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03-21-2018 (WEDC) Agenda Packet I II Wylie Economic Development CORPORATION egular eeting Agenda March 21, 2018—6:30 A.M. WEDC Offices—Conference Room 250 South Highway 78 —Wylie, Texas Marvin Fuller President Todd Wintters Vice President John Yeager Secretary Demond Dawkins Treasurer Bryan Brokaw Board Member Mayor Eric Hogue Ex-Officio Member Mindy Manson,City Manager 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. PRESENTATION I. Wylie Fire Chief Brent Parker to make presentation to Wylie Economic Development Corporation(WEDC)Board of Directors. ACTION ITEMS I. Consider and act upon approval of the March 11, 2018 Minutes of the WEDC Board of Directors Meeting. II. Consider and act upon approval of the February 2018 WEDC Treasurer's Report. III. (Remove from Table) Consider and act upon issues surrounding the use of WEDC property located at 100 Oak Street. IV. Consider and act upon approval of a First Amended Performance Agreement between DCU, Inc. and the WEDC. WEDC—Agenda March 21, 2018 Page 2 of 2 V. Consider and act upon issues surrounding a Purchase and Sale Agreement between the WEDC and SCSD-Finnell, Ltd. DISCUSSION ITEMS VI. Staff report: review issues surrounding WEDC Performance Agreement Summary, Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway Property, WEDC Promotional Activities, and regional housing starts. VII. Discussion of issues to be placed on future WEDC Board Meeting agenda (no substantial consideration/discussion allowed). EXECUTIVE SESSION Recess into Closed Session in compliance with Section 551.001, et.seq. Texas Government Code, to wit: Section 551.072 (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). Consider the sale or acquisition of properties located at: • Oak and Ballard 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 2016-lb • Project 2017-7a • Project 2017-8b ' CONVENE INTO OPEN MEETING I JOU• MENT CERTIFICATION I certifi/ that this Notice of Meeting was posted on this 16'" day of March 2018 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. Stephanie Storm,City Secretary Date Notice Removed mutes Wylie Economic Development Corporation Board of Directors Meeting Sunday, March 11, 2018 —2:30 P.M. WEDC Offices—Conference Room 250 South Highway 78 —Wylie, Texas CALL TOO' I ER Announce the presence of a Quorum President Marvin Fuller called the meeting to order at 2:32 p.m. Board Members present were Bryan Brokaw and Demond Dawkins. Ex-officio member Mayor Eric Hogue was present. WEDC staff present was Executive Director Sam Satterwhite and Senior Assistant Angel Wygant. CITIZEN PARTICIPATION With no citizen participation, President Fuller proceeded to Action Items. ACTION ITEMS ITEM NO. 1 — Consider and act upon approval of the February 28, 2018 Minutes of the Wylie Economic Development Corporation (WEDC) Board of Directors Meeting. MOTION: A motion was made by Demond Dawkins and seconded by Bryan Brokaw to approve the February 28, 2018 Minutes of the Wylie Economic Development Corporation. The WEDC Board voted 3 —FOR and 0—AGAINST in favor of the motion. ITEM NO. 2 — (Remove from Table) Consider and act upon issues surrounding a Performance Agreement between Cross Development, LLC and the WEDC. MOTION: A motion was made by Bryan Brokaw and seconded by Demond Dawkins to Remove the Item from Table. The WEDC Board voted 3 —FOR and 0—AGAINST in favor of the motion. Staff thanked the Board for coming in on Sunday due to the inability to secure a quorum for the week of March 12th and Cross hoping to close on the property on March 16th. As reported at the 2-28-18 WEDC Board Meeting, Council directed WEDC staff to address several concerns surrounding the Cross project which were as follows: • The land south of the Explorer Pipeline Easement may never be developed based upon multiple development challenges relating to accessibility and potential Contaminants remaining on-site; • The unknown timing related to Phase II; and • The amount of waived fees and WEDC monies recommended by staff may not be commensurate to the project benefits based upon the unknown timing for Phase II. WEDC—Minutes March 11, 2018 Page 2 of 3 Staff provided a review of the entire project with Cross presenting the mixed-use project to Council on 2-13-18 which approved zoning for the 286-unit multi-family development with commercial uses on the 15.72-acre tract. Project costs will be in excess of$32,000,000 for the multi-family alone. Now with zoning complete, Cross is awaiting Council and WEDC Board decisions prior to closing on the property. As reported to the Board previously, the premise behind considering financial assistance is based upon the site being underperforming, excessive site work costs, and the significant benefit this project will bring to surrounding commercial properties. Staff is recommending that in addition to the potential fee waivers of $475,000 being considered by Council, the WEDC approve $250,000 in reimbursement of qualified infrastructure. Based upon estimated net development fees imposed by the City of$325,000 and using an assumption of new taxable value of at least $30,000,000 on the multi-family component of the project alone, the rate of return on investment (ROI) will be approximately 6 months on the entire package with an annual net benefit to the City of Wylie in the amount of$365,000. Net benefit is comprised of sales tax, property tax, fees, utility revenue, and franchise fees less cost of utility and governmental services. For clarification, the ROI utilizes property taxes generated by the multi-family component with partial value generating taxes in 2020. As summarized in the Agreement and shown on the attached site plan, commercial development associated with the project is depicted as 2, 3,500 square foot restaurant pads,2,300 square feet of general retail, and 18,600 square feet of office space within what is identified as Phase II. Company Obligations (performance measures) associated with the project are as follows: (1) project cost for Phase I of at least $32,000,000, (2) purchase the 15.72 acres no later than March 20, 2018, (3) break ground on the multi-family component no later than August 1, 2018, (4) certificates of occupancy issued on all multi-family no later than September 1, 2020, (5) provide documentation supporting the expenditure of no less than $500,000 in site work to address the removal/remediation of polypropylene and shredded plastics and site preparation, (6) certificates of completion on 2,300 square feet of general retail and 3,200 square feet of restaurant space no later than September 1, 2020. Should Cross fail to meet any of the above Obligations, the contemplated waived fees will be due and payable prior to the issuance of any Certificate of Occupancy and all WEDC assistance will be void in advance of payment After receiving input from Council at the February 27th Meeting, staff approached the developer in an effort to tie a portion of the contemplated fee waivers and WEDC reimbursements to some portion of Phase II. While Cross Development was unable to commit to the timing of the office product, Council's concern over the 'development' obstacles can be address within the Agreement as follows: In addition to the previously presented Company Obligations, Cross must now provide documentation evidencing that the property south of the Explorer Pipeline Easement is accessible to vehicular traffic, the property is free from Contaminants caused by Electro Extraction, Inc. operations,and that the same area is actively being marketed for commercial uses consistent within the existing PD-MF/CR under Zoning Case 2017-12. Staff emphasized that Council will meet on this item after the Board Meeting on the 11th and that any decision of the Board is subject to Council approval. Staff asked Mayor Hogue if a WEDC WEDC—Minutes March 11, 2018 Page 3 of 3 decision coming out before Council would be perceived negatively by Council being that the City is taking the 'lead' on this project. Mayor Hogue commented that in light of the proposed closing on the land and the inability to secure a quorum after the Council meeting,he did not see any issue with the WEDC making a decision subject to Council approval. MOTION: A motion was made by Bryan Brokaw and seconded by Demond Dawkins to approve the Performance Agreement between Cross Development, LLC and the WEDC subject to Council approval. The WEDC Board voted 3 —FOR and 0—AGAINST in favor of the motion. ADJOU' MENT With no further business, President Fuller adjourned the WEDC Board meeting at 3:02 p.m. Marvin Fuller, President ATTEST: Samuel Satterwhite,Director ylie cono is I evelo I ent Cor $ oratio E 0 - A • TO: Samuel Satterwhite, Executive Director FROM: Angel Wygant, Senior Assistant SUBJECT: February 2018 Treasurer's Report DATE: March 9, 2018 Issue Consider and act upon approval of the February 2018 WEDC Treasurer's Report. Analysis From the Balance Sheet,page 1: Deposits - $12,000. This amount reflects a $2,000 deposit paid to Wylie Industrial Court for the current location of the WEDC office and a $10,000 escrow deposit for the purchase of property from Gallagher Construction. Loan Receivable - $51,248.09. Wylie Ice Cream Holdings paid off this Loan Receivable on March 1, 2018. No payment was received in February pending loan payoff. The payoff balance in the amount of$51,566.97 includes the principal balance and accrued interest through March 1, 2018 and will be reflected in the March 2018 Treasurer's Report. Account Rec —Forgivable Loans - $210,000. The final Performance Credit for The Wedge was issued in February 2018 in the amount of$91,666.66. The figure above includes the loan made to Exco Extrusion Dies in the amount of$350,000. The first 2 loan payments were forgiven on February 24, 2017 and February 24, 2018 respectively, in accordance with the terms of the Performance Agreement. Assuming Exco remains in compliance, the remaining 3 loan payments will be forgiven in equal amounts of$70,000 on an annual basis effective February 24th. Deferred Outflows - $413,000. This is a total of incentive payments which are due in the future. A breakdown of these charges includes: B & B Theatres - $25,000, GetSet - $10,000, All State Fire - $20,000, Exco Extrusion Dies — $40,000, Trout - $15,000, REVA Hospitality- $100,000, DCU - $100,000, DANK Real Estate - $83,000, MIKTEN - $20,000. KREA received an incentive for $100,000 and has been removed from the Deferred Outflows and Performance Agreement tracking report. WEDC February 2018 Treasurers Report March 9, 2018 Page 2 of 3 Balance Sheet,page 2: Deferred Inflow - $171,248.09. 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. No payment was received in February pending loan payoff. The figure above also includes Exco Extrusion Dies which 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 and second payments of$39,000 were forgiven on 2-24-17 and 2-24-18, respectively, with three payments remaining. Revenue and Expense Report,page 2: Rental Income — $7,170. DCU - $3,000, Delta-E - $800, Helical Concepts - $400, Wheels Unlimited - $1,435, Richmond Hydromulch- $500, Trimark- $1,035. Revenue and Expense Report,page 3: Office Supplies - $5,500.85. Aerial Maps — ($5,320), Leadership Wylie Book Binding ($51), Book Tabs and general office supplies ($129.85). Postage &Freight- $49. Delivery—UCR Development. Food Supplies - $82.10. WEDC Board Meeting Meals ($34.50), WDMA ($23.85), Kitchen Supplies ($23.75). Incentives - $100,000. KREA Incentive 1 of 1. Special Services — $153,815.94. Demolition — Kirby ($142,226.38), Environmental - Squire ($3,700), Boundary Survey — Squire ($900), TCEQ — Hwy 78 VCP ($603.75), Mowing - $171.72, Gutters —Birmingham ($1,2,00, Fence Install & Rental ($1,058.59), Waterline — Hwy 78 ($3,698), Janitorial Service ($157.50), Pest Control-Oak($100). Advertising- $300. WDMA Audio Ads. Community Development - $4,174.98. Taste of Wylie ($1,000), 2018 Flag Program ($3,000), State of the City Luncheon ($105), Bereavement-Duggar($69.98). Travel & Training - ($165.04). Sales Tax Refund — Wylie Invitational $520.34, Bus Mtg/Proj. Updates ($355.30). Dues & Subscriptions - $1,001. The Wylie News — ($122), WDMA Dues ($100), Club Corp Dues—($779). WEDC February 2018 Treasurers Report March 9, 2018 Page 3 of 3 Insurance—$303. Bond Renewal. Audit & Legal - $5,667.50. Environ. Review Kirby Property ($2,520), Atty Fees: McClure ($1,632.50), ' A($755), SCSD-Finnell($760). Recommendation Staff recommends that the WEDC Board of Directors approve the Feb 2018 Treasurer's Report. Attachments Feb . 