20250227 SEDC Board Reg MtgSCIH111IRZ F7/
ECONOMIC DEVELOPMENT CORPORATION
MINUTES
Thursday, February 27, 2025
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly
Meeting on Thursday, February 27, 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 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
Donna Steward, Board Treasurer
Mark Moody, Board Member
Eryn McElroy, Board Member
Reynaldo "Ray" Chavez, Board Member
Hearing of Residents
Staff Present:
Scott Wayman, Executive Director
Amy Madison, Deputy Director
Tracy Miller, Administrative Assistant
Brian James, Deputy City Manager
Others Present:
Larry Busch, Public Works Director
Matt Troutt, EastGroup Properties, L.P.
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, January
23, 2025. (T.Miller)
Board President Sammi Morrill asked for a motion to approve the Minutes of the Board of Directors
Regular Monthly Meeting held Thursday, January 23, 2025.
Moved by Board Member Eryn McElroy, seconded by Board Member Mark Moody.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, 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 2025. (S.Wayman)
Scott Wayman, Executive Director gave a brief overview of the SEDC Financial Statement for January
2025.
January 2025 sales tax received was $529,876.34, expenses were $21,730.62, a 7.3% increase over the
year prior. The 12 -month rolling average is 2.3% still trending up. Notable expenditures include a
payment to Group C Media for conference registration and payments to Citibank for conferences,
memberships and monthly subscriptions. Total Cash & Investments figure at the end of January was
$41,335,655.28.
Scott Wayman, Executive Director gave a brief overview of the Reserve Funds.
5. Presentation by Matt Troutt with EastGroup Properties, L.P. (S.Wayman)
Matt Troutt with EastGroup Properties, L.P. gave a brief presentation on the Town Creek Sanitary
Extension project that will cost just under 7 million dollars. The funding will be used for design,
easement acquisition, permitting and construction. The project will take approximately 22 -28 months to
complete. Mr. Troutt also gave an overview of other projects that EastGroup Properties have completed.
Public Hearing
6. Resolution 2025 -1 - Authorizing the Executive Director of the City of Schertz Economic Development
Corporation to enter into a Performance Agreement with EastGroup Properties, L.P. (S.Wayman)
Board President Sammi Morrill opened the public hearing at 6:20 p.m.
No public comments were made.
Board President Sammi Morrill closed the public hearing at 6:21 p.m.
Board President Sammi Morrill recessed Open Session to Closed Session at 6:21 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) to deliberate the offer of a financial or
other incentive to a business prospect.
• Project E -99
• Project E -106
• Project E -101
• Project E -102
• Project E -103
• Project E -104
• Project E -105
Start time: 6:22 p.m.
End time: 7:28 p.m.
Board President Sammi Morrill reconvened to Open Session at 7:29 p.m.
Reconvene to Regular Session
8. Take any actions based on discussion held in closed session under Agenda Item No. 7.
Based off the discussion held in Closed Session Board President Sammi Morrill asked for a motion to
approve Resolution 2025 -1 - Authorizing the Executive Director of the City of Schertz Economic
Development Corporation to enter into a Performance Agreement with EastGroup Properties, L.P.; and
other matters in connection therewith.
Moved by Board Member Ray Chavez, seconded by Board Vice President Bill Dixon.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Treasurer Donna
Steward, Board Member Mark Moody, Board Member Eryn McElroy, Board Member Ray
Chavez.
Unanimous affirmative vote - Motion carries.
Requests and Announcements
*Announcements by staff.
• Update on Caterpillar Tour
. Scott Wayman, Executive Director and Amy Madison, Deputy Director gave an update on
the Caterpillar Tour. This year will be Caterpillar's 100th year of service.
• Next Regular Board Meeting - March 27, 2025
• Requests by Board Members to place items on a future SEDC Board Meeting agenda.
• Board Member Eryn McElroy requested an update on the Strategic Plan.
Adjournment
Board President Sammi Morrill asked for a motion to adjourn the meeting.
Moved by Board Member Eryn McElroy.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Treasurer Donna
Steward, Board Member Mark Moody, Board Member Eryn McElroy, Board Member Ray
Chavez.
Unanimous affirmative vote - Motion carries.
Board President Sammi Morrill adjourned the meeting at 7:33 p.m.
MINUTES PASSED AND APPROVED THIS -� % DAY 2025.
Sammi Morrill William Dixo
Board President Board Vice President