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HomeMy WebLinkAboutCDCpkt2019-08-01Anria*CDC MEETING AGENDA ANNA COMMUNITY DEVELOPMENT CORPORATION Thursdav, August 1 2019 at 6:30 .m.' ANNA CITY HALL, COUNCIL CHAMBERS 111 N. POWELL PARKWAY, ANNA, TEXAS The Anna Community Development Corporation will conduct a meeting at 6:30 P.m.' on Thursday, Au ust 1 2019 at the Anna City Hail, Council Chambers, 111 N. Powell Parkway, to consider the following items: 1. Call to Order, Roll Call and Establishment of Quorum. 2, Invocation and Pledge. 3. Citizen 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 561.042 of the Texas Government Code. 4. Consider/Discuss/Act on approving minutes from the July 11, 2019 Special CDC Meeting. 5. Hear a presentation from Carey Cox Real Estate regarding the Anna Business Park. 6. Hold a public hearing and first reading of a Resolution approving the Fiscal Year 2019-2020 budget and authorizing publication of the adopted budget. 7. Second reading and Consider/Discuss/Act on a Resolution approving the Fiscal Year 2019-2020 budget and authorizing publication of the adopted budget. 8. Consider/Discuss/Act on a Resolution authorizing payment for a trade show booth at the 2020 ICSC Red River Show. 4 ADDITIONAL NOTICE REGARDING MEETING TIME: In the event that the Anna Economic Development Corporation meets at the same time and place scheduled for this meeting, then this meeting of the Anna Community Development Corporation may be delayed but will begin immediately after the conclusion of the meeting of the Anna Economic Development Corporation. 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. Disabled persons who want to attend this meeting and who may need assistance should contact the City Secretary at 972-924-3325 two working days prior to the meeting so that appropriate arrangements can be made. 9. Director's Report A. Developer/Broker Day B. Ethics Training C. NTCAR Expo --September 5 D. Report on current corporate financial status —Discussion Only E. Marketing Materials F. Chamber of Commerce Agreement G. Downtown Master Plan H. Bylaws Committee 10. CLOSED SESSION (exceptions): A. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov't Code §551.072) possible property acquisition; possible land sale/purchase; B. 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); Discuss contract concerning Revolving Loan Fund; promotional contract. C. 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) Anna Business Park Property; potential retail and medical projects. 11. Reconvene into open session and take any action on closed session items. 12. Receive reports from staff or Board Members about items of community interest. Items of community interest include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules, an honorary or salutary recognition of a public official, public employee, or other citizen (but not including a change in status of a person's public office or public employment); a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality; and announcements involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the agenda. 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. Disabled persons who want to attend this meeting and who may need assistance should contact the City Secretary at 972-924-3325 two working days prior to the meeting so that appropriate arrangements can be made. 13. Adjourn. This is to certify that I, Joey Grisham, Economic Development Director, posted this agenda at a place readily accessible to the public at the Anna City Hall an a City Hail bulletin board at or before 6,00 p.m. on July Jaey ri a , Economic evelopment Director IMPORTANT LEGAL NOTICE: The Corporation may vote andlor 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. Disabled persons who want to attend this meeting and who may need assistance should contact the City Secretary at 972-924-3325 two working days prior to the meeting so that appropriate arrangements can be made. THE CITY OF Anna �* CDC AGENDA ITEM: Item No. 4 CDC Agenda Staff Report Meeting Date: 8.1.2019 Staff Contact: Joey Grisham Consider/Discuss/Act on approving minutes from the July 11, 2019 Special CDC Meeting. SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: 1. July 11, 2019 Special Called CDC Meeting Minutes Officers: Staff: Anthony Richardson, President