Type A Economic Development Corporation Board

Docusign Envelope ID: E8C78E56-72AF-465B-9912-7717F2871B3E MINUTES TYPE A ECONOMIC DEVELOPMENT CORPORATION BOARD COUNCIL CHAMBERS JUNE 10, 2024 6:00 PM 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/82111206548?pwd=EuBKEPSqHbizMQbazbwzWas9LmN58f.1 Meeting ID: 82111206548 Passcode: 188631 A. CALL TO ORDER AND ANNOUNCE A QUORUM PRESENT Director Childers announced a quorum and called the meeting to order at 6:00 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. Review and discuss questions related to the budget report and financial statement for May 2024. EDC Director Martin stated the fund balance was over two million dollars. In addition, she stated that the Taco Bell reimbursement was less than originally thought and one other payment will be paid soon. 2. Discuss, consider, and possible action on the May 13, 2024, meeting minutes. Motion made by Director Waldrip to approve the meeting minutes. Seconded by Director Henderson. Voting Yea: Director Morgan, Director Waldrip, Director Childers, Director Henderson, Alternate 2 Walden 3. Economic Development Monthly (May) Update. EDC Director Martin gave the following update:  Taco Bell is moving swiftly and is currently going through a final review now. Type A Economic Development Corporation BoardJune 10, 2024 Page 1 of 2 Docusign Envelope ID: E8C78E56-72AF-465B-9912-7717F2871B3E  Whataburger has approved the year 2025 to pull permits.  Working on a project of another with another franchise on a 1-acre lot.  An architect is working on the museum property, but not sure if it will go through. 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 request that this issue be placed on a future agenda.) NA E. ADJOURN Director Childers adjourned the meeting at 6:10 pm. Approved: July 08, 2024 _______________________ Shelly Anderson, President ATTEST: _________________________ Alice Holloway, City Secretary Type A Economic Development Corporation BoardJune 10, 2024 Page 2 of 2