03-28-2024 Agenda SEDC Board Reg Meeting with packet
NOTICE OF MEETING
AGENDA
MARCH 28, 2024
6:00 P.M.
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will hold a regular monthly meeting on Thursday, MARCH 28, 2024. at
6:00 p.m. at the Hal Baldwin Municipal Complex, Council Chambers Conference Room, Building No. 4, 1400 Schertz Parkway, Schertz, Texas. This is an
open meeting, subject to the open meeting laws of the State of Texas.
In accordance with provisions of the Texas Open Meetings Act, Chapter 551, Texas Government Code notice is hereby given that a Possible Quorum of the
governing body of the City of Schertz, Texas may take place at this meeting.
Public Hearing
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.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
Thursday, February 22, 2024. (T.Miller)
Presentations
4.Staff briefing on SEDC monthly financial statement for the month of February 2024.
(J.Walters)
5.Presentation on Annual Certifications. (H.Malish)
6.Presentation by Perry Rizzo with Axiom Group, Inc. (S.Wayman)
Public Hearing
7.Resolution 2024-2 - Authorizing an Economic Development Performance Agreement
between the City of Schertz Economic Development Corporation and Axiom Group, Inc.
(S.Wayman)
Discussion Items
8.Resolution 2024-3 - Approval of the Independent Auditor's Report for the SEDC Annual
Financial Report for the Year Ending September 30, 2023. (Travis Roger, CPA, Audit
Supervisor of Pattillo, Brown and Hill, LLP/J.Walters)
9.Resolution 2024-1 - Approval of Amended SEDC Mission Statement and Goals.
(S.Wayman/H.Malish/A.Ritchey)
SEDC Agenda March 28, 2024 Page 1 of 3
Closed Session
10.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.
Project E-86
Project E-94
Reconvene to Regular Session
11.Take any actions based on discussion held in closed session under Agenda Item No. 10.
12.Resolution 2024-2 - Authorizing an Economic Development Performance Agreement
between the City of Schertz Economic Development Corporation and Axiom Group, Inc.
(S.Wayman)
Requests and Announcements
Announcements by staff:
Next Regular Board Meeting - April 25, 2024
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Adjournment
CERTIFICATION
I, Tracy Miller, Administrative Assistant, of the City of Schertz Economic Development Corporation, do hereby certify that
the above agenda was posted on the official bulletin boards on this the 22nd day of March, 2024, 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.
Tracy Miller
Administrative Assistant- Economic
Development
I certify that the attached notice and agenda of items to be considered by the Schertz Economic Development
Corporation Board of Directors was removed from the official bulletin board on _____day of _______________, 2024.
Name/Title:______________________________
This facility is accessible in accordance with the Americans with Disabilities Act. Handicapped parking spaces are available.
If you require special assistance or have a request for sign interpretative services or other services, please call 210-619-1070.
The 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.
SEDC Agenda March 28, 2024 Page 2 of 3
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.
SEDC Agenda March 28, 2024 Page 3 of 3
Agenda No. 3.
SEDC MEMORANDUM
SEDC
Board Meeting:03/28/2024
Department:Economic Development Corporation
Subject:Approval of the minutes for the Board of Directors Regular Monthly
Meeting held Thursday, February 22, 2024. (T.Miller)
SUBJECT:
Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, February
22, 2024. (T.Miller)
Attachments
02-22-2024
MINUTES
Thursday, February 22, 2024
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly
Meeting on Thursday, February 22, 2024. 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.
In accordance with provisions of the Texas Open Meetings Act, Chapter 551, Texas Government Code notice is
hereby given that a Possible Quorum of the governing body of the City of Schertz, Texas may take place at this
meeting.
Call to Order
1.Roll call, recognition of visitors, and review of meeting instructions for effective Board interaction and
public participation.
Board President Sammi Morrill presided over the meeting and called it to order at 6:00 p.m.
Board of Directors Present:Staff Present:
Sammi Morrill, Board President Scott Wayman, Executive Director
Bill Dixon, Board Vice President Holly Malish, Deputy Director
Henry Hayes, Board Secretary Ashley Ritchey, Business Engagement Manager
Donna Steward, Board Treasurer Tracy Miller, Administrative Assistant
Mark Moody, Board Member Brian James, Deputy City Manager
Eryn McElroy, Board Member
Reynaldo "Ray" Chavez, Board Member
Other Present:
Samuel Haas, Senior Planner
John Nowak, Engineer
Tim Brown, Councilmember, City Council EDC Liaison
Robert Marks Jr., Citizen
Hearing of Residents
2.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.
