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03-19-2025 (WEDC) Agenda PacketWylie Economic Development Corporation Board Regular Meeting March 19, 2025 — 7:30 AM WEDC Office Conference Room - 250 South Highway 78, Wylie, Texas 75098 CALL TO ORDER INVOCATION & PLEDGE OF ALLEGIANCE WYLIEEDC COMMENTS ON NON -AGENDA ITEMS Any member of the public may address Board regarding an item that is not listed on the Agenda. Members of the public must fill out a form prior to the meeting in order to speak. Board requests that comments be limited to three minutes for an individual, six minutes for a group. In addition, Board is not allowed to converse, deliberate or take action on any matter presented during citizen participation. CONSENT AGENDA All matters listed under the Consent Agenda are considered to be routine by the Board and will be enacted by one motion. There will not be separate discussion of these items. If discussion is desired, that item will be removed from the Consent Agenda and will be considered separately. A. Consider and act upon approval of Minutes from the February 19, 2025 Regular Meeting of the WEDC Board of Directors. B. Consider and act upon approval of the February 2025 WEDC Treasurer's Report. REGULAR AGENDA 1. Consider and act upon issues surrounding utility relocations at FM 544 Gateway. 2. Consider and act upon a First Amendment to the Purchase and Sale Agreement between the WEDC and Aktrian Holdings LLC. 3. Consider and act upon issues surrounding the 2024 WEDC Annual Report. DISCUSSION ITEMS DS1. Discussion regarding the Performance Agreement between WEDC and MLKJ Investments, LLC. DS2. Discussion regarding ICSC. DS3. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. EXECUTIVE SESSION age 11 1 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. ESI. Consider the sale or acquisition of properties located at Brown/Eubanks, FM 544/Cooper, FM 544/Sanden, Jackson/Oak, Regency/Steel, State Hwy 78/Brown, and State Hwy 78/Skyview. Sec. 551.074. PERSONNEL MATTERS; CLOSED MEETING. (a) This chapter does not require a governmental body to conduct an open meeting: (1) to deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; or (2) to hear a complaint or charge against an officer or employee. (b) Subsection (a) does not apply if the officer or employee who is the subject of the deliberation or hearing requests a public hearing. Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; CLOSED MEETING. This chapter does not require a governmental body to conduct an open meeting: (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). ES2. Deliberation regarding commercial or financial information that the WEDC has received from a business prospect and to discuss the offer of incentives for Projects: 2022-lb, 2022-1c, 2023-1c, 2023-2d, 2023-1lb, 2024-2d, 2024-5a, 2024-5f, 2024-7a, 2024-8d, 2024-9d, 2024-12a, 2024-12c, 2025-1a, 2025-1f, 2025-2a, 2025-3a, 2025-3b, and 2025-3d. RECONVENE INTO OPEN SESSION Take any action as a result from Executive Session. W :Ill L )J y IXM1 ► u 7 CERTIFICATION I certify that this Notice of Meeting was posted on March 14, 2025 at 5:00 p.m. on the outside bulletin board at Wylie City Hall, 300 Country Club Road, Building 100, Wylie, Texas, a place convenient and readily accessible to the public at all times. Stephanie Storm, City Secretary Date Notice Removed The Wylie Municipal Complex is wheelchair accessible. Sign interpretation or other special assistance for disabled attendees must be requested 48 hours in advance by contacting the City Secretary's Office at 972.516.6020. Hearing impaired devices are available from the City Secretary prior to each meeting. 2 If during the course of the meeting covered by this notice, the Board should determine that a closed or executive meeting or session of the Board or a consultation with the attorney for the City should be held or is required, then such closed or executive meeting or session or consultation with attorney as authorized by the Texas Open Meetings Act, Texas Government Code § 551.001 et. seq., will be held by the Board at the date, hour and place given in this notice as the Board may conveniently meet in such closed or executive meeting or session or consult with the attorney for the City concerning any and all subjects and for any and all purposes permitted by the Act, including, but not limited to, the following sanctions and purposes: Texas Government Code Section: § 551.071— Private consultation with an attorney for the City. § 551.072 — Discussing purchase, exchange, lease or value of real property. § 551.073 — Discussing prospective gift or donation to the City. § 551.074 — Discussing personnel or to hear complaints against personnel. § 551.076 — Discussing deployment of security personnel or devices or security audit. § 551_087 — Discussing certain economic development matters. 