2017-11-28 CEDC MinutesCi'l-Y OF
SOUTHLAKE
TEXAS
SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION
BOARD MEETING MINUTES: November 28, 2017
LOCATION: Southlake Town Hall
1400 Main Street
4th Floor, Room 4A
Southlake, Texas 76092
TIME: 6:00 p.m
COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD
MEMBERS PRESENT: Board President Martin Schelling, Board Vice -President
Brandon Bledsoe, Board Secretary Suzanne Maisto, Tom DeCaro, Bob Mundlin, Frank
Pittman and Jeff Wang.
COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD
MEMBERS ABSENT: N/A
STAFF PRESENT: Assistant City Manager Alison Ortowski, Assistant City Manager
Ben Thatcher, Chief Financial Officer & Board Treasurer Sharen Jackson, Director of
Public Works Rob Cohen.
1. Call to order
Board President Martin Schelling called the meeting to order at 6:01 p.m.
2. Consider approving the minutes from the September 26, 2017 Community
Enhancement and Development Corporation meeting
A motion was made to approve the minutes from the September 26, 2017 meeting
as presented.
Motion:
Mundlin
Second:
Maisto
Ayes:
DeCaro, Maisto, Mundlin, Schelling, & Wang
Nays:
None
Abstain:
Bledsoe, Pittman
Vote:
5-0-2
Motion Carried
— APPROVED
3. Consider selection of board officers
Board member Mundlin made a motion to approve the following slate of officers for
the upcoming year if they were amenable to serving:
0 President — Martin Schelling
• Vice -President — Brandon Bledsoe
• Secretary — Suzanne Maisto
• Treasurer — Chief Financial Officer Sharen Jackson
Motion:
Mundlin
Second:
Wang
Ayes:
DeCaro, Bledsoe, Maisto, Mundlin,
Nays:
None
Abstain:
None
Vote:
7-0
Motion Carried
— APPROVED
Pittman, Schelling, & Wang
4. Review and discuss implementation of strategic priorities
Assistant City Manager Ortowski provided the board with an update on what has
been accomplished by the CEDC board in FY 2017 and what is planned for FY
2018. The board asked questions and provided feedback.
5. Economic Development:
a. Receive a report and provide feedback on implementation of the Southlake
2035 Economic Development Master Plan
Assistant City Manager Ortowski gave a brief update on the status of
implementing the Southlake 2035 Economic Development Master Plan, and then
asked for board commentary. The board asked questions and provided
feedback.
6. Staff reports:
a. Sales tax report
Chief Financial Officer and Board Treasurer Sharen Jackson asked the board if
there were any questions regarding the report that was in the packet. She
informed the Board that the Corporation brought in over $5.6m ($5,613,664) in
revenue for FY2017 which is $63,664 over the budgeted amount for the entire
year.
b. Development activity report
i. Incentive summary
Assistant City Manager Ortowski provided the board a summary of the incentive
programs that the City has implemented. This discussion provided an overview of
selected incentives the City Council has approved and featured information on
how the City has historically approached incentive considerations. A discussion
was held as to how this information will be useful as the Board makes a future
recommendation to the City Council on public investment guidelines.
c. Construction management report
Director Cohen provided an update on the construction status of the Champions
Club, and Assistant City Manager Thatcher briefed the board on the status of the
legal issues associated with the project. Assistant City Manager Thatcher also
informed the board that there may be a need to have a brief meeting prior to the
December 19t" City Council meeting to consider a change order request that was
previously discussed with both the CEDC and City Council. He let the board
know that a calendar invite will be sent out soon and that he'll confirm with the
board whether or not the meeting is needed.
7. ADJOURNMENT
Prior to adjourning Board President Schelling asked each board member to come
prepared at the January board meeting with a short verbal bio to share with
everyone. He explained this would be helpful for the board to get to know one
another better. He then adjourned the meeting at 7:39 p.m.
i
Martin Schelling, President
Community Enhancement and Development Corporation Board
Suzanne Maistd;�Secretary
Community Enhan ment and Development Corporation Board