Joey Grisham, Director/CAO Stan Carver, Vice -President Taylor Lough, Economic Development Manager Rocio Gonzalez, Secretary THE CITY �* CDC Anna Community Development Corporation Special Meeting Minutes Thursday, July 11, 2019 at 6:30 pm Anna City Hall, Council Chambers 111 N. Powell Parkway, Anna, Texas 75409 CDC Board Members Present: Anthony Richardson, Stan Carver, Bruce Norwood, Rocio Gonzalez, Raul Hernandez, Michelle Hawkins, Doris Pierce. Others present: Joey Grisham (CDC Director), Taylor Lough (Economic Development Manager) and Clark McCoy (CDC/EDC Legal Counsel) 1. Call to Order. Roll Call and Establishment of Quorum. The meeting was called to order by Anthony Richardson, Board President, at 6:37 pm. 2. Invocation and Pledge. Invocation and pledge of allegiance led by Anthony Richardson. 3. Citizen Comments. There were no citizen comments. 4. Welcome New Board Members and Economic Development Manager. Joey Grisham introduced Taylor Lough, who was hired as Economic Development Manager and began July 8, 2019, and the three new CDC Board Members appointed by the City Council: Michelle Hawkins, Raul Hernandez, and Doris Pierce. 5. Consider/Discuss/Act on electing a Board President. Anthony Richardson stated, per the CDC bylaws, terms of office are for one (1) year with the right of an officer to be reelected. Stan Carver made a motion to nominate Anthony Richardson for President. Bruce Norwood seconded the motion. All were in favor with Richardson abstaining from the vote. Motion passed. 6. Consider/Discuss/Act on electing a Vice -President. Anthony Richardson made a motion to nominate Stan Carver for Vice President. Bruce Norwood seconded the motion. All were in favor with Carver abstaining from the vote. Motion passed. 7. Consider/Discuss/Act on electing a Secretary. Officers: Anthony Richardson, President Stan Carver, Vice -President Rocio Gonzalez, Secretary Staff: Joey Grisham, Director/CAO Taylor Lough, Economic Development Manager Stan Carver made a motion to nominate Rocio Gonzalez for Secretary. Doris Pierce seconded the motion. All were in favor with Gonzalez abstaining from the vote. Motion passed. 8. Consider/Discuss/Act on approving minutes from the June 20, 2019 Special CDC Meeting. Rocio Gonzalez made a motion to approve the minutes from the June 20, 2019 Special CDC Meeting. Stan Carver seconded the motion. All were in favor. Motion passed. 9. Hear a presentation from the Greater Anna Chamber regarding the Annual Agreement with the Community Development Corporation. Kevin Hall, Executive Director of Greater Anna Chamber of Commerce, provided a presentation. Kevin introduced Chamber Board President, Mike Mixon, who introduced the Chamber Board members in attendance: Pete Cain, Vice President, Tiffany Terry, Secretary, Lisa Biddle, Treasurer, Jan Wheat, and Ruth Akana. Kevin discussed the Chamber's mission, events and opportunities for members, CDC Sponsored events (annual banquet, golf tournament, 4th of July Fireworks Show, Harvest Fest, Christmas Parade), investment by the CDC and Chamber, Chamber Strategic Planning, and partnership opportunities. Kevin explained that the Chamber is reviewing a change in member structure from a flat $200 to a tiered, value -based membership. The change in dues is projected to start in October. Board President Anthony Richardson recommended a meeting between the CDC and Chamber Boards to discuss ideas for an updated agreement. Joey Grisham stated that the revised Annual Agreement between the CDC and Chamber would be brought back for Board approval. 10. Discuss proposed 2019-2020 Anna Community & Economic Development Corporation Annual Budgets. Joey Grisham provided a presentation outlining projected revenues and proposed expenditures for FY 2020. Discussion was made related to the CDC's agreement with the Chamber of Commerce, marketing, and adding one membership to the Hurricane Creek Country Club. He stated that the Board would need to adopt the final budget at the August 1st Meeting to comply with the CDC/EDC Bylaws. 11. Consider/Discuss/Act on accepting the resignation of Josh Vollmer from the CDC Board. Congratulations was made to Josh Vollmer for being elected to the City Council. Anthony Richardson made a motion to accept the resignation of Josh Vollmer from the CDC Board. Bruce Norwood seconded the motion. All were in favor. Motion passed. 