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HomeMy WebLinkAboutAgenda_GTEC_10.21.2020Notice of Meeting for the Georgetown Transportation E nhancement Corp and the Gov erning B ody of the City of Georgetown October 21, 2020 at 4:00 P M at Virtual T he C ity of G eorgetown is committed to compliance with the Americans with Disabilities Act (ADA). If you require as s is tance in partic ipating at a public meeting due to a disability, as defined under the ADA, reas onable as s is tance, adaptations , or ac commodations will be provided upon request. P leas e c ontact the C ity S ec retary's O ffic e, at leas t three (3) days prior to the sc heduled meeting date, at (512) 930-3652 or C ity Hall at 808 Martin Luther King Jr. S treet, G eorgetown, T X 78626 for additional information; T T Y users route through R elay Texas at 711. Consiste nt with Gover nor Gr eg A bbott’s suspension of var ious provisions of the O pen M ee tings A ct, e ffec tive A ugust 1, 2020 and until fur the r notic e, to r educ e the c hance of C O V I D-19 tr ansmission, all C ity of Ge orge town Advisor y B oar d mee tings will be held vir tually. P ublic c omment will be allowed via telec onfer ence ; no one will be allowed to appear in pe rson. To participate, please co py and paste the fo llo wing weblink into yo ur bro wser: Weblink: https://ge orge towntx.zoom.us/j/91543291513 M e eting I D: 915 4329 1513 Dial by your loc ation +1 346 248 7799 U S (H ouston), +1 669 900 6833 U S (S an J ose ), +1 253 215 8782 U S (Tac oma), +1 929 205 6099 U S (Ne w Yor k), +1 301 715 8592 U S (Ger mantown), +1 312 626 6799 U S (C hicago), 888 475 4499 U S Toll- fre e, 833 548 0276 U S Toll-fre e, 833 548 0282 U S Toll-fre e, 877 853 5257 U S Toll-fre e M e eting I D: 915 4329 1513 Citizen comme nts are acc epted in thr ee differ ent for mats: 1. Submit written comme nts to emily.koontz@geor getown.or g by 3:00p.m. on the date of the me eting and the Re cor ding Se cr etar y will re ad your c omments into the r ec ording during the item that is being discussed. 2. L og onto the mee ting at the link above and “r aise your hand” during the item 3. Use your home /mobile phone to call the toll-fre e numbe r To join a Zoom me eting, c lick on the link provided and join as an attende e. You will be aske d to e nte r your name and email addre ss (this is so we can ide ntify you when you ar e c alled upon). To spe ak on an item, clic k on the Page 1 of 47 “Raise your H and” option at the bottom of the Zoom mee ting we bpage once that ite m has opened. Whe n you are calle d upon by the Re cor ding Se cr etar y, your devic e will be r emotely un-muted by the A dministrator and you may spe ak for thre e minute s. P lease state your name clear ly, and when your time is over, your de vice will be muted again. Use of pr ofanity, thr eate ning language, slande rous r emarks or thr eats of harm are not allowed and will re sult in your being immediate ly r emove d from the me eting. Regular Session (T his R egular S es s ion may, at any time, be rec es s ed to c onvene an Exec utive S es s ion for any purpose authorized by the O pen Meetings Act, Texas G overnment C ode 551.) A C all to O rder B October 2020 G T EC Updates - Wes ley Wright, P.E., S ys tems Engineering Director/Michael Hallmark, C I P Manager C P resentation of G eorgetown Trans portation Enhanc ement C orporation preliminary monthly financial reports for S eptember 2020. -- Leigh Wallace, F inanc e Direc tor; Laurie Brewer Assistant C ity Manager D R eview of the s ales tax methodology and projec tions . - Nathan P arras, Assistant F inance Director L egislativ e Regular Agenda E C ons ideration and possible approval of the minutes from the July 15, 2020 and Augus t 19, 2020 G T EC Board