Odessa Development Corporation

ODESSA DEVELOPMENT CORPORATION MINUTES CITY OF ODESSA, TEXAS February 13, 2025 A Odessa Development Corporation (ODC) meeting was held on February 13, 2025, at 3:00 p.m. in the Council Chambers, 5th floor, City Hall, 411 W. 8th St. Odessa, Texas. Members present: Ronnie Phillips, Peggy Dean, Gaven Norris, Tim Edgmon and Thomas Blackstone. Members absent: David Boutin. Others present: Dan Jones, City Attorney; Tina Buhnerkempe Legal Assistant; Rebecca Muniz, Legal Assistant; Kathi Vaughn, Office of Economic Development; Lindsay Simpkins, Office of Economic Development; Stephanie Garay, Deputy City Secretary; Tom Manskey, Office of Economic Development; Christi Callicoate, Current Media Partners; Council member Vasquez; Council member Mitchell. Others: other interested citizens. A quorum being present, Ms. Dean called the meeting to order, and the following proceedings were held: Mr. Norris gave the invocation. The Pledge of Allegiance and Texas Pledge were recited. Minutes of January 13, 2025 and January 16, 2025. Motion was made by Mr. Edgmon and seconded by Mr. Blackstone to approve the minutes. The motion was approved by unanimous vote. Citizen comments on non-agenda items. Council member Mitchell shared his concerns regarding District One, asking for help bringing a grocery store to the district and repaving Dixie and Grandview. Contractors’ reports: Economic Development Department, Current Media Partners, Black Chamber of Commerce, UTPB-America’s SBDC, MOTRAN, City Administrative support, financials. Mr. Manskey presented information on the Economic Development Departments’ existing projects, December 2024 economic indicators and social media. Ms. Callicoate presented information on ODC Meeting February 13, 2025 Page 2 Current Media Partners’ digital advertising budget, trade publications, lead forensics, native content placement and testimonial videos. Ms. Banda presented the financial report. Motion was made by Mr. Edgmon and seconded by Mr. Blackstone to approve the financial report. The motion was approved by unanimous vote. ODC Committee and officer reports: Odessa Partnership, Advertising, DOI Grants Design Review Board, Compliance, and Investment Review. None Resolution No. ODC-2025-02 Performance agreement with Insulation Distributors. Brian Green discussed the performance agreement with Insulation Distributors. Motion was made by Mr. Blackstone and seconded by Mr. Edgmon to approve a resolution on the performance agreement with Insulation Distributors. The motion was approved by unanimous vote. Resolution No. ODC-2025-03 Six month extension for Prodigy Imaging, LLC downtown façade grant. Mr. Manskey discussed the six month extension for Prodigy Imaging, LLC downtown façade grant. Motion was made by Mr. Edgmon and seconded by Mr. Blackstone to approve a resolution on a six month extension for Prodigy Imaging, LLC downtown façade grant. The motion was approved by unanimous vote. Resolution No. ODC-2025-04 Amend the Downtown Infrastructure and Façade Grants Program. Mr. Manskey discussed extending the Infrastructure and Façade Grants Program. Motion was made by Mr. Norris and seconded by Mr. Edgmon to approve a resolution amending the Downtown Infrastructure and Façade Grants Program. The motion was approved by unanimous vote. Resolution No. ODC-2025-05 Amend the ODC Bylaws. Ms. Buhnerkempe explained the changes to the ODC Bylaws. Motion was made by Mr. Edgmon and seconded by Mr. Blackstone to approve a resolution amending the ODC Bylaws. The motion was approved by unanimous vote. Reimbursement process for infrastructure agreements. Ms. Buhnerkempe and Ms. Banda discussed the reimbursement process for infrastructure agreements. Motion was made by Mr. Norris and seconded by Mr. Blackstone to pay ICA. The motion was approved 4-0 with Mr. Edgmon abstaining. Convene into Executive Session: As authorized by the Texas Government Code Sec. 551.087 (Deliberation regarding economic development negotiations), the ODC Board may adjourn into executive session to: (1) to discuss or deliberate regarding commercial or financial information that ODC Meeting February 13, 2025 Page 3 the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1) regarding: 1. Project Phoenix 2. Project Whiptail 3. Project Thunderstorm 4. Project TCP 5. Project PEDL Motion was made by Mr. Blackstone to go into Executive Session: As authorized by the Texas Government Code Sec. 551.087 (Deliberation regarding economic development negotiations), the ODC Board may adjourn into executive session to: (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1) regarding: 1. Project Phoenix 2. Project Whiptail 3. Project Thunderstorm 4. Project TCP 5. Project PEDL Mr. Norris was the second. The motion was approved by unanimous vote. Ms. Dean stated no action was taken in Executive Session. Reconvene in open session. Motion was made by Mr. Blackstone to reconvene in open session. Mr. Phillips was the second. The motion was approved by unanimous vote. Motion was made by Mr. Norris and seconded by Mr. Blackstone to adjourn the meeting. The motion was approved by unanimous vote. The meeting was adjourned at 5:09 p.m. ODC Meeting February 13, 2025 Page 4 ATTEST: APPROVED: Stephanie Garay ___________________ Deputy City Secretary Peggy Dean Vice President