Town ofOak Valley 2211 Oak Valley Lane Corsicana, Texas 75110 November 12, 2024 MINUTES Inattendance Mayor Max Taylor. Aldermen - Randy Burkey, Norma Finnen, Kim Ogden, Kendall Walker and Leon Ward. Secretary - Kelli Burkey. Mayor Max Taylor called the meeting to order at 6:00 PM. Kendall Walker gave the invocation. Agenda: Review and Approval of Previous Town Hall Meeting Minutes: Minutes for October were reviewed and approved. Motion made to accept October Minutes by Randy Burkey and seconded by Kendall Walker. Motion carried and approved by majority vote. Financial Reports / Bills to be paid: Financial Reports were discussed and reviewed as follows: GENERAL ACCOUNT: 1. State Comptroller deposit $809.03 2. Interest deposit $4.65 3. Advertising Expense $1,150 - Transfer to Grant Acct to cover construction bid ads for grant work $1,100, NavCo Chronicle for Agenda ad $50. 4. Building Expense $1,952.04 - City Air Systems for Carrier ECM blower motor $1,745, NNO expense $124.54, Septic covers & restroom signs $82.50. 5. Building Insurance $2,507.82 - annual payment to TML. 6. Lawn Care $395.00 - October expense. 7. Legal - T.O.A.S.E. $2,887.50 - Annexation $1,925, General $962.50. 1 8. Library & Events $379.03 - NNO Jump House $146.13, Snow Cones $100.00, Food tems $132.90. 9. Ending balance for October $50,088.11. GRANT ACCOUNT: 1. TDA Deposits $1,100 - Transfer from General Acct to cover construction bid ads for grant work. 2. Ending balance for October, $26,047.88 MONEY MARKET ACCOUNT: 1. Interest Deposit $1.54 2. Ending balance for October, $7,269.81 Bills to be paid were discussed and reviewed as follows: GENERAL ACCOUNT: 1. Check for $100.00 to Kelli Burkey for November secretana/reasurer services. 2. Mowing - Simply Green Lawn Care & rrigation for $395.00 3. Corbet Water Supply electronic debit of $37.99 4. Think Energy electronic debit of $17.42 (security light account) 5. Think Energy electronic debit of $275.33 (building account) 6. Yahoo Mail Plus electronic debit of $5.00 (mail forwarding service) 7. T.O.A.S.E. Law Firm for $1,137.50 (Sept billing re: Annexation) 8. T.O.A.S.E. Law Firm for $437.50 (Oct billing re: Annexation) 9. 1.O.A.S.E. Law Firm for $31.25 (Oct billing re:Public Records Request) 10. ECW Lawn & Tree Service $2,100.00 (approved tree removal on Pin Oak) 11. City Air Services for $175.00 (service call for main unit) 12. Roman Sosa $1,100.00 (replace blower motor on main unit) Motion made to approve all Financial Reports by Norma Finnen and seconded by Kim Ogden. Motion carried and approved by majority vote. 2 Public Works Reports: Building & Permits: Leon Ward - No permits to discuss. Road & Bridges Report: Road Maintenance Update - Randy Burkey updated that per conversation with Commission David Brewer, the County is gathering material and equipment for the road work. Should start on Liberty Dr the week before Thanksgiving. However, they are having trouble finding a roller. They are also rechecking their contracted prices on road base and oil sand to see if they can get a better price. They plan to run both zippers for 1-2 days then bring in oil sand and spread. There are a couple of places where the potholes are getting worse but will probably be ok until the road work is done. Re-Building of Oak Valley Thoroughfares Update - Mayor Max Taylor mentioned that the tree on Pin Oak was taken down today and looks good. This should eliminate the water pooling in that area. Commerce Report: Planned Annexation Update, Mayor Max Taylor Max Taylor attended a zoom meeting with our attorney and four Riot members. Meeting was positive and the Riot representatives appeared open to getting the annexation done and didn't see any problems. Max will have our attorneys to touch base with them again to see where we stand. After the agreement is in place, the letters will go out to select landowners on the annexation path. We will also annex the right-of-ways with permission of the County and TXDOT. Max Taylor reviewed a handout of the potential services that Oak Valley could provide when franchise fees start to come in, emphasizing that we need to be smart with how we use the money. These are general grant ideas and we will need a process to manage these grants. So we need to work hard in the next 30 days to come up with a good plan and then when we sign with Riot Platforms we are prepared to send out those letters. 3 Max Taylor went on to talk about the timing of the annexation VS receipt of Oncor franchise fees. Timing could push receipt of franchise fees into 2026. Instead of delaying all services until then, we could possibly obtain a low interest gov't loan to begin offering some services sooner. Randy Burkey expressed that we should begin with services that would benefit the entire community i.e. improvements for the volunteer fire dept., etc. And Leon Ward expressed concern that we need to be slow about this until we start seeing money and not to over commit. Max agreed that it has to be money that we are guaranteed. Max Taylor mentioned, regarding the annexation, that we are not trying or wanting to change Corbet's name. Kathy Severn, Corbet resident, expressed concern regarding the annexation, saying that they did not want to be part of Oak Valley or have Oak Valley running through Corbet. Max emphasized that every landowner will have their own say. Kathy Severn mentioned that the proposed improvements would go on to raise property values to the point where it would price the lower income people out. Further discussion was held around what would and would not increase property values. Volunteer Fire Department Report: None Navarro County Sheriff's Dept. Report: None Oak Valley Ladies Night Out Report: Per Kim Ogden - There was a pumpkin painting class that had a good turnout. There may be something for later on this month but not sure. Kim recommended checking the Facebook pages for updates. Open Forum - N/A Meeting adjourned at 6:55 PM. Next meeting scheduled for December 10, 2024 4