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2019-11-21 CEDC Minutes b; SOUTHLAKE TEXAS SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEETING MINUTES: November 21, 2019 LOCATION: The Marq Southlake Legends Hall — Boardroom 285 Shady Oaks Drive Southlake, Texas 76092 TIME: 6:00 p.m. COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEMBERS PRESENT: Board President Martin Schelling, Acting Board Secretary Craig Sturtevant, Tom DeCaro and Robert Mundlin. COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEMBERS ABSENT: Jeff Wang. STAFF PRESENT: Assistant City Manager & Director of Economic Development & Tourism Alison Ortowski, Chief Financial Officer & Board Treasurer Sharen Jackson, Director of Community Services Chris Tribble, Deputy Director of Economic Development Daniel Cortez and Tourism Marketing Manager Cambria Jones. 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 September 24, 2019 Community Enhancement and Development Corporation meeting A motion was made to approve the minutes from the September 24, 2019 meeting as presented. Motion: Sturtevant Second: DeCaro Ayes: Schelling, DeCaro, Sturtevant, Mundlin Nays: None Abstain: None Vote: 4-0 Motion Carried —APPROVED November 21, 2019 CEDC Minutes 3. Consider appointment of Board Officers Board member Mundlin made a motion to approve the following board officer positions for the upcoming year if they were willing to serve the board in the following capacities: • President: Martin Schelling • Vice President: Tom DeCaro • Secretary: Craig Sturtevant • Treasurer: Sharen Jackson Motion: Mundlin Second: Sturtevant Ayes: DeCaro, Mundlin, Schelling and Sturtevant Nays: None Abstain: None Vote: 4-0 Motion Carried —APPROVED 4. Review and discuss implementation of strategic priorities Assistant City Manager Alison Ortowski presented this item and mentioned that this is a standing annual item for review. She provided the board with an update on what has been accomplished by the CEDC board in FY 2019 and what is planned for FY 2020. 5. Economic Development a. EXECUTIVE SESSION There was no executive session, Assistant City Manager Alison Ortowski reported to the board that the applicant for Project No. 2019-03 would be ready at a future meeting date for the board to deliberate regarding economic development negotiations. No action was taken. b. Receive a report and provide feedback on implementation of the Southlake 2035 Economic Development Master Plan Deputy Director of Economic Development Daniel Cortez presented an overview of the implementation, what has been accomplished and what remains on the implementation of the 2035 Economic Development Master Plan. He noted that considerable progress has been made in FY2019 and that the completion of implementation of the plan is near. No formal action was sought on this item other than board feedback and questions pertaining to the implementation of the plan. c. Receive a report and provide feedback on implementation of the Southlake 2035 Tourism Master Plan 2 November 21, 2019 CEDC Minutes Tourism Marketing Manager Cambria Jones presented an overview of the implementation, what has been accomplished and what remains on the implementation of the 2035 Tourism Master Plan. She noted accomplishments over the last year including the Visit Southlake App, social media presence and the use of Cinebody. No formal action was sought on this item other than board feedback and questions pertaining to the implementation of the plan. 6. The Marq Southlake: a. Consider funding the annual agreement with Regent Services (Southlake Leasing) for janitorial services for Legends Hall and Champions Club in an amount not to exceed $155,000. Director of Community Services Chris Tribble provided an overview of the services that Regent Services provides for The Marq Southlake. He indicated that the funding is available through the CEDC operating budget. A motion was made to approve the funding of the annual agreement with Regent Services for janitorial services for Legends Hall and Champions Club in an amount not to exceed $155,000. Motion: Mundlin Second: DeCaro Ayes: Schelling, DeCaro, Sturtevant, Mundlin Nays: None Abstain: None Vote: 4-0 Motion Carried —APPROVED 7. Staff reports: a. Financial reports i. The Marq Southlake financial highlights and membership sales report Chief Financial Officer and Board Treasurer Jackson presented the following performance data for The Marq: • The current cost recovery for The Marq is at 37.5% just under the anticipated 38%. • 92% of the Champions Club memberships are residents. Membership retention is very close to be being equal with losses vs. gains. • There were 1,362 events held at Legends Hall for FY 2019 in comparison to 1,530 for FY 2018 for the same period. ii. Sales tax report 3 November 21, 2019 CEDC Minutes Chief Financial Officer and Board Treasurer Jackson informed the Board that the Corporation has brought in just over $5.7 million in revenue for the fiscal year, more than $25,000 over last year. b. Economic and development activity report i. Business Engagement Program Q4 Report Deputy Director of Economic Development Daniel Cortez provided the board an update on the business engagement program for the 4th quarter. He noted that 57 businesses were interviewed this fiscal year and 115 businesses visited during the fiscal year, substantially more than the prior fiscal year. ii. Southlake Site Selection Tool Demonstration Deputy Director of Economic Development Daniel Cortez provided a demonstration of the new site selection software the City will be unveiling soon to coincide with the launch of the new website. He mentioned that the software is live and that staff would be communicating with potential users to populate data within the software. The board inquired about potential users of the software. c. Construction management report Assistant City Manager Alison Ortowski reported that the construction was 99% complete but that no occupancy permit had been issued, little changed from the last update provided to the board in September. 7. ADJOURNMENT Staff noted that there will be no board meeting in December and that the next board meeting is scheduled to be held January 28, 2020. Board President Schelling adjourned the meeting at 7:02 p.m. artin Schelling, Board President Community Enhancement and Development Corporation Board Craig : j , Board Secretary Com • y Enhancement and Development Corporation Board 4