06-10-2010 Minutes
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Schertz EDC Minutes
06.10.10
Minutes of the
CITY OF SCHERTZ
ECONOMIC DEVELOPMENT CORPORATION
Budget Workshop Meeting and
BOARD OF DIRECTOR’S MEETING
June 10, 2010
ECONOMIC DEVELOPMENT
CORPORATION
Steve White, President
Harry Whitney, Vice President
Angelina Kiser, Ph.D.
Tim Brown
Roy Richard, Esq.
CITY STAFF
Jeff Jewell, Economic Development Director
Erin Matlock, Economic Development
Specialist II
Don Taylor, City Manager
David Harris, Assistant City Manager
Michael Spain, City Attorney
THOSE ABSENT
James Harden
Others Present
Robert Brockman, Citizen
Budget Workshop Meeting
1. Call to order
Mr. White called the meeting to order at 4:38 pm.
2. Discussion of the FY 2010-11 Budget (Staff)
Mr. Jewell reviewed the proposed revenue and expenditures with the EDC board and answered questions
from EDC board had about specific line items. Mr. White stated concern over projected revenue for the
next fiscal year. Mr. Taylor stated that this is a preliminary budget and that if the revenue does not meet the
projected amount the budget will be adjusted accordingly.
3. Adjournment Workshop
The Budget Workshop meeting was adjourned at 5:30 p.m.
REGULAR MEETING
6:00 P.M.
4. Call to order
Mr. White called the meeting to order at 6:01 pm.
5. Public Comment
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Schertz EDC Minutes
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Mr. Brockman inquired about Mr. Harden’s absence and asked if he is still a board member. Mr. White
stated that he is traveling due to his work.
Mr. Brockman inquired about the budget workshop. Mr. White informed Mr. Brockman that the budget
workshop began at 4:30 p.m as posted on the agenda.
ITEMS FOR INDIVIDUAL CONSIDERATION:
6. Approval of meeting minutes dated May 13, 2010
Mr. Richard moved to approve the minutes of the May 13, 2010 meeting of the Economic Development
Corporation. Mr. Brown seconded the motion. Motion carried. Vote unanimous
7. Update from City Finance Director on Monthly Financial Reports
Mr. Jewell reviewed the financial report with the board. Mr. Jewell informed the board that this month was
the second positive month of projected revenue over last year’s amount.
8. Consideration and approval of a resolution by the Board of Directors of the City of Schertz Economic
Development Corporation authorizing an interlocal cooperative agreement between the Corporation and
the City of Schertz, Texas; and other matters in connection
Mr. Richard recused himself from the discussion and action regarding Item 8.
Mr. Spain informed the board that in a prior EDC board meeting the board agreed to make payments as
related to the Sysco project. Mr. Spain informed the board that interest on the principal was never
discussed by the EDC board and City Council may determine that interest due to the financing be paid by
the EDC board.
Mr. Spain informed the board that the only thing it needed to approve that evening was the resolution and
interlocal agreement in the amount of $1,250,000 for principal only. If Council decides that interest be paid
the EDC board will have to take subsequent action on that item
Mr. Whitney moved to approve the resolution by the Board of Directors of the City of Schertz Economic
Development Corporation authorizing an interlocal cooperative agreement between the Corporation and
the City of Schertz, Texas; and other matters in connection. Mr. Brown seconded the motion. Motion
carried. Vote unanimous
9. Discussion and/or action considering the creation and purpose of EDC sub-committees
No action taken on this item.
10. Public Hearing, Discussion and Action regarding an expenditure of up to $15,000 in sales tax funds to enter
into a professional services agreement with Site Location Partnership for a promotional project
Mr. Brockman inquired how long the $15,000 would last and Mr. Jewell replied the contract was for a year
long engagement.
Mr. Jewell recommended the renewal of the SLP (Site Location Partnership) agreement for marketing
purposes.
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Mr. Richard moved to approve an expenditure of up to $15,000 in sales tax funds to enter into a
professional services agreement with Site Location Partnership for a promotional project. Ms. Kiser
seconded the motion. Motion carried. Vote unanimous
11. Director’s Report
Mr. Jewell reviewed his report with the board.
Mr. White inquired about Lone Star Pet and Mr. Jewell stated the City is waiting on an affidavit from Lone
Star Pet stating they meet all the requirements of the agreement.
12. Requests by Board members that items are placed on a future SEDC agenda
Place an agenda item for nominating a new secretary/treasurer to the board.
13. Requests by Board members to Director and Staff for information
Mr. Richard inquired if staff was interested in providing SCORE seminars. Mr. Jewell stated that he is
presently working with the new Chamber President to provide seminars to the local businesses and had
been in contact with Schertz Bank & Trust staff.
14. Adjourn
The meeting was adjourned at 6:39
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Steve White, President
____________________________________
Harry Whitney, Vice President
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Vacant, Secretary