2025-08-20 CEDC MeetingCOMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION MEETING
WEDNESDAY, AUGUST 20, 2025
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 August 4, 2025, Community Enhancement and Development
Corporation meeting
3. 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 Regular Session or at any time during the
meeting that a need arises for the Community Enhancement and Development Corporation to
deliberate regarding 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. 2025-01. 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.
4. Staff reports:
a. Financial reports
i. Sales tax report
b. Economic and development activity report
5. 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 official bulletin boards at Town Hall, 1400 Main
Street, Southlake, Texas on Tuesday, August 12, 2025, by 6:00 p.m., pursuant to Chapter 551 of the Texas
Government Code.
_________________________________
Amy Shelley, TRMC
City Secretary
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 accommodation will be made to assist you.
CITY .OF
SOUTHLAKE
TEXAS
SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION
BOARD MEETING MINUTES: Wednesday, August 20, 2025
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, Vice President Mike Pazera,
Board Secretary Craig Sturtevant, and Bob Mundlin
COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD
MEMBERS ABSENT: Jeff Wang and Eric Wang
STAFF PRESENT: Chief Financial Officer & Board Treasurer Sharen Jackson, Deputy
Director of Community Services Ryan McGrail, and Director of Economic Development&
Tourism Daniel Cortez
1. Call to order:
Board President, Martin Schelling, called the,meeting to order at 6:01 p.m.
2. Consider approving the minutes from the August 4, 2025, Community
Enhancement and Development Corporation meeting:
A motion was made to approve the minutes from the August 4, 2025, CEDC meeting.
Motion: Mundlin
Second: Pazera
Ayes: Schelling; Pazera, Sturtevant, Mundlin
Nays: None
Abstain: None
Vote: 4-0-0
Motion Carried—APPROVED
3. Executive Session: Pursuant to the Open Meetings Act, Chapter 551, Texas
Government Code, Section 551.087 — Deliberation regarding economic
development negotiations
a. Discuss the terms and conditions of an economic development incentive
program - Project No. 2025-01.
Wednesday,August 20, 2025 CEDC Minutes
• Executive Session began at 6:03 p.m.
• Executive Session concluded at 6:31 p.m.
4. Staff Reports
a. Financial Reports
i. Sales Tax report
Chief Financial Officer and Board Treasurer Jackson updated the Board with
current sales tax trends noting that we are currently above budget for the year.
She stated the City had a 3.37% increase over last year for revenue in the
month of June. She also informed the board that we're about 2.03% above
year-to-date collections.
b. Economic and Development Activity Report
Director Cortez reminded the Board there will be no meeting in September and
the next meeting will be held in October. Board Member Bob Mundlin was also
commended and recognized for his years of service to the Board noting he will be
stepping down at the end of the fiscal year.
5. Adjourn:
Board President, Martin Schelling, adjourned the meeting at 6:33 p.m.
Martin Schelling, Board President
Community Enhancement and Development Corporation Board
Craig Sturtevant, Board Secretary
Community Enhancement and Development Corporation Board
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