03-19-2025 (WEDC) MinutesWylie Economic ®Minutes
Development
Boardirect Regular eet
March 19, 205 — 7:30 A.M.
WEDC Offices — Conference Room
250 S Hwy 7 -Wylie, TX 7509
CALL TO ORDER
Announce the presence of a Quorum
President Demond Dawkins called the meeting to order at 7:3 5 a.m. Board Members present were Nice
President Blake Brininstool, Harold Smith, and Melisa Whitehead.
Ex-Officio Members, Mayor Matthew Porter and Deputy City Manager enae' 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 C
Angel Wygant gave the invocation and led the Pledge of Allegiance.
COMMENTS NON -AGENDA
With no citizen participation, President Dawkins moved to Consent Agenda.
CONSENT
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 aact upon approval of Minutes from February19, 2025 Regular Meeting of the
WEDC Board of Directors.
B. Consider aact upon approval of the February 2025 WEDC Treasurer's Report.
Board Action
A motion was made by Harold Smith, seconded by Blake Brinnstool, 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 fiberoptic 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.
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March 19, 2025
Page 2 of
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
DSL Discussionregarding the Performance Agreement between WEDC Investments,
C®
Staff Comments
Staff opened the discussion with Mansour Khayal of NLKJ 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. Kbayal stated that the current tenants have asked to remain onsite
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.
REGULARAGENDA
. Consider and act upon first Amendment to the Purchase 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
PZ 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 c
Motion was made by elisa 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
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March 19, 202
Page 3 of 4
DS2. Discussion regarding IC ,
Staff Comments
Discussion regarding ICSC 2025 was brought back to the Board for further consideration. The hoard
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 a,
Engineering Report, Upcoming Eve ts, 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 HB 134 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 "Y'TD 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 Govermn ent
Code, to wit:
Sec.. 551.072. I T ; CLOSED
S. Consider the sale or acquisitionof properties located at Brown/Eubanks,
FM f oo er,
FM /Sanen, Jackson/Oak, Regency/Steel, and State78/Brown.
ec. 551.074. PERSONNEL MATTERS; CLOSED
See. 551.087. IJIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS;
CLOSED MEETING.
S. Deliberation regarding commercial financial "information that the WEDC has receive
from i ess prospect and to discuss the offer of incentives forProjects: 2 - , 2 2 -c,
-c, 2 -2 , 2 -11 , -2 , 2-a, -f, 2-7, 2024-8d, 2024-9d, 2 2-2,
2 2 -12c, 2 25-1a, -lf, 202 -2a, 2 25-3a, 2025-3b, and 2025-3d.
RECONVENESESSION
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.
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March 19, 2025
Page 4 of 4
REGULAR AGENDA
. Consider and act upon issues surrounding the 2024 WEDC
al 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 1" 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
DC 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 ci
A motion was made by Harold Smith, seconded by Blake Brininstool, to approve payment in an amount
not to exceed 10,000 to DT Retail Properties, LLC, for the purpose of funding the acquisition of a
right-of-way casement 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 EC. A vote was taken, and the motion passed 4-0.
AGENDAFUTURE
There were no Items requested for inclusion on future agendas.
ADJOURNAMNT
With no further business, President Dawkins adjourned the VVEDC Board meeting at 1:11 a.m.
Demond Dawkins, President
Jason' refine, t ieco