07-24-2025 Agenda SEDC Board Reg Meeting with packet
NOTICE OF MEETING
AGENDA
JULY 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, JULY 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.
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, June 26, 2025. (S.Wayman/T.Miller)
Presentations
4.Staff briefing on SEDC monthly financial statement for the month of June 2025 and
Reserve Funding. (S.Wayman)
Discussion Items
5.Resolution 2025-3 - Briefing, public hearing and possible action on recommending
approval by the City Council for the proposed Schertz Economic Development
Corporation FY 2025-26 Budget and Reserves. (S.Wayman)
6.Resolution 2025-4 - Discussion, public hearing and possible action on authorizing the
Executive Director of the Schertz Economic Development Corporation to enter into a
contract regarding a feasibility study for possible local hotel and
amenities. (S.Wayman/A.Madison)
SEDC Agenda July 24, 2025 Page 1 of 3
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-107
Project - E-110
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:
Next SEDC Regular Board Meeting - August 28, 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 21st day of July, 2025, at 2:00 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
SEDC Agenda July 24, 2025 Page 2 of 3
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 July 24, 2025 Page 3 of 3
Agenda No. 3.
SEDC MEMORANDUM
SEDC
Board Meeting:07/24/2025
Department:Economic Development Corporation
Subject:Approval of the minutes for the Board of Directors Regular Monthly
Meeting held Thursday, June 26, 2025. (S.Wayman/T.Miller)
SUBJECT:
Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, June 26,
2025. (S.Wayman/T.Miller)
Attachments
06-26-2025
MINUTES
Thursday, June 26, 2025
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly
Meeting on Thursday, June 26, 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 6:16 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
Reynaldo "Ray" Chavez, Board Member Ashley Ritchey, Business Engagement Manager
Bryan Jones, Board Member Tracy Miller, Administrative Assistant
Sharon Denson, Board Member Brian James, Deputy City Manager
Board of Directors Absent:Others Present:
Eryn McElroy, Board Secretary Tim Brown, Councilmember Liaison
Mark Moody, Board Treasurer Jessica Dycus, Assistant Finance Director
Matt Clingo, Schertz Resident
2.SEDC Board Member Oath of Office for a member appointed by City Council on 05/20/2025 for an
unexpired term ending on 09/30/2025. (S.Courney)
Sharon Denson
Sheree Courney, Deputy City Secretary administered the Oath of Office to the new Board Member.
Scott Wayman, Executive Director welcomed her and asked Board Member Denson to give an
introduction. Ms. Denson gave a brief introduction of her background.
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.
No residents signed up to speak. No comments were made.
Minutes
4.Approval of the minutes for the Board of Directors Regular Monthly Meeting held Thursday, May 22,
2025. (S.Wayman/T.Miller)
Board President Sammi Morrill asked for a motion to approve the Minutes of the Board of Directors
Regular Monthly Meeting held Thursday, May 22, 2025.
Moved by Board Vice President Bill Dixon, seconded by Board Member Bryan Jones.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Member Ray
Chavez, Board Member Bryan Jones, Board Member Sharon Denson.
Unanimous affirmative vote - Motion carries.
Presentations
5.Staff briefing on SEDC monthly financial statement for the month of May 2025. (S.Wayman/J.Dycus)
Scott Wayman, Executive Director introduced Jessica Dycus, Assistant Finance Director and gave a brief
overview of the SEDC Financial Statement for May 2025.
May 2025 sales tax received was $1,672,134.36, expenses were $1,854,872.86, a 170.2% increase over
the prior year. The 12-month rolling average is 20.4% and still trending up. Notable expenditures
include funding for soccer field lights at Schertz Soccer Complex. Total Cash and Investments at the
end of May was $35,928,282.88.
Scott Wayman, Executive Director gave a brief overview of the Reserve Fund Model.
