REGULAR BOARD OF ALDERMEN MEETING SALADO MUNICIPAL BUILDING 301 N. STAGECOACH RD. SALADO, TEXAS JULY 3, 2025 1 6:30 P.M. THIS WILL BE AN IN-PERSON MEETING THAT WILL ALSO BE AVAILABLE VIRTUALLY USING YouTube YOU CAN ACCESS THE MEETING FROM YOUR COMPUTER, TABLET OR SMARTPHONE USING THE FOLLOWING LINK: wwwyoutube.com/evillageolsalado SCAN CODE Joint the meetingsmintwresbefore the postedstarttime. AGENDA CALLTO ORDER JULY 3, 2025, 6:30 P.M. CALL OF ROLL VILLAGE ADMINISTRATOR INVOCATION MAYOR BERT HENRY PLEDGE OF ALLEGIANCE I SALUTE TO THE TEXAS FLAG 1. PUBLIC COMMENTS THE BOARD OF ALDERMEN WELCOMES COMMENTS FROM CITIZENS ON ISSUES AND ITEMS OF CONCERN NOT ON THE AGENDA. THOSE WISHING TO SPEAK MUST SIGN IN BEFORE THE MEETING BEGINS AND OBSERVE A FIVE (5) MINUTE TIME LIMIT WHEN ADDRESSING THE BOARD. SPEAKERS WILL HAVE ONE (1) OPPORTUNITY TO SPEAK DURING THIS TIME PERIOD. SPEAKERS DESIRING TO SPEAK ON AN AGENDA ITEM WILL BE ALLOWED TO SPEAK WHEN THE AGENDA ITEM IS CALLED. INQUIRIES ABOUT MATTERS NOT LISTED ON THE AGENDA WILL EITHER BE DIRECTED TO STAFF OR PLACED ON A FUTURE AGENDA FOR ALDERMEN CONSIDERATION. 2. CONSENT AGENDA (A) APPROVAL OF THE MINUTES OF JUNE 5, 2025, BOARD OF ALDERMEN MEETING (B) RATIFY APPROVAL AUTHORIZING THE MAYOR TO EXECUTE A MASTER AGREEMENT WITH DDI CAPITAL, A TECHNOLOGY LEASING COMPANY, FOR A SERVER. (C) RATIFY APPROVAL AUTHORIZING THE MAYOR TO EXECUTE AN ENCROACHMENT, AGREEMENT BETWEEN VILLAGE OF SALADO AND BRIAN K. GLENN AND KATRINA E. GLENN. 3. DISCUSS AND CONSIDER POSSIBLE ACTION REGARDING ANY ITEM REMOVED FROM THE CONSENT AGENDA 4. VILLAGE ADMINISTRATORS REPORT SALES TAX COLLECTION UPDATE PRESENTATION OF PROPOSED AMENDING BUDGET FOR FISCAL YEAR 2024-2025 PRESENTATION OF FINANCIALS REPORTS ENDING APRIL 30, 2025 PRESENTATION OF FINANCIALS REPORTS ENDING MAY 31, 2025 5. STAFF REPORTS (A) PRESENTATION OF POLICE DEPARTMENT MONTHLY REPORT (B) BRIEFING ON POLICE DEPARTMENT FLEET STATUS (C) BRIEFING ON GOVERNMENT LEASE PURCHASE AGREEMENT NO. 3609C ON AF POLICE FLEET VEHICLE BEING A 2024 CHEVROLET SILVERADO 1500 4WD (D) PRESENTATION OF THE CONVENTION AND VISITORS BUREAU MONTHLY REPORT 6. DISCUSSION AND POSSIBLE, ACTION (A) DISCUSSION AND POSSIBLE ACTION ON EXTENDING THE TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT NO. 10131 BETWEEN THE VILLAGE OF SALADO AND GOVERNMENT CAPITAL CORPORATION BY ONE ADDITIONAL YEAR AND PAYING THE INTEREST ONLY FOR 2025. (B) DISCUSSION AND POSSIBLE ACTION AUTHORIZING THE VILLAGE ADMINISTRATOR TO SEEK OPTIONS ON DISSOLVING THE SALADO MUNICIPAL COURT AND THE OFFICE OF THE MUNICIPAL COURT JUDGE AND ANY RELATED ACTION ON CONTRACTING SERVICES. (C) UPDATE AND POSSIBLE ACTION ON TEXAS DEPARTMENT OF TRANSPORTATION (TXDOT) PROJECT NAME: OVI ROYAL STI SMITH BR RD FM 2268 (D) DISCUSSION AND POSSIBLE ACTION ON FORMATION OF A ROAD PROJECT OVERSIGHT COMMITTEE. (E) DISCUSSION AND POSSIBLE ACTION ON ESTABLISHMENT OF WEEKLY ROAD PROJECT WORKSHOPS. (F) DISCUSSION AND POSSIBLE ACTION NOMINATING AND APPOINTING INDIVIDUALS TO THE PLANNING AND ZONING COMMISSION: LINDA REYNOLDS - TERM JUNE 1, 2025 TO MAY 31, 2026 JOHN PRICE = TERM JUNE 1, 2025 TO MAY 31, 2026 7. ADJOURNMENT NOTE THE BOARD OF ALDERMEN MAY RETIRE INTO EXECUTIVE SESSION AT ANY TIME BETWEEN THE MEETING'S OPENING AND ADJOURNMENT FOR THE PURPOSE OF DISCUSSING ANY MATTERS LISTED ON THE AGENDA AS AUTHORIZED BY THE TEXAS GOVERNMENT CODE INCLUDING, BUT NOT LIMITED TO, HOMELAND SECURITY PURSUANT TO CHAPTER 418.183 OF THE TEXAS LOCAL GOVERNMENT CODE; CONSULTATION WITH LEGAL COUNSEL PURSUANT TO CHAPTER 551.071 OF THE TEXAS GOVERNMENT CODE; DISCUSSION ABOUT REAL ESTATE ACQUISITION PURSUANT TO CHAPTER 551.072 OF THE TEXAS GOVERNMENT CODE; DISCUSSION OF PERSONNEL MATTERS PURSUANT TO CHAPTER 551.074 OF THE TEXAS GOVERNMENT CODE; DELIBERATIONS ABOUT GIFTS AND DONATIONS PURSUANT TO CHAPTER 551.076 OF THE TEXAS GOVERNMENT CODE; DISCUSSION OF ECONOMIC DEVELOPMENT PURSUANT TO CHAPTER 551.087 OF THE TEXAS GOVERNMENT CODE; ACTION, IF ANY, WILL BE TAKEN IN OPEN SESSION. CERTIFICATION IHEREBY CERTIFY THE ABOVE NOTICE OF THE MEETING WAS POSTED ON THE BULLETIN BOARD AT THE SALADO MUNICIPAL BUILDING BY JUNE 30, 2025, BY 5:00 P.M. Teresa Spak TERESA SPINKS, CITY SECRETARY THE VILLAGE OF SALADO IS COMMITTED TO COMPLIANCE WITH THE AMERICANS WITH DISABILITIES ACT. REASONABLE MODIFICATIONS AND EQUAL ACCESS TO COMMUNICATIONS WILL BE PROVIDED UPON REQUEST. PLEASE CONTACT TERESA SPINKS, CITY SECRETARY, AT 254- 947-5060 FOR INFORMATION. HEARING-MPAIRED OR SPEECH-DISABLED PERSONS EQUIPPED WITH TELECOMMUNICATION DEVICES MAY UTILIZE THE STATEWIDE RELAY TEXAS PROGRAM AT 1-800-735-2988. Agenda Item # 1 Date Submitted: June 30, 2025 Agenda Item: PUBLIC COMMENTS Project/Proposal Summary: 1. PUBLIC COMMENTS THE BOARD OF ALDERMEN WELCOMES COMMENTS FROM CITIZENS ON ISSUES AND ITEMS OF CONCERN NOT ON THE AGENDA. THOSE WISHING TO SPEAK MUST SIGN IN BEFORE THE MEETING BEGINS AND OBSERVE A FIVE (5) MINUTE TIME LIMIT WHEN ADDRESSING THE BOARD. SPEAKERS WILL HAVE ONE (1) OPPORTUNITY TO SPEAK DURING THIS TIME PERIOD. SPEAKERS DESIRING TO SPEAK ON AN AGENDA ITEM WILL BE ALLOWED TO SPEAK WHEN THE AGENDA ITEM IS CALLED. INQUIRIES ABOUT MATTERS NOT LISTED ON THE AGENDA WILL EITHER BE DIRECTED TO STAFF OR PLACED ON A FUTURE AGENDA FOR ALDERMEN CONSIDERATION. Agenda Item # 2 Date Submitted: June 30, 2025 Agenda Item: CONSENT AGENDA Project/Proposal Summary: 2. CONSENT AGENDA (A) APPROVAL OF THE MINUTES OF JUNE 5, 2025, BOARD OF ALDERMEN MEETING (B) RATIFY APPROVAL AUTHORIZING THE MAYOR TO EXECUTE A MASTER AGREEMENT WITH DDI CAPITAL, A TECHNOLOGY LEASING COMPANY, FOR A SERVER. (C) RATIFY APPROVAL AUTHORIZING THE MAYOR TO EXECUTE AN ENCROACHMENT AGREEMENT BETWEEN VILLAGE OF SALADO AND BRIAN K. GLENN AND KATRINA E. GLENN. Village of Salado Municipal Building 301 North Stagecoach Road Salado, Texas Minutes of Regular Meeting of Board of Aldermen June 5, 2025, at 6:30 p.m. The Board of Aldermen meeting was called to order at 6:30 p.m. by Mayor Henry. The meeting was conducted in person and on YouTube. Mayor Henry gave the Invocation, and the Board of Aldermen led the Pledge of Allegiance to the United States and Texas flags. Board Members Present: Mayor Bert Henry, Alderman Zach Hurst, Alderman Neil Dunch, Alderman James Lassiter, Alderman Michael MacDonald, and Alderman Allen Sandor. Staff Present: Village Administrator Manuel De La Rosa, Director of Administrative Services Gina Pence, City Secretary Teresa Spinks, Police Chief Allen Fields, Convention and Visitors Bureau Manager Deanna Whitson. 1. PUBLIC COMMENTS Public comments from Darlene Walsh, resident; James Kerby, Mustang Springs developer; Linda Reynolds, resident; and Jim Boynton, resident. 2. CONSENT AGENDA No public comments. (A) APPROVAL OF THE MINUTES OF MAY 8, 2025, SPECIAL BOARD OF ALDERMEN MEETING (B) APPROVAL OF THE MINUTES OF MAY 15, 2025, REGULAR BOARD OF ALDERMEN MEETING Motion made by Alderman Hurst to approve the Consent Agenda items as written. Seconded by Alderman MacDonald. All approved and motion carried by a vote of five in favor, none opposed. 3. DISCUSS AND CONSIDER POSSIBLE ACTION REGARDING ANY ITEM REMOVED FROM THE CONSENT AGENDA None 4. VILLAGE ADMINISTRATOR'S REPORT REPORT ON APPLICATION STATUS FOR PERMIT FROM THE TEXAS COMMISSION ON ENVIRONMENTAL QUALITY (TCEQ) TO BURN BRUSH AND DEBRIS UPDATE ON VILLAGE'S BUDGET FOR FISCAL YEAR 2024-2025 REPORT ON TAX APPRAISAL DISTRICT OF BELL COUNTY'S ESTIMATED REIMBURSEMENT COST TO PROCESS REFUNDS 5. DISCUSSION AND POSSIBLE ACTION (A) CONSIDER APPROVAL OF AN APPOINTMENT OF MAYOR PRO TEMPORE FOR A TERM OF ONE (1) YEAR. No public comments. Motion made by Mayor Henry to appoint Alderman Hurst as Mayor Pro Tempore. Seconded by Alderman Sandor. Motion carried by a vote of four in favor, none opposed, one abstention. (B) DISCUSSION AND POSSIBLE ACTION ON DESIGNATING SIGNATORIES FOR THE VILLAGE OF SALADO BANK ACCOUNTS. No public comments. Motion made by Alderman Lassiter to designate Mayor Pro Tem Hurst as signatory. Seconded by Alderman Neil Dunch. Motion carried by a vote of four in favor, none opposed, one abstention. (C) DISCUSSION AND POSSIBLE ACTION TO APPROVE RESOLUTION NO. 2025-08, A RESOLUTION TO AUTHORIZE THE CREATION OF THE CENTRAL TEXAS REGIONAL 9-1-1 EMERGENCY COMMUNICATIONS DISTRICT. Jim Reed, CTCOG representative, addressed the board and answered questions. No public comments. Aiderman MacDonald made the motion to approve as presented. Seconded by Mayor Pro Tem Hurst. Motion carried by a vote of five in favor, none opposed. (D) DISCUSSION AND POSSIBLE ACCEPTANCE OF THE TOURISM DEPARTMENT REPORT FOR THE MONTH OF APRIL. No public comments. Motion made by Alderman MacDonald to accept as presented. Seconded by Alderman Dunch. Motion carried by a vote of five in favor, none opposed. (E) DISCUSSION AND POSSIBLE ACTION ON TEXAS DEPARTMENT OF TRANSPORTATION PROJECT ON ROYAL STREET FROM SMITH BRANCH RD. TO FM 2268. City Engineer Solomon Thomas, with MRB Group, was present to provide information on the project and answer questions. Public comments from Linda Reynolds, Paul Cox, Jim Boynton, Scott Hamiton, Salado residents. Additional public comments from Jim Reed, CTCOG representative. Motion made by Alderman MacDonald to table pending further discussion. Seconded by Alderman Dunch. Amended motion made by Alderman MacDonald to table for 60 days to allow for further discussion with all groups involved. Amended motion seconded by Alderman Dunch. Motion carried by a vote of five in favor, none opposed. (F) DISCUSSION AND POSSIBLE ACTION ON FEDERAL APPROPRIATIONS GRANT # B-24-CP-TX-2053 KNOWN AS THE WEST VILLAGE ROAD DEVELOPMENT PROJECT AND GRANT AWARD OF $5,500,000. City Engineer Solomon Thomas, with MRB Group, and Bell County Commissioner, Precinct 2, Bobby Whitson, was present to provide information on the project and answer questions. Public comments from Linda Reynolds, Darlene Walsh, Salado residents. Motion made by Alderman Dunch to table for 60 days to allow for further discussion. Seconded by Alderman Sandor. Motion carried by a vote of five in favor, none opposed. (G) DISCUSSION AND POSSIBLE ACTION TO APPROVE ORDINANCE NO. 2025-12, AN ORDINANCE OF THE VILLAGE OF SALADO, TEXAS, PROHIBITING THE PARKING OF ALL VEHICLES AND TRAILERS ADJACENT TO THE VILLAGE LIFTSTATION LOCATED AT111 ROYAL STREET WITHIN THE CORPORATE LIMITS OF THE VILLAGE OF SALADO, AND PROVIDING FOR THE FOLLOWING: PURPOSE, FINDINGS OF FACT, SEVERABILITY, REPEALER, EFFECTIVE DATE, AND PROPER NOTICE AND MEETING. No public comments. Motion made by Mayor Pro Tem Hurst to approve as presented. Seconded by Alderman MacDonald. Motion carried by a vote of five in favor, none opposed. (H) DISCUSSION AND POSSIBLE ACTION NOMINATING AND APPOINTING INDIVIDUALS TO THE PLANNING AND ZONING COMMISSION. Gina Pence, Director of Administrative Services, was present to provide additional information. Public comments from Bev Turnbo and Jim Boynton, Salado residents. No action taken. (I) DISCUSSION AND POSSIBLE ACTION ON APPROVING SUBMISSION OF PAYMENT TO THE TAX APPRAISAL DISTRICT OF BELL COUNTY FOR THE ROLL BACK TAX REFUNDS IN THE AMOUNT OF $468,033.30. No public comments. Motion made by Mayor Pro Tem Hurst to approve as presented. Seconded by Alderman Sandor. Motion carried by a vote of five in favor, none opposed. (J) DISCUSSION AND POSSIBLE ACCEPTANCE OF FINANCIAL REPORTS ENDING APRIL 30, 2024. No public comments. No action taken. 6. ADJOURNMENT Mayor Henry called the meeting adjourned at 10:12 p.m. Approved: Bert Henry, Mayor Attest: Teresa Spinks, City Secretary Manuel De La Rosa From: Tom Tensfeldt <tomt@dicapital.com> Sent: Friday, June 13, 2025 3:48 PM To: Manuel De La Rosa Cc: Patrick Johnson Subject: FMV & $1.00 buyout options CAUTION: This email originated from outside of the organization: Do not click links, open attachments or reply, unless you recognize the sender's email address and know the content is safe!" Manny, Ity was a pleasure speaking with you earlier today. As discussed, there is and FMV and a $1.00 buyout option. Based on $17,267.00 FMV Option for 36 month Term - Monthly Payment = $499.00 End of term options for FMV 1. You can continue to lease on a month to month basis until you decide to do something else. 2. You can add additional equipment and do a renewal or just a lease extension at a lesser monthly payment. 3. You can request the FMV (Fair Market Value) buyout.. typically works out somewhere between 10 thur15 % original hardware cost. 4. You can simply return the equipment at the end of term. $1BO Option for 36 month Term - Monthly Payment = $570.00 End oft term for $1 buyout. 1. This lease just runs the term and you own at the end. Manny, always recommend the FMV with technology as there are more options and it's constantly upgrading, but ify you do decide to just buyout it's pretty much a wash. If you have any other questions feet free to contact me. Have a nice weekend! Respectfully, Thomas E. Tensfeldt Managing Director D DDICAPITAL 0vo8s I . 0oM Jacksonville, Florida P) 904-473-5413 C) 904-703-2893 tomt@dicapital.com Docusign Envelope ID: C241C66F-FD45-7E4-AFEC-E13EC191D8DF THIS IS A COPY MASTER. AGREEMENT (CUSTOMERXUS) 20210209 This is a copy view of the Authoriltaaga Fary held by the designated custodian MASTER AGREEMENT DDICAPITAL TFCHNOLOGY FASING COMPANY This master agreement (the' "Master Agreement): dated as of June 19, 2025 (the" "Master Agreement Date")i is between Village of Salado (the "Customer"), withi its principal plaçe of business located at 301 N. Stagecoach Rd., Salado, Texas 76571, and DOI Capital ("Originator). with its principal place of business located at 181 New Road, Suite 304, Parsippany, NJ 07054. 1.0. MASTER AGREEMENT: Customer has requested that Originator (a) acquire and lease to Customer, or (b) finance to Customer, the producto described in a Schedule or Schedules to this Master Agreement from time to time (such product being referredt to herein as collectively the' "Product" ori individually an" "item of Product). and signed by Customer and Originator (each a "Schedule"), upon the terms and conditions setf forth in this Master Agreement andi in the related Schedule. Customer agrees that Originator has incurred, or will incur, non- refundable fees, expenses and charges related tol leasing orf financing the Product from a manufacturer(s): and/or supplier(s) and that the leasingo or financing oft the Producti is essential to the Customer. Customer's receipt and acceptance oft the Product under each Schedule shall be evidenced by a Certificate of Acceptance executed by Customer (each a' "COA"). Each Schedule shall constitute a separate, distinct, and independent leasing or financing transactioni incorporating the terms oft this Master Agreement, the related COA, and any related exhibit, addendum or supplement, and is the entire agreement regarding the leasing ort financing oft the Product under such Schedule. References int this Master Agreement to "hereunder, "herein', "thereunder" and" "therein" shall be construed tor mean a Schedule, together with the related COA, any related exhibit, addendum or supplement, and this Master Agreement insofar asi it relates to such Schedule. Customer's execution of a Schedule shall unconditionally obligate Customer to lease or finance the Product described on such Schedule from Originator. No Schedule shall be binding on Originator unless and until executed by Originator and upon payment by Originator for the Product under such Schedule, Anything to the contrary notwithstanding. Originator shall have no obligation to accept, execute or enter into any Schedule, or to lease ort finance any Product to Customer. Customer agrees thate each Schedule, together with the related COA, any related exhibit, addendum or supplement, and this Master Agreement shall control ini the event of a conflict with any order, invoice, requestf forp proposal, response, other related document, or agreement, or any manufacturer and/or supplier agreement If any provision of this Master Agreement is declared unenforceable in anyj jurisdiction, the other provisions herein shall remain in full force and effecti in thatj jurisdiction and all others. Int the event of any conflict between ha Master Agreement and any Schedule, such Schedule shall control. Capitalized terms used in this Master Agreement, but not otherwise defined in this Master Agreement, shilhavet the meaning set forthi in the applicable Schedule, related COA, and any related exhibit, addendum or supplement. TIME IS OF THE ESSENCE WITH RESPECT TO E e OBLIGA IONS OF CUSTOMER UNDER EACH SCHEDULE, THE RELATED COA, ANY RELATED EXHIBIT, ADDENDUM OR SUPPLEMENT, AND THIS MASTER AGRE EEMENT. 2.0. DEFINITIONS: Each Schedule willl be marked as either a "Lease Schedule", a' "Variable Lease Schedule", an "Installment Payment Schedulr, or a' "Sbfware Phaymen Schedule". Customer agrees that all Schedules marked as a' "Lease Schedule" or &" "Variable Lease Schedule" will provide lease terms for the Prpdticfundesaach: Sche dule, anda dhedules marked as an "Installment Payment Schedule" or a "Software Payment Schedule" will provide finance terms for the Product underados Schedule. Schedule hot marked describedi in thej preceding two sentences oft this section, and not marked therein, shall be consideredt to provide lease terms for the Prodyattipdér such Schedule. 6 eptance Due for each item of Product shall bet the date the item is delivered and accepted by the Customer. In the event thati individual items of Produeta as set forthint the relaledo C DA are delivered and accepted on different dates, then each item off Product will have a separate Acceptance Date to reflect the date descrbedi in Eiacadossantence The comencement Date" shall be the first day of the calendar month immediately following thel last Acceptance Date for all the Product described en the ÇOA The PinsfPayment Date" shall bo the first day oft the calendar monthi immediately following the Commencement Date, unless otherwise detailedi in the Schedule. ThPeymDatesy shall be the first day of each Payment Frequency period duringt the Initial Term oft the Schedule, commencing with and including the First Payment Date, and the fst day deach cohgcutive PayméFrequency period thereafter or any renewal term permitted under the Schedule, unless earlier terminated by Originator as provided herein. Nolwithslandingt theforegoing, Gustomigs shd Originator may agree to any other payment schedule, including iregular payments or balloon payments, in which event they shall bet forth in theapplicable Schedule. 2.1. VARIABLE USE DEFINITIONS: METERING: Section 2.1. shall apply to Schedyles marked as' Varlable Lease Schedule. Verlable use definitions and Customer's metering obligations shall bes setf forth int the applicable Schedule. 3.0. ACCEPTANCE; PAYMENTS; FEES: Customer agrees to promptly execute any related COA which certifies thata all the Product subject to a Schedule, and as to which the Payments relate, has been delivered and accepted by Customer. The term of eschSehedule thall begin on the Commencement Date and shall continue until the last day of the Payment Frequency period in which thel last Payment oft the Initial Term occurs or anyn renewal torm) peritted! hereunder occurs. This Master Agreement and related Schedules cannot be canceled or terminated by Customer, Customer will pay all payments jated nench Schedule-he (Payments"), and other amounts payable as detailed herein or therein, when due and acknowiedges that such Payments and other amounts payable are und pofed. cost OMER AGREES AND ACKNOWLEDGES THATITS OBLIGATION TO MAKE EACH OF THE PAYMENTS IN EACHS SCHEDULE. AND THIS MASTER AGREEMENT IS NONCAN CELLABLE, ABEOLUTE AND UNCONDITIONAL AND SHALL BE MADE WITHOUT. ANY ABATEMENT, SETOFF, CLAIM, COUNTERCLAIM. ADJUSTMENT REDUCT n OR DEEENGE OF ANY KIND.Driginatory will have ther rightt to apply all sums received from Customer to any amounts due and owed to Originator under the terms of biet Mastet Agream ant Payment or other amountp payable in any Schedule or this Master Agreement is not paid within 5 days ofi its due date, Customer shall pay on demand. as dae chargeag amap squal to 1.33% per month oft the amount then due (but in no event may such late exceed the highest! late ar charge charge permitted by applicable law). If for reason any Paymenti retumed fori insufficient funds, Customer will pay Originator a fee of $75 (but in no event may such fee exceed the highest charge permitted by applicable lawy Originator mayym ke dpnfito on any fees and charges paid under any Schedule or this Master Agreement to cover Originator for its operational expenses. All amounts detailed inainy Schedule or this Master Agreement shall bei in United States dollar (USD). unless otherwise detailed in such Schedule. 4.0. OWNERSHIP 4.1. Section4.. shall apply to all Schedles nef od as providing! lease terms for the Product under such Schedule. Originator will own the Product and all replacements, parts, repairs, and accessionki incorporated therein or attached thereto (excluding any software) during the term of each Schedule. 4.2. Section Aralle apply to Schedules marked as providing finance terms for the Product under such Schedule. Except for any software, Customer will own the Product during the term of this Agreenent. 4.3. Section 4.3. shall applyt to all Schedules. Ift the Product includes any software. Customer agrees: () Orginator does not own the software; () Customer is responsit ible for entering into any necessary softwarel license agreementy with the owners or licensors of such software, () Customer will comply with the terms of all such agreements, if any, and (iv) any default by Cuslomer under any such agreements shall also constitute a default by Customer under this Master Agreement. 5.0. TAXES: 5.1. Section 5.1. shall apply to all Schedules. Customer agrees top pay when due all taxes, assessments, levies, imposts, duties and charges, of any kind or nature, imposed upon the Product or fori its use or operation or upon any Schedule or this Master Agreement, provided however, that Customer shall not ber required to pay taxes related toi the net income of Originator. At Originator's option, Originator may discharget taxes, assessments, levies, imposts, duties and charges, of any! kind or nature, imposed upon the Product, and Customer agreest tor reimburse Originator upon demand and top pay Originator a processing fee for each expense or charge that Originator pays on Customer's behalf. 5.2. Section 5,2. shall apply to all Schedules marked as providing lease terms for the Product under suçh Schedule. If the Product is subjectt to personal property taxes, Originator shall report all Product to the proper taxing authorities. If the Originator receives anyi invoice from the taxing authorities for applicable personal property taxes, Originator shall pay anys such taxes directly and Customer agrees to reimburse Originator fora all such taxes, fees and other charges paid by Originator. Upon termination of any applicable Schedule as provided for herein, Customery will pay to Originator any such taxes accrued or assessed but not yet due and payable, and Originator will, # applicable, estimate personal property taxes due on the Product under such Schedule based upon the most recent tax assessment of the Product under such Schedule or on the tax rates and taxable value calculations as available from the appropriate taxingi jurisdiction. Customer acknowledges that Originator is the owner of the Product for Federal, State and Local income tax purposes and as such. Originatori is/shall be entitled to claim (or have claimed) for Federal, State and Local income tax purposes interest, depreciation deductions and any tax credits available to the owner of the Product (collectively. the *Allowances"). Customer agrees to take no action inconsistent with thet foregoing or which would result int the loss, disallowance, recapture ar unavailability to Originator or its Assignee oft the Allowances, and represents and warrants that from the time Originator becomes the owner of the Product no depreciation, tax credits or other taxl benefits wil be claimed! by Customer with respect to the Product. Customer shall indemnify Originator on an after-tax basis for any loss of all, or any portion, of the Allowances due to Customer's act. failure to act, misrepresanlation: or any loss, damage, destruction of the Product, or retum of the Product to the manufacturer(s). and/or supplier(s) oft the Product for any reason whatsoever, all as defined herein. 5.3. Section 5.3. shall apply to all Schedules marked as providing finance terms for the Product under such Schedule. Ift the Producti is subject to personal property taxes, Customer shall report all Product tot the proper taxing authorities. Docusign Envelope ID: C241C66F-FD45-47E+-AFEC-E13EC191DBDF THIS IS A COPY MASTER AGREEMENT CUSTOMERXUS) 20210209 This is a copy view of the Authorirase 283 held by the des signated custodian 6.0. ASSIGNMENT: Customer agrees that Originator ori its Assignee may sell, assign, transfer, or grant a security interest in some or all of its rights and remedies undert the Master Agreement, the Schedules, including the Product and Payments under such Schedules, and the right to collect Payments to an assignee (each, an' "Assignee") without notice or consent of Customer. Customer agreest thatif Originator sells, assigns, transfers, or grants a security interest, Assignee will have the same rights and benefits that Originator has now and will not have to perform any of Originator's obligations. Customer agrees thatii itwill not assert against Assignee, and that Assignee will not be subject to any daims, defenses, or offsets that Customer may have against Originator or any other party relatedt to this Master Agreement, the Schedules or the Product. Customer shall cooperate with Originator in executing any documentation reasonably required by Originator or Assignee to effectuate any such assignment. Provided Customeri is noti in default under this Master Agreement, Originator agrees to assign, without warranty or representation as tol legality ory validity. to Customer, all rights which Originator may have againstt the manufacturer(s) and/or supplier(s) of the Product by reason of and arising out of the leasing ort financing of such Product, including any implied or express warranties respecting the Product. 7.0. WARRANTY DISCLAIMER; INDEMNIFICATION: CUSTOMER, AGREES THAT CUSTOMER HAS SELECTED THE PRODUCTI BASED UPON CUSTOMER'S OWN JUDGMENT AND CUSTOMER DISCLAIMS ANY RELIANCE UPON ANY STATEMENTS OR REPRESENTATIONSI MADE BY ORIGINATOR. AND ITS ASSIGNEE, ORIGINATOR AND ITS ASSIGNEE MAKE NO WARRANTIES, EXPRESS OR IMPLIED, OF, AND TAKE ABSOLUTELY NO RESPONSIBILITY FOR, MERCHANTABILITY. FITNESS FOR ANY PARTICULAR PURPOSE, CONDITION, QUALITY, ADEQUACY, TITLE, DATA ACCURACY, SYSTEM INTEGRATION, FUNCTION, DEFECTS, OR ANY OTHER ISSUE IN REGARD TOTHE PRODUCT. CUSTOMER WILLI CONTINUE TO MAKE ALL PAYMENTS UNDER EACH SCHEDULE. AND THIS MASTER AGREEMENT REGARDLESS OF ANY CLAIM OR COMPLAINT AGAINST ANY MANUFACTURER OR SUPPLIER. Originator and its Assignee are not responsible for, and Customer agrees toh hold Originator andi its Assignee harmless and reimburse them for and to defend on Originator's ori its Assignee's behalf against, any claim fora any loss, expense (including attomeys' fees and costs), liability or injury caused by or in any way related to delivery, installation, possession, ownership, use, condition, inspection, removal, retum, or storage of the Product. All indemnities will survive the expiration or termination of any Schedule and this Master Agreement. 8.0. USE; MAINTENANCE; LOCATION; INSPECT TION; LOSS; DAMAGE: Provided that no Event of Default under any Schedule or this Master Agreement has occurred and is continuing, Customer may quietly possess the Product subject to and in accordance with the rights and obligations of the Master Agreement. Any Product which constitutes personal property at thei inception ofa a Schedule shall remain personal property regardless of its attachment to reaity, and Customer agrees to take such action ati its expense as may be necessary toy prevent any third party! from acquiring anyi interest in the Product as a result of its attachment tor realty. If requested by Originator with respect to any item of Product, Customer will obtain and deliver to Originatory waivers ofi interest orl liens in recordable form, satisfactory to Originator, from all persons daiming anyi interest in the real property on or in which such item of Product is installed orl located. Customer shall use the Product only for essential business or proprietary functions of Customer. At Customer's expense, Customer hall: () use the Product in accordance with thet terms of any applicable product agreement andi in compliance with applicable manufacturers' and regulatory standards; (i) keep the Plg duct in full working order and complete repair, (ii) mark and identify the Product in such manner as Originator ori its Assignee may request from time to time and replace promplly any sucb arkings or identification which are removed, defaced or destroyed; and (iv) keep the Product att the address shown ont the applicable Schedule, and Customer agreey tor move ynless Originator ori its Assignee agreei iny writing. Originator will have the right, at any reasonable time, to inspect the Product and any documents relating toi its une ma htenan and repair. Customeri is responsible for the risk of loss orf for any destruction ofc or damage to the Product. Customer agreest to notify Originator ori its Assignoei in writinpy withh 1Q days of anyl loss or damage. M the Producti is destroyed, ori if the Producti is retumed tot the manufacturer(s) and/or supplier(s) of the Productf for any reason whbtsoeve Custon agreesgl mediately notify Originator or its Assignee in writing and pay Originator or its Assignee the entire unpaid balance of the applicable Schedule plu.for Schedulemarke as providioo lépset terms for the Product under such Schedule, the anticipated purchase price oft the Product (such purchase price is the value oft the Productinits continued use bylhe Qustomer). Aryproceeds of insurance will bey paid to Originator or its Assignee and credited, ati its option, against any loss or damage. 