10-15-2025 (WEDC) Minutes BoardMinutes
Wylie Economic Development Corporation
of Directors Regular Meeting
October 15, 2025 7:30 A.M.
EDC Offices Conference Room
250 S Hwy 7$—WyKe, TX 7509
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.
DC staff present included Executive Director Jason Greiner, Assistant Director Rachael Hennes,
Research Analyst Marissa Butts;and Office Manager Christy Stewart.
EWOCATION& PLEDGE OF C
achael Hennes 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 A
All matters listed under the ConsentAgenda 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 approvalof the Minutes fromthe September 17, 2025 Regular
Meeting of the WEDC BoardDirectors.
B. Consider t upon approval of September 2025 WEDC Treasurer's Report.
C. Considera act upon a Performance Agreement between the WEDC and SCSD-Finneu,
t ®
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.
AGENDAREGULAR
. Consider and act upon issues surrounding the Election of Officers'for the WEDC Boardo
Directors 2 - .
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,be 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 ctio
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.
. Consider a act upon the establishment of a Regularee . ate 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
DC Board Meetings on the third Wednesday of each month at 7:30 a.m.
Board c
-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. ,
. Consider a act upon a ThirdAmendment to the Purchase and Sale Agreement e e e
WEDC and Aktrianof i s,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 tia
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 motionpassed 5-0,
WEDC—Minutes
October 15,2025
Page 3 of 4
ITEMSDISCUSSION
S . Discussion regardingthe Performance Agreement between WEDC and M[LKJ Investments,
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.
S . Discussion regarding fut re WEDC Board Retreats/WorkSessions.
Discussion
Staff reviewed the 2025 Goals & Objectives and discussed overall progress made in F'Y24-25, as
it relates to the VVEDC 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 afull-
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. DELEBERATION REGARDING REAL PROPERTY; CLOSED .
Consider the sale or acquisition f properties locate... atBrown/Eubanks, /Coo er,
FM 544/Sanden, c fOak, Regency/Steel, State Hwy 78/Alanis, State Hwy
78/Birmingham,State Hwy 78/Brown,State 7 ey er,and State Hwy 78/Skyview.
Sec.551.087. DELIBERATION REGARDING ECONOMIC _ NEGOTIATIONS;
CLOSED
S . Deliberation regarding commercial financial information that the WEDC has receive
from usi ss prospect and to discuss the offer of incentives for Projects: 2022-1b,2 2 -
lc, 22-1 c,2 2 - c,2024-5a,2024-12c,2025-4a,2025-4d,2025-8d, 5- i,2025-9b, 2 -
, 25- , 2 - 25-10c,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.
AGENDAFUTURE ITEMS
WEDC—Minutes
October 15,202
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: 1 a.m.
Blake Brininstool,President
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