Discussion Items
6.Discussion regarding the Texas Workforce Commission High Demand Job Training Grant Program for
Type 4A and 4B Corporations. (S.Wayman/A.Madison)
Amy Madison, Deputy Director provided a review of a Texas Workforce Commission Grant Program
called the High Demand Job Training Grant which sets aside $1,000,000 in matching funds annually and
distributed between 28 workforce boards in the state on a first come, first serve basis. The max grant that
each board may receive is $150,000 and only Type A and Type B Economic Development Corporations
are eligible for the funds. The SEDC staff are preparing a submittal for a workforce study and other
workforce matching grants from the Alamo Workforce Board. Matching funds are available in the FY26
Budget without an increase. If awarded, the consultant contract and any equipment purchases will
require approval from SEDC and City Council.
Board President Sammi Morrill recessed Open Session to Closed Session at 6:42 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-105
Project - E-102
Start time: 6:42 p.m.
End time: 7:00 p.m.
Board President Sammi Morrill reconvened to Open Session at 7:00 p.m.
Reconvene to Regular Session
8.Take any actions based on discussion held in closed session under Agenda Item No. 7.
No action was taken based on discussion in Closed Session.
Requests and Announcements
Announcements by staff:
Offices closed July 4, 2025 - Independence Day
Next Regular Board Meeting - July 24, 2025
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.
Motion by Board Member Ray Chavez.
AYE: Board President Sammi Morrill, Board Vice President Bill Dixon, Board Member Ray Chavez,
Board Member Bryan Jones, Board Member Sharon Denson.
Unanimous affirmative vote - Motion carries.
Board President Sammi Morrill adjourned the meeting at 7:01 p.m.
MINUTES PASSED AND APPROVED THIS _____ DAY ______________ 2025.
____________________
William Dixon
Board Vice President
___________________
Mark Moody
Board Treasurer
Agenda No. 4.
SEDC MEMORANDUM
SEDC
Board Meeting:07/24/2025
Department:Economic Development Corporation
Subject:Staff briefing on SEDC monthly financial statement for the month of June
2025 and Reserve Funding. (S.Wayman)
SUBJECT:
Staff briefing on SEDC monthly financial statement for the month of June 2025 and Reserve Funding.
(S.Wayman)
Attachments
June Financials
Agenda No. 5.
SEDC MEMORANDUM
SEDC
Board Meeting:07/24/2025
Department:Economic Development Corporation
Subject:Resolution 2025-3 - Briefing, public hearing and possible action on
recommending approval by the City Council for the proposed Schertz
Economic Development Corporation FY 2025-26 Budget and Reserves.
(S.Wayman)
SUBJECT:
Resolution 2025-3 - Briefing, public hearing and possible action on recommending approval by the
City Council for the proposed Schertz Economic Development Corporation FY 2025-26 Budget and
Reserves. (S.Wayman)
Attachments
Res. 2025-3
SEDC RESOLUTION NO. 2025-3
A RESOLUTION BY THE CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION, TEXAS PROVIDING A
RECOMMENDATION TO THE CITY COUNCIL FOR THE SEDC
FISCAL YEAR 2025-26 BUDGET, AND OTHER MATTERS IN
CONNECTION THEREWITH
WHEREAS, the City of Schertz Economic Development Corporation (“SEDC”) is a non-
profit industrial development corporation duly established under the Development Corporation
Act of 1979, as amended (Section 501.001 et seq. Texas Local Government Code, formerly the
Development Corporation Act of 1979) (the “Act”);
WHEREAS, according to the Act, the authorizing unit for the SEDC shall mean the City
of Schertz City Council (“City Council”); and
WHEREAS, all of the powers of the SEDC are vested in the SEDC Board of Directors
(the “Board”) appointed by the City Council; and
WHEREAS, Section 501.073 of the Act requires the City Council to approve all programs
and expenditures.
WHEREAS, the Executive Director of the SEDC submitted a budget proposal, hereto
attached as Exhibit A, and in said budget proposal set forth the established revenues and
expenditures to include the detailed classifications as required by the Act; and
WHEREAS, after consideration, the Board is of the opinion that the proposed budget
should be submitted to the City Council for approval and adoption.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF SCHERTZ ECONOMIC DEVELOPMENT CORPORATION THAT:
Section 1. The Board hereby recommends the City Council consider approving the
SEDC Fiscal Year 2025-26 Budget in substantially the form set forth on Exhibit A.
Section 2. The recitals contained in the preamble hereof are hereby found to be true,
and such recitals are hereby made a part of this Resolution for all purposes and are adopted as a
part of the judgment and findings of the Board.
