Type A Economic Development Corporation Board

DocuSign Envelope ID: 05A77022-B05C-4B39-B001-5576520355A5 MINUTES TYPE A ECONOMIC DEVELOPMENT CORPORATION BOARD COUNCIL CHAMBERS APRIL 08, 2024 6:00 PM PRESENT STAFF PRESENT Director Johnny Waldrip EDC Director Molly Martin Director Linda Childers City Secretary Alice Holloway Director Esley Henderson Director Josh Burns Director Roger Farley Alternate 1 Carl Keating Alternate 2 Glen Walden ABSENT President Shelly Anderson Director David Morgan 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/89396197161?pwd=WEEvOWJtZ01VOVlvZW0zR1RDYnJMQT09 Meeting ID 89396197161 Passcode: 749177 A. CALL TO ORDER AND ANNOUNCE A QUORUM PRESENT Director Childers announced a quorum and called the meeting to order at 6:01 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 Type A Economic Development Corporation BoardApril 08, 2024 Page 1 of 3 DocuSign Envelope ID: 05A77022-B05C-4B39-B001-5576520355A5 1. Review and discuss questions related to the budget report and financial statement for March 2024. EDC Director Martin reported that the fund balance is over 1,9 million. In addition, she stated that the sales tax is down but is not concerned. 2. Discuss, consider, and possible action on the March 11, 2024, meeting minutes. Motion made by Alternate 2 Walden to approve the minutes as presented. Seconded by Director Henderson. Voting Yea: Director Childers, Director Henderson, Director Burns, Director Farley, Alternate 1 Keating, Alternate 2 Walden 3. Discuss, consider, and possible action regarding the agreement between the City of Joshua Economic Development Corporation and the Joshua Area Chamber of Commerce. Motion made by Director Burns to approve the Joshua Area Chamber of Commerce Agreement. Seconded by Director Farley. Voting Yea: Director Childers, Director Henderson, Director Burns, Director Farley, Alternate 1 Keating Voting Abstaining: Alternate 2 Walden 4. Discuss, consider, and possible action regarding the 380 agreement between the Joshua Economic Development Corporation and Whataburger Corporation for a development located at 1044 S. Broadway in Joshua, Texas. (Staff Resource: M Martin) Director Waldrip arrived at 6:15 pm. Motion made by Director Waldrip to approve the 380 agreement with Whataburger Corporation. Seconded by Director Burns. Voting Yea: Director Waldrip, Director Childers, Director Henderson, Director Burns, Director Farley, Alternate 1 Keating, Alternate 2 Walden 5. Discuss, consider, and possible action regarding the 380 agreement between the Joshua Economic Development Corporation and SMI Southern Multifoods, Inc. for a development located at 113 S. Broadway in Joshua, Texas. Motion made by Director Henderson to approve the 380 agreement with SMI Southern Multifoods, Inc. Seconded by Director Burns. Voting Yea: Director Waldrip, Director Childers, Director Henderson, Director Burns, Director Farley, Alternate 1 Keating, Alternate 2 Walden D. 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 E. ADJOURN Director Childers adjourned the meeting at 6:23 pm. Type A Economic Development Corporation BoardApril 08, 2024 Page 2 of 3 DocuSign Envelope ID: 05A77022-B05C-4B39-B001-5576520355A5 ___________________________ Shelly Anderson, President ATTEST: ___________________________ Alice Holloway, City Secretary Type A Economic Development Corporation BoardApril 08, 2024 Page 3 of 3