11-19-2025 (WEDC) Agenda Packet
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Wylie Economic Development Corporation
Board Regular Meeting
November 19, 2025 – 7:30 AM
WEDC Office Conference Room - 250 South Highway 78, Wylie, Texas
75098
CALL TO ORDER
INVOCATION & PLEDGE OF ALLEGIANCE
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 indiv idual,
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 wi ll 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 Ag enda
and will be considered separately.
A. Consider and act upon approval of Minutes from the October 15, 2025 Regular Meeting and the October 24,
2025 Work Session of the WEDC Board of Directors.
B. Consider and act upon approval of the October 2025 WEDC Treasurer's Report.
REGULAR AGENDA
1. Consider and act upon Committee Appointments by the Board.
DISCUSSION ITEMS
DS1. Discussion regarding the WEDC Board Retreat/Work Session.
DS2. Discussion regarding WEDC Bylaws.
DS3. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering
Report, Upcoming Events, and WEDC Activities/Programs.
EXECUTIVE SESSION
Sec. 551.071. CONSULTATION WITH ATTORNEY; CLOSED MEETING.
If A governmental body may not conduct a private consultation with its attorney except:
(1) when the governmental body seeks the advice of its attorney about:
(A) pending or contemplated litigation; or
(B) a settlement offer; or
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(2) on a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas clearly conflicts with this chapter.
Sec. 551.072. DELIBERATION REGARDING REAL PROPERTY; CLOSED MEETING.
A governmental body may conduct a closed meeting to deliberate the purchase, exchange, lease, or value of real
property if deliberation in an open meeting would have a detrimental effect on its negotiating position.
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/Alanis, State Hwy 78/Birmingham, State Hwy 78/Brown, State
Hwy 78/Kreymer, and State Hwy 78/Skyview.
Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS;
CLOSED MEETING.
This chapter does not require a governmental body to conduct an open meeting:
(1) to discuss or deliberate regarding commercial or financial information that the governmental body has received
from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of
the governmental body and with which the governmental body is conducting economic development negotiations;
or
(2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1).
ES2. Deliberation regarding commercial or financial information that the WEDC has received from a business
prospect and to discuss the offer of incentives for Projects: 2022-1b, 2022-1c, 2022-10c, 2023-1c, 2024-5a,
2024-12c, 2025-4a, 2025-4d, 2025-5g, 2025-5h, 2025-8d, 2025-8i, 2025-9b, 2025-2025-9d, 2025-10c,
2025-10d, 2025-10e, 2025-10f, 2025-11a, 2025-11b, 2025-11c, and 2025-11d.
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 November 13, 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 re quired, 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
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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
Minutes
Wylie Economic Development Corporation
Board of Directors Regular Meeting
October 15, 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 7:31 a.m. Board Members present were Vice
President Blake Brininstool, Harold Smith, Melisa Whitehead, and Alan Dayton.
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,
Research Analyst Marissa Butts, and Office Manager Christy Stewart.
INVOCATION & PLEDGE OF ALLEGIANCE
Rachael Hermes gave the invocation, and Melisa Whitehead led the Pledge of Allegiance.
COMMENTS ON NON-AGENDA ITEMS
With no citizen participation, President Dawkins moved to Consent Agenda.
CONSENT AGENDA _______
All matters listed under the Consent Agenda are considered to be routine by the WEDC Board of Directors
and will be enacted by one motion. There will not be a separate discussion of these items. If discussion is
desired, that item will be removed from the Consent Agenda and will be considered separately.
A. Consider and act upon approval of the Minutes from the September 17, 2025 Regular
Meeting of the WEDC Board of Directors.
B. Consider and act upon approval of September 2025 WEDC Treasurer’s Report.
C. Consider and act upon a Performance Agreement between the WEDC and SCSD-Finnell,
Ltd.
Board Action
A motion was made by Melisa Whitehead, seconded by Harold Smith, to approve the Consent
Agenda as presented. A vote was taken, and the motion passed 5-0.
REGULAR AGENDA
1. Consider and act upon issues surrounding the Election of Officers for the WEDC Board of
Directors for 2025-2026.
4
11/19/2025 Item A.
WEDC – Minutes
October 15, 2025
Page 2 of 4
Discussion
Staff discussed the annual Election of Officers for the roles of Vice President, Secretary, and
Treasurer. In accordance with the Bylaws, the Vice President serves a term of one year and succeeds
to the office of President on the expiration of the term of office of the Vice President. President
Dawkins noted that, due to his profession, he cannot serve as Treasurer for any organization. Staff
discussed the role of the Secretary and the associated duties in the purchase order approval process.
Board Action
A motion was made by Melisa Whitehead, seconded by Blake Brininstool, to appoint Harold Smith
as Vice President. A vote was taken, and the motion passed 5-0.
A motion was made by Blake Brininstool, seconded by Alan Dayton, to appoint Melisa Whitehead
as Secretary. A vote was taken, and the motion passed 5-0.
A motion was made by Melisa Whitehead, seconded by Blake Brininstool, to appoint Alan Dayton
as Treasurer. A vote was taken, and the motion passed 5-0.
2. Consider and act upon the establishment of a Regular Meeting Date and Time for the WEDC
Board of Directors for 2025-2026.
Discussion
The Board reviewed the calendar and potential conflicts, and discussed continuing to hold the
WEDC Board Meetings on the third Wednesday of each month at 7:30 a.m.
Board Action
A motion was made by Demond Dawkins, seconded by Alan Dayton, to keep the WEDC Board of
Directors Regular Meeting Date and Time of the third Wednesday of each month at 7:30 a.m. A
vote was taken, and the motion passed 5-0.
3. Consider and act upon a Third Amendment to the Purchase and Sale Agreement between the
WEDC and Aktrian Holdings, LLC.
Discussion
Staff reminded the Board that the WEDC approved a Purchase and Sale Agreement with Aktrian
Holdings, LLC for the sale of all of Lot 3, Block B, Regency Business Park Addition, Phase One,
a 0.650-acre lot for $130,000.00 on October 16, 2024. Staff noted the Board approved a First
Amendment to the Purchase and Sale Agreement on March 19, 2025, and a Second Amendment
on July 16, 2025. Staff shared that this item is being brought back to the Board due to additional
delays related to drainage and detention on site. The extension of the Feasibility Period provides
sufficient time to comply with the City Planning & Zoning approval process. The proposed Third
Amendment extends the Feasibility Period deadline by 90 days, from October 12, 2025, to January
10, 2026.
Board Action
A motion was made by Demond Dawkins, seconded by Melisa Whitehead, to approve a Third
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 5-0.
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11/19/2025 Item A.
