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20231116 Minutes SEDC Board Reg MtgSCIHIIIIRZ�F7Z ECONOMIC DEVELOPMENT CORPORATION MINUTES Thursday, November 16, 2023 The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly Meeting on Thursday, November 16, 2023. at 6:00 p.m. at the Hal Baldwin Municipal Complex, Council Chambers Conference Room, Building No. 4, 1400 Schertz Parkway, Schertz, Texas. This was 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. Board President Paul Macaluso presided over the meeting and called it to order at 6:00 p.m. Board of Directors Present: Paul Macaluso, Board President Bill Dixon, Board Member Mark Moody, Board Member Eryn McElory, Board Member Henry Hayes, Board Member Donna Steward, Board Member Board of Directors Absent: Sammi Morrill, Board Secretary/Treasurer Staff Present: Scott Wayman, Executive Director Holly Malish, Deputy Director Ashley Ritchey, Business Engagement Manager Tracy Miller, Administrative Assistant Brian James, Deputy City Manager Others Present: Bryan Byrd, Titan Development Ann McNeely, Citizen SEDC Board Member Oath of Office for member appointed by City Council on 11/14/2023 for a term of two years ending on 09/30/2025. (S.Edmondson) • Appointment: Donna Steward Sheila Edmondson, City Secretary, administered the Oath of Office to the new Board Member. Board President Paul Macaluso welcomed her and asked Board Member Donna Steward to give an introduction. Ms. Steward gave a brief introduction of her background. Hearing of Residents 3. 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. No residents signed up to speak. No comments were made. Minutes Approval of the minutes for the Board of Directors Regular Monthly Meeting held on Thursday, October 26, 2023. (T.Miller) Board President Paul Macaluso asked for a motion to approve the Minutes of the Board of Directors Regular Monthly Meeting held Thursday, October 26, 2023. Motion by Board Member Henry Hayes, seconded by Board Member Bill Dixon. AYE: Board President Paul Macaluso, Board Member Bill Dixon, Board Member Mark Moody, Board Member Eryn McElroy, Board Member Henry Hayes, Board Member Donna Steward. Presentations 5. Presentation by Bryan Byrd on Titan Schertz 312 Project. (S.Wayman) Scott Wayman, Executive Director, gave a brief overview of the Incentive Program and introduced Bryan Byrd, Development Manager of Titan Development. Mr. Bryd gave a brief overview of the Titan Schertz 312 Project and discussed the requested changes to the amendment. Discussion Items 6. Resolution 2023 -7 - Authorizing the amendment to the Performance Agreement Scherz 312 Phase I, Titan, Schertz 35 Business Park located on Tejas Way south of Doerr Ln. (S.Wayman) Board President Paul Macaluso asked for a motion to approve SEDC Resolution 2023 -7 authorizing the amendment to the Performance Agreement Schertz 312 Phase I, Titan, Schertz 35 Business Park located on Tejas Way south of Doerr Ln. Motion by Board Member Eryn McElroy, seconded by Board Member Donna Steward. AYE: Board President Paul Macaluso, Board Member Bill Dixon, Board Member Mark Moody, Board Member Eryn McElroy, Board Member Henry Hayes, Board Member Donna Steward. Board President Paul Macaluso recessed the meeting to closed session at 6:20 p.m. Closed Session 7. 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) the deliberate the offer of a financial or other incentive to a business prospect. • E -92 • E -88 • E -86 Start time: 6:21 p.m. End time: 7:20 p.m. Board President Paul Macaluso reconvened to regular session at 7:21 p.m. Reconvene to Regular Session 8. Take any actions based on discussion held in closed session under Agenda Item No. 7 No action was taken based on discussion held in closed session. Requests and Announcements • Announcements by staff. • Service Recognition - Board President Paul Macaluso • Offices closed for Thanksgiving November 23 -24, 2023 • Holiday Dinner - December 7, 2023 • Next Board Meeting - December 14, 2023 • Lauren Shrum, Parks and Recreation Director, will present December 2023 • John Nowak, Engineer will present on Tri -County Parkway and Lookout Rd. December 2023 • Missions, Goals and Objectives December 2023 - Holly Malish/Ashley Ritchey • Requests by Board Members to place items on a future SEDC Board Meeting agenda. Adjournment Board President Paul Macaluso adjourned the meeting at 7:31 p.m. MINUTES PASSED AND APPROVED THIS WDAY 2023. 1 Board President A /Z �' Board Secretary