01-23-2025 Agenda SEDC Board Reg Meeting with packet
NOTICE OF MEETING
AGENDA
JANUARY 23, 2025
6:00 P.M.
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will hold
a regular monthly meeting on Thursday, JANUARY 23, 2025, 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.
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, November 21, 2024 (T.Miller)
Presentations
4.Staff briefing on SEDC monthly financial statement for the months of November and
December 2024. (S.Wayman)
5.Presentation on updates to Water and Wastewater Impact Fees. (B.James/L.Busch)
6.Staff briefing and update on SEDC Projects in progress. (S.Wayman)
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) to deliberate the offer of a
SEDC Agenda January 23, 2025 Page 1 of 2
conducting economic development negotiations; or (2) to deliberate the offer of a
financial or other incentive to a business prospect.
Project E-99
Project E-100
Reconvene to Regular Session
8.Take any actions based on discussion held in closed session under Agenda Item No. 7.
Requests and Announcements
Announcements by staff:
Offices Closed February 17, 2025 - Presidents' Day
Next Regular Board Meeting - February 27, 2025
Resignation of Board Secretary Henry Hayes
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 16th day of January, 2025, 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 _______________,
2025.
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.
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 January 23, 2025 Page 2 of 2
Agenda No. 3.
SEDC MEMORANDUM
SEDC
Board Meeting:01/23/2025
Department:Economic Development Corporation
Subject:Approval of the minutes for the Board of Directors Regular
Monthly Meeting held Thursday, November 21, 2024 (T.Miller)
SUBJECT:
Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday,
November 21, 2024 (T.Miller)
Attachments
11-21-2024
MINUTES
Thursday, November 21, 2024
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly Meeting on
Thursday, November 21, 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 6:15 p.m.
Board of Directors Present:Staff Present:
Sammi Morrill, Board President Scott Wayman, Executive Director
William "Bill" Dixon, Board Vice President Amy Madison, Deputy Director
Henry Hayes, Board Secretary-arrived at 6:42 p.m. Ashley Ritchey, Business Engagement Manager
Mark Moody, Board Member Tracy Miller, Administrative Assistant
Eryn McElroy, Board Member Brian James, Deputy City Manager
Board of Directors Absent:Others Present:
Donna Steward, Board Treasurer Allison Heyward, Councilmember City Council EDC Liaison
Reynaldo "Ray" Chavez, Board Member
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.
No residents signed up to speak. No comments were made.
Minutes
3.Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, October 24, 2024.
(T.Miller)
Board President Sammi Morrill asked for a motion to approve the Minutes of the Board of Directors Regular
Monthly Meeting held Thursday, October 24, 2024.
Moved by Board Member Eryn McElroy, seconded by Board Vice President Bill Dixon.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Member Mark Moody, Board
Member Eryn McElroy.
Unanimous affirmative vote - Motion carries.
Presentations
4.Staff briefing on SEDC monthly financial statement for the month of October 2024. (S.Wayman)
Scott Wayman, Executive Director gave a brief overview of the SEDC Financial Statement for October 2024.
October 2024 sales tax received was $511,724.88, expenses were $675,792.56, a 13% decrease over the year prior.
The 12-month rolling average is 1.3% still trending up. Notable expenditures include an incentive payment to
Kellum Real Estate LLC, a payment to City of Schertz for semi-annual services, payments to Greater SATX and
Schertz Chamber of Commerce for annual membership dues and a payment to TML Intergovernmental Risk Pool for
insurance. Total Cash & Investments figure at the end of October was $39.1 million.
Board President Sammi Morrill recessed Open Session to Close Session at 6:21 p.m.
Closed Session
5.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)
to deliberate the offer of a financial or other incentive to a business prospect.
Project E-99
Start time: 6:21 p.m.
End time: 6:59 p.m.
Board President Sammi Morrill reconvened to Open Session at 7:00 p.m.
Reconvene to Regular Session
6.Take any actions based on discussion held in closed session under Agenda Item No. 5.
No action taken based on discussion in Closed Session.
Requests and Announcements
Announcements by staff:
Offices Closed November 28-29, 2024 - Thanksgiving Holiday
Next Regular Board Meeting - December 12, 2024
Holiday Dinner - December 12, 2024, RSVP by December 2, 2024
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
No comments were made.
Adjournment
Board President Sammi Morrill asked for a motion to adjourn the meeting.
Moved by Board Secretary Henry Hayes.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Secretary Henry Hayes, Board
Member Mark Moody, Board Member Eryn McElroy.
Unanimous affirmative vote - Motion carries.
Board President Sammi Morrill adjourned the meeting at 7:02 p.m.
MINUTES PASSED AND APPROVED THIS _____ DAY __________________ 2025.
____________________
Sammi Morrill
Board President
___________________
Donna Steward
Board Treasurer
Agenda No. 4.
SEDC MEMORANDUM
SEDC
Board Meeting:01/23/2025
Department:Economic Development Corporation
Subject:Staff briefing on SEDC monthly financial statement for the months
of November and December 2024. (S.Wayman)
SUBJECT:
Staff briefing on SEDC monthly financial statement for the months of November and
December 2024. (S.Wayman)
Attachments
November Financials
December Financials