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04-25-2025 (WEDC) Agenda Packet Special CalledWylie Economic Development Corporation Board Special Called Meeting April 25, 2025 — 11:00 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 March 19, 2025 Regular Meeting of the WEDC Board of Directors. B. Consider, and place on file, the monthly Revenue and Expenditure Report for the Wylie Economic Development Corporation as of March 31, 2025. CC. Consider and act upon a Performance Agreement between the WEDC and Sands RX, LLC. REGULAR AGENDA 1. Consider and act upon issues surrounding construction services for Cooper Plaza at Hwy 78 & Brown. 2. Consider and act upon issues surrounding the 544 Corridor Master Drainage Analysis. 3. Consider and act upon issues surrounding the 544 Corridor Master Plan. DISCUSSION ITEMS DS 1. Discussion regarding the Performance Agreement between WEDC and MLKJ Investments, LLC. DS2. Discuss issues surrounding the FY 2025-2026 Budget. DS3. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. age 11 1 EXECUTIVE SESSION See. 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, State Hwy 78/Brown, and State Hwy 78/Skyview. See. 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, 2023-1e, 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, 2025-3d, 2025-4a, 2025-4b, 2025-4c, 2025-4d, 2025-4e, and 2025-4f. RECONVENE INTO OPEN SESSION Take any action as a result from Executive Session. FUTURE AGENDA ITEMS ADJOURNMENT CERTIFICATION I certify that this Notice of Meeting was posted on April 17, 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. 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 04125120251tem A. Minutes Wylie Economic Development Corporation Board of Directors Regular Meeting March 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 7:35 a.m. Board Members present were Vice President Blake Brininstool, Harold Smith, and Melisa Whitehead. Ex-Officio Members, Mayor Matthew Porter and Deputy City Manager Renae' 011ie 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 Angel Wygant gave the invocation and led the Pledge of Allegiance. CK��►I-f�1fI1.Y�L�►[�1►�1�117_� 111� �1►� (.v 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 fi°om the Consent Agenda and will be considered separately. A. Consider and act upon approval of Minutes from 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. Board Action A motion was made by Harold Smith, seconded by Blake Brininstool, to approve the Consent Agenda. A vote was taken, and the motion passed 4-0. REGULAR AGENDA 1. Consider and act upon issues surrounding utility relocations at FM 544 Gateway. Staff Comments Staff reminded the Board that the WEDC has been working toward redevelopment at the 544 Gateway Addition. However, onsite utility conflicts along the north side of FM 544/Kirby must be resolved. Staff discussed overhead fiber-optic lines that need to be relocated, noting that one of them is a WISD/City of Wylie telecom line that can only be removed by Capco Telecom. 0 04125120251tem A. WEDC — Minutes March 19, 2025 Page 2 of 4 Board Action A motion was made by Blake Brininstool, seconded by Melisa Whitehead, 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. A vote was taken, and the motion passed 4-0. President Dawkins moved to Discussion Item 1. 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 that excavation will begin by the end of the month. Additional comments by Khayal include the completion of silt fence installation; the submittal of the plat, with the surveyor needing to correct two items; and staking will be completed within the next week. Khayal stated that the current tenants have asked to remain on - site until the end of the month to allow them time to move to their new property. Khayal shared that he would have a construction schedule once the dirt has been turned and the location of utilities are understood. Khayal inquired about potential widening of the road and future gas line installation, with Staff noting that there are no immediate plans for road widening and the gas line extension has been approved at the corner at Kreymer and 78 so that it can eventually extend down to Eubanks. The Board inquired whether any concerns about road widening/gas lines would impact the construction timeline. Khayal discussed traffic and safety and shared his plan for the number of suites he wishes to have on the property but stated that, ultimately, it will not affect the project timeline. President Dawkins moved back to the Regular Agenda. REGULAR AGENDA 2. Consider and act upon a First Amendment to the Purchase and Sale Agreement between the WEDC and Aktrian Holdings, LLC. Staff Comments Staff stated that Aktrian Holdings has requested more time to submit their plans for 25 Steel. Road to P&Z for approval. The Board discussed reviewing the finalized concept plan prior to closing to ensure it was agreed upon. The Board discussed extending the Feasibility Period by 90 days. Board Action Motion was made by Melisa Whitehead, seconded by Blake Brininstool, 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. A vote was taken, and the motion passed 4-0. President Dawkins moved to Discussion Items. DISCUSSION ITEMS 5] 04125120251tem A. WEDC — Minutes March 19, 2025 Page 3 of 4 DS2. Discussion regarding ICSC. Staff Comments Discussion regarding ICSC 2025 was brought back to the Board for further consideration. The Board discussed the number of Board Members who should attend ICSC events, their purpose at these events, and who should attend this year's ICSC event in May. The Board discussed sending two Board Members to divide and conquer in effort to make the event more beneficial. Demond Dawkins and Melisa Whitehead volunteered to attend ISCS 2025. DS3. 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. Staff shared a new program between WISD and the North Texas Municipal Water District that would open a career pathway for the students. Mayor Porter provided feedback and updates from the Legislative Trip to Austin, highlighting proposed HB134 related to the collection of local sales and use taxes. Staff noted a 43.05% decrease in sales tax reporting for the month of March due to a significant audit collection adjustment reported last year. Staff noted that YTD sales tax revenues are up 7.10%. EXECUTIVE SESSION Recessed into Closed Session at 8:20 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: 2022-1b, 2022-1c, 2023-1c, 2023-2d, 2023-11b, 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 of the Executive Session. President Dawkins reconvened into Open Session at 10:07 a.m. and moved back to the Regular Agenda. 6] 04125120251tem A. WEDC — Minutes March 19, 2025 Page 4 of 4 REGULAR AGENDA 3. Consider and act upon issues surrounding the 2024 WEDC Annual Report. Staff Comments Staff presented the proposed 2024 WEDC Annual Report to the Board. As per the WEDC Bylaws, the WEDC must present an annual report to the Wylie City Council no later than April 1st 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. Once approved, the final report will be presented to the Wylie City Council on March 25, 2025. Staff discussed the full proposed Annual Report for the Board's review and approval. Staff then discussed the 2025 WEDC Goals and Objectives included within the Annual Report. Board Action A motion was made by Blake Brininstool, seconded by Melisa Whitehead, to approve the 2024 WEDC Annual Report with changes and present the same to the Wylie City Council for their review. A vote was taken, and the motion passed 4-0. President Dawkins then entertained any action to be made as a result of the Executive Session. Board Action A motion was made by Harold Smith, seconded by Blake Brininstool, to approve payment in an amount not to exceed $1.0,000 to DT Retail. Properties, LLC, for the purpose of funding the acquisition of a right-of-way easement tract for the City of Wylie at the southwest corner of State Highway No. 78 and Kreymer Lane, and authorize the Executive Director or his designee to tender such payment on behalf of Wylie EDC. A vote was taken, and the motion passed 4-0. FUTURE AGENDA ITEMS There were no Items requested for inclusion on future agendas. ADJOURNMENT With no further business, President