CITY OF FULSHEARDEVELOPMENT CORPORATION

A Type "A" Economic Development Sales Tax Corporation

PO Box 279 29255 FM 1093 #12B • Fulshear, Texas 77441 • (281) 346-1796 www.fulsheartexas.gov

Annual Meeting MinutesJuly 19, 2021

5:30 PM

Mark DeRouen,Rev. Jackie Gilmore,Tommy Kuykendall,Stacy Mangum,Andrew Van Chau

Board Members Present:

Board Members Absent:Staff & City Council Liaison: Jack Harper,Chandler Marks, Zach Goodlander, Byron Brown

(Legal Counsel), John Kelly (Council Liaison)Gary Mitchell, Kaye KahlichAttendees:

1. Call to Order

There being a quorum,Andrew Van Chau called the meeting to order at 5:31 p.m.

2. Public Comments

None

3. Presentation by Kendig Keast Collaborative and discussion regarding the City of FulshearComprehensive Plan

Mr. Van Chau introduced Mr. Gary Mitchell of Kendig Keast Collaborative. Mr. Mitchellpresented on the status of the Comprehensive Plan project, including the place ofeconomic development within that plan.

4. Discussion regarding holiday decorating services

Mr. Kuykendall expressed interest in the boards possibly getting quotes for holidaydecorating services, and gathering the board's direction on pursuing services. CityManager said that he would clarify with appropriate City staff about what has typicallybeen spent on decorations. Ms. Martin (Liaison and Director, FDC - "B") commented thatFulshear is becoming large enough to possibly justify using a "one-stop shop" for design,installation and storage; if the community were to go in that direction in the future, thenthere may not be value in spending a lot of money on items that the City would store.

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5. Discussion regarding economic development director position transition

City Manager provided that the position was posted on the City's website and the TexasMunicipal League's website that day, and will be posted on the website of the TexasEconomic Development Council. The position is open until filled,with the first reviewscheduled for August 23. The interview panel is expected to consist of himself, the mayor,the Director of Human Resources,and one representative from each CDC and FDC. In theinterim,the search is underway for two interim consultants: one to serve as interimdirector, and the other with a focus on continued implementation of the EconomicDevelopment Strategic Plan.

6. Discussion regarding economic development website and branding

Mr. Kuykendall noted that it would be sensible to undergo economic development websitedevelopment and branding, separate from the City's website redevelopment project. CityManager noted that that sensibility is in line with what the City's expectations are. Mr.Kelly (Liaison,CDC- "A" and Director, FDC - "B") believes that a quality website could bedone within the $20,000 range.

7. Consideration and possible action regarding memberships with regional partnerorganizations

The boards are to split the cost of trustee membership with WCEDP.

Motion to join the Waller County Economic Development Partnership at the trusteemembership level - DeRouen;Second- MangumAyes: 5 Nays: 0 Abstentions: 0

Motion to nominate Andrew Van Chau to serve as representative- Mangum;Second-

DeRouenAyes: 5 Nays: 0 Abstentions: 0

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8. Consideration of and action on Fiscal Year 2021-2022 Corporation Budgets

ED Staff provided an overview of the proposed budget.

Ms. Stacy (FDC - "B") noted that while there is an indemnity line for insurance, there is nolisting of professional liability for board members.City Manager answered that such iscovered under the City's existing overall liability policy. Legal Counsel noted that it is alsocovered by legal obligation under city charter. Ms. Stacy followed up, noting that ifcoverage is determined to be insufficient or nonexistent, this should be explored as anagenda item in the future as a possible budget amendment.

Mr. Van Chau asked about whether subsequent funding came out of the FY 2020 budgetregarding small business grants; ED Staff noted that any funding that was issued for thosegrants was from economic development sales tax dollars and not funding sources.

Mr. Kuykendall inquired,with regard to holiday decorations, about whether a budgetamendment would need to be done when it comes time to fund a project. City Managerresponded, noting that the City and EDC can address this with a budget amendment;amendments are typically done quarterly.

Mr. Kuykendall noted one line item that he is involved with, the Wallis Street project. Fieasked to recuse himself from voting on this item; Legal Counsel advised that he do so.

Motion to approve the FY21-22 Corporation Budgets- Mangum;Second- GilmoreAyes: 4 Nays: 0 Abstentions: 0

9. Consideration of and action on Fiscal Year 2021-2022 Administrative Services Agreementby and between the Corporation and the City of Fulshear

ED Staff provided an overview of the proposed Administrative Services Agreement.

Motion to approve the FY21-22 Administrative Service Agreement for the "A" board-

Mangum;Second- GilmoreAyes: 5 Nays: 0 Abstentions: 0

10. Consideration of and possible action on Resolution CDC 2021-04, a resolution of the CDCdeclaring projects of the Corporation for Fiscal Year 2021-2022, directing staff to publishnotice of same, and setting a public hearing

Motion to approve Resolution CDC 2021-04- Mangum;Second- GilmoreAyes: 5 Nays: 0 Abstentions: 0

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11. Consideration and action on financials and payables for the Corporation for the periodending May 31, 2021

ED Staff provided an overview of the financials and payables.

Motion to approve financials and payables as presented for $15,327.10- DeRouen;Second- MangumAyes: 5 Nays: 0 Abstentions: 0

12. Consideration and action on minutes of the Corporation for the June 21, 2021 meeting

Mr. Van Chau put forth an amendment for signature page to reflect his name as president.

Motion to approve the minutes as amended- Gilmore;Second- MangumAyes: 5 Nays: 0 Abstentions: 0

13. Hear update from City Council liaisons

Mr. Kelly and Ms. Martin first talked about the June 15;during the special session,CityCouncil talked about the City's new compensation plans,which entailed redoing salarybands. Ms. Martin also noted that there are now two salary schedules: City and Police, andthat about 4% of current roles are in immediate need of salary adjustment; this year'sfocus will be capital items.

Mr.Kelly talked about Wednesday, July 21 being the last day for citizens to apply for thevacancy for council district #1;applicants will come before the council for a question andanswer session with the mayor. CIP expenditures for Fiscal Year 2021-22 and the new cityhall and police department layouts were also reviewed. Furthermore,council hasapproved a new development agreement for Cross Creek West,which includes someability to regulate design elements and lot sizes within the neighborhood. The City alsohad to reimburse TxDOT roughly $2,000 as there were fire hydrants within the easementof FM 1463 that were pushed back.

14. Economic development report: Briefings or updates may be provided regarding City andEconomic Development projects and programs, certificates of occupancy, conferences,meetings and events, business contacts and announcements, economic indicators,administrative items, and legislative updates

ED Staff provided an overview.

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15. Future agenda items

Mr. Van Chau noted that the meeting today (being virtual) was due to a scheduling conflictwith the municipal court; a potential future item is to review date and venue options forfuture meetings. He also suggested that ED Staff inquire with Cross Creek;Ms. Stacysuggested River Bend Church.

16. Announcements

Mr. Van Chau announced the July 22 Fort Bend EDC meeting,noted that ground wasbroken for the new library, and that ground has been broken for another fire station nearCampbell Elementary.

17. Adjournment

Motion to adjourn @ 8:55 p.m. - Mangum; Second- GilmoreAyes: 5 Nays: 0 Abstentions: 0

Passed and approvedjfhis of August, 2021.

ATTEST:Stacy Ma

AnafewVan Chau, President

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