HomeMy WebLinkAbout1986-03-11 unsigned v
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MINUTES OF A MEETING OF THE EULESS
NON-PROFIT INDUSTRIAL DEVELOPMENT AUTHORITY
HELD ON
MARCH 11, 1986
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A called meeting of the Euless Non-Profit Industrial Development
Authority was called to order at 6:00 p.m. , on Tuesday, March 11,
1986, in the Council Conference Room of the Euless Municipal Building,
201 N. Ector Drive, Euless, Texas.
Members of the Authority in attendance were Troy Fuller, Ron
Sternfels, Bob Eden, Willie Mae McCormick, Robert M. Pippin, and Glenn
Walker. Neal Adams was absent.
Also in attendance were Bob McFarland, Jean Wilson, Charles Billups,
Charles Billups, Jr. , Bob David, and Tom Summers.
Euless Non-Profit Industrial Development Authority President, Troy
Fuller served as Chairman of the meeting. Ron Sternfels, being
Secretary-Treasurer of the Authority, served as Secretary for the
meeting.
ITEM 1: BIG "D" MATTRESS COMPANY PROJECT
Bob McFarland announced that this was a public hearing for Big "D"
Mattress Company. He explained to the Authority that this proposal
was for the acquisition and/or construction of certain real and/or
personal property to be used in connection with a manufacturing,
warehousing and retailing facility or facilities, consisting of a
structure to be used for the manufacturing, warehousing and retailing
of mattresses and related facilities, to be located approximately 500
yards east of Raider and Highway 10 on the south side of Highway 10 in
Euless, Texas, which is within the boundaries of the City of Euless.
Mr. Charles Billups, Sr. , explained to the Authority that the proposed
building has 10,000 square feet showroom space, an area in the rear of
the building for vehicle storage, which will be gravel, and that the
present zoning is L-1. He further stated that the front of the
proposed building would be 200 feet of glass and that there would be a
loading dock in the rear of the building.
Questions were raised by the Commission concerning the 60% masonry
facade frontage on the building. The Commission was curious as to how
this requirement would affect this project since the frontage of the
proposed project is mostly glass.
\r• Mr. Eden moved to approve a resolution providing for the financing by
the issuer of the project, authorizing and providing for the issuance
and confirming the sale of the bonds, and approving any plan of
financing relating to the project. Mr. Walker seconded the motion.
Mr. Fuller asked if there was further discussion or questions
regarding the matter before the vote was taken. There being none, he
asked for the vote. The vote was unanimous, all in favor of approving
the project. Mr. Fuller announced the motion carried.
ADJOURNMENT
There being no further business before the Commission, the meeting was
adjourned at 6:30 p.m.
Troy Fuller, President
ATTEST:
Ron Sternfels, Secretary-Treasurer
• "We're Building a Beautiful Tomorrow"
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PUBLIC NOTICE OF MEETING
TAKE NOTICE THAT A MEETING OF THE EULESS INDUSTRIAL
DEVELOPMENT AUTHORITY will be held at the Euless Municipal
Building, in the City Council Conference Room, 201 North Ector
Drive, Euless, Texas 76039-3595, convening at 6:00 P.M., Tuesday,
March 11, 1986, to consider and act upon any lawful subject which
may come before it, including among others the following:
RESOLUTION
WITH RESPECT TO ISSUANCE OF BONDS FOR
1) Big D Mattress Company
POSTED this 5th day of March, 1986, at 4:00 P.M.
K y ;Rainey, City Se retary
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201 N. Ector Drive Euless, Texas 76039-3595 • 8171283-5381 Metro 267-4403