Northlake hears hospital and investment‑advisor briefings; council approves road projects in budget amendment

The March 12 meeting included two informational presentations followed by a budget amendment for targeted road improvements.

Benson Chaco (speaker 9) of Methodist Southlake Hospital described the hospital’s service lines (24/7 ER, inpatient private rooms, a cath lab and a STEMI heart program) and performance metrics (average ER wait times under seven minutes and door‑to‑balloon times around 60 minutes). Chaco said Northlake is part of the hospital’s primary service area and outlined clinic and ambulatory expansion plans in nearby communities.

Valley View Consulting (Adam, speaker 11) reviewed the firm’s two‑year engagement as the town’s non‑discretionary investment adviser (quarterly PFIA reports, investment policy reviews, cash‑flow analysis). Staff said Valley View’s fee is approximately $40,000 per year and highlighted recent extra interest income Valley View helped secure.

Separately, staff proposed three near‑term road projects (an added lane and protected left at Westbridge/Cleveland Gibbs, extension of a northbound movement and a dedicated right‑turn curb island) with a combined probable cost of about $1.2 million; funding would come from capital project interest earnings, road impact fees and reallocated county funds. Council approved the budget amendment and the projects (motion carried 6–1). Councilmembers asked staff to pursue developer contributions where roughly proportional and to sequence work with regional partners when practical.

Consent items on the agenda also included an item to renew Valley View’s contract for two more years (on the consent agenda approved earlier in the meeting).