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HomeMy WebLinkAbout2024-09-05 CDC/EDC Meeting MinutesTHE CITY OF Anna "o), 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 Antia E.*� DC 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 Meeting Minutes Thursday, September 5, 2024, at 6:00 pm Anna Municipal Complex, City Council Chambers 120 W. 7th Street, Anna, Texas 75409 The Anna Community Development Corporation and the Anna Economic Development Corporation conducted a meeting at 6:00 p.m. on Thursday, September 5, 2024, at the Anna Municipal Complex in City Council Chambers, located at 120 W. 7th Street Anna, Texas 75409. A video recording of the open session portions of the meeting may be viewed online at the City of Anna's website: https://www.annatexas.gov/962/AgendasMinutes CDC and EDC Board Members Present: Bruce Norwood (President), Nate Pike (Vice -President), Kylee Kelley, Manny Singh, Lamarr Dillingham, and Allison Inesta. CDC AND EDC Board Members Absent: Michelle Hawkins (Secretary). Others Present: Bernie Parker (Director of Economic Development), Natasha Roach (Assistant Director of Economic Development), Salena Tittle (Economic Development Manager), Clark McCoy (City Attorney), Pete Cain (Mayor), & Jody Bills (Council Member). Call to Order, Roll Call, and Establishment of Quorum. The meeting was called to order by Board President Bruce Norwood at 6:00 p.m. 2. Invocation and Pledge of Allegiance. Invocation and Pledge of Allegiance was led by Board President Bruce Norwood. 3. Neighbor Comments. None. 4. Consent Agenda. a. Approve minutes from the August 1, 2024, Joint Community Development Corporation and Economic Development Corporation Meeting. (CDC) Approve minutes from the August 1, 2024, Joint Community Development Corporation and Economic Development Corporation Meeting. (EDC) Nate Pike made a motion on behalf of the CDC and EDC to approve the consent agenda. Manny Singh seconded the motion. All were in favor. Motion passed. 5. Individual Consideration. a. Receive a presentation on financial reports for the CDC & EDC. The City of Anna Finance Director, Aimee Ferguson, provided a brief presentation and breakdown on financial reporting and current funds within the CDC & EDC. No action taken. b. Consider/Discuss/Act on a Resolution approving an agreement with Cooksey Communications for public relations and marketing services. (CDC) Bernie Parker explained that the item was for the 2024-2025 annual public relations and marketing contract with Cooksey Communications. Bernie further explained their scope of work and all items they work on throughout the year for both corporations. Bruce Norwood made a motion on behalf of the CDC to approve a Resolution authorizing an agreement with Cooksey Communications and the expenditure of funds not to exceed $91,000. Kylee Kelley seconded the motion. All were in favor. Motion passed. Consider/Discuss/Act on a Resolution approving an agreement with Swimming Duck, LLC for digital media services. (CDC) Bernie Parker explained that the item was for the 2024-2025 annual digital media service contract with Swimming Duck. Bernie further explained their scope of work and discussed the leads and interest we have received from their digital ads. Bruce Norwood made a motion on behalf of the CDC to approve a Resolution authorizing an agreement with Swimming Duck and the expenditure of funds not to exceed $45,000. Lamarr Dillingham seconded the motion. All were in favor. Motion passed. 6. Director's Report. Strategic Plan Update Bernie Parker updated the Board on staffs recent accomplishments & attended events. He also provided the Board with an update on the 2024 Economic Development Forum which was held on August 29th. Bernie also discussed the latest online article which featured another fantastic Anna project, and the Collin County Meals on Wheels facility tour where staff had the privilege of learning more about the organization and what their current and future needs are as Anna grows. No action taken. b. Financial Report/Sales Tax Update Bernie Parker presented updated information on increased sales tax and that the city is already up 31.5% higher than where we were last year. No action taken. Event Updates & Upcoming Events Bernie Parker informed the Board that the 2024 Anna Fest event will be held on October5th at the Municipal Complex from 12:00 p.m. —4:00 p.m. No action taken. 7. Closed Session. Deliberate regarding the purchase, exchange, lease or value of real property. (Tex. Gov't Code §551.072) possible property acquisition; possible land sale/purchase. Consult with legal counsel on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov't Code §551.071); Grant program; Lease agreement and professional services contract. Pending Contracts. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the Board of Directors has received from a business prospect that the Board of Directors seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the Board is conducting economic development negotiations; or, (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov't Code §551.087); potential retail and medical projects. Bruce Norwood made a motion to enter into closed session. Lamarr Dillingham seconded the motion. All were in favor. Motion passed. The EDC/CDC Board entered into closed session at 6:30 p.m. 8. Reconvene into open session and take any action on closed session items. Bruce Norwood called the EDC/CDC Board meeting back into open session at 7:56 p.m. Bruce advised that action needed to be taken on an item that was discussed in closed session, and it was an item that he is recusing himself from. Bruce Norwood left the room. Manny Singh then made a motion that the Anna Community Development Corporation terminate the contract for sale and leaseback of real property between Anna Community Development Corporation and Bengal Anna Plaza, LLC and Faizur Rahman regarding the Bengal property and the Rahman property effective immediately and demand repayment of the earnest money deposit. Lamarr Dillingham seconded the motion. Five Board members voted in favor of the motion. Motion passed. 9. Receive reports from staff or Board Members about items of community interest. There were no reports. 10. Adjourn. Nate Pike adjourned the meeting at 7:57 p.m. APPROVED: Bruce Norwood ATTESTED: Nate Pike President of CDC/EDC Vice -President of CDC/EDC