WeatheoCordEDAWeatherford Economic Development Aufl]ority, Inc.

Weatherford

1 IW erro

EconomicOevefop men

Auth0rl ,In¢,

WEATHERFORD ECONOMIC DEVELOPMENT AUTHORITY, INC.

BOARD OF DIRECTORS REGULAR MEETING

Thursday, September 16, 2010

9:00 AM.

393 Palo Pinto St., City Hall, Downstairs Training RoomWeatherford, TX 76986

AGENDA

Call Meeting to Order.

1. Welcome to new Board Member.

2. Approval of the minutes from Regular meeting held June 17 & August 19, 2010.

3. Review and Consider Action on Monthly Financial Reports - June, July & August, 2010

4. Review and Consider Action on 3rd Quarter FY 2009-10 "Quarterly Economic DevelopmentReport", (April 1, 2010 - June 30, 2010).

5. Review and Consider Action on 2010-2011 Budget and Funding Request to the City.

6. Discuss and Consider Action on action-plan and timeline for industrial park search.

7. Update on Economic Development Program Activities -August, 2010.a. July (August) 2010- Key Economic Indicators.

8. Executive Director's Reports- August, 2010

g, Citizen Comments on Non-Agenda Items:Residents may address the Board regarding an item that is not listed on the agenda, Residents must eomolete a reafstraI[on card and orovide theirname and address. The Board requests that comments be limited to three (3) minutes. The Texas Open Meetings Act provides the following:(a) if, at a meeting of a governmental body, a member of the public or of the governmental body inquires about a subject for which noPce has not

been given as required by this subchapter, the notice provisions of this subchapter do not apply to:(1)A statement of specific factual information given in response to the inquiry; or(2)A recilalion of existing po}icy in response to the inquiry.

(b) Any deliberation of or decision about the subject of the inquiry shall be limited to a proposal to place the subject on the agenda for a subsequentmeeting.

10. Set date, time, and place of next meeting.a. Discuss and consider Action on regular meeting date.b. Thursday, October 21, 2010 - (Third Thursday), 9:00 AM

Adjourn.

I, the undersigned authority, do hereby ceriify that this Notice of Meeting was posted on tbe bulletin board at the City Hall of tile City of VTeatber ford,

Texas, a place comenient and readily ,accessible to the general public at all times, mid said Notice was posted on the following: September2010, at__ A.M./P.M., mid remained so posted at least 2 bouts after said meeting '.;'as convened.

Laura Simonds, City Secretary

202 W, Oak St,{817} 594-9429

FI .41HERFORD ECCL'¢OtIIC DE; TLOPIIE'.T.lU.rlHCR/II; LY(

PO BOX 2,55 Weatherfordl TX 76086Fax (817) $94-4786 E-nlail= dc;lavton ',veatherfordt (,taov

Weatherford

QUARTERLY REPORT - KEY SUMMARY OVERVIEW:3rd Quarter FYE 2010 Economic Development Activities

WeatherfordEconomic

DevelopmentAuthority

Inc.

April 2010 thru June 2010Dennis W. Clayton, CEcD, Executive Director

38 Prospect Proposals: 10 Local, 12 Dallas/Fort Worth area, 6 In-State and 10 Out-of-State. YTD 2010

86 ProspectsA. 23 Prospect Proposals: 9 local; 8 DFW area; 4 In-State; and 4 Out-of-State.

>

>

>(speciality).

B. 15 ICSC RECon Tradeshow Prospects; 1585 new jobs and an estimated capital investment of $159million. 6 DFW, 6 Out-of-State, 2 In-State and 1 local.> 6 Retail Outlets: 335 new jobs, $32.0 million estimated capital investment, 4 Out-of-State and

2 In-State - 2nd-G restaurant re-development, franchise sandwich shop, franchise motel

extended stay, discount clothing (3 concepts), prominent area grocer, and grocer anchor.>9 Shopping Center Developers: 1,250 new jobs and estimated $127.0 million capital investment

3 Out-of-State, 5 DFW area, and 1 local. - Center development and construction, 4 centerdevelopers, regional grocer center developer, outlet mall, commercial/industrial developer on WestLoop, and 15 acre Weatherford Park Center.

