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02-25-10-Council/EDCMINUTES JOINT WORKSHOP MEETING February 25, 2010 A Workshop Meeting was held with the Schertz City Council and Schertz Economic Development Corporation, on February 25, 2010 at 4:00 p.m., at the Schertz Civic Center, 1400 Schertz Parkway, Schertz, Texas. The following members present to -wit: Mayor Hal Baldwin Councilmember John Trayhan Staff Present: City Manager Don Taylor Assistant City Manager David Harris City Secretary Brenda Dennis EDC Specialist II Erin Matlock Mayor Pro -Tern David Scagliola Assistant City Manager John Bierschwale City Attorney Michael Spain Asst. EDC Director Jeff Jewell EDC Analyst Peter Graves Economic Development Corporation Members Present: President Steve White Vice President Harry Whitney Director James Harden Director Roy Richard Director Tim Brown Director Angelina Kiser Director Matthew Duke Councilmembers Fowler and Carpenter absent CALL TO ORDER JOINT WORKSHOP MEETING 1. Discussion and appropriate action on a joint strategic planning session to include mission, vision, goals, strengths, weaknesses, opportunities and threats affecting the City and its Economic Development Corporation. Mayor Baldwin called the meeting to order at 4:00 p.m , and introduced Assistant Economic Development Director Jeff Jewell who introduced Tom Stellman with TIP Strategies, who also introduced Senior Consultant Alan Cox and Consultant Mitsu Yamazaki. Mr. Stellman provided a PowerPoint presentation covering the following information answering questions from City Council, EDC Directors. Members of Council and EDC Directors discussed the following: • Discussion on current Global and National trends affecting economic development - What should we pay attention to? - Slow recovery globally - Back to basics: Fundamental principles still relevant in location selection and focus on a few target industries and building lasting relationships. - U.S. is still the largest consumer economy - Heavier focus on expansion over new investment 02 -25 -2010 Minutes - Weak US dollar vs. JPY and EUR - "Growing importance for M &A investment opportunity • Discussion on recent findings from regional and local data analysis and TIP fieldwork. - Schertz has overtaken Seguin in population - Schertz local employment & labor force growing - Suburban labor force growing more rapidly - Schertz unemployment remains relatively low - Regional unemployment rate below state and nation - Schertz has 31.4% of experienced workers - Schertz outpaces Texas in education as well as outpaces the neighboring region too - Locals are primarily middle & upper middle class - Schertz household income far outpaces state and nation - Most of Schertz residents in "white collar" sectors: Education & health care, Public administration and retail trade - Schertz still lags behind in per capita taxable retail sales comparisons - Schertz outpacing peers in job growth ... but is lagging most in wage growth • Discussion of opportunities for the City of Schertz - Medical/Healthcare - Education - Energy - Clean Tech - Defense & security - Agriculture equipment & supplies - Discount retail - Collaborative Media • Discussion on participant input on best opportunities - Major Employer Focus Group results Overall happy with Schertz location Attract more manufacturers to help bring in workers that are more skilled Re- enforced jobless recovery — investments in production technology to minimize future labor costs Demand is increasing for parts due to inventory shortages Access to capital is tough if you do not have cash Do not take any employer for granted Recession is hitting small employer /retailer hard Small employer concern about signage regulations Small employer most desired marketing assistance Small employer overall upbeat about doing business in Schertz • Discussion regarding next steps and formulation - Identity clarification for Schertz - Existing business retention and development - Develop reputation as a responsive City government to business 02 -25 -2010 Minutes Page - 2 - Develop town center Corridor land plans Develop rail station - Use BRE to create new business - EDC input into city strategic planning and update SEDC plan - Transportation master plan I.D. EDC vision statement Incorporate input on opportunities Update strategies & actions Draft strategic plan • Target Sectors: - Medical/healthcare - Healthcare related services (IT) - Transportation equipment suppliers - Clean tech - Professional /technical services - Defense contractors - Destination retail ADJOURNMENT As there was no further action, Mayor Baldwin adjourne the meeting at 7:00 p.m. Hal Baldwin, Mayor ATTEST: t $ren a Dennis, TRM M City Secretary 02 -25 -2010 Minutes Page - 3 -