minutes Page 2 of 2 January 15, 2015 ITEM NO. 4. HEAR REPORTS ON CURRENT AND UPCOMING PROJECTS City Manager Gary McKamie provided an economic development update related to the following: Glade Parks Development; Proposed Senior Housing Development (Cullum and Dickey Drive) New residential developments ITEM NO.5 ADJOURN There being no further business before the Board, the meeting was adjourned at 6:50 p.m. APPROVED: Linda Martin, Chairman ATTEST: y im . utter, Secretary