7-25-2019 Agenda SEDC Board Reg Mtg
SEDC Agenda 7/25/2019 Page 1 of 3
NOTICE OF MEETING
AGENDA
THURSDAY, JULY 25, 2019
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will meet
for a Regular Monthly Meeting on Thursday, July 25, 2019 at 6:00 p.m. in the Hal Baldwin
Municipal Complex, Council Chambers, Building No. 4, Conference Room, 1400 Schertz Parkway, Schertz, Texas. This is an open meeting, subject to the open meeting laws of the State
of Texas.
Call to order
1. Roll call and recognition of visitors. 2. Oath of office for newly appointed SEDC Board Member: Jesse Carrasco. Appointed by
City Council on 6/25/2019 to fill in for a term left vacant ending on 5/31/2020. (P. Horan)
3. Introduction of new Board Members: Jesse Carrasco. (P. Macaluso)
4. Election of corporation officers. (P. Macaluso)
Hearing of residents
5. Public comment - This time is set aside for any person who wishes to address the Board. Each person
should fill out the Citizen’s to be Heard registry form prior to the meeting. Presentations should be limited to
no more than 3 minutes. The presiding officer, during the Public Comment portion of the agenda, will call on those persons who have signed up to speak in the order they have registered. Presentations
6. SEDC monthly financial statement: June 2019. (J. Walters)
7. SEDC Quarterly Report Q3 FY 2018-19. (D. Vincent)
8. Forecast/planning of the SEDC reserves. (K. Kinateder) Items for individual consideration
9. Consider/Discuss/Act on approval of the minutes for the Board of Directors Special Called
Meeting on Thursday, June 20, 2019. (P. Horan)
10. Consider/Discuss/Act on an SEDC Resolution No. 2019-14 authorizing the Second
Amendment to the Economic Development Performance Agreement between Schertz 312, LLC and the City of Schertz Economic Development Corporation. (K. Kinateder)
11. Consider/Discuss/Act on appointment to the Committee of Committees Advisory Board
(CCAB). (P. Macaluso)
Requests and announcements 12. Requests by Board Members to place items on a future SEDC Board Meeting agenda.
13. Information available in SEDC Board Packets
• Committee of Committees Report
• SEDC video update
SEDC Agenda 7/25/2019 Page 2 of 3
Closed session
14. The SEDC Board will meet in closed session 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 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.
• Project E-045
• Project E-055
• Project E-056
• Project E-057
• Project E-058
• Project E-059 Reconvene into regular session
15. Discussion and possible action to authorize the SEDC Executive Director to take the
necessary and appropriate actions to proceed with negotiations based on discussions held in
Closed Session under Agenda Item No.14.
• Project E-057 – Consider/Discuss/Act and public hearing authorizing an SEDC
Resolution relating to a performance agreement to provide a possible incentive of up
to $50,000 for a project related to the creation or retention of approximately 38
primary jobs Adjournment
CERTIFICATION
I, PATTY HORAN, EXECUTIVE ASSISTANT OF THE CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION, DO HEREBY CERTIFY THAT THE ABOVE AGENDA WAS PREPARED AND POSTED ON THE OFFICIAL BULLETIN BOARD ON THIS THE
22th DAY OF JULY, 2019 AT 5:00 P.M., WHICH IS A PLACE READILY ACCESSIBLE TO
THE PUBLIC AT ALL TIMES AND THAT SAID NOTICE WAS POSTED IN ACCORDANCE
WITH CHAPTER 551, TEXAS GOVERNMENT CODE.
Patty Horan
Executive Assistant- Economic Development
This facility is wheelchair accessible and accessible parking spaces are available. Audio units for
the hearing impaired are available for any meeting. If you require special assistance, please call
210-619-1030 at least 24 hours in advance of meeting. The City of Schertz Economic Development Corporation Board of Directors reserves the right to
adjourn into Closed Session at any time during the course of this meeting to discuss any of the
matters listed above, as authorized by the Texas Open Meetings Act.
Closed Sessions Authorized: This agenda has been reviewed and approved by the City’s legal counsel and the presence of any subject in any Closed Session portion of the agenda constitutes a
SEDC Agenda 7/25/2019 Page 3 of 3
written interpretation of Texas Government Code Chapter 551 by legal counsel for the governmental body and constitutes an opinion by the attorney that the items discussed therein may
be legally discussed in the closed portion of the meeting considering available opinions of a court
of record and opinions of the Texas Attorney General known to the attorney. This provision has
been added to this agenda with the intent to meet all elements necessary to satisfy Texas
Government Code Chapter 551.144(c) and the meeting is conducted by all participants in reliance on this opinion.