2019-06-25 CEDC agendaITY OF
SOUTH LAKE
TEXAS
COMMUNITY ENHANCEMENT &
DEVELOPMENT CORPORATION MEETING
TUESDAY, JUNE 25, 2019
LOCATION: The Marq Southlake
Legends Hall - Boardroom
285 Shady Oaks Drive
TIME: 6:00 p.m.
AGENDA:
1. Call to order
2. Consider approving the minutes from the May 28, 2019, Community Enhancement and
Development Corporation meeting
3. Executive Session: Pursuant to the Open Meetings Act, Chapter 551, Texas Government
Code, Section 551.087: Deliberation regarding economic development negotiations.
Executive Session may be held, under this exception, at the end of the Reaular Session
or at any time during the meeting that a need arises for the Community Enhancement
and Development Corporation to deliberate regarding economic development
negotiations.
a. Section 551.087: Deliberation regarding economic development negotiations - Discuss
the terms and conditions of an economic development incentive program - Proiect No.
2019-02. The Community Enhancement and Development Corporation Board may
discuss or deliberate regarding commercial or financial information received from a
business prospect that the city seeks to have locate, stay, or expand in or near the city
and which the City is conducting economic development negotiations; or to deliberate the
offer of a financial or other incentive to a business prospect as described above.
4. Economic Development:
a. Discussion of FY 2020 economic development budget items
5. The Marq Southlake:
a. Discussion of FY 2020 Marq Southlake budget items
6. Staff reports:
a. Financial reports
i. The Marq Southlake financial performance
ii. Sales tax report
b. Economic and development activity report
i. Retail sales trend report
c. Construction management report
7. Adjourn
A quorum of the City Council may or may not be present at this meeting.
CERTIFICATE
I hereby certify that the above agenda was posted on the official bulletin boards at Town Hall,
1400 Main Street, Southlakei Texas on Friday, June 21, 2019, by 6:00 p.m., pursuant to Chapter
551 of the Texas Gove�pm T '
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Amy ShLileyl TRK/S>- i
City Secretary
If you plan to attend this mr' 'ng and ability that requires special needs, please advise the City Secretary 48
hours in advance at 817-748- '% is v0h onable accommodations will be made to assist you.