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Agenda Item Report
Legislative Board: Buda Economic Development Corporation
Date: October 5, 2026
Contact: Shannon Cameron, Office Manager
Agenda Item ID / Number: 2026-712- / 7.1
 
ITEM TITLE:

Discussion and possible action to appoint officers of the Board of Directors, appoint directors to various board committees, and adopt a resolution reflecting such appointments.

 
 
1. EXECUTIVE SUMMARY

As directed by Section 3.02 of the EDC Bylaws, the Corporation's officers will be appointed annually by the Board at the regular October meeting.  Current Board Officer and committee members were polled to identify any requests for changes in existing placements.  At this time, all officers are ready to continue their service in their existing appointments and all committee members are also interested in remaining active on their assigned committees.

 

As a review, listed is the current assignments:

  • Officers
    • President   - Jim Niemie
    • Vice President - Megan Brown
    • Secretary/ Treasurer  - Betsy Urban
  • Committee Appointments  
    • LEAP Committee - Megan Brown, Julia Davis, Betsy Urban
    • Incentive Task Force - Jim Niemie, Betsy Urban
    • Land Committee - Evan Ture, Jim Niemie, Betsy Urban
    • Executive, Personnel, and Finance Committees - Jim Niemie, Megan Brown, Betsy Urban
    • HCEDP - Jennifer Storm
    • Committee Alternate - Matt Smith

 
2. BACKGROUND/HISTORY

As new members are appointed to the Board, the Board elects new officers and appoints committee positions. Officers:

  • President- Controls and supervises all of the corporation's affairs; presides overboard meetings; and signs agreements on behalf of the EDC with board approval;
  • Vice President- Acts as President when the President is unavailable; other duties as assigned by the board;
  • Treasurer- Has charge and custody of all of EDC's funds; can delegate some duties but must maintain supervision;
  • Secretary- maintains EDC corporate records, minutes, etc.

 

Committees:

  • LEAP Incentive Committee:  Three Buda EDC Board Members  The Buda Economic Development LEAP Small Incentive Committee focuses on the Buda Business Development Program, which gives up to $10,000 yearly to Buda-basedbusinesses. This program aims to attract businesses, encourage investment, and retain current businesses. The Incentive Committee works with the Business Engagement Manager to design, promote, and award these incentives. This committee meets monthly to review applications and then recommends them to the board.
  • Incentive Task Force: President, 1 Buda EDC Board Member The Incentive Task Force reviews large incentive applications and gives input on policy. This task force meets with 3 city staff, the CEO, and the assistant director twice a month. They review applications and offer recommendations on incentive amounts for businesses. This incentive attracts businesses looking to relocate or invest here or incentives a current business to expand and grow. Incentive offerings can be tax credits, abatements, or financial assistance.
  • Land Committee: Council Member, President, 1 EDC Board Member      The Land Committee will assist the CEO in overseeing the guidelines and reviewing opportunities for the lease or purchase of property.
  • Executive Committee:  The Executive Committee comprises the Buda EDC Officers. It is responsible for providing strategic leadership and overseeing the organization's overall direction. It serves as a central decision-making body and ensures that the organization operates in accordance with its mission, vision, and objectives. The Executive Committee works with the CEO. This committee meets on an as-needed basis to review personnel and finance matters. 

 
3. ANALYSIS

 
4. FINANCIAL IMPACT
NA

 
5. STRATEGIC PLAN/GOALS
 
6. STRATEGIC PLAN OBJECTIVES
 
7. PROS AND CONS

 
8. ALTERNATIVES
 
9. REQUESTED ACTION / SUGGESTED MOTION / RECOMMENDATION

 
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