06-21-2017 (WEDC) Agenda Packet NOTICE OF MEETING
Wylie Economic Development
CORPORATION
Regular Meeting Agenda
June 21, 2017—6:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78 —Wylie, Texas
Marvin Fuller.,...,. ,. ... .President
Todd Wintters...... ......... ......... ......... ....„n..„ ....,.... ., „,..,„ 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
Municipal Complex, distributed to the appropriate news media, and posted on the City Website: www.w tietcxasov
within the required time frame.
CALL TO ORDER
Announce the presence of a Quorum.
CITIZEN PARTICIPATION
Residents may address the WEDC Board regarding an item that is or is not listed on the agenda. Residents must
provide their name and address. The WEDC Board requests that comments be limited to three (3) minutes. In
addition, the WEDC Board is not allowed to converse, deliberate or take action on any matter presented during citizen
participation.
ACTION ITEMS
I. Consider and act upon approval of the June 19, 2017 Minutes of the Wylie Economic
Development Corporation(WEDC) Board of Directors Meeting.
II. Consider and act upon approval of the May 2017 WEDC Treasurer's Report.
III. Consider and act upon issues surrounding the WEDC entering into a Listing Agreement for
brokerage services.
IV. Consider and act upon issues surrounding a Performance Agreement between the WEDC
and AMB Investments, Inc.
V. Consider and act upon issues surrounding a Performance Agreement between the WEDC
and T.W. Snider and Associates, LLC.
WEDC—Agenda
June 21, 2017
Page 2 of 2
DISCUSSION ITEMS
VI. Discuss WEDC FY 2017—2018 Preliminary Budget.
VII. Staff report: review issues surrounding WEDC Performance Agreement Summary,
Environmental Activity Summary, ICSC 2017 Real Estate Conference, Highway 78 WEDC
pad sites, FM 544 WEDC/City of Wylie pad sites, WEDC Strategic Planning, 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:
• Ballard & College
• Jackson& Oak
• Birmingham& Hwy 78
• Ballard& Brown
• Highway 78 & Cooper
• Brown & 78
Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code
Annotated (Open Meetings Act).
• Project 2017-la
• Project 2017-2a
• Project 2017-6a
• Project 2017-6b
• Project 2017-6c
RECONVENE INTO OPEN MEETING
ADJOURNMENT
CERTIFICATION
I certi that this Notice of Meeting was posted on this 16`h day of June 2017 at 5:00 p.m. as required by law in
accordance with Section 551.042 of the Texas Government Code and that the appropriate news media was contacted.
As a courtesy, this agenda is also posted on the City of Wylie website:www.wylietexas.gov.
Carole Ehrlich,City Secretary Date Notice Removed
Minutes
Wylie Economic Development Corporation
Board of Directors Meeting
Monday, June 19, 2017—7:30 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 7:30 a.m. Board Members present were John
Yeager, Todd Wintters, Demond Dawkins and Bryan Brokaw.
Ex-officio members Mayor Eric Hogue and City Manager Mindy Manson were present.
WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner and
Senior Assistant Angel Wygant.
CITIZEN PARTICIPATION
With no citizen participation, President Fuller proceeded to Action Items,
ACTION ITEMS
ITEM NO. 1—Consider and act upon approval of the May 17,2017 Minutes of the Wylie Economic
Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by Todd Wintters and seconded by
John Yeager to approve the May 17, 2017 Minutes of the Wylie Economic
Development Corporation as amended. The WEDC Board voted 5 —FOR and 0—
AGAINST in favor of the motion.
ITEM NO. 2 —Consider and act upon Resolution No. 2017-01 (R) ratifying the Purchase and Sale
Agreement and all subsequent Amendments between the Wylie Economic Development
Corporation (WEDC) and Chick-Fil-A, Inc. for the sale of approximately 1.53 acres also known
as Lot 5R Railroad Industrial Park Addition,Wylie, Texas as recorded in Volume 2017, Page 307
of the plat records of Collin County, Texas, further authorizing WEDC President Marvin Fuller
to execute all documents necessary to effectuate the sale.
Staff informed the Board that closing on the Chick-Fil-A purchase is scheduled for Monday, June 19tn
At closing, the WEDC is required to provide the attached Resolution along with a Certificate of
Corporate Resolution authorizing President Fuller to execute all documents necessary to formalize the
transaction. Further, staff is providing ratification of the Purchase and Sale Agreement along with all
Amendments to the same.
WEDC—Minutes
June 19, 2017
Page 2 of 2
Staff recommended that the WEDC Board of Directors approve Resolution No. 2017-01 (R) ratifying
the Purchase and Sale Agreement and all subsequent Amendments between the Wylie Economic
Development Corporation (WEDC) and Chick-Fil-A, Inc. for the sale of approximately 1.53 acres also
known as Lot 5R Railroad Industrial Park Addition, Wylie, Texas as recorded in Volume 2017, Page
307 of the plat records of Collin County, Texas, further authorizing WEDC President Marvin Fuller to
execute all documents necessary to effectuate the sale.
MOTION: A motion was made by John Yeager and seconded by
Todd Wintters to approve Resolution No. 2017-01 (R) ratifying the Purchase and
Sale Agreement and all subsequent Amendments between the Wylie Economic
Development Corporation (WEDC) and Chick-Fil-A, Inc. for the sale of
approximately 1.53 acres also known as Lot 5R Railroad Industrial Park Addition,
Wylie, Texas as recorded in Volume 2017, Page 307 of the plat records of Collin
County, Texas, further authorizing WEDC President Marvin Fuller to execute all
documents necessary to effectuate the sale. The WEDC Board voted 5 —FOR and
0—AGAINST in favor of the motion.
ADJOURNMENT
With no further business, President Fuller adjourned the WEDC Board meeting at 7:34 a.m.
Marvin Fuller, President
ATTEST:
Samuel Satterwhite, Director
Wylie Economic Development Corporation
MEMORANDUM
TO: Samuel Satterwhite, Executive Director
FROM: Angel Wygant, Senior Assistan
SUBJECT: May 2017 Treasurer's Report
DATE: June 8, 2017
Issue
Consider and act upon approval of the May 2017 WEDC Treasurer's Report.
Analysis
From the Balance Sheet,page 1:
Deposits - $20,500. 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 $18,500 Escrow Deposit for
the purchase of the McMillan Property located at 105 N. Jackson Street. During the month of
May, an additional Escrow deposit of$13,500 was required to execute the Contract Amendment
extending the closing date.
Loan Receivable - $57,395.90. 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
12/31/17. 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 24th
Deferred Outflows - $502,000. This is a total of incentive payments which are due in the future.
A breakdown of these charges includes: B & B Theatres - $50,000, GetSet - $10,000, All State
Fire - $20,000, Von Runnen Holdings - $10,000, Exco Extrusion Dies — $60,000, KREA -
WEDC May 2017 Treasurer's Report
June 8, 2017
Page 2 of 3
$100,000, McClure Partners - $50,000, T.W. Snider - $42,000, Patna Properties - $10,000, ACG
Texas - $35,000, Trout- $15,000, and REVA Hospitality- $100,000.
From the Balance Sheet,page 2:
Deferred Inflow - $213,395.90. 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 April
& May was $1,505.27. 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
gain 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 - $487.71. Interest earnings from the Wylie Ice Cream Holdings.
Loan Repayment- $1,505.27. Principal payment from the Wylie Ice Cream Holdings.
Rental Income — $14,250. DCU - $3,400, Delta-E - $800, Austin Said - $4,000, Helical
Concepts - $400. Trimark- $1,000, Wheels in Motion- $1,400, Richmond Hydromulch- $1,000,
Auto Hail—$2,250.
Revenue and Expense Report,page 3:
Postage & Shipping- $9.80. Stamps.
Food Supplies - $27.48. WEDC Board Mtg. Meal—April.
Computer - $2,733.16. Server Installation/Config/Back-up ($2,518.31), hard-drive repair ($125),
Spam-Bully renewal ($89.85).
Incentives - $43,934. All State Fire Equipment 2 of 3 ($13,934), Freudiger—3 of 3 ($30,000).
Special Services — $102,699.33. Environmental 605 Commerce ($26,939.65), Environmental
Hwy 78 ($37,742.68), voided check to JLL $2,000, Traffic Counts ($2,700), 605 Commerce —
Remodel (Bathroom) ($1,810), Mowing — ($545), Replat Ind. Ct ($82), Kirby — Chain & Lock
($22.50), Janitorial ($157.50), Kirby/544 Fill Dirt ($34,700).
Advertising - $3,055. Connection ($1,500), In& Around($1,555).
Community Development - $5,595. Chamber Banquet & Auction ($1,595), Pedal Car ($100),
FFA ($2,500), Taste of Wylie ($800), Collin Prayer Breakfast($600).
WEDC May 2017 Treasurer's Report
June 8, 2017
Page 3 of 3
Travel & Training - $1,673.38. Collin Cty Days—($186.18), IEDC-Greiner ($90.94), ICSC Air
—Dawkins ($618.40), Greiner ($528.40), Bus Mtg/Proj. Updates ($249.46).
Dues & Subscriptions - $767.75. Windows 10—($108.24), Club Corp Dues ($659.51).
Audit & Legal - $4,690.99. Atty Fees — SAF Holland ($833.50), Kirby ($77.99), CFA ($1,380),
544 Gateway($140), McMillan ($492.50), Firebird ($1,567), Auto Hail Lease ($200).
Engineering & Architectural - $13,148.47. Eng. Svc Hwy 78 ($1,480.60), 544 Gateway Concept
Plan, Topo ($6,662.50), and Downtown Alley($3,280.37). 544 Gateway Grading Plan ($1,725).
Streets & Alleys - $201,239. Hwy 78 Decel Lanes, median improvements and common access
drive.
Computer Hardware/Software - $2,396.31. Office File Server.
Recommendation
Staff recommends that the WEDC Board of Directors approve the May 2017 Treasurer's Report.
Attachments
May 2017 Treasurer's Report
Sales Tax Revenue
Wylie Economic Development Corporation
Statement of Net Position
As of May 31,2017
Assets
Cash and cash equivalents $ 561,057.38
Receivables $ 429,062.56 Note 1
Inventories $ 8,913,591.72
Prepaid Items $
Total Assets $ 9,903,711.66
Deferred Outflows of Resources
Pensions $ 66,481.55
Total deferred outflows of resources $ 66,481.55
Liabilities
Accounts Payable and other current liabilities $ 110,674.22
Unearned Revenue $ 219,395.90 Note2
Non current liabilities:
Due within one year $ 1,774,069.20 Note 3
Due in more than one year $ 3,948,895.25
Total Liabilities $ 6,053,034.57
Deferred Inflows of Resources
Pensions $ 2,839.41
Total deferred inflows of resources $ 2,839.41
Net Position
Net investment in capital assets $
Unrestricted $ 3,914,319.23
Total Net Position $ 3,914,319.23
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 May 31,2017,these commitments totaled$502,000.00
0-19RA 014 107 47 AA CITY OF WYLIE, RABB: 1
RATAN:43S SMART
AS 0E0 AAA: 31 N TA 2017
1 I I-WATT E 8,,EANAFT C 9E0211 COR P.
ASCDUNT P T171,25
AS SIETE
1000-131110 CtAIM ON CASE 3 C1QH FAMI V 540,097„39
1000-10115 C ABA - REDO - I NWOO D 04 00
000-DO 1.45 ESCROW 04 OA
1000-10192 2tiE90801!;1s 29,209.00
1000--I 0198 MERE. - Al SOI C11AF 4 MG 0.DA
'10111-4 0341. ERE 90 OA 0.00
III0-1 0 31 3 DASDS 94„01
1041 0-1 OA 81 TR TE1,46,E S RECEIVABLE 0-00
1000-1 1011 ACC T S Nil A - NiI SF: A„01
1000-1 1017 ArcT s BAC - SALES TAY: 64,90
1009-1 2010 LEINER 154,...*.'an.',.s. RISC.0,I VAO 4R 114,01
1000-1 2200 4013042 PROCEEDS REr El VAB.1,Ei 0.NA
1001-42999 11(91 REDS VA 6 LS 915,3954 90
1000-142997 AIDITM REA - JE:6.1 TECH 94 00
1010-4299 R: BESTS 91,0, - BOORT OFAB LA LOANS 371,611.09
1000-14112 INVENTORY: - MAIRSE I All SU P PLI II.0 0
1000-1411 0 INVER RS102 - 4:ARA 9 A101 Lt:I NGE
1 DA 0-4 4118 IA VER TORY - 1321961024 SAISIBER BLVD 9-07)
4000-44310 PREPAID EIFTEINIEDS - MI:SC 9-0 0
1008-I 44,10 OR FEARED C441 IS TOWS 5029000,01
10,401,711.,6.6
TO32.AL A BERT IS 11,409,711.66
2.24-42E-As-..„44
14 ABILITIES
4-532-4,4-52,4
2000-2,ca 1 o FEDERAL, Ill ("I' TAB VA FABTIF 9 I.90
2A OD-2011.1 MEITI CA BE PAYABLE: 04,00
58000-101 12 OE 7 LA AU PROBT PAY ARIZ 0.00
29110-3 ca 3,..3. CREDIT UNION PAN A nIE a„.0 o
2(III-2A 1 IA 1 RS 1191102 PAR A ntE 9.00
2000-F0115 NATIONWIDE OE FEF1412D COMP
2000-20116 HEA,ATE„ I NEUF VAR-TA P1/Ill S 1 0
2120-20117 DBMS FEE ABLE BA OD
20110.-/0119 872P F. 4 RA VA 13122440 0-015
,2.02 1-2olt1 wo:FIYERS CI'll' BAYARD A 0.90
29030-130120 El CA, PAYABLE 04,91
2000-2 0124. TEC PAYABLE 0,00
2000-281 FR 1341129SINT LOAN LEVY I AY A B LE 0.90
2100-10123 AL I NARY PAYABLE 9,(00
2000-2012A 2A MI4B1 9TC Y 981 ABLE OA(0 0
2 D 0 0-10129 0 AILIC: DE1459BRED CE,N,P 0,00
20 D0819129 TARA PAYABLE: Ii 00
2000-AS1:n FAR. LEGAL,: SERV ICES: PAY ERIE 04,00
2D204-29130 FLEXIaLa SPENDING ACCOUNT 629.00
SOOD-215131 EDWARD JONES SIB FARIS:BD CDAIR 0.OD
2'0(00-201.32 FAA C4114,21 FL 1 TB 12.0(I
22(EO-29151 AC12804E1 WAGES PAYABLE (5„00
a 01-2 0 lei''f. ABET 1 FABLE'TEE I NS OR RAF: 0.90
2100-112 I 20 MT SA B9:211W II PARA:13115 0.00,
6-16-20r1 10oP AM, CITY OF WYLLE FATFY R
BALANCE NBENT
AS 095., MAY IS1, 2016
1V.-WYLIE EcoNomr,c, nEIII CORP
ACCOUNTO 11
2000 924320 AP PRNO4NO 4, 37,1-64
2000-29210 ACCORNTR PAXABLE !,446,265,.. 44
20RO-205430 PROPERTY TAXEU PARA134.7, 0.50
2000-340540 MOTES PAYABLE, v02000400
2909-29R10 DOE TO GENERAL FUND 0,00
213096222).0 CSEERRED INFLOW 21'4,395,90
2000 922BJ6 DEF ENBLOW AIN,NCITAL 9,00
20D0-22280 DEFEBBRD INFLCM - LNASE '4NT 6.90
2090622115 RENTAL NEPOTTTN 6,096.01
TDII AL LIARTT4TIES B32,03'0.12
EQUITY
'loon-3.41II FUND BALANCE - REFEFUND 0,00
3000-34590 FUND BALANCN-UBRESLR9/UNDERIC 8,229, 4654,4B
TOTAL BECITNNING ENTITY 8,229,357.46
TOTAL ,',CEVEINUE 3,626,925.b2
TOTAL EXTEMSKU 2282641.44
coo,
REVENUE OVER?(UNDERT EXPENSES 1, 344,2E4.08
TOTAL. EQUITY 9 OVNAJUNDER4 9,573,644.54
TOTAL 14159144LTIOEN, 793)OTTY 9 OVERIIONDER) 10,405,714.66
6-13-12012( 107:31 All CI TI OF WY L IE OA)))8331 1
BA TA NCI, S H EET
AS DA: MAY 31S44, 2011
LONG TE RM. DI'll T ()18111
ACC OUNTI TIT LE
AS SIFT 8
10115 R44I4EN T NOTTS 0„.0 0
1 0 0 -1 6 11.1 0 LOAN' - 8)13
1 0 0 0-I.DT 2 0) LOAN - B.I RN 117)(THAN 0,01
1.0 0 0-1 82 1'1 AMOUNT TO BE. 080V I PE),)
1 0 0 0-1 81 21 ST RN T1111)AN LOAN 0„0
1 001-1 9 0 5 0 DEL" OU T PLOW -, CON 1)1,1E01 TONS, 2 7,9 2'2„2 9
E F OUT E1312,1 - 1 N V 8 18 M0)NI EL',P 321,8 3,30,('4
1 0 01-I 8.1 81 DE F 0111 FL CM - ACT gX1?/AssOMP 4,2 2 5-1 D
1 0 01)-4 91 2)5 (UAL N4 1 LOS S ON A S SUM 0182 ON CALI( 20 13'9.41)
41
',V(20,18 1 AS SET'S 0 31,84 2,„.1 41
--.22-_-__..2..........2„.
LI AB I 11 T1D11
„32.3,82,823 opp,--„,
2 0 0 0-21 31 0 DOMOEN.SAN ED ARSE NCI(S EA.YABIT, 64,613,61
D DO)0-21 3 1 1 COM 8 P.,,asS titli'.;S PAEAELE-C UR REN I?' 0„0 0)
211 1 0 A TOR U.E.0. 1)1 T MR EST DA838.13/E. 4,830),85
2 0 0 0-81)2 0 5. 144E.EC 108181811 U.EB.6181). 1,742,213_04
2 01 0 6 2 P321 0 411 144M1 NO.88.AM LOAN 0„0
2 0 0 0-1 8 2 3 a I N18)0 on If 8,0 0
AN B. ME ANDAD 86.9 (.),.01"
DO 0 0-3,?.82 3 ANA TEDIN1 PIEDDICORD WHITE 5381,81
21 0 0,,,,,,1 832 II AN E LOAN A BANDA:C./ 8 U.1)HES 210 91
21 0 0-2 81 4 52 AN B LOA,N OL 01
2 0 0 0-2 8 2 D 8 4419 CONSTR)OCTION LOAN 01.01
2,0 0 0-2 8 2 3 3 ANa LOAN 1 1'001113ar 8 1)E PA RE)14AT 5 4 80 2 0)
2 O 01431 R.2 3/ AN"6 LOAN/817 CAPIN AN
2 011-2281 31 AN.8 I 08.N111))/E S:6 OB12850 PAY 0 ET 1E3,6/3,04
20 0 0-11614 0 611,11E 3) LOAN 0.III
2111-2 D 2 1 5. ANa 44 AN,/DAild))13 WEI RI E CO L, 2L,00120
21113-2 D 2 4 7 JA 8 R,A RD LOAN 21131,1672„4
2 0 0 0 4991-1 CITY OF Wle'LIE LOAN 0'.4 0
2 0 0 0-DS 2 0 0 PSI'MII EMT'S LOAN Op 0:1
2 0 0 0-1 8 2/0 BONLANDJ API 11,EAs ON '00 AN, 0.1 0
2 0 0 0 6 21)12 1144 CA P ITAL. 014E CA2131D LOAN 0,0 0
2 010-12.6'210 14OI8A RI/18)38E2313122E LEAN 0.0 0.
.141 0-2 91 5 0 NET E E111.11 I ON LI A831 LIT Y. 1 8 8,8 1 23 13
„,„32...._23„...................................3
TO)TAL 1 lAB I L 1 T1 ES. 5,0E0,451,45
E(DU1 TT:
)28.80,00
3 32/111)32 3 4 5 9 0, E1131'O BAIA NTT-0,E92018,1 E)3 V1.17.N DE SI G( i'l.,,,1 3(38 0
10 0 0-16 681, UNREST RIC1131) NET POSITION ( I 1 4,9 6 D„81)
83282328.3../..„.,...2.,.............„
83260.6 I, 1 EDT 11211 I 13)(3 DOUTTI 1 3,8580 9 961,5 01
VATAI 61.,'VE NV E 4 22,30 OL 2008 0 0 4
T 01 At E14128M SE)A ( 434,187.18)
1())-2017 10.) AM ()&17)(." P&P" PF).))),.) 2
fiAL/)..1),I'CE si EE'l"
At) ni,) 1&14,))," )41 S'I) 201)).
