11-15-2017 (WEDC) Agenda Packet i I I I
ylie Economic Development
CORPORATION
egular eeting Agenda
November 15, 2017—6:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78 — Wylie, Texas
Marvin Fuller......... .............. . . .. . ... ..... .......,.... . .... .. ......, .......,. President
Todd Wintters...;.:. ......... ....... . ............Vice President
JohnYeager ........ ......... . .......: ......... . ......... ......;., ......,., .. ......, ........„.Secretary
Demond Dawkins............. ......... ......... .......,. ... ...... . ........Treasurer
Bryan Brokaw....... .......... .......... . ....... . ....... . .Board Member
Mayor Eric Hogue ......... ........ ......... ...............:Ex-Officio Member
Mindy Manson,City Manager..,.. .......:. .,. .......... ......:..........Ex-Officio Member
Samuel Satterwhite ......... ......... ........ ......... :., .,....,.:........Executive Director
Jason Greiner....... .....:... ......... ......... . .... ...., . ......,. ......,.. ........:..........Assistant Director
Angel Wygant.... . .... ... . . ........,. ...... ..;. ....... .. ..... .......;.. ....... . .........Senior Assistant
In accordance with Section 551.042 of the Texas Government Code, this agenda has been posted at the Wylie
Municipal Complex, distributed to the appropriate news media, and posted on the City Website: www.wylietexas.gov
within the required time frame.
CALL TOO' I 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 ITEMS
I. Consider and act upon approval of the October 25, 2017 Minutes of the Wylie Economic
Development Corporation (WEDC) Board of Directors Meeting.
II. Consider and act upon approval of the October 2017 WEDC Treasurer's Report.
III. Consider and act upon approval of a Performance Agreement between the WEDC and
Mikten, Inc.
DISCUSSION ITEMS
IV. Staff report: review issues surrounding WEDC Performance Agreement Summary,
Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway Property,
KREA Acquisition, LLC, WEDC Promotional Activities, and regional housing starts.
V. Discussion of issues to be placed on future WEDC Board Meeting agenda (no substantial
consideration/discussion allowed).
WEDC—Agenda
November 15, 2017
Page 2 of 2
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
• Cooper& 544
• Brown &Highway 78
• Brown & Ballard
• Oak& Birmingham
• Brown &Eubanks
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 2015-12a
• Project 2017-8a
• Project 2017-10a
• Project 2017-11a
• Project 2017-11b
' CONVENE INTO OPEN MEETING
ADJOU MENT
CERTIFICATION
I cert61 that this Notice of Meeting was posted on this 10th day of November 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, October 25, 2017—6:30 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 6:32 a.m. Board Members present were
John Yeager, Todd Wintters, and Bryan Brokaw.
Ex-officio members Mayor Eric Hogue and City Manager Mindy Manson were present.
WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner
and Senior Assistant Angel Wygant.
CITIZEN PARTICIPATION
With no further citizen participation, President Fuller proceeded to Action Items.
ACTION ITEMS
ITEM NO. 1—Consider and act upon approval of the October 10,2017 Minutes of the Wylie
Economic Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by Todd Wintters and seconded by
John Yeager to approve the October 10,2017 Minutes of the Wylie Economic
Development Corporation. The WEDC Board voted 4 — FOR and 0 —
AGAINST in favor of the motion.
ITEM NO. 2 — Consider and act upon approval of the September 2017 WEDC Treasurers
Report.
Staff reviewed key items within the Treasurer's Report and called the Board's attention to a
duplicate expense ($60,915.35) booking within Incentives. This expense was not paid twice but
was recorded twice and is being corrected by Finance. The Treasurer's Report memo reflects the
correct total expense. Staff recommended that the Board approve the September 2017 Treasurer's
Report subject to the correction within Incentives.
MOTION: A motion was made by John Yeager and seconded by
Todd Wintters to approve the September 2017 Treasurers Report, subject to
the correction by the Finance Department, for the Wylie Economic
Development Corporation. The WEDC Board voted 4 — FOR and 0 —
AGAINST in favor of the motion.
Mr. Demond Dawkins arrived at 6:40 a.m.
WEDC—Minutes
October 25, 2017
Page 2 of 3
ITEM NO.3—Consider and act upon a Performance Agreement between WEDC and DANK
Real Estate, Ltd.
DANK Real Estate (dba Deanan Gourmet Popcorn) currently owns and operates out of a 10,437
square foot facility located at 216 Windco Circle in Wylie. Staff reminded the Board that DANK
purchased the original 5,000 square foot facility in 2011 and expanded that facility (with WEDC
assistance)to its current size in 2014. DANK has been evaluating options for an additional 10,140
sf expansion at one of its current Texas facilities (Wylie vs. San Antonio).
Staff proposed an $83,000 incentive over a 4-year period for the expansion of the Wylie facility.
Performance criteria includes construction of an additional 10,140 square feet at a minimum cost
of $1,500,000 at the current facility on Windco Circle, addition of 8 full-time employees,
continuous operation of the facility, and being current on all property taxes.
MOTION: A motion was made by Bryan Brokaw and seconded by John Yeager to
approve a Performance Agreement between the WEDC and DANK Real
Estate, Ltd. The WEDC Board voted 5 —FOR and 0—AGAINST in favor of
the motion.
DISCUSSION ITEMS
ITEM NO. 4 — Review and discuss WEDC By-Laws to determine the need for potential
amendments.
On 9-20-17, the Board directed staff to place the WEDC By-laws on a future agenda for review in
order to begin the process of evaluating the need for further amendments. WEDC Counsel, Ryan
Pittman, completed a preliminary review which was distributed to the Board. The Board agreed
that since the By-Laws were last amended in 1999,it would be a good exercise to conduct a review
of the current By-Laws to determine if any changes might be needed. Staff was asked to research
the current applicable laws for Economic Development Corporations so that the Board could
discuss this task during future Meeting/Work Session. John Yeager also called the Board's
attention to Section XIII, 13.01 INDEMNITY and raised the concern that the language including
"negligence" was overly broad and should be amended.
Staff agreed to conduct additional research on current laws applicable to Economic Development
Corporations, and place this item on a future agenda.
ITEM NO. 5 - Staff report: Staff reviewed issues surrounding WEDC Performance Agreement
Summary, Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway
Property, KREA Acquisitions, LLC (La Quinta), WEDC Brokerage event, Oktoberfest and
regional housing starts.
No action was requested by staff for this item.
WEDC—Minutes
October 25, 2017
Page 3 of 3
ITEM NO. 6 —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 7:56 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& Highway 78
• Brown&Highway 78
• Brown& Ballard
• Alanis & Sanden
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 2015-12a
• Project 2017-2a
• Project 2017-6a
• Project 2017-8a
• Project 2017-10a
RECONVENE INTO OPEN MEETING
The WEDC Board of Directors reconvened into open session at 9:11 a.m. and took no action
ADJOU' MENT
With no further business, President Fuller adjourned the WEDC Board meeting at 9:11 a.m.
Marvin Fuller, President
ATTEST:
Samuel Satterwhite, Director
ylie cono ic I evelo s e t Cor I oration
• - A D U
TO: Samuel Satterwhite, Executive Director
FROM: Angel Wygant, Senior Assistant
SUBJECT: October 2017 Treasurer's Report
DATE: November 3, 2017
Issue
Consider and act upon approval of the October 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 - $53,577.52. 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 26 payments remaining with a balloon
payment of$33,248.44 due on 12-15-19.
Account Rec — Forgivable Loans - $371,666.66. This figure includes the remaining balance of
The Wedge loan in the amount of $91,666.66. Assuming The Wedge remains in compliance
with their Performance Agreement, forgiveness of the remaining loan balance will be made on
12/31/17. The figure above also includes the loan made to Exco Extrusion Dies in the amount of
$350,000. The first loan payment was forgiven on February 24, 2017 in accordance with the
terms of the Performance Agreement. Assuming Exco remains in compliance, the remaining 4
loan payments will be forgiven in equal amounts of $70,000 on an annual basis effective
February 24th
Deferred Outflows - $598,000. 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, Trout - $15,000, REVA Hospitality- $100,000, DCU. -
$100,000, DANK Real Estate - $83,000.
WEDC October 2017 Treasurer's Report
November 3, 2017
Page 2 of 3
Balance Sheet,page 2:
Deferred Inflow - $212,577.52. 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
September was $770.04 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). The first payment of $39,000 was forgiven on 2-24-17 with four payments
remaining.
Revenue and Expense Report,page 2:
Interest Earnings - $226.45. Interest earnings from the Wylie Ice Cream Holdings.
Loan Repayment- $770.04. Principal payment from the Wylie Ice Cream Holdings.
Rental Income — $10,100. DCU - $3,000, Delta-E - $800, Austin Said - $3,000, Helical
Concepts - $400, Wheels Unlimited - $1,400, Trimark- $1,000, Richmond Hydromulch- $500.
Revenue and Expense Report,page 3:
Food Supplies - $100.00. Rotary Lunch($100).
Incentives — ($60,915.35). Correction of duplicate expense entry for Woodbridge Parkway Sales
Tax Reimbursement payment (paid once but entered twice).
Special Services—$157.50. Janitorial Services.
Advertising- $1,500. Connection Magazine.
Community Development - $2,700. Magic of Wylie Sponsor ($1,000), Wounded Warrior
Sponsor($500), Leadership Wylie—Greiner ($700), Rotary Sponsor($500).
Travel &Training- $22.28. Bus Mtg/Proj. Updates.
Dues & Subscriptions - $12,848. Impact Data - Dashboard Subscription ($4,750), Xcelligent
Aval. Prop. Tool ($5,850), Wylie Chamber Dues ($1,500), Rotary Dues—Wygant($748).
Insurance - $3,860.16. WEDC Property—Insurance Premium Assessments.
WEDC October 2017 Treasurer's Report
November 3, 2017
Page 3 of 3
Recommendation
Staff recommends that the WEDC Board of Directors approve the October 2017 Treasurer's
Report.
Attachments
October 2017 Treasurer's Report
Sales Tax Revenue
11-1.0-i' bi': 02.5,i PM 'OTY OF WY!IE, PACED
BALANCE SHEET
AS, OF) &'1k.8 OB3.ER 3IST0 POI
1 6 1-WY1.CE: E',C'0N04T1' HAVE1_ CORP
1'3t:&`m'*.7rNT TITLE
fry"»..
