20240829 Minutes SEDC Board Reg MtgS(CHIERTZ
ECONOMIC DEVELOPMENT CORPORATION
MINUTES
Thursday, August 29, 2024
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Special Meeting on Thursday,
August 29, 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
William "Bill" Dixon, Board Vice President
Henry Hayes, Board Secretary
Eryn McElroy, Board Member
Reynaldo 'Ray" Chavez, Board Member
Board of Directors Absent:
Donna Steward, Board Treasurer
Mark Moody, Board Member
Hearing of Residents
Staff Present:
Scott Wayman, Executive Director
Amy Madison, Deputy Director
Ashley Ritchey, Business Engagement Manager
Tracy Miller, Administrative Assistant
Brian James, Deputy City Manager
Others Present:
Tim Brown, Councilmember City Council EDC Liaison
Allison Heyward, Councilmember City Council EDC Liaison
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.
No residents signed up to speak. No comments were made.
Presentations
Introduction of new Deputy Director Amy Madison. (S.Wayman)
Scott Wayman, Executive Director introduced Amy Madison, Deputy Director and provided the Board with a
synopsis of her work experience.
Discussion Items
4. Resolution 2024 -11- Briefing, public hearing and possible action on recommending approval by the City Council
for the proposed Schertz Economic Development Corporation FY 2024 -25 Budget and Reserves. (S.Wayman)
Scott Wayman, Executive DIrector presented an overview of the fiscal year 2024 -25 proposed budget. Total Fund
balance is estimated $40.2 million for October 1, 2024. Total revenue is estimated at $8.4 million, total project costs
for SEDC contractual obligations is estimated at $17.2 million, including Core 5, Kellum, Titan Phase 2, Caterpillar
expansion, Schertz Station, Palapas Schertz, NAI Signs, Lookout Rd and the Soccer Field Lights.
Board President Sammi Morrill opened the public hearing at 6:16 p.m.
No comments were made.
Board President Sammi Morrill closed the public hearing at 6:16 p.m.
Board President Sammi Morrill asked for a motion to approve SEDC Resolution 2024 -11, a resolution by the City of
Schertz Economic Development Corporation, Texas providing a recommendation to the City Council for the SEDC
Fiscal Year 2024 -25 Budget, and other matters in connection therewith.
Moved by Board Member Eryn McElroy, seconded by Board Secretary Henry Hayes.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Secretary Henry Hayes,
Board Member Eryn McElroy, Board Member Ray Chavez.
Unanimous affirmative vote - Motion carries.
Adjournment
Board President Sammi Morrill adjourned the meeting at 6:17 p.m.
MINUTES PASSED AND APPROVED THIS -&I DAY 2024.
i'i Morrill
Board President
Donna Steward
Board Treasurer