2018 Treasurer's Report Sales Tax Revenue Wylie Economic Development Corporation Statement nf Net Position _ A,of February QlZOz8 Assets Cash and cash equivalents g 981,931.73 Receivables $ 281'248.09 Note Inventories $ 8.3I9\885.50 Prepaid Items $ ' _^ Total Assets $ � � � z�zO53Z ` Deferred Outflows of Resources Pensions $�� h�,48�.55 _ _ � Total deferred outflows ofresources g 66,481s5 Liabilities Accounts Payable and other current liabilities $ 113.54427 Unearned Revenue g 174,248.09 Note Non current liabilities: Due within one year $ 677\585.37 Note Due in more than one year $ 3'534'86834 _ Total Liabilities $ w�5OC�z45.O7 � .` Deferred Inflows nfResources Pensions $ 2'O39�41 � Total deferred inflows ofresources $ 2'839.41 Net Position Net investment in capital assets $ ~ Unrestricted g 5'135'66139 Total Net Position $ �13��139 . ~~~ � - , Notez: Includes incentives mtheformqffogivable lounsfor$210,000. mote2: Wylie Ice Cream loan payments, exco amortization,deposits from rental property wu/a3: Liabilities due within one year includes compensated absences oy$s7,489.D0 motew The WEDCpmvidesmonetary incentives mn companies to re/ocouelexpnndwithin the City ofWylie. At February 28,Z0z8,these commitments totaled$«z3,00000 3-15_2018 09:25 AM CITY OF WYLIE PACK 1 BALANCE SHEET AS OF: AEBEI.IARY 28TH, F018' Ili-11YLIE ECONLCF11C; MEME ;CORP IRCC"R1CIL111 TITLE Ats71ET IC0 -1, 9110 CL s.IN ON CASH C CASH r irrV 3AB,R. ...29 7:11110 9101ID CASH -- ME11D -- INWODD 0.00 11011 1011'S ESCROW -01 I CC-I d11. ~`I DEPOSITS 12,000.00 1000-101 CI OTHER _ MF;''k:•.&„ ¢L51A.1TNC C.00 10 0 0-1 0 34 1 TFIXF901 0.00 10111-10193 LC.GIC 0.0I 1090-10481 INTEREST RECEIVABLE: 0.09 1000-11511 1001. RCC 644E44 C CC 1900-11IB2 10 TI REC _- SALES TAW 0.98 1900-12910 LEASE PAYMENTS RECEIVABLE C CC 1090-12 450 LOAN PROCEEDS RECEIVABLE 11.90 1000-12590 LOAN RECEIVABLE 510418.09 1000-1299 2 AC°CTS RFC -. ITN TECH Cl.C7 1000-I21 8 Ic4T:P REP - E'11RR,1V 48Lr LOANS 2A09, 115.9 1090TIA11S INVENTORY - MATERIAL/ SUEPLY 0,0 1C000-1411.9 INVENTORY -- LAND E RC&CC D'NGS 843894085.50 1009.14 11 INVENTORY - BAYCOA BARMEN BLVI 0,00 11100-14=1.E0 PREPAID EXPENSES - NISEI C.00 1909-14410 DEFERRED C31CTFI,CWS 41330C0=CO 8,9850295,31. TOTAL ASSETS ,985,265.31 IAIADTLITTER 2000.20110 FEDERAL INCOME TALC PAYABLE C-CC1C 2DCC-2E11:1 MEDICARE PAYABLE ,UC 2007-20112 CHILD SULPC1C1 RAY?11I1E 0.00; 2000-20113 CREDIT UNION SAYABLE 0.00' 2000-90114 IRS ;11:0Y PAYABLE, 0.00 2 00-201 Y:S 11A ICCNNIDE DEFERRED CACt9P 000 2000-20116 HEALTH 11001 HAY-EMPLOYER ( C1.13) 2000-20117 LARD PAYABLE 0.00 2000-2C118 111TH IRA PAYABLE 0.00 2000-20119 WORKMAN c,4ciNE PAYABLE 0,00 2000-20120 FkC'A, PAYABLE 0,00 200 -20121 TEC PAYABLE 0.00 2000.20122 STUDENT LOAN LEVY PAYABLE 0.00 4009-2C11 ,3 ALIMONY PAYABLE 0.00 2000-201.24 BANKRUPTCY PAYABLE 9.90 2CCC1-2C125 'VALL E DE`rERREL1 LIMP 0.00 2000-29125 TCMA PAYABLE 0.90 2000-20127 INC. LEGAL.. SERVICES PAYABLE 0,00 2000-2t11301 FLEXIBLE SPENDING' ACCOUNT 798.32. 2900-201:81 FDWARD JONES DEFERRED CAINE 0.09 2000-29132 C14P CARE FLITS 11L00 2000-20151 ACCRUED WALES PAYABLE 9.90 2889-2I1180 ADLSIT EMPLOYEE ENSUE lAY 48.00 2000-901.C8 l-11'C PAYROLL PAYABLE 41.B IS—201G OP:SA AM CITY OF P211E" PAGE: BALANCE SHEET; AS 0F:; I C C RUAIC 72T'1I, PRIG I L Im1421,I S ECONOMIC BEVI C CORP ACC OGNT TITLE -------------- 20 0O 2020.1 ALA PENDINt. A,C1,14 L1�4 POGO—"202 C ACCOUNTS UN S PAYABLE 107,741.24 2000-E0530 PROPERTY TAPES PAYABLE 0.004 2040-205540 NOTES PAYABLE 4130,00CIa00 ^0SO—Rt7C41O DOS TO GENERAL FUND 0.00 RYOBB BAP..LD DEFER.RFL4 INFLOW 171,248=f CC1200 BASS'S D5E INFLOW LEASE PRINCIPAL Ai,, 0.0 7 A000-22280 DEFERRED INFLOW — LEASE. 121 0,01 2000-2291B 224111AL, DEPOSITS 3,I44TIk.0] TOT?tI. LTAB3.LIBI1 5: 7C10,192,30.: EQUITY 3000—;S4110 FUND. BALANCE - RESERVED. 0.00 SAGO—SI SS4? E'I NG BALANCE E—CINREES ARSRPRY.SLS 'R,1,1 ,7I4S.°a'1 TOTAL BEGINNING FOUST'S R,SBP,PICC.,S.4 ROTAS, REVENUE 6750133,87 TOTAL EXPENSES 1,1144,3'1A,,RP REVENUE OVER/C[1N0ER1 EXPENSES 1 443,4 4S.l2 4, TC1T,AI> EQUITY Cl 0G"RR/C1LND2R4 "R,T 4,4`C0.0`C TOTAL LIABILITIES, F'CQU1.'1'Y T ORER/CUNDLRC 90925,265„1 0 2915-2916 09:25) AM. CITY OF WYLIE PAGE: 1 BALANCE SHEET AS OF: FEBRUARY 26TH, 2018 077 1 11 N TONG TERM 4E02 (1211 DC ACCOMMTA TITLE ASSETS 1009-40492 SESAAWMPES ROPES 0.00 1000-1181I0 LOAN - W(9951 0.00 1000-1610 LOAN - BIRMINGHAM 1000-16810 AMOUNT 40 BB PROVIDED 0.00 1000-18220 BIRMINGHAM LOAN 9.00 1000-19050 DEF OUTFLOW - CONTRIBUTIONS 04,922.29 2900-19975 9EF OUTFLOW - INVESTMENT PRP 64(832.46 1000-19E00 DEP OUTFLOW - ACT SEFAAMMUMS 49225.76 I110SESS1SS (1'i11211)/1.0ss ON ASSUMPTION cum( 2)$S9:41) RAL642.14 TOTAL ASSETS 93(542.14 LIABILITIES 2°1°P20SIS C(PMPENSATSP ABSENCES SAYABLE 900 679.86 2000-20311 COMP ABSENCES PAYABLE-CURRENT 0.05 2000-11410 ACCRUED INTEREST PAYABLE 4(847.65 201.'1S-282°5 WESc LOANslcURRENT 6'72,737.'12 2000-28220 BIRMINGHAM 110AN 0.00 2000-28230 INWOOD LOAN 0.00 2000-28232 ANA LOAN/BOGS 0.00 2000-26233 BNB TWANYBEDDICORD WRITE 486,231.80 9000-26224 AMP LOANIRANOACE HUGHES 0.00 B000-26235 AMR LOAN 0.00 2000-28236 ANB, CoNsTRUCTION LOAN 0.00 2000-28237 AMU LOAN/ wOODBRIDGE PARKWAY 401,125.96 8900-2893K ANA LOAN/BUCHANAN 79,151.61 2090-26299 ANN 1OAN/OONES:602/AET PAKopp 95,009.40 2009-28240 HUGHES LOAN 9.00 2000-26245 ANN LOANADALLAS WHIRLPOOL 20000(900-00 2090-29247 TARPARE LOAN 255/722.59 2000-28250 CITY OF WYLIE LOAN 9.00 2A°A228260 PRIME HOTS LOAN 2000-18270 ROWLAND/ANDERS('N LOAN 0.09 2000926.280 CAPITAL ONK CARA)) LOAN 9.00 2000-29290 HOBART/COMMERCE TOWN 0.00 2009-25150 NET PENSION LIABILITY 188,812,17 PC8EAL LTABTLITIES 4,276,128.98 EQUITY 3000-34590 FUND DALANCE-UNRESPAV/UNDr.siG( 4,368,437.30) 3000-35900 UNREsTRICTED NET POSITION 1 114,969.00) TOTAL BEGINNING POULOS ( 4,483,406.39) TOTAL REVENUE. 0.09 TOTAL ENFMNBSS ( 2700919.46) 3-15-201B 09:25 AM CITY OF WYLIE PAGE: 2 BALANCE SHEET AS OF: FEBRUARY 28TH, 2018 922-GEN LONG TERM DEBT (WEDC) ACCOUNT# TITLE REVENUE OVER/(UNDER) EXPENSES • 27.,.__,919.46 �• 0,919.46 TOTAL EQUITY & OVER/(UNDER) ( 4,212,486.84) TOTAI. LIABILITIES, EQUITY & OVER/(UNDER) 63,642.14 3-1.5-201(3: 00:20 AM t.1Ty t1I WYLIE R: 1 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OE: F°EB UARY 2 ST1C, 2,15R 111- YLIR ECONOMIC DTt1Mt.:CORP . FINANCIAL SUMMARY CURRENT CURRENT PRIOR YEAR Y-T—T R-T-I) BUDGET S OF BUDGET PERIOD IL ADJUST. 'ACTUAL ENCUMBRANCE BETAKE WIDGET RI VFaNI.M „"d1Mmwt,*t".-,.Y' TAXES 2,831,414,00: 21E06E7,83 ,R 652,412.14 (LII.a 2)119,0E1,87 23,0,1 INTSANOWERNMENTAI. REV, 0„OD 0.40 0„00 0,00 0,00 0.00 13.i1 INTEREST IN1.1"J#^ME. 14d 55I.€IT..: 3`2 43:.:: 0...:,00 R.,111.14. 0,00,.: 8a341.14 40.1 MISCELLANEOUS US INCOME 1.6(16,021.1T I 2,3,830,00) 0.00 16,6105.113' 0.00 LF 583,41 .1a`3 1..033 (I(UI.R FINANt:INI. SOURCES. 0.031 0.OG 1,00 @.J1} {?.1Gb 1.1 1R £4 TETAI, REVENUES 4,452,451.88 252,21.0.25 0.00 615,133,84( 0.0 3, (I 1,318,21 15.16 Fs;(l END'41.1 F SUMt2..R5,. DEVELOPMENT CORP-((TOG 44850,259.00 460,800.34 0.00 1,I(R 319,49 59,9E8,31 3,680,911.14 24.25 1"('(Al EXPENDITURES 4,853,253.00 411 SSO0.14_-= 0.00 1,118,3E9,49 503368.37 306811.311.14 24.,25 RRVENI)P. C1V R/I11F1IFRM EXPENDITURES RES 1 4 11,B0"1, )I. 206,590.081 0.115 ( 443,245,621(; 59,958,37) L,40 0 1 123.10 3-15-2018 09:26 AM CITY OF WYLIE PAGE: 2 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: FEBRUARY 28TH, 2018 111-WYLIE ECONOMIC REVEL CORP REVENUES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE. BUDGET TAXES 4000-40150 REV IN LEIU OF TAXES 0.00 0.00 000 0.00 0.00 0.00 0.00 4000-40210 SALES TAX 2,831,474.00 275,667.83 0,00 652,412.13 0.00 2,179,061.87 23.04 TOTAL TAXES 2,831,474.00 275,667.83 0.00 652,412.13 0.00 2,179,061.87 23.04 INTERGOVERNMENTAL REV,. 4000 43518 380 ECONOMIC AGREEMENTS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL INTERGOVERNMENTAL REV. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 INTEREST INCOME 4000-46050 CERTICICATE OF DEPOSIT 0.00 0.00 0,00 0.00 0.00 0.00 0.00 4000-46110 ALLOCATED INTEREST EARNINGS 3,000.00 372.43 000 2,130.78 0.00 869.22 71.03 4000-46140 TEXPOOL INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-46143 LOGIC INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000-46150 INTEREST EARNINGS 2,502.66 0.00 0 00 886.49 0.00 1,616,17 35.42 4000-46160 LOAN REPAYMENT (PRINCIPAL) 9,455.22 0.00 000 3,099.47 0.00 6,355.75 32.78 4000-46210 BANK MONEY MARKET INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAI, INTEREST INCOME 14,957.88 372.43 0.00 6,116.74 0.00 8,841.14 40.89 MISCELLANEOUS INCOME 4000-48110 RENTAL INCOME 103,200.00 7,170.00 0,.00 47,605.00 0.00 55,595.00 46.13 4000-48310 RECOVERY - PRIOR YEAR EXPEN 0.00 0.00 0,00 0.00 0.00 0,00 0.00 4000-48410 MISCELLANEOUS INCOME 0.00 0.00 0,;00 0.00 0.00 000 0.00 4000-48430 GAIN/(LOSS) SALE OF CAP ASS 1,502.,820.00 ( 31,000.00) 0.00 ( 31,000.00) 0.00 1,533,820.00 2.06- . TOTAL MISCELLANEOUS INCOME 1,606,020.00 ( 23,830.00) 0.00 16,605.00 0.00 1,589,415.00 1.03 OTHER FINANCING SOURCES 4000 49160 TRANSFER FROM GENERAL FUND 0.00 0.00 0.00 0.00 0.00 0._00 0,00 4000-49325 BANK NOTE PROCEEDS 0.00 0:00 0.00 0.00 0,00 0;00 0„00 4000-49550 LEASE PRINCIPAL PAYMENTS (0 0.00 0,00 0,00 0.00 0,00 0,00 0,.00 4000-49600 INSURANCE RECOVERIES 0.00 0.00 0,..00 0.00 0.00 (100 0.00 TOTAL OTHER FINANCING SOURCES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES 4,452,451.88 252,210.26 0.00 675,133.87 0.00 3,777,318.01 15,16 3-15-2018 09 26 AM CITY OF WYLIE PAGE 3 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: FEBRUARY 28TH, 2018 111-WYLIE ECONOMIC BEVEL CORP DEVELOPMENT CORP-WEDC DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET I OF BUDGET PERIOD PO ADJUST, ACTUAL ENCUMBRANCE BALANCE BUDGET PERSONNEL SERVICES 5611-51110 SALARIES 284,473.00 21,833.46 0.00 104,321.13 0.00 180,151.87 36.67 5611-51130 OVERTIME 0.00 0.00 0.00 0.00 0.00 0.00 0.0C 5611-51140 LONGEVITY PAY 1,309.00 0.00 0.00 1,300.00 0.00 9.00 99.31 5611-51145 SICK LEAVE BUYBACK 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51160 CERTIFICATION INCENTIVE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51170 PARAMEDIC INCENTIVE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51210 CAR ALLOWANCE 12,600.00 969.26 0.00 4,638.60 0.00 7,961.40 36.61 5611-51220 PHONE ALLOWANCE 4,656.00 0.00 0.00 2,328.00 0.00 2,328.00 50.00 5611-51230 CLOTHING ALLOWANCE 0.00 0.00 0,00 0.00 0.00 0.00 0.00 5611-51260 MOVING ALLOWANCE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51310 TMRS 44,996.00 3,438.64 000 17,390.33 0,00 27,605.67 38.65 5611-51410 HOSPITAL & LIFE INSURANCE 36,671.00 3,149.96 0.00 15,763.00 0.00 20,908.00 42.98 5611-51415 EXECUTIVE HEALTH PLAN 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-51420 LONG-TERK DISABILITY 1,622.00 0.00 0.00 402.35 0.00 1,219.65 24.81 5611-51440 FICA 18,500.00 1,347.74 0.00 4,351.05 0.00 14,148.95 23.52 5611-51450 MEDICARE 4,327.00 315.18 0.00 1,530.83 0.00 2,796.17 35.38 5611-51470 WORKERS COMP PREMIUM 786.00 60.43 0,00 419.48 0.00 366.52 53.37 5611-51480 UNEMPLOYMENT COMP (TWC) 810.00 0.00 0,00 0.00 0.00 810.00 0.00 TOTAL PERSONNEL SERVICES 410,750.00 31,114.67 0.00 152,444.77 0.00 258,305.23 37.11 SUPPLIES 5611-52010 OFFICE SUPPLIES 16,140.00 5,500.85 0.00 5,693.60 0.00 10,446.40 35,28 5611-52040 POSTAGE & FREIGHT 980.00 49.00 0.00 126.40 0.00 853.60 12,90 5611-52130 TOOLS/ EQUIP (NON-CAPITAL) 0.00 0.00 0,00 0.00 0.00 0.00 0.00 5611-52810 FOOD SUPPLIES 2,250.00 82.10 0.00 1,003.58 0.00 1,246.42 44.60 5611-52990 OTHER 0.00 0.00 0,00 0,00 0.00 0 00 0 00 . . TOTAL SUPPLIES 19,370.00 5,631.95 0.00 6,823.58 0.00 12,546.42 35.23 MATERIALS FOR MAINTENANC 5611-54630 TOOLS & EQUIPMENT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-54810 COMPUTER HARD/SOFTWARE 3,000.00 0.00 0,00 987.50 0.00 2,012.50 32.92 5611-54990 OTHER 5,000.00 0.00 0.00 0.00 0,00 5,000.00 0.00 TOTAL MATERIALS FOR MAINTENANC 8,000.00 0.00 0.00 987.50 0.00 7,012.50 12.34 CONTRACTUAL SERVICES 5611-56030 INCENTIVES 987,069.00 191,666.67 0.00 345,382.50 30,000.00 611,686.50 38.03 5611-56040 SPECIAL SERVICES 276,276.00 153,815.94 0.00 168,629.93 29,968.37 77,677.70 71.88 5611-56080 ADVERTISING 146,355,00 300.00 0.00 16,424.00 0.00 129,931.00 11.22 5611-56090 COMMUNITY DEVELOPMENT 52,350,00 4,174.98 0.00 24,604.31 0.00 27,745.69 47.00 5611-56110 COMMUNICATIONS 9,936,00 509.47 0.00 2,381.99 0.00 7,554.01 23.97 5611-56180 RENTAL 29,323.00 2,145.98 0'" 14,471.98 0.00 14,856.02 49.35 5611-56210 TRAVEL & TRAINING 36,450.00 ( 165.04) 0.00 7,974.86 0.00 28,475.14 21.88 5611-56250 DUES & SUBSCRIPTIONS 29,596.00 1,001,00 0.00 17,793.72 0.00 11,804.28 60.12 5611-56310 INSURANCE 3,810,00 303.00 0.00 3,163.16 0.00 646.84 83.02 5611-56510 AUDIT & LEGAL SERVICES 33,000.00 5,667.50 0.00 16,439.13 0.00 16,560.87 49.82 5611-56570 ENGINEERING/ARCHITECTURAL 30,000,00 0.00 0.00 0.00 0.00 30,000.00 0.00 5611-56610 UTILITIES-ELECTRIC 4 900.00 548.79 0.00 1 365.70 0.00 3,534.30 27.87 TOTAL CONTRACTUAL SERVICES 1,639,072.00 360,268.29 0.00 618,631.28 59,968.37 960,472.35 41.40 3-15-2018 0926 AM CITY OF WYLIE PAGE: 4 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OE: FEBRUARY 28TH, 2018 111-WYLIE ECONOMIC DEVEL CORP DEVELOPMENT CORP-WEDC DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET o OF BUDGET PERIOD PO ADJUST. ACTUAL, ENCUMBRANCE BALANCE BUDGET DEBT SERVICE &-CAP. REPL 5611-57110 DEBT SERVICE 1,429,580.93 0.00 0.00 0.00 0„00 1,429,580.93 0,00 5611-57410 PRINCIPAL PAYMENT 441,231.52 50,287.16 0.00 270,938.66 0..00 170,292.86 61.41 5611-57415 INTEREST EXPENSE 139,023.55 13,498.27 0.00 68,553.70 0.00 70,469.85 49.31 5611-57710 BAD DEBT EXPENSE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL DEBT SERVICE & CAP. REPL 2,009,836.00 63,785.43 0,00 339,492.36 0.00 1,670,343.64 16.89 CAPITAL OUTLAY 5611-58110 LAND-PURCHASE PRICE 770,231.00- 0.00> 0.00 0.00 0. 