Type A Economic Development Corporation Board

DocuSign Envelope ID: 05A77022-B05C-4B39-B001-5576520355A5 MINUTES TYPE A ECONOMIC DEVELOPMENT CORPORATION BOARD COUNCIL CHAMBERS MARCH 11, 2024 6:00 PM PRESENT STAFF PRESENT President Shelly Anderson EDC Director Molly Martin Director Johnny Waldrip City Secretary Alice Holloway Director Esley Henderson Director Josh Burns Director Roger Farley Alternate 1 Carl Keating Alternate 2 Glen Walden ABSENT Director David Morgan Director Linda Childers The Joshua Type A Economic Development Corporation held a Regular Meeting in the City Hall Council Chambers located at 101 S. Main St., Joshua, Texas. 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/85270158810?pwd=VCtiaWNJYVFUUjR4WkhLZzRKTmhzdz09 Meeting ID: 85270158810 Passcode: 965427 A. CALL TO ORDER AND ANNOUNCE A QUORUM PRESENT Director Anderson announced a quorum and called the meeting to order at 6:03 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. NA C. REGULAR AGENDA 1. Discuss, consider, and possible action on the February 12, 2024, meeting minutes. Type A Economic Development Corporation BoardMarch 11, 2024 Page 1 of 3 DocuSign Envelope ID: 05A77022-B05C-4B39-B001-5576520355A5 Motion made by Director Waldrip to approve the meeting minutes as presented. Seconded by Director Burns. Voting Yea: President Anderson, Director Waldrip, Director Henderson, Director Burns, Director Farley, Alternate 1 Keating, Alternate 2 Walden 2. Discuss, consider, and possible action on the disbursement of $18,000 to the Joshua Area Chamber of Commerce. EDC Director Martin stated that the funds had been in the budget, and the corporation had been waiting until a president was appointed to disburse them. Chamber President Kim Henderson stated that the chamber is in good shape, and she presented a list of 2024 events. Director Anderson asked Ms. Henderson to provide quarterly updates to the corporation, and she agreed. Motion made by Director Burns to disburse $18,000 to the Joshua Areas Chamber. Seconded by Director Farley. Voting Yea: President Anderson, Director Waldrip, Director Henderson, Director Burns, Director Farley, Alternate 1 Keating Voting Abstaining: Alternate 2 Walden D. EXECUTIVE SESSION 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: 1. Pursuant to Section 551.087 of the Texas Government Code: to discuss or deliberate regarding commercial or financial information received from or the offer of a financial or other incentive made to a business prospect seeking to locate, stay, or expand in or near the territory of the City and with which the City is conducting economic development negotiations. Director Anderson announced that the corporation will recess into Executive Session at 6:20 pm. RECONVENE INTO REGULAR SESSION 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 that the Regular Meeting is reconvened at 7:16 pm. Motion made by Director Burns to approve two Letters of Intent (LOI) as discussed in Executive Session. Seconded by Director Henderson. Voting Abstaining: Alternate 2 Walden E. 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 Type A Economic Development Corporation BoardMarch 11, 2024 Page 2 of 3 DocuSign Envelope ID: 05A77022-B05C-4B39-B001-5576520355A5 F. ADJOURN Director Anderson adjourned the meeting at 7:17 pm. _____________________________ Shelly Anderson, President ATTEST ____________________________ Alice Holloway, City Secretary Type A Economic Development Corporation BoardMarch 11, 2024 Page 3 of 3