3 03119120251tem A. Minutes Wylie Economic Development Corporation Board of Directors Regular Meeting February 19, 2025 — 7:30 A.M. WEDC Offices — Conference Room 250 S Hwy 78 — Wylie, TX 75098 CALL TO ORDER Announce the presence of a Quorum President Demond Dawkins called the meeting to order at 7:30 a.m. Board Members present were Vice President Blake Brininstool, Harold Smith, and Melisa Whitehead. Board Member Whitney McDougall arrived during the Invocation and Pledge of Allegiance at 7:31 a.m. Ex-Officio Members, Mayor Matthew Porter and City Manager Brent Parker were present. WEDC staff present included Executive Director Jason Greiner, Assistant Director Rachael Hermes, BRE Director Angel Wygant, Research Analyst Marissa Butts, and Office Manager Christy Stewart. INVOCATION & PLEDGE OF ALLEGIANCE Demond Dawkins gave the invocation and led the Pledge of Allegiance. COMMENTS ON NON -AGENDA ITEMS With no citizen participation, President Dawkins moved to Consent Agenda. CONSENT AGENDA All matters listed under the Consent Agenda are considered to be routine by the WEDC Board of Directors and will be enacted by one motion. There will not be a separate discussion of these items. If discussion is desired, that item will be removed from the Consent Agenda and will be considered separately. A. Consider and act upon approval of Minutes from January 15, 2025, Regular Meeting of the WEDC Board of Directors. B. Consider and act upon approval of Minutes from January 24, 2025, Special Called Meeting of the WEDC Board of Directors. C. Consider and act upon approval of the January 2025 WEDC Treasurer's Report. Board Action A motion was made by Whitney McDougall, seconded by Blake Brininstool, to approve the Consent Agenda. A vote was taken, and the motion passed 5-0. 0 03119120251tem A. WEDC — Minutes February 19, 2025 Page 2 of 4 REGULAR AGENDA 1. Consider and act upon issues surrounding a gas main extension at State Hwy 78/Eubanks. Staff Comments Staff reminded the Board that the WEDC approved a contract with MasTec in the amount of $604,000 on May 17, 2023. Staff noted that the project was delayed due to issues obtaining the necessary easements from the adjacent landowners. Additionally, the proposed revised natural gas service will extend from Kreymer Lane vs. extending the gas line up Eubanks from Brown Street. Staff is bringing this item back to the Board with the modified scope and updated bid for approval within this fiscal year. Board Action A motion was made by Whitney McDougall, seconded by Blake Brininstool, to award the contract to MasTec North America, Inc. in the amount of $576,876 and further authorize the Executive Director to execute any and all necessary documents. A vote was taken, and the motion passed 5-0. DISCUSSION ITEMS DSI. Discussion regarding the Performance Agreement between WEDC and MLKJ Investments, LLC. Staff Comments Staff opened the discussion with Mansour Khayal of MLKJ Investments, who was in attendance, to provide a general update regarding the status of his project. Khayal noted the completion of the required Pre -Construction Meeting on 2/18/2025 and informed the Board that they received Permit No. 25-007. He stated that construction on the project is anticipated to start in March and briefly discussed the timeline and any possible delays. Khayal noted a potential prospect interested in moving into the building space and will disclose information regarding the prospect when the information is available. Regarding the current tenant on the property, Khayal noted that he is working with the tenant to find a suitable location and may need an additional 5 to 6 days for them to vacate fully. Khayal expressed concerns regarding access to natural gas on the property and possible traffic issues on Eubanks impacting potential prospects. The Board inquired regarding any additional problems that could affect the project timeline aside from traffic, with no additional concerns expressed. DS2. Discussion regarding the WEDC 2024 Annual Report. Staff Comments Staff provided the Board with the FY 2024-2025 Goals & Objectives for review and noted completed projects and projects nearing completion. The Board provided feedback on long-term goals and objectives they would like to see in FY 2025-2026. Items discussed included Downtown Revitalization & Expansion, 544 Gateway Addition, Regency Business Park, Highway 78 Developments, and Expanding/Promoting BRE and Workforce Programs. Staff will bring back the WEDC 2024 Annual Report for final Board review in March, with a presentation to the City Council to follow. DS3. Discussion regarding ICSC. 5] 03119120251tem A. WEDC - Minutes February 19, 2025 Page 3 of 4 Staff Comments Staff shared the 2025 ICSC Las Vegas schedule with the Board and noted that two registrations were purchased for whichever Board Members would attend. The Board began their discussion by considering who should attend ICSC events and their purpose at these events. The Board then discussed who will attend this year's ICSC Las Vegas event in May and agreed that one board member should attend. DS4. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. Staff Comments Staff referred the Board to the Agenda Report provided in the packet for all updates related to WEDC Property Updates, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. Staff discussed the progress on 544 Gateway Addition, Brown & 78, Hwy 78 TxDOT Improvements, Jackson Ave Parking, and the Feasibility Study. Regarding the installation of irrigation and sod related to the Hwy 78 TxDOT Improvements, staff noted that bids received were discussed with the Board President before proceeding with a contract. Staff noted a 126.87% increase in sales tax reporting from the Texas State Comptroller's Office for the month of February due to a one-time adjustment from a single user. EXECUTIVE SESSION Recessed into Closed Session at 8:41 a.m. in compliance with Section 551.001, et. seq. Texas Government Code, to wit: Sec. 551.072. DELIBERATION REGARDING REAL PROPERTY; CLOSED MEETING. ESl. Consider the sale or acquisition of properties located at Brown/Eubanks, FM 544/Cooper, FM 544/Sanden, Jackson/Oak, Regency/Steel, and State Hwy 78/Brown. Sec. 551.074. PERSONNEL MATTERS; CLOSED MEETING. Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; CLOSED MEETING. ES2. Deliberation regarding commercial or financial information that the WEDC has received from a business prospect and to discuss the offer of incentives for Projects: 2021-4b, 2021-6c, 2022-lb, 2022-1c, 2023-1c, 2023-2d, 2023-11a, 2023-11b, 2024-2d, 2024-4e, 2024-5a, 2024-7a, 2024-7b, 2024-7e, 2024-8a, 2024-8b, 2024-8c, 2024-8d, 2024-9b, 2024-9c, 2024-9d, 2024-9e, 2024-9f, 2024-10a, 2024-1.0b, 2024-10c, 2024-11a, 2024-11b, 2024-11c, 2024-11d, 2024-11e, 2024-12a, 2024-12b, 2024-12c, 2025-la, 2025-1b, 2025-1c, 2025-1d, 2025-le, 2025-11, 2025-2a, 2025-2b, 2025-2c, 2025-2d, 2025-2e, and 2025-2f. RECONVENE INTO OPEN SESSION Take any action as a result of the Executive Session. President Dawkins reconvened into Open Session at 9:31 a.m. 6] 03119120251tem A. WEDC — Minutes February 19, 2025 Page 4 of 4 FUTURE AGENDA ITEMS The Board requested a Staffing and Compensation Committee meeting to be scheduled for 3/7/25 at 10:00 a.m. in the WEDC Conference Room. A Notice of Quorum will be posted 72 hours in advance. ADJOURNMENT With no further business, President Dawkins adjourned the WEDC Board meeting at 9:33 a.m. Demond Dawkins, President ATTEST: Jason Greiner, Executive Director 0 03119120251tem B. WYLIEEDC Wylie Economic Development Meeting Date: March 19, 2025 Item Number: Prepared By: Jason Greiner Consider and act upon approval of the February 2025 WEDC Treasurer's Report. Motion to approve the February 2025 WEDC Treasurer's Report. Presented for the Board's review and approval is the February 2025 Treasurer's Report detailing the month and year-to- date financial transactions and performance against budget. This report contains the Revenue and Expense Report, Statement of Net Position, Balance Sheet, Sales Tax Report, and Perfonnance Agreement Summary. REVENUES: Sales Tax Revenue earned in December allocated in February was $602,324.24, an increase of 126.87% over the same period in 2024. (Please note that this increase was due to a one-time adjustment from a single user in the amount of $239,41.0.79.) EXPENSES: Advertising $32,500 SFC, LLC Payment I — Feasibility Study Dues and Subscriptions $11,000 Placer Labs — Yearly Subscription Fee Special Services - Infrastructure $29,925 Reeder Concrete- Pay App 7 (Hwy 78 & Brown TxDOT Improvements) $499,477.34 McMahon Contracting- Pay App 5 (Hwy 78 & Brown Infrastructure) ECONOMIC WYLIEDEVELOPMENT Original Current Total Budget Total Budget 1 0311912025 Item B. February Rev/Exp Report Account Summary For Fiscal: 2024-2025 Period Ending: 02/28/2025 Variance Period Fiscal Favorable Percent Activity Activity (Unfavorable) Remaining Fund: 111 - WYLIE ECONOMIC DEVEL CORP Revenue Category: 400 - Taxes 11.1-4000-40210 SALES TAX 4,990,217.00 4,990,217.00 602,324,24 1,375,538.83 -3,614,678.17 72.44% Category: 400 - Taxes Total: 4,990,217.00 4,990,217.00 602,324.24 1,375,538.83 -3,614,678.17 72.44% Category: 460 - Interest Income 11.1 4000-46110 ALLOCATED INTEREST EARNINGS Category: 460 - Interest Income Total: Category: 480 - Miscellaneous Income 11.1 4000-48110 RENTAL INCOME 111-4000-4,9410 MISCELLANEOUS INCOME 111-4000-48430 GAIN/(LOSS) SALE OF CAP ASSETS Category: 480 - Miscellaneous Income Total: Revenue Total: Expense Category: 510 - Personnel Services 111 561.1-51110 SALARIES 111-561.1-5,1140 LONGEVITY PAY 111-5611-51310 TIVIRS 111--5611-514 10 HOSPITAL& LIFE INSURANCE 111-5611-51420 LONG-TERM DISABILITY 111-5611-51440, FICA 111-5611-51450 MEDICARE 111-5611-51470, WORKERS COMP PREMIUM 111-5611-51480 UNEMPLOYMENT COMP (TWC) Category: 510 - Personnel Services Total: Category: 520 - Supplies 111-5611-52010 OFFICE SUPPLIES 111-5611-52040 POSTAGE & FREIGHT 111-5611 5281.0 FOOD SUPPLIES Category: 520 - Supplies Total: Category: 540 - Materials for Maintenance 111- 56 11--5-4-6-1.0- FURNITURE & FIXTURES 111-2611-54810 COMPUTER HARD/SOFTWARE Category: 540 - Materials for Maintenance Total: Category: 560 - Contractual Services 111-5611-56020 INCENTIVES 111-5611-56040 SPECIALSERVICES 11115611-56041. SPECIAL SERVICES -REAL ESTATE 111-5611-56042 SPECIAL SERVICES-INFRASTRUCTUR 111-561156080 ADVERTISING 111-5611-56090 COMMUNITY DEVELOPMENT I _11-5611-5611.0 COMMUNICATIONS 111 -5 6-1-1--5-6 -1-8-0 RENTAL 111-5611-56210 - ------------ --- TRAVEL & TRAINING 111-5 6-11-- 5625 0 DUES & SUBSCRIPTIONS 1-11-5611-56310 INSURANCE 111-5611-56510 AUDIT & LEGAL SERVICES 111-5611-56570 ENGINEERING/ARCHITECTURAL 111-5611-56612 UTILITIES -ELECTRIC 112,000,00 112,000.00 29,906.09 175,004.18 63,004.18 156.25% 112,000.00 112,000.00 29,906.09 175,004.18 63,004.18 56.25% 4,800.00 4,800.00 400.00 3,700.00 -1,100.00 22.92% 0.00 0.00 0.00 400.00 400.00 0,00% 4,121,530.00 4,121,530.00 0.00 925,593.76 -3,195,936.24 77,54% 4,126,330.00 4,126,330.00 400.00 929,693.76 -3,196,636.24 77.47% 9,228,547.00 9,228,547.00 632,630.33 2,480,236.77 -6,748,310.23 73.12% 470,558.40 470,558.40 35,272.38 174,964.10 295,594.30 62.82% 2,807,68 2,807.68 0.00 2,664.00 143.68 5,12% 74,649.83 74,649.83 5,562,46 27,843.04 46,806.79 62,70% 79,943.76 79,943.76 6,503.57 32,517.85 47,425.91 59.32% 1,741,07 1,741.07 80.80 404.00 1,337.07 76.80% 29,348.70 29,348.70 