Meeting Minutes Regular Meeting of the Oak Point Economic Development Corporation Oak Point City Hall 100 Naylor Road Oak Point, Texas 75068 OAK POINT Tuesday, March 11, 2025 = 6:00 P.M ECONOMICI DEVELOPMENT CORPORATION 1. Call to order, roll call, and announce a quorum is present. Deborah Armstrong President Present David Wootton Vice President Present Ethan Mabe Director Absent-Arrived 6:15 Debbie Peterman Director Present Chris Risher Director Absent Greg Weiler Director Present James Hankins Director Present City staff present: Wayne McKethan Interim City Manager Jennifer Henry EDC Secretary And with a quorum present the following items were addressed: 2. Pledge of Allegiance and Pledge to the Texas Flag President Armstrong led the Pledge of Allegiance and the Pledge to the Texas Flag. 3. Public Input No Public Input 4. Consider and act upon the minutes from the February 11, 2025, meeting of the Oak Point Economic Development Corporation. Director Weiler made a motion to approve the minutes from the February 11, 2025, meeting ofthe Oak Point Economic Development Corporation; motion seconded by Director Peterman. Motion Passed 5-0 5. Review and discuss the financial report of the Oak Point Economic Development Corporation. Interim City Manager McKethan spoke on the budget and explained that the EDC had a good budget balance, but the report was 2 months in arrears. Interim City Manager McKethan also explained that layout of the financial report could not be changed due to the Incode Financial Software. 6. EDC Website follow-up & discussion. EDC Secretary Henry reminded the EDC of the contract with GES/Zoom Prospector. The annual invoice of $6000.00 includes sites and buildings mapping, demographic mapping and data along with Zoom Prospector that includes the EDC Microsite. Director Hankins will meet with Seretary Henry in the coming weeks to provided updated properties to be added to the website. 7. Discuss updates to the EDC folders for distribution to P&Z and City Council. Director Hankins shared updated EDC folders that had current properties and details. Discussion was had on possibly handing these folders to City Council and P&Z Members to keep the boards updated on current properties available in Oak Point. President Armstong with draft a memo to be included in each folder explaining the contents and reasoning for the folders. 8. Discuss EDC donation/contribution and Monument Sign Banner for the upcoming Prestonwood Polo-USPA Event. Director Weiler gave an update on a banner that was being designed for the upcoming USPA event taking place at Prestonwood Polo Club on March 26-30th. The banner was ready for production and will be hung at the new Monument Sign at 720/Shahan Prairie. EDC Secretary Henry ordered Oak Point stickers and would be creating a small "goodie Bag" with some Oak Point items to deliver to the Hotel rooms for the USPA participants. 9. Discuss future agenda items for the next regular meeting of the Economic Development Corporation. Update from Staff on new Commercial permits issued and possible new businesses coming to Oak Point. Discussion on the Ashler Agreement President Armstrong Adjourned the meeting at 6:41 p.m. Deborah Armstyong, President ATTEST: Jennifer Henry