5-28-2020 Agenda SEDC Board Reg Mo Mtg
SEDC Agenda 5/28/2020 Page 1 of 2
NOTICE OF MEETING
AGENDA THURSDAY, MAY 28, 2020
The City of Schertz Economic Development Corporation (SEDC) Board of Directors Regular Monthly Meeting on Thursday, May 28, 2020, at 6:00 p.m. at the Hal Baldwin Municipal Complex, Council Chambers, Building No. 4, 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, recognition of visitors, and review of meeting instructions for effective Board interaction and public participation.
Hearing of residents
2. Public comment - This time is set aside for any person who wishes to address the Board.
Presentations should be limited to no more than 3 minutes. The presiding officer will call on those persons who have signed up to speak.
Minutes
3. Approval of the minutes for the Board of Directors Regular Monthly Meeting held on Thursday, April 23, 2020. (P. Horan) Presentations
4. SEDC monthly financial statements: April 2020. (J. Walters)
5. CY 2019 Annual Incentive Certification Update. (A. Perez) 6. Business Retention Update. (J. Kolbe) 7. Briefing on SEDC FY2020 Budget Amendment Update. (A. Perez)
Items for individual briefing and consideration
8. Briefing and possible action on SEDC Resolution No. 2020-3 authorizing the assignment of the economic development incentive agreement with WR1, LLC to 1290 Entertainment, LLC. (A. Perez)
Closed Session
9. Called in accordance with Section 551.071 and 551.087 of the Texas Government Code, Consultation with Attorney and 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, or on 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 the Act
SEDC Agenda 5/28/2020 Page 2 of 2
• Project E-045 • Project E-059
• Project E-061 • Texas Plumbing
• Ace Mart • Major Wire
Reconvene to regular session 9a. Take any actions based on discussion held in closed session under Agenda Item No. 9. 10. Information available in SEDC Board Packets – NO DISCUSSION TO OCCUR
• Staff recognition Requests and announcements 11. Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Announcements by staff:
• Next Board Meeting – June 25, 2020 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 22 DAY OF
MAY, 2020 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.