01-22-26 Agenda SEDC Board Reg Meeting with Packet
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Requests and Announcements
Announcements by staff.
Ribbon Cutting, Monday, January 26, 2026 for grand opening of Chipotle in Schertz Station - 10:30 am. 1.
City offices will be closed February 16, 2026 for Presidents Day.2.
Next SEDC Regulary Meeting - February 26, 2026.3.
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Adjournment
CERTIFICATION
I, Kari Baker, 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 15th day of January, 2026, 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.
_____________________________________________
Kari Baker, Schertz EDC Administrative Assistant
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 _______________, 2026.
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 January 22, 2026 Page 2 of 4
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2022-23
Unclassfied
Ag, Forestry, Fishing, Hunting
Mining
Utilities
2021-22
Unclassfied
Ag, Forestry, Fishing, Hunting
Mining
Utilities
Construction
Wholesale Trade
Information
Finance & Insurance
Real Estate & Rental & Leasing
Professional, Scientific, & Techical Services
Management of Companies & Enterprises
620-SED CORPORATION CURRENT CURRENT PRIOR YEAR CURRENT Y-T-D BUDGET % OF
FINANCIAL SUMMARY BUDGET PERIOD Y-T-D ACTUAL Y-T-D ACTUAL ENCUMBR BALANCE BUDGET
REVENUE SUMMARY
Taxes 7,668,608 412,986.74 1,096,924.07 3,012,470.75 - 4,656,137.25 39.28%
Fund Transfers - - - - - - 0.00%
Miscellaneous 1,260,000 144,136.16 315,190.18 279,908.00 - 980,092.00 22.21%
TOTAL REVENUES 8,928,608 557,122.90 1,412,114.25 3,292,378.75 - 5,636,229.25 36.87%
EXPENDITURE SUMMARY
NONDEPARTMENTAL
City Supported Services*15,299,100 - 350,000.00 - - 15,299,100.00 0.00%
TOTAL NONDEPARTMENTAL 15,299,100 - 350,000 - - 15,299,100.00 0.00%
ECONOMIC DEVELOPMENT
Personnel Services 24,575 179.52 2,182.48 3,439.39 - 21,135.61 14.00%
Supplies & Equipment 61,175 - 201.24 5,749.88 - 55,425.12 9.40%
City Supported Services 214,500 - 75.44 - - 214,500.00 0.00%
Utility Services 316,825 18,251.18 3,111.73 28,631.05 714.03 287,479.92 9.26%
Operating Expense 88,585 287.76 22,545.86 11,441.42 6,334.10 70,809.48 20.07%
Professional Services 696,703 396.00 304,678.00 321,247.50 - 375,455.50 46.11%
TOTAL ECONO DEVELOPMENT 1,402,363 19,114.46 332,794.75 370,509.24 7,048.13 1,024,805.63 26.92%
TOTAL EXPENDITURES 16,701,463 19,114.46 682,794.75 370,509.24 7,048.13 16,323,905.63 2.26%
** REVENUE OVER(UNDER) EXPEND (7,772,855) 538,008.44 729,320 2,921,870
C I T Y O F S C H E R T Z
********************************** 2 0 2 5 - 2 0 2 6 ********************************
REVENUE AND EXPENSE REPORT (UNAUDITED)
AS OF: Nov 30th , 2025
620-SED CORPORATION CURRENT CURRENT PRIOR YEAR CURRENT Y-T-D BUDGET % OF
REVENUES BUDGET PERIOD Y-T-D ACTUAL Y-T-D ACTUAL ENCUMBR BALANCE BUDGET
Taxes
000-411500 Sales Tax Revenue (4B)7,668,608 412,986.74 1,096,924.07 3,012,470.75 - 4,656,137.25 39.28%
TOTAL Taxes 7,668,608 412,986.74 1,096,924.07 3,012,470.75 - 4,656,137.25 39.28%
Fund Transfers
000-486000 Transfer In - - - - - - 0.00%
TOTAL Fund Transfers - - - - - - 0.00%
Miscellaneous
000-491000 Interest Earned 10,000 382.67 1,291.42 3,247.67 - 6,752.33 32.48%
000-491200 Investment Earnings 1,250,000 143,753.49 313,898.76 276,660.33 - 973,339.67 22.13%
000-497000 Misc Income - - - - - - 0.00%
TOTAL Miscellaneous 1,260,000 144,136.16 315,190.18 279,908.00 - 980,092.00 22.21%
TOTAL REVENUES 8,928,608 557,122.90 1,412,114.25 3,292,378.75 - 5,636,229.25 36.87%
C I T Y O F S C H E R T Z
REVENUE REPORT (UNAUDITED)
********************************** 2 0 2 5 - 2 0 2 6 ********************************
AS OF: Nov 30th , 2025
VENDOR NAME DESCRIPTION AMOUNT
SED CORPORATION
Amy Madison Mileage to & From Airport 44.52
DPC Hospitality LLC Professional Fee - Market Study 3,514.51
Greater SATX Regional Economic Collaborative 2025-26 14,700.70
Wex Bank Fuel FY 25/26 35.97
Denton Vavarro Rodriguez Bemal Satee & Zech, P.C.Legal Services - Month of Oct 2025 396.00
Citibank UMAST Conference - AR - Reg 135.00
Ubeo, LLC Copier Rental 287.76
SUBTOTAL:19,114.46
TOTAL:$19,114.46
19,114.46
19,114.46
NOVEMBER 2025 PAYABLES REPORT
Investment
Cash in Bank Type Yield Maturity Amount
Claim on Operating Cash Pool-Checking Bank 3.83 -347,336.99$
Cash in Investments
Texas Class Investment-Economic Development Corp Pool*4.28 -40,208,141.93
Schertz Bank & Trust-Certificate of Deposit 1 Year CD 4.00 5/10/2026 1,253,895.70
Schertz Bank & Trust-Certificate of Deposit 1 Year CD 4.00 1/5/2026 1,177,846.57
Total Cash in Bank & Investments 42,987,221.19$
*Local Government Investment Pool, most comparable to a Money Market Mutual Fund
CASH IN BANK AND INVESTMENTS
AS OF: Nov 30th , 2025
SED CORPORATION
620-SED CORPORATION
FINANCIAL SUMMARY OVERVIEW
Revenues
Sales Tax Sales Tax 1,461,034.49$ Payment Received in November*
131.9% Annual Increase
69.0%12-Month Rolling Average
Expenses
Greater SATX 14,700.70
DPC Hospitality LLC 3,514.51
Year-to-Date
Total Revenue 3,292,378.75$
Total Expenses 370,509.24$
Over/Under 2,921,869.51$
Cash & Investments
Cash 347,336.99$
Investments 42,639,884.20$
Total 42,987,221.19$
*sales taxes are delayed 2 months from received to earned. Sales Taxes recognized in report are estimates and are adjusted to actual when payments are received.
