MEDA leaders said the group would join the suit as a plaintiff. They hired R. Gaines Griffin of Davidson and Troilo of San Antonio as counsel for the action.
City attorney David Guerra said the MEDC has claims against MEDA just as the city does. No further elaboration on what the complaints were was given.
At their meeting this week, MEDC members also discussed next year’s budget and funding projects under the 2011-12 fiscal budget.
Two requests for funding included the City of Mission with a request for $500,000 and the Texas Citrus Fiesta with a request for $60,000.
No breakdown was provided on how the city planned to use the half million dollars it requested.
The Texas Citrus fiesta breakdown included $12,000 for advertising, $1,000 for office supplies, copies and postage, $43,000 for salaries, and $4,000 for out of town promotion of the fiesta through participation in the parades of other festivals.
A public hearing will be held on July 19 to approve the 2011-12 fiscal budget for MEDC.
In other action, the MEDC approved a one-month extension of a consultant contract with P3Economics through July 31. Consultant Alex Meade told board members he was working with several families from Mexico interested in starting businesses here.
Meade said he also had attended the International Convention of Shopping Centers held in May in Las Vegas along with Daniel Silva, Mayor Norberto “Beto” Salinas and City Manager Julio Cerda. Since the convention, a group of developers from the Houston area had contacted him about placing future projects in Mission.
The bylaws of MEDC were amended to convert one of the existing board member slots to a mayor position and to create an alternate to the mayor position. This will allow Salinas to become a voting member of MEDC. Councilman Ruben Plata was named to the alternate mayor position to serve if the mayor is unable to attend.
The MEDC budget for May showed a beginning fund balance of over $3.2 million. Revenues included $266,809.66 in sales tax, $15,410 in applications and annual fees, and interest of $789.41 for a total of $283,009.17. There were additional transfers in the amount of $31,976.06 for total revenues of $3,564,208 70.
Total expenditures amounted to $46,865.48 leaving an ending fund balance of $3,285,367.16.
Total assets stood at $3,492,445.24 while liabilities and fund balance amounted to $4,492,445.24.
The sales tax comparison showed Mission’s annual sales tax revenues from October 2010 through April 2011 had increased by 4.98 percent. This increase ranked behind Pharr with a 19.79 percent increase and Weslaco with a 6.68 percent increase among Rio Grande Valley cities.
Looking at sales tax growth among larger cities in the state Mission’s 4.98 percentage of sales tax growth was larger than that of Houston with 4.59 percent or Austin with 2.34 percent but was lower than San Antonio with 6.23 percent or Laredo with 14.43 percent.blog comments powered by Disqus