4A Wichita Falls Economic Development Minutes - 10/14/2025 MINUTES OF THE
WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION
OCTOBER 14, 2025
PRESENT:
Leo Lane, President § WFEDC Members
David Toogood, Vice President §
Brent Hillery §
Craig Lewis §
Reno Gustafson §
Tim Short, Mayor § Mayor & Councilors
Mike Battaglino, Councilor, District 4 §
Tom Taylor, Councilor, District 5 §
Jeff Jenkins, City Manager § City Administration
Paul Menzies, Assistant City Manager §
Blake Jurecek, Assistant City Manager •
§
Kinley Hegglund, City Attorney §
Fabian Medillin, Dir of Development Services §
Monica Aguon, Senior Assistant City Attorney §
Stephen Calvert, CFO & Finance Director §
Chris Horgen, Public Information Officer §
Paige Lessor, Exec. Legal Asst./Recording Sec. §
Moriah Williams, CEO § Forward Wichita Falls
Vicki Pratt, Partner §
Kirk Peterson, Military Team §
1. CALL TO ORDER.
Mr. Leo Lane called the meeting to order at 2:30 p.m.
2. CONSENT AGENDA.
a. Approval of Minutes (August 14, 2025 [Regular Meeting], August 14, 2025
[Special Joint Meeting], & September 18, 2025)
Mr. David Toogood made a motion to approve the minutes as presented. Seconded by
Mr. Craig Lews, and with no further comment, the motion carried 5-0.
b. Financial Report
Mr. Paul Menzies reported that sales tax revenues continue to trend positively, with three
consecutive months of strong performance. He is optimistic that this upward trend will continue.
There was a brief comment regarding federal government operations, as continued stability would
WFEDC MINUTES 10/14/2025
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help maintain current economic momentum.
The bottom-line financials presented include all mall-related expenditures and
transactions to date. Significant fund movements occurred this period to support those projects,
and those reallocations will be discussed in more detail during the meeting.
Mr. Toogood made a motion to approve the financial report of the consent agenda.
Seconded by Mr. Reno Gustafson, and with no further discussion or public comment, the motion
carried 5-0.
3. DISCUSSION AND POSSIBLE ACTION TO AMEND THE CORPORATION'S BUDGET FOR FISCAL
YEAR 2025-2026 TO REALLOCATE FUNDING FOR ECONOMIC DEVELOPMENT SERVICES.
Mr. Lane and the Board discussed amending the FY2025 and FY2026 budgets for the
Wichita Falls 4A Economic Development Corporation. The amendment was necessary because
economic development services previously contracted through the Wichita Falls Chamber of
Commerce are being shifted to a newly established organization, Forward Wichita Falls.
Ms. Moriah Williams explained that the change reflects a structural separation of Forward
Wichita Falls from the Chamber. The amendment does not change the dollar amount or scope of
the budget previously approved by both the Corporation and the City Council; it simply reallocates
the same approved funding to the new contracting entity, Forward Wichita Falls.
Mr. Gustafson made a motion to amend the FY2025-2026 budget to reallocate funding
for economic development services from the Wichita Falls Chamber of Commerce to Forward
Wichita Falls, and to authorize assignment of the existing economic development services
contract to Forward Wichita Falls in lieu of the Chamber. Seconded by Mr. Lewis, with no further
discussion or public comment, the motion carried 5-0.
4. EXECUTIVE SESSION.
Mr. Lane adjourned the meeting into executive session at 2:35 p.m. pursuant to Texas
Government Code §§§§ 551.072, 551.087, 551.071, and 551.074. He announced the meeting
back into regular session at 3:15 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.
5. ADJOURNED.
Mr. Lane asked if the public had any questions or comments. Since there were none, he
adjourned the meeting at 3:16 p.m.
Leo Lane, esident
WF Economic Development Corporation
WFEDC MINUTES 10/14/2025
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