00 770,231,00 0.00 5611-58120 DEVELOPMENT FEES 0.00 0.00 0.00 0.00 0.00 0.00 0.,00 5611-58150 LAND-BETTERMENTS 0.00 0.00 0.00 0.00 0,00 0,00 0.00 5611-58210 STREETS & ALLEYS 0.00 0.00 0.00 0.00 0.00 0.00 41,00 5611-58410 SANITARY SEWER 0.00 0.00 0.00 0.00 000 0.00 0„00 5611-58810 COMPUTER HARD/SOFTWARE 1,000.00 0.00 0.00 0.00 0.00 1,000.00 0.00 5611-58830 FURNITURE & FIXTURES 1,000.00 0.00 0.00 0.00 0.00 1,000.00 0.00 5611-58910 BUILDINGS 0,00 0.00 0.00 0.00 0,00 0.00 0„00 5611-58995 CONTRA CAPITAL OUTLAY 0.00 0.00.. 0.00 0.00 0.00 0.00 0®:.00 TOTAL CAPITAL OUTLAY 772,231.00 0.00.. 0.00 0.00 0.00 772,231.00 0.00 OTHER FINANCING (USES) 5611 59111 TRANSFER TO GENERAL FUND 0.00 0.00 0.08 0.00 0.00 0.00 0.00 5611-59190 TRANSFER TO THORUGHFARE IMP 0,_00 0.00 0.0,0 0.00 0.00 0,00 0.00 5611-59430 TRANSFER TO CAPITAL, PROD FU 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5611-59990 PROJECT ACCOUNTING 0.00 0.00 000 0.00 0_00 0.00 0.00 TOTAL, OTHER FINANCING (USES) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL DEVELOPMENT CORP-WEDC 4,859,259.00 460,800.34 0..00 1,118,379.49 59,968.37 3,680,911.14 24.25 TOTAL EXPENDITURES 4,859,259.00 460,800.34 0.00 1,118,379.49 59,968.37 3,680,911.14 24.25 REVENUE OVER (UNDER) EXPENDITURES ( 406,807.12) ( 208,590.08) 0.00 ( 443,245.62) ( 59,968.37) 96,406.87 123.70 *** END OF REPORT *** 2-16-2111.E 9139 .TM DETAIL L I S 1 N G': PAGE;: C FUND 1 111—WY11IE ECONOMIC DEVF.L CORE PERIOD TO 1112' Fe — 018 1111U 1011-2718 DEP*T 611 DEVELOPMENT CORP—9/E C ACCOUNTS: 5511 52010 T EO 5911-58 14 POST DATE, TRAM 1 REFERENCE P:t:10E1 55,656IN C"RIPTIO666569— %MOD ItiV/2E I' NOTE 9 ..5_AMOUN`15669 _- _8ALAAC1_.._-6 6613-5201(1 01M/G1 SUPPLIES 11 E 3, :1 51 N I.. F1 G,. BALANCE-. 142.76 2.a`97/18 2/02 A71591 E111. 09434E, S7822 SET IF 5 TABS 9100312 ,121385 WED. 120,00 312..75 2/021a16 /07 607561 iCIlK ' 711E4E 97822 SET C18 5 TABU 1197.,397 211386 EM9119 1,90 314.8 11/11I/18 2./32 Al"sas567 61314; 4I94927 9781,3 AERIAL MAPS 904399 141304 WEDo 5,220,00 5,834.65, 2I77/18 2/77 13E17593 C1211: 094546 11122 POST IT NOTES 009292 254.28 1E1ca 7,95 5,842,40 /11/19 2/09 A91"761:3 C11F.; 014645 4171122 12 BOOBS COIL ROUND 7191912 274.28 WEDC 51,07 5,54.3.67 _ET _..._ F10)311.3AARY ACTIVITY DII: 5,597.86 G:R 0.110 6,279.85 9611--520441 POSTAGE C. FREIGHT; BEGINNING BALANCE 77.40 2625118 2/25 A09925 CBE: 094956 98269 DELIVERY—UCH DEVELOPMENT 002144 00006902 KERC 49.00 125.47 55.5 5-...a, .-v 219130ARY ACTIVITY OR;. 49,00 9 E;: 0,00 4 a3.a19 5812::-5.2130 "dTOLE/ EQUIP (NON—CAPITAL) 8E1: 1 N 5I N +'I BALANCE 0,C1 5641--5E1331 TIDES! E"t111I' — 6100—S955.5 'I F: G :I E+N N I N G I9 A L A FI C: E 8 x 1 C1 2111,_528.1.0 FOOD SUPPLIES SESIODING 11 A a: AN 9. E 921,48 2/19/18 r/,t) AC8547 BET: 0005.34 98151 NIEI?C. BOARD MTo MEAL 9100912 6271 86918 BTOANT 910r21 2/11/18 2/19 A08540 111' 000934 98151 WINA MTH 000912 8221 BE 19 1cY91A1l`1'' 23,85 8E4.79. 2/ 9/18 2/19 A88640 111', 079 534 98151 MIT.'r8 EUPP-CUES 0000912 IL 77 FE€2,I8 NNYC;AN" 23 '75 987.8 2/21/18 2/19 A08540 CDF112 000534 98151 wnbc 13E311 MI'' MERL 000912; 8277 FF818 911C1AN'1° 15.77 1a773.58 FEBRUAEY ACTIVITY' 1114: 62.19 '/1' 0.09 62.10 5511-52990 OTHER BEGINNING 1 A L, NN t E 0.111:. 5931:a: 51834 TOOLS 1 UIFMENT P E 11 1 N FE 1:: N C, RA. LANcE` 0.00 m 3'/5-2018 o.mnm nor ^ ` n LzcTzm : pvco. z rmw . 1/1-wxuo ocvwoMzc oovoL CORP PEuzon zn USE. r"u- um rxu" Feb-zom ouzr . 611 oovELvpmowr omv-wsoc xccovwrx. sau-szozo ruu" v*u'svmo pnm DATE rRAm o ,oFERcwoo PACKET------DESCRIPTION rowv zm,/zo nu`o ^mvvwr---- ---=a^^mwcc~=~~ ------~---_-_____n__------_---~--_-----_---------_--_-=—="----_---------__-_-=-~-=~_--,-_-__-----_---_-_--___------_ 5611-51810 comrvrsm o^mo/norcw^mo B a o z w w z m s a v ^ a m c o 987,50 __-~--=-_~°-~~--_---_----__-_-'___--_-_--~_-~--___--_~_~~=_~_~-~_~~____~__~~_--__~-'__'~__~___~-_-~----_~__-~~~~-__~_--_-_- ^nz/-s«son vraom a r s z w w . n o " ^ L ^ o c u n�nn ___-=__-=~___-_---_^____-_---_.-----_~-~----------_--_-----____---_-----_---~----_~___--__-_-_-----___---___-_-_-_ s"1' `aosn zmoowrrvo^ o o n z m m z u n a ^ L ^ w c o 153'715�83 2/07/18 2/07 ^v,usv om. 0,4636 9,813 ^msv zmcumczno 1/1 004996 020118 /"csmr 1/1 100'000.00 253.715�83 ,/zp/zp 3/15 o60289 zvosr Jozo«ao °Eusn FopGz,omox; Jov 028430 91'666�67 3*5'382�50 Fsauoumx acr/vzrx oa; 191,666 o, CR. 0.00 191,666.67 ---------------------------------------------._-----------------------~~__~-~~__~~~^._~_-_-_~~_____-~___-_~~__--_~~____.__~ oozz-soo«n ,rocr^^ ;mavzcon a u G z w n z m c a n 1, A o o E 14'813.99 2/01/18 z/nz ^o,149 cax. nsos«^ "'°,, mnw °ooc rnueomr, 002723 9179 Woun 171.72 z*'vun�rz 2/01//8 z/o` ^o,`sv cao. 094541 9,62, o-eonmo^ux vvov novrpo nn^000 'oo^-v,, wuoc 900.00 15'865.71 ,/nz/zo z/v` ^07152 m^. 094544 o,^,, n-eu^So zxovIao/snoumxo no«y,z 1010 Wonc z'sno.ou 18'385�71 2/01/18 z/v, ^07551 cvn. 094635 97813 s^^ oommLz`zom ,mor 1 001026 zoeon 142'226�38 zv".am�vy 2/08/18 ,/n" ^0/656 rux. op^oa� ",nxo cLo^w-n, aw, /n vce wooc 00/320 vcrov^z«'z wovn vv, ,r /v'.,.s�o^ 2/09/18 z/nv A0782* cxu. 094,12 9`885 xuozuo onzL aaacLzmn nu^yyz 101/ z'zou,00 /m.«'`,o« 2/15/18 2/15 ^08310 rax. 094824 +uzo, poo` cmrmL'oax uz 000792 o/*oo wonc zvn�vo 162'515�84 z/,o/`o 2/16 ^noso` Cun. 094844 98113 605 COMMERCE-GUTTERS 004998 zmnoo^a /'znn�ou 163.715�84 2/19/18 ,/'o ^08540 orr. nonnzo yo`s/ w^rum ^zwo mvr,az^cS oovo'z 627, roozo wzx^wr `'syo,00 16,'413�84 2/23/18 2/23 ^non«» cun. 094951 98241 ^umzromz^L oom/zco-roa 002330 43093 157�50 167'57/.34 2/26/18 2/26 ^oyvo^ ran. 094987 yoz/s nzpax cz, »unc-rowCm aow 001026 18030 nouC ''uso�^y 168,629�93 coaan^nx ^nrzvzrr uo; 153'815�94 rm. 0.00 153'815�94 -____-------~___-_-_--_-~_~_-_-_~-_--___-~-~~~~____.-~_~__-_.___~_~_-___--_-_____-_-^__~-_~_~___--~_,-___~_~__=--~~-__~~__ ua`/-su000 ^ovovrzozmo a o u z m w z m o a u L u m c o /6'124�00 2/15/18 2/15 ^ooz,y cu^z uo^ncv 98091 wDMm ^nvooTzozmG 001078 315 xooc 3no orn ^sn�vn 16'274.00 ,/,n/,o z/zs ^oozvv cxm. no*mzn y0001 womu vrmopzz;zwu onzorn 324 wovc «ra orm ,sn ou 16.424�00 Fooavxx, ncczvzrx D.B. xnn no cm, 0.00 300�00 --___-___-==_--=--__---_---_--^-_----=-----~----~-~---_---_--_~__--~-_-_--_-----_-_~-----____-~---~-.~-_---_--_-__~_-____-_ soz/ 5ovyo coMMmwzr, oo*oLo,momT a E n z w m , m o a n L ^ m c o 20'429�33 2/0//18 u/v, aorvzv rax. vy«s^` 978e4 r^nro OF wxLzE arowaon onnso* 020618 wooc z'ono.on 21'429.33 3-15-2016 9 .39 AM DETAIL LISTING PAGE: 3 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Feb-2018 THRU Feb-2018 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAN # REFERENCE PACKET DESCRIPTION------- VEND INV/JE # NOTE -- AMOUNT-- ====BALANCE==== 2/07/16 2/07 A07623 CBE: 094652 97824 CHAMBER LUNCHEON JAN7 000468 8674 WEDC 105.00 21,534.33 2/07/10 2/07 A07621 CHKz 094648 97824 2018 FLAG PROGRAM 001420 020618 WEDC 3,000.00 24,534.33 2/26/18 2/26 A08920 CHK 094973 98259 REREAVEMENT-DUCCAR 000306 10716 WEDC 69.96 24,604.31 FEBRUARY ACTIVITY DR: 4,174.96 CR: 0.00 4,174.98 ----------------------------------------------------------------------------------_-__-_-_________-_________ _ ---- 5611-56110 COMMUNICATIONS BEGINNING BALANCE 1,872.52 2/15/18 2/15 A08314 CHK: 094829 90107 INTERNET WEDC JAN25-FE24 004568 2101577989 JA25-FE 218.03 2,090.55 2/15/18 2/15 A08348 CHK: 094843 98111 TABLET SERV-JAN18 WEDC 001797 9800693862 JAN18 113.97 2,204.52 2/19/18 2/19 A08515 DFT: 000534 98146 TELEPHONE SERVICE 000912 8277 FEB1 SATTERWH 177.47 2,381.99 ---- ---ee,-e,-- FEBRUARY ACTIVITY DR: 509.47 CR: 0,00 509.47 ________________________________________--------------------------------------------------------------------------- 5611-56180 RENTAL BEGINNING BALANCE 12,026.00 2/08/18 2/08 807660 CHK: 094660 97839 COPIER RENTAL 003509 102481 WEDC 195,96 12,221.98 2/23/18 2/23 A08858 CBE: 094953 98241 RENT - MARCH 2018 003231 021416 FEB18 2,250.00 14,471.98 FEBRUARY ACTIVITY DB: 2,145.98 CR: 0.00 2,415.98 5611-56210 TRAVEL g. TRAINING BEGINNING BALANCE 8,139.90 2/19/18 2/19 A08515 DFT: 000534 98146 BUS MTG-PRKR/HERZ 000912 8277 FEB1 SATTERWH 16.41 8,156.31 2/19/18 2/19 A08515 OFT: 000534 98146 BUS MTG-CB R. ELLIS 000912 8277 FEB1 SATTERWH 22,44 8,178.75 2/19/18 2/19 A08515 OCT: 000534 98146 BUS MTG-WAXLER 000912 8277 FEB1 SATTERWH 81.19 8,259.91 2/19/18 2/19 A08515 OFT 000534 98146 BUS MTC-GALLAGHER 000912 8277 FEB1 SATTERWH 24.09 8,264.03 2/19/18 2/19. A08515 OCT: 000534 98146 PRJ UP- YEAGER 000912 8277 FEBI SATTERWH 32.00 8,316.03 2/19/18 2/19 A08515 DFT: 000534 98146 BUS MTC-FINNELI 000912 8277 FE81 SATTERWH 46,91 8,362.94 2/19/18 2/19 A08515 OFT: 000534 98146 BUS MTG-DAN ROSS 000912 8277 FEBI SATTERWH 27.00 8,389.94 2/19/18 2/19 A08515 DFT: 000534 98146 BUS MTG-EDGE-3 000912 8277 FER1 SATTERWH 76,03 8,465.97 2/19/18 2/19 A08515 OFT: 000534 98146 CREDIT-SLS TAX REFUN 000912 8277 FEBI SATTERWH 520.34CR 7,945.63 2/19/18 2/19 A08478 DFT: 000534 98135 BUS MTG-PMRG PERKINS 000912 8277 FE816 GREINER 29.23 7,974.86 FEBRUARY ACTIVITY DB: 355,30 CR: 520.34CR 165.04CR ___-_--_--_________________---------------------------------------------------------------------------_______________-________ 5611-56220 PROFESSIONAL TRAINING BEGINNING BALANCE 0.00 --------------------------------------------------------------------------------------------_--_-------------_----_--__-_-_-___-_-_- 3-35-2018 9;39 AM DETAIL LISTING PAGE; 4 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE; Feb-2018 THRU Feb-2018 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAM # REFERENCE PACKET - DESCRIPTION -- VEND INV/JE # NOTE ---===AMOUNT==== ====BAIANCE--- 5611-56250 DUES & SUBSCRIPTIONS BEGINNING BALANCE 16,792,72 2/07/16 2/07 A07621 CHF: 094650 97824 SUBSCRIPTIONS 2YR-SS/JG 000391 0018450 WEDC-S.S. 61.00 16,853.72 2/07/18 2/07 A07622 CHIC; 094650 97824 SUBSCRIPTIONS 2YR-SS/JG 000391 0020509 WEDC-J.G. 61.00 16,914.72 2/15/18 2/15 A06281 CHK: 094820 98091 WDMA DUES 001078 849 WEDC 100.00 17,014.72 2/19/18 2/19 A08515 DFT: 000534 98146 CLUB CORP DUES 000912 8277 FEE1 SATTERWH 779.00 17,793.72 FEBRUARY ACTIVITY DB: 1,001.00 CR: 0.00 1,001.00 ---------------------------------------------------_____—___-_______________--------------_________-_________-_____-_________ 5611-56310 INSURANCE BEGINNING BALANCE 2,860.16 2/07/18 2/07 A07620 CHK; 094654 97824 BOND RENEWAL WEDC 000387 351 WEDC 303.00 3,163,16 FEBRUARY ACTIVITY DB: 303,00 CR: 0,00 303.00 --------------------------_________________----------------------------____---_-_----______________________--------------------_____ 5611-56510 AUDIT & LEGAL SERVICES BEGINNING BALANCE 10,771.63 2/15/18 2/15 A08319 CNN: 094830 98107 802 KIRBY ENVIRON 004947 32336 WEDC 2,520.00 13,291.63 2/26/18 2/26 208917 CHIC: 094963 98259 ATTY FEES-MCCLURE 000023 1 2793-0083M 1,632.50 14,924.13 2/26/18 2/26 A08918 CHK: 094963 98259 ATTY FEES-KREA 000023 4 2793-0068M 75 -00 15,679.13 2/26/18 2/26 A08919 CHK: 094963 98259 ATTY FEES-SCSD-FINNE 000023 4 2793-0081M 760.00 16,439.13 FEBRUARY ACTIVITY DB: 5,667.50 CR: 0.00 5,667.50 -------------_______________________------------------_—_-______________---------------------------- 5611-56570 ENGINEERING/ARCHITECTURAL BEGINNING BALANCE 0.00 --------------------------------------------------------------------------_-_______________-------------_-_____________________ 5611-56610 UTILITIES-ELECTRIC BEGINNING BALANCE 616.91 2/26/18 2/26 A08929 CHIC: 094969 98259 UTILITIES-ELEC