11-16-2017 Minutes SEDC Board Regular MeetingSCIHI]EIRZ FZ
ECONOMIC DEVELOPMENT CORPORATION
MINUTES
CITY OF SCHERTZ
ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MONTHLY MEETING
THURSDAY, NOVEMBER 16, 2017
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular
Monthly Meeting on Thursday, November 16, 2017 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 meeting to order at 6:00 p.m. and welcomed everyone in attendance.
Board of Directors:
Tim Brown — President
Gary Howell — Vice President
Paul Macaluso Treausurer/ Secretary
Roy Richard
Victoria Readnour
Mark Tew
Directors absent:
Katie Chain
2. Public comment.
No one spoke during public comment.
Staff:
Kyle Kinateder — SEDC Executive Director
Patty Horan — Executive Assistant - ED
Jennifer Kolbe — Business Retention Manager
ITEMS FOR INDIVIDUAL CONSIDERATION
3. Consider /Discuss /Act on approval of the Minutes for the Board of Directors Regular Monthly Meeting
held on Thursday, October 26, 2017 (P. Horan)
A motion to approve the Minutes for the Board of Directors Regular Monthly Meeting held on
Thursday, October 26, 2017 was made by Mr. G. Howell. Seconded by Ms. V. Readnour. Motion
passed unanimously.
4. Review of the SEDC Monthly Financial Report for the month of October 2017. a. Walters)
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Due to the closure processing of all accounts for the end of the fiscal year, Finance was not able to
produce the SEDC financial statement for the month of October at this time. Statement will be reviewed
at the next regular monthly meeting.
5. Consider /Discuss SEDC workforce initiatives (K. Kinateder /J. Kolbe) (Item requested by Board
Member K. Chain)
Staff provided an overview on ongoing initiatives regarding local and regional workforce development
efforts. Ms. Kolbe explained how workforce development is a focus area in the SEDC Business
Retention and Expansion Plan. Highlights of the presentation included discussions on: roundtable
meetings, labor rates, partnerships (school district, local and state agencies), employers' workforce needs,
and the EDC's ability to finance certain job training as allowed by the time Texas, m
Local overnent Code
501.101(x) and 501.162. Currently, only staff me has been allocated for workforce development
efforts.
6. Consider /Discuss /Act on certain infrastructure improvements on Main Street (K. Kinateder)
Upon request from City Council, Mr. Kinateder provided an overview of the Main Street Committee
and and efforts to redevelop of the Main Street in Schertz. The Committee seeks funds for roadways,
sidewalks, parking, signage, and building improvements to help revitalize Main Street. The committee
sought funding through the City's Local Flavor Policy; unfortunately, it failed to receive support and
was unfunded from the General Fund in the FY 2017 -18 budget. Mr. Kinateder led a discussion for the
SEDC Board of Directors for possible funding of infrastructure improvements on Main Street using
the Texas Local Government Code Section 501.103 which authorizes type B corporations for
expenditures on certain infrastructure improvement projects necessary to promote or develop new or
expanded business enterprises. Mr. Kinateder recommended $500,000 from the SEDC to be used for
infrastructure improvement. With the SEDC participation, funding for Main Street is projected as
follows:
■ $1,000.000 (Main Street Bond)
■ $ 350,000 (Roadway Funds)
■ $ 500,000 (SEDC Funds)
The Board cross - referenced all the information provided and voiced concerns with the limitations on
expanding parking, the floodplain, historical buildings, and other issues with the types of businesses
established in that area. The Board requested staff to help schedule a joint meeting with the Main
Street Committee and with City Council to have a better understanding of the ultimate vision and
redevelopment plans for Main Street Project.
No action was taken.
Director Mark Tew left the meeting at 6:48 p.m.
7. Director's Report. (K. Kinateder)
• Project updates
Mr. Kinateder reported that Council authorized the Amendment with GE Oil & Gas, LLC.
Texas Plumbing Supply Amendment offer was authorized and it's being processed. Evestra, Inc.
grant payment has been issued. Ace Mart Restaurant Supply Co. has finished out the interior
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construction for the project. Staff will be submitting a budget adjustment to City Council for
the Ace Mart incentive. The budget adjustment is necessary because of the timing of the project
in relandoship with the City's budget approval process.
Businesses visited
River Whey Creamery
Shook Mobile Technologies /Roll Techs Specialty Vehicles
Hollingsworth Logistics Group (HLG)
• Events attended
SEDC Manufacturing Roundtable
Alamo Colleges District Workforce Training Network Corporate College
SCUCISD College and Career Night
Schertz Fulfilment, Logistics Roundtable
Fabtech Trade Show and Recruitment Trip
8. REQUESTS AND ANNOUNCEMENTS
The following announcements were made:
A. Announcements:
• Office closed —Thanksgiving —Nov. 23 & 24, 2017
• Schertz Festival of Angels — Dec. 1, 2017
• SEDC Board Holiday Celebration Dinner —Dec. 7, 2017
• Office closed — Christmas Day — Dec. 25, 2017
• Office closed — New Year's Eve —Jan. 1, 2018
B. Requests by Board Members to place items on a future SEDC Board Meeting agenda.
No requests were made.
9. EXECUTIVE SESSION
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 -035 — A transportation and warehousing Project
• Project E -036 — A manufacturing Project
Start Time: 7:03 p.m.
End Time: 7:17 p.m.
RECONVENE TO REGULAR SESSION
President Brown reconvened in to regular session at 7:18 p.m.
10. Discussion 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. 9 -A:
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Project E -035
Project E -036
No action was taken.
ADJOURN
President Brown adjourned the meeting at 7:19 p.m.
MINUTES PASSED AND APPROVED THIS 25 DAY OF JANUARY 2018
Tim Brown - President Paul Macalusb — Treasurer/ Secretary
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