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04-19-2017 (WEDC) Agenda Packet NOTICE OF MEETING Wylie EconomC ic R DPeOveRloA T I pmentO N Regular Meeting Agenda April 19, 2017 —6:30 A.M. WEDC Offices — Conference Room 250 South Highway 78 —Wylie, Texas Marvin Fuller President Todd Winners 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 Satterwhite Executive Director Jason Greiner Assistant Director Angel Wygant Senior Assistant In accordance with Section 551.042 of the Texas Government Code, this agenda has been posted at the Wylie Alunicipal Complex, distributed to the appropriate news media, and posted on the City Website: www.wvlietexas.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 IIEDC Board requests that comments be limited to three (3) minutes. In addition, the WEDCBoard 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 March 21, 2017 Minutes of the Wylie Economic Development Corporation (WEDC) Board of Directors Meeting. II. Consider and act upon approval of the March 2017 WEDC Treasurer's Report. III. Consider and act upon amending the Regular Meeting date and time for WEDC Board of Directors. IV. Consider and act upon a FY 2016 - 2017 Mid-Year Budget Amendment. V. Consider and act upon issues surrounding an Amendment to the Performance Agreement between McClure Partners Development Company, LLC and the WEDC. WEDC —Agenda April 19, 2017 Page 2 of 2 DISCUSSION ITEMS VI. Staff report: review issues surrounding WEDC Performance Agreement Summary, Woodbridge Crossing, Environmental Activity Summary, Highway 78 Pad Sites, 100 Oak Street, F.M. 544 pad sites, Metalbilia, 900-C Kirby, 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: • Commerce & 544 • Ballard & College • 544 & 78 • Birmingham & 78 Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). • Project 2016-lb • Project 2016-l0a • Project 2017-l a • Project 2017-2a • Project 2017-3b RECONVENE INTO OPEN MEETING Take any action as a result from Executive Session. ADJOURNMENT CERTIFICATION I certify that this Notice of Meeting was posted on this 13th day of April 2017 at 5:00 p.m. as required by law in accordance tii'ith 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 Tuesday, March 21, 2017 —6:30 A.M. WEDC Offices— Conference Room 250 South Highway 78 — Wylie, Texas CALL TO ORDER Announce the presence of a Quorum President Marvin Fuller called the meeting to order at 6:33 a.m. Board Members present were John Yeager, Todd Wintters and Bryan Brokaw. Demond Dawkins arrive at 6:35 a.m. Ex-officio member Mindy Manson, City Manager was present. WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner and Senior Assistant Angel Wygant. CITIZEN PARTICIPATION President Fuller welcomed citizen guests Lynn Grimes and Ian McGregor. Ms. Grimes reminded the Board that Taste of Wylie was scheduled for Monday, April 24th and encouraged Board members to attend if they were available. With no further citizen participation, President Fuller proceeded to Action Items. ACTION ITEMS ITEM NO. 1 — Consider and act upon approval of the February 24, 2017 Minutes of the Wylie Economic Development Corporation (WEDC) Board of Directors Meeting. MOTION: A motion was made by John Yeager and seconded by Bryan Brokaw to approve the February 24, 2017 Minutes of the Wylie Economic Development Corporation. The WEDC Board voted 5 —FOR and 0 — AGAINST in favor of the motion. ITEM NO. 2— Consider and act upon approval of the February 2017. WEDC Treasurers Report. Staff covered the highlights of the Treasurers Report noting that Ascend had been paid their final Incentive payment. He also noted that lease payments were in good standing with all but one tenant current and that tenant being 3 weeks in arrears. Staff expects that situation to be corrected shortly. MOTION: A motion was made by Todd Wintters and seconded by Demond Dawkins to approve the February 2017 Treasurers Report for the Wylie WEDC —Minutes March 21, 2017 Page 2 of 7 Economic Development Corporation. The WEDC Board voted 5 — FOR and 0 — AGAINST in favor of the motion. ITEM NO. 3 — {Remove from Table} Consider and act upon issues surrounding a Performance Agreement between WEDC and SAF-Holland USA. MOTION: A motion was made by Todd Winters and seconded by John Yeager to Remove Item from Table. The WEDC Board voted 5 —FOR and 0 — AGAINST in favor of the motion. As directed in Executive Session, WEDC counsel has drafted a Performance Agreement between the WEDC and SAF-Holland USA(Holland). The value of the new equipment along with additional capital investment in personal property is estimated at $4.67 mm. The economic incentive over the next four years to Holland is based upon new jobs created and new personal property value. Mr. Jason Greiner has been working with Impact Data Source which develops economic models to evaluate the cost-benefit to a community providing incentives to new or expanding companies. Mr. Greiner and Impact Data Source finalized the analysis and provided a full oral and written report to the Board. Two Economic Impact analysis scenarios were provided to the Board and Mr. Greiner explained how the differing data input on the number of employees affected the short and long-term economic impact to the community. Staff mentioned that the President of SAF-Holland had offered to host the WEDC Board for a tour of the facility if the Board would be interested in that at a later date. The Board indicated they would like to tour the facility. Staff recommended that the WEDC Board of Directors approve a Performance Agreement between the WEDC and SAF-Holland USA. MOTION: A motion was made by Todd Wintters and seconded by John Yeager to approve a Performance Agreement between the WEDC and SAF- Holland USA. The WEDC Board voted 5—FOR and 0—AGAINST in favor of the motion. Mayor Eric Hogue arrived at 6:53 a.m. ITEM NO. 4 - Consider and act upon an agreement with Impact Data Source for consulting services. Attached for review was a proposal from Impact DataSource for Consulting Services. The program would allow WEDC Staff to develop more in-depth economic impact analysis when evaluating projects. Impact DataSource would prepare and provide a custom Impact DashBoardTM or computer model that analyzes the overall economic and fiscal impact of each unique project. The web based application is WEDC —Minutes March 21, 2017 Page 3 of 7 designed with our local tax rates and then analyzes each project's capital investment, job creation and average wage. As was shown on Page 3 of the proposal, the annual subscription fee equals $4,750 which establishes a one-year service agreement. A six-month subscription is available to us as well for $2,375. This reduced amount would cover the remainder of this fiscal year and then the Board will have the option to renew the subscription at the annual rate in the new budget year. Board Member Dawkins inquired about previous projects to see what the payback period was in actuality. Satterwhite indicated that Mr. Greiner would be charged with taking a sampling of pervious projects to determine if our internal projects were accurate. Staff recommended that the WEDC Board of Directors authorize the assistant director to enter into an agreement with Impact DataSource in the amount of$2,375 for the creation and subscription of our own Impact DashBoardTM MOTION: A motion was made by Bryan Brokaw and seconded by Todd Wintters to authorize the assistant director to enter into an agreement with Impact DataSource in the amount of$2,375 for the creation and subscription of our own Impact DashBoardTM. The WEDC Board voted 5 —FOR and 0 — AGAINST in favor of the motion. ITEM NO. 5 — Consider and act upon issues surrounding the construction of parking improvements on WEDC property located at 111 N. Ballard. MOTION: A motion was made by John Yeager and seconded by Demond Dawkins to Remove Item from Table. The WEDC Board voted 5 —FOR and 0 — AGAINST in favor of the motion. Staff informed the Board that the City Engineer had received the plans for parking improvements on WEDC property located adjacent to and south of Boyd Recording Studio on Ballard Street. The plans identify 18, angled parking spaces coming in from Ballard Street and exiting around the east side of property owned by Mr. Billy Conkle to Oak Street as was shown on the provided Paving Plans. Following comments and final approval from the City Engineer, Helmberger Associates will send these plans out for bid to at least three qualified contractors. Construction costs have been estimated at $105,000 for paving and $25,000 for Oncor to relocate two existing utility poles and replace multiple transformers. Mr. Greiner received the Oncor estimate via email but will now send final plans to Oncor for a more formalized quote. The only outstanding issue is the unknown cost for relocating Frontier service lines which Mr. Greiner is currently pursuing. Staff recommended that the WEDC Board of Directors authorize the Executive Director to enter into a Construction Contract for parking improvements and an Agreement with Oncor for the relocation of utility poles and transformer upgrades not to exceed $135,000 cumulatively. WEDC —Minutes March 21, 2017 Page 4 of 7 President Fuller inquired about the need for a designated handicap spot in the parking improvements. The Board agreed that it might be advantageous to offer one near the sidewalk along Ballard across from Olde City Park. Staff was directed to explore this option as well as the possibility and costs associated with creating deeper parking spots, where possible, extending to the edge of the property owned by Boyd Studios. Staff will explore incorporating these adjustments into the final design subject to approval by the City Engineer. MOTION: A motion was made by Todd Wintters and seconded by John Yeager to authorize the Executive Director to enter into a Construction Contract for parking improvements and Agreement with Oncor for the relocation of utility poles and transformer upgrades not to exceed $135,000 cumulatively. The WEDC Board voted 5 —FOR and 0— AGAINST in favor of the motion. ITEM NO. 6 — Consider and act upon an amendment to a Performance Agreement between WEDC and DANK Real Estate Ltd. Staff reviewed for