922—GI&N 11,01).K.) TFRI)41 1).E))1) CWf&DC)
tro,.))(1.111)11:4 flr
.1.).P.VE1),[l..)1)) OVER./CUNT)ER) I&1;1EN,51)))) RF)))).81.2„el)
TOTAL.. 'WA) & OVF.1))),()f&H)1)".1)..) &,71.()))311.
)1:0'1'1))1., ), ()111 [TINS) 1))0&11 & ())/1))1),/(),)N111)4,,I,) r.)))642.14
1-1G-2017 10:38 AN cl.I'•^2' 01, '0,,,I).".1,T E PP!.,,,..E,7 1
REVENUE: AND EXPENSE REPORT - WMAUDITED
AS OF MAY 3041, 2012
III-WYLIE: ECONOMIC DEVER.. CORP
FINANCIAL 1
CORREF1 CURRENT PRIOR, YEAR Y-7-6) Y-T-D BUDGET 8 OF
BUDGET PEELED 60 ADJUST, ACTUAL ENCUMBRANCE: BALANCE BUDGET
411v...F149,F:,,
TAxEg 2,646,441440 2440816_14 0.00 1,280,160,83 4,4)0 1,420,441.87 17.32
IDTEECOVERNMENTAL, REV, 4.80 8,14 0,00 0.06 4800 4.84 0.00
INTEREST" DECORS 14,2338„80 1,912348 0,001 11,141.16 4,01 2,440,81 82,7G
wIscEILANsous INCOME 1,684,058,06 14,260,84 4.00 38,856,64 0.00 1,141„241„36 2-46
OTHER. FINANCING 000BOXS 0„00 0.00 0,60 2)800.080,00 0,00 ( 20300)000,00) 0.00
1"4;dTAL, REVENUES 4,641,016,00 20,054.18 0,00 3,6864125..52 0.00 G64,161.48 84,52
XPENDITURE: EVMMAAM
DEVELOPMENT COII- I'D41 5,212,711.40 440,126.13 0.00 6.2828,641.44 2,6. (3.(3.0 9 0"'":(9 8)4 i 9,9 6 ^63 2 3)
TOTAL EXPENDITURES 53282,III-46 444,124„43 0.00 2„2 A 2,64 I.4 4 0,628„00 2,9980449,36 41,.25
:4886 6 484862,4486 484688888464 44)8464446668 4,3,86864.4444,2,,83 3,843:88=4 8,4 2 4 8 8 848.2,4 034 8.2 8 48,„„,34,24
RFVEN)119, OVER/EURO:61N EXPENDITURES ( 192,623.00) I 261,8615.76 (I„„6(3 1,2.4 4,114,0 8 ( 1)0 6 0."(("(,0 8) ( 2)3 1 4 0 3'.3'(,9 8)
IS I 03 91 PIM CI TY OF WIT I& PAGE: 2
9 DUD NUE AND FE 2 ENDA REVOKE - i DRAU D 1 YEA)
AS 07: M1629 3 1 ST, S41)1 4
1 1 I-mYLIr ecottoml c OBBR 1 CARP
REVENUES
CU BRENT CD 2 AS ND PR I OR YEAR 414 T—D DRID BU DRIBS
60111192 BARI 0 D BR ADAD 9 T2 AC TV At. 01697111 6.)A All C E AA IAN C D 51 DNA
9691.4)6739)
49904A 9100 REV IN 132,IB 08) TAXES
4 8 9 2 4 4 0361 0 S11111E S; TAY 2,616,642.00 2 .
64,81)6-19 6 21. 1 A 7 6.1 6 0 9 3
'''• '. ' • ''• 8.00 1,920,481.04; 47I,841
29 0 92.4. )249.xr 9 2,611242,00 241,016,14 6661 1,276,160.93 0„00 1,420,461.90 44.322
IN T RAGS)V2 ANN EKES), D))946
1 8 3 0 F CONON)/C .AGRESEENE 9 0.0 0 Os 01 06 0 0 0,,0 0 8.01 0,00 OH 00
IOT Al I RISEG 0222116 BRIAR. A44422 0,0 0 2.0 9 9 6 2 03'0 O. 96 014 0.90 0600
1 4- .-I. T N COM)E
4 0 0 0-A 5 0E1 C 91111 FT CAT B Of IDED OS I T 0.0 0 8
II 0 0-4 61 1 0 A1100 21,6T15) I N IS4212ST EARN I NUS 2,9 3),,G 05 9.0 0 6,0 0 1,744.23 0„01 2833.11 11.41),
4 8 9 031 21 4 0 T A:131700T 4 NT BRE S T 0.0)0 1„0 0 0,01 8,2 0 I),0 0 8„ 0
4 3 LOGIC I 51481141)8T 9.0
4 Al 0-A 6 1 DA I,NITERS)I)' FA AN I 2 GS 2,97612 8 5 4 60„21 '8.2 2 4;,21 7.0 4 0.0 9 1,264,194 142,33
4 8 0 0-A 61 6 9 L GAN RR PA BRENT (B)1 I H CI PAD.,1 6, 9E6,1 5 1,598,21 0,0 0 4141 4 6„2 6 0.0 0 3 A594 8 010) 22
BAN K 44,0.11 AS BABBEIF I N IRRE 8 T 2,0 8 0„064 0.12)0 0,0 5 04,OR 0„OE. 4.2 2
TC265.71 1 BIKED SI' I B C:919)F. 1 4,3 8 8H 21 1,9 97)3.'1,2 9 0.8 0 11,5016 88) 0,1 0) 2,400605 041,72
131.69C8F84,119294,4 GS3112120ME,
4,00 2-4 91 15. RENTAL 1226119I4 1 I 4,3 01,2 2 19E200.02 0.2 2 5 5,911.4') 0„0 0 44,443,36. 61.42
4900-48310 RESINEBY - PRI OR Y EAR FEPAN 2.0 0 2.0 01 )5„64 0„ 0) 9„0 0 0.91 06 0 0
4 01 0 4444 1 9. M..T.SCSI LLANDGVE I 44 COES 118,725,00 9.2 0 0,0 0 0„)0 8 0„0 0) 115,750,89 0,00
4000-18430 GAIN/442E841 SA:LF 07; 4/4' ABS 1,150,011,06 03.2 8 2.01 3 1,0 0 0„01/2 2.00 1,361,006.00 22)04
227T11 1, MISCELLANEOUS I)411NE 14 800,029-80 1.4,289,00 2„0 0) 193 9 576,6 4 2.91 1,541,201„31. 2.46
2,1118)1,R)))33217/)44ANDS)14613))) 134 E44
4 01A— 51 6 2 Y RA NS 21 RIR. FRAM, AR NERAL FUND 0),0 0 2„0 9 6.01 9,2 0 2„a o o..
4 2 0)034 01)2 DIRDI 8) KOTA 9 DOC A S OA :26 0 0 03,0 0 0-OA 0,109,009.21 0,09 t 2,308 0096 004
4 0 0 0-A 5 8 8 0 IAASE PRI NCI PAL. BR Y DENYS (9 0,01. 0.0 0 0 7 01 04.0 2 0.0 9 96 0 0 0„0
4 01 0-4 9 6 0 4 NEN KARAT) KI2UO4/ERI ES 2- 4)) 0,0 O. Oo 2 0 0,)))0 0.9 9 0„DO O.2)0
07111, 27191)01, 4 NA N CT NG S 644 AC ELI 06 0 8; 92 0 0 0.0 0 0,3 0 o 0 an.ol o„.0 0 4 2,310,000.0:04 0»031
76)2AL E E BEAR E S 4,291,058,00 261,051.11 0.90 3,626,2814952 0 0 0 664,TETI„48 84.52
6 516320/7 10)18 AM CITY OF WYLIE PAGE) 3
REVENUE AND EXPENSE REPORT -- (UNAUDITED)
AS EFU MAY 31ST, 2017
111(-WYLIE ECONOMIC DEVE.11, GSMD
.1.1ATVELOPMFET 00FP-WEEC
01111 IN EN V (Ai IR 0.61/66 P.P.I OS "4E101 8111111.1NT % OF
PFS211011 FO Al./165T. ACTUAL 80.111UNNIFRA1113, EA/LANCE 11014,11NT
P.F0511310SPI(N..15L/(2N.P11J(31.!!!!(9(
6611)(51110 SANARIEN 278,4.13.00 20,641-32 0,00 180,415.87 0.00 97,997.13 64,80
5811 -51110 OVERTIME 0,00 0.00 0.00 0.00 0.00 0,00 0,00
5611 -51110 LONGEVITY SAY! 1,168,00 0.00 0.00' 1,168,00 0,00 0.00 106.00
5611)(61148 111.11111 .113211V1 BUYBACK 0.00 0.00 0,00 0,00 0,00 0,00 0.00
501.1 -811.60 CERTIFICATION 1.19111.141IVE 0.00 0,00 0„.00 0,00 0,00 0,00 0.00
6611)(51170 FARAAFFIC INCENTIVE 0,00 0,00 0,00 0,00 0,00 0,00 0500
5611 -51210 CAR ALLOWANCE 12,433.00 969,26 0,00 8,071,07 0,00 1,161,93 64.92
5611551220' PHONE ALLOWANCE 4,659,00 0.00 0,00 1,492.00' 0.00 1,164.00 75,00
5511 -512.30 CLOTHING AXI128 .11(6.14 0,00 0,00 0.00' 0,00 0..00 0,00 0,00
5611 -5/260 MOVING ANINWAIINE 0.00 0.00 0,00 0„00 0.00 0,00 0,00
43,047,00 3,258.69 0,00. 29,321,29 0,00' 14,725.72 65,79
33,951,00 5,514,04 0,00 22,550.48 0,00 11,400,52 66,42
0.00 0,00 0.00 0.00 0,00 0,00 0,00
960,00 80,47 0.00 710.39 0.00 249.61 74,00
14,877.00 1,28/.67 0,00 8,1)00,26 0,00 5,776.74 60.37
56111-011450 MEDICARE 4,01.1,00 299,74 0,00 2,859,61 0..00 1,3.51.30 66.31
561.11 -51470 WORKERS COMP PREMIUM 596,00 0.00 495.36 0.00 100,64 83,11
5611.-1:11480 UNEMPLOYMENT COMT (TWC1 010,00 0.00 0.00 27„00 0,00 783.00 1%31
TOTAL PERSON1121.12 SERVICES 394,622,00 32,145,39 0,00 256,711..12 0.00 137,010,68 65,05
S.9.1F/EGi..13 /S
5011! -122010 OFFICE SCAPA:12S 5,500,00 0.00 0.00 1,197,86 OLGO 4,302,14 21..78
6611 -52 0,112 P01,,,1E A(...:',N & 18.9811((1).FIT 980.00 6.80 0,00 26.69 0,00 953,31
5611 -52130 11E0213/ DOECN 020N-CAPENUL, 0,00 0.010 0,00 0.00 0,00 0.00 0„00
2,250.00 27,48 0,00 666.60 0,00 1,581..40 29,63
510W1 -S2990 OTHER A,00O,00 0,010 0,00 0.0,0 0,00 5,000.00 0,00
TOTAL SWAP:EFS 11,730.00 37,28 0.00 0.00 11,838„95 13.77
mAY711....11-1 7971 P4,AIYYFf,P2...N..c
5611(.il":.,46:A0 EDDIE & EQUIPMENT 0.00 0.00 0„00 0.00 0,00, 0.00 0,00
13221 1 -54810 05.0°F)01/9 HARD/SOFTWARE 1,000.00 2,733,16 0,00 2,920,66 0.00 79.34 97,36
0610.1--54990 01EFR 0.0,0 0.00 0 00, , G.00 0,00 0 00 0,00
1,000.00 2,733,16 0,00 2,920,66 0.00 79.34 97,36
CONERAETAAT, DKRVI.CES
5611(-1A6M,10 IN2ENT'IVES 1,175,281.00 43,914,00 0.00 649,322,54 0,00 525,956,46 55.25
))61 I -56040 SE2131,11.1d, SERA/ORES 381,851.00 102,689,33 0.00! 184,090.72 2,620.00 195,140.28 49,60
5611--1H60130, AEVERETS1NG 144,700,00 3,055,00 0..00 19,576,00 0.00 125,124,00 13.53
5611 -56090 COMMUNREE DEVELOPMENT 52,000.00 5,595,00 0.00 29,753,81 0.00 22,246.19 57,22
5011366110 COMMUNE:011E1010S 9,350,00 531.45 0.00 6,635.86 0.00 2,714,11 70,97
661 11 -561E0 RENTAL 29,328„00 2,444.00 0.00 21,811.42 0,00 7,516..58 74.37
891.1 -58210 TRAMEL & TRAININE 39,948.00 1,698.1.8 0.00 24,364,11 0.00 11,463,69 62.77
661 1 (66250 MIES & OURSODIETTONE 21,873,00 767,75 0.00 10,554,56 0,00 11,118„44 48..25
5811 -56110 INOURANEE 4,310,00 0,00 0,00 3,201,10 0.00 1,108.90 74,27
2611-!..J61...,10 ALIETT & 112113LEPE, SERVICES 33,010.00 4,690,09 0,00 24,270.49 0.00 8,739.51. 73,52
5611 -56570 8MCINNERINGS0ROGNITULPUNA1, 42,863,00 13,146,47 0,00 16,011,77 0,00 6,851.23 84,02
5611.-56610 UTIIMES-EL.11X1301.1.23 ?...!.....499.1.99 _ _ _ A.:.4.P.:...2). C.)(°C) 1,097,93 0.00 , .1,30282(2 45,73
178,704,59 0,00 1,01.0,710,24 2,620,00 922,483,76 52,35
REVIA1NUE AND ''..X.IF.EN SEE .I.E.,1;PF)1E,9' .- (11IN'AU.1'1:T 1E,I F)
A,S Fdl' lvfit.Y '11E1'1'„ 2 0 1.7
11.L A VO,1,T E OCOP1()M1F,1 DEVIEJ„ CORP
D.OVNT.OPMON'1' EFORP MIEDO
DE I'A.IVEMENIE AI. 'WE,X PF,IN'D I'1.1.11,1.E,'d
.131ill,OF1q' IP TF,T 0 D PO t„,1'.1„11,1 OFF„ ACEIFV,AI., F1NVFOlvIFFRANCIO .113ALA NO C E FO/D.(",1,'I'
T.IA",,,EVE SERVE CIO & c.rE IP„ 1..11.E.,P11„
5611--O F.,11.1.0 DERt 131E FF,V I C I) 1,91.0,90F,.00 0„00 0.00 0„00 0„OD II,'310,90E,„00 0„00
O 6 Ll.-A!i 8,11.0 II,AIN I.7 A-OL1P C11,A,S,F1 0 1)1 CO 331. 439„00 0.00 0.00 2,482,573.30 0,00 2,1 H,134,30) 749.03
56 1.1-"u 8 P 20 11'.*E.,VIE,E.E.TE11111`1,11F 'OHO'S 0„00 0,00 0„("'"El 0„C.0 0.0E) 0,00 0.0 C
0.00 C).C)0 0„00 0,00 0.E70
„Ft till 58210 S TIUE.F.T'. & Al.II,TF,.Y S, 68E,,700.00 201,239.00 0.00 4 9,97.',,(,,Ei, 0.00 246,72Fo 3'2 6.4,0'i
561.I. 5881.0 COMP1,1'I.'IER liAlE,DE`S F.).121'I.'WARE 5,000.E)0 2,396.31 0.1.',,E1 ;,,rEa,11„2 Eli 0.00 ;,488„'7 °Ea„23
0,00 0,00 0.00
0.00 0.0C) 0„GO f ;;',.,482,F.,i 3„ i 0) 0.00 2 482 57 TO C).00
1,02b,639„E)0 2.0.3„635.31. 0.00 443,484.9E7 0.00 O82, 1-54,03. 4'3,21
OTILIER. OTNIAIFiC11.1A5 ,11.i OF,'.'-,'„),
LI 61.1 AAA O 91 I 1 '1F1-,',P.N,5 IVO O. 'FF3 G PEN lO P.A I. Ill N I) 0.00 CI,„00 E).00
0.00 0..00 0,00 0„00 0. 0 0.00
561.'I.-'„19430 'PEFFV143 TEE E1 9'0 CA1,1E'l'Al. PRO„.1 F00 0..00 0.,00 0..00 0„00 0„0E1
!.'61.11 5'99'0 IFIE.0„INC'E.0 ACCEOINTI.NG 0,.00 0„0,EN 0.00 0.00. 0.0
0.00 0,.00 0.0
TFOVA I, TTEVE I,OE'MF,EPA,1T CEOR.IP AAA WIEI'JC.'. 1 ,283„'/1.1.00 400,925„93 0.00 2,282,6,41.44 2,620 33 2,998,449.56 43.25
TO IV,,,F. 1E,X1'ION D I TIIIIEES O,283,711 „00 490,92E1.93 0.00 2,282,6,11.14 2,620.00 2,998,419..56
E'ElOVN N11,1 O 0 V OR. I,Y F,I fi.K P„) EX F'ON D111,,I BEN S ( 992,EE2 „00) I, 229,866..76) 0.00 J.,344,28E1..08 ( 2,620.00) ( 2,334,287„08) 135.16-
)') 111',Eil'J 0 IF 1,".1,11EF)IVE F F F
a-za~uno [o.41 am o o r m z L L s 11 m G, peoo: �
FUND . uL-mzzzm sommoezc msxs. CORe pEazum TO umE'^ e*v-oo�,7 THmn mau-�mm
mmrr , a!z �,eMM, cnmn *azz-mmozo
eoaz mo7u ramm w saozmFIXs o morm ~~~~~awuuw7~�~ ~~~-mxLam«m�~~�
���������������������-
sa��-suu�o m��zcm ooe�uzsm
a m s n w r yhuo
_______ _________________________________________________________________
swzz-��u�a Vmxnnmo & Fmozmmr
a o m T, m w z m s o m c x w c a 16.mm
eza/z� */za umams mrr, uuoom nos�u ormmpm 82T7 MAY/ mxG�PwY� "so zm�mm
MAY ax'YznzTv uo, s.nn cm, m.wo 930
___ __ _____ ____________________________________________
sm��-sz�w rooay/ somze 'mom-cAezrxI,/
o o o z m w z w m a a L A w * m.ao
____________ ________________________________________________________
r000m/ mmozv - *�wm-weos.es
o u m z m e s m o u x �, m w o o m.om
___________________________________________________________
soi wzn smoo ooepLzoa
a F, o r w n z m m m u x w � o aoeAz
zr s/zp awsmsl upr� 0003s7 ymsr2' yacX,� aau mns MEAT, ouo112' 821� mmxz'l m,ys 6mt',.01
s�zm »m68z0 mrr' unuzsr ouy n xomc sau wrm mouk 000*12 m"0/ eaYz� mYoamT 10.ss 6e6.e0:
max acTWzrz na. ur.^m ca, o,uo 2Y*8
---------- ----------------------------------------------- ----------------------------------------------------'-------
sa��-summo m�noa
m s s z m w z m o a x T, s m c c u�ou
---------------------------------------------------------- ---------------------------------
ssz�-y^aw �om�a � mmor�ewr
a s m x m m z w m o a x. m w c s 0.00
----------------------------------_____
561z-s461101 cmmPorms oupo/mmerwmac
m m m z m m w u o A /' x m o Iuh0o
Woa/1r s/ms mms%z com; m"M yo169 onm*orm mruup/pm?,m 004e06 346410 2'yxo.'Yl ,�os,mx
y/zs/.17 s/1s ama�m/ cem, oaeoms 9046,1 oev omwoos ,,02p 125.00 2'p»m,nl
s/um/zr e/18 mmOnu nFT, pmmmo oemn aoTm uoamzz mz,` mmvI' mmozwaa 8485 2020A6
1111''
67-10-7201M 110°,41 PM D E 7/ A, 11 L I., I S "P I N G P1AMIPM 2
FUND ',. 111118M,TIMF, ECONOM191 DEMEM, (;ARP PE1"11110D 410 LIRE,, May---201117 'MEAN May-92017
DEPT ',', 6118 DEVEEMPMENM" AMFM--MF DO AOOTRVIIS 561.19-432019) THRU 55113-758910
P 08 T 0111111 I RAM # FREE/REM OE Hi/CEF y,----------------DE S rT:11,17"ON ---------------------- 'VEND TEM/TM # 18EYAB AMOENT,,,,,,,86,,,,, ,,,,,,,,,,,,,,,,,,,,,,,,FAIT81M11196,587-8
551AT-54960 1.11141111J1,
41, F, (11 I N '8,11 'I 16. G E„:.'„ A. I, A. N 4.1 E 0„00
58121-56046 1111/16811N47,117/1151
181 E (111 I N N 11" 114 G B A. I. A. N 4". 11/ 805,398„.54
5/1.1.11.7 5/11 1841180148, CliE: 089226 90305 ASEE -- AMINE 11111ANCEAT 2 OF 0045E9 32 IMEENTIVE 130,934..00 5144,322„54
5/11/1.7 5/11 A644,147 (11142 009227 90385 1^"13E1 DIM11114 - 3 OR' 3 004581. #3 INCENTIVE OE 3 30E000,00 649,322„54
5 BAA 4585 AA 6888 MAY ACT INU T Y 1,718:: 43,934..00 CS, 0,00 93,934,00
56119-56040 S 8 E 01 IIIM SERMI GE,181
B. E G 1 N N I:. 51 G 14 8,, I., A., N C E 81,391,39
5/04/1.7 5/04. 1.05591. SHRA 089072 90186 605, COMM VIIP 118,13 1./ WEDC 901820 VMP00408133 FEB17 26,75 81,420.1.4
6/04417 5/04 4,85598 4,11169: 080073 9011.66 ENV' 605 111,0MMIETMBY 004337 23811. 7,950,27 89,370,41.
