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Min EDC 05/21/2020 cibolo*tx ECONOMIC DEVELOPMENT C a e P 200 South Main Street,P.O.Box 826,Cindo,Texas 781DB Phone:(210)658-WO Fax:(210)668-1687 waw.ciloolots.gor Regular Call Meeting Cibolo Economic Development Corporation 200 South Main, Cibolo,Texas 78108 Thursday, May 21,2020 6:00 P.M. MINUTES 1. Call to Order—Meeting was called to order by Mr.Thies at 6:00 p.m. 2. Roll Call and Excused Absences — Members Present: Mr. Thies, Ms. Walker, Mr. Mattingly, Mr. Gardner and Mr. Montague; Members Absent: Mr. Hamann. Mr. Mattingly made the motion to excuse the absence of Mr. Hamann. Motion was seconded by Ms.Walker. For:All;Against:None. Motion carried 5 to 0. 3. Invocation — Moment of Silence — Mr. Thies ask for a Moment of Silence from all those in attendance. 4. Pledge of Allegiance—All those in attendance recited the Pledge of Allegiance. 5. Presentation to former Board Members Dave Petersen and Randy Chard in recognition for their service to the Cibolo Economic Development Corporation. Mr.Thies and Mr. Luft presented a recognition of service to both Mr. Petersen and Mr. Chard for their time serving the Economic Development Corporation. 6. 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-1C-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. Public criticism of the Board of Directors or any action,policy program or service provided by the City is not prohibited. However, any person making personal, impertinent or slanderous remarks to individual members of the Board while addressing the Board may be requested to leave the meeting. DUE TO THE GOVERNORS DELARATION WE CANNOT HAVE MORE THAN 10 PEOPLE IN THE COUNCIL CHAMBERS DURING THIS MEETING.This meeting is Iivestreamed.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 pclmics@cibolotx.gov or text 210-514-3495 before 6:00pm the date of the meeting. No citizens signed up to be heard. 7. 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 March 19,2020 Board Meeting. B.) Presentation of the Financial Reports for March 2020. C.) Presentation of Sales Tax Reports for March 2020. D.) Presentation of Quarterly Investment Report Ending March 31, 2020 E.) Presentation of the CEDC Metrics for January 1,2020—March 31,2020. Mr. Montegue made the motion to approve the consent agenda. Motion was seconded by Mr. Gardner. For:All;Against: None. Motion carried 5 to 0. S. PUBLIC HEARING:The Cibolo Economic Development Corporation (CEDC)will hold the first public hearing on Thursday,May 21,2020,at 6:00 p.m.and a second public hearing on Thursday,June 18, 2020, at 6:00 p.m.to be conducted at Cibolo City Hall, 200 South Main Street, Cibolo,Texas. The purpose of this hearing is to hear public testimony regarding the TXDOT IH-35 RENAMING SIGNAGE FROM WIEDERSTEIN ROAD TO CIBOLO VALLEY DRIVE PROJECT. In accordance with Texas Local Government Code 505.103, the City of Cibolo has requested from the CEDC Board of Directors (the CEDC Board) an economic development grant. The purpose of this grant is to support a "Project" that provides required or suitable infrastructure necessary to promote or develop new or expanded business enterprises, limited to streets and roads,rail spurs, water and sewer utilities,electric utilities,or gas utilities,drainage,site improvements,and related improvements. This "Project' will require a budget amendment to the CEDC FY 2019/2020 budget in an amount not to exceed $45,000.00 for the renaming of Wiederstein Road to Cibolo Valley Drive. The final cost associated with signage replacement along IH-35 will be provided by TXDOT.The CEDC Board has determined and declared that this project is an infrastructure improvement expenditure and is found to be required and suitable for infrastructure necessary to promote and develop new expanded business enterprises related to streets and roads. Mr.Thies open the Public Hearing at 6:11 p.m. No individuals wish to speak and Mr.Thies closed the Public Hearing at 6:12 p.m. 9. First Reading—NO ACTION-A Resolution by the Board of Directors of the City of Cibolo Economic Development Corporation to support A Resolution By The Board Of Directors Of The City of Cibolo Economic Development Corporation to support future commercial, retail and other economic activities forthcoming,therefore providing a larger tax base for the City of Cibolo. The CEDC Board has determined and declared thatthis project is an infrastructure improvement expenditure and is found to be required and suitable for infrastructure necessary to promote and develop new expanded business enterprises related to streets and roads. TXDOT IH-35 RENAMING SIGNAGE FROM WIEDERSTEIN ROAD TO CIBOLO VALLEY DRIVE PROJECT. First read of a Resolution to support future commercial, retail and other economic activities. No action required at this time. 10. Discussion, direction and appropriate action to consider the request from The Commons Holding Company dba Concrete Yoga located at 203 Rawe in the Oldtown/Downtown Business Area to amend the original Business Improvement Grant(BIG) Program grant application scope of work as approved by the Board of Directors on June 20,2019. Ms. Walker made the motion to approve the request from The Commons Holding Company dba Concrete Yoga located at 203 Rawe in the Oldtown/Downtown Business Area to amend the original Business Improvement Grant (BIG) Program grant application scope of work as approved by the Board of Directors on June 20,2019. Motion was seconded by Mr.Gardner. For:All;Against:None. Motion carried 5 to 0. 11. Discussion, direction, and appropriate action regarding a postponement grant payment of $23,500.00 in accordance with the economic incentive agreement between the Cibolo Economic Development Corporation(CEDC)and Samikos Cibolo Theater Realty, I.I.C. Mr. Mattingly made the motion to postpone this item. Motion was seconded by Mr.Gardner. For: All;Against: None. Motion carried 5 to 0. 12. Discussion, direction, and appropriate action as needed regarding the CEDC Budget for the remainder of FY 2019-2020 as a result of the coronavirus pandemic. The Board gave direction to look at different options for possible savings for the remainder of this fiscal year. 13. Presentation, discussion, direction, and appropriate action as needed regarding the CEDC Budget for FY 2020-2021 as recommended by the Cibolo Economic Development Corporation subject to final approval of the City Council. The Board talked about adding another person to the Economic Development as a Marketing individual. They also discussed possible reducing the cost on the marketing for the Chamber. They talked about several different options. They wanted to maintain the grant program for the next years budget. 14. Discussion, direction and/or appropriate action on the recommendations of the subcommittees review of the current Bylaws. This item was postponed. 15. Set a Date and Time for next Meeting—Tentatively—June 18,2020,at 6:00 pm. The Board agreed that the meeting for June will be on June 17 at 6pm. 16. Adjournment — Mr. Gardner made the motion to adjourn the meeting at 7:29pm. Motion was seconded by Ms.Walker, For:All;Against: None. Motion carried 5 to 0. EEND APPROVED T IS 17'"DAY OF LUNE 2020. ies Chairman