STATE OF TEXAS COUNTY OF BURNET 0  0  On this the 20th day of August 2024, the Burnet Economic Development Corporation of the City of Burnet convened in Regular Session, at 3:01 p.m., at the Burnet City Council Chambers, 2402 Board Members: Cary Johnson, David Vaughn, Philip Thurman, Ricky Langley, Keith) McBurnett, CALL TO ORDER: The meeting was called to order by Board President Cary Johnson at 3:00 Approval of the July 16. 2024. BEDC Regular Meeting minutes: Board Member Philip Thurman moved to approve the consent agenda as presented. Board Member Keith McBurnett seconded. Discuss and consider action: Related to the potential sale of all or portions oft the Crossings at 281 South Commercial Park: Kevin Clark spoke to the board about the potential for a beer and wine garden on two lots in this area, similar to The Good Lot in Cedar Park. His concept would bring in food trucks and also function as an event venue as well. David Vaughn, Board Member, provided an update on the hotel. The hotel is currently solidifying the last part of funding. Mr. Vaughn also reported that the Street Committee will meet soon regarding Houston Clinton Drive. Discuss and consider action: Related to the sale of all or portions of the Eastside Commercial Park located on Highway 29 East: David Vaughn reported that Tractor Supply is still slated to open in October and the grand opening is scheduled for Saturday, October 5, 2024. No action taken. Discuss and consider action: Related to the potential sale of all or portions of118) E. Polk Street (Old Bealls Building) and 102 E. Polk Street (Kroeger Strip Center): Board Member David Vaughn reported that at this time, there are no updates. There has been a for sale sign placed on the property and research is being done to explore vendors. No action was taken. Discuss and consider action: Related to the Coke Street Re-Alignment Project: Mr. Vaughn informed the board that discussions regarding possible layouts for road realignments, layout Discuss and consider action: Wedding Oak Winery Building and Lease Agreement: The board discussed options for putting the property up for sale. Board Member Ricky Langley made a motion to put the property up for bid with ai minimum bid of$1.4 million dollars. Board member Discuss and consider action: Related to the findings of the Burnet Community Coalition: Maria Gonzales reported that the final concert of the summer, and Tejano night, was fast approaching, September 7h. Planning for the vendors and the salsa & queso competition are also taking place. Discuss and consider action: Fiscal Year 2024/25 Operating and Capital Budgets: Board Member David Vaughn reported the budget will be complete in September. No action was taken. The Board of Directors of the Burnet Economic Development Corporation shall convene in  S. Water Street, Burnet, with the following members present, to-wit:  Habib Erkan, Jr.  Guests: Kevin Clark, Adrienne Field, Angie Beyer p.m. and quorum was established. CONSENT AGENDA:  The motion carried unanimously. ACTION) ITEMS:  No action was taken.  option, and costs are still being considered. No action taken.  Habib Erkan, Jr. seconded the motion. The motion carried unanimously.  No action taken.  CONVENE TOI EXECUTIVE SESSION: None.  executive session to:    4.1) Pursuant to Section 551.072 Texas Government Code deliberate the purchase, exchange, lease, or value of real property in order to minimize the detrimental effect of such discussion in open session on the position oft the Board in negotiations with third parties for property located at 236 South Main St.. Burnet: D. Vaughn REQUESTS FROM BEDC FOR FUTURE REPORTS: ADJOURN: There being no further business a motion to adjourn was made by Board Member Philip Thurman at 4:54 p.m., and seconded by Board Member Ricky Langley. The motion carried  None.  unanimously. ATTEST:  -  Maria Gonzales, City Secretaty  Burnet Economic  Corporation MA  Déyelàpment  TEXAS