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MEETING AGENDA
ANNA COMMUNITY DEVELOPMENT CORPORATION
AND
ANNA ECONOMIC DEVELOPMENT CORPORATION
Thursday, July 1, 2021 @ 6:00 PM
The EDC/CDC of the City of Anna will meet at 6:00 PM, on July 1, 2021, at the Anna City
Hall, Located at 111 North Powell Parkway (Hwy 5), to consider the following items below.
1. Call to Order, Roll Call and Establishment of Quorum.
2. Invocation and Pledge of Allegiance.
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 Items
a. Consider/Discuss/Act on approving minutes from the June 3, 2021 Joint
Community Development Corporation and Economic Development Corporation
Meeting. (CDC)
b. Consider/Discuss/Act on approving minutes from the June 3, 2021 Joint
Community Development Corporation and Economic Development Corporation
Meeting. (EDC)
5. Individual Consideration
a. Consider/Discuss/Act on a resolution approving an amendment to the Economic
Development Incentives Policy. (CDC)
b. Consider/Discuss/Act on a resolution approving an amendment to the Economic
Development Incentives Policy. (EDC)
C. Discuss preliminary FY 2022 CDC and EDC budgets.
6. Director's Report
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.
a. April Financials
b. April Sales Tax Report
C. Strategic Plan Update
d. Sales Tax Workshop
e. Budget Adoption Meeting - July 28 or 29
Development Forum - July 29
g. ICSC - December 5-7
7. Closed Session
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; Anna Business Park.
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); Grant program; Lease agreement and
professional services 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.
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.
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 posting of the agenda.
10. Adjourn.
This is to certify that I, Joey Grisham, Director, posted this agenda at a place readily accessible
to the public at the Anna City Hall and on the City Hall bulletin board at or before 5:00 p.m. on
June 28, 2021.
Joey Grisham, 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. 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.
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AGENDA ITEM:
Consent Items
SUMMARY:
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
These items consist of non -controversial or "housekeeping" items required by law.
Items may be considered individually by any board member making such request prior
to a motion and vote on the Consent Items.
STAFF RECOMMENDATION:
ATTACHMENTS:
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EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
P 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
Consider/Discuss/Act on approving minutes from the June 3, 2021 Joint Community
Development Corporation and Economic Development Corporation Meeting. (CDC)
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1. June 3 2021 CDC EDC Joint Meeting Minutes
Officers:
Anthony Richardson, President
Bruce Norwood, Vice -President
Rocio Gonzalez, Secretary
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Staff:
Joey Grisham, Economic Development Director
Taylor Lough, Economic Development Manager
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Anna Community Development Corporation and Anna Economic Development
Corporation Regular Meeting Minutes
Thursday, June 3, 2021 at 6:00 pm
Anna City Hall, Council Chambers
111 N. Powell Parkway, Anna, Texas 75409
The Anna Community Development Corporation and the Anna Economic Development Corporation
conducted a regular meeting at 6:00 p.m. on Thursday, June 3, 2021 at the Anna City Hall Council
Chambers, 111 N. Powell Pkwy. 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: https://www.annatexas.gov/962/AgendasMinutes
CDC and EDC Board Members Present: Anthony Richardson, Bruce Norwood, Rocio
Gonzalez, Michelle Hawkins, Matthew Seago and Kylee Kelley. CDC and EDC Board Members
Absent: Shane Williams Others Present: Joey Grisham (Economic Development Director),
Taylor Lough (Economic Development Manager), Lee Miller (Anna City Council Mayor Pro Tem),
and Jesse Villarreal (Greater Anna Chamber of Commerce Board Member)
1. Call to Order. Roll Call and Establishment of Quorum.
The meeting was called to order by Anthony Richardson, Board President, at 6:06 p.m.
Anthony Richardson welcomed newly appointed board member, Kylee Kelley.
2. Invocation and Pledge.
Invocation and Pledge of Allegiance were led by Anthony Richardson.
3. Citizen Comments.
None.
4. Consider/Discuss/Act on approving minutes from the May 6, 2021 CDC Meeting.
(CDC)
5. Consider/Discuss/Act on approving minutes from the May 6, 2021 EDC Meeting.
(EDC)
Officers: Staff:
Anthony Richardson, President Joey Grisham, Economic Development Director
Bruce Norwood, Vice -President Taylor Lough, Economic Development Manager
Rocio Gonzalez, Secretary
Bruce Norwood made a motion on behalf of the CDC and EDC to approve the minutes of
the May 6 Joint CDC and EDC Board Meeting. Rocio Gonzalez seconded the motion. All
were in favor. Kylee Kelley abstained. Motion passed.
6. Consider/Discuss/Act on electing a President. (EDC & CDC)
Anthony Richardson explained that it was time to elect officers per the CDC and EDC
bylaws.
Bruce Norwood made a motion nominating Anthony Richardson as President of both the
EDC and CDC Boards. Michelle Hawkins seconded the motion. All were in favor. Anthony
Richardson abstained. Motion passed.
7. Consider/Discuss/Act on electing a Vice President. (EDC & CDC)
Anthony Richardson made a motion nominating Bruce Norwood as Vice President of both
the EDC and CDC Boards. Michelle Hawkins seconded the motion. All were in favor.
Bruce Norwood abstained. Motion passed.
8. Consider/Discuss/Act on electing a Secretary. (EDC & CDC)
Anthony Richardson made a motion nominating Rocio Gonzalez as Secretary of both the
EDC and CDC Boards. Matthew Seaga seconded the motion. All were in favor. Rocio
Gonzalez abstained. Motion passed.
9. Consider/Discuss/Act on recommending the City Council approve the conveyance
of real property. (EDC)
Joey Grisham explained this item is regarding the current Police and Finance building at
101 S. Powell Parkway. As staff moves into the new City Hall which is currently under
construction, there is an opportunity to attract a commercial user. The EDC can lease to a
private entity should the City convey the property to the EDC.
Anthony Richardson asked if the EDC or CDC should be the owner of the property. Joey
Grisham explained that had been discussed with attorney Clark McCoy and the
recommendation was that the EDC own the building. One stipulation in the agreement will
be that the EDC cannot sell the building without permission from the City.
Anthony Richardson made a motion recommending the City Council approve the
conveyance of real property at 101 S. Powell Parkway to the EDC. Matthew Seaga
seconded the motion. All were in favor. Motion passed.
10. Consider/Discuss/Act on a resolution approving an agreement with Swimming
Duck, LLC for digital media services. (CDC)
Joey Grisham explained that the marketing plan adopted by the board includes a digital
marketing component. The partnership with Cooksey has resulted in great coverage
recently including the Dallas Business Journal front page story and other publications.
Cooksey recommended Swimming Duck and staff met with them several times to discuss
the proposal that was included in the packet. Taylor Lough added that the contract is for the
remaining of the fiscal year.
Officers: Staff:
Anthony Richardson, President Joey Grisham, Economic Development Director
Bruce Norwood, Vice -President Taylor Lough, Economic Development Manager
Rocio Gonzalez, Secretary
Michelle Hawkins stated that four months is a good trial period and was in favor.
Rocio Gonzalez made a motion authorizing the Economic Development Director to execute
a contract for marketing, advertising, and promotional services and to charge the CDC's
promotional line item an amount not to exceed $35, 000 in the Fiscal Year 2020-2021 for
marketing and promotional services for community and economic development purposes.
Bruce Norwood seconded the motion. All were in favor. Motion passed.
11. Director's Report)
a. Strategic Plan Update
Joey Grisham stated that the Economic Development Intern will be starting
Monday, June 7. Taylor Lough explained Nathaniel Johnson is a current Master of
Public Administration Student at the University of Texas at Arlington.
Taylor Lough explained that Cooksey Communications submitted the "Big Dreams
are Built Here" magazine ad for a national marketing award. It was selected for
Platinum, the highest level.
Joey Grisham also explained that staff met with Cook Children's and the Greater
Anna Chamber of Commerce in May. Linkedln Followers increased by 46 last
month to almost 400 despite website traffic being down.
b. March Financial Report
Financial Statements were included in the packet.
c. March Sales Tax Report
Sales tax reports were included in the packet. The March sales tax revenue was
over 49 percent more than March 2020.
12. 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;
Anna Business Park.
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); Grant program; Lease Agreement and 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.
Officers: Staff:
Anthony Richardson, President Joey Grisham, Economic Development Director
Bruce Norwood, Vice -President Taylor Lough, Economic Development Manager
Rocio Gonzalez, Secretary
Anthony Richardson made a motion to enter closed session. Matthew Seago seconded the
motion. All were in favor. Motion passed. CDC Board entered closed session at 6:47 p.m.