WEDC – Minutes
October 15, 2025
Page 3 of 4
DISCUSSION ITEMS ______
DS1. Discussion regarding the Performance Agreement between WEDC and MLKJ Investments,
LLC.
Discussion
Staff noted that the default letter has been sent to MLKJ due to their inability to meet the appropriate
deadlines as outlined in the Performance Agreement. Staff added that the Board will continue to
receive updates as needed.
DS2. Discussion regarding future WEDC Board Retreats/Work Sessions.
Discussion
Staff reviewed the 2025 Goals & Objectives and discussed overall progress made in FY24-25, as
it relates to the WEDC Work Session and future objectives. Board President Brininstool discussed
prioritizing the initiatives that can be accomplished within 12 months to help staff achieve as much
as possible each year. Staff reminded the Board that the Board Retreat/Work Session will be a full-
day event, starting at 9:00 a.m. on October 24, 2025. The format will consist of a Work Session at
the WEDC Offices from 9:00-10:00 a.m., followed by a driving tour of Wylie, a tour of McKinney,
and lunch and/or dinner. Office development, downtown development, and
redevelopment/revitalization were identified as key areas of interest. Regarding topics of
discussion, the Board prioritized examining the land currently owned by WEDC, identifying next
steps in development, and exploring initiatives to encourage visitors to the community.
EXECUTIVE SESSION
Recessed into Closed Session at 7:56 a.m. in compliance with Section 551.001, et. seq. Texas Government
Code, to wit:
Sec. 551.072. DELIBERATION REGARDING REAL PROPERTY; CLOSED MEETING.
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/Alanis, State Hwy
78/Birmingham, State Hwy 78/Brown, State Hwy 78/Kreymer, and State Hwy 78/Skyview.
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, 2022-10c, 2023-1c, 2024-5a, 2024-12c, 2025-4a, 2025-4d, 2025-8d, 2025-8i, 2025-9b, 2025-
9d, 2025-10a, 2025-10b, 2025-10c, 2025-10d, and 2025-10e.
RECONVENE INTO OPEN SESSION
Take any action as a result of the Executive Session.
President Brininstool reconvened into Open Session at 9:40 a.m.
FUTURE AGENDA ITEMS
6
11/19/2025 Item A.
WEDC – Minutes
October 15, 2025
Page 4 of 4
There were no Items requested for inclusion on future agendas.
ADJOURNMENT
With no further business, President Brininstool adjourned the WEDC Board meeting at 9:41 a.m.
__________________________________
Blake Brininstool, President
ATTEST:
__________________________________
Jason Greiner, Executive Director
7
11/19/2025 Item A.
Minutes
Wylie Economic Development Corporation
Board of Directors Work Session
October 24, 2025 – 9:00 A.M.
WEDC Offices – Conference Room
250 S Hwy 78 – Wylie, TX 75098
CALL TO ORDER
Announce the presence of a Quorum
President Blake Brininstool called the meeting to order at 9:02 a.m. Board Members present were Vice President
Harold Smith, Melisa Whitehead, and Alan Dayton.
WEDC staff present included Executive Director Jason Greiner, Assistant Director Rachael Hermes, Research
Analyst Marissa Butts, and Office Manager Christy Stewart.
INVOCATION & PLEDGE OF ALLEGIANCE
Rachael Hermes gave the invocation, and Blake Brininstool led the Pledge of Allegiance.
COMMENTS ON NON-AGENDA ITEMS
With no citizen participation, President Brininstool moved to Discussion Items.
DISCUSSION ITEMS ______
DS1. Discussion regarding Board Member Responsibilities, Vision/Mission Statement, Action Plan,
WEDC Bylaws, Board Member Handbook, and Committees.
Discussion
Staff referenced the WEDC Board Member Handbook and noted that updates will be provided as
needed. Staff opened the discussion for the Board to review committee appointments, which will be
considered at the next WEDC Board Meeting. Board Members discussed the purpose of each committee
and their individual interest in serving on the committees.
Board Member Demond Dawkins arrived at the meeting at 9:16 a.m. during Discussion Item 1.
DS2. Discussion regarding Strategic Planning and Long-Term Goals.
Discussion
Staff reviewed the 2025 Goals & Objectives and provided the status of each initiative for further
discussion and review, as they relate to the organization's overall goals. Staff discussed committee
appointments and coordination with Strategic Planning Committee members to consider the 2026 Goals
& Objectives. The Board discussed scoring and assessing priorities further following the Board Tour,
as well as the use of visuals, colors/numeric values, and superimposing past and future costs to
determine the level of priority and commitment for each goal. Staff discussed components of the Board
Tour that could help evaluate future goals and strategic planning.
DS3. Discussion regarding WEDC Properties, Future Land Use, and the Comprehensive Plan.
Discussion
8
11/19/2025 Item A.
WEDC – Minutes
October 24, 2025
Page 2 of 2
Staff referred the Board to the Agenda Report provided in the packet for the details related to the WEDC
Inventory Subledger, the City of Wylie Comprehensive Plan- 2022, the City of Wylie Thoroughfare
Plan- 2018, the City of Wylie- Parks Master Plan, and the NCTCOG Downtown Wylie Study.
FUTURE AGENDA ITEMS
There were no Items requested for inclusion on future agendas.
ADJOURNMENT
With no further business, President Brininstool adjourned the WEDC Board meeting at 9:42 a.m.
__________________________________
Blake Brininstool, President
ATTEST:
__________________________________
Jason Greiner, Executive Director
9
11/19/2025 Item A.
Wylie Economic Development
Board
AGENDA REPORT
Meeting Date: November 19, 2025 Item Number: B
Prepared By: Jason Greiner
Subject
Consider and act upon approval of the October 2025 WEDC Treasurer’s Report.
Recommendation
Motion to approve the October 2025 WEDC Treasurer’s Report.
Presented for the Board’s review and approval is the October 2025 Treasurer’s Report detailing the month and year-to-
date financial transactions and performance against budget. This report contains the Revenue and Expense Report,
Statement of Net Position, Balance Sheet, Sales Tax Report, and Performance Agreement Summary.
REVENUES:
Sales Tax Revenue earned in August and allocated in October was $376,060.96, a decrease of 6.49% over the same period
in 2025. YTD sales tax revenues as of October are up 7.32%.
EXPENSES:
Advertising
$15,300 Speak Loud Group, LLC – Monthly Social Media Mgmt (Historic Downtown Wylie, Discover Wylie &
WEDC), and semiannual expenses related to Dine Shop Play Texas and Video Content Services
Land Purchase Price
$25,000 Lawyers Title Company – Earnest Money/Land Purchase/3.66 Acre
10
11/19/2025 Item B.