C I T Y O F S C H E R T Z
********************************** 2 0 2 5 - 2 0 2 6 ********************************
REVENUE AND EXPENSE REPORT (UNAUDITED)
AS OF: Nov 30th , 2025
113.4%
131.9%
(100,000)
50,000
200,000
350,000
500,000
650,000
800,000
950,000
1,100,000
1,250,000
1,400,000
1,550,000
1,700,000
OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP
4B SALES TAX
By Collection Month
2025-26 2024-25 2023-24 2022-23
620-SED CORPORATION CURRENT CURRENT PRIOR YEAR CURRENT Y-T-D BUDGET % OF
FINANCIAL SUMMARY BUDGET PERIOD Y-T-D ACTUAL Y-T-D ACTUAL ENCUMBR BALANCE BUDGET
REVENUE SUMMARY
Taxes 7,668,608 579,801.42 1,831,267.73 4,710,811.87 - 2,957,796.13 61.43%
Fund Transfers - - - - - - 0.00%
Miscellaneous 1,260,000 135,751.52 466,845.04 415,659.52 - 844,340.48 32.99%
TOTAL REVENUES 8,928,608 715,552.94 2,298,112.77 5,126,471.39 - 3,802,136.61 57.42%
EXPENDITURE SUMMARY
NONDEPARTMENTAL
City Supported Services*15,299,100 - 380,000 - - 15,299,100.00 0.00%
TOTAL NONDEPARTMENTAL 15,299,100 - 380,000 - - 15,299,100.00 0.00%
ECONOMIC DEVELOPMENT
Personnel Services 24,575 1,500 2,262 4,939 - 19,635.57 20.10%
Supplies & Equipment 61,175 4,517 14,310 10,267 - 50,908.36 16.78%
City Supported Services 214,500 170 175 170 - 214,330.15 0.08%
Utility Services 975 28 131 74 686 215.00 77.95%
Operating Expense 398,135 9,282 35,895 49,308 1,875 346,951.61 12.86%
Professional Services 61,300 252 253 648 4,171 56,481.38 7.86%
Fund Charges/Transfers 641,703 - 304,540 320,852 - 320,851.50 50.00%
TOTAL ECONO DEVELOPMENT 1,402,363 15,747.91 357,566.65 386,257.15 6,732.28 1,009,373.57 28.02%
TOTAL EXPENDITURES 16,701,463 15,747.91 737,566.65 386,257.15 6,732.28 16,308,473.57 2.35%
** REVENUE OVER(UNDER) EXPEND (7,772,855) 699,805.03 1,560,546 4,740,214
C I T Y O F S C H E R T Z
********************************** 2 0 2 5 - 2 0 2 6 ********************************
REVENUE AND EXPENSE REPORT (UNAUDITED)
AS OF: Dec 31st , 2025
620-SED CORPORATION CURRENT CURRENT PRIOR YEAR CURRENT Y-T-D BUDGET % OF
REVENUES BUDGET PERIOD Y-T-D ACTUAL Y-T-D ACTUAL ENCUMBR BALANCE BUDGET
Taxes
000-411500 Sales Tax Revenue (4B)7,668,608 579,801.42 1,831,267.73 4,710,811.87 - 2,957,796.13 61.43%
TOTAL Taxes 7,668,608 579,801.42 1,831,267.73 4,710,811.87 - 2,957,796.13 61.43%
Fund Transfers
000-486000 Transfer In - - - - - - 0.00%
TOTAL Fund Transfers - - - - - - 0.00%
Miscellaneous
000-491000 Interest Earned 10,000 - 2,239 3,248 - 6,752.33 32.48%
000-491200 Investment Earnings 1,250,000 135,752 464,607 412,412 - 837,588.15 32.99%
000-497000 Misc Income - - - - - - 0.00%
TOTAL Miscellaneous 1,260,000 135,751.52 466,845.04 415,659.52 - 844,340.48 32.99%
TOTAL REVENUES 8,928,608 715,552.94 2,298,112.77 5,126,471.39 - 3,802,136.61 57.42%
C I T Y O F S C H E R T Z
REVENUE REPORT (UNAUDITED)
********************************** 2 0 2 5 - 2 0 2 6 ********************************
AS OF: Dec 31st , 2025
VENDOR NAME DESCRIPTION AMOUNT
SED CORPORATION
Amy Madison 11/21/25 Personal Car Mileage - Meeting 87.77
HubSpot Inc Annual HubSpot Invoice 12/25-12/26 4,140.00
Texas Economic Development Council Team Texas Bronze Membership - Annual 8,000.00
Wex Bank Fuel FY 25/26 28.09
TCMA REGION 8 Monthly Meeting Registration - 12/4/2025 25.00
Denton Vavarro Rodriguez Bemal Satee & Zech, P.C.Legal Services - Month of November 2025 251.62
Citibank Amy Madison Citi Card - December 2025 741.48
Citibank A. Ritchey Citi Card - December 2025 595.00
Citibank Kari Baker Citi Card - December 2025 1,483.52
Citibank Scott Wayman Citi Card - December 2025 18.00
Ubeo, LLC Copier Rental 287.76
Dec 2025 EDC 89.67
SUBTOTAL:15,747.91
TOTAL:$15,747.91
15,747.91
15,747.91
DECEMBER 2025 PAYABLES REPORT
Investment
Cash in Bank Type Yield Maturity Amount
Claim on Operating Cash Pool-Checking Bank 3.78 -2,946,488.96$
Cash in Investments
Texas Class Investment-Economic Development Corp Pool*3.97 -40,343,893.45
Schertz Bank & Trust-Certificate of Deposit 1 Year CD 4.00 5/10/2026 1,253,895.70
Schertz Bank & Trust-Certificate of Deposit 1 Year CD 4.00 1/5/2026 1,177,846.57
Total Cash in Bank & Investments 45,722,124.68$
*Local Government Investment Pool, most comparable to a Money Market Mutual Fund
CASH IN BANK AND INVESTMENTS
AS OF: Dec 31st , 2025
SED CORPORATION
620-SED CORPORATION
FINANCIAL SUMMARY OVERVIEW
Revenues
Sales Tax Sales Tax 2,605,575.87$ Payment Received in November*
361.5% Annual Increase
98.7%12-Month Rolling Average
Expenses
Texas Economic Development Council 8,000.00
HubSpot Inc 4,140.00
Year-to-Date
Total Revenue 5,126,471.39$
Total Expenses 386,257.15$
Over/Under 4,740,214.24$
Cash & Investments
Cash 2,946,488.96$
Investments 42,775,635.72$
Total 45,722,124.68$
*sales taxes are delayed 2 months from received to earned. Sales Taxes recognized in report are estimates and are adjusted to actual when payments are received.