ASSETS
1I)11-10110 C"LASN1. OD 3010 I CASH F:5IJZV H17,264,79
1 3 3C}-101 y 2 NrASH' - YTE')C ONECE l 0.00
10130-1 13 E; t:Ri'lit 41.00
1000 101 Cd 11EPca;;ITs 2,0)0.3I0
1100-101213 6IT1U'1 - NSISe: +.:4,EAR1Nt. 0.00
100 1--10341 TONE 1C 3 0.00
1011E1-1::343 `.C;'1C" 0,00
11
r 3013-1 481 INTEREST REC E/BAR'L 0.00
10)1-1151::1 ACCTS REC.. - 1'0E3' El 30
I0 0.11512 AC"E.S ROE - SALES TAX I .00),,
1000-12ST° LEASE PAYMENTS RECEIVABLE 0.00'
1000-1 35r3 LOAN FF11111E0B 111t'I'VIE!!!° 0.0111:
1001€-1 `% 1,0AN REAR/PARTE N30577.22
50410-12c1ep7 ACCTS S1'' - ,T1M TECH 0.00
1000--1231* AcCTS BE - E331311IVEABLF LOANS 37 t,666.D33'
1C4U°-14112 INVEN1°RY - N1rCTER1Ai.t SUPPLY 0.00
1000-1 4 1 1 6 IDDEN ORY BAND 6 But9,E101100 I3, 3;10,0135.5i1
101 0-1I11 3 INVENTORY :- B BRAD/ BANDER BLVD 0.00
1000-143I0 PREPAID EXPE,NDS'S - mISC' 0.00:
11100-14410 DEFERRED L51t1'FI.OE3 I SB,001s.4S0
�. ...� 10,271,510.1'A
us scussmc
TOTAL ASSETS S 10(2710519.41
I LADILITI 0
I loll 20110 FP:DERAL IN '110 TAX. PAYABLE 0.034
2000-20111 MEDICARE PAYABLE 0,00
2.000 F111D CHILD S11.1&3109 PAYABLE- 0.0)
2000-2111.13 CREDIT C1NI01 DATABLE 0.00
2000-20114 1RS 11''VY PAYABLE 11,1 3
241011-21131 NATIONWIDE 01"1PrrPD COMP 0.0£1
200 -2t1116 HEALTH INSOR PrAY-F:N100t'1* ( SYS.?"I)
20130-20/17 '1N4R5 DATABLE U.00
?T111O-201.7S ROTH 114? PAYATII.C, 0.140
2000-2011P NURSERS CI1140 PAYABLE 0.00
201 111-2 01'20 FICA F,A.Y"ABLE 11.00
.01)C-2Pt21 TE,C, PAYABLE 0.310`
20I10-20I 2 STUDENT SCIAN LEVY PAYABLE 0.01
4000-2012:1 U. 141ONY PAYABLE 0.00
2000-20124 8A101L1PTAY IkASKSF 0.00
200 0-20125 VAIII. DEFERRED C:0N4P 0.00
2D°721111E SC'143 I=AYAE1,E 0.00
20011-. 12."d FMB. LEGAL SEL02ICE"S: PAYABLE 0.110.:
20)072°1 3° F'LENTEL,E: SPENDING ACCCIUNI 10250.00
20I10-20131 E1DWaARD JONES DEFERRED Ir6,AN11' 0.11
21)3-2lI' 32 EM" CARE 5"S1,°1'S 1.2.00
2 00-20151 AAARUEL3 MAMBA PAYABLE 0.00
2 00-21T180 ALl'I'F EMPLOYEE THRUM P11Y 0,110
2000-R019H MI RC PAYROLL PAYABLE, 0.00
11-10-ROIL ORtDR PH CITY OF WyLIE PAGEr, 2
BALANCE SHEET
AS OF1 OCTORRX 31ST, 2011
111-WY LIE ECONOMIC XEXEL CORP
ReC°U0T# TITLE
2000-20291 AP PENDING 9,499.09
2000-20210 ACCOUNTS PAYABLE 195,265.%RR
2000-R0590 PROPERTY TAXED PAYABLE 0.00
2000-20540 NOTES PAYADLE 59R0000.00
2°°a 2°810 RUE: TO GENERAL EXIF. 0.00
2000-22270 DEFERRED INFLOW 912057D-52
2090-22279 OEF IDDLOX - LEASE 29TRICTPAL 0.00
2000-22280 DEFDRREX TXPLOX - LEASE INT 0,00
2000-22915 RENTAL DEPOSITS 3,000.00
TOTAL LTABTLTTIES RXX,X04.51
EQUITY
DOOR-24110 FUND DDLDNCE - RESERVED 9.09
X099-34990 FUND BALANCE DURRZRERVRXRIDEXID 8,229,397.49
TOTAL BEGINNING EQUITY 8 229 352.46
TOTAL REVENUE 5,490,522.61
TOTAL EXPENSES 4,9301910.12
REVENUE XXXR/(UNDLR) EXPENSES 1,114,451.44
TOTAL RONXTX & OXER2(XXXER) 9,9DX (I4,X0
TOTAL LT9RILITIRR0 E00RT2 OXERR(UNDRX) 1022.71,51R-4R
11 T10 EED1T 02:53 PM CITY OF WYLIE EASE;
BALANCE SHEET
AS DV: OCTOBER S1ST# SOLT
BTE-OEN LONE TERM DEBT (WEDC1
ACCOUNT. TIT18
ASSETS
1000-1011T GOVERNMENT NOTES 0,00
1600I16116 LOAN - WEDT 0.60
1000 616120 LOAN - BIRMINGHAM 0.00
1060-16010 :AMOUNT TO BE PROVIDED V''HB
1000-1S220 BIRMINGHAM LOAM 0-00
1060-19050 DEC OUTFLOW - CONTRSSUTIONS 27,022.0.9
1000-16010 DBE OUTFLOW - INVESTMENT EMU 34,606-40
6600-191P0 DEE OUTFLOW - Al T 004I3104011E 6,SEE,L0'
1066-I(I (GAIEO/LOSS ON ASSUMPTION TOG( 2,660101)
---------------
66,P,614
TOTAL ASSETS 630642,14
1IA13102TI31s
233222--2 2-
2066E20110 COMPENSATED ABSENCES PAYABLE B40666,62
BBB°EBBH11 CUBE' ABSENCES PAYABI(E."-tURAERT 6.00
2600-21411 ACCRUED INTEREST PAYABLE 6,666.60
200S-2820B WEDC LOANS/CURRENT 066,000.32
IL! .1 ,.I ,.1 BIRMINGHAM LHAN
2000-22220 INW'22221 1 'Al2
20006202E2 AND LOAN/ELSE 11,110
2000-28213 AN!! LoA(4212EDDICOSD wRITE 022(073.66
2000-28234 ANS LOENCBAND1606 H('OHES 1, 1)
294n-28235 AND RAN B,.01
TOOD-002E6 AND CONSTPDCTION LOAN H'H°
2600-'2823T ANB LOAN/ WOODBRIDGE AA11(26(AS BR,)) (El
2000-28238 ANS LOAN/BUCEANAN 162,460.60
BO0O-28239 AN B LOAN/BONESLMOSART PAYOFF 16G,663-06
MO00-26E60 HUGHES LOAN 0.66
2000-B8645 AN!! LOANODALLAS BETRLECOL Ek060..000,00
2000-26247 TARRARD LOAN BSI-0610.44
2000-M6260 CITY OF WYLIE: LOAN 0,06
2000G2826.0 PRIME EUES LOAN 6,66
2006-EBBED ROWLAND/ANDERSON AN 0.00
2000-28280 CAPITAL ONE ABAD LOAN 6.00
2660-26200 HBART/COMMEBCE LOAN 0.00
2600 BESaB0 NET 6E141310E LIABILITY 106,612,11
TOBAI, LIABILITIES 4,4960920.03
EQUITY
1000-14590 FUND 'BALANCE sUMBEEEDV/UNDESTUL 6,636o066-60)
0000-35906 UNRESTRICTED NET POSITION ( 11(E5E6,0,0)
TOTAL BEGINNING EQUIPE 1 0T6,00o666,50)
TOTAL REVENUt ( 2(200,400(00),
TsTAH ExpENsgs 1 1#126,720,61)
11-10-2017 02:53 PM CITY OF WYLIE PAGE 2
BALANCE SHEET
FS (1)17',' OCTOBER 31ST, 2017
922-GEN LONG TERM DEBT (WED()
ACCOUNT1 TITLE
REVENUE OVER/(UNDER) EXPENSES 582,279 39)
TOTAL EQUITY & OVERRUNDER) ( 4,433,277,89)
TOTAL LIABILITIES, EQUITY & OVER/(UNDER) 6.?,6,12.14
11E10E2017 02:ME PM CITY OF WYLIE PAGE: 1
REVENUE AND EXPENSE REPORT - 1UNADDITED1,
AS SS: OSTOSSM :MST, 2011
%IS AMYLIE ECOMOMTC 'JEWEL CORP
FINANCIAL SUMMARY
EUREENT CURRENT PRIOR YEAR Y-T-D Y-T-O BUDGET % OE
AUDOMI PERIOD BO ADJUST, ACTUAL ENCUMBRANCE
, , . , . . 'BALANCE RUBUST
REVENUPS11
PMMAAM
TAXES 2,666,64E-00 0.00 6.00 0.60 0.,.00 2066fi,642.00 0,00
ll'ITERGOvEENmENEAL REV, 9,06 9,00 0.00 0.00 0,00 0.00 MO
INT,,,:r-F...sT itlev1,,lE 14,288,00 996.49 0.00 99(1.49 (1.90 1.3„3.91..51 6.99
miscELI„Ali2ofis- tr./1705E 1,660f058.00 20,160.00 (Al 1°,1°°'°° Orop 1.669,066,00 0.64
O TEIMA SINANSINS sOURCEE 66 ------1,01 P,PQ 2.129 999 q-09 090„
TOTAL SEvENuEs 4,201,008-00 110006E40 0-00 1)-006E49, 0,00 4,210,991,51 0,26
S MPSMPTTMRE, SUMMARY
DEVELOPMENT CORP EWEDE 5,283,1711,.00 1342.60'1.61 0,00 234,607.61 3,570E59 5„1245,632,8,2
ToTAL FX1NJNfl1'1FhPS 5/261,71100 134,607.61 0-00 1E4,607.61 E,520 ,4b ,
60 6,1 ,E32„86 2.62
PEVEZatiE OVER/ttiNDER) F1X1E:NDT TURES ( 9920623 AG) ( 12.8,511.1,'',o?) 0,.00 k23,.511.,1:21 ( 1, ( 865,541„38) 12 AO
11-10-2017 02.a5 AM FiTY OF r YLIE; PACE: 2
FPNENB16.0 AND EXPENSE REPORT s (UNAUDITED)
AS IL' OCT{OBER 316T0 201'?
r 1 t-NYt,?1' ECONOMIC BEVEL CORP
REVENUER
CURRENT C RPERT PRIOR YEAR 82T201 V-T-D E'Y'D FT Y OF
30031,1E"E' I ERE001 Po liJ.""7CJ t. AcTUAL ERToLUELPARcP BALANCE PUDLART
400E0-40150 mum 3N :1E111 OF TAXES 0.001 0.000 009 1,01 0600 0,00 0,pA
_.,..a ..:..,:: ,,,.,,...,,. n. _.. ®,,.w.... ._ _.__.:._„. __...w _ ._"__ .,.a,96,___„..01 0.000:
4t 0078829 SATRE TAN 20 69fi 64 k00 kt k0; as 00 0S.k00± E.90 2 . __
TOTAL TAXES 2,606,642.0000.. 0.01I 0,00 0.00 0.00 20696,642,00 0.00
till RNOvETI.Y10E At R)V„;
4000-43519 3386 ECONOMIC 11TRE12141141 0,00 1.00' 0,00 0.00 0.00 7.0E1 0.i70
TOTA1. INTERt1C1VAO @HFIITAL PEE. 0,99 0.90 6.00 0400 0 00 til;,t0 3.00;
INTEREST TNCOmE
4000-96080 RE;F"TTFTl.ra`°11' or ()Epos/2 0.00 0.00 0.00 0.00 01:01 0.00 3)00
4000046110 ALLOCATED TWDEADAT EARNINGS 2,430,00; 0-00 0)09 0.00 0.09 20486.60 0.00
4090-96140 TEXPD08 INTEREST 0.70 0.00 0.00 0.00 0,00 0.00 0.00
40000-46140 LOGIC INTEREST 0.00' 000000 01:09 0.00 0.00 0,00 C1.6'1Sl'
4000-4£150 1311%0RE2e2 S.11N1000,7 2.961,115 228.45. 0.09 .26.45 0,00; 20166,89 1.64
4009-46160 LOAN REPAYMENT OPRIECILAL0 12,996.15 710.04 0.90 170.04 0„00` 6,226.11 8,88
4000-48210 ERABE s4CONE"T e" RRF3 10TFREET' _ 0,00 I.faN 0.::00 OOiD {.00 .S11 0
TOTAL ERT1.31RT 'ENCORE 10, 398..11 _-. 486.4101
0.00 'OOka..4 �. ....0 21_,. 0.03
"IT, k L.La'1Sa7005 LN{'110wLEl
40100-49E10 RENTAL, 11211O11 1E8,3000.00 10,100.000 0 00: 10,100,00 2.11, 104,200.00 8,04
4000-6861&1 RI",L.IVERY - i12t11 ?Fps Yk1*FN 0.00 0.00 0.00 0.00 0.00 0.000 2,0
4000-48820 0!' 1'.LL.MNEs"+I 1NCO 1150700,00 0.007 0.00 0.00 00.00 115,758.00 0.000'
4000-40439 t0,01110 ILc1RRI RA1aE BS: CAP AN 1;.3500.000d3.113 0 00 ._01Od11: 0.0{r {11-°° 1:35i2,121 2 000 C3 °11
TOTAL 01R[:t:.1,I NA 211S 3E22C:0*021 1, 00,050.011 10,680.00 0.00 .10,100,00 0,000 0,569,91,1 00 9,64
OTHER F1011t:600 6460=0069A.