9.0. MODIFICATION: Customer may, at its sole cost and expense, make any modifications to the Product, provided thanuch modficetigns (a). are readily rempvable without causing damage to the Product, (b) do not reduce the value, utility, marketability or remaining useful life of the Product, and (c) arerof a kind thaf customarily are made by customers or purchasers of products similart tot thel Product.. All parts. modifications andi improvements to the Product shall, when'nstallesbrn made immediately become the property oft the owner of such Product as detailed herein, and part of the Productf for allp purposes; provided, that any modification not requi red by lawshall, if edyestedt byonginator, be removed by Customer and any damage to thel Product resulting from such removal shall be repaired prior tot the retum dfhe Product to, the Originasphina accor s with the terms and conditions oft this Master Agreement Except as specifically provided herein, no Product modifications shall ber made or permitied by Customer. Customely may elect tok lease or finance such modification from Originator, and only Originator, and Originator may elect to lease or finance such modification to Custogeci in its sples discretion, ppvidedt that the aggregate value ofs such modification is notl less than $5,000.00, and the term of such modification shall be coterminous withitjei item of Product beihg moiled or such other term as Originator may provide ini its sole discretion. 10.0. SECURITY INTEREST: Section 10.0. shall not apply to Schedules marked as'Spware Payment Agreemer Gustomer grants Originator or its Assignee a first priority security interesti int the Productt together with all replacements, parts, repairs, a ons, and acbessionsi incorporated thereir or attached thereto and any and ally proceeds of the foregoing, including. without limitation, insurance recoveries, to secure all amgunts Bustomer bwes Originator ori its Assignee under any Schedule and this Master Agreement with Customer. Customer authorizes Originator or its Assignee to file ai finanding atanement (0sC0 felatedi to the Product, any Schedule, or this Master Agreement. Originator or its Assignee may charge Customer ai fee for filing, searching and/or titing bosts requlpdpyt the Uniform Çommercial Code (UCC) or other laws. 11.0. INSURANCE: Section 11.0. shall not apply to Schadules markedas Software Payment Agreement. Customer agrees to keep the Product fully insured against risk, liability and! loss, with Originator or its Assignee as both additional insureda àndI lendersi loss payee in an emount satisfactory to Originator ori its Assignee until the applicable Schedule has been paidi in full. Customer agrees to provide Originatofor Hs Assionee certh les or other evidence ofi insurance acceptable to Originator ori its Assignee, Any proceeds of insurance will be paidt to Originator ori its Assignee and credig od, atil its option. againgt anyl loss or damage. Customer agrees to provide 10 days advance written notice to Originator or its Assignee of any modification or cancellation of suph insurance. If Cuptomer Hobsr not provide evidence of acceptablei insurance, Originator ori its Assignee has the right, butr no obligation: (a) to obtain insurance covering Originator's dris Assignee's s intéreit (andoNly Originator's ori its Assignee'si interest) in the Product fort the term, including the Initial Term and any renewal term permitted hereunders anuilany pstrance Originator prits Assigree obtains will not insure Customer againstt third party or liability claims and may be cancelled by Originator ori its Assignee at anfime, Guitomer will be required togay Originator ori its Assignee an additional amount each month for thei insurance premium and an administrative fee, (ii) the cost may! be morefhant the cost ofc obtainint Customer'sbynin insurance, (iv) Customer agrees that Originator ori its Assignee, or one of Originatar's ori its Assignee's affiliates, may make a profiti in condectiony with thei insurance Originator Cgits Assignee oblains, (v) Customer agrees to cooperate with Originator or its Assignee, Originator's or its Assignee's insurer and agent int the placemento of coverage apdywith claimsyor (6) Originator orit its Assignee may waive the insurance requirement and charge Customer a monthly property damage surchargei in the amount of 0. .00350 oft the ProducValue detailedi int the applicable Schedulet to cover Originator's or its Assignee's credit risk, administrative costs and other costs, as would be further described on Aleterf from Originafor or its Assignee to Customer and ony which Originator ori its Assignee may make a profit. If Customerl later provides evidence that Customer has obtained acceptablai insurano, Originator ori its Assignee will cancel the insurance Originator or its Assignee obtained or cease charging the surcharge. 12.0. PURCHASE; RENEWAL: RETURN OF PRODUCT: Section 12.0: shall applyt to all Schedules marked as providing lease terms fort the Product under such Schedule, Provided that no Event of Default under any Schedule or this Master Agreement has occurred and is continuing. Customer will have the option at the end oft the Initial Term or any renewal term permitted undert the applicable Schedule top purchase all (but not less than all) of the Product thereunder at the "End of Term Purchase Option" stated therein, plus any applicable taxes. Schedules not marked as described int the preceding sentence oft this section, and not marked therein, shall be consideredi to provide an End of1 Term Purchase Option stated as Fair Market' Value (as defined below). I the End of Term. Purchase Option stated therein is "Fair Market Value" (such term means the value oft the Product in jts continued use by the Customer, as determinéd by mutual agreement ar, failingt that, by ani independent appraiser selected by Originator with Customer paying the cost of such appraisal), Customer must send Originator written notice 120 days before the end of the Initial Term or any renewal term permitted under the applicable Schedule that Customer will purchase all (but not less than all) of the Product thereunder or that Customer will retum all (but not less than all) oft the Product thereunder to Originator. If Customer does not give Originator such written notice or #f Customer does not purchase or retum the Product thereunder in accordance with the terms and conditions of this Master Agreement, the applicable Schedule will continue for a 4-month term(s) until Customer exercises a purchase option or retums the Product thereunder to Originator in accordance with the terms and conditions oft this Master Agreement During such renewal term(s) the Payment amount therein will remain the same and Customer is responsible for any applicable taxes. H Customer provides written notice of its intent tor retum the Product thereunder in accordance with the terms and conditions df this Master Agreement, Customer will return all (butr notl less than all)of the Product thereunder to a location specified by Originator at Customer's sole expense, with matching serial numbers as originally setf forth thereunder, in retail re-saleable condition, fully working order, and complete repair, certified as eligible for maintenance under the Product manufacturer's standard maintenance program. Customer is solely responsible forr removing any passwords, data, information, tags, or marks that may reside in or on the Product, Originator may require Customer deliver to Originator documentation executed by Customer's duly-authorized officer certifying that Customer has complied witht the above requirements, has ceased Customer's use of the Product, and has not retained the Producti in any form, 13.0. INFORMATION: In the event that Customer is note a public company or has notf filed quarterly and annual financial reports required by the Securities and Exchange Commission, Customer shallf furnish Originator or its Assignee with such information, finançial or otherwise, relating to Customer or the Product as Originator ori its Assignee shall reasonably request to determine Customer's current financial condition and faithful performance oft thet terms hereof. This mayi include but is notl limited to: () compiled, reviewed or audited annual financial statements (prepared in accordance with accounting principles generally accepted for Customer's country of organization and set forth with corresponding figures for the prior year). certified by ani independent accounting firm acceptable to Originator or its Assignee within 120 days after Customer's fiscal year end, and (ii) managemenlpreparedi interim financial statements within 45 days after the requested reporting period(s). 14.0. DEFAULT: Any oft the following shall constitute an "Event of Default" under any Schedule or this Master. Agreement: () Customer fails to pay any Payment or other amount payable under any Schedule ort this Master Agreement when due and such failure continues for 5 days after written notice to Customer ofs such failure (such notice may consist of Originator's or Assignee's s standard invoice or past duei invoice): (i) Customer fails to comply with any other obligation under any Schedule or this Master Agreement and such failure continues for 5 Docusign Envelope ID: C241C66F-FD45-47E4-AFEC-E13EC191D8DF THIS IS A COPY MASTER AGREEMENT CUSTOMERXUS) 20210209 This is a copy view of the Authontipagas SGrS held by the designated custodian days after written notice to Customer ofs such failure; (ii) Customer shall default in the payment or performance of any other obligation or indebtedness to Originator, Assignee, or anyt third party, (iv) Customer merges ord consolidates with, or sells all or a substantial portion ofi its assets to, at third-party, or Customer's ownership or membership interests change withoutt the prior written consent of Originator or its Assignee; (v) Customer ore any guarantor suffers a material adverse change in its financial condition, is in bankruptcy, or dissolves, liquidates, terminates existence; (vi) Customer, permits any lien, securityi interest, pledge or other encumbrance or attachment of any! kind whatsoever upon this Master Agreement, any Schedule, or the Product; (vi)a) for Schedules marked as providing lease terms for the Product under such Schedule, Customer sublets, sublicenses or assigns any of its rights or obligations under this Master Agreement, any Schedule, or the Product without the prior written consent of Originator ori its Assignee, or (b) for Schedules marked as providing finance terms fort the Product under such Schedule, Customer leases, licenses or assigns any of its rights or obligations under this Master Agreement, any Schedule, or the Product without the prior written consent of Originator ori its Assignee; (vili) Customer makes or has made any false statement or misrepresentation to Originator or Assignee which causes any damages hereunder, ar (Dx) Customer is listed in any sanctions-relatedi listr maintained by the Office of Foreign Assets Control of the U.S. Department of Treasury. its successor, or the U.S. Department of State, 15.0. REMEDIES: Upon and during the continuance of an Event of Default, Originator or its Assignee may, ati its option, exercise one or all of thet following remedies, fort the applicable Schedule or all Schedules hereunder: (0 Originator ori its Assignee may terminate Customer's rights to use the Product, require the Customer to retum all (but not less than all) of the Product to al location specified by Originator at Customer's sole expense, in retail re-saleable condition, full working order, and complete repair, certified as eligble for maintenance under the Product manufacturer's standard maintenance program (Customer is solely responsible for removing any passwords, data, information, tags, or marks that may reside in or on the Product), peacefully repossess the Product without court order ory without liabilityf fore entry or damage to the property, cancel, terminate, or cause the product manufacturer(s) and/or supplier(s) toc cancel and/or terminate, providing maintenance and/or support for the Product, andlor require Customer to deliver to Originator ori its Assignee documentation executed by Customer's duly-authorized officer certifying that Customer has complied with the aforementioned requirements, has ceased Customer's use of the Product, and has notr retained the Producti in any form; () upon demand Customer will pay to Originator or its Assignee an amount equal to the sum of (a)all Payments ord other amounts payable then due, if any, and (b) the present value of all remaining Payments or other amounts payable to become due in thet future discounted at a rate of 2% per annum, and (c) for Schedules marked as providing lease terms fort the Product under such Schedule, the anticipated purchase price of the Product (such purchase price is the value of the Product in its continued use by the Customer) discounted ats a rate of 2% per annum; and (ii)(a) for Schedules marked as providing lease terms fort the Product under such Schedule, Originator or its Assignee, as applicable, shall have all other rights and remedies available under Article 2A and 9 of the Uniform Commercial Code and any other law or in equity. or (b) for Schedules marked as providing finance terms fort the Product under such Schedule and (i) not marked as Software Payment Agreement, Originator or its Assignee, as applicable, shall have all other rights and remedies available under Article 9 oft the Uniform Commercial Code and any other law ori in equity. or (i marked as Software Payment Agreement, Originator or its Assignee, asapplicable, shall have all other rights and remedies available at law ori in equity. Customer will owe intereste at the lower of 16% per annum or thel highest rate allowed by law on alll unpale amounts. Customer shall be responsiblef for all attomeys' fees and costs, including, without limitation, costs of repossession, as a result of Originator ori its Assignee enforcing its rghts following an Event of Default, For Schedules marked as providing lease terms for thel Product under such Schedule, Customer agrees that this Master Agreement is a' Finance Lease as defined by Article 2A of the UCC, and Customer waives all rights under sections 2A-508 through 522 of the Uniform Commercial Code. 16.0. LAW; JURY WAIVER; NON-WAMER; NOTICES: This Master Agreement and each Schedule will be govemed. and construed in accorderbey with the laws othe Suate of New Jersey. Customer consents toj jurisdiction and venue in New Jersey. Customer shall complyy with all federal, state and local laws, regulatich) andgias applipable to Cihatd ler and relating to the ownership or operation of Customer's business, the Products and/ori its essential use. Customer represents and warrants thatffisand shall bevaidye etisting andin dpod standing under the laws oft the state of its organization and that it has the powera and capacity to enter into this Master Agreement and eac'Schedule. Customecinir instry Originalaroi its Assignee within 30 days if Customer's state of organization revokes or terminates its existence. Customer shall not change legalr name, state ofc organiatiar headquarters or residence without providing prior written notice to Originator ori its Assignees. Customer and Originator ori its Assignepeach WAIVE ANYRIGHTT TO TRIALBY JURY in any action arising from or related to this Master Agreement or any Schedule. No course of dealing between Customer and Originator or) ha* Assignepar Afydelay ord omission ohthep part of Originator or its Assigneei in exercising any rights hereunder shall operate as a waiver of any rights of Originator or its Assignee Awaiver on any ane pocasion shall pot be construed as a bar to or waiver of any right or remedyo on anyf future occasion. No waiver or consent shall be binding upon Originator or its Assignde unlèis)tis is in Mrbng and signedy Originator or its Assignee. Any notice hereunder to Customer or Originator ori its Assignee shall be in witing and shall be deemed to have beenigiven whpeerdhenoai or deposited with a nationally- recognized overight courier service ori in the United States mail, postage prepaid, addressed lodécipient at its ajdress setipilb above dritsuch other address as may bel last known to the sender. 17.0. ORIGINAL DOCUMENT: The terms of this Master Agreement may be modifielinds supplementedy eplyby awnitteni instrumhent signed by Customer and Originator or its Assignee. There shall bec one original oft this Master Agreement andi it shall be marked" "Origineyo Originator or its Assighes, The parties agree that the Original of this Master Agreement shall: 1) be a version which bears all parties" wet-ink, facsimile or electronic signature: 2) consdtute the sole original authait ve version oft this Master Agreement; and: 3) be the Original chattel paper for purposes of perfection under the Uniform Commercial Codedothee extent legally applicable. ACCEPTED. AND AGREED: By signing below, Customer and Origihstoro cerllyshatt they have the authority to sign, have reviewed and do agree to all terms and conditions of this Master Agreement. THIS MASTER AGREEMENT HAS BEENDUIYA AUTHORIZED ANDI DULYE EXECUTED BY THE PARTIES HERETO AND SHALL BE LEGALLY VALID AND BINDING UPON BOTH PARTIES AS OF THIS MASTER AGRÉEMENT DATE SETF FORTH AEREIN. Customer: Vilage of Salado Bert Henry MAYOR Customer Signature: Qustomer Name: Customer Tite: Originator: DOICapHal Greg Nappi CFO Originator Sipriature: Originator Name: Originator Title: From: Hillary Glossup Sent: Wednesday, June 11, 2025 10:17 AM To: Bert Henry ehenyesaladotxgoo, Manuel De La Rosa mdehrosesahdougve Cc: Salado Processing SaladoPlocesingeMontethntite.comp Gina Pence gpence@saladougov, Subject: RE: Title Request 1316 Old Mill Road / 25-0673 Bert, Here's the Encroachment Agreement that Manny sent over and it was approved byt the lender. I'I also be adding an exhibit with the legal description to this prior to recording. Let me know when you'll be available to stop by my office. Manny - please send overt the invoice for attorney fees and I'LL get it added to the settlement statement to be collected at closing. Lender on the purchase is requiring a full appraisal report now, sO we are shooting for closing 6/23 - 6/26 Thanks, Hillary Glossup Monteith Abstract & Title Co. Branch Manager/Escrow Officer 213 Mill Creek Drive P:254-947-3922 Suite 140 Salado, TX 76571 M:469-442-5677 F:254-947-8632 MONTEITH 0o Abstroct GTirle Compony www.montethtite.om Closing funds of $1500.00 or more MUST be in the form of a wire transfer ONLY. TO PROTECT YOU FROM WIRE FRAUD, Monteith Abstract & Title exclusively uses closinglock.com for communicating wire transfer information to you. Do not trust any other emails or phone calls that instruct you to wire funds. Before initiating a wire, please contact our closing office at the phor number listed on our website to verify any wiring instructions. Notice of confidentiality rights: Ifyou are a natural person, you may remove or strike any or all of the following information from any instrument that transfers an interest in real property before it is filed for record in the public records: your Social Security number or your driver's license number. THE STATE OF TEXAS COUNTY OF BELL ENCROACHMENT AGREEMENT This ENCROACHMENT AGREEMENT (the "Agreement") is entered into as of the day of 2025, by and between the VILLAGE OF SALADO, TEXAS (the "Village") and BRIAN K. GLENN and KATRINA E. GLENN ("Glenn"). I. RECITALS 1. Glenn owns 0.47 acres of land described as Mill Creek Section 3, CAB A, SL. 148- A, which is in Bell County, Texas, and located at 1316 Old Mill Road within the Village (the "Property"). See Exhibit A, Survey of the Property (the "Survey"). 2. As depicted in the Survey, the Property must comply with a twenty-five (25) foot side setback on the East side of the Property along South Ridge Road, a twenty-five (25) foot setback on the South side ofthe Property along Old Mill Road, and a twenty (20) foot setback on the West side of the Property, which were imposed at the time of platting by Bell County requirements. Upon incorporation of the Village, the Village assumed responsibility for enforcement oft the setbacks depicted in the Survey. 3. The one-story building constructed on the East side ofthe Property encroaches into the Village's twenty-five foot side setback on the East side of the Property line along South Ridge Road. The one-story residential building constructed on the South side ofthe Property encroaches into the twenty-foot side setback on the West side of the Property and into the twenty-five foot setback on the South side of the Property along Old Mill Road (collectively, the "Encroachment Areas"). The Encroachment Areas are depicted in Exhibit A, Survey of the Property. 4. Glenn acknowledges and agrees that the home and one-story building located on the Property encroach into and upon the Village's West side, South side, and East side setbacks, and has requested the Village's agreement to the encroachments of the one-story residence and one-story building, as depicted on the Survey, into the Encroachment Areas. 5. In authorizing this Agreement, the Board of Aldermen (the "Board") ofthe Village finds that the facts presented in relation to Glenn's Property are unique and not likely to be 01004435.2 423391.2 repeated. Nothing in this Agreement should be construed as a departure from the Board's general policy prohibiting private encroachment onto Village property or setbacks. NOW, THEREFORE, for and in consideration of the foregoing recitals, the covenants, conditions, and undertakings hereinafter described, and the mutual benefits and covenants contained in this Agreement, and subject to each and every term and condition ofthis Agreement, the Village and Glenn agree as follows: 1. GRANT OF CONSENT, PERMITTED USE. The Village hereby grants Glenn a limited consent to encroach upon, over, and across the Encroachment Areas for the sole purpose of operating and maintaining the home and one-story building located on the Property at 1316 OldMill Road within the Village and for no other purpose. Iti is understood and agreed that this Agreement conveys no ownership to Glenn and provides Glenn only a conditional and terminable right to use the Encroachment Areas for the express purposes provided in this Agreement. 2. ALTERATION OF ENCROACHMENT AREAS. The consent to encroachment granted under this Agreement is effective with respect to the Encroachment Areas only. Glenn shall not encroach upon any other part ofthe Village property or setbacks. The boundaries of the Encroachment Areas shall be subject to alteration only by written agreement among the Village and Glenn. 3. MATTERS OF RECORD. This Agreement is subject to all covenants, conditions, restrictions, easements, liens, reservations, and other matters of record in the Official Public Records ofBell County, Texas, as ofthe date hereof, which affect the Encroachment Areas. 4. ILLEGAL USE NOT PERMITTED; USE SUBJECT TO LAWS AND REGULATIONS. Glenn covenants and agrees not to use any part ofthe Encroachment Areas for any use or purpose that violates any applicable law, regulation, or ordinance of the United States, including by not limited to the Village, the State of Texas, and Bell County. Under no circumstances during the term ofthis Agreement will Glenn use or cause to be used within the Encroachment Areas any hazardous or toxic substances or materials, or store or dispose of any such substances in, on, over, under or within the Encroachment Areas. 5. MAINTENANCE AND REPAIR. IfGlenn or subsequent owners of the Property perform repairs, renovations, or reconstruction of the Property totaling 50% or more of the appraised value of the Property, this Agreement shall terminate and the owner shall be required to reconfigure, move, and/or reconstruct any structure on the Property such that the Property is in full compliance with applicable Village setback and easement requirements. 6. TERM; TERMINATION. The term of this agreement begins on the execution date and continues thereafter for SO long as the Encroachment Areas are being used solely for the purpose permitted in this Agreement. The Village may terminate this Agreement and the Glenns', or subsequent owners of the Property's, right to use the Encroachment Areas if 01004435,2 -2- such use (a) interferes with the Village's rights to use the Property, (b) use of the Encroachment Areas become necessary for a public purpose, or (d) Glenn fails to comply with any term, covenant, or representation of this agreement, or (e) Glenn abandons the Property. 7. INDEMNITY. TO THE EXTENT PERMITTED BY LAW, GLENN AGREES TO JOINTLY AND SEVERALLY INDEMNIFY, HOLD HARMLESS AND DEFEND THE VILLAGE AND ITS RESPECTIVE BOARD MEMBERS, BOARD OF ALDERMEN MEMBERS, OFFICERS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS. AGENTS, REPRESENTATIVES, INVITEES, OR GUESTS FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, DAMAGES, JUDGMENTS, AWARDS, COSTS, AND EXPENSES, INCLUDING BUT NOT LIMITED TO REASONABLE ATTORNEY AND EXPERT WITNESS FEES AND ALL OTHER LITIGATION AND COURT COSTS, NCLUDING LOST REVENUE OR DAMAGES FROM ILLNESS, BODILY INJURY OR DEATH TO ANY PERSON, AND FOR PHYSICAL DAMAGE TO ANY TANGIBLE PROPERTY (WHETHER REAL OR PERSONAL PROPERTY), WHICH GLENN AND THEIR INVITEES, GUESTS, CONTRACTORS, SUBCONTRACTORS, AGENTS, SUBSEQUENT PURCHASERS OF THE PROPERTY, OR ANYTHIRD PARTY MAY EVER SUFFER ARISING OR ALLEGED TO HAVE ARISEN DIRECTLY OR INDIRECTLY FROM THE CONDUCT, OPERATION, OR MANAGEMENT OF GLENN'S USE OF THE ENCROACHMENT AREAS. 8. NO WARRANTIES. THE VILLAGE MAKES NO WARRANTY OF FITNESS, HABITABILITY, SUITABILITY (OR ANY OTHER IMPLIED WARRANTY) WITH RESPECT TO THE ENCROACHMENT AREAS REGARDING THE USE AND/OR INTENDED PURPOSES CONTEMPLATED BY GLENN. 9. ATTORNEYS' FEES. Ifeither party is required to retain an attorney because of a breach of another party of any of the terms and conditions oft this Agreement, the breaching party shall be liable to the non-breaching party for all reasonable attorneys' fees incurred, as well as any other costs incurred because of such breach. 10. PARTIES. This Agreement is binding upon the Village, Glenn, and their successors and assigns, including any subsequent owner or lien holder ofthe Property. 11. ASSIGNABILITY. Unless the Village has exercised its right(s) to terminate the Agreement, Glenn may transfer this Agreement to subsequent purchasers or heirs without additional Village approval. 12. NOTICE. Any notice or other communication given under this Agreement ("Notice") must be in writing and may be given: (a) by depositing it in the United States mail, certified, with return receipt requested, addressed to the party to be notified and with all charges prepaid; or (b) by depositing it with Federal Express or another service guaranteeing "next day delivery," addressed to the party to be notified and with all charges prepaid; (c) by personally delivering it to the party, or any agent of the party listed in this Agreement, or 01004435.2 -3- (d) by facsimile during regular office hours with confirming copy sent by one of the other described methods of notice set forth above. Notice by mail will be effective on the earlier of the date of receipt or three days after the date of mailing. Notice given in any other manner will be effective only when received. For purposes of notice, the addresses of the parties will, until changed as provided below, be as follows: Village: Village of Salado, Texas 301 N. Stagecoach Rd Salado, TX 76571 Attn: Village Administrator Fax: 254-947-5061 With Required Copy to: Bickerstaff Heath Delgado Acosta LLP 1601 South MoPac Expressway Suite C400 Austin, Texas 78746 Attn: Josh Katz Phone: 512-472-8021 Fax: 512-320-5638 Glenn: Brian K. and Katrina E. Glenn 1316 Old Mill Road Salado, TX 76571 13. GOVERNING LA W AND VENUE. This Agreement and the rights and obligations oft the Parties arising out of this Agreement shall be subject to, governed by, and construed in accordance with, the laws of the State of Texas. Venue for any action arising under this Agreement will be in a court of competent jurisdiction located within Bell County, Texas. 14. SEVERABILITY. In the event that any provision of this Agreement is held to be unenforceable or invalid by any court of competent jurisdiction, the parties hereto shall negotiate an equitable adjustment to its provisions with the view to effecting, to the extent possible, the original purpose and intent of this Agreement, and the validity and enforceability of the remaining provisions shall not be affected thereby. 