STATE OF TEXAS 3 J March 25, 2025 COUNTY OF ORANGE J 1 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, March 25, 2025. EDC MEMBERS PRESENT: George Mortimer President Mary McKenna Secretary Caroline Hennigan Treasurer Larry Spears Jr. Director Kimberly Manning Director Margaret Hope-Adams Director Dustin Yu Director (arrived at 4:31 p.m.) 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 Jennifer Pool Deputy City Secretary Cheryl Zeto Director of Finance Mike Zeto Director of IT and Communications Adam Jack Director of Public Works Lane Martin Chief of Police Hillary Gravett Assistant EDC Director Guy Goodson City Attorney Kate Leverett City Attorney STAFF MEMBERS ABSENT: None President Mortimer called the meeting to order at 4:30 p.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 METI IN RELATION TO ALLI 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 March 25, 2025 Director Adams moved to approve the motion. Second to the motion was made by Secretary McKenna, which carried unanimously. CITIZEN COMMENTS There were no citizen comments. APPROVAL OF MINUTES Director Yu arrived to the meeting at 4:31 p.m. Treasurer Hennigan moved to approve the minutes of the March 11, 2025 Orange Economic Development Corporation Meeting. Second to the motion was made by Secretary McKenna, which carried unanimously. DISCUSSIONACTION MOTION APPROVING TO SERVE AS VICE-PRESIDENT OF THE ORANGE ECONOMICI DEVELOPMENT CORPORATION: FORAS SPECIFIEDI PERIOD OF MARCH25, 2025- SEPTEMBER 30, 2025. Treasurer Hennigan nominated Secretary McKenna to serve as Vice-President. Second to the motion was made by Director Manning, which carried unanimously. MOTION TO APPROVE AN EDC INFRASTRUCTURE GRANT AGREEMENT WITH ACE BUSINESS PARK, LLC, 4200 HWY 105, ORANGE, TEXAS 77630 FOR ELIGIBLE INFRASTRUCTURE MPROVEMENTS IN AN AMOUNT NOT TO EXCEED $100,000 FOR THE PURPOSE OF ECONOMIC DEVELOPMENT. Director Spears asked if Mr. Abrego was receptive to the EDC's Grant offer. Mr. Trahan advised Mr. Abrego was receptive and advised he would reach out to Mr. Abrego for a project update. Treasurer Hennigan moved to approve the motion. Second to the motion was made by Director Manning, which carried unanimously. MOTION TO APPROVE AN EDC INFRASTRUCTURE GRANT AGREEMENT WITH NEWTON CORE, LLC (BOWLING VILLAGE APARTMENTS) 3320 BOWLING LANE, ORANGE, TEXAS 77630 FOR ELIGIBLE INFRASTRUCTURE IMPROVEMENTS IN AN AMOUNT NOT TO EXCEED $120,000 FOR THE PURPOSE OF ECONOMIC DEVELOPMENT. Director Adams moved to approve the motion. Second to the motion was made by Vice-President McKenna, which carried unanimously. Orange Economic Development Corporation 3 March 25, 2025 MOTION TO APPROVE AN EDC INFRASTRUCTURE GRANT AGREEMENT WITH AWESOME PLAZA, 1509 N. 167H STREET, ORANGE, TEXAS 77630 FOR ELIGIBLE INFRASTRUCTURE IMPROVEMENTS IN AN AMOUNT NOT TO EXCEED $29,000 FOR THE PURPOSE OF ECONOMIC DEVELOPMENT. Director Manning inquired as to how similar the final projects should be, in comparison to the pictures depicted with landscaping. Mr. Trahan advised eligible infrastructure items do not apply to landscaping, however that will fall under Planning and Community Development's Department. Mr. Trahan noted the projects must adhere closely to the infrastructures proposed to the EDC Board. Director Spears advised he felt Awesome Plaza did a good job on their improvements. Director Adams moved to approve the motion. Second to the motion was made by Treasurer Hennigan, which carried unanimously. MOTION TO APPROVE AN ECONOMIC DEVELOPMENT CORPORATION (EDC) INFRASTRUCTURE GRANT AGREEMENT WITH SAFNX MOB ORANGE LLC, A DELAWARE LIMITED LIABILITY COMPANY, LOCATED AT 6901 MEDICAL CENTER DRIVE, ORANGE, TEXAS 77630 FOR ELIGIBLE NFRASTRUCTURE IMPROVEMENTS TO CONSTRUCT AN ENTRANCE CANOPY AT THE SITE IN AN AMOUNT NOT TO EXCEED $50,000 TO SUPPORT ECONOMIC DEVELOPMENT EFFORTS. Director Yu moved to approve the motion. Second to the motion was made by Director Spears, which carried unanimously. MOTION APPROVING AN ASSIGNMENT OF A $120,000 EDC INCENTIVE FROM RED GATOR RENTALS, 34001 EDGAR BROWNDRIVE, ORANGE, TEXAS 77630, TOREGANHOLDINGS, LLC, 3400 EDGAR BROWN DRIVE, ORANGE, TEXAS 77630 FOR THE PURPOSE OF ECONOMIC DEVELOPMENT. Treasurer Hennigan moved to approve the motion. Second to the motion was made by Director Manning, which carried unanimously. REPORTS FROM DIRECTORS Director Spears, Director Adams and Director Yu congratulated Vice-President McKenna on her appointment. Vice-President McKenna advised she is honored to serve as Vice-President. President Mortimer advised he is appreciative for the opportunity to serve as President and offered his congratulations to Vice-President McKenna. Orange Economic Development Corporation 4 March 25, 2025 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 4:46 p.m. RECONVENE IN OPEN SESSION The Economic Development Corporation reconvened in open session at 5:18 p.m. There was no action taken for Items 7 a (1) and 7 a (2). ADJOURNMENT There being no further business before the Corporation, Treasurer Hennigan moved to adjourn the meeting. Second to the motion was made by Director Manning, which carried unanimously. The meeting adjourned at 5:18 p.m. George Mortimer, President ATTEST: Dinclek 5 loumns Secretary Kimberly Manning