[00:00:38] BRIAN HAS. [00:07:12] I WISH. I. COULD. SAY. THAT. SO. THIS IS WHAT. WE SHOULD DO. NO. NO, NO. HE'S. RIGHT. YEAH. IT'S LIKE THREE. YEAH, IT'S A LITTLE BIT LIKE YOU'RE NOT DOING ANYTHING FOR ME HERE. GUYS. GOOD EVENING EVERYONE. IT'S NOW 533 AND I'D LIKE TO GET STARTED BY ASKING, ARE THERE TO DO ROLL CALL? GOOD AFTERNOON. AARON RIVERA, PRESENT. [CALL TO ORDER, ESTABLISH A QUORUM] RAUL RESENDEZ. DAVID SALAZAR. PRESENT. MARK MORAN. PRESENT. RICHARD GONZALEZ. SANDRA ALANIZ. PRESENT. VERONICA GONZALEZ IS NOT HERE. WE HAVE QUORUM, SIR. OKAY. WE HAVE QUORUM. I CALL THIS MEETING TO ORDER AND ASK THAT WE PLEASE DO THE PLEDGE OF ALLEGIANCE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA. [A. Pledge of Allegiance.] AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. ITEM TWO. CERTIFICATION OF PUBLIC NOTICE. THERE WAS A MEETING POSTED PROPERLY. YES, SIR. THE MEETING WAS POSTED ON JUNE 6TH, 2025 AT NOON, ACTUALLY. SO PROPERLY, ACCORDING TO PUBLIC MEETINGS. [2. CERTIFICATION OF PUBLIC NOTICE] [00:10:01] OPEN MEETINGS ACT. GREAT. THANKS. NOW WE'LL MOVE ON TO ITEM THREE. DISCLOSURE OF CONFLICT OF INTEREST. GOOD AFTERNOON. MEMBERS. UNDER TEXAS LAW, A CONFLICT OF INTEREST EXISTS WHEN A BOARD MEMBER OR CERTAIN MEMBERS OF THEIR FAMILY HAS A QUALIFYING FINANCIAL INTEREST. [3. DISCLOSURE OF CONFLICT OF INTEREST] IN A MATTER BEFORE THIS, BOARD MEMBERS WITH CONFLICTS SHOULD REFRAIN FROM BOTH DISCUSSION AND VOTING ON THAT PARTICULAR ITEM. ARE THERE ANY CONFLICTS TO DISCLOSE? NO, SIR. I'M GOING TO. I'M GOING TO HAVE TO RECUSE MYSELF ON ITEM TEN. CONVERSATION. DULY NOTED. AND THAT IS SIX A TEN. YES. OKAY. ITEM FOUR. PUBLIC. PUBLIC COMMENT. SAMANTHA, DO WE HAVE ANY PUBLIC COMMENTS? NO PUBLIC COMMENTS. OKAY. ITEM FIVE A MINISTER AND THE MINISTER OF THE BOARD PACKET. [4. PUBLIC COMMENTS] IT SHOULD HAVE BEEN READ. ARE THERE ANY CHANGES TO THE MINUTES? NO, SIR. IF NOT. OKAY. [A specific portion of the meeting shal be dedicated ot allowing Public Comments which wil be limitedto three (3) minutes. Please note that this public comment period si not interactive. The Edinburg EDC Board may not respond to public comments.] CAN I GET A MOTION TO APPROVE? SO MOVED. SECOND. SECOND. MOTION AND SECOND. ALL IN FAVOR, SIGNIFY BY SAYING AYE OR RAISE YOUR RIGHT HAND. ALL OPPOSED? MOTION PASSES. NEXT ITEM IS ITEM FIVE B REQUEST FROM EDINBURG CHAMBER OF COMMERCE TO SPONSOR TEXAS COOKHAM HIGH STAKES 2025. [5. AGENDA ITEMS] RONNIE, WELCOME. THIS AFTERNOON. RONNIE. [A. Consider and take action on approval of Minutes for the Special Board meeting held on May 5, 2025.] [B. Consider approval of request from Edinburg Chamber of Commerce to sponsor "Texas Cook'em High Steaks 2025."] RIGHT? YEAH. LET ME TRY IT. THIRD TIME'S A CHARM THIRD TIME'S THE CHARM. YOU CAN COME BACK NEXT TIME. NEXT WEEK. NEXT MEETING. I GOT IT. NOW WE CAN GO. ALL RIGHT. GOOD. GOOD EVENING. BOARD. THANK YOU ALL FOR HAVING HAVING ME TODAY. MY NAME IS RONNIE LARRALDE, EXECUTIVE DIRECTOR OF THE EDINBURGH CHAMBER OF COMMERCE AND THE EDINBURGH CVB, WHICH IS OUR EXPLORE EDINBURGH. I'M EXCITED TO BE HERE AGAIN TODAY ABOUT OUR POSSIBLE PARTNERSHIP WITH THE EDINBURGH EDINBURG EDC. YOU KNOW, THE EDINBURGH EDC HAS BEEN A GREAT PARTNER WITH THE CHAMBER AND OF COURSE THE CITY. AND THIS EVENT HAS BEEN ONE OF THE LONGEST STANDING EVENTS THAT WE'VE PARTNERED UP TOGETHER TO BRING SOMETHING TO DO DURING OUR SUMMER FOR OUR COMMUNITY ESPECIALLY ON 4TH OF JULY WEEKEND. SO, AS YOU KNOW, TEXAS COOKHAM IS FAST APPROACHING, AND THAT'S GOING TO TAKE PLACE ON JULY 4TH WHICH WILL BE FRIDAY. SO JULY 4TH AND IT'LL BE TAKING PLACE AT EBONY HILLS GOLF COURSE. IT'S A FREE EVENT FOR A COMMUNITY. AND OBVIOUSLY THE MISSION OF THE, THE EDINBURGH CHAMBER IS TO DRIVE COMMERCE, BUT ALSO PROVIDE QUALITY OF LIFE EVENTS FOR OUR BEAUTIFUL CITY. AS YOU KNOW, IT'S A BIG IT'S A BIG EVENT THAT TAKES A LOT OF MANPOWER, A LOT OF DOLLARS BEHIND IT AS WELL. SO THE PARTNERSHIPS STRETCH, YOU KNOW, AS FAR AS, YOU KNOW, THE CITY, THE EDC, A LOT OF THE BUSINESS COMMUNITY COMES OUT TO SUPPORT THIS. SO, YOU KNOW, LAST YEAR WE HAD WE'RE, WE'RE WE'RE HOPING FOR A HOT SUNNY DAY. LAST YEAR WE HAD THAT HURRICANE APPROACHING TOWARDS THE, TOWARDS THE EVENT DAY. AND WE HAD TO RESCHEDULE. BUT WE'RE EXCITED TO HAVE THAT EVENT ON 4TH OF JULY RIGHT HERE AT EBONY HILLS GOLF COURSE. AS YOU CAN SEE THERE'S A LOT OF BUZZ POINTS THAT WE HAVE, YOU KNOW, THE NUMBER OF SPONSORS WHERE IT TAKES PLACE. YOU KNOW, THIS IS A GREAT PLACE. WE CALL IT LIKE A MINI ACL, WHERE A LOT OF OUR COMMUNITY, NOT ONLY EDINBURGH, BUT PEOPLE FROM THE VALLEY COME OUT TO, TO COOK, TO COMPETE, TO ENJOY MUSIC, FAMILY FREE ENTERTAINMENT AND TO ENJOY THE THE GOLF COURSE, WHICH IS A BEAUTIFUL GREEN SPACE RIGHT IN THE HEART OF OUR CITY. YOU KNOW, WE HAVE WE HAVE OVER ABOUT 8000 PEOPLE THAT HAVE ATTENDED IN YEARS PAST. OBVIOUSLY, LAST YEAR WAS A LITTLE BIT DIFFERENT. BUT, YOU KNOW, IT CONTINUES TO GROW. AND IT'S JUST A JOY TO SEE THE WHOLE COMMUNITY COME OUT AND WALK FROM ALL THE NEIGHBORHOODS TO PARTICIPATE. OBVIOUSLY, YOU KNOW, IT'S A BIG COOKING EVENT ONE OF THE BEST IN THE VALLEY AND RECOGNIZED IN THE STATE VERY UNIQUE. YOU KNOW, WE DO BARBECUE, BUT OBVIOUSLY THE STEAK IS A BIG PLAY. AND, AND THAT'S SOMETHING THAT DRAWS COOKS FROM ALL OVER THE REGION TO COME OUT AND COMPETE FOR A BIG BARBECUE PURSE. BUT THE BIGGEST THING IS BRAGGING RIGHTS. SO OBVIOUSLY YOU CAN OBVIOUSLY YOU CAN SEE THERE'S A LOT OF BUZZ POINTS, YOU KNOW, AND WE HAVE A LOT OF ENTERTAINMENT OUT THERE. [00:15:01] AND ONE OF THE OTHER THINGS THAT WE'VE ADDED THROUGH THE YEARS THROUGH PARTNERSHIPS IS WE'RE ABLE TO TIE THIS TOGETHER, OF COURSE, WITH THE WITH FREEDOM AND 4TH OF JULY, AND WE'RE ABLE TO OFFER SOME SCHOLARSHIPS TO UTRGV VETERANS TO KIND OF EXTEND A LITTLE BIT FURTHER INTO THE, THE COMMUNITY AND, AND TO HELP OUT. SO AS, AS YOU CAN SEE, WE'RE ADVERTISING EVERYWHERE PRINT, ONLINE, RADIO, TV, SOCIAL MEDIA, ADVERTISING YOU KNOW, TRADITIONAL FLIERS, POSTERS, BILLBOARDS SO THE THE PACKET IS, IS HUGE AS FAR AS IT EXTENDS THROUGHOUT THE RIO GRANDE VALLEY AND ONLINE. THIS YEAR WE HAVE SOME GREAT TRIBUTE ENTERTAINMENT. LIKE I SAID, IT IS 4TH OF JULY. AND SO WE'RE HAPPY TO TO BRING BACK RED, WHICH IS A TAYLOR SWIFT TRIBUTE BAND. SHE WAS SUPPOSED TO PERFORM LAST YEAR, BUT WITH THE RESCHEDULE SHE COULDN'T MAKE THAT DATE. SO WE'RE BRINGING HER BACK TO TO KIND OF FULFILL THAT, YOU KNOW, VERY HUGE BUZZ POINT FOR THE EVENT. WE HAVE FOO FIGHTERS AS WELL THE TRIBUTE TO FOO FIGHTERS. AND WE HAVE THE ULTIMATE GARTH BROOKS TRIBUTE BAND LIVE. SO THERE'LL BE OUR HEADLINER. SO WE'RE PRETTY EXCITED TO SEE THAT IF Y'ALL HAVE SEEN GARTH. YOU KNOW, HERE'S A LITTLE FUN FACT OF THAT BAND. YOU KNOW, IT'S IT'S CONSIST OF A COUPLE OF PEOPLE FROM THE ORIGINAL BAND ONE INCLUDING A LOCAL FROM WESLACO WHO WHO'S ACTUALLY ON TRISHA YEARWOOD'S BAND. SO WE'RE PRETTY EXCITED TO HAVE THEM AND IT SHOULD BE A GREAT EVENT. AS YOU KNOW, WE'RE WE'RE RUN BY BOARD OF DIRECTORS. AS YOU KNOW, YOU GUYS ARE PART OF THE EDC AND REALLY WELL KNOWN AND SUPPORT THE CHAMBER. RUBEN DEJESUS, THE PRESIDENT OF THE BOARD, KELLY RIVERA, OUR IMMEDIATE PAST. AND NICK CANTU IS OUR PRESIDENT ELECT. WE'RE EXCITED TO SAY WE'RE TURNING 100 THIS OCTOBER. YOU KNOW, AND SO THERE'S A LOT OF A LOT OF PEOPLE HAVE COME THROUGH THOSE DOORS OF THE CHAMBER AND HELP, YOU KNOW, CREATE, YOU KNOW, THE CITY'S SUCCESS TODAY AND A LOT OF IT BEING OUR BUSINESS COMMUNITY, LIKE YOU ALL FOLKS THAT, THAT CONTINUE TO SUPPORT EDINBURG'S MISSION. SO THAT'S JUST A LITTLE BIT ABOUT OUR BACKGROUND. OBVIOUSLY, YOU ALL KNOW OUR STAFF. WE'RE A TEAM OF FIVE WITH A LOT OF VOLUNTEERS THAT COME OUT TO HELP SUPPORT THIS MISSION. AND, YOU KNOW, WE COULDN'T DO IT WITHOUT THE BUSINESS COMMUNITY AND OUR MEMBERS AND, OF COURSE, THE SUPPORT FROM OUR EDC AND THE CITY. SO, AS YOU KNOW, THIS IS TEXAS COOKHAM. A LITTLE VIDEO TO PLAY FOR YOU ALL. SO. IT SURE LOOKS FUN. RONNIE. I HAVE A QUESTION. YES, SIR. ONE VOLUNTEER TO TO JUMP OFF THAT PARACHUTE. OR CAN I GET ANY VOLUNTEERS ON THE BOARD? NO, WE CAN, WE CAN. YOU CAN VOLUNTEER GOPRO AND WE CAN HAVE A LIVE FEED FROM GOPRO. THANK YOU VERY MUCH FOR YOUR PRESENTATION. DOES ANYBODY HAVE ANY QUESTIONS? NO. DO WE HAVE A RECOMMENDATION FROM STAFF? STAFF RECOMMENDATION IS 20,000, AS WE DID LAST YEAR. OKAY. AWESOME. OKAY. CAN I GET A MOTION TO APPROVE? [00:20:03] MOTION. IS THERE A SECOND? WE HAVE A MOTION. AND A SECOND. ALL IN FAVOR, SIGNIFY BY SAYING AYE OR RAISE YOUR RIGHT HAND. ALL OPPOSED? MOTION PASSES. THANK YOU VERY MUCH. THANK YOU. THANK YOU ALL FOR YOUR CONTINUED SUPPORT. YES, SIR. OKAY. OKAY. NEXT ITEM IS ITEM FIVE. C PRESENTATION OF QUARTERLY INVESTMENT REPORT ENDING MARCH 31ST, 2025. CAN YOU GIVE US A LITTLE BIT OF UPDATE ON THIS? YES, SIR. THIS IS THE MARCH 31ST, 2025 INVESTMENT REPORT. [C. Presentation of Quarterly Investment Report ending March 31, 2025.] IT SHOWS THAT WE HAD AN OPENING BALANCE OF $9,392,613.40 IN OUR VARIOUS INVESTMENT FUNDS. OVER THAT THREE MONTH PERIOD, WE EARNED 101,408.87, BRINGING OUR ENDING BALANCE TO 9,494,022.27. THAT'S A WEIGHTED AVERAGE OR AVERAGE YIELD OF 4.36. AND THEN IN THE OTHER PAGE YOU HAVE A LITTLE DISTRIBUTION OF THOSE VARIOUS FUNDS. THAT JUST BASICALLY TELL YOU THE MARKET VALUE IS AT THAT NINE POINT ALMOST 9.5 MILLION. OKAY. DOES ANYBODY HAVE ANY QUESTIONS. THIS IS A PRESENTATION ITEM. SO THERE IS NO VOTE NECESSARY ON THIS. AND OKAY SO MOVING ON. WE HAVE NEXT ITEM IS EXECUTIVE SESSION. WE HAVE SEVERAL PROJECTS IN EXECUTIVE SESSION. SO I HAVE A MOTION INTO EXECUTIVE SESSION. SO MOVED. SECOND WE HAVE A MOTION AND A SECOND ALL THOSE IN FAVOR SIGNIFY OKAY. WE'RE GOING TO END EXECUTIVE SESSION AT 5:46 P.M.. [6. EXECUTIVE SESSION] [02:45:48] YOU STILL HAVE ALL YOUR HAIR. [02:45:50] YOU FEEL GOOD. IT'S STILL YOUNG. [02:45:52] OKAY. ARE WE READY? ARE WE READY? [02:45:58] YES, SIR. YOU'RE BACK ON. LOOKING FOR OPPORTUNITY RIGHT NOW. [02:46:02] READY? OKAY. IT IS 810. [02:46:06] WE ARE ENTERING INTO OPEN SESSION. [02:46:08] CAN I HAVE A MOTION TO ENTER INTO OPEN SESSION. [02:46:10] SO MOVE. FIRST AND SECOND. [02:46:12] SECOND. OKAY. WE'RE NOW IN OPEN SESSION. [02:46:16] FOR THE RECORD, THERE WAS NO ACTION TAKEN WHILE IN EXECUTIVE SESSION. OKAY, [02:46:21] CAN I CAN I HAVE A MOTION TO PROCEED? [02:46:24] MR.. MR. CHAIR? ON NUMBER SEVEN. [02:46:27] DO YOU HAVE STAFF REPORTS IN THE IN THE PACKET? [8. OPEN SESSION] [02:46:30] IN WRITTEN. SO WE'LL JUST KIND OF GLOSS OVER THAT. [02:46:32] YEAH. BECAUSE WE ALL HAVE THE STAFF REPORTS IN OUR PACKET, SO WE DON'T NEED UPDATES ON [02:46:36] THAT. THANK YOU. YES, SIR. [02:46:37] THANK YOU. OKAY. CAN I HAVE A MOTION TO PROCEED AS DISCUSSED IN EXECUTIVE SESSION ON [02:46:41] ITEMS 6816846856886896B16 C1. [02:46:51] SO MOVED SECOND. ALL THOSE IN FAVOR SAY AYE OR RAISE YOUR RIGHT HAND. [02:46:57] MOTION PASSES. OKAY. BEING THAT THERE IS NO MORE BUSINESS. [02:47:02] CAN I HAVE A MOTION TO ADJOURN? [02:47:04] SO MOVED. SECOND. MOTION AND A SECOND. [02:47:07] ALL IN FAVOR? ALL THOSE OPPOSED? [02:47:09] MEETING IS ADJOURNED. THANK YOU VERY MUCH. * This transcript was compiled from uncorrected Closed Captioning.