At its Jan. 27 meeting the Fulshear Development Corporation approved routine financial items and received an economic development update covering downtown placemaking, business outreach and workforce initiatives.

Votes at a glance
- Payables: The board approved payables of $17,900.32 for the preceding month after a motion and second; approval was by voice vote (minutes do not show a roll-call tally).
- Minutes: The board approved the minutes of the Dec. 16, 2024 meeting by motion and voice vote.

Financial highlights and discussion
Staff reported that sales tax revenues received in January were up about 10% compared with the same period last year and that collections stood at 15.67% of the annual budget for approximately 17% of the year. Staff clarified wording in the packet where cumulative budget and collection figures might appear confusing and agreed to change the wording in future reports.

The board approved payables after asking a question about a $12,436 technology maintenance charge, which staff said was an annual subscription or similar maintenance fee.

Economic development report (highlights)
- Downtown mural: Staff said legal review is in process and that Denton Navarro will review revisions before the property owner reviews artwork and scheduling.
- ICSC attendance: Staff and the assistant city manager planned to attend ICSC in Dallas to meet developers and retailers and to distribute a Fulshear fact sheet.
- Holiday events: Staff described the downtown holiday events as successful partnerships with local businesses and said a web portal and QR-code calendar were used to centralize event listings.
- FEI/REFI posting for EDC property: Staff reported the FEI was posted on the EDC webpage and will be circulated to interested parties and networks; staff said an earlier version removed adjacent property-owner contact info after owners did not respond.
- Incentive policy: Staff said an incentive policy draft had been refreshed and returned to city and outside counsel for final review; staff estimated the policy could go before counsel in February or March depending on scheduling.
- Fulshear Fast Track and job fair: Staff reported momentum for a mentor match and entrepreneur boot camp tied to the Fulshear Fast Track program and said staff will issue a call for employers and candidates as it plans at least one annual job fair, possibly twice per year in future.

Additional items
Staff acknowledged an omission in the packet regarding an update on Harris Street and said a detailed memo will be distributed to members following the meeting. The city council liaison provided updates on council scheduling changes, infrastructure projects (including the Pecan Ridge water plant progress) and approvals related to Primrose Park construction and sports field lighting.

Next steps: Staff will send the Harris Street memo, post clarified financial wording in future packets and circulate EDC materials prepared for ICSC.