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07-15-2016 (WEDC) Agenda Packet NOTICE OF MEETING Wylie EconomC io Re DevePoRloApT I o mentN Regular Meeting Agenda July 15, 2016— 6:30 A.M. WEDC Offices—Conference Room 250 South Highway 78 —Wylie, Texas Marvin Fuller President Mitch Herzog Vice President John Yeager Secretary Todd Wintters 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.wylietexas.gov within the required time frame. CALL TO ORDER Announce the presence of a Quorum. 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 June 17, 2016 Minutes of the Wylie Economic Development Corporation (WEDC) Board of Directors Meeting. II. Consider and act upon approval of the June 2016 WEDC Treasurer's Report. III. {Remove from Table} Consider and act upon issues surrounding the FY 2016-2017 WEDC Budget. IV. Consider and act upon a Budget Amendment for FY 2016-17. DISCUSSION ITEMS V. Discuss issues surrounding a potential amendment to WEDC By-Laws. WEDC—Agenda July 15, 2016 Page 2 of 2 VI. Staff report: review issues surrounding WEDC Performance Agreement Summary, 605 Commerce, Collin College Workforce & Economic Development, Bart Peddicord Community Center, insurance claims resulting from hail storm, demolition of WEDC properties located on Commerce/Industrial, and regional housing starts. EXECUTIVE SESSION Recess into Closed Session 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 near the intersection of: • Cooper& State Highway 78 • F.M. 544 & Commerce • F.M. 544 & Sanden Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code Annotated(Open Meetings Act). • Project 2016-lb • Project 2016-6a • Project 2016-6b • Project 2016-6c • Project 2016-7a RECONVENE INTO OPEN MEETING ADJOURNMENT CERTIFICATION I certify that this Notice of Meeting was posted on this 11 eh day of July 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.wylietexas.gov. Carole Ehrlich,City Secretary Date Notice Removed Minutes Wylie Economic Development Corporation Board of Directors Meeting Friday, June 17, 2016—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 Todd Wintters and Mitch Herzog. Ex-officio member City Manager Mindy Manson was present. WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner and Senior Assistant Angel Wygant. CITIZEN PARTICIPATION With no citizen participation, President Fuller proceeded to Action Items. ACTION ITEMS ITEM NO. 1—Consider and act upon approval of the May 31,2016 Minutes of the Wylie Economic Development Corporation (WEDC) Board of Directors Meeting. MOTION: A motion was made by Todd Wintters and seconded by Mitch Herzog to approve the May 31, 2016 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 approval of the May 2016 Treasurer's Report. Staff informed the Board of an error in the Special Services section of the Treasurer's Report. An expense in the amount of$1,800 described as 'Lot Survey- 111 N.Ballard' should have been described as `TOPO Survey - Alanis Property'. MOTION: A motion was made by Mitch Herzog and seconded by Todd Wintters to approve the May 2016 WEDC Treasurer's report as amended. The WEDC Board voted 3 — FOR and 0—AGAINST in favor of the motion. ITEM NO. 3— Consider and act upon issues surrounding the election of WEDC officers. The Wylie City Council recently reappointed Mr. Marvin Fuller and Mr. Mitch Herzog to a three-year term as Members of the Wylie Economic Development Corporation Board of Directors. The appointees are to be sworn in by City Secretary Carole Ehrlich. WEDC—Minutes June 17, 2016 Page 2 of 6 On an annual basis and following the selection of WEDC Board Members by the Wylie City Council, the WEDC elects officers for the upcoming year. Provided for Board review was Section V—Officers of the WEDC By-laws. Section V provides for the selection of Officers and the duties of the same. President Fuller informed the Board that he had spoken with Board Member John Yeager and Mr. Yeager indicated he would be willing to serve another term as Board Secretary. Mr. Fuller inquired as to the interest of Board Members to continue in their current roles as officers and all indicated they were willing to continue in their current capacity. In 2015-16 the WEDC Board of Directors elected the following officers: Marvin Fuller President Mitch Herzog Vice President John Yeager .Secretary Todd Wintters Treasurer MOTION: A motion was made by Todd Wintters and seconded by Mitch Herzog to elect the following individuals as WEDC officers for FY 2016-2017: Marvin Fuller - President, Mitch Herzog - Vice President, John Yeager - Secretary, and Todd Wintters-Treasurer. The WEDC Board voted 3—FOR and 0—AGAINST in favor of the motion. ITEM NO. 4— Consider and act upon the establishment of a Regular Meeting Date and Time for the WEDC Board of Directors for FY 2016 -2017. Section 4.07 of the WEDC By-laws states that the President of the Board shall set a regular meeting date and time at the beginning of his/her term. With officers elected via the last Action Item, the WEDC President is required to establish the Regular Meeting date/time. President Fuller asked the WEDC Board Members if the current Regular Meeting time/dates, being the third Friday of each month at 6:30 a.m., was still convenient for all Board Members or if there needed to be a change. All Board Members present preferred to keep the date/time the same. MOTION: A motion was made by Mitch Herzog and seconded by Todd Wintters to set the Regular Meeting date/time for the 2016-17 WEDC Board Meeting as the third Friday of each month at 6:30 a.m. The WEDC Board voted 3 — FOR and 0 — AGAINST in favor of the motion. ITEM NO. 5— Consider and act upon issues surrounding the FY 2016-17 WEDC Budget. Staff presented the first draft of the FY 2016-17 WEDC Budget. Staff made an oral presentation covering the line items of the budget. Issues discussed are as follows: WEDC—Minutes June 17, 2016 Page 3 of 6 Revenues: • Staff proposed total revenues of$4.7 mm which included $2,467, 295 in sales tax, a beginning fund balance of$665,686, sale of WEDC property at $1,350,000, infrastructure reimbursement of$115,758, and lease income from WEDC properties of$69,000. Expenses: • Seventy-five pad folios will be purchased at a cost of$2,000 (lasting two years) for presentations made to public groups including Leadership Wylie and ICAN and well as distribution to WEDC clients; • The WEDC will continue its partnership with the Library in funding $5,000 for maintenance and new materials; • Of the sixteen incentive agreements the WEDC will be funding in 16-17, seven projects will be at the end of the specific commitment for that program representing a cumulative $278,173 that will not be required to be funded in 17-18. Also,the KREA budgeted H&M Tax Reimbursement was amended from $105,000 to $78,750 to reflect a nine-month funding period opposed to 12 months. Total Incentives budget are $1,399,607 which includes $545,410 in Future Projects. • Advertising was presented with a total budget of$62,850 which included $18,600 for a 4Most Business Program complimenting the BRE Program. Staff commented that some monies within the Advertising Budget need to be reallocated to increase a Regional Marketing Initiative which was presented with only a $10,000 budget. Board Member Herzog commented that regional marketing has not received as much attention as necessary in terms of a budget commitment and that the $10,000 that the WEDC has budgeted in the past was not an effective use of resources for the task being attempted to accomplish. Board Member Herzog further directed staff to bring back a budget amount which is more realistic and can begin to accomplish the goal of promoting the Wylie community in terms of business opportunities and quality of life. • $5,500 has been allocated within Training for the Assistant Director to take three classes toward his Economic Development Accreditation. • $2,500 was allocated within Dues to join the DFW Marketing Team. • The Linduff/Edge Note will move into principal& interest payments totaling $204,719. • Based upon the imminent sale of WEDC property, $1,000,000 has been allocated to principal reduction within Debt Service. • Within Land, $250,000 has been budget for acquisition, $8,366 has been budgeted for closing costs, and $70,500 budgeted for real estate commissions. • Within Streets & Alleys $331,300 has been budgeted for pad site infrastructure improvements and $60,000 for downtown parking improvements. However, the Board indicated that even though money has been allocated, staff is to bring back an Action Item for consideration of the downtown parking issue. • The WEDC will continue funding Interdepartmental Assistance of$5,000 for accounting services from the Finance Department. Staff recommended tabling Budget consideration following Board input and will submit a final budget document in July. WEDC—Minutes June 17, 2016 Page 4 of 6 MOTION: A motion was made by Mitch Herzog and seconded by Todd Wintters to table discussion of the WEDC Budget until the next WEDC Board Meeting. The WEDC Board voted 3 —FOR and 0—AGAINST in favor of the motion. DISCUSSION ITEMS ITEM NO. 5— Staff Report: reviewed issues surrounding WEDC Performance Agreement Summary, signage for WEDC pad sites, 605 Commerce, Von Runnen Holdings, demolition of WEDC properties, Patna Properties, and regional housing starts. WEDC Performance Agreement Summary Attached for the Board's review was a summary of all outstanding Performance Agreements including: Ascend Custom Extrusion, All State Fire Equipment, B&B Theatres Operating Company, Clark Street Development, Dank Real Estate, Exco Extrusion Dies, FLM Development, Freudiger Holdings, Getset, KREA Acquisition, Patna Properties, VIAA Properties, Von Runnen Holdings, Woodbridge Crossing and the Wedge Corporation. Sales tax reimbursement reports were attached to the Performance Agreement Summary for Woodbridge Crossing and CSD Woodbridge. Inventrust (owners of Woodbridge Crossing) is eligible to receive up to $6 mm in sales tax reimbursement through September 2021. Approximately $3.51 mm has been reimbursed through April 2016. CSD has received $148,993 in sales tax reimbursements, along with a $100,000 infrastructure assistance grant, and is eligible to receive up to a cumulative $1.1 mm through February 2024. Signage for WEDC Pad Sites Currently promoting WEDC pad sites on Highway 78 is a single-sided sign adjacent and parallel to the highway. Staff is somewhat unhappy with the visibility and is having a duplicate sign made to be installed in a V-shaped configuration with improved site line from north and south bound traffic. 605 Commerce Attached for the Board's review was a spreadsheet tracking all activities with W&M Environmental for FY 2014-15 and FY 2015-16. W&M has prepared Phase I&II reports for Mann Made,K&M,Business Way, is processing the VCP application for the Commerce property, and processing the Municipal Setting Designation through the City. Von Runnen Holdings A copy of an email from John Von Runnen was attached for the Board's review. Hi Sam, I was just thinking about how thankful I am for you and the Economic Development Committee. It is such a blessing to have the funds you guys gave to us. I just want to make sure you know how thankful we are! Thank you for helping make our business more successful! WEDC—Minutes June 17, 2016 Page 5 of 6 Demolition of WEDC properties Intercon has completed demolition of the Mann Made and Exco properties. Intercon is waiting until the site is dry to grade it properly. Demolition of the remaining six structures will begin on or about July 1. Patna Properties Dr. Tanvir Ahmed will complete construction of his 4,283 square foot building located on Kirby St. on or about July 1st. While personally occupying approximately 3,100 square feet, Dr. Ahmed has already secured a tenant for the remaining 1,183 square feet with the lease space being finished out simultaneously with Dr. Ahmed's offices. Regional Housing Starts One hundred one homes were permitted in Wylie for the month of May 2016. Sachse, Lavon, Murphy and Inspiration permitted a combined total of thirty-four homes over the same period. EXECUTIVE SESSION Recessed into Closed Session at 7::18 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 near the intersection of: • Cooper Drive & State Highway Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). • Project 2016-la • Project 2016-lb • Project 2016 6a Section 551.074 (Personnel Matters) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). • Performance Evaluation of WEDC Personnel Jason Greiner and Angel Wygant left the meeting at 8:06 a.m. and returned at 8:20 a.m. RECONVENE INTO OPEN MEETING The WEDC Board of Directors reconvened into open session at 8:21 a.m. and took no action. WEDC - Minutes June 17, 2016 Page 6 of 6 jtiuct UR: MR!11117 ith no ,her business,President F ler jounr I e DC Board meeting at 821 anti Marvin Fuller,President ATTEST: Sa and Satter hitt,Dill, toter Wylie Economic Development Corporation MEMORANDUM TO: Samuel Satterwhite, Executive Director/ ;00 FROM: Angel Wygant, Senior Assistant a.„/ SUBJECT: June 2016 Treasurer's Report DATE: July 7, 2016 Issue Consider and act upon approval of the June 2016 WEDC Treasurer's Report. Analysis From the Balance Sheet,page 1: Deposits - $2,000. This amount reflects a deposit WEDC paid to Wylie Industrial Court for the current location of the WEDC office in the amount of$2,000. Loan Receivable - $65,522.08. This represents the balance of the Wylie Ice Cream Holdings note, which is reduced by the principal paid each month. There was a starting balance of$93,950 as of December 2012. Wylie Ice Cream Holdings has 42 payments remaining with a balloon payment of$33,248.44 due on 12-15-19. Account Rec — Forgivable Loans - $533,333.33. This figure includes the remaining balance of The Wedge loan in the amount of$183,333.33. Assuming The Wedge remains in compliance with their Performance Agreement, forgiveness of the remaining loan balance will be made in 2 additional payments in the amount of$91,666.67 on 12/31/16 and $91,666.66 on 12/31/17. The figure above also includes the loan made to Exco Extrusion Dies in the amount of $350,000. Assuming Exco remains in compliance with the terms of the Performance Agreement, this loan will be forgiven in 5 equal amounts of$70,000 beginning on the one-year anniversary of their Certificate of Occupancy(CO). Deferred Outflows - $657,173. This is a total of incentive payments which are due in the future. A breakdown of these charges include: T. W. Snider & Assoc. - $120,000, Ascend Extrusion— Phase II - $48,000, B & B Theatres - $75,000, Dank Real Estate - $7,500, GetSet - $20,000, All State Fire - $40,000, Von Runnen Holdings - $20,000, Exco Extrusion Dies — $80,000, KREA $100,000, VIAA $20,000, Patna Properties $30,000, FLM Development $76,673, and Freudiger Holdings $30,000. WEDC June 2016 Treasurer's Report July 7, 2016 Page 2 of 3 From the Balance Sheet,page 2: Deferred Inflow - $260,522.08. The Deferred Inflow Account tracks loans receivable from Wylie Ice Cream Holdings and Exco Extrusion Dies. The Wylie Ice Cream loan receivable is reduced by the monthly principal payment which for June was $720.48. The Exco Extrusion Dies loan will be reduced by $70,000 annually for 5 years beginning one year from Certificate of Occupancy. Revenue and Expense Report,page 2: Interest Earnings - $276.01. Interest earnings from the Wylie Ice Cream Holdings. Loan Repayment- $720.48. Principal payment from the Wylie Ice Cream Holdings. Rental Income — $400. Helical Concepts - $400. (Trimark Catastrophe - $750, Richmond Hydromulch - $500, and Wheels Unlimited - $1,400 were also received but not deposited until after July 1St. These deposits will be reflected in the July Financials.) Revenue and Expense Report,page 3: Office Supplies - $348.58. ICAN books ($299.58) and Copier Paper for Survey Machine ($49). Computer Hard/Software - $75. Repair Internet Connection($75). Food Supplies - $204.96. ICAN luncheon($179.10) and Board Meeting Meals ($25.86). Special Services — $33,671.48. Storm Restoration Services ($28,162.73)*, Environmental Services — 605 Commerce ($908.75), FBC Phase I ESA ($2,500), Hwy 78 Pad Site Signage ($727.50), Janitorial Services ($157.50), Mowing ($1,120), Qrtly Pest Control ($95). *Storm Restoration Services will be reimbursed by TML and deposited into Special Services when received. Advertising - $3,155.00. IEDC Econ Excellence Application Fee ($100), Connection ($1,500), In& Around New Corners Guide ($1,555). Community Development- $112.99. Wylie Flower($112.99). Travel & Training - $4,556.64. ICSC Business Meals ($1,267.43), ICSC Hotel ($2,679.04), Transportation($429,82), Other Fees ($180.35). Dues & Subscriptions - $2,042.86. PWCC February Dues ($637.86), IEDC Dues ($405), TEDC Memberships ($1000 - $500 being reimbursed). WEDC June 2016 Treasurer's Report July 7, 2016 Page 3 of 3 Audit&Legal - $300.00. Atty Fees—CFA. Land Purchases - $145,963.50. Purchase of 111 N. Ballard. Recommendation Staff recommends that the WEDC Board of Directors approve the June 2016 Treasurer's Report. Attachments June 2016 Treasurer's Report Sales Tax Revenue -12.-2010 09:34 AM CITY OF WYLIE, PAGE: I BALANCE SHEET AS OF LIME 30111, 2016. 111-WYLIE ECONOMIC DEVTI CORP ACCOUNT# TIILE, ASSETS 1011-10110 CLAIM ON CASH 6 CASH EQUIV 961,01A-16 1111-10115 'CASH, - WED) - INWOOD 0.00 1110-40185 ESCROW 0,00 1011-10181 nETosITs 2,000.01 1014-10198. OTHER - MIS '. CLEARING 0.00. 1010-10441. 