Meeting. -- David Morgan - G eneral Manager, G T EC Board F S et a P ub lic hearing fo r No vember 18, 2020 by the G eorgetown Trans p o rtatio n Enhancement C orporation (G T EC ) regarding the expend iture o f 4B s ales tax funds for the p ro p o s ed Titan NorthP ark35 P rojec t - M ichaela D ollar, E conomic D evelopment D irector Adjournment Ce rtificate of Posting I, R obyn Densmore, C ity S ecretary for the C ity of G eorgetown, Texas, do hereby c ertify that this Notic e of Meeting was posted at C ity Hall, 808 Martin Luther King Jr. S treet, G eorgetown, T X 78626, a plac e readily acc es s ible to the general public as required by law, on the _____ day of _________________, 2020, at __________, and remained s o posted for at leas t 72 c ontinuous hours prec eding the s cheduled time of said meeting. __________________________________ R obyn Dens more, C ity S ec retary Page 2 of 47 City of Georgetown, Texas Transportation Enhancement Corp October 21, 2020 S UB J E C T: C all to O rder IT E M S UMMARY: F IN AN C IAL IMPAC T: N/A S UB MIT T E D B Y: Laura Wilkins - Board Liais on Page 3 of 47 City of Georgetown, Texas Transportation Enhancement Corp October 21, 2020 S UB J E C T: October 2020 G T EC Updates - Wesley Wright, P.E., S ystems Engineering Direc tor/Mic hael Hallmark, C I P Manager IT E M S UMMARY: October 2020 GT E C updates Northwest Boulevard: · Utility work c omplete · R oundabout final pavement c omplete w/temp s triping · S ub G rade prep c omplete on eas t s ide of I H 35. · piers and c olumn c onstruc tion c omplete/ bent cap cons t complete · MS E walls complete East side 95% wes t s ide · Beam s et s cheduled for 10-19 through 10-21 · Es timated c ompletion S pring 21 Rabbit Hill Road Improvements: Talks underway to return to initial projec t limits with the landowner donation of R O W. If R O W not donated modified limits will s tay. S outheast Inner loop/ Southwestern Blvd S outhwes tern: · P reparing plan/profile sheets. · F inalizing S torm C onveyanc e S ys tem for the project · Evaluating Water Q uality Treatment O ptions ; · P reparing Utility plan/profile sheets (water/was tewater) · Identifying utility c onflic ts R O W needs as certained to be forwarded to Travis by 1-17 S E Inner Loop: · P ro-dirt low bidder for S E Inner Loop submitting to c ouncil S eptember 8th · C ontrac ts to be submitted 10-12 and forwarded for approval · P re-c on to be sc heduled for week of 10-12 F IN AN C IAL IMPAC T: N/A S UB MIT T E D B Y: Wesley Wright, P.E., S ystems Engineering Direc tor/Mic hael Hallmark, C I P Manager Page 4 of 47 AT TAC H ME N T S: Description Type Oct GTEC updates Cover Memo Page 5 of 47 GTEC Board Meeting Date: Item No. GEORGETOWN TRANSPORTATION ENHANCEMENT CORPORATION AGENDA ITEM COVER SHEET ______________________________________________________________________________________________________________________________ _ SUBJECT: October 2020 GTEC Updates - Wesley Wright, P.E., Systems Engineering Director/Michael Hallmark, CIP Manager __________________________________________________________________________________________________________________________________ __ ITEM SUMMARY: October 2020 GTEC updates Northwest Boulevard: • Utility work complete • Roundabout final pavement complete w/temp striping • Sub Grade prep complete on east side of IH 35. • piers and column construction complete/ bent cap const complete • MSE walls complete East side 95% west side • Beam set scheduled for 10-19 through 10-21 • Estimated completion Spring 21 Rabbit Hill Road Improvements: Talks underway to return to initial project limits with the landowner donation of ROW. If ROW not donated modified limits will stay. Southeast Inner loop/ Southwestern Blvd Southwestern: • Preparing plan/profile