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MAY 25, 1993 SCHERTZ DEVELOPMENT FOUNDATION MAY 25, 1993 M I NUT E S THOSE PRESENT: THOSE ABSENT: Lewis Borgfeld Jack Garber Mark Marquez Kerry Sweatt Charles McDonald Tom Weaver 1. President McDonald being absent, the Secretary-Treasurer, Jack Garber, established that a quorum was present and called the meeting to order at 7:05 p.m. 2. Minutes of the previous meeting, March 22, 1993: a. The minutes were approved with one correction: Tom Weaver should be among those listed as present at the meeting. b. Reference paragraph 4: Mr. Borgfeld suggested that a check be made on the necessity and procedure for calling a meeting of all property owners on architectural and property appearance standards. Mr. Sweatt agreed and said they would research the issue. 3. Treasurer's Report a. Jack Garber reported a balance of $4,580.06 in the checking account as of April 30, 1993. b. Mark Marquez reported that CPS has contributed to the foundation, part of which is intended used for the Commercial Brokers Open House. $1000 to be c. Mark also paragraph corporate clear. reported that the audit was complete (see 7 below), and that the foundation's status and IRS files were now current and 4. A motion was made and approved to grant $500 to Business Association toward their fireworks program July 4th. Mark pointed out that the foundation contributed to this in the past and that it is a event for the citizens of Schertz. the on has key SDF Minutes - May 25, 1993 Page 2 5. Proposal by Mr. Walter Scott, the Area Manager for GVEC, to build a "spec" building in Schertz Business Park was tabled for later discussion at a luncheon meeting with Mr. Scott and the board members. Mark said he would make arrangements for the meeting. 6. Mark discussed plans for the foundation to host a Commercial Brokers Open House. His thoughts included a luncheon at Northcliffe Country Club during which some short presentations would be made and a book distributed which would list available commercial properties and their major features. The highlight of the event would be the chance for the brokers to learn about the city of Schertz and to make face-to-face contacts with key people in the city administration, as well as with listing brokers and property owners. Mark anticipates spending about $1000 for the luncheon and professionally bound book. The board gave Mark approval to continue with his plans. 7. The Audit Report was reviewed and accepted by the board. 8. Executive Director Mark Marquez updated the board on recent activity (see enclosed Economic Development Task Force Information/Activity Report No. 14, dated May 18, 1993). Mr. Sweatt commented that we might expect about 1000 new homes to be built in the city within the next year or so, so our current trends and demographics are definitely improving. 9. The next formal meeting of the board was tentatively set for Monday, June 28, at 7:00 p.m. 10. The meeting adjourned at 8:25 p.m. Respectfully submitted: JACK GARBER Secretary-Treasurer Approved: CHARLES MCDONALD Chairman Encl: May 18, 1993 Information/Activity Report No. 14