11. Reconvene into open session and take any action on closed session items.
Bruce Norwood made a motion to reconvene into open session. Matthew Seago seconded
the motion. All were in favor. Motion passed. The CDC reconvened into open session at
7:20 p.m. No action was taken.
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.
The Greater Anna Chamber of Commerce Board met yesterday, and they are accepting resumes
for the President/CEO position.
Matthew Seago shared that the Greater Anna Chamber of Commerce now has an app that
includes membership and events.
Michelle Hawkins shared that Lihoudies Authentic Greek Cuisine & Bakery restaurant has opened
in downtown.
Bruce Norwood shared that Keller Williams will be hosting concerts at Slayter Creek Park in July
and August.
13. Adjourn.
Rocio Gonzalez made a motion to adjourn the meeting at 7:22 pm. Anthony Richardson
seconded the motion. All were in favor. Motion passed.
APPROVED:
Anthony Richardson
President of CDC/EDC
ATTESTED:
Rocio Gonzalez
Secretary of CDC/EDC
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Staff Report
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Staff Contact:
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AGENDA ITEM:
Consider/Discuss/Act on approving minutes from the June 3, 2021 Joint Community
Development Corporation and Economic Development Corporation Meeting. (EDC)
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EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
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AGENDA ITEM:
Consider/Discuss/Act on a resolution approving an amendment to the Economic
Development Incentives Policy. (CDC)
SUMMARY:
A few edits are recommended to the Economic Development Incentives Policy.
STAFF RECOMMENDATION:
Motion on behalf of the CDC to approve a resolution amending the Economic
Development Incentives Policy.
ATTACHMENTS:
1. CDC Resolution
2. Economic Development Incentives Policy C03029D20210614CR1 redline
ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
AMENDING THE ECONOMIC DEVELOPMENT INCENTIVE POLICY TO PROMOTE
ECONOMIC DEVELOPMENT AND STIMULATE BUSINESS AND COMMERCIAL
ACTIVITY IN THE CITY OF ANNA
WHEREAS, the CDC Board adopted the Economic Development Incentive Policy at a
regular meeting on October 1, 2020 that was subsequently amended on March 4, 2021,
and
WHEREAS, after further review and consideration, the CDC wishes to amend the policy;
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 Amendments
The Anna Community Development Corporation hereby approves amendments to the
Economic Development Incentive Policy attached hereto as Exhibit A.
PASSED AND APPROVED by the Anna Community Development Corporation this 1 st
day of July 2021.
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Anthony Richardson, CDC President Rocio Gonzalez, CDC Secretary
THE CITY OF
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Economic Development Incentives Policy
The City of Anna, Texas, (City), in partnership with the Anna Community Development
Corporation (CDC) and the Anna Economic Development Corporation (EDC), is committed to the
promotion and retention of high quality development that increases economic diversity and
sustainability, creates jobs, and provides value to the community. The City considers incentives
based on the merit of each project and in accordance with the criteria outlined in this document,
the City of Anna Economic Development Strategic Plan, and the City of Anna Strategic Plan. All
recipients that are awarded incentives must meet or exceed the criteria and performance
standards outlined below and enter into a performance agreement with the City, CDC, and/or
EDC. Nothing in this policy shall imply or suggest that the City, CDC, or EDC are under any
obligation to provide an incentive to any applicant. All applications are considered on a case -by -
case basis.
City of Anna Strategic Plan Goal 1: Growing Anna Economy
Objectives:
1. Maintain and enhance an effective economic development organization that markets Anna,
finds prospects, and closes the deal
2. Expand the commercial tax base
3. Provide more jobs for neighbors
4. Develop parcels along U.S. 75 with viable businesses
5. Have a built -out Business Park
6. Have expanded medical and healthcare services, including Clinic and Outpatient Surgical
Center(s)
7. Expand retail, restaurant and entertainment businesses
Anna Economic Development Vision
Anna has created a balanced and sustainable tax base that invites high qualityjobs and facilitates,
excellent quality of life with well -maintained and first-rate infrastructure, and offers a wide range
of housing and public facilities that build community identity and pride and engage neighbors in
meaningful ways.
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
Economic Development Corporation (EDC) & Community Development Corporation (CDC) commented [CM1]: update the date In the header?
The City has both a Type A and Type B Economic and Community Development Corporation as
set up aycreated under the Texas Development Corporation Act of 1979. The Type A sales tax
is primarily intended for manufacturing and industrial development. EDCs may use Type A
revenues n4ayto fund land, buildings, equipment, facilities expenditures, targeted infrastructure
and improvements for projects and job creation. The Type B sales tax may be used for any project
eligible under Type A rules and several other project types, including quality of life improvements.
Type B corporations may pay for land, buildings, equipment, facilities, targeted infrastructure and
improvements. -Type B corporations created by cities with a population of 20,000 or less may
also use sales tax revenue to fund projects that promote new or expanded business development
that do not create or retain primary jobs.
Project Criteria
Eligible projects must provide a return on investment (ROI) and benefit for public funds provided.
ROI may be determined through an analysis of:
• Total capital investment and resulting taxable value generating annual increases of
property tax revenue
• The number and type of jobs to be created
• Estimated ability to generate direct and/or indirect sales tax revenue
• Estimated ability to generate future overnight stays that result in future direct hotel
occupancy fund revenue and indirect revenue associated with visitors
Recommendations for incentives are based on the evaluation of the following:
• Fiscal Impact
o What is the estimated total value of capital investment for buildings, other real
property improvements and furniture, fixtures, and equipment?
o What is the total projected annual operating budget of the facility?
o What is the value of real and business personal property that will be added to the
tax rolls?
o How much direct sales tax will be generated?
o How much infrastructure construction be required?
o What is the estimated return on public investment?
• Employment Impact
o How many permanent jobs will be brought to Anna?
o How many jobs will be retained?
o What types of jobs will be created?
o What will the total annual payroll be?
o What is the average annual salary of jobs created and/or retained?
• Community Impact
o How compatible is the project with the City's Comprehensive Plan and Economic
Development Strategic Plan goals?
o How does the project support quality of life benefits such as preservation of open
space and development enhancements?
o What effect would the project have on the local housing market?
o What environmental impact, if any, will be created by the project?
o What effect would the project have on other taxing entities?
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City of Anna Economic Development Incentive Policy — Updated September 16, 2020
Targeted Priorities
The City may consider providing incentives for projects that further the City's strategic plans.
• Job Creation — The City may consider an incentive for the creation and maintenance of
jobs by offering a grant payment for companies that create or relocate a minimum of 25
full-time jobs within the City. The company must maintain the number of jobs created
and/or relocated for at least a 5-year period to receive the total grant payment. Each job
eligible for grant payment must pay at least 100% of the average annual wage for Collin
County, as determined by the United States Dept. of Labor, Bureau of Labor Statistics.
• Downtown — The City may consider incentives for projects within or immediately
surrounding the City's downtown that advance the goals of the Downtown Master Plan.
Incentives may include grants or reimbursement for improvements to new or existing
buildings, pedestrian corridors, fagades, murals or public art, iconic signage and/or
lighting.
• Niche / Specialty Retail, Entertainment, Restaurant — The City may consider providing
incentives to "destination" retailers or restaurants that have the capability to attract
customers from outside the area, serve as a catalyst for other development in the area,
and/or provide new and different shopping, dining, or entertainment experiences.
• Office — The City may consider providing incentives for corporate headquarters and/or
regional offices as well as multi -tenant offices for professional services (accountants,
engineers, architects, medical, information technology, lawyers, advertising and media,
management consulting, financial, insurance, wealth management, actuary, etc.).
• Distribution and Logistics — The City may consider providing incentives to support the
supply chain of existing primary employers and better serve current and future neighbors.
• Advanced and Light Manufacturing — The City may consider providing incentives for
corporate headquarters and/or regional service locations.
• Medical / Healthcare — The City may consider providing incentives to provide additional
medical and healthcare related businesses to support the existing and better serve current
and future neighbors.
• Data Centers — The City may consider providing incentives for projects including data
centers to support current and future businesses.
List of Available Incentives
The following may be offered by the City, CDC, and/or EDC for economic development projects
that meet eligibility criteria. Not all tools are available for each project and any incentive is at the
discretion of the Anna City Council and/or CDC and EDC Board. Investment from the City does
not preclude other state, county or local incentives.
• Chapter 380 Agreements — Authorized under Chapter 380 of the Texas Local Government
Code, this agreement between the taxpayer and taxing entity offers a variety of fee -based
or tax -based incentives, including grants, loans, or rebates to promote local economic
development and stimulate business and commercial activity.
