06-18-2025 (WEDC) MinutesMinutes
Wylie Economic Development Corporation
Board of Directors Special Called Meeting
June 18, 2025 — 7:30 A.M.
WEDC Offices — Confierence Roorn
250 S Hwy 78 — Wylie,'rX 75098
CALL TO ORDER
Announce the presence of a Quorum
President Demond Dawkins called the meeting to order at 7:32 a-m. Board Members present were Harold
Smith and Melisa Whitehead.
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 Cluisty Stewart.
INVOCATION & PLEDGE OF ALLEGIANCE
Rachael I lernies gave the invocation, and Harold Smith led the Pledge of Allegiance.
COMMENTS ON NON -AGENDA ITEMS
With no citizen participation, President Dawkins moved to the Consent Agenda.
CONSENT AGENDA
All matters listed under the Consent Agenda are considered to be routine by the WEDC Board qfDirectors
and will be enacted by one motion. There will not be a separate discussion of these items. ff discussion is
desired, that item will he removed from the Consent Agenda and will be considered separately.
A. Consider and act upon approval of Minutes from the May 28, 2025 Regular Meeting of the
WEDC Board of Directors.
B. Consider and act upon approval of the May 2025 WEDC Treasurer's Report.
Board Action
A motion was made by Melisa Whitehead, seconded by Harold Smith, to approve the Consent
Agenda. A vote was taken, and the motion passed 3-0.
President Dawkins moved to Discussion Item 2.
DISCUSSION ITEMS
DS2. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking,
Engineering Report, Upcoming Events, and WEDC Activities/Programs.
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June 18, 2025
Page 2 of 4
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 F vents, and WEDC Activities/Programs. Regarding real estate, staff noted that MLKJ is
continuing to work on the foundation but has been delayed more than expected due to the amount of
rain. Additionally, Shadyside f,arid and Cattle, formerly known as Deft Ventures, is currently seeking
permits through TDLR. and is prepared for their Pre -Construction Meeting, with an anticipated
closing date within the next 30-45 days. Staff also noted that SCSD is continuing to wait for Capco
to complete the line relocation before they can proceed, and AktrianHolding's feasibility expiration
is approaching and may require a second extension. Regarding BRE and workforce updates, Staff
shared information on a possible expansion for two businesses. Staff reminded the Board of
upcoming events, including the TEDC Mid -Year Conference, the Board and Commission Outgoing
Rcception and Swear -in, a Council Meeting with Joint Executive Session, Whisker Wishes, Budget
Work Sessions, and the Wylie Championship Rodeo. Staff noted a 2.89% increase in sales tax
revenues for the month of June and a 7.3 1 % increase for the year.
EXECUTIVE SESSION
Recessed into Closed Session at 7:44 a.m. in compliance with Section 55 1.001, et. seq. Texas Government
Code, to wit:
See. 551.072. DELIBERATION REGARDING REAL PROPERTY; CLOSED MEETING.
E1. Consider the sale or acquisition of properties located at Brown/Eubanks, FM 544/Cooper,
FM 544/Sanden, Jackson/Oak, Regency/Stecl, State Hwy 78/Brown, and State Hwy
78/Skyview.
See. 551.074. PERSONNEL MATTERS; CLOSED MEETING.
(a) 'Phis 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.
See. 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: 2022-1 b, 2022-1 c,
2023-1c, 2023-2d, 2023-8a, 2023-11b, 2024-2d, 2024-5a, 2024-5f, 2024-8d, 2024-9d, 2024-10c,
2024-12c, 2025-2a, 2025-3b, 2025-4a, 2025-4d, 2025-4e, 2025-4g, 2025-5c, 2025-5f, 2025-5g,
2025-6a, 2025-6b, 2025-6c, and 2025-6d.
RECONVENE INTO OPEN SESSION
Take any action cis a result of the Executive Session.
President Dawkins reconvened into Open Session at 9:46 a.m. and the Board took the following actions:
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June 18, 2025
Page 3 of 4
Board Action
A motion was made by Melisa Whitehead, seconded by Harold Smith, to authorize the WEDC to enter into
a Performance Agreement with Project 2024-2d in an amount not to exceed $600,000, suhject to council
approval. A vote was taken and the motion passed 3-0.
Board Action
A motion was made by Melisa Whitehead, seconded by Harold Smith, to authorize the sale of Lot 5R,
Block A, 544 Gateway Addition, a 2.87-acre lot located in the City of Wylie in the amount of $625,000.00
(with $200,000 cash to close and a $425,000 promissory note) further authorizing the WEDC Board
President or his designee to execute all documentation necessary to effectuate the transaction. A vote was
taken and the motion passed 3-0.
President Dawkins then moved to Regular Agenda ftern 1.
R-EGULAR AGENDA
1. Consider and act upon a License Agreement between the WEDC and Wylie Downtown
Met -chants Association.
Staff Comments
Staff reminded the Board that the WF,'DC approved a rebrand for the Discover Wylie and Downtown
Wylie websites on January 24, 2025. Staff noted that the License agreement will include: a Mutual
Trademark License for the "Historic Downtown Wylie" and "Discover Wylie" brands; Website
Management (includes the design, hosting, and maintenance of new websites); Marketing
Partnership (Both parties agree to jointly promote key initiatives such as tourism campaigns,
influencer marketing, podcasts, and business spotlights); Tenn and Ownership Transfer (Initial five
(5) year term (with 5-year auto -renewal if needed); and Financial Consideration (WEDC will fund
ongoing website management and development costs, estimated at approximately $35,000 annually,
for both brands.) Ongoing marketing and outreach efforts are considered in -kind and jointly
supported by both organizations.
'The Board requested additional clarity to be incorporated within the agreement regarding the
expectations pertaining to the KPI's and additional language to avoid ambiguity and ensure the
agreement has defined terms and a clear endpoint.
Board Action
A motion was made by Harold Smith, seconded by Melisa Whitehead, authorizing the WEDC
Executive Director to execute a contract between Wylie EDC and Wylie Downtown Merchants
Association. A vote was taken, and the motion passed 3-0.
DISCUSSION ITEMS
DSI. Discuss issues surrounding the FY 2025-2026 WEDC Budget.
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June 18, 2025
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Staff Comments
Staff discussed the FY 25-26 WEDC Budget process and provided a high-level overview of FY 24-
25 revenues and expenses in order to project the fund balance for the year. Staff noted the retirement
of one staff member in May 2026, with staff requesting an increase in personnel to allow for adequate
cross -training within the organization prior to the scheduled retirement. Staff scheduled a Budget
Committee Meeting for July 2nd for further review of the proposed FY 25-26.Budget and noted that
City Council will review the budget during the Budget Work Session on July 81`.
FUTURE AGENDA ITEMS
There were no Items requested for inclusion on future agendas.
U MGM HIM 1191
With no further business, President Dawkins adjoumed the WEDC Board tneeti 10:00 a.m.
. . .........
Demond Dawkins, President