HomeMy WebLinkAboutMinutes - Economic Development Corp. (EDC) - 05/14/2025 - RegularCITY OF THE COLONY
THE COLONY ECONOMIC DEVELOPMENT CORPORATION
MINUTES — May 14, 2025
The Regular Session of The Colony Economic Development Corporation of The City of The Colony, Texas was
called to order at 7:07 pm on the 14th of May, 2025 THE COLONY, TEXAS, with the following roll call:
Tom Tvardzik
President
Absent
Kevin Braby
Vice President
Present
Leonard Powell
Member
Present
Brian Buffington
Secretary
Present
Dave Hicinbothem
Member
Present
Perry Schrag
Council Liaison
Absent
Keri Samford
Staff
Present
Diane Lemmons
Staff
Present
Brendan Brooke
Staff
Present
1.0 1 ROUTINE ANNOUNCEMENTS; RECOGNITIONS:
Call to Order: Vice President, Kevin Braby, called the meeting to order at 6:51 pm.
Announcement of events and activities':
• Economic Development Week Proclamation
• Stars Game at Cosm
• Denton County EDC Luncheon
• Stonebridge Health Parking
• Grandscape new additions
• Brag Grants — 011io, Amore, Oasis
■ Big Grants — Dr. Seidler
• Created Grants Webpage
• Legislation Deadline
• TEDC Basic Training Brendan
• Budget submitted
• Board Room Headshots
■ Chamber Gala
• Diane Assistant Director
2.0 CONSENT AGENDA
2.1 Acceptance of financial reports through March, 2025
2.2 Approval of the minutes of the regular board meeting April 9, 2025
2.3 Acceptance of marketing and print advertising update
Motion to accept Items 2.1 — 2.3, as presented — Dave Hicinbothem, Leonard Powell second — motion
passed with all ayes.
1 These items are strictly public service announcements. No action will be taken and no direction will be given regarding these items.
3.0 REGULAR AGENDA
No Items to consider
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 7.14pm.
Reconvene to Open Session
The board reconvened into regular session at 7.29 pm.
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 Required
ADJOURNMENT
Vice President Kevin Braby adjourned the meeting at 7:30 pm.
&IV
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Brendan Brooke,
Recording Secretary
Tom TG@rdzik
President