20190328 Minutes SEDC Board Reg Mo MtgMINUTES
THURSDAY, MARCH 28,2019
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular
Monthly Meeting on Thursday, March 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.
Board President Macaluso called the meeting to order at 6:00 p.m. and welcomed everyone in
attendance.
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Board of Directors:
Sammi Morrill — Board Secretary
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Roy Richard
Others present:
John Sullivan, Emilia no Guerrero.
Staff:
Kinateder — Executive Director
F!atty Horan — Executive Assistant
Jennifer Kolbe — Business Retention Manager
W,r. Mark Browne — City Manager
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
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PRESENTATIONS
3. SEDC monthly financial statement: February 2019. (J. Walters)
Mr. Kinateder provided the review of the financial statement revenue and expense report. The
State Comptroller's Office has not sent staff the February data on the sales tax results yet so therA
was no further update on the analysis this month.
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Mr. Kinateder guided the Board through a SWOT (Strengths, Weaknesses, Opportunities, and
Threats) assessment. During the exercise, the Board evaluated the current strengths and weaknesses
and the future opportunities and threats of the SEDC/City of Schertz. The SWOT assessment will
be used as the first step in defining which Projects the SEDC will pursue as it plans for the long-
term strategic use of SEDC reserves.
ITEMS FOR INDIVIDUAL CONSIDERATI N
7. Consider/Discuss/Act on approval of the minutes for the Board of Directors Regular Monthly
Meeting on Thursday, February 28, 2019. (P. Horan)
A motion to approve the minutes for the Board • Directors Regular Monthly Meeting on Thursda:Z
February 28, 2019 was made by Mr. Richard. Seconded by Ms. Morrill. Motion pass
unanimously 1'
'I POSINEIREWS I
A. Announcements by staff:
* Next Board regular monthly meeting — April 25, 2019
9, Information available in SEDC Board Packets —NO DISCUSSION TO OCCUR
No discussion occurred.
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Project E-045 a Project E-052
Project E-050 9 Project E-053
Project E-051 a Project E-054
11. 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. 10:
Ll.roject E-051 — Schertz 312 LLC. Discussion, public hearing, and possible action t&
Mr. Kinateder provided an overview and location of the project. He talked about the progress made
related to the City of San Antonio releasing the ETJ area of the property to be annexed by the City
of Schertz. The SEDC incentives for the infrastructure grant, not to exceed $2,500,000,00, are
conditioned to the successful annexation of the property into the City • Schertz.
[Fresident Macaluso read the following caption for the record and opened the public hearing-
SEDC RESOLUTION NO. 2019-5
Mr. Emiliano Guerrero representing the developer of the project introduced himself and offered to
answer any questions from the Board. No questions were asked.
A motion to approve a SEDC Resolution No. 5 authorizing a performance agreement for
Enfrastructure improvements with Schertz 312, LLC was made by Mr. Richard. Seconded by Mr.
Ortega. Motion passed unanimously.
President Macaluso recessed back into closed session to continue the briefing on the rest of the
projects listed on the agenda.
• Project E-045 9 Project E-053
• Project E-050 • Project E-054
• Project E-052
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Page 4 of 4 Schertz Economic Development Corporation Minutes 3-28-2019
Sammi Morrill
Board Secretary