4-23-2020 Agenda SEDC Board Reg Mo Mtg
SEDC Agenda 4/23/2020 Page 1 of 2
NOTICE OF MEETING
AGENDA
THURSDAY, APRIL 23, 2020
The City of Schertz Economic Development Corporation (SEDC) Board of Directors Regular
Monthly Meeting on Thursday, April 23, 2020, at 6:00 p.m. at the Hal Baldwin Municipal
Complex, Council Chambers, Building No. 4, 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 and review of meeting instructions for effective Board
interaction and Public participation.
Hearing of residents
2. Public comment - This time is set aside for any person who wishes to address the Board.
Presentations should be limited to no more than 3 minutes. The presiding officer will call on
those persons who have signed up to speak.
3. Approval of the minutes for the Board of Directors Regular Monthly Meeting held on
Thursday, February 27, 2020. (P. Horan)
Presentations
4. SEDC monthly financial statements: February and March 2020. (J. Walters)
5. SEDC Quarterly Report Q2 FY 2019-20. (D. Vincent)
6. SEDC COVID-19 Response Briefing. (A. Perez)
7. SEDC FY2020/2021 Budget Update. (A. Perez)
8. CY 2019 Economic Development Incentive Annual Certifications. (A. Perez)
Items for individual briefing and consideration
9. Briefing and possible action on SEDC Resolution No. 2020-1 for the approval of the
Independent Auditor’s Report for the SEDC Annual Financial Report for the Year Ended
September 30, 2019. (Paula Lowe, Auditor Partner of Pattillo, Brown and Hill, LLP)
10. Briefing and possible action on SEDC Resolution No. 2020-2 for Schertz 312, LLC
authorizing an extension to the performance agreement for infrastructure improvements and
providing for additional extensions through City Manager and SEDC Director approval. (A.
Perez)
Closed Session
11. 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
SEDC Agenda 4/23/2020 Page 2 of 2
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-056
• Project E-055 • Project E-059
Reconvene to regular session
12. 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.11.
13. Information available in SEDC Board Packets – NO DISCUSSION TO OCCUR
Adrian Perez – Public Funds Investments Act (PFIA) Certificate
Requests and announcements
14. Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Announcements by staff:
• Next Board Meeting – May 28, 2020
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
20 DAY OF APRIL, 2020 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 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.