MINUTES  NEVADA ECONOMIC DEVELOPMENT CORPORATION  Thursday, June 20, 2024 7:00PM at City Hall President - Bruce Mathews  Secretary - Russell Newton Treasurer - Walt Newell Director - Amanda Wilson  Vice President - Rocky Turner Director - Donald Deering Director = Shawn Pharr  EDC. Attendance: Shawn Pharr Amanda Wilson  City Staff: N/A  Citizens: N/A  Bruce Mathews Russell Newton  Walt Newell  REGULAR MEETING  1. Call to Order and Declaration of Quorum-  Time: 7:02PM 2. Public Comment-  COU  Citizens are invited to address the Economic Development Corporation (EDC) with public comments. Comments regarding items for which notice has not been given will be limited to three minutes, prior to discussion ofagenda items, and Council responses shall be in accordance with Sec. 551.042 ofthe Texas Government Code. Comments regarding an item on the agenda may be given before or during discussion  ofthat item. An intentional act intended to disrupt a government meeting is prohibited.  None  CONSENT AGENDA: ACTION  3. A. Approval of Previous Meeting Minutes, April 18, ,2024-  Motion by Director Donald Deering and seconded by Director Shawn Pharr to table approval of the  minutes. 4-Yeas, O-Nays  B. Approval of Previous Meeting Minutes, May 22, 2024- C. Approval of Previous Meeting Minutes, June 20, 2024-  Motion by Director Shawn Pharr and seconded by Treasurer Walt. Newell toi table approval oft the minutes.  5-Yeas, O-Nays  5    4. Donut Shop Property Update:  REGULAR AGENDA  Discussions take place in executive session.  5. Investment Interest Update:  There are two CD's, $12,000 and $250,000.  6. Proposed Sports Complex, Director Rocky Turner was not in attendance to speak on this item.  7. Proposed Sport Complex:  President Bruce Mathews with contact Director Rocky Turner to discuss the Developer interested in  building a Sports Complex.  8. - Josephine ChamberofCommere; thisisanetworking entity and would like Nevada toj join their Chamber 9. EDC Training Update, Secretary Russell Newton completed the training the week of 6/11/2024  of Commerce. 6/14/2024.  10. Future Agenda Items-  ToVt  FUTURE AGENDA  Future agenda items shall be designated by the President. In addition, a motion and a second from any two Directors shall be sufficient to add an agenda item for aj future meeting. Staff and counsel shall have prior consent ofthe President to add an agenda item, for aj future meeting.  1. Consider contributing to South Street 2. EDC purchase ofa Sewer System 3. Board consider allowing the president to 8. negotiate property purchase. 4. Consider moving the EDC meetings to a 9. new location. 5. Follow up on the old Coffee Shop 11. Executive Session - Time: 8:20pm  6. 7.  10.    Texas Government Code 551.074 eronne-delberation regarding the City Secretary and City As authorized by Section 551.071 (2) of the Texas Government Code, this meeting may be convened into closed Executive Session for the purpose ofseeking confidential legal advice from the City Attorney Texas Govt. Code 551.071 of the Texas Government Code legal advice from the City Attorney, regarding legal process requirements for code enforcement, building permits, inspections, and  Clerk's positions or other personnel for city staff.  on any agenda item listed herein.  municipal court appointment and process.  12. Regular Session: Reconvene from Executive Session- - Time: 9:24pm  Future agenda items shall be designated by the President. In addition, a motion and a second from any two NEDC persons shall be sufficient to add an agenda item for a future meeting. Staff and counsel shall have  prior consent ofthe president to add an agenda item for aj future meeting.  13. Adjourmentcosing- Time: 9:25PM  Due  Bruce Mathews, NEDC President  Brululdt Russell Newton, NEDC Secretary  7