07-16-26 Agenda SEDC Special Called Meeting with PacketMEETING AGENDA
SCHERTZ ECONOMIC DEVELOPMENT BOARD
SPECIAL CALLED MEETING - July 16, 2026
HAL BALDWIN MUNICIPAL COMPLEX COUNCIL CHAMBERS CONFERENCE ROOM
1400 SCHERTZ PARKWAY BUILDING #4
SCHERTZ, TEXAS 78154
The City of Schertz Economic Development Corporation (SEDC) Board of Directors will hold a Special Called Meeting on Thursday,
JULY 16, 2026. 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
Roll call, recognition of visitors, and review of meeting instructions for effective Board interaction and
public participation.
Election of Schertz Economic Development Corporation Board Officers. (W. Dixon)
Hearing of Residents
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.
Consent Agenda
1.Approval of the Minutes for the Board of Directors Regular Monthly Meeting held June 25,
2026.
Discussion Only
2.Discussion regarding the SEDC Monthly Financial Statement for June 2026. (A. Madison)
Discussion and Possible Action
3.Resolution 2026-4 - Authorizing the Second Amendment to the Economic Development
Performance Agreement between the City of Schertz Economic Development Corporation and
Boomerang-Lovett and authorizing the SEDC Deputy Director to execute the amendment and
other required documents in connection therewith.
Closed Session
4.Called in accordance with Section 551.087 of the Texas Government Code,
SEDC Agenda July 16, 2026 Page 1 of 2
4.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 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.
Reconvene to Regular Session
5.Take any actions based on discussion held in closed session under Agenda Item No. 4.
Requests and Announcements
Announcements by staff.
July 23, 2026 - Regular Meeting decision
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Adjournment
CERTIFICATION
I, Kimberly Lovejoy, Administrative Assistant, of the City of Schertz Economic Development Corporation, do hereby
certify that the above agenda was posted on the official bulletin board on this 16th day of July 2026, at 2:30 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.
Kimberly Lovejoy
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 _______________, 2026.
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 July 16, 2026 Page 2 of 2
Agenda No. 1.
SEDC MEMORANDUM
SEDC
Board Meeting:07/16/2026
Department:Economic Development Corporation
Subject:Approval of the Minutes for the Board of Directors Regular Monthly
Meeting held June 25, 2026.
BACKGROUND
COMMUNITY BENEFIT
FISCAL IMPACT
SUMMARY OF RECOMMENDED ACTION
Attachments
Draft Minutes 06-25-2026
D R A F T
MINUTES
REGULAR MEETING
THURSDAY, JUNE 25, 2026
6:00 PM
The City of Schertz Economic Development Corporation (SEDC) Board of Directors met for a Regular Monthly
Meeting on Thursday, JUNE 25, 2026. 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.
Present: Bill Dixon, President
Rey Chavez, Treasurer
Sharon Denson, Director
Matt Clingo, Director
John Faubush III, Director
Allison Heyward, Director
Absent:Eryn McElroy, Vice President
Bryan Jones, Secretary
Staff present: Steve Williams, City Manager
Brian James, Deputy City Manager
Sheree Courney, Deputy City Secretary
Irene Chavez, Assistant City Secretary
Jessica Dycus, Assistant Director of Finance
Scott Wayman, Executive Director
Amy Madison, Deputy Director
Ashley Ritchey, Business Engagement Manager
Kimberly Lovejoy, Administrative Assistant
Attendees: Dr. Robert Sheridan, Council Member
Tom Stellman, TIP Strategies Presenter
Alexis Angelo, TIP Strategies Presenter
Verne Futagawa, SEDC Advisory Committee
Richard Sifuentes, SEDC Advisory Committee
Maggie Titterington, SEDC Advisory Committee
Lauren Dalton, The Chamber
Call to Order
Roll call, recognition of visitors, and review of meeting instructions for effective Board interaction and public
participation.
Bill Dixon, Board President, presided over the meeting and called it to order at 6:00 pm. Members Eryn McElroy,
Vice President, and Bryan Jones, Secretary, were absent.
City Council Member Robert Sheridan and Lauren Dalton, The Chamber, stopped by as visitors to observe.
Tom Stellman and Alexis Angelo, as representatives of TIP Strategies, attended to present the Comprehensive
Economic Development Strategic Plan (CEDS) Proposal. Advisory Committee Members Verne Futagawa, Richard
Sifuentes, and Maggie Titterington attended for the presentation.
Bill Dixon, Board President, deferred the SEDC Board Member Oath of Office for a later time during the meeting.
