10-31-2018 (WEDC) Minutes Minutes
Wylie Economic Development Corporation
Board of Directors Meeting
Wednesday, October 31, 2018 —6:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78 —Wylie, Texas
CALL TO 0 ' ER
Announce the presence of a Quorum
President Bryan Brokaw called the meeting to order at 6:31 a.m. Board Members present were
John Yeager, Marvin Fuller, Demond Dawkins and Todd Wintters.
Ex-officio members Mayor Eric Hogue and City Manager Mindy Manson were present along with
Assistant City Manager Chris Hoisted.
WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner,
and Senior Assistant Angel Wygant.
INVOCATION & PLEDGE OF ALLEGIANCE
President Brokaw gave an invocation and led the Pledge of Allegiance.
CITIZEN PARTICIPATION
With no citizen participation, President Brokaw moved to Action Items.
ACTION ITEMS
ITEM NO. 1 —Consider and act upon approval of the October 8,2018 Minutes of the Wylie
Economic Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by Demond Dawkins and seconded by John Yeager to
approve the October 8, 2018 Minutes of the Wylie Economic Development
Corporation. The WEDC Board voted 5 —FOR and 0—AGAINST in favor
of the motion.
ITEM NO. 2 —Consider and act upon approval of the September 2018 WEDC Treasurers
Report.
Staff reviewed the items contained within the Treasurers Report and called the Board's attention
to the 7.75% increase in sales tax received in October with total receipts down 2.97% over FY
2017 - 2018.
MOTION: A motion was made by John Yeager and seconded by Todd Wintters to
approve the September 2018 Treasurer's Report for the Wylie Economic
WEDC—Minutes
October 31, 2018
Page 2 of 3
Development Corporation. The WEDC Board voted 5 — FOR and 0 —
AGAINST in favor of the motion.
DISCUSSION ITEMS
ITEM NO. 3 - Staff report: review issues surrounding WEDC Performance Agreement
Summary, Hotel Occupancy Tax, Environmental Activity Summary, WEDC website,
improvements impacting WEDC property, alley improvements, active project summary,
and regional housing starts.
Staff updated the Board on WEDC projects and activities noting that year-over-year sales tax
receipts for the Woodbridge Crossing shopping center increased 27% and Woodbridge Centre
experienced a 30% increase over the same time period. Housing starts remained strong with
twenty-three new homes permitted in Wylie.
With the addition of a second hotel,Hotel Occupancy Tax receipts to the City of Wylie rose 173%
over last year's receipts.
Mr. Greiner presented the newly launched WEDC website to the Board, reviewing each section
and its contents. Specifically, he discussed the interactive tools incorporated into the website for
site selectors and businesses looking to locate in Wylie. The Board provided feedback and thanked
Mr. Greiner and WEDC staff for their efforts in developing the website.
Staff informed the Board that progress had been made in obtaining a utility easement from 1905
Wylie LLC and anticipated finalizing these easements early in November and moving forward
with installation of the waterline.
Alley improvement projects are moving forward with new utility poles installed off Ballard Street
and GT Construction beginning project work within the next few weeks.
ITEM NO. 4— Discussion of issues to be placed on a future WEDC Board Meeting agenda
(no substantial consideration/discussion allowed).
No Board Member requested any items to be placed on future Agendas.
EXECUTIVE SESSION
Recess into Closed Session at 7:05 a.m. in compliance with Section 551.001, et. seq. Texas
Government Code, to wit:
Section 551.072 (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated
(Open Meetings Act). Consider the sale or acquisition of properties located at:
• State Highway 78 & 5th Street
• Birmingham & 78
• Birmingham & Oak
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October 31, 2018
Page 3 of 3
Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code
Annotated(Open Meetings Act). Deliberation regarding commercial or financial information that
the WEDC has received from a business prospect and to discuss the offer of incentives for:
* Project 201 8-10a
• Project 2018-10b
• Project 2018-10c
' CONVENE INTO OPEN MEETING
The WEDC Board of Directors reconvened into open session at 8:18 a.m. and took no action.
I JOU MENT
With no further business, President Brokaw adjourned the WEDC Board meeting at 8:18 a.m.
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Bryan Bro aw, President
ATTEST:
Samuel Satterwhite,Director