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GOOD. EVERYTHING'S GOOD. IT'S GOOD. OKAY. ALL RIGHT.

[00:00:03]

THE TIME IS 630. I CALL THIS ECONOMIC DEVELOPMENT CORPORATION.

[(EDC) Board Meeting/(CDC) Board Meeting on January 12, 2026.]

TYPE A AND TYPE B BOARD OF DIRECTORS MEETING TO ORDER. ROLL CALL.

CHAIR CARLSON IS PRESENT. VICE CHAIR. MORALEZ.

PRESENT. SECRETARY GONZALEZ PRESENT. BOARD MEMBER.

SNYDER HERE. BOARD MEMBER. THORNTON HERE. BOARD MEMBER.

PORTERFIELD HERE. BOARD MEMBER. MORRIS. HERE.

ALL RIGHT. WE DO HAVE A QUORUM. ON TO THE PLEDGE.

I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA.

AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

HONOR THE TEXAS FLAG. I PLEDGE ALLEGIANCE TO THEE, TEXAS.

ONE STATE UNDER GOD, ONE AND INDIVISIBLE. ALL RIGHT.

DO WE HAVE ANYONE SIGNED UP FOR PUBLIC COMMENT? NO.

THAT'LL TAKE US TO ITEM FIVE ONE. ALL RIGHT. THANK YOU. OKAY JUST A FEW UPDATES. I WANTED TO MAKE SURE TO REMIND THE BOARD THAT FINANCIAL DISCLOSURES ARE DUE ON MARCH 2ND. SO IT'S THE MONDAY AFTER THE END OF FEBRUARY.

SO TYPICALLY BE ON THE 28TH. THIS IS NOT THE WEEKEND TO THE SECOND.

WE HAD OUR LOCAL GROWTH SUMMIT LAST MONTH. I KNOW THERE WERE SEVERAL BOARD MEMBERS IN ATTENDANCE.

SO IF ANYBODY HAS ANY GREAT TAKEAWAYS TO SHARE FROM THAT, I INVITE YOU TO DO SO NOW.

I HAVE ONE. THERE WAS A GROUP THAT I'M STILL WANTING TO MEET WITH WITH, WITH MEMBERS OF EDC AND ALSO CITY COUNCIL, WHERE THEY ARE TALKING ABOUT GETTING ECONOMIC DEVELOPMENT FOLKS TOGETHER IN ONE ROOM.

THEY'VE BEEN DOING IT BY CITY, BY CITY AND CITY, AS FAR AS IT'S KIND OF SOMETHING OUTSIDE OF EDC.

I THINK IT'S CALLED THE GROWTH SUMMIT. ARE YOU FAMILIAR WITH THAT? I'M NOT. I RECENTLY RECEIVED SOME INFORMATION ABOUT THE LINKED GLEN.

IT SOUNDS SIMILAR. YEAH. SO I DON'T KNOW IF THAT. SO ANYWAY, I WAS GOING TO.

IT'S. SO THEY'RE WANTING TO. THEY WANT TO GET TOGETHER.

EITHER SOMETIME, MAYBE IN FEBRUARY AND HAVE THIS TYPE OF MEETING, BUT I WANT TO MEET WITH OFFLINE.

NOT AT THIS MEETING. SHARE SOME OF THIS INFORMATION.

I TALKED WITH A YOUNG LADY. I GUESS IT WAS FRIDAY, AND I WAS GOING TO GET BACK TO HER TODAY OR TOMORROW ABOUT WHAT WAS THE INITIAL RECEPTION OF DO WE WANT TO EVEN PURSUE THIS AT ALL? AND THEN IF THERE WAS MAYBE GET SOME PEOPLE FROM EDC TO, TO MEET WITH THIS, THIS GROUP AND SEE IF WE WANT TO DO SOMETHING LIKE THAT.

IT'S IT'S BEEN RECEIVED VERY WELL. THEY'RE TALKING WITH TAYLOR.

THEY HAVEN'T GOT ANYTHING SCHEDULED WITH TAYLOR. THEY REACHED OUT TO HUTTO WHEN WE'RE AT THE SUMMIT.

AND SO WHAT'S THE NAME OF THAT GROUP? WAS SORRY.

