Item A

REGULAR SESSION - CALL TO ORDER

1. Invocation

Consent Agenda

CONSENT AGENDA
Items are listed on the Consent Agenda by the DEDC Interim Chief Executive Officer and are recommended to the DEDC Board of Directors for single vote of approval. Any item may be removed from the Consent Agenda for separate vote at the request of a Board Director.
1. Approval of DEDC Minutes
a. Consideration and approval of the December 18, 2017 Board Meeting Minutes.
b. Consideration and approval of the November 30, 2017 income and expenses.

Item C1

REGULAR AGENDA - NEW BUSINESS - Items for discussion and/or possible action:

City Council Liaison update regarding City events, meetings, etc. by Councilmember Deshaundra Lockhart Jones.

Item C2

Grow DeSoto Incubator finish out and financial status report. Presentation by Monte Anderson and Wana Smith.

Item C3

Consideration and action to approve the Agreement for Professional Services between DeSoto Economic Development Corporation and The Industry HUB.

Item C4 (Part 1 of 2)

DeSoto Chamber of Commerce Update by Laura Terhune, President.

Item C5

Consideration and action to approve amending the Professional Service Agreement between the DeSoto Chamber of Commerce and the DeSoto Economic Development Corporation.

Item C4 (Part 2 of 2)

DeSoto Chamber of Commerce Update by Laura Terhune, President.

Item C7

Consideration and action to approve the sponsorship of the 'Market Place' zone at the DeSoto Living! Festival 2018 for $2500.

Item C6

Consideration and action to approve the sponsorship of the 2nd Annual DeSoto Job Fair for $3,500.

Item C8

Consideration and action to approve advertising in the 2018 Annual Economic Development Guide published by D Magazine, partnered with the Dallas Regional Chamber, for up to $9975.

Item C9

Financial Status Report. Presentation by Melissa Adams, Budget Analyst, City of DeSoto.

Executive Session

D. EXECUTIVE SESSION UNDER TEXAS GOVERNMENT:
Texas Government Code, Section 551.087: Economic Development Deliberation:
1. Incubator Project:
- Commercial Lease between Dilbeck Court Ltd. and DeSoto Economic Development Corporation;
- Management Agreement between Options Property Management and DeSoto Economic Development Corporation;
- Second Amendment to the Lease Agreement between Dilbeck Court, Inc. and DeSoto Economic Development Corporation with a finish-out date of March 1, 2018.
Texas Government Code Section 551.074: Personnel:
2. Chief Executive Officer: Discussion and consideration to employ Joe Newman as Chief Executive Officer of the DeSoto Economic Development Corporation.
E. RECONVENE INTO OPEN SESSION
1. Consideration and action to approve the Second Amendment to the Lease Agreement between Dilbeck Court, Limited and the DeSoto Economic Development Corporation.
2. Consideration and action to approve the Employment Agreement for Joe Newman as the DEDC Chief Executive Officer.

Item G

BRIEFING BY INTERIM CHIEF EXECUTIVE OFFICER-Joe P. Newman
Brief update of meetings attended, industrial site visits and general office operations.

Items H & I

H. BOARD ANNOUNCEMENTS regarding local civic and charitable, events, meetings, fundraisers, and awards.

I. ADJOURNMENT