[1. CALL TO ORDER, ESTABLISH AQUORUM A. Pledge of Allegiance.]
[2. CERTIFICATION OF PUBLIC NOTICE]
[3. DISCLOSURE OF CONFLICT OF INTEREST]
[4. PUBLIC COMMENTS]
[5. AGENDA ITEMS]
[A. Consider and take action on approval of Minutes for the Special Board meeting held on April]
[B. Presentation of Quarterly Investment Report ending on March 318, 2025.]
[C. Discuss and take action on a Memorandum of Understanding between Edinburg Economic Development, UTRGV, and participating financial institutions.]
[00:05:02]
WHAT? BANK ON IT IS ALL ABOUT WHO CAME UP WITH THE NAME.
[00:05:07]
CATCHY NAME. THE COMMITTEE? YEAH. IT WAS A COMBINATION OF UTRGV AND STAFF.GOOD EVENING. BOARD FOR THE RECORD PROJECT MANAGER.
SO THE BANK ON IT IS AN INTERNSHIP PROGRAM THAT CAME ABOUT THROUGH THE MAYOR.
IT WAS A MAYOR'S INITIATIVE, ALONG WITH THE EDINBURG 2040 ECONOMIC DEVELOPMENT COMMITTEE. SO THEY WANT TO PARTNER WITH THE EDINBURG EDC AND UTRGV.
AND IT IS FOR FINANCE STUDENTS.
AND WE HAVE FIVE PARTICIPATING BANKS.
THEY'RE ALL LOCAL. AND THE IDEA IS TO HAVE THIS PROGRAM TO RETAIN OUR LOCAL TALENT.
IT'S A TEN WEEK PROGRAM AND THE STUDENTS ARE GOING TO GET PAID $20 AN HOUR.
SO BASICALLY, THIS MOU IS JUST OUR OUR PARTICIPATION.
THERE'S NO FINANCIAL COMMITMENT FROM THE EDINBURG EDC AT THIS TIME.
ALL WE'RE DOING IS JUST CONNECTING PEOPLE TOGETHER, COORDINATING A LOT OF THIS PROGRAM.
AND WE ARE GOING TO HOST A OFFICIAL MOU SIGNING EVENT WITH UTRGV.
PROBABLY HAVE IT HERE, BUT MORE DETAILS TO COME ON THAT.
AND OF COURSE WE WOULD INVITE THE BOARD TO TO ATTEND.
AND DO WE HAVE A DATE FOR THAT YET? WE DON'T. I NEED TO CHECK WITH THE MAYOR, BUT WE'RE PROBABLY LOOKING AT THE FIRST WEEK OF JUNE JUST BECAUSE THE PROGRAM STARTS JUNE 9TH SEEMS LIKE A GREAT PROGRAM.
IT REALLY DOES. YES, WE'RE REALLY EXCITED THAT THE BANKS ARE PAYING $20 AN HOUR FOR THE INTERNSHIP PROGRAM. SO IT'LL BE IT'LL BE A GOOD PROGRAM.
AND HOW DID THE BANKS GET SELECTED OR HOW DID WE INITIALLY INVITED ALL THE BANKS.
WE HAD A LUNCHEON HERE, ACTUALLY.
AND FROM THERE, WE JUST FOLLOWED UP WITH THEM.
AND THE LOCAL BANKS ARE THE ONES THAT COMMITTED.
SO THE FIVE ARE FREEDOM BANK, RIO BANK, TEXAS NATIONAL BANK, LONE STAR BANK, AND GREATER STATE BANK.
BUT WE DID HAVE SOME OTHER BANKS THAT HAVE EXPRESSED INTEREST IN PARTICIPATING FOR NEXT YEAR. SO THIS IS HOPEFULLY SOMETHING THAT WILL CONTINUE. WOULD THIS BE EDINBURG STUDENTS FROM THAT LIVE HERE.
THEY. SO IT RANGES. BUT A LOT OF THE STUDENTS THAT HAVE APPLIED ARE FROM EDINBURGH.
YEAH. AND JUST SO THAT WE KNOW THERE'S NO COST TO TO EDC ON THIS PROGRAM AND WE'RE GOING TO SEE NO FINANCIAL COMMITMENT.
WE'RE JUST IT'LL BE ME JUST COORDINATING AND KIND OF RUNNING THE PROGRAM ALONG WITH UTRGV.
