STATE OF TEXAS COUNTY OF ORANGE  ) )  June 25, 2024  BE IT REMEMBERED THAT a meeting of the Orange Economic Development Corporation of the Cityo of Orange, Orange County, Texas, was held int the City Council Chambers (Library Auditorium)  on Tuesday, June 25, 2024. EDC MEMBERS PRESENT:  Jason Rodrigue Brad Childs Paul Burch Larry Spears, Jr. George Mortimer Tramena Horn Margaret Hope-Adams Mary McKenna Matt Chandler Terrie T. Salter Caroline Hennigan Michael Kunst Jay Trahan Patricia Anderson Jennifer Pool Hillary Gravett Divon' Williams Sarah Hunter Wade Robinson Adam Jack Jake Travis Madison Floyd Cheryl Zeto Mike Zeto Lane Martin  President Vice-President Secretary Director (arrived at 4:01 p.m.) Director Director Director Council Member CouncilMember (arrived at4:28 p.m.) Council Member Council Member City Manager Assistant City Manager, Director of Economic Development City Secretary Deputy City Secretary Assistant EDC Director Deputy Director of CVB and Assistant to the City Manager Deputy Director of Finance Police Major Director of Public Works ITTechnician Deputy Director of Public' Works Director of Finance CIS Manager Chief of Police  EDC MEMBERS ABSENT: COUNCIL MEMBERS PRESENT: COUNCIL MEMBERS ABSENT: STAFF MEMBERS PRESENT:  STAFF MEMBERS ABSENT:  President Rodrigue called the meeting to order at4 4:00 p.m and asked everyone to silence their cell  phones, as there was al lot ofi information to cover in the meeting.    Orange Economic Development Corporation 2  June 25, 2024  MOTION FINDING THAT THE ADVANCE POSTING AND NOTICE REQUIREMENTS OF ARTICLE 8.1200 OF THE CODE OF ORDINANCES OF THE CITY OF ORANGE, TEXAS HAVE BEENI METINRELATONTOALL MINUTES, ANDI PENDING RESOLUTIONS ONTHIS AGENDA AND THAT THE READING OF SUCH ITEMS BE CONFINED TO THE CAPTION OF THE Vice-President Childs moved to approve the motion. Secondi to the motion was made by Secretary  RESOLUTIONS.  Burch, which carried unanimously. Director Spears arrived to the meeting.  CITIZEN COMMENTS There were no citizen comments. APPROVAL OF MINUTES  Director Mortimer moved to approve the minutes of the May 28, 2024 Orange Economic Development Corporation Meeting. Second to the motion was made by Vice-President Childs,  which carried unanimously. PUBLIC HEARING  PUBLIC HEARING FOR THE PURPOSE OF RECEIVING COMMENTS REGARDING FINANCIAL INCENTIVES RELATED TO INFRASTRUCTURE IMPROVEMENTS AT DUGOOD FEDERAL CREDIT UNION, 6895 IH 10 EAST, ORANGE, TEXAS77630 IN/ AN AMOUNT NOT TO EXCEED  $150,000 FOR THE PURPOSE OF ECONOMIC DEVELOPMENT.  Public Hearing began at 4:02 p.m.  Ms. Gravett gave a brief overview of the project, advising it is approximately a 3.3 million dollar Mr. Clint Wilson, DuGood Credit Union, presented a brief PowerPoint Presentation of the project and thanked the EDC Board and City Staff for theirs support. Acopy of the presentation is included Mr. Thomas Jordan, DuGood Credit Union Board' Vice-Chairman, thanked the EDC Board for their  project, with an EDC incentive not to exceed $150,000.  in and being made a part of these minutes.  support and expressed his excitement about the project.  Public Hearing ended at 4:07 p.m.    Orange Economic Development Corporation 3  June 25, 2024  DISCUSSIONACTION  MOTION OF INTENT TO APPROVE AN EDC INCENTIVE WITH DUGOOD FEDERAL CREDIT UNION, 6895 IH 10 EAST, ORANGE, TEXAS 77630 FOR ELIGIBLE INFRASTRUCTURE IMPROVEMENTS IN AN AMOUNT NOT TO EXCEED $150,000 FOR THE PURPOSE OF Director Spears advised he is excited about the project at Eagle Point and offered his Secretary Burch moved to approve the motion. Second to the motion was made by Director MOTION TO APPROVE AN EDC INFRASTRUCTURE GRANT AGREEMENT WITH NEXCORE ATCHRISTUSHOSPITAL-ORANGE, 6901 MEDICALCENTERDRIVE,ORANGE, TEXAS77630 FOR ELIGIBLE INFRASTRUCTURE IMPROVEMENTS IN AN AMOUNT NOT TO EXCEED Vice-President Childs moved to approve the motion. Second tot the motion was made by Director MOTIONAPPROVING: CHANGE ORDERNO.1WITHT.JOHNSONI INDUSTRIES, INC.FORBID #2023-11 WEST SIDE WATER LINE PHASE 2 FOR ELIGIBLE INFRASTRUCTURE IMPROVEMENTS IN AN AMOUNT NOT TO EXCEED $25,800 FOR THE PURPOSE OF ECONOMIC DEVELOPMENT. THE TOTAL EDC INCENTIVE FOR THE PROJECT IS AN Director Spears advised hei is excited for this project, as iti is preparing the City for growth which will Secretary Burchi movedi to approve the motion. Second tot ther motion was madel by Director Spears,  ECONOMIC DEVELOPMENT. congratulations.  