Morgan's Point Resort, Texas Economic Development Corporation JUNE 20, 2024  Regular Meeting & Workshop 6:00 PM to 7:301 PM Sol de. Jalisco Restaurant 1680 Morgan's Point Road  MINUTES  CALL' TO ORDER & QUORUM -Linda Bridges @ 6:03 pm  In attendance (Board of Directors) Linda Bridges, President Jason. Johnson, Vice President Greg Weisman, Director Ted' Teegarden, Director City Council in attendance: Roxanne Stryker Not in attendance (Board of Directors) Terry Harrah, Secretary Scott Fournier, Director Ted VanLier, Director  ANNOUNCEMENTS AND CITIZEN COMMENTS Roxanne Stryker comments regarding economic development  ITEM: #1 NEW BUSINESS Discussion and Possible Action Items  a) Minutes  1. Motion to approve April 18, 2024 Board Meeting Minutes made by Jason Johnson, second by Greg 2. Motion to approve May 18, 2024 Community Outreach Event Minutes made by Greg Weisman, second by jason Johnson. Majorityapproved. June 15, 2024 Community Outreach event was cancelled 1. Motion to accept Statement of Cash Flow Report April & May 2024 made by Greg Weisman, second 2. IRS Tax Penalties. Linda called the IRS and was told that the penalty for late filing of 501 (C) 4 has been removed. The IRS is late with sending out follow up letters. IRS could not give us a date on when 1. Motion to accept 2024-25 Workplan as presented was tabled until the. July 181 Board of Directors 2. Motion to approve Oct 1, 2024- Sept 30, 2025 Budget as presented was tabled until the. July 181 Board of  Weisman. Majority approved. due to lack of quorum. b) Financial Report  by Jason. Johnson. Majority approved we might expect the official letter.  2024-24 Workplan and) Budget (Due to City Council Aug 1 for approval) Meeting. Recommend workplan to focus on' Tiny Business Village.  Directors Meeting.    d) Projects  1. Tiny Business Village  A) Steering Committee- On hold until after project is presented to City Council B) Zoom call with Ann Mische, City Clerk from Muskegon, Michigan (Western Village) (time options are Thursday, Noon-3 PM and Monday, Noon-4 PM Date- Linda will gather questions  from Directors and make the call to Ann Mische.  e) Community Engagement  1. Motion for EDC to participate in a Tiny Village Survey tabled until after project is presented to 2. Motion to purchase a EDC Pop Up Tent on hold until decision is made about the Tiny Business f) July 181 MPR EDC regularly scheduled meeting- change in time- Start at 12:30 PM- closel by 2:001 PM  City Council tabled until after project is presented to City Council  Village.  (Meetings are at the Call of the President) **Starting aJ July 18, 2024 ITEM: #2 OLD BUSINESS Discussion and Possible Action Items N/A  a) Risk Management Program  1) Record storage & Password policies (payment approval procedure) (Jason Johnson) b) Event Center- Workplan # 21 Maximize CityAssets (project on hold to assess tornado damage) ITEM: #3 BOARD MEMBER REPORTS AND ANNOUNCEMENIS N/A ITEM #4 BRIEFING BY CITY MANAGER/ASSISTANT MANAGER/CFO N/A ITEM: #5 REQUEST AGENDA ITEMS FOR FUTURE MEETINGS 1. Tiny Business Village discussions at each Board of Directors Meetings  2. Consider using the T-Mobile Grant for the Tiny Business Village rather than the event center 3. Look into other grants for the Tiny Business Village (AARP Community Grant 2024)  ITEM #6 ADJOURNMENT- Adjourn @ 7:301 PM  Attest: Linda  CApRba Bridges, EDC President  2