2,003.70 10,223.25 19,125.45 65.17% 6,863.81 6,863.81 468.60 2,390.88 4,472.93 65.17% 994.07 994.07 0.00 724.00 270.07 27.17% 585.00 585.00 168.86 581.44 3.56 0.61 % 667,492.32 667,492.32 50,060.37 252,312.56 415,179.76 62.20% 5,000.00 5,000.00 199.85 834.24 4,165.76 83.32% 300.00 300.00 0.00 223.85 76.15 25.38% 3,000.00 3,000.00 206.87 1,040.81 1,959.19 65.31% 8,300.00 8,300.00 406.72 2,098.90 6,201.10 74.71% 2,500.00 2,500.00 0.00 0.00 2,500.00 100.00% 7,650.00 7,650.00 0.00 0.00 7,650.00 100.00% 10,150.00 10,150.00 0.00 0.00 10,150.00 100.00% 1,741,250.00 1,741,250.00 0.00 200,000.00 1,541,250.00 88.51% 87,270.00 87,270.00 157.50 725.00 86,545.00 99.17% 71,000.00 71,000.00 650.00 6,411.39 64,588.61 90.97% 9,020,667.00 9,020,667.00 533,323,46 2,949,217.98 6,071,449,02 67,31% 226,125.00 226,125.00 42,472.53 89,925.31 136,199.69 60.23% 74,450.00 74,450.00 8,216.56 20,488.48 53,961.52 72.48% 7,900.00 7,900.00 521.11 2,074.30 5,825.70 73.74% 27,000.00 27,000,00 2,250.00 11,250.00 15,750.00 58.33% 95,500.00 95,500.00 864.22 25,499.41 70,000.59 73.30% 91,053.00 91,053.00 17,116.79 58,726.66 32,326.34 35.50% 6,800.00 6,800.00 0.00 5,816.85 983.15 14,46% 53,000.00 53,000.00 1,251,60 12,057.00 40,943.00 77.25% 855,300,00 855,300.00 13,094.16 53,364.57 801,935.43 93,76% 2,400.00 2,400.00 219.79 786.35 1,613.65 67.24% 3/14/2025 8:18A6 AM Page 1. of 4 1 0311912025 Item B. Budget Report For Fiscal: 2024-2025 Period Ending: uz/zB/2= Variance Original Current Period Fiscal Favorable Percent Total Budget Total Budget Activity Activity (Unfavorable) Remaining Category: 560 - Contractual Services Total: 12,359,715.00 12,359,715.00 620,137.72 3,436,343.30 8,923,371.70 72.20% Category: 570 - Debt Service & Capital Replacement 111-5611 -57410 PRINCIPAL PAYMENT 606,744.04 606,744.04 51,833.85 257,403.93 349,340.11 57.58% 111-5611-57415 INTEREST EXPENSE 625,253.60 625,253.60 50,832.62 255,928.42 369,325.18 59.07% Category: 570 - Debt Service & Capital Replacement Total: 1,231,997.64 1,231,997.64 102,666.47 513,332.35 718,665.29 58.33% Category: 580 - Capital Outlay 111-5611-581.10 LAND -PURCHASE PRICE 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 100.00% 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: 15,277,654.96 15,277,654.96 773,271.28 4,204,087.11 11,073,567.85 72.48% Fund: 111 - WYLIE ECONOMIC DEVEL CORP Surplus (Deficit): -6,049,107.96 -6,049,107.96 -140,640.95 -1,723,850.34 4,325,257.62 71.50% Report Surplus (Deficit): -6,049,107.96 -6,049,107.96 -140,640.95 -1,723,850.34 4,325,257.62 71.50% 3/14/2025 8:18A6 AM Page ? of 4 Budget Report Original Current Category Total Budget Total Budget Fund: 111- WYLIE ECONOMIC DEVEL CORP Revenue 400 - Taxes 4,990,217.00 4,990,217.00 460 - Interest Income 112,000.00 112,000.00 480 - Miscellaneous Income 4,126,330.00 4,126,330.00 Revenue Total: 9,228,547.00 9,228,547.00 Expense 510 - Personnel Services 667,492.32 667,492.32 520 - Supplies 8,300.00 8,300.00 540 - Materials for Maintenance 10,150.00 10,150.00 560 - Contractual Services 12,359,715.00 12,359,715.00 570 - Debt Service & Capital Replacement 1,231,997.64 1,231,997.64 580 - Capital Outlay 1,000,000.00 1,000,000.00 Expense Total: 15,277,654.96 15,277,654.96 Fund: 111- WYLIE ECONOMIC DEVEL CORP Surplus (Deficit): -6,049,107.96 -6,049,107.96 Report Surplus (Deficit): -6,049,107.96 -6,049,107.96 03119120251tem B. For Fiscal: 2024-2025 Period Ending: Group Summary Variance Period Fiscal Favorable Percent Activity Activity (Unfavorable) Remaining 602,324.24 1,375,538.83 -3,614,678.17 72.44% 29,906.09 175,004.18 63,004.18 56.25% 400.00 929,693.76 -3,196,636.24 77.47% 632,630.33 2,480,236.77 -6,748,310.23 73.12% 50,060.37 252,312.56 415,179.76 62.20% 406.72 2,098.90 6,201.10 74.71% 0.00 0.00 10,150.00 100.00% 620,137.72 3,436,343.30 8,923,371.70 72.20% 102,666.47 513,332.35 718,665.29 58.33% 0.00 0.00 1,000,000.00 100.00% 773,271.28 4,204,087.11 11,073,567.85 72.48% -140,640.95 -1,723,850.34 4,325,257.62 71.50% -140,640.95 -1,723,850.34 4,325,257.62 71.50% :3,/14/ 02`S 8[18A6 A Page :3 of 4 11 1 Budget Report 03119120251tem B. For Fiscal: 2024-2025 Period Ending: Fund Summary Variance Original Current Period Fiscal Favorable Fund Total Budget Total Budget Activity Activity (Unfavorable) 111- WYLIE ECONOMIC DEVEI CC-6,049,107.96 -6,049,107.96 -140,640.95 -1,723,850.34 4,325,257.62 Report Surplus (Deficit):-6,049,107.96 -6,049,107.96 -140,640.95 -1,723,850.34 4,325,257.62 :3,/14/ 02`S 8[18A6 AM Page 4 of 4 F12] 03119120251tem B. Wylie Economic Development Corporation Statement of Net Position As of February 28, 2025 Assets Cash and cash equivalents Receivables Inventories Prepaid Items Total Assets Deferred Outflows of Resources Pensions Total deferred outflows of resources Liabilities Accounts Payable and other current liabilities Unearned Revenue Non current liabilities: Due within one year Due in more than one year Total Liabilities Deferred Inflows of Resources Pensions Total deferred inflows of resources Net Position Net investment in capital assets Unrestricted Total Net Position $ 12,359,863.42 $ 717,000.00 Note 1 $ 14,063,964.34 $ 27,140,827.76 $ 84,397.55 $ 84,397.55 $ 296,766.10 $ 1,200.00 Note 2 $ 427,816.91 Note 3 $ 14,482,701.43 $ 15,208,484.44 $ (8,542.41) $ (8,542.41) $ 12,008,198.46 $ 12,008,198.46 Note 1: Includes incentives in the form of forgivable loans for $67,000 (Glen Echo), $450,000 (Phoenix Ascending), and $200,000 (MLKJ) Note 2: Deposits from rental property Note 3: Liabilities due within one year includes compensated absences of $32,301 03119120251tem B. WYLIEECONOMIC Balance Sheet DEVELOPMENTAccount Summary As Of 02/28/2025 Name Balance Fund: 111- WYLIE ECONOMIC DEVEL CORP Assets 11.1 110) 10111 CLAIM ON CASH AND CASH EQUIV. 