AGENDA CRANDALL ECONOMIC DEVELOPMENT CORPORATION CITY OF CRANDALL, TEXAS Crandall EDC Conference Room 116 South Main Street - Crandall, Texas 75114 Monday - April 14, 2025 At 4:00 p.m. REGULAR BOARD OF DIRECTORS MEETING 1. Call to Order 2. Invocation 3. Roll Call President: Cody Frazier Vice President: Danny Kirbie Sec./Treasurer: Rebekah Eskridge Member: Brant Bennett Member: Jason Hathaway Member: Cortney Heinisch Member: Jon Capps CEDC Staff: Mike Slye 4. Citizen Comments: Three (3) minutes allowed per speaker on any item related to the EDC including items listed on the agenda. Five (5) minutes will be allowed during a Public Hearing. Comments will be allowed before the consideration of each item on the agenda provided that a speaker request form has been received by the EDC Director prior to the start of the meeting. 5. Director's Report A. Monthly Activities i. Developer Meetings ii. EDA Grant Application 6. Financial Report A. March 2025 Financial Report 7. City Manager's Report Consent Agenda 8. Approval of the Minutes March 10, 2025 Regular Agenda 9. Eaglecrest Parkway Financing Options: A. Bond B. Cert of Obligation C. State Infrastructure Bank (SIB) 10. TxDOT/Kaufman County Road Projects Update A. 148 North i. KC to release funding Mid-April B. 175 Bridge i. Combined with Mabank Improvement RFQ (Slowed down) C. 741 Widening 11. Brookshire Brothers purchase & current appraisal A. 2019 Appraisal = $560K... "Does that get the deal done?" B. 2024 Appraisal = $1,020,000 12. NextSite Software Subscription A. $10K 13. Sewer Force Main Letter of Support Executive Session 14. 551.072 DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; CLOSED MEETING. (1) To discuss or deliberate 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 (2) to deliberate the offer of a financial or other incentive to business prospects: A. Project River Ridge B. Project Cox C. Eaglecrest Parkway D. Project 148 Bypass i. Petroff Site Plan ii. Rizos Concept Plan 15. 551.074. PERSONNEL MATTERS; CLOSED MEETING. (1) To deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee: Mike Slye, EDC Interim Director Consultant Contract 2 16. Adjourn from Executive Session 17. Take any and all actions required related to the Executive Session 18. Future Agenda Items 19. Adjournment CERTIFICATION This meeting will be conducted pursuant to the Texas Government Code Section 551.001 et seq. At any time during the meeting the CEDC Board of Directors reserves the right to adjourn into executive session on any of the above posted agenda items in accordance with the sections 551.071 [litigation and certain consultation with attorneyl, 551.072 [acquisition of interest in real propertyl, 551.073 [contract for gift to city], 551.074 [certain personnel deliberations) or 551.087 deliberations regarding commercial or financial information that the EDC has received from a business prospect and/or deliberation regarding the offer of a financial or other incentive to a business prospect. The City of Crandall is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Please call the EDC Director at (972) 427-3771 Ext: 107 for information. certify that the above agenda for this meeting of the Crandall Economic Development Corporation of the City of Crandall, Texas, was posted on the bulletin board at City Hall, in Crandall, Texas, on Friday, April 11, 2025, by 5:00 pm pursuant to Chapter 551 of the Texas Government Code. OHA Inou Debra Haney, Crandall EDC Admin Assistant C - A & -