The URL can be used to link to this page

04-18-2018 (WEDC) Agenda Packet I Wylie Economic Development CORPORATION April 18, 2018 —6:30 A.M. WEDC Offices—Conference Room 250 South Highway 78— Wylie, Texas Marvin Fuller.............. resident Todd intters. Vice President John Yeager Secretary Demond Dawkins Treasurer Bryan Brokaw.,. . . Board Member Mayor Eric Hogue Ex-Officio Member ......... .... .. Mindy Manson, City Manager..... Ex-Officio Member Samuel Satterwhite Executive Director Jason Greiner. Assistant Director Angel ygant, Senior Assistant In accordance with Section 551.042 of the Texas Government Code, this agenda has been posted at the Wylie Municipal Complex, distributed to the appropriate news media, and posted on the City Website: lietexas. ov within the required time frame. CALL '. 1 ER Announce the presence of a Quorum.: CITIZEN TIC Residents may address the WEDC Board regarding an item that is or is not listed on the agenda. Residents must provide their name and address. The WEDC Board requests that comments be limited to three (3) minutes. In addition, the WEDC Board is not allowed to converse, deliberate or take action on any matter presented during citizen participation. ACTION IT S I. Consider and act upon approval of the March 21, 2018 inutes of the WEDC Board of Directors Meeting. II. Consider and act upon approval of the March 2018 DC Treasurer'sReport* III. Consider and act upon issues surrounding a Performance Agreement between the WEDC and The Rocking M, LLC (McClure Partners). IV. Consider and act upon approval of a Performance Agreement between Hooper-Woodbridge II, LLC and the WEDC. WEDC—Agenda April 18, 2018 Page 2 of 2 DISCUSSION ITEMS V. Staff report: review issues surrounding WEDC Performance Agreement Summary, Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway Property, Cross Development, ICSC 2018, WEDC Promotional Activities,and regional housing starts. VI. Discussion of issues to be placed on future WEDC Board Meeting agenda (no substantial consideration/discussion allowed). EXECUTIVE SESSION Recess into Closed Session in compliance with Section 551.001, et.seq. Texas Government Code, to wit: Section 551.072 (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). Consider the sale or acquisition of properties located at: • Oak& Ballard • Alanis & Sanden Section 551.087 (Economic Development) of the Local Government Code, Vernon's Texas Code Annotated(Open Meetings Act). Deliberation regarding commercial or financial information that the WEDC has received from a business prospect and to discuss the offer of incentives for: • Project 2017-8b • Project 2018-4a • Project 2018-4b • Project 2018-4c ' CONVENE INTO OPEN _ ETING ADJOU' MENT CERTIFICATION I cer0, that this Notice of Meeting was posted on this 13' day of April 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 Wednesday, March 21, 2018 —6:30 A.M. WEDC Offices—Conference Room 250 South Highway 78 —Wylie, Texas CALL TOO ' ER Announce the presence of a Quorum President Marvin Fuller called the meeting to order at 6:33 a.m. Board Members present were John Yeager, Bryan Brokaw, Demond Dawkins, and Todd Wintters. Ex-officio members Mayor Eric Hogue and City Manager Mindy Manson were present. WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner, and Senior Assistant Angel Wygant. CITIZEN PARTICIPATION Lynn Grimes attended and thanked the Board for sponsoring the 24th Annual Taste of Wylie event which will be held on April 23rd at the FBC Events Center. She also expressed her gratitude to Wylie Police and Fire for their assistance with setup. With no further citizen participation, President Fuller proceeded to Action Items. P ' SENTATION Wylie Fire Chief Brent Parker presented a plaque to the WEDC thanking the Board and staff for their support of Wylie Fire&Rescue. Specifically,the organization working closely with the Fire Department to identify opportunities for training and drills in buildings scheduled for demolition. ACTION ITEMS ITEM NO. 1 —Consider and act upon approval of the March 11, 2018 Minutes of the Wylie Economic Development Corporation (WEDC) Board of Directors Meeting. Staff thanked the Board for coming in on a Sunday to consider the Performance Agreement for Cross Development and informed the Board that on March13, 2018 the Wylie City Council approved the 380 Agreement for Cross Development. Cross has now closed on the property. MOTION: A motion was made by Demond Dawkins and seconded by Bryan Brokaw to approve the March 11, 2018 Minutes of the Wylie Economic Development Corporation. The WEDC Board voted 5 —FOR and 0—AGAINST in favor of the motion. ITEM NO. 2 — Consider and act upon approval of the February 2018 WEDC Treasurer's Report. Staff reviewed the items contained in the Treasurers Report and called the Board's attention to the continued decline in Sales Tax Revenue for FY 2017 -2018. The City and WEDC have employed WEDC—Minutes March 21, 2018 Page 2 of 5 a consultant to analyze confidential data available from the Comptroller's Office in an effort to explain the decline and anticipate future revenues for budgetary purposes. City Manager Manson stated that a preliminary call with the consultant indicated that we may have underestimated the impact of the hail storm repairs to sales tax revenue. With the KREA incentive paid in February and no further incentives being owed, KREA has been removed from the Performance Agreement tracking report. MOTION: A motion was made by John Yeager and seconded by Todd Wintters to approve the February 2018 Treasurer's Report for the Wylie Economic Development Corporation. The WEDC Board voted 5 —FOR and 0—AGAINST in favor of the motion. ITEM NO. 3 — (Remove from Table) Consider and act upon issues surrounding the use of WEDC property located at 100 Oak Street. MOTION: A motion was made by Todd Wintters and seconded by Demand Dawkins to Remove the Item from Table. The WEDC Board voted 5 — FOR and 0 — AGAINST in favor of the motion. Staff updated the Board on the Texas Alcoholic Beverage Commission (TABC) restrictions surrounding the location of new alcoholic beverage licenses in proximity to WEDC owned property being considered to lease to Wylie Northeast Church. Specifically, regulations require that new licenses shall not be issued for properties located closer than 300 feet from a church measured from front door to front door, and in direct lines across intersections. Staff provided an aerial showing these measurements and the potential impact it poses on surrounding businesses. 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. 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 and want to undertake a significant redevelopment project and need to serve alcohol, the WEDC may be faced with a decision as to whether to continue its lease to Wylie Northeast. Board Member Dawkins inquired about the WEDC's obligation for repairs and staff confirmed that the lease is 'as is' and any cost for repairs would be covered by the tenant. President Fuller asked if the lease would impact a possible repeat of the Oktoberfest event held on WEDC property last year. Staff confirmed that this event would likely be impacted by the lease. Board Member Wintters suggested that since this is a non-profit organization and we are imposing fairly stringent notice to vacate requirements; the Board might consider a reduced rent for the facility. WEDC—Minutes March 21, 2018 Page 3 of 5 Staff recommended 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 giving the Executive Director discretion to set the rent between $1,000 and $1,200 per month. MOTION: A motion was made by John Yeager and seconded by Bryan Brokaw to 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 giving the Executive Director discretion to set the rent between $1,000 and $1,200 per month. The WEDC Board voted 5 —FOR and 0—AGAINST in favor of the motion. ITEM NO. 4—Consider and act upon approval of a First Amended Performance Agreement between DCU, Inc., and the WEDC. As directed at the February 28th Board Meeting, Staff presented 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. An additional modification to Incentive No. lb provided for payment to be made directly to the contractor constructing gas line improvements. This modification ensures that monies are being utilized for intended purpose. Staff confirmed that three bids were received for the gas line work and the contractor is on the Atmos qualified contractor list. Staff recommended that the WEDC Board of Directors approve the First Amended Performance Agreement between DCU, Inc. and the WEDC. MOTION: A motion was made by Todd Wintters and seconded by Demond Dawkins to approve the First Amended Performance Agreement between DCU, Inc. and the WEDC. The WEDC Board voted 5—FOR and 0—AGAINST in favor of the motion. ITEM NO. 5 — Consider and act upon issues surrounding a Purchase and Sale Agreement between the WEDC and SCSD-Finnell, Ltd. Presented for the Board's review was the exterior elevation submitted by SCSD-Finnell, Ltd for WEDC Board input and approval along with a street view photo from a current installation of the same elevation as presented. Staff called the Board's attention to the southeast side of the building which is higher than the southwest side and was designed as such to provide variation of elevation. Staff informed the Board that it had already been conveyed to Finnell that the Board may want consistency in elevation which Finnell was glad to change at the Board's request. City Manager Manson stated that the stone should be substantially the same as that utilized by Chick-fil-A in order to provide a consistent look. Staff agreed and stated he believed that was already the plan but would communicate that requirement. President Fuller stated that since the exterior of the building would be visible from Industrial Court we should require awnings along the back of the building, particularly over doorways. Board WEDC—Minutes March 21, 2018 Page 4 of 5 Members felt that this requirement would be burdensome to Finnell. It was decided to request(not require)that adding this element be considered. Staff recommended that the WEDC Board of Directors approve the exterior elevations as amended for the multi-tenant building being constructed on WEDC property by SCSD-Finnell, Ltd. MOTION: A motion was made by Bryan Brokaw and seconded by Todd Wintters to approve the exterior elevations, as amended to provide consistency between the southeast and southwest ends of the building, and request awnings over the doorways of the back of the multi-tenant building on WEDC property being purchased by SCSD-Finnell, Ltd. The WEDC Board voted 5 — FOR and 0—AGAINST in favor of the motion. DISCUSSION ITEMS ITEM NO. 6 - Staff report: Staff reviewed issues surrounding WEDC Performance Agreement Summary,Environmental Activity Summary,Highway 78 WEDC Pad Sites,544 Gateway Property,WEDC