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HomeMy WebLinkAboutCDC-EDCpkt2021-07-26 Special Meeting:iifia OF wCDC 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 THE 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 MEETING AGENDA ANNA COMMUNITY DEVELOPMENT CORPORATION AND ANNA ECONOMIC DEVELOPMENT CORPORATION Monday, July 26, 2021 @ 6:00 PM The EDC/CDC of the City of Anna will meet at 6:00 PM, on July 26, 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 July 1, 2021 Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) b. Consider/Discuss/Act on approving minutes from the July 1, 2021 Joint Community Development Corporation and Economic Development Corporation Meeting. (EDC) 5. Individual Consideration. a. Hold a public hearing and act on a resolution approving the Fiscal Year 2021- 2022 budget and authorizing publication of the adopted budget. (CDC) b. Consider/Discuss/Act on a resolution approving the Fiscal Year 2021-2022 budget. (EDC) 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. 6. Director's Report. a. Development Forum - Thursday, July 29th b. Cancellation of August 5th CDC/EDC Joint Board Meeting C. NTCAR Expo - September 2nd d. Reschedule September Board Meeting from September 2nd to September 9th e. Sales Tax Workshop - Virtual or In -Person September 17th f. Dallas Business Journal Real Estate Awards - September 23rd g. 2021 REDnews Collin County Commercial Real Estate Summit - September 29th h. May Financials i. June Financials June Budget Report k. May Sales Tax Report 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 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. 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 July 22, 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. 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: Consent Items. SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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 I000 • "W11 EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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 July 1, 2021 Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) 1+411LT, ILTi1_1Zvi 1+3r_1a0N=10%1LT, ILTi14z117_11Eel kiI /_Air_[91:ILT, 140k&V 1. July 1 2021 CDC EDC Joint Meeting Minutes Officers: Anthony Richardson, President Bruce Norwood, Vice -President Rocio Gonzalez, Secretary ATHE CITY OF nna wCDC 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 Staff: Joey Grisham, Economic Development Director Taylor Lough, Economic Development Manager THE CITY OI nna wEDC ,ik 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 Community Development Corporation and Anna Economic Development Corporation Regular Meeting Minutes Thursday, July 1, 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, July 1, 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, Kylee Kelley, and Shane Williams. CDC and EDC Board Members Absent: None Others Present: Joey Grisham (Economic Development Director), Taylor Lough (Economic Development Manager), Nathaniel Johnson (Economic Development Intern), Lee Miller (Anna City Council Mayor Pro Tem), and Clark McCoy (Attorney). Call to Order. Roll Call and Establishment of Quorum. The meeting was called to order by Anthony Richardson, Board President, at 6:05 p.m. Anthony Richardson welcomed Economic Development Intern Nathaniel Johnson, Councilmember Lee Miller, and Diversity and Inclusion Advisory Board Member Gina Maria Ottavia. 2. Invocation and Pledge. Invocation and Pledge of Allegiance were led by Anthony Richardson. 3. Citizen Comments. None. 4. Consent Agenda. a. Consider/Discuss/Act on approving minutes from the June 3, 2021 Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) Officers: Anthony Richardson, President Bruce Norwood, Vice -President Rocio Gonzalez, Secretary b. Consider/Discuss/Act on Community Development Meeting. (EDC) Staff: Joey Grisham, Economic Development Director Taylor Lough, Economic Development Manager approving minutes from the June 3, 2021 Joint Corporation and Economic Development Corporation Shane Williams made a motion on behalf of the CDC and EDC to approve the consent agenda. Bruce Norwood seconded the motion. All were in favor. Motion passed. 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) Joey Grisham explained that the changes included in the packet were administrative. The most notable change was to change the title of the previous Comprehensive Plan to "current Comprehensive Plan." Rocio Gonzalez made a motion on behalf of the CDC and EDC to approve items 5 a and b amending the Economic Development Incentive Policy. Michelle Hawkins seconded the motion. All were in favor. Motion passed. c. Discuss preliminary FY 2022 CDC and EDC budgets. Joey Grisham provided a presentation for the fiscal year 2021-2022 proposed budgets. He explained that the City conservatively estimates future revenue, and that FY 2021 was focused on promoting Anna to the real estate developers, brokers, and companies. The proposed budget includes implementation of the Downtown Master Plan, administrative costs, contract services, grants, and marketing and promotion. He also stated that the CDC has a 100% fund balance. Joey Grisham shared the EDC budget is largely dedicated to the Inc -Cube maintenance and utilities. There is no longer rent coming in as the City pays the utilities. The fund balance for the EDC is expected to decrease slightly. The CDC and EDC budget must be approved by August 1, 2021 so the Board will need to meet in late July. 6. Director's Report a. April Financials Financial Statements were included in the packet. b. April Sales Tax Report Sales tax reports were included in the packet. The April sales tax revenue was almost 29 percent more than April 2020. c. Strategic Plan Update Economic Development Intern, Nathaniel Johnson started Monday, June 7'" Staff solicited proposals for retail recruitment professional services. Economic Development Manager presented "New Economy" session at Texas City Officers: Staff: Anthony Richardson, President Joey Grisham, Economic Development Director Bruce Norwood, Vice -President Taylor Lough, Economic Development Manager Rocio Gonzalez, Secretary Management Association Conference. Staff began the implementation of digital media services contract with Swimming Duck. d. Sales Tax Workshop The Texas Economic Development Council offers a one -day workshop in Garland on September 17t". This year TEDC is also offering a virtual option. e. Budget Adoption Meeting — July 28 or 29 Monday the 26t" was the preferred meeting day. f. Development Forum — July 29 As last year's forum was cancelled, this will be the first opportunity for the CDC to host developers and brokers to hear about projects in Anna and working with the City and Anna ISD. A notice of possible quorum will be published. g. ICSC — December 5-7 The event has been postponed from May 2020. The event, held at the Las Vegas Convention Center, may be different than previous years. The ICSC Red River show may be moved to Dallas instead of Fort Worth and held in February. Please let staff know if you are interested in attending. Four or five people is the preferred number of attendees. 7. 