Review and discuss draft items pertaining to FY 2022-2023 EDC budget development a. Final review pertaining to including: i. Corporations’ budget parameters ii. Corporations’ funding priorities for operations and projects b. Consideration of and possible action on: i. FY2022-2023 Corporation Budgets ii. FY2022-2023 Administrative Services Agreement by and between the Corporation and the City of Fulshear iii. Resolution CDC 2022-06, a resolution of the CDC declaring projects of the Corporation for Fiscal Year 2022-2023, directing staff to publish notice of same, and setting a public hearing c. Overview and schedule of formal budgeting process
Discussion, consideration and possible action on a proposed agreement with The Retail Coach for retail site consulting services in the City of Fulshear and its extraterritorial jurisdiction
6. Executive Session a. Pursuant to Section 551.071 of the Texas Open Meetings Act (Chapter 551, Government Code), consult with the attorney to the governing body on a matter in which the duty of the attorney to the governing body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Texas Open Meetings Act; b. Pursuant to Section 551.072 of the Texas Open Meetings Act, converse with legal counsel about the purchase, exchange, lease, or value of real property if such deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person i. Discussion and consideration of commercial contract - improved property between the City of Fulshear, "Seller," and the City of Fulshear Development Corporation and Fulshear Development Corporation, "Buyer," for that certain real property situated in Fort Bend County, Texas, at 30603 FM 1093, Fulshear, Texas 77441 c. Pursuant to Section 551.087 of the Texas Open Meetings Act, converse and discuss other economic development negotiations and related matters. i. Discussion and consideration of possible development proposal for 30603 FM 1093, Fulshear, Texas 77441 and 30619 FM 1093, Fulshear, Texas 77441 Adjourn Executive Session, reconvene Regular Session, and take action as necessary as a result of Executive Session, specifically: a. Consideration and approval of commercial contract - improved property between the City of Fulshear, "Seller," and the City of Fulshear Development Corporation and Fulshear Development Corporation, "Buyer," for that certain real property situated in Fort Bend County, Texas, at 30603 FM 1093, Fulshear, Texas 77441
Consideration and action on financials and payables for the Corporation for the period ending May 31, 2022 a. Review of sales tax growth variables
Economic development report: Briefings or updates may be provided regarding City and Economic Development projects and programs, certificates of occupancy, conferences and meetings attended, upcoming meetings and events, business contacts and announcements, economic indicators, and administrative items a. Director update i. Texas Heritage Parkway Monument – update ii. Website and branding development – update iii. Fulshear Katy Area Chamber of Commerce relationship – update iv. Proposed economic development incentive policy – update v. Innovation hub update vi. Business assistance grant discussion follow-up vii. Economic development performance metrics – update viii. Economic Development Strategic Plan survey review – follow-up b. Coordinator update i. Business retention and expansion ii. Fulshear Katy Area Chamber of Commerce – meetings attended c. Corporation attorney update i. Board communications and roles – overview
Future agenda items The Board of Directors of the Corporation will have the opportunity to inquire about subjects for which notice has not been given but which individual members of the Board of Directors of the Corporation wish to place on the agenda for a subsequent meeting. At this time, only statements of specific factual information and a recitation of existing policy may be made in response to the inquiry. In accordance with Section 551.042 of the Texas Open Meetings Act, the only deliberation of or decision about the subject of the inquiry shall be limited to a proposal to place the subject on the agenda for a subsequent meeting.