Promotional,Promotional Activities and regional housing starts. Staff updated the Board on WEDC activities and properties. ITEM NO. 7 —Discussion of issues to be placed on a future WEDC Board Meeting agenda (no substantial consideration/discussion allowed). No Board Member requested any items to be placed on future Agendas. EXECUTIVE SESSION Recessed into Closed Session at 7:31 a.m. in compliance with Section 551.001, et.seq. Texas Government Code, to wit: Section 551.072 - (Real Estate) of the Local Government Code, Vernon's Texas Code Annotated (Open Meetings Act). Consider the sale or acquisition of properties located near the intersection of: • 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 WEDC—Minutes March 21, 2018 Page 5 of 5 RECONVENE INTO OPEN MEETING The WEDC Board of Directors reconvened into open session at 8:13 a.m. and took no action. I JOU' MENT With no further business, President Fuller adjourned the WEDC Board meeting at 8:13 a.m. Marvin Fuller, President ATTEST: Samuel Satterwhite,Director ylie cono ic I evelos ent Cor s oration E • - A BU TO: Samuel Satterwhite, Executive Director FROM: Angel Wygant, Senior Assistant SUBJECT: March 2018 Treasurer's Report DATE: April 10, 2018 Issue Consider and act upon approval of the March 2018 WEDC Treasurer's Report. Analysis From the Balance Sheet,page 1: Deposits - $2,000. This amount reflects a $2,000 deposit paid to Wylie Industrial Court for the current location of the WEDC office. Loan Receivable - $0. Wylie Ice Cream Holdings paid off this Loan Receivable on March 1, 2018. Final payoff amount was $51,566.97 including remaining principal balance and accrued interest. Account Rec—Forgivable Loans - $210,000. The figure above represents 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 - $633,000. This is a total of incentive payments which are due in the future. A breakdown of these charges includes: B & B Theatres - $25,000, Exco Extrusion Dies — $40,000, Trout - $15,000, REVA Hospitality- $100,000, DCU - $100,000, DANK Real Estate - $83,000, MIKTEN - $20,000, Cross Development - $250,000. Balance Sheet,page 2: Deferred Inflow - $117,000. 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 was reduced by the remaining principal balance. The figure above reflects WEDC March 2018 Treasurers Report April 10, 2018 Page 2 of 3 Exco Extrusion Dies forgivable loan 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 — $9,135. DCU - $3,000, Delta-E - $800, Helical Concepts - $400, Wheels Unlimited- $1,435, Richmond Hydromulch- $500, Austin-Said- $3,000. Revenue and Expense Report,page 3: Office Supplies - $260.17. Copier Paper—($49), Minute Book($211.17). Postage &Freight - $7.51. TCEQ Postage. Food Supplies - $136.49. WEDC Board Meeting Meals ($21.01), Office Lunch($115.45). Incentives - $103,355.78. GetSet ($10,000), All State Fire Equipment ($20,000), Woodbridge Crossing Tax Reimbursement($73,355.78). Special Services — $27,244.62. TCEQ — Commerce ($373.75), Environmental — Commerce ($3,705.75), Environmental — Hwy 78 ($468), Environmental — Kirby ($22,444.62), Janitorial Service ($157.50), Qrtly Pest Control ($95). Advertising - $6,095. In&Around ($1,595), Connection Ads ($4,500). Community Development - $3,993.51. State of the City Chamber Luncheon ($30), Wylie Way Banquet Sponsor ($500), Chamber Banquet ($1,000), WEHS Sponsorship ($700), Waterline Crew lunch ($50), Boyd Recording Studio ($13.51), CCIM Sponsor ($1,500), Pedal Car Sponsor ($100), Rotary—NTMWD Sponsor($100). Travel & Training— $1,778.06. TEDC Reg - Greiner ($400), TEDC Hotel— Greiner ($441.32), TEDC Air — Greiner ($357.96), TEDC Meals — Greiner ($14.79), TEDC Taxi — Greiner ($31.64), TEDC Hotel - Satterwhite - Cancel ($25), Leadership Wylie ($9.74), Bus Mtg/Proj. Updates ($208.01), ICSC Air—Brokaw($289.60). Dues & Subscriptions - $709.32. Club Corp Dues. Audit & Legal - $5,320. Environ. Review Kirby Property ($2,160), Atty Fees: CFA ($100), SCSD-Finnell ($60), Weaver Audit ($3,000). Land—Purchase Price - $563,844.35. Purchase of 1001 Squire. WEDC March 2018 Treasurers Report April 10, 2018 Page 3 of 3 Recommendation Staff recommends that the WEDC Board of Directors approve the March 2018 Treasurer's Report. Attachments March 2018 Treasurer's Report Sales Tax Revenue Wylie Economic Development Corporation Statement of Net Position Aanf March 31,2O18 Assets Cash and cash equivalents 394,51139 Receivables $ 210,000.00 Note Inventories $ 8,902'929.85 Prepaid Items $ _ Total Assets $ _9'507,441.24 Deferred Outflows ofResources Pensions $ 66,48155 " Total deferred outflows ofresources $ 66,481.55� Liabilities Accounts Payable and other current liabilities $ 69\896.55 Unearned Revenue $ 120,000.00 Note Non current liabilities: Due within one year $ 627,511.73 Note Due in more than one year $ 3,535,515.61 Total Liabilities $ _4']5�9a5�9 ~ Deferred Inflows ufResources Pensions g 2'839.41 Total deferred inflows ofresources $ 2'839.41 Net Position Net investment in capital assets $ - Unrestricted $ 5'zzQ\zsg�49 ' - Total Net Position $ 5,218,159/0 ' mouez: Includes incentives indefonnofforgivable/umnsfor$2z0,000.00 moteZ: excoonnortizotiun depositsfrnm rental property muu,J: Liabilities due within one year includes compensated absences of$63,Uz8 Nnte4: The KmED[pnuvide,monetary incentives tn companies tonelocute/expondwithin the City nf Wylie. At March 31,20z8,these commitments totaled$h33,00 4-I2-2018 04(FH RE MITE OF NYLIE PAGE; BALANCE SREET As V. (ARREH MIST0 MOIR III-MELTE eCONODIR UMBEL CORP ACCOURF# TITLE ASSETS, 1000-1011D CLAIM ON CASH s CASH COUTO 3F2(H141.30 11(10F1(3115 CASH - REDO 101001 0,00 10DH-10135 ESCROW 0,00 1000-101RO DEPOSITS 2.000,00 1123)-1010.8 OTHSR - M100 CLFAR(ND 0.00 1000-103(11 TFHPOOL D.00 1000-10343 Loolm 0,00 L8O1-10481 INTEREST REDNIDAgLE 0.00 1000-11011 ACCTs REC - RING 0,00 100Q-11011 ACCCS REC sALES, TAX 0.00 1000-12810 LEASE PAYMENTS FR((CEIVARLE 0.00 1000-129BD ',DAN PROCEEDS RECEIVABLE 0.00 1000-120BD LOAN RECEIVABLE 0.00 1000-12001 ACEBS 1110 JTM TECH 0.00 1000-12008 AMGEN REC FORMIRMABLE LOANS 210,000.00 100O-14112 INVENTORY - MATERIAL/ SUPPLY 0,00 1000-1410? INVENTORY - LAND I BUILD/Has 8,902,929,„8$ 100D-14113 INVENTORY - DAYCO/ SANDER BLVD 0.00 1000-14310 PREPAID FERBDSES MI'C °(°D 1 -3441/0 DEFERRED BUTFI,B)WS HSH14000.00 sossossos 1°,140,441-24 TOTAL ASSETS 10,240,441.24 LIABILITIES 2000-20110 FEDERAL INCOME TAM PAYABLE 0.00 2000-ROM MEDIDARE pAyA11L0 0,00 2000-20112 CHILD sUPPORT PARABLE 0.00 BOOS-2011M CREDIT UNION PAYABLE 0.00 2°D1 T20114 tEs LEEN PAYABLE 0.00 FOOD-10115 NATIONWIDE DEFERRED CORM 0.00 2000-2011f; RHALCH 'REHR PAY-EMPLOYEE ( 2000-20111 TMHS PAYABLE D-00 2D30c22318 ROTH tRA PAHABOm 0.00 2000-201I14 WORMERS COMP PAYABLE 0.00 2000-201.20 FIE(A PAYABLE 0.00 .2000-20121 TEC PAYABLE 0,00 FRO3-2012H STUDENT 'AN LEVY PAYABLE 0.00 2000-20123 ALIMONY PAYABLE 0.00 2000-20124 DANNHEPTCB PAYABLE 0,00 2000E201FR VALIC DEFERRED COMM 0.00 2O0D-2012A IC,NA PAYABLE 0.00 20°1D201121 EMP- LEGAL SF;RVISFS PAYABLE, 0.00 2000-201.10 FLEXIBLE, SPENDING ACCOUN7' 874.98 2000-20131 EDWARD INNER DEFERRED CORP 0.00 2000-20132 DMA CARR DIISR 12.00 2000-001.51 ACCRUED WADES NAMABLE 0.00 2000-.2.010 ADMIT EMPLOYEE IELIBR PAX 19.58 2000-20130 MtSC PAYROLL PAYABLE 0,00 471272018 04779 PM CITY OF RIBLIE PAGE! 2 BALANCE SHEET AS OF: MARCH 7IST, TOIS I 11-WEIL rE ECONOMIC DEVEL CORD ACCOUNT TITLE 22E3 2000-20201 AP PENDING 7,023.50 2000-20210 ACCOUNTS PAYABLE: AID 356.60 2000-20530 PROPER,T2 TAXES PAYAREG 0.00 2000-'20540 NOTES PAYABLE 633,,000 2000-20S10 DUE To GENERAL FUND 2000722270 DEFERRED INFLOW 1777000,RD 2000-22275 TTED IN21.017 - LEASE PRINCI PAL 0.00 2000-22280 DEFERRED INFLOW 2 LEASE INT 0. 2000-22915 RENTAL DEPOSITS 3.,000 00 TOTAL LIABILITIES 822,,896„55 EQUITY 3000334110 FIND BALANCE - RESERVED 3000-74590 BLIND BALANCE-IMRE SERVAUNDESIG 9,727,218.57 IDEAL BEGINNING EQUITY 9,7277718.57 TOTAL REVENUE 921,99.7.4 TOTAL EXPENSES 1,332,171.87 REVENUE OVER/(UNDER) EXPENSES 4.10,113.88) TOTAL EQUITY1 BER/(11NDFF3/ 93 7177544.59 TOTAL LIABI LITIES, RQU CRY 4 OVER/(1INTRERI 70,1404441.24 BEE-EN'S 94)88 PN CITY OF WYL1B BAER( 1 BALANCE SHRET AS 0171 mASCP 312T, 2918 982-GEN LONG TERM DEBT (WEPC) ACCOUNTE TITLE ASsETs Bssa LE 1000-10312 BOVERNMENT NOTES 0,00 1000-19110 LcAN WON 0)90 1000-18120 LOAN - BIRMINGHAM B„9,0 1000-18219 AMOUNT T0 SE PROVIDED 0,00 1000-18220 alaNTRGRAM LOAN 0)90 1009-19050 DES OUTFLOW - TONEREBUTTONS 27,922.29 1090-SA975 DEB OUTFLOW - INVESTMENT REP 33„333.8E 1090-19100 DBE OUTFLQW - ACT EXIT/ASSUME 4,225)78 1000-191E5 ICEIW)/LOPE ON AGSCRPTION CND( 2,839-41) 53,998518 TOTAL AssEED 93,84814 LIABILITIES )8000 2E0319 COMPENSATED ABSENCES PAYABLE 99,879.88 8000-20311 coma AasENCEs PAYABLE-CURRENT 0.00 2009-21411 ACCRUED INTEREST PAYABLE 8,881.05 2WWWD26205 WRI111 LOANS/cURRENT 8210033.80 2000-28220 BIRMINGHAM LOAN 0.00 2900-28230 INE000 LOAN 0.00 2000-28E32 AN R LOANTIRDER 0.98 2000-28233 AMR LoANAREDDICORT) WHITE .199/DAR)EP 8900-28E3E AN? LOAN/BANDAGE 31.09)59)s 0.00 8000-891235 ANN LOAN 0.90 2000-28236 AWE coNETENCTION LOAN 0..00 211o0-28231 AN 8 ICON/ WOODBRIDGE PARKWAY 401,725.95 R000-ERSAB ENE LOAN/BUCHANAN OB,151-81 2000-28239 ENE 10ANAOONES)BERAET PAYOFF 95,005,40 2°10-28240 110011E8 LAIEIN 9,09 2000-28245 5111 LOAM/DALLAS WEIREENOS. 2(900,000)09 2000-28247 BARBARO IA 256,732.59 2EWWEIIWEEW CITY WT WYLIE LIIEN 0.00 8009 228209 Balm:a KIll LOAN 0,00 2000-28270 BONLANDAANDER00N Loam 0,00 8009-28280 CAPITAL 'NC CA2AE LWEN 0.00 2000-T8290 BOBART/COMMESICE LOAN 0.00 2009-29150 NET PENSION LIABILITY, 188,812,17 888885855 TOTAL LIABILITIas 8,225,825.0a EQUITY LBEGEs, 3000-34590 RUED RALAWCP-uNRAISETIV/ENDESEG( 30358,838.30) )1000-35890 UNREsTRICTBD NET POSITION I 1147969)0N) TOTAL ESGINNIBE EQUITY )1,483,806.8BI EBERT REVENUE 0.00 TOTAL EXPENSES ( 321 623.38) - 4-12-2018 04:39 PM CITY OF WYLIE PAGE: 2 BALANCE SHEET AS OF: MARCH 31ST, 2018 922-GEN LONG TERM DEBT (NEDC) ACCOUNT# TITLE REVENUE OVER/(UNDER) EXPENSES 321,623.38 TOTAL EQUITY & OVER/(UNDER) ( 4,161,782.92) TOTAL LIABILITIES, EQUITY & OVER/(UNDER) 63,642,14 9112E2015 S 4:41 €4 CITY MR NFLIE. PAGE! 1.. REVENUE AND EXPENSE REPORT _ (UNAUDITED) AS OF: MARCH 3119T, 2018 111:..-WYLIE ECONOMIC 4'1EIMEt....COMP FINtN:1FF. SUMMARY CURRENT 4) C089 NT PRIOR YEAR sIIsT-47: 5"-T—a BUDGET 9 ;F BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE 43FI,.t4CE BUDGET 114)44404 441441FFY TAKES 2,9.31,978,00' 1NE2)992- 0 6,00 2160268.69 R). 