sheets. • Finalizing Storm Conveyance System for the project • Evaluating Water Quality Treatment Options; • Preparing Utility plan/profile sheets (water/wastewater) • Identifying utility conflicts ROW needs ascertained to be forwarded to Travis by 1-17 SE Inner Loop: • Pro-dirt low bidder for SE Inner Loop submitting to council September 8th • Contracts to be submitted 10-12 and forwarded for approval • Pre-con to be scheduled for week of 10-12 Page 6 of 47 Northwest Boulevard (Fontana Drive to Austin Avenue) Project No. 5QX TIP No. AF October 2020 Project Description Construction of overpass and surface roads to connect Northwest Boulevard with Austin Avenue and FM 971. Purpose This project will relieve congestion at the Austin Avenue/Williams Drive intersection and provide a more direct access from the west side of IH 35 corridor to Georgetown High School and SH 130 via FM 971. Project Manager Joel Weaver and Wesley Wright, P.E. Engineer Klotz Associates Element Status / Issues Design Design Complete Environmental/ Archeological Complete Rights of Way ROW Documents are being finalized. All offers have been made. 8 Parcels required. 5 acquired, 1 in closing, 2 in condemnation. Construction • Utility work complete • Roundabout final pavement complete w/temp striping • Sub Grade prep complete on east side of IH 35. • piers and column construction complete/ bent cap const complete • MSE walls complete East side 95% west side • Beam set scheduled for 10-19 through 10-21 • Estimated completion Spring 21 Other Issues Page 7 of 47 Rabbit Hill Road Improvements Project (Westinghouse Road to S. Clearview Drive) Project No. 5RQ TIP No. BZ October 2020 Unchanged Project Description Reconstruct Rabbit Hill Road from Westinghouse Road northward to S. Clearview Dr. Widening along Westinghouse Road will also be included in the schematic for additional turning lanes to/from Westinghouse Road. The project length along the anticipated alignment is approximately 0.75 miles Project Managers Ken Taylor and Wesley Wright, P.E. Engineer CP&Y, Inc. Element Status / Issues Design Engineering update underway to bid to new project limits. Environmental/ Archeological Efforts underway and any issues are expected to be identified in the coming month. Rights of Way Two properties acquired as part of Mays St. Extension. Two remaining, negotiations ongoing and Council has approved condemnation. Total Parcels: 4 Possession: 2 Pending: 2 Utility Relocations Will be initiated as ROW/easements are acquired and as part of the bidding process. Multiple relocations expected – Round Rock water and Georgetown Electric. Construction ROW procurement ongoing Other Issues Talks underway to return to initial project limits with the landowner donation of ROW. If ROW not donated modified limits will stay. Page 8 of 47 Widening of: SE Inner Loop - FM 1460 to Austin Avenue Roadway & Southwestern Boulevard – Raintree Drive to SE Inner Loop Roadway October 2020 Project Description FM 1460 to Austin Avenue Roadway Widening Project & Southwestern Boulevard – Raintree Drive to SE Inner Loop Roadway Widening Project (See Attached Exhibit C). The professional services will consist of providing final roadway, drainage, water, wastewater, incidental designs, as well as, utility coordination, ROW support, environmental phase I investigations, archeological investigations, geotechnical investigations, ROW & Temporary Construction Easement (TCE) metes and bounds documents, bidding documents, bidding services, and construction administration services. Project Managers Joel Weaver and Wesley Wright, P.E. Engineer KPA & Associates Element Status / Issues Design Southwestern: • Preliminary alignment revised • Performing Hydrologic and Hydraulic calculations • ROW needs forwarded