12. Consider/Discuss/Act on appointing a committee to evaluate and make recommendations on amendments to the CDC bylaws. Joey Grisham stated the CDC Board tabled this item at the June 20, 2019 Special Called Meeting to allow the new Board Members to provide input. Current bylaws allow for two members of the board to be appointed to a committee to review the bylaws. Anthony Richardson made a motion to appoint CDC Board Members Stan Carver and Anthony Richardson to the committee to evaluate and make recommendations on amendments to the CDC bylaws. Michelle Hawkins seconded the motion. All were in favor. Motion passed. Officers: Staff: Anthony Richardson, President Joey Grisham, Director/CAO Stan Carver, Vice -President Taylor Lough, Economic Development Manager Rocio Gonzalez, Secretary Anthony Richardson made a motion for the committee to also include Jim Proce, City Manager, and Clark McCoy, City Attorney as well as one citizen for a total of five members. The motion was seconded by Bruce Norwood. All were in favor. The motion passed. 13. Discuss the new City of Anna Strategic Plan and Economic Development Work Plan. Joey Grisham discussed a possible future meeting with the Board and the City Council. A facilitator may help develop the economic development implementation plan. 14. Director's Report A. Developer/Broker Day —Joey Grisham explained staff was reviewing options for an event that might be held a Hurricane Creek and include a bus tour, lunch, and golf. The event would include the new trade show booth. A separate event may be planned for brokers for the business park. B. Ethics Training —Clark McCoy stated he was working on an Ethics Training for members of all City Boards. C. Anna Business Park Update —Joey Grisham said that Carey Cox Real Estate will provide a presentation at the Board's August 1st meeting to explain their strategy and signage location and options. D. Sales tax training —Joey Grisham said this training is required for himself and Clark. If Board Members are interested in attending there are funds budgeted for their registration. The closest training will be in Mesquite on Friday, November 22nd 15. CLOSED SESSION (exceptions): Stan Carver made a motion at 9:20 pm to enter into closed session. Rocio Gonzalez seconded the motion. All were in favor. Motion passed. A. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov't Code §551.072) possible property acquisition; possible land sale/purchase; B. 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); Discuss contract concerning Revolving Loan Fund; promotional contract. C. 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) Anna Business Park Property; potential retail and medical projects. 16. Reconvene into open session and take any action on closed session items. Officers: Staff: Anthony Richardson, President Joey Grisham, Director/CAO Stan Carver, Vice -President Taylor Lough, Economic Development Manager Rocio Gonzalez, Secretary Bruce Norwood made a motion to reconvene into open session at 9:45 pm. Rocio Gonzalez seconded the motion. All were in favor. Motion passed. No action was taken. 17. Receive reports from staff or Board Members about items of community interest. Items of community interest include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition of a public official, public employee, or other citizen (but not including a change in status of a person's public office or public employment); a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality, and announcements involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the agenda. 18. Adjourn. Anthony Richardson made a motion to adjourn the meeting at 9:45 pm. Rocio Gonzalez seconded the motion. All were in favor. Motion passed. APPROVED: ATTESTED: Anthony Richardson Rocio Gonzalez President of CDC Secretary of CDC THE CITY OF Anna �* CDC AGENDA ITEM: Item No. 5 CDC Agenda Staff Report Meeting Date .qtaff (nntart- 8.1.2019 Joey Grisham Hear a presentation from Carey Cox Real Estate regarding the Anna Business Park. SUMMARY: The CDC/EDC contracted with Carey Cox Real Estate Company to be the listing broker for the Anna Business Park, and they are here to provide updates this evening. STAFF RECOMMENDATION: ATTACHMENTS: THE CITY OF Anna �* CDC AGENDA ITEM: Item No. 6 and 7 CDC Agenda Staff