11/14/2025 1:04:22 PM Page 1 of 4
October Rev/Exp Report
Account Summary
For Fiscal: 2025-2026 Period Ending: 10/31/2025
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)
Percent
Remaining
Current
Total Budget
Period
AcƟvity
Original
Total Budget
Fund: 111 WYLIE ECONOMIC DEVEL CORP
Revenue
Category: 400 Taxes
SALES TAX 5,389,434.00 0.00 5,389,434.00 100.00 %0.00111400040210 5,389,434.00
Category: 400 Taxes Total:0.000.005,389,434.00 5,389,434.00 5,389,434.00 100.00%
Category: 460 Interest Income
ALLOCATED INTEREST EARNINGS 10,000.00 27,736.78 17,736.78 277.37 %27,736.78111400046110 10,000.00
Category: 460 Interest Income Total:27,736.7827,736.7810,000.00 10,000.00 17,736.78 177.37%
Category: 480 Miscellaneous Income
RENTAL INCOME 22,800.00 3,400.00 19,400.00 85.09 %3,400.00111400048110 22,800.00
GAIN/(LOSS) SALE OF CAP ASSETS 2,898,313.00 0.00 2,898,313.00 100.00 %0.00111400048430 2,898,313.00
Category: 480 Miscellaneous Income Total:3,400.003,400.002,921,113.00 2,921,113.00 2,917,713.00 99.88%
Revenue Total:31,136.7831,136.788,320,547.00 8,320,547.00 8,289,410.22 99.63%
Expense
Category: 510 Personnel Services
SALARIES 549,044.03 36,201.88 512,842.15 93.41 %36,201.88111561151110 549,044.03
LONGEVITY PAY 3,089.89 0.00 3,089.89 100.00 %0.00111561151140 3,089.89
TMRS 89,445.70 5,709.06 83,736.64 93.62 %5,709.06111561151310 89,445.70
HOSPITAL & LIFE INSURANCE 90,827.45 3,038.46 87,788.99 96.65 %3,038.46111561151410 90,827.45
LONGTERM DISABILITY 2,031.46 84.78 1,946.68 95.83 %84.78111561151420 2,031.46
FICA 34,232.30 2,164.07 32,068.23 93.68 %2,164.07111561151440 34,232.30
MEDICARE 8,005.94 506.13 7,499.81 93.68 %506.13111561151450 8,005.94
WORKERS COMP PREMIUM 552.13 362.72 189.41 34.31 %362.72111561151470 552.13
UNEMPLOYMENT COMP (TWC)702.00 0.00 702.00 100.00 %0.00111561151480 702.00
Category: 510 Personnel Services Total:48,067.1048,067.10777,930.90 777,930.90 729,863.80 93.82%
Category: 520 Supplies
OFFICE SUPPLIES 5,000.00 0.00 5,000.00 100.00 %0.00111561152010 5,000.00
POSTAGE & FREIGHT 300.00 0.00 300.00 100.00 %0.00111561152040 300.00
FOOD SUPPLIES 3,000.00 0.00 3,000.00 100.00 %0.00111561152810 3,000.00
Category: 520 Supplies Total:0.000.008,300.00 8,300.00 8,300.00 100.00%
Category: 540 Materials for Maintenance
FURNITURE & FIXTURES 2,500.00 0.00 2,500.00 100.00 %0.00111561154610 2,500.00
COMPUTER HARD/SOFTWARE 7,650.00 0.00 7,650.00 100.00 %0.00111561154810 7,650.00
Category: 540 Materials for Maintenance Total:0.000.0010,150.00 10,150.00 10,150.00 100.00%
Category: 560 Contractual Services
INCENTIVES 1,510,000.00 0.00 1,510,000.00 100.00 %0.00111561156030 1,510,000.00
SPECIAL SERVICES 87,270.00 157.50 87,112.50 99.82 %157.50111561156040 87,270.00
SPECIAL SERVICESREAL ESTATE 221,000.00 0.00 221,000.00 100.00 %0.00111561156041 221,000.00
SPECIAL SERVICESINFRASTRUCTUR 3,200,000.00 0.00 3,200,000.00 100.00 %0.00111561156042 3,200,000.00
ADVERTISING 276,125.00 17,250.00 258,875.00 93.75 %17,250.00111561156080 276,125.00
COMMUNITY DEVELOPMENT 74,450.00 0.00 74,450.00 100.00 %0.00111561156090 74,450.00
COMMUNICATIONS 7,900.00 0.00 7,900.00 100.00 %0.00111561156110 7,900.00
RENTAL 50,000.00 2,250.00 47,750.00 95.50 %2,250.00111561156180 50,000.00
TRAVEL & TRAINING 95,500.00 7,871.40 87,628.60 91.76 %7,871.40111561156210 95,500.00
DUES & SUBSCRIPTIONS 91,053.00 20,915.70 70,137.30 77.03 %20,915.70111561156250 91,053.00
INSURANCE 6,800.00 2,161.16 4,638.84 68.22 %2,161.16111561156310 6,800.00
AUDIT & LEGAL SERVICES 53,000.00 0.00 53,000.00 100.00 %0.00111561156510 53,000.00
ENGINEERING/ARCHITECTURAL 960,300.00 1,250.00 959,050.00 99.87 %1,250.00111561156570 960,300.00
UTILITIESELECTRIC 2,400.00 0.00 2,400.00 100.00 %0.00111561156610 2,400.00
Category: 560 Contractual Services Total:51,855.7651,855.766,635,798.00 6,635,798.00 6,583,942.24 99.22%
11
11/19/2025 Item B.
Budget Report For Fiscal: 20252026 Period Ending: 10/31/2025
11/14/2025 1:04:22 PM Page 2 of 4
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)
Percent
Remaining
Current
Total Budget
Period
AcƟvity
Original
Total Budget
Category: 570 Debt Service & Capital Replacement
PRINCIPAL PAYMENT 818,019.85 67,181.95 750,837.90 91.79 %67,181.95111561157410 818,019.85
INTEREST EXPENSE 1,065,228.95 86,087.18 979,141.77 91.92 %86,087.18111561157415 1,065,228.95
Category: 570 Debt Service & Capital Replacement Total:153,269.13153,269.131,883,248.80 1,883,248.80 1,729,979.67 91.86%
Category: 580 Capital Outlay
LANDPURCHASE PRICE 1,000,000.00 25,000.00 975,000.00 97.50 %25,000.00111561158110 1,000,000.00
Category: 580 Capital Outlay Total: 25,000.0025,000.001,000,000.00 1,000,000.00 975,000.00 97.50%
Expense Total:278,191.99278,191.9910,315,427.70 10,315,427.70 10,037,235.71 97.30%
Fund: 111 WYLIE ECONOMIC DEVEL CORP Surplus (Deficit):247,055.21247,055.211,994,880.70 1,994,880.70 1,747,825.49 87.62%
Report Surplus (Deficit):247,055.21 247,055.211,994,880.70 1,994,880.70 1,747,825.49 87.62%
12
11/19/2025 Item B.
Budget Report For Fiscal: 20252026 Period Ending: 10/31/2025
11/14/2025 1:04:22 PM Page 3 of 4
Group Summary
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)
Period
AcƟvityCategory
Current
Total Budget
Original
Total Budget
Percent
Remaining
Fund: 111 WYLIE ECONOMIC DEVEL CORP
Revenue
400 Taxes 0.000.005,389,434.00 5,389,434.00 5,389,434.00 100.00%
460 Interest Income 27,736.7827,736.7810,000.00 10,000.00 17,736.78 177.37%
480 Miscellaneous Income 3,400.003,400.002,921,113.00 2,921,113.00 2,917,713.00 99.88%
31,136.7831,136.788,320,547.00 8,320,547.00 8,289,410.22Revenue Total:99.63%
Expense
510 Personnel Services 48,067.1048,067.10777,930.90 777,930.90 729,863.80 93.82%
520 Supplies 0.000.008,300.00 8,300.00 8,300.00 100.00%
540 Materials for Maintenance 0.000.0010,150.00 10,150.00 10,150.00 100.00%
560 Contractual Services 51,855.7651,855.766,635,798.00 6,635,798.00 6,583,942.24 99.22%
570 Debt Service & Capital Replacement 153,269.13153,269.131,883,248.80 1,883,248.80 1,729,979.67 91.86%
580 Capital Outlay 25,000.0025,000.001,000,000.00 1,000,000.00 975,000.00 97.50%
278,191.99278,191.9910,315,427.70 10,315,427.70 10,037,235.71Expense Total:97.30%
247,055.21247,055.211,994,880.70 1,994,880.70 1,747,825.49Fund: 111 WYLIE ECONOMIC DEVEL CORP Surplus (Deficit):87.62%
Report Surplus (Deficit):247,055.21 247,055.211,994,880.70 1,994,880.70 1,747,825.49 87.62%
13
11/19/2025 Item B.
Budget Report For Fiscal: 20252026 Period Ending: 10/31/2025
11/14/2025 1:04:22 PM Page 4 of 4
Fund Summary
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)Fund
Period
AcƟvity
Current
Total Budget
Original
Total Budget
111 WYLIE ECONOMIC DEVEL CO 247,055.21247,055.211,994,880.70 1,994,880.70 1,747,825.49
Report Surplus (Deficit):247,055.21 247,055.211,994,880.70 1,994,880.70 1,747,825.49
14
11/19/2025 Item B.
Wylie Economic Development Corporation
Statement of Net Position
As of October 31, 2025
Assets
Cash and cash equivalents 10,773,986.33$
Receivables 1,109,000.00$ Note 1
Inventories 15,994,175.91$
Prepaid Items -$
Total Assets 27,877,162.24$
Deferred Outflows of Resources
Pensions 84,397.55$
Total deferred outflows of resources 84,397.55$
Liabilities
Accounts Payable and other current liabilities 593,837.36$
Unearned Revenue 1,200.00$ Note 2
Non current liabilities:
Due within one year 833,403.89$ Note 3
Due in more than one year 20,474,737.55$
Total Liabilities 21,903,178.80$
Deferred Inflows of Resources
Pensions (8,542.41)$
Total deferred inflows of resources (8,542.41)$
Net Position
Net investment in capital assets -$
Unrestricted 6,049,838.58$
Total Net Position 6,049,838.58$
Note 1: Includes incentives in the form of forgivable loans for $34,000 (Glen Echo),
$450,000 (Phoenix Ascending), $200,000 (MLKJ), and $425,000 (Blakey)
Note 2: Deposits from rental property
Note 3: Liabilities due within one year includes compensated absences of $32,301
15
11/19/2025 Item B.
11/14/2025 1:03:39 PM Page 1 of 3
Balance Sheet
Account Summary
As Of 10/31/2025
Name Balance
Fund: 111 - WYLIE ECONOMIC DEVEL CORP
Assets
111-1000-10110 CLAIM ON CASH AND CASH EQUIV. 10,771,986.33
111-1000-10115 CASH - WEDC - INWOOD 0.00
111-1000-10135 ESCROW 0.00
111-1000-10180 DEPOSITS 2,000.00
111-1000-10198 OTHER - MISC CLEARING 0.00
111-1000-10341 TEXPOOL 0.00
111-1000-10343 LOGIC 0.00
111-1000-10481 INTEREST RECEIVABLE 0.00
111-1000-11511 ACCTS REC - MISC 0.00
111-1000-11517 ACCTS REC - SALES TAX 0.00
111-1000-12810 LEASE PAYMENTS RECEIVABLE 0.00
111-1000-12950 LOAN PROCEEDS RECEIVABLE 0.00
111-1000-12996 LOAN RECEIVABLE 0.00
111-1000-12997 ACCTS REC - JTM TECH 0.00
111-1000-12998 ACCTS REC - FORGIVEABLE LOANS 1,109,000.00
111-1000-14112 INVENTORY - MATERIAL/ SUPPLY 0.00
111-1000-14116 INVENTORY - LAND & BUILDINGS 15,994,175.91
111-1000-14118 INVENTORY - BAYCO/ SANDEN BLVD 0.00
111-1000-14310 PREPAID EXPENSES - MISC 0.00
111-1000-14410 DEFERRED OUTFLOWS 710,000.00
28,587,162.24Total Assets:28,587,162.24
Liability
111-2000-20110 FEDERAL INCOME TAX PAYABLE 0.00
111-2000-20111 MEDICARE PAYABLE 0.00
111-2000-20112 CHILD SUPPORT PAYABLE 0.00
111-2000-20113 CREDIT UNION PAYABLE 0.00
111-2000-20114 IRS LEVY PAYABLE 0.00
111-2000-20115 NATIONWIDE DEFERRED COMP 0.00
111-2000-20116 HEALTH INSUR PAY-EMPLOYEE -2,621.16
111-2000-20117 TMRS PAYABLE 13,315.92
111-2000-20118 ROTH IRA PAYABLE 0.00
111-2000-20119 WORKERS COMP PAYABLE 0.00
111-2000-20120 FICA PAYABLE 0.00
111-2000-20121 TEC PAYABLE 0.00
111-2000-20122 STUDENT LOAN LEVY PAYABLE 0.00
111-2000-20123 ALIMONY PAYABLE 0.00
111-2000-20124 BANKRUPTCY PAYABLE 0.00
111-2000-20125 VALIC DEFERRED COMP 0.00
111-2000-20126 ICMA PAYABLE 0.00
111-2000-20127 EMP. LEGAL SERVICES PAYABLE 0.00
111-2000-20130 FLEXIBLE SPENDING ACCOUNT 0.00
111-2000-20131 EDWARD JONES DEFERRED COMP 0.00
111-2000-20132 EMP CARE FLITE 0.00
111-2000-20133 Unemployment Comp Payable 13.70
111-2000-20151 ACCRUED WAGES PAYABLE 0.00
111-2000-20180 ADDIT EMPLOYEE INSUR PAY 49.46
111-2000-20199 MISC PAYROLL PAYABLE 0.00
111-2000-20201 AP PENDING 0.00
111-2000-20210 ACCOUNTS PAYABLE 20,639.82
111-2000-20530 PROPERTY TAXES PAYABLE 0.00
111-2000-20540 NOTES PAYABLE 710,000.00
111-2000-20610 RETAINAGE PAYABLE 579,844.70
16
11/19/2025 Item B.
Balance Sheet As Of 10/31/2025
11/14/2025 1:03:39 PM Page 2 of 3
Account Name Balance
111-2000-20810 DUE TO GENERAL FUND 0.00
111-2000-22270 DEFERRED INFLOW 0.00
111-2000-22275 DEF INFLOW - LEASE PRINCIPAL 0.00
111-2000-22280 DEFERRED INFLOW - LEASE INT 0.00
111-2000-22915 RENTAL DEPOSITS 1,200.00
1,322,442.44Total Liability:
Equity
111-3000-34110 FUND BALANCE - RESERVED 0.00
111-3000-34590 FUND BALANCE-UNRESERV/UNDESIG 27,511,002.09
27,511,002.09Total Beginning Equity:
31,136.78Total Revenue
278,191.99Total Expense
-247,055.21Revenues Over/Under Expenses
Total Liabilities, Equity and Current Surplus (Deficit):28,586,389.32
27,263,946.88Total Equity and Current Surplus (Deficit):
*** FUND 111 OUT OF BALANCE ***772.92
***Warning: Account AuthorizaƟon is turned on. Please run the Unauthorized Account LisƟng Report to see if you are out of balance due to missing
17
11/19/2025 Item B.
Balance Sheet As Of 10/31/2025
11/14/2025 1:03:39 PM Page 3 of 3
Account Name Balance
Fund: 922 - GEN LONG TERM DEBT (WEDC)
Assets
0.00Total Assets:0.00
Liability
922-2000-28248 GOVCAP LOAN/SERIES 2022 6,993,178.75
6,993,178.75Total Liability:
Total Liabilities, Equity and Current Surplus (Deficit):6,993,178.75
0.00Total Equity and Current Surplus (Deficit):
*** FUND 922 OUT OF BALANCE ***-6,993,178.75
***Warning: Account AuthorizaƟon is turned on. Please run the Unauthorized Account LisƟng Report to see if you are out of balance due to missing
18
11/19/2025 Item B.
MONTH FY 2022 FY 2023 FY 2024 FY 2025
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$ 322,976.93$ (18,358.13)$ -5.38%
MAY 401,180.20$ 434,878.33$ 448,671.55$ 471,458.46$ 22,786.91$ 5.08%
JUNE 343,371.26$ 330,236.89$ 377,949.25$ 388,872.57$ 10,923.32$ 2.89%
JULY 331,432.86$ 379,162.00$ 374,225.20$ 392,577.13$ 18,351.93$ 4.90%
AUGUST 429,696.16$ 448,253.70$ 463,185.29$ 464,675.10$ 1,489.80$ 0.32%
SEPTEMBER 337,512.61$ 371,880.65$ 408,571.56$ 413,833.25$ 5,261.69$ 1.29%
OCTOBER 346,236.36$ 377,466.67$ 402,154.81$ 376,060.96$ (26,093.85)$ -6.49%
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$ 4,535,041.54$ 107,018.40$ 7.32%
Total 4,161,281.96$ 4,611,795.64$ 4,874,240.18$ 4,535,041.54$ 107,018.40$ 7.32%
*** Sales Tax collections typically take 2 months to be reflected as Revenue. SlsTx receipts are then accrued back 2 months.
Example: October SlsTx Revenue is actually August SlsTx and is therefore the 11th allocation in FY25.
DIFF
24 vs. 25
% DIFF
24 vs. 25
Wylie Economic Development Corporation
SALES TAX REPORT
October 31, 2025
BUDGETED YEAR
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
WEDC Sales Tax Analysis
2024
2025
19
11/19/2025 Item B.
PERFORMANCE AGREEMENTS FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031
AMERICAN ENTITLEMENTS II 35,000.00$ 10,000.00$ -$ -$ -$ -$ -$ -$ 25,000.00$ 35,000.00$
GLEN ECHO BREWING 100,000.00$ 20,000.00$ -$ -$ -$ -$ -$ -$ 80,000.00$ 100,000.00$ A
MLKJ 80,000.00$ 40,000.00$ 40,000.00$ -$ -$ -$ -$ 40,000.00$ -$ 80,000.00$ B
PHOENIX ASCENDING -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ C
CATES/LANSPRING INVESTMENTS 600,000.00$ -$ 300,000.00$ 300,000.00$ -$ -$ -$ 600,000.00$ -$ 600,000.00$ D
815,000.00$ 70,000.00$ 340,000.00$ 300,000.00$ -$ -$ -$ 640,000.00$ 105,000.00$ 815,000.00$
Deferred Outflow 710,000.00$
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 4 years). $50,000 CO & $50,000/year in 2027, 2028, & 2029. (PA currently in default.)
C. Forgiveable Land Grant ($450,000 forgiven over 4 years). $112,500 CO & $112,500/year in 2026, 2027, & 2028.
D. Performance Agreement ($600,000) and Forgivable Land Grant ($425,000 forgiven over 4 years) $106,250 CO, $106,250 in 2027, $106,250 in 2028, $106,250 in 2029
Wylie Economic Development Corporation
PERFORMANCE AGREEMENT REPORT
October 31, 2025
TOTAL
INCENTIVE
REMAINING
AFTER
CURRENT FY
PREVIOUS FY
PAYMENTS
TOTAL
INCENTIVE
20
11/19/2025 Item B.
Wylie Economic Development
Board
AGENDA REPORT
Meeting Date: November 19, 2025 Item Number: 1
Prepared By: Jason Greiner
Subject
Consider and act upon Committee Appointments by the Board.
