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09-20-2017 (WEDC) Agenda Packet i ylie Economic Development CORPORATION September 20, 2017—6:30 A.M. WEDC Offices—Conference Room 250 South Highway 78—Wylie, Texas Marvin Fu er....,. ........ . ...m. ,,,.. ,.>.... . .,..,,..., . ...;,. ....,.... President Todd intters..M.: .......:. Vice President Mayor Eric Hogue .....w,:: Ex-Officio Member Mindy Manson,City Manager...:. ......... ......... ......... ......... ...............::Ex Officio Member Samuel Satterwhite,,....,.; Executive Director Jason Greiner. A,.,9 .. ..<.., ......... .... ......... .................. ssistant Director Angel ygant...,..... ,. .., 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 wyltette. s. ov within the required time frame. CALL T 1 ER 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 I. Consider and act upon approval of the September 5, 2017 Minutes of the Wylie Economic Development Corporation(WEDC) Board of Directors Meeting. II. Consider and act upon approval of the August 2017 WEDC Treasurer's Report. III. Consider and act upon an amendment to a Performance Agreement between Patna Properties, LLC and the WEDC. IV. Consider and act upon a Performance Agreement between the WEDC and DCU, Inc. DISCUSSION V. Staff report: review issues surrounding WEDC Performance Agreement Summary, Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway Property, and regional housing starts. WEDC—Agenda September 20, 2017 Page 2 of 2 VI. Discussion of issues to be placed on future WEDC Board Meeting agenda (no substantial consideration/discussion allowed). EXECUTIVE SESSION Recess into Closed Session in compliance with Section 551.001, et.seq. Texas Government Code, to wit: Section 551.072 (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). Consider the sale or acquisition of properties located near the intersection of: • Cooper& Highway 78 • Oak& Jackson • Steel &Regency • Brown&Highway 78 • Martinez &Alanis Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code Annotated(Open Meetings Act). Deliberation regarding commercial or financial information that the WEDC has received from a business prospect and to discuss the offer of incentives for: • Project 2017-8a • Project 2017-8b Section 551.074 (Personnel Matters) of the Local Government Code, Vernon's Texas Code Annotated(Open Meetings Act). • Performance Evaluation—WEDC Executive Director ' CONVENE INTO OPEN MEETING ADJOURNMENT CERTIFICATION I certifi,that this Notice of Meeting was posted on this 15th day of September 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 mutes Wylie Economic Development Corporation Board of Directors Meeting Wednesday, September 5, 2017—7:00 A.M. WEDC Offices—Conference Room 250 South Highway 78 —Wylie, Texas CALL TO 0 ' I ER Announce the presence of a Quorum President Marvin Fuller called the meeting to order at 7:07 a.m. Board Members present were John Yeager, Demond Dawkins, and Bryan Brokaw. Ex-officio member Mayor Eric Hogue was present. WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner and Senior Assistant Angel Wygant. CITIZEN P 'TICIPATION With no citizen participation, President Fuller proceeded to Action Items. ACTION ITEMS ITEM NO. 1 —Consider and act upon approval of the August 16,2017 Minutes of the Wylie Economic Development Corporation (WEDC) Board of Directors Meeting. MOTION: A motion was made by John Yeager and seconded by Demond Dawkins to approve the August 16, 2017 Minutes of the Wylie Economic Development Corporation. The WEDC Board voted 4—FOR and 0—AGAINST in favor of the motion. DISCUSSION ITEMS ITEM NO. 2 —Discussion of issues to be placed on a future WEDC Board Meeting agenda (no substantial consideration/discussion allowed). No Board Members requested that an item be placed on future agendas. EXECUTIVE SESSION Recessed into Closed Session at 7:08 a.m. in compliance with Section 551.001, et.seq. Texas Government Code, to wit: Section 551.072 (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). Consider the sale or acquisition of properties located near the intersection of: • Cooper& Hwy 78 WEDC—Minutes September 5, 2017 Page 2 of 2 CONVENE INTO OPEN MEETING The WEDC Board of Directors reconvened into open session at 8:38 a.m. and took no action JOUR NT With no further business, President Fuller adjourned the WE-De Board meeting at 8:39 a:m: Marvin Fuller,President ATTEST: Samuel Satterwhite,Director ylie co o ic I evelo • e t or oratio • - I TO Samuel Satterwhite, Executive Direct() FROM: Angel Wygant, Senior Assistant SUBJECT: August 2017 Treasurer's Report DATE: September 14, 2017 Issue Consider and act upon approval of the August 2017 WEDC Treasurer's Report. Analysis From the Balance Sheet,page 1: Deposits - $2,000. This amount reflects a deposit WEDC paid to Wylie Industrial Court for the current location of the WEDC office. Loan Receivable - $55,114.40. 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 28 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 teuns 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 - $460,000. 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 - $100,000, McClure Partners - $50,000, Patna Properties - $10,000, ACG Texas - $35,000, Trout - $15,000, REVA Hospitality- $100,000. WEDC August 2017 Treasurer's Report September 14, 2017 Page 2 of 3 Balance Sheet,page 2: Deferred Inflow - $211,878.06. 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 August was $763.66 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 - $232.83. Interest earnings from the Wylie Ice Cream Holdings. Loan Repayment- $763.66. Principal payment from the Wylie Ice Cream Holdings. Rental Income — $9,900. DCU - $3,400, Delta-E - $800, Helical Concepts - $400, Wheels Unlimited - $2,800, Trimark - $2,000, Richmond Hydromulch- $500. Revenue and Expense Report,page 3: Office Supplies - $156.82. General Office Supplies ($88.83), Audio Recorder ($67.99). Food Supplies - $403.37. WEDC Board Mtg. Meals ($129.43), Rotary Brd Mtg ($9.02), Chamber Lunch& Learn($187.95), 4Most Selection Lunch($31.50), Rotary Mtg ($45.47). Incentives - $8,400. AMB Investments—Incentive 1 of 1 ($8,400). Special Services — $15,352.81. Mowing — ($2,420), Janitorial ($157.50), Environmental ($8,026.56), TCEQ ($2,248.75), As Built Eng. Survey-Bus Way($2,500). Advertising - $19,305. In & Around ($1,555), Dallas Morning News — Bluegrass Ads ($5,000), Radio Spots — Bluegrass ($4,000), Prestonwood MGA Sponsor ($2,000), Woodbridge Scorecard —($1,500), Cooksey Advertising Consultant ($5,250). Community Development - $3,935. New Teacher Luncheon ($165), WHS Pirate Sponsor ($20), Christ Care Tournament ($2,000), Wylie Hall of Honor Sponsor — ($750), Coventry Sponsor ($1,000). Travel & Training - $2,086.50. TEDC Sales Tax Training—Fuller ($175), TEDC Annual—Reg - Satterwhite ($585), TEDC Annual —Reg—Brokaw($635), BRE Deanan ($115), TEDC Annual Air —Satterwhite ($218.96), TEDC Annual Air — Brokaw ($218.96), Bus. Mtg/Prospect Recruitment ($138.58). k DC August 2017 Treasurer's Report September 14, 2017 Page 3 of 3 Dues & Subscriptions - $1,115.23. Club Corp Dues ($695.23), 11-1DC Dues—Satterwhite ($420). Audit&Legal - $700. Atty Fees—Investigation by Governmental Agency. Engineering&Architectural - $5,237. Hwy 78 Engineering Services - PSI. Land- Purchases—$70,982.31. Purchase of 105 N. Jackson. Recommendation Staff recommends that the WEDC Board of Directors approve the August 2017 Treasurer's Report. Attachments August 2017 Treasurer's Report Sales Tax Revenue Wylie Economic Development Corporation Statement of Net Position As of August 31,2017 Assets Cash and cash equivalents 939,526.84 Receivables 426,781.06 Note 1 Inventories $ 8,329,085.50 Prepaid Items Total Assets $ 9,695,393.40 Deferred Outflows of Resources Pensions 66,481.55 Total deferred outflows of resources $ 66 481.55 Liabilities Accounts Payable and other current liabilities 111,053.40 Unearned Revenue 217,114.40 Note 2 Non current liabilities: Due within one year 636,754.06 Note 3 Due in more than one year $ 3,976,099.86 Total Liabilities $ 4,941,021.72 Deferred Inflows of Resources Pensions 2,839.41 Total deferred inflows of resources 2,839.41 Net Position Net investment in capital assets Unrestricted $ 4,818,013.82 Total Net Position $ 4,818,013.82 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 August 31,2017, these commitments totaled$460,000.00 1-15_I01"E; f9E,12 All CITY YIT ATLI PAGE: I BALANCE SHEET AS 010. AUGUST I D SLL 2012: 1"..-l°;YLIIY a:CoNd mtc ArV'i CORE AOCO A'`9 'I'I'E'I,, I Islat^1011 EI CLAIM ON CASH 4 CASfl ,EM„e1.iE," 9EI1,31MI.za+l 1011II-1012S rEr I'El _ S*2>C - IN41oop II.9 1 101711--1112E5 ESaADIE 9,0E 1910-10180 DEPOSITS 2,606.00 1 ;1(:1-311190 OTHER - MISC. CLEARING 0.06 .tS°°71°34 IEXPIb1°Sf 0.00 1 0C}C1-ISS4E LOGES 0,00 10L-194SL INTEREST RECEIVABLE 1.,00" 1I -I15I.1 A..L"S ACC - MISC 0.00 1 Iik.-S1a1"r AITCFS AEC - sAIN TAX Oa:1 20E0-S21110 LEASE PAYMENTS RECEIVABLE 0.110 120I-12950 LOAN PROCEEDS RECEIVABLE 11.E 2000-IS2II6r LOAN RECEITABLE 5.>?a 114.S0.0 ILWO-12907 BETS RED JFE,TECS 0,00 1000 129'9S ACCES IN. FORI SEASLE LOANS 371,665.66 I011-1411E INVENTORY MATERI I& SOURLY 11.01 11 111-1 4 1 1 6 INVENTORY - LAND & BUILDINGS 8,321,055-00 1000-141111 INVENTORY -° BACECO,& 5!ALAN NVL7 0.00 10 Ill-1=I I10 ?REPAID EXPENSES E 0.00 0 1060611410 DEFERRED OUTFLOWS 46o,600,.11tI -- ..__.._.._...._- 111,I.53,+'P,}°,, l TOTAL 15EEI"S 10,165,303.40 $IANILIII.E„. 2.000 r 011 si FEDERAL, I1LC:OME "TAX PAYABLE I16 L11.: 10£1-2 111.I CHICK SUPPORT PAYABLE BL 0.60 000-2+0 s 3 CREDIT UNION PAYABLE 0.60 2E00-2E11"1 YRS i,1,511 PAYABLE 0.06 000.2 1115 NATIONWIDE DEFERRED COMP 0.00 20110-2 11+E HEAL"`I SItE131Pu ESE-EMPL#YIM ( 0,21)' ,2u14Q ?11I I , lIlE PAYABLE 0.00 2006--,111E ROTH IRA lAYAI,E 0.00 211110-011 9 woRKEas CONE PAYABLE 1.1Id1 000 20126 F''SA PAYABLE 6.60; K000-;"6121 TEl.':PAYABLE 11,00': 000-2012, STUDENT' LOAN LEVY':.PAYABLE: 17,1182. 2 10-261 3 ASIA0,Y`Y PAYABLE 0,60 2000-21 124 BANKRUPTCY, PAYABLE ii,11!I 2E00500126 EABIC DEEFE-VIA. COMP 0.00 2OD1I-201 TE -C'MAA PAYABLE 11.60 2000--20I I'E" IIIAl SERVICES PAYABLE' 0,00 21911-201E0 FLEXIBLE SPENDING ACCOUNT 1,9t11.00' 2I.7t°E0--201 131 E.F11 ARD LOUSE DEFERRED COMP 6.GE`1 2114C1-22132 FMI' L'ARFE FLETa 12.1141 2000 t':1;3 d ACCRUED WALES PAYABLE 0.I) 2000-101E0 ADL'TI 2>5''l,oYEl' ENSUE PA'n"... Cf"IIA'. 2`00 -20199 AIDS: PAYROLL PAYABLE 0.00 9-15-2017 08;15 AM CITY OE WYLIE PAGE; 2 BALANCE 0 DEFT AS OE t AUGUST 31ST. POI 1 Y L F7 CDR OM 7 87. REVEL COP It. it T 1TLE ------------------------- __ _7„._ 2 000-2 0201 AP PENDING 4.735.88 P PP-2021P ACC1CDEXTS PAYABLE 105,285.73 2 OPP-2 05 38) PROPERTY TAXES PARADED 20 PD-2 P5 40 DOTES PAYABLE 400,1NO,o 2000-20010 EDE TO GENERAL. FUND 20PG-222 7 DEFERRED INFLOW' 21k,1,14.40 2000-222 75 DXF MIII N - LEASE PRINCIPAL. 0 0 0 2000-222 0 0 DS FEED2P0 713FLOY1 - LEASE MI I00 2000-22 2 RENTAL DEE'OS ITS 6,000.00 TOTAT. L AR iT 1 XX 7E8, 0 7 o EQUITY 22 4.23.24 3 000-34 110 FUND BALANCE - RESERVED 0 00 3000-J4590 MND MI ANCE-UERESERV/PHDESIG 4 MI,35'7. AG • TOT AL EEG IN NIDE DOG T 0 22 9,357 4 TOTAL. 1181VEN NE 5,818,413.88 TOTAL PREEN sEs 3,880,545.69 REVENUE OVER/(UNDER EXPENSES 1,133.0.60.14 TOTAL PORTLY & OVER/N39118113 9,38234 22 1,1 0 TOT AY, LIEN&3 t. TIRE EQUITY OVER/1L1NDER 70,1553393.40 9-15-2012 08118 AM CITY OP wiLrE pAcE,, _ BALANCE SHEET AS OF: AUGUST 31.8470 2047 922-GEN 10N003 TERM DEBT (NEBO) ACCOUNT4 TITLE ASSETS loop-1p312 GOVERNMENT NOTES 0.00 1000-10410 LOAN - WMOC 0.00 10001418120 LOAN - NERNINGNAM 0.00 1000-18210 AMOUNT IO EP PROVIDED 0.00 10061,0220 BIRMINGHAM LOAN 0,00 1000-10050 OPE OUTFLOW 144 274822428 1000-19025 DEP OUTPLOW - INVESTMENT PEP 240331.48 1000-10100 DEP OUTFLOW - ACT ERPiASSOMP 40228,28 1000-191.25 (GAINI/LOSS ON ASSUMPTION CPU( 2081841) 634642,14 TOTAL ASSETS 630642.14 LIABILITIES As B.A.42. -2 so 2008-20310 CONBENNATWO ABSENCES SAYABLE 84 693.81 0 2000820311 COMP ABSENCES PAYABLE-CURRENT 0.00 2000-21410 ACCRUED INTEREST PAYABLE 40 630 85 2000-2820S REDO ToANNAPORRENT 6240044.21 2000-28220 BIRMINGHAM LOAN 0400 2000-28230 INWOOD LOAN 0.00 2000-28232 ANS LOAN/WPCS 0.00 2000-23213 AMP ICAN/PARDICORD WHITE 0820823.01 2000-28234 ANE LOANISANNACK HUoNES 203996.26 2000-A4235 ANB LOAN. 0000 2000-244230 ANB coNETSUBMI0M LOAN 0.00 2080-28220 ANSI LOAN/ WOODBRIDGE. PAERWAY 5464,201.60 2000-28238 AWB LOAN/BUCHANAN 4.620440,00 2000-26239 (41(11 1OAN/1ONES:ROPE114 PAYOFF 18006PP:04 2E008E8840 HUGHES LOAN 0.00 2000-28248 AMP LOAN/PALLAS WHIRLPOOL 2,000,00000 POOP-28E4N JARRARD LOAN. 2810072.44 2000 8862.80 CITY I NYTIP LOAN 0,.00 2000-NANA° Al-ONE NUTS LOAN 0.00 2000-A4210 ROWLAND/ANDERSON LOAN 0.00 °°D-2a28° CAPITAL GNE CAZAD LDAN 0..00 2000 828280 HOBART/COMMERCE LOAN 0000 2000-P9150 NET PENSION 01ABILIEM 1880612.17 TOTAL LIABILITIss 40612085082 EQUITY' 666—us 1000 63458O FUND BALANCE EHHHESILEV/UNDESIS( 004(360020450) 3088825800 UNRESTRICTED NET POSITION 1 114e969.00). TOTAL APOINNINO WOUITY 1 006504680.00) TOTAL REVENUE 1 E0800000000) TOTAI BERENS:ES 1 1,6010186,,121 9-156201# 08^15 AM CITY OF WYLIE7 FACEa 2 BALANCE SHEET AS OF: AUGUST 31.ST 2017 922 GEE TONG TERM DEFT (WEDC) ACCOUNT# TITLE REVENUE OVER/(UNDER)...EXPENSES ( 698,213.2B) TOTAL EQ.U1:Y & CVER/(UNDER) ( 4,549,211,78) '1'i?TAL LIABIIJTIES, EQUITY &. OVER((UNDER) 63,.642„14 3 sz-.15—'01 F MEI:18 AM CITY OF WYLIE PACE: I REVENUE AND EXPENSE REPORT - (UNAUDITED) AM OF: AUGUST 31MT, e 01 1 111—WYLIE ECONOMIC PERFL CORP FINANCIAL SUMMARY. CURRENT CURRENT PP rc"a1 YEAR Y-•.—1.1 F-4 E C; BUDGET 5 or t+s;:dGl4;re^r I I I It7o PO Alt ACTUAL ENCUMBRANCE BALANCE BUDDER 1?I:x3:r't=1g71E 1"I:E,t,4I711.3 TAXES 2,005,042.00201,532.71 1Y.P0 4,053,036.519 "d,E10745,,005.31 71.47 INTERGOVERNMENTAL REV„ 0.00 0.00 0.110 0.00 0.00' 0.00 0.0 INTEREST INCOME 14„338.00 1,421.56 0«040 16,:72.48 0.10 ( 4,0:84.98) 113,10 MISCELLANEOUS INCOME 1,550,05B- 10 0,900.00 0.00 74^1,104.11 0.00 113.dl,01*.El 47.41 4IT'Fy..E„ FINANCING SOURCES .w..