Regular Tomball Economic Development Corporation Meeting

NOTICE OF REGULAR TOMBALL ECONOMIC DEVELOPMENT CORPORATION MEETING Tuesday, November 12, 2024 5:30 PM Notice is hereby given of a meeting of the Tomball Economic Development Corporation, to be held on Tuesday, November 12, 2024 at 5:30 PM, City Hall, 401 Market Street, Tomball, TX 77375, for the purpose of considering the following agenda items. All agenda items are subject to action. The Tomball Economic Development Corporation reserves the right to meet in a closed session for consultation with attorney on any agenda item should the need arise and if applicable pursuant to authorization by Title 5, Chapter 551, of the Texas Government Code. THE TOMBALL ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF TOMBALL, TEXAS, WILL CONDUCT THE MEETING SCHEDULED FOR NOVEMBER 12, 2024, 5:30 PM, AT 401 MARKET STREET, TOMBALL, TEXAS, 77375. THIS MEETING AGENDA AND THE AGENDA PACKET ARE POSTED ONLINE AT: HTTPS://TOMBALLTX.GOV/ARCHIVE.ASPX?AMID=38 A RECORDING OF THE MEETING WILL BE MADE AND WILL BE AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH THE OPEN MEETINGS ACT UPON WRITTEN REQUEST. The public toll-free dial-in numbers to participate in the telephonic meeting are any one of the following (dial by your location): +1 312 626 6799 US (Chicago); +1 646 876 9923 US (New York); +1 301 715 8592 US; +1 346 248 7799 US (Houston); +1 408 638 0968 US (San Jose); +1 669 900 6833 US (San Jose); or +1 253 215 8782 US (Tahoma) - Meeting ID: 837 0471 1760 Passcode: 380721 The public will be permitted to offer public comments telephonically, as provided by the agenda and as permitted by the presiding officer during the meeting. A. Call to Order B. Invocation C. Pledges D. Public Comments and Receipt of Petitions; [At this time, anyone will be allowed to speak on any matter other than personnel matters or matters under litigation, for length of  Regular Tomball Economic Development Corporation Meeting November 12, 2024 | Agenda Page 2 of 4 time not to exceed three minutes. No Council/Board discussion or action may take place on a matter until such matter has been placed on an agenda and posted in accordance with law - GC, 551.042.] E. Reports and Announcements F. Reports by TEDC Staff: 1. Fall 2024 Quarterly Newsletter 2. Office Relocation Update 3. Mix & Jingle Networking Event – December 12, 2024 – 5:00 – 7:00 – Paradigm Brewing Company G. Approval of Minutes 4. Regular Tomball EDC Meeting of September 10, 2024 5. Special Tomball EDC Meeting of October 8, 2024 H. New Business 6. Presentation by Bragg Farmer, Finance Director, regarding the Tomball EDC 2023-2024 Fiscal Year End financial statements. 7. Consideration and possible action by Tomball EDC to approve, as a Project of the Corporation, an agreement with NIVIS SERIES, LLC to make direct incentives to, or expenditures for, assistance with infrastructure costs required or suitable for the promotion of new or expanded business enterprise related to the construction of a commercial office/retail development to be located at 424 Holderrieth Blvd, Tomball, Texas 77375. The estimated amount of expenditures for such Project is $34,170.00 - Public Hearing 8. Consideration and possible action by Tomball EDC to approve, as a Project of the Corporation, an agreement with Niky’s Mini Donuts, LLC to make direct incentives to, or expenditures for, rental assistance for new or expanded business enterprise to be located at 1417 Graham Drive, Suite 400, Tomball, Texas 77375. The estimated amount of expenditures for such Project is $10,000.00. - Public Hearing 9. Consideration and possible action by Tomball EDC to approve an amendment to the Commercial Real Estate Listing Agreement with Colliers International  Regular Tomball Economic Development Corporation Meeting November 12, 2024 | Agenda Page 3 of 4 for the sale of EDC owned property in the Tomball Business and Technology Park. 10. Consideration and possible action by Tomball EDC to approve an amendment to Exclusive Representation Agreement with Colliers International for real estate services related to the acquisition of property within the city limits of or ETJ of Tomball. 11. Consideration and possible action by Tomball EDC to approve, a Resolution of which the caption reads: “A RESOLUTION OF THE TOMBALL ECONOMIC DEVELOPMENT CORPORATION PROVIDING THE TIME AND PLACE OF THE REGULAR MEETINGS OF THE TOMBALL ECONOMIC DEVELOPMENT CORPORATION IN THE CITY OF TOMBALL, TEXAS FOR THE YEAR 2025.” 12. Election of Officers: President, Vice President, Secretary, Treasurer 13. TEDC Quarterly update on 2024-2025 Strategic Work Plan. 14. Consideration and possible action to approve an agreement with TXP, Inc. for an economic development incentive policy analysis for a not-to-exceed amount of $52,000 (fixed fee of $49,500 plus travel expenses). 15. Consideration and possible action to approve strategically located billboards aimed at enhancing the overall visibility and economic growth of our downtown district. 16. EXECUTIVE SESSION: The Tomball Economic Development Corporation Board will meet in Executive Session as authorized by Title 5, Chapter 551, Texas Government Code, The Texas Open Meetings Act, for the following purpose: - Section 551.072, - Deliberations regarding real property: Deliberate the purchase, exchange, sale, lease, or value of real property. - Section 551.087, - Deliberation regarding Economic Development negotiations. 17. Reconvene into regular session and take action, if necessary, on items discussed in Executive Session. I. Adjournment CERTIFICATION  Regular Tomball Economic Development Corporation Meeting November 12, 2024 | Agenda Page 4 of 4 I hereby certify that the above notice of meeting was posted on the bulletin board of City Hall, City of Tomball, Texas, a place readily accessible to the general public at all times, on the 8th day of NOVEMBER 2024 by 5:30 PM, and remained posted for at least 72 continuous hours preceding the scheduled time of said meeting. Kelly Violette Executive Director This facility is wheelchair accessible and accessible parking spaces are available. Requests for accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary’s office at (281) 290-1019 for further information. AGENDAS MAY BE VIEWED ONLINE AT www.ci.tomball.tx.us.