HomeMy WebLinkAbout2012-09-11 Special Meeting AGENDA
CITY OF GRAPEVINE, TEXAS
GRAPEVINE 4B ECONOMIC DEVELOPMENT CORPORATION MEETING
TUESDAY, SEPTEMBER 11, 2012 AT 5:30 P.M.
CITY COUNCIL CHAMBERS
SECOND FLOOR
200 SOUTH MAIN STREET
CALL TO ORDER
NEW BUSINESS
1. Oath of Office to be administered to newly appointed Grapevine 4B Economic
Development Corporation Members Matt Carnes, Martin Honeycutt, and Corey
Halliburton.
2. Consider a resolution approving the Grapevine 4B Economic Development
Corporation Fiscal Year 2013 budget and take any necessary action.
3. Consider the minutes of the September 13, 2011 Grapevine 4B Economic
Development Corporation meeting and take any necessary action.
ADJOURNMENT
If you plan to attend this public meeting and you have a disability that requires special
arrangements at the meeting, please contact the City Secretary's Office at(817)410-3182
at least 24 hours in advance of the meeting. Reasonable accommodations will be made to
assist your needs.
In accordance with Texas Government Code, Chapter 551.001 et seq, Acts of the 1993
Texas Legislature, the Grapevine 4B Economic Development Corporation Agenda was
prepared and posted on this the 7th day of September, 2012 at 5:00 p.m.
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STATE OF TEXAS
COUNTY OF TARRANT
CITY OF GRAPEVINE
GRAPEVINE 4B ECONOMIC DEVELOPMENT CORPORATION
The Grapevine 4B Economic Development Corporation of the City of Grapevine, Texas
met in Special Session on this the 11th day of September, 2012 at 5:30 p.m. in the City
Council Chambers, Second Floor, 200 South Main Street, with the following members
present to -wit:
William D. Tate
C. Shane Wilbanks
Sharron Spencer
Martin Honeycutt
Matt Carnes
Cory Halliburton
President
Vice President
Board Member
Board Member
Board Member
Board Member
constituting a quorum, with Board Member Darlene Freed absent, with the following
members of the City Staff:
Bruno Rumbelow
City Manager
Jennifer Hibbs
Assistant City Manager
Jodi C. Brown
City Secretary
John McGrane
Administrative Services Director
President Tate called the meeting to order at 5:30 p.m.
ITEM 1. OATH OF OFFICE
City Secretary Jodi Brown administered the Oath of Office to appointed Grapevine 4B
Economic Development Corporation Members Matt Carnes, Martin Honeycutt and Cory
Halliburton.
ITEM 2. RESOLUTION ADOPT FISCAL YEAR 2013 BUDGET
Administrative Services Director John McGrane recommended approval of a resolution
adopting the Grapevine 4B Economic Development Corporation FY2013 budget which
includes proposed sales tax revenues of $11,875,000.00 and the following items:
professional services; contractual services with The T for commuter rail (75% of proceeds);
transfer to General Fund -7.5% administrative fee; transfer to Visitor Shuttle Fund;
reserves for economic development and reserves for development and future construction
of Commuter Rail Station Facilities. Proposed expenditures are $8,327,728.00.
09/11/12
ATTEST:
Jodi Brown
City Secretary