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HomeMy WebLinkAbout03-05-2026 CDC/EDC Agenda Packet MEETING AGENDA ANNA COMMUNITY DEVELOPMENT CORPORATION AND ANNA ECONOMIC DEVELOPMENT CORPORATION Thursday, March 5, 2026 @ 6:00 PM The CDC/EDC of the City of Anna will meet on Thursday, March 5, 2026 at 6:00 PM, in the Anna Municipal Complex – Council Chambers, located at 120 W. 7th Street, to consider the following items. 1. Call to Order, Roll Call, and Establishment of Quorum. 2. Invocation and Pledge of Allegiance. American Pledge: I pledge allegiance to the flag of the United States of America, and to the Republic for which it stands, one nation under God, indivisible, with liberty and justice for all. Texas Pledge: Honor the Texas flag; I pledge allegiance to thee, Texas, one state under God, one and indivisible. 3. Neighbor Comments. Persons may address the Board of Directors on items not on the agenda; please observe the time limit of three (3) minutes. Members of the Board cannot comment on or deliberate statements of the public except as authorized by Section 551.042 of the Texas Government Code. 4. Consent Agenda. a. Approve minutes from the February 5, 2026, Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) b. Approve minutes from the February 5, 2026, Joint Community Development Corporation and Economic Development Corporation Meeting. (EDC) 5. Items For Individual Consideration. a. Consider/Discuss/Action on Resolution No. 2026-03-4 approving an amendment to the FY 2025-2026 Budget to carry forward $4,980,437.00 in unexpended land acquisition funds. (CDC) b. Consider/Discuss/Action on Resolution No. 2026-03-5 approving an amendment to the FY 2025–2026 Budget to carry forward $2,053,129.00 in unexpended land acquisition funds. (EDC) 6. Manager's Report. a. Strategic Plan Update b. Financial Report / Sales Tax Update c. Event Updates / Upcoming Events / Reminders 7. Closed Session. a. Consult with legal counsel on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov’t Code §551.071); Grant program; Lease agreement and professional services contract. Pending Contracts. b. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov’t Code §551.072) possible property acquisition; possible land sale/purchase. c. Discuss or deliberate personnel matters: (1) to deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; or (2) to hear a complaint or charge against an officer or employee. (Tex. Gov't Code §551.074). d. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the Board of Directors has received from a business prospect that the Board of Directors seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the Board is conducting economic development negotiations; or, (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov’t Code §551.087); potential retail and medical projects. 8. Reconvene into open session and take any action on closed session items. 9. Receive reports from staff or Board Members about items of community interest. 10. Adjourn. This is to certify that I, Natasha Roach, Interim Director of Economic Development, posted this Agenda on the City’s website (www.annatexas.gov) and at the Anna Municipal Complex bulletin board at or before 5:00 p.m. on 02/27/2026. __________________________________ Natasha Roach, Interim Director of Economic Development IMPORTANT LEGAL NOTICE: The Corporation may vote and/or act upon each of the items listed in this agenda. The Corporation reserves the right to retire into executive session concerning any of the items listed on this agenda, whenever it is considered necessary and legally justified under the Open Meetings Act. In accordance with the Americans with Disabilities Act, it is the policy of the City of Anna to offer its public programs, services, and meetings in a manner that is readily accessible to everyone, including individuals with disabilities. If you are a person with a disability and require information or materials in an appropriate alternative format, or if you require any other accommodation, please contact the ADA Coordinator at least 48 working hours in advance of the event by emailing adacompliance@annatexas.gov. Advance notification within this guideline will enable the City to make reasonable arrangements to ensure accessibility. “NOTICE OF POSSIBLE QUORUM” Thursday, March 5, 2026 @ 6:00 PM CDC/EDC Meeting Anna Municipal Complex - Council Chamber 120 W. 7th St. Anna, Texas, 75409 The Anna City Council, Board of Adjustment, Neighbor Engagement and Inclusion Advisory Commission, Parks and Recreation Advisory Board, and Planning and Zoning Commission may have a quorum in