Buda Economic Development Corporation - Regular Meeting

CALL TO ORDER

President Jim Niemie calls the meeting to order.

ROLL CALL

Board Members President Jim Niemie Vice President Megan Brown Secretary/Treasurer Betsy Urban Board Director Julia Davis Board Director Christie Pogue Board Director Matt Smith Board Director Evan Ture Buda EDC Staff/Attorney Chief Executive Officer (CEO) Jennifer Storm Operations Director Shannon Cameron Assistant Director Recruitment & Development Brian Dryer Assistant Director Small Business Initiatives Jacqueline Martinez Assistant Director Marketing & Communications John Costilla Attorney Josh Brockman Weber

PUBLIC COMMENT/PUBLIC TESTIMONY

Members of the public who wish to participate in Public Comment or offer Public Testimony must complete a sign-in form and turn it into the Chief Executive Officer before the period provided for Public Comment and Public Testimony is called for consideration by the presiding officer.

Financial incentives for Project KickFlip not to exceed a total amount of Fifty-Eight Thousand Five Hundred Seventy and no/100 Dollars (\(58,570) in exchange for economic development obligations to the EDC.

Financial expenditures not to exceed \(96,000.00 in support of the SouthBound Music Series to promote new or expanded business development in Buda.

Expenditures and a budget amendment in an amount not to exceed additional expenditures of Seven Hundred Fifteen Thousand and No/100 Dollars (\(715,000.00), related to Project Caboose/Train Depot and concrete work.

Expenditures and a budget amendment in an amount not to exceed additional expenditures of Four Hundred Thousand and No/100 Dollars (\(400,000.00), related to Project Stapler 1750 RM 967, Buda TX.

CEO Report on operations and activities;

Quarterly Staff Report on recruitment and development activities;

Staff Report on small business initiatives and business retention and expansion (BRE) activities;

Staff Report on marketing activities.

Approval of the June 2026 and July 2026 Financial Reports.

Approval of the June 2026 and July 2026 Meeder Investment Reports.

Approval of the July 13, 2026 Regular Board Meeting Minutes.

Presentation, discussion and possible action to approve the program guidelines for The Depot on Main.

Discussion and possible action to approve a Memorandum of Understanding for Administration and Professional Services for fiscal year 2026-2027 between the City of Buda 4B Corporation and the City of Buda, Texas.

Discussion and possible action to approve a Third Amendment to the Facility Use Agreement for fiscal year 2026-2027 between the City of Buda 4B Corporation and the City of Buda, Texas.

Discussion and possible action to approve financial expenditures not to exceed $96,000.00 in support of the SouthBound Music Series to promote new or expanded business development in Buda and to authorize the Board President to execute related agreements.

Discussion and possible action to authorize the Board President to amend the agreement with Logic Builders for additional site improvements and building renovation, not to exceed additional expenditures of Six Hundred Ninety-Five Thousand and No/100 Dollars ($695,000.00), related to Project Caboose/Train Depot and concrete work and related budget amendment.

Discussion and possible action to authorize an amendment to the agreement with Logic Builders for additional site improvements and building renovation expenses, not to exceed additional expenditures of Four Hundred Thousand and No/100 Dollars ($400,000.00) related to Project Stapler 1750 FM 967, Buda, Texas, authorize the Board President to sign all necessary agreements, and related budget amendment.

Gov't Code Sec. 551.087 and Sec. 551.071 - Economic Development Negotiations and Consultation with attorney regarding performance agreement obligations:

- Project KickFlip

Gov't Code Sec. 551.071- Consultation with the EDC attorney regarding rights and obligations of the EDC under performance agreements with the following businesses:

- Hair Haus - Triple Elevation Custom Creations - Modern Era Threads - Tipico dba Esther's Tex Mex - Recreational sports complex with the City of Buda

Gov't Code Sec. 551.074 - Chief Executive Officer annual performance review.

Discussion and possible action to approve