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2022-09-27 CEDC Minutes CITY OF , SOUTHLAKE TEXAS SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEETING MINUTES: September 27, 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 President Martin Schelling, Board Vice President Mike Pazera, Board Secretary Craig Sturtevant, Jeff Wang, Bob Mundlin and Jennifer Kolb. COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD MEMBERS ABSENT: None STAFF PRESENT: Chief Financial Officer & Board Treasurer Sharen Jackson, Chief of Police James Brandon, Director of Community Services Chris Tribble, Director of Economic Development & Tourism Daniel Cortez, and Economic Development Specialist Stephanie Clayton 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 July 26, 2022 Community Enhancement and Development Corporation meeting A motion was made to approve the minutes from the July 26, 2022 meeting. Motion: Pazera Second: Wang Ayes: Sturtevant, Pazera, Mundlin, Wang, Schelling Nays: None Abstain: None Vote: 5-0-0 Motion Carried —APPROVED Jennifer Kolb arrived after the approval of the minutes. September 27, 2022 CEDC Minutes 3. Economic Development • a. Review and discuss the implementation of strategic priorities for FY 2023 Director of Economic Development & Tourism Daniel Cortez presented to the board the strategic priorities that were achieved by the Board in FY 2022. He noted achievements of the Board such as monitoring the implementation of the Southlake 2035 Economic Development and Tourism Master Plans, monitoring successful implementation of the Landscape Recovery Business Assistance Grant, and reviewing and providing feedback on the updated Business Engagement Program. He also presented the strategic priorities scheduled for FY 2023. He noted the Board will be reviewing the development and results of Target Industry Analysis, review and provide feedback on Workforce Attainment and Development Plan and participate in incentive requests and providing feedback on marketing efforts the City will be developing for target industry business attraction. 4. The Marq a. Consider approval of funding for the City's contract with Tactical Systems Network for security guards at the Marq Southlake in an amount not to exceed $168,000. Chief of Police James Brandon provided information regarding contract renewal with rate increase from $32.00 to $35.00 an hour. A motion was made to approve funding for the City's contract with Tactical Systems Network for security guards at the Marq Southlake in an amount not to exceed $168,000. Motion: Sturtevant Second: Kolb Ayes: Sturtevant, Pazera, Mundlin, Wang, Schelling, Kolb Nays: None Abstain: None Vote: 6-0-0 Motion Carried —APPROVED b. Consider funding 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 presented to the Board an overview of the funding of the annual agreement with Regent Services for janitorial services consisting of the following: • General overnight cleaning • Floor maintenance 2 September 27, 2022 CEDC Minutes • Carpet cleaning • Special cleaning • • Porter Services He noted that the vendor has performed well and the City wishes to continue with its services and pointed out to the Board that this agreement is consistent with previous years' agreements. A motion was made to approve funding annual agreement with Regent Services (Southlake Leasing) for janitorial services for Legends Hall and Champions Club in an amount not to exceed $155,000. Motion: Kolb Second: Wang Ayes: Sturtevant, Pazera, Mundlin, Wang, Schelling, Kolb Nays: None Abstain: None Vote: 6-0-0 Motion Carried —APPROVED 5. Staff reports a. Financial Reports i. The Marq Southlake financial highlights and membership sales report Chief Financial Officer & Board Treasurer Sharen Jackson provided information about Champions Club membership trends and revenue. She informed the Board that the Marq overall is trending above target annual cost recovery at 86% as of the date of the meeting with a target of 65%. She noted that Champions Club and Legends Hall both are exceeding target annual cost recovery for the year with Champions Club at 93% cost recovery with a target of 71% and Legends Hall at 60% cost recovery with a target of 44%. The month of August saw a new high for memberships at Champions Club with 3,197 members as of August 22. She noted they are seeing continued increases in family memberships, which bring the highest revenue. ii. Sales Tax Report Chief Financial Officer& Board Treasurer Sharen Jackson presented the Board with the most recent sales tax data. She noted that the sales tax collections for the month of July are trending favorably at just under 11% above the month of June. She noted the city is still trending above budget and is projected to end the year at 5% above projected sale tax revenue. b. Economic and development activity report 3 September 27, 2022 CEDC Minutes i. Carillon Parc Public Spaces Steering Committee Director of Economic Development and Tourism Daniel Cortez provided the board an overview of the purpose and timeline of the Carillon Parc Public Spaces Steering Committee. The first meeting is scheduled for October 17. 6. Adjourn Board President Martin Schelling adjourned the meeting at 6:40 p.m. Martin Schelling, Board President Community Enhancement and Development Corporation Board Crai S vant, Board Secretary Com nity Enhancement and Development Corporation Board 4