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HomeMy WebLinkAboutMinutes_GVPID_08.04.2009Georgetown Village Public Improvement District #1 Board of Director's Meeting Tuesday, August 4, 2009 371 Village Commons Blvd. Georgetown, Texas 78633 Board of Director's Present Cheryl Welch, President (M) William Wolf (M) Grace Pyka (M) Chance Leigh (M) Richard Nesbit (A) Bill Ennis (A) Kenny Adair (M) David Dees (A) Board of Director's Absent Mike Rains (M) Tom McKitrick (M) Minutes 1. Call to order: The meeting was called to order at 6:10 pm 2. Financial report: Financial Statement provided by Lorie Lankford, Accounting Supervisor City of Georgetown. (A copy is attached to the minutes). The Village is receiving more property tax income than originally budgeted. 3. City of Georgetown Representatives M. Rundell, M. Iwers and L. Lankford in attendance regarding PID budget submission: For 2009 property taxes, the PID should collect at least $179,695.43, but this number could rise depending upon the Appraisal Review Board. $1.3 million is under review, but that is significantly lower than the past year. The proposed budget is attached. The proposed budget estimates total costs to be $190,191, leaving a surplus of $22,859.00 since the account will begin with $33,354.00 at the end of the fiscal year. Landscaping was discussed. The issue of Bedford Park will be investigated because it is still unclear who is ultimately responsible for paying for the maintenance. If it is the city's responsibility, GTV PID may receive repayment for this. Parts of the park are not a park as designated by the City of Georgetown since they are drainage ponds. This would fall under Streets and Drainage. The contract with Sunterra can be renewed for 1 year if the costs do not increase for the same scope of work. If Sunterra does not agree, new bids must be submitted. Regarding responsibility of GTV, it was stated by the City of Georgetown representatives that the city has paid for some expenses in the past that are "above and beyond" the city standards. One example of this would be the street signs in GTV. The city has paid for these in the past. They might likely pay for repair of alleys, which are also beyond city standards. The budget and tax rate must be voted on at a special meeting before the next City Council Meeting. 4. Approval of meeting minutes- June 9, 2009: A motion was made to approve the minutes for the above date once the addresses in item 7 are removed. Motion: William Second: Kenny Ayes — 5 Nays — 0 Motion passed five (5) to zero (0). 5. RECAP OF APPROVED EXPENDITURES: SEE FINANCIAL STATEMENTS ATTACHED. 6. IMPENDING PID BOARD MEMBER VACANCY AND SECRETARIAL FUNCTION: Grace Pyka will resign as of August 7, 2009 because she is moving to another neighborhood in Georgetown. Her position on the board and duty as secretary must be filled. 7. MAINTENANCE OF FENCE LINE ALONG SHELL ROAD: The fence repair will be rebid before the next meeting. This will discussed at that time. 8. STATUS OF SECTION 6: THE 30 REMAINING LOTS COULD BE INCLUDED IN THE PID. THE LETTER TO OTHER RESIDENTS IS STILL UNDER REVIEW BY THE CITY OF GEORGETOWN AND THE GREEN BUILDERS ATTORNEY. 9. GEORGETOWN VILLAGE PID GOVERNING RULES: THE CHANGES WILL BE PRESENTED TO THE CITY COUNCIL AT THEIR NEXT MEETING. SOME CHANGES DO NOT NEED APPROVAL BY THE CITY OF GEORGETOWN, BUT CHERYL CAN WAIT AND MAKE ALL CHANGES TO THE DOCUMENT AFTER APPROVAL. EACH CHANGE NEEDS TO BE NOTED WITH INITIALS AND DATE. 10. NEW/OTHER BUSINESS: NONE 11- OPPORTUNITY FOR RESIDENT(S) TO ADDRESS THE PID BOARD: NONE 12. Adjourn: A motion was made to adjourn the meeting at 7:40 pm. Motion: William Second: Kenny Ayes — 5 Nays — 0 Motion passed five (5) to zero (0) at 7:01 pm. 'EHERYLVVELCH, President DATE Georgetown Village PID