AGENDA SUNNYVALE TYPE A DEVELOPMENT CORPORATION BOARD OF DIRECTORS WEDNESDAY, NOVEMBER 28, 2018 TOWN HALL 127 N. COLLINS RD. 5:00 P.M.

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1 AGENDA SUNNYVALE TYPE A DEVELOPMENT CORPORATION BOARD OF DIRECTORS WEDNESDAY, NOVEMBER 28, 2018 TOWN HALL 127 N. COLLINS RD. 5:00 P.M. CALL MEETING TO ORDER President calls meeting to order, state the date and time. State Members present and declare a quorum present. PUBLIC FORUM Citizens may speak on any matter other than personnel matter or matters under litigation. No actions or discussion will be taken until such matter is placed on the agenda and posted in accordance with law. Please observe the time limit of three (3) minutes. PRESENTATION 1. DISCUSS AND CONSIDER PRESENTATION FROM HOPE COFFEE SUNNYVALE. 2. DISCUSS AND CONSIDER PRESENTATION FROM COCREATE EXCHANGE SUNNYVALE. DISCUSSION / ACTION ITEMS 3. DISCUSS AND CONSIDER APPROVAL OF THE FOLLOWING REGULAR MEETING MINUTES: a. FEBRUARY 21, 2018 b. MARCH 21, 2018 c. APRIL 10, 2018 d. MAY 9, 2018 e. OCTOBER 10, DISCUSS AND CONSIDER APPROVAL OF THE FOLLOWING SPECIAL MEETING MINUTES: a. JANUARY 9, 2018 JOINT STRATEGIC PLANNING WITH 4A/4B b. APRIL 2, 2018 SPECIAL JOINT SESSION WITH 4A/4B c. APRIL 10, 2018 SPECIAL MEETING WITH 4A/4B/TC 5. DISCUSS AND CONSIDER THE UPDATED SEPTEMBER 2018 FINANCIAL REPORTING, AND RELATED FINANCIAL ITEMS. 6. DISCUSS AND CONSIDER THE OCTOBER 2018 FINANCIAL REPORTING, AND RELATED FINANCIAL ITEMS. 7. DISCUSS AND CONSIDER ECONOMIC DEVELOPMENT STRATEGIC PLAN AND GOALS. a. DOWNTOWN DEVELOPMENT 8. DISCUSS AND CONSIDER APPOINTING A MEMBER OF THE 4A BOARD TO SIT ON A DOWNTOWN VISION COMMITTEE.

2 9. DISCUSS AND CONSIDER MARKETING FLYERS AND WEBSITE FLIP BOOK FROM THE FLYER VIEW GROUP. 10. ECONOMIC DEVELOPMENT DIRECTOR UPDATES: a. JOINED THE DALLAS FORT WORTH MARKETING TEAM AS A PAYING MEMBER TO BE INCLUDED ON MARKETING TRIPS. b. LOGO ATTIRE c. GLAZER TRACT MASTER PLAN 11. DISCUSS FUTURE AGENDA ITEMS AND EVENTS a. NEXT MEETING IS JANUARY 9, 2018 AT 5:00 PM, BUT NEED TO LOOK AT MOVING AS THE ICSC EVENT IS JANUARY b. DECEMBER 5, 2018, 11:30 AM 1:00 PM, CHAMBER 4 TH ANNUAL AWARDS LUNCHEON, TOWN HALL. c. REGULAR TOWN COUNCIL MEETINGS DECEMBER 10. d. TOWN HALL CLOSED DECEMBER 24 TH, 25 TH, AND JANUARY 1 ST. EXECUTIVE SESSION Recess into executive session pursuant to Chapter 551, Subchapter D of the Texas Government Code: EXECUTIVE SESSION AGENDA: A. SECTION ECONOMIC DEVELOPMENT To deliberate the offer of a financial or other incentive to a business prospect. PROJECT TENANT PROJECT BATOR PROJECT ATMOSPHERE PROJECT BREAKFAST B. SECTION DELIBERATIONS ABOUT REAL PROPERTY To deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person. TOWN CENTER DISTRICT OVERLAY END OF EXECUTIVE SESSION Reconvene into open session and take any action necessary as a result of the Executive Session. A. SECTION ECONOMIC DEVELOPMENT To deliberate the offer of a financial or other incentive to a business prospect. PROJECT TENANT PROJECT BATOR PROJECT ATMOSPHERE PROJECT BREAKFAST B. SECTION DELIBERATIONS ABOUT REAL PROPERTY

3 To deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person. TOWN CENTER DISTRICT OVERLAY ADJOURN ALL LOCATIONS IDENTIFIED ARE IN THE TOWN OF SUNNYVALE UNLESS OTHERWISE INDICATED. FOR A DETAILED PROPERTY DESCRIPTION, PLEASE CONTACT THE BUILDING OFFICIAL AT TOWN HALL. PLEASE SILENCE ALL CELLULAR PHONES OR OTHER ELECTRONIC DEVICES WHILE IN ATTENDANCE AT THIS MEETING. THE SUNNYVALE 4B DEVELOPMENT CORPORATION RESERVES THE RIGHT TO ADJOURN INTO EXECUTIVE SESSION AT ANY TIME DURING THE COURSE OF THIS MEETING TO DISCUSS ANY OF THE MATTERS LISTED ABOVE, AS AUTHORIZED BY TEXAS GOVERNMENT CODE SECTION (CONSULTATION WITH ATTORNEY), (DELIBERATION ABOUT REAL PROPERTY), (DELIBERATIONS ABOUT GIFTS AND DONATIONS), (PERSONNEL MATTERS), (DELIBERATIONS ABOUT SECURITY DEVICES), AND (ECONOMIC DEVELOPMENT). THE TOWN OF SUNNYVALE IS COMMITTED TO COMPLIANCE WITH THE AMERICANS WITH DISABILITIES ACT (ADA). REASONABLE ACCOMMODATIONS AND EQUAL ACCESS TO COMMUNICATIONS WILL BE PROVIDED TO THOSE WHO PROVIDE NOTICE TO THE DIRECTOR OF COMMUNITY SERVICES AT AT LEAST 48 HOURS PRIOR TO THE MEETING. THE FOREGOING NOTICE WAS POSTED IN THE FOLLOWING LOCATIONS: SUNNYVALE ISD 417 E. TRIPP ROAD SUNNYVALE LIBRARY AT 402 TOWER PLACE I HEREBY CERTIFY THAT THE FOREGOING NOTICE WAS POSTED ON FRIDAY, NOVEMBER, 2018, IN THE FOLLOWING LOCATION AND REMAINED SO POSTED CONTINUOUSLY FOR AT LEAST 72 HOURS PRECEDING THE SCHEDULED TIME OF SAID MEETING: TOWN HALL AT 127 N. COLLINS ROAD RACHEL RAMSEY, TOWN SECRETARY

4 4A Economic Development Corporation Financial Statement September 30, 2018 (updated October 31, 2018)

5 Town of Sunnyvale 4A Monthly Finance Report September 30, 2018 (updated 10/31/18) Budget: Net Revenues/Expenses: Budget = $ 84, Actual = $ 1,174, Highlights: Revenues: MTD = $ 43, YTD = $ 1,314, Expenses: MTD = $ 7, YTD = $ 140, Net: $ 35, $ 1,174, Revenues: Sales Tax recorded YTD is $408, (11 months actual & 1 month accrual). Interest earned YTD is $9, Intergovernmental Transfers In total $746, and include Special Assessment activity of $58, and Proceeds from the sale of property at SE corner of Highway 80 & Collins Rd of $687,500. Gain/Loss on Sale of Assets is $149, Expenses: The YTD expenses total $140, The MTD expenses include routine payroll, Brown & Hofmeister (legal services), Dallas Regional Chamber (1/2 registration DFW local broker tour), TEDC (annual conference community sponsorship), Sunnyvale Chamber of Commerce (Business Expo Title Sponsor), McAlisters Deli (4A luncheon), and misc travel expenses for the IEDC Conference in Atlanta, Georgia. 4A EDC Fund Summary Amended Actual Budget YTD /30/2018 Beginning Fund Balance 1,156,410 1,156,410 Revenue Summary Sales Tax 353, ,760 Transfers In 56, ,352 Interest 5,070 9,784 Gain/Loss on Sale of Assets 0 149,431 Total Revenues 414,594 1,314,327 Expenditure Summary Operating Expenditures 330, ,284 Total Expenditures 330, ,284 Excess or (Deficit) Revenue/Expenditures 84,318 1,174,042 Total Fund Balance 1,240,728 2,330,452 Assigned - The Barn at Long Creek 0 54,000 Assigned - Hope Development 0 187,500 Unassigned Fund Balance 1,240,728 2,088,952

6 :43 AM TOWN OF SUNNYVALE PAGE: 1 BALANCE SHEET AS OF: SEPTEMBER 30TH, 2018 ACCOUNT # ACCOUNT DESCRIPTION BALANCE ASSETS ====== A - COMPASS BANK ACCOUNT 2,260, SALES TAX ACCRUAL 69, ,330, TOTAL ASSETS 2,330, ============== LIABILITIES =========== TRADE PAYABLES TOTAL LIABILITIES EQUITY ====== UNRESERVED FUND BALANCE 914, ASSIGNED THE BARN LONG CREEK 54, ASSIGNED HOPE DEVELOPMENT 187, TOTAL BEGINNING EQUITY 1,156, TOTAL REVENUE 1,314, TOTAL EXPENSES 140, TOTAL REVENUE OVER/(UNDER) EXPENSES 1,174, TOTAL EQUITY & REV. OVER/(UNDER) EXP. 2,330, TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 2,330, ==============

7 :40 AM TOWN OF SUNNYVALE PAGE: 1 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: SEPTEMBER 30TH, 2018 FINANCIAL SUMMARY % OF FISCAL YEAR CURRENT CURRENT YEAR TO DATE % OF BUDGET BUDGET PERIOD ACTUAL BUDGET BALANCE REVENUE SUMMARY 5100-TAXES 409, , ,155, ( 745,588.00) 5500-OTHER REVENUES 5, , , , ( 154,144.57) TOTAL REVENUES 414, , ,314, ( 899,732.57) EXPENDITURE SUMMARY 91-4A SALES TAX CORPORATI 330, , , , TOTAL EXPENDITURES 330, , , , REVENUES OVER/(UNDER) EXPENDITURES 84, , ,174, ( 1,089,724.14)

8 :40 AM TOWN OF SUNNYVALE PAGE: 2 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: SEPTEMBER 30TH, % OF FISCAL YEAR CURRENT CURRENT YEAR TO DATE % OF BUDGET REVENUES BUDGET PERIOD ACTUAL BUDGET BALANCE 5100-TAXES INTERGOVERNMENTAL TRANSFER IN 56, , , ( 690,077.98) SALES TAX RECEIPTS 353, , , ( 55,510.02) TOTAL 5100-TAXES 409, , ,155, ( 745,588.00) 5300-PERMITS, FEES & FINE 5500-OTHER REVENUES INTEREST EARNED 5, , , ( 4,713.79) GAIN/LOSS ON SALE OF ASSETS , ( 149,430.78) TOTAL 5500-OTHER REVENUES 5, , , , ( 154,144.57) TOTAL REVENUES 414, , ,314, ( 899,732.57)

9 :40 AM TOWN OF SUNNYVALE PAGE: 3 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: SEPTEMBER 30TH, A SALES TAX CORPORATI % OF FISCAL YEAR CURRENT CURRENT YEAR TO DATE % OF BUDGET DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL BUDGET BALANCE LABOR AND BENEFITS WAGES & SALARIES 39, , , TMRS 4, , PAYROLL TAXES 3, , EMPLOYEE INSURANCE 3, , TOTAL LABOR AND BENEFITS 51, , , SUPPLIES AND MATERIALS ADMINSTRATIVE SERVICES 20, , TOTAL SUPPLIES AND MATERIALS 20, , CONTRACTUAL SERVICES PROMOTIONAL SERVICES 35, , , , TOTAL CONTRACTUAL SERVICES 35, , , , TRAINING/DUES/SUBSCRIPT GENERAL OFFICE SUPPLIES 1, DUES, SUBSCRIPTIONS, MEMBERSHI 15, , , TOTAL TRAINING/DUES/SUBSCRIPT 16, , , CAPITAL OUTLAYS & PROJEC LEGAL SERVICES 7, , , BOND BRIDGE PAYMENTS 52, , OUTSIDE TRAINING EXPENSE 7, , , OTHER MISCELLANEOUS EXPENSE 2, , TRANSFERS OUT INDIRECT COSTS 12, , TOTAL CAPITAL OUTLAYS & PROJEC 81, , , CAPITAL-TOWN IMPROVEMENT MARKETING & INCENTIVES INCENTIVES 125, , SUNNYVALE CHAMBER SUPPORT/MEMB 1, , , TOTAL MARKETING & INCENTIVES 126, , , , CAPITAL-PARK/REC IMPROVEM TOTAL 91-4A SALES TAX CORPORATI 330, , , , TOTAL EXPENDITURES 330, , , , REVENUES OVER/(UNDER) EXPENDITURES 84, , ,174, ( 1,089,724.14)

10 4A Economic Development Corporation Financial Statement October 31, 2018

11 Town of Sunnyvale 4A Monthly Finance Report October 31, 2018 Budget: Net Revenues/Expenses: Budget = $ (71,633.00) Actual = $ 27, Highlights: Revenues: MTD = $ 32, YTD = $ 32, Expenses: MTD = $ 4, YTD = $ 4, Net: $ 27, $ 27, Revenues: Sales Tax recorded YTD is $31, (1month accrual). Interest earned YTD is $1, Expenses: The YTD expenses total $4, The MTD expenses include routine payroll, and misc travel expenses for the IEDC Conference in Atlanta, Georgia. 4A EDC Fund Summary As of 10/31/2018 Beginning Fund Balance (unaudited) 2,330,452 Revenue Summary Sales Tax 31,250 Transfers In 0 Interest 1,467 Gain/Loss on Sale of Assets 0 Total Revenues 32,717 Expenditure Summary Operating Expenditures 4,896 Total Expenditures 4,896 Excess or (Deficit) Revenue/Expenditures 27,821 Total Fund Balance 2,358,273 Assigned - The Barn at Long Creek 54,000 Assigned - Hope Development 187,500 Unassigned Fund Balance 2,116,773

12 :14 PM TOWN OF SUNNYVALE PAGE: 1 BALANCE SHEET AS OF: OCTOBER 31ST, 2018 ACCOUNT # ACCOUNT DESCRIPTION BALANCE ASSETS ====== A - COMPASS BANK ACCOUNT 2,297, SALES TAX ACCRUAL 65, ,362, TOTAL ASSETS 2,362, ============== LIABILITIES =========== DUE TO GENERAL FUND 4, TOTAL LIABILITIES 4, EQUITY ====== UNRESERVED FUND BALANCE 914, ASSIGNED THE BARN LONG CREEK 54, ASSIGNED HOPE DEVELOPMENT 187, TOTAL BEGINNING EQUITY 1,156, TOTAL REVENUE 32, TOTAL EXPENSES 4, TOTAL REVENUE OVER/(UNDER) EXPENSES 27, (WILL CLOSE TO FUND BAL.) 1,174, TOTAL EQUITY & REV. OVER/(UNDER) EXP. 2,358, TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 2,362, ==============

13 :15 PM TOWN OF SUNNYVALE PAGE: 1 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: OCTOBER 31ST, 2018 FINANCIAL SUMMARY 08.33% OF FISCAL YEAR CURRENT CURRENT YEAR TO DATE % OF BUDGET BUDGET PERIOD ACTUAL BUDGET BALANCE REVENUE SUMMARY 5100-TAXES 429, , , , OTHER REVENUES 5, , , , TOTAL REVENUES 435, , , , EXPENDITURE SUMMARY 91-4A SALES TAX CORPORATI 506, , , , TOTAL EXPENDITURES 506, , , , REVENUES OVER/(UNDER) EXPENDITURES ( 71,633.00) 27, , ( 99,454.08)

14 :15 PM TOWN OF SUNNYVALE PAGE: 2 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: OCTOBER 31ST, % OF FISCAL YEAR CURRENT CURRENT YEAR TO DATE % OF BUDGET REVENUES BUDGET PERIOD ACTUAL BUDGET BALANCE 5100-TAXES INTERGOVERNMENTAL TRANSFER IN 54, , SALES TAX RECEIPTS 375, , , , TOTAL 5100-TAXES 429, , , , PERMITS, FEES & FINE 5500-OTHER REVENUES INTEREST EARNED 5, , , , TOTAL 5500-OTHER REVENUES 5, , , , TOTAL REVENUES 435, , , ,550.21

15 :15 PM TOWN OF SUNNYVALE PAGE: 3 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: OCTOBER 31ST, A SALES TAX CORPORATI 08.33% OF FISCAL YEAR CURRENT CURRENT YEAR TO DATE % OF BUDGET DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL BUDGET BALANCE LABOR AND BENEFITS WAGES & SALARIES 40, , , , TMRS 4, , PAYROLL TAXES 3, , EMPLOYEE INSURANCE 4, , TOTAL LABOR AND BENEFITS 52, , , , SUPPLIES AND MATERIALS ADMINSTRATIVE SERVICES 10, , TOTAL SUPPLIES AND MATERIALS 10, , CONTRACTUAL SERVICES PROMOTIONAL SERVICES 36, , TOTAL CONTRACTUAL SERVICES 36, , TRAINING/DUES/SUBSCRIPT GENERAL OFFICE SUPPLIES DUES, SUBSCRIPTIONS, MEMBERSHI 7, , TOTAL TRAINING/DUES/SUBSCRIPT 7, , CAPITAL OUTLAYS & PROJEC LEGAL SERVICES 7, , BOND BRIDGE PAYMENTS 34, , OUTSIDE TRAINING EXPENSE 7, , LOCAL BUSINESS EVENTS (BRE) 10, , OTHER MISCELLANEOUS EXPENSE 2, , TRANSFERS OUT INDIRECT COSTS 12, , TOTAL CAPITAL OUTLAYS & PROJEC 73, , CAPITAL-TOWN IMPROVEMENT TOWN BEAUTIFICATION 100, , TOTAL CAPITAL-TOWN IMPROVEMENT 100, , MARKETING & INCENTIVES CAPITAL IMPROVEMENTS 100, , INCENTIVES 125, , SUNNYVALE CHAMBER SUPPORT/MEMB 1, , TOTAL MARKETING & INCENTIVES 226, , CAPITAL-PARK/REC IMPROVEM TOTAL 91-4A SALES TAX CORPORATI 506, , , , TOTAL EXPENDITURES 506, , , , REVENUES OVER/(UNDER) EXPENDITURES ( 71,633.00) 27, , ( 99,454.08)