05-22-2025 Agenda SEDC Board Reg Meeting with packet
NOTICE OF MEETING
AGENDA
MAY 22, 2025
6:00 P.M.
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will hold a regular
monthly meeting on Thursday, MAY 22, 2025, at 6:00 p.m. at the Hal Baldwin Municipal Complex,
Council Chambers Conference Room, Building No. 4, 1400 Schertz Parkway, Schertz, Texas. This is an
open meeting, subject to the open meeting laws of the State of Texas.
In accordance with provisions of the Texas Open Meetings Act, Chapter 551, Texas Government Code
notice is hereby given that a Possible Quorum of the governing body of the City of Schertz, Texas may
take place at this meeting.
Call to Order
1.Roll call, recognition of visitors, and review of meeting instructions for effective Board
interaction and public participation.
Hearing of Residents
2.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.
Minutes
3.Approval of the minutes for the Board of Directors Regular Monthly Meeting held
Thursday, April 24, 2025. (T.Miller)
Presentations
4.Staff briefing on SEDC monthly financial statement for the month of April 2025.
(S.Wayman)
Closed Session
5.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 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-105 Project E-108
Project E-107 Project E-102
SEDC Agenda May 22, 2025 Page 1 of 2
Reconvene to Regular Session
6.Take any actions based on discussion held in closed session under Agenda Item No. 5.
Requests and Announcements
Announcements by staff:
Offices closed May 26, 2025 - Memorial Day
Next Regular Board Meeting - June 26, 2025.
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Adjournment
CERTIFICATION
I, Tracy Miller, Administrative Assistant, of the City of Schertz Economic Development Corporation, do hereby certify that
the above agenda was posted on the official bulletin boards on this the 16th day of May, 2025, 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.
Tracy Miller
Administrative Assistant- Economic
Development
I certify that the attached notice and agenda of items to be considered by the Schertz Economic Development
Corporation Board of Directors was removed from the official bulletin board on _____day of _______________, 2025.
Name/Title:______________________________
This facility is accessible in accordance with the Americans with Disabilities Act. Handicapped parking spaces are
available. If you require special assistance or have a request for sign interpretative services or other services, please call
210-619-1070.
The 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.
SEDC Agenda May 22, 2025 Page 2 of 2
Agenda No. 3.
SEDC MEMORANDUM
SEDC
Board Meeting:05/22/2025
Department:Economic Development Corporation
Subject:Approval of the minutes for the Board of Directors Regular Monthly
Meeting held Thursday, April 24, 2025. (T.Miller)
SUBJECT:
Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, April
24, 2025. (T.Miller)
Attachments
04-24-2025
MINUTES
Thursday, April 24, 2025
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly
Meeting on Thursday, April 24, 2025, at 6:00 p.m. at the Hal Baldwin Municipal Complex, Council Chambers
Conference Room, Building No. 4, 1400 Schertz Parkway, Schertz, Texas. This was an open meeting, subject to
the open meeting laws of the State of Texas.
In accordance with provisions of the Texas Open Meetings Act, Chapter 551, Texas Government Code notice is
hereby given that a Possible Quorum of the governing body of the City of Schertz, Texas may take place at this
meeting.
Call to Order
1.Roll call, recognition of visitors, and review of meeting instructions for effective Board interaction and
public participation.
Board President Sammi Morrill presided over the meeting and called it to order at 6:00 p.m.
Board of Directors Present:Staff Present:
Sammi Morrill, Board President Scott Wayman, Executive Director
William "Bill" Dixon, Board Vice President Amy Madison, Deputy Director
Mark Moody, Board Member Ashley Ritchey, Business Engagement Manager
Reynaldo "Ray" Chavez, Board Member Tracy Miller, Administrative Assistant
Bryan Jones, Board Member
Board of Directors Absent:Others Present:
Eryn McElroy, Board Secretary Tim Brown, Councilmember Liaison
2.Election of Schertz Economic Development Corporation Board Treasurer. (S.Morrill)
Board President Sammi Morrill asked for a nomination to elect a new Board Treasurer.
Board Member Mark Moody nominated himself for Board Treasurer.
Moved by Board Member Ray Chavez, seconded by Board Member Bryan Jones.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Member Mark
Moody, Board Member Ray Chavez, Board Member Bryan Jones.
Unanimous affirmative vote - Motion carries.
Hearing of Residents
3.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.
No resident signed up to speak. No comments were made.
Minutes
4.Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, March 27,
2025. (T.Miller)
Board President Sammi Morrill asked for a motion to approve the Minutes of the Board of Directors
Regular Monthly Meeting held Thursday, March 27, 2025.
Moved by Board Vice President Bill Dixon, seconded by Board Treasurer Mark Moody.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Member Mark
Moody, Board Member Ray Chavez, Board Member Bryan Jones.
Unanimous affirmative vote - Motion carries.
Presentations
5.Staff briefing on SEDC monthly financial statement for the month of March 2025. (S.Wayman)
Scott Wayman, Executive Director gave a brief overview of the SEDC Financial Statement for March
2025.
March 2025 sales tax received was $538,799.34, expenses were $2,697,317.83, an 11.7% increase over
the prior year. The 12-month rolling average is 6.0% still trending up. Notable expenditures include
incentive payments to Schertz312 LLC, Caterpillar Inc, Ace Mart Restaurant and a payment to The Retail
Coach, LLC for Retail Market and Analysis. Total Cash and Investments figure at the end of March was
$35,740,346.30.
Scott Wayman, Executive Director gave a brief overview of the Reserve Funding Model.
6.Staff briefing on Annual Report of Schertz Economic Development Corporation Year 2024. (S.Wayman)
Ashley Ritchey, Business Engagement Manager gave a brief overview of the Schertz Economic
Development Corporation Annual Report for year 2024 and stated it is located on the SEDC website.
Board President Sammi Morrill recessed Open Session to Closed Session at 6:20 p.m.
Closed Session
7.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 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-105
Start time: 6:20 p.m.
End time: 6:57 p.m.
Board President Sammi Morrill reconvened to Open Session at 6:58 p.m.
Reconvene to Regular Session
8.Take any actions based on discussion held in closed session under Agenda Item No. 7.
No action was taken based on discussion in Closed Session.
Requests and Announcements
Announcements by staff:
Soccer Field Lights Ribbon Cutting - May 12, 2025
6:00 p.m.
Next Regular Board Meeting - May 22, 2025
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Adjournment
Board President Sammi Morrill asked for a motion to adjourn the meeting.
Moved by Board Member Ray Chavez.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Member Mark
Moody, Board Member Ray Chavez, Board Member Bryan Jones.
Unanimous affirmative vote - Motion carries.
Board President Sammi Morrill adjourned the meeting at 6:59 p.m.
MINUTES PASSED AND APPROVED THIS ____ DAY ___________ 2025.
____________________
Sammi Morrill
Board President
___________________
Eryn McElroy
Board Secretary
Agenda No. 4.
SEDC MEMORANDUM
SEDC
Board Meeting:05/22/2025
Department:Economic Development Corporation
Subject:Staff briefing on SEDC monthly financial statement for the month of
April 2025. (S.Wayman)
SUBJECT:
Staff briefing on SEDC monthly financial statement for the month of April 2025. (S.Wayman)
Attachments
April Financials