1-17-2014 SEDC Agenda Special Called Board MtgPage 1 of 2 Schertz EDC Agenda 1-17-2014
NOTICE OF MEETING
CITY OF SCHERTZ
ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
SPECIAL CALLED MEETING
AGENDA
FRIDAY, JANUARY 17TH, 2014
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will meet for a
Special Called Meeting on Friday, January 17th, 2014 at 12:00 p.m. in the City Council Chambers,
Conference Room, 1400 Schertz Parkway, Schertz, Texas. This is an open meeting, subject to the open
meeting laws of the State of Texas. Notice of time, date, place, and agenda is hereby posted on or before
Tuesday, January 14th, 2014 at approximately 12:00 p.m., as required by law. This facility is wheelchair
accessible and accessible parking spaces are available. Audio units for the hearing impaired are available for
any meeting. Advanced notice is recommended.
1. CALL TO ORDER
2. Roll call and recognition of visitors.
3. Introduction of newly appointed Board Member: Sydney Verinder. (D. Gwin – Executive Director)
4. Public comment.
ITEMS FOR INDIVIDUAL CONSIDERATION:
5. Consider/Discuss/Act on approval of the Minutes for the Regular Monthly Board Meeting held on
Wednesday, November 13th, 2013.
6. Review of the SEDC Monthly Financial Reports for the months of October, November and
December 2013. (J. Walters – Finance Analyst)
7. Consider/Discuss/Act on a request for a Contact Information Amendment application form to
update name and/or address of primary company officials to receive notifications related to
economic development agreement information for the following entities: E.M. Limited Partnership
and CST Diamond, L.P. (D. Gwin – Executive Director)
Page 2 of 2 Schertz EDC Agenda 1-17-2014
8. Update on SPV Ventures, LLC payment of principal on note. (D. Gwin – Executive Director)
9. Consider/Discuss/Act on a recommendation for approval by the City Council of a First Amendment
to the Development Agreement with Amazon.com. (D. Gwin – Executive Director)
10. Consider/Discuss/Act on approval of an Economic Development Incentive Agreement among the
City of Schertz Economic Development Corporation, the City of Schertz, Texas, and GE Oil & Gas
Inc. (D. Gwin – Executive Director)
11. Director’s Report. (D. Gwin – Executive Director)
Projects Updates
Events attended/to be attended Updates
12. Consider/Discuss/Act on a request for cancellation of the next Regular Monthly Board Meeting
scheduled for Thursday, January 23, 2014. (D. Gwin – Executive Director)
13. Requests by Board Members to Director for information.
14. EXECUTIVE SESSION – 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 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.
Project White
RECONVENE
15. Discussion and appropriate action deemed necessary as discussed during Executive Session.
ADJOURN
I certify that this agenda was posted on or before Tuesday, January 14, 2014.
David Gwin
David Gwin, SEDC Executive Director