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HomeMy WebLinkAboutAgenda_GTEC_03.21.2018Notice of Meeting for the Georgetown Transportation Enhancement Corp of the City of Georgetown March 21, 2018 at 3:30 PM at GMC Building, 300-1 Industrial Av enue, Georgetown, TX 78626 The City o f G eo rgeto wn is committed to comp lianc e with the Americans with Dis abilities Ac t (ADA). If yo u req uire as s is tanc e in participating at a p ublic meeting d ue to a disability, as d efined und er the ADA, reas onab le as s is tance, ad ap tatio ns , or acc o mmo d ations will b e provid ed up o n req uest. P leas e c o ntact the City Sec retary's Office, at leas t three (3) days prior to the sc hed uled meeting d ate, at (512) 930-3652 o r City Hall at 113 Eas t 8th Street fo r add itional info rmation; TTY us ers ro ute through Relay Texas at 711. Regular Session (This Regular S es s io n may, at any time, b e rec es s ed to convene an Exec utive S es s io n fo r any p urpose authorized b y the Op en Meetings Act, Texas Go vernment Co d e 551.) A Call to Ord er B Introduction of New Board Memb ers and Vis itors C Review Bo ard /Meeting P ro cedures - Laura Wilkins , GTEC Bo ard Liais on D Ind ustry/C AMP O/TxDOT Updates E Marc h 2018 GT EC Up d ates - Wesley Wright, P.E., Sys tems Engineering Direc tor/Michael Hallmark, CIP Manager. F Pres entatio n o f Georgetown Trans p o rtation Enhanc ement Co rp o ration mo nthly financ ial reports for Feb ruary 2018 and disc ussion regard ing the F is cal Year 2017 external aud it and Comprehensive Annual Financial R ep o rt fo r the City and GTEC. - Leigh Wallace, Finance Director, COG, Finance Manager, GT EC. Legislativ e Regular Agenda G No minations and elec tion of President of the GTEC Bo ard c o nsistent with Sec tion 3.02 o f the GTEC Bylaws. – David Mo rgan – General Manager - GTEC H No minations and elec tion of Vice-Pres ident o f the GT EC Board cons is tent with S ectio n 3.02 of the GTEC Bylaws .--David Morgan-General Manager, GTEC Bo ard I No minations and elec tion of Sec retary of the GT EC Board cons is tent with S ectio n 3.02 of the GTEC Bylaws.--David Mo rgan-General Manager, GT EC Board J Review and p o s s ib le ac tion related to the Day and Time o f GTEC Bo ard Meetings. – David Morgan - General Manager, GTEC Bo ard K Co nsideration and possible ap p ro val o f the minutes from the Feb ruary 21, 2018 GTEC Bo ard Meeting. -- David Morgan - General Manager, GTEC Bo ard L Actio n from Executive S es s io n Executiv e Session Page 1 of 42 In compliance with the Op en Meetings Act, C hapter 551, Go vernment Code, Vernon's Texas Codes, Annotated, the items lis ted below will be d is c us s ed in closed s es s io n and are s ubjec t to actio n in the regular s es s io n. M EXECUTIVE SESSION Section 551.072 - Deliberation Regarding Real Property Disc ussio n regarding the possible p urc has e of ap p ro ximately 10.8 ac re trac t o n South Eas t Inner Loop, wes t o f FM 1460. – Travis Baird – Real Es tate S ervic es Co o rd inato r CERTIFICATE OF POSTING I, Shelley No wling, C ity S ecretary fo r the C ity of Geo rgeto wn, Texas , d o hereby c ertify that this Notice of Meeting was p o s ted at City Hall, 113 E. 8th Street, a p lace read ily acc es s ible to the general p ublic at all times , on the ______ d ay o f __________________, 2018, at __________, and remained so p o s ted fo r at leas t 72 c o ntinuo us ho urs p receding the sc heduled time o f s aid meeting. ____________________________________ S helley No wling, City Sec retary Page 2 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Call to Ord er ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: Laura Wilkins - Board Liaison Page 3 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Intro d uc tion o f New Bo ard Members and Vis ito rs ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: Laura Wilkins - Board Liaison Page 4 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Review Bo ard/Meeting Proc ed ures - Laura Wilkins , GT EC Board Liaison ITEM SUMMARY: The fo llo wing doc uments will b e provid ed , at the meeting, for your referenc e: Bylaws Code of Ord inance - Attend anc e Po lic y Roster Bo ard Memb er Tid b its & Don't Forgets Review: Attendanc e Polic y Quorum Requirements Sign in S heet Parking Attorney General Trainings - http s ://www.texas atto rneygeneral.go v/og/open-government-training 1. Open Meeting Ac t 2. P ublic Meetings Ac t FINANCIAL