__ ,.w..�aS�tJ•I1 .m_ 0TI1M n.00 7a 300g..¢100 00 11 00 I 2,300,000.00 _.:0.MEI 11}TaA1, REVENUES 4,E91r08(3.0 20EC14, 1 0.00 501310,413.A ,0+1 $'; 7E1,325,115I 1113 M3 F.x 4II 'I A I T.P.. " :14 1s.+9 3" DEVELOPMENT CORE_C^111+O 5,2830E11.0D 163,460577 c : RRM 4` R 1 4,535.00 1033114,630.31 73.53 TOTAL EXPENDITURES 50+1113:711.E11 63„ 114.`1h 1=.190 ,F1AM,54556 4,535_03 1,398,630.31 13.53 REVENUE .}TUR,I111IkfEB1 EXPENDITURES' 01413,023.11111': 1000,431.50 0.01 1.,734,A6€3,14 ,1 4 E3S,CIII 2,125,956.14) 114.111- 9-15-2017 08::18 AM CITY OF WYLIE PAGE: 2 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: AUGUST 31ST, ...2.017 111_-WYLIE ECONOMIC DEVEP, CORP REVENUES CURRENT CURRENT PRIOR YEAR Y-,'I-D Y--`I"--D BUDGET 5 OF BUDGET PERIOD CO ADdJU.ST. ACTUAL, ENCUMBRANCE BALANCE BUDGET TAXES 400040150 REV IN L.EIU OF TAXES 0.00 0,00 0.00 0.00 0.00 0 00 0.00 4000-40210 SALES TAX 2,691.642 00 261,572.71 0 00 1: 953 036.69 0 00 743 605.31 72.42 LOTAL TAXES 2,696,642.00 261,572,71 0,00 1,953,036.69 0.00 743,605.31 72.42 INTERGOVERNMENTAL .REV.. 4000 43518 380 ECONOMIC OMIC AGREEMENTS 0.00 0.00 0.00 0.00 0.00 0.00 0:00 TOTAL INTERGO17)=INMFNT;ALe REV. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 INTEREST INCOME -1080 46050'CEFTIFICATE OF DEPOSIT 0.00 0.00 0.00 0.00 0.00 0,00 0.00 000-'. 1IO ALL,OC'ATED INTEREST EARNINGS 2,430.00 425.07 0:00 3,119.79 0.00 (" 689,79) 128.39 -0100-46140 TEXPOOL INTEREST 0.00 0.00 (1,00 0:CO 0.00 0.00 0.00 41100-46143; .LOGIC INTEREST 0.00 0.00 0,00 0.00 0,00 0,00 0.00 .1003 466150 INTEREST EARNINGS 2,962.85 232.83 0.00 4,925.01 0.00 (' 1,962,16) 166,2.3 4060-4616'0 LOAN REPAYMENT (PRINCIPAL) 8,995.15 763.66 0,CO 8,228.13 0.00 766,97 91.47 100i1-461J,21HANK MI/SLY MARKET INTEREST 0e00 0.00 )400 -0.00 0,00 0.00 0.00 TOTAL INTEREST INCOME 14,388.00 1,421.56 0.00 16,277.9E 0.00 ( 1,884.98) 113.10 MISCELLANEOUS INC. OME 4000 48110 RENTAL INCOME 114,300.00 9,900.00 0.00 107,756.64 0....00 6,593.36. 94.28 4000-483.10 RECOVERY - PRIOR YEAR EXPIN 0.00 0.00 0.00 0.00 0.00 0,00; 0.00 4000-4641.0 MISCEI:LANF_OUS INCOME 115,758.00 0,00 0.00 0.00 0,.'00 IIS, '50,00' 0,00 4000-48430 GAIN/(LOSS) SA1"c; 0E CAP ASS 1,350, 100.00 0.00 0.00 641,347.52 0,00 108 657,48 47.51 TOTAL MISCELLANEOUS-INCOME 1,580,058.00 9,900.00 ..e..ea-0.00 /49,11) 0 830,953.84,- 4 .�:9,109.16 0.00 47.41 OTHER FINANCING SOURCES 4000 49160 TRANSFER FROM GENERAL FUND 0..00 0,00 0.00 0.00 0.00 0.00 0 „00 4000 49325 RANK NOTE PROCEEDS 0,00 0.00 0.00 2,300,000.00 0.00 ( 2,300,000.00) 0,00 4000-49550 LEASE PRINCIPAL PAYMENT;; (0 0 00 0.00 0.00 0.00 0.00 0.00 0 J 00 4000-49600 INSURANCE RECOVERIES 0,00 0,:D0 0.00 -0.00 G.DO 0.00 ___0,00 TOTAL OTHER FINANCING SOURCES 0.00 '0.00 0.00 2,300,000..00 0.00 ( 2,300,000.00) 0.00 TOTAL REVENUES 4,291,088.00 272,894.27 0.00 5,018,413.83 0.00" ( 727,32.5.83) 116.95 9-15-2017 06:18 AM CITY OF WYLIE PAGE-I 3 REVENUE AND EXPENSE REPORT, - (UNAUDITED) AS OF: AUGUST 31 OF, 2017 111-WYLIF ECONOMIC DIVOT CORP DEVELOPMENT CORP-WEDC DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-0 BUDGET 8 OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET , ----, ------------------------------ PERSONNEL SERVICES _. _. 5611-51110 SALARIES 278,413.00 20,660,52 0,61 242,397.43 0.00 36,015,57 87-06 5611-51130 OVERTIME 0.00 0.00 0.00 0,00 0.00 0,00 0.00 5611-51140 LONGEVITY PAY 1,168,00 0.00 0,00 1,168,00 0.00 0,00 100,00 5611-51115 SICK LEAVE BUYBACK 0,00 0.00 0.00 0.00 0.00 0,00 0,00 5611-51160 CERTIFICATION INCENTIVE 0.00 0.00 0.00 0.00 0.00 0,00 0.00 5611-51170 PARAMEDIC INCENTIVE 0.00 0.00 0.00 0.00 0.00 1)-00 0.00 5611-51210 CAR ALLOWANCE 12,433,00 969.26 0,01 10,978,85 0.00 1,454,25 88,30 5611-51220 PHONE ALLOWANCE 4,656.00 100.00 0.00 4,756.00 0,00 I 100=00) 102.1.5 5611-51230 CLOTHING ALLOWANCE 0.00 0.00 0 PO -, C.00 0.00 0.00 0.00 5611-51260 MOVING ALLOWANCE 0.00 0.00 0.60 0,00 0.00 0.00 0,00 5611-51310 TMRS 13,047.00 3,261.78 0.60 38,149.74 0.00 4,897.26 88.62 5611-51410 HOSPITAL & LIFE INSURANCE 33,951 .00 2,850.12 0.00 31,100.84 0.00 2,850,16 91.61 5611-51415 EXECUTIVE HEALTH PLAN 0.00 0.00 0.00 0,00 0.00 0,00 0.00 5611-51420 LONG-TERM DISABILITY 960.00 80.47 0.00 951.80 0.00 6.20 99 15 5611-51440 FICA 14,577.00 .1,282.86 0.00 12,66E1.58 0.00 1,910,42 86,119 5611-51150 MEDICARE 4,011.00 300.02 0.60 3,563.81 0.00 447,I9 38.615 5611-51470 WORKERS COMP PREMIUM 596,00 0.00 0.00 195.36 0.00 100.61 83.11 5611-51480 UNEMPLOYMENT COMP (TWO) 810.00 C.00 0,00 27.00 0 00 783,00 3.33 TOTAL PERSONNEL SERVICES 394,622.00 29,505.03 0.00 316,255.41 0.00 46,366.59 87.74 SUPPLIES 5611-52010 OFFICE SUPPLIES 5,500,00 156.82 0.00 1,498.77 0.00 4,001.23 27.25 5611-52010 POSTAGE & FREIGHT 980.00 0.00 0.00 26.69 0.00 953.31 2.72 56111-52130 TOOLS/ EQUIP (NON-CAPITAIO 0,00 0.00 0.00 0.00 0.00 0.00 0.00 5611-52810 FOOD SUPPTJES 2,250.00 403.37 0.00 1,473.76 0,00 776.24 65.50 5611-52990 OTHER 5,000.00 0.00 0.00 0'1.9° --„ 0399 5,00009 0,00 TOTAL SUPPLIES 13,730.00 560.,:9 0.00 2,999.22 0,00 10,730.78 21,84 MATERIALS FOR MAINTENANC u-- - - 5611-54630 TOOLS & EQUIPMENT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-54810 COMPUTER HARD/SOFTWARE 3,000.00 0,00 0.00 2,920.66 0,00 79.34 97.36 5611-54990 OTHER 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL MATERIALS FOR MAINTENANC 3,000.00 0.00 0.00 2,920,66 0.00 79.34 97.36 CONTRACTUAL SERVICES 5611-56030 INCENTIVES 1,135,281.00 8,400.00 0.00 734,088.83 0.00 111,192,17 62.16 5611-56040 SPECIAL SERVICES 381,851,00 15,352.81 0.00 246,111,38 3,335.00 136,404.62 65.115 5611-56080 ADVERTISING 144,700.00 19,305.00 0.00 5.5,741.00 0.00 68,959.00 38.52 .5611-56090 COMMUNITY DEVELOPMENT 52,000.00 3,935.00 0.00 35,310.31 1,200.00 15,159,69 70.27 5611-56110 COMMUNICATIONS 9,350.00 504.65 0.00 8,118.23 0.00 1,201.77 67.15 5611-56160 RENTAL 29,328,00 2,444.00 0.00 29,113.12 0.00 184.58 99,37 5611-356210 TRAVEL I TRAINING 38,848.00 2,086.50 0,00 36,478.06 0.00 2,369.94 93.90 5611-56250 DUES & SUBSCRIPTIONS 21,873.00 1,115.23 0.00 17,131.86 0.00 4,711.14 78.32 5611-56310 INSURANCE 4,310.00 0.00 0.00 3,266.43 0.00 1,043,57 75.79 5611-56510 AUDIT & LEGAL SERVICES 33,010.('0 700.00 0.00 28,790.49 0.00 4,219,51 67,22 5611-56570 ENGINEERING/ARCHITECTURAL 42,663,00 5,237.00 0.00 =17,612.07 0.00 ( 4,749.07) 111.08 5611-56610 0TIL7TIES-ELECTRIC 2,400.00 122 93 0.00 1 818.41 0.00 5E1 59 75 77 TOIAL CONTRACTUAL SERVICES 1,935,814.00 59,503.12 0.00 1,245,670.49 4,535.00 665,608.51 64.58 9--I5--20-17 Ofte70 AM CITY OF WYLIE PAGE: 4` REVENUE AND EXPENSE REPORT -- (UNAUDITED) AS OF„ AUGUST-:41ST, 2017 11.1--WYT,IE ECONOMIC: DEVEL CORD DEVELOPMENT CORD-WEIR DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T'--D LTDC7I T 5 OE 511DGET PERIOD PO ADJUST. AC:TUAI, ENCUMBRANCE BALANCE BUDGET DEBT SFFRVIL.F 3,..C:AP. REAL 5611 57110 (DEBT SJ•R5ICE 1,910,906.00 0.00 0.00 0,00 0.00 1,910,906.00 0.'00 561.1-57410 PRINCIPAL, PAYMENT 0,-00 55,969.30 0.00 1,601,766.72 0.00 ( 1,601,786.22) 0..00 S61.1.-57415 INTEREST EXPENSE. 0,:07) 17,923,1.3 0.00 186,591..23 0,00 ( 186,591,23) 1,00 561.1-57(10 BAD DEPT EXPENSI"5 0.00 0.00 0.00 0.00 0.00 0.00 1).0<0 TOTAL DEBT SERVICE & CAP. REAL+ 1,910,906.00 73,892,43 0.00 1,786,377,95 0.00 122,528.05 9.3.59 GAUT_TAT. OUTLAY 561.1 58110 LMD-PURCHASE [RICE 331,439.00 89,482,31 0,00 2,572,055.61 0.00 (, 2,240,616.61) 776.03 5611 581.20 DEVELOPMENT FEES 0.00 0.00 0 0G 0.00 0,00 0.00 0.00 5611--58150 LAN11-Rt9TPR!)1E7NTS 0.00 0.00 0,00 0.00 0,00 0.00 0.00 561) 58210 5TREE.7S & ALLEYS 686,700.00 0.00 0.00 490,644.68 0.00 196,055.32 71.45 5611-58910 SANITARY SEWER 0.00 0.00 0x.00 0.00 0..00 0.00 0.00 16)1.-588:)0 COMPUTE-R HARD/SOFTWARE 5,000.0C/ 0.00 0,00 3,,677.28 0.00 1,322.72 73.55 .6611-5 8 830 FURNITIJRE. I FIXTURES 2,500.00 0,00 0;.,00 0.00 0.00 2,500..00 0.00 .5611-573910 BUILDINGS 0.00 0.00 0,00 0.00 0.00 0.00 0.00 561.1-58995 CONTRA CAPITAL OUTLAY 0.00 f, 89,4.82.311 0.00 ( 2,572,;055.61) 0.00. 2,572.r.055.61 /0.00 TOTAL CAPITAL, OUTLAY 1,025,639.00 0.00 0.00 494,321.96 0.00 531,317.04 48,20 OTHER FINANCING (USES) 1 61 1 O 9 I ,_.. 11 1F<l.N.;G'GR 1'G GENERAL FUND 0.00 0'..:00 0 G4. 0.:.00. 0.01e: O.slf) O.OG ;h7.1-59190 TRANSFER TO THURU0l[A.R) IMP 0.00 0.00 0.00I 0.00 0,00 0.00 0.0) 561.1 59430 TRANSFER TO GAP TTAT. PRO,J PI) 0.0C 0,))0 0,0e0 0.00 0,i00% 0.00 0,00 5611-59990 PR0L7ECT ACCOUNTING 0.00 0.,00 0„01) 0. 70 O.0v9. 0.00 0.90 TOTAL OTHER FININCIN), (USES) 0.00 0.00 0.00 C.00 :0.00 C.00 0.00 `DOTAL DEVELOPMENT CORD-WFDC 5,.283,711.00 163,460.77 0.00 3,880,545,69 4,535.00 1,398,630.31 73.53 TOTAL )'\PENDITORES 5,283,711.00 163,460.77 0.00 3,8(30,545.69 6,531).00 1,398,630.31 73.53 REVENUE OVER (UNDER) EXPEND-IT-ORES ( 992,623,00) 109,433.50 0.00 1,137,868,14 ( 4,535.00) ( 2,125,956.14) 114,18-. ''** CND OF REPORT :1:.« 3-15-1=.017 61:12 AN..: E T A t 1a d:. 3 S 4 I Nr [.. DAG;<":: I: BUBB III-WYLI ECONOMIC DRIVEL c.NF PERIOD .i1 USE,.. Aum-2017 TURF :aim ;2017 DEPT cc 1 DEVELOPMENT CORR +^ED44.: ACCOUNTS: S611-5 A1.C) TURD 5611-6994 POST DATE Ti al 1 REFERENCE SACKED 6626DRESCRIBTIONssscsAs t{Ec4l) 4No4JE NOTE 66-.- -AMOUNT,'Avo ABAGSALABSIDA....., 611:- 2011 OFFICE SUPPLIES BEGINNING FAIAND E; 1„a%4 1.P" 3t14611 6r'14 A94183 1"idF� : 31134 02932 STA1I ,s11t1..x PPP, PENS 0093!1TI <"G11r4 i7e2alt:' ;1.1.t'413 1,431.+"41' 4C1T1r"_,7 Nfe^':1 A94119 DEB :?r80'11..:F4 i31�@++1 i?F/cl R,..r...�:tE&`ER'. .. .. 090912 921' AUOI<° L¥YHART 67,+39 1e498.71:. AUGUST aAs'1 IVI T`k' bB: 150.82 CA: 0.09 196.B2 5 12 S. l•1;3 POSTAGE 1 FREIGHT( BEGINNINGBALANCE 26.69 S 11da2i;llI 1 ar,Y1. EQUIP IStI7t3 "711fi3.E}; k3Eti , N N 1NG 3 .14 .4 SINCE; N.Il N,+,i4 r,�S211i(3 TOOL MA EQUIP 1100-64115.511.:. BEGINNING 3 1 I 4 41 c 1 0.00 5671.-51310 F14t411 SUPPLIES P E 1 I 11 1 1s+ 3 A.. 2 A d 5 1; 1,070.99 8 11,71"7 I1I 4 358044.' 16241 3E22210 Etf=1CIAS:S .7ER 927210 911,47 1,115.S6 91 1/1A 11 21 A1141713 1FF' 0004:4 93041 1«.'.DG BOARD MFG NEAL9.00Al2 B277 AlOIT 114I?SIeT 16.99 1,l34.16I SA21,r;"'1 DA21 A1141 d 3 1F"1': 5111=1414 1 341 ROTARY 41i 1 MI' N31: C3l`Itt4112 6217 AUG IT i/iIRFicT 3<92 1,1 1:1."+"c3 11,' 1/1'7 8/21 A94179 lcl'1u 000414 931141 CHAMBER F,34 T 1.1111H 000912 8277 rAUN14 1Y''N13N8z": 187,96 14431.71 BAIRI11;6 Ff a cYI1411'1 DDT: 009444 93941 Nll15f; BOARD ,3,.1,. NEAL 110091 8211 AUGI7 111F64N:T' 1/3'.53 1,34 ,26a 0221617 R 21 ;l94119 53'1°: 111761414 ')1)4 g 414U`11` :ELEC.. LUNCH cl 10'';12 627 Al)4.n1... 44:14Nx'a. 31..`s21. 14.473.T6 3r'21/ 1 9221 A94..119 ICsFT: 00041.4 93041 '4Cti;#L' 'r3511 11EC MEAL 0670012 11271 Al#t.11 Y1Y%3AluE 100.110: 1.a'711.76.': AG-776 A...., F AUGUST ACTIVITY z1Ft 403.27 1'41 0.00 409.4 SOTBEING FALANGE 9.00 S611-11Ie 30 `liik3L'a` 11 EQUIPMENT RE ° TNNIGG BALANCE 11"0$3 166ir!r.=.;.s,"401C5... COMPUTBD..31ARDA3 E"€` Alk E E tN ,I N1 A' I N 31 E3 1 L. :1 11 t' E 2,920.66 9-15-2017 8:12 Al DETAIL LISTTNC PAGE: 2 FUND ° 111-WY1JE ECONOMIC DEVEL CORP PERIOD TO USE: Au3-2017 THRU Aug-2017 DEPT ; 611 DEVELOPMENT COPP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAM # REFERENCE PACKET------DESCRIPTION-,------ VEND INV/JR g _________________________-_____-_-_________----------------------------------------------------------------------- 5611-54990 OTHER BEGINNTNG BALANCE 0,00 -----------------------------___-___----------------------------------------------...________--_____ 5611-56030 INCENTIVES BEGINNTNG BALANCE 725,688,83 8/11/17 8/11 A93377 163K: 091094 92302 AMB INVEST-INCENTIVE 1/1 004880 31 080917 8,400.00 734,088.83 AUGUST ACTIVITY DB° 8,400.00 CR: 0.00 8,400.00 _______________-----------------------------------------------------------------_______------------------------ 5611-56040 SPECIAL SERVICES BEGINNING BALANCE 232,758.57 8/07/17 8/07 A92871 CHK° 090969 92571 MOW-FLWR SHOP 001973 072617 WEDC 45.00 232,803.57 8/07/17 8/07 A92871 06)6: 090989 92571 MOW-31001 PROD C01173 072617 WEDC 60.00 232,863.57 8/07/17 8/07 A92871 CHK: 090989 92571 MOW-COOPER-NXT TO WA 001173 072617 WEDC 60.00 232,923.57 8/07/17 8/07 1592671 03116: 090989 92. 