15. COUNTERPARTS. The parties hereto may execute this Agreement in any number of separate counterparts, each of which when SO executed and delivered shall be deemed an original, but all counterparts shall together constitute one and the same agreement. All signatures need not be on the same counterparts. SIGNATURES ON FOLLOWING PAGE] 01004435:2 Brian K. Glenn By: STATE OF TEXAS COUNTY OF BELL BEFORE ME, the undersigned authority, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing Agreement and acknowledged to me that he executed the same for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, on the day of 2025. Notary Public, State ofTexas My commission expires: (SEAL) 01004435:2 5. Katrina E. Glenn By: STATE OF TEXAS COUNTY OF BELL BEFORE ME, the undersigned authority, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing Agreement and acknowledged to me that he executed the same for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, on the day of 2025. Notary Public, State ofTexas My commission expires: (SEAL) 01004435,2 6 Village of Salado, Texas Bert Henry, Mayor STATE OF TEXAS COUNTY OF BELL $ BEFORE ME, the undersigned authority, on this day personally appeared Bert Henry, Mayor of the Village of Salado, known to me to be the person whose name is subscribed to the foregoing Agreement and acknowledged to me that he executed the same for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, on the day of 2025. Notary Public, State of Texas My commission expires: (SEAL) 01004435,2 7- EXHIBIT A SURVEY DEMONSTRATING ENCROACHMENT AREAS 01004435:2 8. SURVEY PLAT FOR 0.47 ACRE G.F. LANKFORD SURVEY, ABSTRACT 510 BELL COUNTY, TEXAS WILLIAM MRANT VoL. 3400, PG, 800 3/8" IRF N 82"5710PE 1/2" IRF 119 R6 OH E M Portable Shed- 201 B3 POCL 1 STY. RES. de 12.5 465 1316 OLD MLL ROAD 1B.T y 25 Br 9 OONC. ORMVÈ 1/2 IRF V 78 39'35% 99.88 1/2" IRF OLD MILL ROAD Spn Uandes YMable T.P.&L LNESDESCRIBED IN 923/343 ANP 1558/597 ACCEPTING THIS PLAT. THE ARE NOTON,THIS LOT. BY PARTIES LISTED BELOW AGREE THAT IT WILL NOT BE USED FOR ANY OTHER TRANSACTION OR PURPOSE, AND MAY NOT BE COPIED THIS SURV 1 WASMADE ON THE GROUND. THERE IS NO FOR ANY REASON PAST THE CLOSING VISIBIE OFEASEMENTS OR CONFLICTS, DATE OF THIS TRANSACTION. HEREON. - E2. BUYER STEVE MARLEY LENDER FIRSTSTATEI BANK 7/18/2002 TITLE CO. 7 CENTRALAND DATE GF NO, C0233828 - ALDE.OWINGS DATE OF LAST REVISION 7/17/02 SCALE 1"= 50' OBOGRAPHIC SERVICE UNIT 1 OF Z RONALDE 4 G; BPLS P.O.BOX 1801 BELTON, TX 76513 FILE NO, 10679 254780,1414 FAX254-780-8768 Note: Portable Shed, privacy fence, and walkway depicted as of 3/27/2024. Added via Satellite overlay by Brian K Glenn Agenda Item # 4 Date Submitted: June 30, 2025 Agenda Item: VILLAGE ADMINISTRATORS REPORT Project/Proposal Summary: 4. VILLAGE ADMINISTRATORS REPORT SALES TAX COLLECTION UPDATE - PRESENTATION OF PROPOSED AMENDING BUDGET FOR FISCAL YEAR 2024-2025 PRESENTATION OF FINANCIALS REPORTS ENDING APRIL 30, 2025 PRESENTATION OF FINANCIALS REPORTS ENDING MAY 31, 2025 SALES TAX COLLECTIONS REPORT REPRESENTING APRIL SALES, COLLECTED IN MAY, AND ALLOCATED INJUNE OF EACH RESPECTIVE YEAR OJUNE 2025: $81,575 OJUNE 2024: $67,012 OJUNE 2023: $61,572 VILLAGE OF SALADO DRAFT PROPOSED AMENDED BUDGET FY 24-25 GENERAL FUND Proposed Proposed Oct'24- -4/30/25 Annual Budget $Over Budget %ofE Budget Amended Budget Change Ordinary Income/Expense Income 4000 GENERAL FUND REVENUE 4100 Tax Revenue 4116 Property" Taxes 1,139,830.37 1,150,000.00 -10,169.63 99.12% 1,150,000.00 0.00 PROPERTY TAXI REFUND 0.00 0.00 0.0% -468,100.00 (468,100.00) 4120 Sales Tax Earned 560,798.02 860,000.00 -299,201.98 65.21% 950,000.00 90,000.00 4130 Mixed Beverages 32,423.66 41,000.00 -8,576.34 79.08% 55,000.00 14,000.00 Total 4100 Tax Revenue 1,733,052.05 2,051,000.00 -317.947.95 84.5% 1,686,900.00 (364,100.00) 4150 Franchisel Fees 4160 Electric Franchise 123,478.29 124,000.00 -521.71 99.58% 124,000.00 0.00 4166 Telephone Franchise 4,800.03 11,000.00 -6,199.97 43.64% 11,000.00 0.00 4170 Waste Disposal Franchise Fee 35,499.29 20,000.00 15,499.29 177.5% 38,300.00 18,300.00 4175 Cable Franchise 12,055.71 30,000.00 -17,944.29 40.19% 30,000.00 0.00 4180 Water Franchise 43,426,63 40,000,00 3.426.63 108,57% 53,000,00 13,000.00 Total 4150 Franchise Fees 219,259.95 225,000.00 -5,740.05 97.45% 256,300.00 31,300.00 4200 Lcenses, Permits, and Fees 4210 Sign Permit Misc 7,650.00 700.00 6,950.00 1,092.86% 8,500,00 7,800.00 4215 Service Fees (Bum) 160.00 300.00 -140.00 53.33% 300.00 0.00 4216 Service Fees (ltinerant Vendor) 2,000.00 3,000.00 -1,000.00 66.67% 3,000.00 0.00 4230 Building Permit Fees 152,301.40 120,000.00 32,301.40 126.92% 160,0 300,00 40,000.00 4260 Certificate of Occupancy 484.60 5.000.00 -4,515.40 9.69% 1,000.00 (4,000.00) 4270 Contractor Reglstration 5,315.00 12,000.00 -6,685.00 44.29% 6,000.00 (6,000.00) 4280 Other Permit Fees (TABC) 7,075.00 9,000.00 9,000.00 Total 4200 * Licenses, Permits, and Fees 174,986.00 141,000.00 33,986,00 124.1% 187,800.00 46,800.00 4300 Service Fees 4310 saahPaswantaeptows 80,170.87 30,000.00 50,170.87 267.24% 80,000.00 50,000.00 4315 Zoning/arlances 250.00 1,000.00 -750.00 25.0% 1,000.00 0.00 4320 Pace Park Rentall Fees 5,068.00 2,500.00 2,568.00 202.72% 6,000.00 3,500.00 4330 LEOSE 0.00 1,000.00 -1,000.00 0.0% 1,000.00 0.00 4340 Crash Report Fees 156.00 500.00 -344.00 31.2% 500.00 0.00 Total 4300 Service Fees 85,644.87 35,000.00 50,644.87 244.7% 88.500.00 53,500.00 4700 Investment and other income 4780 Interest Income 7,627.71 4,300.00 3,327.71 177.39% .000,00 4,700.00 4790 Other Income 4790 Other Income Other 3,426.19 20,000.00 -16,573.81 17,13% 5.000.00 (15,000.00) Total 4790 Other Income 3.426.19 20,000,00 -16,573.81 17.13% 5,000.00 (15,000.00) Total 4700 Investment and other income 11,053.90 24,300.00 -13,246,10 45.49% 14.000.00 (10,300.00) 4400 Fines and Forfeitures 35,153.40 70,000.00 -34,846,60 50.22% 55.000.00 (15,000.00) Total 4000 GENERAL FUND REVENUE 2,259,150,17 2.546.300.00 -287,149.83 88.72% 2:288.500.00 (257,800.00) Total Income 2.259,150.17 2,546,300.00 -287,149.83 88.72% 2.288,500.00 (257,800.00) Expense GENERAL FUND EXPENDITURES 5000 ADMINISTRATION DEPARTMENT 6100 Personnel Services 5101 Village Administrator Salary 80.7 769.22 153,000.00 -72.230.78 52.79% 150.000.00 (3,000.00) 5102 City Secretary Salary 34,830.37 75,990.00 -41,159.63 45,84% 57,900.00 (18,090.00) 5104 Receptionist Satary 21,874.90 31,824.00 -9,949.10 68.74% 21,100.00 (10,724.00) 5124 Payroll Tax- Admin 16,911.53 20,420,00 -3,508.47 82.82% 23,000.00 2,580.00 5126 1 TMRS Contriputions-Admin 14,666.42 27,685.00 -13.018.58 52.98% 25,300.00 (2,385.00) 5127 Health Care- Admin 12,005.34 22,800.00 -10,794.66 52.66% 17,800.00 (5,000.00) Total 5100 Personnel Services 181,057,78 331,719.00 -150,661.22 54,58% 295,100.00 (36,619.00) 5200 Services 5201 Meeting Expense 4,897.65 6,000.00 -1,102.35 81.63% 6,300.00 300.00 5202 Bell Co Health Srvcs Contracts 5,196.63 6,000.00 -803.37 86.61% 5,200.00 (800.00) 5203 Printing Expense 0.00 333.00 -333.00 0.0% 100.00 (233.00) 5204 Telephone 1,952.73 3,600.00 -1,647.27 54.24% 3,600.00 0.00 5205 Equipment Leased Rented 1,930.25 4,000,00 -2,069,75 48.26% 4,000.00 0.00 5206 I Interest Exp/Bank Fees 1,169.25 3,700.00 -2,530.75 31.6% 3,700.00 0.00 6207 BELLCAD 19,855.34 16,000.00 3,855.34 124,1% 26,000.00 10,000.00 5208 Board of Aldermen Expenses 0.00 1,000.00 -1,000.00 0.0% 0.00 (1,000.00) 5214 Utilities 4,465.26 6,400.00 -1,934.74 69.77% 6,400.00 0.00 5215 Janitorial 1,884.00 3,800,00 -1,916.00 49.58% 2,400.00 (1,400.00) Total 5200 Services 41,351.11 50,833.00 -9,481.89 81.35% 57,700.00 6,867.00 5216 Professional Fees 6216-3. Profess Fees Accounting 45,825.00 76,000.00 -30,175.00 60.3% 68,400.00 (7,600.00) 5216-4 Profess Fees Inspections 203,845.83 90,000.00 113,845.83 226.5% 250,000.00 160,000.00 5216-5 Profess. Fees Legal 67,489.79 80,000.00 -12,510.21 84.36% 118,000.00 38,000.00 Total 5216 Professional Fees 317,160.62 246,000.00 71,160.62 128.93% 436,400.00 190,400.00 5300 Other Services & Charges 6301 Election Expenses 0.00 4,500.00 -4,500.00 0,0% 4,500,00 0.00 6304 Once Supplies 6,289.26 6,000.00 289.26 104.82% 8,175.00 2,175.00 5305 Postage 2,088.17 3,000.00 911.83 69.61% 3,.000.00 0.00 6306 Bullding! Supplies 0.00 200.00 -200.00 0.0% 200.00 0.00 5307 Building & Equipment R & M 470.00 1,500.00 1,030.00 31.33% 1,500.00 0.00 5309 Website 0.00 3,100.00 -3,100.00 0.0% 3,100.00 0.00 6310 Public Notices 896,00 2,500.00 -1,604.00 35.84% 2,500.00 0.00 5311 Insurance (TML Property & GL) 57,327.14 63,000.00 -5,672.86 91.0% 57.500.00 (5,500.00) 5312 Dues and Subscriptions 2,761.88 2,500.00 261.88 110.48% 2,800.00 300.00 5313 Training & Travel 6,042.83 500.00 5,542.83 1,208.57% 6.100.00 5,600.00 6319 Technology 18,010.18 28,000.00 -9,989.82 64.32% 28,000.00 0.00 Total 6300 Other Services & Charges 93,885.46 114,800.00 -20,914.54 81.78% 117.375.00 2,575.00 5400 Capital Outlay 5401 Equipment (IT) 1,814.00 20,000,00 -18,186.00 9.07% 4,000.00 (16,000.00) Total 5400 Capital Outlay 1,814.00 20,000.00 -18,1 186.00 9.07% 4,000.00 (16,000.00) Total 5000 ADMINISTRATION: DEPARTMENT 635,268.97 763,352.00 -128,083.03 83.22% 910,575.00 147,223.00 5500 DEVELOPMENT SERVICES DEPARTMENT 5501 . Personnel Services 5502 City Planner Salary 28,846.20 75,000.00 -46,153.80 38.46% 28,800.00 (46,200.00) 6503 Permit Clerk Salary 24,515.01 45,445.00 -20,929.99 5394% 45,445.00 0.00 5504 Payroll Tax- Dev: Svcs 5,342.35 9,448.00 -4,105.65 56,55% 6,800.00 (2,648.00) 5506 TMRS Contributions-1 Dev Svcs 6,298.47 14,562.00 -8263.53 43.25% 8,755.00 (5,807.00) 5507 Health Care- Dev Svcs 12,644.02 22,800,00 -10,155.98 55.46% 18.200.00 (4,600.00) Total 5501 Personne! Services 77,646.05 167,255.00 -89,608.95 46.42% 108,000.00 (59,255.00) 5600 Other Services & Charges 5601 Travel & Training 1,082.36 500.00 582.36 216.47% 1,100.00 600.00 Total 5600 Other Services & Charges 1,082.36 500.00 582.36 216.47% 1,100.00 600.00 5700 Professional Fees 5701 General Englneering 75,695.91 50,000.00 25,695.91 151.39% 100,000.00 50,000.00 5702 Zoning/Annexation 1,642.50 5,000.00 -3,357.50 32.85% 5,000.00 0.00 5703 Engineering- Plat Review 31,228.75 60,000.00 -28.771.25 52.05% 54,000.00 (6,000.00) Total 6700 Professional Fees 108,567.16 115,000.00 -6,432.84 94.41% 159,000.00 44,000.00 Total 5500 DEVELOPMENT: SERVICES DEPART T TMENT 187,295.57 282,755.00 -95,459,43 66.24% 268,100.00 (14,655.00) 5550 ADMINISTRATIVE SERVICES DEPT 5551 Personnel Services 6552 Director of Admin Services 11,538.48 46.200.00 46,200.00 5553 Payroll Tax- Admin Services 882.71 3,100,00 3,100.00 5554 TMRS-A Admin Services 1,317,68 5,300.00 5,300.00 6554 Healthcare-, Admin Services 2,189.84 7,675.00 7,675.00 5555- Tourism Oversight 0.00 -14,800.00 (14,800.00) Total 5551 Personnel Services 15,928.71 47,475.00 47,475.00 Total 5550 ADMINISTRATIVE: SER ICES DEPT 15,928.71 47,475.00 47,475.00 6000 PUBUC: SAFETYI DEPARTMENT 6200 Police Department 6201 * Personnel Services 6202 Salary- Chlef of Police 59,167.50 104,608.00 45,440.50 56.56% 104,608.00 0.00 6203 Salary- Sergeant 40,960.00 67,891.00 -26,931.00 60.33% 67,891,00 0.00 6204 Salary Wages Officers 207,348.39 414,051.00 -206,702.61 50.08% 353,530.00 (60,521.00) 6205 Officers Overtime 4,751,40 10,000.00 -5,248.60 47.51% 10,000.00 0.00 6206 Longevity & Certif Pay 4,984.54 10,000.00 -5,015.46 49.85% 10,000.00 0.00 6207 Payroll Tax- PD 24,866.14 47,454.00 -22,587.86 52.4% 40,200.00 (7,254,00) 6208 Contract Labor- Stroll Security 1,600.00 1,600.00 1,600.00 6210 TMRS Contributions- PD 37,987.31 73,332.00 -35,344.69 51.8% 64,071.00 (9,261.00) 6211 Health Care- PD 52,844.94 102,600.00 -49,755.06 51.51% 87,700.00 (14,900.00) Total 6201 Personnel Services 434,510.22 829,936.00 -395,425.78 52.36% 739,600.00 (90,336.00) 6212 Services 6213 Telephone 5,765.99 9,000.00 -3,234.01 64.07% 9,000.00 0.00 6214 Utllities 2,704.41 4.200.00 -1,495,59 64.39% 4,200.00 0.00 6215 Janitorial 1,050.00 1,800.00 -750.00 58.33% 1,400.00 (400.00) 6215.1- Technology- PD 8,884.38 37,200.00 -28,315.62 23.88% 11,000.00 (26,200.00) Total 6212 Services 18,404.78 52,200.00 -33,795.22 35.26% 25,600.00 (26,600.00) 6216 Other Services & Charges 6217 Ammunition 0.00 2.500.00 -2,500.00 0.0% 0.00 (2,500.00) 6218 Crime Prevention: Supplies 0.00 3,000.00 -3,000.00 0.0% 0.00 (3,000.00) 6219 Auto Expenses 19,372.24 42,500.00 -23,127.76 45.58% 42.500.00 0.00 6220 Supplies 3,719.17 8,000.00 -4,280.83 46.49% 8,000.00 0.00 6221 Equipment Maintenance & Repair 51.88 1,000.00 -948.12 5.19% 1,000.00 0.00 6222 Building R 6 M 0.00 500.00 -500.00 0.0% 500.00 0.00 6223 Dues & Subscriptions 0.00 500.00 -500.00 0.0% 500.00 0.00 6224 Anlmal Control 0,00 1,500.00 -1,500.00 0.0% 1,500.00 0.00 6224,1- Travel & Training 510.00 2,500.00 -1,990.00 20,4% 2,500.00 0.00 Total 6216 Other Services & Charges 23,653.29 62,000.00 -38,346.71 38.15% 56,500.00 (5,500.00) 6225 Police Capital Outlay 6226 Capital Outlay- PD Vehicles 0,00 88,000.00 -88,000.00 0.0% 35,800.00 (52,200.00) 6227 Capital Outlay- PD Equlpment 46,553.75 64,700.00 -18,1 .146.25 71.95% 50,000.00 (14,700.00) Total 6225 Pollce Capital Outlay 46,553.75 152,700.00 -106, 146.25 30.49% 85,800.00 (66,900.00) Total 6200 . Police Department 523,122.04 1,096,836.00 -573,713. 96 47.69% 907,500.00 (189,336.00) 6500 Munlcipal Court 6550 Professional Fees 6551 Judiclal Services 5,600.00 9,600.00 -4,000.00 58.33% 9,600.00 0.00 6562 Prosecutor 13,750.36 18,900.00 -5,149.64 72.75% 25,000.00 6,100.00 Total 6550 Professional Fees 19,350.36 28,500,00 9,149.64 67.9% 34,600.00 6,100.00 6570 Other Services & Charges 6571 Supplies 23.16 250.00 -226.84 9.26% 250.00 0.00 6573 Dues and Subscriptions 0.00 2.800.00 -2,800.00 0.0% 2,800.00 0.00 6575 Travel and Tralning 150.00 1.000.00 -850.00 15.0% 200,00 (800.00) Total 6570 Other Services & Charges 173.16 4,050.00 -3,876.84 4.28% 3,250.00 (800.00) Total 6500 Municipal Court 19,523,52 32,550.00 -13,026.48 69.98% 37,850.00 5,300.00 Total 6000 * PUBLIC SAFETY DEPARTMENT 542,645.56 1,129,386.00 -586,740.44 48.05% 945.350.00 (184,036.00) 7000 PUBLIC WORKS DEPARTMENT 7001 Personnel Services 7002 Wages- Maintenance Worker 19,291.89 55,342.00 -36,050.1 1 34.86% 43,300.00 (12,042.00) 7004 Maintenance Worker- Overtime 523,44 5,000,00 4,476,56 10.47% 600.00 (4,400.00) 7005 Payroll Tax- Public Works 1,693.66 4,850.00 -3.156.34 34.92% 2.800.00 (2,050.00) 7008 TMRS Contributions- Maint 1,651.65 5,065.00 -3,413.35 32.61% 1,700.00 (3,365.00) 7009 Healthcare- Maintenance 3,963.01 11,400.00 -7,436.99 34.76% 4,000.00 (7,400.00) Total 7001 Personnel Services 27,123.65 81,657.00 -54,533.35 33.22% 52,400.00 (29,257.00) 7015 Other Services & Charges 7016 Maint- Uniforms and Boots 658.61 1,500.00 -841.39 43.91% 700.00 (800.00) 7017 Telephone 352.45 600.00 -247.55 58.74% 600.00 0.00 Total 7015 Other Services & Charges 1,011.06 2,100.00 -1,088.94 48.15% 1,300.00 (800.00) Total 7000 PUBLICI WORI S DEPARTMENT 28,134.71 83,757,00 -55,622.29 33.59% 53,700.00 (30,057.00) 8000 PARKS DEPARTMENT 8001 Services 8002 Utilties 1,576.65 6,000.00 -4,423.35 26.28% 2.,800.00 (3,200.00) Total 8001 Services 1,576.65 6,000.00 -4,423.35 26.28% 2,800.00 (3,200.00) 8010 Other Services & Charges 8011 Supplies 1,456.94 5,000.00 -3,543.06 29.14% 3,000.00 (2,000.00) 8012 Autol Expenses 0.00 7,500,00 -7,500.00 0.0% 0.00 (7,500.00) Total 8010 Other Services & Charges 1,456,94 12,500.00 -11,043.06 11.66% 3,000.00 (9,500.00) Total B000 PARKS DEPARTMENT 3,033.59 18,500,00 -15,466,41 16.4% 5,800.00 (12,700.00) 9000 STREET DEPARTMENT 9001 Other Services & Charges 9002 Contract Services 16,305.77 40,000.00 -23,694.23 40.76% 20,000.00 (20,000.00) 9003 Signage 238.96 1,000.00 -761.04 23.9% 1,000.00 0.00 9004 Auto Expense 661.78 1,000.00 -338.22 66.18% 2,000.00 1,000.00 9005 Equipment Repair 348.40 15,000.00 -14,651.60 2.32% 1,500.00 (13,500.00) 9006 Street Supplies 6,421.41 50,000.00 -43,578.59 12.84% 8,000.00 (42,000.00) Total 9001 Other Services & Charges 23,976.32 107,000.00 -83,023.68 22.41% 32,500.00 (74,500.00) 9050 Services 0.00 9051 Utilities 15,433.81 25,000.00 -9,566.19 61.74% 25,000.00 0.00 Total 9050 Serviçes 15,433.81 25,000.00 -9,566.19 61.74% 25,000.00 0.00 9500 Capital Outlay 9501 Capital Outlay- Streets 1,956.25 0.00 Total 9500 Capital Outlay 1,956.25 0.00 Total 9000 STREET DEPARTMENT 41,366.38 132,000.00 -90,633.62 31.34% 57,500.00 (74,500.00) Total GENERAL FUND EXPENDITURES 1.453,673.49 2,409,750.00 -956,076.51 60,33% 2288.500.00 (121,250.00) Total Expense 1,453,673,49 2.409,750.00 -956,076.51 60.33% 2,288. 500.00 (121,250.00) Net Ordinary Income 805,476.68 136,550,00 668,926.68 589.88% 0.00 (136,550.00) Other Income/Expense Other Expense 98000 Transfers Out 98004 Xfert to WwW Operations 0.00 66.550.00 -66,550.00 0.0% 0.00 (66,550.00) 98006 Transfer tol I&S Fund 0.00 70,000,00 -70,000.00 0.0% 0.00 (70,000.00) Total 98000 Transfers Out 0,00 136,550.00 -136,550.00 0,0% 0.00 (136,550.00) Total Other Expense 0.00 136,550.00 -136.550.00 0.0% 0.00 (136,550.00) Net Other Income 0.00 -136, 550.00 136,550.00 0,0% 0.00 136,550.00 Net! income 805,476,68 0.00 805,476,68 100.0% 0.00 0.00 VILLAGE OF SALADO DRAFT PROPOSED AMENDED BUDGET FY 24-25 HOTEL OCCUPANCY TAX FUND Proposed Proposed Oct24-Apr2 25 Annual Budget $Over Budget %ofE Budget Amended Budget Change Ordinary Income/Expense Income 4000 HOT FUND REVENUE 4100 County Hotel Occupancy' Tax 000 4,000.00 -4,000.00 0.0% 4,000.00 0.00 4200 Occupancy Tax 115,423.94 260,000.00 -144,576.06 44:39% 260,000.00 0.00 4300 Other Income 2,471.87 1.000.00 1,471.87 247.19% 1,000.00 0.00 Total 4000 HOT FUND REVENUE 117,895.81 265,000.00 -147,104.19 44.49% 265,000.00 0.00 Total Income 117,895.81 265,000.00 -147,104.19 44. 49% 265,000.00 0.00 Expense 5000 HOT FUND EXPEND DITURES 5001 Personnel Services 5002 Salary- Marketing Speclallst 39,851.26 71,400.00 -31,548.74 55.81% 71.400.00 0.00 5003 Wages- Visitors Ctr Coordinator 7,638.75 15,912.00 -8,273.25 48.01% 15,912.00 0.00 5004 Administrative Oversight 0.00 0.00 0.00 0.0% 14,800.00 14,800.00 5006 Payroll Tax 3,854.13 6,913.00 -3,058.87 55.75% 6.913.00 0.00 5007 TMRS Contribution 4,720.14 8,632.00 -3,911.86 54.68% 8,632.00 0.00 5008 Health Care 7,460.68 11,400.00 -3,939.32 65.45% 11.400.00 0.00 Total 6001 Personnel Services 63,524.96 114,257.00 -50,732.04 55.6% 129,057.00 14,800.00 5050 Other Charges & Services 5051 Lease- Visitors Center 10,619.00 18,204.00 -7,585,00 58,33% 18,204.00 0.00 5052 Marketing 21,166.90 100,000.00 -78,833.10 21.17% 100,000.00 0.00 5053 Office Supplies 187.56 2,000.00 -1,812.44 9,38% 2,000,00 0.00 5054 Professional Fees. Accounting 0.00 0.00 0.00 0.0% 7,600.00 7,600.00 5055 Printing 0.00 3,500.00 -3,500.00 0.0% 3,500.00 0.00 5056 Postage 0.00 1,500.00 -1,500.00 0.0% 1,500.00 0.00 5057 Dues & Subscriptions 1,556.00 5,000.00 -3,444.00 31,12% 5,000.00 0.00 5058 Travel & Training 899.00 3,000.00 2,101.00 29.97% 3,000.00 0.00 5059 Vehicle Mainte nance 0.00 0.00 0.00 0.0% 0.00 0.00 6061 Community Grant Program 10,000.00 20,000.00 -10,000.00 50.0% 20,000.00 0.00 5062 SMCP Programming 10,000.00 10,000.00 0.00 100.0% 10,000.00 0.00 Total 6060 Other Charges & Services 54,428.4 46 163,204.00 -108,775.54 33.35% 170,804.00 7,600.00 5100 Capital Outlay 5110 Capital Outlay- Equipment 3,979.17 4,000.00 -20.83 99,48% 4,000.00 0.00 Total 5100 Capital Outlay 3,979.17 4,000.00 -20,83 99.48% 4,000.00 0.00 Total 5000. HOT FUND XPENDITURES 121,932.59 281,461.00 -159,528.41 43.32% 303,861.00 22,400.00 Total Expense 121,932.59 281,461.00 -159,528.41 43,32% 303,861.00 22,400.00 Net Ordinary Income -4,036.78 -16,461.00 12,424.22 24.52% -38,861.00 (22,400.00) Other Income/Expense Other Income 98000 Transfer from HOT Fund Balance 0.00 16,4 461.00 -16,461.00 0.0% 38,861.00 22,400.00 Total Other Income 0.00 16.461.00 -16,461.00 00% 38,861.00 22,400.00 Net Other Income 0.00 16, 461.00 -16,461.00 0.0% 38,861.00 22,400.00 Net Income -4,036.78 0,00 -4,036.78 100.0% 0.00 0.00 VILLAGE OF SALADO DRAFT PROPOSED AMENDED BUDGET FY 24-25 WASTEWATER FUND Proposed Proposed Oct' '24 Apr 25 Annual Budget $ Over Budget %0 of Budget Amended Budget Change Ordinary Income/Expense Income Monthly Service Fees 239,011.51 275,000.00 -35,988.49 86.91% 415,000.00 140,000.00 Interest Income 506.50 300.00 206,50 168.83% 800.00 500.00 Miscellaneous Income 13,117.59 0.00 13,117.59 100.0% 15,000.00 15,000.00 Total Income 252,635.60 275,300.00 -22,664.40 91.77% 430,800.00 155,500.00 Expense Misc 3,690.00 1,500.00 2,190.00 246.0% 4,000.00 2,500.00 Maintenance Contractor 125,070.28 185,100.00 -60,029.72 67.57% 190,200.00 5,100.00 Admin/Collections 0.00 0,00 0.00 0.0% 10,100,00 10,100,00 Professional Fees- Engineering 580.50 5,000.00 -4,419.50 11.61% 5,000.00 0.00 Repairs 33,168.31 25,000.00 8,168.31 132.67% 50,000.00 25,000.00 Supplies 0.00 25,000.00 25,000.00 0.0% 0.00 -25,000.00 TCEQ Fees 1,250,00 1,250.00 0.00 100.0% 1,250.00 0.00 Utilities Utilities- Electric 56,409.34 95,000,00 -38,590.66 59,38% 95,000.00 0.00 Utilities-V Water 8,294.98 4,000.00 4,294.98 207.38% 10,000.00 6,000.00 Total Utilities 64,704.32 99,000.00 -34,295.68 65.36% 105,000.00 6,000.00 Total Expense 228,463.41 341,850.00 -113,386.59 66.83% 365,550.00 23,700.00 Net Ordinary Income 24,172.19 -66,550,00 90,722.19 -36.32% 65,250.00 131,800.00 Other Income/Expense Other Income Transfer In 0.00 66,550.00 -66,550.00 0.0% 0.00 -66,550.00 Total Other Income 0,00 66,550.00 -66,550.00 0.0% 0.00 -66,550.00 Net Other Income 0.00 66,550.00 -66,550.00 0,0% 0.00 -66,550.00 Net Income 24,172.19 0.00 24,172.19 100.0% 65,250.00 65,250.00 Financial Reports Ending April 30, 2025 A R 00 3:23 PM Village of Salado-General Fund 05/10/25 Balance Sheet Accrual Basis As of April 30, 2025 Apr 30, 25 ASSETS Current Assets Checking/Savings 1002 Horizon GF Operating xXx8101 829,861.56 1003 * Horizon Payroll xxx9962 249,229.51 1004 . Horizon Forfeiture xxx3514 6,581.99 1006 - Horizonx1297 Deposits 60,998.91 1008 - Horizon General Fund xx9230 551,070.50 1009 . PNC xx-0938 10,000.00 1099 - Petty Cash 100.00 Total Checking/Savings 1,707,842.47 Other Current Assets 1100 * Investments 1120 TexPool 5,001.65 Total 1100 Investments 5,001.65 1200 . Other receivables 1213 . Credit Card Payments Receivable 2,851.96 1215 Property Tax Receivable 15,091.23 1217 Franchise Fee Receivable 57,319.22 1218 . Sales Tax Receivable 149,685.53 1219 Mixed Beverage Receivable 8,201.34 Total 1200 Other receivables 233,149.28 1205 Due To/From Other Funds 1224 Due From WW Operations 182,643.18 1211 Due From WW Disbursement -71,715.84 1206 Due From Fund 200 Hotel/Motel -3,060.01 Total 1205 Due To/From Other Funds 107,867.33 1600 Prepaid Expenses 3,318.13 Total Other Current Assets 349,336.39 Total Current Assets 2,057,178.86 Fixed Assets 1750 Contruction In Progress 703,210.15 1700 Land 45,576.83 1705 . Building 384,593.71 1730 Machinery & Equipment 1,403,475.90 1740 Infrastructure 7,038,520.73 1799 Accumulated Depreciation 1,215,096.55 Total Fixed Assets 8,360,280.77 Other Assets 1800 Construction in Progress 239,571.84 Total Other Assets 239,571.84 TOTAL ASSETS 10,657,031.47 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 82,346.30 Other Current Liabilities 2865 Reserved- Park Improvements 16,840.00 2050 . Accrued Wages 17,332.84 2100 . Payroll Liabilities 14,229.19 2200 Due to other funds 2201 Due to &S 11,620.90 Page 1 3:23 PM Village of Salado-General Fund 05/10/25 Balance Sheet Accrual Basis As of April 30, 2025 Apr 30, 25 Total 2200 Due to other funds 11,620.90 2300 Unearned ARPA Grant Revenue 0.00 2301 Development Escrows 945,625.08 2302 . Project Escrows 78,128.76 2700 . Deferred Revenue 2704 * Deferred Revenue Ad Valorem 13,578.85 Total 2700 . Deferred Revenue 13,578.85 2899 - Reserved-LTPDF TruancyPrevFund 4,221.94 2900 . Reserved- Security Fee 5,761.84 2864 Reserved- Opioid Abatement 2,160.11 Total Other Current Liabilities 1,109,499.51 Total Current Liabilities 1,191,845.81 Total Liabilities 1,191,845.81 Equity 3110 Investments in Fixed Assets 8,599,852.61 32000 . Retained Earnings 59,856.38 Net Income 805,476.67 Total Equity 9,465,185.66 TOTAL LIABILITIES & EQUITY 10,657,031.47 Page 2 3:04 PM Village of Salado-General Fund 05/10/25 Accrual Basis Profit & Loss Budget Performance October 2024 through April 2025 Oct" 24 Apr25 Annual Budget $Over Budget % of Budget Ordinary Income/Expense Income 4000 GENERAL FUND REVENUE 4100 Tax Revenue 4115 Property Taxes 1,139,830.37 1,150,000.00 -10,169,63 99.12% 4120 Sales Tax Eamed 560,798.02 860,000,00 -299.201.98 65.21% 4130 Mixed Beverages 32.423.66 41,000.00 -8.576.34 79.08% Total 4100 Tax Revenue 1,733,052.05 2,051,000.00 -317,947.95 84.5% 4150 Franchise Fees 4160 Electric Franchise 123,478.29 124.000.00 -521.71 99.58% 4165 Telephone Franchise 4,800.03 11,000.00 -6,199,97 43.64% 4170 Waste Disposal Franchise Fee 35,499.29 20,000.00 15,499.29 177.5% 4175 Cable Franchise 12,055.71 30,000.00 -17,944.29 40.19% 4180 Water Franchise 43,426.63 40,000.00 3,426.63 108.57% Total 4150 Franchise Fees 219,259.95 225,000.00 -5,740,05 97.45% 4200 Licenses, Permits, and Fees 4210 Sign Permit Misc 7,650.00 700.00 6,950,00 1,092.86% 4215 Service Fees (Bum) 160,00 300.00 -140.00 53.33% 4216 Service Fees (Itinerant Vendor) 2,000.00 3,000,00 -1,000.00 66.67% 4230 Building Permit Fees 152,301.40 120,000.00 32,301.40 126.92% 4260 Certificate of Occupancy 484.60 5.000.00 -4,515.40 9.69% 4270 Contractor Registration 5,315.00 12,000.00 -6,685,00 44.29% 4280 Other Permit Fees 7,075.00 0.00 7,075.00 100.0% Total 4200 Licenses, Permits, and Fees 174,986.00 141,000.00 33,986.00 124,1% 4300 Service Fees 4310 SaxhPasmaantacpiws 80,170.87 30,000.00 50,170.87 267.24% 4315 ZoninglVariances 250.00 1,000.00 -750.00 25.0% 4320 Pace Park Rental Fees 5,068.00 2,500.00 2,568.00 202.72% 4330 * LEOSE 0.00 1,000.00 -1,000.00 0.0% 4340 Crash Report Fees 156.00 500.00 -344.00 31.2% Total 4300 . Service Fees 85,644.87 35,000.00 50,644.87 244.7% 4700 * Investment and other income 4780 Interest Income 7,627.71 4,300.00 3.327.71 177.39% 4790 Other Income 3.426.18 20,000.00 -16,5 573.82 17.13% Total 4700 Investment: and other income 11,053.89 24,300.00 -13,246.11 45.49% 4400 Fines and Forfeitures 35,153.40 70,000.00 -34,846.60 50.22% Total 4000 GENERAL FUND REVENUE 2.259,150.16 2,546,300.00 -287,149.84 88.72% Total Income 2,259,150,16 2.546,300.00 -287,149,84 88.72% Expense GENERAL FUND EXPENDITURES 5000 ADMINISTRATION DEPARTMENT 5100 Personnel Services 5101 Village Administrator Salary 80,769.22 153,000.00 -72,230.78 52.79% 5102 City Secretary Salary 34,830.37 75,990,00 -41,159.63 45.84% 5104 Receptionist Salary 21,874.90 31,824.00 -9,949.10 68.74% 5124 Payroll Tax- Admin 16,911,53 20,420.00 -3,508.47 82.82% 5126 TMRS Contributions- Admin 14,666.42 27,685.00 -13,018.58 52.98% 5127 Health Care- Admin 12,005.34 22,800.00 -10.794.66 52.66% Total 5100 Personnel Services 181,057,78 331,719.00 -150,661.22 54.58% 5200 Services 5201 Meeting Expense 4,897.65 6,000.00 -1,102.35 81,63% 5202 Bell Co Health Srvcs Contracts 5,196.63 6,000.00 -803.37 86.61% 5203 Printing Expense 0.00 333.00 -333.00 0.0% Page of 4 3:041 PM Village of Salado-General Fund 05/10/25 Accrual Basis Profit & Loss Budget Performance October 2024 through April 2025 Oct' '24 Apr25 Annual Budget $OverB Budget % of Budget 5204 Telephone 1,952.73 3,600.00 -1,647.27 54.24% 5205 Equipment Leased Rented 1,930.25 4,000.00 -2.069.75 48.26% 5206 Interest Exp/Bank Fees 1,169.25 3,700.00 -2,530.75 31.6% 5207 BELLCAD 19,855.34 16,000.00 3,855.34 124.1% 5206 Board of Aldermen Expenses 0.00 1,000.00 -1,000.00 0.0% 5214 Utilities 4,465.26 6,400.00 -1,934.74 69.77% 5215 Janitorial 1,884.00 3,800.00 -1,916.00 49.58% Total 5200 Services 41,351.11 50,833.00 -9.481.89 81.35% 5216 Professional Fees 5216-3 Profess Fees Accounting 45,825.00 76,000.00 -30,175.00 60.3% 5216-4 Profess Fees Inspections 203,845.83 90,000.00 113,845.83 226.5% 5216-5 Profess. Fees Legal 67,489.79 80,000.00 -12,510.21 84.36% Total 5216 Professional Fees 317,160.62 246,000.00 71,160.62 128.93% 5300 Other Services & Charges 5301 Election Expenses 0,00 4,500.00 -4,500.00 0.0% 5304 Office Supplies 6,289.26 6,000.00 289.26 104.82% 5305 Postage 2,088.17 3,000.00 -911.83 69,61% 5306 Building Supplies 0.00 200.00 -200.00 0.0% 5307 Building & Equipment R & M 470.00 1,500.00 -1,030.00 31.33% 5309 Website 0.00 3,100.00 -3,100.00 0.0% 5310 Public Notices 896.00 2,500.00 -1,604.00 35.84% 5311 Insurance (TML Property & GL) 57,327.14 63,000.00 -5,672.86 91.0% 5312 Dues and Subscriptions 2,761.88 2,500.00 261.88 110.48% 5313 Training & Travel 6,042.83 500.00 5,542.83 1,208.57% 5319 Technology 18,010.1 18 28,000.00 -9,989.82 64.32% Total 5300 Other Services & Charges 93,885.46 114,800.00 -20,914.54 81.78% 5400 Capital Outlay 5401 Equipment (IT) 1,814.00 20,000.00 -18.186.00 9.07% Total 5400 Capital Outlay 1,814.00 20,000.00 -18,186.00 9.07% Total 5000 ADMINISTRATION: DEPARTMENT 635,268.97 763,352.00 -128,083.03 83.22% 5500 DEVELOPMENT: SERVICES DEPARTMENT 5501 Personnel Services 5502 - City Planner Salary 28.846.20 75,000.00 -46,153.80 38,46% 5503 * Permit Clerk Salary 24,515.01 45,445.00 -20.929.99 53.94% 5504 - Payroll" Tax- Dev Svcs 5,342,35 9,448.00 -4,105.65 56.55% 5505 TMRS Contributions- Dev Svcs 6,298.47 14,562,00 8,263.53 43.25% 5507 Health Care- Dev Svcs 12,644.02 22,800.00 -10,155.98 55,46% Total 5501 Personnel Services 77,646.05 167,255.00 -89.608.95 46.42% 5600 Other Services & Charges 5601 Travel & Training 1,082.36 500.00 582.36 216.47% Total 5600 Other Services & Charges 1,082.36 500.00 582.36 216.47% 5700 Professional Fees 5701 General Engineering 75.695.91 50,000.00 25,695.91 151.39% 5702 Zoning/Annexation 1,642.50 5,000.00 -3,357.50 32.85% 5703 . Engineering- Plat Review 31,228.75 60,000.00 -28,771.25 52.05% Total 5700 Professional Fees 108,567,16 115,000.00 -6,432.84 94,41% Total 5500 . DEVELOPMENT SERVICES DEPARTMENT 187.295.57 282,755.00 -95,459.43 66.24% 5550 ADMINISTRATIVE SERVICES DEPT 5551 Personnel Services 5552 Director of Admin Services 11,538.48 5553 Payroll Tax- Admin Services 882.71 5554 TMRS- Admin Services 1,317.68 5555 Healthcare- Admin Services 2,189.84 Page 2 of 4 3:04 PM Village of Salado-General Fund 05/10/25 Accrual Basis Profit & Loss Budget Performance October 2024 through. April 2025 Oct' '24 Apr 25 Annual Budget $Over Budget % of Budget Total 5551 Personnel Services 15,928.71 Total 5550 ADMINISTRATIVE 5 E RVICES DEPT 15,928.71 6000 PUBLIC SAFETY DEPARTMENT 6200 Police Department 6201 Personnel