HomeMy WebLinkAboutMinutes_GTEC_11.18.2009Minutes of the Meeting of
Georgetown Transportation Enhancement Corporation
and the Governing Body of the
City of Georgetown, Texas
Wednesday, November 18, 2009
The Georgetown Transportation Enhancement Corporation of the City of Georgetown, Texas, met on
Wednesday, November 18, 2009.
Board Members Present:
Gabe Sansing - President, Ben Oliver - Vice President, Ray Armour - Secretary, Kevin Kelly, Matthew
Painter, Dale Ross, Paul E. Brandenburg - General Manager, Micki Rundell - Finance Director
Board Members Absent:
Bill Sattler
Staff Present:
Jim Briggs, Jana Kern, Lorie Lankford, Laurie Brewer, Bill Dryden
Minutes
Regular Meeting
Mr. Gabe Sansing called the GTEC Board meeting to order on Wednesday, November 18, 2009 at 2:04 PM
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 Session that
follows.
A. Presentation of the Georgetown Transportation Enhancement Corporation monthly financial report.
-- Micki Rundell
Discussion: Brewer presented the monthly report.
Action: None
B. Acceptance of the Quarterly Investment Report for the Georgetown Transportation Enhancement
Corporation for the quarter ended September 30, 2009. -- Micki Rundell
Discussion: Brewer presented the Quarterly Investment Report.
Action: None
C. Discussion and training on the GTEC financial policies, budget practices, accounting, investments,
reporting and other financial training. -- Micki Rundell
Discussion: Rundell, Brewer and Lankford gave a presentation to the Board. They explained the
Fiscal and Budgetary Policy, Accounting Practices and Budgeting, Role of City Staff, and Review of
Financial Report.
Action: None
Motion by Ross, seconded by Armour to adjourn meeting
Approved 6-0-1 (Bill Sattler absent)
Adjournment
The meeting was adjourned at 02:50 PM.
Approved : Attest:
_______________________ ________________________
Gabe Sansing - President Ray Armour - Secretary