STATE OF TEXAS COUNTY OF ORANGE  3 3  July 23, 2024  BE IT REMEMBERED THAT a meeting oft the Orange Economic Development Corporation of the City of Orange, Orange County, Texas, was held ini the City Council Chambers (Library Auditorium)  on Tuesday, July 23, 2024. EDC MEMBERS PRESENT:  Jason Rodrigue Brad Childs Paul Burch Larry Spears, Jr. Tramena Horn George Mortimer Margaret Hope-Adams Mary McKenna Matt Chandler Caroline Hennigan Terrie T. Salter Michael Kunst JayTrahan Patricia Anderson Jennifer Pool Hillary Gravett Cheryl Zeto Mike Zeto Lane Martin Adam Jack None  President Vice-President Secretary Director Director Treasurer Director Council Member Council Member Council Member Council Member City Manager AssistantCity Manager, Director of Economic Development City Secretary Deputy City Secretary Assistant EDC Director Director of Finance CIS Manager Chief of Police Director of Public Works  EDC MEMBERS ABSENT: COUNCIL MEMBERS PRESENT: COUNCIL MEMBERS ABSENT: STAFF MEMBERS PRESENT:  STAFF MEMBERS ABSENT:  President Rodrigue called the meeting to order at 4:30 p.m.  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, ANDPENDINGRESOLUTIONSONTHS, AGENDA AND THAT THE READING OF SUCH ITEMS BE CONFINED TO THE CAPTION OF THE Secretary Burchi moved to approve the motion. Second toi the motion was made by' Vice-President  RESOLUTIONS.  Childs, which carried unanimously.    Orange Economic Development Corporation 2  July 23, 2024  CITIZEN COMMENTS There were no citizen comments. APPROVAL OF MINUTES  Director Spears moved to approve the minutes of the. July 9, 2024 Orange Economic Development Corporation Special Call Meeting. Secondi tot the motion was made by Director Horn, which carried  unanimously. PUBLIC HEARING  CONDUCTAPUBLICHEARINGFORTHE PURPOSE OFF RECEMVINGCOMMENTSREGARDING FINANCIAL INCENTIVES RELATED TO INFRASTRUCTURE IMPROVEMENTS AT ORANGE SPINNING WHEEL HOLDING, LLC (RED'S LIQUOR), 6928B HWY 87, ORANGE, TX 77632 IN ANAMOUNT NOT TOI EXCEED $80,000FOR THE PURPOSE OFE ECONOMICDEVELOPMENT. Mr. Trahan led the public hearing with a brief overview oft the project. He advised of the following  The Public Hearing began at 4:32 pm. information about the project:  $1.5 million dollar investment. Add eight to ten jobs. Requesting an $80,000 incentive.  Total oft three spaces: a liquor store and two tenant spaces.  Mr. Chakkiwala, the project owner, advised the project is in the initial state of development and should add sales tax revenue for the City. He advised thei following details about the project:  Red's Liquor Store - 2,750 square feet. Donut Shop 1,500 square feet. Available space for lease 1,000 square feet.  Council Member Chandler inquired about the plan for the existing building on the property. Mr. Chakkiwala advised the former roller rink building is approximately 18,000 square feet and it is being considered for pickle ball courts and a small eatery to serve food and draft beer. He advised there is a second building ont the property, approximately 4,500 square feet, which could bel leased  for storage.  The Public Hearing ended at 4:38 pm. DISCUSSIONACTION  MOTION OF INTENT TO APPROVE AN EDC INCENTIVE WITH ORANGE SPINNING WHEEL HOLDING, LLC (RED'S LIQUOR), 6928B HWY 87, ORANGE, TX 77632 FOR ELIGIBLE    Orange Economic Development Corporation 3 PURPOSE OF ECONOMIC DEVELOPMENT.  July 23, 2024  INFRASTRUCTURE IMPROVEMENTS IN AN AMOUNT NOT TO EXCEED $80,000 FOR THE Secretary Burchr movedi to approve the motion. Second toi the motionw was madel byl Director Spears, MOTION ACKNOWLEDGING RECEIPT OF THE ORANGE ECONOMIC DEVELOPMENT CORPORATION FINANCIAL REPORT FOR THE QUARTER ENDING JUNE 30, 2024. Vice-President Childs movedi to approve the motion. Second tot the motion was made by Secretary MOTION ACKNOWLEDGING RECEIPT OF THE ORANGE ECONOMIC DEVELOPMENT CORPORATION INVESTMENT REPORT FOR THE QUARTER ENDING JUNE 30, 2024. Secretary Burch movedi to approve the motion. Secondi toi ther motion was made byl Director Spears,  which carried unanimously.  Burch, which carried unanimously.  which carried unaimously. REPORTS FROM DIRECTORS There were no reports.  ADJOURN TO CLOSED EXECUTIVE SESSION  8. a)  Deliberation Regarding Economic Development Negotiations as authorized by (1) Deliberation regarding real estate development project proposal as authorized by Section 551.087 of the Texas Government Code.  Section 551 of the Texas Government Code:  The Economic Development Corporation met in a closed executive session at 4:43 p.m.  RECONVENE IN OPEN SESSION  The Economic Development Corporation reconvened in open session at 5:00 p.m.  There was no action taken for Item 8 a (1).  ADJOURMMENT  There being no further business before the Corporation, Secretary Burch moved to adjourn the meeting. Second to the motion was made by Director Spears, which carried unanimously.  The meeting adjourned at 5:02 p.m.    Orange Economic Development Corporation 4  July 23, 2024  AB  TTEST:  Mh Bnl Paul Burch, Secretary