WEDC 003302 122104001 DE4-JA5 91.74 908,6i 2/26/18 2/26 A08930 CHK: 094969 98259 UTILITIES-WATER WEDC 003302 122104001 DEC17 21.60 930.25 2/26/18 2/26 A08931 CHK: 094969 98259 UTILITIES-GAS WEDC 003302 3029287066 DE17-JA 43.63 2/28/18 2/28 A09082 CHK: 095007 98314 PEDDICORD - GAS JAN5-FEB 000246 3043148706 WEDC 391.82 1,36 .70 ,,,-----.; FEBRUARY ACTIVITY DB: 548.79 CR: 0.00 548.79 5611-57110 DEBT SERVICE BEGINNING BALANCE 0.00 3-1.5--201.8 9:39 AM DETAIL LISTING PAGE. 5 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Feb-2018 THRU Feb-2018 DEPT : 611 DEVELOPMENT CORD-WEDC ACCOUNTS: 5611-52010 THEM 5611-58910 POST DATE TRAN # REFERENCE PACKET ---- ----DESCRIPTION--------- VEND INV/JE # NOTE --AMOUNT-- ----BALANCE==-- 5611-57410 PRINCIPAL PAYMENT BEGINNING BALANCE 220,651.50 2/02/18 2/13 B59941 Bnk Dft 02.0218 16845 J.E28255 K&M PMT #29 JE# 028255 8,182.15 228,833.65 2/09/18 2/13 D59962 Bnk Dft 020918 16850 JE28276 PEDDICORD/WHITE PMT#38 JE# 028276 5,524.06 234,357.71 2/15/18 2/21 B60040 Bnk Dft 021518 16878 JE28311 WR PKWY PMT #42 JE# 028311 12,144.58 246,502.29 2/22/18 2/21 B60047 Bnk Ott 022218 16880 JE28318 BUCHANAN PMT #42 JE4 028318 6,907.75 253,410.04 2/22/18 2/21 B60048 Bnk Oft 022218 16880 JE28319 JARRARD PROPERTY #14 JE# 028319 2,063.08 255,493.12 2/23/18 2/21 860049 Bnk Oft 022318 16881 JF28320 EDGE PMT #20 JE# 028320 15,445.54 270,938.66 ---- FEBRUARY ACTIVITY DB: 50,287,16 CR: 0.00 50,287.16 5611-57415 INTEREST EXPENSE BEGINNING BALANCE 55,055.43 2/02/➢8 2/13 B59941 Rnk Oft 020218 16845 JE28255 K&M PMT #29 JE# 028255 563.10 55,618.53 2/09/18 2/13 B59962 Bnk Dft 020918 16850 JE28276 PEDDICORD/WHITE PMT438 JE# 028276 1,858.39 57,476.92 2/15/18 2/21 B60040 Bnk Dft 021518 16878 3E26311 WB PKWY PMT #42 JE# 028311 1,123,35 58,600.27 2/22/18 2/21 860047 Bnk Oft 022218 16880 JE28318 BUCHANAN PMT #42 JE0 '028318 424.20 59,024.47 2/22/18 2/21 860048 Bnk Oft 022218 16880 JE28319 JARRARD PROPERTY 414 JE# ',028319 1,026.07 60,050.54 2/22/18 2/27 B60102 Bnk Oft 022218 16902 JE28347 DALLAS WHIRLPOOL PMT15 JE# 028347 6,868.89 66,939.43 2/23/18 2/21 860049 Bnk Oft 022316 16881 JE28320 EDGE PMT #20 JE# 028320 1,614.27 68,553.70 FEBRUARY ACTIVITY DB: 13,498.27 CR: 0.00 13,498.27 5611-57710 BAD DEBT EXPENSE BEGINNING BALANCE 0.00 5611-58110 LAND-PURCHASE PRICE BEGINNING BALANCE 0.00 5611-58120 DEVELOPMENT FEES BEGINNING BALANCE 0.00 5611-58150 LAND-BETTERMENTS BEGINNING B AL A N C F. 0.00 5611-58210 STREETS d ALLEYS BEGINNING BALANCE 0.00 3-15-20/.6 R:39 NI DETAIL LTsTTNG PAGE: 6 FUND t ECONOMIC DEVEL CORP PERIOD TO C.P.E. Feb-2018 THRU Pei/-2018 DEPT 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRu 5611-58110 POST DATE TRAN 1 REFERENCE PACNETw ,,wm,,DRSCRIPTION .,,,,,.-.,--, VEND INV/JR 0 NOTE 5611-58410 SANITARY SEWER BPGINNING BALANcE 0 00 COMPUTER HARD/SOFTWARE BEGTNNINQ BALANCE 0,00 11 FURNITURE s FIXTU'RES BEGINNINC, BALANCE 0000 ----m--mm- m m m m-- ---------- -------------m- ------------ --------------------------------- 5611,- 8910 BUILDINGS 66GINN1600 BALANCE () 00 6 6 ERRORS IN THTS REPORT'i REPORT TOTALS, *. - DEBITS - - - CREDITS --- BEUTNN:NG BALANCES: 536,241105 0 .00 REPORTED ACTIV/TYI 430,206,01 520064CR ENDING BALANCES: 966,455.06 520„$4CR TOTAL FUND EADING BALANCE: 965,934.,12 Wylie Economic Development Corporation Balance Sheet Sub Ledger February 28, 2018 Notes Payable Date of Rate of Principal Purchase Payment Beginning Bal. Principal Interest Interest Balance February 1, 2018 4,058,113.10 ANBTX-88130976 WOODBRIDGE PKWY (#42 of 60) 8/15/14 13,267.93 500,272.63 12,144.58 1,123.35 2.61 488,128.05 ANBTX-88148481 BUCHANAN(#42 of 60) 8/13/14 7,331.95 135,025.27 6,907.75 424.20 3.77 128,117.52 ANBTX-88149711 PEDDICORD/WHITE(#38 OF 120 12/12/14 7,382.45 530,969.00 5,524.06 1,858.39 4.20 525,444.94 ANBTX-88158043 K&M/HOBART(#29 of 48) 9/2/15 8,745.25 168,930.38 8,182.15 563.10 4.00 160,748.23 ANBTX-88157334 LINDUFF/EDGE(#29 of 36) 10/21/15 17,059.81 449,298.18 15,445.54 1,614.27 4.25 433,852.64 ANBTX-88158357 DALLAS WHIRLPOOL(#15 of 60) 11/22/16 2,000,000.00 0.00 6,888.89 4.00 2,000,000.00 JARRARD GRAYS AUTO(#14 OF 120) 12/1/16 3,109.15 273,617.64 2,083.08 1,026.07 4.50 271,534.56 February 28, 2018 $50,287.16 $13,498.27 4,007,825.94 Wylie Economic Development Corporation Inventory Subledger February 28, 2018 Inventory- Land Date of Pur. Address Acreage Improvements Cast 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 Regency Regency Pk. 6/4/10 25 Steel Road 0.65 n/a 25,171 25,171 Commerce Hobart Investments 11/12/13 Commerce 1.60 n/a 156,820 Hobart 1/6/14 605 Commerce 1.07 396,263 20,000 386,380 Dallas Whirlpools 11/22/16 900-908 Kirby 4.79 2,182,080 2,725,280 Downtown Heath 3/17/14 104 N. Jackson 0.17 Demo 220,034 Udoh 2/12/14 109 Marble 0.17 n/a 70,330 Peddicord 12/12/14 108/110 Jackson 0.35 155,984 4,444 486,032 City Lot 12/12/14 100 W. Oak St 0.35 n/a Jones (K&M) 9/3/15 106 N. Birmingham 0.21 42,314 4,125 190,596 FBC Lot 6/15/16 111 N. Ballard St 0.20 n/a 150,964 McMillan 8/24/17 105 N. Jackson 0.26 n/a 89,482 1,207,438 Alanis White Property(Alanis) 12/12/14 Alanis 6.63 n/a 420,336 420,336 South Ballard Birmingham Trust 6/3/15 505-607 S. Ballard 1.12 Demo 409,390 409,390 Total 25.63 $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 Leasehold Subledger Tenant Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 ` Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 Helical Concepts 1st 2/27/17 3/22/17 4/27/17 5/25/17 6/23/17 7/25/17 8/25/17 9/26/17 10/25/17 11/27/17 1/6/18 1/25/18 2/28/18 Wheels Unlimited 15th 3/13/17 4/17/17 5/19/17 6/7/17 7/18/17 8/18/17 9/14/17 10/17/17 11/15/17 12/20/17 1/16/18 2/16/18 Trimark Catastrophe 15th 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 1/8/17 1/19/18 2/14/18 Dennis Richmond 1st 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 12/5/17 1/7/18 2/5/18 3/5/18 Austin/Said LLC 1st 4/13/17 5/12/17 6/16/17 7/11/17 8/21/17 8/29/17 10/23/17 11/8/17 12/14/17 1/12/18 2/20/28 3/13/18 Austin/Said LLC 1st 4/13/17 5/12/17 5/12/17 6/16/17 7/11/17 8/21/17 8/29/17j10/23/17 11/8/17 12/14/17 1/12/17 2/20/18 3/13/18 DCU 1st 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 11/27/17 12/27/17 2/1/18 3/1/18 Delta-E 1st 2/23/17 3/23/17 4/24/17 5/22/17 6/20/17 7/24/17i 8/29/17 9/26/17 10/30/17 12/1/17 12/29/17 2/1/18 2/26/18 (*)Austin/Said LLC-March 2017 payment for 605 Commerce waived due to environmental remediation,removal of slab section,and roll-off dumpsters impeding access. WEDC EXECUTIVE DIRECTOR J P MorganChase Expense Report January 2018 DATE PAYEE AMOUNT BUSINESS PURPOSE INDIVIDUAL/GROUPS PRESENT 01/09/18 Rosa's Cafe 16.41 Bus. Mtg Satterwhite, Parker, Herzog 01/10/18 Jimmy Johns 22.44 Bus. Mtg Satterwhite, CBR 12/06/17 Club Corp 24.09 Bus. Mtg Satterwh- ite, Gallagher 12/16/18 Club Corp 520.34 WEDC Invitational Event Sales Tax Reimbursement 12/20/17 Club Corp 81.19 Bus. Mtg Satterwhite, Waxier 12/31/17 Club Corp 779.00 Dues& Fees n/a 01/12/18 Frankie's 32.00 Proj. Update Satterwhite,Yeager 01/13/18 Maple& Motor 46.91 Bus. Mtg Satterwhite, Finnell 01/19/18 Frankie's 27.00 Bus. Mtg "Satterwhite, Ross 01/24/18 Rockfish 76.03_Bus. Mt. Satterwhite, Edge(3) 02/02/18 Ctracom 177.47 Telephone Service n/a TOTAL 762.20 WEDC Assistant Director JPMorgan Chase Expense Report January 2018 DATE VENDOR PURPOSE AMOUNT 12/29/17 Chiloso Business Mtg- BRE 29.23 Total 29.23 WEDC Senior Assistant JPMorgan Chase Expense Report January 2018 DATE VENDOR PURPOSE AMOUNT 1/16/18 Kroger WEDC Board Meeting Meal 18.73 1/17/18 McDonalds WEDC Board Meeting Meal 15.77 1/31/18 Fortiline-Dallas Water line materials 3,698 00 1/31/18 Donut Cravers WDMA Breakfast Mtg 23.85+ 2/3/18 Amazon Kitchen Supplies-Cups 23.75 Total 3,780.10 WYLIE ECONOMIC DEVELOPMENT CORPORATION SALES TAX REVENUE FOR THE MONTH OF MARCH 2018 MONTH WEDC WEDC WEDC DIFF % DIFF 2016 2017 2018 17 VS 18 17 VS 18 DECEMBER $166,418 $197,808 $184,849 -$12,959 -6.55% JANUARY 163,463 196,347 191,896 -4,452 -2.27% FEBRUARY 260,166 276,698 275,668 -1,030 -0.37% MARCH 167,082 191,648 182,852 -8,795 -4.59% APR I L 154,920 168,844 MAY 238,646 244,816 JUNE 180,194 191,732 JULY 212,620 223,571 AUGUST 268,976 261,573 SEPTEMBER 197,339 210,974 OCTOBER 201,506 195,549 NOVEMBER 270,426 267,816 Sub-Total $2,481,757 $2,627,376 $835,265 -$27,236 -3.16% AUDIT ADJ TOTAL $2,481,757 $2,627,376 $835,265 -$27,236 -3.16% WEDC SALES TAX ANALYSIS $300,000 , _ _ $250,000 E, $200,000 �, - $150,000 ----; : , ' 1 - $100,000 $50,000 cam m >a ca ca c > aa 'a-) U N 1] 2 Q y U a) a) a O 8 0 u) Z ylie cono ic I evelo s ent Cor s oratio E • - A • TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: 100 Oak Street—Peddicord Center DATE: March 15, 2018 Issue (Remove from Table) Consider and act upon issues surrounding the use of WEDC property located at 100 Oak Street. Analysis At the February 28th Board Meeting, staff presented that a local pastor of a church has interest in leasing the WEDC building located at 100 W. Oak Street. Following Board discussion, the item was tabled so that staff could identify how the location of a church at the Oak Street building might inadvertently impact businesses in Historic Downtown Wylie wanting to serve alcohol. The Texas Alcoholic Beverage Commission (TABC) has restrictions surrounding the location of new alcoholic beverage licenses and the City of Wylie has also adopted a similar ordinance. Any new establishment shall not be located closer than 300 feet to a church measured from front door to front door, and in direct lines across intersections. Staff has provided an attached aerial map showing these measurements and the potential impact it poses on surrounding businesses. After further investigation, staff does not believe that the TABC regulations will impact any businesses along Ballard Street. The 300' distance does not reach any business on Ballard Street which in staffs opinion would be the most likely location for a restaurant serving alcohol. The multi-tenant buildings on the south side of Oak between Jackson and Ballard could be impacted but staff does not believe it is likely that those locations would attract uses wanting to serve alcohol. It is possible that Angel's Ice Cream and Deli along with the proposed barbecue restaurant could be impacted but those locations are outside the 300' requirement. There are two remodeled homes on Jackson south of Oak that could be impacted but again, staff does not believe those locations would attract uses that want to serve alcohol. Hypothetically however, should a user approach the City that wants to undertake a significant redevelopment project and needs to serve alcohol, the WEDC may be faced with a decision as to whether to continue its lease. As a review, the original memo presented on 2-28-18 is attached for the Board's review. DC—Wylie Northeast March 15, 2018 Page 2 of 2 Recommendation Staff recommends that the WEDC Board of Directors authorize the Executive Director to develop a lease between the WEDC and Wylie Northeast Church for use of DC property located at 100 Oak Street. Attachments Aerials 2-28-18 Memo Exhibit A _ _ _ _ - - �4 - .� = =- _ _ tw kik INF - . yam ; =_ • Nth Polygon Cr* WON •XlIx61golv „. _ Measure the rist enue gets"aultsple port"cn Iht 9roUrrd Ce+�se 3k.76 Fat# , . Show Branco Pie ':Name Piall gm Exhibit A e r ..t= ;, z _- a-0_ - ` 1w _ -_° ari _< - _ ''''' I, 5 - 4=--' -- - - - = - -- "-_ - - __ ----_ _-_-=- - - - - -a ' It >s �.� � :.