Dawkins adjourned the WEDC Board meeting at 10:11 a.m. Demond Dawkins, President ATTEST: Jason Greiner, Executive Director 0 04125120251tem B. WYLIEEDC Wylie Economic Development Meeting Date: April 25, 2025 Item Number: Prepared By: Jason Greiner Consider and act upon approval of the March 2025 WEDC Treasurer's Report. Motion to approve the March 2025 WEDC Treasurer's Report. Presented for the Board's review and approval is the March 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, Performance Agreement Summary, and Quarterly Inventory Subledger. REVENUES: Sales Tax Revenue earned in January and allocated in March was $329,048.32, a decrease of 43.05% over the same period in 2024. This is due to a significant audit collection adjustment of $1,021,148 that was reported last March, which has impacted the year -over -year calculation for this month. YTD sales tax revenues as of March are up 7.1.0%. EXPENSES: Incentives $30,000 Glen. Echo Brewing — Year Two Incentive Special Services - Infrastructure $43,1.25.00 Zachary Construction Services — Hwy 78/Brown Sod & Irrigation for TxDOT Improvements $229,279.61 Tiseo Paving Company— FM 544 Gateway Project— Est #9 Travel and Training $16,910.40 Hidden Lakes Broker/Developer Event En ig�neering/Architectural $21,842.50 Kimley Horn & Associates FM 544 Gateway, Regency Drainage & General Engineering Notes: The second loan forgiveness in the amount of $33,000 for Glen Echo was processed in March. The Statement of Net Position now shows receivables in the amount of $684,000. This includes incentives in the form of forgivable loans for $34,000 (Glen Echo), $450,000 (Phoenix Ascending), and $200,000 (MLKJ). 11-31 1 0412512025 Item B. WYLIEECONOMIC DEVELOB PMENT March RevjExp Report Account Summary For Fiscal: 2024-2025 Period Ending: 03/31/2025 Variance Original Current Period Fiscal Favorable Percent Total Budget Total Budget Activity Activity (Unfavorable) Remaining Fund: Ill - WYLIE ECONOMIC DEVEL CORP Revenue Category: 400 - Taxes 111-4000-40210 SALES TAX 4,990,217.00 4,990,217.00 329,048.32 1,704,587.15 -3,285,629.85 65.84% Category: 400 - Taxes Total: 4,990,217.00 4,990,217.00 329,048.32 1,704,587.15 -3,285,629.85 65.84% Category: 460 - Interest Income Ell 4000-46110 ALLOCATED INTEREST EARNINGS 112,000.00 - - - --- - --- 112,000.00 - - - - - - - - 0.00 - - 175,004.18 63,004.18 156.25% PPmm56.25% Category: 460 - Interest Income Total: 112,000.00 112,000.00 0.00 175,004.18 63,004.18 Category: 480 - Miscellaneous Income 11-4000-481.10 RENTAL INCOME 4,800.00 4,800.00 400.00 4,100.00 -700.00 14.58% 111-4000-48410 MISCELLANEOUS INCOME 0.00 0.00 0.00 400.00 400.00 0.00% 111-4000-48430 GAIN/(LOSS) SALE OF CAP ASSETS 4,121,530.00 4,121,530.00 0.00 925, 593.76 -3,195 93 6.2 4 77.54% Category: 480 - Miscellaneous income Total: 4,126,330.00 4,126,330.00 400.00 930,093.76 -3,196,236.24 77.46% Revenue Total: 9,228,547.00 9,228,547.00 329,448.32 2,809,685.09 -6,418,861.91 69.55% Expense Category: 510 - Personnel Services 111-5611-51110 SALARIES 470,558.40 470,558.40 35,272.38 210,236.48 260,321.92 55.32% 111-5611-51140 LONGEVITY PAY 2,807.68 2,807.68 0.00 2,664.00 143.68 5.12% 1J 1-5611-51310 TIVIRS 74,649.83 74,649.83 5,683.34 33,526.38 41,123.45 55.09% 111-5611-51410 HOSPITAL& LIFE INSURANCE 79,943.76 79,943.76 6,503.57 39,021.42 40,922.34 51.19% 111-5611-51420 LONG-TERM DISABILITY 1,741.07 1,741.07 80.80 484.80 1,256.27 72,16% 1J 1-S611-51440 FICA 29,348.70 29,348.70 2,051.21 12,274.46 17,074.24 58.18 % 111-5611-51450 MEDICARE 6,863.81 6,863.81 479.72 2,870.60 3,993.21 58,18% 111. 5611-51470 WORKERS COMP PREMIUM 994.07 994.07 0.00 724.00 270.07 27.17% 111-5611-51480 UNEMPLOYMENT COMP (TWC) 585.00 585.00 1.92 315.00 270.00 46.15% Category: 510 - Personnel Services Total: - ------- 667,492.32 - - 667,492.32 - - - -- - 50,072.94 151 - --- - - -i 302,117.14 - - 365,375.18 7 54.4% Category: 520 - Supplies 111-5611-52010 OFFICE SUPPLIES 5,000.00 5,000.00 188.26 1,022.50 3,977.50 79.55% 111-5611-52040 POSTAGE & FREIGHT 300.00 300.00 0.00 223.85 76.15 25.38% 1J 1-5611-52810 FOOD SUPPLIES ....................... 3,000.00 - - - 3,000.00 - - . ..... - -- - - 267.84 1,308.65 1,691.35 56.38% - - Category: 520 - Supplies Total: 8,300.00 8,300.00 456.10 2,555.00 5,745.00 69.22% Category: 540 - Materials for Maintenance 111-5611-54610 FURNITURE & FIXTURES 2,500.00 2,500.00 0.00 0.00 2,500.00 100.00% 111-5611-54810 COMPUTER HARD/SOFTWARE 7,650.00 7,650.00 0.00 0.00 7,650.00 100.00% ...................... Category: 540 - Materials for Maintenance Total: 10,150.00 10,150.00 0.00 - - - -i 0.00 - 10,150.00 100.00% Category: 560 - Contractual Services 111-5611-56030 INCENTIVES 1,741,250.00 1,741,250.00 63,000.00 263,000.00 1,478,250.00 84.90% 111-5611- 56040 SPECIAL SERVICES 87,270.00 87,270.00 8,907.50 9,632.50 77,637.50 88.96% 111-5611-56041 SPECIAL SERVICES -REAL ESTATE 71,000.00 71,000.00 0.00 6,411.39 64,588.61 90.97% 111-5611-56042 SPECIAL SERVICES-INFRASTRUCTUR 9,020,667.00 9,020,667.00 274,887.11 3,224,105.09 5,796,561.91 64.26% 111-5611-56080 ADVERTISING 226,125.00 226,125.00 3,950.00 93,875.31 132,249.69 58.49% 111-5611-56090 COMMUNITY DEVELOPMENT 74,450.00 74,450.00 100.13 20,588.61 53,861.39 72.35% 111-5611-56110 COMMUNICATIONS 7,900.00 7,900.00 521.11 2,595.41 5,304.59 67.15% 1J 1-S611-56180 RENTAL 27,000.00 27,000.00 4,500.00 15,750.00 11,250.00 41.67% 111-5611-56210 TRAVEL & TRAINING 95,500.00 95,500.00 30,382.53 55,881.94 39,618.06 41.48% 11.1. 5611-56250 DUES & SUBSCRIPTIONS 91,053.00 91,053.00 5,869.19 64,595.85 26,457.15 29.06% 111-5611-56310 INSURANCE 6,800.00 6,800.00 0.00 5,816.85 983.15 14.46% 111-5611-56510 AUDIT & LEGAL SERVICES 53,000.00 53,000.00 2,026.40 14,083.40 38,916.60 73.43% 111-5611-56570 ENGINEERING/ARCHITECTURAL 855,300.00 855,300.00 22,695.50 76,060.07 779,239.93 91.11% 111-5611-56610 UTILITIES -ELECTRIC 2,400.00 2,400.00 0.00 786.35 1,613.65 67.24% 4/9/2025 9:54;15 AM Ilige 1 of 4 04125120251tem B. Budget Report For Fiscal: 2024-2025 Period Ending: Variance Original Current Period Fiscal Favorable Percent Total Budget Total Budget Activity Activity (Unfavorable) Remaining Category: 560 - Contractual Services Total: 12,359,715.00 12,359,715.00 416,839.47 3,853,182.77 8,506,532.23 68.82% Category: 570 - Debt Service & Capital Replacement 1_.11 __561,1 _571110 PRINCIPAL PAYMENT 606,744.04 606,744.04 52,011.62 309,415.55 297,328.49 49.00 % 111,__ 61 -5241_5 INTEREST EXPENSE 625,253.60 625,253.60 50,654.85 306,583.27 318,670.33 50.97 % Category: 570 - Debt Service & Capital Replacement Total: ... .................. 1,231,997.64 1,231,997.64 102,666.47 615,998.82 615,998.82 50.00% Category: 580 - Capital Outlay 1,11 _ 611 58110- 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 15,277,654.96 570,034.98 4,773,853.73 10,503,801.23 68.75% Fund: 111- WYLIE ECONOMIC DEVEL CORP Surplus (Deficit): -6,049,107.96 -6,049,107.96 -240,586.66 -1,964,168.64 4,084,939.32 67.53% Report Surplus (Deficit): -6,049,107.96 -6,049,107.96 -240,586.66 -1,964,168.64 4,084,939.32 67.53% 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 04125120251tem B. For Fiscal: 2024-2025 Period Ending: Group Summary Variance Period Fiscal Favorable Percent Activity Activity (Unfavorable) Remaining 329,048.32 1,704,587.15-3,285,629.85 65.84% 0.00 175,004.18 63,004.18 56.25% 400.00 930,093.76-3,196,236.24 77.46% 329,448.32 2,809,685.09-6,418,861.91 69.55% 50,072.94 302,117.14 365,375.18 54.74% 456.10 2,555.00 5,745.00 69.22% 0.00 0.00 10,150.00 100.00% 416,839.47 3,853,182.77 8,506,532.23 68.82% 102,666.47 615,998.82 615,998.82 50.00% 0.00 0.00 1,000,000.00 100.00% 570,034.98 4,773,853.73 10,503,801.23 68.75% -240,586.66-1,964,168.64 4,084,939.32 67.53% -240,586.66-1,964,168.64 4,084,939.32 67.53% 4/9/2025 9: 41 15 AM Page 3 of 4 (1 1 Budget Report 1 0412512025 Item B. For Fiscal: 2024-2025 Period Ending: 03/31/2= Original Current Fund Total Budget Total Budget 111 - WYLIE ECONOMIC DEVEL CO P -6,049,107.96 -6,049,107.96 Report Surplus (Deficit): -6,049,107.96 -6,049,107.96 Fund Summary Variance Period Fiscal Favorable Activity Activity (Unfavorable) -240,586.66 -1,964,168.64 4,084,939.32 -240,586.66 -1,964,168.64 4,084,939.32 4/9/2025 9:5415 AM Page 4 of 4 F12] 04125120251tem B. Wylie Economic Development Corporation Statement of Net Position As of March 31, 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 $ 12,166,553.25 $ 684,000.00 Note 1 $ 14,063,964.34 $ 26,914,517.59 $ 84,397.55 $ 84,397.55 $ 278,037.26 $ 1,200.00 Note 2 $ 375,805.29 Note 3 $ 14,482,701.43 $ 15,137,743.98 $ (8,542.41) $ (8,542.41) $ 11,852,628.75 $ 11,852,628.75 Note 1: Includes incentives in the form of forgivable loans for $34,000 (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 ECONOMIC WYLIEDEVELOPMENT Account Name Fund: 111- WYLIE ECONOMIC DEVEL CORP Assets Balance 04125120251tem B. Balance Sheet Account Summary As Of 03/31/2025 iJ 2 w11�0 10 10 CLAIM ON CASH AND CASH EQUIV. 