C I T Y O F S C H E R T Z
********************************** 2 0 2 5 - 2 0 2 6 ********************************
REVENUE AND EXPENSE REPORT (UNAUDITED)
AS OF: Dec 31st , 2025
113.4%
131.9%
361.5%
-
150,000
300,000
450,000
600,000
750,000
900,000
1,050,000
1,200,000
1,350,000
1,500,000
1,650,000
1,800,000
1,950,000
2,100,000
2,250,000
2,400,000
2,550,000
2,700,000
OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP
4B SALES TAX
By Collection Month
2025-26 2024-25 2023-24 2022-23
THE STATE OF TEXAS §
§
GUADALUPE COUNTY §
SCHERTZ ECONOMIC DEVELOPMENT CORPORTATION
STANDARD PROFESSIONAL SERVICES AGREEMENT
This Professional Services Agreement (“Agreement”) is made and entered by and between the
Schertz Economic Development Corporation, a Texas non-profit economic development
corporation (the “SEDC”) and CONSULTANT, a Texas limited liability company
(“Professional”).
1. Duration. This Agreement shall become effective upon execution by the Corporation and
approval of both the Agreement and its related expenditures by the City of Schertz City
Council (“Effective Date”). This Agreement shall remain in effect until satisfactory
completion of the Scope of Work unless terminated as provided for in this Agreement.
2. Scope of Work.
(A) Professional shall perform the Services as more particularly described in the Scope of Work
attached hereto as Exhibit “A”. The work as described in the Scope of Work constitutes the
“Project”. Unless otherwise provided in the Scope of Work, the anticipated submittal of all
Project deliverables is immediately upon completion of the Project.
(B) The Quality of Services provided under this Agreement shall be performed with the
professional skill and care ordinarily provided by competent Professionals practicing in the
same or similar locality and under the same or similar circumstances and professional license,
and as expeditiously as is prudent considering the ordinary professional skill and care of a
competent Professional holding the same professional license.
(C) The Professional shall perform its Services for the Project in compliance with all statutory,
regulatory and contractual requirements now or hereafter in effect as may be applicable to
the rights and obligations set forth in the Agreement.
3. Compensation.
(A) The Professional shall be paid in the manner set forth in Exhibit “B” and as provided herein.
(B) Billing Period: The Professional may submit monthly, or less frequently, an invoice for
payment based on the estimated completion of the described tasks and approved work
schedule as provided for in Exhibit “B” to SEDC, 1400 Schertz Parkway, Building 2, Schertz,
TX 78154. Subject to Chapter 2251, Texas Government Code (the "Prompt Payment Act"),
payment is due within thirty (30) days of the SEDC’s receipt of the Professional's invoice.
Interest on overdue payments shall be calculated in accordance with the Prompt Payment
Act.
(C) Reimbursable Expenses: All reimbursable expenses related to the Project must be approved
in writing and in advance by SEDC and shall be accounted for in Exhibit “B”.
4. Changes to the Project Work; Additional Work.
(A) Changes to Work: Professional shall make such revisions to any work that has been
completed as are necessary to correct any errors or omissions as may appear in such work.
If the SEDC finds it necessary to make changes to previously satisfactorily completed work
or parts thereof, the Professional shall make such revisions if requested and as directed by
the SEDC and such services will be considered as additional work and paid for as specified
under the following paragraph.
(B) Additional Work: The SEDC retains the right to make changes to the Scope of Work at any
time by a written order. Work that is clearly not within the general description of the Scope
of Work and does not otherwise constitute special services under this Agreement must be
approved in writing by the SEDC by supplemental agreement before the additional work is
undertaken by the Professional. If the Professional is of the opinion that any work is beyond
that contemplated in this Agreement and the Scope of Work governing the project and
therefore constitutes additional work, the Professional shall promptly notify the SEDC of
that opinion, in writing. If the SEDC agrees that such work does constitute additional work,
then the SEDC and the Professional shall execute a supplemental agreement for the
additional work and the SEDC shall compensate the Professional for the additional work on
the basis of the rates contained in the Scope of Work. If the changes deduct from the extent
of the Scope of Work, the contract sum shall be adjusted accordingly. All such changes shall
be executed under the conditions of the original Agreement. Any work undertaken by
Professional not previously approved as additional work shall be at risk of the Professional.
5. Time of Completion.
The prompt completion of the services under the Scope of Work is critical to the SEDC.
Unnecessary delays in providing services under a Scope of Work shall be grounds for dismissal of
the Professional and termination of this Agreement without any or further liability to the SEDC
other than a prorated payment for necessary, timely, and conforming work done by Professional
prior to the time of termination. The Scope of Work shall provide, in either calendar days or by
providing a final date, a time of completion prior to which the Professional shall have completed
all tasks and services described in the Scope of Work.
6. Insurance.
(A) Before commencing work under this Agreement, Professional shall obtain and maintain the
liability insurance provided for in attached Exhibit “C” throughout the term of this
Agreement and thereafter as required herein. In addition to the insurance provided for in
Exhibit “C”, Professional shall maintain the following limits and types of insurance:
(1) Workers Compensation Insurance: The Professional shall carry and maintain during the
term of this Agreement, workers compensation and employers’ liability insurance
meeting the requirements of the State of Texas on all the Professional’s employees
carrying out the work involved in this contract.
(2) General Liability Insurance: The Professional shall carry and maintain during the term
of this Agreement, general liability insurance on a per occurrence basis with limits of
liability not less than $ 1,000,000 for each occurrence and for fire damage. For Bodily
Inju1y and Property Damage, coverage shall be no less than $1,000,000. As a minimum,
coverage for Premises, Operations, Products and Completed Operations shall be
$2,000,000. This coverage shall protect the public or any person from injury or property
damages sustained by reason of the Professional or its employees carrying out the work
involved in this Agreement. The general aggregate shall be no less than $2,000,000.
(3) Business Automobile Liability Insurance: Professional shall carry and maintain during
the term of this Agreement, automobile liability insurance with either a combined single
limit of at least $1,000,000 per occurrence for bodily injury and property damage or split
limits of at least $1,000,000 for bodily injury per person per occurrence and $1,000,000
for property damage per occurrence. Coverage shall include all owned, hired, and non-
owned motor vehicles used in the performance of this contract by the Professional or its
employees.
(4) Professional Liability Insurance: The Professional shall carry and maintain during the
term of this Agreement, professional liability insurance no less than $1,000,000 per claim
to pay on behalf of the insured all sums, which the insured shall become legally obligated
to pay as damages to the extent caused by any negligent act, error, or omission in the
performance of professional services.
(5) Subcontractor: In the case of any work sublet, the Professional shall require subcontractor
and independent contractors working under the direction of either the Professional or a
subcontractor to carry and maintain the same workers compensation and liability
insurance required of the Professional.
(B) Qualifying Insurance: The insurance required by this Agreement shall be written by a non-
assessable insurance company licensed to do business in the State of Texas and currently
rated “B+” or better by the A.M. Best Companies. All policies shall be written on a “per
occurrence basis” and not a “claims made” form. Evidence of such insurance shall be
attached as Exhibit “D”.
