12-17-2025 (WEDC) Agenda PacketWylie Economic Development Corporation
Board Regular Meeting
December 17, 2025 — 7:30 AM
WEDC Office Conference Room - 250 South Highway 78, Wylie, Texas
75098
CALL TO ORDER
INVOCATION & PLEDGE OF ALLEGIANCE
C S z VIA
4 �r,��.,��
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 ConsentAgenda
and will be considered separately.
Ai Consider and act upon approval of Minutes from the November 19, 2025 Regular Meeting of the WEDC
Board of Directors.
B. Consider and act upon approval of the November 2025 WEDC Treasurer's Report.
REGULAR AGENDA
I . Consider and act upon FY 2025-2026 Budget Amendments.
DISCUSSION ITEMS
DS1, Discussion regarding ICSC Events.
S1 Discussion regarding WEDC Bylaws.
DS3, Discussion and updates from WEDC Committees.
DS4. 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
(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.
ES 1. Consider the sale or acquisition of properties located at Brown/Ballard, Brown/Eubanks, FM 544/Cooper,
FM 544/Sanden, Jackson/Oak, State Hwy 78/Alanis, State Hwy 78/Birmingham, State Hwy 78Brown, State
Hwy 78/Kreymer, 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, 2022-10d, 2023-1c, 2024-5a, 2024-7g,
2024-12c, 2025-4a, 2025-4d, 2025-5h, 2025-8i, 2025-9b, 2025-9d, 2025-10c, 2025-10f, 2025-1le, 2025-
11f, 2025-11g, 2025-11h, 2025-11i, 2025-11j, 2025-12a, 2025-12b, 2025-12c, 2025-12d, and 2025-12e.
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 December 10, 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
i''age 12 11
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.
Pao 13
1211712025 Item A.
Minutes
Wylie Economic Development Corporation
Board of Directors Regular Meeting
November 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 Blake Brininstool called the meeting to order at 7:33 a.m. Board Members present were Vice
President 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 Christy Stewart.
INVOCATION & PLEDGE OF ALLEGIANCE
Angel Wygant gave the invocation and the Pledge of Allegiance.
COMMENTS ON NON -AGENDA ITEMS
With no citizen participation, President Brininstool 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 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 October 2025 WEDC Treasurer's Report.
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 3-0.
President Brininstool moved to Discussion Items.
DISCUSSION ITEMS
DSl. Discussion regarding the WEDC Board Retreat/Work Session.
Discussion
Staff opened up the discussion for feedback on the recent WEDC Board Retreat/Work Session. The
Board found the tours of Fate, McKinney, and Allen to be productive and informed their vision for
1211712025 Item A.
WEDC — Minutes
November 19, 2025
Page 2 of 3
Cooper Plaza. Staff discussed the 2025 Goals and Objectives, planning for future goals, and the
current WEDC Committees.
DS2. Discussion regarding WEDC Bylaws.
Discussion
Staff noted that the City Council will be amending the ordinance regarding qualifications for Board
and Commission applicants. Mayor Porter provided information on proposed qualifications that are
not currently formally implemented by WEDC, including requiring applicants to be registered
voters and prohibiting applicants who are spouses of city employees. Staff stated that the WEDC
could amend its Bylaws to reflect the same changes if the Board chooses to do so. The Board
directed Staff to prepare the necessary amendment documents for consideration at an upcoming
meeting.
DS3. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking,
Engineering Report, Upcoming Events, and WEDC Activities/Programs.
Discussion
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. Regarding Real Estate, staff noted that
Aktrian Holdings' closing for 25 Steel Road would take place following the meeting. Regarding
BRE, staff discussed the MFG Day/Month activities and the Business Appreciation event. Staff
noted that this year, 250 students and 16 businesses participated in 61 tours. Staff discussed and
confirmed the Board's availability to attend upcoming events. Staff noted a 7.49% increase in sales
tax revenues for November, bringing the year-to-date increase to 7.94%.
EXECUTIVE SESSION
Recessed into Closed Session at 8:00 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, 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-lb, 2022-
lc, 2022-10c, 2023-1c, 2024-5a, 2024-12c, 2025-4a, 2025-4d, 2025-5g, 2025-5h, 2025-8d,
2025-8i, 2025-9b, 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 of'the Executive Session.
1211712025 Item A.
WEDC — Minutes
November 19, 2025
Page 3 of 3
President Brininstool reconvened into Open Session at 9:27 a.m. and then moved to the Regular Agenda
Item.
REGULAR AGENDA
1. Consider and act upon Committee Appointments by the Board.
Discussion
Staff presented this item for the Board's consideration to appoint members to current committees,
have an opportunity to change any committees, or eliminate any committees that are no longer
needed. Staff stated that the current committees include the Budget, Finance & Audit Committee,
New Business Attraction & Recruitment Committee, Strategic Planning Committee, and Staffing
and Compensation Committee. The Board discussed appointing members to the Committee for
Business Retention and Expansion, with Harold Smith and Melisa Whitehead expressing interest.
President Brininstool made the following appointments: Committee Members Demond Dawkins
and Melisa Whitehead were reaffirmed to the Budget, Finance and Audit Committee; Harold Smith
and Melisa Whitehead were appointed to the Business, Retention and Expansion Committee; Blake
Brininstool was reaffirmed and Alan Dayton was appointed to the Committee for New Business
Attraction and Recruitment; Demond Dawkins, Blake Brininstool, and Harold Smith were
reappointed to the Strategic Planning Committee; Harold Smith and Melisa Whitehead were
reaffirmed to the Staffing and Compensation Committee.
Board Action
A motion was made by Harold Smith, seconded by Melisa Whitehead, to accept the Board
President's Committee Appointments. A vote was taken, and the motion passed 3-0.
0111411 aUIVK
There were no Items requested for inclusion on future agendas.
ADJOURNMENT
With no further business, President Brininstool adjourned the WEDC Board meeting at 9:37 a.m.
Blake Brininstool, President
F-,VB &1
Jason Greiner, Executive Director
1211712025 Item B.
Meeting Date: December 17, 2025
Prepared By: Jason Greiner
Wylie Economic Development
Item Number: B
Consider and act upon approval of the November 2025 WEDC Treasurer's Report.
Motion to approve the November 2025 WEDC Treasurer's Report.
Presented for the Board's review and approval is the November 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 September and allocated in November was $479,646.12, an increase of 7.49% over the same
period in 2025. YTD sales tax revenues were up 7.94% for the year.
Gain/(Loss) Sale of Cap Assets
$104,246.04 Sale of 25 Steel Rd (Sales price (less earnest money) $129,416.81; Cost Basis $25,170.77)
Engineering / Architectural
$50,457.00 Kimley Horn & Associates — General Engineering, FM 544 Corridor Master Drain, FM 544 Corridor
Master Plan, FM 544 Gateway Addition
Special Services — Infrastructure
$68,877.00 Tiseo — FM 544 Gateway Project — Pay App 15
$168,760.13 McMahon — Pay App 14
1211712025 Item B.
WYLIEECONOMIC
November
Rev/Exp Report
DEVELOPMENT
Account Summary
For Fiscal: 2025-2026 Period
Ending: 11/30/2025
Variance
Original
Current
Period
Fiscal
Favorable
Percent
Total Budget
Total Budget
Activity
Activity
(Unfavorable)
Remaining
Fund: 111- WYLIE ECONOMIC DEVEL CORP
Revenue
Category: 400 - Taxes
I I.1 4000-4021)
SALES TAX
5,389,434.00
5,389,434.00
0.00
0.00
-5,389,434.00
100.00%
Category: 400 - Taxes Total:
5,389,434.00
5,389,434.00
0.00
0.00
-5,389,434.00
100.00%
Category: 460 - Interest Income
1.1.1-4000 46110
ALLOCATED INTEREST EARNINGS
10,000.00
10,000.00
26,050.47
53,787.25
43,787.25
537.87 %
Category: 460 - Interest Income Total:
10,000.00
10,000.00
26,050.47
53,787.25
43,787.25
437.87%
Category: 480 - Miscellaneous Income
1.1.1-4000 4.1 110
RENTAL INCOME
22,800.00
22,800.00
400.00
3,800.00
-19,000.00
83.33 %
1:1:-4000-43430
GAIN/(LOSS) SALE OF CAP ASSETS
2,898,313.00
2,898,313.00
104,246.04
104,246.04
-2,794,066.96
96.40 %
Category: 480 - Miscellaneous Income Total:
2,921,113.00
2,921,113.00
104,646.04
108,046.04
-2,813,066.96
96.30%
Revenue Total:
8,320,547.00
8,320,547.00
130,696.51
161,833.29
-8,158,713.71
98.06%
Expense
Category: 510 - Personnel Services
11.2 5611 51.110
SALARIES
549,044.03
549,044.03
38,986.65
75,188.53
473,855.50
86.31 %
111-5611-51.140
LONGEVITY PAY
3,089.89
3,089.89
3,088.00
3,088.00
1.89
0.06 %
111 5611 51110
TMRS
89,445.70
89,445.70
6,635.20
12,344.26
77,101.44
86.20 %
111-561.1.- 51410
HOSPITAL & LIFE INSURANCE
90,827.45
90,827.45
5,656.25
8,694.71
82,132.74
90.43 %
1.1.1 5611 1420
LONG-TERM DISABILITY
2,031.46
2,031.46
0.00
84.78
1,946.68
95.83 %
1:11-561.1-5` AA0
FICA
34,232.30
34,232.30
2,478.23
4,642.30
29,590.00
86.44%
1.1.1.-5611-51450
MEDICARE
8,005.94
8,005.94
579.60
1,085.73
6,920.21
86.44%
1:11-561.1-51,4'70
WORKERS COMP PREMIUM
552.13
552.13
0.00
362.72
189.41
34.31 %
1.1.1.-5611-514S3G)514 0
UNEMPLOYMENT COMP (TWC)
702.00
702.00
0.00
0.00
702.00
100.00%
Category: 510 - Personnel Services Total:
777,930.90
777,930.90
57,423.93
105,491.03
672,439.87
86.44%
Category: 520 - Supplies
11.1 5611 0261.0
OFFICE SUPPLIES
5,000.00
5,000.00
258.20
258.20
4,741.80
94.84 %
111-561.1-52040
POSTAGE & FREIGHT
300.00
300.00
0.00
0.00
300.00
100.00%
11 561.1-52810
FOOD SUPPLIES
3,000.00
3,000.00
78.43
78.43
2,921.57
97.39 %
Category: 520 - Supplies Total:
8,300.00
8,300.00
336.63
336.63
7,963.37
95.94%
Category: 540 - Materials for Maintenance
11.,1 5611 ,e 610
FURNITURE & FIXTURES
2,500.00
2,500.00
0.00
0.00
2,500.00
100.00%
1-11-5611-54610
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
0.00
10,150.00
100.00%
Category: 560 - Contractual Services
111.-561,1-56030
INCENTIVES
1,510,000.00
1,510,000.00
0.00
0.00
1,510,000.00
100.00%
1.1.1 5611-56614GS56640
SPECIAL SERVICES
87,270.00
87,270.00
157.50
315.00
86,955.00
99.64 %
111-561.1, 56t341-
SPECIAL SERVICES -REAL ESTATE
221,000.00
221,000.00
1,649.59
1,649.59
219,350.41
99.25 %
1.1.1.-5611-06042
SPECIAL SERVICES-INFRASTRUCTUR
3,200,000.00
3,200,000.00
245,537.13
245,537.13
2,954,462.87
92.33%
11.1-561.1-56080
ADVERTISING
276,125.00
276,125.00
3,494.60
20,744.60
255,380.40
92.49 %
111 5611-56090
COMMUNITY DEVELOPMENT
74,450.00
74,450.00
12,730.58
12,730.58
61,719.42
82.90 %
111 561.1-56110
COMMUNICATIONS
7,900.00
7,900.00
421.41
421.41
7,478.59
94.67 %
1.1.1.-5611-5615G756150
RENTAL
50,000.00
50,000.00
2,250.00
4,500.00
45,500.00
91.00%
1"1a1 5611- 5621056210
TRAVEL & TRAINING
95,500.00
95,500.00
4,233.97
12,105.37
83,394.63
87.32 %
1.1.1-5611-56250
DUES & SUBSCRIPTIONS
91,053.00
91,053.00
13,483.82
34,399.52
56,653.48
62.22 %
1"12-5611-5631.0
INSURANCE
6,800.00
6,800.00
0.00
2,161.16
4,638.84
68.22 %
1.1.1 5611 565 0
AUDIT & LEGAL SERVICES
53,000.00
53,000.00
0.00
0.00
53,000.00
100.00%
11:1-5611„-5 5i°�i°0
ENGINEERING/ARCHITECTURAL
960,300.00
960,300.00
50,457.00
51,707.00
908,593.00
94.62 %
111 5611 -56610
UTILITIES -ELECTRIC
2,400.00
2,400.00
0.00
0.00
2,400.00
100.00%
Category: 560 - Contractual Services Total:
6,635,798.00
6,635,798.00
334,415.60
386,271.36
6,249,526.64
94.18%
12/ .5/2025, 9:05:25 AM Page
1211712025 Item B.
Budget Report
For Fiscal: aoas-2oaa Period Ending: 11/30/�j
Variance
Original
Current
Period
Fiscal
Favorable
Percent
Total Budget
Total Budget
xcuvuv
xcuvuv
(Unfavorable) Remaining
co/rovrv:s7n-nebtsem/cemcan/ta/nen/a,ement
111-5611 57£10 PRINCIPAL PAYMENT
818'019.8s
818'019.8s
67'439.82
134,621.77
683'398.08
83.s4%
Ill -5612-57415 INTEREST EXPENSE
zooszmos
106s2289s
usozosz
17191649
8e3,312*6
usoom
Category: sro-Debt Service aCapital Replacement Total:
1'883'248.80
1'883'248.80
153,269.13
soo'sx:.os
1'5/6,710.*4
83.72w
Category: sno-Capital Outlay
LAND -PURCHASE PRICE
znn
Category: sno-Capital Outlay Total:
1'000'000.00
1'000'000.00
ouo
25,000.00
yrs'mm.00
97.50%
Expense Total:
10'315'427.70
10,315'42/.70
545'445.29
oox.aszzx
9'491'790.42
92.02m
Fund: Ilx-wnuE ECONOMIC ocvcLCORP Surplus (oencx):
'1'994,880./0
-1'994.880.70
-*14,7*8.78
-661'803a9
1'333'076.71
66.82%
Report Surplus (oencu):
-1'994,880.70
-1'994'880.70
-*14?748.78
-nm'ooy.yy
1'333'076.71
66.82%
1245/20259:05�25Am Page
Budget Report
Original Current
Category Total Budget Total Budget
Fund: 111- WYLIE ECONOMIC DEVEL CORP
Revenue
400 - Taxes
5,389,434.00
5,389,434.00
460 - Interest Income
10,000.00
10,000.00
480 - Miscellaneous Income
2,921,113.00
2,921,113.00
Revenue Total:
8,320,547.00
8,320,547.00
Expense
510 - Personnel Services
777,930.90
777,930.90
520 - Supplies
8,300.00
8,300.00
540 - Materials for Maintenance
10,150.00
10,150.00
560 - Contractual Services
6,635,798.00
6,635,798.00
570 - Debt Service & Capital Replacement
1,883,248.80
1,883,248.80
580 - Capital Outlay
1,000,000.00
1,000,000.00
Expense Total:
10,315,427.70
10,315,427.70
Fund: 111- WYLIE ECONOMIC DEVEL CORP Surplus (Deficit):
-1,994,880.70
-1,994,880.70
Report Surplus (Deficit):
-1,994,880.70
-1,994,880.70
1211712025 Item B.
For Fiscal: 2025-2026 PeriodEnding:
Group Summary
Variance
Period
Fiscal
Favorable
Percent
Activity
Activity
(Unfavorable) Remaining
0.00
0.00
-5,389,434.00
100.00%
26,050.47
53,787.25
43,787.25
437.87%
104,6_46.04
108,046.04
-2,813,066.96
96.30%
130,696.51
161,833.29
-8,158,713.71
98.06%
57,423.93
105,491.03
672,439.87
86.44%
336.63
336.63
7,963.37
95.94%
0.00
0.00
10,150.00
100.00%
334,415.60
386,271.36
6,249,526.64
94.18%
153,269.13
306,538.26
1,576,710.54
83.72%
0.00
25,000.00
975,000.00
97.50%
545,445.29
823,637.28
9,491,790.42
92.02%
-414,748.78
-661803.99
1,333,076.71
66.82%
-414,748.78
-661803.99
1,333,076.71
66.82%
1 2/ i fs/2025r 9:05:25 AM
Page 3of4
E
Budget Report
1211712025 Item B.
For Fiscal: 2025-2026 Period Ending: 11/30/�j
Fund Summary
Variance
Original
Current
Period
Fiscal
Favorable
Fund Total Budget
Total Budget
Activity
Activity
(Unfavorable)
Ill - WYLIE ECONOMIC DEVEL CC -1,994,880.70
-1,994,880.70
-414,748.78
-661,803.99
1,333,076.71
Report Surplus (Deficit): -1,994,880.70
-1,994,880.70
-414,748.78
-661,803.99
1,333,076.71
12/15/2025 9:05:25 AM
Paqc 4 cff 4
1211712025 Item B.
Wylie Economic Development Corporation
Statement of Net Position
As of November 30, 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
$ 10,886,915.24
$ 1,109,000.00 Note 1
$ 15,969,005.14
$ 27,964,920.38
$ 84,397.55
$ 84,397.55
$
598,392.56
$
1,200.00 Note 2
$
765,964.07 Note 3
$
20,474,737.55
$ 21,840,294.18
$ (8,542.41)
$ (8,542.41)
$ 6,200,481.34
$ 6,200,481.34
Note 1: Includes incentives in the form of forgivable loans for $34,000 (Glen Echo),
$450,000 (Phoenix Ascending), $200,000 (MLKA and $425,000 (Cates/Lanspring)
Note 2: Deposits from rental property
Note 3: Liabilities due within one year includes compensated absences of $32,301
E
Name
Fund: III - WYLIE ECONOMIC DEVEL CORP
Assets
Miuf aAQ10 CLAIN
Balance
UL] Q_%LiQU1 i
CASH - WEDC - INWOOD
0.00
M10-t0Q 10135
ESCROW
0.00
DEPOSITS
2,000.00
OTHER - MISC CLEARING
0.00
TEXPOOL
0.00
111.1010 10343
LOGIC
0.00
iiL iQQ90_4ii1
INTEREST RECEIVABLE
0.00
111-1000-11511
ACCTS REC - MISC
0.00
ACCTS REC - SALES TAX
0.00
111-1000-12810
LEASE PAYMENTS RECEIVABLE
0,00
M 10CIii 129SC
LOAN PROCEEDS RECEIVABLE
0.00
11.1-1000-12996
LOAN RECEIVABLE
0,00
ACCTS REC - JTM TECH
0.00
111-1000-12998
ACCTS REC - FORGIVEABLE LOANS
1,109,000.00
INVENTORY - MATERIAL/ SUPPLY
0.00
Ill 1,00044116
INVENTORY - LAND & BUILDINGS
15,969,00SA4
111-1000-14' 18
INVENTORY - BAYCO/ SANDEN BLVD
0.00
111-1000-14310
PREPAID EXPENSES - MISC
0.00
111-1000-14410
DEFERRED OUTFLOWS
710,000.00
Total Assets:
28,624,_920.38 28,634,920.38
Liability
111-2000-20110
FEDERAL INCOME TAX PAYABLE
0.00
-111-2909- 20.111.