attendance at this meeting. CDC/EDC Meeting It is not a certainty that a Quorum or other number of members of a City Affiliated Body will attend the event; and No vote or any other action will be taken by any Quorum or other number of members of a City- Affiliated Body that may be in attendance at the event; and The attendance or nonattendance of the event by a Quorum or other number of members of a City-Affiliated Body is not an endorsement or any other type of statement in support of or against any event, topic, position or issue that may be the subject of or discussed at the Community Meeting. This is to certify that I, Natasha Roach, Interim Director of Economic Development, posted this Notice of Quorum at a place readily accessible to the public at the Anna City Hall and on the City Hall bulletin Board by 5:00 PM, 02/27/2026 _________________________ Natasha Roach, Interim Director of Economic Development Item No. 3. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Neighbor Comments. SUMMARY: Persons may address the Board of Directors on items not on the agenda; please observe the time limit of three (3) minutes. Members of the Board cannot comment on or deliberate statements of the public except as authorized by Section 551.042 of the Texas Government Code. FINANCIAL IMPACT: STAFF RECOMMENDATION: ATTACHMENTS: Item No. 4.a. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: Salena Tittle AGENDA ITEM: Approve minutes from the February 5, 2026, Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) SUMMARY: Review and approve the meeting minutes from the February 5, 2026, Joint CDC/EDC Meeting. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: Staff recommends approval. ATTACHMENTS: 1. February 5_2026 CDC EDC Joint Meeting Minutes_Draft Anna Community Development Corporation and Anna Economic Development Corporation Meeting Minutes Thursday, February 5, 2026 @ 6:00 PM The Anna Community Development Corporation and the Anna Economic Development Corporation conducted a joint meeting at 6:00 PM on Thursday, February 5, 2026, at the Anna Municipal Complex in City Council Chambers, located at 120 W. 7th Street, Anna, Texas 75409. A video recording of the open session portions of the meeting may be viewed online at the City of Anna's website: Agenda and Minutes 1. Call to Order, Roll Call, and Establishment of Quorum. The meeting was called to order by Board President Bruce Norwood at 6:00 PM. Members Present: Board President Bruce Norwood Board Vice-President Manny Singh Board Secretary Dwyke Williams Board Member Rocio Gonzalez Board Member Noah Nylander Board Member Regina Leachman Board Member Edward Culham Others Present: Assistant Director Natasha Roach Economic Development Manager Salena Tittle City Attorney Clark McCoy Council Member Kelly Patterson-Herndon Absent: Council Member Stan Carver (Council Liaison) 2. Invocation and Pledge of Allegiance. Board Secretary Dwyke Williams led the Invocation and Pledge of Allegiance and the Texas Pledge. Neighbor Comments. Persons may address the Board of Directors on items not on the agenda; please observe the time limit of three (3) minutes. Members of the Board cannot comment on or deliberate statements of the public except as authorized by Section 551.042 of the Texas Government Code. There were none. Consent Agenda. a. Approve minutes from the January 8, 2026, Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) b. Approve minutes from the January 8, 2026, Joint Community Development Corporation and Economic Development Corporation Meeting. (EDC) Board Member Edward Culham advised staff that his attendance was not reflected in the meeting minutes. MOTION: Board President Bruce Norwood made a motion on behalf of the CDC and EDC to approve Consent Agenda Items, 4a & 4b with the correction made to add Board Member Edward Culham to the list of members present during the January 8, 2026 meeting. Board Member Rocio Gonzalez seconded the motion. In a 7-0 vote, all were in favor. Motion passed. Individual Consideration. a. Consider/Discuss/Action on Resolution No. 2026-02-2 approving First Amended Ground Lease between Anna Community Development Corporation and GTP Food Group, LLC. (CDC) MOTION: Board Member Edward Culham made a motion on behalf of the CDC to approve the First Amended Ground Lease between the CDC and GTP Food Group, LLC. Board Member Regina Leachman seconded the motion. In a 7-0 vote, all were in favor. Motion passed. MOTION: Board Member Edward Culham made a motion on behalf of the CDC & EDC to approve the updated Economic Development Incentive Policy and Incentive Request Application. Board Secretary Dwyke Williams seconded the motion. In a 7-0 vote, all were in favor. Motion passed. 