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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. CITY OF . . SOUTHLAIE TEXAS SOUTHLAKE COMMUNITY ENHANCEMENT AND.DEVELOPMENT CORPORATION BOARD MEETING MINUTES: Tuesday, October 28, 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: President Martin Schelling, Vice President Mike Patera,. Secretary Craig Sturtevant, Jennifer Kolb; Chad Patton, Eric Wang COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD. MEMBERS ABSENT: Jeff Wang STAFF PRESENT: Director of Economic Development. & .Tourism .Daniel Cortez,: Economic Development and Tourism Manager Dylan Duque, Chief Financial.Officer & Board Treasurer Sharen Jackson, Chief of Police Ashleigh Casey, Deputy Director of Community Services Ryan McGrail . 1. Call to order: Board President, Martin Schelling, called the meeting to order at 6:00 p.m.. 2. Considers approving the minutes from the August 20, 2025, Community Enhancement and Development Corporation meeting: A motion was made to approve the minutes from the.August 20, 2025, CEDC meeting. Motion: M. Pazera Second: C. Sturtevant Ayes: M. Schelling, M. Pazera, C. Sturtevant, J. Kolb, C. Patton, E. Wang Nays: None Abstain_ : None Vote: . 6 - 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. 2024-01. October 28, 2025, CEDC Minutes • Executive Session began at 6:01 p.m. • Executive Session concluded at 6:14 p.m. 4. Review the Implementation of the CEDC Strategic Priorities for FY 2026. Director Cortez reviewed the work outlined for the CEDC in FY 2026 and FY 2025 accomplishments. FY 2026 priorities include: • Reviewing and providing feedback on the Business Recruitment Program • Reviewing and providing feedback on the 2025 Business Climate Survey • ' Providing feedback and direction on the strategic goals of the Tourism Master Plan • Reviewing and providing feedback on Commercial Center Site Assessments • Reviewing and providing feedback on Vacant Land Site Assessments • Review Quarterly Economic and Hospitality Reports • Participate in Business Engagement Opportunities 5. Consider approval of the annual CEDC expenditure with Tactical Systems Network LLC for security services at the Marq Southlake in an amount not to exceed $215,000. Deputy Director McGrail presented this item to the board, seeking approval of the annual CEDC expenditure with Tactical Systems Network LLC for security services at the Marq Southlake in an amount not to exceed $215,000. A motion was made to approve the annual CEDC expenditure with Tactical Systems Network LLC for security services at the Marq Southlake in an amount not to exceed $215,000. Motion: M. Pazera Second: C. Patton Ayes: M. Schelling, M. Pazera,.C. Sturtevant, J. Kolb, C. Patton, E. Wang Nays: None Abstain: None Vote: 6 - 0 Motion Carried —APPROVED 6. Consider approval of the annual CEDC 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. Deputy Director McGrail presented this item to the board, seeking approval of the annual CEDC expenditure with Davidson Reconstruction Inc., dba DRI Construction, 2 October 28, 2025, CEDC Minutes for facility construction, remodel, and repair services at The Marq Southlake in an amount not to exceed $655,000. A motion was made to approve the annual CEDC 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. Motion: M. Pazera Second: J. Kolb Ayes: M. Schelling, M. Pazera, C. Sturtevant, J. Kolb, C. Patton, E. Wang Nays: None Abstain: None Vote: 6 - 0 Motion Carried —APPROVED 7. Consider approval of the annual CEDC expenditure with Marathon Fitness for the purchase and maintenance of fitness equipment at The Marq Southlake in an amount not to exceed $290,000. Deputy Director McGrail presented this item to the board, seeking approval of the annual CEDC expenditure with Marathon Fitness for the purchase and maintenance of fitness equipment at The Marq Southlake in an amount not to exceed $290,000. A motion was made to approve the annual CEDC expenditure with Marathon Fitness for the purchase and maintenance of fitness equipment at The Marq Southlake in an amount not to exceed $290,000. _- Motion: M. Pazera Second: E. Wang Ayes: M. Schelling, M. Pazera, C. Sturtevant, J. Kolb, C. Patton, E. Wang Nays: None Abstain: None Vote: 6 - 0 Motion Carried —APPROVED 8. Consider approval of the annual CEDC expenditure with Sunbelt Pools Inc. for aquatic equipment maintenance and replacement at The Marq Southlake in an amount not to exceed $125,000. � r Deputy Director McGrail presented this item to the board, seeking approval of the annual CEDC expenditure with Sunbelt Pools Inc. for aquatic equipment maintenance and replacement at The Marq Southlake in an amount not to exceed $125,000. 3 October 28, 2025, CEDC Minutes A motion was made to approve the annual CEDC expenditure with Sunbelt Pools Inc. for aquatic equipment maintenance and replacement at The Marq Southlake in an amount not to exceed $125,000. Motion: M. Pazera Second: E. Wang Ayes: M. Schelling, M. Pazera, C. Sturtevant, J. Kolb, C. Patton, E. Wang Nays: None Abstain: None Vote: 6 - 0 Motion Carried —APPROVED 9. Staff reports: a. Financial Reports i. The Marq Southlake financial highlights and membership sales report Chief Financial Officer and Board Treasurer Jackson updated the Board with overall cost recovery information from FY 2025. Although there was a decrease in memberships, she stated that the Marq, Champions Club, and Legends Hall exceeded their cost recovery target numbers. ii. Sales tax report Chief Financial Officer and Board Treasurer Jackson reported year to date that the collections were slightly over 5% higher compared to the prior year. She also stated that local shopping centers and industries are steadily performing. b. Economic and development activity report Director Cortez provided an update to the board regarding the scheduling of meetings in FY 2026, as well as informed the board of the recent hiring of the Economic Development and Marketing Manager, Ryan Snyder. 10.Adjourn a. Board President, Martin Schelling, adjourned the meeting at 6:40 p.m. artin Schelling, Board President Community Enhancement and Development Corporation Board Craig Sturtevant, Board Secretary Community Enhancement and Development Corporation Board 4