Minutes Wylie Economic Development Corporation Board ofDirectors Regular Meeting December 18, 2024- - 7:30. A.M. WEDC Offices - Conference Room 250 SI Hwy 78 - Wylie, TX 75098 CALLTOORDER Announce the presence ofa Quorum President Demond Dawkins called the meeting to order at 7:32 a.m. Board Members present were Vice President Blake Brininstool, Whitney McDougall, Harold Smith, and Melisa Whitehead. Ex-Officio Members Mayor Matthew Porter and Assistant City Manager Lety Yanez were present. WEDC staff present included Executive Director. Jason Greiner, Assistant Director Rachael Hermes, BRE Director Angel Wygant, Research Analyst Marissa Butts, and Office Manager Christy Stewart. INVOCATION & PLEDGE OF ALLEGIANCE COMMENTS ONI NON-AGENDA ITEMS Demond Dawkins gave the invocation and led the Pledge of Allegiance. With no citizen participation, President Dawkins moved to Consent Agenda. CONSENT AGENDA All matters listed under the Consent. Agenda are considered. to bei routine by the WEDC. Board ofDirectors and will be enacted. by one motion. There will not be a separate discussion of these items. Ifdiscussion is desired, that item will be removedj from the Consent Agenda and will be considered. separately. A. Considerand: act upon approval ofMinutes from November 20, 2024, Regular Meeting ofthe WEDC Board ofDirectors. B. Consider and act upon approval of the November 2024 WEDC' Treasurer's Report. A motion was made by Whitney McDougall, seconded by Blake Brininstool, to approve the Board Action Consent Agenda as presented.. A vote was taken, and the motion passed 5-0. President Dawkins moved tol Discussion items. DISCUSSION! ITEMS DS1. Discussion and updates from WEDC Committees. StaffComments Staff opened discussion for an overview of the Committee for New Business Attraction and Recruitment's tour of Little Elm, which included retail developments, an entertainment facility, WEDC-N Minutes December 18, 2024 Page 2of3 baseball/softball fields, and lake access. The committee discussed what challenges Little Elm has DS2. Staff report: WEDC Property Update, Temporary Access Agreements, Downtown Parking, faced and what has benefited their community. Engineering Report, Upcoming Events, and WEDCActivitisPrvgram: Staff Comments Staff referred the Board tot the. Agenda Report provided in thej packet for all updates related to WEDC Property Updates, Temporary Açcess Agreements, Downtown Parking, Engineering Report, Upcoming Events, and WEDC Activities/Programs. Regarding real estate updates, Staff noted the closing oft the McClure property atl Hwy 78 and Brown scheduled forl December 19th. Regarding the Engineering Report, Staff provided updates on 544 Gateway Addition, Cooper Plaza, and' Westgate. Staff discussed a Leadership Skills Program made available through Collin College that will benefit local businesses, noting that the City of Wylie will also participate in the program. Staff noted a 4.25% increase in sales tax revenues for thei month ofI December. EXECUTIVE SESSION Code, to wit: Recessed into Closed Session at 7:45 a.m. in compliance with Section 551.001, et. seq. Texas Government Sec. 551.072. DELIBERATION REGARDING REAL: PROPERTY; CLOSED MEETING. ES1. Consider the sale or acquisition of properties located at Brown/Eubanks, FM 544/Cooper, FM 544/Sanden, Jackson/Oak, Regency/Steel, State Hwy 78/Brown, and State Hwy 78/Skyview. Sec. 551.074. PERSONNEL MATTERS; CLOSED MEETING. Sec. 551.087. DELIBERATION. REGARDING ECONOMIC: DEVELOPMENT NEGOTIATIONS; ES2. Deliberation regarding commercial or financial information that the WEDC has received from al business prospect and to discuss the offerofincentives forl Projects: 2021-4b, 2021-6c, 2022-1b, 2022-1c, 2023-1c, 2023-2d, 2023-11a, 2023-11b, 2024-2d, 2024-4e, 2024-5a, 2024-5f, 2024-7a, 2024-7b, 2024-7e, 2024-8a, 2024-8b, 2024-8c, 2024-8d, 2024-9b, 2024-9c, 2024-9d, 2024-9e, 2024-9f, 2024-10a, 2024-10b, 2024-10c, 2024-11a, 2024-11b, 2024-11c, 2024-11d, CLOSED MEETING. 2024-11e, 2024-12-a, 2024-12b, and 2024-12c. RECONVENE INTO OPEN SESSION Take any action as ai result of the Executive Session. President Dawkins reconvened into Open Session at 9:09 a.m. and then moved to Regular Agenda Item 1 1. Consider and act upon issues surrounding the Performance Agreement between the WEDC and and Regular Agenda Item 2. MLKJI Investments, LLC. Board Action WEDC - Minutes December 18, 2024 Page 3 of3 A motion was made by Whitney McDougall, seconded by Blake Brininstool, to approve a First Amendment to the Performance Agreement between the WEDC and MLKJ Investments, LLC, amending the "Building A CCI Deadline" in Section 2 (a).i i. from one (I)year to 181 months and further authorize the Executive Director to execute any and all necessary documents. A vote was taken, and the motion passed 5-0. 2. Consider and act upon Committee. Appointments by the Board. Board Action An motion was made by Melisa Whitehead, seconded by Harold Smith, to create a Staffing and Compensation Committee and appoint Melisa Whitehead, Whitney McDougall, and Harold Smith to that Committee. A vote was taken, and the motion passed 5-0. FUTURE AGENDA ITEMS The Board requested that the Staffing and Compensation Committee meet on 1/24/25 at 8:00 a.m. in the WEDC Conference Room and Notice of Quorum will be posted 721 hours in advance. ADJOURNMENT With no further business, President Dawkins adjourned the WEDC Board meeting at 9:12 a.m. Blake Brininstool, Vice President 27 ATTEST: Jason f