MINUTES SPECIALJOINT MEETING  HEATH MUNICIPAL BENEFITS CORPORATION (HMBC) and HEATH ECONOMIC: DEVELOPMENTCORPORATION (HEDC)  TUESDAY, AUGUST: 20, 2024, 5:30 P.M.  ATTENDING:  JUSTIN SAUNDERS, PRESIDENT MIKE: ZILINSKAS, VICE PRESIDENT JEREMIAH MCCLURE, EX OFFICIO CYNTHIA. ALLEN DOUGLAS BARKLEY GLEN HETTINGER MYLES HUNTER RICH KOEPKE  1. President Justin Saunders called the Heath Economic: Development Corporation (HEDC) and Heath Municipal Benefits Corporation (HMBC) meeting to order at 5:30 p.m.  2. Public Comment  There were. no public comments. 3. Items for Individual Consideration  3.a New Board Member Welcome, Introductions and Orientation.  President Saunders welcomed new board members, Douglas Barkley, Glen Hettinger, Myles Hunter and Rich Koepke. He and Mike Zilinskas presented an. HEDC/HMBC Orientation that covered the organization's mission, structure, funding, incentive tool kit, past projects and current projects. 3.b Discussion and. Action Regarding Election of a Vice President oft the Heath  Municipal Benefits Corporation and Heath Economic Development Corporation.  MOTION: MOTION MADE: SECONDED: APPROVED: MOTION: MOTION MADE: SECONDED: APPROVED:  NOMINATE MIKE: ZILINSKAS. AS VICE PRESIDENTOFTHE  HEDC/HMBC. SAUNDERS ALLEN  PASSED UNANIMOUSLY BYTHOSE: PRESENT  3.c Discussion and Action Regarding the Minutes of the July 16, 2024, Regular Meeting.  APPROVE: THE: MINUTES OFTHEJULY1 16, 2024, MEETING WITH7 THE. AMENDMENTTHAT: BOARD MEMBER CYNTHIA  ALLEN WAS PRESENT. ZILINSKAS SAUNDERS  PASSED UNANIMOUSLY. BYTHOSE: PRESENT  August 20, 2024-1 Heath. Economic Development & Municipal Benefits Corporation- - Minutes  Pagelof3    3.d Discussion and Action Regarding Council, Staffand Board Member Reports Mayor McClure reported that a PATH Steering Committee had been appointed toj pursue public/private partnerships and with the mission ofs speeding up the completion of community assets including trail segments. Cynthia Allen is serving as the HEDC/HMBCI liaison on the PATH Steering Committee. Assistant City Manager Aaron. Adel reported that two medical facilities were underway on Horizon Road: ClearSky Rehabilitation Hospital and the new Sandknop Family Practice, which is relocating to  Heath from Rockwall.  3.e Presentation, Discussion and Action Regarding FY 2025-2025 Budget for the Heath Municipal Benefits Corporation and Heath Economic Development  Corporation. (T.. Plexico).  Major revenues are sales tax and interest; major expenditures are an increase in the HMBClandscape maintenance to $28,000 to cover: 11 mowings annuallyi instead ofs six; the 25% contribution toi the Parks and Community Improvement CIP; and the contribution towards the Towne Center Park renovation. The HEDCI has a current fund balance of1,036%; and the HMBCi is 122%. Thei recommended balance is 25%. The 25%1 transfer for the Parks and Community Improvement CIP will be $198,000 from each Members had questions regarding the collection and reporting ofs sales tax, particularly online sales tax. Plexico reminded the board that entities and amounts remitting sales tax to the City of] Heath were confidential, per the State Comptroller's requirements. A consultant was hired in 2022 to pursue any sales tax funds that were not getting remitted to the City of Heath, but no significant amount had been identified. Finance Director Jay Ayres added that sales tax was flattening due to a decrease in spending  fund in 2024-2025.  locally. MOTION: MOTION MADE: SECONDED: APPROVED: MOTION: MOTION MADE: SECONDED: APPROVED:  APPROVE RESOLUTION HEDC-: 240820 ADOPTINGTHE  BUDGET: FOR FY: 2024-2025.  SAUNDERS ALLEN  PASSED UNANIMOUSLY BYTHOSE PRESENT APPROVE RESOLUTION HMBC-240820 ADOPTING1 THE  BUDGET. FOR: FY: 2024-2025.  SAUNDERS BARKLEY  PASSED UNANIMOUSLYBYTHOSE PRESENT  4. Convene Executive Session.  President Saunders convened Executive Session at 7:03 p.m.  5.  Reconvene Open Session.  President Saunders reconvened into Open Session at 7:31 p.m. stating no action was taken during  Executive Session.  August 20, 2024- - Heath Economic. Development & Municipal Benefits Corporation- - Minutes  Page 2 of3    6. Adjourn  At 7:31p.m., President Saunders adjourned the meeting.  APPROVED: PRESIDENT  SUZANNEEROOKE  BOARDI LIAISON  E  August 20, 2024-1 Heath Economic Development & Municipal Benefits Corporation- Minutes  Page3of3