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4-25-2019 Agenda SEDC Board Reg Mtg SEDC Agenda 4/25/2019 Page 1 of 2 NOTICE OF MEETING AGENDA THURSDAY, APRIL 25, 2019 The City of Schertz Economic Development Corporation (SEDC) Board of Directors will meet for a Regular Monthly Meeting on Thursday, April 25, 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. PRESENTATIONS 3. SEDC monthly financial statement: March 2019. (J. Walters) 4. SEDC Quarterly Report Q2 FY 2018-19. (D. Vincent) 5. SEDC FY 2019-20 recruitment activities. (K. Kinateder) 6. Forecast/planning of the SEDC reserves. (K. Kinateder) ITEMS FOR INDIVIDUAL CONSIDERATION 7. Consider/Discuss/Act on approval of the minutes for the Board of Directors Regular Monthly Meeting on Thursday, March 28, 2019. (P. Horan) 8. Consider/Discuss/Act on SEDC Resolution No. 2019-6 authorizing the adoption of the City of Schertz Revised Investment Policy and Strategy. (K. Kinateder) 9. Consider/Discuss/Act and public hearing on SEDC Resolution No. 2019-7 authorizing approximately $500,000 in SEDC funds for infrastructure improvements on Main Street. (K. Kinateder/B. James) 10. REQUESTS AND ANNOUNCEMENTS A. Announcements by staff: • Board packet formatting and content • Proclamation: Economic Development Week – May 6-11, 2019 • SAMA Tradeshow – May 8, 2019 • Next Board regular monthly meeting – May 23, 2019 • Office closed: Memorial Day – May 27, 2019 B. Requests by Board Members to place items on a future SEDC Board Meeting agenda. SEDC Agenda 4/25/2019 Page 2 of 2 11. 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-050 • Project E-052 • Project E-053 RECONVENE TO REGULAR SESSION 12. 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.11. ADJOURNMENT 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 22nd DAY OF April, 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.