CAUGHT ME OFF GUARD. OH, IS IT A NEW GROUP? THEY'RE JUST. NO, THEY'RE KIND OF A REAL ESTATE DEVELOPMENT, BUT FOR ECONOMIC DEVELOPMENT, IS IT SMPS? NO, MA'AM. JUST JUST ONE SECOND. IF YOU WANT TO MOVE ON OR.

WELL, MY MY CURIOSITY IS WHAT'S HER NAME? I WANT TO SEE WILLIAM POWELL.

P I P I L E P O W E L L I'LL SEND AN EMAIL OUT.

I DON'T WANT TO TAKE UP ANY FURTHER TIME. THANK YOU.

ANYBODY ELSE THAT WENT TO THE SUMMIT? COMMENTS? FEEDBACK? OKAY. ALRIGHTY. MOVING ON. I WANTED TO SHARE AN UPDATE FROM THE MEGA SITE. THE SKYBOX CAMPUS CONTINUES TO PROGRESS.

THEY'RE LOOKING AT FINISHING OUT BUILDING THREE AND EXPECTING TENANTS IN BUILDINGS ONE AND TWO BEFORE THE END OF THE YEAR.

SO WE'RE EXCITED TO WELCOME THOSE FOLKS TO THE COMMUNITY AND WATCH THAT CAMPUS KEEP ON BUILDING.

SO BUILDING FOUR WILL BE UP NEXT. SO I'LL BE PROVIDING UPDATES AS SOON AS WE HAVE SITE PLANS AND BUILDING PLANS AND THINGS LIKE THAT, SO WE CAN KEEP A GOOD PULSE ON THE PROGRESS OUT THERE AS WELL.

WANTED TO SHARE HOLIDAYS AND THE END TO 2025.

THAT'S OUR HOLIDAY EVENT SERIES. THIS WAS THE BEST SERIES OF THOSE EVENTS THAT WE'VE HAD.

IT WAS THE MOST ATTENDED. WE HAD THE MOST NUMBER OF BUSINESSES PARTICIPATING FOR THE CRAWL.

IT WAS OUR FIRST TIME COMBINING THE MARKET WITH THE DRONE SHOW OUT AT THE AMPHITHEATER.

THAT WENT REALLY WELL. SO A LOT OF NEW THINGS THAT WE DID DIFFERENTLY TO TRY TO IMPROVE THE EXPERIENCE FOR ATTENDEES AS WELL AS THE VENDOR PARTICIPANTS, OUR BUSINESSES AND ALSO EFFICIENCIES FOR CITY STAFF HERE AT CITY HALL.

[00:05:07]

SO REALLY HAPPY ABOUT THAT. SO THANK YOU ALL SO MUCH FOR YOUR CONTINUED SUPPORT FOR THE HOLIDAYS.

AND WE COULDN'T DO IT WITHOUT THE CORPORATION'S COMMITMENT TO THAT.

SO REALLY APPRECIATE THAT. WE ALSO JUST TO SHARE SOME OTHER NEW STUFF FROM THAT.

WE USED A NEW BARRICADE SYSTEM THIS YEAR FOR THE CRAWL, AND THAT INCLUDED A GATE SYSTEM, WHICH WAS WAY BETTER THAN HAVING THE BARRICADES THERE AND HAVING TO OPEN IT EVERY SINGLE TIME SOMEBODY WANTED TO LEAVE OR ENTER THE AREA.

SO THAT WAS REALLY, REALLY NICE. OUR EMERGENCY SERVICES DIRECTOR PUT US IN TOUCH WITH THE NEW BARRICADE COMPANY THAT'S ACTUALLY LOCATED HERE IN THE AREA TO ADDRESS, I THINK, IN OUR ETJ, BUT STILL HAPPY TO USE A MORE LOCAL COMPANY FOR THAT, TOO.

AND IT WAS AN IMPROVED SAFETY MEASURE, TOO, SO WE'RE HAPPY ABOUT THAT.

WE USED A NEW TICKETING PLATFORM THIS YEAR. WE'VE BEEN TRYING TO EVOLVE WITH THE FOLKS THAT ATTEND AND GIVE US THAT FEEDBACK.

LAST YEAR WE TRIED TO USE CIVIC CLERK OR CIVIC REC, EXCUSE ME, WHICH IS WHAT OUR PARKS DEPARTMENT USES TO REGISTER FOR CAMP.

