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Min EDC 09/20/2018*tX ECONOMIC DEVELOPMENT 200 South Main Street, P.O. Box 826, Clholo, Texas 78108 Phone: (210) 658-9900 Fax: (210) 658-1687 v .ciholotx.gov Regular Call Meeting Cibolo Economic Development Corporation 200 South Main, Cibolo, Texas 78108 Thursday, September 20, 2018 6:00 P.M. MINUTES A possible quorum of the City Council may attend the Cibolo Economic Development Corporation meeting. 1. Call to Order— Meeting was called to order at 6:01pm by Vice President Chard. 2. Roll Call and Excused Absences —Members Present: Mr. Chard, Mr. Hetzel, Mr. Thies, Mr. Weber, Ms. Walker; Members Absent: Mr. Petersen (excused). Council/Staff present: M. Luft, A. Miranda, and A. Valdez. Mr. Thies made the motion to approve the request for an excused absence by Mr. Petersen. The motion was seconded by Ms. Walker. For: All; Against: None. Motion carried 5-0. 3. Invocation —Moment of Silence —Mr. Chard led all present in an invocation. 4. Pledge of Allegiance —All present recited the Pledge of Allegiance. 5. Citizens to be Heard (limit remarks to 3 minutes) This is the opportunity for visitors and guests 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. (Texas Attorney General Opinion —JC -0169) (Limit of three minutes each) OTHER THAN A PUBLIC HEARING THIS IS THE ONLY OPPORTUNITY A CITIZEN CAN BE HEARD DURING THIS MEETING. All remarks shall be addressed to the Board of Directors as a body, and not to any individual member thereof. — No citizens signed up to speak at this meeting. 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 August 23, 2018 Board Meeting. B.) Presentation of the Financial Reports for July 2018. C.) Presentation of Sales Tax Reports for July 2018. Ms. Walker made the motion to approve the consent agenda. The motion was seconded by Mr. Weber. For: All; Against: None. Motion carried 5-0. Review and Approval of a Resolution of the Board of Directors of the Cibolo Economic Development Corporation, Amending, Reviewing, and Approving the Investment Policy: Providing a Repealing Clause; Providing a Severability Clause; and Providing for an Effective Date. (Anna Miranda, Finance Director) — Ms. Miranda gave a short overview to the board regarding the agenda item. Mr. Hetzel made the motion to approve the Resolution of the Board of Directors of the Cibolo Economic Development Corporation, Amending, Reviewing, and Approving the Investment Policy Providing a Repealing Clause; Providing a Severability Clause; and Providing for an Effective Date. The motion was seconded by Mr. Weber. For: All; Against: None. Motion carried 5-0. 8. Briefing and discussion on matters relating to infrastructure impact of the City for proper support current community needs as well as future growth of the region. A.) Natural Gas Infrastructure. Mr. Luft introduced representatives from CenterPoint Energy: Nelda Juarez, Devin Kleinfelder and Robert Sanders. Ms. Juarez gave the board a presentation regarding the growth trend statistics along the IH35 corridor. The board asked questions regarding the procedures and possibility of providing service to more communities in Cibolo and a discussion regarding the possible future partnership to bring this amenity to Cibolo's residents. 9. Briefing, discussion and possible action regarding the subcommittee review of the goals and metrics for the upcoming year. (Mr. Chard) — Mr. Chard went over the results of the subcommittee's review of the goals and metrics in the upcoming year. After a short discussion amongst board members there was no action taken to allow Mr. Petersen to review and give input. 10. Set a Date and Time for next Meeting —Tentatively- October 18, 2018, at 6:00 pm.— The meeting date and time was confirmed. 11. Adjournment—Mr. Weber made the motion to adjourn the meeting at 6:54pm. The motion was seconded by Mr. Thies. For: All; Against: None. Motion carried 5-0. PASSED AND APPROVED THIS 18TH DAY OF OCTOBER, 2018. Q, �? �- David Petersen President, Cibolo EDC