the Board the requirements necessary for DANK Real Estate to qualify for incentive payment 3 of 3. DANK is in compliance with the terms of the performance agreement having a real property valuation of$939,362 and a business personal property valuation of$367,728 for a total taxable valuation of$1,307,090. However, this year's property taxes were inadvertently overlooked and were not paid until February 24, 2017. Given that DANK Real Estate is current on property taxes, penalties and interest, and has complied with all other terms of the Performance Agreement, staff believed that the spirit of the agreement had been upheld and recommended that the Board approve a First Amendment to the agreement allowing for an extension by which DANK Real Estate, Ltd must have ad valorem property taxes paid to February 24, 2017. MOTION: A motion was made by John Yeager and seconded by Todd Wintters to approve a First Amendment to the Performance Agreement between WEDC and DANK Real Estate, Ltd. allowing for an extension of the time period by which ad valorem property taxes must be paid to February 24, 2017. The WEDC Board voted 5 — FOR and 0 —AGAINST in favor of the motion. ITEM NO. 7-Consider and act upon an amendment to a Performance Agreement between WEDC and VIAA Properties, LLC. Staff reviewed for the Board the requirements for VIAA Properties, LLC to qualify for incentive payment 2 or 2. VIAA is in compliance with the terms of the performance agreement having a real property valuation of$1,162,446 and a business personal property valuation of$99,600 for a total taxable valuation of$1,262,046. However, this year's property taxes were inadvertently overlooked and were not paid until February 14, 2017. R WEDC—Minutes March 21, 2017 Page 5 of 7 Given that VIAA Properties, LLC is now current on property taxes, penalties and interest, and has complied with all other terms of the Performance Agreement, staff believed that the spirit of the agreement had been upheld and recommended that the Board approve a First Amendment to the agreement allowing for an extension of the time period by which ad valorem property taxes and fees must be paid to February 14, 2017. MOTION: A motion was made by Bryan Brokaw and seconded by John Yeager to approve a First Amendment to the Performance Agreement between WEDC and VIAA Properties, LLC allowing for an extension of the time period by which ad valorem property taxes and fees must be paid to February 14, 2017. The WEDC Board voted 5 —FOR and 0 —AGAINST in favor of the motion. City Manager Mindy Manson departed the meeting at 7:45 a.m. ITEM NO. 8-Consider and act upon an amendment to a Performance Agreement between WEDC and Getset,LLC. Staff reviewed for the Board the requirements for Getset, LLC to qualify for incentive payment 2 of 3. Getset is in compliance with the terms of the performance agreement having a real property valuation of $937,428 and a business personal property valuation of $815,551 for a total taxable valuation of $1,752,979. Property taxes for business personal property were paid on 1/30/17 but real property taxes were inadvertently overlooked and not paid until March 15, 2017. Given that Getset, LLC is current on property taxes, penalties and interest, and has complied with all other terms of the Performance Agreement, staff believed that the spirit of the agreement had been upheld and recommended that the Board approve a First Amendment to the agreement allowing for an extension of the time period by which real property ad valorem property taxes must be paid to March 15, 2017. MOTION: A motion was made by John Yeager and seconded by Bryan Brokaw to approve a First Amendment to the Performance Agreement between WEDC and Getset, LLC allowing for an extension of the time period by which ad valorem property taxes must be paid to March 15, 2017. The WEDC Board voted 5 — FOR and 0 — AGAINST in favor of the motion. DISCUSSION ITEMS ITEM NO. 9 — Staff report: review issues surrounding WEDC Performance Agreement Summary, Environmental Activity Summary, Meeting Date/Time, Highway 78 WEDC Pad Sites, F.M. 544 pad sites, Local Entrepreneur Focus Group, Promotional Activities, and regional housing starts. No action was requested by staff for this item. WEDC—Minutes March 21, 2017 Page 6 of 7 ITEM NO. 10— Discuss issues surrounding a Regional Advertising and Marketing Initiative. Staff reminded the Board that within the FY 2016 — 2017 Budget, the WEDC Board of Directors dedicated $100,000 for regional advertising and marketing with the intent of promoting Wylie to the smaller region of Garland, Richardson, Plano, Allen, McKinney and to the larger region of the D/FW metroplex. In collaboration with City of Wylie Public Information Office, staff presented a proposed outline of the program for discussion and input. Mr. Craig Kelly, with whom Staff has been collaborating, has assisted in developing the plan details and further agreed to facilitate and help with implementation. The branding exercise will most likely begin with a Council work session to receive general direction. The balance of efforts will be event driven. Staff noted that the identified line items only represent $74,000 of the budgeted $100,000. Year 2 of this multi-year campaign could be judged against the above efforts and refined accordingly. As well, Year 2 would obviously not include funding for Brand Development. Staff presented this Item for information only. Board Member Bryan Brokaw departed the meeting at 8:29 a.m. EXECUTIVE SESSION Recessed into Closed Session at 8:32 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: • Birmingham& Highway 78 • Brown & Ballard Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). • Project 2015-12a • Project 2016-10a • Project 2017-l a • Project 2017-2a • Project 2017-3a • Project 2017-3b RECONVENE INTO OPEN MEETING The WEDC Board of Directors reconvened into open session at 8:56 a.m. and took no action. WEDC - Minutes March 2 I, 2017 Page 7 of 7 ADJOURNMENT With no further business, President Fuller adjourned the WE➢C Board meeting at 8:56 a.m. Marvin Fuller, President ATTEST: Samuel Satterwhite, Director Wylie Economic Development Corporation MEMORANDUM TO: Samuel Satterwhite, Executive Director FROM: Angel Wygant, Senior Assistant(r4__ SUBJECT: March 2017 Treasurer's Report DATE: April 7, 2017 Issue Consider and act upon approval of the March 2017 WEDC Treasurer's Report. Analysis From the Balance Sheet,page 1: Deposits - $7,000. 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 and a $5,000 Escrow Deposit for the purchase of the McMillan Property located at 105 N. Jackson Street. Loan Receivable - $58,901.17. 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 33 payments remaining with a balloon payment of$33,248.44 due on 12-15-19. Account Rec — Forgivable Loans - $371,666.66. This figure includes the remaining balance of The Wedge loan in the amount of $91,666.66. Assuming The Wedge remains in compliance with their Performance Agreement, forgiveness of the remaining loan balance will be made on 12/31/18. The figure above also includes the loan made to Exco Extrusion Dies in the amount of $350,000. The first loan payment was forgiven on February 24, 2017 in accordance with the terms of the Performance Agreement. Assuming Exco remains in compliance, the remaining 4 loan payments will be forgiven in equal amounts of $70,000 on an annual basis effective February 24tn Deferred Outflows - $589,500. This is a total of incentive payments which are due in the future. A breakdown of these charges includes: B & B Theatres - $50,000, Dank Real Estate - $7,500, GetSet - $20,000, All State Fire - $40,000, Von Runnen Holdings - $10,000, Exco Extrusion Dies — $60,000, KREA - $100,000, McClure Partners - $50,000, T.W. Snider - $42,000, VIAA - WEDC March 2017 Treasurer's Report April 7, 2017 Page 2 of 3 $20,000, Patna Properties - $10,000, Freudiger Holdings - $30,000, ACG Texas - $35,000, Trout - $15,000, and REVA Hospitality- $100,000. From the Balance Sheet,page 2: Deferred Inflow - $214,901.17. The Deferred Inflow Account tracks deferred revenues to be received from Wylie Ice Cream Holdings and Exco Extrusion Dies. The Wylie Ice Cream deferred revenue is reduced by the monthly principal payment actually received, which for March was $747.95. The Exco Extrusion Dies deferred revenues will be reduced by $39,000 annually over a 5-year period. The annual $39,000 amount represents one fifth of the $195,000 profit that would have occurred if the loan forgiveness were not in place ($350,000 - $155,000= $195,000). Revenue and Expense Report,page 2: Interest Earnings - $248.54. Interest earnings from the Wylie Ice Cream Holdings Loan Repayment - $747.95. Principal payment from the Wylie Ice Cream Holdings. Rental Income — $7,500. DCU - $3,400, Delta-E - $800, Wheels Unlimited - $1,400, Richmond Hydromulch- $500, Trimark- $1,000, Helical Concepts - $400. Revenue and Expense Report,page 3: Office Supplies - $126. Wylie Days Book Binding(126). Food Supplies - $127.56. WEDC Board Mtg. Meal — February ($61.11), Kitchen Supplies — ($66.45). Incentives - $108,477.84. Mil-Tib Payment 1/1 ($38,250), Woodbridge Crossing — Qrtly Sales Tax Reimbursement($70,227.84). Special Services — $13,924.49. Retail Coach Payment 1 of 2 ($10,000), Janitorial ($157.50), Plant — Martin Ofc Opening ($42.99), Qrtly Pest Control ($95), SWPPP Hwy 78 ($425), Environmental: 605 Commerce ($1,150), Hwy 78 ($1,233),Kirby($821), Advertising - $2,905. In & Around($1,555), Chamber Directory($1,200), Downtown Audio Ad ($150). Community Development - $2,325. Taste of Wylie ($1,000), Farmersville Rotary Sponsor ($750), WISD Galaxy Teacher Award ($500), Chamber luncheon($75). Travel & Training - $6,940.34. HK Strategies — Greiner ($10), ICSC Parking ($12), TEDC Parking ($72), TEDC Reg. Greiner ($400), TEDC Hotel — Greiner ($656.12), TEDC Air — Greiner ($243.40), TEDC Taxi — Greiner ($67.62), TEDC Meals — Greiner ($57.93), Wylie WEDC March 2017 Treasurer's Report April 7, 2017 Page 3 of 3 Taxi — Greiner ($72.87), Wylie Days Meal — Greiner ($34.26), Wylie Days — Air— Greiner ($75), Wylie Days Hotel — Greiner ($240.35), Wylie Days Hotel — Brokaw ($240.35), Wylie Days Legislative Event ($2,516.00), Wylie Days Hotel — Satterwhite ($774.01), Wylie Days Parking ($48), Collin County Days ($1,000), Mtg/Prospect Recruit—($420.43). Dues & Subscriptions - $687.86. ICSC Membership - Hogue ($50), Club Corp Dues—February ($637.86). Insurance - $303. Blanket Bond Renewal. Audit & Legal - $5,360. Atty Fees: CFA ($1,740), Dallas Whirlpool ($220), McMillan ($160), Anonymous Complaint ($3,160), proposed development ($80). Engineering & Architectural - $9,645.70. Engineering Services: Hwy 78 Deceleration Lane ($2,082.93), Downtown Parking ($7,562.77). Recommendation Staff recommends that the WEDC Board of Directors approve the March 2017 Treasurer's Report. Attachments March 2017 Treasurer's Report Sales Tax Revenue Wylie Economic Development Corporation Statement of Net Position As of March 31,2017 Assets Cash and cash equivalents $ 1,011,094.00 Receivables $ 430,567.83 Note 1 Inventories $ 8,913,591.72 Prepaid Items $ - Total Assets $ 10,355,253.55 Deferred Outflows of Resources Pensions $ 66,481.55 Total deferred outflows of resources $ 66,481.55 Liabilities Accounts Payable and other current liabilities $ 112,853.29 Unearned Revenue $ 220,901.17 Note 2 Non current liabilities: Due within one year $ 1,877,091.67 Note 3 Due in more than one year $ 3,948,895.25 Total Liabilities $ 6,159,741.38 Deferred Inflows of Resources Pensions $ 2,839.41 Total deferred inflows of resources $ 2,839.41 Net Position Net investment in capital assets $ - Unrestricted $ 4,259,154.31 Total Net Position $ 4,259,154.31 Note 1: Includes incentives in the form of forgivable loans for$371,666.66 Note 2: Wylie Ice Cream loan payments;Exco amortization;deposits from rental property Note 3: Liabilities due within one year includes compensated absences of$57,489.00 Note 4: The WEDC provides monetary incentives to companies to relocate/expand within the City of Wylie. At March 31,2017,these commitments totaled$589,500.00. rm LT' OF WYLIE PAC;E: BALANCE SEEET A".-_; OF: MARCH ill-wyLrr DEVEL .:ORP ACCOUNTf TITLE AS...SY.T5 • C: CLANA EOWV :,014,362.47 IODO-le-_,':15 CASH - WED;:: TNWOOLD 1010-1 1).o0 101.1- ',014.on ]0*;1-1PFI 07HER - MZSC .".:LEAR:N('; 0.00 10-1D341 TrAP(.1C.. rLOO 033-1.054S 11.130 1000-1C4111 INTEREST RECE:VA5,...E. 0.00 ! ESC 0,10-1117 ACCTS - SALES TAX G.00 010-12810 lEASE PAYMENTS RECE:VABLE e_on 1M0--12 ,0 LOAN PRO'.2.RF.DS RECF7VABLE 0.00 WO-12E,96 WAN PECEIVAI3LE 58,901.17 1010-12,62 REC JTM TECH 0.00 l0on-121199 - LOANS "i000-1.112 INVENTORY - MATERIAL/ SUP;LY 6.00 !On0-14!1& INVENTORY - LAND 2. UiL0iNGS 9,913,591.'12 L5J0-14:1P ENVENTORY - B.AYCL)/ P,.Nli-JEN BLVD 0.60 1000-14.310 PFEPAID EX:If.NStS 14I52 c.c.n !010-14410 DEFERRED OUTFLOWS SR9,50D.00 10,04 ,022.02 TOTAL A'.,:.‘_:ETS 1.0,1141,,r122.02 - ••. • LIAR ILIT:ES 2000-2,;;10 1=FR.A.1. INCLINE TAX PAYAP,LE 0.00 2000-3C111 XF.DICARE PAYARLP. r:.00 :.11o11-30:12 SU?PORT PAYABLE G.00 11030-2&' I r',' D7^ UNION rAYABLE 0.0f1 2000-201 14 I713 LEW PAYARLF 1.G11 NATTONUIDE DEEERED COMP 0.06 2000-20 1 !!‘i1.1P. PAY-F.MPLOYEE 0.11) 3610-2611.7 TXRS PAYABLE 0.60 2000-20110 ROTH IRA PAYABLE 0.00 21)10-2019 WORF.ERS CCXP PAYAELE 6.110 2000-20=:: PAYAaLE 0.00 2000-22121 TEC PAYABLE 11.1.0 20.141-20122 STUDENT LOAN LEVY PAYABLE e,,co ?111!13-70123 Ai.MNY PAYABLE 0.00 2i-104-2N:A BANKRUnCY PAYABLE 0.00 2041-2(.1.!"29 VALif: :-/EFERRED 9:1:44P 0.00 2000-20126 ICNA PAYABLE 0.00 3000.- 007 EMP. LECAL SERV1=CFS 0.00 200C1-201.-0 ILE> 11LE SPENr:7N1; AC:COUNT 375.00 20:)0-212131 FONAP.D .MNES DEFERRED COMP 1.1.00 2100-201.32 13.11> CAP.F. FL1TE 12.00 2(100-201',1 ACCR,JED WA,_;L.:.I PAYABLE 0.00 2100-20160 ADDLE EXL-,LOYEE INSUR PAY n.co 2000-21q9 M:SC PAYROU PAYABLE O_CO 4-1)- 017 12:56 PM CITY OF WYL.1.E PAGE! 2 BALANt-E OIET OF: MARCH 11]--WYLI( N;)!41.0 DEVE1 wRr ACs'.-UNTR TITLE .... _ :1.00;1-2;.i2.01 An rEND7NO ,2)0.67 200,2-20210 ACCOUNTS PAYABLE 105,265.' 201,1-2n30 PRuPF9'.-, P:,vABI,F G.60 W1E6 ,7'AYAMLF, :189,S:p",.00 2000-20Pin DUE TO GENERAL 1,1NID U.(10 203,)-2220 DEFERRED :NFLCre: 214,9)1.17 700)-222.•!: DU INFLOW - LFAST1 PRINcIPAL c.rin 71 . 27200 OFFF.RED 70FLOW - LFANF. TNT 0.07 2112}-229I0 RENTAL DEPO111' 6,0)0.DO ToTAL LTA2t7LTTIES 92 ,254_46 EQUITY :i000-14110 FUND BALANcE - RESERVEDC.111 2000-34.590 FUND BALANCE-uNRESERV/UNDEsIc 8,229,357.46 TOTAL !',E:.;INN.7N0 EQUITY TOTAL REVENUE TOTAL EXPENSE 1,j),S, r!2,52 REVENUE (1VER/IUNDER) EXPENSES TOTAL EQUITY oVER/(UNDER) TuTAL I, A11T1,!TIF , EQUITY 4 OVERJ(UNOSR) 10,941,022_02 • Q-1C1-20_7 12:56 PM .ITY OF 11YLIE PAGE: BALANCE SHEET 1..S [1F=: MARCH 5'-=., 20!•• A.:COLNTN TITLE 1l. 1FR!d1•IF,12' NOTES 0.00 :7G0-181112 LOAN - :4E;;7C: G.00 :310-1P:::.1 LOAN - BIRIINC,HA11 0.00 1320-15210 ANOUI-1T TO BE PRc0:LE!7 U.011 1000-10 20 .'..'.111125Gil AN LOAN c.nn :O50-190=..4 FIF,F 011T [ON - C:ONT!t:1:JTIONS 73,1122.20 101.1-1�!0-.' JEF c 1'^F,OW - INVESTMENT EX? 1000-19:00 7E` Cli_TFLOW - ACT :;i{PIASS!R•7P 4,225.18 101•J-14'-25 {:;AIV!'('lOS 011 ASSUMPTION i:HG{ ,8'0. ,1} .-.. ..... 65,642.14 TOTAL ASSETS ,1d,642.14 LIAR:LITIES 201-2C-.310 C[:;3PENSATED A3:1'.EI•ICES PAYALLF 94,593.;;1 2E700-2G 31_ 'COP AB51,E[1C'5S PAY;A:i;,F-OL1RPEt0'1' 11,00 11 100-71410 ACCRUF.D INTEREST PAYABLE 4,630.25 2:1110-28205 WF^C' LOA[•:ORR.:U5IRENT 1,545,25F.21 2000-21220 RI 141011!AM LOAN a.0n 2i100-28230 iN'Wi;:10 LOAN {]-[]0 2.100-28212 551 LOAN/EDGE r:.Cn :'9.3p-2nc 33 5N33. [.OA?4.PF2LICORD WHI:'E 552,2';3.6 2000-757 i•1 A51? !:UAN lRANDACE NUONES 20,995.75 2.107-222.1i 25P. 1•1511 01.1111 2000-?8236 -1N1 CONSTRUCTION LOAN 0_00 200'7-25222 :411 LOAN/ 4::1411RRI11CI. PARKWAY 545,20-1.60 200,7-28738 AMR iOON!1UI.::?ANMI 162,440.60 20110-28239 ANI? LOAN/ ONE5:1!C13ART PAYOFF 193,693_04 2000-28240 EI[ICHES 12075N 6_00 ::030-'1;24S ANTI LC.1N/D,ALLAS WHIRLPO]t. 2,!1f3:;,a00.0U 20I)0-2A747 .1,LiiRARD LOAN 21(1,1172.1 23' -2R250 i ITY OF p{•01.15 LOAN 0.V1 200.1-28260 PR:[4E SLITS LOAN n.GQ 2'O00-252 0 110w.I.ANO/ANDFRIIIJN LOAN 9.00 2030-28280 (:APITAi. oNE :J50AD I.!1111 0.00 :5700-2$2'10 1!0EAR'I:2Oldi•:ERr' LOAN n.00 2000-29150 NET PENSION LIABILITY 185,112.12) T:7'1•Ai. 1-IAML:TIFS 5,58L45.92 EQUITY d0:1i]-34520 FUND LANOFE-UNRFSFRViUNDRS[G l 3,736,029.50( 30-30-359 3 UNRESTR.I.:TED NET P 1SLTI1N l 11•i,200.C101 TDTAL =101T1!113116 EQUITY ( 3,857,99�501 TOTAL REVENUE ( 2,3Ui:,0nr.•.nn! TOTA7, {PENS P. ! 311,164.721 4-10-2017 12:56 PM CITY OF WYLIE PAGE: 2 BALANCE SHEET AS OF: MARCH 31ST, 2017 922-GEN LONG TERM DEBT (WEDC) ACCOUNT# TITLE ........ ........... .... ........ REVENUE OVER/(UNDER) EXPENSES ( 1,968,835.28) TOTAL EQUITY & OVER/(UNDER) ( 5,819,833.78) TOTAL LIABILITIES, EQUITY & OVER/(UNDER) 63,642.14 ,l-l0-2n11 12:59 lit CITY OF WYLIE RAr.,1E; 1 REVENUE .Ni) EXPENBF. REPORT - (UNAUDITE1A AS OF; MARCil 11ST, 2017 111-NYLTE ECONOMIC DEUET CORP FINANCIAL SUMMARY CURRENT ilURREN'I PRIOR Y7.AR Y-1.--1.. Y--1"-D BUD11E7 "L, OF B17DGET PERIOD co An..7117. A'.:TUAL ENc.1UXPRANCE BALANCE RUP,(1ET REVE1111;1•1 SUMMARY TAXES 2,467,2.15.00 191,647,1i 0,00 8(12,500,54 6.70 1,604,194.46 34.91) INTERIWERNMENTAL REV. 0.00 0.:10 C1,00 0.00 0.00 0.011 0.:10 INIEREST INCOME 12,1138,00 1,264.96 G.00 9,675,44 0.00 3,282.56 74.61 MIS,:ELLANEDUS INC,..:ME 1,1 0, ,.1.)13,00 4,'7.00.0-3 0.00 1-',006,114 0.00 1,521,351.3G 1.11 0"7R. FINANCIW ScJURCES 0.00 0.01 D.00 2,2.00,010.00 0.C.0 ( 2,3(16,001.00) 0.110 TflTAL REVENUES 4.019,4111.00 200,412.69 0,00 1, 11,192.60 0.00 8211,423.38 09.36 EXPENPITURE symw,F,:l' DEVELOPMENT CORP-WEEK: -1,434,29/.00 .218,1)71.13 (1.00 i, 195, i.e2.i:: 0_119 1,,)R7,,324.I R .01.1:5 TOT A L EY,PEND I T!3E1.1.5 4,434,297,00 273,57:.vi. 11.01) 1, 016, ?72.s2 0.00 3,W1,52.4.4S :51.111 REVENUE OVEF/(UNDER) EXPENDITURES ( 461'..,(4“?.0.0) ( ,3,1111.041 (1,00 1,092,410.11 0.00 ( 2,253,096.10) i84.90- 4-10-2017 12:59 PM CITY OF WYLIE PAGE: 2 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: MARCH 31ST, 2017 111-WYLIE ECONOMIC DEVEL CORP REVENUES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET TAXES 4000-40150 REV IN LEIU OF TAXES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-40210 SALES TAX 2.467,295.00 191,647.73 0.00 862,500.54 0.00 1,604,794.46 34.96 TOTAL TAXES 2,467,295.00 191,647.73 0.00 862,500.54 0.00 1,604,794.46 34.96 INTERGOVERNMENTAL REV. ................ 4000-43518 380 ECONOMIC AGREEMENTS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL INTERGOVERNMENTAL REV. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 INTEREST INCOME 4000-46050 CERTIFICATE OF DEPOSIT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-46110 ALLOCATED INTEREST EARNINGS 1,000.00 268.47 0.00 1,504.70 0.00 ( 504.70) 150.47 4000-46140 TEXPOOL 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 2,962.85 248.54 0.00 3,729.33 0.00 766.48) 125.87 4000-46160 LOAN REPAYMENT (PRINCIPAL) 8,995.15 747.95 0.00 4,441.41 0.00 4,553.74 49.38 4000-46210 BANK MONEY MARKET INTEREST 0.00 _ 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL INTEREST INCOME 12,958.00 1,264.96 0.00 9,675.44 0.00 3,282.56 74.67 MISCELLANEOUS INCOME 4000-48110 RENTAL INCOME 72,600.00 7,500.00 0.00 48,006.64 0.00 24,593.36 66.12 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 4000-48430 GAIN/(LOSS) SALE OF CAP ASS 1,350,000.00 0.00 0.00 ( 31,000.00) 0.00 1,381,000.00 2.30- TOTAL MISCELLANEOUS INCOME 1,538,358.00 7,500.00 0.00 17,006.64 0.00 1,521,351.36 1.11 OTHER FINANCING SOURCES 4000-49160 TRANSFER FROM GENERAL FUND 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-49325 BANK NOTE PROCEEDS 0.00 0.00 0.00 2,300,000.00 0.00 ( 2,300,000.00) 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 2,300,000.00 0.00 ( 2,300,000.00) 0.00 TOTAL REVENUES 4,018,611.00 200,412.69 0.00 3,189,182.62 0.00 829,428.38 79.36 4-10-2017 12:59 PM CITY OF WYLIE PAGE: 3 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: MARCH 31ST, 2017 111-WYLIE ECONOMIC DEVEL CORP DEVELOPMENT CORP-WEDC DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET PERSONNEL SERVICES 5611-51110 SALARIES 267,575.00 30,875.58 0.00 139,190.83 0.00 128,384.17 52.02 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 0.0.7 0.00 0.00 0.00 0.00 5611-51170 PARAMEDIC INCENTIVE 0.00 0.00 0.1..10 0.00 0.00 0.00 0.00 5611-51210 CAR ALLOWANCE 12,600.00 1,453.89 0.00 6,132.55 0.00 6,467.45 48.67 5611-51220 PHONE ALLOWANCE 4,656.00 