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GEDCO Minutes
December 8, 2014
Page 1 of 2
Minutes of the Meeting of the
Georgetown Economic Development Corporation
And the Governing Body of the
City of Georgetown, Texas
December 8, 2014
The Georgetown Economic Development Corporation of the City of Georgetown, Texas, met on
Monday, December 08, 2014.
Members Present:
Steve Fought, Kevin Kelly, Patty Eason, Charles Carter, John Hesser, Walt Barkalow
Members Absent: Hugh Brown
Staff Present:
Jim Briggs, Acting City Manager, Mark Thomas, Economic Development Director; Micki
Rundell, Finance Manager; Laurie Brewer, Assistant City Manager; Jodi Levi, Senior
Accountant; Bridget Chapman, City Attorney; Tina Dunbar, Administrative Assistant; Conchita
Gusman, Program Manager
MINUTES
Call to Order at 01:30 PM
Legislative Regular Agenda
A Consideration and approval of the minutes of the Georgetown Economic Development
Corporation for the Regular Meeting held Monday, October 20, 2014‐‐Hugh Brown,
Secretary
Motion by Carter, second by Barkalow to approve the Georgetown Economic Development
Corporation minutes as amended for the Regular Meeting held Monday, October 20, 2014.
Approved 6‐0
B Discussion and possible action regarding the Project Progress Report, including Airborn,
Radix BioSolutions, Lone Star Circle of Care, Georgetown Winery, Grape Creek Winery,
Difusion Technologies, Inc., Texas Life Sciences Collaboration Center (TLCC), Radix, Radiation
Detection Company, Summit at the Rivery Conference Center, Molecular Templates, Inc.,
and TASUS Texas Corporation— and Mark Thomas, Economic Development Director
No update other than Summit at Rivery to be discussed in item D below.
C Consideration of the October, 2014 Financial Reports-Micki Rundell, Finance Manager
Rundell explained reports for October and November 2014.
D Consideration and possible action to approve an Amended Performance Agreement
between the Georgetown Economic Development Corporation, Novak Brothers, LLC and
Hines Georgetown Hotel, LLC, for the Summit at Rivery Park project.
Rundell started the discussion by providing information on the agreement details and
explaining that the project timing is the only change in the Amended Agreement.
Motion by Faught, second by Hesser to approve the Amended Performance Agreement.
Approved 6-0
E Action out of Executive Session.
No Executive Session
`W reltil"IMMUM
The Meeting was adjourned at 1:45 p.m.
Attest:
Hugh Brown, Corporate Secretary
GEDCO Minutes
December 8, 2014
Page 2 of 2
Patty Eason, President