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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Economic Development Corporation Agenda status: Final
Meeting date/time: 12/14/2011 7:00 PM Minutes status: Draft  
Meeting location: City Hall
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
11-0583 2 Election of President and Vice-PresidentAgenda ItemConsider and take action regarding Sachse Economic Development Corporation Board elections for President and Vice-President. Executive Summary The Executive Officers of the corporation shall be a President and a Vice-President, all of whom shall be elected by and subject to the control of the Board of Directors.   Not available Not available
11-0584 1 Consider and take action on minutes of the Sachse Economic Development Corporation meeting for November 9, 2011.Agenda ItemConsider and take action on minutes of the Sachse Economic Development Corporation meeting for November 9, 2011. Executive Summary The minutes of the regular scheduled Sachse Economic Development Corporation Board meeting of November 9, 2011 included as an attachment.   Not available Not available
11-0585 1 Reports and PresentationsAgenda ItemReports and Presentations Executive Summary President, Vice-President and Executive Director will report on topics for information purposes.   Not available Not available
11-0586 1 Terri Adkisson PresentationAgenda ItemPresentation by Terri A.G. Adkisson, Consulting on Strategic Sustainable Growth for People, Companies & Communities. Executive Summary This presentation is for information purposes only on one area of funding for large scale community projects.   Not available Not available
11-0587 1 Budget SummaryAgenda ItemConsider and take action on Sachse Economic Development Financial Report. Executive Summary The monthly Budget to Actual report as downloaded from In-code is provided as an attachment.   Not available Not available
11-0588 1 Sachse Historical Society Grant RequestAgenda ItemConsider and take action regarding a funding request for a project for the Sachse Historical Society, to expand space, build a storage facility, and restore a section of the Sachse Historical Museum, in an amount not to exceed $14,758. Executive Summary The Sacseh Historical Society is requesting funds to expand space, build a storage facility, and resotre a sectionof the Sachse Historical Museum, in an amount not to exceed $14,758.   Not available Not available
11-0589 1 Convene Executive SessionAgenda ItemConvene Executive Session pursuant to the provisions of Texas Government Code Section 551.087: Deliberation regarding economic development negotiations - Sachse Historical Society request. Executive Summary Convene Executive Session to discuss or deliberate the offer of a financial or other incentive to Sachse Historical Society.   Not available Not available
11-0590 1 Convene into Open SessionAgenda ItemConvene into open session to consider and take action as a result of Executive Session. Executive Summary Consider and take action as a result of Executive Session.   Not available Not available
11-0591 1 Tax Abatement Guidelines and CriteriaAgenda ItemConsider and take action regarding Guidelines and Criteria for Tax Abatement and Economic Development Incentive Program adopted by the City. Executive Summary The Guidelines and Criteria for Tax Abatement and Economic Development Incentives Program adopted by the City are effective for two years from the date adopted.   Not available Not available
11-0593 1 Termination AgreementAgenda ItemConsider and take action regarding the approval of a Termination Agreement by and among the City of Sachse, the Sachse Economic Development Corporation, Inspired Development, LLC and Ryan & Company. Executive Summary This agreement terminates the agreement to operate and manage an office in the City Retail Concentration Center for the consummation of the sale of Taxable Items in the City; and by contract will assist the Company in restructuring the operations of retailers in that regard; and the Company and Developer have advised the Grantors that a contributing factor that would induce the Company to locate its sales tax activities in the City which will generate local sales tax revenues for the City, would be an agreement by the Grantors to provide an ecnomic development grant to the Company.   Not available Not available
11-0594 1 Future agenda items.Agenda ItemFuture agenda items. Executive Summary The Board submits items for future agendas.   Not available Not available