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2018-04-24 CEDC MinutesC.� Y t ; SOUTHL.AK TEXAS SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEETING MINUTES: April 24, 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, and Frank Pittman. COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEMBERS ABSENT: Jeff Wang 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, Director of Community Services Chris Tribble, and Deputy Director of Community Services Candice Edmondson. 1. Call to order Board President Martin Schelling called the meeting to order at 6:00 p.m. 2. Consider approving the minutes from the March 27, 2018 Community Enhancement and Development Corporation meeting A motion was made to approve the minutes from the March 27, 2018 meeting as presented. Motion: Pittman Second: Bledsoe Ayes: Bledsoe, DeCaro, Maisto, Mundlin, Pittman, & Schelling Nays: None Abstain: None Vote: 6-0 Motion Carried — APPROVED 3. Consider rescheduling the July 24, 2018 meeting Staff mentioned that normally the City doesn't hold City Council and Board meetings during the month of July, except maybe toward the end of the month for those boards that need to make a budget recommendation prior to the City's budget being filed in August. Staff indicated that July 31 is the Tuesday following the previously scheduled July 24th meeting and asked the board if they would prefer having the meeting on the 31St. Several board members indicated that they would be out of town on the 31St. Staff mentioned that they would keep the board informed about whether they would keep the meeting on the 24th or hold a special meeting at the beginning of August. It was decided that no action would be made on this item and that as staff works through the budget process they'll keep the board informed on when to hold the meeting. 4. Economic Development a. Consider a recommendation to the City Council on the adoption of economic development incentive guidelines Assistant City Manager Ortowski made a presentation on proposed incentive guidelines noting that the board's feedback from the March meeting had been incorporated. There were no questions from the board. A motion was made to approve the recommendation to the City Council on the adoption of economic development incentive guidelines. Motion: Bledsoe Second: Pittman Ayes: Bledsoe, DeCaro, Maisto, Mundlin, Pittman, & Schelling Nays: None Abstain: None Vote: 6-0 Motion Carried — APPROVED b. Review and provide feedback on a process to ensure that the CEDC Board reviews and provides comments to the City Council on policy and master plan alignment for public funds investment requests Assistant City Manager Ortowski made a presentation on a proposed process to facilitate CEDC Board involvement, review, and comment to City Council on public funds investment requests for economic development purposes. She informed the board that the final document will come before the board for consideration probably in May. The board had a lengthy discussion and provided several points of feedback for staff consideration. 5. The Marq Southlake a. Review and discuss mid -year report on operational and financial performance of The Marq Southlake Deputy Director of Community Services Candice Edmondson briefed the board on the latest dashboard performance of Legends Hall. She then discussed the balance her staff attempts to have with providing programming areas for the Senior Center as well as accommodating paid bookings. The board posed several questions regarding how we track for lost opportunities because of Senior Center programming, Senior Center membership numbers, and membership fees for residents and non-residents. The board mentioned they didn't think the City should be subsidizing programming and services for non- residents and they suggested there should be a membership fee for non-resident members of the Senior Center. Staff indicated this is a topic that will be discussed with the Senior Advisory Committee and ultimately could be addressed through the fee structure the City Council adopts as part of the budget process. 6. Staff reports: a. 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 $398,264 in revenue for the month of February 2018. The total revenue for the year is just under $2.5m ($2,423,457). She also informed the board that next month's sales tax payment will be the first month of the Apple store closure. b. Economic and development activity report Assistant City Manager Ortowski informed the board that the Carillon development officially submitted their development application with the City. They will soon be working their way through the City's entitlement process. c. 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 at next month's board meeting the board will be able to have an onsite tour of the project. 7. ADJOURNMENT Meeting adjourned at 7:27 p.m. Martin Schelling, President Community Enhancement and Development Corporation Board Suzanne Maisto111_ e11 tary Community Enhancement and Development Corporation Board