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October 13, 1994 The Schertz Development Commission convened in Regular Session on Thursday, October 13, 1994 at 7:00 p.m. in the Municipal Complex conference room, 1400 Schertz Parkway, Schertz, Texas. MEMBERS PRESENT: MEMBERS ABSENT: Lew Borgfeld Bob Vallance Charles McDonald Mary Marsh Wanda Jean Sweatt Jackie Jones Harry Richburg Juan Thorn Bruce Hammersla Merwin Willman Tony Moreno STAFF PRESENT: Kerry Sweatt, City Manager Mark Marquez, Coordinator Dolores Butler Recording Secretary 1. CALL TO ORDER Chairman Borgfeld called the meeting to order at 7:00 p.m. 2. APPROVAL OF MINUTES (8/25/94) W. J. Sweatt made a motion to approve the minutes as read, Harry Richburg seconded and the motion carried unanimously. 3. REVIEW/DISCUSSION - PHH FANTUS METROCOM ECONOMIC DEVELOPMENT STUDY Mark Marquez handed out the bound study and highlighted areas of interest and concern, suggesting commission members review at their leisure and make any comments, suggestions, recommendations, etc. at a future meeting. 4. REVIEW/DISCUSS TAX ABATEMENT GUIDELINES & CRITERIA Included in the meeting packet was a copy of guidelines and criteria with changes/reductions of percentages in capital investment and job creation criteria; existing business retention provisions; and Enterprize Zone criteria. Charles McDonald made a motion to accept the Tax Abatement Guidelines and Criteria as written and proceed to City Council for approval. W.J. seconded the motion and the vote was as follows: Ayes Nays Charles McDonald Harry Richburg W.J. Sweatt Bruce Hammersla 5. COMMITTEE REPORTS Business Appreciation Dinner - W.J. reported a huge success this year. 6. STAFF DIRECTOR COMMENTS Mr. Sweatt advised commission members of the upcoming proposed bond issue for facility improvements. The election could take place in May, August, or November, 1995. The 1/2 cent sales tax election for economic development and ad valorem tax relief could be as early as January, 1995. 7. SET NEXT MEETING DATE The next meeting will be November 10, 1994. 8. ADJOURNMENT With no further business, the meeting was adjourned at 9:35 p.m. Lewis Borgfeld Lucinda Fitzpatrick Chairman Recording Secretary