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HomeMy WebLinkAboutMinutes_GEDCO_07.18.2022Minutes of the Meeting of the Georgetown Economic Development Corporation City of Georgetown, Texas July 18, 2022 The Georgetown Economic Development Corporation of the City of Georgetown, TX, met on Monday, July 18, 2022 at 4:00 PM at City Hall, 808 Martin Luther Kingjr Street, Georgetown, Texas Members Hugh Brown, Kevin Cummins, Barrie Laing, Shawn Hood, Robert Hilton, Robert Case and Amanda Parr Present: Members Absent: Staff David Morgan, City Manager, Laurie Brewer, Assistant City Manager, Nick Woolery, Assistant City Present: Manager, Kim McAuliffe, Interim Economic Development Director, Conchita Gusman, Business Retention & Expansion Program Manager and Sharon Parker, Board Liaison. Guest Present: MINUTES Meeting called to Order at 4:00 pm A. Call to Order- Kevin Cummins, Board President Meeting was called to order at 4:00 pm. B. Consideration and approval of the June 20, 2022 GEDCO Minutes— Sharon Parker, Board Liaison Motion to approve by Barrie Laing , 2"d by --min Cummins . Approved 4-0 5hawn Hood and Amanda Parr came into meeting at 4;09. pm -Robert Casg did at vote since he wa,5 not on the_ board o_ n the tune 20 2_022 meeting. C. Sales Tax Presentation — Nathan Parras, Assistant Finance Director. Nathan presented the Sales Tax Methodology, he gave an overview of Sales Tax. He presented the sales tax model and went over the forecast and analytics. No action needed, presentation only- D. Discussion and possible action to recommend the FY2023 proposed GEDCO budget and administrative services contract— Nathan Parras, Assistant Finance Director. Nathan presented the FY2023 Proposed Budget. He went over the Budget Process, Revenues, Allocations, Expenditures and the Administrative contract. Motion to approve by Hugh Brown , 2111 by Robert Hilton . Approved 7-0 We have a two new Board Members - Robert Case and Amanda Parr. David recommended we have an introduction of board members and staff. The Board discussed the meeting time with the two new board members joining and all decided we would move future meetings to 4:15 pm. GEDCO Minutes July 18, 2022 Page 1 of 2 E. Discussion regarding the Staff Report -David Morgan, City Manager • Performance Agreement Report • Activity Report • Other Staff Items Kim and Conchita presented the staff report. No action needed. Motion to adjourn by Barrie Laing, 2nd obert Hilton Mee0 adjourned at 5 9 p e Lang, GEDCO Minutes July 18, 2022 Page 2 of 2