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09-24-2024 (City Council) Agenda PacketCALL TO ORDER INVOCATION & PLEDGE OF ALLEGIANCE PRESENTATIONS & RECOGNITIONS PRl. Manufacturing Day. COMMENTS ON NON -AGENDA ITEMS Any member of the public may address Council 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. Council requests that comments be limited to three minutes for an individual, six minutes for a group. In addition, Council is not allowed to converse, deliberate or take action on any matter presented during citizen participation. CONSENT AGENDA All matters listed under the ConsentAgenda are considered to be routine by the City Council 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 September 10, 2024 Regular City Council Meeting minutes. B. Consider, and act upon, the approval of Agreement No. W2025-02 with Midwest Tape, LLC for use of their Hoopla digital media platform for the Library in an estimated annual amount of $50,000 through a cooperative purchasing contract with Texas SmartBuy. CC. Consider, and act upon, the approval of Agreement No. W2025-03 with OverDrive for use of their eBook and Downloadable Audio content for the Library, in an estimated amount of $50,000 through a cooperative purchasing contract with BuyBoard. D. Consider, and act upon, Ordinance No. 2024-29 for a change in zoning from Commercial Corridor (CC) to Commercial Corridor - Special Use Permit (CC -SUP) on 18.754 acres to allow for drone delivery service for Walmart. Property located at 2050 N. State Highway 78 (ZC 2024-05). E. Consider, and act upon, approval of the Non -Profit Park Event Application from the Watkins PTA for the Jingle Bell Jog 5K and Fun Run/Walk at Founders Park on December 7, 2024. F. Consider, and place on file, the monthly Revenue and Expenditure Report for the Wylie Economic Development Corporation as of August 31, 2024. Ge Consider, and act upon, approving the Debt Management Policy. FI. Consider, and act upon, approving the Financial Management Policies. FEI I. Consider, and act upon, Resolution No. 2024-25(R) approving the current Investment Policy as required by the Texas Government Code, Chapter 2256, Public Funds Investment Act, Subchapter A - Authorized Investments for Governmental Entities. T. Consider, and act upon, the City of Wylie Monthly Revenue and Expenditure Report for August 31, 2024. Imo. Consider, and place on file, the City of Wylie Monthly Investment Report for August 31, 2024. L. Consider, and act upon, Ordinance No. 2024-30 amending Ordinance No. 2023-39, which established the budget for fiscal year 2023-2024; providing for repealing, savings and severability clauses; and providing for an effective date of this ordinance. REGULAR AGENDA I . Consider, and act upon, Ordinance No. 2024-31 amending Wylie's Code of Ordinances, Ordinance No. 2021- 17, as amended, Chapter 42 (Environment), Article II (Noise), Section 42-22(5) (Prohibited Acts; Enumeration); to include federal holidays in which construction is generally prohibited; providing for repealing, savings and severability clauses; providing for an effective date of this ordinance; and providing for the publication of the caption hereof. 2. Consider, and act upon, Ordinance No. 2024-32 amending Wylie's Code of Ordinances, Ordinance No. 2021- 17, as amended, Chapter 66 (Library), Article I (In General), Section 66-3 (Refusing to Pay Overdue Fine; Misdemeanor), and Appendix A (Comprehensive Fee Schedule), Section VIII (Public Library), Subsection A (Library Fees) to amend overdue fine, repeal extended use fees, add hotspot replacement fees, and amend meeting room fees; providing a savings/repealing clause, severability clause, penalty clause and an effective date; and providing for the publication of the caption hereof 3. Consider, and act upon, Resolution No. 2024-26(R) casting a nomination for a candidate(s) for the Board of Directors of the Rockwall Central Appraisal District. 4e Consider, and act upon, Resolution No. 2024-27(R) casting a nomination for a candidate(s) for the Board of Directors of the Collin Central Appraisal. District. EXECUTIVE SESSION RECONVENE INTO OPEN SESSION Take any action as a result from Executive Session. READING OF ORDINANCES Title and caption approved by Council as required by Wylie City Charter, Article III, Section 13-D. CERTIFICATION I certify that this Notice of Meeting was posted on September 20, 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. a e 12 F01 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. If during the course of the meeting covered by this notice, the City Council should determine that a closed or executive meeting or session of the City Council 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 City Council at the date, hour and place given in this notice as the City Council 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. § 551.074 — Discussing personnel or to hear complaints against personnel. § 551.087 — Discussing certain economic development matters. § 551.073 — Discussing prospective gift or donation to the City. § 551.076 — Discussing deployment of security personnel or devices or security audit. a e 13 FEI 0912412024 it,, A. 1A1 N CITY OF WYLIE Department: Prepared By: City Secretary Stephanie Storm Account Code: Wylie City Council I and act upon, approval of September 10, 2024 Regular City Council Meeting minutes. to approve the Item as presented. minutes are attached for your consideration. F01 0912412024 it,, A. Wylie City Council Regular Meeting Minutes September 10, 2024 — 6:00 PM Council Chambers - 300 Country Club Road, Building #100, Wylie, Texas 75098 JAI, CITY OF WYLIE CALL TO ORDER Mayor Matthew Porter called the regular meeting to order at 6:01 p.m. The following City Council members were present: Junior Mayor Parker Day, Councilman David R. Duke, Councilman Dave Strang, Mayor pro tem Jeff Forrester, Councilman Sid Hoover, Councilman Scott Williams, and Councilman Gino Mulliqi. Staff present included: City Manager Brent Parker; Assistant City Manager Lety Yanez; Fire Chief Brandon Blythe; Marketing and Communications Director Craig Kelly; City Secretary Stephanie Storm; Public Works Director Tommy Weir; Police Chief Anthony Henderson; Parks and Recreation Director Carmen Powlen; Library Director Ofilia Barrera; Finance Director Melissa Brown; Human Resources Director Jennifer Beck; and various support staff. INVOCATION & PLEDGE OF ALLEGIANCE Mayor pro tem Forrester led the invocation and Councilman Duke led the Pledge of Allegiance. COMMENTS ON NON -AGENDA ITEMS Any member of the public may address Council 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. Council requests that comments be limited to three minutes for an individual, six minutes for a group. In addition, Council is not allowed to converse, deliberate or take action on any matter presented during citizen participation. No persons were present wishing to address the Council. CONSENT AGENDA All matters listed under the ConsentAgenda are considered to be routine by the City Council 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 ConsentAgenda and will be considered separately. A. Consider, and act upon, approval of August 27, 2024 Regular City Council Meeting minutes. B. Consider, and act upon, an Amended Plat of Lot 1, Block A of Hartman Elementary School, amending one lot on 7.963 acres. Property located at 51.0 S. Birmingham Street. C. Consider, and act upon, a request to renovate an existing residential structure, located at 301 N. Ballard within the Downtown Historic District. D. Consider, and act upon, Ordinance No. 2024-27 amending Wylie's Code of Ordinances, Ordinance No. 2021-17, as amended, Appendix A (Comprehensive Fee Schedule), Section III (Construction Permits and Fees), Subsection B (Miscellaneous Fees) to amend weeds, high grass, and trash abatement administrative fee per lot or tract of land. Flage 11 FEI 0912412024 it,, A. E. Consider, and act upon, Ordinance No. 2024-28 amending Ordinance No. 2023-39, which established the budget for fiscal year 2023-2024; providing for repealing, savings and severability clauses; and providing for an effective date of this ordinance. Council Action A motion was made by Mayor pro tem Forrester, seconded by Councilman Hoover, to approve the Consent Agenda as presented. A vote was taken and the motion passed 7-0. REGULAR AGENDA 1. Hold a Public Hearing, consider, and act upon, the writing of an ordinance for a change in zoning from Downtown Historic District (DTH) to Downtown Historic District - Special Use Permit (DTH-SUP) on 0.083 acres to allow for a Smoking Establishment. Property located at 100 N. Ballard Avenue (ZC 2024-06). Public Hearing Mayor Porter opened the public hearing on Item 1 at 6:29 p.m. asking anyone present wishing to address Council to come forward. No persons were present wishing to address the Council. Mayor Porter closed the public hearing at 6:29 p.m. Council Action A motion was made by Councilman Williams, seconded by Mayor pro tem Forrester, to approve Item I as presented. A vote was taken and the motion passed 7-0. 2. Hold a Public Hearing, consider, and act upon, the writing of an ordinance for a change in zoning from Commercial Corridor (CC) to Commercial Corridor - Special Use Permit (CC -SUP) on 18.754 acres to allow for drone delivery service for Walmart. Property located at 2050 N. State Highway 78 (ZC 2024-05). Public Hearing Mayor Porter opened the public hearing on Item 2 at 6:29 p.m. asking anyone present wishing to address Council to come forward. No persons were present wishing to address the Council. Mayor Porter closed the public hearing at 6:29 p.m. Council Action A motion was made by Councilman Williams, seconded by Mayor pro tem Forrester, to approve Item 2 as presented. A vote was taken and the motion passed 7-0. 3. Consider, and act upon, the payment request for the previously budgeted Stream and Wetland Mitigation Fees for McMillen Road from McCreary Road to Country Club Road, in the amount of $1,062,996 and authorizing the City Manager to execute any necessary documents. Council Action A motion was made by Councilman Williams, seconded by Mayor pro tem Forrester, to approve Item 3 as presented. A vote was taken and the motion passed 7-0. Flage 12 FEI 0912412024 it,, A. WORK SESSION Mayor Porter convened the Council into Work Sessions at 6:57 p.m. WSl. Discuss the currently proposed Downtown Project lane, parking, and sidewalk configuration. WS2. Discuss the proposed Silverlake multi -family and commercial retail development generally located at the southeast corner of State Highway 78 and Alanis Drive. WS3. Discuss additional lighting at the Dog Park within the Municipal Complex. RECONVENE INTO REGULAR SESSION Mayor Porter reconvened the Council into Regular Session at 7:03 p.m. EXECUTIVE SESSION Mayor Porter convened the Council into Executive Session at 7:05 p.m. Sec. 551.072. DELIBERATION REGARDING REAL PROPERTY; CLOSED MEETING. 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 Brown/Eubanks, FM 544/Cooper, FM 544/Sanden, Jackson/Oak, Regency/Steel, and State Hwy 78/Brown. 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: 2022-1c, 2022-10c, 2023-1c, 2023- 2d, 2023-11b, 2024-2d, 2024-4e, 2024-5a, 2024-7a, 2024-7b, 2024-8b, and 2024-8d. RECONVENE INTO OPEN SESSION Take any action as a result from Executive Session. Mayor Porter reconvened the Council into Open Session at 7:37 p.m. READING OF ORDINANCES Title and caption approved by Council as required by Wylie City Charter; Article III, Section 13-D. City Secretary Storm read the captions of Ordinance Nos. 2024-25 and 2024-26 into the official record. Flage 13 FEI 0912412024 it,, A. ADJOURNMENT A motion was made by Councilman Strang, seconded by Councilman Mulliqi, to adjourn the meeting at 7:38 p.m. A vote was taken and the motion passed 7-0. Matthew Porter, Mayor ATTEST: Stephanie Storm, City Secretary Flage 14 FEI 0912412024 Item B. Department: Library Account Code: 100-5551-52630 Prepared By: Oiilia Barrera ter, and act upon, the approval of Agreement No. W2025-02 with Midwest Tape, LLC for use of their Hoopla digi platform for the Library in an estimated annual amount of $50,000 through a cooperative purchasing contract w SmartBuy. to approve the Item as presented. ipla is a digital media platform that allows the Library to provide users with instant access borrows (no waiting or holds to digital media content using smart phones, tablets, computers, and other streaming devises. Hoopla is designed to be ,ssible 24/7 and is available at all times. offers various licenses to media content in multiple formats to include (without limitation) movies, television s, music, audiobooks, eBooks, and comics, subject to circulation limits (if any) and other settings established by the The Hoopla digital collection includes over a million books, audio books, comic books, music, movies, and pproving the motion will allow the library to purchase more credits from Hoopla in order to continue serving the needs of ur patrons. For calendar year 2023, patrons checked out 21,232 items. As of July 2024, we have already circulated almost 5,000 items and are on track to surpass usage from last year. taff recommends the approval of Agreement No. W2025-02 with Midwest Tape, LLC for use of their Hoopla digital media latform for the Library in an estimated annual amount of $50,000 through a cooperative purchasing contract with Texas City is authorized to purchase from a cooperative purchasing program with another local government or a local erative organization pursuant to Chapter 791 of the Texas Government Code and Section 271 Subchapter F of the Local xnment Code. of Wylie No. W2025-02 / Texas SmartBuy No. 715-M2) FUI 0912412024 Item C. Department: Library Account Code: 100-5551-52630 Prepared By: Oiilia Barrera let, and act upon, the approval of Agreement No. W2025-03 with OverDrive for use of their eBook and Dc content for the Library, in an estimated amount of $50,000 through a cooperative purchasing contract with to approve the Item as presented. verDrive is the leading platform in digital materials for libraries. The City of Wylie is currently part of the Northeast Texas igital Consortium, which gives access to millions of dollars of materials for a fraction of the cost. Being part of the insortium not only allows us access to more materials, we also share the cost of the platform among several area libraries akina it more economical. taff recommends the approval of Agreement No. W2025-03 with OverDrive for use of their eBook and Downloadable Audio c)ntent for the Library in an estimated annual amount of $50,000 through a cooperative purchasing contract with BuyBoard > continue serving the needs of our patrons by the purchase of more content. Currently, there are over 5,277 Smith Public ibrary users waiting for content on the platform. The current average wait time for an item is 78.21 days. City is authorized to purchase from a cooperative purchasing program with another local government or a local erative organization pursuant to Chapter 791 of the Texas Government Code and Section 271 Subchapter F of the Local �rnment Code. City of Wylie No. W2025-03 / BuyBoard No. 661-22) �J 0912412024 Item D. Department: Prepared By: Planning Jasen Haskins Account Code: Wylie City Council isider, and act upon, Ordinance No. 2024-29 for a change in zoning from Commercial Corridor (CC) to Commerc_ ridor - Special Use Permit (CC -SUP) on 18.754 acres to allow for drone delivery service for Walmart. Property located 0 N. State Highway 78 (ZC 2024-05). to approve the Item as presented. Dn September 10, 2024 City Council approved the writing of an ordinance for a change in zoning from Commercial Corridor 'CC) to Commercial Corridor - Special Use Permit (CC -SUP) on 18.754 acres to allow for drone delivery service for Walmart. Property located at 2050 N. State Highway 78 (ZC 2024-05), with an amendment to the SUP conditions requiring the temporary storage facility be replaced with a more permanent solution by October 31, 2025. That amendment is included in the SUP Conditions, Section III.3. final approval of Zoning Case 2024-05 requires the adoption of the Ordinance to amend the zoning accordingly in the Official oning map of the City; and providing a penalty clause, a repeal clause, a savings clause, a severability clause, and an effective subject Ordinance allows for the rezoning. Exhibit A (Legal Description), Exhibit B (Zoning Exhibit), and Exhibit C Conditions) are included and made a part of this Ordinance. above described property shall be used only in the manner and for the purposes provided for in the Comprehensive ng Ordinance of the City, as amended herein by the granting of this zoning classification. �J 0912412024 Item D. ORDINANCE NO. 2024-29 AN ORDINANCE OF THE CITY OF WYLIE, TEXAS, AMENDING THE COMPREHENSIVE ZONING ORDINANCE OF THE CITY OF WYLIE, AS HERETOFORE AMENDED, SO AS TO CHANGE THE ZONING ON THE HEREINAFTER DESCRIBED PROPERTY, ZONING CASE NUMBER 2024-05, FROM COMMERCIAL CORRIDOR (CC) TO COMMERCIAL CORRIDOR - SPECIAL USE PERMIT (CC -SUP) ON 18.754 ACRES TO ALLOW FOR A COMMERCIAL DRONE DELIVERY USE; PROVIDING FOR A PENALTY FOR THE VIOLATION OF THIS ORDINANCE; PROVIDING FOR THE REPEAL OF ALL ORDINANCES IN CONFLICT; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Planning and Zoning Commission and the governing body of the City of Wylie, Texas, in compliance with the laws of the State of Texas with reference to the amendment of the Comprehensive Zoning Ordinance, have given the requisite notices by publication and otherwise, and after holding due hearings and affording a full and fair hearing to all property owners generally and to owners of the affected property, the governing body of the City is of the opinion and finds that the Comprehensive Zoning Ordinance and Map should be amended; NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1: That the Comprehensive Zoning Ordinance of the City of Wylie, Texas, be, and the same is hereby, amended by amending the Zoning Map of the City of Wylie, to give the hereinafter described property a new zoning classification of Commercial Corridor - Special Use Permit (CC -SUP), said property being described in Exhibit A (Legal Description), hereto and made a part hereof for all purposes. SECTION 2: That a Zoning Exhibit and SUP Conditions are an integral component of the development of the property and are attached as Exhibit B and Exhibit C. SECTION 3: That all ordinances of the City in conflict with the provisions of this ordinance be, and the same are hereby, repealed and all other ordinances of the City not in conflict with the provisions of this ordinance shall remain in full force and effect. SECTION 4: That the above described property shall be used only in the manner and for the purposes provided for in the Comprehensive Zoning Ordinance of the City, as amended herein by the granting of this zoning classification. SECTION 5: Any person, firm or corporation violating any of the provisions of this ordinance or the Comprehensive Zoning Ordinance, as amended hereby, commits an unlawful act and shall be subject to the general penalty provisions of Section 1.5 of the Zoning Ordinance, as the same now exists or is hereafter amended. SECTION 6: Should any paragraph, sentence, subdivision, clause, phrase or section of this ordinance be adjudged or held to be unconstitutional, illegal or invalid, the same shall not affect the validity of this ordinance as a whole or any part or provision thereof, other than the part so declared to be invalid, illegal or unconstitutional, and shall not affect the validity of the Comprehensive Zoning Ordinance as a whole. Ordinance No. 2024-29 Walmart Drone Delivery SUP (ZC 2024-05) Page 1 of 2 �J 0912412024 Item D. SECTION 7: This ordinance shall be in full force and effect from and after its adoption by the City Council and publication of its caption as the law and the City Charter provide in such cases. SECTION 8: The repeal of any ordinance, or parts thereof, by the enactment of this Ordinance, shall not be construed as abandoning any action now pending under or by virtue of such ordinance; nor shall it have the effect of discontinuing, abating, modifying or altering any penalty accruing or to accrue, nor as effecting any rights of the municipality under any section or provisions of any ordinances at the time of passage of this ordinance. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, this 24th day of September, 2024. Matthew Porter, Mayor ATTEST: Stephanie Storm, City Secretary Date of publication in The Wylie News: October 3, 2024 Ordinance No. 2024-29 Walmart Drone Delivery SUP (ZC 2024-05) Page 2 of 2 �J 0912412024 Item D. July 8, 2024 Site Name: Walmart 5210 Exhibit "A" Legal Description Parent Tract Description All that certain lot, tract or parcel of land is situated in the F. De La Pina Survey. Abstract No. 688, Collin County, Texas, and being all of that 18.754-acre tract of land as described in the Special Warranty Deed and being recorded in Volume 5645, Page 1824, Official Public Records of the Collin County, Texas and being more particularly described as follows: (Warranty Deed as Recorded in Volume 5645, Page 1824, Official Public Records of the Collin County, Texas) Said 18.574-acre tract also being known as Lot 1 R-6, Block C, Woodlake Village Addition recorded in Instrument Number 2007-538, OPRCCT, as determined from a survey by Kenneth Yazel, RPLS 6182 on March 17, 2022 and recorded in Volume 5645, Page 1824, Official Public Record of Collin County, Texas. Kenneth Yazels Premises Description A tract of land lying in and being a part of Lot 1 R-6, Block C, Woodlake Village Addition as recorded in Volume 5645, Page 1824, Official Public Records of the Collin County, Texas; said tract being more particularly described as follows: Beginning at a found 5/8" iron rod having Texas Coordinate System of the North American Datum of 1983 (2011) epoch 2010, North Central Zone Grid Coordinates of Northing 7060877.2 and Easting 2578273.4, at the southeast corner of said Lot 1 R-6; Thence N 89°07'01" W (Grid bearings based on said Texas Coordinate System), a distance of 466.91 feet to a found 5/8" iron rod cap stamped "CEI" at the southwest corner of said Lot 1 R-6 and southeast corner of Lot 1 R-7 of said Woodlake Village Addition; Thence N 00°52'49" E, a distance of 40.09 feet to a found 5/8" iron rod with cap stamped "FIRM CEI TX"; S 89'07'11" E, a distance of 7.67 feet to a found 5/8" iron rod with cap stamped "FIRM CEI TX"; N 00°52'40" E, a distance of 153.58 feet to a found "X%cut in concrete; N 89'07'11" W, a distance of 84.50 feet to a found "X"-cut in concrete; S 00°52'49" W, a distance of 193.66 feet to a found "X"-cut in concrete at the southwest corner of said Lot 1 R-7; Thence N 89°07'01" W, a distance of 40.65 feet to a found 1/2" iron rod at the southeast westernmost corner of Lot 1 R-2, Block C; Thence N 00'50'18" E, a distance of 193.39 feet to a mad nail with washer stamped "JHP LAND SURVEYING" at the northeast corner of said Lot 1 R-2; Thence N 89'13'00" W, a distance of 240.36 feet to a found 1/2" iron rod at the northwest corner of said Lot 1 R- 2 and the southwest corner of said Lot 1 R-6; Thence N 00°53'06" E, a distance of 774.80 feet to a �J found 5/8" iron rod with cap stamped "FIRM CEI TX" at the northwest corner of said Lot 1 R-6 and on the south right-of-way line of Centennial Drive (60' wide). from which a found aluminum disk stamped "JHP LAND SURVEYING" at the northwest corner of Lot 1 R-3R1, Block C, bears S 75'48'52" W, a distance of 360.19 feet; Thence N 75'48'52" E, a distance of 212.86 feet to a found aluminum disk stamped "JHP LAND SURVEYING" at the beginning of a curve to the right having a radius of 1970.00 feet and whose chord bears N 78'30'57" E, a distance of 187.76 feet; northeasterly along said curve to the right through o central angle 5,27'47" on arc length of 187.83feet toafound aluminum disk stamped ''JHp LAND SURVEY|NG^;N81^14'08^E.adistance of403.18feet toafound 5/8''iron rod with cap stamped "FIRM CEI TX" at the northeast corner of said Lot 1 R-6, the intersection of the south right-of- way|ineofnaidCentennia|Drivoandthewoatright-uf-vvay|inoofaaidSpringCnaekParkvvayand being the beginning of a curve to the right having a radius of 1450 feet and whose chord bears S 05^45'00^ E. a distance of333.11 foot; Thence southeasterly along said curve to the right through a central angel 13'11'30", an arc length of 33.85feet to afound ^X''-cut in concrete from which afound ^X''-cutin concrete bears N 07,58'00^ VV, a distance of 0.4 feet; Thence S 00'52'59" W, with the east line of said Lot 1 R-6 and the west right-of- way|inenfsaidSpringCreokParkway.adiston000f800.00feottothoP{}|NTC}F BEGINNING and containing 18.574acres, or800.05Gsquare feet nfland, more orless. 1 0912412024 Item D. i I I IS 11 IN w E VR [Nl I Y MAP T NS LEGEND Roy F S) NOTES .. . .... . . L77o w, A� I rvxa w 6 ffAI A4 z T-- I rLl, DRONE DEEIVERY ZONING EXHIBIT WOOD AlE 'I'LLAG 'E 10CK C, 10T IR-6RI 17691 ACKA p HWY 78 N JUETL��12E ��EPA , ED �UL)' 30, 2024 N STATE SITE DATA SUMMARY I'll A I "EL, lURVll FYR: A. —ET -..ED 1"' 7, X 1111DICIP PAP,11111G IS P—D—- — E IT 11 Ad. 1,1ADA —IDA 1 5 6 8 t �.,v,•. ..arc �.��re r.,.��.�awv_:�;: t La 7" r�t�:l �UtiT SEM4.. `tit+0.i i eu 1'f 9 dgtitwG NC�t � �'�� 9 �� fLIVCL P@fs s u„� fir.JFr68�.fq _ tnnc..x= 0912412024 Item D. 10 11 112 13 0912412024 Item D. • + • Rented Generator four L 1 0912412024 Item D. i Engine Brand lsuzu Engine Model 4LE2T Engine Tier Tier 4 Final Output @ Rated Speed (1,800 RPM) - HP**** 33 Standby Power - kVA (kW) 27.5(22) Prime Power - kVA (kW)*** 25(20) Battery (V) IVA Voltage Regulation Percentage 0.50% Amperage Single Phase 120 V (A) 60 x 2 Amperage Single Phase 240 V (A) 60 Amperage Three Phase 120 V If 208 V (A) 69 Amperage Three Phase 277 V / 480 V (A) 30 Excitation Brushless with AVR Insulation Class H4 Integral Fuel Tank Capacity (gal) 52 Runtime @ Full Load (hrs) 31+ Main Breaker Size (Amps) 100(80%) Sound Level @ 23 ft. (No Load) - dBA 63 Engine Oil Change interval (hrs) 500 Engine Fuel Filter Change Interval (hrs) 500 Dry Weight (lbs) 2,425 Operating Wet Weight (lbs) 2,780 Trailer Weight (lbs) 531.4 Trailer GVWR (Ibs) 2,900 Length With Towing Frame (in) 123.3 Width With Towing Frame (in) 54.8 L 40 k1l M Ice-1,117m- Mobille Generator SOUND ATTENUATED HEAVY-DUTY, OVER -SIZED ALTERNATOR HIGH CAPACITY, COLD START BATTERY AUTOMATIC VOLTAGE REGULATOR (AVR) 120 VOLT GFCI RECEPTACLES ALWAYS ENERGIZED WHILE RUNNING FREQUENCY SWITCH TO RUN 50 Wz OU-9.9-wz 1 0912412024 Item D. i L 0912412024 Item D. Mobile Generator Maximize the power of your jobsite with the Maxi-PowerTM Mobile Generator. This generator comes equipped with a heavy-duty, oversized alternator equipped for motor starting needs. With a frequency switch for flexibility of jobsite power needs, and 15 inch tires for longer wear and greater towing capabilities, this generator will last and deliver the power you need to get the job done. KEY FEATURES 110% Full Fluid Containment x. Oversized Electrical Lugs + Large Capacity Fuel Tank' w. Standard External Fuel Connections R Standard Programmable Start/Stop for Standby Applications 4 Electric Fuel Primer & Air -Bleed (EFPA) Pump ., Hydraulic Surge Brakes Standard r Lockable Switch,' Voltage Selector Curbside Fluid Maintenance Side Fork Pockets (MP25) ,t Trailer DOT Compliant 49 CFR = Trailer Optional Warranty Coverage Product: 2 Years/2,000 Hour Limited Warranty` „GPS Ready Armature Connection _ Star with Neutral/Zig/Zag Number Of Poles. __. 4 Pole _ _. Insulation Class.F Excitation B—I le5s with AVR Voltage Regulation Percentage _... _ _ 050% Power Factor 080 Frequency - Hz (Switchable)... 60(SO) Standby Power - kVA (kW) 27S (22) 39 (312) 485 (388) 67 (53 6) Prime Power - kVA (kW) 25 (20) 38(30,4) 45 (36) 11 63 (50) Voltage Single Phase (Switchable) IV) 120 / 240 / 277 Voltage Three Phase (Switchable) IV) 208 / 240 / 416 / 480 Amperage Single Phase 120 V (A) 60.2 91 x 2 108 x 2 152 x 2 Amperage Single Phase 240V (A) 60 91 108 152 Amperage Three Phase 208 V(A) 65 105 119 167 Amperage Three Phase 240 V(A) 60 91 108 152 Amperage Three Phase 480 V(A) 30 46 54 76 Engine Brand Isuzu Kubota Isuzu Isuzu Engine Model 4LE2T V3300 4LE2X 4JJ1X EPA Emissions Certified Tier 4 Final Interim Tier 4 Tier 4 Final Tier 3 Flex Number of Cylinders 4 4 4 4 Output'a Rated Speed (1,800 RPM) - HP 33 47 59 98 Governor Type Isochronous Integral Fuel Tank Capacity (gal) 52 ) 106 106 7777 106 Full Fluid Containment 110% Lubricating Oil Capacity gal (L) 27(10,4) 3.403.2) 31 (117) 4,005,0) Coolant Capacity gal (L) _. 2.7 (10A) 2.9 (11,0) SS (9S) _ 2.9 (11.0) Battery IV) 2 12 12 72 Run Time`w Full Load 31+ 40+ 36+ 28+ Length W OTrailer g / (in) 67 82 82 ' 82 Width W/O Trailer (in) 32 39 38 39 _ _. Height W/O Trailer (in) _ 55 61 61 _. 61 Dry Weight (Ibs) 1,764 2,555 2,425 2,877 Operating Wet Weight (Ibs) 2,161 3,325 3,197 3,660 Sound Level 023 It (NO LOAD) - dBA < 63 61 < 64 < 63 Trailer Length (in) 120 140 140 140 Trailer Width (in) 61 66 66 66 Trailer Height (in) 28 25 26 26 Trailer Weight (Ibs) 610 950 950 9SO Trailer GVWR(lbs) 3,500 5,750 5,750 5,750 i ' • 0912412024 Item D. Camlocks Interchangeable electrical connectors that an be used in either single or three phase modes Single set of 5 Camlocks Arctic Package . 50 W 120 V battery heater pad 1,000 W 120 V thermosiphon block heater with thermostat to maintain temperature y Battery Charger (MP25 Only) 4 a 5 A 120 V with 3 stage charge cycle Lockable Battery Disconnect (MP25 Only) Electric Brake on MP65 A 0 When it comes to managing a jobsite, you want equipment that will not fail you when you need it most. You're looking for trust and reliability. Allmandbrings that to your jobsite, with over 75 years of respected experience. Our focus on Service and Support allows users to get the parts, technical service and support they need. Product innovation has helped us develop state- of-the-art towable jobsite equipment. bringing portable light towers, mobile industrial heaters, portable tight stands, portable air compressors and mobile generators for the construction, mining, oil & gas, and rental markets. All ® Holdrege, Nebraska 68949 P: (800) 562-1373 • P: (308) 995-5887 Maw, Sri, r'yy"tL"'7'.;' `t www.allmand.com M 1 0912412024 Item D. i Aircraft storage space is subject to change based on partner needs. Storage needed may be reduced if we're able to use partner storage. Storage containers may also be added. TrTMV�=Mfi provile alt orage •1. Iffies M7 •- • charge pads. the end of daily operations. • Weight: 4868 lbs pounds empty weight • • 20'x 8'x 8' (LxWxH) • Features: 4 •, side vents and top solar fan • Anchoring (city depenclant): Anchor spec based on ground type and following city requirements Affi • 9 Conhdential and Proprietary L 0912412024 Item D. ITEM NO. DESCRIPTION QTY. 1 :ISO 6346 22GOf22G1. OR EOUIVALENT 2DFT CONTAINER 1 — -------- LOUVERED VENT WITH INTERIOR MESH SCREEN 4 3 SOLAR EXHAUST FAN 1 4 FLOORTRACK SYSTEM, STANDARD LUMBER SOLAR EXHAL LOCATE APPF INSTALL PER M WING APPROVE© LOG.,t, FILE TO BE SUPPLIED BY WING', MATERIAL PRINT MEDIA: ARLON DPF WHITE 002 W/ ARLON SERIES 3420 SATIN LAMINATE 60D10 OR EQUIVALENT TEXT COLOR. RAL 4007 I276.. U SHADOW COLOR:: 7666 U —CONTAINER COLOR: -.._..._.._-- SAL r010 BRIGHT WHITE DETAIL A ALL SURFACES CrVISIONS DOOR SIDE, IF SINGLE ENTRY DUAL END DOORS ON IMENSIONING AND ER TO 3O MODEL FOR ANY 3- 30 CAD DATA IS SUPPLIED AT 1:1 SCALE AND TO BE USE) RON INSPECTION. 4, CLEANLINESS. PARTS ARE TO BE FREE.. OF ORGANIC MATERIALS, LUBRICANTS OR MOLD RELEASE SOLVENTS, OR OTHER CON dAMINANTS._ U ASSEMBLY REQUIRES LABELING OF GOOGLE PART NUMBER REVISION, MANUFACTURER NAME, DATE CODE AND LOT CODE. )IMENSONS ARE MILLIMETERS IN CONFIDENTIAL 'OLERANCES UNLESS OTHERN9SENOTED THIS DO UMENT AND THE: DATA OISCLC}BED HEREIN OR WHEREINITH IS y N OTTO BE REPRODUCEDUSED OR kk% ANG,LS D28" DISCLOSED IN WHOLE OR IN PART TO ANYONE WITHOUT THE PEWISSEON OF WING AVIATION LLD. NOT. TO SCALE.. nruwNsr._.. arL APpRtl4>:d dY oatE WING AVIATION PLC 100 MAYFIELD AVE MOUNTAIN VIEW, CA 94043, USAF uRrr �PROD..IMFG 20FT ISO SL IPPgNG CONTAINER, VENTILATED, WITH LOGO, WING. SIZE -LE PART NUN®ER REV B 41 fl 01397 00 01 El 0912412024 Item D. 20FT GENERAL PURPOSE CONTAINER REFERENCE SPECIFICATIONS I O 6346 22GO/22G ImOREQUIVALENT ................. _...m DOOR CtONFIGURATf ON END OPENING, ONE OR BOTH SIDES FLOOR MATERIAL WOOD TARE WEIGHT 2350 KG MAX DIMENSION (MM4 ; EXT, LENGTH 6058 EXT. WIDTH 2438 EXT. HEIGHT 2590m:_ INT, LENGTH 5898 �2352.. INT. WIDTH M. HEIGHT 2395 _ ,,. ,. _.,a.. _ . _ w_ ...k__W .,. DOOR OPENING WIDTH _ ... - — -......._ ,. 2340 DOOR OPENING HEIGHT 2280' LOAD HEIGHT (GROUND TO FLOOR) 170 Affi • n9 Confidential and Proprietary IN 1 0912412024 Item D. i Affi * I W 9 n Confidential and Proprietary L 0912412024 Item D. Walmart 5210 — Drone Delivery Exhibit "C" Conditions for Special Use Permit HaVISROMN The Purpose of this Special Use Permit is to allow for the Corridor Commercial Zoned Site currently being used as a grocery store to add Drone Delivery as a usage. 11. GENERAL CONDITIONS: 1. This Special Use Permit shall not affect any regulations within the Zoning Ordinance (adopted as of June 2023), except as specifically provided herein. 2. The design and development of the Drone Delivery Program shall take place in the general accordance with the Zoning Exhibit (Exhibit C). III. Special Conditions: 1. The development will have 12 pad nests located on the asphalt of the parking lot for drone docking, launching, and charging. It will be enclosed by a maximum 8' tall black wire panel fence with a maximum 30' x 94' perimeter. 2. The nest will occupy a maximum of 21 parking spaces and will have a "NO PARKING" striping around the fenced -off area. With the ongoing project of adding drive aisles and potentially re -striping online grocery pickup spaces, a maximum of 35 spaces shall be removed. 3. A storage container for the storage of drones and a temporary generator for power shall be located within the inside perimeter of the fence. The storage container and temporary generator are to be utilized on this site through October 31, 2025. Prior to this date, a site plan shall be submitted to the City of Wylie for consideration. The site plan shall designate permanent shore power and storage solutions to replace the generator and storage container. 4. The temporary generator shall not exceed a maximum of 63 dB up to 25 ft and shall exempt Nonresidential district's sound pressure level limits of 60 dB during the Day from 7:00 a.m. to 7:00 p.m. Noise may be measured at the property line for compliance upon installation. 5. The Zoning Exhibit (Exhibit C) shall serve as the Site Plan for the Drone Delivery development. Approval of the Special Use Permit shall act as site plan approval. 0912412024 Item E. Department: Parks and Recreation Prepared By: Janet Pieper Account Code: Wylie City Council isider, and act upon, approval of the Non -Profit Park Event Application from the Watkins PTA for the Jingle Bell Jo and Fun Run/Walk at Founders Park on December 7, 2024. to approve the Item as presented. Jingle Bell Jog is a repeat fundraiser event hosted by the Wally W. Watkins PTA, a non-profit organization, at Found( on Saturday, December 7, 2024, from 5 am to 1 pm. The applicant plans to sell participant registrations, spirit sticl and beverages provided by the application and food vendors. 600 attendees are expected to participate in the event. �J 0912412024 Item E. IAICI"' OF WYLIE Parks & Recreation Department 300 Country Club Rd, Building 100 Wylie, TX 75098 972-516-6340 1 Parks@wylietexas.gov Please note that this application is NOT required in order to reserve a pavilion or gazebo for typical private group parties, meetings, reunions, or family events. It is also NOT required to reserve an athletic field for practices or pick up games; instead click on the following link to make a reservation: hftps.,//anc.apm.activecommunities.com/wylie Submission of this Non -Profit Park Event Application is required for special public non-profit events, 5KIfun runs, fundraisers, events with food and/or merchandise vendors, and all events wherein items will be sold. This form is reviewed by staff for approval prior to the requested event and must be submitted a minimum of twelve weeks in advance, and no sooner than 6 months prior to the event date being requested, After City staff reviews the application, a Non -Profit Park Event Application may be considered for recommendation of approval by the Wylie Parks and Recreation Board, with the final review for approval completed by Wylie City Council if staff finds that: ® Priority use is given to City Events and private rentals; * All fees have been paid; * The event does not., a. Conflict or compete with another approved non -City event, in consideration of event size, location, expected attendance, etc,, as determined by staff,, b. Conflict or compete with City events and programs, as determined by staff (no car shows permitted 30 days prior to or 14 days after the City -sponsored Bluegrass on Ballard event); c. Present an unreasonable danger to health or safety; d. Cause loss or damage to City property, e . Interfere with or place a burden on Public Safety services; f. Interrupt the safe and orderly movement of pedestrians and vehicles. ® For events including food items, applicant provides documentation from the Collin County Environmental Services indicating whether or not a Food Service/Health permit is required for the event. This includes all food items: sold, free, food trucks, catering, homemade, prepackaged, etc.; a. Please contact the Environmental Services Specialist at 972-548-5528 or 972-548-5585. The Collin County website is www, collincountytx.gov for further information. b. If permit is required by Environmental Services, provide staff with a list of all planned food vendors and a copy of their current Collin County Food Service/Health permit, or intent to receive a Temporary/Short-Term Event Food ServicelHealth Permit. ® There will be adequate sanitation available in or adjacent to the event, in addition to the City facilities as deemed necessary, such as port -a -lets, wash stations, and other required health facilities. * The event is not being conducted for unlawful or discriminatory purposes. The event is in adherence to all Parks and Recreation rules and City Ordinances. Please call the Parks and Recreation Department at 972-516-6340, prompt 1, if you have any questions pertaining to the Park Event Application. Applicant Information 0912412024 Item E. Name of Organization* Welasite Wally W Watkins PTA Are you a non profit?* Please upload 501c3 Documents Yes No Tax Exemption form-2024.pdf 1.83MB Contact Information Primary Contact Name* Kate Forner Event Information Event Name/Title* Jingle Bell Jog 5K & Fun Run/ Walk Event Type* 5k/Walk Purpose of event* 5K & Fun Run/Walk Proposed Event Date* 12/07/2024 Start Time* 05:00:00 AM Include Setup Alternative Event Date* 12/14/2024 End Time* 01:00:00 PM Include Cleanup Do you plan to sell items of any kind? example. drinks, food iterns, t-shirts, snow cones, mernberships, registrations etc, Yes No Please specify all items you plan to sell Day of Registration; Spirit Sticks; Food and Beverages Will there be food items provided? Yes No Please specify the types of food items to be provided Cookies; Hot Chocolate; Coffee; Breakfast Pastries Who is providing the food? Applicant Food Vendor Other Both Applicant an( 0912412024 Item E. Anticipated number of Participating Vendors* Anticipated Event Attendance 3 600 Event Target Audience* Wylie Community MINNIMM Wally Watkins Annual 5k & Fun Run/ Walk to kick off the holiday season and promote healthy lifestyles for our students and families. Event Announcement and/or Flyers Sample Flyer from last year.jpeg am= Date * 08/16/2024 MMIMM �J 1 0912412024 Item F. I 1A1 N CITY OF WYLIE Department: WEDC Prepared By: Jason Greiner Account Code: Wylie City Council nsider, and place on file, the monthly Revenue and Expenditure Report for the Wylie Economic Development of August 31, 2024. to approve the Item as presented. Fhe Wylie Economic Development Corporation (WEDC) Board of Directors approved the attached financials on September 8,2024. 1 0912412024 Item F. I WYLIEECONOMIC DEVELOPMENT August Rev/Exp Report Account Summary For Fiscal: 2023-2024 Period Ending: 08/31/2024 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 111 4000-40)10 SALES TAX .............. 