1C3 Ia�11U 2?).3`8 1.6 INTERGOVERNMENTAL R1V 0.00 0.80' 9.00 0,00 00 0.90 97.00 0.4 4:. INTEREST .'1'!sISSA91" 1E,5 `E,s88 51,676,96 0.00 67,09,,0B 0,03 ( 93,036.21) 927.7 MISCELLANEOUS ?1T,..414E 1,641E.04,4.)ta: 9,135,21,; 0,00 28,740.21: 9,00 ,577,279.79 1,79 OTHER PINANG/MC SOURCES 8.00 0,4)) 0.00 41,(11 0,24) 4,400E 0,E10' TR:Ta"L REVENUES 4,458,491.89 2+43,89+1,11 11 00' 941,43E37.14 0,00 ,', 1 5 .2 20.71 i-',mr'..44D 41 U0P" °q,,:',^SE°I4£4:.X DEVELOPMENT OR£'—M4141)1 „22E1 4E' 9.,2ST.C12, 24S47,1E7 ICE m C« C,sl 21,31 ,1"71951 4,128.00 3,522,359.19 27m5 TOTAL EXPENDITURES 4,9544,259,00r 260,567.66 0,00 1,312,17E.81 4,72E4.84) 1,42.,1E+5 4'1 27-51 REVENUE OVER/IGNORE) EXPENDITURES 4 406,8)7,124 (s 16,703,60) 0.00 {F 10,37'3.9E)'(; 4,72€4.04)' 21(514 .74 101,99 4-12-2018 0441 PM CITY OF WYLIE PAGE:. REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: MARCH 31ST, 2018 I11-WY1TE ECONOMIC DEVEL CORP REVENUES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET TAXES 4000-40150 REV IN LEIU OF TAXES 0,00 0,00 0,00 0.00 0.00 0.00 0.00 4000-40210 SALES TAX 2,831,474.00 182,852.50 0.00 835,264.63 0.00 1,996,209.37 29,50 TOTAL TAXES 2,831,474.00,474.00 182,852.50 0.00 835,264.630.00 1,996,709.37 � .50 INTERGOVERNMENTAL REV,. 4000-43518 380 ECONOMIC AGREEMENTS 0.00 0.00 0,00 0.00 0.00 0.00 0.00 TOTAL INTERGOVERNMENTAL REV. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 INTEREST INCOME 4000 46050 CERTIFICATE OF DEPOSIT 0.00 0,00 000 0.00 0 00 0.00 0,00 4000-46110 ALLOCATED INTEREST EARNINGS 3,000.00 309.59 0.00 2,440,37 0.00 559.63 81.35 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 4000-461.50 INTEREST EARNINGS 2,502.66 318.67 0. 00 1,205.16 0.,00 1,297.50 48.16 4000-46160 LOAN REPAYMENT (PRINCIPAL) 9,455.22 51,248.09 0..00 54,347.56 0'..00 (:: 44,892.34) 571.79 4000-46210 BANK MONEY MARKET INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL INTEREST INCOME 14,957.88 51,876.35 0.00 57,993.09 0.00 ( 43,035,21) 387.71 MISCELLANEOUS INCOME 4000-48110 RFNT1).1: INCOME 103,200.00 9,135.00 0.00. 59,740.00 0.00 43,460.00 57.89 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 0.21 0.00 0.21 0.00 ( 0.21) 0.00 4000-48430 GAIN/(LOSS) SALE OF CAP ASS 1t502L820.00 _0.00 0.00 ( 31,.000.00) 0,00 1.,533,820,00 2..06- TOTAL MISCELLANEOUS -INCOME 1,606,020.00 9,135:21 0,00 28,740,21 0.00 1,577,279.79 1.79 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 0,00 0.00 TOTAL OTHER FINANCING SOURCES 0.00 0.00 0.00 0,00 0.00 0.00 0.00 TOTAL REVENUES 4,452,451.08 243,864.06 0,00 921,997.93 0.00 3,530,453.95 20.71 4-12-2018 04:41 PM CITY OF WYLIE PAGE: 3 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: MARCH 31ST, 2018 1.1.1.-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 PERSONNEL SERVICES 5611-51110 SALARIES 284,473.00 32,750.19 0.00 137,071.32 0.00 147,401.68 48.18 5611-51130 OVERTIME 0,00 0.00 0,00 0.00 0,00 0.00 0.00 5611-51.140 LONGEVITY PAY 1,309.00 0.00 0„00 1,300.00 0.r:00 9.00 99.31 5611-51.145 SICK LEAVE BUYBACK 0,00 0.00 0.,00 0.00 0.00 0.00 0.0C 5611-51160 CERTIFICATION INCENTIVE 0.00 0.00 0,00 0.00 0-.„:.00 0,00 0,00 5611-51.1.70 PARAMEDIC INCENTIVE 0.00 0.00 0.00 0.00 0>.„_00 0.00 0.90 5611-51210 CAR ALLOWANCE 12,600.00 1,453.89 0„.00 6,092.19 0-.00 6,507.51 48,35 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 0.00 000 0,00 0.00 5611-51310 TMRS 44,996.00 5,213.45 0,00 22,603.78 0.00 22,392.22 50.24 5611-51410 HOSPITAL k LIFE INSURANCE .36,671.00 3,251.16 0,00 19,014.16 0.00 17,656.84 51.85 5611-51415 EXECUTIVE HEALTH PLAN 0.00 0.00 0;03 0.00 0,.00 0.00 0.00 5611-51.420 LONG-TERM DISABILITY 1,622.00 174.82 0,.-.00 577.17 0,.00 1,044.83 35.58 561.1-51440 FICA 18,500.00 2,077.43 0,00 6,428.48 0,.00 12,071.52 34.75 5611-51450 MEDICARE 4,327.00 485.84 0,00 2,016,67 0,00 2,310.33 46,61 5611.-51470 WORKERS COMP PREMIUM 786.00 0,00 0.00 919.48 0,00 366.52 53.37 5611-51180 UNEMPLOYMENT COMP (T7C) 81.0,00 0.00 0;.:00 0.00 0a00 810.00 0.00 TOTAL PERSONNEL SERVICES 410,750.00 15,406.78 0.00 197,851.55 0,00 212,895.45 48.17 SUPPLIES 5611 52010 OFFICE SUPPLIES 16,140.00 260,17 0,00 5,.953.77 0.,00 10,186.23 36.69 5611.-52040 POSTAGE k FREIGHT 980.00 7.15 0.00 133.55 0.00 846.45 13..63 5611-52130 TOOLS/ EQUIP (NON-CAPITAL) 0,00 0.00 0.00 0.00 0:00 0.00 0.00 5611-5281.0 FOOD SUPPLIES 2,250.00 136,49 0.00 1,140.07 0.;00 1,109.93 50.67 5611-52990 OTHER 0,00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL SUPPLIES 19,370.00 403.81 0.00 7,227.39 0.00 12,142.61 37.31 MATERIALS FOR MAINTENANC ._.... .. 5611-54630TOOT,S k EQUIPMENT :0.00 0r00 0=.00 0.00 0.00 0.00 0v00 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 L SERVICES ICES 5611-56030 INCENTIVES 987,069.00 103,355.78 0. 00 402,353.63 0.00 584,715.37 40.76 5611-56040 SPECIAL SERVICES 276,276.00 27,244.62 0. 00 195,874.55 4,728.00 75,673.45 72.61 5611-56080 ADVERTISING 146,355.00 6,095.00 000 22,519.00 0.00 123,836.00 15.39 5611-56090 COMMUNITY DEVELOPMENT 52,350.00 3,993.51 0,00 28,597.82 0.00 23,752.18 54.63 5611-56110 COMMUNICATIONS 9,936.00 512.14 0.00 2,894.13 0.00 7,011.87 29.13 5611-56180 RENTAL 29,328.00 2,449.00 0.00 16,915.98 0.00 12,412,02 57..68 5611-56210 TRAVEL & TRAINING 36,450.00 1,778.06 0,00 9,752.92 0.00 26,697.08 26.76 5611-56250 DUES I S013SCRTP'IIONS 29,598.00 709.32 0,00 18,503.04 0.00 11,094.96 62,51 5611-56310 INSURANCE 3,810.00 0.00 0-.00 2,772.47 0.00 1,03/.53 72.77 5611-56510 AUDIT & LEGAL SERVICES 33,000.00 5,320.00 0„00 21,759.13 0.00 11,240.87 65.94 5611.-56570 ENGINEERING/ARCHITECTURAL 30,000.00 0.00 0.00 0.00 0.00 30,000.00 0.00 5611-56610 UTILITIES-ELECTRIC 4,900,00 185.88 0.00 1,551.56 0.00 3 348.9E 31.66 TOTAL CONTRACTUAL SERVICES 1,639,072,00 151,633.31 0.00 723,494.25 4,728.00 910,849.75 44.43 4-12-2018 04:41 PM CITY OF WYLIE PAGE: 4 REVENUE AND EXPENSE REPORT - (UNAUDITED) AS OF: MARCH 3IST, 2018 111-WYLIE ECONOMIC DEVEL CORP DEVELOPMENT CORP-WEDC DEPARTMENTAL EXPENDITURES CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET 1c 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 1,129,580.93 0.00 5611-57410 PRINCIPAL PAYMENT 441,231.52 50,703.92 0.00 321,642.58 0.00 119,589.94 72.90 5611-57415 INTEREST EXPENSE 139,023.55 12,414.84 0.00 80,968.54 0.00 58,055.01 58.24 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 63,118.76 C.00 402,611,12 0.00 1,607,224.88 20.03 CAPITAL OUTLAY 5611-58110 LAND-PURCBASE PRICE 770,231.00 573,844.35 0.00 573,844.35 0.00 196,386.65 74.50 5611-58120 DEVELOPMENT FEES 0.00 C'" 0.00 0,00 0.00 0.00 0.00 5611-58150 LAND-BETTERMENTS 0.00 0,00 °AO 0.00 0,00 0.00 0.00 5611-58210 STREETS 8 ALLEYS 0.00 0.00 0.00 0,00 0.00 0.00 0.00 5611-58410 SANITARY SEWER 0.00 0.00 0.00 0.00 0.00 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 LOU 1,000.00 0.00 5611-58910 BUILDINGS 0.00 0.8(1 0.00 0.00 0.00 0.00 0.00 5611-58995 CONTRA CAPITAL OUTLAY 0.00 ( 573.844,35) 0,00 ( 573 844.35) 0.00 573 841.35 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 0.00 0,00 0.00 0.00 0.00 5611-59190 TRANSFER TO THORUGHFARE IMP 0.00 0,00 0.00 0.00 0.00 0.00 0 00 5611-59430 TRANSFER TO CAPITAL. PROJ EU 0.00 0.00 0.00 0.00 0.00 0.00 0,00 5611-59990 PROJECT ACCOUNTING 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL OTHER FINANCING (USES) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL DEVELOPMENT CORP-WEDC 4,859,259.00 260,567.66 0.00 1,332,171.81 4,728.00 3,522,359.19 27.51 TOTAL EXPENDITURES 4,859,259.00 260,567.66 0.00 1,332,171,81 4,728.00 3,522,359.19 27.51 REVENUE OVER (UNDER) EXPENDITURES ( 406,807.12) ( 16,703.60) 0.00 ( 410,173.88) ( 4,728.00) 8,094.76 101.99 *** END OF REPORT *** 4-12-4018 4:43 PM DSSTArL LTSTING VENE: 1 DUNN III-MATTE ECONOMIa DevEL CORP PERIOD TO 09E; M&Y-2948 THEW Mar-AA/4 DEPT : 51/ DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52910 T981) 5951-5891° POST DATE TRAM 4 REFERENCE PACKET --HESGBIPTICN-685-'89 VEND /00/4E 4 NOTE PABABENONNT°ET' 4888801ENCNPETE 5611-52010 oFFIcE APATIIIEN BEGINNING BALANCE 50643.60 3413/18 3?1,3 E19044 C08; 045254 8398944 OFC AUBE- oGEEEB BADER 000.452 E44BE BEBE 48.00 5,442.60 1/20210 4/20 E19829 C4141; 095419 98800 BINDER 1440016 000929 061225 WEDC 211.I4 5,854,91 4F6v06860655 MARCH ACTIVITY DET,°, 260.14 G6: cp00 260.15 9011 451919 POSTAGE & FREIGHT BEGINNING BETANCE 126.40 3/19/18 3/19 4419924 111°T; 000909 09834 TENO AQATEWM 0008/2 6277 MAR IA WE GEN1„. 1,15 133.55 00,00,06 ----,9-- MARCH ACTIVITY ITS:;. 7.15 0.00 ,,15 561/-59130 TOOLS/ 9a0alaa 11)oN-CAP/TAL) REWINDING BBTBNGE 9.00 5 5__5________ ------- 5--------5----5-- 55-------- 5--- -55- 591I 558198 110010/ EDDIE - 9100-95199,99 BEGINNING 5A1AN1E 0.09 5511-529I0 A- & COD 5UPP1/65 BEGINNING B ,ALANCE 1,003,,B8 4/19/16 3/19 111990I DFT: 000550 9e431 oerlee tuNaelaoN 090910 9.907 m9918 sATTERw 115.45 1,919.99 aalaila 3/19 A1052/ PET: 000559 98831 WEDC BOARD MTE MEAL 909919 AT44 MARIA WYEENT 21,04 1:149.04 5&/66/6//&606 MARCH ACTIVITY 4144; 196.99 CP: 0.00 136.49 ------- -5---- ----5 5----5-- 5- 5-2 5611-52940 OTHER a EGINHING DATENC E 0,00 951/-54639 TE0131 & EONIPMENT 8MCID514DG DBERNNE 0.99 5611-54810 caMPuTER HARD/SOFTWARE PFIGTNNINn BALANcE 384,50 4-12-2018 4:43 PM DETAIL LISTING PAGE: 2 FUND : 111-WYLIE ECONOMIC REVEL CORP PERIOD TO USE: Mar-201.8 THRO Mar-2018 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS s 5611-52010 TFIRU 5611-58910 POST DATE TRAN # REFERENCE PACKET DESCRIPTION VEND INV/JE # NOTE --AMOUNT-- -===BALANCE- ==_- 5611-54990 OTHER. BEGINNING BALANCE 0.00 5611-56030 INCENTIVES BEGINNING BALANCE 298,997.85 3/02/18 3/02 A09329 CHIC: 09.5073 98405 GET'FT INCENTIVE 3/3 004451 #3 020118 10,000.00 308,997.85 3/02/18 3/02 A09330 CH/C. 095072 98405 ASFE INCEN 3 OF 3 004569 #3 .INCENTIVE 20,000.00 328,997.85 3/26/18 3/26 A10981 DOT: 000551 9899' TAX REIMBURSEMENTS 003019 031118 73,355.79 402,353.63 w ,, MARCH ACTIVITY DB: ].03,355.78 CR: 0.00 103,355.78 561.1-56040 SPECIAL SERVICES BEGINNING BALANCE 168,629.93 3/02/18 3/02 A09327 CHK: 095074 98405 605 COMPS-CLOSR ACTTV 004337 25730 01459.001 3,705.75 172,335.68 3/02/18 3/02 A09328 CHK: 095074 98405 PROF SERV-KIRBY CR1 PROP 004337 25731 014591110 21,534.62 193,870.30 3/13/18 3/13 A10074 CF]K: 095271 98708 605 10142-1-TCEQ 001320 VCP0042411 8E170 86.25 193,956.55 3/13/19 3/13 A10075 CHK: 095271 99708 605 COMM-TCEQ 001320 VCP0042563 v7FCC„ 287.50 194,244.05 3/21/18 3/21 A10692 01)1<: 095434 98886 OFFICE JANITORIAL 002330 434933 157.50 194,401.55 3/22/18 3/22 6.1.0796 CHIC: 095461 98918 QTLY PEST CONTROL 000792 98199 W?,7t.. 95,00 194,496.55 3/22/18 3/22 A10803 C1-IK: 095465 98918 ENVIR-HWY 78 004337 /5463 01479 008 WE 468.00 194,964.55 3/22/18 3/22 A10804 CHK: 095465 98918 ENVIR-KIRBY CITY 004337 25664 111459.010 WE 910.00 195,874.55 w. ,. --- MARCH ACTIVITY DB: 27,244.62 ewR: 0,00, 27,244.62 5611-56080 ADVERTISING BEGINNING B A L..A N C E 1.6,424.00 3/13/18 3/13 A10108 CHK: 095278 98712 IN 6 AROUND -MARCH 000391 16329 WEDC 1,595.00 18,019.00 3/22/18 3/22 A10795 C11K: 095466 98918 ADVERTISING - CONNECTION 000468 8684 WEDC 4,500.00 22,519„00 ,-, -- --,,,, ,, MARCH ACTIVITY ©13: 6,095.00 CR: 0.00 6,095.00 5611-56090 COMMUNITY DEVELOPMENT BEGINNING BALANCE 24,604.31 3/13/18 3/13 A10073 CHK: 095272 98708 STATE OF CITY LUNCHEON 000468 8747 80110 30,00 24,6.34.31 3/13/18 3/13 A10076 CUK: 095273 98708 WYLIE WAY BANQUET SPONSO 001735 030118 WEDC:: 500.00 25,134.31 3/15/18 3/15 A10250 CHK: 095316 98768 CHAMBER BANQ SPONSOR 000468 8'754 WEG0: 1,000,00 26,134.31 3/15/18 3/15 A10254 CHK: 095317 98768 14E115 CORP SPONSOR 003758 031418 WED8",: 700.00 26,834.31 3/19/18 3/19 A10501 DFT: 000550 98831 CREW LUNCH-WATERLINE 000912 8 ,? NJFRIR S1TPF.R8' 50.00 26,884.31 3/19/18 3/19 A10527 DFT: 000550 98834 BOYD RECORDING STUDI 000912 827'r MAR18 43YG;ANT 13.51 26,897.82 3/19/18 3/19 A10527 OFT: 000550 98834 CCIM SPONSOR 000912 621'7 MAR16 WYCMIT 1,500,00 28,397.82 3/22/18 3/22 A10797 CHIC: 095467 98918 PEDAL CAR SPONSOR 001078 ,344 WFD;' 100.00 28,497.82 , . 