WE'RE LIKE, OH, WE ALREADY HAVE IT. WE'LL USE THAT. WE'LL BE EFFICIENT. BUT IT PROVED TO BE A LITTLE MORE CHALLENGING FOR FOLKS TO TO SUCCESSFULLY NAVIGATE.

SO WE PIVOTED AGAIN THIS YEAR AND THIS WAS A MUCH BETTER FIT FOR THAT EVENT.

SO WE'RE EXCITED TO CONTINUE USING THAT PLATFORM MOVING FORWARD.

WE ALSO HAD A NEW VIP ELEMENT FOR THE CRAWL. WE DID HAVE A SPONSOR FOR THAT, SO THAT WAS REALLY HELPFUL.

THEY SPONSORED THE SPACE AND THEN THE FOOD AND DRINK FOR THAT HAPPY HOUR EFFECTIVELY.

SO REALLY EXCITED TO TO KEEP THAT MOVING FORWARD TO THAT ACTUALLY SOLD OUT BEFORE OUR GENERAL ADMISSION SOLD OUT SUPER FAST.

SO THERE'S DEFINITELY A DEMAND FOR AN ELEVATED EXPERIENCE.

SO WE'RE GOING TO LEAN INTO THAT AND PROPOSE SOME NEW STUFF FOR NEXT YEAR AS WELL.

THIS IS ALSO THE FIRST YEAR THAT WE EXECUTED THE NEW HOTEL OCCUPANCY TAX FUND PROCESS FOR THE MARKET AND FOR THE CRAWL.

SO A LOT OF NEW GOING ON THIS YEAR, AND WE'RE STILL WRAPPING IT UP BECAUSE WE DO HAVE TO DO A POST EVENT REPORT FORM IN COMPLIANCE WITH HOT.

SO ONCE THAT'S DONE, WE'LL HAVE ALL THE DETAILS AND WE CAN SHARE MORE DETAILED REPORT WITH THE BOARD AT THAT TIME AS WELL.

UPCOMING, WE HAVE THE CHAMBER GALA ON THE 24TH.

I KNOW SECRETARY GONZALES AND BOARD MEMBER MORRIS WERE INTERESTED IN ATTENDING.

WAS THERE ANYBODY ELSE? BEFORE WE ROUND OUT THE TABLE? LAST OPPORTUNITY GIVE YOU TICKETS? OKAY. OKAY, PERFECT.

AND THAT IS ALL I HAVE. THANK YOU. TONY. THAT'LL TAKE US TO ITEM 61.

DISCUSS AND CONSIDER ACTION REGARDING AN UPDATE ON SENIOR HOUSING DEVELOPMENT TRAILS AT CARMEL CREEK. YES.

THIS ITEM WAS REQUESTED BY SECRETARY GONZALEZ.

I WAS ABLE TO CONNECT WITH THE DEVELOPMENT COMPANY THAT OWNS AND OPERATES THAT PROPERTY, AND THEY SHARED WITH US THAT THEY'RE NOT MOVING FORWARD WITH THEIR PROPOSAL TO TAKE THE DEVELOPMENT OFF THE TAX ROLLS.

THEY ENGAGED WITH THE CITY AND THEY HAD ENGAGED WITH THE ISD.

AND TO DATE, NEITHER TAXING JURISDICTION WAS IN FAVOR OF REMOVING THEM FROM THE ROLLS.

AND SO THEY'RE GOING TO PIVOT. AND THEY'VE SAID THAT THEY'RE GOING TO INCREASE THE RENTS FOR THEIR RESIDENTS INSTEAD TO HELP OFFSET THEIR INCREASED COSTS.

AWESOME. I DIDN'T KNOW IF THERE WAS ANYTHING ELSE, SECRETARY GONZALEZ, THAT YOU WANTED TO FOLLOW UP ON OR YOU HAD ANYTHING TO SHARE WITH REGARD TO THAT ITEM REQUEST. I WANT TO GIVE YOU THAT OPPORTUNITY AS WELL.

SO MY I HAD A QUESTION ABOUT IT BECAUSE WE HAD TALKED ABOUT CONVERTING IT TO SOMETHING ELSE, AND I DIDN'T KNOW WHERE THOSE DISCUSSIONS WERE.