Services 6202 Salary- Chief of Police 59,167.50 104,608.00 -45,440.50 56.56% 6203 * Salary- Sergeant 40,960.00 67,891.00 -26,931.00 60,33% 6204 Salary/ Wages Officers 207,348.39 414,051.00 -206,702.61 50.08% 6205 * Officers Overtime 4,751.40 10,000.00 5,248.60 47.51% 6206 * Longevity & Certif Pay 4,984.54 10,000.00 -5.015.46 49.85% 6207 - Payroll Tax- PD 24,866.14 47,454.00 -22,587.86 52,4% 6208 Contract Labor- Stroll Security 1,600.00 0.00 1,600.00 100.0% 6210 TMRS Contributions- PD 37,987.31 73,332.00 -35,344.69 51.8% 6211 Health Care- PD 52.844.94 102.600.00 -49.755.06 51.51% Total 6201 Personnel Services 434,510.22 829,936.00 -395,425.78 52,36% 6212 Services 6213 Telephone 5.765.99 9.000.00 -3,234.01 64.07% 6214 Utilities 2,704.41 4,200.00 -1,495.59 64.39% 6215 Janitorial 1,050.00 1,800.00 -750.00 58.33% 6215.1- Technology- PD 8,884.38 37,200.00 -28,315.62 23.88% Total 6212 Services 18,404,78 52,200.00 -33,795.22 35.26% 6216 Other Services & Charges 6217 Ammunition 0.00 2,500.00 -2,500.00 0.0% 6218 Crime Prevention Supplies 0.00 3,000.00 -3,000,00 0.0% 6219 Auto Expenses 19,372.24 42,500.00 -23,127.76 45.58% 6220 Supplles 3,719.17 8,000.00 -4,280.83 46.49% 6221 Equipment Maintenance & Repair 51.88 1,000.00 -948.12 5.19% 6222 Building R &M 0,00 500.00 -500.00 0.0% 6223 Dues & Subscriptions 0.00 500.00 -500.00 0,0% 6224 Animal Control 0.00 1,500.00 -1,500.00 0.0% 6224.1 Travel & Training 510.00 2.500.00 -1,990.00 20.4% Total 6216 Other Services & Charges 23,653.29 62,000,00 -38,346.71 38,15% 6225 Police Capital Outlay 6226 Capital Outlay- PDI Vehicles 0.00 88.000.00 -88,000.00 0.0% 6227 Capital Outlay- PDI Equipment 46,553.75 64,700.00 -18,146.25 71.95% Total 6225 Police Capital Outlay 46,553.75 152,700.00 -106,146.25 30.49% Total 6200 Police Department 523,122.04 1,096,836.00 -573,713.96 47.69% 6500 Municipal Court 6550 Professional Fees 6551 Judicial Services 5,600.00 9,600.00 -4,000.00 58.33% 6552 Prosecutor 13,750.36 18,900.00 -5,149.64 72,75% Total 6550 Professional Fees 19,350.36 28.500.00 -9,149.64 67,9% 6570 Other Services & Charges 6571 Supplies 23.16 250,00 -226.84 9.26% 6573 Dues and Subscriptions 0.00 2,800.00 -2,800.00 0,0% 6575 Travel and Training 150.00 1,000.00 -850,00 15,0% Total 6570 Other Services & Charges 173.16 4,050,00 -3,876.84 4.28% Total 6500 Municipal Court 19,523.52 32,550.00 -13,026.48 59.98% Total 6000 PUBLIC SAFETY DEPARTMENT 542,645.56 1,129,386.00 -586,740,44 48.05% 7000 * PUBLIC WORKS DEPARTMENT 7001 Personnel Services 7002 Wages- Maintenance Worker 19.291.89 55,342.00 -36,050.11 34.86% 7004 Maintenance Worker- Overtime 523.44 5,000.00 -4,476.56 10.47% Page 3 of 4 3:04 PM Village of Salado-General Fund 05/10/25 Accrual Basis Profit & Loss Budget Performance October 2024 through. April 2025 Oct'24- -Apr25 Annual Budget $OverB Budget % ofE Budget 7005 Payroll Tax- Public Works 1,693.66 4,850.00 3,156.34 34.92% 7008 TMRS Contributions- Maint 1.651.65 5,065.00 -3,413.35 32.61% 7009 Healthcare- Maintenance 3,963.01 11,400.00 -7.436.99 34.76% Total 7001 Personnel Services 27,123,65 81,657.00 -54,533,35 33.22% 7015 Other Services & Charges 7016 Maint- Uniforms and Boots 658.61 1,500.00 -841.39 43.91% 7017 Telephone 352.45 600.00 -247.55 58.74% Total 7015 Other Services & Charges 1,011.06 2,100.00 -1,088.94 48.15% Total 7000 PUBLIC WORKS DEPARTMENT 28,134.71 83,757.00 -55,622.29 33.59% 8000 PARKS DEPARTMENT 8001 Services 8002 Utilities 1,576.65 6,000.00 -4,423.35 26.28% Total 8001 Services 1,576.65 6,000.00 -4,423.35 26.28% 8010 Other Services & Charges 8011 Supplies 1,456.94 5,000,00 -3,543.06 29.14% 8012 Auto Expenses 0.00 7,500.00 -7.500.00 0.0% Total 8010 Other Services & Charges 1,456.94 12,500.00 -11.043.06 11,66% Total 8000 PARKS DEPARTMENT 3,033.59 18,500,00 -15,466.41 16.4% 9000 STREET DEPARTMENT 9001 Other Services & Charges 9002 Contract Services 16,305.77 40,000.00 -23,694.23 40.76% 9003 Signage 238.96 1,000,00 -761.04 23.9% 9004 Auto Expense 661.78 1,000.00 -338.22 66.18% 9005 Equipment Repair 348,40 15,000.00 -14.651.60 2.32% 9006 Street Supplies 6,421.41 50,000,00 -43,578.59 12,84% Total 9001 Other Services & Charges 23,976.32 107,000.00 -83,023.68 22.41% 9050 Services 9051 Utilities 15,433.81 25,000.00 -9,566.19 61.74% Total 9050 Services 15,433.81 25,000.00 -9,566.19 61.74% 9500 Capital Outlay 9501 Capital Outlay- Streets 1,956.25 Total 9500 Capital Outlay 1,956.25 Total 9000 STREET DEPARTMENT 41,366.38 132,000.00 -90,633.62 31.34% Total GENERAL FUND EXPENDITURES 1,453,673.49 2,409,750.00 -956,076.51 60.33% Total Expense 1,453,673.49 2,409,750.00 -956,076.51 60.33% Net Ordinary Income 805,476.67 136,550,00 668,926.67 589.88% Other Income/Expense Other Expense 98000 Transfers Out 98004 Xfer to WW Operations 0.00 66,550,00 -66,550.00 0,0% 98006 Transfer to &S Fund 0.00 70,000.00 -70,000.00 0.0% Total 98000 Transfers Out 0.00 136,550.00 -136,550.00 0.0% Total Other Expense 0.00 136,550,00 -136,550.00 0.0% Net Other Income 0.00 -136,550.00 136,550.00 0.0% Net! Income 805,476.67 0.00 805,476.67 100.0% Page 4 of 4 3:35 PM Village of Salado-General Fund 05/10/25 Accrual Basis Check Listing Date Num Name As of April 30, 2025Memo Amount 04/02/2025 Draft Cirro Energy Utilities 114.49 04/02/2025 Draft Cirro Energy Utilities 14.56 04/02/2025 Draft Cirro Energy Utilities 14.10 04/02/2025 Draft Cirro Energy Utilities 615.03 04/02/2025 Draft Cirro Energy Utilities 336.64 04/02/2025 Draft Cirro Energy Utilities 28.29 04/02/2025 Draft Cirro Energy Utilities 94.84 04/02/2025 Draft Cirro Energy Utilities 36.41 04/02/2025 Draft Cirro Energy Utilities 1,547.67 04/02/2025 Draft Cirro Energy Utilities 46.11 04/02/2025 Draft Cirro Energy Utilities 42.67 04/03/2025 5455 Sanctuary Development Company, LLC Property Tax Grant -Ch 380 Economic Development Agreement 2,015.51 04/03/2025 5463 Shay Luedeke Vehicle Registration Renewal- 2011 Ford Pickup 7.50 04/03/2025 5464 Shay Luedeke Vehicle Registration Renewal- 2013 Chevy Pickup 7.50 04/03/2025 5456 Bickerstaff Heath Delgado Acosta LLP Protessional Fees 11,357.94 04/03/2025 5457 Bureau Veritas Inspection Services 21,286.70 04/03/2025 5458 Fuelman Fuel Purchases 2,416.46 04/03/2025 5459 Grande Communications: Network LLC PD' Telephone and Internet 204.25 04/03/2025 5460 GT Distributors PD Supplies 792.79 04/03/2025 5461 Kristi Stegall Professional Fees 5,250.00 04/03/2025 5462 Salado' Village Voice Newspaper Public Notice 92.00 04/09/2025 Draft Cirro Energy Utilities 43.92 04/10/2025 5465 Extraco Technology Monthly IT Support, Cybersecurity Monitoring 2,007.00 04/10/2025 5466 Keith's Ace Hardware R&M Supplies 165.17 04/10/2025 5467 Salado Village Voice Newspaper Public Notice 78.00 04/10/2025 5468 State Comptroller 1st QTR 2025 State Criminal Costs & Fees 6,328.22 04/10/2025 5469 Verizon' Wireless Village Cell Phones 1,132.26 04/14/2025 5475 Zach Hurst Reimbursement: Bottled Water 8.56 04/14/2025 5476 Kourtny Croson Refund Pace Park Deposit 4/5/25 Rental 100.00 04/14/2025 5470 AnnamLife, LLC Live Stream Technician at BOA Meeting 3/13/25 200.00 04/14/2025 5471 FP Mailing Solutions Postage 138.93 04/14/2025 5472 Grande Communications: Network LLC Telephone/nternet 228.63 04/14/2025 5473 ICMA Membership Renewals ICMA Membership Renewal- Manuel De La Rosa 780.00 04/14/2025 5474 OmniBase Services of Texas 1st QTR 2025 FTA Fees Collected 6.00 04/14/2025 Draft Intuit General Fund Check Stock, Envelopes, Deposit Slips 565.35 04/17/2025 5478 Kane Heating & Air Conditioning Refund Bldg Permit Paid by CC, Was Not Required Outside of City 99.69 04/17/2025 5479 Wallace Williams Refund Zoning Sign Variance Fee 250.00 04/17/2025 5477 Eagle Disposal Utilities 112.50 04/23/2025 Draft Blue Cross and Blue Shield of Texas Employee Health Care Monthly Premiums- May 25 12,176.64 04/23/2025 Draft Standard Insurance Company RC Employee Life/AD&D 448.25 04/23/2025 Draft Guardian Employee Dental/Vision Premiums 439.15 04/24/2025 5487 Janice Lee Daily Refund Deposit 4/13/25 Pace Park Rental 100.00 04/24/2025 5488 Krystal Padro Refund Pace Park Deposit 100.00 Page 1 of 2 3:35 PM Village of Salado-General Fund 05/10/25 Accrual Basis Check Listing 04/24/2025 5489 Zach Hurst RamaAsALARA49.AR25 8.56 04/24/2025 5490 Becky Smith Refund Deposit 4/19/25 Pace Park Rental 100.00 04/24/2025 5491 Water's Edge Sign Permit Application Canceled 15.00 04/24/2025 5492 Water's Edge Refund Cançeled Sign Permit Application 185.00 04/24/2025 5480 AnnamLife, LLC Live Stream Technician at BOA Meeting 4/17/25 500.00 04/24/2025 5481 City of Temple PD: NicheRMS- Milestone 7, FY25 Hosting Fee 1,314.03 04/24/2025 5482 Clifford Lee Coleman Judicial Services for April 2025 800.00 04/24/2025 5483 Grande Communications Network LLC PD Telephone and Internet 204.26 04/24/2025 5484 Jani-King of Austin One Time Carpet Clean of Chamber Room 4/12/25 225.00 04/24/2025 5485 Tyler Technologies Court Case Mgmt Software- Maintenance and TylerU Support 2,904.52 04/24/2025 5486 Xerox Financial Services Copier Lease Payment- May 25 275.75 78,361.85 78,361.85 Page 2 of 2 3:48 PM Village of Salado, Hotel-Motel Fund 05/10/25 Balance Sheet Accrual Basis As of April 30, 2025 Apr 30, 25 ASSETS Current Assets Checking/Savings 1005 Horizon Operating xXx0314 350,293.74 Total Checking/Savings 350,293.74 Other Current Assets 1200 * AR Taxes 22,625.83 1100 Investments 1120 . TexPool 5,991.92 Total 1100 Investments 5,991.92 1500 Petty Cash 100.00 Total Other Current Assets 28,717.75 Total Current Assets 379,011.49 TOTAL ASSETS 379,011.49 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable -1,071.00 Other Current Liabilities 2050 - Accrued' Wages 1,980.68 2347 Economic Incentive Payme... 4,218.97 2400 * Reserve For Trolley Project 2,555.26 2200 * Due To Other Funds 2201 . Due to GF -3,060.01 Total 2200 Due To Other Funds -3,060.01 Total Other Current Liabilities 5,694.90 Total Current Liabilities 4,623.90 Total Liabilities 4,623.90 Equity 32000 Retained Earnings 378,403.32 Net Income -4,015.73 Total Equity 374,387.59 TOTAL LIABILITIES & EQUITY 379,011.49 Page 1 3:44 PM Village of Salado, Hotel-Motel Fund 05/10/25 Accrual Basis Profit & Loss Budget Performance October 2024 through April 2025 Oct' '24 Apr 25 Annual Budget $Over Budget % of Budget Ordinary Income/Expense Income 4000 . HOT FUND REVENUE 4100 County Hotel Occupancy Tax 0.00 4,000.00 -4,000.00 0.0% 4200 - Occupancy Tax 115,423.94 260,000.00 -144,576.06 44.39% 4300 Other Income 2,471.87 1,000.00 1,471.87 247.19% Total 4000 HOT FUND REVENUE 117,895.81 265,000.00 -147,104.19 44,49% Total Income 117,895.81 265,000.00 -147,104.19 44.49% Expense 5000 . HOT FUND EXPENDITURES 5001 Personnel Services 5002 Salary- Marketing Specialist 39,851.26 71,400.00 -31,548.74 55.81% 5003 Wages- Visitors Ctr Coordinator 7,638.75 15,912.00 -8,273.25 48.01% 5006 . Payroll Tax 3,854.13 6,913.00 -3,058.87 55.75% 5007 TMRS Contribution 4,720.14 8,632.00 3,911.86 54.68% 5008 Health Care 7,460.68 11,400.00 -3,939.32 65.45% Total 5001 . Personnel Services 63,524.96 114,257.00 -50,732.04 55.6% 5050 Other Charges & Services 5051 Lease- Visitors Center 10,619.00 18,204.00 -7,585.00 58.33% 5052 Marketing 20,795.85 100,000.00 -79,204.15 20.8% 5053 Office Supplies 187.56 2,000.00 -1,812,44 9.38% 5055 Printing 0.00 3,500.00 -3,500.00 0,0% 5056 Postage 0.00 1,500.00 -1,500.00 0.0% 5057 Dues & Subscriptions 1,556.00 5,000.00 -3,444.00 31.12% 5058 Travel & Training 899.00 3,000.00 -2,101.00 29.97% 5060 Special Projects 350.00 0.00 350.00 100.0% 5061 . Community Grant Program 10,000.00 20,000.00 -10,000.00 50.0% 5062 SMCP Programming 10,000.00 10,000.00 0.00 100.0% Total 5050 Other Charges & Services 54,407.41 163,204.00 -108,796.59 33.34% 5100 Capital Outlay 5110 Capital Outlay- Equipment 3,979.17 4,000.00 -20.83 99.48% Total 5100 Capital Outlay 3,979.17 4,000.00 -20,83 99,48% Total 5000 HOT FUND EXPENDITURES 121,911.54 281,461.00 -159,549. 46 43.31% Total Expense 121,911.54 281,461.00 -159,549. 46 43.31% Net Ordinary Income -4,015.73 -16,461.00 12,445.27 24.4% Other Income/Expense Other Income 98000 Transfer from HOT Fund Balance 0.00 16,461.00 -16,461.00 0.0% Total Other Income 0.00 16,461.00 -16,461.00 0.0% Net Other Income 0.00 16,461.00 -16,461.00 0.0% Net income -4,015.73 0.00 4,015.73 100.0% Page 1 of 1 3:48 PM Village of Salado, Hotel-Motel Fund 05/10/25 Accrual Basis Check Listing As of April 30, 2025 Date Num Name Memo Amount 04/10/2025 2000 Visit' Widget LLC Website Hosting & Support 409.00 04/17/2025 2001 Media 2 Social Website Build 800.00 04/24/2025 2002 Salado Chamber of Commerce Tourism Lease at' Visitor's Center 1,517.00 2,726.00 2,726.00 Page 1 of 1 4:05 PM Village of Salado- Wastewater System Revenue 05/10/25 Balance Sheet Accrual Basis As of April 30, 2025 Apr 30,25 ASSETS Current Assets Checking/Savings Horizon Accout x353 102,153.86 Total Checking/Savings 102,153.86 Accounts Receivable 19,715.77 Other Current Assets Accounts Receivable- Sewer Conn 14,929.00 Allowance for Doubtful Accounts -6,005.11 Total Other Current Assets 8,923.89 Total Current Assets 130,793.52 TOTAL ASSETS 130,793.52 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 37,937.18 Other Current Liabilities Due to Deposits Fund 4,000.00 Accrued Interest 10,957.00 Due to General Fund 182,643.18 Total Other Current Liabilities 197,600.18 Total Current Liabilities 235,537.36 Total Liabilities 235,537.36 Equity Retained Earnings -128,916.03 Net Income 24,172.19 Total Equity -104,743.84 TOTAL LIABILITIES & EQUITY 130,793.52 Page 1 4:02 PM Village of Salado- Wastewater System Revenue 05/10/25 Accrual Basis Profit & Loss Budget Performance October 2024 through April 2025 Oct '24 Apr 25 Annual Budget $OverE Budget % of Budget Ordinary Income/Expense Income Monthly Service Fees 239,011.51 275,000.00 35,988.49 86.91% Interest Income 506.50 300.00 206.50 168.83% Miscellaneous Income 13,117.59 0.00 13,117.59 100.0% Total Income 252,635.60 275,300.00 22,664.40 91.77% Expense Misc 3,690.00 1,500.00 2,190.00 246.0% Maintenance Contractor 125,070.28 185,100.00 -60,029.72 67.57% Professional Fees- Engineering 580.50 5,000.00 -4,419.50 11.61% Repairs 33,168.31 25,000.00 8,168.31 132.67% Supplies 0.00 25,000.00 -25,000.00 0.0% TCEQ Fees 1,250.00 1,250.00 0.00 100.0% Utilities Utilities- Electric 56,409.34 95,000.00 38,590.66 59.38% Utilities- Water 8,294.98 4,000.00 4,294.98 207.38% Total Utilities 64,704.32 99,000.00 -34,295.68 65.36% Total Expense 228,463.41 341,850.00 -113,386.59 66.83% Net Ordinary Income 24,172,19 -66,550.00 90,722.19 -36.32% Other Income/Expense Other Income Transfer In 0.00 66,550.00 -66,550.00 0.0% Total Other Income 0.00 66,550.00 66,550.00 0,0% Net Other Income 0.00 66,550.00 66,550.00 0.0% Net Inçome 24,172.19 0.00 24,172.19 100.0% Page 1 of 1 4:05 PM Village of Salado- Wastewater System Revenue 05/10/25 Accrual Basis Check Listing As of April 30, 2025 Date Num Name Memo Amount 04/02/2025 Draft Cirro- USR Electriçal Cirro Electric- Waste Water 1414 Royal St. Lift Station 67.77 04/03/2025 100383 Frontier Utilities Electric Service at 401 S: Stagecoach Road Well 96.01 04/17/2025 100384 Mission Communications, LLC Renewal-: SCADA System Monitoring 734.40 04/24/2025 100385 J-R Testing & Repair Backflow Device Tests (5) at $60/ea 300.00 04/28/2025 Draft Cirro- USR Electrical Cirro Electric- Waste Water Facilities Accounts 7,252.90 8,451.08 8,451.08 Page 1 of 1 4:13 PM Village of Salado- 500 Wastewater Customer Deposits 05/10/25 Balance Sheet Accrual Basis As of April 30, 2025 Apr 30, 25 ASSETS Current Assets Checking/Savings Horizon x317 23,830.06 Total Checking/Savings 23,830.06 Total Current Assets 23,830.06 TOTAL ASSETS 23,830.06 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities Due to WW Rev Fund -4,000.00 Wastewater Customer Deposits 27,660.00 Total Other Current Liabilities 23,660.00 Total Current Liabilities 23,660.00 Total Liabilities 23,660.00 Equity Retained Earnings 54.86 Net Income 115.20 Total Equity 170.06 TOTAL LIABILITIES & EQUITY 23,830.06 Page 1 4:12 PM Village of Salado- 500 Wastewater Customer Deposits 05/10/25 Profit & Loss Accrual Basis October 2024 through April 2025 Oct '24 - Apr 25 Ordinary Income/Expense Income Interest Income 115.20 Total Income 115.20 Net Ordinary Income 115.20 Net Income 115.20 Page 1 4:13 PM Village of Salado- 500 Wastewater Customer Deposits 05/10/25 Accrual Basis Check Listing As of April 30, 2025 Date Num Name Memo Amount 04/10/2025 100009 Carolyn Pittenger Refund Deposit Paid 6/25/21 CK#5663 100.00 100.00 100.00 Page 1 of 1 4:18 PM Village of Salado - 700 WW Permanent Improvement Bonds 05/10/25 Balance Sheet Accrual Basis As of April 30, 2025 Apr 30, 25 ASSETS Current. Assets Checking/Savings 1004 Impact Fees Horizon x8444 262,992.29 Total Checking/Savings 262,992.29 Other Current Assets 2206 . Due from GF 71,715.84 Total Other Current Assets 71,715.84 Total Current Assets 334,708.13 Fixed Assets 1520 * Equipment 5,857.10 1530 - Wastewater Treatment Facility 12,285,515.93 1531 Accum Depr- Depreciation WWTP 2,001,686.58 Total Fixed Assets 10,289,686.45 TOTAL ASSETS 10,624,394.58 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 2900 . Restricted Impact Fees 93,211.09 Total Other Current Liabilities 93,211.09 Total Current Liabilities 93,211.09 Long Term Liabilities 2502 . '22 Refunding Bonds 6,350,000.00 2503 . Current Portion of Bonds 570,000.00 Total Long Term Liabilities 6,920,000.00 Total Liabilities 7,013,211.09 Equity 3110 . Investments in Fixed Assets 3,369,686.00 32000 Unrestricted Net Assets 5,163.49 Net Income 236,334.00 Total Equity 3,611,183.49 TOTAL LIABILITIES & EQUITY 10,624,394.58 Page 1 4:17 PM Village of Salado - 700 WW Permanent Improvement Bonds 05/10/25 Profit & Loss Accrual Basis October 2024 through April 2025 Oct '24 Apr 25 Ordinary Income/Expense Income 4400 . Impact Fee Revenue 245,613.48 4100 . Interest Income 1,024.52 Total Income 246,638.00 Expense 6100 - Return of Impact Fees 10,304.00 Total Expense 10,304.00 Net Ordinary Income 236,334.00 Net Income 236,334.00 Page 1 4:19 PM Village of Salado - 700 WW Permanent Improvement Bonds 05/10/25 Accrual Basis Check Listing As of April 30, 2025 Date Num Name Memo Amount (No checks drawn this period) 0.00 0.00 Page 1 of 1 4:27 PM Village of Salado - 300 Interest and Sinking Fund 05/10/25 Balance Sheet Accrual Basis As of April 30, 2025 Apr 30, 25 ASSETS Current Assets Checking/Savings 1001 . Horizon XXXX7846 795,677.22 Total Checking/Savings 795,677.22 Other Current Assets 1200 * Due To/From General Fund 11,620.90 1215 * Property Tax Receivable 18,259.90 Total Other Current Assets 29,880.80 Total Current Assets 825,558.02 TOTAL ASSETS 825,558.02 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 2704 Deferred Revenue- Ad Valorem 16,429.96 Total Other Current Liabilities 16,429.96 Total Current Liabilities 16,429.96 Total Liabilities 16,429.96 Equity 32000 Unrestricted Net Assets 152,448.35 Net Income 656,679.71 Total Equity 809,128.06 TOTAL LIABILITIES & EQUITY 825,558.02 Page 1 4:24 PM Village of Salado - 300 Interest and Sinking Fund 05/10/25 Accrual Basis Profit & Loss Budget Performance October 2024 through April 2025 Oct '24 Apr 25 Annual Budget $Over Budget % of Budget Ordinary Income/Expense Income 4000 . Property Tax Revenue 707,059.61 701,480.00 5,579.61 100.8% 4100 Interest Inçome 15,360.10 2,500.00 12,860.10 614.4% Total Income 722,419.71 703,980.00 18,439.71 102.62% Expense 6111 2022 Bond Principal 0.00 570,000.00 -570,000.00 0.0% 6112 * 2022 Bond Interest 65,740.00 131,480.00 -65,740.00 50.0% Total Expense 65,740.00 701,480.00 -635,740.00 9.37% Net Ordinary Income 656,679.71 2,500.00 654,179.71 26,267.19% Net Income 656,679.71 2,500.00 654,179.71 26,267.19% Page 1 of 1 4:26 PM Village of Salado - 300 Interest and Sinking Fund 05/10/25 Accrual Basis Check Listing As of April 30, 2025 Date Num Name Memo Amount (No checks drawn this period) 0.00 0.00 Page 1 of 1 Financial Reports Ending May 31, 2025 A 8 la 1:58 PM Village of Salado-General Fund 06/14/25 Balance Sheet Accrual Basis As of May 31, 2025 May 31, 25 ASSETS Current Assets Checking/Savings 1002 Horizon GF Operating xXx8101 739,558.76 1003 * Horizon Payroll xxx9962 250,207.67 1004 * Horizon Forfeiture xxx3514 6,587.40 1006 * Horizonx1297 Deposits 91,064.66 1008 - Horizon General Fund xx9230 551,523.43 1009 . PNC XX-0938 10,000.00 1099 * Petty Cash 100.00 Total Checking/Savings 1,649,041.92 Other Current Assets 1100 - Investments 1120 TexPooi 5,019.49 Total 1100 Investments 5,019.49 1200 . Other receivables 1213 . Credit Card Payments Receivable 2,174.27 1215 Property Tax Receivable 15,091.23 1217 Franchise Fee Reçeivable 57,319.22 1218 Sales Tax Receivable 149,685.53 1219 Mixed Beverage Receivable 8,201.34 Total 1200 Other receivables 232,471.59 1205 Due To/From Other Funds 1224 Due From WW Operations 172,101.75 1211 Due From WW Disbursement 100.00 1206 Due From Fund 200 Hotel/Motel 6,111.47 Total 1205 Due To/From Other Funds 178,313.22 Total Other Current Assets 415,804.30 Total Current Assets 2,064,846.22 Fixed Assets 1750 Contruction In Progress 703,210.15 1700 Land 45,576.83 1705 Building 384,593.71 1730 Machinery & Equipment 1,403,475.90 1740 Infrastructure 7,038,520.73 1799 Accumulated Depreciation 1,215,096.55 Total Fixed Assets 8,360,280.77 Other Assets 1800 Construction in Progress 239,571.84 Total Other Assets 239,571.84 TOTAL ASSETS 10,664,698.83 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 24,214.60 Other Current Liabilities 2050 . Accrued Wages 17,332.84 2100 * Payroll Liabilities 13,854.03 2300 . Unearned ARPA Grant Revenue 0.00 2301 . Development Escrows 945,625.08 2302 . Project Escrows 72,047.56 2700 Deferred Revenue Page 1 1:58 PM Village of Salado-General Fund 06/14/25 Balance Sheet Accrual Basis As of May 31, 2025 May 31, 25 2704 Deferred Revenue Ad' Valorem 13,578.85 Total 2700 Deferred Revenue 13,578.85 2899 . Reserved-LTPDF TruancyPrevFund 4,221.94 2900 . Reserved- Security Fee 5,761.84 2864 * Reserved- Opioid Abatement 2,160.11 2865 Reserved- Park Improvements 16,840.00 Total Other Current Liabilities 1,091,422.25 Total Current Liabilities 1,115,636.85 Total Liabilities 1,115,636.85 Equity 3110 Investments in Fixed Assets 8,599,852.61 32000 Retained Earnings 60,106.38 Net Income 889,102.99 Total Equity 9,549,061.98 TOTAL LIABILITIES & EQUITY 10,664,698.83 Page 2 1:52 PM Village of Salado-General Fund 06/14/25 Accrual Basis Profit & Loss Budget Performance October 2024 through May 2025 Oct' '24 May 25 Annual Budget $ Over Budget % of Budget Ordinary Income/Expense Income 4000 GENERAL FUND REVENUE 4100 Tax Revenue 4115 Property Taxes 1,224,668.15 1,150,000.00 74,668.15 106.49% 4120 Sales Tax Earned 650,684.79 860,000.00 -209,315.21 75.66% 4130 Mixed Beverages 38,944.68 41,000.00 -2,055.32 94.99% Total 4100 Tax Revenue 1,914,297.62 2,051,000.00 -136,702.38 93.34% 4150 Franchise Fees 4160 Electric Franchise 123,478.29 124,000.00 -521.71 99.58% 4165 Telephone Franchise 7,154.31 11,000.00 -3,845.69 65.04% 4170 . Waste Disposal Franchise Fee 35,499.29 20,000.00 15,499.29 177.5% 4175 Cable Franchise 12,055.71 30,000.00 -17,944.29 40.19% 4180 Water Franchise 43,426.63 40,000.00 3,426.63 108.57% Total 4150 Franchise Fees 221,614.23 225,000.00 -3,385.77 98.5% 4200 Liçenses, Permits, and Fees 4210 Sign Permit / Misc 7,650.00 700.00 6,950.00 1,092.86% 4215 Service Fees (Burn) 260,00 300,00 -40,00 86.67% 4216 . Service Fees (Itinerant Vendor) 2,450.00 3,000.00 -550.00 81.67% 4230 - Building Permit Fees 194,953.98 120,000.00 74,953.98 162.46% 4260 Certificate of Occupancy 484.60 5,000.00 -4,515.40 9.69% 4270 Contractor Registration 6,790.00 12,000.00 -5,210.00 56.58% 4280 Other Permit Fees 8,975.00 0.00 8,975.00 100.0% Total 4200 Licenses, Permits, and Fees 221,563.58 141,000.00 80,563.58 157.14% 4300 Service Fees 4310 . SaaMPwavntscpiton 92,819.87 30,000.00 62,819.87 309,4% 4315 . Zoning/Variances 250.00 1,000.00 -750.00 25.0% 4320 Pace Park Rental Fees 4,819.00 2,500.00 2,319.00 192.76% 4330 LEOSE 0.00 1,000.00 -1,000.00 0.0% 4340 Crash Report Fees 174.00 500.00 -326.00 34.8% Total 4300 . Service Fees 98,062.87 35,000.00 63,062.87 280.18% 4700 Investment and other income 4780 Interest Income 9,086.73 4,300.00 4,786.73 211.32% 4790 Other Income 2,856.19 20,000.00 -17,143.81 14.28% Total 4700 Investment. and other income 11,942.92 24,300.00 12,357.08 49.15% 4400 Fines and Forteitures 42,218.40 70,000.00 -27,781.60 60.31% Total 4000 GENERAL FUND REVENUE 2,509,699.62 2,546,300.00 -36,600.38 98.56% Total Income 2,509,699.62 2,546,300.00 -36,600.38 98.56% Expense GENERAL FUND EXPENDITURES 5000 ADMINISTRATION DEPARIMENT 5100 Personnel Services Page 1 of 5 1:52 PM Village of Salado-General Fund 06/14/25 Accrual Basis Profit & Loss Budget Performance October 2024 through May 2025 Oct' '24 May 25 Annual Budget $ Over Budget % of Budget 5101 . Village Administrator Salary 92,307.68 153,000.00 -60,692,32 60.33% 5102 * City Secretary Salary 38,676.53 75,990.00 -37,313.47 50.9% 5104 . Receptionist Salary 24,147.40 31,824.00 -7,676.60 75.88% 5124 - Payroll Tax- Admin 18,193.90 20,420.00 -2,226.10 89.1% 5126 - TMRS Contributions- Admin 16,423.36 27,685.00 11,261.64 59.32% 5127 Health Care- Admin 13,147.39 22,800.00 -9,652.61 57.66% Total 5100 Personnel Services 202,896.26 331,719.00 -128,822.74 61,17% 5200 Services 5201 Meeting Expense 6,210.01 6,000.00 210.01 103.5% 5202 Bell Co Health Srvcs Contracts 5,196.63 6,000.00 -803.37 86.61% 5203 . Printing Expense 0.00 333.00 -333.00 0,0% 5204 . Telephone 2,421.72 3,600.00 -1,178.28 67.27% 5205 . Equipment Leased Rented 2,206.00 4,000.00 1,794,00 55.15% 5206 Interest Exp/Bank Fees 1,444.37 3,700.00 2,255.63 39.04% 5207 BELLCAD 21,337.00 16,000.00 5,337.00 133.36% 5208 - Board of Aldermen Expenses 0.00 1,000.00 -1,000.00 0.0% 5214 * Utilities 5,413.98 6,400.00 -986.02 84.59% 5215 Janitorial 2,121.00 3,800.00 -1,679.00 55.82% Total 5200 Services 46,350.71 50,833.00 -4,482.29 91.18% 5216 . Professional Fees 5216-3 Profess Fees Accounting 50,480.00 76,000.00 -25,520.00 66.42% 5216-4 Profess Fees Inspections 214,748.15 90,000.00 124,748.15 238.61% 5216-5 Profess. Fees Legal 79,078.29 80,000.00 -921.71 98.85% Total 5216 Professional Fees 344,306.44 246,000.00 98,306.44 139.96% 5300 . Other Services & Charges 5301 Election Expenses 5,296.84 4,500.00 796.84 117.71% 5304 Office Supplies 7,765.74 6,000.00 1,765.74 129.43% 5305 Postage 2,408.35 3,000.00 -591.65 80.28% 5306 Building Supplies 225.00 200.00 25.00 112.5% 5307 Building & Equipment R & M 470,00 1,500.00 -1,030.00 31,33% 5309 Website 0.00 3,100.00 -3,100.00 0.0% 5310 - Public Notices 1,094.00 2,500.00 -1,406.00 43.76% 5311 Insurance (TML Property & GL) 57,198.76 63,000.00 -5,801.24 90.79% 5312 Dues and Subscriptions 2,761.88 2,500.00 261.88 110.48% 5313 Training & Travel 6,687.33 500.00 6,187.33 1,337.47% 5319 Technology 20,692.64 28,000.00 -7,307.36 73.9% Total 5300 Other Services & Charges 104,600.54 114,800.00 -10,199.46 91.12% 5400 Capital Outlay 5401 Equipment (IT) 1,814.00 20,000.00 -18,186.00 9.07% Total 5400 Capital Outlay 1,814.00 20,000.00 -18,186.00 9.07% Total 5000 ADMINISTRATION DEPARTMENT 699,967.95 763,352.00 -63,384.05 91.7% 5500 . DEVELOPMENT: SERVICES DEPARTMENT Page 2 of 5 1:52 PM Village of Salado-General Fund 06/14/25 Accrual Basis Profit & Loss Budget Performance October 2024 through May 2025 Oct '24 May 25 Annual Budget $ Over Budget % of Budget 5501 Personnel Services 5502 City Planner Salary 28,846.20 75,000.00 -46,153.80 38.46% 5503 Permit Clerk Salary 27,942.21 45,445.00 -17,502.79 61.49% 5504 * Payroll Tax- Dev Svcs 5,604.53 9,448.00 -3,843.47 59.32% 5505 - TMRS Contributions- Dev Svcs 6,689.85 14,562,00 -7,872.15 45.94% 5507 Health Care- Dev Svcs 13,719.94 22,800.00 -9,080.06 60.18% Total 5501 Personnel Services 82,802.73 167,255.00 -84,452.27 49.51% 5600 Other Services & Charges 1,082.36 500.00 582.36 216.47% 5700 * Professional Fees 5701 . General Engineering 82,294.61 50,000.00 32,294.61 164.59% 5702 . Zoning/Annexation 2,113.50 5,000.00 2,886.50 42.27% 5703 * Engineering- Plat Review 37,302.50 60,000.00 -22,697.50 62.17% Total 5700 Professional Fees 121,710.61 115,000.00 6,710.61 105.84% Total 5500 DEVELOPMENT SERVICES DEPARTMENT 205,595.70 282,755.00 -77,159.30 72.71% 5550 ADMINISTRATIVE SERVICES DEPT 5551 Personnel Services 5552 Director of Admin Services 17,307.72 5553 . Payroll Tax- Admin Services 1,324.06 5554 * TMRS- Admin Services 1,976.52 5555 . Healthçare- Admin Services 3,284,76 Total 5551 Personnel Services 23,893,06 Total 5550 ADMINISTRATIVE SERVICES DEPT 23,893.06 6000 PUBLIC SAFETY DEPARTMENT 6200 Police Department 6201 . Personnel Services 6202 Salary Chief of Police 67,056.50 104,608.00 -37,551.50 64.1% 6203 Salary- Sergeant 46,080.00 67,891,00 21,811.00 67.87% 6204 Salary! / Wages Officers 234,113.19 414,051.00 -179,937.81 56.54% 6205 Officers Overtime 4,939.59 10,000.00 -5,060.41 49.4% 6206 - Longevity & Certif Pay 5,615.30 10,000.00 4,384.70 56.15% 6207 Payroll Tax- PD 27,968.67 47,454.00 -19,485.33 58.94% 6208 Contract Labor- Stroll Security 1,600.00 0.00 1,600.00 100.0% 6210 TMRS Contributions- PD 42,622.98 73,332.00 -30,709.02 58.12% 6211 Health Care- PD 60,452.94 102,600.00 -42,1 147.06 58.92% Total 6201 . Personnel Services 490,449.17 829,936.00 -339,486.83 59.1% 6212 Services 6213 Telephone 6,547.54 9,000.00 -2,452.46 72.75% 6214 Utilities 2,988.19 4,200.00 -1,211.81 71.15% 6215 Janitorial 1,200.00 1,800.00 -600.00 66.67% 6215.1 Technology- PD 8,996.38 37,200.00 -28,203.62 24.18% Total 6212 Services 19,732.11 52,200.00 -32,467.89 37.8% 6216 Other Services & Charges Page 3 of 5 1:52 PM Village of Salado-General Fund 06/14/25 Accrual Basis Profit & Loss Budget Performance October 2024 through May 2025 Oct' '24 May 25 Annual Budget $Over Budget % of Budget 6217 Ammunition 0.00 2,500.00 -2,500.00 0.0% 6218 Crime Prevention Supplies 0.00 3,000.00 -3,000.00 0.0% 6219 Auto Expenses 21,630.40 