4-12-2018 4:43 PM DETAIL LISTING PAGE: 3 FUND : 111-WYLIE ECONOMIC DEVEL CORP PERIOD TO USE: Mar-2018 THRU Mar-2014 DEPT : 611 DEVELOPMENT CORP-WEDC ACCOUNTS: 5611-52010 THRU 5611-58910 POST DATE TRAM # REFERENCE PACKET DESCRIPTION------- VEND INV/JE 8 NOTE ---- AMOUNT-==- --BALANCE-- 3/22/18 3/22 A10798 CHK: 09.5463 98918 ROTAR-NTMWD LON SPON 001420 032018 WEDC 100,00 28,597.82 -,-,-,----,---- rn MARCH ACTIVITY DB: 3,993.51 CR: 0.00 3,993.51 --------------------------------------------------------_-------____-------------------------_____-_------------------------------- 5611-56110 COMMUNICATIONS BEGINNING BALANCE 2,381.99 3/13/18 3/13 A10115 111K: 095275 98712 INTERNET SVC 004568 2101577989 FB25-MR 220.70 2,602,69 3/19/18 3/19 A10501 OFT: 000550 98831 TELEPHONE SERVICE 000912 8277 MAR18 SATTERW 177.47 2,780.16 3/22/18 3/22 A10799 CHK: 095464 98918 TABLET SERVICE 001797 822495799/07 FEB18 113,97 2,894,13 MARdI ACTIVITY DB: 512.14 CR: 0.00 512.14 -------------------------------_____------------------------------------_______---------------______—_-_—____________ 5611-56180 RENTAL BEGINNING BALANCE 11,471,98 3/13/18 3/13 A10080 111IS: 095258 98708 COPIER RENTAL 003509 103008 194,00 14,665.98 3/26/19 3/26 A10932 CHK: 095508 98971 OFFICE RENT - APRIL 18 003231 032018 APR18 2,250,00 16,915.98 --=-----,----- --,-, MARCH ACTIVITY DB: 2,444.00 CR: 0,00 2,414.00 ----------------------------------------_---------------------------__---------------------------------______________-_____-__--- 5611-56210 TRAVEL & TRAINING BEGINNING BALANCE 7,971.86 3/19/18 3/19 A10465 OCT: 000550 98823 TEDC REG-GREINER 000912 8277 MAR18 GREINER 400,00 8,374,86 3/19/18 3/19 A10465 DFT: 000550 98823 LEAD, WYLIE-TAXI 000912 8277 MARTS GREINER 9,74 8,384.60 3/19/18 3/19 A1046.5 DFT: 000550 98823 TEDC - AIR- GREINER 000912 8277 MAR18 GREINER 357.96 8,742,56 3/19/18 3/19 A10165 OCT: 000550 98823 UBER - REIMBURSED 000912 8277 MAR18 GREINER 20.02 8,762.58 3/19/18 3/19 7110463 DOT: 000550 98823 TEDC - TAXI- GREINER 000912 8277 MAR18 GREINER 6.51 8,769.09 3/19/18 3/19 A10465 DFT: 000.550 98823 TEDC - TAXI - GREINE 000912 8277 MAR18 GREINER 25,13 8,794,22 3/19/18 3/19 A10465 OFT: 000550 98823 TEDC HOTEL-GREINER 000912 8277 MAR18 GREINER 441,32 9,23.554 3/19/18 3/19 A10465 OCT: 000550 98823 TEDC MEAL-GREINER 000912 8277 MAR18 GREINER 12.31 9,247.65 3/19/18 3/19 A10465 DOT: 000550 98823 BUS MTG - BRE 000912 8277 MAR18 GREINER 36.31 9,284.16 3/19/18 3/19 A10465 DOT: 000550 98823 TEDC MEAL - GREINER 000912 8277 MAR18 GREINER 2,48 9,286.64 3/19/18 3/19 A10501 DOT: 000550 98831 nus MTG-LEGGET,BROK 000912 8277 MAR18 SATTERW 30.62 9,317.26 3/19/18 3/19 7110501 OCT: 000550 98831 BUS MTC-PROJ. STEEL 000912 8277 MAR18 SATTERW 21.90 9,339,16 3/19/16 3/19 410501 DFT: 000550 98831 BUS MTG-CBRE 000912 8277 MAR18 SATTERW 19.27 9,358,43 3/19/18 3/19 7110503 OFT: 000550 98831 BUS 'ITC- JT EVANS 000912 6277 MAR18 SATTERW 42,07 9,400.50 3/19/18 3/19 A10501 DET: 000550 98831 BUS MTC - DCU 000912 8277 MAR18 SATTERW 26.64 9,427,34 3/19/18 3/19 7110501 DFT: 000550 98831 BUS MTG. RP INC 000912 8277 MAR18 SATTERW 31.00 9,458,34 3/19/18 3/19 A10527 DOT: 000550 98834 TEDC HOTEL-SATTER 000912 8277 MAR18 WYGANT 488.13 9,946.47 3/19/18 3/19 711057' DFT: 000550 98834 TEDC HOTEL-CANCEL 000912 8277 MAR18 WYGANT 463.13CR 9,483.34 3/19/18 3/19 7110527 DOT: 000550 98834 TCSC-AIR-BROKAW 000912 8277 MAR18 WYGANT 289,60 9,772,94 3/23/18 3/23 060423 RCPT 00940429 25275 OBER- REIMBURSEMENT 20.02CR 9,752.92 MARCH ACTIVITY DB: 2,261.21 CR: 483,15CR 1,778.06 4-12-2018 4:43 PM DeTAIL LISTING PAGE: 9 FUND : 552—WYLIE, EcoNchmic DEVEL CORP PERIOD TO USE: DA5-2018 THEO 499-2018 1kW :, 611 DEVELOPMENT CORP-19810 ACCOUNTS; 5611- 2010 TARO 56/1-59910 POST DATE TRAK It REFERENCE PACKKI99649T11124EIPIIO4B9T9965 VEND NVI I NOTE 549699AMOUNT5959 HBADAIAMBS---- ---.2.-------.-----------------------------------------------------------------_--_-_-__-_-_-------_-_-_-___---------------------- 5611-55220 PROFESSIONAL CRAIMING DIDOINDING BALANCE 0.00 ----------_---4,---4.---.-------------------------.2-.---......-------_-_-----------------------__-----------.---...4.--..............--------- 56G1-58250 DOSS 5 SUBSCRIPTIONS KEG INNING BAI. ANCE 17,793.72 3,19/19 3619 Al0591 649I: 000550 9E811 GIDE CORP DUES 090912 8277 MARIS SAITERW 700.92 185503.04 B6959356644696 MARCH ACTIVITY 141E64 109.32 CR: Cl I' 109.32 . 5511-55310 INSURANCE BEGINNING, 6. 4LANGS 2,772.47 -------_------_----_-___---..----------------_________-----...........--s---_____-------------.------......-----........................-_-_.--------- S(14-56910 AUDIT 2 LEGAL SERVICES DEGINDIND BALANCE 16,419.13 2613/19 3/93 A19082' C09.: 095259 98709 802 KIRBY-ENV1SV. RIVEN 009997 32906 1°ED17. 2,156.00 19,588..11 3222/19 3/22 A10793 CH114 995969 98918 ATTY FEES-CPA 909923 20 2703-90714 5/68c 100.0.9 10,589,13 3/29/111. 3122 410794 CHM: 099950 98918 III EKES-SCSE 19411411K1 099023 4 2793-009119 KI1De 69.00 18,759,13 3/29/16 5/21 811932 44111/1 095523 59021 FYI 1- WEAVER AUDIT 002692 10355839 WEDc 5,690.90 21,156.13 ---A 9649659K9 MARCH ACTIMITY DK: 5,120.00 C04 0.00 5/320,00 .2_553 3.......2---------- _ _______________________----------------------22.------------------------------------------ 5511 5'55579 61NDIE5188111S/ARGHITSCIVEAL. Bs4.4/ 14NNING BALANcE 0 00. , --------...................-_---------------------------------------------------------------------_-------.--___________________-_------------ 5611-56610 UTILITIES KELECTR711 BEGINNING BALANC K. 1,355,70 5619/15 5/13 249057 C111/4' 995251 011791 WATER - TOO OAK 000101 125099490 I.5131-SKI 29.97 1,396.57 1/22/18 3/22 0,118 1' 1E44 099452 08918 Upl1,TIG24Z-E-9.Ec144c 098102 1171955189 4A5-K13E 93.79 1,489.91 3622/16 3/22 419801 CNE! 095462 98918 DII1,IIII3 -DATER 003902 122-1040-01 SEDIA 19.33 1,596.64 5252/98 5722 3A10802 CHK: 095952 98919 UTILITIES-GAS D03302 1029287065 MARIS 42.94 1,551,56 MASCB ACTIVITY DB: 105.88 CP: 0.00 185.88 5611-511110 DENT SERVICE NIIINII aALANCE 0 00 - --------------------------------------------------------.....-------------------------/----------------------_------__-_-___-.......-__-_ 4-12-2018 4:43 PM DETAIL LISTING PAGE: 5 FUND : 111-WYLIE ECONOMIC D:EVEL CORP PERIOD TO USE: Ma1-2018 THRU Mar-2019 DEPT : 611 DEVELOPMENT CORD-WEDC ACCOUNTS: 5611-52010 THRU 5611-59910 POST PATE TRAM # REFERENCE PACKET --- -DESCRIPTION------------ VEN❑ INV/JE # NOTE --AMOUNT-= --BALANCE -__ 5811-57410 PRINCIPAL PAYMENT BEGINNING BALANCE 270,938.66 3/02/18 3/26 B60426 Bnk Dft 0302.8 16992 1028472 K5M PMT #30 JE# 028472 8,209,42 279,148.08 3/09/18 3/26 B60428 Bnk Dft 030918 16994 1E28474 PEDDICORD/WHITE PM1439 JE# 028474 5,543.39 284,691.47 3/15/18 3/26 R60429 Bnk Dft 031518 16995 JE28475 MB PKWY PMT #43 JE# 028475 12,277.94 296,969.41 3/22/18 3/26 860431 Bnk Dit. 03221.8 16996 JE28477 BUCHANAN PMT #43 JE# 028477 6,929.45 303,898.86 3/22/18 3/26 860432 Bnk DEL 032218 16996 JE28478 EDGE PMT #21 JE# 028479 15,652.82 319,551.68 3/22/18 3/26 B60433 fink Dft 03221E 16996 JE28479 JARRARD PROP #15 JE# 028479 2,090.90 321,642.58 MARCH ACTIVITY CB: 50,703.92 CR: 0.00 50,703.92 5611-57415 INTEREST EXPENSE BEGINNING BALANCE 68,553.70 3/02/18 3/26 B60426 Bnk Dft 030218 16992 JE28472 K&M PMT #30 JE# 028472 535.83 69,089.53 3/09/18 3/26 860428 Fink Dft 030918 16994 Jr28474 PEDDICORD/WHIT@. PMT#39 JE# 028474 1,839,06 70,928.59 3/15/18 3/26 R60429 Bnk Dft. 031518 16995 JE28475 WR PKWY PMT #43 JE# 028475 989.99 71,918.56 3/22/18 3/26 860430 Bnk DLt 032218 16997, JE28476 DALLAS WHIRLPI, PMT #16 JE# 028476 6,222,22 78,140.80 3/22/18 3/26 B60431 Bnk Dft 032218 16996 JE28477 BUCHANAN PMT #43 JE# 028477 402.50 78,543.30 3/22/18 3/26 860432 Bnk DLt 0.32218 16996 :7E28478 EDGE PMT #21 JE# 028478 1,406,99 79,950.29 3/22/18 3/26 360433 Rnk DEt. 03221.8 16996 JE28479 JARRARD PROP #15 JE# 028479 1,018.25 80,968.54 MARCH ACTIVITY DB: 12,414.84 CR: 0.00 12,414.84 5611-57710 BAD DEBT EXPENSE BEGINNINC BALANCE. 0.00 5611-58110 LAND-PURCHASE PRICE BEGINNING BALANCE 0.00 3/12/18 3/13 A1.0048 CHK: 095257 98704 PURCHASE - 1.001. SQUIRE 003164 1913502930 WEDC 563,844,35 563,644.35 3/14/1.8 3/14 A101.65 VOID: 095251 98739 REVERSE VOIDED CHECK 003164 1913502930 WEDC 563,844.35CR 0.00 3/14/18 3/26 A10991. DET: 000552 98999 PURCHASE 1001 SQUIRE 003164 1913502930-1 563,844.35 563,844.35 3/14/18 4/12 B6065: 17097 JE28613 APPLY GALLAGHER DEP JE# 028613 10,000.00 573,844.35 MARCH ACTIVITY DB: 1,137,688.70 CR: 563,844.35CR 573,844.35 5611-58]20 DEVELOPMENT FEES BEGINNING BALANCE 0.00 5611-581.50 LAND-BETTERMENTS 4-12-2019 9'.'90 PM DRT' SIE LISTING PAGE! 6 FUND III-WYLIE ECONOMIC BEVEL CORP PERIOD TO USE: M9E-2010 1983I 3<4ar-204S DEPT 645 DEVELOPMENT GORR-REEF, ACCOUNTS: 5611-52010 TSDU 5911-09010 POST DATE TRAM # REFERENCE PACKET G1 ESC873<1T0454,4s00 BEND IYVOLE P NON. 5BEEFBMOGNTE440,,, soosBALANcE0G00 BEGINNING BANDE E 0000 -------- ---------------------ss- 614-98940 . 