(C) All insurance policies are to contain or be endorsed to contain the following required
provisions:
(1) SEDC shall be named as an additional insured with respect to General Liability and
Automobile Liability (not applicable to workers’ compensation and professional liability
policies);
(2) A waiver of subrogation in favor of SEDC shall be contained in the Workers
Compensation and all liability policies;
(3) All insurance policies, which name SEDC as an additional insured, must be endorsed to
read as primary and non-contributory coverage regardless of the application of other
insurance.
(4) All insurance policies shall be endorsed to the effect that SEDC will receive at least thirty
(30) days written notice prior to cancellation or non-renewal of the insurance.
7. Miscellaneous Provisions.
(A) Subletting. The Professional shall not sublet or transfer any portion of the work under this
Agreement, or any Scope of Work issued pursuant to this Agreement unless specifically
approved in writing by the SEDC, which approval shall not be unreasonably withheld.
Subcontractors shall comply with all provisions of this Agreement and the applicable Scope
of Work. The approval or acquiescence of the SEDC in the subletting of any work shall not
relieve the Professional of any responsibility for work done by such subcontractor.
(B) Ownership of Documents. Upon completion or termination of this Agreement, all documents
prepared by the Professional or furnished to the Professional by the SEDC shall be delivered
to and become the property of the SEDC. All drawings, charts, calculations, plans,
specifications and other data, including electronic files and raw data, prepared under or
pursuant to this Agreement, shall be made available, upon request, to the SEDC without
restriction or limitation on the further use of such materials; PROVIDED, HOWEVER,
THAT SUCH MATERIALS ARE NOT INTENDED OR REPRESENTED TO BE
SUITABLE FOR REUSE BY THE SEDC OR OTHERS. ANY REUSE WITHOUT PRIOR
VERIFICATION OR ADAPTATION BY THE PROFESSIONAL FOR THE SPECIFIC
PURPOSE INTENDED WILL BE AT THE SEDC’S SOLE RISK AND WITHOUT
LIABILITY TO THE PROFESSIONAL. Where applicable, Professional shall retain all pre-
existing proprietary rights in the materials provided to the SEDC but shall grant to the SEDC
a non-exclusive, perpetual, royalty-free license to use such proprietary information solely for
the purposes for which the information was provided. The Professional may, at Professional’s
expense, have copies made of the documents or any other data furnished to the SEDC under
or pursuant to this Agreement.
(C) Professional’s Seal. To the extent that the Professional has a professional seal , it shall be
placed on all documents and data furnished by the Professional to the SEDC. All work and
services provided under this Agreement will be performed in a good and workmanlike
fashion and shall conform to the accepted standards and practices of the Professional’s
industry. The plans, specifications and data provided by Professional shall be adequate and
sufficient to enable those performing the actual work to perform the work as and within the
time contemplated by the SEDC and Professional. The SEDC acknowledges that
Professional has no control over the methods or means of work nor the costs of labor,
materials or equipment. Unless otherwise agreed in writing, any estimates of costs by the
Professional are for informational purposes only and are not guaranteed.
(D) Compliance with Laws. The Professional shall comply with all federal, state and local laws,
statutes, ordinances, rules and regulations, and the orders and decrees of any courts,
administrative, or regulatory bodies in any matter affecting the performance of this
Agreement, including, without limitation, workers compensation laws, minimum and
maximum salary and wage statutes and regulations, and licensing laws and regulations.
When required, the Professional shall furnish the SEDC with satisfactory proof of
compliance.
(E) Independent Contractor. Professional acknowledges that Professional is an independent
contractor of the SEDC and is not an employee, agent, official or representative of the SEDC.
Professional shall not represent, either expressly or through implication, that Professional is
an employee, agent, official or representative of the SEDC. Income taxes, self-employment
taxes, social security taxes and the like are the sole responsibility of the Professional.
(F) Non-Collusion. Professional represents and warrants that Professional has not given, made,
promised or paid, nor offered to give, make, promise or pay any gift, bonus, commission,
money or other consideration to any person as an inducement to or in order to obtain the
work to be provided to the SEDC under this Agreement. Professional further agrees that
Professional shall not accept any gift, bonus, commission, money, or other consideration
from any person (other than from the SEDC pursuant to this Agreement) for any of the
services performed by Professional under or related to this Agreement. If any such gift,
bonus, commission, money, or other consideration is received by or offered to Professional,
Professional shall immediately report that fact to the SEDC and, at the sole option of the
SEDC, the SEDC may elect to accept the consideration for itself or to take the value of such
consideration as a credit against the compensation otherwise owing to Professional under or
pursuant to this Agreement.
(G) Force Majeure. If the performance of any covenant or obligation to be performed hereunder
by any party is delayed as a result of circumstances which are beyond the reasonable control
of such party (which circumstances may include, without limitation, pending litigation, acts
of God, war, acts of civil disobedience, fire or other casualty, shortage of materials, adverse
weather conditions [such as, by way of illustration and not of limitation, severe rain storms
or below freezing temperatures, or tornados] labor action, strikes or similar acts, moratoriums
or regulations or actions by governmental authorities), the time for such performance shall
be extended by the amount of time of such delay, but no longer than the amount of time
reasonably occasioned by the delay. The party claiming delay of performance as a result of
any of the foregoing force majeure events shall deliver written notice of the commencement
of any such delay resulting from such force majeure event not later than seven (7) days after
the claiming party becomes aware of the same, and if the claiming party fails to so notify the
other party of the occurrence of a force majeure event causing such delay and the other patty
shall not otherwise be aware of such force majeure event, the claiming party shall not be
entitled to avail itself of the provisions for the extension of performance contained in this
subsection.
(H) In the case of any conflicts between the terms of this Agreement and wording contained
within the Scope of Services, this Agreement shall govern. The Scope of Services and other
exhibits to this Agreement are intended to detail the technical scope of services, fee schedule,
and contract time only and shall not dictate Agreement terms.
8. Termination.
(A) This Agreement may be terminated:
(1) By the mutual agreement and consent of both Professional and SEDC;
(2) By either party, upon the failure of the other party to fulfill its obligations as set forth in
either this Agreement or a Scope of Work issued under this Agreement;
(3) By the SEDC, immediately upon notice in writing to the Professional, as consequence of
the failure of Professional to perform the Services contemplated by this Agreement in a
timely or satisfactory manner; and
(4) By the SEDC, at will and without cause upon not less than thirty (30) days written notice
to the Professional.
(B) If the SEDC terminates this Agreement pursuant to Section 5 or subsection 8(A)(2) or (3),
above, the Professional shall not be entitled to any fees or reimbursable expenses other than
the fees and reimbursable expenses then due and payable as of the time of termination and
only then for those services that have been timely and adequately performed by the
Professional considering the actual costs incurred by the Professional in performing work to
date of termination, the value of the work that is nonetheless usable to the SEDC, the cost to
the SEDC of employing another Professional to complete the work required and the time
required to do so, and other factors that affect the value to the SEDC of the work performed
at time of termination. In the event of termination that is not the fault of the Professional, the
Professional shall be compensated for all basic, special, and additional services actually
performed prior to termination, together with any reimbursable expenses then due.
