HomeMy WebLinkAboutCDC-EDCpkt2022-02-10
Item No. 4.a.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Approve minutes from the January 6, 2022, Joint Community Development Corporation
and Economic Development Corporation Meeting. (CDC)
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
1.January 6, 2022 CDC EDC Joint Meeting Minutes
Item No. 4.b.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Approve minutes from the January 6, 2022, Joint Community Development Corporation
and Economic Development Corporation Meeting. (EDC)
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
1.January 6, 2022 CDC EDC Joint Meeting Minutes
Item No. 5.a.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Conduct a Public Hearing regarding financial incentives and Consider/Discuss/Action on
a resolution approving an Incentive Agreement with Zablink Hospitality, LLC for a hotel
project. (CDC)
SUMMARY:
As the Board is aware, Zablink Hospitality was approved to construct a 93-room Holiday
Inn Express behind Walmart in 2019. COVID along with material shortages and costs
have caused delays in the project. Zablink is working with a new lender and has
requested incentives to help make the project happen. It is important to get a hotel in
Anna that brings in hotel occupancy taxes and other revenue for the city. After
discussing in detail, the Anna City Council requested that the CDC take the lead on
incentives. Based on the Type B law, a 60-day notice and Public Hearing is required to
initiate the process--the item was published in the Anna-Melissa Tribune on January 27.
If approved, the item will go to the Anna City Council for their approval.
The incentive is for $208,990.06 which represents impact fees and other fees for the
project--this does not include the latest building permit and plan review fees. Half would
be paid after construction commences and half upon issuance of the Certificate of
Occupancy should Zablink meet the requirements in the Agreement.
STAFF RECOMMENDATION:
Motion on behalf of the CDC approving a resolution approving an Incentive Agreement
with Zablink Hospitality, LLC subject to approval as to legal form.
ATTACHMENTS:
1.Zablink Hotel Project Res C08009D20220131CR1
2.Zablink Hospitality C08009D20220128CR1
Item No. 5.b.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Hold a work session to discuss Downtown and a prospective incentive policy.
SUMMARY:
As the Board is aware, staff is working on Downtown Anna and developing an incentive
policy specifically for the Downtown area. The immediate focus is infrastructure (the
city is using COVID funds to upgrade infrastructure and the CDC is proposing to have a
drainage study completed). At the same time, staff is working with city staff on a plan
for the Downtown core that includes parking, streetscape, lighting, and other items. We
plan to discuss more details with the Board again in the near future. Tonight, we are
seeking feedback on what incentives the Board would like to see in the policy.
STAFF RECOMMENDATION:
ATTACHMENTS:
Item No. 5.c.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Consider/Discuss/Action on a resolution approving a Professional Services Agreement
with Teague, Nall, and Perkins, Inc. (TNP) for a Downtown Drainage Study. (CDC)
SUMMARY:
One key item for Downtown Anna moving forward is drainage and staff recommends
moving forward with a drainage study for the Downtown area. Staff is working with
Public Works and TNP was identified to develop the study. Several prospective
businesses have contacted us regarding sites in Downtown Anna and drainage was
identified as a potential issue for some as their sites are not large enough for detention
ponds. The study will likely take around 90-120 days to complete.
STAFF RECOMMENDATION:
Motion on behalf of the CDC to approve a resolution approving a Professinal Services
Agreement with Teague, Nall, & Perkins (TNP) for a Downtown Drainage Study not to
exceed $55,000 and authorizing the Board President to execute the Agreement subject
to approval as to legal form.
ATTACHMENTS:
1.Anna DTDW Proposal (1.28.22) Revised (1.31.21)
2.Engineering Resolution C08009D20220131CR1 redline
Item No. 5.d.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Consider/Discuss/Action on a resolution approving an Agreement with Red Productions,
LLC for the creation of a promotional video. (CDC)
SUMMARY:
As a part of the FY 2022 Budget, staff recommended using some of the marketing funds
for an updated promotional video. Cooksey Communications identified several
prospective firms and after a thorough process, Red Productions, LLC was selected
based on their qualifications and experience.
STAFF RECOMMENDATION:
Motion on behalf of the CDC to approve a resolution approving an Agreement with Red
Productions, LLC for the creation of promotional video not to exceed $22,000 subject to
approval as to legal form and authorizing the Board President to execute the
Agreement.
ATTACHMENTS:
1.Red Prod Res C08009D20220131CR1 redline
2.MSA - Anna CDC_RP C08009D20220128CR1 redline
Item No. 5.e.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Consider/Discuss/Action on a resolution amending the 2021-2022 Fiscal Year Budget
by carrying forward unexpended promotional funds in the amount of $28,355.45. (EDC)
SUMMARY:
Staff did not utilize most of the EDC marketing funds last year and recommends
carrying them forward.
STAFF RECOMMENDATION:
Motion on behalf of the EDC to approve a resolution approving an amendment to the FY
22 EDC Budget by carrying forward unexpended promotional funds in the amount of
$28,355.45.
ATTACHMENTS:
1.EDC Budget Amendment
2.Exhibit A
Item No. 5.f.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Consider/Discuss/Action on a resolution authorizing all actions necessary for closing on
sale of real property (business park) to PC5 Properties, LLC or assigns. (CDC)
SUMMARY:
This item authorizes the Board President to execute all documents and actions related
to the sale of the Business Park.
STAFF RECOMMENDATION:
Motion on behalf of the CDC approving a resolution authorizing the Board President to
execute all actions related to the sale of the Business Park.
ATTACHMENTS:
1.Res Sale Business Park C08009D20220125CR1
Item No. 5.g.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Consider/Discuss/Action on a resolution authorizing all actions necessary for closing on
sale of real property (business park) to PC5 Properties, LLC or assigns. (EDC)
SUMMARY:
This item authorizes the Board President to execute all documents and actions related
to the sale of the Business Park.
STAFF RECOMMENDATION:
Motion on behalf of the EDC approving a resolution authorizing the Board President to
execute all actions related to the sale of the Business Park.
ATTACHMENTS:
1.Res Sale Business Park C08010D20220125CR1
Item No. 5.h.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Consider/Discuss/Action on accepting the resignation of Matthew Seago from the Board
of Directors. (CDC & EDC)
SUMMARY:
Matthew Seago tendered his resignation from the EDC and CDC Board effective
immediately. The City Council has opted to allow the position to remain open until
upcoming Board appointments in May/June.
STAFF RECOMMENDATION:
Motion on behalf of the EDC and CDC to accept the resignation of Matthew Seago from
the Board of Directors.
ATTACHMENTS:
1.Resignation
Item No. 6.d.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Chamber of Commerce Annual Banquet
SUMMARY:
The Greater Anna Annual Chamber of Commerce Banquet has been moved to April 2,
2022--let staff know if you can attend.
STAFF RECOMMENDATION:
ATTACHMENTS:
Item No. 6.a.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
ICSC ReCON and Red River Show
SUMMARY:
ICSC Red River Show is now March 30-April 1 and ISCS ReCON is May 22-24.
STAFF RECOMMENDATION:
ATTACHMENTS:
Item No. 6.b.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Strategic Plan Update
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
1.January 2022 Strategic Plan Update
Item No. 6.c.
EDC/CDC Agenda
Staff Report
Meeting Date:2/3/2022
Staff Contact:
AGENDA ITEM:
Financial Report/Sales Tax Update
SUMMARY:
STAFF RECOMMENDATION:
ATTACHMENTS:
1.Book2