9 0111 0-0 91 60 TRANSFER FRC}2 GENERAL FUND 0,00 0,00 0.00 0.00 0.00 0.00 0.00
0000-49.325 T NIO NOTEE, PROCEEDS DS 0.00 0.00 €0 0 0' 0.01 01:98 0,00 0,00
4 000--4 95 31 LEB;9E 11101VCEPA.L PAYMENTS ?0 01.00 1.00 0.00; 0.01 0.00: 0.00 0,000
40000-49600 C010R1Nae7 REs01601RTF11 00.00 0.00 0-00 (.09 0.00 0.00 0.00TOTALOTHER FaO10L:101 R00E1^PEEP,. 0.000,00 0,0s9 0-00 0.00 1 .00 0.90
T2'114. REV'NIIFF 41,291,0118.00 11,096.49 0-00 11,006.40 0..00 4,2279,991;.51 0,26
11-10-2017 02:55 PM CITY OF WYLIE PAGE: 3
REVENUE AND EXPENSE REPORT - (UNAUDITED)
AS OF: OCTOBER 31ST, 2017
111-WYLIE ECONOMIC DEVEL CORP
DEVELOPMENT CORP-WEDC
DEPARTMENTAL EXPENDITURES
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D RUDGET % OF
BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET
PERSONNEL SERVICES
5611-51110 SALARIES 290,413.00 21,540.21 0.00 21,540.21 0.00 268,872.79 7.42
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 0.00 0.00 1,168.00 0.00
5611-51145 SICK LEAVE BUYBACK 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51160 CERTIFICATION INCENTIVE 0.00 0.00 0,00 O.CO 0.00 0.00 0.00
5611-51170 PARAMEDIC INCENTIVE 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51210 CAR ALLOWANCE 12,433.00 969.26 0.00 969.26 0.00 11,463.74 7.80
5611-51220 PHONE ALLOWANCE 4,656.00 1,164.00 0.00 1,164.00 0.00 3,492.00 25.00
5611-51230 CLOTHING ALLOWANCE 0.00 0.00 0.00 0.00 0.00 0,00 0.00
5611-51260 MOVING ALLOWANCE 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51310 TMRS 44,857.00 3,394.42 0.00 3,394.42 0,00 41,462.58 7.57
5611-51410 HOSPITAL & LIFE INSURANCE 33,951.00 6,199.32 0.00 6,199.32 0.00 27,751.68 18.26
5611-51415 EXECUTIVE HEALTH PLAN 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-51420 LONG-TERM DISABILITY 960.00 160.94 0.00 160.94 0.00 799.06 16,76
5611-51410 FICA 15,321,00 577.30 0.00 577.30 0.00 14,743.70 3.77
5611-51450 MEDICARE 4,185.00 311.54 0.00 311.54 0.00 3,873.46 7.44
5611-51470 WORKERS COMP PREMIUM 628.00 359.05 0.00 359.05 0.00 268.95 57,17
5611-51480 UNEMPLOYMENT COMP (THE) 810.00 0.00 0.00 0.00 0.00 810.00 0.00
TOTAL PERSONNEL SERVICES 409,382.00 34,676.04 0.00 34,676.04 0.00 374,705.96 8.47
SUPPLIES
5611-52010 OFFICE SUPPLIES 5,500.00 0.00 0,00 0.00 0.00 5,500.00 0.00
5611-52040 POSTAGE 6 FREIGHT 980.00 0.00 0.00 0.00 58.00 922.00 5.92
5611-52130 TOOLS/ EQUIP (NON-CAPITAL) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5611-52610 FOOD SUPPLIES 2,250.00 100.00 0,00 100.00 0.00 2,150.00 4.44
5611-52990 OTHER 5,000.00 0.00 0 00 0.00 0.00 5,000.00 0.00
TOTAL SUPPLIES 13,730.00 100.00 0.00 100.00 58.00 13,572.00 1.15
MATERIALS FOR MAINTENANC
5611-54630 TOOLS 8 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 0.00 0.00 3,000.00 0.00
5611-54990 OTHER 0 o p o o o o.o o o.o o o.o o o.00 000
TOTAL MATERIALS FOR MAINTENANC 3,000.00 0.00 0.00 0,00 0.00 3,000.00 0.00
CONTRACTUAL SERVICES
-
5611-56030 INCENTIVES 1,160,521.00 0.00 0.00 0.00 0.00 1,160,521.00 0.00
5611-56040 SPECIAL SERVICES 381,851.00 157.50 0.00 157.50 1,897.50 379,796.00 0.54
5611-56080 ADVERTISING 144,700.00 1,500.00 C„00 1,500.00 0.00 143,200.00 1.04
5611-56090 COMMUNITY DEVELOPMENT 52,000.00 2,700.00 0.00 2,700.00 0.00 49,300.00 5.19
5611-56110 COMMUNICATIONS 9,350.00 379.42 0.00 379.42 0.00 8,970.58 4.06
5611-56180 RENTAL 29,328.00 4,694.00 0,00 4,694.00 0.00 24,634.00 16.01
5611-56210 TRAVEL & TRAINING 3E4,848.00 22.28 0.00 22.28 0.00 38,825.72 0.06
5611-56250 DUES & SUBSCRIPTIONS 21,873.00 12,848.00 0.00 12,848.00 0.00 9,025.00 58.74
5611-56310 INSURANCE 4,310.00 3,860,16 0,00 3,860.16 0.00 449.84 89.56
5611-56510 AUDIT & LEGAL SERVICES 33,010.00 0.00 0.00 0.00 1,615.00 31,395.00 4.89
5611-56570 ENGINEERING/ARCHITECTURAL 42,663.00 0.00 0.00 0.00 0.00 42,863.00 0.00
5611-56610 UTILITIES-ELECTRIC 2,400.00 0.00 0.00 0.00 0.00 2 100 00 0 00
TOTAL CONTRACTUAL SERVICES 1,921,054.00 26,161.36 0.00 26,161.36 3,512.50 1,891,380.14 1.54
11-10-2017 02:55 PM CITY OF WYLIE PAGE: 4
REVENUE AND EXPENSE REPORT - (UNAUDITED),
AS OF:: OCTOBER 31ST, 2017
Ill-WYLIE ECONOMIC DEVEL CORP
DEVELOPMENT CORD-WED(
DEPARTMENTAL EXPENDITURES
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET 7, OF
BUDGET PERIOD PO AD.TUST. ACTUAL ENCUMBRANCE BALANCE BUDGET
DEBT SERVICE & CAP REP1
5511-57110 DEBT SERVICE 1,910,906.00 0.00 0.00 0.00 0.00 1,910,906.00 0.00
5613-57410 PRINCIPAL PAYMENT 0.00 59,788.26 0.00 59,788.26 0.00 ( 59,788.26) 0.00
5611-57415 INTEREST EXPENSE 0,00 13,881.95 0.00 13,881.95 0.00 ( 13,881.95) 0.00
5611-57710 FiAD DEBT EXPENsE __, 0,00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL DEBT SERVICE, & CAP, REPL 1,910,906.00 73,670.21 0.00 73,670.21 0.00 1,837,235.79 3.86
CAPITAL OUTLAY
5611-58110 LAND-PURCHASE PRICE 331,439.00 0.00 0.00 0,00 0.00 331,939.00 0.00
3611-58120 DEVELOPMENT FEES 0.00 0.00 0.00 0.00 0,00 0.00 0.00
5611-591 so LAND-BETTERMENTS 0.00 0.00 0,00 (3,)'0 0.00 0.00 0.00
5611-58210 STREETS & ALLEYS 686,700.00 0.00 0.00 0,00 0,00 686,700.00 0,00
5611-58910 SANITARY SEWER 0.00 0.00 0,00 0,00 0.00 0.00 0,00
5511-58630 COMPUTER BARD/SOFTWARE 5,000.00 0.00 0.00 0.00 0.00 5,000.00 0.00
5611-58830 FURNITURE & FIXTURES 2,500.00 0.00 0,00 0-00 0.00 2,500.00 0.00
5611-58910 BUILDING,, 0.00 0.00 0,00 0,00 0,00 0.00 0,00
5611-58995 CONTRA CAPITAL OUTLAY 0.00 0.00 0,00 0,00 0,00 0.00 0.00
TOTAL CAPITAL OUTLAY 1,025,639,00 0.00 0.00 0.00 0.00 1,025,639.00 0.00
OTHER FINANCING (USES),
5611-59111 TRANSFER TO GENERAL FUND 0.00 0.00 0,00 0.00 0.00 0.00 0.00
5611-59190 TRANSFER TO THORUGHEARE IMP 0.00 0.00 0.00 0,00 0.00 0.00 0,00
5611-59430 TRANSFER TO CAPT TAT, PROJ FU 0,00 0.00 0,00 0,00 0.00 0,00 0.00
5511-59990 PROJECT ACCOUNTING 0,00 0.00 ___„.. 0,00 0.00 _., 0.00 0.00 0.00
TOT/IT, OTHER FINANCTNG (USES) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL DEVELOPMENT CORP-WEDC 5,283,711.00 139,607.61 0.00 134,607.61 3,570.50 5,195,532.89 2.62
TOTAL EXPENDITURES 5,283,711.00 139,607.61 0.00 134,607.61 3,570.50 5,145,532.8,3 2.62
REVENUE OVER (UNDER) EXPENDITURES ( 992,623.00) ( 123,511.12) 0.00 ( 123,511.12) ( 3,570.50) ( 065,591.38) 12.80
*.-," END OF REPORT ***
11-10-2017 2:51 PM DETAIL LISTING PEGG: 1
FUND 111-WY3)IE ECONOMIC DENSE CORP PERIOD TO USE: Bei/-2517 INSU Oct-2011
DEFT' : 61/ DEVELOPMENT COE9ENEDIT ACCOUNTS: 0511E6E915 THEN 5611556049
POST DEIF TSAN 0 REFERENCE PA3 113TEP66561ESSRIE3IO138-68E96'm VEND INV/TE0 NOTE 6E5555133)3)7*66:66 PsF6S1IASSEEPP5
-_22-- ---------- - - -- - -- so .2 - -- -
5621-B999 OFFICE SUPPLIES
BEGIRRTR' R BAIENS F. 0,00
8911-55949 POSTAGE A EBBISST
BEGINNING 09LONGF 5:00
5611-52130 7001,11,/ EQUIP (NON-BSPITEL
R RBIRRING 13 ) N119.05
- - ----------
5511-58160 T1I:11116 BGRIB - 6109-$899:59
9376IWNIN51 RALAND E. 0:55
---------- ------------------ ------------_---------------------------------------------------------------
6511 52810 FOOD SUPPLIES
o G. GIONING BALANCE 0.50
10/23/11 10/83 399334 SHE, 092608 54943 ROTARY LUNCH O11420 16151.7 NEES 600:09 190,50
10157/11 10121 C588GE OCIPI 09E97373 24269 CC TOURN REIMBURSEMENT 50.53SR 90:94
10121/11 11/57 B5S59.4 15451 IF:21551 CC TOURN REIMBURSFMNI JE4 521.657 69:53 100,90
0599o252sos co OCTOBER BST/VI:IF Da: 169.93 CF: 05,9BS13 150E95
-----_------_--_---------------------__ Bs- --2- 622- -______ -_________ -6.-2- 2_-
6011-52599 OTHER
BEGINNING BALANCE 0.00
--------------- -----_-_______________________________---------------------------
6611-64630 TOOLS 6 FOU/PMENI
F1E114411411" GELENC F, 0:00
5611-54610 COMPUTER HARD/SOFTNBSE
ES :, NNINO DBIBNOF 0.95
5611-54080 OTHER
BEGINNING BALANCE 0.00
- - -------- - -
5611-56000 INCENTIVES
BEGINNING BALANCE 0.00
10/24211 10/24 A99532 5010: 950441 95021 13E132E78 VOIDED OBESE 003015 091917 000915.353)13 59,593.GEE3 E
10/24/11 11/10 659718 MiSc 192414 16463 2E1R94 REV VRIRRR RRAFT JEt 3)27594 60k915.36 0:09
EGG=6559 EBBE= OCTOBER ACTIVITY DS: 696915.35 CR: 60,516,3511R 0/00
11-29-2017 2:57 pm DETAIL L4STING 4:013P: 2
FUND 111-WYLIE ECONOMIC BEVEL, IUPP PERIOD 1 LISE Oct-2011 191214 Oct-2917
35130 : 611 DEVELOPMENT CORP-WENC ACCOUNTS: 5611-52010 THRU 5911-98010
POST DATE TRAM 9 REFERENCE PACRETE4666-DESCRIPTEOHNEN6o9 4 RENT NV22F # NOTE 4v0N-A519OOR16949 0664BALANCE9464