9 Retail (39.1%): Center development/convenience store/fueling; 3 grocery discount specialty/Gourmet & regional anchor; 50 acre center developer/owner; regional grocer; chain restaurant; 40acre shopping center anchor; and shopping center developer/investor.7 Commercial/Services (30.4%): Call center (medical device logistics), equine vacine lab/serummanufacturer, Back office tech supportJHR; Apartments (motel re-development); bowling/fitnesscenter; construction/maintenance & remodeling services, and medical services (physical therapy).4 Industrial/Manufacturing (17.4%): Project Lift-truck and trailer manufacturer/welding; 2-Naturalgas services; rnanufacturer of odor control equipment/secuiity system equipment & HQ.3 Start-up/Entrepreneur (13.0%): 3 Retail - Car6; local restaurant and women's clothing

50110

88 86

40

30.

20

10

7O45

1,',* , i .i .

so

30

to-1o. • .

RetNI Industrial Commercial Prospec s Site Vislts BRE Visits

11 Site Visits with 825 new jobs and (est.) capital investment of $82.5 million. 4 Local; 3 from the DFW/Area; 3 from In-state and 1 from Out-of-State.

6 Retail - Center development & convenience store/fueling anchor; franchise restaurant (customerbase survey); new regional grocer (site search - Weatherford & Hudson Oaks)2 Commercial - Apartments (motel revevelopment) and indoor youth entertainment/activities3 Industrial/Manufacturing - Natural gas service; natural gas compressor rental & repairs;Manufacturer of odor control equipment/security systems equipment & HQ.

42

8 Business Retention & Expansion (BRE) Visits which employ1,675/180 visitors, Year-to-Date: 22 Business visits, employing 2,333jobs/180 visitors.

28 REQUESTS FOR INFORMATION (RFI's): 18 from Local; 9 from theDFW area; and 1 from Out-of-State. YTD 2010 - 90.

2o011

150

RFi's

19

Economfc Development Program

Weatherford Economic Development Authority, Inc.

FY 2010-201t (October 1, 2010 thru September 30, 201 t)

ProPosedOPERATING BUDGET & FUNDING REQUEST - Initial Submission

"Wear hel'for

D , lOprnentAutboriW*

[n¢*

2008-2009ACTUAL

to City of WeatherfordMay 10, 2010

Revenue

050 ED Services - City ofWeathefford

050 Sponsorships

070 Interest

$247,281$7,156

$192

PROJECTED 2009-2010APPROVED (revised) ACTUAL ACTUAL YTD

2009 2010 2609-2018 Expenses to DateOPS BUDGET DPS BUDGET 31-Aug-10

SUPPLIES

200 Office Supplies

210 Postage & Shipping

220 Furniture/Equipment

230 Miscellaneous

Subtotal SUPPLIES

SERVICES

390 Occupancy- FacEity Lease

305 UtilitiesllnsurancelMaintenance

310 Dues and Subscriptions

315 Publications & Articles

320 Computer Services

330 Telephone

340 Legal/Accounting/Bookkeeping/AUDIT

341 Prospect Eco Impact Analysis & Accounting Exp

342 ED Studies & Contraetservices

350 Equipment Maintenance & Lease

360 Adve s[ng & prospect lead services

365 Public Relations

370 Meetings & Expenses

371 Prospect Meetings & Expenses

375 Printing

390 Misc Services

Subtotal SERVICES

SUBTOTAL SERVICES & SUPPLIES

TOTAL

Revenue Over (Under) Estimated Budget Expenditures

Estimated Oarryover/Eeginn]ng Fund Balance

NET FUND BALANCE - Revenue Over (Under)

$86

Subtotal SALARIES ANO BENEFITS $176,703

$129,708$0

$5,177$19,752$11,564$10,322

$95

$4,520

$2 166$6,229$2,569

$250$0

$4,937

$950$1,572$2,856

$20,453$250

$9,098$821

$4,696$98

$77,0381

$29,061 []$25,428 []

