04-24-2025 Agenda SEDC Board Reg Meeting with packet
NOTICE OF MEETING
AGENDA
APRIL 24, 2025
6:00 P.M.
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will hold a regular
monthly meeting on Thursday, APRIL 24, 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.
2.Election of Schertz Economic Development Corporation Board Treasurer. (S.Morrill)
Hearing of Residents
3.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
4.Approval of the minutes for the Board of Directors Regular Monthly Meeting held
Thursday, March 27, 2025. (T.Miller)
Presentations
5.Staff briefing on SEDC monthly financial statement for the month of March 2025.
(S.Wayman)
6.Staff briefing on Annual Report of Schertz Economic Development Corporation Year
2024. (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 financial
or other incentive to a business prospect.
SEDC Agenda April 24, 2025 Page 1 of 2
Project E-105
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:
Soccer Field Lights Ribbon Cutting - May 12, 2025
Next Regular Board Meeting - May 22, 2025
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 18th day of April, 2025, at 3:00 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.
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 April 24, 2025 Page 2 of 2
Agenda No. 4.
SEDC MEMORANDUM
SEDC
Board Meeting:04/24/2025
Department:Economic Development Corporation
Subject:Approval of the minutes for the Board of Directors Regular Monthly
Meeting held Thursday, March 27, 2025. (T.Miller)
SUBJECT:
Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, March
27, 2025. (T.Miller)
Attachments
03-27-2025
MINUTES
Thursday, March 27, 2025
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly
Meeting on Thursday, March 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 Vice President Bill Dixon presided over the meeting and called it to order at 6:03 p.m.
Board of Directors Present:Staff Present:
William "Bill" Dixon, Board Vice President Scott Wayman, Executive Director
Mark Moody, Board Member Amy Madison, Deputy Director
Eryn McElroy, Board Member Ashley Ritchey, Business Engagement Manager
Reynaldo "Ray" Chavez, Board Member Tracy Miller, Administrative Assistant
Bryan Jones, Board Member Brian James, Deputy City Manager
Board of Directors Absent:Others Present:
Sammi Morrill, Board President Sheree Courney, Deputy City Secretary
Allison Heyward, Councilmember Liaison
John Nowak, Assistant City Engineer
Kathy Woodlee, City Engineer
Jessica Dycas, Assistant Finance Director
Kique Zamora, Pattillo, Brown and Hill, LLP
2.SEDC Board Member Oath of Office for member appointed by City Council on 03/18/2025 for a term
of two years ending on 09/30/2027 (S.Courney)
Sheree Courney, Deputy City Secretary administered the Oath of Office to the new Board Member,
Bryan Jones.
3.Election of Schertz Economic Development Corporation Board Secretary. (S.Morrill)
3.Election of Schertz Economic Development Corporation Board Secretary. (S.Morrill)
Board Vice President Bill Dixon asked for a motion to elect a new Board Secretary.
Board Member Eryn McElroy nominated herself for Board Secretary. The motion was seconded
by Board Member Bryan Jones.
AYE: Board Vice President Bill Dixon, Board Member Mark Moody, Board Member Eryn
McElroy, Board Member Ray Chavez, Board Member Bryan Jones.
Unanimous affirmative vote - Motion carries.
Hearing of Residents
4.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
5.Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, February
27, 2025. (T.Miller)
Board Vice President Bill Dixon asked for a motion to approve the Minutes of the Board of Directors
Regular Monthly Meeting held Thursday, February 27, 2025.
Moved by Board Secretary Eryn McElroy, seconded by Board Member Ray Chavez.
AYE: Board Vice President Bill Dixon, Board Secretary Eryn McElroy, Board Member Mark
Moody, Board Member Ray Chavez, Board Member Bryan Jones.
Unanimous affirmative vote - Motion carries.
Presentations
6.Staff briefing on SEDC monthly financial statement for the month of February 2025. (S.Wayman)
Scott Wayman, Executive Director gave a brief overview of the SEDC Financial Statement for
February 2025.
February 2025 sales tax received was $735,764.00, expenses were $4,424,971.92, a 24.9% increase over
the prior year. The 12-month rolling average is 4.9% still trending up. Notable expenditures include an
incentive payment to Ripps Kreusler, payment to Citibank for monthly subscriptions and conference
registrations and a payment to CDW Government, Inc for a laptop. Total Cash & Investments figure at
the end of February was $37,778,950.00.
