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2024-08-06 SPDC Minutes CITY OUF SOTHLAKE SOUTHLAKE PARKS DEVELOPMENT CORPORATION MEETING MINUTES AUGUST 6, 2024 LOCATION: Southlake Town Hall, City Council Chambers, 1400 Main Street, Southlake, Texas SPDC MEMBERS PRESENT: Members Tamara McMillan, Magdalena Battles, Kathy Talley, Ronell Smith, and Randy Williamson. SPDC MEMBERS ABSENT: Lori Palmer and Amy Torres-Lepp STAFF PRESENT: Director of Community Services David Miller, Chief Financial Officer Sharen Jackson, and City Secretary Amy Shelley. REGULAR AGENDA: 1. CALL TO ORDER Southlake Parks Development Corporation President Randy Williamson called the SPDC meeting to order at 4:19 p.m. 2. CONSENT 2A. APPROVAL OF THE MINUTES FROM THE SOUTHLAKE PARKS DEVELOPMENT CORPORATION MEETING HELD ON JUNE 4, 2024. President Williamson presented Item 2A, and there were no questions from the board. APPROVED A motion was made to approve the minutes from the Southlake Parks. Development Corporation meeting held on June 4, 2024, as written. Motion: McMillan Second: Smith Ayes: Talley, Williamson, McMillan, Smith, Battles Abstain: None Absent: Palmer, Torres-Lepp Approved: 5-0 3. PUBLIC FORUM President Williamson opened the public forum at 4:19 p.m. There being no one wishing to speak, President Williamson closed the public forum at 4:19 p.m. Southlake Parks Development Corporation Meeting Minutes—August 6, 2024 Page 1 of 3 4. CONSIDER 4A. ELECTION OF SPDC VICE PRESIDENT AND SECRETARY APPROVED A motion was made to elect Ronell Smith as Vice President and Magdalena Battles as Secretary. Motion: McMillan Second: Smith Ayes: Talley, Williamson, McMillan, Smith, Battles Abstain: None Absent: Palmer, Torres-Lepp Approved: 5-0 4B. RECOMMENDATION ON THE PROPOSED FY 2025 SPDC OPERATING BUDGET. PUBLIC HEARING Director of Community Services David Miller presented Item 4B and answered questions from the Board. President Williamson opened the public hearing at 4:34 p.m. There being no one wishing to speak, President Williamson closed the public hearing at 4:34 p.m. APPROVED A motion was made to approve Item 4B, the proposed FY 2025 SPDC Operating Budget. Motion: McMillan Second: Smith Ayes: Talley, Williamson, McMillan, Smith, Battles Abstain: None Absent: Palmer, Torres-Lepp Approved: 5-0 5. DISCUSSION 5A. CAPITAL IMPROVEMENT BUDGET NEXT STEPS Director of Community Services David Miller presented Item 5A and answered questions from the Board, explaining that the process is October-February, with SPDC making their recommendations in January. Southlake Parks Development Corporation Meeting Minutes—August 6, 2024 Page 2 of 3 5B. SALES TAX REPORT Chief Financial Officer Sharen Jackson provided an overview of the sales tax report, and no action was required. 6. ADJOURNMENT Meeting was adjourned by President Williamson at 4:43 p.m. MINUTES APPROVED BY SPDC ON THIS, THE 1ST DAY OF OCTOBER 2024. Randy Williamson, President Southlake Parks Development Corporation ATTEST: • `‘.‘ SpUTH�q �.,, `` F O • A S ell y ity Seerefary So lake rks DevelpprMent CorporOion Liaison Southlake Parks Development Corporation Meeting Minutes—August 6, 2024 Page 3 of 3