Economic Development Corporation

ECONOMIC DEVELOPMENT CORPORATION Thursday, July 10, 2025 – 6:00 PM 109 North Kaufman Street, Mount Vernon, Texas 75457 Our mission: to provide effective and fiscally responsible municipal services in a manner which promotes our high standard of community life. Vision Statement Mount Vernon is a caring community committed to excellence and quality of life, aspiring to be the community of choice for ourselves, our children, and future generations – beautiful, clean, vibrant, and safe. We will strive to preserve our heritage, our friendly hometown atmosphere, and celebrate the diversity of all our citizens. MINUTES Call to Order President Sachse called the meeting to order at 6:05 p.m.m and announced a quorum present. PRESENT President Mark Sachse Secretary/Treasurer Jeff Byrnes Board Member Gabe Sharp Board Member Kevin Anthony City Administrator Craig Lindholm City Secretary Kathy Johnson Assistant City Secretary Angie Pike ABSENT: Vice-President Julia Munoz, Board Member Don Huffstetler, Board Member Kristin Scott VISITORS: Kassidy Wesson, Jon & Crystal Copeland Public Comment- no one spoke. 1. Minutes 6/12/2025 June 2025 Financials Motion made by Board Member Anthony, Seconded by Board Member Sharp. Voting Yea: President Sachse, Secretary/Treasurer Byrnes, Board Member Sharp, Board Member Anthony Public Hearing The purpose of this hearing is to hear evidence for or against a request made by Crystal Copeland dba The Glove Factory to provide assistance with Graduated Rental Assistance for the business located at 201 E Dallas Street, Mt Vernon, TX 75457 President Sachse closed the Regular Session and opened the Public Hearing at 6:08 p.m. Crystal Copeland addressed the Board regarding her application. She advised when The Loading Dock was closing she spoke with EDC Director Lindholm regarding assistance, with such a great investment she did not want to see this become something bigger and needed help sustaining The Glove Factory. Director Lindholm advised her to apply for assistance with EDC. Mrs. Copeland further advised when they opened Our Place several years ago they received assistance and it made a complete difference for them. President Sachse closed the Public Hearing and re-opened the Regular Session at 6:11 p.m. Action Items: 2. Consider and act upon approval of request made by Crystal Copeland dba The Glove Factory for graduated rental assistance. Motion made by Board Member Sharp made a motion for twelve months of rental assistance at the rate of $500.00 per month. Seconded by Board Member Anthony. Voting Yea: President Sachse, Secretary/Treasurer Byrnes, Board Member Sharp, Board Member Anthony 3. Consider and act upon approval of 2025-2026 proposed budget. Motion made by Board Member Anthony to approve the budget as presented with the amendment of raising rental assistance budget to $35,000, Seconded by Board Member Sharp. Voting Yea: President Sachse, Secretary/Treasurer Byrnes, Board Member Sharp, Board Member Anthony Board Member Reports and Discussion Grants, Parks, Infrastructure No discussion. Adjourn Motion made by Secretary/Treasurer Byrnes at 6:45 p.m. to close the meeting, Seconded by Board Member Anthony. Voting Yea: President Sachse, Secretary/Treasurer Byrnes, Board Member Sharp, Board Member Anthony _____/s/Mark Sachse__________ Mark Sachse - Board President ATTEST: _/s/Kathy Johnson__________________ Kathy Lovier Johnson – City Secretary