HomeMy WebLinkAboutGEDCO_Agenda&Minutes_2008Notice of Meeting of the
Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, November 17, 2008
The Board of Directors of the Georgetown Economic Development Corporation, created pursuant
to Section 4A of the Economic Development Act of 1979, as amended (Tex. Rev. Civ. Stat. Ann.
Art 5190.6), will meet on Monday, November 17, 2008 beginning at 02:00 PM in the City Council
Chambers, located at 101 E. 7th Street, Georgetown, Texas
If you need accommodations for a disability, please notify the city in advance.
Georgetown Economic Development Corporation Members:
Ben Oliver, Rick Smith, Ron Shelly, Pat Berryman, Dale Ross
Call to Order at 02:00 PM
A Meeting of the GEDCO Board was held on November 3, 2008, and no additional items have been
submitted for consideration by the GEDCO Board for the month of November. Therefore, no meeting
will be held on November 17, 2008.
Certificate of Posting
I, Sandra Lee, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general
public at all times, on the _____ day of _________________, 2008, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
__________________________________
Sandra Lee, City Secretary
Notice of Meeting of the
Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, November 3, 2008
The Board of Directors of the Georgetown Economic Development Corporation, created pursuant
to Section 4A of the Economic Development Act of 1979, as amended (Tex. Rev. Civ. Stat. Ann.
Art 5190.6), will meet on Monday, November 3, 2008 beginning at 03:00 PM in the City Council
Chambers, located at 101 E. 7th Street, Georgetown, Texas
If you need accommodations for a disability, please notify the city in advance.
Georgetown Economic Development Corporation Members:
Ben Oliver, Rick Smith, Ron Shelly, Pat Berryman, Dale Ross
Call to Order at 03:00 PM
REGULAR SESSION:
Board may, at any time, recess the Regular Session to convene in Executive Session at the request of the
Chair, a Board Member , the City Manager, Assistant City Manager , City Council Member , 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.
ADiscussion and possible action regarding the Project Progress Report, including Hope
Lumber Company, Citigroup, Vista Solutions, Loading Dock, Airborn, Orthopeutics,
The Beauty Escape Salon, Texas Outdoor Power Company, and Enflite. -- Mark Thomas,
Economic Development Director and Paul E. Brandenburg, General Manager
B.Consideration and approval of the minutes from the Regular Board Meeting held
Monday, July 21, 2008 -- Ben Oliver, Secretary
C. Consideration of the July 31, 2008, August 31, 2008, and September 30, 2008 Financial
Reports--Micki Rundell, Finance Manager
D.Acceptance of the Quarterly Investment Report for the Georgetown Economic
Development Corporation (GEDCO) for the quarter ended June 30, 2008--Micki
Rundell, Finance Manager
E.Discussion and possible action to approve a Resolution consenting to the
Assignment by Hope Lumber & Supply Company, L.P. to ProBuild South,
L.L.C., of that Certain Performance Agreement Relating to the Maintenance of at
Least Forty-Four Full Time Jobs at its Facility Until July 31, 2009; and
Authorizing a Mutual Consent Agreement –Paul Brandenburg, General Manager
and Mark Thomas, Director of Economic Development
EXECUTIVE SESSION:
The Georgetown Economic Development Corporation will meet in closed executive session as allowed by
Texas Open Meetings Act (Texas Government Code Chapter 551), as follows:
F.Section 551.072. DELIBERATION REGARDING REAL PROPERTY
Discussion and possible action to deliberate the purchase , exchange, lease or value of real property for purposes
authorized by Section 4A of Economic Development Act of 1979 (as amended) which discussion in open session
would have a detrimental effect on negotiations with third persons.
G.Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS.
Deliberation regarding commercial or financial information that the corporation has received from a business
prospect that the Georgetown Economic Development Corporation seeks to have locate, stay, or expand in or
near the territory of the City of Georgetown and with which the Corporation is conducting economic
development negotiations; and/or deliberation regarding the offer of a financial or other incentive to a business
prospect that the Corporation seeks to have locate, stay, or expand in or near the territory of the City of
Georgetown.
- Precision Bio Data
H.Section 551.071. CONSULTATION WITH ATTORNEY
Consultation with attorney regarding legal issues related to agenda items and other matters in which the duty of
the attorney to the Georgetown Economic Development Corporation under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas.
ISec.551.074 PERSONNEL MATTERS
- Economic Development Director Compensation - Paul E. Brandenburg, General Manager
REGULAR SESSION:
The Board will reconvene in regular open session to take any action necessary related to any of the
above-posted executive session items.
J.Action from Executive Session
Certificate of Posting
I, Sandra Lee, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general
public at all times, on the _____ day of _________________, 2008, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
__________________________________
Sandra Lee, City Secretary
Notice of Meeting of the
Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, October 20, 2008
The Board of Directors of the Georgetown Economic Development Corporation, created pursuant
to Section 4A of the Economic Development Act of 1979, as amended (Tex. Rev. Civ. Stat. Ann.
Art 5190.6), will meet on Monday, October 20, 2008 beginning at 02:00 PM in the City Council
Chambers, located at 101 E. 7th Street, Georgetown, Texas
If you need accommodations for a disability, please notify the city in advance.
Georgetown Economic Development Corporation Members:
Ben Oliver, Rick Smith, Ron Shelly, Pat Berryman, Dale Ross
Call to Order at 02:00 PM
No items have been submitted for consideration by the GEDCO Board for the month of October.
Therefore, no meeting will be held on October 20, 2008.
Certificate of Posting
I, Sandra Lee, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general
public at all times, on the _____ day of _________________, 2008, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
__________________________________
Sandra Lee, City Secretary
Notice of Meeting of the
Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, September 15, 2008
The Board of Directors of the Georgetown Economic Development Corporation, created pursuant
to Section 4A of the Economic Development Act of 1979, as amended (Tex. Rev. Civ. Stat. Ann.
Art 5190.6), will meet on Monday, September 15, 2008 beginning at 02:00 PM in the City
Council Chambers, located at 101 E. 7th Street, Georgetown, Texas
If you need accommodations for a disability, please notify the city in advance.
Georgetown Economic Development Corporation Members:
Ben Oliver, Rick Smith, Ron Shelly, Pat Berryman, Dale Ross
Call to Order at 02:00 PM
No items have been submitted for consideration by the GEDCO Board for the month of September.
Therefore, no meeting will be held.
Certificate of Posting
I, Sandra Lee, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general
public at all times, on the _____ day of _________________, 2008, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
__________________________________
Sandra Lee, City Secretary
Notice of Meeting of the
Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, August 18, 2008
The Board of Directors of the Georgetown Economic Development Corporation, created pursuant
to Section 4A of the Economic Development Act of 1979, as amended (Tex. Rev. Civ. Stat. Ann.
Art 5190.6), will meet on Monday, August 18, 2008 beginning at 02:00 PM in the City Council
Chambers, located at 101 E. 7th Street, Georgetown, Texas
If you need accommodations for a disability, please notify the city in advance.
Georgetown Economic Development Corporation Members:
Rick Smith - President, Pat Berryman - Vice President, Ben Oliver - Secretary, Ron Shelly, Dale
Ross, Paul E. Brandenburg, General Manager, Micki Rundell, Finance Manager
Call to Order at 02:00 PM
No items have been submitted for consideration by the GEDCO Board for the month of August.
Therefore, no meeting will be held.
Certificate of Posting
I, Sandra Lee, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general
public at all times, on the _____ day of _________________, 2008, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
__________________________________
Sandra Lee, City Secretary
Notice of Meeting of the
Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, June 16, 2008
The Board of Directors of the Georgetown Economic Development Corporation, created pursuant
to Section 4A of the Economic Development Act of 1979, as amended (Tex. Rev. Civ. Stat. Ann.
Art 5190.6), will meet on Monday, June 16, 2008 beginning at 02:00 PM in the City Council
Chambers, located at 101 E. 7th Street, Georgetown, Texas
If you need accommodations for a disability, please notify the city in advance.
Georgetown Economic Development Corporation Members:
Call to Order at 02:00 PM
REGULAR SESSION:
Board may, at any time, recess the Regular Session to convene in Executive Session at the request of the
Chair, a Board Member , the City Manager, Assistant City Manager , City Council Member , 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.
AThe Meeting for June 16, 2008 was canceled.
EXECUTIVE SESSION:
The Georgetown Economic Development Corporation will meet in closed executive session as
allowed by Texas Open Meetings Act (Texas Government Code Chapter 551), as follows:
G.Section 551.072. DELIBERATION REGARDING REAL PROPERTY
Discussion and possible action to deliberate the purchase , exchange, lease or value of real property for purposes
authorized by Section 4A of Economic Development Act of 1979 (as amended) which discussion in open session
would have a detrimental effect on negotiations with third persons.
H.Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS.
Deliberation regarding commercial or financial information that the corporation has received from a business
prospect that the Georgetown Economic Development Corporation seeks to have locate, stay, or expand in or
near the territory of the City of Georgetown and with which the Corporation is conducting economic
development negotiations; and/or deliberation regarding the offer of a financial or other incentive to a business
prospect that the Corporation seeks to have locate, stay, or expand in or near the territory of the City of
Georgetown.
I.Section 551.071. CONSULTATION WITH ATTORNEY
Consultation with attorney regarding legal issues related to agenda items and other matters in which the duty of
the attorney to the Georgetown Economic Development Corporation under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas.
REGULAR SESSION:
The Board will reconvene in regular open session to take any action necessary related to any of
the above-posted executive session items.
J.Action from Executive Session.
Certificate of Posting
I, Sandra Lee, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general
public at all times, on the _____ day of _________________, 2008, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
__________________________________
Sandra Lee, City Secretary
Minutes of the Meeting of
the Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, April 21, 2008
The Georgetown Economic Development Corporation of the City of Georgetown, Texas, met on
Monday, April 21, 2008.
Members Present:
Ron Shelly, Rick Smith, Farley Snell, Ben Oliver, Pat Berryman
Members Absent:
Staff Present:
Paul Brandenburg, General Manager, Mark Thomas, Economic Development Director, Trish
Carls, City Attorney, George Gomez, Economic Development Program Specialist, Micki Rundell,
Finance Manager, Leticia Zavala, Controller, Shirley Rinn, Executive Assistant to the City
Manager
Minutes
Regular Meeting
REGULAR SESSION:
Board may, at any time, recess the Regular Session to convene in Executive Session at the request of the Chair , a
Board Member, the City Manager, Assistant City Manager, City Council Member, 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.
The meeting was called to order at 2:00 p.m.
A.Consideration and approval of the minutes from the Regular Board Meeting held
Monday, March 3, 2008 -- Ben Oliver, Secretary
Motion by Snell, second by Oliver to approve the minutes from the Regular Board
Meeting held Monday, March 3, 2008, with corrections as noted by Rick Smith.
Approved 4-0 (Berryman absent)
B.Discussion and possible action regarding the Project Progress Report. -- Mark Thomas,
Economic Development Director and Paul E. Brandenburg, General Manager
Thomas gave the Board an overview of all of the active projects that the GEDCO Board
approved, including Citicorp, Vista Solutions/Loading Dock, Airborn, TLCC,
Orthopuetics. Rundell noted that Vista Solutions was paid $21,000 for 7 jobs.
C.Consideration of the February 29, 2008 and March 31, 2008 Financial Reports--Micki
Rundell, Finance Manager
Leticia Zavala gave the Board an overview of the Financial Reports, including monthly
sales tax revenues, monthly expenditures, budgetary report , and other relevant
financial information. The Board indicated that it would like to include status of projects
on the financials as well. Rundell also noted that the City received some unanticipated
sales tax revenue from Cisco for the purchase of equipment for Citicorp.
D.Discussion and possible action regarding a preliminary report and update regarding 4A
Funding--Mark Thomas, Economic Development Director
Thomas provided information to the Board regarding what other cities are doing with
regard to expenditures of 4A monies. He also provided some additional information
from the Attorney General's office as well. Carls clarified that a legal analysis has not
yet been done regarding the information that was provided to the Board. It was also
clarified that this information was preliminary, but that staff wanted to provide the
Board with the research that has been obtained to this point. There was additional
discussion regarding whether a project is debt or cash funded and how that decision
can impact the use of 4A monies for water/wastewater infrastructure projects. There
was also additional discussion regarding the difference between "general use" and
"targeted infrastructure". The Board also discussed who would decide whether a
project was "targeted" or not. Additionally, there was a brief discussion regarding
whether or not a 4A Board could just "award cash grants" for jobs with no capital
investment. It was clarified that this Board has not awarded grant money in that
fashion and that all monies granted to date have been tied to capital investment.
The Board went on to discuss the procedure that GTEC uses to identify and formalize
the finding of a "project". The Board indicated that it would like to see some written
guidelines to refer to when making these decisions so that they don't have to continue
to have extensive discussions as to whether or not something is a project or not.
E. Discussion and possible action to regarding funding for a water and wastewater
improvement project for Texas Outdoor Power Equipment -- Mark Thomas, Economic
Development Director and Paul E. Brandenburg, General Manager
Thomas provided a presentation to the Board regarding Texas Outdoor Power
Equipment regarding their plans to expand their operations. He told that Board the
TOPE has approached both the GEDCO and GTEC Boards and that both proposals will
be presented to the Council at the same time . Thomas told the Board that TOPE has
purchased a piece of property adjacent to their current location and based upon their
expansion plans the City's UDC regulations requires that TOPE provide
water/wastewater infrastructure to the property that has capacity to meet the future
needs for the area. There was extensive discussion regarding targeted infrastructure
and whether or not this project meets those criteria. There was additional discussion
regarding the "triggering event" for the necessity of this water/wastewater line.
Motion by Oliver, second by Shelly to direct staff to negotiate a Performance
Agreement with Texas Outdoor Power Equipment for funding for the installation of a
water and wastewater improvement line contingent on a staff report verifying the
triggering event that necessitated the water/wastewater improvement. A friendly
Amendment by Snell to make a project finding that this project is eligible for funding
pursuant to the Texas Development Corporation Act of 1979 under Section 2(11)(C),
which states
""Project" shall mean: expenditures found by the board of directors to be required or
suitable for infrastructure necessary to promote or develop new or expanded business
enterprises limited to streets and roads, rail spurs, water and sewer utilities, electric
utilities, gas utilities, drainage, site improvements, and related improvements,
telecommunications and Internet improvements, and beach remediation along the Gulf
of Mexico"
Approved 4-0 (Berryman absent).
F.Discussion and possible action to approve a Resolution and Performance Agreement
with Kenny Nguyen DBA The Beauty Escape Salon --Mark Thomas, Economic
Development Director and Paul E. Brandenburg, General Manager
Thomas gave the Board an overview of the Performance Agreement. There was
discussion that the Board would prefer that in the future, projects not be presented to
them after the fact for reimbursement. While they support this project and what it can
do for the downtown, the proper procedure would have been for it to have been
presented to the Board before the work was done. The Board is concerned about a
precedent being set if it continues to approve reimbursements to support projects after
the work has been completed.
Motion by Oliver, second by Shelly to approve a Resolution and Performance
Agreement with Kenny Nguyen DBA The Beauty Escape Salon (Resolution No.
042108-F), with the caveat that Mr. Nguyen be notified that in the future if he would
like to seek 4A funding from the Board that he needs to approach the Board prior to the
work being completed. Approved 4-0 (Berryman absent)
Recessed into Executive Session at 3:56 p.m.
Pat Berryman arrived at 4:10 p.m.
Oliver left at 4:36 p.m.
Recessed out of Executive Session at 4:38 p.m.
EXECUTIVE SESSION:
The Georgetown Economic Development Corporation will meet in closed executive session as allowed by Texas
Open Meetings Act (Texas Government Code Chapter 551), as follows:
G.Section 551.072. DELIBERATION REGARDING REAL PROPERTY
Discussion and possible action to deliberate the purchase , exchange, lease or value of real property for purposes
authorized by Section 4A of Economic Development Act of 1979 (as amended) which discussion in open session
would have a detrimental effect on negotiations with third persons.
H.Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS.
Deliberation regarding commercial or financial information that the corporation has received from a business
prospect that the Georgetown Economic Development Corporation seeks to have locate, stay, or expand in or
near the territory of the City of Georgetown and with which the Corporation is conducting economic
development negotiations; and/or deliberation regarding the offer of a financial or other incentive to a business
prospect that the Corporation seeks to have locate, stay, or expand in or near the territory of the City of
Georgetown.
- Discussion and possible action regarding approval of a grant for new jobs created for an existing local
manufacturing company expanding its operations.
- Airborn
I. Section 551.071. CONSULTATION WITH ATTORNEY
Consultation with attorney regarding legal issues related to agenda items and other matters in which the duty of
the attorney to the Georgetown Economic Development Corporation under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas.
REGULAR SESSION:
The Board will reconvene in regular open session to take any action necessary related to any of
the above-posted executive session items.
Reconvened into Regular Session at 4:38 p.m.
J.Action from Executive Session.
Motion by Snell, second by Shelly to direct staff to move forward with negotiating and
drafting a Performance Agreement with the local manufacturing company discussed in
Executive Session pursuant to the terms discussed in Executive Session. Approved 4-0
(Oliver absent)
Motion Snell, second by Berryman to direct staff to draft an amended Performance
Agreement with Airborn, Inc. pursuant to the terms discussed in Executive Session.
The Meeting was adjourned at4:40 p.m.
Attest:
___________________________________________________________
Rick Smith, President Ben Oliver, Corporate Secretary
Notice of Meeting of the
Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, March 3, 2008
The Board of Directors of the Georgetown Economic Development Corporation, created pursuant
to Section 4A of the Economic Development Act of 1979, as amended (Tex. Rev. Civ. Stat. Ann.
Art 5190.6), will meet on Monday, March 3, 2008 beginning at 02:00 PM in the City Council
Chambers, located at 101 E. 7th Street, Georgetown, Texas
If you need accommodations for a disability, please notify the city in advance.
Georgetown Economic Development Corporation Members:
Ron Shelley, Rick Smith, Farley Snell, Pat Berryman, Ben Oliver
Call to Order at 02:00 PM
REGULAR SESSION:
Board may, at any time, recess the Regular Session to convene in Executive Session at the request of the Chair , a
Board Member, the City Manager, Assistant City Manager, City Council Member, 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 Board Meeting held Monday,
December 17, 2007--Farley Snell, Secretary
B.Consideration and possible action to elect officers to include President, Vice-President and
Secretary—Paul E. Brandenburg, General Manager
C.Discussion and possible action regarding the Project Progress Report. -- Mark Thomas, Economic
Development Director and Paul E. Brandenburg, General Manager
D.Consideration of the December 31, 2007 and January 31, 2008 Financial Reports--Micki Rundell,
Finance Manager
E. Acceptance of the Quarterly Investment Report for the Georgetown Economic Development
Corporation (GEDCO) for the quarter ended December 31, 2007--Micki Rundell, Finance
Manager
F.Consideration and possible action regarding wastewater line capacity increase serving the Inner
Loop Road area-- Mark Thomas, Economic Development Director and Paul E. Brandenburg,
General Manager
EXECUTIVE SESSION:
The Georgetown Economic Development Corporation will meet in closed executive session as allowed by Texas
Open Meetings Act (Texas Government Code Chapter 551), as follows:
G.Section 551.072. DELIBERATION REGARDING REAL PROPERTY
Discussion and possible action to deliberate the purchase , exchange, lease or value of real property for purposes
authorized by Section 4A of Economic Development Act of 1979 (as amended) which discussion in open session
would have a detrimental effect on negotiations with third persons.
H.Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS.
Deliberation regarding commercial or financial information that the corporation has received from a business
prospect that the Georgetown Economic Development Corporation seeks to have locate, stay, or expand in or
near the territory of the City of Georgetown and with which the Corporation is conducting economic
development negotiations; and/or deliberation regarding the offer of a financial or other incentive to a business
prospect that the Corporation seeks to have locate, stay, or expand in or near the territory of the City of
Georgetown.
- Project Core
- Downtown Project
I. Section 551.071. CONSULTATION WITH ATTORNEY
Consultation with attorney regarding legal issues related to agenda items and other matters in which the duty of
the attorney to the Georgetown Economic Development Corporation under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas.
REGULAR SESSION:
The Board will reconvene in regular open session to take any action necessary related to any of the
above-posted executive session items.
J.Action from Executive Session.
Certificate of Posting
I, Sandra Lee, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general
public at all times, on the _____ day of _________________, 2008, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
__________________________________
Sandra Lee, City Secretary
Minutes of the Meeting of
the Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, March 3, 2008
The Georgetown Economic Development Corporation of the City of Georgetown, Texas, met on
Monday, March 3, 2008.
Members Present:
Ron Shelly, Rick Smith, Pat Berryman, Ben Oliver
Members Absent:
Farley Snell
Staff Present:
Paul Brandenburg, General Manager, Mark Thomas, Economic Development Director, Trish
Carls, City Attorney, George Gomez, Economic Development Program Specialist, Glenn
Dishong, Water Services Manager, Micki Rundell, Finance Manager, Leticia Zavala, Controller,
Jim Briggs Assistant City Manager for Utility Operations, Tom Benz, System Engineer, Shirley
Rinn, Executive Assistant to the City Manager
Minutes
Regular Meeting
REGULAR SESSION:
Board may, at any time, recess the Regular Session to convene in Executive Session at the request of the Chair , a
Board Member, the City Manager, Assistant City Manager, City Council Member, 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.
Called to Order at 2:10p.m.
A.Consideration and approval of the minutes from the Regular Board Meeting held
Monday, December 17, 2007--Farley Snell, Secretary
Motion by Oliver, second by Smith to approve the minutes from the Regular Board
Meeting held Monday, December 17, 2007. Approved 3-0 (Snell and Berryman absent)
B.Consideration and possible action to elect officers to include President, Vice-President
and Secretary—Paul E. Brandenburg, General Manager
Pat Berryman arrived at 2:12 p.m.
Motion by Ron Shelly, second by Berryman to nominate Rick Smith for President.
Approved 4-0.
Motion by Ben Oliver, second by Ron Shelly to nominate Pat Berryman as Vice
President. Approved 4-0.
Motion by Ben Oliver, second by Rick Smith to nominate Ben Oliver as Secretary.
Approved 4-0.
C.Discussion and possible action regarding the Project Progress Report. -- Mark Thomas,
Economic Development Director and Paul E. Brandenburg, General Manager
Thomas gave the Board an overview of all of the active projects that the GEDCO Board
approved, including Citicorp, Vista Solutions/Loading Dock, Airborn, TLCC,
Orthopuetics, and other biotech companies.
D.Consideration of the December 31, 2007 and January 31, 2008 Financial Reports--Micki
Rundell, Finance Manager
Leticia Zavala gave the Board an overview of the Financial Reports, including monthly
sales tax revenues, monthly expenditures, budgetary report , and other relevant
financial information. She told the Board that they have done a different format of the
reports and would like the Board's feedback on the format.
E. Acceptance of the Quarterly Investment Report for the Georgetown Economic
Development Corporation (GEDCO) for the quarter ended December 31, 2007--Micki
Rundell, Finance Manager
Rundell presented the Quarterly Investment Report to the Board and explained the
reporting requirements as well.
F.Consideration and possible action regarding wastewater line capacity increase serving
the Inner Loop Road area-- Mark Thomas, Economic Development Director and Paul E.
Brandenburg, General Manager
Brandenburg gave an overview of the need for additional wastewater capacity
relationship between this item and Airborn. There was additional discussion regarding
the original intent of the Economic Development Sales Tax and where it has evolved to
today.
Discussion as to whether or not Airborn understood that the prior agreement pertained
to a specific piece of property and that if they didn't go on that site that agreement
would not pertain to a new site.
Thomas told the Board that the site in Longhorn Junction that Airborn is interested in
will need to have additional wastewater capacity in order to support the project.
Dishong explained to the Board that the City has utility masterplan that is utilized to
plan installation of water/wastewater infrastructure, and if you look at the City's
current 5 and 10 year Capital Improvement Plans, there are some planned
infrastructure improvements in this area scheduled over the next several years.
However, the timing of the projects planned in this area is impacting the need to
accelerate the installation of this infrastructure.
There was a question from the Board as to why the capacity isn't already in place.
Briggs told the Board the City applied for and received a grant from the Department of
Commerce in 1991 whereby 50% of the needed infrastructure was put in place. At that
time the planned use for that area was different than it is today. While the City
currently has plans to install the infrastructure, the timing of current projects has
accelerated the need to install the infrastructure improvements.
There was further discussion regarding the participation of Developments in areas
where the infrastructure needs to be increased.
Dishong gave the Board an overview of the current land use, as well as the
improvements that will need to be made in the affected area because of the
unanticipated uses of the area. He gave further overview of all of the restraints in the
system. He indicated that staff would prefer to build the whole line at one time instead
of doing small sections at a time.
There was additional discussion regarding short and long term wastewater needs for
the area and what needs to happen in order to stay ahead of the curve of need.
Per Dishong, the City can get it in the budget next fiscal year, but it needs to happen
now. The question is whether the 4A board can loan the City the money necessary to
move forward with the installation of the infrastructure and then be paid back by the
City in the next fiscal year?
Recessed into Executive Session at 3:15 p.m.
EXECUTIVE SESSION:
The Georgetown Economic Development Corporation will meet in closed executive session as
allowed by Texas Open Meetings Act (Texas Government Code Chapter 551), as follows:
G.Section 551.072. DELIBERATION REGARDING REAL PROPERTY
Discussion and possible action to deliberate the purchase , exchange, lease or value of real property for purposes
authorized by Section 4A of Economic Development Act of 1979 (as amended) which discussion in open session
would have a detrimental effect on negotiations with third persons.
H.Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS.
Deliberation regarding commercial or financial information that the corporation has received from a business
prospect that the Georgetown Economic Development Corporation seeks to have locate, stay, or expand in or
near the territory of the City of Georgetown and with which the Corporation is conducting economic
development negotiations; and/or deliberation regarding the offer of a financial or other incentive to a business
prospect that the Corporation seeks to have locate, stay, or expand in or near the territory of the City of
Georgetown.
- Project Core
- Downtown Project
I. Section 551.071. CONSULTATION WITH ATTORNEY
Consultation with attorney regarding legal issues related to agenda items and other matters in which the duty of
the attorney to the Georgetown Economic Development Corporation under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas.
REGULAR SESSION:
The Board will reconvene in regular open session to take any action necessary related to any of
the above-posted executive session items.
J.Action from Executive Session.
Executive Session was recessed at 3:45pm for a break and reconvened at 3:51p.m.
Reconvened into open session at 4:03 pm returned to open session.
Motion by Berryman , second by Oliver to recommend that the City Council approve a
$1.5M budget amendment to accelerate the Smith Branch WW Interceptor into the 2007/08
Capital Improvement Plan from the 2008/09 CIP which has not yet been adopted by City
Council. This action will appropriate funding for the project, thus increasing the current
year CIP and reducing next year's CIP. In addition, the Board also recommends that the
City Council approve a bond reimbursement resolution for $1.5M for bonds to be issued at
a later date (May 2009) for funding this project if necessary. Approved 4-0.
Motion by Berryman , second by Shelly to direct staff to work with consultants, experts and
other EDC's to research and provide information to the Board about the use of 4A funds for
spec projects including water, wastewater, land, infrastructure the purchase of property
and the construction of buildings. Approved 4-0
Motion by Shelly, second byBerryman to begin negotiations to enter into a Performance
Agreement with Kenny Nguyen up to $10,700 to install electrical infrastructure
improvements to his downtown property. Approved 4-0.
Motion by Berryman , second by Oliver to begin negotiations with Covelant Corvelant(as
corrected at the April 21, 2008 GEDCO Meeting to enter into a Performance Agreement for
$3,000 per job created up to 53 jobs. Approved 4-0.
The Meeting was adjourned at 4:15 p.m.
Attest:
___________________________________________________________
Rick Smith, President Ben Oliver, Corporate Secretary