Report Meeting Date Rtaff (nntart- 8.1.2019 Joey Grisham Consider/Discuss/Act on a Resolution approving the Fiscal Year 2019-2020 budget and authorizing publication of the adopted budget. SUMMARY: Per the CDC bylaws, the Board is required to approve the budget at least 60 days prior to the commencement of the fiscal year. STAFF RECOMMENDATION: Approve a Resolution adopting the FY 2019-2020 budget and authorizing publication of notice of projects. ATTACHMENTS: 1. Resolution 2. Budget ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION ADOPTING THE FY 2019-2020 FISCAL YEAR BUDGET AND AUTHORIZING PUBLICATION OF NOTICE OF PROJECTS WHEREAS, to be effective October 1, 2019, the Anna Community Development Corporation (the "CDC") and subject to approval of the City of Anna City Council, the Board of directors of the CDC desires to approve and adopt the CDC budget for the 2018- 19 fiscal year; WHEREAS, the Board of Directors of the Anna Community Development Corporation (the "Corporation"), created by the City of Anna, Texas (the "City"), in accordance with Article 5190.6, V.A.T.C.S., Section 4B, and now operating under Texas Local Government Code, Chapter 505 (the "Act") has determined that it is advisable and in the best interests of the Corporation to give notice of the intention of the Corporation to undertake the following projects: land and building improvements, equipment purchases, park facilities and improvements, capital expenditures, targeted infrastructure, site improvements, promotional expenditures, engineering and/or legal services, administrative personnel services, and other purposes permitted by law, in order to provide improved community development and/or to promote new or expanded business enterprises for the benefit of the public. The costs of the Projects are estimated not to exceed $1,148,770 including but not limited to the specific projects or general types of projects set forth in the Anna Community Development Corporation's 2019-2020 fiscal year budget. The Projects will be financed and/or paid from the proceeds of sales tax revenue and other resources of the Corporation. WHEREAS, such projects are authorized pursuant to Section 505.158, Texas Local Government Code; and WHEREAS, it is hereby officially found and determined that the meeting at which this Resolution was passed, was open to the public and public notice of the time, place, and purpose of said meeting was given, all as required by Chapter 551, Texas Government Code; NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION, THAT: Section 1. Recitals Incorporated CDC OF ANNA, TEXAS RESOLUTION NO PAGE 1 OF 2 The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Adoption of Fiscal Year 2019-2020 Budget The CDC Board of Directors hereby approves adopting the Anna Community Development Corporation 2019-2020 fiscal year budget as set forth in Exhibit A, attached hereto and incorporated herein for all purposes as if set forth in full, subject to approval by the City of Anna City Council. PASSED AND APPROVED by the Anna Community Development Corporation this day of , 2019. APPROVED: ATTEST: Anthony Richardson, CDC President Rocio Gonzalez, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO PAGE 2 OF 2 CITY OF ANNA FUND DEPARTMENT DIVISION 89 COMMUNITY DEVELOPMENT CDC 89-825E 825 DETAILS LINE ITEMS 2018 2019 1 2019 1 2020 ACTUAL BUDGET ESTIMATED PROPOSED %CHANGE 6101 SALARIES $36,861 $65,407 $49,200 $81,216 24,17% $49,200 $0 AMOUNT PROVIDED BYmPERSONNEL $0 $81,216 6114 PAYROLL TAXES -CITY PART FICA $2,725 $5,U11 $4,000 $6,221 24.14% $4,000 $0 AMOUNT PROVIDED BY mPERSONNEL $0 $6,221 6121 HEALTH INSURANCE $3,648 $9,322 $9,366 $9,927 6.49% $9,366 $0 AMOUNT PROVIDED BY mPERSONNEL $0 $9 927 6125 TMRS RETIREMENT $5,200 $9,420 $5,700 $12,035 27.76% $5,700 $0 AMOUNT PROVIDED BY mPERSONNEL $0 $12,035 6126 UNEMPLOYMENT $162 $250 $50 $250 0,00% $50 $0 AMOUNT PROVIDED BY MPER50NNEL $0 $250 6127 WORKERS COMPENSATION $123 $233 $0 $289 2438% $0 $0 AMOUNT PROVIDED BY mPERSONNEL $0 $289 6129 MISCELLANEOUS PAYROLL $0 $100 $100 $100 0.00% $100 $0 AMOUNT PROVIDED BY mPERSONNEL $D $100 PAYROLL $48,728 $89,743 $68,416 $110,037 22.62% 6208 OFFICE SUPPLIES $746 $500 $750 $2,000 300.007 basic needs $750 $2,000 6209 OTHER SUPPLIES - MISC. $987 $1,800 $7,800 $4,500 150% meals, meetings supplies, or other $1,800 $4,500 