McKinney Community Development Corporation

Regular Board Meeting

March 26, 2009

     The McKinney Community Development Corporation (MCDC) met in regular session in the Dowdy conference room located at 321 N. Central Expressway, Suite 200, McKinney, Texas, at 8:00 A.M. on March 26, 2009.

     Board members present were Chair Ray Eckenrode, Vice-chair Bill Campbell, Dr. Carrie Alfieri, David Melton, Tracy Rath, T.J. Lane and Joe Maxey.  Staff present was Executive Director Mike Gibson and Administrative Assistant Connie Gibson.

     There were several guests present.

     Mr. Eckenrode called the meeting to order at 8:00 A.M.  Mr. Eckenrode asked for discussion and action on the board minutes of February 26, 2009.  Mr. Lane made two clarifications on the minutes.  With the two changes, Carrie Alfieri made a motion to approve the minutes.  Bill Campbell seconded the motion.  The motion passed unanimously (7-0).

     A financial report was given by Jason Weeks.  He stated that the sales tax receipts for the month of February was $952,014.  This was up only 3.8% from February, 2008.  The sales tax charts are forecasting around eight million dollars for the year. 

     The public hearing for Application #09-01 from North Texas History Center had been removed from the agenda.

     Next on the agenda was a discussion on a joint community and training room with MCDC, MEDC, MCVB and Chamber of Commerce.  MEDC and MCDC have 21/2 years left on their lease.  MCVB has 6 months remaining on their lease.  The questions for consideration were 1) Is MCDC interested in going in with the Chamber? 2) Is MCDC interested in building? 3) Would MCDC be interested in funding a community room for meetings?  David Melton made the suggestion to defer the discussion until the Chamber gets new leadership in place.

     Mike Gibson gave the Executive Directors report.  He went over the weekly report that is being sent to the board. 

     The liaison reports were given next.  There was no Parks report given.  Dr. Alfieri and David Pitstick gave the MEDC report.  John Deere is building a 20 million dollar facility.  MEDC gave an incentive for that.  Several other small projects are in the works.  Raytheon continues to do well.  Negotiations continue with a prospect associated with the Gateway project.  The development of Highway 546 will run south of the airport and eventually tie in with Highway 380.  Discussions are going on regarding road development around the airport.    Bill Campbell gave the Chamber report.  The Chamber Good Morning McKinney was successful.  The Chamber Golf Classic is coming up in May.

     There were no citizen comments.

     Chair Eckenrode called the meeting into Executive Session at 8:30 A.M.

     The meeting was called back into Open Session at 9:03 A.M.

     Joe Maxey made a motion to direct Mr. Gibson to take necessary actions under the HDA to protect the interests of the board pursuant to the conversations held in closed session.  The motion was seconded by David Melton.  The motion was voted on and passed unanimously (7-0).

     David Melton made a motion to adjourn.  The motion was seconded by Bill Campbell.  The motion passed unanimously (7-0).

     The meeting was adjourned at 9:06 A.M.

                                                                        ____________________________________

                                                                           RAY ECKENRODE – Chairman

Attest:

________________________________

Connie Gibson – Board Secretary