11-13-2013 Minutes SEDC Reg Board MtgSCII 111EIRZIF7Z
ECONOMIC DEVELOPMENT
MINUTES
CITY OF SCHERTZ
ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MONTHLY MEETING
WEDNESDAY, NOVEMBER 13TH, 2013
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular
Monthly Meeting on Wednesday, November 13th, 2013 at 6:00 p.m. in the Schertz Civic Center, Conference
Hall, 1400 Schertz Parkway, Building 5, Schertz, Texas.
1. CALL TO ORDER
President Brown called the meeting to order at 6:00 p.m. and welcomed everyone in attendance.
2. Roll call and recognition of visitors.
Board of Directors:
Tim Brown — President
Angelina Kiser — Vice President
Rosemary Scott — Secretary /Treasurer
Roy Richard
Marvin Thomas
Matthew Duke
Absent:
Board Member Grady Morris
Staff:
David Gwin — SEDC Executive Director
James Walters — Finance Analyst
Kyle Kinateder — ED Analyst
Patty Horan — Administrative Assistant
Others present:
Robert Brockman, Dawn Vernon, and Maggie Titterington
3. Public comment.
None
ITEMS FOR INDIVIDUAL CONSIDERATION:
4. Consider /Discuss /Act on approval of the Minutes for the Regular Monthly Board Meeting
held on Thursday, July 25th, 2013.
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A Motion to approve the Minutes for Regular Monthly Board Meeting held on Thursday, July 25Lri
2013 was made by Mr. Richard. Seconded by Mr. Duke. Motion passed unanimously.
5. Review of the SEDC Monthly Financial Reports for the months of July, August, September,
and October 2013. (J. Walters — Finance Analyst)
Mr. Walters provided an overview of the SEDC Monthly Financial Statement Reports for the months
of July, August and September 2013. October Report was not available at this time and it will be
reviewed on the next monthly meeting.
6. Consider/Discuss/Act on a recommendation for approval by the City Council of a Firs
Amendment to the Development Agreement with Caterpillar, Inc. (D. Gwin — SEDI
December
7. 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 General Electric/Salof Refrigeration, Inc. (D. Gwin — SEDC Executive Director)
A Motion to approve an Economic Development Incentive Agreement among the City of Sc hertz
Economic Development Corporation, the City of Sc hertz, Texas, and General Electric as and
Oil/Salof Refrigeration, Inc. as discussed was made by Mr. Thomas. Seconded by Ms. Kiser.
Motion passed unanimously.
8. Director's Report. (D. Gwin — SEDC Executive Director)
• Projects Updates
• Events attended/to be attended Updates
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Mr. Gwin showed current pictures and shared highlights on the following existing projects:
0 Amazon.com — Conducted several local hiring events *in July and August
• Salof — Completed GE Integration Process
• SPV — Construction of medical Bldg. 400 is completed
• Sc hertz Plaza — Excltm*g project on FM 78 and FM 3009
• Valero Gas Station — Sc hertz Parkway and Live Oak
9 Oaks at Green Valley 3009
Mr. Gwin attended and provided highlights on the following events:
0 Salof — 8/8/2013 Toured the facilities with other City Officials
• First Community Budget Meeting — 8/15/2013
• SCOC Monthly Luncheon — 8/20/2013
• NEP Monthly Meeting — 10/24/2013
• ICSC Texas Conference &Deal Making— 11/6-8/2013 —Dallas, TX
9. Requests by Board Members to Director for informatiotf.
The Board requested and agreed to cancel the next Regular Monthly Board Meeting schedule for
November 28, 2013.
The Board requested and agreed to hold a team building gathering tentatively on December 13, 2013.
Mr. Duke took a moment to say his farewell and thanked the Board and the Staff for their friendship
and support as he is parting from the Board to take his seat as an elected official on the City Council.
He left the meeting at 7:11 p.m.
10. EXECUTIVE SESSION — Called in accordance with Section 551.087 of the Texas Government
1
Code,, Deliberation Regarding Econornic Development Negotiations; Closed Meeting. The
governmental body is not required to conduct an open meeting (1) to discuss or deliberate regarding
commercial or financiai intor tion that the governmental body has received from a business
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Start time: 7:16 p.m.
End time: 7:46 p.m.
President Brown reconvened the meeting into regular session at 7:47 p.n]
11. Discussion and appropriate action deemed necessary as discussed during Executive Session.
President Brown adjourned the meeting at 7:47 p.m.
PASSED AND APPROVED THIS 17 h DAY OF JANUARY 2014.
Tim rown — President
Rosemary Scott — Secretary/Treasuret
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