Economic Development Partnership Board

City Hall City of Denton 215 E. McKinney St. Denton, Texas 76201 www.cityofdenton.com Meeting Agenda Economic Development Partnership Board Wednesday, November 13, 2024 11:00 AM Development Service Center After determining that a quorum is present, the Economic Development Partnership Board of the City of Denton, Texas, will convene in a Regular Meeting on Wednesday, November 13, 2024, at 11:00 a.m. in the Development Service Center Training Rooms 3, 4, and 5 at 401 N. Elm Street, Denton, Texas at which the following items will be considered: 1. ITEMS FOR CONSIDERATION A. EDP24-079 Consider approval of the meeting minutes for September 11, 2024. Attachments: Exhibit 1 - September 11, 2024 EDPB Meeting Minutes - DRAFT B. EDP24-083 Receive a report, hold a discussion, and give staff direction regarding the meeting dates and times for calendar year 2025. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Meeting Dates C. EDP24-081 Receive a report, hold a discussion, and make a recommendation to City Council regarding an incentive agreement for Enginetech North America Corporation for a performance-based ad valorem tax rebate of 50% for five-years on Business Personal Property, a headquarters grant, and jobs-based grant including a Denton resident bonus; total incentive amount not to exceed $339,545. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Presentation D. EDP24-082 Receive a report, hold a discussion, and make a recommendation to City Council regarding a Chp. 380 incentive for Bloomfield Homes, L.P. for 10 years authorizing the expenditure of funds through sales tax rebates associated with the Texas Direct Pay Permit program. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Presentation 2. WORK SESSION A. EDP24-080 Staff Reports: 1. Downtown Economic Development Committee Update - Jeremy Fykes 2. Director’s Report - Brittany Sotelo 3. EDPB Partnership Update - Jamie Adams 4. Future Agenda Items - Christine Taylor Page 1 Printed on 11/8/2024 Economic Development Partnership Meeting Agenda November 13, 2024 Board Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Downtown Economic Development Committee Update Presentation Exhibit 3 - Director's Report Presentation Exhibit 4 - EDPB Partnership Update Presentation Exhibit 5 - Queue of Future Agenda Items 3. CONCLUDING ITEMS A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the Economic Development Partnership Board or the public with specific factual information or recitation of policy, or accept a proposal to place the matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the Texas Open Meetings Act, provide reports about items of community interest regarding which no action will be taken, to include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition of a public official, public employee, or other citizen; a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality; or an announcement involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the agenda. NOTE: The Economic Development Partnership Board reserves the right to adjourn into a Closed Meeting on any item on its open meeting agenda consistent with Chapter 551 of the Texas Government Code, as amended, or as otherwise allowed by law. CERTIFICATE I certify that the above notice of meeting was posted on the official website (https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E. McKinney Street, Denton, Texas, on November 8, 2024, in advance of the 72-hour posting deadline, as applicable, and in accordance with Chapter 551 of the Texas Government Code. ____________________________________ OFFICE OF THE CITY SECRETARY NOTE: THE CITY OF DENTON'S DESIGNATED PUBLIC MEETING FACILITIES ARE ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY WILL PROVIDE ACCOMMODATION, SUCH AS SIGN LANGUAGE INTERPRETERS FOR THE HEARING IMPAIRED, IF REQUESTED AT LEAST 48 HOURS IN ADVANCE OF THE SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940-349-8309 OR USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX SO THAT REASONABLE ACCOMMODATION CAN BE ARRANGED. Page 2 Printed on 11/8/2024