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Min EDC 01/18/2018_ I _ X ECONOMIC DEVELOPMENT C O R P 200 South Main Street P.O. Box 826, Cibolo, Texas 78108 Phone: (210) 658-9900 Fax: (210) 658-1687 w4mAbolotc.gov Regular Call Meeting Cibolo Economic Development Corporation 200 South Main, Cibolo, Texas 78108 Thursday, January 18, 2018 5:30 P.M. MINUTES 1. Call to Order— Meeting was called to order at 5:30pm by President Petersen. 2. Roll Call and Excused Absences — Members Present: Mr. Petersen, Mr. Hetzel, Mr. Chard, Mr. Buell, Ms. Walker and Mr. Thies; Members Absent: Mr. Weber; Staff Present: Mr. Luft, Ms. McVey and Ms. Cimics. 3. Invocation — Moment of Silence — President Petersen requested a Moment of Silence from all those in attendance. 4. Pledge of Allegiance —All in attendance recited the Pledge of Allegiance. 5. Citizens to be Heard This is the opportunity for visitors and guest to address the Board of Directors on an issue that is relevant to the mission and purpose of the Economic Development Corporation. The Board of Directors may not debate any non -agenda issue, nor may any action be taken on any non -agenda issue at this time, however, the Board of Director's may present any factual response to items brought up by citizens, No citizens signed up to be heard. 6. Consent Agenda. All of the following items may be acted upon by one motion. No separate discussion or action on any of the items is necessary unless desired by a Board Member. A.) Approval of Minutes for November 16, 2017 Board Meeting. B.) Presentation of the Financial Reports for September 2017. C.) Presentation of Sales Tax Reports for September 2017. D.) Presentation of the Financial Reports for November 2017. E.) Presentation of Sales Tax Report for November 2017. F.) Presentation of Quarterly Investment Report Ending September 30, 2017. Mr. Hetzel made the motion to approve the consent agenda. Motion was seconded by Mr. Thies. For: All; Against: None. Motion carried 6 to 0. Discussion and appropriate action on a response letter to the Mayor's Letter Dated June 16, 2016, by the current Board of Directors on the remaining task completed. A) "Best Practices" i.e.) Case Study Friendswood, Texas as an example. After discussion on this item it was determined by the Board of Directors that the recent studies performed by staff are in keeping and similar to best practices of other communities. Therefore, the direction this board has determined is within the current policies and procedures that are presently in place. 8. Set a date and Time for next Meeting— February 15, 2018, at 6:00 pm 9. Adjournment— Motion was made to adjourn at 6:10 pm. Motion seconded by Ms. Walker. For: All; Against: None. Motion carried 6 to 0. PASSED ND THIS 15th DAY OF FEBRUARY 2018. David Petersen President, Cibolo EDC