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HomeMy WebLinkAboutPRFD 2005-08-15 Minutes MINUTES OF THE NORTH RICHLAND HILLS PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION HELD IN THE CITY HALL PRE COUNCIL ROOM, 7301 NORTHEAST LOOP 820 - AUGUST 15, 2005 - 6:00 P.M. 1. CALL TO ORDER Chairman Trevino called the meeting to order at 6:00 p.m. ROLL CALL PRESENT: BOARD OF DIRECTORS: Oscar Trevino John Lewis Jo Cox David Whitson Mark Haynes Brad Greene Kim Kirby Chairman/Mayor Council Member Council Member Council Member Citizen Member Citizen Member Citizen Member OFFICERS: Larry J. Cunningham Larry Koonce Patricia Hutson President Treasurer Secretary OTHERS PRESENT: Karen Bostic Vickie Lottice Drew Corn John Pitstick Mary Edwards Margaret Ragus Ann Fuller Managing Director Administrative/Fiscal Services Park & Recreation Director Budget Director Director of Development Public Information Officer Budget Analyst Internal Auditor/Financial Assistant 2. APPROVAL OF MINUTES OF THE OCTOBER 25, 2004 MEETING APPROVED COUNCILMEMBER LEWIS MOVED, SECONDED BY COUNCILMEMBER Cox, TO APPROVE THE MINUTES OF THE OCTOBER 25, 2004 MEETING. Park Corporation Minutes August 15, 2005 Page 2 Motion to approve carried 7-0. 3. FDC 2005-001 REVIEW THE PARK & RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED ANNUAL OPERATING BUDGET AND RECOMMEND ADOPTION Mr. Drew Corn, Budget Director, highlighted the proposed 2005-06 Operating Budget. The proposed budget for 2005-06 is $$4,286,362 and the revised budget for 2004-05 is $4,359,058. Mr. Corn recapped the 2004/05 adopted and revised revenues and expenditures and highlighted the 2005/06 proposed revenues and expenditures. Mr. Haynes questioned why "Other Income" on Schedule 19 showed zero amounts beginning with fiscal year 2004/05. Staff explained that the other income revenue was from grants that the City no longer received. THE CONSENSUS OF THE BOARD WAS TO SEND THE PROPOSED ANNUAL OPERATING BUDGET TO A PUBLIC HEARING ON AUGUST 23, 2005. THE BOARD WILL TAKE ACTION ON THE BUDGET AFTER THE PUBLIC HEARING. 4. FDC 2004-002 REVIEW THE PARK & RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED CAPITAL PROJECTS BUDGET AND RECOMMEND ADOPTION Ms. Vickie Lottice, Park and Recreation Director, presented a PowerPoint presentation highlighting completed, continuing and new projects and funding for fiscal year 2005-06. The proposed 2005-06 Capital Projects budget is $4,352,139. The budget includes the use of sales tax revenues in the amount of $550,000 for the reconstruction of the greens at Iron Horse Golf Course and $332,307 for the South Grapevine Highway Intersection Improvements, which is part of the Economic Development Incentive Fund. Mr. Neil Schmidt, Golf Course General Manager, discussed with the Board the Golf Course Greens Resurfacing Project. Mr. Schmidt discussed the process for reconstructing the greens, why the greens need to be reconstructed, alternatives considered and their goals. Mr. John Pitstick, Development Director, discussed with the Board the South Grapevine Highway Intersection Improvement project consisting of improving the intersections at Rufe Snow and Glenview Drive at Grapevine Highway. The improvements are recommended to stimulate private development in the corridor and the project is a joint venture between the Cities of Richland Hills and North Richland Hills. Richland Hills will pay 50% of the cost and the Economic Development Sales Tax will fund North Richland Hill's portion. Park Corporation Minutes August 15, 2005 Page 3 AFTER A BRIEF DISCUSSION AND QUESTIONS FROM THE BOARD, THE CONSENSUS WAS TO SEND THE PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED ANNUAL CAPITAL BUDGET TO A PUBLIC HEARING. THE BOARD WILL TAKE ACTION ON THE BUDGET AFTER THE PUBLIC HEARING. 6. ADJOURNMENT Chairman Trevino adjourned the meeting at 7:06 p.m. ATTEST: /~, . L I. I I ~/lhó1.tél;¿~ ...~.. / Vf.,. Patricia Hutson - Secretary