280  STATE OF TEXAS COUNTY OF BURNET CITY OF MARBLE FALLS  On June 5, 2024 the Marble Falls Economic Development Corporation convened in regular session and for the annual meeting at Noon in the City Hall Council Chambers, with notice of meeting giving time, place, date, and subject having been posted as described in Chapter 551  of the Texas Government Code.  PRESENT:  Mark Mayfield Judy Miller Ryan Nash John Packer Lindsay Plante Dave Rhodes Steve Reitz Christian Fletcher Midge Dockery Josh Brockman-Weber Christina McDonald Jeff Lazenby Josh Brockman-Weber Caleb Kraenzel Russell Sander Erin Burks Jeff Prato Lacy Dingman  Vice President Director Director Director Director Director President Executive Director Assistant Director Attorney Secretary/City Secretary Treasurer/Director of Finance Attorney Deputy City Manager Assistant City Manager Downtown and Marketing Manager City Engineer Director of Parks and Recreation  ABSENT: STAFF:  VISITORS: Nathan Bush (Daily Trib), Raymond Whelan (The Highlander)  1. CALL TO ORDER AND ANNOUNCE QUORUM IS PRESENT. Vice President Mayfield called the  meeting to order at Noon and announced the presence of a quorum. 2. CITIZENS COMMENTS. There were no citizen comments.  3. PRESENTATIONS AND UPDATES. There were no presentations or updates.  4. ASSISTANT DIRECTOR'S REPORT. Midge Dockery, Assistant Director provided an update on 5. EXECUTIVE DIRECTOR'S REPORT. Christian Fletcher, Executive Director updated the board  real estate activity, business visits, programs and marketing. on prospect activity, the EDC's financials, and projects.  June 5, 2024 Meeting Page 1 of3    281  6. CONSENT AGENDA.  (a) Approval of the minutes of the May 1, 2024 regular meeting. Director Plante moved to approve the consent agenda. Director Packer seconded the motion. A vote of 5-0  approved the consent agenda.  7. REGULAR AGENDA.  (a) Administration of Oaths of Office. Christina McDonald, City Secretary administered Oaths of Office to Mark Mayfield, Ryan Nash, John Packer, and Dave Rhodes. (b) Discussion and Action on the selection of Officers (President, Vice-President, Secretary, and Treasurer) pursuant to Section 4.02 of the EDC Bylaws. Director Packer moved to select Steve Reitz as President, Mark Mayfield as Vice President, Christina McDonald as Secretary, and Jeff Lazenby as Treasurer. Director Miller seconded the (c) Discussion and Action on committee assignments. Director Packer moved to appoint  motion. The motion carried by a unanimous (6-0) vote.  members to EDC Committees as follows:  Finance: President Reitz, Vice President Mayfield, and Director Packer Marketing/PR: Directors Miller, Nash and Plante Workforce/High Ed: Directors Packer, Nash and Rhodes Downtown: President Reitz, Vice President Mayfield, and Director Packer Business & Technology Park: President Reitz, Vice President Mayfield and Community Leverage: President Reitz and Directors Miller and Rhodes Sign Replacement: President Reitz, Vice President Mayfield, and Director Packer  Director Nash  BIG: President Reitz and Directors Plante and Nash  Director Rhodes S seconded the motion. The motion carried by a unanimous vote (6-0). (d) Discussion and Possible Action on a design services proposal for parking improvements at Yett and Avenue J. Executive Director Christian Fletcher presented the item. Director Packer moved to accept Luck Design Group's proposal of $49,850for parking improvements at Yett and Avenue. J. Director Miller seconded the motion. The (e) Discussion and Possible Action on a Bid from Myers Concrete Construction, LP, for work on Phases 1b and 1c of the City's Parks Master Plan in an amount not to exceed $4,630,014.23. After much discussion, Director Packer moved to award the bid from Myers Concrete for work on Phases 1b and 1c of the City's Parks Master Plan in an amount not to exceed $4,200,000.00 and authorize the EDC President to execute a  motion carried by a vote of 6-0.  June! 5, 2024 Meeting Page 20 of3    282  contract subject to City Attorney approval in an amount not to exceed $4,200,000.00. Director Miller seconded the motion. The motion carried by a vote of5-1, with Director () Discussion and Action on FY 24-25 Budget. Executive Director Christian Fletcher presented the item. Director Nash moved to accept the budget as presented. Director  Nash voting opposed.  Plante seconded the motion. The motion carried by a vote of6-0.  8. EXECUTIVE SESSION  Close Open Session and Convene Executive Session pursuant to $551.087 (Economic Development), $551.071 (Private Consultation between the Board and its Attorney), and $551.072 (Deliberation Regarding the Purchase, Exchange, Lease or Value of Real Property), of the Open Meetings Act. Tex. Gov't Code, the Economic Development  Corporation will meet in Executive Session to discuss the following:  Economic Development Prospects  1:27 pm The Board convened to Executive Session 1:46 pm The Board returned to Open Session  9. RECONVENE TO OPEN SESSION FOR POSSIBLE ACTION RESULTING FROM ITEMS 10. FUTURE AGENDA REVIEW. Staff noted that the next regular meeting is July 3, 2024. 11. ADJOURNMENT. There being no further business to discuss, Director Packer moved to adjourn. Director Miller seconded the motion. The meeting was adjourned at 1:51 pm.  DISCUSSED IN EXECUTIVE SESSION. No action was taken.  SHRL  Steve Reitz, President  ATTEST:  KAw Christina McDonald, Secretary  June! 5, 2024 Meeting - Page3of3