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01-12-2024 (WEDC) Agenda Packet Special CalledWylie Economic Development Corporation Board Special Called Meeting January 12, 2024 — 7:30 AM WEDC Office Conference Room - 250 South Highway 78, Wylie, Texas 75098 CALL TO ORDER INVOCATION & PLEDGE OF ALLEGIANCE WYLIEEDC COMMENTS ON NON -AGENDA ITEMS Any member of the public may address Board regarding an item that is not listed on the Agenda. Members of the public must fill out a form prior to the meeting in order to speak. Board requests that comments be limited to three minutes for an individual, six minutes for a group. In addition, Board is not allowed to converse, deliberate or take action on any matter presented during citizen participation. CONSENT AGENDA All matters listed under the Consent Agenda are considered to be routine by the Board and will be enacted by one motion. There will not be separate discussion of these items. If discussion is desired, that item will be removed from the Consent Agenda and will be considered separately. A. Consider and act upon approval of Minutes from the December 20, 2023 Regular Meeting of the WEDC Board of Directors. B. Consider and act upon approval of the December 2023 WEDC Treasurer's Report. REGULAR AGENDA 1. Consider and act upon construction services at Hwy 78 & Brown. 2. Consider and act upon construction services at FM 544 Gateway Addition. 3. Consider and act upon a First Amendment to the Purchase and Sale Agreement between WEDC and SCSD- Finnell, LTD. 4. Consider and act upon a Third Amendment to the Purchase and Sale Agreement between the WEDC and McClure Partners Construction Company. DISCUSSION ITEMS DSL Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. MM7&1912#07010 1 :1of7711[130`1X@Y,11.7761[ei1`19I1A9111179o171&WOKIMo1171/1NByI1►M" age 11 1 A governmental body may conduct a closed meeting to deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on its negotiating position. ES1. Consider the sale or acquisition of properties located at Ballard/Brown, Brown/Eubanks, FM 544/Cooper, FM 544/Sanden, Jackson/Oak, Regency/Steel, State Hwy 78/Ballard, State Hwy 78/Brown, and State Hwy 78/Skyview. Sec. 551.074. PERSONNEL MATTERS; CLOSED MEETING. (a) This chapter does not require a governmental body to conduct an open meeting: (1) to deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; or (2) to hear a complaint or charge against an officer or employee. (b) Subsection (a) does not apply if the officer or employee who is the subject of the deliberation or hearing requests a public hearing. Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; CLOSED MEETING. This chapter does not require a governmental body 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 described by Subdivision (1). ES2. Deliberation regarding commercial or financial information that the WEDC has received from a business prospect and to discuss the offer of incentives for Projects: 2013-9a, 2022-1c, 2022-1Oc, 2023-1e, 2023-2d, 2023-3b, 2023-4c, 2023-5b, 2023-9b, 2023-10a, 2023-12c, and 2024-1a. RECONVENE INTO OPEN SESSION Take any action as a result from Executive Session. FUTURE AGENDA ITEMS CERTIFICATION I certify that this Notice of Meeting was posted on January 5, 2024 at 5:00 p.m. on the outside bulletin board at Wylie City Hall, 300 Country Club Road, Building 100, Wylie, Texas, a place convenient and readily accessible to the public at all times. Stephanie Storm, City Secretary Date Notice Removed The Wylie Municipal Complex is wheelchair accessible. Sign interpretation or other special assistance for disabled attendees must be requested 48 hours in advance by contacting the City Secretary's Office at 972.516.6020. Hearing impaired devices are available from the City Secretary prior to each meeting. 2 If during the course of the meeting covered by this notice, the Board should determine that a closed or executive meeting or session of the Board or a consultation with the attorney for the City should be held or is required, then such closed or executive meeting or session or consultation with attorney as authorized by the Texas Open Meetings Act, Texas Government Code § 551.001 et. seq., will be held by the Board at the date, hour and place given in this notice as the Board may conveniently meet in such closed or executive meeting or session or consult with the attorney for the City concerning any and all subjects and for any and all purposes permitted by the Act, including, but not limited to, the following sanctions and purposes: Texas Government Code Section: § 551.071— Private consultation with an attorney for the City. § 551.072 — Discussing purchase, exchange, lease or value of real property. § 551.073 — Discussing prospective gift or donation to the City. § 551.074 — Discussing personnel or to hear complaints against personnel. § 551.076 — Discussing deployment of security personnel or devices or security audit. § 551_087 — Discussing certain economic development matters. 3 0111212024 Item A. Minutes Wylie Economic Development Corporation Board of Directors Meeting December 20, 2023 — 7:30 A.M. WEDC Offices — Conference Room 250 S Hwy 78 — Wylie, TX 75098 CALL TO ORDER Announce the presence of a Quorum President Melisa Whitehead called the meeting to order at 7:31 a.m. Board Members present were Aaron Jameson, Whitney McDougall, and Blake Brininstool. Ex-Officio Member City Manager Brent Parker was present. WEDC staff present included Executive Director Jason Greiner, Assistant Director Rachael Hermes, BRE Director Angel Wygant, and Administrative Assistant Marissa Butts. Demond Dawkins arrived during consideration of Consent Agenda at 7:32 a.m. Ex-Officio Member Mayor Matthew Porter arrived at 7:33 a.m. INVOCATION & PLEDGE OF ALLEGIANCE City Manager Brent Parker gave the invocation and led the Pledge of Allegiance. COMMENTS ON NON -AGENDA ITEMS With no citizen participation, President Whitehead moved to Consent Agenda. CONSENT AGENDA All matters listed under the Consent Agenda are considered to be routine by the WEDC Board of Directors and will be enacted by one motion. There will not be a separate discussion of these items. If discussion is desired, that item will be removed from the Consent Agenda and will be considered separately. A. Consider and act upon approval of Minutes from November 1.5, 2023, Regular Meeting of the WEDC Board of Directors. B. Consider and act upon approval of the November 2023 WEDC Treasurer's Report. Board Action A motion was made by Aaron Jameson, seconded by Blake Brininstool, to approve the Consent Agenda as presented. A vote was taken, and the motion passed 5-0. 0 0111212024 Item A. WEDC — Minutes December 20, 2023 Page 2 of 3 REGULAR AGENDA 1. Consider and act upon a First Amendment to the Performance Agreement between the WEDC and Sanden International (U.S.A.), Inc. Staff Comments Staff reminded the Board that City Council approved Project 2021-9f on June 27, 2023, and the WEDC approved the Performance Agreement with Sanden International (U.S.A.), Inc. in an amount not to exceed $500,000 on September 20, 2023. This First Amendment to the Performance Agreement provides a 90-day extension to allow Sanden adequate time to get final fire inspection and provide additional documentation to confirm the $25MM project cost. Board Action A motion was made by Blake Brininstool, seconded by Whitney McDougall, to approve a First Amendment to the Performance Agreement between the WEDC and Sanden International (U.S.A.), Inc. A vote was taken, and the motion passed 5-0. DISCUSSION ITEMS DSl. Discussion regarding ICSC. Staff Comments Staff referred the Board to the Agenda Report provided in the packet for information related to the upcoming ICSC events. The Board then discussed their experiences at past ICSC events and their individual interest in attending future ICSC events. Additionally, the Board inquired about the benefits and connections that the EDC have gained from attending the ICSC events. Staff referenced Direct Development/Target and Clark Street/Kroger developments as results of attending ICSC events. DS2. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. Staff Comments Staff referred the Board to the Agenda Report provided in the packet for all updates related to WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. EXECUTIVE SESSION Recessed into Closed Session at 8:00 a.m. in compliance with Section 551.001, et. seq. Texas Government Code, to wit: Sec. 551.072. DELIBERATION REGARDING REAL PROPERTY; CLOSED MEETING. ESl. Consider the sale or acquisition of properties located at Brown/Eubanks, FM 544/Cooper, FM 544/Sanden, FM 1378/Park, Jackson/Oak, Regency/Steel, State Hwy 78/Alanis, State Hwy 78/Brown, and State Hwy 78/Skyview. 5] 0111212024 Item A. WEDC — Minutes December 20, 2023 Page 3 of 3 Sec. 551.074. PERSONNEL MATTERS; CLOSED MEETING. Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; CLOSED MEETING. ES2. Deliberation regarding commercial or financial information that the WEDC has received from a business prospect and to discuss the offer of incentives for Projects: 2021-4b, 2022-Ic, 2022-10c, 2023- la, 2023-1c, 2023-2b, 2023-2d, 2023-3b, 2023-4c, 2023-5b, 2023-8a, 2023-9b, 2023-10a, 2023-11a, 2023-12a, 2023-12b, 2023-12c, and 2023-12d. RECONVENE INTO OPEN SESSION Take any action as a result of the Executive Session. President Whitehead reconvened into Open Session at 9:16 a.m. FUTURE AGENDA ITEMS There were no Items requested for inclusion on future agendas. ADJOURNMENT With no further business, President Whitehead adjourned the WEDC Board meeting at 9:16 a.m. Melisa Whitehead, President ATTEST: Jason Greiner, Executive Director 6] 0111212024 Item B. WYLIEEDC Wylie Economic Development Meeting Date: January 12, 2024 Item Number: Prepared By: Jason Greiner Consider and act upon approval of the December 2023 WEDC Treasurer's Report. Motion to approve the December 2023 WEDC Treasurer's Report. Presented for the Board's review and approval is the December 2023 Treasurer's Report detailing the month and year-to- date financial transactions and performance against budget. In this report, you will find the Revenue and Expense Report, Statement of Net Position, Balance Sheet, Sales Tax Report, and the Performance Agreement Summary. The Quarterly Inventory Subledger will be provided. REVENUES: Sales Tax Revenue earned in September allocated in December, was $374,686.38, an increase of 10.62% over the same period in 2022. Gain/Loss Sale of Cap Assets $ (74,295.35) Sale of 1001 & 1011 Squire EXPENSES: No notable expenses for this month. Page 1 of 1 0111212024 Item B. WYLIEECONOMIC December Rev/E:xp me DEVELOPMENT Account Summary For Fiscal: 2023-2024 Period Ending: 12/31/2023 Variance Original Current Period Fiscal Favorable Percent Total Budget Total Budget Activity Activity (Unfavorable) Remaining Fund: 111- WYLIE ECONOMIC DEVEL CORP Revenue Category: 400 - Taxes t,1- 46(io -40210 SALES TAX 4,536,561.00 4,536,561.00 374,686.38 374,686.38 -4,161,874.62 91.74 % Category: 400 - Taxes Total: 4,536,561.00 4,536,561.00 374,686.38 374,686.38 -4,161,874.62 91.74% Category: 460 - Interest Income t1,1-11000-1€.6:ULI ALLOCATED INTEREST EARNINGS 112,000.00 112,000.00 46,282.99 129,464.17 17,464.17 115.59 % Category: 460 - Interest Income Total: 112,000.00 112,000.00 46,282.99 129,464.17 17,464.17 15.59% Category: 480 - Miscellaneous Income 111-4000-4811.E RENTAL INCOME 48,600.00 48,600.00 2,800.00 5,080.65 -43,519.35 89.55 % 11.1.-4000- 3= t_0 MISCELLANEOUS INCOME 0.00 0.00 1,258.18 1,258.18 1,258.18 0.00 % 11.1-4000-48430 GAIN/(LOSS) SALE OF CAP ASSETS 2,655,970.00 2,655,970.00 -74,295.35 -223,384.36 -2,879,354.36 108.41 % Category: 480 - Miscellaneous Income Total: 2,704,570.00 2,704,570.00 -70,237.17 -217,045.53 -2,921,615.53 108.03% Revenue Total: 7,353,131.00 7,353,131.00 350,732.20 287,105.02 -7,066,025.98 96.10% Expense Category: 510 - Personnel Services 11.1.- 6.11.-511.1.0 SALARIES 440,500.00 440,500.00 44,429.88 87,497.88 353,002.12 80.14 % 11.1.-5611.-I511.:30 OVERTIME 0.00 0.00 0.00 871.40 -871.40 0.00% 1.11,-i5611.. 511.40 LONGEVITY PAY 1,200.00 1,200.00 0.00 1,092.00 108.00 9.00 % 111;.:-56,11-`i131.0 TMRS 68,500.00 68,500.00 6,416.19 12,832.25 55,667.75 81.27% 1.1.1.-561.1-51410 HOSPITAL & LIFE INSURANCE 81,000.00 81,000.00 5,023.17 14,974.58 66,025.42 81.51 % 111-561 E, `?7:420 LONG-TERM DISABILITY 1,600.00 1,600.00 58.50 117.00 1,483.00 92.69 % 111_5611-5144..6 FICA 27,000.00 27,000.00 2,617.58 5,158.06 21,841.94 80.90 % 11.1,i5611-51450 MEDICARE 6,400.00 6,400.00 612.16 1,206.30 5,193.70 81.15 % 1;11-561.1.-=a-47t1 WORKERS COMP PREMIUM 2,100.00 2,100.00 0.00 825.66 1,274.34 60.68 % 111-`i61.1-5s1.4 0 UNEMPLOYMENT COMP (TWC) 1,600.00 1,600.00 0.08 5.00 1,595.00 99.69 % Category: 510 - Personnel Services Total: 629,900.00 629,900.00 59,157.56 124,580.13 505,319.87 80.22% Category: 520 - Supplies 1-1�1:-,5611-52010 OFFICE SUPPLIES 5,000.00 5,000.00 526.08 1,157.38 3,842.62 76.85 % 111-56 1-`k2040 POSTAGE & FREIGHT 300.00 300.00 0.00 0.00 300.00 100.00 % 111-5611 5281.0 FOOD SUPPLIES 3,000.00 3,000.00 108.65 466.79 2,533.21 84.44 % Category: 520 - Supplies Total: 8,300.00 8,300.00 634.73 1,624.17 6,675.83 80.43% Category: 540 - Materials for Maintenance 1.1.1-5611-54610 FURNITURE & FIXTURES 2,500.00 2,500.00 0.00 -193.05 2,693.05 107.72 % 1.111,:.5611 54310 COMPUTER HARD/SOFTWARE 7,650.00 7,650.00 2,299.98 2,299.98 5,350.02 69.93 % Category: 540 - Materials for Maintenance Total: 10,150.00 10,1S0.00 2,299.98 2,106.93 8,043.07 79.24% Category: 560 - Contractual Services 1115611-56030 INCENTIVES 1,929,250.00 1,929,250.00 0.00 0.00 1,929,250.00 100.00% 1.1,1-561.11:-56040 SPECIAL SERVICES 37,270.00 37,270.00 315.00 630.00 36,640.00 98.31 % 1.1.1--561,1- 6041 SPECIAL SERVICES -REAL ESTATE 234,500.00 234,500.00 7,180.89 11,730.32 222,769.68 95.00 % 1.1.1 -561_ 1:-,( 6042. SPECIAL SERVICES-INFRASTRUCTUR 10,324,000.00 10,324,000.00 0.00 6,101.36 10,317,898.64 99.94 % 1.11-5611.-56080 ADVERTISING 226,125.00 226,125.00 6,140.00 38,621.62 187,503.38 82.92 % 1.1.1.-561.E-56090 COMMUNITY DEVELOPMENT 64,950.00 64,950.00 5,488.74 16,706.65 48,243.35 74.28 % 111-5611.-`k61 0 COMMUNICATIONS 7,900.00 7,900.00 492.28 984.56 6,915.44 87.54 % 1.2.1.-5611.-56180 RENTAL 27,000.00 27,000.00 2,250.00 6,750.00 20,250.00 75.00 % 1.11,__1r61. Ev5621.0 TRAVEL & TRAINING 73,000.00 73,000.00 4,839.10 17,301.13 55,698.87 76.30 % 1.1.1,-5611.-56250 DUES & SUBSCRIPTIONS 60,733.00 60,733.00 3,098.81 27,818.90 32,914.10 54.19 % 11 1 -561E.