administrative items -moving amount over from EDC. new laptops $2,000 $0 Smart TV for Inc -Cube $1,000 $0 wall maps $1,500 $0 6210 CLOTHING SUPPLIES $0 $0 $0 $1,000 0.00% new logo, new council members, new board $0 $1,000 members etc. 6212POSTAGE $17 $100 $100 $100 0.00% mailing bills, etc.. $100 $100 SUPPLIES $1,750 $2,400 $8,650 $7,600 215.77% 6903MAINT.AND REPAIR -BUILDINGS $0 $0 $0 $0 0.00% MAINTENANCE $0 $0 $0 $0 0.00% 67DO ECONOMIC DEVELOPMENT GRANT EXPENSE 5203,847 $210,870 $224,902 $366,585 73,84% $0 $0 Actual paid in April 2019 $106,047.17 ($22,222) $0 Payment paid in July 2019 $118.854,86 Dawntown/Targeted Area Economic $0 $78,900 Development Grants Sales Tax Reimbursement Agreement with Chief $0 $p Partners for Phase ii of retail development Sales Tax Reimbursement agreement with Chief $247,124 $287,685 Partners Phase l 6703 CONTRACT SERVICES $86,055 $86,400 $68,145 $127,354 47.40% CDC agreement with City Finance and $4,000 $4,000 Accounting Services CDC Cost Share of IT and McLain Budgeting $800 $800 software Chamber/CDC Contract $0 $42,000 Continuing Disclosure Report Fees (Revenue $1,500 51,500 Bonds) Contract Services for Downtowns Plan/TIRZ $0 $60 000 Creation Housing Study Updates $1,750 $1,750 Impact Data Source (Third Party Economic $4,750 $5,400 Impact Tool) Loop Net Business Park Listing $630 $414 Placer Al $6,000 $6,000 Real Massive to replace Xceiligent $2,250 $2,250 ZOOM Prospector Property Database Tool $3,240 $3,240 6722 INSURANCE - PROPERTY AND LIABILITY $3,500 $3,500 $0 $3,500 0.00% Insurance for the Business park Property - since $o $3,500 there is no building on this property it does not need coverage 6731PUBLIC NOTICES -ADVERTISING $91 $250 $0 $250 0,00% publish notices, $0 $250 6735 PROMOTION EXPENSE $49,368 $90,000 $110,313 $82,097 -8.78% $0 $0 GACC Banquet' $5,400 $0 GACC Christmas $3 900 $0 GACC Harvest Fest $16 000 $0 GACCJuly4th $15,000 $0 Golf Tournament $3 000 $0 Promotional Materials - Print Ads, other $67,913 $82,097 sponsorship opportunities, magazines, displays, billboards, etc. 6753 LEGAL EXPENSE $10,217 $15,000 $15,000 $16,500 10% Legal services $15,000 $16,500 6755 AUDIT EXPENSE $2,240 $2,300 $2,300 $3,500 52.17i'o CPA services - audit, 990, 1099s $2,300 $3,500 6756 ENGINEERING $3,577 $2,500 $0 $2,500 0.00% Engineering $0 $2,500 6761 DUFS, PUBLICATIONS, PERMITS AND LICENSES $625 $3,350 $3,350 $5,370 60.30% Professional Dues - ICSC - 50 pp (6) 300 $3,350 $5,370 TFDC - $550 (2) 1100 NTCAR-400 NAIOP - 600 IEDC (2)-870 Hurricane Creek Membership 1100 Permits - 1000 6782 CITY UTILITIES WATER/SEWER/TRASH $0 $0 $0 $0 0,00% 6783 TELECOM $0 $0 $400 $700 0% $0 $0 Cell phone for Director $400 $700 6789 DEBT -SERVICE PRINCIPAL $204,000 $210,000 $210,000 $215,000 2.38% 2016 Debt service on business park $120,000 $125,000 Bond Debit Series B - Slayter Creek Park Phase It $90,000 $90,000 67901NTEREST EXPENSE $121,e,67 $3.16,883 $116,883 $110,876 -5.14% 2016 Debt service on business park $66,888 $63,851 Series 2012 B 1.6 Million Note for Slayter Creek $49,995 $47,025 Park 6799 OTHER SERVICES - MISC. $92,000 $56,424 545,000 $70,000 24.06% Change Description to read Cost share for Asst $0 $0 to CM salary & benefits Change Description to read for Parks $0 $0 Maintenance Cost Allocation to pay half of the personnel cost $q $70,000 for the FDC Director Increase per Jessica $0 $0 park maintenance $0 $0 Parks Maintenance % $0 Per Dana: After 9/4/18 meeting reduce cost $45,000 $0 allocation to Parks to $45,000 Reduce CDC contribution for Parks $0 $0 Remove all parks cost share $0 $0 6710 TRAVEL/TRAINING EXPENSE $8,416 $11,080 $16,600 $26,900 142.78% $0 $0 Basic Economic Development Course for ED $0 $1,700 Manager ICSC ReCON (Four People} $9,500 $9,200 ICSC Red River $1,600 $4,500 IEDC Annual Conference $0 $1,300 Mileage Reimbursement for ED Manager $0 $1,200 NAIOP Event $q $3,000 Wes Tax Training $2,500 $3,000 TEDC Annual Conference (2 People) $3,000 $3,000 SERVICES $784,802 $808,557 $812,893 $2,031,132 27.53°% 6912 BOND COST $0 $0 $0 $0 0.00% 6921 BUILDINGS AND IMPROVEMENTS $0 $0 $0 $0 0.00% 6941 OTHER CAPITAL EXPENDITURES $0 $0 $0 $0 0.00% CAPITAL EXPENDITURES $0 $0 $0 $0 0.0014 8900 OTHER FINANCING USE - DEBT REFUNDINGS 9800 TRANSFERS OUT 9812 TRANSFERS OUT - GENERAL FUND $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 0,00% 0.009/ 