Economic Development Corporation Thursday, June 20, 2024 06:00 PM 109 North Kaufman Street, Mount Vernon, Texas 75457

Call to Order

Public Comment

The Texas Open Meetings Act prohibits the Board from responding to any comments other than to refer the matter to a future agenda, to an existing policy, or to a staff person with specific factual information. Claims against the Board or employees, as well as individual personnel appeals are not appropriate for citizens' forum.

Consent Agenda

• 1.Minutes 5/9/2024

Public Hearing

Hear evidence for or against a request made by Tim Seymore dba Seymore Franza Investments dba The Oaks on 37  for  assistance with a traffic impact study for the property located on State Hwy 37 S, Mt. Vernon, Texas  75457

Action Items:

• 2.Consider and act upon approval of incentive application from The Oak on SH 37 for reimbursement of traffic study and liftsation part of the infrustructure costs.

• 3.Consider and act upon approval of request made by Key Club for financial assistance with restroom facilities for CountryFest 2024.

• 4.Consider and act upon approval of Tom Mullin Consultant, LLC for economic development consulting.

• 5.Consider and act upon approval of Housing Analysis for North Corridor Development      by North Shore Solutions

Board Member Reports and Discussion
Gadlin Street and Frito Lay
2024/2025 budget

• 6.2024/2025 budget

Adjourn

         /s/ Mark Sachse                   
Mark Sachse - Board President            

ATTEST

      /s/  Kathy Lovier                   
Kathy Lovier– City Secretary                                                         
Posted 4:00 PM June 17, 2024

Persons with disabilities desiring to attend the meeting and without transportation may contact City Hall at 903-537-2252 for assistance.

The Mount Vernon Economic Development Corporation Board of Directors reserves the right to go into Executive Session at any time during the meeting with its attorney in accordance with Section 551.071; deliberate the purchase or sale of real property in accordance with section 551.072; deliberate personnel matters in accordance with 551.074; and/or deliberate regarding economic development negotiations. However, no action will be taken during the Executive Session because none is permitted by law.