MEDICARE PAYABLE
0.00
1,11-2000-20112
CHILD SUPPORT PAYABLE
0.00
111-2 00-20113
CREDIT UNION PAYABLE
0.00
111-2000-20114
IRS LEVY PAYABLE
0.00
111-2000-20115
---------------
NATIONWIDE DEFERRED COMP
0.00
111,2000-201,16
HEALTH INSUR PAY -EMPLOYEE
4,060.42
1 - 2.00-0-- 20,117,
TMRS PAYABLE
9,580.42
1,11-2000-201,18
ROTH IRA PAYABLE
0.00
111-2000-20119
WORKERS COMP PAYABLE
0.00
1,11-2000-201,20
FICA PAYABLE
0.00
111-2000-20121
TEC PAYABLE
0.00
111-2000-20122
STUDENT LOAN LEVY PAYABLE
0.00
1-1-1- 2000-2-0123,
ALIMONY PAYABLE
0.00
Ill 2000-20124
BANKRUPTCY PAYABLE
0.00
VALIC DEFERRED COMP
0.00
111-2000-20126
ICMA PAYABLE
0.00
111-2000-2-0-1-27
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
-35.36
111,2000-201,51
ACCRUED WAGES PAYABLE
0.00
111-2000-20180
ADDIT EMPLOYEE INSUR PAY
107.22
111-2000-201,99
MISC PAYROLL PAYABLE
0.00
111-2000- 20201
AP PENDING
0.00
111-2000-20210
ACCOUNTS PAYABLE
3,516A0
111-2000-20530
PROPERTY TAXES PAYABLE
0.00
111-2000-20540
NOTES PAYABLE
710,000.00
111-2000-20610
RETAINAGE PAYABLE
579,844.70
1211712025 Item B.
Balance Sheet
Account Summary
As Of 11/30/2025
12/15/2025 9.04:00 AM
Page I of 3
13
1211712025 Item B.
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
1.112000-20113
CREDIT UNION PAYABLE
0100
111-2000-20114
IRS LEVY PAYABLE
0.00
111 -200020115
NATIONWIDE DEFERRED COMP
0.00
111-2000-20116
HEALTH INSUR PAY -EMPLOYEE
4,060.42
111-2000-201.17
TMRS PAYABLE
9,580.42
111-2000-20118
ROTH IRA PAYABLE
0.00
111-2000,20119
WORKERS COMP PAYABLE
0,00
111-2000-20120
FICA PAYABLE
0.00
1.3.1-2000-20121
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
1.11-2000-20125
VALIC DEFERRED COMP
0.00
111-2000-20126
ICMA PAYABLE
0.00
1.1.1-2000-20127
EMP. LEGAL SERVICES PAYABLE
0.00
111-2000-20130
FLEXIBLE SPENDING ACCOUNT
0.00
1.3.1-2000-20131.
EDWARD JONES DEFERRED COMP
0.00
_111-2000-20132
EMP CARE FLITE
0.00
1.11-2000-20133
Unemployment Comp Payable
-35.36
111-2000-20151
ACCRUED WAGES PAYABLE
0.00
3.1.1-2000-20180
ADDIT EMPLOYEE INSUR PAY
107.22
111-2000-20199
MISC PAYROLL PAYABLE
0.00
1.3.1-2000-20201
AP PENDING
0.00
111-2000-20210
ACCOUNTS PAYABLE
3,516.40
1.11-2000-20530
PROPERTY TAXES PAYABLE
0.00
NOTES PAYABLE
710,000.00
111-2000-20610
RETAINAGE PAYABLE
579,844.70
Balance Sheet
As Of 11/30/2025
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
Ill-.200.0--222-80
DEFERRED INFLOW - LEASE INT
0.00
111-2 00-22915
RENTAL DEPOSITS
1,200.00
Total Liability:
1,308,273.80_
Equity
111-3000- 34110 FUND BALANCE - RESERVED 0.00
111-3000- 34590 FUND BALANCE-UNRESERV/UNDESIG 27,987,131.81
Total Beginning Equity:
Total Revenue 161,833.29
Total Expense 823,637.28
Revenues Over/Under Expenses 461,803.94
Total Equity and Current Surplus (Deficit): 27,325,327.82
Total Liabilities, Equity and Current Surplus (Deficit): 28,633,601.62
*** FUND 111 OUT OF BALANCE *** 1,318.76
***Warning: Account Authorization is turned on. Please run the Unauthorized Account Listing Report to see if you are out of balance due to missing
121/15/2025 9:04:00 AM Page 2 of 3
24
Balance Sheet
1211712025 Item B.
As
Account Name Balance
Fund: 922 - GEN LONG TERM DEBT (WEDC)
Assets
Liability
Total Assets: 0.00 0.00
Total Liability: 6,993,178.75
Total Equity and Current Surplus (Deficit): 0.00
Total Liabilities, Equity and Current Surplus (Deficit): 6,993,178.75
*** FUND 922 OUT OF BALANCE ***-6,993,178.75
***Warning: Account Authorization is turned on. Please run the Unauthorized Account Listing Report to see if you are out of balance due to missing
E
1211712025 Item B.
Wylie Economic Development Corporation
SALES TAX REPORT
November 30, 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
$ 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
$ 479,646.12
$ 33,429.08
7.49%
Sub -Total $ 4,161,281.96 $ 4,611,795.64 $ 4,874,240.18 $ 5,014,687.65 $ 140,447.47 7.94%
Total $ 4,161,281.96 $ 4,611,795.64 $ 4,874,240.18 $ 5,014,687.65 $ 140,447.47 7.94%
WEDC Saps Tax Analysis
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
O
.a
2024
2025
Sales Tax collections typically take 2 months to be reflected as Revenue. SIsTx receipts are then accrued back 2 months.
Example: November SIsTx Revenue is actually September SIsTx and is therefore the 12th allocation in FY25.
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1211712025 Item 1.
WYLIEEDC
Meeting Date: December 1.7, 2025
Prepared By: Jason Greiner
Consider and act upon FY 2025-2026 Budget Amendments.
Wylie Economic Development
Item Number:
Staff recommends that the WEDC Board of Directors approve the FY 2025-2026 Budget Amendments.
Staff will submit the FY 2025-2026 Midyear Budget Amendment for consideration by the City Council in January 2026.
The WEDC amendment detailed below will adjust the budget to account for the Series 2025 Note that was approved by
the WEDC board on 8-20-2025 and ratified by City Council on 8-26-2025. There were two land transactions associated
with the loan, and one of them did not close in FY 24-25. This amendment will allocate the funds to FY 25-26 for land
acquisition.
Expenses
111-5611-58110 Land -Purchase Price
Land Acquisition $ 2,228,180.39
Upon Board review and approval, this Budget Amendment will be presented to the City Council in January 2026.
OR
1211712025 Item 1.
Budget Amendment
WEDC Land Purchase Carryforward
Fund Department Account Number Account Description
111 5611 58110 Land Purchase Price
Total WEDC
Debit Credit Description
228,180.39 Land Acquisition
2,228,180.39 0.00
Exhibit A
El
1211712025 Item DS1.
WYLIEEDC Wylie Economic Development
Board
AGENDA REPORT
Meeting Date: December 1.7, 2025 Item Number: DS1.
Prepared By: Jason Greiner
Discussion regarding ICSC events.
No action is requested by staff for this item.
Staff will lead a discussion about the upcoming ICSC event.
ICSC Las Vegas May 18-20, 2026
Monday, May 18 • Wynn
Professional Development
Keynote Presentation
Opening Reception
Tuesday, May 19 • LVCC
8:00 am — 5:00 pm Exhibit Hall Open
10:00 am — 4:30 pm Sessions
Wednesday, May 20 • LVCC
8:00 am — 3:00 pm • Exhibit Hall Open
10:00 am — 12:00 pm • Sessions
ICSC LAS VEGAS takes place annually in May, and it's a gathering of dealmakers and industry experts who are driving
innovation and evolution in commercial real estate.
For more information, please follow the link: ICSC Las Vegas 2026
1 1211712025 Item DS2.
WYLIEEDC
Meeting Date: December 17, 2025
Prepared By: Jason Greiner
Discussion regarding WEDC Bylaws.
No action is requested by staff for this item.
Staff will lead the Discussion regarding WEDC Bylaws.
Wylie Economic Development
Item Number: DS2
El
1211712025 Item DS3.
WYLIEEDC Wylie Economic Development
Board
AGENDA REPORT
Meeting Date: December 17, 2025 Item Number: DS3
Prepared By: Jason Greiner
Discussion and updates from WEDC Committees.
No action is requested by staff on this item.
Committee members and staff will hold a discussion and provide updates from WEDC Committees.
Current Active Standing Committees of the WEDC:
• Budget, Finance, and Audit Committee (Melisa Whitehead, Demond Dawkins)
• Business Retention and Expansion Committee (Harold Smith, Melisa Whitehead)
• Committee for New Business Attraction and Recruitment (Blake Brininstool, Alan Dayton)
Current Special Committees of the WEDC:
• Strategic Planning Committee (Blake Brininstool, Harold Smith, Demond Dawkins)
• Staffing and Compensation Committee (Harold Smith, Melisa Whitehead)
1211712025 Item DS4.—�
WYLIEEDC Wylie Economic Development
Board
STAFF REPORT
Date: December 1.7, 2025 Item Number: DS4
Prepared By: Jason Greiner
Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, Engineering Report,
Upcoming Events, and WEDC Activities/Programs.
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.
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 5: Lanspring Investments, LLC — Sold: 09-23-25. Anticipated completion date: Mid/Late 2026
• 544 Gateway/Lot 2: SCSD — Current Status: Final Engineering Review. Closing Date: TBD
• 3.66-acre tract/JD & JM Enterprises, L.P. (Dempsey); Closing Date: 12-17-25
• 25 Steel Road/Aktrian Holdings — Sold: I1-19-25
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
• 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
El
1211712025 Item DS4.—�
• WEDC is working with Canary Construction/Vasquez Engineering on Oncor meter NTMWD vault adjustment
coordination. Project should be wrapped up by this week.
• Second walkthrough took place with McMahon; final items are being reviewed.