• Economic Development Grants — The City has both Type A and Type B sales tax
corporations. Funds may be available to finance qualified projects as determined by the
Boards of the EDC and/or CDC.
• Fee Reductions / Waivers — The City may consider decreasing or waiving certain
development fees on eligible projects.
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City of Anna Economic Development Incentive Policy — Updated September 16, 2020
• Triple Freeport Tax Exemption — The City, Anna Independent School District, and Collin
County all allow freeport exemption on certain types of tangible personal property (i.e.
inventory, etc.) from ad valorem property taxation provided the property is:
o Acquired in or imported into Texas to be forwarded out of the state.
o Detained in Texas for assembling, storing, manufacturing, processing, or fabricating
purposes by the entity acquiring or importing it.
o Transported out of state within 175 days after the date acquired or imported it into
Texas.
o Applications for freeport exemptions must be filed with the Collin County Appraisal
District.
• Infrastructure Assistance — The City may facilitate development through enhancement of
water, sewer, and/or roadway infrastructure relevant to sites selected for significant
projects as needed.
• Modification of Development Regulations / Standards — The City may provide provisions
for modifying development standards or regulations for unique developments that support
major new tax benefits for the City or incorporates construction or design features that far
exceed the City's regulations.
• Property Tax Rebates / Abatements — Authorized by Chapter 312 of the Texas Property
Tax Code, the City may exempt all or a portion of the increase in the value of real and/or
business personal property from taxation. A cost benefit analysis will be performed to
determine the feasibility of the project as well as the percentage and terms of abatement.
All abatements are subject to final approval of the City Council.
• Public Improvement Districts (PID) — Authorized by Chapter 372 of the Texas Local
Government Code, the City may finance the cost of qualified improvements within a
defined area. Applications for a PID must be made separately from other incentives.
Please refer to the City of Anna Public Improvement District Policy.
• Tax Increment Reinvestment Zone (TIRZ) — Authorized by Chapter 311 of the Texas Tax
Code, the City may use tax increment financing to enter into economic development and
infrastructure reimbursement agreements to pay for improvements. The TIRZ, whether
City -initiated or petitioned by the property owners, sets up a geographic boundary that can
be used develop raw land and proactively address decline or deterioration. Note: The
creation of a TIRZ may specify how tax revenue is allocated or spent but does not in any
way impact the tax rate as TIRZs have no taxing or assessment powers.
Statement on Tax Abatement
The Property Development and Tax Abatement Act, Chapter 312, Texas Tax Code, allows the
City to establish its own criteria for tax abatements. Tax abatements may be offered in two
categories: 1) real property and/or 2) business personal property.
Real property abatements may be offered to applicants that pursue the construction of new or
expanded facilities in which to house the applicable project. The abatement will apply to the
assessed value of improvements made.
Business personal property abatements may be offerred to applications that pursue the purchase
or long-term lease of existing facilities. The abatement will apply to the assessed value of new
personal property brought into the taxing jurisdiction. Assessed value shall mean the taxable
value of real property improvements and business personal property as determined by the county
appraisal district in which the property is located.
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City of Anna Economic Development Incentive Policy — Updated September 16, 2020
Value of Incentives
The subject criteria outlined herein will be used in determining whether it is in the best interest of
the City, CDC and EDC to provide incentive(s). Specific considerations include how the individual
project furthers the goals and objectives of the community and the impact of the project. The
public benefit or amount of revenue realized by the City and attributable to the project must equal
or exceed the value of any incentives granted under the application.
Eligible Activities
Incentive funds may be used for one or more of the following to assist development or
redevelopment:
• Capital investment related to real property construction and acquisition
• Improvements to an existing building
• Infrastructure
• Site enhancements such as upgraded aesthetics or amenities
• Other purposes which bring value to the community as determined by the Anna City
Council, EDC and CDC
Exclusionary Factors
While a project may meet all minimum project qualifications, it will not be considered for public
investment if any of the following factors apply:
• The project would, for any reason, result in a net reduction of the ad valorem tax valuation
of facilities in the City owned by the company, or its parent, subsidiary or affiliated
companies
• The company is not in good legal or financial standing with the State of Texas (or other
state if not formed in Texas), Collin County, or City
• The company is not registered to do business in Texas as evidenced by the records of the
Texas Secretary of State
• The financial condition of the company is such that the ability of the company to meet its
obligations is uncertain
Public Information
While Section 522.131 of the Texas Government Code (Public Information Act) makes information
related to economic development negotiations between the City and business prospect
confidential, any information provided by an applicant may be subject to release to the public
pursuant to the Act.
It is the responsibility of the applicant to clearly identify proprietary or confidential information it
wishes to protect from release. According to Section 312.003 of the Texas Tax Code, part of an
application that describes the specific process or business activities to be conducted or equipment
or other property is not subject to public disclosure until the incentive agreement is executed.
The City will make reasonable attempts to notify the applicant if a request is made for information
that is indicated as confidential so that the applicant may assert its rights to be withheld from
release to the Texas Attorney General.
5 1 P a g e
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
Application
The first step for any applicant is to submit an application and include information detailing the
criteria outlined above. For the application to be complete, the applicant shall prepare a map or
other documents that show the precise location of the property. The map or other documents
should show the existing uses and conditions of real property, proposed improvements and uses,
and proposed zoning changes if applicable. Additional documentation should also show
compatibility with the City of Anna's c rrentComprehensivecurrent Comprehensive Plan and
applicable building codes and City ordinances. An application for financial or other incentives shall
not be considered an application for a permit under Chapter 245 of the Texas Local Government
Code.
Applications are submitted through a third -party software program and can be found online at
https://opportunityannatx.com/the-edc-cdc/.
Application Review Procedural Guidelines
• All information in the application package will be reviewed for completeness and
accuracy.
• The City, EDC and CDC will not enter into an incentive agreement with any business
entity unless, in accordance with Section 2252.908 of the Texas Government Code and
rules adopted by the Texas Ethics Commission, a disclosure of interested parties is
submitted. (Referenced: Form 1295) https://www.ethics.state.tx.us/filinginfo/l295/
• The attached disclosure form is required to be executed before a notary and submitted
before any incentives will be considered.
• The City's Economic Development Department will review the application with the City
Manager and appropriate City departments for internal review and comments. Additional
information may be requested as needed.
• The Anna Community Development Corporation (CDC) Board and/or Anna Economic
Development Corporation (EDC) may serve as an advisory body which makes
recommendations to the City Council regarding whether economic development
incentives should be offered in each individual case. The CDC and/or EDC Board may
also provide incentives using CDC/EDC funds when appropriate. All meetings of the
CDC/EDC Board shall be held in compliance with the Texas Open Meetings Act,
Chapter 551 of the Texas Government Code. Additional information may be requested
as needed.
• The CDC/EDC Board may consider adoption of a resolution approving the terms and
conditions of a contract between the CDC/EDC and the applicant.
• If the City Council decides to grant a tax abatement, it shall call a public hearing to
consider establishment of a tax reinvestment zone in accordance with Section 312.201
of the Tax Code. This does not preclude the City from entering into a Chapter 380
agreement that may have incentives similar to those derived by tax abatement.
• The City Council may consider adoption of an ordinance or resolution approving the
terms and conditions of a contract between the City and the applicant governing the
provision of the tax abatement or incentive and the commitments of the applicant,
including all terms required by Section 312.205 of the Tax Code and other terms and
conditions as the City Council may require
• The City reserves the authority to enter into tax abatement agreements at differing
percentages and/or terms, consistent with the requirements of the Texas Tax Code. The
6 1 P a g e
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
City also reserves the authority to enter into incentives agreements under Chapter 380
of the Texas Local Government Code.
• Those receiving incentives will be required to enter into a performance agreement.
Projects that do not meet performance measures are subject to recapture of all or a
portion of the incentive value.
7 1 P a g e
A:i
HE CITY OF
na
W,'CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
IIMM1 ►C.M.'11111i7
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
R 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
Consider/Discuss/Act on a resolution approving an amendment to the Economic
Development Incentives Policy. (EDC)
SUMMARY:
A few edits are being recommended.
STAFF RECOMMENDATION:
Motion on behalf of the EDC to approve a resolution amending the Economic
Development Incentives Policy.
ATTACHMENTS:
1. EDC Resolution
2. Economic Development Incentives Policy C03029D20210614CR1 redline
ANNA ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO.