Allison Heyward arrived at 6:45 pm and Bill Dixon called for the Oath of Office to be administered.
Allison Heyward, Term Ending 09/30/2027
Sheree Courney, Deputy City Secretary, administered the Oath of Office to Allison Heyward for appointment to
the Schertz Economic Development Board at 6:48 pm. Board President Bill Dixon welcomed the newest Board
Member Allison Heyward, appointed on June 16, 2026 by the Schertz City Council to fill Eryn McElroy's seat.
Following her appointment, Ms. Heyward immediately joined as a voting member for the remainder of the board
meeting.
Hearing of Residents
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.
Consent Agenda
1.Approval of the Minutes for the Board of Directors Regular Monthly Meeting held April 23, 2026.
Bill Dixon, Board President, asked for a motion to approve the consent agenda for April 23, 2026. John
Faubush moved to approve, seconded by Sharon Denson. Motion carries unanimous; 5-0.
Discussion Only
2.Discussion regarding the SEDC Monthly Financial Statements for April 2026 & May 2026 (S. Wayman)
Scott Wayman, Executive Director, provided an overview of the April 2026 & May 2026 Financial
Statements.
Sales tax received in the month of April totaled $1,708,646.99, representing a 270.6% increase of the same
period in the prior year. Total expenses in April 2026 were $321,506.12, which includes a payment to the
City of Schertz Inc. for SEDC Indirect Interfund Charges April 2026 in the amount of $320,851.50.
Sales tax received in the month of May totaled $2,583,591.43, representing a 54.5% increase of the same
period in the prior year. Total expenses in May 2026 were $51321.64, which includes the third payment to
TIP Strategies, Inc. for the comprehensive strategic plan in the amount of $29,000 and payment to Golden
Shovel Agency, LLC for website migration in the amount of $11,500.
3.Discussion regarding the placement and funding of the City of Schertz Logo on the turnaround bridge
located at I-35 and Schertz Parkway (S. Wayman)
Scott Wayman, Executive Director, presented information regarding the placement of the Schertz Parkway
Logo located at I-35 and Schertz Parkway and the Chamber Logo located on Pat Booker Road.
Discussion and Possible Action
4.Recommending City Council approval of the Comprehensive Economic Development Strategic Plan
(CEDS) (T. Stellman, TIP Strategies)
Tom Stellman, TIP Strategies, presented the CEDS.
Ray Chavez inquired about the order of items on Goal 1. Business Attraction, Retention & Development.
Tom advised the items were in no particular order of priority. Amy Madison advised the list is reviewed on
an annual basis to ensure each listed item is being addressed.
Bill Dixon thanked the EDC Board and staff for carrying out the initiative. He emphasized the importance
of ensuring that our partners are also doing their part. Bill then asked whether TIP Strategies is providing
CRM software to manage a database of existing businesses in Schertz. Tom Stellman clarified that the
EDC already has the software necessary to manage such a database.
Bill Dixon, Board President, asked for a motion to approve the recommendation for approval of the CEDS
to the City Council. Ray Chavez moved to approve, seconded by Sharon Denson. Motion carries
unanimous; 5-0.
Recess called at 6:53 pm
Reconvened at 6:58pm
5.Resolution 2026-02 - Authorizing the Board President to execute an agreement for Provision of
Professional Services between the City of Schertz and the Schertz Economic Development Corporation,
and other matters in connection therewith. (S. Wayman)
Scott Wayman provided an overview of the Provision of Professional Service Agreement. The contract for
professional services must be arrived by the SEDC annually and contains details of the costs and services
from the City of Schertz including personnel, rent, internal services, and fleet costs for FY2026-27. Scott
W. noted Rent and Fleet remained the same, with an overall 3.5% overall increase based on actual
personnel numbers and 2% increase for internal services.
Bill Dixon, Board President, asked for a motion to approve the authorization for the Board President to
execute an agreement for Provision of Professional Services between the City of Schertz and the Schertz
Economic Development Corporation, and other matters in connection therewith. Allison Heyward moved
to approve, seconded by Ray Chavez. Motion carries unanimous; 6-0.
Public Hearings
6.Resolution 2026-03 - Briefing, public hearing and possible action on recommending approval by the City
Council for the proposed Schertz Economic Development Corporation FY2026-27 Budget and Reserves.
(A. Madison)
Public Hearing opened at 7:04 pm
Amy Madison, Deputy Director, presented the FY2026-27 Budget and Reserves as proposed, with no
change in budget from FY2025-26.