71 MOW-COOPER CURVE 001173 072617 WEDC 60.00 232,983,57 9/07/17 5/07 2792871 CHK: 090989 92571 MOW-GLD & SLV BLDG 001173 072617 WEDC 120,00 233,103.57 8/07/17 8/07 892871 613<: 090989 92571 MOW-LOT BY 1,30/717 001173 072617 WEDC 120.00 233,223.57 8/07/17 8/07 A92871 CHK: 090989 92571 M06-544 LOT BY RR 001173 072617 WEDC 120.00 233,343.57 8/07/17 8/07 1592871 CHK: 090989 92571 NUN [NY 78 001173 072617 WEDC 175.00 233,513.57 8/07/17 8/07 A92871 CHK: 090989 92571 MOW-COMM/P.O. LOT 001173 072617 WEDC 180.00 233,698.57 8/07/17 8/07 292872 01)6: 090990 92571 TCE0 VCP 1010.1ERCF-MAY 17 001320 VC)0041349 MAY17 351.25 234,049.52 8/07/17 8/07 A92873 0131<, 090991 92571 TCEQ VCP COMMERCE-MAY 17 001320 VCP0041350 MAY17 1,897.50 235,947.32 8/14/17 8/14 1593499 CHK 091131 92832 ENVIR-CORMERCE 004337 24610 01459.001 1,944.59 237,891,91 8/14/17 8/14 A93500 CHK: 091131 92832 E34018-HWY 78 VCP 004337 24611 01459.008 5,298.66 243,190.57 8/14/17 8/14 1593501 0311<: 091131 92832 ENVIE-KIRBY-SOIL MGM 004337 24612 01459,009 783.31 243,973.85 8/15/17 8/15 A93549 CEK: 091144 92850 JANITORIAL - AUGUST 002330 5583 157.50 244,131,38 8/22/17 8/22 A94252 11,3<: 09 ,311 93080 M041-6'DOH 001173 0611:7 15.00 244,176,38 8/22/17 6/22 A94282 CHK: 091311 93080 MIll- NEXT TO WALCS 001173 081117 60.00 244,236.38 8/22/17 8/22 1594282 113K: 091311 93080 MOW-CPR BY RR 001172 081117 60.00 214,296.38 8/22/17 8/22 1594282 1HK: 051311 93080 MOW-00F1 PROD 001173 081117 60.00 244,356.38 8/22/17 8/22 2794262 01)6: 091311 93080 0)0W-544 BLDG 001173 081-i17 120.00 244,476.38 8/22/17 8/22 A94282 CHK: 091311 93080 MON-544 LOT 001173 081117 120,00 244,596,38 8/22/17 8/22 2794282 C113<: 091311 93080 MOW-544 CTY COT 001173 061117 120.00 244,716.38 9/22/17 8/22 A94282 0113<: 091311 93080 MO6-13139' 78 001173 091117 175,00 241,891,38 8/23/17 8/23 A94347 0311<: 091322 9.1102 MOW-544 & HW 78-13119' 003627 1216 360.00 215,251.36 8/23/37 5/23 A94347 CHK: 091322 93102 MOW-544 & HW 78-1500 003627 1216 360.00 215,611.38 5/28/17 8/28 A94578 0I31<: 091.395 93180 AS BIT ENC. 5TDY-B09 WAY 004895 0080381 2,500.00 248,111.38 AUGUST ACTTV1TY DR: 15,352.81 CR: 0.00 15,352.81 __-_________-_________________________________----------------------------------------------------------------- 5611-56080 ADVERTISING 9-1D-2017 8:12 AM DETATT, 31STING PAGE: 3 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Aug-2017 THRH ADq-2017 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAN it. REFERENCE PACKETEDE --,DESCRIPTIONE,3-3-- VEND INV/3E if BEGINNING BALANCE 36,436.00 8/07/17 8/07 A92869 GDIE: 090992 92571 IN S AROUND - JULY 000391 I4632 V.I.F.,DC J,555,00 37,991,00 8/07/17 8/07 A92906 CUE: 090997 92582 DMN - BLUEGRASS ADS 003564 56,3349 5,000.00 42,991,00 8/15/18 8/15 A93615 CBE: 091161 9286B PRESTONWOOD MGA SPONSOR 004680 OP.09,17 WEDC 2,000.00 44,991.00 8/18/17 8/18 A94030 CHF: 091271 93006 BLUEGRASS RADIO SPOTS 004885 le10282680 WEDC 3,790,00 48,781.00 8/18/17 8/18 A94031 GHK: 091271 93006 BLUEGRASS RADIO SPOTS 004885 W303.52516 WEDC 210,00 4E1,991,00 8/23/17 8/23 A94338 CHK: 091342 93102 WOODBRIDGE SCORECARD AD 000832 081717 WEDC 1,500,00 50,491,00 8/23/17 8/23 A94346 CHK 091328 93102 CONSULTANT- REG. ADV CAM 003816 5206 WFDH 5,250,00 55,741.00 H-33,3=H3,33-3-3-3: AUGUST ACTIVITY DB: 19,305.00 CR2 0.00 19,305.00 5611-56090 COMMUNITY DEVELOPMENT BEGINNING BALANCE 31,405.31 8/14/17 8/14 A93489 CBE: 092132 92832 NEW TEACHER LUNCHEON 000466 8419 WEDC 165,00 31,570.31 8/21/17 9/14 B58034 16247 .1E27210 RECLASS JE# 027210 25,00CR 31,545,31 8/21/17 9/14 B58034 16247 jE27210 RECLASS JE# 027210 45.47CR 31,499,84 8/21/17 8/21 A.94159 DFT: 000414 93039 WES-PIRATE-SHONE 000912 8277 AUG17 SATTERW 20,00 31,519.84 8/21/17 8/21 A94179 EFT: 000414 93041 RUC MTG-CHRIST CARE 000912 8277 ADG17 WYHANT 25.00 31,544,84 8/21/17 8/21 A94179 DET: 000414 93041 ROTARY BRD MTG MEAL 000912 8277 AUG17 WYHANT 45,47 31,590.31 8/22/J7 8/22 A94256 CUE: 091308 93074 CHRIS, CARE TOURN SPONSO 000384 091317 WEDC 2,000.00 33,590.31 8/22/17 8/22 A94259 CHK: 091309 93074 WYLIE HALL OF HONOR SPON 005940 081717 WEDC 750.00 34,340,31 8/23/17 8/23 A94344 CHK: 091329 93102 COVENTRY SPONSORSHIP 002639 082117 WEDC 1,000,00 35,340.31 HHH-3=-33-3--E- AUGUST ACTIVITY pn, 1,005.43 CR: 70.47CR 3,935.00 ---------------_-_----------------------------------------------------------.-----_________ ,,,,,________ 5611-56110 COMMUNiCATTONS BEGINNING BALANCE 7,643,58 8/07/17 6/07 A92879 ODE: 0909E35 92E71 INTERNET SVC - WEDC 004568 2101577989 ..11.,25-AU 202,30 3,845.68 8/18/17 8/18 A94025 CUE: 091275 93006 TABLET SERVICE:EWE-DC 001797 82249879907 JUT:17 , , R/21/17 8/21 A94I59 DET: 000414 9E039 TELEPHONE SERVICE 000912 8277 ADG17 SATTERW Iso.3a 8,148,23 HE,HHHH333HHHHH AUGUST ACTIVITY DR: 504.65 CR: 0,00 504.(5------------------------------------------------------------------------------------------------------------------------------------ 5611-56180 RENTAL BEGINNING BALANCE 26,699.42 8307/17 8/07 A92905 CHK: 090995 92582 COPIER RENTAL 003509 99772 WEDC 194„00 26,893.42 B/23/17 8/23 A94345 GEE: 091344 93102 OFFICE RENT-SEPT 17 003231 082117 SEP17 2,2002.00 29,143.42 -333 H3E3.33333333 AUGUST ACTIVITY DB: 2,444.00 ER: 0,00 2,444.00 9 9-15-2017 6:1.2 AM DETAIL L I S T N G PAGE: 4 FUND 111-WYLIE ECONOMIC DEVE;I. t'om, PERIOD TO USE: Aug-201.7 TSIRCI Aug-2017 DEFT : 611 DEVELOPMENT C:t)k;^:`gPEDC ACCOUNTS: 5611-52010 THRU 5611-50910 POST' DATE TRAN 4 REFERENCE: RACKET BRSC'.RIPTION VEND INVB E # NOTE -AMOUNT-GB- --BALANCE-- --_-- 5611-56210 TRAVEL 6 TRAINING BEGINNING B A.L A.N C..P. 34,391.56 8/21/1.7 9/14 D58031 16247 7E2 2.80 RECAA:S3 JE# 027210 25.00 34,416.56 8/21/17 6/21 A.94159 DST: 00047.4 93039 BUS MTG-PRU,SAK --3 000912 8277 AUG17 Sh.`.TTERW 62.18 34,478..74 8821/17 ;8/21 A94359 OFT: 000414 93039 }=.➢Y.S MTC;--77AMER.SON-3 0009,12 9277 AUG17 SATTE:RW 51.40 34,530.14 8/21/17 8/21 A94179'DFIG 000414 93041. TEDC BIZ TX TR-FULLS 000912 8277 AUG17 WYFANT 175.00 34,705.14 8/21/17 8/21 A9417.9 OFT: 000414 93041. TASK ANN1 REG SAT`tER 000912 8277 11CG17 /7YTTANT 585.00 35,290.14 8/21/1.7 6121. A94179 OFT: 000414 93041. TEDC A?NNL REG-BROKAW 00091.2 8277 AUG17 WY:3AN'T 635.00 35,925,1.4 8/21 817 8/21 A941"79 :OFT: 0004:14 93041 BRE 173°71NAN LUNCH 000912 A277 AUG17 WYNANT 115.00 36,040.14 #21817 6/21 11.94178 DL°ID 000414 93041. TEDC AIR-BROKAW 00091.2 8277 AUG17 gaYHANT 218,96 36,,259.10 8/21/1.7 8/21 A94179 OFT: 000414 93041. TEDC. AIR--S TTERWHITE 000912 8277 AUG17 WYHAN"T 218.96 36,478,06 - .8=^='4.^-* AUGUST ACTIVITY DR: 2,086,50 C:R':. 0,00 2,O86,50 5611-5 62 2 0 PROFESSIONAL TRATNING BEGINNING B A..L.:A N' C. E 0,00 5611-56250 DUNS & SUBSCRIPTION'S .. BEGINNING BALANCE 16,016,63 8/21/17 8/21-A94159 .OFT: 0004.14 93039 CLUB CORP: DUES. 000912 8277 AUG17 ,ATT RW 695.23 16,71.1..86 8#21./I# 8/21 A94179 DDT: O00414 93041 TEL7t': DUBS 000912 8277 AUG17 WYHANT :420,00 1.7,1.31..86 AUGUST ACTIVITY DB: 1,115.23 CR: 0.00 1,11.5.23 561'.-_`i63'i0 INSURANCE BEGINNING BALANCE 3,266.43 5611-56510 AUDTT & LEGAL SERVICES REGTNNTNG BALANCE ,"090.49 8/18/17 8/18.A94057 CHK: 091273 9300:9 ATI".C-GENERAL ,RMA 000023 96-2793-0001M WEDO '700.00 2R,'?90,A9- .B8TB _.T.�__. _ AUGUST ACTIVITY DB: 700.00 CR: 0.00 700..00 561.1--56570 EN,INEERTNG/ARCHTTECTURAL BEGINNING BALANCE 42,.375.07 8/23/17 8/23 A94139 COX: 091.316 93102 HWY 70 ENGINEERING ,SVC 000968 00517454 WRDC 5,237,00 47,612.07 AUGUST ACTIVITY DB: 5,237,00 CR: 0.00 5,237..00 9-15-2017 8:12 AM DETAIL LISTING 1! 5 FUND . 111-WYLIE ECONOMIC DEVFL CORP PERIOD TO USE0 Aug-2017 THRU Aug-201.7 DEIPT ; 611 DEVELOPMENT CORP-WEDC ACCOUNTS° 5611 .520I0 'T`ERU 5611-58910 POST DATE'TRAM fi` REFERENCE PACKET -DESCRIPTION- VEND INV/3E: # NCITI? --21i97kt7NT- :3,+-1T.t1NCE 5611 56610 UTILITIES ELECTRIC BEGINNING BALANCE 1,395,4E 8/07//17 8/07 A92902 H16: 090998 92582 UTILITIES-ELECTRIC JUN17 003302 1171666160 'v2„DC 660 1.47,59 1,543,07 8/07/17 8/07 A32903 CHI'0: 090998 92582 UTILITIES-WATER JUI11 T 00 302 :2210401 L'7EDC a[1EI 71.13 1,614,20 8/07/17 8/07 A92904 CHK: 090998 92582 UTILITIES-CAS JUN1.7 003302 3029287066 11E.971" .1&S" 12.84 1,627.04 8/28/1.7 0/28 A94566 CHK: 091399 93180 UTILITIES-ELECTRIC 003302 1801606189 'IN-AG` 161,61 1,760.65 65 8/28/17 8/28 094567 CHK: 091::399 _93180 UTILITIES-WATER O03302 122-1040-0 110L1:' 16.92 1,805.57 8/28/1.7 :6/28 A9.4568 CHK: 091399 :931.80 UTILITIES-GAS 003302 1029287066 an0$.se7 12.84 1,.818.41 666760667766666 AUGUST ACTIVITY DHr 422.93 CR1: 0.00 422.93 3 f611-57110 DEBT SERVICE BEGINNING D AL A N CE 0.00 5611.-57410 PRINCIPAL PAYMENT B E G IN NIN G; tEA. L A N CE 1,.545,817.42 8/02/17 8/03 B57575 Bnk Dlt 080217 16117 JE26979 166M PMT #23 JE# 026979 8,020,40 x L =0,830.82. p 8/10/17 8/24 B57779'Bnk Dft 081017 16158 jE27044 PEDDICOED/WHITE PMT#32 JE# 027049 5,409,46 L559,240,885 8/15/17 8/24 B57800-Enk Dft. 081517 -16163 3E27067 WE PNWY PMT #;36 3E4! 027067. 11,981.91 1,674,22.67606 8/22/1.7 8/26 B57652-Bnk Dfn 082217 16186 JP.27107 BUCHANAN PMT #36 JE# 027107 6,778.95 1,678,008,14 8/22/17 8/28 E57853 fink Oft_ 082217 16106 1E27108 JARRA D PROPERTY - 8 JE# 027108 2,036,82 1,rr80,C48.81 8/23/i"7 8/28 B57859 Bnk t7`t 082317 16187 JE271 l3 EDGE PMT #14 JE8 0271.13 11.,775.50 1,081,820,46 8/30/17 8/:31 B57904 Bnk D`t 08307.7 16204 JE27144 HUGHESa/RANDAC C PMT #57 dlE i'h 027144 9,966.26 10 601,708,`F; 66 6666666 AUGUST ACTIVITY DE1 55,969.30 C R, 0.00 55,969.30 5611-5 7 4 1 5 INTEREST EXPENSE BEGINNING BALANCE 168,660, 0 6/02/17' 8/03 857.575 flak Df't- 080217 1617.7 JD26979 K&M PMT 423 JE,# .026979 724.85 169,392,95 8/10/17 8/24 B57779 Bnk Dft 081017 1615E jE27049 PiEDDICCORD/WHITE PMTi#32 JE# 027049 1,972,99 171,365,94 8/15/17 8/24 tB 57800 :Fink D::f:..:08151.7 16163 JE27067.WE PKWY PMT ;#36 JE# 027067 1.,286.02 172p651.96 8/22/17 -8/28 B57852 Bnk D`1. 082217 16186 JE27107 EiUCHANAN PMT #i36 JE# 027107 553.00 173,204,56 8/22/1.7 8/28 B57853 Bnk Dft 082217 1.6186 11E27106 Sr1.EtRARD.PROPERTY #8 JE# 027108 1,072.33 1.74,,277,29 8/22/17 8/28 B57054 Bnk I+fn 08221.7 16186 15E271.09DATIAS WHIRLPOOL, SMT#9 JE#:027109 6,888.89 181,166.18 8/23/17 8/28 B57€59-Bnk Dft 082.317 16187 3E27113 EDGE PMT #14 JE# 027113 5,284.31 186,450.45 0/30/17 8/31 F557904 Bnk Dff. 0013017 16204 JE27144 HUGHESffR1tiQDACK PMT #57 JE# 027144 140.74 186,891.23 AUGUST ACTIVITY DB 17,923,1.3 C.R: 0.02 17,923.1.3 0-959E049 6:42: AM EETAEL LtsTrNG PAGE! 6 PENA ! 111-WYLIE. ECONOMIC DE,0EL P'„OE,H PEPEOD TO 41,PE APE'9014 TURU 14AA-2014 DEPT ; 611 DEVELOPMENT EOPE-WEAA: ACCOUNTS: .9044-92040 'PERU 5611-Seal° POPE PEEP TRAM 4 EEHRHENE PACKETALAAAADESCEIHTT07499999A-9 VEND INVAJE f NOTE A 99 AAMOUNT9999 99APH21 11NEELAAA 519 A5Y7La BAD DEBT EY0'10NHE. A. „, ,_ BEAINNINA ass, sss s 0,900 5611-5R110 LAND-PURCHASE PRICE HEETNNTHG BALANAs 44,402E5E0,30 AEHAA1O 9/22 A94283 CAE! 001910 93080 100 N. jACKSON PURCHASE 00E404 101090E914 70,982,31 2,553,590!.,,„61. 8/24.049 0/44 B58010 1622g EEEPI0H AECLASS DEPOSIT JEO 0E7494 49,500„00 2,5740,,090.69 994APPAAA-9-9 AUGUST ACTIVITY OHT. $9,482,31 CR: 0,00 094482,44 - - - - - - -------- - - - ------------ - - S611 9'984E9 DEVELOPMENT FELA ssurENTEG BALANCE 0440 AP11A4444190 LAnD-BETTERMENTS a HNINE BALANCE 0,00 9641-98210 STREETS & ALLEYS BEGINNING BA. LANET„..: 4P42944'68 9641-S8410 SANITARY SEWHE BEGINNING E 'FLAN s E 0,00 - - - ----------------------- --A-- -__---___------_----- ------_--_--------_-_ „ - 611-59840 COMPUTER HARDESOFT'AAE assiNNINA BALANCE 909E4.28 5611-5883g FURNITURE 4 FIXTURES BEGINNING BALANCE 0900 - - - -------------- ------------ - - ----_______ -_--______ - -________ HALL-58510 BULLOIN'Es HE94NNING BALsssE 0,00 9-15-2017 8:12 AM DETAIL LISTING PAGE: 7 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Aug-2017 THRU Aug-20151 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 8611-52010 THRU 5611-58910 POST' DATE TRAN # REFERENCE PACKET--5-5=DESCRIPTION8-===== VEND INV/JE # 000 ERRORS IN THIS REPORT! ## REPORT TOTALS ## --- DEBITS --- --- CREDITS --- BEGINNING BALANCES; 5,8B2o9084 0.00 REPORTED AETIVITn. 2,23050'6..52 70,48CR ENDING BALANCES: 6,106,416-36 70.47ER TOTAL FUND ENDING BALANCE: 6,106,345.,89 1-1 -:}a6 1 £I:IT AM: 4 Ee T ? I L t I S T I 1° G PAGE: SELECTION ORITF IA FUND, Ik:CI4t6#': III PERIOD TO USE: Aug 201`3 ISRM Aug-2017 TRANSACTIONS: BOTH ACCOUNT SELECTION Si:C 0F,NT RANGE: StII£ 2010 TI¢IIL 2. I I DEPARTMENT ENT RANGE TIIRLi ACTIVE FUNDS DNLVFNO ACTIVE ACCOUNT ONLY:: 1INCLUDE RESTRICTCO ACCOUNTS: Ho DIGIT SELECTION: I R'INT CI+I''T/ONS. DETAIL MIT ACCOUNTS WITH NO ACTIVITY III1 (LIN It=•D11N R grW F, NO LIEN. VENDOR, NAME: NO PRINT PROJECTS: 10 PRINT JOURNAL ENTRY NOT IS. N PIIIINT MONTHLY' '»`O':'tni,S YES PRINT GRAND TOTALS NO PRINT: I`VtDICE 11 FACE NILI EY: NONE Wylie Economic Development Corporation Balance Sheet Sub Ledger August 31, 2017 Notes Payable Date of Rate of Principal Purchase Payment Beginning Bal. Principal Interest Interest Balance August 1, 2017 4,390,789.66 ANBTX-88130968 HUGHES/RANDACK(#57 of 60) 10/23/12 10,107.00 40,876.76 9,966.26 140.74 3.99 30,910.50' ANBTX-88130976 WOODBRIDGE PKWY (#36 of 60) 8/15/14 13,267.93 572,647.35 11,981.91 1,286.02 2.61 560,665.44 ANBTX-88148481 BUCHANAN(#36 of 60) 8/13/14 7,331.95 176,019.80 6,778.95 553.00 3.77 169,240.85 ANBTX-88149711 PEDDICORD/WHITE(#32 OF 120 12/12/14 7,382.45 563,711.50 5,409.46 1,972.99 4.20 558,302.04 ANBTX-88158043 K&M/HOBART(#23 of 48) 9/2/15 8,745.25 217,455.58 8,020.40 724.85 4.00 209,435.18 ANBTX 88157334 LINDUFF/EDGE(#14 of 15) 10/21/15 17,059.81 534,124.95 11,775.50 5,284.31 4.00 522,349.45 ANBTX-88158357 DALLAS WHIRLPOOL(#9 of 60) 11/22/16 6,666.67 2,000,000.00 0.00 6,888.89 4.00 2,000,000.00 JARRARD GRAYS AUTO(#8 OF 120) 12/1/16 3,109.15 285,953.72 2,036.82 1,072.33 4.50 283,916.90 August 31, 2017 $55,969.30 $17,923.13 4,334,820.36 Wylie Economic Development Corporation Inventory Subledger August 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. Ind Ct-Hwy 78 7/06 -4/16 Ind Ct-Hwy 78 3.32 1,928,306 Jarrard 12/22/16 201 Industrial Ct 0.29 32,893 3,900 300,493 2,228,799 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 n/a 150,964 McMillan 8/24/17 105 N. Jackson 0.26 n/a 89,482 1,207,438 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 25.92 $876,959 44,974 $8,329,086 $8,329,086 *A Journal entry was made by auditors to adjust the cost of the Hughes land by$4,638.79. This amount was for taxes owed and not part of land value. *Prime Kuts total purchase price was$306,664.45. The distribution between 207 Industrial and R.O.W. purchased was developed by Seller for tax purposes. (**) Costs Basis adjusted for partial sale of property(.28 acres or 22.76% of the property at a cost basis of$170,755.53). WEDC EXECUTIVE I C J P MorganChase Expense Report July 2017 DATE PAYEE AMOUNT BUSINESS PURPOSE INDIVIDUAL/GROUPS PRESENT 08/02/17 Cytracom 188.38 Telephone Service n/a 07/15/17 Club Corp 695.23 Dues n/a 07/18/17 69 62.18 Bus. Mtg Satterwhite, Prusak(3) 07/21/17 La Joya 51.40 Bus Mtg. Satterwhite, Jamerson (3) 08/04/17 Woodbridge Golf Club 20.00 WHS Booster Event n/a TOTAL 1,017.19 WEDC Senior Assistant JPMorgan Chase Expense Report July 2017 DATE VENDOR PURPOSE AMOUNT 7/11/17 Kro•er WEDC Board Mtg Meal 18.90 7/12/17 Jimmy Johns Lunch& Learn Luncheon 187.95 7/12/17 McDonalds WEDC Board Mtg Meal 10.53 7/17/17 TEDC Fuller-Sales Tax Training 175.00 7/18/17 IEDC Satterwhite-Annual Dues 420.00 7/25/17 Napolis Cooper/Wygant-Christian Care 25.00 7/26/17 Tom Thumb Rotary Board Meeting Lunch 9.02 7/26/17 Jimmy Johns Rotary Board Meeting Lunch 45.47 7/27/07 Jimmy Johns 4Most Selection Committee Mtgf 31.50 7/28/17 Chilosos BRE- Deanan 115.00 7/31/17 TEDC Satterwhite-Annual Conf. Reg 585.00 7/31/17 TEDC Brokaw-Annual Conf, Reg 635.00 7/31/17 Southwest Satterwhite- Flight-TEDC Annual Conf, 218.96 7/31/17 Southwest Brokaw- Flight-TEDC Annual Conf. 218.96 7/31/17 Italian