Section 3. All resolutions, or parts thereof, which are in conflict or inconsistent with
any provision of this Resolution are hereby repealed to the extent of such conflict, and the
provisions of this Resolution shall be and remain controlling as to the matters resolved herein.
Section 4. This Resolution shall be construed and enforced in accordance with the laws
of the State of Texas and the United States of America.
Section 5. If any provision of this Resolution or the application thereof to any person
or circumstance shall be held to be invalid, the remainder of this Resolution and the application of
such provision to other persons and circumstances shall nevertheless be valid, and the Board
hereby declares that this Resolution would have been enacted without such invalid provision.
Section 6. It is officially found, determined, and declared that the meeting at which
this Resolution is adopted was open to the public and public notice of the time, place, and subject
matter of the public business to be considered at such meeting, including this Resolution, was
given, all as required by Chapter 551, Texas Government Code, as amended.
Section 7. This Resolution shall be in force and effect from and after its final passage,
and it is so resolved.
PASSED AND ADOPTED, this _____ day of ___________________, 2025.
CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION
____________________________________
William Dixon, SEDC Board Vice President
ATTEST:
_______________________________
Mark Moody, SEDC Board Treasurer
EXHIBIT A
SEDC FISCAL YEAR 2025-26 BUDGET
7/16/2025 1:57:06 PM Page 1 of 4
My Budget Worksheet
City of Schertz, TX Account Summary
For Fiscal: 2024-25 Period Ending: 07/31/2025
2024-25
YTD Activity
2024-25
Total Budget
2023-24
Total Activity
2023-24
Total Budget
2022-23
Total Activity
2022-23
Total Budget
2024-25
Projected
2025-26
DR
Defined Budgets
Revenue
Department: 101 - Non Departmental
Sales Tax Revenue 7,083,000.00620-101-411500 7,092,000.00 6,698,059.296,548,000.00 6,548,940.92 8,705,000.00 7,883,000.005,693,116.67
Transfer In 0.00620-101-480000 0.00 190,391.660.00 0.00 __________________________________________________________0.00
Transfer In - Reserves 0.00620-101-480002 0.00 0.003,320,960.00 0.00 __________________________________________________________0.00
Interest Earned - SED Corp 10,000.00620-101-491000 15,000.00 12,479.162,000.00 11,319.42 10,000.00 10,000.006,096.75
Investment Income 1,250,000.00620-101-491200 1,300,000.00 1,855,644.94180,000.00 1,251,027.36 1,650,000.00 1,250,000.001,294,102.07
Miscellaneous Income 0.00620-101-497000 0.00 1,101.290.00 0.00 __________________________________________________________0.00
8,343,000.00 6,993,315.49 10,365,000.00 9,143,000.008,407,000.007,811,287.7010,050,960.00 8,757,676.34Department: 101 - Non Departmental Total:
8,343,000.00 6,993,315.49 10,365,000.00 9,143,000.008,407,000.007,811,287.7010,050,960.00 8,757,676.34Revenue Total:
My Budget Worksheet For Fiscal: 2024-25 Period Ending: 07/31/2025
7/16/2025 1:57:06 PM Page 2 of 4
2024-25
YTD Activity
2024-25
Total Budget
2023-24
Total Activity
2023-24
Total Budget
2022-23
Total Activity
2022-23
Total Budget
2024-25
Projected
2025-26
DR
Defined Budgets
Expense
Department: 101 - Non Departmental
ExpCategory: 532 - City Supported Services
Development Incentive Fund 8,479,100.00620-101-532011 3,027,510.00 83,984.703,000,079.00 81,944.29 8,479,100.00 10,127,076.007,485,799.17
Contributions 6,820,000.00620-101-532015 8,650,000.00 488,523.095,750,000.00 0.00 6,820,000.00 12,755,500.001,849,500.00
