Press Alt + R to read the document text or Alt + P to download or print.
This document contains no pages.
04-17-2019 (WEDC) Agenda Packet • TICE 111 G
ylie Economic Development
CORPORATION
Regular eeting
April 17, 2019—6:30 A.M.
City of Wylie Municipal Complex—Council Conference Room
300 Country Club, Building 100—Wylie, Texas
Bryan Brokaw,.... .. ......... .......m, .,..,.... ,..,..,.. . ,.....,. President
Todd Wintters, Vice President
John Yeager ....... . .. ...... ......... ......... ......... ......... ......... Secretary
Marvin Fuller...... Treasurer
Demond Dawkins Board Member
Mayor Eric Hogue,,... , ....., Ex-Officio Member
Mindy Manson,City Manager Ex-Officio Member
Samuel Satterwhite ...,...,. Executive Director
Jason Greiner..... ...... . .......:: .......:.. ....... ,...... ........: , .............. ..Assistant Director
Angel Wygant.... , . ......, .Senior Assistant
In accordance with Section 551.042 of the Texas Government Code, this agenda has been posted at the Wylie
Municipal Complex, distributed to the appropriate news media, and posted on the City Website: www,i4ylietexas.gay
within the required time frame.
CALL T ' I ER
Announce the presence of a Quorum.
INVOCATION L OF ALLEGIANCE
CITIZEN PARTICIPATION
Residents may address the WEDC Board regarding an item that is or is not listed on the agenda. Residents must
provide their name and address. The WEDC Board requests that comments be limited to three (3) minutes. In
addition, the WEDC Board is not allowed to converse, deliberate or take action on any matter presented during citizen
participation.
ACTION ITEMS
I. Consider and act upon approval of the April 5, 2019 Minutes of the WEDC Board of
Directors Meeting.
II. Consider and act upon approval of the March 2019 WEDC Treasurer's Report.
III. Consider and act upon the disposition of WEDC property located at 111 North Ballard.
DISCUSSION ITEMS
IV. Staff report: review issues surrounding WEDC Performance Agreement Summary,
Professional Plumbers Group, Rocking M office project, Hotel Occupancy Tax,
environmental activity summary, Jackson Street alley project, WEDC Board Appointments,
WEDC—Agenda
April 17, 2019
Page 2 of 3
78/Brown redevelopment update, ICSC RECon 2019, active project summary, and regional
housing starts.
V. Retail market analysis presented by The Retail Coach.
VI. Discussion of issues to be placed on future WEDC Board Meeting agenda (no substantial
consideration/discussion allowed).
EXECUTIVE SESSION
If during the course of the meeting covered by this notice, the Wylie Economic Development
Corporation(WEDC) should determine that a closed or executive meeting or session of the WEDC
Board, or a consultation with the attorney for the City, should be held or is required, 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 WEDC Board
at the date, hour, and place given in this notice as the WEDC 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 sections and purposes:
Texas Government Code Sections:
§551.071 —Private consultation with an attorney for the City.
§551.072—Discussing purchase, exchange, lease or value of real property.
§551.074—Discussing personnel or to hear complaints against personnel.
§551.087—Discussing certain economic development matters.
§551.073 —Discussing prospective gift or donation to the City.
§551.076—Discussing deployment of security personnel or devices or security audit.
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
• State Highway 78 & Ballard
• State Highway 78 & Skyview
• F.M. 544 & Cooper
• State Highway 78 and Alanis
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 2013-3a
• Project 2016-10a
• Project 2018-8b
• Project 2019-2a
• Project 2019-3b
WEDC—Agenda
April 17, 2019
Page 3 of 3
CONVENE INTO OPEN MEETING
Take any action as a result from Executive Session
ADJOU MENT
CERTIFICATION
I cert6) that this Notice of Meeting was posted on this 12th day of April 2019 at 5:00 p.m. as required by law in
accordance with Section 551.042 of the Texas Government Code and that the appropriate news media was contacted.
As a courtesy, this agenda is also posted on the City of Wylie website: www rtylietexas„gov.
Stephanie Storm,City Secretary Date Notice Removed
mutes
Wylie Economic Development Corporation
Board of Directors Meeting
Friday, April 5, 2019—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 6:33 a.m. Board Members present were
Todd Wintters and John Yeager.
Mayor Pro Tern Keith Stephens and Ex-Officio Board Member City Manager Mindy Manson were
present.
WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner,
and Senior Assistant Angel Wygant.
INVOCATION & PLEDGE OF ALLEGIANCE
Board Member Todd Wintters 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 March 20,2019 Minutes of the Wylie
Economic Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by John Yeager and seconded by Todd Winners to
approve the March 20, 2019 Minutes of the Wylie Economic Development
Corporation. The WEDC Board voted 3 —FOR and 0—AGAINST in favor
of the motion.
ITEM NO. 2—Consider and act upon issues surrounding the Election of WEDC Officers.
Board Member Demond Dawkins informed the Board at the March 20, 2019 Board Meeting that
a work-related conflict had arisen associated with his position as Treasurer for the WEDC Board
of Directors. Mr. Dawkins requested that the Board appoint another individual to the Treasurer
role in order to resolve this matter.
WEDC —Minutes
April 5, 2019
Page 2 of 3
As detailed within the WEDC By-laws, the officer duties were presented for the Board's review.
As stated in Section 5.01, any two (2) or more offices may be held by the same person, except the
offices of President and Secretary.
MOTION: A motion was made by Todd Wintters and seconded by John Yeager to
approve a new slate of officers for the remainder of the year ending June 2019
as follows: President - Bryan Brokaw; Vice President - Todd Wintters;
Secretary-John Yeager;Treasurer-Marvin Fuller;Board Member-Demond
Dawkins. The WEDC Board voted 3 — FOR and 0 — AGAINST in favor of
the motion.
DISCUSSION ITEMS
ITEM NO.3-Staff report: review issues surrounding 78/Brown redevelopment project,and
Cross Development Performance Agreement.
Staff provided an update on the North Texas Municipal Water District and Collin County property,
informed the Board that the two Swayze properties were under contract and asbestos remediation
on the nursing home will be completed by the end of the day on 4-2-19. Demolition of the property
began on 4-3-19. Following demolition, Intercon will take down the 'muffler shop' on Marble
Street.
Staff reminded the Board that on February 20, 2019 staff presented a request from Cross
Development for a 90-day extension to the deadlines associated with performance measures as per
Agreements between Cross,the City of Wylie,and the WEDC. The extension was being requested
due to significant rains in Q4 of 2018 which greatly impacted construction. At that time,the Board
indicated that their preference would be to wait until closer to the September 1, 2020 deadlines to
consider extending the deadlines so that any further delay could be considered at the same time.
Cross representatives understood the Board's position but asked that staff take the request back to
the Board for consideration, even if it was acknowledged by all parties in a potential Amendment
that no further consideration would be given to any additional request for an extension.
The Board indicated that since the project is still 17 months from the original deadline and it was
possible, even likely that additional weather-related delays would occur,their preference was still
to wait until closer to the September 2020 deadline to grant an extension. However, if Cross
preferred, the Board would consider an extension which would eliminate the possibility for future
extensions. Staff will bring this issue back to the Board at a future meeting for action.
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.
President Bryan Brokaw recessed into Executive Session.
WEDC—Minutes
April 5, 2019
Page 3 of 3
EXECUTIVE SESSION
Recess into Closed Session at 6:48 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
• State Highway 78 & Spring Creek
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:
41 Project 2013-3a
• Project 2017-6a
• Project 2018-8b
• Project 2019-4a
Todd Wintters left the meeting at 7:08 a.m.
RECONVENE INTO OPEN MEETING
Take any action as a result from Executive Session
The WEDC Board of Directors reconvened into open session at 7:32 a.m. and took no action.
ADJOU' MENT
With no further business, President Brokaw adjourned the WEDC Board meeting at 7:32 a.m.
Bryan Brokaw, President
ATTEST:
Samuel Satterwhite, Director
• _
ylie cono is evelop ent Cor i oration
E ORA DU
TO: Samuel Satterwhite, Executive Direct°.
FROM: Angel Wygant, Senior Assistant
SUBJECT: March 2019 Treasurer's Report
DATE: April 9, 2019
Issue
Consider and act upon approval of the March 2019 WEDC Treasurer's Report.
Analysis
Sales Tax Receipts continue to climb with $182,500 received in April representing a 11.6%
increase over 2018 receipts.
From the Balance Sheet,page 1:
Deposits - $2,000. This amount reflects a $2,000 deposit paid to Wylie Industrial Court for the
current location of the WEDC office.
Accounts Rec — Forgivable Loans - $140,000. This figure represents the loan made to Exco
Extrusion Dies in the amount of$350,000. The first 3 loan payments were forgiven on February
24th of 2017, 2018 and 2019 respectively and in accordance with the terms of the Performance
Agreement. Assuming Exco remains in compliance, the remaining 2 loan payments will be
forgiven in equal amounts of$70,000 on an annual basis effective February 24th.
