2026-05-26 CEDC MeetingCOMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION MEETING
TUESDAY, MAY 26, 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 March 24, 2026, Community Enhancement and
Development Corporation meeting
3. Economic Development
a. Consider a recommendation to City Council to reauthorize the City's tax abatement policy
4. The Marq
a. Discuss Champions Club Fees
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, commission, or committee 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, May 19, 2026, 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
SOUTH LAKE
TEXAS
SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION
BOARD MEETING MINUTES: Tuesday, May 26, 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, Vice President Mike Pazera,
Secretary Craig Sturtevant, Jennifer Kolb, Chad Patton, and Jeff Wang
COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION BOARD
MEMBERS ABSENT: None
STAFF PRESENT: Director of Economic Development & Tourism Daniel Cortez,
Economic Development & 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 6:01 p.m.
2. Consider approving the minutes from the March 24, 2026, Community
Enhancement and Development Corporation meeting:
A motion was made to approve the minutes from the March 24, 2026, CEDC meeting.
Motion: C. Patton
Second: M. Pazera
Ayes: M. Schelling, C. Sturtevant, J. Kolb, C. Patton, M. Pazera
Nays: None
Abstain: J. Wang
Vote: 5-0-1
Motion Carried —APPROVED
3. Economic Development
a. Consider a recommendation to City Council to reauthorize the City's tax
abatement policy
May 26, 2026, CEDC Minutes
Director of Economic Development & Tourism Daniel Cortez provided the board
with current and proposed tax abatement policy thresholds. Director Cortez
highlighted the proposed increase to average annual total compensation.
A motion was made to approve the reauthorization of the City's tax abatement policy.
Motion: J. Wang
Second: C. Patton
Ayes: M. Schelling, C. Sturtevant, J. Kolb, C. Patton, M. Pazera, J. Wang
Nays: None
Abstain: None
Vote: 6-0
Motion Carried —APPROVED
4. The Marq
a. Discuss Champions Club Fees
Deputy Director of Community Services Ryan McGrail informed the board about
opportunities for fees, as well as the strategy behind them. After discussing the
market analysis and rate & fee history with the board, Deputy Director McGrail
went over potential fee schedule adjustments.
5. 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
the Marq Southlake membership trends and cost-recovery information.
ii. Sales tax report
Chief Financial Officer and Board Treasurer Jackson reported that the 2026
numbers continue to exhibit their strength, as well as retailers within
Southlake.
b. Economic and development activity report
Director of Economic Development and Tourism Daniel Cortez provided an update
to the board regarding previous incentives including Dakota's Steakhouse and The
Westin. Director Cortez also updated the board on the progress of a developer's
agreement with Trademark Property Company.
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May 26, 2026, CEDC Minutes
6. Adjourn
a. Board President, Martin Schelling, adjourned the meeting at 6:30 p.m.
artin Schelling, Board President
Community Enhancement and Development Corporation Board
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Craig Sturtevant, Board Secretary
Community Enhancement and Development Corporation Board
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