Scott Wayman, Executive Director gave a brief overview of the Reserve Funding Model.
Discussion Items
7.Resolution 2025-2 - Approval of the Independent Auditor's Report for the SEDC Annual Financial
Report for the Year Ending September 30, 2024. (Travis Roger, CPA, Audit Supervisor of Pattillo,
Brown and Hill, LLP/J.Walters)
Scott Wayman, Executive Director introduced Kique Zamora with Pattillo, Brown, and Hill, LLP who
gave a brief introduction and presented a brief overview of the firm's audit findings for FY2024 to the
Board. Mr. Zamora stated the SEDC is in very good financial shape and there are no issues or concerns
with internal control compliance.
Board Vice President Bill Dixon asked for a motion to approve SEDC Resolution 2025-2, a Resolution
by the City of Schertz Economic Development Corporation ("SEDC") Board of Directors ("The
Board") authorizing the approval of the Independent Auditor's Report for the SEDC Annual Financial
Report for the year ending September 30, 2024.
Moved by Board Member Mark Moody, seconded by Board Member Bryan Jones.
AYE: Board Vice President Bill Dixon, Board Secretary Eryn McElroy, Board Member Mark
Moody, Board Member Ray Chavez, Board Member Bryan Jones.
Unanimous affirmative vote - Motion carries.
8.Staff update on the Lookout Road project. (J.Nowak/S.Wayman)
Scott Wayman, Executive Director gave a brief overview of the history of the project. John Nowak,
Assistant City Engineer gave a brief overview of the Lookout Road project. The initial project was an
extension of Tri-County Parkway.
Mr. Nowak gave a breakdown of the estimated cost summary, which included signal design, signal
construction, roadway design, roadway construction, right-of-way acquisition, and City of Selma's
contribution. The total original cost was $5,250,000. The estimated additional funding needed is
$3,021,000. The total cost to the City of Schertz is $8,271,000. The estimated start time to have the
project under construction is the end of this summer. The next step in the project once the bids are
received, Engineering will come back to SEDC for final cost approval.
9.Discussion of Impact Fee phase-in. (S.Wayman)
Scott Wayman, Executive Director introduced Kathy Woodlee, City Engineer. Brian James, Deputy
City Manager provided an update on the discussion of the changes in the impact fees and phase-in
options discussed at the City Council meeting.
Mr. James discussed Senate Bill 1883, if passed, would only allow Cities to increase impact fees once
every three years. If this goes into effect, the phase-in plan previously under discussion for Schertz
impact fees would no longer be an option. Given this risk, Mr. James said that the current plan was to
increase them all at once. After discussion, the board understood the city's decision to move forward
with the total impact fee increase this year.
10.Staff update on proposed Strategic Plan for FY2025/2026. (A.Madison)
Amy Madison, Deputy Director gave the history of the first Comprehensive Economic Development
Strategic Plan (CEDS) done in February 2006 by TIP Strategies, which listed five goals and major
accomplishments. In June 2010 it was updated with three goals and major accomplishments. Ms.
Madison discussed the process of preparing the proposed Strategic Plan for FY25/26 with community
assessment, workforce and education analysis and target industry analysis/marketing plan.
Board Vice President Bill Dixon recessed Open Session to Closed Session at 7:11 p.m.
Closed Session
11.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-105
Project E-102
Project E-103
Start time: 7:12 p.m.
End time: 7:37 p.m.
Board Vice President Bill Dixon reconvened to Open Session at 7:37 p.m.
Reconvene to Regular Session
12.Take any actions based on discussion held in closed session under Agenda Item No. 11.
No action taken based on discussion in Closed Session.
Requests and Announcements
Announcements by staff:
Volunteer Banquet - April 22, 2025 - 5:45-8:00 PM
Next Regular Board Meeting - April 24, 2025
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Adjournment
Board Vice President Bill Dixon adjourned the meeting at 7:39 p.m.
MINUTES PASSED AND APPROVED THIS _____ DAY _________________ 2025.
____________________
Sammi Morrill
Board President
___________________
William Dixon
Board Vice President
Agenda No. 5.