42,500.00 -20,869.60 50.9% 6220 . Supplies 3,802,46 8,000.00 -4,197.54 47.53% 6221 Equipment Maintenance & Repair 51.88 1,000.00 -948.12 5.19% 6222 Building R & M 0.00 500.00 -500.00 0.0% 6223 Dues & Subscriptions 100.00 500.00 -400.00 20.0% 6224 Animal Control 0.00 1,500.00 -1,500.00 0.0% 6224,1 Travel & Training 977.00 2,500.00 1,523.00 39.08% Total 6216 Other Services & Charges 26,561.74 62,000.00 35,438.26 42.84% 6225 Police Capital Outlay 6226 Capital Outlay- PD' Vehicles 0.00 88,000.00 -88,000.00 0.0% 6227 Capital Outlay- PD Equipment 46,553.75 64,700.00 -18,146.25 71.95% Total 6225 * Pollce Capital Outlay 46,553.75 152,700.00 -106,1 146.25 30.49% Total 6200 Police Department 583,296.77 1,096,836.00 513,539.23 53.18% 6500 Municipal Court 6550 Professional Fees 6551 Judicial Services 6,400.00 9,600.00 -3,200.00 66.67% 6552 Prosecutor 16,002.86 18,900.00 -2,897.14 84.67% Total 6550 . Professional Fees 22,402.86 28,500.00 -6,097.14 78.61% 6570 Other Services & Charges 6571 . Supplies 23.16 250.00 -226.84 9.26% 6573 Dues and Subscriptions 2,904.52 2,800.00 104.52 103.73% 6575 Travel and Training 150.00 1,000.00 -850.00 15.0% Total 6570 Other Services & Charges 3,077.68 4,050.00 -972.32 75.99% Total 6500 Municipal Court 25,480.54 32,550.00 -7,069.46 78.28% Total 6000 PUBLIC SAFETY DEPARTMENT 608,777.31 1,129,386.00 -520,608.69 53.9% 7000 PUBLIC WORKS DEPARTMENT 7001 Personnel Services 7002 Wages- Maintenance Worker 23,301.89 55,342.00 -32,040.11 42.11% 7004 Maintenance Worker- Overtime 523.44 5,000.00 -4,476.56 10.47% 7005 * Payroll Tax- Public Works 2,006.74 4,850.00 -2,843.26 41.38% 7008 TMRS Contributions- Maint 1,651.65 5,065.00 -3,413.35 32.61% 7009 Healthcare- Maintenance 3,963.01 11,400.00 -7.436.99 34.76% Total 7001 Personnel Services 31,446.73 81.657.00 -50,210.27 38.51% 7015 Other Services & Charges 7016 Maint- Uniforms and Boots 658.61 1,500.00 -841.39 43.91% 7017 Telephone 402.80 600.00 -197.20 67.13% Total 7015 Other Services & Charges 1,061.41 2,100.00 -1,038.59 50.54% Total 7000 PUBLIC WORKS DEPARTMENT 32,508.14 83,757.00 -51,248.86 38.81% 8000 PARKS DEPARTMENT 8001 . Services Page 4 of 5 1:52 PM Village of Salado-General Fund 06/14/25 Accrual Basis Profit & Loss Budget Performance October 2024 through May 2025 Oct '24 May 25 Annual Budget $ Over Budget % of Budget 8002 Utilities 1,726.24 6,000.00 4,273.76 28.77% Total 8001 Services 1,726.24 6,000.00 -4,273.76 28.77% 8010 Other Services & Charges 8011 Supplies 2,004.14 5,000.00 -2,995.86 40.08% 8012 Auto Expenses 0.00 7,500.00 -7,500.00 0.0% Total 8010 Other Services & Charges 2,004.14 12,500.00 -10,495.86 16.03% Total 8000 PARKS DEPARTMENT 3,730.38 18,500.00 -14.769.62 20,16% 9000 STREET DEPARTMENT 9001 Other Services & Charges 9002 Contract Serviçes 16,305.77 40,000.00 -23,694.23 40.76% 9003 Signage 238.96 1,000.00 -761.04 23.9% 9004 Auto Expense 1,164.04 1,000.00 164.04 116.4% 9005 * Equipment Repair 348.40 15,000.00 -14,651.60 2.32% 9006 . Street Supplies 8,355.53 50,000.00 41,644.47 16.71% Total 9001 Other Services & Charges 26,412.70 107,000.00 -80,587.30 24.69% 9050 Services 9051 Utilities 17,755.14 25,000.00 -7,244.86 71.02% Total 9050 Services 17,755.14 25,000.00 -7,244.86 71.02% 9500 Capital Outlay 9501 Capital Outlay- Streets 1,956.25 Total 9500 . Capital Outlay 1,956.25 Total 9000 STREET DEPARTMENT 46,124.09 132,000.00 85,875.91 34.94% Total GENERAL FUND EXPENDITURES 1,620,596.63 2,409,750.00 -789,153.37 67.25% 66000.1 . Payroll Expenses- SUTA 0.00 66000 Payroll Expenses 0.00 Total Expense 1,620,596.63 2,409,750.00 -789,153.37 67,25% Net Ordinary income 889.102.99 136,550.00 752,552.99 651.12% Other Income/Expense Other Expense 98000 Transfers Out 98004 Xfer to WW Operations 0.00 66,550.00 -66,550.00 0.0% 98006 Transfer to I&S Fund 0,00 70,000.00 -70,000.00 0.0% Total 98000 Transfers Out 0.00 136,550.00 -136,550.00 0.0% Total Other Expense 0.00 136,550.00 -136,550.00 0.0% Net Other Income 0.00 -136,550.00 136,550.00 0.0% Net Income 889,102.99 0.00 889,102.99 100.0% Page 5 of 5 1:59 PM Village of Salado-General Fund 06/14/25 Accrual Basis Check Listing As of May 31, 2025 Date Num Name Memo Amount 05/01/2025 5497 Alyse Lilie Refund 4/27/25 Canceled Pace Park Reservation 528.00 05/01/2025 5493 FP Mailing Solutions Postage 153.50 05/01/2025 5494 Fuelman Fuel Purchases 2,129.74 05/01/2025 5495 Jani-King of Austin May 2025 Contracted Services 387.00 05/01/2025 5496 Salado Water Supply Corporation Utilities: Water 445.77 05/01/2025 Draft Ciro Energy Utilities: Electric 14.56 05/01/2025 Draft Cirro Energy Utilities: Electric 1,547.67 05/01/2025 Draft Cirro Energy Utilities: Electric 46.11 05/01/2025 Draft Cirro Energy Utilities: Electric 41.48 05/01/2025 Draft Cirro Energy Utilities: Electric 17.76 05/01/2025 Draft Cirro Energy Utilities: Electric 424.58 05/01/2025 Draft Cirro Energy Utilities: Electric 188.85 05/01/2025 Draft Cirro Energy Utilities: Electric 28.29 05/01/2025 Draft Cirro Energy Utilities: Electric 94.84 05/01/2025 draft Cirro Energy Utilities: Electric 34.80 05/04/2025 Draft Card Service Center Credit Card Transactions: 1,309.91 05/05/2025 5504 Jessica Scalisi Refund Pace Park Rental Deposit 100.00 05/05/2025 5505 Stephens, Vonda M Mileage Reimbursement, Round' Trip to Belton 23.80 05/05/2025 5498 Bickerstaff Heath Delgado Acosta LLP Professional Fees: April 2025 17,910.25 05/05/2025 5499 Bureau Veritas Inspection Services 29,514.72 05/05/2025 5500 J-R Testing & Repair Test Backflow Device for Irrigation at 2484 Event Drive 60.00 05/05/2025 5501 Kristi Stegall Professional Fees 3,990.00 05/05/2025 5502 Reinforcing Steel Supply 100 Perma-Patch 60lb Bags 1,991.80 05/05/2025 5503 Tex 28 Apparel LLC DTF PrintingEmbroidery 113.00 05/05/2025 5506 Keith's Ace Hardware R&M Supplies 487.44 05/05/2025 Draft Cirro Energy Utilities: Electric 114,49 05/07/2025 Draft Cadence Bank Credit Card Purchases 1,862.41 05/07/2025 Draft Harland Clarke Office Supplies 75,62 05/08/2025 5507 MRB Group Professional Fees 20,848.85 05/08/2025 5508 Salado Village Voice Newspaper Public Notice 106.00 05/09/2025 5513 Brooke Patton Refund Pace Park Deposit 100.00 05/09/2025 5509 Extraco Technology Monthly IT Support, Cybersecurity Monitoring 2,007.00 05/09/2025 5510 Grande Communications Network LLC Telephone/internet 228.64 05/09/2025 5511 Signs & Banners Signage Outside at City Hall 225.00 05/09/2025 5512 Verizon Wireless Village Cell Phones 882.29 05/12/2025 Draft Cirro Energy Utilities: Electric 67.02 05/12/2025 5516 Zach Hurst Reimbursement: Bottled Water 8.56 05/12/2025 5514 Eagle Disposal Utilities: Waste Disposal 112.50 05/12/2025 5515 MRB Group Professional Fees 19,268.65 05/19/2025 5519 First Baptist Church Refund Pace Park Deposit 100.00 05/19/2025 5520 Amber Severson Refund Pace Park Deposit 100.00 05/19/2025 5518 AnnamLife, LLC Livestream Tech at BOA Meetings 600.00 05/21/2025 Draft Blue Cross and Blue Shield of Texas Employee Health Care Monthly Premiums-, June 25 12,176.64 Page 1 of 2 1:59 PM Village of Salado-General Fund 06/14/25 Accrual Basis Check Listing As of May 31, 2025 05/21/2025 Draft Guardian Employee Dental/Vision Premiums 439.15 05/21/2025 Draft Standard Insurance Company RC Employee Life/AD&D 448.25 05/22/2025 5524 Danney VI MCCort Election Judge: 75 hours at $17/hr 4/22/25-5/3/25 1,275.00 05/22/2025 5525 Evelyn J Fritch Election Clerk: 72.50 hours at $15/hr 4/22/25-5/3/25 1,087.50 05/22/2025 5526 Denise Owens Election Clerk: 76.50 hours at $15/hr 4/22/25-5/3/25 1,147.50 05/22/2025 5527 Christie D. Justice Election Clerk: 45.50 hours at $15/hr 4/22/25-5/3/25 682.50 05/22/2025 5528 Barclay Anne McCort Election Clerk: 6.50 hours at $15/hr 5/3/25 97.50 05/22/2025 5529 Stephens, Vonda M Mileage Reimbursement, 3 Trips to Belton County Clerk 35.70 05/22/2025 5521 Bickerstaff Heath Delgado Acosta LLP Professional Fees 13,841.00 05/22/2025 5522 Clifford Lee Coleman Judicial Services for May 2025 800.00 05/22/2025 5523 Salado Village Voice Newspaper Public Notice: Ordinance 2024-148 92.00 05/23/2025 Draft Card Service Center Credit Card Transactions 1,204,19 05/27/2025 5517 Krystal Menadue Pace Park Deposit and Partial Refund 300.00 05/27/2025 5530 Renaissance Systems, INC Service Call- Grande Modem Issues 190.00 05/27/2025 5531 Xerox Financial Services Copier Lease Payment- June '25 275.75 05/27/2025 5532 Fuelman Fuel Purchases 2,021.26 05/29/2025 5536 Nathaniel Mellifont Refund Pace Park Deposit 100.00 05/29/2025 5533 Bell County Elections Administration 5/3/25 Election Programming and Ballots 1,006.84 05/29/2025 5534 Jani-King of Austin June 2025 Contracted Services 387.00 05/29/2025 5535 Salado Water Supply Corporation Utilities: Water 341.29 05/30/2025 Draft PNC Bank Credit Card Transactions 1,672.60 147,912.57 Page 2 of 2 2:15 PM Village of Salado, Hotel-Motel Fund 06/14/25 Balance Sheet Accrual Basis As of May 31, 2025 May 31, 25 ASSETS Current Assets Checking/Savings 1005 Horizon Operating xXx0314 386,142.05 Total Checking/Savings 386,142.05 Other Current Assets 1200 * AR Taxes 22,625.83 1100 * Investments 1120 . TexPool 6,013.24 Total 1100 Investments 6,013.24 1500 Petty Cash 100.00 Total Other Current Assets 28,739.07 Total Current Assets 414,881.12 TOTAL ASSETS 414,881.12 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 33.00 Other Current Liabilities 2050 * Accrued Wages 1,980.68 2347 * Economic Incentive Payme... 16,648.95 2400 * Reserve For Trolley Project 2,555.26 2200 . Due To Other Funds 2201 . Due to GF 6,111,47 Total 2200 Due To Other Funds 6,111.47 Total Other Current Liabilities 27,296.36 Total Current Liabilities 27,329.36 Total Liabilities 27,329.36 Equity 32000 Retained Earnings 378,403.32 Net Income 9,148.44 Total Equity 387,551.76 TOTAL LIABILITIES & EQUITY 414,881.12 Page 1 2:12 PM Village of Salado, Hotel-Motel Fund 06/14/25 Accrual Basis Profit & Loss Budget Performance October 2024 through May 2025 Oct '24 May 25 Annual Budget $Over Budget % of Budget Ordinary Income/Expense Income 4000 HOT FUND REVENUE 4100 . County Hotel Occupancy Tax 0.00 4,000.00 -4,000.00 0.0% 4200 * Occupancy Tax 133,637.42 260,000.00 -126,362,58 51.4% 4300 Other Income 2,796.04 1,000.00 1,796.04 279.6% Total 4000 HOT FUND REVENUE 136,433.46 265,000.00 -128,566.54 51.48% Total Income 136,433.46 265,000.00 -128,566.54 51.48% Expense 5000 HOT FUND EXPENDITURES 5001 Personnel Services 5002 Salary- Marketing Specialist 45,235.88 71,400.00 -26,164.12 63.36% 5003 Wages- Visitors Ctr Coordinator 8,760.00 15,912.00 -7,152.00 55.05% 5006 Payroll Tax 4,351.83 6,913.00 -2,561.17 62.95% 5007 TMRS Contribution 5,335.06 8,632.00 -3,296.94 61.81% 5008 Health Care 8,552.35 11,400.00 -2,847.65 75.02% Total 5001 Personnel Services 72,235.12 114,257.00 -42,021.88 63.22% 5050 Other Charges & Services 5051 Lease- Visitors Center 12,136.00 18,204.00 -6,068.00 66.67% 5052 Marketing 15,501.90 100,000.00 -84,498.10 15.5% 5053 Office Supplies 607.29 2,000.00 -1,392.71 30.37% 5055 - Printing 0.00 3,500.00 -3,500.00 0.0% 5056 Postage 20.54 1,500.00 -1,479.46 1.37% 5057 Dues & Subscriptions 1,556.00 5,000.00 -3,444.00 31.12% 5058 . Travel & Training 899.00 3,000.00 -2,101.00 29.97% 5059 Vehiçle Maintenance 0.00 0.00 0.00 0.0% 5060 Special Projects 350.00 5061 - Community Grant Program 10,000.00 20,000.00 -10,000.00 50.0% 5062 SMCP Programming 10,000.00 10,000.00 0.00 100.0% Total 5050 Other Charges & Services 51,070.73 163,204.00 -112,133.27 31.29% 5100 Capital Outlay 5110 Capital Outlay- Equipment 3,979.17 4,000.00 -20.83 99.48% Total 5100 . Capital Outlay 3,979.17 4,000.00 -20.83 99.48% Total 5000 HOT FUND EXPENDITURES 127,285.02 281,461.00 -154.175.98 45.22% Total Expense 127,285.02 281,461.00 -154,175.98 45.22% Net Ordinary Income 9,148.44 -16,461.00 25,609.44 -55.58% Other Income/Expense Other Income 98000 Transfer from HOT Fund Balance 0.00 16,461.00 -16,461.00 0.0% Total Other Income 0.00 16,461.00 -16,461.00 0.0% Net Other Income 0.00 16,461.00 -16,461.00 0.0% Net Income 9,148.44 0.00 9,148.44 100.0% Page 1 of 1 2:15 PM Village of Salado, Hotel-Motel Fund 06/14/25 Accrual Basis Check Listing As of May 31, 2025 Date Num Name Memo Amount 05/08/2025 2003 BMI Music License 446.00 05/09/2025 2004 Visit Widget LLC Website Hosting & Support 409.00 05/15/2025 2005 AJR Media Group TourTexas.com Destination Content Plan- Renewal 4,476.00 05/22/2025 2006 Salado Chamber of Commerce Tourism Lease at Visitor's Center 1,517.00 6,848.00 6,848.00 Page 1 of 1 2:26 PM Village of Salado- Wastewater System Revenue 06/14/25 Balance Sheet Accrual Basis As of May 31, 2025 May 31, 25 ASSETS Current Assets Checking/Savings Horizon Accout x353 63,958.66 Total Checking/Savings 63,958.66 Accounts Receivable 19,013.94 Other Current Assets Accounts Receivable- Sewer Conn 14,929.00 Allowance for Doubtful Accounts -6,005.11 Total Other Current Assets 8,923.89 Total Current Assets 91,896.49 TOTAL. ASSETS 91,896.49 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 3,706.74 Other Current Liabilities Due to Deposits Fund 1,600.00 Accrued Interest 10,957.00 Due to General Fund 172,101.75 Total Other Current Liabilities 184,658.75 Total Current Liabilities 188,365.49 Total Liabilities 188,365.49 Equity Retained Earnings -128,916.03 Net Income 32,447.03 Total Equity -96,469.00 TOTAL LIABILITIES & EQUITY 91,896.49 Page 1 2:23 PM Village of Salado- Wastewater System Revenue 06/14/25 Accrual Basis Profit & Loss Budget Performance October 2024 through May 2025 Oct '24 May 25 Annual Budget $ Over Budget % of Budget Ordinary Income/Expense Income Monthly Service Fees 275,950.48 275,000.00 950.48 100.35% Interest Income 578.26 300.00 278.26 192.75% Miscellaneous Income 14,246.07 0.00 14,246.07 100.0% Total Income 290,774.81 275,300.00 15,474.81 105.62% Expense Misc 3,700.00 1,500.00 2,200.00 246.67% Maintenance Contractor 141,340.20 185,100.00 -43,759.80 76.36% Professional Fees- Engineering 624.50 5,000.00 4,375.50 12.49% Repairs 36,756.88 25,000.00 11,756.88 147.03% Sludge Disposal 8,280.38 0.00 8,280.38 100.0% Supplies 0.00 25,000.00 -25,000.00 0.0% TCEQ Fees 1,250.00 1,250.00 0.00 100.0% Utilities Utilities- Electric 57,877.05 95,000.00 -37,122.95 60.92% Utilities- Water 8,498.77 4,000.00 4,498.77 212.47% Total Utilities 66,375.82 99,000.00 -32,624.18 67.05% Total Expense 258,327.78 341,850.00 -83,522.22 75.57% Net Ordinary Income 32,447.03 -66,550.00 98,997.03 -48.76% Other Income/Expense Other Income Transfer In 0.00 66,550.00 -66,550.00 0.0% Total Other Income 0.00 66,550.00 -66,550.00 0.0% Net Other Income 0.00 66,550.00 -66,550.00 0.0% Net Income 32,447.03 0.00 32,447.03 100.0% Page 1 of 1 2:27 PM Village of Salado- Wastewater System Revenue 06/14/25 Accrual Basis Check Listing As of May 31, 2025 Date Num Name Memo Amount 05/01/2025 100386 Salado' Water Supply Corporation Utilities: Water 203.83 05/01/2025 Draft Cirro- USR Electrical Cirro Electric- Waste Water 1414 Royal St. Lift Station 78.52 05/05/2025 100387 Jacobs Engineering Group, Inc. Contracted Services and Repairs 37,621.02 05/09/2025 100388 Frontier Utilities Electric Service at 401 S Stagecoach Road' Well 112.33 05/19/2025 100389 Jacobs Engineering Group, Inc. Contracted Services- June 2025 16,269.92 05/27/2025 100390 Jacobs Engineering Group, Inc. Operations: Disposal of Biosolids 8,280.38 05/27/2025 Draft Cirro- USR Electrical Cirro Electric- Waste Water Façilities Accounts 1,271.02 05/29/2025 100391 Salado Water Supply Corporation Utilities: Water 203.79 64,040.81 Page 1 of 1 2:36 PM Village of Salado- 500 Wastewater Customer Deposits 06/14/25 Balance Sheet Accrual Basis As of May 31, 2025 May 31, 25 ASSETS Current Assets Checking/Savings 28,152,24 Total Current Assets 28,152.24 TOTAL ASSETS 28,152.24 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities Due to WW Rev Fund -1,600.00 Wastewater Customer Deposits 29,560.00 Total Other Current Liabilities 27,960.00 Total Current Liabilities 27,960.00 Total Liabilities 27,960.00 Equity Retained Earnings 54.86 Net Income 137.38 Total Equity 192.24 TOTAL LIABILITIES & EQUITY 28,152.24 Page 1 2:36 PM Village of Salado- 500 Wastewater Customer Deposits 06/14/25 Profit & Loss Accrual Basis October 2024 through May 2025 Oct 24 May 25 Ordinary Income/Expense Income Interest Income 137.38 Total Income 137.38 Net Ordinary Income 137.38 Net Income 137.38 Page 1 2:37 PM Village of Salado- 500 Wastewater Customer Deposits 06/14/25 Accrual Basis Check Listing As of May 31, 2025 Date Num Name Memo Amount (No checks drawn this period) 0.00 0.00 Page 1 of 1 2:42 PM Village of Salado - 700 WW Permanent Improvement Bonds 06/14/25 Balance Sheet Accrual Basis As of May 31, 2025 May 31, 25 ASSETS Current Assets Checking/Savings 1002 . Horizon Bond Disbursement x86... 100.05 1004 * Impact Fees Horizon x8444 340,043.16 Total Checking/Savings 340,143.21 Other Current Assets 2206 . Due from GF -100.00 Total Other Current Assets -100.00 Total Current Assets 340,043.21 Fixed Assets 1520 - Equipment 5,857.10 1530 * Wastewater Treatment Facility 12,285,515.93 1531 . Accum Depr- Depreciation WWTP -2,001,686.58 Total Fixed Assets 10,289,686.45 TOTAL ASSETS 10,629,729.66 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 2900 Restricted Impact Fees 93,211.09 Total Other Current Liabilities 93,211.09 Total Current Liabilities 93,211.09 Long Term Liabilities 2502 '22 Refunding Bonds 6,350,000.00 2503 Current Portion of Bonds 570,000.00 Total Long Term Liabilities 6,920,000.00 Total Liabilities 7,013,211.09 Equity 3110 Investments in Fixed Assets 3,369,686.00 32000 Unrestricted Net Assets 5,163.49 Net Income 241,669.08 Total Equity 3,616,518.57 TOTAL LIABILITIES & EQUITY 10,629,729.66 Page 1 2:41 PM Village of Salado - 700 WW Permanent Improvement Bonds 06/14/25 Profit & Loss Accrual Basis October 2024 through May 2025 Oct '24 May 25 Ordinary Income/Expense Income 4400 Impact Fee Revenue 297,133.48 4100 - Interest Income 1,269.67 Total Income 298,403.15 Expense 6100 Return of Impact Fees 56,672,00 6168 Other 62.07 Total Expense 56,734.07 Net Ordinary Income 241,669.08 Net Income 241,669.08 Page 1 2:43 PM Village of Salado - 700 WW Permanent Improvement Bonds 06/14/25 Accrual Basis Check Listing As of May 31, 2025 Date Num Name Memo Amount 05/05/2025 5007 Sanctuary Development Company QTR 3/31/25 Impact Fees Refund 46,368.00 05/12/2025 Intuit Checks Check stock 62.07 46,430.07 Page 1 of1 1 2:52 PM Village of Salado - 300 Interest and Sinking Fund 06/14/25 Balance Sheet Accrual Basis As of May 31, 2025 May 31, 25 ASSETS Current Assets Checking/Savings 1001 : Horizon xXXX7846 862,133.87 Total Checking/Savings 862,133.87 Other Current Assets 1215 Property Tax Receivable 18,259.90 Total Other Current Assets 18,259.90 Total Current Assets 880,393.77 TOTAL ASSETS 880,393.77 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 2704 * Deferred Revenue-, Ad Valorem 16,429.96 Total Other Current Liabilities 16,429.96 Total Current Liabilities 16,429.96 Total Liabilities 16,429.96 Equity 32000 Unrestricted Net Assets 152,448.35 Net Income 711,515.46 Total Equity 863,963.81 TOTAL LIABILITIES & EQUITY 880,393.77 Page 1 2:50 PM Village of Salado - 300 Interest and Sinking Fund 06/14/25 Accrual Basis Profit & Loss Budget Performance October 2024 through May 2025 Oct' '24 May 25 Annual Budget $ Over Budget % of Budget Ordinary IncomelExpense Income 4000 * Property Tax Revenue 758,953.24 701,480.00 57,473.24 108.19% 4100 Interest Income 18,302.22 2,500.00 15,802.22 732.09% Total Income 777,255.46 703,980.00 73,275.46 110.41% Expense 6111 2022 Bond Principal 0.00 570,000.00 570,000.00 0.0% 6112 2022 Bond Interest 65,740.00 131,480.00 -65,740.00 50.0% Total Expense 65,740.00 701,480.00 635,740.00 9.37% Net Ordinary Income 711,515.46 2,500.00 709,015.46 28,460.62% Net Income 711,515.46 2,500.00 709,015.46 28,460.62% Page 1 of 1 2:53 PM Village of Salado - 300 Interest and Sinking Fund 06/14/25 Accrual Basis Check Listing As of May 31, 2025 Date Num Name Memo Amount (No checks drawn this period) 0.00 0.00 Page 1 of 1 Agenda Item # 5A- 5D Date Submitted: June 30, 2025 Agenda Item: STAFF REPORTS Project/Proposal Summary: 5. STAFF REPORTS (A) PRESENTATION OF POLICE DEPARTMENT MONTHLY REPORT (B) BRIEFING ON POLICE DEPARTMENT FLEET STATUS (C) BRIEFING ON GOVERNMENT LEASE PURCHASE AGREEMENT NO. 3609C ON A POLICE FLEET VEHICLE BEING A 2024 CHEVROLET SILVERADO 1500 4WD (D) PRESENTATION OF THE CONVENTION AND VISITORS BUREAU MONTHLY REPORT Memo FICE To: Manual De La Rosa 9 LADB o From: Chief Allen Fields 0 a CC: Date: 06/10/2025 Re: Monthly Report for May 2025 Calls forservice: Monthly calls for service decreased by 18, from 618 to 600. Overall, the police department responded to an average of 19.3 calls for service per day, down from 20.6 in April 2025. Event Priority Event Count Event Priority 1 32 2 199 2 3 167 33.67 % 4 4 202 Total 600 27.83 % 5.33 % 33.17 % Reports generated: 2 arrests were made during the month of May. One hundred and eight (108) traffic stops were conducted resulting in sixty-five (65) citations being issued (enforcement rate of 60.18%). This is an increase from April's enforcement rate of 51.72%. Sixty-three (63) warnings were also issued. The department completed 12 incident reports and 104 supplemental reports. Many of the supplemental reports were to document the location of evidence in the new NICHE Records Management System. Traffic crashes have decreased from forty-one (41) to thirty-four (34). Officers were not required to appear before the Grand Jury. Notable Calls for Service: Possession of a Controlled Substance (Penalty Group 2-A) less than 2 ounces: Salado PD Officer observed a suspicious vehicle parked adjacent to a closed business in the 100 block of North Main at approximately 2:15am. Upon contact, the officer observed the subject passed out in the vehicle. During a roadside interview, the subject gave verbal consent to have the vehicle searched. A small baggie of a green leafy substance was located. The suspect identified the substance as "Cannabidiol", a synthetic marihuana commonly referred to as SPICE. A field test on the substance was conducted resulting in a presumptive positive for synthetic marihuana. The subject was arrested without incident and transported to the Bell County Jail. The substance was sent to the DPS crime lab for analysis. Driving While Intoxicated: Salado PD Officer was dispatched to a suspicious vehicle on FM2843. Upon contact, the subject was found passed out in the driver's seat of the vehicle. The officer further observed an open container of vodka in the front passenger seat. A roadside interview was conducted and the subject submitted to a series of standardized field sobriety tests. Based on the SFST's, the subject was arrested without incident. A pre-impoundment inventory of the subject's vehicle was conducted revealing a prescription bottle containing 2 hydrocodone tablets. The prescription, 120 tablets total, was filled in May 2025. The subject was transported to the Bell County Jail. Domestic Disturbance: Salado PD Officer was dispatched to a domestic disturbance in the 1800 block of Chisholm Trail. The parties involved voluntarily separated prior to police arrival. Contact was made with both parties, who reported no physical violence occurred. There were no signs of a physical altercation. Response Times: Response times were like those of April, with the exception of Priority 4 calls for service. Most of the Priority 4 calls for service were associated with officer-initiated field activity requiring little to no response time. Event Response Start To Add To Disp To En Rte To Arv To Close Priority Time Add Time Disp Time En Rte Arv Time Time Time 1 226 29 46 24 252 1913 2 270 46 126 38 371 822 3 162 56 113 34 390 1075 4 1 1 3 518 (Response times in seconds.) 2 House Watches / Area Checks: Officers conducted 63 house watches and area checks during May. Police Department News: The Texas Commission on Law Enforcement (TCOLE) conducted an unannounced inspection of personnel, training, and disciplinary files at the Salado Police Department resulting in zero discrepancies being noted. Officer Gatewood has resigned from the Salado Police Department. He has accepted a position with the Bell County District Attorney's Office as a Special Investigator. Officers Blakemore and Manning completed the Intermediate Crime Scene class and Officer Blakemore also completed A.L.E.R.R.T. (Advanced Law Enforcement Rapid Response Training) conducted through Texas State University covering responses to active shooters. Sgt Dunshie completed Glock Armor training through Glock International. Thank you for all you do for the Village of Salado and your Police Department. Respectfully, Allen K. Fields Chief of Police Village of Salado PD 3 Memo Villageo FICE o 9 To: Manuel De La Rosa o From: Chief Allen Fields EST, 861 CC: soe Date: 06/18/2025 Re: Police Fleet Status Unit #6 2011 Ford F-150 P/K Mileage: 155,385 Age: 15 Years Old Tire wear: LF - 4/32, RF = 4/32, LR = 4/32, RR - 4/32 Deficiencies: No Air Conditioner No Heater controls Blower motor assembly need replacement No Radar No In Car Camera System No prisoner transport system Minor Hail Damage Repair Costs: $4,500 Unit #9 2018 Ford F-150 P/K Mileage: 88,227 Age: 7: years old Tire wear: LF - 9/32, RF = 9/32, LR = 9/32, RR - 9/32 Deficiencies: Transmission Cooler line broken Possible Transmission damage Minor hail damage Repair Costs: Possibly as low as $250 if transmission doesn't have to be replaced Unit #10 2020 Chevy Tahoe SUV Mileage: 80,826 Age: 5 years old Tire wear: LF - 8/32, RF - 8/32, LR - 8/32, RR - 8/32 Deficiencies: Extensive hail damage Needs control arm bushings Repair Costs: Approximately $1,000 (good for now) Unit #11 2020 Chevy Tahoe SUV Mileage: 76,212 Age: 5 years old Tire wear: LF - 7/32, RF - 7/32, LR = 7/32, RR = 7/32 Deficiencies: Extensive hail damage Repair Costs: N/A Unit #12 2022 Dodge Durango SUV Mileage: 33,862 Age: 3 years old Tire wear: LF - 9/32, RF - 9/32, LR - 9/32, RR - 9/32 Deficiencies: Starter stalis from time to time Extensive hail damage Repair Costs: N/A Unit #13 2022 Dodge Durango SUV Mileage: 16,152 Age: 3 years old Tire wear: LF - 8/32, RF = 8/32, LR = 8/32, RR - 8/32 Deficiencies: Extensive hail damage Repair costs: N/A Unit #14 2021 Chevy Tahoe SUV Mileage: 47,184 Age: 4 years old Tire wear: LF - 12/32, RF - 12/32, LR - 12/32, RR - 12/32 Deficiencies: No in car police radio No Radar Repair costs: N/A Unit #15 2024 Chevy Silverado P/K Mileage: 5,200 Age: 1 year old Tire wear: LF - 9/32, RF - 9/32, LR = 9/32, RR - 9/32 Deficiencies: No in car police radio No Radar Repair Costs: N/A 2 Docusign Envelope ID: D78772-EBAD4D89-A670527F704 American National Leasing Company GOVERNMENT LEASE PURCHASE AGREEMENT NO, 3609C LESSOR: AMERICANNATIONAL LEASING COMPANY 2732 Midwestern Parkway Wichita Falls, TX 76308 LESSEE: VILLAGE OF SALADO 313 STAGEÇOACH RD. SALADO, TX 76571 254) 947 - 5060 VENDORS: SAMES MOTOR COMPANY DANA SAFETY SUPPY, INC. P.O. BOX 879 4809 KROGER BLVD. LAREDO, TEXAS 78042 GREENSBORO, NC 27407 (956) 482-7507 (800) 845-0405 Model Serial EQUIPMENT INFORMATION Number ltem/Description: Olv Price CK10543 3OCUDAEDGRDA3ZES 2024 Chevrolet Silverado 1500 4WD 1 $53,280.00 Crew Cab 147" Work Truck Dana Safety Supply Emergency Upfit 1 $22,528.12 TOTAL: $75,808.12 LESS DOWN PAYMENT: Document Fees: $150.00 TOTAL CAPITALIZED COST: $75,958.12 a APLR Copyright 2012 American National Leasing Çompany Lessee Ploase Inilal Docusign Envelope ID: 1D7887726BAD4089-99A6708277F7F0S4 GOVERNMENT LEASE PURCHASE AGREEMENT NO. 3609C - VILLAGE OF SALADO Police Dept. 2 SCHEDULE OF LEASE PAYMENTS DURING THE BASE TERM: No. of Years: 3 Base Lease Payment: $28,680.00 No. of Lease Payments: 3 Sales Tax: EXEMPT For Business Use inside: Bell County Property Tax: EXEMPT Total Payment: $28,680.00 Lease End Date: August 19, 2027 [END OF LEASE PURCHASE OPTION) If the Lesses makes all the Lease payments on Schedule A for the entire stated term, Lessee may buy the Equipment for $1.00. TERMS AND CONDITIONS 1.) LEASE: Lessor leeses to Lessee, and Lessee leeses from Lessor the Equipment listed in "Equipment Information" (the "Equlpment"). Said Equipment will be located at the above address of the Lessee and will not be moved to a new location without written permission first given by Lessor. Lessor acknowledges receipt of the Irst Lease payment referred to above from Lessoe. Any amounts received by the Lessor from Lessee, at or prior to the date of this Lease, in exoess of the first Lease payment as shown above, shal be held as security for the performance of the terms of this Lesse. M Lessee is not in default hereunder, or under any other Lease between the partios hereto, said securty shall be applied toward the payment of Lease at the end of the temm of this Lease, or (at Lessor's option) returned to Lessee. 2.) COMPLETE AGREEMENT: This document (referred to as the "Lease" or the "Agreement") constitutes the entire agreement between Lessor and Lessee regarding the Equipment. No verbal representation or statement made by any representative of the Lessor or Lessee shali be binding unless expreasly stated herein. Whenever the word Lessor Is used herein, its shall include both the ariginal Lessor and al assignees ol Lessor. 3.) ACCEPTANCE; DEUNERY: Lessee agrees that it has selected the Equipment, and the Lessor shall not be lable for specific performance or for damages. if any, # for any reason the vendor delays or falls to fu the Equipment order. Lessee shell accept such Equipment delivered in good condition and authorizes Lessor to insert the seral number and any additional descriptive matter In "Equlpment Information" in connection with the Equipment. 4.) MAINTENANCE: Lessee agroes that all maintenance, service, and Equipment warranties, are the sole obligation of the vendor or suppller of the Equipment. Lessor authortzes the Lessee to enforce In Lessee's own name any, warranty, agreement or representation, H any, which may be made regarding the Equipment by the vendor or suppler BUT LESSOR ISELF MAKES NO EXPRESS OR IMPLIED WARRANTIES AS TO THE EQUIPMENT WHATSOEVER. Lessee has selected the Equipment to be fnenced by this Lease and Lessor Is merely providing fnancing for such Equipment. Lessor Is not the vendor of the Equipment, and Lessor makes no warranties in regerd to the Equipment. AL wmntien nos dina the Eovioment incudinght not imited le thes mantias d MERCHANTABLITY, and FIINESS FOR APARIMARPIRPOSE amaxoresaly dncaimed asoc The disclaimers or limitations in this Section 4 do not apply to any waranties made by the vendor or supplier of the Equipment, al of which may be enforced by Lessee. 5.) LEASE PAMMENTS: The total Lease payments for lease of the Equipment are shown on Exhibit A. Lassee promises and agrees to pay al specified Lease payments in advance on or before the date designated for the payments in Exhibit A without demand. Sald Loase payments shall be payable at the office oft Lossor, or to such ather person and/or at such other place as Lessor may from tme toi time designate to Lessee in writing. In the event this Lease l not "bank qualifed under Section 265(bX3) of the Intemal Revenue Code (meaning Lessee or its subordinate enttles issue more than $10,000,000 In lax exempt debt during the same calendar yeart this Lease is funded), orif the interest portion of the Lease payments is not excluded from federal income taxation, the Lease payments shall be recalculated using a "Gross Up Rate" (meaning a new interest rate on the amount funded by Lessor) of N.Y. Prime +4% per annum. 6.) LEASE TERM: This Lease shal! heve a term commencing on the Date of Acceptance by Lessee (shown in the "Lessee's Acoeptancel) until the Lease End Date shown on page 2, unless this Lease is earlier terminated by reasorordltault (Section 12) or non-appropriation (Section 14). - 1. Lessoe Ploaso Intial Amerisan! Mational Lansine Company ("ANLC") 2732 Midwestern Pkwy. Wichita Falls, TX 76308 940-397-2400 FAKX: 940-235-4190 Docusign Envelope ID: 1D786772- BMD-OPMTAETFTeA GOVERNMENT LEASE PURCHASE AGREEMENT NO. 3609C - VILLAGE OF SALADO Police Dept. 3 7.) OWNERSHIP; RETURN; PERSONAL PROPERTY: Subject to all rights granted to or retained by Lessor under this Agreement (Induding Lessee's unconditional obligation to retum possession and tde lo the Equipment to Lessor at the end of the term of this Leaso regardless of the reason for terination) title to the Equipment shall be in the name of the Lessee. Upon the temmination of this Lease for any reason, Lessee wil immediately retum said Equipment and all addilions to the Equipment to Lessor in as good condition as received, normal wear and tesr excepted, or Lessse may purchase the Equipment for the Purchase Option Price then in effect. Any proft or loss from dlaposition of the Equlpment after k is retured to Lessor will be the responsiblity of, and belong to, the Lessor. The Equipment shall always remain and be deemed personal property even though attached to realty. Al replacements, Equipment repairs or acoessories made to or placed in or upon said Equipment shal become a component part thereof; and title thereto shall be immediately vested in Lessee; and shall be included under the terms hereof. AD advances made by Lessor to preserve said Equipment or to pay Insurance premiums for insurence thereon or to discharge and pay any taxes, liens or encumbrances thereon shall be added to the unpeid betance of Lease Payments due hereunder and shall be repayable by Lessee to Lessori immediately together with interest thereon at the rate of twelve (12%) per cent annum until paid. H ownership of the Equipment is evidenced by a certificate of tiue (lor exemple. a motor vehicle). such title shall be endorsed to show Lessor 8s a lienholder. Lessee further covenants to Lessor's fling a UCC-1 Financing Slatement to reflect Lessor's interest in the Equipment. Lessee shall retum the tile, endorsad to Lessor, at the same time Lessee relums the Equipment. Should Lesses fail to relum the title endorsed to Lessor, Lessee hereby designates Lessor as having full legal power and authority (including al limited Irevocable power of attomey) either to apply for a new tide in Lessor's name, or to endorse the cument tite to Lessor's name. 8.) PURCHASE OPTION: M no Event of Default has occurred and le continuing. Lessee shall have the option at any time to purchase al (Dut not less then all) the Equipment at the price stated In Exhib A. plus any applicable sales taxes and fees (al being the *Purchese Option Prioe"). Lessee must give Lessor irrevocable written notice at leest 30 daya before the purchase date that it wil purchase the Equipment unless the purchase is being made at the end of the lerm of this Agreement end the Purchase Option Price ls $1.00. The Purchase Option Price as defined in Exhibit A shall be used for any purchase of the Equipment by the Lessee prior to tho end of tho scheduled term, Upon payment by Lessee of the Purchase Option Price, Lessor shal transfer all of Lessor's rights in the Equipment to Lessee AS-S WHERE-S WITH ALL FAULTS without any representation or weranly whatsoever, and this Agreement shall temminate. 9.) ASSIGNMENT: Lessor may assign this Lease and its assignee may reassign the same, without the consent of Lessee. Al rights of Lessor hereunder shall be succeeded to by. any assignee hereof and sald assignee's tite to this Lease, to the Lease payments or other amounts due hereunder, and In and to the Equipment shall be free from al defenses. setoffs or counterclaims of any kind or character which Lessee may bo entiled to assort against the original Lessor; it boing understood and agreed that any assignee of Lessor does not assume any abligations of the original Lessor herein named. It is further understood and agreed, however, that Lessee may separately claim against the original Lessor as to any matters that Lessee may be entitied to assert against the original Lessor. Neither this Lesse nor any interest herein le essignable or transferable by operation ofl law, or otherwise, by Lessee. 10.) LOSS; DAMAGE; INSURANCE: As between Lessor and Lessee, Lessoe assumes the entire risk of loss from all use and operation af the Equipment and no such loss shall rellave Lessee of its obligations hereunder. Lessee agrees to and does hereby indemnily and hoid Lessor hamless, from and against ell claims. costs, expenses. damages and liabilties. including reasonable attorney lees resulting from or pertaining to the use or operation of the Equipmant during the term of this Agreement, or whilo sald Equipment ls otherwise in possession of the Lessee. Lessee agrees to keep the Equipment insured (.e., property Insurance) to protect all Interests of Lessee and Lessor, at Lessee's expense, against all risks of loss or damage from every cause whalsoever for not less than the unpald balance of the Loase payments due hereunder to maturity or 80% of the then current value of said Equipment, whichever ls higher. Lessee sheil further maintain commercial general labilily Insurance regarding injury, damage or death resulting out oft the operation of the Equipment during the term hereof ar while the Equipment is in the possession ofl Lessee, and including any lability of Lessor for public lability and property damage. Lessor may, but shall not be obligated to, Insure sald Equipment at the expense af Lessee. The proceeds from such insurance policies shall be paid to Lessor as its interests may appear and Lessor shall be named as an addidonal Insured and loss in all sald policies. The proceeds of such Insurance, whether resulting from loss or damage or retum premlum or otherwise, payee shall be appliod toward the replacement or repair oft the said Equipment, or the payment of obligations of Lessee hereunder, at the option ofLessor. Lessee hereby appoints Lessor as Lessee's attomey-in-fact to make daims for, recelve payment of and execute or endorse all documents, checks or drafts for loss or damage or retum premium under anyi insurance policy issued in regard to said Equipment. Lessor and Lessee acknowiodge that Lessor is only financing the Equipment. and Lessor does not hold title to, use, control or maintain the Equipment, all of which shall be done by Lessee during the term hereof. DS operate, Lassee: Please Initial Amedican Nationall Lassing Comasax ("ANLC") 2732 Midwestem Pkwy. Wichita Falls, TX 76308 940-397-2490 FAX: 940-235-4190 Docusign Envelope ID: 107887726BAD4D8999A6-7082777F0S4 GOVERNMENT LEASE PURCHASE AGREEMENT NO. 3609C - VILLAGE OF SALADO Police Dept. 4 11.) USE; TAXES; INSPECTION AND CONDITION: Lessee agrees lo use. operate and maintain said In accordance with all applicable lews; to pay all lcansing or regiatrations foes for sald Equipment and to kesp the Equipment same free of levies, liens and encumbrances; to flle all personal property tax retums (t any are due on the Equipment), to pay al taxes, assessments, fees end penallies which may bel levied or assessed on or in respect to sald Equipment ori its use or anyi interest therein, or upon the Lease payments (provided Lessor shall pay its own income taxes on the Lease paymenta), not limited lo, all federal, stale and local taxes, however designsted, levied or assessed upon the Lessee and Lessor including or either but of them In regard to said Equipment, or upon the usa or operation thereof. Lessee shall permit Lessor to inspect said Equipment at eny time; and to keep it in first class condition and repair at Lessee's expense and house the same in sultable shelter; and not to sell or otherwise dispose of Lessee's interest therein or in any additions or accessories attached thereto during the term ol this Lease. 12.) EVENTS OF DEFAULT: REMEDIES; LATE CHARGES; EXPENSES OF ENFORCEMENT: (a) Evantas a Dofav. In the event Lessee shall dolault in the payment of any Lesse payment due, or any other sums due! hereunder for a pariod of Afteen (16) days or more, or in the event of any default or breach of the terms and conditions of this Loase, or any other lesse between the parties hereto, or # any execution or ather writ or process shall be issued in any action or proceeding. against the Lessee, whereby the said Equipment may be taken or distrained, or if a proceeding in bankruptry. receivership or insolvency shalli be instituted by or against the Lessee or its property, or If the Lessee shall enter into any agreement or compoaition with its creditors, breach eny of the terms of any loan or credit agreement, or default thereunder. or I the condition of the Lessee's affairs shall 60 es to. in the Lessore opinion, impair the Lessor's security or Increase the credit risk involved, then and in that change event Lessee shall retum the Equipment es provided in Section 7 and Section 12/b). # Lossoe lsils to do so, the Lessor shall have the right to retake immediate possession of the Equipment, and for such purpose, the Lessor may enter upon eny premises where sald Equipment may be and may remove the same therefrom with or without notice of its intention to do seme, without being Bable to any sult or action or other proceeding by the Lessee. (b) Remedisa. If this Lease borminates by reason of event of default (Section 12). non-appropriation (Section 14) or otherwise prior to the end af the entire Lease term shown on Exhibit A, and if Lessee has not paid the applicable Purchase Option Price Lessor's remedies shal be the following: () Lessee shall retum the Equipment to Lessor as provided in Section 7. (i) Lessor may retain all Lease payments proviously paid by Lessee, (i) Upon retum of the Equipment full legal title thereto shall be automatically vested in Lessor, and Lessee will deliver titie as provided in Seclion 7. (N) Lessor may, at as aption, sell the Equipment at public or private sale for cash or on credit and become the purchaser at such sale. Any gain or loss on such sale shall accrue and betong to Lessor. may (c) Late Chanes. Whenever any payment is more than ten (10) days late, the Lessee promises to to the Lessor or is assigns, not later than one month thereafter, an amount calculated at the rate of five cents per pay one dollar of each such delayed payment and to make such payments as liquidated damages occasioned by such delay, I allowed by law. (d) Emensa d Entoromment Upon default under any provision of this Lease, the Lessee shall be lable for arrears of lease payments, during any period for which Lessee has made appropriation under Section Further, if Lessee falls to return the Equlpment (and title, W any) to Lessor, Lessee shall be lable for () the expense 14, H any. of retaking possession and the removal of the Equipment, (i) court costs, and (Hi) Lessor's reasonable attomey's fees. 13.) NON-WAIVER: The omission by the Lessor at any time to enforce any default or right reserved to It, or to performance of any of the terms, covenants or provisions hereof by the Lessee at any time designated, shall not be 8 walver require of eny such default or right to which the Lessor ls entted, nor shall it In any way affect the right of the Lessor to enforce such action provisions thereafter. The Lessor may exercise ai remedies simuitaneously, pursuent to the terms hereof, such shall not operate to release the Lessee until the full amount of the Lease Payments due and to become and due any others sums to be paid hereunder have boen paid in cash. and all 14.) SPECIAL PROVISIONS: FISCAL FUNDING: The Lessee warrants that is has funds avallable to pay the Lease payments payable pursuant to this Agreement until the end of Its current approprlation period and warrants that it prsently intends to make payments In each appropriation perlod from now until the end of the officer of the Lessee responsible for preparation of Lessee's annual budget shatl request from Lease term. The funding to be pald to Lessor under this Agreement. # notwithstanding the making In good faith syiesielative df sue quest body In I Lessee Pleasel inillal Amarican Matienat Lanting Comaan ("ANLC") 2732 Midwestem Pkwy. Wichita Falls, TX 76308 940-397-2490 FAX: 940-236-4190 Docusign Envelope ID: 107887726BAD408999A6708277F7F084 GOVERNMENT LEASE PURCHASE AGREEMENT NO. 3609C - VILLAGE OF SALADO Police Dept. 5 accordance with appropriata procedures and with the exercise of reasonable care and diligence, such legialative body over funding authority does not approprlate funds to be pald to Lessor then at the end of the flacal year for which Lessee has made appropriation Lessee shall be released of its obligation to make Lease payments to Lessor due after the end of the pertod for which appropriation was made, provided the Equipment (end any rolated title documents) are returned to Lessor by Lessee and at Lessee's expense, in good condition, normal woar and tear excepted. In addition to return of the Equipment pursuant to the terms of this Agreement, Lessor shall retain all sums pald by Lessoe and for which approprlation was made. To the extent permiited by law, Lessee may not terminate the Lease in order to purchase, rent or lease property performing functions almilar to those performed by the Equlpment, and agrees not to permit functions similer to those performed through the use of the Equipment to be performed by its own employees or by any agency or entity aflilated with or hired by the Lessee. 15.) SEVERABILITY: The provisions of this Loase are severable, and # any one of such provisions are determined to be ilegas or unenforceable. the same shall noti impair the aflectiveness of the remaining provisions hersol. DS wu Lessoe: Floase Initial Amadean Masional Lating Company ("ANLC") 2732 Midwestern Pkwy. Wichita Falls. TX 76308 940-397-2490 FAK: 940-235-4190 Docusign Envelope ID: 1D7887726BAD4D8P9A6708277F7F084 GOVERNMENT LEASE PURCHASE AGREEMENT NO. 3609C - VILLAGE OF SALADO Police Dept. 6 THIS LEASE 18 SUBJECT TO THE TERMS AND CONDITIONS PRINTED ABOVE WHICH ARE MADE A PART MEREOF AND WHICH LESSEE ACKNOWILEDGES THAT m HAS READ. LESSEE REPRESENTS THAT ALL ACTION TO AUTHORIZE THE EXECUTION OF THIS AGREEMENT ON BEHALF OF THE LESSEE BY THE FOLLOWING SIGNATORIES HAS BEEN TAKEN. Date of Acceptithce: August 19, 2024 Lessor: n AL Letising Company By: Bob Elmore President Lessee(s): VILLAGE OF SALADO 313 STAGECOACHRD SALADO, TEXAS 76571 Federal Tax ID :74-2982724 Oocullonedt by Mauul De la fosa Byl SGOA9R : Manuel De Lal Rosa Vilage Administrator LESSEES ACCEPTANCE TO VENDOR (SAMES OTOR CO., DANA SAFETY SUPPLY, INC.) ACCEPTANCE MUST BE SIGNED BY LESSEE AND RETURNED TO US BEFORE YOUR INVOICE CAN BE PROCESSED FOR PAYMENT. We as Lessee agree the above liated Equipment is satisfactory in overy way, accepled by us and we as Lessee have approved payment of the Total Capitelized Cost by Lessor to Vendor. We, 8s Lessee, hereby agree that we have fully inspected the Equipment leased hereunder and acknowledged i to be in good condition to our complete satisfaction. We understend thet you, Bs Lessor, maka no warranties, either expressed or implied. as to the condition of the Equipment, or its fitness for any particular purpose. We understand that this installation is not made on a trial basis. Lessee(s): VILLAGE OF SALADO 313 STAGECOACH RD SALADO, TEXAS 76571 Federal Tax ID :74-2982724 DatpohAaptincs: August 19, 2024 Manul De la Kosa By: Manuel cBTaRasa Del Lal Vilage Administrator 0s MDUr Lessee: Plonsel Inital Amedcen National Lausing Compea ("ANLC") 2732 Midwestern Pkwy. Wichita Falls, TX 76308 940-397-2490 FAX: 940-235-4190 Docusign Envelope ID: 10788772EBAD4D89-989-9A6708277F7F054 Exhibit A Lease payments Payment Date Lease Pavment 08/19/2024 $0.00 08/19/2025 $28,680.00 08/19/2026 $28,680.00 08/19/2027 $28,680.00 os MPW Lossee: Flease Initial Exhibit A Docusign Envelope ID: 1078972-BAD40B999A5-705277F7F054 Exhiblt A Purchase Option Price IFL Lessee has made all the Lease payments shown on Exhibit A for the entire stated lerm af the Lease, Lessee may buy the Equipment freo and clear of all rights of the Lessor for $1.00. Lessee may also buy the Equipment at any time prior to the end of the full stated Lease term by paying to Lessor: (a) The remaining unpaid balance of the principal payments due for the entire stated term of the Lease shown on Exhibit A (the Lease payments have both a principal and interest component like any loan). plus (b) Accrued but unpaid interest on such principal amount as of such purchase date. The Lessor will calculate such payments and furnish them to Lessee as requested. 0s APUR Lessee: Fleese Initlal Exhibit A Memo To: Manuel De La Rosa City Administrator From: Deanna Whitson Visil Date: 06/11/2025 Salado Re: Monthly Report for May 2025 Please find attached the printed copy of the May 2025 Monthly Report for the Village of Salado Tourism Department. Visit Salado Website Metrics: The numbers below are from wyisisaladotewascom website from May 4th to May 31st. Users increased by - 10% Sessions (interactions) - decreased by 30% Page Views (a single visit) increased by 77% Mobile Downloads decreased by 13% Weekly Maintenance: Every Tuesday, we çonnect with our hotels and businesses to keep them informed about upcoming events, ensure we have the necessary resources to support tourism efforts, and provide updates from our website. We also collaborate with local businesses to help them share these events with their guests. Our tourism events remain up to date on both the Visit Salado website and the Tour Texas events calendar. These events are shared across our social media platforms, with our hospitality partners, local businesses, and visitors who stop by the Visitor Center and Museum. Marketing Initiatives: Dino George: The Village of Salado and the Salado Museum and College Park will host Dino George on July 12th. The event was officially approved at the Board of Aldermen meeting on May 15th, and a six-week marketing plan was launched to promote the event regionally. Tourism Friendly Designation: On May 22nd, I met with the Tourism Friendly Board and received approval to proceed with the final steps of the certification process. These steps include conducting an in-depth analysis and completing three training courses, which will be submitted to the Tourism Friendly Board for final review. Once approved, a final interview will be scheduled to complete the official certification. Billboard: A billboard contract was presented and approved at the May 15th aldermen meeting. The billboard will begin running on July 28th. Design work is underway, in collaboration with the billboard company. Trolley Program: The Village of Salado expressed interest in restarting the Salado Trolley. After researching compliance with HOT Tax Code 351 and consulting the village's insurance provider, a policy was put in place. The trolley will operate on Saturdays during the summer and resume during the fall season, based on volunteer availability. All volunteer drivers are required to undergo DMV and background checks. A schedule has been created, and outreach efforts include contacting former volunteers, emailing local businesses, and announcements from both the Chamber of Commerce and the Village of Salado. A partnership with the Salado Historical Society is in progress to offer a monthly historical tour beginning September through December, in alignment with the Historical Cabins' opening schedule. Salado Visitor Bags: 24 Visit Salado bags - Sun City Group this group toured the museum and enjoyed lunch in town. 50 Visit Salado bags - Pi Delta UT Arlington Fraternity Alumni this group celebrated their 46th year of returning to Salado for a full weekend event in 2025. ROI: Atjust $3.00 per bag, these gifts generate goodwill and contribute to the continued return ofthese groups year after year, reinforcing Salado's welcoming reputation. Facebook: Facebook continues to do well: 2 Page overview 1 Create post Last 28 days Views 33,287 Reach à 16,129 Content interactions 521 Follows 74 Respectfully, Deanna Whitson Convention and Visitors Bureau Manager 3 Agenda Item # 6A Date Submitted: June 30, 2025 Agenda Item: DISCUSSION AND POSSIBLE ACTION Project/Proposal Summary: 6. DISCUSSION AND POSSIBLE ACTION (A) DISCUSSION AND POSSIBLE ACTION ON EXTENDING THE TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT NO. 10131 BETWEEN THE VILLAGE OF SALADO AND GOVERNMENT CAPITAL CORPORATION BY ONE ADDITIONAL YEAR AND PAYING THE INTEREST ONLY FOR 2025. TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT THIS TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT No.10131 (hereafter referred to as "Agreement") dated as of April 14, 2023, by and between Government Capital Corporation, a Texas corporation (herein referred to as "Lessor"), and Village of Salado, a political subdivision or agency of the State of Texas (hereinafter referred to as "Lessee"). WITNESSETH: In consideration of the mutual covenants and conditions hereinafter set forth, the parties hereto agree as follows: 1. Term and Payments. Lessor hereby leases to Lessee and Lessee hereby leases from Lessor the property described in Exhibit A hereto (hereinafter, with all replacement parts, substitutions, proceeds, increases, additions, accessions, repairs and accessories incorporated therein or affixed thereto, referred to as the "Property") for the amounts to be paid in the sums (the "Lease Payments") and on the dates (the "Lease Payment Dates") set forth in Exhibit B hereto. Except as specifically provided in Section 2 hereof, the obligation of the Lessee to make the Lease Payments called for in Exhibit B hereto shall be absolute and unconditional in all events and shall not be subject to any set-off, defense, counterclaim or recoupment for any reason. The term of the lease hereunder shall commence upon the dated date of the lease and shall continue until the end of the Lessee's current fiscal period and thereafter for such additional fiscal periods as are necessary to complete the anticipated total lease term as set forth in Exhibit B, unless earlier terminated as provided herein. The interest is calculated on the basis of a 30/360- -day year on the unpaid principal amounts from the Schedule Date of the EXHIBIT B. 2. Non-Appropriation and Right of Termination. The obligations of Lessee to make Lease Payments (called for in Exhibit B) and to make any other payments to Lessor (or to any other person) pursuant to this Agreement are subject to appropriation by the Lessee of funds that are lawfully available to be applied for such purpose. If Lessee fails to make such an appropriation prior to a fiscal period of Lessee for the Lease Payments scheduled in such a fiscal period, this Agreement shall terminate at the end of the last fiscal period immediately preceding the fiscal period for which funds have not been appropriated. The Lessee shall deliver notice to Lessor of such termination at least forty-five (45) days prior to such termination, but failure to give such notice shall not prevent the termination of this Agreement. Upon any such termination of this Agreement, all of Lessee's right, title and interest in and its obligations under this Agreement and to the Property shall terminate effective on the last day of the last fiscal period of Lessee for which such an appropriation was made. 3. Taxes. In addition to the Lease Payments to be made pursuant to Section 1 hereof, Lessee agrees to indemnify and hold Lessor harmless from and against and to pay Lessor, as additional rent, on demand, an amount equal to all licenses, assessments, sales, use, real or personal property, gross receipts or other taxes, levies, imposts, duties or charges, if any, together with any penalties, fines, or interest thereon imposed against or on Lessor, Lessee or the Property by any governmental authority upon or with respect to the Property or the purchase, ownership, rental, possession, operation, retura or sale of, or receipt of payments for, the Property, except any Federal or State income taxes, if any, payable by Lessor. Lessee may contest any such taxes prior to payment provided such contest does not involve any risk of sale, forfeiture or loss of the Property or any interest therein. 4. Lessee's Covenants and Representations. Lessee covenants and represents as follows: (a) Lessee represents, and will provide an opinion of its counsel to the effect that, it has full power and authority to enter into this Agreement which has been duly authorized, executed, and delivered by Lessee and is a valid and binding obligation of Lessee enforceable in accordance with its terms, and all requirements for execution, delivery and performance of this Agreement have been, or will be, complied with in a timely manner; (b) Lessee has budgeted and appropriated for the current fiscal period sufficient funds to make the Lease Payments scheduled to come due in the current fiscal period and all other Payments expected to come due in the current fiscal period; Lessee currently expects to budget and appropriate sufficient funds to pay the Lease Payments coming due hereunder in each future fiscal period, but the decision whether to budget and appropriate funds for any future fiscal period is solely within the discretion of the then- current governing body of Lessee; (c) There are no pending or threatened lawsuits or administrative or other proceedings contesting the authority for, authorization of, performance of, or expenditure of funds pursuant to this Agreement; (d) Information supplied and statements made by Lessee in any financial statement or current budget prior to or contemporaneously with the Agreement are true and correct; (e) Lessee has an immediate need for, and expects to make immediate use of, substantially all the Property, which need is not temporary or expected to diminish in the foreseeable future. (f) No lease, rental agreement, lease-purchase agreement, payment agreement or contract for purchase to which Lessee has been a party at any time during the past ten (10) years has been terminated by Lessee as a result of insufficient funds being appropriated in any Fiscal Year. No event has occurred which would constitute an event of default under any debt, revenue bond or obligation which Lessee has issued during the past ten (10) years. (g) Lessee will pay the Lease Payments due by check, wire transfer, or ACH only. 5. Use and Licenses. Lessee shall pay and discharge all operating expenses and shall cause the Property to be operated by competent persons only. Lessee shall use the Property only for its proper purposes and will not install, use, operate or maintain the Property improperly, carelessly, or in violation of any applicable law, ordinance, rule or regulation of any governmental authority, or in a manner contrary to the nature of the Property or the use contemplated by its manufacturer. Lessee shall keep the property at the location stated on the Certificate of Acceptance executed by Lessee upon delivery of the Property until Lessor, in writing, permits its removal, and the Property shall be used solely in the conduct of the Lessee's operations. Lessee shall obtain, at its expense, all registrations, permits and licenses, if any, required by law for the installation and operation of the Property. Any license plates used on the Property shall be issued in the name of the Lessee. If a certificate of title is issuable with respect to the Property, it shall be delivered to the Lessor showing the interest of the Lessor. GOVERNMENT CAPITAL TEXAS MUNICIPAL LEASE PURCHASE AGREEMENT Page 1 6. Maintenance. Lessor shall not be obligated to make any repairs or replacements. At its own expense, Lessee shali service, repair and maintain the Property in as good condition, repair, appearance and working order as when delivered to Lessee hereunder, ordinary wear and tear from proper use alone excepted, and shall replace any and all parts thereof which may from time to time become worn out, lost, stolen, destroyed, or damaged beyond repair or rendered unfit for intended use, for any reason whatsoever, all of which replacements shall be free and clear of all liens, encumbrances and claims of others and shall become part of the Property and subject to this Agreement. Lessor may, at its option, discharge such costs, expenses and insurance premiums necessary for the repair, maintenance and preservation of the Property, and all sums so expended shall be due from Lessee in addition to rental payments hereunder. 