3alaries and Benefits

01-103 Salaries

2011 Employee Fedough Suppfeme

110 Auto Allowance

120 Retirement

130 Medical Insurance

140 FiCNMedicare

150 Worker's Compensation

160 Texas Workfo{ce Commission

SuEtotal REVENUE $254,6302.0 FTE

1

I $220,584$3,500

$220,414 sg2o,564$7,418

$144

t6-Sep-102010-2011

City OPS BUDGET &FUNDING REQUEST

FYE Sept 2011

_ $215,400$3,500

$150

$224,0842.0 FTE 2.0 FTE 2.0 FTE

$130,504 $129,252 $130,672$0 $0 $6,42'

$5,400 $3,1 0 $5,400$20,852 $20,641 $20,852$11,460$10,328

$269 $269 $269$540

$228,146

$11,460$10,328

$540

$219,050

$10,328

$228,146

$117,600

80

82,700

818,530

$11,475

$9,733

8211

$378

._ $179,353 $175,640

$2,137 J L $1,o92j L $ o

$1,291 ] L $0 $200 [

$3-5

$5,100 $3,305

L0 $0$9,000 $5,200$2,800 $2,300

$250 $250$500 $40

$4,800 $1,200$500 i $20

$1,000 $575$0 $800

$3,600 $3,600$10,000 $10,000

$250 $250$9,060 $9,000$6,509 $6,900$4,000 $6,000

$200 $200

$52,400 [ $46,335

$57,500 _._ $49,640$226,280

)H $2,866

$25,428 $25,428

$12,659] $28,294

$186,017

$2,000$1,500

$5OO

$4,200

$o$6,000$2,8OO

$250$500

$3,500$5,OOO$1,100$3,500$3,600$8,000

$25o$9,000$4,500$4,000

$2OO

[] $52,200$56,400

$28,294

$4,927

$160 634

196252

957.45

68.16

32

$3,020

0

2310.71

2281.7

0

39.94

1149.33

18 3

574194

800

2784.1

6915 5

50

7319.21

6867.93

2957.62

O

$34,069

$37,089

$t97,724

$30,422

$25,428

$55,E50

23

'pFE Weatherf°rdI, •

DeVelopmentAuthority,

Inc.

May I0, 2010202W. Oak St,

PO Box 255Weathefford,Texas 76086

Mr. Jerry Blaisdell, City ManagerCity of WeatherfordP.O. Box 255Weatherford, Texas 76086

RE: Proposed FY 2010-2011 Operating Budget & Funding RequestWeatherford Economic Development Authority, Inc.

Dear Jerry,

It is my pleasure to submit to you the referenced proposed WEDA FY 2010-2011Operating Budget & Funding Request as required by our Economic DevelopmentServices Contract with the City.

We are requesting a total of $215,400 in funding from the City. This proposedbudget and funding request will be presented to and acted upon by the WEDABoard of Directors on Thursday, May 20, 2010. Any resulting adjustments andrevisions will be submitted to you immediately thereafter.

If you or the City Council have any questions, please do not hesitate to call me. Iam available as needed to present and review this request with the City Council andthe Municipal Utility Board as may be desired.

Dennis W. Clayton, CEcD, AIA 'Executive Director

mc: Ms. Janina.]ewell, CGFO, CIAChief Financial Officer

WEATIIERFORO ECONOHIC DEVELOPMENT AOTHORZTY, INC. 2 4(817) 594-9429/(817) 598-4302 Fax (817) 594-4786 E-mall: dclavtonCeweatherfordtx.aov_

Economic Development Program

Weatherford Economic Development Authority, inc.

FY 2010-2011 (October l, 2010 thru September 30, 2011)

P r__Eg#osed

OPERATING BUDGET & FUNDING REQUEST - Initial Submission

,Veathel'fortl

[nc,

to City of WeatherfordMay 10, 2010

Revenue

050 ED Services - City of Weatherford

050 Sponsorships

070 Interest

Subtotal REVENUE

Salaries and Benefits101-103 Salaries

110 Auto Allowance

120 Retirement

130 Medical insurance

140 FICA/Madicare

150 Worker's Compensation

160 Texas Workforca Commission

10-May-1O

PROJECTED 2010-2011APPROVED (revised) ACTUAL City OPS BUDGET &

2008-2009 2009-2010 2009-2010 FUNDING REQUESTACTUAL OPS BUDGET OPS BUDGET FYE Sept 2011

$192 $170

$254,630 $224,084 $227,532 []

2. 112.0 FTE 2.0 FTE$129,708 $130,504

$5,177 $5,400

$19,752 $20,852$11,564 $11,460$10,322 $10,328

$95 $269$86 $54O

$176,703 $179,353

ERVICES

300 Occupancy- Facility Lease

305 Utilities/In s u ran ce/M ainle n ance

310 Dues and Subscriptions

315 Publications & Articles

320 Computer Services

330 Telephone340 LegallAccountingtBookkeepinglAUDIT

341 Prospect Eco Impact Analysis & Accounting Exp

342 ED Studies & Contract services

350 Equipment Maintenance & Lease

360 Advertising & prospect lead services

365 Public Relations

370 Meetings & Expenses

371 Prospect Meetings & Expenses

375 Printing390 Misc Services

Subtotal SERVICES

SUBTOTAL SERVICES & SUPPLIES

TOTAL

Revenue Over (Under) Estimated Budget Expenditures

Estimated Carryover/Beginning Fund Balanca

,lET FUND BALANCE - Revenue Over (Under)

3UPPLIES

200 Office Supplies

210 Postage & Shipping

220 Furniture/Equipment

230 Miscellaneous $0

Subtotal SUPPLIES $4,520

$2,137$1,092$1,291

$23,166$6,229$2,569

$25O

$0

$4,037$0

$950$1,572$2,850

$20,453$250

$9,098$821

$4,696$98

$77,038 $52,400] $45,050 - $52,20

$81,559 $57,500 $49,250 $56,400

$.

. $ $224,890 $237,067

) _ ($12,769)U $2,642 ($18,017

$29,061 ] $25,428 $25,428 ] $28,071

$12,659.. $26,071 [ $10,054

Subtotal SALARIES AND BENEFITS

$2,600 $2,000$1,800 $1,500 $1,500

$500 $500$200

$5,100

$0 $0 $0$9,000 $6,000$2,800 $2,400 $2,800

$250 $250 $250$5O0 $0

$4,800 $2,000 $3,500$50O $50O $ 000

$1,650 $1,100$1,000$0

$3,600 $3,600 $3,600$10,000 $8,000 $&O00

$250 $250 $250$9,000 $8,500 $9,000$6,500 $5,000 $4,500

$4,000$4,000$200

$175,640

$200

$8OO

$6,000$100

$219,0502.o

I$130,672 (

$5,400$20,852

--$42-1686$10,328

$269

$180,667

$2,000

$500

$4,200

$6,000

$500

$3,50C

$200

25

Industrial Traffic Routes & Industrial Park LocationsWeathefford, Texas

FM 51 to Decatur &

Bridgeport

Hobson h dustriN Park

[ 'l I¢.--i i..

i

I circa. 2014"West Loop"

i

.f"

I

;L-i . !i-

L

2007 Annexation

j"

; !

j,

e*/

,/Eiit 406

d

; I t

-" %

/ l

'.

,Exit-4

Ic 'i

2007 Annexatio[

I

:irca. 2014'West Loop"

f

iJ

' r

' i

;) to Fort & IH 20i I

.. "--,.coo. :-L_->

it ,, "-2.. 3E×it 410 :

"4,anta e D',I

,... ,f I :..:., It. Banlchead Dr

' i'-] i , . ,," ' ,-f , gankhead ndustna Park

i

I

Hwy 171/FM 51 to Cleburne & Granbury

MONTHLYECONOMIC DEVELOPMENT ACTIVITIES REPORTAugust 20t0Weatherford Economic Development AuthorityDennis W. Clayton, CEcD, Executive Director

Weatherford

EconomicDevelopment

Authority,Inc,

11 Prospect Proposals: 405 new jobs and capital investment (est.) of $24.1 million. 2 local, 5 fromDallas/Fort Worth area, 2 In-State and 2 from Out-of State. YTD - 108[

> 2 Retail: Franchise restaurant and existing Fast-food restaurant purchase.3 Commercial/Services: Chiropractic Office, Medical family clinic, Signs and graphic design.

> 5 Industrial/Manufacturing: Large manufacturer, Manufacturer warehouse, Manufacturer-"Green"energy storage systems, Scrap metal/recycling, and Freight trucking.

> 1 Start-/Entrepreneur- Local investor to purchase and manage existing industrial or retail franchise.

4960

40

30

20

10

0

40

b 36 3'

Retail Industrial Commercial Prospects Site Visits BRE Visits

.Site Visits_: None this month. YTD - 36

2 New Business Developments: 190 to 220 new jobs, $45 million capital investment, $650,000 ST/yr;$250,000 AV tax/yr, a) Convenience Store and fueling center - 20 jobs, $3.0 million CI, $145,000 STax/yr;b) 23 acre shopping center development - 170 to 200 jobs, $42 million CI, $500,000 STax/yr and $240,000AV tax/yr; c) CC public improvements and economic development agreements.

5 Business Retention & Expansion (BRE) Visits: which employ 657- 200Dental Lab Associates, Wound Care/Hyperbaric Center opening; JAMAK 150(day-labor resource), KFC restaurant (indirect), Hartnet recruitment agency.Year-to-Date: 32 Business visits, which employ 3501/180 visitors. 100

18 Requests for Information (RFI's): 14 local and 4 Dallas/Fort 50Worth area. YTD 2010- 121; YTD 2009- 165; YTD 2008- 141.

0Major Activities: RFre1. Office of the Governor - Eco Dev. & Tourism Division; N. TX & DFW Regional Rep. community visit.2. SBA-SBDC (Tarleton State/Granbury) consults at WEDA - 2 Retail/Entrepreneurs.3. Workforce resource - Day-labor/special project workers resource - JAMAK.4. Weatherrord Democrat interviews: a) IH construction and new retail business development opportunities,

b) S. Bowie shopping center development, c) City unemployment rate down.5. Existing business relocation briefing with City Manager's office and Mayor.6. City P&D staff meeting - special interest zoning location search.7. WRMC Dr. Grimes Wound Care/Hyperbaric Clinic - Chamber ribbon cutting and open house.

Weatherford Economic Development Authority, Inc.202 W. Oak StlPO Box 285 817.694.9429/817.598.4302 Weatherford, TX 76086 3 4

Weatherford

We Jtl,mo td

Key Economic Indicators "On- the - Watch!" ......July (August) 2olo[ Caution[ "improvements/qains" © are over recession "Lows" ®]

110.

90.

A. ProspectActivity! July 2010- 8 prospects( ; YTD = 94! ©. ,o1. FY 2010: Ist Qtr: 21 prospects; 2nd Qtr: 27 prospects; 3rd Qtr: 38 prospects, 0

2. 3'd Qtr: Include +15 ICSC retail prospects in May. 0

10

B. Sales Tax Revenue to City: -10Auqust (June sales): $764,631.55 M to M = +9.73% ©!;2010 YTD: $5,316,463 YTD 2009:$5,636,012 = (- 5.66%}@!July (May sales) ): $641,505M to M = +5.75% ©.

C. 2010 Population qrowth - NEWH 2010 NCTCOG Estimate (April 2010) City @ 27,050 (+ 1.50%) ©;County @. 126,000 (+1.65%) ©;

D. Residential Construction Permits: July 2010:10 vs. July 2009: 10, ©1. W'fd YTD: 81 vs. 68 = +19.12% ©

a) Average YTD value is "DOWNI" @ $154,463 vs. $162,295 (-4.83%) ®!;2. PC YTD: 110 vs. 118 (-6.78%) ; July: 16 permits vs. t6 ©!

a) Average YTD value is "DOWN" @ $158,107 vs. $167,594 (-5.66%) ®13. MLS - SOLD Listings: July 2010 - 93 vs. 146 (-36.30%} ©;YTD. 1813 vs. 1442, +25.73% ©;

a) Average YTD value is UP @, $174,866 vs. $174,386, +0.28% ©; YTD Avg. Days on market =

E. Commercial Construction Permits: W'fd YTD: 47 vs 48 ®July 2010 - 10 permits vs. 4 ©;1, W'frd YTD Value: UP $12 064 883 vs, $8,304,038 +45.29% ©,2. PC YTD 52 vs. 56', July: 12 permits vs. 61 ®;3. W'fd 47 vs. 52 PC "Total" = YTD - 90.38% in City of Weatherford.

F. 800.000 SF NEW Retail Center construction since 2005 - approx. $1O8,00O.0OO construction:1. 2009 Openings: McAlister's Dell, AT&T Cellular, Eye Master's; Monarch Dental, Kincade's - OPEN!! new Package Store

under construction, Which Wich; The Children's PLACE, Fuzzy's Tacos,.

G. Unemployment RATE: July 2010: Weatherford -7.3%-DOWN! (933 unemp.); PC -7.8% - DOWN! .(4,298 unempii1. vs. FW/Arlington MD - 8.5% - SAMEI ; DFW-MSA- 8.5% - SAME!2. vs. Texas - 8.2% SA (8.5%) SAME!; U.S. - 9.5% SA (9.7%) UP!.3. Civilian Labor Force (CLF) - City UPI: 12,758 from 12,715(712009)lCounty DOWN[: 55,206 from 55,314 _ 1

H, Unique business sectors:1. NATURAL GAS SERVICES: Lower commodity price & less drillinq;

2010 New wells (drilling) in Parker County: 32 YTD (July 23'd) vs. 48 YTD 2009.a)

b) 2009 New wells (drilling) in Parker County: 61 YTD (Dec) 2009 (- 71.2.6%) ® vs.212 YTD in 2008c) Commodity Price (Futures): August 2010 - still FLAT! ® - Low - $4.09 (8/23); to Hiqh - $4,95 (8/03) ;

current - $4.26 {8/181/$4.09 (8/23). ®

2. MOTEL GROWTH: OCCUPANCY IS "IMPROVING'I 2nd Qtr 2010 UP! $1.947.060 vs. $1.630.738t2"d Qtr 2009)2010 Ist Qtr UP +4.9% © 2010 2nd Qtr UP +19.40%! ©; 2010 YTD +12.35%

2008 YTD (- 5.5%); 2009 YTD (- 37.6%)®;

HotePMotel Tax Receipts* 2nd Qtr. 2010 Taxable Receipts % Change Y to Y % Change 1Q to 2Q

2008 - 22 Motels 814 Rooms2009 - 24 Motels 998 Rooms $1,947,060 +20.56%2010 - 24 MoteIs 999 Rooms

$1,615,020 vs. $1,947,000+19.40%YTD Totals 2007 vs 2008

YTO Totals 2008 vs. 2009YTD Totals 2009 vs. 2010 (1Q + 2Q)

$10,450,713 vs.$9,874,324$9,874,324 vs. $6,I61.556

$3,170,348 vs. $3,562,080[$5,662,487 In 2008](.35.9%)

(- 8.92%)(- 37.6%}

+ 12.35%

[ Caution! "improvements/qains" © are over recession "Lows" ®] 3 5

THINKTHE

No Traffic Congestion.Professional Workforce.

Decision,

.- Quality AlternativeShovef Ready & H gh-OuolTIy

Mas er Plonned Business Porks

.75¢ /[f, o[I infrostr cture

1o property line

C" Strateglc Location

{- Generous Incentives

Weatherfor

EconomicDevelopment

Authority,Inc.

MONTHLYECONOMIC DEVELOPMENT ACTIVITIES REPORTEXECUTIVE DIRECTOR'S REPORT

August 2010Dennis W. Clayton, CEcD, Executive Director

Business Leadership Committee (BLC): August 11th - 9 members and 2 staff. Monthly activities and KeyEconomic Indicators; local exiting business outlook; new business investment and franchiseneeds/opportunities: a) downtown retail, b) local investor/manager, c) new bowling center investment.Report on West Loop R.O.W. taking, traffic counts at West Loop and 1-20, and city regs on old/vacantbuildings.

Development Activities:A. Retail:

1. Investor seeking existing/new business to purchase and operate - Retail franchise contact andbowling center contact.

2. N. TX Comm. Assoc. Realtor (NTCAR) EXPO Guide ad - Dallas Sept 2nd.

B. Industrial:1. Industrial Park - West Loop R.O.W. taking: a) appraiser site tour and interview; b) site aerial map/platprovided; c) initial offer to purchase received 8/31.

