Agendas & Minutes

Minutes 10/15/24

11/8/2024

MINUTES OF THE JOINT REGULAR MEETING OF THE TYE ECONOMIC DEVELOPMENT CORPORATION AND THE TYE INDUSTRIAL DEVELOPMENT CORPORATION, TYE, TEXAS

TUESDAY, OCTOBER 15^th, 2024

6:00 PM

The Tye Economic Development Corporation and the Tye Industrial Development Corporation met for a Regular meeting on Tuesday, October 15^th, 2024, at 6:00 PM, at 649 Scott Street, Tye, Texas 79563 in Suite 111.

1. Call to Order: – George Deffenbaugh, President of the Board of the Tye Economic/Industrial Development Corporations called the meeting to order at 6:00 PM.

 

Members Present – George Deffenbaugh, Janie Ritter, Barbara Kotrlik, Linda Parsons, Dannelle Flippo, Ken Arnold

 

Members Absent – Amye Amerine

 

Others Present – CEO Cody Ellis, City Secretary Maria Franco (6:04 PM)

 

2. Invocation: – Given by Barbara Kotrlik.

 

3. Visitor/Citizen Comments: – At this time, any person with business not scheduled on the agenda may speak to the Board of Directors. No formal action can be taken on these items at this meeting. Speaking time may not exceed three (3) minutes without the consent of the Board of Directors.

 

None.

 

4. Discuss and Consider: Approval of the joint minutes for both TEDCO and TIDCO from September 9^th, 2024.

 

Motion made by Barbara Kotrlik to approve the joint minutes for both TEDCO and TIDCO from September 9^th, 2024. Linda Parsons seconded the motion. Motion carried.

 

5. Discuss and Consider: Approval of the financials for both TEDCO and TIDCO for September 2024.

 

Motion made by Janie Ritter to approve the financials for both TEDCO and TIDCO for September 2024. Ken Arnold seconded the motion. Motion carried.

 

6. Discuss and Consider: Adopting Resolution R-24-06 Budget Amendments for TEDCO and Resolution R-24-07 Budget Amendments for TIDCO for the 2023-2024 Fiscal Year.

 

Staff gave a brief explanation of the Budget Amendments for TEDCO and TIDCO for the previous Fiscal Year.

 

Motion made by Linda Parsons to adopt Resolution R-24-06 Budget Amendments for TEDCO and Resolution R-24-07 Budget Amendments for TIDCO for the 2023-2024 Fiscal Year. Dannelle Flippo seconded the motion. Motion carried.

 

7. Executive Session: The Boards reserve the right to adjourn into Executive Session at any time during the meeting to discuss any of the matters listed, as authorized by Texas Government Code Section 551.074 (Personnel Matters), Evaluation for Executive Director Cody Ellis – TEDCO & TIDCO

 

George Deffenbaugh announced that the Boards were entering into the Executive Session at 6:07 PM. It was announced that the Boards came back into Open Session at 6:30 PM. No votes or action were taken in the Executive Session.

 

8. Discuss and Consider: The Boards may take action regarding matters discussed in Executive Session.

 

Motion made by Barbara Kotrlik to raise the salary for the Executive Director, Cody Ellis, to $58,656.00 per year, beginning on January 1^st, 2025, and in accordance with the new United States Department of Labor salary requirements. Linda Parsons seconded the motion. Motion carried.

 

9. Executive Session: The Boards reserve the right to adjourn into Executive Session at any time during the meeting to discuss any of the matters listed, as authorized by Texas Government Code Section 551.072 (Deliberations About Real Property), Taylor Street Property, Original Town Tye, Block 8, Lot 23 – TEDCO

 

George Deffenbaugh announced that the Boards were entering into the Executive Session at 6:32 PM. It was announced that the Boards came back into Open Session at 6:43 PM. No votes or action were taken in the Executive Session.

 

10. Discuss and Consider: The Boards may take action regarding matters discussed in Executive Session.

 

Motion made by Janie Ritter to table this item, and direct Staff to coordinate with the Tye Church of Christ on this property. Barbara Kotrlik seconded the motion. Motion carried.

 

11. Discussion Only: Executive Director’s report regarding current projects.

 

Staff gave an update on the brand-new fiscal year.

 

Staff mentioned to the Board that Trunk or Treat will be held on Saturday, October 26^th at Rister Park.

 

Staff also gave updates on the new Turbo’s Liquor Store and the status of Potosi Live.

 

12. Adjournment: Motion made by Ken Arnold to adjourn at 7:00 PM. Dannelle Flippo seconded the motion. Motion carried.

 

__________________________                                                ______________________________

George Deffenbaugh/President                                                                  Cody Ellis/CEO