HomeMy WebLinkAboutMinutes_GEDCO_06.01.2015Minutes of the Meeting of the
Georgetown Economic Development Corporation
And the Governing Body of the
City of Georgetown, Texas
June 1, 2015
The Georgetown Economic Development Corporation of the City of Georgetown, Texas, met on
Monday, April 20, 2015.
Members Present:
Steve Fought, Hugh Brown, Rachael Jonrowe, Kevin Kelly, Jeff Parker
Members Absent:
Bill Mateja
Staff Present:
David Morgan, General Manager; Jim Briggs, Assistant City Manager; Mark Thomas,
Economic Development Director; Laurie Brewer, Assistant City Manager; Paul Diaz, Finance;
Lisa Hanes, Senior Accountant; Bridget Chapman, City Attorney; Tina Dunbar, Administrative
Assistant; Conchita Gusman, Program Man
MINUTES
Call to Order at 03:31PM
A. No Executive Session, therefore, no action.
B. Consideration and approval of the minutes for Georgetown Economic Development
Corporation for the Regular Meeting held Monday, April 20, 2015 --Hugh Brown,
Secretary
Motion by Brown, second by Kelly to approve the Georgetown Economic Development
Corporation minutes for the Regular Meeting held Monday, April 20, 2015.
(Approved
C. Consideration of the April 30, 2015 Financial Reports-Micki Rundell, Finance Manager
Lisa Hanes explained the financial reports and she and Mark Thomas answered
questions.
Accepted by the Board
D. Presentation of the 2015-2016 Economic Development Department Budget - Mark Thomas
GEDCO Minutes
June 1, 2015
Page 1 of 3
Mark Thomas went through the budget presentation that was previously presented to
Council plus one slide regarding retail that was added. Discussion was held regarding
the marketing program, targeted retail, and defining community assets and areas.
E. Discussion and possible action regarding the Project Progress Report, including Radix,
DisperSol, Airborn, Lone Star Circle of Care, Georgetown Winery, Grape Creek Winery,
Difusion Technologies, Inc., Texas Life Sciences Collaboration Center (TLCC), Radiation
Detection Company, Summit at the Rivery Conference Center, Molecular Templates,
Inc., and TASUS Texas Corporation—Mark Thomas, Economic Development Director
Mark Thomas provided a summary of activity on several of the projects. Mark Thomas
updated the board on recent activity and answered questions regarding compliance
status of projects.
F. Consideration and possible action to nominate and elect a President, Vice -President, and
Secretary consistent with Section 3.02 of the GEDCO Bylaws— Mark Thomas, Director
of Economic Development
Morgan called for nominations and election of officers.
Motion by lonrowe, second by Brown to accept the nomination of and elect Steve
Fought to the office of President of the Corporation. Unanimously Approved
Motion by Jonrowe, second by Kelly to accept the nomination of and elect Hugh Brown
to the office of Vice President of the Corporation. Unanimously Approved
,r
Motion by Fought, second by Parker to accept the nomination of and elect to the office
of Secretary of the Corporation. Unanimously Approved
Adjourn at 4:14
Executive Session
In compliance with the Open Meetings Act, Chapter 551, Government Code, Vernon's Texas
Codes, Annotated, the items listed below will be discussed in closed session and are subject to
action in the regular session.
No Executive Session
GEDCO Minutes
June 1, 2015
Page 2 of 3
The meeting was adjourned at 4:30PM
Attest:
evin Kelly, C rporate cr tary
GEDCO Minutes
June 1, 2015
Page 3 of 3
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Steve Fought, President
