01-20-2017 (WEDC) Agenda Packet NOTICE OF MEETING
Wylie EconomC io Re DevePoRloApT I o mentN
Regular Meeting Agenda
January 20, 2017 — 6:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78 —Wylie, Texas
Marvin Fuller President
Todd Wintters Vice President
John Yeager Secretary
Demond Dawkins Treasurer
Bryan Brokaw Board Member
Mayor Eric Hogue Ex-Officio Member
Mindy Manson,City Manager Ex-Officio Member
Samuel S atterwhite 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 January 9, 2017 Minutes of the Wylie Economic
Development Corporation (WEDC) Board of Directors Meeting.
II. Consider and act upon approval of the December 2016 WEDC Treasurer's Report.
III. Consider and act upon issues surrounding the WEDC 2016 Annual Report.
IV. Consider and act upon issues surrounding amendment to a Performance Agreement
between KREA, LLC and the WEDC.
V. Consider and act upon a Performance Agreement between Ronald P. & Carole A. Trout
and the WEDC.
VI. Consider and act upon issues surrounding the construction of parking improvements on
WEDC property located at 111 N. Ballard.
WEDC—Agenda
January 20, 2017
Page 2 of 2
DISCUSSION ITEMS
Staff report: review issues surrounding WEDC Performance Agreement Summary, the Wedge
Corporation, Environmental Activity Summary, REVA Hospitality, Highway 78 WEDC Pad
Sites, Peddicord Center, WEDC Lease properties, Promotional Activities, 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:
• Highway 78 & Cooper
• Cooper and F.M. 544
Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas
Code Annotated(Open Meetings Act).
• Project 2015-12a
• Project 2016-6a
• Project 2016-10a
• Project 2017-la
RECONVENE INTO OPEN MEETING
ADJOURNMENT
CERTIFICATION
I certify that this Notice of Meeting was posted on this 16`h day of January, 2017 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
Monday, January 9, 2017—7:00 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 7:00 a.m. Board Members present were John
Yeager, Todd Wintters, Demond Dawkins and Bryan Brokaw.
Ex-officio member Mayor Eric Hogue and City Manager Mindy Manson were present.
WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner and
Senior Assistant Angel Wygant.
CITIZEN PARTICIPATION
With no citizen participation, President Fuller proceeded to Action Items.
ACTION ITEMS
ITEM NO. 1 — Consider and act upon approval of the December 7, 2016 Minutes of the Wylie
Economic Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by Todd Wintters and seconded by
John Yeager to approve the December 7, 2016 Minutes of the Wylie Economic
Development Corporation. The WEDC Board voted 5 —FOR and 0 —AGAINST
in favor of the motion.
ITEM NO. 2 — Consider and act upon an Amendment to a Performance Agreement between the
WEDC and REVA Hospitality. LLC.
Due to the holidays and the Managing Member of REVA traveling out of the country unexpectedly,the
closing date under a Real Estate Contract to purchase 2.4 acres for the development of a Holiday Inn
Express & Suites was amended establishing a new closing date of February 1, 2017. The existing
Performance Agreement between the WEDC and REVA requires a closing date of January 31, 2017 to
qualify for Economic Assistance. While REVA has only requested a one day extension to February 1,
2017, staff recommended that the date by which REVA must acquire title to the property be amended to
February 10, 2017 to allow for other unanticipated issues. A First Amendment to the Performance
Agreement was attached for the Board's Review.
Board Member Wintters inquired as to whether the Separated Materials Contracts clause discussed at
the December 7th Board Meeting had been inserted into the Performance Agreement. Staff confirmed
that it had been included in the agreement.
WEDC—Minutes
January 9, 2017
Page 2 of 3
MOTION: A motion was made by John Yeager and seconded by
Demond Dawkins to approve a First Amendment to Performance Agreement
between the WEDC and REVA Hospitality, LLC. extending the date by which
REVA Hospitality Wylie, LLC must acquire title to property in Wylie to February
10, 2017. The WEDC Board voted 5 — FOR and 0 — AGAINST in favor of the
motion.
DISCUSSION ITEMS
ITEM NO. 3—Discuss issues surrounding the WEDC 2016 Annual Report.
Staff explained that he had hoped to complete the first draft of the 2016 Annual Report for the Board's
review prior to consideration at the WEDC Regular Meeting on January 20th. Staff indicated he was
unable to complete the first draft in a form that was ready to be distribution. Staff will attempt to finalize
and distribute the draft well before the January 20th Board Packet is sent out so that Board Members will
have ample time to review.
No action was requested by staff for this item.
ITEM NO. 4—Staff report: review issues surrounding Highway 78 WEDC Pad Sites, and Promotional
Activities.
Hiihwav 78 WEDC Pad Sites
On 12-27-16 the 90-day Inspection Period was scheduled to expire on the Chick-fil-a (CFA) contract.
Following the Inspection Period is a 90-day Permitting Period. Within the Permitting Period CFA is
required to make its Initial Submittal of plans 30 days after the expiration of the Inspection Period giving
the City 60 days to complete its review and issue permits.
CFA contacted staff on 12-21-16 and requested an additional 30 days for the Inspection Period due to
additional soil sampling recommended by the CFA environmental consultants.
Staff agreed to extend the expiration date of the Inspection Period but requested that the Permitting
Period begin as was originally agreed upon. CFA subsequently requested that the Initial Submittal be
moved from January 27th to February 27th with a middle ground of February 10th agreed upon.
The final terms agreed upon are as follows:
• Inspection Period Expires 1-26-17
• Initial Submittal of Plans 2-10-17
• Permitting Period expires 3-27-17
Should the project not be fully permitted by 3-27-17 there is an automatic 30-day extension.
WEDC—Minutes
January 9, 2017
Page 3 of 3
Promotional Activities
As reported regularly,the WEDC has a IA interest in Maverick's Season tickets for the 2016-17 Season.
Staff apologized for inadvertently omitting the attachment in the Board Packet and circulated the
spreadsheet for Board Members to review.
No action was requested by staff for this item.
EXECUTIVE SESSION
Recessed into Closed Session at 7:09 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:
• Highway 78 & Cooper
Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code
Annotated (Open Meetings Act).
• Project 2015-12a
• Project 2017-la
RECONVENE INTO OPEN MEETING
The WEDC Board of Directors reconvened into open session at 7:33 a.m. and took no action:
ADJOURNMENT
With no further business, President Fuller adjourned the WEDC Board meeting at 7:33 a.m.
Marvin Fuller,President
ATTEST:
Samuel Satterwhite,Director
Wylie Economic Development Corporation
MEMORANDUM
TO: Samuel Satterwhite, Executive Director
FROM: Angel Wygant, Senior Assistant
SUBJECT: December 2016 Treasurer's Report
DATE: January 16, 2017
Issue
Consider and act upon approval of the December 2016 WEDC Treasurer's Report.
Analysis
The following Treasurer's Report reflects the financial activity during the month of December
2016. However, due to the workload associated with the City of Wylie Audit and resulting
CAFR, Balance Sheet entries have not been completed. Finance is working to complete the
entries and an updated Balance Sheet, if available, will be distributed at the Board Meeting.
Handwritten notations have been made where the entries will be made.
The Board may choose to table this item until entries are made by Finance or approve with the
handwritten notations.
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 - $61,135.73. 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 36 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
WEDC December 2016 Treasurer's Report
January 16, 2017
Page 2 of 3
will be forgiven in 5 equal amounts of$70,000 beginning on February 24, 2017 and on an annual
basis thereafter.
Deferred Outflows - $511,500. This is a total of incentive payments which are due in the future.
A breakdown of these charges includes: Ascend Extrusion—Phase II- $24,000,B &B Theatres -
$75,000, Dank Real Estate - $7,500, GetSet - $20,000, All State Fire - $40,000, Von Rumen
Holdings - $20,000, Exco Extrusion Dies — $80,000, KREA - $100,000, McClure Partners -
$50,000, VIAA - $20,000, Patna Properties - $10,000, Freudiger Holdings - $30,000, and ACG
Texas - $35,000.
From the Balance Sheet,page 2:
Deferred Inflow - $256,874.41. 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 December was $738.68. The Exco
Extrusion Dies loan will be reduced by$70,000 annually over a 5-year period.
Revenue and Expense Report,page 2:
Interest Earnings - $257.81. Interest earnings from the Wylie Ice Cream Holdings. (The Nov.
Payment was reported in the November Treasurers Report. However, the deposit didn't post to
the City of Wylie Financials until December so it is included in the attached support
documentation.)
Loan Repayment- $738.68. Principal payment from the Wylie Ice Cream Holdings.
Rental Income — $8,100. Wheels Unlimited (Nov & Dec) - $2,800, Helical Concepts (Nov. &
Dec) - $800, Trimark Catastrophe - $1,000, Richmond Hydromulch- $500,Auto Hail - $3,000
Revenue and Expense Report,page 3:
Office Supplies - $39.26. General Office Supplies.
Postage &Freight—$9.40. Book of Stamps.
Food Supplies - $26.93. WEDC Board Mtg. Meal—November.
Incentives - $125,632. Wylie Flower& Gift ($24,000), FLM Incentive 1 / 1 ($76,632), McClure
Partners Incentive 1 /2 ($25,000).
Special Services — $33,709.15. Add'l Tax — Mann Made ($126.59), SWPPP — Hwy 78 ($170),
Rye Overseed — S. Ballard ($1,350), TOPO Survey — Ind. Ct ($5,000), Traffic Counts —
Downtown ($300), TCEQ VCP ($517.50), Environmental Reports 605 Commerce ($7,227.40),
WEDC December 2016 Treasurer's Report
January 16, 2017
Page 3 of 3
Phase II Environmental Kirby ($14,365.16), Qrtly Pest Control ($95), Janitorial Svc ($157.50),
S. Ballard Abatement($4,400).
Advertising - $2,921. Wylie News - Playoff Ad ($450), Connection ($1,500), Chamber Map Ad
($971).
Community Development - $2,188.24. Holiday Promotion ($600), Christian Care Auction
($600), Coventry Auction ($700), 4Most Parade Signs ($150), WEDC Chamber Cmte Mtg
($70.25), Dos Banderas Plant($67.99).
Travel & Training - $668.07. BEDC—Wygant ($542.40), Business Mtgs/Prospect Recruitment
($113.12), Project Updates ($12.45).
Dues & Subscriptions - $687.96. Club Corp Dues—November.
Audit&Legal- $4,640. Attorney fees for: CFA($320), Dallas Whirlpools ($4,320).
Recommendation
Staff recommends that the WEDC Board of Directors approve the December 2016 Treasurer's
Report.
Attachments
December 2016 Treasurer's Report
Sales Tax Revenue
--- • -.
1-19-2017 0501. PM CITY OF WYLIE PAGE: 1
BALANCE. SHEET
AS OF: DEC EMBER 31ST, 2016
III-WI LIE ECONOMIC avat copy
AC00UNT4 TITLE
ASSETS
1000-10110 CLAIM ON CASA 4. CASH EQAIV 1,0720031.72
1000-40145 CASA - WEN: - INWOOD 0.00
1000-10135 ESCROW 0.00
1000-101130 0E0031115. 20000.00
1000-11198 OTHER, - MISC CLEARING 0.00
1000-10141 TEXP001. (1.00
1000-10343 LOGIC. 0,00
1010-11481, INTEREST RECEIVABLE, 0,00
1000-11511 ACCIS REC - MISC 0.00
1000-11517 ACCTS REC - SALES TAY, 0.00
1010....-1.2810 LEASE. PAYMENTS RECEIVABLE, 0,00
1000-41150 LOAN PROCEEDS RECEIVABLE 0.00
1000-12996 LOAN RECEIVABLE. 61,115.11
1000-12.991 ACCTS REE - JTII TECA, (1.00
1000-111B9 ACC'Ii REL - FORGIVEABIE LOANS 533,331.31
1000-1.4112 INVENTORY - MATERIAL/ SUPPLY 0.00
1000-14116 INVENTORY - LAND ,S BAILDINGS 8,9120591.12
1010-14118 INVENTORY - 0A1C0/ SANDEN BLVD 0.00
1000-14310 PREPAID EXPENSES - MISC 0.00
1000-14410 DEFERRED OUTFLOWS 511,501.00
110094,402.50
TOTAL, ASSETS 11,0940402.50
6---------.. '.6 .