12,357,86142 111 1€00-1011.5 CASH - WEDC- INWOOD 0.00 11 -1000- 0-13°a ESCROW 0.00 111 10 1_0190 DEPOSITS 2,000.00 111 -1000-1.0198 OTHER - MISC CLEARING 0.00 111 1000-10341 TEXPOOL 0.00 211-1000 10343 LOGIC 0.00 111-10€10-10481 INTEREST RECEIVABLE 0.00 E I1-1000-11.I1 ACCTS REC- MISC 0,00 1,11 100€1-1151.2 ACCTS REC - SALES TAX 0.00 11110001280 LEASE PAYMENTS RECEIVABLE 0.00 111 1000-12950 LOAN PROCEEDS RECEIVABLE 0.00 LU-100ci 12996 LOAN RECEIVABLE 0.00 111 1000-12997 ACCTS REC - JTM TECH 0.00 111.1i011I ^.13 ACCTS REC- FORGIVEABLELOANS 717,000.00 111 1000 10112 INVENTORY - MATERIAL/ SUPPLY 0.00 Ill 1000-14116 INVENTORY - LAND & BUILDINGS 14,063,964.34 111 1000-141191 INVENTORY - BAYCO/ SANDEN BLVD 0.00 111-1.000-111310 PREPAID EXPENSES - MISC 0.00 111 100€ 144 0 DEFERRED OUTFLOWS 810,500.00 Total Assets: 27,951,327.76 27,951,327.76 Liability 111-2000-20110 FEDERAL INCOME TAX PAYABLE 0.00 111 2000-201.11. MEDICARE PAYABLE 0.00 11L.2 00 ?0112 CHILD SUPPORT PAYABLE 0,00 111-2000 20113 CREDIT UNION PAYABLE 0.00 11 L-2000 20:114 IRS LEVY PAYABLE 0.00 1.11 2000 2011.5 NATIONWIDE DEFERRED COMP 0.00 111 2000-2 116 HEALTH INSUR PAY -EMPLOYEE ° -2,609.31 1.11 2000-2011 R TMRS PAYABLE 220.67 11-2000 20118 ROTH IRA PAYABLE 0.00 1.11 2000-2011.9 WORKERS COMP PAYABLE 0.00 111-2000-20120 FICA PAYABLE 0.00 111 2000-20121. TEC PAYABLE 0.00 11 -2000 20122 STUDENT LOAN LEVY PAYABLE 0.00 111 2000 20123 ALIMONY PAYABLE 0.00 E?1-2000-20124 BANKRUPTCY PAYABLE 0.00 111 2.000 2012 5 VALIC DEFERRED COMP 0.00 Ill- 2000-20126 ICMA PAYABLE 0.00 111 2000 20127 EMP. LEGAL SERVICES PAYABLE 0.00 111 2000 20130 FLEXIBLE SPENDING ACCOUNT 4,044,38 111 2000 20131 EDWARD JONES DEFERRED COMP 0.00 i 1 2000-2.0132 EMP CARE ELITE -3.00 1.11 2000 0133 Unemployment Comp Payable 595.14 111-2000 201SI ACCRUED WAGES PAYABLE 0.00 111 2000 201.80 ADDIT EMPLOYEE INSUR PAY 49.46 111-2000-20:I99 MISC PAYROLL PAYABLE 0.00 111 2000 1 ,201 AP PENDING 27,463.80 111-2909 202D ACCOUNTS PAYABLE 0.00 111 2000 20530 PROPERTY TAXES PAYABLE 0.00 1 i1 -2000 20540 NOTES PAYABLE 810,500,00 111 2000270610 RETAINAGE PAYABLE 267,004.96 14 Balance Sheet 03119120251tem B. As Account Name Balance i 11.-2000-20810 DUE TO GENERAL FUND 0.00 111 2000-22270 DEFERRED INFLOW 0.00 111-2002-22280 1.11-2000-2291 a Equity 111-3000- 4110 111 3000-34590 Total Revenue Total Expense Revenues Over/Under Expenses DEFERRED INFLOW - LEASE INT 0.00 Total Liability: 1,108,466.10 FUND BALANCE-UNRESERV/UNDESIG 28,566,712.00 ..................... Total Beginning Equity: 28,566,712.00 2,480, 236.77 4,204,087.11 -1,723,850.34 Total Equity and Current Surplus (Deficit): 26,842,861.66 Total Liabilities, Equity and Current Surplus (Deficit): 27,951,327.76 Page 2 of 3 F15] Balance Sheet 03119120251tem B. As Account Name Balance Fund: 922 - GEN LONG TERM DEBT (WEDC) Assets Liability Total Assets: 0.00 0.00 Total Liability: 7,281,368.05 Total Equity and Current Surplus (Deficit): 0.00 Total Liabilities, Equity and Current Surplus (Deficit): 7,281,368.05 *** FUND 922 OUT OF BALANCE ***-7,281,368.05 ***Warning: Account Authorization is turned on. Please run the Unauthorized Account Listing Report to see if you are out of balance due to missing F16] 0311912025 Item B. Wylie Economic Development Corporation SALES TAX REPORT February 28, 2025 BUDGETED YEAR DIFF % DIFF MONTH FY 2022 FY 2023 FY 2024 FY 2025 24 vs. 25 24 vs. 25 DECEMBER $ 263,577.66 $ 338,726.54 $ 374,686.38 $ 390,604.04 $ 15,917.66 4.25% JANUARY $ 326,207.92 $ 368,377.73 $ 393,994.39 $ 382,610.55 $ (11,383.84) -2.89% FEBRUARY $ 417,896.79 $ 480,381.11 $ 265,491.94 $ 602,324.24 $ 336,832.30 126.87% MARCH $ 305,605.50 $ 313,686.17 $ 577,757.71 $ - 0.00% APRIL $ 265,773.80 $ 310,050.94 $ 341,335.06 $ 0.00% MAY $ 401,180.20 $ 434,878.33 $ 448,671.55 $ 0.00% JUNE $ 343,371.26 $ 330,236.89 $ 377,949.25 $ 0.00% JULY $ 331,432.86 $ 379,162.00 $ 374,225.20 $ 0.00% AUGUST $ 429,696.16 $ 448,253.70 $ 463,185.29 $ 0.00% SEPTEMBER $ 337,512.61 $ 371,880.65 $ 408,571.56 $ 0.00% OCTOBER $ 346,236.36 $ 377,466.67 $ 402,154.81 $ 0.00% NOVEMBER $ 392,790.84 $ 458,694.91 $ 446,217.04 $ 0.00% Sub -Total $ 4,161,281.96 $ 4,611,795.64 $ 4,874,240.18 $ 1,375,538.82 $ 341,366.11 10.69% Total $ 4,161,281.96 $ 4,611,795.64 $ 4,874,240.18 $ 1,375,538.82 $ 341,366.11 10.69% $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 1K WEDC Sales Tay Analysis 4 '-'-� O � ca 2024 2025 * * Sales Tax collections typically take 2 months to be reflected as Revenue. SIsTx receipts are then accrued back 2 months. Example: February SIsTx Revenue is actually December SIsTx and is therefore the 3rd allocation in FY25. 17 1 03119120251tem B. Wylie Economic Development Corporation PERFORMANCE AGREEMENT REPORT February 28, 2025 REMAINING TOTAL PREVIOUS FY TOTAL AFTER INCENTIVE PAYMENTS INCENTIVE CURRENT FY PERFORMANCE AGREEMENTS FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 AMERICAN ENTITLEMENTS 11 $ 35,000.00 12,000.00 $ - $ - $ - $ - $ $ 23,000.00 $ 35,000.00 AXL $ 65,000.00 $ 18,500,00 $ - $ $ $ $ $ 46,500.00 $ 65,000.00 GLEN ECHO BREWING $ 100,000.00 $ 3U,000,00 $ 20,000.00 $ $ $ $ 20, 000. 00 $ 50,000.00 $ i00000.00 A MLKJ $ 80,000.00 $ 40,000,00 $ 40,000.00 $ $ $ $ 1U,000.00 $ - $ 80000.00 B CLF 11 1-1 WYLIE (LOVETT) $ 1,300,000.00 $ 65U.OOU, 00 $ - $ $ $ $ $ 650,000.00 $ 1,300,000.00 PHOENIX ASCENDING $ - $ - $ $ $ $ $ $ - $ - C SANDEN INTERNATIONAL $ 500,000.00 $ 200,000.00 $ $ $ $ $ $ 300,000.00 $ 500,000.00 $ 2,080,000.00 $ 950,500.00 $ 60,000.00 $ $ $ $ 60,000.00 $ 1,069,500.00 $ 2,080,000.00 Deferred OL(fflDW $ 810.500,00 A. 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. B. Performance Agreeement ($80,000) and Forgiveable Land Grant ($200,000 forgiven over 3 years). $50,000 CO & $50,000/year in 2025, 2026, & 2027. C. Forgiveable Land Grant ($450,000 forgiven over 4 years). $112,500 CO & $112,500/year in 2026, 2027, & 2028. 0311912025Item 1. WYLIEEDC Meeting Date: March 19, 2025 Prepared By: Jason Greiner Wylie Economic Development Item Number: Consider and act upon issues surrounding utility relocations at FM 544 Gateway. Recommendation I Motion to award a contract to Capco Telecom in an amount not to exceed $70,000 and further authorize the Executive Director to execute any and all necessary documents. Discussion IN As the Board is aware, the WEDC has been working toward redevelopment at the 544 Gateway Addition, which is currently under construction. Utility conflicts exist onsite along the north side of FM 544/Kirby that will need to be resolved for project completion and subsequent real estate transactions. Staff has been in contact with numerous utility contractors to relocate overhead utilities (aerial fiber) from the old Oncor poles to the new poles. One of the fiber optic lines requiring relocation is owned by Wylie ISD and utilized by the City of Wylie. Application/permit/flagging fees with KCS railroad are included in the project's scope and cost estimation. The Wylie I Lt-tiiter relocation scope of gar ms as trillaws, Install new 5,05 +/- LF ofWylie ISD aerial 72 count OSP fiber and strand on new Oncor poles s,,'arting 608 rya LF Wiest of HWY i Solice 144 strands of Wylie ISD 72ct OSP fiber cable. ('y ct splices oil each end) Remove 05 .r/.. LF of Wylie isD aerial O5P fiber in conflict . AR fiber testing with doctrr'neroed test results. i➢ Permitting (not including railroad tees) and Project Management necessary to complete the Di* ct. The cast 0 this suction will be ........... . . ...x . .... ...... , ... .,., ,., ...,....,. s. 0xs Owner Approved Contingency—. 3,873,08 Estimated KCS raitroodJees orWeors mi`itxt s:; KCS Application and License Fees--- 15 000.00 , C.S Flogger Services- ...... ...... 70f)0.00 Totrrt Fesa¢.. .. 22,000.00 0311912025 Item 2. WYLIEEDC Meeting Date: March 19, 2025 Wylie Economic Development Item Number: 2 Prepared By: Jason Greiner (Staff Use Only) Consider and act upon a First Amendment to the Purchase and Sale Agreement between the WEDC and Aktrian Holdings, LLC. Recommendation I Motion to approve a First Amendment to the Purchase and Sale Agreement between the WEDC and Aktrian Holdings, LLC and further authorize the Board President or his/her designee to execute said agreement. As the Board will recall, on October 16, 2024, the WEDC approved a Purchase and Sale Agreement with Aktrian Holdings, LLC for the sale of all of Lot 3, Block B, Regency Business Park Addition, Phase One, a 0.650-acre lot for $130,000.00. The contract was later executed on October 17, 2024. This item is being brought back to the Board to allow an extension to the Feasibility Period to better line up with the City Planning & Zoning approval process. The proposed First Amendment extends the Feasibility Period deadline by 90 days, from April 15, 2025, to July 14, 2025. Original Analysis: • All of Lot 1 and the southernmost portion of Lot 3, Block B, Regency Business Park Addition Effective Date of Contract: October 1.7, 2024 • Feasibility Period Expiration (180 days after Effective Date): April 15, 2025 • Closing Date: May 15, 2025 As presented: • Amended Feasibility Period Expiration with a 90-day extension: July 14, 2025 • Amended Closing Date on or before: August 13, 2025 0311912025 Item 3. WYLIEEDC Meeting Date: March 19, 2025 Prepared By: Jason Greiner Wylie Economic Development Item Number: Consider and act upon issues surrounding the 2024 WEDC Annual Report. Staff recommends that the WEDC Board of Directors approve the 2024 WEDC Annual Report and present the same to the Wylie City Council for their review. As per the WEDC Bylaws, the WEDC must present an annual report to the Wylie City Council no later than April lst of each year. The report must include but is not limited to, a review of all expenditures made by the Board, a review of accomplishments, and a review of other than direct economic development. WEDC Staff will lead the discussion and make any necessary amendments to ensure that the report is presented to the Wylie City Council on March 25, 2024. 4. Wylie Econonuc Development Corporation shall make reports to the Cite Corxncil of the City of Wylie- The Wylie Economic Developnnent Corporation shall discharge this regiasrenreut by reporting to the Cite Council in the following innanner-- a. Wylie Econonuc Development Corporation shall make a detailed report to the City Council once each year. Such report shall include, but not be limited to the following: i. A rewaew of all expenditures made by the Board in connection wv ith their activities irnvoly rng direct econonuc development as defined in this article, together with a report of all other expenditures made by the Board. ii. A review of the accomplishments of the Board in the area of direct economic development iii. The policies and strategy followed by the Board in relation to direct econonuc development together with any proposed changes in such activities. iv. A review of the activities of the Board in areas of endeavor other than direct econornnic development together- with any proposed changes in such activities- v. The arinual required report shall be made to the City Council no later tham April 1 of each year.. vi. 'The annual report shall be considered by the City Council for its review and acceptance. 0311912025Item DS1. WYLIEEDC Meeting Date: March 19, 2025 Prepared By: Jason Greiner Wylie Economic Development Item Number: DS1 Discussion regarding the Performance Agreement between WEDC and MLKJ Investments, LLC. No action is requested by staff for this item. Staff will lead the discussion regarding the Performance Agreement between WEDC and MLKJ Investments, LLC. 0311912025 It DS2. WYLIEEDC Wylie Economic Development Board AGENDA REPORT Meeting Date: March 19, 2025 Item Number: DS2 Prepared By: Jason Greiner Discussion regarding ICSC events. No action is requested by staff for this item. Staff will lead a discussion about the upcoming ICSC event. ICSC Las Vegas May 18-20, 2025 Sunday, May 18 • Wynn 8:00 am — 5: 00 pm • Badge Pickup (only) • Airport 8: 00 am — 5: 00 pm • Badge Pickup & Registration • LVCC 8:00 am — 7: 30 pm • Badge Pickup & Registration • Wynn 12:00 —12:45 pm • Keynote Presentation #1 1:00 — 4:15 pm • Professional Development Workshops 4:30 — 5:15 pm • Keynote Presentation #2 Monday, May 19 • LVCC 6: 30 am — 5: 00 pm • Badge Pickup & Registration 8:00 am — 5:00 pm • Exhibit Hall Open 10:00 am — 4:30 pm • Sessions Tuesday, May 20 • LVCC 8:00 am — 3:00 pm • Exhibit Hall Open 10:00 am — 12:00 pm • Sessions ICSC LAS VEGAS takes place annually in May, and it's a gathering of dealmakers and industry experts who are driving innovation and evolution in commercial real estate. For more information, please follow the link: ICSC Las Vegas 2025 3 0311912025 It DS3. W "Y' L I E E D C Wylie Economic Development Board AGENDA REPORT Meeting Date: March 19, 2025 Item Number: DS3 Prepared By: Jason Greiner Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. No action is requested by staff on this item. WEDC Property Update: Pending Real Estate Agreements • Lot 1 of 544 Gateway: Deft Ventures - Inspection Period Expiration: 4-14-25; Closing Date: 6-13-25 • Lot 2 of 544 Gateway: SCSD — Inspection Exp: 5-6-24; Closing Date: 6-5-24 • 25 Steel Road: Aktrian Holdings - Feasibility Exp: 4-15-25; Closing Date: 5-15-25 o Proposed 90-Day Extension to be considered on 3-19-25 Listing Agreement — Segovia Partners (SP) • Pad Sites are both under contract. Upon closing, Staff will cancel the listing agreement • SP has continued to market developable properties and has engaged with potential users/developers • Staff will provide project updates as needed in Executive Session Downtown Parking & Drainage: • Staff will request an updated OPCC for the RR ROW parking for future cost estimates and planning purposes. • KH waiting on the City of Wylie downtown project for the regional drainage solution. Engineering Report: Design & Engineering - 544 Gateway Addition Kimley Horn (KH). • Project is under construction with KH providing construction management as needed. Ongoing bi-weekly coordination meetings are being held with the City, contractor, KH, and WEDC. • Ongoing issue with. Frontier regarding a duct bank that conflicts with the construction plans. Due to the conflict, Tiseo has submitted a request to freeze time on this project until the duct bank can be relocated. • Staff has repeatedly attempted to resolve overhead utilities issues and will continue to do so. According to Oncor, Frontier Telecom, Wylie ISD Fiber, and Suddenlink CATV own the remaining overhead utilities. Oncor has notified each of them that they need to transfer their utilities to the new poles. Staff has engaged the services of a private fiber company to relocate the lines and hope to have an update by next Friday. Capco will be engaged for relocation of the Wylie ISD Fiber. MCl/Frontier handholes have been moved. Ongoing coordination for power pole relocation. coordination with Walk-On's ALTA F24] 0311912025 It DS3. • Paving will begin soon, and the detention pond is nearing completion. • Next project coordination meeting: 3/20/25 State Hwy 78 TxDOT Improvements • The project is complete and the irrigation and sod has been installed. • Pay App #8 is currently being revised and updated. Final inspections are being coordinated to finish out the job. Design & Engineering - Cooper Plaza - State Hwy 78 & Brown • The project is under construction, with KH providing construction management as needed. Ongoing bi-weekly coordination meetings are being held with the City, contractor, KH, and WEDC. • Coordination is ongoing regarding site lighting. • The projected completion date is 7/28/25 (7-11 is anticipated to open in Sept/Oct). • Next project coordination meeting: 3/20/25 Flood Study & Drainage Study- Hooper/Steel/Regency Business Park (KH) • Existing storm sewer analysis is complete. • KH preparing an IPO for the final design of the Option 6 improvements (including existing storm sewer recommendations). Water & Sewer Extension - State Hwy 78/Alanis (KH) • Design