SEDC MEMORANDUM
SEDC
Board Meeting:04/24/2025
Department:Economic Development Corporation
Subject:Staff briefing on SEDC monthly financial statement for the month of
March 2025. (S.Wayman)
SUBJECT:
Staff briefing on SEDC monthly financial statement for the month of March 2025. (S.Wayman)
Attachments
March Financials
-13%
6.0%
5.3%
7.3%
24.9%
11.7%
-
150,000
300,000
450,000
600,000
750,000
900,000
OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP
4B SALES TAX
By Collection Month
2024-25 2023-24 2022-23 2021-22
VENDOR NAME DESCRIPTION AMOUNT
SED CORPORATION Ace Mart Restaurant FY2024 Final Incentive Payment 33,818.34
Amy Madison Per Diem - Travel 418.76
Scott Wayman Per Diem - Travel 130.00
Amazon Capital Services Inc.Supplies 136.05
Caterpillar Inc Incentive Payment 127,721.83
Citibank - Amy Madison IEDC, IAMC, TEDC, Memberships/Travel 3,384.95
Citibank - Ashley Ritchy TEDC Travel, Monthly Subscriptions 1,217.50
Citibank - Scott Wayman Travel/luncheons 20.33
Citibank - Tracy Miller Luncheons/Subscriptions 1,577.99
Denton Navarro Rodriguez Bernal Santee & Zech February Legal Services 138.00
Drew Vincent Creative FY2024 Annual Report 2,000.00
Impact Data Source Annual Renewal 6,340.00
ODP Business Solutions Supplies - Paper 70.93
Schertz312, LLC Incentive Payment 2,500,000.00
The Retail Coach, LLC Retail Market & Analysis 20,000.00
Ubeo, LLC Copier Rental February 276.55
Wex Bank Fuel February 66.60
SUBTOTAL:2,697,317.83
TOTAL:$2,697,317.83
March 2025 PAYABLES REPORT
620-SED CORPORATION
FINANCIAL SUMMARY OVERVIEW
Revenues
Sales Tax Sales Tax 538,799.34$ Payment Received in February*
11.7% Annual Increase
6.0%12-Month Rolling Average
Expenses
Schertz312, LLC 2,500,000.00
Caterpillar Inc 127,721.83
Ace Mart Restaurant 33,818.34
The Retail Coach, LLC 20,000.00
Texas Economic Development Council 8,000.00
Year-to-Date
Total Revenue 4,422,797.04$
Total Expenses 7,881,609.03$
Over/Under (3,458,811.99)$
Cash & Investments
Cash 399,518.48$
Investments 35,340,827.82$
Total 35,740,346.30$
*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 4 - 2 0 2 5 ***************************************************
REVENUE AND EXPENSE REPORT (UNAUDITED)
AS OF: March 31st, 2025
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 7,083,000 665,590.60 3,312,523.89 3,500,623.76 - 3,582,376.24 49.42%
Fund Transfers - - 190,391.66 - - - 0.00%
Miscellaneous 1,260,000 129,398.72 919,194.84 922,173.28 - 337,826.72 73.19%
TOTAL REVENUES 8,343,000 794,989.32 4,422,110.39 4,422,797.04 - 3,920,202.96 53.01%
EXPENDITURE SUMMARY
NONDEPARTMENTAL
City Supported Services*15,299,100 2,661,540.17 83,984.70 7,460,799.17 - 7,838,300.83 48.77%
TOTAL NONDEPARTMENTAL 15,299,100 2,661,540 83,985 7,460,799.17 - 7,838,300.83 48.77%
ECONOMIC DEVELOPMENT
Personnel Services 24,575 1,318.58 8,453.49 9,552.07 - 15,022.93 38.87%
Supplies & Equipment 61,175 6,721.23 7,047.99 22,597.23 - 38,577.77 36.94%
City Supported Services 214,500 126.99 2,871.12 583.68 - 213,916.32 0.27%
Utility Services 316,825 22,833.46 151,520.00 30,658.97 - 286,166.03 9.68%
Operating Expense 88,585 4,639.40 36,584.34 52,383.41 - 36,201.59 59.13%
Professional Services 664,080 138.00 274,890.50 305,034.50 - 359,045.50 45.93%
Fund Charges/Transfers - - - - - - 0.00%
TOTAL ECONO DEVELOPMENT 1,369,740 35,777.66 481,367.44 420,809.86 - 948,930.14 30.72%
TOTAL EXPENDITURES 16,668,840 2,697,317.83 565,352.14 7,881,609.03 - 8,787,230.97 47.28%
