NOVEMBER 25, 1991
MINUTES OF THE REGULAR MEETING
THE BOARD OF DIRECTORS
SCHERTZ DEVELOPMENT FOUNDATION, INCORPORATED
The regular meeting of the Board of Directors of the Corporation
was held at the Municipal Conference Room, 1400 Schertz Parkway,
Schertz, Texas on the 25th day of November 1991, at 7:00 o'clock
p.m.
The following Directors of the Corporation, being a
Directors of the Corporation, were present and
throughout the meeting:
quorum of the
participated
Charles McDonald, President
Tom Weaver, Vice President
Jim Shriver, Secretary/Treasurer
Mark Marquez, Executive Director
Charles McDonald, President, served
and Jim Shriver, Secretary/Treasurer
meeting.
as Chairman of the meeting
served as Secretary of the
The Minutes of the preceding meeting of the Board of Directors
held on the 16th day of October 199i were read and adopted.
A discussion was held on opening the Corporation checking account
at the Schertz Bank and Trust, 519 Main Street, Post Office Box
800, Schertz, Texas 18154. A motion was duly made, seconded and
unanimously carried to authorize Charles McDonald, President;
Jim Shriver, Secretary/Treasurer; and Mark Marquez, Executive
Director, to sign a Corporate Authorization Resolution with the
bank and open the checking account. Upon motion duly made,
seconded, and unanimously carried, a copy of the Resolution was
ordered filed with these Minutes of the meeting. Jim Shriver
advised the Board that the Corporation received a $100.00
contribution from the Schertz Business Club and that these funds
will be used to open the account. Mark Marquez advised the Board
that the City of Schertz would be receiving a $5,000.00 grant
from Southwestern Bell Telephone in the near future and that
these funds would also be available for deposit into the account.
A discussion was held on the short-term and long-term goals of
the Corporation. Upon motion duly made, seconded, and
unanimously carried, the following goals were established:
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a. Short-Term Goals:
1.
$50,000.00.
Fund raising - in the range of $40,000.00 to
2. Upon the availability of funds - a Small Business
Grant Program.
3. Beautification of the city.
b. Long-Term Goals:
1. Land Bank Program.
2. Specialty Building Program.
A discussion was held relative to the Committees that would be
required. Upon mot Ion dUly made, seconded, and unanimously
carried, the following Committees were established and the
Directors Indicated were appointed to serve as Chairperson of the
Committees:
a. Fund Raising Committee - Lewis Borgfeld, Chairperson.
b. Grant Writing Committee - Jim Shriver, Chairperson.
c. Long Range Planning Committee - Mark Marquez,
Cha I rperson.
A discussion was held as to whether the Corporation should send a
letter to local businesses requesting contributions to the
Corporation. Upon motion duly made, seconded, and unanimously
carried, the President will send a letter to local businesses
requesting contributions. Jim Shriver agreed to prepare a draft
of the letter and present It at the next meeting.
Upon motion duly made, seconded, and unanimously carried,
determined that the next regular Board meeting would be
January 27, 1992 in the Municipal Conference Room at 7:00
it was
held on
p.m.
There being
duly made,
adjourned.
no further business before the meeting, on motion
seconded and unanimously carried the meeting was
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Da t ed:
y 27, 1992
/.
McDonald, President
~~
Tom Weaver, Vice President
Mark Marquez
Executive Director
The following documents have been appended to these Minutes:
Appendix:
1.
i991.
Corporate Authorization Resolution dated November 25,
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