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7-28-2016 Minutes SEDCReg Board MtgSSCC]H[]C]RZ��J ECONOMIC DEVELOPMENT CORPORATION MINUTES CITY OF SCHERTZ ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS REGULAR MONTHLY MEETING THURSDAY, JULY 28, 2016 The City of S chertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly Meeting on Thursday, January 28h, 2016 at 6:00 p.m. in the City Council Chambers, Conference room, 1400 Schertz Parkway, Schertz, Texas. CALL TO ORDER 1. Roll call and recognition of visitors. President Brown called the rneeting to order at 6:00 p.m. and welcomed everyone in attendance. Board. of Directors: Tim Brown — President Angelina Kiser — Vice President Roy Richard Paul Macaluso Katie Chain Gary Howell Staff: Kyle Kinatede-t — SEDC Executive Director Patty Hogan — Executive Assistant - ED James WalteYS — Finance Assistant Director Brian James — Executive Dig. Development Absent Directo-ts: Rosemary Scott Others present: Councilmember Jim Fowles, Steven Martinez 2. Public comment. This time is set aside for any person who wishes to address the Board. Each person should fill out the Citizen's to be Heard registry form prior to the meeting. Presentations should be limited to no more than 3 minutes. The presiding officer, during the Public Comment portion of the agenda, will call on those persons who have signed up to speak in the order they have registered. Mr. Martinez introduced himself and announced his candidacy for a city- council seat in the upcoming city elections. He shared a brief summary of his personal and professional profile. 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 23`d, 2016. (P. Horan) Page 1 of 5 Schertz Economic Development Corporation Minutes 7-28 -2016 A motion to approve the minutes for the Board of Directors Regular Monthly Meeting held on Thursday, June 23rd, 2016 was made by Mr. Roy Richard. Seconded by Ms. Angelina Kiser. Motion passed unanimously. 4. Review of the SEDC Monthly Financial Report for the month of June 2016. (J. Walters) Mr. Walters provided an overview of the SEDC Monthly Financial Statements Report for the months of June 2016. 5. Discussion on business park roadway construction /improvements. (K. Kinateder /B. James) Mr. Kinateder opened the discussion by providing a recap from previous Board Meetings regarding the need for infrastructure improvements within our business parks along with the ability to strategically utilize SEDC reserves. Next, Mr. James provided an update on the City's efforts to address roadway improvements throughout the City. The City will use a Paving Condition Index (PCI) along with other quantitative and qualitative tools to develop a roadway repair program. The program will account for budgetary constraints but overtime all the toads will be properly maintained. Mr. Kinateder added that SEDC funds could be used, with the appropriate Board findings, to repair roads within business areas. The Board discussed the City's roadway program and the need to repait our commercial roads especially because of the wear and tear from heavy duty trucks. The Board also discussed the need to make long - lasting tepaits rather than tempotary fixes. The Board discussed other issues that should be taken into account such as drainage. The Board acknowledge the potential expenses of repairing the roads and also expressed the need to maintain a healthy teserve account for other economic development projects. No action was taken. 6. Consider /Discuss /Act on the City of Schertz Economic Development Corporation ( "SEDC ") Construction Agreement with KIVIAC Construction Services, Inc. for the demolition and revegetation of 1300 Schertz Parkway associated with the completion timeline of the contract. (K. Kinateder) Mr. Kinateder provided a brief history of the demolition project at 1300 Schertz Parkway and the construction agreement with KMAC Construction Services Inc. He explained that as part of the agreement, Kl`VIAC was responsible for completing the project within 60 calendar days from issuance of the Notice to Proceed on May 9, 2016. Due to delays, KMAC was not able to complete the project within the allotted time. Mr. Kinatedet recommended to work with I MAC on the completion of the project by extending the timeline of completion to a -reasonable amount of time. A motion to authorize a ninety day time extension for completion of work as described on the City of Schertz Economic Development Corporation ( "SEDC ") Construction Agreement with KMAC Construction Services, Inc. for the demolition and tevegetation of 1300 Schertz