McKinney Economic Development Corporation
Regular MeetingMcKinney, TX · November 15, 2016
Minutes
CITY OF McKINNEY, TEXAS
Minutes - Final
Tuesday, November 15, 2016
8:00 AM
Council Chambers
222 N. Tennessee Street
McKinney, Texas 75069
McKinney Economic Development Corporation
McKinney Economic Development Minutes - Final November 15, 2016
Corporation
PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.002, A QUORUM OF
THE CITY COUNCIL MAY BE PRESENT. NO CITY COUNCIL ACTION WILL BE
TAKEN.
CALL TO ORDER
Election of Officers
CONSENT ITEMS
This portion of the agenda consists of non-controversial or housekeeping items
required by law. Items may be considered individually by the Board or Commission
member making such request prior to a motion and vote on the Consent Items.
Minutes of the McKinney Economic Development Corporation Meeting
of October 18, 2016
A motion was made by Denny, seconded by Clark,that this Minutes be
Approved and Referred . The motion carried by the following vote.
REPORTS
Board and Liaison Updates
Board Chair
City of McKinney
MCDC
MCVB
McKinney Chamber
McKinney Airport/McKinney Air Center
Consider/Discuss MEDC Staff Monthly Reports
Update on October Financials
DISCUSSION ITEMS
The WERX Update
REGULAR AGENDA
Consider/Discuss/Act on 2016 MEDC Bond Refunding
A motion was made by Chen, seconded by Merritt,that this Resolution - MEDC
be Approved . The motion carried by the following vote.
CITY OF McKINNEY, TEXAS Page 1
McKinney Economic Development Minutes - Final November 15, 2016
Corporation
Consider/Discuss/Act on a License Agreement with the Mario Sinacola
Companies Regarding Approximately 4-5 Acres of MEDC Property at
the Intersection of SH 5 and Old Mill Road for the Limited Use as a
Construction Storage and Staging Area for TXDOT’s FM 546
Relocation Project
A motion was made by Sipiora, seconded by Chen,that this Agenda Item be
Approved . The motion carried by the following vote.
CITIZEN COMMENTS
BOARD OR COMMISSIONER COMMENTS
Board or Commission Comments relating to items of public interest: Announcements
regarding local or regional civic and charitable events, staff recognition,
commendation of citizens, upcoming meetings, informational update on projects,
awards, acknowledgement of meeting attendees, birthdays, requests for items to be
placed on upcoming agendas, and condolences.
EXECUTIVE SESSION
In Accordance with the Texas Government Code:
A. Section 551.071 (2). Consultation with City Attorney on any Work Session, Special
or Regular Session agenda item requiring confidential, attorney/client advice
necessitated by the deliberation or discussion of said items (as needed) and legal
consultation on the following item(s), if any:
B. Section 551.087. Deliberation Regarding Economic Development Matters
-Gateway
-Project A144-Red River
-Project A161-3-Tab
-Project A158-Terra
-The WERX Foundation, Inc.
ACTION ON EXECUTIVE SESSION
A motion was made by Merritt, seconded by Chen,that this be Approved . The
motion carried by the following vote.
ACTION ON EXECUTIVE SESSION
ACTION ON EXECUTIVE SESSION
A motion was made by Clark, seconded by Chen,that this be Approved . The
motion carried by the following vote.
CITY OF McKINNEY, TEXAS Page 2
McKinney Economic Development Minutes - Final November 15, 2016
Corporation
ADJOURN
A motion was made by Merritt, seconded by Clark,that this be Adjourn . The
motion carried by the following vote.
Posted in accordance with the Texas Government Code, Chapter 551, on the 11th
day of November, 2016 at or before 5:00 p.m.
___________________________
Darrell W. Auterson
President
Accommodations and modifications for people with disabilities are available upon
request. Requests should be made as far in advance as possible, but no less than 48
hours prior to the meeting. Call 972-547-2694 or email
contact-adacompliance@mckinneytexas.org with questions or for accommodations.
CITY OF McKINNEY, TEXAS Page 3
Agenda
McKinney Economic Development
Corporation
Agenda
Tuesday, November 15, 2016 8:00 AM Council Chambers
222 N. Tennessee Street
McKinney, Texas 75069
PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.002, A QUORUM
OF THE CITY COUNCIL MAY BE PRESENT. NO CITY COUNCIL ACTION WILL
BE TAKEN.
CALL TO ORDER
16-1149 Election of Officers
CONSENT ITEMS
This portion of the agenda consists of non-controversial or housekeeping items
required by law. Items may be considered individually by the Board or Commission
member making such request prior to a motion and vote on the Consent Items.
16-1150 Minutes of the McKinney Economic Development
Corporation Meeting of October 18, 2016
Attachments: Minutes
REPORTS
16-1151 Board and Liaison Updates
Board Chair
City of McKinney
MCDC
MCVB
McKinney Chamber
McKinney Airport/McKinney Air Center
Attachments: MCVB Report
16-1152 Consider/Discuss MEDC Staff Monthly Reports
McKinney Economic Development Corporation Page 1 Printed on 11/11/2016
McKinney Economic Development Agenda November 15, 2016
Corporation
Attachments: President Report
Executive Vice President Report
Director of BREP Report
Director of Business Development Report
16-1154 Update on October Financials
DISCUSSION ITEMS
16-1153 The WERX Update
REGULAR AGENDA
16-1155 Consider/Discuss/Act on 2016 MEDC Bond Refunding
Attachments: MEDC Refunding
Bond Resolution
16-1156 Consider/Discuss/Act on a License Agreement with the Mario
Sinacola Companies Regarding Approximately 4-5 Acres of
MEDC Property at the Intersection of SH 5 and Old Mill Road
for the Limited Use as a Construction Storage and Staging
Area for TXDOT’s FM 546 Relocation Project
Attachments: MEDC Concept Property Map
CITIZEN COMMENTS
BOARD OR COMMISSIONER COMMENTS
Board or Commission Comments relating to items of public interest: Announcements
regarding local or regional civic and charitable events, staff recognition, commendation
of citizens, upcoming meetings, informational update on projects, awards,
acknowledgement of meeting attendees, birthdays, requests for items to be placed on
upcoming agendas, and condolences.
EXECUTIVE SESSION
McKinney Economic Development Corporation Page 2 Printed on 11/11/2016
McKinney Economic Development Agenda November 15, 2016
Corporation
In Accordance with the Texas Government Code:
A. Section 551.071 (2). Consultation with City Attorney on any Work Session, Special
or Regular Session agenda item requiring confidential, attorney/client advice
necessitated by the deliberation or discussion of said items (as needed) and legal
consultation on the following item(s), if any:
B. Section 551.087. Deliberation Regarding Economic Development Matters
-Gateway
-Project A144-Red River
-Project A161-3-Tab
-Project A158-Terra
-The WERX Foundation, Inc.
ACTION ON EXECUTIVE SESSION
ADJOURN
Posted in accordance with the Texas Government Code, Chapter 551, on the 11th day
of November, 2016 at or before 5:00 p.m.
___________________________
Darrell W. Auterson
President
Accommodations and modifications for people with disabilities are available upon
request. Requests should be made as far in advance as possible, but no less than 48
hours prior to the meeting. Call 972-547-2694 or email
contact-adacompliance@mckinneytexas.org with questions or for accommodations.
McKinney Economic Development Corporation Page 3 Printed on 11/11/2016
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