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Min EDC 05/06/2021* tX •LONOMIO Of Yf LOf Mf MT 100 South Main Street, P.O. Box 826, Cibolo, Texas 78108 Phone: (210) 658-9000 rax: (210) 658-1687 w .abolotx.gov Special Call Meeting Cibolo Economic Development Corporation May 6, 2021 6:30 P.M. MINUTES THE CIBOLO ECONOMIC DEVELOPMENT CORPORATION BOARD MEETING WILL BE HELD BY VIDEO CONFERENCE TO CONSIDER AND ACT UPON ANY LAWFUL SUBJECT WHICH MAY COME BEFORE SAID MEETING, INCLUDING, AMONG OTHERS, THE ITEMS LISTED ON THE AGENDA. THIS CIBOLO ECONOMIC DEVELOPMENT CORPORATION BOARD MEETING WELL BE HELD USING A VIDEO CONFERENCE SYSTEM CALLED ZOOM AND IS AUTHORIZED BY GOVERNOR GREG ABBOTT'S TEMPORARY SUSPENSION OF CERTAIN ASPECTS OF THE TEXAS OPEN MEETINGS ACT WHICH ALLOWS FOR A GOVERNING BODY TO HOLD A "VIRTUAL"MEETING SO AS TO AVOID GATHERING MEMBERS OF THE PUBLIC AND/OR COMMITTEE MEMBERS IN A PHYSICAL SETTING THAT MIGHT CONSTITUTE A PUBLIC HEALTH RISK. YOU MAY ONLY WITNESS THIS MEETING BY USING THE METHOD LISTED BELOW. Join Zoom Meeting h ttps://usO2wel).zoom.0 s/l/83944856245?pwd=aH Bg MXFVV-Eg3RCtVTIFTU3RFO i pUUT09 Meeting ID: 839 4485 6245 Passcode: 989487 Dial by your location +1346 248 7799 US (Houston) PUBLIC COMMENTS ARE TO BE SUBMITTED IN WRITING OR TEXT TO CITY SECRETARY for the meeting, public comment/input may be provided, in writing, in the form of an e-mail and shall be e-mailed to the City Secretary at pcimicsncibolotx.eov or by text by testing 210- 658-9714 no later than 30 Minutes prior to the start of the meeting SO THAT THE CITY SECRETARY MAY READ THE PUBLIC COMMENTS INTO THE RECORD UNDER ITEM #3. In the body of the email or text please Include your name, your address, phone number, agenda item # if applicable or subject of discussion, and your comments. The Public may view the meeting by going to the city's website at: www.cibolotx ,,ov click on Agendas, Minutes & Videos. Click on the meeting you wish to view. 1. Call to Order — Meeting was called to order by President Mr. Thies at 6:31 p.m. 2. Roll Call and Excused Absences —Members Present: Mr. Thies, Ms. Walker, Mr. Mattingly, Mr. Hamann, Ms. Qaiyyim, Mr. Monteguc and Mr. Gardner. 3. Citizens to be Heard (limit remarks to 3 minutes) The Board of Directors (Board) of the Cibolo Economic Development Corporation (EDC) will now open the floor to members of the public for public comment. All individuals wishing to speak must fill out the Sign -In Roster prior to the start of the meeting. Individuals will he called in the order they registered on the Sign -In Roster prior to the beginning of the meeting. Comments may relate to general matters involving the EDC or a specific item(s) on the Board's agenda. Comments shall be limited to three (3) minutes per individual. Comments relating to general matters involving the EDC shall be presented during the Citizens to be Heard session at the beginning of the meeting. Comments relating to a specific item(s) on the Board's agenda may be presented either (a) during the Citizens to be Heard session at the beginning of the meeting or (b) during consideration of each specific agenda item(s). Individuals shall indicate on the Sign -In Roster their choice to either comment (a) during the Citizens to be Heard session at the beginning of the meeting; or (b) during consideration of the specific agenda item(s). No individual shall transfer his/her allotted time to comment to another individual. If (a) an individual needs a translator to translate his/her public comments, and (b) the Board is not providing translation equipment that allows the Board to hear translated public cormnents simultaneously, the comments of an individual using a translator shall be limited to six (6) minutes per individual. The EDC may not debate any non -agenda issue, nor may any action be taken on any non -agenda issue at this time; however, the EDC may present any factual response to items brought up by individuals. (Attorney General Opinion — JC -0169) All remarks shall be addressed to the EDC as a body, and not to any individual Board member thereof. Public criticism of any act, omission, policy, procedure, program or service of the EDC and/or the Board is not prohibited, but the Board does expect that all individuals shall exercise decorum during the conduct of the meeting. Any individual engaging in disruptive behavior, including shouting, the use of vulgar language or gestures, or derogatory comments and statements intended to incite a breach of the peace, and/or preventing, interfering, or otherwise obstructing a lawfully called meeting, may be requested to leave the meeting. This meeting is livestreamed. If anyone would like to make comments on any matter regarding the City of Cibolo or on an agenda item and have this item read at this meeting please email peimics(r�cibolotx.eov or text 210- 514-3495 before 6:OOpm the date of the meeting. No citizens to be heard. 4. Discussion/Action A. Discussion and action regarding the approval of a financing plan, proposed term sheet, timetable, and other matters in connection with the Corporation's issuance of debt obligations. This item was briefed by Victor Quiroga and Lauren Ferrero. The Corporation members were given an overview of the proposed plan of finance and a timeline for a successful financing. B. Presentation, discussion and/or possible action on the employment of professional firms to perform appraisal, surveying and environmental impact assessment services in an amount not to exceed $10,000 per service contract in connection with the purchase of an approximate 16.615 acres located at 590 W. FM 78 in Cibolo, Texas 78108 ("FM 78 Property") for the purposes of promoting and developing new or expanded business enterprises for the economic welfare of the City of Cibolo, Texas; and authorizing the President of the Cibolo Economic Development Corporation Board of Directors to negotiate and sign contracts with the professional firms to perform appraisal, surveying and environmental impact assessment services in an amount not to exceed $10,000 per service contract in connection with the purchase of the FM 78 Property, and carry out all tights, duties and obligations of the Cibolo Economic Development Corporation under these contracts. All members discussed this item. Mr. Montegue made the motion to authorize the President Mr. Thies to go out for bids to perform appraisal, surveying, and environmental impact assessment service in the amount not to exceed $10,000 in connection with the purchase of approximately 16.615 acres. Motion was seconded by Mr. Mattingly. For: All; Against: None. Motion carried 7 to 0. 5. Resolutions A. Approval/Disapproval of a resolution setting a public hearing on the expenditure of sales tax revenues relating to various projects; providing a notice of the specific projects or type of general projects to be undertaken; approving and authorizing the publications of a notice of the public hearing relating to the matters; and other matters in connection therewith. Mr. Hamann made the motion to approve a resolution setting a public hearing on the expenditure of sales tax revenues to acquire land to promote economic development; providing approving and authorizing the publications of a notice of the public hearing relating to the matters; and other matters in connection therewith. Motion was seconded by Mr. Monteguc. For: All; Against: None. Motion carried 7 to 0. 6. Set a Date and Time for next Meeting— May 20, 2021 at 6:30 p.m. 7. Adioumment Mr. Hamann made the motion to adjourn the meeting at 6:52 p.m. Motion was seconded by Mr. Montegue. For: All; Against: None. Motion carried 7 to 0. PAS ED AND APPROVED THIS 20" DAY OF MAY 2021. C� Robe t Thies President Economic Development Corporation