15,299,100.00 9,335,299.17 15,299,100.00 22,882,576.0011,677,510.0081,944.298,750,079.00 572,507.79ExpCategory: 532 - City Supported Services Total:
15,299,100.00 9,335,299.17 15,299,100.00 22,882,576.0011,677,510.0081,944.298,750,079.00 572,507.79Department: 101 - Non Departmental Total:
Department: 966 - Economic Development
ExpCategory: 511 - Personnel Services
Uniforms 800.00620-966-511606 800.00 170.13800.00 364.71 500.00 800.0024.00
Employee Recognition-Morale 600.00620-966-511609 600.00 0.001,800.00 895.94 500.00 600.0094.48
Memberships-Professional 2,525.00620-966-511610 2,525.00 2,269.502,525.00 1,775.00 3,000.00 5,150.002,913.60
Publications 800.00620-966-511611 800.00 0.00800.00 43.25 800.00 800.000.00
Training/Travel 12,000.00620-966-511612 12,000.00 11,073.0512,000.00 9,971.23 12,000.00 17,000.0010,368.88
Meeting Expenses 7,850.00620-966-511614 7,850.00 2,210.557,850.00 4,642.71 5,500.00 3,500.002,827.66
24,575.00 16,228.62 22,300.00 27,850.0024,575.0017,692.8425,775.00 15,723.23ExpCategory: 511 - Personnel Services Total:
ExpCategory: 521 - Supplies and Equipment
Office Supplies 1,000.00620-966-521100 1,000.00 483.781,000.00 559.95 800.00 1,000.00485.26
Computer Fees & Licenses 54,675.00620-966-521701 54,675.00 48,092.1650,675.00 42,696.87 54,675.00 54,500.0028,868.60
Postage 500.00620-966-521702 500.00 133.45500.00 49.32 300.00 300.00114.27
Furniture & Fixtures 2,500.00620-966-521708 2,500.00 542.882,500.00 537.40 1,500.00 2,500.00215.00
Computer & Peripherals Under…2,500.00620-966-521710 2,500.00 0.002,500.00 77.87 1,000.00 2,500.00988.85
61,175.00 30,671.98 58,275.00 60,800.0061,175.0043,921.4157,175.00 49,252.27ExpCategory: 521 - Supplies and Equipment Total:
ExpCategory: 532 - City Supported Services
Promotional Events - Expenses 9,500.00620-966-532002 9,500.00 4,854.449,500.00 10,350.78 9,500.00 7,000.003,666.42
Grant Fund 200,000.00620-966-532012 200,000.00 0.00200,000.00 40,000.00 200,000.00 200,000.000.00
Prospect Services 5,000.00620-966-532013 5,000.00 154.966,641.00 5,640.94 800.00 3,000.0016.00
214,500.00 3,682.42 210,300.00 210,000.00214,500.0055,991.72216,141.00 5,009.40ExpCategory: 532 - City Supported Services Total:
ExpCategory: 533 - Utility Services
Vehicle Fuel 750.00620-966-533500 750.00 429.20750.00 130.69 550.00 750.00385.85
Vehicle Maintenance 225.00620-966-533550 225.00 14.00225.00 49.00 150.00 225.000.00
975.00 385.85 700.00 975.00975.00179.69975.00 443.20ExpCategory: 533 - Utility Services Total:
My Budget Worksheet For Fiscal: 2024-25 Period Ending: 07/31/2025
7/16/2025 1:57:06 PM Page 3 of 4
2024-25
YTD Activity
2024-25
Total Budget
2023-24
Total Activity
2023-24
Total Budget
2022-23
Total Activity
2022-23
Total Budget
2024-25
Projected
2025-26
DR
Defined Budgets
ExpCategory: 534 - Operating Expenses
Advertising 315,850.00620-966-534000 315,850.00 164,671.33315,850.00 42,613.97 200,000.00 315,850.0053,727.58
City Insurance-Commercial 1,700.00620-966-534005 1,700.00 1,589.711,700.00 1,534.34 1,700.00 1,700.002,052.21
Contingencies 10,000.00620-966-534011 10,000.00 39.487,159.00 -27,013.00 10,000.00 10,000.000.00
Equipment Maintenance - Copi…3,500.00620-966-534021 3,500.00 2,765.543,500.00 2,765.50 3,500.00 3,500.002,765.50
Goodwill 1,750.00620-966-534022 1,750.00 876.621,750.00 1,696.30 1,750.00 1,750.001,204.12
Memberships-City Use 28,835.00620-966-534027 28,835.00 27,935.0028,835.00 23,625.00 32,500.00 31,000.0027,825.00
Printing & Binding 1,500.00620-966-534029 1,500.00 147.001,500.00 91.50 1,500.00 1,500.001,010.86