6. Manager's Report. Strategic Plan Update Economic Development Manager, Salena Tittle, gave a brief overview of the highlights for the month of January. Those highlights included: Kickoff Meetings for Future Events, New Development Previews, Grand Openings & Ribbon Cuttings, and Partnership Events. No Action Taken b. Financial Report / Sales Tax Update Economic Development Manager, Salena Tittle, presented the Board with updated information on increased sales tax & CDC sales tax for the month of November 2025, which is up approximately 14% from the previous year. No Action Taken c. Event Updates / Upcoming Events / Reminders Economic Development Manager, Salena Tittle, provided a couple of reminders to the Board: the Anna Community Library Congressional Recognition on February 10th and the Greater Anna Chamber of Commerce Annual Banquet on February 28th. Mrs. Tittle also reminded the Board to like, follow, and share the EDC's social media pages in order to continue getting the most up to date information to our local businesses and neighbors. No Action Taken 7. Closed Session. MOTION: Board Member Regina Leachman made a motion to enter into closed session. Board Secretary Dwyke Williams seconded the motion. In a 7-0 vote, all were in favor. Motion passed. The CDC/EDC Board entered into closed session at 6:23 PM. a. Consult with legal counsel on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov’t Code §551.071); Grant program; Lease agreement and professional services contract. Pending Contracts. b. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov’t Code §551.072) possible property acquisition; possible land sale/purchase. c. Discuss or deliberate personnel matters: (1) to deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; or, (2) to hear a complaint or charge against an officer or employee. (Tex. Gov’t Code §551.074). d. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the Board of Directors has received from a business prospect that the Board of Directors seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the Board is conducting economic development negotiations; or, (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov’t Code §551.087); potential retail and medical projects. Reconvene into open session and take any action on closed session items. Board President Bruce Norwood called the CDC/EDC Board Meeting back into open session at 7:14 PM. Receive reports from staff or Board Members about items of community interest. There were none. Adjourn. Board President Bruce Norwood adjourned the meeting at 7:14 PM. Approved on the 5th day of March, 2026. APPROVED: ATTESTED: __________________________ __________________________ Bruce Norwood Dwyke Williams President of CDC/EDC Secretary of CDC/EDC Item No. 4.b. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: Salena Tittle AGENDA ITEM: Approve minutes from the February 5, 2026, Joint Community Development Corporation and Economic Development Corporation Meeting. (EDC) SUMMARY: Review and approve the meeting minutes from the February 5, 2026, Joint CDC/EDC Meeting. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: Staff recommends approval. ATTACHMENTS: 1. February 5_2026 CDC EDC Joint Meeting Minutes_Draft Anna Community Development Corporation and Anna Economic Development Corporation Meeting Minutes Thursday, February 5, 2026 @ 6:00 PM The Anna Community Development Corporation and the Anna Economic Development Corporation conducted a joint meeting at 6:00 PM on Thursday, February 5, 2026, at the Anna Municipal Complex in City Council Chambers, located at 120 W. 7th Street, Anna, Texas 75409. A video recording of the open session portions of the meeting may be viewed online at the City of Anna's website: Agenda and Minutes 1. Call to Order, Roll Call, and Establishment of Quorum. The meeting was called to order by Board President Bruce Norwood at 6:00 PM. Members Present: Board President Bruce Norwood Board Vice-President Manny Singh Board Secretary Dwyke Williams Board Member Rocio Gonzalez Board Member Noah Nylander Board Member Regina Leachman Board Member Edward Culham Others Present: Assistant Director Natasha Roach Economic Development Manager Salena Tittle City Attorney Clark McCoy Council Member Kelly Patterson-Herndon Absent: Council Member Stan Carver (Council Liaison) 2. Invocation and Pledge of Allegiance. Board Secretary Dwyke Williams led the Invocation and Pledge of Allegiance and the Texas Pledge. Neighbor Comments. Persons may address the