BUT WE'RE NOT COMMITTING ANYTHING.
SO WOULD THEY BE ACTUALLY WORKING IN INSTITUTIONS HERE IN EDINBURG OR THOSE BANKS? IT IT'S IT RANGES HONESTLY.
THE BANKS IF THEY HAVE THEIR SOME OF SOME OF THE BANKS ARE CLASSES ARE GOING TO BE IN MCALLEN. SOME ARE GOING TO BE HERE IN EDINBURG. IT DEPENDS WHERE THE BANK HAS THEIR BOARDROOM. RIGHT ON WHERE THEY GO.
I MEAN, I'M NOT SURE WHAT THE BOARD THINKS, BUT I WOULD LIKE TO AT LEAST DISCUSS THE FACT THAT IF WE'RE GOING TO TRY TO DO SOMETHING LIKE THIS, I THINK IT SHOULD BE SOMETHING THAT STAYS IN EDINBURGH IN OUR BRANCHES.
SO IF YOU KNOW, WE'RE BUILDING OUR COMMUNITY AND OUR INSTITUTIONS, THAT'S WHY I ASK IF THERE ARE STUDENTS FROM EDINBURGH.
OKAY. IS THERE A IS THERE A WAY TO AMEND WHERE THEY ARE GOING TO BE WITH THE CITY OF EDINBURGH, WITHIN THE LIMITS OF WHAT THE BANKS TO HOST THE STUDENTS IN EDINBURGH BRANCHES ONLY? ABSOLUTELY.
I THINK IT'S SOMETHING THAT WE SHOULD THINK ABOUT. OR EDINBURGH STUDENTS.
NO, I THINK THE BANKS HERE LOCALLY, I UNDERSTAND THERE'S PEOPLE THAT RELOCATE.
I UNDERSTAND THERE'S THERE'S STUDENTS FROM BROWNSVILLE.
MAYBE THEY'RE LIVING HERE. MAKES THINGS EASIER FOR THEM TO.
OKAY. DO THEY ALL HAVE BRANCHES HERE IN EDINBURGH? I'M NOT SURE IF ROYAL BANK DOES.
THEY DON'T. THEY DON'T. ALL BRANCHES.
AND I MEAN IT IS AN OPPORTUNITY FOR STUDENTS WHO ARE ATTENDING THE EDINBURGH CAMPUS TO GET SOME EXPERIENCE. IT'D BE GREAT IF THE BANK.
I KNOW LONE STAR HAS A BRANCH HERE AND I THINK OF COURSE, GREATER STATE BANK DOES.
I'M NOT SURE IF THE OTHERS WILL HAVE A BRANCH HERE, AND THEY WILL HAVE A BRANCH OR THEY'RE OPENING UP A BRANCH. THEY DID SAY, OKAY.
THEY DO. OKAY, OKAY. I DIDN'T THINK THEY HAD ONE HERE.
OKAY. THEN EVERYBODY HAS A BRANCH. YEAH. FREEDOM DOES, BUT I DIDN'T KNOW ABOUT RIO. I DIDN'T THINK RIO DID. I MEAN, WE CAN ASK FOR IT.
I KNOW WE'RE NOT. WE DON'T. WE'RE NOT PUTTING SKIN IN THE GAME IN THE SENSE THAT WE'RE NOT PUTTING ANY MONEY TOWARDS IT. I KNOW THAT THE IDEA WAS THAT THE BANKS WANTED TO PROVIDE THAT EXPERIENCE OF VISITING THEIR BOARD ROOM, SO A LOT OF THE CLASSES WERE GOING TO BE HOSTED IN THEIR WHEREVER THEIR BANK BOARD ROOM IS. RIGHT. WHAT IS OUR ROLE IN IT THEN? IT'S BASICALLY JUST COORDINATING THE THE PROGRAM, ALONG WITH JACK KOHFELDT FROM UTRGV CAREER CENTER.
SO IT'S MAINLY JUST CONNECTING AND COORDINATING.
I'M SURE NEXT YEAR WE'LL PROBABLY GET MORE BANKS WANTING TO PARTICIPATE HOPEFULLY.