LIABILITIES
6,..-....,6,,,,,.....,..,...,
2111-20110 FEDERAL INCOME TAX PAYABLE 0.00
2011-20111 MEDICARE PAYABLE 0-00
2011-10112 EAILD SUPPORT PAYABLE 0.00:
2111-2011.3 OREOIT UNION PAYABLE 0.00
2011-20114 IRS LEVY PAYARIE 0.00
2101-10115 NATIONWIDE DEFERRED COMP' 0,00
2010-20116 HEALTH INSMR PAX-EMPLOYEE ( 0.051
2000-2011/ TARS PAYABLE, 0.00
2100-21118 ROTH IRA PAYABLE 0.00
2001-20119 WORKERS COMP. PAYABLE. 0.00
2001-21120 FICA PAYABLE 0.00
2100-11121 TEC. PAYABLE 0.00
2000-20122 STUDENT LOAN LEVY PAYABLE 0.00
2000-11123 ALIMONY: PAYABLE 0.00
2000-21124 BANKRUPTCY PAYABLE, 0-00
2000-10125 VALIC: DEFERRED COMP' 0-00
2000-20120 ICMA PAYABLE 0.01
2000-20127 EMP. LEGAL SERVICES: PAYABLE 0.00
2000-20110 FLEXIBLE SPENDING ACCOUNT 0.00
2000-21111 EDWARD JONES' DEFERRED COMP 0.00
2010-10112 EWE CARE ELITE 12.00:
2041-20151 ACCRUED WAGES PAYABLE 0.01
2011-10181 ADDIT EMPLOYEE IN:SUR PAY 0.00
2011-20199 MISC PAYROLL PAYABLE 0,01
1-19-2011 05:01 PM CITY OF WYLIE PAGE' 2
BALANCE SHEET
,AS OF: DECEMBER 31ST, 2016
I 11-NY It F ECONOMIC DEVEL CURT
ACCOUNT# TITLE
2000-2(1201 AP PENDING, 4,709.84
2000-20210 ACCOUNTS PAYABLE 105,265,73
2000-20530 PROPERTY TAYES PAYABLE 9.00
2000-20540 NOTES PAYABLE 511,500.00
2000-20810 DUE TO GENERAL FUND 0.00
2 OG 0-:22270 DEFERRED INFLOW 265,034.17
2000-2 2275 DER 014110W - LEASE PR INCI PAL 0.00
20110-'2 2 2$0 DEFERRED INFLOW - LEASE INT 0,GO
2000-22915 RENTAL DEPOSITS, 0.00
TOTAL LIMIT LI TIES 991,521.69
EQUITY
3000-34110 FUND BALANCE - RESERVED 0.00
3000-34590 FUND BALANCE,-UNRESERV/UNDESIG 8,229,35 ,86
TOTAL BEGINNING EQUITY 8,229,3(17,46
TOTAL REVENUE 2,514,403,84
TOTAL EXPENSES 53,6,790.46
REVENUE, OVER/(UNDER) EXPENSES I,977,613.35
TOTAL EQU t TY 4 OVER/(UNDER) 10,20(1,970.81
TOTAL LIABILITIES, EOUITY 6, OVER/(UNDER) I 1,094,492, 50
1-45-20.0 05:04 PM CITY OF WYLIE RACE: 1
BALANCE. SHEET
AS or„ DECEMBER 4IST, 201.6
922-.GEN LONG TERM DEBT (MUM
ACCO1NT4 TITLE
ASSETS
------
1000 104312 GOVERNMENT NOTES 0.00
1000-18110 LOAN - WEOC 0.00
1010-18120 LOAN - BIRMINGHAM 0.00
1001-1821.0 AMOUNT TO BE PROVIDED 0.00
1000-18220 BIRMINGHAM LOAN 0.00
1000-48050 DEE' OUTFLOW - CONTRIBUTIONS 2/,922.29
1000-,18075, DEE OUTFLOW - INVESTMENT EX)' 34,33'3.48
100118I00 DEE OUTFLOW - ACT EXP/ASSLIMP 4,215..78
1001-19125 (GAIN)/LOSS ON ASSUMPTION CHG.( 24819.411
63,642.1A
TOTAL ASSETS 6.3,641,14
LIABILITIES
2000-20310 COMPENSATED ABSENCES PAYABLE 84,691,61
2000-20311 COME' ABSENCES PAYABLE-CURRENT 0.00
2.00021.410 ACCRUED INTEREST PAYABLE 4,63.0.85
2000-28215 WELc LOANS/CURRENT 2,000,500.63
2000-282/0 BIRMINGHAM LOAN 0.00
2000-28230 INWOOD LOAN 0,00
2000-28232 ANN InAN/EEGE 0.00
2000-28233 ANS LOAN/EEDDICORD WHITE 552,073.65
2000-28234 Al/P LOAN/RANDACK HUGHES 20,555..75
2000-282.3 ANS LOAN 0,00
2000-19236 ANR CONSTRUCTION LOAN 0.00
2000-28237 ANa LOAN/ WOODBRIDGE PARRWAY 548,207.60
2000-28238 ANS LOAN/BUCRANAN 1,620441.60
2000-28239 AMP LOAN/jONES:HOBART PAYOFF 1934693.04
2000-28240 HVGEES LOAN 0.00
2000-28245 ANB LOAN/DALLAS WHIRLPOOL 2,000,000.00
2000-28247 XARRARD, LOAN 300,000..00
2000-28254 CITA' OF WILL I: LOAN 0.00
2000-29260 PRIME KUTS LOAN 0.00
2000-28210 BONIAND/ANDERwN LOAN 0.00
2000-28280 CAPITAL °NE cAEAD LoAN 0.00
2000-20290 HOBART/COMMERCE LOAM 0.00
2000-29150 NET. PENSION LIABILITY 188,812.17
TOTAL LIAaltATIts 6,056,847.90
EQUITY'
3000345.90 FUND BALANCE,-UVRESERV/UNDESIG( 3,7360029.50)
3000-35900 UNRESTRICTED NET POSITION ( 1140869.000
TOTAL BEGINNING EQUITY ( 3,8.50,990-50
TOTAL REVENUE ( 20,300,000.001
TOTAL EXPENSES ( 1570)92-14)
1-19-2017 05:01 PM CITY OF WYLIE PAGE: 2
BALANCE SHEET
AS OF: DECEMBER 31ST, 2016
922-GEN LONG TERM DEBT (WEDC)
ACCOUNT# TITLE
..................................................
REVENUE OVER/(UNDER) EXPENSES ( 2,142,207.26)
TOTAL EQUITY & OVER/(UNDER) ( 5,993,205.76)
TOTAL LIABILITIES, EQUITY & OVER/(UNDER) 63,642.14
1-13-2011+ 0,1)40 PM CITY OF WYL r E PAGE: 1
REVENUE AND EXPENSE, REPORT - MNAUDI TED)
AS OF:, PEP REM 31ST, 20)6
1 II-WYLIE ECONOMIC DEVET, CORP
FINANCIAI SUMMARY
CURRENT CURRENT PRIOR YEAR Y-1,-r) Y T-0 BUDGET 8 OF
BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBR.ANCE BALANCE BUDGET
R EVEN UT:..)SUMMARY
TAXES 2,467„295.00 )97,801'.79 0,00 197,807„79 0.00 2,269,481.21 8.02
INTERGOVERNMENTAL REV. 0.00 0.00 II,CI) 0,,CII 0.00 0.00 0.00
INTEREST INCOME 12,958,00 2,282.61 0.00 3,)96.02 0.00 9,161,98 29.29
MI SC EIIANEONN 1NCCME 1,538,358„00 8,100.,00 0.00 12,800,00 0,0,0 1,525,558,00 0,83
OTHER FINANCING SOURCES 0,00 9.00 0.00 0.00 0,00 0,00 0,00
TOTAL REVENUES 4,018,611.00. 208,190.40 0.00 214,4013,01 0.00 3,804,207.19 5.34
EXPENDITURE: §11SIAEY,
DEVELOPMENT CORP-NEDC 1,,,,484,2911,00 272,091„68 0,00 536,283.46 300-00 Ig..14?J,''''13.,-...54 1.11:97
TOT/IL EXPE)4D T TURES, 4,484,297.00 772,89'7,69, 0.00 Si6,283.46 3,00.00 3,941,7 A 3,54 11,97
REVENUE OVER/(UNDER) EXPENDITURES ( 465.,686,00) 1 64,')07„28) 0.00 ( 321,879.65) ( S00,001 ( /43,506,351 69,18
1-13-2017 04:40 PM CITY OF WY:LIE PAGE: 2
REVENUE AND EXPENSE REPORT - (UNAUDITED)
AS OF:'. DECEMBER 31ST, 2016
11.1-NYL.IE ECONOMIC DEVEL CORP
REVENUES
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET I OF
BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET
TAXES
4000-40150 REV IN LE.IU OF TAXES 0.00 0.00 0.00 0.00 0.00 0.00 0,00
4000-40210 SALES TAX ?,467�297 00 197,807.79 0.00 19/ 807.79 0.00 7t 269,487 21 8.02
....... ... _._ ......, -- .
TOTAL TAXES 2,467,295.00 197,807.79 0.00 197,807.79 0.00 2,269,487.21 8.02
:INTERGOVERNMENTA:L REV..
4000-43518 380 ECONOMIC
AGREEMENTS 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 1,000.00 289.63 0,00 806.55 0.00 193.45 80.66
4000-46140 TEX000L INTEREST 0,00 0.00 0.00 0.00 0,00 0.00 0.00
4000-46143 LOGIC INTEREST 0.00 0.00 0„00 0.00 0.00 0.00 0.00
4000-46150 INTEREST EARNINGS 2,962.85 518,69 0.00 782,62 0.00 2,180.23 26.41
4000-46160 LOAN REPAYMENT (PRINCIPAL) 8,995.15 1,474.29 0,00 2,206.85 0.00 6,788.30 24.53
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 2,282.61 0.00 3,796.02 0.00 9,161.98 29.29
MISCELLANEOUS INCOME
4000-48110�.�E�. .....
0- RENTAL INCOME 72,600.00 8,100.00 0.00 12,800.00 0,00 59,800.00 17.63
4000-48310 RECOVERY - PRIOR YEAR EXPEN 0.00 0.00 0.00 0.00 0,00 0.00 0.00
4000-48410 MISCELLANEOUS INCOME 115,758.00 0.00 0.00 0.00 0.00 115,758.00 0.00
9000-98930 GAIN/(LOSS) SALE OF CAP ASS 1,350,000.00 000 0.00 0.00 000 1,350..IT _......... eee.....--- --- �. ....� ...... r00000 0.00..... .. .......