0.00 0.00 2,328.00 0.00 2,328.00 50.00 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 0.0] 0.00 0.00 0.00 0.00 5611-51310 TMRS 42,427.00 4,917.84 0.0:] 21,812.19 0.00 20,614.81 51.41 5611-51410 HOSPITAL & LIFE INSURANCE 32,521.00 2,850.12 0.0.7 16,850.24 0.00 15,670.76 51.81 5611-51415 EXECUTIVE HEALTH PLAN 0.00 0.00 0.0] 0.00 0.00 0.00 0.00 5611-51420 LONG-TERM DISABILITY 1,471.00 80.47 0.1)0 549.45 0.00 921.55 37.35 5611-51440 FICA 17,443.00 1,963.74 0.00 6,240.49 0.00 11,202.51 35.78 5611-51450 MEDICARE 4,079.00 459.25 0.01 2,060.97 0.00 2,018.03 50.53 5611-51470 WORKERS COMP PREMIUM 716.00 0.00 0.00 495.36 0.00 220.64 69.18 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 42,600.89 0.00 196,828.08 0.00 188,637.92 51.06 SUPPLIES 5611-52010 OFFICE SUPPLIES 5,500.00 126.00 0.00 1,147.91 0.00 4,352.09 20.87 5611-52040 POSTAGE & FREIGHT 980.00 0.00 0.00 16.89 0.00 963.11 1.72 5611-52130 TOOLS/ EQUIP (NON-CAPITAL) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-52810 FOOD SUPPLIES 2,250.00 127.56 0.00 609.64 0.00 1,640.36 27.10 5611-52990 OTHER 5,000.00 0.00 0.00 0.00 0.00 5,000.00 0.00 TOTAL SUPPLIES 13,730.00 253.56 0.00 1,774.44 0.00 11,955.56 12.92 MATERIALS FOR MAINTENANC 5611-54630 TOOLS & EQUIPMENT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-54810 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 1,175,281.00 108,477.84 0.00 542,599.84 0.00 632,681.16 46.17 5611-56040 SPECIAL SERVICES 127,600.00 13,924.49 0.00 73,455.98 0.00 54,144.02 57.57 5611-56080 ADVERTISING 144,700.00 2,905.00 0.0.7 15,921.00 0.00 128,779.00 11.00 5611-56090 COMMUNITY DEVELOPMENT 52,000.00 2,325.00 0.00 14,058.36 0.00 37,941.64 27.04 5611-56110 COMMUNICATIONS 9,350.00 587.30 0.00 2,859.08 0.10 6,490.92 30.58 5611-56180 RENTAL 29,328.00 2,444.00 0.0.7 16,923.42 0.0.7 12,404.58 57.70 5611-56210 TRAVEL & TRAINING 36,000.00 6,940.34 0.00 13,846.69 0.01 22,153.31 38.46 5611-56250 DUES & SUBSCRIPTIONS 19,560.00 687.86 O.UO 6,467.30 0.00 13,092.70 33.06 5611-56310 INSURANCE 4,310.00 303.00 0.0.0 3,201.10 0.00 1,108.90 74.27 5611-56510 AUDIT & LEGAL SERVICES 23,000.00 5,360.00 0.L10 19,579.50 0.00 3,420.50 85.13 5611-56570 ENGINEERING/ARCHITECTURAL 20,000.00 9,645.70 0.00 22,863.30 0.00 ( 2,863.30) 114.32 5611-56610 UTILITIES-ELECTRIC 2,400.00 145.74 0.00 701.22 0.00 1,698.78 29.22 TOTAL CONTRACTUAL SERVICES 1,643,529.00 153,746.27 0.00 732,476.79 0.00 911,052.21 44.57 4-10-2017 12:59 PM CITY OF WYLIE PAGE: 4 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: MARCH 31ST, 2017 111-WYLIE ECONOMIC DEVEL CORP DEVELOPMENT CORP-WEDC DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET I OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET DEBT SERVICE & CAP. REPL 5611-57110 DEBT SERVICE 1,910,906.00 0.00 0.00 0.00 0.00 1,910,906.00 0.00 5611-57410 PRINCIPAL PAYMENT 0.00 63,705.36 0.00 331,164.72 0.00 ( 331,164.72) 0.00 5611-57415 INTEREST EXPENSE 0.00 18,265.65 0.00 96,940.99 0.00 ( 96,940.99) 0.00 5611-57710 BAD DEBT EXPENSE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL DEBT SERVICE & CAP. REPL 1,910,906.00 81,971.01 0.00 428,105.71 0.00 1,482,800.29 22.40 CAPITAL OUTLAY 5611-58110 LAND-PURCHASE PRICE 128,866.00 0.00 0.0•7 2,482,573.30 0.00 ( 2,353,707 30) 926.48 5611-58120 DEVELOPMENT FEES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-58150 LAND-BETTERMENTS 0.00 0.00 0.0.7 0.00 0.�70 0.00 0.00 5611-58210 STREETS & ALLEYS 391,300.00 0.00 0.0) 37,400.00 0.00 353,900.00 9.56 5611-58410 SANITARY SEWER 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-58810 COMPUTER HARD/SOFTWARE 5,000.00 0.00 0.07 0.00 0.00 5,000.00 0.00 5611-58830 FURNITURE & FIXTURES 2,500.00 0.00 0.00:1 0.00 0.00 2,500.00 0.00 5611-58910 BUILDINGS 0.00 0.00 0.00 0.00 0_00 0.00 0.00 5611-58995 CONTRA CAPITAL OUTLAY 0.00 0.00 0.07 ( 2,482,573.30) 0.00 2,482,573 30 0.00 TOTAL CAPITAL OUTLAY 527,666.00 0.00 0.00 37,400.00 0.00 490,266.00 7.09 OTHER FINANCING (USES) 5611-59111 TRANSFER TO GENERAL FUND 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-59190 TRANSFER TO THORUGHFARE IMP 0.00 0.00 0.070 0.00 0.00 0.00 0.00 5611-59430 TRANSFER TO CAPITAL PROJ FU 0.00 0.00 0.0•.1 0.00 0.00 0.00 0.00 5611-59990 PROJECT ACCOUNTING 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL OTHER FINANCING (USES) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL DEVELOPMENT CORP-WEDC 4,484,297.00 278,571.73 0.00 1,396,772.52 0.00 3,087,524.48 31.15 TOTAL EXPENDITURES 4,484,297.00 278,571.73 0.00 1,396,772.52 0.00 3,087,524.48 31.15 REVENUE OVER (UNDER) EXPENDITURES ( 465,686.00) ( 78,159.04) 0.00 1,792,410.10 0.00 ( 2,258,096.10) 384.90- *** END OF REPORT *** 4-10-2017 1:02 PM DETAIL LISTING PAGE: 1 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2017 THRU Mar-2017 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAN # REFERENCE PACKET DESCRIPTION VEND INV/JE # NOTE AMOUNT==== ====BALANCE==== 5611-52010 OFFICE SUPPLIES BEGINNING BALANCE 1,021.91 3/09/17 3/09 A81369 CHK: 087991 88832 BOOKS-PPR,BND, TRIM 000392 25760 WEDC 126.00 1,147.91 --•• - = MARCH ACTIVITY DB: 126.00 CR: 0.00 126.00 5611-52040 POSTAGE & FREIGHT BEGINNING BALANCE 16.89 5611-52130 TOOLS/ EQUIP (NON-CAPITAL) BEGINNING BALANCE 0.00 5611-52160 TOOLS/ EQUIP - $100-$999.99 BEGINNING BALANCE 0.00 5611-52810 FOOD SUPPLIES BEGINNING BALANCE 482.08 3/20/17 3/20 A82262 DFT: 000321 89088 BOARD MTG MEAL 000912 8277 MAR17 WYGAN 27.45 509.53 3/20/17 3/20 A82262 DFT: 000321 89088 KITCH. SUPP 000912 8277 MAR17 WYGAN 42.80 552.33 3/20/17 3/20 A82262 DFT: 000321 89088 KITCH SUPP 000912 8277 MAR17 WYGAN 7.98 560.31 3/20/17 3/20 A82262 DFT: 000321 89088 KITCH SUPP 000912 8277 MAR17 WYGAN 15.67 575.98 3/20/17 3/20 A82262 DFT: 000321 89088 BOARD MTG MEAL 000912 8277 MAR17 WYGAN 13.18 589.16 3/20/17 3/20 A82262 DFT: 000321 89088 BOARD MTG MEAL 000912 8277 MAR17 WYGAN 9.95 599.11 3/20/17 3/20 A82262 DFT: 000321 89088 BOARD MTG. MEAL 000912 8277 MAR17 WYGAN 10.53 609.64 -- MARCH ACTIVITY DB: 127.56 CR: 0.00 127.56 5611-52990 OTHER BEGINNING BALANCE 0.00 5611-54630 TOOLS & EQUIPMENT BEGINNING BALANCE 0.00 5611-54810 COMPUTER HARD/SOFTWARE BEGINNING BALANCE 187.50 4-10-2017 1:02 PM DETAIL LISTING PAGE: 2 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2017 THRU Mar-2017 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAN # REFERENCE PACKET DESCRIPTION VEND INV/JE # NOTE AMOUNT==== ====BALANCE==== 5611-54990 OTHER BEGINNING BALANCE 0.00 5611-56030 INCENTIVES BEGINNING BALANCE 434,122.00 3/10/17 3/10 A81504 CHK: 088020 88879 MIL-TIB INCENT 1/1 004787 030617 INCENT 1/1 38,250.00 472,372.00 3/16/17 3/22 B55926 Misc 031617 15594 WOODBRIDGE SALES TAX REIMB JE# 026080 70,227.84 542,599.84 MARCH ACTIVITY DB: 108,477.84 CR: 0.00 108,477.84 5611-56040 SPECIAL SERVICES BEGINNING BALANCE 59,531.49 3/01/17 3/01 A80751 CHK: 087820 88575 ENVIR-COMM/KIRBY 004337 236 - 3I459.001 WE 821.00 60,352.49 3/01/17 3/01 A80752 CHK: 087820 88575 ENV. SVC- HWY 78 PJT 004337 23675 0H59.008 WE 1,233.00 61,585.49 3/01/17 3/01 A80753 CHK: 087818 88575 SWPPP INSP - HWY 78 004684 2)01;) WEDC 425.00 62,010.49 3/06/17 3/06 A80979 CHK: 087881 88669 TCEQ VCP COMM-DEC 16 001320 VCP 3104.1 1,150.00 63,160.49 3/09/17 3/09 A81368 CHK: 087986 88832 PLANT -MARTIN OFC 000386 9796 WEDC 42.99 63,203.48 3/10/17 3/10 A81531 CHK: 088030 88883 RET. COACH-CONS AGREE 1/ 002287 2559 WED' 10,000.00 73,203.48 3/28/17 3/28 A02708 CHK: 088328 89282 JANITORIAL SVC - MAR 17 002330 .1111. 157.50 73,360.98 3/31/17 3/31 A83020 CHK: 088399 89372 QRTLY PEST CONTROL 000792 87985 95.00 73,455.98 MARCH ACTIVITY DB: 13,924.49 ci: 0.0,1 13,924.49 5611-56080 ADVERTISING P.. C: I; N N i N G BALANCE 13,016.00 3/09/17 3/09 A81336 CHK: 087979 88828 IN & AROUND - MARCH '17 000391 13751 WEDC 1,555.00 14,571.00 3/28/17 3/28 A82762 CHK: 088344 89297 CHAMBER DIRECTORY 000468 8156 WEDC 1,200.00 15,771.00 3/28/17 3/28 A82764 CHK: 088345 89297 1ST QTR AUDIO ADVERTISIN 001078 234 WEDC 150.00 15,921.00 - MARCH ACTIVITY DB: 2,905.00 CR: 0.00 2,905.00 5611-56090 COMMUNITY DEVELOPMENT BEGINNING BALANCE 11,733.36 3/01/17 3/01 A80745 CHK: 087821 88575 TASTE OF WYLIE SPONSOR 000384 0n 1' ...;Frir 1,000.00 !2,734.31; 3/01/17 3/01 A80746 CHK: 087814 88575 FARMERSVILL ROT. SPONSOR 000932 02771': WEDC 750.00 ii,18i..1i 3/09/17 3/09 A81373 CHK: 087989 88832 GALAXY TEACHER AWARD 001735 O'i11320if WED[: 500.00 12,983..36 3/30/17 3/28 A82763 CHK: 088344 89297 CHAMBER LUNCHEON FEB17 000468 8174 wKnu 75.00 !4,0711.ir; ------ -----_- MARCH ACTIVITY DB: 2,325.00 CR: 0.00 2,325.00 4-10-2017 1:02 PM DETAIL LISTING PAGE: 3 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2017 THRU Mar-2017 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAN # REFERENCE PACKET DESCRIPTION VEND INV/JE # NOTE AMOUNT---- ====BALANCE==== 5611-56110 COMMUNICATIONS BEGINNING BALANCE 2,271.78 3/01/17 3/01 A80774 CHK: 087827 88577 TABLET SERVICE 001797 822495799-07 JAN17 113.97 2,385.75 3/06/17 3/06 AB1102 CHK: 087926 88703 INTERNET SERVICE 004568 2101577989 FE25-MR 199.23 2,584.98 3/20/17 3/20 A82245 DFT: 000321 89087 TELEPHONE SVC 000912 8277 MAR17 SATTERW 160.13 2,745.11 3/28/17 3/28 A82765 CHK: 088343 89297 TABLET SERVICE 001797 82249579907 FEB17 113.97 2,859.08 - = MARCH ACTIVITY DB: 587.30 CR: 0.00 587.30 5611-56180 RENTAL BEGINNING BALANCE 14,479.42 3/06/17 3/06 A81101 CHK: 087923 88703 COPIER RENTAL 003509 97552 194.00 14,673.42 3/29/17 3/29 A82903 CHK: 088381 89329 RENT - APRIL 17 003231 032417 WEDC 2,250.00 16,923.42 MARCH ACTIVITY DB: 2,444.00 CR: 0.00 2,444.00 5611-56210 TRAVEL & TRAINING BEGINNING BALANCE 6,906.35 3/16/17 3/16 A82109 CHK: 088190 89055 031517 PARKING HK STRATE 004514 031517 PARK HK 10.00 6,916.35 3/16/17 3/16 A82110 CHK: 088190 89055 031517 PARKING ICSC 004514 031517 PARK ICSC 12.00 6,928.35 3/16/17 3/16 A82111 CHK: 088190 89055 031517 PARKING TEDC LEG 004514 031517 PARK TEDC 72.00 7,000.35 3/16/17 3/16 A82112 CHK: 088190 89055 031517 PARK WYLIE LEG DA 004514 031517 PARK WLD 48.00 7,048.35 3/20/17 3/20 A82199 DFT: 000321 89083 TEDC REG-GREINER 000912 8277 MAR17 GREINER 400.00 7,448.35 3/20/17 3/20 A82199 DFT: 000321 89083 TEDC-HOTEL-GREINER 000912 8277 MAR17 GREINER 656.12 8,104.47 3/20/17 3/20 A82199 DFT: 000321 89083 TEDC AIR - GREINER 000912 8277 MAR17 GREINER 243.40 8,347.87 3/20/17 3/20 A82199 DFT: 000321 89083 WYLIE