HomeMy WebLinkAboutMinutes_GEDCO_11.15.2021Minutes of the Meeting of the
Georgetown Economic Development Corporation
City of Georgetown, Texas
November 15, 2021
The Georgetown Economic Development Corporation of the City of Georgetown, TX, met on Monday, November 15,
2021 at 4:00 PM at City Hall, 808 Martin Luther Kingjr Street, Georgetown, Texas
Members Hugh Brown, Robert Hilton, Ron Garland, Steve Fought, and Kevin Cummins.
Present:
Members
Absent: Barrie Laing and Shawn Hood
Staff David Morgan, City Manager; Michaela Dollar, Director of Economic Development; Conchita Gusman,
Present:
Business Retention Manager, and Sharon Parker, Board Liaison.
Guest Rosa Valdez, BCL
Present:
MINUTES
Meeting called to Order at 4:00 pm
A. Consideration and approval of the October 18, 2021 GEDCO Minutes— Sharon Parker, Board Liaison
Motion to approve by Robert Hilton 2"d t)y_HUgb Brawn Approved 5-0.
Barrie Lanz an haven Hood was ab ent.
B. Discussion and possible action to approve a Georgetown Small business Loan Program -Michaela
Dollar, Economic Development Director.
Michaela presented to the board a proposed partnership with BCL and how the program would work
between GEDCO and BCL. Guest speaker Rosa Valdez presented the background and experience
administration these types of programs. There was discussion to request adding interest back to the
requester if they default, also would like to add living wage requirement. Add activity of the loan program to
the staff report.
Motion to approve by Hugh Brown 2nd by Ron Garland _ Approved 5-0,
Barrie La. ng and Shawn Hood was absent.
C. Discussion regarding the Staff Report -David Morgan, City Manager
• Performance Agreement Report
• Activity Report
• Other Staff Items
Michaela presented the staff report. No action needed.
Meetin adj urned at 4:50 pm
5 nzn�2" -
Hugh BrAn, Secretary Kevin
GEDCO Minutes
October 18, 2021
Page 1 of 1