9. Indemnification. PROFESSIONAL SHALL INDEMNIFY AND HOLD HARMLESS
THE SCHERTZ ECONOMIC DEVELOPMENT CORPORATION AND ITS
OFFICIALS, EMPLOYEES AND AGENTS (COLLECTIVELY REFERRED TO AS
“INDEMNITEES”) AND EACH OF THEM FROM AND AGAINST ALL LOSSES,
COSTS, PENALTIES, FINES, DAMAGES, CLAIMS, EXPENSES (INCLUDING
REASONABLE ATTORNEY’S FEES) OR LIABILITIES (COLLECTIVELY
REFERRED TO AS “LIABILITIES”) BY REASON OF ANY INJURY TO OR
DEATH OF ANY PERSON OR DAMAGE TO OR DESTRUCTION OR LOSS OF
ANY PROPERTY ARISING OUT OF, RESULTING FROM, OR IN CONNECTION
WITH (I) THE PERFORMANCE OR NON-PERFORMANCE OF SERVICES
CONTEMPLATED BY THIS AGREEMENT BUT ONLY TO THE EXTENT
CAUSED BY THE NEGLIGENT ACTS, ERRORS OR OMISSIONS, INTENTIONAL
TORTS, INTELLECTUAL PROPERTY INFRINGEMENT, OR A FAILURE TO PAY
A SUB-CONTRACTOR OR SUPPLIER COMMITTED BY PROFESSIONAL OR
PROFESSIONAL’S AGENT, CONSULTANT UNDER CONTRACT, OR ANOTHER
ENTITY OVER WHICH PROFESSIONAL EXERCISES CONTROL (WHETHER
ACTIVE OR PASSIVE) OF PROFESSIONAL OR ITS EMPLOYEES, AGENTS OR
SUB-CONTRACTORS (COLLECTIVELY REFERRED TO AS
“PROFESSIONAL”), (II) THE FAILURE OF PROFESSIONAL TO COMPLY WITH
ANY OF THE PARAGRAPHS HEREIN OR THE FAILURE OF PROFESSIONAL
TO CONFORM TO STATUTES, ORDINANCES, OR OTHER REGULATIONS OR
REQUIREMENTS OF ANY GOVERNMENTAL AUTHORITY, FEDERAL, STATE
OR LOCAL, IN CONNECTION WITH THE PERFORMANCE OF THIS
AGREEMENT. PROFESSIONAL EXPRESSLY AGREES TO INDEMNIFY AND
HOLD HARMLESS THE INDEMNITEES, OR ANY ONE OF THEM, FROM AND
AGAINST ALL LIABILITIES WHICH MAY BE ASSERTED BY AN EMPLOYEE
OR FORMER EMPLOYEE OF PROFESSIONAL, OR ANY OF ITS SUB-
CONTRACTORS, AS PROVIDED ABOVE, FOR WHICH PROFESSIONAL’S
LIABILITY TO SUCH EMPLOYEE OR FORMER EMPLOYEE WOULD
OTHERWISE BE LIMITED TO PAYMENTS UNDER STATE WORKERS
COMPENSATION OR SIMILAR LAWS. NOTHING HEREIN SHALL REQUIRE
PROFESSIONAL TO INDEMNIFY, DEFEND, OR HOLD HARMLESS ANY
INDEMNITEE FOR THE INDEMNITEE’S OWN NEGLIGENCE OR WILLFUL
MISCONDUCT. ANY AND ALL INDEMNITY PROVIDED FOR IN THIS
AGREEMENT SHALL SURVIVE THE EXPIRATION OF THIS AGREEMENT AND
THE DISCHARGE OF ALL OTHER OBLIGATIONS OWED BY THE PARTIES TO
EACH OTHER HEREUNDER AND SHALL APPLY PROSPECTIVELY NOT ONLY
DURING THE TERM OF THIS AGREEMENT BUT THEREAFTER SO LONG AS
ANY LIABILITY COULD BE ASSERTED IN REGARD TO ANY ACTS OR
OMISSIONS OF PROFESSIONAL IN PERFORMING SERVICES UNDER THIS
AGREEMENT.
FOR PROFESSIONAL LIABILITY CLAIMS, PROFESSIONAL SHALL BE
LIABLE FOR REASONABLE DEFENSE COSTS INCURRED BY INDEMNITEES
BUT ONLY AFTER FINAL ADJUDICATION AND TO THE EXTENT AND
PERCENT THAT PROFESSIONAL OR PROFESSIONAL'S AGENTS ARE FOUND
NEGLIGENT OR OTHERWISE AT FAULT. AS USED IN THIS AGREEMENT,
FINAL ADJUDICATION INCLUDES ANY NEGOTIATED SETTLEMENT AND
RELEASE OF CLAIMS, WITHOUT LIMITATION AS TO WHEN A NEGOTIATED
SETTLEMENT AND RELEASE OF CLAIMS OCCURS.
10. Notices. Any notice required or desired to be given from one party to the other party to this
Agreement shall be in writing and shall be given and shall be deemed to have been served
and received (whether actually received or not) if (i) delivered in person to the address set
forth below; (ii) deposited in an official depository under the regular care and custody of the
United States Postal Service located within the confines of the United States of America and
sent by ce1tified mail, return receipt requested, and addressed to such party at the address
hereinafter specified; or (iii) delivered to such party by courier receipted delivery. Either
party may designate another address within the confines of the continental United States of
America for notice, but until written notice of such change is actually received by the other
party, the last address of such party designated for notice shall remain such party's address
for notice.
11. No Assignment. Neither party shall have the right to assign that party's interest in this
Agreement without the prior written consent of the other party.
12. Severability. If any term or provision of this Agreement is held to be illegal, invalid or
unenforceable, the legality, validity or enforceability of the remaining terms or provisions of
this Agreement shall not be affected thereby, and in lieu of each such illegal, invalid or
unenforceable term or provision, there shall be added automatically to this Agreement a legal,
valid or enforceable term or provision as similar as possible to the term or provision declared
illegal, invalid or unenforceable.
13. Waiver. Either SEDC or the Professional shall have the right to waive any requirement
contained in this Agreement that is intended for the waiving party’s benefit, but, except as
otherwise provided herein, such waiver shall be effective only if in writing executed by the
party for whose benefit such requirement is intended. No waiver of any breach or violation
of any term of this Agreement shall be deemed or construed to constitute a waiver of any
other breach or violation, whether concurrent or subsequent, and whether of the same or of
a different type of breach or violation.