Deferred Outflows - $551,988.87. This is the total of incentive payments which are due in the
future. A breakdown of these charges includes: Exco Extrusion Dies — $20,000, DCU -
$31,988.80, DANK Real Estate - $83,000, Cross Development - $250,000, SCSD-Finnell -
$75,000 Carrie Elle - $2,500, Rocking M - $89,500. Professional Plumbers Group incentive of
$26,000 was not booked in March and therefore not reflected in the March financials.
Balance Sheet,page 2:
Deferred Inflow- $78,000. This figure represents the Exco Extrusion Dies forgivable loan which
will be reduced by $39,000 annually over a 5-year period. The annual $39,000 amount
represents one fifth of the $195,000 gain that would have occurred if the loan forgiveness were
not in place ($350,000 - $155,000 = $195,000). The first three payments of $39,000 were
forgiven on February 2th of 2017, 2018 and 2019 respectively, two payments remaining.
WEDC March 2019 Treasurers Report
April 9, 2019
Page 2 of 2
Revenue and Expense Report,page 2:
Rental Income — $10,670. Austin Said - $3,000, Wheels Unlimited - $1,435, Richmond
Hydromulch - $500, Helical Concepts - $400, Trimark - $1,035, Wylie Northeast - $1,000, 504
E. Brown(2 months) - $1,200, 502 E. Brown- $900, 410 E. Brown- $1,200.
Revenue and Expense Report,page 3:
Food Supplies - $52.65. WEDC Board Meeting Meals.
Incentives - $86,452.35. Parkarosa - 1 of 1 ($4,469), Taylor & Son — 1 of 1 ($3,200),
Woodbridge Crossing Sales Tax Reimbursement($78,783.35).
Special Services — $16,907.67. Property Management/Repairs — Brown ($9,254.96), Mowing
($592), Janitorial Svc ($157.50), Qrtly Pest Control ($95), South Ballard Survey ($400),
Environmental - Kirby($7,082.71), 544 Eubanks Waterline Credit (- $674.50).
Advertising - $1,595. In& Around($1,595).
Community Development - $1,121.80. Chamber Luncheon ($15), Sachse Chamber Sponsor
($400), Wylie Chamber— Young Professionals Sponsor ($150.80), Wylie Education Foundation
Sponsor($360), Wylie Days—Promotional Items ($196).
Travel & Training — $8,289.89. Wylie Days - Satterwhite ($968.96), Wylie Days Legislative
Materials ($622), Wylie Days—Greiner($308.75), Wylie Days—Hotel—Fuller($285.41), Wylie
Days —Hotel - Brokaw ($521.02), Wylie Days Legislative Dinner ($4,475.28), IEDC Cert. Book
($69.08), TEDC Winter Conference—Greiner($616.81), Bus. Mtg/Project Updates ($422.58).
Dues & Subscriptions - $1,154.76. Club Corp —February ($776.97), Online Presentation Tool—
($127.79), SEDC Membership ($250).
Audit & Legal - $4,215. Atty Fees: Environmental Review($4,095), Weatherford ($120).
Land - $171,087.04. Purchases: 701 S. Ballard ($166,087.04), Earnest 204 & 208 N. 2nd
($5,000).
Streets & Alleys - $1,250.27. FM 544 Waterline.
Recommendation
Staff recommends that the WEDC Board of Directors approve the March 2018 Treasurer's
Report.
Attachments
March 2018 Treasurer's Report
Wylie Economic Development Corporation
Statement of Net Position
As of March 31,2019
Assets
Cash and cash equivalents $ 1,014,669.51
Receivables $ 140,000.00 Note 1
Inventories $ 11,144,192.58
Prepaid Items $
Total Assets $ 12,298,862.09
Deferred Outflows of Resources
Pensions $ 101,121.55
Total deferred outflows of resources $ 101,121.55
Liabilities
Accounts Payable and other current liabilities $ 9,643.72
Unearned Revenue $ 82,200.00 Note 2
Non current liabilities:
Due within one year $ 195,371.72 Note 3
Due in more than one year $ 5,801,918.49 Note 4
Total Liabilities $ 6,089,133.93
Deferred Inflows of Resources
Pensions $ (30,407.41)
Total deferred inflows of resources $ (30,407.41)
Net Position
Net investment in capital assets $
Unrestricted $ 6,341,257.12
Total Net Position $ 6,341,257.12
Note 1: Includes incentives in the form of forgivable loans for$140,000
Note 2: Exco amortization;deposits from rental property
Note 3: Liabilities due within one year includes compensated absences of$14,237
Note 4: Includes$3,061,351.93 draw-down of the approved$4,500,000 loan from
American National Bank as of March 31,2019
4-11-2019 08:51 AM CITY OF WYLIE PAGE, 1
BALANCE SHEET
AS OF: MARCH 31ST, 2019
111-WYLIE ECONOMIC DEVEL CORP
ACCOUNT# TITLE
ASSETS
1000-10110 CLAIM ON CASH AND CASH EQUIV. 1,012,669.51
1000-10115 CASH - WEDC - INWOOD 0.00
1000-10135 ESCROW 0.00
1000-10180 DEPOSITS 2,000.00
1000-10198 OTHER - MISC CLEARING 0.00
1000-10341 TEXPOOL 0.00
1000-10343 LOGIC 0.00
1000-10481 INTEREST RECEIVABLE 0,00
1000-11511 ACCTS REC - MISC 0.00
1000-11517 ACCTS REC - SALES TAX 0.00
1000-12810 LEASE PAYMENTS RECEIVABLE 0.00
1000-12950 LOAN PROCEEDS RECEIVABLE 0,00
1000-12996 LOAN RECEIVABLE 0.00
1000-12997 ACCTS REC - JTM TECH 0.00
1000-12998 ACCTS REC - FORGIVEABLE LOANS 140,000.00
1000-14112 INVENTORY - MATERIAL/ SUPPLY 0.00
1000-14116 INVENTORY - LAND & BUILDINGS 11,144,192.58
1000-14118 INVENTORY - BAYCO/ SANDEN BLVD 0.00
1000-11310 PREPAID EXPENSES - MISC 0.00
1000-14410 DEFERRED OUTFLOWS 551,988.87
12,850,850.96
TOTAL ASSETS 12,850,850.96
LIABILITIES
2000-20110 FEDERAL INCOME TAX PAYABLE 0.00
2000-20111 MEDICARE PAYABLE 0.00
2000-20112 CHILD SUPPORT PAYABLE 0.00
2000-20113 CREDIT UNION PAYABLE 0.00
2000-20114 IRS LEVY PAYABLE 0.00
2000-20115 NATIONWIDE DEFERRED COMP 0.00
2000-20116 HEALTH INSUR PAY-EMPLOYEE 0.42
2000-20117 TMRS PAYABLE 0.00
2000-20118 ROTH IRA PAYABLE 0.00
2000-20119 WORKERS COMP PAYABLE 0.00
2000-20120 FICA PAYABLE 0.00
2000-20121 TEC PAYABLE 0.00
2000-20122 STUDENT LOAN LEVY PAYABLE 0,00
2000-20123 ALIMONY PAYABLE 0.00
2000-20124 BANKRUPTCY PAYABLE 0.00
2000-20125 VALIC DEFERRED COMP 0.00
2000-20126 ICMA PAYABLE 0.00
2000-20127 EMP. LEGAL SERVICES PAYABLE 0.00
2000-20130 FLEXIBLE SPENDING ACCOUNT 1,674.96
2000-20131 EDWARD JONES DEFERRED COMP 0.00
2000-20132 EMP CARE ELITE 12.00
2000-20151 ACCRUED WAGES PAYABLE 0,00
2000-20180 ADDIT EMPLOYEE INSUR PAY 19.58
2000-20199 MISC PAYROLL PAYABLE 0.00
4-11-2019 0851 AM CITY OF WYLIE PAGE: 2
BALANCE SHEET
AS OF: MARCH 31ST, 2019
111-WYLIE ECONOMIC DEVEL CORP
ACCOUNT# TITLE
2000-20201 APPENDING 7,936.76
2000-20210 ACCOUNTS PAYABLE 0.00
2000-20530 PROPERTY TAXES PAYABLE 0.00
2000-20540 NOTES PAYABLE 551,988,87
2000-20810 DUE TO GENERAL FUND 0.00
2000-22270 DEFERRED INFLOW 78,000.00
2000-22275 DEF INFLOW - LEASE PRINCIPAL 0.00
2000-22280 DEFERRED INFLOW - LEASE INT 0.00
2000-22915 RENTAL DEPOSITS 4,200.00
TOTAL LIABILITIES ................� 643,832.59
EQUITY
3000-34110 FUND BALANCE - RESERVED 0.00
3000-34590 FUND BALANCE-UNRESERV/UNDESIG 9,729,021.76
TOTAL BEGINNING EQUITY 9,729,021.76
TOTAL REVENUE 4,038,266.30
TOTAL EXPENSES 1,560,269.69
REVENUE OVER/(UNDER) EXPENSES 2,477,996,61
TOTAL EQUITY & OVER/(UNDER) 12,207,018.37
TOTAL LIABILITIES, EQUITY & OVER/(UNDER) 12,850,850.96
4-11-2019 08:51 AM CITY OF WYLIE PAGE: 1
BALANCE SHEET
AS OF: MARCH 31ST, 2019
922-GEN LONG TERM DEBT (WEDC)
ACCOUNT# TITLE
ASSETS
1000-10312 GOVERNMENT NOTES 0.00
1000-18110 LOAN - WEDC 0.00
1000-18120 LOAN - BIRMINGHAM 0.00
1000-18210 AMOUNT TO BE PROVIDED 0.00
1000-18220 BIRMINGHAM LOAN 0.00
1000-19050 DEF OUTFLOW TMRS CONTRIBUTIONS 35,543.29
1000-19051 DEF OUTFLOW SDBF CONTRIBUTIONS 543.00
1000-19075 DEF OUTFLOW - INVESTMENT EXP 0.48
1000-19100 DEF OUTFLOW - ACT EXP/ASSUMP 65,034.78
1000-19125 (GAIN)/LOSS ON ASSUMPTION CHG( 30,407.41)
70,714.14
TOTAL ASSETS 70,714,14
I,IABII,STIES
2000-20310 COMPENSATED ABSENCES PAYABLE 81,193.87
2000-2031.1. COMP ABSENCES PAYABLE-CURRENT 1.4,237.00
2000-21410 ACCRUED INTEREST PAYABLE 3,991.77
2000-28205 WEDC LOANS/CURRENT 177,142.95
2000-28220 BIRMINGHAM LOAN 000:
2000-28230 INWOOD LOAN 0.00t
2000-28232 ANB LOAN/EDGE 0,00:
2000-28233 AND LOAN/PEDDICORD WHITE 0,00
2000-28234 ANB LOAN/RANDACK HUGHES 0.00
2000-28235 AND LOAN 0,00
2000-28236 ANB CONSTRUCTION LOAN 0,117
2000-28237 ANB LOAN/ WOODBRIDGE PARKWAY 251,320,68
2000-28238 ANB LOAN/BUCHANAN 0,00'
2000-28239 ANB LOAN/JONES:HOBART PAYOFF 0,00'.