is complete. Waiting on the signed and filed drainage and sanitary sewer easements. • A pre -con meeting can be scheduled once all easements are signed and filed. • Contractor will need to coordinate with NTMWD on shutdown for tie-in. Jackson Avenue Development • Jackson/Oak/Marble parking exhibit and downtown sidewalk exhibit was completed. • KH is coordinating with the City and design team for the Downtown infrastructure/wayfinding project to coordinate parking, drainage, and the development's "theme." • Once the drainage solution is known, KH will prepare an IPO for a master plan, preliminary and final engineering, and an OPCC for the development of the block at Jackson/Oak/Marble. Architect/planner will be engaged to help plan the buildings (anticipated to be shell buildings/condominiums for sale/lease). The development will meet the requirements of the Downtown overlay district. Westgate Gas Line & Easement Coordination • Ongoing work on the abandonment of the former easements is still taking place. • Staff is still waiting for a response from Atmos with the updated signature block information in place. Once staff receives the final document and obtains the last set of signatures, the documents will be sent to Atmos for filing. 544 Corridor - Due Diligence Study (IPO #1.4) • KH to prepare IPO that includes: o Topographic Survey. o Preliminary flood study of Muddy Creek (final flood study to be prepared with infrastructure construction drawings). o Preliminary roadway alignment. o Coordination with City/NTMWD/Oncor/FEMA. o Updated concept plan showing proposed major infrastructure improvements and developable area. BRIE & Workforce Updates: • 7 BRE visits were conducted in February. • Met with NTMWD and Wylie ISD to explore adding a licensure program for certified Water Operators in 2025. 25 0311912025 It DS3. • Facilitated a meeting between Keith Self s regulatory staff and Helm Dental Laboratory to solicit support for an industry issue. • Participated in Regional BRE Strategic Planning session for 2025 programs. • Participated in Wylie ISD CTE Strategic Planning meeting for Spring 2025 programs. • WEDC was awarded the Partnership Excellence Award on February 25`h at the WSNCT Annual luncheon. Additional WEDC Activities/Prouams in Review: • Ongoing efforts toward social media, Discover Wylie, and Social Media Rescue for local businesses. • Ongoing meetings and discussions with real estate developers, contractors, and property owners continue. • Worked with legal regarding ongoing real estate projects and performance agreements. • Staff attended a Legislative Trip to Austin with the City's team (MP, JF, BP, LY, JG) • Staff attended Project U (RH, AW, CS) • Staff attended Entertainment Experience LA (BP, JG, RH) • Participated in the ongoing Leadership Wylie Classes. This month featured SIMSOC. (MW, MB) • Staff and Board facilitated and attended Hidden Lakes Broker/Developer Event (BB, MW, JG, RH, CS) • Staff and Board attended Deanan Event — Next Generation Celebration (HS, RH, AW, MB, CS) • Sales tax revenues for March are down 43.05%. (This is due to a significant audit collection adjustment reported last March of $1,021,148, which has impacted the year -over -year calculation for this month.) YTD sales tax revenues are up 7.10%. Upcoming Events: • State of the City Luncheon- March 25, 2025 • Boots `N Barbecue- March 29, 2025 • P3C — Public, Private, Partnership Conference- April 7-9, 2025 • ICSC Las Vegas- May 18-20, 2025 Please see the attached Marketing Calendar for the full list of upcoming events. WYLIEECONOMIC 1 03/99/2025 It DS3. DEVELOPMENT Day Time Meeting/Event 4 8:30 am WDMA Meeting 6 Leadershia Wvlie — SIMSOC — mw. mb 11 6:00 pm City Council 17-18 Legislative Trip to Austin — mp, if, bp, ly, ig 18 Proiect U in Burleson — rh, aw, cs 19 7:30 am WEDC Board Meeting 25 6:00 pm City Council 25 11:30 am WSNCT Empowering Excellence — Texas Motor Speedway — hs, aw 25-26 Entertainment Experience Evolution — Los Angeles — bp, jg, rh 27 Broker/Developer Tour & Event: Hidden Lakes Day Time Meeting/Event 4 8:30 am WDMA Meeting 11 6:00 pm City Council 13 11:30 am Annual Employee Award Banquet 13 Leadership Wylie — Legislative Trip to Austin — mw, mb 17-21 Wylie ISD Spring Break 19 7:30 am WEDC Board Meeting 25 6:00 pm City Council & WEDC Annual Report 25 11:30 am Chamber of Commerce: State of the City Luncheon *RSVP Required 27 5:00 pm 5:01 Chamber Professional Mixer — Cristina's Murphy 29 5:30 pm Boots 'N Barbecue Gala — WISD Ed Foundation - Plano, TX *RSVP Required Day Time Meeting/Event 1 8:30 am WDMA Meeting — Mayor's Breakfast 3 NTCAR's 51" Annual Clay Shoot — Dallas 4 BRE Alliance — Collin Corporate Training Strategies 7-9 P3C Conference — Dallas 8 6:00 pm City Council 9 9:00 am Skills Development Fund (SDF) Check Signing Ceremony 11 Build Your Future Career Day 14-16 TEDC CTED / TEEX Training & Capstone Proiect, College Station- ig 16 7:30 am WEDC —Board Meeting 17 Leadership Wylie — Public Safety Day — mw, mb 8 Good Friday —OfficeClosed 22 11:30 am Chamber of Commerce: State of the Chamber Luncheon 2025 22 6:00 pm City Council - Small Business Week Proclamation & Appreciation Reception 24 5:01 pm 5:01 PM Professional Networking —The Venue at Boyd Farm Around the Corner... • Pedal Car Race — May 4 • National Small Business Week — May 4-10 • Taste of Wylie — May 5 • National Economic Development Week— May 11-17 • ICSC— Las Vegas —May 18-20