3E31T001, 0.01' 1010-10343 LOGIC 0.01 1011-1o4el. INTEREST RECEIVABLE 0.01 1000-1.1511 A) SC L - MI SC. 0.01 1000-11517 ACCTS REC - SALES TAX 0.01 1100-12810 LEASE PAYMENTS sErzlvABIE 0.00 1400-12951 LOAN PROCEEDS RECEIVABLE 1000 1000-12996 LOAN RECEIVABLE 65,622.08 1010-12310J ACCTS REr - ITM TEril o.,00 law)-129,98 40015 kv: - EOROIVEAAIE LOANS 543,333.33 100.0-14112 INVENTORY - MATERIAL/ SUPPLY 0.00 1000-1.4116 INVENTORY - LAND 6 'BUILDINGS 6,431,018-42. 1000-14118 INVEMTORY - BAICO/ SANDER BLVD 00,00 10110-14310 PREPAID EXPENSES - 013)1. 0:00 1000-44440 DETERRED. OUTFLOWS 57,143.0R ., 9,63)0,650.99 TOTAL ASSETS 8,670,657.99 3,I13)1LITIE8 2000-24110 FEDERAL INCOME. TAX PAYABLE 0.00 2001-20111 MRDIcARE PAYABLE 0.00 2000-20112 CEILD SUPPORT PAYABLE 0„0.0 2011720114 CREDIT utuolt PAYABLE 0,01. 2001-20111 IRS LEVY PAYABLE 0,00 2001-20113 NATIONWIDE' DEFERRED GONE 0.00, 2001-20110 HEALTH TNEDR RAY-EMPLOYEE 0.21 20o0-.all/ TMRS PAYABLE. 0.00' 2010-20118 R0111 IRA PAYABLE 0.00 2000-20119 WORKERS COMP. PAYABLE 0.00. 2000-20121 FICA. PAYABLE 0.00' 2001-20121 TEC PAYABIE 0.01 2000-20122 STUDENT LOAN LEVY PAYABLE 0.00. 2000-10123 ALIMONY PAYABLE 0.040. 2001-24124 BANKRUPTCY' PAYABLE 0.00 2000-20125. VALIC DETERRED 011340 0.00' 2000-10120 ICMA. PAYABLE. 0:00 2001-20127 EMP, LEGAL SERVICES PAYABLE 0.00, 2000-20130 FLEXIBLE SPENDINU ACCOUNT 0.00 2000-20141 EDWARD IONES DEFERRED COMP 0,00 2001-20131 EMP CARE ELITE 12.00 2000-21151 ACCPMED WAGES PAYABLE' 0.00. 2000-20180 ADLIT EMPLOYEE INSUR PAY 000. 2000-20199' MTSC PAYROLL PAYABLE 0.00 T-12-20111 0'8)33 AM CITY CR WYLIE RAGE.) 2 BALANCE SHEET AS OF). :JUNE 30T8, 2016 III-WY!.IE ECONOMIC. BEVEL CORP AlCTARTT# TITLE 0)lJO-2C2r(1 AP PENDING 4,42.4.52 2000-20210 ACCOUNTS. PAYABLE 1,186.56) 2000-20530 PROPERTY TAXES. PAYABLE 0.00 2000-20540 NOTES PAYABLE, 651,173,00 2000-22810 DUE TO GENERAL FUND 6.00 2000-22270 DEFERRED INFLOW 260,522,08 2000-22275 DEE INFLOW - LEASE PEJNCIPAL 0.01 2000-22280 DEFERRED INFLOW - LEASE TNT 0,00 2000-22915 RENTAL DEPOSITS 0.00 TOTAL 920,945.25, EQUITY 3000-34110 FUND, BALANCE - RESERVED 0.00 3000-34590 FUND BALANCE-DNRESEPN/ONDESIG 1,958,197.66 TOTAL, BEGINNING' EQUITY 7,984,181..60 TOTAL REVENUE 1,466,646.06 TOTAL EXPENSES, 1,701,130,92 REVENUE OVER/CONDER) EXPENSES 1 234,484„661 TOTAL EQUITY 4, OVER/(UNDEBI 1,749,712.'74 TOTAL LIABILITIES, EQUITY 4 OVEB/(UNDER) 8,610,667.9Q 3-11-2018 08,:33 AM CITY 0 P ('ill,IF) PAO E.). 1 BALANCE) SHEET' AS 01:7: ,101,2I„ 35I0, 201.6 92))1-OEN LONG TERM DEaT (WE(81) ACCOUNT 1). Ti TIE ASSET S 8656-68 1500-10312 G.OVERNMEW T NOTES 0.06, 1005-181 I 0 LOAN. - WE EC 0.00 1500-18120 LOAN - 5 I.RM INGRAM 5.00. 1005-1.8/15. AMOUNT IL) BE, PROVIDED 0.05 1005-18220 2.1 RIII N GUAR LO,AN 0.00 1555-4.9050 OFF OUTFLOW - CON TRA FOOT IONS 2.'.::,447.00 1000-1.9075. OE F' OUT FLW - I NV ES:TEEN T. ENT 5,062.00. I 055-19100. DE F OUTELCW - AOT t ET/AS S.UI1F 2,154..00 301,683,5,0 ................................................................................................ TOTAL. ASSETS 30,663.00 I IAN IL IT I ES 25.001-103 10 C.C)MPRNSATED ABS ENCES RAY A ELF 44,287,88 2906-10311 08)Mf' ABSENCES PAYABLE-CURRENT 0.00 2500-2/410 AECNUED INT EREST PA YABI E, 4,018.84 2005-28205 WE.4)81 LOAN S/CURRENT 155,861.43 2000-18220 51?JALOON/Cl LOAN 0.00 2000-28230 I NWOOD. LOAN 0.00 2555-262'.112. ANB LOAN/EDGE 1,6:00,923.25 2000-18233 ANa. LOAN 2 VF.DOICORD WI)IT E. 818,715,19 2006-18234 1008 LOAN/RAN DACE HUGHES. 1381,838.)31 2550-2:8235 000 LOAN' 0.00 20.00-2 82 36 000 CONS TR 08111 ON LOAN. 0.00 2050-28237 ANa LOAN/ WOO DBRI DOE' RARYMAY 695, (67„94 2500-2813R' ANE LOAN/8 UAIN ANAV 242,652.56 2500-28239 ANS LOAN/JONES:NC NART PAYOFF' 296.,438.73, 2050-282.40 HOORE)S LOAN 6,.()5 2000-28250 CITY OF' WY LIE LOAN' 6.00 2050-18265 PRIME ROTS LOAN 0.00 2000-28270 NOWLAN 0/ANDEANON LOAN 0.00 2506-28285 CAPITAL ONE CA?AIN LOA N 61 00. 2500-28290, EOBART COM4E144'.5 LOAN 0..00 25.05-29155 NET P ENS TON L I ABI L IlY 147,100.00 .......................................................................................................................... TOTAL L I ANI I,'TIES 3,589,178-14. 500 I 1? 3050-34590 PUN U. BALANCE-UNRES 8.)RV/()NOE SI M( 2,525,178.19) 3505-15955 UNR.E S T RIC TED NIT POS I TI ON' 1 114,989.001 Tr1TAI 50IA I N01 NE. EpOI T7' ( 2,64 0,145.190 vyrAL, REVENUE ( 1,88.5,005.05 TOTAI,, EXPENSES 1 3.68,030.05) REVENUE OVER/(UNDER I E)(E EN SES ( 1,316,569.95) TOTAL SON t TY )),, OVER)(()NEER) ( 3,95/.115.14) 7-12-20LR 09H3 AM CITY OF WYLIE BASE:: 2 BALANCE SHEET AS OF: jUNE 30TH, 2016 '322-GEM LONG TERM DENT (REDO) ACOOHNT# TITLE -- - ---- TOTAL LIABILITIES, EQUITY OVER/(SNDER) 30,663„00 P ?-12 )16 09;.. Nt AM CITY OF rwriLEF., REVENUE AND EXPENSE REPORT - (UNAUDITEW AS OF: JUNE 301H0 2016 Iti-wyhrg Feovomrc DEVEN CORP FINANCIAL SUMMARN CURRENT CURRENT' PRIOR YEAR. Y-T-D E-TD RUDGET ',A. Or AUDGET PERIOD Pt ADjUST, ACTUAL ENCUMBRANCE BALANCE BUDGET REVENUE SUNNARY TAXFN 2,25L829„00 180,1'14.2.') 0.00 1,330,889.98 0,00 MD, UP 58.'6 INTERGOVERNMENTAL REV, 0,00 0,00 0.00 0.00 0.00 0,001 0.00 INTEREST ,"..NCONE 12,968.00 i,111„17 0.00 g.0,106.25 Cl. III 2,851 .Y5 rJ,99 MISCELLIMEOUS INCX,ME 141,200,00 400,00 0,00 i 1,589,828„1".0 0.00 1 731,028.17 12i, II- OTHER FINANCING SOINRCES (Loa 100418.0o 0,00 1,715,418,op a.(11 I 1,71.5,478.00) I.Al TOTAL REVENUES 2,411,98'1.00 211,242.36 0.00 1,466,646,06 0,00 945,340.94 60,81 EXPENDITURE 51/14M7',RY DEVELOPMENT CORP-WEDC '3,858',411„00 129,210.,' 47 0.00 1,701,130.92 1„.1A,8.36 2,15'5,941.72 44.12 TOTAL EXPENDITURES 3,858,4111.00 1,29,)l A 47 0„00 1,701,I 30„92 1,338_36 2,P55,941.72 44.12 REVENUE OVER/(UNDER) EXPENDITURES ( 10446,424,001 83,034,89 0.00 ( 234,484.86$( 1,338.16$ 1,,fl 00..600.78) 1,6,it,,) ,:. 7-12-2016 09:35 AM CITY OF WYLIE PAGE 2 REVENUE AND EXPENSE, REPORT - (UNAUDITED) AS OF: JUNE 30TD, 201.6 111-451 IE ECONOMIC DEVEL CORP REVENUES CURRENT CURRENT PR TOR YEAR Y-T-D BUDGET %, OF BUDGET PERJOD PO ADJUST, ACTUAL ENCUMBRANCE BALANCE BUDGET Tq'TS. 4-000-40150 REV IN LEIU OF TAXES 0.00 0.00 0.00 0.00 0.00 0,00 0.00 4000-40210 SALES TAX 2 25% 829.00 180,194,19 0,00 1330,889.98 0.00 926,939.02 58.95 TOTAL TAXES 2,257,829.00 180,194.19 0.00 1,330,089.98 0.00 926,939.02 58.95 INTERGOVERNMENTAL REV. __..................... ...................................... .......__ 4000-43518 380 ECONOMIC AGREEMENTS 0.00 0.00 0.00 0.00 0,00 0.00 0.00 TOTAL INTERGOVERNMENTAL REV. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 INTEREST INCOME 4000-46050 CERTIFICATE OF DEPOSIT 0.00 0.00 0.00 0.00 0.00 0,00 0.00 4000-46110 ALLOCATED INTEREST EARNINGS 1,000.00 173.68 (1,00 1,137.84 0,00 ( 131,84) 113.78 4000-46140 TEXPOOL INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-461.43 LOGIC INTEREST 0.00 0.00 0,00 0.00 0,00 0.00 0.00 4000-46150 INTEREST EARNINGS 3,817.00 276.01 0.00 2,590.69 0.00 1,226.31 67.87 4000-46160 LOAN REPAYMENT (PRINCIPAL) 0,141_00 720.48 0.00 6,377.72 0.00 1,763.28 78.34 4000-46210 BANK MONEY MARKET INTEREST 0.00 0.00 0.00 0.00 0,00 0.00 0.00 TOTAL INTEREST INCOME 12,958.00 1,1V0.1% 0.00 10,106.25 0.00 2,851.75 77.99 MISCELLANEOUS INCOME 4000-48110 RENTAL INCOME 141,200.00 400.00 0.00 92,300.00 0.00 48,900.00 65,31 4000-4031A RECOVERY - PRIOR YEAR FXPEN 0,00 0,00 0,00 0.00 0.00 0.00 0.00 4000-48410 MISCELLANEOUS INCOME 0,00 0.00 0.00 ( 100.00) 0.00 100.00 0.00 4000-48430 GAIN/(LOSS) SALE OF CAP ASS 0.00 0,00 0.00 ( 1,682,028.17) 0,00 1,682,028.17 0.00 TOTAL MISCELT,ANEOUS INCOME 141,200.00 400.00 0.00 ( 1,589,828.17) 0.00 1,731,028.1% 125.94- 010ER FTNANCTUO SOURCES, 4000-49160 TRANSFER FROM GENERAL FUND 0,00 0.00 0.00 0.00 0,00 0.00 0.00 4000-49325 BANK. NOTE PROCEEDS 0.00 0,00 0.00 1,685,000.00 0,00 ( 1,685,000.00) 0.00 4000-49550 LEASE PRINCIPAL PAYMENTS (0 0.00 0.00 0.00 0,00 0,00 0.00 0.00 400049600 INSURANCE RECOVERIES 0,00 30,478.00 0.00 3(1,478.00 0.00 ( 30,478.00) 0.00 TOTAL OTHER FINANCING SOURCES 0.00 30,478.00 0.00 1,715,478,00 0.00 ( 1,715,478.00) 0,00 TOTAL REVENUES 2,411,907.00 21.2,242.36 0,00 1,466,646,06 0.00 945,340.94 60.81 7-12-2016 0935 AM CITY OF WYLIE PACE 3 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: DUNE 30TH, 2016 111-WYLIE ECONTOMIC 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 56.11-51110 SALARIES 238,052.00 1.9,257.70 0.00 162,405.74 0.00 75,646.26 68.22 5611-51130 OVERTIME 0.00 0.00 0.00 0.00 0,00 0.00 0.00 5611-51140 LONGEVITY PAY 1,073.00 0.00 0.00 1,021,00 0.00 49.00 95.43 56.11-51145 SICK LEAVE BUYBACK 0.00 0.00 0.00 0.00 0,00 0,00 0.00 561.1-5.1160 CERTIFICATION INCENTIVE 0.00 0.00 0.00 0,00 0.00 0,00 0.00 5611-51170 PARAMEDIC INCENTIVE 0.00 0.00 0.00 0,00 0,00 0.00 0.00 5611-51210 CAR ALLOWANCE 12,600.00 986.18 0.00 8,813.81 0,00 3,786.19 69.95 5611-51220 PHONE ALLOWANCE 4,656.60 0.00 0.00 3,192.00 0.00 1,464.00 68.56 561.1-51230 CLOTHING ALLOWANCE 0„00 0.00 0.00 0.00 0,00 0.00 0.00 5611-51260 MOVING ALLOWANCE 5,000.00 0.00 0,00 0.00 0,00 5,000.00 0.00 5611-51310 TMRS 36,677.00 2,988.66 0.00 24,966.65 0,01 11,710.35 68.07 5611-51410 HOSPITAL & LIFE INSURANCE 38,107.00 2,529.36 0,00 20,1.42.38 0,00 17,964.62 52.86 56111-51415 EXECUTIVE HEALTH PLAN 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51420 LONG-TERM DISABILITY 1,357.00 77.01 0.00 673.58 0.00 683.42 49.64 5611-51440 FICA 15,607.00 1,237.14 0,00 8,313,16 0,00 7,293.84 53.27 5611-51450 MEDICARE 3,650.00 289.33 0,00 2,439.36 0,00 1,210.64 66.83 5611-51470 WORKERS COMP PREMIUM 663.00 0.00 0.00 637.47 0,00 25.53 96.15 5611-51480 UNEMPLOYMENT COMP (TWC) 810,00 0,00 0.00 513.00 0.00 _ 297)°° 6.1.35137 TOTAL PERSONNEL SERVICES 358,252,00 27,365,40 0,00 233,121.15 0.00 125,130.85 65.07 SUPPLIES 5611-52(110 OFFICE SUPPLIES 3,500.00 )48.58 0.00 1,486.1.6 0,00 2,013.84 42.46 5611-52040 POSTAGE & FREIGHT 980.00 0,00 0.00 46.58 0.00 933.42 4.75 5611-52130 TOOLS/ EQUIP MON-CAPITAL) 0.00 0,00 0,00 0.00 0,00 0.00 0.00 561152810 FOOD SUPPLIES 2,000.00 204.96 0.00 1,045.05 0,00 954.95 52.25 S611-52990 OTHER 5 000.00 0,00 0,00 0.00 0,00 5,000.00 0.00 TOTAL SUPP7 E3 11,420.00 55.1,54 0,00 2,577,79 0.00 8,902,21 22.45 MATERIALS FOR MAINTENANC 5611-54630 TOOLS & EQUIPMENT 0.00 0.00 0.00 0.00 0,00 0,00 0.00 5611-5481.0 COMPUTER HARD/SOFTWARE 3,000.00 75,00 0.00 3,870.15 0.00 ( 870,15) 129,01 5611-54990 OTHER , 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL MATERIALS FOR MAINTENANC 3,000.00 75.00 0.00 3,870.15 0.00 ( 870.15) 129.01 CONTRACTUAL SERVICES 5611-56030 INCENTIVES 2,01.2,414.00 0.00 0,00 1,281,647.53 0.00 730,766,47 63,69 5611-56040 SPECIAL SERVICES 112,900.00 33,671.48 0.00 120,780.94 0.00 ( 7,880,94) 106.98 5611-56080 ADVERTISING 35,280.00 3,155,00 0,00 19,598.00 0.00 15,682,00 55.55 5611-56090 COMMUNITY DEVELOPMENT 47,250.00 112.99 0.00 29,262.01 524.39 17,463,60 63.04 5611-56110 COMMUNICATIONS 5,960.00 169.53 0,00 4,236.87 113.97 1,609.16 73.00 5611-56160 RENTAL 29,400,00 2,444,00 0.00 23,096,68 0.00 6,303.32 78.56 5611-56210 TRAVEL & TRAINING 29,450,00 4,556.64 0.00 21,058,69 700.00 7,691,31 73.68 5611-56250 DUES & SUBSCRIPTIONS 18,890.00 2,042,86 0.00 9,946.54 0.00 8,943.46 52.66 5611-56310 INSURANCE 4,310,00 0.00 0,00 2,1.49.31 0.00 2,160,69 49,87 5611-56510 AUDIT & LEGAL SERVICES 23,000.00 300.00 0.00 12,498.00 0.00 10,502,00 54.34 5611-56570 ENGINEERING/ARCHITECTURAL 20,000.00 0.00 0.00 9,842.21 0.00 10,157,79 49.21 5611-56610 UTILITIES-ELECTRIC 4,500.00 127.19 0.00 3,577.10 , 0.00 922,90 79,49 TOTAL CONTRACTUAL SERVICES 2,343,354.00 46,879,69 0.00 1,537,693..88 1,338.36 -804,321.76 65.68 7-12'2016 0e.35 ^m czrs OF WYLos ruao' 4 moVEmvo AND oXesmoo asaoaT - (nmavuzcoo` AS CF. Jowc aorm' 2016 Iu-w,�zE ocowmyzc oovo� CORP oovoLocmowr coae-wooc oarAorMENzuL mxeomozronoo Cooamwr cunanwr pxzon YEAR v-I-n x-r-n aoosEr * on aoocsr poaroo po auauor. ycrnpz oncnpmRAmco o^�mmco anoGor __ _ _________________________________ 5s1�-bu10 ooar oonvzcs 686,925.on 0.00 o.on 0.00 0.00 686'825�00 0.00 561.1.-5/410 cozmczea.T., eaYammr u.uu 40'403�29 0,00 36-7'684..68 0.00 / 3*7,o84.68) o^oo 561z-57415 zmzoeoxr mxpomsn 0,00 12'235�18 o.uo 9e'247 zn o�oo 99'24-1 cn> n'oo 561.1-5�710 n^o noa` mzoomoo ___-�I0 --- su'eo�«r ono 4ss'ya�.00 o on z�p,nv3�1z 67 pv CAPITAL UU77,^Y 561 1-5811.0 LAND PURCHASE pazco zoo'noo.on .150'963..50 o.*n 1'9.12'637..00 0.00 /''/z2'63-�.on) 13:6,32 5611-581.20 osnoLocmomr Foos n�no 0,00 0.00 o�nn 0.00 v.mn u'ou sszz-rnzso Lxmu-amT`mmxomza 0.00 0,00 o.uo o�ou m,ou *.uo 0.00 56/1-5a210 ormoera & aTJ,o,x n�oo o.nn o.00 0.00 o�vo w.uo o.00 sszz-op«,10 nonoR 0,00 o.no u.vn 0,00 e.ou o.on 0,00 56z1.-58810 cuMrocma uaao/nurrnmmo »'noo.on z,6*5�37 0.00 6'328�19 0.00 3,y28.19� zzn.no �,sz1-uvoao romwzromm & FIXTURE z,00n oo 0,00 n.vo 1,343.0z o.on 1,1su.*9 e.72 561./-58910 au LLD zwcn onn'000.on o'nn u'oo o.no 0.00 zsa,moo.00 u.oo b6z1-58995 cnmzou cuezraL oozLuY 0.00 ��l��0� £=�0 �-2,4�.3�2.33) g,00 � 6�"Ll �� _0�0 roruL ouezrxL ourLeY 455'500.00 �'ons�3r 0.00 ( 543,063.93/ n�vo 998,563�93 zzy.zz r/ua FINANCING (USEoL ooz1-ss1.zz zaamopoo rn csmsaaL romo n�on n.nu 0100 o.on n.nn 0.00 0,00 5611.-591.90 reuwnron To ruonoGarxpo zmp 0.00 o.00 o.ou o.00 o,on n�on n.ou 561 --5oAso rR AmorEe TO opoz,^c Fomo o�nn u.nu 0,00 o,ou 0,00 0.00 o.uu 561.1-s9e90 cnoumcr aocuom'l1'zmo 0.00 0.00 _____n=�. __--__�� _ -�_�,�� 2 _�� ------ TOTAL uraou rzmxwozmn �onon� 0.00 0.00 o.vn 0,00 o�oo 0.00 0.00 ----------TOTAL DEVELOPMENT 0000Lnm°omr coac-mom; s'n!)n'«zz.on ,zs'zo,.m n.no z'mz,on,se z'33o.3* 2,15 5'941.72 44.o coraL oxromozrnmou 3'858'4.11.00 12*'207.47 0.00 1'701'130�92 1'338�/6 2'155'9*1,72 44.12 vo«owno OVER /nmnnn/ ox,omozrUREo / 1'446'424�00) nz.00^�op o�on , 234'184.86) ( 1'33v�36) 1'210'600�78/ zs.ao ^°~ mmo nr amrua` ^^^ '7-1.2-201.6 e,37 my o o r a z c T, z o c z w u ewnE, ` romo , 111.-wzLzo ocomnmzc omvoT, oure ponoo TO oso: .3uo-2011.6 77ono um-2o10 oorr , 611. oovozupMomr oOmr-wEou acnnowzs, os,11-o2om I.mm 56�1-5ue10 pusr DATE' �auu x oomrammoo vowu zwn/Jm w mnro �~��x~mmmc��~ ~�~~ax�mco~==- —^----------------------------------------------------~-----`-------------------- ssz.1-sznzo nrrzco nvreLrso a o s z m N z w o a a L a IN r o 1.'1.3��5a 6/1.3/1.o a/o xsoauz oum, 082612 11 somEr coeIou paeEa 002031. 21498 «e�ou 1.,�e� sa 6/2v/16 7/1T as2syz zonuz aE24229 mucL^nn Jo# ozouzx 500�vuoa 686�56 s/zo/za s/zv ^mzys nrr, 0001.50 82087 rc^m aoouo 00091/ 827 7 mxs�o ezGnwz 282�68 psp�za 6/20/1.6 s/zo u611.95 Di-r, vovi.sn 82u87 r*ao FOR zcam onoao oonszz 82'�7 aazzs Wsoamr y"`o e?n.ns 6/20/16 e/zo u61.1145 orT, uovzon 82081 ruIDs roa zcum 000uu 000912 827 7 mA.Yza wzoamT �.zu 986.16 o/zu/z^ a/zo a61.1.e5 orr, uunzon ouon/ rnoc nooa 00091.2 az�'? Mmzzo w,sxur 500.00 1,*n6.zs Jumo vc`zvzrz oa, a«u�so ca, soo'ooca 34o.58 ----------------------------------------- -......--------------------------------------------~--------- os1-z-5zo4n eunT*co & ruozoez B o n z m u z m u a A. L a m r m 46.58 ��---------------------- --------------------------------------------- so1 1.-5z�30 rouua/ 000zp (mpm-cperr*L) o o c z m m z w a 0 AL u m c o o.ou _____________________________________________________________ oa,/ s2161) '11ooLu/ oonze - $zno-*yy+.vo a s c z m m z w s a a L x w c E 0.00 ------------`------------------------------- --------------------------------------------------- 5 611-5281.0 Fouo overIzoa a E c z m n z m s o u L x IN u s 840,n9 6/20/16 s/zn ^61195 onr, 000150 azno, wouo auo mrG 111oAc onoe'z 8277 pmz1.6 wznxwz 15'91 8561100 6/20/16 */zn x61.195 orr, 0001.00 nzoor Wooc aRo oro mox� 00091.2 pz'�r mxz16 wznawz 9.95 o*s.ns o/zu//a 6/22 ^6/^66 cuu, oaaa^a 82161. rc^m Lvmzumom oum ,u oouaaz /04431.1. wEoc oa,zo 1.,045.05 -~�-~~~~~~". JowE acrzvzrr oa� 204.96 ("n: 0.00 204,n6 ------------------------------------------------------------~---------- -------'-------'--'------- so/' 5rypo uraEo n F c z m m z m G a x L u m c E 0.00 _____________________________________________________________________ sa/1-1)«azn rooLa * 000zpmomr DECINNING u ^ c a m c a Mu -----------....------------------------------~ ~------------------------------------ oszl.-S«azo oomeormu aaRo/nurronom a m G z m m z m o o A. � a m c o a'r�-)s.15 o/24/1.6 a/zo a61.641. cau, noznan 82222 noe«Im zmzonmor CON mm' u03339 1.01.9 wl:oo �sou a'n'�uA.s Jnso ucczvr,Y oa, 75.00 ca. o�uo 'V, nn 7-12-2016 937 Afq DETAIL LISTING PAGE 2 FUND 111-WYLdE ECONOMIC DEVEL CORP PERIOD TO USE: Jun-2016 THRU jun-2016 DEPT 611 DEVELOPMENT CORP-WEDC ACCOUNTS 5611-52010 THRU 56U-56910 POST DATE TRAN #- REFERENCE 5611-54990 OTHER BEGINNING BALANCE 0,00 5611-56030 INCENTIVES BEGINNING BALANCE 1,281,647.51 5611-56040 SPECIAL SERVICES BEGINNING BALANCE 87,109.46 6/01/16 6/0.1. A59895 CHIK 082459 8161.5 RESTR BART PEDDICORD 003420 923697800 8,336,63 95,446.09 6/01/16 6/01. Al9896 GH1‹. 082459 91615 RESTR 106 N BIRMINGH 003420 923698000 2,759.85 98,205.94 6/01/16 6/01 1159897 CHK. 082459 81615 RESTR 207 INDUSTRIAL 003420 923696100 3,122,85 101,328,79 6/01/16 6/01. 1159898 0111.C. 082459 81615 RESTR 211 INDUSTRIAL 003420 923698200 3,001,85 104,330.64 6/01/16 6/0.1. A59899 OHK 082459 81615 RESTR 212 INDUSTRIAL 003420 923698300 3,122.85 107,453,49 6/01/16 6/01 A59900 CHK 082459 81615 RESTR 210 INDUSTRIAL 003420 923698400 2,638,65 1.10,092.34 6/01/16 6/01 A59901 0.13K 082459 81615 RESTR 605 COMMERCE 003420 923701900 5,179.85 11.5,272.19 6/07/16 6/07 A60249 CIIK. 082534 81768 810W-WAGS LOT 001173 0525,16 60.00 115,332.19 6/07/16 6/07 A602.49 CHK 082534 91768 MOW-COOPER CURVE 001173 052516 60.00 119,392.19 6/07/16 6/07 1160245 CHK 082534 81768 M014-DUEL PRoD 001173 052516 60.00 115,452.19 6/07/16 6/07 A60249 CHK 082534 81768 202-000H 001173 052516 40.00 L15,492.19 6/07/16 6/07 A6024.9 011K.: 082534 81768 MOW-HWY 78 001173 052516 100,00 115,592.19 6/08/16 6/06 1160330 031Ie: 082561. 