20260226 SEDC Board Reg MtgSCHIERTZ
ECONOMIC DEVELOPMENT CORPORATION
MINUTES
REGULAR MEETING
FEBRUARY 26, 2026
6:00 PM
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will hold a regular monthly meeting on Thursday,
FEBRUARY 26, 2026. 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.
The following member present to -wit:
Present: Bill Dixon, President
Eryn McElroy, Vice President
Rey Chavez, Treasurer
Bryan Jones, Secretary
Sharon Denson, Board Member
Matt Clingo, Board Member
John Faubush III, Board Member
Staff present: Scott Wayman, Executive Director
Brian James, Deputy City Manager
Ashley Ritchey, Business Engagement Manager
Kari Baker, Administrative Assistant
Attendees: Robert Sheridan, City Councilmember, Visitor
Katelyn Peck, Visitor
Wade Davis, Visitor
Call to Order
Roll call, recognition of visitors, and review of meeting instructions for effective Board interaction and
public participation.
William Dixon, Board President, presided over the meeting and called it to order at 6:00 PM. All Board
Members were in attendance.
Robert Sheridan, newly appointed City Councilmember, stopped by as a visitor to observe. Katelyn
Peck (Elsie's Ice Cream Truck) and Wade Davis (Davis Assurance) visited as part of a requirement for
The Chamber Leadership program.
SEDC Agenda February 26, 2026 Pagel of 4
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
1. Approval of the Minutes for the Board of Directors Regular Monthly meeting held January 22,
2026.
William Dixon, Board President, asked for a motion to approve the consent agenda for January
22, 2026. Eryn McElroy moved to approve, Bryan Jones seconded. Motion carries unanimous;
7 -0.
Discussion Only
2. Staff briefing on SEDC monthly financial statement for the month of January 2026. (A. Madison)
Amy Madison, Deputy Director, provided an overview of the January 2026 Financial Statements.
Sales tax received in the month of January totaled $1,530,631.01, representing a 188.9% increase
over the same period in the prior year. Total expenses in January 2026 were $45,719.77.
Jessica Dycus, Assistant Finance Director, spoke about how sales tax numbers that we receive
are for two- months prior, so January 2026 sales tax is the actual number for November 2025.
She also spoke about how they are expecting the increased sales tax to return to normal
percentages in the summertime 2026.
Scott Wayman, Executive Director, went over the Reserve Fund model a little more in depth so
that the visitors could better understand the process.
3. Presentation and discussion of the 2025 Compliance Report. (A. Madison)
Amy Madison, Deputy Director, presented the 2025 Compliance Report. She reported that all
businesses are currently in compliance ahead of schedule. Amy reviewed the maximum grant
amounts, totals paid so far in 2026, the total amount paid in prior years, and the remaining
balances of all current Performance Agreements. She also provided a breakdown of all
businesses currently operating under Performance /Incentive Agreements with the EDC,
including the amount each business is owed or whether the agreement has been paid in full.
Amy explained the different types of Performance Agreements, which may include
Infrastructure, Tax Rebate, Infrastructure/Rebate, or Business Grant. Infrastructure agreements
typically cover improvements such as roads, sewer, and other related projects. Tax rebates are
based on the city taxes paid by the company and can fluctuate annually depending on the taxes
assessed. These rebates are reimbursed each year based on the percentage outlined in the
Performance Agreement. Business grants are provided as a lump sum payment once the business
SEDC Agenda February 26, 2026 Page 2 of 4
reaches compliance with the agreement terms.
William Dixon, Board President, commented that the explanation provided in the presentation
for the 2025 Compliance Report was very informative and helpful for the Board's learning
process.
4. Discussion regarding Schertz Economic Development Accreditation application from the
International Economic Development Council (IEDC). (A. Madison)
Amy Madison, Deputy Director, discussed the process of obtaining the Accredited Economic
Development Organization (AEDO) designation for the Schertz EDC, which is administered by
the International Economic Development Council (IEDC). She reviewed the goals and
importance of this accreditation, noting that it provides independent and authoritative feedback
on the organization's operations, structure, and procedures. She also explained that the
accreditation increases the visibility of the economic development process within the
community and recognizes the vital contributions made by the organization's leadership.
Amy further noted that AEDO accreditation evaluates several key areas including professional
leadership and staffing, as well as the organization's budget and resources, all of which are
critical to achieving the EDC's mission.
Amy also shared that she has served on the AEDO accreditation committee with the IEDC for
two economic development organizations in Texas, Corpus Christi EDC and Conroe EDC. She
noted there are currently 10 accredited AEDO's in the State of Texas, with 11 additional
organizations in the process of seeking accreditation, and a total of 94 AEDO's across the United
States.
5. Update on the Comprehensive Economic Development Strategic Plan 3.0. (A. Madison)
Amy Madison, Deputy Director, provided an update on the progress of the EDC's Strategic Plan
being developed with the consultant, TIP Strategies. She stated that the first Advisory Committee
meeting and community tour of Schertz are scheduled for March 12, 2026. Amy also noted that
TIP Strategies will present an update at the next Board meeting on March 26, 2026.
Closed Session
6. 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.
SEDC Agenda February 26, 2026 Page 3 of 4
• Core 5
• Schertz 35
• Park 35
Closed Session started at: 6:38 PM
Closed Session concluded at: 6:57 PM
Reconvene to Regular Session
Board President, William Dixon, reconvenes into Open Session at 6:57 PM.
7. Take any actions based on discussion held in closed session under Agenda Item No. 6.
No actions taken.
Requests and Announcements
Requests by Board Members to place items on a future SEDC Board Meeting agenda
No requests by Board Members
Announcements by Staff
• Park 35 - New Tenants Announcement
• Amy Madison named to Chair of Greater SATX partners.
• Ribbon Cuttings
• Next SEDC Regular Meeting - March 26, 2026
Scott Wayman, Executive Director, went over all announcements by staff. He mentioned Piada Italian
Street Food's Ribbon Cutting in Schertz Station is coming soon in March. Amy Madison, Deputy
Director, discussed shout -out from Will with Merit to the City of Schertz at the Growth Summit in
Seguin.
Adjournment
William Dixon, Board President, adjourned meeting at 7:03 PM.
MINUTES PASSED AND APPROVED THE 26TH DAY OF MARCH, 2026
William Dixon, are President
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SEDC oard b
SEDC Agenda February 26, 2026 Page 4 of 4