BUDA Economic Development Corporation MEETING MINUTES September 9, 2024  CALL TOORDER ROLLCALL  President Celeste Medulla called the meeting to order at 6:00 pm. A quorum was achieved with the following board members present:  President Celeste Medulla Vice President Jim Niemie Secretary/Ireasurer Betsy Urban Board Member Evan Ture - absent excused Board Member Julia Davis Board Member Matt Smith Board Member Megan Brown  Buda EDC Staff in attendance included CEO Jennifer Storm, Business Engagement Manager Jacqueline Martinez, Sarah Hill, Marketing and Communications Manager, Sr. Administrative  Associate Shannon Cameron, and EDC. Attorney Josh Brockman Weber.  ITEMS ( OF COMMUNITY INTEREST  NONE  PUBLIC COMMENTSPUBLIC TESTIMONY EDC supporting the SH 45 gap project. PUBLICHEARING  Carol Pennington of 1005 Bluebird Drive, Manchaca, TX was present to speak against the Buda  4.IInfrastructure Improvement: Buda EDC proposes to partially fund certain targeted infrastructure improvements with the City of Buda for the construction of water and wastewater lines to service businesses on FM2770 in the amount of $540,000.00 Opened public hearing at 6:05 pm; seeing none. Closed at 6:05 pm. CONSENT AGENDA PUBLICTESTIMONI 5.1 Approval of the. July 2024 Financial Report. 5.2 Approval of the. July 31, 2024, Meeder Investment Report. 5.3 Approval of the August 12, 2024, Regular Board Meeting Minutes.    Motion, to approve the Consent Agenda, as presented, was by Member Matt Smith and seconded  by Member Betsy Urban. Motion carried unanimously.  GENERAL AGENDA ITEMS  6.1 Presentation made by Civic Solutions review and adoption of the City of Buda 4B Laura Huffman provided background information on all: steps taken in the review and preparation of the strategic plan development. Along with Steven Pedigo and Matt Patton, Laura presented the final strategic plan goals and objectives. The BEDC board thanked the group for their work, asked several questions, and then focused on the economic impact of sports teams on the city and the potential future addition of a commuter rai/transportation stop to Buda. Upon adoption of the plan, the final report will be delivered to CEO Jennifer Storm and sent to City Motion, to adopt the strategic plan as presented, was made by Member Matt Smith and seconded 6.2 Approval of a Memorandum of Understanding for. Administration and Professional Services for fiscal year 2024-2025 between the City of Buda 4B Corporation and the City of Background information provided by Jennifer Storm as this is the annual renewal of our agreement with the city for services such as HR, employee benefits, payroll processing, financial accounting, auditing, IT, phones, shared position salary and all administrative and professional services to support the EDC that does not include our lease of the physical space. The actual costs were previously approved in our 2024-2025 annual budget with no additional monetary Motion, to approve was made by Member Celeste Medulla and seconded by Member. Julia 6.3 Approval of an action to authorize the FM 2770 water and wastewater extension project and to authorize a funding agreement with the City of Buda for partial funding of Jennifer Storm explained that the funding agreement is meant to cover the design study for determining the best route for the water and wastewater extension project on FM: 2770. This study is related to the ongoing collaboration between the City and the Economic Development Corporation (EDC) for the previously approved $4.5 million incentive project, Project Nest. Once the design study is completed, the specific route can be determined, allowing for the establishment of timelines and costs necessary to seek funding approvals and proceed with the project. Updates and next steps for this project will be presented to the board for further review. Motion, to approve was made by Member Jim Niemie and seconded by Member Julia Davis.  Corporation 5-Year Strategic Plan for 2024-2029.  Council for approval.  by Member Julia Davis. Motion carried unanimously.  Buda, Texas.  adjustments over what was previously approved. Davis. Motion carried unanimously.  the project in an amount not to exceed $540,000.00.  Motion carried unanimously.    6.4 Small Incentives: Action authorizing a performance agreement and economic development incentives in an amount not to exceed Ten Thousand Dollars ($10,000.00) each with the following businesses in exchange for economic development obligations to the This incentive request originated from al BRE visit by Jacquie Martinez. She outlined the specifics of the incentive request. Celeste Medulla questioned ifi funding was available tol be awarded in the Small Incentive budget for the 2023-2024 fiscal year. Jacquie stated there are sufficient funds due to previous awards not being fully funded, expiring, or not being utilized by Motion, to approve was made by Member Megan Brown and seconded by Member Matt Smith. 6.5 Discussion and possible action of adding BEDC signature on a letter of support for the SH 45 proposed alignment written by Micah Grau, City of Buda City Manager.  Buda EDC: Dos Olivos- -$10,000.00.  the business owner.  Motion carried unanimously.  Postponed until after executive session.  6.6 Approval authorizing a marketing agreement with Racfit Buda.  Background information provided by Jennifer Storm. We collect no economic benefits SO difficult to create an incentive. This will be out ofr marketing budget since not a good fit forITF. Average salary is $70K for 16j jobs -. JN reminded board oft this and food trucks. Motion, to approve was made by Member Matt Smith and seconded by Member. Jim Niemie.  Motion carried unanimously.  ITEMS OF COMMUNITY INTEREST  None.  EXECUTIVE SESSION  At 7:34 pm, members convened in executive session pursuant to the Texas Govemment Code,  Chapter 551, to deliberate the following:  RECONVENE  At 9:24 pm, open session was reconvened, and the following actions were taken:  8.1 Gov't Code Section 551.074 - Deliberation of personnel matters including the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a  public officer or employee: Chief Executive Officer  No action taken. Direction given to staff.    Move back to SH 45. Betsy signed Conflict of Interest and is recusing herself from the vote to At9:24, Member Betsy Urban stepped off the dias and signed an affidavit regarding conflict of 6.5Approval of adding BEDC signature on a letter of support for the SH 45 proposed Background information was provided by CEO Jennifer Storm clarifying that this action would only designate BEDC support along with the City of Buda on the SH 45 alignment project, and Motion, to approve was made by Member Jim Niemie and seconded by Member Matt Smith.  ensure no  interest, recusing herself from the vote.  alignment written by Micah Grau, City of Buda City Manager.  has no input on final decision making. Motion carried unanimously. Member Betsy Urban returns at 9:27 pm. STAFF REPORT  (1) CEO Report was presented by Jennifer Storm reviewing EDC activities of the last month. (2) Staff Report on monthly Buda EDC marketing activities was presented by Sarah Hill, (3) Staff Report on monthly business retention and expansion (BRE)activities was presented by  Marketing and Communications Manager.  Jacquie Martinez. FUTURE AGENDA ITEMS ADJOURNMENT 9:52pm.  There being no further business, the meeting was adjourned by President Celeste Medulla at  Lthe undersigned authority, hereby certify that this meeting's minutes consist of the preceding Minute Record and the Supplemental Minute Record (fapplicable).  ATTEST:  LELEDSI Celeste Medulla, President    Bsalissan Betsy Urban, Seretary/Treasurer