Board of Directors on items not on the agenda; please observe the time limit of three (3) minutes. Members of the Board cannot comment on or deliberate statements of the public except as authorized by Section 551.042 of the Texas Government Code. There were none. Consent Agenda. a. Approve minutes from the January 8, 2026, Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) b. Approve minutes from the January 8, 2026, Joint Community Development Corporation and Economic Development Corporation Meeting. (EDC) Board Member Edward Culham advised staff that his attendance was not reflected in the meeting minutes. MOTION: Board President Bruce Norwood made a motion on behalf of the CDC and EDC to approve Consent Agenda Items, 4a & 4b with the correction made to add Board Member Edward Culham to the list of members present during the January 8, 2026 meeting. Board Member Rocio Gonzalez seconded the motion. In a 7-0 vote, all were in favor. Motion passed. Individual Consideration. a. Consider/Discuss/Action on Resolution No. 2026-02-2 approving First Amended Ground Lease between Anna Community Development Corporation and GTP Food Group, LLC. (CDC) MOTION: Board Member Edward Culham made a motion on behalf of the CDC to approve the First Amended Ground Lease between the CDC and GTP Food Group, LLC. Board Member Regina Leachman seconded the motion. In a 7-0 vote, all were in favor. Motion passed. MOTION: Board Member Edward Culham made a motion on behalf of the CDC & EDC to approve the updated Economic Development Incentive Policy and Incentive Request Application. Board Secretary Dwyke Williams seconded the motion. In a 7-0 vote, all were in favor. Motion passed. 6. Manager's Report. Strategic Plan Update Economic Development Manager, Salena Tittle, gave a brief overview of the highlights for the month of January. Those highlights included: Kickoff Meetings for Future Events, New Development Previews, Grand Openings & Ribbon Cuttings, and Partnership Events. No Action Taken b. Financial Report / Sales Tax Update Economic Development Manager, Salena Tittle, presented the Board with updated information on increased sales tax & CDC sales tax for the month of November 2025, which is up approximately 14% from the previous year. No Action Taken c. Event Updates / Upcoming Events / Reminders Economic Development Manager, Salena Tittle, provided a couple of reminders to the Board: the Anna Community Library Congressional Recognition on February 10th and the Greater Anna Chamber of Commerce Annual Banquet on February 28th. Mrs. Tittle also reminded the Board to like, follow, and share the EDC's social media pages in order to continue getting the most up to date information to our local businesses and neighbors. No Action Taken 7. Closed Session. MOTION: Board Member Regina Leachman made a motion to enter into closed session. Board Secretary Dwyke Williams seconded the motion. In a 7-0 vote, all were in favor. Motion passed. The CDC/EDC Board entered into closed session at 6:23 PM. a. Consult with legal counsel on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov’t Code §551.071); Grant program; Lease agreement and professional services contract. Pending Contracts. b. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov’t Code §551.072) possible property acquisition; possible land sale/purchase. c. Discuss or deliberate personnel matters: (1) to deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; or, (2) to hear a complaint or charge against an officer or employee. (Tex. Gov’t Code §551.074). d. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the Board of Directors has received from a business prospect that the Board of Directors seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the Board is conducting economic development negotiations; or, (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov’t Code §551.087); potential retail and medical projects. Reconvene into open session and take any action on closed session items. Board President Bruce Norwood called the CDC/EDC Board Meeting back into open session at 7:14 PM. Receive reports from staff or Board Members about items of community interest. There were none. Adjourn. Board President Bruce Norwood adjourned the meeting at 7:14 PM. Approved on the 5th day of March, 2026. APPROVED: ATTESTED: __________________________ __________________________ Bruce Norwood Dwyke Williams President of CDC/EDC Secretary of CDC/EDC Item No. 5.a. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: Natasha Roach AGENDA ITEM: Consider/Discuss/Action on Resolution No. 2026-03-4 approving an amendment to the FY 2025-2026 Budget to carry forward $4,980,437.00 in unexpended land acquisition funds. (CDC) SUMMARY: The FY 2025–2026 CDC Budget, approved in July 2025, included an allocation of $525,000 for Land Acquisition. Subsequently, the CDC was presented with an opportunity to acquire downtown property for $4,980,437.00. This amount includes the required survey, the escrow funds and the purchase price of the land. The CDC Fund Balance has sufficient funds to cover the full purchase amount. For auditing and financial tracking purposes, the expenditure must be recorded within the Land Acquisition budget category. Although this will result in the Land Acquisition line item appearing over budget, the overage reflects a one-time transaction funded through the CDC’s existing Fund Balance rather than an operating budget shortfall. FINANCIAL IMPACT: The acquisition in the amount of $4,980,437.00 will be funded entirely from the CDC’s existing Fund Balance. No additional debt will be incurred, and no operating revenues will be used to finance this purchase. As a result of this transaction, the CDC’s Fund Balance will decrease by $4,980,437.00 and the Land Acquisition budget line will reflect an overage relative to the originally adopted $500,000 allocation. However, this is a reporting requirement for accounting purposes and does not represent an operating deficit. STAFF RECOMMENDATION: Staff recommends approval of the Budget Amendment as presented ATTACHMENTS: 1. 2026-03-4 CDC Resolution - CDC Fiscal Year Budget Amendment 2. Exhibit A - CDC Budget Amendment ANNA COMMUNITY DEVELOPMENT CORPORATION effective October 1, 2025, the Anna Community Development Corporation (the “CDC”), with the approval of the City of Anna City Council, approved its current fiscal year budget; and , the CDC seeks to make one or more line-item amendments to its budget due to additional funds being needed in the land acquisition line item (890-825-69310); and Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Adoption of Amendment to the Current Fiscal Year Budget The CDC Board of Directors hereby approves amending the Anna Community Development Corporation current fiscal year budget as set forth in Exhibit A, amended budget, attached hereto and incorporated herein for all purposes as if set forth in full. The Board further directs that this amendment to the current fiscal year budget be submitted to the City of Anna City Council for approval. PASSED AND APPROVED by the Anna Community Development Corporation on this 5th day of March 2026. APPROVED: ATTEST: _____________________________ ____________________________ Bruce Norwood, CDC President Dwyke Williams, CDC Secretary Units Amended 1 Units 1 Units 1 Units 1 Units 1 1 1 1 1 1 1 1 1 1 1 Units 1 1 1 1 Budget Listing Anna, Texas For Fiscal: 2025-2026 Period Ending: 10/31/2025 2025-2026 PB 2025-2026Account Number Account Name 890-825-61010 Salaries 366,795.00 890-825-61110 Payroll Taxes-City Part FICA 28,060.00 890-825-61210 Health Insurance 33,000.00 890-825-61220 TMRS Retirement 53,955.00 890-825-61230 Unemployment 440 890-825-61240 Worker's Compensation 7,000.00 890-825-62011 Office Supplies 4,000.00 PB 2025-2026 basic needs 4,000.00 4,000.00 890-825-62012 Other Supplies - Misc.9,000.00 PB 2025-2026 meals, meetings supplies, or other administrative 9,000.00 9,000.00 890-825-62210 Postage 400 PB 2025-2026 mailing bills, etc 400.00 400.00 890-825-62310 Clothing Supplies 4,500.00 PB 2025-2026 new logo, new councilmembers, new board members 4,500.00 4,500.00 890-825-62910 IT Supplies 4,500.00 890-825-67000 Contract Services 190,700.00 PB 2025-2026 Costar 6,500.00 6,500.00 PB 2025-2026 Downtown Lawn Care 12,000.00 12,000.00 PB 2025-2026 Eisenburg Marketing and Branding Plan 65,000.00 65,000.00 PB 2025-2026 GISWebtech 6,000.00 6,000.00 PB 2025-2026 Impact Data Source 6,500.00 6,500.00 PB 2025-2026 Interurban Pedestrian Corridor Project 52,000.00 52,000.00 PB 2025-2026 Residential Strategies 3,500.00 3,500.00 PB 2025-2026 Resimplifi Real Estate Data 5,200.00 5,200.00 PB 2025-2026 Retail Coach 25,000.00 25,000.00 PB 2025-2026 Tax software 5,000.00 5,000.00 PB 2025-2026 Web Hosting 4,000.00 4,000.00 890-825-67016 Promotion Expense 303,000.00 PB 2025-2026 BRE Program 5,000.00 5,000.00 PB 2025-2026 Chamber Event Sponsorship 8,000.00 8,000.00 PB 2025-2026 Development Forum Event 5,000.00 5,000.00 PB 2025-2026 Marketing Plan Implementation - digital, social, p 285,000.00 285,000.00 890-825-67019 Legal Expense 25,000.00 890-825-67020 Audit/Accounting Expense 7,500.00 Amended Units 1 Units 1 Units 1 1 1 1 2 Units 1 1 1 1 1 1 1 10 3 1 1 3 1 1 Units 1 1 