HomeMy WebLinkAboutMinutes - Community Development Corp. (CDC) - 05/14/2026 - RegularMINUTES OF THE JOINT SPECIAL SESSION
OF THE COMMUNITY DEVELOPMENT CORPORATION
THURSDAY, MAY 14"', 2026
The Joint Special Session of City Council & The Community Development Corporation of the City of
The Colony, Texas, was called to order at 6:30 p.m. on the 14"' day of May 2026 at City Hall, 6053
Main Street, The Colony, Texas, with the following roll call:
Allen Harris, President
Present
Tim Miller
Staff
Joshua Knapp, Vice President
Present
Brant Shallenburger
Staff
Wesley Bledsoe, Treasurer
Absent
Jackie Kopsa
Staff
Kathy Ray, Secretary
Present
Marlisa Jemison
Staff
Dan Mahle, Board Member
Absent
Calvin Lehman
Staff
Randy Dull, Board Member
Absent
Matthew McCallum
Recording Secretary
Jim Owens, Board Member
Present
City Council Members Present —
Mayor Richard Boyer Robyn Holtz
Dan Rainey
Judy Ensweiler Joel Marks
Perry Schrag
And with four board members present, a quorum was established and the following items were
addressed:
1.0 ROUTINE ANNOUNCEMENTS AND RECOGNITIONS
1.1 Call to Order - City Council - Community Development Corporation
The meeting was called to order at 6:30 pm.
1.2 Pledge of Allegiance to the United States Flag
1.3 Salute to the Texas Flag
1.4 Receive presentation from staff regarding upcoming events and activities
1.5 Items of Community Interest
2.0 CITIZEN INPUT
None.
3.0 CONSENT AGENDA
3.1 Consider approval of minutes of the April 9, 2026 Regular Session.
Motion to approve — Knapp — Second — Ray; passes with all ayes.
3.2 Consider acceptance of the CDC financial reports for March 2026.
Motion to approve — Knapp — Second — Ray; passes with all ayes.
4.0 REGULAR AGENDA ITEMS
4.1 City Council and the Community Development Corporation Board of Directors to jointly conduct a work
session to discuss upcoming/current CDC projects as follows and provide direction to staff. Subject matter
will include project planning and development, budgets/funding, locations, scope of projects, and
timelines.
- Bond Discussion for future projects
- CDC proposed CIP list for Fiscal Year 2026-2027 & prior projects
- Lake Parks Fund proposed CIP list for Fiscal Year 2026-2027 & prior projects
Jackie began the meeting between the CDC and City Council by proposing a new plan for future PARD
development projects regarding the CDC. Essentially, the CDC would take out a 20- or 30 year bond to
fund PARD projects, which would ultimately save money, especially on construction costs.
Tim Miller, Assistant City Manager, elaborated on the concept. The City is almost at issuing capacityfor
bonds, so in the case of'this particular project, the CDC would be the issuer. Tim discussed how the CDC
allocates its funding, referenced the 20- and 30 year bond sheets within the agenda packet, and noted that
using an alternative issuer has been done before. He ultimately thinks the plan is doable.
Jackie then discussed the CDC Priority Projects. PARD is already working on multiple projects; if future
projects are delayed, construction costs will continue to rise. She explained that a priority project list was
developed and presented to the CDC last month. The new Rec Center and pickleball courts are the main
projects, while a master plan for the space behind the Rec Center will eventually be determined. The BB
Owen and Turner projects have already started and are under design. The splash pad at the Aquatic Park
and the office space need to be updated, while Camey and the Softball Complex round out the list. She
explained that the bonding process allows these projects to be completed much faster. Both the CDC and
City Council then weighed in on the conversation.
Jackie asked Council if'they wanted to pursue the bond and if'they had any reservations about the project
priorities. Ideally, everything would be completed by the 2031 budget cycle. Mr. Harris discussed the 20 -
and 30 year bond options fom the CDCs perspective. Jackie mentioned that the goal is to pay the bond off
as early as possible while still remaining conservative in the event of' a slower economy. Brant
Shallenberger, Deputy City Manager, reiterated that the LISD payment is not part of'the bond and will be
paid off in the next budget cycle, while discussing construction costs and project scope with City Council.
He also explained that the funds from the bond do not impact or go towards the Stewart Creek Park
renovations.
Council then discussed several oj'the projects and the bonding process, including the Aquatic Park splash
pad. Jackie explained that replacement parts are no longer obtainable for the splash pad because it is
outdated. City Council stated they would prefer another aquatic amenity instead of 'a splash pad, given that
there is already a free one near the current Rec Center. Jackie asked Council if they preferred a 20- or 30 -
year bond. Tim recommended the 30 year option, and Council agreed to the 30 year bond.
4.2 Discuss and consider approving a resolution to authorize a budget amendment to fiscal year 2025-2026
for $80,000.00 to be used to repair the water well at Five Star.
Jackie discussed the project and the City's responsibilities as it still pertains to Five Star/The Athletic
Club.
Motion to approve — Knapp — Second — Harris; passes with all ayes_
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4.3 Adjournment of City Council
The Council members adjourned at 7:47p.m.
4.4 Receive an update from staff and discuss the following items:
- CiP project schedule
Previously discussed.
4.5 Board to request items to be placed on a future agenda.
None.
ADJOURNMENT
With there being no further business to discuss, the meeting ► rs jour ed r .: 50 pm.
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Matthew McCallum, Recording Secretary Allen VA, President
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