-56310 INSURANCE 6,800.00 6,800.00 0.00 5,350.11 1,449.89 21.32 % 11..L-5611- 56 r 0 AUDIT & LEGAL SERVICES 23,000.00 23,000.00 3,000.00 7,470.87 15,529.13 67.52 % 111,-561.1-` 65'70 ENGINEERING/ARCHITECTURAL 530,175.00 530,175.00 30,830.61 84,473.11 445,701.89 84.07 % 1/b/2024 12.2`)x 26 PM Pige 1 of 4 Budget Report 0111212024 Item B. For Fiscal: aoa3-zn2o Variance on«na/ Current penvu Fiscal Favorable Percent Total Budget Total Budget xcuvuv Activity (onmvvmme) Remaining Ill 561156610 unur/ss-s/scrmc z*oouo 240000 000 zsous 214397 uyssm Category: soo-Contractual Services Total: o'som'ms.00 13'547,103.00 63,63s.43 224,194a6 13'322,90:.3: 98.35% Category: sm-Debt Service mCapital Replacement 111-5611-57410 PRINCIPAL PAYMENT 000'o*s.00 uoo'oos.00 *9'409.40 147'722.79 4s2'373.21 75.38m 111-561L-57415 INTEREST EXPENSE 631,902.00 631,902.00 S3,2S7.07 Category: sm'Debt Service mCapital Replacement Total: 1'23l'998.00 z'ol'oyo.00 102'666.47 307'999.41 923'998.59 75.00m catemory.sxo-cuvuo/uuuov 11�5611-58110 mmo'punc*Asppmce z'000'ouu.ou 1'000,000»0 0.00 r'or,»o *oz'yzz.00 99.29% 111-5611-58995 CONTRA CAPITAL OUTLAY 0.00 0.00 0.00 'ror000 7,079.00 000m Category: smo-Capital Outlay Total: z'mm'000.00 1'000,000.00 0.00 0.00 1,000mm.00 100.00m Expense Total: 16,427,451.00 16t*27,451.00 228'39:.17 660'5us.30 z5'766,*45.70 95.98% Fund: Ill -mnusECONOMIC oEveCORP Su,nm,(oenut). -y'ur��zo�oo o -y'7�s2o.00 122'338.03 -3/3,400.28 8,/00,919.72 ys.oym Report Surplus (Deficit): -9'074t320.00 -9'o74,320.00 122,338.0e -373':00.28 8,700,919.72 ys.uy% l/s/2024 12�2s�28mn Page �� Budget Report Category Fund: 111- WYLIE ECONOMIC DEVEL CORP Revenue 400 - Taxes 460 - Interest Income 480 - Miscellaneous Income 0111212024 Item B. For Fiscal: 2023-2024 Period Ending: Group Summary Variance Original Current Period Fiscal Favorable Percent Total Budget Total Budget Activity Activity (Unfavorable) Remaining 4,536,561.00 4,536,561.00 374,686.38 374,686.38 -4,161,874.62 91.74% 112,000.00 112,000.00 46,282.99 129,464.17 17,464.17 15.59% 2,704,570.00 2,704,570.00 -70,237.17 -217,045.53 -2,921,615.53 108.03% Revenue Total: 7,353,131.00 7,353,131.00 350,732.20 287,105.02 -7,066,025.98 96.10% Expense 510 - Personnel Services 629,900.00 629,900.00 59,157.56 124,580.13 505,319.87 80.22% 520 - Supplies 8,300.00 8,300.00 634.73 1,624.17 6,675.83 80.43% 540 - Materials for Maintenance 10,150.00 10,150.00 2,299.98 2,106.93 8,043.07 79.24% 560 - Contractual Services 13,547,103.00 13,547,103.00 63,635.43 224,194.66 13,322,908.34 98.35% 570 - Debt Service & Capital Replacement 1,231,998.00 1,231,998.00 102,666.47 307,999.41 923,998.59 75.00% 580 - Capital Outlay 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 100.00% Expense Total: 16,427,451.00 16,427,451.00 228,394.17 660t50S.30 15,766,945.70 95.98% Fund: 111- WYLIE ECONOMIC DEVEL CORP Surplus (Deficit): -9,074,320.00 -9,074,320.00 122,338.03 -373,400.28 8,700,919.72 95.89% Report Surplus (Deficit): -9,074,320.00 -9,074,320.00 122,338.03 -373,400.28 8,700,919.72 95.89% 1/b/2024 12.2b. 28 PM Page 3, of 4 1,o Budget Report 0111212024 Item B. For Fiscal: 2023-2024 Period Ending: Fund Summary Variance Original Current Period Fiscal Favorable Fund Total Budget Total Budget Activity Activity (Unfavorable) 111- WYLIE ECONOMIC DEVEL CC-9,074,320.00 -9,074,320.00 MMMMM122,338.03 122,338.03 -373,400.28 MMM-373,400.28mmmmm 8,700,919.72 Report Surplus (Deficit): -9,074,320.00^mmPPMM 9,074,320.00� 8,700,919.72 1/b/2024 12.2b. 28 PM Page 4 (kt 4 1' , 0111212024 Item B. Wylie Economic Development Corporation Statement of Net Position As of December 31, 2023 Assets Cash and cash equivalents $ 13,630,103.04 Receivables $ 770,000.00 Note 1 Inventories $ 14,645,353.88 Prepaid Items $ - Total Assets $ 29,045,456.92 Deferred Outflows of Resources Pensions $ 67,748.55 Total deferred outflows of resources $ 67,748.55 Liabilities Accounts Payable and other current liabilities $ 11,634.76 Unearned Revenue $ 4,141.40 Note 2 Non current liabilities: Due within one year $ 513,488.21 Note 3 Due in more than one year $ 15,034,169.48 Total Liabilities $ 15,563,433.85 Deferred Inflows of Resources Pensions $ (84,717.41) Total deferred inflows of resources $ (84,717.41) Net Position Net investment in capital assets $ - Unrestricted $ 13,465,054.21 Total Net Position $ 13,465,054.21 Note 1: Includes incentives in the form of forgivable loans for $20,000 (LUV-ROS), $100,000 (Glen Echo), $450,000 (Phoenix Ascending), and $200,000 (MLKI) Note 2: Deposits from rental property Note 3: Liabilities due within one year includes compensated absences of $32,301 WYLIEECONOMIC DEVELOPMENT Account Name Fund: 111- WYLIE ECONOMIC DEVEL CORP Assets Balance 0111212024 Item B. Balance Sheet Account Summary As Of 12/31/2023 i J 2 wt20-f i7i.£Ci CLAIM ON CASH AND CASH EQUIV. 13,628,103.04 11:I IOt 1011.E CASH - WEDC - INWOOD 0.00 111 iQQO-1£i:15 ESCROW 0.00 J L t000101�_0 DEPOSITS 2,000.00 111-1000-10198 OTHER - MISC CLEARING 0.00 11.1 10QQ 10341 TEXPOOL 0.00 M iQOC? i.0_ 43 LOGIC 0.00 111 tOQO 1.0481 INTEREST RECEIVABLE 0.00 11 €000 1.E.S11 ACCTS REC - MISC 0.00 1 1.1 1000-1151.7 ACCTS REC - SALES TAX 0.00 112 lO0Q,.12810 LEASE PAYMENTS RECEIVABLE i 0.00 11L iQQQ 129SC1 LOAN PROCEEDS RECEIVABLE 0.00 k1. I000w12.996 LOAN RECEIVABLE 0.00 Ll L 1000 1ZT17 ACCTS REC - JTM TECH 0.00 11,5 f1C Q %` 9 ACCTS REC - FORGIVEABLE LOANS 770,000.00 I1 t0001.4112 INVENTORY - MATERIAL/SUPPLY 0.00 ML2F2tK-1Ili k INVENTORY'- LAND & BUILDINGS 14,645,353.88 11.1 _t 10? 141L4 INVENTORY - BAYCO/ SANDEN BLVD 0.00 11C 1£IQQ-,L L2 PREPAID EXPENSES - MISC 0.00 21.1 iQ0 _14410 DEFERRED OUTFLOWS 2,168,500.00 Total Assets: 31,213,956.92 31,213,956.92 Liability 11€-2000 20110 FEDERAL INCOME TAX PAYABLE 0.00 ] 1.[ 700 20111 MEDICARE PAYABLE 0.00 CU-20O0-2C2112 CHILD SUPPORT PAYABLE 0.00 111 r"0f}Q-201.13 CREDIT UNION PAYABLE 0.00 11 i 20E1t7-20i1�4 IRS LEVY PAYABLE 0.00 111 2 qg 202115 NATIONWIDE DEFERRED COMP 0.00 C1 ?OGfJ 7C11. HEALTH INSUR PAY -EMPLOYEE 5,951.58 121 ICI () ?C)127 TMRS PAYABLE 3,061.41 111.2000-20118 ROTH IRA PAYABLE 0.00 11:Z 20Qt1-201I.9 WORKERS COMP PAYABLE 0.00 111 2000 203,20 FICA PAYABLE 0.00 121 2£1GC)-201.1t TEC PAYABLE 0.00 1.1=1-2000 20122 STUDENT LOAN LEVY PAYABLE 0.00 22:1 ?OOC1-2012: ALIMONY PAYABLE 0.00 11. 2000-2 124 BANKRUPTCY PAYABLE 0.00 i 1.1 29-0 20121 VALIC DEFERRED COMP 0.00 111-2000.20126 ICMA PAYABLE 0.00 11,I ?QQQC ,2O121 EMP. LEGAL SERVICES PAYABLE 0.00 111-2000 2013i FLEXIBLE SPENDING ACCOUNT 2,512.44 1 S 1 200 201.31 EDWARD JONES DEFERRED COMP 0.00 I G 2000-20 32 EMP CARE FLITE 12.00 11.1 20q 2_(U31 Unemployment Comp Payable 5.01 1.11.-2000 201`i1 ACCRUED WAGES PAYABLE 0.00 12:1 700Q 20189 ADDIT EMPLOYEE INSUR PAY 92.32 1_11 '2000-20199 MISC PAYROLL PAYABLE 0.00 1112000-2020.1 APPENDING 0.00 111-2000-2C210 ACCOUNTS PAYABLE 0.00 1t1 200-0 20>3t) PROPERTY TAXES PAYABLE 0.00 11_1-2000 205-40 NOTES PAYABLE 2,168,500.00 111 2000-208 0 DUE TO GENERAL FUND 0.00 1/ti/2024 12. 5:5'7 PM Page 1 of 3 Balance Sheet 0111212024 Item B. As Account Name Balance 11 2000-2 2270 DEFERRED INFLOW 0.00 11A1 2000 22275 DEF INFLOW - LEASE PRINCIPAL 0.00 1mm11-2000-22915 RENTAL DEPOSITS 4,141.40 ---__----------------------------, —..., Total Liability: 2,184,276.16 Equity 111-3000-34110 FUND BALANCE - RESERVED 0.00 1.11 3000-34590 FUND BALANCE-UNRESERV/UNDESIG 29,403,081.04 Total Beginning Equity: 29,403,081.04 Total Revenue 287,105.02 Total Expense 660,505.30 Revenues Over/Under Expenses -373,400.28 Total Equity and Current Surplus (Deficit): 29,029,680.76 Total Liabilities, Equity and Current Surplus (Deficit): 31,213,956.92 1/b/2024 12:2b. 57 PM P'aLle 2 of :3 F14] Balance Sheet 1 0111212024 Item B. As Ut IZ/31/ZUZ3 Account Name Balance Fund: 922 - GEN LONG TERM DEBT (WEDC) Assets 922 1000-18110 LOAN - WEDC 0.00 922-1000-18120 LOAN - BIRMINGHAM 0.00 922-1000-1821.0 AMOUNT TO BE PROVIDED 0.00 922 -1000-19050 DEF OUTFLOW TMRS CONTRIBUTIONS 42,227.29 922-1,000-19051 DEF OUTFLOW SDBF CONTRIBUTIONS 3,028.00 922-1000-19075 DEF OUTFLOW - INVESTMENT EXP -75,907.52 922 1000-19125 (GAIN)/LOSS ON ASSUMPTION CHGS -83,874.41 922-1000-19126 DEF INFLOW SDBF CONTRIBUTIONS -843.00 Total Assets: -16,968.86 -16,968.86 Liability 922-2000 20311 COMP ABSENCES PAYABLE -CURRENT 32,300.82 922-2000-21410 ACCRUED INTEREST PAYABLE 28,814.49 ----------- 922-2000-28205 