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7-23-2015 Minutes SEDC Reg Board MtgI *0T. 01 ril 111 a] M" E-01 0 , M1 fiffi-MUff- W- CITY OF SCHERTZ THURSDAY JULY 23RD, 2015 The City of Schertz Econon-Aic Developraent Corporation (SEDC) Board of Directors met for a Regular Monthly Meeting • Thursday, July 23', 2015 at 6:00 p.m. in the City Council Chambers, Conference Roorn., 1400 Schertz Parkway, Schertz, Texas. President Brown called the rneeting to order at 6:00 p.tn. and welcomed everyone in attendance. Board of Directors: Tim Brown — President Angelina Kiser — Vice President Staff. John 1,'-essel. — City Manager 1,;',-yle 1�,Jnateder - SEDC Executive Director Rosemary Scott — Secretary/Treasurer James Walters — Senior Budget Analyst Roy Richard Colin Sherman — ED Specialist Paul Macaluso Patty Horan — Executive Assistant - ED Absent: Director Grady Morris and Director Marvin Thomas Others present: Counciltneraber Jim Fowler Robert Brockman — Resident This time is set aside for any person who wishes to address the Board Each person shouldfill out the Citizen's to be Heard registry form prior to the meeting. Presentations should be limited to no more than 3 minutes. Thepresiding officer, during the Public Comment portion of the agenda, will call on those persons who 1;�Ve signed up to speak in the order they have registered. Mr. Brockman commented on shortage of staff for the planning and inspections departments, and commented on the new building codes. Public comments were discussed at the meeting and appropriate responses were provided. Page 1 of 3 Schertz EDC Minutes 7-23-2015 ITEMS FOR INDIVIDUAL CONSIDERATION 3. Consider /Discuss /Act on approval of the Minutes for the Board of Directors Regular Monthly Meeting held on Thursday, June 25`h, 2015. (P. Horan) A Motion to approve the Minutes for the Board of Directors Regular Monthly Meeting held on Thursday, June 25h, 2015 was made by Mr. Roy Richard. Seconded by Ms. Rosemary Scott. Motion passed unanimously. 4. Review of the SEDC Monthly Financial Report for the month of June 2015. (J. Walters) Mr. Walters provided a briefing of the SEDC Monthly Financial Report for the month of June 2015. 5. Director's Report. (K. Kinateder) Mr. Kinateder provided a summary on projects and events as follows: • Project Updates Property at 1300 Schertz Parkway • Events attended /to be attended Northeast Partnership Monthly Meeting — 7/9/2015 TexasOne — NY /NJ Business Recruitment Mission, NY — 7/13- 14/2015 City of Cibolo EDC — Workforce Solutions Labor Incentives Update — 7/16/2015 TexasOne — Roundtable Discussion — Austin, TX — 7/17/2015 SCOC Home Living Showcase Event— Schertz, TX— 7/18/2015 SCOC — Monthly Luncheon — 7/21/2013 Friends of the Nighthawks (FONS) — North Lakeview College — 7/22/2015 6. Requests by Board Members to Executive Director for information. There were no items requested. President Brown recessed the Regular Meeting at 6:24 p.m. into Executive Session. 7. EXECUTIVE SESSION A. The Schertz Economic Development Corporation Board of Directors will meet in closed session under Texas Government Code Section 551.071, Consultation with Attorney, to discuss and deliberate legal issues associated with the Economic Development Incentives Agreement (Amazon. com. KYDC LLC). B. 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 Page 2 of 3 Schertz EDC Minutes 7 -23 -2015 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 • business prospect. • Project E-011 • Project E-012 • Project E-013 f�THC start: 6-:Z•-P—.rd. Time end- 7-28 p.rn 8. Discussion and appropriate action deemed necessary as discussed during Executive Sessio 7A. Economic Development Incentives Agreement (Amazon.com.KYDC LLC) 7B. Project E-011, Project E-012, Project E-013 No action was taken as a result of Executive Session. President Brown adjourned the meeting at 7:30 p.ra. Tim" irQ w'n — President C 0 Rosemary Scott ® Secretary/Treasurer Page 3 of 3 Schertz EDC Minutes 7-23-2015