to Travis SE Inner Loop: • Project under environmental review at TCEQ. • Project bid/ pro-dirt low • To council in September construction begin Oct/Nov Environmental/ Archeological Efforts to begin April 2019 and any issues are expected to be identified in the coming month. Utility Relocations To be determined Construction Pro-dirt low bidder for SE Inner Loop submitting to council September 8th Contracts to be submitted 10-12 and forwarded for approval Pre-con to be scheduled for week of 10-12 Other Issues None. Page 9 of 47 City of Georgetown, Texas Transportation Enhancement Corp October 21, 2020 S UB J E C T: P res entation of G eorgetown Transportation Enhancement C orporation preliminary monthly financ ial reports for S eptember 2020. -- Leigh Wallac e, F inance Director; Laurie Brewer As s is tant C ity Manager IT E M S UMMARY: T he Bylaws of G T EC (Article V, S ec tion 6.02) require the F inanc e Manager to report the financ ial ac tivity of the C orporation to the Board. • F inancial reports • S ales Tax revenues • Any other relevant financ ial information S ales tax is rec eived two months in arrears; therefore the revenues reflec t only the amount rec eived, not actually earned, as of the report date. A report on payments made to vendors for the month of S eptember is als o included. F IN AN C IAL IMPAC T: N/A S UB MIT T E D B Y: Leigh Wallace F inance Director, C O G ; F inanc e Manager, G T EC AT TAC H ME N T S: Description Type GTEC Board Report Financials Backup Material GTEC - Oct Backup Material Page 10 of 47 COG - Budget Vs Actuals Georgetown Transportation Enhancement Corporation Fund Report FY2020 - Sept Ledger Account Approved Budget Current Period Year to Date (w/Encumbrance) Year-End Projection Beginning Fund Balance 21,649,668 0 21,649,668 21,649,668 Operating Revenue Sales Tax 7,937,500 1,417,595 7,620,621 7,975,000 Interest 230,000 3,816 272,223 225,000 Other Revenue 0 0 0 0 Operating Revenue Total 8,167,500 1,421,411 7,892,844 8,200,000 Operating Expenditures Administrative Support 410,223 34,119 410,466 410,223 Operating Expenditures Total 410,223 34,119 410,466 410,223 Total Net Operations 7,757,277 1,387,293 7,482,378 7,789,777 Non-Operating Revenue Bond Proceeds 4,700,000 0 4,740,000 4,700,000 Transfers In 0 0 0 0 Non-Operating Revenue Total 4,700,000 0 4,740,000 4,700,000 Non-Operating Expenditure Strategic Partnerships 5,734,375 0 0 2,000,000 CIP Expense 13,509,855 14,424 654,811 15,259,855 Debt Service 3,333,921 0 3,282,461 3,333,921 Non-Operating Expenditure Total 22,578,151 14,424 3,937,273 20,593,776 Total Net Non-Operations (17,878,151)(14,424)802,727 (15,893,776) Excess (Deficiency) of Total Revenue over Total Requirements (10,120,874)1,372,869 8,285,105 (8,103,999) Ending Fund Balance 11,528,794 1,372,869 29,934,773 13,545,669 Reserves Contingency Reserve 1,984,375 0 1,984,375 1,984,375 Debt Service Reserve 3,225,642 0 3,225,642 3,602,792 Total Reserved Fund Balance 5,210,017 0 5,210,017 5,587,167 Available Fund Balance 6,318,777 1,372,869 24,724,756 7,958,502 Page 11 of 47 F GTEC Monthly Report GTEC MONTHLY REPORT AS OF SEPTEMBER 30, 2020 Operating revenue is comprised of sales tax and allocated interest. Sales tax revenue is budgeted at $7.9 million and is two months in arrears. Sales tax collections for the first eleven months outpaced budget due to a combination of new businesses coming online, and the continued growth of the City’s core sector like retail. COVID has slowed revenues from March through present. Year to date, sales tax revenue for the city is up 12.4% when compared to the same period last year. Interest totals $272,223 through the period. Operating expense totals $410,466 for administrative charges in the General Fund and Joint Services Fund. Total