12-20-2019 (WEDC) Minutes Minutes
Wylie Economic Development Corporation
Board of Directors Meeting
Wednesday, December 20, 2019—7:30 A.M.
WEDC Offices—Conference Room
250 South Highway 78—Wylie, Texas
CALL TO 0 ' PER
Announce the presence of a Quorum
President Todd Wintters called the meeting to order at 7:32 a.m. Board Members present were
Demond Dawkins, Gino Mulliqi, and Melisa Whitehead.
Ex-officio members Mayor Eric Hogue and City Manager Chris Holsted were present.
WEDC staff present was Executive Director Sam Satterwhite and Assistant Director Jason
Greiner.
INVOCATION & PLEDGE OF ALLEGIANCE
Board Member Dawkins gave the invocation and led the Pledge of Allegiance.
CITIZEN PARTICIPATION
Marvin Fuller attended the meeting as a citizen and in advance of Mr. Satterwhite's retirement,
expressed his thanks for his service to the community as Executive Director of the Wylie Economic
Development Corporation.
With no further citizen participation, President Wintters moved to Action Items.
ACTION ITEMS
ITEM NO.1—Consider and act upon approval of the December 9,2019 Minutes of the Wylie
Economic Development Corporation (WEDC) Board of Directors Meeting.
MOTION: A motion was made by Gino Mulliqi and seconded by Demond Dawkins to
approve the December 9,2019 Minutes of the Wylie Economic Development
Corporation. The WEDC Board voted 4—FOR and 0 —AGAINST in favor
of the motion.
ITEM NO. 2 — Consider and act upon approval of the November 2019 WEDC Treasurers
Report.
Staff reviewed the Treasurers Report calling the Board's attention to several items. Sales tax
receipts for December were$226,664 representing an increase of 6%over 2018. During the month
of November, the WEDC drew $607,122 in loan proceeds for the purchase of the KCS property
adjacent to the Highway 78 & Brown Street properties. Incentive # la and lb of 3 was paid to
Dank Real Estate (Deanan Gourmet Popcorn) in the amount of$37,100. The relocation of a gas
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December 20, 2019
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line associated with the Jackson Street alley project was completed. A joint Chamber of
Commerce/WEDC luncheon focusing on manufacturing was funded in November. Finally, the
City assessed the WEDC for its share of audit fees for the FY 2018- 2019.
MOTION: A motion was made by Demond Dawkins and seconded by Gino Mulliqi to
approve the November 2019 Treasurer's Report for the Wylie Economic
Development Corporation. The WEDC Board voted 4 — FOR and 0 —
AGAINST in favor of the motion.
ITEM NO. 3 — Consider and act upon a Purchase and Sale Agreement and Performance
Agreement between the WEDC and Taylor& Son, LLC.
Presented for the Board's review was a Purchase & Sale Agreement and Performance Agreement
between the WEDC and Taylor and Son Properties, LLC. The WEDC purchased the +0.17-acre
tract on Birmingham Street from FFA Village, LLC in 2018 for$99,000 and expended$5,500 for
the demolition of the existing structure,thus creating a total cost to purchase of$104,500.
The WEDC Board originally approved this Purchase& Sale Agreement with Taylor on March 20,
2019 with the effective date of the Agreement being May 31, 2019. The Agreement identifies a
180-day due diligence period and a 30-day close. During the Due Diligence period, Taylor was to
provide for WEDC approval a site plan, elevations, and receive all required approvals from the
City of Wylie. Staff indicated that while Taylor had not yet completed these tasks,they were close
on the plans/submittals and still committed to developing this lot.
With Taylor out of compliance per the terms of the Purchase & Sale Agreement and Performance
Agreement, staff recommended that the Board void both Agreements.
MOTION: A motion was made by Gino Mulliqi and seconded by Demond Dawkins to
declare Taylor & Sons, LLC in default and void the Purchase & Sale
Agreement and Performance Agreement between the WEDC and Taylor,
return all earnest monies paid by Taylor& Son,LLC per the Purchase & Sale
Agreement. The WEDC Board voted 4 —FOR and 0 —AGAINST in favor
of the motion.
Mayor Hogue left the meeting at 7:45 a.m. and did not return.
