McKinney Community Development Corporation

Special Board Meeting

November 3, 2009

The McKinney Community Development Corporation (MCDC) met in Special Session in the Dowdy boardroom located at 321 North Central Expressway, Suite 200, McKinney, Texas, at 8:00 a.m. on November 3, 2009

            Board members present were Chair Ray Eckenrode, Vice-chair Bill Campbell, Tracy Rath, T.J. Lane, Jason Burress, George Fuller, Kevin Griffin, and council liaison Geralyn Kever.  Staff present was Administrative Assistant Connie Gibson.

            Attorney Jeff Moore, and Mike and Julie Gibson were present.

            Mr. Eckenrode called the meeting to order at 8:02 a.m.  He then called the meeting immediately into Executive Session.

            The meeting was called into Open Session at 8:22 a.m.

            Mr. Eckenrode called for a break at 8:23 a.m.

            The meeting was called back into session at 8:25 a.m.

            Mr. Gibson spoke to the board.  He expressed gratitude to the board for the opportunity to work for MCDC.  He clarified some points on the settlement agreement.  Mr. Eckenrode stated he would entertain a motion regarding the agreement.  Kevin Griffin made a motion approving the Settlement Agreement and Mutual Release of Claims between the City, MCDC and Mike Gibson as presented, with Mike Gibson’s revisions, and authorizes the Chairman, Ray Eckenrode, to be a signatory on MCDC checks, and other necessary documents during the interim period while the MCDC is without an executive director.  Bill Campbell seconded the motion.  The motion was voted on and passed unanimously (7-0).

            Board comments were made.  Ray Eckenrode stated that he felt that Mr. Gibson was a fine individual, and appreciated knowing him.  He thanked him for serving.  T.J. expressed appreciation to Mr. Gibson. 

            Tracy Rath made a motion to adjourn.  The motion was seconded by George Fuller.  The motion passed unanimously (7-0).

            The meeting was adjourned at 8:35 a.m.

                                                                        _____________________________________

                                                                                    RAY ECKENRODE – Chairman

Attest:

________________________________

     Connie Gibson – Board Secretary