2000-28240 HUGHES LOAN 0.00'
2000-28242 AND LOAN/HWY 78:5TH ST REDEV 3,061,351,93
2000-28245 ANB LOAN/DALLAS WHIRLPOOL 2,000,000„00'
2000-28247 JARRARD LOAN 230,437 84
2000-28250 CITY OF WYLIE LOAN 0,00
2000-28260 PRIME NUTS LOAN 0.00
2000-28270 BOWLAND/ANDERSON LOAN 0,00
2000-28280 CAPITAL ONE CAZAD LOAN 0.00.
2000-28290 HOBART/COMMERCE LOAN 0.00
2000-291.50 NET PENSION LIABILITY 1.71,108.17
2000-29151 SDBF LIABILITY 6,506.00
TOTAL LIABILITIES 5,997,290.21
4-11-2019 08:51 AM CITY OF WYLIE PAGE: 2
BALANCE SHEET
AS OF: MARCH 31ST, 2019
922-GEN LONG TERM DEBT (WEDC)
ACCOUNTN TITLE
EQUITY
3000-34590 FUND BALANCE-UNRESERV/UNDESIG( 3,412,605,24)
3000-35900 UNRESTRICTED NET POSITION ( 120,264.00)
TOTAL BEGINNING EQUITY ( 3,532,869 24)
TOTAL REVENUE ( 3,061,351.93!
TOTAL EXPENSES ( 667,645,10)
REVENUE OVER/(UNDER) EXPENSES ( 2,393,706,83)
TOTAL EQUITY & OVER/(UNDER) ( 5,926,576.07)
TOTAL LIABILITIES, EQUITY & OVER/(UNDER) 70,714.14
4-11-2019 08:53 AM CITY OF WYLIE PAGE: 1
REVENUE AND EXPENSE REPORT - (UNAUDITED)
AS OF: MARCH 31ST, 2019
111-WYLIE ECONOMIC DEVEL CORP
FINANCIAL SUMMARY
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET ,k OF
BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET
REVENUE SUMMARY
TAXES 2,600,000.00 208,222.32 0.00 954,205.74 0.00 1,645,794.26 36.70
INTERGOVERNMENTAL REV. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
INTEREST INCOME 3,600.00 700.22 0.00 5,844.33 0.00 ( 2,244.33) 162.34
MISCELLANEOUS INCOME 1,675,166.00 10,670.00 0.00 16,664.30 0.00 1,656,301.70 1.01
OTHER FINANCING SOURCES 4,500,000.00 0.00 0.00 3,061,351.93 0.00 1,438,648.07 68203
TOTAL REVENUES 8,778,766.00 219,592.54 0.00 4,038,266.30 0,00 4,740,499.70 46.00
EXPENDITURE SUMMARY
DEVELOPMENT CORP-WEDC 9,871,731.13 221,702.31 0.00 1,560,269.69 7,559.15 8,303,902.29 15.68
TOTAL EXPENDITURES 9,871,731.13 221,702.31 0.00 1,560,269.69 7,559.15 8,303,902.29 15.88
REVENUE OVER/(UNDER) EXPENDITURES ( 1,092,965.13) ( 2,109.77) 0.00 2,477,996.61 ( 7,559.15) ( 3,563,402.59) 226.03-
4-11-2019 on.m xm czr, OF wxLzo raco 2
aEvomvo AND o,romSo oorox` /vwavozroo,
AS OF. aapcn ,z:r' co^y
ui-vxLzm oocwm°zc oovoL come
movEmnEo
rnmpomr CURRENT rrzon YEAR ,'r-o x-,-o avcGor or
avm`or poazoo m ^0000c. ^cTv^L owcomnmmcn a^^^wco ovnoor
4000-40150 usv IN /Ezv or ,^xos o�uo o�un o�oo o�on o�nn 0.00 0,00
4000-40210 m*ou nm =zv � 0-00 5�74 ~-1�--2q
ro,^c `x,os z.ovv'vnv oo aoo'occ�sr n�nn 954.205�74 n�nn 1'645'794.26 - so.m
INTERGOVERNMENTAL REV.
4000-43518 380 onomnmzc u:noomomTS 0.00 _ 0�00 .. _- «�n» ~ «�ou «.«« _ _ »^«g _0�00
roraL Imroaxnvommmomr^L REV. 0,00 o vn 0.00 n vo 0.00 0.00 0,00
INTFRonr zmcu°E
4000'46050 comrzrzcnrE OF ooroxzT 0.00 o�oo n�on 0.00 0.00 v�oo n�nv
4000-46110 aLLocaroo zmruuuxr oARmmor s.sno�ou ,nu zc 0,00 5'844 n o.o" / x'c««�ss/ 162.34
4000-46140 TExcooL zmroposr 0.00 n�oo n�no u�oo 0.00 0.00 0.00
4000'46143 Lnozc zmrouoSz v�ov o uo 0.00 0.00 0.00 0,00 0.00
vnvu'«azso zmTomovr oAaxmco 0.00 o�oo o�on u�oo o^ou 0.00 0,00
4000'46160 LOAN mue^zmuwz (rmzvozruL` 0.00 o�ov n�ov v,o^ o-oo 0.00 0,00
4000 «oz/o eawu momox xAaxur zmrouuxr 0.02 O�00 0�00 _0�00 ~ __. 0.0111 _ 0.0o! _-0.00
_-___ !