5/04/17 5104 14„.655144 ONE2 089073 901.86 EMI/ 1.1NY 7B VON 004337 2381.2 1.64,927,00 106,197,41.
5/04/1.7 5/04 1E85600 IMAM. 089073. 901.86 ENMA 605 COMMA HINNY 004337 23816 1.6,1460,„63 1.27,158„04
5/04/17 5/04. 18,85651. GEIFT 069079 90186 ENV HWY 78 VLP 004331 2361.9 1.8,91.5.68 146E073..72
1,18/11.0E17 5/10 188.5982 VOID 087545 90332 REVERSE 4M111111DFD 8EUFSE 003557 02141.7 2,000,00ER 144,079„72
5/11/1.7 5/11 18501.13 FEET 08921_9 90375 EPIRENO 'TRAFFIC COUNTS 000701 201.7114 WEDO 2,700,00 1.46,773.72
5/15/1.7 5/1.5 ,:4.84.1341. (16166 0811276. 90447 M.044--A11'97 M 00133 05051.7 WEDM 45..00 1468,81.8„72
54'L5/17 5/1.5 149.6341 CH82 08(4276 90447 MON8-1M114441 4,6((4 LOT 001179 050511.7 WEDC 1MM,00 146,996,72
5/15/1.7 5/1.5 181.063491 C51146/ 089270 904.47 HM188-1911,1,1 0 S11.311P 001113 0501915/ 8118160 140,00 147,138-72
5/175/17 5/1M A836341 CHK:, 089278 90447 MOWAIUMAPER. ONFVF 0011.73 05051M WENC 60,00 1A7,198.72.
5/1..5/17 5/15 A.3634A M.11.442 089270 90447 MOI1-31704' 13Y' WOME 0011 /3 050184./ WIU18 60,00 1A7,250.72
5/15/17 5/1M A56341 111.8K: 089276 90447 40141-141.1141.1., PROD 003.1713 050517 WE DO 60,00 1A7,316„22
5/125/17 5/115 .A85388 CHEM 089902. 90461. 095 COMM RENO-- 12145.2741. 004816 3277-13 1,810,00 149,120.72
5/18/17 5,,19 A6/6637 1aET:: 000357 6011,02 RE PI,1121-41626„ TAN REP(I1 00091R 8277 6MAY17 KEMM1517 1,00 149,129„72
5/16/17 5/1g A86637 14317 0003.57 90572 1'1BIBIA1---CER. IM11 SCOT 00091.2 8277 M10.1817 148418ANT 40,00 149,189..72
54419/1.7 .5/19 8,80897 GET,' 000357 90572 REFIT-FILING '11U1613 0009112. 6277 MATM7 WEG11N7 1.00 1.49,170„72
5/18/17 5/1.9 A86A37 D11.815- 000357 90572 PEPLT --- FIA71111PIR FEES 0009,12. 8277 M1'i.Y17 WYLM,31.197 40„OO 1146,910272
5/1.8/17' 5/19 A6,6887 OFIE 0030357 90612 LOCK/CHAIN, 544. CATE 000912. 62177 1NAY17 WYCAME 22...50 149,233,22.
5,/25/17 5/25 A67163 GEE:: 089501. 90711.1 IANIFORIAL REM -- MAI 17 002330 41.71.2 157,50 149,390..72
5/31/17 5/31.. 8,674M811 OHM 016 9567 90788 FM. 544 111'E/ EMIL, 004847 1747-9390 roll DI/ .34,700..00 1644,0160„72
AB, 1194,698,313 OF• 2,000„004:F/ 10M,6919„33
.56113356060 ITDVERIMMIAOM
BEGINNING HUILA,. 6' (4 E. 16,521.00
5/03/1.7 5/03 2,85527 (114.146 086061. 90168 CONNE(112.1410966.APRI ,419184( 000468 82.07 WED8 14 500,08 16,02114 00
5/1.5/17 5/15 8,86370 CREL 089287 90461. IN' 9 AROUND AD 000391 1.4232 1t1.111I8G 1,555.,00 113,576,00
AETRR68RRREF76 MAY ACIMMITY OB',' 9,0558.00 OPT, 0,00 3,055.(110
l'.4...1131.1. : .1...1...1.2-WELIIIE 8..„1"(INE1.13121 l'EFIV133., 414..133.2 PERI OD 4'(.) ELIE: M8.62-201:7 1131191.3 M33y--201.7
'IE.PI' : 6.1....1... 21:13613161.51FLE NIT.' 32:313,13-83515330 .R(331(1013.12,1: ""361.41..-35201.0 131E11.11 5.6.1.1.-.358910
R4358.5 D3IIIIE 01.RANI' ...N.' RE 129613.229,3111 31A(33331941:::::::7242-11)E11(22111155:130.1362:22:2:222 '613130 1.112341.113: '.3. 1641'213 ...........3.23.1,...MININE63.3222. .353:35343A2.A.NT1033:3.3.3.3
561.1--BB090 (37.9:41:4:..1.6.11'.1:134 URVE1....431431E1151:"
5258/1.7 :EW.113 1126528 CHIBA 089061. II:11.11:961:3 111:95,290381119. "1,12,11,1111) IS 8111,41 0084068 8240 WRDG 1,00.0,00 25,158,81.
5/06/1.2 :3,40.3 R855E9 CHEA 089062 901.56 FEIA811... .4.12813. SPONSOR 001078 226 WEDC 1E0,00 25,258,81.
52.1...82/1.7 5/18 A8431580 CHF: 5813397 90591 21E1.7 SHOW & 621.,18 SPENFOR 001501. B12846E16E' WADE 2,500,00 27,750,33.
61/51...66.1...7 5/18 A.86725 CS:47 080400 90541, (728N2ER 'EARNER-...M42"7212AW 500452 8265 EEDG 595,0411 28,353,61..
5/1.821.7 5/18 A56795 DEE': 000357 905II:19 '10EIE' OF' W51.,,DE--AuclaoN 000912 6277 MATAT SATTER 600„00. 29,153.61
IIII.418/11..1 5419 A.66837 OFFIE 0421357 90572 FBAREE. 22ERF.--CBI: 1. 000811 6272 MAST? WYDAEF 300,00 29,453,81
5/118417 5410 A.858,"EI" NEE: 5003:0 90572 PRAGER BREAK-W:31.6E 000912 6271 MANA1 WYGANT 300,00 29,753„81
DB:: II.".,,11111,05„.00 CRA 1'1„.I20 5,50.5,00
561E--561715 COMMUNICATIONS
B FCINNING BA. I... ANCE 6,104...44
I4/.1.21.411,1' I:641..1. A861.21 CIFT.E. 05921/5 III66,1971.11I 111"911211,1111.14191 111111,1111,I111111" 004568 2101.5719149 A225-9446 19'9.22.8 6,3(1.3,07
594941,111,1 1,544.45 A.EI 6379 14.111K: 11.181I111,291.. 80,451.. "1:01.111:41111"1.1 ,6592-919DEE: 001.."79"`",,I 822495'790(17 Al1R1.7 6,41.7.64
5361.1:311.7 541.3 A 8 5'"19,43 0116.2 000367 9(....0.6":.:9 '15941.36:111261332 1.11731 00091..2 82'7'7 .M249.1'7 IIII,191111101, 1..98,16 5,6(1.5.90
5/18/1.7 5/19 B86837 ryi..r,,: 0100357 20572 CHARGER. 000912 8277 MAY17 WYEABE 29606 5,635,69
156.1...1.6-551A.:01 11.312.13T.R.11,
IIII IIII 1.1, "II. ID' IIIIC II, 99 CIII, .113 11, L A. 411. II.1 III, 1.0,.36.7..42...
5/1.5/1 7 E./.:23 3326.311.6 C HEN 31011259 90446III (011111111:19 :121.24141.611, 003509 98580' 194,00 19,561-92
142.1/1..7 5429 A.81.1.7E GER:: 089505 90711 OFFICE REE111.! JUNF17 003231. 05191.7 OUNI.7 2,250,00 216811E42
IIIHA, 2,441,001 CF4',: 0,001 2,444-.00
5611--5621.0 11.1314VE11., & '''PRITIEING
5/1_1/11 6/1.7 ADB5B1. G3118,7, 5799322 00559 051611 MIREACE 000317 051517 MEIREOF 186..18 22,672.11
5/1.8/11 5/10 A86778 EIHCIE 000357 90058 DENG MEAN--GEFIBER. 00091.2 82'.741 MA117' GREINER.. 13,90 22,886,09
5411...9/1/7 .1:::641..B AE./.6',118 1211'411:: 0110"1.11 9151151.'55 IDED1 mF7,1),..r.., --- CRIIDINFIE.. 000912 8277 MAY1.7 CREJNDA. 14..26 22,900.35
5/18/17 5/18 A8F778 1687: 000357 00558 IEDC CAB --- GREINER. 00(2313..." 11,1"97 1411.14"1111 191IIIIIIICIDIER„ 24,20 22,921.1165
541_8411 5/18 ADB778 DRIB 5003:0 80516 10DC CAE --- GREINER. 00591.2. 8277 MATI7 GREINER 38,50 22,963.0"III
"::-.,/:1/..841..' 11 1.8 A867713 EIFIIII: 0(103.1.1197 I191011,1119 B. BRIIII / PI9.111,1C19 B1:1,11114.0118 0110191.2. I11 IET) .M.6.341.11 111111.1111111IE:IIII 24.91. 22,987,96
541.8411..7 54"1...D ABB188 MDT:. (]00357 90.5"::::,;,9 FADS, MIC5-42EFF4EFAGER 100091/,111 8277 MA21. SAT:1111!:!.:,B.. 38.00 23,025.96
,,E2418/14 511..0, 1481,1798 11111"II":1 I 1610.31,91 901919 18us MT,G......m(icE.JTRE 500918.'' 8277 BEIBI81.11 .::...z.,.,.TT.F.,F.,,. 19,55 23,045„.51..
5/18/11 5/1D A66198 227: 000357 90559 RUN MTG---FALCON' .3 000912 0271 MA:61.7 SAIIIIER. 37,50 23,082.57
.5418/17 .5/1B ABB798, 1.:.,..1....?'J:.:. 000357 2(1'3623 FIIKCI -- '19.1911:16131119.610) 0009"I..? 9,2' ',I 841191.."1 8.191:11:1"191:1111, 25.01J 23 C."1..0"7,111
IECIB411 541.8 B86198 OFT: 000357 98550 IBUSI MTC--HARDAWAY 590''..3.1......: B2'97 111A7.9.1.7' 2.2..."14.1:11113. 2.3..2'7 2.3,1...30.'84
6-611111.-3110.11.7 „I 111.1 81. ..811,11 1:::::: 111". 1:11 A. 11, 111, :1„., „1„. 1111 T „„1„. t.‘1,1 G P.PA.,11.111111,1:;„
111"118131,1 111--MYLIE .118&„:10N0181[A, DE811:::#..„ CASRS R1119113113 1„1„:#1 1,11,3.113: A a#-3201..7 11 Hi11111,1 '1..A.a.);,,---::!1,'CI 11.."1
DEIE,T 6:1....1.. D.11:1NEL.,OPMENT C8182-WEDS:. ACCC881,111S. 5811-352010 131.1111.1111.11 .5611.1.3-589133
.5618/1.7 5/18 A.66798 DFT:: 000357 90559 PROT„ 114R-3BRORAW 00031..2 62317 tvi..,,,...'..1...1..1 s.ATTEJ.....?„ 35,58 23,166,42
1:7,6'18617 #618 R86798 SIFT:: 000357 11M559 BUS MTG.--HER:6,1111:::1 000912 8273 MRY11.7 SATTER 15..1.6 23,181-58
5/1861.7 5613 ..P., 15796 DDT:: 00031s4 901:##81 BUS M.11.111.3.„-- EI243:1#18.1181R 000912 8277 MAIJA SANTES, 8„.34 23,189„92
5118/17 1::::,/„1...6 886196 AFT: 000357 90559 PA013 REASUI.,,,LER, SA.18 000912 8277 MAY17 SATTE113. 47..59 23,237,51..
56186:1...7 5/19 A.86837 DEIR MY11.357 90572 &CRS--AL.8.3-DANSINS ',"..)(1 C.I 9,1„1,11 82'111'7 1#1.1116:81..7 .14Y(3A.II4T 61.8„4 CI 23,EJ.E5'.5,91
5611--56250 1141:1.1ES & SUBSOSES1:18:11PONS
5/1.8#1.7 5/1...8 P.149 6 77 8 D.11111:1A .0 0 0 3 54? 9 4:4'.:.i 1..5/5 :NEE C440 SC4E"....LI-II.415.14)0Giq;'S 343 0 0(3 9.1.42 82'7.7 ll'.4.10(1,7 44.R.EIINEE4 108,24 9,895,05
561.8617 561.8 A.86.798 D'.11,1.T 000357 90.559 #1,111B coRP f#' ...181 000912 8271 MA:317 SATTER. 659,51 1.0554„56
1.7..a. 767,75 CR.:: 0.00 767,75
561.1.6--56310 INSURANCE
BEGINN :11„ N' G BA. I, A. NC 13, 3,201_10
#611-316#10 AUDIT & LEGAL SERYTCD8
B „1111, A I &11 N I N 11,11 13 A I., 11, N (111 El „1„93579,5,0
11160111,11/1/1 11:11/11:11 A.$131811.6 C If k.1. 08 45)52 9(41.46 8 AT ITIf F.74.17,--SATT 1101..,..II.,..A.151.I ID 0 CIO 2.3 1 2 7 9 3-.-0 0"7 614 833..50 200411.1#00
1..4/03/17 b/83 A88818 CBE3 089052 90168 ATTY FE83--DAL W.1:18.1, 000023 10 2793--0072 WEDC 77,99 20,490,99
186911191.1#2 90168 ATTY FEE-.-CFA. 000023 15 293-0071.81. NEDIS 920,00 28,418,91
1.:RA13/17 5/03 A.85521 CAE::: 089052' 90168 ATTY •EFJ.,:::,-LOPEZ (. 1:011..„ 000023 1.6 2793--0018M. WEDC 1A0,00 21,550.99
.....4,403.,11.5; 540....3 A81.111522 C.EIK;', 0.84I(..14)I2 90.1.68 A.144..."Y ..1.,..r.E.:444.--Mc.:!..NIT.I.,111.,AIN: 000023 2 27493-00175M. WRAC 120,00 21,610„88
561861.7 #618 A6.6120 1130E3 089110.8 90546 ATT-FI..REBTAD 000023 1 2793--0077M KEZA 1,567,00 23,237.99
5/18/17 5/16 A86721 CHR# 088408 90546 10.198113..AUTO RAJA LEAAR, 000023 11. 2793--0072M WEDC 2.00,00 23,437.99
5/1861.7 511.8 586#218 CAR:: 15940'a 90546 ATTY FBAS-CFA 000023 16 2593--0071M WEDO 460..00 2.3.569799
.541841.7 5619, A86728 CHAS 889408 90546 ATTY-MCMITAN 000023 3 2593--0075M WEDC 372-50 ';,'4,20,449
DB:: 4,690..99 C83 0...00 4,690,99
• • 4• • • •• • • ••
5611---56540 EJ41.4.J:NEERING/ARCHI5E,C5T1PAL
5.6.1.13611.7 5403 ..,4,8.4523. (111:11141„ 0890134 90168 ENE. SVC--ANY 78 (18131„11.96 .1.4).16E' 141ELIC". 1,480,60 24,343,90
:',...3/03,41.47 540.3 A.3.'..3524. CH:8:: 0811:101:4 901.1418 81NS„.1 1#11.7(11--FM 1044 1411.4 000196. 1.703t.Ji. WEEK: 6,662..50 #880015„40
8603#1.1 ##03 A85525 CHE9 089054 90168 ENG S83:-DNTN ALLEY. 000196 1.4719A WEDC 3,280,37 .3,44,286,"77
3 4-15-92 01.7 1.51.27 71 71 AM. D E 121 .9. I 111., 112 121 S 1E' 11 131 G 1117.13,77391::: 1:6
.1114.11111713 ;, 11.11.514-77125111617411117 EI,202.169.711114171 117111775.1111191., 910.1111715 6.9,k"017, 270 111112 M3.11,0-2 91.77 11111117E1111 ,..16537,,,-2(1111
13111.11117117 7 1,11141. DEVEI..C11111124E110111 11110211.12-117911135 921177.911,11,191111111159 5 011.1.4-52 010 1.1219.111110.111 6 61151 4-.0 8 91.0
P4110"17 1111113,774111111 4111111.10.112 4 1E7E,11111145.0111,11,9151111 11172771,111.1211,11111211955".'''''."""7"""7"""7117E111119.11611111117121110119535559377:7'....7 7.7111111111119 115.2976,111111 4: N 0111E ...........757595577.17.111.191111921711111111757....659 57:757575313,714.30.11,9171111.657........775........7.
511 9 3 1..7 11.77 5 9 31. 13.8 7 3 7.2 (.7„.[-i....K. GB9563 B 0 1795 1111111117.47. 11111VC-.39 4 4 75.111.17 9 DIRK" 1119111127 9 0131.SF 17 0 SC 1,7 2 5.. 7 0 .3 6,51.11..7 7
i3 E 11,111 12 '111 91 11 517 5.2 13 St 111. 71. IN C E 9.'5 7,4 2
11111 5 91.77 .5 111.15 16,9 0 1117 9 9 61311.974 13 5 92 13 4 9(11 4 6 3 ..111.111111111111.,--11111.1...M1,..1 "(97111121(.1 11170 13 31152 141.7 1.5 9 51.8 5 112.1157,1117--.3111.517 1..01.3.3 7,,011138,17 5
.5/21,21111/3.7 5/115 .38 15 31190 117.113,1115.,. 0 5 92 8 9 3 0,113,11 0 1111111111.I.,--114.9111ER wat.....),.....: o(3:3..)(.]:2 1.22--1117 5 9--AI M.:75BI 77 2 5..817 I,0 84.138,
17 1.1.15261.711 5 91.5 1'3.8 513 9'1 11111E54 0 5 9 2 8 41. 3 71/4 6 6 1.2111777211.6-013.5.3 1,9162C 6,16131102 .3 0 2 32 817 0 615 115.10,51 1147 1.33.0 5 5.,19 07„1E51,17
666: 1.40,2,1 C1173 1A7A.21.
901.K-971170 DEBT SERVICE
BEGINNING SA,. 11. 9NC. E 0,00
• ••• ••• •„ • • • • •
9611.4-97410 SEINC911111PAI.. PAYMENT
BEGINNING M .ALANC E, S28,5110,53
5657.417 991.7 .996635 B6.k Dft. 090424.7 15818 E215.1947 R&M AM11111 420 .2E9' 77 771.6,4 4 7 "17.94 5.7 3. 158 f.116 9 MR 232
1,11111.0 2 1.7 51.91.7 11.59641... 12.9.12 1)216 1,921.1621 1.91132.1. .13172 111 55,111 11612,174152117.13.51617101 2666112122 616141 662641:',a!'1
5/11.1111,91.l 0./1.2 05961,2 126012 6:216 62.1.461..1 ..1.46662,I3 6616201655 166 16,16116".9 2MT 16.33 5,1011 5' 0 2 6 4 3 5 1 545.119 4(1.3,"2.137
94 22/11.7 B 10 9 13 0 47 81177 11666. 16,111,.. (101.j221.7 6.6.01389 .77E2 1555 9 SI.11419.9.1131150 519212 'N"SS 1.11Edf' 02 6356 19,1:51,. .71,6 419,47.3
5/2 2 2 1.7 6.1135 113111.0 9 1..9 F9315. D:111111. 17.15 2 2 1..7 2553 9'5 41E2 0 59 3 1119.16,2,1k16.0 E02.012,211622 640 71014 62 t11,1,151458 2 '31..4„,a8 4142,,687„.3
5 77 2.3 79.1.17 El 0 5 111,15 15 9205 B6.15 ail, (2'5231.7 1.5 5.6 0 611E12 9 55 0 E.Dr:::;:i,.,., "?.D.,..r:17 :pp:2.1.. 411111.149 717 2117117135 76 1.11.,5122„.612 4 2
111 4 2 6/11.77 5/0 17 .13,19113 8 2 17 .191.31k. 114112:. 2520117 645992 6TE,2 111E1 0,2 11:114,71,117.12111111,S ARA:1911131117751 .11111.117911.59 159 7.1/E it 9.26592 '6,,8212„62 4:,14,199„29
1111.114 9..11,1114111.
