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02.10.26 Town Council Meeting Presentation Work SessionWelcome to the February 10, 2026, Prosper Town Council Work Session Call to Order/Roll Call. Agenda Item 1. Discuss the Town's vision, priorities, and goals for 2026. (DFB) Overview •Purpose •Town Emails •Implementation of the Council Vision •Strategic Vision •Bond Results •America 250 Draft Strategic Visioning Priorities 1.Always Provide Excellent Municipal Services. 2.Accelerate Infrastructure Delivery. 3.Develop Downtown Prosper as a Destination. 4.Ensure the Town’s Commercial Corridors are Ready for Development. 5.Grow and Diversify the Tax Base. Draft Strategic Visioning Priorities 1.Always Provide Excellent Municipal Services •Strive to be a high-performing organization focused on continuous improvement, best practices, and benchmarking. •Develop a culture of excellence and efficiently provide resources necessary to support these goals. •Provide a professional environment for residents, visitors, and Town employees. Draft Strategic Visioning Priorities 2. Accelerate Infrastructure Delivery •Work with the Capital Improvement Subcommittee to identify gaps in the Town’s infrastructure and increase the number of shovel ready projects. •Identify and address infrastructure gaps that limit development. •Expedite the completion of projects focusing on concurrent activity when possible. Draft Strategic Visioning Priorities 3. Develop Downtown Prosper as a Destination •Collaborate with the Downtown Business Alliance, Community Engagement Committee, Downtown Committee, and direct the Prosper EDC to implement the Downtown Master Plan. •Pursue a mix of public and private developments as catalysts for office, retail, restaurants, entertainment, housing, and outdoor events. Draft Strategic Visioning Priorities 4. Ensure the Town’s Commercial Corridors are Ready for Development •Prioritize infrastructure investment to meet demand, using incentives when appropriate. •Implement a corridor overlay for the Dallas North Tollway. •Partner with Prosper EDC to develop and communicate a branding strategy to market the Dallas North Tollway corridor. Draft Strategic Visioning Priorities 5. Grow and Diversify the Tax Base •Position Prosper as a center of excellence for healthcare, specifically as it relates to manufacturing, and research and development. •Proactively recruit businesses to the Town through the Prosper EDC that will broaden the commercial tax base and support long- term economic stability. America 250 •America 250 is the national commemoration of the 250th anniversary of the United States, encouraging communities to reflect on our history, honor those who shaped the nation, and inspire future generations. •The Town of Prosper will participate by incorporating America’s history into our local story through community events, educational programs, and commemorations that engage residents and celebrate our shared heritage. •Learn more at america250.org Questions / Comments Executive Session •Section 551.087 – To discuss and consider economic development incentives and all matters incident and related thereto. •Section 551.072 – To discuss and consider the purchase, exchange, lease, or value of real property for municipal purposes and all matters incident and related thereto. •Section 551.074 – To discuss and consider personnel matters and all matters incident and related thereto. •Section 551089 - To deliberate security information collected, assembled, or maintained by or for a governmental entity to prevent, detect, or investigate criminal activity, pursuant to Section 2059.055 of the Texas Government Code, and all matters incident and related thereto. •Section 551.074 - To discuss appointments to the Board of Adjustment/Construction Board of Appeals, Parks & Recreation Board, Library Board, Prosper Economic Development Corporation Board, Planning & Zoning Commission, Community Engagement Committee, and the Downtown Advisory Committee, and all matters incident and related thereto. •Section 551.071 – Consultation with the Town Attorney regarding legal issues associated with Article 1.02 of the Town Code of Ordinances and all matters incident and related thereto. •Section 551.071 – Consultation with the Town Attorney to discuss legal issues associated with any agenda item. The Town Council will reconvene after Executive Session. Reconvene into Work Session Adjourn