--------23-2-------2---52--------3------------------------------------_-_--_------_----- -- - ---------------------22-42-4 4--4-
5611-16040 SPECIAL SERVICES
BEGINNING, BALANC' E 0.50
10/25/17 15/55 2719561 CHF: 992666 15055 JANITORIAL SVC OC117 002330 41220 117..50 157.50
4 4 c 6 4 T 96c-c4 omTonER ACTIVITY NB: 167:60 CR: 0,00 151,50
------------------------------_-------------_-__-_-_-------_,--c_-_-__--_----__85.--_-___.----__---___23-52_,72,95-_-_--_-----_-------
5611-56190 ADVERTISING
BEGINNING BALANCE 0.00
10823/11 10823 A'''',193231 C61151 992610 94943 CONNECTION MAO AD 000468 8533 WEOC 1,500.00 1,100.00
B666666666666 OCTOBER ACTIVITY' DS: 1,510.00 CR: 0,00 1,590,00
---------------------------2------------------------------L-22----------------------_-----5-----------_---_---------------------47--
5611y56099 COMMUNITY DEVELOPMENT
BEGINNING BALA. 140R 5,04
10/11/17 10/11 A98450 "IlK: 092429 94510 S00130014-330G3C OF WYLIE 000101 100917 5015' 1,000.00 1,100.00
20720211 102,28 BE1240 GNR, 090592 94926 WOUNDED WARRIOR SPONSOR 094629 101711 WEDC 500,09 1,500.10
10220219 10423 8EE220 69,B13,, 0E2610 94943 LEAPERSF 8r9Las-G4E133 000469 9519 WFDC 790,90 2,209.00
10/23/17 10/23 919334 CHK: 992988 99543 ROTARY TOURN SPO844. 001420 101811 WEDC 900.00 2,700,00
BREE.BN8BGE499 05130313'51 BGBINIBE L'::B. 2,700.00 CR7 00 8,
- 2°.1°11:°°
4 924 2,92 22---------------------------------------4-------------EN--4--------4----2,2 4--4-----------------4—----4 22 4-4--5--------------
5611-56110 COMMUNICATIONS
BEGINNING BALANCE 9.09
19819817 10/99 699133 C05! 092347 94427 INERWT 9E25-0C1`24 '13E13 004541 2101577119 3512.56OC 202.30 202,30
59845811 40/19 A91152 DFT: 008452 94895 301E11)134E, SVC 000012 0211 OCTIT SATTERW 171312 376.42
99B9o8GERBEE8, 0G1:0BON ACTIVITY DP: 379.42 OB: 0,90 319.41
---------------------------------------------------------------------------------------------------------2-2----------------
5611-55180 RENTAL
9 EGIRNING BABBNGN 0.01
10/14/51 10/11 A98414 ELF: 092426 94511 COPIER RENTAL 003509 100989 114,90 194:00
10/49/17' 10/18 A99016 CHB: 092553 94852 BENT - ocToaER 17 003231 70'0317 WEDF 2,254,00 2,444.08
40/25/11 19/25 A89630 CH13: 092970, 96063 OFFICE RENT - NOV 17 003231 1016017 34O817 5981', 2,250.00 43694.00
060N964N66456 OCTOBER ACTIVITY DB: 4,694,89 CII3 0,00 43614:50
---------------------------------------------------2---------2------------------3-------2--2--------E.-22-2-------------------------
11-10-201.7 2:57 PM DETAIL LISTING PAGE: 3
FOND : 1.11-WYLIE ECONOMIC: DEVEL CORP PERIOD TO USE. Oct-2017 THRU Oct-2017
DEPT '611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910
POST DATE TRAN # REFERENCE BACKETP=====DESGRIRTION======= VEND INV/7E 4 NOTE =====AMOUNTm=== ====BALANCE====
5611--56210 TRAVEL & TRAINING
BEGINNING BALANCE 0.00
loll#/17 70/19 A99152 DEMP 000452 .94895 BUS. MTG-SATTER-PRKR 000912 8277 OCT17 GATTE:RW 22.28 22,28
P-PmmmvPmmmPv OCTOBER ACTIVITY DB: 22.29 (Prim 0,00 22.28
5611-56220 PROFESSIONAL TRAINING
BEGINNING B ALA N C E 0.00
5611-56250 DUES & SUBSCRIPTIONS
BEGINNING BALANCE 0,00
10/11/17 10/11 A98476 CHI : 092437 94579 DASHBOARD ANN LIC FY17-1 004815 15912 FY 17-18 4..`�.50.00. 4,7.50.00
10/16/17 :10/16 A967.59 CHIC.: 092500 94699 AVAIL .PROP .SEARCH TOOL 004898 342674 5,850.:,00:: 10,600,00
10/20M 10 20 A99268 CHIM 092.596 94928 CHAMBER MBR SISR FY17-7 8 000468 7409 FY17-18 1,500.00 1.2,100.00
10/23/17 10/23 A.99335 CHK: 092608 ;94943 ROTARY DUES - WYGANT 001420 17.1 WEEK, 748.,00 12,848.00
OCTOBER ACTIVITY D.B 12,846.00 CR. 0.00 1'2,848, 0...
5611-56310 INSURANCE
BEGINNING B A L A. N C:..E 0.00
10/13/17 10/13 A98725 CHK: 092489 94683 Property - WEDC 000352 5345 100117 2,925,00 2,925,00
.0/13/1.7 10/13 A98725 CHK. 792489 94683 Prop 2% Disc WEDC 000352 5345 100117 56,5 3+:R 2,866,50
10/13/17 10/13 A98725 CIIK. 092181 94683 Gen Limb WEDC 000352 5345 100117 357.82 3,n4=32
10/13/1.7 10/13 F98725 CHK° 092489 94683 GL 2% Disc WEDC 000352 5345 10011.7 51,25C4 30'73,07
10/1.3/1.7 10/13 A98725 CHK: 092489 94683 E .& 0 - WEDC 000352 5345 100117 68709.... 3,860.16
--,---:,... OCTOBER ACTIVITY DB: 3,969,91 CR: 109:75CR 3,860,16
5611-5E510 AUDIT & LEGAL SERVICES
BEGINNING BALANCE 0.00
5611-56570 ENGINEERING/ARCHITECTURAL
BEGINNING BALANCE 0.00
5611.-56610 UTILITIES-ELECTRIC
BEGINNING B A L..:A N C E 0,00
11-10-2017 2:57 PM DETAIL LISTING PAGE: 4
FUND : 111-WYLIE ECONOMIC BEVEL CORP PERIOD TO USE: Oct-2017 TIIRU Oct-2017
DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS 5611-52010 TIIRU 5611-56910
POST DATE TRAM # REFERENCE PACKET DESCRIPTION -- - VEND INV/JE # NOTE AMOUNT-- ===-BALANCE--
5611-57110 DEBT SERVICE
BEGINNING BALANCE 0.00
5611-57410 PRINCIPAL PAYMENT
BEGINNING BALANCE 0.00
10/02/17 10/18 B58455 Misc 100217 16381 JE27423 K&M PMT #25 JEO 027423 8,073.96 8,073.96
10/10/17 10/18 B58459 Bnk Dft 101017 16386 .1E27126 PEDDICORD/WHITE PMT 34 JE# 027426 5,447.39 13,521.35
10/13/17 10/19 B58470 Misc 101317 16390 JE27437 WB PEW? PMT 038 JE# 027437 12,075.58 25,596.93
10/23/17 10/27 1358558 Bnk 711 102317 16419 JE27498 EDGE PMT #16 JE# 027498 15,280,39 40,877.32
10/23/17 10/27 B58559 Bnk Dft 102317 16419 1E27499 JARRARD PROP #10 JE# 027499 2,052.13 42,929.45
10/23/17 10/27 1358561 Bnk Oft 102317 16119 3E27501 BUCHANAN PMT #38 JE8 027501 6,821.62 49,751.07
10/30/17 11/07 1)58700 Bnk DI) 103017 16452 1F27563 flUGHESIRANDACK PMT#59 JE# 027563 10,037.19 59,788.26
- - - - - OCTOBER ACTIVITY DB: 59,788.26 CR: 0.00 59,788.26
5611-57415 INTEREST EXPENSE
BEGINNING BALANCE 0.00
10/02/17 10/18 B58455 Misc 100217 16384 JE27423 K&M PMT #25 JE# 027423 671.29 671.29
10/10/17 10/18 B58459 rink Oft 101017 16386 JE27426 PEDDICORD/WHITE PMT 34 JE# 027426 1,935.06 2,606.35
10/13/17 10/19 B58470 Misc 101317 16390 JE27437 WB PKWY PMT #38 jE# 027437 1,192.35 3,798.70
10/23/17 10/27 858556 Bnk Dft 102317 16119 JE27498 EDGE PMT #16 JEt 027498 1,779.42 5,578.12
10/23/17 10/27 1358559 Bnk Oft 102317 16419 JE27499 JARRARD PROP #10 JE# 027499 1,057.02 6,635.14
10/23/17 10/27 B58560 Bnk Dft 102317 16419 JE27500 DALLAS WHIRLPL PMT #11 JE# 027500 6,666,67 13,301.81
10/23/17 10/27 1358561 Bnk Dft 102317 16419 JE27501 BUCHANAN PMT #38 JE# 027501 510.33 13,812.14
10/30/17 11/07 1356700 Bnk Oft 103017 16452 JE27563 HUG1IES/RANDACK PMT#59 JE# 027563 69.81 13,881.95
=-,-----,--,,,,---- OCTOBER ACTIVITY DB: 13,661.95 CR 0.00 13,881,95
5611-57710 BAD DEBT EXPENSE
BEGINNING BALANCE 0.00
5611-58110 LAND-PURCHASE PRICE
BEGINNING BALANCE 0,00
5611-56120 DEVELOPMENT FEES
BEGINNING BALANCE 0.00
------------------------------------------------______________--___-__-_-___-_--________-__--____-------_-_--_----------------------
5611-58150 LAND-BETTERMENTS
BEGINNING BALANCE 0.00
II-10-201D 2:5B PM TTAIL LI—ETINO PAGE: 5
FUND ; 111 EB'ELTE, ECONOMIC OFVFT COBB PERIOD TO UEFA OAT-201R THRU Oct-201Y
DEIST : Ell DEVELOPMENT CORP-WELIC ACCOUNTS; 5611 502010 TREU 5611-58010
POST DATE YEAR t REFERENCE PACRETRAPPEFOCECRIPTTOMAFAssFo VSND IN'ATD IF NOTE P5FARAMOUNTBABT FEBBBALANOSG5--
____________________________________________________________________________________________________________________________________
611-58210 STREETS t ALLEYS
BEGINNING BALANCE 0.00
---------------------------------------------------------------------------------------------------------------
5611-58410 SANITARY SEWER
, .
BEGINNING EALANCE 0.00
------_----_-__-------__-----_—__-_-----_____.-.--____ - - - -
5611-58810 COMPUTER HARD/SOFTWARE
EEGIENtED BALANCE
-__________ ------- -___-----
5611-ABBAD FURNITURE F FIXTURE:I
BEGINNING BALANCE 0.00
-___________-_-------------------------------------------------------------------------------__________
IF -58010 SUILBtBOS
BEGINNING BALANCE' 0.00
DOFF ERRORS EN THIS REPORT;
't REPORT TOTALS tt ORBITS CREDITS ---
BEGINNING BALANCES 0.00 0.00
REPCtRTF'D ACTIVI17; 161,026.60 61,095,03DR
ENDING BALANCE:FT 161f026.60 ABOOP5.0TCE
TOTAL FUND ENDING BALANCE: 114e0T1.57
SE:L r(PTION t° ITEE,TaI
YEAR: Dc'T- tJ1Ea I TCap-2031
E°PI",17: include:
PERIOD TO NSF: Oct-2011 TEEN Oct-271'
TRANSACTIONS ElIT rU
ACCOUNT SELECTION
CTEON
ACC:ZUNI' RANGE: PE7II-."',2010'+ T#kEt4E DTI`a DE3EE1E4
DEPARTMENT /1NCE.' - TEED
At"IPIVU F'G.ON/S saNl«Y.:: KO:
ACTIVE ACCOUNTONLY: NO
INCLUDE RESTRICTED ESCCOUNTU: Efts'
E'EIC,IT SSI.EC'T:,ON'.
