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2022-07-26 CEDC MeetingSOUTHLAKE TEXAS COMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION MEETING TUESDAY, JULY 26. 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 June 28, 2022, Community Enhancement and Development Corporation meeting 3. "Consider approval of the amended FY 2022 Southlake Community Enhancement and Development Corporation Operating Budget and adoption of the Fiscal Year FY 2023 Southlake Community Enhancement and Development Corporation Operating Budget and Capital Improvement Plan 4. Economic Development: a. Mid -Year Economic Update Report 5. 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. Target industry Recruitment Task Force Update ii. Midyear update on Tourism Activities 6. Adjourn A quorum of the City Council may or may not be present at this meeting. CERTIFICATE 1 hereby certify that the above agenda was posted on the official bulletin boards at Town Hall, 1400 Main Street, Southlak&,NV :Friday; July 22, 2022, by 6:00 p.m., pursuant to Chapter 551 of the Texas Governrx% •, = 0 f « , Rn Amy Ile RMC :, City Secretary ®� `"°•,.....•.°°' ,fit. `` If you plan to attend this meetilf9esn0;htie 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. CITY OF SOUTHLAKE TEXAS SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEETING MINUTES: July 26, 2022 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 Vice President Mike Pazera, Board Secretary Craig Sturtevant, Jeff Wang, Bob Mundlin and Jennifer Kolb. COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEMBERS ABSENT: Board President Martin Schelling STAFF PRESENT: Chief Financial Officer & Board Treasurer Sharen Jackson, Director of Community Services Chris Tribble, Director of Economic Development & Tourism Daniel Cortez, Director of Public Works Rob Cohen and Economic Development Specialist Stephanie Clayton 1. Call to order Board Vice President Mike Pazera called the meeting to order at 6:00 p.m. 2. Consider approving the minutes from the June 28, 2022 Community Enhancement and Development Corporation meeting A motion was made to approve the minutes from the June 28, 2022 meeting. Motion: Wang Second: Kolb Ayes: Sturtevant, Pazera, Mundlin, Wang, Kolb Nays: None Abstain: None Vote: 5-0-0 Motion Carried —APPROVED July 26, 2022 CEDC Minutes year's sales tax collections for the same time. May collections are at 37% above May 2021 collections and 50% above May 2020 collections. b. Economic and development activity report i. Target Industry Recruitment Task Force Update Director of Economic Development & Tourism Daniel Cortez provided the Board with an update on the Target Industry Recruitment Task Force. ii. Midyear update on Tourism Activities Director of Economic Development & Tourism Daniel Cortez provided the Board with an update on recent tourism activities including a brand refresh. 6. Adjourn Board Vice President Pazera adjourned the meeting at 6:54 p.m. artin Schelling, Board President Community Enhancement and Development Corporation Board Craig St evant, Board Secretary Commun Enhancement and Development Corporation Board 3