Villa WEDC Board Mtg Meal 100.00 8/2/17 Amazon Audio Recorder 67.99 Total 2,864.281 WEDC Leasehold l er Amount Tenant Address Due Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Helical Concepts 1st 710-711 Cooper $400 11/29/16 12/22/16 1/25/17 2/27/17 3/22/17 4/27/17 5/25/17 6/23/17 7/25/17 8/25/17 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 7/18/17 8/18/17 9/14/17 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 7/3/17 7/26/17 9/7/17 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 7/10/17 8/7/17 9/8/17 half 1&Half` Austin/Said LLC 1st 605 Commerce $2,000 12/27/16 2/13/17 3/17/17' 4/13/17 5/12/17, 6/16/17 7/11/17 8/21/17 8/29/17 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 7/11/17 ' 8/21/17 8/29/17 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 6/30/17 7/28/17 8/23/17 Auto Hail 1st 908 Kirby $3,000 12/9/16 n/c n/c n/c n/c 5/8/17V 6/1/17 6/30/17 Out Delta-E 1st 201 Industrial Ct $800 1/6/17 1/25/17 2/23/17 3/23/17 4/24/17 5/22/17 6/20/17 7/24/17 8/29/17 (*)Austin/Said LLC-March 2017 payment for 605 Commerce waived due to environmental remediation,removal of slab section,and roll-off dumpsters impeding access. WYLIE ECONOMIC DEVELOPMENT CORPORATION SALES TAX REVENUE FOR THE MONTH OF SEPTEMBER 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 159,973 212,620 223,571 10,951 5.15% AUGUST 216,962 268,976 261,573 -7,403 -2.75% SEPTEMBER 195,347 197,339 210,974 13,635 6.91% OCTOBER 160,876 201,506 NOVEMBER 226,078 270,426 Sub-Total $2,191,785 $2,481,757 $2,164,011 $154,186 7.67% AUDIT ADJ TOTAL $2,191,785 $2,481,757 $2,164,011 $154,186 7.67% WEDC SALES TAX ANALYSIS $300,000 • $250,000 11 , 1 , 1 . ] . $200,000ii ] . rtt,$150,000e N a) I E = ' `m Q 2 2, a' E 8 a a) ylie co 0 ic Pevelos e t or or tio • - a II TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: Patna Properties, LLC Performance Agreemen DATE: August 23, 2017 Issue Consider and act upon an amendment to a Performance Agreement between Patna Properties,LLC and the WEDC. Analysis To qualify for incentive payment#2 of 2 in the amount of$10,000, Patna Properties is required to meet the following requirements: 1) Provide documentation to the WEDC supporting a minimum valuation of$707,000 for real and business personal property located at 615 State Highway 78 South; and 2) Certify that all ad valorem property taxes were paid in full no later than January 31, 2017. Patna Properties is in compliance with the performance measure pertaining to a minimum valuation (real property is at $1,014,230 and business personal property is at $58,325 totaling $1,072,555). However, 2016 property taxes were not paid until April 3, 2017. Patna indicated that the late payment was due to an address change. Given that Patna Properties is current on property taxes, penalties and interest, and has complied with all other terms of the Performance Agreement, staff believes that the spirit of the Agreement has been upheld and recommends that the Board approve a First Amendment to the agreement allowing for an extension of the date by which ad valorem property taxes and fees must be paid to April 3, 2017. Recommendation Staff recommends that the WEDC Board of Directors approve a First Amendment to Performance Agreement extending the date by which Patna Properties, LLC must have ad valorem property taxes paid to April 3, 2017 and approve the payment of Incentive No. 2 in the amount of$10,000 per the terms of the Performance Agreement. Patna Properties, ;' August 23, 2017 Page 2 of Attachments Performance Agreement Patna Letter— 8/30/17 Real Property Appraisal Business Personal Property Appraisal Tax Statements First Amendment to Performance Agreement PERFO ' ANCE AGREEMENT Between WYLIE ECONOMIC DEVELOPMENT CORPORATION And Patna Properties,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 Patna Properties,LLC a Texas Corporation(the "Company"). RECITALS WHEREAS, the Company is desirous of making real and personal property improvements in the form of a 4,283 square foot medical office building(the "Project"). The project will have an estimated cost of Seven Hundred Thousand Dollars ($700,000) and will be located at 615 State Highway 78 South in Wylie, Texas (the"Facility"); and I REAS, the Company has requested that the WEDC provide economic assistance to offset the cost of the construction and acquisition of inventory for the Project and other expenses associated with constructing the Facility in the City of Wylie,Texas; and AS, the construction of the Project in the City of Wylie, Texas will ultimately create"primary jobs",as that term is defined in the Act; and ' °I " AS, 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, THEREFO , 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 Thirty Thousand Dollars ($30,000.00) (the "Economic Development Incentives"). The Economic Incentives will be paid according to the criteria set forth herein with the WEDC's obligation to pay the Economic Development Incentives terminating on November 1,2017. Upon meeting the qualifications and requirements (the "Performance Requirements"), the Company shall be entitled to the following Economic Development Incentives: Page 1 of 5 C:\Users\Sam Satterwhite\Documents\Word FilesTatna PropertiesTerformance Agreement 2.doc Economic Development Incentive Payment Schedule: Expected Cost/Value of WEDC Total WEDC Eligibility Year Incentive Improvements Incentive Incentive Expiration 2016 No. 1 $700,000 $20,000 $20,000 10-1-2016 2017 No. 2 $707,000 $10,000 $30,000 10-1-2017 II. Performance Requirements for Economic Development Incentive. a. Incentive No. 1: An Economic Development Incentive of Twenty Thousand Dollars ($20,000) will be paid to Company upon completion of the following Performance Requirements for Incentive No. 1: 1) Receipt of documentation by WEDC supporting the construction of a four thousand two hundred eighty three (4,283) square foot commercial building as evidenced by a Certificate of Occupancy issued by the City of Wylie on or before October 1, 2016, approval of said documentation at the sole and absolute discretion of the WEDC;and 2) Receipt of documentation by WEDC supporting a minimum construction cost of the project of Seven Hundred Thousand Dollars ($700,000) as evidenced by paid construction invoices supporting the minimum construction cost, 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 No. 1 is October 1, 2016. b. Incentive No. 2: An Economic Development Incentive of Ten Thousand Dollars ($10,000) will be paid to Company upon completion of the following Performance Requirements for Incentive No. 2: 1) Receipt of documentation by WEDC supporting a minimum valuation of Seven Hundred Seven Thousand Dollars ($707,000) for real and personal property located at 615 State Highway 78 South, Wylie, Texas as evidenced by a certified appraisal issued by the Collin County Central Appraisal District, approval of said documentation at the sole and absolute discretion of the WEDC; and Page 2 of 5 C:\Users\Sam Satterwhite\Documents\Word Files\Patna PropertiesTerformance Agreement 2 doe 2) Company has paid all ad valorem taxes and other property taxes due on the Project 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 by February 28 of the year after the taxes are assessed; and 3) Eligibility expiration for the Company to qualify for this Incentive No. 2 is October 1, 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 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 November 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 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 organisations 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 Page 3 of 5 C:\Users\Sam Satterwhite0ocuments\Word FilesTatna Properties\Performance Agreement 2.doc compliance, jobs retained, new investments and any other relevant information until the termination of this Agreement IX. Cessation of Economic Assistance. Notwithstanding anything herein to the contrary, WEDC shall have no obligation to disburse WEDC Economic Development Incentives if the Company becomes insolvent, files a petition in bankruptcy or similar proceedings, or is adjudged bankrupt, or is delinquent on any property tax payments or an Event of Default under the terms of this Agreement occurs. 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: the Company becomes insolvent, makes any materially false statements to the City and/or the WEDC, fails to pay ad valorem taxes, or files suit against the City and/or the WEDC. 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 according to the laws of the State of Texas and is subject to all provisions of Vernon's Ann. Civ. St. Art. 5190.6, which are incorporated herein by reference for all purposes. In the event any provision of the Agreement is in conflict with article 5190.6,article 5190.6 shall prevail. c. This Agreement contains the entire agreement of the parties regarding the within subject matter and may only be amended or revoked by the written agreement executed by all of the parties hereto. d. This Agreement shall be governed by the laws of the State of Texas and is specifically performable in Collin County,Texas. e. Any notice required or permitted to be given under this agreement shall be deemed delivered by depositing the same in the United States mail, certified with return receipt requested,postage prepaid, addressed to the appropriate party at the following addresses, or at such other address as any part hereto might specify in writing: WEDC: Samuel D. R. Satterwhite Executive Director Wylie Economic Development Corporation 250 South Highway 78 Wylie,Texas 75098 COMPANY: Patna Properties, LLC 3208 Monette Lane Plano, TX 75025 Attention: Dr. Tanvir Ahmed Page 4 of 5 C\Users\Sam Satterwhite\Documents\Word FilesTatna Properties\Performance Agreement 2 doc By the execution hereof, each signatory hereto represents and . is that he is acting on behalf of the •• indicated, that such party has taken all action necessary to authorize the execution and delivery of the Agreement and that the same is a bin.°• • obligation on such party. e EXECUTED this day of November,2015. DC: Wylie Economic Development Corporation By: Samuel D.R. Satterwhite,Executive Director COMP Y: Patna Properties, LLC By: Dr. Tanvir Ahmed, Member Page 5 of 5 CAUserskSam SatterwhittilDocumcnis\Word FilesTatna PropertiesTerforrnance Agreement 2.doc Patna Properties 3208 Monette Lane Plano,TX 75025 509-594-6119 To, 8/30/17 Mr. Sam Satterwhite Wylie Economic Development Corporation 250 South Hwy 78,Wylie,TX 75098 RE: Late payment of property taxes Dear Sir, Patna properties is the owner of the building located at 615 S Highway 78, Wylie, TX 75098. The property taxes for this building for the year 2016 were paid late. We moved and the letter for paying the taxes was misplaced. When we located the letter we paid the taxes but it was delayed. Currently all the taxes for this building are paid in full. If you have any question about the property taxes for this building, please feel free to contact me. Sincerely, , a Tanvir Ahmad Owner, Patna properties. . . r• • - r Property ID: 2117370 - Tax Year: 2017 General Information Owner Information Property ID 2117370 Owner ID 969353 Property Status Active Owner Name(s) Patna Properties LLC Geographic ID R-4620-00A-0060-1 Exemptions None Property Type Real Percent Ownership 100.00% Property Address W Kirby St Mailing Address 3208 Monette Ln Wylie,TX 75098 Plano,TX 75025-5356 Total Land Area 24,707 sq.ft. Total Improvement Main Area 4,277 sq.ft. 2017 Value Information Abstract/Subdivision Martinez Addition Phase lii Improvement Homesite Value $0 Primary State Code F1 (Office Commercial Real) Improvement Non-Homesite Value $594,207 Legal Description Martinez Addition Phase lii, Blk A, Log Total Improvement Market Value $594,207 Land Homesite Value $0 Land Non-Homesite Value $420,023 Land Agricultural Market Value $0 Total Land Market Value $420,023 Total Market Value $1,014,230 Agricultural Use Loss $0 Total Appraised Value $1,014,230 Homestead Cap Loss $0 Total Assessed Value $1,014,230 Entities Taxing Entity Tax Rate Collected By CWY(Wylie City) 0.848900(2016 Rate) Collin County Tax Office GCN(Collin County) 0.208395(2016 Rate) Collin County Tax Office JCN(Collin College) 0.081222(2016 Rate) Collin County Tax Office SWY(Wylie ISD) 1.640000(2016 Rate) Collin County Tax Office Improvements Land Segments Improvement#1 Commercial Land Segment#1 Office State Code State Code F1 (Office Commercial Real) Fl (Office Commercial Real) Homesite No Homesite No Market Value $571,407 Market Value $420,023 Total Main Area 4,277 sq.ft. Ag Use Value n/a Land Size 0.5672 acres Detail# Type Year Built Sq.Ft. 24,707 sq..ft. 1 MA-Main Area 2016 4,277 Improvement#2 Commercial State Code F1 (Office Commercial Real) Homesite No Market Value $22,800 Total Main Area n/a Detail# Type Year Built Sq.Ft. 1 CON-Concrete Paving 2016 6,000 Value History Year Improvement Land Market Ag Loss Appraised HS Cap Loss Assessed 2017 $594,207 $420,023 $1,014,230 $0 $1,014,230 $0 $1,014,230 2016 $0 $370,608 $370,608 $0 $370,608 $0 $370,608 2015 $0 $197,658 $197,658 $0 $197,658 $0 $197,658 2014 $0 $148,243 $148,243 $0 $148,243 $0 $148,243 2013 $0 $172,951 $172,951 $0 $172,951 $0 $172,951 Deed History Deed Date Seller Buyer Instr# Volume/Page 10/27/2015 AHMAD TANVIR& PATNA PROPERTIES LLC 20151028001364800 11/04/2013 AHN ZACK AHMAD TANVIR& 20131104001497170 05/21/2002 HARRISON CHARLES E&MICHA AHN ZACK 02-0092874/5201-667 SB 541 -Amends Section 25.027 of the Property Tax Code,effective September 1,2005 RESTRICTION ON POSTING DETAILED IMPROVEMENT INFORMATION ON INTERNET WEBSITE: Information in appraisal records may not be posted on the Internet if the information is a photograph,sketch,or floor plan of an improvement to real property that is designed primarily for use as a human residence.This section does not apply