expenses year to date represents slightly above 100% of the operating expense budget. Non-operating revenue projected at $4.7 million, is comprised of bond proceeds for various debt funded projects. Non-operating expense currently totals 3.9 million through September 30th. This segment of expenses includes transportation as well as the debt service payment of $528,060 for previously issued debt. The City pays debt service twice a year. Ending fund balance is projected to be 13.5 million at the end of FY2020. This is above the contingency requirements outlined in the City Fiscal and Budgetary Policy for the GTEC Fund. 7.447.53 7.66 7.817.897.917.927.917.95 8.118.18 8.28 7.00 7.20 7.40 7.60 7.80 8.00 8.20 8.40 8.60 Mi l l i o n s 12 Month Rolling Sales Tax 12 Month Rolling Sales Tax Page 12 of 47 City of Georgetown, Texas Transportation Enhancement Corp October 21, 2020 S UB J E C T: R eview of the sales tax methodology and projections. - N athan P arras, Assistant Finance D irector IT E M S UMMARY: F IN AN C IAL IMPAC T: N/A S UB MIT T E D B Y: Nathan P arras , Assistant F inanc e Direc tor AT TAC H ME N T S: Description Type Sales Tax Presentation Backup Material Page 13 of 47 FY2020 Annual Budget Sales Tax Methodology Page 14 of 47 FY2020 Annual Budget Overview of Sales Tax •$0.02 •$0.0625 •$0.0825 Page 15 of 47 FY2020 Annual BudgetSales Tax Break Down –The City of Georgetown’s Two Cents Page 16 of 47 FY2020 Annual Budget Sales Tax Model –Shape of Data Page 17 of 47 FY2020 Annual BudgetSales Tax Model –Large Data Sources•Two Major Sources of Data: –Confidential Report from the State Comptrollers Office (200,000 rows of data per month) –All Cities Data (230,000 rows of data annually) Page 18 of 47 FY2020 Annual Budget Sales Tax Model –Excel Power Pivot Page 19 of 47 FY2020 Annual Budget Sales Tax Model -NAICS NorthAmericanIndustrialClassificationSystem Page 20 of 47 FY2020 Annual Budget Sales Tax Model -Tables Page 21 of 47 FY2020 Annual Budget Sales Tax Model -Slicers Page 22 of 47 FY2020 Annual Budget Sales Tax Model -Slicers Page 23 of 47 FY2020 Annual Budget Sales Tax Model -Sector •FY2019 core sectors –63% •Food •Retail •Information Page 24 of 47 FY2020 Annual Budget Sales Tax Model -Subsector •Information Subsector Page 25 of 47 FY2020 Annual Budget Forecasting –Multiple Views •Different trend analysis –Regression types –Different timeframes •Correlation Models –Aggregate –Sector Based Page 26 of 47 FY2020 Annual Budget Forecasting –Consistency in Data Page 27 of 47 FY2020 Annual Budget Forecasting -Multiplier Month Month %Running Month %Multiplier 01) Oct 7.28%7.28%13.74 02) Nov 7.25%14.53%6.88 03) Dec 10.36%24.89%4.02 04) Jan 7.18%32.07%3.12 05) Feb 6.77%38.84%2.57 06) Mar 9.65%48.49%2.06 07) Apr 7.83%56.32%1.78 08) May 8.06%64.38%1.55 09) Jun 9.80%74.18%1.35 10) Jul 8.18%82.35%1.21 11) Aug 8.34%90.69%1.10 12) Sep 9.31%100.00%1.00 Page 28 of 47 FY2020 Annual BudgetForecasting –Another way to think about this… Player Average Points Per Game % of Total Points Projected Team Total Tim Duncan 19 40%87.5 Tony Parker 15.5 30%93.3 Manu Ginobili 13.3 27%88.9 Page 29 of 47 FY2020 Annual Budget Forecasting –Major Sectors •Four Year Average of Sectors •Food •Retail •Information Page 30 of 47 FY2020 Annual Budget Forecasting –Regression Analysis Sector Percentage Multiplier One-year Trend Aggregate Forecast Retail 44.12%2.27 $12,532,646 $28,402,795 Food 10.35%9.66 $2,952,346 $28,516,210 Information 7.65%13.08 $2,468,846 $32,288,264 Sector Percentage Multiplier Two -year Trend Aggregate Forecast Retail 44.12%2.27 $12,040,601 $27,287,671 Food 10.35%9.66 $2,873,971 $30,262,922 Information 7.65%13.08 $2,197,657 $28,741,572 Sector Percentage Multiplier Three-year Trend Aggregate Forecast Retail 44.12%2.27 $11,886,490 $26,938,410 Food 10.35%9.66 $2,760,738 $26,655,510 Information 7.65%13.08 $2,100,276 $27,648,000Page 31 of 47 FY2020 Annual Budget Forecasting •Multi-Level Analysis –Georgetown Data –Austin MSA region –Top Twenty cities in Texas –Regions in Texas –All Cities in Texas Page 32 of 47 FY2020 Annual Budget Forecasting –Score Card Fiscal Year Actual Projection Variance % Variance FY2015 $20,984,850 $21,000,000 (15,150)-0.07% FY2016 $23,437,496 $22,900,000 537,496 2.35% FY2017 $25,102,936 $25,300,000 (197,064)-0.78% FY2018 $27,254,787 $27,100,000 154,787 0.57% FY2019 $29,478,587 $29,750,000 (271,413)-0.91 Total $126,258,657 $126,050,000 $208,657 0.17% Page 33 of 47 FY2020 Annual Budget Forecasting •FY2019: all four-year end models are all in agreement. –Aggregate Linear 6M 29,931,760 –Aggregate Linear 12 M 29,938,399 –Aggregate Linear 18M 29,954,560 –Correlation 30,052,209 –Spread of only $120,000 (5.72% -6.15% over budget) –Standard deviation of less than $49,000. Page 34 of 47 FY2020 Annual Budget Forecasting Fund FY2020 Projection FY2021 Budget 100 –General Fund $17,943,750 $17,859,375 203 –Street Maintenance Fund $3,987,500 $3,958,750 400 –GTEC Fund $7,975,000 $7,397,500 420 -GEDCO $1,993,750 $1,984,375 Total Sales Tax $31,900,000 $31,750,000 Page 35 of 47 FY2020 Annual Budget Questions Page 36 of 47 City of Georgetown, Texas Transportation Enhancement Corp October 21, 2020 S UB J E C T: C onsideration and pos s ible approval of the minutes from the July 15, 2020 and August 19, 2020 G T EC Board Meeting. -- David Morgan - G eneral Manager, G T EC Board IT E M S UMMARY: F IN AN C IAL IMPAC T: N/A S UB MIT T E D B Y: David Morgan - G eneral Manager, G T EC Board AT TAC H ME N T S: Description Type Minutes 07.15.20 Backup Material Minutes 08.19.20 Backup Material Page 37 of 47 Minutes of the Meeting of Georgetown Transportation Enhancement Corporation and the Governing Body of the City of Georgetown, Texas Wednesday, July 15, 2020 The Georgetown Transportation Enhancement Corporation of the City of Georgetown, Texas, met on Wednesday, July 15, 2020. Board Members Present: Colin McGahey – Secretary, John Marler, Mike Triggs, Bob Whetsell, Steve Fought, Keith Fruge Board Members Absent: Al Hajka Staff Present: David Morgan, Laurie Brewer, Michaela Dollar, Emily Koontz, Wesley Wright Others Present: None Minutes Regular Session: (This Regular Session may, at any time, be recessed to convene an Executive Session for any purpose authorized by the Open Meetings Act, Texas Government Code 551.) A. Call to Order: Meeting was called to order at 4:03 PM by David Morgan B. Introduction of New Board Members and Visitors: No visitors. C. Review Board/Meeting Procedures – Emily Koontz, GTEC Liaison D. July 2020 GTEC Updates - Wesley Wright, P.E., Systems Engineering Director/Michael Hallmark, CIP Manager. Wright gave updates which are included in the packet. Legislative Regular Agenda: E. Nominations and election of President of the GTEC Board consistent with Section 3.02 of the GTEC Bylaws. – David Morgan – General Manager – GTEC Board John Marler was nominated for President by Whetsell and accepted the nomination. Motion by Whetsell, second by Triggs. Page 38 of 47 Roll call vote Marler – yes Triggs – yes Whetsell – yes McGahey – yes Fruge – yes Fought – yes Approved 6-0 (Hajka – absent) F. Nominations and election of Vice-President of the GTEC Board consistent with Section 3.02 of the GTEC Bylaws.--David Morgan-General Manager, GTEC Board Colin McGahey was nominated for Vice-President by Triggs and accepted the nomination. Motion by Triggs, second by Marler. Roll call vote Marler – yes Triggs – yes Whetsell – yes McGahey – yes Fruge – yes Fought – yes Approved 6-0 (Hajka – absent) G. Nominations and election of Secretary of the GTEC Board consistent with Section 3.02 of the GTEC Bylaws.