HomeMy WebLinkAboutMinutes_GEDCO_07.17.2023Minutes of the
Economic Development Corporation
City of Georgetown, Texas
Monday, July 17, 2023
The Georgetown Economic Development Corporation met on Monday, July 17, 2023 at 4:15 PM at
City Hall, 808 Martin Luther King, Jr Street.
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The following Members were in attendance:
Present were: Kevin Cummins, Barrie A Laing, Robert Hilton, Shawn Hood, Robert C Case
1. Regular Session
1.A Call to order
Call to order - Kevin Cummins, Board President
4:15 pm
1.6 Approval of minutes
Consideration and approval of the June 26, 2023 minutes - Kevin Cummins, Board
President
Moved by Robert C Case; seconded by Robert Hilton to Approve .
Motion Approved: 5- 0
Voting For: Kevin Cummins, Barrie A Laing, Robert Hilton, Shawn Hood, Robert C Case
Voting Against: None
1.0 FY2024 proposed Budget and administrative services contract
Discussion and possible action to recommend the FY2024 proposed GEDCO budget and
administrative services contract - Nathan Parras, Assistant Finance Director
Moved by Barrie A Laing; seconded by Robert C Case to Approve as presented by staff.
Motion Approved: 5- 0
Voting For: Kevin Cummins, Barrie A Laing, Robert Hilton, Shawn Hood, Robert C Case
Voting Against: None
5
1.D Staff Report
Discussion regarding the Staff Report - David Morgan, Georgetown City Manager
Cameron presented staff report
1.E Action from Executive Session
Action from Executive Session - Kevin Cummins, Board President
Moved by Robert C Case; seconded by Robert Hilton to Approve project Vapor as
discussed in executive session.
Motion Approved: 5- 0
Voting For: Kevin Cummins, Barrie A Laing, Robert Hilton, Shawn Hood, Robert C Case
Voting Against: None
2. Executive Session
In compliance with the Open Meetings Act, Chapter 551, Texas Government Code, Vernon's Codes,
Annotated, the items listed below will be discussed in closed session and are subject to action in the
regular session.
2.A Economic Development Negotiations
Section 551.087. DELIBERATION REGARDING ECONOMIC
DEVELOPMENT NEGOTIATIONS.
Deliberation regarding commercial or financial information that the corporation has
received from a business prospect that the Georgetown Economic Development
Corporation seeks to have locate, stay, or expand in or near the territory of the City of
Georgetown and with which the Corporation is conducting economic development
negotiations; and/or deliberation regarding the offer of a financial or other incentive to a
business prospect that the Corporation seeks to have locate, stay, or expand in or near
the territory of the City of Georgetown.
Project Vapor
GEDCO entered into Executive Session at 4:46 PM and returned to Regular Session at
5:00 PM
Adjournment
5:03 PM
These minutes`we\e apprpved at the meeting of
Chai
Attest
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