Min EDC 8/25/2008Cibolo Economic
Development
Corporation
Board of Directors
William Law, President
Paul Sahanek, Vice President
Paul Machen, Secretary
Patricia Evans, Treasurer
Carl Garza
Thom Rober
Gloria Donovan
Staff
Nancy McBeth
Executive Director
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Wra Feaglns
Chief Financial Officer
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Todd Parton
City Manager
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Charles Zech
CEDC Attorney
Janette Ellis
CEDC Liaison
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City of Cibolo
P.O. Box 826
200 South Main
Cibolo, Texas 78108
main 210.658.9900
fax 210.658.1687
www.cibalovision.com
E x p a n d
Y o u r
s i o n
Regular Meeting of the
Cibolo Economic Development Corporation
200 S. Main
Cibolo, Texas 78108
Monday, August 25, 2008
6:30 P.M.
MINUTES
1. Call fo Order.
Chairman William Law called the meeting to order at 6:30 p.m.
2. Roll Call.
Board Members Present: William "Bill' Law, Paul Sahanek, Patricia "Pat"
Evans, Carl Garza, Gloria Donovan, and Thom Rober (entered at 6:44 p.m.)
Board Members Absent: Paul Machen
Staff Present: Nancy McBeth, Jonette Ellis, Todd Parton, Mayor Jennifer
Hartman, Lara Feagins, and Miguel Matos
3. Consider and act upon the minutes of the July 28, 2008 Cibolo Economic
Development Corporation meeting.
Following review, William Law moved to approve the minutes as written. Pat
Evans seconded the motion. Motion carried. Vote unanimous.
4. Discussion/action regarding sponsorship of the "Texas Pro Soccer Festival
2008" commemorative book.
Mr. Rodolfo Macias with the SA Newspaper was present to address the
CEDC and discussed printing of the book and its uses. Following discussion,
Paul Sahanek moved to table this item. Thom Rober seconded the motion.
Following additional discussion regarding advertising the book, Paul Sahanek
moved to amend his motion to allow for Mr. Macias to recruit advertisers for
the book as a representative of the Cibolo Economic Development
Corporation and provide information to the Board regarding potential
revenues to collect. Thom Rober seconded the motion. Motion carried.
Vote unanimous.
5. Discussion/Action regarding the FY 2008-2009 Cibolo Economic
Development Corporation draft budget.
Mr. Parton reviewed his proposed budget with the Board. Following lengthy
review, Paul Sahanek moved to approve the 2008-2009 CEDC Budget as
follows:
Contract Services
$1,500.00
Advertising/Marketing
$19,813.00
Travel and Training
$10,000.00
Dues and Fees
$3,70.00
Legal Services
$6,000.00
Professional Services
$00.00
Audit Services
$2,000.00
Clothing and Uniforms
$300.00
Office Supplies
$5,000.00
Printing
$3,000.00
Postage
$400.00
Transfer to General/Admin
$12,180.00
Debt Services
$90,000.00
Total
$149,393.00
Gloria Donovan seconded the motion. Motion carried. Vote unanimous.
6. Discussion/action regarding Incentive programs and comparative matrices.
Ms. McBeth reviewed the draft economic development incentive program
with the Board and stated that the program is still a work in progress. She
stated that the incentive program needs to provide a variety of incentives to
offer based on performance. The Board asked that this item be brought
back when completed. Discussion only; no action taken.
7. Staff Updates.
a. Cibolo Economic Development Corporation Revenues
b. Other Projects/Events/Updates
Ms. McBeth updated the Board on the Bond, and informed the Board that
the revenue reports had not been completed by the Finance Department.
Additionally, she reminded the Board Members of the training on August 27,
2008 in Bastrop.
8. Discussion/direction regarding any agenda items for the September 29, 2008
CEDC Meeting.
The Board requested the following items on the next agenda: draft
incentive questionnaire and draft business survey.
9. Adjournment.
There being no further business, William Law moved to adjourn the meeting
at 8:26 p.m. Gloria Donovan seconded the motion. Motion carried. Vote
unanimous.
Approved on September 29,
resident
William Law,