�£ 3 `�� Milli tit .,�'�� J "_ =u - -_-_-____ gyp- -, €rs r U 11.1ll tts== __ _ - - Line Path Polygon C de 33 path 3D polygon . _ f ate; Measure the distance between multiple points on the ground - _& Length: 300:40 Feet El Show Elevation Profile []Mouse Navigation Save gear 4z - '$ ylie co o ic I evelos ent Cor s oration - A U TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: 100 Oak Street—Peddicord Center DATE: February 23, 2018 Issue Consider and act upon issues surrounding the use of WEDC property located at 100 Oak Street. Analysis The WEDC has considered on at least two occasions the use of the Peddicord Center for commercial uses. Those opportunities were not acted upon due to cost and difficulties in developing a notice to vacate scenario should the entire 1-acre tract redevelop in a manner consistent with the mixed-use vision in place. Staff has become aware of a church, Wylie Northeast, that utilized a WISD facility for six years and is currently utilizing New Hope on Saturday evenings. Wylie Northeast stopped using WISD facilities due to a policy which discourages the same church have indefinite use of ISD buildings. By chance, staff was speaking to one of the leaders of Wylie Northeast and they were describing their declining membership since going to Saturday evening services and the potential for their use of the 100 Oak Street property was considered. Wylie Northeast is proposing renting the building for between $1,000 - $1,400 per month. The range is variable based upon the unknown amount for utilities which staff is researching now. Their primary use of the facility would be on Sunday's being that their 'model' is built around the use of members' homes for weekday study groups. While staff continues to research the issue, there is apparently no conflict with zoning and adequate parking is available. Wylie Northeast is aware that the building would be leased as-is and there would be no allowance for remodeling or on-going repairs. Further, Wylie Northeast would identify the WEDC as an additional insured on a $1 mm policy. Finally, Wylie Northeast is aware that any lease would include a 4-6 month 'notice to vacate' clause. Staff is in support of this proposal for the following reasons: • While the building will be torn down at some point in the future, staff is hesitant to do so based upon the slight chance there is some scenario that the facility could be part of the redevelopment plan; WEDC—Wylie Northeast February 23, 2018 Page 2 of 2 • Ass I g there is agreement on the above, the occupancy of the building reduces vandalism and ongoing deterioration; • The use should not disrupt weekly business activities for existing businesses and may enhance retail/restaurant sales on Sunday mornings; • The income is equal to approximately 24% of the annual debt service; and e The nomadic nature of the organization and their lack of need/desire for permanent facilities will lessen the conflict when required to vacate. Recommendation Staff recommends that the WEDC Board of Directors authorize the Executive Director to develop a lease between the WEDC and Wylie Northeast Church for use of WEDC property located at 100 Oak Street ylie cono ic P evelos e i t or ()ratio • II TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: First Amended Performance Agreement(DCU) DATE: March 14, 2018 Issue Consider and act upon approval of a First Amended Performance Agreement between DCU, Inc. and the WEDC. Analysis At the February 28th Board Meeting, the Board directed staff to process an amendment to the DCU Performance Agreement which would increase participation in the gas line improvements by $7,858 and shift a cumulative $25,000 from Incentive Payments No. 2 and 3 to Incentive Payment No lb. The attached Agreement reflects those changes. Another modification to the Agreement is being recommended within Incentive No. lb. Whereas WEDC was paying Company directly for gas line improvements, staff is recommending that WEDC pays contractor directly after receiving confirmation from Atmos that improvements are constructed to their specifications. This modification is being recommended to ensure that monies are being utilized for intended purpose. As an FYI, WEDC staff has confirmed that three bids were received for the gas line work and the contractor is on the Atmos qualified contractor list. Recommendation Staff recommends that the WEDC Board of Directors approve the attached First Amended Performance Agreement between DCU, Inc. and the WEDC Attachments Performance Agreement FIRST AMENDED PERFORMANCE AGREEMENT THIS FIRST AMENDED PERFORMANCE AGREEMENT (the "Amended Agreement"), is entered into and is effective as of the 28th day of February 2018 by and between WYLIE ECONOMIC DEVELOPMENT CORPORATION, a Texas economic development corporation ("WEDC"), and DCU, Inc., a Texas Corporation (the "Company"). WITNESSETH: WHEREAS, the WEDC executed a certain Performance Agreement between WEDC and Company (the "Agreement") on September 22, 2017 to facilitate the construction a 11,200-square foot manufacturing facility (the "Project"); and WHEREAS, WEDC and Company desire to modify and amend the Agreement in certain respects, as more particularly set forth in this Amended Agreement. NOW, THEREFORE, in an effort to address unforeseen circumstances surrounding the construction of the facility, the WEDC and Company covenant and agree as follows: 1. Defined Terms. Capitalized terms used but not defined in this Amended Agreement will have the meanings given to them in the Agreement. 2. Modification to Economic Assistance. Notwithstanding anything to the contrary in the Agreement, the Criteria to Qualify for Economic Assistance is amended as follows: I. Economic Assistance. Subject to the terms of this Agreement, the WEDC will provide economic assistance in an amount up to, but not to exceed, One Hundred Seven Thousand Eight Hundred Fifty-Eight Dollars ($107,858.00) (the "Economic Development Incentives"). The Economic Incentives will be paid according to the criteria set forth herein with the WEDC's obligation to pay the Economic Development Incentives terminating on August 31, 2020. Upon meeting the qualifications and requirements (the "Performance Requirements"), the Company shall be entitled to the following Economic Development Incentives: Economic Development Incentive Payment Schedule: Expected Cost/Value of WEDC Total WEDC Eligibility Year Incentive Project Incentive Incentive Expiration 2018 No. la $700,000 $31,534 $31,534 8-1-2018 2018 No. lb $1,200,000 $51,324 $82,858 8-1-2018 2019 No. 2 $1,200,000 $12,500 $95,358 8-1-2019 2020 No. 3 $1,200,000 $12,500 $107,858 8-1-2020 Page 1 of 5 W:\Board\2018\3-21-18\First Amendment-DCU,Inc-NEW-Full Requirements.doc II. Performance Requirements for Economic Development Incentive. a. Incentive No. la: An Economic Development Incentive, for the benefit of the Company, of Thirty-One Thousand Five Hundred Thirty-Four Dollars ($31,534) will be paid to the City of Wylie upon completion of the following Performance Requirements for Incentive No. 1 a: 1) Receipt of documentation by WEDC supporting Company's application to the City of Wylie for a Certificate of Occupancy supporting the construction of a 11,200-square foot facility located at 2774 Capital Street in Wylie and a letter from the City of Wylie Building Official indicating Company has complied with all requirements of said application, approval of said documentation at the sole and absolute discretion of the WEDC; and 2) Receipt of a 'Permit Fee Receipt' from the City of Wylie for development fees of not less than $31,534, approval of said documentation at the sole and absolute discretion of the WEDC; and a) Should development fees imposed by the City of Wylie exceed $31,534, Company shall pay 100% of the overage; and 3) Receipt of documentation by WEDC supporting a minimum construction cost of the project of Seven Hundred Thousand Dollars ($700,000) as evidenced by paid invoices supporting the minimum cost, approval of said documentation at the sole and absolute discretion of the WEDC; and 4) Receipt of documentation by WEDC supporting an executed contract of not less than $39,885, with improvements completed by August 1, 2018, to extend a gas line approximately 725 feet to the easternmost property line of the lot located at 2774 Capital Street in Wylie, approval of said documentation at the sole and absolute discretion of the WEDC; and 5) Company is current on all ad valorem taxes and other property taxes due on the Facility by January 31 of the year after they are assessed and provide written notice and evidence of such payment to WEDC in a form satisfactory to WEDC; and 6) Eligibility expiration for the Company to qualify for this Incentive No. la is August 1, 2018. b. Incentive No. lb: An Economic Development Incentive of Nineteen Thousand Three Hundred Eleven Dollars ($19,311) will be paid to Company and Thirty-Two Thousand Thirteen Dollars ($32,013) will be payable directly to Company's utility contractor for the benefit of Company. The total Incentive for No. lb shall not exceed Fifty- Page 2 of 5 W:\Board\2018\3-21-I 8\First Amendment-DCU,Inc-NEW-Full Requirements.doe One Thousand Three Hundred Twenty-Four Dollars ($51,324) and will be paid upon completion of the following Performance Requirements for Incentive No. lb: 1) Receipt of documentation by WEDC of a Certificate of Occupancy for an eleven thousand two hundred (11,200) square foot industrial building issued by the City of Wylie, approval of said documentation at the sole and absolute discretion of the WEDC; and 2) Receipt of documentation by WEDC supporting the construction of a gas line to the easternmost property line of the lot located at 2774 Capital Street in Wylie at a cost of not less than Thirty-Nine Thousand Eight Hundred Eighty- Five Dollars ($39,885); 3) A letter from Atmos Energy asserting that the improvements referenced in Section II b (2) have been designed and installed to Atmos Standards, accepted by Atmos and determined to be complete, and are available to Company and other potential customers for their use, approval of said documentation at the sole and absolute discretion of the WEDC; and 4) Eligibility expiration for the Company to qualify for this Incentive No. lb is August 1, 2018. c. Incentive No. 2: An Economic Development Incentive of Twelve Thousand Five Hundred Dollars ($12,500) will be paid to Company upon completion of the following Performance Requirements for Incentive No. 2: 1) Receipt of documentation by WEDC supporting a minimum valuation of One Million Two Hundred Thousand Dollars ($1,200,000) for real and personal property located at 2774 Capital Street in Wylie, Texas as evidenced by a certified appraisal issued by the Collin County Central Appraisal District, approval of said documentation at the sole and absolute discretion of the WEDC; and 2) Company is current on all ad valorem taxes and other property taxes due on the Facility by January 31 of the year after they are assessed and provide written notice and evidence of such payment to WEDC in a form satisfactory to WEDC; and 3) Receipt of documentation by WEDC evidencing the ongoing operations of DCU, Inc. at 2774 Capital Street, Wylie, Texas, approval of said documentation at the sole and absolute discretion of the WEDC; and 4) Eligibility expiration for the Company to qualify for this Incentive No. 2 is August 1, 2019. Page 3 of 5 WABoard\2018\3-21-I 8\First Amendment-DCU,Inc-NEW-Full Requirements.doc d. Incentive No. 3: An Economic Development Incentive of Twelve Thousand Five Hundred Dollars ($12,500) will be paid to Company upon completion of the following Performance Requirements for Incentive No. 3: 1) Receipt of documentation by WEDC supporting a minimum valuation of One Million Two Hundred Thousand Dollars ($1,200,000) for real and personal property located at 2774 Capital Street in Wylie, Texas as evidenced by a certified appraisal issued by the Collin County Central Appraisal District, approval of said documentation at the sole and absolute discretion of the WEDC; and 2) Company is current on all ad valorem taxes and other property taxes due on the Facility by January 31 of the year after they are assessed and provide written notice and evidence of such payment to WEDC in a form satisfactory to WEDC; and 2) Receipt of documentation by WEDC evidencing the ongoing operations of DCU, Inc. at 2774 Capital Street, Wylie, Texas, approval of said documentation at the sole and absolute discretion of the WEDC; and 4) Eligibility expiration for the Company to qualify for this Incentive No. 3 is August 1, 2020. 3. Ratification. As expressly modified by this First Amended Agreement, the Amended Agreement is hereby ratified and confirmed by WEDC and Company. 