4,536,561.00 4,536,561.00 463,185.29 3,617,296.75 -919,264.25 20.26% Category: 400 - Taxes Total: 4,536,561.00 4,536,561.00 463,185.29 3,617,296.75 -919,264.25 20.26% Category: 460 - Interest Income 111-4000-46110 ALLOCATED INTEREST EARNINGS 112,000.00 112,000.00 45,327.89 485,021.39 373,021.39 433.05% Category: 460 - Interest Income Total: 112,000.00 112,000.00 45,327.89 485,021.39 373,021.39 333.05% Category: 480 - Miscellaneous Income Ill 4000-48110 RENTAL INCOME 48,600.00 48,600.00 400.00 30,780.65 -17,819.35 36.67% 111 -4000-48410 MISCELLANEOUS INCOME 0.00 1,250.00 0.00 1,947.08 697.08 155.77% Ill -4000-48430 GAIN/(LOSS) SALE OF CAP ASSETS 2,655,970.00 .... .. ..... ........... 2,655,970.00 0.00 -223,384.36 -2,879,354.36 108.41% Category: 480 - Miscellaneous Income Total: 2,704,570.00 2,705,820.00 400.00 -190,656.63 -2,896,476.63 107.05% Revenue Total: 7,353,131.00 7,354,381.00 508,913.18 3,911,661.51 -3,442,719.49 46.81% Expense Category: 510 - Personnel Services 111-5611-51.1,10 SALARIES 440,500.00 460,570.00 37,003.78 365,365.55 95,204.45 20.67% Ill -5611 51130 OVERTIME 0.00 0.00 0.00 871.40 -871.40 0.00 % 11.1-5611-51,140 LONGEVITY PAY 1,200.00 1,200.00 0.00 1,092.00 108.00 9.00% 111-5611-51145 SICK LEAVE BUYBACK 0.00 3,943.98 0.00 0.00 3,943.98 100.00% 111-561.1 51310 TMRS 68,500.00 72,222.32 5,375.22 53,275.12 18,947.20 26.23% 111-561.1 51410 HOSPITAL& LIFE INSURANCE 81,000.00 81,169.00 5,786.26 55,903.55 25,265.45 31.13% 111-5611-51,420 LONG-TERM DISABILITY 1,600.00 1,714.00 0.00 538.41 1,175.59 68.59% Ill -5611-51440 FICA 27,000.00 28,489.53 2,126.03 21,117.96 7,371.57 25.87% 111-561.1-51,450 MEDICARE 6,400.00 6,748.19 497.21 4,938.89 1,809.30 26.81% 111-5611 51,470 WORKERS COMP PREMIUM 2,100.00 2,100.00 0.00 1,137.35 962.65 45.84% 111-561.1.-51480 UNEMPLOYMENT COMP (TWC) 1,600.00 1,600.00 55.00 672.47 927.53 57.97% ........................ Category: 510 - Personnel Services Total: 629,900.00 659,757.02 50,843.50 504,912.70 .............. 154,844.32 23.47% Category: 520 - Supplies 111-5611-52010 OFFICE SUPPLIES 5,000.00 5,000.00 131.71 3,669.88 1,330.12 26.60% 11-1-5611 52040 POSTAGE & FREIGHT 300.00 300.00 0.00 194.70 105.30 35.10% 111, -5611-52810 FOOD SUPPLIES 3,000.00 3,000.00 261.98 2,886.37 113.63 3.79% ................. Category: 520 - Supplies Total: 8,300.00 8,300.00 .............. 393.69 6,750.95 1,549.05 18.66% Category: 540 - Materials for Maintenance 111- 5611 -5461.0 FURNITURE & FIXTURES 2,500.00 2,S00.00 0.00 325.80 2,174.20 86.97% 11.1-5611 548.10 COMPUTER HARD/SOFTWARE ............ 7,650.00 7,650.00 1,299.99 3,599.97 4,050.03 52.94% Category: 540 - Materials for Maintenance Total: 10,150.00 10,150.00 1,299.99 3,925.77 6,224.23 61.32% Category: 560 - Contractual Services 11.1-5611 -56030 INCENTIVES 1,929,250.00 1,929,250.00 0.00 1,111,000.00 818,250.00 42.41% 111-5611 56040 SPECIAL SERVICES 37,270.00 37,270.00 157.50 25,770.00 11,500.00 30.86% 11.1-5611 56041 SPECIAL SERVICES -REAL ESTATE 234,500.00 292,956.40 3,543.93 226,842.87 66,113.53 22.57% 111-5611 56042 SPECIAL SERVICES-INFRASTRUCTUR 10,324,000.00 10,265,543.60 365,462.42 610,621.17 9,654,922.43 94.05% Ill -5611-56080 ADVERTISING 226,125.00 186,125.00 13,989.87 112,621.78 73,503.22 39.49% 11.1-5611. 56090 COMMUNITY DEVELOPMENT 64,950.00 66,200.00 5,317.84 46,325.31 19,874.69 30.02% 111-5611 56110 COMMUNICATIONS 7,900.00 7,900.00 497.18 4,867.52 3,032.48 38.39% Ill -5611-56180 RENTAL 27,000.00 27,000.00 2,250.00 22,500.00 4,500.00 16.67% 111-5611 56210 TRAVEL & TRAINING 73,000.00 73,000.00 4,222.21 57,734.50 15,265.50 20.91% 111-5611-56250 DUES & SUBSCRIPTIONS 60,733.00 70,733.00 1,531.09 60,775.28 9,957.72 14.08% 111-5611 56310 INSURANCE 6,800.00 6,800.00 0.00 5,653.11 1,146.89 16.87% Ill -5611 56510 AUDIT & LEGAL SERVICES 23,000.00 53,000.00 4,111.40 35,295.33 17,704.67 33.41% 9/13/2024 8:25. 07 AM Page 1. of 4 0912412024 Item F. Budget Report For Fiscal: 2023-2024 Period Ending: 08/31/2024 Variance Original Current Period Fiscal Favorable Percent Total Budget Total Budget Activity Activity (Unfavorable) Remaining 1.11 __61.1 56 70 ENGINEERING/ARCHITECTURAL 530,175.00 530,175.00 13,462.38 426,242.20 103,932.80 19.60 % 1,11,__56_11-566-1.1 UTILITIES -ELECTRIC 2,400.00 2,400.00 0.00 1,752.15 647.85 26.99 % Category: 560 - Contractual Services Total: 13,547,103.00 13,548,353.00 414,545.82 2,748,001.22 10,800,351.78 79.72% Category: 570 - Debt Service & Capital Replacement 1.11 __611.574.10 PRINCIPAL PAYMENT 600,096.00 600,096.00 50,780.20 549,141.41 50,954.59 8.49 % 1,11,__5611__57411 INTEREST EXPENSE 631,902.00 631,902.00 51,886.27 580,189.76 51,712.24 8.18 % Category: 570 - Debt Service & Capital Replacement Total: 1,231,998.00 1,231,998.00 102,666.47 1,129,331.17 102,666.83 8.33% Category: 580 - Capital Outlay 1.11 __5611_581.10 LAND -PURCHASE PRICE 1,000,000.00 1,000,000.00 0.00 7,079.00 992,921.00 99.29 % 1,11,_5611._58995 CONTRA CAPITAL OUTLAY 0.00 0.00 0.00 -7,079.00 7,079.00 0.00% Category: 580 - Capital Outlay Total: 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 100.00% Expense Total: 16,427,451.00 16,458,558.02 569,749.47 4,392,921.81 12,065,636.21 73.31% Fund: 111- WYLIE ECONOMIC DEVEL CORP Surplus (Deficit): -9,074,320.00 -9,104,177.02 -60,836.29 -481,260.30 8,622,916.72 94.71% Report Surplus (Deficit): -9,074,320.00 -9,104,177.02 -60,836.29 -481,260.30 8,622,916.72 94.71% 9/1 3/ _'024 8:2507 AM Page 2 of 4 7E Budget Report Original Current Category Total Budget Total Budget Fund: 111- WYLIE ECONOMIC DEVEL CORP Revenue 400 - Taxes 4,536,561.00 4,536,561.00 460 - Interest Income 112,000.00 112,000.00 480 - Miscellaneous Income 2,704,570.00 2,705,820.00 Revenue Total: 7,353,131.00 7,354,381.00 Expense 510 - Personnel Services 629,900.00 659,757.02 520 - Supplies 8,300.00 8,300.00 540 - Materials for Maintenance 10,150.00 10,150.00 560 - Contractual Services 13,547,103.00 13,548,353.00 570 - Debt Service & Capital Replacement 1,231,998.00 1,231,998.00 580 - Capital Outlay 1,000,000.00 1,000,000.00 Expense Total: 16,427,451.00 16,458,558.02 Fund: 111- WYLIE ECONOMIC DEVEL CORP Surplus (Deficit): -9,074,320.00 -9,104,177.02 Report Surplus (Deficit): -9,074,320.00 -9,104,177.02 0912412024 Item F. For Fiscal: 2023-2024 Period Ending: 08/31/2024 Group Summary Variance Period Fiscal Favorable Percent Activity Activity (Unfavorable) Remaining 463,185.29 3,617,296.75 -919,264.25 20.26% 45,327.89 485,021.39 373,021.39 333.05% 400.00 -190,656.63 -2,896,476.63 107.05% 508,913.18 3,911,661.51 -3,442,719.49 46.81% 50,843.50 504,912.70 154,844.32 23.47% 393.69 6,750.95 1,549.05 18.66% 1,299.99 3,925.77 6,224.23 61.32% 414,545.82 2,748,001.22 10,800,351.78 79.72% 102,666.47 1,129,331.17 102,666.83 8.33% 0.00 0.00 1,000,000.00 100.00% 569,749.47 4,392,921.81 12,065,636.21 73.31% -60,836.29 -481,260.30 8,622,916.72 94.71% -60,836.29 -481,260.30 8,622,916.72 94.71% 9/1 3/2024 13 507 AM Page 3 of 4 Budget Report 1 0912412024 Item F. I For Fiscal: 2023-2024 Period Ending: 08/31/2024 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 -9,104,177.02 -60,836.29 -481,260.30 8,622,916.72 Report Surplus (Deficit): -9,074,320.00 -9,104,177.02 -60,836.29 -481,260.30 8,622,916.72 9/13/2024 13:2507 AM Page 4 of 4 0912412024 Item F. Wylie Economic Development Corporation Statement of Net Position As of August 31, 2024 Assets Cash and cash equivalents $ 13,611,097.97 Receivables $ 717,000.00 Note 1 Inventories $ 14,645,353.88 Prepaid Items $ - Total Assets $ 28,973,451.85 Deferred Outflows of Resources Pensions $ 114,336.55 Total deferred outflows of resources $ 114,336.55 Liabilities Accounts Payable and other current liabilities $ 50,431.11 Unearned Revenue $ 1,200.00 Note 2 Non current liabilities: Due within one year $ 112,069.59 Note 3 Due in more than one year $ 15,136,816.48 Total Liabilities $ 15,300,517.18 Deferred Inflows of Resources Pensions $ (8,336.41) Total deferred inflows of resources $ (8,336.41) Net Position Net investment in capital assets $ - Unrestricted $ 13,778,934.81 Total Net Position $ 13,778,934.81 Note 1: Includes incentives in the form of forgivable loans for $67,000 (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 1 0912412024 Item F. I WYLIEECONOMIC DEVELOPMEN'r Balance Sheet Account Summary As Of 08/31/2024 Name Balance Fund: 111 - WYLIE ECONOMIC DEVEL CORP Assets _111i.10Q. 101 CLAIM ON CASH AND CASH EQUIV. 13,609,097.97 111-1000-10115 CASH - WEDC - INWOOD 0.00 ESCROW 0.00 111-1000-10180 DEPOSITS 2,000.00 111-1000-1_0122 OTHER - MISC CLEARING 0100 111-1.000-10341 TEXPOOL 0.00 D-L MKLIQ13 43 LOGIC 0.00 .111-1000-10481 INTEREST RECEIVABLE 0.00 ULLM-115ii ACCTS REC - MfSC 0100 111-1000-11517 ACCTS REC - SALES TAX 0.00 1..11101 0-12810 LEASE PAYMENTS RECEIVABLE 0.00 111-1000-12950 LOAN PROCEEDS RECEIVABLE 0.00 Ili - I QQQ__Z)i9k LOAN RECEIVABLE 0.00 111-1000-12997 ACCTS REC - JTM TECH 0.00 111.1000-12998, ACCTS, REC - FORGIVEABLE LOANS 717,000.00 .111-1000-141,12 INVENTORY - MATERIAL/ SUPPLY 0.00 Ill 1000-14116 ---------- INVENTORY'- LAND & BUILDINGS 14,645,353.88 111-1000-1411.8 INVENTORY - BAYCO/ SANDEN BLVD 0.00 111-1000-14310 PREPAID EXPENSES- MISC 0.00 111-1000-14410 DEFERRED OUTFLOWS 1,110,500.00 Total Assets: 30,083,951.85 30,083,951.85 Liability 111-2000-20110 FEDERAL INCOME TAX PAYABLE 0.00 .111-2000-20111 MEDICARE PAYABLE 0.00 111-2000-20112 CHILD SUPPORT PAYABLE 0100 111-2000-2011.3 CREDIT UNION PAYABLE 0.00 111-2000-20114 IRS LEVY PAYABLE 0.00 111-2000-20115 NATIONWIDE DEFERRED COMP 0.00 11.1-2000-20116 HEALTH INSUR PAY -EMPLOYEE 11,644.69 111-2000-2011.7 TMRS PAYABLE 0.00 .1.11-2.000-20118 ROTH IRA PAYABLE 0.00 111-2000-20119 WORKERS COMP PAYABLE 0.00 111-2000-20120 FICA PAYABLE 0.00 111-2000-20121 TEC PAYABLE 0.00 111-2000--20122 STUDENT LOAN LEVY PAYABLE 0.00 111-2000-201.23 ALIMONY PAYABLE 0.00 111 L?_(Xk(LZQ124 BANKRUPTCY PAYABLE 0.00 111-2000-20125 VALIC DEFERRED COMP 0.00 Ill- 2000-20126 ICMA PAYABLE 0.00 I11--2000-20,127 EMP. LEGAL SERVICES PAYABLE 0.00 1 112000-20130 - --------- - FLEXIBLE SPENDING ACCOUNT 9,312,28 111-2000-20131 EDWARD JONES DEFERRED COMP 0.00 111-2000-20132 EMP CARE FLITE 1100 111-2000-20133 Unemployment Comp Payable 82.45 111-2000-20151 ACCRUED WAGES PAYABLE 0.00 111-2000-20180 ADDIT EMPLOYEE INSUR PAY 135.18 111-2000-20199 MISC PAYROLL PAYABLE 0.00 -1-11 -2000-20201 AP PENDING 0.00 111-2000-20210 ACCOUNTS PAYABLE 0.00 .111-2000-1053.0 PROPERTY TAXES PAYABLE 0.00 111-2000-20540 NOTES PAYABLE 1,110,500.00 1.11-2000-2061,01 RETAINAGE PAYABLE 29,244.51 9/13/2024 8:24 ] 4 AM Page 1 of 3 Balance Sheet 0912412024 Item F. As Of08/31/2024 Account Name Balance i 11.-2000-2081t3 DUE TO GENERAL FUND 0.00 111 2000-222T0 DEFERRED INFLOW 0.00 111-2002-22230 k.11-2000 Z291 a Equity 111-3000- 4,1 0 111 3000-34590 Total Revenue Total Expense Revenues Over/Under Expenses DEFERRED INFLOW - LEASE INT 0.00 Total Liability: 1,162,131.11 FUND BALANCE-UNRESERV/UNDESIG 29,403,081.04 ..................... Total Beginning Equity: 29,403,081.04 3,911,661.51 4,392,921.81 481,260.30 Total Equity and Current Surplus (Deficit): 28,921,820.74 Total Liabilities, Equity and Current Surplus (Deficit): 30,083,951.85 9/1 3/:_024 8:24�19 AM Page 2 of 3 J Balance Sheet 0912412024 Item F. As Of08/31/2024 Account Name Balance Fund: 922 - GEN LONG TERM DEBT (WEDC) Assets Liability Total Assets: 0.00 0.00 Total Liability: 7,556,077.29 Total Equity and Current Surplus (Deficit): 0.00 Total Liabilities, Equity and Current Surplus (Deficit): 7,556,077.29 *** FUND 922 OUT OF BALANCE ***-7,556,077.29 ***Warning: Account Authorization is turned on. Please run the Unauthorized Account Listing Report to see if you are out of balance due to missing 9,/1 3J:_024 8:24�13 AM Page 3 of 3 J 0912412024 Item F. Wylie Economic Development Corporation SALES TAX REPORT August 31, 2024 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 $ 393,994.39 $ 25,616.67 6.95% FEBRUARY $ 456,571.35 $ 417,896.79 $ 480,381.11 $ 265,491.94 $ (214,889.17) -44.73% MARCH $ 257,187.91 $ 305,605.50 $ 313,686.17 $ 577,757.71 $ 264,071.54 84.18% APRIL $ 221,881.55 $ 265,773.80 $ 310,050.94 $ 341,335.06 $ 31,284.12 10.09% MAY $ 400,371.70 $ 401,180.20 $ 434,878.33 $ 448,671.55 $ 13,793.21 3.17% JUNE $ 290,586.92 $ 343,371.26 $ 330,236.89 $ 377,949.25 $ 47,712.37 14.45% JULY $ 314,559.10 $ 331,432.86 $ 379,162.00 $ 374,225.20 $ (4,936.80) -1.30% AUGUST $ 390,790.76 $ 429,696.16 $ 448,253.70 $ 463,185.29 $ 14,931.59 3.33% 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 $ 3,617,296.76 $ 213,543.35 9.64% Total $ 3,875,470.98 $ 4,161,281.96 $ 4,611,795.64 $ 3,617,296.76 $ 213,543.35 9.64% WEDC Sales Tay Analysis $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 �e ** Sales Tax collections typically take 2 months to be reflected as Revenue. SIsTx receipts are then accrued back 2 months. Example: August SIsTx Revenue is actually June SIsTx and is therefore the 9th allocation in FY24. El 0912412024 Item F. Wylie Economic Development Corporation PERFORMANCE AGREEMENT REPORT August 31, 2024 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 $ 23,000.00 $ 12,000.00 $ $ $ 12,000� 00 $ - $ 35,000.00 NORTH DALLAS WYLIE LAND $ 120,000.00 $ 20,000.00 $ - $ $ $ - $ 100,000.00 $ 120,000.00 AXL $ 65, 000.00 .$ 9,25(, 00 $ 9,250.00 $ $ $ 9,250,00 $ 46, 500.00 $ 65, 000.00 GLEN ECHO BREWING $ 100,000.00 $ 50,000.00 $ 30,000.00 $ 20,000.00 $ $ 50,000.00 $ - $ 100,000.00 B MLKJ $ 80,000.00 $ - $ 40,000.00 $ 40,000.00 $ $ 80,000.00 $ $ 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 .$ t0(7000,00 $ $ $ $ $ 200,000.00 $ 300,000.00 PHOENIX ASCENDING $ - $ - $ $ $ $ $ $ - $ - D SANDEN INTERNATIONAL $ 500,000.00 $ 300,000.00 $ 200,000.00 $ $ $ S 200,000,00 $ $ 500,000.00 CATES CONTROL SYSTEMS INC. $ 45,000.00 $ 46,fle 0,00 $ - $ $ $ $ - $ $ 45,000.00 $ 2,585,000.00 $ 1,212,250.00 $ 941,250.00 $ 60,000.00 $ - $ - $ 1,001,250.00 $ 371,500.00 $ 2,585,000.00 DetwedOut;fr'ow $ 1,155,500.00 (Note, De Shred Ou(flow on the Balance Sheet does noyet reflect the fates PA in the arrrcurae of $45,000,) 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). $33,000 CO, $33,000 in 2025, and $34,000 in 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, L 09/24/2024 Item G. Wylie City Council Department: Prepared By: Finance Melissa Brown Account Code: , and act upon, approving the Debt Management Policy. to approve the Item as presented. purpose of a Debt Management Policy is to establish parameters and provide guidance governing the issuance, agement, continuous evaluation of and reporting on all debt obligations issued by the City. A formal approval by Council also provide for the preparation and implementation necessary to ensure compliance and conformity with the policy. of a debt policy are: • Enhances the quality of decision by imposing order and discipline • Promotes consistency and continuity in decision making • Identifies objectives for staff to implement • Demonstrates a commitment to long term financial planning objectives • Regarded positively by the rating agencies Debt Management policy was first adopted on September 22, 2020. No changes have been made to the policy since last 's adoption. recommends approval of the Debt Management Policy. �J 09/24/2024 Item G. City of Wylie, Texas Debt Management Policy I. Purpose The purpose of this policy is to establish parameters and provide guidance governing the issuance, management, continuous evaluation of and reporting on all debt obligations issued by the City of Wylie, and to provide for the preparation and implementation necessary to ensure compliance and conformity with this policy. Advantages of a debt policy are as follows: • Enhances the quality of decisions by imposing order and discipline • Promotes consistency and continuity in decision making • Identifies objectives for staff to implement • Demonstrates a commitment to long term financial planning objectives II. Policy Statement Under the governance and guidance of Federal and State laws and the City's Charter, ordinances and resolutions, the City may periodically enter into debt obligations to finance the construction or acquisition of infrastructure and other assets; or to refinance existing debt for the purpose of meeting its governmental obligation to its residents. It is the City's desire and direction to ensure that such debt obligations are issued and administered in such fashion as to obtain the best long-term financial advantage to the City and its residents, while making every effort to maintain and improve the City's bond ratings. The City shall not issue debt obligations or utilize debt proceeds to finance current operations of City Government. III. General Debt Governing Policies The City establishes the following policies concerning the issuance and management of debt: • The City will not issue debt obligations or use debt proceeds to finance current operations or normal maintenance. • Debt financing includes general obligation bonds, certificates of obligation, revenue bonds, lease/purchase agreements and other obligations permitted to be issued under Texas law. Original Issue: September 22, 2020 Presented for approval: September 24, 2024 E 09/24/2024 Item G. • The City shall review its outstanding debt annually for the purpose of determining if the financial marketplace will afford the City the opportunity to refund an issue and lessen its debt service costs. As a general rule, the present value savings of a particular refunding should exceed four percent (4%) of the refunded maturities, unless a restructuring or bond convent revision is necessary in order to facilitate the ability to provide services or issue additional debt in accordance with established debt policies. • The City will utilize debt obligations only for acquisition, construction, reconstruction or renovation of capital improvement projects that cannot be funded from current revenue sources or in such cases where it is more equitable to the users of the project to finance the project over its useful life. • The City will measure the impact of debt service requirements of outstanding and proposed debt obligations on a single year, five, ten, and twenty year period. This analysis will consider debt service maturities and payment patterns. • The City will seek the advice and services of the Financial Advisor in performing the bond issuance process. The City will also seek the advice of Bond Counsel as to the legality and tax-exempt status of any obligations. • The City shall use a competitive bidding process in the sale of debt unless the nature of the issue warrants a negotiated sale. The City shall attempt to award the bonds based on a true interest cost (TIC) basis. However, the City may award bonds based on a net interest cost (NIC) basis as long as the Financial Advisor agrees that the NIC basis can satisfactorily determine the lowest and best bid. • Credit enhancements are mechanisms which guarantee principal and interest payments. They include bond insurance and a line or letter of credit. A credit enhancement, while costly, will usually bring a lower interest rate on debt and a higher rating from the rating agencies, thus lowering overall costs. During debt issuance planning the Financial Advisor will advise the City whether or not a credit enhancement is cost effective. • The bond proceeds will be invested in accordance with the City's investment policy. Interest earnings received on the investment of bond proceeds shall be used to assist in paying the costs associated with the capital project. • The City is committed to continued disclosure of financial and pertinent credit information relevant to the City's outstanding securities and will abide by the provisions of Securities and Exchange Commission (SEC) Rule 15c2-12 concerning primary and secondary market disclosure. Original Issue: September 22, 2020 Presented for approval: September 24, 2024 �J 09/24/2024 Item G. IV. Debt Limit • The State of Texas statutes do not prescribe a legal debt limit on the amount of outstanding bonds. • The charter for the City of Wylie, Texas does not provide a debt limit. V. Specific Debt Ratios and Measurement This section of the debt management policy establishes the target debt ratios and measurements for the City. As the City periodically addresses its ongoing needs, the City Manager and the City Council must ensure that future elected officials will have the flexibility to meet the capital needs of the City. Since neither State law nor the City Charter provides any limits on the amount of debt which may be incurred, this policy establishes targets which should provide future flexibility. Purposes of Issuance - The City will issue debt obligations for acquiring, constructing, reconstructing or renovating Capital Improvements or for refinancing existing debt obligations. Projects must be designed as public purpose projects by the City Council prior to funding. Maximum Maturity - All debt obligations shall have a maximum maturity of the earlier of: a) the estimated useful life of the Capital Improvements being financed; or b) twenty years; or c) in the event they are being issued to refinance outstanding debt obligations, the final maturity of the debt obligations being refinanced, unless a longer term is recommended by the Financial Advisor. Net Debt Per Capita - Is the amount of general bonded debt outstanding for each citizen of a jurisdiction. Net direct debt is the sum of all general obligation bonds outstanding less the year- end balance of the debt service fund. The City shall strive to maintain the current Net Direct Debt Per Capita at or below $2,000.00. Net Debt to Assessed Value - Assessed valuation shows the fiscal capacity of the tax base. The City shall strive to maintain a ratio of Net Direct Debt to Assessed Value of properties in the City at or below four percent (4%). Bond Covenants and Laws - The City shall comply with all covenants and requirements of the bond resolutions, the State and Federal laws authorizing and governing the issuance and administration of debt obligations. Original Issue: September 22, 2020 Presented for approval: September 24, 2024 �J 0912412024 Item H. Wylie City Council Department: Finance Prepared By: Melissa Brown Account Code: , and act upon, approving the Financial Management Policies. to approve the Item as presented. ie purpose of the Financial Management Policies is to formalize financial guidelines for the City. They will assist City staff planning and directing the City's financial affairs and provide a document that codifies these policies in one place. overriding goal of the Financial Management Policies is to enable the City to achieve a long-term stable and positive ncial condition while conducting its operations consistent with the Council -Manager form of government established in City Charter. The basis for the City's Financial Management Policies includes integrity, prudent stewardship, planning, )untability, and full disclosure. scope of the policies span accounting, auditing, financial reporting, internal controls, operating and capital budgeting, me management and expenditure control. Financial Management Policies are approved annually at the end of September. There was an approved revision of icial policies on January 24, 2023 to coordinate with changes approved for the Purchasing Manual to increase )rization levels for appropriations. There are no additional changes since that time in the policy presented. taff recommends approval of the Financial Management Policies. �J 0912412024 Item H. FY 2024-25 } Financial Management Policies Revised: January 24, 2023 Submitted for Review: September 24, 2024 �J 0912412024 Item H. PURPOSE STATEMENT The overriding goal of the Financial Management Policies is to enable the city to achieve a long-term stable and positive financial condition while conducting its operations consistent with the Council -Manager form of government established in the City Charter. The watchwords of the city's financial management include integrity, prudent stewardship, planning, accountability, and full disclosure. The purpose of the Financial Management Policies is to provide guidelines for the financial management staff in planning and directing the city's day-to-day financial affairs and in developing recommendations to the City Manager. The scope of the policies spans accounting, auditing, financial reporting, internal controls, operating and capital budgeting, revenue management, cash management, expenditure control and debt management. II. ACCOUNTING, AUDITING, AND FINANCIAL REPORTING A. ACCOUNTING - The city's Assistant Finance Director is responsible for establishing the chart of accounts, and for properly recording financial transactions. B. FUNDS - Self -balancing groups of accounts are used to account for city financial transactions in accordance with generally accepted accounting principles. Each fund is created for a specific purpose except for the General Fund, which is used to account for all transactions not accounted for in other funds. Funds are created and fund names are changed by City Council. C. EXTERNAL AUDITING - The city will be audited annually by outside independent auditors. The auditors must be a CPA firm of national reputation, and must demonstrate that they have the breadth and depth of staff to conduct the city's audit in accordance with generally accepted auditing standards, generally accepted government auditing standards, and contractual requirements. The auditors' report on the city's financial statements including any federal grant single audits will be completed within 120 days of the city's fiscal year end, and the auditors' management letter will be presented to the city staff within 150 days after the city's fiscal year end. An interim management letter will be issued prior to this date if any materially significant internal control weaknesses are discovered. The city staff and auditors will jointly review the management letter with the City Council within 60 days of its receipt by the staff. D. EXTERNAL AUDITORS RESPONSIBLE TO CITY COUNCIL —The external auditors are accountable to the City Council and will have access to direct communication with the City Council if the city staff is unresponsive to auditor recommendations or if the auditors consider such communication necessary to fulfill their legal and professional responsibilities. E. EXTERNAL AUDITOR ROTATION - The city will not require external auditor rotation, but will circulate requests for proposal for audit services periodically, normally at five-year intervals or less. An award of services to the same audit firm is allowable but will require rotation of the audit partner and audit manager after five consecutive years. The rest period for the audit partner will be a minimum of two years and the rest period for the audit manager will be a minimum of five years. Revised: January 24, 2023 Submitted for Review: September 24, 2024 �J 0912412024 Item H. F. EXTERNAL FINANCIAL REPORTING -The city will prepare and publish an Annual Comprehensive Financial Report (ACFR). The ACFR will be prepared in accordance with generally accepted accounting principles, and will be presented annually to the Government Finance Officers Association (GFOA) for evaluation and possibly awarding of the Certification of Achievement for Excellence in Financial Reporting. The ACFR will be published and presented to the City Council within 120 days after the end of the fiscal year. City staffing limitations may preclude such timely reporting. In such a case, the Finance Director will inform the City Manager and the City Manager will inform the City Council of the delay and the reasons therefore. III. INTERNAL CONTROLS A. WRITTEN PROCEDURES - The Finance Director is responsible for developing city-wide written guidelines on accounting, cash handling, and other financial matters which will be approved by the City Manager. The Finance Department will assist department managers as needed in tailoring these guidelines into detailed written procedures to fit each department's requirements. B. INTERNAL AUDIT - The Finance Department may conduct reviews of the departments to determine if the departments are following the written guidelines as they apply to the departments. Finance will also review the written guidelines on accounting, cash handling and other financial matters. Based on these reviews Finance will recommend internal control improvements as needed. C. DEPARTMENT MANAGERS RESPONSIBLE - Each department manager is responsible to the City Manager to ensure that good internal controls are followed throughout his or her department, that all guidelines on accounting and internal controls are implemented, and that all independent and internal auditor internal control recommendations are addressed. IV. OPERATING BUDGET A. PREPARATION - The city's "operating budget" is the city's annual financial operating plan. It consists of governmental and proprietary funds, including the general obligation Debt Service Fund, but excluding capital projects funds. The budget is prepared by the City Manager with the assistance of the Finance Department and cooperation of all city departments. The City Manager transmits the document to the City Council. The budget should be presented to the City Council no later than August S or a date to be determined by the City Council, and should be enacted by the City Council prior to fiscal year end. The operating budget will be submitted to the GFOA annually for evaluation and possible awarding of the Award for Distinguished Budget Presentation. B. BALANCED BUDGETS -An Operating budget will be balanced, with current revenues, exclusive of beginning resources, greater than or equal to current expenditures/expenses. Revised: January 24, 2023 Submitted for Review: September 24, 2024 �J 0912412024 Item H. C. PLANNING - The budget process will be coordinated so as to identify major policy issues for City Council. D. BUDGETED DRAWDOWN OF RESERVES - One-time purchases may be requested by the City Manager through the budget process, subject to the Fund Balance Policy in section IX of the Policies. E. REPORTING - Periodic financial reports will be prepared to enable the department managers to manage their budgets and to enable the Budget Manager to monitor and control the budget as approved by the City Council. Monthly financial reports will be presented to the City Council. Such reports will include current year revenue and expenditures. F. CONTROL - Operating Expenditure Control is addressed in Section VII of the Policies. G. PERFORMANCE MEASURES AND PRODUCTIVITY INDICATORS — Where appropriate, performance measures and productivity indicators will be used as guidelines and reviewed for efficiency and effectiveness. This information will be included in the annual budgeting process. V. CAPITAL BUDGET AND PROGRAM A. PREPARATION - The city's capital budget will include all capital projects funds and all capital resources. The budget will be prepared annually on a fiscal year basis and adopted by ordinance. The capital budget will be prepared by the City Manager with assistance from the Finance Department and involvement of all required city departments. B. CONTROL -All capital project expenditures must be appropriated in the capital budget. Finance must certify the availability of resources so an appropriation can be made before a capital project contract is presented by the City Manager to the City Council for approval. C. PROGRAM PLANNING - The capital budget will include capital improvements programs for future years. The planning time frame should normally be five years. The replacement and maintenance for capital items should also be projected for the next five years at a minimum. Future maintenance and operations will be fully costed, so that these costs can be considered in the operating budget. D. ALTERNATE RESOURCES - Where applicable, assessments, impact fees, or other user -based fees should be used to fund capital projects which have a primary benefit to certain property owners. E. DEBT FINANCING - Recognizing that debt is usually a more expensive financing method, alternative financing sources will be explored before debt is issued. When debt is issued, it will be used to acquire major assets with expected lives that equal or exceed the average life of the debt issue. The exceptions to this requirement are the traditional costs of marketing and issuing the debt, capitalized labor for design and construction of capital projects, and small component parts which are attached to major equipment purchases. Revised: January 24, 2023 Submitted for Review: September 24, 2024 �J 0912412024 Item H. F. STREET MAINTENANCE -The city recognizes that deferred street maintenance increases future capital costs by an estimated 5 to 10 times. Therefore, the City's goal is to allocate a portion of the General Fund budget each year to maintain the quality of streets. The amount will be established annually so that repairs will be made amounting to a designated percentage of the value of the streets. G. WATER/WASTEWATER MAIN REHABILITATION AND REPLACEMENT - The city recognizes that deferred water/wastewater main rehabilitation and replacement increases future costs due to loss of potable water from water mains and inflow and infiltration into wastewater mains. Therefore, to ensure that the rehabilitation and replacement program is adequately funded, the City's goal will be to dedicate an amount equal to at least 1 % of the undepreciated value of infrastructure annually to provide for a water and wastewater main repair and replacement program. H. REPORTING - Periodic financial reports will be prepared to enable the department managers to manage their capital budgets and to enable the finance department to monitor the capital budget as authorized by the City Manager. VI. REVENUE MANAGEMENT A. SIMPLICITY - The city will strive to keep the revenue system simple which will result in a decrease of compliance costs for the taxpayer or service recipient and a corresponding decrease in avoidance to pay. The city will avoid nuisance taxes, fees, or charges as revenue sources. B. CERTAINTY - An understanding of the revenue source increases the reliability of the revenue system. The city will try to understand its revenue sources, and enact consistent collection policies so that assurances can be provided that the revenue base will materialize according to budgets and plans. C. EQUITY -The city will strive to maintain equity in the revenue system structure. That is, the city will seek to minimize or eliminate all forms of subsidization between entities, funds, services, utilities and customers. However, it is recognized that public policy decisions may lead to subsidies in certain circumstances, e.g., senior citizen property tax exemptions or partial property tax abatement. D. ADMINISTRATION - The benefits of revenue will exceed the cost of producing the revenue. The cost of collection will be reviewed annually for cost effectiveness as a part of the indirect cost, and cost of services analysis. E. REVENUE ADEQUACY - The city will require that there be a balance in the revenue system. That is, the revenue base will have the characteristics of fairness and neutrality as it applies to cost of service, willingness to pay, and ability to pay. F. COST/BENEFIT OF ABATEMENT - The city will use due caution in the analysis of any tax, fee, or water and wastewater incentives that are used to encourage development. A cost/benefit (fiscal Revised: January 24, 2023 Submitted for Review: September 24, 2024 �J 0912412024 Item H. impact) analysis will be performed as a part of such analysis and presented to the appropriate entity considering using such incentive. G. DIVERSIFICATION AND STABILITY - In order to protect the government from fluctuations in revenue source due to fluctuations in the economy, and variations in weather (in the case of water and wastewater), a diversified revenue system will be maintained. H. NON -RECURRING REVENUES - One-time revenues will not be used for ongoing operations. Non -recurring revenues will be used only for non -recurring expenditures. Care will be taken not to use these revenues for budget balancing purposes. I. PROPERTY TAX REVENUES - Property shall be assessed at 100% of the fair market value as appraised by the Collin County Central Appraisal District. Reappraisal and reassessment shall be done regularly as required by State law. A 100% collection rate will serve as a minimum for tax collection. All delinquent taxes will be aggressively pursued, with delinquents greater than 150 days being turned over to the City Attorney or a private attorney, and a penalty assessed to compensate the attorney as allowed by State law, and in accordance with the attorney's contract. Annual performance criteria will be developed for the attorney regarding the collection of delinquent taxes. J. PARKS AND RECREATION 4B SALES TAX REVENUE - Parks and Recreation 413 sales tax revenue shall supplement but not supplant the funding for the Parks and Recreation System in the General Fund and the Recreation Center Department of the Parks and Recreation 413 Sales Tax Revenue Fund. K. USER -BASED FEES - For services associated with a user fee or charge, the direct and indirect costs of that service will be offset by a fee where possible. There will be an annual review of fees and charges to ensure that fees provide adequate coverage of costs and services. User charges may be classed as "full cost recovery," "partial costs recovery," and "minimal cost recovery," based upon City Council policy. L. IMPACT FEES - Impact fees will be imposed for water, wastewater, and transportation in accordance with the requirements of State law. The staff working with the particular impact fee shall prepare a semi-annual report on the capital improvement plans and fees. Additionally, the impact fees will be re-evaluated at least every three years as required by law. M. GENERAL AND ADMINISTRATIVE CHARGES - A method will be maintained whereby the General Fund can impose a charge to the enterprise funds for general and administrative services (indirect costs) performed on the enterprise funds' behalf. The calculation will be based upon the percentage of personnel time and other resources attributed to the Enterprise Fund by each department of the General Fund. The details will be documented and said information will be maintained in the Finance Department for review. Revised: January 24, 2023 Submitted for Review: September 24, 2024 0912412024 Item H. N. UTILITY RATES - The city will review utility rates annually and, if necessary, adopt new rates to generate revenues required to fully cover operating expenditures, meet the legal restrictions of all applicable bond covenants, and provide for an adequate level of working capital needs. This policy does not preclude drawing down cash balances to finance current operations. However, it is best that any extra cash balance be used instead to finance capital projects. O. PARKS AND RECREATION 4B FUND BALANCE - The Parks and Recreation 4B Fund Balance shall be established to protect property tax payers from excessive volatility caused by the fluctuations in the Parks and Recreation 4B sales tax revenue. It will be funded with revenues of the Parks and Recreation 4B Fund. The city's goal will be to maintain the Fund Balance at 25% of the annual Parks and Recreation 4B sales tax budgeted revenue. P. UTILITY FUND BALANCE -The Utility Fund shall maintain a Fund Balance to protect ratepayers from excessive utility rate volatility. It may not be used for any other purpose. It will be funded with surplus revenues of the Utility Fund. The City's goal will be to maintain the Utility Fund Balance at 90 days of budgeted expenditures. Q. INTEREST INCOME - Interest earned from investment of available monies, whether pooled or not, will be distributed to the funds in accordance with the operating and capital budgets which, wherever possible, will be in accordance with the equity balance of the fund from which monies were provided to be invested. R. REVENUE MONITORING - Revenues actually received will be regularly compared to budgeted revenues and variances will be investigated. This process will be summarized in the appropriate budget report. VII. EXPENDITURE CONTROL A. APPROPRIATIONS - The level of budgetary control is the department level budget in the General Fund, and the fund level in all other funds. When budget adjustments (i.e., amendments), among departments and/or funds are necessary these must be approved by the City Council. Budget appropriation amendments at lower levels of control shall be made in accordance with the applicable administrative procedures. B. CONTINGENCY ACCOUNT EXPENDITURES - The General Fund Contingency Account will be budgeted and approved by the City Council as a part of the budget process. The City Manager must approve all contingency account expenditures. C. VACANCY FUNDS — Savings from position vacancies will be reviewed as a part of the midyear budget amendments and savings will be either allocated to other accounts by Council approval or become unbudgeted funds to add to the ending fund balance. D. CENTRAL CONTROL - Significant vacancy (salary) and capital budgetary savings in any department will be centrally controlled by the City Manager. Revised: January 24, 2023 Submitted for Review: September 24, 2024 �J 0912412024 Item H. E. PURCHASING -All purchases shall be made in accordance with the city's purchasing policies as defined in the Purchasing Manual. Authorization levels for appropriations previously approved by the City Council in the Operating Budget are as follows: Division Staff up to $1,000, for Directors up to $3,000, for Purchasing up to $10,000.00, for Finance Director up to $15,000.00. The City Manager can authorize expenditures over $15,000.00 with any purchases exceeding $50,000.00 to be approved by the City Council. F. PROFESSIONAL SERVICES - Professional services contracts will be coordinated through the purchasing agent in compliance with statutory regulations. G. CONTRACT AUTHORITY — By statute, contracts greater than or equal to $50,000.00 must be approved by Council, after which either the Mayor or the City Manager may then sign any necessary documents. By ordinance, contracts less than $50,000.00 may be authorized and signed by the City Manager, provided there is an appropriation for such contract. Signature authority for contracts equal to or less than $10,000 has been delegated by the City Manager to the Purchasing Manager. H. PROMPT PAYMENT - All invoices will be paid within 30 days of receipt in accordance with the prompt payment requirements of State law. Procedures will be used to take advantage of all purchase discounts where considered cost effective. However, payments will also be reasonably delayed in order to maximize the city's investable cash, where such delay does not violate the agreed upon terms. I. INFORMATION TECHNOLOGY - Certain information technology acquisitions will be centrally funded from the Information Technology Division. Acquisitions from this division may include all related professional services costs for researching and/or implementing an information technology project. Annual funding for replacements and for new technology will be budgeted in the IS department with the exception of the Utility Fund. Additional funding above the base amount may be provided for major projects with available one-time sources including debt proceeds and/or grants. J. PREPAID EXPENDITURES— Final determination of expenditure coding in the General Ledger will be assigned to the Finance Department. Expenditure coding must remain consistent. Purchased items must fit the description of the line item they are being charged to. Amounts of $10,000 or more paid in advance or across budget years will be coded as prepaid items and charged to the next budget year. Department Directors are responsible for budgeting and paying these items accordingly. Vill. ASSET MANAGEMENT A. INVESTMENTS - The city's investment practices will be conducted in accordance with the City Council approved Investment Policies. B. CASH MANAGEMENT - The city's cash flow will be managed to maximize the cash available to invest. Revised: January 24, 2023 Submitted for Review: September 24, 2024 J 0912412024 Item H. C. INVESTMENT PERFORMANCE - A monthly report on investment performance will be provided by the Finance Director to the City Manager for presentation to the City Council. D. FIXED ASSETS AND INVENTORY - These assets will be reasonably safeguarded, properly accounted for, and prudently insured. IX. FINANCIAL CONDITION AND RESERVES A. NO OPERATING DEFICITS - Current expenditures will be paid with current revenues. Deferrals, short-term loans, or one-time sources will be avoided as budget balancing techniques. Reserves will be used only for emergencies on non -recurring expenditures, except when balances can be reduced because their levels exceed guideline minimums. B. INTERFUND LOANS - Non -routine interfund loans shall be made only in emergencies where other temporary sources of working capital are not available and with the approval of the City Council. At the time an interfund loan is considered, a plan to repay it prior to fiscal year end shall also be considered. A fund will only lend money that it will not need to spend for the next 365 days. A loan may be made from a fund only if the fund has ending resources in excess of the minimum requirement for the fund. Loans will not be made from the city's enterprise funds (Water/Wastewater, etc.), except for projects related to the purpose of the fund. Total interfund loans outstanding from a fund shall not exceed 15% of the target fund balance for the fund. If any interfund loan is to be repaid from the proceeds of a future debt issue, a proper reimbursement resolution will be approved at the time the loan is authorized. C. FUND BALANCE POLICY 1. Committed Fund Balance — The City Council is the City's highest level of decision - making authority and the formal action that is required to be taken to establish, modify, or rescind a fund balance commitment is a resolution approved by the Council at the City's Council meeting. The resolution must either be approved or rescinded, as applicable, prior to the last day of the fiscal year for which the commitment is made. The amount subject to the constraint may be determined in the subsequent period. 2. Assigned Fund Balance — The City Council has authorized the City Manager as the official authorized to assign fund balance to a specific purpose as approved by this fund balance policy. 3. Order of Expenditure of Funds — When multiple categories of fund balance are available for expenditure, the City will start with the most restricted category and spend those funds first before moving down to the next category with available funds. 4. Minimum General Fund Unassigned Fund Balance — It is the goal of the City to achieve and maintain an unassigned fund balance in the general fund equal to 25% of expenditures. The City considers a balance of less than 20% to be cause for concern, barring unusual or deliberate circumstances. If unassigned fund balance falls below the Revised: January 24, 2023 Submitted for Review: September 24, 2024 �J 0912412024 Item H. goal or has a deficiency, the City will appropriate funds in future budgets to replenish the fund balance based on a time table deemed adequate by the City Council. 5. Minimum Utility Fund Balance — The Utility Fund shall maintain a Fund Balance to protect ratepayers from excessive utility rate volatility. It will be funded with surplus revenues of the Utility Fund. The City's goal will be to maintain the Utility Fund ending Fund Balance at 90 days of budgeted expenditures. 6. Minimum Parks and Recreation 4B Fund Balance —The Parks and Recreation 413 Fund Balance shall be established to protect property tax payers from excessive volatility caused by the fluctuations in the Parks and Recreation 4B sales tax revenue. It will be funded with revenues of the Parks and Recreation 4B Fund. The City's goal will be to maintain the Parks and Recreation 4B Fund ending Fund Balance at 25% of budgeted 4B sales tax revenues. D. RISK MANAGEMENT PROGRAM -The city will aggressively pursue every opportunity to provide for the public's and city employees' safety and to manage its risks. E. ENTERPRISE FUND SELF-SUFFICIENCY -The city's enterprise funds' resources will be sufficient to fund operating and capital expenditures. The enterprise funds will pay (where applicable) their fair share of general and administrative expenses, in -lieu -of -property taxes and/or franchise fees. If an enterprise fund is temporarily unable to pay all expenses, then the City Council may waive general and administrative expenses, in -lieu -of -property taxes and/or franchise fees until the fund is able to pay them. The City Council may pay out-of-pocket expenses that a fund is temporarily unable to pay with interfund loans, to be repaid at a future date. X. DEBT MANAGEMENT Debt Management is addressed in a separate Debt Management Policy. XI. STAFFING AND TRAINING A. ADEQUATE STAFFING - Staffing levels will be adequate for the fiscal functions of the city to function effectively. Overtime shall be used only to address temporary or seasonal demands that require excessive hours. Workload scheduling alternatives will be explored before adding staff. B. TRAINING - The city will support the continuing education efforts of all financial staff including the investment in time and materials for maintaining a current perspective concerning financial issues. Staff will be held accountable for communicating, teaching, and sharing with other staff members all information and training materials acquired from seminars, conferences, and related education efforts. XII. GRANTS FINANCIAL MANAGEMENT Revised: January 24, 2023 Submitted for Review: September 24, 2024 0912412024 Item H. A. GRANT SOLICITATION - The City Manager will be informed about available grants by the departments and will have final approval over which grants are applied for. The grants should be cost beneficial and meet the city's objectives. B. RESPONSIBILITY - Departments will oversee the day to day operations of grant programs, will monitor performance and compliance, and will also keep the Finance Department and Purchasing informed of significant grant -related plans and activities. Departments will also report re - estimated annual revenues and expenses to the Finance Department as needed. Finance Department staff members will serve as liaisons with grantor financial management personnel, will prepare invoices, and will keep the books of account for all grants. All goods and services obtained through grants are subject to City purchasing policies and must be coordinated with the purchasing agent. XII1. ANNUAL REVIEW AND REPORTING A. These Policies will be reviewed administratively by the City Manager at least annually, and will be presented to the City Council by the Finance Department for confirmation of any significant changes. B. The Finance Director will report annually to the City Manager on compliance with these policies. Revised: January 24, 2023 Submitted for Review: September 24, 2024 �J 0912412024 It" I. 1A1 N CITY OF WYLIE Department: Finance Prepared By: Melissa Brown Account Code: Wylie City Council I and act upon, Resolution No. 2024-25(R) approving the current Investment Policy as required by the Texas ient Code, Chapter 2256, Public Funds Investment Act, Subchapter A - Authorized Investments for Governmental to approve the Item as presented. exas Government Code requires that the governing body of an investing entity review its Investment Policy not less than anually. The governing body should adopt a written instrument by rule, order, ordinance, or resolution stating that it has -viewed the Investment Policy and that the written instrument so adopted shall record any changes made to the Investment olicy. There are no changes to the policy this year. 0912412024 Item I. RESOLUTION NO. 2024-25(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, APPROVING THE CURRENT INVESTMENT POLICY, PROVIDING FOR SCOPE OF THIS POLICY, PROVIDING FOR INVESTMENT OBJECTIVES, PROVIDING FOR AN INVESTMENT COMMITTEE, PROVIDING FOR DELEGATION OF AUTHORITY, PROVIDING INVESTMENT STRATEGIES BY POOLED FUND GROUPS, PROVIDING FOR STANDARD OF CARE, PROVIDING FOR OTHER INVESTMENT GUIDELINES, PROVIDING FOR INVESTMENTS AUTHORIZED BY PUBLIC FUNDS INVESTMENT ACT AND INVESTMENTS UNAUTHORIZED BY THE CITY, PROVIDING FOR PORTFOLIO DIVERSIFICATION AND MATURITY LIMITS, PROVIDING FOR SELECTION OF BROKERS/DEALERS, PROVIDING FOR SELECTION OF DEPOSITORIES, PROVIDING FOR SAFEKEEPING AND CUSTODY, PROVIDING FOR RECORD KEEPING AND REPORTING, PROVIDING FOR ETHICS AND CONFLICTS OF INTEREST, PROVIDING FOR POLICY REVISIONS; AND MAKING VARIOUS FINDINGS AND PROVISIONS RELATED TO THE SUBJECT. WHEREAS, the Public Funds Investment Act, as amended, requires the City of Wylie to adopt the investment policy by rule, order, ordinance or resolution; and WHEREAS, the Investment Policy was originally approved December 12, 2006; and WHEREAS, the Investment Policy complies with the Texas Government Code, Chapter 2256, Public Funds Investment Act, Subchapter A — Authorized Investments for Governmental Entities and Subchapter B — Miscellaneous Provisions as amended, and authorizes the investment of City funds in safe and prudent investments. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1. The City of Wylie has complied with the requirements of the Public Funds Investment Act and the Investment Policy, attached hereto, is adopted as the Investment Policy of the City effective September 24, 2024. DULY PASSED AND ADOPTED by the City Council of the City of Wylie, Texas this 24th day of September 2024. Matthew Porter, Mayor Stephanie Storm, City Secretary Resolution No. 2024-25(R) Amendment of Investment Policy Page 1 of 1 0912412024 Item I. City of Wyllie, Texas INVESTMENT POLICY CATY OF , TEXAS INVESTMENT POLICY Submitted for Review September 24, 2024 �J 0912412024 It" I. Table of Contents 1. INTRODUCTION 11. SCOPE III. OBJECTIVES Safety Liquidity Diversification Yield IV. INVESTMENT COMMITTEE V. DELEGATION OF AUTHORITY V1. INVESTMENT STRATEGY Operating Funds Debt Service Funds Debt Service Reserve Funds Special Projects and Special Purpose Funds VII. STANDARD OF CARE VIII. INVESTMENTS AUTHORIZED BY THE CITY Ix. OTHER INVESTMENT GUIDELINES X. DIVERSIFICATION AND MATURITY LIMITS X1. SELECTION OF BROKER/DEALERS XII. SAFEKEEPING AND CUSTODY XIII. RECORD KEEPING AND REPORTING XIV. ETHICS AND CONFLICTS OF INTEREST XV. POLICY REVISIONS APPENDIX A - BROKER/DEALER QUESTIONNAIRE APPENDIX B - CERTIFICATION BY DEALER 2 2 3 3 3 3 3 3 4 5 5 6 6 7 8 9 �J 0912412024 Item I. .,ITY E y k, INVESTMENT POLICY I. INTRODUCTION Chapter 2256 of Title 10 of the Local Government Code (hereinafter referred to as the "Public Funds Investment Act") prescribes that each city is to adopt written rules governing its investment practices and to define the authority of the investment officer. The following Investment Policy addresses the methods, procedures, and practices which must be exercised to ensure effective and judicious fiscal management of the City's funds. This Policy shall not apply to the selection, retention or other issues concerning the depositories of the City's funds in demand deposits as provided under Chapter 105 of the Local Government Code. II. SCOPE This Policy shall apply to the investment and management of all funds of the City under its control, other than those expressly excluded herein or by applicable law or valid agreement. This Policy shall not supersede the restrictions on investment and use applicable to any specific fund and, in the event of any conflict between this Policy and the requirements of any fund subject hereto, the specific requirement applicable to such fund shall be followed as well as all other provisions of this Policy other than those in conflict. The Employees Deferred Compensation Agency Fund is excluded from coverage under this Policy. In order to make effective use of the City's resources, all monies shall be pooled into one bank account, except for those monies required to be accounted for in other bank accounts as stipulated by applicable laws, bond covenants or contracts. The bank account will be maintained by pooled fund group for purposes of implementing pooled fund strategies and reporting. The income derived from this pooled investment account shall be distributed by fund in accordance with the City's internal procedures. III. OBJECTIVES The City's principal investment objectives, in order of priority, are listed below. Safety. The primary objective of the City's investment activity is the preservation of principal (capital) in the overall portfolio. Each investment transaction shall seek first to ensure that capital losses are avoided, whether the loss occurs from the default of a security or from erosion of market value. Liquidity. The City's investment portfolio will remain sufficiently liquid to enable the City to meet operating requirements that might be reasonably anticipated. Liquidity shall be achieved by matching investment maturities with forecasted cash flow requirements, by investing in securities with active secondary markets, and by using state or local investment pools. Diversification. The governing body recognizes that in a diversified portfolio, occasional measured losses due to market volatility are inevitable, and must be considered within the context of the overall portfolio's return, provided that adequate diversification has been implemented. Therefore, assets held in the common investment portfolio shall be diversified to eliminate the risk of loss resulting from one concentration of assets in a specific maturity, a specific issuer or a specific class of securities. Yield. The investment portfolio goal (benchmark) against which the yield is compared will be established from time to time by the Finance Director. Recommendations by the Investment Committee will be considered when the performance measure is being established. Efforts to seek higher than the above goal must be consistent with risk limitations identified in this policy and prudent investment principles. The City's investment portfolio shall be designed with the objective of attaining a rate of return which is consistent with the risk limitations and cash flow characteristics of the City's investments. IV. INVESTMENT COMMITTEE An investment committee consisting of the City Manager, the Director of Finance and the Assistant 0912412024 Item I. .,ITY E y k, INVESTMENT POLICY Director of Finance will meet annually before the beginning of a new fiscal year. The Investment Committee shall be authorized to invite advisors to the meetings as needed. The investment officer will present a brief report of investment activities to the Investment Committee. The primary objectives of the committee will be to (1) make recommendations regarding investment strategies (2) approve a list of authorized brokers, dealers, banks, savings and loans, credit unions, and pools (3) recommend a list of authorized training sources for the state mandated investment training and (4) monitor program results. The committee shall include in its deliberations such topics as performance reports, economic outlook, portfolio diversification, maturity structure, potential risk to the city's funds, and the target rate of return on the investment portfolio. V. DELEGATION OF AUTHORITY Management responsibility for the investment program is delegated by the City Council to the City Manager who will designate the Finance Director as Investment Officer (hereinafter referred to as the "Director"). The Director's authority will at all times be limited by conformance with all Federal regulations, State of Texas statutes and other legal requirements including the City Charter and City Ordinances, including this Policy. The Director shall develop and maintain written administrative procedures for the operation of the investment program consistent with this Policy. The controls shall be designed to prevent, identify and control losses of public funds arising from deviation from this Policy, fraud, employee error, and misrepresentation by third parties, or imprudent actions by employees and officers of the City. With written approval from the City Manager, the Director may delegate any phase of the investment management program to members of the City staff. Such approval shall state specifically the functions such person is authorized to perform or that the person is authorized to perform all activities of the Director under this Policy. The Director shall obtain and maintain, at the City's expense, fidelity bonds for himself and each of his designees in amounts determined adequate by the Director (which shall not be less than five percent of the amounts subject to this Policy) for each fiscal year as shown by the approved budget. No person may engage in an investment transaction except as provided under the terms of this Policy and the internal procedures established by the Director. A current list of persons authorized to transact investment business and wire funds on behalf of the City shall be maintained by the Director. At the discretion of either the City Manager or the Director and in any event upon the termination or reassignment of any member of the Director's staff authorized to conduct transactions for the City pursuant to this Policy, the authority of such person shall be revoked and such revocation of authority shall be immediately communicated by the Director orally and in writing to each and every depository, broker/dealer, investment advisor, custodian and other agency or entity with whom the City has any existing or continuing relationship in the management of its investments. VI. INVESTMENT STRATEGY The City of Wylie maintains a pooled investment portfolio. The pooled portfolio utilizes specific investment strategies designed to address the unique characteristics of the pooled investment portfolio. The pooled investment portfolio includes Operating Funds, Debt Service Funds, Debt Service Reserve Funds, Capital Projects and Special Purpose Funds. Investment strategies for these different groups are detailed below. (1) Investment strategies for operating, debt service, capital project, and special purpose funds have �J 0912412024 Item I. .,ITY E y k, INVESTMENT POLICY as their primary objective to assure that anticipated cash outflows are matched with adequate investment liquidity. The secondary objective is to create a portfolio structure which will experience minimal volatility during economic cycles. (2) The investment strategy for the debt service reserve funds shall have as the primary objective the ability to generate a dependable revenue stream from securities with a low degree of volatility. Securities should be of high quality, with short to intermediate term maturities. Except as may be required by a bond ordinance, securities should be of high quality with short to intermediate -term maturities. VII. STANDARD OF CARE Investments shall be made with judgment and care, under prevailing circumstances, that a person of prudence, discretion, and intelligence would exercise in the management of the person's own affairs, not for speculation, but for investment, considering the probable safety of capital and the probable income to be derived. Investment of funds shall be governed by the following investment objectives, in order of priority: (1) preservation and safety of principal; (2) liquidity; and (3) diversification; and (4) yield. In determining whether an investment officer has exercised prudence with respect to an investment decision, the determination shall be made taking into consideration: (1) the investment of all funds, or funds under the City's control, over which the officer had responsibility rather than a consideration as to the prudence of a single investment; and (2) whether the investment decision was consistent with the written investment policy of the City. The Director and his staff shall recognize that the investment activities of the City are a matter of public record. Therefore, all participants in the investment process shall seek to act responsibly as custodians of the public trust. Investment officials shall avoid any transactions that might impair public confidence in the City's ability to govern effectively. VIII. INVESTMENTS AUTHORIZED BY THE CITY OF WYLIE Authorized investments for municipal governments in the State of Texas are set forth in the Public Funds Investment Act, as amended (Section 2256.009- 2256.019, Government Code). However, suitable investments for the City of Wylie are limited to the following. (1) Direct obligations of the United States or its agents and instrumentalities with a stated maturity of 5 years or less. (2) Certificates of deposit issued in the State of Texas with a maximum maturity of 2 years or less and insured by the Federal Deposit Insurance Corporation. (3) Fully collateralized direct repurchase agreements with a defined termination date of 2 years or less which are secured by obligations of the United States or its agencies and instrumentalities and pledged with a third party in the City's name. The agreement must be placed through a primary government securities dealer, as defined by the Federal Reserve, or by a financial institution doing business in the State of Texas. Each issuer of repurchase agreements shall be required to sign a master repurchase agreement. (4) Approved investment pools as described in Section 2256.016 which are continuously 0912412024 Item I. .,ITY E y k, INVESTMENT POLICY rated no lower than AAA, AAAm or an equivalent rating by at least one nationally recognized rating agency and have a weighted average maturity no greater than 90 days. IX. OTHER INVESTMENT GUIDELINES The City seeks active management of its portfolio assets. In order to meet the objectives of this Policy, the City may from time to time sell securities that it owns in order to better position its portfolio assets. Sales of securities prior to maturity shall be documented and approved by the Director before such a transaction is consummated. Sales of securities yielding net proceeds less than 92% of the book value of the securities must be approved in advance and in writing by the City Manager. Three examples of situations involving the sale of securities prior to maturity are (1) swap - to sell an investment to realize a capital gain, (2) To better position selected investments due to a change in market conditions, (3) To react to emergency liquidity demands. Each investment transaction must be based upon competitive quotations received from at least three broker/dealers who have been approved by the City in accordance with Texas law. The purchase and sale of all securities shall be on a delivery versus payment or payment versus delivery basis (i.e., for securities purchases, monies will not be released by the City's safekeeping bank until securities are received at the Federal Reserve Bank for further credit to the City's safekeeping bank. In the case of securities sales, monies will be received by the City's safekeeping bank via the Federal Reserve Bank as the securities are simultaneously released to the purchaser). In this manner the City will always have possession of either its securities or its monies. X. DIVERSIFICATION AND MATURITY LIMITS It is the policy of the City to avoid concentration of assets in a specific maturity, a specific issue, or a specific class of securities, with the exception of U.S. Treasury issues. The asset allocation in the portfolio should, however, be flexible depending upon the outlook for the economy and the securities markets. The City will not exceed the following maximum limits as a percentage of the total portfolio for each of the categories listed below: Max. % of Max. Investment Category Portfolio Maturity Obligations of the United 100% 5 years States or its agencies and instrumentalities. Certificates of Deposit 25% 18 mon. Repurchase Agreements 100% 2 years NOT Reverse Repurchase Agreements The Director shall evaluate how each security purchased fits into the City's overall investment strategy. At all times the City shall maintain 10 percent of its total investment portfolio in instruments maturing in 90 days or less. The weighted average maturity of all securities and certificates of deposit in the City's total investment portfolio at any given time (not including cash or demand deposits) shall not exceed 2 years. XI. SELECTION OF BROKERS/DEALERS The City shall maintain a list of broker/dealers and financial institutions which have been approved for investment purposes by the investment committee. (For the purpose of this investment policy, Broker/dealer will be used to refer to any brokerage �J 0912412024 Item I. .,ITY E y k, INVESTMENT POLICY firm, bank, investment pool, or financial institution with which the City does investment business). Securities may only be purchased from those authorized institutions and firms. The authorized broker/dealers will be reviewed at least annually. To be eligible, a broker/dealer must meet at least one of the following criteria: 1) be recognized as a Primary Dealer as defined by the New York Federal Reserve Market Reports Division; or 2) complies with Securities and Exchange Commission Rule 150-1, the Uniform Net Capital Requirement Rule. If the City's depository bank also provides custodial and safekeeping services for the City, the bank may not be included as an authorized broker/dealer for the City. However, non-negotiable Certificate of Deposits are exempt from this policy. Broker/dealers will be selected and recommended to the investment committee by the Director on the basis of their financial stability, expertise in cash management and their ability to service the City's account. Each broker/dealer that has been authorized by the City shall be required to submit and annually update a Broker/Dealer Information Request form which includes the firm's most recent financial statements. The Director shall maintain a file which includes the most recent Broker/Dealer Information Request forms submitted by each firm approved for investment purposes. A copy of the submitted Broker/Dealer Information Request forms as well as a list of those broker/dealers approved by the City shall be maintained by the Director (See Appendix A). The City of Wylie will provide all approved securities dealers with a copy of the City's Investment Policy. A principal in the firm must execute a written statement acknowledging receipt and review of the policy and a statement acknowledging that reasonable procedures and controls have been implemented to preclude imprudent investment activities being conducted between the entity and the securities firm (See Appendix B). All approved broker/dealer firms must have a completed City of Wylie broker/dealer questionnaire, investment policy, written acknowledgment per above guidelines, executed master repurchase agreement, if applicable, and current financial information on file. Certification language should be mutually acceptable to both parties. An investment officer of the City may not buy any securities from a person who has not delivered to the City an instrument substantially in the form provided by this policy. The Director shall review the quality of service and financial stability of each broker/dealer and financial institution approved under this Section at least annually. Any approved broker/dealer or financial institution may be removed from the list of approved broker/dealers with the approval of the Director, if in the opinion of the Director, the firm has not performed adequately or its financial position is considered inadequate. XII. SAFEKEEPING AND CUSTODY Investment securities purchased for the City will be delivered by either book entry or physical delivery and shall be held in third -party safekeeping by a Federal Reserve Member financial institution designated as the City's safekeeping and custodian bank. The City may designate more than one custodian bank. The City shall execute a Safekeeping Agreement with each bank prior to utilizing the custodian's safekeeping services. Only a state or national bank located within the State of Texas may be utilized as a custodian of securities pledged to secure certificates of deposit. The safekeeping agreement must provide that the safekeeping bank will immediately record and promptly issue and deliver a signed safekeeping receipt showing the receipt and the identification of the security, as well as the City's interest. The Director shall maintain a list of designated custodian banks and a copy of the Safekeeping Agreement executed with each custodian bank. The City must approve release of securities in writing prior to their removal from the custodial account. A telephone facsimile of a written authorization shall be sufficient if the custodian orally confirms receipt of 0912412024 Item I. .,ITY E y k, INVESTMENT POLICY the transmission and an exact copy of the document is retained in the City's files. In no event shall the custodial bank be an authorized depository bank, issuer of repurchase agreements in which the City invests or broker/dealer of securities on behalf of the City. All securities shall be confirmed in the name of the City and delivered to an approved custodial bank or carried at a Federal Reserve Bank in the name of the City. The Custodian shall not otherwise deposit purchased or pledged securities. All book entry securities owned by the City shall be evidenced by a safekeeping receipt issued to the City and signed by the appropriate officer at the custodian bank stating that the securities are held in the Federal Reserve System in a CUSTOMER ACCOUNT naming the City as the "customer." In addition, the custodian bank will, when requested, furnish a copy of the delivery advice received by the custodian bank from the Federal Reserve Bank. All certificated securities (those transferred by physical delivery) shall: 1) be held by an approved custodian bank or any correspondent bank in New York City approved by the Director; and 2) the correspondent bank or the City's safekeeping bank shall issue a safekeeping receipt to the City evidencing that the securities are held by the correspondent bank for the City. The original safekeeping receipt for each transaction including purchased securities under a repurchase agreement and collateral securing deposits will be forwarded to the Director or his designee and held in a secured file by the City. A record shall be maintained of all bids and offerings for securities transactions in order to ensure that the City receives competitive pricing. All transactions shall be documented by the person authorizing the transaction in a form that shows that person's name, the party instructed to execute the transaction, the date, a description of the transaction and a brief statement of the reason(s) for the transaction. At least annually, the Director shall verify that all securities purchased by or pledged to the City are on hand in appropriate form. The City, in conjunction with its annual financial audit, shall perform a compliance audit of management controls on investments and adherence to the City's established investment policies. Each depository of the City's funds shall maintain separate, accurate and complete records relating to all deposits of the City's funds, the securities pledged to secure such deposits and all transactions relating to the pledged securities. Each approved custodian shall maintain separate, accurate and complete records relating to all securities received on behalf of the City, whether pledged, purchased or subject to repurchase agreement, as well as all transactions related to such securities. In addition, each depository shall file all reports required by the Texas State Depository Board. Each depository and custodian shall agree to make all the records described in this paragraph available to the Director or designee and the City's auditors at any reasonable time. All broker/dealers, custodians, depositories and investment advisors shall maintain complete records of all transactions that they conducted on behalf of the City and shall make those records available for inspection by the Director or other representatives designated by the City Council or City Manager. All sales of securities for less than the book value of the security shall be approved by the Director. Sales of securities for less than 92 percent of the book value of the securities must be approved by both the City Manager and the Director. A monthly investment report shall be prepared by staff and signed by the Director, listing all of the investments held by the City, beginning and ending market value for period, the current market valuation of the investments and transaction summaries, including a detailed list of the gains and losses �J 0912412024 Item I. .,ITY E y k, INVESTMENT POLICY recognized. The market value will be determined by: (1) written reports such as the Wall Street Journal; (2) on-line services such as Bloomberg; or (3) through a primary dealer or national bank that is independent of the specific security being valued. The report must state the pooled fund group for each asset/security. The report shall list the total investment return for the month. If invested in securities, the City's audit firm must review the monthly reports annually and the result of the review shall be reported to the City Council by that auditor. Within 90 days after the end of the City's fiscal year, the Director shall prepare, sign and deliver to the City Manager and the City Council an annual report on the City's investment program and investment activity which has also been signed by each officer and employee of the City authorized to conduct any of the City's investment activity. The annual report shall include full year investment returns. Such annual report shall include an analysis of the compliance with this Policy as well as changes in the applicable laws and regulations during the previous year and may include any other items of significance related to the investment program. The annual investment report will be reviewed as a part of the annual audit. X LTA 0 a 16119 011H 00ll Officers and employees of the City involved in the investment process shall refrain from personal business activity that involves any of the City's approved custodians, depositories, broker/dealers or investment advisors. Employees and officers shall not utilize investment advice concerning specific securities or classes of securities obtained in the transaction of the City's business for personal investment decisions, shall in all respects subordinate their personal investment transactions to those of the City, particularly with regard to the timing of purchases and sales and shall keep all investment advice obtained on behalf of the City and all transactions contemplated and completed by the City confidential, except when disclosure is required by law. An investment officer of the City who has a personal business relationship with an organization seeking to sell an investment to the City shall file a statement disclosing that personal business interest. An investment officer who is related within the second degree by affinity or consanguinity to an individual seeking to sell an investment to the City shall file a statement disclosing that relationship. A statement required under this subsection must be filed with the Texas Ethics Commission and the governing body of the City. XV. POLICY REVISIONS This Investment Policy will be reviewed at least annually by the City Manager, the Director of Finance and the Assistant Director of Finance and revised when necessary. All revisions shall be approved by the City Council. J 1 0912412024 Item J. I Department: Prepared By: Finance Melissa Brown Wylie City Council FAc D J4L11m " : Account Code: , and act upon, the City of Wylie Monthly Revenue and Expenditure Report for August 31, 2024. otion to approve the Item as presented. Finance Department has prepared the attached reports for the City Council as required by the City Charter. �J 09124120241tem J. CITY OF WYLIE MONTHLY FINANCIAL REPORT August 31, 2024 ANNUAL CURRENT YTD ACTUAL Benchmark BUDGET MONTH ACTUAL YTD ACTUAL AS A PERCENT 91.67% ACCOUNT DESCRIPTION 2023-2024 2023-2024 2023-2024 OF BUDGET GENERAL FUND REVENUE SUMMARY TAXES 39,807,333 968,408 37,899,541 95.21% A FRANCHISE FEES 2,953,146 137,268 2,578,328 87,31% LICENSES AND PERMITS 1,275,000 77,994 923,222 72.41% B INTERGOVERNMENTAL REV. 2,615,790 809,298 2,879,984 110.10% SERVICE FEES 4,343,203 391,908 4,163,746 95.87% C COURT FEES 340,000 32,583 317,468 93.37% INTEREST INCOME 1,526,221 114,303 1,357,822 88.97% D MISCELLANEOUS INCOME 278,974 861 135,082 48.42% OTHER FINANCING SOURCES 2,646,411 25,897 2,741,860 103.61% E REVENUES 55,786,078 2,558,519 52,997,053 95.00% USE OF FUND BALANCE 0 0 0 0.00% USE OF CARRY -FORWARD FUNDS 1,914,392 NA NA NA F TOTAL REVENUES 57,700,470 2,558,519 52,997,053 91.85% GENERAL FUND EXPENDITURE SUMMARY CITY COUNCIL 96,263 2,565 46,351 48.15% CITY MANAGER 1,415,470 109,479 1,185,252 83.74% CITY SECRETARY 475,498 30,698 397,531 83.60% CITYATTORNEY 320,000 33,151 205,377 64.18% G FINANCE 1,468,291 77,137 1,275,144 86.85% FACILITIES 1,088,538 49,629 865,154 79.48% MUNICIPAL COURT 670,643 45,749 555,825 82,88% HUMAN RESOURCES 959,346 73,703 847,732 88.37% PURCHASING 365,626 24,747 313,581 85.77% INFORMATION TECHNOLOGY 2,290,645 106,215 1,949,681 85.11% POLICE 14,723,658 1,138,648 13,028,178 88.48% FIRE 16,999,067 1,178,358 13,689,695 80.53% EMERGENCY COMMUNICATIONS 2,666,998 135,873 1,880,945 70.53% ANIMAL CONTROL 1,611,165 57,964 573,580 35.60% H PLANNING 398,033 30,237 321,442 80.76% BUILDING INSPECTION 583,423 34,924 454,213 77.85% CODE ENFORCEMENT 233,061 15,844 172,585 74.05% STREETS 4,282,884 250,493 2,936,280 68.56% PARKS 2,859,331 275,394 2,306,894 80.68% LIBRARY 2,429,934 191,935 2,086,441 85.86% COMBINED SERVICES 6,669,169 623,943 4,331,743 64.95% TOTAL EXPENDITURES 62,607,043 4,486,686 49,423,625 78.94% REVENUES OVER/(UNDER EXPENDITURES -4,906,573 -1,928,167 3,573,429 12.91% A. Property Tax Collections for FY23-24 as of August 31, 2024 are 99.69%, in comparison to FY22-23 for the same time period of 99.31 %. Sales tax is on a 2 month lag and only nine months have been received. Sales Tax is up 6.23% compared to same time period in previous year. B. Building Permits are down 30% from FY 2023-24. Permits fluctuate monthly. Commercial permit fees are down due to a decrease in the size of the new commercial buildings. C. Service Fees: Trash fees are on a one month lag and only ten months have been received. The remaining fees are from other seasonal fees. D. Interest Rates have remained relatively flat over the last year. Fund Balance has decreased due to large transfers to capital funds. E. Yearly transfer from Utility Fund and insurance recoveries. F. Largest Carry Forward items: $150,000 for PW/Community Services Software, $288,000 for police and streets vehicles, $338,840 for ambulance, $119,102 for APX Mobile Radios, $600,000 for Woodbridge/Hensley Traffic Signal. G. Expected attorney fees have not been expensed yet. H. $800,000 remodel has not been expensed. Money is encumbered at this time. �J 1 0912412024 Item J. I CITY OF WYLIE MONTHLY FINANCIAL REPORT August 31, 2024 ANNUAL CURRENT YTD ACTUAL Benchmark BUDGET MONTH ACTUAL YTD ACTUAL AS A PERCENT 91.67% ACCOUNT DESCRIPTION 2023-2024 2023-2024 2023-2024 OF BUDGET UTILITY FUND REVENUES SUMMARY SERVICE FEES 29,434,997 3,278,659 24,428,905 82.99% 1 INTEREST INCOME 719,896 115,239 1,158,823 160.97% 1 MISCELLANEOUS INCOME 70,000 2,195 132,550 18936% OTHER FINANCING SOURCES 0.00% REVENUES 30,224,893 3,396,093 25,720,278 85.10% USE OF FUND BALANCE 0 NA 0 0 USE OF CARRY -FORWARD FUNDS 1,449,523 NA NA NA K TOTAL REVENUES 31,674,416 NA 25,720,278 81.20% UTILITY FUND EXPENDITURE SUMMARY UTILITY ADMINISTRATION 676,207 22,088 451,941 66,83% UTILITIES - WATER 3,991,099 158,193 2,593,073 64.97% CITY ENGINEER 1,454,133 86,768 974,223 67.00% UTILITIES - SEWER 1,624,586 104,399 1,221,435 75.18% UTILITY BILLING 1,584,910 100,262 1,088,494 68.68% COMBINED SERVICES 20,218,615 1,422,926 17,778,304 87.93% TOTAL EXPENDITURES 29,549,550 1,894,635 24,107,470 81.58% REVENUES OVERI(UNDER) EXPENDITURES 2,124,865 1,501,457 1,612,807 -0.38% I. Most Utility Fund Revenue is on a one month lag and only ten months have been received. J. Interest Rates have remained relatively flat over the last year. Fund Balance has increased. K. Largest Carry Forward items: PW/Community Services Software $135,730, Lead and Copper Revision $150,964, Water Pump Station Backup Generators $736,937 and Dogwood Drive Waterline Replacement $100,000. 0912412024 Item K. Department: Prepared By: Finance Melissa Brown Account Code: Wylie City Council , and place on file, the City of Wylie Monthly Investment Report for August 31, 2024. to approve the Item as presented. Finance Department has prepared the attached reports for the City Council as required by the City Charter. 0912412024 Item K. City Of Wylie 2023-2024 Investment Report August 31, 2024 Money Market Accounts: MMA Certificates of Deposit: CCD Treasury Bills: T Bills Treasury Notes: T-Notes Government Agency Notes: AN Invest. Principal 1 Type Of Interest Purchase Maturity Number Amount Security Rate Issuer Date Date 1 $17,042,664.13 MMA 5.2977% Texpool 12/31/2006 NA 2 $17,634,671.62 MMA 5.2939% TexStar 3/15/2011 NA $34,677, 335.75 Total Weighted Average Coupon: 5.2958% Money Markets: $34,677,335.75 Weighted Average Maturity (Days): 1.00 Certificates of Deposits: $0.00 $34,677,335.75 Weighted Average Coupon $.5DD0% 5.0000% 4.0000% Aug 2023 Sep 2023 Oct 2023 Nov 2023 - Dec 2023 Jan 2024 ' Fab 2024 Mar 2024 Apr 2024 May 2024 Jun 2024 Jul 2024 Aug 2024 Finance Director/Investment Officer 74 0912412024 Item L. Department: Prepared By: Finance Melissa Brown Wylie City Council Account Code: Exhibit A rider, and act upon, Ordinance No. 2024-30 amending Ordinance No. 2023-39, which established the budget for fisca 2023-2024; providing for repealing, savings and severability clauses; andproviding for an effective date of this ordinance to approve the Item as presented. Parks and Recreation Department is requesting an amendment to the General Fund water budget in the amount of 1000. This adjustment is necessary due to a history of exceeding the allocated water budget for the past three years. water budget was increased by $25,000 for the current fiscal year (2023-2024); however, recent developments, including addition of the new Dog Park and the field renovations at Founders Park, have resulted in even greater water usage than icipated, further contributing to the shortfall. the Parks and Recreation Department is seeking an additional $200,000 in funding to address the increased water )n and ensure the department can cover water expenses related to both the new park facilities and ongoing 0912412024 Item L. ORDINANCE NO. 2024-30 AN ORDINANCE OF THE CITY OF WYLIE, TEXAS, AMENDING ORDINANCE NO. 2023-39, WHICH ESTABLISHED THE BUDGET FOR FISCAL YEAR 2023- 2024; REPEALING ALL CONFLICTING ORDINANCES; PROVIDING FOR A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council heretofore adopted Ordinance No. 2023-39 setting forth the Budget for Fiscal Year 2023-2024 beginning October 1, 2023, and ending September 30, 2024; and, WHEREAS, the City Departments and Divisions routinely review their budget appropriations to determine if any changes are necessary; and WHEREAS, based upon said review the City staff now recommends that certain amendments to the Budget be considered by the City Council; see Exhibit A; and, WHEREAS, the City Council has the authority to make amendments to the City Budget under Article VII, Section 4 of the City Charter, as well as State law; and, WHEREAS, the City Council has determined that the proposed amendments to the FY 2023-2024 Budget; see Exhibit A, with the revenues and expenditures therein contained, is in the best interest of the City; and therefore, desires to adopt the same by formal action. NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF WYLIE, TEXAS: SECTION I: The proposed amendments to the FY 2023-2024 Budget of the City of Wylie, Exhibit A, as heretofore adopted by Ordinance No. 2024-30, are completely adopted and approved as amendments to the said FY 2023-2024 Budget. SECTION II: All portions of the existing FY 2023-2024 Budget and Ordinance No. 2023-39, except as specifically herein amended, shall remain in full force and effect, and not be otherwise affected by the adoption of the amendatory ordinance. SECTION III: Should any paragraph, sentence, sub -division, clause, phrase or section of this ordinance be adjudged or held to be unconstitutional, illegal or invalid, the same shall not affect the validity of this ordinance as a whole or any part or provision thereof, other than the part or parts as declared to be invalid, illegal, or unconstitutional. SECTION IV: This ordinance shall be in full force and effect from and after its adoption by the City Council and publication of its caption as the law and the City Charter provide in such cases. SECTION V: That all other ordinances and code provisions in conflict herewith are hereby repealed to the extent of any such conflict or inconsistency and all other provisions of the Wylie City Code not in conflict herewith shall remain in full force and effect. SECTION VI: The repeal of any ordinance, or parts thereof, by the enactment of the Ordinance, shall not be construed as abandoning any action now pending under or by virtue of such ordinance; nor shall it have the effect of discontinuing, abating, modifying or altering any penalty accruing or to accrue, Ordinance No. 2024-30 — Budget Amendment FY 2023-2024 Page 1 of 2 �J 0912412024 Item L. nor as affecting any rights of the municipality under any section or provision of any ordinances at the time of passage of this ordinance. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, this 24th day of September, 2024. Matthew Porter, Mayor ATTEST: Stephanie Storm, City Secretary Ordinance No. 2024-30 — Budget Amendment FY 2023-2024 Page 2 of 2 0912412024 Item L. Budget Amendment General Fund - General Fund Parks Water Exhibit A Fund Department Account Number Account Description Debit Credit 100 5511 56630 Utilities - Water 200,000.00 General Fund 200,000.00 0.00 �J 0912412024 Item 9. Department: Prepared By: Planning Jasen Haskins Account Code: Wylie City Council ,ider, and act upon, Ordinance No. 2024-31 amending Wylie's Code of Ordinances, Ordinance No. 2021-17, as amend( )ter 42 (Environment), Article II (Noise), Section 42-22(5) (Prohibited Acts; Enumeration); to include federal holidays h construction is generally prohibited; providing for repealing, savings and severability clauses; providing for an effecti of this ordinance; and providing for the publication of the caption hereof. to approve Item as presented. City Ordinance prohibits construction and construction related activities except between the hours of 7:00 a.m.-9:00 p.m. .day -Saturday. This prohibition controls noise during nighttime hours and on Sundays; however, the ordinance does not unt for federal holidays, which can occur during normally allowed construction days and times. iff is recommending an amendment to Section 42-22(5) of the City of Wylie Code of Ordinances to include federal holidays, which there are currently 1.1, in the days in which construction and construction related activities are prohibited. amended Ordinance will read as follows: The following activities producing loud and disturbing noise shall be prohibited: "The construction, erection, excavation, demolition, alteration or repair work on any building, or the delivery of materials on or for any such construction site, at any time other than between the hours of 7:00 a.m. and 9:00 p.m., Monday through Saturday, or on federal holidays; provided, however, that the city manager or his designee may issue special permits for such work or deliveries at other times in case of urgent necessity and in the interest of public safety and convenience." J 0912412024 Item 1. ORDINANCE NO. 2024-31 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, AMENDING WYLIE'S CODE OF ORDINANCES, ORDINANCE NO.2021-17, AS AMENDED, CHAPTER 42 (ENVIRONMENT), ARTICLE II (NOISE), SECTION 42-22(5) (PROHIBITED ACTS; ENUMERATION), TO INCLUDE FEDERAL HOLIDAYS IN WHICH CONSTRUCTION IS GENERALLY PROHIBITED; PROVIDING FOR REPEALING, A PENALTY CLAUSE, SAVINGS AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE OF THIS ORDINANCE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, the City Council of the City of Wylie, Texas ("City Council") has investigated and determined that it is in the best interest of the City of Wylie, Texas ("Wylie") to prohibit construction of federal holidays; and WHEREAS, the City Council further fords that it is a reasonable exercise of its police power to regulate said clearance height; and WHEREAS, the City Council has found that it would be advantageous and beneficial to the citizens of Wylie to adopt said amendments; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1. Findings Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2. Amendment to Chapter 42 (Environment), Article II (Noise), Section 42-22(5) (Prohibited acts; enumeration) of the Wylie Code of Ordinances. Chapter 42 (Environment), Article II (Noise), Section 42-22(5) (Prohibited acts; enumeration) of the Wylie Code of Ordinances; is hereby amended as follows: "CODE OF ORDINANCES Chapter 42 — ENVIRONMENT Article II. — NOISE Sec. 42-22. — Prohibited acts; enumeration. The following activities producing loud and disturbing noise shall be prohibited: (5) The construction, erection, excavation, demolition, alteration or repair work on any building, or the delivery of materials on or for any such construction site, at any time other than between the hours of 7:00 a.m. and 9:00 p.m., Monday through Saturday, or on federal holidays; provided, however, that the city manager or his designee may issue special permits for such work or deliveries at other times in case of urgent necessity and in the interest of public safety and convenience. Ordinance No. 2024-31 Amended Construction Hours to add Federal Holidays Page 1 of 2 �J 0912412024 Item 1. SECTION 3. Penalty. Any person, firm, corporation or entity violating or refusing to comply with any provision of this Ordinance, as it exists or may be amended, shall be deemed guilty of a misdemeanor, and upon conviction thereof, shall be fined in an amount not exceeding two thousand dollars ($2,000.00) for each offense if the offense relates to public health and sanitation, otherwise the fine shall be in an amount not exceeding five hundred dollars ($500.00) for each offense. Each day that a violation is permitted to exist shall constitute a separate offense. The penal provisions imposed under this Ordinance shall not preclude Wylie from filing suit to enjoin the violation. Wylie retains all legal rights and remedies available to it under local, state and federal law. SECTION 4. Savings/Repealing Clause. All provisions of any ordinance in conflict with this Ordinance are hereby repealed to the extent they are in conflict; but such repeal shall not abate any pending prosecution for violation of the repealed ordinance, nor shall the repeal prevent a prosecution from being commenced for any violation if occurring prior to the repeal of the ordinance. Any remaining portions of said ordinances shall remain in full force and effect. SECTION 5. Severability. Should any section, subsection, sentence, clause or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. Wylie hereby declares that it would have passed this Ordinance, and each section, subsection, clause or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses and phrases be declared unconstitutional or invalid. SECTION 6. Effective Date. This Ordinance shall be effective upon its passage and publication as required by law. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, on this the 24' day of September, 2024. Matthew Porter, Mayor G1100-011 Stephanie Storm, City Secretary Date of publication: October 3, 2024, in The Wylie News Ordinance No. 2024-31 Amended Construction Hours to add Federal Holidays Page 2 of 2 El 0912412024 Item 2. Department: Library Account Code: Prepared By: Ofilia Barrera .onsider, and act upon, Ordinance No. 2024-32 amending Wylie's Code of Ordinances, Ordinance No. 2021-17, as amend( 'hapter 66 (Library), Article I (In General), Section 66-3 (Refusing to Pay Overdue Fine; Misdemeanor), and Appendix Comprehensive Fee Schedule), Section VIII (Public Library), Subsection A (Library Fees) to amend overdue fine, rep( extended use fees, add hotspot replacement fees, and amend meeting room fees; providing a savings/repealing claw ,everability clause, penalty clause and an effective date; and providing for the publication of the caption hereof. to approve the Item as presented. iminating overdue fees has been a trend in public libraries since 2017. Most public libraries in the Metroplex have already �cessf illy embraced this movement. At last count, Wylie is one of five public libraries still charging overdue fees. According Library Journal, the percentage of public libraries charging fees has dropped from 92% to 36% from 2017 - 2022.Overdue ;s account for less than half a percent of all fees taken in by the City. The amount of staff time spent on explaining fees and stress of the interactions with the patrons often creates a contentious atmosphere that discourages library use. Overdue fees ,sent a barrier to service and affect our users that need access the most. By eliminating overdue fees, we hope to encourage eryone to use the library freely and create a more positive library experience. e are requesting hotspot replacement fees be added back on to the fee schedule. At some point, they were omitted, but they still active. amendment to the meeting room fees has to do with the removal of room usage on Sundays as the library is not open on lays. Our Meeting Room Policy states the rooms are available only on the days when the library is open. El 0912412024 Item 2. ORDINANCE NO. 2024-32 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, AMENDING WYLIE'S CODE OF ORDINANCES, ORDINANCE NO. 2021-17, AS AMENDED, CHAPTER 66 (LIBRARY), ARTICLE I (IN GENERAL), SECTION 66-3 (REFUSING TO PAY OVERDUE FINE; MISDEMEANOR) AND APPENDIX A (COMPREHENSIVE FEE SCHEDULE), SECTION VIII (PUBLIC LIBRARY), SUBSECTION A (LIBRARY FEES) TO AMEND OVERDUE FINE, REPEAL EXTENDED USE FEES, ADD HOTSPOT REPLACEMENT FEES, AND AMEND MEETING ROOM FEES; PROVIDING A SAVINGS/REPEALING CLAUSE, SEVERABILITY CLAUSE, PENALTY CLAUSE AND AN EFFECTIVE DATE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, the City Council of the City of Wylie, Texas ("City Council") has previously adopted Ordinance Nos. 1974-12 and 1999-12 and a Comprehensive Fee Schedule ("Comprehensive Fee Schedule") for the City of Wylie, Texas ("Wie"), which is codified in Appendix A of the Wylie Code of Ordinances, Ordinance No. 2021-17, as amended ("Code of Ordinances")' and WHEREAS, the City Council has investigated and determined that it would be advantageous and beneficial to the citizens of Wylie to amend Chapter 66 (Library), Article I (In General), Section 66-3 (Refusing to pay overdue fine; misdemeanor), and Appendix A (Comprehensive Fee Schedule), Section VIII (Public Library), Subsection A (Library Fees) of the City's Code of Ordinances, Ordinance No. 2021- 17, as amended ("Code of Ordinances"); WHEREAS, the City Council finds that it is in the best interest of Wylie and its citizens to amend the Code of Ordinances as set forth below. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1. Findings Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2. Amendment to Chapter 66 Library), Article I (In General), Section 66-3 (Refusing to pay overdue fine; misdemeanor), and Appendix A (Comprehensive Fee Schedule), Section VIII (Public Library), Subsection A (Library) of the Wylie Code of Ordinances. Chapter 66 (Library), Article I (In General), Section 66-3 (Refusing to pay overdue fine; misdemeanor), and Appendix A (Comprehensive Fee Schedule), Section VIII (Public Library), Subsection A (Library Fees) is hereby amended as follows: "CODE OF ORDINANCES Chapter 66 — LIBRARY Article I. — IN GENERAL Sec. 66-3. — Refusing to pay oveFduWinefee; misdemeanor. Every person who is assessed a penalty pursuant to library policy for failure to return any item lent them by the library and who refuses to pay the penalty shall be deemed guilty of a misdemeanor. Ordinance No. 2024-32 Amending Library Fees 4550777 Page I of 3 0912412024 Item 2. "APPENDIX A WYLIE COMPREHENSIVE FEE SCHEDULE VIII. - Public Library. A. Library Fees. Extended use fees: LIWAffill Replacement fees: Hotspot replacement parts and process fee: $15 Hotspot replacement cost: $100 (Device $85 + replacement parts and processing fee $15) Meeting Room Fees: Meeting Room (Monday— Saturday): Users other than non-profit organizations: $45.00 per hour, non - refundable. Non-profit 501(c)(3) organizations: $30.00 per hour, non-refundable. Proof of non-profit status is required. M-ee� Room 100. nn per tour f r all users, non -e fun able Conference Room (Monday— Saturday): Users other than non-profit organizations: $20.00 per hour, non - refundable. Non-profit 501(c)(3) organizations: The Conference Room is free to non-profit organizations. Proof of non-profit status is required. Gonle . (S :} Foyer Users than other non profit organizations� . , non (149k - 'All Proof urd* non refundable. of_ . PayffQ Inn nn �o - how f r an users,non , e f6 aabk Ordinance No. 2024-32 Amending Library Fees 4550777 Page 2 of 3 E 0912412024 Item 2. SECTION 3. Penalty. Any person, firm, corporation or entity that violates this Ordinance shall be deemed guilty of a misdemeanor and upon conviction thereof shall be fined a sum not exceeding two thousand dollars ($2,000.00) if the violation relates to the public health and sanitation, otherwise the fine shall be a sum not exceeding five hundred dollars ($500.00). Each continuing day's violation shall constitute a separate offense. The penal provisions imposed under this Ordinance shall not preclude the Wylie from filing suit to enjoin the violation. Wylie retains all legal rights and remedies available to it pursuant to local, state and federal law. SECTION 4. Savings/Repealing. All provisions of the Code of Ordinances shall remain in full force and effect, save and except as amended by this or any other ordinance. All provisions of any ordinance in conflict with this Ordinance are hereby repealed to the extent they are in conflict; but such repeal shall not abate any pending prosecution for violation of the repealed ordinance, nor shall the repeal prevent a prosecution from being commenced for any violation if occurring prior to the repeal of the ordinance. Any remaining portions of said ordinances shall remain in full force and effect. SECTION 5. Severability. Should any section, subsection, sentence, clause or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. The City Council hereby declares that it would have passed this Ordinance, and each section, subsection, clause or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses, and phrases be declared unconstitutional or invalid. SECTION 6. Effective Date. This Ordinance shall become effective from and after its passage and publication as required by the City Charter and by law. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas, on this the 24" day of September, 2024. Matthew Porter, Mayor Stephanie Storm, City Secretary Date of publication in The Wylie News: October 3, 2024 Ordinance No. 2024-32 Amending Library Fees 4550777 Page 3 of 3 J 0912412024 Item 3. eiTv OF WYLIE Department: Prepared By: City Secretary Mary Bradley Account Code: Wylie City Council , and act upon, Resolution No. 2024-26(R) casting a nomination for a candidate(s) for the Board of Directors of l Central Appraisal District. to approve Resolution No. 2024-26(R) casting a nomination for -s of the Rockwall Central Appraisal District. as a candidate for the Board of exas Property Tax Code Sec. 6.03(a-1): The Appraisal District is governed by a board of directors. Five directors are )pointed by the taxing units that participate in the district as provided by this section ... To be eligible to serve on the board f directors, an individual ... must be a resident of the district and must have resided in the district for at least two years nmediately preceding the date the individual takes office. exas Property Tax Code Sec. 6.0301(c): The Appraisal District is governed by a board of nine directors. Five directors are )pointed by the taxing units that participate in the district in the manner prescribed by Section 6.03. gas Property Tax Code Sec. 6.03(d): The voting entitlement of a taxing unit that is entitled to vote for directors is determined dividing the total dollar amount of property taxes imposed in the district by the taxing unit for the preceding tax year by sum of the total dollar amount of property taxes imposed in the district for that year by each taxing unit that is entitled to e, by multiplying the quotient by 1,000, and by rounding the product to the nearest whole number. That number is ltiplied by the number of directorships to be filled. A taxing unit participating in two or more districts is entitled to vote in h district in which it participates, but only the taxes imposed in a district are used to calculate voting entitlement in that exas Property Tax Code Sec. 6.03(g): Each taxing unit ... that is entitled to vote may nominate by resolution adopted by its )verning body one candidate for each position to be filled on the board of directors. The presiding officer of the governing :)dy of the unit shall submit the names of the unit's nominees to the chief appraiser before October 1.5. xas Property Tax Code Sec. 6.030): Before October 30, the chief appraiser shall prepare a ballot, listing the candidates lose names were timely submitted under Subsection (g) ...alphabetically according to the first letter in each candidate's rname, and shall deliver a copy of the ballot to the presiding officer of the governing body of each taking unit that is entitled vote. Appointed Members are: Tim Hartley John Hohenshelt �J 0912412024 Item 3. Lorne Liechty Russell Summers is not a list of candidates for this portion of the Board of Directors election; therefore, Council can nominate who they would be best. There are five positions open for this entity election; therefore, Council can nominate up to five iduals, one for each open position. is a list reflecting each taxing unit's number of votes. Entity Number of Votes City of Dallas 0 City of Fate 125 City of Garland 0 City of Heath 140 City of McLendon -Chisholm 15 City of Rockwall 415 City of Rowlett 115 City of Royse City 150 City of Wylie 10 Rockwall ISD 2445 Royse City ISD 625 Rockwall County 950 El 0912412024 Item 3. RESOLUTION NO.2024-26(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, ROCKWALL COUNTY, TEXAS, CASTING A NOMINATION FOR A CANDIDATE(S) FOR THE BOARD OF DIRECTORS OF THE ROCKWALL CENTRAL APPRAISAL DISTRICT IN ACCORDANCE WITH SECTION 6.03(G) OF THE TEXAS PROPERTY TAX CODE, AND DIRECTING THAT THE CITY SECRETARY NOTIFY INTERESTED PARTIES OF SAID ACTION. WHEREAS, The Chief Appraiser of the Rockwall Central Appraisal District has been charged with the responsibility of conducting the election process to determine the membership of the Board of Directors of the Rockwall Central Appraisal District, according to the Property Tax Code of Texas; and WHEREAS, in accordance with Section 6.03(g) of the Texas Property Tax Code, the City of Wylie may nominate up to five candidates for the Board of Directors of the Central Appraisal District; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1. The City Council of the City of Wylie, Texas does hereby nominate as a candidate for the Board of Directors of the Rockwall Central Appraisal District. SECTION 2. The City Secretary is hereby directed to submit the official nomination, written Resolution, and notify all appropriate parties of this action. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas on this 24th day of September, 2024. Matthew Porter, Mayor ATTEST: Stephanie Storm, City Secretary Resolution No. 2024-26(R) Rockwall Central Appraisal District Election of Board of Directors Page 1 of 1 �J changesDue to h legislative directors is required. Per Sec. 5.13(d) of S.B. 2 (88t' Leg.): The term of an appraisal district director serving on December 31, 2024 ... expires on January 1, 2025. Not later than December 31, 2024, the taxing units participating in the appraisal district that are entitled to appoint directors shall appoint five directors to serve terms that begin on January 1, 2025. Two directors shall be appointed to serve a term of one year, and three directors shall be appointed to serve a term of three years. Thereafter, all appointed directors serve four-year Texas Property Tax Code Sec. 6.0301(c) & (d): The Appraisal District is governed by a board of nine directors. Five directors are appointed by the taxing units that participate in the district in the manner prescribed by Section 6.03. Texas Property Tax Code Sec. 6.03(d): The voting entitlement of a taxing unit that is entitled to vote for directors is determined by dividing the total dollar amount of property taxes imposed in the district by the taxing unit for the preceding tax year by the sum of the total dollar amount of property taxes imposed in the district for that year by each taxing unit that is entitled to vote, by multiplying the quotient by 1,000, and by rounding the product to the nearest whole number. That number is multiplied by the number of directorships to be filled. Sec. 6.03(g): Each taxing unit .. that is entitled to vote may nominate by ng body one candidate for each position to be filled on the board of directors. rning body of the unit shall submit the names of the unit's nominees to the S. listing Sec. 6.03(j): Before October 30, the chief appraiser shall prepare a ballot, timely submitted under Subsection (0 ... ali)habetically according to the name, and shall deliver a copy it that is entitled to vote. presiding officer of the d is an overview of the 841 Justin Road Rockwall, TX 75087 Mctno:972-77I-2U34 Toll Free: 1-877-430'5304 Pas:972-77}-607I El 0912412024 Item 3. Rockwall Central Appraisal District Board of Directors Election 2025 Jurisdiction Voting Entitlement Entity Number of Votes City of Dallas 0 City of Fate 125 City of Garland 0 City of Heath 140 City of McLendon -Chisholm 15 City of Rockwall 415 City of Rowlett 115 City of Royse City 150 City of Wylie 10 Rockwall ISD 2445 Royse City ISD 625 Rockwall County 950 0912412024 Item 3. LENGTH BEGIN END # OF �OFTERM SB 2 BOARD OF DIRECTORS TERM TERM DIRECTORS EFFECTIVE IMMEDIATELY APPOINTED DIRECTORS The term of an appraisal district director serving 5.13(d) on December 31, 2024 expires on January 1, APPOINTED BY DECEMBER 15, 2023 1 YEAR 1/1/2024 12/31/2024 5 2025. Not later than December 31, 2024 taxing units shall appoint five directors to serve beginning 5.13(d) January 1, 2025. Two shall be appointed to serve APPOINTED BY DECEMBER 31, 2024 1 YEAR 1/1/2025 12/31/2025 2 a term of one year. Not later than December 31, 2024 taxing units shall appoint five directors to serve beginning 5.13(d) January 1, 2025. Three shall be appointed to APPOINTED BY DECEMBER 31, 2024 3 YEAR 1/1/2025 12/31/2027 3 serve a term of three years. Thereafter all appointed directors serve a term 5.13(d) APPOINTED BY DECEMBER 31, 2025 4YEAR 1/1/2026 12/31/2029 2 of fouryears. Thereafterall appointed directors serve a term 5.13(d) APPOINTED BY DECEMBER 31, 2027 4YEAR 1/1/2028 12/31/2031 3 of fouryears. THE COUNTY ASSESSOR/COLLECTOR SERVES AS AN EX OFICIO DIRECTOR. ELECTED DIRECTORS Appraisal district directors (three) shall be elected beginning with the election May 2024, 5.13(a) with an effective office date of July 1, 2024that MAY 2024 UNIFORM ELECTION 2.5 YEAR 7/1/2024 12/31/2026 3 expires on December 31, 2026. Following the initial election (May 2024) directors shall be elected beginning with the 5.13(b) general election in November 2026, with an NOVEMBER 2026 GENERAL ELECTION 2 OR 4 YR 1/1/2027 varies 3 effective office date of January 1, 2027. At the January 2027 meeting elected directors draw lots to determine which shall serve a two 5.13(c) yearterm and which two will serve a fouryear ALL DRAW LOTS TO DETERMINE 2 OR 4YEARS 2 YEAR 1/1/2027 12/31/2028 1 term. THEREAFTER ALL SERVE 4 YEAR TERMS 4YEAR 1/1/2027 12/31/2030 2 5.13(c) Thereafter all shall serve four-year terms. NOVEMBER 2028 GENERAL ELECTION 4YEAR 1/1/2029 12/31/2032 1 5.13(c) Thereafter all shall serve four-year terms. NOVEMBER 2030 GENERAL ELECTION 4YEAR 1/1/2031 12/31/2034 2 5.13(c) Thereafter all shall serve four-year terms. N 0912412024 Item 3. ROCKWALL CENTRAL APPRAISAL DISTRICT 841 JUSTIN ROAD ROCKWALL, TX 75087 972-771-2034 FAX: 972-771-6871 www.rockwallcad.com ELIGIBILITY REQUIREMENTS* FOR ROCKWALL CENTRAL APPRAISAL DISTRICT BOARD OF DIRECTORS The Chief Appraiser has neither the authority nor the duty of investigating or judging the qualifications of nominees. To be eligible to be a candidate for, or elected to, the Rockwall Central Appraisal District board of directors, a person must: 1) be a United States citizen; 2) be 18 years of age or older on January 1, 2025 (first day of term); 3) have not been determined by a final judgement of a court exercising probate jurisdiction to be: a. totally mentally incapacitated; or b. partially mentally incapacitated without the right to vote; 4) have not been finally convicted of a felony from which the person has not been pardoned or otherwise released from the resulting disabilities; 5) have been a resident of Rockwall County and must have resided in Rockwall County for at least two years immediately preceding the date the individual takes office on January 1, 2025; 6) on the date described by Subdivision (5), be registered to vote in Rockwall County; and 7) satisfy any other eligibility requirements prescribed by law for the office. 8) An individual who is otherwise eligible to serve on the board is not ineligible because of membership on the governing body of a taxing unit. (An employee of a taxing unit that participates in the district is not eligible to serve on the board unless the individual is also a member of the governing body or an elected official of a taxing unit that participates in the district.) A person is ineligible to be a candidate for, or elected to, the Rockwall Central Appraisal District board of directors if the person: 1) is an employee of a taxing unit that participates in Rockwall County; 2) is related within the second degree of consanguinity or affinity, as determined under Chapter 573, Government Code, to an individual who is engaged in the business of appraising property for compensation for use in proceedings under the Texas Property Tax Code or of representing property owners for compensation in proceedings under the Texas Property Tax Code within Rockwall County; 3) owns property on which delinquent taxes have been owed to a taxing unit for more than 60 days after the date the individual knew or should have known of the delinquency unless: a. the delinquent taxes and any penalties and interest are being paid under an installment payment agreement under section 33.02 of the Texas Property Tax Code; or b. a suit to collect the delinquent taxes is deferred or abated under Section 33.06 or 33.065; 4) has engaged in the business of appraising property for compensation for use in proceedings under the Texas Property Tax Code at any time during the preceding three years; 5) has engaged in the business of representing property owners for compensation in proceedings under the Texas Property Tax Code in Rockwall County at any time during the preceding three years; 6) has been an employee of the Rockwall Central Appraisal District at any time during the preceding three years; or 7) has a substantial interest in a business entity that is party to a contract or the individual is a party to a contract with the CAD. This prohibition also applies to contracts with a taxing unit that participates in the CAD if the contract relates to the performance of an activity governed by the Tax Code (Tax Code Section 6.036(a)). An individual has a substantial business interest in a business entity if: a. the combined ownership of the director and director's spouse is at least 10 percent of the voting stock or shares of the business entity; or b. the director or director's spouse is a partner, limited partner or officer of the business entity. *Eligibility requirements taken from Texas Elections Code 141.and Texas Property Tax Code 6.0301. El 0912412024 Item 4. eiTv OF WYLIE Department: Prepared By: City Secretary Mary Bradley Account Code: Wylie City Council er, and act upon, Resolution No. 2024-27(R) casting a nomination for a candidate(s) for the Board of Directors of the Central Appraisal District. )tion to approve Resolution No. 2024-27(R) casting a nomination for Directors of the Collin Central Appraisal District. as a candidate for the Board xas Property Tax Code Sec. 6.03(a-1): The Appraisal District is governed by a board of directors. Five directors are Jointed by the taxing units that participate in the district as provided by this section ... To be eligible to serve on the board directors, an individual ... must be a resident of the district and must have resided in the district for at least two years mediately preceding the date the individual takes office. Property Tax Code Sec. 6.0301(c): The Appraisal District is governed by a board of nine directors. Five directors are ted by the taxing units that participate in the district in the manner prescribed by Section 6.03. exas Property Tax Code Sec. 6.03(d): The voting entitlement of a taxing unit that is entitled to vote for directors is determined y dividing the total dollar amount of property taxes imposed in the district by the taxing unit for the preceding tax year by ie sum of the total dollar amount of property taxes imposed in the district for that year by each taxing unit that is entitled to )te, by multiplying the quotient by 1,000, and by rounding the product to the nearest whole number. That number is iultiplied by the number of directorships to be filled. A taxing unit participating in two or more districts is entitled to vote in ich district in which it participates, but only the taxes imposed in a district are used to calculate voting entitlement in that Property Tax Code Sec. 6.03(g): Each taxing unit ... that is entitled to vote may nominate by resolution adopted by its ping body one candidate for each position to be filled on the board of directors. The presiding officer of the governing of the unit shall submit the names of the unit's nominees to the chief appraiser before October 15. exas Property Tax Code Sec. 6.030): Before October 30, the chief appraiser shall prepare a ballot, listing the candidates hose names were timely submitted under Subsection (g) ...alphabetically according to the first letter in each candidate's zrname, and shall deliver a copy of the ballot to the presiding officer of the governing body of each taking unit that is entitled vote. January 1, 2024, the Board of Directors will include three (3) publicly elected directors in addition to the five (5) d directors which are still elected by the taxing units that participate in the Appraisal District. Each taxing unit may one to five board candidates. Appointed directors will begin four-vear terms on January 1 st of even numbered vears. 0912412024 Item 4. elected directors will begin four-year terms on January 1 st of odd numbered years. Another significant change in this new ion is that the tax assessor collector is now an ex officio member. here is not a list of candidates for this portion of the Board of Directors election; therefore, Council can nominate who they link would be best. All five (5) of the board positions are included in this election, therefore each taxing unit can nominate maximum of five (5) candidates. Resolution must include the name and address of each candidate nominated. To be eligible to serve on the board, an ividual must be a resident of the district and must have resided in the district for at least two years immediately preceding date they take office. �J 0912412024 Item 4. RESOLUTION NO. 2024-27(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, COLLIN COUNTY, TEXAS, CASTING A NOMINATION FOR A CANDIDATE(S) FOR THE BOARD OF DIRECTORS OF THE COLLIN CENTRAL APPRAISAL DISTRICT IN ACCORDANCE WITH SECTION 6.03(G) OF THE TEXAS PROPERTY TAX CODE, AND DIRECTING THAT THE CITY SECRETARY NOTIFY INTERESTED PARTIES OF SAID ACTION. WHEREAS, The Chief Appraiser of the Collin Central Appraisal District has been charged with the responsibility of conducting the election process to determine the membership of the Board of Directors of the Collin Central Appraisal District, according to the Property Tax Code of Texas; and WHEREAS, in accordance with Section 6.03(g) of the Texas Property Tax Code, the City of Wylie may nominate up to five candidates for the Board of Directors of the Central Appraisal District; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1. The City Council of the City of Wylie, Texas does hereby nominate as a candidate for the Board of Directors of the Collin Central Appraisal District. SECTION 2. The City Secretary is hereby directed to submit the official nomination, written Resolution, and notify all appropriate parties of this action. DULY PASSED AND APPROVED by the City Council of the City of Wylie, Texas on this 24th day of September 2024. Matthew Porter, Mayor Stephanie Storm, City Secretary Resolution No. 2024-27(R) Collin Central Appraisal District Election of Board of Directors Page 1 of 1