A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION
AMENDING THE ECONOMIC DEVELOPMENT INCENTIVE POLICY TO PROMOTE
ECONOMIC DEVELOPMENT AND STIMULATE BUSINESS AND COMMERCIAL
ACTIVITY IN THE CITY OF ANNA
WHEREAS, the EDC Board adopted the Economic Development Incentive Policy at a
regular meeting on October 1, 2020 that was subsequently amended on March 4, 2021,
and
WHEREAS, after further review and consideration, the EDC wishes to amend the
policy;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA ECONOMIC 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 Amendments
The Anna Economic Development Corporation hereby approves amendments to the
Economic Development Incentive Policy attached hereto as Exhibit A.
PASSED AND APPROVED by the Anna Economic Development Corporation this 1 st
day of July 2021.
Anthony Richardson, EDC President
/_11992m 1
Rocio Gonzalez, EDC Secretary
THE CITY OF
manna
ATHE CITY OFAnna
THE CITY OF
nna
CDC_"�
EDC
Economic Development Incentives Policy
The City of Anna, Texas, (City), in partnership with the Anna Community Development
Corporation (CDC) and the Anna Economic Development Corporation (EDC), is committed to the
promotion and retention of high quality development that increases economic diversity and
sustainability, creates jobs, and provides value to the community. The City considers incentives
based on the merit of each project and in accordance with the criteria outlined in this document,
the City of Anna Economic Development Strategic Plan, and the City of Anna Strategic Plan. All
recipients that are awarded incentives must meet or exceed the criteria and performance
standards outlined below and enter into a performance agreement with the City, CDC, and/or
EDC. Nothing in this policy shall imply or suggest that the City, CDC, or EDC are under any
obligation to provide an incentive to any applicant. All applications are considered on a case -by -
case basis.
City of Anna Strategic Plan Goal 1: Growing Anna Economy
Objectives:
1. Maintain and enhance an effective economic development organization that markets Anna,
finds prospects, and closes the deal
2. Expand the commercial tax base
3. Provide more jobs for neighbors
4. Develop parcels along U.S. 75 with viable businesses
5. Have a built -out Business Park
6. Have expanded medical and healthcare services, including Clinic and Outpatient Surgical
Center(s)
7. Expand retail, restaurant and entertainment businesses
Anna Economic Development Vision
Anna has created a balanced and sustainable tax base that invites high qualityjobs and facilitates,
excellent quality of life with well -maintained and first-rate infrastructure, and offers a wide range
of housing and public facilities that build community identity and pride and engage neighbors in
meaningful ways.
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
Economic Development Corporation (EDC) & Community Development Corporation (CDC) commented [CM1]: update the date In the header?
The City has both a Type A and Type B Economic and Community Development Corporation as
set up aycreated under the Texas Development Corporation Act of 1979. The Type A sales tax
is primarily intended for manufacturing and industrial development. EDCs may use Type A
revenues n4ayto fund land, buildings, equipment, facilities expenditures, targeted infrastructure
and improvements for projects and job creation. The Type B sales tax may be used for any project
eligible under Type A rules and several other project types, including quality of life improvements.
Type B corporations may pay for land, buildings, equipment, facilities, targeted infrastructure and
improvements. -Type B corporations created by cities with a population of 20,000 or less may
also use sales tax revenue to fund projects that promote new or expanded business development
that do not create or retain primary jobs.
Project Criteria
Eligible projects must provide a return on investment (ROI) and benefit for public funds provided.
ROI may be determined through an analysis of:
• Total capital investment and resulting taxable value generating annual increases of
property tax revenue
• The number and type of jobs to be created
• Estimated ability to generate direct and/or indirect sales tax revenue
• Estimated ability to generate future overnight stays that result in future direct hotel
occupancy fund revenue and indirect revenue associated with visitors
Recommendations for incentives are based on the evaluation of the following:
• Fiscal Impact
o What is the estimated total value of capital investment for buildings, other real
property improvements and furniture, fixtures, and equipment?
o What is the total projected annual operating budget of the facility?
o What is the value of real and business personal property that will be added to the
tax rolls?
o How much direct sales tax will be generated?
o How much infrastructure construction be required?
o What is the estimated return on public investment?
• Employment Impact
o How many permanent jobs will be brought to Anna?
o How many jobs will be retained?
o What types of jobs will be created?
o What will the total annual payroll be?
o What is the average annual salary of jobs created and/or retained?
• Community Impact
o How compatible is the project with the City's Comprehensive Plan and Economic
Development Strategic Plan goals?
o How does the project support quality of life benefits such as preservation of open
space and development enhancements?
o What effect would the project have on the local housing market?
o What environmental impact, if any, will be created by the project?
o What effect would the project have on other taxing entities?
2 1 P a g e
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
Targeted Priorities
The City may consider providing incentives for projects that further the City's strategic plans.
• Job Creation — The City may consider an incentive for the creation and maintenance of
jobs by offering a grant payment for companies that create or relocate a minimum of 25
full-time jobs within the City. The company must maintain the number of jobs created
and/or relocated for at least a 5-year period to receive the total grant payment. Each job
eligible for grant payment must pay at least 100% of the average annual wage for Collin
County, as determined by the United States Dept. of Labor, Bureau of Labor Statistics.
• Downtown — The City may consider incentives for projects within or immediately
surrounding the City's downtown that advance the goals of the Downtown Master Plan.
Incentives may include grants or reimbursement for improvements to new or existing
buildings, pedestrian corridors, fagades, murals or public art, iconic signage and/or
lighting.
• Niche / Specialty Retail, Entertainment, Restaurant — The City may consider providing
incentives to "destination" retailers or restaurants that have the capability to attract
customers from outside the area, serve as a catalyst for other development in the area,
and/or provide new and different shopping, dining, or entertainment experiences.
• Office — The City may consider providing incentives for corporate headquarters and/or
regional offices as well as multi -tenant offices for professional services (accountants,
engineers, architects, medical, information technology, lawyers, advertising and media,
management consulting, financial, insurance, wealth management, actuary, etc.).
• Distribution and Logistics — The City may consider providing incentives to support the
supply chain of existing primary employers and better serve current and future neighbors.
• Advanced and Light Manufacturing — The City may consider providing incentives for
corporate headquarters and/or regional service locations.
• Medical / Healthcare — The City may consider providing incentives to provide additional
medical and healthcare related businesses to support the existing and better serve current
and future neighbors.
• Data Centers — The City may consider providing incentives for projects including data
centers to support current and future businesses.
List of Available Incentives
The following may be offered by the City, CDC, and/or EDC for economic development projects
that meet eligibility criteria. Not all tools are available for each project and any incentive is at the
discretion of the Anna City Council and/or CDC and EDC Board. Investment from the City does
not preclude other state, county or local incentives.
• Chapter 380 Agreements — Authorized under Chapter 380 of the Texas Local Government
Code, this agreement between the taxpayer and taxing entity offers a variety of fee -based
or tax -based incentives, including grants, loans, or rebates to promote local economic
development and stimulate business and commercial activity.
• Economic Development Grants — The City has both Type A and Type B sales tax
corporations. Funds may be available to finance qualified projects as determined by the
Boards of the EDC and/or CDC.
• Fee Reductions / Waivers — The City may consider decreasing or waiving certain
development fees on eligible projects.
31Page
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
• Triple Freeport Tax Exemption — The City, Anna Independent School District, and Collin
County all allow freeport exemption on certain types of tangible personal property (i.e.
inventory, etc.) from ad valorem property taxation provided the property is:
o Acquired in or imported into Texas to be forwarded out of the state.
o Detained in Texas for assembling, storing, manufacturing, processing, or fabricating
purposes by the entity acquiring or importing it.
o Transported out of state within 175 days after the date acquired or imported it into
Texas.
o Applications for freeport exemptions must be filed with the Collin County Appraisal
District.
• Infrastructure Assistance — The City may facilitate development through enhancement of
water, sewer, and/or roadway infrastructure relevant to sites selected for significant
projects as needed.
• Modification of Development Regulations / Standards — The City may provide provisions
for modifying development standards or regulations for unique developments that support
major new tax benefits for the City or incorporates construction or design features that far
exceed the City's regulations.
• Property Tax Rebates / Abatements — Authorized by Chapter 312 of the Texas Property
Tax Code, the City may exempt all or a portion of the increase in the value of real and/or
business personal property from taxation. A cost benefit analysis will be performed to
determine the feasibility of the project as well as the percentage and terms of abatement.
All abatements are subject to final approval of the City Council.
• Public Improvement Districts (PID) — Authorized by Chapter 372 of the Texas Local
Government Code, the City may finance the cost of qualified improvements within a
defined area. Applications for a PID must be made separately from other incentives.