Flood Study & Drainage Study- Hooper/Steel/Regency Business Park (KH)
• KHA, LJA, City, and WEDC met on 11/25/2025 to discuss drainage design.
• LJA to update design per meeting.
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
• Project on hold.
• 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 City of Wylie confirmed that the updated permit has been received.
• Mastec has advised that they will have a preconstruction meeting this week, with the crew to begin the first week
of January.
SH 78 Sidewalks
• KH to finalize construction plans once receiving approval from WEDC and submit to City for review.
• KH coordinating with North Texas Surveying for easement exhibits.
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:
• No BRE visits were conducted in November.
• Attended Workforce Solutions for North Central Texas (WSNCT) Red, White, and You Veteran Hiring Event.
Visited with organizations focused on placing service members transitioning into civilian careers with local
employers.
• Facilitated meeting between. Wylie ISD CTE department and Mann Made, Inc., a local employer, to discuss
establishing workforce programs to meet the growing need for machinists.
• Supported local employers' efforts to apply for the Incumbent Worker Training Fund program for 2026.
• Researched training programs/providers for a local employer who requested support for ProCore training.
• Met with incoming WSNCT Workforce Development Coordinator to ensure continuity of support for Wylie
businesses.
• Met with Collin College to transition Wylie's pilot program from Leadership Development into a region -wide
program, which will launch in. January 2026.
Additional WEDC Activities/Programs in Review:
• Ongoing efforts toward social media, Discover Wylie, and Social Media Rescue for local businesses.
2
1211712025 Item DS4.—�
• The Services Agreement with Granicus/Simpleview has been executed for Discover Wylie website redesign
services. Project meetings have kicked off, and an on -site immersion experience was planned for December 9th-
1.11h
• 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 participated in the City of Wylie and Wylie EDC day for Leadership Wylie. Deanan Gourmet Popcorn and
Glen Echo Brewing provided on -site tours. (CS)
• Staff attended the Chamber of Commerce Breakfast featuring Wylie Community Christian Care Center.
• Sales tax revenues for December are up 4.64%. This reflects the October sales tax revenue, which is the first
allocation for FY 26.
Upcoming Events:
• Project U — February 17 — Burleson
• ICSC Red River — February 17-18 — San Antonio
• TEDC Winter Conference — February 25-27 — El Paso
Please see the attached Marketing Calendar for the full list of upcoming events.
El
1tt7t7 r� fit; 9r< 3�1� s�{ rsr .r
�'f� rr��f �4 r7j�t r 'it rY� Shirt tir�� rr�r�t 1 t s
r
12/17/2025 Item DS4.—�
Day Time Meeting/Event
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 a
13 Leadership Wylie — City/EDC — cs, ig, rh
13-14 TML EconDev Conference — Bastrop
18 6:00 pm City Council
18 8:00 am Wvlie Chamber Breakfast featuring Wvlie Communitv Christian Care Center
19 7:30 am WEDC- Board Meeting
27-28 CLOSED Thanksgiving Hoida
Day
1-15
Time
Meeting/Event
TEDC Sales Tax Workshop — Virtual — rh
2
4
8:30 am
WDMA Meeting
TEDC Board Retreat —Austin — ig
5
6:00 pm
Chamber Elfin Gala — Boyd Farm, Lavon - ig
5
11:30 am
Wylie ISD CTE Advisory Meeting — aw, cs
8-10
SEDC - Emerging Leaders #YPCON — mb
9
11
6:00 pm
City Council
Leadership Wylie — WISD, Collin College — cs
17
24-26
7:30 am
CLOSED
WEDC- Board Meeting
Christmas Holiday
Day Time Meeting/Event
1
Cl,.OS,E,D
4e Year's Dgy olida
6
8:30 am
WDMA Meeting
13
6:00 pm
City Council
15
Leadership Wylie — Collin County — cs
19
CLOSED
MartinLuther Icing fr. holiday
21
7:30 am
WEDC- Board Meeting
27
6:00 pm
City Council
Around the Corner...
• Broker/Developer Tour & Event: Hidden Lakes — February 12-13 *RSVP Required
• Project U 2026 — Burleson — February 17 *RSVP Required
• 1CSC Red River — San Antonio — February 17-18
• TEDC Winter Conference — El Paso — February 24-26
• Texas Women in Economic Development Conference — Round Rock — March 31-April 1
• 1CSC Las Vegas — May 18-20 *RSVP Required