06-30-2011 Reg Mtg AgendaPage 1 of 2 Schertz EDC Agenda 06 30, 2011 NOTICE OF MEETING CITY OF SCHERTZ ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MEETING AGENDA June 30, 2011 The City of Schertz
Economic Development Corporation (EDC) will meet for a regular meeting on Thursday, June 30, 2011 at 6:00 p.m. in the City Council Chambers, 1400 Schertz Parkway, Schertz, Texas. This
is an open meeting, subject to the open meeting laws of the State of Texas. Notice of time, date, place, and agenda is hereby posted on or before Monday, June 27th, 2011 5:00 p.m., as
required by law. This facility is wheelchair accessible and accessible parking spaces are available. Audio units for the hearing impaired are available for any meeting. Advanced notice
is recommended. 1. CALL TO ORDER 2. Roll call and recognition of Visitors 3. Public comment ITEMS FOR INDIVIDUAL CONSIDERATION: 4. Approval of Regular Meeting Minutes dated: May 12th,
2011 5. Consideration and/or action approving a Resolution authorizing an Amended and Restated Certi?ficate of Formation (previously known as Articles of Incorporation) and Amended
and Restated Bylaws of the SEDC; recommending approval thereof by the City of Schertz; and other matters in connection therewith. 6. PUBLIC HEARING – Presentation, discussion, and public
input regarding a proposed expenditure of up to $200,000 in sales tax funds which are required or suitable for infrastructure necessary to promote or develop new or expanded businesses
in the City, by participating in a public private partnership with SPV Ventures, LLC (“SPV”) for the construction of public water lines and related appurtenances in connection with five
new medical office buildings to be located in the City (the “SPV Project”). 7. EXECUTIVE SESSION – Called in accordance with Section 551.087 of the Texas Government Code, Deliberation
Regarding Economic Development Negotiations; Closed Meeting. The governmental body is not required to conduct an open meeting (1) to discuss or deliberate regarding commercial or financial
information information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of
the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business
prospect described by Subdivision (1). (SPV Project) RECONVENE TO REGULAR SESSION
Page 2 of 2 Schertz EDC Agenda 06 30, 2011 8. Consideration and/or action approving a Resolution authorizing an Infrastructure Improvement Economic Development Project related to public
water utility infrastructure improvements; approving a $200,000 loan from the Corporation to SPV Ventures, LLC; authorizing a Loan Agreement, Deed of Trust, Promissory Note, Easement
Agreement, and related documents; and other matters in connection therewith. 9. Financial Reports as of May 31, 2011 (Juan Santoya/Finance Director) 10. Discussion regarding draft SEDC
FY-11-12 Budget 11. Director’s Report 12. Requests by Board members that items are placed on a future SEDC agenda 13. Requests by Board members to Director and Staff for information
14. ADJOURN I certify that this agenda was posted at 5:00 p.m., on Monday, June 27th, 2011. John C. Kessel John C. Kessel, Interim Executive Director of Economic Development