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AEDC board votes to reimburse the City for the internal audit and Hyde Kelley legal costs, 4-0
The board accepted the draft FY2024 AEDC audit (4-0). It then voted 4-0 to reimburse the City of Amarillo for the City's internal audit and the legal expenses of Hyde Kelley LLP, the City's outside counsel, and 4-0 on a budget modification because the expense was not budgeted. City Manager Path said that because the City first paid Hyde Kelley, Texas Government Code 501.007 required the AEDC to reimburse it. The board also accepted revised AEDC policies and procedures, 4-0. The minutes give no reimbursement amount.[1]
Alex FairlyDoug NelsonGrayson PathHoward SmithJosh CraftDon TippsAmarillo Economic Development Corporation (AEDC)CMMS CPAs & Advisors PLLC
- Budget & taxes
- Downtown & development
- Leadership & governance
- Votes & elections
- Audits & oversight
- Courts & law
What the sources say
- ✓ Verified
The March 17, 2025 minutes say Interim President Nelson 'presented all emails and invoices' and that City Manager Path 'explained that, according to Texas Government Code 501.007, since the City of Amarillo initially covered the expenses for Hyde Kelley LLP, the AEDC is required to reimburse the City of Amarillo.' Director Smith moved and Director Craft seconded both the reimbursement and the budget modification; each passed 4-0. Vice-Chair Patel was absent.[1]
- ✓ Verified
The minutes give no dollar amount for the reimbursement. The Amarillo Tribune's timeline reported Hyde Kelley's invoices to the City for AEDC-related work through September 30, 2024 (see the existing claim on the citizen complaint event); no source read for this pass gives the total the AEDC repaid.[1][2]