4. Counterparts; Transmission. This Amended Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which shall constitute one and the same agreement. Transmission of an executed signature page of this Amended Agreement by email will be effective to create a binding agreement. [Signatures appear on next page] Page 4 of 5 W:\Board\2018\3-21-18\First Amendment-DCU,Inc-NEW-Full Requirements.doc IN WI SS REOF, the parties hereto have executed this ended Agreement the day and year first above written. WEDC: Wylie Economic Development Corporation, a Texas Corporation By: Name: Title: COPNY: DCLI, Inc.,a Texas Corporation By: Name: Title: Page 5 of 5 W:\Board\2O183-2148First Amendment-DCU,Inc-NEW-Full Requirements.doc ylie cono ic 1 evelo s e t Cor s oratio E • • TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: SCSD-Finnell. Ltd. DATE: March 14, 2018 Issue Consider and act upon issues surrounding a Purchase and Sale Agreement between the WEDC and SCSD-Finnell, Ltd. Analysis Finnell has submitted to staff the attached exterior elevation for WEDC Board input and approval. The second attachment is a street view photo of the of the same elevation as presented. The Board will note that the southeast side of the building is higher than the southwest side and was presented as such to provide variation of elevation. Staff has already conveyed to Finnell that the Board may want consistency in elevation which Finnell was glad to change at the Board's request. Recommendation Staff recommends that the WEDC Board of Directors approve the exterior elevations as amended for the multi-tenant being constructed on WEDC property by SCSD-Finnell, Ltd. Attachments Color Elevation Street View Photo MKT PR' TORY APPROVAL, RIM P FYI.ONLY. VT '14 APCHTECT RECISTRATION NO.1707 0'47 - 74F-z, 5:11t - - ktjr4 - --= - - =•= f 4 hrit i :11-W111:11-iii14111 - Wilkii.t1M0 2 _! - - Ci*"" _ wyk ZOAC — -- -- - - - - _ - Ii1SCSD-FinnaL LTD „. twin elevation Shell Building D,eat an toci,„!, - OA, - ,— trq$11-: - -- - a • _ , - - -- - , ;11714 _ A2 Exterior Elev's ,� `:"n ,,,'t.^"' ,," t;l, ow' ty;'E " ay; ti :''''.,w' 11:1'1, bM, v i, fi , W" tt I "'^{aril x'n'� ti.,i� e,r u'% \;,', e j st�zi1,,, i I N'k,�� ,a tY „ "RNV' S 'u sA� kS Ilr�w mi 'hill • • • x ,,,. t, Jill, a °T iiiiiiii "4'M,;,.''',rv'1 "S` 't. �Alli n� Y"its L''i 'IhlNouii,,a th''i' '�f§�R+d IAp' 9MTJ ; 1 ^'' ti�,,te",,,, z. ' ii ,. .% �p� f , it xM i. i{i't, n F 'HIV Ili im,aouA,1(i .r`'i(`9` i MIniiiiy„ x��r :fM <'d,�l i:I ku, yMA y dlW0'''A„��nld a.. irh'�' t. .'i x ,,, ,,; ,,Z Ml nuuvi' Y,,i :,;, ,,."^Sz\ ��m a ......��wuo�^' „•'` 'iy 'ktt",, i' , S�iMY'IV'R. � '' it„ k,l, a 8'; ' err;.r^C„lik41 �',�a'14;11.:4;;tt.'!‘!!"4:::!1::::!,s.'4,::::1,t1„,:t!t„Nr\"\,4::„*:irtif!itiv„11,, a,vI ,', x t �„1 o..,� ;` ,.,, all :N �,;� a",R i; \\ _, a\', 'a' irsir fi`a',.'i`i.`';Yi>}' ,4 i' �*L�`'�,,yyliil'�t 5` ' ai,"'t"t4 'vfA i� , ter 'h^,',, 4, V ," 'a d 15,i:,' ,Vu( v°G r a u'i z ir..' fi ,, L'ti {, I, h. gb, ylie cono is I evelo s e t or s oratio E • • A I TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: Staff Report DATE: March 13, 2018 Issue Staff report: review issues surrounding WEDC Performance Agreement Summary, Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway Property, Trout, WEDC Promotional Activities, and regional housing starts. Analysis As a reminder to Board members, the Board may not discuss an item which is not specifically identified on the agenda. Only those items listed above can be discussed. Should any Board member desire that an issue be placed on the agenda at any time prior to a Board meeting, WEDC President or staff can be contacted, or a request can be made during Discussion Item XII. WEDC Performance Agreement Summary Attached for the Board's review is a summary of all outstanding Performance Agreements including: B&B Theatres Operating Company, Clark Street Development, DANK Real Estate, DCU, Exco Extrusion Dies, Getset, MIKTEN, REVA Hospitality,Ronald P. and Carole A. Trout, SAF Holland, 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 February 2018 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. $4,853,027.43 in reimbursement has been earned through February 2018 with net receipts of $4,123,171.88 after reimbursements. As well, it is estimated that $4.7 mm has been paid in ad WEDC- Staff Report March 13, 2018 Page 2 of 3 valorem taxes to the City of Wylie (excluding the WISD) for a total of$8.7 mm in tax revenue, net of reimbursements, since October 2009. As shown on the Sales Tax Reimbursement Report, $217,802.33 was generated in sales tax in December 2017 versus $184,818.23 in December 2016. This represents a 17.85% increase over 2016 receipts. Woodbridge Centre Within the Kroger-anchored center, $92,633.05 in sales tax was generated in December 2017 with $23,158.26 subject to reimbursement. December 2017 sales represents a 16%increase over 2016. Pet Supplies Plus and Credit Union of Texas have both broken ground with construction under way. Environmental Activity Summary Attached for the Board's review is a spreadsheet tracking all open activities with W&M Environmental. Hwy 78 WEDC Pad Sites The WEDC is under contract with SCSD-Finnell, Ltd. for the sale of 11.54 acres for the development of a 10,000-square foot multi-tenant building with approximately 6,000 square feet anticipated in 'restaurant' space. Schlotzsky's is the only confirmed tenant that the WEDC is aware of with Finnell to begin pre-leasing the property. An approximate 1.5-acre tract will remain between CFA and Finnell which is being actively marketed by EDGE Realty. 544 Gateway Property The TCEQ has received the signed affidavit package confirming that all requested work associated with the VCP has been completed. A Certificate of Completion has been received and filed with the County, and evidence of filing sent to TCEQ. Monitoring wells are scheduled to be plugged. To address groundwater issues on the adjacent City property, W&M has now begun processing another application to the TCEQ via the Voluntary Cleanup Program which will require the use of a Municipal Setting Designation. WEDC Promotional Activity Included in your packet is the report on usage of Mavericks tickets. Regional Housing Starts Fifty-four homes were permitted in Wylie for the month of February 2018. Sachse, Lavon, Murphy permitted a combined twenty-two with data for Inspiration unavailable at this time. No action is requested by staff for this item. WEDC- Staff Report March 13, 2018 Page 3 of 3 Attachments Performance Agreement Summary W&M Activity Report Promotional Activity Log Regional Housing Permits V Woodbridge Crossing Sales Tax Reimbursement Report Filing AJ|onoUnn City of 4B VVEOC Applicable VVEDC city Total ^Period Period Wylie (1Y6) (0_596) (0.5Y6) Total Rete(Y6) Reimbursement Reimbursement Reimbursement Oct-89 Oeo-DB $17.612.55 $8.808.27 $8.806.27 $35.225.09 0.85 7.485.33 $14.970.86 $22.455.98 Nov-09 Jan-10 21.995.30 10.997.85 10.907.65 43.990.80 0.85 9.348.00 18.680.01 28.044.01 Dec-OS Feb-10 40.289.26 20.144.63 20.144.63 80.578.52 0.85 17^132.94 34.245.8751,368.81 ' Sub-Total 159,79421 33,95627 07,912.54 '101^86881 Jon-10 K8ap10 18.017.96 8.008.98 8.008.98 32.035.92 0.85 6.807.63 13.615.27 20.422.90 Feb-10 ApF10 18.302.59 9.196.39 9.196.29 38.785.17 0.85 7.816.85 15.63370 23.450.55 K4ar-10 yWay-10 24.383.07 12.191.03 12.191.03 48.764.13 0.85 10^362.38 2O�247G Sub-Total fi�58�22 ' 24986.86 l4Q.07r2' 58 Apr-10 Jun-10 16.981.53 8.495.78 8.485.76 33.903.05 0.85 7.221.40 14.442.80 21.664.19 K8ay-10 Ju|-10 19.588.24 9.794.12 9.794.12 39.178.48 0.85 8.325.00 16.650.00 24.875.01 Jun-10 Aug-10 24.662.04 12.331.32 12.331.32 40.325.28 0.85 ' 10,481.6220,963.24 ` 31,444.87 Sub-Total 122,484.81 26[02/IO2 52,056.04 78,08407 Ju|-10 Sep-10 18.344.50 8.172.28 9.172.28 30.689.12 0.85 7.786.44 15.592.88 23.389.31 \ Aug-10 [)ct-10 20.401.73 10.200.87 10.300.87 40.803.40 0.85 8.670.74 17.341.47 26.012.21 Sep-1 0 Nov-10 22.301.33 11.160.61 11.150.61 44,602.43 O�85 9,478.02 18,858.03 28.434.05 Sub-Total 122,095.01 ' 2|�84�Y8 � 5Y'BB{\38 � 77,835.57' Odt-10 Deo-10 18.800.19 9.400.10 9.400.10 37.600.38 0.85 7.980.08 15.980.16 23.870.34 Nov-10 Jan-11 25.735.09 12.867.54 12.867.54 51.47b.17 0.85 10.837.41 21.874.82 32.813.23 Oeo-10 Fab-11 42.068.92 21.334.46 21.334.40 85.337.83 0.85 18.134.29 36.268.58 54.402.87 AuditAdjust. Oct-10 5.08571 2.533.88 2.532.88 10.131.42 0.85 , ~ 2,152.83,~.,^.. ^4.305.86 8.45878 Sub-Total 184,539.80 39.214`71 78,429.42 117,044.12 Jan-11 Mar-11 18.295.33 9.147.66 9.14768 36.580.65 0.85 7.775.51 15.551.03 23.328.54 Feb-11 Apr-11 25.185.02 12.592.51 12.502.51 50.370.04 0.85 10.703.63 21.407.27 32.110.80 Mar-11 May-11 39.822.31 18.811.15 19.811.15 .61 0.85 _ 16.924.48 33.848.96 ' 50,773.44 Sub-Total 166,00530 35,40303 70,807.25 106[210.88 Apr-11 Jun-11 33.456.40 16.738.25 16.728.25 66.913.98 0.85 14.219.01 28.438.02 42.657.02 Woodbridge Crossing Sales Tax Reimbursement Report Page 2 Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie(1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement May-11 Jul-11 50,192.64 25,096.32 25,096.32 100,385.28 0.85 21,331.87 42,663.74 63,995.62 Jun-11 Aug-11 43,639.11 21,819.56 21,819.56 87,278.22 0.85 18,546.62 37,093.24 55,639.87 Sub-Total 254,576.48` 54,097.50 108,195.00 162,292.51 Jul-11 Sep-11 31,551.34 15,775.67 15,775.67 63,102.67 0.85 13,409.32 26,818.63 40,227.95 Aug-11 Oct-11 32,798.19 16,399.09 16,399.09 65,596.37 0.85 13,939.23 27,878.46 41,817.69 Sep-11 Nov-11 36,136.64 18,068.32 18,068.32 72,273.27 0.85 15,358.07 30,716.14 46,074.21 Sub-Total 200,972.31 42,706.62 85,413.23 128,119.85 Oct-11 Dec-11 31,701.68 15,850.84 15,850.84 63,403.35 0.85 13,473.21 26,946.42 40,419.64 Nov-11 Jan-12 40,631.94 20,315.97 20,315.97 81,263.88 0.85 17,268.57 34,537.15 51,805.72 Dec-11 Feb-12 66,403.17 33,201.59 33,201.59 132,806.34 0.85 28,221.35 56,442.69 84,664.04 Sub-Total 277,473.57 58,963.13 117,926.27 176,889.40 Jan-12 Mar-12 28,180.49 14,090.24 14,090.24 56,360.97 0.85 11,976.71 23,953.41 35,930.12 Feb-12 Apr-12 32,824.36 16,412.18 16,412.18 65,648.71 0.85 13,950.35 27,900.70 41,851.05 Mar-12 May-12 42,213.75 21,106.88 21,106.88 84,427.50 0.85 17,940.84 35,881.69 53,822.53 Sub-Total 206,437.18 43,867.90 87,735.80 131,603.70 Apr-12 Jun-12 33,749.69 16,874.85 16,874.85 67,499.38 0.85 14,343.62 28,687.24 43,030.85 May-12 Jul-12 35,756.08 17,878.04 17,878.04 71,512.15 0.85 15,196.33 30,392.66 45,589.00 Jun-12 Aug-12 43,423.09 21,711.55 21,711.55 86,846.18 0.85 18,454.81 36,909.63 55,364.44 Sub-Total 225,857.71 47,994.76 95,989.53 143,984.29 Jul-12 Sep-12 32,945.51 16,472.76 16,472.76 65,891.02 0.85 14,001.84 28,003.68 42,005.53 Aug-12 Oct-12 33,981.49 16,990.74 16,990.74 67,962.97 0.85 14,442.13 28,884.26 43,326.39 Sep-12 Nov-12 39,669.19 19,834.60 19,834.60 79,338.38 0.85 16,859.41 33,718.81 50,578.22 Sub-Total 213,192.37 45,303.38 90,606.76 135,910.14 Oct-12 Dec-12 61,352.09 30,676.05 30,676.05 122,704.18 0.85 26,074.64 52,149.28 78,223.91 Nov-12 Jan-13 13,760.37 6,880.18 6,880.18 27,520.73 0.85 5,848.16 11,696.31 17,544.47 Dec-12 Feb-13 68,951.35 34,475.67 34,475.67 137,902.69 0.85 29,304.32 58,608.64 87,912.96 Sub-Total 288,127.60 61,227.11 122,454.23 183,681.35 Jan-13 Mar-13 37,264.78 18,632.39 18,632.39 74,529.55 0.85 15,837.53 31,675.06 47,512.59 Woodbridge Crossing Sales Tax Reimbursement Report Page 3 Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie(1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement Feb-13 Apr-13 32,499.58 16,249.79 16,249.79 64,999.15 0.85 13,812.32 27,624.64 41,436.96 Mar-13 May-13 42,416.25 21,208.13 21,208.13 84,832.50 0.85 18,026.91 36,053.81 54,080.72 Sub-Total 224,361.20 47,676.76 95,353.51 143,030.27 Apr-13 Jun-13 31,950.38 15,975.19 15,975.19 63,900.76 0.85 13,578.91 27,157.82 40,736.73 May-13 Jul-13 35,623.93 17,811.97 17,811.97 71,247.86 0.85 15,140.17 30,280.34 45,420.51 Jun-13 Aug-13 44,805.27 22,402.63 22,402.63 89,610.53 0.85 19,042.24 38,084.48 57,126.71 Sub-Total 224,759.15 47,761.32 95,522.64 143,283.96 Jul-13 Sep-13 30,171.94 15,085.97 15,085.97 60,343.87 0.85 12,823.07 25,646.14 38,469.22 Aug-13 Oct-13 31,615.59 15,807.80 15,807.80 63,231.18 0.85 13,436.63 26,873.25 40,309.88 Sep-13 Nov-13 34,215.75 17,107.88 17,107.88 68,431.50 0.85 14,541.69 29,083.39 43,625.08 Sub-Total 192,006.55 40,801.39 81,602.78 122,404.18 Oct-13 Dec-13 30,192.68 15,096.34 15,096.34 60,385.36 0.65 9,812.62 19,625.24 29,437.86 Nov-13 Jan-14 40,059.94 20,029.97 20,029.97 80,119.87 0.65 13,019.48 26,038.96 39,058.44 Dec-13 Feb-14 60,106.82 30,053.41 30,053.41 120,213.63 0.65 19,534.71 39,069.43 58,604.14 Sub-Total 260,718.86 42,366.81 84,733.63 127,100.44 Jan-14 Mar-14 34,887.18 17,443.59 17,443.59 69,774.35 0.65 11,338.33 22,676.66 34,015.00 Feb-14 Apr-14 39,550.17 19,775.09 19,775.09 79,100.34 0.65 12,853.81 25,707.61 38,561.42 Mar-14 *May-14 50,095.00 25,047.50 25,047.50 100,190.00 0.65 16,280.88 32,561.75 48,842.63 Sub-Total 249,064.69 40,473.01 80,946.02 121,419.04 Apr-14 Jun-14 42,836.52 21,418.26 21,418.26 85,673.03 0.65 13,921.87 27,843.73 41,765.60 May-14 Jul-14 44,483.44 22,241.72 22,241.72 88,966.88 0.65 14,457.12 28,914.24 43,371.35 Jun-14 Aug-14 54,191.06 27,095.53 27,095.53 108,382.12 0.65 17,612.09 35,224.19 52,836.28 Sub-Total 283,022.03 45,991.08 91,982.16 137,973.24 Jul-14 Sep-14 41,601.13 20,800.56 20,800.56 83,202.25 0.65 13,520.37 27,040.73 40,561.10 Aug-14 Oct-14 46,838.76 23,419.38 23,419.38 93,677.52 0.65 15,222.60 30,445.19 45,667.79 Sep-14 Nov-14 58,574.10 29,287.05 29,287.05 