--David Morgan-General Manager, GTEC Board Keith Fruge was nominated for Secretary by Whetsell and accepted the nomination. Motion by Whetsell, second by Marler. Roll call vote Marler – yes Triggs – yes Whetsell – yes McGahey – yes Fruge – yes Fought – yes Approved 6-0 (Hajka – absent) Page 39 of 47 H. Review and possible action related to the Day and Time of GTEC Board Meetings. – David Morgan - General Manager, GTEC Board Motion by Whetsell, second by Marler. Roll call vote Marler – yes Triggs – yes Whetsell – yes McGahey – yes Fruge – yes Fought – yes Approved 6-0 (Hajka – absent) I. Consideration and possible approval of the minutes from the December 18, 2019 GTEC Board Meeting. -- David Morgan - General Manager, GTEC Board Motion by Whetsell to approve the minutes as presented, second by McGahey. Roll call vote Marler – yes Triggs – yes Whetsell – yes McGahey – yes Fruge – yes Fought – yes Approved 6-0 (Hajka – absent) At this point the board moved to item L. J. Consideration and possible action from Executive Session - Project Zeus -- Michaela Dollar, Economic Development Director Motion by McGahey to approve the item as presented in Executive Session, second by Fruge. Roll call vote Marler – yes Triggs – yes Whetsell – yes McGahey – yes Fruge – yes Fought – yes Page 40 of 47 Approved 6-0 (Hajka – absent) K. Discussion and possible action to recommend the FY2021 proposed GTEC budget. Leigh Wallace, Finance Director; Laurie Brewer; Assistant City Manager. Motion by Whetsell, second by Triggs. Roll call vote Marler – yes Triggs – yes Whetsell – yes McGahey – yes Fruge – yes Fought – yes Approved 6-0 (Hajka – absent) Executive Session In compliance with the Open Meetings Act, Chapter 551, Government Code, Vernon's Texas Codes, Annotated, the items listed below will be discussed in closed session and are subject to action in the regular session. L. EXECUTIVE SESSION In compliance with the Open Meetings Act, Chapter 551, Government Code, Vernon's Texas Codes, Annotated, the item listed below will be discussed in closed session and is subject to action in the regular session. Sec. 551.087 Deliberation Regarding Economic Development Negotiations Project Zeus - Michaela Dollar, Economic Development Director At this point the board moved back to item J. ADJOURNMENT: MOTION by Fruge, second by Marler to adjourn the meeting. Motion by Whetsell, second by Marler. Roll call vote Marler – yes Triggs – yes Whetsell – yes McGahey – yes Fruge – yes Fought – yes Approved 6-0 (Hajka – absent) Page 41 of 47 Meeting adjourned at 4:33 PM. Adjournment Approved: Attest: _______________________ ________________________ John Marler - President Keith Fruge – Secretary _________________________ Emily Koontz – Board Liaison Page 42 of 47 Minutes of the Meeting of Georgetown Transportation Enhancement Corporation and the Governing Body of the City of Georgetown, Texas Wednesday, August 19, 2020 The Georgetown Transportation Enhancement Corporation of the City of Georgetown, Texas, met on Wednesday, August 19, 2020. Board Members Present: Al Hajka, John Marler - Chair, Mike Triggs, Bob Whetsell, Steve Fought, Keith Fruge Board Members Absent: Colin McGahey Staff Present: David Morgan, Laurie Brewer, Michaela Dollar, Emily Koontz, Wesley Wright, Nathan Parras Others Present: None Minutes Regular Session: (This Regular Session may, at any time, be recessed to convene an Executive Session for any purpose authorized by the Open Meetings Act, Texas Government Code 551.) A. Call to Order: Meeting was called to order at 4:03 PM by David Morgan B. Introduction of New Board Members and Visitors: No visitors. C. Discussion on how this virtual conference will be conducted, to include options