Mortimer, which carried unaimously.  $50,000 FOR THE PURPOSE OF ECONOMIC DEVELOPMENT.  Horn, which carried unanimously.  AMOUNT NOT TO EXCEED $570,000. allow us to bring in larger entities which carried unanimously. PUBLIC HEARING  PUBLICHEARINGFORTHEPURPURPOSEOFRECEMINGCOMMENTSREGARDINGAREQUEST BY THE UNITED STATES ARMY CORPS OF ENGINEERS ASTO A PROPOSED CHANGE IN USE OF THE RIVERFRONT BOARDWALK & PAVILION PROPERTY, LOCATED AT 116 6TH STREET,ORANGE,TEXAS77630, FROMOPENSPACETOFLOODPROTECTION, INCLUDING  CONCRETE WALL, LEVEE, AND PUMP STATION. Public Hearing began at 4:12 p.m. Boardwalk and Pavilion project.  Mr. Trahan gave a brief overview regarding the history and development of the Riverfront    Orange Economic Development Corporation 4  June 25, 2024  Mr. Jack, gave a brief overview of the levee project and advised the United States Army Corps of Engineers would give abriefpresentation, focusing ont the proposed change of use fort the property Mr. Greg Bertoglio, Lead Civil Engineer of the Orange County Levee Project, USACE, presented aF PowerPoint Presentation, giving an overview of the proposed Orange County levee alignment. A copy of the presentation is included in and being made a part of these minutes. Mr. Bertoglio advised the levee will protect the City and help to bring in new business. He also advised the presentationiss specifically going tor reviewt the downtown Orange areat to discuss the parcels owned byt the Cityo of Orange EDC, proposed areasi for different levee designs and proposed areai for pump Director Spears asked if the three to four pumps specified for our area of the levee station would Director Spears advised that in previous discussions it was mentioned that the current pumping station would be dismantled. He asked if that was still the case or will it be left in place? Mr. Bertoglio advisedi the proposed pump station, downtown, would bei in addition to the Cooper'sGully pump station. Mr. Bertoglio advised it is meant to handle the downtown Orange area and advised Mr. Bertoglio advised this presentation is not meant to tell anyone what they have to do, but it is intended to present information to the Corporation to help get the levee in place. Secretary Burch asked if there were other options? Mr. Bertoglio advised they have to take into consideration railroad tracks, which they can not shut down. He advised other factors to be considered are utilities, and anyone outside the riverfront area, means there may be areas which Mr. Paul Dickerson, owner of The Orange Stationer, 701 W. Division advised his business willl be impacted byt this and that he is nota against al levee project, however hei is against impacting property that can be utilized for economic development. He advised he feels ift the levee project proceeds as proposed, we would be eliminating properties which could be used for development. Mr. Dickerson advised all of the areas that were mentioned, are high, and if a pump station is placed oni that portion, water would have to be pumped up. Hei feels this would be counterproductive. He Ms. Jo Harris, owner of Farmer's Mercantile, 702 W. Division advised her family has owned the place for 97 years. She advised she does not wanti thel levee to shut them down. She advised their business has neverfloodedi from the Sabine, but theyf floodf from Adam's Bayou. Ms. Harris advised the presentation reflected their property did not flood, and the pump station needs to be locatedi in another place. She advised she nor her customers want to hear a pump station. Director Spears advised this is the part of the levee project the Corporation and City can work with to possibly readjust the proposed levee alignment. He advised this project is from the Texas Legislature, and not the EDC or City building al levee however, we have a chance to see if we can  owned by the EDC.  stations.  