Matt Clingo asked for details regarding Advertising Expense. Amy M. advised expenses include branding
and travel, etc.
President Bill Dixon called for public comments on the FY2026-27 Budget and Reserves. There being no
response, he closed the public hearing.
Public Hearing closed at 7:12 pm
Bill Dixon, Board President, asked for a motion to approve the recommendation for City Council approval
of the proposed Schertz Economic Development Corporation FY2026-27 Budget and Reserves. John
Faubush moved to approve, seconded by Sharon Denson. Motion carries unanimous; 6-0.
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 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.
E-116
E-117
E-80
Start time: 7:13pm
End time: 8:21pm
President Bill Dixon reconvened to Open Session at 8:21pm
Reconvene to Regular Session
8.Take any actions based on discussion held in closed session under Agenda Item No. 7.
No action was taken.
Requests and Announcements
Announcements by staff.
Ground breaking STX Frio
Home Depot TBD
Reveal of the Logo on the Bridge - Mid June
Requests by Board Members to place items on a future SEDC Board Meeting agenda.
Next SEDC Regular Meeting July 23, 2026
Adjournment
President Bill Dixon adjourned the meeting at 8:22 pm
MINUTES PASSED AND APPROVED THIS ___ DAY ___________ 2026.
MINUTES PASSED AND APPROVED THIS ___ DAY ___________ 2026.
____________________
William Dixon
Board President
___________________
SEDC Board Member
Agenda No. 3.
SEDC MEMORANDUM
SEDC
Board Meeting:07/16/2026
Department:Economic Development Corporation
Subject:Resolution 2026-4 - Authorizing the Second Amendment to the Economic
Development Performance Agreement between the City of Schertz Economic
Development Corporation and Boomerang-Lovett and authorizing the SEDC
Deputy Director to execute the amendment and other required documents in
connection therewith.
BACKGROUND
COMMUNITY BENEFIT
FISCAL IMPACT
SUMMARY OF RECOMMENDED ACTION
Attachments
Resolution 2026-4
SEDC RESOLUTION 2026-4
A RESOLUTION BY THE CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION, AUTHORIZING THE SECOND AMENDMENT TO THE ECONOMIC DEVELOPMENT PERFORMANCE AGREEMENT BETWEEN THE CITY OF SCHERTZ ECONOMIC DEVELOPMENT CORPORATION AND BOOMERANG-LOVETT; 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, 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, the Act authorizes a development corporation to fund certain projects as
defined by the Act and request development corporations to enter into performance agreements
to establish and provide for the direct incentive or make an expenditure on behalf of a
business enterprise under a project; and
WHEREAS, the parties entered into that Economic Development Performance Agreement
with an effective date of September 25 ,2023; and
WHEREAS, the EDA was amended on January 10, 2025 (the "EDA Amendment") to (i) clarify the reimbursement available is dependent on whether one or two Developers construct and
deliver their projects; and (ii) provide that the SEDC is responsible for and will fund all costs and
expenses to increase the size of the Public Improvements by up to sixteen inches (16") (the "Oversizing") which will result in the expansion of the Public Improvements from an eight-inch (8") wastewater line to up to a twenty-four-inch (24") wastewater line, with the EDA Amendment being incorporated herein by reference; and
WHEREAS, Boomerang desires to begin construction of the Public Improvements, and
through this Amendment, the Parties wish to amend the reimbursement available for construction of the wastewater line and the timing and schedule for reimbursement thereof; and
WHEREAS, the Parties wish to provide the terms under which Boomerang will receive the
funding from the SEDC contemplated in the EDA and EDA Amendment for the portion of the
Public Improvements that is subject to the Oversizing and which Boomerang will construct; and,
WHEREAS, pursuant to Article X, Section 9 of the EDA, the Parties now desire to amend
the EDA, as amended, to the extent provided in this Amendment.
WHEREAS, Section 501.073 of the Act requires that the SEDC receive final approval
from the City Council, the authorizing unit, to approve all programs and expenditures.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
CITY OF SCHERTZ ECONOMIC DEVELOPMENT CORPORATION THAT:
Section 1. The Schertz Economic Development Board hereby approve the Economic
Development Performance Agreement Amendment attached hereto as Exhibit A and authorizes
the President to execute and deliver in the substantial form as attached.
Section 2. The recitals contained in the preamble hereof 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 person 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 16th day of July, 2026.
CITY OF SCHERTZ ECONOMIC
DEVELOPMENT CORPORATION _______________________________ William Dixon, SEDC Board President
ATTEST:
_____________________________
SEDC Board Member