Ashley Ritchey, Business Engagement Manager spoke on the Chamber Leadership Core and her
participation.
Minutes
3.Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, January 25,
2024. (T.Miller)
Board President Sammi Morrill asked for a motion to approve the Minutes of the Board of Directors
Regular Monthly Meeting held on Thursday, January 25, 2024.
Motion by Board Member Ray Chavez, seconded by Board Treasurer Donna Steward.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Secretary Henry
Hayes, Board Treasurer Donna Steward, Board Member Mark Moody, Board Member Eryn
McElroy, Board Member Ray Chavez.
Unanimous affirmative vote - Motion carries.
Presentations
4.Staff briefing on SEDC monthly financial statement for the month of January 2024. (S.Wayman)
Scott Wayman, Executive Director, provided a summary and overview of the SEDC Financial Statement
for the month of January 2024.
January 2024 sales tax received was $494,034.45, expenses were $15,192.67, a 3.3% increase over the
year prior. The 12-month rolling average is 6.0% still trending up. Notable expenditures include
payments to SalesForce, Group C Media, and Hootsuite, Inc. for service members/contracts. Denton
Navarro for legal services and Oak Valley Vineyard for December board meeting expenses. Total Cash
& Investment figure at the end of January was $34.3 million.
While interest rates remain high, investment income is still double from this time last year and is almost
halfway to its annual estimate.
Discussion Items
5.Briefing and discussion on City of Schertz Comprehensive Plan. (S.Haas)
Samuel Haas, Senior Planner gave a brief update of the City of Schertz Comprehensive Plan. The current
plan being used was adopted in 2002. Sector Plans Supplements were adopted in 2013. The lifespan of
these documents is about 20 years. The new drafted plan consists of Community Snapshot, Focus Areas
and Engagement, Land Use and Economic Strategy and Appendices.
Tentative Schedule for adoption of the new 2024 Comprehensive Plan:
Planning and Zoning Commission Meeting (Advisory Committee) - March 6, 20241.
City Council First Reading - March 19, 20242.
City Council Final Reading and Adoption - April 2, 20243.
6.Briefing and discussion on proposed Main Street Design. (B.James)
Brian James, Deputy City Manager and John Nowak, Engineer gave a brief update on the Main
Street Overall Design and the Engineering Design Concept.
Preliminary Engineering to develop initial design concept completed
Met with the Main Street Committee multiple times to gather input and develop a vision for Main
Street
Submitted 70% design plans in 2023
Coordinated with all impacted utilities on Main Street as well as Texas Department of
Transportation (TxDOT)
Pavement reconstruction
Decorative pavement at key locations
Crosswalk patterns
Retaining walls
Street section design
Utilities
Required Infrastructure
The estimated cost of the project is $24.4 million.
Workshop
7.Staff and Board discussion restructuring SEDC Goals and Mission Statement. (H.Malish/A.Ritchey)
Ashley Ritchey, Business Engagement Manager gave an overview of the Mission Statement discussion
from the January 25, 2024, meeting and presented the proposed Mission Statement.
The Board approved to go forward with the proposed Mission Statement.
Holly Malish, Deputy Director gave a brief overview of the suggested Goals. After a brief discussion, the
Board approved to go forward with the proposed Goals.
The Mission Statement and Goals will be approved by resolution at the next board meeting.
Board President Sammi Morrill recessed Open Session to Closed Session at 7:08 p.m.
Closed Session
8.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.
Project E-86
Start time: 7:08 p.m.
End time: 7:37 p.m.
Board President Sammi Morrill reconvened to Open Session at 7:37 p.m.
Reconvene to Regular Session
9.Take any actions based on discussion held in closed session under Agenda Item No. 8.
No action was taken based on discussion in Closed Session.
Requests and Announcements
Announcements by staff:
SEDC Lunch & Learn at Schertz Civic Center - March 6, 2024
Next Regular Board Meeting - March 28, 2024
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Adjournment
Adjournment
Board President Sammi Morrill asked for a motion to adjourn the meeting.
Motion by Board Member Ray Chavez, seconded by Board Treasurer Donna Steward.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Secretary Henry
Hayes, Board Treasurer Donna Steward, Board Member Mark Moody, Board Member Eryn
McElroy, Board Member Ray Chavez.
Board President Sammi Morrill adjourned the meeting at 7:41 p.m.
MINUTES PASSED AND APPROVED THIS ___ DAY ___________ 2024.
____________________
Sammi Morrill
Board President
___________________
Henry Hayes
Board Secretary
Agenda No. 4.
