302 STATE OF TEXAS COUNTY OF BURNET CITY OF MARBLE FALLS On March 5, 2025, the Marble Falls Economic Development Corporation convened in regular session at Noon in the City Hall Council Chambers, with notice of the meeting giving the time, place, date, and subject having been posted as described in Chapter 551 of the Texas Government Code. PRESENT: Steve Reitz President Mark Mayfield Vice President Judy Miller Director Ryan Nash Director John Packer Director Lindsay Plante Director Dave Rhodes Director ABSENT: None STAFF: Christian Fletcher Executive Director Midge Dockery Assistant Director Christina McDonald Secretary/City Secretary Josh Brockman-Weber Attorney Mike Hodge City Manager Caleb Kraenzel Deputy City Manager Russell Sander Assistant City Manager Jeff Prato City Engineer Erin Burks Downtown and Marketing Manager Jake Eason Parks and Recreation Superintendent Bill Neve Engineering Project Manager VISITORS: Raymond Whelan (The Highlander), Dakota Morrissiey (Daily Trib), Mitch McManus 1. CALL TO ORDER AND ANNOUNCE QUORUM IS PRESENT. President Reitz called the meeting to order at Noon and announced the presence of a quorum. 2. CITIZENS COMMENTS. There were no citizen comments. 3. PRESENTATIONS AND UPDATES. Downtown and Marketing Manager Erin Burks provided an update on downtown. 4. ASSISTANT DIRECTOR'S REPORT. Midge Dockery, Assistant Director provided updates on real estate activity, business visits, programs and marketing. March 5, 2025 Meeting Page 1 of3 303 5. EXECUTIVE DIRECTOR'S REPORT. Christian Fletcher, Executive Director reported on prospect activity, the EDC's finances and projects. 6. CONSENT AGENDA. (a) Approval of the February 5, 2025 regular meeting minutes. Director Packer moved to approve the consent agenda. Director Plante seconded the motion. The motion carried by a unanimous vote (7-0). 7. REGULAR, AGENDA. (a) Discussion and Action on a Community Leverage grant application for Music on Main. Executive Director Fletcher presented the Community Leverage Grant Application for Music on Main. Mitch McManus was present. Director Nash moved to approve the application in the amount of $25,000 for Music on Main. The motion was seconded by Director Rhodes and carried by a unanimous vote (7-0). (b) Discussion and Possible Action on FY 2024-2025 mid-year budget amendments. Executive Director Fletcher presented the proposed mid-year budget amendments to the board. Vice President Mayfield made a motion to approve the amendments as presented. Director Miller seconded the motion. The motion carried by a vote of 7-0. 8. EXECUTIVE SESSION Close Open Session and Convene Executive Session pursuant to $551.087 (Economic Development), $551.071 (Private Consultation between the Board and its Attorney), and $551.072 (Deliberation Regarding the Purchase, Exchange, Lease or Value of Real Property), of the Open Meetings Act. Tex. Gov't Code, the Economic Development Corporation will meet in Executive Session to discuss the following: Economic Development Prospects 12:49 PM The Board convened to Executive Session 1:44 PM The Board returned to Open Session 9. RECONVENE TO OPEN SESSION FOR POSSIBLE ACTION RESULTING FROM ITEMS DISCUSSED IN EXECUTIVE SESSION. No action was taken. 10. FUTURE AGENDA REVIEW. It was noted that a special meeting is scheduled for March 18 and the next regular meeting is April 2. 11. ADJOURNMENT. There being no further business to discuss, Director Plante made a motion to adjourn the meeting. Director Rhodes seconded the motion. The meeting was adjourned at 1:46 PM. March 5, 2025 Meeting - Page 2 of3 304 ERI Steve Reitz, President ATTEST: Kieskna Mibnold Christina McDonald, Secretary March 5, 2025 Meeting - Page 3 of3