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. Bruce Norwood made a motion to enter closed session. Kylee Kelley seconded the motion. All were in favor. Motion passed. CDC Board entered closed session at 7:01 p.m. 11. Reconvene into open session and take any action on closed session items. Shane Williams made a motion to reconvene into open session. Anthony Richardson seconded the motion. All were in favor. Motion passed. The CDC reconvened into open session at 7:42 p.m. 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 on behalf of the CDC and EDC Boards to approve a real estate contract subject to approval as to form by the Boards' legal counsel. Shane Williams seconded the motion. All were in favor. Motion passed. 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. 13. Adjourn. Anthony Richardson made a motion to adjourn the meeting at 7:45 pm. Rocio Gonzalez seconded the motion. All were in favor. Motion passed. APPROVED: Anthony Richardson President of CDC/EDC ATTESTED: Rocio Gonzalez Secretary of CDC/EDC 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 ► • "■:a EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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 July 1, 2021 Joint Community Development Corporation and Economic Development Corporation Meeting. (EDC) SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: 1. July 1 2021 CDC EDC Joint Meeting Minutes Officers: Anthony Richardson, President Bruce Norwood, Vice -President Rocio Gonzalez, Secretary ATHE CITY OF nna wCDC 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 Staff: Joey Grisham, Economic Development Director Taylor Lough, Economic Development Manager THE CITY OI nna wEDC ,ik 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 Community Development Corporation and Anna Economic Development Corporation Regular Meeting Minutes Thursday, July 1, 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, July 1, 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, Kylee Kelley, and Shane Williams. CDC and EDC Board Members Absent: None Others Present: Joey Grisham (Economic Development Director), Taylor Lough (Economic Development Manager), Nathaniel Johnson (Economic Development Intern), Lee Miller (Anna City Council Mayor Pro Tem), and Clark McCoy (Attorney). Call to Order. Roll Call and Establishment of Quorum. The meeting was called to order by Anthony Richardson, Board President, at 6:05 p.m. Anthony Richardson welcomed Economic Development Intern Nathaniel Johnson, Councilmember Lee Miller, and Diversity and Inclusion Advisory Board Member Gina Maria Ottavia. 2. Invocation and Pledge. Invocation and Pledge of Allegiance were led by Anthony Richardson. 3. Citizen Comments. None. 4. Consent Agenda. a. Consider/Discuss/Act on approving minutes from the June 3, 2021 Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) Officers: Anthony Richardson, President Bruce Norwood, Vice -President Rocio Gonzalez, Secretary b. Consider/Discuss/Act on Community Development Meeting. (EDC) Staff: Joey Grisham, Economic Development Director Taylor Lough, Economic Development Manager approving minutes from the June 3, 2021 Joint Corporation and Economic Development Corporation Shane Williams made a motion on behalf of the CDC and EDC to approve the consent agenda. Bruce Norwood seconded the motion. All were in favor. Motion passed. 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) Joey Grisham explained that the changes included in the packet were administrative. The most notable change was to change the title of the previous Comprehensive Plan to "current Comprehensive Plan." Rocio Gonzalez made a motion on behalf of the CDC and EDC to approve items 5 a and b amending the Economic Development Incentive Policy. Michelle Hawkins seconded the motion. All were in favor. Motion passed. c. Discuss preliminary FY 2022 CDC and EDC budgets. Joey Grisham provided a presentation for the fiscal year 2021-2022 proposed budgets. He explained that the City conservatively estimates future revenue, and that FY 2021 was focused on promoting Anna to the real estate developers, brokers, and companies. The proposed budget includes implementation of the Downtown Master Plan, administrative costs, contract services, grants, and marketing and promotion. He also stated that the CDC has a 100% fund balance. Joey Grisham shared the EDC budget is largely dedicated to the Inc -Cube maintenance and utilities. There is no longer rent coming in as the City pays the utilities. The fund balance for the EDC is expected to decrease slightly. The CDC and EDC budget must be approved by August 1, 2021 so the Board will need to meet in late July. 6. Director's Report a. April Financials Financial Statements were included in the packet. b. April Sales Tax Report Sales tax reports were included in the packet. The April sales tax revenue was almost 29 percent more than April 2020. c. Strategic Plan Update Economic Development Intern, Nathaniel Johnson started Monday, June 7'" Staff solicited proposals for retail recruitment professional services. Economic Development Manager presented "New Economy" session at Texas City Officers: Staff: Anthony Richardson, President Joey Grisham, Economic Development Director Bruce Norwood, Vice -President Taylor Lough, Economic Development Manager Rocio Gonzalez, Secretary Management Association Conference. Staff began the implementation of digital media services contract with Swimming Duck. d. Sales Tax Workshop The Texas Economic Development Council offers a one -day workshop in Garland on September 17t". This year TEDC is also offering a virtual option. e. Budget Adoption Meeting — July 28 or 29 Monday the 26t" was the preferred meeting day. f. Development Forum — July 29 As last year's forum was cancelled, this will be the first opportunity for the CDC to host developers and brokers to hear about projects in Anna and working with the City and Anna ISD. A notice of possible quorum will be published. g. ICSC — December 5-7 The event has been postponed from May 2020. The event, held at the Las Vegas Convention Center, may be different than previous years. The ICSC Red River show may be moved to Dallas instead of Fort Worth and held in February. Please let staff know if you are interested in attending. Four or five people is the preferred number of attendees. 7. 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. Bruce Norwood made a motion to enter closed session. Kylee Kelley seconded the motion. All were in favor. Motion passed. CDC Board entered closed session at 7:01 p.m. 11. Reconvene into open session and take any action on closed session items. Shane Williams made a motion to reconvene into open session. Anthony Richardson seconded the motion. All were in favor. Motion passed. The CDC reconvened into open session at 7:42 p.m. 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 on behalf of the CDC and EDC Boards to approve a real estate contract subject to approval as to form by the Boards' legal counsel. Shane Williams seconded the motion. All were in favor. Motion passed. 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. 13. Adjourn. Anthony Richardson made a motion to adjourn the meeting at 7:45 pm. Rocio Gonzalez seconded the motion. All were in favor. Motion passed. APPROVED: Anthony Richardson President of CDC/EDC ATTESTED: Rocio Gonzalez Secretary of CDC/EDC 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 I00015.>I.' EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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: Hold a public hearing and act on a resolution approving the Fiscal Year 2021-2022 budget and authorizing publication of the adopted budget. (CDC) 1+411LT, ILTi1_1Zvi Per the CDC bylaws, the Board is required to approve the budget at least 60 days prior to the beginning of the FY. Once approved, the adopted budget will be published and sent to City Council for two readings. STAFF RECOMMENDATION: On behalf of the CDC, approve a resolution adopting the FY 2021-2022 CDC budget and authorizing publication of notice of projects. ATTACHMENTS: 1. CDC Budget Resolution FY22 (1) 2. Copy of Draft CDC FY 22 Budget 3. FY2022 Fund Summaries ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. 2021.07.26 A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION ADOPTING THE FY 2021-2022 FISCAL YEAR BUDGET AND AUTHORIZING PUBLICATION OF NOTICE OF PROJECTS WHEREAS, to be effective October 1, 2021, 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 2021- 2022 fiscal year; WHEREAS, the Board of Directors (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 $1,797,738 including but not limited to the specific projects or general types of projects set forth in the Anna Community Development Corporation's 2021-2022 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 under the Act and found by the Board of Directors to promote new or expanded business development 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: CDC OF ANNA, TEXAS RESOLUTION NO 2021.07.26 PAGE 1 OF 2 Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Adoption of Fiscal Year 2021-2022 Budget The CDC Board of Directors hereby approves adopting the Anna Community Development Corporation 2021-2022 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 26 day of July 2021. APPROVED: Anthony Richardson, CDC President ATTEST: Rocio Gonzalez, CDC Secretary CDC OF ANNA, TEXAS RESOLUTION NO 2021.07.26 PAGE 2 OF 2 Account Ong Nam Group Description 2020 ACT FY2021 REVISED 2021 RE - EST FY2022 BASE Dept Change FY2022 Prop COMMENTS /DETAILS 89-825-6101 .CDC :Payroll ;Salaries 73,473 : 106,325 : 106,325 : 292,734 292,734 89-825-6114 CDC .................. ......................... ;Payroll -'..................-'....................................................-'.....................-'..................... ;Payroll Taxes -City Part FICA 5,543 : 8,286 : -'----------------------'----------------------' 8,286 : 22,394 : ---------------------- '---------------------- 22,394 '............................................................................... .. 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 40,368 40,368 89-825-6126 'CDC ;Payroll :Unemployment °...................... 144 '...................... 250 °...................... 250 °...................... 750 '...................... °...................... 750 °............................................................................... ...................'.........................-'..................-'..................................................... 89-825-6127 !CDC ?Payroll ?Worker's Compensation 153 ? 1,111 ? 1,111 ? 1,318 ? 1,318 89-825-6129 CDC i Payroll :Miscellaneous Payroll - 100 : 100 : 100 : 100 89-825-6208 ;CDC -------------------.......................... ;Supplies 4................... ;Office Supplies 4..................................................... ...................... 1,159 ; 4 2,000 ; ...................... ...................... 2,000 ; 2,000 ; ...................... 4...................... ...................... 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 ................... '...................................................................................................... : 'a ...................... '...................... '...................... '...................... '...................... '................................................................................. 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 ;Neighborhood Services-Events/Chamber Agreement 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 ? ' 15,000 : ------------------ '----------------------------------------------------------------------------- 86,850 ?Downtown Plan Implementation 89-825-6703 CDC :Services Contract Services - - 1,750 : 250 : 2,000 :Housing Study Updates--ResidentialStrategies Account Org Name Description FY2020 ACT FY2021 &Y2021 RE- FY2022 BASE Dept Change FY2022 Prop COMMENTS / DETAILS REVISED EST_ ------ AMMI ------ - - - ------- ------ Impact Data Source (Third Party Economic Incentive Impact 89-825-6703 ::CDC Services Contract Services 5,724 276 6,000 :: :Tool) ................... .................................................................................................... - - - - - - ...................... ...................... ...................... ................................................................................. ...................... .................. Placer Al (provides consumer analytics to help attract 89-825-6703 ::CDC Services Contract Services 6,000 6,000 :retailers, etc.) --------------------------------------------------------------------------------- 89-825-6703 :CDC Services Contract Services 2,250 2,450 4,700 :ReSimplifi ................... ................................................ I ..................................................... ---------------------- ...................... ...................... ...................... ...................... --------------------------------------------------------------------------------- 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, Esrl demographic data ................... .......................... ................... ..................................................... 06111 - -------- will'" ...................... ...................... ...................... ...................... ...................... ................................................................................. 89-825-6710 ::CDC Services ::Travel/Training Expense 14,142 25,250 25,250 25,250 (25,250): - :ED Basic Course for Manager - DELETE ................... .......................... ................... ..................................................... 11� ....................... ...................... ...................... ...................... ...................... ................................................................................. OU EDI in Fort Worth for ED Manager (Early Deadline August 89-825-6710 :CDC Services :Travel/Training Expense 1,745 1,745 :27 for October class) ................... .......................... 4 ................... 4 ..................................................... -14 ....................... ...................... ...................... ...................... ...................... ................................................................................. 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 i International Council of Shopping Centers Annual Conference : :(Four People) ................... .......................... I ................... I ..................................................... ---------------------- ...................... ............................................. ...................... ................................................................................. 