81793 605 COMM VC6- WEDC 001320 VCP0039005 MAR16 402.50 115,994.69 6/21/16 6/21 A61376 011K:: 082820 82129 040W-HWY 78 001173 060916 120,00 116,114.69 6/21/16 6/21 1161376 011K. 082820 82129 MO1I-WALGREENS LOT 001173 060916 60.00 116,174.69 6/21/16 6/21 1161376 CHIC 082820 82129 MOW-DUAL 01/0111. 001173 060916 60,00 116,234,69 6/21/16 6/21 A61376 CHK. 082820 82129 MOW-POST OFC LOT 001173 060916 120.00 116,354.69 6/21/16 6/21 1161376 CIIE 082820 82129 MOW- COOPER CURVE 001173 060916 60.00 116,414,69 6/21/16 6/21 1161376 CMK 082820 82129 MOW-UDOH 001173 060916 40.00 116,454.69 6/22/16 6/22 A61431 CHK 082826 82156 OTLY POST CONTROL 000792 76099 95,00 116,549,69 6/22/16 6/22 A61432 CHIC 082831 82156 JANITOR SERV - WEDC 711111 002330 60341. 157.50 116,707.19 6/27/16 6/28 1161750 OHM: 082901 82267 M0W-1(2N 78 001173 062116 120.00 116,827,19 6/27/16 6/28 1161750 1:;11T4: 082901 82267 MOW-UDOH 001173 062116 40.00 116,867.19 6/27/16 6/28 1061750 0.HK 082901 82267 MOW-DUAL PROD 001173 062116 60.00 116,927.19 6/27/16 6/28 1161750 011IK. 082901 82267 MOW-COOPER 118. CURV 001173 062116 60.00 116,987.19 6/2.7/16 6/28 A61750 (HP: 082901. 92267 mow-LOT NEXT Ti WAGS 001173 062116 60,00 117,047.19 6/27/16 6/28 1161761 111I,C 082904 82267 ((WY 78 V STUN 003292 SNP-5368 727.50 117,774.69 6/28/16 6/28 116I765 001/. 082908 82267 Fill' PHASE I ESA 004337 21850 01459.005 2,500,00 120,274.69 6/28/16 6/28 A61765 CBK 082908 82267 605 COMM - APAR 004337 21850 01459.005 195.00 120,469.69 6/28/16 6/28 A61765 CHR' 082908 62267 605 COMM - MSD 004337 21850 01459.005 221.25 120,690.94 6/28/16 6/28 A61765 CHK. 082908 82267 605 COMM-3.ND AIR .,AM 004337 21850 01459.005 90.00 120,780.94 ..,..,..... .,....rn JUNE: ACTIVITY: DIlt 33,671.48 CR: 0.00 33,671.48 7-12-2016 937 AM DETAIL LISTING PAGE 3 FUND III-WYLIE ECONOMIC: DEVEL CORP PERIOD TO USE' Jun-2016 THRU Jun-20I6 DEPT 611 DEVELOPMENT CORP-WEEC ACCOUNTS 5611-52010 THAM 5611-58910 POST DATE TRAM If REFERENCE 5611-56080 ADVERTISING BEGINNING 1) A, LANCE 16,443.00 6/20/16 6/20 A.61154 DEM 000150 82079 IEEIC ICON EXCEL APP 000912 6277 MAY16 GREINE 100.00 16,543.00 6/23/16 6/23 A61534 CHIK 082856 82196 IN/AROUND AD-NEW CMRS GD 000391 11.703 WEDC 1,555.00 18,098.00 6/23/16 6/23 A61535 G.H1K 082857 82196 CONNECTION J015E/J01N. 16 000468 7763 1,500.00 19,596.00 Cl/NE 2\CIpflT? Do 3,155.00 CR, 0.00 3,155.00 5611-56090 COMMUNITY DEVELOPMENT BEGINNING BALANCE 29,149.02 6/22/1.6 6/22 A61429 Ci11< 082833 82156 FLWRS - JODIE LAUBEN SUR 000386 7991 6567 112.99 29,262,01 JUNE ACTIVITY DE. 112.99 CR. 0.00 112.99 5611-56110 COMMUNICATIONS BEGINNING BALANCE 3,767.34 6/08/16 6/06 A60342 CNN: 082554 81793 INTERNET SVC-WEDC 004568 9891201105 14Y25-jU 195.01 3,962.35 6/20/16 6/20 A61178 DET C00150 82081. TELEPHONE SERVICE 000912 8277 MAY16 SATTERW 160.55 4,122.90 6/21/16 6/21 1661378 01(6 082822 82129 TABLET SERV - WEDC 001797 82249579907 MAY16 113.97 4,236,87 DB° 469.53 C,R, 0.00 469.53 5611-56160 RENTAL BEGINNING BALANCE 20,652.68 6/21/1.6 6/21 A.61345 (INK: 082801 82120 COPIER RENTAL, 003509 93619 WEDC 1.94.00 20,846.68 6/24/16 6/24 1661.654 CHIK 082875 82226 RENT - JULY' 2016 003231 062016 31ULY16 2,250.00 23,096.68 jUNE ACTIVITY DO: 2,444.00 Cli., 0.00 2,444.00 5611-56210 TRAVEL & TRAINING BEGINNING BALANCE 16,502.05 6/20/16 6/20 A6I154 DFT° 000150 82079 ICSG RECON-DRINF, 000912 8277 M13Y16 GREINE 8,65 16,510.70 6/20/16 6/20 A61154 DPP' 000150 82079 ICSC-GREINER, LUNCH 000912 8277 MAY16 ORIOINP 20.24 16,530.94 6/20/16 6/20 A61154 DFT 000150 82079 )CSC CAB - GREINER 000912 8277 MAY16 GORING 29.83 16,560.77 6/20/16 6/20 A61154 OFT: 000150 82079 ICSC CAB-GREINE,R 000912 8277 MAILS GREINE 28.00 1.6,588,77 6/20/16 6/20 561154 DET° 000150 82079 ICSC CAB-GREINER, 000912 8277 MAY16 GREINE 23.10 16,611.87 6/20/16 6/20 A.61154 DST: 000150 82079 ICSC CAD-GREINER 000912 8277 MAY16 GREINE 22.25 1.6,634.12 6/20/16 6/20 A61.154 DEl: 000150 82.079 ICSC - GREINER, MEAL 00091.2 8277 MAY16 GRETNE 7.55 16,641.67 6/20/16 6/20 A61.154 OFT 000150 82079 II SC - GREINER MEAL 000912 8277 MAY16 MARINE 6.47 16,648.14 6/20/16 6/20 A611.54 DFT 000150 82079 :CSC GREINER (46/IL 000912 8277 MAY16 GREINE 14.35 16,662.49 w 7-12--2016 937 AM D E T A. I L L I :1 T I N c' CAGd6. 4 FUND 11.F-WYLIE ECONOMIC DEVEL COMP PERIOD 10 USE, Jun-2016 THRI1 June-2016 DEPT 6:11. DEVELOPMENT coR -KF..;DC A:r.UUCIT. 56:1.1-52010 TH.R(1 .7-1:.1--58910 71017' DATE TRAM 3 REFERENCE PACK1,I= ,= D[.SC 611'1'iON- -- VEND TNV/CIE # CI(.T7"fs; AMUIINT --- --614,LANCC-=== 6/20/16 6/20 A.61154 II:FT 000150 82079 :ICSC CAB - GREINER 0009:12 8277 MAY16 (;FYEI.NL 23.10 16,685.59 6/20/16 6/20 A.611_i4 DPT 000150 82079 :ICSC (,IB GRI1;NLR 0009:12 8277 MAY16 ONLINE) 16.:1.4 16,70.11..73 6/20/16 6/20 A.61.1. i4 DPT'.. (1001.50 62079 MEAY CRETN/CIE.,/YE11C, 00091.2 82'77 MAY16 (:;RG:INE 64,38 16,786.1.1 6/20/16 6/20 A.61154 I)R1'':' 000L50 82079 LCSC GREINI,6 MEAL 0009:12 8277 MAY16 C)I:<6:1NE 8,63 1.6,794,74 6/20/16 6/20 A61151 LIFT: 0001.50 62079 I.C>C GREI:NER 100[.) 00091.2 6277 MAY16 31EINE 8.00 16„602,74 . .. 6/20/16 6/20 A.61119 [:)FT. 000150 62079 :lY:'3(, CAB-Glkl?1N:4ZR 006912 8277 MAY16 G(i1:ETNI�; 1'l..!iil. :16,820,25 6/20/16 6/20 A61.1.78 OFT:: 0001.50 82081. ICSC 1,11C1G'A;E JA.1TER. 000912 8277 MAY16 S71"I1'ERW 60..00V 16,.8H0.25 6/20/1.6 6/20 A.61178 DOT.: 000150 82081 ICSC MEAL. .... 5 0009.12 8277 MAY16 EATTCI4W 240.00 1.7,IL20.25 6/20/16 6/20 A.61178 EFT 000:I`'i0 8208.1 :I(:.SC MEAL - 6 000912 8277 MAY16 7AC'PER.W 150.00 17,470.25 6/20/16 6/20 A61178 IDP'1'; 000150 82081 ICSC ,,ATI:/['CILIA GOPF 0(10912 8277 MAY16 :;P.N(i•'I3.W 11..75 17,482.00 6/20/16 6/20 7).61178 114 .: 00(.11.50 82081E I08C ,SAT'PI,I2. 4.`,E2E71K'. 000912 8277 M.AY16 4A"C'1.li;R.Inf 14,87 1.7„496,87 6/20/.16 6/20 A61:1.78 D.GT.' 000150 820131 ICSC MEAL-6 000912 8277 MAYI6 SA'TOER.W 152..02 17,646.89 6/20/16 6/20 A611 78 DET: (100:1.50 82031 IC.SC. MEAT, 5 000912 82777 MAY16 13A7TERK 312.46 1..7,96'1.:35 6/20/16 6/20 A.61178 I)FT 000150 82081 1:C44 SATTE LUGGAGE; 000912 8277 MAY16 :iA`C'CEFk.lyd 60,00 1.8,021..35 6/20/16 6/20 A61197 DfT,: 000.150 82087 MTG -RETAIL 411E-IC:SC 000912 8277 MAY16 MY'(3ANT 25.16 16,046.71 6/20/16 6/20 A611.95 DCI 0O0150 82087 IC(O HOT DEV. GRE.1.NER 00091.2 8277 MAY16 UMY0AN9' 282.24 18,328.95 6/20/16 6/20 A611 9 5 OFI 000150 82087 ICSC-HOT 7)E FUIL,LE R 000912 8277 MAY16 INYC/ANT 188,16 18,517.11 6/20/16 6/20 6.61.1.95 1/31'Tc 00(115(1 62(167 SEAT AS:iTCN IkJ E;la f: 000912 8277 MAY16 IdYG11i.NT 17.,(6i 10,534.77 6/20/16 6/20 A.61195 0FT: 000150 82087 SEAT ASSIGN " HO07/6 000912 8277 MAY16 GBYGANT 4.7,93 18,582.70 6/20/16 6/20 A6119 i 017I'. 000150 82.067 CAR .. HOGUE 000912 8277 MAY16 I/YGAN'T 80.69 18,663.59 6/20/:I6 6/20 A.61.195 1'1Y'I', 000150 82087 ICSC HOTEL-YEAC,li/ 000.9:12 8277 MAY16 WYGANT 599.20 .19,262..79 6/20/16 6/20 /101(95 OFT. 000lsO 82067 HOTEL-FULLER 00091:2 8277 MAY16 WYC.ANT 202.72 :1.9,465.51 6/20/:16 6/20 A6:1195 OFT 0001.50 82097 ICSC VOTE;:(.,-OLLIC 00091.2 8277 MAY16 WYGAN'T' 844.48 20,309.99 6/20/16 6/20 A61195 OFT: 000150 8208E 1CSC, HOT-GREINER 00091.2. 8277 MAY16 WY.GAN'1:' 562.24 20,872.21 6/21/1.6 6/21 A.6:132:3 C171C: 082799 8211'7 06(1716 COFFEE 000317 060716 COE/TA.XI 2.70 20,874.93 6/21/16 6/21 A.6.1.323 CHIT:: 062799 82117 060716 1(1)11700 000317 060716 1O[/TA.Y,I 18.9.00 21,063.93 6/27/16 6/2i3 C52258 RCP':I 00777120 21175 REIMBURSEMENT FOR 1,17Al-3T::LC[('. 5.24C:;R. 21,058.69 .-- -^----, JC1140 ACTIVITY' 1'l3; 4,561.68 CR.r. 5.24C12. 4,556,64 5611-56220 F"RFE-;SIONAIL, TRAINING BEGINNING BALANCE 0.00 5611.-56250 01/11':; & SUBSCRIPTIONS BEGINNING BALANCE 7,903.68 6/21)/16 7/11 8352391 14521 76.24229 RECLAiS JE4 024229 500..00 E1,40.3.60 6/20/16 6/20 661.178 OFT 000150 82081 PFi[L,.$TONWOO6 041ES 000912 8277 MA.Y16 9/0174683 637.86 9,04/..54 6/2(1/16 6/20 A.61.19.5 DF'I': (100:1.50 8208'7 IECC Dl3/"., 000912 8277 MAY16 ItIYGANT 405.00 9,416.54 6/20/:16 6/20 A.6:1195 OFT: 000150 82067 TEDC MEMBERSHIP 00093:12 8277 MA7(:.1.6 10YG1ANT 500.00 9,946.54 ,., °. rqm -;:,,,,, JUNE ACTIVITY DB: 2,042.86 CR: 0,00 2,042.86 .56:1.:1--56110 INSURANCE ' +12-2016 9,37 ^m o m 'I a r T� c z SIT, z w o puoo, s enmo : ��I.-nz]LIo soomnmzc DEVEL 000IP pmuzou To USE, Ji�m-uoza rauo Ju,~zoza ooez 11 osv��paEmr comP-WEon accnUNTo, 5611.-u201.0 rmm �szz-so»m posT, DA'rE rRAm * moronowcF: pzzow=~-- vmvo zmv/zm It wc�m ��^�nuwr�� ~��axLxmoo=::::== Ti m � I m IN z IN G o a � a IN c m 2'z49.31. ----------------------------- ------------------------------------------------------------------------------------- ----------_____ 5611-bsslu ^nnz, & 1,oaA.11, oomnzcon B IF, o z m w z m n o A L a m c o 12'1*0.00 s/oz/za s/zz «61426 cum, onuauo eczsn cp: oumSucrxrzom oonuzs 5 2/93-01071m 300.00 1.2,49n�nn �~~~~......~~~~~~ anms arIzvzrY oo, aoo oo cm. o on Hn,no ------------------------------------------------------'-------------------------------------------------- h6z1 56570 ommrmEErzu�/npuerrmorvc^I, a u CI z m m z m u n x � a m C E 9'842.21. -------------------------------------------------------------------------------------- ----`-----`-----`---`------ sozz-s6szu uzzLzzzoo-o�orcazu a o G z m IN z IN n o u L A. w c o 3'149.e1. 6/1.3/1.6 6/13 vsobn'l cnn, 082611- 81.912 or11,1711,n 003302 117/655189 ap5-mv4 »e.ez »'soe.e3 6/1.3/1.6 6/13 a60608 cuu, 082611 01.912 nrzLzczos-wurEc ooasnz 122-1.040-0� aRaz-a �s�pz a'r6o�64 6/13/1.6 G//3 asvonp cnu, 08261.1. 8191.2 nrzLzrzso-«ao 003,302 sua*zo`osa ue7-uz4 1.1.46 3,5��.1.0 1~~1-1—~~~-- Jvmo urrzvzT, oa, 12/ z* oR, o'no 127.19 -------------------------------I 000c nounzco o o G z m IN r m G a ^ ^ ^ m � o u oo ________________________________________________________________________________________ nn,1.-s7 41.0 ppzmcz�� pvYMmw` o o : z m m r m G a x L ^ IN c o szr'zoz as s/oz/1s a/os a�)zpns a"lk. 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T='zoza T'HIRU Jmn-zmn cmpr : a/ oonzLnrMsmT CORP-WEou accnnmzs. sau-sxnzn raxv sozz-soym msr DAIPo Tmw k mor000nou pA('xsz===~~ ooucmzprzum~==~ vomo zmv/ao o NUTm ~~~~~AMmnmr-~~ ~~~~onLAMcm~~~~ r,/28/16 '1/05 a52309 eok o.ft oazpza 1.4512 Jazozno aoc,'uma/RJAmDAzn rmr oos Jo* o24200 aoaAz *9'247.20 Jomo uczzvzry oa, 12'23�) 18 cu, .nu za'zss 1.e --------------------------------_______________________________________________________________________ 5611 sT/zo aao uoar oxromno DEGIINNING n u L ^ m c o 0.00 --------------------------------------------------------------------------------------------------------------------------------- saz1.-snzlo LAwn-runcuuun puzcn e m s z m m z m e a u u a w o o z'�az'6-73.50 6/1.4 aso K31 cnu, no2641 8z939 izz N. oaLLopo poacuxoo 003164 191350281.6 zc�),so�i,so 1.90/.sso.uu 6/15/1.6 7/1.1. oszspn 1.4520 zaz«aza oom ooe FOR, 1.11 m aAL, Too 024228 s'uoo.uu 1'9,12'6T�.nu -~�1~~^^~~~~~~~ Jomo ^uIJ.Irvzr, oa 150,963.50 cn, on /ou'sss,sn -------------------------------------------------------- -----------------------------~----- --------------- �uzz-so�zo oEvmLnpmomr rmoo a m s z m m z m c a a T� a w c o Mu -------------------------------------------------------------------------------------------------------- ------ sazz-ooz5o Lamo-uucTaDUAIEmzo e m c z m m z w a a a a u m c o n.00 --------------------------------------------------_________________ ---------------- --------------------------------- _______ saiz-unz10 araEoro u nJ,,M,u a o n z m m I m c a a I., x m c E uo ------------------------------------------------------------------------------------------------------^-----~-- 5s1.1--5o*zn o°wzrAnr oomoc o o u z m m z u c a « J'., a m c o o�oo ------------ ------------------------------------------------------------------------------- os 11-58n/0 cumporEe uxao/aoF'11'wup.E a o o z m m z m o a x T.., u m c E 4,6z3,02 a/zo/zs s/20 A.61154 orr, oon/so oxu/y MoFr o^co�, Wn voopo 8277 MAYIs Gmozmo zsz�no ^'oz^�yn 6/20/1.6 6/20 11,61.1-A oFr. ouozno 82079 oauoo rnmom LzcmmnE 0009/2 az// muzzs naozmo 1'44,3.5-� 6^268.*7 o/zo/ls *zn ^oz,s, nrr, 00015o 820/9 uFFzolE 365 nooyzz 8277 maxza oeozmm usLvz 6'329-a9 «omo xcrzvzrr na. .1'695.3` ua, o�uu L'a9s ar --------------------------------------------------------------------------------------------------------- sszz-5oa3o ropnzroam & FzxronEu a m o z w m z w o a L u m c E z,z«a nz 7-t2-2016 7 AM O ETALL LISTING PAGE: 7 FUND :' III-WYLIE ECONOMIC DEVEL COPP PERIOD TO USE: Tun-2016 TERM JU4-20L6 DEPT r, 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 591I-52019 TERN 6611-58910 POST DATE THAN M REFERENCE, EMMET-6-7,6DROGRIPTION6-99-6- VEND TEVYGE 0 NOTE 87699ANOUNT---- 6---DALANEE9G6 B611-589710 BUILDINGS BEGIINNIND BALANCE 0.00 GOO ERRORS tN rHts REPORT" REPORT TOTALS " --- DEBITS --- CREDITS --- BEDLNNTNE BALANCES: 7,63806O6.57 0.00 REPORTED AC1IV6TY: 261,319061 50,.:1,24cR ENDING BALPMCES: 36931,8E6074 0097,24ER TOTAL FUND ENDING BALANCE: 70931,382.10 n�r/ mw ooraz � crSrzwo ckc , n SELEC',rmw (7RITEnm ------------------------------------------- _________________________________________________ pzomc xo^p� nWl:-zu�u / svp-z*/v FUND; zuc�uue, u� psemn TO uus� z"m-zn1a rawu m*-zol.fi rPAwaA(,,',rlopu, rIOTa ----......-......----------------------------------------------------------------~~--------`----------------------------- ^cuowwz msLaCTzvm ^uoovwr pxmoo. 50,��,-52010 ronp s6z/^5e910 umpamTaonT aawua, - cuan - *crzvs Fovua ONLY: NO uCTzvo ^cruowT omT.r: mo /mCLums msmr*zcroa aoumwrs, wo ozczr yaLccTznm. -------------------------------------------------______________ ppzwr nprzo:m ooruz1, � m,rc xcooumMn oMa NO ^crzvzrs: NO peznr z140/,mmamcos mo pazmr vcnmum m^ma, NO eazxr exmOopTs. NO xuzmr JounmaL oxTar xorau. mv epzmc aowzuLz roracy^ YES rnzwr opAmv roruLy^ no ppzwr. zwvoIcs * PAGE oasuo BY: unmo ---------------^----~----`---------------- -- -----------------------------~-----^--- Wylie Economic Development Corporation Balance Sheet Sub Ledger June 30, 2016 Notes Payable Date of Rate of Principal Purchase Payment Beginning Bal. Principal Interest Interest Balance June 1, 2016 3,832,682.98 ANBTX-88130968 HUGHES/RANDACK(43 of 60) 10/23/12 10,107.00 176,962.29 9,498.69 608.31 3.99 167,463.60 ANBTX-88130976 WOODBRIDGE PKWY (#22 of 60) 8/15/14 13,267.93 737,519.03 11,161.36 1,657.57 2.61 726,357.67 ANBTX-88148481 BUCHANAN(#22 of 60) 8/13/14 7,331.95 268,725.91 6,487.70 844.25 3.77 262,238.21 ANBTX-88149711 PEDDICORD/WHITE(#18 OF 120 12/12/14 7,382.45 637,492.53 5,151.23 2,231.22 4.20 632,341.30 ANBTX-88158043 K&M/HOBART(9 of 48) 9/2/15 8,745.25 326,983.22 7,655.31 1,089.94 4.00 319,327.91 ANBTX-88157334 LINDUFF/EDGE(9 of 9 Interest onl) 10/21/15 5,803.89 1,685,000.00 0.00 5,803.89 4.00 1,685,000.00 June 30, 2016 $39,954.29 $12,235.18 3,792,728.69 Note: Principal and Interest payments vary by date of payment. * Balance adjusted $514.68 at payoff of ANBTX-88122627 (Martinez) Wylie Economic Development Corporation Inventory Subledger June 30, 2016 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. Hughes 7/25/06 211 -212 Industrial 0.74 209,801 10,000 420,361 R.O.W. 0.18 41,585 Prime Kuts 10/8/07 207 Industrial 0.20 182,223 4,550 229,284 R.O.W. 0.11 n/a 77,380 Cazad 3/17/08 210 Industrial 0.27 128,083 3,900 200,782 Buchanan 8/13/14 400 S. Hwy 78 1.25 Demo 503,233 Glenn 4/24/15 209 Industrial Ct 0.18 69,426 2,900 326,773 R.O.W. 0.12 n/a Mann Made 2/10/16 398 S. Hwy 78 1.23 Demo 750,244 C.O.W 4/13/16 R.O.W. 0.29 n/a 52,653 2,602,295 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 20,000 386,380 543,200 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 12/12/14 108/110 Jackson 0.35 155,984 4,444 486,032 City Lot 12/12/14 100 W. Oak St 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 na 150,964 1,117,956 Alanis White Property(Alanis) 12/12/14 Alanis 6.63 n/a 420,336 420,336 South Ballard Birmingham Trust 6/3/15 505-607 S. Ballard 0.95 Demo 409,390 409,390 Total 21.65 $1,433,599 62,424 $6,431,019 $6,431,019 *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. WEDC EXECUTIVE DIRECTOR J P MorganChase Expense Report May 2016 DATE PAYEE AMOUNT BUSINESS PURPOSE INDIVIDUAL/GROUPS PRESENT 06/02/16 Cytracom 160.55 Telephone Svc N/A 05/12/16 Prestonwood 637.86 Dues, Bus Mtgs, Prospect Recruitment April 05/20/16 American Airlines 60.00 Luggage Fees ICSC 05/21/16 MGM Grand -Shibuya 240.00 Business Meal- ICSC Satterwhite, 011ie, Hogue, Greiner, Yeager - 05/22/16 Capital Grill 350.00 Business Meal- ICSC Greiner, Yeager, Fuller, Satterwhite, Hogue, 011ie 05/23/16 Starbucks 11.75 Coffee-ICSC Fuller, Satterwhite 05/23/16 MGM Avenue Café 152.02 Business Meal- ICSC Greiner, Yeager, Fuller, Satterwhite, Hogue, 011ie 05/24/16 Aces (LVCC) 14.87 Business Meal- ICSC Satterwhite 05/24/16 Raos 312.46 Business Meal- ICSC Yeager, Hogue, Satterwhite, Greiner, 011ie -- ------------------_. 