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HomeMy WebLinkAboutMinutes_GTEC_04.19.2006Minutes of the Meeting of Georgetown Transportation Enhancement Corporation and the Governing Body of the City of Georgetown, Texas Wednesday, April 19, 2006 The Georgetown Transportation Enhancement Corporation of the City of Georgetown, Texas, met on Wednesday, April 19, 2006. Board Members Present: Henry Carr- President, Joe Savage – Vice President, Paul Brandenburg – General Manager, Micki Rundell – Finance Manager, Ricki Salazar, John Kirby Board Members Absent: Farley Snell, Henry Boecker, Gabe Sansing Staff Present: Jim Briggs, Jana Kern, Tom Benz, Joel Weaver, Tom Yantis, Ed Polasek, Laurie Brewer, Trish Carls -City Attorney, Terri Calhoun, Mark Thomas- EcoDevo Minutes Regular Meeting Meeting called to order by Mr. Henry Carr @ 2:03 p.m. Board may, at any time, recess the Regular Session to convene in Executive Session at the request of the President, a Board Member, the City Manager in his capacity as General Manager of the GTEC Corp oration , the Assistant City Manager, or legal counsel for any purpose authorized by the Open Meetings Act, Texas Government Code Chapter 551, and are subject to action in the Regular Session that follows. A. Consideration and approval of the minutes from the regular meeting held March 8, 2006. Paul Brandenburg Discussion: None Action: Motion by Salazar, seconded by Savage to approve the minutes as written. Approved 3-0 (Farley Snell, Henry Boecker, & Gabe Sansing absent, Kirby abstained since he was not at the last meeting) B. Discussion and possible action regarding the Project Progress Report and timelines (including but not limited to items listed). Joel Weaver/Tom Benz Discussion: Weaver presented the Project Progress Reports: State Highway 29 Rehab Project #2 : Brickwork on medians is complete. The remaining work on Wolf Ranch Parkway (CR 265) is underway with Ranger working on sub-grade for the main lanes & driveways to Georgetown Supply. ABR plans to start the installation of Type A asphalt, curbs, and gutters this month. IH 35 Frontage Road (SH 29 to FM 2243) Project #3: Columns for the bents and abutment, on the north side of river, are complete. Sub-grade made to the north and excavation work continues to the south. This project going very well. Lakeway Drive Overpass Project #10: This is a TxDOT project. TxDOT has not delivered any plans for our review, so we can go out and look at our utilities. Southeast Arterial 1 Project #12: Geotechnical, environmental & archeological tests underway. Topographic design is complete. Vertical & horizontal alignment and the geometry of the elevated structures are underway. There is an Open house set for May 17, 2006 that will begin after the GTEC meeting. It will be from 4:00 - 7:00 p.m. in the foyer of the GMC Building. Wolf Ranch Parkway Project #13: Ready to start construction on June 1, 2006. Southwest Bypass - SH29 to RR 2243 Project #14b & RR 2243 to Blue Springs Project #14c: All components of the document have been delivered. We are waiting on the Texas Historical Commission (THC) to issue the final number for the Archeological component of the document. Carr asked if the City knew where we stood on the money that was award to the City by Congress. Briggs stated that money has been sent to the State. TxDOT received their notification and now they are going through the process of allocating the funds. Action: None A. Presentation of Georgetown Transportation Enhancement Corporation monthly financial report for March 2006. Micki Rundell Discussion: Rundell presented the monthly financial report. Action: None B. Consideration and possible action to approve a Project Agreement between the City and GTEC. Micki Rundell Discussion: Rundell presented the Project agreement to the Board. Action: Motion from Kirby seconded by Savage to approve the Project Agreement between the City and GTEC. Approved 4-0 (Snell, Boecker & Sansing absent) C. Consideration and possible action to approve a Sales Tax Remittance Agreement between the City and GTEC. Micki Rundell Discussion: Rundell presented the Sales Tax Remittance Agreement to the Board. Action: Motion from Kirby, seconded by Salazar to approve the Sales Tax Remittance Agreement between the City and GTEC. Approved 4-0 (Snell, Boecker & Sansing absent) D. Discussion and possible action to review the new debt service requirements for the refinanced GTEC debt related to Wolf Ranch. Micki Rundell Discussion: Rundell presented the new debt service requirements for the refinanced GTEC debt related to Wolf Ranch/Simon. Rundell would like for this Board to agree to reserve the 53%, that would normally go toward debt service for GTEC debt and be reserved for future debt payments. GTEC will not be losing anything, and there is no down side for the City. Action: Motion from Savage, seconded by Salazar to approve the new debt service requirements for the refinanced GTEC debt related to Wolf Ranch. Approved 4-0 (Snell, Boecker & Sansing absent) E. Discussion and possible action to determine project eligibility for a downtown economic development project. Tom Yantis Discussion: Yantis presented this item. The location of this project is at 501 S. Austin Ave. This is a mixed use redevelopment, along with a new construction project, that will consist of approximately 77,000 gross square feet of retail/office/residential The amount that we are asking GTEC for is $531,710.00. Action: The Board will need to fill out the eligibility sheets, and return them to Ed Polasek or Jana Kern by May 5, 2006. We will bring the results to the May 16, 2006 Board meeting. F. Discussion and possible action on project scoring for 2006/07 GTEC TIP Process. Tom Benz/Ed Polasek Discussion: Polasek presented the new eligible project list. There was lengthy discussion on the placement of the projects and questions on funding. Full Version is on Tape. Action: Motion by Salazar, seconded by Kirby to approve the overall list of Eligi ble Projects. Approved 4-0 (Snell, Boecker & Sansing absent) Motion by Salazar, seconded by Savage to adjourn the meeting Adjournment The meeting was adjourned at 02:55 PM. Approved : Attest: _______________________ ________________________ Henry Carr - President Farley Snell - Secretary