STATE OF TEXAS 3 February 11, 2025 COUNTY OF ORANGE 3 BE IT REMEMBERED THAT a regular meeting of the Orange Economic Development Corporation of the City of Orange, Orange County, Texas, was held in the City Council Chambers (Library Auditorium) on Tuesday, February 11, 2025. EDC MEMBERS PRESENT: Jason Rodrigue President George Mortimer Vice-President Mary McKenna Secretary Caroline Hennigan Treasurer Larry Spears Jr. Director Kimberly Manning Director Margaret Hope-Adams Director EDC MEMBERS ABSENT: None COUNCIL MEMBERS PRESENT: Paul Burch Council Member Matt Chandler Council Member Brad Childs Council Member COUNCIL MEMBERS ABSENT: Terrie T. Salter Council Member STAFF MEMBERS PRESENT: Michael Kunst City Manager Jay Trahan Assistant City Manager, Director of Economic Development Patricia Anderson City Secretary Cheryl Zeto Director of Finance Adam Jack Director of Public Works Lane Martin Chief of Police Jake Travis IT Technician Chris Arnold Police Baliff Guy Goodson City Attorney STAFF MEMBERS ABSENT: Jennifer Pool Deputy City Secretary Hillary Gravett Assistant EDC Director President Rodrigue called the meeting to order at 8:00 a.m. MOTION FINDING THAT THE ADVANCE POSTING AND NOTICE REQUIREMENTS OF ARTICLE 8.1200 OF THE CODE OF ORDINANCES OF THE CITY OF ORANGE, TEXAS HAVE BEEN MET IN RELATION TO ALL MINUTES AND PENDING RESOLUTIONS ON THIS AGENDA AND THAT THE READING OF SUCH ITEMS BE CONFINED TO THE CAPTION OF THE RESOLUTIONS. Orange Economic Development Corporation 2 February 11, 2025 Director Adams moved to approve the motion. Second to the motion was made by Treasurer Hennigan, which carried unanimously. CITIZEN COMMENTS There were no citizen comments. APPROVAL OF MINUTES Treasurer Hennigan moved to approve the minutes of the January 28, 2025 Orange Economic Development Corporation Meeting. Second to the motion was made by Secretary McKenna, which carried unanimously. DISCUSSIONACTION MOTION TO APPROVE AN EDC INFRASTRUCTURE GRANT AGREEMENT WITH RED GATOR RENTALS, 3400 EDGAR BROWN DRIVE, ORANGE, TEXAS 77630 FOR ELIGIBLE INFRASTRUCTURE MPROVEMENTS IN AN AMOUNT NOT TO EXCEED $120,000 FOR THE PURPOSE OF ECONOMIC DEVELOPMENT. Vice-President Mortimer moved to approve the motion. Second to the motion was made by Secretary McKenna, which carried unanimously. MOTION ACKNOWLEDGING RECEIPT OF THE ORANGE ECONOMIC DEVELOPMENT CORPORATION FINANCIAL REPORT FOR THE QUARTER ENDING DECEMBER 31, 2024. Director Manning moved to approve the motion. Second to the motion was made by Treasurer Hennigan, which carried unanimously. MOTION ACKNOWLEDGING RECEIPT OF THE ORANGE ECONOMIC DEVELOPMENT CORPORATION INVESTMENT REPORT FOR THE QUARTER ENDING DECEMBER 31, 2024. Director Adams moved to approve the motion. Second to the motion was made by Vice-President Mortimer, which carried unanimously. MOTION ACKNOWLEDGING RECEIPT OF THE REVISED CITY OF ORANGE ECONOMIC DEVELOPMENT BYLAWS, AS AMENDED IN JANUARY 2025, AND EXPRESSING THE INTENT TO REVIEW AND CONSIDER THE PROPOSED REVISIONS FOR APPROVAL AND IMPLEMENTATION. Mr. Trahan commended Ms. Gravett for her work on the Bylaws. He advised he wanted to point out ar new provision that was added that was recommended by President Rodrigue: 2.08 (b): No member of the Economic Development Corporation (EDC) Board of Directors or the City Council shall be eligible to apply for, receive, or directly benefit from EDC funding, grants, incentives, or any other financial assistance provided byt the Corporation during theiri term of service. Orange Economic Development Corporation 3 February 11, 2025 This includes busineses in which a board member or council member has any ownership. Vice-President Mortimer advised he would like to add the following: No member of the Economic Development Corporation (EDC) Board of Directors or the City Council with a 5% or greater shareholder designation of a publicly traded company shall be eligible to apply for, receive, or directly benefit from EDC funding, grants, incentives, or any other financial assistance provided by the Corporation during their term of service. This includes busineses in which a board member or council member has any ownership. Director Adams moved to approve the motion. Second to the motion was made by Treasurer Hennigan, which carried unanimously. REPORTS FROM DIRECTORS Director Manning invited everyone to attend the Heritage House Cementery Walk in April. Director Spears thanked Vice-President Mortimer for his recommendation to the Bylaws. He advised he would like some type of orientation for members of all boards and commissions. Secretary McKenna wished everyone a Happy Valentine's Day, a Happy Mardi Gras and al Happy Black History Month. Vice-President Mortimer advised Ms. Gravett did an excellent job on the Bylaws. ADJOURN TO CLOSED EXECUTIVE SESSION 7. a) Deliberation Regarding Economic Development Negotiations as authorized by Section 551 of the Texas Government Code: (1) Deliberation regarding real estate development project proposal as authorized by Section 551.087 of the Texas Government Code. (2) Deliberation regarding real estate development project proposal as authorized by Section 551.087 of the Texas Government Code. The Economic Development Corporation met in a closed executive session at 8:22 a.m. RECONVENE IN OPEN SESSION The Economic Development Corporation reconvened in open session at 8:57 a.m. There was no action taken for Items 7 a (1) and 7 a (2). Orange Economic Development Corporation 4 February 11, 2025 ADJOURNMENT There being no further business before the Corporation, Treasurer Hennigan moved to adjourn the meeting. Second to the motion was made by Secretary McKenna, which carried unanimously. The meeting adjourned at 8:57 a.m. Jason Rodrigue, Président ATTEST: Aa Aulen Mary McKenna, Secretary