THAT WAS STILL THE PLAN. BUT IF THE DECISION IS JUST TO RAISE THE RENTS, I MEAN, IT'S NOT THAT LARGE OF A COMPLEX AND IT IS IT IS FOR PEOPLE THAT ARE ON A FIXED INCOME. SO I WAS WANTING TO NAIL DOWN THE LOOSE ENDS ON THAT.

OKAY. ALL RIGHT. THERE IS NO ACTION ON SIX ONE.

I'LL TAKE US TO ITEM 62. DISCUSS AND CONSIDER ACTION ON RESOLUTION R.

DASH. HDC DASH 2026 DASH 001. TO APPROVE A RIGHT OF WAY FOR DUE DILIGENCE.

INSPECTION AND INSPECTION RELATED TO THE RESIDENCE LOCATED ON CORPORATION OWNED PROPERTY AT THE MEGASITE.

ALL RIGHT. THANK YOU. SO THIS IS A BOOMERANG ITEM THIS WAS ON LAST MONTH.

Y'ALL HAD POSTPONED UNTIL AFTER SUCH TIME THAT STAFF COULD CONDUCT AN INSPECTION OF THE PROPERTY.

AS WELL AS PROVIDE MORE DETAILS ON THE LOCATION.

SO IN YOUR MEETING DOCUMENTS, YOU DO HAVE THE ADDRESS, THE LOCATION AND THE INSPECTION REPORT FROM ONE OF OUR BUILDING INSPECTORS HERE AT THE CITY. SO STAFF RECOMMENDATION FOR THIS DEPENDING ON WHAT THE BOARD WANTS TO DO, I THINK I WOULD RECOMMEND JUST APPROVING THE THE RIGHT OF ENTRY. IT DOES NOT BIND THIS CORPORATION TO SELLING THE PROPERTY OR ALLOWING IT TO BE REMOVED.

IT IS SIMPLY FOR THIS PARTICULAR INTERESTED PARTY TO BRING THEIR INSPECTOR AND ASSESSORS ON THE PROPERTY, TO EVALUATE IT FOR FEASIBILITY TO RELOCATE. YEAH.

WHERE DID I SEE? SAID THAT THERE WAS A REPORT IN THE FILE.

[00:10:05]

THE. YES. OH, OKAY. I DIDN'T FIND IT, BUT MAYBE I MISSED IT.

YEAH, IT WAS JUST. ALL I SAW WAS A MESSAGE FROM AARON TO YOU.

IT JUST SAID THEY WALKED IN AND ATTACHED. INCLUDES FEW PICTURES, BUT THERE'S NO PICTURES OR ANYTHING IN IT.

THEY'RE IN THE WORD FILE. THE WORD FILE. ENTRY.

HOLD ON. WHICH WORD FILE? THERE'S ONE. NO. IS IT HCDC OWNED HOMESITE ONE.

THAT'S JUST A PICTURE OF THE AERIAL. IT'S THE 1700 US 79 PROTECTED VIEW.

IT'S THE IT'S THE OUTLOOK ITEM. AND IF YOU OPEN OUTLOOK ITEM, IT SHOULD GIVE YOU THE ATTACHMENT IS THE WORD FILE.

AND THAT'S THE REPORT FROM ERIN. DOES THE ATTACHMENT NOT OPEN WHEN YOU OPEN THE OUTLOOK? I JUST HAVE AN AERIAL OPEN. I OPEN THE OUTLOOK ITEM AND THERE'S NO ATTACHMENT WITH IT.

WAIT. HOLD ON. ON MY OUTLOOK, NOT ON THE WEB VERSION FROM THE LOOKS OF IT.

THAT IS GOOD FEEDBACK BECAUSE I FOUND IT ANYWAY, I FIND IT.

YEAH, I DON'T I DON'T HAVE A PROBLEM. I MEAN, I DON'T NEED TO SEE THE PICTURES.

HONESTLY, AS LONG AS WE'RE PROTECTED, I DON'T REALLY I'M NOT PERSONALLY CONCERNED.

YEAH, I WOULD AGREE. I'LL MAKE A MOTION TO APPROVE.

RESOLUTION HEADACHE 2026001 SECOND. ALL RIGHT.