Please refer to the City of Anna Public Improvement District Policy.
• Tax Increment Reinvestment Zone (TIRZ) — Authorized by Chapter 311 of the Texas Tax
Code, the City may use tax increment financing to enter into economic development and
infrastructure reimbursement agreements to pay for improvements. The TIRZ, whether
City -initiated or petitioned by the property owners, sets up a geographic boundary that can
be used develop raw land and proactively address decline or deterioration. Note: The
creation of a TIRZ may specify how tax revenue is allocated or spent but does not in any
way impact the tax rate as TIRZs have no taxing or assessment powers.
Statement on Tax Abatement
The Property Development and Tax Abatement Act, Chapter 312, Texas Tax Code, allows the
City to establish its own criteria for tax abatements. Tax abatements may be offered in two
categories: 1) real property and/or 2) business personal property.
Real property abatements may be offered to applicants that pursue the construction of new or
expanded facilities in which to house the applicable project. The abatement will apply to the
assessed value of improvements made.
Business personal property abatements may be offerred to applications that pursue the purchase
or long-term lease of existing facilities. The abatement will apply to the assessed value of new
personal property brought into the taxing jurisdiction. Assessed value shall mean the taxable
value of real property improvements and business personal property as determined by the county
appraisal district in which the property is located.
4 1 P a g e
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
Value of Incentives
The subject criteria outlined herein will be used in determining whether it is in the best interest of
the City, CDC and EDC to provide incentive(s). Specific considerations include how the individual
project furthers the goals and objectives of the community and the impact of the project. The
public benefit or amount of revenue realized by the City and attributable to the project must equal
or exceed the value of any incentives granted under the application.
Eligible Activities
Incentive funds may be used for one or more of the following to assist development or
redevelopment:
• Capital investment related to real property construction and acquisition
• Improvements to an existing building
• Infrastructure
• Site enhancements such as upgraded aesthetics or amenities
• Other purposes which bring value to the community as determined by the Anna City
Council, EDC and CDC
Exclusionary Factors
While a project may meet all minimum project qualifications, it will not be considered for public
investment if any of the following factors apply:
• The project would, for any reason, result in a net reduction of the ad valorem tax valuation
of facilities in the City owned by the company, or its parent, subsidiary or affiliated
companies
• The company is not in good legal or financial standing with the State of Texas (or other
state if not formed in Texas), Collin County, or City
• The company is not registered to do business in Texas as evidenced by the records of the
Texas Secretary of State
• The financial condition of the company is such that the ability of the company to meet its
obligations is uncertain
Public Information
While Section 522.131 of the Texas Government Code (Public Information Act) makes information
related to economic development negotiations between the City and business prospect
confidential, any information provided by an applicant may be subject to release to the public
pursuant to the Act.
It is the responsibility of the applicant to clearly identify proprietary or confidential information it
wishes to protect from release. According to Section 312.003 of the Texas Tax Code, part of an
application that describes the specific process or business activities to be conducted or equipment
or other property is not subject to public disclosure until the incentive agreement is executed.
The City will make reasonable attempts to notify the applicant if a request is made for information
that is indicated as confidential so that the applicant may assert its rights to be withheld from
release to the Texas Attorney General.
5 1 P a g e
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
Application
The first step for any applicant is to submit an application and include information detailing the
criteria outlined above. For the application to be complete, the applicant shall prepare a map or
other documents that show the precise location of the property. The map or other documents
should show the existing uses and conditions of real property, proposed improvements and uses,
and proposed zoning changes if applicable. Additional documentation should also show
compatibility with the City of Anna's c rrentComprehensivecurrent Comprehensive Plan and
applicable building codes and City ordinances. An application for financial or other incentives shall
not be considered an application for a permit under Chapter 245 of the Texas Local Government
Code.
Applications are submitted through a third -party software program and can be found online at
https://opportunityannatx.com/the-edc-cdc/.
Application Review Procedural Guidelines
• All information in the application package will be reviewed for completeness and
accuracy.
• The City, EDC and CDC will not enter into an incentive agreement with any business
entity unless, in accordance with Section 2252.908 of the Texas Government Code and
rules adopted by the Texas Ethics Commission, a disclosure of interested parties is
submitted. (Referenced: Form 1295) https://www.ethics.state.tx.us/filinginfo/l295/
• The attached disclosure form is required to be executed before a notary and submitted
before any incentives will be considered.
• The City's Economic Development Department will review the application with the City
Manager and appropriate City departments for internal review and comments. Additional
information may be requested as needed.
• The Anna Community Development Corporation (CDC) Board and/or Anna Economic
Development Corporation (EDC) may serve as an advisory body which makes
recommendations to the City Council regarding whether economic development
incentives should be offered in each individual case. The CDC and/or EDC Board may
also provide incentives using CDC/EDC funds when appropriate. All meetings of the
CDC/EDC Board shall be held in compliance with the Texas Open Meetings Act,
Chapter 551 of the Texas Government Code. Additional information may be requested
as needed.
• The CDC/EDC Board may consider adoption of a resolution approving the terms and
conditions of a contract between the CDC/EDC and the applicant.
• If the City Council decides to grant a tax abatement, it shall call a public hearing to
consider establishment of a tax reinvestment zone in accordance with Section 312.201
of the Tax Code. This does not preclude the City from entering into a Chapter 380
agreement that may have incentives similar to those derived by tax abatement.
• The City Council may consider adoption of an ordinance or resolution approving the
terms and conditions of a contract between the City and the applicant governing the
provision of the tax abatement or incentive and the commitments of the applicant,
including all terms required by Section 312.205 of the Tax Code and other terms and
conditions as the City Council may require
• The City reserves the authority to enter into tax abatement agreements at differing
percentages and/or terms, consistent with the requirements of the Texas Tax Code. The
6 1 P a g e
City of Anna Economic Development Incentive Policy — Updated September 16, 2020
City also reserves the authority to enter into incentives agreements under Chapter 380
of the Texas Local Government Code.
• Those receiving incentives will be required to enter into a performance agreement.
Projects that do not meet performance measures are subject to recapture of all or a
portion of the incentive value.
7 1 P a g e
A:i
HE CITY OF
na
W,'CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
Item No. 5.c.
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
R 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
Discuss preliminary FY 2022 CDC and EDC budgets.
SUMMARY:
Staff will provide a presentation outlining the attached preliminary FY 2022 budget.
