2-28-2018 Agenda SEDC Board Reg Mtg
SEDC Agenda 2/28/2019 Page 1 of 3
NOTICE OF MEETING
AGENDA
THURSDAY, FEBRUARY 28, 2019
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will meet for a
Regular Monthly Meeting on Thursday, February 28, 2019 at 6:00 p.m. in the Hal Baldwin Municipal Complex, Council Chambers, Building No. 4, Conference Room, 1400 Schertz Parkway, Schertz, Texas. This is an open meeting, subject to the open meeting laws of the State of Texas.
CALL TO ORDER
1. Roll call and recognition of visitors. 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.
CLOSED SESSION
3. The SEDC Board of Directors will meet in closed session pursuant to Section 551.071 of the Texas
Government Code to consult with its attorney to receive legal advice regarding a matter in which
the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code,
to wit:
- Economic Development Performance Agreement WR1, LLC
RECONVENE TO REGULAR SESSION 4. Take any action based on discussions held in closed session under Agenda Item 3.
PRESENTATIONS
5. SEDC monthly financial statement: January 2019. (J. Walters)
6. SEDC financial investments. (J. Walters) 7. SEDC Business Retention and Expansion update. (J. Kolbe)
8. Annual certification of economic development incentives update. (P. Horan)
9. SEDC recruitment activities. (Item requested by Board Member Hamilton) (K. Kinateder)
10. Forecast/planning of the SEDC reserves. (K. Kinateder) ITEMS FOR INDIVIDUAL CONSIDERATION
11. Consider/Discuss/Act on SEDC Resolution No. 2019-3 for the approval of the Independent
Auditor’s Report for the SEDC Annual Financial Report for the Year Ended September 30, 2018.
(Deborah Fraser, CPA/Armstrong, Vaughn and Associates)
12. Consider/Discuss/Act on approval of the minutes for the Board of Directors Regular Monthly Meeting on Thursday, January 24, 2019. (P. Horan)
SEDC Agenda 2/28/2019 Page 2 of 3
13. Consider/Discuss/Act on SEDC Resolution No. 2019-4 for approval of the First Amendment to the
Economic Development Performance Agreement with Schertz 312 LLC. (K. Kinateder)
14. REQUESTS AND ANNOUNCEMENTS
A. Announcements by staff:
• Wilenchik Walk for Life – March 2, 2019
• Next Board regular monthly meeting – March 28, 2019
B. Requests by Board Members to place items on a future SEDC Board Meeting agenda.
15. Information available in SEDC Board Packets – NO DISCUSSION TO OCCUR
• Annual Report to State Comptroller 16. CLOSED 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 E-045
• Project E-046
• Project E-050
RECONVENE TO REGULAR SESSION 17. 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 Closed Session under
Agenda Item No. 16:
• Project E-045
• Project E-046
• Project E-050 ADJOURNMENT
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CERTIFICATION
I, PATTY HORAN, EXECUTIVE ASSISTANT OF THE CITY OF SCHERTZ ECONOMIC DEVELOPMENT
CORPORATION, DO HEREBY CERTIFY THAT THE ABOVE AGENDA WAS PREPARED AND POSTED ON THE OFFICIAL BULLETIN BOARD ON THIS THE 25th DAY OF FEBRUARY, 2019 AT 5:00 P.M., WHICH IS A PLACE READILY ACCESSIBLE TO THE PUBLIC AT ALL TIMES AND THAT SAID NOTICE WAS POSTED IN ACCORDANCE
WITH CHAPTER 551, TEXAS GOVERNMENT CODE.
Patty Horan
Executive Assistant- Economic Development
This facility is wheelchair accessible and accessible parking spaces are available. Audio units for the hearing impaired are
available for any meeting. If you require special assistance, please call 210-619-1030 at least 24 hours in advance of meeting. The City of Schertz Economic Development Corporation Board of Directors reserves the right to adjourn into Closed Session at any time during the course of this meeting to discuss any of the matters listed above, as authorized by the Texas Open
Meetings Act. Closed Sessions Authorized: This agenda has been reviewed and approved by the City’s legal counsel and the presence of any
subject in any Closed Session portion of the agenda constitutes a written interpretation of Texas Government Code Chapter
551 by legal counsel for the governmental body and constitutes an opinion by the attorney that the items discussed therein may be legally discussed in the closed portion of the meeting considering available opinions of a court of record and opinions of the
Texas Attorney General known to the attorney. This provision has been added to this agenda with the intent to meet all elements necessary to satisfy Texas Government Code Chapter 551.144(c) and the meeting is conducted by all participants in reliance on this opinion.