WEDC LOANS/CURRENT 452,372.90 922-2000-28230 INWOOD LOAN 0.00 922-2000-28232 ANB LOAN/EDGE 0.00 U2-2000-28233 ANB LOAN/PEDDICORD WHITE 0.00 922-2000-28235 ANB LOAN 0.00 922-2000-28236 ANB CONSTRUCTION LOAN 0.00 922-2000-28237 ANB LOAN/ WOODBRIDGE PARKWAY 0.00 922-2000-28239 ANB LOAN/JON ES: HOBART PAYOFF 0,00 922-2000-28240 HUGHES LOAN 0,00 922-2000-28242 ANB LOAN/HWY 78:5TH ST REDEV 0.00 922-2000-28246 GOVCAP LOAN/KIRBY 7,246,324.61 922-2000-28247 JARRARD LOAN 79,695.52 %22-2000-28248 GOVCAP LOAN/SERIES 2022 7,556,077.29 .922-2000-28260 PRIME KUTS LOAN 0.00 922-2000-28270 BOWLAND/ANDERSON LOAN 0.00 922 -2000-28280 CAPITAL ONE CAZAD LOAN 0.00 W2-2000-29150 NET PENSION LIABILITY 124,687.17 922-2000-29151 SDBF LIABILITY 11,882.00 Total Liability: 15,547,657.69 Equity 922-300034590 FUND BALANCE-UNRESERV/UNDESIG -15,592,085.34 922-3000-3590 UNRESTRICTED NET POSITION -120,264.00 Total Beginning Equity: -15,712,349.34 Total Revenue 0.00 Total Expense -147,722.79 Revenues Over/Under Expenses 147,722.79 Total Equity and Current Surplus (Deficit): -15,564,626.55 Total Liabilities, Equity and Current Surplus (Deficit): -16,968.86 1/b/2024 12:2b. 5/ PM Page :3 of 3 F 1-5 1 0111212024 Item B. Wylie Economic Development Corporation SALES TAX REPORT December 31, 2023 BUDGETED YEAR DIFF % DIFF MONTH FY 2021 FY 2022 FY 2023 FY 2024 23 vs. 24 23 vs. 24 DECEMBER $ 235,381.33 $ 263,577.66 $ 338,726.54 $ 374,686.38 $ 35,959.83 10.62% JANUARY $ 262,263.52 $ 326,207.92 $ 368,377.73 $ - FEBRUARY $ 456,571.35 $ 417,896.79 $ 480,381.11 $ MARCH $ 257,187.91 $ 305,605.50 $ 313,686.17 $ APRIL $ 221,881.55 $ 265,773.80 $ 310,050.94 $ MAY $ 400,371.70 $ 401,180.20 $ 434,878.33 $ JUNE $ 290,586.92 $ 343,371.26 $ 330,236.89 $ JULY $ 314,559.10 $ 331,432.86 $ 379,162.00 $ AUGUST $ 390,790.76 $ 429,696.16 $ 448,253.70 $ SEPTEMBER $ 307,681.15 $ 337,512.61 $ 371,880.65 $ OCTOBER $ 326,382.38 $ 346,236.36 $ 377,466.67 $ NOVEMBER $ 411,813.32 $ 392,790.84 $ 458,694.91 $ - Sub -Total $ 3,875,470.98 $ 4,161,281.96 $ 4,611,795.64 $ 374,686.38 $ 35,959.83 10.62% Total $ 3,875,470.98 $ 4,161,281.96 $ 4,611,795.64 $ 374,686.38 $ 35,959.83 10.62% WEDC Sales Tax Analysis $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 2023 $200,000 02024 $150,000 $ 3 00,00a $50,000 $o 0 *** Sales Tax collections typically take 2 months to be reflected as Revenue. SIsTx receipts are then accrued back 2 months. Example: December SIsTx Revenue is actually October SIsTx and is therefore the 1st allocation in FY24. 16 0111212024 Item B. Wylie Economic Development Corporation PERFORMANCE AGREEMENT REPORT December 31, 2023 TOTAL REMAINING PREVIOUS FY TOTAL INCENTIVE AFTER PAYMENTS INCENTIVE PERFORMANCE AGREEMENTS FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 CURRENT FY LLIV-ROS $ 10,000.00 $ - $ - $ $ - $ $ - $ 10,000.00 $ 1Q000.00 A AMERICAN ENTITLEMENTS II $ 35,000.00 .$ 25,000.00 $ 10,000.00 $ $ $ $ tt).000,0o $ - $ 35,000.00 NORTH DALLAS WYLIE LAND $ 120,000.00 .$ 20,000.0o $ - $ $ $ $ - $ 100,000.00 $ 120,000.00 AXL $ 65, 000.00 .$ 0, 250� 00 $ 9, 250.00 $ $ $ $ 9, 2b , OO $ 46, 500.00 $ 65, 000.00 GLEN ECHO BREWING $ 100,000.00 .$ 50,000.00 $ 30,000.00 $ 20,000.00 $ $ $ 50.000, 0 $ - $ 10Q000.00 B MLKJ $ 80,000.00 .$ $ 40,000.00 $ 40,000.00 $ $ $ Ba oula 0o $ $ 80,000.00 C CLF II LI WYLIE (LOVETT) $ 1,300,000.00 .$ 650.000,00 $ 650,000.00 $ - $ $ $ 650,000,00 $ $ 1, 300, 000. 00 DEANAN/DANK $ 30,000.00 $ 15,000.00 $ - $ $ $ $ - $ 15,000.00 $ 30,000.00 FIREWATER $ 300,000.00 $ 100,000.00 $ $ $ $ $ $ 200,000.00 $ 300,000.00 PHOENIX ASCENDING $ - $ - $ $ $ $ $ $ - $ - D SANDEN INTERNATIONAL $ 500,000.00 $ 300.000.00 $ 200,000.00 $ $ $ $ 200€ 000,00 $ - $ 500,000.00 $ 2,540,000.00 $ 1,169,250.00 $ 939,250.00 $ 60,000.00 $ - $ - $ 999,250.00 $ 371,500.00 $ 2,540,000.00 Det rredOue Flo $ 2,168,500.00 A. Performance Agreeement ($10,000) and Forgiveable Land Grant ($60,000 forgiven over 3 years). $20,000/year in 2022, 2023, & 2024. B. Performance Agreeement ($100,000) and Forgiveable Land Grant ($100,000 forgiven over 3 years). $25,000 CO & $25,000/year in 2024, 2025, & 2026. C. Performance Agreeement ($80,000) and Forgiveable Land Grant ($200,000 forgiven over 3 years). $50,000 CO & $50,000/year in 2025, 2026, & 2027. D. Forgiveable Land Grant ($450,000 forgiven over 4 years). $112,500 CO & $112,500/year in 2026, 2027, & 2028, 17 0111212024 Item 1. WYLIEEDC Meeting Date: January 12, 2024 Prepared By: Jason Greiner Wylie Economic Development Item Number: Consider and act upon construction services at Hwy 78 & Brown. (Staff Use Only) Recommendation 0 Motion to award the contract to in the amount of $ and further authorize the Executive Director to execute any and all necessary documents. As the Board will recall, the WEDC has been working toward the redevelopment of Hwy 78 & Brown since 2018. Staff will provide additional information regarding bids received for the necessary concrete work associated with TxDOT improvements for this project. Page 1 of 0111212024 Item 2. WYLIEEDC Wylie Economic Development Board AGENDA REPORT Meeting Date: January 12, 2024 Item Number: 2 Prepared By: Jason Greiner (Staff Use Only) Consider and act upon construction services at FM 544 Gateway Addition. Recommendation 0 Motion to award the contract to in the amount of $ and further authorize the Executive Director to execute any and all necessary documents. As the Board is aware, the WEDC has been working toward the redevelopment of the FM 544 Gateway since 2013. Staff will provide additional information regarding bids received for the infrastructure work at FM 544 Gateway Addition. Page 1 of 0111212024 Item 3. WYLIEEDC Meeting Date: January 12, 2024 Wylie Economic Development Item Number: Prepared By: Jason Greiner (Staff Use Only) Consider and act upon a First Amendment to the Purchase and Sale Agreement between WEDC and SCSD-Finnell, LTD. Recommendation I Motion to approve a First Amendment to the Purchase and Sale Agreement between the SCSD-Finnell, LTD and further authorize the Board President or his/her designee to execute said agreement. As the Board will recall, the WEDC approved a Purchase and Sale Agreement with SCSD-Finnell, LTD for the sale of Lot 2, Block A, 544 Gateway Addition on April 19, 2023. The contract was later executed on July 7, 2023 in the amount of $1,227,390.12. As provided in the contract, SCSD exercised the option to extend the Inspection Period two times by 30 days each time and paid the Extension Fee of $5,000 for each extension. This First Amendment provides a 120-day extension to the Inspection Period of the Purchase & Sale Agreement to allow the buyer adequate time to get final detention costs and necessary approvals from the City of Wylie. It will also allow the WEDC adequate time to meet the Completion Requirements in the closing conditions, which include the installation of the public infrastructure, decel lane, and fire lane for the 12-acre development. L Inspection Period. The period he in ng on the Efrbcbve Date and ending on the elate which is one hundred twenty ty (1.20) days alter Lbe Effective late. 