Parkway was made by Mr. R. Richard. Seconded by Ms. K. Chain. Motion passed unanimously. Page 2 of 5 Schertz Economic Development Corporation Minutes 7 -28 -2016 7. Consider /Discuss /Act on the Agreement For Provisions of Professional Services Between The City of Schertz and The City of Schertz Economic Development Corporation and recommend approval by the City Council for the expenditures provided for in the Agreement For Provisions of Professional Services Between The City of Schertz and The City of Schertz Economic Development Corporation in the amount of $430,445.00 for the FY 2016 -17 fiscal year. (K. Kinateder) Mr. Kinatedet explained that each year the SEDC transfers funds to the City of Schertz for expenses that are related to the SEDC. The Service Agreement formalizes the transfer of funds by detailing the sp ecific s ervices that will b e provided to the SED C. The s ervices will include: providing administrative staff (Executive Director, Business Retention Manages, Marketing and Recruitment Manager, and Executive Assistant) and support (Human Resources, IT, Payroll, City Management, City Secretary, etc.), managing financial records, preparing the budget, and providing office space. The Service Agreement will be renewed annually as part of the budget process. The total amount of the Service Agreement is $430,445.00 which was calculated using the SEDC Board's recommended FY 2016 -17 budget. A motion to approve the Agreement for Provisions of Professional Services between the City of Schextz and the City of Schertz Economic Development Corporation and recommend approval by the City Council for the expenditures provided for in the Agreement in the amount of $430,445.00 for the FY 2016 -17 fiscal year was made by Mr. P. Macaluso. Seconded by Ms. A. Kiser. Motion passed unanimously. 8. Director's Report. (K. Kinateder) Mr. Kinateder provided project updates on the Director's report included in the Board packet. Some highlights at the meeting included: • Ptoj ect Updates ■ Major Wire Texas, Inc. Received their Cettificate of Occupancy on July Sf, 2016 qualifying for economic development incentive grant payment. Staff will monitor Major Wire's annual compliance to the incentive agreement. • SEDC Board of Director Resignation The Board was notified of Ms. Rosemary Scott's resignation from the Board. Ms. Scott has relocated from the City. The Board expressed their appreciation for Ms. Scott and her many years of service. • SEDC Personnel Provided an update on current job vacancies. • Vestal Subdivision Drainage Companies will be writing letters to TxDOT in support of funding the drainage project. • Marketing Campaign Provided an update on the online digital ad campaign.. • Businesses Visited Page 3 of 5 Schertz Economic Development Corporation Minutes 7 -28 -2016 Hollingsworth Logistic Group. • Events Attended SCUC ISD- CTE Tour of ITM I June 16"' TexasOne Supporter Luncheon I July 7th I Austin, TX Northeast Partnership for Economic Development I July 14th REQUESTS AND ANNOUNCEMENTS 9. Requests by Board Members that items be placed on a future SEDC Board Meeting Agenda. No requests were made. Board recessed the Regular Meeting *into Executive Session at 6:56 p.m. 10. EXECUTIVE SESSIONS A. 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 E -021 • Proj ect E -023 Start Time: 6:57 p.m. End Time: 7:10 p.m. B. Called in accordance with Section 551.072 of the Texas Government Code, DELIBERATION REGARDING REAL PROPERTY; CLOSED MEETING. A governmental body may conduct a closed meeting to deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person. • Project E -024 Start Time: 7:10 p.m. — Mr. Roy Richard recused himself from this session. End Time: 7:35 p.m. RECONVENE TO REGULAR SESSION President Brown reconvened to Regular Session at 7:35 p.m. Page 4 of 5 Schertz Economic Development Corporation Minutes 7 -28 -2016 11. Discussion, public hearing and possible action to authorize the SEDC Executive Director to take the necessary and appropriate actions to proceed with negotiations based on discussions held in Executive Session under Agenda Item No.10: • Project E -021 • Project E -023 — Discussion, public hearing, and possible action relating to an expenditure of up to $112,500 in SEDC Funds to assist a warehouse and distribution project. • Project E -024 No Action was taken. AvJouxly President Brown adjourned the meeting at 7:36 p.m. MINUTES PASSED AND APPROVED THIS 25TH DAY OF AUGUST, 2016. r - n -- President Page 5 of 5 Schertz Economic Development Corporation Minutes 7 -28 -2016 J//,/ V, �Wgelina Kiser -- Vice President