** REVENUE OVER(UNDER) EXPEND (8,325,840) (1,902,328.51) 3,856,758 (3,458,812)
C I T Y O F S C H E R T Z
*************************************************** 2 0 2 4 - 2 0 2 5 ***************************************************
REVENUE AND EXPENSE REPORT (UNAUDITED)
AS OF: March 31st, 2025
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)7,083,000 665,590.60 3,312,523.89 3,500,623.76 - 3,582,376.24 49.42%
TOTAL Taxes 7,083,000 665,590.60 3,312,523.89 3,500,623.76 - 3,582,376.24 49.42%
Fund Transfers
000-486000 Transfer In - - 190,391.66 - - - 0.00%
TOTAL Fund Transfers - - 190,391.66 - - - 0.00%
Miscellaneous
000-491000 Interest Earned 10,000 559.82 7,487.95 4,140.45 - 5,859.55 41.40%
000-491200 Investment Earnings 1,250,000 128,838.90 911,706.89 918,032.83 - 331,967.17 73.44%
000-497000 Misc Income - - - - - - 0.00%
TOTAL Miscellaneous 1,260,000 129,398.72 919,194.84 922,173.28 - 337,826.72 73.19%
TOTAL REVENUES 8,343,000 794,989.32 4,422,110.39 4,422,797.04 - 3,920,202.96 53.01%
C I T Y O F S C H E R T Z
REVENUE REPORT (UNAUDITED)
*************************************************** 2 0 2 4 - 2 0 2 5 ***************************************************
AS OF: March 31st, 2025
Investment
Cash in Bank Type Yield Maturity Amount
Claim on Operating Cash Pool-Checking Bank 4.25 -399,518.48$
Cash in Investments
Texas Class Investment-Economic Development Corp Pool*4.44 -32,945,004.13
Schertz Bank & Trust-Certificate of Deposit 1 Year CD 3.75 5/10/2025 1,217,977.12
Schertz Bank & Trust-Certificate of Deposit 1 Year CD 4.00 1/5/2026 1,177,846.57
Total Cash in Bank & Investments 35,740,346.30$
*Local Government Investment Pool, most comparable to a Money Market Mutual Fund
CASH IN BANK AND INVESTMENTS
AS OF: March 31st, 2025
SED CORPORATION
Agenda No. 6.
SEDC MEMORANDUM
SEDC
Board Meeting:04/24/2025
Department:Economic Development Corporation
Subject:Staff briefing on Annual Report of Schertz Economic Development
Corporation Year 2024. (S.Wayman)
SUBJECT:
Staff briefing on Annual Report of Schertz Economic Development Corporation Year 2024.
(S.Wayman)
Attachments
2024 Annual Report
FISCAL YEAR 2024 (OCT 1, 2023 - SEP 31, 2024)
WWW.SCHERTZEDC.COM
ANNUAL REPORT
Fiscal Year 2024
2
3
MISSION
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.
1. OPTIMIZE THE TALENT PIPELINE
2. EXPAND INDUSTRY BASE VIA TARGETED INDUSTRIES
3. IMPROVE QUALITY OF LIFE
4. PRIORITIZE REAL ESTATE ASSETS & DEVELOPMENT
STRATEGIES
GOALS AND STRATEGIES
4
The year 2024 has been a landmark year for the Schertz Economic Development Corporation
(Schertz EDC). We set new goals, welcomed new board members, and successfully
completed impactful projects.
Much of my role involves educating groups on what a Type B Economic Development
Corporation can and cannot do. Our funding comes from a half-cent sales tax, which, with
board and City Council approval, supports projects that create primary jobs, improve public
infrastructure, and enhance quality of life.
In 2024, the Schertz EDC launched initiatives covering all three areas. To support primary
jobs, we assisted Caterpillar Corporation in expanding production and partnered with a
Colorado-based food distributor to establish operations in Schertz.
For public infrastructure, we approved funding for roads, water, sewer, signage, and
signalization at Schertz Station—our first major retail development in years. Schertz Station
will bring new dining, shopping, and entertainment options, enriching our community.