THIS IS THIS IS AN EFFORT TO RETAIN TALENT INSTEAD OF HAVING THOSE VERY TALENTED STUDENTS TAKE ON INTERNSHIPS OUTSIDE OF THE VALLEY IS TO KEEP THEM HERE IN THE VALLEY AND JUST HELP THEM GROW HERE.
THE BANKS, AS WELL AS MANY OTHER TRADES, ARE GOING THROUGH SOME CHALLENGES IN TERMS OF THEIR WORKFORCE. AS THE WORKFORCE IS AGING A LOT OF THE FOLKS THAT ARE QUALIFIED ARE
[00:10:02]
MOVING OUT OF THE AREA, AND IT'S BECOMING THAT MUCH MORE DIFFICULT FOR BANKS TO HAVE VERY WELL QUALIFIED LENDERS IN THEIR LOCAL BRANCHES, ESPECIALLY FOR THE COMMUNITY BANKS.SO SO I UNDERSTAND THAT THERE'S NO COST TO US, BUT AND FOR NEXT TIME, WHAT WOULD WHAT ARE THE STEPS THAT WE WOULD NEED TO TAKE TO KIND OF GO TO DAVID'S POINT AND ENSURE THAT THAT THEY STAY HERE IN EDINBURG? WELL, I THINK THAT IT'S A ROTATIONAL TYPE OF PROGRAM WHERE THE STUDENTS ARE BEING EXPOSED TO VARIOUS POSITIONS WITHIN THE BANK.
AND SO IN SOME CASES, THEY'RE GOING TO BE PROBABLY IN BRANCHES WITHIN THE CITY THAT WE CAN ASK THEM TO STAY WITHIN THE CITY, BUT IN OTHER CASES, IF THEY HAVE TO BE WORKING IT OR WORKING MARKETING, THAT'S TYPICALLY IN THE CORPORATE HEADQUARTERS. AND FOR SOME OF THESE BANKS, THAT'S NOT IN EDINBURGH.
FOR SOME OF THEM, THEY ARE. WE ALREADY MET WITH THEM ONCE. RIGHT. WE ALREADY WE ALREADY MET WITH THEM WITH THE WITH THE BANKS.
YES, WITH THE BANKS. WE'VE MET WITH THE BANKS ON MORE THAN ONE OCCASION.
WE'VE MET WITH THE COMMITTEE FOR THE LAST PROBABLY FIVE MONTHS IN TRYING TO DEVELOP THE CURRICULUM, MAKING SURE THAT WE HAVE INSTRUCTORS AND INSTRUCTORS ARE ACTUAL LENDERS AND BANKERS WORKING WITHIN THESE INSTITUTIONS.
SOME OF THE INSTRUCTORS ARE EVEN AT BANKS THAT DID NOT PARTICIPATE, BUT THEY LIKE THE PROGRAM SO MUCH THAT THEY WANTED TO BE A PART OF THAT.
SO IT IS REALLY KIND OF A REGIONAL EFFORT.
AND IT STARTED WITH YOU KNOW, THE, THE 2040 COMMITTEE WANTING TO DO MORE ON THE WORKFORCE DEVELOPMENT SIDE, I THINK I THINK YOU'RE RIGHT ON, COMMISSIONER, IN TERMS OF YOUR REQUEST.
I MEAN, WE'RE FOR EDINBURGH IN TERMS OF THIS, I THINK, SINCE THERE'S NO MONEY INVOLVED, I THINK AS WE DEAL WITH FUTURE REQUESTS THAT INVOLVE MONETARY, WE SHOULD BE ABLE TO REQUEST AN EDINBURG ONLY.
WELL, I MEAN, AND I THINK OBVIOUSLY IT'S ALREADY GONE OUT.
RIGHT. AND THE PROGRAM HAS ALREADY BEEN WHERE THE FINAL STAGES OF IT. IF WE CAN ENCOURAGE THEM, I UNDERSTAND THERE'S CERTAIN PLACES WHERE THEIR HEADQUARTERS ARE OUTSIDE OF EDINBURGH, BUT IF YOU CAN ENCOURAGE THEM TO KEEP THEM WITHIN EDINBURGH, I THINK THAT'S SOMETHING WE COULD LOOK AT. AND I THINK THAT'S NOT A PROBLEM RIGHT NOW. BUT MAYBE IN THE FUTURE WE WANT TO BUILD OUR COMMUNITY CORRECT AND BUILD THOSE RELATIONSHIPS BETWEEN NOW AND AND IT'S SUPPOSED TO START ON JUNE 9TH.