PRINT OPTIONS DETAIL
INIT ACCOUNTS IA'ITH Nt, ACTIVIST NO
PRINT ENCON£EgiANC,ES; NO
EtR k i'°E"T 'I KKGO3 N IY'*!E Y..... N
PRINT PROJECTS: VO
PRINT JOURNAL ENTRY NOTES ND
PRINT ESONTE LY TOTALS: YES
PRINT GRAND TOTALS:. NO
PRINT: INS E,Er.:N S
PAGE BREAK BY: NONE
PItT I OF REPORT m
Wylie Economic Development Corporation
Balance Sheet Sub Ledger
October 31, 2017
Notes Payable
Date of Rate of Principal
Purchase Payment Beginning Bal_ Principal Interest Interest Balance
October 1, 2017 4,278,667.06
ANBTX-88130968 HUGHES/RANDACK(#59 of 60) 10/23/12 10,107.00 20,910.00 10,037.19 69.81 3.99 10,872.81
ANBTX-88130976 WOODBRIDGE PKWY (#38 of 60) 8/15/14 13,267.93 548,656.60 12,075.58 1,192.35 2.61 536,581.02
ANBTX 88148481 BUCHANAN(#38 of 60) 8/13/14 7,331.95 162,440.60 6,821.62 510.33 3.77 155,618.98
ANBTX-88149711 PEDDICORD/WHITE(#34 OF 120 12/12/14 7,382.45 552,873.65 5,447.39 1,935.06 4.20 547,426.26
ANBTX-88158043 K&M/HOBART(#25 of 48) 9/2/15 8,745.25 201,388.05 8,073.96 671.29 4.00 193,314.09
ANBTX-88157334 LINDUFF/EDGE(#16 of 27) 10/21/15 17,059.81 510,533.39 15,280.39 1,779.42 4.25 495,253.00
ANBTX-88158357 DALLAS WHIRLPOOL(#11 of 60) 11/22/16 2,000,000.00 0.00 6,666.67 4.00 2,000,000.00
JARRARD GRAYS AUTO(#10 OF 120) 12/1/16 3,109.15 281,864.77 2,052.13 1,057.02 4.50 279,812.64
October 31, 2017 $59,788.26 $13,881.95 4,218,878.80
Wylie Economic Development Corporation
Inventory Subledger
October 31, 2017
Inventory- Land
Date of Put 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 3.03 1,928,306
Jarrard 12/22/16 201 Industrial Ct 0.29 32,893 3,900 300,493 2,228,799
Regenc 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 25.63 $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 DIRECTOR
J P MorganChase
Expense Report
September 2017
DATE PAYEE AMOUNT BUSINESS PURPOSE INDIVIDUAL/GROUPS PRESENT
09/05/17 Starbucks 7.58 Bus Mtg. Satterwhite, Copeland
09/06/17 La Joya 19.00 Bus. Mtg Satterwhite,Greiner
09/08/17 Cytracom 176.47 Telephone Service n/a
09/12/17 Woodbridge Golf Club 339.32 Golf Balls Christian Care Ctr Tournament- Ball Sponsor
10/02/17 La Joya 22.28 Bus. Mtg Satterwhite Parker
10/02/17 _Cytracom 177.12 Telephone Service n/a
TOTAL 741.77
WEDC Assistant Director
JPMorgan Chase
Expense Report
September 2017
DATE VENDOR PURPOSE AMOUNT
9/6/17 Go Daddy Domain Registration 171.92
9/14/17 Inline Networks Network Svc Maintenance 105.00
9/19/17 NTCAR Dues 187.50
9/25/17 American Airlines TEDC Annual Conference-Greiner 217.40
9/25/17 American Airlines TEDC Board Retreat 243.40
Total 925.22
WEDC Senior Assistant
JPMorgan Chase
Expense Report
September 2017
DATE VENDOR PURPOSE AMOUNT
9/5/17 McDonald's WEDC Board Mtg Meal 7.14!
9/19/17 Kroger WEDC Board Mtg Meal 19.69
9/19/17 Tom Thumb WEDC Board Mtg Meal 5.40
9/20/17 Tom Thumb Batteries 15.29
9/20/17 McDonald's WEDC Board Mtg Meal 10.53
TTotal 58.05
WEDC Leasehold Subledger
Tenant Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17
Helical Concepts 1st 12/22/16 1/25/17 2/27/17 3/22/17 4/27/17 5/25/17i 6/23/17 7/25/17 8/25/17 9/26/17 10/25/17
Wheels Unlimited 15th 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 10/17/17
Trimark Catastrophe 15th 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 10/27/17 11/2/17
Dennis Richmond 1st 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 10/4/17 10/16/17
1&Half
Austin/Said LLC 1st 2/13/17 3/17/17 �' 4/13/17 5/12/17 6/16/17r 7/11/17 8/21/17 8/29/17 10/23/17 11/8/17
Austin/Said LLC 1st 2/13/17 3/17/17 4/13/17 5/12/17 5/12/17 6/16/17 7/11/17 8/21/17 8/29/171 10/23/17 11/8/171,
DCU 1st 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 9/25/17 10/30/17
Delta-E 1st 1/6/17 1/25/17 2/23/17 3/23/17 4/24/17 5/22/17 6/20/17 7/24/17 8/29/171 9/26/17 10/30/17,
(*)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 NOVEMBER 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 160,876 201,506 195,549 -5,957 -2.96%
NOVEMBER 226,078 270,426 267,816 -2,610 -0.97%
Sub-Total $2,191,785 $2,481,757 $2,627,376 $145,620 5.87%
AUDIT ADJ
TOTAL $2,191,785 $2,481,757 $2,627,376 $145,620 5.87%
WEDC SALES TAX ANALYSIS
$300,000 ., - _ _ . ..... ,,..
$250Q000 m-
$200,000
$150,000 - . ..
U C1III$ .011
$100,000 - -
$50,000
r
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Wylie cono is I evelo • e t Cor • oratio
E ORANDU
TO: WEDC Board of Directors
FROM Sam Satterwhite, Executive Director
SUBJECT: Mikten, Inc. Performance Agreement
DATE: November 15, 2017
Issue
Consider and act upon a Performance Agreement between Mikten, Inc. and the WEDC.
Analysis
Mr. Mike Sargent initially came to the WEDC in an attempt to evaluate his options regarding the
development of a 1.352-acre lot located northeast of the intersection of W. Alanis Drive and
Martinez Lane here in Wylie. Following direction from the WEDC Board in Executive Session
and an oral commitment by the WEDC staff for assistance, Mr. Mike Sargent met with the City
of Wylie to begin the development process.
Mr. Sargent intends to construct two buildings with a cumulative 11,940 SF. The WEDC
Performance Agreement requires the shell construction of a 5,970 SF structure located on the
eastern half of the property with Phase II requiring the facility to be fully finished out and leased.
Mr. Sargent is a general contractor and plans to construct the facilities himself with an estimated
construction budget of$300,000 for each building.
The Performance Measures and Incentive Payments are identified as follows:
Incentive No. 1 .............. ..............:....... ...,.. $10,000
• Certificate of Completion for a 5,970-square foot facility by October 31, 2018;
and
➢ Minimum project cost of$300,000; and
➢ Ad valorem property taxes current.
Incentive No. 2 ............ ,.... $10,000
➢ Certificate of Occupancy for a 5,970-square foot facility not later than October 31,
2019; and
➢ Receipt of documentation showing the building is fully leased; and
➢ Ad valorem property taxes current.
WEDC—Mikten, Inc.
November 8, 2017
Page 2 of 2
Should Mikten fail to meet the Performance Measures for Incentive No. 1, the entire
Performance Agreement is voided in advance. Further, no partial incentive payments will be
provided.
While Sargent only has an expense of$300,000 for Phase I, staff has estimated an increase of
$500,000 to the tax role based upon similar facilities in Wylie and a historical increase in value
of lots following the construction of improvements. With the combined increase in property
taxes collected and the receipt of$16,512 in development fees, the project has a 0.7-year return
on investment. This analysis does not factor increases in personal property values,jobs created,
and salaries of the same so as to develop a conservative ROI. Additionally, a successful Phase I
will lead to the future development of a second building thus doubling value,jobs, etc.
Staff Recommendation
Staff recommends that the WEDC Board of Directors approve a Performance Agreement
between WEDC and Mikten, Inc. providing for a maximum incentive of $20,000 and further
authorizing the WEDC Executive Director to execute said Agreement.
Attachments
Performance Agreement
PERFO ANCE AGREEMENT
Between
WYLIE ECONOMIC DEVELOPMENT CORPO ' • TION
And
MIKTEN, 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
Mikten, Inc. a Texas corporation (the "Company").
RECITALS
EREAS, the Company is desirous of making real property improvements in the form of
Construction of two (2) separate, five thousand nine hundred seventy(5,970) square foot commercial
buildings (the "Project"). Phase I of the project will have an estimated capital investment of Three
Hundred Thousand Dollars ($300,000) and will be located at 1001 Alanis Drive Wylie, Texas (Abs
A0276 E C Davidson Survey, Tract 37) "Exhibit A", located at the northeast corner of W Alanis Drive
and Martinez Lane in Wylie, Texas (the "Property"); 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 developing the Property in
the City of Wylie, Texas; and
W REAS, the WEDC has determined that it is in the best interest of the public and the City to
promote 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, 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 the
Company economic assistance in an amount up to, but not to exceed Twenty Thousand Dollars
($20,000.00) (the "Economic Development Incentives"). The Economic Incentives will be paid
per the criteria set forth herein with the WEDC's obligation to pay the Economic Development
Incentives terminating on October 31, 2019.
Upon meeting the qualifications and requirements (the "Performance Requirements"), the
Company shall be entitled to the following Economic Development Incentives:
Page 1 of 5
W.\Board\2017\11-15-17\Mikten,Inc.-Performance Agreement.doc
Economic Development Incentive Payment Schedule:
Expected Cost/Value of WEDC Total WEDC Eligibility
Year Incentive Improvements Incentive Incentive Expiration
2018 No. 1 $300,000 $10,000 $10,000 10-31-2018
2019 No. 2 n/a $10,000 $20,000 10-31-2019
II. Performance Requirements for Economic Development Incentive.
Incentive No. 1: An Economic Development Incentive of Ten Thousand Dollars ($10,000.00)
will be paid to Company upon completion of the following Performance Requirements for
Incentive No. 1:
1. Receipt of documentation by WEDC supporting the shell construction of a single, five
thousand nine hundred seventy (5,970) square foot commercial building as located on the
Property consistent with "Exhibit B — Phase I" and as evidenced by a Certificate of
Completion issued by the City of Wylie on or before October 31, 2018, approval of said
documentation at the sole and absolute discretion of the WEDC; and
2. Receipt of documentation by WEDC supporting a minimum capital investment for the
Project of Three Hundred Thousand Dollars ($300,000) as evidenced by paid invoices
supporting construction costs and miscellaneous professional services, 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 Property
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 31,
2018.
Incentive No. 2: An Economic Development Incentive of Ten Thousand Dollars ($10,000.00)
will be paid to Company upon completion of the following Performance Requirements for
Incentive No. 2:
1. Receipt of documentation by WEDC supporting the finish out of the five thousand nine
hundred seventy (5,970) square foot building as evidenced by a Certificate of Occupancy,
issued by the City of Wylie on or before October 31, 2019, approval of said
documentation at the sole and absolute discretion of the WEDC; and
2. Receipt of documentation by WEDC to support that the five thousand nine hundred
seventy (5,970) square foot building is 100% fully occupied as evidenced by signed lease
agreements on or before October 31, 2019, approval of said documentation at the sole
and absolute discretion of the WEDC; and
Page 2 of 5
WABoard\2017\11-15-17\Mdcten,Inc -Performance Agreement doc
3. Company is current on all ad valorem taxes and other property taxes due on the Property
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. 2 is October 31,
2019.
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 October 31, 2019.
VI. Employee Hiring, Materials and Supplies Purchase. Although not an event of default or a
condition to any advance in the Agreement, WEDC requests that the Company satisfies its need
for all construction contractors from Wylie residents and purchase all materials, supplies and
services necessary to affect the Project and subsequent occupancy of the Facility from Wylie
merchants and businesses.
VII. Community Involvement. Although not an event of default or condition of any advance
hereunder, the Company agrees to actively participate in community and charitable organizations
and/or activities, the purpose of which are to improve the quality of life in the City of Wylie,
Texas, and to actively encourage its employees to be involved in such organizations and/or
activities.
VIII. Verification and Compliance. The Company will allow the WEDC to audit necessary
Company's records, documents, agreements and other instruments in furtherance of the
following purposes: (i) to ensure the Company's compliance with the affirmative covenants set
forth in this Agreement; (ii) to determine the existence of an Event of Default under the terms of
this Agreement; (iii) to ensure compliance with any other terms and conditions set forth herein or
any related documents. Company will provide reports certifying the status of compliance, jobs
retained, new investments and any other relevant information until the termination of this
Agreement
Page 3 of 5
W.\Board\2017\1 1-15-17Wli kten,Inc -Performance Agreement doc
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 per the laws of the State of Texas and is subject to all
provisions of Vernon's Ann. Civ. St. Art. 5190.6, which are incorporated herein by reference
for all purposes. In the event any provision of the Agreement 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 perniitted 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: Mikten, Inc.
P.O. Box 310
Lavon, TX. 75166
Attention: Mike Sargent
Page 4 of 5
W.\Board\2017 11-15-17\Mikten,Inc. -Performance Agreement doe
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 Agivement and that the same is a binding obligation on such party.
EXECUTED this day of November 201 7.
Wylie Economic Development Corporation
By:
Samuel D.R. Sattertvhite, Executive Director
COMPANY:
1ikten0 Inc
By:
Mike Sargent„Owner
Page 5 of
WABoartP2017\I I-I 5-17\Miktem -Performance iNgreementdoc
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RSEDED k ++
YIP AT ,! ZONING Pr1YM P•uT•a •ttl•P..1.mm no 9.ME9Nbnla OF THE SR.INLECTOR(DUE TO BLATHER CONDITIONS) BY STANDARD CITY DETAILS.