05/26/16 American Airlines 60.00 Luggage Fees ICSC -------------_---. TOTAL 1,999.511 _ _ I WEDC Assistant Director JPMorgan Chase Expense Report May 2016 DATE VENDOR PURPOSE ( AMOUNT 5/6/16 Microsoft Exchange Server 191.88 5/10/16 TEDC Application Fee- Economic Excellence 100.00 5/18/16 SalesForce Licensing Fee 1,443.57 ........................._ 5/20/16 Cantina Loredo ICSC Meal 20.24 5/20/16 Taxi ICSC Transportation 29.83 5/21/16 MGM ICSC Meal 8.00 5/22/16 Monorail ICSC Transportation 28.00 5/22/16 Westgate ICSC Beverage 8.65 5/23/16 Checker Cab ICSC Transportation 22.25 5/24/16 Whittlesea ICSC Transportation 23.10 5/24/16 Bonannos ICSC Meal 14.02 5/25/16 360 Gourmet Burritos ICSC Meal 14.35 5/22/16 Western Cab ICSC Transportation 23.10 5/23/16 Western Cab ICSC Transportation 16.14 5/24/16 Avenue Café Business Meal -011ie, Yeager, Griener 84.38 5/24/16 MGM Food Court ICSC Meal 8.63 5/25/16 Checker Cab ICSC Transportation 17.51 6/5/16 Microsoft Office 365-Addn'l User Fee 59.92 Total 2,113.57 WEDC Senior Assistant JPMorgan Chase Expense Report May 2016 DATE VENDORF-- PURPOSE AMOUNT 5/5/16 IEDC Dues 405.00 5/10/16 Jimmy Johns Business Meeting - Retail Coach 25.36 5/16/16 MGM Grand ICSC- Hotel Deposit-Greiner 282.24 5/16/16 MGM Grand ICSC- Hotel Deposit- Fuller 188.16 5/17/16 TEDC Dues 500.00 5/17/16 American Airlines Seat Assignment 17.66 5/18/16 American Airlines Seat Assignment I 47.93 5/20/16 Presidential Airport Transportation 80.89 5/23/16 MGM Grand ICSC - Hotel-Yeager I 599.20 5/23/16 MGM Grand ICSC- Hotel - Fuller 202.72 5/23/16 MGM Grand ICSC- Hotel -011ie (including Deposit) 844.48 5/23/16 MGM Grand ICSC- Hotel -Griener 562.24 5/30/16 Walmart Board Meeting Meal 15.91 5/31/16 McDonalds Board Meeting Meal 9.95 6/1/16 i FedEx Office IICAN Books 282.68 6/1/16 Walmart Office Supplies- Index Tabs (ICAN Books) 9.70 6/1/16 Walmart Office Supplies- Index Tabs (ICAN Books) 7.20 6/3/16 TEDC 'Membership Dues (Duplicate charge-refund check being issued 500.00 Total 4,581.32 WYLIE ECONOMIC DEVELOPMENT CORPORATION SALES TAX REVENUE FOR THE MONTH OF JULY 2016 MONTH WEDC WEDC WEDC DIFF % DIFF 2014 2015 2016 15 VS 16 15 VS 16 DECEMBER $134,371 $154,719 $166,418 $11,700 7.56% JANUARY 128,968 156,685 163,463 6,778 4.33% FEBRUARY 213,877 241,858 260,166 18,309 7.57% MARCH 121,483 171,741 167,082 -4,659 -2.71% APRIL 124,866 134,475 154,920 20,445 15.20% MAY 200,476 211,645 238,646 27,002 12.76% JUNE 145,137 161,426 180,194 18,768 11.63% JULY 149,537 159,973 212,620 52,646 32.91% AUGUST 193,751 216,962 SEPTEMBER 154,328 195,347 OCTOBER 152,545 160,876 NOVEMBER 213,292 226,078 Sub-Total $1,932,632 $2,191,785 $1,543,510 $150,989 10.84% AUDIT ADJ TOTAL $1,932,632 $2,191,785 $1,543,510 $150,989 10.84% WEDC SALES TAX ANALYSIS $300,000 .,... .... eeee ... _........ .. .��._�.........�...... ... m $250,000 - 1 ...�,__e,,, ......................................................_ .... ... ....... ___....__� $200,000 �. $150,000 .. ..�..... �015 R01 fi.. $100,000 $50,000 U N sa 2 Q U LL Q O N Wylie Economic Development Corporation MEMORANDUM TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: FY 2016 - 2017 Budget DATE: July 13, 2016 Issue {Remove from Table} Consider and act upon issues surrounding the FY 2016 - 2017 WEDC Budget. Analysis As shown on the attached detailed budget, the WEDC has $4,484,297 in available resources as follows: Beginning Fund Balance $465,686 Sales Tax 2,467,295 Note Receivable 11,958 Rental Income 72,600 Pad Sales 1,350,000 Infrastructure Participation 115,758 Interest Earnings 1,000 Total $4,484,297 The Beginning Fund Balance is reflective of significant expenses through the end of FY 15 - 16 including the purchase of property from FBC Wylie ($150,000), demolition of WEDC properties on Cooper Drive and Industrial Court ($237,000), incentive commitments ($170,000), a new project staff is pursuing which may involve a$200,000 expenditure in September,and debt service ($250,000). Sales tax receipts have been calculated by estimating a FY 15 - 16 year-end receipts at $2.35 mm and assuming a modest 5% gain for FY 16 - 17. Developed in conjunction with the City of Wylie Finance Department, projections are conservative by design so as not to be adversely affected by a downturn in retail sales. FY 2016 - 2017 Budget July 13, 2016 Page 2 of 3 Rental income has been greatly reduced from previous years with the redevelopment of the Cooper Drive/Industrial Court properties and the subsequent loss of 6 income producing properties (not including Mann Made and Exco). Conversely,the WEDC is anticipating revenue from the sale of a±1.5-acre pad site at the corner of Cooper and State Highway 78. Additionally, the WEDC is also negotiating for participation ($115,758) from the potential buyer for demolition of the Exco property and construction of the deceleration lane. Expenses are typically budgeted to equal total available resources. In the last twenty years the WEDC has not expended more than the total available resources. However, with the lowest Beginning Fund Balance in recent history, the Board may be faced with cutting certain programs should a significant project present itself To that end,funds could easily be reallocated to address an unanticipated projected at any time. For example, $400,000 could be reallocated from Incentives (future projects), Travel & Training, and various other accounts should WEDC priorities shift. The following provides detail within those accounts which include items over and above what is required or addresses a new program: There are no significant changes in Supplies other than the inclusion of$2,000 for WEDC pad folios distributed to clients and leadership Wylie classes which should suffice for at least two years. Also within Supplies the budget reflects a continued commitment of$5,000 for materials within the WEDC Small Business Center located in the Smith Public Library. Incentives reflects a budget of$1,174,019. Within this budget, $862,947 is allocated for ongoing WEDC commitments associated with sixteen projects. Within those sixteen projects, eight projects will conclude in FY 16— 17 freeing up $313,173 for the FY 17— 18 Budget. The Future Projects line item ($311,072) within Incentives represents uncommitted funds within the total budget to be used for incentive programs. Future Projects is significantly less that previously reported to offset a new project which will impact FY 15-16 and FY 16-17. Special Services includes general consulting services of$50,000 and an additional $50,000 for environmental services. While there are no new proposals for environmental services, staff anticipates various studies to be required for existing and future projects associated with Commerce, Cooper, and a new property staff will be recommending for acquisition. Advertising represents the largest increase over prior year's spending. Staff had reported during the June Board Meeting that the 4Most Business funding would replace general advertising for the Wylie Connection and Wylie News. As well, the Board directed staff to ensure that a greater emphasis was given to a regional marketing initiative from a budget perspective and staff commitment. To that end, staff has been meeting with the City Public Information Office (PIO) which is much more capable of coordinating a regional marketing effort and is eager to do so. However, over the last 30 days it has not been possible to develop an advertising campaign with line item deliverables. What has been discussed though is that to undertake a marketing initiative to promote Wylie within the Metroplex a budget of$100,000 is more realistic. FY 2016 - 2017 Budget July 13, 2016 Page 3 of 3 The approach will be to coordinate everything in-house with the PIO office taking the lead with program design and creative license, and then present the overall direction and budget to the WEDC Board of Directors for their approval. The PIO has assured staff that a plan can be put in place and rolled out in October/November. Staff understands that this is a significant departure from past budgets,but to be seriously committed to the goal of making Wylie more of a household name inside and outside Collin County a budgetary commitment is required. Within Community Development a Regional Brokerage event is budgeted to promote Wylie to 15 — 20 of the commercial brokers from the metroplex. Approximately 10 WEDC/City representatives will also be in attendance so it will be a much more focused event than previous broker focused efforts. In addition, there will be $5,000 budgeted for an Industrial Appreciation event focusing solely on local businesses. Also tying into the BRE Program will be participation in the Education Foundation Fit 4 Business event within which the WEDC will seek out multiple local businesses to participate. Also included within the Community Development budget is Sporting Events which includes 12 tickets to Mavericks games and participation by the WEDC in multiple fundraising activities. Within Travel & Training the only change from previous budgets is $5,500 itemized for certification classes (3) for the Assistant Director. The budget also continues to support registration,travel, lodging, and meals for the ICSC National Retail Conference. New within Debt Service are principal and interest payments associated with the Edge/Linduff project. Also new to the budget is debt service for Project DW2 which will be detailed more specifically within Executive Session. Finally, based upon the pending (and required) sale of a WEDC pad site on 78, staff is proposing Principal Reduction of$1,000,000. Land has been reduced from a previous presentation to $50,000. Funds were reallocated to account for increased expenses associated with Project DW2. Also, $331,300 is budgeted for infrastructure improvements to develop WEDC pad sites on 78. Finally, the WEDC continues to fund Interdepartmental Assistance in the amount of$5,000 for payroll and accounting services from the City Finance Department. Recommendation Staff recommends that the Board of Directors approve the FY 2016 — 2107 WEDC Budget as presented. Attachments FY 2016 - 2017 WEDC Budget Wylie Economic Development Corporation FY 2016-17 Budget REVENUES FY 15-16 FY 16-17 Unreserved Beginning Fund Balance(10-01) $260,898 $465,686 40210 Sales Tax 2,257,829 2,467,295 46210 Allocated Interest Earnings 1,000 1,000 Dairy Queen 11,958 11,958 Sale of WEDC Pad Site 0 1,350,000 Infrastructure Participation-decel lane 41,000 Demolition Participation 74,758 48110 Rental Income 211 Industrial Ct. 24,000 0 212 Industrial Ct. 24,000 0 207-A&B Industrial Ct. 25,200 0 210 Industrial Ct. 18,000 0 212 Industrial Court-B 7,200 0 Steel Rd 6,000 6,000 2804 FM 544 12,000 0 106 N. Birmingham 0 12,000 711 Cooper 4,800 4,800 605 Comm-201 16,800 16,800 605 Comm-200 0 24,000 605 Comm-204 9,000 9,000 TOTAL REVENUES $2,678,685 $4,484,297 EXPENSES 51100 Personnel Services-Direct Comp. 51110 Salaries-Executive Session $250,367 $267,575 51140 Longevity Pay 1,071 1,168 Total Direct Comp. 251,438 268,743 51200 Personnel Services-Other Comp. 51210 Car Allowance 12,600 12,600 51220 Phone Allowance 4,656 4,656 51300 Personnel Services-Retirement(TMRS) 38,485 42,427 51400 Personnel Services-Insurance 51410 Group Hospitalization&Life Ins. 34,403 32,521 51420 Long-Term Disability 1,427 1,471 51440 FICA 16,376 17,443 51450 Medicare 3,830 4,079 51470 Workers Compensation 695 716 51480 Unemployment Compensation-TWC 810 810 Total Insurance 57,542 57,041 TOTAL PERSONNEL SERVICES 364,721 385,466 SUPPLIES 52010 Office Supplies Maps and Photography 1,000 1,000 Leadership Wylie Pad Folios-75 0 2,000 Operating Supplies 1,500 1,500 Misc. 1,000 1,000 Total Office Supplies 3,500 5,500 52040 Postage and Freight Courier Services(2/month @$20) 480 480 Postage 250 250 Misc. 250 250 Total Postage 8 Freight 980 980 Wylie Economic Development Corporation FY 2016-17 Budget FY15-16 FY16-17 52810 Food Supplies Leadership Wylie 400 400 Board Meetings 600 600 ICAN 0 250 Misc. 1,000 1,000 Total Food Supplies 2,000 2,250 54990 Other WEDC Small Business Resource Center 5,000 5,000 TOTAL SUPPLIES 11,480 13,730 MATERIALS FOR MAINTENANCE 54810 Computer Hardware and Software(maintenance) 3,000 3,000 CONTRACTUAL SERVICES 56030 Incentives Wdbrdg Ctr-Inland,-Sales Tax Reimbursement 220,000 257,024 B&B Theatre-Sales Tax Reimbursement 25,000 25,000 B&B Theatre Incentive(3 of 6) 25,000 25,000 Ascend Phase I 76,518 0 Ascend Phase II(4 of 4) 24,000 24,000 CSD-Sales Tax Reimbursement 100,000 104,000 Dank Real Estate(3 of 3) 7,500 7,500 Getset(2 of 3) 10,000 10,000 EXCO(1 of 5) 87,000 20,000 Wylie Village Dentistry(2 of 2) 30,000 20,000 All State Fire Equipment(2 of 3) 20,000 20,000 Von Runnen(2 of 3) 20,000 10,000 KREA-Infrastructure Reimbursement(1 of 1) 0 100,000 KREA-H&M Occupancy Tax Reimbursement 0 78,750 Freudiger(3 of 3) 40,000 30,000 Patna Properties(2 of 2) 0 20,000 Project JTE(1 of 1) 0 35,000 FLM Development(1 of 1) 0 76,673 Future Projects 492,768 311,072 Total Incentives 1,177,786 1,174,019 56040 Special Services Claritas(4 demographic studies) 700 700 Janitorial Services 1,900 1,900 Mowing 7,000 7,000 Leasehold Improvements 5,000 0 Traffic Counts 3,000 3,000 Consulting Services 50,000 50,000 Whitehead&Mueller 50,000 50,000 Misc. 10,000 10,000 Total Special Services 127,600 122,600 56080 Advertising The Wylie Connection(3) 1,780 0 Chamber Directory 1,000 1,000 Pirate/Wylie East Football 1,200 1,200 Wylie News Newcomers Guide 2,100 2,100 The Wylie News-misc. 300 300 Downtown Promotion 5,000 5,000 Wylie News In&Around(3) 3,170 0 Promotional Materials 3,000 3,000 Regional Marketing Initiative 10,000 100,000 Wylie Economic Development Corporation FY 2016-17 Budget FY15-16 FY16-17 Woodbridge Scorecard 1,500 1,500 Website Maintenance 3,000 7,000 4Most Business Program(12) 0 18,600 Misc. 4,000 5,000 Total Advertising 32,050 144,700 56090 Community Development Christian Care Golf Tnmt/Sponsorship 2,000 2,000 Wylie Chamber of Commerce: Championship Rodeo 1,500 1,500 Banquet 1,500 1,500 Golf Tournament 500 500 Misc. 1,000 1,000 Rotary Club 1,000 1,000 Boots&Barbecue 1,500 1,500 Taste of Wylie 2,000 2,000 Regional Broker Event 13,000 10,000 Industrial Appreciation Event 0 5,000 Sporting Events 10,000 10,000 Flag Program 3,000 3,000 FFA Sale-Sponsorship 500 500 Merchants Assoc.-Downtown Events 500 500 Habitat Golf 500 500 Collin College Gala 2,500 2,500 Collin County Prayer Breakfast 250 250 Coventry Golf Tournament 1,000 1,000 Education Foundation Fit 4 Business event 0 5,250 4Most Events-materials 0 2,500 General Funds 5,000 5,000 Total Community Dev. 47,250 52,000 56110 Communications Internet 2,500 2,400 Cell Phone Equipment 500 500 Office Lines 1,560 1,932 Microsoft Exchange 0 600 Sales Force Licence 0 2,550 Tablet Service 1,400 1,368 Total Communications 5,960 9,350 56180 Rental Expense 250 S. Hwy 78($2,250© 12 mo.) 22,200 27,000 Copier Service Agreement 2,328 2,328 Total Rental 24,528 29,328 56210 Travel,Training,and Recruitment TEDC Conference Annual-registration 1,200 1,200 Travel 750 750 Lodging 1,000 1,000 Meals 250 250 ICSC-Nat'l Registration 2,850 2,850 Airfare 2,500 2,500 Lodging 4,000 4,000 Meals 1,500 1,500 Wylie Economic Development Corporation FY 2016-17 Budget FY15-16 FY16-17 ICSC-Texas Registration 500 500 Airfare 0 0 Lodging 0 0 Meals 400 400 Wylie/Collin County Days 0 4,000 Training-Assistant 2,000 500 Training-Director 3,300 1,000 Training-Assistant Director(3) 0 5,550 Prospect Recruitment 10,000 10,000 Total Travel, Train. &Recruit. 30,250 36,000 56250 Dues IEDC(2) 350 810 TEDC(2) 500 1,000 Rotary(2) 1,440 1,440 Wylie Chamber of Commerce 1,500 1,500 Wylie Merchant Association 75 75 Woodbridge Golf Club 3,550 3,550 ICSC(8) 400 400 Notary Public 100 100 Dallas Business Journal 75 75 PWGC 0 7,610 DFW Marketing Team 0 2,500 Misc. 500 500 Total Dues 8,490 19,560 56310 Insurance General Liability&Loss Casualty 4,000 4,000 Bond 310 310 Total Insurance 4,310 4,310 56510 Audit and Legal Services Audit 3,000 3,000 Legal 20,000 20,000 Total Audit&Legal Services 23,000 23,000 56570 Engineering-Architect Surveying 10,000 10,000 Engineering 7,500 7,500 Misc. 2,500 2,500 Total Engineering-Architect 20,000 20,000 56610 Utilities Electricity&Water 2,000 2,400 TOTAL CONTRACTUAL SERVICES 1,503,224 1,637,267 DEBT SERVICE&CAP.REPL 57110 Debt Service ANBTX-Martinez/Ferrell 8,201 0 Randack/Hughes 121,284 121,284 ANB-Peddicord/White 88,589 88,589 ANB-Buchanan 87,983 87,983 ANB-K&M/Hobart 41,088 104,943 Linduff/Edge(P&I) 64,540 204,718 Project DW2(P&I) 0 145,435 Wylie Economic Development Corporation FY 2016-17 Budget FY15-16 FY16-17 Woodbridge Parkway 159,216 159,215 Principal Reduction 0 1,000,000 Total Debt Service 570,901 1,912,168 CAPITAL OUTLAY 58110 Land Acquisition 200,000 50,000 Title Policy 0 8,366 Commission 0 70,500 58210 Streets&Alleys-Downtown Parking Pad Site Infrastructure Improvements 0 331,300 Downtown Parking 0 60,000 58810 Computer Hardware&Software 3,000 5,000 58830 Furniture&Fixtures 2,500 2,500 TOTAL CAPITAL OUTLAY 205,500 527,666 OTHER FINANCING(USES) 59111 Transfer to General Fund Interdepartmental Assistance(Finance Department) 5,000 5,000 TOTAL OTHER FINANCING(USES) 5,000 5,000 TOTAL EXPENSES $2,463,826 $4,484,297 Wylie Economic Development Corporation MEMORANDUM To: Samuel Satterwhite, Executive Director From: Angel Wygant, Senior Assi ;tant .�) Subject: Budget Transfer Request Date: July 5, 2016 Issue Consider and act upon issues surrounding a WEDC Budget Transfer Request for FY 2015-2016. Analysis In the February 2016 the remaining balance of American National Bank Loan #88157334 in the amount of$1,685,000 completed funding. These loan proceeds were applied to the purchase of 710 Business Way and 398 S. Hwy 78. In order to account for these funds in the proper accounts, WEDC is requesting that a budget transfer be approved to increase the revenue account for loan proceeds by $1,685,000 and to increase the expense account for land purchases by $1,685,000. Recommendation Staff recommends that the WEDC Board of Directors approve the attached Budget Transfer Request increasing revenues in loan proceeds by$1,685,000 and expenses for Land Purchases by $1,685,000. Attachments City of Wylie Budget Transfer Request REQUEST FORM - BUDGET REQUEST FISCAL YEAR 2016 RANK 1 OF 1 REQUEST: Revenue & Expense Increase DEPARTMENT: WEDC New Request: Yes New personnel? Salary Grade: Funds already expensed or received? Yes Change Level of current From: To: personnel? PURPOSE/OBJECTIVE OF REQUEST: Increase Revenue due to Bank Note Proceeds. Increase Expense for Land purchases. 