06-22-2010 Special Called Meeting Minutes
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Schertz EDC Minutes
06.22.10
CITY OF SCHERTZ
ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS MEETING
Special Called Meeting
June 22, 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
Juan Santoya, Finance Director
Don Taylor, City Manager
David Harris, Assistant City Manager
Michael Spain, City Attorney
THOSE ABSENT
James Harden
Others Present
None
1. Call to order.
Mr. White called the meeting to order at 4:30 pm.
2. Public comment.
None
ITEMS FOR INDIVIDUAL CONSIDERATION:
3. Public Hearing, Discussion and Action regarding an expenditure of up to an additional $92,131 in sales tax
funds for infrastructure improvements and related costs and expenses to the Sysco Development Project,
including sanitary sewer, water and road upgrades and including related agreements and matters.
No public in attendance.
Mr. Richard recused himself from the discussion and action regarding Item 3.
Mr. Spain informed the EDC board at the June 10, 2010 EDC board meeting the Council may require the
EDC board to pay interest on the $1,250,000. The public hearing this evening is to ratify the publication to
include the $92,131 as an additional project which includes interest and all costs related to the issuance of
the bond.
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Schertz EDC Minutes
06.22.10
Mr. Whitney moved to approve the additional $92,131 in sales tax funds for infrastructure improvements
and related costs and expenses to the Sysco Development Project, including sanitary sewer, water and road
upgrades and including related agreements and matters. Mr. Brown seconded the motion. Motion
carried. Vote unanimous
4. Discussion and Action approving an amendment to the Interlocal Cooperative Agreement between the City
of Schertz Economic Development Corporation and the City of Schertz, Texas relating to the anticipated
transfer of certain proceeds of the sales and use tax received by the corporation to the city to provide for the
payment of reimbursement of certain costs relating to the construction of certain public projects in the city;
and other matters in connection therewith.
Mr. Richard recused himself from the discussion and action regarding Item 4.
Mr. Spain informed the EDC board that the interlocal agreement approved on June 10, 2010 contained two
errors that have been corrected with a new table and the correct amount of $1,580,000. This evening the
EDC board will readopt the interlocal cooperative agreement between the City and the EDC board with the
corrections.
Mr. Brown moved to approve an amendment to the Interlocal Cooperative Agreement between the City of
Schertz Economic Development Corporation and the City of Schertz, Texas relating to the anticipated
transfer of certain proceeds of the sales and use tax received by the corporation to the city to provide for the
payment of reimbursement of certain costs relating to the construction of certain public projects in the city;
and other matters in connection therewith. Ms. Kiser seconded the motion. Motion carried. Vote
unanimous
5. Director’s Report.
None
6. Requests by Board members that items are placed on a future SEDC agenda.
None
7. Requests by Board members to Director and Staff for information.
None
8. Adjourn.
The meeting was adjourned at 4:40
____________________________________
Steve White, President
____________________________________
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Schertz EDC Minutes
06.22.10
Harry Whitney, Vice President
____________________________________
Vacant, Secretary