C, Commercial:1. Investor seeking existing business to purchase and operate - industrial, retail or commercial.

a) Business contacts; b) Banker contacts; c) Developer contacts.2. Medical center development at Fort Worth Highway & FM730 - Regional Clinic.

Other Major Activities:1. Economic Development Directory (Web) links - May: 1040 TX/82 Weatherford, June: 1607 TX/72

Weatherford; July: 939 TX/106 Weatherford.2. Chamber BB4B networking breakfast- Speaker, TX Representative Phil King.3. WISD Education Foundation Board meeting (member)-WISD TRE election review.4. WRMC Board of Trustees meeting (presiding chair).5. Chamber Board meeting - WEDA report and Key Economic Indicators.

Criteria "Not Met"1 PROSPECT which location "needs" could not be met, with 15 new jobs and an estimated $3.0 millioncapital investment. 1 In-State, > Industrial- Scrap metal/recycling needing City zoning/permitting and 6acres on interstate.

Weatherford Economic Development Authority, Inc.202 W. Oak St.IPO Box 255 817.594.9429/817.598.4302 Weatherford, TX 76086 3 8

WeatherfordTown SquarePre-leasing for Selectrestaurants and merchant

Limited Availabilityfor Entertainment &Rooftop Dining(concept showing proposed view from Unit !11)

* 50% sales tax abatement " ; ' :

I

ore=atmroved for Imperium tenants(sole d'emplo) nent qu lification thresholds apply)

* $176 million in untapped retailand restaurant potential revenueWithin Weathefford!(per Nielsen Clarilas, Civic Eco lomics)

* New city-sponsored events comingto the d0" atown square in Fall 2010

Allison Cook 972.385.1907 ext 300

" Historic Downtown CBD - Texas "Main Street" program.

• Downtown Retail & Commercial Growth & Revitalization!

• Banks, City, County, District Courts & Attorney offices.

• Active "York Street"& "Downtown CBD Square" Retail districts.

• Annual "Peach Festival"w 35,000 on 1-day.

• Annual "Christmas on the Square"w 10,000 on 1-day.

, Downtown CBD is 2-miles from IH20. -Main St. & US Hwy 1803-mile Demographics: Average HH Income - $65,725,

23,996 Population.

> 75,150 Population RETAIL TRADE AREA.* 1 -

/l l• '.," ,,.• Emerging Regional Retail Center on I H20. ,h- , .,, ,,, ,,r.,a,d, f

"Cutting Horse Capital of the World : _ -- - ' -2 2, .

t

Wcatherford Economic Dcvclopment Authm.ity, lnc202 W, Oak St. PO Box 256 Weatherford, Texas 76086

817.594.9429 Direct 8t7.598.4302 * FAX 817,594.4786d weatherfordtx qov www.weatherfordlxed a. gLq

MONTHL F CALENDARSun Mon Tue Wed Thu

25

12

19

5:30PM - Library ABoard

26

18

5 612:00 -Rotary (DossHeritage & CultureCenter

WISD Volley Ball & BB

1312:00- Rotary (DossHeritage & CultureCenter6:00-6:30pm CityCouncil Mtg (City Hail)

WlSD Volley Ball & BB

2012:00- Rotary (DossHeritage & CultureCenter

WISD Volley Bali & BB

2712:00- Rotary (DossHeritage & CultureCenter6:00-6:30pm CityCouncil Mtg (City Hall)

WlSD Volley Ball & BB

4 712:00- Lions5:30pm- Main St. Bd6:00pm -HPC

I? '.Oo f L.C 1412:00- Lions2:30pm-P&Z BoardMtg (City CouncilChambers)3:00pm-WC Board

2112:00- Lions6PM-Hist. PC

2812:00- Lions2:30pm-P&Z BoardMtg (City CouncilChambers)

11

1

8:15AM-United WayBoard Meeting

80:00am WED,", Bea,Mee

7:00 pm WISDBoard

159:00am-WEDA BoardMtg - City Hall12:00-W'fd ChamberBoard (Snow, Garrett& Co.)

2210:00 MUB WS12:00 MUB Mtg12:00 PC Hosp D.Board

29

Fri

2

9

16

23

30

Sat3

10

17

24

31

IN L:/MONTHLY CALENDAR- GENEFZlC/MONTIILY CALENDAR, 1