1 ACCOUNT NO. DESCRIPTION AMOUNT 1 111 4000 49325 Bank Note Proceeds 1,685,000 111 5611 58110 Land Purchase Price 1,685,000 I 1 TOTAL 1,685,000 ADDITIONAL COMMENTS: Bank Note from American National Bank; Purchase of 710 Business Way and 398 S. Hwy 78. Wylie Economic Development Corporation MEMORANDUM TO: WEDC Board of Directors FROM: Samuel Satterwhite,Executive Di:recttooV A r SUBJECT: WEDC By-Laws DATE: July 12, 2016 Issue Discuss issues surrounding a potential amendment to WEDC By-Laws. Analysis Each year the Wylie City Council considers appointments to the WEDC Board of Directors for Board Members which have a term expiring. This current year Board Members Fuller and Herzog were reappointed to new three year terms. During the Boards & Commission Committee Meeting, which included three Council Members, and at the full Council Meeting at which all Boards & Commission members were appointed/reappointed, there was significant discussion surrounding the potential need for a Board Member 'in training'. The overriding theme of the discussion was that in the future there may be a need to replace one of the five voting Board Members and there might be a short term void in terms of historical perspective and understanding of certain WEDC initiatives which may take years to accomplish. Staff was present during these discussions and commented that there is no mechanism within the By- Laws which allow for this type of position and even if there was an informal `Board Member in training' position created, the individual could not participate in Executive Session which would be counter to the intent of the position. Within the full Council discussion, Mayor Hogue directed WEDC staff to take this issue to the WEDC and return to the Council with Board feedback. Staff did comment however that the By-Laws could be changed with approval of the Board and Council to create a new Ex-Officio, non-voting, Board Member. First of all, staff believes that additional input is always welcome and furthers the decision making process. While there has been very little turnover in Board positions over several years, there is probably coming a day in the near future where turnover is imminent solely based upon 20-year plus tenure in multiple Board Members. Therefore, having an individual which has participated in the Board decision making process for multiple years prior to becoming a voting member will create a seamless transition from a member in training to a voting member if the Council so chooses to make that decision during the appointment process. In theory however, the Council would not be required to do so and furthermore could choose to remove any individual from the Board at any time, for any reason. Hence, the discussion of whether the 'in-training' member automatically transitions to be a voting member at the proper time is mute. WEDC-- By-Laws July 12, 2016 Page 2 of 2 Staff is obviously seeking direction from the Board. Should the Board be interested in pursuing the creation of an ex-officio board member in training, staff will convey the same to the City Council and begin preparing changes to the existing By-Laws which were last amended in 11999. Staff Recommendation Staff has no recommendation with no formal Action required as this Item is posted as a Discussion Item only. Attachments WEDC By-Laws FIRST AMENDED BYLAWS OF WYLIE ECONOMIC DEVELOPMENT CORPORATION A NON-PROFIT CORPORATION WYLIE, TEXAS SECTION I OFFICES 1.01 Registered Office and Registered Agent The Corporation shall have and continuously maintain in the State of Texas a registered Office, and a registered agent whose Office is identical with such registered Office, as required by the Texas Non-Profit Corporation Act. The Board of Directors may, from time to time, change the registered agent and/or the address of the registered office, provided that such change is appropriately reflected in these Bylaws and in the Articles of Incorporation. The registered office of the Corporation is located at, 108 W. Marble, Wylie, Texas 75098, and at such address is the Corporation, whose mailing address is P.O. Box 1467, Wylie, Texas 75098. The registered agent of the Corporation shall be the President of the Corporation. 1.02 Principal Office The principal office of the Corporation in the State of Texas shall be located in the City of Wylie, County of Collin, and it may be,but need not be, identical with the registered office of the Corporation. SECTION II PURPOSES 2.01 Purposes The Corporation is a non-profit corporation specifically governed by Section 4A of Tex.Rev.Civ.Stat.art. 5190.6, as amended from time to time, (the "Texas Development Corporation Act of 1979"). The purpose of the Wylie Economic Development Corporation,is to promote and develop industrial and manufacturing enterprises to promote and encourage employment and the public welfare,in accordance with the Articles of Incorporation. 1 Amended 5/25/99 SECTION III MEMBERS 3.01 Members The Corporation shall have no members. SECTION IV BOARD OF DIRECTORS 4.01 Board of Directors The business and affairs of the Corporation and all corporate powers shall be exercised by or under authority of the Board of Directors (the "Board"), appointed by the governing body of the City of Wylie, and subject to applicable limitations imposed by the Texas Non-Profit Corporation Act, the Development Corporation Act of 1979, the Articles of Incorporation, and these Bylaws. The Board may, by contract, resolution, or otherwise, give general or limited or special power and authority to the officers and employees of the Corporation to transact the general business or any special business of the Corporation, and may give powers of attorney to agents of the Corporation to transact any special business requiring such authorization. The Board may plan and direct its work through a Director of Economic Development, who will be charged with the responsibility of carrying out the Corporation's program as adopted and planned by the Board. The Board may contract with another entity for the services of a director. 4.02 Number and Qualifications The authorized number of Directors of this Board shall be five(5). The Directors of the Corporation shall be appointed by and serve at the pleasure of the Wylie City Council. The number of Directors shall be five(5). Each Director shall meet at least one(1)of the following qualifications: (a) serve,or have served, as Chief Executive Officer of a company; or (b) serve, or have served, in a position of executive management of a company; or (c) serve, or have served,in a professional capacity. 2 Amended 5/25/99 In addition to the above qualifications: (1) each Director must have lived in the City Limits or operated a business in the City Limits for a minimum of one(1)year; and (2) each Director must live in the City Limits during the tenure of office. The City Council shall consider an individual's experience, accomplishments, and educational background in appointing members to the Board to ensure that the interests and concerns of all segments of the community are considered. The Board may make recommendations of individuals to the council for appointment to the Board. 4.03 Bonds and Insurance (1) The corporation shall all provide a General Liability Policy, including Board Members, and a Public Officials Liability Policy for Board Members of not less than one million dollars ($1,000,000). The corporation shall also provide a Fidelity Bond covering all employees and Board Members of not less than one hundred thousand dollars ($100,000.00). The bonds and insurance referred to in this section shall be considered for the faithful accounting of all moneys and things of value coming into the hands of the offices. The bonds and insurance shall be obtained from accredited, surety, and insurance companies authorized to do business in the State of Texas. (2) All premiums for the liability insurance and fidelity bonds will be maintained and funded at the total expense of the corporation. Copies of bonds and insurance policies shall be filed with the City Secretary, and furnished to the corporation and Board Members. 4.04 General Duties of the Board 1. The Board shall develop an overall economic development plan for the City which shall include and set forth intermittent and/or short term goals which the Board deems necessary to accomplish compliance with its overall economic development plan. Such plan shall be approved by the City Council of the City of Wylie. The overall development plan developed by the Board shall be one that includes the following elements: a. An economic development strategy to permanently bolster the business climate throughout the city. b. Strategies to fully utilize the assets of the city which enhance economic development. c. Identification of strategies to coordinate public, private, military and academic resources to develop and enhance business opportunities for all citizens of Wylie. This plan shall include methods to improve communication and cooperation between the above mentioned entities. 3 Amended 5/25/99 d. Assurance of accountability of all tax moneys expended for the implementation of the overall economic development plan, e, Identification of strategies and provide for implementation of identified strategies for direct economic development as defined in this Section. f. An annual work plan outlining the activities, tasks, projects and programs to be undertaken by the Board during the upcoming fiscal year. g. To assist the Board in the implementation of the overall economic development plan, the Board may seek out and employ a Director of Economic Development. The Director of Economic Development shall be responsible to the Board and shall act as the Board's chief administrative officer and shall assist the Board in carrying out the duties of the Board as set forth in this section. The Board shall, in the annual budget, make provisions for the Compensation to be paid to the Director of Economic Development and such compensation so established by the Board shall comprise the salary and benefits paid to the Director of Economic Development for his/her services h. The Director of Economic Development shall be hired by the Board and may be removed by a vote of 3 members of the Board. 2. The Board shall review and update its overall economic development plan from time to time to ensure that said plan is up to date with the current economic climate and is capable of meeting Wylie's current economic development needs. 3. The Board shall expend,in accordance with State law, the tax funds received by it on direct economic development where such expenditures will have a direct benefit to the citizens of Wylie. As used in the article "direct economic development" shall mean the expenditure of such tax funds for programs that directly accomplish or aid in the accomplishment of creating identifiable new jobs or retaining identifiable existing jobs including job training and/or planning and research activities necessary to promote said job creation. The Corporation's focus will be primarily in the areas of: a. Business retention and expansion b. Business attraction 4 Amended 5/25/99 4. The Wylie Economic Development Corporation shall make reports to the City Council of the City of Wylie. The Wylie Economic Development Corporation shall discharge this requirement by reporting to the City Council in the following manner: a. The Wylie Economic Development Corporation shall make a detailed report to the City Council once each year. Such report shall include, but not be limited to,the following: 1. A review of all expenditures made by the Board in connection with their activities involving direct economic development as defined in this article,together with a report of all other expenditures made by the Board. 2. A review of the accomplishments of the Board in the area of direct economic development. 3. The policies and strategy followed by the Board in relation to direct economic development together with any proposed changes in such activities. 4. A review of the activities of the Board in areas of endeavor other than direct economic development together with any proposed changes in such activities. 5. The annual required report shall be made to the City Council no later than January 31 of each year. 6. The annual report shall be considered by the City Council for its review and acceptance. b. The Board shall be regularly accountable to the City Council for all activities undertaken by them or on their behalf; and shall report on all activities of the Board,whether discharged directly by the Board or by any person, firm, corporation, agency, association or other entity on behalf of the Board. This report shall be made by the Board to the City Council semi-annually with the first report being made each succeeding six (6) months. The semi-annual report shall include the following: 1. Accomplishments to date as compared with the overall plan or strategy for direct economic development. 2, Anticipated short term challenges during the next semi-annual reporting period together with recommendations to meet such short term challenges. 5 Amended 5/25/99 3, Long term issues to be dealt with over the succeeding twelve- month period or longer period of time, together with recommendations to meet such issues with emphasis to be placed on direct economic development. 4. A recap of all budgeted expenditures to date, together with a recap of budgeted funds left unexpended and any commitment made on said unexpended funds. 4.05 Implied Duties The Development Corporation of Wylie, Inc. is authorized to do that which the Board deems desirable to accomplish any of the purposes or duties set out or alluded to in Section 4.04 of these Bylaws and in accordance with State law. 4.06 Tenure The initial terms of office for the Directors shall be two (2)Directors with three (3) year terms, two (2) Directors with two (2) year terms, and one (1) Director with a one (1) year term, as designated by the Mayor and City Council. After the initial term of office, the Directors shall serve for three(3)years, and Directors may serve for an unlimited number of consecutive terms. 4.07 Meetings;Notice; Conduct The Board shall attempt to meet at least once each month within the city of Wylie, at a place and time to be determined by the President. All meetings of the Board shall provide notice thereof as provided and as required by the Texas Open Meetings Act. Any member of the Board may request that an item be placed on the agenda by delivering the same in writing to the secretary of the Board prior to the posting of the notice required by the Texas Open Meetings Act. The President of the Board shall set regular meeting dates and times at the beginning of his/her term. Special Meetings may be called by any member of the Board in accordance with the provisions of the Texas Open Meetings Act. The notice shall contain information regarding the particular time, date, and location of the meeting and the agenda to be considered. All meetings shall be conducted in accordance with the Texas Open Meetings Act. The annual meeting of the Board of Directors shall be held in January of each year. The Board may retain the services of a recording secretary if required. 6 Amended 5/25/99 4.09 Attendance;Vacancy Regular attendance of the Board meetings is required of all Members. The following number of absences may require replacement of a member: three (3) consecutive absences, or attendance reflecting absences constituting 50% of the meetings over a 12-month period. In the event replacement is indicated, the member will be counseled by the President and, subsequently, the President shall submit in writing to the City Secretary the need to replace the Board member in question. Any vacancy on the Board shall be filled by appointment by the City Council of a new member or members meeting the qualifications set out in Section 4.02 above. 4.10 Quorum A majority of the entire membership of the Board of Directors shall constitute a quorum and shall be required to convene a meeting. If there is an insufficient number of Directors present to convene the meeting,the presiding officer shall adjourn the meeting. 4,11 Compensation The duly appointed members of the Board shall serve without compensation,but shall be reimbursed for actual or commensurate cost of travel, lodging and incidental expense while on official business of the Board in accordance with State law. 4.12 Voting;Action of the Board of Directors Directors must be present in order to vote at any meeting. Unless otherwise provided in these Bylaws or in the Articles of Incorporation or as required by law, the act of a simple majority present shall be the act of the Board of Directors. In the event that a Director is aware of a conflict of interest or potential conflict of interest, with regard to any particular vote, the Director shall bring the same to the attention of the meeting and shall abstain from the vote, unless the Board determines that no conflict of interest exists. Any Director may bring to the attention of the meeting any apparent conflict of interest or potential conflict of interest of any other Director, in which case the Board shall determine whether a true conflict of interest exists before any vote shall be taken regarding that particular matter. The Director as to whom a question of interest has been raised shall refrain from voting with regard to the determination as to whether a true conflict exists. 