Review and discussion regarding general economic development matters a. Discussion, consideration, and possible action on solicitation for innovative hub b. Discussion, consideration, and possible action to approve business assistance for local businesses i. Naturelle Skin Bar c. Discussion regarding future business assistance for local businesses
Review and discussion of draft items pertaining to FY 2022-2023 EDC budget development a. Public hearing on a project the Board hereby proposes to undertake during FY 2022-2023, being certain drainage infrastructure improvements, as described in the City’s FY 2022-2023 Capital Improvement Plan (the “CIP”), by finding that expenditures associated with such participation, in an estimated amount of $625,000.00 for FY 2022-2023, specifically for City CIP Project No. D22A: Eastside Tributary Drainage Improvements Cost Participation, are required and necessary to promote or develop new or expanded business enterprises and opportunities within the City. b. Overview and schedule of formal budgeting process
Review and discuss Corporation legal counsel a. Provide brief update on Corporation legal counsel b. Discussion and consideration of Corporation’s interim legal counsel c. Brief update and discussion on future solicitation for Corporation’s appointed legal counsel d. Consideration and possible action on Resolution CDC 2022-07: i. A resolution of the City of Fulshear Development Corporation (“CDC”), a “Type A” economic development sales tax corporation, requesting that the City Council of the City of Fulshear, Texas (“City Council”), authorize the CDC to appoint both interim legal counsel and legal counsel, upon vacancy of the municipal officer position of City Attorney; upon vacancy of the municipal officer position of City Attorney, authorizing the CDC to appoint interim counsel after consideration and evaluation of by the Director of Economic Development, the President of the Fulshear Development Corporation, and the President of the CDC; appointing the chosen candidate as interim counsel; providing an effective date; and providing for severability and repeal.
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 551.074 of the Texas Open Meetings Act (Chapter 551, Government Code), deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee and to hear a complaint or charge against an officer or employee: i. Economic Development Director; ii. President Andrew Van Chau; and iii. President Thomas C. Kuykendall, Jr. c. 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. “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 d. Pursuant to Section 551.087 of the Texas Open Meetings Act, converse and discuss other economic development negotiations and related matters.
Discussion, consideration of and possible action on FY2022-2023 Administrative Services Agreement by and between the Corporation and the City of Fulshear
Consideration and action on financials and payables for the Corporation for the periods ending May 31, 2022 and June 30, 2022
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. Economic development incentive policy – update ii. Website and branding development – update iii. Holiday decorating services – update iv. The Retail Coach contract for site development services – update v. Commercial office site selector – review and update vi. Industrial innovative hub – review and update vii. Fort Bend County Transit Feasibility Study – update viii.Texas Heritage Parkway Monument – update b. Coordinator update i. Business retention and expansion ii. Fulshear Katy Area Chamber of Commerce relationship – update c. Corporation attorney update
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.
16. 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. 17. Adjournment
Aug 15, 2022 Economic Development Corporation
Review and discussion regarding general economic development matters a. Discussion, consideration, and possible action on solicitation for innovative hub b. Discussion, consideration, and possible action to approve business assistance for local businesses i. Naturelle Skin Bar c. Discussion regarding future business assistance for local businesses
Review and discussion of draft items pertaining to FY 2022-2023 EDC budget development a. Public hearing on a project the Board hereby proposes to undertake during FY 2022-2023, being certain drainage infrastructure improvements, as described in the City’s FY 2022-2023 Capital Improvement Plan (the “CIP”), by finding that expenditures associated with such participation, in an estimated amount of $625,000.00 for FY 2022-2023, specifically for City CIP Project No. D22A: Eastside Tributary Drainage Improvements Cost Participation, are required and necessary to promote or develop new or expanded business enterprises and opportunities within the City. b. Overview and schedule of formal budgeting process
Review and discuss Corporation legal counsel a. Provide brief update on Corporation legal counsel b. Discussion and consideration of Corporation’s interim legal counsel c. Brief update and discussion on future solicitation for Corporation’s appointed legal counsel d. Consideration and possible action on Resolution CDC 2022-07: i. A resolution of the City of Fulshear Development Corporation (“CDC”), a “Type A” economic development sales tax corporation, requesting that the City Council of the City of Fulshear, Texas (“City Council”), authorize the CDC to appoint both interim legal counsel and legal counsel, upon vacancy of the municipal officer position of City Attorney; upon vacancy of the municipal officer position of City Attorney, authorizing the CDC to appoint interim counsel after consideration and evaluation of by the Director of Economic Development, the President of the Fulshear Development Corporation, and the President of the CDC; appointing the chosen candidate as interim counsel; providing an effective date; and providing for severability and repeal.
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 551.074 of the Texas Open Meetings Act (Chapter 551, Government Code), deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee and to hear a complaint or charge against an officer or employee: i. Economic Development Director; ii. President Andrew Van Chau; and iii. President Thomas C. Kuykendall, Jr. c. 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. “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 d. Pursuant to Section 551.087 of the Texas Open Meetings Act, converse and discuss other economic development negotiations and related matters.
Discussion, consideration of and possible action on FY2022-2023 Administrative Services Agreement by and between the Corporation and the City of Fulshear
Consideration and action on financials and payables for the Corporation for the periods ending May 31, 2022 and June 30, 2022
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. Economic development incentive policy – update ii. Website and branding development – update iii. Holiday decorating services – update iv. The Retail Coach contract for site development services – update v. Commercial office site selector – review and update vi. Industrial innovative hub – review and update vii. Fort Bend County Transit Feasibility Study – update viii.Texas Heritage Parkway Monument – update b. Coordinator update i. Business retention and expansion ii. Fulshear Katy Area Chamber of Commerce relationship – update c. Corporation attorney update
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.
16. 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. 17. Adjournment