Recruitment Events 35,000.00620-966-534031 35,000.00 32,547.4135,000.00 25,991.81 40,000.00 40,000.0030,808.78
398,135.00 119,394.05 290,950.00 405,300.00398,135.0071,305.42395,294.00 230,572.09ExpCategory: 534 - Operating Expenses Total:
ExpCategory: 541 - Professional Services
Auditor/Accounting Service 6,300.00620-966-541000 6,300.00 6,300.006,300.00 6,000.00 6,250.00 6,300.006,250.00
Consulting Services 40,000.00620-966-541004 40,000.00 0.0040,000.00 31,300.00 40,000.00 40,000.000.00
Legal Services 15,000.00620-966-541012 15,000.00 3,624.0015,000.00 8,027.50 15,000.00 9,435.00586.50
61,300.00 6,836.50 61,250.00 55,735.0061,300.0045,327.5061,300.00 9,924.00ExpCategory: 541 - Professional Services Total:
ExpCategory: 548 - Fund Charges/Transfers
Interfund Charges-Admin 609,080.00620-966-548006 546,883.00 546,883.00542,221.00 542,221.00 609,080.00 642,246.00609,080.00
609,080.00 609,080.00 609,080.00 642,246.00546,883.00542,221.00542,221.00 546,883.00ExpCategory: 548 - Fund Charges/Transfers Total:
1,369,740.00 786,279.42 1,252,855.00 1,402,906.001,307,543.00776,639.581,298,881.00 857,807.19Department: 966 - Economic Development Total:
16,668,840.00 10,121,578.59 16,551,955.00 24,285,482.0012,985,053.00858,583.8710,048,960.00 1,430,314.98Expense Total:
-8,325,840.00 -6,186,955.00 -15,142,482.00-4,578,053.006,952,703.832,000.00 -3,128,263.107,327,361.36Report Surplus (Deficit):
My Budget Worksheet For Fiscal: 2024-25 Period Ending: 07/31/2025
7/16/2025 1:57:06 PM Page 4 of 4
Fund Summary
Fund 2024-25
YTD Activity
2024-25
Total Budget
2023-24
Total Budget
2022-23
Total Budget
Defined Budgets
2023-24
Total Activity
2022-23
Total Activity 2024-25
Projected
2025-26
DR
620 - SED CORPORATION -8,325,840.00 -6,186,955.00 -15,142,482.00-4,578,053.002,000.00 -3,128,263.10-6,952,703.83 -7,327,361.36
Report Surplus (Deficit):-8,325,840.00 -6,186,955.00 -15,142,482.00-4,578,053.002,000.00 -3,128,263.106,952,703.83 7,327,361.36
Agenda No. 6.
SEDC MEMORANDUM
SEDC
Board Meeting:07/24/2025
Department:Economic Development Corporation
Subject:Resolution 2025-4 - Discussion, public hearing and possible action on
authorizing the Executive Director of the Schertz Economic Development
Corporation to enter into a contract regarding a feasibility study for
possible local hotel and amenities. (S.Wayman/A.Madison)
BACKGROUND
Over the past several months, the SEDC staff have been researching land sites for a hotel in the City
of Schertz. We have also discussed the potential project with hotel – conference center developers to
learn more about the requirements for this type of hotel with amenities and meeting space. Our intent
was to consider a new classification of hotel for visitors and to be more competitive in the recruitment
of both foreign and domestic companies who require hotel and conference space in proximity of
Schertz. Throughout the course of discussions with hoteliers including Marriott, Hyatt, Hilton, IHG
and developers specializing in hotel and conference centers, it became apparent that there are many
factors that go into the readiness of Schertz to support an enhanced hotel concept within the region.
We are requesting authorization from the Board to expend funds for a feasibility study based on Texas
Local Government Code Section 505.152. We are considering a contract with one of the three
consulting firms and will provide our recommendation to the board. All firms have completed studies
and have successful projects in the state of Texas.