5 61.4.-50 7 4.155 71111171791511711111011 5.1921111177118.51
411566,35 69.12 6:112, 1616226,6' 65548 9.12 6 4 4,111 K11119 111111111116' .F7 2 0 ,IE,46 91264 44 8()4.15117' IA.5,538,,44
5171.322.1.7 .5/171 11.91;,14,13111,491 111,9113 5,919. 05 570 6 9 1.5821, .7111112 6 4 15 13 P11111.11141511171764.999111.115 11974.3 6 72 9 .11171# 9,2 6453 2,,(',12 9„39 13,771,,5 619„2117
0 9155/11.7 5,I111..7 85,156 13 4 11, 11111.5.9 111,126 (751.5 2.13 1.115 12 5 57E12 6 4 9.5 MK .121111749 17M117 'it 3.3 .711111.19. 1.172.114 4 5.5 1..,322.1511i, 175.990.7311,
15 9 2 2 91.7 510 5 .B 3/3111.1.7 .995:: DE11:::. 05221,2 1.5999 3E12 6 559 5 .111511.61.111.111.01191.90 25972 43,3 11.11,14.1" 02651511 6.15,,,49 "1.39,591'7.25
5922661.2 6,2(25 636.0,6226 10,29:: 1112,12. 10 17,2'1.5,7 I 9 115 k 13 9 1,191,251951 51111.0...111,5 911.1311111,111.390(72, 1527249 7111.1 9' 0.25557 ,696,V,11.1.111,1 111.211'13 1.73,32
129 2 2/157 75 I 0 5 .3.6 6.811 111t 11,313 IF 070712 47,SI;2 2 2. 159.99 41572 0175115 61.9.112,115.571117 5.77,0141119111104 *13 .1111111141: 0 771 7119,5 0.,.M1 11',.,095297 1111110,011,11,f.::,",1.1 9
5/23/11 6909 4406826 BAB, 11066, 052312. 15890 4E26559 EDGE PMT #11 .1111E l!'' 19,966 5 9 5,,?,......,,,,i,.„94 1 312 0,1'6 9110..93
.115(.,8:23 12235, 5 f te 0525321 15992 23111.2231112132 .1313915111,1111/219.09.11.2113. 111117191111107541 221151 02 6341.2 ,2..5 4.9 11111 1.32,7:35.02
.10166 180.0161.,61 91119 0,01) 118•4661„.61
�-za-zoo �0,14� xm oFr 11 , mzz * a paooT 6
ux-wxoz EC(ImnmM� ("'09e coazom TO uoo; mmv-cuo THRu yav-2017
ooec *z� uovmLe)maamr noee-msoc accuumro: sa��-��n�m xum� ye�z-ym��u
PoST '(,"nxm o PMmsT- nr/mm zm*/u r� o moro ~~—~munomM~~~~ ~~~~m* wCo~~~~
ss�z-n��z�o oxm oaaz oxpomsc
a o s x m K G m ^ 1, x w c c o�no
---------- --------^----`----------------`---------------------------`-----------------------------------------
ee�z 10 xJUo-nunommm eRzcs
m o a , n m , �,7 o o m /. * w o s u,*mn,y7a.31')
----------------____________________________________________
561�-sw�rm ��ouam*srr e�o
a o u z w w z w m m x t, x m c o u.um
________________________________________________________________________
*s 1-5* ao LAmm-a��o��r�s
a o e z m w u s Ti x m c a o.no
________________________________________________________________
sa1z-smc m cTmon«m s xcooYS
m o s z m m z m o a a z a m c c
s/ou/z 51�2 Aesyso cnm; 089*34 *ueuo HWo 'm cErsu-omaM ooammo uNrwM maoc 201.219.00 s,o 3.u8
MY acrzvz,Y om, zmnzmom M Vol 21/'21a.00
-----------------______________-___-_________________--____-_______-__-____
am -.5 till m anmxrxRr uemmn
m k" m z e m z m G a A, w c o IL on
--------------------------____________________________________________
�ez-nna�m ��pmrow nuam/so�cmxaa
a o m z N m r w s a A m s om
s/os/" s/oz wmsss� ,-xu� 08eo56 90168 wsruOam pzcm oavm mo:ooa 1"6e msmu z'sea,31
~~~~~~~~� MAY xcrzvzzY om ». *a.o�
------------------------- ________________________________________________________
ym1x-emazm mmmzroms L Mrroeom
a o o w m z m o m a u m w c a o.nu
------------------ ___________-_______________-----------__-_--________-_______-____-___
se�x-sam�o anx�azmmm
R s w m a a L P. m c a 0,00
,
Cr-.16--.G01.7 10,:41. AM D E T A. I L L 1. S T I. N G PAGE 7
FUTGD '.'. 1.11mMYLIE ECONOMIC. DEMEL CORP i?}.F,Rior..) a..'D 1....J.s}::::;., May--20,27 12.1211.1 May--201..7
DEG.:1T '.'. 61..1 DEVE.E.SOPMENT CORP---11E2.X1 1121,212.M2NIS:: 5611.---52010 TH.11,0 562.1.---58910
POST' N'NSTE., TRAN # .REFERENCE IM.A.C.21AGG-----=DESCRIPTTON-sms-mm, 1/2111,1H1 IICT/JE # NoTE ,,,,,,,-,2,2,,,,,,,AmouNT,,,,,,2-22 ,,,,,,2=2,,,,,a2uANGE,,,,,,,-,,,,,,,,.....,
,.......,,,'.......*.......*.......lt-.......,,,.......*.......*......'At„....1,,.........*.......*__A,........ ono ERBORS IN THIS REPORT!!
*# REPORT' TOTALS ** ................. DEBITs .................... --------- CRIMITS
BEGIUNING BAIANCES 4,049,722,68 0.00
REPORTED ACTIVGJY.S. 460,780,54 2,000.00CR.
ENDING 1.11111,ANCES 4,111.0,503.42 2,000.00CP.
TOTAL FUND. ENDING BALANCTI 4,508,503,42
Wylie Economic Development Corporation
Balance Sheet Sub Ledger
May 31, 2017
Notes Payable
Date of Rate of Principal
Purchase Payment Beginning Bal, Principal Interest Interest Balance
May 1, 2017 5,558,088.49
ANBTX-88130968 HUGHES/RANDACK(#54 of 60) 10/23/12 10,107.00 70,584.65 9,872.02 234.98 3.99 60,712.63
ANBTX-88130976 WOODBRIDGE PKWY (#33 of 60) 8/15/14 13,267.93 608,518.17 11,945.38 1,322.55 2.61 596,572.79
ANBTX-88148481 BUCHANAN(#33 of 60) 8/13/14 7,331.95 196,229.54 6,715.46 616.49 3.77 189,514.08
ANBTX-88149711 PEDDICORD/WHITE(#29 OF 120 12/12/14 7,382.45 579,826.94 5,353.06 2,029.39 4.20 574,473.88
ANBTX-88158043 K&M/HOBART(#20 of 48) 9/2/15 8,745.25 241,357.25 7,940.73 804.52 4.00 233,416.52
ANBTX-88157334 LINDUFF/EDGE(#11 of 15) 10/21/15 17,059.81 1,569,553.30 11,827.87 5,231.94 4.00 1,557,725.43
ANBTX-88158357 DALLAS WHIRLPOOL(#6 of 60) 11/22/16 6,666.67 2,000,000.00 0.00 6,667.67 4.00 2,000,000.00
JARRARD GRAYS AUTO(#5 OF 120) 12/1/16 3,109.15 292,018.64 2,014.08 1,095,07 4.50 290,004.56
May 31, 2017 $55,668.60 $18,002.61 5,502,419.89
Wylie Economic Development Corporation
Inventory Subledger
May 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 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 1710-711 Cooper 1 $400} 11/29/16 12/22/16 1/25/17 2/27/17 3/22/171 4/27/17 5/25/171
Wheels Unlimited 15th 605 Comm-Ste 201 $1,400 12/22/16 1/19/17 2/14/17 3/13/17 4/17/17 5/19/17 6!7/17
Trimark Catastrophe 15th 605 Comm-Ste 204 $1,000 12/7/16 2/1/17 2/23/17 3/1/17 4/10/17 5/3/17 6/5/17
Dennis Richmond 1st Steel Rd $500 12/14/16 1/10/17 2/20/17 3/6/17 4/13/17 5/3/17 6/8/17
half &1 Half `��
Austin/Said LLC 1st 605 Commerce $2,000 12/27/16 1 2/13/17 3/17/17 t, 4/13/17 5/12/17 6/16/17
Austin/Said LLC 1st 106 N. Birmingham $1,000 12/27/16 2/13/17 3/17/17 4/13/17 5/12/17 5/12/17 6/16/17
DCU 1st 900 Kirby $3,400 1/10/17 1/6/17 1/27/17 2/23/17 3/24/17 4/28/17 5/26/17
Auto Hail 1st 908 Kirby $3,000 12/9/16 n/c n/c n/c n/c 5/8/17 6/1/17
Delta-E 1st 201 Industrial Ct $800 1/6/17 1/25/171 2/23/17 3/23/17 4/24/17 5/22/171
(*)Austin/Said LLC-March 2017 payment for 605 Commerce waived due to environmental remediation,removal of slab section,and roll-off dumpsters impeding access.
WEDC EXECUTIVE DIRECTOR
J P MorganChase
Expense Report
April 2017
!DATE PAYEE AMOUNT BUSINESS PURPOSE INDIVIDUAL/GROUPS PRESENT
05/02/17 Cytracom 188.26 Telephone Service N/A
04/05/17 Cheddars 38.00 Business Meeting Satterwhite, Cooper Yeager
04/07/17 Woodbridge 19.55 Business Meeting Satterwhite,McClure
04/13/17 Club Corp 659.51 Dues !Dues
03/14/17 Club Corp 37.06 Business Meeting Satterwhite, Falcon
04/18/17 Chiloso 23.27 Business Meetin• Satterwhite, Hardaway
04/24/17 Wylie Christian Care 800.00 Taste of Home Auction Sponsor N/A
04/25/17 Liberty Burger 35.58 Project Update Satterwhite, Brokaw
04/26/17 Chiloso 15.16 Business Meeting Satterwhite, Herzo.
04/27/17 Starbucks 8.34 Business Meeting Satterwhite, Helmtger
05/02/17 La Bahia 47.59 Project Update Satterwhtte, Fuller
TOTAL 1,872.32
I i
WEDC Assistant Director
JPMorgan Chase
Expense Report
April 2017
DATE VENDOR I PURPOSE AMOUNT
4/11/17 Microsoft Windows 10 Renewal 108.24
4/11/17 Spam Bully License Renewal 89.85
4/19/17 Marlow's IEDC Meal -Greiner 13.98
4/20/17 BarrelHouse IEDC Meal-Greiner 14.26
4/20/17 A&M Transportation IEDC Taxi -Greiner 38.50
4/21/17 Atlanta Airport Transport IEDC Taxi -Greiner 24.20
5/1/17 Italian Villa BRE 24.91
Total 313.94
WEDC Senior Assistant
JPMorgan Chase
Expense Report
April 2017
DATE I VENDOR PURPOSE AMOUNT
4/5/17 Collin Prayer Breakfast Table Sponsor 600.00
4/18/17 Kroger WEDC Board Meeting Meal 16.95
4/19/17 1Collin County Clerk Plat Filing 41.00
4/19/17 Collin County Prop. Tax Certified Tax Receipt 41.00
4/19/17 McDonalds WEDC Board Meeting Meal 10.53
4/20/17 Home Depot Lock& Chain - FM 544 22.50
4/26/17 American Airlines ICSC-Air- Dawkins 618.40
4/26/17 American Airlines ICSC-Air-Greiner 528.40
4/28/17 Kroger Charger 29.99
4/29/17 USPS Stamps 9.80
Total 1,918.57
WYLIE ECONOMIC DEVELOPMENT CORPORATION
SALES TAX REVENUE
FOR THE MONTH OF MAY 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 211,645 238,646 244,816 6,170 2.59%
JUNE 161,426 180,194 191,732 11,538 6.40%
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 $1,467,893 $137,003 10.29%
AUDIT ADJ
TOTAL $2,191,785 $2,481,757 $1,467,893 $137,003 10.29%
WEDC SALES TAX ANALYSIS
$300,000
$250,000
$200,000 -- - _ -
::::::
, - -
02015 R017
I -
$50,000 LL
.
m c
aa) a 2 3 w i aa)
p ' LL ¢ a, Z
Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Sam Satterwhite, Executive Director
SUBJECT: Brokerage Representation
DATE: June 16, 2017
Issue
Consider and act upon issues surrounding the WEDC entering into a Listing Agreement for
brokerage services.
Analysis
As mentioned during the previous Board Meeting, staff has been interviewing commercial
brokerage firms to represent WEDC properties on State Highway 78 and F.M. 544. During each
interview staff presented the current land use expectations, targeted end users, redevelopment
history of each property, and WEDC expectations surrounding any future sales.
Staff met with representatives from CBRE, Edge Realty Partners, Falcon Realty Advisors, Henry
S. Miller, and The Retail Connection. Staff also plans on meeting with Davidson Bogle Real
Estate on Tuesday, June 20th. The WEDC would benefit from each firm's marketing approach
and client affiliation almost equally with only two issues separating their qualifications: direct
market knowledge (local & regional) and familiarity with the WEDC/Wylie community.
At this time, the two firms separating themselves were The Retail Connection and Edge Realty
Partners. The Retail Connection has represented lease space within Shafer Plaza and strip
development at Brown & Country Club, with pad development in Murphy. Edge represented pad
sites in Murphy and Clark Street holdings in Wylie along with an end user in Wylie currently
making an offer on a pad site. Edge also represents Brenda Byboth on F.M. 544. Staff has been
closely associated with representatives from each firm for the past 15 years and believes both to
be more than capable.
Attached for the Board's review is a general representation of marketing materials provided by
both firms along with individual brokerage agreements.
Recommendation
Staff would like to reserve its recommendation for the Board Meeting.
LISTING PRESENTATION
JUNE 2017
HIGHWAY 78 & FM 544 PADS
WYLIE TEXAS
PRESENTED TO:
WYLIE ECONOMIC
DEVELOPMENT
PRESENTED BY:
SHELLEY TAYLOR
SVP I BROKERAGE
1111 THE retail CONNECTION STEVE ZIMMERMAN
MANAGING DIRECTOR I BROKERAGE
•
iii • C g0•
» 11. 'r -'}! "'r`.•
1kw
n • I
ii ' L .. . (.. „ .: t I
} EE
r
rl.. '7• i .�h, ,. (J: \
i
N-.
'dam '' yl, r >~s. d
,
' � r jj anyf,aoflugS.'— .
i I. T E.
il
,-,.,.r]. r - toe_ .._ ca.,. ... ..
�� rs`.',......,'4 ' "1 --- . . .j[Til I ' . : ,.,...___ .
411 fK r ' !1 - r t ✓`• '��-r 1 r� `1 0
Tai'
•
I. !* Lit 1 ICI ♦•j `'r t r 1 •:j. - ,
'
11
•„, , r .• 11
•• LI . :_
4Ir4 ' .,4c\,.\,,,,,,,,,..\,,,,.!".....,., ,. , :I. il:. t 4.... . .`..` wit.A.1 . ,i
�rl QiF 4 I pry„ GO• Y. �.� 1
{ "1 !r r -s Miles Rd .
kali
•
.4 b..• } .?�. �' • 11 =' I [.{ k�asyr - ~ .. -/ �..t--ter rn• .1II t 'S�- ! u3'� rh
Il S , '� I
rrnrrqt
I ng 3I L' s rlrlrr»rr wa�Q. 4
a� p.,
Q L / fl
�._ -. '.�I ik t Ure0,11--.113d -
A_11 g;ilrt Nf } i y�
• '_, `• - phi` /
op r z
4A 4�1� i�' ,-'. ;s- L. -, a - - -.),'''''A. ' 'rl Vi '
0
A 1.1! ." '‘'. l'=i • L, A •
r I at* ,,
a 4 , ,5 Niutryhy,y_ ''s �y• ' .-r• �`�' •`' � " [ `fe
g,LydinW I4-11A'0 "I�I S —t --- .,i -Bs ��'�_— . "a ! Gi
I 60
� 1 -� -_ �ae Fr / 4kM •I _ 3�i� '
•
u ; _ ab 0
ti
l'4 kl
7+ � :. ,1�718l�1 ���`' 1, 3•s, E 1
' / E 4 anv`pi rgoa,S
li
1:!.:,r:';117:Ili. r '• -.•.my.10,.. W.., .4.,
\\ ;
E ,,.. ,
•
*7"4r�r r-r 4 4 Y.Z. 1
yyfE.
F
}Id , • R a \ fir' ' "'•
wr. . 34. t i�,,,.,,: fri. II. e - (h
St! ,,.ir .
' •., ,.\ . ovw• ..... , ..: !
',4... 4 li. -I: . - .--Tril . -:\ ,;,., */\ .
.Cad ,itk }a
a .f..,r- . i t
r
ININI
WIN
.----- ////
41
•
I' 'i ... " i I .P
err-••+ ,,
' ! � I y I t
Ais „.........f.: , : -k)
F, � s
i---1 .' \. .' : '— '
Yl --I . ..91!9'- -'''...''''''"7- ---[ •
1 k
^� \` - - 4
MIL
(// ' 4 .
•
Tr T44
,, .,.:. kfc,,,„Var..U.• '.
-ri1� i
4
„.
.,. .,,.. , ,$,,..,...„
,r..,7..:
1
. ..s, i,,, ...,...; _.;:t„,,,..,,...
. \ ...
li. 41„, .1 : ,
,..,
. 1
. ,.,..,,,,:...,ii....-, ,t.*,41
4
,.., \ ,
• ,,. ..,..
1. ,
P cif 4\ +• .. i
—
Z
.\\*1' \14:414c 04 ,riy.
` 41. ,y am ;,/•.•, \
•4 tl r ` 1 .h' 4 ', h� .. rti,.r ..♦ Lir 1
f �. +' f_k tii . S§ f
•
*'•i' _ r
•
•
if ill"
mole tit "./. ::.,,. .. •
1.1
{ 1• d i
n 1
sue..- t � _ {� k c- f` ••,
•
•
lift° iv
. ry,a. .
� ..
•
' IF.„.w._y..
I3 I
_ r YLLLilaill�
_ �f�E7fYlf17f}fT
•
r. T t W 1i11 �i] r •"rr. S:C i�Jh!ar!L,t OB7le4fRrRTl E. yr�1 r
— - ,' ;--,--, -- . - ': - I 01...,1/4.2,7 , L
- t ,:,....."
T.., • .
4i,�d411J1i11 _ _. ;ti
THE(retail CONNECTION
June 13, 2017
Sam Satterwhite
Executive Director
Wylie Economic Development Corporation
250 S. Highway 78
Wylie, Texas 75098
RE: Exclusive Listing Agreement for the Pad Sites located at the NWQ of
Highway 78 and FM 544 in Wylie, TX(the "Property")as attached as Exhibit 11
Dear Sam:
The Retail Connection, L.P. ("Broker") hereby proposes to , ("Owner") an
exclusive agreement (the "Agreement") for the above referenced Property. The Agreement
would be based upon the following terms and conditions:
1. The activity shall apply to all areas of land on the Property.
2. Broker will render the following services:
A. Broker will use its best efforts to lease or sell the land by all acceptable
standards including direct solicitation, mail campaign, internet-based
marketing, and newspaper advertising. Broker will receive and process all
inquiries received by any and all sources.
B. All leasing / sales activities undertaken by Broker will be supervised by
Steve Zimmerman and Shelley Taylor or such officers of The Retail
Connection, LP as are acceptable to Lessor. All salespersons assigned to
this project will be subject to the approval of Owner.
C. Broker will consult and assist Owner in the coordination and implementation
of a public relations and advertising program for marketing the Property.
D. Broker will, subject to approval of Owner, place on the Property appropriate
"For Information" signs.
3. Broker's fees for performing its obligation under the Agreement are set forth in
Exhibit I. Broker will not be entitled to any other remuneration for performing such
obligations unless agreed to by Owner in writing.
4. Broker shall promptly submit all offers to Owner for acceptance or rejection.
Owner shall direct all inquiries about the Property to Broker and Broker shall be
compensated according to Exhibit I for all leases or sales that occur on the
Property.
5. All advertising and public relations material to be distributed or published by Broker
shall be subject to the prior approval of Owner.
EXHIBIT I
SCHEDULE OF COMMISSION FEES
1. Direct Ground Leases (No Co-Broker Involved): The commission to Broker will be four percent
(4%) of the total lease consideration.
2. Co-Brokerage Ground Leases: Should a broker outside of The Retail Connection (the "Co-
Broker") procure a tenant, the commission will be six percent (6%) of the total lease consideration
to be shared pursuant to a separate agreement between Broker and Co-Broker. For the purposes
of this agreement, a broker from The Retail Connection shall be considered and compensated as
a Co-Broker.
3. Payment of Ground Lease Commissions: Commissions shall be due and payable fifty percent
(50%) upon full execution of a lease by Owner and the Tenant and following the fulfillment of any
contingencies listed therein and fifty percent(50%) upon occupancy of Tenant.
5. Sales or Transactions: In the event of a sale without an outside broker, a commission of six
percent (6%) shall be paid to Broker in full at closing. Should a broker outside of The Retail
Connection, LP procure a buyer, a commission equal to six percent (6%)of the total consideration
shall be paid to Broker in full at closing and shared pursuant to a separate agreement between
Broker and outside broker. For the purposes of this agreement, a broker from The Retail
Connection shall be considered and compensated as an outside broker.
The undersigned owner hereby acknowledges receipt of a copy of this Schedule and further agrees that it
shall be binding upon the heirs, successors and assigns of the undersigned.
ACKNOWLEDGED AND AGREED TO THIS DAY OF , 201.7..
OWNER: BROKER: THE RETAIL CONNECTION, L.P.
By: By: Steve Zimmerman
Steve Zimmerman
Its: Its: Managing Director I Brokerage
- . a � �� :\ `\\ \ =_ � = - - s - "_ -_ = - - _ -, �\\
:may — _ _=-=_ -
9444,
-.- #.it-4 i_____=-_!----_,.: _i ..7_i ii, ,717,..4,:,s---7,-___„__,=__-= ____ „4._ _ -„._._,_ 7.- -,.,,, ,, -„\_...,__ -„-.____ .-._!wei, ,, ,„,:__ __.,„ 2
_ _
- _ = g —= =- _ :;-\:_,-il
\ ems
_xxx
NEC & SEC SUMMER CREEK DRIVE & MCPHERSON BOULEVARD
FORT WORTH, TEXAS
,-T= 5950Berkshire rye. _ .. .
Suite Senior Vice President Vice President
x —N }_ O 1I ,Texas 7622 dcopeland@edge-re.com bwaxler@edge re.com
214.545.6904 214.545.6914
214,545.69'00
.
PROPERTY INFORMATION
tom, 1-2 LOCATION
" NEC & SEC SUMMER CREEK DR
& MCPHERSON BLVD
�, — 1 FORT WORTH, TEXAS 76123
"we-./i lgh;cRw: r
{fir Z "�— SIZE
rJN.4r10f IARe - � -
I'F1. --
t• a ,. .n..si_I 14r Iv:ra.e• - 'y Pad Slt£s -.... 7.11 AC
. Available
AVAILABLE SPACE
ISu4N t ee -.
�xP� [n Sa�ruiY`mw, t •,. Lot 1 Lot 6
"' hDo SOLD PENDING
.. ,-+ ► y .-- r a , ,2.+u,atud.nt, Lot 2 Lot 7
•
'. 'DTP » ; ; 0 _ ._,. .t 0.90 AC 1.11 AC
,, , -- "?--- 2 _ NEnth Gr.Q.Caner.
�.1.i�_
r I 4?r , �I t. d i:IS:'s+i1 ti I i s srw.r n Lot 3 Lot 8
K 4 kr . � r. tY,zit - —
_-� -i r dirt- .'iltti 1.04 AC 1.08 AC
_ 7. r... T'L 'e.r - OH Horton Lot 5
japellEati •
T /9.-lul u'"41 ; PENDING
Avea '.:r • -Y PRICE
Rock Ranch Creek 6O8Lofi PLEASE CALL FOR PRICING
3.576 Lots
PROPERTY INFORMATION
2016 DEMOGRAPHIC SNAPSHOT
TOTAL MEDIAN HH HH INCOMES % BACHELOR'S 600-acre master planned community located in
POPULATION" INCOME $50,000 + DEGREE +
Southwest Fort Worth
2 MILE 19,232 $93,512 77.4% 41.1%
Pads adjacent to planned power center scheduled
3 MILE 45,654 $75,626 66.5% 34.2% to open Fall 2018
5 MILE 144,583 $66,271 59.9% 31.9% Close proximity to future Tarleton State University
campus,a Texas A&M University System,scheduled
'Total population calculated using Proportional Postal Hybrid In Postal Count Pro report,delivery statistics as of 12/2015
to open January 2019
EDGE REALTY PARTNERS Summer Creek Dr & McPherson Blvd / 2
AERIAL
- -
rlViEh rnr.LL tee. �9°'
.+ PHASE II•
/-1 CTR
Hn•.p.v,,"n,ctr,n _... - - - _ Future
1-'`-� _
Lt(7 en,Iol„�•.•., .- _ .. - — .. nW (.IIISIIl)I'I l❑All I11\t II rrsyip
wit,•
Power Center l a•,
" - Opening Spring 2019 E's st dam"
•a1 )---�� . 17u0rluti ice!'. _
` •!!e F y�• �Mii C/inlrr YUMti L a 1f
t _
Pad
I.;;cos t E mat!d Lall ..C - Sites
:r.,r.i.a7olan 1 `��-�i,ce,1(-S v f 4 --1, - Available
yy a3 LOU r- ,t. Chisholm Trail East ,.
I,i .• — '- --_ -
i Si 1 t
_I r National Grocer Li.
..s Ls,h 1E in scnnaiKh 209 Single-Family Lots
2,442 Stu6cnts
,r+a 'F -.' . 1.,._ _ • Summer 2017 Close --- - ar orirz Lrou,Icr.
.i.ws.,p ._ ,,, v 475 Stildent5
Chisholm Trail West t,nGstots, • y `�--,�
835 Single-Family Lots .- ry ! + DR Horton
Ii
r -
f
. iUiURi •
~ �c y
�^+r r ay ._ . -`a aref:,, mo"'.- +Allgai ,...
rr Chrshplm i
a ,•a Ri `> rrre `y� .11 • .5umtnar Creek :_'
_ig. Chisholm Trail West " �.. 779 Students S� rz " •
4 r� 1 , Multi-Family&Corporate Office Use !,tom,.yam- AVON
y Y • ; ..
7.
I.
�x�s I�-„ • `+:„l,.*t<�rli¢��- r am® .r y'`"`.` •�. __ ..,_,
:7
d/� ,,, r„ � 4�'`► , yam. ^�'{ ;�.
TARL ETON
rr fr��' f= ~fit STATE UNIVERSITY
._,
........_
��
_ a - - �.4 �,;,, �y+a"� January20190pan
- �w"6"1 Reek Creek Ranch 10,000 Future Student Enrollment oT""
ii+ v> ,pT 3,576 Lots
OP So
EDGE REALTY PARTNERS Summer Creek Dr & McPherson Blvd / 3
/' v
11 ././ \\I"' m
0
, Ar, , , -s s, .
t4II, tisi .4%k\ F
•
il :'-'1: ,,/ ., 1';''' 1
a fIr t f-t ` \ o
it r 1 .t t ! ` 4I
N
ie
4 ill '11 .- ' o 2
4 \
w
,0 "'` ) 1. , , ,,, ,ac E ' - 1
' = ter/ '
, . ...
1fl•i
�. .ice' i t N .ice .�-. `r - 5 io Fc ! pjJ .p
o Df yyr +
• \ . /... - ii.. ...t, -''
. ,
- .z. ...
1 _
co
i I .. - .,
I - w. N
Or vsh
...,
�\l'll ►� Y,J . .,. ... 1 .,,
="
i 1I cy ,W
l!' .
,-,-. gr:1° Idg- --.' :
x
p fr
11 r R4_1 ' ' w flu
•
� \: II0 _ _
0
ill, 11,. .i, ...•... s l i+'f V z 0 , -.,•.•.:•
- ?
.,.,6
11 .i1 , a LL Dr Aii\:
.11,,,,„.„„..: ,
.. ..A.',.',`,1''
ar
Tu
A . if. ) .
.,\ ,,, , • ii\i
. ...e„,......,,,, ..
4
cc
, 1:J1 to
' o i i hi 3,' w
...J1 /• % ...lkikr I ‘ I II . 1-
, ..". : ....',',...,....,,sos,,,t,',.. . \ ,..
at
} rk y t r w
,
P' ' ' ,. 1 w
} •,JI /
1 ';'‘. \ : '-‘%t,8
,l .L 3. l
\\\ p� 1� \, \.% Chisholm
,_
aCommunity
i.
PHASE II o
' L r1�e1t -�� � i
1 0
iiit
FUTURE ` .1
! ,, ` •
'
'LI
1 T TOLL rM I' I � ' �I' hi5hot'raH
2 LOT 3 \. . j 1, r •'mmu @rater
l t `% o.9oAC.1.o4ACit r # .b
nor- ° . - McPherson BIvd _ ,. McPherson 8hid 10
`ggiftW! .y �I ".�cr.L ici- 14 f7U;.AC l l4\ rf o' 2 IDS,,,,..„ LOT 7 LOTV I I T
LI
�e� �! kl I I° 1i 1 1 r +
4 Wan MOM ,
I, 1 l l I kti TQA[T;C vvlkVTfTACT ,Y
_ w ate .11 1 ,_ '"---*Z.,
,...-,--,7,51.---1 ..ni--1. I-44i girl IP'* __ _ _ rt - 9lYt3 T • !*E At I I .I i iiArrY
. I£ „ Cr II r {;
{fI #IE ! PROPOSED : F :, CHISHOLM TRAIL EASY
I 1rr1"""111 . RETAIL/RESTAURANTS „ "w 196 Lots
,OSS+� ' = . . - ,E y
vrcc raZ Li' --}}f#II'}II}}il�r� €� C _ F I - y n��L�lr .n ZtfliCr �.. TRAC f 1
r-.
fr.FAMOUS y� ti i �K7 } ! I :r C,tE kAh+lir
p *± `}� .�- � ^Mi l.illlkllrl I tali WI•I(r% - rl I F.E 4111k':rlAl
\ .
EDGE REALTY PARTNERS Summer Creek Dr & McPherson Rrvt9 I 5
SITE PLAN
g RISINGER ROAD — + L� ,,
LAILKER tar..x_ I
g 1.II IU I I arl'+rm.. I f r
NR
WOO SHUNS,
��• Cry _ � __ � ` I -
r \, }/�[^/� �q1-_u u mau _ � 217-
r II �Fl*RiaNwlw. ,. :,/ POlpf:blL ! .0 ! —I ,HA(:r,.ff �,, _.yT
ia.....t."i' ,..--::+
{' EMI r "1. r NORTH GROWLS)
9 _ • t, +"w+✓+N,u HICN SCHOOL
` '�I.- I '.lCO, -7.� ppMMMWIIIy �i
' i# �, I} PHASE II s :r 1 _
d 11
� ,'. et , ' , NATIONAL .•OCER' ' �8_ ,4 FUTURE -- 4;1 AC. `,i, �._
_ 4� -:- ,` SUM ME>:t2017 a } .;=1 LT3 SUMMER CREEK DR
_ I` it : JH\T�- +`_.. .. 1.04
,R ° ». ,s`} �� s — " !� & MCPHERSON BLVD
P III yryyl ��\� :,. o G', ""' CONTRACT lit, - �.�_ � a Nam+taomev
r I Ly s —14 arz.--- 1�#._ GTH GRADE CAMPUS ,
i i, r 5 =r
! r. - ift.
,1 (aa, y 10T8 _El y
I I Ir r f� i �k NTFiACT 1. _
tt
Oil r I. LINDkR Lo l _ „ e.Vo
wl / �' ,�! _ k ..�y .I r :CO 31 lM,.YM'4YL -f
Ia'` I� s'.c+s El I if I i. ,^ 1 i!I !4— TRM4'T , .
111 i ! it t
1 , 5,. .rr +}I #G` .rµY R 3 T.I� } / T i • ` t -.- d I E. - ....
I! TI j+a+t ''e_'� ,,, 11 i s H r '���iii:I T�f -
-F ' 1 _.
1
fiFMJI,{WAK MALT I SUMMER CREEK
` r 1 � _ - MIWLl:iCHODL -)'i _—_- t - ,
.
STEtWART.FELTZ ROAD 1 •,
�-
EDGE REALTY PARTNERS Summer Creek Dr & McPherson Blvd / 6
SITE PLAN
1 �+ NORTHEAST ACCESS DRIVE
— Construction of drive at sole expense of multi—family
_re,, \ _
1 � � r LOT 1
1 � LOT 2 LOT 3 — Retail owner responsible for maintenance
1 0.90 AC 1,04 � with 50% reimbursement From multi—family owner
•' LOl 3 NOTE: Purchase price is based on net useable acreage
but buyer will have ownership of additional land
located on the east side of the access drive
-----2/ 1 ,\\\,..„..___41****1
LOTS NOTE: Purchase price is based on net useable acreage
but buyer will have ownership of additional land
...I .,. �, located to the cost In the floodplain.
7 0 \\ _.---------
--.—` ` MapHERSON BLW
r _, 7(1::;------------ -- � � TA6i1[.4AaN5
/7 I''" . ..- � � I SIfE AREA
)11\
cpr � sr Ap1Fs
RAMA
�. u,sva� Laua
ILOT 5LOT6 - OT 7LOT 8 1-
I
I 1.08 AC
' IIOTA. 1 1]9-SI1S 29M I Vx Ir S, &SOOI ow,.
UNDER UNDER ' : ' pg=3
I' I I CONTRACT CONTRACT , B' "'°°'. '°'"
soya i :lama .r�ac
L. iI
' 1 ,7'
/1 1._ L--- — DIMENSIONS, LOT AREAS, AND DRIVFWAYS
NORTH ARE ALL APPROXIMATE
01 SiTE PLAN
PRELIMINARY SITE PLAN.SUBJECT TO CHANGE
CHISHOLM [RAIL RANCH
FORT WORTH, TEAS
CThrrT I run IAI\IrcT.,r,ITC
EDGE REALTY PARTNERS Summer Creek Dr & McPherson Blvd / 7
Approved by the Texas Real Estate Commission for Voluntary Use
Texas law requires at real estate licensees to give the following information about brokerage services to prospective buyers,tenants,sellers and landlords.
INFORMATION T BROKERAGE SERVICES
Before working with a real estate broker,you should know buyer representation agreement,A buyer's agent can assist in writing not to disclose unless authorized in writing.
that the duties of a broker depend an whom the broker the owner b.:t does not represent the owner and-Rust disclose the information or e;u red tc do so by The Texas
represe-nts,if you are a prospective seller or landlord(owner) place the interests of the buyer first The otcrner should:not Rea:Estate License Act'2.a court order or if the information
_ on
or a prospective buyer o-tenant(buyer),you should know tell a buyer's agent anything she owner would not want the materially.elates to the ocndRion of the property,
that the broker who lists the property for sale or;,rase-s:he buyer to know because a buyers agent must disclose to
With the parties':onset-a broker acting as an intermediary
owner's agent,try b. ker who acts as a subagent represents the buyeron known to the agent.
between the parties may appoint e person woo is licensed
owner in cooperation with the listing broker,A broke-who acts
F THE under The Texas Rea:Estate License ease Act and associated with
as a buy .-s agent represents the buyer'.broker may act as
broker may act as an intermediary et_F.en the parties:f the broker r to communicate with and COcarry out:hat moons
an intermediary between t.he pa ties if the parties consent in
the broke;complies with .he Texas Real Estate License Act, of one party and another person who is licensed under
vcriting,A broker can assist you_n locating a property,preparing
The broker must obtain the written consent of each.. party to thatAct and associated r ith e broker to communicate
contract .lease,O fin
ancing: a. without representing
tg v _
the t,ansaction to act as_ -:ter: ediary-Tine written consent with ano carry y our n_.uc:ions of the tithe. arty,
you.4 broker obligated by law to treat you honestly.
..test state who twin pay the broker ono,in conspicuous bold -
if you choose to have a broke_represent you,
,E BROKER REPRESENTS'are OWNER- or underlined print,bet forth
the br ker's obiigations as an
you should enter into a written agreement with the broker
The broker becomes the owner's agent by entering into an intermediary.The broker is required to treat each party honestly
that clearly establishes tine broker's obligations and your
agreement with the cunt',usually through a twitter) listing and fairly and to comply with The Texas Real Estate License
obligations,The agreement should state how and by whom
agreement,a:by agreeing to act as a subagent by accepting Act A broker=:°rho acts as an intermediary in a transaction_
the broker will be paid You have the right to choose the
an offer d sub
agency e :n ti i the listing brokesubagent A may ,•
1,shall treat all parties honestly; type of representation,if any,you wish toreceive:Your
work in a ditto ent real estate office 4 listing broker or subagent
:payment of a fee to a broker does not necessarily establish
can assist t:.e buyer but does not represent the buyer and (2)may not disclose that the owner brill accept
that the broker represents you,if you have any questions
'crust s,ac_:.._interests a`tg.e owner iirst, Guyer should a price less han the asking price unless
regarciing the duties and responsibilities of the broker,you
not tell the owner's agent anything the buyer would not want authorized ized writing to do so by the owner;
should resolve these questions before proceeding,
the owner to know because en o .- '_agent must disclose (3)may not disclose that the buyer brill pay a p ice
to the own any rmate'a.info.matoh known to the agent, g eater than the p _e submitted in a t:r,te.offer unless
authorized in writing to do so by the buyer;and
THE-'BROKEN REPRESENTS THE BUYER:
The broker becomes the buyer's agent by entering into an (A)may not disclose any confidential iniormation Cr any
agreement to represent tine b--4 ,usually through a written intormation that a paPy spesifi a-t-.:st _ts the broker
Real estate licensee asks that you acknowledge r ice pt of this inform ion about brokerage services for the licensee's reco es.
EDGE Realty Partners LLC 594592 info@edge-re.com 214.545.6900
BROKER FIRM NAME LICENSE NO. EMAIL PHONE
BUYER,SELLER,LANDLORD OR TENANT DATE
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texan Real Estate Commission( REC) if you awe a ques^ioh or bar a ,
regarding a real estate licensee,you should contact TREC at PO Box 121B8,= ut'nTexas 73711 2188 or 512-465-3960,
Last Updated on May 10,2017,
IIY
BROKER LISTING AND COMMISSION AGREEMENT
THIS BROKER LISTING AND COMMISSION AGREEMENT (this "Agreement") is
entered into as of March 22, 2017 (the "Effective Date"), by and between LEGACY CAPITAL,
L.P., a Texas limited partnership ("Owner"), and EDGE REALTY PARTNERS LLC, a Texas
limited liability company("Broker").
WHEREAS, Owner is the current owner of approximately 5 acres of real property
located in Fort Worth, Tarrant County, Texas described/depicted as Tracts 15, the SWC of
McPherson and Brewer on Exhibit A attached hereto (the "Property"; the Property does not
include other land owned by Owner); and
WHEREAS, Owner has agreed to appoint Broker as Owner's broker for the sale or
ground lease of all or portions of the Property and to pay Broker a commission(s) in connection
with the sale/ground lease of all or any portion of the Property, all as provided in this Agreement.
NOW THEREFORE, in consideration of the mutual provisions set forth herein and for
other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged,the parties hereto agree as follows:
1. Appointment. Owner hereby appoints Broker as Owner's exclusive real estate
broker for the sale of the Property during the Term(as defined in Paragraph 6 below), and Broker
hereby accepts such appointment. Broker represents and warrants to Owner that it is duly
licensed and qualified to act as a real estate broker in the State of Texas.
2. Broker's Duties; Scope of Services. Broker hereby agrees to do and take the
.....,.,,wm�
following actions and to provide the following services during the Term:
a. Make an earnest and continued effort to sell, or ground lease, the
Property and direct concentrated efforts in bringing about a sale(s) and/or ground lease(s)
of the Property, including, to the extent requested by Owner, providing assistance in
negotiating the terms of any such sale and purchase and sale agreements on terms and
conditions as determined acceptable by Owner;
b. Advertise and market the Property for sale as requested, directed or
approved by Owner;
c. Assist, cooperate and share information with other brokers representing
prospective purchasers in efforts to market and sell the Property, as requested, directed or
approved by Owner;
d. Encourage cooperating brokers in the sale of the Property by furnishing
information and assistance, and to cooperate with any and all brokers, agents, realtors,
finders or other intermediaries engaged or retained by a purchaser (or prospective
purchaser) or other party otherwise involved in connection with the sale of the Property
or any portion thereof;
e. Keep Owner informed as to the progress made toward finding purchasers
for the Property and of all marketing and public relations efforts associated therewith,
including, without limitation, providing Owner, on a monthly basis,with a tracking report
containing a complete and updated list of all prospective buyers and tenants/end-users;
f. Obtain Owner's prior written approval of all signage and sales and
marketing materials, and the manner and method of distribution of such materials and the
location, design and placement of such signage, all of which signage, materials,
marketing and distribution shall be at Broker's sole cost and expense (Broker agrees to
have three [3] signs placed on the Property, in specific locations and of such size/design
as approved by Owner, during the first calendar quarter of 2012 or by such earlier date as
Owner may request);
g. Maintain the confidentiality of any terms and provisions, and the
existence, of any negotiations with any prospective purchasers, any purchase and sale
agreements entered into, and any closings that may occur, except as expressly authorized
in writing by Owner (which confidentiality obligation of Broker shall survive the
expiration or any termination of this Agreement);
h. Maintain appropriate levels of liability insurance;
i. Comply with all applicable federal, state and local laws, rules and
regulations in performing its rights, duties, and services hereunder, including, without
limitation, all applicable laws, rules and regulations governing brokers in the State of
Texas; and
j. Without limiting the generality of the foregoing, Broker shall provide
those additional specific services described on Exhibit B attached hereto.
3. Commission. Except in connection with any sales of the Property or portions
thereof to any of Broker's affiliates or related parties, Owner agrees to pay to Broker, as
compensation for its services rendered pursuant to this Agreement, a real estate sales or ground
lease commission (the "Commission") in the amount as detailed in Exhibit C attached hereto., in
connection with the sale or ground lease of the Property (or a portion thereof) by Owner, but in
all events if, and only if, a closing of a sale, or final enforceable ground lease or lease agreement
of the Property(or a portion thereof) occurs and not otherwise. The applicable Commission for a
land sale shall be earned and payable only upon the closing of a sale of the Property(or a portion
thereof) and shall be paid to Broker in cash out of the applicable sale closing proceeds. No
Commission shall be due or payable in the event a sale contract fails to close for any reason. In
the event the Sales Commission due Broker and other commissions to outside brokers/agents
representing a purchaser in connection with any sale/ground lease of the Property (or a portion
thereof) together would exceed the amount of the applicable Sales Commission set forth in
Exhibit C then the Seller will pay the additional Commission required by the outside
brokers/agents. The term "Gross Sales Price" as used in this paragraph shall mean the gross
sales/purchase price for the sale of the Property(or the applicable portion thereof).
5. Broker Expenses. Broker shall be responsible for all costs and expenses incurred
in connection with this engagement and providing its services hereunder, including, without
limitation, all costs and expenses associated with Broker (and all compensation and benefits of
officers and employees of Broker and all other overhead and administrative expenses of the
Broker), this Agreement (and its duties and obligations hereunder), and its efforts to market and
sell the Property and portions thereof and the other services provided by Broker hereunder.
Owner will reimburse Broker for actual costs incurred for any advertising requested in trade and
business journals.
6. Term. The term of this Agreement (the "Term") shall commence on the
Effective Date and shall continue for a period of two (2) years thereafter, unless either party
terminates this Agreement in accordance with this Paragraph 6. This Agreement may be
terminated at any time by either party hereto, with or without cause and for any or no reason, by
giving the other party fifteen (15) days advance written notice of such termination, and, in such
event,this Agreement shall terminate fifteen(15) days after such written notice(or such later date
as may be specified in the termination notice), without the need for any further writing or action.
Upon such termination, the parties shall have no further rights or obligations hereunder except to
the extent specifically set forth in this Agreement as expressly surviving a termination hereof;
provided, however, Broker shall return and deliver to Owner any and all information and
materials regarding the Property or Owner promptly upon such termination unless otherwise
agreed by Owner. Furthermore, Broker agrees to deliver to Owner, within five (5) days following
any termination of this Agreement, a written list of prospective purchasers/ground lessees that,
during the Term, were both contacted by Broker and with whom Broker had material discussions
and written correspondence regarding the sale/ground lease of the Property(or a portion thereof)
in an effort to effect a sale/ground lease of the Property (or a portion thereof)to such prospective
purchaser/ground lessee (each, a "Prospective Purchaser/Ground Lessee" and collectively, the
"Prospective Purchasers/Ground Lessee"), together with evidence of such discussions and
correspondence. If(i) such list of Prospective Purchasers/Ground Lessees is timely delivered to
Owner in accordance with the preceding sentence and (ii) the Property or a portion thereof is
under contract within 180 days after notice to terminate and a Transaction occurs with the
Prospective Purchaser/Ground Lessee within one hundred eighty (180) days after going under
contract, then the Commission set forth in Exhibit C hereof(as applicable and as limited by the
provisions in Paragraph 3) will be paid to Broker in connection with such sale if and when the
closing of such sale/ground lease occurs. Commissions are to be paid only as provided in
Paragraph 3 above and in this Paragraph 6 and in no other circumstance. The foregoing
provisions in this Paragraph 6 shall survive any termination of this Agreement.
7. Successors and Assigns. This Agreement, and the rights conferred upon Broker
hereunder, may not be assigned by Broker, and any attempted assignment in violation of this
provision will be null and void and of no force or effect. This Agreement shall be binding upon
and inure to the benefit of the parties hereto and their respective successors and permitted assigns.
No person or entity other than Owner and Broker and their respective successors and permitted
assigns shall have any rights in,to or under this Agreement.
8. Notices. All notices, demands, requests or other communications that may be or
are required to be given, served or sent by any party to another party pursuant to this Agreement
shall be in writing and shall be (i) mailed by first-class, registered or certified mail, return receipt
requested, postage prepaid, (ii) delivered by hand delivery, (iii) delivered by reputable overnight
courier (such as Federal Express or UPS), or (iv) transmitted by electronic or facsimile
transmission addressed as set forth below, and shall be deemed to have been given, served, sent
and received for all purposes (i) two (2) days after the date a first-class, registered or certified
mailing, return receipt requested, containing such notice, properly addressed, with postage
prepaid, is deposited in the United States mail, (ii)on the date of hand delivery to the office of the
recipient, (iii) one (1) day after such notice is deposited with a reputable overnight courier (such
as Federal Express or UPS) for next day delivery, or (iv) if transmitted by electronic mail, when
receipt of such transmission by the intended recipient has been confirmed by the sender's
equipment. The addresses of the parties to which any notice, demand, request or communication
is to be sent are as follows:
If to Broker: EDGE Realty Partners LLC
5950 Berkshire Lane, Suite 700
Dallas, Texas 75225
Attn: David Copeland and Brian Waxler
If to Owner: Legacy Capital, L.P.
c/o Legacy Capital Partners, Ltd.
2929 Carlisle St. #365
Dallas,Texas 75204
Any party hereto may, at any time by giving fifteen (15) days' written notice to the other
party hereto, designate any other address in substitution of the foregoing address to which such
notice shall be given. Notices from either party may be given by any of its legal counsel.
9) Miscellaneous.
a. Owner and Broker each acknowledges that it has read, understands and
accepts all terms and provisions contained herein and hereby acknowledges receipt of this
Agreement.
b. This Agreement constitutes the entire agreement between the parties
hereto concerning the subject matter hereof and supersedes all prior discussions,
negotiations and agreements, whether oral or written, with respect to the subject matter
hereof.
c. Any amendments or modifications to this Agreement must be in writing
and signed by all parties hereto.
d. This Agreement shall be governed by and construed in accordance with
the laws of the State of Texas.
e. This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original, and all of which together shall constitute one and the
same instrument. In making proof of this Agreement, it shall not be necessary to produce
or account for more than one such counterpart.
[SIGNATURE PAGE FOLLOWS]
EXECUTED to be effective as of the Effective Date.
SIT IV ! LEGACY CAPITAL,
a Texas limited partnership
By: I,egacy Capital Partners, Ltd.,
a Texas limited partnership,
its General Partner
By: Legacy Capital Company,
a Texas corporation,
its General Partner
By:
Steven D. Saxon, President
BROKER:
EDGE REALTY PARTNERS LI C,
A Texas limited liability company
By:
Name:
Title:
4
EXHIBIT A
DESCRIPTION/DEPICTION OF PROPERTY(TRACTS 15 ONLY)
r : -emu -
{
T ii- l a r 7 _ P''' ^�w 11 ,,..+t
% . R r ' • WOO
i 400106 0_ 4. OM1'
S. . -
1. , Ili - ,
A c
IFIt,' i vl :a 4 Ai t
Eiggilk
F.
0, ,, a o, Land Use Proposal tD !
EXHIBIT B
SCOPE OF ADDITIONAL SERVICES
Market/Trade Area Research and Analysis
• Broker will produce a customized MSA Analysis, including detailed trade area mapping,
demographics,traffic counts, and existing retail synergy information to evaluate existing
store placements and potential development opportunities;
• Broker will utilize retailer spacing maps and macro/micro aerials to evaluate potential
sales transfer impact upon existing retail stores;
• Broker provided market information shall include: rental rates,vacancies, land prices,
announced and potential alternative developments, infrastructure changes, competition,
growth catalysts, major tenant activity, and competitive sales.
Strategic Marketing Plan
• Broker will create,with Owner's participation and approval, a marketing plan designed to
maximize the value of Owner's investment in the Property; Broker will provide Owner
with an initial marketing plan by June 30, 2011 for Owner's review, revision and
approval, and thereafter Broker will work with Owner to update the marketing plan at
least every six(6)months or in such shorter intervals(such as quarterly)as Owner may
request;
• Broker will produce an in-depth and complete prospect identification and calling program
for prospective buyers and tenants, including meetings, site tours and monthly tracking
reports;
• Broker shall produce and utilize first class marketing materials providing detailed and
complete information highlighting the unique features and opportunities of the Property
and the Trade Area;
• Marketing Materials shall include custom aerials, detailed polygon trade area mapping,
drive time analysis, custom demographic analysis and merchandising plans;
• Broker shall use its best efforts to negotiate and secure buyers(and tenants or end-users,
as applicable)for the Property. Negotiations shall include sales prices and other terms
and conditions within Letters of Intent as approved by the Owner;
• Broker will meet on a scheduled basis with the Owner and provide appropriate reporting
to keep involved parties updated with the most current information and status of
prospective transactions;
• Broker will pay for all marketing materials and expenses associated with its services
under this Agreement, including,without limitation,marketing packages, research,
signage and travel/entertainment directly incurred by Broker. Owner will reimburse
broker advertising costs described in Paragraph 5 of the agreement.
Pre-Development Review
• Broker will assist Owner in evaluating potential future tenants and end-users and related
deal structures and verify market rates;
• Broker will assist and advise Owner and its consultants in site planning, merchandise
planning and related predevelopment and development issues;
• Broker will assist Owner in the review and negotiation of purchase and sale contracts.
EXHIBIT C
COMMISION SCHEDULE
A. SALES:
As to all sales of real property for which there is no Buyer Representative,the
Commission shall be paid as set forth; Five percent(5%) up to $2.0M,four percent
(4%) over$2.0M of the gross sales price.
Examples of Commission based on$3M sale of real property for which there
is no Buyer Representation:
$0-$2.OM (5%of 2M) =$100,000.00
$2.0 and above (4%of 1M) =$40,000.00
Total Commission=$140,000.00
As to all sales of real property for which there is a Buyer Representative,the
Commission shall be paid as set forth: Six percent(6%) up to$2.0M,five percent
(5%) over$2M, of the gross sales price.
Example of Commission based on$3M sale of real property for which there
is a Buyer Representation:
$0 -$2.0M (6%of 2M) = $120,000.00
$2.0 -$3M (5%of 1M) =$50,000.00
Total Commission=$170,000.00
This Commission shall be paid by Seller at the time of closing; provided that if the
transaction calls for a contract for deed,then upon execution of said contract.
B. GROUND LEASES:
As to all leases in which EDGE Realty Partners is the sole broker,the
Commission shall be calculated at the rate of four percent (4%) of the total rental.
With respect to leases in which an outside (third party) Broker or Agent or
another EDGE Realty Partners agent in addition to the listing agent(s) set forth
below is involved,the Commission shall be six percent (6%) of the total rental.
All Commissions shall be payable solely to Broker and are subject to the
following terms and conditions:
1. Payment of Lease Commissions:
Commissions shall be due and payable fifty percent(50%) on execution of a
lease by Owner and the Tenant and waiver of all contingencies and fifty percent
(50%) on occupancy,defined as commencement of payment of ground rent by
the Tenant,provided tenant has waived all contingencies.
2. Term of More than Fifteen Years:
If a lease is in excess of fifteen years (15)then the Commission shall be
calculated only upon the rental to be paid for the firth fifteen (15)years of the
term of the lease.
3. Month-to-Month Tenancy:
The Commission rate in this instance shall be six percent(6%) of the monthly
rental to be paid by Owner as the rental is received.
4. Extension of Lease or Additional Space Taken:
Tenant occupy additional space by virtue of provisions in the lease,or through
subsequent modification of such provisions,then a leasing Commission shall be
paid at such time said additional space is occupied.Said leasing Commission
shall be computed in accordance with the provisions of this Schedule and by
using the rates applicable as if the initial term of the lease had included said
extension period or the premises initially leased had included said additional
space.
Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Sam Satterwhite, Executive Direct 4
SUBJECT: AMB Investments Performance Agreement
DATE: June 19, 2017
Issue
Consider and act upon issues surrounding a Performance Agreement between the WEDC and
AMB Investments, Inc.
Analysis
As per direction provided to staff within Executive Session, a Performance Agreement is
attached for your review pertaining to financial assistance to AMB Investments, Inc. (doing
business as Taco Delight). As previously reported, AMB approached the WEDC for assistance
with what was described as a $100,000 construction program consisting of interior
renovations/upgrades and improvements to exterior facade, lighting, and infrastructure. The
Board at the time directed staff to pursue assistance with Qualifying Infrastructure not to exceed
$14,000 (based upon initial project description and associated cost estimates).
In addition to the total project expanding to $130,000 in total expenditures, staff was able to
identify$8,400 in Qualified Infrastructure.
Recommendation
Staff recommends that the WEDC Board of Directors approve a Performance Agreement
between the WEDC and AMB Investments, Inc. authorizing an incentive package of $8,400
based upon the satisfaction of identified performance measures.
PERFORMANCE AGREEMENT
Between
WYLIE ECONOMIC DEVELOPMENT CORPORATION
And
AMB INVESTMENTS,INC.
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
AMB Investments, Inc. (the "Company").
RECITALS
WHEREAS, the Company owns and operates a fast-casual dining establishment on property
located within the corporate limits of the City of Wylie, Texas (the "City"), consisting of approximately
0.65 acres, located at 409 S. State Highway 78, Wylie, Texas 75098; and
WHEREAS, the Company is desirous of making real and personal property improvements in the
form of constructing interior and exterior upgrades to a 2,084 square foot building which will have a
project cost of One Hundred Thirty Thousand Dollars ($130,000); and
WHEREAS, the Company requested financial and/or economic assistance from the WEDC to
offset the cost of certain infrastructure improvements for the Project in the City of Wylie, Texas (the
"Project"); and
WHEREAS, Section 501.103 of the Act states that the WEDC may provide funding for
expenditures that are found by the Board of Directors to be required or suitable for infrastructure
necessary to promote or develop new or expanded business enterprises, limited to streets and roads,
water and sewer utilities, electric utilities, or gas utilities, drainage, site improvements, and related
improvements (the "Qualified Infrastructure"); and
WHEREAS, the WEDC has determined that it is in the best interest of the public and the City
and promotes the purposes authorized by the voters of the City of Wylie for which the WEDC was
established to encourage the development and use of business properties within the City; and
WHEREAS, for the public purpose of promoting economic development and diversity,
increasing employment, reducing unemployment and underemployment, expanding commerce and
stimulating business and commercial activities in the State of Texas, and the City of Wylie, the WEDC
desires to offer economic assistance to Company as more particularly described in this Agreement.
NOW, THEREFORE, for and in consideration of the promises, covenants and agreements set
forth herein, the receipt and sufficiency of which are hereby acknowledged, the WEDC and Company
agree as follows:
I. Economic Assistance. Subject to the terms of this Agreement, the WEDC will provide the
Company economic assistance in an amount up to, but not to exceed, Eight Thousand Four
Hundred Dollars ($8,400.00) (the "Economic Development Incentives"). The Economic
Page 1 of 4
C:\Users\sam.satterwhite\Documents\Word Files\Prospect\AMB Investments-Performance Agreement.doc
Incentives will be paid according to the criteria set forth herein with the WEDC's obligation to
pay the Economic Development Incentives terminating on August 31, 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 Project Qualified WEDC Eligibility
Year Incentive Cost Infrastructure Incentive Expiration
2017 No. 1 $130,000 $8,400 $8,400 8-31-2017
II. Performance Requirements for Economic Development Incentive..
Incentive No. 1: An Economic Development Incentive of Eight Thousand Four Hundred Dollars
($8,400.00) will be paid to Company upon completion of the following Performance
Requirements for Incentive No. 1:
1. Receipt of documentation by WEDC supporting a minimum project cost of One Hundred
Thirty Thousand Dollars ($130,000), which includes construction costs and the
acquisition of personal property, as evidenced by paid construction invoices and executed
purchase orders supporting the minimum project costs, approval of said documentation at
the sole and absolute discretion of the WEDC; and
2. Receipt of documentation by the WEDC supporting an expenditure of monies on
Qualified Infrastructure equal to or greater than the amount of reimbursement not to
exceed Eight Thousand Four Hundred Dollars ($8,400.00), as evidenced by paid
construction invoices, approval of said documentation at the sole and absolute discretion
of the WEDC; and
3. Company is current on all ad valorem taxes and other property taxes due on the Facility
by January 31 of the year after they are assessed and provide written notice and evidence
of such payment to WEDC in a form satisfactory to WEDC; and
4. Eligibility expiration for the Company to qualify for this Incentive is August 31, 2017,
III. WEDC Payment of Reimbursement Incentives. Subject to the terms of this Agreement, the
WEDC shall pay the Incentives within approximately five (5) days of receipt of the required
documentation from the Company, subject to verification by the WEDC that the Performance
Requirements have been met or exceeded by the Company.
IV. Non-Attainment of Performance Requirements. In the event that the Company does not meet
or exceed a Performance Requirement as specified in Section II, the WEDC Economic
Development Incentive will be voided in advance of payment in addition to all future Economic
Development Incentive payments being voided at the sole discretion of the WEDC. The
Company will not be eligible to receive an Economic Development Incentive payment if
Page 2 of 4
C:\Users\sam.satterwhite\Documents\Word Files\Prospect\AMB Investments-Performance Agreement.doc
documentation supporting Performance Requirements are not received by WEDC prior to the
Eligibility Expiration Date. Company will be notified in writing in the event a Performance
Requirement is not met and have thirty (30) days to cure said default.
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 August 31, 2017.
VI. Employee Hiring, Materials and Sutplies Purchase. Although not an event of default or a
condition to any advance in the Agreement, WEDC requests that the Company satisfies its need
for all construction contractors from Wylie residents and purchase all materials, supplies and
services necessary to affect the Project and subsequent occupancy of the Facility from Wylie
merchants and businesses.
VII. Community Involvement. Although not an event of default or condition of any advance
hereunder, the Company agrees to actively participate in community and charitable organizations
and/or activities, the purpose of which are to improve the quality of life in the City of Wylie,
Texas, and to actively encourage its employees to be involved in such organizations and/or
activities.
VIII. Verification and Compliance. The Company will allow the WEDC to audit necessary
Company's records, documents, agreements and other instruments in furtherance of the
following purposes: (i) to ensure the Company's compliance with the affirmative covenants set
forth in this Agreement; (ii) to determine the existence of an Event of Default under the terms of
this Agreement; (iii) to ensure compliance with any other terms and conditions set forth herein or
any related documents. Company will provide reports certifying the status of compliance, jobs
retained, new investments and any other relevant information until the termination of this
Agreement
IX. Cessation of Economic Assistance. Notwithstanding anything herein to the contrary, WEDC
shall have no obligation to disburse WEDC Economic Development Incentives if the Company
becomes insolvent, files a petition in bankruptcy or similar proceedings, or is adjudged bankrupt,
or is delinquent on any property tax payments, or files suit against the City of Wylie and/or the
WEDC, or an Event of Default under the terms of this Agreement occurs.
