Minutes  Wylie Economic Development Corporation Board of Directors Regular Meeting October 16, 2024 -7:30A.M. WEDC Offices - Conference Room 250 SI Hwy 78 - Wylie, TX 75098  CALLTOORDER Announce the presence ofa Quorum  President Melisa Whitehead called the meeting to order at 7:31 a.m. Board Members present were Vice  President Demond Dawkins, Blakel Brininstool and Harold Smith. Ex-Officio Member, City Manager Brent Parker were present.  WEDC staff present included Executive Director Jason Greiner, Administrative Assistant Marissa Butts,  and Office Manager Christy Stewart. INVOCATION. & PLEDGE OF ALLEGIANCE  Demond Dawkins gave thei invocation and Harold Smith led thel Pledge of Allegiance.  Ex-Officio Member, Mayor Matthew Porter arrived during the invocation and the Pledge of Allegiance at  7:32 a.m.  COMMENTS ONI NON-AGENDA ITEMS  Ex-Officio Member, City Manager Brent Parker provided updates on business that are operating but may not be in compliance with the City of Wylie. A list has been received and the City is working with either  thel landlords or the businesses to achieve compliance.  With no other citizen participation, President Whitehead moved to Consent. Agenda.  CONSENT AGENDA  All matters listed under the Consent Agenda are considered: to be routine by the WEDC. Board of Directors and will be enacted by one motion. There will not be a. separate discussion of these items. Ifdiscussion is desired, that item will be removed from the Consent. Agenda and will be considered. separately. A. Consider and act upon approval of Minutes from September 18, 2024, Regular Meeting of  the WEDC Board of Directors.  B.  Consider and act upon approval of the September 2024 WEDC Treasurer's Report. A motion was made by Blake Brininstool, seconded by Harold Smith, to approve the Consent  Board Action  Agenda as presented. A vote was taken, and the motion passed 4-0.    WEDC - Minutes October 16, 2024 Page 2 of3  REGULAR. AGENDA  1. Consider and act upon issues surrounding the Election of Officers for the WEDC Board of  Directors for 2024-2025. Staff Comments  Staff reminded the Board of the approval of the Second Amended and Restated Bylaws. In accordance with the Bylaws, the Vice President serves a1 term ofc one year and succeeds to the office ofPresident on the expiration oft thet term of office ofthe Vice President. The then-current President is no longer President and continues as a member oft the Board as Immediate Past President. The Board will then elect ai new Vice President among its Members who willl be in rotation to be President in 121 months. The Secretary and' Treasurer will then bei nominated amongst the Board. Members of the Board then discussed their interest to serve as either Vice President, Secretary, or  Treasurer. Board Action  Amotion was made by Melisa Whitehead, seconded by Blake Brininstool, to elect Blake Brininstool as Vice President, Harold Smith as Secretary, and Whitney McDougall as Treasurer for 2024-2025. 2. Consider and act upon the establishment ofal Regular Meeting Date and' Time for the WEDC  A vote was taken, and the motion passed 4-0. Board of] Directors for 2024-2025. Staff Comments  Thel Board reviewed the calendar and potential conflicts and discussed continuing to. hold the WEDC  Board Meetings on thei third Wednesday ofe each month at' 7:30 a.m.  Board Action  AI motion was made by Blake Brininstool, seconded by Harold Smith, to keep the current monthly WEDC Board Meeting set for the third Wednesday of each month at 7:30 a.m. A vote was taken,  and the motion passed 4-0. DISCUSSION ITEMS  DS1. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking,  Engineering Report, Upcoming Events, and WEDC. Activities/Programs.  StaffComments  Staffreferred thel Boardi tot the. Agenda Report providedi in thej packet for all updates related to WEDC Property Updates, Temporary Access Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. Updates regarding the status of ongoing construction sites were provided. Stafft then confirmed Board availability to attend upcoming events.  Staffnoted: a 6.54% increase in sales tax revenues for the month of October.  EXECUTIVE SESSION Code, to wit:  Recessed into Closed Session at 7:50a a.m. in compliance with Section 551.001, et. seq. Texas Government    WEDC - Minutes October 16, 2024 Page 3of3  Sec. 551.072. DELIBERATION REGARDING REAL: PROPERTY; CLOSED MEETING. ES1. Consider the sale or acquisition of properties located at Brown/Eubanks, FM 544/Cooper, Sec. 551.087. DELIBERATION. REGARDING: ECONOMICI DEVELOPMENTNEGOTIATIONS: ES2. Deliberation regarding commercial or financial information that the WEDC has received from al business prospect and to discuss the offerofincentives for Projects: 2021-4b, 2022-1b, 2022-1c, 2022-10c, 2023-1c, 2023-2d, 2023-11a, 2023-11b, 2024-2d, 2024-4e, 2024-5a, 2024-7a, 2024-7b, 2024-7e, 2024-8a, 2024-8b, 2024-8c, 2024-8d, 2024-9b, 2024-9c, 2024-9d, 2024-9e President Demond Dawkins stepped out during Executive Session at 8:43 a.m. and returned at 8:44 a.m.  FM 544/Sanden, Jackson/Oak, Regency/Steel, and State Hwy 78/Brown.  CLOSED! MEETING.  2024-9f, 2024-10a, 2024-10b, and 2024-10c.  RECONVENE INTO OPEN SESSION Take any action as aresult of the Executive Session.  President Dawkins reconvened into Open Session at 8:54 a.m. and the Board took the following action: A motion was made by Harold Smith and seconded by Blake Brininstool to authorize the sale ofLot 3, Block B, Regency Business Park Addition, Phase One, a 0.650-acre lot located int the City of Wylie in the amount of $130,000.00 further authorizing the WEDC Board President or his/her designee to execute all documentation necessary to effectuate the transaction. A vote was taken, and the motion passed 4-0.  Board Action  FUTURE AGENDA ITEMS  Board Member Melisa Whitehead requested a future Executive Session agenda item to provide an opportunity to speak with staff as part of the Executive Director's annual review process.  ADJOURNMENT  With no further business, President Dawkins adjourned the WEDC: Board meeting at 9:03 a.m.  3 Demond Dawkins, President  ATTEST:  96 Jason