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HomeMy WebLinkAboutMinutes_GTEC_08.20.2008Minutes of the Meeting of Georgetown Transportation Enhancement Corporation and the Governing Body of the City of Georgetown, Texas Wednesday, August 20, 2008 The Georgetown Transportation Enhancement Corporation of the City of Georgetown, Texas, met on Wednesday, August 20, 2008. Board Members Present: Gabe Sansing - President, Ben Oliver - Vice President, Ray Amour - Secretary, Paul E. Brandenburg - General Manager, Bill Sattler, Dale Ross, Henry Boecker, Ricki Salazar Board Members Absent: Micki Rundell Staff Present: Paul Brandenburg, Jana Kern, Tom Yantis, Michael Hallmark, Leticia Zavala OTHERS PRESENT: Sonny Kretzschmar - HDR Minutes Regular Meeting Mr. Gabe Sansing called the Regular GTEC Board meeting to order on Wednesday, August 20, 2008, at 2:00 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 Corporation , 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 S ession that follows. A. Consideration and possible approval of the minutes from the regular meeting held July 16, 2008 -- Paul Brandenburg Discussion: None Action: Motion by Boecker, seconded by Salazar to approve the minutes as presented Approved 7-0 B. Discussion and possible action regarding the Project Progress Report and time lines (including but not limited to items listed). -- Joel Weaver/Tom Benz Discussion: Michael Hallmark gave the Project Progress report: Southwest Bypass: MSA and Task Order will be presented at the September meeting. Lakeway Drive Overpass: TxDOT is moving forward with the ROW and utility relocation. SE 1: Staff has the right of entry and working on the archeology. Action: None C. Presentation of Georgetown Transportation Enhancement Corp. monthly financial report for July 2008. – Micki Rundell Discussion: Zavala presented the monthly financial report for the month of July 2008. Action: None D. Acceptance of the Quarterly Investment Report for the GTEC for the quarter ending June 30, 2008. -- Micki Rundell Discussion: Zavala presented the quarterly investment report for the quarter ending June 30, 2008. Action: None E. Consideration and possible action to amend the performance agreement between GTEC and the Georgetown Housing Authority related to the Sierra Ridge project to adjust the project schedule and to incorporate the changes required by City Council related to off-site drainage improvements. -- Tom Yantis Discussion: Yantis stated GTEC approved funding in September 19, 2007 and approved the performance agreement on November 16, 2007. The performance agreement was brought to Council on December 11, 2007 and approved with one modification to require the developer to address preexisting off site drainage issues along Northwest Blvd. as a condition of receiving GTEC funding. To verify that GHA would be able to comply with the City's request, they have contracted with Steger & Bizzell Engineering to conduct a drainage study of the area and determine the cost of constructing the additional off-site drainage infrastructure. GHA is also asking for an amendment to the project schedule - the original schedule had construction starting in July 2008, new development schedule has construction beginning in April 2009. Action: Motion by Oliver, seconded by Salazar to approve the amendment to the performance agreement. Approved 7-0 Motion by Salazar, seconded by Armour to adjourn meeting. Approved 7-0 Adjournment The meeting was adjourned at 02:30 PM. Approved : Attest: _______________________ ________________________ Gabe Sansing - President Ray Armour - Secretary