WE HAVE A MOTION BY BOARD MEMBER SNYDER, SECONDED BY BOARD MEMBER PORTERFIELD.

OPEN IT UP FOR DISCUSSION. HEARING NONE. ROLL CALL, PLEASE.

BOARD MEMBER THORNTON A CHAIR. CARLSON, A BOARD MEMBER.

SNYDER A SECRETARY. GONZALEZ, A VICE CHAIR. MORALES, A BOARD MEMBER.

MORRIS, A BOARD MEMBER. PORTERFIELD. A MOTION PASSES SEVEN ZERO.

ITEM SIX THREE DISCUSS AND CONSIDER ACTION TO APPROVE THE CORPORATION'S MONTHLY FINANCIAL REPORT FOR DECEMBER 2025.

GOOD EVENING, BOARD. CHRISTINA BISHOP, ASSISTANT FINANCE DIRECTOR FOR THE CITY.

I'LL TRY AND BE QUICK ON THE CADENCE OF THE MEETING.

THE FINANCIAL STATEMENTS, AS USUAL FRIDAY AFTERNOON FOR YOUR REVIEW.

REALLY, THE MONTHLY ACTIVITY WAS PRETTY ROUTINE, SO NOTHING IS REALLY VARYING WITH OUR EXPECTATIONS FOR THE FIRST QUARTER.

SO NOTHING TO REALLY REPORT THERE. A COUPLE OF OTHER FINANCIAL NOTES, THOUGH, IS WE DID RECEIVE OUR COMMITMENT LETTER FROM ALLIANCE BANK FOR THE RENEWAL OF THE LOAN OVER FIVE YEARS AND A SLIGHTLY MORE FAVORABLE INTEREST RATE THAN WE DISCUSSED LAST EXECUTIVE SESSION.

CHENEY HAS THAT PAPERWORK IN THOSE TERMS FOR DISCUSSION IN EXECUTIVE SESSION AND EXECUTION, IF THAT'S WHAT THE BOARD WOULD LIKE TO DO. I ALSO UPDATED THE QUARTERLY CASH FLOWS THAT REFLECT THE REVISED TERMS OF THE LOAN.

SO AGAIN, IF THAT'S SOMETHING YOU WOULD LIKE TO REVIEW IN EXEC, CHENEY HAS THAT AND THOSE ARE READY FOR REVIEW.

FINALLY, THERE WAS A REQUEST LAST MONTH FOR MORE DETAILS ON THE CURRENT INCENTIVES WITH THE EDC.

AS MENTIONED, IT'S REALLY HARD TO PRINT ALL THE DETAILS.

SO I JUST SENT THE EXCEL SPREADSHEETS SO YOU CAN EXPAND THE ROWS AND SEE SOME MORE DELIVERABLES AND THINGS OF THAT NATURE.

I'LL CONTINUE TO TIDY THAT UP AS IT BECOMES MORE USABLE.

BUT OTHER THAN THAT, I'M HAPPY TO ENTERTAIN QUESTIONS. I THINK THE TRACKING LOOKS GREAT.

I WOULD EXPAND ON THE CIRCUIT DEVELOPMENT ONE, JUST BECAUSE THE ONE WITH SPROUTS IS THREE DIFFERENT MILESTONES FOR THEM TO GET MONEY, PLUS A PLUS A SALES TAX. AND THEN I DID HAVE A QUESTION.

IT'S MORE, I GUESS, WOULD TALK ABOUT IT, I THINK, IN THE BACK AND EXECUTIVE SESSION, BUT WITH AS.

64 KR. 119 I GUESS IF WE CAN TALK BACK THERE, IF IT'S POSTED, RIGHT.

TO UNDERSTAND WHERE WE'RE AT WITH SOME OF THE CONCERNS OF THEIR PAYMENT.

ARE WE ABLE TO JUST PULL SIX THREE AND DO IT? YES, ABSOLUTELY. OKAY. I THINK THAT'S THE EASIEST WAY TO DO IT. THAT WAY WE'RE COVERED. ALL RIGHT.

ANY ANYTHING ELSE? ALL RIGHT. I DON'T THINK THERE'S NO ACTION ON SIX THREE.