1+3r_1a0N*0]LT, ILTi14z117_r1Eel kiF
I_'Iif_[91:ILT, 140k&I
1. FY2022 CDC EDC Fund Summaries
2. Draft FY 2022 EDC Budget
3. Drat FY 2022 CDC Budget
CITY OF ANNA
COMMUNITY DEVELOPMENT CORPORATION
Actual
Budget
Estimated
Budget
2019-20
2020-21
2020-21
2021-22
BEGINNING BALANCES
$
978,731
$
1,192,604
$
1,393,074
$
1,613,338
REVENUES:
Property Taxes
$
-
$
-
$
-
$
-
Sales Tax
1,362,791
1,300,000
1,600,000
1,630,000
Charges for Services
-
-
-
-
Licenses and Permits
-
-
Franchise and Local Taxes
-
-
-
-
Investment Income
11,588
11,140
5,000
5,000
Other Revenues
183
-
-
-
Intergovernmental
-
-
-
-
Fines
-
-
-
-
TOTAL OPERATIONAL REVENUE
$
1,374,562
$
1,311,140
$
1,605,000
$
1,635,000
Transfers from other funds
-
-
-
-
TOTAL REVENUES
$
1,374,562
$
1,311,140
$
1,605,000
$
1,635,000
TOTAL AVAILABLE RESOURCES
$
2,353,293
$
2,503,744
$
2,998,074
$
3,248,338
EXPENDITURES:
Payroll
$
90,669
$
138,985
$
138,985
$
379,566
Supplies
3,943
7,100
10,100
10,600
Maintenance
-
-
-
-
Services
539,706
906,400
906,400
1,070,145
Debt Service
325,901
329,251
329,251
327,463
Capital Outlay
-
-
-
-
Capital Improvement
-
-
-
-
TOTAL OPERATIONAL EXPENDITURES
$
960,219
$
1,381,736
$
1,384,736
$
1,787,774
Transfers to other funds
-
-
-
-
TOTAL EXPENDITURES
$
960,219
$
1,381,736
$
1,384,736
$
1,787,774
ENDING FUND BALANCES
$
1,393,074
$
1,122,008
$
1,613,338
$
1,460,564
Fund Balance Percentage
145.1%
81.2%
116.5%
81.7%
ANNUAL BUDGET FOR FISCAL YEAR 2022
CITY OF ANNA
ECONOMIC DEVELOPMENT CORPORATION
Actual Budget Estimated Budget
2019-20 2020-21 2020-21 2021-22
BEGINNING BALANCES
$
588,696
$
417,877
$
460,382
$
351,708
REVENUES:
Property Taxes
$
-
$
-
$
-
$
-
Sales Tax
-
-
-
-
Charges for Services
10,243
17,476
17,476
10,000
Licenses and Permits
-
-
-
-
Franchise and Local Taxes
-
-
-
-
Investment Income
6,922
6,000
2,000
2,000
Other Revenues
1,500
1,500
1,500
1,500
Intergovernmental
-
-
-
-
Fines
-
-
-
-
TOTAL OPERATIONAL REVENUE
$
18,665
$
24,976
$
20,976
$
13,500
Transfers from other funds
-
-
-
-
TOTAL REVENUES
$
18,665
$
24,976
$
20,976
$
13,500
TOTAL AVAILABLE RESOURCES
$
607,361
$
442,853
$
481,358
$
365,208
EXPENDITURES:
Payroll
$
-
$
-
$
-
$
-
Supplies
1,329
-
-
-
Maintenance
33
3,000
3,000
3,000
Services
145,617
126,650
126,650
82,800
Debt Service
-
-
-
-
Capital Outlay
-
-
-
Capital Improvement
-
-
-
-
TOTAL OPERATIONAL EXPENDITURES
$
146,979
$
129,650
$
129,650
$
85,800
Transfers to other funds
-
-
-
-
TOTAL EXPENDITURES
$
146,979
$
129,650
$
129,650
$
85,800
ENDING FUND BALANCES
$
460,382
$
313,203
$
351,708
$
279,408
Fund Balance Percentage
313.2%
241.6%
271.3%
325.7%
ANNUAL BUDGET FOR FISCAL YEAR 2022
M
90-826-6209
EDC
I Description FY2020 ACT
Supplies Other Supplies - Misc. 1,329
FY2021 FY2021 RE- FY2022 BASE Dept Change FY2022 Prop COMMENTS / DETAILS
REVISED EST
- - -
90-826-6303
EDC
Maintenance
Maint. & Repair - Buildings
33
3,000
3,000
3,000
3,000
Misc building Maintanence and Repairs - 312 N Powell
90-826-6703
EDC
Services
Contract Services
129,691
75,800
75,800
2,800
(1,900)
900
Janitorial
90-826-6703
EDC
Services
Contract Services
-
-
2,700
2,700
Mowing and Landscaping - 312 North Powell Pkwy
90-826-6703
EDC
Services
Contract Services
-
-
3,000
(1,500)
1,500
New contract for Ricoh Printer at Inc -Cube
90-826-6703
EDC
Services
Contract Services
-
-
600
600
Pest Control
90-826-6703
EDC
Services
Contract Services
-
-
60,000
(5,000)
55,000
Professional Services (target industry analysis, bus. park,
Architect, entry feature design)
90-826-6703
EDC
Services
Contract Services
-
-
6,700
(3,200)
3,500
Security Services
90-826-6708
EDC
Services
IT Support Services
254
750
750
750
(750)
-
Change per email JG 7128119 for Isogent Services
90-826-6722
EDC
Services
Insurance - Property&Liability
1,050
1,050
1,050
1,050
1,050
Texas Municipal League Intergovernmental Risk Pool
Property and Liability Coverage
90-826-6735
EDC
Services
Promotion Expense
-
30,000
30,000
-
-
90-826-6753
EDC
Services
Legal Expense
4,386
7,500
7,500
7,500
(1,500)
6,000
legal fees
90-826-6755
EDC
Services
Audit Expense
3,389
5,000
5,000
5,000
5,000
CPA Services - Audit, 1099 form 990
90-826-6780
EDC
Services
Electricity
3,567
3,500
3,500
3,500
3,500
Based on three year history
90-826-6781
EDC
Services
Gas - Natural/Propane
754
1,050
1,050
1,050
1,050
Based on three year history
90-826-6782
EDC
Services
City Utilities Water/Sewer/Trash
817
-
-
-
-
90-826-6783
EDC
Services
Telecom
1,708
2,000
2,000
2,000
2,000
146,978
129,650
129,650
99,650
85,800
ccount Org Name Group Description
89-825-6101 CDC Payroll Salaries
R VI
106,325
EST RE FY2022 BASE Dept Change FY2022 Prop COMMENTS / DETAILS
106,325 284,559 284,559
73,473
89-825-6114
CDC
Payroll
Payroll Taxes -City Part FICA
5,543
8,286
8,286
21,769
21,769
89-825-6121
CDC
Payroll
Health Insurance
948
9,927
9,927
31,866
31,866
89-825-6125
CDC
Payroll
TMRS Retirement
10,408
12,986
12,986
39,241
39,241
89-825-6126
CDC
Payroll
Unemployment
144
250
250
750
750
89-825-6127
CDC
Payroll
Workers Compensation
153
1,111
1,111
1,281
1,281
89-825-6129
CDC
Payroll
Miscellaneous Payroll
-
100
100
100
100
89-825-6208
CDC
Supplies
Office Supplies
1,159
2,000
2,000
2,000
2,000
basic needs
89-825-6209
CDC
Supplies
Other Supplies - Misc.
1,330
4,000
4,000
4,000
4,000
meals, meetings supplies, or other administrative items
89-825-6210
CDC
Supplies
Clothing Supplies
1,454
1,000
1,000
1,000
1,000
new logo, new council members, new board members etc.
89-825-6212
CDC
Supplies
Postage
-
100
100
100
100
mailing bills, etc..
89-825-6299
CDC
Supplies
IT Supplies
-
-
3,000
-
3,500
3,500
new laptop for Director in FY21 and new laptop for Manager
in FY22
89-825-6700
CDC
Services
Economic Development Grant Expense
284,433
442,960
442,960
100,000
25,000
125,000
Downtown/Targeted Area Economic Development Grants and
Events
89-825-6700
CDC
Services
Economic Development Grant Expense
-
-
342,960
107,040
450,000
Sales Tax Reimbursement agreement with Chief Partners
Phase I
89-825-6703
CDC
Services
Contract Services
124,132
170,974
170,974
4,000
4,000
CDC agreement with City Finance and Accounting Services
89-825-6703
CDC
Services
Contract Services
-
-
800
(800)
-
Remove this line item and use IT Supplies for future IT needs
per KJ
89-825-6703
CDC
Services
Contract Services
-
-
42,000
3,000
45,000
Chamber/Neighborhood Services Contract for BRE & Events
89-825-6703
CDC
Services
Contract Services
-
-
1,500
1,500
Continuing Disclosure Report Fees (Revenue Bonds)
89-825-6703
CDC
Services
Contract Services
-
-
45,000
41,850
86,850
Downtown Plan Implementation
89-825-6703
CDC
Services
Contract Services
-
-
1,750
250
2,000
Housing Study Updates --Residential Strategies
.count Org Name
89-825-6703 CDC
Description RE11
Services Contract Services -
EST RE FY2022 BASE Dept Change FY2022 Prop COMMENTS / DETAILS
-
5,724
276
6,000
Impact Data Source (Third Party Economic Incentive Impact
Tool)
89-825-6703
CDC
Services
Contract Services -
-
6,000
6,000
Placer Al (provides consumer analytics to help attract
retailers, etc.)