TOTAL MISCELLANEOUS INCOME 1,538,358.00 8,100.00 0.00 12,800.00 0.00 1,525,558.00 0.83
OTTER FINANCING SOURCES
4000 49160TRANSFER FROM
OM 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 0.00 0.00 0.00 0.00
4000-49550 LEASE PRINCIPAL PAYMENTS (0 0.00 0.00 0.00 0.00 0,00 0.00 0.00
4000-49600 INSURANCE RECOVERIES 0.00 0.00 0.00 0.00 0,00 0.00 0.00
TOTAL OTHER FINANCING SOURCES 0.00 0.00 0.00 ......W0.00 0..................... .. ......... .
-.�........ 0.00 0.00 0.00
TOTAL REVENUES 4,018,611.00 208,190.40 0.00 214,403.81 0.00 3,804,207.19 5.34
1-13-2017 0440 PM CITY OF WYLIE PAGE: 3
REVENUE AND EXPENSE REPORT - (UNAUDITED)
AS OF: DECEMBER 31ST, 2016
111-WYLIE ECONOMIC DEVEL CORP
DEVELOPMENT CORP-WEDC
DEPARTMENTAL EXPENDITURES
CURRENT CURRENT PRIOR YEAR BUDGET % OF
BUDGET PERIOD PC ADJUST.. ACTUAL ENCUMBRANCE BALANCE BUDGET
PERSONNEL SERVICES
5611-5111N SALARIES 267,575.00 20,583.72 0.00 67,147.81 0.00 200,427.19 25.09
5611-51130 OVERTIME 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51140 LONGEVITY PAY 1,168.00 0.00 0.00 1,168.00 0.00 0.00 100.00
5611-51145 SICK LEAVE BUYBACK 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51160 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 12,600.00 969.26 0.00 2,740.14 0.00 9,859.86 21.75
5611-51220 PHONE ALLOWANCE 9,656.00 0.00 0.00 1,164.00 0.00 3,492.00 25.00
5611-51230 CLOTHING ALLOWANCE 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51260 MOVING ALLOWANCE 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51310 TMRS 42,427.00 3,181.37 0.00 10,393.95 0.00 32,033.05 21.50
5611-51410 HOSPITAL & LIFE INSURANCE 32,521.00 3,081.6o 0.00 8,303.68 0.00 24,217.32 25.53
5611-51415 EXECUTIVE HEALTH PLAN 0.00 0.00 0.00 0.00 0.00 0.00 0,00
5611-51420 LONG-TERM DISABILITY 1,471.00 0.00 0.00 231.03 0.00 1,239,97 15.71
5611-51440 FICA 17,443.00 553.80 0.00 1,720.55 0.00 15,722.45 9.86
5611-51450 MEDICARE 4,079.00 304.81 0.00 1,003.92 0.00 3,075.08 24.61
5611-51470 WORKERS COMP PREMIUM 716.00 0.00 0.00 911.16 0.00 301.84 57.84
5611-51480 UNEMPLOYMENT COMP (TWC) 810.00 0.00 0.00. 0.00 0.00 810.00 0.00
TOTAL PERSONNEL SERVICES 385,466.00 28,674.56 0.00 94,287.24 0.00 291,178.76 24.46
SUPPIJES
5811-52010 OFFICE SUPPLIES 5,500.00 39.26 0.00 225.44 0,00 5,274.56 4.10
5611-52040 POSTAGE & FREIGHT 980.00 9.40 0.00 9.40 0,00 970.60 0.96
5611-52130 TOOLS/ EQUIP (NON-CAPITAL) 0.00 0.00 0,00 0.00 0,00 0.00 0.00
5611-52810 FOOD SUPPLIES 2,250.00 26.93 0,00 93.06 0.00 2,156.94 4.14
5611-52990 OTHER 5 000.00 0.00 0.00 0.00 0.00 5,000.00 0.00
TOTAL SUPPLIES 13,730.00 75.59 0.00 327.90 0.00 13,402.10 2.39
MATERIALS FOR MAINTENANC
5611-54630 TOOLS & EQUIPMENT 0.00 0.00 0,00 0.00 0.00 0.00 0.00
5011-51810 COMPUTER HARD/SOFTWARE 3,000.00 0.00 0.00 187.50 0.00 2,812.50 6.25
5611-54990 OTHER 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL MATERIALS FOR MAINTENANC 3,000.00 0.00 0.00 187.50 0.00 2,812.50 6.25
CONTRACTUAL SERVICES
5611-56030 INCENTIVES 1,175,281.00 125,632.00 0.00 149,259.55 0.00 1,026,021.45 12.70
5611-56040 SPECIAL SERVICES 127,600.00 33,709.15 0,00 49,044.15 0.00 83,555.85 34.52
5611-56080 ADVERTISING 144,700.00 2,921.00 0.00 6,721,00 300.00 137,679.00 4.85
5611-56090 COMMUNITY DEVELOPMENT 52,000.00 2,188.24 0,00 3,538.24 0.00 48,461.76 6.80
5611-56110 COMMUNICATIONS 9,350.00 495.54 0.00 1,329.54 0.00 8,020.46 14.22
5611-56180 RENTAL 29,328.00 2,444.00 0.00 9,582.00 0.00 19,746.00 32.67
5611-56210 TRAVEL & TRAINING 36,000.00 668.07 0.00 3,582.16 0.00 32,417.84 9.95
5611-56250 DUES & SUBSCRIPTIONS 19,560.00 687.86 0.00 4,378.72 0.00 15,181.28 22.39
5611-56310 INSURANCE 4,310.00 0.00 0.00 2,898.10 0.00 1,411.90 67.24
5611-56510 AUDIT & LEGAL SERVICES 23,000.00 4,640.00 0,00 8,800.00 0.00 14,200.00 38.26
5611-56570 ENGINEERING/ARCHITECTURAL 20,000.00 0.00 0.00 8,587.30 0.00 11,412.70 42.94
5611-56610 UTILITIES-ELECTRIC 2 400.00 200.61 0.00 410.22 0,00 1,989.78 17.09
TOTAL CONTRACTUAL SERVICES 1,643,529.00 173,586.17 0.00 243,1.30.98 300.00 1,400,098.02 19.81
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________________________________________________________________________________________
1-13-201.7 4:46 PM DETAIL LISTING PAGE: 2
FUND : :111•-WYL:IE ECONOMIC DEVE.L CORP PERIOD TO USE: Dec-2016 THRU Dec-2016
DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 56.1.1-589.1.0
POST DATE TRAN 'I REFERENCE PACKET"=____-- ❑E SiCRIPTION'= -___= VEND .INV/JE # NOTE _= 11MOUNT==-- ===BRLAIVCF: _=
5611-54990 OTHER
BEGINNING BALANCE 0.00
5611-56030 :INCENTIVES
BEGINNING BALANCE 23,627.55
.12/0.1./16 12/01. A73948 CHK: 086106 86336 WYL FLW-INC 1 OF 1 000386 INCENTIVE 1 NOV16 24,000.00 47,627.55
12/.1.4/16 12/.1.4 A74995 CHK: 086356 86730 FLM INCENT 1/1 004734 121416 INCENT #1 76,632.00 124,259.55
12/14/16 12/14 A74996 0HK: 086358 86730 MCCLURE INCEN 1/2 004735 121216 INCENT #1 25,000.00 149,259.55
°-w-�--w*,=- DECEMBER ACTIVITY Df3: 125,632.00 CR: 0.00 125,632.00
56:L1-56040 SPECIAL SERVICES
BEGINNING BALANCE 10,335.00
12/1.3/16 12/13 A74775 CHK: 086295 86684 ADD'L TAX - 398 hWY 78 000821 R682000001901 2016 1.26.59 10,461.59
12/13/16 1.2/13 A74823 CHK: 086306 86689 VCP - SEPT 16 001320 VCP0039988 REDO 517.50 10,979.09
12/13/16 .1.2/.13 A74794 CIIK: 086298 86684 10-19 SWPPP HWY 78 004684 26741 WEDC 85.00 11,064.09
.12/13/16 12/.1.3 A74794 CHK: 086298 86684 10-26 SWPPP HWY 78 004684 26741 WEDC 85.00 11,149.09
12/15/16 .12/.1.5 A75.122 CHK: 086381 86758 RYE OVRSD-IND & S. BALLA 004736 1127 WEDC 1,350.00 12,499.09
12/15/16 12/15 A75123 CHK' 086394 86758 TOPO SURVEY-IND. CT 004737 57283 5,000.00 17,499.09
12/15/.1.6 12/15 11757.76 CHK: 086411 86765 605 COMM-APAR 004337 23199 660.00 18,159.09
12/15/16 12/15 A75.1.76 CHK: 086411 86765 605 COMM - MSD 004337 23199 1,516.25 19,675.34
12/15/16 12/15 A75.176 CHK: 086411 86765 605 COMM - RAP/RACR 004337 23199 770.00 20,445.34
.1.2/15/16 12./15 A751.76 CHK: 086411 86765 605 COMM-RESP TCEQ 004337 23199 2,299.90 22,745.24
12/15/16 .1.2/.1.5 117.5177 CHK: 086411 86765 KIRBY - LTD PH II 004337 23205 12,705.16 35,450.40
12/19/16 12/19 117.5361 CHK: 086467 86810 JANITORIAL SVC 002330 40241 157.50 35,607.90
12/22/16 12/22 1175651 CHK: 086531 86929 QRTLY PEST CONTROL 000792 79950 WEDC 95.00 35,702.90
12/22/16 12/22 A75652 CHK: 086542 86929 208 S. BALLARD-ABATEMENT 001475 5426 4,400.00 40,102.90
12/22/16 :12/22 A75662 CHK: 086545 86929 605 COMM-APAR 004337 23276 01459.001 502.50 40,605.40
12/22/16 12/22 A75662 CHK: 086545 86929 605 COMM-MSD 004337 23276 01459.001 903.75 41.,509.15
12/22/1.6 12/22 A75662 CHK: 086545 86929 605 COMM-RAP/RACR 004337 23276 01459,001 172.50 41,681.65
1.2/22/16 12/22 A75662 CHK: 086545 86929 605 COMM-RESP TCEQ 004337 23276 01459.001 402.50 42,084.15
12/22/16 :12/22 A75663 C11K: 086545 86929 900 KIRBY- PHASE II 004337 23277 01459.006 1,660.00 43,744.15
:12/27/16 12/27 A75704 CHK: 086552 86947 MSD APPLICATION FEE 000101 122116 WEDC 100.00 43,844.15
12/27/16 :12/27 A75710 CHK: 086556 86947 TRFC CTS-E BRWN/WYL EAST 000701 201639 WEDC 300.00 44,144.15
:12/28/16 12/28 A75894 VOID: 083059 86979 REVERSE VOIDED CHECK 000101 070516 WEDC 100.000R 44,044.15
-�� DECEMBER ACTIVITY DB: 33,809.15 CR: 1.00.00CR 33,709.15
5611-56080 ADVERTISING
BEGINNING BALANCE 3,800.00
12/22/16 12/22 A75649 CHK: 086543 86929 WYL NEWS-PLAYOFF ADS 000391 13032 WEDC 450.00 4,250.00
12/27/16 12/27 A75707 CHK: 086561 86947 CONNECTION AD-DEC/JAN 000468 8009 WEDC 1,500.00 5,750.00
12/29/16 12/29 A75917 CHK: 086604 86989 CHAMBER MAP AD 004738 31612 971.00 6,721.00
__ --^----^- DECEMBER ACTIVITY DB: 2,921.00 CR: 0.00 2,921.00
.1.-"13--2017 4:46 PM DETAIL LISTING PAGE:: 3