SO THAT'LL TAKE US TO ITEM SIX FOUR OR EXCUSE ME, DISCUSS AND CONSIDER ACTION TO APPROVE THE MINUTES FROM THE REGULAR OR FROM THE REGULAR MEETING ON DECEMBER 8TH, 2025. MOTION TO APPROVE.

SECOND. ALL RIGHT. WE HAVE A MOTION BY VICE CHAIR MORALES, SECONDED BY BOARD MEMBER MORRIS.

[00:15:08]

OPEN IT UP FOR DISCUSSION. HEARING NONE. ROLL CALL PLEASE.

BOARD MEMBER. MORRIS. AYE. SECRETARY GONZALEZ.

HI. CHAIRMAN. CHAIR. CARLSON, I BOARD MEMBER.

SNYDER. A BOARD MEMBER. THORNTON. A BOARD MEMBER.

PORTERFIELD. AYE. VICE CHAIR. MORALES. AYE. MOTION PASSES SEVEN ZERO.

CHAIR, IF I MAY. PRIOR TO CALLING EXECUTIVE SESSION, STAFF WOULD REQUEST THAT ITEM 6381 AND EIGHT TWO GET PULLED INTO EXECUTIVE SESSION TO ALLOW FULL DISCUSSION OF THOSE ITEMS. OKAY. OUR LEGAL COUNSEL, IS THERE ANYTHING SPECIFIC WE NEED TO DO ON THAT OR IS THAT OKAY AS IS? NO, I THINK JUST STATING IT OKAY. SO WE'RE GOING TO TAKE SIX FOUR, EIGHT ONE AND EIGHT TWO AND EXECUTIVE SESSION.

EXCUSE ME. 636381 AND A1 AND A2. ALL RIGHT. SO THE BOARD WILL NOW RECESS THE OPEN MEETING AND RECONVENE EXECUTIVE SESSION PURSUANT TEXAS GOVERNMENT CODE SECTION 551071 DURING CONSULTATION, SECTIONS 551087 ECONOMIC DEVELOPMENT 551072 REAL PROPERTY DELIVERY AND SEEK LEGAL ADVICE REGARDING THE FOLLOWING ECONOMIC PROJECTS.

PROJECTS. PROJECTS THREE. THE PROJECT PROJECT.

ORCHARD PROJECT. CORE PROJECT. PROJECT. PROJECT. PROJECT.

SHRINE AND PROJECT. SOLAR POTENTIAL. REAL ESTATE TRANSACTION. INCENTIVE AGREEMENT FOR HOSPITALITY. THE LOAN FOR COTTONWOOD PROPERTIES. THE PLANNING AND DEVELOPMENT OF COTTONWOOD PROPERTIES AND ANY RELATED INCENTIVES. PROFESSIONAL SERVICE AGREEMENT WITH THE CITY OF POSSIBLE LITIGATION WITH MIDWAY. SALES TAX SHARING AGREEMENT BETWEEN THE CITY OF HUTTO AND WILLIAMSON COUNTY EMERGENCY SERVICES DISTRICT NUMBER THREE. USE OF EMINENT DOMAIN FOR ECONOMIC DEVELOPMENT AND THE EVALUATION OF AVAILABLE CORPORATE FUNDS FOR INCENTIVES AND ADDITION TO ITEM SIX, 381 AND EIGHT TWO.

THE TIME IS. 647.

ALL RIGHT. THE TIME IS 950, AND WE HAVE RETURNED FROM EXECUTIVE SESSION.

WITH THAT, WE NEED TO RECALL ITEM SIX THREE. DISCUSS.

CONSIDER ACTION TO APPROVE THE CORPORATION'S MONTHLY FINANCIAL REPORT FOR DECEMBER 2025.

MOTION TO APPROVE. ENTERTAIN A MOTION. ANYONE.

ANYONE. SO MOVED. THERE YOU GO. SECOND. ALL RIGHT.

WE HAVE A MOTION BY BOARD MEMBER SCHNEIDER, SECONDED BY BOARD MEMBER PORTERFIELD TO APPROVE FINANCIALS AS PRESENTED.

OPEN UP FOR DISCUSSION. HEARING NONE. ROLL CALL, PLEASE.

BOARD MEMBER. SNYDER. AYE. VICE CHAIR MORALES.