89-825-6703
CDC
Services
Contract Services -
-
2,250
2,450
4,700
ReSimplifi
89-825-6703
CDC
Services
Contract Services -
-
35,000
10,000
45,000
Retail attraction plan
89-825-6703
CDC
Services
Contract Services -
-
20,000
40,000
60,000
Tagline/Marketing Plan Agreement
89-825-6703
CDC
Services
Contract Services -
-
6,950
625
7,575
GIS WebTech Recruit mapping, Esd demographic data
89-825-6710
CDC
Services
Travel/Training Expense 14,142 25,250
25,250
25,250
(25,250)
-
ED Basic Course for Manager - DELETE
89-825-6710
CDC
Services
Travel/Training Expense -
-
-
1,745
1,745
OU EDI in Fort Worth for ED Manager (Early Deadline August
27 for October class)
89-825-6710
CDC
Services
Travel/Training Expense
1,000
1,000
Bisnow Event Registrations
89-825-6710
CDC
Services
Travel/Training Expense
9,500
9,500
International Council of Shopping Centers Annual Conference
(Four People)
89-825-6710
CDC
Services
Travel/Training Expense -
-
-
5,000
5,000
International Council of Shopping Centers Texas Conference
89-825-6710
CDC
Services
Travel/Training Expense -
-
-
2,500
2,500
International Economic Development Council Annual
Conference
89-825-6710
CDC
Services
Travel/Training Expense -
-
-
750
750
Mileage Reimbursement for ED Manager
89-825-6710
CDC
Services
Travel/Training Expense -
-
-
3,000
3,000
NAIOP (National Assn. of Industrial and Office Properties)
Annual Meeting
89-825-6710
CDC
Services
Travel/Training Expense -
-
-
2,000
2,000
Sales Tax Training for Type A and B Corp. - Joey, Taylor,
Jim, Clark, and Board Chair
89-825-6710
CDC
Services
Travel/Training Expense -
-
-
2,000
2,000
Texas City Managers Assn. Annual Meeting --Taylor
89-825-6710
CDC
Services
Travel/Training Expense -
-
-
4,000
4,000
Texas Economic Development Council Annual Conference (2
People)
89-825-6722
CDC
Services
Insurance - Property & Liability 3,500 3,500
3,500
3,500
3,500
Insurance for the Business park Property - since there is no
building on this property it does not need coverage
89-825-6731
CDC
Services
Public Notices - Advertising 37 250
250
250
250
publish notices,
89-825-6735
CDC
Services
Promotion Expense 28,501 146,596
146,596
93,000
70,000
163,000
Promotional Materials - Print Ads, other sponsorship
opportunities, magazines, displays, billboards, etc. Cooksey
Agreement, PR, Marketing
ccount Org Name
89-825-6753 CDC
Description R VI
Services Legal Expense 7,240 14,000
EST RE FY2022 BASE Dept Change FY2022 Prop COMMENTS / DETAILS
14,000 14,000 14,000 Legal services
89-825-6755
CDC
Services
Audit Expense 3,389 6,000
6,000
6,000
1,500
7,500
CPA services - audit, 990, 1099s
89-825-6756
CDC
Services
Engineering - 1,500
1,500
1,500
(1,500)
-
Engineering - DELETE
89-825-6761
CDC
Services
Dues, Publications & Licenses 3,179 4,670
4,670
4,670
(4,170)
500
ICSC - 50 pp (8)
89-825-6761
CDC
Services
Dues, Publications & Licenses -
-
-
1,800
1,800
TEDC - $550 (3)
89-825-6761
CDC
Services
Dues, Publications & Licenses -
-
-
450
450
NTCAR
89-825-6761
CDC
Services
Dues, Publications & Licenses
600
600
NAIOP
89-825-6761
CDC
Services
Dues, Publications & Licenses
1,300
1,300
TEDC (3)
89-825-6761
CDC
Services
Dues, Publications & Licenses
900
900
ICMA/TCMA
89-825-6761
CDC
Services
Dues, Publications & Licenses
175
175
Dallas Morning News
89-825-6761
CDC
Services
Dues, Publications & Licenses -
-
-
350
350
DBJ
89-825-6783
CDC
Services
Telecom - 700
700
700
-
700
Cell phone for Director
89-825-6789
CDC
Debt Service
Debt -Service Principal 215,000 225,000
225,000
160,000
160,000
2016 Debt service on business park
89-825-6789
CDC
Debt Service
Debt -Service Principal -
-
-
-
Bond Debit Series B - Slayter Creek Park Phase II
89-825-6790
CDC
Debt Service
Interest Expense 110,901 104,251
104,251
167,463
167,463
2016 Debt service on business park
89-825-6790
CDC
Debt Service
Interest Expense -
-
-
-
Bond Debit Series B - Slayter Creek Park Phase II
89-825-6799
CDC
Services
Other Services - Misc. 71,153 90,000
90,000
90,000
(90,000)
-
Cost Allocation to pay half of the personnel cost for the EDC
Director
960,219 1,381,736
1,384,736
1,566,933
1,787,774
A:i
HE CITY OF
na
W,'CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
,41,..
FDC
P 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
Director's Report
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
IIm"111►159WO
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
A:i
HE CITY OF
na
W,'CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
P 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
April Financials
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
1. CDC April 2021 Financials
2. EDC April 2021 Financials
IIm",,1►[.w:,
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
CDC Balance Sheet
For Period Ending 4/30/2021
'Unaudited - subject to change
Beginning Current on Ending
Balance Activity YTD Activity Balance
10/1/2020 4/30/2021 4/30/2021
Assets
89-000-1010
Bank - Operating Funds
11105,666
52
57,537.26 295,915.89
1,401,582.41
89-000-1012
Bank - Restricted Funds
19,367
28
53.10
19,420.38
89-000-1150
Accounts Receivable
-
-
-
-
89-000-1160
Accounts Receivable - Sales Tax
2585403
09
- (258,403.09)
-
89-000-1202
Receivables - Due From General Fund
-
-
-
89-000-1215
Receivables - Local Business Loans
91,310
00
917310.00
Total Assets
1,474,746.89
57,537.26 37,565.90
17512,312.79
Liabilities
89-000-2001
Accounts Payable
37,526
98
(562.96). (37,526.98)
0.00
89-000-2020
Federal W/H Tax Payable
(0.00)
-
(0.00)
89-000-2021
FICA Payable
-
- -
-
89-000-2024
Flexible Spending Payable
-
-
-
89-000-2025
Deferred Compensation Payable
-
- -
-
89-000-2026
TMRS Payable
-
- -
-
89-000-2027
Health Insurance Payable
-
-
-
89-000-2029
Salaries Payable
2,834.56
- (2)834.56)
-
89-000-2102
Payable - Due To General Fund(10)
-
-
-
89-000-2115
Deferred Revenue - Local Business Loans
41,310.00
41,310.00
Total Liabilities
81,671.54
(562.96) (40)361.54)
41,310.00
Fund Balance
89-000-3711 Fund Balance
89-000-3711 Fund Balance -Restricted
1,301,765.35 58,100.22 77,927.44 1,379,692.79
91,310.00
Total Fund Balance 1,393,075.35 56,100.22 77,927.44 1,471,002.79
CDC Income Statement
For Period Ending 4/30/2021
Current on
Activity
YTD Activity
4/3012021
Revenues
89-825-5225
Sales Tax Revenue - General
109,651,71
647,329.58
89-825-5329
Donations
75.00
89-825-5499
Miscellaneous Revenue
-
89-825-5530
Interest Revenue
3,469.24
89-825-5800
Transfers in
-
89-825-5840
Bond Proceeds
Total Revenues
109,651.71
650,873.82
Expenses
89-825-6101
Salaries
T086.40
50,398.44
89-825-6114
Payroll Taxes -City Part FICA
542.12
4,072.40
89-825-6121
Health Insurance
97.42.,
681.94
89-825-6125
TIMES Retirement
1,004.85
7,556.98
89-825-6126
Unemployment
144.00
144.00
89-825-6127
Workers Compensation
18454
89-825-6129
Miscellaneous Payroll
_
89.825-6208
Office Supplies
202.91
528.92
89.825-6209
Other Supplies -Misc.
325.79.
1,423,02
89-825-6210
Clothing Supplies
_
89-825-6212
Postage
14.20
89-825-6299
IT Supplies
-
89-825-6700
Economic Development Grant Expense
_
89-825-6703
Contract Services
1,200.00
95,164.50
89-825-6710
Travel/Training Expense
1, 176.18
89-825-6722
Insurance -Property & Liability
3,500.00
89-825-6731
Public Notices - Advertising
-
89-825.6735
Promotion Expense
10,355.00
46,689.50
89-825-6753
Legal Expense
243.00
1,394.50
89.825-6755
Audit Expense
2,482.50
89-825-6756
Engineering
89-825-6761
Dues, Publications, Permits & Licenses
7,850.00
9,76T26
89-825-6783
Telephones - Pagers
:..'..
89-825.6789
Debt -Service Principal
225,000.00
89-825-6790
Interest Expense
53,867.50
89-825-6795
Bond Fees
89-825-6799
Other Services -Misc.