14. Governing Law; Venue. This Agreement and all of the transactions contemplated herein
shall be governed by and construed in accordance with the laws of the State of Texas. The
provisions and obligations of this Agreement are performable in Guadalupe County, Texas,
such that exclusive venue for any action arising out of this Agreement shall be in Guadalupe
County, Texas.
15. Paragraph Headings; Construction. The paragraph headings contained in this Agreement
are for convenience only and shall in no way enlarge or limit the scope or meaning of the
various and several paragraphs hereof. Both parties have participated in the negotiation and
preparation of this Agreement, and this Agreement shall not be construed either more or less
strongly against or for either party.
16. Binding Effect. Except as limited herein, the terms and provisions of this Agreement shall
be binding upon and inure to the benefit of the parties hereto and their respective heirs,
devisees, personal and legal representatives, successors and assigns.
17. Gender. Within this Agreement, words of any gender shall be held and construed to include
any other gender, and words in the singular number shall be held and construed to include
the plural, unless the context otherwise requires.
18. Counterparts. This Agreement may be executed in multiple counterparts, each of which
shall be deemed an original, and all of which shall constitute but one and the same instrument.
19. Exhibits. All exhibits to this Agreement are incorporated herein by reference for all purposes
wherever reference is made to the same.
20. Entire Agreement. It is understood and agreed that this Agreement contains the entire
agreement between the parties and supersedes any and all prior agreements, arrangements or
understandings between the parties relating to the subject matter. No oral understandings,
statements, promises or inducements contrary to the terms of this Agreement exist. This
Agreement cannot be changed or terminated orally.
21. Relationship of Parties. Nothing contained in this Agreement shall be deemed or construed
by the parties hereto or by any third party to create the relationship of principal and agent or
of partnership or of joint venture or of any association whatsoever between the parties, it
being expressly understood and agreed that no provision contained in this Agreement nor
any act or acts of the parties hereto shall be deemed to create any relationship between the
Exhibit "A"
SCOPE OF WORK
PROJECT MANAGEMENT
TIPStrategies (TIP)team members employ the following project management protocols to ensure
clear communication, a quality product, and the ability to quickly address any concerns.
PROJECT GUIDE.As part of the project launch, we will prepare our Project Startup
Guide, which sets clear, mutually agreed upon expectations for the engagement. The guide
includes anticipated SEDCtasks by phase as well as a detailed list of items we typically
request at the outset of the project.
TEAM MEETINGS.We will meet with staff regularly to report on findings and discuss
upcoming tasks. These meetings will allow us to achieve consensus on specific goals and
provide the opportunity to refine our work product as we go. The frequency of these
meetings will be agreed upon during the project launch.
STEERING COMMITTEE.We will work with the strategic plan steering committee to
help guide and shape the plan. Members are responsible for attending monthly meetings,
providing input on strategies, and reviewing deliverables.
DATA COLLECTION & ANALYSIS.To minimize errors, we adhere as closely as possible
to reputable, primary sources and use an internal peer review process when creating new
products and methodologies. Quantitative work is reviewed by the R&D and Production teams,
lead consultant, and principal-in-charge before it is submitted to the SEDC.
QUALITY CONTROL.TIP’s Production team will ensure that deliverables are clear,
concise, and meaningful. We review all deliverables before submittal to the SEDCor the
public. Final deliverables are professionally proofread and prepared in a graphically pleasing
and user-friendly manner. This process should be factored into timelines for deliverables.
SEDCINVOLVEMENT.Our team will work closely with the SEDC and seek assistance
in a number of areas.
භ Designating a point person responsible for assisting with scheduling project meetings,
helping with stakeholder input (meeting logistics, advertising, translation services), and
coordinating deliverables review.
භ Providing economic development plans, budget and staffing for economic development,
major employer list, recent surveys, a list of partners and initiatives, and information on
special districts and recent prospects.
භ Identifying key stakeholders and helping to bring them to the table.
භ Providing information on current economic conditions, as well as historical and future
trends.
භ Providing input and feedback on deliverables throughout the process.
1. DISCOVERY
1.1 PROJECT LAUNCH.At the outset of the engagement, we focus on establishing clear and
effective communication, which is the cornerstone of a successful project. This includes
delivery of the Project Startup Guide and facilitation of a kickoff meeting. The kickoff
meeting provides the opportunity to discuss objectives, define success factors, identify
stakeholders and partners, formalize the outreach strategy, and review the team’s expectations.
1.2 PLANNING ALIGNMENT. The team will examine the policies, relationships, and
organizational priorities that will influence the planning process. Our work on this task will
be expanded in subsequent phases and help shape our recommendations.
ᶡ Policies. Reviewing background documents (e.g., SEDC annual reports, City of Schertz
Strategic Plan, City of Schertz Comprehensive Plan) allows us to build on existing
knowledge and to better understand current initiatives and programs that may be relevant
to this work.
ᶡ Relationships. A scan of the partner network (e.g., The Chamber, Texas Tri County
Chamber of Commerce, Workforce Solutions Alamo) will help define existing
relationships within the Schertz market and identify potential partnerships.
ᶡ Priorities. Discussions with the appropriate staff will ensure our team has a full picture
of the organization’s economic development initiatives and core functions.
1.3 COMMUNITY ASSESSMENT. Our analysts will prepare a targeted assessment of factors
that define the area’s overall competitiveness and are of greatest concern to economic
decision makers. TIP will benchmark Schertz against an agreed upon number of peer cities
locally (i.e., in the San Antonio–New Braunfels MSA), statewide, and nationally to
understand how Schertz stacks up against the competition. Our analysis will be tailored to
meet project objectives and to take advantage of available data resources. Where possible,
we will look at data disaggregated by ethnicity and race to understand differential
performance across communities and populations.
1.4 STAKEHOLDER ENGAGEMENT. Engaging a diverse group of community members and
stakeholders is integral to our planning model. Our team will design a custom engagement
process that gathers meaningful information to the planning process, raises awareness of
economic issues, and builds broad community support for the outcome. TIP encourages robust
participation by holding a combination of in-person and virtual events; employing a mix of
traditional and innovative user-friendly tools such as Zoom, Mentimeter (live polling), and
Zoho (survey translation); and including key staff that are either proficient or fluent in several
languages (e.g., Spanish).
ᶡ Roundtables & interviews. Roundtables are the linchpin of our stakeholder input
process. These input sessions are designed to encourage productive discussions around a
targeted set of topics. They are typically conducted with major employers, target industry
business leaders, elected officials, human resources specialists, economic and workforce
development practitioners, real estate professionals, and other experts to gather
information about trends, barriers, opportunities, and assets that will help shape our
recommendations. Where appropriate, these sessions will be supplemented by one-on-
one interviews to solicit feedback on issues that may not surface in a collective setting.
ᶡ Interactive tools. To expand participation in the process and ensure diverse perspectives
are considered, we can facilitate the use of social media, online surveys, and other
interactive tools as agreed upon with the SEDC. These tools are effective mechanisms for
engaging stakeholders, gathering anecdotal information about assets and challenges, and
increasing buy-in among the broader community. Use of these tools can also set the stage
for the SEDC to solicit ongoing input and share updates with the public.
