2018-03-27 CEDC Minutescr... )
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SOUTHLAKE
TEXAS
SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION
BOARD MEETING MINUTES: March 27, 2018
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: None
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, and Assistant to the City Manager Lauren LaNeave.
1. Call to order
Board President Martin Schelling called the meeting to order at 6:02 p.m. and then
asked Vice -President Bledsoe to share a brief bio of his background for the board
since he missed the prior meeting when this was done.
2. Consider approving the minutes from the February 27, 2018 Community
Enhancement and Development Corporation meeting
The board had a brief discussion about amending the last sentence of item 6c to be
more specific about the projected completion schedule as well as noting the status
of change orders.
A motion was made to approve the minutes from the February 27, 2018 meeting as
amended.
Motion: Pittman
Second: Maisto
Ayes: DeCaro, Maisto, Mundlin, Pittman, Schelling, & Wang
Nays: None
Abstain: Bledsoe
Vote: 6-0-1
Motion Carried — APPROVED
3. Economic Development
a. Review and provide feedback on available economic and development data
to identify items to include in quarterly report
Assistant City Manager Ortowski presented options for the board to consider in a
quarterly report aimed at assessing the economic health and vitality of the
Southlake economy. She walked the board through potential data points that
could be used and the board provided feedback on which ones to pursue.
b. Review and provide feedback on proposed economic development
incentive guidelines
Assistant City Manager Ortowski made a presentation on proposed incentive
guidelines for board feedback. She informed the board that the final document
will come before the board for consideration probably in April.
4. Staff reports:
a. 2017 Citizen Survey results
Assistant to the City Manager LaNeave gave the board a brief update of the 2017
citizen survey results, and more specifically pointing out the community
perceptions on economic development and mobility.
b. Financial reports
i. The Marq Southlake financial highlights
Chief Financial Officer and Board Treasurer Jackson presented the
dashboard for The Marq used by staff to monitor cost recovery and event
bookings. The board asked questions regarding the Sr. Activity Center's
performance and impact on Legends Hall total performance. Staff agreed to
discuss this at the next meeting.
ii. Sales tax report
Chief Financial Officer and Board Treasurer Jackson asked the board if there
were any questions regarding the sales tax report that was in the packet. She
informed the Board that the Corporation brought in $428,464 in revenue for
the month of January 2018, which is a .55% increase over the budgeted
amount for the same period. The total revenue for the year is just over $2m
($2,025,193).
c. Economic and development activity report
Assistant City Manager Ortowski informed the board that the Carillon
development would soon be submitting formal plans to the City. She also
provided a status that the Toys R Us store would soon be closing.
d. Construction management report
Public Works Director Cohen provided an update on the construction status of
the Champions Club as well as presented the most recent construction photos.
He also indicated that in the near future once some progress has been made that
the board will be able to have an onsite tour of the project.
5. ADJOURNMENT
Meeting adjourned at 7:47 p.m.
Martin Schelling, President
Community Enhancement and Development Corporation Board
Suzanne M) a to, Secretary
Community E6ih�ncement and Development Corporation Board