4A Wichita Falls Economic Development Notice - 06/06/2022 NOTICE OF MEETING
MEETING: Wichita Falls Economic Development Corporation (WFEDC)
DATE: June 6, 2022
TIME: 3:00 o'clock p.m.
LOCATION: City Council Chambers and/or Council Conference Room, Memorial
Auditorium building, 1300 Seventh Street, Wichita Falls, Texas
1. Call to order
2. Consent Agenda
a. Approval of Minutes (May 19, 2022)
b. Financial Report
3. Discussion and possible action related to Business Park land incentive for Opus
Development Company, L.L.C. and Land O'Lakes, Inc. retention and expansion project
4. Discussion and possible action related to a loan and other incentives for Winfield Solutions,
L.L.C. and Land O'Lakes, Inc. for retention and expansion project
5. Strategic Discussion
6. Executive Sessions
a. In accordance with TEXAS GOVERNMENT CODE § 551.087, to discuss or deliberate
the offer of a financial or other incentive, including modification to an existing agreement,
for a business prospect that the WFEDC seeks to have, locate, stay, or expand in or near
the territory of the City of Wichita Falls and with which the WFEDC is conducting
economic development negotiations for creation and retention of primary jobs (as defined
by TEX. LOCAL Gov'T. CODE §501.002) (including, but not limited to economic
development update, Opus Development Company, L.L.C., Land O'Lakes, Inc., and
Winfield Solutions, L.L.C.)
b. In accordance with TEXAS GOVERNMENT CODE § 551.072, to deliberate the
purchase, exchange,lease,or value of real property interests due to the fact that deliberation
in an open meeting would have a detrimental effect on the position of the City in
negotiations with a third party (including, but not limited to, the purchase and/or value of
land located in the Wichita Falls Business Park)
7. Adjourn.
Wheelchair or handicapped accessibility to the meeting is possible by using the designated parking spaces and ramp
located off the east parking lot on the Sixth Street entrance. Spanish language interpreters, interpreters for the deaf,
Braille copies,or any other special needs will be provided to any person requesting a special service with at least 24
hours'notice.
WFEDC Agenda 06/06/2022
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Certification
I certify that the above notice of meeting was posted on the bulletin board at Memorial Auditorium,
Wichita Falls, Texas, on the 3rd day of June, 2022, at 1:20 o'clock p.m.
City lerk
Every item on this agenda shall be considered a public hearing, and citizens may appear at the beginning of this
meeting and request to speak on any item. Regardless of the agenda heading under which any item is listed,any word
or phrase of any item listed on this agenda shall be considered a subject for consideration for purposes of the Texas
Open Meetings Act and other relevant law,and Board of Directors may deliberate and vote upon any such subject and
resolutions related thereto. Any word, phrase or other subject may be voted upon, regardless of any language of
limitation found in this agenda or any document referring to such action. Funding amounts may differ from the
amounts shown on this agenda. In addition to other items listed hereon, any item that has previously been discussed
by this Board of Directors may be discussed and deliberated and is herein added as a subject of this meeting without
further notice. Any item on this agenda may be discussed in executive Session if authorized by Texas law regardless
of whether any item is listed under"Executive Sessions" of this agenda,regardless of any past or current practice of
this Board of Directors. Executive sessions described generally hereunder may include consideration of any item
otherwise listed on the agenda plus any subject specified in the executive session notice. Executive sessions described
generally hereunder are closed meetings, may include consideration of any item otherwise listed on the agenda plus
any subject specified in the executive session notice,and may include items under Texas Government Code Sections
551.071, 551.072, 551.073, 551.074, 551.076, 551.084, and/or 551.087. Any descriptions of property or amounts
stated herein are descriptive and not restrictive,and property and amounts may be changed in the motions,actions,or
documents without further public notice. This agenda has been reviewed and approved by the attorney for the
governing body, and the presence of any subject or description in the Executive Session portion of this agenda
constitutes a written interpretation of Chapter 551 of the Texas Local Government Code by the attorney for the
governmental body indicating that said subject or description thereof may be legally discussed in a closed meeting.
WFEDC Agenda 06/06/2022
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