TIP’s role in community and stakeholder input sessions would be to prepare the
materials and facilitate the discussion. Logistics for the meetings, including arranging
the location(s), advertising the sessions, and the provision of any translation services,
would be the responsibility of the SEDC.
1.5 COMPETITIVE POSITION. Findings from the Discovery phase will be used to
summarize Schertz’s competitive position. In addition to considering strengths, weaknesses,
opportunities, and threats (SWOT) that emerge from this work, our analysis will highlight
factors that differentiate the area from the competition. The results will suggest potential
opportunities and strategic growth areas that will drive our work in subsequent phases.
2. OPPORTUNITY
2.1 STRATEGIC DIRECTION WORKSHOP. Working closely with the SEDC and strategic
plan steering committee, we will ensure the organization’s vision and mission statements
align with the strategic direction that emerges from the Discovery phase. In addition, we will
help craft a set of guiding principles that will embody the goals and objectives of the
planning process. This step will provide a framework that both points to recommended
actions and establishes priorities among available options.
2.2 LABOR MARKET PROFILE. TIP’s analysts will profile relevant characteristics of the
regional workforce and assess the alignment of the talent pipeline with the needs of current
and future employers. Findings will point to regional workforce development priorities and
help identify high-impact investment opportunities.
ᶡ Industry & talent demand analysis. To better understand the needs of current regional
employers, we analyze recent job postings in the region to identify in-demand positions
by occupation, industry, and job title. We then review other details, such as the intensity
of postings over time and skill gaps between postings and worker profiles, and compare
the regional patterns to state and national trends. This helps inform strategies and pose
questions about the alignment of the talent pipeline with the current needs of employers.
ᶡ Talent supply analysis. To document existing postsecondary offerings in the region
(e.g., University of Texas at San Antonio, Texas A&M University-San Antonio) and
illustrate the potential supply of graduates, we will compile published data from the
National Center for Education Statistics’ Integrated Postsecondary Education Data
System (IPEDS) on the number of awards conferred for credit in relevant fields of study.
To the extent that information is available, we can also compile published data on
federally designated apprenticeship programs (US Department of Labor RAPIDS) and
relevant Texas Education Agency reporting.
2.3 TRAINING & EDUCATION INVENTORY. Building on the findings from the labor
market profile (Task 2.2), consultants will reach out to service providers to attain additional
information about training and certification programs that are not captured in IPEDS. The
resulting inventory will help clarify existing pathways and highlight any program and resource
gaps. Findings will also suggest opportunities for leveraging existing programs and shed
further light on the need for a community-based facility to provide technical training and
entrepreneurial programming.
2.4 DEVELOPMENT OPPORTUNITIES. TIP will prepare a countywide analysis of real estate
fundamentals for major commercial or “investible” property types, including office, industrial,
and retail. These tasks will rely on a combination of public and proprietary data.
ᶡ Commercial property trends. The analysis will cover supply and demand trends to
identify market opportunities for Schertz’s real estate product. We will review key real
estate market indicators, including rents, vacancies, and construction deliveries, as well
as the underlying drivers of demand in the key property types. Our analysts will examine
the extent to which available sites and redevelopment opportunities align with targeted
sectors and workforce capacity.
ᶡ Perception study. To understand how Schertz is viewed as a place to develop property,
and to further refine our understanding of potential opportunities, our consultants will
interview approximately four to six local influencers. This task will involve engagement
with developers, brokers, site selectors, and other key players in the industry to ascertain
their perception of Schertz generally, as well as relative to other locations in the San
Antonio area. Discussions with influencers in the regional site selection process will shed
light on how Schertz is viewed as a development opportunity in the region and any
potential barriers created by current land use.
ᶡ Priority sites. TIP will analyze strategic development sites to assess the extent to which
development and redevelopment opportunities align with industry investment trends and
workforce capacity. Leveraging our site analysis tool—recognized by the US Census
Bureau as a national use case for innovative application of Local Employer-Household
Dynamics (LEHD) data—our analysts will evaluate job and resident worker
concentrations at the block level, assess development patterns over time, and consider
walkability and connectivity to key amenities and employment centers. This analysis will
highlight priority sites and neighborhoods with the greatest potential to support targeted
investment, catalyze placemaking, and strengthen connections between people and
opportunity.
2.5 BUSINESS, ENTREPRENEURSHIP, & MARKETING. Building on prior tasks, TIP
consultants will examine current incentives and policies as well as entrepreneurial supports.
Findings will inform recommended attraction, retention, and expansion actions and
marketing strategies to be implemented by the EDC and other key partners.
ᶡ Incentives. We will conduct a review of existing recruitment and retention efforts,
particularly incentives and related policies. This work will suggest how to better align
future business development with market opportunities and community vision.
ᶡ Supports. TIP will examine current supports for entrepreneurs and existing businesses
(e.g., recruitment and employment services, small business counseling, access to capital,
scale-up assistance, mentorship, networking) to understand any unmet needs in the
community.
ᶡ Marketing. The marketing audit seeks to answer the question: What image is Schertz
projecting? This task will consider the approach used by legacy organizations and other
economic development entities in the region, as well as marketing and branding
campaigns that are business development-focused, tourism-related, sports- and events-
driven, or social media-influenced. The results of the audit will suggest recommendations
for how best to strengthen regional branding and position Schertz as a prime location for
business and talent; coordinate efforts relative to other marketing in the region; and align
these efforts with business attraction, retention, and expansion efforts in identified
strategic growth areas and priority districts.
2.6 OPPORTUNITY WORKSHOP. The culmination of this phase is a facilitated discussion
of potential strategies and opportunities for consideration in the Implementation phase with
the strategic plan steering committee. The purpose of the workshop will be to build
consensus on economic development priorities for SEDC. The outcome of this task will be a
set of prioritized strategies and focus areas, along with a collaborative framework for
aligning available resources to accomplish them.
2.7 BEST PRACTICES. Throughout the strategic planning process, we will draw on our team’s
extensive network to identify and share with leadership national best practices that may be a
fit for SEDC. Based on our work in prior tasks and the priorities that emerge from the
Opportunity workshop, we will select the use cases most relevant to SEDC’s economic
development efforts moving forward. Insights into selected programs or initiatives will help
shape recommendations and will be integrated into the final deliverable where appropriate.
3. IMPLEMENTATION
3.1 STRATEGIC PLAN. Using findings from prior phases, coupled with the experience of the
consulting team, TIP will prepare a strategic plan based on EDA standards. In addition to
outlining specific goals and strategies, the plan will highlight key findings from our
quantitative analyses and stakeholder input. Together with the implementation matrix (see
Task 3.3), the resulting document will provide specific recommendations and tools needed
to implement a long-term economic strategy. We anticipate the plan would address a
number of topics, including:
ᶡ Positioning Schertz with key target industries.
