07-17-2019 (WEDC) Minutes mutes
Wylie Economic Development Corporation
Board of Directors Meeting
Wednesday, July 17, 2019 —6:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78— Wylie, Texas
CALL TO 0' PER
Announce the presence of a Quorum
President Bryan Brokaw called the meeting to order at 6:31 a.m. Board Members present were
Demond Dawkins, and Gino Mulliqi.
Ex-officio members Mayor Eric Hogue and City Manager Chris Hoisted 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 Demond Dawkins gave the 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 June 19, 2019 Minutes of the Wylie
Economic Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by Demond Dawkins and seconded by Gino Mulliqi to
approve the June 19, 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 approval of the June 2019 WEDC Treasurers Report.
Staff reviewed the Treasurers Report and called the Board's attention to the following highlights:
Sales Tax Receipts were flat this month with just 0.53% increase over 2018 receipts for the same
period. To date, FY 2018-2019 Sales Tax receipts are up 15.13% over FY 2017-2018.
WEDC—Minutes
July 17, 2019
Page 2 of 6
During the month of June, the WEDC drew$66,988 in loan proceeds to pay earnest money for the
KCS property which is anticipated to close in November. The majority of the Travel & Training
expenditures for ICSC were paid in June and an incentive was paid to Professional Plumbers Group
in the amount of $26,000 thus finalizing the WEDC's obligations under the terms of the
Performance Agreement.
MOTION: A motion was made by Gino Mulliqi and seconded by Demond Dawkins to
approve the June 2019 Treasurer's Report for the Wylie Economic
Development Corporation. The WEDC Board voted 3 — FOR and 0 —
AGAINST in favor of the motion.
ITEM NO. 3—Consider and act upon approval of the FY 2019-2020 WEDC Budget.
As discussed during the June 19, 2019 Board Meeting, Debt Service has been adjusted to reflect
interest only payments from July 2019 through December 2019 which will impact three payments
within the proposed budget. The structure of the budget has also changed as impacted by Council
approval of Performance Agreements for incentive programs.
Staff discussed that previous WEDC budgets reflected'fixed' expenditures addressing operational
needs, debt service, and previously approved incentive programs. All remaining monies were
allocated to 'Future Projects' within Incentives to be earmarked for future/unanticipated incentive
programs. With Council approving all incentive expenditures, staff believes that this 'Future
Projects' line item is no longer efficient. To enhance transparency, once a project has been
approved by the Board and subsequently Council,a Budget Amendment will be processed by staff
to clearly track and identify the expenditure associated with the project. Staff noted that the budget
identifies Revenues of$793,853 in excess of Expenditures which would in prior years be identified
as Future Projects.
Staff informed the Board that the attached budget was presented to Council on 7-11-19 with no
questions or comments from Council. Staff will be prepared and present however should Council
have questions or require clarification at future Budget Work Sessions.
MOTION: A motion was made by Demond Dawkins and seconded by Gino Mulliqi to
approve the FY 2019-2020 WEDC Budget as presented. The WEDC Board
voted 3 —FOR and 0—AGAINST in favor of the motion.
ITEM NO. 4—Consider and act upon issues surrounding the Election of WEDC Officers.
The Wylie City Council recently reappointed Mr. Bryan Brokaw and appointed Mr. Gino Mulliqi
to a three-year term as Members of the Wylie Economic Development Corporation Board of
Directors. Both Members were sworn in by the City Secretary's office on June 25, 2019.
Staff reminded the Board that on an annual basis following the selection of WEDC Board Members
by the Wylie City Council,the WEDC elects officers for the upcoming year per Section V-Officers
of the WEDC By-laws.
WEDC—Minutes
July 17, 2019
Page 3 of 6
The WEDC Board elected officers for 2019-2020 as follows:
Bryan Brokaw President
Todd Wintters Vice President
John Yeager Secretary
Gino Mulliqi Treasurer
Demond Dawkins . Board Member
MOTION: A motion was made by Demond Dawkins and seconded by Gino Mulliqi to
elect the following slate of WEDC Officers for FY 2019 - 2020: Bryan
Brokaw — President, Todd Wintters — Vice President, John Yeager —
Secretary, Gino Mulliqi—Treasurer. The WEDC Board voted 3 —FOR and
0—AGAINST in favor of the motion.
ITEM NO. 5—Consider and act upon the establishment of a Regular Meeting Date and Time for
the WEDC Board of Directors for 2019—2020.
Section 4.07 of the WEDC By-laws states that the President of the Board shall set a regular meeting
date and time at the beginning of his/her term. Currently WEDC Board Meetings are set for the
third Wednesday of each month at 6:30 a.m.
