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4A Wichita Falls Economic Development Minutes - 05/16/2024 MINUTES OF THE WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION MAY 16, 2024 PRESENT: Leo Lane, President § WFEDC Members David Toogood, Vice President § Phyllis Cowling, Secretary-Treasurer § Darron Leiker § Brent Hillery § Tim Short, Mayor § Mayor& Council Paul Menzies, Assistant City Manager § City Administration Blake Jurecek, Assistant City Manager § Kinley Hegglund, City Attorney § Kaitlin LeVasseur, Budget Analyst § Terry Floyd, Dir. of Development Services § Chris Horgen, Public Information Officer § Paige Lessor, Legal Asst/Recording Secretary § Ron Kitchens, CEO § Wichita Falls Chamber of Commerce Moriah Williams, Partner § Vicki Pratt, Partner § 1. CALL TO ORDER Mr. Lane called the meeting to order at 2:32 p.m. 2. CONSENT AGENDA a. Approval of Minutes (April 18, 2024) b. Financial Report Mr. Lane noted that the financial report did not contain any unexpected information. Mr. Menzies added that the Board has not funded any new projects recently, so the fund balance is growing quite rapidly. Mr. Lane, Ms. Cowling, and Mr. Leiker all commented that although sales tax performance is better than in previous months, it is still not where they would like to see it. Mr. Leiker moved to approve the consent agenda. Seconded by Mr. Hillery, the motion carried 4-0. Mr. Toogood had not yet arrived at the meeting. 3. EXECUTIVE SESSION Mr. Lane adjourned the meeting into executive session at 2:34 p.m. pursuant to Texas Government Code §§ 551.087. He announced the meeting back into regular session at 3:33 p.m. The subjects posted in the Notice of Meeting were deliberated, and no votes or further actions were taken on the items in executive session. WFEDC MINUTES 5/16/2024 PAGE 1 OF 2 6. ADJOURNED. Mr. Lane asked if the public had any questions or comments. Since there were none, he adjourned the meeting at 3:34 p.m. Leo Lane, President WFEDC MINUTES 5/16/2024 PAGE 2 OF 2