HomeMy WebLinkAboutEDA 2004-10-26 Minutes
NORTH RICHLAND HILLS ECONOMIC DEVELOPMENT
ADVISORY COMMITTEE
BOARD OF DIRECTORS MEETING
October 26, 2004
MINUTES
Board Members Present:
Laurie Dunlop, North Hills Mall
Janet Golighty, Golightly's Gallery
Randy Moresi, North Hills Hospital
David Nelson, David Nelson Attorney
Dan Quinto, HomeTown
Mike Rigby, Liberty Bank
Linda Timmons, Bates Container
Alan Young, Alan Young Pontiac-Buick-GMC Trucks
Board Members Absent:
Jim Makens, The Makens Company
Phil Myhra, UICI-The Insurance Center
Staff/Guests Present:
Oscar Trevino, Mayor, City of NRH
Richard Torres, Assistant City Manager, City of NRH
Bo Bass, Assistant City Manager, City of NRH
John Pitstick, Director of Development, City of NRH
Mary Edwards, Public Information Officer, City of NRH
Ashley Stathatos, Marketing and Research Coordinator, City of NRH
Phyl Baloga, Administrative Secretary to Economic Development, City of NRH
The City of North Richland Hills convened the first Economic Development
Advisory Committee meeting for year 2004 in the Pre-Council Room at 7:00 a.m.,
October 26,2004.
Mayor Oscar Trevino welcomed committee members and addressed the role of
the Economic Development Committee and thanked everyone for their
participation in assisting the City.
John Pitstick asked each individual member to give a brief description of their
business, how their business was doing, and their perspective of the current
economy.
Janet Goliqhtly, owner of Goliqhtly's Gallery told the committee that she has
been in business in this area for over 20 years. At one time she had shops in
Northeast Mall and North Hills Mall but has scaled down and has survived and
succeeded. Janet enjoys this area.
1
Randy Moresi, CEO of North Hills Hospital, said overall he is optimistic, however
more and more non-insured patients are arriving at North Hills Hospital. In the
last year North Hills Hospital has given away over 2 ìi million dollars worth of
medical care. The business problem he sees is the health care payment problem
specifically lack of funds and delays in reimbursement. Randy is positive about
health care especially this area and plans to expand the hospital.
Mike Riqby, President of Liberty Bank, a bank which is locally owned now has
three locations. One at 5801 Davis Blvd., another at 7001 Grapevine Highway
and the newest location at 221 Bedford Road. Liberty Bank focuses their
business on the Northeast Tarrant area and has 90 million dollars worth of
assets. Deposits are growing by 7% however loans are declining because of the
recent increase in banks to this area. Liberty's online banking has increased and
Mike is very optimistic about business and the Northeast Tarrant area.
Alan Younq, is the Owner of Alan Younq Pontiac,Buick-GMC Trucks. In the
automobile business there is a window of opportunity to sell vehicles depending
on the payment structure. Factory programs stimulate his business because
they offer easier payment plans or 0% interest for a number of years. Alan would
like to see more activity at the mall which would bring more traffic passing by his
business. He a Iso expressed to the committee t hat his service business was
very good and that he had no problem hiring employees. He's hoping the
renovation of the mall will provide a new image for the area and increase traffic
flow.
Linda Timmons, President of Bates Container, Inc. said that the last couple of
years their business has been flat however this year sales are up. Most recently,
last month sales were up 20%. Most of their business is food and health related.
Bates Container is negotiating the purchase of more land for expansion. They
are also opening a plant in Longview, Texas and have spent $3 million on a new
corrugator and have added more sales personal. Bottom line, business is good.
Randy M oresi brought u p the discussion 0 f the timing 0 f t he I ights located 0 n
Davis Boulevard. Bo Bass addressed this issue by stating that cities with a
population of 50,000 or more are in fact the owner of the light system and the
new lights needed to be timed. The City is aware of the timing situation and will
be looking into.
Dan Quinto, Developer of HomeTown, mentioned that the new elementary
school is currently under construction. He is anticipating 200 new independent
living units will be developed next year along with 175 apartments. Retail space
will be also be developed around the planned library. HomeTown has received
national attention however the development is job driven. The expansion of UICI
is a plus and he is looking forward to the mall renovation for increased sales.
HomeTown is holding steady, and Dan is encouraged by the new school being
built and is counting on the school to increase the sale of new homes.
2
David Nelson, Owner of David Nelson Attorney Office, is an estate attorney and
is one of the new members to the Economic Development Advisory Board. He is
pleased to be a business owner in NRH as well as a homeowner. David is also a
board member for the Northeast Tarrant Chamber and is pleased with the
partnership between the City of NRH and the Chamber. He would like to see
more retail and restaurants come to the area.
Laurie Dunlop, Manaqer of North Hills Mall talked about the recent closing of the
remaining businesses located at the mall on October 15th. The owners needed
to liquidate the assets. Some buildings will come down, the Mall has been
working with the City and Hospital, and the current goal is to start with the
medical building. The mall will be considered mixed use as the owners are
negotiating with a movie theater, i mprov comedy g roup a nd more restaurants.
Laurie reminded everyone that Mervyn's and the Artisan theater are still open at
the mall and asked everyone to support these businesses.
Mike Rigby asked about the extension of Davis reaching to Highway 114 in three
years. Oscar addressed his question and confirmed that Davis Blvd. would be
extended to 114. He also mentioned the plans for effectively changing the Mid
Cities/Davis Boulevard intersection. The possibility of lowering the speed limit on
Davis Boulevard was also discussed.
John Pitstick introduced the new Economic Development website,
www.nrhupclose.com and then briefly reviewed the survey, which the board
members filled out after breakfast. Overall, the businesses are going strong and
the economic outlook for this area is positive.
Without further business, the meeting was adjourned.
Attachments: Economic Indicators Survey & Results
3
City of North Richland Hills
Economic Development Advisory Committee
Economic Indicators Survey
Fall 2004
Employment
1. How many full time employees do you have?
1-5 4 40%
6-10 0 0%
11-25 0 0%
25-50 1 10%
50-1 00 1 10%
100+ 4 40%
10 100%
2. In the next two years, do you anticipate your number of employees to:
Increase 3 30%
Decrease 0 0%
Stay the Same 7 70%
10 100%
Wages
3. In the past year, how has compensation per worker (wages & benefits)
changed?
Increased 7 70%
Decreased 0 0%
Stayed the Same 3 30%
10 100%
4. In the next year, do you expect wages and benefits per worker to change
over the past year?
w
ages
Increase 7 70%
Decrease 0 0%
Stay the Same 3 30%
10 100%
Benefits
Increase 3 30%
Decrease 2 20%
Stay the Same 5 50%
10 100%
Productivity
5. In the past year, has the productivity of your work force increased
or decreased over the previous year?
Increased 7 70%
Decreased 0 0%
Stayed the Same 3 30%
10 100%
Business Activity
6. In the past year, did your company's level of business activity
increase or decrease over the previous year?
Increased 6 60%
Decreased 2 20%
Stayed the Same 2 20%
10 100%
Growth
7. Do you have any future plans to expand or renovate your business?
Expand 4 40%
Renovate 4 40%
Stay the Same 2 20%
10 100%
Customers
8. Where are a majority of your customers located?
NRH 1 10%
Northeast Tarrant County 6 60%
Metroplex 2 20%
Texas 1 10%
USA 0 0%
International 0 0%
10 100%
Community Influence
9. What factors influence your decision to continue to operate your business in the city of
North Richland Hills? (1 is not important and 5 is very important)
Customer Proximity 7 19%
Growing Markets 9 25%
Freeway Access 5 14%
Commuting Time 3 8%
Labor Supply 1 3%
Energy Supply 2 6%
Community Support 9 25%
36 100%
Local Outlook
10. How do you feel about the general economy in North Richland Hills over the next year?
The Sky's the Limit 1 10%
Extremely Satisfied 2 20%
Improvina 4 40%
Would like to do better 3 30%
Uncertainty 0 0%
Stagnant 0 0%
Declining 0 0%
Very Concerned 0 0%
10 100%
11. How would you describe the economy in North Richland Hills compared to neighboring
cities?
Better 4 40%
Worse 0 0%
The Same 6 60%
10 100%
12. What factors contribute to your opinion?
New Business Development 7 26%
Level of existing business expansion or
contraction 7 26%
Local Business and Political Climate 5 19%
Road Construction Projects 6 22%
State and Regional cutbacks and layoffs 0 0%
Competition from neiahboring cities 2 7%
27 100%
State Outlook
13. How do you feel about the general economy in the State of
Texas over the next year?
The Sky's the Limit 2 20%
Extremely Satisfied 0 0%
Improving 7 70%
Would like to see better 1 10%
Uncertainty 0 0%
Stagnant 0 0%
Declining 0 0%
Very Concerned 0 0%
10 100%
14. How would you describe the economy in the state of Texas
compared to the nation as a whole?
Better 8 80%
Worse 0 0%
The Same 2 20%
10 100%
15. What factors contribute to your opinion?
Business and Political Climate 8 36%
State Taxes 3 14%
Education and TraininQ 1 5%
Transportation 2 9%
Technology 2 9%
Level of Business Expansion or
Contraction 6 27%
22 100%
National Outlook
16. How do you see the state of the national economy?
7 70%
o 0%
3 30%
10 100%
17. What factors contribute to your opinion?
Oil Prices 3 17%
War in Iraq 4 22%
Terrorist Threats 1 6%
Upcoming Election 2 11%
Taxes 1 6%
International Competition 2 11%
Other 5 28%
18 100%
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