12,164,553.25 11:1 1WOf 1.0115 CASH - WEDC - INWOOD 0.00 i 11 1C00 .10i35 ESCROW 0,00 !Imo? t 00_1€?1.80) DEPOSITS 2,000.00 21111)QO.1.0198 OTHER - MISC CLEARING 0.00 11.1_1Ci09 10341 TEXPOOL 0.00 11T.-1000-101i3 LOGIC 0.00 11l 1Ct0Q 1048I INTEREST RECEIVABLE 0.00 i it 1Q00-11513 ACCTS REC - MISC 0.00 1 1.1 1 QQQ- .151 r ACCTS REC - SALES TAX 0.00 i12.1€iQQ-1 F10 LEASE PAYMENTS RECEIVABLE 0.00 122 i 00 1.2950 LOAN PROCEEDS RECEIVABLE 0.00 k1.-1000 1?995 LOAN RECEIVABLE 0.00 111 1000 121!1L7 ACCTS REC - JTM TECH 0.00 U 1f➢fGi 12_998 ACCTS REC - FORGIVEABLE LOANS 684,000.00 11.1 10Q0 141,1,' INVENTORY- MATERIAL/ SUPPLY 0.00 `E_Ci'I.MO 111.a INVENTORY''- LAND &'BUILDINGS 14,063,964.34 111 t9Qt t411� INVENTORY - BAYCO/SANDENBLVD 0.00 l 1CbQ0-1< ILQ PREPAID EXPENSES - MISC 0,00 1N11 1000 14419 DEFERRED OUTFLOWS mmmmmmmmm27,695,017.59 780,500.00 Total Assets: 27,695,017.59 Liability 'MI-AM-i0112 FEDERAL INCOME TAX PAYABLE 0.00 ] 1.[ ?00 2011.1. MEDICARE PAYABLE 0.00 €Ll 21IQ0-2t112 CHILD SUPPORT PAYABLE 0.00 1?1 If)QQ 20113 CREDIT UNION PAYABLE 0.00 11.E 4000.20i14 IRS LEVY PAYABLE 0.00 2 1 20 ti ?C 1 5 NATIONWIDE DEFERRED COMP 0.00 €1' _200_ €3116 HEALTH INSUR PAY -EMPLOYEE -2,609.18 111 2POK) 201, Li TMRS PAYABLE 8,426.72 111.2000 2013.8 ROTH IRA PAYABLE 0.00 111 2000 2011.2 WORKERS COMP PAYABLE 0.00 111 2000 20120 FICA PAYABLE 0.00 21.i 2: t1 ZC11:1 TEC PAYABLE 0.00 I.B1 2Q00 20.i?2 STUDENT LOAN LEVY PAYABLE 0.00 jIL2000 2C 1.23 ALIMONY PAYABLE 0.00 111.-2000-20124 BANKRUPTCY PAYABLE 0.00 l l:1 ZQ00 201.25 VALIC DEFERRED COMP 0.00 €1 -2000-2012E ICMA PAYABLE 0.00 11:L ?0Q0 ?01:1"? EMP. LEGAL SERVICES PAYABLE 0.00 11 2000 20mJ30 FLEXIBLE SPENDING ACCOUNT 4,791.60 11I 2000 201 311. EDWARD JONES DEFERRED COMP 0.00 11 s 2000-20132 EMP CARE FLITE -3.00 11:1 2000-20133 Unemployment Comp Payable 328.70 111-2000-20151 ACCRUED WAGES PAYABLE 0.00 1112000-201.80 ADDIT EMPLOYEE INSUR PAY 49.46 111.2000 20199 MISC PAYROLL PAYABLE 0.00 11.:I 200Q 2.02Q1 AP PENDING 48.00 111-2000 20210 ACCOUNTS PAYABLE 0.00 1 E1 2000-2053Q PROPERTY TAXES PAYABLE 0.00 111-2000 r0540 NOTES PAYABLE 780,500.00 11.1.-20002061.0 RETAINAGE PAYABLE 267,004.96 4/1 r/20 5 4 25:02 €M Page 1 of :3 F14] Balance Sheet 1 0412512025 Item B. As ut u3/3i/zuz5 Account Name Balance 111-2000-20810 DUE TO GENERAL FUND 0.00 11.1-2000-22270 DEFERRED INFLOW OM 11-1-209Q-22289 111-2000-22915 Equity 111-3Q00-3411-0 11.1-3000-34590 Total Revenue Total Expense Revenues Over/Under Expenses DEFERRED INFLOW - LEASE INT 0.00 Total Liability: 1,059,737.26 FUND BALANCE-UNRESERV/UNDESIG 28,566,712.00 .......... -- Total Beginning Equity: 28,566,712.00 2,842,422.06 4,773,853.73 -1,931,431.67 Total Equity and Current Surplus (Deficit): 26,635,280.33 Total Liabilities, Equity and Current Surplus (Deficit): 27,695,017.59 411512025 42b�02 PM Page 2 of :1 F15] Balance Sheet 04125120251tem 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 411512025 42b. 02 PM Page:3 of F16] Wylie Economic Development Corporation SALES TAX REPORT March 31, 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 $ 329,048.32 $ (248,709.40) -43.05% 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 $ 1,704,587.14 $ 92,656.72 7.10% Total $ 4,161,281.96 $ 4,611,795.64 $ 4,874,240.18 $ 1,704,587.14 $ 92,656.72 7.10% WEDC Sales Tax Analysis $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 A O&C, 5� *** Sales Tax collections typically take 2 months to be reflected as Revenue. SIsTx receipts are then accrued back 2 months. Example: March Sls Tx Revenue is actually January SIsTx and is therefore the 4th allocation in FY25. 2024 2025 1 0412512025 /tem B. Wylie Economic Development Corporation PERFORMANCE AGREEMENT REPORT March 31, 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 $ 1Z000,00 $ - $ - $ - $ - $ $ 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 $ 30,000.00 $ 20,000.00 $ $ $ $ 2o,oO000 $ 50,000.00 $ i00000.00 A MLKJ $ 80,000.00 $ 40,00000 $ 40,000.00 $ $ $ $ 40,000.00 $ - $ 80,000.00 B CLF 11 LI WYLIE (LOVETT) $ 1,300,000.00 $ 650, 000 00 $ - $ $ $ $ $ 650,000.00 $ 1,300,000.00 PHOENIX ASCENDING $ - $ -1 $ $ $ $ $ $ - $ - 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 Deferfed Outflow $ 780,500,00 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. Wylie Economic Development Corporation Inventory Subledger (Land) March 31, 2025 Property Purchase Date Address Acreage SF Improvements Cost Basis Sub -totals Cooper St. McMasters 7/12/05 709 Cooper 0A750 20691 n/a $ 202,045.00 Heath 12/28/05 706 Cooper 0A640 20212 $ 180,414.00 3,625 $ 186,934.22 Perry 9/13/06 707 Cooper 0A910 21388 n/a $ 200,224.00 Bowland/Anderson 10/9/07 Cooper Dr. 0.3720 16204 n/a $ 106,418.50 Duel Products 9/7/12 704 Cooper Dr. 0.5000 21780 n/a $ 127,452.03 Randack 10/23/12 711-713 Cooper Dr. 1.0890 47437 n/a $ 400,334.00 Lot 2R3 7/24/14 Cooper Dr. 0.9500 41382 n/a $ 29,056.00 $ 1,252,463.75 Regency Dr. Regency Pk. (contract) 6/4/10 25 Steel Road 0.6502 28323 n/a $ 25,170.77 Steel/Hooper 12/29/22 Lot 2R Helmberger Industrial Park 3.6885 160671 n/a $ 345,441.57 $ 370,612.34 544 Gateway I et 1R (etr (under cr act) Replat 1/23 544 Gateway Addition 1,899 82722 n/a $ 1,015,233.35 (Lot 6 Sold) I of 2R (w der coi*act) Replat 1/23 544 Gateway Addition 1,483 64617 n/a $ 793,033.69 Lot 3R Replat 1/23 544 Gateway Addition 0.846 36847 n/a $ 452,217.10 Lot 4R Replat 1/23 544 Gateway Addition 1,183 51518 n/a $ 632,271.85 Lot 5R Replat 1/23 544 Gateway Addition 2,874 125185 n/a $ 1,536,374.69 Lot 7R Replat 1/23 544 Gateway Addition 0,931 40576 n/a $ 497,982.50 $ 4,927,113.18 Downtown Heath 3/17/14 104 N. Jackson 0.1720 7492 n/a $ 220,034.00 Udoh 2/12/14 109 Marble 0.1700 7405 n/a $ 70,330.00 Peddicord 12/12/14 100 W. Oak St 0.3481 15163 n/a $ 486,032.00 City Lot 12/12/14 108/110 Jackson 0.3479 15155 n/a $ - Pawn Shop/All The Rave 1/7/22 104 S. Ballard 0.0860 3746 n/a $475,441.20 FBC Lot 6/15/16 111 N. Ballard St 0.2000 8712 n/a $ 150,964.00 FFA Village 1/7/18 102, N. Birmingham 0.1700 7405 n/a $ 99,804.00 Boyd 7/28/21 103 S. Ballard 0.0760 3311 n/a $ 328,792.20 Keefer 10/27/21 401 N Keefer Dr 0A890 21301 n/a $ 237,951.39 Parupia 8/19/22 200 W Brown 0.0770 3354 n/a $ 159,325.57 UP Lot 9/30/22 UP Lot 0A760 20735 n/a $ 82,126.92 Brothers JV 2/26/19 306 & 308 N. 2nd Street 0.3770 16422 n/a $ 145,923.04 Pulliam 2/27/19 300 N. 2nd Street 0.2570 11195 n/a $ 218,472.20 Swayze 4/18/19 208 N. 2nd Street 0.2580 11238 n/a $ 187,501 A0 Swayze 5/9/19 204 N. 2nd Street 0.2580 11238 n/a $ 187,658.20 Kreymer 10/9/19 302 N. 2nd Street 0.1290 5619 $ 207,286.00 1,386 $ 187,941.76 City of Wylie 5/14/20 ROW Purchase/Alleys 0.6126 26685 n/a $ 26,684.86 $ 3,264,982.74 South Ballard Birmingham Trust 6/3/15 505 - 607 S. Ballard 1.1190 48744 n/a $ 409,390.00 Murphy 3/7/19 701 S. Ballard 0.2000 8712 n/a $ 172,487.04 Marlow 3/31/22 305 S. Ballard 0.1865 8125 n/a $ 186,154.60 Braley 7/22/19 503 S. Ballard 0.2558 11142 n/a $ 177,397.96 $ 945,429.60 Brown & 78 Lot 2 Final Plat 10/24 Cooper Plaza 1.0144 44188 n/a $ 339,071.64 (Lot 1 Sold) Lot 3 Final Plat 10/25 Cooper Plaza 0.9072 39518 n/a $ 303,236.92 Lot 4 Final Plat 10/26 Cooper Plaza 1.6154 70365 n/a $ 539,937.90 Lot 5 Final Plat 10/27 Cooper Plaza 1.8135 78996 n/a $ 606,166.90 Lot 6 Final Plat 10/28 Cooper Plaza 2.9784 129737 n/a $ 995,522.25 Lot 7 Final Plat 10/29 Cooper Plaza 1.5540 67692 n/a $ 519,426.93 $ 3,303,362.54 Total 34.0439 $ 387,700.00 5,011 $ 14,063,964.15 $ 14,063,964.15 04/25/20251tem B. 04125120251tem C. WYLIEEDC Meeting Date: April 25, 2025 Prepared By: Jason Greiner Wylie Economic Development Item Number: C Consider and act upon a Performance Agreement between the WEDC and Sands RX, LLC. Motion to approve a Performance Agreement between the WEDC and Sands RX, LLC. As the Board will recall, the WEDC approved a Performance Agreement with Project 2024-7a (Sands RX, LLC) in an amount not to exceed $40,000, subject to City Council approval, on September 18, 2024. Additionally, on October 8, 2024, City Council authorized the WEDC to enter into a Performance Agreement with Project 2024-7a in an amount not to exceed $40,000. For clarity, Staff is simply bringing this item back to the consent agenda with the inclusion of the LLC name, as both former approvals were tied only to "Project 2024-7a". Sands RX, LLC plans to invest over $600,000 in the project and hire ten additional employees over the next several months. The following Agreement outlines a $40,000 infrastructure reimbursement incentive, payable over a two-year period. The Performance Measures and Incentive Payments are identified as follows: Incentive No. 1.................................................................. $40,000 ➢ Proof of Certificate of Completion by July 1, 2025; and ➢ Proof of Qualified Infrastructure investment of no less than $600,000; and ➢ Proof of 10 additional employees over its baseline employment of 35; and ➢ Company is current on all ad valorem taxes and other property taxes. Should Sands RX, LLC fail to meet the Performance Measures for Incentive No. 1, the entire Performance Agreement is voided in advance. Further, no partial incentive payments will be provided. Economic Impact Analysis (EIA): The estimated valuation for this project is approximately $150/SF or $804,150. With the WEDC's Infrastructure Reimbursement of $40, 000, this project will generate an estimated $126,114 in overall tax revenue for the City of Wylie over the next 10 years. For every $1 that the WEDC invests, this developer is investing $3.50 in our community. Additional estimates of tax revenue generated include $17,148 for Collin County, $88,790 for WISD, and $7,568 for Collin College over the next 10 years. So for every $1 that the WEDC invests, this developer is investing $5.99 in our taxing district. 04125120251tem C. PERFORMANCE AGREEMENT Between Wylie Economic Development Corporation And Sands RX, LLC This Performance Agreement (the "Agreement") is made and entered into by and between the Wylie Economic Development Corporation ("WEDC"), a Texas corporation organized and existing under Chapter 501 of the Texas Local Government Code, known as the Development Corporation Act, as amended from time to time (the "Act") and Sands RX, LLC a Texas Limited Corporation ("Company"). WHEREAS, the Company owns a facility located within the corporate limits of the City of Wylie, Texas (the "City"), located at 4 Regency Drive, in the City of Wylie, Collin County, Texas, (the "Property"); WHEREAS, Company intends to add more than Six Hundred Thousand Dollars ($600,000) in taxable property and hire ten (10) additional employees at the Property over the baseline of 35; WHEREAS, Company has requested financial and/or economic assistance to offset the cost of purchasing and installing new equipment and hiring additional employees for the business operated at the Property; WHEREAS, for the public purpose of promoting economic development and diversity, increasing employment, reducing unemployment, and underemployment, expanding commerce and stimulating business and commercial activities in the State of Texas, and the City of Wylie, the WEDC desires to offer economic assistance to the Company as more Particularly described in this agreement; and WHEREAS, the WEDC is willing to provide the Company with economic assistance hereinafter set forth on the terms and subject to the conditions as stated herein and Company is willing to accept the same subject to all terms and conditions contained in this Agreement. NOW, THEREFORE, for and in consideration of the above recitals and the terms, conditions and requirements hereinafter set forth, the parties hereto agree as follows: 1. Economic Assistance. Subject to the terms of this Agreement and provided Company is not in default, the WEDC will provide Company economic assistance in the form of performance incentives (the "Incentives") upon completion of the Performance Criteria set forth below. The total amount of economic assistance and/or incentives to be paid to the Company, including the :Reimbursement Incentives, shall not exceed the cumulative sum of Forty Thousand Dollars ($40,000.00). PERFORMANCE AGREEMENT — Page 1 Sands RX 4/25/25 21] 04125120251tem C. 2. Performance Obligations. The WEDC's obligation to pay Company the Incentives stipulated above is expressly contingent upon Company completing the following items (the "Performance Criteria") by the due dates set forth below: A. Incentive One. A maximum Incentive of Forty Thousand Dollars ($40,000.00) will be paid to the Company upon completion of the following Performance Criteria for Incentive One: i. Company shall supply documentation to the WEDC proving the completion of building improvements and completed installation of new equipment, evidenced by a letter from the City's Chief Building Official (a "Certificate of Occupancy") no later than July 1, 2025 (the "CO Deadline"); and ii. Company shall supply documentation to the WEDC evidencing Six Hundred Thousand Dollars ($600,000.00) in capital investment for building improvements and new equipment ordered and installed at the Facility on or before the CO Deadline; and ill. Company shall supply documentation to the WEDC that the Company has added ten (10) additional employees at the Facility over its previous employment of thirty-five (35), on or before the CO Deadline; and iv. Company is current on all ad valorem taxes and other property taxes due on the Facility and provide written notice and evidence of such payment to WEDC in a form satisfactory to WEDC. 3. WEDC Payment of Incentives. Subject to the terms and conditions of this Agreement, the Incentives shall be paid by WEDC to the Company within thirty (30) days after the applicable deadline for achievement of the Performance Criteria for such Incentives. 4. Default. The WEDC's obligation to pay any portion of the Incentives to the Company will terminate or be reduced if the Company defaults by not completing the Performance Criteria applicable to such Incentives as set forth in Section 2 of this Agreement. In the event the Company fails to meet any of the Performance Criteria for Incentive One in Section 2 of this Agreement, the Incentives shall not be paid to the Company and WEDC shall have the right, but not the obligation, in WEDC's sole discretion, to terminate this Agreement. 5. Termination of Agreement. This Agreement may be terminated by mutual written consent of the parties or by either parry, upon the failure of the other party to fulfill an obligation as set forth in this Agreement, or as otherwise provided in this Agreement. 6. Economic Assistance Termination. Notwithstanding the terms of this Agreement, to the extent this Agreement is not earlier terminated, the WEDC's obligation to pay a portion or all of the Incentives to Company will expire upon the earlier of (i) the full payment of the Incentives, or (ii) July 31, 2025. 7. Miscellaneous. PERFORMANCE AGREEMENT — Page 2 Sands RX 4/25/25 22] 04125120251tem C. a. This Agreement shall be construed according to the laws of the State of Texas and is subject to all provisions of the Act, which are incorporated herein by reference for all purposes. In the event any provision of the Agreement is in conflict with the Act, the Act shall prevail. b. This Agreement shall be governed by the laws of the State of Texas and is specifically performable in Collin County, Texas. C. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their permitted successors and assigns. This Agreement shall not be assignable by Company without the prior written consent of the WEDC, which consent will be at the sole and absolute discretion of the WEDC. d. Any notice required or permitted to be given under this Agreement shall be deemed delivered by hand delivery or depositing the same in the United States mail, certified with return receipt requested, postage prepaid, addressed to the appropriate party at the following addresses, or at such other address as any party hereto might specify in writing: WEDC: Mr. Jason Greiner, Executive Director Wylie Economic Development Corporation 250 South Highway 78 Wylie, TX 75098 COMPANY: Mike Sands, Co -Founder and Chief Executive Officer Sands RX, LLC 4 Regency Drive Wylie, Texas 75098 e. This Agreement contains the entire agreement of the parties regarding the within subject matter and may only be amended or revoked by the written agreement executed by all the parties hereto. f. This Agreement may be executed in a number of identical counterparts, each of which shall be deemed an original for all purposes. g. In case any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision thereof, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein. h. Each signatory represents this Agreement has been read by the party for which this Agreement is executed and that such party has had an opportunity to confer with its counsel. i. Time is of the essence in this Agreement. PERFORMANCE AGREEMENT — Page 3 Sands RX 4/25/25 23] 04125120251tem C. j. The parties agree this Agreement has been drafted jointly by the parties and their legal representatives. By the execution hereof, each signatory hereto represents and affirms that he is acting on behalf of the party indicated, that such party has taken all action necessary to authorize the execution and delivery of the Agreement and that the same is a binding obligation on such party. [SIGNATURE PAGE FOLLOWS] PERFORMANCE AGREEMENT — Page 4 Sands RX 4/25/25 24 04125120251tem C. WEDC Board approved this 251h day of April 2025, the Effective Date. WYLIE ECONOMIC DEVELOPMENT CORPORATION, a Texas Corporation By: Jason Greiner, Executive Director COMPANY: SANDS RX, LLC. a Texas Limited Corporation By: Mike Sands, Co -Founder & Chief Executive Officer PERFORMANCE AGREEMENT — Page 5 Sands RX 4/25/25 25 0412512025Item 1. WYLIEEDC Meeting Date: April 25, 2025 Prepared By: Jason Greiner Wylie Economic Development Item Number: Consider and act upon construction services for Cooper Plaza at Hwy 78 & Brown. (Staff Use Only) Recommendation I Motion to approve Change Orders with McMahon Contracting LP in an estimated amount of $300,000 and further authorize the Executive Director to execute any and all necessary documents. As the Board will recall, the WEDC approved construction services for Cooper Plaza, a proposed mixed -use development (Retail, Restaurant, and Office) at the intersection of SH 78 and Brown Street, to McMahon Contracting LP on June 19, 2024. This project is currently at 62% completion. The waterline revisions, totaling $126,81.3, include removing and replacing an existing 14" water line. The original general contractor (GC) bid included costs for removal but omitted installation. The revised amount reflects a combination of the GC's removal estimate and TXDOT installation pricing. Additional scope includes the removal of a fire hydrant (not priced in TXDOT bid items), installation of cement -stabilized sand for both water and sanitary sewer lines, and rework of the installed sanitary sewer line to accommodate updated embedment requirements. Costs also account for additional depth -related cut and fill averaging 3.5 feet, which were not included in the initial scope. The electrical and lighting revisions, totaling $1.31,741, address changes to the originally proposed lighting around the Cooper Plaza detention pond. The initial plan called for submersible LED bollards, which were later deemed unviable due to lack of suitable options. In consultation with Kimley-Horn, a revised lighting plan was developed, calling for the removal of 40 bollards and the installation of 11 standard LED fixtures. These new fixtures align with the proposed lighting approach for Historic Downtown Wylie and support consistent design standards across the Planned Development. Staff is bringing this item before the Board to ensure transparency, maintain audit compliance, and obtain formal authorization for any necessary change orders that may cause the total project cost to exceed the originally contracted amount. This action will ensure alignment between the approved contract amount, including authorized amendments, and the final amount billed over the course of the project. Additional Change Orders: • Waterline revisions - $126,813 • Electrical and Lighting revisions $131,741 o 11 new lights and removed 40 bollards • Sidewalk along Brown St — 400 SF @ $7.16 = $2,864 • Railing on wall closest to Brown St— 230 LF @ $140.95 = $32,418 • Addt'l Pavement Removals 2nd & Jefferson — 1,000 SF @ $2.79 = $2,790 • Addt'l Paving at Jefferson & 2nd-1,000 SF @ $7.00 = $7,000 0412512025 Item 2. WYLIEEDC Meeting Date: April 25, 2025 Prepared By: Jason Greiner Wylie Economic Development Item Number: 2 Consider and act upon issues surrounding the 544 Corridor Master Drainage Analysis. Recommendation Motion to award the contract to Kimley-Horn and Associates, Inc. in the amount of $115,000 and further authorize the Executive Director to execute any and all necessary documents. As the Board is aware, the WEDC has been working with Kimley-Horn to identify drainage solutions at key locations within the City of Wylie. As such, Kimley-Horn has provided an Individual Project Order (IPO) for professional and engineering services for the FM 544 Corridor Master Drainage Analysis. IPO #14 — 544 Corridor Master Drainage Anal Conceptual Drainage Analysis for the FM 544 Corridor. The purpose of the master drainage analysis will be to delineate the 100-year existing and fully developed floodplain limits, assess conceptual reclamation limits, and determine detention requirements for land planning purposes. KH will submit a memo summarizing the drainage analysis and prepare a hydraulic work map exhibit that includes the floodplain limits, conceptual reclamation limits, and detention pond footprints for each site. The information will be used for the Master Planning efforts under a separate IPO. *This does not include a final flood study that will be formally submitted to the City and FEMA. This is a preliminary analysis that someone (either us or a future developer) can pick up and use as a base for the final flood study. KH does recommend proceeding with a final flood study until we have a better idea of how this will develop and what the final grading in the floodplain will be. This is Step 1 of the process and will give us an idea of what options are and what implications each option has. The tasks outlined below are the professional services to be provided by Kimley-Horn requested by the Client. The Scope of Services described for Lump Sum (LS) tasks will be completed for the lump sum fee indicated. 1. Topographic Survey - $21,500 LS 2. Conceptual 45-ac Tract Drainage Analysis - $46,000 LS 3. Conceptual East Meadow Drainage Analysis - $37,500 LS 4. Meetings/Project Coordination - $10,000 HR WEDC Staff will sign and return the documentation and expedite this F27] 1 0412512025 Item 2. far—, I'llryaggg-, Taga-m-, rinuu3nm Describing a specific agreement between Kimley-Horn and Associates, Inc. (Consultant), and the Wylie I!!I 1� L IIIIIIII �, 111 11 " III a 0 . 