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HomeMy WebLinkAbout2021-09-07CITY OF GRAPEVINE, TEXAS 'µnGRAP.EVINE GRAPEVINE 4B ECONOMIC DEVELOPMENT CORPORATION n S BOARD MEETING TUESDAY, SEPTEMBER 7, 2021 GRAPEVINE CITY HALL, COUNCIL CHAMBERS 200 SOUTH MAIN STREET GRAPEVINE, TEXAS CALL TO ORDER: 7.15 p.m. - City Council Chambers CITIZEN COMMENTS 1. Any person who is not scheduled on the agenda may address the Board under Citizen Comments or on any other agenda item by completing a Citizen Appearance Request form with the City Secretary. A member of the public may address the Board regarding an item on the agenda either before or during the Board's consideration of the item, upon being recognized by the Presiding Officer or upon the consent of the Board. In accordance with the Texas Open Meetings Act, the Board is restricted in discussing or taking action during Citizen Comments. NEW BUSINESS 2. Consider Resolution No. 4113 2021-001 approving the Grapevine 4B Economic Development Corporation Fiscal Year 2021-2022 Budget and take any necessary action. 3. Consider the minutes of the September 1, 2020 Grapevine 4B Economic Development Corporation Board meeting and take any necessary action. ADJOURNMENT In accordance with the Open Meetings Law, Texas Government Code, Chapter 551, 1 hereby certify that the above agenda was posted on the official bulletin boards at Grapevine City Hall, 200 South Main Street and on the City's website on September 3, 2021 by 5.00 p.m. Tara Brooks, TRMC, CRM City Secretary 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. STATE OF TEXAS COUNTY OF TARRANT CITY OF GRAPEVINE The Grapevine 4B Economic Development Corporation of the City of Grapevine, Texas met in Special Session on this the 7th day of September, 2021 in the City Council Chambers, Second Floor, 200 South Main Street, with the following members present: William D. Tate President Sharron Rogers Board Member Darlene Freed Board Member Chris Coy Board Member Don Cheek Board Member Eamonn Wiles Board Member constituting a quorum, with Board Member Justin Gassett being absent, and the following members of the City Staff: Bruno Rumbelow City Manager Jennifer Hibbs Assistant City Manager Matthew Boyle City Attorney Tara Brooks Board Secretary Greg Jordan Board Treasurer CALL TO ORDER President Tate called the meeting to order at 7:15 p.m. Item 1. Citizen Comments No one spoke during Citizen Comments. NEW BUSINESS Item 2. Consider Resolution No. 4B 2021-001 approving the Grapevine 4B Economic Development Corporation Fiscal Year 2021-2022 Budget and take any necessary action. Board Treasurer Greg Jordan presented this item to the Board. Treasurer Jordan explained that the revenues and expenditures increased by $1.7 million due to increased sales tax. Motion was made to approve Resolution No. 4B 2021-001 approving the Grapevine 4B Economic Development Corporation Fiscal Year 2021-2022 Budget. Motion: Coy Second: Freed Ayes: Tate, Rogers, Freed, Coy, Cheek, and Wiles Nays: None Approved: 6-0 RESOLUTION NO. 4B 2021-001 A RESOLUTION OF THE GRAPEVINE 4B ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF GRAPEVINE, TEXAS, ADOPTING AND PROPOSING A BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022; PROVIDING FOR INVESTMENT OF CERTAIN FUNDS AND PROVIDING AN EFFECTIVE DATE Item 3. Consider the minutes of the September 1, 2020 Grapevine 4B Economic Development Corporation Board meeting. Motion was made to approve the minutes as provided. Motion: Coy Second: Wiles Ayes: Tate, Rogers, Freed, Coy, Cheek, and Wiles Nays: None Approved: 6-0 ADJOURNMENT Motion was made to adjourn the meeting at 7:18 p.m. Motion: Freed Second: Coy Ayes: Tate, Rogers, Freed, Coy, Cheek, and Wiles Nays: None Approved: 6-0 Passed and approved by the Grapevine 4B Economic Development Corporation of the City of Grapevine, Texas on this the 17th day of August, 2022. APPROVED: ____________________________ William D. Tate President 4B Board September 7, 2021 Page 2 ATTEST: _____________________________ Tara Brooks Board Secretary 4B Board September 7, 2021 Page 3