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04/06/2021-4A-Agenda Packet-RegularAGENDA 4A ECONOMIC DEVELOPMENT BOARD TUESDAY, APRIL 6, 2021 6:00 PM HISTORIC CHURCH BUILDING ­ 403 NORTH 7TH STREET SANGER, TEXAS 1.Call Meeting to Order, Establish a Quorum (Roll Call), Invocation. 2.CITIZEN INPUT: (Citizens are allowed 3 minutes to speak. The 4A Economic Development Board is unable to respond or discuss any issues brought up during this section.) 3.CONSENT AGENDA: a.Approval of Minutes 1.Approval of Minutes from 01/05/2021 4.Consider Any Items Removed from Consent Agenda. REGULAR AGENDA 5.Execute Agreement with EDP Best Practices, LLC Discuss, Consider and Possible Action on Authorizing the EDC Director to Execute an Agreement with EDP Best Practices, LLC for Economic Development Board Training. 6.Incentive Policy Discuss, Consider and Possible Action on Authorizing the EDC Director to Execute an Agreement with EDP Best Practices, LLC for the Development of a New Incentives Policy  7.INFORMATION ITEMS: a.Executive Director's Report 1. Project Updates a. 2020 EDC Action Plan Objectives Update ·Infrastructure  ·Website 2. Sales Tax Report 3. Financial Reports 4. New Development Update 8.FUTURE AGENDA ITEMS: (The purpose of this item is to allow the Mayor and members of the Board to bring forward items they Page 1 AGENDA4A ECONOMIC DEVELOPMENT BOARDTUESDAY, APRIL 6, 20216:00 PMHISTORIC CHURCH BUILDING ­ 403 NORTH 7TH STREETSANGER, TEXAS1.Call Meeting to Order, Establish a Quorum (Roll Call), Invocation.2.CITIZEN INPUT:(Citizens are allowed 3 minutes to speak. The 4A Economic Development Board is unable to respond ordiscuss any issues brought up during this section.)3.CONSENT AGENDA:a.Approval of Minutes1.Approval of Minutes from 01/05/20214.Consider Any Items Removed from Consent Agenda.REGULAR AGENDA5.Execute Agreement with EDP Best Practices, LLCDiscuss, Consider and Possible Action on Authorizing the EDC Director to Execute an Agreementwith EDP Best Practices, LLC for Economic Development Board Training.6.Incentive PolicyDiscuss, Consider and Possible Action on Authorizing the EDC Director to Execute an Agreementwith EDP Best Practices, LLC for the Development of a New Incentives Policy 7.INFORMATION ITEMS:a.Executive Director's Report1. Project Updatesa. 2020 EDC Action Plan Objectives Update·Infrastructure ·Website2. Sales Tax Report3. Financial Reports4. New Development Update8.FUTURE AGENDA ITEMS: (The purpose of this item is to allow the Mayor and members of the Board to bring forward items they wish to discuss at a future meeting, A Board Member may inquire about a subject for which notice has not been given. A statement of specific factual information or the recitation of existing policy may be given. Any deliberation shall be limited to a proposal to place the subject on an agenda for a subsequent meeting. Items may be placed on a future meeting agenda with a consensus of the Board or at the call of the Mayor). 9.ADJOURN. I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the City Website, and on the bulletin board, at the City Hall of the City of Sanger, Texas, a place convenient and readily accessible to the general public at all times. Said notice was posted on the following date and time, and remained posted continuously for at least 72 hours prior to the scheduled time of said meeting and shall remain posted until meeting is adjourned. March 30, 2021 4:15 P.M. Jeriana Staton, Deputy City Secretary City of Sanger, Texas Date/Time Posted This facility is wheelchair accessible and accessible parking spaces are available. Requests for additional accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary's office at (940) 458­7930 for further information. Page 2 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. A.1. AGENDA MEETING DATE: April 6, 2021 TO: Shani Bradshaw, 4B FROM:  ITEM/CAPTION: Approval of Minutes from 01/05/2021 AGENDA TYPE: Consent Agenda ACTION REQUESTED:  Approval  BACKGROUND: LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: FUNDS: STAFF RECOMMENDATION/ACTION DESIRED: APPROVE the minutes from the January 5, 2021 Board Meeting.  ATTACHMENTS: Description Upload Date Type Minutes 01/05/21 3/30/2021 Cover Memo Page 3 MINUTES 4A ECONOMIC DEVELOPMENT BOARD TUESDAY, JANUARY 5, 2021 1:00 PM HISTORIC CHURCH BUILDING ­ 403 NORTH 7TH STREET SANGER, TEXAS COMMISSION MEMBERS PRESENT: Elizabeth Springer, Victor Gann, Nancey McAlister, Sue Allison COMMISSION MEMBERS ABSENT: Drew Hall STAFF MEMBERS PRESENT: Director of Economic Development Shani Bradshaw, Stefani Dodson 1.Call Meeting to Order There being a quorum present, Elizabeth Springer  called the January 5th, 2021, 4A Meeting to order at 1:00 p.m..   2.Approval of Minutes Discuss, Consider and Possible Action on Approval of the Minutes from the October 6, 2020 Board Meeting.  Sue Allison makes a motion to accept the minutes from October 6th, 2020. Victor Gann seconded the motion.  Motion passes unanimously with a 4­0 Vote 3.Board Meetings Director Bradshaw explains that due to a request she would like to know if the board will be able to change their board meeting time to 6 p.m. Sue Allison makes a motion to change the board meeting to 6 p.m..  Nancy McAlister seconded the motion.  Motion passes unanimously with a 4­0 Vote. 4.Financial Reports A. Sales Tax Report B. Financial Reports Director Bradshaw goes over the staff reports and summarizes.  The board has a brief discussion over the report. Page 4 MINUTES4A ECONOMIC DEVELOPMENT BOARDTUESDAY, JANUARY 5, 20211:00 PMHISTORIC CHURCH BUILDING ­ 403 NORTH 7TH STREETSANGER, TEXASCOMMISSION MEMBERS PRESENT:Elizabeth Springer, Victor Gann, Nancey McAlister, Sue AllisonCOMMISSION MEMBERS ABSENT:Drew HallSTAFF MEMBERS PRESENT:Director of Economic Development Shani Bradshaw, Stefani Dodson1.Call Meeting to OrderThere being a quorum present, Elizabeth Springer  called the January 5th, 2021, 4A Meeting toorder at 1:00 p.m..  2.Approval of MinutesDiscuss, Consider and Possible Action on Approval of the Minutes from the October 6, 2020Board Meeting. Sue Allison makes a motion to accept the minutes from October 6th, 2020.Victor Gann seconded the motion.  Motion passes unanimously with a 4­0 Vote3.Board MeetingsDirector Bradshaw explains that due to a request she would like to know if the board will be able tochange their board meeting time to 6 p.m.Sue Allison makes a motion to change the board meeting to 6 p.m..  Nancy McAlister seconded themotion.  Motion passes unanimously with a 4­0 Vote.4.Financial ReportsA. Sales Tax ReportB. Financial Reports Director Bradshaw goes over the staff reports and summarizes.  The board has a brief discussion over the report. 5.Staff Update A.Project Update 1. 2020 EDC Action Plan Objectives Update Local and Regional Profile Report Website CoServ Grant Request TEDC Sales Tax Workshop (virtual) TEDC Annual Conference (virtual) B. Comprehensive Plan and Branding 6.Future Agenda Items and Meetings Board members shall not comment upon, deliberate, or discuss any item that is not on the agenda. Sue Allison asked if they could get an update on the Warehouse. 7.Citizen Comments There were no citizens who came forward wishing to speak.  8.Adjourn There being no further agenda items for discussion, Elizabeth Springer  adjourned the 4A Meeting at 2:28 p.m.  Page 5 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 5. AGENDA MEETING DATE: April 6, 2021 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Execute Agreement with EDP Best Practices, LLC Discuss, Consider and Possible Action on Authorizing the EDC Director to Execute an Agreement with EDP Best Practices, LLC for Economic Development Board Training. AGENDA TYPE: Regular ACTION REQUESTED:  Approval  BACKGROUND: ED Best Practices, LLC provided contract services for Sanger EDC during the past year. He has been contracted specifically to assist with the Property Enhancement Grant, along the the 4A Board Action Plan and Local and Regional Data Report. Mr. Last provides an array of services related to the business of EDC Boards. I would like to contract with Mr. Last to provide Board training relating to incentive policies, BRE overview, planning, analysis and agreements. Mr. Last has 30 years of experience in Planning Development and EDC management. He contracts his services throughout the State.  This will be a joint training session with the 4B Board. LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: Estimated cost is $790 and will be split 50/50 with the 4B Board. FUNDS: STAFF RECOMMENDATION/ACTION DESIRED: Page 6 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 5.AGENDA MEETING DATE: April 6, 2021TO: Shani Bradshaw, 4BFROM: Shani Bradshaw, Director of Economic DevelopmentITEM/CAPTION:Execute Agreement with EDP Best Practices, LLCDiscuss, Consider and Possible Action on Authorizing the EDC Director to Execute an Agreement with EDP BestPractices, LLC for Economic Development Board Training.AGENDA TYPE: RegularACTION REQUESTED:  Approval BACKGROUND:ED Best Practices, LLC provided contract services for Sanger EDC during the past year. He has been contractedspecifically to assist with the Property Enhancement Grant, along the the 4A Board Action Plan and Local and RegionalData Report. Mr. Last provides an array of services related to the business of EDC Boards. I would like to contractwith Mr. Last to provide Board training relating to incentive policies, BRE overview, planning, analysis and agreements.Mr. Last has 30 years of experience in Planning Development and EDC management. He contracts his servicesthroughout the State. This will be a joint training session with the 4B Board.LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT:Estimated cost is $790 and will be split 50/50 with the 4B Board.FUNDS: STAFF RECOMMENDATION/ACTION DESIRED: APPROVE Agreement with EDP Best Practices, LLC for Board Training. Recommended Motions: I move to approve the agreement with EDP Best Practices, LLC for board training and authorize the EDC Director to Execute the Agreement. ATTACHMENTS: Description Upload Date Type Board Training Agreement 3/30/2021 Cover Memo Page 7 Sanger Economic Development Corporation EDP Best Practices, LLC - Service Agreement - Professional Training - Page 1 of 2 Date: January 7, 2021 To: Shani Bradshaw, Executive Director Sanger Economic Development Corporation 201 Bolivar Street, Sanger, TX 76266 Re: Economic Development - Professional Training I appreciate the opportunity to provide this agreement for the Services defined herein. This Service Agreement (Agreement) shall be between EDP Best Practices, LLC (Consultant) and the Sanger Economic Development Corporation (SEDC). Consultant and SEDC are sometimes hereinafter referred to collectively as the “Parties” or individually as a “Party.” In general the Services shall be providing a professional training module on topics as requested by the SEDC. 1. Consultant Services: 1.1. Pre-Meeting Discussion: Consultant shall engage Staff / Board Chair via telephone to discuss what the Board would like to emphasize or clarify through the training. 1.2. PowerPoint Presentation: Provide a professional training session using PowerPoint as a discussion leader, engaging the attendees in an informal discussion on one or more of the following training modules. (Hyperlinks to one-page Service Profiles providing an overview of the purpose and content of the training) A. Intro to Economic Development: An overview of all aspects of implementing an efficient and productive Economic Development program for any size jurisdiction. B. Development-Incentives: An overview of the development process and players, how the Economic Development Organization fits, and who’s responsible for what incentives. C. Local-Incentives-Overview: Great way to open a discussion with the Board on various incentives that might be requested or offered, etc. D. Planning-Development: What every Economic Developer should know about Planning & Development terms and practices and how that knowledge is used in E.D.. E. BRE-Programs-Overview: An overview of many ways to support existing businesses through development and implementation of BRE programs. F. Incentive-Policies-Analysis-Agreements: An informal overview of incentive policies, analysis of incentive proposals, and writing comprehensive incentive agreements. 1.3. Handout: Provide a color and b/w (pdf) of the presentation with four (4) slides per page. 1.4. Evaluation Form: Provide printed Evaluation Forms to solicit feedback from attendees on various aspects of the Training session. 2. SEDC to provide: SEDC shall provide the following. 2.1. Project Coordinator (Coordinator): Provide a Staff liaison to work with Consultant to provide insights as to the desires of the SEDC and facilitate communication. 2.2. Meetings: Coordination of any desired meetings. 2.3. Venue: Provide a professional environment of adequate size and comfort to host the Training. 2.4. Pandemic Provisions: Provide adequate spacing of attendees and procedures to reduce exposure to any potential health concerns. 2.5. Audio / Video Equipment: Provide a projector and adequately-sized screen to accommodate connection from the Consultant’s laptop for projection of the PPT presentation. Depending on the size of the room, audio enhancements for speaking may be needed as well. Page 8 Sanger Economic Development Corporation EDP Best Practices, LLC - Service Agreement - Professional Training - Page 2 of 2 2.6. Printing: Printing and distribution of the Attendee Handout. 3. Confidentiality: Both parties agree to the following confidentialities. 3.1. Content: The Consultant agrees to keep confidential any information related to the Services that is deemed confidential by the SEDC and communicated to the Consultant in writing. 3.2. Marketing Permission: SEDC agrees to allow Consultant to reference the SEDC as a client and to allow Consultant to use a high-level explanation of Services provided. 3.3. Payment Disclosure: SEDC agrees not to disclose the amount of payment included in the Agreement unless required by law. 4. Documents: The PowerPoint original document will not be provided to SEDC for their continued use. SEDC agrees not to distribute the attendee handout beyond their internal uses except as required by law. 5. Payment: The fee for the Services as defined herein shall be as follows. 5.1. Base Fee: The Base Fee is intended to cover a portion of the time it takes to prepare the presentation and keep it updated. This fee shall be four hundred dollars ($400) per training module provided. 5.2. Presentation Fee: The Presentation Fee shall be one-hundred and twenty dollars ($120.00) per hour, inclusive of set-up, presentation and take-down time. 5.3. Drive-Time: Travel time to / from the venue shall be billed at 50% of the hourly rate. 5.4. Additional Expenses: Out-of-pocket expenses shall be billed at cost (lunch meetings, lodging). 5.5. Payment Due: Payments shall be within 30 days of receipt of an invoice from the Consultant. 5.6. ESTIMATE: Based on the noted assumptions, following is an estimate of fees. Invoice shall be for actual time spent. A. $400 – Each module B. $210 – 1.5 hour presentation plus 15 min for set up / take down at hourly rate C. $180 – 3 hour drive time to / from training location at 50% of hourly rate D. $790 estimated total 6. Cancellation of Agreement: Either Party may cancel this Agreement upon ten (10) calendar days notice in writing to the other Party. Should the SEDC elect not to continue with this Agreement at any point, the Consultant shall be paid for services rendered to that point in time. Approval of this Agreement represented by: Consultant: EDP Best Practices, LLC Signed: ___________________________ Name: Greg Last Title: Chief Executive Officer Date: January 7, 2021 PH: (817) 992-6156 EM: glast@EDPBestPractices.com Address: 4609 Shadycreek Lane Colleyville, TX 76034 SEDC: Sanger Economic Development Corporation Signed: ____________________________ Name: Shani Bradshaw Title: Executive Director Date: ______________________________ PH: (940) 458-2059 EM: sbradshaw@sangertexas.org Address: 201 Bolivar Street Sanger, TX 76266 Bio: Greg Last, CEO, for additional information see www.EDPBestPractices.com Enc: One-page Service Profiles for Training modules Page 9 Training ‐ IntroducƟon to Economic Development Service Profile ‐ 2019‐01‐20 Training ‐ IntroducƟon to Economic Development An introductory overview of all aspects of implemenƟng an efficient and producƟve Economic Development program for any size jurisdicƟon. Problem IdenƟficaƟon Board has been recently established and needs an overview as to future responsibiliƟes Changes in Board / Staff would benefit in a comprehensive review of economic development programs Goal is to Understand the Following The various EDO organizaƟonal structures and how that impacts their responsibiliƟes How you set a direcƟon for the EDO The roles and responsibiliƟes of the Council / Board / Staff Ways to increase the efficiency and producƟvity of an EDO What type of ED programs should be implemented What resources are available to help the ED program Typical PresentaƟon Seƫng / Format Preferably a seƫng that allows for a PowerPoint presentaƟon (+/‐ 50 slides) along with easy and informal discussion between the consultant, Board and Staff. Depending on quesƟons and dialogue, anƟcipate a 1 ‐ 1.5 hour discussion. Topics Covered Differences in EDO organizaƟonal structures Common acronyms, terms, and their definiƟons Roles and responsibiliƟes of all major players Establishing a mission and supporƟng goals and objecƟves AdministraƟon of an EDO MarkeƟng and promoƟon targets, resources, venues The applicability and use of incenƟves Business RetenƟon & Expansion (BRE) Resources available, addiƟonal training, etc. Other Training Available Local IncenƟves Overview: An informal overview of various potenƟal local incenƟves, how they are authorized, idenƟfied, and incorporated into incenƟve agreements. IncenƟve Policies‐Analysis‐Agreements: An informal overview of incenƟve policies, analysis of incenƟve proposals, and wriƟng comprehensive incenƟve agreements Business RetenƟon & Expansion (BRE) Programs Overview: An overview of a wide variety of programs that can be implemented to support exisƟng businesses (817) 992‐6156 www.EDPBestPracƟces.com Page 10 Training - Development & Incentives Process Service Profile - 2020-03-05 Training - Development & Incentives Process An overview of the development process and players, how the Economic Development Organization fits, and who ’s responsible for what incentives. Problem Identification  EDO does not fully understand the development process and is unclear how they fit in  EDO is attempting to interject their desires in areas which are the responsibility of other Boards or Council  EDO is unclear how / when discussions on incentives are normally held and who is responsible for what incentive Goal is to Understand the Following  The development process and who is involved  The responsibilities of each of the players involved  The responsibilities of the EDO in the process  How and when incentives are integrated in the process Typical Presentation Setting / Format  Preferably a setting that allows for a PowerPoint presentation (+/- 30 slides) along with easy and informal discussion between the consultant and Staff. Depending on questions and dialogue, anticipate a 1 hour(+) discussion. Example Topics Covered  Terminology / definitions  The development process, start to finish  Players involved in the process and their responsibilities  Typical incentives involved, who is responsible, what is the source of funds, how are incentives implemented Example Phases of the Process  Pre-submittal due diligence  Entitlements (Zoning, platting, permitting)  Construction plans  Construction Example Boards Involved  Planning and Zoning Commission  Park Board  City Departments  City Council  County / ISD (817) 992-6156 www.EDPBestPractices.com Page 11 Training ‐ Local IncenƟves Overview Service Profile ‐ 2019‐01‐20 Training ‐ Local IncenƟves Overview An informal overview of various potenƟal local incenƟves, how they are authorized, idenƟfied, and incorporated into incenƟve agreements. Problem IdenƟficaƟon Board is unfamiliar with the variety of potenƟal local incenƟves that might be requested or provided Limited knowledge regarding different approaches to granƟng incenƟves Goal is to Understand the Following The statutory authorizaƟons and limitaƟons of incenƟves Project limitaƟons related to sources of funds Local incenƟves that might be requested or offered Things to pay aƩenƟon to for various incenƟves Typical PresentaƟon Seƫng / Format Preferably a seƫng that allows for a PowerPoint presentaƟon along with easy and informal discussion between the consultant, Board and staff. Depending on quesƟons and dialogue, anƟcipate a 1 ‐ 1.5 hour discussion. Typical Topics Covered Terminology / definiƟons Statutory authorizaƟon and limitaƟons Project limitaƟons for Type A and B Development CorporaƟons, sources of funds PotenƟal Local IncenƟves (see below) What can go wrong and how to avoid it Typical Local IncenƟves Ad Valorem and Sales Taxes: Sales tax grants, AV tax relief Financial: Forgivable loans, loan guarantees, lease guarantees, equipment purchases, fee waivers / reducƟons Employment: RelocaƟon assistance, cash for jobs, hiring assistance Land / Building: Build‐to‐suit, free land / building Procedural: Fast‐track processing / permiƫng, dedicated inspecƟons Infrastructure: Roadways, water, sewer, drainage, rail Property Enhancements: Façade, landscaping, signage, lighƟng, parking and driveways CreaƟve IncenƟves: Street naming, country clubs, guns, boots, property gates, etc. (817) 992‐6156 www.EDPBestPracƟces.com Page 12 Training - Planning and Development Service Profile - 2020-05-04 Training - Planning and Development A comprehensive overview of Comprehensive Plan components; resources impacting development; basic planning, development and engineering terms; planning and development processes. (Part One of the “Basic Stuff” Training Series) Problem Identification  Staff have been thrown into situations where limited knowledge of planning and development was a hindrance  Projects are becoming more complex requiring a more comprehensive knowledge base to consummate the deal  New ED hires come from backgrounds other than real estate, planning or community development Goal is to Understand the Following  What roles planning and engineering play in the economic development process  Resources / plans that impact economic development  Basic terms and processes for planning and development  How to get engaged in the planning process Typical Presentation Setting / Format  Preferably a setting that allows for a PowerPoint presentation (+/- 60 slides) along with easy and informal discussion between the consultant and Staff. Depending on questions and dialogue, anticipate a 1.5 hour(+) discussion. Topics Covered  Comprehensive Plan Components: Future Land Use Plan, Master Thoroughfare Plan, Through Truck Route Plan, Water Distribution Plan, Sanitary Sewer Plan, Drainage Master Plan  Resources impacting development: Soils, topography, surveys, plats, floodplain / floodway, retention / detention, TxDOT access restrictions,  Basic planning, development and engineering terms  Planning and development processes and how to represent them  Site development issues and regulations Other Training Available  Local Incentives Overview: An informal overview of various potential local incentives, how they are authorized, identified, and incorporated into incentive agreements.  Incentive Policies-Analysis-Agreements: An informal overview of incentive policies, analysis of incentive proposals, and writing comprehensive incentive agreements  Business Retention & Expansion (BRE) Programs Overview: An overview of a wide variety of programs that can be implemented to support existing businesses (817) 992-6156 www.EDPBestPractices.com Page 13 Training ‐ Business RetenƟon & Expansion Programs Overview Service Profile ‐ 2019‐01‐20 Training ‐ BRE Programs Overview Provide a comprehensive presentaƟon highlighƟng a variety of BRE programs from simple to complex. Discuss with the Board and Staff which programs might be a best fit at this Ɵme and ways to implement the programs with current resources. Problem IdenƟficaƟon ExisƟng businesses feel like they are being ignored and the Agency spends all its efforts trying to aƩract new businesses All incenƟves offered by the Agency are for new businesses and none for growth of exisƟng businesses There is no personal relaƟonship between business leaders and Agency representaƟves The Agency desires to idenƟfy and assist with the challenges being faced by local businesses but lacks experience Service Goals Provide a comprehensive PPT presentaƟon and lead a discussion on the many ways to support exisƟng businesses Provide examples and takeaways to easily implement a BRE program in your community PresentaƟon Content Examples BRE Plan Development: Goals, objecƟves, programs Business Opening: New Business Guide, News release assistance, ground breaking, hiring assistance, ribbon cuƫng, congratulaƟons cerƟficate, New Biz List, opening announcements / signage Business Data: Business lists / databases, website lisƟngs MarkeƟng & PromoƟon: Guide to MarkeƟng Your Business, MeeƟng AccommodaƟons Summary, Shop Local programs, tourism / events, cash mob / lunch bunch, Sidewalk Sale, newsleƩer highlights, social media, Local Business Report, Shopping & Dining Guide, Private Dining Guide Corporate Support: Website resources, HR assistance IdenƟfying / Addressing Challenges: Property manager engagement, visitaƟon programs, bad and best pracƟces, business surveys, property enhancement grants Property Enhancement Matching Grants To retain businesses and provide for their growth, it may be desirable to help them improve their property (817) 992‐6156 www.EDPBestPracƟces.com Page 14 Training ‐ IncenƟve Policies‐Analysis‐Agreements Service Profile ‐ 2019‐01‐20 Training ‐ IncenƟve Policies‐Analysis‐Agreements An informal overview of incenƟve policies, analysis of incenƟve proposals, and wriƟng comprehensive incenƟve agreements. Problem IdenƟficaƟon Either there is no IncenƟves Policy or it is outdated There is limited or no analysis done on requests for incenƟves or proposed incenƟves Limited knowledge of the types of incenƟve agreements and important aspects in negoƟaƟng and wriƟng them Goal is to Understand the Following The statutory authorizaƟons and limitaƟons of incenƟves Project limitaƟons related to sources of funds WriƟng and adopƟng good IncenƟve Policies Bad and Best PracƟces in negoƟaƟng incenƟves OpƟonal ways to evaluate the merits of incenƟves Bad and Best PracƟces in wriƟng incenƟve agreements How to stay out of trouble… Typical PresentaƟon Seƫng / Format Preferably a seƫng that allows for a PowerPoint presentaƟon along with easy and informal discussion between the consultant, Board and staff. Depending on quesƟons and discussion, anƟcipate a 1.5 hour discussion. Typical Topics Covered Terminology / definiƟons Statutory authorizaƟon and limitaƟons Tax abatement vs 380 agreements IncenƟve policies, requirements, adopƟon, applicaƟon Project limitaƟons; Type A and B Development CorporaƟons, sources of funds ConfidenƟality and communicaƟons protocols EvaluaƟng IncenƟves: Is there an answer to “Is this a good deal for us?” NegoƟaƟng IncenƟves: Who blinks first? Bad and Best PracƟces for IncenƟve Policy development Bad and Best PracƟces for IncenƟve Agreement development What can go wrong and how to avoid it Other Training Available Local IncenƟves Overview: An informal overview of various potenƟal local incenƟves, how they are authorized, idenƟfied, and incorporated into incenƟve agreements. Business RetenƟon & Expansion (BRE) Programs Overview: An overview of a wide variety of programs that can be implemented to support exisƟng businesses (817) 992‐6156 www.EDPBestPracƟces.com Page 15 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 6. AGENDA MEETING DATE: April 6, 2021 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Incentive Policy Discuss, Consider and Possible Action on Authorizing the EDC Director to Execute an Agreement with EDP Best Practices, LLC for the Development of a New Incentives Policy  AGENDA TYPE: Regular ACTION REQUESTED:  Approval  BACKGROUND: We have a Policy in place but it is outdated and may or may not have been adopted by formal resolution. There is also no formal and comprehensive application. The new Incentives Policy will include all potential local incentives, administrative procedures, performance agreement requirements, a resolution for approval and a matching application.  LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: Professional Services. The accounting code is 46­5430. Funds are available to pay for the training.  FUNDS: Estimated cost is $4,500.  STAFF RECOMMENDATION/ACTION DESIRED: APPROVE Agreement with EDP Best Practices, LLC for Development of an Incentives Policy.  Recommended Motions:  I move to approve the agreement with EDP Best Practices, LLC for the development of an Incentives Policy and authorize the EDC Director to Execute the Agreement.  Page 16 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 6.AGENDA MEETING DATE: April 6, 2021TO: Shani Bradshaw, 4BFROM: Shani Bradshaw, Director of Economic DevelopmentITEM/CAPTION:Incentive PolicyDiscuss, Consider and Possible Action on Authorizing the EDC Director to Execute an Agreement with EDP BestPractices, LLC for the Development of a New Incentives Policy AGENDA TYPE: RegularACTION REQUESTED:  Approval BACKGROUND:We have a Policy in place but it is outdated and may or may not have been adopted by formal resolution. There is alsono formal and comprehensive application.The new Incentives Policy will include all potential local incentives, administrative procedures, performance agreementrequirements, a resolution for approval and a matching application. LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT:Professional Services. The accounting code is 46­5430. Funds are available to pay for the training. FUNDS:Estimated cost is $4,500. STAFF RECOMMENDATION/ACTION DESIRED:APPROVE Agreement with EDP Best Practices, LLC for Development of an Incentives Policy.  RecommendedMotions:  I move to approve the agreement with EDP Best Practices, LLC for the development of an Incentives Policy and authorize the EDC Director to Execute the Agreement.  ATTACHMENTS: Description Upload Date Type Incentives Policy Agreement 3/24/2021 Cover Memo Page 17 EDP Best Practices, LLC / Sanger Economic Development Corporation Incentives Policy - Service Agreement - Page 1 of 3 Date: January 7, 2021 To: Shani Bradshaw, Executive Director Sanger Economic Development Corporation 201 Bolivar Street, Sanger, TX 76266 Re: Professional Services Agreement: Development of an Incentives Policy I appreciate the opportunity to provide this Agreement for the Services defined herein. This Service Agreement (Agreement) shall be between EDP Best Practices, LLC (Consultant) and the Sanger Economic Development Corporation (SEDC). Consultant and SEDC are sometimes hereinafter referred to collectively as the “Parties” or individually as a “Party.” In general the Services (Services) shall be the development of a Resolution for adoption, a comprehensive Incentives Policy (Policy) and matching Application. 1. Services: The following Services shall be performed by the Consultant in cooperation with the Coordinator from the SEDC as defined below. 1.1. Discovery: Work with the Coordinator to identify the following. A. Content: Develop a questionnaire adequate to determine the topics to be addressed in the Policy. B. Problem Areas: Any particular areas that have been problem areas in the past and need particular attention and / or clarification. C. Other Examples: Identify any examples of similar policies used by other agencies that might provide examples of best practices for desired topics. D. Authorization Documents: Acquire and review SEDC documents establishing any economic development corporations (e.g. Bylaws, Articles of Incorporation, elections) and any information related to previously adopted policies. 1.2. Development: Develop the Deliverables with the following characteristics and process. A. Content: Include all the content identified in the Discovery phase. B. Structure: Structure the document with numeric references and paragraph leads (similar to this Agreement) for ease of understanding and implementation. C. Draft Reviews: Utilize a redline / strikeout format during review of pdf drafts to aid in the understanding of changes made to each draft. D. Legal Review: Allow for review and edit by the SEDC’s Attorney and incorporate any recommended revisions. E. Meetings: The Consultant shall meet as follows: i. Staff: Meetings or discussions with Staff shall be conducted remotely via phone or Internet when practical. When reasonably requested, Consultant shall meet with Staff at their office location prior to Board / Council meetings approved as Additional Services. ii. Board / Council Meetings: Additional Services as noted in Section 5.3. 1.3. Deliverables: Consultant shall provide the following to the SEDC in the format noted below. A. Resolution: A Resolution adopting the Policy (PDF). B. Policy: A Policy including all content as noted above (PDF). C. Application: An Application in a user-friendly format that will allow accumulation of all information necessary to implement the Policy (Microsoft Word). Page 18 EDP Best Practices, LLC / Sanger Economic Development Corporation Incentives Policy - Service Agreement - Page 2 of 3 1.4. Final Documents: Consultant shall provide the SEDC with final documents suitable for signatures by representatives of the approving bodies. 2. SEDC to provide: SEDC shall provide the following. 2.1. Project Coordinator (Coordinator): Provide a staff liaison to work with Consultant to provide insights as to the desires of the SEDC and facilitate communication. 2.2. Discovery: The information noted above. 2.3. Development: Assistance in the development and review of the document, including coordination with legal representatives. 2.4. Meetings: Coordination of any desired meetings. 2.5. Presentations / Memos: Any briefing memos and / or PPT presentations to the Board / Council. 2.6. Printing: Printing, binding, or distribution of any documents. 3. Confidentiality: Both parties agree to the following confidentialities. 3.1. Content: The Consultant agrees to keep confidential any information related to the Services that is deemed confidential by the SEDC and communicated to the Consultant in writing. 3.2. Marketing Permission: SEDC agrees to allow Consultant to reference the SEDC as a client and to allow Consultant to use a high-level explanation of Services provided. 3.3. Payment Disclosure: SEDC agrees not to disclose the amount of payment included in the Agreement unless required by law. 4. Documents: All documents generated as a result of the Services shall be the property of the SEDC to use as needed. However, the SEDC agrees not to release an editable / original version of any of the documents except as required by law. 4.1. Proprietary Forms: Original forms used by the Consultant are proprietary and will not be provided to the SEDC for their continued use. 5. Payment: The fee for the Services as defined herein (excluding meetings) shall be as noted below. Payments shall be within 30 days of receipt of an invoice from Consultant. 5.1. Services: The fee for the Services described in Section 1 shall be four thousand five hundred dollars ($4,500) billed monthly as a percentage of completion for each phase. A. Discovery: $1,500 B. Development: $1,500 C. Deliverables: $1,000 D. Final Documents: $500 5.2. Reimbursables: The SEDC shall reimburse the Consultant for any approved out-of-pocket costs (e.g. lunch meetings, copies). 5.3. Additional Services: Any work not defined in the Services above is not included in this Agreement. The SEDC and the Consultant may negotiate Additional Services if desirable to both parties. Any request for Additional Services must be authorized in writing by the Coordinator prior to the Consultant performing said services. Additional Services shall be billed at a rate of one hundred twenty dollars ($120) per hour. Though not exclusively, this would include the following: A. Meetings: Meetings with the Board shall be at the hourly rate inclusive of set-up and meeting times. Page 19 EDP Best Practices, LLC / Sanger Economic Development Corporation Incentives Policy - Service Agreement - Page 3 of 3 B. Travel: Driving time shall be billed at 50% of the hourly rate. Any required flights shall be booked and paid for by the SEDC. C. Introductory PPT: Present a PowerPoint presentation providing an overview of the elements of the Policy and solicit desired content from Board members. ($400) 6. Cancellation of Agreement: Either Party may cancel this Agreement upon ten (10) calendar days notice in writing to the other Party. Should the SEDC elect not to continue with this Agreement at any point, the Consultant shall be paid for services rendered to that point in time. Approval of this Agreement represented by: Consultant: EDP Best Practices, LLC Signed: ___________________________ Name: Greg Last Title: Chief Executive Officer Date: January 7, 2021 PH: (817) 992-6156 EM: glast@EDPBestPractices.com Address: 4609 Shadycreek Lane Colleyville, TX 76034 SEDC: Sanger Economic Development Corporation Signed: ____________________________ Name: Shani Bradshaw Title: Executive Director Date: ______________________________ PH: (940) 458-2059 EM: sbradshaw@sangertexas.org Address: 201 Bolivar Street Sanger, TX 76266 Bio: Greg Last - For additional information see www.EDPBestPractices.com. Page 20 IncenƟves Policy Development Service Profile ‐ 2019‐01‐20 IncenƟves Policy Development Develop a comprehensive Incentives Policy including all potential local incentives, administrative procedures, performance agreement requirements, a resolution for approval and a matching application. Problem IdenƟficaƟon There is no Policy in place to address business requests for incenƟves The Agency is granƟng incenƟves without a Policy or adequate applicaƟon If there is a Policy, it is outdated and does not address a comprehensive list of potenƟal incenƟves and may or may not have been adopted by formal resoluƟon There is no formal and comprehensive applicaƟon Service Goals Develop a ResoluƟon documenƟng authorizaƟon for the Agency to provide incenƟves Develop a comprehensive Policy and ApplicaƟon tailored to the Agency’s desires Deliverables A comprehensive ResoluƟon, Policy and ApplicaƟon in PDF suitable for approval Content Outline Following is an example outline for a comprehensive IncenƟves Policy. IntroducƟon / Goals DefiniƟons Eligibility (properƟes and businesses) PotenƟal IncenƟves City ParƟcipaƟon LimitaƟons AdministraƟve Procedures ApplicaƟon Project Eligibility Table A table would be developed to conveniently summarize the types of projects eligible for certain types of incenƟves. Project Eligibility Thresholds A table would be developed to summarize minimum thresholds required for various types of project classificaƟons. ApplicaƟon An applicaƟon would be developed that aligned with the criteria and cerƟficaƟons in the Policy. The applicaƟon form easily allows for the applicant to insert required informaƟon. (817) 992‐6156 www.EDPBestPracƟces.com Page 21 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 7.A. AGENDA MEETING DATE: April 6, 2021 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Executive Director's Report 1. Project Updates a. 2020 EDC Action Plan Objectives Update ·Infrastructure  ·Website 2. Sales Tax Report 3. Financial Reports 4. New Development Update AGENDA TYPE:  ACTION REQUESTED:  Other: Informational BACKGROUND: LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: FUNDS: STAFF RECOMMENDATION/ACTION DESIRED: Page 22 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 7.A.AGENDA MEETING DATE: April 6, 2021TO: Shani Bradshaw, 4BFROM: Shani Bradshaw, Director of Economic DevelopmentITEM/CAPTION:Executive Director's Report1. Project Updatesa. 2020 EDC Action Plan Objectives Update·Infrastructure ·Website2. Sales Tax Report3. Financial Reports4. New Development UpdateAGENDA TYPE: ACTION REQUESTED:  Other: InformationalBACKGROUND:LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT:FUNDS: STAFF RECOMMENDATION/ACTION DESIRED: ATTACHMENTS: Description Upload Date Type Monthly Sales Tax Report ­ February 2021 3/30/2021 Cover Memo Page 23 Month 2014-2015 Total 2015-2016 Total 2016-2017 Total 2017-2018 Total 2018-2019 Total 2019-2020 Total 2020-2021 Total OCT 26,843 26,843 29,528 29,528 33,532 33,532 36,117 36,117 35,425 35,425 41,961 41,961 52,602 52,602 NOV 31,897 58,740 36,744 66,272 36,725 70,257 38,951 75,068 36,853 72,278 42,075 84,036 50,054 102,656 DEC 28,786 87,526 30,055 96,327 37,133 107,390 32,669 107,737 36,420 108,698 44,092 128,128 52,405 155,061 JAN 41,810 129,336 28,916 125,243 32,386 139,776 34,264 142,001 33,403 142,102 27,585 155,713 44,941 200,002 FEB 38,909 168,245 35,203 160,446 42,385 182,161 48,966 190,967 36,966 179,068 70,059 225,772 62,144 262,146 MAR 29,841 198,086 30,091 190,537 34,273 216,434 32,712 223,679 32,428 211,496 40,966 266,738 APR 29,329 227,415 31,321 221,858 29,088 245,522 28,440 252,119 32,984 244,481 35,736 302,474 MAY 33,641 261,056 34,401 256,259 42,345 287,867 39,427 291,546 43,134 287,615 41,692 344,166 JUN 29,030 290,086 32,746 289,005 30,853 318,720 31,811 323,357 36,456 324,071 50,482 394,647 JUL 27,800 317,886 32,803 321,808 35,710 354,430 34,802 358,159 36,977 361,048 49,189 443,837 AUG 35,487 353,373 37,628 359,436 42,725 397,155 39,661 397,820 42,598 403,646 47,386 491,222 SEP 33,366 386,739 31,646 391,082 38,361 435,516 38,280 436,100 38,860 442,506 42,073 553,295 TOTAL 386,739 386,739 391,082 391,082 435,516 435,516 436,100 436,100 442,506 442,506 533,295 533,295 262,146 BUDGET 320,000 66,739 362,500 28,582 362,500 73,016 385,000 51,100 385,000 57,506 385,000 148,295 385,000 (385,000) Actual Actual %Actual Actual % 2019-2020 2020-2021 Change 2019-2020-2020-2021 Change 70,059 62,144 -11.3%225,772 262,146 16.1% Year to Date 4A & 4B SALES TAX REVENUE REPORT FebruarySales Tax Collection 386,739 391,082 435,516 436,100 442,506 533,295 0 100,000 200,000 300,000 400,000 500,000 600,000 2015 2016 2017 2018 2019 2020 TOTAL REVENUE 2015-2020 Page 24 4A & 4B SALES TAX REVENUE REPORT Page 25