HomeMy WebLinkAboutMinutes - Economic Development Corp. (EDC) - 07/09/2025 - RegularCITY OF THE COLONY
THE COLONY ECONOMIC DEVELOPMENT CORPORATION
MINUTES —July 9 2025
The Regular Session of The Colony Economic Development Corporation of The City of The Colony, Texas was
called to order at 6:48 pm on the 9th of July, 2025 THE COLONY, TEXAS, with the following roll call:
Tom Tvardzik
President
Present
Kevin Braby
Vice President
Present
Leonard Powell
Member
Absent
Brian Buffington
Secretary
Present
Dave Hicinbothem
Member
Present
Perry Schrag
Council Liaison
Present
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 6:48 pm.
Announcement of events and activities':
Denton Co Eco Dev Group Luncheon — Cosm 8/7
Stonebridge Health — should see demo soon;1 asbestos demo co;
Redev — N WC S. Colony/Paige — two centers
5000 Main - EOS Fitness; moving forward
BRAG Grants — Uptrend; expecting Blends
ACE - Geico
BIG — Dog Spa sign; 011io sign
Legislation — new posting dates for mtg; 3 business days
EDC Bldg - Covered Parking this year
Chamber Ad — suit picture
Rock & Brews & Bagel fresh closed
Paris Baguette; Southern Steer Butcher; Futsal in the Shacks
2.0 CONSENT AGENDA
2.1 Acceptance of financial reports through May, 2025
2.2 Approval of the minutes of the regular board meeting May 14, 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.
These items are strictly public service announcements. No action will be taken and no direction will be given regarding these items
3.0 1 REGULAR AGENDA
3.1 Discuss and consider FY 2025/2026 budget
4.0 EXECUTIVE SESSION AGENDA
4.1 Board shall convene into a closed executive session pursuantto 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 7.05 pm.
Reconvene to O en Session
The board reconvened into regular session at 7:26 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 7:27 pm.
Brendan Brooke,
Recording Secretary
Tom TUardzik
President