8 L[ 381EYS REBINDING BALANCE 0.00 SANITARY RENEE BEGINI4 LNG 9AL, ANCE 0.00 COMPUTED SARRISCIFTWARE BEGINNING, BALANCE 0000 5E11-58930 FURNITURE 3 FIX7'GRES BEGINNING+ BRIARS F. 0.00 5E11-98919 BULLRINGS BEGIDNINC BALANCE 0000 000 7BEO3<9 .649 THIS RETORT!' REPORT TOTALS '' - DEBITS - - CREDITS --- BEGINNING BALANCES: 949,459,39 0,00 REPORTED ACTIVITY: 300.59,9442.70 50403441.5008 ENDING BALANCES: 202720492.11 09943E7,5088 TOTAL FUND ENDING DRERNCE 107080109,91 Wylie Economic Development Corporation Balance Sheet Sub Ledger March 31, 2018 Notes Payable Date of Rate of Principal Purchase Payment Beginning Bal. Principal Interest Interest Balance March 1, 2018 4,007,825.94 ANBTX-88130976 WOODBRIDGE PKWY (#43 of 60) 8/15/14 13,267.93 488,128.05 12,277.94 989.99 2.61 475,850.11 ANBTX-88148481 BUCHANAN(#43 of 60) 8/13/14 7,331.95 128,117.52 6,929.45 402.50 3.77 121,188.07 ANBTX-88149711 PEDDICORD/WHITE(#39 OF 120 12/12/14 7,382.45 525,444.94 5,543.39 1,839.06 4.20 519,901.55 ANBTX-88158043 K&M/HOBART(#30 of 48) 9/2/15 8,745.25 160,748.23 8,209.42 535.83 4.00 152,538.81 ANBTX-88157334 LINDUFF/EDGE(#30 of 36) 10/21/15 17,059.81 425,644.91 15,652.82 1,406.99 4.25 409,992.09 ANBTX-88158357 DALLAS WHIRLPOOL(#16 of 60) 11/22/16 varies 2,000,000.00 0.00 6,222.22 4.00 2,000,000.00 JARRARD GRAYS AUTO(#15 OF 120) 12/1/16 3,109.15 271,534.56 2,090.90 1,018.25 4.50 269,443.66 March 31, 2018 $50,703.92 $12,414.84 3,948,914.29 Wylie Economic Development Corporation Inventory Subledger March 31, 2018 Inventory- Land Date of Pur. Address Acrea a Improvements Cost Basis Sub-totals Cooper McMasters 7/12/05 709 Cooper 0.48 n/a $202,045 Heath 12/28/05 706 Cooper 0.46 $32,005 3,625 186,934 Perry 9/13/06 707 Cooper 0.49 Demo 200,224 Bowland/Anderson 10/9/07 Cooper Dr. 0.37 n/a 106,419 KCS 8/1/08 Cooper Dr. 0.41 n/a 60,208 Duel Products 9/7/12 704 Cooper Dr. 0.50 n/a 127,452 Randack 10/23/12 711-713 Cooper Dr. 1.09 217,500 8,880 400,334 Lot 2R3 7/24/14 Cooper Dr. 0.95 n/a 29,056 _ $1,312,672 Industrial Ct. Ind Ct-Hwy 78 7/06-4/16 Ind Ct-Hwy 78 3.03 1,928,306 Jarrard 12/22/16 201 Industrial Ct 0.29 32,893 3,900 300,493 2,228,799 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 Squire Gallagher 3/14/18 Squire-lot 2-4 2.67 6,000 573,844 573,844 Total 28.30 $876,959 50,974 $8,902,930 $8,902,930 *A Journal entry was made by auditors to adjust the cost of the Hughes land by$4,638.79. This amount was for taxes owed and not part of land value. *Prime Kuts total purchase price was$306,664.45. The distribution between 207 Industrial and R.O.W. purchased was developed by Seller for tax purposes. (**) Costs Basis adjusted for partial sale of property(.28 acres or 22.76% of the property at a cost basis of$170,755.53). WEDC EXECUTIVE DIRECTOR J P MorganChase Expense Report February 2018 DATE PAYEE AMOUNT BUSINESS PURPOSE INDIVIDUALIGROUPS PRESENT 02/06/18 Taco Delight 50.00 Crew Lunch -Waterline Installation n/a 02/07/18 Frankie's 30.62 Bus. Mtg_ Satterwhite, Leggett, Brokaw 02/10/18 Ballard Street 21.90 Bus. Mt Project Steel 02/14/18 Napoli 115.45'Office Lncheon Lawyers, Staff 02/15/18 Club Corp 19.27 Bus. Mtn Satterwhite, CBRE 02/15/18 Club Corp 709.32'Dues&Fees n/a 02/20/18 Frankie's 42.07 Bus. Mtg Satterwhite, JTE 02/26/18 Frankie's 26.84 Bus. Mtg.,, Satterwhite, DCU 02/28/18 Cotton Patch 31.00 Bus. Mtg Satterwhite, RP Inc. 03/02/18 Cytracom 177.47 Telephone Service n/a TOTAL 1,223.94 WEDC Assistant Director JPMorgan Chase Expense Report February 2018 DATE VENDOR PURPOSE AMOUNT 2/5/18Uber Leadership Wylie-Austin 9.74 2/12/18 TEDCTEDC Reg -Greiner 400.00 2/12/18 Southwest TEDC-Air-Greiner 357.96 2/21/18 Jason's Deli TEDC- Meal -Greiner 2.48 2/22/18 Uber TEDC-Taxi -Greiner 6.51 2/23/18 Uber TEDC -Taxi -Greiner 25.13 2/24/18 Westin - Riverwalk TEDC- Hotel -Greiner 441.32 2/23/18 Famous Familglia Pizzaria TEDC - Meal-Greiner 12.31 3/2/18 Chili's BRE 36.31 Total 1,291.76 WEDC Senior Assistant JPMorgan Chase Expense Report February 2018 DATE VENDOR PURPOSE AMOUNT 2/6/18 USPS TCEQ-Certified 715 2/7/18 Walgreens Boyd Recording Studio 13.51 2/9/18 Tickets at Work TEDC Hotel Satterwhite 488.13' 2/20/18 Tickets at Work TEDC Hotel -Satterwhite _ -463.13 2/22/18 CCIM CCIM North Texas Sponsor 1,500.00 2/27/18 Kroger WEDC Board Mtg Meal 21.04. 3/1/18._ American Airlines ICSC -Air- Brokaw 289.60 Total 1,856.30r WYLIE ECONOMIC DEVELOPMENT CORPORATION SALES TAX REVENUE FOR THE MONTH OF APRIL 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% APRIL 154,920 168,844 163,485 -5,359 -3.17% 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 $998,750 -$32,595 -3.16% AUDIT ADJ TOTAL $2,481,757 $2,627,376 $998,750 -$32,595 -3.16% WEDC SALES TAX ANALYSIS $250,000 _ $200,000 _ $150,000 1 ' $100,000 _P .. _ $50,000 ----- $0 ' 1 1 11 E t 1 r -- d_'- _.p. .1 _ p a2i 2 E m Z .... (1) 0 0.) CD -, i a O 8 i 0 (n Z ylie cono ic ) evelo • ent Cor • oration E • - A DU TO: WEDC Board of Directors FROM: Sam Satterwhite, Executive Director SUBJECT: The Rocking M, LLC DATE: April 16, 2018 Issue Consider and act upon issues surrounding a Performance Agreement between the WEDC and The Rocking M, LLC (McClure Partners). Analysis The WEDC entered into a Performance Agreement with The Rocking M, LLC in January 2018 for the sale of WEDC property on Jackson Street and financial assistance to develop a new office building occupied by McClure. Staff has since conveyed to the Board that a health issue with one of the McClure principal partners has delayed the process with neither the Purchase Agreement or Performance Agreement being executed as of yet. The ongoing treatment associated with the health issue should conclude during the first week of May, so McClure will have a better idea as to the status of the project in the next 4—6 weeks. In the event that we do move forward (which is the current thought), McClure has proactively submitted construction plans to the City of Wylie Building Department for review. Staff anticipates a clear direction to be established by the end of May. At that point, staff will present to the Board amended performance measures relating to the timing by which McClure must complete the project. On a related topic, the Board has discussed for some time parking and alley improvements on Ballard street. The parking lot has been delayed for some time due to an active project which may require the abandonment of the construction project. The alley from Jefferson to Brown(just east of Ballard Street) has been delayed by staff due to an estimated cost of$125,000 - $150,000 in addition to the three office projects the WEDC was pursuing in the area failing to materialize. Back to the McClure project, staff proposed that the WEDC shift its 'alley monies' to the unimproved right-of-way behind the proposed McClure office project. In staff s opinion this would be a much more efficient use of WEDC funds in that it would immediately benefit the McClure project, impact the WEDC lot fronting Birmingham, and facilitate the redevelopment of the lot immediately north of the WEDC lot on Jackson owned by Mr. Allen. WEDC—McClure April 16, 2018 Page 2 of 2 Staff believes the above referenced cost estimate will apply to the proposed alley between Oak and Marble. An aerial of the proposed alley is attached for your review. Recommendation Staff recommends that the WEDC Board of Directors reallocate funding for alley improvements to benefit office development and other commercial properties on Jackson and Birmingham. Attachments Aerial ' sus. _ .. v k ‘ _ = „ :. :::: ,:1-4:1:0:7:::',' ._I_,..,::,,f,,:,:iliz 4.,.:,_ _ir :",_,_:,,,, 09- ..,.-;_ fi'rclf-15-:—,1,-_-ii-;;;:::::_:__ _ :::,..,„,,,._ ,_. __ _ ,.._ _, ,,,__ .....______ ____. ____ _ _ , ,_ ,„,„" , ____ .. ____ _ __ ___ ____ . ____, .___.__________ :„..._....... ......,_ ___ ___, _ _ __ ,„ _ .. ,.... ,., .„,,,„ . _,__ _ _ . _. . ,........„ 1„..0.„,..._ „__ , _ _ , e_ii, ----= .„___ _„______ . _ ____ _______„_ _ , , , ..„__ ____, , . __ . << ,q __ e OI-R s':_� eaz _ ter` < - ;3 _ ' ' il - 04 - _ 4,-,-11:,,i1) _- - -Rfm:w-,-r---,w4.-at - SY s g s y -yam _ - :.- I -_ - - (IeS _._:_-,__,:42, _ :0__.,,..::._: ., =_ __ ,4.,;.!_:_;......,111',- $ _ te ¢ ID ea " ?��< I>- - aYm i',e 'Y' .F' " ' _-___ ems" _- _ - - - `�- $-= _ :fit'=_ - , ylie cono is I evelos ent Cor s oration E • - A DU TO: WEDC Board of Directors FROM: Sam Satterwhite, Executive Direct() SUBJECT: Hooper-Woodbridge II, LLC DATE: April 18, 2018 Issue Consider and act upon a Performance Agreement between the WEDC and Hooper-Woodbridge II, LLC. Analysis As the Board will recall, Mr. Aaron Lanman previously completed Phase I of his medical office park which is located at 501 Woodbridge Parkway,near the intersection of Woodbridge Pkwy and Hensley Lane. Mr. Lanman finished Phase I in 2009 and recently announced plans to construct Phase II of the project. Phase II will include real and personal property improvement in the form of a 5,599 square foot medical office facility. As previously discussed in Executive Session, Mr. Lanman approached the WEDC inquiring as to the potential for assistance with Phase II of the project specifically relating to utility infrastructure. Mr. Lanman has committed to have a Building Permit issued by the City on or before June 1,2018 and complete construction of the building as evidenced by Certificate of Occupancy by February 28, 2019. Based upon comparable office concepts in the area and appraised value of the same, Building 2 will create approximately $828,000 in new value (utilizing conservative real and personal property values) and generate approximately $158,000 in net benefits to the City over a 10 year period. The net benefit is determined by calculating all property taxes and fees received by the City less the cost of utility/governmental services. Once the improvements are taxed at their full value, factoring in the incentive provided,the return on investment will be 3 months. As directed by the Board in Executive Session, a Performance Agreement is attached for review providing for a $20,000 incentive package for infrastructure assistance. As per the Agreement, Lanman will receive a $20,000 infrastructure reimbursement in one payment upon receipt of Certificate of Occupancy with receipt of documentation by WEDC supporting a minimum project cost $750,000. Recommendation Staff recommends that the WEDC Board of Directors approve a Performance Agreement between the WEDC and Hooper-Woodbridge II, LLC. WEDC—Hooper-Woodbridge II April 18, 2018 Page 2 of 2 Attachments Performance Agreement Site Plan Elevations PERFO ' NCE AGREEMENT Between WYLIE ECONOMIC DEVELOPMENT CORPO ' TION And HOOPER-WOODBRIDGE II, LLC This Performance Agreement (this "Agreement") is made and entered into by and between the Wylie Economic Development Corporation (the "WEDC"), a Texas corporation organized and existing under the Development Corporation Act of 1979, as amended from time to time (the "Act"), and Hooper-Woodbridge II, LLC, a Texas limited liability company (the "Company"). RECITALS WHEREAS, the Company is desirous of making real and personal property improvements in the form of a 5,500 square foot medical office building (the "Project"). The project will have an estimated project cost of Seven Hundred Fifty Thousand Dollars ($750,000) and will be located on Lot 2, Block A of the Lanman Addition, generally located at 501 Woodbridge Parkway in Wylie, Texas (the "Facility"); and WHE ' AS, the Company has requested that the WEDC provide economic assistance to facilitate the construction of the Facility and the related improvements by providing cost reimbursement for the proposed improvements (the "Improvements"); and VVHE ' AS, the WEDC has determined that it is in the best interest of the public and the City and promotes the purposes authorized by the voters of the City of Wylie for which the WEDC was established to encourage the development and use of business properties within the City; and WHE ' AS, for the public purpose of promoting economic development and diversity, increasing employment, reducing unemployment and underemployment, expanding commerce and stimulating business and commercial activities in the State of Texas, and the City of Wylie, the WEDC desires to offer economic assistance to Company as more particularly described in this Agreement. NOW, THE ' FO ' , for and in consideration of the promises, covenants and agreements set forth herein, the receipt and sufficiency of which are hereby acknowledged, the WEDC and