20190725 Minutes SEDC Board Reg Mo MtgMINUTES
THURSDAY, JULY 25,2019
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a
Rew ar Mon i Meet n on Thursda Jul 25 2019 at 6:00 m. in the Hal Baldwin ivjuj ;Qi�
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.
Board of Directors present:
Staff.
Paul Macaluso — Board President
Kyle Kinateder — Executive Director
Jesse Hamilton — Board Vice President
Patty or —
Executive Assistant
Bryan Snowden
Jenifer Kolbe
— BRE Manager
Benjamin McDaniel
Drew Vincent
— ED Analyst
Jesse Carrasco
James Walters
— Director of Finance
Mark Brown —
City Manager
Others present. John Sullivan.
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Ms. Horan, on behalf of the City Secretary, administered the oath of office to new Board
hAember Jesse Carrasco on his first appointment to the Board.
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working with Projects. Mr. Kinateder was pleasantly surprised when he learned that Mr.
Carrasco was recently hired by Nexus Enterprises. Mr. Kinateder expressed his gladness that
Mr. Carrasco will be coming back to work in Schertz.
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Board President Macaluso tabled this item for next meeting to have all members present to
participate in the election.
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Presentations
6. SEDC monthly financial statement: June 2019. (J. Walters)
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Mr. Kinateder initiated a discussion with the Board to plan for short and long term uses for
the SEDC reserves. As part of the short term (next fiscal year), the Board discussed the
funding of road improvements particularly the Tri County Parkway mill and overlay. As
part of the long-term fimding, the Board discussed the various "ftmding buckets" and
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Board President Macaluso proposed to add funding for signage for the long-term plannin�ij
for visible recognition • the City limits. The Board asked staff to look into design and cos)
quotes for *:yiage. Dr. Browne shared his
other cities. Mr. Kinateder will see if there is opportunity to partner with other City
departments that may already have the promotion of City signage as part of their plan.
Items for individual consideration
Consider/Discuss/Act on approval of the minutes for the Board of Directors Special Called
Meeting on Thursday, June 20, 2019. (P. Horan)
A motion to approve the minutes for the Board of Directors Regular Monthly Meeting on
Thursday, June 20, 2019 was made by Mr. Macaluso. Seconded by Mr. Hamilton. Motion
passed with Mr. Carrasco's abstention due to not being present and not being a Boari
Member at that time.
10. Consider/Discuss/Act on an SEDC Resolution No. 2019-14 authorizing the Second
Amendment to the Economic Development Performance Agreement between Schertz; 312,
LLC and the City of Schertz Economic Development Corporation. (K. Kinateder)
A motion to approve the SEDC Resolution No. 2019-14 authorizing the Second
Amendment to the Economic Development Performance Agreement between Schertz 312,
LLC and the City of Schertz Economic Development Corporation was made by Mr.
McDaniel. Seconded by Mr. Carrasco. Motion passed unanimously.
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11. Consider/Discuss/Act on appointment to the Committee of Committees Advisory Board
(CC AB). (P. Macaluso)
Board President Macaluso tabled this item for next meeting to have all members present t*
participate in this appointment.
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Staff made the following announcements:
Special Industrial Park Community Budget Meeting 6592 Guada Coma on August 20, 2019
at 10 a.m.
• Project E-045
• Project E-055
• Project E-054
• Project E:O
• Project E 0
• Project E-01
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A motion to approve the SEDC Resolution No. 2019-15 was made by Mr. Snowden.
Seconded by Mr. McDaniel. Motion passed unanimously.
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