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HomeMy WebLinkAboutMinutes_GEDCO_05.16.2016Minutes of the Meeting of the Georgetown Economic Development Corporation And the Governing Body of the City of Georgetown, Texas May 16, 2016 The Georgetown Economic Development Corporation of the City of Georgetown, Texas, met on Monday, May 16, 2016. Members Present: Kevin Kelly, Rachel Jonrowe, Bill Mateja, Jeff Parker, Hugh Brown Members Absent: Steve Fought, Steve Klein Staff Present: David Morgan, City Manager/General Manager; Wayne Reed, Assistant City Manager; Conchita Gusman, Economic Development Program Manager; Leah Wallace, Finance Director/Finance Manager; Shirley Rinn, Executive Assistant to the City Manager, Andreina Davila, Project Coordinator Others in Attendance: Karen Sheldon, Chamber of Commerce President MINUTES Call to Order at 4:02 PM Legislative Regular Session A. Consideration and approval of the minutes for Georgetown Economic Development Corporation for the Regular Meeting held Monday, April 18, 2016 --Kevin Kelly, Secretary The consideration of the approval of the April 18, 2016 Minutes will be tabled until the next GEDCO Board meeting due to posting error. B. Presentation, discussion, and possible action regarding the Performance Agreement between GEDCO and the Georgetown Independent School District--- David Morgan, General Manager Morgan introduced the item and provided a brief overview of the Performance Agreement GEDCO has with GISD. Dan Weyant, with GISD provided a PowerPoint Presentation regarding an update of the accomplishments of the Engineering Program at GISD to date, as well as the accomplishment of students who have completed the program. One of the GISD students, Kelsey Krupicka, addressed the Board to tell them about her experience participating in the Engineering Program at GISD, as well as her future goals. She also spoke to the Board about some ideas for some recognition programs for the students who participate. Dan Weyant then provided an overview of a new program related to aerospace engineering that GISD will be implementing in the coming year. GEDCO Minutes May 16, 2016 Page 1 of 2 Morgan told the Board that there is approximately $17,000 remaining in the funds that were awarded under the terms of the current Performance Agreement. GISD would like the GEDCO Board to consider allowing the remaining funding to be used for the new aerospace engineering program both for equipment and other aspects of the program. Morgan told the Board that there would need to be some modifications to the current Performance Agreement and that the information provided in this meeting was to give the Board an overview of the request and provide them the opportunity to ask questions and provide feedback. There was a brief discussion regarding participation of female students in the program and Wayant confirmed they are tracking and recruiting girls into the program. C. Consideration of the April 2016 Financial Report -- Laurie Brewer, Assistant City Manager, Leigh Wallace, Finance Manager, GEDCO Leigh Wallace presented the April 2016 financial report. There was a brief discussion regarding the unallocated funding for Projects and what the strategy/strategies are for utilizing those funds. D. Discussion and possible action regarding the Project Progress Report—David Morgan, City Manager -Performance Agreement Report -Retail Study and Recruitment Plan -Other Projects Morgan told the Board that at the next meeting they would be providing an update to the Board on the terms and conditions of all of the Performance Agreements. Wayne Reed provided a timeline and update on the Retail Study and Recruitment Plan. He specifically let them know that on June 15-17, 2016 Catalyst will be interviewing community stakeholders. The Board scheduled a Special Board Meeting on June 17th at 10:00 a.m. for an update from Jason Claunch with Catalyst, as well as any items that were planned for the regular meeting that would have been held on June 20th E. Action out of Executive Session. There was no action out of Executive Session. Motion by Mateja, second by Jonrowe to adjourn. Adjourn at 5:10 p.m. ATTEST: K in Kelly, Corp rate Secr t ry GEDCO Minutes May 16, 2016 Page 2 of 2 Hugh Brown, qesident