IMPACT: N/A SUBMITTED BY: Laura Wilkins - Board Liason Page 5 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Indus try/CAMPO/T xDOT Up d ates ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: Laura Wilkins - Board Liaison Page 6 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: March 2018 GTEC Updates - Wes ley Wright, P.E., S ystems Engineering Direc to r/Mic hael Hallmark, CIP Manager. ITEM SUMMARY: March 2018 Cover Sheet Airport Road: Engineering d es ign 100% +: WPAP ap p ro ved . Awaiting final 3 parc els to begin letting p ro cess mid -March fo r c lo s ing. Bid s c hed ule: Ad vertis e: March 18th & March 25th/ Prebid – Tues d ay, Ap ril 3rd ; 10 am/ Addend um cut off – Thursday, April 5th 5:00 p m/ Ad d endum Issued – Frid ay, Ap ril 6th./ Bid Op ening – Tues d ay Ap ril 10th 2:00 p m/LOR & Bid Tab b y Tues d ay evening/ GTEC – April 18th FM 1460 ROW & Utility Relocations: All water/was tewater utility relo cates have been c o mp leted and are in servic e.S c hed uled fo r c o mp letion late 2018. Northwest Boulevard: Engineering und erway: 90% p lans s ubmitted for review, received the fully exec uted AFA 10-20-17. Engineering c ompletio n s ched uled 5-18, Environmental Clearanc e 5-18 Ready to Let 7-18 with letting p ro p o s ed for Oc tober 18. ROW Doc uments are b eing finalized . Preliminary o utreach to land o wners has b een mad e and ap p rais al proc es s is und erway, 9 p arcels needed, 0 ac q uired to date, tentative b id late 2018. Rabbit Hill Road Improvements: Design is tentatively c o mp lete. ROW to be proc ured late 2018 Rivery Boulevard - TIA Improvements: Bid Opening held o n 1-23-2018, M&S Engineering has is s ued Letter o f Rec o mmendatio n. GTAB ap p ro ved o n 2-21-18, Counc il approved on o n 2-27-18. P re-Con is s et for 3-20-18 Rivery Boulevard Extension: Engineering is c omplete, WPAP is complete. Demo lition c o ntract for s tructures in the ROW ap p ro ved b y Counc il 2/27/18. Demo lition prec o n s c heduled for 3-15-18. Letting Sc hed ule: Ad vertis e: Marc h 25th & Ap ril 1st / P reb id – Thurs d ay, April 12th ; 10 am/ Addend um cut o ff – Thurs day, April 19th 5:00 p m/ Ad dend um Is s ued – F rid ay, Ap ril 20th./ Bid Op ening – Thursday April 26th 2:00 pm/ LOR/Bid Tab by Frid ay April 27th/ GTAB – May 11th Offers have been made o n 22 parc els . Clo s ed o n 20 parc els . Enviro nmental as s es s ment complete on 11 p arcels. Condemnation proc eed ings have been reques ted o n 2 p arcels. FINANCIAL IMPACT: N/A SUBMITTED BY: Page 7 of 42 Wes ley Wright, P.E., S ystems Engineering Direc to r/Mic hael Hallmark, CIP Manager. ATTACHMENTS: Description Type March 18 GTEC updates Backup Material Page 8 of 42 March 2018 Cover Sheet Airport Road: Engineering design 100% +: WPAP approved. Awaiting final 3 parcels to begin letting process mid-March for closing. Bid schedule: Advertise: March 18th & March 25th/ Prebid – Tuesday, April 3rd ; 10 am/ Addendum cut off – Thursday, April 5th 5:00 pm/ Addendum Issued – Friday, April 6th./ Bid Opening – Tuesday April 10th 2:00 pm/LOR & Bid Tab by Tuesday evening/ GTEC – April 18th FM 1460 ROW & Utility Relocations: All water/wastewater utility relocates have been completed and are in service. Scheduled for completion late 2018. Northwest Boulevard: Engineering underway: 90% plans submitted for review, received the fully executed AFA 10-20-17. Engineering completion scheduled 5-18, Environmental Clearance 5-18 Ready to Let 7-18 with letting proposed for October 18. ROW Documents are being finalized. Preliminary outreach to landowners has been made and appraisal process is underway, 9 parcels needed, 0 acquired to date, tentative bid late 2018. Rabbit Hill Road Improvements: Design is tentatively complete. ROW to be procured late 2018 Rivery Boulevard - TIA Improvements: Bid Opening held on 1-23-2018, M&S Engineering has issued Letter of Recommendation. GTAB approved on 2-21-18, Council approved on on 2-27-18. Pre-Con is set for 3-20-18 Rivery Boulevard Extension: Engineering is complete, WPAP is complete. Demolition contract for structures in the ROW approved by Council 2/27/18. Demolition precon scheduled for 3-15-18. Letting Schedule: Advertise: March 25th & April 1st / Prebid – Thursday, April 12th ; 10 am/ Addendum cut off – Thursday, April 19th 5:00 pm/ Addendum Issued – Friday, April 20th./ Bid Opening – Thursday April 26th 2:00 pm/ LOR/Bid Tab by Friday April 27th/ GTAB – May 11th