9-25-2014 Minutes SEDC Reg Monthly Board MtgSC1H1]L*1RZ1F7Z
ECONOMIC DEVELOPMENT
MINUTES
CITY OF SCHERTZ
ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MONTHLY MEETING
THURSDAY, SEPTEMBER 25TH, 2014
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular
Monthly Meeting on Thursday, September 25', 2014 at 6:00 p.m. in the City Council Chambers, Conference
Room, 1400 Schertz Parkway, Schertz, Texas. This is an open meeting, subject to the open meeting laws of
the State of Texas.
1. CALL TO ORDER
President Brown called the meeting to order at 6:00 p.m. and welcomed everyone in attendance.
2. Roll call and recognition of visitors.
Board of Directors:
Tim Brown — President
Angelina Kiser — Vice President
Roy Richard
Marvin Thomas
Grady Morris
Absent:
Rosemary Scott — Secretary /Treasurer
Syd Verinder — Director
Others Present:
Mr. Jim Fowler — Council Member
3. Public comment.
None.
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Staff:
John Kessel —
City Manager
David Gwin —
SEDC Executive Director
James Walters
— Finance /Budget Analyst
Colin Sherman — ED Specialist
Patty Horan —
Executive Assistant
ITEMS FOR INDIVIDUAL CONSIDERATION:
4. Consider /Discuss /Act on approval of the Minutes for the Regular Monthly Board Meeting
held on Thursday, August 28th, 2014.
A Motion to approve the Minutes for the Regular Monthly Board Meeting held on Thursday, August
28ffi, 2014 was made by Mr. Richard. Seconded by Mr. Morris. Motion passed unanimously.
5. Review of the SEDC Monthly Financial Report for the month of August 2014. (J. Walters)
Mr. Walters provided an overview of the SEDC Monthly Financial Statement Report for the month of
August 2014.
6. Consider /Discuss /Act on a renewal of the SEDC Incentive Policy adopted under Ordinance
12 -T -15. (D. Gwin)
Mr. Gwin provided a recap on the current SEDC Incentive Policy. Mr. Gwin explained that the
current Policy, as established by Ordinance 12 -T -15 has a renewal and review process mandated by
law to be conducted every two years. An active 380 Program allows the city to promote state and
local economic development and stimulate business and targeted development for the community. He
requested approval of recommendation to City Council to adopt the current policy as it reads with no
changes.
A Motion to approve recommendation to City- Council to adopt the SEDC Incentive Policy as it
reads was made by Mrs. Kiser. Seconded by Mr. Thomas. Motion passed unanimously.
7. Director's Report. (D. Gwin)
Mr. Gwin provided a brief status report on the following projects and events:
• Project Updates
o FedEx
•
Titan Industrial
•
The Crossvine
•
Legacy at Forest Ridge
•
Tri County Flex
•
Schertz Plaza
•
Abel's Restaurant
• Events /Meeting attended
o LKQ Regional Distribution Facility Discussion Meeting — City Manager's Office —
9/8/2014
o IMTS 2014 — International Manufacturing Technology Show — Chicago — 9/8-11/2014
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• Northeast Partnership Monthly Luncheon — Universal City — 9/11/2014
• SCOC Luncheon — Civic Center — 9/16/2014
• Fair Oaks Farms Follow Up Meeting — City Manager's Office — 9/18/2014
• TexasOne Board Meeting — Cedar Creek — 9/23/2014
• Director's Resignation and the Future
Mr. Gwin took a few minutes to offer his heartfelt thanks to the Board and staff for their
friendship and continuous support of his initiatives during his tenure with the City. The Board
accepted his resignation and wished him the very best in his new endeavor.
8. Requests by Board Members to Director for information.
No requests were made.
ADJOURN
President Brown adjourned the meeting at 6:49 p.m.
PASSED AND APPROVED THIS 26th DAY OF FEBRUARY 2015.
Tim rown — President
Rosemary Scott — Secretary /Treasurer
Page 3 of 3 Schertz EDC Minutes 9 -25 -2014