0.00% OTHER USES Of FUNDS $0 $0 $0 $0 0.00% TOTAL 825 $835,270 $900,700 $889,959 $1,148,770 27.54% THE CITY OF Anna �* CDC AGENDA ITEM: Item No. 8 CDC Agenda Staff Report Meeting Date .qtaff (nntart- 8.1.2019 Joey Grisham Consider/Discuss/Act on a Resolution authorizing payment for a trade show booth at the 2020 ICSC Red River Show. SUMMARY: The ICSC Red River States Conference & Deal Making Show is a prime opportunity to market the City of Anna to prospective retailers, restaurants, and brokers. The next show is January 8-10 in Fort Worth, and this will be the first time that Anna has had a booth presence. STAFF RECOMMENDATION: Approve a Resolution approving and authorizing the expenditure of an amount not to exceed $1,500 for a trade show booth space at the 2020 ICSC Red River States Conference & Deal Making Show in Fort Worth. ATTACHMENTS: 1. Resolution ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION APPROVING AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR A TRADE SHOW BOOTH SPACE AT THE 2020 ICSC RED RIVER STATES CONFERENCE & DEAL MAKING SHOW IN FORT WORTH. WHEREAS, the Anna Community Development Corporation (the "CDC") wishes to expend funds to have a trade show booth space at the 2020 ICSC Red River States Conference & Deal Making Show to market the City of Anna to prospective developers, retailers, and restaurants. NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Approval of Funding The CDC hereby authorizes the Chief Administrative Officer to charge the CDC's travel/training line item in an amount not to exceed $1,500 in the Fiscal Year 2018-2019 budget for a booth space at the 2020 ICSC Red River States Conference & Deal Making Show. PASSED AND APPROVED by the Anna Community Development Corporation this 1st day of August 2019. APPROVED: ATTEST: Anthony Richardson, CDC President Rocio Gonzalez, CDC Secretary THE CITY OF Anna �* CDC AGENDA ITEM: Director's Report A. Developer/Broker Day B. Ethics Training Item No. 9 CDC Agenda Staff Report Meeting Date Staff Contact: 8.1.2019 Joey Grisham C. NTCAR Expo —September 5 D. Report on current corporate financial status —Discussion Only E. Marketing Materials F. Chamber of Commerce Agreement G. Downtown Master Plan H. Bylaws Committee SUMMARY: STAFF RECOMMENDATION: N/A ATTACHMENTS: 1. CDC Financials for period ending 6/30/2019 2. EDC Financials for period ending 6/30/2019 CDC Balance Sheet For Period Ending 06/30/19 Beginning Current Month Ending Balance Activity YTD Activity Balance 10/1/2018 6/30/2019 6/30/2019 Assets 89-000-1010 Bank -Operating Funds 526,207.21 72,749.27 173,203.07 699,410.28 89-000-1012 Bank - Restricted Funds 18,762.61 29.67 264.56 19,027.17 89-000-1150 Accounts Receivable - - - - 89-000-1160 Accounts Receivable - Sales Tax 154,992.02 - (154,992.02) - 89-000-1202 Receivables - Due From General Fund - - - - 89-000-1215 Receivables - Local Business Loans 917310.00 91,310.00 Total Assets 791,271.84 72,778.94 18,475.61 8099747.45 Liabilities 89-000-2001 Accounts Payable 9,124.87 - (91124.87) 0.00 89-000-2020 Federal W/H Tax Payable 322.46 - (322.46) - 89-000-2021 FICA Payable 381.34 - (381.34) - 89-000-2024 Flexible Spending Payable - - - - 89-000-2025 Deferred Compensation Payable - - - - 89-000-2026 TMRS Payable - - - - 89-000-2027 Health Insurance Payable 37.31 - 0.06 37.37 89-000-2029 Salaries Payable 1,246.20 - (15246.20) - 89-000-2102 Payable - Due To General Fund(10) - - - - 89-000-2115 Deferred Revenue - Local Business Loans 419310.00 415310.00 Total Liabilities 52,422.18 (11,074,81) 41,347.37 Fund Balance 89-000-3711 Fund Balance 647,539.66 72,778.94 29,550.42 677,090.08 89-000-3711 Fund Balance -Restricted 91,310.00 91,310.00 Total Fund Balance 738,849.66 727778.94 297550.42 768,400.08 89-825-5225 89-825-5329 89-825-5499 89-825-5500 89-825-5530 89-825-5800 89-825-5840 89-825-5999 89-825-6101 89-825-6114 89-825-6121 89-825-6125 89-825-6126 89-825-6127 89-825-6129 8e825-6208 89-825-6209 89-825-6210 89-825-6212 89-825-6299 89-825-6700 89-825-6703 89-825-6710 89-825-6722 89-825-6731 89-825-6735 89-825-6753 89-825-6755 89-825-6756 89-825-6761 89-825-6783 89-825-6789 89-825-6790 89-825-6795 89-825-6799 89-825-6911 89-825-6912 89-825-6921 89-825-6931 89-825-6941 89-825-8900 89-825-9800 CDC Income Statement For Period Ending 06/30/19 Current on Activity YTD Activity 6/30/2019 Revenues