FUND : Ill-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Dec-20:16 THRU Dec-2016
DEPT : 6.1.1 DEVELOPMENT CORP-WEDC ACCOUNTS: 561.1--52010 THRU 5611-589.10
POST DATE TRAN 4 REFERENCE PACKET'"-..=.DESCR:IPTION __ VEND 1NV/JF. 9
56.1.1-560.90 COMMUNITY DEVELOPMENT
BEGINNING BALANCE 1,350.00
12/13/16 12/13 A74795 CBE: 086300 86684 HOLIDAY PROMOTION 004730 120816 WEDC 600.00 1,950.00
12/15/16 12/15 A75094 CHK: 086397 86758 CHR CARE SPONS-AUC :ITEM 000384 11152016 WEDC 600.00 2,550..00
:12/15/16 12/15 A75106 CHK: 086384 86758 COVENTRY SPONS--AUCT ITE 002639 121416 WEDC 700.00 3,250.00
12/16/16 .12/.1.6 A75289 DFT:: 000263 8680.1 4MOST SIGNS-PARADE 000912 8277 DEC16 WYGANT 150.00 3,400.00
12/16/16 12/16 A75297 DFT: 000263 86802 WEDC/CHAMBER CMTE 000912 8277 DEC16 SATTERW 70.25 3,470.25
12/22/16 12/22 A75648 CHK: 086548 86929 DOS BANOERAA PLANT 000386 8779 WEDC 67,99 3,538.24
=...... DECEMBER ACTIVITY DB: 2,188.24 CR: 0.00 2,168,24
5611--56110 COMMUNICATIONS
BEGINNING BALANCE 834.00
12/1.6/16 12/:16 A75250 DFT: 000263 8679.5 TABLET CHRG-BROKAW 0009:12 8277 DEC:16 GREINER 16.44 850.44
12/16/16 12/16 A75289 DFT: 000263 86801. TABLET CASE--BROKAW 000912 8277 DEC16 WYGANT 9.99 860.43
12/16/16 12/16 A75297 DFT: 000263 86802 TELEHONE SVC 0009:1.2 8277 DEC16 SATTERW 160.13 1,020.56
1.2/22/1.6 12/22 A75654 CHK: 086544 86929 TABLET SERV.IC.E 001797 822495799-07 NOV16 113.97 1,134.53
12/22/16 12/22 A75666 CBE: 086534 86929 INTERNET SVC 004568 2101577989 NV25-DC 195.01 1,329.54
495.54 CR: 0,00 495.54
561.1--56180 RENTAL
BEGINNING BALANCE 7,138.00
12/13/16 12/13 A74848 CNN:: 086316 86696 COPIER RENTAL 003509 96228 194.00 7,332.00
12/27/16 12/27 A75718 CHK: 086562 86947 WEDC RENT-jAN 17 (103231 1214:16 JAN17 2,250.00 9,582.00
a=-=--.B.a..= DECEMAF.R ACTIVITY OR: 2,444.00 CR: 0.00 2,444.00
5611-56210 TRAVEL & TRAINING
BEGINNING BALANCE 2,914.09
12/16/16 .12/16 A75250 DFT: 000263 86795 BUS MTG-"GRE.IN/HUDSON 000.9:12 8277 DEC16 GREINER 29.03 2,943.12
12/16/16 12/16 A75250 DFT: 000263 86795 BUS MTG--GREIN/SATTER 000912 8277 DEC16 GREINER 20.24 2,963.36
12/1.6/16 12/16 A75289 DFT: 000263 8680.1. BEDC-WYGANT 000912 8277 DEC16 WYGANT 542.40 3,505.76
1.2/16/16 :12/16 A75297 OFT: 000263 86802 BUS MTG-HALTERS 000912 8277 DEC16 SATTERW 18.94 3,524.70
12/16/16 1..2/16 A75297 DFT: 000263 86802 MEMB/GUEST TOURN 000912 8277 DEC:16 SATTERW 34.94 3,559.64
12/1.6/:1.6 12/16 A75297 DFT: 000263 86802 BUS MTG-PHAUP 000912 8277 DEC16 SATTERW 10.07 3,569.71
12/16/16 12/16 A752.97 DFT: 000263 86802 PRJ UPD-- IIER7,OG 000912 8277 DEC16 SATTERW ,_12.45 3,582.16
12/16/:16 :11/:1.6 A75297 DFT: 000263 86802 HEVERAGF..-RF.,:IMA CRD CRD 000912 8277 DEC16 SATTERW ( 10.38 3,592.59
12/27/.1.6 12/27 C54761 RCPT 00811163 22114 MISC BEVERAGE REIMBURSEMENT 10.38CR 3,582.16
••- '---_�-, DECEMBER ACTIVITY DB: 678.45 CR: 10.38CR 668„01
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1 1 3 "0 1 7 4:4 r6 PM DETAIL I T S 'r' ING PACE: 7
SELECTION CRITERIA,
FISCAL YEAR: Oct--'011 / u:e 201`3
FUND: Include: 1.11
PERIOD so USE; Plea-20IS IIIRU rDec-7016
TRANSACTIONS; ROTH
ACCOUNT SELECTION'
ACCOUNT RANGE: 562.1- a2010 (C&I1+U 561.1 13l:1D
DEPARTMENT RANGE: - TARN, -
ACTIVE FUNDS ONLY: NO
ACTIVE ACCOUNT ONLY:. SI
:INCLUDE RESTRICTED ACCOUNTS: NO
DIGIT SELECTION:
PRINT OPTIONS, DETAIL.,
OMIT A<CADUNTS W1TII NO Al;TIV.t'TY: NO
PRINT ENCUMBRANCES: NO
PRINT VENDOR NAME: NO
PRINT PROjE S„ NO
PRINT JOURNAL ENTRY NOTES,: ND
PRINT MONTHLY TOTALS; YES
G"'RTNT GRAND TOTALS: NO
PRINT: INVOIClE It
PACE BREAK NY: NONE
,' END OF REPORT ".
Wylie Economic Development Corporation
Inventory Subledger
December 31,2016
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 Demo 420,361
R.O.W. 0.18 41,585
Prime Kuts 10/8/07 207 Industrial 0.20 Demo 229,284
R.O.W. 0.11 n/a 77,380
Cazad 3/17/08 210 Industrial 0.27 Demo 200,782
Buchanan 8/13/14 400 S. Hwy 78 1.25 Demo 503,233
Glenn 4/24/15 209 Industrial Ct 0.18 Demo 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
Jarrard 1/1/00 201 Industrial Ct 0.29 32,893 3,900 300,493 2,902,788
Regency Regency Pk. 6/4/10 25 Steel Road 0.65 n/a 25,171 25,171
Commerce Hobart Investments 11/12/13 Commerce 1.60 n/a 156,820
Hobart 1/6/14 605 Commerce 1.07 396,263 20,000 386,380
Dallas Whirlpools 11/22/16 900-908 Kirby 4.79 2,182,080 2,725,280
Downtown Heath 3/17/14 104 N. Jackson 0.17 Demo 220,034
Udoh 2/12/14 109 Marble 0.17 n/a 70,330
Peddicord 12/12/14 108/110 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 1.12 Demo 409,390 409,390
Total 26.90 $876,959 44,974 $8,913,593 $8,913,593
*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.
Wylie Economic Development Corporation
Balance Sheet Sub Ledger
December 31. 2016
Notes Payable
Date of Rate of Principal
Purchase Payment Beginning Bal. Principal Interest Interest Balance
December 1, 2016 3,531,684.61
ANBTX-88130968 HUGHES/RANDACK(#49 of 60) 10/23/12 10,107.00 119,444.09 9,709.56 397.44 3.99 109,734.53
ANBTX-88130976 WOODBRIDGE PKWY (#28 of 60) 8/15/14 13,267.93 667,810.00 11,816.42 1,451.51 2.61 655,993.58
ANBTX-88148481 BUCHANAN(#28 of 60) 8/13/14 7,331.95 229,492.68 6,610.96 720.99 3.77 222,881.72
ANBTX-88149711 PEDDICORD/WHITE(#24 OF 120 12/12/14 7,382.45 606,313.46 5,260.35 2,122.10 4.20 601,053.11
ANBTX-88158043 K&M/HOBART(#15 of48) 9/2/15 8,745.25 280,666.91 7,809.69 935.56 4.00 272,857.22
ANBTX-88157334 LINDUFF/EDGE(#6 of 15) 10/21/15 17,059.81 1,627,957.47 11,663.29 5,426.52 4.00 1,616,294.18
ANBTX-88158357 DALLAS WHIRLPOOL(#1 of 60) 11/22/16 6,666.67 2,000,000.00 0.00 6,666.67 4.00 2,000,000.00
JARRARD-6088461 INDUSTRIAL COURT(# of 120) 12/22/16 3,109.15 300,000.00 4.50 300,000.00
December 31, 2016 $52,870.27 $17,720.79 5,778,814.34
WEDC EXECUTIVE DIRECTOR
J P MorganChase
Expense Report
November 2016
_—
DATE PAYEE AMOUNT BUSINESS PURPOSE INDIVIDUAL/GROUPS PRESENT
12/02/16 Cytracom 160.13 Telephone Service NA
Mike Agnew,Anita Collins, Marvin Fuller, Mayor
11/09/16 Cowboy Chicken 70.25 WEDC/Chamber Cmte Mtg Hogue, Sam Satterwhite
11/16/16 Club Corp 687.86 Dues November Dues
10/05/16 Club Corp 18.94 Business Meeting Satterwhite, Walters
10/12/16 Club Corp 34.94 Member Guest Tournament Satterwhite,
11/18//16 Starbucks _ 10.07 Business Meeting Satterwhite, Phau.
11/29/16 Chilosos 12.45 Proj. Update Satterwhite, Herzog
TOTAL! 994.641
WEDC Assistant Director
JPMorgan Chase
Expense Report
November 2016
DATE VENDOR PURPOSE AMOUNT
11/8/16 The Rock Wood Fired Kitchen Bus. Mtg -Greiner, Hudson 29.03
11/22/16 Walmart Tablet Charger 16.44
11/29/16 Frankies Mexican Cuisine Bus. Mtg-Satterwhite, Greiner 20.24
Total 65.71
WEDC Senior Assistant
JPMorgan Chase
Expense Report
November 2016
DATE VENDOR r PURPOSE I AMOUNT
11/10/16 Holiday Inn BEDC Training 542.40
11/17/16 Kroger WEDC Board Meeting Meal 16.98
11/17/16 Walmart WEDC Brd Mtg Meal &Ofc Supplies 31.11
11/18/16 USPS Book of Stamps 9.40
11/18/16 McDonalds WEDC Board Meeting 9.95
11/30/16 Amazon Tablet case 9.99
12/2/16 Signs Now 4Most Parade Signs 150.00
Total I 769.83
WYLIE ECONOMIC DEVELOPMENT CORPORATION
SALES TAX REVENUE
FOR THE MONTH OF JANUARY 2017
MONTH WEDC WEDC WEDC DIFF % DIFF
2015 2016 2017 16 VS 17 16 VS 17
DECEMBER $154,719 $166,418 $197,808 $31,389 18.86%
JANUARY 156,685 163,463 196,347 $32,884 20.12%
FEBRUARY 241,858 260,166
MARCH 171,741 167,082
APRIL 134,475 154,920
MAY 211,645 238,646
JUNE 161,426 180,194
JULY 159,973 212,620
AUGUST 216,962 268,976
SEPTEMBER 195,347 197,339
OCTOBER 160,876 201,506
NOVEMBER 226,078 270,426
Sub-Total $2,191,785 $2,481,757 $394,155 $64,273 19.48%
AUDIT ADJ
TOTAL $2,191,785 $2,481,757 $394,155 $64,273 19.48%
WEDC SALES TAX ANALYSIS
$300,000 .ro
$250,000 ................... .......