TOTAL zwcmpour zwoomo s'svv.ov 700�22 0.00 5'844,33 u�on 2'244.33> 162,34
MISCELLANEOUS INCOME
4000-4e110 vowrxL zwcmpu 122'440�00 10'm0 nv 0,00 49'523,36 n on 72^916.64 ^n,«s
«noo-«aszv uocnvoox ,nzou YEAR mxpom 0.00 o�on 0.00 u�oo 0,00 o�no 0.00
4000-48410 mz,noLLamoovS zwcomE n�vu 0,00 0,00 0,00 0,00 0,00 0,00
^nnn ooxso uxzw/(mon� onLo or cxp x u�oo 0�10 [ 32^659�06) 0,00 l,535,3 85,0 6 _2,10
r^r^^ w/nco^J�x*ouoo zmcomm --1,675,166�00 =--10�6�7n,00 0,00 16'664 xu 0.00 1'658'301.70 /�o/
Oruou rzw^mczvs np«ncES
4000-49160 rnumorEu FROM GoaoaxL rvmo 0.00 0,00 o�oo o�un 0,00 o�oo n�nn
40e0-49325 aawx mnrm pxocounS o.nno'noo�vo u^nn 0.00 3'061'351 ys o^oo 1'438'648.0� 68,03
4000-49550 ^oxoE cnzmczruL Pu,momru (o 0.00 v'on 0.00 0.00 0.00 0,00 0,00
4000 «s000 zwnon^woo woco"onzux 8�00 0.00 . 0,00 0.00 0.00 - 0.00 0,00
ro`^L ncuop mmuwczmG aovauoo 4'500'000.00 o�on o�no 3'061'351,93 0,00 1'438'648�0�1 68,03
.
ror^L mmomvou u'`'o'r~o.uo 219.592�54 o�oo 4^038'266�30 o�vo *'740'499�70 46.00
4-11-2019 08:5:3 AM CITY OF WYLIE PAGE.- 3
REVENUE AND EXPENSE REPORT - (UNAUDITED)
AS OF: MARCH 31ST, 2019
111-WYLIE ECONOMIC DEVEL CORP
DEVELOPMENT CORP-WEDC
DEPARTMENTAL EXPENDITURES
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET ?; OF
BUDGET PERIOD PO ADJUST, ACTUAL ENCUMBRANCE BALANCE BUDGET
PERSONNEL SERVICES
5611-51110 SALARIES 290,180.00 34,105.56 0.00 141,993.55 0.00 148,186.45 48.93
5611-51130 OVERTIME 0.00 0.00 0.00 0.00 0,00 0.00 0.00
561.1-51140 LONGEVITY PAY 1,452.63 0.00 0.00 1,444.00 0,00 8.63 99.41
5611-51145 SICK LEAVE BUYBACK 0.00 0.00 0.00 0.00 0.013 0.00 0.00
5611-51160 CERTIFICATION INCENTIVE 0.00 0.00 0.00 0.00 0.00 0.00 0.00
561.1-51170 PARAMEDIC INCENTIVE 0.00 0.00 0.00 0.00 D.00 0.00 0.00
5611-51210 CAR ALLOWANCE 12,600.00 1,453.89 0.00 6,057.87 0,00 6,542.13 48.08
5611-51220 PHONE ALLOWANCE 4,656.00 0.00 0.00 2,328.00 0.00 2,328.00 50.00
5611-51.230 CLOTHING ALLOWANCE 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51260 MOVING ALLOWANCE 0.00 0.00 0.00 0.00 0„00 0.00 0.00
5611-51310 'TARS 45,879.00 5,420.57 0.00 22,660.29 0.00 23,218.71 49.39
5611-51410 HOSPITAL S LIFE INSURANCE 41,277.00 3,420.03 0.00 20,044.17 0.01) 21,232.83 48.56
561.1-51415 EXECUTIVE HEALTH PLAN 0.00 0.00 0.00 0.00 0„00 0.00 0.00
5611-51420 LONG-TERM DISABILITY 1,655.00 86.85 0.00 596.31 0.00 1,058.69 36.03
5611-51440 FICA 18,863.00 2,145.39 0.00 6,659.98 0,130 12,203.02 35.31
5611-51450 MEDICARE 4,412.00 501.75 0.00 2,075.94 0.00 2,336.06 47.05
5611-51470 WORKERS COMP PREMIUM 396.00 0.00 0.00 302.39 0.00 93.61 76.36
5611-51480 UNEMPLOYMENT COMP (TWC) 810.00 0.00 O.OD 0.00 O.00 810.00 0.00
TOTAL PERSONNEL SERVICES 422,180.63 47,134.04 0.00 204,162.50 0.00 218,018.13 48.36
SUPPLIES
5611-52010 OFFICE SUPPLIES 6,000.00 0,.00 0.00 1,459.21 0.00 4,540.79 24.32
5611-52040 POSTAGE & FREIGHT 890.00 000 000 11.95 0.00 878.05 1.34
5611-52130 TOOLS/ EQUIP (NON-CAPITAL) 0.00 0...00 0.00 0.00 0.00 0.00 0.00
5611-52810 FOOD SUPPLIES 2,150.00 52.65 0.00 867.70 0.00 1,282.30 40.36
5611-52990 OTHER 0.00 0,00 0,00 0.00 0,,00 0.00 0.00
TOTAL SUPPLIES ..,�.., ,,......m.,.. ,m.... ,„,_ ,-,,.- .- -., m......m..-... ,,.m,� .m,.,,.---.m....�....-s....-a..-_ .�-_- ...,,.. .-....
040.00 52.65 0.00 2,338.86 0.00 6,701.14 25.87
MATERIALS FOR MAINTENANC
5611-54630 TOOLS & EQUIPMENT 0,00 (73:00 0.00 0.00 0.00 0.00 0.00
5611-54810 COMPUTER HARD/SOFTWARE 2,000.00 0.00 0.00 2,412.50 0.00 ( 412.50) 120.63
5611-54990 OTHER 5,.000.00 C..OD 0.00. 0.00 0.00 5.,:000.00 0.00
s.Y.w
TOTAL MATERIALS FOR MAINTENANC 7,000.00 0.00 0.00 2,412.50 0.00 4,587.50 34.46
CONTRACTUAL SERVICES
5611-56030 INCENTIVES 1,122,100.50 86,452.35 0.00 193,931.46 0.00 928,169.04 17.28
5611-56040 SPECIAL SERVICES 633,900.00 16,907.67 0.00 102,214.78 7,559.15 524,126.07 17.32
5611-56080 ADVERTISING 127,000.00 1,595.00 0,400 19,700.00 0.00 107,300.00 15.51
5&11-56090 COMMUNITY DEVELOPMENT 68,100.00 1,121.80 0.00 25,391.05 0.00 42,708.95 37.28
5611-5611.0 COMMUNICATIONS 9,628.00 466.04 0,00 3,044.81 0.00 6,583.19 31.62
5611-56180 RENTAL 29,328.00 2,444.00 0,.00 16,720.00 0.00 12,608.00 57.01
561.1-56210 TRAVEL & TRAINING 55,425.00 8,289.89 0.00 14,374.91 0.00 41,050.09 25.94
5611-56250 DUES & SUBSCRIPTIONS 30,610.00 1,154.76 0.00 12,631.74 0.00 17,978.26 41,27
5611-56310 INSURANCE 4,310.00 0.00 0,.01 4,004.71 0.00 305.29 92.92
5611-56510 AUDIT & LEGAL SERVICES 39,000.00 4,215.00 0,00 24,334.50 0.00 14,665.50 62.40
5611-56570 ENGINEERING/ARCHITECTURAL 30,000.00 0.00 0.00 5,349.99 0.00 24,650.01 17.83
567.:1-56610 UTILITIES-ELECTRIC 2,9,00.00 0.00 O.00 1,849.61 0.00 550 39 77.07.
