McKinney Economic Development Corporation

CITY OF McKINNEY, TEXAS Minutes - Final McKinney Economic Development Corporation Tuesday, September 17, 2013 8:00 AM Dowdy Board Room 5900 S. Lake Forest Drive Suite 110 McKinney, Texas PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.002, A QUORUM OF THE CITY COUNCIL MAY BE PRESENT. NO CITY COUNCIL ACTION WILL BE TAKEN. CALL TO ORDER CONSENT ITEMS This portion of the agenda consists of non-controversial or housekeeping items required by law. Items may be considered individually by the Board or Commission member making such request prior to a motion and vote on the Consent Items. 13-961 Minutes of the McKinney Economic Development Corporation Board Meeting of August 20, 2013 Attachments: Minutes Approved and Referred to the City Council Regular Meeting due back on 10/1/2013 13-962 August 2013 Financial Report Attachments: Financials A motion was made by Lindsay, seconded by Lynch,that this Agenda Item be Approved . The motion carried by the following vote. REPORTS 13-963 Board and Liaison Updates · Board Chair · Chamber of Commerce · City of McKinney · Collin County Regional Airport · Main Street & MPAC · McKinney Convention & Visitor’s Bureau · McKinney Community Development Corporation CITY OF McKINNEY, TEXAS Page 1 McKinney Economic Development Minutes - Final September 17, 2013 Corporation 13-964 President’s Report Attachments: President's Report 13-965 Vice President’s Report Attachments: V.P. Report 13-966 Business Retention & Expansion (BREP) and Emerging Technology Report Attachments: BREP Report 13-967 Marketing & Research Specialist Report Attachments: Marketing/Research Report REGULAR AGENDA EXECUTIVE SESSION In Accordance with the Texas Government Code: A. Section 551.071(2) Consultations with Attorney on any Work Session. Special Session, or Regular Session agenda item requiring confidential, attorney/client advice necessitated by the deliberation or discussion of said items (as needed) B. Section 551.087. Deliberation Regarding Economic Development Matters * Project Heart * Project H-Stat * Project Louisiana * Project Propeller * Project Reshore * Project Starfruit * Raytheon * Airport / Land Updates * Gateway Hotel / Event Center C. Section 551.074. Personnel Matters * Annual Staffing Reviews ACTION ON EXECUTIVE SESSION 13-968 Consider/Discuss/Act on Amendment to the By-Laws of the McKinney Economic Development Corporation CITY OF McKINNEY, TEXAS Page 2 McKinney Economic Development Minutes - Final September 17, 2013 Corporation Attachments: Proposed Council Redline Changes A motion was made by Lindsay, seconded by Tate,that this Agenda Item be Approved . The motion carried by the following vote. 13-971 Consider/Discuss/Act on the Proposed FY 2013-2014 MEDC Budget A motion was made by Tate, seconded by Lindsay,that this Agenda Item be Approved . The motion carried by the following vote. 13-969 Consider/Discuss/Act on Amending FY 2012-13 MEDC Budget $1,000,000 for Emerson Initial Facility Payment 13-970 Consider/Discuss/Act on Incentive Offer to Project Heart A motion was made by Lindsay, seconded by Parker,that this Agenda Item be Tabled Indefinitely . The motion carried by the following vote. 13-972 Consider/Discuss/Act on Incentive Offer to Project Louisiana A motion was made by Lindsay, seconded by Parker,that this Agenda Item be Tabled Indefinitely . The motion carried by the following vote. 13-973 Consider/Discuss/Act on Incentive Offer to Project H-Stat A motion was made by Lindsay, seconded by Fort,that this Agenda Item be Approved . The motion carried by the following vote. BOARD OR COMMISSIONER COMMENTS Board or Commission Comments relating to items of public interest: Announcements regarding local or regional civic and charitable events, staff recognition, commendation of citizens, upcoming meetings, informational update on projects, awards, acknowledgement of meeting attendees, birthdays, requests for items to be placed on upcoming agendas, and condolences. CITIZEN COMMENTS ADJOURN CITY OF McKINNEY, TEXAS Page 3 McKinney Economic Development Minutes - Final September 17, 2013 Corporation Posted in accordance with the Texas Government Code, Chapter 551, on the 13th day of September, 2013 at or before 6:30 p.m. ___________________________ Jim Wehmeier President / CEO If you plan to attend this public meeting and you have a disability that requires special arrangements, please contact Connie Gibson at 972-562-5430 48 hours prior to the scheduled meeting. Reasonable accommodations will be made to assist you. Rollcall Rollcall CITY OF McKINNEY, TEXAS Page 4