A BOARD MEMBER. MORRIS A CHAIR. CARLSON A SECRETARY.

GONZALEZ, A BOARD MEMBER. THORNTON, A BOARD MEMBER.

PORTERFIELD. AYE. MOTION PASSES SEVEN ZERO. ALL RIGHT.

THAT WILL TAKE US. OR SO THERE IS NO ACTION ON ITEM EIGHT ONE.

THAT'LL TAKE US TO ITEM EIGHT TO DISCUSS. CONSIDER ACTION ON RESOLUTION R 2026 003 TO APPROVE A BUDGET AMENDMENT FOR THE FISCAL YEAR 2026 BUDGET FOR THE DESIGN COST OF STREET IMPROVEMENT PROJECT. MR. CHAIRMAN, I MAKE A MOTION TO APPROVE RESOLUTION R DASH 2026 S003 AND WITH THE REVISION OF ADDING WEST AND MAIN STREETS FROM 79 TO PECAN AND TO THE RESOLUTION.

SECOND. ALL RIGHT. WE HAVE A MOTION BY BOARD MEMBER SCHNEIDER, SECONDED BY BOARD MEMBER THORNTON.

WE CLEAR ON THE THE ADDENDUM FOR THE MAIN STREET OR FOR THE ADD WEST FOR PARKING RIGHT AT WEST AND MAIN. RIGHT. ALL RIGHT. OPEN IT UP FOR DISCUSSION.

HEARING NONE. ROLL CALL PLEASE. VICE CHAIR MORALE'S HIGH.

BOARD MEMBER. THORNTON. SECRETARY GONZALES I.

BOARD MEMBER. PORTERFIELD I. CHAIR. CARLSON, A BOARD MEMBER.

SNYDER. A. BOARD MEMBER. MORRIS A. MOTION PASSES SEVEN ZERO.

WE HAVE NO ACTION ON EIGHT, THREE, EIGHT FOUR, OR EIGHT FIVE.

THAT WILL TAKE US TO EIGHT SIX. DISCUSS. CONSIDER ACTION RELATED TO EXECUTIVE SESSION AGENDA ITEMS LISTED ABOVE. MR. CHAIRMAN, I MAKE A MOTION THAT WE DIRECT STAFF TO SEND.

I DON'T KNOW THE TYPE OF NOTICE IT IS, BUT THE NOTICE TO PROCEED FOR STRIKE THREE.

YES. NOTICE TO PROCEED. NOTICE TO CLOSE FOR STRIKE THREE.

SECOND. ALL RIGHT. WE HAVE A MOTION BY BOARD MEMBER SNYDER AND SECONDED BY BOARD MEMBER PORTERFIELD TO ISSUE A NOTICE ON STRIKE THREE. TO CLOSE TO CLOSE TO OPEN IT UP FOR DISCUSSION OR OPEN IT UP FOR DISCUSSION.

HEARING NONE. ROLL CALL, PLEASE. BOARD MEMBER.

THORNTON. AYE. SECRETARY GONZALEZ I. BOARD MEMBER MAURICE I.

VICE CHAIR. MORALES I. CHAIR. CARLSON I. BOARD MEMBER.

PORTERFIELD. A. BOARD MEMBER. SNYDER A. MOTION PASSES SEVEN ZERO.

[00:20:01]

AND THEN MR. CHAIRMAN, I MAKE A MOTION THAT WE DIRECT STAFF TO PURSUE PROJECT ER BASED ON THE TERMS DISCUSSED IN EXECUTIVE SESSION. WITH THE PURCHASE CONTRACT.

SECOND. ALL RIGHT. WE HAVE A MOTION BY BOARD MEMBER SNYDER, SECONDED BY BOARD MEMBER PORTERFIELD TO DIRECT STAFF TO PURSUE PROJECT AIR, AS DISCUSSED IN EXECUTIVE SESSION. OPEN IT UP FOR DISCUSSION.

HEARING NONE. ROLL CALL, PLEASE. BOARD MEMBER.

MAURICE. AYE. VICE CHAIR. MORALES I. CHAIR. CARLSON, I.

SECRETARY GONZALEZ. I. BOARD MEMBER. PORTERFIELD.

A BOARD MEMBER. THORNTON. A BOARD MEMBER. SNYDER.