TOTAL CONTRACTUAL SERVICES 2,151,801.50 122,646.51 0.00 423,547.56 7,559.15 1,720,694.79 20.03
4-11-2019 08:53 AM CITY OF WYLIE PAGE: 4
REVENUE AND EXPENSE REPORT - (UNAUDITED)
AS OF: MARCH 31ST, 2019
111-WYLIE ECONOMIC DEVEL CORP
DEVELOPMENT CORP-WEDC
DEPARTMENTAL EXPENDITURES
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF
BUDGET PERIOD DO ADJUST, ACTUAL ENCUMBRANCE BALANCE BUDGET
DEBT SERVICE & CAP. REPT
5611-57110 DEBT SERVICE 0.00 0.00 0,00 0.00 0.00 0.00 0.00
5611-57410 PRINCIPAL PAYMENT 1,628,051,00 30,504.70 0,00 669,354,79 0.00 958,696.21 41,11
5611-57415 INTEREST EXPENSE 343,898.00 21,514.14 0,00 86,756,66 0.00 257,141.34 25.23
5611-57710 BAD DEBT EXPENSE 0.00 0.00 0.00 0.00 0.00 0.00 0,60
__-_-
TOTAL DEBT SERVICE & CAP, REPL 1,971,949.00 52,019.84 0.00 756,111.45 0,00 1,215,837,55 38.34
CAPITAL OUTLAY
------------
5611-58110 LAND-PURCHASE ['RILE 9,800,000.00 171,087.04 0.00 3,339,564.58 0.00 1,460,435.42 69.57
5611-58120 DEVELOPMENT FEES 0.00 0.00 0,00 0.00 0.00 0.00 0.00
5611-58150 LAND-BETTERMENTS 0.00 0.00 0,00 0.00 0.00 0.00 0.00
5611-58210 STREETS & ALLEYS 507,760.00 1,250.27 0,00 166,696,82 0.00 391,063.18 32.93
5611-58410 SANITARY SEWER 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-58810 COMPUTER HARD/SOFTWARE 1,000.00 0.00 0.00 0.00 0.00 1,000.00 0.00
5611-58830 FURNITURE & FIXTURES 1,000.00 0,00 0,00 0.00 0.00 1,000.00 0.00
5611-58910 BUILDINGS 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-58995 CONTRA CAPITAL OUTLAY 0.00 ( 172,487.04) 0,00 ( 3,334,564.58) 0.00 3,334,564.58 0.00
TOTAL CAPITAL OUTLAY 5,309,760.00 ( 149.73) 0.00 171,696.82 0.00 5,138,063.18 3.23
OTHER FINANCING (uqTs),
5611-59111 TRANSFER TO GENERAL FUND 0.00 0.00 0.00 0.00 0.00 0,00 0.00
5611-59190 TRANSFER TO THORUGHFARE IMP 0.00 0.00 0,00 0,00 0.00 0,00 0.00
5611-59430 TRANSFER TO CAPITAL PROD EU 0.00 0.00 0,00 0.00 0.00 0,00 0,00
5611-59990 PROJECT ACCOUNTING 0.00
0 00
,..,. 0.00 0.00 0,00 0.00 0,00
TOTAL OTHER FINANCING (USES) 0,00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL DEVELOPMENT CORP-WEDC 9,871,731.13 221,702,31 0.00 1,560,269.69 7,559.15 8,303,902.29 15.88
-_ ----___ -
TOTAL EXPENDITURES 9,871,731.13 221,702.31 0.00 1,560,269.69 7,559.15 9,303,902.29 15.88
REVENUE OVER (UNDER) EXPENDITURES ( 1,092,965.13) ( 2,109.77) 0.00 2,477,996.61 ( 7,559.15) ( 3,563,902.59) 226.03-
*** END OF REPORT *"
4-11-20:19 8:58 AM DETAIL LISTING PAGE:
FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2019 THRU Mar-2019
DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910
POST DATE, TRAM # REFERENCE PACKET------DESCRIPTION VEND INV/JE # NOTE ----------:AMOUNT==== == =BALANCE====
5611-52010 OFFICE SUPPLIES
BEGINNING BALANCE 1,459.21
5611-52040 POSTAGE & FREIGHT
BEGINNING BALANCE 11.95
5611-52130 TOOLS/ EQUIP (NON-CAPITAL)
BEGINNING BALANCE 0.00
5611-52160 TOOLS/ EQUIP - $100-$999.99
BEGINNING BALANCE 0.00
.5611-52810 FOOD SUPPLIES
BEGINNING BALANCE 815.05
3/18/19 3/18 A39244 OFT: 000794 08472 WEDC BBB MTG MEAL 000912 8277 MAR19 WYGANT 52.65 867.70
MARCH ACTIVITY DB: 52.65 CR: 0.00 52.65
5611-52990 OTHER
BEGINNING BALANCE O.00
5611-54630 TOOLS & EQUIPMENT
BEGINNING BALANCE 0.00
561.1-54810 COMPUTER HARD/SOFTWARE.
BEGINNING BALANCE 2,412.50
5611-54990 OTHER
BEGINNING RALANCE 0.00
5611-56030 INCENTIVES
BEGINNING RALANCE 107,479.11
3/05/19 3/05 A38209 CHK: 102267 08105 PARKAROSA - INCENT 1 OF 005272 INCENTIVE #1 4,469,00 111,948.11
3/05/19 3/05 A38210 CHK: 102268 08105 TAYLOR - INCENTIVE 1 OF 005273 INCENTIVE #1 3,200.00 115,148.11
3/14/19 3/14 A38907 DFT: 000787 08393 SALES TAX REIMB & REPORT 003019 031419 78,783,35 19.3,931.46
MARCH ACTIVITY DB: 86,452.35 CR: 0.00 86,452.35
4-11-2019 8:58 AM DETAIL LISTING PAGE: 2
FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2019 THRU Mar-2019
DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910
POST DATE TRAM # REFERENCE PACKET=----DESCRIPTION-- ---- VEND INV/JE # NOTE ------AMOUNT----- -===BALANCE
5611-56040 SPECIAL SERVICES
BEGINNING BALANCE 85,307.11
3/07/19 3/07 A38329 CHK: 102293 08155 SCHOLZ - MOWING 003627 1235 WFDC 280.00 85,587.11
3/12/19 3/12 2838777 CHK: 102386 08355 PROPERTY MGMT-FEB 19 005262 229 9,254,96 94,842.07
3/13/19 3/13 A38796 CHK. 102387 08370 URTLY PEST CONTROL 000792 105212 95.00 94,937.07
3/1.3/19 3/13 A38851 CHK: 102414 08381 SURVEY - S BALLARD 003073 7232 400.00 95,337.07
3/13/19 3/13 283888.5 CHK; 102419 08383 ENVIRONMENTAL-FM 544 005252 6161614 7,082.71 102,419.78
3/14/19 3/14 28389.1.8 CUE: 102432 08396 JANITORIAL SVC 002390 47632 157.50 102,577.28
3/18/1.9 3/18 A39244 OFT: 000794 08472 CREDTT-WTRLINE MAT 000912 627/ MAR19 WYGANT 674.50CR 101,902,78
3/26/19 3/26 A3)/ 8 CHK: 102643 08661 MOWING 002123 2030 WEDC 312.00 102,214.78
- - MARCH ACTIVITY DB: 17,582.17 CR: 674.50CR 16,907.67
5611-56080 ADVERTISING
BEGINNING BALANCE 1.8,105.00
3/14/19 3/14 A38914 CHK: 102434 08396 IN 5 AROUND AD 000391 18739 WEDC 1,595,00 19,700.00
,,,,-.,rnmm. MARCH ACTIVITY DB: 1,595.00 CR: 0.00 1,595.00
5611-56090 COMMUNITY DEVELOPMENT
BEGINNING BALANCE 24,269.25
3/13/19 3/13 A38848 CIIK: 102415 08381 CHAMBER LUNCHEON 000468 9279 WEDC 15.00 24,2284.25
3/18/19 3/18 A39220 OFT: 000794 08468 SACHSE CHAMBER SPONS 000912 8277 MAR19 SATTER 400.00 24,684.25
3/18/19 3/18 A39187 OFT: 000194 08461 CHAMBER-YPG-SPONS 000912 8277 MAR19 GREIN 39.77 24,724,02
3/18/19 3/18 A39244 OFT: 000794 08472 WISD ED COON SPONS 000912 8277 MAR19 WYGANT 360.00 25,084.02
3/18/19 3/18 A39244 OFT: 000794 08472 WYLIE DYS-LEG GIFT 000912 8277 MAR19 WYGANT 196.00 25,260.02
3/18/19 3/18 A39244 OFT: 000794 08472 CHAMBER YP SPONSOR 000912 8277 MAR19 WYGANT 111,03 25,391.05
- -- ---- MARCH ACTIVITY DB: 1,1.21.,60 CR: 0.00 1,121.80
5611.-5611.0 COMMUNICATIONS
BEGINNING BALANCE 2,573.77
3/13/19 3/13 A39800 CHK: 102390 08370 INTERNET WEDC FEB25-MAR2 004568 2101577989 FEB25- 226.38 2,805.15
3/13/19 3/13 A38883 CHK: 1.02417 08383 TABLET SFRV WEDC FEB19 001797 822495799-07 FEB19 11.3,97 2,919.12
3/18/19 3/18 A39220 OFT: (100794 08468 TELEPHONE SVC 000912 8277 MAR19 SATTER 125.69 3,044.81
MARCH ACTIVITY DB: 466.04 CR: 0.00 466,04
4-11-2019 8 .58 AM DETAIL LISTING PAGE: 3