With officers elected via the previous Action Item, the WEDC President is required to establish
the Regular Meeting date/time. Due to the absence of 2 Board Members, President Brokaw
requested this item be tabled until the next meeting in order to give every Board Member an
opportunity to provide input.
MOTION: A motion was made by Gino Mulliqi and seconded by Demond Dawkins to
Table this item until the next meeting. The WEDC Board voted 3 —FOR and
0—AGAINST in favor of the motion.
ITEM NO. 6—Consider and act upon issues surrounding a Performance Agreement between the
WEDC and DCU.
Staff explained that Incentive No. 2 associated with the DCU Performance Agreement is due for
consideration by the Board no later than 7-31-19. Within the Performance Measures there is a
requirement for a minimum appraised value of property located at 2774 Capital Street within
Regency Business Park.
Based upon the appraisal process, CCCAD is unable to provide the WEDC with a final appraised
value on this site but has indicated it will be able to provide more definitive data by 7-19-19. Staff
formally requested a 30-day extension of consideration for this issue so that DCU will not be out
of compliance with the Agreement and allow staff additional time to obtain accurate information
on the property.
WEDC —Minutes
July 17, 2019
Page 4 of 6
MOTION: A motion was made by Demond Dawkins and seconded by Gino Mulliqi to
approve a 30-day extension for consideration of Incentive Payment associated
with the DCU Performance Agreement. The WEDC Board voted 3 — FOR
and 0 —AGAINST in favor of the motion.
ITEM NO. 7—Consider and act upon an Agreement between the WEDC and SAF-Holland.
Staff reported at the June 19th Board Meeting and Executive Session of the June 25th City Council
Meeting that SAF-Holland representatives contacted the WEDC for assistance in facilitating the
development of a local training program. WEDC Staff worked directly with SAF-Holland to bring
in Wylie ISD, Collin College, and Workforce Solutions of North Central Texas Council of
Governments representatives to address both SAF's short-term and long-teun objectives.
Staff was able to confirm that with WEDC assistance, Collin College will provide a custom
training program for 20 SAF-Holland employees to 'skill-up' and become certified by taking a 32-
hour MIG welding course.
Staff presented for the Board's review a contract between SAF and Collin College to provide the
above described training at a cost of$23,000. As negotiated by Mr. Greiner with input from the
Executive Director,the WEDC will offset the cost of the program to SAF by 50%up to a maximum
payment of$11,500. Those funds will be paid to SAF following completion of the training and
SAF's payment to Collin College of $23,000. As indicated in previous Executive Session
discussions, the WEDC's involvement in this process (cost) was key to moving the program
forward.
MOTION: A motion was made by Demond Dawkins and seconded by Gino Mulliqi to
authorize the Executive Director to enter into an Agreement with SAF-
Holland to provide a 50%Reimbursement up to $11,500 for the SAF-Holland
Job Training Program. The WEDC Board voted 3 —FOR and 0—AGAINST
in favor of the motion further noting that said Agreement is subject to Council
approval.
DISCUSSION ITEMS
ITEM NO. 8 -Review issues surrounding WEDC Performance Agreement Summary, Hotel
Occupancy Tax, Council Work Session, environmental activity summary, 78/Brown
redevelopment update, active project summary, and regional housing starts.
Staff updated the Board on WEDC projects and activities noting that year-over-year sales tax
receipts received in June for Woodbridge Crossing and Woodbridge Centre increased 19% and
20% respectively.
New Housing starts remained strong with thirty-three new homes permitted in Wylie in June.
WEDC—Minutes
July 17, 2019
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ITEM NO. 9 — Discussion of issues to be placed on a future WEDC Board Meeting agenda
(no substantial consideration/discussion allowed).
No Board Member requested that an item be placed on a future agenda.
EXECUTIVE SESSION
Recessed into Closed Session at 7:30 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 & Alanis
• State Highway 78 & F.M. 544
• State Highway 78 & Cooper
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 2019-5a
• Project 2019-6a
Section 551.074 (Personnel Matters) of the Local Government Code, Vernon's Texas Code
Annotated (Open Meetings Act).
• Performance Evaluation of WEDC Staff
Staff members Angel Wygant and Jason Greiner left the meeting at 8:18 a.m. and returned at
8:45 a.m.
' CONVENE INTO OPEN MEETING
Take any action as a result from Executive Session
The WEDC Board of Directors reconvened into open session at 8:46 a.m. President Brokaw
welcomed Executive Director Sam Satterwhite back from vacation and, on behalf of the Board,
congratulated Assistant Director Jason Greiner on the birth of his daughter.
WEDC—Minutes
July 17, 2019
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ADJOU' NT
With no further business, President Brokaw adjourned the WEDC Board meeting at 8:47 a.,
Bryan,,,Brukaw, President
ATTEST:Samuel Sattem ite, Director