DYS-TAXI-GREIN 000912 B277 MAR17 GREINER 36.22 8,384.09 3/20/17 3/20 A82199 OFT: 000321 89083 WYLIE DYS-MEAL-GREIN 000912 8277 MAR17 GREINER 26.52 8,410.61 3/20/17 3/20 A82199 DFT: 000321 89083 WYLIE DYS-TAXI-GREIN 000912 8277 MAR17 GREINER 36.65 8,447.26 3/20/17 3/20 A82199 DFT: 000321 89083 WYLIE DYS-MEAL-GREIN 000912 8277 MAR17 GREINER 7.74 8,455.00 3/20/17 3/20 A82199 DFT: 000321 89083 WYLIE DYS--AIR-FEE 000912 8277 MAR17 GREINER 75.00 8,530.00 3/20/17 3/20 A82199 DFT: 000321 89083 BUS MTG-HAMBLETON 000912 8277 MAR17 GREINER 187.38 8,717.38 3/20/17 3/20 A82199 DFT: 000321 89083 WYL DYS-HOTEL-GREIN 000912 8277 MAR17 GREINER 240.35 8,957.73 3/20/17 3/20 A82199 DFT: 000321 89083 WYL DYS-HOTEL-BROKAW 000912 8277 MAR17 GREINER 240.35 9,198.08 3/20/17 3/20 A82199 DFT: 000321 89083 TEDC-MEAL-GREINER 000912 8277 MAR17 GREINER 46.40 9,244.48 3/20/17 3/20 A82199 DFT: 000321 89083 TEDC-TAXI-GREINER 000912 8277 MAR17 GREINER 35.54 9,280.02 3/20/17 3/20 A82199 DFT: 000321 89083 TEDC-MEAL-GREINER 000912 8277 MAR17 GREINER 11.53 9,291.55 3/20/17 3/20 A82199 DFT: 000321 89083 TEDC-TAXI-GREINER 000912 8277 MAR17 GREINER 32.08 9,323.63 3/20/17 3/20 A82245 DFT: 000321 89087 WYLIE DYS EVENT 000912 B277 MAR17 SATTERW 2,516.00 11,839.63 3/20/17 3/20 A02245 DFT: 000321 89087 WYLIE DAYS-SATTER 000912 8277 MAR17 SATTERW 473.77 12,313.40 3/20/17 3/20 A82245 DFT: 000321 89087 BUS MTG/PROS RECR. 000912 8277 MAR17 SATTERW 173.38 12,486.78 3/20/17 3/20 A82245 DFT: 000321 89087 BUS MTG-MCCLURE-3 000912 B277 MAR17 SATTERW 59.67 12,546.45 3/20/17 3/20 A82262 DFT: 000321 89088 COLLIN CTY DAYS SPON 000912 8277 MAR17 WYGAN 1,000.00 13,546.45 3/20/17 3/20 A82262 DFT: 000321 89088 WYLIE DAYS-SATTER 000912 8277 MAR17 WYGAN 300.24 13,846.69 ---- - -- --- MARCH ACTIVITY DB: 6,940.34 CR: 0.00 6,940.34 4-10-2017 1:02 PM DETAIL LISTING PAGE: 4 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2017 THRU Mar-2017 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAN # REFERENCE PACKET DESCRIPTION VEND INV/JE # NOTE AMOUNT==== ====BALANCE==== 5611-56220 PROFESSIONAL TRAINING BEGINNING BALANCE 0.00 5611-56250 DUES & SUBSCRIPTIONS BEGINNING BALANCE 5,779.44 3/20/17 3/20 A82245 DFT: 000321 89087 CLUB CORP DUES-FEB 000912 8277 MAR17 SATTERW 637.86 6,417.30 3/20/17 3/20 A82262 DFT: 000321 89088 ICSC-HOGUE-RENEW 000912 8277 MAR17 WYGAN 50.00 6,467.30 _ •- - MARCH ACTIVITY DB: 687.86 CR: 0.00 687.86 5611-56310 INSURANCE BEGINNING BALANCE 2,898.10 3/01/17 3/01 A80769 CHK: 087828 88577 BLANKET BOND RENEWAL 000387 325 WEDC 303.00 3,201.10 MARCH ACTIVITY DB: 303.00 CR: 0.00 303.00 5611-56510 AUDIT & LEGAL SERVICES BEGINNING BALANCE 14,219.50 3/01/17 3/01 A80738 CHK: 087812 88575 ATTY-CFA 000023 13 2.79 i-•7t]%lid :JEOC 420.00 14,639.50 3/01/17 3/01 A80739 CHK: 087812 88575 ATTY-PROP. DEVELOPMN 000023 11 1793-OCOtHM WE:-.:1: 80.00 14,719.50 3/01/17 3/01 A80740 CHK: 087812 88575 ATTY-DALLAS WHIRL 000023 8 2 9 3-0072M WEDC 220.00 14,939.50 3/01/17 3/01 A80741 CHK: 087812 88575 ATTY- CTZN COMPLAINT 000023 92 2791-0001M WED,' 120.00 15,059.50 3/28/17 3/28 A82701 CHK: 088321 89282 ATTY - MCMILLAN 000023 1 2,93-007`:9t WEDC 160.00 15,219.50 3/28/17 3/28 A82702 CHK: 088321 89282 ATTY- CFA 000023 !4 2:13-04'1]E :•]Kix 1,320.00 16,539.50 3/28/17 3/28 A82703 CHK: 088321 89282 ATTY-CITIZN COMPLAIN 000023 9, 2791-000[M 11E3c 3,040.00 19,579.50 MARCH ACTIVITY DB: 5,360.00 CR: 0.00 5,360.00 5611-56570 ENGINEERING/ARCHITECTURAL BEGINNING BALANCE 13,217.60 3/01/17 3/01 A80742 CHK: 087815 88575 ENG SVC-HWY 78 DECEL 000196 1616E WEDC 2,082.93 15,300.53 3/01/17 3/01 A80743 CHK: 087815 88575 ENG SVC-FBC PKG LOT 000196 1711A WEDC 7,562.77 22,863.30 MARCH ACTIVITY DB: 9,645.70 CR: 0.00 9,645.70 5611-56610 UTILITIES-ELECTRIC BEGINNING BALANCE 555.48 3/01/17 3/01 A80748 CHK: 087816 88575 UTILITIES-ELECTRIC 003302 1171655189 DC5-JA5 86.11 641.59 4-10-2017 1:02 PM DETAIL LISTING PAGE: 5 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2017 THRU Mar-2017 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAN # REFERENCE PACKET DESCRIPTION VEND INV/JE # NOTE AMOUNT---- ====BALANCE==== 3/01/17 3/01 A80749 CHK: 087816 88575 UTILITIES-WATER 003302 122-1040-01 JAN17 17.03 658.62 3/01/17 3/01 A80750 CHK: 087816 88575 UTILITIES-GAS 003302 3029287066 JAN17 42.60 701.22 ---- - MARCH ACTIVITY DB: 145.74 CR: 0.00 145.74 5611-57110 DEBT SERVICE BEGINNING BALANCE 0.00 5611-57410 PRINCIPAL PAYMENT BEGINNING BALANCE 267,459.36 3/02/17 3/02 B55628 Bnk Dft 030217 1.5 13 7.,_2=953 K&M PMT #18 JE# 025953 7,888.05 275,347.41 3/10/17 3/13 B55766 Bnk Dft 031017 :5749 JR26nil PEDDICORD/WHITE PMT#27 JE# 026011 5,315.78 280,663.19 3/15/17 3/16 B55791 Bnk Dft 031517 .,,46 .7E2b121 WO PKWY PMT #31 JE# 026021 11,985.11 292,648.30 3/22/17 3/28 B55970 Bnk Dft 032217 :5619 •.1U6-.07 BUCHANAN PMT #31 JE# 026109 6,673.46 299,321.76 3/22/17 3/28 B55971 Bnk Dft 032217 _',619 ::E26113 JARRARD PROPERTY #3 JE# 026110 1,999.06 301,320.82 3/23/17 3/28 B55973 Bnk Dft 032317 57.i .'F76::7 EDGE PMT #9 JE# 026112 12,102.88 313,423.70 3/28/17 3/28 B55977 Bnk Dft 032817 =5612 JE2611+i HUGHES/RANDACK #52 JE# 026116 9,826.68 323,250.38 3/31/17 4/05 B56094 Bnk Dft 033117 15659 ,:E:29.:8-1 K&M PMT #19 JE# 026184 7,914.34 331,164.72 --- HAR.:4 ACTIVITY DB: 63,705.36 CR: 0.00 63,705.36 5611-57415 INTEREST EXPENSE BEGINNING BALANCE 78,675.34 3/02/17 3/02 B55628 Bnk Dft 030217 15518 JE25953 K&M PMT #18 JE# 025953 857.20 79,532.54 3/10/17 3/13 B55766 Bnk Dft 031017 15549 JE26011 PEDDICORD/WHITE PMT#27 JE# 026011 2,066.67 81,599.21 3/15/17 3/16 B55791 Bnk Dft 031517 15556 JE26021 WB PKWY PMT #31 JE# 026021 1,282.82 82,882.03 3/22/17 3/28 B55970 Bnk Dft 032217 15619 JE26109 BUCHANAN PMT #31 JE# 026109 658.49 83,540.52 3/22/17 3/28 B55971 Bnk Dft 032217 15619 JE26110 JARRARD PROPERTY #3 JE# 026110 1,110.09 84,650.61 3/22/17 3/28 B55972 Bnk Dft 032217 15619 JE26111 DALLAS WHIRLPOOL PMT#4 JE# 026111 6,222.22 90,872.83 3/23/17 3/28 B55973 Bnk Dft 032317 15620 JE26112 EDGE PMT #9 JE# 026112 4,956.93 95,829.76 3/28/17 3/28 B55977 Bnk Dft 032817 15622 JE26116 HUGHES/RANDACK #52 JE# 026116 280.32 96,110.08 3/31/17 4/05 B56094 Bnk Dft 033117 15659 JE26184 K&M PMT #19 JE# 026184 830.91 96,940.99 -- ------- MARCH ACTIVITY DB: 18,265.65 CR: 0.00 18,265.65 5611-57710 BAD DEBT EXPENSE BEGINNING BALANCE 0.00 5611-58110 LAND-PURCHASE PRICE BEGINNING B A LAN C E 2,482,573.30 4-13- I-/ ::02 PM DETAT 7. iST : N :1 PA,2,E1 6 FUND : 111-WYLIE ECONOMIC OEVE.:I.. CORP tEP..70D TO 1JSZ: Mar-2.7)P TNRO May-2017 OEPT : i ]. DEVEL.WMENT CORP-UZDC ACOMNTS: 5611--i211.0 ViRU 5F-,L1-:03.D11 POS.T DATE TRAN g FE-FERE-W.F. PACXF.7------DESiMitFTION--- -- VEND TNV/...77. g NOTE - AM17NT- -- TiALANC7.-- '.:.eL1-58120 DEVELOPMENT FEE5 7CrNNING PALANLL 0.00 LAND-nETTERMENTS R 1 N N I N :TiA :. ANC E 1,i10 15.TREETS A. :)..L.;4YS N EGrNNTN 3 SA : AN ,.11 E 3 ,400.00 ,.. !-54til SANITARY SEWER BE6 : NN / N '.; aALAN .: E 0. 0 'ibi-58610 ,f!JMPNTER HARD/SOFTHARE BEGINNIN tP, ncs, 0.01) FURNITURE & F.7XTURE'S 3 .E r; INNINN BALANcE 0.09 '1F•li-5.8910 M;TLDINr:;3 aEr; : vNImu BALANCE n.00 .300 ERRORti :N MIS REPORT! " REPORT TOTALS " --- DEBITS --- --- 11RE1)713 ti (IINNINI; BALANCE : 0,446,'.46.90 0.'1(1 REPORTED ACTIVITY! 235,970.84 0,110 ENDING BALANCES: 3,68:?, ].+.1,1 0.0C TOTAL n;ND ENDINC.l nALANCE: 3,682,L,1 e,!4 Wylie Economic Development Corporation Balance Sheet Sub Ledger March 31, 2017 Notes Payable Date of Rate of Principal Purchase Payment Beginning Bal. Principal Interest Interest Balance March 1, 2017 5,669,147.72 ANBTX-88130968 HUGHES/RANDACK(#52 of 60) 10/23/12 10,107.00 90,241.74 9,826.68 280.32 3.99 80,415.06 ANBTX-88130976 WOODBRIDGE PKWY (#31 of 60) 8/15/14 13,267.93 632,377.89 11,985.11 1,282.82 2.61 620,392.78 ANBTX-88148481 BUCHANAN(#31 of 60) 8/13/14 7,331.95 209,597.43 6,673.46 658.49 3.77 202,923.97 ANBTX-88149711 PEDDICORD/WHITE(#27 OF 120 12/12/14 7,382.45 590,477.11 5,315.78 2,066.67 4.20 585,161.33 ANBTX-88158043 K&M/HOBART(#18 of 48) 9/2/15 8,745.25 257,159.64 7,888.05 857.20 4.00 249,271.59 ANBTX-88157334 LINDUFF/EDGE(#9 of 15) 10/21/15 17,059.81 1,593,269.65 12,102.88 4,956.93 4.00 1,581,166.77 ANBTX-88158357 DALLAS WHIRLPOOL(#4 of 60) 11/22/16 6,888.89 2,000,000.00 0.00 6,222.22 4.00 2,000,000.00 JARRARD GRAYS AUTO(#3 OF 120) 12/1/16 3,109.15 296,024.26 1,999.06 1,110.09 4.50 294,025.20 March 31, 2017 $55,791.02 $17,434.74 5,613,356.70 Wylie Economic Development Corporation Inventory Subledger March 31, 2017 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 12/22/16 201 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. WEDC EXECUTIVE DIRECTOR J P MorganChase Expense Report February 2017 DATE PAYEE AMOUNT BUSINESS PURPOSE INDIVIDUAL/GROUPS PRESENT 03/02/17 Cytracom 160.13 Telephone Service N/A 02/08/17 Café Blue 2,516.00 Wylie Days-Legislative Reception Legislators 02/09/17 DoubleTree 473.77 Wylie Days-Hotel Satterwhite 02/09/17 Club Corp 637.86 Dues Dues 1/25-31/17 Club Corp 173.38 Business Mtg/Prospect Recruitment Satterwhite,Walters, Jenneman 02/24/17 Ballard Street 59.67 Business Meeting Satterwhite, McClure(3) TOTAL 4,020.81 WEDC Assistant Director JPMorgan Chase Expense Report February 2017 DATE VENDOR PURPOSE AMOUNT 2/7/17 TEDC Registration Fee-Greiner 400.00 2/7/17 •Tickets at Work TEDC -Sheraton Hotel -Greiner 656.12 2/7/17 American Airlines TEDC - Flight-Greiner 243.40 2/8/17 Austin Cab _Wylie Days-Cab-Greiner 36.22 2/8/17 Italian Kitchen Wylie Days- Meal -Greiner 26.52 2/8/17 American Airlines Wylie Days-Air-Greiner 75.00 2/9/17 Yellow Cab Wylie Days-Cab-Greiner 36.65 2/9/17 Schlotzskys- Bergstrom Airport Wylie Days- Meal-Greiner 7.74 2/9/17 American Airlines Center BRE - DCU 187.38 2/10/17 Doubletree Austin Wylie Days- Hotel -Greiner 240.35 2/10/17 Doubletree Austin Wylie Days- Hotel - Brokaw 240.35 2/22/17 RA TEDC- Meal -Greiner 46.40 2/22/17 Lone Star TEDC-Cab-Greiner 35.54 ,2/24/17 Schlotzskys- Bergstrom Airport TEDC - Meal -Greiner 11.53 2/24/17 Lone Star TEDC -Cab-Greiner 32.08 Total 2,275.28 WEDC Senior Assistant JPMorgan Chase Expense Report February 2017 DATE VENDOR PURPOSE AMOUNT 2/9/17 Kroger WEDC Board Meeting Meal 27.45 2/9/17 DoubleTree Wylie Days- Hotel -Satterwhite 300.24 2/10/17 McDonalds WEDC Board Meeting Meal 9.95 2/17/17 Kroger _Kitchen Supplies _ 42.80 