to an aerial photograph that depicts five or more separately owned buildings. r• • - - rc Property ID: 2696452 - Tax Year: 2017 General Information Owner Information Property ID 2696452 Owner ID 890250 Property Status Active Owner Name(s) Ahmad Tanvir Md Geographic ID P-9000-214-1688-1 Mercy Medical Clinic Exemptions None Property Type Personal Property Address 801 S State Hwy 78#00201 Percent Ownership 100.00% Wylie,TX 75098 Mailing Address 801 S State Hwy 78 Ste 201 DBA Name Mercy Medical Clinic Wylie,TX 75098-4000 Total Land Area n/a Total Improvement Main Area n/a 2017 Value Information Abstract/Subdivision Improvement Homesite Value $0 Primary State Code L1 (Tangible Commercial Personal) Improvement Non-Homesite Value $0 Legal Description BPP at 801 S State Hwy 78 Total Improvement Market Value $0 Land Homesite Value $0 Land Non-Homesite Value $0 Land Agricultural Market Value $0 Total Land Market Value $0 Total Market Value $58,325 Agricultural Use Loss $0 Total Appraised Value $58,325 Homestead Cap Loss $0 Total Assessed Value $58,325 Entities Taxing Entity Tax Rate Collected By CWY(Wylie City) 0.848900(2016 Rate) Collin County Tax Office GCN(Collin County) 0 208395(2016 Rate) Collin County Tax Office JCN(Collin College) 0 081222(2016 Rate) Collin County Tax Office SVVY(Wylie ISD) 1 640000(2016 Rate) Collin County Tax Office Improvements Land Segments Our records don't show any improvement data for Property|D Our records don't show any land data for Property|O208O4n2 2O80452in the year 2O17. in the year 201r. Value History Year Improvement Land Market AeLono xpnm/o^u *a Cap Loss x000000u 2017 $o wo $58,325 $o $58.325 $o $58,325 2016 mo $o w18.500 mo m18.500 $o *18.500 2015 mo *o $18.500 mo $18.500 mo $18.500 201* mo mn $18.500 $o m18.500 mo w18.500 Deed History Deed Date seoo, avvo, /not,# Volume/Page S13 541-Amends Section 25'02Jmf the Property Tax Code,effective September 1'2005 RESTRICTION mx POSTING DETAILED IMPROVEMENT INFORMATION owINnERNErwEBSIre Information in appraisal records may not be posted on the Internet if the information is a photograph,sketch,or floor plan ofan improvement m real property that| designed primarily for use ana human residence.This section does not apply monaerial photograph that depicts five ur more separately owned buildings. H0394 -Amends Section 25'027mfthe Property Tax Code,effective September 1,2015 RESTRICTION ON POSTING AGE RELATED INFORMATION ON INTERNErwEBSITE: Information in appraisal records may not be posted on the Internet if the information indicates the age of a property owner,including information indicating that o property owner inMo years of age nrddar. ___„.....,._ Search: 1 — j GO Local Weather Vitt t , ,'',:'',1 ,., , , ( ,/ ,, Al ' '',':\l,. I "i ,.A.1°..:4-'1!. i 0,A ;!i4 04„ ' ,";;'8 il ;, lk;°4°': 8 ; ''^1,P44,0/i,111 ,;c, n 4,- ,,s, , „,,„„_„ i ,PN tov"--,40,,,‘ ' ' ''''''' •• ' '' w,,fu.-4--------,-,,:.:L • - -Lill d t lane First in grtiwt[1, SE, Li r ,,,,.. ,,,,_ .,,,.:.,,,,...,,,,,,,,,,4...“....„... Doing Business Living & Visiting Government Online Services County Directory Print Friendly Version /Property Tax Record Kenneth L.Maun Collin County Tax Assessor Collector 2300 Bloomdale Rd,Ste 2324 McKinney,TX 75071 Ph:972-547-5020 Account: R462000A00601 Acres: 0.000 2016 Values APD: 2117370 Yr Built: 0 Land Non-Home Site 370608 Location: 0000000W KIRBY ST Sq Ft: 0 2016 Exemptions Legal: MARTINEZ#3(CWY),BLK A,LOT Def.Start: NONE 6 Def.End: NONE Owner: PATNA PROPERTIES LLC Roll: R 3208 MONE I IE LN UDI: 100% PLANO TX 75025--535 Click on the e-Statement button to view Total Tax Due Click on the e-Payment button to make a credit card or eCheck payment. Current status Levy Amount Levy Col Total Receipt Paid Due Penalty Interest Date Year Unit Penalty Due Amount 2016 01 772.33 857.29 0.00 0 00 0,00 0.00 0,00 4/3/2017 2016 27 3,146.09 3,492.16 0 00 0 00 0.00 0.00 0 00 4/3/2017 2016 60 301,02 334.13 0.00 0.00 0.00 0.00 0.00 4/3/2017 2016 85 6,077.97 6,746.55 0 00 0,00 0.00 0,00 0,00 4/3/2017 2016 10,29741 11,430.13 0.00 0.00 0 00 0.00 0 00 Totals Print Frien*Vet8lo0 Property Tax -ecord Kenneth L.Maun Collin County Tax Assessor Collector 2300 Bloomdale Rd.Ste 2324 McKinney,TX 75071 Ph:972-547-5020 Account: P900021416881 Acres: 0.000 2016 Values APD: 2696452 Yr Built: 0 Personal 18500 Location: 0000801S STATE HWY 78 So Ft: 0 2016 Exemptions Legal: BPP AT 801 S STATE HWY 78 Def. Start: NONE Def, End: NONE Owner: AHMAD TANVIR MD Roll: P MERCY MEDICAL CLINIC UDI: 100% 801 S STATE HWY 78 STE 201 WYLIE TX 75098--400 Click on the e-Statement button to view Total Tax Due, Click an the e-Payment button to make a credit card or eCheck payment Current status --:::"------ ---7-------- Levy Amount Levy Col Total Receipt Year Unit Due Penalty Interest Amount Paid Penalty Due Date 2016 01 42.41 42.41 0.00 0.00 0 00 0.00 0.00 11/30/2016 2016 27 172.76 172.76 0.00 0.00 0.00 0.00 0.00 11/30/2016 2016 60 16.53 16.53 0.00 0.00 0.00 0.00 0.00 11/30/2016 2016 85 333,74 333.74 0.00 0.00 0.00 0.00 0.00 11/30/2016 2016 565 44 565 44 0.00 0.00 0.00 0.00 0.00 Totals FIRST • I MENT TO PERFO' • NCE AG' EMENT THIS FIRST AMENDMENT TO PERFORMANCE AGREEMENT(this "First Amendment"), is entered into and is effective as of the 20th day of September 2017 by and between WYLIE ECONOMIC DEVELOPMENT CORPORATION, a Texas economic development corporation ("WEDC"), and Patna Properties, LLC., a Texas limited liability company("Company"). WITNESSETH: WHEREAS, WEDC Board of Directors approved that certain Performance Agreement between WEDC and Company on November 24, 2015 to facilitate the development of a 4,283-square foot medical office building(the"Project"); and WHEREAS, WEDC and Company desire to modify and amend the Agreement in certain respects, as more particularly set forth in this First Amendment. NOW, THEREFORE, in an effort to address unforeseen circumstances surrounding the payment of ad valorem property taxes,the WEDC and Company covenant and agree as follows: 1. Defined Terms. Capitalized terms used but not defined in this First Amendment will have the meanings given to them in the Agreement. 2. Modification to Performance Obligations. Notwithstanding anything to the contrary in the Agreement, the date by which the Company must certify payment of ad valorem taxes associated with the project located in Wylie,Texas as defined in Section II(b) is hereby extended until 5:00 p.m.,Central Time, on April 3, 2017. 3. Ratification. As expressly modified by this First Amendment, the Agreement is hereby ratified and confirmed by WEDC and Company. 4. Counterparts; Transmission. This First Amendment may be executed in multiple counterparts, each of which shall be deemed an original,and all of which shall constitute one and the same agreement. Transmission of an executed signature page of this First Amendment by email will be effective to create a binding agreement. [Signatures appear on next page] IN WI SS REOF,the parties hereto have executed this First • tendtnent the day and year first above written, Wylie Economic Development Corporation, a Texas Corporation By: Name rule COMPANY: Patna Properties, a Texas Littlited L,iability Cottiparty By: Name: Title: ylie co o ic levelos e t or • ()ratio E OIANIU TO: WEDC Board of Directors FROM: Jason Greiner, Assistant Direct() SUBJECT: DCU Performance Agreement DATE: September 20, 2017 Issue Consider and act upon a Performance Agreement between DCU, Inc. and the WEDC. Anal sis Having operated in Wylie for the past 20 years in multiple locations, DCU, Inc. currently leases a 9,000 SF facility located at 908 W Kirby. As part of the 544 Gateway Project, 900 & 908 W Kirby are schedule for demolition. With DCU facing a possible relocation outside city limits, staff encouraged DCU to identify property which would support a light industrial use to retain DCU and facilitate the construction of a new manufacturing facility. Key site criteria for DCU was the ability to have outside storage and access to natural gas. Staff conveyed to DCU early on that a starting point for an incentive package would be development fees which have been identified at no less than$31,534. DCU identified a suitable site within Regency Business Park, more specifically 2774 Capital Street. The 1.275-acre tract is valued at $124,963 or $2.25 psf. DCU intends to construct an 11,200-square foot building with an estimated construction cost of$700,000 from DCU's general contractor (this figure does not include excavation). Based upon $62.50 psf, staff believes this figure to be greatly underestimated, but the majority of the facility is warehouse so possibly there are some savings to be gained. To meet their natural gas needs, DCU intends to extend an existing gas line approximately 670' at an estimated cost of$25,000 (per Atmos). In designing an incentive package, staff has utilized a minimum $1,200,000 project value. Unlike cost projections, value begins with a conservative $80 psf for improvements ($896,000), existing Business Personal Property value of$194,519, and a $109,48 appreciation in land value based upon the lowest value in the area. While DCU intends to acquire an additional $30,000 in equipment, staff is not factoring in the gain based upon potential offsetting value in depreciation. Based upon retaining an existing business and DCU vacating the 544 Gateway site, staff chose to maximize the WEDC investment in the project identifying a $100,000 incentive which will WEDC—DCU Agreement September 20, 2017 Page 2 of 3 reflect a 3.4-year return on investment. Staff proposes that the WEDC fund incentives via the payment of development fees ($31,534) directly to the City of Wylie simultaneously with the issuance of a CO and proof of cost to extend a gas line at $25,000, an additional $18,466 to DCU upon issuance of a CO, and the balance of$50,000 paid over two years based upon meeting a minimum appraised value of$1,200,000. The Performance Measures and Incentive Payments are identified as follows: Incentive No. la .......................................................... $31,534 A Proof of application for Certificate of Occupancy for a 11,200-square foot facility and letter from the City of Wylie Building Official stating compliance with application requirements by August 1, 2018; and A Proof of gas line extension approximately 670' to the sites eastern property line at a cost of not less than$25,000; and A Minimum construction cost of$700,000; and A Development Fees imposed by the City of Wylie of not less than$31,534; and A Ad valorem property taxes current. Incentive No. lb $18,466 A Certificate of Occupancy for a 11,200-square foot facility not later than August 1, 2018. Incentive No. 2 .........., • $25,000 CCAD real &personal property valued at a minimum of$1,200,000; and Ongoing operations of DCU; and A Ad valorem property taxes current. Incentive No. 3 $25,000 CCAD real & personal property valued at a minimum of$1,200,000; and A Ongoing operations of DCU; and A Ad valorem property taxes current. Should DCU, Inc. fail to meet the Performance Measures for Incentive No. la, the entire Performance Agreement is voided in advance. Further, no partial incentive payments will be provided. WEDC DCIi Agreement September 20, 2017 Page 2 of 3 Staff Recommendation Staff recommends that the DC Board of Directors approve a Performance Agreement between DC and DCU, Inc. providing for a maximum incentive of $100,000 and further authorizing the WEDC Executive Director to execute said Agreement. Attachments Performance Agreement Aerial Site Plan DCU Impact Report PE ' ORMANCE AGREEMENT Between WYLIE ECONOMIC DEVELOPMENT CORPO ' TION And DCU, 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 DCU, Inc. a Texas Corporation (the "Company"). CITALS WHE ' AS, the Company is desirous of making real and personal property improvements in the form of a 11,200-square foot manufacturing facility (the "Project"). The project will have an estimated project cost of One Million Two Hundred Thousand Dollars ($1,200,000) and will be located at 2774 Capital Street in Wylie, Texas (the "Facility"); and WHEREAS, the Company has requested that the WEDC provide economic assistance to offset the cost of the construction for the Project and other expenses associated with constructing the Facility in the City of Wylie, Texas; and WHE' AS, the construction of the Project in the City of Wylie, Texas will ultimately create "primary jobs", as that term is defined in the Act; and WHE' AS, 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 E ' AS, the WEDC has estimated that $31,534 will be assessed by the City Wylie in development fees to be paid prior to issuance of Certificate of Occupancy of the Facility; 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, THE ' FO ' , 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 economic assistance in an amount up to, but not to exceed One Hundred Thousand Dollars ($100,000.00) (the "Economic Development Incentives"). The Economic Incentives will be paid according to the criteria set forth herein with the WEDC's obligation to pay the Economic Development Incentives terminating on August 31, 2020. Page 1 of 6 W\Boardl2017\9-20-17\DCU-Performance Agreement-DCU,Inc doc Upon meeting the qualifications and requirements (the "Performance Requirements"), the Company shall be entitled to the following Economic Development Incentives: Economic Development Incentive Payment Schedule: Expected Cost/Value of WEDC Total WEDC Eligibility Year Incentive Project Incentive Incentive Expiration 2018 No. la $700,000 $31,534 $31,534 8-1-2018 2018 No. lb $1,200,000 $18,466 $50,000 8-1-2018 2019 No. 2 $1,200,000 $25,000 $75,000 8-1-2019 2020 No. 3 $1,200,000 $25,000 $100,000 8-1-2020 II. Performance Requirements for Economic Development Incentive. a. Incentive No. 1 a: An Economic Development Incentive, for the benefit of the Company, of Thirty-One