Minutes Aand B  The EDC. A: and EDCB-Joint: Session Meeting ofthe Simonton Economic Development Corporations  CITY OF SIMONTON August 14, 2024  This is a true and correct copy of the Minutes of The EDC A and EDC B - Joint Session Meeting of the Simonton Economic Development Corporations A and B held on August 14, 2024 at 6:00 PM.  1.  Call to order at 6:07 p.m.  A quorum was present with the: following City Council Members in attendance:  Laurie. Boudreaux, Kelli Matula and. Justin Boudreau.  The meeting wàs called to order jointly by EDC A President Justin Boudreau and EDC B  President Kelli Matula.  City Secretary Nanci Mohr was in attendance. Board Member Bubba Mullins (EDC B) was a late arrival.  2.  Invocation and Pledge  Mayor Boudreaux gavet the invocation.  Mayor Boudreaux led the assembly in the Pledge of Allegiance.  3.  Public Comments  There were no speakers to address the. Joint Committees.  4.  New Business  a. Budget Workshop for fiscal year 2024-2025  MayorLaurie Boudreaux provided an explanation of the financial documents presented to the Committees. Upon request, Mayor Boudreaux explained that an "ICS Sweep" is when funds are transferred into the Committee operating accounts when the balance exceeds $10,000. Mayor Boudreaux also stated that CDARS accounts are an outlet for municipal governments EDC B President Kelli Matula stated that she believed the proposed. 2024-2025 budget should Motion by EDC B Committee Member Dub Sabrsula to approve the proposed 2024-2025  toi invest funds at a higher rate ofi return.  be approved as there are no projects being conducted at this time.  budget. EDCI B Committee Member Roberto Molina seconded the motion.    Ayes: Seven Noes: None  Motion was unanimously approved.  EDC. A President. Justin Boudreau stated that he also believed the proposed 2024-2025 budget Motion by EDC A Committee Member Stacey Gootee to approve the proposed 2024-2025 budget. EDC. A Committee Member Barbara Minton seconded the motion.  should be approved.  Ayes: Five Noes: None  Motion was unanimously approved. b. TML Training - open meetings  EDC A President Justin, Boudreau. provided an explanation regarding the required Open Meetings Act training for the Committee Members. A discussion ensued as to whether the Committee Members would like to perform their training individually at home or as a group. Mayor Boudreaux stated that City Hall Council Chambers was available if the Committees City Secretary Nanci Mohr stated that she would forward Outlook contact cards when all of the Committee Members' email addresses had been received. Mayor Laurie Boudreaux and EDC A Committee President Justin Boudreau reinforced the importance of never "replying  would like to train as a group.  all" in any email discussions under the Open Meetings Act.  5.  Swearing In:  a. Rachel Reyes - EDC Board A b. Joseph Cottle - EDC Board B Joseph Cottle (EDC B).  City Secretary Nanci Mohr swore in: new Committee Members Rachel Reyes (EDC. A) and  8.  The next EDC. Al Meeting is scheduled for October 8, 2024 at 6:00 p.m. The next EDC B Meeting is scheduled for October 9, 2024 at 6:00 p.m.  EDC B Committee Member Dub Sabrsula inquired about strategic planning. Mayor Boudreaux stated that the information could be found in the Comprehensive Plan which is found on1 the website or could be emailed to the Committee Members by City Secretary Nanci EDC: B Committee Member Sunni McKenney West inquired where farmers markets could be held as a suggested future project. Mayor Boudreaux stated that this item was not on the  Mohr.  agenda and should be held for discussion at a future Committee Meeting.    9.  Adjournment  The meeting was adjourned jointly by EDC A President Justin Boudreau and EDCI B President  Kelli Matula at 6:36 p.m. without objection. Respectfully submitted,  SIMO A+  Mayor Laurie Boudreaux DnNy Nanci Mohr, City Secretary  Laufudayo  ATE OF