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 ................... ............................................... I ..................................................... - - - - - ...................... ...................... ...................... ...................... ...................... ................................................................................. 89-825-6710 :CDC Services ::Travel/Training Expense 750 750 Mileage Reimbursement for ED Manager ................... -------------------------- ------------------- ----------------------------------------------------- ---------------------- ...................... ---------------------- ---------------------- ---------------------- --------------------------------------------------------------------------------- NAIOP (National Assn. of Industrial and Office Properties) 3,000 89-825-6710 :CDC Services :Travel/Training Expense 3,000 :Annual Meeting ................... ..................................................................................................... - - - - - ...................... ---------------------- ---------------------- --------------------------------------------- ................................................................................. Sales Tax Training for Type Corp. Joey, Taylor 89-825-6710 :CDC Services :Travel/Training Expense 2,000 2,000 A and B - , Urn, Clark, and Board Chair ................... .......................... 4 ------------------- 4 ----------------------------------------------------- - - - - - - - - ...................... ---------------------- ---------------------- ---------------------- ...................... --------------------------------------------------------------------------------- 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 iTexas Economic Development Council Annual Conference (2 ::People) ................... .......................... I ................... I ..................................................... - - - - - - - - ...................... ...................... ............................................. ...................... Z ................................................................................. 89-825-6722 ::CDC Services Insurance - Property & Liability 3,500 3,500 3,500 3,500 Insurance for the Business park Property -since there is no 3,500 : :building on this property it does not need coverage ................... L .......................... ................... ..................................................... ...................... ...................... ...................... ...................... ---------------------- ---------------------- ................................................................................. 89-825-6731 :CDC Services Public Notices - Advertising 37 250 250 250 250 :publish notices, ................... .................................................................................................... ...................... ...................... ...................... ...................... ............................................. ................................................................................. :Promotional Materials - Print Ads, other sponsorship 89-825-6735 :CDC Services Promotion Expense 28,501 146,596 146,596 93,000 92,000 163,000 :opportunities, magazines, displays, billboards, etc. Cooksey Account Org Name Description 89-825-6753 :CDC : Services : Legal Expense 89-825-6755 :CDC :Services :Audit Expense ---- ---------------`--------------------------'-------------------'---------------------------------------- 89-825-6756 ;CDC :Services :Engineering 89-825-6761 CDC Services Dues, Publications & Licenses 89-825-6761 :CDC Services Dues, Publications &Licenses 89-825-6761 :CDC ? Services ? Dues, Publications & Licenses ................... 89-825-6761 ----------------------------------------------------------------------------------------- :CDC : Services : Dues, Publications & Licenses ------------------- 89-825-6761 ----------------------------------------------------------------------------------------- ;CDC :Services : Dues, Publications & Licenses 89-825-6761 ::CDC : Services : Dues, Publications & Licenses CDC ; Services ; Dues, Publications & Licenses 89-825-6761 ............................................. :CDC ' Services ------------------- ' Dues, Publications & Licenses ---------------------------------------- 89-825-6783 :CDC ?Services ?Telecom 89-825-6789 ::CDC : Debt Service : Debt -Service Principal ................... 89-825-6789 F.......................... ::CDC {------------------- : Debt Service ;..........------------------------.._.._ : Debt -Service Principal 89-825-6790 CDC ;Debt Service ;Interest Expense ................... 89-825-6790 %.......................... ::CDC t................... : Debt Service t........................................ ::Interest Expense 89-825-6799 ;CDC ; Services ; Other Services - Misc. �2020 ACT 1 2021 RE- FY2022 BASE Dept REVISED EST 7,240 : 14,000 : 14,000 : 14,000 3,389 : 6,000 : 6,000 : 6,000 1,500 : 1,500 : 1,500 3,179 4,670 4,670 4,670 700 ? 700 ? 700 215,000 225,000 225,000 160,000 ._.._.� -------------------------------------------- ------------------------------- 110,901 104,251 104,251 167,463 ------......................1..............."""""""""""""""'""""' 71,153 ; 90,000 ; 90,000 ; 90,000 960,219 1,381,736 1,384,736 1,576,897 Change FY2022 Prop COMMENTS / DETAILS 14,000 :Legal services 1,500 : 7,500 :CPA services - audit, 990, 1099s (1,500) - ;Engineering - DELETE (4,170) 500 :ICSC - 50 pp (8) 1,800 : 1,800 :TEDC - $550 (2) 450 450 ? NTCAR 600 : 600 :NAIOP 1,300 : 1,300 :IEDC (2) 900 : 900 :ICMAITCMA 175 : 175 :Dallas Morning News 350 ' 350 :DBJ 700 ?Cell phone for Director 160,000 ::2016 Debt service on business park - :Bond Debit Series B - Slayter Creek Park Phase II 167,463 2016 Debt service on business park - :Bond Debit Series B - Slayter Creek Park Phase II (90,000):: :Cost Allocation to pay half of the personnel cost for the :Director 1,797,738 Fund FTE Hours FLSA First Risk Pay Hire Hourly Department Position Title Last Name Name Date 12/31/2021 Rate 89 COMMUNITY DEVELOPMENT 1.0 2,080 NE Economic Development Coordinator Vacant Vacant 8810 100 10/1/2021 2 24.55530 Rates Merit Increase 1.06 TMRS RATE 13.79% Medical $ 10,622 Unemployment $ 250 WC Clerical 8810 0.0045 WC Building Inspectors 4511 0.0102 WC FF Paid 7704 0.0469 WC Parks 9102 0.0400 WC Police 7720 0.0435 WC Sewer 7580 0.0356 WC Streets 5506 0.0896 WC Waterworks 7520 0.0512 Medical Premium Budget FY2021 FY2022 $ 9,927 $ 10,622 TMRS 2019 14.80% 2020 14.22% 2021 14.18% 2022 13.66% 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 $ 389,530 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 $ 1,797,738 Transfers to other funds - - - - TOTAL EXPENDITURES $ 960,219 $ 1,381,736 $ 1,384,736 $ 1,797,738 ENDING FUND BALANCES $ 1,393,074 $ 1,122,008 $ 1,613,338 $ 1,450,600 Fund Balance Percentage 145.1% 81.2% 116.5% 80.7% 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 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 ►159M 11111i7 EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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 the Fiscal Year 2021-2022 budget. (EDC) 1+411LT, ILTi/_1:vi Per the EDC bylaws, the Board is required to approve the budget at least 60 days prior to the beginning of the FY. STAFF RECOMMENDATION: On behalf of the EDC, approve a resolution adopting the FY 2021-2022 budget. ATTACHMENTS: 1. EDC Budget Resolution FY22 (1) 2. FY2022 Economic Development Base Budget ANNA ECONOMIC DEVELOPMENT CORPORATION RESOLUTION NO. 2021.07.26 A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION ADOPTING THE FY 2021-2022 FISCAL YEAR BUDGET WHEREAS, to be effective October 1, 2021, the Anna Economic Development Corporation (the "EDC") and subject to approval of the City of Anna City Council, the Board of Directors of the EDC desires to approve and adopt the EDC budget for the 2021-2022 fiscal year; 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. Adoption of Fiscal Year 2021-2022 Budget The EDC Board of Directors hereby approves adopting the Anna Economic Development Corporation 2021-2022 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 Economic Development Corporation this 26t" day of July, 2021. APPROVED: Anthony Richardson, EDC President ATTEST: Rocio Gonzalez, EDC Secretary EDC OF ANNA, TEXAS RESOLUTION NO. 202.07.26 PAGE 1 OF 1 Org Name Description �2020 ACT I FY2021 2022 BASE Dept Change FY2022 Prop COMMENTS / DETAILS REVISED 90-826-6209 i EDC 90-826-6303 : EDC 90-826-6703 : EDC 90-826-6703 EDC 90-826-6703 EDC 90-826-6703 ? EDC 90-826-6703 i EDC 90-826-6703 ; EDC 90-826-6708 : EDC 90-826-6722 ; EDC 90-826-6735 ' EDC 90-826-6753 ? EDC 90-826-6755 : EDC 90-826-6780 i EDC 90-826-6781 EDC 90-826-6782 : EDC 90-826-6783 ; EDC Supplies :Other Supplies - Misc. Maintenance : Maint. & Repair - Buildings ------------------------------------------------------------------------------------- Services : Contract Services Services Contract Services Services Contract Services Services ? Contract Services ------------------------------------------------------------------------------------- i Services i Contract Services ------------------------------------------------------------------------------------- ;Services Contract Services Services : IT Support Services Services ; Insurance - Property & Liability Services ' Promotion Expense ?Services ?Legal Expense :Services ----------- - -- -- -------- :Audit Expense --F--------------------------------------------------- i Services i Electricity ;Services Gas - Natural/Propane Services : City Utilities Water/Sewer/Trash ;Services ;Telecom 1,329 i 33 : 3,000 : 3,000 : 3,000 129,691 75,800 : 75,800 : 2,800 2,700 3,000 - - 600 -� ...................... ---------------------- ---------------------- - - 60,000 i 6,700 254 : 750 : 750 : 750 1,050 1,050 1,050 ; 1,050 30,000 ' 30,000 4,386 ? 7,500 : 7,500 ? 7,500 3,389 5,000 5,000 5,000 -f- -- -- ---------------------------------- --------------------- f---------------------�-' 3,567 i 3,500 i 3,500 i 3,500 i 754 ; 1,050 ; 1,050 ; 1,050 817 1,708 ; 2,000 ; 2,000 ; 2,000 146,978 129,650 129,650 99,650 3,000 :Mlsc building Maintanence and Repairs - 312 N Powell (1,900) 900 ;Janitorial 2,700 ;Mowing and Landscaping - 312 North Powell Pkwy ------------------------------------------------------------------------------------------------------------ (1,500) ? 1,500 :New contract for Ricoh Printer at Inc -Cube 600 ?Pest Control (5,000)i 55,000 ;Professional Services (target industry analysis, bus. ;Architect, entry feature design) (3,200) i 3,500 ;Security Services (750) - :Change per email JG 7/28/19 for Isogent Services 1,050 ;Texas Municipal League Intergovernmental Risk Property and Liability Coverage (1,500)? 6,000 ?legal fees 5,000 CPA Services - Audit, 1099 form 990 ---------- -------- --------- 3,500 :Based on three year history 1,050 ;Based on three year history 2,000 85,800 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: 7/26/2021 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 - Thursday, July 29th SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: 1011►1'.w:1 EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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 IImai 0159 .10 EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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: Cancellation of August 5th CDC/EDC Joint Board Meeting SUMMARY: STAFF RECOMMENDATION: 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: NTCAR Expo - September 2nd SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: IIffla►rowm EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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 I00015.=:�'.1 EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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: Reschedule September Board Meeting from September 2nd to September 9th SUMMARY: STAFF RECOMMENDATION: 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 EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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: Sales Tax Workshop - Virtual or In -Person September 17th SUMMARY: STAFF RECOMMENDATION: 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 IIMM1 ►15OW01 EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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: Dallas Business Journal Real Estate Awards - September 23rd SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: A:i W E CITY OF na *CDC R 0 U N D B R E A KIN P O S S I B I L I T I E S THE CITY OF Ana .5 - FDC Item No. 6.g. EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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: 2021 REDnews Collin County Commercial Real Estate Summit - September 29th SUMMARY: On September 29th Joey Grisham will be speaking at REDnews' Collin County Commercial Real Estate Summit at Legends at Toyota Stadium in Frisco. The panel is titled "Economic Development & Investment Opportunities" and will feature Mr. Grisham and speakers from Celina, Allen, and McKinney EDCs as well as Rex Glendenning, Broker and Owner of Rex Real Estate. The full event agenda and more information may be found online at https://remournals.com/eventpage/txcollincountycre/ STAFF RECOMMENDATION: 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: May Financials SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: 1. CDC May 2021 Financials 2. EDC May 2021 Financials I[r4'ii1►159W101 EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 Staff Contact: CDC Balance Sheet For Period Ending 5/31/2021 "Unaudited - subject to change Beginning Current Month Ending Balance Activity YTD Activity Balance 10/1/2020 5/31/2021 6131 /2021 Assets 89-000-1010 Bank -Operating Funds 1,105,666.52 '.