ᶡ Aligning the talent pipeline with the needs of current and future employers.
ᶡ Assessing regional workforce training and education assets and exploring potential
investment in a community-based facility.
ᶡ Identifying priority sites and development opportunities.
ᶡ Strengthening business attraction efforts and entrepreneurial supports.
ᶡ Providing direction for marketing strategies and marketing of the strategic plan.
ᶡ Evaluating potential public-private partnerships.
ᶡ Suggesting organizational frameworks for accomplishing the identified objectives.
3.2 STEERING COMMITTEE WORKSHOP. TIP will present draft plan components to the
strategic plan steering committee.
3.3 IMPLEMENTATION MATRIX. TIP will prepare a matrix that accomplishes the
following.
ᶡ Identifies responsible parties and potential partnership opportunities.
ᶡ Establishes timelines and sets priorities.
ᶡ Includes budget estimates (where applicable) and identifies potential funding sources.
ᶡ Defines meaningful and realistic performance metrics.
3.4 DRAFT PRESENTATION.TIP will prepare and present the draft strategic plan to the
SEDC Board at a public meeting.
3.5 FINAL PRESENTATION. Once the strategy is finalized, we will present
recommendations to the SEDC Board and City Council at a public meeting.
3.6 IMPLEMENTATION WORKSHOP.To build momentum for implementation, we will
also facilitate an Implementation workshop focused on near-term tasks (60 to 90 days) in
conjunction with the final presentation. This step capitalizes on the energy that is present at
the rollout and helps tojump start the process.
DELIVERABLES
In the execution of this work, TIP will provide the following deliverables in the formats
indicated in parentheses.All deliverables will be in electronic format. If requested, TIP can
provide printed copies at cost. All deliverables will be provided in TIP's color scheme and fonts
unless custom branding is agreed upon in advance.
Project Startup Guide (PDF of Word document).
Facilitation of project meetings, such as team meetings, steering committee meetings, and
workshops, including electronic versions of any presentations (PowerPoint) or other
materials.
Facilitation of stakeholder input sessions, such as roundtables and interviews, including
electronic versions of any presentations (PowerPoint) or other materials.
Interactive data visualizations (Tableau Public) of the analyses outlined in the scope of
work.
Strategic plan (PDF of Word document) highlighting findings and recommendations,
including selected graphics as applicable.
Implementation matrix (Excel) with goals, strategies, and actions for use assigning roles and
timeframes.
TIP Strategies expects all tasks and services related to thisproject to be complete by July 31,
2026.However, the date may be extended due to unforeseen and uncontrollable scheduling
issues that may delay finalizing the plan.
Exhibit "B"
COMPENSATION
Compensation and Limitation of Liability:
The fee for completion of the Scope of Work outlined in Exhibit “A” is $145,000.00. Approved
expenses associated with completing the scope, such as travel (airfare, ground transportation,
lodging, meals), will be billed at cost and not exceed $5,000.00 in total. The total project not-to-
exceed amount is $150,000.00. Expenses will be billed at the end of the month incurred and will
include receipts and a summary of charges. Mileage will be billed at the current IRS standard
mileage rate of $0.725/mile.
Invoice Schedule:
February 27, 2026: $29,000.00
March 31, 2026: $29,000.00
April 30, 2026: $29,000.00
May 29, 2026: $29,000.00
The final invoice of $29,000.00 will be held until the final report is provided to the SEDC.
Exhibit "C"
REQUIREMENTS FOR ALL INSURANCE DOCUMENTS
The Professional shall comply with each and every condition contained herein. The Professional
shall provide and maintain the minimum insurance coverage set forth below during the term of its
agreement with the SEDC. Any Subcontractor(s) hired by the Professional shall maintain
insurance coverage equal to that required of the Professional. It is the responsibility of the
Professional to assure compliance with this provision. The Schertz Economic Development
Corporation accepts no responsibility arising from the conduct, or lack of conduct, of the
Subcontractor.
INSTRUCTIONS FOR COMPLETION OF INSURANCE DOCUMENT
With reference to the foregoing insurance requirements, Professional shall specifically endorse
applicable insurance policies as follows:
1. The Schertz Economic Development Corporation shall be named as an additional insured
with respect to General Liability and Automobile Liability on a separate endorsement.
2. A waiver of subrogation in favor of Schertz Economic Development Corporation shall be
contained in the Workers Compensation and all liability policies and must be provided on a
separate endorsement.
3. All insurance policies shall be endorsed to the effect that Schertz Economic Development
Corporation will receive at least thirty (30) days written notice prior to cancellation or non-
renewal of the insurance.
4. All insurance policies, which name Schertz Economic Development Corporation as an
additional insured, must be endorsed to read as primary and non-contributory coverage
regardless of the application of other insurance.
5. Chapter 1811 of the Texas Insurance Code, Senate Bill 425 82(R) of 2011, states that the
above endorsements cannot be on the certificate of insurance. Separate endorsements must
be provided for each of the above.
6. All insurance policies shall be endorsed to require the insurer to immediately notify Schertz
Economic Development Corporation of any material change in the insurance coverage.
7. All liability policies shall contain no cross-liability exclusions or insured versus insured
restrictions.
8. Required limits may be satisfied by any combination of primary and umbrella liability
insurances.
9. Professional may maintain reasonable and customary deductibles, subject to approval by
Schertz Economic Development Corporation.
10. Insurance must be purchased from insurers having a minimum A.M. Best rating of B+.
11. All insurance, except Professional Liability, must be written on forms filed with and
approved by the Texas Department of Insurance. (ACORD 25 2010/05). Coverage must be
written on an occurrence form. Professional Liability shall be written on a claims made form.
12. Contractual Liability must be maintained covering the Professional’s obligations contained
in the contract. Certificates of Insurance shall be prepared and executed by the insurance
company or its authorized agent and shall contain provisions representing and warranting all
endorsements and insurance coverage according to requirements and instructions contained
herein.
13. Upon request, Professional shall furnish Schertz Economic Development Corporation with
certified copies of all insurance policies.
14. A valid certificate of insurance verifying each of the coverages required above shall be issued
directly to the Schertz Economic Development Corporation within ten (10) business days
after contract award and prior to starting any work by the successful Professional’s insurance
agent of record or insurance company. Also, prior to the start of any work and at the same
time that the Certificate of Insurance is issued and sent to the Schertz Economic Development
Corporation, all required endorsements identified in this Agreement and in Exhibit "C" above
shall be sent to the Schertz Economic Development Corporation. The certificate of insurance
and endorsements shall be sent to:
Schertz Economic Development Corporation
Attn: Scott Wayman
1400 Schertz Parkway, Building 2
Schertz, Texas 78154
Exhibit "D"
EVIDENCE OF INSURANCE
Exhibit "E"
CONFLICT OF INTEREST