In park improvements, the Schertz EDC committed to funding several Capital Improvement
Projects. The first, nearing completion, adds lighting to all soccer fields at the Schertz Soccer
Complex, allowing for extended play and greater youth participation.
Looking ahead, our 2025 goals focus on real estate assets and infrastructure expansion.
Two key projects could add 15,000
linear feet of sewer service to the
underserved Town Creek area,
unlocking development potential.
2024 has been a year of growth, and
we’re excited for what’s ahead in
2025. Thank you for supporting the
Schertz EDC and our community!
Scott Wayman
Executive Director
Schertz EDC
DIRECTOR’S WELCOME
5
HUB OF OPPORTUNITY
Schertz continues to evolve as a thriving hub for business and opportunity.
This past year, the Schertz Economic Development Corporation continued its tireless
efforts to work as the economic driver of our community. In 2024, the EDC recruited
businesses to Schertz and retained, grew and partnered with those already established
within the city.
Our collective efforts have not only reinforced our commitment to fostering a strong
local economy but have also paved the way for exciting new projects and partnerships.
Through a shared vision with the city, we have seen significant progress in attracting
new investments, supporting local enterprises, and enhancing the quality of life for our
residents.
This year’s report captures the achievements and challenges of the past year, reflecting
on our relentless drive to create a sustainable and prosperous future. I am proud of
the dedication shown by our team, the unwavering support from our community, and
the innovative spirit that propels Schertz forward. Together, we are building a legacy
of economic resilience and community enrichment that will serve as a foundation for
generations to come.
Thank you for your continued support and commitment to the success of the Schertz
EDC. I invite you to join me in celebrating our accomplishments and embracing the
exciting opportunities ahead.
Sammi Morrill
Board President
Schertz EDC
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FAST FACTS & ACCOMPLISHMENTS
Our population grew to
laborforce in the San Antonio
Metropolitan Statistical Areapercent
which represents an 8.3%
increase compared to 2020
median home price
median household income
We welcomed We recorded
Primary Employers:
The Reynolds
Company, MAC
Discount, LLC, Rexel,
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years as the median
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of residents have
a college degree
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current and future development
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We celebrated
New Investment
We reached We added
in our daytime worker
population, which speaks to the
city’s strong employment
square feet of industrial
space added to our
community
business expansions, including
MEI Rigging, Boss Products, &
Hollingsworth Logistics
Fortune 100 companies with
major operations in Schertz:
square feet of retail space
under development
population within
a 30 minute drive
Source: Census.gov; ESRI | Data as of December 31, 2024
8
REGIONAL, STATE, NATIONAL & INTERNATIONALPARTNERSHIPS
greater:SATX
This working regional marketing partnership helps Schertz EDC broaden its reach, facilitate access
to shared resources, and helps coordinate joint marketing trips to high-density markets across the
country. One partnership event of note was a regional familiarization tour (Fam Tour), which brought
together site selectors from around the country to better understand our region’s assets.
Team Texas
Team Texas, the marketing arm of the Texas Economic Development Council, has a proven track record
of generating leads, developing lead pipelines, and winning projects. Membership in this organization
allows Schertz EDC to leverage the Texas brand during tradeshows exhibitions, hospitality events and
road shows. These events generate hundreds of leads from companies of all sizes.
Industrial Asset Management Council
Schertz EDC acquired membership this year in this the leading professional association for Fortune 500
corporate real estate executives focused on industrial portfolios. This partnership helps the Schertz
EDC connect with executives seeking expansion and relocation opportunities. Deputy Director, Amy
Madison, was recognized for serving on the Council’s Board of Directors for three years.
International Economic Development Council
Schertz EDC staff maintains memberships in this organization for professional development training
services and to maintain and complete economic development certifications. In 2024, Deputy Director
Amy Madison, celebrated her second term as a Council Board member.
9
PROJECT SPOTLIGHT:PUBLIC PARK ASSISTANCE
In addition to supporting commercial, retail, and
infrastructure developments, state law allows
local economic development corporations to
fund quality-of-life projects, including park
amenities and improvements.
In 2024, Schertz EDC committed up to $12
million dollars over the next several years
to fund the City of Schertz’ Parks Capital
Improvements Projects.
