Minutes 1/10/22

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

MONDAY, JANUARY 10th, 2022

6:00 PM

The Tye Economic Development and the Tye Industrial Development Corporations met for a Regular Called meeting on Monday, January 10th, 2022, at 6:00 pm, at 649 Scott Street, Tye, Texas 79563.

  1. Call to Order – Danette Dunlap President of the Board of the Tye Industrial/Economic Development Corporations called the meeting to order at 6:00 pm.

Members present – Danette Dunlap, Ken Arnold, Kenny Dry, Barbara Kotrlik, Vada Childers, Janie Ritter

Members absent – George Deffenbaugh

 

Others Present – City Secretary Rita Monterrosa, Lena Minor, Mary McCarty, Marie McCarty

 

  1. Invocation – Given by Barbara Kotrlik.

 

  1. Public Comment – 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. Citizens speaking time may not exceed three (3) minutes without the consent of the Board of Directors. – No Comments

 

  1. Discuss and Consider: Approval of joint minutes for both TEDCO and TIDCO from December 13th, 2021, and December 21st, 2021.

Motion made by Kenny Dry to approve the joint minutes for both TEDCO and TIDCO from December 13th, 2021, and December 21st, 2021. Ken Arnold seconded the motion. Motion carried.

 

  1. Discuss and Consider: Approval of financials for both TEDCO and TIDCO for December 2021.

 

Motion made by Vada Childers to approve the financials for both TEDCO and TIDCO for December 2021. Janie Ritter seconded the motion. Motion carried.

 

  1. Discuss and Consider: ATX Auctions departing the Small Business Incubator on January 31st, 2022.

 

Staff presented a letter to the board from ATX Auctions regarding their intention of departing the Small Business Incubator on 1/31/22. Staff explained that their lease does not end until 6/30/22 and that their lease agreement has several early termination clauses that may be applicable to ATX Auctions.

 

The boards decided that an Executive Session was necessary according to Texas Government Code Section 551.071 (Consultation With Attorney – By Phone), Section 551.072 (Deliberations About Real Property), and Section 551.087 (Economic Development).

 

President Danette Dunlap announced that the boards were entering Executive Session at 6:10 PM. It was announced that the boards came back into Open Session at 6:40 PM. No Votes of action were taken in Executive Session.

 

Mary McCarty and Lena Minor briefly spoke about their decision to leave the Small Business Incubator and their need for more space.

 

The boards decided that an Executive Session was necessary according to Texas Government Code Section 551.071 (Consultation With Attorney – By Phone), Section 551.072 (Deliberations About Real Property), and Section 551.087 (Economic Development).

 

President Danette Dunlap announced that the boards were entering Executive Session at 6:47 PM. It was announced that the boards came back into Open Session at 7:10 PM. No Votes of action were taken in Executive Session.

 

Motion made by Kenny Dry to accelerate all rent fees applicable to ATX Auctions payable by March 1st, 2022, or to continue all rent fees applicable to ATX Auctions on a month-to-month basis until the end of the lease agreement on June 30th, 2022, with the provision that rent will be forgiven if the boards are able to obtain another renter for the warehouse. Barbara Kotrlik seconded the motion. Motion carried.

 

  1. Adjournment: Motion made by Vada Childers to adjourn at 7:15 PM. Ken Arnold seconded the motion. Motion carried.

 

__________________________                                                ______________________________

Danette Dunlap/President                                                                      Cody Ellis/CEO

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(325) 695-8253
649 Scott St. • Tye, Tx 79563
PO Box 125 • Tye, TX 79563
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