JOINT SPECIAL SESSION WITH CITY COUNCIL AND CORINTH ECONOMIC DEVELOPMENT CORPORATION CORINTH - MINUTES TEXAS Thursday, February 20, 2025 at 5:00 PM City Hall 3300 Corinth Parkway STATE OF TEXAS COUNTY OF DENTON CITY OF CORINTH On this, the 20th day of February 2025, the City Council of the City of Corinth, Texas, and the Corinth Economic Development Corporation met at Corinth City Hall at 5:00 P.M., located at 3300 Corinth Parkway, Corinth, Texas. The meeting date, time, place, and purpose as required by Title 5, Subtitle A, Chapter 551, Subchapter C, Section 551.041, Government Code, with the following members to wit: Council Members: Bill Heidemann, Mayor Sam Burke, Mayor Pro Tem Scott Garber, Council Member Lindsey Rayl, Council Member Tina Henderson, Council Member Kelly Pickens, Council Member Corinth Economic Development Corporation: Andrea Brainard, Place 1 Not present Melanie Moore, Place 2 Randy Clark, Place 3 - Not present Janie Mann, Place 4 Nick Kokoron, Place 5 Michael Lane, Place 6 Ashley Ingle, Place 7 Staff Members Present: Scott Campbell, City Manager Lana Wylie, City Secretary Emma Crotty, Economic Development Coordinator & Management Assistant Patricia Adams, City Attorney Wendell Mitchell, Police Chief Jimmie Gregg, Police Captain Chad Theissen, Fire Chief Glenn Barker, Director of Public Works Lee Ann Bunselmeyer, Director ofFinance & Strategic Services Melissa Dailey, Director of Development Services Miguel Inclan, Planner Matthew Lilly, Planner Deep Gajjar, Planner Cesar Balderas, Information Technology Services Manager Derek Dunnam, Technology Services Specialist Lance Stacy, City Marshal CALL TO ORDER Mayor Heidemann called the Workshop Session to order at 5:00 P.M. Chair Kokoron called the Corinth Economic Development Corporation meeting to order at 5:00 P.M. CITIZENS COMMENTS Please limit your comments to three minutes. Comments about any oft the Council agenda items are appreciated by the Council and may be taken into consideration at this time or during that agenda item. Council is prohibited from acting on or discussing items brought before them at this time. No citizen comments were made. Mayor Heidemann convened into Executive Session at 5:01 P.M. Chair Kokoron convened into Executive Session at 5:01 P.M. EXECUTIVE SESSION** In accordance with Chapter 551, Texas Government Code, Section 551.001, et seq., (the "Texas Open Meetings Act"), the City Council will recess into Executive Session (closed meeting) to discuss the following items. Any necessary final action or vote will be taken in public by the City Council in accordance with this agenda. Section 551.071 - Legal Advice. (1) Private consultation with its attorney to seek advice about pending or contemplated litigation; and/or settlement offer; and/or (2) a matter in which the duty of the attorney to the government body under the Texas Disciplinary Rules of Professional Conduct of the State of Texas clearly conflict with Chapter 551. Section 551.072 - Real Estate. To deliberate the purchase, exchange, lease, or value ofreal property ifdeliberations in an open meeting would have a detrimental effect on the position ofthe governmental body in negotiations with a third person. a. 5700-5800 block ofI-35E b. 1200 block ofNorth Corinth Street Section 551.087 - Economic Development. To deliberate or discuss regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or to deliberate the offer of a financial or other incentive to a business project. a. Kairos Communities Partners, LLC - Chapter 380 Agreement RECONVENE IN OPEN SESSION TO TAKE ACTION, IF NECESSARY, ON EXECUTIVE SESSION ITEMS Mayor Heidemann recessed the Executive Session Meeting at 5:41 P.M. and immediately convened into the Special Session Meeting. Chair Kokoron recessed the Executive Session Meeting at 5:41 P.M. and immediately convened into the Special Session Meeting. Motion made by Vice Chair Moore: to make an offer to purchase two separate land parcels, 5700 North Corinth and 1218 North Corinth, for an amount not to exceed as discussed in Executive Session. Seconded by Director Lane. Voting Yea: Chair Kokoron, Vice Chair Moore, Secretary Ingle, Director Mann, Director Lane Motion made by Mayor Pro Tem Burke: I move to approve the City Manager to make an offer not to exceed the amount discussed in Closed Session for the purchase of property located at 5700 I-35 E and the 1200 block of North Corinth Street. Seconded by Council Member Garber. Voting Yea: Mayor Pro Tem Burke, Council Member Garber, Council Member Rayl, Council Member Henderson, Council Member Pickens BUSINESS AGENDA 1. Consider and act on a Chapter 380 Economic Development Incentive Agreement between the City of Corinth, Corinth Economic Development Corporation, and Kairos Communities Partners, LLC. Motion made by Director Moore: to accept the 380 agreement as provided in Executive Session. Chair Kokoron, Vice Chair Moore, Secretary Ingle, Director Mann, Director Lane Motion made by Mayor Pro Tem Burke: I move to approve the Chapter 380 Economic Development Incentive Agreement as discussed in Closed Session. Seconded by Council Member Rayl. Voting Yea: Mayor Pro Tem Burke, Council Member Garber, Council Member Rayl, Council Member Henderson, Council Member Pickens ADJOURN Mayor Heidemann adjourned the meeting at 5:43 P.M. Chair Kokoron adjourned the meeting at 5:43 P.M. Approved by the Council on the 20th day of March 2025. Yana wki Lana Wylie City Secretary City of Corinth, Texas