REGULAR SESSION – CALL TO ORDER 1. Invocation
B. CONSENT AGENDA Items are listed on the Consent Agenda by the DEDC 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. a. Consideration and approval of the February 24, 2020 Board Meeting Minutes. b. Consideration and approval of the January 31, 2020 income and expenses. c. Consideration and approval of the Certified Commercial Investment Member (CCIM) - North Texas Chapter’s commercial real estate association annual membership fee in the amount of $1,500.
REGULAR AGENDA – NEW BUSINESS – Items for discussion and/or possible action: Grow DeSoto Market Place Incubator Financial Status Report. Presentation by Monte Anderson, Options Real Estate.
Discussion and possible action concerning Grow DeSoto Market Place tenant’s rent subsidies or other related assistance during the pandemic.
Auditor’s Annual Report for Fiscal Year 2019 by Paula Lowe, CPA, Pattillo, Brown & Hill, L.L.P.
City Council Liaison update regarding City events, meetings, etc. by Councilmember Andre` Byrd, Sr., City Council Liaison.
DeSoto Chamber of Commerce update by Kenneth Govan, Board Chairman, DeSoto Chamber of Commerce.
Financial Status Report for February 29, 2020. Presentation by Melissa Adams, Accounting Manager, City of DeSoto.
Consideration and possible action to approve contributing to the Customer Service Initiative (ICSI) Program rollout at the Regional Economic Development (R.E.D.) Summit as ICSI’s host city in the amount of $3000.
The Industry HUB’s Grow DeSoto Market Place Activity Summary Report for February 2020 by Terry Toomey, Executive Director of the Industry HUB.
D. EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE: Texas Government Code, Section 551.087: Economic Development Deliberation: 1. Deliberation and Discussion regarding the Economic Development Incentives for Project Methodist. 2. Deliberation and Discussion regarding the Economic Development Incentives for Project Germany. 3. Deliberation and Discussion regarding the Economic Development Incentives for Project Stone. Texas Government Code, Section 551.071: Consultation with General Counsel: 1.i.1. Consultation with general counsel regarding the Forensic Auditor’s Report. Texas Government Code, Section 551.074: Personnel: 1. Annual Review of Joe Newman, Chief Executive Officer, DEDC. E. RECONVENE INTO OPEN SESSION F. ACTION AS RESULT OF EXECUTIVE SESSION
BRIEFING BY CHIEF EXECUTIVE OFFICER – Joe D. Newman 1. Brief update of meetings attended, industrial site visits and general office operations. 2. Discussion of possible dates for the next DEDC Board Meeting Retreat.
H. BOARD ANNOUNCEMENTS 1. Board announcements are regarding local civic and charitable events, meetings, fundraisers, awards, expression of thanks, congratulations or condolences. I. ADJOURNMENT
REGULAR SESSION – CALL TO ORDER 1. Invocation
B. CONSENT AGENDA Items are listed on the Consent Agenda by the DEDC 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. a. Consideration and approval of the February 24, 2020 Board Meeting Minutes. b. Consideration and approval of the January 31, 2020 income and expenses. c. Consideration and approval of the Certified Commercial Investment Member (CCIM) - North Texas Chapter’s commercial real estate association annual membership fee in the amount of $1,500.
REGULAR AGENDA – NEW BUSINESS – Items for discussion and/or possible action: Grow DeSoto Market Place Incubator Financial Status Report. Presentation by Monte Anderson, Options Real Estate.
Discussion and possible action concerning Grow DeSoto Market Place tenant’s rent subsidies or other related assistance during the pandemic.
Auditor’s Annual Report for Fiscal Year 2019 by Paula Lowe, CPA, Pattillo, Brown & Hill, L.L.P.
City Council Liaison update regarding City events, meetings, etc. by Councilmember Andre` Byrd, Sr., City Council Liaison.
DeSoto Chamber of Commerce update by Kenneth Govan, Board Chairman, DeSoto Chamber of Commerce.
Financial Status Report for February 29, 2020. Presentation by Melissa Adams, Accounting Manager, City of DeSoto.
Consideration and possible action to approve contributing to the Customer Service Initiative (ICSI) Program rollout at the Regional Economic Development (R.E.D.) Summit as ICSI’s host city in the amount of $3000.
The Industry HUB’s Grow DeSoto Market Place Activity Summary Report for February 2020 by Terry Toomey, Executive Director of the Industry HUB.
D. EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE: Texas Government Code, Section 551.087: Economic Development Deliberation: 1. Deliberation and Discussion regarding the Economic Development Incentives for Project Methodist. 2. Deliberation and Discussion regarding the Economic Development Incentives for Project Germany. 3. Deliberation and Discussion regarding the Economic Development Incentives for Project Stone. Texas Government Code, Section 551.071: Consultation with General Counsel: 1.i.1. Consultation with general counsel regarding the Forensic Auditor’s Report. Texas Government Code, Section 551.074: Personnel: 1. Annual Review of Joe Newman, Chief Executive Officer, DEDC. E. RECONVENE INTO OPEN SESSION F. ACTION AS RESULT OF EXECUTIVE SESSION
BRIEFING BY CHIEF EXECUTIVE OFFICER – Joe D. Newman 1. Brief update of meetings attended, industrial site visits and general office operations. 2. Discussion of possible dates for the next DEDC Board Meeting Retreat.
H. BOARD ANNOUNCEMENTS 1. Board announcements are regarding local civic and charitable events, meetings, fundraisers, awards, expression of thanks, congratulations or condolences. I. ADJOURNMENT