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HomeMy WebLinkAboutMinutes_GEDCO_10.19.2020 GEDCO Minutes October 19, 2020 Page 1 of 2 Minutes of the Meeting of the Georgetown Economic Development Corporation City of Georgetown, Texas October 19, 2020 The Georgetown Economic Development Corporation of the City of Georgetown, TX, met virtuallyon Monday October 19, 2020. Members Present: Steve Bohnenkamp, Hugh Brown, Steve Fought, Ron Garland, Kevin Cummins (Barrie Laing joined after the meeting was called to order) Members Absent: Staff Present: Michaela Dollar, Director of Economic Development; Nathan Paras, Assistant Finance Director; David Morgan, City Manager; Laurie Brewer, Assistant City Manager; Conchita Gusman, Business Retention Manager, Katherine Clayton, Budget Analyst, Sharon Parker, Administrative Assistant Guest Present: MINUTES Steve Bohnenkamp called to Order at 4:01 pm A. Consideration and approval of the September 21, 2020 GEDCO minutes - Ron Garland, Secretary Motion to approve by Ron Garland, 2nd by Hugh Brown. Approved 5-0 (Barrie Laing joined after the meeting was called to order) B. Consideration of the October 1, 2020 financial report - Nathan Parras, Assistant Finance Director Nathan reviewed the financial report. No voting needed. C. Presentation and discussion regarding the mobility bond program targeting the May 2021 election - David Morgan, City Manager Bridget provided an overview of the mobility bond program. No voting needed. D. Discussion and possible action on the proposed first amendment to the Radiation Detection Company July 23, 2013 performance agreement - Michaela Dollar, Economic Development Director Michaela explained proposed amendment to performance agreement reflecting change in ownership and security of performance. Motion to approve amendment to performance agreement by Ron Garland, 2nd by Kevin Cummins. Approved 5-0 (Barrie Laing recused himself from the meeting for this agenda item) E. Discussion and possible action regarding the Staff Report -- David Morgan, City Manager • Performance Agreement Report • Activity Report • Other Staff Items Michaela Dollar introduced Sharon Parker, Administrative Assistant to Finance and Economic Development departments. Michaela reviewed the Performance Agreement report and the Activity Report. No voting needed. ----GEDCO entered into Executive Session at 4:48 pm and returned to Regular Session at 5:19 pm----- F. Action out of Executive Session. Motion to approve Project Door as discussed in executive session by Hugh Brown, 2nd by Ron Garland. Approved 6-0 Motion to approve Project LTI as discussed in executive session by Kevin Cummins, 2nd by Hugh Brown. Approved 6-0 Motion to approve Project Dazed as discussed in executive session by Steve Bohnenkamp, 2nd by Barrie Laing. Approved 6-0 GEDCO Minutes October 19, 2020 Page 2 of 2 Motion to adjourn by Kevin Cummins, 2nd by Steve Bohnenkamp Meeting adjourned at 5:25 pm Attest: Ron Garland, Secretary Steve Bohnenkamp, President