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03-29-2012 Reg Mtg MinutesSScc~H~~~~Ri~r~ ECONOMIC DEVELOI~MENT MINUTES CITY OF SCHERTZ ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS Regular Meeting March 29, 2012 The City of Schertz Economic Development Corporation (EDC) Board of Directors met fat a Regular Meeting otf Thursday, Match 29~~, 2012 at 6:00 pm. in the City Cous~cil Chambers, 1400 Schertz Parkway, Schertz, Texas, 1. Call to order President called the meeting to order at approximately 6:00 p.m. and welcomed every=one in attendance 2. Roll Call Board of Directors: Harrp \Vlutne}=, President Angelina Kiser, Vice President Tim Brown, Treasurer/SecretaL~= Roy Richard 11~larvin Thomas Rosemar~~ Seott I~fatthe~v Dicke -- arrived at 6:15 p,tn. Others Present: Jitn Fowler - CaunciLnember Robert Brockman 3. Public comment None Staff David Gavin, SEDC Execuli~=e Director James ~~~alters, Finance Analyst Kyle Kinateder, EDC Analyst Patty Horan, Adtninistrati~=e Assistant ITEMS FOR INDIVIDUAL CONSIDERATION: 4. Consider/Discuss/Act on approval of the Minutes for the Regular Meeting held on February 23~h, 2012 A motion to approve the Minutes for the Regular Nleetit~g Held on February 23«t, 2(112 was made by Mt. T. Brown. Seconded by Mr. M. Tlioinas. Motion passed unanimously 5. Update on February 2012 Monthly Financial Report (Juan Santoya/Finance Director) it<Ir. James ~~lalters, Fir~aticial Analyst, provided a general recap of the highlights on the Financial Revenue and Expetzse Reports for the I\~Ionth of Febntary 2012 Page [ of 3 SEDC Reg. Mtg. Minutes 03/2912012 6. Director's Report Ivlr. Gavin briefed the Board on die following: ® Updates on eeisting projects: 1. Caterpillar-Texas Machining Technologies -Phase II expansion is now under construction 2. Annual Incentive Certification Process -Staff is wrapping up the certification process for Guadalupe County ensuring that all active recipients have received their beneftts and are performing according to the guidelines established in the associated agreement. Feedback thus far has been positive. Staff is still working on certificatian process far Corral County. Currently there are no development agreements for Bexar County. In a few months, Staff will provide a full report on all the benefits derived to the community by granting these incentives Updates on events attended and to be attended: 1. 10/35 ED Alliance -- Ivlr. Gavin provided highlights on our participation to the conferences listed behove representing our partnership with New Braunfels and Seguin as a team effort to promote and pool marketing resources for the Alliance o Data [Vorld Center Tradeshaw - 3/20-23/2012 -Las ~regas, NV o SAE World Congress 201.2 - 4/23-27/2012 --- Detroit, III 2. APA Annual Conference - 4/13-17/2012 -Los Angeles, CA --Staff will attend 3. Govert~ar's Office o NPE 2012 intetYtational Plastics Showcase- 4/1-G/2012 -Orlando, FL -- StafF will Attend to promote Schertz among thousands of worldwide plastic manufacturers o Updates on EDC Organizational Development 1. ED Analyst Introduction -- Mr. Gavin introduced die new ED Analyst, NTi. Kyle Kinateder. i~Ir. Gavin expressed gladness for having a full team after many tnondis Board Members asked various questions and/or clarifications related to the items discussed above as well as die SEDC mattlx, Lone Star Rail project, and status on the SEDC website upgrades. D4r. Gavin provided recap at~d answered questions from the Board. 7. Consider/Discuss/Act on approval to move next month's Regular Board Meeting scheduled for April 2b~~, 2012 to new date on Thursday, Apri119t'~, 2012 at G;00 p.m. Board agreed to move the next regular Board Meeting to Thursday, Apri119~, 2012 8. Requests by Board members to Director for information No information tivas requested 9. EXECUTIVE SESSION In accordance with section 551.087 DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; CLOSED IvIEETING. This chapter does not require a governmental body to conduct an open meeting: (1) to discuss or deliberate regarduig commercial or financial information that thte governmental body has received from a business prospect that die governmental body seeks to have locate, stay, or expand in or near the territary of the governmental body and with wlich die governmental body is conducting econonic development negotiations; or; {2) to deliberate the offer of a financial or oilier incentive to a business prospect described by Subdivision (1) Pagc 2 of 3 SEDC Reg. Mtg. p4inutes o3/Z912012 • Project Naodle • Project ~\~elltiess • Project Cold • Project Good Food • Project Good Neighbar Start Tune: G:35 p.m. End'I'ime: 7:1G p.m. 10. Discussion and appropriate action deemed necessary as discussed during executive session No action vas taken 11. ADJOURN President adjourned tl~e meeting at approximately 7:18 p.m. PASSED AND APPROVED THIS 19Eh DAY OF APRIL, 2012. C arry W ii iey - Preside~it r Ti ~ ro~v -Secretary/Treasurer Page 3 of 3 SEDC Reg. Mtg. Minutes 03I29i20E2