SEDC MEMORANDUM
SEDC
Board Meeting:03/28/2024
Department:Economic Development Corporation
Subject:Staff briefing on SEDC monthly financial statement for the month
of February 2024. (J.Walters)
SUBJECT:
Staff briefing on SEDC monthly financial statement for the month of February 2024. (J.Walters)
Attachments
February 2024 Financials
620-SED CORPORATION
FINANCIAL SUMMARY OVERVIEW
Revenues
Sales Tax 589,276.32$ Payment Received in February
-4.0% Annual Decrease
6.2%12-Month Rolling Average
Expenses
Health Tx Company 25,000.00$
Team Texas Membership 8,000.00$
SSG 2024 Conf-Nashville 2,450.00$
Winter Conf-Comm Sponsor 1,075.00$
Year-to-Date
Total Revenue 3,848,998.85$
Total Expenses 498,748.70$
Over/Under 3,350,250.15$
Cash & Investments
Cash 807,314.45$
Investments 34,298,669.38$
Total 35,105,983.83$
*sales taxes are delayed 2 months from received to earned. Sales Taxes recognized in report are estimates and are adjusted to actual when payments are received.
C I T Y O F S C H E R T Z
*************************************************** 2 0 2 3 - 2 0 2 4 ***************************************************
REVENUE AND EXPENSE REPORT (UNAUDITED)
AS OF: February 29th, 2024
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620-SED CORPORATION CURRENT CURRENT PRIOR YEAR CURRENT Y-T-D BUDGET % OF
FINANCIAL SUMMARY BUDGET PERIOD Y-T-D ACTUAL Y-T-D ACTUAL ENCUMBR BALANCE BUDGET
REVENUE SUMMARY
Taxes 7,092,000 641,562.59 2,579,010.09 2,889,734.82 - 4,202,265.18 40.75%
Fund Transfers - - - 190,392 - (190,392) 0.00%
Miscellaneous 1,315,000 149,676.92 418,880.39 768,872.37 - 546,127.63 58.47%
TOTAL REVENUES 8,407,000 791,239.51 2,997,890.48 3,848,998.85 - 4,558,001.15 45.78%
EXPENDITURE SUMMARY
NONDEPARTMENTAL
City Assistance 3,027,510 25,000.00 50,000.00 25,000.00 - 3,002,510.00 0.83%
Fund Charges/Transfer 8,650,000 - - - - 8,650,000.00 0.00%
TOTAL NONDEPARTMENTAL 11,677,510 25,000 50,000 25,000.00 - 11,652,510.00 0.21%
ECONOMIC DEVELOPMENT
Supplies 1,000 - 252.06 207.11 - 792.89 20.71%
City Support Services 21,200 - 5,470.25 4,170.88 87.99 16,941.13 20.09%
Utility Services 975 - 49.00 53.01 - 921.99 5.44%
Operations Support 441,610 15,081.70 57,292.88 188,124.78 5,339.16 248,146.06 43.81%
Staff Support 24,575 1,052.55 8,009.86 6,263.42 461.25 17,850.33 27.36%
City Assistance 205,000 4.00 3,050.00 39.00 - 204,961.00 0.02%
Professional Services 61,300 105.00 5,362.00 1,449.00 - 59,851.00 2.36%
Fund Charges/Transfers 546,883 - 271,110.50 273,441.50 - 273,441.50 50.00%
Operating Equipment 5,000 - 278.12 - - 5,000.00 0.00%
TOTAL ECONO DEVELOPMENT 1,307,543 16,243.25 350,874.67 473,748.70 5,888.40 827,905.90 36.68%
TOTAL EXPENDITURES 12,985,053 41,243.25 400,874.67 498,748.70 5,888.40 12,480,415.90 3.89%
** REVENUE OVER(UNDER) EXPEND (4,578,053) 749,996.26 2,597,016 3,350,250
C I T Y O F S C H E R T Z
*************************************************** 2 0 2 3 - 2 0 2 4 ***************************************************
REVENUE AND EXPENSE REPORT (UNAUDITED)
AS OF: February 29th, 2024
2 of 7
620-SED CORPORATION CURRENT CURRENT PRIOR YEAR CURRENT Y-T-D BUDGET % OF
REVENUES BUDGET PERIOD Y-T-D ACTUAL Y-T-D ACTUAL ENCUMBR BALANCE BUDGET
Taxes
000-411500 Sales Tax Revenue (4B)7,092,000 641,562.59 2,579,010.09 2,889,734.82 - 4,202,265.18 40.75%
TOTAL Taxes 7,092,000 641,562.59 2,579,010.09 2,889,734.82 - 4,202,265.18 40.75%