-...22,500.00
68,900.00
89-825-6901
Construction in Progress
_
89-825-6911
Machinery & Equipment
_
89-825-6931
Land & Improvements
_
89-825-8900
Other Financing Use - Debt Refundings
_
89-825-9800
Transfers Out
Total Expenses
51,551 A9
572,946.38
Net Profit/Loss
58,100.22
77,927.44
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EDC Balance Sheet
For Period Ending 4/30/2021
"Unaudited - subject to change
Beginning Current Month Ending
Balance Activity YTD Activity Balance
10/1/2020 4/30/2021 4/30/2021
Assets
90-000-1010
Bank- Operating Funds
460,787
14
(666.11) (61440.18)
454,346.96
90-000-1011
Bank - Money Market & Savings Funds
- -
-
90-000-1150
Accounts Receivable
44.24
-' (44.24)
-
90-000-1160
Accounts Receivable - Sales Tax
-
-
90-000-1202
Receivables - Due From General Fund
-
-
-
90-000-1215
Receivables - Local Business Loans
87,527
00
87,527.00
Total Assets
548,358.38
(666.11) (61484,42)
541,873.96
Liabilities
90-000-2001
Accounts Payable
249.14
(249.14) 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
87,527
00
- 87,527.00
90-000-2210
Retainage
-
-
90-000-2735
2011 CO's Current
-
-
-
90-000-2736
2011 CO's Non Current
Total Liabilities
87,976.14
(249.14) 879727.00
Fund Balance
90-000-3711 Fund Balance 460,382.24 (666.11) (6,235.28) 454,146.96
Total Fund Balance 460,382.24 (666.11) (61235.28) 454,146.96
EDC Income Statement
For Period Ending 4/30/2021
Current on
Activity YTD Activity
4/30/2021
Revenues
90-826-5350
Rental
502,94
7,339.20
90-826-5491
Gain on sales of Assets
-
90-826-5499
Miscellaneous Revenue
213.63
90-826-5530
Interest Revenue
-
1,043.56
90-826-5800
Transfers in
-
90-826-5853
Other Financial Source from Notes Payable -
- - -
-
Total Revenues
502.94
8,596.39
Expenses
90-826-6209
Other Supplies - Misc.
-
90-826-6210
Clothing Supplies
-
90-826-6212
Postage
-
90-826-6303
Maint. & Repair - Buildings
450.00
90-826-6703
Contract Services
-- 379.14
6,003.47
90-826-6708
IT Support Services
-
-
90-826-6722
Insurance - Property & Liability
-
1,050.00
90-826-6735
Promotion Expense
-
-
90-826-6753
Legal Expense
287,50
1,259.50
90-826-6755
Audit Expense
-
2,482.50
90-826-6780
Electricity
266.94
1,894.76
90-826-6781
Gas - Natural/Propane
78,61
597.77
90-826-6782
City Utilities Water/Sewer/Trash
-
-
90-826-6783
Telephones -Pagers
,.156,86.:
1,093.67
90-826-6799
Other Services - Misc.
-
90-826-6901
Construction in Progress
-
90-826-6931
Land & Improvements
-
90-826-9800
Transfer Out
-
-
Total Expenses 1,169.05 14,831.67
Net Income/Loss (666.11) (61235.28)
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A:i
HE CITY OF
na
w"CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
P 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
April Sales Tax Report
SUMMARY:
IIM"0►re=1 a
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
For April 2021, sales taxes are 28.8% over April 2020. With 58.3% of the fiscal year
completed, City of Anna is at 66.8% of FY2021 budget. The City is currently on track to
collect $474,000 over the FY2021 revised budget ($174,000 General Fund; $300,000
CDC). As expected, month over month comparisons have decreased since March and
are expected to continue to decrease.
STAFF RECOMMENDATION:
ATTACHMENTS:
1. 2021 Monthly Sales Tax Report
2. CDC SALES TAX COLLECTIONS FY21
October
November
December
January
February
March
April
May
June
July
August
September
R
335,454
340,156
419,319
338,879
292,405
441,021
375,823
$ 2,543,057
24.1 % $
270,363
37.6%
247,215
30.4%
321,464
41.3%
239,848
30.2%
224,649
49.4%
295,191
28.8%
291,845
340,358
397,630
316,470
310,731
378,344
$
3,634,108
Budget: 3,805,000 66.8% 3,048,942
Monthly Sales Tax Collections:
3 Year Comparison
$500,000
$450,000
$400,000
$350,000 -
$300,000
$250,000
$200,000 -
$150,000
$100,000
$50,000
$0
z�°`°°��°c
0 FY2020-21 o FY2019-20 0 FY2018-19
October $
125,795
24.1 %
$
101,386
November
127,559
37.6%
$
92,706
December
157,245
30.4%
$
120,549
January
127,080
41.3%
$
89,943
February
109,652
30.2%
$
84,243
March
165,383
49.4%
$
110,697
April
140,934
28.8%
$
109,442
May
-
$
127,634
June
-
$
149,111
July
-
$
118,676
August
-
$
116,524
September
-
$
141,879
$
953,647
$
1,362,791
ANNA COMMUNITY DEVELOPMENT CORP. Monthly
Sales Tax Collections:
$180,000 3 Year Comparison
$160,000
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$0
■ FY2020-21 ■ FY2019-20 ■ FY2018-19
A:i
HE CITY OF
na
W,'CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
R 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
Strategic Plan Update
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
IIm",,1►row=
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
A:i
HE CITY OF
na
W"CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
R 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
Sales Tax Workshop
SUMMARY:
I00015.=:�'.1
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
Economic Development Sales Tax Workshops are specifically for EDC Board Members
and local elected officials and include information about economic and community
development in general, and changes to the Economic Development Sales Tax Law.
There is a virtual and in -person option to attend this year. The registration fee is
$175.00.
The virtual workshop will begin August 13th with registrants gaining access to a
Dropbox file that will contain reference materials and copies of the presentations.
Registrants have two weeks to review the workshop presentations and materials at their
own pace. On August 27, 2021, TEDC will have a live Q&A session at 10:30 AM via
Zoom with the workshop presenters. Registrants will have the opportunity to ask
questions during the live Q&A with the workshop presenters. The live Q&A session is
not mandatory, but recommended.
The local in -person workshop will take place on September 17th at the Hyatt Place in
Garland.
STAFF RECOMMENDATION:
Please inform staff if you would like to attend either the virtual or in -person workshop
this year.
ATTACHMENTS:
A:i
HE CITY OF
na
W,'CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
P 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
Budget Adoption Meeting - July 28 or 29
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
IIm",,1►row=
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
A:i
HE CITY OF
na
W,'CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
P 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
Development Forum - July 29
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
IIff,1►15OW01
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
1. Anna Economic Development Forum Flyer v1
Big dreams are built here.
l-\ I I I I C.A I- k.. V I I V I I I I
Development Forum
Breakfast and Networking - 8 a.m.
Welcome from Mayor Nate Pike - 9 a.m.
ATHE CITY OF
nna
wEDC
G R O U N D B R E A K I N G
P O S S I B I L I T I E S
Anna High School Assembly Hall Sponsored by
1107 W Rosamond Pkwy BOHLERI
Anna, TX 75409
Please join us for our first Economic Development Forum to learn more about the City of Anna and
the Anna Economic Development Corporation. The event will feature networking, breakfast sponsored
by Bohler Engineering, a welcome from Mayor Nate Pike and speakers from Anna ISD, and Anna's
planning/development and economic development teams.
Following the event, we hope you will visit our local establishments to enjoy lunch.
�■ •� �■ Please RSVP: To learn how Anna can help
% build a framework for future
r https://tinyuri.com/ growth and o
ti Anna EconomicDevelopmentForum 9 opportunity,
■� visit opportunityannatx.com
or use the OR Code.
A:i
HE CITY OF
na
W,'CDC
R 0 U N D B R E A K I N
PO S S I BII_ITI E S
THE CITY OF
Ana
'41,..
FDC
R 0 U N D B R E A K I N G
P O S S I B I L J T I E S
AGENDA ITEM:
ICSC - December 5-7
Item No. 6.g.
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1/2021
Staff Contact:
SUMMARY:
ICSC will be held live at the Las Vegas Convention Center December 5-7. Public Sector
registration is $50. Staff had budgeted for 4 people to attend in 2020. Registration
opens July 12. Please let staff know if you would like to attend.
STAFF RECOMMENDATION:
ATTACHMENTS:
A:i
HE CITY OF
na
*CDC
G R 0 U N D B R E A KING
P O S S I B I L I T I E S
THE CITY OF
Ana
c FDC
.5
G R 0 U N D B R E A K I N G
PC S S 1 B 1 L J T I E S
AGENDA ITEM:
Closed Session
1011111►150VA
EDC/CDC Agenda
Staff Report
Meeting Date: 7/1 /2021
Staff Contact:
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; Anna Business Park.
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); Grant program; Lease agreement and professional services 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.
SUMMARY:
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; Anna Business Park.
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); Grant program; Lease agreement and professional services 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.
STAFF RECOMMENDATION:
ATTACHMENTS: