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HomeMy WebLinkAboutPRFD 1998-08-24 Minutes MINUTES OF THE NORTH RICHLAND HILLS PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION HELD IN THE CITY HALL, 7301 NORTHEAST LOOP 820 - AUGUST 24,1998 -7:00 P.M. 1. CALL TO ORDER Chairman Scoma called the meeting to order at 7:00 p.m. ROLL CALL PRESENT: BOARD OF DIRECTORS: Charles Scoma Don Phifer Frank Metts, Jr. JoAnn Johnson Pam Jackson Chairman/Mayor Council Member/Mayor Pro Tem Council member Council Member Citizen Member OFFICERS: Larry Cunningham Randy Shiflet Ron Ragland Larry Koonce Patricia Hutson Rex McEntire President First Vice President Second Vice President Treasurer Secretary Attorney ABSENT: Oscar Trevino Don Davis Citizen Member Citizen Member 2. FDC 98-04 PUBLIC HEARING ON THE PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED ANNUAL BUDGET AND AUTHROIZE ADOPTION APPROVED Chairman Scoma opened the Public Hearing and called for anyone wishing to speak to come forward. There being no one wishing to speak, Chairman Scoma closed the Public Hearing. Mayor Scoma advised that the Board determined at their meeting on August 18 that all funds received from the % cent sales tax would go into a reserve fund and would be pulled Park Corporation Minutes August$'f, 1998 Page 2 out on a project by project basis. Each project would go to bid and Council would review each individual project based on the bids as they come in. Mayor Pro Tem Phifer moved, seconded by Councilwoman Johnson, to approve FDC 98-04 approving the revised 1997-98 budget in the amount of $3,884,066 and the 1998-99 budget in the amount of $4,029,463 and recommend Council approval. Motion carried 4-0. 3. FDC 98-05 PUBLIC HEARING ON THE PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED CAPITAL PROJECTS BUDGET AND AUTHORIZE ADOPTION APPROVED Mayor Pro Tem Phifer moved, seconded by Board Member Jackson, to approve FDC 98-05 approving the revised 1997-98 Capital Project Budget in the amount of $4,773,633 and the 1998-99 Capital Projects Budget in the amount of $2,455,057 and recommend Council approval. Motion carried 4-0. 4. ADJOURNMENT Chairman Scoma adjourned the meeting at 7:04 p.m. (CLJi ~ ATTEST: ç;!?t:látd/¿:¿ ~ Patricia Hutson - Secretary