LOT COVERAGE: LIGHT INDUSTRIAL(U) Mans OR BY CONTRACTOR(DUE TO PREVIOUS CONDITIONS) „IV"
203X PARKING: Noma Ora A DN•atva•rebe btw=n MA NA ALL CANCELED INSPECTIONS MUST BE RECALLED.
Parking Required-15 •"°i0it 3)ANY QUESTIONS CAN BE ADDRESSED BY CONTACTING
FLOOR TO AREA RA110: Office Warehouse(1 space/750 eq R)-8 EACH BLDG THE APPROPRIATE DEPARTMENT BETM4EN BAM-BAM OR SITE PLAN
A92:1 Handicapped PrYNded-2
m nlm I.
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BUILDING AREA .ra2Ne•rNe.d.e�.N Buuomc/EiEccmcu SARGENT ADDITION
5970 SOFT.. LANDSCAPE: ACu97.n.131erMNOA
(OFTICE-1,970) Land.coPe Area Required: SARGENT AOCITON
MANE LAM
(WAREHOUSE-4,000) 5,871 sq ft(102:al 58,709 sr;it) 9MNam Adbdtlm MmM, A Um ofAbdtNirphabssM.b PLOYBING/ISECHANICAL• NOTE: Lab 1.9.001(A.1.35 ACRES
Landscape Argo Pr000.d: 001,0.d ll�Y1 PIa7N.v.M1Iy M N.usi.ppw.no. PRIOR i9 TIE BEpINING OF ANY
BUILDING HEIGHT: 18,928 as:ft CONSTRUCTOR
q GCITI siuL iXEucnCN Oq'a �c°r'b TER
17'(one story) St 9 £CI1X0 CCNTiACTCaB RE9PGNSIBILItt T9
BUILDING SETBACKS: CONTACT THE CINL ENGINEER TO M 1 3 �'N � V
FRONT:29' ENSURE THAT ALL PARTIES ARE /1
IN POSSESSION OF THE MOST
ODE: CURRENT nano COMMENTS T OF CCNSmuCTQN RomIG 0
NOW CONS ATNO .NC •
972 272-12e iw 972 222-E70 Crrd rm.wow
1)BENCHMARK: 17...nay.,En..I.c...AI I.ns A...e
Elevation•ore based on CIly of 5,1le 9fc IC F'm7 M.
Monument CM 2-
ElEV N 3,324 am ITT
4/12/17 `^ " CTDT, CO
ylie cono ic I evelo s e t Con s oratio
E •
TO: WEDC Board of Directors
FROM: Samuel Satterwhite, Executive Director
SUBJECT: Staff Report
DATE: November 8, 2017
Issue
Staff report: review issues surrounding WEDC Performance Agreement Summary,
Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway Property, KREA
Acquisitions, LLC, WEDC Promotional Activity, 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: All State Fire Equipment, B&B Theatres Operating Company, Clark Street
Development, DANK Real Estate, DCU, Exco Extrusion Dies, Getset, KREA Acquisition,
McClure Partners, REVA Hospitality, Ronald P. and Carole A. Trout, SAF Holland, Von Runnen
Holdings, Wedge Corporation, and Woodbridge Crossing.
Woodbridge Crossing
Attached for the Board's review is the Sales Tax Reimbursement Report which identifies all sales
taxes received through October 2017 within Woodbridge Crossing for the City General Fund, the
WEDC,and the 4B. As a reminder,the City and WEDC reimbursed 85%of all sales tax generated
within Woodbridge Crossing through September 2013 with the reimbursement percentage reduced
to 65% thereafter. Due to the default under the Amended and Restated Performance Agreement,
Woodbridge Crossing is only eligible to receive up to $6 million in sales tax reimbursement
through September 2021 as opposed to the maximum reimbursement of $12 million originally
contemplated.
$4,566,233.35 in reimbursement has been earned through October 2017 with net receipts of
$3,821,670.40 in ad valorem taxes to the City of Wylie (excluding the WISD). As shown on the
WEDC- Staff Report
November 8,2017
Page 2 of 3
Sales Tax Reimbursement Report, $115,519.62 was generated in sales tax in August 2017 versus
$127,653.30 in August 2016. This represents a 9.51% decrease over 2016 receipts.
Woodbridge Centre
Within the Kroger-anchored center, $11,385.79 in sales tax was generated in August 2017 with
$2,846.45 subject to reimbursement. August 2017 sales represent a 6% increase over 2016.
As reported previously, a Pet Supplies Plus and Credit Union of Texas will soon be breaking
ground at the intersection of 544 and Woodbridge Parkway. Both concepts were approved at
Council on October 10tn
Environmental Activity Summary
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 Maim 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 is processing the Certificate of Completion for the VCP which will be in hand prior to
the November 27th start date for CFA with the existing monitoring wells being capped. EDGE
Realty has generated some positive exposure for the remaining pad site with productive meetings
held at ICSC —Dallas.
544 Gateway Property
Guida, Slavich& Flores, P.C. has begun their investigation of previous and existing conditions as
it relates to groundwater and the current Ready for Reuse Certificate issued by the EPA. Staff will
provide an oral update on the progress to date.
KREA Acquisitions,LLC
Even with a signed Amendment in place regarding,status of infrastructure assistance for the KREA
project, staff contacted KREA in writing, with a response received, pertaining to a potential
Default should a CO not be in place by 11-30-17.
WEDC Promotional Activity
Included in your packet is the report on usage of Mavericks tickets.
Regional Housing Starts
Thirty-three homes were permitted in Wylie for the month of October 2017. Sachse, Lavon,
Murphy permitted a combined eleven with Inspiration permitting fourteen over the same period.
WEDC- Staff Report
November 8, 2017
Page 3 of 3
No action is requested by staff for this item.
Attachments
Performance Agreement S s ary
W&M Activity Report
Promotional Activity Log
Regional Housing Permits
Woodbridge Crossing
Sales Tax Reimbursement Report
Filing Allocation City of 4B WEDC Applicable WEDC City Total
Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement
Oct-09 Dec-09 $17,612.55 $8,806.27 $8,806.27 $35,225.09 0.85 7,485.33 $14,970.66 $22,455.99
Nov-09 Jan-10 21,995.30 10,997.65 10,997.65 43,990.60 0.85 9,348.00 18,696.01 28,044.01
Dec-09 Feb-10 40,289.26 20,144.63 20,144.63 80,578.52 0.85 17,122.94 34,245.87 51,368.81
Sub-Total 159,794.21 33,956.27 67,912.54 101,868.81
Jan-10 Mar-10 16,017.96 8,008.98 8,008.98 32,035.92 0.85 6,807.63 13,615.27 20,422.90
Feb-10 Apr-10 18,392.59 9,196.29 9,196.29 36,785.17 0.85 7,816.85 15,633.70 23,450.55
Mar-10 May-10 24,382.07 12,191.03 12,191.03 48,764.13 0.85 10,362.38 20,724.76 31,087.13
Sub-Total 117,585.22 24,986.86 49,973.72 74,960.58
Apr-10 Jun-10 16,991.53 8,495.76 8,495.76 33,983.05 0.85 7,221.40 14,442.80 21,664.19
May-10 Jul-10 19,588.24 9,794.12 9,794.12 39,176.48 0.85 8,325.00 16,650.00 24,975.01
Jun-10 Aug-10 24,662.64 12,331.32 12,331.32 49,325.28 0.85 10,481.62 20,963.24 31,444.87
Sub-Total 122,484.81 26,028.02 52,056.04 78,084.07
Jul-10 Sep-10 18,344.56 9,172.28 9,172.28 36,689.12 0.85 7,796.44 15,592.88 23,389.31
Aug-10 Oct-10 20,401.73 10,200.87 10,200.87 40,803.46 0.85 8,670.74 17,341.47 26,012.21
Sep-10 Nov-10 22,301.22 11,150.61 11,150.61 44,602.43 0.85 9478.02 18956.03 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,.`,` Wylie 1 (0.5Y6) (0.596) `Total ^~^��Roba (96) Reimbursement Reimbursement Reimbursement
May-11 Jul-1 1 50.192.64 25.006. ' 25.096.32 100.385.28 0.0' 21.331.87 42.883.74 83.995.02
Jun-11 Aug-11 43.939.11 21.819.56 21.819.56 87,278.22 0.85, 18,546.62 37^093.24 55,630.87,
Sub-Total 254576.48 54,097.50 108,195.00 162,29251
Jul-1 1 Sap-11 31.551.34 15.775.67 15.75.67 63.102.67 0.85 13,409.32 26.818.63 40.227.95
Aug-11 Oct-11 32.78.19 16
399.09 16.399.08 65.596.37 0.85 13.039.23 27.878.46 41.817.69
Sep-I1 Nov-11 36.136.64 18.068.32 18.06832 _ , 72.273.27 0.86 15,358 ^ ^~.~ 30.710.14 46.074.21
Sub-Total 200,972.31 42,706.02 05,413.23 128,119.85
Oct-1 1 Dec-11 31.701.68 15.850.84 15.850.84 03.403.35 0.85 13.473.21 26.946.42 40.419.64
Nov-11 Jan-12 4 .631.g4 20.315.97 2 .315.97 81.283.88 0.85 17.268.57 34.537.15 51.805.72
Dec-11 Feb-12 66.403.17 33.201.59 33.201.50 ' 132.808.34. 0.85 28,221 35_ 56.442.69^ ^ 84.664.04
Sub-Total 277,473.57 58,96113 117,026.27 176,88940
Jan-12 Mar-12 28.100.49 14.090.24 14.090.24 56.360.97 0.85 11.876.71 33.953.41 35.830.12
Fob-12 App12 32824.38 16.412.18 16.41218 05.648.71 0.85 13.850.35 27.000.70 41.851.05
K8op12 May-12 42.2 375 2 .106.88 21.106.88 84.437.50 0.85 17,940.8435.881.69 53.822..53^
Sub-Total 206,437.18 43'887.90 87,735.80 131'60370
Apr-12 Jun-12 33.749.69 16.874.85 16.874.05 67.498.38 0.85 14.343.62 28.687.24 43.030.85
May-12 Jul-12 35.758.08 17.878.04 17.878.04 71.512.15 0.85 15.106.33 30.392.60 45.589.00
Jun-12 Aug-12 43.423.00 21.711.55 21.711.55 86.846.18 D�85 18,454.81 36.909.03 55.3G4.44
Sub-Total 225,857.71 4� ��Q4�7� 8/�Q0 53 143,984.29
Jul-12 Sep-12 32.945.51 15.47275 16.473.76 65,891.02 0.85 14.001.84 28.003.68 43.005.53
Aug-12 Oct-12 33.981.48 16.980.74 16.990.74 67,962.97 0.85 14.442.13 28.884.28 43.326.39
8o9-12 Nov-12 39.669.19 19.834.60 19.834.60 79,33838 0.85 16,---85841 33.718�81 5057822
, _, _
Sub-Total 213,/8237 45,30338 90,006.70 135,910.14
Oct-12 Dec-12 61.352.09 30.676.05 30.676.05 122.704.18 0.85 26.074.64 52.148.28 78.323.91
Nov-12 Jan-13 13.760.37 6.880.18 6.880.18 27,520 73 0.85 6.848.10 11.606.31 17.544.47
Dec-12 Feb-13 68.951.35 34.475.87 34.475.67 69 0.85 � 3O432 5�6O864 8�GY�lQ8
Sub-Total ~~~~~^ �O ~ - - --'' y^ - ' -
m �O���I 61,227.11 22,45423 183,681.35
Jan43 Mar-13 37.20478 18.03239 18.632.30 74,529.55 0.85 15,837.53 31.675.00 47.512.59
Woodbridge Crossing
Sales Tax Reimbursement Report
Page 3
Filing Allocation City of 4B WEDC Applicable WEDC City Total
Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement
Feb-13 Apr-13 32,499.58 16,249.79 16,249.79 64,999.15 0.85 13,812.32 27,624.64 41,436.96
Mar-13 May-13 42,416.25 21,208.13 21,208.13 84,832.50 0.85 18,026.91 36,053.81 54,080.72
Sub-Total 224,361.20 47,676.76 95,353.51 143,030.27
Apr-13 Jun-13 31,950.38 15,975.19 15,975.19 63,900.76 0.85 13,578.91 27,157.82 40,736.73
May-13 Jul-13 35,623.93 17,811.97 17,811.97 71,247.86 0.85 15,140.17 30,280.34 45,420.51
Jun-13 Aug-13 44,805.27 22,402.63 22,402.63 89,610.53 0.85 19,042.24 38,084.48 57,126.71
Sub-Total 224,759.15 47,761.32 95,522.64 143,283.96
Jul-13 Sep-13 30,171.94 15,085.97 15,085.97 60,343.87 0.85 12,823.07 25,646.14 38,469.22
Aug-13 Oct-13 31,615.59 15,807.80 15,807.80 63,231.18 0.85 13,436.63 26,873.25 40,309.88
Sep-13 Nov-13 34,215.75 17,107.88 17,107.88 68,431.50 0.85 14,541.69 29,083.39 43,625.08
Sub-Total 192,006.55 40,801.39 81,602.78 122,404.18
Oct-13 Dec-13 30,192.68 15,096.34 15,096.34 60,385.36 0.65 9,812.62 19,625.24 29,437.86
Nov-13 Jan-14 40,059.94 20,029.97 20,029.97 80,119.87 0.65 13,019.48 26,038.96 39,058.44
Dec-13 Feb-14 60,106.82 30,053.41 30,053.41 120,213.63 0.65 19,534.71 39,069.43 58,604.14
Sub-Total 260,718.86 42,366.81 84,733.63 127,100.44
Jan-14 Mar-14 34,887.18 17,443.59 17,443.59 69,774.35 0.65 11,338.33 22,676.66 34,015.00
Feb-14 Apr-14 39,550.17 19,775.09 19,775.09 79,100.34 0.65 12,853.81 25,707.61 38,561.42
Mar-14 *May-14 50,095.00 25,047.50 25,047.50 100,190.00 0.65 16,280.88 32,561.75 48,842.63
Sub-Total 249,064.69 40,473.01 80,946.02 121,419.04
Apr-14 Jun-14 42,836.52 21,418.26 21,418.26 85,673.03 0.65 13,921.87 27,843.73 41,765.60
May-14 Jul-14 44,483.44 22,241.72 22,241.72 88,966.88 0.65 14,457.12 28,914.24 43,371.35
Jun-14 Aug-14 54,191.06 27,095.53 27,095.53 108,382.12 0.65 17,612.09 35,224.19 52,836.28
Sub-Total 283,022.03 45,991.08 91,982.16 137,973.24
Jul-14 Sep-14 41,601.13 20,800.56 20,800.56 83,202.25 0.65 13,520.37 27,040.73 40,561.10
Aug-14 Oct-14 46,838.76 23,419.38 23,419.38 93,677.52 0.65 15,222.60 30,445.19 45,667.79
Sep-14 Nov-14 58,574.10 29,287.05 29,287.05 117,148.19 0.65 19,036.58 38,073.16 57,109.74
Sub-Total 294,027.96 47,779.54 95,559.09 143,338.63
Oct-14 Dec-14 46,397.97 23,198.98 23,198.98 92,795.93 0.65 15,079.34 30,158.68 45,238.02
,
Woodbridge Crossing
Sales Tax Reimbursement Report
Page 4
Filing Allocation City of 4B WEDC Applicable WEDC City Total
Period Period W lie (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 55,448.04 110,896.07 166,3 .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 29,849.22 119,396.87 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
Jul-17 Sep-17 47,207.44 23,603.72 23,603.72 94414.88 0.65 15,342.42 30,684.84 46,027.25
Aug-17 Oct-17 57,759.81 28,879.91 28,879.91 115,519,62' 0.65 18,771.94 37,543.88 56,315.81
Sep-17 Nov-17 0.00 0.00 0.00 0.65 0.00 0.00 0.00
209,934.50 34,114.36 68,228.71 102,343.07
Totals 8,387,903.75 1,522,077.78 3,044,155.57 4,566,233.35
Note: Anticipated completion date for$6 mm incentive obligation -October 2019
CSD Woodbridge Centre
Sales Tax Reimbursement Report
FUinQ Allocation City 4B VVEOC =, VVEOC
Period period/ 1.0098 Y6 O]�DTotal Reimbursement
`
]an-14 Mar-14 ' -$500.33 $25017 $250.17 $1'00066 $25O17
Sub-Total ' =
Feb-14 Amp14 608.31 30416 30416 1.218.62 3O�1G
��ap14 May-14 818.13 40957 409.57 1.638. ' - ^ `
Apr-14 Jun-14 1.474.84 73742 737.42 2.84S'G 737.42
' � �
Sub-Total 5.804,55 1,451.14
May-14 Jul-14 1.85870 028.35 928.35 3.713.39 928.35
Jun-14 Aug-14 25.688.18 12.843.09 12,843.09 51.372.38 12.843.09
]u|-14 Sep-14 1.482.27 741.14 741.14 2_� . .
2,964.54 741.14
-_
Sub-Total 58.050.20 14,512.57
Aug-14 Oct 14 1.92717 863.59 863.59 3.854.34 $88359
Sep-14 Nov-14 32.934.65 16.46/.32 16.45/.32 65.869.29 18.467.32
Oct-14 Dec-14 1.808.92 999.46 999.46 3.997 . 99Ei40
Sub-Total - 73.721~47' 18,430.37
'
Nov-14 Jan-15 2.885.15 1.442.58 1.442.58 5.- ' 3Q 1
,442.58
Den-14 Feb-15 29.624.02 14.812.01 14,812.01 $59.248.04 $14.812.01
]an-15 Mar-15 6.488.22 3.244.11 3.244 11 $12.076.44 $3.244 11
Sub-Total ' �77.gg�.�� 3���$� .a
Feb-15 Apr-15 5,694.92 2,847.46 2.847.46 11.389.83 2,847.46
K8ap15 May-15 31.178.75 15.588.37 15.588 37 $62,353.49
' $15588 37
App15 Jun-15 5.39041 2.695.20 2.695.20 $10.780]81
Sob-Total $� -524.13
.K8ay-15 Jul-15 6.467.00 3.233.50 3.233.50 12.934.00 3.233.50
]un-15Aug-1 5 32.1 O.31 16.055.16 16.055.16 $64.220.02 $16.055.16
]u|-lS Sep-1' 5.548.58 2,774.29 2.774.29 .. $1,1,097.15 $2.774.29
Sub-Total $88.251.77
Aug'15 Oct-15 5.683.48 2.841.74 2.841.74 11.36687 2.84174
5ep'15 Nov-15 41.414.13 20.707.06 20.707.06 $82.828.25 $20.707.06
Oct-15 'Dec-15' 6.00
' 81 3. 03.81 3.003.91 .�~ $12.015.82 3.003.91
Sub-Total $106.210.84 m�:�
~~
Nov-15 Jan-16 8.24873 3.123.36 3.123.38 12.493.45 3.123.38
Dec-15 Feb-16 38.577.49 19.288.74 10.288.74 $77.154.97 $19,288.74
`
CSD Woodbridge Centre
Sales Tax Reimbursement Report
]an-16 &4ap10 5.383.48 2.691.74 2.681.74 $1O.760.85
-.� ,
Sub-Total $100.415.37
Feb-16 App16 5.556.03 2.778.01 2.778.01 11.112.03 2778.01
K4ar-16 May-16 35.400.22 17.700.11 17.700.11 $70.800.43 $17.700.11
Apr-16 Jun-18 5.028.35 2.984.67 3.864.07 $11.858.69
Sub-Total $93.771.15
May-16 Ju|48 5.622.45 3.811.22 2.811.32 11.244.89 2.811.22
Jun-16 Aug-16 36.07878 18.030.38 18.039.38 $72.157.55 $18.039.39
]u|-lG Sep-16 5.553.88 2.770.94 2.776. $2.776.04
Sub-Total $23�
" :_�
Aug-16 5.386.52 2'683.36 2.693.2 7.693.28
Sep-16 Nov-10 46.861.87 22.925.89 22.925.99 $91^703L94 $22.025.99
Oct-16 Oeo-16 5.712.60 2.856.30 2.85830 $1142&.19 $2.858.30
Sub-Total 1138D21G^ \�� 54'
� . � _ � ~_`�
Nov-16 Jen47 5.534.50 2.787.28 2.767.28 $11.068.11 2.78728
Dec-16 Feb-17 38.832.48 19.816.33 19.016.23 $79.664.92 $18.916.23
]an-17 K8ap17 5.21030 2.805.20 2.605.20 $1O.42O78 $2.805.20
.
Sub-Total $101.154.81
Fet+17 Amp17 5.350.85 2.675.42 2.675.43 $10.701.60 2,675.42
Mar-17 May-17 35.835.03 17.867.52 17.987.52 $71.870.06 $17.987.52
App17 Jun-17 5.446.64 2.723.32 2.723.32, $1088327 ., $2,728.32
Sub-Total $93.485.02
May-17 Jul-17 6.878.40 3.483.20 3.488.20 $13.85879 3.489.20
Jun-17 Aug-17 35.612.74 17.806.37 17.806.37 $71.225i48 $17.806.37
Jul-17 Sep-1 7 5.225.94 2.012.97 2.812.87 $1D.451'87
� ` '
Sub-Total $05.634]4 $23,908.54/
5.692.90 2.846.45 2. 2.846/45
Sep-17 Nov-17 0.00 0.00 0.00 $0.00 $000
Oct-17 Dec-17 0.00 0.00 0.00 $D�DD $O�OO
� - -
Sub-Total $11.385.79
Total $1.188.797.13 $299.949[28
Outstanding Performance Agreement Summary
Company Performance Obligations Expiration Incentive Comment/Notes
All State Fire Equipment A. CO 9,300 sf office/warehouse; construction
documents for$788,000 4/15/2016 $20,000 Paid
/ /
B. Valuation of$1,100,000 2 1 2017 $20,000 Paid
C. Valuation of$900,000 2/1/2018 $20,000
B&B Theatres Phase I-CO 56,000 sf, 12 screen theater;
documentation of$600,000; documentation of
total expend. for land, improvements and personal
property of$10,000,000. 12/31/2013 $100,000 Paid
Cumulative valuation amended to$7,300,000 12/31/2014 $25,000. Paid
12/31/2015 $25,000 Paid
12/31/2016! $25,000 Paid
12/31/2017 $25,000
12/31/2018 $25,000
Total Incentive not to
B&B Theatres Sales Tax Reimb. Qrtly Sales Tax Reimbursement equal to .005 12-18'Annually exceed $600,000
CSD Woodbridge Phase I -Acquire property for 110,000 sf Kroger by
7/31/2016; CO by 3/31/2014 3/31/2014 $100,000 ! Paid
Phase II -CO for 120,600 sf retail space Sales tax
(completed) 3/31/20141 reimburse quarterly
Phase III-CO for 127,600 sf retail space Sales tax
(completed) 3/31/2017 reimburse quarterly
Cumulative incentive not
to exceed $1.1 mm.
Phase IV-CO for 134,600 sf retail space Sales tax Reimbursement
(completed) 3/31/2019! reimburse' spreadsheet attached.
Outstanding Performance Agreement Summary
Dank Real Estate-2`
la. Documentation of company's application for
CO for a 10,140 sf expansion at 2016 Windo cir.;
permit fee receipt for not less tha $15,600
(overage to be paid by WEDC), documentation for
construction costs of$1,500,000; current on ad
valorem taxes;verification of employment of 25
full time employees as of 10/25/17. 1/31/2019 $15,600
lb. CO for a 10,140 sf expansion at 2016 Windo
1/31/2019 $21,500
2. Minimum valuation of$2,100,000 for real and
personal prop.At 216 Windo Cir.;current on ad
valorem taxes; ongoing operations of Deanan
Popcorn at facility; employment verification of 29
full-time employees. 1/31/2020 $22,900
3. Minimum valuation of$2,100,000 for real and
personal prop.At 216 Windo Cir.; current on ad
valorem taxes; ongoing operations of Deanan
Popcorn at facility; employment verification of 33
full-time employees. 1/31/2021 23,000
DCU, Inc. 1.a. Documentation supporting application to City
of Wylie for a CO for a 11,200 sq ft facility located
at 2774 Capital; Permit Fee Receipt from City of
Wylie for not less than $31,534; Documentation
supporting construction cost of$700,000;
Documentation supporting expenditure of$25,000
for gas line extension of 670 feet to the
easternmost property line; current on Ad valorem
taxes;.
8/1/2018 $31,534
1.b. Certificate of Occupancy, 11,200 Sq ft
building. 8/1/2018, $18,466
Outstanding Performance Agreement Summary
2. Minimum valuation of$1,200,000 for real and
personal Property; current on ad valorem taxes,
continuous operations at 2774 Capital. 8/1/2019r $25,000
3. Minimum valuation of$1,200,000 for real and
personal Property; current on ad valorem taxes,
continuous operations at 2774 Capital. 8/1/2020 $25,000
Exco Extrusion Dies (Texas), Inc. A. CO on 30,000 sf building 2/24/2016 $87,000 ; Paid
B. On an annual basis maintain appraised value of
$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 11/30/17; 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
,�n� at CO and ending 7 years from 1st Not to exceed $450,000
payment) Start Date: 11/30/17. 11/30/24 total incentive.