7. Alterations. (a) Lessee may, at its own expense, install or place in or on, or attach or affix to, the Property such equipment or accessories as may be necessary or convenient to use the Property for its intended purposes provided that such equipment or accessories do not impair the value or utility of the Property. All such equipment and accessories shall be removed by Lessee upon termination of this Agreement, provided that any resulting damage shall be repaired at Lessee's expense. Any such equipment or accessories not removed shall become the property of Lessor. (b) Without the written consent of Lessor, Lessee shall not make any other alterations, modifications or improvements to the Property except as required or permitted hereunder. Any other alterations, modifications or improvements to the Property shall immediately become part of the Property, subject to the provisions hereof. Without the prior written consent of Lessor, Lessee shal! not affix or attach any of the Property to any real property. The Property shall remain personal property regardless of whether it becomes affixed or attached to real property or permanently rests upon any real property or any improvement thereon. 8. Liens. Lessee shall not directly or indirectly create, incur, assume or suffer to exist any mortgage, security interest, pledge, lien, charge, encumbrance or claim on or with respect to the Property, title thereto or any interest therein, except the respective rights of Lessor and Lessee hereunder. 9. Damage to or Destruction of Property. Lessee shall bear the entire risk of loss, damage, theft or destruction of the Property from any and every cause whatsoever, and no loss, damage, destruction or other event shall release Lessee from the obligation to pay the full amount of the rental payments or from any other obligation under this Agreement. In the event of damage to any item of the Property, Lessee will immediately place the same in good repair, with the proceeds of any insurance recovery applied to the cost of such repair. If Lessor determines that any item of Property is lost, stolen, destroyed or damaged beyond repair, Lessee, at the option of Lessee, will either (a) replace the same with like property in good repair or (b) on the next Lease Payment Date, pay Lessor (1) all amounts then owed by Lessee to Lessor under this Agreement, including the Lease Payment due on such date, and (Il) an amount equal to the applicable Option to Purchase Value set forth in Exhibit B. 10. Insurance. Lessee shall either be self-insured with regard to the Property or shall purchase and maintain insurance with regard to the Property. Lessee shall indicate on each Certificate of Acceptance executed in relation to this Agreement its election to be self-insured or company insured with regard to the Property listed on that Certificate of Acceptance. Whether Lessee is self- insured or company insured, Lessee shall, for the term of this Agreement, at its own expense, provide comprehensive liability insurance with respect to the Property, insuring against such risks, and such amounts as are customary for lessees of property of a character similar to the Property. In addition, Lessee shall, for the term of this Agreement, at its own expense, provide casualty insurance with respect to the Property, insuring against customary risks, coverage at all times not less than the amount of the unpaid principal portion of the Lease Payments required to be made pursuant to Section 1 as of the last preceding Payment Date specified in Exhibit B on which a Lease Payment was made. If insurance policies are provided with respect to the Property, all insurance policies shall be with insurers authorized to do business in the State where the Property is located and shall name both Lessor and Lessee as insured as their respective interest may appear. Insurance proceeds from casuaity losses shall be payable solely tot the Lessor, subject to the provisions of Section 9. Lessee shall, upon request, deliver to Lessor evidence of the required coverage together with premium receipts, and each insurer shall agree to give Lessor written notice of non-payment of any premium due and ten (10) days notice prior to cancellation or alteration of any such policy. Lessee shall also carry and require any other person or entity working on, in or about the Property to carry workmen's compensation insurance covering employees on, in or about the Property. In the event Lessee fails, for any reason, to comply with the requirements of this Section, Lessee shall indemnify, save harmless and, at Lessee's sole expense, defend Lessor and its agents, employees, officers and directors and the Property against all risk of loss not covered by insurance. 11. Indemnification. Lessee shall indemnify, to the extent permitted by law, and save harmless, Lessor and its agents, employees, officers and directors from and, at Lessee's expense, defend Lessor and its agents, employees, officers and directors against all liability, obligations, losses, damages, penalties, claims, actions, costs and expenses (including but not limited to reasonable attorneys' fees) of whatsoever kind or nature which in any way relate to or arise out of this Agreement or the ownership, rental, possession, operation, condition, sale or return of the Property. All amounts which become due from Lessee under this Section 11 shall be credited with any amounts received by the Lessor from insurance provided by the Lessee and shall be payable by Lessee within thirty (30) days following demand therefor by Lessor and shall survive the termination or expiration of this Agreement. 12. No Warranty. ALL WARRANTIES, PROMISES AND SERVICE AGREEMENTS, IF ANY, RELATING TO THE PROPERTY THAT THE MANUFACTURERS OR THE PARTY WHO SUPPLIED THE PROPERTY TO LESSEE (THE "VENDOR") HAVE MADE TO LESSEE IN CONNECTION WITH OR, AS PART OF THE CONTRACT BY WHICH! LESSEE ACQUIRED THE PROPERTY. ARE HEREBY RETAINED BY LESSEE. Lessee may communicate with Vendor and receive an accurate and complete statement of all such warranties, promises and service agreements, if any. All claims or actions on any warranty so assigned shall be made or prosecuted by Lessee, at its sole expense, upon prior written notice to Lessor. Lessor may, but shall have no obligation whatsoever to participate in such claim or action on such warranty, at Lessor's expense. Any recovery under such a warranty shall be made payable jointly to Lessee and Lessor. Lessee acknowledges that Lessee has selected the Vendor and that Lessee has directed Lessor to acquire the Property from Vendor in connection with this Agreement. Lessee further acknowledges that this Agreement is a "Finance Lease" within the meaning of the Uniform Commercial Code and that Lessee is entitled to the Vendor's warranties and promises described above, if any. LESSOR HAS MADE, AND MAKES, NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AND ASSUMES NO OBLIGATION WITH RESPECT TO THE TITLE, MERCHANTABILITY, CONDITION, QUALITY OR FITNESS OF THE PROPERTY DESCRIBED IN EXHIBIT A FOR ANY PARTICULAR PURPOSE OR THE CONFORMITY OF THE PROPERTY TO ANY SPECIFICATION OR PURCHASE ORDER, OR AS TO THE PROPERTY'S DESIGN, DELIVERY, INSTALLATION OR OPERATION. All such risks shall be borne by Lessee without in any way excusing Lessee from its obligations under this Agreement, and Lessor shall not be liable to Lessee for any damages on account of such risks. TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT Page 2 13. Option to Purchase. Provided Lessee has complied with the terms and conditions of this Agreement, Lessee shall have the option to purchase not less than all of the Property which is then subject to this Agreement, "as is" at the payment date, for the Option to Purchase Values set forth in Exhibit B by giving written notice to Lessor not less than sixty (60) days prior to the date specified in Exhibit B for the exercise of such option; provided that upon Lessee's timely payment of all Lease Payments specified in Exhibit B, Lessee shall be deemed to have properly exercised its option to purchase the Property and shall be deemed to have acquired all of Lessor's right, title and interest in and to the Property, free of any lien, encumbrance or security interest except such liens, encumbrances or security interest as may be created, or permitted and not discharged, by Lessee but without other warranties. Payment of the applicable Option to Purchase Value shall occur on the applicable Lease Payment Date specified in Exhibit B hereto, at which time Lessor shall, unless not required hereunder, deliver to Lessee a quitclaim bill of sale transferring Lessor's interest in the Property to Lessee free from any lien, encumbrance or security interest except such as may be created, or permitted and not discharged, by Lessee but without other warranties. Upon Lessee's actual or constructive payment of the Option to Purchase Value and Lessor's actual or constructive delivery of a quitclaim bill of sale covering the Property, this Agreement shall terminate except as to obligations or liabilities accruing hereunder prior to such termination. 14. Default and Lessor's Remedies. (a) The occurrence of one or more of the following events shall constitute an Event of Default, whether occurring voluntarily or involuntarily, by operation of law or pursuant to any order of any court or governmental agency: (1) Lessee fails to make any payment hereunder when due or within ten (10) days thereafter; (2) Lessee fails to comply with any other covenant, condition or agreement of Lessee hereunder for a period of the ten (10) days after notice thereof; (3) Any representation or warranty made by Lessee hereunder shall be untrue in any material respect as of the date made; (4) Lessee makes, permits or suffers any unauthorized assignment, transfer or other disposition of this Agreement or any interest herein, or any part of the Property or any interest therein; or (5) Lessee becomes insolvent; or admits in writing its inability to pay its debts as they mature; or applies for, consents to or acquiesces in the appointment of a trustee, receiver or custodian for the Lessee or a substantial part of its property; or, in the absence of such application, consent or acquiescence, a trustee, receiver or custodian is appointed for Lessee or a substantial part of its property and is not discharged within sixty (60) days; or any bankruptcy, reorganization, debt arrangement, moratorium, or any proceeding under any bankruptcy or insolvency law, or any dissolution or liquidation proceeding is instituted by or against Lessee and, if instituted against Lessee, is consented to or acquiesced in by Lessee or is not dismissed within sixty (60) days. (b) Upon the occurrence of any Event of Default specified herein, Lessor may, at its sole discretion, exercise any or all of the following remedies: (1) Enforce this Agreement by appropriate action to collect amounts due or to become due hereunder, by acceleration or otherwise, or to cause Lessee to perform its other obligations hereunder in which event Lessee shall be liable for all costs and expenses incurred by Lessor; (2) Take possession of the Property, without demand or notice and without court order or any process of law, and remove and relet the same for Lessee's account, in which event Lessee waives any and all damages resulting therefrom and shall be liable for all costs and expenses incurred by Lessor in connection therewith and the difference, if any, between the amounts to be paid pursuant to Section 1 hereof and the amounts received and to be received by Lessor in connection with any such reletting; (3) Terminate this Agreement and repossess the Property, in which event Lessee shall be liable for any amounts payable hereunder through the date of such termination and all costs and expenses incurred by Lessor in connection therewith; (4) Sell the Property or any portion thereof for Lessor's account at public or private sale, for cash or credit, without demand on notice to Lessee of Lessor's intention to do so, or relet the Property for a term and a rental which may be equal to, greater than or less than the rental and term provided herein, If the proceeds from any such sale or rentai payments received under a new agreement made for the periods prior to the expiration of this Agreement are less than the sum of (i) the costs of such repossession, sale, relocation, storage, reconditioning, reletting and reinstallation (including but not limited to reasonable attorneys' fees), (II) the unpaid principal balance derived from Exhibit B as of the last preceding Lease Payment Date specified in Exhibit B, and (I) any past due amounts hereunder (plus interest on such unpaid principal balance at the rate specified in Section 20 hereof, prorated to the date of such sale), all of which shall be paid to Lessor, Lessor shall retain all such proceeds and Lessee shall remain liable for any deficiency; or (5) Pursue and exercise any other remedy available at law or in equity, in which event Lessee shall be liable for any and all costs and expenses incurred by Lessor in connection therewith. "Costs and expenses", as that term is used in this Section 14, shall mean, to the extent allowed by law: (1) reasonable attorneys' fees if this Agreement is referred for collection to an attorney not a salaried employee of Lessor or the holder of this Agreement; (H) court costs and disbursements including such costs in the event of any action necessary to secure possession of the Property; and (I) actual and reasonable out-of-pocket expenses incurred in connection with any repossession or foreclosure, including costs of storing, reconditioning and reselling the Property, subject to the standards of good faith and commercial reasonableness set by the applicable Uniform Commercial Code. Lessee waives all rights under all exemption laws. (6) Under no circumstances shall Lessee be liable under this subsection 14 (b) for any amount in excess of the sum appropriated pursuant to Section 1 hereof for the previous and current fiscal years, less all amounts previously due and paid during such previous and current fiscal years from amounts so appropriated. 15, Termination. Unless Lessee has properly exercised its option to purchase pursuant to Section 13 hereof, Lessee shall, upon the expiration of the term of this Agreement or any earlier termination hereof pursuant to the terms of this Agreement, deliver the Property to Lessor unencumbered and in at least as good condition and repair as when delivered to Lessee, ordinary wear and tear resulting from proper use alone excepted, by loading the Property, at Lessee's sole expense, on such carrier, or delivering the Property to such location, as Lessor shall provide or designate at or within a reasonable distance from the general location of the Property, If Lessee fails to deliver the Property to Lessor, as provided in this Section 15, on or before the date of termination of this Agreement, Lessee shall pay to Lessor upon demand, for the hold-over period, a portion of the total payment for the appliçable period as set forth in Exhibit B prorated from the date of termination of this Agreement to the date Lessee either redelivers the Property to Lessor or Lessor repossesses the Property. TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT Page 3 16. Assignment. Without Lessor's prior written consent, Lessee will not either (1) assign, transfer, piedge, hypothecate, grant any security interest in or otherwise dispose of this Agreement or the Property or any interest in this Agreement or the Property; or (i) sublet or lend the Property or permit it to be used by anyone other than Lessee or Lessee's employees. Lessor may assign its rights, title and interest in and to this Agreement, the Property and any other documents executed with respect to this Agreement and/or grant or assign a security interest in this Agreement and the Property, in whole or in part. Any such assignees shall have all of the rights of Lessor under this Agreement, but none of Lessor's obligations hereunder. Subject to the foregoing, this Agreement inures to the benefit of and is binding upon the heirs, executors, administrators, successors and assigns of the parties hereto. No assignment or reassignment of any of Lessor's rights, title or interest in this Agreement or the Property shall be effective with regard to Lessee unless and until Lessee shall have received a copy of the document by which the assignment or reassignment is made, disclosing the name and address of such assignee. No further action will be required by Lessor or by Lessee to evidence the assignment. During the term of this Agreement, Lessee shall keep a complete and accurate record of all such assignments in form necessary to comply with the United States Internal Revenue Code of 1986, Section 149 (a), and the reguiations, proposed or existing, from time to time promulgated thereunder. 17. Personal Property. The Property is and shall at all times be and remain persona! property. 18. Title. Upon acceptance of the Property by Lessee hereunder, Lessee shail have title to the Property during the term of this Agreement; however, in the event of (1) an Event of Default hereunder and for sO long as such Event of Default is continuing, or (i) termination of this Agreement pursuant to the provisions of Section 2 hereof, title shall be reverted immediately in and shall revert to Lessor free of any right, title or interest of Lessee unless Lessor elects otherwise. 19. Lessor's Right to Perform for Lessee. If Lessee fails to make any payment or perform or comply with any of its covenants or obligations hereunder, Lessor may, but shall not be required to, make such payment or perform or comply with such covenants and obligations on behalf of Lessee, and the amount of any such payment and the expenses (including but not limited to reasonable attorneys' fees) incurred by Lessor in performing or complying with such covenants and obligations, as the case may be, together with interest thereon at the highest lawfui rate, shall be payable by Lessee upon demand. 20. Interest on Defauit. If Lessee fails to pay any Lease Payment specified in Section 1 hereof within ten (10) days after the due date thereof, Lessee shall pay to Lessor interest on such delinquent payment from the due date until paid at the highest lawful rate. 21. Notices. Any notices to be given or to be: served upon any party hereto in connection with this Agreement must be in writing and may be given by certified or registered mail, and shall be deemed to have been given and received forty-eight (48) hours after a registered or certified letter containing such notice, postage prepaid, is deposited in the United States mail, and if given otherwise shall be deemed to have been given when delivered to and received by the party to whom it is addressed. Such notice shall be given to the parties at their respective addresses designated on the signature page of this Agreement or at such other address as either party may hereafter designate. 22. Security Interest. As security for Lessee's covenants and obligations hereunder, Lessee hereby grants to Lessor, and its successors, a security interest in the Property, all accessions thereto and proceeds therefrom, and, in addition to Lessor's rights hereunder, all of the rights and benefits of a secured party under the Uniform Commercial Code as in effect from time to time hereafter in the State in which the Property is located or any other State which may have jurisdiction over the Property. Lessee agrees to execute, acknowledge and deliver to Lessor in recordable form upon request financing statements or any other instruments with respect to the Property or this Agreement considered necessary or desirable by Lessor to perfect and continue the security interest granted herein in accordance with the laws of the applicable jurisdiction. Lessee hereby authorizes Lessor or its agent or assigns to sign and execute on its behalf any and all necessary UCC-1 forms to perfect the Purchase Money Security interests herein above granted to Lessor. 23. Tax Exemption. Lessee certifies that it does reasonably anticipate that not more than $10,000,000 of "qualified tax-exempt obligations", as that term is defined in Section 265 (b) 3 (D) of the Internal Revenue Code of 1986 ("the Code"), will be issued by it and any subordinate entities during 2023. Further, Lessee designates this issue as comprising a portion of the $10 million in aggregate issues to be designated as "qualified tax exempt obligations" eligible for the exception contained in Section 265 (b) 3 (D) of the Code allowing for an exception to the general rule of the Code which provides for a total disaliowance of a deduction for interest expense allocable to the carrying of tax exempt obligations. 24. Continuing Disclosure. Specifiçally and without limitation, Lessee agrees to provide audited finançial statements, prepared by a certified public accountant when available. If audited statements are not available six (6) months after and as of the end of each fiscal year. Lessee shall provide audited financial statements. Annual financial statements shall include a combined balance sheet as of the end of each such period, and a combined statement of revenues, expenditures and changes in fund balances, from the beginning of the then fiscal year to the end of such period. 25. Miscellaneous. (a) Lessee shall, whenever requested, advise Lessor of the exact location and condition of the Property and shall give the Lessor immediate notice of any attachment or other judicial process affecting the Property, and indemnify and save Lessor harmless from any loss or damage caused thereby. Lessor may, for the purpose of inspection, at all reasonable times enter upon any job, building or place where the Property and the books and records of the Lessee with respect thereto are located. (b) Lessee will take no action that would cause the interest portion of the Lease Payments to become coverage in gross income of the recipient for federal income tax purposes under the Internal Revenue Code of 1986 (the "Code") and Treasury Regulations promulgated thereunder (the Regulations"), and Lessee will take and will cause its officers, employees and agents to take all affirmative actions legally within its power necessary to ensure that the interest portion of the Lease Payments does not become coverage in gross income of the recipient for federal income tax purposes under the Code and Regulations. (c) Lessee agrees to equitably adjust the payments payabie under this Agreement if there is a determination by the IRS that, beçause of the action or omission of the Lessee, that the interest payable pursuant to this Agreement (as incorporated within the schedule of payments) is not excludable from income in accordance with the Internal Revenue Code of 1986, as amended, such as to make Lessor and its assigns whole. (d) Time is of the essence. No covenant or obligations hereunder to be performed by Lessee may be waived except by the written consent of Lessor, and a walver of any such covenant or obligation or a forbearance to invoke any remedy on any occasion shall not constitute or be treated as a waiver of such covenant or obligation as to any other occasion and shall not preclude Lessor from invoking such remedy at any later time prior to Lessee's cure of the condition giving rise to such remedy. Lessor's rights hereunder are cumulative and not alternative. TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT Page 4 (e) This Agreement shall be construed in accordance with, and governed by, the laws of the State in which the Property is located. (f) This Agreement constitutes the entire agreement between the parties and shall not be modified, waived, discharged, terminated, amended, altered or changed in any respect except by a written document signed by both Lessor and Lessee. (9) Any term or provision of this Agreement found to be prohibited by law or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without, to the extent reasonably possible, invalidating the remainder of this Agreement. (h) The Lessor hereunder shall have the right at any time or times, by notice to Lessee, to designate or appoint any person or entity to act as agent or trustee for Lessor for any purposes hereunder. (1) All transportation charges shall be borne by Lessee. Lessee will immediately notify Lessor of any change occurring in ort to the Property, of a change in Lessee's address, or in any fact or circumstance warranted or represented by Lessee to Lessor, or ifa any Event of Default occurs. () Use of the neuter gender herein is for purposes of convenience only and shall be deemed to mean and include the masculine or feminine gender whenever and wherever appropriate. (k) The captions set forth herein are for convenience of reference only and shall not define or limit any of the terms or provisions hereof. (I) Pursuant to Texas Government Code Chapter 2271, as amended, if this Agreement is valued at $100,000 or more and if we have at least ten (10) full time employees, then we, by its execution of this Agreement represent and warrant to the Lessee that GCC does not boycott Israel and will not boycott Israel during the term of this Agreement. (m) Except as otherwise provided herein, this Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, executors, administrators, legal representatives, successors and assigns, where permitted by this Agreement. (n) Pursuant to Texas Government Code Chapters 2274 and 809, if this Agreement is valued at $100,000 or more and if we have at least ten (10) full-time employees, then we represent and warrant to the Lessee that GCC does not boycott energy companies and will not boycott energy companies during the term of this Agreement. (o) Pursuant to Texas Government Code Chapter 2274, if this Agreement is valued at $100,000 or more and if we have at least ten (10) full-time employees, then we represent and warrant to the Lessee that GCC does not discriminate against firearm entities or firearm trade associations and will not discriminate against firearm entities or firearm trade associations during the term of this Agreement. (p) GCC verifies and affirms that it is not a foreign terrorist organization as identified on the list prepared and maintained by the Texas Comptroller of Public Accounts. If we have misrepresented its inclusion on the Comptroller's list such omission or misrepresentation will void this Agreement. Signature page follows) TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT Page 5 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day of Apal in the year 2023. Lessor: Governmept Capital dorpbration Witness Signature: *ms Authorized Signaturg Kelth Miller Buange 345 Miron Dr. Chlef Print Name: Kim Stange Southlake, TX 76092 Administrative Olloer Print Title: Tem Leodhc. Deph. Lessee: lllage-ef Salado - - Witness Signature: Michael Coggin, Mayos 301 N. Stagecoach Print Name: Dow fERCsed Salado, TX 76571 Print Title:. UHage Adewigtane TEXAS MUNICIPAL LEASE- PURCHASE AGREEMENT Page 6 XHIBIT A DESCRIPTION OF PROPERTY TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT No.10131 (THE AGREEMENT") BY AND BETWEEN Lessor, Government Capital Corporation and Lessee, Village of Salado dated as of April 14, 2023 QTY DESCRIPTION Two Dodge Durangos as follows: Two (2) 2022 Dodge Durango Pursuit AWD VIN# 1CA4SD)FT6NCI04017 AND VINFICASD/FTESNCI9230 Exterior Color - PW7 White Knuckle Clear Coat Interior Color - Black 18" Black Steel Wheels 5.7L V8 Hemi MDS VVT GVWR: 7100LBS 8-SPD Auto Blind Spot Detection Black LH Spotlight Pursuit Rated Tires Cloth Bucket Front Seats Deactivate Rear Doors/Window Vehicle Specific 23" Console for 2021-2022 Dodge Durango Pursuit 1-Piece Equipment Mounting Bracket, 4" Mounting Space Self-Adjusting Double Cup Holder Side Mount Armrest Mic Clip Bracket Magnetic Mic Kit PROPERTY LOCATION: Village of Salado Police Department 301 N. Stagecoach Salado, TX 76571 TEXAS MUNICIPAL LEASE PURCHASE AGREEMENT Page 7 EXHIBIT B > > SCHEDULE OF PAYMENTS & OPTION TO PURCHASE PRICE << TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT No. 10131 (THE "AGREEMENT") BY AND BETWEEN Lessor: Government Capital Corporation and Lessee: Village of Salado Schedule dated as of April 14, 2023 PMT PMT DATE TOTAL INTEREST PRINCIPAL OPTION TO PURCHASE NO. MO. DAY YR PAYMENT PAID PAID after pmt on this line 1 4/14/2024 $58,719.05 $8,433.36 $50,285.69 $109,570.81 2 4/14/2025 $58,719.05 $5,766.21 $52,952.84 $56,056.37 3 4/14/2026 $58,719.05 $2,957.58 $55,761.47 $1.00 Grand Totals $176,157.15 $17,157.15 $159,000.00 Interest Rate: 5.304% ***This Schedule is subject to current Market Indexing if closing occurs after the above Date** *** Accepted by Lessee: 2 Michael Coggi,Màyor TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT Page 8 INCUMBENCY, INSURANCE, AND ESSENTIAL USE CERTIFICATES TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT No.10131 (THE "AGREEMENT") BY AND BETWEEN Lessor, Government Capital Corporation and Lessee, Village of Salado dated as of April 14, 2023 I, Cara McPartland, do hereby certify that I am the duly elected or appointed and acting Village Clerk (Keeper of the Records), of Village of Salado, a political subdivision or agency duly organized and existing under the laws of the State of Texas, that I or my designee have custody of the records of such entity, and that, as of the date hereof, the individual(s) named below are the duly elected or appointed officer(s) of such entity holding the office(s) set forth opposite their respective name(s). I further certify that (1) the signature(s) set opposite their respective name(s) and title(s) are their true and authentic signature(s), and (ii) such officers have the authority on behalf of such entity to enter into that certain Texas Municipai Lease-Purchase Agreement dated as of April 7, 2023, between such entity and Government Capital Corporation. Name Title Signature M Michael Coggin Mayor IN WITNESS WHEREOF, I have duly executed this certificate hereto this day of Apcil 2023. By Lessee: Cumegartsm, Vilage Crérk GA saeise Lessee certifies that property and liability insurance, if applicable, have been secured in accordance with the Agreement and such coverage will be maintained in full force for the term of the Agreement. "Lessor or its Assigns" should be designated as loss payee until Lessee is notified, in writing, to substitute a new loss payee. The following information is provided about insurance- (PLEASE FILL IN THE INFORMATION BELOW) INSURANCE COMPANY/AGENT'S NAME: TMLIRP INSURANCE COMPANY ADDRESS: RL Ruthcrlor LonE, ( Boan, Assink 2984 INSURANCE AGENT'S EMAIL ADDRESS: ddavis@ tALIRP.erg PHONE NUMBER: -pgo- $3-LGSS POLICY NUMBER: 1954 I, Michaei Coggin, Mayor, of Village of Salado ("Lessee"), hereby certify that the Equipment, to be leased to the undersigned under the certain Lease Agreement, dated as of April 7, 2023, between such entity and Government Capital Corporation ("Lessor"), will be used by the undersigned Lessee for the following purpose: (PLEASE FILL OUT PRIMARY USE BELOW) PRIMARY USE-- Lal Eséorcensat The undersigned hereby represents that the use of the Property is essential to its proper, efficient and economic operation. 