1 1 1 1 2 1 1 1 3 2 1 Units 1 1 6/16/2025 2:04:40 PM Page 1 of 3 Budget Listing For Fiscal: 2025-2026 Period Ending: 10/31/2025 2025-2026 PB 2025-2026 CPA services - audit, 990, 1099s 7,500.00 7,500.00 890-825-67031 Public Notices - Advertising 500 PB 2025-2026 publish notices 500.00 500.00 890-825-67053 Economic Development Grant Expense 1,110,000.00 PB 2025-2026 CDC grant to EDC 60,000.00 60,000.00 PB 2025-2026 Chief Partners Sales Tax Incentive Phase I 250,000.00 250,000.00 PB 2025-2026 Chief Partners Sales Tax Incentive Phase II 50,000.00 50,000.00 PB 2025-2026 Other Targeted Area Economic Development Grants 600,000.00 600,000.00 PB 2025-2026 TDA Downtown Revitalization Grant/CDF Match Grant 75,000.00 150,000.00 890-825-67058 Insurance - Property & Liability 800 890-825-67061 Dues, Publications & Licenses 17,665.00 PB 2025-2026 Anna Chamber of Commerce Membership 3,000.00 3,000.00 PB 2025-2026 APA Membership (ST)450.00 450.00 PB 2025-2026 Brew City, Texas Annual Membership 350.00 350.00 PB 2025-2026 Canva (Newsletter)250.00 250.00 PB 2025-2026 Dallas Morning News 200.00 200.00 PB 2025-2026 DBJ 350.00 350.00 PB 2025-2026 ICMA/TCMA 600.00 600.00 PB 2025-2026 ICSC 245.00 2,450.00 PB 2025-2026 IEDC 455.00 1,365.00 PB 2025-2026 Jasper Software 800.00 800.00 PB 2025-2026 Mailchimp (Newsletter)600.00 600.00 PB 2025-2026 TEDC 550.00 1,650.00 PB 2025-2026 Texas Downtown Association 600.00 600.00 PB 2025-2026 TxEDC 5,000.00 5,000.00 890-825-67200 Travel/Training Expense 60,975.00 PB 2025-2026 Area Development Womens Conference (Nat)2,800.00 2,800.00 PB 2025-2026 Bisnow Event Registrations 1,000.00 1,000.00 PB 2025-2026 Collin County Summit Sponsrship 7,500.00 7,500.00 PB 2025-2026 DFW Marketing Team Trips 2,500.00 2,500.00 PB 2025-2026 International Council of Shopping Centers Annual C 15,000.00 15,000.00 PB 2025-2026 International Council Shopping Centers Texas 7,000.00 7,000.00 PB 2025-2026 International Economic Development Council Annual 1,250.00 2,500.00 PB 2025-2026 Official Austin Visits Government Outreach 2,500.00 2,500.00 PB 2025-2026 OU EDI Courses for (ST)7,000.00 7,000.00 PB 2025-2026 Quartly Legislative Initiatives 6,000.00 6,000.00 PB 2025-2026 TEDC Sales Tax Workshop 225.00 675.00 PB 2025-2026 Texas Economic Development Council Annual Conferen 2,000.00 4,000.00 PB 2025-2026 Urban Land Inst 2,500.00 2,500.00 890-825-67790 Interest Expense 271,412.00 PB 2025-2026 Lamar Bank August Payment 25,141.00 25,141.00 PB 2025-2026 Lamar Bank May Payment 24,867.00 24,867.00 6/16/2025 2:04:40 PM Page 2 of 3 Budget Listing For Fiscal: 2025-2026 Period Ending: 10/31/2025 1 1 1 1 1 1 1 1 1 4,980,437.00 Units 0 Purchase of 699 S Powell St 1 4,980,437.00 4,455,437.00 Units 1 1 1 1 1 1 1 1 1 1 7,846,968.00 7,846,968.00 7,846,968.00 2025-2026 PB 2025-2026 Lamar Bank November Payment 26,785.00 26,785.00 PB 2025-2026 Sales Tax Revenue Bonds, Series 2012-B Aug Payment 13,398.00 13,398.00 PB 2025-2026 Sales Tax Revenue Bonds, Series 2012-B Feb Payment 15,092.00 15,092.00 PB 2025-2026 Sales Tax Revenue Bonds, Series 2016 Aug Payment 28,000.00 28,000.00 PB 2025-2026 Sales Tax Revenue Bonds, Series 2016 Feb Payment 28,205.00 28,205.00 PB 2025-2026 Southside Banc Shares April Payment 27,331.00 27,331.00 PB 2025-2026 Southside Banc Shares July Payment 27,020.00 27,020.00 PB 2025-2026 Southside Bancshares Jan Payment 27,636.00 27,636.00 PB 2025-2026 Southside Bancshares Oct Payment 27,937.00 27,937.00 890-825-69310 Land Acquisition 525,000.00 PB 2025-2026 0 525,000.00 890-825-71090 Debt Service - Principal 367,329.00 PB 2025-2026 Lamar National Bank August Payment 39,810.00 39,810.00 PB 2025-2026 Lamar National Bank February Payment 38,703.00 38,703.00 PB 2025-2026 Lamar National Bank May Payment 40,085.00 40,085.00 PB 2025-2026 Lamar National Bank November Payment 38,166.00 38,166.00 PB 2025-2026 Sales Tax Revenue Bonds Series 2012-B 110,000.00 110,000.00 PB 2025-2026 Sales Tax Revenue Bonds, Series 2016 25,000.00 25,000.00 PB 2025-2026 Southside Bancshares April Payment 19,042.00 19,042.00 PB 2025-2026 Southside Bancshares January Payment 18,736.00 18,736.00 PB 2025-2026 Southside Bancshares July Payment 19,352.00 19,352.00 PB 2025-2026 Southside Bancshares October Payment 18,435.00 18,435.00 Item No. 5.b. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: Natasha Roach AGENDA ITEM: Consider/Discuss/Action on Resolution No. 2026-03-5 approving an amendment to the FY 2025– 2026 Budget to carry forward $2,053,129.00 in unexpended land acquisition funds. (EDC) SUMMARY: The FY 2025–2026 EDC Budget, approved in July 2025, did not include funds allocated to the Land Acquisition line item. Subsequently, the EDC was presented with an opportunity to acquire downtown property for $2,053,129.00. This amount includes the required survey, the escrow funds and the purchase price of the land. The EDC Fund Balance has sufficient funds to cover the full purchase amount. For auditing and financial tracking purposes, the expenditure must be recorded within the Land Acquisition budget category. Although this will result in the Land Acquisition line item appearing over budget, the overage reflects a one-time transaction funded through the EDC’s existing Fund Balance rather than an operating budget shortfall. FINANCIAL IMPACT: The acquisition in the amount of $2,053,129.00 will be funded entirely from the EDC’s existing Fund Balance. No additional debt will be incurred, and no operating revenues will be used to finance this purchase. As a result of this transaction, the EDC’s Fund Balance will decrease by $2,050,329.00. The Land Acquisition budget line will reflect an overage to the originally adopted allocation of $0. However, this is a reporting requirement for accounting purposes and does not represent an operating deficit. STAFF RECOMMENDATION: Staff recommends approval fo the Budget Amendment as presented. ATTACHMENTS: 1. 2026-03-5 EDC Resolution - EDC Fiscal Year Budget Amendment 2. Exhibit A - EDC Budget Amendment ANNA ECONOMIC DEVELOPMENT CORPORATION effective October 1, 2025, the Anna Economic Development Corporation (the “EDC”), with the approval of the City of Anna City Council, approved its current fiscal year budget; and , the EDC seeks to make one or more line-item amendments to its budget due to additional funds being needed in the land acquisition line item (892-825-69310); and Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Adoption of Amendment to the Current Fiscal Year Budget The EDC Board of Directors hereby approves amending the Anna Economic Development Corporation current fiscal year budget as set forth in Exhibit A, amended budget, attached hereto and incorporated herein for all purposes as if set forth in full. The Board further directs that this amendment to the current fiscal year budget be submitted to the City of Anna City Council for approval. PASSED AND APPROVED by the Anna Economic Development Corporation on this 5th day of March 2026. APPROVED: ATTEST: _____________________________ ____________________________ Bruce Norwood, EDC President Dwyke Williams, EDC Secretary Units Amended 1 Units 1 Units 1 Units 1 1 Units 1 Units 1 2,053,129.00 Purchase of 504 N Powell 1 2,577,929.00 2,577,929.00 Amended Total 2,577,929.00 2,053,129.00 Budget Listing Anna, Texas For Fiscal: 2025-2026 Period Ending: 10/31/2025 2025-2026 892-825-62012 Other Supplies - Misc.0 892-825-62210 Postage 0 892-825-63012 Maint. & Repair - Buildings 50,000.00 PB 2025-2026 Maintenance/Repairs -312 N. Powell/101 S. Powell 50,000.00 50,000.00 892-825-66010 Electricity 5,000.00 PB 2025-2026 Based on three year history 5,000.00 5,000.00 892-825-66020 Gas - Natural/Propane 1,500.00 PB 2025-2026 Based on three year history 1,500.00 1,500.00 892-825-66030 City Utilities Water/Sewer/Trash 0 892-825-66040 Telecom 1,800.00 892-825-67000 Contract Services 41,500.00 PB 2025-2026 Printing 1,500.00 1,500.00 PB 2025-2026 Professional Services (target industry analysis)40,000.00 40,000.00 892-825-67008 IT Support Services 0 892-825-67016 Promotion Expense 0 892-825-67019 Legal Expense 20,000.00 PB 2025-2026 legal fees 20,000.00 20,000.00 892-825-67020 Audit/Accounting Expense 5,000.00 PB 2025-2026 CPA Services - Audit, 1099 form 990 5,000.00 5,000.00 892-825-67053 Economic Development Grant Expense 400,000.00 892-825-67058 Insurance - Property & Liability 0 892-825-67130 Professional Services Non Contract 0 892-825-67200 Travel/Training Expense 0 892-825-67999 Other Services - Misc.0 892-825-68910 Depreciation Expense 0 892-825-69010 Construction 0 892-825-69310 Land Acquisition 0 892-825-69410 Capital Expenditures 0 892-825-98100 Transfers Out 0 Item No. 6. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Manager's Report. SUMMARY: FINANCIAL IMPACT: STAFF RECOMMENDATION: ATTACHMENTS: Item No. 6.a. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: Salena Tittle AGENDA ITEM: Strategic Plan Update SUMMARY: Economic Development Manager, Salena Tittle, to give a brief overview of what staff has been working on and future initiatives. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: N/A ATTACHMENTS: 1. February 2026 Strategic Plan Update Economic Development Highlights February 2026 Real Estate & Developer Meetings01 04 02 Newsletter Subscribers Instagram & Facebook Followers 13 5 new 2,225 total Pre-Development Meetings Linkedin Followers 03 06 Business Retention & Expansion Contacts 5 4 4 new Insta - 120 total 100 new FB - 1,200 total 14 new 1,995 total 05 UniqueUnique Natasha and Salena attended the ICSC Red River Trade Show in San Antonio (February 17 - February 19) EDC hosted a kickoff Downtown Anna Branding Committee Meeting VibrantVibrant Natasha and Salena attended the Anna Community Library Congressional Recognition EDC kicked off their “All Up in Your Small Business” Business Highlight Video Segment Campaign Item No. 6.b. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: Salena Tittle AGENDA ITEM: Financial Report / Sales Tax Update SUMMARY: Economic Development Manager, Salena Tittle, to update the Board on the overall sales tax for the month of December 2025, which is up roughly 9% from the previous year, December 2024. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: N/A ATTACHMENTS: 1. 2026 Monthly Sales Tax Report % Change 2024-26 Collections from 2024-25 Collections Monthly Prior Year Monthly October 820,089$ 5% 780,090$ November 855,966 14% 753,401 December 1,085,565 9% 995,930 January 682,766 February 675,214 March 1,873,725 April 779,340 May 780,970 June 867,435 July 817,173 August 761,329 September 844,898 2,761,620$ 10,612,271$ Budget: 9,650,000 29% 8,220,000 CITY OF ANNA Schedule of Sales Tax Collections December 31, 2025 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 Monthly Sales Tax Collections: 3 Year Comparison FY2023-24 FY2024-25 FY2025-26 Item No. 6.c. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: Salena Tittle AGENDA ITEM: Event Updates / Upcoming Events / Reminders SUMMARY: 2026 Anna ISD Career Connections Day: On Thursday, March 12th, Anna ISD will be hosting their annual Career Connections Day at Anna High School for Juniors and graduating Seniors. If you know a business that is looking to hire or make an impact on our future workforce, it is not too late. Please see the attached flyer, and contact your EDC staff if you have any questions or would like to add a business to participate in this event. Sherley Farms Groundbreaking: On Tuesday, March 24th at 3:00pm - 4:00pm, the Tellus Group will be hosting their Groundbreaking Ceremony for the new Sherley Farms Residential Development. A calendar invite has gone out to all Board Members. More information will be provided as we receive it. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: N/A ATTACHMENTS: 1. 2026 Anna ISD Career Day Item No. 7.a. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Consult with legal counsel on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov’t Code §551.071); Grant program; Lease agreement and professional services contract. Pending Contracts. SUMMARY: Closed session deliberation. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: N/A ATTACHMENTS: Item No. 7.b. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov’t Code §551.072) possible property acquisition; possible land sale/purchase. SUMMARY: Closed session deliberation. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: N/A ATTACHMENTS: Item No. 7.c. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Discuss or deliberate personnel matters: (1) to deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; or (2) to hear a complaint or charge against an officer or employee. (Tex. Gov't Code §551.074). SUMMARY: Closed session deliberation. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: N/A ATTACHMENTS: Item No. 7.d. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the Board of Directors has received from a business prospect that the Board of Directors seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the Board is conducting economic development negotiations; or, (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov’t Code §551.087); potential retail and medical projects. SUMMARY: Closed session deliberation. FINANCIAL IMPACT: This item has no financial impact. STAFF RECOMMENDATION: N/A ATTACHMENTS: Item No. 8. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Reconvene into open session and take any action on closed session items. SUMMARY: FINANCIAL IMPACT: STAFF RECOMMENDATION: ATTACHMENTS: Item No. 9. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Receive reports from staff or Board Members about items of community interest. SUMMARY: FINANCIAL IMPACT: STAFF RECOMMENDATION: ATTACHMENTS: Item No. 10. EDC/CDC Agenda Staff Report Meeting Date: 3/5/2026 Staff Contact: AGENDA ITEM: Adjourn. SUMMARY: FINANCIAL IMPACT: STAFF RECOMMENDATION: ATTACHMENTS: