FEDC (4A) Meeting

FARMERSVILLE ECONOMIC DEVELOPMENT CORPORATION 6:00 P.M. February 19, 2026 Minutes This meeting will be broadcast live through the City’s website and by telephone. Members of the public who wish to watch this meeting, and not speak or participate in the discussion, may watch the live broadcast by 1. Going to the City’s website (farmersvilletx.com); 2. Clicking on “GOVERNMENT”; 3. Looking under “EVENTS & MEETINGS” on the left side of the menu; 4. Clicking on “WATCH LIVESTREAM OF MEETINGS.” I. PRELIMINARY MATTERS The meeting was called to order at 6 p.m. Present were board members Elise Bobitt, Randy Rice, Doug Laube and Zane Clay and Executive Director Rodney Williams. Absent was Matt Crowder. Also present were Mayor Craig Overstreet, Guillermo Alvarez, Denise Gay, Lori Hendricks, Chad Engbrock, John Lawrence and Tonya Fox. II. PUBLIC COMMENT ON AGENDA ITEMS (FOR NON-PUBLIC HEARING AGENDA ITEM) There were no public comments. III. CONSENT AGENDA Items in the Consent Agenda consist of non-controversial, or “housekeeping” items required by law. Board members may request prior to a motion and vote on the Consent Agenda that one or more items be withdrawn from the Consent Agenda and considered individually. Following approval of the Consent Agenda, excepting the items requested to be removed, the Farmersville Economic Development Board will consider and act on each item so withdrawn individually. A. FEDC meeting minutes for December 3, 2025 Zane Clay made a motion to approve the minutes as presented. Doug Laube seconded the motion, and it passed unanimously, 4-0. B. January Financials The board expressed a desire to see historical sales tax data. IV. REGULAR AGENDA A. Discuss/act upon Business Development Grant request from Lori Hendricks for Phase 2 of work at 676 W. Audie Murphy Pkwy. Lori Hendricks told the board that she would like to complete Phase 2 of the project to concrete the parking lot at her commercial tract. The board had previously approved funding for Phase 1. Mayor Overstreet asked the board to clarify the request amount to which Elise Bobitt replied that it was $25,000. Doug Laube made a motion to approve the grant request in the amount of $25,000 with a second from Zane Clay. The motion passed, 4-0. B. Discuss/act upon Business Development Grant request from Chad Engbrock, 101 S. Main St. Chad Engbrock presented his request in the amount of $25,000 to refurbish the exterior of his property, explaining that there is a lot of stone repair work needed. Zane Clay asked about plans for the building to which Engbrock replied that he had an attorney who was interested in the space and that he had been trying for years to lease it out. Zane Clay made a motion to approve the grant request in the amount of $25,000. Randy Rice seconded the motion, and it passed, 4-0. C. Discuss/act upon Business Development Grant request from Denise Gay, 117 S. Main St. Denise Gay presented her project to the board, explaining that the building is occupied by Edward Jones Financial and that the awning is ripped and the window and door seals and window trimming require repair. She explained that the building was left to her by her father without any accounts to fund repairs and that she needs help getting the building restored. Randy Rice made a motion to approve the grant request in the amount of $5,085 with a second from Doug Laube. The motion passed, 4-0. D. Discuss/act upon request for joint purchase of computer tablets and accessories to be used at meetings of City of Farmersville’s various boards and commissions. Tonya Fox addressed the board with a request to join with three other city boards to jointly fund the purchase of eight laptop computers to be kept at City Hall and used for board members during meetings. The Fulcrum Group, the City of Farmersville’s IT support, provided an estimate for eight Lenovo Yoga 16-inch laptops along with setup. The collaboration for the purchase of the computers would require each group to fund $2,778.50. Zane Clay asked Rodney Williams if the computers would make his job easier in regards to meeting prep, to which Williams responded in the affirmative. Cost savings for paper packet printing was also mentioned. Zane Clay made a motion to approve the expenditure of $2,778.50 as one-quarter cost to purchase computers for all boards. Randy Rice seconded the motion, and it passed, 4-0. E. Discussion regarding financial reporting frequency. City Finance Manager John Lawrence addressed the board with a desire to move from providing monthly financial reporting to quarterly. Discussion was had regarding what the board might miss without the monthly financials. Concern was expressed regarding sales tax reporting, to which Zane Clay stated was something in which he was interested. Rodney Williams said that he could access the HdL database and produce monthly sales tax reports for the board in lieu of monthly financials from the city. Elise Bobitt suggested the EDC do a trial run of quarterly statements throughout the rest of the fiscal year to which other members agreed. F. Discuss/act upon training agreement with Farmersville Fire Department concerning structures at 300 McKinney St. Zane Clay made a motion to approve the agreement as presented. Randy Rice seconded the motion, and it passed, 4-0. G. Discuss/act upon training agreement with Farmersville Police Department  concerning structures at 300 McKinney St. Randy Rice made a motion to approve the agreement as presented. Zane Clay seconded the motion, and it passed, 4-0. H. Update on outstanding Business Development Grant for Dyer Drug, 133 McKinney St. Rodney Williams informed the board that a grant approved for Dyer Drug approximately one year earlier has not been completed. He stated that John Hickman, owner of Dyer Drug, would like to apply for a Fire Suppression Grant and, if approved, that work would conflict with electrical work that was part of the original Business Development Grant. Doug Laube asked if Hickman was going to need to get new estimates, to which Williams answered in the affirmative. I. Update from EDC liaisons to City boards/commissions Rodney Williams updated the board on city council and 4B board meetings. J. Update on commercial activity Rodney Williams stated that Randy Rice had requested an update on new business in Farmersville. Williams worked with permit tech Amy Bullock, who compiled a list of all Certificate of Occupancy recipients during the past year. Elise Bobitt said she appreciated the information. K. Update on executive director CTED training and change of date for the March regular meeting Rodney Williams informed the board that he would be completing his CTED training in late March and that it would not interfere with the next scheduled board meeting. L. Consider, discuss and act upon items for payment. Doug Laube made a motion to approve the items for payment with a second from Zane Clay. The motion passed, 4-0. V. EXECUTIVE SESSION In accordance with Texas Government Code, Section 551.001, et seq., the Farmersville Economic Development Corporation will recess into the Executive Session (closed meeting) to discuss the following: A. Section 551.071 Consultation with Attorney on a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with this chapter, regarding: 1. Fire Suppression Grant guidelines VI. RECONVENE FROM EXECUTIVE SESSION The board did not convene into executive session and, therefore, no action was taken. VII. REQUEST TO BE PLACED ON FUTURE AGENDAS Items include: an update on the Signage Committee and a detailed Sales Tax Report. VIII. ADJOURNMENT The meeting was adjourned at 6:48 p.m. ATTEST ATTEST __________________________ ___________________________ Randy Rice, Secretary Matt Crowder, Chairman