(67,130.86) 229,409.19 1,335,075.71 89-000-1012 Bank - Restricted Funds 19,367.28 9,08 70.96 19,438.24 89-000-1150 Accounts Receivable - - - 89-000-1160 Accounts Receivable - Sales Tax 258,403 09 - (258,403.09) - 89-000-1202 Receivables - Due From General Fund - - - 89-000-1215 Receivables - Local Business Loans 91,310.00 91,310.00 Total Assets 1,474,746.89 (677121.78) (28,922.94) 1,445,823.95 Liabilities 89-000-2001 Accounts Payable 37,52698 1,836.53 (35,690.45) 1,836.53 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 (21834.56) - 89-000-2102 Payable - Due To General Fund(10) - - - - 89-000-2115 Deferred Revenue - Local Business Loans 41,310.00 415310.00 Total Liabilities 81,671.54 1,836.53 (38,525.01) 435146.53 Fund Balance 89-000-3711 Fund Balance 1,301,765.35 (68,958.31) 9,602.07 1,311,367.42 89-000-3711 FundBalance-Restricted 91,310.00 91,310.00 Total Fund Balance 15393,075.36 (68,958.31) 9,602.07 15402,677.42 CDC Income Statement For Period Ending 5/31/2021 Current on Activity YTD Activity 5131 /2021 Revenues 89-825-5225 Sales Tax Revenue - General 165382.78. 812,712.36 89-825-5329 Donations 24.00 99.00 89-825.5499 Miscellaneous Revenue - 89.825-5530 Interest Revenue 658.98 4,761.16 89-825-5800 Transfers in - - 89-825-5840 Bond Proceeds Total Revenues 166,065.76 817,572.52 Expenses 89-825-6101 Salaries 7,086,40 57,484.84 89-825-6114 Payroll Taxes -City Part FICA 542,12 4,614.52 89-825.6121 Health Insurance 97.42 779.36 89-825.6125 TMRS Retirement 1,004.85. 8,561.83 89-825-6126 Unemployment 144.00 89-825-6127 Workers Compensation 184.54 89-825-6129 Miscellaneous Payroll _ 89.825-6208 Office Supplies 143.48 672.40 89-825-6209 Other Supplies -Misc. 12188,05 2,611.07 89.825-6210 Clothing Supplies _ 89-825-6212 Postage 14.20 89-825.6299 IT Supplies 89-825-6700 Economic Development Grant Expense 212,693,00 212,693.00 89-625-6703 Contract Services 11,020,00 106,184.50 89-826-6710 Travel/Training Expense 11176A8 69-825.6722 Insurance -Property & Liability 3,500.00 89-825-6731 Pubic Notices - Advertising 89.825-6735 Promotion Expense 79717.25 54,406.75 89-825-6753 Legal Expense 526.50 1,921.00 89-825.6755 Audit Expense 2,482.50 89-825-6756 Engineering - 89-825-6761 Dues, Publications, Permits & Licenses (6,985.00) 2,772.26 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. 68,90000 89-625-6901 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 ON .:. Total Expenses 235,024.07 807,970.45 Net Profit/Loss (687958.31) %602.07 , .. ! .. ., .: . .. l;;...... . .. .. . :.. ;: —2SJ; , /!§\ |)\/-0 \ _ / © , > _ 2 § - . /i \ - )I -i \ -- _ - OML ) :§ - // // /\ \ §) )))§{\)\\ ! a \/ ) \j) !! ! !_!!!! , § } tzz ƒ ;! mmmmmmmmm <E ad Emm ` -( ( 000 \\ ( \\ \\\\\/\/\ .� , § !] ,,,,,, }}§ \� ! :: :: ,! « zz ::;z:z--` z `, , ,,, !! _!!l,,,!! , , > ! ,!! /o .))()\\\§)\ { ( b , \_ { ' ;> $//! • .,§ !; �!!. ; ; - g&/E00 • _ . _ _ _ , _ 2 G d ) \ ) § /)\/ / 0 w ! }))) ! ):! }!;!!!;!!!! `;,_,a0Q ! \ \ \ \ §§\§ \\)( \ (/§§ ( \(\ \ Woo ,4!! ; l,;; ; ;;;; ; ;;; v s Z N N N C N N O m � a u c m u a w O G a D 9 2 IL w m C� U m w t V W m O N N G_ XXXxxO u Q X A !O t0 m n o m n n n O M N N N N M V N n n r N O V O O O O w M M M M V M M M M U O U O o m o o n rn N m a M N Lo N o v r m Co M N O O O } O 0 Q W O O U Q w aF a Y`o a W pM in NQ. N N O q X N X x X X O F O N ICI O N IN O X O E X E o E o LL O i N 1. w w C w N F- F F- ui F w W f11 W D! 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Z Ea 12 o (n c 'o d a w E U) ii ob FLm f u L m a = o (° rn v w o t Y D s m a' a ¢ w o h o .5� m O U O r r r n r r r r r r r r r m rn (o (o (o m to (o (a ro o o (o o m m (o w m W�� W NW W� W w W� m� rnW rnW ro W W arnb W m m m m m W W m Beginning Current Month Ending Balance Activity YTD Activity Balance 1O11/2O2O 5/31/2021 5/3112O21 Assets 90-000-1010 Bank - Operating Funds 460,787.14 < (27,747.19) (33,981.55) 42605.59 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 (27,747.19) (34,025.79) 514,332.59 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 875976.14 (249.14) 87,727.00 Fund Balance 90-000-3711 Fund Balance 460,382.24 (27,747.19) (33,776.65) 426,605.59 Total Fund Balance 460,382.24 (27,747.19) (33,776.65) 426,605.59 EDC Income Statement For Period Ending 5/31/2021 Current Month Activity YTD Activity 5/31/2021 Revenues 90-826-5350 Rental 503.41 75842.61 90-826-5491 Gain on sales of Assets _ 90-826-5499 Miscellaneous Revenue _ 90-826-5530 Interest Revenue 210.40 1,673.41 90-826-5800 Transfers in 90-826-5853 Other Financial Source from Notes Payable - Total Revenues 713.81 9,516.02 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 27,925.00 . 33,928.47 90-826-6708 IT Support Services _ 90-826-6710 Travel/Training Expense 165,00 165.00 90-826-6722 Insurance - Property & Liability - 1,050.00 90-826-6735 Promotion Expense 90-826-6753 Legal Expense 297.00 15556.50 90-826-6755 Audit Expense - 2,482.50 90-826-6780 Electricity 302.91 22197.67 90-826-6781 Gas - Natural/Propane 64.23 662.00 90-826-6782 City Utilities Water/Sewerrrrash _ 90-826-6783 Telephones -Pagers 156.86 1,250.53 90-826-6799 Other Services - Misc. _ 90-826-6901 Construction in Progress 90-826-6931 Land & Improvements _ 90-826-9800 Transfer Out Total Expenses 28,461.00 43,292.67 Net Income/Loss (27,747.19) (335776.65) k ] . \ 3 f )\ \0 ®\ - \\ � ) o\\ \ % { ! ] f00 \) E ) ) � ... 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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: June Financials SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: 1. EDC June 2021 Financials 2. CDC June 2021 Financials I[r4'ii1►[.w:m EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 Staff Contact: 193; 1' 716117M For Period Ending 6/30/2021 `Unaudited - subject to change Beginning Current on Ending Balance Activity YTD Activity Balance 10/1/2020 6/30/2021 6/30/2021 Assets 90-000-1010 Bank- Operating Funds 460,787.14 (969,52), (34,951.07) 425,836.07 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 87,627,00 Total Assets 548,358.38 (969.52) (34,995.31) 513,363.07 Liabilities 90-000-2001 Accounts Payable 249.14 923A4 674.50 923.64 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 87,976.14 923.64 674.50 88,650.64 Fund Balance 90-000-3711 Fund Balance 460,382.24 (11893.16) (35,669.81) 4249712.43 Total Fund Balance 460,382.24 (11893.16) (35,669.81) 4249712.43 EDC Income Statement For Period Ending 6/30/2021 Current on Activity YTD Activity 6/30/2021 Revenues 90-826-5350 Rental 525.00 -. 8,367.61 90-826-5491 Gain on sales of Assets - 90-826-5499 Miscellaneous Revenue - 90-826-5530 Interest Revenue 19315 1,866.56 90-826-5800 Transfers in - 90-826-5853 Other Financial Source from Notes Payable - Total Revenues 718.15 10,234.17 Expenses 90-826-6209 Other Supplies - Misc. - 90-826-6210 Clothing Supplies - - 90-826-6212 Postage - - 90-826-6303 Maint. & Repair- Buildings - - 90-826-6703 Contract Services 1,429.91 35,358.38 90-826-6708 IT Support Services - - 90-826-6710 Travel/Training Expense - 165.00 90-826-6722 Insurance - Property & Liability 1,050.00 90-826-6735 Promotion Expense - 90-826-6753 Legal Expense 584,50 2,141.00 90-826-6755 Audit Expense 2,482.50 90-826-6780 Electricity 382.17 2,579.84 90-826-6781 Gas - Natural/Propane 57,87 719.87 90-826-6782 City Utilities Water/Sewer/Trash - - 90-826-6783 Telephones - Pagers 156,86 1,407.39 90-826-6799 Other Services - Misc. - - 90-826-6901 Construction in Progress - - 90-826-6931 Land & Improvements - 90-826-9800 Transfer Out - Total Expenses 2,611.31 45,903.98 Net Income/Loss (11893.16) (35,669.81) \ \\\(00 O � 2 � m m of rn yr N W O0 v: v v a O } d U a 0 u N mil" « o a o 9 S a a" a E m N m N U U U m h JV' Q < < G 0 W C Q O m U 'O m � U c m C C W W a r UI N M ❑ V O O 0 0 0 0 O N lip o N � r`: O (O N O N c0 (O <O rn N M M r o of m co v N N N C1 0 0 lr0 O O O O O M O O O O O O O O O O N O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 r 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 � t00 t0 N N m U c O u 0 rn 0 0 0 o r r to 0 0 0 c o 0 0 O O O o 0 0 0 0 0 0 0 0 0 o o 0 o u� o o ro m o 0 0 �0 ep O O O O O r O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 m O 0 0 0 V 0 0 fV r f0 0 0 0 d ❑ W y U � U m c m o 0 0 0 0 w W N a ro r" m W ❑ V O O O O O O O O N (O O V 0 0 0 I� 0 0 0 0 fV O M yNy N N M W N O n � V 0 0 0 0 o r o 0 o r o M o 0 0 ONi � O u�i V � f00 N M N N M � G N 'O fn EON :5N = O .rnOaCCam1 cCgtt`^oml 'U>`�l 'N>�' LL❑'a�i 6J7 NT I- wN `N .L^-� m C 1 U on K o ` am d ZsN 0.W oa X 0.u0 UZ w W W�a nin �j �5 mZ o N ? m0 'E v rU o 0 m o0 w o O❑ aU Q Q K Of Q Q 'NOc�o a. +oc�NaEE-6i Q O W U' I- O U J 0 0 � N N O N 1p r r r M N N N N N M r r n r r r r r r r r r rn rn N N N N N N N N M to � N N f0 f0 (O t0 t0 (D (O fD (D lD tD (D tD t0 tD (D (O (O d o O O O O O O o O O O O O O t0 f0 fD fp fD fO (O t0 tp (O (O lD (D (D 1p (D tb t0 (D (O (O (b 0 0 O O 00 Nro Nw N N N N N N N N N N N N N N N N N N 49 94449 9944994 0°COCOODaD`O0aD`Oo?