Recommendation
Motion to accept the Board President’s WEDC Committee Appointments.
Discussion
Provided for the Board’s review is Section VI – Committees of the WEDC Bylaws. Section VI provides for the
qualifications and selection for Committee Membership.
Section 6.01 - Qualifications for Committee Membership:
Members of committees shall be appointed by the President and approved by the Board. Committee members need not
be members of the Wylie Economic Development Corporation unless required by these Bylaws or Board resolution.”
Per the Bylaws, Standing Committees of the Board may include:
Budget, Finance and Audit Committee (Committee Currently Active: Demond Dawkins and Melisa Whitehead)
Committee for Business Retention and Expansion
Committee for New Business Attraction and Recruitment (Committee Currently Active: Blake Brininstool)
Section 6.03 – Special Committees:
“The President may determine from time to time that other committees are necessary or appropriate to assist the Board
of Directors, and shall designate, subject to Board approval, the members of the respective committees.”
Active Special Committees of the Board:
Strategic Planning (Blake Brininstool, Harold Smith, and Demond Dawkins)
Staffing and Compensation (Harold Smith and Melisa Whitehead)
Section 6.04 – Term of Committee Members
Each member of a committee shall continue as such until the next appointment of the Board of Directors and until his/her
successor on the committee is appointed, unless the committee shall be sooner terminated or unless such member has
ceased to serve on the Board of Directors, or unless such member be removed from such committee. Any committee
member may be removed from committee membership by the President, with Board approval, whenever in their judgment
the best interests of the Corporation would be served by such removal.
21
11/19/2025 Item 1.
The Board President will open a discussion to appoint new Committee Members for the Board's approval.
Attachment:
WEDC Bylaws, Section VI
22
11/19/2025 Item 1.
or governmental entity to perform and discharge designated tasks which will aid or assist the Board in the
performance of its duties. However, no such contract shall ever be approved or entered into which seeks
or attempts to divest the Board of Directors of its discretion and policy-making functions in discharging
the duties herein above set forth in this section.
ARTICLE VI
COMMITTEES
6.01 Qualifications for Committee Membership
Members of committees shall be appointed by the President and approved by the Board.
Committee members need not be members of the Wylie Economic Development Corporation unless
required by these Bylaws or Board resolution.
6.02 Standing Committees
The President shall have authority to appoint the following standing committees of the Board and
such other committees as the Board may deem appropriate in the future:
Budget, Finance and Audit Committee: This committee shall have the responsibility of working
with the Director, or the contractual entity performing as Director as the case may be, in the formation
and promotion of the annual budget of the Board. The Committee shall present such budget to the Board
and, upon approval, shall present, in accordance with these Bylaws, said budget to the City Council. In
addition to the preparation of the budget, the committee shall keep the Board advised in such matters. The
Committee shall further have the responsibility to oversee and work with auditors of the City or outside
auditors when audits of the Board are being performed.
Committee for Business Retention and Expansion: This committee shall work with the Director
of Economic Development and shall keep the Board informed of all development and activities
concerning business retention and expansion.
Committee for New Business Attraction and Recruitment: This committee shall work with the
Director of Economic Development and shall keep the Board informed of all developments and activities
concerning business attraction and recruitment.
6.03 Special Committees
The President may determine from time to time that other committees are necessary or
appropriate to assist the Board of Directors, and shall designate, subject to Board approval, the members
of the respective committees.
No such committee shall have independent authority to act for or instead of the Board of
Directors with regard to the following matters: amending, altering, or repealing the Bylaws; electing,
appointing, or removing any member of any such committee or any Director or Officer of the
Corporation; amending the Articles of Incorporation; adopting a plan of merger or adopting a plan of
consolidation with another corporation; authorizing the sale, lease, exchange, or mortgage of all or
substantially all of the property and assets of the Corporation; authorizing the voluntary dissolution of the
Corporation or revoking the proceedings thereof; adopting a plan for the distribution of the assets of the
Corporation; or amending, altering, or repealing any resolution of the Board of Directors which by its
terms provides that it shall not be amended, altered, or repealed by such committee.
23
11/19/2025 Item 1.
The designation and appointment of any such committee and delegation to that committee of
authority shall not operate to relieve the Board of Directors, or any individual Director, of any
responsibility imposed on it or on him/her by law or these Bylaws.
6.04 Term of Committee Members
Each member of a committee shall continue as such until the next appointment of the Board of
Directors and until his/her successor on the committee is appointed, unless the committee shall be sooner
terminated or unless such member has ceased to serve on the Board of Directors, or unless such member
be removed from such committee.
Any committee member may be removed from committee membership by the President, with
Board approval, whenever in their judgment the best interests of the Corporation would be served by such
removal.
6.05 Vacancies on Committees
Vacancies in the membership of any committee may be filled in the same manner as provided
with regard to the original appointments to that committee.
6.6 Ex-Officio Members
The City Manager or his/her designee and the Mayor or his/her designee may attend all meetings
of the Board of Directors or Committees. These representatives shall not have the power to vote in the
meetings they attend. Their attendance shall be for the purpose of ensuring that information about the
meeting is accurately communicated to the City Council and to satisfy the City Council obligation to
control the powers of the Corporation.
ARTICLE VII
FINANCIAL ADMINISTRATION
The Corporation may contract with the City for financial and accounting services. The Corporation’s
financing and accounting records shall be maintained according to the following guidelines:
7.01 Fiscal Year
The fiscal year of Corporation shall begin on October 1 and end on September 30 of the
following year.
7.02 Budget
A budget for the forthcoming fiscal year shall be submitted to, and approved by, the Board of
Directors and the City Council of the City of Wylie. In submitting the budget to the City Council, the
Board of Directors shall submit the budget on forms prescribed by the City Manager and in accordance
with the annual budget preparation schedule as set forth by the City Manager. The budget shall be
submitted to the City Manager for inclusion in the annual budget presentation to the City Council.
7.03 Contracts
As provided in Article V above, the President and Secretary shall execute any contracts or other
24
11/19/2025 Item 1.
Wylie Economic Development
Board
AGENDA REPORT
Meeting Date: November 19, 2025 Item Number: DS1
Prepared By: Jason Greiner
Subject
Discussion regarding the WEDC Board Retreat/Work Session.
Recommendation
No action is requested by staff for this item.
Discussion
Staff will lead the discussion regarding the WEDC Board Retreat/Work Session that took place on October 24, 2025.
25
11/19/2025 Item DS1.