4.13 Board's Relationship with City Council In accordance with State law, the City Council shall require that the Wylie Economic Development Corporation be responsible to it for the proper discharge of its duties assigned in this article. The Board shall determine its policies and direction within the limitations of the duties herein imposed by applicable laws, the Articles of Incorporation, these Bylaws, contracts entered into with the City, and budget and fiduciary responsibilities. 7 Amended 5/25/99 4,14 Board's Relationship with Administrative Departments of the City Any request for services made to the administrative departments of the City shall be made by the Board of its designee in writing to the City Manager. The City Manager may approve such request for assistance from the Board when he finds such requested services are available within the administrative departments of the City and that the Board has agreed to reimburse the administrative department's budget for the costs of such services so provided. SECTION V OFFICERS 5.01 Officers of the Corporation The elected officers of the Corporation shall be a President, Vice President, Secretary, and Treasurer. The Board may resolve to elect one or more Assistant Secretaries or one or more Assistant Treasurers as it may consider desirable. Such officers shall have the authority and perform the duties of the office as the Board may from time to time prescribe or as the Secretary or Treasurer may from time to time delegate to his or her respective Assistant. Any two (2) or more offices may be held by the same person, except the offices of President and Secretary. 5.02 Selection of Officers The President and Vice President shall be elected by the Board and shall serve a term of one (1) year. On the expiration of the term of office of the President and Vice President, the Board shall select from among its Members individuals to hold such office. The term of office of the President and Vice President shall always be for a period of one year;provided,however, that the President and Vice President continue to serve until the election of their successors. The Secretary and Treasurer shall be selected by the members of the Board and shall hold office for a period of one (1)year; provided, however, that they shall continue to serve until the election of their successors. Elections shall be held at the annual meeting of the Board. Any officer meeting the qualifications of these Bylaws may be elected to succeed himself or to assume any other office of the Corporation. 5.03 Vacancies Vacancies in any office which occur by reason of death, resignation, disqualification, removal, or otherwise, shall be filled by the Board of Directors for the unexpired portion of the term of that office in the same manner as other officers are elected to office. 8 Amended 5/25/99 5.04 President The President shall be the presiding officer of the Board with the following authority: 1. Shall preside over all meetings of the Board. 2. Shall have the right to vote on all matters coming before the Board. 3. Shall have the authority, upon notice to the members of the Board, to call a special meeting of the Board when in his judgment such meeting is required. 4„ Shall have the authority to appoint standing committees to aid and assist the Board in its business undertakings of other matters incidental to the operation and functions of the Board. 5. Shall have the authority to appoint ad hoc committees which may address issues of a temporary nature or concern or which have a temporary affect on the business of the Board. In addition to the above mentioned duties, the President shall sign with the Secretary of the Board any deed, mortgage, bonds, contracts, or other instruments which the Board of Directors has approved and unless the execution of said document has been expressly delegated to some other officer or agent of the Corporation by appropriate Board resolution, by a specific provision of these Bylaws, or by statute. In general, the President shall perform all duties incident to the office, and such other duties as shall be prescribed from time to time by the Board of Directors. 5.05 Vice President In the absence of the President, or in the event of his or her inability to act, the Vice President shall perform the duties of the President. When so acting, the Vice President shall have all power of and be subject to all the same restrictions as upon the President. The Vice President shall also perform other duties as from time to time may be assigned to him or her by the President. 5.06 Secretary The Secretary shall keep or cause to be kept, at the registered office a record of the minutes of all meetings of the Board and of any committees of the Board. The Secretary shall also file a copy of said Minutes with the City and the same to be given, in accordance with the provisions of these Bylaws, or as required by the Texas Open Meetings Act or the Texas Open Records Act or other applicable law. The Secretary shall be custodian of the corporate records and seal of the Corporation, and shall keep a register of the mailing address and street address, if different, of each director. 9 Amended 5/25/99 5.07 Treasurer The Treasurer shall be bonded for the faithful discharge of his/her duties with such surety or sureties and in such sum as the Board of Directors shall determine by Board resolution, but in no event shall the amount of such bond be less than an amount equal to the average of the sums which the Treasurer has access to and the ability to convert during a twelve(12)month period of time. The Treasurer shall have charge and custody of and be responsible for all funds and securities of the Corporation. The Treasurer shall receive and give receipt for money due and payable to the Corporation from any source whatsoever, and shall deposit all such moneys in the name of the Corporation in such bank, trust corporation, and/or other depositories as shall be specified in accordance with Article VII of these Bylaws. The treasurer shall,in general,perform all the duties incident to that office, and such other duties as from time to time assigned to him by the President of the Board. 5.08 Assistant Secretaries and Assistant Treasurers The Assistant Secretaries and Assistant Treasurers, if any, shall in general,perform such duties as may be assigned to them by the Secretary or the Treasurer, or by the President of the Board of Directors. 5.09 Director of Economic Development The Corporation may employ a Director of Economic Development. The Director of Economic Development shall serve as the Chief Executive Officer of the Corporation and shall oversee all administrative functions of the Corporation. The Director shall develop policies and procedures for the Corporation including financial, accounting, and purchasing policies and procedures to be approved by the Board and City Council. 5.10 Other Employees The Corporation may employ such full or part-time employees as needed to carry out the programs of the Corporation. 5.11 Contracts for Services The Corporation may, contract with any qualified and appropriate person, association, corporation or governmental entity to perform and discharge designated tasks which will aid or assist the Board in the performance of its duties. However, no such contract shall ever be approved or entered into which seeks or attempts to divest the Board of Directors of its discretion and policy-making functions in discharging the duties herein above set forth in this section. 10 Amended 5/25/99 SECTION VI COMMITTEES 6.01 Qualifications for Committee Membership Members of committees shall be appointed by the President, and approved by the Board. Committee members need not be members of the Wylie Economic Development Corporation unless required by these Bylaws or Board resolution. 6.02 Standing Committees The President shall have authority to appoint the following standing committees of the Board and such other committees as the Board may deem appropriate in the future: 1. Budget, Finance and Audit Committee: This committee shall have the responsibility of working with the Director, or the contractual entity performing as Director as the case may be, in the formation and promotion of the annual budget of the Board. The Committee shall present such budget to the Board and, upon approval, shall present, in accordance with these Bylaws, said budget to the City Council. In addition to the preparation of the budget,the committee shall keep the Board advised in such matters. The Committee shall further have the responsibility to oversee and work with auditors of the City or outside auditors when audits of the Board are being performed. 2. Committee for Business Retention and Expansion: This committee shall work with the Director of Economic Development and shall keep the Board informed of all development and activities concerning business retention and expansion. 3. Committee for New Business Attraction and Recruitment: This committee shall work with the Director of Economic Development and shall keep the Board informed of all developments and activities concerning business attraction and recruitment. 6.03 Special Committees The President may determine from time to time that other committees are necessary or appropriate to assist the Board of Directors, and shall designate, subject to Board approval, the members of the respective committees. No such committee shall have independent authority to act for or instead of the Board of Directors with regard to the following matters: amending, altering, or repealing the Bylaws; electing, appointing, or removing any member of any such committee or any Director or Officer of the Corporation; amending the Articles of Incorporation; adopting a plan of merger or adopting a plan of consolidation with another corporation; authorizing the sale, lease, exchange, or mortgage of all or substantially all of the property and assets of the Corporation; authorizing the voluntary dissolution of the Corporation or revoking the proceedings thereof; adopting a plan 11 Amended 5/25/99 for the distribution of the assets of the Corporation; or amending, altering, or repealing any resolution of the Board of Directors which by its terms provides that it shall not be amended, altered,or repealed by such committee. The designation and appointment of any such committee and delegation to that committee of authority shall not operate to relieve the Board of Directors, or any individual Director, of any responsibility imposed on it or on him/her by law or these Bylaws. 6.04 Term of Committee Members Each member of a committee shall continue as such until the next appointment of the Board of Directors and until his or her successor on the committee is appointed, unless the committee shall be sooner terminated or unless such member has ceased to serve on the Board of Directors,or unless such member be removed from such committee. Any committee member may be removed from committee membership by the President, with Board approval, whenever in their judgment the best interests of the Corporation would be served by such removal. 6.05 Vacancies on Committees Vacancies in the membership of any committee may be filled in the same manner as provided with regard to the original appointments to that committee. 6.6 Ex-Officio Members The City Manager or his designee and the Mayor or his designee may attend all meetings of the Board of Directors or Committees. These representatives shall not have the power to vote in the meetings they attend. Their attendance shall be for the purpose of ensuring that information about the meeting is accurately communicated to the City Council and to satisfy the City Council obligation to control the powers of the Corporation. SECTION VII FINANCIAL ADMINISTRATION The Corporation may contract with the City for financial and accounting services. The Corporation's financing and accounting records shall be maintained according to the following guidelines: 12 Amended 5/25/99 7.01 Fiscal Year The fiscal year of Corporation shall begin on October 1 and end on September 30 of the following year. 7.02 Budget A budget for the forthcoming fiscal year shall be submitted to, and approved by, the Board of Directors and the City Council of the City of Wylie. In submitting the budget to the City Council, the Board of Directors shall submit the budget on forms prescribed by the City Manager and in accordance with the annual budget preparation schedule as set forth by the City Manager. The budget shall be submitted to the City Manager for inclusion in the annual budget presentation to the City Council. 7.03 Contracts, As provided in Article V above, the President and Secretary shall execute any contracts or other instruments which the Board has approved and authorized to be executed, provided, however, that the Board may by appropriate resolution authorize any other officer or officers or any other agent or agents, including the Director of Economic Development, to enter into contracts or execute and deliver any instrument in the name and on behalf of the Corporation. Such authority may be confined to specific instances or defined in general terms. When appropriate,the Board may grant a specific or general power of attorney to carry out some action on behalf of the Board,provided,however that no such power of attorney may be granted unless an appropriate resolution of the Board authorizes the same to be done. 7.04 Checks and Drafts All checks, drafts, or orders for the payment of money, notes, or other evidences of indebtedness issued in the name of the Corporation shall be signed or bear the facsimile of the President or the Treasurer, or such other person as designated by the Board. 7.05 Deposits All funds of the Wylie Economic Development Corporation shall be deposited on a regular basis to the credit of the Corporation in a local bank which shall be federally insured. 7.06 Gifts The Wylie Economic Development Corporation may accept on behalf of the Corporation any contribution, gift, bequest, or devise for the general purposes or for any special purpose of the Corporation. 13 Amended 5/25/99 7.07 Purchasing All purchases made and contracts executed by the Corporation shall be made in accordance with the requirements of the Texas Constitution and statutes of the State of Texas. 7.08 Investments Temporary and idle funds which are not needed for immediate obligations of the Corporation may be invested in any legal manner provided in Tex.Rev.Civ.Stat.Ann.Art. 842a-2 (Public Funds Investment Act). 7.09 Bonds Any bonds issued by the Corporation shall be in accordance with the statute governing this corporation but in any event, no bonds shall be issued without approval of the City Council after review and comment by the city's bond counsel and financial advisor. 7.10 Uncommitted Funds Any uncommitted funds of the Corporation at the end of the fiscal year shall be considered a part of the Fund Balance. The Undesignated Fund Balance may be committed for any legal purpose provided the Corporation's Board of Directors and the City Council both approve such commitment. This may include the establishment of a Permanent Reserve Fund which shall be accumulated for the purpose of using the interest earnings of such fund to finance the operation of the Corporation. SECTION VIII BOOKS AND RECORDS 8.01 Books and Records The Corporation shall keep correct and complete books and records of all actions of the Corporation, including books and records of account and the minutes of meeting of the Board of Directors and of any committee having any authority of the Board and to the City Council. All books and records of the Corporation may be inspected by Directors of the Corporation or his/her agent or attorney at any reasonable time; and any information which may be designated as public information by law shall be open to public inspection at any reasonable time. The Texas Open Records Act and Open Meetings Act shall apply to disclosure of public information. The Board of Directors shall provide for an annual financial audit to be performed by a competent independent audit firm. 14 Amended 5/25/99 8.02 Monthly Reports The Corporation shall provide the City Council monthly summaries of proposed dispersal of funds for anticipated projects, and funds that are dispersed over$50,000.00. SECTION IX SEAL 9.01 Seal The Board of Directors shall obtain a corporate seal which shall bear the words "Wylie Economic Development Corporation"; the Board may thereafter use the corporate seal and may later alter the seal as necessary without changing the corporate name; but these Bylaws shall not be construed to require the use of the corporate seal. SECTION X PROGRAM 10.01 Authorization The Corporation shall carry out its program subject to its Articles of Incorporation and these Bylaws,and such resolutions as the Board may from time to time authorize. 