`O°?°400°7op 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 rn m rn rn rn w rn m m rn m rn rn rn rn m rn m m m m rn m rn m m rn rn a v am a" O cG 1� N N N N N N u U N m C N N m O1 O C O IND N. 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CDC Balance Sheet For Period Ending 6/30/2021 *Unaudited - subject to change Beginning Current Month Ending Balance Activity YTD Activity Balance 10/1/2020 6/30/2021 6/30/2021 Assets 89-000-1010 Bank - Operating Funds 11105,666 52 117,955.12.'. 347,364.31 1,453,030.83 89-000-1012 Bank - Restricted Funds 19,367 28 8.70 79.75 19,447.03 89-000-1150 Accounts Receivable -- 89-000-1160 Accounts Receivable - Sales Tax 258,403 09 (2589403.09) - 89-000-1202 Receivables - Due From General Fund - - - - 89-000-1215 Receivables- Local Business Loans 91,310.00 91,310.00 Total Assets 1,474,746.89 1175963.91 8%040.97 1,563,787.86 Liabilities 89-000-2001 Accounts Payable 379526.98 861.32 (34,829.13) 2,697.85 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 (21834.56) - 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 81,671.54 861.32 (377663,69) 44,007.85 Fund Balance 89-000-3711 Fund Balance 1,301,765.35 117,102.59 126,704.66 1,428,470.01 89-000-3711 FundBalance-Restricted 91,310.00 91,310.00 Total Fund Balance 113937075.35 117,102.59 1265704.66 1,519,780.01 CDC Income Statement For Period Ending 6/30/2021 Current on Activity YTD Activity 6/30/2021 Revenues 89-625-5225 Sales Tax Revenue - General 140,933.68 953,646.04 89-825-5329 Donations 99.00 89-825-5499 Miscellaneous Revenue - 89-825.5530 Interest Revenue 646,20 5,407.36 89-825-5800 Transfers in - 89.825-5840 Bond Proceeds Total Revenues 141,579.88 959,152.40 Expenses 89-825-6101 Salaries 7,596.40 65,081.24 89-825-6114 Payroll Taxes -City Part FICA -581.14 5,195.66 89-825-6121 Health Insurance 97.42.' 876.78 89-825-6125 TMRS Retirement 1,004.65. 9,566.68 89-825-6126 Unemployment 14400 89-825-6127 Worker's Compensation 184.54 89-825-6129 Miscellaneous Payroll _ 89-825-6208 Office Supplies 101,01 773.41 89-825-6209 Other Supplies- Misc. 267.18; 2,878.25 89-825-6210 Clothing Supplies 85,78 ; 85.78 89-825-6212 Postage 14.20 89-825-6299 IT Supplies 164.99 164.99 89-825.6700 Economic Development Grant Expense 212,693.00 89-825-6703 Contract Services 3,838.27 110,022.77 89-825-6710 TraveVTraining Expense 1,176.18 89.825-6722 Insurance- Property & Liability :.:: 3,500.00 89-825-6731 Public Notices - Advertising - 89-825-6735 Promotion Expense 8,087.25 62,494.00 89-825.6753 Legal Expense 378.00 21299.00 89-825.6755 Audit Expense 2,482.50 89-825-6756 Engineering - 89-825-6761 Dues, Publications, Permits & Licenses 2,275.00 5p047.26 89-825-6783 Telephones - Pagers _ 89-825-6789 Debt Service Principal 2252000.00 89-825-6790 Interest Expense 53,867.50 89-825-6795 Bond Fees 89-825-6799 Other Services -Misc. 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 ff Total Expenses 24,477.29 832,447.74 Net Profit/Loss 117,102.59 126,704.66 . , ...... , .. .. .: . . . . .... . . .. .. . .... !,i � !!! - {P- )� \/ { G I \ / G \ - ;{ / 9 - ) \/ aM }1 , ))!\ 0 02 / . \\ N` \ juju ou , s e ! , \ / / § ) a \ ; \\ \ \ \ \ juju \ \ <\ ; ) \ \ Lb dj \\66 j \ \ §§\! ! ;§§( ( ;: ; )))) ,: «: , z z , ««,« ` ` z „ , z z z z „ ! ,,,, ) )) )/ ! � - i- ! /\2\{ ; \ : = 6 / \ & ! #! - ) Q M \,:` ( \() §{\/\\)\\\) a E m E — O 0 p C m N U m 7- o o Y m $ a H_ MHawa N O) W ( TZ T 'O U 9 a U J } 00 O (D O d � V M O W O I� O O N � M N � N a O Y N N N N N m � o a" v O O O O O O O O O O N V O O m m O O O O O O O O O M O O O M r o 0 0 6 0 6 0 6 o Lo co of o r m o ° v Co y N M u ce�m uS m U M rn m m M M 0 0 0 0 O V m m m 0 00 m m O O r m c m O O O N f0 r m O V N r N M O r V O r 0 0 0 0 O � (O m VM O M m m V V N m o co N r d Mcy� L6 L6 m N N O V - Y rn (O O � N m 00 00 O O O O N O 0 0 0 0 0 0 0 0 m O O O O O N O 0 0 0 0 0 0 0 0 0 0 0 o m o o N 0 0( 0 m 0 0 0 0 0 0 0 0 0 6 O O O O O N N O O 6 6 6 6 6 6 6 Cl 6 6 6 O O r 6 6 6 6 6 6 6 6 6 6 6 6 m V M V V N N N m V V VI U c O J u !A rn rn O N N N 0 0 0 0 0 O O O O V N 0 0 0 m m O rn O r 00 c Q. r 0 0 0 0 6 6 0 r O rn O N �0 m 0 0 0 N O O m 0 0 0 0 0 0 0 0 0 0 m a V O O r M O V O m 0 r O m M m m rn rn O O O O m m m M F �+ N rn V V V M N O N m 0 N O N M h o 0 0 0 O N m 0 0 m W 0 0 0 0 0 0 0 M O O c 0 0 0 0 0 0 0 0 0 ill N m 0 M M O r It d pOj G u y .- V m N It E a ryry��� N M M O �1�1 O V O O N O O to O W a 0 C to ep 0 0 0 0 O d' v rn V O N O 4 O (M V m �+ O c C LL O m N M O> N C <O N N O U� Spa LL LL c O N 6 w 0 N N W ~ c V c LL v m m U' c m a m — U' w y y o .N m i, o '° 01 0 (7 v r o m c c N W m T- m VVI W u. LL rn c7 m a T E `m c d p' a m ' m K U n w n m W _ m `w of co d m a x m a O i. m N O o f v `� v E o o v a O OZi c O 12 a m> a m w a r w v m w F o c 3 c y c u u m U w m w 6 a W L° m o U d m T N c 0 0 fG s o o J m c m m Q Q K K Q LL li LL I- x m m 0 u= �- rn = N a x 4- Z) a F �i m O O U w CH 0 N > (O N O � O N O O N m O d' N m r rn NO to � O m rn rn 0 V ((1 1p r rn m m o N rn o M o O O r- C N N O O O O O r of N M N N N N N r r r NO C N N N N N N N N N N M rn O m N m m (O m m m m m m m (O m m m m O O O O O O O O O O O O O O O O O O N N N N N N N N N N N N O O O O O 00 0 0 0 0 0 0 0 0 0 NM NM N N N N N N N N N N N N N N N N N NM E$ o 0 0 0 o g m m o O o y m m m m m m m m m m m m m m m m o u rn� m m m m m m m m rnm m m m m mm rnm m mM m rn m rn rn m rn m rn m m U Q m m m m m m m� m m m m m m m m m m m m m oo m m m m m m m m C C Q O m U ti O n 9 � N u U m m p� o 0 0 0o N O m O O a o0 0 0 O 0 O 0 C O O O N O O O O � O O m m W 0 O O O� 0 0 0 0 0 Ori tp w N V N V N O W a M N N N V to co O> ci o 0 N 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 9 N a U c 0 C1 9j O O N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C O O N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 � o o r ro d d ui o 0 0 0 0 0 0 0 0 0 a m <.i m U m C O O r O N O N 0 00 00 0 0 0 0 0 0 C 0 0 fD N O N O O f� O N 0 0 0 0 0 C 07 W M � .-- N N N U) tm0 N O C n v w - w � ,�. > ai a ✓u, rn E c m n Q d o¢ E rn o a y W- 6. c Q o a w c m n � C w Z o W W N a o tq W LL N c oC LL 2 o N U - V y N O m= 01 N N .0 W N U O N a. d Q W O F 0= ca 0 U 2 J Ow f- N w - w � ,�. > ai a ✓u, rn E c m n Q d o¢ E rn o a y W- 6. c Q o a w c m n � C w Z o W W N a o tq W LL N c oC LL 2 o N U - V y N O m= 01 N N .0 W N U O N a. d Q W O F 0= ca 0 U 2 J Ow f- N in N M M h� tp W M Of O N N trD (r0 (r0 tr0 (rD (r0 (r0 (r0 (r0 lrp N fmp N � 00l w D C? WN w wC? 0? C? W w w w w m w � N W ap of M W o] W W W of ap N a0 W 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: June Budget Report SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: Item No. 6.j. EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 Staff Contact: 1. Economic Development Period 9 June 2. Community Development Fund Period 9 June City of Anna 7/7/2021 2:01pm Account Number Statement of Revenue and Expenditures Revised Budget For the Fiscal Period 2021-9 Ending June 30, 2021 Current Current Annual Budget Actual Budget Page YTD Actual 1 Remaining Budget % General Fund Economic Development Corporation Expenditures 10-826-6101 Salaries 0.00 10,243.24 122,052.00 89,609.53 26.58% 10-826-6114 Payroll Taxes -City Part FICA 0.00 766.08 9,337.00 6,988.68 25.15% 10-826-6121 Health Insurance 0.00 845.35 9,927.00 7,608.15 23.36% 10-826-6125 TMRS Retirement 0.00 1,452.49 17,356.00 13,254.71 23.63% 10-826-6126 Unemployment 0.00 0.00 0.00 144.00 0.00% 10-826-6127 Worker's Compensation 0.00 0.00 549.00 246.51 55.10% 10-826-6129 Miscellaneous Payroll 0.00 0.00 350.00 0.00 100.00% 10-826-6299 IT Supplies 0.00 0.00 0.00 0.00 0.00% 10-826-6710 Travel/Training Expense 0.00 0.00 0.00 0.00 0.00% 10-826-6761 Dues, Publications & Licenses 0.00 0.00 0.00 0.00 0.00% 10-826-6783 Telecom 0.00 0.00 0.00 0.00 0.00% 10-826-6799 Other Services - Misc. 0.00 0.00 0.00 0.00 0.00% Total Expenditures 0.00 (13,307.16) (159,571.00) (117,851.58) 26.14% Total Economic Development Corporation 0.00 (13,307.16) (159,571.00) (117,851.58) 26.14% Total General Fund 0.00 (13,307.16) (159,571.00) (117,851.58) 26.14% City of Anna 7/7/2021 2:01pm Account Number Statement of Revenue and Expenditures Revised Budget For the Fiscal Period 2021-9 Ending June 30, 2021 Current Current Annual Budget Actual Budget Page YTD Actual 2 Remaining Budget % Economic Development Corporation Economic Development Corporation Expenditures 90-826-6208 Office Supplies 0.00 0.00 0.00 0.00 0.00% 90-826-6209 Other Supplies - Misc. 0.00 0.00 0.00 0.00 0.00% 90-826-6210 Clothing Supplies 0.00 0.00 0.00 0.00 0.00% 90-826-6212 Postage 0.00 0.00 0.00 0.00 0.00% 90-826-6303 Maint. & Repair - Buildings 0.00 0.00 3,000.00 0.00 100.00% 90-826-6703 Contract Services 0.00 1,429.91 75,800.00 35,358.38 53.35% 90-826-6708 IT Support Services 0.00 0.00 750.00 0.00 100.00% 90-826-6710 Travel/Training Expense 0.00 0.00 0.00 165.00 0.00% 90-826-6722 Insurance - Property & Liability 0.00 0.00 1,050.00 1,050.00 0.00% 90-826-6735 Promotion Expense 0.00 0.00 30,000.00 0.00 100.00% 90-826-6753 Legal Expense 0.00 584.50 7,500.00 2,141.00 71.45% 90-826-6755 Audit Expense 0.00 0.00 5,000.00 2,482.50 50.35% 90-826-6761 Dues, Publications & Licenses 0.00 0.00 0.00 0.00 0.00% 90-826-6780 Electricity 0.00 382.17 3,500.00 2,579.84 26.29% 90-826-6781 Gas - Natural/Propane 0.00 57.87 1,050.00 719.87 31.44% 90-826-6783 Telecom 0.00 156.86 2,000.00 1,407.39 29.63% 90-826-6799 Other Services - Misc. 0.00 0.00 0.00 0.00 0.00% 90-826-6901 Construction in Progress 0.00 0.00 0.00 0.00 0.00% 90-826-6931 Land & Improvements 0.00 0.00 0.00 0.00 0.00% 90-826-9800 Transfers Out 0.00 0.00 0.00 0.00 0.00% Total Expenditures 0.00 (2,611.31) (129,650.00) (45,903.98) 64.59% Total Economic Development Corporation 0.00 (2,611.31) (129,650.00) (45,903.98) 64.59% Total Economic Development Corporation 0.00 (2,611.31) (129,650.00) (45,903.98) 64.59% City of Anna 7/7/2021 2:03pm Statement of Revenue and Expenditures Page 1 Revised Budget For the Fiscal Period 2021-9 Ending June 30, 2021 Current Current Annual YTD Remaining Account Number Budget Actual Budget Actual Budget % Community Development Corporation Community Development Corporation Expenditures 89-400-9800 Transfers Out 0.00 0.00 0.00 0.00 0.00% 89-825-6101 Salaries 0.00 7,596.40 106,325.00 65,081.24 38.79% 89-825-6114 Payroll Taxes -City Part FICA 0.00 581.14 8,286.00 5,195.66 37.30% 89-825-6121 Health Insurance 0.00 97.42 9,927.00 876.78 91.17% 89-825-6125 TMRS Retirement 0.00 1,004.85 12,986.00 9,566.68 26.33% 89-825-6126 Unemployment 0.00 0.00 250.00 144.00 42.40% 89-825-6127 Worker's Compensation 0.00 0.00 1,111.00 184.54 83.39% 89-825-6129 Miscellaneous Payroll 0.00 0.00 100.00 0.00 100.00% 89-825-6208 Office Supplies 0.00 101.01 2,000.00 773.41 61.33% 89-825-6209 Other Supplies - Misc. 0.00 267.18 4,000.00 2,878.25 28.04% 89-825-6210 Clothing Supplies 0.00 85.78 1,000.00 85.78 91.42% 89-825-6212 Postage 0.00 0.00 100.00 14.20 85.80% 89-825-6299 IT Supplies 0.00 164.99 0.00 164.99 0.00% 89-825-6700 Economic Development Grant Expense 0.00 0.00 442,960.00 212,693.00 51.98% 89-825-6703 Contract Services 0.00 3,838.27 170,974.00 110,022.77 35.65% 89-825-6710 Travel/Training Expense 0.00 0.00 25,250.00 1,176.18 95.34% 89-825-6722 Insurance - Property & Liability 0.00 0.00 3,500.00 3,500.00 0.00% 89-825-6731 Public Notices - Advertising 0.00 0.00 250.00 0.00 100.00% 89-825-6735 Promotion Expense 0.00 8,087.25 146,596.00 62,494.00 57.37% 89-825-6753 Legal Expense 0.00 378.00 14,000.00 2,299.00 83.58% 89-825-6755 Audit Expense 0.00 0.00 6,000.00 2,482.50 58.63% 89-825-6756 Engineering 0.00 0.00 1,500.00 0.00 100.00% 89-825-6761 Dues, Publications & Licenses 0.00 2,275.00 4,670.00 4,297.26 7.98% 89-825-6783 Telecom 0.00 0.00 700.00 0.00 100.00% 89-825-6789 Debt -Service Principal 0.00 0.00 225,000.00 225,000.00 0.00% 89-825-6790 Interest Expense 0.00 0.00 104,251.00 53,867.50 48.33% 89-825-6795 Bond Fees 0.00 0.00 0.00 0.00 0.00% 89-825-6799 Other Services - Misc. 0.00 0.00 90,000.00 69,650.00 22.61 % 89-825-6901 Construction in Progress 0.00 0.00 0.00 0.00 0.00% 89-825-6911 Machinery & Equipment 0.00 0.00 0.00 0.00 0.00% 89-825-6931 Land & Improvements 0.00 0.00 0.00 0.00 0.00% 89-825-8900 Other Financing Use - Debt Refundings 0.00 0.00 0.00 0.00 0.00% 89-825-9800 Transfers Out 0.00 0.00 0.00 0.00 0.00% Total Expenditures 0.00 (24,477.29) (1,381,736.00) (832,447.74) 39.75% Total Community Development Corporation 0.00 (24,477.29) (1,381,736.00) (832,447.74) 39.75% Total Community Development Corporation 0.00 (24,477.29) (1,381,736.00) (832,447.74) 39.75% 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: May Sales Tax Report SUMMARY: STAFF RECOMMENDATION: ATTACHMENTS: I I m am 0159 :RN EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 Staff Contact: 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 335,454 340,156 419,319 338,879 292,405 441,021 375,823 385,457 $ 2,928,514 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 13.3% 340,358 397,630 316,470 310,731 378,344 $ 3,634,108 Budget: 3,805,000 77.0% 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 ,�A 0 FY2020-21 0 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 144,546 13.3% $ 127,634 June - $ 149,111 July - $ 118,676 August - $ 116,524 September - $ 141,879 $ 1,098,193 $ 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 J1,.. 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: Closed Session. I0ii1►150VA EDC/CDC Agenda Staff Report Meeting Date: 7/26/2021 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: STAFF RECOMMENDATION: ATTACHMENTS: