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12-18-2024 (WEDC) Minutes105 Wylie Economic Development Coriploration Bloard of'Dirlextors Regular Meeti`ng December 18, 2024 — 7 0-,3 0 A.M. WEDC Offi,ces — Conference Rolom 250 S Hwy 718 — Wylie., I X 750198 CALL TO ORDER Announce the, pre�yence of a Quortan 1111 Jill■I W %I Iwo VWL Demond Dawkins gave the invocation and led the Pledge of Allegiance., COMMENTS ONNION-AGENDA ITEMS, -CONSENT AGENDA All matters lls'ted under the, Consent Agenda, are consi I deired to he roltdine 0 the 9EDC Board of Directors and wiH be, enacted hy one tnotion. There will not he a separate discuuion of these iteitnis. If diktasion is de -sired, that iteimi will he relmovedfroin the ConsentAgenda, and will be conskiered sqpaiwk4� Ao Consider and act upon approval of Minutes from November 201, 2,0124, Regular Meeting of the WEiD,C Board of Directors. BO Consi'der and act upon approval of the November 20�24 NVEDC Treasurer's Report. Board Acg*on A motion was made b W]i * tne , McDougall, seconded by Blake Brininstool, to approve tb4 y I Y Consent Agenda as presented., A vote was taken,, and the motillon passed 5-0. DISTASSIORITEMS Staff Comments St�aff opened discussion for an oviervew of the Committee for New Business Attraction and Recruitment's tourl of Little Elm, which included retail developments, an entertainment facility,, WEDC — Minutes I Decembleri 18', 20�24 Page 2 of 31 baseball/softball fields, and lake access. The committee discusseld what, challenges Little Ehn. has faced and what has, benefited their community. DS2. Staffreport': WEDC II, Temporary Access Agreements, Downtown Parking, 0 Engineering Replort�, Upcoming, Evients, and NVEDC,Acfivities/Programs. I I I i Ii oil 1III r II Eii XECUTIVE SESSION ------- - -- Recessed M"to Closed Session at 745 a.m. M' compliance with Secti,on 55 1,001, ct. seq. Texas Government Code, to wit:, See. 551,0172. DELI]BEIRATION REGARI)ING REAL PROPERTY; CLOSED MEETING. F ES1. Consider the sale or acquisition of pro erfiesi located at B rown/E u banks, M 544/Coo p per, FM 544/'Slandein, Jackson/Oak,, Regency/Siteel,, State Hwy 78/Briown, and State Hwy 78/Skyv1*,ew. 1 llj�fli 11111911 MUM See. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; CLOiSED, MEETING. 10 0 ES120 Deliberation regarding commercial or financial information that the W'EDC has received from a business, prospect and to, discuhe offe ss tr of ineenti'ves for Plrojlects- 2021-4b, 2021-6c, 2022-lbg 20224c, 2023-1e, 2023-2d, 2023-14a, 210'23-11bq 21024-2d, 20244el 2024,-5a, 20,24-5f, 2024-7a, 2024-7b, 202,41-7e, 2024-8a, 20124-8b, 2024-8c, 21024-8,d, 2024-9b,, 2024-9c, 2024-9d, 2024-9e, 2024-9f, 202�4�-110a, 20124140b, 21024-1.01e, 20214-11a, 2024-14b, 2024-11c, 2024-11d, 2024-11e, 2,024-1.2-a, 20241-112b, and 2024-12c. RECONVENE, INTO OPEN SESSION - -- — --------- Take w7y cictioln as, a result of the, Executive Session. President Dawkins reconvened into Olpen Session. at 9:09 a.m. and then moved to Regular Agenda Item and Regular Agenda Itern'2. 1. Consider and act upon issues, surrounding the Performance Agreement between the 'M1,KJ Investments,,, LLC, WEDC — Minutes �2,02 December 18, 4 Page 3 olf 3 A motion was made by Whitney McDougall, seconded by Bilake Brininstool, to approve a First Amendment to the Performance Agreement 'between the WEDC and MLKJ Investments, Lf.C, ameind ffig the "Build mg A CC Deadline" in Section 2 (a). 1. from, one (1) year to 1, 8 months and fijrther auIhorize the Executive Dff*ector to execute any and allniecessary, documents. A vote was takenand the motion passed 5-0. 2. Considier and act upon Committee Appointments by tile Board. Board Action A motion was made by Mefisa Whitehead,, seconded by 'Harold Smith,, to create a Staffing and, Compensafion Committee and appoint Melisa Whitehead, Whitney McDougall, and Harold Smith to that Committee. A vote was taken', and the motion passed 5-0. FUTURE, AGENDA ITEMS 'Ile Board requested that the Staffing and Compensation Committee �meet on 1/24/25 at', 8:00 a.m. in the WEDC Conference Room and Notice of' Quorum WHI be posted'72 hours 'in advance. With no, further business, President Dawkins adjourned the WEDC Board meeting at 9:12 a..m. e mu 0 00� 000 100100 Blake BAninstool, Vice President ATTEST'-, Jasoin Grel' r, Exec t0j`:�'.e Director