'I'lurdhaser may extend the InspectionPeriod up to two (2) tunes by ` " t (0) days each by dehvenhg written notice therein" to Seller prior to expiration of the Inspection Period (as extended) and delivering the Extension Fee to the'ritle Company prior to expiration of the Inspection Period (as extended). Analysis: • Lot 2, Block A, 544 Gateway Addition • Effective Date of Contract: July 7, 2023 • Inspection Period Expiration (120 days after Effective Date): Nov 6, 2023 (due to weekend) • Inspection Period Expiration After Extension 1: December 6, 2023 • Inspection Period Expiration After Extension 2: January 5, 2024 • Closing Date: February 4, 2024 Page I of n 0111212024 Item 3. As presented: • Amended Inspection Period Expiration with a 120-day extension: May 6, 2024 (due to weekend) • Amended Closing Date on or before: June 5, 2024 0111212024 Item 3. Isom = III 7.y1W.11101 1110117051 p1►Y = 0410 all Z411 K%1j W110111=17,13 0DEVX1 17 9114051lieu Y ("Amendment") is effective on January 12, 2024, between Wylie Economic Development Corporation ("Seller") and SCSD-Finnell, Ltd., a Texas limited partnership ("Purchaser"). WHEREAS, the parties hereto entered into that certain Purchase and Sale Agreement dated July 7, 2023 (the "Contract"), whereby Seller agreed to sell to Purchaser and Purchaser agreed to purchase from Seller Lot 2, Block A, 544 Gateway Addition, an addition to the City of Wylie, Collin County, Texas (the "Land"), together with all benefits, privileges, easements, tenements, hereditaments, rights and appurtenances thereon or pertaining to such Land (collectively the "Property" ), as further described in the Contract; and WHEREAS, Seller and Purchaser desire to amend the Contract in certain respects as set forth below. NOW THEREFORE, in consideration of the Property, and other good and valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge and the Parties agree herein to amend the Contract as follows: 1. Capitalized Terms. Unless otherwise defined herein, capitalized terms shall have the meaning as set forth in the Contract. 2. Inspection Period Extension. Section 1. I.J. of the Contract is hereby deleted in its entirety and replaced with the following: "J. Inspection Period. The period beginning on the Effective Date and ending on May 6, 2024. Purchaser shall not have the right to further extend the Inspection Period without the prior written consent of Seller." 3. Continued Validity. Except as amended herein, each and every term of the Contract shall remain in full force and effect as originally written and executed. 4. Counterparts/Delivery. This instrument may be executed in any number of counterparts and by the different parties on separate counterparts, and each such counterpart shall be deemed to be an original but all such counterparts shall together constitute one and the same agreement. The parties hereto may execute and deliver this instrument by forwarding facsimile, telefax, electronic pdf or other means of copies of this instrument showing execution by the parties sending the same. The parties agree and intend that such signature shall have the same effect as an original signature, that the parties shall be bound by such means of execution and delivery, and that the parties hereby waive any defense to validity based on any such copies or signatures. 5. Captions. Headings of paragraphs are for convenience of reference only and shall. not be construed as part of this Amendment. [SIGNATURE PAGE FOLLOWS] First Amendment to Purchase and Sale Agreement - Page 1 4295083 22] 1 0111212024 Item 3. IN WITNESS WHEREOF, the parties have caused this Amendment to be executed as of the date set forth above. 6101flool WYLIE ECONOMIC DEVELOPMENT CORPORATION ME Melisa Whitehead, President PURCHASER: SCSD-FINNELL, LTD., a Texas limited partnership By: SCSD-Finnell Mgmt., LLC, a Texas limited liability company, its general partner I'M Cary Albert, President First Amendment to Purchase and Sale Agreement - Page 2 4295083 F23] 0111212024 Item 4. WYLIEEDC Wylie Economic Development Board AGENDA REPORT Meeting Date: January 12, 2024 Item Number: 4 Prepared By: Jason Greiner (Staff Use Only) Consider and act upon a Third Amendment to the Purchase and Sale Agreement between the WEDC and McClure Partners Construction Company. Recommendation I Motion to approve a Third Amendment to the Purchase and Sale Agreement between the WEDC and McClure Partners Construction Company and further authorize the Board President or his/her designee to execute said agreement. As the Board will recall, the WEDC has been working toward the redevelopment of the Highway 78 and Brown Street properties since early 2018. The Purchase and Sale Agreement between McClure Partners Construction Company and the WEDC was approved by the Board on August 19, 2020. A First Amendment to the Purchase and Sale Agreement was approved on March 16, 2022 to address issues with the completion of the water line relocation, which was required to be completed prior to closing. A Second Amendment to the Purchase and Sale Agreement was approved on July 19, 2023, extending the water line relocation deadline to address issues with abandonment of the water line easement. This Third Amendment provides an additional 90-day extension to the Inspection Period to allow the WEDC adequate time to finalize the engineering plans, install the TxDOT improvements and get started on the installation of the public infrastructure (water, sewer, drainage), and fire lanes for Cooper Plaza. At this time, the Inspection Period is set to expire on January 27, 2024. This proposed Third Amendment extends the Inspection Period deadline by 90 days, from January 27, 2024 to April 26, 2024. Anal • Corner Lot: 1.74 acres or 75,804 square feet • Sales Price: $20/SF or approximately $1,516,080 • Water Line Relocation Deadline: September 30, 2023 • Inspection Period: 120 Days • Closing Date: 60 Days First Amendment Deadlines: • Water Line Relocation Deadline: March 31, 2023 • Due Diligence/Survey Delivery: 4-15-23 • Inspection Period: 7-29-23 • Closing Deadline: 9-27-23 Page 1 of n 0111212024 Item 4. Second Amendment Deadlines: • Water Line Relocation Deadline: September 30, 2023 • Due Diligence/Survey Delivery: 10-15-23 (15 days after water line relocation date) • Inspection Period: 1-28-24 (120 days after water line relocation date) • Closing Deadline: 3-28-24 (60 days after inspection period) Third Amendment Deadlines: • Water Line Relocation Date: September 29, 2023 • Due Diligence/Survey Delivery: 10-14-23 (15 days after water line relocation date) • Inspection Period: 4-26-24 (120 days after water line relocation date of Sept 29, 2023 + 90-day extension) • Closing Deadline: 6-25-24 (60 days after inspection period) Page 2 of z� 0111212024 Item 4. THIRDTHIS AMENDMENT TO PURCHASE AND SALE AGREEMENT ECONOMIC DEVELOPMENT CORPORATION, a Texas non-profit corporation ("Seller") and MCCLURE PARTNERS CONSTRUCTIONCOMPANY, WHEREAS, the parties hereto entered into that certain Purchase and Sale Agreement, dated to be effective August 19, 2020, as amended by that certain First Amendment to Purchase and Sale Agreement dated to be effective March 16, 2022 and Second Amendment to Purchase and Sale Agreement dated to be effective July 19, 2023 (as amended, the "Contract"), which extended the Water Line Relocation Deadline to September 30, 2023, with the Water Line Relocation Date being September 29, 2023, whereby Seller agreed to sell to Purchaser and Purchaser agreed to purchase from Seller, approximately 1. 74 acres (75,804 square feet), being Lot 5 at Hwy 78 and Brown, City of Wylie, Collin County, Texas (the "Land"), together with any and all improvements located thereon, together with all benefits, privileges, tenements, hereditaments, rights and appurtenances thereon or pertaining to such Land (collectively the "Property"), as further described in the Contract; and NOWTHEREFORE, in consideration of the Property, and other good and valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge, and the Parties agree herein to amend the Contract as follows: 1. Capitalized Terms. Unless otherwise defined herein, capitalized terms shall have the meaning as set forth in the Contract. 2. InsUection Period Extension. Seller and Purchaser hereby agree to amend Section 1.1 (K). of the Contract to extend the expiration of the Inspection Period by (90) days, such that the Inspection Period shall expire April 26, 2024. 3. Continued Validity. Except as amended herein, each and every term of the contract shall remain in full force and effect as originally written and executed. 4. Counter arts/Delivery, This instrument may be executed in any number of counterparts and by the different parties on separate counterparts, and each such counterpart shall be deemed to be an original but all such counterparts shall together constitute one and the same agreement. The parties hereto may execute and deliver this instrument by forwarding facsimile, telefax, electronic pdf or other means of copies of this instrument showing execution by the parties sending the same. The parties agree and intend that such signature shall have the same effect as an original signature, that the parties shall be bound by such means of execution and delivery, and that the parties hereby waive any defense to validity based on any such copies or signatures. 5. Captions. Headings of paragraphs are for convenience of reference only and shall not be construed as part of this Amendment. Third Amendment to Purchase and Sale Agreement - Page I F26] 0111212024 Item 4. partiesIN WITNESS WHEREOF, the ai this Amendment • 2.s of date set fortha•i Wylie Economic Development Corporation, Texas non-profit corporation McClure Partners Construction Company, a Texas corporation By: Name: Title: Third Amendment to Purchase and Sale Agreement - Page 2 27] 0111212024 It DS1. WYLIEEDC Wylie Economic Development Board AGENDA REPORT Meeting Date: January 12, 2024 Item Number: DS1 Prepared By: Jason Greiner Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. No action is requested by staff on this item. WEDC Property Update: Property Management • Staff has continued efforts to finalize utility disconnections in preparation for demolition at 104 S Ballard, 701 S Ballard, and 71.1 Cooper. Staff will coordinate photography at 1.04 S Ballard prior to demolition and has a meeting scheduled with the artist that completed the mural onsite. Staff is coordinating with WFR and WPD to allow training opportunities prior to demolition. • HRC approved demolition of 300 N 2"d and the item will go to City Council for final approval this month. • Staff received a request to extend the vacate date for the tenant at 100 W Oak from January 31, 2024 to March 1, 2024. • Property Management is still working with the previous tenant at 104 S Ballard for final walk thm of property. • Staff is in discussion with previous tenant at 106 N Birmingham, 605 Commerce Suite 200 and 908 Kirby regarding payment of past due rent. Listing Agreement Segovia Partners (SP) • SP has continued to market developable properties and has engaged with potential users/developers. • Staff will provide project updates as needed in Executive Session. Downtown Parking: • Concept plans and OPCCs for Phase 1 and Buildout of the parking lots have been submitted. • Preliminary Cost estimates are being prepared. • Staff met onsite with the UP representative. Downtown & SBO Property Concepts: • KH to prepare concept layout for 503-701 S Ballard. Waiting on existing plat/survey data. Page 1 of _28 0111212024 It DS1. Engineering Report: Design & Engineering - 544 Gateway Addition — Kimley Horn (KH) • The construction plan and TIA resubmittal to TxDOT was made in October and we are awaiting review comments. Two variances will be requested. The City has followed up with the TxDOT reviewer on status as of 1/3/24. • Bid set was issued to contractors 12/20/23. Bids are scheduled to be received 1/8/24 and a bid tabulation and recommendation will be provided for January Board meeting. • Ongoing coordination with Oncor and Atmos. Easements and pole locations have been staked to determine new location for utility pole along FM 544. • Ongoing coordination with Lot 1, Lot 2 and Lot 6 developers • After we receive all approvals, we will setup a pre -con meeting with the City. • A replat will need to be prepared to show final easements after all approvals are received. • Completion Date: Early-2024 Design & Engineering — City of Wylie's 19 Acres - FM 544 Corridor (KH) • Survey has been completed and KH is working on an exhibit for the RR. • Next meeting scheduled for 12/20 Environmental- State Hwy 78 & Brown — Elm Creek (EC) & Whitehead Environmental Services (WES) • Staff met with EC and WES to discuss updates with TCEQ. • EC now anticipates having the APAR wrapped up by the first week of February. They anticipate that the Certificate of Closure/Completion will be issued at the end of March/early April. Design & Engineering - Cooper Plaza - State Hwy 78 & Brown • The Preliminary and Final Plat as well as the Civil Plans have been approved by the City. Staff will coordinate for filing of the Final Plat with the County. • The next step is construction bids and award of contract. • Completion Date: Early-2024 Flood Study & Drainage Study- Hooper/Steel/Regency Business Park (KH) • Drainage analysis and modeling is underway and preliminary results are expected to be available in January. Water & Sewer Extension - State Hwy 78/Alanis (KH) • Approval from NTMWD received. Contractor will need to coordinate with NTMWD on shutdown for tie- in. • The proposed drainage and sanitary sewer easements have been signed and will be filed. • KH prepared two concept exhibits for the Nelson's property at the hard corner of 78 and Alanis. Eubanks Easement/ROW Coordination Tree removal on Eubanks has been completed. Easement exhibits have been submitted by KH and staff is coordinating with property owners to get them signed. FM 544/Younger Partners Commercial Property Survey • Survey field work is completed. This survey includes the data that will be required for the flood study of the City's 19-acre tract. • KH is preparing an IPO to prepare a concept showing a roadway alignment from 544 (aligned with Medical Plaza Drive) that extends through municipal complex park to connect at Brown Street (intersect with Sanden Blvd) (1P0 #12) 7E 0111212024 It DS1. State Hwy 78 TxDOT Improvements • KH preparing EJCDC contracts for the project (expected completion end of week). Will insert the schedule of values from contractor when received. Jackson Avenue Development • KH preparing an IPO for a master plan, preliminary and final engineering, and an OPCC for the development of the block at Jackson/Oak/Marble. Architect/planner will be engaged to help plan the buildings (anticipated to be shell buildings/condominiums for lease. The development will meet the requirements of the Downtown overlay district. • Will require close coordination with City and design team for the Downtown infrastructure/wayfinding project to coordinate parking, drainage and "theme" of the development. BRE Updates: • Staff conducted 2 BRE visits in December. • Supported CTE Advisory Committee luncheon with Wylie ISD and local employers. • Met with Collin College and local small business to discuss and develop Skills Development Fund grant application for workforce training program for current employees. • Participated in BRE Alliance Work Session to develop workforce programs as a regional effort in support of local employers' hiring needs. • Arranged tours for Leadership Wylie at Deanan Gourmet Popcorn, Glen Echo Brewing, and Lovett Industrial's Wylie project. Additional WEDC Activities/Programs in Review: • Staff attended P&Z, City Council, and HRC meetings in December. • Staff worked with legal regarding ongoing real estate projects and performance agreements. • Staff coordinated the completion of the sale of the Squire property with MLKJ. • Sales tax revenues for the month of January are not yet available. Staff will provide when available. • Blake Brininstool, Whitney McDougall, and Aaron Jameson completed TEDC Sales Tax Training. • Staff and Board Members attended the Chamber of Commerce Gala. • Jason Greiner attended the TEDC Board Retreat. • Staff worked on ongoing updates and refreshes to website content and available properties for better online visibility. This included work toward development of video content, updates to data and featured stories. • Staff worked on ongoing development of social media initiatives and future content creation/scheduling. • Staff worked on the development of written content including press releases. Upcoming Events: • ICSC Red River — January 3 1 - February 2 • Project U- Burleson — February 20 • TEDC Winter Conference- San Antonio — February 21-23 Please see the attached Marketing Calendar for the full list of upcoming events. 30 0111212024 Item DS1. 0111212024 Item DS1. �i'�fi ,fir �n+f; �/ a�.� > Continue to grow and strengthen a social media presence on Instagram and Facebook. > Increase engagement and shares on all platforms > Continue to grow TjkTok > Utilize blog to share information and drive traffic to DiscoverWylie.com > Test and implement Infuencer Marketing strategy 0111212024 Item DS1. EVADA 4% 0111212024 Item DS1. 0111212024 Item DS1. 0111212024 Item DSI. TOTAL FOLLOWERS 51 NEW FOLLOWERS PREVIOUS QUARTER ovewlew 1-110, Q� 75,062 79,3;6 Reath 4 284 364 189 13 63 19 0111212024 Item DS1. a 0111212024 It DS1. WYLIEEDC TOTAL VISITS (OLD DATA) 111 l Previous period Previ or, s yc.ai PAGES PER VISIT (OLD DATA) t ----- -------------- I>reviousperiod hrcviousyoar REPORT FOR OCT 1, 2023 - DEC 31, 2023 MONTHLY UNIQUE VISITORS (OLD DATA) 111 r Previous period is"vio—year -100% VIEWS PER SESSION /1 Previous period Previous year M VISITS TRENDS BY MEDIUM (OLD DATA) v ran(c ' Cnon e) r era rral ,4w"..q enail { 9/2 er) (f ?oo 2 G (i c Jan Feb Mar Apr M,V .iun WI Au Sep 0,,r Nov Dec TOP VIEWS BY PAGE PATH Page path without query string { 703 126 /say -it -with -sugar 423 488 /site-selection/recent-developments 404' "€8 /about-us/meet-the-staff 277 -43 /properties/kcs-intermoda1 252 t"188 /site-selection/demographics 134 a31 /about us/latest news/sanden-expansion 115 +111 /site-selection/retail-in-wylie 101 +13 /about-us/latest news/Ihwy 78 and brown street 93 13 redevelopment VIEWS F `v Previous period Previ ous year 3% 188 TOP SESSIONS AND VIEWS BY SESSION SOURCE Session Source Sessions v Views google 1,263 -28 2 290 + 10 (direct) 604 37 845 +17 m facebook.com 299" +31 332 r 45 Im.facebook.com 33 +E8 100 +79 Bing 44" -10 115 -13 Lfacebookeom 38 -5 53 •12 yahoo 20 -4 35 -13 linkedin.com 18 r is 19 t1p wylietexasgov 10 -6 19 -38 discoverwylie.com 10 22 24 43 TOP SESSIONS BY CITY City Sessions v Wylie 559 85 - Dallas 419 13 (not set) 264 1188 Garland 69 437 Piano 55 114 Columbus 53 4 Richardson 27 1.1 Austin 26 t McKinney 24 17 Chicago 24 +7 1of6 F39] 1 0111212024 Item DS1. FANS COUNT IM Previous period Previous year 2% 10% PAGE ENGAGEMENT RATE ROSE n-vious period 1-vi—syea, -3% 124,r,,, TOP SESSIONS BY DEVICE CATEGORY Device category Sessions desktop 1,240 -11 mobile 1,184 +54 tablet 36 1-16 FAN ADDS Previnusperiod Priousyei, 61% -25% TOP POSTS BY IMPRESSIONS PAGE IMPRESSIONS (ORGANIC) Previous period Prcvious yeir 2 2,x, 50% PAGE IMPRESSIONS (PAID & ORGA . - - 111W N I M I I . Previous period Previous year 2 0% -92% Post * Yesterday, Sadden International (USA), Inc. announced the grand opening of their new Electric Ve 549 * We hope everyone had a great time yesterday for #MfgDay Here are some photos from the kicko 365 * Photos from Wylie Economic Development Corporation's post (id: 15394045464275382294063 352 011 The manufacturing industry has endless opportunities for the next generation of creators, as weL. 211 Its MFG Day in Wylie! The Wylie -local manufacturer tours start later today. We heard they were fu... 187 0 In celebration of Manufacturing Month, get a little insight on one of Wylie's manufacturers who 179 0 00 Honoring Our Heroes on Veterans Day! E10 We're thankful of all the brave men and women wh 159 0 Merry Christmas, Wylie! We hope everyone gets to spend time with loved ones during the holiday. 152 * Wylie Economic Development Corporation's cover photo 0d: 1539404546427533055445023641 149 * It's officially #MFGDAY! Each year, Manufacturing Day (MFG Day) is held on the first Friday in Octo,.. 146 2 of 6 F40] 0111212024 Item DS1. TOP POSTS BY ENGAGEMENT RATE (WITH IMAGE) Post With Image Engagement Rate - Total Reactions Post Comments Post Shares Yesterday, Sanden International (USA), Inc. announced the grand opening of their new 12.69% 21 0 0 Electric Vehicle Air Conditioning Compressor line in North Texas, With more than $40 Million We hope everyone had a great time yesterday for #MfgDay Here are some photos from the kickoff 11.55% 9 0 0 event at the F Ovid Birmingham Agriculture Center (Wylie ISD)f Advanced welding and Photos from Wylie Economic Development Corporation's post (id: 7;01% 6 0 0 153940454642753.822940639841981) The manufacturing industry has endless opportunities for the next generation of creators, 6.06% 8 3 0 as well as -694,000 job openings! Want to inspire your kids/students with careers that combine Merry Christmas, Wylie! We hope everyone gets to spend time with loved ones during the holiday. Be safe out therel000 (id: 153940454642753850524357083609) 5.33% 5 0 0 It's MFG Day in Wylie! The Wylie -local ff manufacturer tours start later today. We heard 3.98% 4 0 0 I they were full, but you can check the link in case oc', ------- 3 someone had to cancel - https://bit,ly/466JeVM Its officially #MFGDAY! Each year, Manufacturing Day (MFG Day) is held on the first Friday in 3.68% 5 0 0 October in order to show students, parents, and She public what modern manufacturing is all It's officially Manufacturing Month! Did you know that manufacturers earn some of the highest 2.40% 2 0 0 salaries and benefits in the U.S.? From using cutting -edge technology to teamwork, FOLLOWERS 247 P " r, s P",.d Previous Y), 7% 43% FOLLOWERS BY AGE GENDER Age Gender Followers 0 35-44 F 46 0 45-54 F 44 0 35-44 M 33 0 25-34 F 18 na 45-54 M 17 411,1 55-64 F 14 0 45-54 U 14 0 35-44 U 10 0 25-34 M 8 0 25-34 U 8 FOLLOWERS ADDED 28 Previous perio(l P'ev")", year 12% -68% 41 3 of 6 F] 0111212024 Item DS1. PERFORMANCE BY POST Post Name We hope everyone had a great time yesterday for #MfgDay:Here are some photos from'the kickoff event at the F. Ovid Birmingham Agriculture Center (WylielSD)! ` Advanced welding and engineering rstudents from 0,o,WHSand 12 92 71 10.87% X WEHS got to see firsthand how manufacturing companies operate. Students toured Sanden, Avanti;'Barco Pump and Tower. ,Wylie Mayor Pro Tom Jeff It's MFG Day in Wylie! The Wylie -local manufacturer tours start later today. We heard they were full, but you can check the link in case someone had to cancel - 6 67 60 8.96 https://bit.ly/466JeVM The manufacturing industry has endless opportunities for the next( generation of creators as well as-694,000 job openings! Want to inspire your kids/students with careers that combine creativity and :purpose? :They can have! []!Room to '. 