The first project undertaken via this agreement,
is the construction of ball field lights at the
Schertz Soccer Complex on Maske Road. This
$1.9 million investment will provide updated
lights to the existing field as well as place new
lighting structures on the other 12 fields. This
project promises to enhance soccer field usage
by the many teams and leagues that currently
practice and host tournaments at the park.
“This partnership is just the beginning of our long-term vision to bring more visitors to
our city by creating a sustainable and vibrant community.”
SCOTT WAYMAN, Schertz EDC Executive Director
A crane installs some of the new field lighting
at the Schertz Soccer Complex
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10
PROJECT SPOTLIGHT:SCHERTZ STATION
35 ACRES
Total Project Size
250K
Square Feet of Retail
This exciting retail development will elevate Schertz’ presence in
the regional shopping ecosystem and build on the success of EVO
Entertainment’s investment in the community.
This project will provide operations for restaurants, service-related business
and additional shopping. Schertz EDC is assisting will public infrastructure
improvements - including the extension of Ripps-Kreusler Drive and intersection
improvements to Interstate 35 and Cibolo Valley Drive - that will support this
large shopping complex. Schertz Station recently signed anchor tenant Home
Depot, which will occupy 100,000 square feet, and is fielding inquiries from
other interested parties to occupy the site’s additional pad sites.
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MILE HI
DISTRIBUTION
Headquartered in Denver, Colorado, and with a reach extending
across the southern United States, Mile Hi is one of the primary
distributors of paper and food products to McDonalds. Mile Hi
is one of the first major tenants of the Schertz 35 project and
will occupy 300,000 square feet within the industrial park.
Schertz EDC facilitated a performance grant that will expediate
the company’s operations and add to the city’s expanding
workforce, with Mile Hi committing to 186 well-paid employees.
Images: Mile Hi Distribution
Created by Baber Sheikhfrom Noun Project
Created by asianson.designfrom the Noun Project
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Schertz 35 - Located off Lookout Road and Tejas Way, this 312-acre
industrial park is headed by Titan Development. The project provides
options for existing tenant leasing, build-to-suit or land purchase for
an estimated total 3.5 million square feet of industrial flex. Titan
recently completed a 196,000 square foot speculation building now
available for lease. Schertz 35 is one of the only shovel-ready lots in
the San Antonio MSA that can accommodate a million-square-foot
facility.
Las Palapas Schertz - With its focus on assisting small business,
Schertz EDC provided an infrastructure grant for the Las Palapas
Restaurant currently under construction at the corner of Schertz
Parkway and Interstate 35. This project will extend water access from
the convenience store project next door to the bank on the opposite
side of the construction site, allowing for enhanced fire safety and
water delivery. The restaurant is at an ideal location for morning
commuters and will increase the excitement of retail developments
in that corridor.
STX Frio - Schertz EDC’s agreement with Boomerang Interests and
Lovett Commercial provides assistance to build and connect a new
sewer line to their speculative development. The intention is to
assist these two companies with their projects and open up greater
development in the area via sewer access. This year, the companies
completed acquisition of all easements and expect to break ground
on the extension in Q2 2025. Boomerang will build a 300,000 square
foot cold storage facility with a capital investment of $40 million and
Lovett will build two buildings totaling 500,440 square feet on the
adjacent property with a $35 million capital investment.
PROJECT UPDATES
3.5M
Square feet of space
offered within Schertz 35
H20
Focus of the Infrastructure
Grant supporting Las Palapas
$75M
Combined Capital
Investment of STX Frio
The first building of the Schertz 35 project offers
196,000 square feet of industrial flex space
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CORE 5
LOGISTICS CENTER
Image: CORE5 Industrial Partners
A Core5 Industrial Partner project, this development is located off
Interstate 10 and Loop 1604, and will include 1.7 million square feet of
space spread across four buildings.
Phase 1 - completed in January 2025 - includes Building A (a 536,824
square foot, cross-dock facility) and Building B (a 466,280 square foot,
single-load facility). Together, these facilities bring the current leasable
space to over 1 million square feet. The Center features 30-36’ clear
heights and ample trailer parking. Phase 2 will add two more buildings,
and is expected to conclude in 2026. Schertz EDC invested in drainage
improvements to help the project handle nuisance water.
