Type A Economic Development Corporation Board

MINUTES TYPE A ECONOMIC DEVELOPMENT CORPORATION BOARD COUNCIL CHAMBERS SEPTEMBER 12, 2022 6:30 PM PRESENT STAFF President Shelly Anderson Mike Peacock, City Manager Director Johnny Waldrip Molly Martin, EDC Director Director Linda Childers Alice Holloway, City Secretary Director Aleshia Hayes ABSENT Director David Morgan Director Esley Henderson Director Angela Nichols The Joshua Type A Economic Development Corporation held a Regular Meeting in the Council Chambers, located at 101 S. Main St., Joshua, Texas, on September 12, 2022. This meeting is subject to the open meeting laws of the State of Texas. Individuals may attend the Joshua Type A EDC meeting in person or access the meeting via videoconference or telephone conference call. Join Zoom Meeting: https://us02web.zoom.us/j/89332074274?pwd=S3lqK0Uwc24xSlRZWk9YNmkwNHZRdz09 Meeting ID: 893 3207 4274 Passcode: 526859 A member of the public who would like to submit a question on any item listed on this agenda may do so via the following options: Online: An online speaker card may be found on the City’s website (cityofjoshuatx.us) on the Agenda/Minutes/Recordings page. Speaker cards received will be read during the meeting in the order received by the City Secretary. By phone: Please call 817/558-7447 ext. 2003 no later than 5:00 pm on the meeting day and provide your name, address, and question. The City Secretary will read your question in the order they are received. A. CALL TO ORDER AND ANNOUNCE A QUORUM PRESENT Director Anderson announced a quorum and called the meeting to order at 6:30 pm. B. CITIZENS FORUM The Economic Development Corporation invites citizens to speak on any topic. However, unless the item is specifically noted on this agenda, the Economic Development Corporation is required under the Texas Open Meetings Act to limit its response to responding with a statement of specific factual information, reciting the City’s existing policy, or directing the person making the inquiry to visit with City Staff about the issue. No Corporation deliberation is permitted. Each person will have 3 minutes to speak. Type A Economic Development Corporation BoardSeptember 12, 2022 Page 1 of 3  NA C. REGULAR AGENDA 1. Review and discuss questions related to the budget report and financial statement for August 2022. (Staff Resource: M. Peacock) City Manager Peacock presented the financial statement and announced that the Type A EDC is in good financial shape. 2. Discuss, consider, and possible action on the meeting minutes of August 8, 2022, and August 22, 2022. (Staff Resource: A. Holloway) Motion made by Director Waldrip to approve the meeting minutes of August 8, 2022, and August 22, 2022. Seconded by Director Childers. Voting Yea: Director Anderson, Director Waldrip, Director Childers, Director Hayes 3. Discuss, consider, and possible action on approving funding to pay balance of parking facility on 12th Street in the amount of $86,153.17. (Staff Resource: M. Peacock) Motion made by Director Waldrip authorizing funding to pay balance of parking facility in the amount of $86,153.17. Seconded by Director Childers. Voting Yea: Director Anderson, Director Waldrip, Director Childers, Director Hayes D. EXECUTIVE SESSION 1. The Type A Economic Development Corporation of the City of Joshua will recess into Executive Session (Closed Meeting) pursuant to the provisions of chapter 551, Subchapter D, Texas Government Code, to discuss the following: a. Pursuant to Section 551.072 of the Texas Government Code to discuss or deliberate the purchase, exchange, lease, or value of real property. b. Pursuant to Section 551.087 of the Texas Government Code to discuss or deliberate regarding commercial or financial information that the government body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negations. 1. Project Redhead Director Anderson announced that the corporation will recess into Executive Session at 6:36 pm. E. RECONVENE INTO REGULAR SESSION 1. In accordance with Texas Government Code, Section 551, the Type A Economic Development Corporation will reconvene into regular session and consider action, if any, on matters discussed in executive session. Director Anderson announced the corporation was back in Regular Session at 7:29 pm. a. No action taken as the result of Executive Session. b. Motion made by Director Waldrip to approve a 380 Agreement as discussed in Executive Session. Seconded by Director Hayes. Type A Economic Development Corporation BoardSeptember 12, 2022 Page 2 of 3  Voting Yea: Director Anderson, Director Waldrip, Director Childers, Director Hayes F. FUTURE AGENDA ITEMS/REQUESTS BY DIRECTORS TO BE ON THE NEXT AGENDA (Members shall not comment upon, deliberate, or discuss any item that is not on the agenda. Members shall not make routine inquiries about operations or project status on an item that is not posted. However, any Members may state an issue and a request that this issue is placed on a future agenda.) NA G. ADJOURN Director Anderson adjourned the meeting at 7:30 pm. ____________________________ Shelly Anderson, President Type A EDC _____________________________ Alice Holloway, City Secretary Approved: October 10, 2022 Type A Economic Development Corporation BoardSeptember 12, 2022 Page 3 of 3