$200,000 ._.... ._. -
$150,000 1 .... 1
$100,000 _ ......
$50,000
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Wylie Economic Development Corporation
MEMORANDUM
To: WEDC Board of Directors
From: Samuel Satterwhite, Executive Director w
Subject: 2016 Annual Report
Date: January 17, 2017
Issue
Consider and act upon issues surrounding the WEDC 2016 Annual Report.
Analysis
As per the WEDC By-laws, the WEDC must present an annual report to the Wylie City Council
no later than January 31 St of each year. The report must include, but is not limited to, a review of
all expenditures made by the Board, a review of accomplishments, and a review of other than
direct economic development. Staff believes the attached Report meets the intent of the
requirements of the By-laws with the same being presented to the Wylie City Council on January
24, 2017.
Recommendation
Staff recommends that the WEDC Board of Directors approve the 2016 WEDC Annual Report
as presented by staff and recommend it be presented to the Wylie City Council.
Attachment
2016 Annual Report
Wylie Economic Development Corporation
2016 Annual Report
January 17, 2017
Financial Condition
The Wylie Economic Development Corporation (WEDC) continues to make financial reporting
and accountability a priority. While the City of Wylie audit is not yet complete,meetings with the
auditors (Weaver, LLP)have not revealed any reporting deficiencies or recommended changes to
existing accounting practices.
For the sixteenth consecutive fiscal year, WEDC sales tax receipts have increased over prior year
figures. Up 13.23%over 2015,2016 sales tax receipts reached$2,481,757 with this year's increase
eclipsing all previous years' receipts.
While the number of new businesses generating sales tax has been minimal, staff concludes that
the overall spending patterns of the region are most attributable to the increase. For example,
Woodbridge Crossing (Target Center) generated approximately$4.9 mm in additional sales from
October '15 thru November '16 than the previous year with no new businesses opening. More
specifically, in 2014 —2015 Mooyah Burger closed with Cowboy Chicken only open for the last
two months of the comparable periods further solidifying staffs theory that Wylie's regional draw
is widening and generating more sales tax as a result.
The WEDC expended $2,441,580 on incentives and expenditures directly attributed to
performance agreements, $953,616 on the purchase of real property, $333,007 on personnel
services, $105,176 on marketing and promotion, and debt service of$670,278. The WEDC also
had $106,100 in income from the lease of WEDC facilities, and $11,958 in income from a loan
receivable. Finally, the WEDC ended the FY 2015-16 with a fund balance of$465,686.
In FY 2016-2017, the WEDC is contractually obligated to fund $862,947 in direct incentive
programs including sales tax rebate programs for infrastructure improvements executed with
Direct Development, Clark Street, and B&B. These ongoing, multi-year commitments represent
fourteen projects which the WEDC has previously approved or is in the process of negotiating
currently. Non-allocated funding for incentive programs equals $312,000 within incentives and
$50,000 within land acquisition.
In 2016 the WEDC borrowed$4,165,000 for the purchase of multiple properties. A 1.2-acre tract
located at 398 S. Highway 78 was purchased which completed the assemblage of seven properties
(5 acres) which has subsequently been cleared and is being marketed for restaurant development.
A 4.79-acre tract was purchased in November 2016 from Dallas Whirlpools which bridged the gap
between the City of Wylie property on 544 (EPA site) and additional properties owned by the
WEDC on Commerce Street creating a 12-acre contiguous site along our primary corridor.
Finally, a 0.29-acre tract located at 201 Industrial Court was purchased to be combined with two
other adjoining properties and marketed for redevelopment.
2
As of December 31, 2016 the WEDC owns 26.9 acres of property with a cost basis of$8,913,593.
Annual debt service of$1,910,906 has been budgeted for FY 16-17 with an outstanding principal
balance of$5,778,814 as of December 31, 2016.
In February 2016 the WEDC conveyed its interest in 2.11 acres of land to Mann Made, Inc. as part
of a simultaneous purchase agreement for 398 S. Highway 78. Also, in 2016, the WEDC sold
1.433 acres of land on FM 544 to McClure Partners, LLC to further office and retail development.
McClure has since contracted with Freddy's Frozen Custard & Steak Burgers, Bush's Chicken,
and Soulman's Barbecue all of which will be operational in 2017.
From a more historical perspective beyond the previous 12 months, WEDC staff has tracked sales
tax and project impact over the past 20 years. In 1996 sales tax collections for the WEDC were
$272,754 and as stated above are currently $2,481,757. Capital expenditures resulting from
projects pursued by the WEDC is estimated at $323,000,000 with new commercial construction
of 2,274,000 square feet.
Redevelopment
Highway 78
In 2016 the WEDC completed a strategic plan 9 years in the making with the purchase and
demolition of the final tract near Highway 78 and Cooper Drive from the Edge family and the
relocation of Mann Made Inc. to a facility on Business Way. This purchase completed a
continuous span of 4.63 acres available for redevelopment. The 1.53-acre tract located at the
corner of Hwy 78 and Cooper Dr. is currently under contract to Chick-fil-A and the WEDC is
actively marketing the remaining 2 tracts for full-service, sit down restaurants.
The WEDC finalized purchase of the Jarrard property consisting of .29 acres located near the
intersection of Highway 78 and Birmingham. The purchase of this property will enable
realignment of any future development at the corner of Hwy 78 and Birmingham to face Hwy 78
and enhance ingress and egress to the site.
FM 544
In coordination with the City,the WEDC assisted with the cleanup and Ready for Reuse status for
the EPA Superfund site located near the intersection of Commerce and FM 544. In May 2016
with the site now owned by the City of Wylie, the EPA officially released the property for reuse
and the existing structure was demolished.
In December of 2016,the adjoining 4.79-acre tract to the west was purchased by the WEDC from
Dallas Whirlpools, LLC. This acquisition connects the City's property and a 2.67-acre tract on
Commerce Street owned by the WEDC creating approximately 12 contiguous acres which is being
marketed for redevelopment. While staff is currently in negotiations with two businesses to
3
purchase pad sites fronting 544, a concept plan is currently being developed between City and
WEDC staff for the utilization of the remaining 10 acres to the north. While the ultimate
design/use of the remaining 10 acres is unknown, it is probable that multiple office buildings will
be the most marketable option.
To facilitate the use of the above mentioned WEDC-owned 7.4 acres, the properties are enrolled
in the Voluntary Clean-Up Program(VCP)through the TCEQ. The VCP was required to address
the existence of dry cleaning solvents from a previous business. To date, the WEDC has spent
$49,000 on the VCP application which includes consulting fees, TCEQ fees, soil testing and
remediation efforts.
To further assist with the VCP process,the City Council will soon be considering the establishment
of a Municipal Setting Designation (MSD) for the area which lessens the clean-up requirements
imposed by the TCEQ. The MSD places restrictions on the future use at the site and access to
groundwater thus protecting the public from environmentally impacted properties.
The La Quinta Inn& Suites,a 4-story, 75 room hotel development at the intersection of Sanden&
544, continues to make progress with an anticipated opening date in May 2017. Adjacent and to
the east of the La Quinta, a Holiday Inn Express & Suites is under contract to purchase a 2.2-acre
tract and develop a 98-room hotel.
As previously mentioned,McClure Partners purchased a 1.433-acre tract from the WEDC near the
corner of FM 544 and Regency and combined it with adjoining tracts to attract retail/commercial
businesses. To date,McClure Partners has successfully recruited three casual dining concepts, all
of which plan to be operational in 2017. In addition,McClure Partners purchased the tract behind
the frontage property and has contracted with a compounding pharmacy for a new facility. This
specialized facility brings $1.3 mm in new investment and approximately 20 specialized jobs to
the Wylie community.
Cooper Drive
The WEDC owns 4.75 acres off Cooper Drive near the intersection of Cooper and 544. This
acreage represents 8 of the total 15 lots in the identified area. The remaining properties are all
owner occupied with on-going businesses. The redevelopment strategy is somewhat similar to
Industrial Court efforts with the likely outcome being new office flex space. As with Industrial
Court, the upside with new retail development was so great that it allowed the WEDC to pay in
excess of market value. When Cooper ultimately redevelops,raw land will sell at approximately
50%of that generated by retail uses,therefore reducing the purchase price of remaining properties.
Staff does not believe there should be a significant shift in strategy with the WEDC remaining
patient and prepared to act upon opportunities as they present themselves.
4
Steel Road
In 2010, the WEDC purchased out of bankruptcy a 0.65-acre lot on Steel Road within Regency
Business Park. The property is currently being leased with the thought to utilize the property in
the future to facilitate redevelopment of the adjoining property to the east. A challenge for Steel
Road and Regency Business Park is the need for significant infrastructure improvements relating
to drainage which severely hampers the value of the properties in the area and thus the opportunity
for redevelopment.
Downtown
With minor infrastructure assistance from the WEDC, Wylie Flower and Gift consolidated their
operations into a smaller space creating additional retail square footage that was leased
immediately. Outside of the WEDC assistance program, Pam Wells made significant
improvements to space previously used for storage converting the same into two residential lofts.
The WEDC also purchased a 0.20-acre lot near the corner of Ballard and Oak Street from First
Baptist Wylie. This lot can be utilized for parking in the short term, with the land being secured
for future development of new structures benefitting Historic Downtown Wylie. The WEDC also
worked with the owners of property at the corner of Highway 78 and Ballard to demolish the Wylie
Supermarket building. With the building removed, it should enhance the marketability of the
property.
With the City of Wylie discontinuing its lease of the Peddicord building, the WEDC will be
considering the short-term status of the building in terms of removing the structure. From a long-
term perspective, the Peddicord property continues to be part of a long-term plan for the
development of a mixed-use property on Jackson Street. In 2017 WEDC and City staff will be
evaluating the entire downtown district and how this type of proposed building(s) will impact
surrounding land use and traffic patterns.
Complimenting overall redevelopment downtown is a 0.21-acre tract purchased by the WEDC in
2015 on Birmingham Street. However slight it may be, this property could be beneficial for
parking options should the Jackson Street project come to fruition in the short or long term.
Further, the existing 4,125 square foot building could be redeveloped with office uses which has
occurred with multiple properties downtown.
Finally, the WEDC Board continues to evaluate the development of a 1.12 acre, WEDC-owned
tract located on South Ballard which previously supported single-family rental properties. The
WEDC Board has instructed staff to further evaluate adjacent properties that may need to be
acquired prior to any redevelopment plans being determined.
5
Retail/Commercial Activity
Positive activity at Woodbridge Crossing took place in 2016 with all vacant lease space now
occupied in addition to the opening of Cotton Patch restaurant. The WEDC was informed by the
owner that the Wylie opening set a company-wide sales record and Cotton Patch continues to
experience exceptional sales. Future growth plans for Woodbridge Crossing will allow for the
development of three more pad sites, in addition to a 10,000 square foot strip center, and the
opportunity for several more big box retailers.
The WEDC and City continue to fund a Sales Tax Reimbursement Agreement for the development
of Woodbridge Crossing. To date, $3,911,460 has been reimbursed to Inventrust out of a$6 mm
commitment. WEDC staff estimates the commitment will be met on or about September 2019.
Also to date, staff estimates that $4.1 mm has been paid to the City of Wylie in property taxes
resulting in development within Woodbridge Crossing.