Fund Transfers
000-486000 Transfer In - - - 190,391.66 - (190,391.66) 0.00%
TOTAL Fund Transfers - - - 190,391.66 - (190,391.66) 0.00%
Miscellaneous
000-491000 Interest Earned 15,000 720.75 5,623.82 6,040.52 - 8,959.48 40.27%
000-491200 Investment Earnings 1,300,000 148,956.17 413,256.57 762,831.85 - 537,168.15 58.68%
TOTAL Miscellaneous 1,315,000 149,676.92 418,880.39 768,872.37 - 546,127.63 58.47%
TOTAL REVENUES 8,407,000 791,239.51 2,997,890.48 3,848,998.85 - 4,558,001.15 45.78%
C I T Y O F S C H E R T Z
REVENUE REPORT (UNAUDITED)
*************************************************** 2 0 2 3 - 2 0 2 4 ***************************************************
AS OF: February 29th, 2024
3 of 7
Cash in Bank
Claim on Operating Cash Pool-Checking 807,314.45$
Cash in Investments
Texas Class Investment-Economic Development Corp 31,989,452.09
Schertz Bank & Trust-Certificate of Deposit 1 Year 1,135,273.80
Schertz Bank & Trust-Certificate of Deposit 6 Month 1,173,943.49
Total Cash in Bank & Investments 35,105,983.83$
CASH IN BANK AND INVESTMENTS
AS OF: February 29th, 2024
SED CORPORATION
4 of 7
16.3%-0.2%
3.9%
3.3%
-4.0%
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP
4B SALES TAX
By Collection Month
2023-24 2022-23 2021-22 2020-21
5 of 7
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 77 79 81 83 85 87 89 91 93 95 97 99
10
1
10
3
10
5
10
7
12 Month Rolling Average
Oct 2014 -Present
Rolling 12 Month Average Long Term Average
6 of 7
FUND VENDOR NAME DESCRIPTION AMOUNT
PROJECTS PHYSICIAN PRIME CARE MANAGEMENT, LTD Health Tx Company 25,000.00
Economic Development SED CORPORATIONTEDC Team Texas Membership 8,000.00
Winter Conf-Comm Sponsor 1,075.00
Excellence Reogn fee 100.00
Active Membership Renewal 550.00
UBEO Monthly Copier Charges 276.55
SITE SELECTORS GUILD, INC SSG 2024 Conf-Nashville 2,450.00
HOLLY MALISH Per diem 32.00
Mileage 41.58
SCOTT WAYMAN TCMA MTG-02/23/2024 50.00
ASHLEY RITCHEY Per diem 32.00
Mileage 41.58
DENTON, NAVARRO Legal Services - Jan 2024 105.00
CITIBANK Southwest Airlines 295.96
Americana Coffee Bar 19.72
Northeast Partnership 20.00
Shuttlefinder 78.85
Embassy Suites-Denton 378.38
Chili's 200.00
Notarize Inc 4.00
Northeast Partnership 20.00
Jimmy John's 48.16
Adobe Stock-February 29.99
Survey Monkey-Annual 468.00
ICSC LV-Registration 850.00
ICSC LV-Membership 125.00
ICSC LV-Reg-S.Williams 850.00
Grey House Blooms 75.00
Feb Chamber Luncheon 22.00
CITY OF SCHERTZ Postage 4.48
SUBTOTAL:16,243.25
TOTAL:$41,243.25
February 2024 PAYABLES REPORT
7 of 7
Agenda No. 8.
SEDC MEMORANDUM
SEDC
Board Meeting:03/28/2024
Department:Economic Development Corporation
Subject:Resolution 2024-3 - Approval of the Independent Auditor's Report for the
SEDC Annual Financial Report for the Year Ending September 30, 2023.
(Travis Roger, CPA, Audit Supervisor of Pattillo, Brown and Hill,
LLP/J.Walters)
BACKGROUND
Per State law requirements, the City of Schertz, and the City of Schertz Economic Development
Corporation ("SEDC") contract an independent licensed public accounting firm to perform an annual
financial audit. For FY 2022-2023 year, the CPA firm Pattillo, Brown, and Hill, LLP performed the
audit. The Finance Director and SEDC Executive Director have reviewed the audit findings and
financial statements as presented by the auditor.
