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HomeMy WebLinkAboutMinutes_GTEC_03.16.2011Minutes of the Meeting of Georgetown Transportation Enhancement Corporation and the Governing Body of the City of Georgetown, Texas Wednesday, March 16, 2011 The Georgetown Transportation Enhancement Corporation of the City of Georgetown, Texas, met on Wednesday, March 16, 2011. Board Members Present: Gabe Sansing, Dale Ross, Ray Armour, Tommy Gonzalez, Matthew Painter, Kevin Kelly, Richard Anderson, Paul E. Brandenburg, Micki Rundell Board Members Absent: None Staff Present: Jim Briggs, Mark Sokolow, Laura Wilkins, Micki Rundell, Bill Dryden, Ed Polasek Minutes Regular Meeting 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. CALL TO ORDER AT 2:00 P.M. I. STAFF BOARD COMMENTS/QUESTIONS: (This is a short informational time regarding items where specific actions are not requested or needed) A. Introduction of Visitors - Dennis Bush - citizen B. Project Progress Reports Question - Armour noticed we are overdrawn on SW Bypass? Dryden - split out part for Wolf Ranch Parkway - numbers do not reflect this split. Rundell - $300,000 is prior year money - just not updated. Question - Kelly time line on 14 A&B - C. Monthly Financial Report Sales tax for March higher than we anticipated - does not expect this trend to continue. End of the year we anticipate to be around 3% or 4%. Citi bank processing payments for other entities - We may see an amount around $150,000. Ross - that seems like it would be a reliable increase each month. Rundell - Yes, this and other service related entities are adding to the mix and so we have a more solid amount. D. Industry/CAMPO/TxDOT/ Updates Lots of last minute legislation...we are beginning to pick up on that - but nothing to report. II. LEGISLATIVE REGULAR AGENDA: (This is for specific action items considered by the Board – greater than $50,000 in value) E. Board nominations and election of President of the GTEC Board. -- Paul E. Brandenburg Ross - not sure of rules - does not make sense to lose current Chairman - work to do between now and May 14. It would be wise to keep Gabe Sansing as Chairman through June's meeting Ross nominates Sansing. Approved 7-0 Discussion regarding keeping all current officers in place through the June, 2011 meeting. Motion Armour to renominate all current officers to serve through June's meeting - seconded by Gonzalez - Approved 7-0 Sansing = President, Ross = Vice-President, Armour = Secretary F. Board nominations and election of Vice -President of the GTEC Board. -- Paul E. Brandenburg covered in item E. G. Board nominations and election of Secretary of the GTEC Board. -- Paul E. Brandenburg covered in item E. H. Review and possible action to approve the minutes from the regular GTEC Board meeting held on February 16, 2011. -- Paul E. Brandenburg Anderson - mispelled word 1-c - should be "bidding" not biding. Motion by Ross to approve with one correction, seconded by Anderson Approved 7-0 I. Discussion and possible action on adopting a findings of eligibility and approve the economic incentive agreement on 100 South Austin Avenue Project, West 2nd and Rock Street reconstruction, sidewalk, street, drainage and on-street parking improvements; and signal at Austin Avenue and 2nd Street, in an amount not to exceed $507,000 from uncommitted available funds. Edward G. Polasek, Jim Briggs, Micki Rundell Polasek explained the item. After caption was written the performance agreement was added. Board must consider and answer the questions. Question 2 Question 3 Question 4 2a YES 3a YES YES - Dated Today (3/16/11 ) 2b NO 3b NO 2c NO 3c YES 2d YES 3d NO 2e YES 3e YES 2F YES 3f NO Question 2 Question 3 Question 4 2g YES 3g NO 2h YES 2i YES 2 j YES 2k YES 2l YES 2m NO Additional discussion: Motion by Armour that GTEC finds the project named 100 South Austin Avenue is eligible for 4B funding because it contains ballot language establishing sales tax that constitutes one or more costs authorized by by the statute and is one or more of the types of projects authorized by the statute and find this project approval is dated today (March 16, 2011). Rundell gave highlights of the agreement- transportation project not to exceed $507,000 for improvements at Rock and 2nd. Includes a traffic signal at Rock and 2nd signal at Austin for safety purposes. Requirements for performance are - they must install improvements valued at at least $2,500,000 and after 2 years must have a payroll of 1,200,000. Question by Ross - If they do not perform ....? Answered by Rundell they pay $115,000 if they do not perform. Sokolow - inserted clause (Section 4.6) if petition to object is filed by 10% of registered voters of the City within 60 days - agreement is null and void. GTEC Public Hearing set for April 20. Motion by Sansing second by Gonzalez to approve the motion as stated by Armour. Before the vote - Question by Armour - City was to put $175,000 for a light at Austin and 2nd? Answered by Polasek - Yes - it is in Tip but not programmed - no budget for it at this time. Developer will pay for it and we slowly pay them back. Vote on the motion - Approved 7-0 Motion to adjourn by Ross seconded by all. Meeting adjourned at 2:33 p.m. Adjournment The meeting was adjourned at 10:30 PM. Approved : Attest: _______________________ ________________________ Board Member Name Secretary