Company agree as follows: I. Economic Assistance. Subject to the terms of this Agreement, the WEDC will provide the Company economic assistance in an amount up to, but not to exceed Twenty Thousand Dollars ($20,000.00) (the "Economic Development Incentives"). The Economic Incentives will be paid per the criteria set forth herein with the WEDC's obligation to pay the Economic Development Incentives terminating on February 28, 2019. Upon meeting the qualifications and requirements (the "Performance Requirements"), the Company shall be entitled to the following Economic Development Incentives: Page 1 of 5 518822-1 Economic Development Incentive Payment Schedule: Expected Cost of WEDC Cumulative Eligibility Year Incentive Improvements Incentive Incentive Expiration 2019 No. 1 $750,000 $20,000 $20,000 2/28/19 II. Requirements for Reimbursement Incentive. a. Incentive No. la: An Economic Development Incentive of Twenty Thousand Dollars ($20,000) will be paid to Company upon completion of the following Performance Requirements for Incentive No. la: 1) Receipt of documentation by WEDC of a Building Permit for no less than a five thousand five hundred (5,500) square foot medical office building issued by the City of Wylie no later than June 1, 2018, approval of said documentation at the sole and absolute discretion of the WEDC; and 2) Receipt of documentation by WEDC of a Certificate of Occupancy for no less than a five thousand five hundred (5,500) square foot medical office building issued by the City of Wylie no later than February 28, 2019, approval of said documentation at the sole and absolute discretion of the WEDC; and 3) Receipt of documentation by WEDC supporting a minimum project cost of the Seven Hundred Fifty Thousand Dollars ($750,000) 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 a minimum cost of Twenty Thousand Dollars ($20,000) for the construction of Qualified Infrastructure (more specifically improvements to water, sewer, & storm sewer utilities); 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 February 28, 2019. III. WEDC Payment of Reimbursement Incentives. Supporting documents must be submitted to the WEDC not more than thirty (30) days from the eligibility expiration. Subject to the terms of this Agreement, the WEDC shall pay the Reimbursement Incentives within approximately forty-five (45) days of receipt of the required documentation from the Company, subject to verification by the WEDC that the Performance Requirements have been met by the Company. Page 2 of 5 W:\Board\20I8\4-18-I8\HOOPER-WOODBRIDGE II-Performance Agreement DOC IV. Non-Attainment of Performance Requirements. In the event that the Company does not meet or exceed a Performance Requirement as specified in Section II, the WEDC Economic Development Incentive will be voided in advance of payment in addition to all future Economic Development Incentive payments being voided at the sole discretion of the WEDC. The Company will not be eligible to receive an Economic Development Incentive payment if documentation supporting Performance Requirements are not received by WEDC prior to the Eligibility Expiration Date. Company will be notified in writing in the event a Performance Requirement is not met and have thirty (30) days to cure said default. V. Economic Assistance Termination. The Agreement may be terminated by mutual agreement of the parties or by either party, upon the failure of the other party to fulfill an obligation as set forth in Section II above. Regardless of the Company's level of attainment of the Performance Requirements set forth in Section II above, the WEDC's obligation to pay a portion or all of the Reimbursement Incentive will expire in full on February 28, 2019. VI. Employee Hiring, Materials and Supplies Purchase. Although not an event of default or a condition to any advance in the Agreement, WEDC requests that the Company satisfy its need for all additional employees from Wylie residents and purchase all materials, supplies and services necessary to affect the renovations and subsequent occupancy of the leased office space from Wylie merchants and businesses. VII. Community Involvement. Although not an event of default or condition of any advance hereunder, the Company agrees to actively participate in community and charitable organizations and/or activities, the purpose of which are to improve the quality of life in the City of Wylie, Texas, and to actively encourage its City of Wylie employees to be involved in such organizations and/or activities. VIII. Verification and Compliance. The Company will allow the WEDC to audit necessary Company's records, documents, agreements and other instruments in furtherance of the following purposes: (i) to ensure the Company's compliance with the affirmative covenants set forth in this Agreement; (ii) to determine the existence of an Event of Default under the terms of this Agreement; (iii) to ensure compliance with any other terms and conditions set forth herein or any related documents. IX. Cessation of Economic Assistance. Notwithstanding anything herein to the contrary, WEDC shall have no obligation to disburse WEDC Economic Incentives if the Company becomes insolvent, files a petition in bankruptcy or similar proceedings, or is adjudged bankrupt, is delinquent on any property tax payments, or an Event of Default under the terms of this Agreement occurs. X. Non-Payment of Economic Assistance. The following will constitute an Event of Default: the Company becomes insolvent, makes any materially false statements to the City and/or the WEDC, fails to pay ad valorem taxes, any event of bankruptcy, or files suit against the City and/or the WEDC. Page 3 of 5 W:\Board\2018\4-18-18\HOOPER-WOODBRIDGE II-Performance Agreement.DOC XI. Miscellaneous. a. This Agreement shall inure to the benefit of the parties hereto and shall not be assignable by Company without the prior written consent of the WEDC, which consent may be withheld by the WEDC in its sole and absolute discretion. b. This Agreement shall be construed according to the laws of the State of Texas and is subject to all provisions of Vernon's Ann. Civ. St. Art. 5190.6, which are incorporated herein by reference for all purposes. In the event any provision of the Agreement is in conflict with article 5190.6, article 5190.6 shall prevail. c. This Agreement contains the entire agreement of the parties regarding the within subject matter and may only be amended or revoked by the written agreement executed by all of the parties hereto. d. This Agreement shall be governed by the laws of the State of Texas and is specifically performable in Collin County, Texas. e. Any notice required or permitted to be given under this agreement shall be deemed delivered by depositing the same in the United States mail, certified with return receipt requested, postage prepaid, addressed to the appropriate party at the following addresses, or at such other address as any part hereto might specify in writing: WEDC: Samuel D. R. Satterwhite Executive Director Wylie Economic Development Corporation 108-C W. Marble Wylie, Texas 75098 With copy to: Abernathy, Roeder, Boyd and Joplin,P.C. 1700 Redbud Blvd., Suite 300 McKinney, Texas 75069 Attention: Mr. G. Randal Hullett COMPANY: HOOPER-WOODBRIDGE II, LLC Attn: Aaron J. Lanman, Managing Member 119 N. Ballard Wylie, TX 75098 With copy to: Page 4 of 5 W:\Board\2018\4-18-I8\HOOPER-WOODBRIDGE II-Performance Agreement.DOC By the execution hereof, each si I tory hereto represents and affirms that he is acting on behalf of the party indicated, that such party has taken all action necessary to authorize the execution and delivery of the Agreement and that the same is a binding obligation on such party. EXECUTED this day of April, 2018. WEDC: WYLIE ECONOMIC DEVELOP T CORPORATION By: Samuel D. R. Satterwhite,Executive Director COI : HOOPER-WOODBRIDGE II,LLC, a Texas liabilitY comPany By: Aaron J. Laturtan, Managing Mernber Page 5 of 5 W:\Board\2018 1,4-18-18\I-100PER-WOODB' 11 GE II-Performance Agreement.DOC W. gMitliii g,N JJ'A'44,1h. Ni 4J;Ix4 I , 11E 24,0x ',:bvil , irtg rarr61 et ki, 4 , ai Wiik .,..„._ 2 J , 1 if kx ai 4440 I: : J 1 I J j i JJ 1 , hH I -- / --,-... • °it 11' / --'' 4 - : ------''' / ''," r $$i $ i / /1-,4$$$9 7 1 i i / i Lii '''''''' '* , ''... / 'NNE, \ ' k I ill. 1 ‘ / " 11 EEE k,,,, -E., k„, k„,,,,,/Ekk„,,,„k„ ' ., •!,,,,,, -: t 4 1 1 1 1 : 1 / - --- ---- ,- „„ „„ S !, \\\\ 14, 1 , 's,„,r ,,, \ 1 7.717 i 111 1 1 1 1 1 --1 ' 1 EA . 't E • -E E 2.." ., . . :'. 2, ;i'; iv 3k &- 2-Fig2 g" 9 " l' :E 'm k ELT Ea' ija! ig OF! 42 , -- - Vo4 1! 41 ib f O.LI!SI :i1 N,,Ip 1: 2 iii 1.1 : ii i 1 P; 5 51 g'Zii ;51 q: F!'l 15' :14 ; 15 i 'tg '1, Y F45 Hi 4.. la —t 4, 1 e,s, PJ: di al154.:7 ti. y; fa, 2, isi, 45.• ,' 21 : 1 I i il 1;11 de tgeg: f5 11 11 i '4 1,4 E 421 ,- ,E R. il F., ; 14 t E S- =E lila Wi Itri,I5' g Willi F50 / 8 44. 4 .4. 'VI i e„ i 4, 1 . ti W Risj it, r. li 2 ; 2 Id .`gs. riS a 1 Bit V ''''' WOODBRIDGE MEDICAL OFFICE 114 flb LOT 2,BLOCK A a It ., AISPIFIRS CITY OF WYLIE flit m, 0 g f COLLIN COUNTY,TEXAS ENGINEERING t 2 C' Ill t i lig \!.. PAVING&HORIZONTAL CONTROL PLAN 1 ^Mu 1 AE NP4 .En< 4hn p b i , "F„� .,.t�' t tl ¢��y I u r , yTJ� *M J $ " y � d 1 it Yni $ rY N % d 9), 11,1 ore,,, q w ;II dl , ,,',P,',,'Itl,:ill:,,''''it''''''',i';'''\' ,,!it,',''' �+n I� 1 4 V ,, , t rl }lF 14 �p 14 s m y b a... pIG „„ P,..: bk Vim. I $ e 'iiiiiia .1) )I —.4444444,141 d ' $ , M 1 ! nb '' ` rya ) %',,, Ntir ¢t� _ - )r NIP L" „, ti I r ��,,, w N . � P$ C�, = $ 40 J 1 I d i N .m 1 v f , p J M F I I I ql III a % .I rit J d, x rl h n% ry • I. 4 .1) deb '�n. yM fI d ti S pp rypD 92 +� N 9 HOOFER- x b fi WOODBRIDGE SHELL �'''. $_ N � f 1'1 ifs studio°� .V s+� HOOFER PONINVODEODGE PRWY x :51 O �✓ MIX.TX lSOi5to pY x'mv a•�Gmu O WEM HOOFER-WO00lRIfE Oo LLC �Y P.O.lOR 125 i � ... ... WTIJE,TX 75O!! 3 ::, „„, :,., ryz,4,-,1",, :,,,,,', '07,4r,ti74,,,ttitt,tt„,,,,,,,,,,,,,,„,,,,,7,,,,,,t: II '\1 Ittlittitt,t,,t,.,tattlo,,,,,,i,,,,,, .„,„„,,,,„,,,,,,„ iitii,,ttottlt,A,,,,to,ttito tit.,,,,,t,,,,,,,,,,,,,,:, tItititt''7:.Ftt,,t,t1,,,o:,,.7..,'H,t',',,.!:'t.,,,!!:,,,,, ,,,,,,.,, , I avicttfittrtAttnt.,.,,,,tt 7,,,,,t,„,,,,, 7,-,7,„ti*,,,tiltottit t„.,,,t,.,t„t..-,1„,„ Agt,tit.40,,,,,,,,t.,„*„,,,,,7,„„,..7...,,,„,,,,,:t,,„ li,,,,OY oo,„-0,1 0 , ...,„,.'',Olti't At,,it,!,•:,,:::1,!!:',7,:.....,''...,..,,,,:.,:L,;!':'...•.;i'li,,,,: 0 Alr,"Ii#01111• 1411:,:''''::'''''''':,,',:',::71„::',,,:O o rlfot,1 ",, 41;iii,:il.:„:„,,,,),:.„•,,,,,o':o o::',„,,i,!„,!,!::,,.',„-1,,..?':,„,,,,,'''.,,o.,„ no„ '''''.ii„,„:„I'41,: „,„,,,,,,.'—'''-','it,:',4,';'''.„::','„'„:::,'„,''Io o!':!,,L',. •,..„,,,'.!,,,:,:.',„,,,„,...",'':„, . i,i311'::,'.''.::: '"..',.""iikt:'i",,:','"'".:."":,.',''''''",',','i:"",":",'"'"":•L'..r"'::.":".'",„,",":""'„,:„.,,..::.",",,:.,:,..".'",,",, .. ...,,k,,A i 4.'4'.,,:,,r,„"' oo,:,•,,,.o„,,'"',..„F,',,,,T o i,..,,,o„.