AYE. MOTION PASSES SEVEN ZERO. I'M ONLY DOING THIS BECAUSE I TOOK REALLY GOOD NOTES.

NOT THAT NO ONE ELSE DID. IT'S FINE BY ME. AND THEN, MR. CHAIRMAN, I MAKE A MOTION THAT WE APPROVE THE LOAN WITH ALLIANCE BANK BASED ON THE TERMS DISCUSSED IN EXECUTIVE SESSION. I'LL SECOND THAT. SO WE HAVE A MOTION BY BOARD MEMBER SNYDER, SECONDED BY CHAIR CARLSON, TO APPROVE THE LOAN WITH ALLIANCE BANK AS PRESENTED IN EXECUTIVE SESSION.

OPEN IT UP FOR DISCUSSION. HEARING NONE. ROLL CALL, PLEASE.

CHAIR. CARLSON, I. BOARD MEMBER. PORTERFIELD.

A BOARD MEMBER. SNYDER. AYE. VICE CHAIR. MORALES.

I, SECRETARY GONZALES. I BOARD MEMBER. MORRIS.

A BOARD MEMBER. THORNTON. AYE. MOTION PASSES SEVEN ZERO.

I HAD ONE LAST. HAD TO RELY ON THE EDC ATTORNEY TO HELP ME WITH THIS, BUT I DON'T KNOW IF IT'S DIRECT STAFF TO BRING BACK A RESOLUTION OR IF IT NEEDS TO BE A DISCUSSION, BUT SOMETHING. SEPARATION OF POWER ON THE PROJECTS TO WHERE I'M WANTING SOMETHING TO WHERE THE CITY OR THE EDC ATTORNEY IS DOING THE AGREEMENT, THE DIVISION OF RESPONSIBILITIES.

YEAH, WE'LL WE'LL WORK ON THAT AND BRING IT FOR THE NEXT MEETING.

YEAH. AND ON THE INFRASTRUCTURE IMPROVEMENT PROJECTS.

YEAH. SO MY MOTION IS FOR TO HAVE YOU GUYS BRING THAT BACK AND THAT IT, IT BE THAT YOU'RE WRITING THE AGREEMENTS, THE CITY ATTORNEY IS MAKING SURE THAT THE FUNDING MECHANISM IS PROPER WITH THE CITY, BUT NOT GET INTO THE EDC SIDE AND THAT THE OTHER ATTORNEY WHATEVER IT IS. YEAH. THE PROFESSIONAL COUNCIL IS ONLY MAKING SURE THAT WHEN IT COMES TO BIDDING CONTRACTS, TO WRITE TEETH AND ALL THAT ARE IN THERE AND THEY'RE NOT GETTING THIS STUFF.

I'M SAYING ALL THAT TO MAYBE GET A SECOND AND ALSO TO HELP OUR PEOPLE KNOWING THE BUILDING, GO AHEAD AND START WORKING TOWARDS SOMETHING SECOND.

ALL RIGHT. WE HAVE A MOTION BY BOARD MEMBER SNYDER, SECONDED BY BOARD MEMBER MORRIS.

TO FOR LEGAL TO DRAFT THE SEPARATION OF POWERS.

EASIEST WAY TO DESCRIBE IT IS DIVISION OF RESPONSIBILITIES.

OPEN IT UP FOR DISCUSSION. HEARING NONE. ROLL CALL.

VICE CHAIR. MORALES, I, SECRETARY GONZALES. I BOARD MEMBER.

SNYDER, A BOARD MEMBER. MORRIS, A BOARD MEMBER.

THORNTON, A CHAIR. CARLSON. A BOARD MEMBER. PORTERFIELD.

AYE. MOTION PASSES SEVEN ZERO. ANY OTHER ITEMS? I'M DONE WITH MY NOTES. ALL RIGHT. BLESS YOU.

WITH THAT BEING SAID, THAT'LL TAKE US TO ITEM NINE.

FUTURE AGENDA ITEMS. ANYONE HAVE ANYTHING? GOING ONCE.

GOING TWICE? NO ITEMS. AT THIS POINT IN TIME, WITH NO OTHER ITEMS ON OUR AGENDA, WE ARE ADJOURNED AT 957 FOR TEN.

* This transcript was compiled from uncorrected Closed Captioning.