FUND : 111-WYLIE ECONOMIC DEVIL CORP PERIOD TO USE: Mar-2019 THRU Mar-2019
DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910
POST DATE TRAM # REFERENCE PACKET------DESCRIPTION------ VEND INV/JE # NOTE - -AMOUNT-- --BALANCE--
5611-56180 RENTAL
BEGINNING BALANCE 14,276.00
3/13/19 3/13 A38852 CHK: 102403 08281 COPIER RENTAL/SVC 003509 108659 194.00 14,470.00
3/26/19 3/26 A39782 CHK: 102646 08661 RENT-APRIL 003231 032519 APR19 2,250,00 16,720.00
,,,,,,.,. ..,',,,=,'., MARCH ACTIVITY DR: 2,444.00 CR: 0.00 2,444.00
___—_____________________________________________-------------------------------------------------------------------------------
5611-56210 TRAVEL & TRAINING
BEGINNING BALANCE 6,085.02
3/13/19 3/13 A38826 CHK: 102402 08375 030719 TAXI 000317 030719 MTGS/DUES 88.52 6,173.54
3/13/19 3/13 A38826 CHK: 102402 08375 030719 MILEAGE 000311 030719 MTGS/DUES 200.68 6,374.22
3/13/19 3/13 A38863 CHIC: 102405 08381 WYLIE DYS-ROOK PRODUCTTO 005215 5629 622.00 6,996,22
3/18/19 3/18 A29220 DFT: 000794 08468 BUS MTG-Z MARSHALL 000912 8277 MAR19 SATTER 32,60 7,028.82
3/18/19 3/18 A39220 OFT: 000794 08468 BUS MTG-FINNELL 000912 8277 MAR19 SATTER 61.28 7,090.10
3/18/19 3/18 A39220 DFT: 000794 08468 BUS MTG-PARKER 000912 8277 MAR19 SATTER 27.63 7,117.73
3/18/19 3/18 A39187 OCT: 000794 08461 TFDC CERT. ROOK 000912 8277 MAR19 GREIN 69.08 1,186.81
3/18/19 3/18 A39187 DFT: 000794 08461 TEDC LEG CONF-GREINE 000912 8277 MAR19 GREIN 12.18 7,198.99
3/18/19 3/18 A39187 OFT 000794 08461 BUS MTG-L;EE & ASSOC 000912 8277 MAR19 GREIN 22.68 7,221.67
3/18/19 3/18 A39187 DFT: 000794 08461 TEDC-GREINER-MEAL 000912 8277 MAR19 GREIN 32.07 7,253.74
3/18/19 3/18 A3918/ OFT: 000194 08461 TEDC-GREINER-MEAL 000912 8277 MAR19 GREIN 9.58 7,263.32
3/18/19 3/18 A39187 DFT: 000794 08461 TEDC-GREINER-HOTEL 000912 8277 MAR19 GREIN 562.98 7,826.30
3/18/19 3/18 A39187 DFT: 000794 08461 WYL DYS-MEAL-GREINER 000912 8277 MAR19 GREIN 7.67 7,833.97
3/18/19 3/18 A39187 DFT: 000794 08461 WYL DYS-TAXI-CRETNER 000912 8277 MAR19 GREIN 15.67 7,849.64
3/16/19 3/18 A39220 DFT: 000794 08468 BUS. MTG-SWAYZE 000912 8277 MAR19 SATTER 33,48 7,882.12
3/18/19 3/18 A39220 DFT: 000794 08468 BUS MTG-DORMDY 000912 8277 MAR19 SATTER 18.38 7,901.50
3/18/19 3/18 A39220 OCT: 000794 08468 WEDC - SITE VISIT 000912 8217 MAR19 SATTER 66.79 7,968.29
3/18/19 3/18 A39220 OFT! 000794 08468 BUS MTG - MCI 000912 8277 MAR19 SATTER 124.03 8,092.32
3/18/19 3/18 A39220 DFT: 000794 08468 WYLIE DYS-SATT-MEAL 000912 8277 MAR19 SATTER 66.00 8,158.32
3/13/19 3/18 A39220 OFT: 000794 08468 WYLIE DAYS EVENT 000912 8277 MAR19 SATTER 4,475.28 12,633.60
3/18/19 3/18 A39220 OCT: 000794 08468 WYLIE DYS-SATT-MEAL 000912 8277 MAR19 SATTER 18.58 12,652.18
3/18/19 3/18 A39220 DFT: 000794 08468 WYLIE DAYS-SATT-NOTE 000912 8277 MAR19 SATTER 570.82 13,223.00
3/18/19 3/18 A39220 OFT: 000794 08468 WYLIE DYS-SATT-MEAL 000912 8277 MAR19 SATTER 24.36 13,247.36
3/18/19 3/18 A39220 OFT: 000794 08468 BUS. MTG-PARKER 000912 8271 MAR19 SATTER 35,71 13,283.01
3/18/19 3/18 A39244 OFT: 000794 08472 WY DYS-FULLER-HOTEL 000912 8277 MAR19 WYGANT 285.41 13,568,48
3/18/19 3/18 A39244 DFT: 000794 08472 WY DYS-GREINER-HOTEL 000912 8277 MAR19 WYGANT 285.41 13,853.89
3/18/19 3/18 A39244 OCT: 000794 08472 WY DYS-BROKAW-HOTEL 000912 8277 MAR19 WYGANT 521.02 14,374.91
MARCH ACTIVITY DES 8,289.89 CR: 0.00 8,289.89
5611-56220 PROFESSIONAL TRAINING
BEGINNING BALANCE 0.00
--------_______-__-_—_-_____________________-------------------------------------------------------------------------
4-11-2019 8:58 AM DETAIL LISTING PAGE: 4
FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2019 THRU Mar-2019
DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS a 5611-52010 THRU 5611-58910
POST DATE TRAN # REFERENCE PACKET DESCRIPTION--===--- VEND INV/JE # NOTE ----AMOUNT---- --=BALANCE---
5611.-56250 DUES & SUBSCRIPTIONS
BEGINNING BALANCE 11,476.98
3/13/19 3/13 A38826 CHIC; 102402 08375 030719 DUES 000317 030719 MTGS/DUES 776.97 12,253.95
3/18/19 3/18 A39187 DFT: 000794 08461 ONLINE PRESENT. TOOL 000912 8277 MAR19 GREIN 127.79 12,381.74
3/18/19 3/18 A39187 PET: 000794 08461. SEDC MEMBERSHIP 000912 8277 MAR19 GREW 250.00 12,631.74
MARCH ACTIVITY DB: 1,154,76 CR 0.00 1,154.76
5611-56310 INSURANCE
BEGINNING BALANCE. 4,004.71
5611-56510 AUDIT I LEGAL SERVICES
BEGINNING BALANCE 20,119.50
3/13/19 3/13 A38804 CHK: 102392 08370 ENVIRONMENTAL REVIEW 004947 33543 WEDC 4,095.00 24,21.4.50
3/26/19 3/26 A39734 13-1K: 1.02631 08655 ATTY FEES-WEATHERFOR 000023 5 2793-00863-4 WEDC 120.00 24,334.50
r= =a=- w.. MARCH ACTIVITY DB: 4,215.00 CR: 0.00 4,215.00
5611-56570 ENGINEERING/ARCHITECTURAL
BEGINNING BALANCE 5,349.99
5611-56610 UTILITIES-ELECTRIC
BEGINNING BALANCE 1,849.61
5611.-57110 DEBT SERVICE
BEGINNING BALANCE 0.00
5611-57410 PRINCIPAL PAYMENT
BEGINNING BALANCE 638,850.09
3/01/19 3/06 B64603 Bnk Dft 030119 18430 JE30599 K&M PMT #42 JE# 030599 8,543.89 647,393.98
3/1.5/19 3/19 B64771 Bnk DIt 031519 18480 JE30679 WB PKWY PMT #55 JE# 030679 12,578,61 659,972.59
3/22/19 3/25 R64825 Bnk Dft 032219 18501 JF30715 BUCHANAN PMT #55 JEN 0.30715 7,195.25 667,167.84
3/22/19 3/25 B64826 Rnk DEL 03221.9 18501 JE30716 JARRARD PROP #27 JE# 030716 2,186.95 669,.354,79
_ -- ---- -`-:m=- MARCH ACTIVITY DB: 30,504.70 CR: 0.00 30,504.70
5611-57415 INTEREST EXPENSE
4'11-2019 o.s* xw onr ^ zL 7, 1xrzwn paoE. 5
rvmo . uz-wzLzE ECONOMIC nsvoL CORP PERIOD TO USE. x",'zom rum/ °a,-zoo
oo,r . ^`z oo,EzOoyumr CORP-Wmoc ^ccnvmro. 5611'52010 r"no 5611-58910
,nor ovTr Txvw v moropomco PACKET------wsxcazprzom vomu zm,/JE o noro ---AJlmvwr-- ----"^mNco--
e o s z m m I m G u ^ L A m C s 65'242�52
s/o///o 3/06 a6^603 o"k o,t 030119 18430 ooznspn u^m pmr *vz Jox 030599 201,36 65'443�8o
3//2//9 3/12 x38,12 nrr. 000786 08322 awa Ln^w aooz - emwr / 00,3207 onzo`ynu 03/219 13'342�34 78'786,22
3/15/19 3/19 a64711 a"x oft 0315z9 zoxov Js30679 wa rnwx pvr o55 Jov 030679 689�32 79'475,54
3/22/19 3/25 x64825 a"x ucL no,^o 18501 zc30715 evc"anvw pmr oss ^oo 030715 /zs,'o `9'6/2�24
3/22/19 3/25 o64826 e"x ucr 032219 18501 :n30,16 z^mnvmo rnop xc, «uw 030716 yuz�,n 90.534�44