Sales Tax Revenue - General 84,931.51 618,926.78 Donations - 39.00 Miscellaneous Revenue - - GranlRevenue - - IunrestRevenue 1,068.18 9,129.80 Transfers in - - Bond Proceeds - - Revolving Loan Revenue Total Revenues 85,999.69 628,095.58 Expenses Salaries Payroll Taxes -City Pan FICA Health Insurance TMRS Retirement Unemployment Workers Compensation Miscellaneous Payroll Once Supplies Other Supplies - Misc. Clothing Supplies Postage IT Supplies Economic Development Grant Expense Contract Services TravelR'raming Expense Insurance - Property & Liability Public Notices - Advertising Promation Expense Legal Expense Audit Expense Engineering Ouse, Publications, Permits & Licenses Telephones - Pagers Debt -Service Principal interest Expense and Fees Other Services - Misc. Machinery & Equipment Band Cost Buildings & Improvements Land & Improvements Other Capital Expenditures Other Financing Use - Debt Retundings Troasters Out - 29,284.92 - 2,345.58 - 4,683.00 - 4,507.47 - 9.00 115.95 - 100.00 128.66 283.08 119.00 1,436.67 - 13.40 1,866.04 1,866.04 - 106R47.17 8,146.00 60,570.94 2,407.93 10,906.79 - 62,020.00 5,892.22 2p300.00 270.00 500.00 1,436.06 210,000.00 59,873.75 53.12 34,563.12 Total Expenses 13,220.75 598,545.16 Net Profit/Loss 72,778.94 29,550.42 mmm m mmmmmmmmmmmmmmmmmmmmmmmmmmmmmm mmm m H m a a mmm H m a N m N N N N N N H m w m m m m m m m m wmm H a w m - 3. _ _ _ _ _ _ _ _ _ _ _ _ _ _ 4n w u u u u w u w w w u w w w w w u w u u u u w u w u w u u L L L L L L L L L L L L L L L L L L L L L L L L L L L L L L L L L m40 m A m N o e m m m> m o m m m m a m T o m T m m d m N T � N m L L L L L L L L L L L L L L L L L L L L L L L L L L L L L L L L L 9 0 0 0 0 0 3 0 ,a 0 ,3 0 0 0 3 0 3� 0 0 a; 0 3 ,d 0 3 0 d 3 ,3 0 3 0 3 3 a 3 0 3 3 3 0 3 3 0 3 3 3- ,3 - a n n n n n n n n n n a n n n a n n n n a n n n n n n n n n n n n n n n 3 _ _n CE n, ° _ - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 A > _ n aa _ a_ e- -0 n �' - �' - 0 C' - 0 ' - 0 - 0 7 3 3 3 3 D V 0 o � 0 u w F w 0 t 3 3 � � M 0 00 m H z z 3 3 3 0 ,a 9 "z o a s u 2 g D 0 �1 N D D a = o 'z "z - z� a a � a � � � � � a H i 3 _ - a 3 0 3. � 3 _ 4 D v _ g a o w � 3 a 3 3 a 0 000 ��w ��� W N � J 13 13 N O b O O A F � O O m n � Z Z _ 01 r r ,z m m �' o o m r � � � 0 g a a ��� (O WW A N A W � J 0 V m OJ m �p b W N N E A P � ip t00 fn (�O Oml O O O fT m m J N N � W ' O N W a ��.. m � a� `c' v� m m o x � •N• m c m � m m w c` m w � � r � m - 3 °' � � m m � a 9 O O z W Oo W Oo W W W�� W W Oo W W Oo W W W W Oo W�� W W W W W 00000,, 0 0 0 0 0 0 DOcu m 3O -9mco -9co 0m 0 '^ c M A. Aw m a fD T �0D mQA mA oD oD 0>,- m m o ommmoo'x - m o 0) m �NN o A Qow m m c o x A o v c m 0 m -0N m A A m 'o m 0 c �' a m m v T T 6 m v W m o m fAtaJ N _ _ NN O O O� N O (Ole O J O N W � A O tp O� W O O (O N (O O O O V O O O O O O O N O O O J a) O O O J O 0 0 0 0 0 :.ter.. �D m rn c O V O O O O O O W _ W O W N tp Ol O O O O O O O O O O O O O (O O O O O O m 0 0 0 0 0 0 0 O O O O O O O O J O 0 0 0 OJ O A O O O m 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Ut O O O O V N W � � A W W O tp Iv N m O O O O O 0 0 0 0 0 0 0 0 0 0 0 0� 0 0 0 O O o O O O O O 0 O O O O O O O O O O O O O O O W O 0 0� 0 0 0 0 0 0 0 0 0 0 Ut 0 0 0 0 0 O N _ E OJ 00l W O OWl W O tO W UAi A A O O V W O (n O J O W N m J �� tNO tW0 O O O J O O O O M O O V d) O O O W O 0 0 0 0 0 O O O O O O O W W O O O J O 0 0 0 0 0 D) � O N � N O J O O O O O J W n N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N (P N N N N N N N N O A W N>> t0 tp tp W W Ol N N N W N 0 m 0 N � Co m m o v m m x o, z x o r - O 'o m � w r m m a m v N � � A N N N W Q O N N W W 'NJ O O O > 0 0 0 0 0 0 0 0 0 (Vli 0 0 poj vrn n � N �a O N W Q 0 0 0 0 0 0 0 N O O O O O O O O O O O W O O N n O n N 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 W Ol N O � ID a V W d n EDC Balance Sheet For Period Ending 06/30/19 Beginning Current on Ending Balance Activity YTD Activity Balance 10/1/2018 6/30/2019 6/30/2019 Assets 90-000-1010 Bank -Operating Funds 211,125.24 236.54 (4,550.56) 206,574.68 90-000-1011 Bank - Money Market & Savings Funds - - - - 90-000-1150 Accounts Receivable 948.00 - (948,00) - 90-000-1160 Accounts Receivable - Sales Tax - - - - 90-000-1202 Receivables - Due From General Fund - - - - 90-000-1215 Receivables - Local Business Loans 913927.00 (500.00) (23000.00) 89,927.00 Total Assets 304,000.24 (263.46) (79498.56) 296,501,68 Liabilities 90-000-2001 Accounts Payable 317.97 - (317.97) 0.00 90-000-2005 Other Accounts Payable 200.00 - - 200.00 90-000-2102 Payable - Due To General Fund(10) - - - - 90-000-2115 Deferred Revenue - Local Business Loans 91,927.00 (500.00) (21000.00) 895927.00 90-000-2210 Retainage - - - - 90-000-2735 2011 CO's Current - - - - 90-000-2736 2011 CO's Non Current Total Liabilities 92,444.97 (500.00) (29317.97) 90,127.00 Fund Balance 90-000-3711 Fund Balance 211,555.27 236.54 (5,180.59) 206,374.68 Total Fund Balance 211,555.27 236.54 (51180.59) 206,374,68 EDC Income Statement For Period Ending 06/30/19 Current Month Activity YTD Activity 6/30/2019 Revenues 90-826-5225 Sales Tax Revenue - General - - 90-826-5350 Rental 449.00 13,822.00 90-826-5491 Gain on sales of Assets - - 90-826-5499 Miscellaneous Revenue 500.00 22000.00 90-826-5530 Interest Revenue 322.62 2,971.21 90-826-5800 Transfers in - - 90-826-5853 Other Financial Source from Notes Payable Total Revenues 1,271.62 18,793.21 Expenses 90-826-6208 Office Supplies - - 90-826-6209 Other Supplies - Misc. - 425.19 90-826-6210 Clothing Supplies - - 90-826-6212 Postage - - 90-826-6303 Maint. & Repair - Buildings - 3,615.47 90-826-6703 Contract Services 509.17 6,954.83 90-826-6708 IT Support Services 154.45 1,254.17 90-826-6710 Travelrfraining Expense - - 90-826-6722 Insurance - Property & Liability - 954.88 90-826-6735 Promotion Expense - - 90-826-6753 Legal Expense - 4,911.33 90-826-6755 Audit Expense - 2,300.00 90-826-6756 Engineering - - 90-826-6761 Dues, Publications, Permits & Licenses - - 90-826-6780 Electricity 229.84 1,963.48 90-826-6781 Gas - Natural/Propane 49.92 699.86 90-826-6782 City Utilities Water/Sewer/Trash 91.70 894.59 90-826-6783 Telephones - Pagers - - 90-826-6789 Debt -Service Principal - - 90-826-6790 Interest Expense - - 90-826-6799 Other Services - Misc. - - 90-826-6931 Land & Improvements - - 90-826-6941 Other Capital Expenditures - - 90-826-9800 Transfer Out - - Total Expenses 1,035.08 23,973.80 Net Income/Loss 236.54 (51180.59) \0 \ \la { I ° OR \\ r( )( \ ) ( \§( )) ( ) ) )(\ 7 )( 2 \ \\ !( v )§ - (} /{! /{ _ §} \ \{\ \ iz yG ƒ) o D a � 0 � 3, $ £ y Z '�' u � N G v v O ik 9 a O � m a � a s � z o 0 "z m z � a r D � � 'N'3N o 0 q D n A \ \ l M / 0 0 0 0 o O o 0 0 0 0 0 0 0 0 0 mN N rn N N rn N N N N m N N N N N N N N N 0 0 0 0 0 0 0 0 0 w w rn m rn rn rn m w w rn m m rn rn m m o 0 0 0 0 0 0 I yN ..N�' 0 m m D�0no xm '< mmCO m�c O O G o O mm m o a M N dc Nm A O V y j 77 X m � m o w w a. o p m m, W m m fD Q Q m o m = 3 m W m m m < r O a0i r, O m K m m � 47 Ut A N A O V (P N 0 0 Oo O O W O N O O V 0 0 0 O O N O O O O N O O O O [p O O O O J O 0 0 0 0 0 0 t� V O O O O W O O O O O A 0 0 0 A f0 O O O O O O O o 0 0 0 0 0 0 N O O O O o O o N A 0 0 0 0 0 0 0 mV 0 0 0 0 0 0 0 0 O O O O 0 0 0 0 0 0 0 0 0 0 0 0 N N Ut N O A W 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O N O (O 0 0 0 0 0 0 0 0 fT O 0 0 0 0 W 0 0 0 0 0 0 0 O O O O O O O O O O O O O O O O O O N O O O O O O O O O O O O O O O O O m at O W [O N �O Q7 A (O 0 0 � O A O A A Ut 0 0 lNT o W 0 W m O a 0 m O J m V 0 a w O W ' cp O c0 N N O O N O 0 0� 0 o O O J 0 0 0 0 0 0 0 W fD W O' O - N V V O O o o A O O O O O a7 i d 3 fD � W N W �I � o m W m a w V w V A m V_ N V �O O I O O O � W Q 0 m > > o ' Q N W O n � N a i O w � O _ V W N V A V m m l0 "m V W V i V W N V A V m m l0 "m V W V i V W V 0 0 0 0 0 0 0 0 m m y fD C N N y O O O O O O O N 0 0 0 0 0 0 0 (D O O O O O V 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 m O O O O A 0 0 0 0 0 0 0 N O O O O O O O (O O O O O O V 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 m O O O O A 0 0 0 0 0 0 0 N O O O O O O O (O 0 0 0 0 0 0 0 m O O O O A 0 0 0 0 0 0 0 N O O O O O O O (O m O O O O A 0 0 0 0 0 0 0 N O O O O O O O (O d h N � 3 n � A THE CITY OF Anna �* CDC AGENDA ITEM: CLOSED SESSION (exceptions): Item No. 10 CDC Agenda Staff Report Meeting Date: Staff Contact: 8.1.2019 Joey Grisham A. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov't Code §551.072) possible property acquisition; possible land sale/purchase; B. 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); Discuss contract concerning Revolving Loan Fund; promotional contract. C. 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) Anna Business Park Property; potential retail and medical projects.