11111111111111 iiiII11111 A 11 � L via] I Lei I a I Im wraMr-41 Lei 011 for the East Meadow and 45-ac Tract. E= •�� LS Lump Sum Fee Type HR Projected Hourly Fee Type KH (through a sub -consultant) will obtain topographic survey data within the study area. The topographic survey data is to be used for design purposes only and will not be issued as a stand-alone survey document. at the existing three culvert crossing locations based on a survey grid system tied to existing control points; observed (only if clearly visible from the surface) locations of existing water, sewer, storm drain, and franchised utility facility appurtenances. The City of Wylie datum will be used. Existing survey data obtained as part of IPO #9 will be used to supplement the survey data obtained as part of this task. The extent of the additional survey proposed is shown in the image on the next page. F28] 1 0412512025 Item 2. IFM lim RM will use the effective hydrologic and hydraulic models for Ifluddy Creek an(f-4nnamed Tributary to Muddy Creek requested from FEMA in the General Engineer Task under IPO #1. KH assumes th-,,. models will be available, digital, and executable. KH will subdivide drainage areas for the subject property using the on -ground survey prepared in Task 1, aerial topography, and available record drawings. KH will evaluate onsite areas in pre -project and post -project conditions based on development of the subject properties. Offsite areas will be evaluated in existing conditions and fully developed conditions. If proposed condition peak flows exceed existing condition rates, KH will determine preliminary detention volumes for up to three ponds to reduce the proposed flow rates to existing conditions. The required volume and approximate pond footprint will be used for the land planning efforts. Additional detail for outfall structures, grading, and spillways can be performed as an additional service with final design as needed. F 29] 1 0412512025 Item 2. KH will develop an existing condition hydraulic model for the subject reaches of Muddy Creek, Unnamed Tributary, and Unnamed Tributary to Unnamed Tributary using the on -ground survey prepared in Task 1 and supplemented with available aerial topography as needed. Cross sections will be spaced at approximately 300 ft intervals. The subject reaches for each creek will extend from ............... KH will evaluate the potential for floodplain reclamation for the subject properties. KH will create a proposed condition hydraulic model for the subject reach by modifying the revised existing model using conceptual grading. KH will size one channel crossing as part of this task. KH will adjust the design up the 100-year existing and fully developed floodplain for the subject reach. KH will submit a memo summarizing the drainage analysis and prepare a hydraulic workmap exhibit which includes the floodplain limits- conceptual reclamation limits, and detention pond footprints. This task does not include any submittals to the City or FEMA. KH will prepare a drainage analysis of Muddy Creek, Muddy Creek Tributary 1, Unnamed Tributary to (Unnamed Tributary to Unnamed Tributary) for the East Meadow subject property located east oi Country Club Road, south of Brown Street, and north of the Dart Railroad as shown in the image on the this page. The purpose of the analysis will be to delineate the 1 00-year existing and fully developed floodplain limits, assess conceptual reclamation limits, and determine detention requirements for land planning purposes. F 30] conditions based on development of the subject properties. Offsite areas will be evaluated in existing conditions and fully developed conditions. If proposed condition peak flows exceed existing condition rates, KH will determine preliminary detention volumes for a pond to reduce the proposed flow rates to existing conditions. The required volume and approximate pond footprint will be used for the land planning efforts. Additional detail for outfall structures, grading, and spillways can be performed as an additional service with final design as Creek Tributary 1, and Unnamed Tributary using the on -ground survey prepared in Task 1 ami supplemented with available aerial topography as needed. Cross sections will be spaced ai approximately 300 ft intervals. The subject reaches will be as follows: Muddy Creek, from approximately 3O0feet upstream ofthe Dart Railroad tmthe downstream face of Country Club Rd. Muddy Creek Tributary 1, from the confluence with Muddy Creek to downstream face of Brown St. Unnamed Thbutary, from approximately 300 feet upstream of the Dart Railroad to approximately 1.7U0ftupstream ufthe Dart Railroad. r�A will evaluate the potential for floodplain reclamation for the subject property. F�M will create a proposed condition hydraulic model for the subject reaches by modifying the revised existing model using conceptual grading. KH will size up to three channel crossings as part of this task. KH will adjust the design up to two times to meet City and FEMA requirements regarding water surface elevations. KH will delineate the 100-year existing and fully developed floodplain for the subject reach. KH will submit a memo summarizing the drainage analysis and prepare a hydraulic workmap exhibit which includes the floodplain limits, conceptual reclamation limits, and detention pond footprints. This task does not include any submittals to the City or FEMA. We have budgeted up to 40 hours of effort for this task. considered additional and shall be performed on an individual basis upon authorization by the WEDC. Geotechnical Investigation; Environmental Evaluation; and Submittals to the City or FEMA. 1 0412512025 Item 2. Schedule: Project to begin upon receipt of signed IPO #14. We will provide our services as expeditiously as practicable. Terms of compensation: Kimley-Horn will perform the tasks identified in the Scope of Services for the fee type shown as follows: LS = Lump Sum Fee Type HR = Projected Hourly Fee Type Task 1 — Topographic Survey $21,500 ILS Task 2 — Conceptual 45-ac Tract Drainage Analysis $46,000 LS Task 3 — Conceptual East Meadow Drainage Analysis $37,500 LS Task 4 — Meetings/Project Coordination $10,000 HR Projected Total $115,000 LS Compensation for Services and Method of Payment shall be as referenced in the Master Agreement. Invoices will be submitted with Lump Sum Tasks shown as a percentage of work completed and project Hourly Tasks shown as effort expended. .0 . 1W TITLE: sm KIMLEY-HORN AND ASSOCIATES, INC. BY TITLE: DATE: 5 F32] 0412512025 Item 3. WYLIEEDC Meeting Date: April 25, 2025 Prepared By: Jason Greiner Wylie Economic Development Item Number: Consider and act upon issues surrounding the 544 Corridor Master Plan. Motion to award the contract to Kimley-Horn and Associates, Inc. in the amount of $106,500 and further authorize the Executive Director to execute any and all necessary documents. As the Board is aware, the WEDC has been working with Kimley-Horn to identify options for potential development within the City of Wylie. As such, Kimley-Horn has provided an Individual Project Order (IPO) for professional and engineering services for the 544 Corridor Master Plan. IPO #15 — 544 Corridor Master Plan This scope of work includes preliminary engineering and conceptual planning for two key areas: the tracts of land along FM 544 from Muddy Creek to Westgate Way (including the City's 19-acre tract) and the East Meadow adjacent to the Municipal Complex. Kimley-Horn will provide preliminary infrastructure layouts —including paving, water, sanitary sewer, and preliminary alignments for major collectors and arterials —to serve future development and connect these areas to the existing roadway network. The conceptual plans will include building footprints, parking, developable acreage, and will incorporate floodplain data from IPO #14 to assess stormwater detention and major storm sewer needs. Coordination will occur with franchise utilities, Oncor, NTMWD, and the railroad (as applicable) to address utility and access requirements. Multiple development scenarios will be prepared with cost estimates, and a final conceptual master plan will be delivered based on feedback from WEDC and City staff. It is important to note that this work is conceptual in nature and does not include final design or construction documents. The tasks outlined below are the professional services to be provided by Kimley-Horn requested by the Client. The Scope of Services described for Lump Sum (LS) tasks will be completed for the lump sum fee indicated. 1. 45-Acre Commercial Tract Master Plan - $25,000 LS 2. East Meadow Tract Master Plan - $35,000 LS 3. Master Planning Drainage Facility Evaluation - $16,500 LS 4. Meetings/Project Coordination - $30,000 HR Upon approval, WEDC Staff will sign and return the documentation and expedite this process. 