X. Miscellaneous.
a. This Agreement shall inure to the benefit of the parties hereto and shall not be assignable by
Company without the prior written consent of the WEDC, which consent may be withheld by
the WEDC in its sole and absolute discretion.
b. This Agreement shall be construed according to the laws of the State of Texas and is subject
to all provisions of Vernon's Ann. Civ. St. Art. 5190.6, which are incorporated herein by
reference for all purposes. In the event any provision of the Agreement conflicts with article
5190.6, article 5190.6 shall prevail.
Page 3 of 4
C:\Users\sam.satterwhite\Documents\Word Files\Prospect\AMB Investments-Performance Agreement.doc
c. This Agreement contains the entire agreement of the parties regarding the within subject
matter and may only be amended or revoked by the written agreement executed by all of the
parties hereto.
d. This Agreement shall be governed by the laws of the State of Texas and is specifically
performable in Collin County, Texas.
e. Any notice required or permitted to be given under this agreement shall be deemed delivered
by depositing the same in the United States mail, certified with return receipt requested,
postage prepaid, addressed to the appropriate party at the following addresses, or at such
other address as any part hereto might specify in writing:
WEDC: Samuel D. R. Satterwhite
Executive Director
Wylie Economic Development Corporation
250 South Highway 78
Wylie, Texas 75098
COMPANY: AMB Investments, Inc.
1600 Fairlakes Court
Rockwall, TX 75087
Attention: Melisa Greaves
By the execution hereof, each signatory hereto represents and affirms that he is acting on behalf of the
party indicated, that such party has taken all action necessary to authorize the execution and delivery of
the Agreement and that the same is a binding obligation on such party.
EXECUTED this 21st day of June, 2017.
WEDC:
Wylie Economic Development Corporation
By _ ....................._
Samuel D.R. Satterwhite, Executive Director
COMPANY:
AMB Investments, Inc.
By:
Melisa Greaves, President
Page 4 of 4
C:\Users\sam.satterwhite\Documents\Word Files\Prospect\AMB Investments-Performance Agreement.doc
Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Sam Satterwhite, Executive Director
SUBJECT: T.W. Snider&Associates
DATE: June 16, 2017
Issue
Consider and act upon issues surrounding a Performance Agreement between the WEDC and
T.W. Snider& Associates, LLC.
Analysis
Per a Performance Agreement executed between the two parties on 11-10-16, Snider was eligible
to receive up to $50,000 in incentives should he finish out Phase II of the office project and
complete a 6,000-square foot shell for Phase III. Snider received Incentive Payment One of
$8,000 for finishing out Phase II but will not meet the Performance Measures for Phase III. The
Performance Measures for Phase III were to receive a Building Permit by March 1, 2017 and a
Certificate of Completion for the 6,000-square foot shell by October 1, 2017. Even had the
Board considered amending the March deadline, Snider will be unable to meet the October
deadline.
The WEDC worked with Snider for many years on this project and there have been positive
results. There exists 7 new or retained businesses, 9,600 square feet of finished office space,
$1.49 mm in new value, a master planned office park to support an additional 9,600 square feet,
and existing parking to support an additional 6,000 square feet of office space. More
importantly, all of this existing and future development is on a piece of property that was ill
suited for any type of development based upon location, visibility, and access.
With all of the above positives, Snider is in Default of the Performance Agreement with staff
being unable to recommend any extension or amendment.
Recommendation
Staff recommends that the WEDC Board of Directors declare T.W. Snider & Associates, LLC in
default of its Performance Agreement with the WEDC, void in advance eligible incentive
payments within Section II (b), and terminate the Agreement.
Attachments
Performance Agreement
PERFORMANCE AGREEMENT
Between
WYLIE ECONOMIC DEVELOPMENT CORPORATION
And
T.W. SNIDER& ASSOCIATES,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 T. W. SNIDER & ASSOCIATES, LLC, a Texas limited liability company (the
"Company").
RECITALS
WHEREAS, the Company is desirous of making real and personal property improvements
in the form of finishing out a 4,800-square foot commercial office building and constructing a
6,000-square foot office building (the "Project") as depicted in Exhibit I. The project will have an
estimated cost of Nine Hundred Thirty-Five Thousand Dollars ($935,000.00) and will be located at
611 S. State Highway 78, in Wylie, Texas (the "Facility"); and
WHEREAS, the Company requested that the WEDC provide economic assistance to
facilitate the finish out and construction of the Facilities and the related improvements by
providing cost reimbursement for the proposed improvements(the"Improvements"); and
WHEREAS, the completion of the Company's facility in the City of Wylie, Texas will
create additional "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 industrial and commercial properties
within the City; and
WHEREAS, the WEDC is willing to provide the Company with economic assistance
hereinafter set forth on the terms and subject to the conditions as stated herein and Company is
willing to accept the same subject to all terms and conditions contained in this Agreement.
NOW,THEREFORE, for and in consideration of the promises, covenants and agreements
set forth herein, the receipt and sufficiency of which are hereby acknowledged, the WEDC and
Company agree as follows:
I. Economic Assistance. Subject to the terms of this Agreement, the WEDC will provide
Company economic assistance in the form of Performance Cost Reimbursements
("Reimbursement Incentives") in an amount up to, but not to exceed Fifty Thousand
Dollars ($50,000.00) (the "Economic Incentive"). The Reimbursement Incentives will be
paid per the criteria set forth herein with the WEDC's obligation to pay the Reimbursement
Incentives terminating October 1, 2017.
Page 1 of 5
Upon meeting the qualifications and requirements (the "Performance Requirements"), the
Company shall be entitled to the following economic Reimbursement Incentives:
Economic Incentive and Performance Requirements Schedule:,
Expected Cost/Value of WEDC Total WEDC Eligibility
Year Incentive Improvements Incentive Incentive Expiration
2017 No. 1 $150,000 $8,000 $8,000 2-1-17
2017 No. 2 785,000 42,000 50,000 10-1-17
II. Requirements for each Reimbursement Incentive.
a. Incentive No. 1: A maximum Reimbursement Incentive of Eight Thousand Dollars
($8,000.00) will be paid to Company upon completion of the following Performance
Requirements for Incentive No. 1:
1. Receipt of documentation by WEDC supporting the finish out of Building 2
comprised of four thousand eight hundred (4,800) square feet as evidenced by a
Certificate of Occupancy issued by the City of Wylie on or before February 1,
2017, approval of said documentation at the sole and absolute discretion of the
WEDC; and
2. Company is current on all ad valorem taxes and other property taxes due on
Building 2 by January 31 of the year after they are assessed and provide written
notice and evidence of such payment to WEDC in a form satisfactory to WEDC;
and
3. Eligibility expiration for the Company to qualify for this Incentive is February 1,
2017.
b. Incentive No. 2: A maximum Reimbursement Incentive of Forty-Two Thousand
Dollars ($42,000.00) will be paid to Company upon completion of the following
Performance Requirements for Incentive No. 2:
1. Receipt of documentation by WEDC supporting the development of construction
plans for Building 3 comprised of six thousand (6,000) square feet as evidenced by
a Building Permit issued by the City of Wylie on or before March 1, 2017, approval
of said documentation at the sole and absolute discretion of the WEDC; and
2. Receipt of documentation by WEDC supporting the construction of Building 3
comprised of six thousand (6,000) square feet as evidenced by a Certificate of
Completion issued by the City of Wylie on or before October 1, 2017, approval of
said documentation at the sole and absolute discretion of the WEDC; and
Page 2 of 5
3. Company is current on all ad valorem taxes and other property taxes due on
Building 3 by January 31 of the year after they are assessed and provide written
notice and evidence of such payment to WEDC in a form satisfactory to WEDC;
and
4. Eligibility expiration for the Company to qualify for this Incentive is October 1,
2017.
For the purposes of this Agreement, the "payment date" of each Reimbursement Incentive
shall be the date the Reimbursement Incentive is paid, or the date the Reimbursement
Incentive would have been paid if earned.
III. WEDC Payment of Reimbursement Incentives. Supporting documents must be
submitted to the WEDC not more than thirty (30) days from the eligibility expiration for
each incentive. Subject to the terms of this Agreement, the WEDC shall pay the
Reimbursement Incentives within approximately fourteen (14) days of receipt of the
required documentation from the Company, subject to verification by the WEDC that the
Performance Requirements have been met or exceeded by the Company.
IV, Non-Attainment of Performance Requirements. In the event that the Company does not
meet or exceed a Performance Requirement as specified in Section II, the WEDC
Economic Development Incentive will be voided in advance of payment in addition to all
future Economic Development Incentive payments being voided at the sole discretion of
the WEDC. The Company will not be eligible to receive an Economic Development
Incentive payment if documentation supporting Performance Requirements are not
received by WEDC prior to the Eligibility Expiration Date. Company will be notified in
writing in the event a Performance Requirement is not met and have thirty(30) days to cure
said default.
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 a portion or all of the Reimbursement Incentive will expire in full on
October 1,2017.
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 satisfy its
need for all additional employees from Wylie residents and purchase all materials, supplies
and services necessary to affect the renovations and subsequent occupancy of the leased
office space 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
Page 3 of 5
IM
City of Wylie, Texas, and to actively encourage its City of Wylie 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, new jobs created, new investments and any other relevant information until
the termination of this Agreement. Documentation for jobs may be in the form of quarterly
IRS 941 returns, Texas Workforce Commission Quarterly Unemployment Summary, or
employee rosters that show the hours of work and the position filled, and such other reports
as may reasonably be required.
IX. Cessation of Economic Assistance. Notwithstanding anything herein to the contrary,
WEDC shall have no obligation to disburse WEDC Economic Incentives if the Company
becomes insolvent, files a petition in bankruptcy or similar proceedings, or is adjudged
bankrupt, 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 advance shall not be forgiven in an Event of Default, but shall become due and
payable: the Company becomes insolvent, makes any materially false statements to the
City and/or the WEDC, fails to pay ad valorem taxes, conveys any interests in any
undeveloped portion of the Property without the express written consent of the WEDC
prior to the expiration of the Performance Agreement, any event of bankruptcy, or files suit
against the City and/or the WEDC.
XI. 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 per 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 conflicts 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 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
Page 4 of 5
requested, postage prepaid, addressed to the appropriate party at the following
addresses, or at such other address as any part hereto might specify in writing:
WEDC: Samuel D. R. Satterwhite
Executive Director
Wylie Economic Development Corporation
250 South Highway 78
Wylie, Texas 75098
COMPANY: T. W. SNIDER& ASSOCIATES, LLC
Attn: Tony Snider
809 Heatherwood
Wylie, TX 75098
By the execution hereof, each signatory hereto represents and affirms that he is acting on behalf of
the party indicated, that such party has taken all action necessary to authorize the execution and
delivery of the Agreement and that the same is a binding obligation on such party.
EXECUTED this 10th day of November, 2016.
WEDC:
Wylie Economic Development Corporation
By: ,
Samuel D. R. Satterwhite,Executive Director
COMPANY:
T. W. SNIDER& ASSOCIATES,LLC
Tony W. Snider, Sole Member
Page 5 of 5
Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Sam Satterwhite, Executive Director
SUBJECT: FY 2017—2018 WEDC Budget
DATE: June 16, 2017
Issue
Discuss WEDC FY 2017—2018 Preliminary Budget.
Analysis
The attached Fiscal Year 2017 — 2018 WEDC Budget provides an analysis of the projected
expenditures for next fiscal year. For this first review, staff will provide primarily an oral
presentation based upon the following budget highlights:
AvailableFunding....... ......... ......... .....„..„ „...,.... .,,..„... ..,..,,„. ......,,. .,...,..,.,M„,,,$5,921,182
Beginning Fund Balance $1,668,950
Sales tax receipts 2,831,474
Rental income 99,000
Projected Base Line Expenses........ ......... ......... ......... „ ....„..„ „,..,., .,...,..,3,991,691
Personnel 402,466
Fixed incentives 931,051
Special Services 132,200
Advertising ,..146,355
Community Development., ,.,,,,.,.„..................52,350
Rental.......... ..................................................29,100
Travel &Training.........................,,,,.,....,,,„,....46,750
Dues 29,598
Audit& Legal 23,000
Engineering 32,500
Debt Service .2,036,520
Capital Outlay .....................91,926
Operating.,.,„..,..„.. .........................................37,876
WEDC—WEDC Budget
June 17, 2017
Page 2 of 2
The City of Wylie Finance Department has provided the WEDC with a projected $1.67 mm
beginning fund balance. Sales taxes for FY 16-17 are projected to come in at $2.7 mm with the
above FY 17-18 sales tax revenues developed with a conservative 5% increase.
Based upon the above expenses, which are largely determined by fixed commitments, the WEDC
will have an additional $1.93 mm in available resources. Keep in mind however that a budget
number has not been established for 'land acquisition' or the `Future Projects' line item within
Incentives.
Attached is a more detailed breakdown of the above revenue and expenses. Within revenue and
expenses, the sale of one WEDC pad sites is projected. Should a sale not occur, the revenue and
expenses (principal reduction, title policy, commission) will be equally offsetting. There are also
several references to a '544 Gateway Project' which identifies activities on WEDC/City property
acquired from a tax sale and the Dallas Whirlpool transaction.
Recommendation
N/A
Wylie Economic Development Corporation
FY 2017-2018 Budget
REVENUES FY 16-17 FY 17-18 notes
Unreserved Beginning Fund Balance(10-01) $465,686 $1,668,950 Verified with City
40210 Sales Tax 2,467,295 2,831,474 projected 16-17 plus 5%gain
46210 Allocated Interest Earnings 1,000 3,000
Note Receivable 11,958 11,958
Sale of WEDC Pad Site 1,350,000 1,306,800 1 pad sale
Infrastructure Participation-decel lane 41,000 0
Demolition Participation 74,758 0
48110 Rental Income
Steel Rd 6,000 6,000
106 N. Birmingham 12,000 12,000
711 Cooper 4,800 4,800
605 Comm-201 16,800 16,800
605 Comm-200 24,000 24,000
605 Comm-204 9,000 12,000
Delta-E 0 9,600
DCU 0 13,800 6 months
Auto Hail 0 0 anticipate demo
TOTAL REVENUES $4,484,297 $5,921,182
EXPENSES
51100 Personnel Services-Direct Comp.
51110 Salaries $267,575 $280,972 5%increase-Board discretion
51140 Longevity Pay 1,168 1,309
Total Direct Comp. 268,743 282,281
51200 Personnel Services-Other Comp.
51210 Car Allowance 12,600 12,600
51220 Phone Allowance 4,656 4,656
51300 Personnel Services-Retirement(TMRS) 42,427 44,468
51400 Personnel Services-Insurance
51410 Group Hospitalization&Life Ins. 32,521 32,713
51420 Long-Term Disability 1,471 1,602
51440 FICA 17,443 18,283
51450 Medicare 4,079 4,276
51470 Workers Compensation 716 777
51480 Unemployment Compensation-TWC 810 810
Total Insurance 57,041 58,461
TOTAL PERSONNEL SERVICES 385,466 402,466
SUPPLIES
52010 Office Supplies
Maps and Photography 1,000 1,000
Pad Folios-75 2,000 2,000 did not order in FY 16-17
Operating Supplies 1,500 1,500
Misc. 1,000 1,000
Total Office Supplies 5,500 5,500
52040 Postage and Freight
Courier Services(2/month @$20) 480 480
Postage 250 250
Misc. 250 250
Total Postage 8 Freight 980 980
Wylie Economic Development Corporation
FY 2017-2018 Budget
FY16-17 FY16-17
52810 Food Supplies
Leadership Wylie 400 400
Board Meetings 600 600
ICAN 250 250
Misc. 1,000 1,000
Total Food Supplies 2,250 2,250
54990 Other
WEDC Small Business Resource Center 5,000 5,000
TOTAL SUPPLIES 13,730 13,730
MATERIALS FOR MAINTENANCE
54810 Computer Hardware and Software(maintenance) 3,000 3,000
CONTRACTUAL SERVICES
56030 Incentives
Wdbrdg Ctr-Inland.-Sales Tax Reimbursement 257,024 279,000 Avg$60k/qtr+15%
B&B Theatre-Sales Tax Reimbursement 25,000 25,000 Avg$4,700/qtr
B&B Theatre Incentive(4 of 6) 25,000 25,000
Ascend Phase II (4 of 4) 24,000 0
CSD-Sales Tax Reimbursement 104,000 128,000 Avg$27k/qtr+IHOP,etc.
Dank Real Estate(3 of 3) 7,500 0
Getset(3 of 3) 10,000 10,000
EXCO(2 of 5) 20,000 20,000
Wylie Village Dentistry(2 of 2) 20,000 0
All State Fire Equipment(3 of 3) 20,000 20,000
Von Runnen(3 of 3) 10,000 10,000
KREA-Infrastructure Reimbursement(1 of 1) 100,000 100,000 will not fund in FY 16-17
KREA-H&M Occupancy Tax Reimbursement 0 63,000 9 months revenue
Freudiger(3 of 3) 30,000 0
Patna Properties(2 of 2) 20,000 10,000
ACG Texas(1 of 1) 35,000 0
FLM Development(1 of 1) 76,673 0
McClure Partners 50,000
REVA 100,000
REVA-H&M Occupancy Tax Reimbursement 26,250 3 months reimb after start date
Trout 15,000
SAF 45,000
T.W. Snider 0
Metalbilia 4,800
Future Projects 312,334 1,929,491
Total Incentives 1,096,531 931,050
56040 Special Services
Claritas(4 demographic studies) 700 300
Janitorial Services 1,900 1,900
Mowing 7,000 7,000
Leasehold Improvements 0 10,000 maintenance on lease prop.
Traffic Counts 3,000 3,000
Consulting Services 50,000 50,000 includes Retail Coach$10k
Whitehead&Mueller 50,000 50,000
Misc. 10,000 10,000
Total Special Services 122,600 132,200
56080 Advertising
The Wylie Connection(3) 0 0
Chamber Directory 1,000 1,500
Pirate/Wylie East Football 1,200 1,200
Chamber Banner Ad 1,500 1,500
Wylie News Newcomers Guide 2,100 1,555
Wylie Economic Development Corporation
FY 2017-2018 Budget
FY 16-17 FY 17-18
The Wylie News-misc. 300 500
Downtown Promotion 5,000 5,000
Promotional Materials 3,000 3,000
Regional Marketing Initiative 100,000 100,000
Woodbridge Scorecard 1,500 1,500
Website Maintenance 7,000 7,000
4Most Business Program(12) 18,600 18,600
Misc,. 5,000 5,000
Total Advertising 146,200 146,355
56090 Community Development
Christian Care Golf Tnmt/Sponsorship 2,000 2,000
Wylie Chamber of Commerce:
Championship Rodeo 1,500 1,500
Banquet 1,500 1,500
Golf Tournament 500 0
Misc. 1,000 1,000
Rotary Club 1,000 1,000
WISD Education Foundation Sponsorship 1,500 1,500
Taste of Wylie 2,000 2,000
Regional Broker Event 10,000 10,000
Industrial Appreciation Event 5,000 5,000
Sporting Events 10,000 10,000
Flag Program 3,000 3,000
FFA Sale-Sponsorship 500 1,000
Merchants Assoc.-Downtown Events 500 500
Habitat Golf 500 500
Collin College Gala 2,500 2,500
Collin County Prayer Breakfast 250 600 $300/table
Coventry Event Sponsorship 1,000 1,000
Education Foundation Fit 4 Business event 5,250 5,250
4Most Events-materials 2,500 2,500
General Funds 5,000 5,000
Total Community Dev. 52,000 52,350
56110 Communications
Internet 2,400 2,400
Cell Phone Equipment 500 500
Office Lines 1,932 2,268
Microsoft Exchange 600 600
Sales Force License 2,550 2,800
Tablet Service 1,368 1,368
Total Communications 9,350 9,936
56180 Rental Expense
250 S. Hwy 78($2,250 @ 12 mo.) 27,000 27,000
Copier Service Agreement 2,328 2,100
Total Rental 29,328 29,100
56210 Travel,Training,and Recruitment
TEDC Conference
Annual-registration 1,200 1,200
Travel 750 750
Lodging 1,000 1,000
Meals 250 250
Wylie Economic Development Corporation
FY 2017-2018 Budget
FY 16-17 FY 17-18
ICSC-Nat'l
Registration 2,850 3,600 600 x 6?
Airfare 2,500 3,600 600 x 6?