3/22/19 3/2s ao«az, a"x nft ooxz» 18501 Jo307/7 uaLL^v wvzuLrI, pvz k28 Jsk 030/// 6'222,22 86'756.66
maaco arrzv,rx oa. 21.514�14 cp` 0.00 21'514,14
_~-_-_--_-_--__-__--___----_-`-___-___-_-_~___----_-.__~-_-~-_-~_-___-_~_____~---_____~--___~~___--__-___~___-_
5611 5,,1u avo oonz oxrumxo
a u o z m m z w G a x L ^ * r c 0.00
-----------------------_-----_-_-_-_______--__-----_--_---___~---------_---r_-_r--__-------_-------_------_~-_--------~
u61z 5o1/o L^wo-rnwcnaoE PRICE
o o c z w w z m C a u L a w c u 3'168'477 x^
3/06/19 3/06 u38306 or`. 000784 08144 /01 o, aaLcAao cLnszop 003164 19013519000067 166'08,,04 3'334'564.56
»/za/z" 3/26 usy,00 cuv. /02644 0866/ o^mwuor - 204 m� ,mo xr 003164 032519 w000 2'500�00 3'337'064�58
3/26/19 s/zo u,,,o` vnu. znco«n 08661 o^mmEcr uoo N. 2mo oc 003164 032619 2'500.00 3'339'564.58
*macx ^o,zvzT, ua. 171'08/�04 cm. 0.00 171'087,04
_____-___-_--__~-_-_--------_----_--__-_--__-____-___==---_-'---.___--_-_-_-_-~--__-_--"-__=__~--__--_--__--
s»zz-yo1zn com,Lo,momr rouo
o o c r m m z x o a ^ c v m r o n�vv
__-____-----__--_-~--_-~--_----_----____~-_-~__--___-__-_---____-,-_----__-----___-_'__~_-___--__-_-_~~--___^_-_--
5szz 58150 Lxwn-aoTTopmEmru
a s s z m m z m c a ^ L ^ w c E n�oo
--------------I-------------^-------------------------------------------------------------------------------------------------~
^^'1 noz'n nraEoro u ^LLuxo
o o o z m w / v o a ^ L ^ m o o /65'446�55
3/26/19 3/26 ^»y,ss oyx. 102632 08655 rm 544 °^rnmLzwo 000325 zoony zo'n`o/ wouc 1'250�27 166'696,82
~~~~~~~~~~~~~ mvpcu ^crzvzr, nu. 1'250,27 cm. 0.00 1'250�2/
_-_---=----=__---~-~----=----~_--_--__--_------_-_----___----___--=-_---_=----__=_=-_----'-_--__---=-___--_--=__=-__-=
5611 5o^/o o^mzr^a, aovou
a o G z o m z w G a ^ L a m c s 0,00
------------ -~_~-~-_---°--__.____-~__-~_~~-_---__~____-_-_-~`-_-___-___~_-__~_-~-_-_-~-__--_°__-_~~~---_~_^__~-_---_~_
5o1z 5vp10 compvzoa nmRo/ovrrnu^o
o-o-znzy u.novm uur ^ zL Lz , rzmn r^Gs. a
FUND . Ill-WYLzo ccnwomzc oovoL CORP PERIOD TO USE: m"`-ms rxnv *""-2019
cmpr . azz osvoLOcMomr omp-*oor accvvmro. 5611-52010 roa" sa,'-*oom
povr mro rRAm » xomzmomro ruroo`------uovopzprzuw---- vown zwv/Jo o morn ---AMmvmr=~~- ----a^^v,00--
a s c z m m z n c a a L ^ m r o 0,00
~___-~-_~_~~_.^~_~_~~~-__~~~__~^~~_~^-__-~___-~~~-_~-~__~_~_-_---~_-___--_--___-~_-_-__-_____~___-_-_-_-_~_-_-___~_
5szz-5ou3o rvuwzrvuo ^ rzxTvxuv
o o n z w m z x n a a L ^ m c a v�oo
-=-_-__-'-_=_-=-`_-=-_-_-----_------_---__-____`-_~--__--==---_=__--_,-_--~_-----_°-_-'__-----__----_---_--_~=-----
5o1z so9zu nvz^ozwss
a o s z m m z m G o ^ L * m c ^ o�vo
ouv Eamoa: IN THIS mEponr/
~` uommr ror^Lu `` -- nouzr; —' —' CnnozTo --
aonzwmImo aaLvncsS. 4'343'616,46 u�oo
pneoprmo ^cTzvzrx. 347'729,81 6/4�50Cu
unnzwo BALANCES. 4'691,346,27 =4�50nn
TOTAL rvmo oouz"o aa^^wco. ^'mo's`z.'r
Wylie Economic Development Corporation
Balance Sheet Sub Ledger
March 31, 2019
Notes Payable
Add'I draws
Date of during Rate of Principal
Purchase Payment Beginning Bal. month _ Principal Interest Interest Balance
March 1, 2019 5,396,807.36
ANBTX-88130976 WOODBRIDGE PKWY (#56 of 80) 8/15/14 13,267.93 337,435.71 12,533.03 734.90 2.61 324,902.68
ANBTX-88148481 BUCHANAN(#56 of 60) 8/13/14 7,331.95 36,976.15 7,217.85 114.10 3.77 29,758.30
ANBTX-88158043 K&M/HOBART(#43 of 48) 9/2/15 8,745.25 52,318.93 8,572.37 172.88 4.00 43,746.56
ANBTX-88158357 DALLAS WHIRLPOOL(#29 of 60) 11/22/16 varies 2,000,000.00 0.00 6,888.89 4.00 2,000,000.00
JARRARD GRAYS AUTO(#28 OF 120) 12/1/16 3,109.15 243,732.84 2,195.15 914.00 4.50 241,537.69
ANBTX-88193982 ANB-BROWN&78(#3 OF 60)* 12/12/18 varies 2,696,952.19 364,094.73 0.00 13,342.34 5.25 3,061,046.92
March 31, 2019 $30,518.40 $22,167.11 $5,700,992.15
* Beginning balance is balance associated with the 3/12/19 payment. Actual Loan Balance drawn as of March 31, 2019 is$3,061,351.93.
Wylie Economic Development Corporation
Inventory Subledger
March 31, 2019
Inventory -Land
Date of Pur, Address Acreage Improvements Cost Basis Sub-totals
Cooper McMasters 7/12/05 709 Cooper 0.48 n/a $202,045
Heath 12/28/05 706 Cooper 0.46 $32,005 3,625 186,934
Perry 9/13/06 707 Cooper 0.49 Demo 200,224
Bowland/Anderson 10/9/07 Cooper Dr. 0.37 n/a 106,419
KCS 8/1/08 Cooper Dr. 0.41 n/a 60,208
Duel Products 9/7/12 704 Cooper Dr. 0.50 n/a 127,452
Randack 10/23/12 711-713 Cooper Dr. 1.09 217,500 8,880 400,334
Lot 2R3 7/24/14 Cooper Dr. 0.95 n/a 29,056 $1,312,672
Industrial Ct. Ind Ct-Hwy 78 7/06-4/16 Ind Ct-Hwy 78 1.45 n/a 924,486
Jarrard 12/22/16 201 Industrial Ct 0.29 32,893 3,900 300,493 1,224,979
Regency Regency Pk. 6/4/10 25 Steel Road 0.65 n/a 25,171 25,171
Commerce Hobart Investments 11/12/13 Commerce 1.60 n/a 156,820
Hobart 1/6/14 605 Commerce 1.07 396,263 20,000 386,380
Dallas Whirlpools 11/22/16 900-908 Kirby 4.79 10,000 2,182,080 2,725,280
Downtown Heath 3/17/14 104 N. Jackson 0.17 Demo 220,034
Udoh 2/12/14 109 Marble 0.17 n/a 70,330
Peddicord 12/12/14 100 W. Oak St 0.35 155,984 4,444 486,032
City Lot 12/12/14 108/110 Jackson 0.35 n/a
Jones (K&M) 9/3/15 106 N. Birmingham 0.21 42,314 4,125 190,596
FBC Lot 6/15/16 111 N. Ballard St 0.20 n/a 150,964
FFA Village 1/7/18 102. N. Birmingham 0.17 35,390 910 99,804 1,217,760
Alanis White Propert rAlanis) 12/12/14 Alanis 6.63 n/a 420,336 420,336
South Ballard Birmingham Trust 6/3/15 505-607 S. Ballard 1.12 n/a 409,390
Murphy 3/7/19 701 S. Ballard 0.20 115,724 1,312 172,487 581,877
Squire Gallagher 3/14/18 Squire-lot 2-4 2.67 6,000 573,844 573,844
Brown &78 Turner 12/5/18 504 E. Brown 1.02 84,077 1,180 308,180
Wallace 12/18/18 502 E. Brown 0.19 24,637 680 204,775
Karan 12/28/18 300 E. Brown 2.40 551,998 24,000 1,250,391
O'Donald 1/7/19 410 E. Brown 0.19 64,421 940 177,044
Weatherford 2/12/19 303 Marble 2.17 62,984 3,529 757,488
Brothers JV 2/26/19 306 &308 N. 2nd Stn 0.38 n/a 145,923
Pulliam 2/27/01 300 N. 2nd Street 2.57 122,764 1,364 218,472 3,062,273
Total 35.74 $1,938,954 94,889 $11,144,192 $11,144,192
*A Journal entry was made by auditors to adjust the cost of the Hughes land by$4,638.79. This amount was for taxes owed and not part of land value.