Thousand Five Hundred Thirty-Four Dollars ($31,534) will be paid to the City of Wylie upon completion of the following Perfoiniance Requirements for Incentive No. la: 1) Receipt of documentation by WEDC supporting Company's application to the City of Wylie for a Certificate of Occupancy supporting the construction of a 11,200-square foot facility located at 2774 Capital Street in Wylie and a letter from the City of Wylie Building Official indicating Company has complied with all requirements of said application, approval of said documentation at the sole and absolute discretion of the WEDC; and 2) Receipt of a 'Permit Fee Receipt' from the City of Wylie for development fees of not less than $31,534, approval of said documentation at the sole and absolute discretion of the WEDC; and a) Should development fees imposed by the City of Wylie exceed $31,534, Company shall pay 100% of the overage; and 3) Receipt of documentation by WEDC supporting a minimum construction cost of the project of Seven Hundred Thousand Dollars ($700,000) as evidenced by paid invoices supporting the minimum cost, approval of said documentation at the sole and absolute discretion of the WEDC; and 4) Receipt of documentation by WEDC supporting an expenditure of not less than $25,000 to extend a gas line approximately 670 feet to the easternmost property line of the lot located at 2774 Capital Street in Wylie, approval of said documentation at the sole and absolute discretion of the WEDC; and Page 2 of 6 W\Board\20 I 7\9-20-17\DCU-Performance Agreement-DCU,Inc..doe 5) 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 6) Eligibility expiration for the Company to qualify for this Incentive No. 1 a is August 1, 2018. b. Incentive No. lb: An Economic Development Incentive of Eighteen Thousand Four Hundred Sixty-Six Dollars ($18,466) will be paid to Company upon completion of the following Performance Requirements for Incentive No. lb: 1) Receipt of documentation by WEDC of a Certificate of Occupancy for an eleven thousand two hundred (11,200) square foot industrial building issued by the City of Wylie, approval of said documentation at the sole and absolute discretion of the WEDC; and 2) Eligibility expiration for the Company to qualify for this Incentive No. lb is August 1, 2018. c. Incentive No. 2: An Economic Development Incentive of Twenty-Five Thousand Dollars ($25,000) will be paid to Company upon completion of the following Performance Requirements for Incentive No. 2: 1) Receipt of documentation by WEDC supporting a minimum valuation of One Million Two Hundred Thousand Dollars ($1,200,000) for real and personal property located at 2774 Capital Street in Wylie, Texas as evidenced by a certified appraisal issued by the Collin County Central Appraisal District, 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 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 3) Receipt of documentation by WEDC evidencing the ongoing operations of DCU, Inc. at 2774 Capital Street, Wylie, Texas, approval of said documentation at the sole and absolute discretion of the WEDC; and 4) Eligibility expiration for the Company to qualify for this Incentive No. 2 is August 1, 2019. Page 3 of 6 W.\Board\2017\9-20-17\DCU-Performance Agreement-DCU,Ine doc d. Incentive No. 3: An Economic Development Incentive of Twenty-Five Thousand Dollars ($25,000) will be paid to Company upon completion of the following Performance Requirements for Incentive No. 3: 1) Receipt of documentation by WEDC supporting a minimum valuation of One Million Two Hundred Thousand Dollars ($1,200,000) for real and personal property located at 2774 Capital Street in Wylie, Texas as evidenced by a certified appraisal issued by the Collin County Central Appraisal District, 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 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 3) Receipt of documentation by WEDC evidencing the ongoing operations of DCU, Inc. at 2774 Capital Street, Wylie, Texas, approval of said documentation at the sole and absolute discretion of the WEDC; and 4) Eligibility expiration for the Company to qualify for this Incentive No. 3 is August 1, 2020. III. WEDC Payment of Reimbursement Incentives. Subject to the teinis 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. Further, Incentives No. 2 and No. 3 will be paid not sooner than 12 months following payment of preceding Incentive Payment. 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 (a), 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 the Reimbursement Incentive will expire in full on August 31, 2020. Page 4 of 6 W\Board\2017\9-20-17\DCU-Performance Agreement-DCU,Inc..doc VI. Employee Hiring, Materials and Supplies Purchase. Although not an event of default or a condition to any advance in the Agreement, WEDC requests that the Company satisfies its need for all construction contractors from Wylie residents and purchase all materials, supplies and services necessary to affect the Project and subsequent occupancy of the Facility from Wylie merchants and businesses. VII. Community Involvement. Although not an event of default or condition of any advance hereunder, the Company agrees to actively participate in community and charitable organizations and/or activities, the purpose of which are to improve the quality of life in the City of Wylie, Texas, and to actively encourage its employees to be involved in such organizations and/or activities. VIII. Verification and Compliance. The Company will allow the WEDC to audit necessary Company's records, documents, agreements and other instruments in furtherance of the following purposes: (i) to ensure the Company's compliance with the affirmative covenants set forth in this Agreement; (ii) to determine the existence of an Event of Default under the terms of this Agreement; (iii) to ensure compliance with any other terms and conditions set forth herein or any related documents. Company will provide reports certifying the status of compliance, jobs retained, new investments and any other relevant information until the teunination of this Agreement IX. Cessation of Economic Assistance. Notwithstanding anything herein to the contrary, WEDC shall have no obligation to disburse WEDC Economic Development Incentives if the Company becomes insolvent, files a petition in bankruptcy or similar proceedings, or is adjudged bankrupt, or is delinquent on any property tax payments or an Event of Default under the terms of this Agreement occurs. 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: the Company becomes insolvent, makes any materially false statements to the City and/or the WEDC, fails to pay ad valorem taxes, or files suit against the City and/or the WEDC. 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 according to the laws of the State of Texas and is subject to all provisions of Vernon's Ann. Civ. St. Art. 5190.6, which are incorporated herein by reference for all purposes. In the event any provision of the Agreement is in conflict with article 5190.6, article 5190.6 shall prevail. c. This Agreement contains the entire agreement of the parties regarding the within subject matter and may only be amended or revoked by the written agreement executed by all of the parties hereto. d. This Agreement shall be governed by the laws of the State of Texas and is specifically performable in Collin County, Texas. Page 5 of 6 W:\Board\2017\9-20-17\DCU-Performance Agreement-DCU,Inc doc 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: DCU, Inc. 908 W Kirby St. Wylie, TX 75098 Attention: Mark Hambleton By the execution hereof, each signatory hereto represents and affirms that he is acting on behalf of the party indicated, that such party has taken all action necessary to authorize the execution and delivery of the Agreement and that the same is a binding obligation on such party. EXECUTED this day of September 2017. WEDC: Wylie Economic Development Corporation By: Samuel D.R. Satterwhite, Executive Director COMPANY: DCU, Inc. 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CZ7 w k III?AT BLO AE C.AESENSIT N r € B, tE55 PARKA PB',' 3 3 W � 4. I t sT 4,503 SF CONC N 00'44'40" W $7 ,1 D SITE Q s � ma I i • WOA��, � '34 1.275 ACRE LOT i VICINITY MAP a.:CONC LANE k SPRO.`St0 SFT. ,`"-A2A. 8,800 FIRE ,c-w A 1/8'=NONE.. 1 _�_) �...___ _ _—�_ _— _ s.._-ta,- 1 1 L0% S=5,553 SF I i p'.-- ' 1OD'.`. 'r . '- 33,023 SF USABLE LOT _ ♦ _ -_ _ a - u. 'A F 10% LS=3,302 EXIST `---i — —., =�;..`.i*,". - - - —.:—,., > __ Yi 1r74 LINE I ' / 3' . 4'F`-: -,,,-1 ( 55,523 SF(1.275 AC) ., A+ 6 i"'* LOT 10 BLOCK C.REGENCY P 1 ! 1 .,± BUSINESS PARK,PHASE 3 I 11,230 SF CONC END , `` W:� NI I SITE DATA SUMMARY: ECM FM - 1 f co ..:� _ _�.�,.b jr 0 Ns �3 SYNOPSIS. , q Fro' N ; - - __ 4 DU P -EtdC1 - GROUND UP CONSTRUCTION OF A 11,200 SF SINGLE-STORY 3. ACCESS' ( t N 00 44'40;' W „?,,70`.1€5 �` `;, FACILITY ON A 55,523 SF(1.275 AC)LOT LOCATED AT 2774 3 0 S 2,721 SF LS CAPITAL STREET,CITY OF WYUE,GOWN COUNTY,SPATE OF k, LOT 9 BLOCK C.REGENCY LOT Jfi BLOCK C,PfSs T a TEXAS 75098. 0 I' BUSINESS PARK,PHASE 2 BUSINESS PARK,PHASE 2 ._ LIGHT iNDUSTRLAL LIGHT INDUSTRIAL $19111INS19TF VFSIQTNI BRYAN ROGERS,BETTER DESIGN RESOURCES LEE U 3, P.O,BOX 1454,WYUE,TX 75098 E- PH:214-773-8480 FAX:972-429-0224 W r` S,T1AL FNXINFFPINPo E. CARTER CLARK ENGINEERING 113 CLAUDE,CLEBURNE,TX 750312 ti 0 PH:903-880-1937 LI NPLS f SURVFYOR' 0.a JOHN GLAS,RPLS,SLID SURVEYING INC. 2114 FM 1583.WOLFE CITE,TX 75498 `0'� PH:903-498-2084 U O U NOTES: 7ONFO:LIGHT INDUSTRIAL ry 3 ALL DONS410.3NXBL SNAIL TIE IN ACCOMIUNCE WITH ALL LOCAL..COUNTY, .,DR LA A3 COKED �,Y PROPOSFn ITIP LIGHT ASSEMBLY k FABRICATION t0E0,0 .E)Y THE CON EN' 'Y,JE,DOWN ATE.TENS. _.SCTiON'S,ORTABLES Nam'TO LEER FAN FROM"CODES LASTED 8 YIN A rmor LIGHT ASS'(@ FAD 0 1:1,000-11.2 ROUNDED TO 12 NP..15T ODMP%.Y'ri9TTi. 2012 KNDB0NII3NAL.ELPLC9N LODE PARKING PROVIDED 12,INCLUDING 1 HC VAN ACCESSIBLE 2012 INTERNATIONAL MECHANICAL COOE S(I (IMC) SITE PLAN xY`N F 1;20 _ _ 2012 INTERNATIONAL PLUMBING CODE(IPC) SCALE-1:20 —w 217.111r..100 1� •42faH.YPttxeFfPtla 2012 INTERNATIONAL FiRE CODE(IFC) LIGHT INDUSTRIAL ZONING REQUIRED LANDSCAPING-10% 2011 NATIONAL ELECTRIC CODE(NEC) TOTAL LOT=55,523 SF,REQUIRED LANDSCAPING=5,552 SF 2009 INTERNATIONAL ENERGY CONSERVATION CODE(IECC) LANDSCAPING PROVIDED-5,571 SF TEXAS ACCESSIBILITY STANDARDS CITY OF WILE ORDINANCES AND AMENDMENTS REQUIRED TREES:(SITE FRONTAGE-150) 2. LANDSCAPING SHALL BE INSTALLED PER CITY OF WYUE ORDINANCE.ARTICLE 7, 1 SHADE TREE/40LF FRONTAGE(4 REQD) SECTION 7.7- 1 FLOWERING TREE/20LF FRONTAGE(8 REQD) 3. LARGE TREES,FLOWERING TREES,AND EVERGREENS USED,SNAIL BE SF1 ECTED FROM CITY OF NYSE SUGGESTED SPECIE LIST. LANDSCAPED AREA PROVIDED 4 SHADE TREES LANDSCAPING DESIGN REQUIREMENTS 8 FLOWERING TREES •'a+�e�lT+ m_ _ f:. a.4 I/�I ADA COMPUANT WALKWAY K - aw YYY/I SITE C' `-"� +- ""- - 2774 CAPITAL STREET DESIGN N "AN RE,; gS -- - ----: �' - IA I ADA COMPLIANT PARKING LOT 10 BLOCK C OF THE REGENCY BUSINESS PARK,PHASE THREE DRAWN NV "as dR.fiw -.."*".._N-1,c'11.3 .3'�- 'f.irs wn dim: - l/� BorAn I)Roger, xte - rrrrc. _ 1 % dlIM F*`Yo't •- SHADE TREE OWNER,Ly+'IC�_NT. „A _ *.- MARK HYNABELTON DATE ,___. -1- 4' ' - ,,f -• .— -A.-44-'-4 T't BOBBOKIRBY U TX 75098 a5-0t-201"I 111111.11110111111 • FLOWERING TREE IN CLUMP W. WYUE. ,.�+ -w� xr+s w:� '-rw �}+i"RTi�tr�"nLlTul®IiT •_ _- PH:972-B16-b8b7 SHEET ''''.w'''''' -• -__ - ., -_. Ur ,..:r 'A' 4 -INIE .. !'` A EXIST ELEVATION ,cvv_:Nr.. ClL •--`•_ \� P.O. a XROCERS,9ET,FiOI OEVOAO1750 t x .,5 L7 OF P.O. X 14$4,1'fFRJEE,TX 75998 PH:21.=773-44 3 FAX:972-429-0224 DCU,Inc.-Impact Report 10 Years Net Benefit for City of Wylie Net :enefits $218,844 Wylie Economic Development Present Value $176,183 CORPORATION Sales Tax $10 551 Real Property Taxes $155,464 FF&E Property Taxes $16,544 Inventory Property Taxes .. $O Wylie EDC New Residential Property Taxes 51.974 972-442-7181 Building Permits and Fees $34 788 250 S.Hwy 78 Wylie,Texas,75098 Utility Revenue $38,196 Utility Franchise Fees S5 589 Miscellaneous Taxes and User Fees 59.715 4.4 Job Creation Benefits Subtotal $272,822 11.9 Total 8.0 Direct Cost of Utility Services ($35 231) 3.9 Spin-off Cost oi Government&retraces ($18 747) Costs Subtotal ($53,978) 65—til Salaries $60.0k $36 131 Average room, $35:850 Direct $36,701 Spin-off 540.5k $30.0k Capital Invest. sio.ok $1,120,000 Buildings+FF&E 10 Benefits Costs Net Benefits sinBint Residential Dev, 0,1 Homes 0.9 Relocations Incentives Analysis Total incentive Per Job Rate of Return Payback Period 10 Years Net Benefits City $218,844 $100,000 $12,500 21,9% 3,4 Yrs County $26,947 School District $62,872 5200.00 Other $11,922 $105.50 Total 8320,685 $145.50 $150.00 6a 16 or A A•Ai 111.A to 611**swop st on. $60.50 $40.0k $25.50 $0.0 1 1 5 4, 1 f}. 