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HomeMy WebLinkAbout06-23-03 4A MinTOWN OF WESTLAKE, TEXAS MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE WESTLAKE 4A CORPORATION June 23, 2003 Present: Bill Greenwood, Chairman Elton Haynes, Vice Chairman Scott Bradley, Member Fred Held, Member Trent Petty, Town Manager Stan Lowry, Town Attorney Ginger Crosswy, Town Secretary Absent: David Loeser, Member Westlake, Texas Item #1: Chairman Greenwood called the meeting to order at 6:45 p.m. by announcing a quorum consisting of Mr. Haynes, Mr. Bradley, Mr. Held and himself. Item #2: Review and approve minutes of the meeting held on May 12, 2003. There was a motion by Mr. Held, seconded by Mr. Haynes, to approve the minutes as presented. There was no discussion and the motion carried unanimously. Item 43: Conduct a Public Hearing to consider a grant to the Town totaling $221,000.00 to purchase a 2.03 acre tract at the NW corner of US 377 and US 170 and to amend the 2002/03 budget, in furtherance of the economic development projects of the Town as authorized in Section 4A of the Texas Revised Civil Statutes, Ann. Sec. 5190.6. Mr. Petty told the Board that due to new legislation regulating the areas where 4A funds may be used, staff is recommending this item be tabled pending additional information from the Town's attorney and the Texas Economic Development Council. There was a motion by Mr. Held, seconded by Mr. Haynes, to table this item. After a short discussion the motion carried unanimously. Item 44: Motion by Mr. Bradley, seconded by Mr. Held, to adjourn. The motion carried unanimously. The meeting was adjourned at 6:55 p.m. Approved on October 11, 2004. ATTEST: Ginger Crosswy, Town Secretary William E. Greenwood, Chairman http://www.westlake-tx.org/agendas/4amO62303.htm 10/13/2004