Burnet Economic Development Corporation Tuesday, March 10, 2026 03:00 PM Executive Conference Room, City Hall, 301 E. Jackson, Burnet, TX 78611

1.CALL TO ORDER:

2.ROLL CALL:

3.CONSENT AGENDA:

1. 1.Approval of the February 10, 2026 Regular Meeting Minutes

4.ACTION ITEMS:

1. 1.Discuss and consider action: Approval of a Performance Agreement between the Burnet Economic Development Corporation and Highland BTX, LLC, providing an economic development incentive for the redevelopment of the former Burger King property for an HTeaO retail store.

2. 2.Discuss and consider action: Approval of Payroll Incentive payment to Primax Properties in accordance with the incentive agreement for Tractor Supply.

3. 3.Discuss and consider action: Monthly Financial Report.

4. 4.Discuss and consider action: BEDC Business Grant Program rules and consideration of applications for assistance.

5. 5.Related to the potential development and/or sale of all or portions of the intersection at Polk and Pierce Street.

6. 6.Discuss and consider action: Related to the potential development and/or sale of all or portions of Eastside Commercial Park located on Highway 29 East.

7. 7.Discuss and consider action: Related to the potential development and/or sale of all or portions of the property located at Coke Street and Highway 29 East.

8. 8.Discuss and consider action: Related to the potential development and/or sale of all or portions of The Crossings at 281 South Commercial Park.

9. 9.Discuss and consider action: Summer Concert Series.

10. 10.Discuss and consider action: Burnet Community Coalition.

11. 11.Discuss and consider action: Goals, priorities, objectives, and future projects for the Burnet Economic Development Corporation.

5.CONVENE TO EXECUTIVE SESSION: 

1. 1.Pursuant to Section 551.072 Texas Government Code to deliberate the purchase, exchange, lease, or value of real property in order to minimize the detrimental effect of such discussion in open session on the position of the Board in negotiations with third parties for property located in the City limits of Burnet, Texas: D. Vaughn

6.RECONVENE TO REGULAR SESSION FOR POSSIBLE ACTION: 

1. 1.Discuss and consider action: Regarding deliberations on the purchase, exchange, lease, or value of real property located within the city of Burnet.

7.REQUESTS FROM BEDC FOR FUTURE REPORTS:

8.ADJOURN:

Dated this 2nd day of March 2026

I, the undersigned authority, do hereby certify that the above NOTICE OF MEETING of the Burnet Economic Development Corporation, is a true and correct copy of said NOTICE and that I posted a true and correct copy of said NOTICE on the bulletin board, in the City Hall of said City, BURNET, TEXAS, a place convenient and readily accessible to the general public at all times, and said NOTICE was posted on March 2, 2026, at or before 5 o’clock p.m. and remained posted continuously for at least three full business days prior to the meeting date.

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Maria Gonzales, City Secretary