2/17/17 Kroger Kitchen Supplies 7.98 2/17/17 Sams Club Kitchen Supplies 15.67 2/23/17 Kroger WEDC Board Meeting Meal 13.18 2/23/17 ICSC Membership Renewal - Hogue 50.00 2/24/17 McDonalds WEDC Board Meeting Meal 10.53 2/28/17 Plano Chamber Collin County Sponsor 1,000.00 Total 1,477.80 WEDC Leasehold Subledger Amount Tenant Address Due Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 !Helical Concepts 1st 710-711 Cooper $400 11/29/16 12/22/16 1/25/17 2/27/17 3/22/17 Wheels Unlimited 15th 605 Comm-Ste 201 $1,400 12/22/16 1/19/17 2/14/17 3/13/17 Trimark Catastrophe 15th 605 Comm-Ste 204 $1,000 12/7/16 2/1/17 2/23/17 3/1/17 4/10/17 Dennis Richmond 1st Steel Rd $500 12/14/16 1/10/17 2/20/17 3/6/17 half 1&Half Austin/Said LLC 1st 605 Commerce $2,000 12/27/16 2/13/17 3/17/17 4/13/17 Austin/Said LLC 1st 106 N. Birmingham $1,000 12/27/16 2/13/17 3/17/17 4/13/17 DCU 1st 900 Kirby 53,400 1/10/17 1/6/17 1/27/17 2/23/17 3/24/17 Auto Hail 1st 908 Kirby $3,000 12/9/16 n/c n/c n/c n/c Delta-E 1st 201 Industrial Ct $800 1/6/17 1/25/17 2/23/17 3/23/17 WYLIE ECONOMIC DEVELOPMENT CORPORATION SALES TAX REVENUE FOR THE MONTH OF APRIL 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 241,858 260,166 276,698 16,532 6.35% MARCH 171,741 167,082 191,648 24,566 14.70% APRIL 134,475 154,920 168,844 13,924 8.99% MAY 211,645 238,646 J U N E 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 $1,031,345 $119,295 13.08% AUDIT ADJ TOTAL $2,191,785 $2,481,757 $1,031,345 $119,295 13.08% WEDC SALES TAX ANALYSIS $300,000 - -- •- - - - - $250,000 •• - ---- $200,000 • - .- ---.• -• -••• $150,000 - - - 02016 02017 $100,000 . -. -. -. - . -. $50,000 ..- - - - -• •--• $0 f r- 1 1 f I lir II 0 0 O Z a) Wylie Economic Development Corporation MEMORANDUM TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Direct° SUBJECT: WEDC Board Meeting Date/Time DATE: April 7, 2017 Issue Consider and act upon amending the Regular Meeting date and time for the WEDC Board of Directors. Analysis Section 4.07 of the WEDC By-laws states that the President of the Board shall set a regular meeting date and time. In June of 2016,the WEDC Board set the third Friday of each month at 6:30 a.m. as the regular date and time for FY 2016 - 2017. At the last WEDC Board Meeting, staff requested that the Board consider a mid-week date for the regularly scheduled meetings. To facilitate the timelier delivery of Board packets which provides the Board more time to review the information, Staff believed a Tuesday or Wednesday meeting would require a Friday posting and packet delivery. The Board indicated during discussion that a Wednesday morning meeting would be acceptable. Recommendation Staff recommends that the WEDC Board of Directors change the Regular Meeting time/date to the third Wednesday of each month at 6:30 a.m. Wylie Economic Development Corporation MEMORANDUM To: Samuel Satterwhite, Executive Director From: Angel Wygant, Senior Assistant h -- Subject: Budget Amendment Request Date: April 12, 2017 Issue Consider and act upon a FY 2016—2017 Mid-Year Budget Amendment. Analysis To accommodate unanticipated Revenues and Expenses, the following amendments to the FY 16 - 17 Budget are needed and will be presented to the Wylie City Council on April 25, 2017. Line items with significant increases are as follows: Revenue. Sales tax for FY 16 — 17 was budgeted at $2,467,295 with actuals projected at $2,696,642 creating a net increase of$229,347. There were also three tenants unaccounted for during the budget cycle generating $41,700 in rental income. The Board will also note an adjustment made to the Unreserved Beginning Fund Balance as of 10-1-16 which increases total available WEDC resources by $796,457. This increase is a result of insurance proceeds received after the budget was developed, sales tax receipts over and above budget projections, and delayed expenditures within FY 15— 16. Expense. Personnel changes are a result of salary increases post budget approval. Increases within Special Services includes remodeling Commerce, CFA Voluntary Clean Up Program (VCP), Wallace/Commerce MSD/VCP, and Jarrard Phase I Environmental, and demolition costs for Wallace ($125,000) McMillan ($12,000) and Jarrard ($15,000). Increases within Land Purchase are a result of WEDC acquisition of the Jarrard Property (201 Industrial Ct.), Wallace/Dallas Whirlpool Property (900-908 Kirby St.), and the McMillan Property (105 N. Jackson). Finally, Streets & Alleys will be over budget by $295,400 due to increased expenses associated with site improvements for the Highway 78 pad sites, in addition to parking/alley improvements on Ballard Street. WEDC—Budget Amendment April 12, 2017 Page 2 of 2 Revenues: Sales Tax Revenue FY 16 - 17 $229,347 Allocated Interest Earnings 1,430 Rental Income (Delta-E, DCU, Auto-Hail) 41,700 Total Increased Revenues 272,477 Unreserved Beginning Fund Balance (10-1-16): 796,457 Total Increase in Available Resources $1,068,934 Expenses: Personnel Services $9,154 Special Services 254,251 Travel& Training 2,848 Dues & Subscriptions 2,313 Audit&Legal 10,010 Engineering&Architectural 22,863 Land Purchases 202,573 Streets & Alleys 295,400 Total Expenses $799,413 With Expenses increasing at a greater amount than Revenue, the shortfall is offset by the adjusted Unreserved Beginning Fund Balance. Recommendation Staff recommends that the WEDC Board of Directors approve a Mid-Year Budget Amendment increasing Revenues by$272,477 and Expenses by$799,413. REQUEST FORM - MID YEAR BUDGET AMENDMENT FISCAL YEAR 2017 New Request: XX New personnel? Salary Grade: Funds already expensed or received? Change Level of current personnel? From: To: PURPOSE/OBJECTIVE OF REQUEST: Increase Revenues to reflect actual anticipated revenues. Sales Tax anticipated 6%increase,additional allocated interest and 3 additional rental properties due to the purchase of tenant occupied property. ACCOUNT NO. DESCRIPTION AMOUNT 111 4000 40210 Sales Tax Revenue 229,347 111 4000 46110 Allocated Interest 1,430 111 4000 48110 Rental Income 41,700 TOTAL 272,477 ADDITIONAL COMMENTS: REQUEST FORM - MID YEAR BUDGET AMENDMENT FISCAL YEAR 2017 New Request: XX New personnel? Salary Grade: Funds already expensed or received? Change Level of current personnel? From: To: PURPOSE/OBJECTIVE OF REQUEST: Increase Expenses to reflect actual and anticipated expenses. Specifically increases in personnel service costs; unanticipated environmental clean-up and demoliltion costs in Special Services; increased air and travel costs associated with ICSC; subscription for Impact DataSource tool; increased Audit and Legal costs associated with unanticipated property purchases and citizen complaint; and site improvements for WEDC properties located at Hwy 78 and 111 N. Ballard. ACCOUNT NO. DESCRIPTION AMOUNT 111 5611 51110 Annual Salary 10,837 111 5611 51210 Car Allowance -167 111 5611 51310 TMRS _ 620 111 5611 51410 Insurance 1,430 111 5611 51420 LTD -511 111 5611 51440 FICA -2,866 111 5611 51450 Medicare -68 111 5611 51470 Workers Compensation -121 111 5611 56040 Special Services 254,251 111 5611 56210 Travel &Training 2,848 111 5611 49325 Dues & Subscriptions 2,313 111 5611 56510 Audit and Legal 10,010 111 5611 56570 Engineering &Architectural 22,863 111 5611 58110 Land Purchase Price 202,573 111 5611 58210 Streets &Alleys 295,400 TOTAL 799,413 Wylie Economic Development Corporation MEMORANDUM TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: First Amendment to the McClure Partners Development Company, LLC Performance Agreement DATE: April 11, 2017 Issue Consider and act upon an amendment to a Performance Agreement between McClure Partners Development Company, LLC (McClure) and the WEDC. Analysis Under the terms of Section 2 (b) of the Performance Agreement, in order to qualify for incentive No. 2, McClure must "complete construction not less than one six-thousand square foot commercial structure on the Williford Tracts as evidenced by a Certificate of Occupancy not later than September 30, 2017." While construction has been moving forward rapidly in the construction of the restaurant pad sites located on the F.M. 544 frontage, unforeseen construction delays have occurred on the building located on the Williford Tracts. McClure has requested an extension of the time period by which they must receive a Certificate of Occupancy for this building to November 30, 2017. Staff is confident that McClure has diligently been pursuing completion of the project has no reason to not consider the request. McClure is significantly motivated to complete the project as the owner, Inverness Pharmacy, will be out of compliance with their existing lease. Staff would however request that the Board consider a December 31' completion date to allow for even more time in the event weather continues to be an issue. So long as all improvements are complete by January 1st, there will be 100% value on the tax rolls. Recommendation Staff recommends that the WEDC Board of Directors approve a First Amendment to Performance Agreement extending the date by which McClure Partners Development, LLC must obtain a Certificate of Occupancy to December 31, 2017. Attachments Performance Agreement First Amendment to the 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 19`" day of April, 2017 by and between WYLIE ECONOMIC DEVELOPMENT CORPORATION.a Texas economic development corporation("WEDC"),and McClure Partners Development Company. LLC.,a Texas limited liability company("Company"). WITNESSETH: WHEREAS_ WEDC Board of Directors approved that certain Performance Agreement between WEDC and Company on August 31, 2016 to facilitate the development of a 6,000 square foot commercial building (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 receipt of the Certificate of Occupancy issued by the City of Wylie, 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 certify the Certificate of Occupancy issued for the project located in Wylie, Texas as defined in Section 2(b) is hereby extended until December 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 Nanlc, _....W... Title: COMPANY: \1cCIure Partners Development Company. LLC.. a Texas Limited Liability Company Name- Title: PERFORMANCE AGREEMENT Between WYLIE ECONOMIC