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OCTOBER 29, 1998 SCHERTZ DEVELOPMENT FOUNDATION BOARD OF DIRECTORS MEETING MINUTES October 29, 1998 - 8:00 a.m. Denny's Restaurant ITEM # 1 CALL TO ORDER: Chairperson Jackie Jones called the meeting of the Schertz Development Foundation Board of Directors to order at 8:45 a.m. Those present: Staff Jackie Jones Don Jeffreys Roy Richard John Sheridan Mark Marquez-Executive Director Teresa Prigmore-Recording Secretary ITEM #2 REVIEW/ACTION ON PLANS FOR MR. REID (LOT 19): Board members reviewed and discussed Mr. Reid's plans for Lot 19. With the stipulation that Mr. Reid satisfies all requirements for planning and zoning as well as inspection, Mr. Jeffreys moved to approve Mr. Reid's plans. Mr. Sheridan seconded and the motion carried unanimously. ITEM #3 REVIEW/ACTION ON SALE AND PURCHASE AGREEMENTS FOR MSSRS OLSEN AND HUNT (LOTS 7 & 8): Board members reviewed and discussed the sale and purchase agreements for Lots 7 and 8. Mr. Jeffreys moved to approve sale of the lots to Mssrs Olsen and Hunt. Mr. Sheridan seconded. Three yea votes and one abstention by Mr. Richard carried the motion. ITEM #4 REVIEW/ACTION ON PLANS FOR MSSRS OLSEN AND HUNT (LOTS 7 & 8): Board members reviewed and discussed the Mssrs Olsen and Hunt's plans for Lots 7 and 8. Mr. Jeffreys moved for approval of Mssrs Olsen and Hunt's plans. Mr. Sheridan seconded. Three yea votes and one abstention by Mr. Richard carried the motion. ITEM #5 REVIEW/ACTION ON RESOLUTION 98-4, DONATION TO SCHERTZ FLOOD RELIEF: Board members discussed the resolution to donate $5,000 to the Schertz Flood Relief fund. Mr. Jeffreys moved to approve the confirmation of expenditure resolution. Mr. Sheridan seconded the motion. Three yea votes and one abstention by Mr. Richard carried the motion. 1 ITEM #6 REVIEW/ACTION ON RESOLUTION 98-5, DONATION TO EMPLOYEE FLOOD RELIEF: Board members discussed the resolution to donate $2,000 to the Employee Flood Relief fund. Mr. Jeffreys moved to approve the confirmation of expenditure. Mr. Richard seconded. Three yea votes and one abstention from Ms. Jones carried the motion. ITEM #7 OLD BUSINESS: There was no old business. ITEM #8 NEW BUSINESS: Mr. Marquez stated that he and Mr. Pitzer had discussed the possibility of a joint marketing program after the first of the year. ITEM #9 COMMENTS BY BOARD MEMBERS: There were no comments from board members. ITEM #10 COMMENTS BY EXECUTIVE DIRECTOR: There were no comments from the executive director. ITEM #llCOMMENTS BY CHAIRPERSON: There were no comments from the chairperson. ITEM # 12 ADJOURN: Mr. Richard moved to adjourn the meeting at 9:15 a.m. Mr. Marquez stated that he would contact board members to schedule the next meeting as necessary. ~~!v1b::: Ch..h .,_Bell , / ' f" /' 1 v 1Ce._AJ1~ "d e A Mr2 t( Pn, dhvT19 Teresa Prigmor Recording Secretary 2 --""'-~"---"'..._-_._--_.__. . - "-"'-"--"---'-'-~-"-'-'-'-'----~"-'--'---'-'-'------~------,------------