02-23-2012 Reg Mtg MinutesSS(C1H[1C1RZ~C'7L
ECONOMIC DEVELOPMENT
MINUTES
CITY OF SCHERTZ
ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
Regular Meeting
February 23, 2012
The City of Schertz Economic Development Corporation (EDC) Board of Directors met for a Regular
Meeting on Thursday, February 23~d, 2012 at 6:00 pm, in the City Council Chambers, 1400 Schertz Parkway,
Schertz, Texas.
1. Call to order
President called the meeting to order at approximately 6:01 p.m, and welcomed everyone in attendance
2. Roll Call
Board of Directors:
Harry Whitney, President
Angelina Kiser, Vice President
Tim Brown, Treasurer/Secretary
Roy Richard
Malvin Thomas -arrived at 6:05 p.m.
Matthew Duke -arrived at 6:15 p.m.
Absent:
Board Member: Rosemary Scott
Others Present:
Staff:
David Gwin, SEDC Executive Director
James Walters, Finance Analyst
Patty Horan, Administrative Assistant
Maggie Titterington -Schertz Chamber of Commerce
3. Public comment
None
4. Introduction of New Board Member: Matthew Duke
Mr. Whitney introduced and welcomed Mr. Matthew Duke to the Board and all present. Mr. Duke expressed
pleasure for being back as a member of the Board
ITEMS FOR INDIVIDUAL CONSIDERATION:
5. Consider/Discuss/Act on approval of the Minutes for the Regular Meeting held on January 12, 2012
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SEDC Reg. Mtg. Minutes 02!23/2012
A motion to approve the Minutes for the Regular Meeting held on January 12~, 2012 with clarification on Item
No. 7 on the amount approved to be approximately $51,485 was made by Mr. T. Brown. Seconded by Mr. R.
Richard. Motion passed unanimously
6. Update on January 2012 Monthly Financial Report (Juan Santoya/Finance Director)
Mr. James Walters, Financial Analyst, provided a general summary on the Financial Revenue and Expense
Reports for the Month of December 2011 and January 2012
7. Director's Report
Mr. Gavin briefed the Board on the following:
® Updates on existing projects:
1. Caterpillar-Texas Machining Technologies -Phase II expansion project underway
2. Abatement Schedule and Annual Certification Process -Staff has revamped the certification
process and database to improve accuracy of information on all past and active development
incentives
3. CIED Fund Discontinuance -CPS Energy discontinued funding for this incentive program.
Outstanding program balance of approximate $$150,000 was proposed to be applied to the
reserve fund to be used as an incentive for future projects
4. Guadalupe County Disbursement of Funds for ED Activities -The County will release
$12,727.43 to the SEDC for purposes of economic development. Plans are to use these funds
for upgrades to the EDC website and tradeshow booth
Updates on events attended and to be attended:
1. IEDC Leadership Summit -Held in San Antonio
2. 10/35 ED Alliance -Monthly meeting was held today. Focus on promoting the region
3. First Voice Event -Attended event with Tim-Brown -Real Estate Professionals Coalition
4. NB Manufacturing Association -Attended monthly meeting held in New Braunfels
5. Gateway Preview of Design Concepts -Feb. 29 and Mar.1, 2012 -Summary of planned events
6. Joint Meeting: City Council, P&Z and EDC Board -March 1, 2012 at 3pm. -Reminder of
upcoming meeting
® Updates on EDC Organizational Development
1. City Re-Organization -SEDC now reports directly to the City Manager
2. ED Analyst Position -Position has been filled. Candidate will start on February 27~, 2012
3. Part-Time ED Specialist Position Mr. Joshua Schneuker -Summary of qualifications
8. Consider/Discuss/Act on approval to move next month's Regular Board Meeting scheduled for March
22, 2012 to new date on Thursday, March 29th, 2012 at 6:00 p.m.
Board approved to move the next regular Board meeting to March 29~, 2012
9. Requests by Board members that items are placed on a future SEDC Agenda
No items were requested
10. Requests by Board members to Director for information
No items were requested
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SEDC Reg. Mtg. Minutes 02/23/2012
11: EXECUTIVE SESSION
In accordance with section 551.087 DELIBERATION REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS; CLOSED MEETING. This chapter does not require a governmental body 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 have 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
described by Subdivision (1).
• Project Delta
• Project Wellness
Start Time: 7:05 p.m.
End Time: 7:52 p.m.
12. Discussion and appropriate action deemed necessary as discussed during executive session.
No action was taken
13. Adjourn
President adjourned the meeting at approximately 7:55 p.m.
PASSED AND APPROVED THIS 29~h, DAY OF MARCH, 2012.
arry Whitney - Presid nt
~`
Tim Brow -Secretary/Treasurer
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SEDC Reg. Mtg. Minutes 02/23/2012