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| Call To Order |
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1. |
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Roll call, recognition of visitors, and review of meeting instructions for effective Board interaction and public participation.
Board President Macaluso presided over the meeting and called it to order at 6:00 p.m. Mr. Macaluso welcomed everyone in attendance.
| Board of Directors Present: |
Staff Present: |
| Paul Macaluso, Board President |
Holly Malish, Interim EDC Director |
| Jesse Hamilton, Board Vice President |
Ashley Ritchey, Business Engagement Manager |
| Sammi Morrill, Board Secretary |
John Nowak, Engineer |
| Bryan Snowden, Board Treasurer |
Sheree Courney, Deputy City Secretary |
| Roy Richard, Board Member |
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| Board of Directors Absent: |
Others Present: |
| Bill Dixon, Board Member |
Tim Brown, Mayor Pro-Tem, City Council Liaison |
| Mark Moody, Board Member |
Allison Heyward, Councilmember, City Council Liaison-Alt |
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| Hearing of Residents |
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2. |
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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 requested to speak.
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| Minutes |
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3. |
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Approval of the minutes for the Board of Directors Regular Monthly Meeting held on Thursday, April 27, 2023. (S.Courney)
No action taken.
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| Presentations |
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4. |
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Staff briefing on SEDC monthly financial statement for the month of March 2023. (J. Walters/H.Malish)
March sales tax received was $681,142, a 17.7% increase over the year prior. The 12-month rolling average is 9.9% still trending up. Notable expenditures include incentive payments to Closner Equipment and Ace Mart, and consultant payments to Kimley-Horn and The Retail Coach.
Total Cash & Investments figure at the end of March was $28.1 million.
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5. |
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Presentation on Retail Coach Update (H. Malish/A. Farmer)
Ms. Malish played a recorded presentation from Mr. Farmer that provided an update on the strong interest in Schertz from various retailers, restaurants, and developers interested in bringing business to the city. The last six months have been a struggle with readily available sites. Many that were reached out to want to build around EVO. He also provided information for the upcoming ICSC conference to be held May 21-23, 2023. He recommends Schertz talk to Merritt regarding any scheduled meetings at the event they would like a City representative to attend with them.
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6. |
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Presentation on Annual Certifications (H. Malish)
Ms. Malish provided an update on Annual Certifications including rebates paid for the year. 9 out of 11 are in compliance, one was not responsive, and one is requesting an extension.
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7. |
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Presentation on SEDC Funding Commitments (H. Malish)
Ms. Malish presented current status of Board approved funding commitments to date.
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| Discussion Items |
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8. |
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Discussion on Lookout Rd Reconstruction Project (H. Malish/J. Nowak)
Ms. Malish recognized Mr. John Nowak, City of Schertz Engineer, who provided an update on Lookout Rd. reconstruction project and requested additional funding for sidewalks. Costs associated with adding the sidewalks include adding retaining walls, additional survey and design work, and right of way acquisition. Estimated costs continue to go up. Current estimated cost for adding the additional sidewalks is $1.5 million. This is in addition to the amount already committed by the Board for the Lookout Road reconstruction project of $5.25 million. Bringing total estimated costs to $6.75 million. Board members requested additional information showing the proposed costs.
Board President Macaluso recessed Open Session to Closed Session at 6:41 p.m.
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Closed Session
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9. |
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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) the deliberate the offer of a financial or other incentive to a business prospect.
Start time: 6:41 p.m.
End time: 7:15 p.m.
Board Present Macaluso reconvened to open session at 7:16 p.m.
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| Reconvene to regular session |
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10. |
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Take any actions based on discussion held in closed session under Agenda Item No. 9
No action taken based on discussion in closed session.
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Requests and Announcements
- Announcements by staff:
- Next Board Meeting - May 25, 2023
- Ms. Malish shared she will be taking a Leave of Absence beginning May 17, 2023.
- April Birthdays - Sammi Morrill
- Requests by Board Members to place items on a future SEDC Board Meeting agenda.
- Update from Lauren Shrum, Parks and Recreation Director, on Great Hills Trail.
- Update on Schertz 312
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Adjournment
Board President Macaluso adjourned the meeting at 7:23 p.m.
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