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2022-01-25 CEDC agenda9 SOUTHLAKE TEXAS COMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION MEETING TUESDAY, JANUARY 25, 2022 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 October 26, 2021, Community Enhancement and Development Corporation meeting 3. Presentation on State Highway 114 conceptual improvements and construction update 4. 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 reaardina economic development negotiations. a. Section 551.087: Deliberation regarding economic development negotiations - Discuss the terms and conditions of an economic development incentive program - Project No. 2017-03 and Project No. 2021-02. 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. 5. Economic Development: a. Review and make recommendations for the 2022 Business Climate Survey 6. The Marq a. Consider approval of funding for the City's contract with Tactical Systems Network (TSN) for security officers at Champions Club in an amount not to exceed $165,000. b. Consider approval of funding for the purchase of capital equipment from Marathon Fitness in amount not to exceed $134,000. 7. Staff reports: a. Financial reports i. The Marq Southlake financial highlights and membership sales report ii. Sales tax report b. Economic and development activity report i. Local Economic Update - FY 2022 Q1 Economic Activity Report SOUTHLAKE TEXAS 8. 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 1400 Main Street, Souiioldo ,'q#3Y,,9s on Friday, January Chapter 551 of the Tg tY.eTriiefx��Code. �k. Ar'nV'Sl ielleylJRM("s,...., City Scretary official bulletin boards at Town Hall, 21, 2022, by 6:00 p.m., pursuant to If you plan to attend this meeting and have a disability that requires special needs, please advise the City Secretary 48 hours in advance at 817-748-8016, and reasonable accommodations will be made to assist you.