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Well, good evening, everyone, and welcome to the Benbrook Economic Development Corporation's

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regular board meeting for December 15, 2025. I call the meeting to order at 7 p.m.

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First Order of Business tonight will be Citizens Public Forum. It's an opportunity for citizens wishing to make

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a comment on any agenda item. It's an opportunity to do so. Do we have anyone tonight?

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No one tonight.

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So with that, we'll move on to our next agenda item,

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which will be to approve the November 17th, 2025

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regular board meeting minutes.

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The board has had an opportunity to review those minutes.

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And if there are no other questions or comments concerning the minutes,

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I'll ask for a motion to approve.

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Mr. Casey.

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I make a motion to approve the meeting minutes

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from the regular board meeting of November 17th, 2025.

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Thank you.

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Is there a second,

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Ms. Melton?

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I'll second the motion.

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We have a motion and a second.

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And with that, we'll proceed with the vote.

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And the motion to approve the minutes passes.

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We'll move on to the next agenda item tonight,

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which will be the director's report.

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At this time, I'll ask Ms. James to provide our financial report

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for the period ending November 30th, 2025.

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Thank you, Mr. President.

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The board did receive $151,529.69 for the month of November for your half-cent sales tax revenue.

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This brings your total collections for your calendar year to $2,127,308.12.

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In terms of liquid assets for the month, the board does have their checking account as well as their investment account.

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Your checking count balance as of 1130 equals $3,347,070.15.

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In addition, your investment account balance was $4,260,227.93.

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This brings your total liquid assets for the month of November to $7,607,298.08.

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Your revenue for the month of November included your sales tax revenue, as well as your interest

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earned on both of your accounts of $18,880.36, as well as your franchise payment fee of $1,224.42.

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This brings your total revenue collections for the month of November to $171,634.47.

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The expenditures for the board for the month of November include your total operating expenses

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of $27,786.

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Your pending project balance of $1,551.76 in addition to your operating expense brings

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brings your total encumbered funds for the month to $1,579,671.92.

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So if you look at your overall fund balance as of November 30, 2025, it includes your

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liquid assets of the $7,607,298.08, as well as your encumbered funds of $1,579,671.92,

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which brings your total fund balance to $6,027,626.16 and with that I'll be happy to answer any questions that the board might have.

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Thank you, Ms. James. Are there any questions from our board members?

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Alright, thank you.

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The next agenda item was to be an executive session and there is a change tonight's agenda.

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And an executive session is no longer required tonight and as a result has been canceled.

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So without the executive session, we'll move on to our next agenda item, which is adjournment.

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And with that, I adjourn the Bembrick Economic Development Corporation's regular board meeting

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at 7.04 p.m.