Lodging 4,000 6,000 ±1,000 x 6?
Meals 1,500 2,400 400 x 6?
Prospect Recruitment 10,000 10,000
ICSC-Texas
Registration 500 500
Airfare 0 0
Lodging 0 0
Meals 400 400
Wylie/Collin County Days 4,000 0
Training-Assistant 500 500
Training-Director 1,000 1,000
Training-Assistant Director(3) 5,550 5,550
Prospect Recruitment 10,000 10,000
Total Travel, Train. &Recruit. 46,000 46,750
56250 Dues
IEDC(2) 810 810
TEDC(2) 1,000 1,000
Rotary(2) 1,440 1,458
Wylie Chamber of Commerce 1,500 1,500
Wylie Merchant Association 75 75
Woodbridge Golf Club 3,550 3,550
ICSC(8) 400 400
Notary Public 100 0 Renewal 11/18
Dallas Business Journal 75 105
Club Corp 7,610 7,800
DFW Marketing Team 2,500 2,500
Impact Data Source 4,500
Xcelligent 5,400
Misc. 500 500
Total Dues 19,560 29,598
56310 Insurance
General Liability&Loss Casualty 4,000 3,500 3,300 in 2016
Bond 310 310
Total Insurance 4,310 3,810
56510 Audit and Legal Services
Audit 3,000 3,000
Legal 20,000 20,000
Total Audit&Legal Services 23,000 23,000
56570 Engineering-Architect
Surveying 10,000 10,000
Engineering 7,500 20,000 544 Gateway Project
Misc. 2,500 2,500
Total Engineering-Architect 20,000 32,500
56610 Utilities
Electricity&Water 2,400 2,400
TOTAL CONTRACTUAL SERVICES 1,571,279 1,439,049
Wylie Economic Development Corporation
FY 2017-2018 Budget
DEBT SERVICE&CAP.REPL FY 16-17 FY 17-18
57110 Debt Service
Randack/Hughes 121,284 20,214
ANB-Peddicord/White 88,589 88,589
ANB-Buchanan 87,983 87,983
ANB-K&M/Hobart 104,943 104,943
Linduff/Edge(P&I) 204,718 204,718 Principal to be reduced from
$1.5 mm to$500k in FY 16-17
Kirby-Dallas Whirlpool 144,174 144,174
Woodbridge Parkway 159,215 159,215
Principal Reduction 1,000,000 1,226,684
Total Debt Service 1,910,906 2,036,520
CAPITAL OUTLAY
58110 Land
Acquisition 50,000 0
Title Policy 8,366 7,844 1 pad sale
Commission 70,500 72,272 1 pad sale
58210 Streets&Alleys
Infrastructure Improvements 331,300 0 544 Gateway Project
Downtown Parking 60,000 0
58810 Computer Hardware&Software 5,000 9,310 New Copier
58830 Furniture&Fixtures 2,500 2,500
TOTAL CAPITAL OUTLAY 527,666 91,926
OTHER FINANCING(USES)
59111 Transfer to General Fund
Interdepartmental Assistance(Finance Department) 5,000 5,000
TOTAL OTHER FINANCING(USES) 5,000 5,000
TOTAL EXP $4,417,048 $3,991,691
Wylie Economic Development Corporation
MEMORANDUM
TO: WEDC Board of Directors
FROM: Samuel Satterwhite, Executive Director,,,,
SUBJECT: Staff Report
DATE: June 16, 2017
Issue
Staff report: review issues surrounding WEDC Performance Agreement Summary,
Environmental Activity Summary, ICSC 2017 Real Estate Conference, WEDC Pad Sites,FM 544
WEDC/City of Wylie pad sites, WEDC Strategic Planning, 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, Exco Extrusion Dies, Getset, KREA Acquisition, McClure Partners, Patna
Properties, REVA Hospitality, Ronald P. and Carole A. Trout, T.W. Snider, Von Runnen
Holdings, Wedge Corporation, and Woodbridge Crossing.
Woodbridge Crossing
Attached for the Board's review is the Sales Tax Reimbursement Report which identifies all sales
taxes received through May 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.
WEDC- Staff Report
June 16, 2017
Page 2 of 3
$4,281,144.22 in reimbursement has been earned through May 2017 with net receipts of
$3,521,961.33 in ad valorem taxes to the City of Wylie (excluding the WISD). As shown on the
Sales Tax Reimbursement Report, $123,887.30 was generated in sales tax in March 2017 versus
$126,771.44 in March 2016. This represents a 2.3% decrease over 2016 receipts (overall
community sales tax receipts were up 2.6% for the same period).
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& Hwy 78 properties, and processing a Municipal Setting Designation through
the City.
ICSC 2017 Real Estate Conference
Staff will make an oral report pertaining to Board/staff activities at ICSC along with a presentation
on two specific projects within Executive Session that came out of meetings at ICSC.
Hwy 78 WEDC Pad Sites
The City of Wylie has accepted WEDC site improvements and staff is awaiting one final lien
release from Texas Dirt Contractors prior to making final payment. Following the CFA closing,
the site will be maintained by mowing an approximate 30' section fronting Highway 78 and killing
the balance of the grass all the way to the rear of the site adjacent to the KCS line.
FM 544 WEDC/City of Wylie pad sites
The Voluntary Cleanup Program should be completed in October along with the Letter of Map
Revision from FEMA which will all but remove the floodplain line impacting the City property.
City& WEDC staff are continuing to formalize a process via an Interlocal Agreement which will
place a majority of the responsibility for marketing and site development upon the WEDC with
any expenses incurred by the WEDC pertaining to the City property reimbursed upon the sale of
City property.
WEDC Strategic Planning
Staff believes it is in the best interest of the WEDC to schedule a Special Called Meeting for the
sole purpose of strategic planning. Items to address would be a review of existing WEDC land
holdings along with a review of short&long-term goals associated with each,identify areas within
the community that may have the potential for redevelopment and how WEDC/public assistance
may impact the same, evaluate existing industrial areas and identify opportunities for more
productivity (additional square footage or infrastructure upgrades), and an overall organizational
evaluation. Also, a multi-year projection of revenue versus baseline expenses (including debt
WEDC- Staff Report
June 16, 2017
Page 3 of 3
service) will be reviewed during this process so that the Board can prioritize potential capital
programs.
Staff proposes that a minimum of two meetings be scheduled with a half day on a Friday/Saturday
and then another half day on the following Friday/Saturday. Potential dates could be August 4tha
and August 12th.
Regional Housing Starts
Forty-tive homes were permitted in Wylie for the month of May 2017. Sachse, 1,avon, Murphy
permitted a combined twenty-six with inspiration permitting eighteen over the same period.
The City of Wylie budget reflects three hundred fifty new home starts with that number more than
attainable.
No action is requested by staff for this item.
Attachments
Performance Agreement Summary
W&M Activity Report.
Regional L lousing Permits
Outstanding Performance Agreement Summary
Company Performance Obligations Expiration Incentive Comment/Notes
ACG Texas LP (IHOP) A. CO on 4,525 sf commercial building at a cost of
$1,100,000; receipts for$35,000 on Qualified
Infrastructure. 12/31/2017 $35,000
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 Paid
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
12/31/2018 $25,000
Total Incentive not to
B&B Theatres Sales Tax Reimb. Qrtly Sales Tax Reimbursement equal to .005 12-18 Annually exceed $600,000
CSD Woodbridge Phase I -Acquire property for 110,000 sf Kroger by
7/31/2016; CO by 3/31/2014 3/31/2014 $100,000 Paid
Phase II -CO for 120,600 sf retail space Sales tax
(completed) 3/31/2014 reimburse quarterly
Phase III -CO for 127,600 sf retail space Sales tax
(completed) 3/31/2017 reimburse quarterly
Cumulative incentive not
to exceed $1.1 mm.
Phase IV-CO for 134,600 sf retail space Sales tax Reimbursement
(completed) 3/31/2019 reimburse spreadsheet attached.
Exco Extrusion Dies (Texas), Inc. A. CO on 30,000 sf building 2/24/2016 $87,000 Paid
Outstanding Performance Agreement Summary
B. On an annual basis maintain appraised value of
$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
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 Paid
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 11/30/2017 $100,000
B. Quarterly incentive payment equal to
Occupancy Tax paid to City of Wylie (start date
onths from at CO and ending 7 years from 1st Not to exceed $600,000
payment) Start: 11/30/17 11/30/24 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
all debris,vehicles, inventory by 12/31/16. 12/31/2016 $25,000 Paid
B. Complete construction of 6,000 sf commercial
bldg w/Construction costs not less than
$1,350,000. CO not later than 9/30/17. Amended
to 12/31/17. 12/31/2017 $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
Outstanding Performance Agreement Summary
1 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) 6/30/24 total incentive
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
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
Von Runnen Holdings A. CO for 12,047 sf building; documentation of
$1,250,000 in construction costs. 1/1/2016 $20,0001 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,
Building Permit; 1/31/2014 $137,500 Loan Advance #1
B. CO for"The Rock" 12/31/2014 $137,500 Loan Advance #2
C. Evidence of Continuous Operation 12/31/2015 $91,666 Loan Advance Forgiven
D. Evidence of Continuous Operation 12/31/2016! $91,666 Loan Advance Forgiven
E. Evidence of Continuous Operation 12/31/2017 $91,668
Woodbridge Crossing 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
Outstanding Performance Agreement Summary
No further performance requirements. Default
declared reducing maximum incentive from $12 Reimbursement
mm to$6 mm. 2021 spreadsheet attached
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 10362.38 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 50,638.18 25,319.09 25,319.09 101,276.35 0.65 16,457.41 32,914.81 49,372.22
Mar-17 May-17 61,943.65 30,971.83 30,971.83 123,887.30 0.65 20,131.69 40,263.37 60,395.06
326,154.06 53,000.03 106,000.07 159,000.10
Totals 7,803,105.55 1,427,048.07 2,854,096.15 4,281,144.22
Note: Anticipated completion date for$6 mm incentive obligation -October 2019
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
Feb-17 Apr-17 5,350.85 2,675.42 2,675.42 $10,701.69 2,675.42
Mar-17 May-17 35,935.03 17,967.52 17,967.52 $71,870.06 $17,967.52
Apr-17 Jun-17 0.00 0.00 0.00 $0.00 $0.00
Sub-Total $82,571.75 $20,642.94
Total $1,081,883.93 $270,470.98
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 $35,0001
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 Paid
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 S25,000 Paid
12/31/2015 $25,000 Paid
12/31/2016 $25,000 Paid
12/31/2017
$25,000
12/31/2018 $25,000
Total Incentive not to
B&B Theatres Sales Tax Reimb. Qrtly Sales Tax Reimbursement equal to .005 12-18 Annually exceed $600,000
CSD Woodbridge Phase I -Acquire property for 110,000 sf Kroger by
7/31/2016; CO by 3/31/2014 3/31/2014 $100,000 Paid
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 reimburses quarterly',
Cumulative incentive not
to exceed $1.1 mm.
Phase IV-CO for 134,600 sf retail space Sales tax Reimbursement
(completed) 3/31/2019 reimburse spreadsheet attached.
Exco Extrusion Dies(Texas), Inc. A. CO on 30,000 sf building 2/24/2016 $87,000 Paid
Outstanding Performance Agreement Summary
B. On an annual basis maintain appraised value of
$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
212 `202 $20_,
Seller financing on $350,000 note,forgiven
annually beginning 1-31-17 in equal amounts of
$70,000 2017-2021 $350,000
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 Paid
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 11/30/2017 $100,0001
B. Quarterly incentive payment equal to
Occupancy Tax paid to City of Wylie (start date
mon m at CO and ending 7 years from 1st Not to exceed $600,000
payment)Start: 11/30/17 11/30/24 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
all debris,vehicles, inventory by 12/31/16. 12/31/2016 $25,000 Paid
B. Complete construction of 6,000 sf commercial
bldg w/Construction costs not less than
$1,350,000. CO not later than 9/30/17. Amended
to 12/31/17. 12/31/2017 $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
Outstanding Performance Agreement Summary
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) 6/30/24 total incentive
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
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
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,
Building Permit; 1/31/2014 $137,500 Loan Advance #1
B. CO for"The Rock" 12/31/2014 $137,500 Loan Advance #2
C. Evidence of Continuous Operation 12/31/2015 $91,666 Loan Advance Forgiven
D. Evidence of Continuous Operation 12/31/2016 $91,666 Loan Advance Forgiven
E. Evidence of Continuous Operation 12/31/2017 $91,668
Woodbridge Crossing 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
Outstanding Performance Agreement Summary
No further performance requirements. Default
declared reducing maximum incentive from $12 Reimbursement
mm to$6 mm. 2021 spreadsheet attached
Regional Housing Permits
Wylie Lavon
09 10 11 12 13 14 15 16 17 09 10 11 12 13 14 15 16 17
January2 13 28 20... 16 18_i 14 46 9 15 January 3 8 2 1 .4 5 4 6 2 12
February 7 18 9 II 22 14 20 31 4 36 February 4 7 11 2 5 11 6 5 1
March 26 20 28 18 17 30 31 43 33 March 10 8 3 6 3 17 8 3 0
April 16 23 18 29 38 10 57 41 70 April 6 13 1 12 24 ° 7 11 1 1
May 11 II 26 18 2 26 68 101 45 May 7 8 1 0 9 17 4 4 11
June 36 24 19 13 11 1 9 57 58 June 12 12 9 2 5 12 5 1
July 21 33 20 19 18 29 fl 36 34 July 14 11 2 3 1 14 12 1
August 22 24 16 20 19 19 30 25 August 14 12 9 6 3 1 5 0
September 38 23 22 15 8 17 24 18 September 1 0 6 7 6 2 7 0
October 15 17 16 28 30 21 32 26 October 3 14 4 2 1 9 5 0
November 21 13 5 14 18 20 33 11 November 13 5 5 3 2 1 2 0
December 31 15 10 16 23 65 38 39 December 2 1 7 1 4 5 6 0
TOTAL 257 264 201 230 236 280 483 409 199 TOTAL 89 99 60 48 68 100 77 17 25
Murphy Sachse
09 10 11 12 13 14 15 16 17 09 10 11 12 13 14 15 16 17
January 2 14 4 7 26 13 1 12 5 January 5 17 14 8 13 18 14 16 4
February 1 15 3 14 4 5 5 4 2 February 8 1 10 3 11 8 29 17 31 15 1
I March 4 15 II 9 6 6 8 4 5 4 March 11 11 9 12 1 13 24 31 23
April 7 12 8 10 23 1 3 8 1 April 12 11 8 4 13 17 12 24 15
May 7 5 11 14 7 7 2 2 0 May 6 13 11 17 10 21 6 I21 15
June 12 13 6 19 15 6 7 4 7 June 17 11 8 17 14 16 38 25
July 12 7 7 16 7 22 4 2 July 11 15 7 14 15 30 12 22
—
August 6 3 4 13 15 16 2 21 August 12 14 5 19 10 29 41 32
September 12 7 4 10 10 3 3 6 September 13 3 12 12 17 23 27 20
October 4 8 3 16 16 4 0 2 October 15 3 8 15 25 18 31 29
November) 5 7 3 17 5 5 2 6 November 14 4 6 9 12 27 26 12
December 14 9 8 7 15 4 0 1 December 12 6 7 10 11 39 12 11
TOTAL 86 115 70 149 149 94 33 73 12 TOTAL 136 118 98 148 149 280 260 274 72
Inspiration
Jan Feb Mar Apr M6y Jun Jul Aug Sep Oct Dec Tam,,
15 gi 10 6 1111111 14 4l 8 MIMI
16 10 19 Ell 9 EMI 40 8 14 'MMO=
17 10lig 26 29 18 mummi'amiNE
i
Regional Housing Permits
Wylie Pending Developments Dominion of Pleasant Valley Ph 2 -62.142
Estates of Creekside -45 ac. -63 Lots, 3 open space ac 212 lots
Braddock Place, Phase 2 - 185 ac. - 44 Lots J Cubed Addition 1.841 ac
Kreymer Estates Phase 1 - 36.475 ac. - 110 Lots Inspiration 3B-1 56.75 ac-205 lot
Lewis Ranch -53 ac. -216 Lots Bozman Farms Phase 5B-21.874 ac 74 lots
Woodbridge 16 -25.083 ac. - 111 Lots Kreymer East Phase 1 -26.782 ac 86 lots
Dominion of Pleasant Valley- 361.4 ac. -975 Lots Inspiration Phase 3B-1 56.75 ac 205 lot
Covington Estates Ph 1 - 14.308 ac. -44 lots New Haven at Wylie-3.126 ac 1 lot
Bozeman Farms- 780 lots remaining (145 under cons.) Kreymer Estates 4-27.312 ac 78 lots
Alanis Crossing - Phase 1 -29.292 ac- 53 Lots Stone Ranch - 38.113 ac 138 lots
Braddock Place, Phase 3 -18.322 ac. - 53 Lots, 2 open space Collins Addition -6.398 ac 2 lots
Wilson Creek -38 ac. 140 lots Clarimarhomes 0.281 ac 2 lots
Inspiration 2B -25 ac. 76 lots Wylie ETJ Lake Park villas 26.586 ac 165 lots
ZC 2014-08 Nails-25 ac. 105 Townhomes Creekwood Country Estates-21.34 ac 22 lots
Hunter's Cove Phase I -31.414 ac 58 Lots Keller's 2nd Addition -0.289 ac 1 lot
Bozman Farms Phase 3 - 50.392 ac 139 Lots Keller's 2nd Addition - 0.289 ac 1 lot
Braddock Place Phase 4 -25.608 ac 77 Lots Railroad Add, Lot 3R-1 & 3R-2 -0.281 ac 1 lot
Braddock Plase Phase 3- 18.322 ac. 53 Lots Inspiration Ph 3B-1 -56.75 ac 199 lots
Creekside Estates Phase VII -23.267 ac. - 11 Lots Bozman Farm Phase 6 - 59.968 ac 181 lots
Castle Park- 31.41 ac 56 Lots Inspiration Ph 3B-3 - 19 lots
Inspiration Phase 1 &2 -- 53 Lots Creekside Phase IX 1.428 ac 5 lots
Kreymer Estates Amenity Center- 3.3 ac. 1 Lot Railroad Addition, Lot 15R -0.402 ac 2 lots
Kreymer Estates Phase 2 -23.171 ac 60 Lots Woodbridge 21 - 104.174 ac- 367 lots
Kreymer Estates Phase 3 -29.7654 ac 74 Lots
Mansions at Wylie Seniors- 13.125 ac 1 Lot Sachse Pending Developments
Schupbach Estates- 0.633 ac. 2 Lots Jackson Hills Phase 3A-2 - 55 Lots
Wooded Creek Phase 2 Amenity Center- 0.512 ac 1 Lot Heritage Park- Phase 3 - 81 Lots
Creekside Estates Phase VIII -20.551 ac 65 Lots Parkwood Ranch - Phase 2 -102 Lots
Kreymer Estates Phase 4 -27.312 ac 78 Lots Jackson Hills- Phase 3B- 114 Lots
Bozman Farms Phase 5 -69.071 ac 198 Lots Jackson Meadows- 51 Lots
HNI Townhome Addition - 10.06 ac 104 Lots Woodbridge - Phase 19 - 148 Lots
Alanis Crossing Phase II -26.239 ac 42 Lots ETJ
Trailsplace Lot 6-BR & 6 C-0.256 ac 2 Lots C & F Copeville Addition -3.515 ac 3 Lots
Kreymer Park-45.57 ac 151 Lots Geckler Addition - 14.274 ac 1 Lot
Kreymer Estates Phase 3 -29.7654 ac 74 Lots Reyes estates-3.61 ac 2 Lots
Braddock Place Phase 5 -28.019 ac Creeks Crossing -3.187 ac 2 Lots
Railroad Addition Block 31 - 1 ac.
Creekside Estates Ph 9- 12 ac
Covington Estates Phase 2- 13.927 ac
Kreymer Park-45.57 ac 151 Lots
Creekwood Estates - 15.717 ac 20 Lots
Bozman Farms Phase 5- 69.071 ac 198 Lots
Inspiration Phase 3 and 4- 107.83 ac
Russell Addition -0.16 ac 1 lot
Oaks Addition -0.304 ac 1 lot
Keller's 2nd Addition -0.289 ac 1 lot
Inspiration Phase 5 - 10.32 ac 58 Lots with 3 open space
Serene Villas- 21 ac 67 with 3
New Haven at Wylie - 3.1 ac 1 lot
Inspiration Phase 2B
Inspiration Phase 3C- 16.431 ac 54 w/3 open
Inspiration Phase 5A-1 10.32 ac 58 with 3
Inspiration Phase 3A- 50.08 ac 324 lots