110 Incentive Cumulative Net Total Benefits Incentive PACT Da% E3oa NO RELO-Retention&Expansion w/l&S-$218,844/3.4 Years @$100k ylie ci i is level ' I e t ors or . tio • - TO; WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: Staff Report DATE: September 12, 2017 Issue Staff report: review issues surrounding WEDC Performance Agreement Summary, Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway Property, 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, SAF Holland, Von Runnen Holdings, Wedge Corporation, and Woodbridge Crossing. While inadvertently not listed on the attached Summary, the WEDC entered into a Performance Agreement with Metalbilia in May of 2017. The Agreement called for the WEDC to fund a cumulative $4,800 in lease payments should the business maintain ongoing business operations and provide proof of purchase of at least $12,000 in new equipment. The lease payments would have been in the 10th, 11th, and 12th month of the local lease. The owner of Metalbilia notified the WEDC that the business was no longer in existence and confirmed that the Performance Agreement is null and void. Woodbridge Crossing Attached for the Board's review is the Sales Tax Reimbursement Report which identifies all sales taxes received through August 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 WEDC- Staff Report September 12, 2017 Page 2 of 3 within Woodbridge Crossing through September 2013 with the reimbursement percentage reduced to 65% thereafter. Due to the default under the Amended and Restated Perfolinance Agreement, Woodbridge Crossing is only eligible to receive up to $6 million in sales tax reimbursement through September 2021 as opposed to the maximum reimbursement of $12 million originally contemplated. $4,463,890.28 in reimbursement has been earned through August 2017 with net receipts of $3,714,078.97 in ad valorem taxes to the City of Wylie (excluding the WISD). As shown on the Sales Tax Reimbursement Report, $156,501.55 was generated in sales tax in June 2017 versus $151,850.10 in June 2016. This represents an 3.1% increase over 2016 receipts. Woodbridge Centre Within the Kroger-anchored center, $71,225.48 in sales tax was generated in June 2017 with $17,806.37 subject to reimbursement. June 2017 sales represent a 1% decrease over 2016. As discussed at ICSC with Clark Street, a new pet supply concept has approached the City of Wylie Planning Department with a 7,800-square foot facility with frontage on Woodbridge Parkway. Also approaching the Planning Department is a Credit Union of Texas to locate at the corner of 544 and Woodbridge Parkway. Environmental Activity Report Attached for the Board's review is a spreadsheet tracking all activities with W&M Environmental for FY 2014-15 and FY 2015-16. W&M has prepared Phase I &II reports for Mann Made, K&M, Business Way, 111 N. Ballard, 908 Kirby, 201 Industrial Court, is processing the VCP application for the Commerce property, and processing the Municipal Setting Designation through the City. Hwy 78 WEDC Pad Sites The TCEQ has indicated that there is no further testing required with W&M Environmental indicating that the TCEQ is within weeks of issuing a Final Certificate of Completion for the Voluntary Cleanup Program initiated by the WEDC. CFA has proposed to break ground on their site adjacent to Starbucks on November 20, 2017. 544 Gateway Property While the City has a Ready for Reuse Certificate from the EPA on its 4.8 acres adjacent to the railroad tracks, staff has been advised by W&M that it is not uncommon for groundwater issues to still be present even though soil remediation has taken place. So as to not encounter any surprises, staff has requested groundwater data from the EPA taken during the 2015 clean-up process. Regional Housing Starts Eleven homes were permitted in Wylie for the month of August 2017. Sachse, Lavon, Murphy permitted a combined twenty with Inspiration permitting seventeen over the same period. WEDC- Staff Report September 12, 2017 Page 3 of 3 No action is requested by staff for this item. Attachments Performance Agreement S ary W&M Activity Report Regional Housing Permits Woodbridge Crossing Sales Tax Reimbursement Report Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement Oct-09 Dec-09 $17,612.55 $8,806.27 $8,806.27 $35,225.09 0.85 7,485.33 $14,970.66 $22,455.99 Nov-09 Jan-10 21,995.30 10,997.65 10,997.65 43,990.60 0.85 9,348.00 18,696.01 28,044.01 Dec-09 Feb-10 40,289.26 20,144.63 20,144.63 80,578.52 0.85 17,122.94 34,245.87 51,368.81 Sub-Total 159,794.21 33,956.27 67,912.54 101,868.81 Jan-10 Mar-10 16,017.96 8,008.98 8,008.98 32,035.92 0.85 6,807.63 13,615.27 20,422.90 Feb-10 Apr-10 18,392.59 9,196.29 9,196.29 36,785.17 0.85 7,816.85 15,633.70 23,450.55 Mar-10 May-10 24,382.07 12,191.03 12,191.03 48,764.13 0.85 10,362.38 20.724.76 31,087.13 Sub-Total 117,585.22 24,986.86 49,973.72 74,960.58 Apr-10 Jun-10 16,991.53 8,495.76 8,495.76 33,983.05 0.85 7,221.40 14,442.80 21,664.19 May-10 Jul-10 19,588.24 9,794.12 9,794.12 39,176.48 0.85 8,325.00 16,650.00 24,975.01 Jun-10 Aug-10 24,662.64 12,331.32 12,331.32 49,325.28 0.85 10,481.62 20,963.24 31,444.87 Sub-Total 122,484.81 26,028.02 52,056.04 78,084.07 Jul-10 Sep-10 18,344.56 9,172.28 9,172.28 36,689.12 0.85 7,796.44 15,592.88 23,389.31 Aug-10 Oct-10 20,401.73 10,200.87 10,200.87 40,803.46 0.85 8,670.74 17,341.47 26,012.21 Sep-10 Nov-10 22,301.22 11,150.61 11,150.61 44,602.43 0.85 9,478.02 18,956.03 28,434.05 Sub-Total 122,095.01 25,945.19 51,890.38 77,835.57 Oct-10 Dec-10 18,800.19 9,400.10 9,400.10 37,600.38 0.85 7,990.08 15,980.16 23,970.24 Nov-10 Jan-11 25,735.09 12,867.54 12,867.54 51,470.17 0.85 10,937.41 21,874.82 32,812.23 Dec-10 Feb-11 42,668.92 21,334.46 21,334.46 85,337.83 0.85 18,134.29 36,268.58 54,402.87 Audit Adjust. Oct-10 5,065.71 2,532.86 2,532.86 10,131.42 0.85 2,152.93 4,305.85 6,458.78 Sub-Total 184,539.80 39,214.71 78,429.42 117,644.12 Jan-11 Mar-11 18,295.33 9,147.66 9,147.66 36,590.65 0.85 7,775.51 15,551.03 23,326.54 Feb-11 Apr-11 25,185.02 12,592.51 12,592.51 50,370.04 0.85 10,703.63 21,407.27 32,110.90 Mar-11 May-11 39,822.31 19,911.15 19,911.15 79,644.61 0.85 16,924.48 33,848.96 50,773.44 Sub-Total 166,605.30 35,403.63 70,807.25 106,210.88 Apr-11 Jun-11 33,456.49 16,728.25 16,728.25 66,912.98 0.85 14,219.01 28,438.02 42,657.02 Woodbridge Crossing Sales Tax Reimbursement Report Page Filing Allocation City of 4B VVEOC Applicable VVEOC City Total Period Period yyy|io 1 (O�5Y6) ( Y6 Total Rate Reimbursement Reimbursement Reimbursement~ ~' 96) � � -~ May-11 Jul-11 50.192.64 25.096.32 25.098'32 100.385.28 0.85 21.331.87 43.083.74 63995.62 Jun-11 Aug-11 43.639.11 21.819.5^ 21.819.56 , ,=87,278.23' 0.85 18,546.62 37,093.24 ... , 55.839_. � Sub-Total 254576.48 54,097.50 108,195.00 162,292.51 Jul-1 1 Sop-11 31.551.34 15,775.67 15.775.67 63.102.67 0.85 13.400.32 26.818.63 40.327.95 Aug-11 Oct-1 1 32.798.19 10.39.0 16.399.00 85.590.37 0.85 13.939.23 27.878.40 41.817.69 Sep-11 Nov-11 36.136.64 18. ' ^ " 18.068.32 72.273'27 0.85 15.358.07 3O718.14 46�074.21 Sub-Total 20�Q7�3i 42,706.62 - 85,413.23 128,116(85 Oct-11 Dec-11 31.701.68 15`850.' 15.850.84 63.403.35 0.85 13.473.21 26.946.42 40.419.64 Nov-11 Jon-12 40,631.94 20.315.97 20.315.97 81.263.88 0.85 17.208.57 34.537.15 51.805.72 Dec-11 Fab-12 66.40317 33.201.59 33.201.59 132.806.34 0.85 28^221.35 56^442.80 84.664.04 Sub-Total 277,473.57 58[9 '-/3'' 11 ^926.37^ 176,889.40 Jan-12 Map12 28.180.48 14.090.^ 14.090.24 56.360.97 0.85 11.87671 23.953.41 35.930.12 Feb-12 Apr-12 32.82436 16.412.1' 16.412.18 85.84871 0.85 13.050.35 27.90070 41.851.05 K8op12 May-12 4 .21375 21.106.`� 21.106.88 84^427.50 0.85 17.@4O.84 3�i881.S0 53.822.53 43 8 - -Q- �m��k U �O� �Y ��O��O 8�73580 131,603.70 App12 Jun-12 33.740.69 16,874.85 16.874.85 87.488.38 0.85 14.343.62 28.687.24 43.030.85 May-12 Jul-12 35.750.08 17.878.04 17.878.04 71.512.15 0.85 15.19633 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 36.909.83 55.364.44 ` Sub-Total ' 225,05771 47,994.75` 95,9�~^�` 4398429 Jul-12 Sep-12 32.945.51 16,472.76 16.472.78 65,881.02 0.85 14.001.84 28,003.68' 42.005.53 Aug-12 Oct-12 33.081.49 16.990.74 16.990.74 67,962.97 0.85 14.442.13 28.884.20 43.326.38 Sap-12 Nov-12 38.689.19 19.834/ 0 19.834.60 79,338.38 O�8S 16.859.41 33.718.81 50.578.22 / Sub-Total ' 213,192.37 45,30338" 90��---~- 1359�-14- Oct12 Dec-12 61.352.09 30.87805 30.876.05 132.70418 0.8' 26074.64 52.149.28 78.223.91 Nov-13 Jan-13 13.780.37 6.880.18 8.880.18 27,520.73 0.85 5.848.16 11.696.31 17.544.47 Dec-12 Feb-13 68.851.35 34.47567 34.475.67 Y3�A0Z00 U�O5 28'3O4�32 58'0O864 8 ' 8f�l80 - ' ' Sub-Total 288,Y27�00 61,22711 122,454.23 18I881.35 Jon-13 Mar-13 37.264.78 18.632.39 18.032.39 74,529.55 0.85 15.837.53 31.675.06 47.512.50 � ` Woodbridge Crossing Sales Tax Reimbursement Report Page / Filing Allocation City of 4B ' VVEOC Applicable VVEOC city Total Period Period '(0.5%) (}.5Y6) Total Rmto (%) Reimbursement Reimbursement Reimbursement `-~Feb-13 ---3''~-, '' 16.249.70 16.249.79 64,99915 0.85 13.812.32 27,624.64 -41 ,436.96 Mar-13 May-13 42.416.25 21.20813 21.208.13 8�03�5O D�85 18.O2S01 38.053.81 54.080.72 ~ . Sub-Total ��Y � 4�67�� Q��51' 1�0�37 � w* � Apr-13 Jun-13 31.850.38 15.075^9 15.975.19 63,90070 0.85 13.578.01 27.157.82 40.73873 May-13 Jul-13 35.623.93 17.811.97 17.811.97 71.247.80 0.85 15.14017 30.280.34 45.420.51 .` Jun-13 Aug-1 3 44805.27 22.402.63 22�O2.G3 0�6Y<153 O�85 . 19.O42�24 38.084�8 57.12G�71 ' ^ ==^ � Sub-Total 224,759.15 47,761.32 95,522.64 /43,283.96 ^ Jul-13 Sep-1 3 30.171.94 15.085.97 15.085.97 60,34387 0.85 12.83307 25.64614 38469.22 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 Sop-13 Nov-13 34.215.75 17.10788 17.107.88 68,431.50 0.85 14.541.69 39.08339 43.625.08 . � Sub-Total 19�OD055 4�8Of.3Q 8f'0O278 ��f22,404Y8 Oct-1 3 Dec-13 30.102.88 15.096.34 15.09834 60,38536 0.65 9.812.02 19.625.24 20.437.86 Nov-13 Jan-14 40.059.94 20.029.97 20.029.87 80,119.87 0.65 13.019.48 26.038.86 30.058.44 Dec-13 Feb-14 60.106.82 30.053.41 30.053.41 Y2U3Y�lS3 0�G5 1Q.53471 30.069.43 58.604.14 Sub-Total 2607/880 4Z3668/ 733.63 - '�127,10044 Jan-14 K8ar14 3488718 1' - 59 17,443.59 69,77435 0.05 11.338.33 22.676.66 34015.00 Feb-14 Apr-14 39.55017 19.775.00 10.775.00 79,100.34 0.65 12.853.81 25.707.61 38.501.42 Mar-14 °May-14 50.095.00 25.047.50 25.047.50 100,190.00 O�G5 1G�8O.88 32.5G175 48.842.G3 ^-- - �` ' ` Sub-Total 2�<�� 4�� 80,946.02 121,419.04 Apr-14 Jun-14 42.836.52 21.418.26 21.418.26 85.873.03 0.85 13.921.87 27.84373 41.765.60 May-14 Jul-14 44.483.44 22.241.72 22.241.72 88,866.88 0.65 14.457.12 28.914.24 43.371.35 Jun-14 Aug-14 54.191.06 27.005.53 27.095.53 108,382.12 O�05 17.612.09 3522419 52.83O.28 - ' Sub-Total ` '�-283,022.03 '- 45,801.08� ,'' Q1,Q82YG ' 34 Jul-14 Sep-14 41.60113 2080050 20.800.58 83,202.25 0.65 13.520.37 27.040.73 40.561.10 Aug-14 Oct-14 48.838.76 23.419.38 23.418.38 93.077.52 0.65 15.222.60 30.446.18 45.66779 Sep-14 Nov'14 58.574.10 39`287.05 28.287.05 Yf7,Y481/9 O�05 19.O3O�58 38.O73.1R 57.1O9�74 . . - _ _ ` Sub-Total 29402796 47,77954 9I55909 143,338.63 Oct-14 Dec-14 46.397.97 23.188.98 33.108.98 92,795.93 0.65 1 '079.34 30,158.08 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 Apr-17 Jun-17 49,482.64 24,741.32 24,741.32 98,965.28 0.65 16,081.86 32,163.72 48,245.57 May-17 Jul-17 59,698.44 29,849.22 29,849.22 119396.87 0.65 19,401.99 38,803.98 58,205.97 Jun-17 Aug-17 78,250.78 39,125.39 39,125.39 156,501.55 0.65 25,431.50 50,863.00 76,294.51 374,863.70 60,915.35 121,830.70 182,746.05 Totals 8,177,969.25 1,487,963.43 2,975,926.85 4,463,890.28 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 $250a17 $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 5,446.64 2,723.32 2,723.32 $10,893.27 $2,723.32 Sub-Total $93,465.02 $23,366.26 May-17 Jul-17 6,978.40 3,489.20 3,489.20 $13,956.79 3,489.20 Jun-17 Aug-17 35,612.74 17,806.37 17,806.37 $71,225.48 $17,806.37 Jul-17 Sep-17 0.00 0.00 0.00 $0.00 $0.00 Sub-Total $85,182.27 $21,295.57 Total $1,177,959.47 $294,489.87 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 4/15/20161 $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 Ill -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- .anont� 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 SAF Holland A. Tax Incentive: Maintain on property,taxable personal property owned by Company valued at or above 50%of BPP $14,375,324 (Tax Threshold). tax paid in excess of Tax 1/31/2019 Threshold. Maintain on property,taxable personal property owned by Company valued at or above $14,375,324(Tax Threshold). 1/31/2020 Maintain on property,taxable personal property owned by Company valued at or above $14,375,324 (Tax Threshold). 1/31/2021 B. Employee Incentive: Employ up to 45 employees over 133 (Employee $1,000/emp Threshold). One time payment of$1,000 per over employee added. 1/31/2017 Threshold Employ up to 45 employees over 133 (Employee $1,000/emp Threshold). One time payment of$1,000 per over employee added. 1/31/2018 Threshold Outstanding Performance Agreement Summary Employ up to 45 employees over 133 (Employee $1,000/emp Threshold). One time payment of$1,000 per over Not to exceed $45,000 employee added. 1/31/2019 Threshold total incentive. 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 $91,6661 Loan Advance Forgiven E. Evidence of Continuous Operation 12/31/2017 $91,668 Woodbridge Crossing Phase I. CO for Initial Phase including a Super 65%sales tax reimb 2009- Target by 8/1/09. 8/1/2009 2013; 85%sales tax reimb No further performance requirements. Default declared reducing maximum incentive from $12 Reimbursement mm to $6 mm. 2021 spreadsheet attached W M Environmental Program Tracking Invoiced Date Descr. of Work Proj.Total 605 Commerce Project Total: 144,223.13 Phase II 4,138.75 2/28/15 Completed Labor: Laura Foss;James Maxwell; Clay Snider; Michael Whitehead Contracted Amt:$11,500 1,967.65 2/28/15 Laboratory 4,878.30 2/28/15 Drilling 124.12 2/28/15 Misc.Supplies 151.25 2/28/15 W&M Equipment 250.00 2/28/15 Vehicle Usage P-2 12.39 8/18/15 Postage 47.50i 8/31/15 Labor: Mark Smith Total 11,569.96 VCP(Vol. Cleanup Prog) 10,324.00 6/23/15 Labor: Frank Clark; Laura Foss; Hichael Henn,James Maxwell; Paul Rodusky; Mark Smith; Clay Snider; William Soderstrom; Ross Tucker; Michael Whitehead Contracted Amt: $38,000 3,325.80 6/23/15 Laboratory 1,150.00 6/23/15 Supplies/Permits 690.00 6/23/15 Other Sub-contractors 4.90 6/23/15 Misc. Supplies 1,175.75 7/14/15 Labor: Frank Clark,; Clay Snider; Michael Whitehead 2,632.35 7/14/15 Drilling 9.38 7/14/15 Postage/Shipping/Delivery 32.62 7/14/15 Misc. Supplies 13.23 7/14/15 Mileage 187.50 7/14/15 Vehicle Usage P-2 361.75 7/14/15 W&M Equipment 1,425.00 8/18/15 Labor: Shan Ahmad;James Maxwell; Clay Snider 517.50 8/18/15 Laboratory 3,041.75 8/18/15 Drilling 925.75 8/18/15 Other Sub-contractors 11.16 8/18/15 Misc. Supplies 64.63 8/18/15 W&M Equipment 125.00 8/18/15 Vehicle Usage P-2 1,066.25 8/31/15, Labor: James Maxwell; Clay Snider; Michael Whitehead W M Environmental Program Tracking 893.55 8/31/15 Laboratory 521.25 9/30/15 Labor: Shan Ahmad; Mark.Smith; Clay Snider 287.50 10/31/15* Labor: Clay Snider 402.50 12/15/15 Labor: Clay Snider 631.25 12/31/15 Labor: Clay Snider, Michael Whitehead 143.75, 12/31/15 Other Sub-contractors 84335 1/31/16 'Labor: Michael Henn, Mark Smith, Clay Snider 1,612.50 2/29/16 Labor: Shan Ahmad, Clay Snider 1,010.85 2/29/16 Laboratory 8.24 2/29/161 Misc.Supplies 396.14 2/29/16 Vehicles/ Equipment 983.75 3/31/16 Labor: Michael Henn,Jeremiah Roy, Clay Snider 142.50' 4/30/16 Labor: Jeremiah Roy, Clay Snider Labor: Shan Ahmed,James Maxwell, Antonia Pacholczuk, Paul 3,201.25 6/30/16 Rodusky,Jeremiah Roy, Michael Whitehead, Ross Zapalac 38,163.10 APAR(Affected Property Assessment Report) 805.00 7/14/15 Labor: Clay Snider Completed 87.50 8/18/15 Labor: Michael Henn Contracted Amt: $16,000 2,676.25 8/31/15 Labor: Laura Foss; Michael Henn; Clay Snider 11.73 8/31/15 Misc.Supplies 398.50 8/31/15 Vehicle usage P-2; W&M Equipment 2,880.00 9/30/15 Labor: Shan Ahmad;James Maxwell;Antonia Pacholczuk; Clay Snider; Michael Whitehead. 