07-12-2017 (WEDC) Minutes mutes
Wylie Economic Development Corporation
Board of Directors Meeting
Monday, July 12, 2017—6:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78 — Wylie, Texas
CALL TO ORDER
Announce the presence of a Quorum
President Marvin Fuller called the meeting to order at 6:31 a.m. Board Members present were John
Yeager, Todd Wintters, and Bryan Brokaw.
Ex-officio members Mayor Eric Hogue and City Manager Mindy Manson were present.
WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner and
Senior Assistant Angel Wygant.
CITIZEN P TICIPATION
With no citizen participation, President Fuller proceeded to Action Items.
ACTION ITEMS
ITEM NO. 1 — Consider and act upon approval of the June 21, 2017 Minutes of the Wylie
Economic Development Corporation DC) Board of Directors Meeting.
President Fuller reminded the Board that in the last meeting he exercised his authority to take Agenda
Items out of order. The 6-21-17 WEDC Minutes presented in the Board Packet list the items in order of
the Agenda and indicated when an item was taken out of order. President Fuller asked the Board if they
felt this order would be confusing to the public or if the Minutes should reflect the order in which they
were discussed. Staff informed the Board that they had compiled the minutes both ways and believed
the Minutes presented aligned best with Agenda for the meeting. After a brief discussion,it was decided
to approve the minutes as presented.
MOTION: A motion was made by John Yeager and seconded by
Bryan Brokaw to approve the June 21, 2017 Minutes of the Wylie Economic
Development Corporation as amended. The WEDC Board voted 4—FOR and 0—
AGAINST in favor of the motion.
DISCUSSION ITEMS
ITEM NO. 2 —(Remove from Table) Discuss WEDC FY 2017-2018 Preliminary Budget.
WEDC—Minutes
July 12, 2017
Page 2 of 2
MOTION: A motion was made by Bryan Brokaw and seconded by
Todd Wintters to Remove the Item from Table. The WEDC Board voted 4—FOR
and 0—AGAINST in favor of the motion.
Staff reviewed the Preliminary FY 2017-2018 WEDC Budget and the assumptions used to develop this
version. The Board provided direction for changes and/or adjustments to be incorporated into the final
version. The WEDC utilized the same Budget Assumptions used by the City of Wylie including a
conservative 5% sales tax revenue increase. Staff will bring a final version back to the Board for
approval at the July 19, 2017 WEDC Board Meeting.
ITEM NO. 3 — Discussion of issues to be placed on future DC Board Meeting agenda (no
substantial consideration/discussion allowed).
President Fuller explained that he had requested that this item be included on all future agendas to remind
and encourage Board Members to bring any item they feel is relevant and have it placed on the next
agenda for discussion and/or action by the WEDC Board of Directors.
Staff clarified that, as in the past and absent any other policy prohibiting it, any Board Member wishing
to have an issue placed on the agenda can notify staff prior to the posting of the Agenda and staff will
place that item on the Agenda.
ADJOU' NT
With no further business, President Fuller adjourned the WEDC Board meeting at 7:50 a.m.
Marvin Fuller, President
ATTEST:
Samuel Satterwhite, *rector