13. Announcements The Board of Directors of the Corporation will have the opportunity to address items of community interest, which – as aligned with Section 551.0415 of the Texas Open Meetings Act – specifically includes (1) expressions of thanks, congratulations, or condolence; (2) information regarding holiday schedules; (3) an honorary or salutary recognition of a public official, public employee, or other citizen; (4) a reminder about an upcoming event organized or sponsored by the Corporation; (5) information regarding an event organized or sponsored by an entity other than the Corporation that was attended or is scheduled to be attended by a member of the Board of Directors of the Corporation; and, (6) announcements involving an imminent threat to the public health and safety of people in the City of Fulshear that has arisen after the posting of the agenda. 14. Adjournment
Jul 25, 2022 Economic Development Corporation
Review and discuss draft items pertaining to FY 2022-2023 EDC budget development a. Final review pertaining to including: i. Corporations’ budget parameters ii. Corporations’ funding priorities for operations and projects b. Consideration of and possible action on: i. FY2022-2023 Corporation Budgets ii. FY2022-2023 Administrative Services Agreement by and between the Corporation and the City of Fulshear iii. Resolution CDC 2022-06, a resolution of the CDC declaring projects of the Corporation for Fiscal Year 2022-2023, directing staff to publish notice of same, and setting a public hearing c. Overview and schedule of formal budgeting process
Discussion, consideration and possible action on a proposed agreement with The Retail Coach for retail site consulting services in the City of Fulshear and its extraterritorial jurisdiction
6. Executive Session a. Pursuant to Section 551.071 of the Texas Open Meetings Act (Chapter 551, Government Code), consult with the attorney to the governing body on a matter in which the duty of the attorney to the governing body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Texas Open Meetings Act; b. Pursuant to Section 551.072 of the Texas Open Meetings Act, converse with legal counsel about the purchase, exchange, lease, or value of real property if such deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person i. Discussion and consideration of commercial contract - improved property between the City of Fulshear, "Seller," and the City of Fulshear Development Corporation and Fulshear Development Corporation, "Buyer," for that certain real property situated in Fort Bend County, Texas, at 30603 FM 1093, Fulshear, Texas 77441 c. Pursuant to Section 551.087 of the Texas Open Meetings Act, converse and discuss other economic development negotiations and related matters. i. Discussion and consideration of possible development proposal for 30603 FM 1093, Fulshear, Texas 77441 and 30619 FM 1093, Fulshear, Texas 77441 Adjourn Executive Session, reconvene Regular Session, and take action as necessary as a result of Executive Session, specifically: a. Consideration and approval of commercial contract - improved property between the City of Fulshear, "Seller," and the City of Fulshear Development Corporation and Fulshear Development Corporation, "Buyer," for that certain real property situated in Fort Bend County, Texas, at 30603 FM 1093, Fulshear, Texas 77441
Consideration and action on financials and payables for the Corporation for the period ending May 31, 2022 a. Review of sales tax growth variables
Economic development report: Briefings or updates may be provided regarding City and Economic Development projects and programs, certificates of occupancy, conferences and meetings attended, upcoming meetings and events, business contacts and announcements, economic indicators, and administrative items a. Director update i. Texas Heritage Parkway Monument – update ii. Website and branding development – update iii. Fulshear Katy Area Chamber of Commerce relationship – update iv. Proposed economic development incentive policy – update v. Innovation hub update vi. Business assistance grant discussion follow-up vii. Economic development performance metrics – update viii. Economic Development Strategic Plan survey review – follow-up b. Coordinator update i. Business retention and expansion ii. Fulshear Katy Area Chamber of Commerce – meetings attended c. Corporation attorney update i. Board communications and roles – overview
Future agenda items The Board of Directors of the Corporation will have the opportunity to inquire about subjects for which notice has not been given but which individual members of the Board of Directors of the Corporation wish to place on the agenda for a subsequent meeting. At this time, only statements of specific factual information and a recitation of existing policy may be made in response to the inquiry. In accordance with Section 551.042 of the Texas Open Meetings Act, the only deliberation of or decision about the subject of the inquiry shall be limited to a proposal to place the subject on the agenda for a subsequent meeting.
13. Announcements The Board of Directors of the Corporation will have the opportunity to address items of community interest, which – as aligned with Section 551.0415 of the Texas Open Meetings Act – specifically includes (1) expressions of thanks, congratulations, or condolence; (2) information regarding holiday schedules; (3) an honorary or salutary recognition of a public official, public employee, or other citizen; (4) a reminder about an upcoming event organized or sponsored by the Corporation; (5) information regarding an event organized or sponsored by an entity other than the Corporation that was attended or is scheduled to be attended by a member of the Board of Directors of the Corporation; and, (6) announcements involving an imminent threat to the public health and safety of people in the City of Fulshear that has arisen after the posting of the agenda. 14. Adjournment