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HomeMy WebLinkAboutPRFD 2010-01-25 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 — JANUARY 25, 2010 — 6:00 P.M. 1. CALL TO ORDER Chairman Trevino called the meeting to order at 6:03 p.m. ROLL CALL PRESENT: BOARD OF DIRECTORS: Oscar Trevino Chairman /Mayor John Lewis Council Member Tim Barth Council Member David Whitson Council Member Brad Greene Citizen Member Tracye Tipps Citizen Member Sixto "Tito" Rodriguez Citizen Member OFFICERS: Mark Hindman President Larry Koonce Treasurer Patricia Hutson Secretary STAFF MEMBERS PRESENT: George Staples City Attorney Karen Bostic Assistant City Manager Jared Miller Assistant City Manager Vickie Loftice Managing Director Craig Hulse Economic Development Director Mark Mills Budget Director 2. APPROVAL OF MINUTES OF THE DECEMBER 14, 2009 MEETING APPROVED COUNCILMEMBER BARTH MOVED TO APPROVE THE MINUTES OF THE DECEMBER 14, 2009 MEETING. COUNCILMEMBER WHITSON SECONDED THE MOTION. MOTION TO APPROVE CARRIED 7-0. Park Corporation Minutes January 25, 2010 — 6:00 pm Page 2 3. FDC 2010 -001 AUTHORIZE TYPE B FUNDS FOR PROMOTIONAL PURPOSES APPROVED Mr. Craig Hulse, Economic Development Director, presented the item. The Buxton Group has submitted a proposal to the City that will promote the City and business development. Buxton Group will provide services to identify, research and verify North Richland Hills trade areas, evaluate the retail potential for each trade area and match retailers and restaurants to selected trade areas. The proposal calls for a FY 2009/10 investment of $70,000 to $90,000, depending on the number of trade areas matched for retailing. If approved, funds will be appropriated from the Reserve for Economic Development, which is a component of the Parks and Recreation Facilities Development Corporation Fund. At the City's option, continued use and data updates will be provided for $1,000 per month beginning in January 2011. This cost will be proposed in the FY 2010/2011 Economic Development Operating Budget funded through the Parks and Recreation Facilities Development Fund, Reserve for Economic Development. The Texas Local Government Code provides that a Type B corporation may spend not more than 10 percent of the corporate revenues for promotional purposes. Staff is recommending the Board authorize an expenditure not to exceed $90,000 from the Parks and Recreation Facilities Development Fund, Reserve for Economic Development for services provided by the Buxton Group. BOARD MEMBER LEWIS MOVED TO APPROVE FDC 2010-001, AUTHORIZING AN EXPENDITURE NOT TO EXCEED $90,000 FROM THE PARKS AND RECREATION FACILITIES DEVELOPMENT FUND, RESERVE FOR ECONOMIC DEVELOPMENT FOR SERVICES PROVIDED BY THE BUXTON GROUP. BOARD MEMBER RODRIGUEZ SECONDED THE MOTION. MOTION TO APPROVE CARRIED 7-0. 4. ADJOURNMENT Chairman Trevino adjourned the meeting at 6:12 p.m. APPROVED: /ifk I 1 Oscar Trevino — Chairman / Mayor ATTEST: 4 C% (C/6 % Patricia Hutson - Secretary