2026-02-24 CEDC MeetingCOMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION MEETING
TUESDAY, FEBRUARY 24, 2026
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 October 28, 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.
2026-01.
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. The Marq Southlake
a. Consider funding the replacement of network switches with NetSync Network Solutions in
an amount not to exceed $170,000.
b. Consider funding for the replacement of audio and video equipment with Ford AV in an
amount not to exceed $458,000.
5. Staff Reports
a. Financial reports
i. The Marq Southlake financial highlights and membership sales report
ii. Sales tax report
b. Economic and development activity report
6. Adjourn
A quorum of the City Council, board, or commission, 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, February 17, 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.
J
CITY .OF
SOUTHL:AKE
TEXAS
SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION
BOARD MEETING MINUTES: Tuesday, February 24, 2026
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, Secretary Craig Sturtevant, Jennifer
Kolb, Chad Patton, Jeff Wang
COMMUNITY ENHANCEMENT AND DEVELOPMENT. CORPORATION BOARD
MEMBERS ABSENT: Vice President Mike Pazera
STAFF PRESENT:. Director of Economic .Development & Tourism .Daniel Cortez,
Economic Development and Tourism Manager Dylan Duque, Chief Financial Officer &.
Board Treasurer Sharen Jackson, Deputy Director of Community Services Ryan McGrail
1. Call to order:
Board President, Martin Schelling, called.the meeting to order at 6:02 p.m.
2. Consider- approving the minutes from the .October. 28, 2025, Community
Enhancement and Development Corporation meeting:
A motion was made to approve the minutes from the October 28, 2025, CEDC
meeting.
Motion: C. Patton
Second: C. Sturtevant
Ayes: M. Schelling, C. Sturtevant, J. Kolb, C. Patton
Nays: None
Abstain: J. Wang
Vote: 4-0-1
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. 2026-01.
.�
February 24, 2026, CEDC Minutes
• Executive Session began at 6:03 p.m.
• Executive Session concluded at 6:37 p.m.
4. The Marq Southlake
a. Consider funding the replacement of network switches with NetSync
Network Solutions in an amount not to exceed $170,000.
Chief Financial Officer and Board Treasurer Jackson presented this item to the
board, seeking approval of funding the replacement of network switches with
NetSync Network Solution in an amount not to exceed $170,000.
A motion was made to approve funding the replacement_of network switches with
NetSync Network Solutions in an amount not to exceed $170,000.
Motion: C. Patton
Second: J. Wang
Ayes: M. Schelling, C. Sturtevant, J. Kolb, C. Patton, J. Wang
Nays: None
Abstain:. None
Vote: 5 - 0
Motion Carried —APPROVED
b. Consider funding for the replacement of audio and video equipment with
Ford AV in an amount not to exceed $458,000.
Chief Financial Officer and Board Treasurer Jackson presented this item to the
board, seeking approval of funding for the replacement of audio and video
equipment with Ford AV in an amount not to exceed $458,000.
A motion was made to approve funding for the replacement of audio and video
equipment with Ford AV in an amount not to exceed $458,000.
Motion: J. Wang
Second: J. Kolb
Ayes: M. Schelling, C. Sturtevant, J. Kolb, C. Patton, J. Wang
Nays: None
Abstain: None
Vote: 5 - 0
Motion Carried —APPROVED
5. Staff reports:
a. Financial Reports
2
February 24, 2026, CEDC Minutes
i. The Marq Southlake financial highlights and membership sales report
Chief Financial Officer and Board Treasurer Jackson updated the Board with
membership trends and information, as well as Legends Hall reservations and
projections. She expects the Marq to reach all target goals by the end of the
fiscal year.
ii. Sales tax report
Chief Financial Officer and Board Treasurer Jackson reported that the 2025
December numbers were larger than normal and attested the increase to sales
from an exceptional holiday shopping season, as well as an audit adjustment.
b. Economic and development activity report
Director Cortez provided an update to the board regarding a future presentation of
the 2025 Business Climate Survey results. He also informed the Board about the
Southlake Open Rewards program and its status with funding, marketing, and
coordination with local businesses.
6. Adjourn
a. Board President, Martin Schelling, adjourned the meeting at 6:50 p.m.
Martin Schelling, oard President
Community Enhancement and Development Corporation Board
Craig%turtevant, Board Secretary
Community Enhancement and Development Corporation Board
3