In a special called meeting this morning (Monday), the Mission City Council voted unanimously to file an injunction against Mission Economic Development Authority, Inc. (MEDA). The purpose of the injunction would be to restrain the non-profit corporation from disposing of any of its assets. The council’s authorization also seeks an order for MEDA to convey all its assets to the City of Mission.
On March 28, the city council passed Resolution 1284 ordering MEDA to prepare an inventory of assets and to turn over all the corporation’s assets by May 15. While MEDA did furnish an inventory of assets, according to City Attorney David Guerra, the non-profit corporation formerly charged with conducting the city’s economic development activities, did not turn over those assets by May 15.
The motion approved today by the council, as worded by the city attorney, was to “authorize the enforcement of all claims that the City of Mission has against Mission Economic Development Authority, Inc., including, but not limited to, an injunction to restrain the disposal of assets of MEDA and also to order them to convey all assets they have to the City of Mission without consideration and to hire R. Gaines Griffin, attorney with the law firm of Davidson & Troilo to undertake that task.”
After the meeting, the city attorney clarified the action by the city.
Guerra said, “The [claims] we are thinking about in particular right now is Resolution 1284, the enforcement of the mandates of that resolution, which says they were directed by the city council to transfer all of their assets to the City of Mission by May 15, which was yesterday. So that’s in particular what we’re talking about. They did not respond. We’re concerned; we want to make sure that they don’t dispose of those assets and that they are conveyed to the city. That’s the meat of the claims, but anything else that may arise or that’s arisen and we haven’t thought of. That’s enforcement of it all.”
Before adjourning the brief one-agenda-item meeting, Mayor Norberto “Beto” Salinas said, “For the record, we have been open to talk to the board members. I do not want anybody to think that we have not been ready to discuss this with MEDA board members…. These assets belong to the citizens of Mission. In no way are we trying to argue with them, but they need to return those monies and those items that belong to the City of Mission. It’s just the right thing to do.”
MEDA’s inventory of assets, as of Mar. 31, shows the corporation has net assets of $5,022,035, including $3,098,978 in cash and $1,870,531 in land consisting of lots in the organization’s industrial park.blog comments powered by Disqus