for public comments and how the public may address the Commission – David Morgan - General Manager - GTEC D. August 2020 GTEC Updates - Wesley Wright, P.E., Systems Engineering Director/Michael Hallmark, CIP Manager. Wright gave updates which are included in the packet. E. Presentation of Georgetown Transportation Enhancement Corporation preliminary monthly financial reports for July 2020. -- Leigh Wallace, Finance Director; Laurie Brewer Assistant City Manager. Nathan Parras gave presentation which is included in the packet. Page 43 of 47 Legislative Regular Agenda: F. Consideration and possible recommendation to award a contract to EARTC in the amount of $312,670.88 for the SH29 Access Improvements Traffic Signal project --Wesley Wright, P.E., Systems Engineering Director/Michael Hallmark, CIP Manager. Motion by Fruge, second by Hajka. Roll call vote Marler – yes Triggs – yes Whetsell – yes Hajka – yes Fruge – yes Fought – yes Approved 6-0 (McGahey – absent) G. Consideration and possible recommendation to award a contract to ProDirt Services, LLC of Georgetown, Texas for construction of SE Inner Loop from Austin Avenue to FM 1460 in the amount of $4,866,665.00--Wesley Wright, P.E., Systems Engineering Director/Michael Hallmark, CIP Manager. Motion by Whetsell, second by Fruge. Roll call vote Marler – yes Triggs – yes Whetsell – yes Hajka – yes Fruge – yes Fought – yes Approved 6-0 (McGahey – absent) ADJOURNMENT: MOTION by Fruge, second by Marler to adjourn the meeting. Motion by Hajka, second by Marler. Roll call vote Marler – yes Triggs – yes Whetsell – yes Page 44 of 47 Hajka – yes Fruge – yes Fought – yes Approved 6-0 (McGahey – absent) Meeting adjourned at 4:11 PM. Adjournment Approved: Attest: _______________________ ________________________ John Marler - President Keith Fruge – Secretary _________________________ Emily Koontz – Board Liaison Page 45 of 47 City of Georgetown, Texas Transportation Enhancement Corp October 21, 2020 S UB J E C T: S et a P ublic hearing fo r Novemb er 18, 2020 by the G eo rgeto wn Transportation Enhancement C orporation (G T EC ) regard ing the expend iture of 4B sales tax fund s for the proposed Titan No rthP ark35 P rojec t - M ichaela D ollar, E conomic D evelopment D irector IT E M S UMMARY: S tate Law (Loc al G o vernment C o d e 505.159) req uires G T EC to provid e p ublic notice and ho ld a public hearing o n the propos ed projec ts to b e fund ed with the 4B s ales tax. T he req uired no tic e will be publis hed in the Williamson C ounty S un on November 8, 2020. T he public hearing will be c onducted by the G T EC Board of Directors . F IN AN C IAL IMPAC T: N/A S UB MIT T E D B Y: Mic haela Dollar, Ec onomic Development Direc tor AT TAC H ME N T S: Description Type Sun Publication Backup Material Page 46 of 47 Date: October 26, 2020 To: Williamson County Sun From: Michaela Dollar- Economic Development – 512-930-3688 Subject: Public Hearing Notice Please publish a border ad for the following Public Hearing Notice in the Sunday, November 8, 2020 edition of the Williamson County Sun. City of Georgetown Attn: Michaela Dollar P.O. Box 409 Georgetown, TX 78627-0409 Please send proof and cost and we will send the PO # GEORGETOWN TRANSPORTATION ENHANCEMENT CORPORATION NOTICE OF PUBLIC HEARING Sunday, November 18, 2020 - 3:30pm Georgetown Municipal Complex 300-1 Industrial Avenue – Georgetown, TX In accordance with Local Government Code 505.159, the Georgetown Transportation Enhancement Corporation will hold a public hearing regarding the expenditures of 4B sales taxes not to exceed Fiscal Year 2025 proposed transportation improvement plan. Proposed projects to be funded FY2021 Estimated Amount Titan NorthPark35 – Aviation Drive Extension Engineering $650,000 Page 47 of 47