117,148.19 0.65 19,036.58 38,073.16 57,109.74 Sub-Total 294,027.96 47,779.54 95,559.09 143,338.63 Oct-14 Dec-14 46,397.97 23,198.98 23,198.98 92,795.93 0.65 15,079.34 30,158.68 45,238.02 Woodbridge Crossing Sales Tax Reimbursement Report Page 4 Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement Nov-14 Jan-15 62,438.87 31,219.43 31,219.43 124,877.73 0.65 20,292.63 40,585.26 60,877.89 Dec-14 Feb-15 93,019.09 46,509.54 46,509.54 186,038.17 0.65 30,231.20 60,462.41 90,693.61 Sub-Total 403,711.83 65,603.17 131,206.34 196,809.52 Jan-15 Mar-15 42,919.35 21,459.67 21,459.67 85,838.69 0.65 13,948.79 27,897.57 41,846.36 Feb-15 Apr-15 44,299.71 22,149.86 22,149.86 88,599.42 0.65 14,397.41 28,794.81 43,192.22 Mar-15 May-15 61,991.88 30,995.94 30,995.94 123,983.76 0.65 20,147.36 40,294.72 60,442.08 Sub-Total 298,421.87 48,493.55 96,987.11 145,480.66 Apr-15 Jun-15 47,156.82 23,578.41 23,578.41 94,313.63 0.65 15,325.96 30,651.93 45,977.89 May-15 Jul-15 51,820.00 25,910.00 25,910.00 103,639.99 0.65 16,841.50 33,683.00 50,524.50 Jun-15 Aug-15 63,530.67 31,765.34 31,765.34 127,061.34 0.65 20,647.47 41,294.94 61,942.40 Sub-Total 325,014.96 52,814.93 105,629.86 158,444.79 Jul-15 Sep-15 49,814.04 24,907.02 24,907.02 99,628.08 0.65 16,189.56 32,379.13 48,568.69 Aug-15 Oct-15 52,333.38 26,166.69 26,166.69 104,666.76 0.65 17,008.35 34,016.70 51,025.05 Sep-15 Nov-15 54,260.52 27,130.26 27,130.26 108,521.03 0.65 17,634.67 35,269.33 52,904.00 312,815.87 50,832.58 101,665.16 152,497.74 Oct-15 Dec-15 48,763.81 24,381.90 24,381.90 97,527.61 0.65 15,848.24 31,696.47 47,544.71 Nov-15 Jan-16 63,303.62 31,651.81 31,651.81 126,607.23 0.65 20,573.67 41,147.35 61,721.02 Dec-15 Feb-16 99,187.99 49,594.00 49,594.00 198,375.98 0.65 32,236.10 64,472.19 96,708.29 422,510.82 68,658.01 137,316.02 205,974.02 Jan-16 Mar-16 49,991.19 24,995.59 24,995.59 99,982.37 0.65 16,247.14 32,494.27 48,741.41 Feb-16 Apr-16 42,000.94 21,000.47 21,000.47 84,001.87 0.65 13,650.30 27,300.61 40,950.91 Mar-16 May-16 63,385.72 31,692.86 31,692.86 126,771.44 0.65 20,600.36 41,200.72 61,801.08 310,755.68 50,497.80 100,995.60 151,493.39 Apr-16 Jun-16 50,205.20 25,102.60 25,102.60 100,410.40 0.65 16,316.69 32,633.38 48,950.07 May-16 Jul-16 55,183.98 27,591.99 27,591.99 110,367.95 0.65 17,934.79 35,869.58 53,804.38 Jun-16 Aug-16 75,925.05 37,962.53 37,962.53 151,850.10 0.65 24,675.64 49,351.28 74,026.92 362,628.45 58,927.12 117,854.25 176,781.37 Jul-16 Sep-16 46,925.74 23,462.87 23,462.87 93,851.48 0.65 15,250.87 30,501.73 45,752.60 Woodbridge Crossing Sales Tax Reimbursement Report Page 5 Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement Aug-16 Oct-16 63,826.65 31,913.33 31,913.33 127,653.30 0.65 20,743.66 41,487.32 62,230.98 Sep-16 Nov-16 59,856.95 29,928.48 29,928.48 119,713.90 0.65 19,453.51 38,907.02 58,360.53 341,218.68 55,448.04 110,896.07 166,344.11 Oct-16 Dec-16 52,217.94 26,108.97 26,108.97 104435,88 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 94,414.88 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 68,437.68 34,218.84 34,218.84 136,875.36 0.65 22,242.25 44,484.49 66,726.74 346,809.86 56,356.60 112,713.20 169,069.81 Oct-17 Dec-17 47,492.90 23,746.45 23,746.45 94,985.80 0.65 15,435.19 30,870.39 46,305.58 Nov-17 Jan-18 69,316.04 34,658.02 34,658.02 138,632.07 0.65 22,527.71 45,055.42 67,583.13 Dec-17 Feb-18 108,901.17 54,450.58 54 450.58 217,802.33 0.65 35,392.88 70,785.76 106,178.64 , 451,420.20 73,355.78 146,711.57 220,067.35 Totals 8,976,199.31 1,617,675.81 3,235,351.62 4,853,027.43 Note: Anticipated completion date for$6 mm incentive obligation -October 2019 CSD Woodbridge Centre Sales Tax Reimbursement Report Filing Allocation City 4B WEDC WEDC Period Period 1.00% 0.50% 0.50% Total Reimbursement Jan-14 Mar-14 $500.33 $250.17 $250.17 $1,000.66 $250.17 Sub-Total 1,000.66 250.17 Feb-14 Apr-14 608.31 304.16 304.16 1,216.62 304.16 Mar-14 May-14 819.13 409.57 409.57 1,638.26 409.57 Apr-14 Jun-14 1,474.84 737.42 737.42 2,949.67 737.42 Sub-Total 5,804.55 1,451.14 May-14 Jul-14 1,856.70 928.35 928.35 3,713.39 928.35 Jun-14 Aug-14 25,686.18 12,843.09 12,843.09 51,372.36 12,843.09 Jul-14 Sep-14 1,482.27 741.14 741.14 2,964.54 741.14 Sub-Total 58,050.29 14,512.57 Aug-14 Oct-14 1,927.17 963.59 963.59 3,854.34 $963.59 Sep-14 Nov-14 32,934.65 16,467.32 16,467.32 65,869.29 16,467.32 Oct-14 Dec-14 1,998.92 999.46 999.46 3,997.84 999.46 Sub-Total 73,721.47 18,430.37' Nov-14 Jan-15 2,885.15 1,442.58 1,442.58 5,770.30 1,442.58 Dec-14 Feb-15 29,624.02 14,812.01 14,812.01 $59,248.04 $14,812.01 Jan-15 Mar-15 6,488.22 3,244.11 3,244.11 $12,976.44 $3,244.11 Sub-Total $77,994.78 $19,498.70 Feb-15 Apr-15 5,694.92 2,847.46 2,847.46 11,389.83 2,847.46 Mar-15 May-15 31,176.75 15,588.37 15,588.37 $62,353.49 $15,588.37 Apr-15 Jun-15 5,390.41 2,695.20 2,695.20 $10,780.81 $2,695.20 Sub-Total $84,524.13 $21,131.03 May-15 Jul-15 6,467.00 3,233.50 3,233.50 12,934.00 3,233.50 Jun-15 Aug-15 32,110.31 16,055.16 16,055.16 $64,220.62 $16,055.16 Jul-15 Sep-15 5,548.58 2,774.29 2,774.29 $11,097.15 $2,774.29 Sub-Total $88,251.77 $22,062.94 Aug-15 Oct-15 5,683.49 2,841.74 2,841.74 11,366.97 2,841.74 Sep-15 Nov-15 41,414.13 20,707.06 20,707.06 $82,828.25 $20,707.06 Oct-15 Dec-15 6,007.81 3,003.91 3,003.91 $12,015.62 $3,003.91 Sub-Total $106,210.84 $26,552.71 Nov-15 Jan-16 6,246.73 3,123.36 3,123.36 12,493.45 3,123.36 Dec-15 Feb-16 38,577.49 19,288.74 19,288.74 $77,154.97 $19,288.74 CSD Woodbridge Centre Sales Tax Reimbursement Report Jan-16 Mar-16 5,383.48 2,691.74 2,691.74 $10,766.95 $2,691.74 Sub-Total $100,415.37 $25,103.84 Feb-16 Apr-16 5,556.02 2,778.01 2,778.01 11,112.03 2,778.01 Mar-16 May-16 35,400.22 17,700.11 17,700.11 $70,800.43 $17,700.11 Apr-16 Jun-16 5,929.35 2,964.67 2,964.67 $11,858.69 $2,964.67 Sub-Total $93,771.15 $23,442.79 May-16 Jul-16 5,622.45 2,811.22 2,811.22 11,244.89 2,811.22 Jun-16 Aug-16 36,078.78 18,039.39 18,039.39 $72,157.55 $18,039.39 Jul-16 Sep-16 5,553.88 2,776.94 2,776.94 $11,107.76 $2,776.94 Sub-Total $94,510.20 $23,627.55 Aug-16 Oct-16 5,386.52 2,693.26 2,693.26 $10,773.03 2,693.26 Sep-16 Nov-16 45,851.97 22,925.99 22,925.99 $91,703.94 $22,925.99 Oct-16 Dec-16 5,712.60 2,856.30 2,856.30 $11,425.19 $2,856.30 Sub-Total $113,902.16 $28,475.54 Nov-16 Jan-17 5,534.56 2,767.28 2,767.28 $11,069.11 2,767.28 Dec-16 Feb-17 39,832.46 19,916.23 19,916.23 $79,664.92 $19,916.23 Jan-17 Mar-17 5,210.39 2,605.20 2,605.20 $10,420.78 $2,605.20 Sub-Total $101,154.81 $25,288.70 Feb-17 Apr-17 5,350.85 2,675.42 2,675.42 $10,701.69 2,675.42 Mar-17 May-17 35,935.03 17,967.52 17,967.52 $71,870.06 $17,967.52 Apr-17 Jun-17 5,446.64 2,723.32 2,723.32 $10,893.27 $2,723.32 Sub-Total $93,465.02 $23,366.26 May-17 Jul-17 6,978.40 3,489.20 3,489.20 $13,956.79 3,489.20 Jun-17 Aug-17 35,612.74 17,806.37 17,806.37 $71,225.48 $17,806.37 Jul-17 Sep-17 5,225.94 2,612.97 2,612.97 $10,451.87 $2,612.97 Sub-Total $95,634.14 $23,908.54 Aug-17 Oct-17 5,692.90 2,846.45 2,846.45 $11,385.79 2,846.45 Sep-17 Nov-17 46,321.69 23,160.85 23,160.85 $92,643.38 $23,160.85 Oct-17 Dec-17 4,662.38 2,331.19 2,331.19 $9,324.76 $2,331.19 Sub-Total $113 353.93 $28,338.48 , Nov-18 Jan-18 6,690.47 3,345.23 3,345.23 $13,380.93 3,345.23 Dec-18 Feb-18 46,316.53 23,158.26 23,158.26 $92,633.05 $23,158.26 Jan-18 Mar-18 0.00 0.00 0.00 $0.00 $0.00 Sub-Total $106,013.98 $26,503.50 CSD Woodbridge Centre Sales Tax Reimbursement Report Total $1,301,765.27 $325,441.32 Outstanding Performance Agreement Summary Company Performance Obligations Expiration Incentive Comment/Notes All State Fire Equipment A. CO 9,300 sf office/warehouse; construction I 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 Paid B&B Theatres i 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 j $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 Paid I 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 l 7/31/2016; CO by 3/31/2014 3/31/2014 $100,000 Paid Phase II -CO for 120,600 sf retail space Sales tax, (completed) 3/31/2014 reimburse quarterly Phase III -CO for 127,600 sf retail space Sales tax 1(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 cir. 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. 8/1/2019 $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 Paid. 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 Forgiveness#1-2-24-17. $70,000 2017-2021 $350,000 Forgiveness#2-2-24-18 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 Paid MIKTEN, Inc. A. Construct a 5,970 sf shell commerical building with a minimum capital investment of$300,000. Certificate of Completion. Current on ad valorem taxes as of 1/31 of the year after they are assessed. 10/31/2018 $10,000 B. Finish out of 5,970 sf building evidenced by a Certificate of Occupancy and 100%leased as evidenced by signed lease agreements. 10/31/20191, $10,000 Outstanding Performance Agreement Summary REVA Hospitality A. CO for a 4-story, 60,000 sf, 98 room hotel; documentation of a $9.2 mm in construction costs. 6/30/2018 $100,000. B. Quarterly incentive payment equal to 50%of Occupancy Tax paid to City of Wylie (start date 6 months from CO and ending 6 years from 1st Not to exceed $350,000 payment) 6/30/24 total incentive Ronald P. and Carole A.Trout A. CoC for 4,944 sf building; documentation $315,000 in construction costs; current on ad valorem taxes. 5/1/2018 $7,500 B. Receipt of documentation by WEDC supporting executed lease of not less than 3,000 sf on or before 12/1/18; CO for not less than 3,000 sf; ,documentation of minimum cumulative development cost of$340,000; current on ad valorem taxes. 12/1/2018 $7,500 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 f over $1,000 per new employee added. 12/31/2017 Threshold Employ up to 45 full-time employees over 133 $1,000/emp (Employee Threshold). One time payment of lover $1,000 per new employee added. 12/31/2018Threshold 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. Wedge Corporation IA. Documentation of executed Ground Lease, Building Permit; 1/31/20141 $137,500 Loan Advance #1 'B. CO for"The Rock" 12/31/2014; $137,500 Loan Advance #2 12/31/2015 C. Evidence ofContinuous Operation $91,666 Loan Advance Forgiven D. Evidence of Continuous Operation 12/31/20161 $91,666. Loan Advance Forgiven E. Evidence of Continuous Operation 12/31/2017 $91,668 Loan Advance Forgiven 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 i Descr. of Work Proj.Total 605 Commerce ; Project Total: 148,991.97 Phase Ii 4,138.75 2/28/151 Completed Labor: Laura Foss;James Maxwell; Clay Snider; Michael Whitehead Contracted Amt:$11,550 1,967.65 2/28/151 Laboratory 4,878.30 2/28/15€ Drilling 124.12 2/28/15 Misc. Supplies 151.25' 2/28/151 W&M Equipment 250.00 2/28/15 Vehicle Usage P-2 12.39__.. 8/18/15; Postage; 47.50 8/31/15 I Labor: Mark Smith Total 11,569.96 VCP(Vol. Cleanup Prog) 10,324.001 6/23/15 i Labor: Frank Clark; Laura Foss; Hichael Henn,James Maxwell; Paul CRodusky; Mark Smith; Clay Snider; William Soderstrom; Ross Tucker; Michael Whitehead Contracted Amt: $38,000 3,325.801 6/23/15 ;Laboratory 1,150.00 6/23/15 Supplies/Permits 690.00 6/23/15 ;Other Sub-contractors 4.90 6/23/15, ,Misc.Supplies 1,175.75 7/14/15 {Labor: Frank Clark,; Clay Snider; Michael Whitehead 2,632.35, 7/14/15 i Drilling 9.38 7/14/15 [Postage/Shipping/Delivery 32.62; 7/14/15 [Misc.Supplies 13.23 7/14/15 iMileage 187.501 7/14/15 1 ;Vehicle Usage P-2 i 361.75 7/14/15 tW&M Equipment 1,425.001 8/18/151 ,Labor: Shan Ahmad;James Maxwell; Clay Snider 517.501 8/18/151 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 ; 125.001 8/18/15' (Vehicle Usage P-2 1,066.251 8/31/151 ;Labor: James Maxwell; Clay Snider; Michael Whitehead W M Environmental Program Tracking 893.55 8/31/151 Laboratory 521.25 9/30/15 Labor: Shan Ahmad; Mark Smith; Clay Snider 287.50 10/31/151 Labor: Clay Snider 402.50 12/15/15 ;Labor: Clay Snider 631.25 12/31/15 Labor: Clay Snider, Michael Whitehead 143.75 12/31/15 'Other Sub-contractors 843.75 1/31/16 Labor: Michael Henn, Mark Smith, Clay Snider 1,612.50' 2/29/16 Labor: Shan Ahmad, Clay Snider _ . 1 .. -- ,010.85t 2/29/16! !Laboratory 1 .... 8.24; 2 29 16 ! / / I ..;.Mist. 