The Kroger Marketplace anchored Woodbridge Centre continues to generate activity with IHOP
proposing to construct a 4,525 square foot restaurant on the corner of FM 544 and Woodbridge
Parkway. Kroger Marketplace occupies 114,000 square feet with lease shop space of 22,000
square feet. The Rock Wood Fired Kitchen began operation in January 2015 with record breaking
success and continues to do well. The owner, Clark Street Development out of Chicago, entered
into a Performance Agreement with the WEDC under which reimbursements for infrastructure
improvements up to $1.1 mm are available should certain performance requirements be met. To
date, Clark Street has received $321,683 in sales tax and infrastructure reimbursements.
WEDC and City of Wylie representatives will continue to make attendance at the International
Council of Shopping Centers Conference a priority in 2017. While there are very few opportunities
for new `center' development based upon the remaining acreage available within the community,
the WEDC will be available to InvenTrust, Clark Street, and other Wylie developers for meetings
with end users as well as promoting other retail properties in Wylie.
Mercy Medical and Wylie Village Dentistry both purchased land, constructed new medical
facilities,and became operational in Wylie with assistance from the WEDC in 2016. Von Runnen
Holdings also constructed a 12,047 square foot facility within Regency Business Park with
assistance from the WEDC in 2016.
Finally, DFW Electric expanded and relocated their business to Wylie in 2016 converting and
remodeling 5,500 square feet of a 21,800-square foot facility into office space. The conversion
was completed and the company became operational in April 2016.
Industrial Update
Ascend Custom Extrusion is currently in compliance with all performance measures outlined
within a Performance Agreement with the WEDC. Ascend currently operates 3 shifts in extrusion
6
(3 presses) and packing, 2 shifts in shipping, and 1 ten-hour shift in the paint line. WEDC will
make its final incentive payment to Ascend in February 2017.
In 2016,EXCO Extrusion Dies completed construction and moved into its new 30,000 square foot
facility within Premier Industrial Park. The project resulted in$9,703,948 in value on the tax rolls,
far exceeding the anticipated $7.5 mm estimated at the outset of the project.
In 2015 the WEDC acquired a 7-acre tract near the intersection of Alanis and Highway 78. With
light industrial zoning in place, the approach is to develop this lot with a single user due to the
limited width of the site. Staff does however continue to discuss the opportunity to purchase an
adjacent 7-acre site to the west which would provide more development options but the asking
price at this time is greater than the benefit that would be afforded. Additionally, there are flood
plane challenges on the adjacent tract which creates further challenges as related to asking price
and future use.
2017 Goals & Objectives
The KCS Intermodal served industrial property remains the greatest opportunity for the Wylie
community in terms of potential new development. In 2016 the facility was renamed to the David
L. Starling Wylie Intermodal. Commercial development alongside the intermodal operations will
remain a key priority for 2017 and beyond.
Assuming the Chick-fil-A project closes in April, the WEDC will have 4 restaurant pad sites to
market in 2017 consisting of 2 sites on 78 and the 2 sites resulting from the Dallas Whirlpool
acquisition and City of Wylie (EPA)property on 544. While there have been several offers from
fast casual concepts, the WEDC Board remains committed to attracting full service sit-down
restaurants. Unfortunately, this is the slowest expanding sector within commercial real estate
projects. Even with that being the case, a realistic goal will be to sell two pad sites in 2017.
Identifying investors willing to implement a mixed-use development on Jackson Street that
complements Wylie's Historic Downtown remains a key priority for the WEDC. While many
issues directly impacting this area are as of yet unclear(i.e. access,traffic flow, parking, building
height, etc.),the public/private partnership will be key to the success of this project.
With the hiring of a new WEDC Assistant Director in 2016,a more formalized Business Retention
& Expansion Program is well underway with the development of a formal CRM database for
tracking contacts, relationship development and the compilation of key data regarding new
project/business needs of key employers within the community. A Business Leaders Forum was
developed and held its first session in the Fall of 2016. This forum is intended to be held quarterly
and is designed to foster relationship building and facilitate timely notice of expansion plans,
business challenges, and any action needed to ensure the health of key employers in Wylie.
7
The Assistant Director is also providing additional internal assistance in vetting companies
requesting financial assistance, retail recruitment, addressing development issues for WEDC lots
on Highway 78 and 544, as well as many other administrative duties.
With the announcement of Collin College's Wylie campus on FM 1378, the WEDC has been
working closely with the Wylie Independent School District's Career & Technology Education
program, Collin College and Primary Employers within Wylie to provide input for workforce
development and educational curriculum needed to fill any skills gaps that may exist. Having a
cohesive plan incorporating all stakeholders will be a goal in 2017.
8
Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Samuel Satterwhite, Executive Director
SUBJECT: KREA Performance Agreement
DATE: January 18, 2017
Issue
Consider and act upon an amendment to a Performance Agreement between KREA, LLC and the
WEDC.
Analysis
As reported to the Board multiple times,it does not appear that KREA will complete the La Quinta
Inn&Suites by March 31,2017 as required within the Performance Agreement. Mr.Kash Parbhu,
Manager of KREA,has requested a 30-day extension of the deadline to April 30,2017.
As with the REVA Hospitality amendment, staff recommends that the Board amend the deadline
an additional 30 days from the requested date to May 31'to allow for any other unforeseen delays.
If approved, staff will convey to Mr. Parbhu that any further request for extension may be viewed
as `beyond reasonable' as the Performance Agreement was executed on July 29, 2015.
Recommendation
Staff recommends that the WEDC Board of Directors approve a First Amendment to Performance
Agreement extending the date by which KREA, LLC must complete improvements associated
with a La Quinta Inn& Suites to May 31, 2017.
Attachments
First Amendment to Performance Agreement
FIRST AMENDMENT TO PERFORMANCE AGREEMENT
THIS FIRST AMENDMENT TO PERFORMANCE AGREEMENT(this "First Amendment"), is
entered into and is effective as of the 20th day of January, 2017 by and between WYLIE ECONOMIC
DEVELOPMENT CORPORATION, a Texas economic development corporation("WEDC"), and KREA
Acquisition,LLC,a Texas limited liability company("Company").
WITNES SETH:
WHEREAS, WEDC Board of Directors approved that certain Performance Agreement between
WEDC and Company on July 29, 2015 to facilitate the development of a hotel located in Wylie
containing approximately 44,000 square feet and not less than 75 hotel rooms(the"Project"); and
WHEREAS, WEDC and Company desire to modify and amend the Agreement in certain
respects, as more particularly set forth in this First Amendment.
NOW, THEREFORE, in an effort to address unforeseen circumstances surrounding the
completion of Improvements associated with a La Quinta Inn & Suites located in Wylie, Texas as
required for the development of the Project,the WEDC and Company covenant and agree as follows:
1. Defined Terms. Capitalized terms used but not defined in this First Amendment will
have the meanings given to them in the Agreement.
2. Modification to Performance Obligations. Notwithstanding anything to the contrary in
the Agreement, the date by which the Company must complete Improvements associated with a La
Quinta Inn& Suites located in Wylie,Texas as defined in Section 2(b)is hereby extended until 5:00 p.m.,
Central Time, on May 31,2017.
3. Ratification. As expressly modified by this First Amendment, the Agreement is hereby
ratified and confirmed by WEDC and Company.
4. Counterparts; Transmission. This First Amendment may be executed in multiple
counterparts, each of which shall be deemed an original, and all of which shall constitute one and the
same agreement. Transmission of an executed signature page of this First Amendment by email will be
effective to create a binding agreement.
[Signatures appear on next page]
IN WITNESS WHEREOF, the parties hereto have executed this First Amendment the day and
year first above written.
WEDC:
Wylie Economic Development
Corporation, a Texas Corporation
By:
Name:.
Title:
COMPANY:
KREA Acquisition LLC.,a Texas
Limited Liability Company
By:_
Name:
Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Jason Greiner, Assistant Director hl.
/ 1
SUBJECT: Trout Performance Agreement
DATE: January 20, 2017
Issue
Consider and act upon a Performance Agreement between the WEDC and Ronald P. and Carole A. Trout and
the WEDC.
Analysis
Mr. Trout initially came to the WEDC in an attempt to evaluate options surrounding the construction of a
4,944 square foot commercial building near N. Highway 78 and Eubanks Lane. Mr. Trout plans to construct
a new building for a tenant on land behind an existing car wash. Following direction from the WEDC Board
in Executive Session and an oral commitment by the WEDC staff for assistance, Mr. Trout moved forward
with design and engineering plans.
Trout has an estimated construction budget of $340,000 for Phase I (4,944 square feet). Future plans may
include a Phase II or approximately 5,700 additional square feet. Helmberger Associates has been working
with Mr. Trout to develop construction plans and an overall construction budget. Should the project move
forward, construction will begin within the first quarter of 2017 with an estimated completion date in the
third quarter of 2017.
The attached Agreement proposes a total maximum incentive of$15,000 which is broken down as follows:
Incentive No. 1 ...................................................................... $15,000
> Construction of 4,944 square feet
> Expenditures verified at $340,000
> Proof of Certificate of Occupancy by December 31, 2017
Should Ronald P. and Carole A. Trout fail to meet the Performance Measures for Incentive No. 1, the entire
Performance Agreement is voided in advance. Further, no partial incentive payments will be provided.
WEDC—Trout Agreement
January 20,2017
Page 2 of 2
Staff Recommendation
Staff recommends that the WEDC Board of Directors approve a Performance Agreement between WEDC
and Ronald P. and Carole A. Trout providing for a maximum incentive of$15,000 and further authorizing
the WEDC Executive Director to execute said Agreement.
Attachments
Performance Agreement
PERFORMANCE AGREEMENT
Between
WYLIE ECONOMIC DEVELOPMENT CORPORATION
And
Ronald P. and Carole A. Trout
This Performance Agreement (this "Agreement") is made and entered into by and between the
Wylie Economic Development Corporation (the "WEDC"), a Texas corporation organized and
existing under the Development Corporation Act of 1979, as amended from time to time (the "Act"), and
Ronald P. and Carole A. Trout, a Sole Proprietorship (the "Company").
RECITALS
WHEREAS,the Company is desirous of making real and personal property improvements in the
form of constructing a 4,944 square foot building (the "Project"). The project will have an estimated
cost of Three Hundred Forty Thousand Dollars ($340,000) and will be located at 1756 State Highway 78
N in Wylie, Texas (the "Facility"); and
WHEREAS, the Company has requested that the WEDC provide economic assistance to offset
the cost of the infrastructure improvements for the Project in the City of Wylie, Texas; and
WHEREAS, Section 501.103 of the Act states that the WEDC may provide funding for
expenditures that are found by the Board of Directors to be required or suitable for infrastructure
necessary to promote or develop new or expanded business enterprises, limited to streets and roads, rail
spurs, water and sewer utilities, electric utilities, or gas utilities, drainage, site improvements, and related
improvements (the "Qualified Infrastructure"). Qualified Infrastructure does not include temporary
infrastructure improvement or traffic signals; and
WHEREAS, the WEDC has determined that it is in the best interest of the public and the City
and promotes the purposes authorized by the voters of the City of Wylie for which the WEDC was
established to encourage the development and use of business properties within the City; and
WHEREAS, for the public purpose of promoting economic development and diversity,
increasing employment, reducing unemployment and underemployment, expanding commerce and
stimulating business and commercial activities in the State of Texas, and the City of Wylie, the WEDC
desires to offer economic assistance to Company as more particularly described in this Agreement.