DEVELOPMENT CORPORATION And MCCLURE PARTNERS DEVELOPMENT COMPANY,LLC 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 McClure Partners Development Company, LLC a Texas Limited Liability Corporation(the "Company"). RECITALS WHEREAS, the WEDC and Company's affiliate FLM Development, LLC entered into a Performance Agreement on April 6, 2016 under which Company's affiliate is eligible to receive certain incentives should specific utility, median, and other improvements be completed for the benefit of redeveloping a±3.8-acre tract located at the intersection of Regency Drive and F.M. 544 in Wylie, Texas; and WHEREAS, the Company is desirous of acquiring a 1.0 acre tract and a 0.9 acre tract from Ronald & Patricia Williford, more specifically identified as Abstract A0835 W M Sachse Survey, Tract 26 and Jacobs Addition, Block B, Lot 2 (the "Williford Tracts") and combining the same with the aforementioned 3.8-acre tract to redevelop and repurpose a property with existing light industrial uses, marketing the same for new commercial uses, constructing improvements supporting new commercial uses, and further making access and utility improvements to the property required for a well-ordered,master-planned site(the"Project"); and WHEREAS, the Company has requested that the WEDC provide economic assistance to offset the cost of demolition and infrastructure improvements to the Project in the City of Wylie, Texas; and WHEREAS, the construction of the Project in the City of Wylie, Texas will ultimately create further investment and"primary jobs", as that term is defined in the Act; 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: Page 1 of 5 C:\Users\Sam Satterwhite\Documents\Word Files\McClure Partners\Performacne Agreement II.doc 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 Seventy-Five Thousand Dollars ($75,000) (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 ultimately terminating on September 30, 2017. Upon meeting the qualifications and requirements (the "Performance Requirements"), the Company shall be entitled to the following Economic Development Incentives: Economic Development Incentive Payment Schedule: Expected Cost of Max. WEDC Total WEDC Eligibility Year Incentive Improvements Incentive Incentive Expiration 2016 No. 1 n/a $25,000 $25,000 12-31-2016 2017 No. 2 $1,350,000 $50,000 $75,000 9-30-2017 II. Performance Requirements for Economic Development Incentive. a. Incentive No. 1: An Economic Development Incentive of Twenty-Five Thousand Dollars ($25,000) will be paid to Company upon completion of the following Performance Requirements for Incentive No. 1: 1) Receipt of documentation by WEDC supporting the purchase of the Williford Tracts,not later than October 1, 2016; and 2) Complete demolition and removal of all improvements, foundations, and paving associated with approximately 6,000 square feet of structures and 3,000 square feet of paving currently located on the Williford Tracts,not later than December 31,2016; and 3) Remove all debris, vehicles, and remaining inventory from current or previously existing businesses located on the Williford Tracts, not later than December 31, 2016; and 4) Eligibility expiration for the Company to qualify for this Incentive No. 1 is December 31, 2016. b. Incentive No. 2: An Economic Incentive of Fifty Thousand Dollars ($50,000) will be paid to Company upon completion of the following Performance Requirements for Incentive No.2: 1) Complete construction of not less than one, six thousand (6,000) square foot commercial structure on the Williford Tracts as evidence by a Certificate of Occupancy issued by the City of Wylie not later than September 30, 2017; and Page 2 of 5 C:\Users\Sam SatterwhitelDocuments\Word Files\McClure Partners\Performacne Agreement Il.doc 2) Provide the WEDC with documentation supporting construction cost of not less than One Million Three Hundred Fifty Thousand Dollars ($1,350,000) for improvements described in Section II b (1). Fees for professional services such as architectural, engineering, and surveying will not be applied toward the minimum cost requirement; and 3) Eligibility expiration for the Company to qualify for this Incentive No. 2 is September 30, 2017. III. WEDC Payment of Reimbursement Incentives. Subject to the terms of this Agreement, the WEDC shall pay the Reimbursement Incentives within 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 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. 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 September 30, 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. Page 3 of 5 C\Users\Sam Salterwhite\llocuments\Word Files\McClure Partners\Performacne Agreement II doe 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. X. Non-Payment of Economic Assistance. The following will constitute an Event of Default and any incentive payments shall not be funded 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, files suit against the City and/or the WEDC. XL 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. 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 S. Highway 78 Wylie,Texas 75098 COMPANY: McClure Partners Development Company, LLC P.O. Box 802047 Dallas, TX 75380 Attention: Charles McClure 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. Page 4 of 5 C:\Users\Sam Satterwhite\Documents\Word Piles\MeClure Partners\PerTAmiacne Agreement II.doc a EXECUTED this } day of August,2016. WEDC: Wylie Economic Development Corporation By: C Q- _c\L_ Samuel D.R. Satterwhite, Executive Director COMPANY: McClure Partners Development Company, LLC By: a e . Charles McClure,Member Page 5 of 5 C:ttlsersSSam SatceenvfiitetnocumentssWo,d PilsslMcCtum Partners\erformacne Anent ILdoc Wylie Economic Development Corporation MEMORANDUM TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: Staff Report DATE: April 13, 2017 Issue Staff report: review issues surrounding WEDC Performance Agreement Summary, Woodbridge Crossing, Environmental Activity Report, Highway 78 WEDC Pad Sites, 100 Oak Street, F.M. 544 pad sites, Metalbilia, 900-C Kirby, 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, All State Fire Equipment, B&B Theatres Operating Company, Clark Street Development, Dank Real Estate, Exco Extrusion Dies, Freudiger Holdings, Getset, KREA Acquisition, McClure Partners, Patna Properties, REVA Hospitality, Ronald P. and Carole A. Trout, T.W. Snider, VIAA Properties, Von Runnen Holdings, Wedge Corporation, Woodbridge Crossing. Woodbridge Crossing Attached for the Board's review is the Sales Tax Reimbursement Report which identifies all sales taxes received through March 2017 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. $4,171,376.95 in reimbursement has been earned through March 2017 with net receipts of $3,406,565 after reimbursements. As well, it is estimated that $4.1 mm has been paid in ad valorem taxes to the City of Wylie (excluding the WISD). As shown on the Sales Tax Reimbursement Report, $100,990.41 was generated in sales tax in January 2017 versus $198,375.98 in January WEDC- Staff Report April 13, 2017 Page 2 of 3 2016. This represents 1% increase over 2016 receipts. Current sales tax receipts are generated from approximately $5.1 mm in taxable sales within Woodbridge Crossing. 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. Highway 78 Pad Sites A second draw request was submitted by Texas Dirt Contractors in the amount of$201,335. There is a remaining balance on the contract of$248,760. The original completion date is April 17ill, but with the rains this week and next, a May 1st date is more realistic. W&M continues to work with Giles Consulting (CFA environmental consultant) to complete all documentation required for the VCP application to the TCEQ. Final submittal and acceptance of the VCP application is expected by 4-17-17. The City of Wylie Building Department has provided CFA with all comments pertaining to their construction plans with the only outstanding issues being completion of the Seller's Work, filing of the plat, updating the survey with the platting documentation, and an updated title commitment. Upon completion of those outstanding issues, CFA has 30 days to close. 100 Oak Street The WEDC is working with various contractors to formulate a plan for renovation of the Peddicord building for a potential Business Incubator. Initial ideas were to finish out the building with a mixture of office space and work stations that would allow collaboration among the tenants/entrepreneurs. The WEDC also received feedback regarding the development of professional office suites. This plan would include up to eight offices and shared meeting space. Staff will collect additional information and prepare cost estimates for future discussion with the Board of Directors. F.M 544 pad sites The WEDC is developing a grading plan for the City-owned 4.7 acres adjacent to the KCS tracks. While we do not have a finished floor elevation, we can assume that the elevation needs to equal to that of 544. Staff is evaluating several sources for dirt which are available now and the associated cost. While the WEDC could leave this task to future users, it may be best to have a site that is ready to develop opposed to a prospect having to evaluate additional development costs over and above the sales price. FEMA has responded to our flood study with a request for additional information pertaining to the water flow under 544 and several culverts under the rails lines north of 544. A surveyor is on site WEDC- Staff Report April 13, 2017 Page 3 of 3 gathering additional data to be submitted to FEMA. A Letter of Map Revision will probably not be issued by FEMA until October 2017. Metalbilia As directed by the Board in Executive Session, staff is developing a Performance Agreement to assist Metalbilia, a small startup, in opening a new operation in Wylie. The Performance Agreement will be presented to the Board for approval on May 17, 2017. Metalbilia manufacturers sports memorabilia for resale in the wholesale and retail market. Metalbilia will be leasing office space at 108 S. Jackson and will hire one, full-time employee. The WEDC assistance package will total $4,800 and will provide rent assistance in the last three months of a 12-month lease. 