0 IN WITNESS WHEREOF, I have set my hand this 6 day of Apil 2023. By Lesseet Michael Coggin, Mayor For Lessee: Village of Salado TEXAS MUNICIPAL LEASE- PURCHASE AGREEMENT Page 9 DocuSign Envelope D: CE3384A6-91C5-412F-B12F-CCD75BB1CFC3 ESCROW AGREEMENT MUNICIPAL LEASE-PURCHASE AGREEMENT No.10131 (THE "AGREEMENT") BY AND BETWEEN Lessor, Govemment Capital Corporation and Lessee, Village of Salado TAX ID #74-2982724 Dated as of April 14, 2023 THIS ESCROW AGREEMENT (the "Agreement") is made and entered into as of April 7, 2023 ("Agreement Date"), by and among Govemment Capital Corporation ("Lessor"), Village of Salado ("Lessee") and Regent Bank ("Agent"). WITNESSETH: WHEREAS, Lessor and Lessee have entered into a certain Municipal Lease-Purchase Agreement dated as of April 7, 2023 (the "Lease"), pursuant to which the property more particularly described thereln (the "Property") will be leased to the Lessee under the terms stated In the Lease; WHEREAS, Lessor and Lessee desire to make funding arrangements for the acquisition of the Property, and Agent agrees to serve as escrow agent for such funding and acquisltion; NOW THEREFORE, In consideration of the mutual agreements and covenant herein contained: and for other valuable consideration, the partles hereby agree as follows: 1. Agent shall undertake the dutles and obligations of escrow agent as set forth in this Agreement. Agent shall not be deemed to be a party to the Lease, 2. Lessor has dellvered to Agent the sum of $159,000.00 ("Escrow Amount") for deposit by Agent in the Village of Salado Escrow Account (the "Fund"). The Fund will be administered by Agent pursuant to the terms of this Agreement. 3. Deposits In the Fund shall be used to pay for the acqulsition of the Property. The Property may be acquired as Individual items or as groups ofl Items. Agent shall make disbursements from the Fund In payment for the acquisition of each item or group of items of the Property promptly upon receipt of a properly executed Escrow Disbursement Request Form, In the form attached hereto as "Schedule 1", for that portion of the acquisition of the Property for which payment Is requested. Upon full acquisition of an Item or group of Items of the Property, any remaining cost of such Item or group of Items shall be disbursed promptly by the Agent upon recelpt of a properly executed Acceptance Certificate and a corresponding Escrow Disbursement Request Form in the form attached hereto as "Schedule 1, for that portion of the Property for which payment is requested. Payment by Agent shall be to the payee shown on the Escrow Disbursement Request Form. 4. Agent will Invest the Fund, as specified by GCC, in generai obligations of the United States or In obligations fully Insured by the Unlted States or in certificates of deposit of a bank which is elther fully Insured by an agency of the federal govemnment or fully collateralized by such federal or federaily guaranteed obligations, or in no-load money market mutual funds reglstered with and regulated by the Securities and Exchange Commission that includes In their Investment objectives the maintenance of a stable net asset value of $1 for each share, or Money Market Mutual Funds registered under the Investment Act of 1940. Agent will retain in the Fund all eamings from Investment of the Fund until termination of the Fund pursuant to Section 5 hereof. Agent will be entitled to sell or redeem any such investments as necessary to make any distributions required under this Agreement and shall not be liable for any loss resulting from such sale or redemption. Int the absence of written investment direction from the GCC, the Agent shall Invest and reinvest the amounts in the Fund in Money Market Mutual Funds registered under the Investment Act of 1940. 5. Upon execution of one or more Acceptance Certificates by Lessee and payment of acquisition costs by Agent for all the Property (as confirmed In writing by the GCC to the Escrow Agent), this Agreement and the Funds shall terminate, and Agent shall transfer to GCC all remaining sums Int the Fund. Ifr not berminated earlier, this Agreement and the Fund shall terminate on April 14, 2024 ("Termination Date"). In this latter event, Interest accrued pursuant to Investment of the Fund under the terms of Section 4 hereof and ali remalning principal in the Fund shall be transferred by Agent to GCC; Exhlbit "A" attached to the Contract shall thereupon be revised bo delete any non-acquired portions of the Property and to substitute an amended amortization payment schedule to reflect the reduced acquisition costs. 6. GCC and Lessee may by written agreement between themselves remove the Agent, at any time and for any reason, and appoint a successor escrow agent. Such removal shall not be effective until thirty (30) days after written notice thereof to Agent. 7. Agent may at any time and for any reason resign as escrow agent by giving written notice to Lessor and Lessee of its intention to resign and oft the proposed date of resignation, which date shall be not less than thirty (30) days after giving Lessee and Lessor written notice of Intent to resign, nor less than thirty (30) days after being appolnted by Lessor and Lessee. Upon the effective date of any resignation, the Escrow Agent shall deliver all cash and other property In the Fund to a successor escrow agent designated by Lessor, and if no successor has been appointed, shall deliver all such cash and other property. to the Lessor and all obligations of the Escrow Agent shall cease. 8. Agent shall have no obligation under the terms of this Agreement to make any disbursement except from the Fund. Agent makes no warranties or representations as to the Property or as to performance of the obligations of Lessor or Lessee under this Agreement or the Lease. 9. Agent shall be entitled to rely in good faith upon any documents signed by a party hereto and shall have no duty to investigate the veracity of such documents. Agent (I) may assume that any person giving notice pursuant to the terms hereof is authorized to do so and () shall not be liable for good faith reliance thereon. Agent may consult with legal counsel in the event of any dispute or question as to the construction of any of the provisions hereof or its duties hereunder, and, to the extent it acts in good faith without gross negligence or wilful misconduct, it shall be fully protected in acting In accordance with the opinion or instructions of such counsel. The Agent shall not be liable for any act done or step taken or omitted by it or any mistake of fact or law, except for its gross negligence or willfui misconduct. The Lessor and Lessee jointly and severally agree to Indemnify and save Agent harmiess from all losses, costs, llabillties, actual damages, fees and expenses (Including, but not limited to, reasonable attorney's fees and expenses) suffered or incurred by Agent arising from the performance of Its obligations under this Agreement ("Acts"), except such Acts as arlse from or attributable to the gross negligence or wilful misconduct of Agent. 10. To the limited extent required to perfect the security interest granted by Lessee to Lessor In the cash and negotiable instrument from time to time comprising the Fund, Lessor hereby appoints the Agent as its security agent, and the Agent hereby accepts the appointment as security agent, and agrees to hold physical possession of such cash negotlable Instruments on behalf of Lessor. 11. This Agreement may be amended by written agreement executed by all the partles. Lessor may assign Its rights and/or obligations at any time with written notice thereof to the other parties hereto, 12. This Agreement may be executed in several counterparts, each of which shall be an original. The partles hereto agree the transactions described hereln may be conducted and related documents may be stored by electronic means. 13. Agent shali be entitled to fees and expenses for its regular services as Agent as set forth in its fee letter delivered to the Lessor and Lessee. Additionally, Agent is entitled to fees for extraordinary services and reimbursement of any out of pocket and extraordinary costs and expenses, Including, but not limited to, attorneys' fees. Agent shall have a first lien upon all amounts in the Fund for the purposes of paying its fees and expenses. All of the Escrow Agent's compensation, costs and expenses shall be pald by the Lessee unless agreed to by Lessor. TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT Page 12 DocuSign Envelope ID: CE3384A6-91C5-412F-812F-CCD75BB1CFC3 14. In the event of any disagreement between the undersigned or or any other person, resulting In adverse claims and demands belng made on the Fund, the Agent shall be entitied to refuse to comply with any demand or daim, as long as such disagreement shall continue, and in 50 refusing to make any delivery or other disposition of any money, papers or property Involved or affected hereby, the Agent shall not be or become ilable to the undersigned for Its refusal to comply with such conflicting or adverse demands, and the Escrow Agent shall be entiled to refuse and refrain to act until: (a) the rights of the adverse dalmants shall have been fully and finally adjudicated in a Court assuming and having jurisdiction oft the partles and money, papers and property involved herein or affected hereby, or (b)a all differences shall have been adjusted by agreement and the Agent shall have been notined thereof In writing, signed by all the Interested parties. 15. The parties hereto agree that, for tax reporting purposes, all Interest or other Income, if any, attributable to the Escrowed Funds or any other amount held In escrow by the Escrow Agent pursuant to this Agreement shall be allocable to the Lessor for credit to Lessee subject to the terms of this Agreement. The Lessor and Lessee agree to provide the Escrow Agent completed Forms W-9 (or Forms W-8, In the case of non-U.S. persons) and other forms and documents that the Escrow Agent may reasonably request (collectively, "Tax Reporting Documentation") at the time of execution of this Agreement and any information reasonably requested by the Escrow Agent to comply with the USA Patriot Act of: 2001, as amended from time to time. The parties hereto understand thati if such Tax Reporting Documentation Is not so certified to the Escrow Agent, the Escrow Agent may be required by the Internal Revenue Code, as It may be amended from time to dme, to withhold a portion of any Inberest or ather income earned on the investment of monies or other property held by the Escrow Agent pursuant to this Escrow Agreement. IN WITNESS WHEREOF, the parties have executed this Agregment as of the date first written above. LESSOR: Government Capital Corpdration' BY: Authorized Signer LESSEE: Village of Salado BY: Michael Coggin, Mayor AGENT: Canybats BY:EVP)Market President - Broken Arrow Agent Rep, Agent Rep Title TEXAS MUNICIPAL LEASE-PURCHASE AGREEMENT Page 13 Agenda Item # 6B Date Submitted: June 30, 2025 Agenda Item: DISCUSSION AND POSSIBLE ACTION Project/Proposal Summary: 6. DISCUSSION AND POSSIBLE ACTION (B) DISCUSSION AND POSSIBLE ACTION AUTHORIZING THE VILLAGE ADMINISTRATOR TO SEEK OPTIONS ON DISSOLVING THE SALADO MUNICIPAL COURT AND THE OFFICE OF THE MUNICIPAL COURT JUDGE AND ANY RELATED ACTION ON CONTRACTING SERVICES. Note: Municipal Court legal services for six months. June 15, 2025 - $2,903.00 May 15, 2025 - $2,252.50 April 15, 2025 - $2,532.50 March 15, 2025 - $1,990.00 February 15, 2025 - $1,791.00 January 15, 2025 - 1,299.00 Agenda Item # 6C Date Submitted: June 30, 2025 Agenda Item: DISCUSSION AND POSSIBLE ACTION Project/Proposal Summary: 6. DISCUSSION AND POSSIBLE ACTION (C) UPDATE AND POSSIBLE ACTION ON TEXAS DEPARTMENT OF TRANSPORTATION (TXDOT) PROJECT NAME: OV ROYAL ST SMITH BR RD FM 2268 Manuel De La Rosa From: Uryan Nelson upannelsonecdtrogorg? Sent: Monday, June 30, 2025 10:48 AM To: Gina Pence Cc: Manuel De La Rosa; Bert Henry; Jim Reed Subject: RE: TxDot Follow Up Follow Up Flag: Follow up Flag Status: Flagged CAUTION: This email originated from outside of the organization! Do not click links, open attachments or reply, unless you recognize the sender's email address and know the content is safe!" Good morning Gina- I spoke to TxDOT following our meeting and am waiting to hear back from them on their ability to assist with the environmental and match for the project. Once I hear back from them I will let y'all know. Thanks Uryan From: Gina Pence gpence@saladougove Sent: Friday, June 27, 2025 5:12 PM To: Uryan Nelson urannesonerdtcogop Cc: Manuel De La Rosa maehrosesainougp, Bert Henry cohenyesaladtgovo; Jim Reed jm.reed@ctcog.org> Subject: TxDot Follow Up Dear Mr. Nelson, I wanted to follow up to see if you were able to connect with TXDOT regarding the funding request. Mr. De La Rosa and I had a productive conversation with our local bank, but securing the additional funds from TXDOT is essential to keeping this project moving forward. We appreciate your continued assistance with this matter and look forward to hearing from you soon. Sincerely, Gina Pence Director of Administrative Services 301 N. Stagecoach Rd. Salado, Texas 76571 0: (254) 947-5060 C: (254) 258-5726 E: Gpence@saladotxgov www.saladotxgoy DocuSign Envelope ID: 132B73BC-EC-E0EF-499A-B9F0-78B2B2B477B193 TxDOT: Federal Highway Administration: CCSJ # 0909-36-183 AFA ID Z00002959 CFDA No. 20.205 AFA CSJs 0909-36-183 CFDA Title Highway Planning and Construction District # 09- Code Chart 37260 Waco 64# Project Name OV Royal St Smith Br Rd FM AFA Not Used For Research & Development 2268 ATTACHMENT B PROJECT BUDGET Construction costs will be allocated based on 80% Federal funding and 20% Local Government funding until the federal funding reaches the maximum obligated amount. The Local Government will then be responsible for 100% of the costs. Description Total Estimated Federal Participation State Participation Local Participation Cost % Cost % Cost % Cost Construction (by $2,100,000.00, 80% $1,680,000.00 0% $0 20% $420,000.00 Local Government) Subtotal $2,100,000.00) $1,680,000.00, $0 $420,000.00 Environmental $5,040.00 0% $0 0% $0 100% $5,040.00 Direct State Costs Right of Way Direct $1,680.00 0% $0 0% $0 100% $1,680.00 State Costs Engineering Direct $11,760.00 0% $0 0% $0 100% $11,760.00 State Costs Utility Direct State $1,680.00 0% $0 0% $0 100% $1,680.00 Costs Construction Direct $21,840.00 0% $0 0% $0 100% $21,840.00 State Costs Indirect State $99,750.00 0% $0 100% $99,750.00 0% $0 Costs TOTAL $2,241,750.00 $1,680,000.00, $99,750.00 $462,000.00 Initial payment by the Local Government to the State: $20,160.00 Payment by the Local Government to the State before construction: $21,840.00 Estimated total payment by the Local Government to the State $42,000.00. This is an estimate. The final amount of Local Government participation will be based on actual costs. Page 1 of 1 AFA LongGen Attachment B - 5 3 S 3 S S V S S S S 5 S A s 3 S S s 3 3 3 3 5 3 S S s Manuel De La Rosa From: Thomas, Solomon Ssomoalonsomiyopon Sent: Tuesday, June 24, 2025 4:12 PM To: Manuel De La Rosa Cc: Gina Pence Subject: Royal Street Schedule and Cost to Complete Attachments: Salado - Royal St KTMPO Schedule 25 06 24.pdf CAUTION: 'This email originated from outside of the organization! Do not click links, open attachments or reply, unless you recognize the sender's email address and know the content is safe!" Good afternoon, Manny, Please see the attached schedule with cost per month at the bottom. This schedule assumes being given authorization to resume work in August of 2025. - selected that date because it is based on a reasonable but quick timeline. There is some room to condense the schedule but I would begin to be really concerned about meeting the schedule if we moved resume work beyond October of 2025 because TxDOT would have to be working on federal authorizations without environmental clearance and they are hesitant to move towards letting without environmental clearance 3-4 months before letting. Here is a table of estimated monthly costs if we began again in August. Initial Const. and Engineering Reimbursement Amount MO Month (3 Costs delay, Const. dollars) August 2025 $14,200 September 2025 $14,200 October 2025 $14,200 November 2025 $14,200 December 2025 $19,900 January 2026 $800 February 2026 $500 March 2026 $500 April 2026 $500 May 2026 $500 June 2026 $4000 July 2026 $4000 August 2026 $169,850 September 2026 $69,850 October 2026 $69,850 November 2026 $69,850 $120,000 December 2026 $44,850 $40,000 January 2027 $44,850 $40,000 February 2027 $44,850 $40,000 March 2027 $44,850 $20,000 April 2027 $194,850 $20,000 May 2027 $269,850 $20,000 June 2027 $269,850 $20,000 July 2027 $269,850 $140,000 August 2027 $244,850 $200,000 1 September 2027 $244,850 $200,000 October 2027 $244,850 $200,000 November 2027 $189,850 $180,000 December 2027 $64,850 $180,000 January 2028 $64,850 $180,000 February 2028 $64,850 $136,000 March 2028 $39,850 $36,000 April 2028 $119,850 $36,000 May 2028 $2,750 $36,000 June 2028 $2,750 $16,000 July 2028 $80,000 Thank you, Solomon Thomas Project Manager Cell 254.239.7802 MRB Group 303 W. Calhoun Ave. Temple, TX 76501 Office 254.771.2054 MRBGroup.com Elevating Communities 2 Agenda Item # 6D and 6E Date Submitted: June 30, 2025 Agenda Item: DISCUSSION AND POSSIBLE ACTION Project/Proposal Summary: 6. DISCUSSION AND POSSIBLE ACTION (D) DISCUSSION AND POSSIBLE ACTION ON FORMATION OF A ROAD PROJECT OVERSIGHT COMMITTEE. (E) DISCUSSION AND POSSIBLE ACTION ON ESTABLISHMENT OF WEEKLY ROAD PROJECT WORKSHOPS. Note: This agenda item was requested by Alderman Neil Dunch with the following summary. Given the significance of these grants-over $7 million in potential infrastructure improyements-and the approaching deadlines, I'd like to request that the following items be added to the agenda for the Thursday, July 3rd Alderman Meeting: 1. Formation of a Road Project Oversight Committee Proposal to include two Aldermen in all meetings and correspondence related to the road grants, working alongside the Mayor, Village Administrator, and Village Planner. 2. Establishment of Weekly Road Project Workshops o Proposal to initiate a series of weekly workshops beginning as soon as possible-with participation from County Commissioner Whitson and Executive Director Reed. These workshops would provide a structured forum to review funding strategies, track project progress, and ensure alignment among all stakeholders. Agenda Item # 6F Date Submitted: June 30, 2025 Agenda Item: DISCUSSION AND POSSIBLE ACTION Project/Proposal Summary: 6. DISCUSSION AND POSSIBLE ACTION (F) DISCUSSION AND POSSIBLE ACTION NOMINATING AND APPOINTING NDIVIDUALS TO THE PLANNING AND ZONING COMMISSION: LINDA REYNOLDS = TERM JUNE 1, 2025 TO MAY 31, 2026 JOHN PRICE - TERM JUNE 1, 2025 TO MAY 31, 2026 Planning and Zoning Commission Applicant: Linda Reynolds Published on Salado Texas ntps/wwwsaldougow Home > Boards and Commissions Member. Application > Webform results > Submission #46 Submission information Form: Boards and Commissions Member Application DI Submitted by Visitor (not verified) Mon, 02/17/2025 - 9:35am 72.158.228.104 AM INTERESTED IN SERVING ON THE FOLLOWING 30ARDS AND COMISSIONS Boards and Commissions Planning and Zoning Commission Personal Information First Name Linda Last Name Reynolds Street Address 1710 Mill Creek dr City Salado Zip Code 76571 Email lindareynolds44 Phone Number 254-7 Do you live inside the corporate limits of the Village of Salado? Yes Qualifications Please list any professional and/or community organizations and activities you are involved in. I - served on the board of the Historical Society as the head of the Preservation Committee. I also was an active member and fthe Ladies Chamber Auxiliary. For a short time, - served on the Cultural Arts Committee before it was disbanded. For several years I - cared for my elderly mother. Please list any areas of expertise, experience, training, skills, or interests which you belief qualifies you for membership on this board or commission. am a retired Engish/WrntingReading teacher with an undergrad degree from Indiana University and a Masters Degree in Reading Education from Syracuse University. am very familiar with the past and current Salado Comprehensive Plan and Salado developments since before - - moved here in 2011. would enjoy working with Gina on the editing and writing of the updated Comprehensive Plan. Resume References References Other Current or Previous Public Service Are you currently serving on a Village of Salado board or commission? No Have you ever served on a Village of Salado board or commission? Yes Do you have any relatives or members of your household serving as an elected or appointed official of the Village of Salado? No Ethics Agreement Have you ever been convicted of a crime, excluding traffic violations? No If yes, please explain Do you know of any reason you might have a conflict of interest because your service on the board or commission that you are applying for? If SO, please list below. My sister owns several properties in the Village which might require me to recuse myself? Supplemental Questions Have you ever attended a meeting of the board or commission you are applying for? Yes Why are you willing to commit time to volunteer for this appointed position? have the time and feel my skills and knowledge could be used to serve the Village. PLEASE READ THE FOLLOWING STATEMENT CAREFULLY BEFORE SUBMITTING YOUR APPLICATION CERTIFY THAT ALL STATEMENTS THAT HAVE MADE ON THIS APPLICATION AN DANY OTHER SUPPLEMTARY MATERIALS ARE TRUE AND CORRECT. HEREBY AUTHROIZE THE VILLAGE OF SALADO TO INVESTIGATE THE ACCURACY OF THIS INFORMATION FROM ANY PERSON OR ORGANIZATION, AND I RELEASE THE VILLAGE OF SALADO AND ALL PERSONS AND ORGANIZATION FROM ALL CLAIMS AND LIABILITIES ARISING FROM SUCH INVESTIGATION OR THE SUPPLYING OF INFORMATION FOR SUCH INVESTIGATION. I ACKNOWLEDGE THAT ANY FALSE STATEMENT OR MISREPRESESETNATION ON THIS APPLICATION OR SUPPLEMENTARY MATERIALS WILL BE CAUSE FOR REFUSAL OF APPOINTMENT OR IMMEDIATE DISMISSAL AT ANY TIME DURING THE PERIOD OF MY APPOINTMENT Name of Applicant Linda Reynolds Date of Application Sun, 02/16/2025 Home Logout Accessibility Dashboard Government Websites by CivicPluse Source URL-https/wwwsaladotxgovhnode/429submission/2013 Links [ https/www.saladotxgovipcweblorm/boards-and-commissions memberapplication Planning and Zoning Commission Applicant: John Price Published on Salado Texas ntps/wwwsaldotgow Home: > Boards and Commissions Member Application > Webform results > Submission #49 Submission information Form: Boards and Commissions Member Application DI Submitted by Visitor (not verified) Mon, 05/05/2025 - 2:51pm 72.48.33.125 - AM INTERESTED IN SERVING ON THE FOLLOWING BOARDS AND COMISSIONS Boards and Commissions Planning and Zoning Commission Personal Information First Name John Last Name Price Street Address 918 N ridge Rd City Salado Zip Code 7657 Email airnostalgia73 Phone Number (979) 5 Do you live inside the corporate limits of the Village of Salado? Yes Qualifications Please list any professional and/or community organizations and activities you are involved in. None presently. Please list any areas of expertise, experience, training, skills, or interests which you belief qualifies you for membership on this board or commission. See resume Resume 250503-john.r.price.resumedoc [2) References References Other Current or Previous Public Service Are you currently serving on a Village of Salado board or commission? No Have you ever served on a Village of Salado board or commission? No Do you have any relatives or members of your household serving as an elected or appointed official of the Village of Salado? No Ethics Agreement Have you ever been convicted of a crime, excluding traffic violations? No If yes, please explain Do you know of any reason you might have a conflict of interest because your service on the board or commission that you are applying for? If so, please list below. No conflicts Supplemental Questions Have you ever attended a meeting of the board or commission you are applying for? No Why are you willing to commit time to volunteer for this appointed position? While I am new to the Village of Salado I - have lived in central Texas for over 20 years. I know that the coming years will bring many challenges in the areas of infrastructure expansion and maintenance as well as increased demand for City services of all kinds. I believe it is imperative that we be prepared to meet those challenges and I believe my education and experience has prepared me to make a contribution in the areas for which the Committee is responsible. - look forward to the opportunity to serve my community. PLEASE READ THE FOLLOWING STATEMENT CAREFULLY BEFORE SUBMITTING YOUR APPLICATION - CERTIFY THAT ALL STATEMENTS THAT - I HAVE MADE ON THIS APPLICATION AN DANY OTHER SUPPLEMTARY MATERIALS ARE TRUE AND CORRECT. HEREBY AUTHROIZE THE VILLAGE OF SALADO TO INVESTIGATE THE ACCURACY OF THIS INFORMATION FROM ANY PERSON OR ORGANIZATION, AND I RELEASE THE VILLAGE OF SALADO AND ALL PERSONS AND ORGANIZATION FROM ALL CLAIMS AND LIABILITIES ARISING FROM SUCH INVESTIGATION OR THE SUPPLYING OF INFORMATION FOR SUCH INVESTIGATION. - ACKNOWLEDGE THAT ANY FALSE STATEMENT OR MISREPRESESETNATION ON THIS APPLICATION OR SUPPLEMENTARY MATERIALS WILL BE CAUSE FOR REFUSAL OF APPOINTMENT OR IMMEDIATE DISMISSAL AT ANY TIME DURING THE PERIOD OF MY APPOINTMENT: Name of Applicant John R. Price Date of Application Mon, 05/05/2025 Home Logout Accessibility Dashboard Government Websites by CivicPluse Source URL-https/wwwsaladotxgowlnode/429submission/2236 Links DI https/www.saladotxgowbc/wbform/boards-and-commissions-member-application [2] ttps/wwwsaladotxgowystem'lem/flesweblorm/250503.john.r.price.resume.doc John R. Price 918 N Ridge Rd Salado, TX 76571 airnostalgia73 Home: 979.5 Summary of Relevant Professional Qualifications: Experienced in Program Management processes and techniques. Experienced in business/financial management and business development. Experienced in Community Planning, Development and Governance. Highly organized and detail oriented with excellent research, analytical, writing and presentation skills. Community Service Qualifications: One year on City of Georgetown General Government and Finance Advisory Board 2022 Four years on Sun City, Texas Property & Grounds Committee. 2018-2021. Two years as Chairman. Two years on on Sun City, Texas Finance Committee. 2021-2023. Two years on City of Grapevine, Texas Planning and Zoning Board. 1986-1988. Five years President of Downtown Grapevine Association. 1983-1988. Two years on Grapevine Chamber of Commerce Board of Directors. 1985-1986. Professional Experience: 2009 = 2011 Program Manager Texas A&M University - National Bio-fuels Alliance - College Station, TX 2004 = 2009 Program Manager Texas A&M University - Academic Center for Aging Aircraft - College Station, TX 1988 - 2004 Pilot Continental Airlines - Houston, Texas 1983 = 2001 President Air Nostalgia, Inc. - Grapevine, Texas Retail and Commercial Artwork and Framing d/b/a Off Mainstreet Gallery. Aviation Museum and Entertainment venue consulting. Education: MS, Information & Operations Management, Texas A&M University BBA, Banking and Finance, University of North Texas References: Ron Garland, Councilman William Streeter, Former Chairman City of Georgetown, TX Sun City, TX Property & Grounds Committee 105 Running Water Street 422 Davis Mountain Circle Georgetown, TX 78633 Georgetown, TX 78633 512) 508-6767 (512) 819-1675