10.02 Program The program of the Wylie Economic Development Corporation shall be to assist, stimulate, and enhance economic development in Wylie, Texas, subject to applicable State and Federal law,these Bylaws, and the Articles of Incorporation. SECTION XI PARLIAMENTARY AUTHORITY 11.01 Amendments to Bylaws These Bylaws may be amended or repealed and new Bylaws may be adopted by an affirmative vote of four (4) of the authorized Directors serving on the Board, at a special or regular meeting of the Directors held for such specific purpose, and the notice requirements stated herein above regarding special and regular meetings shall apply. The Directors of the Corporation present at a properly called meeting of the Board may, by a vote of four (4), in accord with the requirements of Article IV herein above, amend or repeal and institute new 15 Amended 5/25/99 Bylaws, provided that at least ten (10) days prior to the meeting, written notice setting forth the proposed action shall have been given to the directors, and public notice regarding such action given according the requirements of the Texas Open Meetings Act. Notwithstanding the foregoing, no amendment shall become effective unless the City Council approves the amendment. SECTION XII DISSOLUTION 12.01 Dissolution On petition of ten (10) percent or more of the registered voters of the City of Wylie requesting an election on the dissolution of the Corporation, the City Council shall order an election on the issue. The election must be conducted according to the applicable provision of the Election Code. The ballot for the election shall be printed to provide for voting for or against the proposition: "Dissolution of the"Wylie Economic Development Corporation" If a majority of voters voting on the issue approve the dissolution, the Corporation shall continue operations only as necessary to pay the principal of and interest on its bonds and to meet obligations incurred before the date of the election and, to the extent practicable, shall dispose of its assets and apply the proceeds to satisfy those obligations. When the last of the obligations is satisfied, any remaining assets of the Corporation shall be transferred to the City, and the Corporation is dissolved. SECTION XIII INDEMNITY 13.01 Indemnity The Board of Directors shall authorize the Corporation to pay or reimburse any current or former Director or Officer of the Corporation for any costs, expenses, fines, settlements, judgments, and other amounts, actually and reasonably incurred by such person in any action, suit, or proceeding to which he or she is made a party by reason of holding such position as Officer or Director; provided, however, that such Officer or Director shall not receive such indemnification if he/she be finally adjudicated in such instance to be guilty of negligence or misconduct in office. The indemnification herein provided shall also extend to good faith expenditures incurred in anticipation of, or preparation for, threatened or proposed litigation. The Board of Directors may, in proper cases, extend the indemnification to cover the good faith settlement of any such action, suit, or proceedings,whether formally instituted or not. 16 Amended 5/25/99 SECTION XIV MISCELLANEOUS 14.01 Relation to Articles of Incorporation These Bylaws are subject to, and governed by, the Articles of Incorporation and applicable State statutes under which the Corporation is organized. 17 Amended 5/25/99 Wylie Economic Development Corporation MEMORANDUM TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director „:," SUBJECT: Staff Report DATE: July 12, 2016 Issue Staff report: review issues surrounding WEDC Performance Agreement Summary, 605 Commerce, Collin College Workforce & Economic Development, Bart Peddicord Community Center, insurance claims resulting from hail storm, demolition of WEDC properties located on Commerce/Industrial, and regional housing starts. Analysis As a reminder to Board members, the Board may not discuss an item which is not specifically identified on the agenda. Only those items listed above can be discussed. Should any Board member want an issue be placed on the agenda at any time prior to a Board meeting,please contact the WEDC President or staff. WEDC Performance Agreement Summary Attached for the Board's review is a summary of all outstanding Performance Agreements including: Ascend Custom Extrusion, All State Fire Equipment, B&B Theatres Operating Company,Clark Street Development,Dank Real Estate,Exco Extrusion Dies,FLM Development, Freudiger Holdings, Getset, KREA Acquisition, Patna Properties,VIAA Properties, Von Runnen Holdings, Woodbridge Crossing, and the Wedge Corporation. Woodbridge Crossing Attached for the Board's review is the Sales Tax Reimbursement Report which identifies all sales taxes received through June 2016 within Woodbridge Crossing for the City General Fund, the WEDC,and the 4B. As a reminder,the City and WEDC reimbursed 85%of all sales tax generated within Woodbridge Crossing through September 2013 with the reimbursement percentage reduced to 65% thereafter. Due to the default under the Amended and Restated Performance Agreement, Woodbridge Crossing is only eligible to receive up to $6 million in sales tax reimbursement through September 2021 as opposed to the maximum reimbursement of $12 million originally contemplated. WEDC- Staff Report July 12, 2016 Page 2 of 3 $3,617,285 in reimbursement has been earned through June 2016 with net receipts of $2,723,657.84 after reimbursements. As well, it is estimated that $3.5 mm has been paid in ad valorem taxes to the City of Wylie (excluding the WISD). As shown on the Sales Tax Reimbursement Report, $100,410.40 was generated in sales tax in April 2016 versus $94,313.63 in April 2015. This represents a 6.46%increase over 2015 receipts. 605 Commerce Attached for the Board's review is a spreadsheet tracking all activities with W&M Environmental for FY 2014-15 and FY 2015-16. W&M has prepared Phase I&II reports for Mann Made,K&M, Business Way, is processing the VCP application for the Commerce property, and processing the Municipal Setting Designation through the City. Collin College Workforce &Economic Development On July 27, 2016 Collin College will be hosting a luncheon at which partnership opportunities with the College will be presented. Representatives from Wylie, Sachse,Murphy,Lavon, St.Paul, and Farmersville will be invited. More specifically representatives from the above municipalities, WISD, Chambers of Commerce, EDC's, and local businesses. Bart Peddicord Community Center On July 19th representatives from the WEDC, City Manager's Office, and Parks Department will be discussing the future of the Bart Peddicord Center. The Center is currently closed due to hail damage. The primary topic will be does the current utilization of the facility justify the expense of repairing the damage in addition to ongoing operating expenses. Insurance Claims For the six structures on Industrial Court the insurance adjuster identified $95,507.88 in Actual Cash Value(ACV). For the four structures on Birmingham, Cooper, Oak, and Commerce an ACV of$191,097.97 was identified in addition to $100,046.95 in Recoverable Depreciation. There will be no deductible associated with this claim for the WEDC and the City-wide deductible is only $1,000. Demolition of WEDC Properties on Commerce/Industrial Court Demolition of the remaining 6 structures located on Industrial Court will begin on July 22nd. The process should take approximately 4 weeks depending on whether Intercon reuses the buildings. If Intercon does not reuse the structures, the time frame could be cut in half Upon completion of the remaining demolition, Intercon will be grading the Exco/Mann property as well. Regional Housing Starts Fifty-eight homes were permitted in Wylie for the month of June 2016. Sachse, Lavon, Murphy and Inspiration permitted a combined forty-three homes over the same period. WEDC- Staff Report July 12, 2016 Page 3 of 3 No action is requested by staff for this item. Attachments Performance Agreement Summary Environmental Tracking Report Regional Housing Permits WEDC- Staff Report July 12, 2016 Page 2 of 3 $3,617,285 in reimbursement has been earned through June 2016 with net receipts of $2,723,657.84 after reimbursements. As well, it is estimated that $3.5 mm has been paid in ad valorem taxes to the City of Wylie (excluding the WISD). As shown on the Sales Tax Reimbursement Report, $100,410.40 was generated in sales tax in April 2016 versus $94,313.63 in April 2015. This represents a 6.46%increase over 2015 receipts. 605 Commerce Attached for the Board's review is a spreadsheet tracking all activities with W&M Environmental for FY 2014-15 and FY 2015-16. W&M has prepared Phase I&II reports for Mann Made,K&M, Business Way, is processing the VCP application for the Commerce property, and processing the Municipal Setting Designation through the City. Collin College Workforce &Economic Development On July 27, 2016 Collin College will be hosting a luncheon at which partnership opportunities with the College will be presented. Representatives from Wylie, Sachse,Murphy,Lavon, St.Paul, and Farmersville will be invited. More specifically representatives from the above municipalities, WISD, Chambers of Commerce, EDC's, and local businesses. Bart Peddicord Community Center On July 19th representatives from the WEDC, City Manager's Office, and Parks Department will be discussing the future of the Bart Peddicord Center. The Center is currently closed due to hail damage. The primary topic will be does the current utilization of the facility justify the expense of repairing the damage in addition to ongoing operating expenses. Insurance Claims For the six structures on Industrial Court the insurance adjuster identified $95,507.88 in Actual Cash Value (ACV). For the four structures on Birmingham, Cooper, and Commerce an ACV of $160,619.97 was identified in addition to $90,669.65 in Recoverable Depreciation. Staff has not received deductible amounts as of yet. Demolition of WEDC Properties on Commerce/Industrial Court Demolition of the remaining 6 structures located on Industrial Court will begin on July 22nd. The process should take approximately 4 weeks depending on whether Intercon reuses the buildings. If Intercon does not reuse the structures, the time frame could be cut in half. Upon completion of the remaining demolition, Intercon will be grading the Exco/Mann property as well. Regional Housing Starts Fifty-eight homes were permitted in Wylie for the month of June 2016. Sachse, Lavon, Murphy and Inspiration permitted a combined forty-three homes over the same period. WEDC- Staff Report July 12,2016 Page 3 of 3 No action is requested by staff for this item. Attachments Performance Agreement Summary Environmental Tracking Report Regional Housing Permits Outstanding Performance Agreement Summary Company Performance Obligations Expiration Incentive Comment/Notes Ascend Custom Extrusion A. CO on 21,000 sf expansion; documentation of minimum cost of$1,000,000 2/1/2014 $49,871 Paid B. Documentation of 3rd extrusion press w/ purchase price of$4,500,000 2/1/2015 $24,000 Paid C. Documentation of 3rd extrusion press w/ purchase price of$4,500,000 2/1/2016 $24,000 D. Documentation of 3rd extrusion press w/ purchase price of$4,500,000 2/1/2017 $24,000 All.State Fire Equipment A. CO 9,300 sf office/warehouse; construction documents for$788,000 4/15/2016 $20,000 Paid B. Valuation of$1,100,000 8/1/2017 $20,000 C. Valuation of$900,000 8/1/2018 $20,000 B&B Theatres Phase I -CO 56,000 sf, 12 screen theater; documentation of$600,000; documentation of total expend.for land, improvements and personal property of$10,000,000. 12/31/2013 $100,000 Paid Cumulative valuation amended to$7,300,000 12/31/2015 $25,000 Paid 12/31/2016 $25,000 12/31/2017 $25,000 . 12/31/2018 $25,000 Total Incentive not to B&B Theatres Sales Tax Reimb. Qrtly Sales Tax Reimbursement equal to .005 12-18 Annually exceed $600,000 CSD Woodbridge Phase I -Acquire property for 110,000 sf Kroger by 7/31/2016; CO by 3/31/2014 3/31/2014 $100,000 Paid Phase II -CO for 120,600 sf retail space Sales tax (completed) 3/31/2014 reimburse quarterly Phase III-CO for 127,600 sf retail space Sales tax (completed) 3/31/2017 reimburse quarterly Phase IV-CO for 134,600 sf retail space Sales tax Cumulative incentive not (completed) 3/31/2019 reimburse to exceed $1.1 mm Outstanding Performance Agreement Summary A. CO on 5,300 sf building, documentation of Dank Real Estate(Deanan Popcorn) $600,000 construction cost 2/1/2015 $15,000 Paid B. Documentation of$1,150,000 property value 2/1/2016 $7,500 Paid C. Documentation of$1,150,000 property value 2/1/2017 $7,500 Exco Extrusion Dies(Texas), Inc. A. CO on 30,000 sf building 1/31/2016 $87,000 Paid B. On an annual basis maintain appraised value of $7.55 mm, maintain Texas as principal place of business, employ 20 full time employees 1/31/2017 $20,000 1/31/2018 $20,000 1/31/2019 $20,000 1/31/2020 $20,000 Seller financing on $350,000 note,forgiven annually beginning 1-31-17 in equal amounts of $70,000 2017-2021 $350,000 FLM Development, Inc. Simultaneously purchase WEDC, Goldenberg and Jacobs Lots, plat 3 lots, receive TxDOT permit, Sold Ferrell Property for remove all improvements 8/31/2016 n/a $250,000 Complete Median Improvements 11/1/2016 $37,500 Complete Drainage Improvements 11/1/2016 $39,173 Freudiger Holdings, LLC CO and Documentation supporting 5,500 sf office space and 1,800 warehouse space at a cost of $250,000 5/1/2016 $15,000 Form 941 evidencig a mimimum of 75 employees employed not less than 90 days prior to CO. 5/1/2016 $25,000 10 Full time Employees,over and above the base Employment evidenced by Form 941. 5/1/2017 $30,000 Outstanding Performance Agreement Summary Get Set, Inc. CO for 6,700 sf building and documentation of $575,000 in construction cost. 5/1/2015 $15,000 Paid Appraised Value of$1,175,000 2/28/2017, $10,000 Appraised Value of$1,175,000 2/28/2018 $10,000 KREA Acquisition, LLC A. Acquire property by 9/1/15; CO for La Quinta Inn &Suites by 3/31/17; confirm $600,000 in construction costs 3/31/2017 $100,000 B. Quarterly incentive payment equal to Occupancy Tax paid to City of Wylie (start date 6 months from CO and ending 7 years from 1st Not to exceed $600,000 payment) 9/31/18 total incentive Patna Properties, Inc. A. CO for 4,283 sf building; documentation of $700,000 in construction costs 10/1/2016 $20,000 B. Appraised Value of$707,000 10/1/2017 $10,000 VIAA Properties, LLC A. CO for 6,094 sf building; documentation $1,200,000 in construction costs 2/28/2016 $30,000 Paid B. Appraised Value of 1,000,000 2/28/2017 $20,000 Von Runnen Holdings A. CO for 12,047 sf building; documentation of $1,250,000 in construction costs. 1/1/2016 $20,000 Paid B. Appraised Value of$1,000,000 1/31/2017 $10,000 C. Appraised Value of$1,000,000 1/31/2018 $10,000 Woodbridge Crossing 65%sales tax reimb 2009 Phase I. CO for Initial Phase including a Super 2013 ; 85%sales tax reimb Target by 8/1/09. 8/1/2009 2013-2021 No further performance requirements. Default declared reducing maximum incentive from $12 Reimbursement mm to$6 mm. 2021 spreadsheet attached Wedge Corporation A. Documentation of executed Ground Lease, Building Permit; 1/31/2014 $137,500', Loan Advance #1 Outstanding Performance Agreement Summary B. CO for"The Rock" 12/ 1 2014 $137,500 Loan Advance #2 C. Evidence of Continuous Operation 12/31/2015 1, Loan Advance Forgiven D. Evidence of Continuous Operation 12/31/2016 $91,666 E. Evidence of Continuous Operation 1212017 $91,666 Woodbridge Crossing Sales Tax Reimbursement Report Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement Oct-09 Dec-09 $17,612.55 $8,806.27 $8,806.27 $35,225.09 0.85 7,485.33 $14,970.66 $22,455.99 Nov-09 Jan-10 21,995.30 10,997.65 10,997.65 43,990.60 0.85 9,348.00 18,696.01 28,044.01 Dec-09 Feb-10 40,289.26 20,144.63 20,144.63 80,578.52 0.85 17,122.94 34,245.87 51,368.81 Sub-Total 159,794.21 33,956.27 67,912.54 101,868.81 Jan-10 Mar-10 16,017.96 8,008.98 8,008.98 32,035.92 0.85 6,807.63 13,615.27 20,422.90 Feb-10 Apr-10 18,392.59 9,196.29 9,196.29 36,785.17 0.85 7,816.85 15,633.70 23,450.55 Mar-10 May-10 24,382.07 12,191.03 12,191.03 48,764.13 0.85 10,362.38 20,724.76 31,087.13 Sub-Total 117,585.22 24,986.86 49,973.72 74,960.58 Apr-10 Jun-10 16,991.53 8,495.76 8,495.76 33,983.05 0.85 7,221.40 14,442.80 21,664.19 May-10 Jul-10 19,588.24 9,794.12 9,794.12 39,176.48 0.85 8,325.00 16,650.00 24,975.01 Jun-10 Aug-10 24,662.64 12,331.32 12,331.32 49,325.28 0.85 10,481.62 20,963.24 31,444.87 Sub-Total 122,484.81 26,028.02 52,056.04 78,084.07 Jul-10 Sep-10 18,344.56 9,172.28 9,172.28 36,689.12 0.85 7,796.44 15,592.88 23,389.31 Aug-10 Oct-10 20,401.73 10,200.87 10,200.87 40,803.46 0.85 8,670.74 17,341.47 26,012.21 Sep-10 Nov-10 22,301.22 11,150.61 11,150.61 44,602.43 0.85 9,478.02 18,956.03 28,434.05 Sub-Total 122,095.01 25,945.19 51,890.38 77,835.57 Oct-10 Dec-10 18,800.19 9,400.10 9,400.10 37,600.38 0.85 7,990.08 15,980.16 23,970.24 Nov-10 Jan-11 25,735.09 12,867.54 12,867.54 51,470.17 0.85 10,937.41 21,874.82 32,812.23 Dec-10 Feb-11 42,668.92 21,334.46 21,334.46 85,337.83 0.85 18,134.29 36,268.58 54,402.87 Audit Adjust. Oct-10 5,065.71 2,532.86 2,532.86 10,131.42 0.85 2,152.93 4,305.85 6,458.78 Sub-Total 184,539.80 39,214.71 78,429.42 117,644.12 Jan-11 Mar-11 18,295.33 9,147.66 9,147.66 36,590.65 0.85 7,775.51 15,551.03 23,326.54 Feb-11 Apr-11 25,185.02 12,592.51 12,592.51 50,370.04 0.85 10,703.63 21,407.27 32,110.90 Mar-11 May-11 39,822.31 19,911.15 19,911.15 79,644.61 0.85 16,924.48 33,848.96 50,773.44 Sub-Total 166,605.30 35,403.63 70,807.25 106,210.88 Apr-11 Jun-11 33,456.49 16,728.25 16,728.25 66,912.98 0.85 14,219.01 28,438.02 42,657.02 Woodbridge Crossing Sales Tax Reimbursement Report Page 2 Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement May-11 Jul-11 50,192.64 25,096.32 25,096.32 100,385.28 0.85 21,331.87 42,663.74 63,995.62 Jun-11 Aug-11 43,639.11 21,819.56 21,819.56 87,278.22 0.85 18,546.62 37,093.24 55,639.87 Sub-Total 254,576.48 54,09 7.50 108,195.00 162,292.51 Jul-11 Sep-11 31,551.34 15,775.67 15,775.67 63,102.67 0.85 13,409.32 26,818.63 40,227.95 Aug-11 Oct-11 32,798.19 16,399.09 16,399.09 65,596.37 0.85 13,939.23 27,878.46 41,817.69 Sep-11 Nov-11 36,136.64 18,068.32 18,068.32 