900-C Kirby The WEDC currently leases a building located at 900-C Kirby to Auto Hail & Dent. The existing lease expires on 4-30-17. Staff has accepted a request from Auto Hail to extend the lease to July 31st (May = $2,500, June = $2,000, July $2,000). The lease extension will not negatively impact any demolition schedules. Promotional Activities To facilitate networking with community stake holders and prospects, the WEDC has a 1/4 interest in Maverick's Season tickets for the 2016-17 Season. With the end of the Maverick's season, this informational item will be removed from Staff Reports until next year. Regional Housing Starts Thirty-three were permitted in Wylie for the month of March 2017. Sachse, Lavon, Murphy permitted a combined twenty-seven with Inspiration permitting twenty-six over the same period. No action is requested by staff for this item. Attachments Performance Agreement Summary W&M Activity Report Promotional Events Log Regional Housing Permits 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 71,458.61 35,729.30 35,729.30 142,917.21 0.65 23,224.05 46,448.09 69,672.14 Dec-16 Feb-17 92,409.12 46,204.56 46,204.56 184,818.23 0.65 30,032.96 60,065.92 90,098.89 432,171.32 70,227.84 140,455.68 210,683.52 Jan-17 Mar-17 50,495.21 25,247.60 25,247.60 100,990.41 0.65 16,410.94 32,821.88 49,232.82 Feb-17 Apr-17 0.00 0.00 0.00 0.00 0.65 0.00 0.00 0.00 Mar-17 May-17 0.00 0.00 0.00 0.00 0.65 0.00 0.00 0.00 100,990.41 16,410.94 32,821.88 49,232.82 Totals 7,577,941.90 1,390,458.98 2,780,917.96 4,171,376.95 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 Nov-16 Jan-17 5,534.56 2,767.28 2,767.28 $11,069.11 2,767.28 Dec-16 Feb-17 39,832.46 19,916.23 19,916.23 $79,664.92 $19,916.23 Jan-17 Mar-17 5,210.39 2,605.20 2,605.20 $10,420.78 $2,605.20 Sub-Total $101,154.81 $25,288.70 Total $999,312.18 $249,828.05 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 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 2/1/2017 $20,000 C. Valuation of$900,000 2/1/2018 $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 12/31/20181 $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 1 Phase I -Acquire property for 110,000 sf Kroger by 7/31/2016; CO by 3/31/2014 3/31/2014 $100,000 Paid Phase II -CO for 120,600 sf retail space Sales tax (completed) 3/31/2014 reimburse quarterly Phase III -CO for 127,600 sf retail space Sales tax (completed) 3/31/2017 reimburse quarterly Phase IV-CO for 134,600 sf retail space Sales tax Cumulative incentive not (completed) 3/31/2019 reimburse to exceed $1.1 mm 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 Outstanding Performance Agreement Summary 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 2/24/2016 $87,000 Paid B. On an annual basis maintain appraised value of 1$7.55 mm, maintain Texas as principal place of business, employ 20 full time employees 2/24/2017 $20,000 Paid 2/24/2018 $20,000 2/24/2019 $20,000 2/24/2020 $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 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 Outstanding Performance Agreement Summary 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 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 Iall debris, vehicles, inventory by 12/31/16. 12/31/20161 $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 REVA Hospitality A. CO for a 4-story, 60,000 sf, 98 room hotel; documentation of a $9.2 mm in construction costs. 12/31/2017 $100,000 B. Quarterly incentive payment equal to Occupancy Tax paid to City of Wylie (start date 6 months from CO and ending 6 years from 1st Not to exceed $450,000 payment) 6/30/30/24 total incentive 111.11111111111111111111111 Ronald P. and Carole A.Trout A. CO for 4,944 sf building; documentation $340,000 in construction costs; current on ad valorem taxes; 12/31/2017 $15,000 T.W. Snider A. CO for 4,800 sf building; current on all ad valorem taxes. 2/1/2017 $8,000 Paid Outstanding Performance Agreement Summary B. Construction plans for 6,000 sf Bldg 3 evidenced by a building permit by March 1, 2017; CO for Bldg 3 by October 1, 2017; current on all ad valorem taxes. 10/1/2017 $42,000 VIAA Properties, LLC IA. CO for 6,094 sf building; documentation $1,200,000 in construction costs 2/28/2016 $30,000 Paid B. Appraised Value of$1,000,000 2/28/2017, $20,000 Von Runnen Holdings A. CO for 12,047 sf building; documentation of $1,250,000 in construction costs. 1/1/2016 $20,000 Paid B. Appraised Value of$1,000,000 1/31/2017 $10,000 Paid C. Appraised Value of$1,000,000 1/31/2018 $10,000 Wedge Corporation A. Documentation of executed Ground Lease, 1 Building Permit; 1/31/2014 $137,5001 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 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 W M Environmental Program Tracking Invoiced Date Descr. of Work Proj.Total 605 Commerce Project Total: 98,127.56 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 4,878.30 2/28/15 Drilling 124.12 2/28/15 Misc.Supplies 151.25 2/28/15 •W&M Equipment 250.00 2/28/15 Vehicle Usage P-2 12.39 8/18/15 Postage 47.50 8/31/15 Labor: Mark Smith Total 11,569.96 VCP(Vol. Cleanup Prog) 10,324.00 6/23/15 Labor: Frank Clark; Laura Foss; Hichael Henn,James Maxwell; Paul Rodusky; Mark Smith; Clay Snider; William Soderstrom; Ross Tucker; Michael Whitehead Contracted Amt: $38,000 3,325.80 6/23/15 Laboratory 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: $16,000 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 173.50 12/31/16 Labor: Antonia Pacholczuk, Clay Snider 172.50 1/31/17 Labor: Michael Henn, Clay Snider, Michael Whitehead 317.00 2/28/17 Labor: Frank Clark, Michael Henn,Jeremiah Roy Total 13,256.54 MSD(Municipal Setting Designation) 393.75 7/14/15 Labor: Michael Henn 384.00 8/18/15 Labor- Frank Clark, Michael Henn Contracted Amt: $25,000 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 903.75 11/30/16 Labor: Michael Henn,Joshua Hopper,Jeremiah Roy, Clay Snider Labor: Frank Clark, Michael Henn,James Maxell,Antonia 2,332.75 12/31/16 Pacholczuk, Clay Snider, Michael Whitehead 24.62 12/31/16 Postage/Shipping/Delivery 131.00 1/31/17 Labor: Frank Clark, Clay Snider 2,827.50 2/28/17 Labor: Frank Clark,James Maxwell,Antonia Pacholczuk Total 23,804.29 Indoor Air Sampling Contract: $3,300 470.00 4/30/16 Labor: Mark Smith, Clay Snider Completed W M Environmental Program Tracking 90.00 5/31/16 Labor: Clay Snider 1,603.75 6/30/16 Labor: Michael Henn,Clay Snider 1,472.00 6/30/16 Other Sub-Contactors: Laboratory Total: 3,635.75 Response Action Plan (RAP) 502.50 7/31/16 Labor: Joshua Hopper, Clay Snider 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 45.00 1/31/17 Labor: Michael Henn 172.50 2/28/17 Labor: Michael Whitehead Total: 4,902.52 Soil Excavation Contract: $20,000 93.00 1/31/17 Labor: Clay Snider Labor: Michael Henn,Joshua Hopper,Trey Nelson, Clay Snider, 2,643.00 2/28/17 Michael Whitehead 1,972.00 2/28/17 Subcontractors: Laboratory($1,167.25), Other($805) 18.02 2/28/17 Reimbursable Expenses: Misc.Supplies Total 93.00 A 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: 2,702.40 900-908 Kirby Project Total: 19,796.09 Phase I-Contract$2,800 2,800.00 10/31/16 Completed 2,800.00 Limited Phase II - Labor: Shan Ahmad, Michael Henn,Joshua Hopper,Clay Snider, Contract$17,000 4,052.50 9/30/16 •Michael Whitehead 11.18 9/30/16 Mileage 227.25 9/30/16 Vehicle Usage/W&M Equipment W M Environmental Program Tracking 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 Completed 2,400.00 Hwy 78-CFA VCP Project Total: 20,000.00 Contract$48,500 1,233.00 1/31/17 Labor: Frank Clark,Clay Snider, Michael Whitehead Proj. Mtgs: Frank Clark. Michael Henn,James Maxwell,Trey Nelson, 1,134.25 2/28/17 Michael Whitehead Subsurface Investigations: Frank Clark,Joshua Hopper,James Maxwell,Trey Nelson,Jeremiah Roy, Clay Snider, Michael 5,000.00 2/28/17 Whitehead 9,184.48 2/28/17 Subcontractors: Laboratory($1,597.35), Drilling($7,587.13) 570.77 2/28/17 Supplies 575.50 2/28/17 Vehicles& Equipment 1,794.00 2/28/17 VCP Application: Frank Clark, Clay Snider 108.00 2/28/17 Drinking Water Survey: Jeremiah Roy 400.00 2/28/17 Affected Property Assessment Report- Frank Clark 20,000.00 Spent Contracted Total W&M Expenditures: 140,323.65 $197,500 WEDC Promotional Activities 2016-17 Mavericks Tickets Date Attendees October 3, 2016 t 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 January 30, 2017 Falcon Realty February 9, 2017 Mark Hambelton- DCU February 25, 2016 Tyler Peglow-Weitzman March 23, 2016 Citadel Partners April 11, 2016 Firebird Regional Housing Permits Wylie Lavon 09 10 11 12 13 14 15 16 17 09 10 11 12 13 14 15 16 17 January ® 28 20 16 18 14 46 9 g January © 8 B 4 © 4 6 ©® February El 18 9 ® 14 20 ® 4 36 February 4 Elm©©m 6 ©A March 26 20 28 18 m 30 ® 43 la March 10 8 © 6 ©m 8 © 0 April 16 El18 29 38 10 ® 41 ■ April 6 END 24 El 11 ON May m 26 18 20 ® 26 68 101 ■ May El 8 A 0 9 m 4 4 ■ June 36 24 19 Elm 9 ® 58 ■ June ®® 9 ©©® 5 AM July Ella 20 19 18 29 36 34 ■ July 14 m©©p 14 12 AN August ® 24 16 20 19 19 30 D• August 14 ® 9 6 ©A 5 0 I. September 38 ®lag 8 m 24 18 ■ September'''. 0 6 El 6 B 7 0 ■ October Elm 16 28 30 El® 26 ■ October © 14 4 ©A 9 5 0 ■ November El®© 14 18 20 BEM November ®©©©©A 2 0 ■ December®® 10 16 ® 65 38 39 ■ December BABE 4 © 6 0 I. TOTAL ®EI 201 230 B 280 B 409 84 TOTAL El 99 60 m 68 100 77 m® Murphy Sachse 09 10 11 12 13 14 15 16 17 09 10 11 12 13 14 15 16 17 January © 14 4 El 26 DUDE January ©m 14 8 ® 18 14 16 4 February ADA 14 4 ©© 4 © February 8 10 ©m 8 29 17 Ella March 4 ® 9 6 6 8 4 © 4 March mm 9 DAD 24 ®® April AD 8 10 Elm© 8 ■ April Elm 8 4 Elm 12 24 ■ May p©m 14 ABUUU May 6 ®mm 10 ® 6 ®■ June BIB 6 19 El El 4 ■ June mmi 8 El14 16 38 El.July Ellin 16 El® 4 ©■ July Egli 14 ® 30 12 ®■ August 6 © 4 lag 16 B®M August ® 14 © 19 10 29 41 ®■ SeptemberDA 4 10 10 ©© 6 ■ September®©®®m®® 20 ■ October 4 8 II16 16 4 0 El. October g© 8 g® 18 31 29 ■ November©El©m©©B 6 ■ November 14 4 6 9 ®® 26 ®■ December 14 9 8 NE 4 0 A■ December® 6 El 10 m 39 12 m■ TOTAL m® 70 miAEl®Elm TOTAL A 118 mom 280 260 Elm Inspiration Jan Feb Marc Apr May Jun Jul Aug Sep Oct Dec Tota 15 ©® 10 6 m® 14 4 Ell 8 III118 16 10 19 El9 AE 40 8 14 ' 13 El164 17 10 ® 26 ■■■■■■1_■ 48 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