NOW, THEREFORE, for and in consideration of the promises, covenants and agreements set
forth herein, the receipt and sufficiency of which are hereby acknowledged, the WEDC and Company
agree as follows:
I. Economic Assistance. Subject to the terms of this Agreement, the WEDC will provide the
Company economic assistance in an amount up to, but not to exceed Fifteen Thousand Dollars
($15,000.00) (the "Economic Development Incentives"). The Economic Incentives will be paid
according to the criteria set forth herein with the WEDC's obligation to pay the Economic
Development Incentives terminating on December 31, 2017.
Upon meeting the qualifications and requirements (the "Performance Requirements"), the
Company shall be entitled to the following Economic Development Incentives:
Page 1 of 4
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Economic Development Incentive Payment Schedule:
Expected Cost of WEDC Total WEDC Eligibility
Year Incentive 1p rov�ts Incentive Incentive Expiration
2017 No. 1 $340,000 $15,000 $15,000 12-31-2017
II. Performance Requirements for Economic Development Incentive.
Incentive No. 1: An Economic Development Incentive of Fifteen Thousand Dollars
($15,000.00) will be paid to Company upon completion of the following Performance
Requirements for Incentive No. 1:
1. Receipt of documentation by WEDC supporting the construction of the four thousand
nine hundred forty-four (4,944) square foot commercial building as evidenced by a
Certificate of Occupancy issued by the City of Wylie on or before December 31, 2017,
approval of said documentation at the sole and absolute discretion of the WEDC; and
2. Receipt of documentation by WEDC supporting a minimum construction cost of the
project of Three Hundred Forty Thousand Dollars ($340,000) as evidenced by paid
construction invoices supporting the minimum construction costs, approval of said
documentation at the sole and absolute discretion of the WEDC; and
3. Company is current on all ad valorem taxes and other property taxes due on the Facility
by January 31 of the year after they are assessed and provide written notice and evidence
of such payment to WEDC in a form satisfactory to WEDC; and
4. Eligibility expiration for the Company to qualify for this Incentive is December 31, 2017.
III. WEDC Payment of Reimbursement Incentives. Subject to the terms of this Agreement, the
WEDC shall pay the Incentives within approximately thirty (30) days of receipt of the required
documentation from the Company, subject to verification by the WEDC that the Performance
Requirements have been met or exceeded by the Company.
IV. Non-Attainment of Performance Requirements. In the event that the Company does not meet
or exceed a Performance Requirement as specified in Section II, the WEDC Economic
Development Incentive will be voided in advance of payment in addition to all future Economic
Development Incentive payments being voided at the sole discretion of the WEDC. The
Company will not be eligible to receive an Economic Development Incentive payment if
documentation supporting Performance Requirements are not received by WEDC prior to the
Eligibility Expiration Date. Company will be notified in writing in the event a Performance
Requirement is not met and have thirty (30) days to cure said default.
Page 2 of 4
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V. Economic Assistance Termination. The Agreement may be terminated by mutual agreement
of the parties or by either party, upon the failure of the other party to fulfill an obligation as set
forth in Section II above. Regardless of the Company's level of attainment of the Performance
Requirements set forth in Section II above, the WEDC's obligation to pay the Reimbursement
Incentive will expire in full on December 31, 2017.
VI. Employee Hiring, Materials and Supplies Purchase. Although not an event of default or a
condition to any advance in the Agreement, WEDC requests that the Company satisfies its need
for all construction contractors from Wylie residents and purchase all materials, supplies and
services necessary to affect the Project and subsequent occupancy of the Facility from Wylie
merchants and businesses.
VII. Community Involvement. Although not an event of default or condition of any advance
hereunder,the Company agrees to actively participate in community and charitable organizations
and/or activities, the purpose of which are to improve the quality of life in the City of Wylie,
Texas, and to actively encourage its employees to be involved in such organizations and/or
activities.
VIII. Verification and Compliance. The Company will allow the WEDC to audit necessary
Company's records, documents, agreements and other instruments in furtherance of the
following purposes: (i) to ensure the Company's compliance with the affirmative covenants set
forth in this Agreement; (ii) to determine the existence of an Event of Default under the terms of
this Agreement; (iii) to ensure compliance with any other terms and conditions set forth herein or
any related documents. Company will provide reports certifying the status of compliance,jobs
retained, new investments and any other relevant information until the termination of this
Agreement
IX. Cessation of Economic Assistance. Notwithstanding anything herein to the contrary, WEDC
shall have no obligation to disburse WEDC Economic Development Incentives if the Company
becomes insolvent, files a petition in bankruptcy or similar proceedings, or is adjudged bankrupt,
or is delinquent on any property tax payments or an Event of Default under the terms of this
Agreement occurs.
a. The following will constitute an Event of Default and any advance shall not be forgiven
in an Event of Default: the Company becomes insolvent, makes any materially false
statements to the City and/or the WEDC, fails to pay ad valorem taxes, or files suit
against the City and/or the WEDC.
X, Miscellaneous.
a. This Agreement shall inure to the benefit of the parties hereto and shall not be assignable by
Company without the prior written consent of the WEDC, which consent may be withheld by
the WEDC in its sole and absolute discretion.
b. This Agreement shall be construed according to the laws of the State of Texas and is subject
to all provisions of Vernon's Ann. Civ. St. Art. 5190.6, which are incorporated herein by
reference for all purposes. In the event any provision of the Agreement is in conflict with
article 5190.6, article 5190.6 shall prevail.
Page 3 of 4
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c. This Agreement contains the entire agreement of the parties regarding the within subject
matter and may only be amended or revoked by the written agreement executed by all of the
parties hereto.
d. This Agreement shall be governed by the laws of the State of Texas and is specifically
performable in Collin County, Texas.
e. Any notice required or permitted to be given under this agreement shall be deemed delivered
by depositing the same in the United States mail, certified with return receipt requested,
postage prepaid, addressed to the appropriate party at the following addresses, or at such
other address as any part hereto might specify in writing:
WEDC: Samuel D. R. Satterwhite
Executive Director
Wylie Economic Development Corporation
250 South Highway 78
Wylie, Texas 75098
COMPANY: Ronald P. and Carole A. Trout
1241 Mohawk Trail
Richardson, TX. 75080
Attention: Ron Trout
By the execution hereof, each signatory hereto represents and affirms that he is acting on behalf of the
party indicated, that such party has taken all action necessary to authorize the execution and delivery of
the Agreement and that the same is a binding obligation on such party.
EXECUTED this day of January, 2017.
WEDC:
Wylie Economic Development Corporation
By:
Sam Satterwhite, Executive Director
COMPANY:
Ronald P. and Carole A. Trout
By:
Ronald P. Trout, Owner
By:
Carole A. Trout, Owner
Page 4 of 4
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Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Samuel Satterwhite, Executive Directo
SUBJECT: Parking Improvements
DATE: January 18, 2017
Issue
Consider and act upon issues surrounding the construction of parking improvements on WEDC
property located at 111 N. Ballard.
Analysis
The WEDC purchased a 0.2-acre tract from First Baptist Wylie in June of 2016. The WEDC is
close to receiving a bid to relocate utility poles and replace transformers on the back of the property
which may impact the ultimate design of the lot to utilize the alley. It is surprisingly difficult to
get a bid from Oncor but Mr. Greiner assures me he will have one by Friday morning.
As currently laid out,the WEDC can get approximately 22 spaces on the property if we are exiting
into the existing FBC parking lot.
Staff hopes to have more information for the Board at the meeting.
Recommendation
Staff has no recommendation at this time.
Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Samuel Satterwhite, Executive Directo
SUBJECT: Staff Report
DATE: January 17, 2017
Issue
Staff report: review issues surrounding WEDC Performance Agreement Summary, the Wedge
Corporation, Environmental Activity Summary, REVA Hospitality, Highway 78 WEDC Pad
Sites, WEDC Lease properties, Promotional Activities, 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: ACG Texas LP, 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, McClure Partners, Patna
Properties, VIAA Properties, Von Runnen Holdings, Wedge Corporation, and Woodbridge
Crossing.
Woodbridge Crossing
Attached for the Board's review is the Sales Tax Reimbursement Report which identifies all sales
taxes received through December 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.
$3,962,373 in reimbursement has been earned through December 2016 with net receipts of
$3,186,843 after reimbursements. The current real & personal property valuation is $61.3 mm
with it being estimated that $4.1 mm has been paid in ad valorem taxes to the City of Wylie
WEDC- Staff Report
January 17, 2017
Page 2 of 3
(excluding the WISD). As shown on the Sales Tax Reimbursement Report, $104,436 was
generated in sales tax in October 2016 versus $97,528 in October 2015. This represents 7.08%
increase over 2015 receipts.
The Wedge Corporation
The Wedge Corporation qualified for a second Performance Credit under its Performance
Agreement with the WEDC. A loan was entered into between The Wedge and WEDC under
which Economic Incentives were provided for the completion of qualified infrastructure associated
with the development and ongoing operation of The Rock Wood Fired Kitchen. The Loan was
also secured by Guaranty Agreements from The Wedge Principals, Jay Gigandet and Don Bellis,
which were previously released under the terms of the Agreement.
Environmental Activity Report
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, 111 N. Ballard, 908 Kirby,201 Industrial Court,is processing the VCP application
for the Commerce property, and processing the Municipal Setting Designation through the City.
REVA Hospitality—Holiday Inn Express
The Feasibility Period for the property acquisition on Sanden expired on 1-17-17 with closing still
set for February 1st. As well, civil and site plans along with a preliminary plat has been submitted
to the City of Wylie and is attached for your review.
Highway 78 WEDC Pad Sites
Helmberger Associates is evaluating bids for median and driveway improvements which should
be finalized by January 27th. Staff is also working closely with Oncor Electric to determine the
most effective way to serve the site. The current goal is to secure an overhead utility easement
from the adjacent Baylor property to the west. Staff's goal is to secure the easement by January
27th as well.
Peddicord Center
The Wylie City Council has determined that it will not continue its lease of the Bart Peddicord
Center from the WEDC. Staff is seeking direction from the Board in terms of information needed
to make a decision on the future use, if any, of the structure.
The WEDC is in receipt of$61,924 from TML in insurance proceeds from the hail claim. An
additional $43,960 is available in depreciation and code upgrades should the WEDC choose to
repair the building. Damages to the building included paint, ceiling tiles, insulation, dry wall,
roofing, HVAC, windows, lighting fixtures, and ductwork. If the building is demolished now or
in the future,those costs are estimated at$28,000.
WEDC- Staff Report
January 17, 2017
Page 3 of 3
WEDC Lease Properties
Staff is including an inventory of leasehold properties the WEDC owns,rent paid and due date for
each property, and if they are current on payments.
Promotional Activities
As reported regularly, the WEDC has a 1/4 interest in Maverick's Season tickets for the 2016-17
Season. A spreadsheet tracking the use of those tickets is attached for the Board's review.
Regional Housing Starts
Thirty-nine homes were permitted in Wylie for the month of December 2016 bringing the annual
total to four hundred nine. Sachse, Lavon, Murphy permitted a combined twelve over the same
period bring the cumulative annual total to four hundred sixty-four. Inspiration permitted two
homes in December and one-hundred sixty-four for the year.
No action is requested by staff for this item.
