Min - Economic Development Corporation - 2017 - 12/12 - Special CalledALLEN ECONOMIC DEVELOPMENT CORPORATION (AEDC)
BOARD OF DIRECTORS SPECIAL CALLED MEETING
TUESDAY, DECEMBER 12, 2017
Board Staff Guests
Michael Schaeffer Dan Bowman Drew Steffen
Chris Schulmeister David Ellis Tyler Baker
Jeff Burkhardt Pete Smith
Joey Herald
Tim Litinas
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With a quorum of the Board present with members Michael Schaeffer, Chris Schulmeister, Jeff
Murkhardt, Joey Herald and Tim Litinas in attendance, the Special Called Meeting of the Allen
Economic Development Corporation (AEDC) Board of Directors was called to order by Presidemi
Schaeffer at 8:20 a.m. on Tuesday, December 12, 2017, at the AEDC Office.
1. Convene into Closed Executive Session: Pursuant to Texas Government Code, Section 551.087.,
Deliberation of Economic Development Negotiations: To Deliberate Commercial and Financial
Information and Economic Incentives for the Following:
a. Consider Amendment of Economic Development Incentive Agreement with Hines J
Allen Project LLC R
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between the AEDC and Hines JP Allen Project LLC, to amend Section 43(b) for the date oAgreemen f zoning
approved to February 28, 2018, and to increase the amount of the grant to $275,000.
These Minutes approved this 17"' day of January, 2018.
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Michael Schaeffer, President Tim Litinas, Secretary / Treasurcr