Outstanding Performance Agreement Summary
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
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:
Outstanding Performance Agreement Summary
Employ up to 45 full-time employees over 133 $1,000/emp
(Employee Threshold). One time payment of over
$1,000 per new employee added. 12/31/20171Threshold
Employ up to 45 full-time employees over 133 $1,000/emp
(Employee Threshold). One time payment of over
$1,000 per new employee added. 12/31/2018 Threshold
Employ up to 45 full-time employees over 133 $1,000/emp
(Employee Threshold). One time payment of over Not to exceed $45,000
$1,000 per new employee added. 12/31/2019 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
1B. CO for"The Rock" 12/31/2014 $137,500 Loan Advance #2
C. Evidence of Continuous Operation 12/31/2015 $91,666 Loan Advance Forgiven
D. Evidence of Continuous Operation 12/31/2016 $91,666 Loan Advance Forgiven
E. Evidence of Continuous 2017 Operation 12 31 p / / $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 r Descr.of Work Proj.Total
605 Commerce Project Total: 144,911.02
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 2/28/151 Misc. Supplies
151.25 2/28/15: W&M Equipment
250.00 2/28/15 Vehicle Usage P-2
12.39 8/18/15 Postage
47.50 8/31/15 Labor: Mark Smith
Total 11,569.96
VCP(Vol. Cleanup Prog) 10,324.00 6/23/15 Labor: Frank Clark; Laura Foss; Hichael Henn,James Maxwell; Paul
Rodusky; Mark Smith; Clay Snider; William Soderstrom; Ross
Tucker; Michael Whitehead
Contracted Amt: $38,000 3,325.80 6/23/15 Laboratory
1,150.00 6/23/15i 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 iVehicle Usage P-2
1,066.25' 8/31/15 ILabor: 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
402.50p 12/15/15 Labor: Clay Snider
631.25 12/31/15 Labor: Clay Snider, Michael Whitehead
143.75 12/31/15 Other Sub-contractors
843.75 1/31/16' Labor: Michael Henn, Mark Smith, Clay Snider
1,612.50 2/29/16 Labor: Shan Ahmad, Clay Snider
1,010.85 2/29/16 Laboratory
8.24 2/29/16 Misc.Supplies
396.14 2/29/16 Vehicles/ Equipment
983.75 3/31/16 Labor: Michael Henn,Jeremiah Roy, Clay Snider
142.50 4/30/16 Labor: Jeremiah Roy, Clay Snider
Labor: Shan Ahmed,James Maxwell,Antonia Pacholczuk, Paul
3,201.25 6/30/16 Rodusky,Jeremiah Roy, Michael Whitehead, Ross Zapalac
38,163.10
APAR(Affected Property
Assessment Report) 805.00 7/14/15 Labor: Clay Snider Completed
87.50 8/18/15 Labor: Michael Henn
Contracted Amt: $16,000 2,676.25 8/31/15 Labor: Laura Foss; Michael Henn; Clay Snider
11.73 8/31/15, Misc.Supplies
398.50 8/31/15 Vehicle usage P-2; W&M Equipment
2,880.00 9/30/15 Labor: Shan Ahmad;James Maxwell;Antonia Pacholczuk; Clay
Snider; Michael Whitehead.
536.00 10/31/15 Labor: Clay Snider; Frank Clark
38.56 10/31/15 Subcontractors: Postage&Shipping
230.00 12/15/15 Labor: Clay Snider
115.00 12/31/15 Labor: Clay Snider
3,107.50 1/31/16 Labor: Shan Ahmad, Frank Clark, Michael Henn,Jeremiah Roy, Clay
Snider
350.00 4/30/16 Labor: Jeremiah Roy
195.00 5/31/16 Labor: Shan Ahmad, Clay Snider
660.00. 10/31/16' Labor: Clay Snider
W M Environmental Program Tracking
502.50 11/30/16 Labor: Michael Henn,Joshua Hopper, Clay Snider
173.50 12/31/16 Labor: Antonia Pacholczuk, Clay Snider
172.50 1/31/17` Labor: Michael Henn, Clay Snider, Michael Whitehead
317.00 2/28/17 Labor: Frank Clark, Michael Henn,Jeremiah Roy
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 7/31/17I Labor: Frank Clark, Michael Henn, Clay Snider
412.75 9/30/171 Labor: James Maxwell, Clay Snider
Total 15,989.54
MSD(Municipal Setting
Designation) 393.75 7/14/15 Labor: Michael Henn
384.00 8/18/15 Labor- Frank Clark, Michael Henn
Contracted Amt: $25,000 1,336.23 8/18/15 Aerials/Maps/Photos
195.75 8/31/15 Labor: Frank Clark, Michael Henn
1,020.00 9/30/15 Labor: Laura Foss
2,241.25 10/31/15 Labor: Frank Clark, Michael Henn; Michael Whitehead
87.50 12/15/15 Labor: Michael Henn
1,476.25 12/31/15 Labor: Frank Clark, Holly Stockton, Michael Whitehead
28.44 12/31/15 Mileage
837.50 1/31/16 Frank Clark, Michael Henn
4,292.50 2/29/16 Labor: Shan Ahmad, Frank Clark, Michael Henn,Jeremiah Roy, Clay Snider
97.75 2/29/16, Meals
1,873.75 3/31/16 Labor: Shan Ahmad, Frank Clark,Jeremiah Roy, Clay Snider, Michael Whitehead
Labor: Frank Clark, Michael Henn,Jeremiah Roy, Mark Smith,Clay
1,495.00 4/30/16 Snider, Michael Whitehead
221.25 5/31/16 Labor: James Maxwell, Clay Snider
87.50 9/30/16 Labor: Clay Snider, Michael Whitehead
1,516.25 10/31/16 Labor: Frank Clark, Michael Henn, Clay Snider, Micahel Whitehead
903.75 11/30/16 Labor: Michael Henn,Joshua Hopper,Jeremiah Roy, Clay Snider
Labor: Frank Clark, Michael Henn,James Maxell,Antonia
2,332.75 12/31/16 Pacholczuk, Clay Snider, Michael Whitehead
24.62 12/31/16 Postage/Shipping/Delivery
131.00 1/31/17 Labor: Frank Clark, Clay Snider
W M Environmental Program Tracking
2,827.50 2/28/17 Labor: Frank Clark,James Maxwell,Antonia Pacholczuk
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
90.00i 5/31/16 Labor: Clay Snider
1,603.75E 6/30/16 Labor: Michael Henn, Clay Snider
1,472.00 6/30/16 Other Sub-Contactors: Laboratory
Total: 3,635.75
Response Action Plan (RAP)
502.50 7/31/16 Labor: Joshua Hopper, Clay Snider
Contract: $10,500 Labor: Frank Clark,Trudy Hasan,James Maxwell, Clay Snider, Ross
2,810.00' 8/31/16 Tucker, Michael Whitehead.
36.27 8/31/16 ;Shipping, postage, delivery
393.75 9/30/16 Labor: Shan Ahmad
770.00 10/31/16 Labor: Michael Henn, Clay Snider, Michael Whitehead
172.50 11/30/16 Labor: Michael Henn,Joshua Hopper
45.00 1/31/17 ;Labor: Michael Henn
172.50 2/28/17 Labor: Michael Whitehead
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
2,012.40 3/31/17 Nelson, Clay Snider, Michael Whitehead
15,568.98 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
266.00 9/30/17 Labor: Frank Clark, Clay Snider
9.14 9/30/17 Postage/Shipping/Delivery
2,884.03
900-908 Kirby Project Total: 26,602.31
Phase I -Contract$2,800 2,800.00 10/31/16 I Completed
2,800.00
W M Environmental Program Tracking
Limited Phase II - I Labor: Shan Ahmad, Michael Henn,Joshua Hopper, Clay Snider,
Contract$17,000 4,052.50 9/30/16` I Michael Whitehead
11.18 9/30/16 [Mileage
227.25 9/30/16 [Vehicle Usage/W&M Equipment
937.50 10/31/16 Labor: Shan Ahmad, Michael Henn, Clay Snider, Michael Whitehead
11,450.55 10/31/16 Subcontractors: Laboratory($3,685.75), Drilling($7,764.80)
98.36 10/31/16 Misc.Supplies
218.75 10/31/16 Vehicle Usage/W&M Equipment
16,996.09
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 1PM &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
260.00 ! 9/30/17 Labor: Frank Clark, Michel Henn
6,806.22
Hwy 78-CFA VCP Project Total: 59,897.57
Contract$68,000 1,233.00 ` 1/31/17 Labor: Frank Clark, Clay Snider, Michael Whitehead
Prof. 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 2/28/171 Supplies
W M Environmental Program Tracking
575.50 2/28/17 ,Vehicles & Equipment
1,794.00 2/28/17 VCP Application: Frank Clark, Clay Snider
108.00 2/28/17' Drinking Water Survey: Jeremiah Roy
400.00 2/28/17 Affected Property Assessment Report- Frank Clark
155.00 3/31/17 Proj. Mgmt Labor: Clay Snider
1,856.00 3/31/17 Subsurface Investigation: Frank Clark,Joshua Hopper, Clay Snider
4,893.25 3/31/17 Subsurface 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 i 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 j 4/30/17 1Proj. 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 4/30/171 Postage, Delivery,Shipping
501.50 5/31/17 Project Mgmt& Meetings: Frank Clark,James Maxwell, Clay Snider
W M Environmental Program Tracking
Project Mgmt& Meetings: Frank Clark, Michael Henn,Trey Nelson,
2,097.25 6/30/17 Clay Snider, Michael Whitehead
462.00 6/30/17 I Labor: Trey Nelson
92.50 6/30/17 Vehicles& Equipment
284.00 7/31/17 Project Mgmt& Meetings: Frank Clark, Clay Snider
1,842.50 7/31/17 Subsurface Investigation: Trey Nelson,Joshua Hopper, Clay Snider
3,090.91 j 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
1,220.00 9/30/17 Project Mgmt& Meetings: Michael Henn, Clay Snider
231.00 ; 9/30/17 I Labor: Trey Nelson
35.36 9/30/17 Supplies/Permits
93.75 9/30/17 Vehicles& Equipment
59,897.57
Spent Contracted
Total
Expenditures: 231,410.90 $247,000
WEDC Activity Log
Prestonwood Country Club
DATE WEDC CONTACT BUSINESS CONTACT DESCRIPTION OF CHARGE AMOUNT
9/30/17 n/a n/a October Dues& Fees 744.72
744.72
WEDC Promotional Activities
2017-2018 Mavericks Tickets
Date Attendees
October 2, 2017 ECD, LP (Preseason)
October 23, 2017 TGB Group, Edge,John'T. Evans
November 11, 2017 Coventry Reserve -Auction Donation
Regional Housing Permits
Wylie Lavon
09 10 11 12 13 14 15 16 17 09 10 11 12 13 14 15 16 17
January 13 28 20 16 18 14 46 9 15 January 3 8 2 4 5 4 6 2 12
February 7 18 9 22 14 20 31 4 36 February 4 7 11 2 5 11 6 5 1
March 26 20 28 18 17 30 31 43 33 March 10 8 3 6 3 17 8 3 0
April 16 23 18 29 38 10 57 41 70 April 6 13 1 12 24 7 11 1 1
May 11 26 18 20 22 26 68 101 45 May 7 8 1 0 9 17 4 4 11
June 36 24 19 13 11 9 57 58 98 June 12 12 9 2 5 12 5 1 7
July 21 33 20 19 18 29 36 34 60 July 14 11 2 3 1 14 12 1 1
August 22 24 16 20 19 19 30 25 11 August 14 12 9 6 3 1 5 .. 0 12
September 38 23 22 15 8 17 24 18 46 September 1 0 6 7 6 2 7 0 5
October 15 17 16 28 30 21 32 26 33 October 3 14 4 2 1 9 5 0 0
November 21 13 5 14 18 20 33 11 November 13 5 5 3 2 1 2 0
December 31 15 10 16 23 65 38 39 December 2 1 7 1 4 5 6 0
TOTAL 257 264 201 230 236 280 483 409 447 TOTAL 89 99 60 48 68 100 77 17 50
Mur s by 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 0 September 13 3 12 12 17 23 27 20 3
October 4 8 3 16 16 4 0 ' 2 0 October 15 3 8 15 25 18 31 29 11
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 98 148 149 280 260 274 125
Inspiration
Jan Feb Mar Apr May Jun Jul AugSep 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 20 14 192
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
•
ylie co o is I evelos e t Cor s oration
E •
TO: WEDC Board of Directors
FROM: Sam Satterwhite, Executive Director
SUBJECT: Future Agenda Items
DATE: November 3, 2017
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.