33 1 0412512025 Item 3. ray-jigavom-, Tago-w-, r!NUUMUM Describing a specific agreement between Kimley-Horn and Associates, Inc. (Consultant), and the Wylie Economic Development Corporation (Client) in accordance with the terms of the Master Agreement for Continuing Professional Services dated October 4, 2022, which is incorporated herein by reference. - 1. AA MI I IILI A. Kimley-Horn and Associates, Inc. ("Kimley-Horn", "KH" or "the Consultant") is pleased to submit this professional services agreement to the Wylie Economic Development Corporation ("WEDC" or "the Client") for providing professional civil engineering services to provide a master plan for the East Meadow Tract and the 45-Acre Tract along FM 544 that includes the City's 19-acre tract. See screetFsAot"telowi4ielvit of t I F 34] in the screenshot above. This survey included cross sectional data on the portion of Muddy Creek that is located on the property at an interval sufficient for a flood study. A conceptual drainage analysis of this portion of Muddy Creek is provided as a separate scope of work in IPO #14. Task 1 will provide additional preliminary engineer to build on this work and provide a master plan of what infrastructure will be required to serve the property including concept plans that show developable area. In 2024, KH prepared a roadway alignment exhibit showing a potential route for a future collector street to connect from Medical Plaza Drive, across the City's 19-acre tract and the east meadow and connect to W Brown Street at Sanden Boulevard. Task 2 will provide additional preliminary engineering to determine the feasibility of this alignment, explore other potential alignments and coordinate with stakeholders as required. Existing survey data obtained as part of IPO #9 and 1PO #14 will be used to prepare the master plans. LiDAR data will be used to supplement the on -ground topographic survey as required. Scope of Services: LS=Lump Sum Fee Type HR=Projected Hourly Fee Type KH will provide preliminary engineering to determine the infrastructure required to serve future development for the tracts of land along FM 544 from Muddy Creek to Westgate Way (including the and what infrastructure would be required to serve the development. Preliminary paving, water and prepared as part of IPO #14 will be shown and used to determine whether detention will be required and the major storm sewer infrastructure proposed. Preliminary building footprints and parking will be shown with the developable area labeled. KH will provide preliminary engineering to determine the infrastructure required to serve future development within the City's East Meadow adjacent to the Municipal Complex. KH will provide system. The proposed roadway alignments are projected to include a north -south connection from FM 544 to W Brown Street and an east -west connection from the north -south alignment to Country Club Road. We will also evaluate existing pedestrian walkways that may need to be realigned and provide recommendations for new connections. KH will assist with preliminary coordination with the railroad on the proposed crossing and will also coordinate with Oncor and NTMWD on requirements to cross their existing easements as part of Task 4. The preliminary floodplain limits prepared as part of IPO #14 will be shown and used to determine whether detention will be required and the major storm sewer infrastructure proposed. Based on input from the TTEDC, r�A will prepare a master plan defining developable area and major infrastructure preliminary alignments and one cost estimate each for up to three versions of the master plan. The master plan will be conceptual in nature and will not include final design or construction documents. Task 3 — Master Planning Drainage Facility Evaluation $16,500 LS KH will prepare a preliminary storm sewer and channel analysis to support the Master Planning effort. The purpose of the analysis will be to confirm existing drainage patterns, evaluate the capacity of existing infrastructure, and evaluate preliminary drainage layout options for land development. Rydraulic calculations will be performed for the storm sewer, culverts, and ditches within the subject property. The information will be reviewed to evaluate the capacity of the drainage facilities and identify locations where improvements are needed to provide adequate drainage to develop the subject properties. This task will also evaluate preliminary detention pond grading and outfall configurations using the information prepared in IPO #14 as needed. Task 4~Meetings/Project Coordination $30,000HR KH will prepare for and attend meetings with the WEDC staff and provide general project coordination. will coordinate with the railroad, Oncor and NTMWD to determine the feasibility and requirements of the proposed roadway crossings. VVehave budgeted upho12Ohours ofeffort for this task. Additional Services: Services not specifically identified in the Scope of Services above shall be considered additional and shall be performed on an individual basis upon authorization by the WEDC. Schedule: Project to begin upon receipt of signed |PO #15. We will provide our services as expeditiously aapracticable, Terms of Khn|ey-Hurnwill perform the tasks identified inthe Scope pfServices for the fee type shown as follows: US=Lump Sum Fee Type HR Projected Hourly Fee Type Task I — 45-Acre Commercial Tract Master Plan $25,000 LS Task 2 — Fast Meadow Tract Master Plan $35,000 LS Task 3 — Master Planning Drainage Facility Evaluation $16,500 LS Projected Total $106,500 Compensation for Services and Method of Payment shall be as referenced in the Master Agreement. Invoices will besubmitted with Lump Sum Tasks shown aeapercentage cf work completed and project Hourly Tasks shown as effort expended, M. TITLE: DATE: 4Jf+J'-2-0 4 0412512025Item DS1. WYLIEEDC Meeting Date: April 25, 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. F38] 0412512025 It DS2. WYLIEEDC Wylie Economic Development Board AGENDA REPORT Meeting Date: April 25, 2024 Item Number: DS2 Prepared By: Jason Greiner (Staff Use Only) Discuss issues surrounding the FY 2025-2026 WEDC Budget. No action is requested by staff for this item. Staff will discuss the FY 2025-2026 WEDC Budget and the approved Budget Calendar for the City of Wylie. Notable Dates: May 28 May WEDC Board Meeting June 11 Budget Work Session with City Council (General Fund Overview) June 18 June WEDC Board Meeting July 8 Budget Work Session with City Council (All Funds/WEDC Presentation) July 16 July WEDC Board Meeting (WEDC Board Approves Budget) July 22 Final Budget Work Session with City Council August 5 Proposed Budget Available to the Public August 12 Discuss Final Tax Rate and take a record vote August 26 Public Hearing of FY 2025 Budget/Adopt Tax Rate and 2026 Budget As the Board is aware, President Dawkins and Board Member Whitehead were appointed to the Budget Committee on March 20, 2024. Staff would like to schedule at least one Budget Committee Meeting prior to the June 18t' WEDC Board Meeting to review and discuss the FY 2025-2026 WEDC Budget. 39 0412512025 It DS3. W "Y' L I E E D C Wylie Economic Development Board AGENDA REPORT Meeting Date: April 25, 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. Discussion WEDC Property Update: Property Management • Staff are working with contractors to ensure that mowing and maintenance of trees on WEDC properties are taking place, and spring cleaning of properties has begun. Pending Real Estate Agreements • Lot 1 of 544 Gateway: Deft Ventures - Inspection Period Expiration: 5-14-25; Closing Date: 6-13-25 • Lot 2 of 544 Gateway: SCSD —Closing Date: TBD • 25 Steel Road: Aktrian Holdings — Feasibility Exp: 7-14-25; Closing Date: 8-13-25 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. 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. Capco has been engaged for the relocation of the Wylie ISD Fiber. • MCl/Frontier handholes have been moved. Ongoing coordination for power pole relocation. • Ongoing coordination with Walk-On's developer regarding ALTA survey. • Paving has begun onsite. • KH is working on the concept plans for the empty 544 Gateway lots. 0412512025 It DS3. • Next project coordination meeting: 5/l/25 State Hwy 78 TxDOT Improvements • The project is complete, with final walkthrough currently being coordinated. • Final Pay App #9 to be processed after walkthrough. 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 Board will consider the Change Order to address the lighting on 4-25-25. • Ongoing coordination over drainage concern at drive connection to Marble. • KH is working on responses to RFI #15. • McMahon provided updated sidewalk quantity to add to contract. (Portion excluded from the contract with Reeder.) • Hand Railing at Retaining Wall # 3 on North Side of Retention Pond closest to Brown Street does not call out on the plans to be installed, contractor to add to contract. • The projected completion date is 7/28/25 (7-11 is anticipated to open in Sept/Oct). • Next project coordination meeting: 5/1/25 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 has been 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 #14) • KH prepared 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. 4'1 0412512025 It DS3. BRIE & Workforce Updates: • 5 BRE visits were conducted in March. • Conducted 2 Career Inspire events featuring Helm Dental Laboratory, educating students about career opportunities in advanced manufacturing of dental implants and devices. • Facilitated an employer meeting with NextOp Veteran Hiring programs targeting recruiting service members transitioning to civilian careers. • Participated in Wylie ISD CTE program tours designed to build awareness and solicit curriculum input from local businesses. • Explored BHIANT Action Team webinars addressing workforce shortages in the healthcare industry. Additional WEDC Activities/Prouams in Review: • Ongoing efforts toward social media, Discover Wylie, and Social Media Rescue for local businesses. • The next group of Social Media Rescue participants will be finalized by April 23, 2025. Six local businesses will participate in this next class, which includes group learning and one-on-one sessions. To date, 19 businesses in Wylie have benefited from this program. • Preliminary designs have been approved, and the staging environment is currently being set up to start work for the refreshing of the existing Discover Wylie website. The improvements to the existing website will allow for an easier transition of the Historic Downtown Wylie layer into the new DW website. • 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 the City's Annual Employee Awards Banquet (RH, AW, CS) • Staff and Board attended the 2025 Annual State of the City Luncheon (DD, HS, WM, MW, JG, RH, AW, MB, CS) • Participated in the ongoing Leadership Wylie Classes. The March meeting featured a Legislative trip to Austin to visit the capital. (MW, MB) • Staff presented at an Eastern Collin County Association of Realtors Meeting (JG) • Staff participated in weekly TEDC Legislative Committee meetings. (CS) • Staff and Board attended the WISD Education Foundation Boots `N BBQ Gala. (DD, WM, JG, RH, AW) • Sales tax revenues for April are down 5.38%. YTD sales tax revenues are up 6.65%. Upcominp, Events: • Collin County Prayer Breakfast — May 1 • Taste of Wylie — May 5 • CCBA State of the Business — May 14 • ICSC Las Vegas — May 18-20 • TEDC Mid -Year Conference — June 18-20 • InSync Gala — June 28 Please see the attached Marketing Calendar for the full list of upcoming events. F42] WYLIEDEVELOPMENTECONOMIC 4 8:30 am WDMA Meeti 13 11:30 am Annual Employee Award Banquet 13 Leadership Wylie — Legislative Trip to Austin — mw, mb 25 6:00 pm City Council & WEDC Annual Report 25 11:30 am Chamber of Commerce: State of the City Luncheon 27 5:00 pm 5:01 Chamber Professional Mixer—Cristina's Murphy 29 5:30 am Boots'N Barbecue Gala — WISD Ed Foundation - Plano. TX 1 8:30 am WDMA Meeting — Mayor's Breakfast 8 6:00 pm City Council 9 9:00 am Skills Development Fund (SDF) Check SiRnine Ceremonv — hs. aw 10 BRE Alliance — Regional Mtg — WSNCT & Collin Corporate Training Strategies 11 Build Your Future Career Day 14-16 TEDC CTED / TEEX Training & Capstone Proiect, College Station- ig 17 Leadership Wylie — Public Safety Day — mw, mb 18 Good � id ..Office Closer 22 11:30 am Chamber of Commerce: State of the Chamber Luncheon 2025 22 6:00 pm City Council - Small Business Week Proclamation & Reception/ES 24 5:01 pm 5:01 PM Professional Networking —The Venue at Boyd Farm 25 11:00 am WEDC — Special Called Board Meetine 0412512025 It DS3. 1 7:07 am Collin County Prayer Breakfast *RSVP Required 4 Pedal Car Races 4-10 National Small Business Week 5 11:00 am Taste of Wylie *RSVP Required 6 8:30 am WDMA Meeting 9 TBD Chamber of Commerce: Small Business Week Reception 11-17 Economic Development Week 13 6:00 pm City Council — Econ Dev Week Recognition 14 11:30 am CCBA - State of the Business *RSVP Required 15 Board and Commission Applications Due 15 Leadership Wylie — History of Wylie/Public Works — mw, mb 19-21 ICSC 2025 Las Vegas — Las Vegas — mp, bp, did, mw, jg, rh 20 12:00 noon Internship Signing Day 22 5:01 pm 5:01 PM Professional Networking —The Brass Tap _ CLOSED IfVlm rnorlal Day %�alod y 27 6:00 pm City Council 27 11:30 am Chamber of Commerce Leadership Wylie Luncheon & Graduation *RSVP Required 28 7:30 am WEDC —Special Called Board Meeting 28-29 Board & Commission Interviews Around the Corner... • TEDC Mid -Year Conference —June 18-20 • Board and Commission New Member Swear -in at City Council Meeting —June 24 • In -Sync Gala —June 28 • CSEF Conference — July 15-16 • SEDC Annual Conference —Aug 10-12 • Retail Live — Austin — Sept 4 43 0412512025 Item DR? ikt t {1 �} 5 k Ill :µt IRON F }. }t Fy }riF+4 ti#i s. >l 4Ys k t t 16. 4t r s ti s l I si y Y Ili S. U ls} : 5�� s" iIk kik '� r}} t S 4 l u k t r kl t f,#U Iky k (i l ttt I i4 kFk 1 �F, s? xl f zf sit I ��t �tF�}3t}Ft. is 1 Itf. ik t4F{� �3it I4rtj Fi kg45 Jstr iif F ..r `vim ICY I t }�k zi i itc IFk IfI k, �l }kI }t3 l ili 1}4 y'I '1 i+r �y tl i�kF t 1yy tits t�}� k} Iry ,'�t� irF h� E S PEA :Kj 11 L 0 U D �55a GROUP] Marketing & AdvertisingExperts s yk. s S#, s � s Mi Em 1 0412512025 Item DS3. I 0412512025 Item DS3. . .. .. . ..... EXECUTED: New Podcast format Feb 2025 New Social Media growth for LLW short form Valentine's Merchant Campaign Dine Shop Play BLOC Recapping Visits Spring SMR Session May Event Month Coverage Small Business Week Events 0412512025 Item DS3. I EDC Social Media Compare E Soc"I'll"111"'I"al Medi"111"a Numbers With refillned syster"T,,ir, wi,11,1'1111,,,staff we are developing posti,1111,11"Ing strategy Dtn. SCOVU1 vvytie Recent Campaigns Off I On Campaign Attribt Results - Reoth lmprewbns, cost Per - Armountspent - EmIs Sete", result Cupid Craw- DW Ti affic to Event w be 7-1a 1,526 20,q 50 48,829 $0-15 $223.53 Feb 1, 2025 U"', lj,--,k, r"r Unkf,',:,ck 0412512025 It DS3. DISCOVER WYLIE Jj@oe) aDISCOVERWYLIE 1/1/2025 - 3/31/2025 0412512025 It DS3. OVERVIEW & STRATEGIES as DiscoverWylie Report Time Period: 1/1/2025 - 3/31/2025 PRIORITIES FOR Q2 & Q3 • Create web content for new website (blog posts and photography) • Photograph 2 new businesses each month • Heavily promote downtown events • Streamline Google form process for local businesses wanting to promote their events • Increase the use of reels even more • Double down on content - share a reel and then post a photo collage of same business or event next week 0412512025 It DS3. INSTAGRAM REPORT Ca DiseoverWylie Report Time Period: l/l/2025 - 3/31/2025 AUDIENCE LOCATION WYLI E 39% SACHSE 6% GARLAND 4% DALLAS 4% PLANO 4% REMAINING AUDIENCE SPREAD ACROSS OTHER CITIES, STATES, AND COUNTRIES Q12024 Q12025 VIEWS - 24,100 REACH 4,300 3,500 INTERACTIONS 500 785 TOP POSTS 1 0412512025 Item DS3. FAGEBOOK REPORT Ca ffiscoverWylie Report Time Period: 1/1/2025 - 3/31/2025 AUDIENCE FEMALE / MALE 0 0 0 0 0 0 0 0 0 0 AUDIENCE LOCATION WYLIE 19% DALLAS 3% SACHSE 3% GARLAND 3% NEVADA 4% . ... Re0 �Ah 3-g4Kvrvd YmAys 0 1-MjMAVViqWS0 Wa ..... . 35;88.3K,,,,,. 0,;,r.*N 31K 7&6Kr1-- ........ .... Vie%yvbrookd�wn 30K TaW 2U, From wgaak WK From ads 14% Ma, I 0 C—t—t—i— AflVI-0 W.t.h time a 18.5K ld 4h 390 2K NMI 13 a V 211 -1 h6i 9101 L64 a♦tV tit E X041 LV W Takes peak *# inside Have you seen the The Wylie 500 Pecial Wylie Urban, Farm &.,, news?? The date for.®. Car Race is one faAa Tue Feb 259.00am Sat Mar 1� 900an Wed Mar 5,9Wam 054.99 9 317 0 31-3K V Z,84 & 24.54 If 41 ,045 A 20 936 A 217 910 * 13 > ut N ut It's official. We found Just two weeks, left *,th#* cutest cowork!... until the dig it Hop Thu Mar 20,8.00arn Sat Mar zz. 6-00arn 0 164K V 160 0 IZ-6K V 64 016 A 16 00 A 25 0412512025 It DS3. TIKTOK REPORT Ca DiscoverWylie Report Time Period: l/l/25 - 3/31/25 DISCOVER WYLIE BLOG DiscoverWylie.com Report Time Period: l/l/2025 - 3/31/2025 i um