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 87.501 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 10/31/151 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 502.501 11/30/16 Labor: Michael Henn,Joshua Hopper, Clay Snider 173.50, 12/31/16 Labor: Antonia Pacholczuk, Clay Snider 172.501 1/31/17 {Labor: Michael Henn, Clay Snider, Michael Whitehead 317.00 2 28 17 Labor: Frank Clark, Michael Henn,Jeremiah Roy 1,591.00 4/30/17 Labor: Jeremiah Roy, Clay Snider, Michael Whitehead 174.25 5/31/17 ,Labor: James Maxwell, Clay Snider 555.00 7/31/17. Labor: Frank Clark, Michael Henn, Clay Snider 412.751 9/30/17 1Labor: 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 1,336.23i 8/18/15 Aerials/Maps/Photos 195.75 8/31/15 [Labor: Frank Clark, Michael Henn 1,020.001 9/30/15 Labor: Laura Foss 2,241.251 10/31/15 !Labor: Frank Clark, Michael Henn; Michael Whitehead 87.501 12/15/15 Labor: Michael Henn 1,476.25' 12/31/15 Labor: Frank Clark, Holly Stockton, Michael Whitehead 28.441 12/31/15 ,Mileage 837.501 1/31/16 1Frank 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 290.001 3/31/17 'Labor: Frank Clark,Antonia Pacholczxuk 385.25f 3/31/17 Subcontractors: Postage and Delivery • Labor: Frank Clark, Michael Henn,James Maxwell, Michael 678.50 4/30/17 Whitehead. 1,150.00 4/30/17 Subcontractors. Total 26,308.04 Indoor Air Sampling Contract: $3,300 470.00 4/30/16 Labor: Mark Smith, Clay Snider Completed 90.00 5/31/16 Labor: Clay Snider 1,603.75 6/30/16 Labor: Michael Henn, Clay Snider 1,472.00 6/30/161 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. 36.271 8/31/16 ;Shipping, postage, delivery 393.751 9/30/16 Labor Shan Ahmad 770..001 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 172.501 2/28/171 Labor: Michael Whitehead 704.00 3/31/17! Labor: Joshua Hooper,James Maxwell,Trey Nelson 1,761.00 4/30/17t Labor: Michael Henn,Joshua Hopper, Clay Snider 1,249.00 5/31/17 Labor: Frank Clark,Joshua Hopper, Clay Snider, Michael Whitehead 309.35 6/30/17i 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 3/31/171 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 6,097.531 4/30/17 I($5359.23) 372.00 5/31/17 Labor: Clay Snider 621.00 5/31/171 '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 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 I Pacholczuk, Clay Snider 9.14; 8/31/17 1 Postage/Shipping/Delivery 266.00 9/30/17 I Labor: Frank Clark, Clay Snider 9.14 9/30/17Postage/Shipping/Delivery 2,884.03' Closure Activities Labor: Frank Clark, Michael Henn,Samuel Lewis,James Maxwell, Contract: $8,400 3,705.75i Antonia Pacholczuk, Clay Snider W M Environmental Program Tracking 375.20 Labor: Frank Clark, Clay Snider 4,080.95' i 900-908 Kirby Project Total: 26,602.31 Contract Total: $26,800 2,800.00 10/31/16 I Completed Phase I -Contract$2,800 2,800.00 ' 1 Labor: Shan Ahmad, Michael Henn,Joshua Hopper,Clay Snider, 4,052.50 9/30/16 Michael Whitehead 11.18 9/30/16 (Mileage _ Limited Phase II- 1 1 Contract$17,000 227.25 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 10/31/16c Misc.Supplies 218.75 ` 10/31/16{ Vehicle Usage/W&M Equipment 16,996.09 Soil Management Plan 871.00 4/30/171 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 IPM &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 / Frank r nk Clark, Clay Snider 165.31 � 7/31 171 Subcontractors: Postage/shipinge..__..._ 135.00 7/31/17, `PM &Assistance: Michael Henn 124.00 8/31/171 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 1 Hwy 78-CFA VCP 1 Project Total: 63,190.07 Contract$68,000 1,233.00 ' 1/31/171 Labor: Frank Clark, Clay Snider, Michael Whitehead W M Environmental Program Tracking Proj. Mtgs: Frank Clark. Michael Henn,James Maxwell,Trey Nelson, 1,134.25 2/28/17 Michael Whitehead ;Subsurface Investigations: Frank Clark,Joshua Hopper,James 'Maxwell,Trey Nelson,Jeremiah Roy, Clay Snider, Michael 5,060.00 2/28/17 Whitehead 9,184.48 2/28/17 ,($;Subcontractors: Laboratory1 597.35), Drilling ($7,587.13) 570.77 2/28/171 Supplies 575.50 2/28/17 Vehicles& Equipment 1,794.00 2/28/17 VCP Application: Frank Clark, Clay Snider 108.00 2/28/17 Drinking Water Survey: Jeremiah Roy 155.00 3/31/17. t d o e Report Frank Clark 400 00 2/2817 Proj. Labor: Clay Snider Re o b a d._. 1,856.00 3/31/171 Subsurface Investigation: Frank Clark,Joshua Hopper, Clay Snider I I 4,893.25 3/31/171 Subsurface Investigation-Subcontractors: Laboratory, Drilling 65.98 3/31/171 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 3/31/171 1VCP Investigation: Supplies, permits, postage, shipping delivery 1,580.00 1 3/31/17 'Drinking Water Survey: Jeremiah Roy, Clay Snider Affected Property Assessment Report- Frank Clark,Joshua Hopper, James Maxwell,Trey Nelson,Jeremiah Roy, Clay Snider, Holly 8,052.25 3/31/17 ,Stockton, Michael Whitehead 287.50 4/30/171 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 1 4/30/17! ,Aerials/Maps/Photos/Postage/Shipping W M Environmental Program Tracking i APAR (Frank Clark, Michael Henn,James Maxell,Trey Nelson, Antonia Pacholozuk,Jeremiah Roy, Clay Snider, Holly Stockton, 5,818.25 4/30/17 !Michael Whitehead) 30.74 4/30/17 Postage, Delivery, Shipping 501.50 1 5/31/17 Project Mgmt& Meetings: Frank Clark,James Maxwell, Clay Snider Project Mgmt& Meetings: Frank Clark, Michael Henn,Trey Nelson, 2,097.25 6/30/17 }Clay Snider, Michael Whitehead 462.00 I 6/30/17' II Labor: Trey Nelson 92.50 6/30/17 ,Vehicles& Equipment 284.00 7/31/17 1 'Project Mgmt& Meetings: Frank Clark, Clay Snider 1,842.50 7/31/17 Subsurface Investigation: Trey Nelson,Joshua Hopper, Clay Snider 3,090.91 7/31/171 'Drilling& Laboratory 81.25 . 7/31/17' ,Vehicles& Equipment 1 1,414.00 8 31 17 Project Mgmt& Meetings: Frank Clark, ClaySnider 17.86 8/31/17 Sub-contractors: Postage/shipping/delivery 19.25 8/31/17 Subsurface Investigations: James Maxwell 1,220.00 9/30/17I Project Mgmt& Meetings: Michael Henn, Clay Snider 231.00 9/30/17' Labor: Trey Nelson 35.36 ; 9/30/17 ;Supplies/Permits 93.75 9/30/17 `Vehicles& Equipment 341.00 ; 10/31/17 Labor: Clay Snider 494.50 10/31/17 'Other Sub contractors: Removal of 2-55 gallon drums 468.00 11/30/17 'Project Mgmt& Meetings: Frank Clark, Samuel Lewis, Clay Snider 264.00 12/31/17' `Labor: Joshua Hopper 1,725.00 12/31/17 Other Subcontractors- Plugging Wells following TCEQ clearance. j 63,190.07 Kirby Former CRI Project Total: 26,111.92 Contract$27,950 910.00 11/30/17 Labor: Frank Clark, Michael Henn 788.00 12/31/17 Labor: Frank Clark, Clay Snider W M Environmental Program Tracking Labor: Frank Clark, Michael Henn,Joshua Hopper, Samuel Lewis, 6,421.80 1/31/18 Trey Nelson, Clay Snider Other Subcontractors: Laboratory,Supplies/Permits, Other 14,442.16 1/31/181 Subcontractors 11.16 1/31/18 'Misc.Supplies 659.50 . 1/31/18 Vehicle /Equipment Labor: Frank Clark,Trudy Hasan,Joshua Hopper,Samuel Lewis, Clay 2,005.30 2/28/18 Snider 874.00 ; 2/28/18 Laboratory 26,111.92 Spent Contracted Total W84M Expenditures: 264, 96.27 $283,400 WEDC Activity Log Prestonwood Country Club DATE WEDC CONTACT BUSINESS CONTACT DESCRIPTION OF CHARGE AMOUNT 1/17/18 Satterwhite CBRE Dining 19.27 1/31/18 Satterwhite n/a February Dues& Fees 709.32 728.59 WEDC Promotional Activities 2017-2018 avericks Tickets Date Attendees October 2, 2017 ECD, LP (Preseason) October 23, 2017 1GB Group, Edge, John T. Evans November 11, 2017 Coventry Reserve -Auction Donation November 17, 2017 Deanan Gourmet Popcorn November 18, 2017 Wylie Elite-John Von Runnen December 2, 2017 SAF Holland December 4, 2017I Heath & Heath December 18, 2017 NAI-Andrew Shaw January 7, 2018 Edge Realty January 13, 2018 Finnell Group January 24, 2018 I UCR Development January 26, 2018 Whisenant Properties February 10, 2018 UCR Development March 10, 2018 Edge Realty Regional Housing Permits Wylie Lavon 10 11 12 13 14 15 16 17 18 10 11 12 13 14 15 16 17 18 January 28 20 16 18 14 46 9 15 4 January 8 2 4 5 4 6 2 12 2 February 18 9 22 14 20 31 4 36 54 February 7 11 2 5 11 6 5 1 7 March 20 28 18 17 30 31 43 33 March ' 8 3 6 3 17 8 3 0 April 23 18 29 38 10 57 41 70 April 13 1 12 24 7 11 1 1 May 26 18 20 22 26 68 101 45 May 8 1 0 9 17 4 4 11 June 24 19 13 11 9 57 58 98 June 12 9 2 5 12 5 1 7 July 33 20 19 18 29 36 34 60 July 11 2 3 1 14 12 1 1 August 24 16 20 19 1 19 30 25 11 August 12 9 6 3 1 5 0 12 September 23 22 15 8 17 24 18 46 September, 0 6 7 6 2 7 0 5 October 17 16 28 30 21 32 26 33 October 14 4 2 1 9 5 0 0 November 13 5 14 18 20 33 11 42 November 5 5 3 2 1 2 0 14 December 15 10 16 23 65 38 39 18 December 1 7 1 4 5 6 0 40 TOTAL 264 201 230 236 280 483 409 507 58 TOTAL 99 60 48 68 100 77 17 104 9 Murphy Sachse 10 11 12 13 14 15 16 17 18 10 11 12 13 14 15 16 17 18 January In 4 ® 26 im®un 0 January El 14 8 El 18 14 16 4 U February �� 14 Una 4 ® 6 February 10 EMI 8 29 � ® 9 I March III 9 6 6 8 4 la 4 111 March 19 EMI= 24 Dig. April Ill 8 10 D E 8 um April El 8 4 Eurga 24 'EN" May BEI 14 1E1E11E1E1 0 mi May mom 10 ® 6 Emum June ® 6 19 E 6 IN 4 0 III June 1111 8 'm 14 16 38 0 14 III July 0® 16 'ED 4 0 8 I July 00 14 El30 000 August © 4 mom � 16 im ' 0 ■' August 14 MI'' 19 10 29 � 81111 Septembers. 10 10 ea 6 0 III September®® 000', 20 Ma October 8 16 16 4 0 ''El 0 ■ October 8 MID 18 31 29 10 al November 1MI 6 0 � November 4 6 9 ED 26 Elf 6 M December 9 8EmEi 4 0 11111111 December 6 E 10 ag 39 mum TOTAL ap 70 149 E • EHEI ®CII TOTAL 18010101:1 280 260 MEM Inspiration Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Tota 15 5 12 10 6 17 13 14 4 13 8 5 11 118 16 10 19 11 9 7 13 40 8 14 13 18 2 164 17 10 12 26 29 18 30 16 17 20 14 19 18 229 18 15 15 Regional Housing Permits Wylie Pending Developments Inspiration Phase 5A-1 10.32 ac 58 with 3 Estates of Creekside-45 ac. 63 Lots, 3 open space Inspiration Phase 3A-50.08 ac 324 lots Braddock Place, Phase 2 - 185 ac. - 44 Lots Dominion of Pleasant Valley Ph 2 -62.142 Kreymer Estates Phase 1 -36.475 ac. - 110 Lots ac 212 lots Lewis Ranch -53 ac. -216 Lots J Cubed Addition 1.841 ac Woodbridge 16 -25.083 ac. - 111 Lots Inspiration 3B-1 56.75 ac-205 lot Dominion of Pleasant Valley- 361.4 ac. -975 Lots Bozman Farms Phase 5B-21.874 ac 74 lots Covington Estates Ph 1 - 14.308 ac. -44 lots Kreymer East Phase 1 -26.782 ac 86 lots Bozeman Farms-780 lots remaining (145 under cons.) Inspiration Phase 3B-1 56.75 ac 205 lot Alanis Crossing - Phase 1 -29.292 ac-53 Lots New Haven at Wylie-3.126 ac 1 lot Braddock Place, Phase 3 -18.322 ac. - 53 Lots, 2 open space Kreymer Estates 4 -27.312 ac 78 lots Wilson Creek-38 ac. 140 lots Stone Ranch -38.113 ac 138 lots Inspiration 2B -25 ac. 76 lots Wylie ETJ Collins Addition -6.398 ac 2 lots ZC 2014-08 Nails-25 ac. 105 Townhomes Clarimarhomes 0.281 ac 2 lots Hunter's Cove Phase I -31.414 ac 58 Lots Lake Park villas 26.586 ac 165 lots Bozman Farms Phase 3 - 50.392 ac 139 Lots Creekwood Country Estates-21.34 ac 22 lots Braddock Place Phase 4 -25.608 ac 77 Lots Keller's 2nd Addition -0.289 ac 1 lot Braddock Plase Phase 3 - 18.322 ac. 53 Lots Keller's 2nd Addition -0.289 ac 1 lot Creekside Estates Phase VII -23.267 ac. - 11 Lots Railroad Add, Lot 3R-1 &3R-2 -0.281 ac 1 lot Castle Park-31.41 ac 56 Lots Inspiration Ph 3B-1 - 56.75 ac 199 lots Inspiration Phase 1 &2 --53 Lots Bozman Farm Phase 6- 59.968 ac 181 lots Kreymer Estates Amenity Center- 3.3 ac. 1 Lot Inspiration Ph 3B-3- 19 lots Kreymer Estates Phase 2 -23.171 ac 60 Lots Creekside Phase IX 1.428 ac 5 lots Kreymer Estates Phase 3 -29.7654 ac 74 Lots Railroad Addition, Lot 15R -0.402 ac 2 lots Mansions at Wylie Seniors - 13.125 ac 1 Lot Woodbridge 21 - 104.174 ac- 367 lots Schupbach Estates-0.633 ac. 2 Lots Wooded Creek Phase 2 Amenity Center- 0.512 ac 1 Lot Sachse Pending Developments Creekside Estates Phase VIII -20.551 ac 65 Lots Jackson Hills Phase 3A-2 - 55 Lots Kreymer Estates Phase 4-27.312 ac 78 Lots Heritage Park- Phase 3-81 Lots Bozman Farms Phase 5-69.071 ac 198 Lots Parkwood Ranch - Phase 2 -102 Lots HNI Townhome Addition - 10.06 ac 104 Lots Jackson Hills- Phase 3B - 114 Lots Alanis Crossing Phase II - 26.239 ac 42 Lots Jackson Meadows- 51 Lots Trailsplace Lot 6-BR & 6 C-0.256 ac 2 Lots Woodbridge- Phase 19- 148 Lots Kreymer Park-45.57 ac 151 Lots Estates of Pleasant Valley Phase II -(21 Lots) Kreymer Estates Phase 3 - 29.7654 ac 74 Lots Serene Townhomes (122 units) Braddock Place Phase 5- 28.019 ac Malone Estates (37 lots) Railroad Addition Block 31- 1 ac. Estates of Pleasant Valley Phase I - (42 lots) Creekside Estates Ph 9- 12 ac Covington Estates Phase 2- 13.927 ac ETJ Kreymer Park-45.57 ac 151 Lots C & F Copeville Addition -3.515 ac 3 Lots Creekwood Estates - 15.717 ac 20 Lots Geckler Addition - 14.274 ac 1 Lot Bozman Farms Phase 5-69.071 ac 198 Lots Reyes estates- 3.61 ac 2 Lots Inspiration Phase 3 and 4- 107.83 ac Creeks Crossing - 3.187 ac 2 Lots 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 ylie cono ic I evelo s ent Cor I oration E • - A TO: WEDC Board of Directors FROM: Sam Satterwhite, Executive Direct() SUBJECT: Future Agenda Items DATE: March 12, 2018 Issue Discussion of issues to be placed on future WEDC Board Meeting agenda (no substantial consideration/discussion allowed). Anal sis 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.