2025 Goals & Objectives
Downtown Revitalization and Expansion
TxDOT - Median Improvements / Decel Lane Installation
Project Completed in FY25
Cooper Plaza - Infrastructure Installation
Completed punch list & walk-thru of project on 10-8-25
Cooper Plaza – Updated Concept Plans & Market/Sell Lots – Ongoing
7-Eleven slated to complete construction in Fall 2025
Working on Lot 6 and 2nd Street Concept plans
Jackson Avenue Parking, Engineering & Design – Late 2025
Anticipate completed construction plans for Downtown Parking
(Jackson/Oak/Ballard/Marble) by December 2025. Concept plans to follow for Jackson
Ave. Development.
RR ROW - Plan/Install Additional Parking - TBD
Birmingham Street & Jefferson Avenue – Road Extensions – TBD
South Ballard Overlay & Concept Plans – TBD
544 Gateway Corridor
544 Gateway Addition - John Yeager Way - Infrastructure Installation
Project at 85% completion; pending TxDOT approval concerning turn lane, with
construction time estimate at 30-45 days following receipt of the updated permit.
544 Gateway Addition - Market/Sell WEDC Properties – Ongoing
Lot 1: Sold - 2 Acres Shadyside (Walk-Ons)
Lot 2: Under Contract – SCSD
Lot 3: TUA for Walk-Ons Construction thru 3-2026 / Parking IPO – Fall 2025
Lot 4: Detention
Lot 5: Sold - Lanspring Investments (Cates Control Systems)
Lot 6: Sold - Phoenix Ascending (Day Lumber)
Lot 7: Marketing - Pending PSA (need IPO for Lot 3 parking)
544 Corridor Flood Study & IPO for City’s 19 AC
544 Corridor Master Drainage Analysis
o Updated drainage analysis has been completed.
544 Corridor Master Plan
o In progress with Kimley Horn
Hwy 78 Developments (Eubanks to Wylie East)
Atmos Gas - Main Line Extension and Installation – Fall 2025
Permit pending approval by TxDOT
TxDOT Median Improvements / Decel Lanes Installation – Early 2025 to Early 2026
Expand/Promote BRE and Workforce Programs
Expand relationships with Community Resource Partners
Career Fairs / Hiring Events / Seminars
HR Roundtable / CEO Roundtable / Community Roundtable
26
11/19/2025 Item DS1.
Grow MFG Day/Month & Training Opportunities Locally
Expand Tour Options, Locations, and Hours for the General Public
o Business Appreciation Event added to MFG Day activities
Expand the Workforce Luncheon, MFG Dinner, and Networking Event
Expand/Promote Entrepreneurship and Small Business Assistance Programs
Expand Training & Enrichment Programs with the Chamber & WDMA
o Social Media Rescue (semi-annual & ongoing) & Wylie Entrepreneur Expo (Early
2026)
Grow Small Business Week Awareness and Promote EconDev Week
Grow the Entrepreneur Expo & Small Business Support Programs
o ESL Programming, Grant Exploration, & SDF applications
o $100,000 in Workforce Grant Applications pending or submitted for local
employers
Additional Initiatives Identified in FY25
Secure Additional Funds for Property Acquisition: $6,800,500 WEDC Loan acquired in Sept 2025
Acquisition of Properties: 8.573-acre tract acquired Sept 2025 & 3.66-acre tract under contract
Hooper/Steel/Regency Business Park (Shadow Creek Village) – RBP drainage assessment
coming soon; assisting with infrastructure, utility relocation, and engineering
Water/Sewer Extension State Hwy 78/Alanis: Bid approved for project; coordinating with Stealth
Finishing
IPO Eubanks Road Design/Engineering: IPO pending
State Hwy 78 Sidewalks: Construction plans are anticipated within the next month. (East Marble
to South Ballard along SH 78 (includes a sidewalk connection at the intersection of SH 78 and East
Oak that travels to The Cross Church parking lot).
Sale of 25 Steel Road: Property is under contract; engineering and drainage assessment underway
Feasibility Study: WEDC proactively identified emerging opportunities and explored the viability
of other uses.
Discover Wylie License Agreement: WEDC and Wylie Downtown Merchants Association entered
into a mutual trademark and URL/website license agreement for use of the “Discover Wylie”
brand by WEDC and use of the “Historic Downtown Wylie” brand by WDMA. Additionally, the
WEDC entered into a Marketing Partnership with WDMA. These efforts are intended to position
Wylie as a premier destination for residents, visitors, and businesses by delivering a modern,
cohesive, and user-friendly digital presence.
Discover Wylie/Historic Downtown Wylie Website: WEDC entered into a Services Agreement
with Granicus/Simpleview for visual identity and website redesign services, with the first kickoff
call soon to be scheduled.
27
11/19/2025 Item DS1.
Wylie Economic Development
Board
AGENDA REPORT
Meeting Date: November 19, 2025 Item Number: DS2
Prepared By: Jason Greiner
Subject
Discussion regarding WEDC Bylaws.
Recommendation
No action is requested by staff for this item.
Discussion
Staff will lead the Discussion regarding WEDC Bylaws.
28
11/19/2025 Item DS2.
Wylie Economic Development
Board
STAFF REPORT
Date: November 19, 2025
Prepared By: Jason Greiner
Subject
Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report,
Upcoming Events, and WEDC Activities/Programs.
Recommendation
N/A
Discussion
WEDC Property Update:
Property Management
Staff have continued working with contractors to ensure that mowing and maintenance of trees on WEDC
properties are taking place.
Staff have been in communication with the former tenant of 106 N Birmingham, 605 Commerce/Suite 200, and
908 Kirby regarding payment of past due rent.
Recently Sold or Pending Real Estate Agreements
544 Gateway/Lot 1: 2 Acres Shadyside, LLC – Sold: 8-18-25. Construction began on 9-22-25, terminating the
option to re-purchase. Anticipated completion date: March 2026
544 Gateway/Lot 2: SCSD – Current Status: Final Engineering Review. Closing Date: TBD
544 Gateway/Lot 5: Lanspring Investments, LLC – Sold: 09-23-25. Anticipated completion date: Mid/Late 2026
3.66-acre tract/JD & JM Enterprises, L.P. (Dempsey) – Under Contract: Inspection Period Exp 01-04-26; Closing
Date TBD (02-03-26)
25 Steel Road/Aktrian Holdings –Closing Date: 11-19-25
Listing Agreement – Segovia Partners (SP)
The one remaining pad site is 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).
Tiseo currently working on FM 544 Gateway turn lane improvements.
Tiseo to provide final change order for signature.
KH sent updated Lot 3 parking lot concept plan to WEDC for review.
KH preparing IPO for construction plans for parking lot.
FM 544 Corridor Master Plans
29
11/19/2025 Item DS3.