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PARK 35
Located on southbound Interstate 35 between Wiederstein and Schwab Roads,
this exciting project consists of a six-building industrial park developed by
Investment and Development Ventures. Featuring 1.4 million square feet of
warehouse space, the park is open to tenant inquiries. The project offers various
configurations - including cross-dock and rear-load - and can accommodate a
wide variety of users. Buildings include 32’-36’ clear height, ESFR sprinklers,
abundant dock doors, and ample trailer parking.
INDUSTRIAL PROJECT UPDATE
1.4MSquare feet of warehouse
space featured in project
15
558KSize of largest planned
building in square feet
86KSize of smallest planned
building in square feet
Created by Thomas Meersemanfrom the Noun Project Created by Thomas Meersemanfrom the Noun Project
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The Schertz Economic Development Corporation continued to diversify
the city’s business portfolio by working to identify and attract industries
that provide quality jobs and increase investment in the community.
Below are some of this year’s recruitment activity highlights.
In the spring, staff attended the Site Selector’s Guild Annual Conference
(April 2-5). This event brought together a large number of global site
selection consultants who provide expert guidance to corporations
on choosing locations for business expansion and investment. Schertz
was then represented in Las Vegas as part of the International Council
of Shopping Centers (May 19-21) which allows professionals to make
deals, explore trends, and network.
From June 22-26, staff worked the Select USA Investment Summit,
which connects thousands of investors, international companies,
economic development organizations, and industry experts.
In September, Schertz EDC focused on two major recruitment events.
The first, the International Manufacturing Technology Show (Sep
9-14), showcased the latest manufacturing technology, equipment
and the people behind them. The second was the Industrial Asset
Management Council (Sep 12-18), which highlighted emerging trends,
strategies, and opportunities within industrial real estate.
The greater:SATX Marketing Mission closed out the year’s
recruitment trips. From December 9-11, greater:SATX hosted several
regional cities, including Schertz, on a trip to New York and arranged
multiple meetings with companies looking to relocate or expand their
operations to south Texas.
BIZ DEVELOPMENT
CONNECT
With companies, site
selectors, and investors
INFORM
Decision makers about
Schertz’ value propositions
GENERATE
Leads that may evolve into
viable Schertz projects
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Supporting Our Community
Personal interactions and communication are the
basis for business development and growth. Schertz
EDC works diligently to continue its support of our
existing business community through its Business
Retention and Expansion (BRE) program. Existing
businesses and industries play a vital role in overall
economic health and quality of life in Schertz. The
vitality and growth of the existing business base is
a fundamental component of our overall efforts to
sustain and grow our community.
On-Site Employer Visits
Business site visits play a vital role in fostering
long-term relationships between Schertz EDC and
established city businesses. During these meetings,
which are conducted with key company leaders such
as CEOs, plant managers or general managers, our
staff gains valuable insight into the operations and
challenges faced by local industries. These visits
provide staff with a deeper understanding of the
company’s products and target markets while also
allowing them to hear firsthand about operational
concerns. Additionally, they serve as an opportunity
to connect businesses with resources, share updates
on City and Schertz EDC initiatives, and help address
issues affecting our business community.
BUSINESS RETENTION &
EXPANSION (BRE)
1. Sysco
2. Fed Ex Ground
3. Amazon
4. Republic National Distribution
5. Brandt Engineering
6. Vision Works
7. Hollingsworth
8. Fed Ex Freight
9. Caterpillar
10. Amazon Schwab Site
Largest Employers of Primary Jobs
1. Roads/Infrastructure
2. Workforce
3. Reliable Electricity
4. City Development Process
5. Drainage
Top Technical Assistance Challenges
WORKFORCE DEVELOPMENT UPDATES
QUARTERLY REGIONAL JOB FAIRS
Every quarter, the Schertz, Cibolo and Seguin
Economic Development Corporations, as well as
the New Braunfels Chamber of Commerce, host
a regional job fair in one of the four cities. This
event holds close to 70 companies and continues
to see an influx of job seekers.
250 Job Seekers Attended a Record
Breaking Winter Regional Job Fair
SCHERTZ JOB BOARD
Our Primary Job Employers, like others across
the country, face a thriving job market and low
unemployment. After hearing a desire for a
creative solution at our industry roundtables,
we developed this resource to help this group
advertise job opportunities.
