20251120 SEDC Board Reg MtgSCHIERTZ
ECONOMIC DEVELOPMENT CORPORATION
MINUTES
REGULAR MEETING
NOVEMBER 20, 2025
6:00 PM
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will hold a
regular monthly meeting on Thursday, NOVEMBER 20, 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.
Present: William Dixon, Board President
Eryn McElroy, Board Vice President
Sharon Denson, Board Member
Matt Clingo, Board Member
John Faubush III, Board Member
Absent: Bryan Jones, Board Secretary
Ray Chavez, Board Treasurer
Staff present: Scott Wayman, Executive Director
Amy Madison, Deputy Director
Ashley Ritchey, Business Engagement Manager
Kari Baker, Administrative Assistant
Attendees: Brian James, Deputy City Manager
Jessica Dycus, Assistant Finance Director
Call to Order
1. Roll call, recognition of visitors, and review of meeting instructions for effective Board
interaction and public participation.
Board President Willam Dixon presided over the meeting and called it to order at
6:00 pm.
Roll call for members called. Bryan Jones and Ray Chavez were absent.
SEDC Agenda November 20, 2025 Pagel of 5
Hearing of Residents
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 residents signed up to speak. No comments were made.
Consent Agenda
2. Approval of the Minutes for the Board of Directors Regular Monthly Meeting held
October 23, 2025.
Board President Bill Dixon asked for a motion to approve the consent agenda for October
23, 2025. Eryn McElroy moved to approve, Sharon Denson- seconded. Motion carries,
unanimous; 5 -0.
Discussion Only
3. Presentation and discussion regarding the SEDC monthly financial statement for the month
of October 2025.
Executive Director Scott Wayman provided an overview of the October 2025 Financial
Statement. Sales tax revenue received for the month totaled $1,091,937.19, representing a
113.4% increase over the same period in the prior year. Total expenses for October were
$30,543.28.
Mr. Wayman noted that sales tax collections have remained significantly elevated over
recent months, compared to the typical expected average of approximately $600,000 per
month. The current 12 -month rolling average growth rate is 57.4 %. He also provided a brief
update on the status and performance of the SEDC Reserve Fund Model.
Jessica Dyscus, Assistant Director of Finance, explained the financial reporting process,
noting that sales tax revenues are consistently reported on a two -month delay, while
expenditures are reflected in the current period.
Vice President Eryn McElroy asked whether the EDC has considered adding a new position
to the department. Scott Wayman provided an overview of all EDC positions along with a
brief description of their primary duties. He noted that a neighboring city has requested
information on job descriptions, staffing levels, and compensation, and said he would be
happy to present that information to the Board at a future meeting if desired.
Amy Madison added that the EDC will soon begin developing an update to the Strategic
Plan, during which staffing needs will be evaluated.
Scott Wayman mentioned that there has been some preliminary discussion about adding a
City position — possibly an inspector -type role —to provide additional support for EDC
projects and City initiatives.
SEDC Agenda November 20, 2025 Page 2 of 5
No other questions or comments from the Board regarding SEDC financial presentation.
4. Presentation and discussion regarding the feasibility study for a potential local hotel and
amenities.
Scott Wayman introduced David Parker with DPC Hospitality, who provided a brief
overview of the recently released Hotel Study examining the local market's potential for a
new hotel. David Parker discussed the specific needs identified for the City of Schertz and
offered examples using various hotel brands. He explained that dual -brand hotels can
accommodate both extended -stay and short-term, nightly guests, and noted that they
typically include meeting space within the same building without requiring an expanded
footprint.
Eryn McElroy inquired about the possibility of a conference center. David Parker explained
that Schertz currently lacks a suitable parcel of land large enough for such a facility.
Matt Clingo raised questions regarding the projected number of rooms and the feasibility of
an on -site restaurant. David Parker addressed these topics in his remarks to the Board.
Scott Wayman discussed the potential outlook and timeframe for attracting another hotel to
Schertz, explaining how the study will aid in marketing the opportunity to future
developers. He also noted that the available site is reasonably priced for the area.
Eryn McElory makes motion to accept the Hotel Study, William Dixon seconded. Motion
carries, unanimous; 5 -0.
5. Presentation and discussion of the Americas Competiveness Exchange (ACE) trip to
Cordoba, Argentina.
Amy Madison, Deputy Director of EDC, presented an overview of her recent trip to
Cordoba, Argentina with ACE /IEDC. She was specially selected to participate in an
Economic Development Immersion project focused on the region. Amy also highlighted her
key accomplishments during the trip and explained the value her participation brings to the
EDC and the City of Schertz.
Discussion and Possible Action
6. Resolution 2025 -9 - Authorizing the City of Schertz Economic Development Corporation
Executive Director to execute a First Amendment and Assignment of the EastGroup
Properties, L.P. Performance Agreement.
Scott Wayman introduced Matt Troutt of EastGroup Properties to discuss Resolution 2025 -9
with the Board. Matt Troutt explained the primary purpose of the resolution, focusing on the
surety bonding required by the City.
Board President William Dixon deferred action on Item No. 5: Resolution 2025 -9 and
SEDC Agenda November 20, 2025 Page 3 of 5
recessed Open Session to Closed Session at 7:00 pm.
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 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.
• E -99
Start time: 7:01 pm
End time: 7:16 pm
Reconvene to Regular Session
Board President William Dixon reconvened into Open Session at 7:16 pm.
8. Take any actions based on discussion held in closed session under Agenda Item No. 7.
No actions taken.
Board President Bill Dixon returned to Item No. 5 Resolution 2025 -9 and requested a
motion. Eryn McElory motioned to approve, Matt Clingo seconded. Motion carries
unanimously; 5 -0.
Requests and Announcements
• Announcements by staff.
1. City offices closed November 27 -28, 2025 - Thanksgiving.
2. SEDC Board Holiday Party at Makos on the Creek - December 18, 2025 at 6:30 pm.
3. Next Regular Board Meeting - January 22, 2026
Scott Wayman discusses all announcements with Board.
• Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Eryn McElroy would like some information in the future regarding adding a position to the EDC.
This was discussed during the Item No. 4 SEDC Financial Statement for month of October 2025.
SEDC Agenda November 20, 2025 Page 4 of 5
Adjournment
President Bill Dixon adjourned meeting at 7:20 pm.
MINUTES PASSED AND APPROVED THIS 22nd DAY OF JANUARY 2026.
r
4
William Dixon, Bdarresident
SEDC Board Mena
SEDC Agenda November 20, 2025 Page 5 of 5