HomeMy WebLinkAbout2016-09-06 Regular MeetingCITY OF GRAPEVINE, TEXAS
GRAPEVINE 413 ECONOMIC DEVELOPMENT CORPORATION
MEETING
TUESDAY, SEPTEMBER 6, 2016
GRAPEVINE CITY HALL, SECOND FLOOill
200 SOUTH MAIN STREET
GRAPEVINE, TEXAS
CALL TO ORDER: 7:20 p.m. - City Council Chambers
CITIZEN COMMENTS
Any person who is not scheduled on the agenda may address the Board under
Citizen Comments by completing a Citizen Appearance Request form with the City
Secretary. In accordance with the Texas Open Meetings Act, the Board is restricted
in discussing or taking action during Citizen Comments.
NEW BUSINESS
2. Consider a resolution approving the Grapevine 413 Economic Development
Corporation Fiscal Year 2016-2017 Budget and take any necessary action.
3. Consider the minutes of the September 15, 2015 Grapevine 4B Economic
Development Corporation 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 2,
2016 by 5:00 p.m.
Bham Barnes,,.
Assistant 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 6th day of September, 2016 in the City Council
Chambers, Second Floor, 200 South Main Street, with the following members present:
William D. Tate President
Sharron Spencer Board Member
Chris Coy Board Member
Cory Halliburton Board Member
Kirby Kercheval 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
John F. Boyle, Jr.
City Attorney
Tara Brooks
City Secretary
Greg Jordan
Chief Financial Officer
CALL TO ORDER
President Tate called the meeting to order at 7:30 p.m.
Item 1. Citizen Comments
No one spoke during the Citizen Comments.
Item 2. Consider a resolution approving the Grapevine 4B Economic Development
Corporation Fiscal Year 2016-2017 Budget and take any necessary action.
Chief Financial Officer Greg Jordan stated the projected budget for Fiscal Year 2016-2017
is $13,956,193 which includes the use of $6,418,042 in the reserve fund balance to be
used for the commuter rail train station construction project.
Motion was made to approve the resolution approving the Fiscal Year 2016-2017 Budget.
Motion: Coy
Second: Spencer
Ayes: Tate, Spencer, Coy, Halliburton, and Kercheval
Nays: None
Approved: 5-0
RESOLUTION NO. 4B 2016-01
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,
2016 AND ENDING SEPTEMBER 30,2017; PROVIDING FOR
INVESTMENT OF CERTAIN FUNDS AND PROVIDING AN
EFFECTIVE DATE
Item 3. Consider the minutes of the September 15, 2015 Grapevine 4B Economic
Development Corporation meeting and take any necessary action.
City Secretary Tara Brooks recommended approval of the minutes from the September 15,
2015 meeting.
Motion was made to approve the minutes as presented.
Motion: Spencer
Second: Halliburton
Ayes: Tate, Spencer, Coy, Halliburton, and Kercheval
Nays: None
Approved: 5-0
ADJOURNMENT
Motion was made to adjourn the meeting at 7:32 p.m.
Motion:
Spencer
Second:
Coy
Ayes:
Tate, Spencer, Coy, Halliburton, and Kercheval
Nays:
None
Approved:
5-0
Passed and approved by the Grapevine 4B Economic Development Corporation of the City
of Grapevine, Texas on this the 13th day of September, 2017.
William D. Tate
President
4B Board September 6, 2016 Page 2
ATTEST:
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Tara Brooks z ,
City Secretary
4B Board September 6, 2016 Page 3