MINUTES OF THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1 BOARD OF DIRECTORS MEETING OCTOBER 8, 2024 1. Call to order and confirm a quorum MDD President Todd Crabtree called the meeting of the Fate Municipal Development District No. 1 to order at 6:01 P.M. on the 8th day of October 2024, in the Fate City Hall located at 1900 CD Boren Parkway, Fate, Texas. City Secretary Victoria Raduechel confirmed the presence of a quorum. Members Present: Deidra Roe Allen Robbins Zachary Timko Cheyenna Tellez, Secretary Todd Crabtree, President Bob Chambers, Vice President Erin Penney Members Absent: None City Staff Present: Steven Downs, Assistant City Manager Justin Weiss, Economic Development Manager Victoria Raduechel, City Secretary 2. Discuss, consider, and take any necessary action regarding approval of minutes of the Fate Municipal Development District No. 1 Meeting held September 10, 2024. Board Member Allen Robbins moved to approve the minutes of the Fate MDD meeting held September 10, 2024. Board Member Bob Chambers seconded the motion. There was no discussion and the vote on the motion was as follows: Ayes: President Crabtree, and Board Members Roe, Robbins, Timko, Tellez, Chambers, and Penney. Nays: None President Crabtree declared the motion carried unanimously. amendment to the Fiscal Year 2024-2025 MDD Budget. 3. Discuss, consider, and take any necessary action regarding approving an October 8, 2024 MDD Meeting Minutes Page 1 of3 Justin Weiss, Economic Development Manager provided a briefoverview oft the proposed budget amendment and answered questions from the Board regarding the same. Board Member Bob Chambers moved to approve the Fiscal Year 2024-2025 MDD Budget Amendment, as presented. Board Member Deidra Roe seconded the motion. There was no discussion and the vote on the motion was as follows: Ayes: President Crabtree, and Board Members Roe, Robbins, Timko, Tellez, Chambers, and Penney. Nays: None President Crabtree declared the motion carried unanimously. 4. Discuss, consider, and take any necessary action regarding MDD Resolution No. R-2024-002- approving the administrative services agreement with the City of Fate Justin Weiss, Economic Development Manager provided a brief overview of the administrative services agreement and answered questions from the Board regarding the Board Member Allen Robbins moved to approve MDD Resolution No. R-2024-002 - approving the administrative services agreement with the City of Fate and authorizing the and authorizing the Executive Director to execute said agreement. same. Executive Director to execute said agreement. Board Member Cheyenna Tellez seconded the motion. There was no discussion and the vote on the motion was as follows: Ayes: President Crabtree, and Board Members Roe, Robbins, Timko, Tellez, Chambers, and Penney. Nays: None 5.A Adjournment to adjourn the meeting. President Crabtree declared the motion carried unanimously. There being no further business before the board, Board Member Allen Robbins moved Board Member Bob Chambers seconded the motion. There was no further discussion, and the vote was as follows: Ayes: President Crabtree, and Board Members Roe, Robbins, Timko, Tellez, Chambers President Crabtree declared the motion carried unanimously and the meeting adjourned and Penney. Nays: None at 6:09 p.m. October 8, 2024 MDD Meeting Minutes Page 2of3 APPROVED BY THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1E BOARD OF DIRECTORS ON THE. IOth DAY OF bibUr, 2024. EITTOF FATE * * APPROVED: it Todd Crabtree, President ATTEST: ORPORATED olowiladckl Victoria Raduechel, TRMC City Secretary October 8, 2024 MDD Meeting Minutes Page 3of3