25+Schertz Primary Job Employers
Have Used This Resource
Schertz EDC co-hosted its first National Night Out event alongside
Neighborhood Services, the Public Library, and the Police Department.
This collaborative effort intended to strengthen community
connections, foster relationships between local businesses, residents,
and city departments, and provide a forum to empower attendees
with essential resources and information. Neighborhood Services
and the Library provided valuable literature and information on
city events, programs, and homeowner resources, including tips on
yard maintenance, utility guidance, and other helpful homeowner
insights. The Police Department connected with residents and
business owners, reinforcing community trust and collaboration.
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19
WORKFORCE
RESOURCE
MANUAL
Recognizing the need for clear, accessible guidance on workforce
development, Schertz EDC staff created this comprehensive
tool filled with information on hiring, training, and retaining
employees. It provides businesses with crucial insights into
local and state-level workforce assistance programs, grants, and
incentives, helping them leverage available resources to grow
and sustain their operations.
Created by WS13
from Noun Project
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TRACKED METRICS
Staff leveraged many channels to engage with local business, citizens, site selectors and potential business
prospects. Below are some of our tracked metrics for our most used channels.
Figures are as of December 31, 2024.
MARKETING
881
Twitter Followers
580
LinkedIn Followers
133
Facebook Followers
913
Newsletter
Subscribers
30%
Newsletter
Click Rate
37%
Newsletter
Open Rate
TEXAS ECONOMIC DEVELOPMENT COUNCIL
Economic Excellence Recognition Award
Recognizes our commitment to professional development
exhibited through training for our board and staff.
INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL
Special Event (Snow Cone Celebration) - Bronze
Recognizes our two-day event, featuring free snow cones for our
business community, which took place after the conclusion of our
Tri County Parkway construction project.
INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL
Regional or Cross-Border Partnership (Job Fairs) - Bronze
Acknowledging collaborative economic development efforts that
span regions or borders, this award honors Schertz’ regional
job fairs, hosted jointly with the Cibolo and Seguin Economic
Development Corporations, as well as the New Braunfels
Chamber of Commerce.
AWARDS &
HONORS
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Boss Products is one of the world’s leading supplier of
fire and explosion protection solutions serving industrial
dust collection and related process industries.
“Within our first five years in Schertz we expanded our
facility to 63,000 square feet. The newly expanded facility
will employ more than 60 team members and produce
more than 50,000 explosion vent panels in the first
year. With added new projected sales in excess of $15
million this expansion allowed us to broaden our product
offerings and engage more deeply with local industries.”
TESTIMONIAL BOSS PRODUCTS
Safety products ready for distribution at Boss
Products’ Schertz headquarters
“The growth our company has experienced in Schertz
has been nothing short of remarkable.”
VALERIE CALVO, Director of Product and Brand
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Tracy Miller
Administrative Assistant
BOARDMEMBERS
STAFF
Scott Wayman
Executive Director
Holly Malish
Deputy Director
Ashley Ritchey
BRE Manager
Dr. Sammi Morrill
President
Henry Hayes
Secretary
Eryn McElroy
Boardmember
Bill Dixon
Vice President
Rey Chavez
Boardmember
Donna Steward
Treasurer
Mark Moody
Boardmember
Our staff provides professional management and administration in service to the Schertz
community, focusing on retention and recruitment efforts.
Representing the citizens of Schertz, Boardmembers help drive positive change and ensure
transparency, ethical behavior and compliance with legal requirements.
Scott Wayman
Executive Director
Amy Madison
Deputy Director
Ashley Ritchey
BRE Manager
Tracy Miller
Administrative Assistant
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FINANCIALS
FISCAL YEAR 2024
HQ CITY SCHERTZ
EDC TYPE CODE TYPE B
CORPORATION NAME SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION
EDC CITY SCHERTZ
REVENUE OTHER $1,103,550
REVENUE Sales Tax $6,517,380
REVENUE Total $7,620,930
EXPENSE Total $15,993,047
ASSETS Land YES
ASSETS Other YES
OBJECTIVES Infrastructure YES
OBJECTIVES Job Creation & Job Retention YES
OBJECTIVES Sports Facilities & Recreation YES
OBJECTIVES Tourism YES
For more details on the City of Schertz Economic
Development Corporation’s extraordinary progress
and future, visit:
www.schertzedc.com