NOTICE OF REGULAR MEETING OF THE
CITY OF BUDA 4B CORPORATION
BUDA MUNICIPAL COMPLEX - COUNCIL CHAMBERS ROOM 1098
405 E. LOOP STREET, BUILDING 100
This notice is posted pursuant to the Texas Open Meetings Act. Notice is hereby given that the City of Buda 4B Corporation (Buda Economic Development Corporation) will hold a regular board meeting at the date, time, and place noticed above at which time the following matters will be discussed and acted upon. ALL AGENDA ITEMS ARE SUBJECT TO ACTION BY THE BOARD.
1. CALL TO ORDER
President Jim Niemie calls the meeting to order.
2. ROLL CALL
Board Members
President Jim Niemie
Vice President Megan Brown
Secretary/Treasurer Betsy Urban
Board Director Evan Ture
Board Director Julia Davis
Board Director Matt Smith
Board Director Christie Pogue
Buda EDC Staff/Attorney
Chief Executive Officer (CEO) Jennifer Storm
Director of Operations Shannon Cameron
Assistant Director Recruitment & Development Brian Dryer
Assistant Director Small Business Initiatives Jacqueline Martinez
Assistant Director Marketing & Communications John Costilla
Attorney Josh Brockman Weber
3. PUBLIC COMMENT/PUBLIC TESTIMONY
Members of the public who wish to participate in Public Comment or offer Public Testimony must complete a sign-in form and turn it into the Chief Executive Officer before the period provided for Public Comment and Public Testimony is called for consideration by the presiding officer.
4. PUBLIC HEARING
In accordance with Texas Local Government Code Section 505.158 and 505.159, the City of Buda 4B Corporation, a Texas non-profit 4B economic development corporation (Buda EDC), will receive public comments related to the following projects considered by the EDC as follows:
Restructured financial incentives for Project Sprinter not to exceed a total amount of Four Million Nine Hundred Fifty Thousand and No/100 Dollars ($4,950,000.00) in exchange for economic development obligations to the EDC.
Promotional Partnership with Keeping Communities Connected for Two Thousand Five Hundred and No/100 Dollars ($2,500.00) in support of Buda's 7th Annual Black History Month.
5. STAFF REPORTS OF BUDA EDC MONTHLY ACTIVITIES- DISCUSSION ONLY - NO ACTION TAKEN
(1) CEO Report on operations and activities;
(2) Staff Report on recruitment and development activities;
(3) Staff Report on entrepreneurial initiatives;
(4) Staff Report on business retention and expansion (BRE) activities;
(5) Staff Report on marketing activities.
6. ITEMS OF COMMUNITY INTEREST
Pursuant to Texas Government Code Sec. 551.0415, a member of the Board or Buda EDC staff may make an announcement about items of community interest during a meeting of the governing body without having given notice of the subject of the announcement. "Items of community interest" includes:(1) expressions of thanks, congratulations, or condolence; or (2) information regarding holiday schedules; (3) an honorary or salutary recognition of a public official, public employee, or other citizen, except that a discussion regarding a change in the status of a person's public office or public employment is not an honorary or salutary recognition for purposes of this subdivision; (4) a reminder about an upcoming event organized or sponsored by the governing body; (5) information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the political subdivision.
7. CONSENT AGENDA [PUBLIC TESTIMONY]
All matters listed under this item are considered to be routine by the Buda Economic Development Corporation and will be enacted by one motion. There will not be a separate discussion of these items. If discussion is desired by any Board Member on any item, that item will be removed from the consent agenda and will be considered separately.
Approval of the November 2025 Financial Report.
Approval of the November 2025 Meeder Investment Report.
Approval of the December 8, 2025, Regular Board Meeting Minutes.
8. GENERAL AGENDA ITEMS
9. EXECUTIVE SESSION
The Buda Economic Development Corporation Board of Directors will recess its open meeting and adjourn into executive session pursuant to the Texas Government Code, Chapter 551, to deliberate the following:
Gov't Code Sec. 551.072 - Deliberation regarding real property:
1. Project Island
2. Project Land - Fore
3. Project Stapler
4. Project Old School
Gov't Code Sec. 551.087 and Sec. 551.071 - Economic Development Negotiations and
Consultation with attorney regarding performance agreement obligations:
- Project Sprinter
10. RECONVENE INTO OPEN SESSION
The Buda Economic Development Corporation Board of Directors reconvenes into open session to discuss, consider, and/or take any action necessary related to any of the items noticed for discussion during executive session.
Discussion and possible action to authorize the Buda EDC president to execute a realtor representation agreement, purchase agreement, and earnest money deposit and due diligence expenses not to exceed Twenty-Five Thousand and No/100 Dollars ($25,000.00) for Project Land - Fore for the potential purchase of real property to be authorized at a later time by the Buda EDC Board and City Council.
Discussion and possible action to approve financial obligations and a performance agreement not to exceed Four Million Nine Hundred Fifty Thousand and No/100 Dollars ($4,950,000.00) for Project Sprinter in exchange for economic development obligations to the EDC.
11. FUTURE AGENDA ITEMS
12. ADJOURNMENT
I, the undersigned authority, do hereby certify that the above Notice of Meeting of the Governing Body, was posted on the bulletin board in front of Buda City Hall, which is readily accessible to the public at all times, by 6:00 pm on January 6, 2026.
It is anticipated that members of other governmental bodies, and/or city boards, commissions and/or committees may attend the meeting in numbers that may constitute a quorum of the body, board, commission and/or committee. Notice is hereby given that the meeting, to the extent required by law, is also noticed as a possible meeting of the other body, board, commission and/or committee, whose members may be in attendance, if such numbers constitute a quorum. The members of the boards, commissions and/or committees may be permitted to participate in discussions on the same items listed on the agenda, which occur at the meeting, but no action will be taken by such in attendance unless such item and action is specifically provided for on an agenda for that body, board, commission, or committee subject to the Texas Open Meetings Act.
This agenda has been reviewed and approved by Buda Economic Development Corporation’s legal counsel and the presence of any subject in any Executive Session portion of the agenda constitutes a written interpretation of Texas Government Code Chapter 551 by legal counsel and constitutes an opinion by the attorney that the items discussed therein may be legally discussed in the closed portion of the meeting considering available opinions of a court of record and opinions of the Texas Attorney General known to the attorney. This provision has been added to this agenda with the intent to meet all elements necessary to satisfy Texas Government Code Chapter 551.144(c) and the meeting is conducted by all participants in reliance on this opinion.
The Buda Economic Development Corporation reserves the right to adjourn into Executive Session at any time regarding any issue on this agenda for which it is legally permissible. The meeting venue is wheelchair accessible and accessible parking spaces are available. Requests for accommodations must be made 72 hours prior to the meeting. Please contact the Senior Administrative Associate at 512.295.2022 for information or assistance.