HomeMy WebLinkAboutMinutes - Economic Development Corp. (EDC) - 04/10/2024 - RegularCITY OF THE COLONY
THE COLONY ECONOMIC DEVELOPMENT CORPORATION
MINUTES —April 10, 2024
The Regular Session of The Colony Economic Development Corporation of The City of The Colony, Texas was
called to order at 7:00pm on the 10th of April, 2024 THE COLONY, TEXAS, with the following roll call:
Tom Tvardzik
President
Present
Kevin Braby
Vice President
Present
Leonard Powell
Member
Present
Brian Buffington
Member
Present
Dave Hicinbothem
Member
Present
Perry Schrag
Council Liaison
Absent
Keri Samford
Staff
Present
Diane Lemmons
Staff
Present
Amber Downing
Staff
Present
1.0 1 ROUTINE ANNOUNCEMENTS; RECOGNITIONS:
Call to Order: President, Tom Tvardzik, called the meeting to order at 7:00pm.
Announcement of events and activities':
• INCubator Program —Judging to take place on 4/23
• ELM — Grand Opening on 4/18
• Tande Thai — VIP events 4/9-4/11, Opening to the public 4/15
• Budget — kickoff meeting
• Fiber Loop — working on final steps to get connected
• Music Friendly City — MOU to City Council
• Placer.Al — have brought in CVB, Parks & Emergency Management
• The Colony Chamber of Commerce — hired a new executive director
• DCEO Awards — we have 3 nominees: Cosm, Popstroke and Live Oak Logistics; Jack Matthews received
Pioneer Award
• Dallas Regional Chamber —Ad in Eco Dev Guide
• Sports Books — received Dallas Stars and March Madness, working on ads for Cowboys & SMU
• Rackhouse, Popstroke & Fireside Surf — all now open for business
2.0 1 CONSENT AGENDA
2.1 Acceptance of financial reports through February, 2024
2.2 Acceptance of marketing and print advertising update
2.3 Approval of the minutes of the regular board meeting December 13, 2023
Motion to accept Items 2.1 — 2.3, as presented — Keven Braby, Leonard Powell second , motion passed
with all ayes.
3.0 1 REGULAR AGENDA
3.1 No items to consider
I These items are strictly public service announcements. No action will be taken and no direction will be given regarding these items.
4.0 1 EXECUTIVE SESSION AGENDA
4.1 Board shall convene into a closed executive session pursuant to Sections 551.072 and 551.087 of the
Texas Government Code to deliberate regarding purchase, exchange, lease or value of real property and
commercial or financial information the city has received from a business prospect(s), and to deliberate
the offer of a financial or other incentive to a business prospect(s).
The board went into executive session at 7.12pm
Reconvene to Open Session
The Board reconvened into regular session at 7.37pm
4.2 Any action as a result of executive session regarding purchase, exchange, lease or value of real property
and commercial or financial information the city has received from a business prospect(s), and the offer
of a financial or other incentive to a business prospect(s).
No Action
ADJOURNMENT
President Tom Tvardzik adjourned the meeting at 7.37pm.
er Downing Tom 4ardzik
Recording Secretary President