Southwest Management District Board of Directors met July 22

Southwest Management District Board of Directors met July 22.

Here are the minutes provided by the board:

DETERMINE QUORUM; CALL MEETING TO ORDER.

The Board of Directors of the Southwest Management District held a special meeting on Monday, July 22, 2024, at 12:00 p.m. at the Southwest Management District Office, 6588 Corporate Drive, Suite 168, Houston, Texas 77036, inside the boundaries of the District, open to the public, the roll was called of the duly appointed members of the Board, to-wit:

Position 1 - Kenneth Li, Chairman

Position 2 - Vacant

Position 3 - David Peters

Position 4 - Harry Shani, Secretary

Position 5 - Dawn Lin

Position 6 - Peter F. Acquaro, Jr., Vice-Chair

Position 7 - Sandra Mooney

Position 8 - Stephen Le, Ir.

Position 9 - Raj Adnani

Position 10 - Blu Baillio

Position 11 - Frank Donnelly, III, Asst. Secretary

and all the above were present, apart from Directors Peters, Lin, and Mooney, thus constituting a quorum. Also present were Josh Hawes, Annie Trinh, Kristen Gonzales, Victor Beserra and Cosme Garcia all with Hawes Hill & Associates, LLP; Larry Galvan, GFR; Clark Lord, Bracewell LLP; Tabitha Israel and David Israel, Upstanding Enterprises; Sonia Jones, JMM Group; James Vick, SWA; Mike Laster, HCAO; Cathy Podell, Houston Asiatown Tours; Vivienne Kwon, The Asian Sociall; Kyle Fu, Izabella Zhang, Oliver Shang, Matthew Curran, Houston Origami Festival; Donald Buaku and Jack Garcia, HPW; John Paul Jourard, and Doug Drew, Chairman Li called the meeting to order at 12:02 pm.

RECEIVE PUBLIC COMMENTS.

Public comments were received from Donald Buaku, Kyle Fu, and Cathy Podell.

APPROVE MINUTES OF MEETING HELD JUNE 24, 2024.

Upon a motion duly made by Director Acquaro, and seconded by Director Baillio, the Board voted unanimously to approve the Minutes of June 24, 2024, as presented.

CONSIDER RESOLUTION APPOINTING INVESTMENT OFFICERS.

Mr. Hawes presented the Resolution Appointing Investment Officers, a copy is included in the board materials. Upon a motion duly made by Director Shani, and seconded by Director Donnelly, the Board voted to approve the Resolution Appointing Investment Officers, as presented. Director Acquaro abstained. The motion passed.

ACCEPT ANNUAL DISCLOSURE STATEMENTS FROM INVESTMENT OFFICER AND BOOKKEEPER. Mr. Hawes presented the Annual Disclosure Statements from Investment Officer and Bookkeeper, a copy is included in the board materials. Upon a motion duly made by Director Shani, and seconded by Director Donnelly, the Board voted to accept the Annual Disclosure Statements from Investment Officer and Bookkeeper, as presented. Director Acquaro abstained. The motion passed.

CONDUCT ANNUAL REVIEW OF INVESTMENT POLICY AND ADOPT RESOLUTION REGARDING ANNUAL REVIEW OF INVESTMENT POLICY AND AMENDING QUALIFIED BROKER/DEALER LIST.

Mr. Hawes presented the annual review of Investment Policy, the Resolution Regarding Annual Review of Investment Policy, and the amended Qualified Broker/Dealer List, copies are included in the board materials. Upon a motion duly made by Director Shani, and seconded by Director Donnelly, the Board voted to adopt the Resolution Regarding Annual Review of Investment Policy and the amended Qualified Broker/Dealer List, as presented. Director Acquaro abstained. The motion passed.

RECEIVE UPDATE FROM FINANCE COMMITTEE.

Director Shani reported the Finance Committee reviewed the report and invoices, and recommended approval.

a. Receive Assessment Collection Report.

Mr. Hawes reviewed the monthly financial report, a copy is included in the board materials. Mr. Hawes presented the Assessment Collection Report, a copy is included in the board materials. He reported a 94% collection rate on the 2023 assessments, $0 uncertified values and 372 unsettled accounts. No action from the Board was required.

b. Receive monthly financial reports and approve payment of invoices.

Upon a motion duly made by Director Shani, and seconded by Director Acquaro, the Board voted unanimously to accept the Bookkeeper's Report and approve payment of invoices, as presented.

CONSIDER RENEWAL OF INTERLOCAL AGREEMENT WITH HCAO FOR NUISANCE ABATEMENT.

Mr. Hawes presented the Interlocal Agreement with HCAO for Nuisance Abatement. Director Acquaro and Mr. Laster answered questions from the Board. The Interlocal Agreement will not change from last year's agreement. Upon a motion duly made by Director Shani, and seconded by Director Acquaro, the Board voted unanimously to approve the renewal of the Interlocal Agreement with HCAO for Nuisance Abatement, as presented.

CONSIDER SPONSORSHIP REQUEST FROM VU LAW FIRM FOR ITS BACK-TO-SCHOOL FESTIVAL AT 9525 BISSONNET ST HOUSTON, TX 77036 ON AUGUST 3, 2024

Mr. Hawes presented the sponsorship request from Vu Law Firm. After Board discussion, and upon a motion duly made by Director Acquaro, and seconded by Director Donnelly, the Board voted unanimously to table the Sponsorship Request from Vu Law Firm for its Back-to-School Festival, as presented.

CONSIDER SPONSORSHIP REQUEST FROM GULFTON ADVISORY COUNCIL FOR ITS BACK-TO- SCHOOL SUPPLY DRIVE AT 6227 SOUTHWEST FREEWAY HOUSTON, TX 77074 ON JULY 26, 2024.

Mr. Hawes presented the sponsorship request from the Gulfton Advisory Council. Upon a motion duly made by Director Adnani, and seconded by Director Donnelly, the Board voted unanimously to approve the Sponsorship Request from Gulfton Advisory Council for its Back-to-School Supply Drive, as presented.

CONSIDER SPONSORHIP REQUEST FROM SOUTHERN TV GLOBAL FIR ITS 2024 STV GLOBAL THEATER COMMUNITY CONTRIBUTION AWARD AT 11122 BELLAIRE HOUSTON, TEXAS 77072 ON JULY 27, 2024.

Mr. Hawes presented the sponsorship request from Southern TV Global and recommended the Gold Sponsorship level. After Board discussion, and upon a motion duly made by Director Acquaro, and seconded by Director Baillio, the Board voted unanimously to approve the sponsorship request from Southern TV Global at the Gold Level, as presented.

CONSIDER SUBSIDIZE TRANSIT OF LEADERSHIP CONVENTION AND HOUSTON AAPI CONVENTION ATTENDEES TO HOUSTON CHINATOWN ON JULY 25, 2024.

Mr. Hawes presented the transit subsidization requestion from the Houston AAPI Convention. Board Chair Li provided additional information. Upon a motion duly made by Director Acquaro, and seconded by Director Le, Jr., the Board voted unanimously to approve the subsidization of transit of Leadership Convention and Houston AAPI Convention attendees to Houston Chinatown in a reimbursable amount not to exceed $1,500, contingent upon proof of expenditure.

CONSIDER RENEWING THE ADVERTISEMENT SPACE ON THE BILLBOARD ON HWY 69/59 SOUTH, BETWEEN HILLCROFT AND BELTWAY 8.

Mr. Hawes presented the billboard renewal options for 6 months and 12 months. Mrs. Jones answered questions from the Board. The Board requested research into other inventory near Plazamericas. Upon a motion duly made by Director Acquaro, and seconded by Director Le, Jr., the Board voted unanimously renew the advertisement space on the billboard on Hwy 69/59 south, between Hillcroft and Beltway 8 for 6 months, as presented.

RECEIVE UPDATE FROM THE COMPREHENSIVE PLANNING STUDY.

Mr. Vick presented the Board with updates on the Comprehensive Planning Study. He noted the workshop had to be rescheduled due to the weather and will provide more updates in August. No action from the Board was required.

RECEIVE EXECUTIVE DIRECTOR'S REPORT.

Mr. Hawes reviewed the Executive Director's Report, included in the Board materials for review.

ADJOURN.

There being no further business to come before the Board, Chairman Li adjourned the meeting at 1:07 p.m.

https://southwestmanagementdistrict.org/the-district/more-information/board-agendas-meeting-minutes-and-board-packets/