Attachments
Performance Agreement Summary
Woodbridge Crossing Reimbursement Report
Woodbridge Centre Reimbursement Report
W&M Activity Report
Holiday Inn Site Plan
Leasehold Inventory
Promotional Events Log
Regional Housing Permits
Outstanding Performance Agreement Summary
.... ........_....-__
Company Performance Obligations Expiration Incentive Comment/Notes
ACG Texas LP(IHOP) A. CO on 4,525 sf commercial building at a cost of
$1,100,000; receipts for$35,000 on Qualified
Infrastructure. 12/31/2017 $35,000
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 Paid
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 12/31/2014 $25,000 Paid
12/31/2015 $25,000 Paid
12/31/2016 $25,000 Paid
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
Outstanding Performance Agreement Summary
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
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
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 Paid
Form 941 evidencing a mimimum of 75 employees
employed not less than 90 days prior to CO. 5/1/2016 $25,000 Paid
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
Mil-Tib GP A. Demolition of 14,344 square foot facility
located at 209 S. Ballard at a cost of$76,500
confirmed via visual inspection byWEDC;
documentation evidencing demolition costs of
$76,500;verification current status on ad valorem
taxes on property. 7/1/2017 $38,250
McClure Partners Devel. Co., LLC A. Purchase of Williford Tracts by 10/1/16;
Complete demolition of all improvements,
foundations& paving by 12/31/16. Removal of
all debris,vehicles, inventory by 12/31/16. 12/31/2016 $25,000 Paid
B. Complete construction of 6,000 sf commercial
bldg w/Construction costs not less than
$1,350,000. CO not later than 9/30/17. 9/30/2017 $50,000
Patna Properties, Inc. A. CO for 4,283 sf building; documentation of
$700,000 in construction costs 10/1/2016 $20,000 Paid
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
Outstanding Performance Agreement Summary
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 Phase I. CO for Initial Phase including a Super 65%sales tax reimb 2009
Target by 8/1/09. 8/1/2009 2013; 85%sales tax reimb
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
B. CO for"The Rock" 12/31/2014 $137,500 Loan Advance #2
C. Evidence of Continuous Operation 12/31/2015 $91,666 Loan Advance Forgiven
D. Evidence of Continuous Operation 12/31/2016 $91,666 Loan Advance Forgiven
E. Evidence of Continuous Operation 12/31/2017 $91,668
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 54,097.50 108,195.00 162,292.51
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 55,183.98 27,591.99 27,591.99 110,367.95 0.65 17,934.79 35,869.58 53,804.38
Jun-16 Aug-16 75,925.05 37,962.53 37,962.53 151,850.10 0.65 24,675.64 49,351.28 74,026.92
362,628.45 58,927.12 117,854.25 176,781.37
Jul-16 Sep-16 46,925.74 23,462.87 23,462.87 93,851.48 0.65 15,250.87 30,501.73 45,752.60
Woodbridge Crossing
Sales Tax Reimbursement Report
Page 5
Filing Allocation City of 4B WEDC Applicable WEDC City Total
Period Period Wylie (1%) (0.5%) (0.5%) Total Rate(%) Reimbursement Reimbursement Reimbursement
Aug-16 Oct-16 63,826.65 31,913.33 31,913,33 127,653.30 0.65 20,743.66 41,487.32 62;230.98
Sep-16 Nov-16 59,856.95 29,928.48 29,928.48 119,713.90 0,65 19,453.51 38,907.02 58,360.53
341.218.68 55,448.04 110,896.07 166,344.11
Oct-16 Dec-16 52,217.94 26,108.97 26,108,97 104,435.88 0.65 16,970.83 33,941.66 50,912.49
Nov-16 Jan-17 0.00 0.00 0.00 0.00 0.65 000 0.00 0.00
Dec-16 Feb-17 0.00 0.00 0.00 0.00 0.65 0.00 0.00 0.00
104,435.88 16,970.83 33,941.66 50,912.49
Totals 7,149,216.05 1,320,791.03 2,641,582.06 3,962,373.09
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
May-16 Jul-16 5,622.45 2,811.22 2,811.22 11,244.89 2,811.22
Jun-16 Aug-16 36,078.78 18,039.39 18,039.39 $72,157.55 $18,039.39
Jul-16 Sep-16 5,553.88 2,776.94 2,776.94 $11,107.76 $2,776.94
Sub-Total $94,510.20 $23,627.55
Aug-16 Oct-16 5,386.52 2,693.26 2,693.26 $10,773.03 2,693.26
Sep-16 Nov-16 45,851.97 22,925.99 22,925.99 $91,703.94 $22,925.99
Oct-16 Dec-16 5,712.60 2,856.30 2,856.30 $11,425.19 $2,856.30
Sub-Total $113,902.16 $28,475.54
Total $898,157.37 $224,539.34
W M Environmental Program Tracking
Invoiced Date Descr.of Work Proj.Total I
605 Commerce Project Total: 91,838.19
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 15 2/28/ 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 Completed
87.50 8/18/15 Labor: Michael Henn
Contracted Amt: $12,000 2,676.25 8/31/15 Labor: Laura Foss; Michael Henn; Clay Snider
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;James 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
660.00 10/31/16 Labor: Clay Snider
W M Environmental Program Tracking
502.50 11/30/16 Labor: Michael Henn,Joshua Hopper, Clay Snider
Total 12,593.54
MSD(Municipal Setting
Designation) 393.75 7/14/15 Labor: Michael Henn
384.00 8/18/15 I 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: James Maxwell, Clay Snider
87.50 9/30/16 Labor: Clay Snider, Michael Whitehead
1,516.25 10/31/16 Labor: Frank Clark, Michael Henn, Clay Snider, Micahel Whitehead
Total 17,584.67
Indoor Air Sampling
Contract: $3,300 470.00 4/30/16 Labor: Mark Smith, Clay Snider Completed
($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 I Other Sub-Contactors: Laboratory
903.75 11/30/16 Labor: Michael Henn,Joshua Hopper,Jeremiah Roy, Clay Snider
Total: 4,539.50
Response Action Plan (RAP)
502.50 7/31/16 Labor: Joshua Hopper, Clay Snider
W M Environmental Program Tracking
Contract: $10,500 Labor: Frank Clark,Trudy Hasan,James Maxwell,Clay Snider, Ross
2,810.00 8/31/16 Tucker, Michael Whitehead.
36.27 8/31/16 Shipping, postage,delivery
393.75 9/30/16 Labor: Shan Ahmad
770.00 10/31/16 Labor: Michael Henn, Clay Snider, Michael Whitehead
172.50 11/30/16 Labor: Michael Henn,Joshua Hopper
Total: 4,685.02
j f
Response to TCEQ 458.75 10/31/16 Labor: Michael Henn, Clay Snider
Contract: $2,500 _ 1,841.15 10/31/16 Subcontractors: Laboratory($1,381.15), Drilling($460)
402.50 11/30/16 Labor: Michael Whitehead
Total: 2,702.40
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 II -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
Ltd Phase II - Contract$3,800 3,800.00. Completed
Total: 3,800.00
d'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 9/30/151 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
W M Environmental Program Tracking
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
900-908 lilt Project Total: 19,796.09
Phase I-Contract$2,800 2,800.00 10/31/16
2,800.00
Limited Phase II- Labor: Shan Ahmad, Michael Henn,Joshua Hopper, Clay Snider,
Contract$15,000 4,052.50 9/30/16 Michael Whitehead
11.18 9/30/16 Mileage
227.25 9/30/16 Vehicle Usage/W&M Equipment
937.50 10/31/16 '.Labor: Shan Ahmad, Michael Henn, Clay Snider, Michael Whitehead
11,450.55 10/31/16 Subcontractors: Laboratory($3,685.75), Drilling($7,764.80)
98.36 10/31/16 Misc.Supplies
218.75 10/31/16 Vehicle Usage/W&M Equipment
16,996.09
201 Industrial Ct Project Total: 2,400.00
Phase I -Contract$2,400 2,400.00 10/17/16
2,400.00
Spent Contracted
Total W&M Expenditures: 148,993.86 $152,200
SITE DEVELOPMENT PLANS FOR HOLIDAY INN EXPRESS
2.475 ACRES OF LAND SITUATED IN THE DUKE STRICKLAND SURVEY ABSTRACT NO,841
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Wylie EDC Leasehold Inventory -January 2017
Tenant Due Date Address ;Amount Due Current
Helical Concepts 1st 710-711 Cooper $400 Y
Wheels Unlimited 15th 605 Comm-Ste 201 $1,400 N-1
Trimark Catastrophe 15th 605 Comm-Ste 204 $1,000 N-1
Dennis Richmond 1st Steel Rd $500 Y
Austin/Said LLC 1st 605 Commerce $2,000 N-1.5
Austin/Said LLC 1st 106 N. Birmingham $1,000 N-1
DCU 1st 900 Kirby l $3,400 Y
Auto Hail 1st 908 Kirby $3,000 Y
Delta-E ,1st 201 Industrial Ct $8001 Y
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i
WEDC Promotional Activities
2016-17 Mavericks Tickets
Date Attendees
LOctober , 2016 W&M Environmental (Pre-season)
October 28, 2016 Coventry Reserve-Auction Item (Pre-Season)
November 6, 2016 Jim Campbell - Chairman of the Board, Lone Star Circuits
November 18, 2016 Wylie Eye Center
December 27, 2016 United Commercial Realty
January 7, 2017 Primary Integration Systems
Regional Housing Permits
Wylie Lavon
08 09 10 11 12 13 14 15 16 08 09 10 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
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
April 59 16 23 18 29 38 10 57 41 April 4 6 13 1 12 24 7 11 1
May 41 11 26 18 20 22 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 34 July 12 14 11 2 3 1 14 12 1
August 28 22 24 16 20 19 19 30 25 August 1 14 12 9 6 3 1 5 0
September 22 38 23 22 15 8 17 24 18 September 3 1 0 6 7 6 2 7 0
October 22 15 17 16 128 30 21 32 26 October 1 3 14 4 2 1 9 5 0
November 17 21 13 5 14 18 20 33 11 November 3 13 5 5 3 2 1 2 0
December 14 31 15 10 16 23 65 38 39 December 19 2 1 7 1 4 5 6 0
TOTAL 413 257 264 201 230 236 280 483 409 TOTAL 61 89 99 60 48 68 100 77 17
Mur.h Sachse
08 09 10 11 12 13 14 15 16 08 09 10 11 12 13 14 15 16
January 14 2 14 4 7 26 13 1 12 January 12 5 17 14 8 13 18 14 16
February 16 1 15 3 14 4 5 5 4 February 11 8 10 3 11 8 29 17 31
March 12 4 15 9 6 6 8 4 5 March 7 11 11 9 12 1 13 24 31
April 12 7 12 8 10 23 1 3 8 April 15 12 11 8 4 13 17 12 24
May 12 7 5 11 14 7 7 2 2 May 15 6 13 11 17 10 21 6 21
June 25 12 13 6 19 15 6 7 4 June 22 17 11 8 17 14 16 38 25
July 13 12 7 7 16 7 22 4 2 July 17 11 15 7 14 15 30 12 22
August 15 6 3 4 13 15 16 2 21 August 18 12 14 5 19 10 29 41 32
September 6 12 7 4 10 10 3 3 6 September 16 13 3 12 12 17 23 27 20
October 7 4 8 3 16 16 4 0 2 October 25 15 3 8 15 25 18 31 29
November 3 5 7 3 17 5 5 2 6 November 10 14 4 6 9 12 27 26 12
December 3 14 9 8 7 15 4 0 1 December 9 12 6 7 10 11 39 12 11
TOTAL 138 86 115 70 149 149 94 33 73 TOTAL 177 136 118 98 148 149 280 260 274
Inspiration
Jan Feb Marc Apr May Jun Jul AugSep Oct Nov Dec Total
15 ismoi 10 6 Emig 14 4 8 ®mm,
16 10 19 1111 9 um 40 8 14 1.11EI 18 MC
Regional Housing Permits
Wylie Pending Developments 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