„,',,!',,,,,.„,,,o.„„,o'o,o. :i!.„r,,-p,...:47, ',P.".'.:0!:!::r..',"„„1"";„,.".".""'.: ,":'"„,,,'"!•,,,",,',:"":,,,„„„ .',..,,...'....,,,.."'.,'"'"4:.F, '‘.. tii'*•\'4"lit''''Y'I'''ttritillik.':'6:'::44' .''1:.'..,'.:,',,'!,',":'.'.',',:::.',I:'1'..''.'1','1'';'''.''..,..'',''''.'::'!:H.:,:.'!'':'''''';'..':,':i':'''''':'::i.''''''''!'",,,':::':,'.4':.:':'''''':.'''''.1:.'.!.: kit Itt ..-'.... ...4,1,1;,',". ','':, ': '''''''..:' ''."I'.''' !," .;1' ., .4 0. .....: ,.:,. tittlitiVIONO':;,.:"",:''''"'„"'":":"'"".:"'''''''" I t,.. 1 illtti:, ,,,,,,,,-,,„.,„.: ..,,,,,,,m,,,,,,...:,.,::.!.:,,,",„","',...,„1."'.4r 4 ,f ,, ''''..,4' '';''triAlf "!:':',,';::''',,' a'",'•':"'"''.- A,...t,,„,„ „,,„ . , 'ifilli.',,-:,',,,k•.:11,',...ivi.1,,,',:,9 :-' 1 1 ,. :'IiiPlAtrAitittliLiM1.*',!":'''''.,. :.:...,'',':.,.•, ;..,:',',:...il,1 1:;:iliftlg„itLe..:'.1.::;iiii'',:,:'':::',,':' /3 4 t, X. ... Jr :: 1 ...,. A I, J ,,, .,..''.i ia g T P g ...t._s, P Z ._,,,,... ig ' 1 , --- HOOPER- • 0, ,..,. . :,. WOODBRIDGE SHELL ; g I g! ! i k x i 1 ,:., * > g 2 . WilJE.TX 75056 03 1.4 cn WENT:140011WWCODBMGE er,LIC r,„„‘, 111111111 Eli! 1 ",,,,' j,„'S_.ft..,_Ud7710 ' - • ••••4 .A. i 8 . YiTII:°:%"°X-,W°°°"17:01:1'M" ylie cono ic I evelo ent Cor s oration E 0 - A DU TO: WEDC Board of Directors FROM: Samuel Satterwhite, Executive Director SUBJECT: Staff Report DATE: April 16, 2018 Issue Staff report: review issues surrounding WEDC Performance Agreement Summary, Environmental Activity Summary, Highway 78 WEDC Pad Sites, 544 Gateway Property, Cross Development, ICSC 2018, 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, Cross Development, DANK Real Estate, DCU, Exco Extrusion Dies, MIKTEN, REVA Hospitality, Ronald P. and Carole A. Trout, SAF Holland, and Woodbridge Crossing. As an FYI — staff has reached out in writing to REVA Hospitality to confirm they are aware of their obligations under the Performance Agreement. REVA has already defaulted on a 12-31-17 CO requirement and has until 6-30-18 to meet the last CO deadline under the current Agreement. The Trout project has met all obligations with staff preparing to process Payment One under the Agreement. Woodbridge Crossing Attached for the Board's review is the Sales Tax Reimbursement Report which identifies all sales taxes received through March 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. WEDC- Staff Report April 16, 2018 Page 2 of 3 $4,905,459.09 in reimbursement has been earned through March 2018 with net receipts of $4,178,292.34 after reimbursements. As well, it is estimated that $4.7 mm has been paid in ad 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, $107,552.12 was generated in sales tax in January 2018 versus$100,990.41 in January 2017. This represents a 6.5% increase over 2017 receipts. It is estimated that the City of Wylie and WEDC financial obligations to the Woodbridge Crossing project will conclude within the First Quarter of 2019. Woodbridge Centre Within the Kroger-anchored center, $11,977.02 in sales tax was generated in January 2018 with $2,994.26 subject to reimbursement. January 2018 sales represents a 15% increase over 2017. 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 active remediation projects with W&M Environmental. Previous reports detailed all projects with W&M dating back to February 2015. While staff will maintain these records so as to provide a clear understanding of what it took to remediate multiple projects over the years, the Board will only be provided with updates on active projects from this point forward. Further, the Summary will be updated to include the Gallagher environmental work and all future environmental activities which may or may not be performed by W&M. Hwy 78 WEDC Pad Sites The WEDC is under contract with SCSD-Finnell, Ltd. for the sale of ±1.54 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 confiuined 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 WEDC staff and EDGE Realty. SCSD-Finnell Platting will be complete on May 22nd or June 12th. Closing should take place shortly thereafter. Staff sees no outstanding issue which could prevent closing. 544 Gateway Property Staff had mentioned partnering with the City of Wylie to loop the water line on F.M. 544 which will serve the Gateway property. This improvement will not only serve the WEDC/City property, but provide more reliable service to businesses within Cooper Drive. As staff understands it, should there be a water main break in the ‘Starbucks area', it would be a challenge to serve the WEDC- Staff Report April 16, 2018 Page 3 of 3 businesses on Cooper Drive. That same situation will apply to the Gateway property if there is a break west of our site. The City Engineer has provided an estimate of$150,000 for this project with $50,000 in design, materials, and installation and$100,000 for a KCS preferred contractor to bore under the railroad right-of-way on 544. Staff will be placing this item in the upcoming FY 2018 —2019 for further consideration. Cross Development Staff was informed that Cross Development closed on the sale of the Capital One bank site on Highway 78 which Cross purchased in December of 2016. While staff has not been in contact with the new owner, it is our understanding that the building will be retrofitted for a personal services business. ICSC 2018 ICSC planning is underway with the Wylie team being led this year by Mr. Greiner. The Retail Coach (TRC) has started setting appointments with developers and brokers that represent various retailers. Staff has started setting up appointments with brokers, various asset managers, and leasing staff in our market. Staff has ordered new 2018 traffic counts and we're waiting on updated layouts/site plans for both InvenTrust and Clark Street properties. TRC will finalize our marketing flyers over the next few weeks. In addition to meetings with developers/retailers/brokers, staff will be identifying various educational opportunities that are available at the upcoming conference which will provide attending Board Members a better understanding of the development process. WEDC Promotional Activity Included in your packet is the report on usage of Mavericks tickets. For many years the WEDC has utilized these tickets as a networking tool with existing and prospective Wylie projects. The WEDC has historically purchased approximately 25%of the season ticket package. This year half of our ticket group will not be renewing with the WEDC discontinuing its commitment as well. Regional Housing Starts Sixty-one homes were permitted in Wylie for the month of March 2018. Sachse, Lavon, Murphy permitted a combined six with Inspiration permitting twenty-nine over the same period. No action is requested by staff for this item. Attachments Performance Agreement Summary W&M Activity Report Promotional Activity Log Regional Housing Permits Outstanding Performance Agreement Summary Company Performance Obligations Expiration Incentive Comment/Notes B&B Theatres Phase I -CO 56,000 sf, 12 screen theater; documentation of$600,000; documentation of 'total expend.for land, improvements and personal; 1 'property of$10,000,000. 12/31/2013 $100,000 Paid ;Cumulative valuation amended to$7,300,000 12/31/2014 $25,000 Paid 41 12/31/20151 $25,000 Paid I 12/31/2016 $25,000 Paid 12/31/2017; $25,000 . Paid 12/31/2018 $25,000 Total Incentive not to B&B Theatres Sales Tax Reimb. Qrtly Sales Tax Reimbursement equal to .005 12-18jAnnually exceed $600,000 Cross Development Purchase and take title to the Property by 3/20/18. Complete plans and submit for approval; Commence Construction of Multifamily Units by 8/1/18. ] Complete construction of Retail Space and at least 3,200 sf of Restaurant space and obtain Certificate ,of Completion by 9/1/20. fi Provide documentation to WEDC on or before evidencing consttruction costs for Phae One of $32mm by 9/1/20 9/1/2020' $250,000 CSD Woodbridge Phase I -Acquire property for 110,000 sf Kroger by 1 7/31/2016; CO by 3/31/2014 3/31/2014i $100,000 Paid Phase II-CO for 120,600 sf retail space ; Sales tax (completed) 3/31/2014 ._ reimburse quarterly Phase III -CO for 127,600 sf retail space Sales tax; (completed) 3/31/2017 reimburse! quarterly Outstanding Performance Agreement Summary 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. 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 cr. 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 jfull-time employees. 1/31/2020 $22 900 13. 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. Outstanding Performance Agreement Summary 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 $51,324 -- 1.b. Certificate of Occupancy, 11,200 Sq ft $19,311 paid building, Receipt of documentation supporting to Company; construction of a gas line at the easternmost $32,013 paid property line, letter frm Atmos Energy asserting to Company's that improvements installed to Atmos Standards Utility and available to other customers. 8/1/2018 Contractor 2. Minirrurn valuation of$1,200,000 for real and personal Property; current on ad valorem taxes, continuous operations at 2774 Capital. 8/1/2019 $12,500 3. Minimum valuation of$1,200,000 for real and personal Property; current on ad valorem taxes, continuous operations at 2774 Capital. 3 8/1/2020 $12,500 Exco Extrusion Dies(Texas), Inc. A. CO on 30,000 sf building 2/24/2016, $87,000 Paid B. On an annual basis maintain appraised value of $7.55 mm, maintain Texas as principal place of business, employ 20 full time employees 2/24/2017 $20,000 Paid 2/24/20181 $20,000 Paid 2/24/2019 $20,000 Outstanding Performance Agreement Summary 2/24/20201 $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 for 5 years. 2017-2021 $350,000 1 Forgiveness#2 -2-24-18 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. 10/31/20181 $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. 10/31/2019 $10,000 REVA Hospitality IA. 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 50%of Occ. Not to exceed $350,000 payment) 12/31/24 Tax Reimb. total incentive Ronald P.and Carole A.Trout A. Certificate of Completion 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; I documentation of minimum cumulative development cost of$340,000; current on ad valorem taxes. 12/1/2018 $7,500 SAF Holland A. Tax Incentive: Outstanding Performance Agreement Summary Maintain on property,taxable personal property owned by Company valued at or above 50%of BPP $14,375,324 (Tax Threshold). j tax paid in excess of Tax 1/31/2019'Threshold. Maintain on property, taxable personal property owned by Company valued at or above 1$14,375,324 (Tax Threshold). 1/31/2020 1 Maintain on property,taxable personal property !owned by Company valued at or above $14,375,324 (Tax Threshold). 1/31/2021 B. Employee Incentive: r " IEmploy up to 45 full-time employees over 133 (Employee Threshold). One time payment of $1,000/emp $1,000 per new employee added. BPP valuation over requirement waived (first year only). 