4' 37 34 10.81%' imagine n Grow personal skills 0 Engineer the future All these things exist in a' manufacturing career! Learn more at https//bit.ly/2ZehvDf #MFGDay23 In celebration of Manufacturing Month, get a little insight on one of Wylie's manufacturers who makes JET PARTS for the F-16, F-22, F-35 and C-130! Savage 3 43 42 6.98 Precision does exaclty that - https://bit.ly/3rXNPgO #MFGDAY Total 30 427 382 6.56% FOLLOWERS Oops, the data in this widget can't be reached at the moment! '.. TOP RETWEETED POSTS In FOLLOWER ENGAGEMENT RATE In Gaps, the data in this widget can't be reached at the moment! COMMENTS TOP MENTIONS BY FOLLOWERS COUNT In Oops, the data in this widget can't be reached at the moment' MENTIONS A Cops, the data in this widget can't be reached at the moment! Since Elon is changing Twitter Analytics, APIs still don't have access. So here's what I could pull from the app itself: 2023 4th Quarter: o Followers: 210 o Impressions: 349 o Engagement: 1.8% o Likes: 26 o Retweets: 0 RETWEETS Cops, the data in this widget cant be reached at the moment! 42 4of6 F] 0111212024 It DS1. AMOUNT SPENT $374,99 r Previous ponod Ptoviousyear 64,,,, -62% IMPRESSIONS Em r' r Previous per nd Irreviou%yew -52% -56 COMMENTS AMOUNT SPENT rnt_ f r rr Previous period Previous year TOP CAMPAIGN BY CLICKS (ALL) Campaign Name Clicks (APE) v Event: Elfin Gala 2023: A Winter Wonderland 1,145 Event: Fall Cornhole Tournament = 28 Event: Monthly Chamber Luncheon, State of Education, sponsored by Brightway Insurance 182 Event:5:01 PM.I Professional Mixer at Football Field Sports Bar & Grill 85 REACH Previous period=reviousyear 44% -27% TOP CAMPAIGN BY CLICKS (ALL) There is no data for this period CTR (ALL) l ll(jt Pre✓ou�sper cad Previous yea, 16% 20.6 5of6 F43] 0111212024 Item DSI. IMPRESSIONS 0 REACH "Ah CI Pr —i ou s p- I od P-,OUS year -100% IMPRESSIONS AL Oops, the data in this widget can't be reached at Lhe moment! TOP POSTS BY ENGAGEMENT RATE (WITH IMAGE) CLICKS (ALL) IN, Pr—iou s penod p-, ou , Y-1 ENGAGEMENT RATE A Oops, the data in this widget can't be reached at the moment! A Oops, the data in this widget can't be reached at the moment! POWERED BY V dashthis CTR (ALL) 0.00% Previous per lod P-viousy—r LIKES A Oops, the data in this widget can't be reached at the moment! 44 6 of 6 F] 0111212024 Item DS1. 0111212024 Item DS1. Sometimes time is net on our side to get that workout in, HOVAORX is anew concept that just opened a new location in Wylie. It is an infared fitness studio.. Hot Worx allows you to get a workout in and burn those calories in a fraction of the time. They have a free weight and machine weight area and then the different infared sauna studios. Very cool and worth checking them out! Welcome to Wylie! r�3 Bc*St MiS past lc fi@(;h il, W 860 ncre pvuple fwu spcind $42 Dine Shop Play Texas Noveinber 13, 2023, 0 Sugat -UVV ffliz�l �iultc always fresh and ready to eat, they have cupcakes, macamons, and LOOK at those custom cakes.. They have featured on TV cooking shows multiple times and we can tell why. Pop in and say hi and grab some treats, you won't be disappointed! Dine Shop Play Texas ... OM"i0k,", '19, 11,0Q, J 0 Calling all parents of litflesl Have been over to check out JurtJAZ BOUlIqUe in Historic Downtown Wylie? Take a peek inside and decide for yourself. Wall to wall options.. From bows and dresses to seasonal holiday fits.. This awesome beat boutique offers some things you may not be able to find. anywhere else. Go show them some love and get those kiddos looking right for this cooler weather and holiday season! h Age and Gender 0 Men :, N Women ti 0111212024 It DS1. 0" 20 1 oq 0 __ 1 -24 25S 34 35-4.4 45-54 5-64 65 AVERAGE PEOPLE REACHED • • MONTH B7K BUSINESS PAGES 0111212024 Item DS1. U3111:11111 . Shop Play Texas he� 11 2023 0 ie out! If you have not been to Creekside Fine Grill the nem Eo roll into town in Wylie Texas, YOU SHOULDt in for lunch and tried ALL OF THE THINGS.. rm, Chicken Salad and even some Fish! .. See more �is post toreach up to 860 rnore peciple if you spend S642, I � Shop Play Texas ,mbe� 13,2023 0 h Engaged! WOW! If you have never tried anything from Sa, r Shop in Wylie... You are missing out! The FAMOUS sugar c h and ready to eat, they have cupcakes, macaroons, and L( )m cakes.. They have featured on TV cooking shows multip tell why. Pop in and say hi and grab some treats, you won'i W! blaw.- I e Shop Play Texas �,, b e v 19, 2 3 �4 parents of littles! Have been over to check out Jun JAZ Bou )wntown Wylie? Take a peek inside and decide for yourself.' rom bows and dresses to seasonal holiday fits.. This awesor ,ffers some things you may not be able to find anywhere els( � love and get those kiddos looking right for this cooler weal 3son! ,r2,1,2023 Wylic, 0 It Shoemaker & Hardt Coffee and Country Store locate y5e HAS IT ALL! First off the coffee is TOP of the line! I 'PIING.. Trinkets to decor, mancave gifts, the vintage se of their newest editions is the ice cream and it's RELIC erns and we love small business, this one is fantastic! post to up to 860 rnoriocople if you,,,fpend $42, bc� 2', 2023 0 me is not on our side to get that workout in, HO TWOR) just opened a new location in Wylie. It is an infared fitn ms you to get a workout in and burn those calories in a y have a free weight and machine weight area and ther i studios. Very cool and worth checking them out! Welc pr , "M to reach up to MCI nore penple if you sufmc, SCI. 0111212024 Item DS1. "11"'I""'la, 1 116, 1""", 1""� SIX N=iINE1, lt rinch Campaign loch Larger Scale Over 2022 Increased Viewership Increased Engagement Increased Participation ,,,,nfo DW Report 2 Business Owner Group Classes Quarterly Special Event Trainings Small Business Week Event 0111212024 Item DSI. I 1102 Ems 0 Dine Shop Play Texas efforts for Wylie over the next year will focus on short form content highlighting local businesses and events. We want to work on story and reel format video as the reach appears to be better. We would also like to discuss dedicated ad spend for the content. We are exploring furthering the connection with Discover Wylie and assisting in content creation for that outlet. We would also like to explore the opportunity to use geo fenced ad campaigns to drive sales and attendance to local businesses and events. We plan to increase the frequency of the podcast and begin to feature more small businesses. This effort will be to tell their story and connect the community to the these businesses in a deeper way WYLIEECONOMIC DEVELOPMENT Day Time Meeting/Event 1 6:00 pm Chamber Winter Wonderland Elfin Gala — Boyd Farm, Lavon 4-15 TEDC Sales Tax Workshop — Virtual — ai, wm, bb 5 8:30 am WDMA Meeting 7-8 TEDC Board Retreat - i 12 6:00 pm City Council 12 11:00 am CTE Advisory Luncheon 20 7:30 am WEDC- Board Meeting 21 Leadership Wylie — City of Wylie/EDC Day 2 ._ CLOSED t ri a l l Day Time Meeting/Event CLOSED fear's D mi'id@ 9 8:30 am WDMA Meeting 9 Wylie Chamber Board Retreat 9 6:00 pm City Council 10 11:30 am City of Wylie's Annual Employee Banquet 12 7:30 am WEDC- Board Meeting and Board Retreat ism_ CL0 ED_ ...__artimt°wmLu or .Jr,-Holiday_r Kira 23 6:00 om Citv Council 31-Feb 2 ICSC Red River- Dallas — ie. rh Day Time Meeting/Event 6 8:30 am WDMA Meeting 13 6:00 pm City Council 21 7:30 am WEDC Board Meeting 20 Proiect U in Burleson 21-23 TEDC Winter Conference 2024 — San Antonio, TX — ig, rh 27 6:00 om Citv Council Around the Corner... • Wylie 1SD Education Foundation Boots 'n Barbecue — Plano Event Center — March 23 • TEDC Women in Economic Development Conference- Round Rock, TX - April 23-24 • TEDC Basic Course- Ft. Worth —June 11-14 • National Small Business Week —April 28 —May 4 0111212024 It DS1. *RSVP Required *RSVP Required Fil