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Type A EDC Meeting

Regular Meeting

Joshua, TX · May 11, 2020

AgendaPacketMinutes

Minutes

MINUTES TYPE A ECONOMIC DEVELOPMENT CORPORATION BOARD REGULAR SESSION JOSHUA CITY HALL MAY 11, 2020 6:30 P.M. Type A EDC Members Present: Daron Beck, Chairman; David Morgan, Place 1; Shelly Anderson, Place 2; Melissa Frazier, Place 3; and Linda Childers, Place 4. Type A EDC Members Absent: NA City Staff Present: Joshua Jones, City Manager; Miranda Szurgot, Economic Development Coordinator; and Alice Holloway, City Secretary A. Call to Order and announce a quorum present. Daron Beck announced a quorum and called the meeting to order at 6:40 p.m. B. Citizens Forum The Economic Development Corporations invite citizens to speak on any topic. However, unless the item is specifically noted on this agenda, the Economic Development Corporations are required under the Texas Open Meetings Act to limit their responses 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. Discuss, consider, and take action on approval of meeting minutes from April 13, 2020. Linda Childers moved to approve the meeting minutes of April 13, 2020. Melissa Frazier seconded the motion. The motion passed unanimously. D. Review YTD Financial Statements as of April 30, 2020. City Manager Jones stated that the EDC will not see the impact of sales tax due to the COVID 19 until June or July. He stated as of now, we are 2.5 percent ahead of budget. In addition, he stated that 2 principle payments have been made on debt services and one more left to make this budget year. E. Review the annual audit report for FY2018-2019. City Manager Jones stated that the audit was filed with the City last month. It was a really good audit. The audit includes the original and amended budget (final). Revenues came in a little lower than expected. In addition, he stated that there was a positive fund balance. City Manager Jones stated that this was a very positive year. F. Discuss, consider, and take action on approval of an economic development reimbursement request for the construction of downtown public improvements from Rumfield Properties, LLC. Shelley Anderson moved to approve an economic development reimbursement request of $23,000 for the construction of downtown public improvements from Rumfield Properties, LLC. Linda Childers seconded the motion. The motion passed unanimously. G. Discuss, consider, and take action on approval of an amendment to the FY2019-2020 Annual Operating Budget. No action taken on this item. This item was tabled for corrections to be made - error in the capital outlay amount. H. Receive and discuss update to the status of the Joshua Station/The Retail Connection Chp. 380 economic development project. City Manager Jones stated that an engineer timeline is in the packet. He stated that an additional timeline will be ready in the next few months. City Manager Jones stated that dirt should be able to be turned by the beginning of next year. In addition, he stated reminded everyone that there is $150,000 in budget as a placeholder for this project to be transferred to the CIP. I. FUTURE AGENDA ITEMS/REQUESTS BY DIRECTORS TO BE ON NEXT AGENDA (Directors shall not comment upon, deliberate, or discuss any item that is not on the agenda. Directors shall not make routine inquiries about operations or project status on an item that is not posted. Any Director may, however, state an issue and a request that this issue be placed on a future agenda.) NA J. Adjourn. The meeting was adjourned at 7:40 pm. ____________________________ Daron Beck, Type A Chairman _____________________________ Alice Holloway, TRMC, MMC City Secretary Approved on: ________________

Agenda

Oty of OS h ua AGENDA TYPE A ECONO]VtrC DE}'ELOPMf,NT CORPORATION BOARI) REGULAR SESSION MAY rr,2020 6:30 P.M. City facilities are closed to the public in response to a heallh emergency specifically Coronavirus I)isease (COVID-l9). This meeting is available via live stream. Join Zoom Meeting: httrrs://us02rveb.zoom.us/i/8902240{9{5?pn d= I B{NI\\'0zUkVvtiThqVmE.lRDRRYiE0UT09 Meeting ID: 890 2240 4945 Password: 810500 A member of the public who would like to submit a question on any item listed on this agenda my do so via the following options: o Online: An online speaker card may be found on the city's website (cityo{oshuak.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 and provide your name, address, and question. Your question will be read by the City Secretary in the order they are received. A Call to Order and announce a quomm present. B Citizens Forum The Economic Development Corpotation invites citizens Io speak on any topic- However, unless the item is specifcally noted on this agenda, the Economic Development Corporalion is required tmder the Texas Open Meetings Act to limit its response to respondingwith a statement of specirtc factual information, reciting lhe City's existingpolicy, or directing the person making the inquiry to visit with City Staffabout the issue. No Corporotion deliberalion is permitted. Each person will have 3 minutes to speak. C. Discuss, consider, and take action on approval of meeting minutes fiom Apnl B'2020. D. Review YTD Financial Statements as of A pril30,2020. E. Review the annual audit report for FY20l8-2019. F. Discuss, consider, and take action on approval ofan economic development reimbursement request for the construction of downtown public improvements fiom Rumfield Properties, LLC. G Discuss, consider, and take action on approval ofan amendment to the FY2019-2020 Annual Operating Budget. ll Receive and discuss update to the status of the Joshua Station-/The Retail Connection Chp. 380 economic development project. I. FUTURE AGENDA ITEMS/REQUESTS BY DIRECTORS TO BE ON NEXT AGENDA (Directors shall not comment upon, deliberate, or discuss any item thal is not on the agenda- Directors shall not make routine inquiries about operations or project status on an item that is not posted. Any Director may, however, state an issue and a request that this issue be placed on a fulure agenda.) J. Adjourn The Type A Economic Development Corporation reserves the right to meet in Executive Session closed to the public at any time in the course of this meeting to discuss matters listed on the agenda" as authorized by the Texas Open Meetings Act, Texas Government Code, Chapter 551, including 551.071 (private consultation with the auorney for the City); 551.072 (discussing purchase, exchange, lease or value of real property); 55 I .074 (discussing personnel or to hear complaints against personnel); and 551 .087 (discussing economic development negotiations). Any decision held on such matters will be taken or conducted in Open Session following the conclusion of the Executive Session. Pursuant to Section 551.127, Texas Govemment Code, one or more Directors may attend tlis meeting remotely using videoconferencing technology. The video and audio feed ofthe videoconferencing equipment can be viewed and heard by the public at the address posted above as the location of the meeting. A quorum will be physically present at the posted meeting location of City Hall. In compliance with the Americans with Disabilities Act, the City of Joshua will provide reasonable accommodations for disabled persons attending this meeting. Requests should be received at least 24 hours prior to the scheduled meeting by contacting the City Secretary's offtce at 817 /558-7447 . CERTIFICATE: I hereby certifo that the above agenda was posted on the 7ft day of May 2020 by 5:00 p.m. on the official bulletin board at the Joshua City Hall, l0l S. Main, Joshu4 Texas. Alice Holloway, TRMC, MMC City Secretary

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