536.00 10/31/15 Labor: Clay Snider; Frank Clark 38.56 10/31/15 Subcontractors: Postage &Shipping 230.00 12/15/15 Labor: Clay Snider 115.00 12/31/15 `Labor: Clay Snider 3,107.50 1/31/16 ;Labor: Shan Ahmad, Frank Clark, Michael Henn,Jeremiah Roy, Clay Snider 350.00 4/30/16 Labor: Jeremiah Roy 195.00 5/31/16 Labor: Shan Ahmad, Clay Snider 660.00 10/31/16 Labor: Clay Snider W M Environmental Program Tracking 502.50 11/30/16 Labor: Michael Henn,Joshua Hopper, Clay Snider 173.50 12/31/16 Labor: Antonia Pacholczuk, Clay Snider 172.50 1/31/17 Labor: Michael Henn, Clay Snider, Michael Whitehead 317.00 2/28/17 Labor: Frank Clark, Michael Henn,Jeremiah Roy 1,591.00 4/30/17 Labor: Jeremiah Roy, Clay Snider, Michael Whitehead 174.25 5/31/17 Labor: James Maxwell, Clay Snider 555.00 7/31/17 Labor: Frank Clark, Michael Henn, Clay Snider Total 15,576.79 MSD (Municipal Setting Designation) 393.75 7/14/15 Labor: Michael Henn 384.00' 8/18/15 Labor- Frank Clark, Michael Henn Contracted Amt: $25,000 1,336.23 8/18/15 Aerials/Maps/Photos 195.75 8/31/15 Labor: Frank Clark, Michael Henn 1,020.00 9/30/15 Labor: Laura Foss 2,241.25 10/31/15 Labor: Frank Clark, Michael Henn; Michael Whitehead 87.50 12/15/151 Labor: Michael Henn 1,476.25' 12/31/15 Labor: Frank Clark, Holly Stockton, Michael Whitehead 28.44 12/31/15 Mileage 837.50 1/31/16, Frank Clark, Michael Henn 4,292.50 2/29/16 Labor: Shan Ahmad, Frank Clark, Michael Henn,Jeremiah Roy, Clay Snider 97.75' 2/29/16 Meals 1,873.75 3/31/16 Labor: Shan Ahmad, Frank Clark,Jeremiah Roy,Clay Snider, Michael Whitehead Labor: Frank Clark, Michael Henn,Jeremiah Roy, Mark Smith, Clay 1,495.00 4/30/16 Snider, Michael Whitehead 221.25 5/31/16 Labor: James Maxwell, Clay Snider 87.50 9/30/16 Labor: Clay Snider, Michael Whitehead 1,516.25 10/31/16 Labor: Frank Clark, Michael Henn, Clay Snider, Micahel Whitehead 903.75! 11/30/16 Labor: Michael Henn,Joshua Hopper,Jeremiah Roy, Clay Snider Labor: Frank Clark, Michael Henn,James Maxell,Antonia 2,332.75 12/31/16 Pacholczuk, Clay Snider, Michael Whitehead 24.62 12/31/16 Postage/Shipping/Delivery 131.00! 1/31/17 Labor: Frank Clark, Clay Snider 2,827.50 2/28/17 Labor: Frank Clark,James Maxwell,Antonia Pacholczuk W M Environmental Program Tracking 290.00 3/31/17 Labor: Frank Clark,Antonia Pacholczxuk 385.25 3/31/17 Subcontractors: Postage and Delivery Labor: Frank Clark, Michael Henn,James Maxwell, Michael 678.50; 4/30/17 Whitehead. 1,150.00 4/30/17 Subcontractors. Total 26,308.04 Indoor Air Sampling Contract: $3,300 470.00 4/30/16 Labor: Mark Smith, Clay Snider Completed 90.00 5/31/16 Labor: Clay Snider 1,603.75 6/30/16 Labor: Michael Henn, Clay Snider 1,472.00 6/30/16 Other Sub-Contactors: Laboratory Total: 3,635.75 Response Action Plan (RAP) 502.50 7/31/16 Labor: Joshua Hopper, Clay Snider Contract: $10,500 Labor: Frank Clark,Trudy Hasan,James Maxwell, Clay Snider, Ross 2,810.00 8/31/16 Tucker, Michael Whitehead. 36.27 8/31/16 Shipping, postage, delivery 393.75 9/30/16 Labor: Shan Ahmad 770.00 10/31/161 Labor: Michael Henn, Clay Snider, Michael Whitehead 172.50 11/30/16 Labor: Michael Henn,Joshua Hopper 45.00 1/31/17 Labor: Michael Henn 172.50 2/28/17 Labor: Michael Whitehead 704.00 3/31/17 Labor: Joshua Hooper,James Maxwell,Trey Nelson 1,761.00 4/30/17 Labor: Michael Henn,Joshua Hopper, Clay Snider 1,249.00 5/31/17 Labor: Frank Clark,Joshua Hopper, Clay Snider, Michael Whitehead 309.35 6/30/17 Laboratory, Postage,Shipping, Delivery 589.00 7/14/17 Labor: Clay Snider 38.50 7/31/17 Labor: James Maxwell 61.09 7/31/17 Subcontractors: Postage/Shipping Total: 9,614.46 Soil Excavation Contract: $19,700 93.00 1/31/17 Labor: Clay Snider W M Environmental Program Tracking Change Order: $18,500 Labor: Michael Henn,Joshua Hopper,Trey Nelson, Clay Snider, 2,643.00 2/28/17 Michael Whitehead Total Contract: $38,200 1,972.25 2/28/17 Subcontractors: Laboratory($1,167.25), Other($805) 18.02 2/28/17 Reimbursable Expenses: Misc.Supplies Labor: Andrew Adams, Nicholas Foreman, Michael Henn,Trey 2,012.40i 3/31/17 Nelson, Clay Snider, Michael Whitehead 15,568.98 s 3/31/17 Laboratory; Other Sub-contractors 748.00 4/30/17 Labor: Andrew Adams, Frank Clark, Michael Henn, Clay Snider Subcontractors: Laboratory($738.30) and Other Subcontractors 6,097.53 4/30/17 ($5359.23) 372.00 5/31/17 Labor: Clay Snider 621.00' 5/31/17 Laboratory Total 30,146.18 Response to TCEQ 458.75 10/31/16 Labor: Michael Henn, Clay Snider Contract: $2,500 1,841.15 10/31/16 'Subcontractors: Laboratory($1,381.15), Drilling($460) 402.50 11/30/16 Labor: Michael Whitehead Total: 2,702.40 Groundwater Sampling: 515.00 7/31/17 Labor: Michael Henn,Joshua Hopper, Clay Snider Contract: $3,900 1,490.00 8/31/17 Labor: Clay Snider,Joshua Hopper 1,577.56 8/31/17 !Subcontractors: Laboratory, Supplies, Permits, Equip Rental 315.00 8/31/17 Vehicle/Equipment Usage 3,897.56 RAER and Submit to TCEQ 775.00' 7/31/17 Labor: Clay Snider Labor: Frank Clark, Michael Henn,Joshua Hopper,Antonia Contract: $3,300 1,824.75 8/31/17 Pacholczuk, Clay Snider 9.14 8/31/17 Postage/Shipping/Delivery 2,608.89 900-908 Kirby Project Total: 26,342.31 Phase I -Contract$2,800 2,800.00 10/31/16 Completed 2,800.00 Limited Phase II - Labor: Shan Ahmad, Michael Henn,Joshua Hopper, Clay Snider, Contract$17,000 4,052.50 9/30/16 Michael Whitehead W M Environmental Program Tracking 11.18 9/30/16 Mileage 227.25 9/30/16* Vehicle Usage/W&M Equipment 937.50 10/31/16 Labor: Shan Ahmad, Michael Henn, Clay Snider, Michael Whitehead 11,450.55 10/31/16 Subcontractors: Laboratory($3,685.75), Drilling($7,764.80) 98.36 10/31/16 Misc.Supplies 218.75 10/31/16 Vehicle Usage/W&M Equipment 16,996.09 Soil;Management Plan 871.00 4/30/17 Soil Management Plan: James Maxwell, Clay Snider, Michael Whitehead 544 Gateway 553.75 5/31/17 Labor: James Maxwell,Trey Nelson, Clay Snider Contract: $7,000 352.50 5/31/17 PM &Assistance: Michael Henn, Michael Whitehead 716.25 6/30/17 Labor: James Maxwell, Clay Snider 53.71 6/30/17 Supplies& Permits Project Mgmg&Assistance: Frank Clark, Michael Henn,James 2,021.50 6/30/17 'Maxwell, Michael Whitehead 483.00 7/31/17 Labor: Frank Clark, Clay Snider 165.31 7/31/17 Subcontractors: Postage/shiping 135.00 7/31/17 PM &Assistance: Michael Henn 124.00 8/31/17 Develop Soil Management Plan: Clay Snider 1,061.00 8/31/17, PM &Assistance: Frank Clark, Michael Henn, Clay Snider 9.20 8/31/17 Reimbursable Exp: Gas/Parking/Tolls 6,546.22 Hwy 78-CFA VCP Project Total: 58,317.46 Contract$68,000 1,233.00 1/31/17 Labor: Frank Clark, Clay Snider, Michael Whitehead Proj. Mtgs: Frank Clark. Michael Henn,James Maxwell,Trey Nelson, 1,134.25 2/28/17 Michael Whitehead Subsurface Investigations: Frank Clark,Joshua Hopper,James Maxwell,Trey Nelson,Jeremiah Roy, Clay Snider, Michael 5,060.00 2/28/17. Whitehead 9,184.48 2/28/17 Subcontractors: Laboratory ($1,597.35), Drilling ($7,587.13) 570.77 2/28/17 Supplies 575.50 2/28/17 Vehicles& Equipment 1,794.00 2/28/17 VCP Application: Frank Clark, Clay Snider 108.00 2/28/17 Drinking Water Survey: Jeremiah Roy W M Environmental Program Tracking 400.00 2/28/17 Affected Property Assessment Report- Frank Clark 155.00 3/31/17 Proj. Mgmt Labor: Clay Snider 1,856.00 3/31/1T S bsurface Investigation: Frank Clark,Joshua Hopper, Clay Snider 4,893.25 3/31/17 1Subsurface Investigation-Subcontractors: Laboratory, Drilling 65.98 3/31/17 Subsurface Investigation -Reimbursable Expenses: Misc Supplies 374.31 3/31/17 Subsurface investigation -Vehicles& Equipment VCP Application: Michael Henn,James Maxwell,Trey Nelson, 718.75 3/31/17 Jeremiah Roy, Michael Whitehead 1,220.14 3/31/17 VCP Investigation: Supplies, permits, postage, shipping delivery 1,580.00 3/31/17 Drinking Water Survey: Jeremiah Roy, Clay Snider Affected Property Assessment Report- Frank Clark,Joshua Hopper, James Maxwell,Trey Nelson,Jeremiah Roy, Clay Snider, Holly 8,052.25 3/31/17 Stockton, Michael Whitehead 287.50 4/30/17 Prof. Mgmt Mtgs(Michael Whitehead); Other Sub-contractors; APAR (Frank Clark, Michael Henn,James Maxell,Trey Nelson,Antonia Pacholozuk,Jeremiah Roy, Clay Snider, 2,012.50 4/30/17 Holly Stockton, Michael Whitehead) DWS (Frank Clark,James Maxwell,Jeremiah Roy, Clay Snider, 1,044.50 4/30/17 Michael Whitehead) 245.27 4/30/17 Aerials/Maps/Photos/Postage/Shipping APAR (Frank Clark, Michael Henn,James Maxell,Trey Nelson, Antonia Pacholozuk,Jeremiah Roy, Clay Snider, Holly Stockton, 5,818.25 4/30/17 Michael Whitehead) 30.74 4/30/17 Postage, Delivery, Shipping 501.50 5/31/17 Project Mgmt& Meetings: Frank Clark,James Maxwell, Clay Snider Project Mgmt& Meetings: Frank Clark, Michael Henn,Trey Nelson, 2,097.25 6/30/17 Clay Snider, Michael Whitehead 462.00 6/30/17 Labor: Trey Nelson 92.50 6/30/17 Vehicles& Equipment W M Environmental Program Tracking 284.00 7/31/17 Project Nigmt& Meetings: Frank Clark, Clay Snider 1,842.50 7/31/17 Subsurface Investigation: Trey Nelson,Joshua Hopper, Clay Snider 3,090.91 7/31/17 Drilling& Laboratory 81.25 7/31/17 Vehicles& Equipment 1,414.00 8/31/17 Project Mgmt& Meetings: Frank Clark, Clay Snider 17.86 8/31/17 Sub-contractors: Postage/shipping/delivery 19.25 8/31/17 Subsurface Investigations: James Maxwell 58,317.46 Spent Contracted Total . Expenditures: 228,882.90 $247,000 Regional Housing Permits Wylie Lavon 09 10 11 12 13 14 15 16 17 09 10 11 12 13 14 15 16 17 January 28 20 16 18 14 46 9 'm January 3 8 2 4 5 4 6 2 12 February 18 9 ® 14 20El 4 36 February 4 7 11 2 5 11 6 5 1 28 18 �, 30D43 � March 10 8 3 6 3 17 8 3 0 March 26 20 April 16 Ell 18 29 38 10 MI 41 70 April 6 13 1 12 24 7 11 1 1 May Ei 26 18 20Egi 26 68 101 45 May 7 8 1 0 9 17 4 4 11 June 36 24 19 OM 9 CI 58 98 June 12 12 9 2 _ 5- 12 5 1 7 July DE 20 19 18 29 36 34 60 July 14 11 2 3 1 14 12 1 1 August 24 16 20 19 19 30 DE August 14 12 9 6 3 1 5 0 12 September 38 Elam 8 MI 24 18 la September 1 0 6 7 6 2 7 0 October El 16 28 30 �m 261111 October 3 14 4 2 1 9 5 0 November®®E1 14 18 20 DEE November 13 5 5 3 2 1 2 0 December 10 16Ei 65 38 i, 39 December 2 1 7 1 4 5 6 0 TOTAL ®C 201 230 236 280 409 el TOTAL 89 99 60 48 68 100 77 17 45 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 10 3 11 8 29 17 31 15 March 4 15 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 21 15 June 12 13 6 19 15 6 7 4 0 June 17 11 8 17 14 16 38 25 14 July 12 7 7 16 7 22 4 2 8 July 11 15 7 14 15 30 12 22 17 August 6 3 4 13 15 16 2 21 0 August 12 14 5 19 10 29 41 32 8 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 20 TOTAL 136 118 98 148 149 280 260 274 111 Inspiration Jan Feb Mar Apr May Jun 'Jul Aug Sep Oct Dec Tota? 15 5 '! 12 10 6 17 13 14 4 ', 13 8 11 118 16 10 19 11 9 7 13 40 8 14 13 2 164 17 10 12 26 29 18 30 16 17 1 158 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 Estates of Pleasant Valley Phase II -(21 Lots) Trailsplace Lot 6-BR& 6 C-0.256 ac 2 Lots Serene Townhomes (122 units) Kreymer Park-45.57 ac 151 Lots Malone Estates (37 lots) Kreymer Estates Phase 3 - 29.7654 ac 74 Lots Estates of Pleasant Valley Phase I - (42 lots) Braddock Place Phase 5-28.019 ac Railroad Addition Block 31- 1 ac. ETJ Creekside Estates Ph 9 - 12 ac C &F Copeville Addition 3.515 ac 3 Lots Covington Estates Phase 2 - 13.927 ac Geckler Addition - 14.274 ac 1 Lot Kreymer Park-45.57 ac 151 Lots Reyes estates -3.61 ac 2 Lots Creekwood Estates - 15.717 ac 20 Lots Creeks Crossing -3.187 ac 2 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 lots 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 WEDC Activity Log Prestonwood Country Club . _ . 7/22/17 Satterwhite Doug Otte, Billy Cue Dining 10.38 7/25/17 Satterwhite Cart Rental 20.03 7/27/17 Satterwhite, Greiner InvenTrust(4) Dining 66.71 7/29/17 Satterwhite Doug Otte Dining 9.45 7/31/17 n/a n/a August Dues 659.51 766.08 ylie cono ic I evelo s e t or s oratio I TO: WEDC Board of Directors FROM: Sam Satterwhite, Executive Direct() SUBJECT: Future Agenda Items DATE: September 10, 20 17 Issue Discussion of issues to be placed on future WEDC Board Meeting agenda (no substantial consideration/discussion allowed). Analysis During this Discussion Item, Board Members will have the opportunity to propose that an issue be placed on a future agenda for consideration. The Board will note that no substantial consideration/discussion is allowed so that there will not be a violation of the Open Meetings Act which requires discussion/action items be placed on Agenda's with specific language as to what will be discussed. For example, the above language will allow a Board Member to present a request for a certain item to be placed on an agenda for consideration, but not the ability for the same Board Member to argue the merits of the issue. Conversely, another Board Member may not discuss the merits as to why they may not want that particular item on a future agenda. Recommendation This Item is for discussion only and will provide direction to Staff. No formal action is allowed.