72,273.27 0.85 15,358.07 30,716.14 46,074.21 Sub-Total 200,972.31 42,706.62 85,413.23 128,119.85 Oct-11 Dec-11 31,701.68 15,850.84 15,850.84 63,403.35 0.85 13,473.21 26,946.42 40,419.64 Nov-11 Jan-12 40,631.94 20,315.97 20,315.97 81,263.88 0.85 17,268.57 34,537.15 51,805.72 Dec-11 Feb-12 66,403.17 33,201.59 33,201.59 132,806.34 0.85 28,221.35 56,442.69 84,664.04 Sub-Total 277,473.57 58,963.13 117,926.27 176,889.40 Jan-12 Mar-12 28,180.49 14,090.24 14,090.24 56,360.97 0.85 11,976.71 23,953.41 35,930.12 Feb-12 Apr-12 32,824.36 16,412.18 16,412.18 65,648.71 0.85 13,950.35 27,900.70 41,851.05 Mar-12 May-12 42,213.75 21,106.88 21,106.88 84,427.50 0.85 17,940.84 35,881.69 53,822.53 Sub-Total 206,437.18 43,867.90 87,735.80 131,603.70 Apr-12 Jun-12 33,749.69 16,874.85 16,874.85 67,499.38 0.85 14,343.62 28,687.24 43,030.85 May-12 Jul-12 35,756.08 17,878.04 17,878.04 71,512.15 0.85 15,196.33 30,392.66 45,589.00 Jun-12 Aug-12 43,423.09 21,711.55 21,711.55 86,846.18 0.85 18,454.81 36,909.63 55,364.44 Sub-Total 225,857.71 47,994.76 95,989.53 143,984.29 Jul-12 Sep-12 32,945.51 16,472.76 16,472.76 65,891.02 0.85 14,001.84 28,003.68 42,005.53 Aug-12 Oct-12 33,981.49 16,990.74 16,990.74 67,962.97 0.85 14,442.13 28,884.26 43,326.39 Sep-12 Nov-12 39,669.19 19,834.60 19,834.60 79,338.38 0.85 16,859.41 33,718.81 50,578.22 Sub-Total 213,192.37 45,303.38 90,606.76 135,910.14 Oct-12 Dec-12 61,352.09 30,676.05 30,676.05 122,704.18 0.85 26,074.64 52,149.28 78,223.91 Nov-12 Jan-13 13,760.37 6,880.18 6,880.18 27,520.73 0.85 5,848.16 11,696.31 17,544.47 Dec-12 Feb-13 68,951.35 34,475.67 34,475.67 137,902.69 0.85 29,304.32 58,608.64 87,912.96 Sub-Total 288,127.60 61,227.11 122,454.23 183,681.35 Jan-13 Mar-13 37,264.78 18,632.39 18,632.39 74,529.55 0.85 15,837.53 31,675.06 47,512.59 Woodbridge Crossing Sales Tax Reimbursement Report Page 3 Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement Feb-13 Apr-13 32,499.58 16,249.79 16,249.79 64,999.15 0.85 13,812.32 27,624.64 41,436.96 Mar-13 May-13 42,416.25 21,208.13 21,208.13 84,832.50 0.85 18,026.91 36,053.81 54,080.72 Sub-Total 224,361.20 47,676.76 95,353.51 143,030.27 Apr-13 Jun-13 31,950.38 15,975.19 15,975.19 63,900.76 0.85 13,578.91 27,157.82 40,736.73 May-13 Jul-13 35,623.93 17,811.97 17,811.97 71,247.86 0.85 15,140.17 30,280.34 45,420.51 Jun-13 Aug-13 44,805.27 22,402.63 22,402.63 89,610.53 0.85 19,042.24 38,084.48 57,126.71 Sub-Total 224,759.15 47,761.32 95,522.64 143,283.96 Jul-13 Sep-13 30,171.94 15,085.97 15,085.97 60,343.87 0.85 12,823.07 25,646.14 38,469.22 Aug-13 Oct-13 31,615.59 15,807.80 15,807.80 63,231.18 0.85 13,436.63 26,873.25 40,309.88 Sep-13 Nov-13 34,215.75 17,107.88 17,107.88 68,431.50 0.85 14,541.69 29,083.39 43,625.08 Sub-Total 192,006.55 40,801.39 81,602.78 122,404.18 Oct-13 Dec-13 30,192.68 15,096.34 15,096.34 60,385.36 0.65 9,812.62 19,625.24 29,437.86 Nov-13 Jan-14 40,059.94 20,029.97 20,029.97 80,119.87 0.65 13,019.48 26,038.96 39,058.44 Dec-13 Feb-14 60,106.82 30,053.41 30,053.41 120,213.63 0.65 19,534.71 39,069.43 58,604.14 Sub-Total 260,718.86 42,366.81 84,733.63 127,100.44 Jan-14 Mar-14 34,887.18 17,443.59 17,443.59 69,774.35 0.65 11,338.33 22,676.66 34,015.00 Feb-14 Apr-14 39,550.17 19,775.09 19,775.09 79,100.34 0.65 12,853.81 25,707.61 38,561.42 Mar-14 *May-14 50,095.00 25,047.50 25,047.50 100,190.00 0.65 16,280.88 32,561.75 48,842.63 Sub-Total 249,064.69 40,473.01 80,946.02 121,419.04 Apr-14 Jun-14 42,836.52 21,418.26 21,418.26 85,673.03 0.65 13,921.87 27,843.73 41,765.60 May-14 Jul-14 44,483.44 22,241.72 22,241.72 88,966.88 0.65 14,457.12 28,914.24 43,371.35 Jun-14 Aug-14 54,191.06 27,095.53 27,095.53 108,382.12 0.65 17,612.09 35,224.19 52,836.28 Sub-Total 283,022.03 45,991.08 91,982.16 137,973.24 Jul-14 Sep-14 41,601.13 20,800.56 20,800.56 83,202.25 0.65 13,520.37 27,040.73 40,561.10 Aug-14 Oct-14 46,838.76 23,419.38 23,419.38 93,677.52 0.65 15,222.60 30,445.19 45,667.79 Sep-14 Nov-14 58,574.10 29,287.05 29,287.05 117,148.19 0.65 19,036.58 38,073.16 57,109.74 Sub-Total 294,027.96 47,779.54 95,559.09 143,338.63 Oct-14 Dec-14 46,397.97 23,198.98 23,198.98 92,795.93 0.65 15,079.34 30,158.68 45,238.02 Woodbridge Crossing Sales Tax Reimbursement Report Page 4 Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement Nov-14 Jan-15 62,438.87 31,219.43 31,219.43 124,877.73 0.65 20,292.63 40,585.26 60,877.89 Dec-14 Feb-15 93,019.09 46,509.54 46,509.54 186,038.17 0.65 30,231.20 60,462.41 90,693.61 Sub-Total 403,711.83 65,603.17 131,206.34 196,809.52 Jan-15 Mar-15 42,919.35 21,459.67 21,459.67 85,838.69 0.65 13,948.79 27,897.57 41,846.36 Feb-15 Apr-15 44,299.71 22,149.86 22,149.86 88,599.42 0.65 14,397.41 28,794.81 43,192.22 Mar-15 May-15 61,991.88 30,995.94 30,995.94 123,983.76 0.65 20,147.36 40,294.72 60,442.08 Sub-Total 298,421.87 48,493.55 96,987.11 145,480.66 Apr-15 Jun-15 47,156.82 23,578.41 23,578.41 94,313.63 0.65 15,325.96 30,651.93 45,977.89 May-15 Jul-15 51,820.00 25,910.00 25,910.00 103,639.99 0.65 16,841.50 33,683.00 50,524.50 Jun-15 Aug-15 63,530.67 31,765.34 31,765.34 127,061.34 0.65 20,647.47 41,294.94 61,942.40 Sub-Total 325,014.96 52,814.93 105,629.86 158,444.79 Jul-15 Sep-15 49,814.04 24,907.02 24,907.02 99,628.08 0.65 16,189.56 32,379.13 48,568.69 Aug-15 Oct-15 52,333.38 26,166.69 26,166.69 104,666.76 0.65 17,008.35 34,016.70 51,025.05 Sep-15 Nov-15 54,260.52 27,130.26 27,130.26 108,521.03 0.65 17,634.67 35,269.33 52,904.00 312,815.87 50,832.58 101,665.16 152,497.74 Oct-15 Dec-15 48,763.81 24,381.90 24,381.90 97,527.61 0.65 15,848.24 31,696.47 47,544.71 Nov-15 Jan-16 63,303.62 31,651.81 31,651.81 126,607.23 0.65 20,573.67 41,147.35 61,721.02 Dec-15 Feb-16 99,187.99 49,594.00 49,594.00 198,375.98 0.65 32,236.10 64,472.19 96,708.29 422,510.82 68,658.01 137,316.02 205,974.02 Jan-16 Mar-16 49,991.19 24,995.59 24,995.59 99,982.37 0.65 16,247.14 32,494.27 48,741.41 Feb-16 Apr-16 42,000.94 21,000.47 21,000.47 84,001.87 0.65 13,650.30 27,300.61 40,950.91 Mar-16 May-16 63,385.72 31,692.86 31,692.86 126,771.44 0.65 20,600.36 41,200.72 61,801.08 310,755.68 50,497.80 100,995.60 151,493.39 Apr-16 Jun-16 50,205.20 25,102.60 25,102.60 100,410.40 0.65 16,316.69 32,633.38 48,950.07 May-16 Jul-16 0.00 0.00 0.00 0.65 0.00 0.00 0.00 Jun-16 Aug-16 0.00 0.00 0.00 0.65 0.00 0.00 0.00 100,410.40 16,316.69 32,633.38 48,950.07 Totals 6,340,933.04 1,205,761.73 2,411,523.47 3,617,285.20 CSD Woodbridge Centre Sales Tax Reimbursement Report Filing Allocation City 4B WEDC WEDC Period Period 1.00% 0.50% 0.50% Total Reimbursement Jan-14 Mar-14 $500.33 $250.17 $250.17 $1,000.66 $250.17 Sub-Total 1,000.66 250.17 Feb-14 Apr-14 608.31 304.16 304.16 1,216.62 304.16 Mar-14 May-14 819.13 409.57 409.57 1,638.26 409.57 Apr-14 Jun-14 1,474.84 737.42 737.42 2,949.67 737.42 Sub-Total 5,804.55 1,451.14 May-14 Jul-14 1,856.70 928.35 928.35 3,713.39 928.35 Jun-14 Aug-14 25,686.18 12,843.09 12,843.09 51,372.36 12,843.09 Jul-14 Sep-14 1,482.27 741.14 741.14 2,964.54 741.14 Sub-Total 58,050.29 14,512.57 Aug-14 Oct-14 1,927.17 963.59 963.59 3,854.34 $963.59 Sep-14 Nov-14 32,934.65 16,467.32 16,467.32 65,869.29 16,467.32 Oct-14 Dec-14 1,998.92 999.46 999.46 3,997.84 999.46 Sub-Total 73,721.47 18,430.37 Nov-14 Jan-15 2,885.15 1,442.58 1,442.58 5,770.30 1,442.58 Dec-14 Feb-15 29,624.02 14,812.01 14,812.01 $59,248.04 $14,812.01 Jan-15 Mar-15 6,488.22 3,244.11 3,244.11 $12,976.44 $3,244.11 Sub-Total $77,994.78 $19,498.70 Feb-15 Apr-15 5,694.92 2,847.46 2,847.46 11,389.83 2,847.46 Mar-15 May-15 31,176.75 15,588.37 15,588.37 $62,353.49 $15,588.37 Apr-15 Jun-15 5,390.41 2,695.20 2,695.20 $10,780.81 $2,695.20 Sub-Total $84,524.13 $21,131.03 May-15 Jul-15 6,467.00 3,233.50 3,233.50 12,934.00 3,233.50 Jun-15 Aug-15 32,110.31 16,055.16 16,055.16 $64,220.62 $16,055.16 Jul-15 Sep-15 5,548.58 2,774.29 2,774.29 $11,097.15 $2,774.29 Sub-Total $88,251.77 $22,062.94 Aug-15 Oct-15 5,683.49 2,841.74 2,841.74 11,366.97 2,841.74 Sep-15 Nov-15 41,414.13 20,707.06 20,707.06 $82,828.25 $20,707.06 Oct-15 Dec-15 6,007.81 3,003.91 3,003.91 $12,015.62 $3,003.91 Sub-Total $106,210.84 $26,552.71 Nov-15 Jan-16 6,246.73 3,123.36 3,123.36 12,493.45 3,123.36 Dec-15 Feb-16 38,577.49 19,288.74 19,288.74 $77,154.97 $19,288.74 CSD Woodbridge Centre Sales Tax Reimbursement Report Jan-16 Mar-16 5,383.48 2,691.74 2,691.74 $10,766.95 $2,691,74 Sub-Total $100,415.37 $25,103.84 Feb-16 Apr-16 5,556.02 2,778.01 2,778.01 11,112.03 2,778 01 Mar-16 May-16 35,400.22 17,700.11 17,700.11 $70,800,43 $17,700 11 Apr-16 Jun-16 5,929.35 2,964.67 2,964.67 $11,858.69 $2,964.67 Sub-Total $93,771.15 $23,442.79 Total $689,745.01 $172,436.25 W M Environmental Program Tracking Invoiced Date Descr. of Work Proj.Total 605 Commerce Project Total: 80,780.77 Phase II 4,138.75! 2/28/15 Completed Labor: Laura Foss;James Maxwell; Clay Snider; Michael Whitehead Contracted Amt:$11,500 1,967.65 2/28/15 Laboratory ($69.96 over budget) 4,878.30 2/28/15 Drilling 124.12 2/28/15 Misc.Supplies 151.25 2/28/15 W&M Equipment 250.00 2/28/15 Vehicle Usage P-2 12.39 8/18/15 Postage 47.50 8/31/15 Labor: Mark Smith Total 11,569.96 VCP(Vol.Cleanup Prog) 10,324.00 6/23/15 Labor: Frank Clark; Laura Foss; Hichael Henn,James Maxwell; Paul Rodusky; Mark Smith; Clay Snider; William Soderstrom; Ross Tucker; Michael Whitehead Contracted Amt: $38,000 3,325.80 6/23/15 Laboratory ($163.10 Over Budget) 1,150.00 6/23/15 Supplies/Permits 690.00 6/23/15 Other Sub-contractors 4.90 6/23/15 Misc.Supplies 1,175.75 7/14/15 Labor: Frank Clark,; Clay Snider; Michael Whitehead 2,632.35 7/14/15 Drilling 9.38 7/14/15 Postage/Shipping/Delivery 32.62. 7/14/15 Misc.Supplies 13.23 7/14/15 Mileage 187.50 7/14/15 Vehicle Usage P-2 361.75 7/14/15 W&M Equipment 1,425.00 8/18/15 Labor: Shan Ahmad;James Maxwell; Clay Snider 517.50 8/18/15 Laboratory 3,041.75 8/18/15 Drilling 925.75 8/18/15 Other Sub-contractors 11.16 8/18/15 Misc.Supplies 64.63 8/18/15 W&M Equipment 125.00 8/18/15 Vehicle Usage P-2 1,066.25 8/31/15 Labor: James Maxwell; Clay Snider; Michael Whitehead W M Environmental Program Tracking 893.55 8/31/15 Laboratory 521.25 9/30/15 Labor: Shan Ahmad; Mark Smith; Clay Snider 287.50 10/31/15 Labor: Clay Snider 402.50 12/15/15 Labor: Clay Snider 631.25 12/31/15 Labor: Clay Snider, Michael Whitehead 143.75 12/31/15 Other Sub-contractors 843.75 1/31/16 Labor: Michael Henn, Mark Smith,Clay Snider 1,612.50 2/29/16 Labor: Shan Ahmad, Clay Snider 1,010.85 2/29/16 Laboratory 8.24 2/29/16 Misc. Supplies 396.14 2/29/16 Vehicles/Equipment 983.75 3/31/16 Labor: Michael Henn,Jeremiah Roy, Clay Snider 142.50 4/30/16 Labor: Jeremiah Roy,Clay Snider Labor: Shan Ahmed,James Maxwell,Antonia Pacholczuk, Paul 3,201.25 6/30/16 Rodusky,Jeremiah Roy, Michael Whitehead, Ross Zapalac 38,163.10 APAR(Affected Property Assessment Report 805.00 7/14/15 Labor: Clay Snider 87.50 8/18/15 Labor: Michael Henn Contracted Amt: $10,000 2,676.25 8/31/15 Labor: Laura Foss; Michael Henn;Clay Snider ($1,431.04 over budget) 11.73 8/31/15 Misc. Supplies 398.50 8/31/15 Vehicle usage P-2; W&M Equipment 2,880.00 9/30/15 Labor: Shan Ahmad;Jmes Maxwell;Antonia Pacholczuk; Clay Snider; Michael Whitehead. 536.00 10/31/15 Labor: Clay Snider; Frank Clark 38.56 10/31/15 Subcontractors: Postage &Shipping 230.00 12/15/15 Labor: Clay Snider 115.00 12/31/15 Labor: Clay Snider 3,107.50 1/31/16 Labor: Shan Ahmad, Frank Clark, Michael Henn,Jeremiah Roy, Clay Snider 350.00 4/30/16 Labor: Jeremiah Roy 195.00 5/31/16 Labor: Shan Ahmad,Clay Snider Total 11,431.04 W M Environmental Program Tracking MSD(Municipal Setting Designation 393.75 7/14/15 Labor: Michael Henn 384.00 8/18/15 Labor- Frank Clark, Michael Henn Contracted Amt: $20,500 1,336.23 8/18/15 Aerials/Maps/Photos 195.75 8/31/15 Labor: Frank Clark, Michael Henn 1,020.00 9/30/15 Labor: Laura Foss 2,241.25 10/31/15 Labor: Frank Clark, Michael Henn; Michael Whitehead 87.50 12/15/15 Labor: Michael Henn 1,476.25 12/31/15 Labor: Frank Clark, Holly Stockton, Michael Whitehead 28.44 12/31/15 Mileage 837.50 1/31/16 Frank Clark, Michael Henn 4,292.50 2/29/16 Labor: Shan Ahmad, Frank Clark, Michael Henn,Jeremiah Roy, Clay Snider 97.75._ 2/29/16 Meals 1,873.75 3/31/16 Labor: Shan Ahmad, Frank Clark,Jeremiah Roy, Clay Snider, Michael Whitehead Labor: Frank Clark, Michael Henn,Jeremiah Roy, Mark Smith, Clay 1,495.00 4/30/16 Snider, Michael Whitehead 221.25 5/31/16 Labor: Janes Maswell, Clay Snider Total 15,980.92 Indoor Air Sampling Contract: $3,300 470.00 4/30/16 Labor: Mark Smith, Clay Snider ($335.75 Over budget) 90.00 5/31/16 Labor: Clay Snider 1,603.75 6/30/16 Labor: Michael Henn, Clay Snider 1,472.00 6/30/16 Other Sub-Contactors: Laboratory Total: 3,635.75 106 N. Birmingham Project Total: 7,800.00 Phase I -- Contract: 2,800 2,800.00 6/11/15 Completed Total 2,800.00 Ltd Phase li-Contract: 5,000 5,000.00 7/31/15 Completed Total 5,000.00 398 S. Highway 78 Project Total: 14,297.97 Phase I -Contract$2,700 2,700.00 9/30/15 Completed Total: 2,700.00 W M Environmental Program Tracking Ltd Phase II - Contract$3,800 3,800.00 Completed Total: 3,800.00 ld'I Phase II -Contract$7,900 1,818.50. 9/30/15 Labor: Frank Clark, Michael Henn,James Maxwell,Clay Snider 1,845.75 9/30/15 Drilling 747.50 9/30/15 Other Subcontractors 26.46 9/30/15 Mileage Labor: Shan Ahmad,Janes Maxwell, Paul Rodusky, Clay Snider, 1,851.25 11/13/15 Michael Whitehead 1,508.51 11/13/15 Subcontractors: Laboratory and Other 7,797.97 710 Business Way Project Total: 2,600.00 Phase I ESA-Contract$2,600 2,600.00 11/2/15 Completed 2,600.00 111 N. Ballard Project Total: 10,261.61 Phase 1-Contract $2,500 2,500.00 2,500.00 Phase II-Contract$8,400 Labor: Shan Ahmad, Michael Henn,Clay Snider and Michael 3,261.25 4/30/16 Whitehead 4,227.40 4/30/16 Consultants: Laboratory$1,070.65, Drilling$2,236.75,Other$920.00 4.58 4/30/16 Misc. Supplies 268.38 4/30/16 Unit Billing: Vehicle Usage: $125.00, W&M Equipment$143.38 7,761.61 '! Spent Contracted Total W&M Expenditures: 115,740.35 $119,000 Regional Housing Permits Wylie Lavon 08 09 10 11 12 13 14 15 16 08 ¢ 09 b 10 1 11 12 13 14 15 16 January 34 13 28 20 16 18 14 46 9 January 0 3 8 2 4 5 4 6 2 J February 34 7 18 9 22 14 20 31 4 February 1 4 7 11 2 5 11 6 5 March 36 26 20 28 18 17 30 31 43 March 7 10 8 3 6 3 17 8 3 t April 59 16 23 18 29 38 10 57 41 April 4 6 13 1 12 j 24 7 11 1 May 41 11 26 18 20 22 i 26 68 101 May 4 7 8 1 0 9 17 4 4 June 32 36 24 19 13 11 9 57 58 June 6 12 12 9 2 5 12 5 1 July 74 21 33 20 19 18 29 36 July 12 14 11 2 3 1 14 12 August 28 22 24 16 20 19 19 30 August 1 14 12 9 6 3 1 5 Septembe 22 38 23 22 15 8 17 24 Septembe 3 1 0 6 7 6 2 7 October 22 15 17 16 28 30 21 32 October 1 3 14 4 2 1 9 5 November 17 21 13 5 14 18 20 33 November 3 13 5 5 3 2 1 2 December 14 31 15 10 16 23 65 38 December 19 2 1 7 1 4 5 6 TOTAL 413 257 264 201 230 236 280 483 256 TOTAL 61 89 99 60 48 68 II 100 77 16 Murphy Sachse 08 09 10 11 12 13 14 " 15 16 08 09 10 11 12 13 14 15 16 January 14 IEi 14 4 Ill 26 Eimmi JanuaryMEI 17 14 8 13 18 14 16 February 16 NEE 14 4 Ong February ; 11 8 10 3 11 8 29 17 31 March Elmo 9 6 6 8 4 MI March UM11 9 12 1 13 24 31 April Emig 8 10 Emu 8 April 15 12 11 8 4 13 17 12 24 May 1.11111111111 14 li©n May 15 6 13 11 17 10 21 6 21 June glis® 6 19 Ell 6 4 June 22 17 11 8 17 14 16 38 25 July �c Enimui' 161:11:1111 July 17 11 15 7 14 15 30 12 gEl � o �. g August 6El 4 16 August 18 12 14 5 19 10 29 41 i 4. p 6 Ell4 10 10 Septembe �� Septembe 16 13 3 12 12 17 23 27 1 October 1111 4 8ini 16 16 4 0 IIII October 25 15 3 8 15 25 18 31 November UUU©UUUUii • November 10 4 6 9 12 27 26 December U 14 9 8 U U 0 III December 9 6 7 10 11 39 12 TOTAL En® 70 mccumei TOTAL 1181 118 98 148 149 280 260 148 Inspiration Jan Feb Marc;Apr May Jun Jul Aug Sep ` i Oct Nov Dec"Tot� ; 15 5 12 10 6 17 13 14 4 13 8 MEM 16 10 19 11 9 7 13 69 Regional Housing Permits Wylie Pending Developments 1 Sachse Pending Developments Estates of Creekside-45 ac. -63 Lots, 3 open space Jackson Hills Phase 3A-2 -55 Lots Braddock Place, Phase 2 - 185 ac. - 44 Lots Heritage Park- Phase 3-81 Lots Kreymer Estates Phase 1 -36.475 ac. - 110 Lots Parkwood Ranch - Phase 2 -102 Lots Lewis Ranch - 53 ac. -216 Lots Jackson Hills- Phase 3B - 114 Lots Woodbridge 16-25.083 ac. - 111 Lots Jackson Meadows-51 Lots Dominion of Pleasant Valley-361.4 ac. - 975 Lots Woodbridge- Phase 19 - 148 Lots Covington Estates Ph 1 - 14.308 ac. -44 lots ETJ Bozeman Farms - 780 lots remaining (145 under cons.) C & F Copeville Addition -3.515 ac 3 Lots Alanis Crossing - Phase 1 -29.292 ac- 53 Lots Geckler Addition - 14.274 ac 1 Lot Braddock Place, Phase 3 -18.322 ac. - 53 Lots, 2 open space Reyes estates-3.61 ac 2 Lots Wilson Creek-38 ac. 140 lots Creeks Crossing -3.187 ac 2 Lots Inspiration 2B -25 ac. 76 lots Wylie ETJ ZC 2014-08 Nails-25 ac. 105 Townhomes Hunter's Cove Phase I - 31.414 ac 58 Lots Bozman Farms Phase 3 -50.392 ac 139 Lots Braddock Place Phase 4-25.608 ac 77 Lots Braddock Plase Phase 3- 18.322 ac. 53 Lots Creekside Estates Phase VII -23.267 ac. - 11 Lots Castle Park-31.41 ac 56 Lots Inspiration Phase 1 &2 --53 Lots Kreymer Estates Amenity Center-3.3 ac. 1 Lot Kreymer Estates Phase 2 -23.171 ac 60 Lots Kreymer Estates Phase 3 -29.7654 ac 74 Lots Mansions at Wylie Seniors- 13.125 ac 1 Lot Schupbach Estates-0.633 ac. 2 Lots Wooded Creek Phase 2 Amenity Center-0.512 ac 1 Lot Creekside Estates Phase VIII -20.551 ac 65 Lots Kreymer Estates Phase 4-27.312 ac 78 Lots Bozman Farms Phase 5-69.071 ac 198 Lots HNI Townhome Addition - 10.06 ac 104 Lots Alanis Crossing Phase II -26.239 ac 42 Lots Trailsplace Lot 6-BR&6 C-0.256 ac 2 Lots Kreymer Park-45.57 ac 151 Lots Kreymer Estates Phase 3-29.7654 ac 74 Lots Braddock Place Phase 5-28.019 ac Railroad Addition Block 31- 1 ac. Creekside Estates Ph 9- 12 ac