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2025-10-28 CEDC MeetingCITY OF SOUTHLAKE TEXAS COMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION MEETING TUESDAY, OCTOBER 28, 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 20, 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 exceation. at the end of the Reaular Session or at any time during the meeting that a need arises for the Community Enhancement and Develoament Coraoration to deliberate reaardina economic develoament negotiations. a. Section 551.087: Deliberation regarding economic development negotiations - Discuss the terms and conditions of an economic development incentive program - Proiect No. 2025-01. b. Section 551.087: Deliberation regarding economic development negotiations - Discuss the terms and conditions of an economic development incentive program - Proiect No. 2024-01. 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. Review and discuss the implementation of Strategic Priorities for FY 2026 5. Consider approval of the annual Community Enhancement and Development Corporation expenditure with Tactical Systems Network LLC for security services at The Marq Southlake in an amount not to exceed $215,000. 6. Consider approval of the annual Community Enhancement and Development Corporation expenditure with Davidson Reconstruction Inc., dba DRI Construction, for facility construction, remodel, and repair services at The Marq Southlake in an amount not to exceed $655,000. 7. Consider approval of the annual Community Enhancement and Development Corporation expenditure with Marathon Fitness for the purchase and maintenance of fitness equipment at The Marq Southlake in an amount not to exceed $290,000. CITY OF SOUTHLAKE TEXAS 8. Consider approval of the annual Community Enhancement and Development Corporation expenditure with Sunbelt Pools Inc. for aquatic equipment maintenance and replacement at The Marq Southlake in an amount not to exceed $125,000. 9. Staff reports: a. Financial reports The Marq Southlake financial highlights and membership sales report Sales tax report b. Economic and development activity report 10. 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, October 21, 2025, by 6:00 p.m., pursuant to Chapter 551 of the Texas Government Code. `YO{Spl11Hq `� / r N i...........`, 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.