HomeMy WebLinkAbout2025-05-12 EDC MinutesEULESS DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
MINUTES
May 12,2025
The Board of Directors of the Euless Development Corporation met on Monday, May 12,
2025, in the Precouncil Conference Room at City Hall in the Municipal Complex, 201 North
Ector Drive, Euless, Texas.
The following persons were in attendance:
Mayor Linda Martin, Chairman
Council Member Tim Stinneford
Council Member Jeremy Tompkins
Council Member Eddie Price
Citizen Member David Brown
Citizen Member Carmen Miller
City Manager Chris Barker, President
Assistant City Manager Lawrence Bryant, First Vice President
Director of Planning and Economic Development Michael Warrix, Second Vice President
Finance Director Janina Jewell, Treasurer
City Secretary / Chief Governance Officer Kim Sutter, Board Secretary
Assistant City Manager Steven Viera
Library Director Sherry Knight
Director of Parks and Community Services Duane Strawn
Assistant Director of Planning and Economic Development Lisa Payne
Absent:
Citizen Member Peter Jones
ITEM NO.2
Director Stinneford motioned to approve the minutes of the February 24,2025 meeting.
Seconded by Director Price, the motion carried by a unanimous vote.
ITEM NO,3 REVIEWED FINANCIAL REPORT FOR THE QUARTER ENDING
MARCH 31,2025
Treasurer Janina Jewell reviewed the Financial Report for the quarter ending March 31,
2025, and stated that sales tax collections through the end of March were $3,930,780,
which represents approximately 54 percent of budget. She added that operating and
capital expenditures were within budget at $6,330,2"14 or approximately 53 percent of
appropriations, and includes year to date capital expenditures of $3,740,560.
The operating fund ending balance as of March 31,2025, is $4,996,132
ITEM NO. 1. CALL TO ORDER
Chairman Martin called the meeting to order at 5:35 p.m.
APPROVED MINUTES OF FEBRUARY 24,2025
EDC Meeting Minutes Page 2 of 3 May 12, 2025
The remaining balance in the capital projects fund for projects not yet completed is
92,829,945. The designated balance includes funding for the Texas Star Sports Complex
Phase Vli, miscellaneous park improvements, irrigation projects, Wilshire Park
improvements, Blessing Branch Park improvements, Parks at Texas Star South
lmprovements, playground shade structures, incentives and contingencies.
Treasurer Jewell reviewed the balances of the foll funds:
*amount required by covenant is $401,075
ITEM NO. 4 CLOSED SESSION
The EDC convened into closed session at 5:40 p.m. to deliberate the purchase,
exchange, lease or value of real property as authorized by Section 551.072 related to
1'100 Westpark Way, 331 N. tMain Streel;411 N. tt/ain Street, 607-715 West Euless
Boulevard.
The meeting was reconvened into open session at 6:17 p.m
ITEM NO.5 REVIEW AND DISCUSSION RELATED TO EULESS
DEVELOPMENT CORPORATION REAL PROPERTIES
This item was not discussed and no action was taken
ITEM NO.6 HEARD REPORTS ON CURRENT AND UPCOMING PROJECTS
BalanceFund
Available for allocation to future
projects.
$3,366,824Undesignated Capital Projects Fund
$148,392Debt Service Fund *$401J25Debt Reserve Fund
Director of Parks and Community Services Duane Strawn presented the Parks update,
including the Parks, Recreation, and Open Space l/aster Plan adoption; construction of a
new restroom facility; the redesign of the space where the batting cages were previously
Iocated; Parks at Texas Star South synthetic turf installation; addition of playground shade
structures; updated Christmas tree and decorations for use at the City Hall campus and the
recreation center, the aquatics park and Heritage Park; and the addition of new software.
Library Director Sherry Knight presented the Library update, including a schedule of
upcoming events;- HEB Reads! Kick-off Event, Saturday, ltllay 17 , 2025, 10 a.m. to 1 p.m., Pennington
Field- Cliburn in the Community, Sunday, May 18,2025, 12:30 to 2 p.m. Mary Lib Saleh
Euless Public Library.
Additionally, she reported that the library is partnering with the Animal Shelter to assist with
outreach to the community, Thursday, [t/ay 15, 2025, and announced the addition of the
EDC Meeting Minutes Page 3 of 3 May 12' 2025
new Bookworm Vending Machine made possible through the generous support of Atmos
Energy.
Planning and Economic Development Director Michael Warrix presented an economic
development update and advised of the addition of cavender's at the former Bed Bath &
Beyond location at Vineyard Village. Additionally, he announced that he will be retiring
effective May 30, 2025, and Assistant Planning and Economib Development Director Lisa
Payne will serve as the lnterim Director.
ITEM NO.8 ADJOURNED
There being no further business before the Board, the meeting was adjourned at 6:37 p m.
APPROVED:ATTEST:
L n
Chairman,
Sutter
cretary s