04-05-2019 (WEDC) Minutes Minutes
Wylie Economic Development Corporation
Board of Directors Meeting
Friday, April 5, 2019—6:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78 — Wylie, Texas
CALL TOO ' PER
Announce the presence of a Quorum
President Bryan Brokaw called the meeting to order at 6:33 a.m. Board Members present were
Todd Wintters and John Yeager.
Mayor Pro Tern Keith Stephens and Ex-Officio Board Member City Manager Mindy Manson were
present.
WEDC staff present was Executive Director Sam Satterwhite, Assistant Director Jason Greiner,
and Senior Assistant Angel Wygant.
INVOCATION & PLEDGE OF ALLEGIANCE
Board Member Todd Wintters gave an invocation and led the Pledge of Allegiance.
CITIZEN PARTICIPATION
With no citizen participation, President Brokaw moved to Action Items.
ACTION ITEMS
ITEM NO. 1 —Consider and act upon approval of the March 20, 2019 Minutes of the Wylie
Economic Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by John Yeager and seconded by Todd Wintters to
approve the March 20, 2019 Minutes of the Wylie Economic Development
Corporation. The WEDC Board voted 3 —FOR and 0 —AGAINST in favor
of the motion.
ITEM NO. 2 —Consider and act upon issues surrounding the Election of WEDC Officers.
Board Member Demond Dawkins informed the Board at the March 20, 2019 Board Meeting that
a work-related conflict had arisen associated with his position as Treasurer for the WEDC Board
of Directors. Mr. Dawkins requested that the Board appoint another individual to the Treasurer
role in order to resolve this matter.
WEDC —Minutes
April 5, 2019
Page 2 of 3
As detailed within the WEDC By-laws, the officer duties were presented for the Board's review.
As stated in Section 5.01, any two (2) or more offices may be held by the same person, except the
offices of President and Secretary.
MOTION: A motion was made by Todd Wintters and seconded by John Yeager to
approve a new slate of officers for the remainder of the year ending June 2019
as follows: President - Bryan Brokaw; Vice President - Todd Wintters;
Secretary-John Yeager;Treasurer-Marvin Fuller;Board Member-Demond
Dawkins. The WEDC Board voted 3 — FOR and 0 — AGAINST in favor of
the motion.
DISCUSSION ITEMS
ITEM NO.3-Staff report: review issues surrounding 78/Brown redevelopment project,and
Cross Development Performance Agreement.
Staff provided an update on the North Texas Municipal Water District and Collin County property,
informed the Board that the two Swayze properties were under contract and asbestos remediation
on the nursing home will be completed by the end of the day on 4-2-19. Demolition of the property
began on 4-3-19. Following demolition, Intercon will take down the 'muffler shop' on Marble
Street.
Staff reminded the Board that on February 20, 2019 staff presented a request from Cross
Development for a 90-day extension to the deadlines associated with performance measures as per
Agreements between Cross,the City of Wylie,and the WEDC. The extension was being requested
due to significant rains in Q4 of 2018 which greatly impacted construction. At that time,the Board
indicated that their preference would be to wait until closer to the September 1, 2020 deadlines to
consider extending the deadlines so that any further delay could be considered at the same time.
Cross representatives understood the Board's position but asked that staff take the request back to
the Board for consideration, even if it was acknowledged by all parties in a potential Amendment
that no further consideration would be given to any additional request for an extension.
The Board indicated that since the project is still 17 months from the original deadline and it was
possible, even likely that additional weather-related delays would occur, their preference was still
to wait until closer to the September 2020 deadline to grant an extension. However, if Cross
preferred, the Board would consider an extension which would eliminate the possibility for future
extensions. Staff will bring this issue back to the Board at a future meeting for action.
ITEM NO. 4— 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.
President Bryan Brokaw recessed into Executive Session.
WEDC—Minutes
April 5, 2019
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EXECUTIVE SESSION
Recess into Closed Session at 6:48 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 at:
• State Highway 78 & 5th Street
• State Highway 78 & Spring Creek
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 2013-3a
• Project 2017-6a
* Project 2018-8b
• Project 2019-4a
Todd Wintters left the meeting at 7:08 a.m.
CO NE INTO OPEN MEETING
Take any action as a result from Executive Session
The WEDC Board of Directors reconvened into open session at 7:32 a.m. and took no action.
ADJOU' MENT
With no further business, President Brokaw adjourned the WEDC Board meeting at 7:32 a.m.
B rokaw, President
ATTEST:
Samuel Satterwhite, Director