12/31/2017 Threshold Employ up to 45 full-time employees over 133 $1,000/emp (Employee Threshold). One time payment of over $1,000 per new employee added. 12/31/2018 Threshold Employ up to 45 full-time employees over 133 $1,000/emp (Employee Threshold). One time payment of over Not to exceed$45,000 $1,000 per new employee added. 12/31/2019 Th re shold total incentive. Woodbridge Crossing 'Phase I. CO for Initial Phase including a Super 65%sales tax reimb 2009 Target by 8/1/09. 8/1/2009 r 2013; 85%sales tax reimb No further performance requirements. Default declared reducing maximum incentive from $12 Reimbursement mm to $6 mm. 2021° spreadsheet attached Woodbridge Crossing Sales Tax Reimbursement Report Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period Wylie (1%) (0.5%) (0.5%) Total Rate (%) Reimbursement Reimbursement Reimbursement Oct-09 Dec-09 $17,612.55 $8,806.27 $8,806.27 $35,225.09 0.85 7,485.33 $14,970.66 $22,455.99 Nov-09 Jan-10 21,995.30 10,997.65 10,997.65 43,990.60 0.85 9,348.00 18,696.01 28,044.01 Dec-09 Feb-10 40,289.26 20,144.63 20,144.63 80,578.52 0.85 17,122.94 34,245.87 51,368.81 Sub-Total 159,794.21 33,956.27 67,912.54 101,868.81 Jan-10 Mar-10 16,017.96 8,008.98 8,008.98 32,035.92 0.85 6,807.63 13,615.27 20,422.90 Feb-10 Apr-10 18,392.59 9,196.29 9,196.29 36,785.17 0.85 7,816.85 15,633.70 23,450.55 Mar-10 May-10 24,382.07 12,191.03 12,191.03 48,764.13 0.85 10,362.38 20,724.76 31,087.13 Sub-Total 117,585.22 24,986.86 49,973.72 74,960.58 Apr-10 Jun-10 16,991.53 8,495.76 8,495.76 33,983.05 0.85 7,221.40 14,442.80 21,664.19 May-10 Jul-10 19,588.24 9,794.12 9,794.12 39,176.48 0.85 8,325.00 16,650.00 24,975.01 Jun-10 Aug-10 24,662.64 12,331.32 12,331.32 49,325.28 0.85 10,481.62 20,963.24 31,444.87 Sub-Total 122,484.81 26,028.02 52,056.04 78,084.07 Jul-10 Sep-10 18,344.56 9,172.28 9,172.28 36,689.12 0.85 7,796.44 15,592.88 23,389.31 Aug-10 Oct-10 20,401.73 10,200.87 10,200.87 40,803.46 0.85 8,670.74 17,341.47 26,012.21 Sep-10 Nov-10 22,301.22 11,150.61 11,150.61 44,602.43 0.85 9,478.02 18,956.03 28,434.05 Sub-Total 122,095.01 25,945.19 51,890.38 77,835.57 Oct-10 Dec-10 18,800.19 9,400.10 9,400.10 37,600.38 0.85 7,990.08 15,980.16 23,970.24 Nov-10 Jan-11 25,735.09 12,867.54 12,867.54 51,470.17 0.85 10,937.41 21,874.82 32,812.23 Dec-10 Feb-11 42,668.92 21,334.46 21,334.46 85,337.83 0.85 18,134.29 36,268.58 54,402.87 Audit Adjust. Oct-10 5,065.71 2,532.86 2,532.86 10,131.42 0.85 2,152.93 4,305.85 6,458.78 Sub-Total 184,539.80 39,214.71 78,429.42 117,644.12 Jan-11 Mar-11 18,295.33 9,147.66 9,147.66 36,590.65 0.85 7,775.51 15,551.03 23,326.54 Feb-11 Apr-11 25,185.02 12,592.51 12,592.51 50,370.04 0.85 10,703.63 21,407.27 32,110.90 Mar-11 May-11 39,822.31 19,911.15 19,911.15 79,644.61 0.85 16,924.48 33,848.96 50,773.44 Sub-Total 166,605.30 35,403.63 70,807.25 106,210.88 Apr-11 Jun-11 33,456.49 16,728.25 16,728.25 66,912.98 0.85 14,219.01 28,438.02 42,657.02 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 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 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 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 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 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 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 Woodbridge Crossing Sales Tax Reimbursement Report Page 4 Filing Allocation City of 4B WEDC Applicable WEDC City Total Period Period W lie (1% (0.5%) 0.5% Total Rate (%) Reimbursement Reimbursement Reimbursement 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 Aug-16 Oct-16 63,826.65 31,913.33 31,913.33 127,653.30 0.65 20,743.66 41,487.32 62,230.98 Sep-16 Nov-16 59,856.95 29,928.48 29,928.48 119,713.90 0.65 19,453.51 38,907.02 58,360.53 341,218.68 55,448.04 110,896.07 166,344.11 Oct-16 Dec-16 52,217.94 26,108.97 26,108.97 104,435.88 0.65 16,970.83 33,941.66 50,912.49 Nov-16 Jan-17 71,458.61 35,729.30 35,729.30 142,917.21 0.65 23,224.05 46,448.09 69,672.14 Dec-16 Feb-17 92,409.12 46,204.56 46,204.56 184,818.23 0.65 30,032.96 60,065.92 90,098.89 432,171.32 70,227.84 140,455.68 210,683.52 Jan-17 Mar-17 50,495.21 25,247.60 25,247.60 100,990.41 0.65 16,410.94 32,821.88 49,232.82 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 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 46,027.2540 Aug-17 Oct-17 57,759.81 28,879.91 28,879.91 115,519.62 0.65 18,771.94 37,543.88 56,315.8148 Sep-17 Nov-17 68,437.68 34,218.84 34,218.84 136,875.36 0.65 22,242.25 44,484.49 66,726.7380 346,809.86 56,356.60 112,713.20 169,069.8068 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 Jan-18 Mar-18 53,776.06 26,888.03 26,888.03 107,552.12 0.65 17,477.22 34,954.44 52,431.66 Feb-18 Apr-18 0.00 0.00 0.00 0.65 0.00 0.00 0.00 Mar-18 May-18 0.00 0.00 0.00 0.65 0.00 0.00 0.00 107,552.12 17,477.22 34,954.44 52,431.66 Totals 9,083,751.43 1,635,153.03 3,270,306.06 4,905,459.09 Note: Anticipated completion date for$6 mm incentive obligation -First Quarter 2019 CSD Woodbridge Centre Sales Tax Reimbursement Report Filing Allocation City 4B WEDC WEDC Period Period 1.00% 0.50% 0.50%0 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 99946 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 $1 9,49810 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 Jan-16 Mar-16 5,383.48 2,691.74 2,691.74 $10,766.95 $2,691.74 CSD Woodbridge Centre Sales Tax Reimbursement Report 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 5,988.51 2,994.26 2,994.26 $11,977.02 $2,994.26 Sub-Total $117,991.00 $29,497.75 Total $1,301,765.27 $325,441.32 Active Environmental Program Tracking Kirby-Former CRI Project Total: 26,111.92 Contract$46,700 910.00 11/30/17'. Labor: Frank Clark, Michael Henn 788.00 12/31/17 Labor: Frank Clark, Clay Snider 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 1/31/18 Subcontractors 11.16 ' 1/31/18 Misc. Supplies 659.50 1/31/18 Vehicle / Equipment _.. .. .. . . N. :. _ ,.. _.�,... as Labor: Frank Clark,Trudy Hasan,Joshua Hopper,Samuel Lewis, Clay 2,005.30 2/28/18 1Snider 874.00 2/28/18, 'Laboratory 26,111.92 Spent Contracted Total WEAM Expenditures: $26,111. 92 I$46,700 WEDC Promotional Activities 201.7-2018 Mavericks Tickets Date Attendees October 2, 2017 ECD, LP (Preseason) October 23, 2017 TGB Group, Edge, John T. Evans November 11, 2017 Coventry Reserve -Auction Donation November 17, 2017 Deanan Gourmet Popcorn November 18,2017 Wylie Elite -John Von Runnen December 2, 20171 SAF Holland December 4, 2017 Heath & Heath December 18, 2017 NAI -Andrew Shaw January 7, 2018 Edge Realty January 13, 2018 Finnell Group January 24, 2018 UCR Development January 26, 2018 Whisenant Properties February 10, 2018 UCR Development March 10, 2018 Edge Realty April 10, 2018 Inventrust WEDC Activity Log Prestonwood Country Club DATE WEDC CONTACT BUSINESS CONTACT DESCRIPTION OF CHARGE AMOUNT 3/2/18 Satterwhite Project 5000 Dining & Golf 248.83 3/19/18 Satterwhite Project 20-20 Dining 35.96 3/31/18 Satterwhite n/a April Dues& Fees 701.74 ._ , 986.531 Regional Housing Permits Wylie Lavon 10 11 12 13 14 15 16 17 18 10 11 12 13 14 15 16 17 18 9 4 January 8 2 4 5 4 6 2 12 2 January28 20 16 18 14 46 February 18 9 El 14 20 ElE 36 54 February 7 11 * 2 5 11 6 5 1 7 March 20 28 18 III 30 gm'' 43 ® 61 March 8 3 6 3 17 8 3 0 1 April E 18 29 38 10 mug 70 • April 13 1 12 24 7 11 1 1 May 26 18 20 26 68 101 45 ® May 8 1 0 9 17 4 4 11 June 24 19 ®EI 9 III 58 98 III June 12 9 2 5 12 5 1 7 July ® 20 19 18 29 36 34 60 III July 11 2 3 1 14 12 1 1 August 24 16 20 19 19 30 'DUU August 12 9 6 3 1 5 0 12 September E 81/1 24 18 46 III September, 0 6 7 6 2 7 0 5 October 16 28 30 26 Mill Ella MIMI October 14 4 2 1 9 5 0 0 November 14 18 20 ® 42III November ', 5 5 3 2 1 2 0 14 December® 10 16 El 65 38 39 181111 December 1 7 1 4 5 6 0 40 TOTAL Ca 201 230 236 280' 409 507 IMI TOTAL 99 60 48 68 100 77 17 104 10 Mu oh Sachse 10 11 12 13 14 15 16 17 18 10 11 12 13 14 15 16 17 18 January 14 4 7 26 13 1 12 5 0 January go' 8 Ei 18 14 16 4 in February 15 3 14 4 5 5 4 2 6 February 10Elm 8 29EIDE 9 March 15 9 6 6 8 4 5 4 0 March Ell 9 Emig 24 ®®® i April 12 8 10 23 1 3 8 1 April El 8 inggio 24 Elall si May 5 11 14 7 7 2 2 0 1 May E gi 10 6 DEMI June 13 6 19 15 6 7 4 0 June �' 8Ell 14 16 38 Dom July 7 7 16 7 22 4 2 8 July mu 14 30 ®®�� August 3 4 13 15 16 2 21 0 August 14 a 19 10 29 41 El 8 ■ September 7 4 10 10 3 3 6 0 SeptemberlIMEEMMEI 20 Mill October 8 3 16 16 4 0 2 0 October ® 8 Eti 18 Ei 1 29 10 ■ November 7 3 17 5 5 2 6 0 November 4 6 9 ED 26 la 6 II December 9 8 7 15 4 0 1 1 December 6 111 10 III I 39 I 12 MEIN, TOTAL 115 70 149 149 94 33 73 21 6 TOTAL mcioca'' 280 260 Imom 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 27 29 71 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 Railroad Addition, Lot 15R-0.402 ac 2 lots 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 Woodbridge 21 - 104.174 ac-367 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 Mansions at Wylie Seniors- 13.125 ac 1 Lot Schupbach Estates-0.633 ac. 2 Lots Wooded Creek Phase 2 Amenity Center- 0.512 ac 1 Lot 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 Bozman Farms Phase 5-69.071 ac 198 Lots Geckler Addition - 14.274 ac 1 Lot Inspiration Phase 3 and 4- 107.83 ac Reyes estates-3.61 ac 2 Lots Russell Addition -0.16 ac 1 lot Creeks Crossing -3.187 ac 2 Lots Oaks Addition -0.304 ac 1 lot Keeley's Corner ETJ -5.421 ac Keller's 2nd Addition -0.289 ac 1 lot Kingdom Court Phase 1- 11.048 ac-10 lots Serene Villas- 21 ac 67 with 3 lots Creekwood Estates - 15.717 ac 20 Lots New Haven at Wylie -3.1 ac 1 lot J Cubed Addition 1.841 ac LewisRanch Phase 128.58 ac 97 lot Creekwood Country Estates -21.34 ac 22 lots Bozman Farm Phase 7-77.3695 ac 195 w/3 open Redwood at the Lake Phase 2-30.58 ac Southside Addition -0.6428 ac ylie cono ic I evelo I ent Cor I oration E • ' A DU TO: WEDC Board of Directors FROM: Sam Satterwhite, Executive Director. SUBJECT: Future Agenda Items DATE: April 10, 2018 Issue Discussion of issues to be placed on future WEDC Board Meeting agenda (no substantial consideration/discussion allowed). Analysis During this Discussion Item, Board Members will have the opportunity to propose that an issue be placed on a future agenda for consideration. The Board will note that no substantial consideration/discussion is allowed so that there will not be a violation of the Open Meetings Act which requires discussion/action items be placed on Agenda's with specific language as to what will be discussed. For example, the above language will allow a Board Member to present a request for a certain item to be placed on an agenda for consideration, but not the ability for the same Board Member to argue the merits of the issue. Conversely, another Board Member may not discuss the merits as to why they may not want that particular item on a future agenda. Recommendation This Item is for discussion only and will provide direction to Staff. No formal action is allowed.