Uptown Dallas Inc

“JOHN ARMSTRONG, PAULA PETERS - Family relationship”

“A draft is provided to the executive director and board for review before filing.”

“In connection with any actual or possible transaction or arrangement involving the Corporation in which a Subject Person becomes or may become an Interested Person, that Subject Person must disclose the existence of the Financial Interest or External Loyalty and be given the opportunity to disclose all material facts to the directors and members of committees with powers delegated by the governing board considering the proposed transaction or arrangement. After disclosure of the Financial Interest or External Loyalty and all material facts and any discussion, the Interested Person shall leave the governing board or committee meeting while the determination of a Conflict of Interest is discussed and voted upon. The remaining board or committee members shall decide if a Conflict of Interest exists. If determined a conflict of interest exist, the following procedure shall be followed: -An Interested Person may make a presentation at the governing board or committee meeting, but after the presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible Conflict of Interest. -The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. -After exercising due diligence, the governing board or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a Conflict of Interest. -If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a Conflict of Interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement If the governing board or committee has reasonable cause to believe a Subject Person has failed to disclose a Financial Interest or External Loyalty or an actual or possible Conflict of Interest, it shall inform the Subject Person of the basis for such belief and afford the Subject Person an opportunity to explain the alleged failure to disclose. If, after hearing the Subject Person's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the Subject Person has failed to disclose an actual or possible Conflict of Interest, it shall take appropriate disciplinary and corrective action.”

“The Executive Director salary is reviewed by the Executive Committee annually when assessing annual raises, and by the Executive Search Committee when hiring a new Director. In 2024, the Executive Director salary was not reviewed as the position was not filled during the annual review timeframe. The last time it was reviewed was in 2025 when the new executive director was hired. Compensation/salary data is obtained through the organizations' PEO, Insperity. The data in the salary survey for the Executive Director position comes from Salary.com CompAnalyst, the premium salary tool from Salary.com The CompAnalyst database includes data from salary surveys that are purchased and conducted by Salary.com and the data is vetted by compensation professionals at Salary.com The database includes data from nearly 9K organizations nationally. The data in the salary survey is also scoped to fit the specific industry, size, and location of the company.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“(Expenses $ 420,457 including grants of $) CAPITAL IMPROVEMENTS WITHIN THE PUBLIC IMPROVEMENT DISTRICT”

“(Expenses $ 400,000 including grants of $ 400,000) McKinney Avenue Transit Authority - Public Transportation System”