each have the 473 cfs capacity? Mr. Bertoglio advised no.  they are still trying to figure out the best approach for that area.  will not be protected.  advised he would like to push the levee further out.  move some things around.    Orange Economic Development Corporation 5  June 25, 2024  Don Carona, Executive Manager of Special Projects, Orange County Drainage District, advisedi it is a total of approximately 26 miles of earthen levee and walls in the Orange County area. He advised this project will protect our County and that we are fortunate to have received this federal appropriation of 2.39 billion dollars. He advised it is not an easy task to drop a levee in a heavily developed area and the local officials are working in conjunction with the Gulf Coast Protection Larry Tyson, 501 W. Front Street advised he is a resident of downtown and the proposed levee Mr. Kunst, advised we are here to discuss the EDC owned property and reminded the Corporation Mr. Goodson remindedi the Corporation that in order to createi the Riverfront Boardwalk and Pavilion project and the EDC is a 501c3 organization. He advised they are authorized to issue tax exempt debt and that is what the Corporation did, to an approximate amount of 6 million dollars for this project. Mr. Goodsonadvised: approximately: 3.3r million dollars is still outstanding and that a change inuse oft the property, could bes seen as a deliberate act to change the use oft the property which still has debt. He advised the IRS may find this disposition may not qualify for tax exempt status, and the tax would be from the beginning of the loan. Mr. Goodson advised that we must determine the financial consequençes to the EDC if we decide to execute a change in use on these properties. He advised if they proposed to buy it, the proceeds could be put in escrow and he's done that Mr. Kunst advised he would like the Corporation to consider the items discussed today and if they Dellal Hutchinson, 501 W. Front Street, advisedi they werel hit withi the storm on May 8h. She advised there was damage to the Boardwalk, and would like to know when the railing would be fixed. She also advised her home is 96 years old and she lives there, and the proposed levee will got through her living room. Mr. Trahan advised, in reference tol her first question, a claim has been processed Mike - 205 W. Front (known as The Boat House), advised there is everyday activity at the Boardwalk. There are many people who can not afford to go anywhere else and it is an enjoyable  District, to have the least impact and not worsen interior drainage.  alignment would take away his house.  that a debt isi in existence on some of the property.  before, but none has mentioned purchasing the property. had any questions, to please reach out tol him or Mr. Trahan.  and repairs are in process.  place to be.  President Rodrigue thanked everyone for attending. Public Hearing ended at 4:58 p.m. REPORTS FROM DIRECTORS There were no reports.    Orange Economic Development Corporation 6  June 25, 2024  ADJOURN TO CLOSED EXECUTIVE SESSION  9. a)  Deliberation Regarding Economic Development Negotiations: (1) Deliberation regarding real estate development project proposal as authorized by Section 551.087 of the Texas Government Code.  The Economic Development Corporation met in a closed executive session at 5:01 p.m.  RECONVENE IN OPEN SESSION  The Economic Development Corporation reconvened in open session at 5:10 p.m.  There was no action taken for Item 9a( (1).  ADJOURMMENT  There being no further business before the Corporation, Secretary Burch moved to adjourn the meeting. Second to the motion was made by Vice-President Childs, which carried unanimously.  The meeting adjourned at 5:10 p.m.  f B  Paul Burch, Secretar  Bby