YES. JUNE 9TH. OKAY. BETWEEN NOW AND THE DATE THAT WE HAVE SET UP, WHERE WE'RE GOING TO HAVE THIS SECOND PRESENTATION OR MEETING, THEN MAYBE THERE AT THAT POINT, WE CAN TALK TO THEM AND TRY TO ENCOURAGE THEM TO. TO DO WHAT? YEAH. YEAH, WE COULD CAN DO THAT.
WE CAN TALK TO THEM. DAVID IS ASKING.
YEAH. OKAY. I'LL MAKE THE MOTION TO APPROVE.
ALL IN FAVOR SIGNIFY BY SAYING AYE.
RAISE YOUR RIGHT HAND. ALL OPPOSED? MOTION PASSES. NEXT ITEM IS ITEM FIVE D DISCUSSING.
CONSIDER APPROVAL OF SPONSORSHIP FOR TEXAS ECONOMIC DEVELOPMENT CORPORATION.
CAN YOU TALK A LITTLE BIT ABOUT THIS? SURE.
SO TEXAS ECONOMIC DEVELOPMENT CORPORATION, NOT TO BE CONFUSED WITH TEXAS ECONOMIC
[D. Discuss and Consider approval of a Sponsorship for Texas Economic Development Corporation (TxEDC)]
DEVELOPMENT COUNCIL IS A NONPROFIT THAT WAS CREATED BY THE GOVERNOR'S OFFICE TO HELP PROMOTE THE STATE, AND IT IS ACTUALLY THE ONE NONPROFIT THAT ALLOWS FOR PRIVATE SECTOR ENTERPRISES TO BE MEMBERS OF THIS RECRUITMENT EFFORT TO RECRUIT COMPANIES FROM OUTSIDE OF TEXAS INTO TEXAS. AND SO THERE'S QUITE A BIT OF MEMBERSHIP.LONE STAR NATIONAL BANK IS ONE OF THE MEMBERS. DAVID IS ACTUALLY THROUGH MISSION.
ECONOMIC DEVELOPMENT, HAS BEEN VERY ACTIVE AND IS ON THE BOARD OF TEXAS EDC. AND THERE'S SOME OTHER LOCAL ORGANIZATIONS THAT ARE ALSO PART OF TEXAS EDC. SOME OF THEM ARE IN THE DEVELOPER AND EXECUTIVE LEVELS, WHICH IS THE 25 AND $50,000 MEMBERSHIPS FOR THOSE MEMBERSHIPS.
THERE'S QUITE A FEW MORE BENEFITS THAN THERE ARE FOR THE PIONEER AND PATRON AND ENTREPRENEUR LEVELS. THIS IS A PROGRAM THAT HAS BEEN AROUND FOR A FEW YEARS.
THEY HAVE RECENTLY STARTED BEING MORE AGGRESSIVE IN THEIR MARKETING, TRAVELING OVERSEAS, TRYING TO RECRUIT COMPANIES FROM OUTSIDE THE UNITED STATES, EVEN. AND SO WHEN WE MET, I WENT TO THE RIO PLEX PRESENTATION IN HOUSTON ABOUT A MONTH AGO ON BEHALF OF THE MAYOR, BECAUSE HE WASN'T ABLE TO ATTEND I MET WITH THE EXECUTIVE DIRECTOR FOR TEXAS ECONOMIC DEVELOPMENT CORPORATION.
AND SHE ASKED IF WE WOULD CONSIDER BECOMING A MEMBER.
SO IT'S TECHNICALLY A SPONSORSHIP, BUT MORE THAN MORE THAN ANYTHING, IT'S A MEMBERSHIP INTO AN ORGANIZATION.
AND THERE ARE SOME BENEFITS TO THAT ORGANIZATION BASED ON YOUR YOUR LEVEL OF COMMITMENT, FINANCIAL COMMITMENT.
I'M MAKING A RECOMMENDATION JUST FOR THIS YEAR TO ENTER INTO THE PIONEER LEVEL, WHICH IS THE LOWEST LEVEL AT $3,000 PER YEAR.
[00:15:02]
AT THAT LEVEL, WE GET INVITED TO INVESTOR EVENT.THEY CALL US INVESTORS INVESTOR EVENTS.
WE GET INVITED TO PARTICIPATE IN SOME OF THE TRADE MISSIONS THAT THEY HAVE ALONG WITH THE GOVERNOR'S OFFICE. WE GET NEWSLETTERS, WE GET A LINK ON THEIR WEBSITE AS WELL.
AND THEN JUST GET ALSO ACCESS TO A LOT OF DIFFERENT SITE SELECTORS AS WELL.
IT'S A LITTLE BIT DIFFERENT THAN WHAT TEXAS ECONOMIC DEVELOPMENT COUNCIL OFFERS TO TEAM TEXAS IN TERMS OF THE WAY THEY APPROACH THE MARKETING OF THE STATE.
AGAIN, IT'S THE GOVERNOR'S OFFICE THAT IS KIND OF DRIVING THIS THIS ORGANIZATION, WHEREAS TEAM TEXAS IS MORE OF THE EDC'S THROUGHOUT THE STATE.
IT'S JUST ANOTHER AVENUE FOR US TO TO MARKET AND GET OUT THERE IN FRONT OF OTHER FOLKS.
AND AT THE $3,000 LEVEL, WE CAN ANALYZE THAT FOR A YEAR AND THEN SEE WHETHER OR NOT IT MAKES SENSE TO EITHER NOT DO IT AGAIN OR TO STEP IT UP.
MCALLEN IS THE ONLY CITY DOING IT NOW, RIGHT? MCALLEN IS DOING IT. COSEP IS DOING IT AT A AT A $50,000 LEVEL, I BELIEVE. AND THERE'S SOME OTHER COMMUNITIES THAT ARE LOOKING AT DOING IT AS WELL.
I THINK MISSION PARTICIPATES IN IN THIS ONE AS WELL.
LET ME ASK YOU, IS AS FAR AS LIKE MISSION MCALLEN, DO YOU HAVE THEY SEEN ANY ROI ON THEIR SPONSORSHIP OR NOT? I MEAN, I BET YOU KNOW OF I DON'T KNOW BECAUSE I WONDER IF IT'S ACTUAL ROI, IF IT'S JUST KIND OF LIKE A LITTLE FRATERNITY THAT JUST KIND OF GO TO EVENTS AND STUFF LIKE THAT. WELL, I MEAN, THE MISSIONS ARE PRETTY INTENSIVE AS FAR AS WHERE THEY GO.
THEY SPENT SEVERAL WEEKS IN ASIA LAST YEAR.
THIS PAST YEAR THEY'RE ALSO LOOKING AT ATTENDING A BIG TRADE SHOW IN GERMANY.
AND SO WHEN THEY GO, THEY GO, THEY GO BIG.
AND THEY'RE ALSO PARTICIPATING IN THE BIO CONFERENCE THAT WE TALKED ABOUT IN THE PAST ALONG WITH TEXAS ECONOMIC DEVELOPMENT COUNCILS TEAM TEXAS AS WELL.
OKAY. CAN I GET A MOTION TO APPROVE? SO MOVED. SECOND. OKAY.
WE HAVE A MOTION. AND A SECOND.
ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE OR RAISE YOUR RIGHT HAND.
NEXT ITEM IS FIVE E EXECUTIVE DIRECTOR UPDATES.
CAN YOU PROVIDE US AN UPDATE? YEAH. ONE OF THE FIRST THINGS I WANT TO TELL, KIND OF REMIND EVERYONE, IS WE HAVE A PROCLAMATION FOR THE ECONOMIC DEVELOPMENT WEEK COMING UP TOMORROW AT CITY
[E. Executive Director Updates]
COUNCIL MEETING. THAT'S AT 6:00.SO IF YOU ALL CAN ATTEND, THAT'D BE GREAT.
THAT ASIDE, OF COURSE, WE'RE IN THE MIDDLE OF THE TEXAS LEGISLATIVE SESSION. THERE'S A LOT OF BILLS THAT ARE GOING IN AND OUT THROUGH THAT LEGISLATIVE SESSION. NOT ALL OF THEM WILL MAKE IT THROUGH, BUT SOME OF THEM DO IMPACT OUR PRACTICE OF ECONOMIC DEVELOPMENT.
SO I HAVE INCLUDED A LOT OF INFORMATION ON SOME OF THOSE BILLS THAT WE'RE TRACKING AS WELL AS SOME OF THE ONES THAT ARE IMPORTANT FOR US IN TERMS OF TRANSPORTATION WITH THE ALLIANCE FOR I-69. AND THEN THE RIO GRANDE VALLEY PARTNERSHIP IS ALSO ENDORSING AND TRYING TO ADVOCATE FOR SOME OF THESE BILLS THAT ARE GOING THROUGH THE THE PROCESS OF BEING PUSHED OUT AND CONSIDERED ONE OF THEM.
THAT IS KIND OF OF INTEREST FOR US.
THAT IS ONE THAT IS LISTED AS HOUSE BILL 137.
THAT HAS TO DO WITH OVERWEIGHT CORRIDORS.
REALLY, IT'S CONNECTING THE OVERWEIGHT CORRIDORS IN HIDALGO COUNTY TO THE ONES IN CAMERON COUNTY. BUT WHY IS THAT IMPORTANT TO EDINBURG? AT THIS POINT, EDINBURG DOES NOT HAVE ANY OVERWEIGHT CORRIDORS COMING ALL THE WAY UP TO TO US. AND THAT'S A DISADVANTAGE FOR US IN TERMS OF YOU KNOW, RECRUITMENT OF COMPANIES THAT ARE TRYING TO BRING IN PRODUCTS FROM MEXICO ON MEXICAN TRUCKS AND THEN TRANSFERRING THEM OVER INTO WAREHOUSES IN THE FUTURE.
OUR EFFORTS SHOULD BE TO TRY TO EXTEND THOSE OVERWEIGHT CORRIDORS TO TRY TO MAKE SURE THAT WE STAY COMPETITIVE BECAUSE ONCE THEY'RE ALL CONNECTED THROUGHOUT THE REGION, FROM BROWNSVILLE TO MISSION, BASICALLY WE'RE GOING TO BE AT A DISADVANTAGE IF WE DON'T GET THOSE OVERWEIGHT CORRIDORS DESIGNATED.
WHAT IS THE TIMELINE ON THOSE CORRIDORS? WHAT DO YOU THINK? WELL, FOR FOR US, IT WOULD TAKE THE APPROVAL OF, FIRST OF ALL, THE RMA.
THE RMA HAS THE IN HIDALGO COUNTY HAS THE AUTHORITY TO DESIGNATE STATE ROADS AS OVERWEIGHT CORRIDORS. BUT THEN THE COMMUNITIES THAT THOSE OVERWEIGHT CORRIDORS TRAVEL THROUGH TO GET TO US WOULD ALSO NEED TO SIGN OFF ON IT.
SO FOR EXAMPLE, IF WE HAD OVERWEIGHT CORRIDOR GOING THROUGH SAN JUAN AND THEN COMING TO, LET'S ASSUME RAUL LONGORIA ROAD, THAT WOULD HAVE TO BE APPROVED BY SAN JUAN AS
[00:20:02]
WELL AS, OF COURSE, THE CITY COUNCIL HERE IN EDINBURG.SO WE JUST NEED TO COORDINATE THAT WITH THEM.
AND THIS IS, LIKE I SAID, ONE OF THE ONES THAT WE'RE WATCHING BECAUSE IT IS IMPERATIVE FOR US TO MAKE SURE THAT WE STAY COMPETITIVE IN, IN THAT SECTOR SOME OTHER BILLS THAT ARE INTERESTING AND PROBABLY MORE INTERESTING FOR THE CITY THAN IT IS FOR US, IS HAVING TO DO WITH ZONING REQUIREMENTS AND RESTRICTIONS AND WHAT THE CITY CAN AND CANNOT DO.
THERE'S A BILL THAT IS ACTUALLY IN OUR OWN STATE REPS.
COMMITTEE RIGHT NOW, THE CALENDAR COMMITTEE, AND TERRY CANALES IS COMMITTEE RELATED TO AUTOMATIC APPROVAL FOR MULTIFAMILY OR RESIDENTIAL MULTIFAMILY TO AUTOMATICALLY BE ALLOWED IN INDUSTRIAL AREAS.
THAT'S A BAD BILL. AND SO IN SOME OF THESE, YOU'LL SEE GREEN LETTERING AND RED LETTERING.
THE GREEN LETTERING IS WHAT THE TEXAS ECONOMIC DEVELOPMENT COUNCIL IS SUPPORTING.
THE RED LETTERING IS BILLS THAT THEY ARE NOT SUPPORTING.
SO AS YOU GO THROUGH IT IN THE PROCESS, THERE'S QUITE A FEW THAT ARE IN RED AS WELL.
BECAUSE SOME OF THEM ACTUALLY KIND OF HINDER OUR DEVELOPMENT PROCESSES.
ASIDE FROM THAT, THERE'S A TEAM TEXAS UPDATE.
JUST BASICALLY TALKS A LITTLE BIT ABOUT WHAT TEXAS IS ALL ABOUT.
I SERVED ON THE TEAM TEXAS ADVISORY COUNCIL FOR SIX YEARS, AND I'M ALREADY OFF OF THAT.
BUT THE PLAYBOOK FOR 2025 INCLUDES A LIST OF CALENDAR OF EVENTS THAT WE ARE GOING TO PARTICIPATE IN. SOME OF THOSE ARE IN CONJUNCTION WITH TEXAS ECONOMIC DEVELOPMENT CORPORATION. OTHERS ARE TEAM TEXAS ON ITS OWN.
AND SO THOSE ARE SOME WAYS THAT WE'RE GOING TO BE OUT THERE TRYING TO RECRUIT COMPANIES FROM OUTSIDE THE AREA.
THE RIO PLEX. I, I'VE ALREADY TALKED ABOUT THE THAT FOREIGN DIRECT INVESTMENT SUMMIT THAT WAS HELD IN HOUSTON BACK ON APRIL 9TH AND 10TH.
AND THEN I DO WANT TO URGE YOU ALL, IF YOU HAVEN'T BEEN TO A SALES TAX WORKSHOP, THERE'S ONE COMING UP HERE IN EDINBURG THAT WE ARE HOSTING IN SEPTEMBER.
AND THERE'S SOME OTHERS IN YOUR PACKET ALSO WITH THE DATES IF YOU WANT TO.
CAN'T MAKE THE SEPTEMBER DATE, BUT MIGHT BE ABLE TO MAKE ONE OF THE OTHER ONES. WE'LL BE GLAD TO HELP YOU COORDINATE THAT TRAVEL.
THAT'S IT FOR MY UPDATE. THAT'S IT. OKAY.
AND THERE'S NO ACTION ON THIS ITEM, SO NO VOTE IS NECESSARY.
ARE THERE ANY IN HERE THAT ARE GREEN THAT FOR US THEY SHOULD BE READ? NOT REALLY. MOST OF THEM ARE FAIRLY NEUTRAL TO EDCS.
OKAY. JUST WONDERING BECAUSE IF NOT, WE NEED TO LET OUR DELEGATION KNOW WHICH ONES ARE PROBLEMATIC FOR US.
AND I WANT TO TAKE THIS A MOMENT TO CONGRATULATE OUR STAFF AND OUR DIRECTOR FOR OUR AWARD WINNING PHILIP PROGRAM.
OH, YEAH. HOW ABOUT THAT? GREAT JOB. RIGHT. SO BUSINESS FACILITIES, ACTUALLY AND THERE WAS AN APPLICATION PROCESS THAT BOTH LETTY AND JACKIE TOOK PART IN, AND THEY'VE SENT SOME OTHER APPLICATIONS IN, BUT WE'LL KEEP THAT UNDER WRAPS FOR NOW.
FOR SOME OF OUR OTHER PROGRAMS AS WELL.
BUT THIS IS ONE THAT WE'RE HAPPY TO HAVE GOTTEN THAT RECOGNITION.
IT BASICALLY SHOWS THAT NOT ONLY ARE WE WORKING ON TRYING TO BRING THE BIG COMPANIES IN, WE'RE ALSO WORKING TO ENCOURAGE OUR SMALL BUSINESS DEVELOPMENT PROCESSES TO CONTINUE.
AWESOME. WELL, I'VE NOTICED THAT THERE'S OTHER CITIES THAT ARE NOW REPLICATING THAT.
YEAH. YEAH. AND I KNOW HARLINGEN DID THAT BECAUSE OF THE FLOODING THEY HAD.
SO THEN THEY GAVE AWAY GRANTS TO BUSINESSES TO HELP THEM BASICALLY CLEAN UP AND, AND ESTHETICALLY LOOK BETTER AFTER THE FLOODING.
BUT I THINK A LOT OF THE CITIES HAVE HAVE COPIED PHILIP.
SO CONGRATULATIONS TO YOU GUYS.
YEAH. AND NOT ONLY BECAUSE IT'S CINCO DE MAYO, BUT YOU ALL DESERVE A MARGARITA, RIGHT? OKAY NEXT ITEM IS EXECUTIVE SESSION.
WE HAVE SEVERAL PROJECTS. EXECUTIVE SESSION. SO CAN I GET A MOTION TO ENTER? EXECUTIVE SESSION. SO MOVED. IS THERE A SECOND? SECOND? ALL THOSE IN FAVOR SIGNIFY ALL THOSE OPPOSED.
[6. EXECUTIVE SESSION]
MOTION PASSES. PASSAGE. WE ARE ENTERING EXECUTIVE SESSION AT 5:53 P.M..[03:13:36]
THAT'S AWESOME. I NEED TO TRY SOMETHING. YES,[03:13:40]
BUT I'VE BEEN SAYING TO HIM. I'M JUST SO AWESOME.[03:13:44]
YOU'RE AWESOME. YEAH. WE'RE BACK, WE'RE BACK.[03:13:49]
WE'RE. WE'RE READY. OKAY.[03:13:52]
IT IS 8:43 P.M.. WE ARE ENTERING INTO OPEN SESSION.[03:14:00]
I NEED A MOTION TO PROCEED.[03:14:01]
AS DISCUSSED IN EXECUTIVE SESSION ON ITEM SIX,[03:14:04]
2681683684686 AND 687.[03:14:10]
SO MOVED. SECOND MOTION TO APPROVE.[03:14:14]
SECOND. MOTION PASSES.[03:14:16]
SIGNIFY BY RAISING YOUR RIGHT HAND.[03:14:19]
ALL IN FAVOR? OPPOSED.[2. Retail Strategies / ICSC]
[3. Office Space]
[03:14:21]
MOTION CARRIES. OKAY, NOW MOVING ON TO.[.4 Food Truck Park]
[6. Nicho Produce]
[.7 BPS]
[03:14:26]
I NEED A MOTION TO PROCEED ON HIRING PROJECT MANAGERS DISCUSSED IN EXECUTIVE SESSION.[03:14:34]
MAKE A MOTION TO APPROVE.[03:14:36]
I'LL SECOND THAT. WE HAVE A MOTION TO APPROVE.[03:14:39]
AND WE HAVE A SECOND. ALL THOSE SIGNIFY BY RAISING YOUR RIGHT HAND.[03:14:44]
ALL THOSE OPPOSED? MOTION CARRIES.[Project Manager. (§551.074 Personnel Matters and $551.071. Consultation with Attorney; Closed Meeting)]
[03:14:48]
HEARING THAT THERE'S NO MOTION, WE WILL PROCEED TO ITEM EIGHT.[03:14:55]
SO, IF I MAY THE NEXT ITEM TO BE CALLED WILL BE ITEM SIX A OR 62.[03:15:03]
AND THEN YOU'LL ASK FOR ANY MOTION ON THAT.[03:15:05]
62. OKAY. WE SEE WHERE WE'RE AT.[03:15:10]
62. OKAY. ALL RIGHT. THE DISCUSSION OF DUTIES,[03:15:13]
RESPONSIBILITIES, REMUNERATION, POSSIBLE ACTION TO AMEND FINANCIAL TERMS AND[03:15:17]
OTHER TERMS OF EXECUTIVE DIRECTOR CONTRACT.[03:15:21]
THERE'S NO MOTION. THERE'S NO ACTION WITH NO MOTION,[03:15:24]
THERE WOULD BE NO ACTION.[03:15:25]
OKAY. SO THEN. OKAY. WELL, THEN I NEED A MOTION TO ADJOURN.[03:15:31]
SO MOVED. SECOND. I HAVE A MOTION TO ADJOURN.[03:15:34]
FIRST AND SECOND. ALL THOSE IN FAVOR, PLEASE SIGNIFY BY RAISING YOUR RIGHT HAND.[03:15:39]
SAY AYE. ALL THOSE OPPOSED?[03:15:41]
OKAY. WE ARE ADJOURNED AT 8:45 P.M..* This transcript was compiled from uncorrected Closed Captioning.