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20240222 Minutes SEDC Board Reg Mtg�)CIHIIIIRZ F7/ ECONOMIC DEVELOPMENT CORPORATION 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: Sammi Morrill, Board President Bill Dixon, Board Vice President Henry Hayes, Board Secretary Donna Steward, Board Treasurer Mark Moody, Board Member 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 Staff Present: Scott Wayman, Executive Director Holly Malish, Deputy Director Ashley Ritchey, Business Engagement Manager Tracy Miller, Administrative Assistant Brian James, Deputy City Manager 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 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 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: 1. Planning and Zoning Commission Meeting (Advisory Committee) - March 6, 2024 2. City Council First Reading - March 19, 2024 3. City Council Final Reading and Adoption - April 2, 2024 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 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. WA � l Sammi Morrill Board President r—J Henry efes Board et•