COMMUNITY BENEFIT
The feasibility study will provide the necessary information to explore a hotel with amenities and
meeting space in the City of Schertz and to provide important information for recruiting potential
developers.
FISCAL IMPACT
Staff is requesting approval to enter into a contract not to exceed $17,000 with one of three firms for
purposes of conducting a feasibility study for a hotel – conference center. The cost of the contract will
be charged to the Consultant Services line item.
SUMMARY OF RECOMMENDED ACTION
Staff recommend approval of SEDC Resolution 2025-4.
Attachments
Res. 2025-4
Bid Tabulation
DPC Hospitality Proposal
CBRE Proposal
H&LA Proposal
1
SEDC RESOLUTION 2025-4
A RESOLUTION BY THE CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION, TEXAS AUTHORIZING THE
EXECUTIVE DIRECTOR OF THE SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION TO ENTER INTO A
CONTRACT REGARDING A FEASIBILITY STUDY FOR
POSSIBLE LOCAL HOTEL AND AMENITIES AND OTHER
MATTERS IN CONNECTION THEREWITH
WHEREAS, the City of Schertz Economic Development Corporation (“SEDC”) is a non-
profit industrial development corporation duly established under the Development Corporation
Act of 1979, as amended (Section 501.001 et seq. Texas Local Government Code, formerly the
Development Corporation Act of 1979) (the “Act”); and
WHEREAS, all powers of the corporation are vested in the SEDC Board of Directors (the
“Board”) appointed by the governing body of the corporation’s authorizing unity; and
WHEREAS, Sections 501, 502, and 505 of the Texas Local Government Code (“Texas
LGC”) authorizes the SEDC to fund certain projects as defined therein and provide for the direct
incentive or to make an expenditure on behalf of the SEDC under a project; and
WHEREAS, Section 505.152 of the Texas LGC authorizes a "project" to include land,
buildings, equipment, facilities, and improvements found by the board of directors to be required
or suitable for use for professional and amateur sports, including children's sports, athletic,
entertainment, tourist, convention, and public park purposes and events, including stadiums, ball
parks, auditoriums, amphitheaters, concert halls, parks and park facilities, open space
improvements, museums, exhibition facilities, and related store, restaurant, concession, and
automobile parking facilities, related area transportation facilities, and related roads, streets, and
water and sewer facilities, and other related improvements that enhance any of the items described
by this section.
WHEREAS, the SEDC desires to conduct a feasibility study for a hotel and amenities
located on one or more properties in Schertz, Texas; and
WHEREAS, Section 501.073 of the Act requires the SEDC’s authorizing unit to approve
all programs and expenditures; and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF SCHERTZ ECONOMIC DEVELOMENT CORPORATION THAT:
Section 1. The Schertz Economic Development Board hereby approves the Economic
Development Director engaging in a feasibility contract authorizing expenditures not to exceed
$17,000.
2
Section 2. The recitals contained in the preamble hereof are hereby found to be true,
and such recitals are hereby made a part of this Resolution for all purposes and are adopted as a
part of the judgment and findings of the Board.
Section 3. All resolutions, or parts thereof, which are in conflict or inconsistent with
any provision of this Resolution are hereby repealed to the extent of such conflict, and the
provisions of this Resolution shall be and remain controlling as to the matters resolved herein.
Section 4. This Resolution shall be construed and enforced in accordance with the laws
of the State of Texas and the United States of America.
Section 5. If any provision of this Resolution or the application thereof to any person
or circumstance shall be held to be invalid, the remainder of this Resolution and the application of
such provision to other persons and circumstances shall nevertheless be valid, and the board hereby
declares that this Resolution would have been enacted without such invalid provision.
Section 6. It is officially found, determined, and declared that the meeting at which
this Resolution is adopted was open to the public and public notice of the time, place, and subject
matter of the public business to be considered at such meeting, including this Resolution, was
given, all as required by Chapter 551, Texas Government Code, as amended.
Section 7. This Resolution shall be in force and effect from and after its final passage,
and it is so resolved.
PASSED AND ADOPTED, this ____ day of _____________, 2025.
CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION
___________________________________
Willian Dixon, SEDC Board Vice President
ATTEST:
_______________________________
Mark Moody, SEDC Board Treasurer