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McKinney Economic Development Corporation

Regular Meeting

McKinney, TX · August 16, 2016

AgendaMinutes

Minutes

CITY OF McKINNEY, TEXAS Minutes - Final Tuesday, August 16, 2016 8:00 AM Council Chambers 222 N. Tennessee Street McKinney, Texas 75069 McKinney Economic Development Corporation McKinney Economic Development Minutes - Final August 16, 2016 Corporation 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. Minutes of the McKinney Economic Development Corporation Meeting of July 19, 2016 A motion was made by Clark, seconded by Page,that this Minutes be Approved and Referred . The motion carried by the following vote. Minutes of the McKinney Economic Development Corporation Special Meeting of August 9, 2016 A motion was made by Burress, seconded by Merritt,that this Minutes be Approved and Referred . The motion carried by the following vote. REPORTS Board and Liaison Updates Board Chairman City of McKinney McKinney Chamber MCVB Director of Business Development Report Director of BRE/Emerging Tech Report Executive Vice President’s Report President’s Report REGULAR AGENDA Consider/Discuss/Act on July Financials A motion was made by Page, seconded by Chen,that this Agenda Item be Approved . The motion carried by the following vote. CITY OF McKINNEY, TEXAS Page 1 McKinney Economic Development Minutes - Final August 16, 2016 Corporation Consider/Discuss/Act on Fiscal Year 2017 Budget A motion was made by Clark, seconded by Merritt,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss Targeted Industry Analysis Proposal A motion was made by Sipiora, seconded by Chen,that this Agenda Item be Tabled to Another Meeting . The motion carried by the following vote. CITIZEN COMMENTS 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. EXECUTIVE SESSION In Accordance with the Texas Government Code: A. Section 551.071 (2). Consultation with City Attorney on any Work Session, Special or Regular Session agenda item requiring confidential, attorney/client advice necessitated by the deliberation or discussion of said items (as needed) and legal consultation on the following item(s), if any: B. Section 551.087. Deliberation Regarding Economic Development Matters: -Project A144-Red River -Project A146-3S -Project A150-Charlie 2016 -Project A151-Spark -Project A152-Electron II -Gateway ACTION ON EXECUTIVE SESSION A motion was made by Merritt, seconded by Chen,that this be Approved . The motion carried by the following vote. ADJOURN A motion was made by Sipiora, seconded by Lindsay,that this be Adjourn . The motion carried by the following vote. CITY OF McKINNEY, TEXAS Page 2 McKinney Economic Development Minutes - Final August 16, 2016 Corporation Posted in accordance with the Texas Government Code, Chapter 551, on the 11th day of August, 2016 at or before 5:00 p.m. ___________________________ Darrell W. Auterson President Accommodations and modifications for people with disabilities are available upon request. Requests should be made as far in advance as possible, but no less than 48 hours prior to the meeting. Call 972-547-2694 or email contact-adacompliance@mckinneytexas.org with questions or for accommodations. CITY OF McKINNEY, TEXAS Page 3

Agenda

McKinney Economic Development Corporation Agenda Tuesday, August 16, 2016 8:00 AM Council Chambers 222 N. Tennessee Street McKinney, Texas 75069 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. 16-801 Minutes of the McKinney Economic Development Corporation Meeting of July 19, 2016 Attachments: Minutes 16-802 Minutes of the McKinney Economic Development Corporation Special Meeting of August 9, 2016 Attachments: Minutes REPORTS 16-803 Board and Liaison Updates Board Chairman City of McKinney McKinney Chamber MCVB Attachments: MCVB Report MCDC Report 16-804 Director of Business Development Report Attachments: Business Development Report McKinney Economic Development Corporation Page 1 Printed on 8/11/2016 McKinney Economic Development Agenda August 16, 2016 Corporation 16-805 Director of BRE/Emerging Tech Report Attachments: BREP Report McKinney at a Glance-July Report The WERX Reports 16-806 Executive Vice President’s Report Attachments: Executive Vice President Report 16-807 President’s Report Attachments: President's Report REGULAR AGENDA 16-808 Consider/Discuss/Act on July Financials Attachments: July Transmittal Letter July Financials July Checks Issued 16-809 Consider/Discuss/Act on Fiscal Year 2017 Budget Attachments: FY17 Budget FY17 Budget Staffing Summary 16-810 Consider/Discuss/Act on Targeted Industry Analysis Proposal Attachments: TadZo Proposal CITIZEN COMMENTS 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. EXECUTIVE SESSION McKinney Economic Development Corporation Page 2 Printed on 8/11/2016 McKinney Economic Development Agenda August 16, 2016 Corporation In Accordance with the Texas Government Code: A. Section 551.071 (2). Consultation with City Attorney on any Work Session, Special or Regular Session agenda item requiring confidential, attorney/client advice necessitated by the deliberation or discussion of said items (as needed) and legal consultation on the following item(s), if any: B. Section 551.087. Deliberation Regarding Economic Development Matters: -Project A144-Red River -Project A146-3S -Project A150-Charlie 2016 -Project A151-Spark -Project A152-Electron II -Gateway ACTION ON EXECUTIVE SESSION ADJOURN Posted in accordance with the Texas Government Code, Chapter 551, on the 11th day of August, 2016 at or before 5:00 p.m. ___________________________ Darrell W. Auterson President Accommodations and modifications for people with disabilities are available upon request. Requests should be made as far in advance as possible, but no less than 48 hours prior to the meeting. Call 972-547-2694 or email contact-adacompliance@mckinneytexas.org with questions or for accommodations. McKinney Economic Development Corporation Page 3 Printed on 8/11/2016

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