*Prime Kuts total purchase price was$306,664.45. The distribution between 207 Industrial and R.O.W. purchased was developed by Seller for tax purposes.
(**) Costs Basis adjusted for partial sale of property(.28 acres or 22.76% of the property at a cost basis of$170,755.53).
WEDC Leasehold Subledger
Tenant Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19
Helical Concepts 1st 3/26/18 4/24/18 5/21/18 6/25/18 7/26/18 8/24/18 9/26/18 10/29/18 11/26/18 12/31/18 1/24/19 3/1/2019
Wheels Unlimited 15th 4/16/18 5/15/18 6/15/18 7/16/18 8/16/18 9/14/18 10/17/18 11/5/18 12/15/181 1/15/19 2/18/19 3/18/2019
Trimark Catastrophe 15th 5/2/18 5/2/18 7/11/18, 7/11/18 8/2/18 9/17/18& 10/8/18 11/8/18 12/11/18 1/2/19 2/10/19 3/4/2019
Dennis Richmond 1st 4/3/18 5/4/18 6/1/18 7/16/18 8/6/18 9/10/18 10/16/18 11/5/18 12/6/18 12/31/18 2/11/19 3/12/2019
Austin/Said LLC 1st 4/11/18, 5/10/18 6/15/18 7/3/18 8/31/18 9/14/18, 10/18/18 11/14/18 12/6/18 1/9/19 2/11/19 3/12/2019
Austin/Said LLC 1st 4/11/18 5/10/18 6/15/18 7/3/18 8/31/18 9/14/18 10/18/18 11/14/18 12/6/18 1/9/19 2/11/19 3/12/2019
Wylie Northeast 1st 4/30/18, 6/5/18 7/3/18 8/2/18 9/5/18 10/3/18 11/5/18 12/4/18 1/2/19 2/4/19 3/1/2019
(*)Austin/Said LLC-March 2017 payment for 605 Commerce waived due to
environmental remediation,removal of slab section,and roll-off dumpsters
WEDC EXECUTIVE DIRECTOR
J P MorganChase
Expense Report
February 2019
DATE PAYEE AMOUNT PURPOSE INDIVIDUAL/GROUPS PRESENT
,
02/06/19 Starwood Cafe 32.60 Business Meeting Satterwhite, Marshall
02/09/19 La Flor 27.63 Business Meeting Satterwhite, Parker
02/10/19 Fish n. Tails 61.28 Business Meeting WEDC (2), Finnell (2)
02/16/19 Ballard 33.48 Business Meeting Satterwhite, Swayze
02/18/19 Dickey's 18.38 Business Meeting Satterwhite, Dormady
02/20/19 Fish n Tails 66.79 Business MeetingWEDC(5) Site Visit
02/22/19 Sachse Chamber 400.00 Tournament Sponsor n/a__
02/25/19 Love n War Texas 124.03 Business Meeting WEDC (2), KCS (2)
02/26/19 Cafe Blue 66.00 Wylie Days Meal Satterwhite, Herzog
02/28/19 Capital Grill 18.58 Wylie Days Meal Satterwhite, Brokaw
-
e
02/27/19 Cafe Blue 4,475.28 Wylie Days Legislative Event Legislators,Wylie City, School,WEDC, Chamber
02/28/19 Hampton Inn 570.82 Wylie Days Hotel Satterwhite
02/28/19 Cupps Drive Inn 24.36 Wylie Days Meal Satterwhite
03/01/19 Wingstop 35.71 Business Meeting Satterwhite, Parker
03/02/18 Cytracom 125.69 Telephone Service n/a
TOTAL 6,080.63
WEDC Assistant Director
JPMorgan Chase
Expense Report
February 2019
DATE VENDOR PURPOSE AMOUNT
2/7/19 Logimein Online Presentation Tool 127.79
2/8/19 SEDC SEDC Membership 250.00
2/18/19 IEDC Certification Book 69.08
2/20/19 Buckees TEDC Meal 12.18
Total 459.05
WEDC Senior Assistant
JPMorgan Chase
Expense Report
February 2019
DATE VENDOR PURPOSE AMOUNT
2/12/19 Core& Main Materials Refund -674.50
2/18/19 WISD Ed Foundation Boots n. BBQ Sponsor 360.00
2/25/19 Coventry Promotional Items 196.00
2/20/19 Chick-Fil-A WEDC Board Meeting Meal 52.65
2/27/19 Villa Vinci Chamber Sponsor-Young Professionals Mixer 111.03
2/28/19 Hampton Inn Wylie Days- Hotel Fuller 285.41
2/28/19 Hampton Inn Wylie Days- Hotel-Greiner 285.41
2/28/19 Hampton Inn Wylie Days- Hotel- Brokaw 521.02
Total 1,137.02
WYLIE ECONOMIC DEVELOPMENT CORPORATION
SALES TAX REVENUE
FOR THE MONTH OF APRIL 2019
MONTH WEDC WEDC WEDC WEDC DIFF % DIFF
2016 2017 2018 2019 18 VS 19 18 VS 19
DECEMBER $166,418 $197,808 $184,849 $214,867 $30,019 15.18%
JANUARY 163,463 196,347 191,896 223,750 31,854 16.60%
FEBRUARY 260,166 276,698 275,668 307,367 31,699 11.50%
MARCH 167,082 191,648 182,852 208,222 25,370 13.87%
APRIL 154,920 168,844 163,485 182,500 19,015 11.63%
MAY 238,646 244,816 203,707
JUNE 180,194 191,732 199,412
JULY 212,620 223,571 213,977
AUGUST 268,976 261,573 249,590
SEPTEMBER 197,339 210,974 213,426
OCTOBER 201,506 195,549 210,702
NOVEMBER 270,426 267,816 273,197
Sub-Total $2,481,757 $2,627,376 $2,562,759 $1,136,705 $137,956 13.81%
AUDIT ADJ
TOTAL $2,481,757 $2,627,376 $2,562,759 $1,136,705 $137,956 13.81%
WEDC SALES TAX ANALYSIS
$350,000
$300,000
$250,000
111111
$200,000
$150,000
$100,000
$50,000
111111114111
$0
E ° 2 m q 2 4 -' rn E € E
0 -' 1 a O 8
m
ylie Econo ic 1 eve o • ent Co • oration
E 0 - A DU
TO: WEDC Board of Directors
FROM: Samuel Satterwhite, Executive Director
SUBJECT: Downtown Parking Improvements
DATE: April 15, 2019
Issue
Consider and act upon the disposition of WEDC property located at 111 North Ballard.
Analysis
In 2017 the WEDC Board considered paving a WEDC-owned property located on Ballard Street
just south of Oak Street to provide increased parking for the downtown area. Prior to moving
forward with the project in 2017, staff was pursuing the acquisition of an adjoining property to
provide increased development options.
Currently,staff does not believe it is possible to acquire property to the south or north of the WEDC
site and wants to provide an opportunity for the Board to determine if the need for additional
parking justifies the expense. In review, the attached parking layout provides 17 parking spaces
and improves the alley which intersects Oak Street. An updated bid for these improvements is
$174,529. In addition to the paving, a transformer must be replaced which is estimated at least at
$25,000.
This issue is being presented to the Board for review at this time as the FBC Real Estate Committee
was inquiring as to the status of the property which was purchased from FBC in June of 2016.
Recommendation
Staff has no recommendation at this time.
Attachments
Site Plan
nak ctrPat .
r
urruZE ExKF'xc aW'A§q{
-a tau,rc cas,a + , r •
p
{ k N N
I4
`4 �. t
LCT e
,i i
.
irc
S89°40'37"E ( `i Ir.�
N00°1319" � �'. "' -150=00'
60 SX - aVw PE(mEBDKVUR Erft
off
TOPM 65Q -,ax !, / ate %_ 'd5 _ -
A
iFL tB RCP!g*."a.$ E 3 3 # N7✓Sxi'49 G {. 41'
jr
{
•
` O0 13 249" "-"
3 ` Lor
yy 36 56 i
•
L.
t
LOT G VOL. 71 M ° .7
tip+ 6 \ ''t j °.:s + .
N89°40'37"VV a
L mal, ;
•
119,95' ssr ,r
r4ax�t�+r4 +!ae
•
,e1•
SITE PLAN •
`. �,." BHLF 54NEEET PUBLIC Pi 7NC
- .,. t _— ip ECONOMIC DEVELOPMENT C$€�,PONX.T±QN
- `'•
+` s CITY OF WYLIE.TEXAS
El a ,+ _
TM tfBL