During the Board meeting, the Audit Partner will make a presentation showing the financial
performance and financial health of the SEDC for the previous fiscal year ending on September 30,
2023. The Board of Directors will review the audit report attached hereto as Exhibit A. The Board will
be asked to make a formal vote for approval/disapproval.
COMMUNITY BENEFIT
The audit helps ensure that the SEDC funds are managed in accordance with the highest level of
standards.
FISCAL IMPACT
The SEDC audit cost is budgeted and will be charged to the Auditor/Accounting Services line item.
SUMMARY OF RECOMMENDED ACTION
Staff recommends approval of SEDC Resolution 2024-3.
Attachments
Res. 2024-3
FY 2023 Financial Audit
Agenda No. 9.
SEDC MEMORANDUM
SEDC
Board Meeting:03/28/2024
Department:Economic Development Corporation
Subject:Resolution 2024-1 - Approval of Amended SEDC Mission Statement and
Goals. (S.Wayman/H.Malish/A.Ritchey)
SUBJECT:
Resolution 2024-1 - Approval of Amended SEDC Mission Statement and Goals.
(S.Wayman/H.Malish/A.Ritchey)
Attachments
Res. 2024-1
SEDC RESOLUTION NO. 2024-1
A RESOLUTION BY THE CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION, TEXAS, APPROVING
AMENDED MISSION STATEMENT AND GOALS OF SUCH
CORPORATION AND OTHER MATTERS IN CONNECTION
THEREWITH
WHEREAS, the City of Schertz Economic Development Corporation (“SEDC”) is a
non-profit industrial development corporation duly established under the Development
Corporation Act of 1979, as amended (Section 501.001 et seq. Texas Local Government Code,
formerly Development Corporation Act of 1979) (the “Act”); and
WHEREAS, the Board of Directors of the Corporation and SEDC staff desires to alter
the Mission Statement and Goals by which the Corporation shall be governed and the
requirements for an action to be taken by the Board; and
WHEREAS, the Board of Directors have reviewed and approved the proposed
amendments to the existing Mission Statement and Goals of the Corporation and has determined
to authorize and approve such amendments; and
WHEREAS, the Board of Directors hereby finds and determines that the adoption of
this Resolution is in the best interests of the citizens of the City.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF SCHERTZ ECONOMIC DEVELOPMENT COPROPARTION THAT:
Section 1. The Board of Directors hereby approves the amended Mission Statement and
Goals for the Corporation in the form attached hereto as Exhibit A.
Section 2. The recitals contained in the preamble hereof are hereby found to be true, and
such recitals are hereby made a part of this Resolution for all purposes and are adopted as a part
of the judgment and findings of the Governing Body.
Section 3. All ordinances and resolutions, or parts thereof, which are in conflict or
inconsistent with any provision of this Resolution are hereby repealed to the extent of such
conflict, and the provisions of this Resolution shall be and remain controlling as to the matters
resolved herein.
Section 4. This Resolution shall be construed and enforced in accordance with the laws of
the State of Texas and the United States of America.
Section 5. If any provision of this Resolution or the application thereof to any person or
circumstance shall be held to be invalid, the remainder of this Resolution and the application of
such provision to other persons and circumstances shall nevertheless be valid, and the Board
hereby declares that this Resolution would have been enacted without such invalid provision.
Section 6. It is officially found, determined, and declared that the meeting at which this
Resolution is adopted was open to the public and public notice of the time, place, and subject
matter of the public business to be considered at such meeting, including this Resolution, was
given, all as required by Chapter 551, as amended, Texas Government Code.
Section 7. This Resolution shall be in force and effect from and after its final passage,
and it is so ordered.
PASSED AND ADOPTED, this ____ day of ________________ 2024.
CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION
_______________________________
Sammi Morrill, SEDC Board President
ATTEST:
________________________________
Henry Hayes, SEDC Board Secretary
EXHIBIT “A”
MISSION STATEMENT AND GOALS
EXHIBIT "A”
City of Schertz Economic Development Corporation Mission Statement
The mission of the City of Schertz Economic Development Corporation is to strategically
strengthen the City’s economy by attracting and retaining businesses, investing in infrastructure,
and promoting and enhancing the quality of life for residents and businesses through innovative
measures, creating a sustainable and vibrant community.
Goals
• Optimize the talent pipeline (Education, Workforce and Entrepreneurship/Small
Business)
• Expand industry base via targeted industries (Business Attraction, Retention and
Expansion)
• Improve quality of life (Main Street, Parks and Recreation, Aesthetics)
• Prioritize real estate assets and development strategies (Land Use, Infrastructure,
Roadways, Sidewalks)