DISCUSSION ITEMS
ITEM NO. 4—Discussion of issues surrounding WEDC Bylaws.
At the request of Board Members Dawkins and Whitehead,the WEDC Bylaws were presented for
the Board's review. The First Amended Bylaws were approved by the WEDC Board of Directors
on March 23, 1999 and by the Wylie City Council on May 25, 1999.
Staff reviewed that there has been discussion at Council level regarding changing term limits for
all Board & Commissions within the City of Wylie to allow for more turnover and thus greater
participation by citizens willing to serve. On January 14, 2020 a Resolution will be presented to
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December 20, 2019
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Council which will limit Board and Commission Members to serve no more than three (3)
consecutive terms. Staff further commented that while the Resolution may not apply to the 4A
WEDC and Parks & Recreation 4B Boards being that those legally autonomous entities are
governed by separate Bylaws, should Council ultimately provide direction to the WEDC Board
that a three consecutive term limitation is in the best interest of the City, the Board should take
formal action to change its Bylaws at its Regular Meeting in February. Board Member Mulliqi
commented that while he could understand the benefit of having extended terms for the WEDC
Board based upon the long-term projects the WEDC undertakes, he thinks that nine years is a
reasonable limitation and would support that change.
Staff commented that since amending the Bylaws seems imminent, possibly clarifying
qualifications to serve as a Board Member could be addressed. Specifically, the qualification of
'professional capacity' was discussed as possibly being more clearly defined. The Board debated
the desire to have the most qualified 'executive management' candidates be considered versus
more flexibility afforded to the Boards and Commission Committee with 'professional capacity'
allowed under the current Bylaws.
Finally, staff reminded the Board that there had been brief discussion surrounding the creation of
special standing committees to take on certain tasks as described in Section 6.0 of the WEDC
Bylaws. Should the Board be interested in the creation of standing committees, staff would
recommend that the scope and purpose of the committee be narrowly defined so as to create
specific goals and objectives for the committee and to facilitate the efficient use of time for staff
and committee members.
The Board as a whole reiterated their desire to have a work session with Council to discuss the
above issues and receive input from Council in regard to the focus of WEDC activities.
ITEM NO. 5—Review issues surrounding WEDC Performance Agreement Summary,Hotel
Occupancy Tax,WB Real Estate Contract,thoroughfare impact fees,environmental activity
summary,Brown & 78 redevelopment update,544 Gateway redevelopment update,FM 544
waterline, and regional housing starts.
Staff updated the Board on WEDC projects and activities.
ITEM NO. 6 —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 8:28 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 & F.M. 544
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December 20, 2019
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• State Highway 78 & Ballard
• Jackson& Oak
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 2018-12a
• Project 2019-5b
• Project 2019-1 lb
• Project 2019-11c
• Project 2019-11e
• Project 2019 12-a
Section 551.074 (Personnel Matters) of the Local Government Code, Vernon's Texas Code
Annotated(Open Meetings Act).
• Evaluation of WEDC Assistant Director
RECONVENE INTO OPEN MEETING
Take any action as a result from Executive Session
The WEDC Board of Directors reconvened into open session at 9:10 a.m., took no action as a
result of discussions held within Executive Session, and proceeded to Action Item 7.
ACTION ITEMS
ITEM NO. 7—Consider and act upon the Election of WEDC Officers for the WEDC Board
of Directors.
President Wintters indicated that effective January 1, 2020 he would officially be moving outside
the Wylie City limits and not meet the residency requirements to serve on the WEDC Board.
President Wintters continued that it was an honor to serve with all of the current and past Board
Members and believed the work accomplished is vitally important to the community.
Board Members Wintters asked for a motion to elect new officers.
MOTION: A motion was made by Gino Mulliqi and seconded by Melisa Whitehead to
approve the following slate of WEDC officers: Demond Dawkins —
President, John Yeager — Vice President, Gino Mulliqi — Treasurer, Melisa
Whitehead—Secretary. The WEDC Board voted 4—FOR and 0—AGAINST
in favor of the motion.
ADJOURNMENT
With no further business, President Wintters adjourned the WEDC Board meeting at 9:14 a.m.
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December 20, 2019
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Demond Dawkins,President
ATTEST:
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Samuel Satterwhite,Executive Director