KH updating the drainage analysis for the 45 acres and the east meadow based on the meeting with WEDC on
10/20/2025, where we determined various phasing options.
KH to update concept plans and create OPCC based on updated pond locations and phasing options.
Design & Engineering - Cooper Plaza - State Hwy 78 & Brown
WEDC is working with Canary Construction/Vasquez Engineering on Oncor meter NTMWD vault adjustment
coordination.
Initial punch list walkthrough letter sent to McMahon on 10/29/2025; McMahon is working through final items.
Issue with the meter set at Cooper Plaza has been resolved.
Flood Study & Drainage Study- Hooper/Steel/Regency Business Park (KH)
KHA and LJA are currently coordinating on drainage improvements. KHA to finalize drainage assumptions and
set up a meeting to discuss results as required.
Water & Sewer Extension - State Hwy 78/Alanis (KH)
KH provided a recommended award letter for Canary Construction.
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
Coordinating with City and design team for the Downtown infrastructure/wayfinding project to coordinate
parking, drainage, and “theme” of the development.
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. An architect/planner will be engaged to
help plan the buildings (anticipated to be shell buildings/condominiums for lease. The development will meet the
requirements of the Downtown overlay district.
Atmos Gas Main Extension- N Hwy 78
The updated TxDOT permit has been received, and the updated application is pending approval from the City of
Wylie.
SH 78 Sidewalks
KH to send preliminary construction plan sheets to WEDC for review and approval on horizontal sidewalk
design ASAP.
KH to finalize construction plans once receiving approval from WEDC and submit to City for review.
Coordination with church for sidewalk and access easements to begin once horizontal alignment of sidewalk is
approved by WEDC.
Downtown Parking / Jackson Ave Parking and Striping
KH to revise parking layout and extents based on recent discussion with WEDC and send an updated exhibit to
WEDC for review and approval.
KH to begin preparing construction plans once the WEDC reviews and approves the exhibit.
BRE & Workforce Updates:
Conducted one BRE visit with a primary employer in October.
Managed MFG Day 2025 Launch on Oct. 2nd with plant tours/educational programs for 143 students in the
Engineering, Robotics, and Welding programs, 17 students in Pharmacy Tech, and 75 students in Construction,
Architecture, and Electrical programs.
Participated in Engineering Day 2025 at Collin College to evaluate possible launch for Wylie in 2026.
Managed Business Appreciation event in Regency Business Park on October 9th. Targeted 20 companies residing
within this business park and served 190 items with “Thank You” cards.
30
11/19/2025 Item DS3.
Met with a local manufacturing company in the process of launching a new product with significant expansion
opportunities and workforce needs. Explored local available property, hiring initiatives, and grant program
funding opportunities.
Conducted internal training/succession planning activities for BRE functions associated with MFG Day.
Facilitated business visit and facility tour for Board Member, Harold Smith, at AXL Advanced, a manufacturer
of First Responder and Military gear.
Additional WEDC Activities/Programs in Review:
Ongoing efforts toward social media, Discover Wylie, and Social Media Rescue for local businesses.
The Services Agreement with Granicus/Simpleview has been executed for Discover Wylie website redesign
services. Project meetings have kicked off, and onsite planning is being coordinated.
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 Hope Under the Stars (JG, RH)
Staff attended MFG Day Kickoff & Tours (RH, AW, MB, CS)
Staff attended TEDC Sales Tax Training (JG, CS)
Board Member attended TEDC’s Basic Course (HS)
Staff attended Leadership Wylie – Focus on Nonprofits (CS)
Staff participated in SitesOnTexas Training (MB)
Staff attended Collin College Committee of 100 Event (RH, AW)
Staff participated in TEDC Annual Conference (JG, RH)
Sales tax revenues for November are up 7.49%. Final FY25 sales tax revenues were up 7.94%.
Upcoming Events:
Chamber of Commerce Elfin Gala – December 5
Wylie Entrepreneur Expo – January 22
Project U – February 17 – Burleson
ICSC Red River – February 17-18 – San Antonio
Please see the attached Marketing Calendar for the full list of upcoming events.
31
11/19/2025 Item DS3.
2025 October Board Meeting – 15th
7 8:30 am WDMA Meeting
2 9:45 am Manufacturing Day Kick Off
9 MFG Day – Pharmaceutical Tours & Business Appreciation Event
9 Leadership Wylie – Nonprofits – cs
11 5:45 pm Hope Under the Stars
14 6:00 pm City Council
7-10 Basic Economic Development Course – Frisco – hs
13-17 WISD Fall Break
15 7:30 am WEDC- Board Meeting
16 5:01-7:00 pm 5:01 PM Professional Mixer – Manny’s Tex-Mex
17 TEDC Sales Tax Training – Richardson – jg, cs
22 MFG Day – Anatomy of a Construction Project
24 Wylie EDC Board Retreat/Work Session
28 6:00 pm City Council
28 5:00 pm Collin College Committee of 100 Event – rh, aw
29-31 TEDC Annual Conference – San Antonio – jg, rh
31 31st Annual North Texas CCIM Sporting Clays Tournament – bb
2025 November Board Meeting – 19th
3-5 Texas Downtown Conference – Waco
4 8:30 am WDMA Meeting
5 10:00 am Hiring Red, White & YOU Career Fair – Allen
11 CLOSED Veterans Day - City Holiday
13 Leadership Wylie – City/EDC – cs, jg, rh
13-14 TML EconDev Conference – Bastrop
18 6:00 pm City Council
18 8:00 am Wylie Chamber Breakfast featuring Wylie Community Christian Care Center
19 7:30 am WEDC- Board Meeting
20 5:01-7:00 pm 5:01 PM Professional Mixer – Longhouse Meadery & Wylie Urban Farm Co-op
27-28 CLOSED Thanksgiving Holiday
2025 December Board Meeting – 17th
Day Time Meeting/Event
1-15 TEDC Sales Tax Workshop – Virtual – rh
2 8:30 am WDMA Meeting
4 TEDC Board Retreat – Austin – jg
5 6:00 pm Chamber Elfin Gala – Boyd Farm, Lavon *RSVP Required
8-10 SEDC - Emerging Leaders #YPCON – mb
9 6:00 pm City Council
11 Leadership Wylie – WISD, Collin College – cs
17 7:30 am WEDC- Board Meeting
24-26 CLOSED Christmas Holiday
Around the Corner…
Wylie Entrepreneur Expo – January 22
Project U 2026 – Burleson – February 17 *RSVP Required
ICSC Red River – San Antonio – February 17-18 *RSVP Required
TEDC Winter Conference – El Paso – February 24-26
Texas Women in Economic Development Conference – Round Rock – March 31-April 1
32
11/19/2025 Item DS3.