HomeMy WebLinkAboutPRFD 2001-08-20 Minutes
MINUTES OF THE NORTH RICHLAND HILLS PARK AND
RECREATION FACILITIES DEVELOPMENT CORPORATION
HELD IN THE CITY HALL, 7301 NORTHEAST LOOP 820 _
AUGUST 20, 2001 - 5:30 P.M.
1.
CALL TO ORDER
Chairman Scoma called the meeting to order at 5:30 p.m.
ROLL CALL
PRESENT:
BOARD OF DIRECTORS:
Charles Scoma
Joe Tolbert
David Whitson
Dave Davis
Mack Garvin
Scott Turnage, Jr.
Chairman/Mayor
Council Member
Council Member
Citizen Member
Citizen Member
Citizen Member
OFFICERS:
Larry Cunningham
Randy Shiflet
Larry Koonce
Patricia Hutson
President
Vice President
Treasurer
Secretary
OTHERS PRESENT:
Karen Bostic
Clay Caruthers
Jim Browne
Bill Thornton
Budget Director
Internal Auditor/Financial Analyst
Park & Recreation Director
Assistant Park & Recreation Director
Absent:
Lyle E. Welch
Council Member
2.
APPROVAL OF MINUTES OF THE AUGUST 23,2000 MEETING
APPROVED
Mr. Garvin moved, seconded by Mr. Davis, to approve the minutes of the August 23, 2000
meeting.
Park Corporation Minutes
August 20, 2001
Page 2
Motion carried 6-0.
3.
APPROVAL OF MINUTES OF THE AUGUST 28, 2000 MEETING
APPROVED
Mr. Turnage moved, seconded by Mr. Garvin, to approve the minutes of the August 28,
2000 meeting.
Motion carried 6-0.
4.
APPROVAL OF MINUTES OF THE MAY 29, 2001 MEETING
APPROVED
Mr. Davis moved, seconded by Mr. Garvin, to approve the minutes of the May 29,2001
meeting.
Motion carried 6-0.
5.
FDC 2001-02 REVIEW THE PARK & RECREATION FACILITIES
DEVELOPMENT CORPORATION CAPITAL PROJECTS BUDGET
AND RECOMMEND ADOPTION
APPROVED
Mr. Browne presented the 2001-02 annual operating budget. The proposed budget for
2001-02 is $5,485,893 and the revised budget for 2000-01 is $5,347,644.
Mr. Garvin moved, seconded by Councilman. Whitson, to approve FDC 2001-02, accepting
and recommending adoption of the 2001-02 annual operating budget to the City Council
and setting the public hearing for August 27, 2001.
Motion carried 6-0.
6.
FDC 2001-03 REVIEW THE PARK & RECREATION FACILITIES
DEVELOPMENT CORPORATION CAPITAL PROJECTS BUDGET
AND RECOMMEND ADOPTION
APPROVED
Mr. Browne presented a power point presentation highlighting the 2001-02 capital projects
budget. The proposed budget for 2001-02 is $6,334.584 and the revised budget for 2000-
Park Corporation Minutes
August 20, 2001
Page 3
01 is $3,345,169. Mr. Browne gave an overview of the summary of revenue and expenses
from 1992 to 2001, the completed and committed projects, completed and currently active
projects, and available funding and anticipated expenses. Highlights of the budget include:
· Assumes a flat growth rate in sales tax revenue from 2000-01 to 2001-02
· Includes prioritized facilities from 2000 Park and Recreation and Open Space Master
Plan
· Included $200,000 reduction in debt service for FY 2001-02 from the reduction in bond
reserves
· Allocates funding to develop four more neighborhood parks in continuation of
neighborhood park initiative
· Previously approved funding for Home Town Recreation Center moved to FY 2001-02
· Includes matching funding for approved TEA-21 grant
· Initiates design, preparation, plans, and specifications for Little Bear Creek Community
Park
· Allocates funding for renovation of Norich Park.
Mr. Turnage moved, seconded by Mr. Davis, to approve FDC 2001-03 recommending
adoption of the 2001-02 Capital Projects budget to the City Council and setting the public
hearing for August 27, 2001.
7.
ADJOURNMENT
Chairman Scoma adjourned the meeting at 5:52 p.m.
ATTEST:
C?7átVæti ßu'~~
Patricia Hutson - Secretary