Offers have been made on 22 parcels. Closed on 20 parcels. Environmental assessment complete on 11 parcels. Condemnation proceedings have been requested on 2 parcels. Page 9 of 42 Airport Road (Lakeway Blvd. to Aviation Dr.) March 2018 Project Description Expand Airport Road to 5 lanes (2 northbound, 2 southbound, & center turn lane). Purpose This project will relieve congestion on Airport Road, facilitate economic growth in the area, and improve the flow of traffic at the Lakeway intersection Project Manager Joel Weaver and Wesley Wright, P.E. Engineer KPA Engineers Element Status / Issues Design Complete Environmental/ Archeological Complete Rights of Way Procurement underway, offers made on all properties. 2 closed, 3 parcels preparing to close March 2018 acquisition (title clearing). Tentative closing March 2018. Total Parcels: 5 Acquired: 2 Closing Pending: 3 Condemnation: 0 Utility Relocations Conflicts exist, but appear to be minimal. Construction Bid schedule: Advertise: March 18th & March 25th/ Prebid – Tuesday, April 3rd ; 10 am/ Addendum cut off – Thursday, April 5th 5:00 pm/ Addendum Issued – Friday, April 6th./ Bid Opening – Tuesday April 10th 2:00 pm/LOR & Bid Tab by Tuesday evening/ GTEC – April 18th Other Issues All ROW will be expanded to the east as a result of Airport/Federal complications. Page 10 of 42 FM 1460 (Quail Valley Drive to University Drive) Project No. 5RB TIP No. BO & CD Rights-of-Way Acquisition and Utility Relocation March 2018 Project Description Acquisition of ROW and relocation of utilities for the FM 1460 Project (Quail Valley Drive to University Drive). Purpose To have all ROWs cleared and utilities prior to TxDOT letting the project for construction. Project Managers Ed Polasek, AICP, and Michael Hallmark Engineer Brown and Gay Engineers, Inc. Element Status / Issues Design Complete Environmental/ Archeological Complete Rights of Way Right of way acquisition complete. Section: North South Acquired: 36 8 Pending: 0 - Condemnation: 0 - Total: 36 8 Utility Relocations Complete Construction Under Construction, with TxDOT oversight. Tentatively scheduled to be complete late 2018. All City utilities have been relocated and are in service Other Issues Engineer preparing Change Orders for construction contract. Page 11 of 42 Rabbit Hill Road Improvements Project (Westinghouse Road to S. Clearview Drive) Project No. 5RQ TIP No. BZ February, 2018 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 Final Design Tentatively complete. Environmental/ Archeological Efforts underway and any issues are expected to be identified in the coming month. Rights of Way ROW to be acquired late 2018, two properties acquired as part of Mays St. Extension. Total Parcels: 9 Possession: 2 Pending: 0 Utility Relocations Will be identified as preliminary design and alignment plans are finalized. Multiple relocations expected – Round Rock water and Georgetown Electric. Construction ROW to be procured late 2018 Other Issues None. Page 12 of 42 Northwest Boulevard (Fontana Drive to Austin Avenue) Project No. 5QX TIP No. AF March 2018 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 Engineering underway: 90% plans submitted for review, received the fully executed AFA 10-20-17. Engineering completion scheduled 5-18, Environmental Clearance 5- 18 Ready to Let 7-18 with letting proposed for October 18. Environmental/ Archeological Concurrent with preliminary engineering and schematic design. Rights of Way ROW Documents are being finalized. Preliminary outreach to landowners has been made and appraisal process is underway. 9 parcels needed, 0 acquired to date, tentative bid late 2018. Utility Relocations TBD Construction Tentatively scheduled to begin mid-FY 2019. Other Issues Page 13 of 42 Rivery Boulevard (TIA Improvements) Project No. 5RP TIP No. None March 2018 Project Description Develop the Plans, Specifications and Estimate for roadway improvements necessitated by the development for the Summit at Rivery. Purpose To provide improved traffic flow into the Summit at Rivery hotel and conference center from Rivery Boulevard. Project Manager Joel Weaver and Wesley Wright, P.E. Engineer M&S Engineering, LLC Element Status / Issues Design Engineering 100% complete. Slight modification is being made to length of added lane to fit with existing features. Modifications are also being made to Williams Dr turn lane to eliminate the need for ROW at this location. TCEQ written WPAP approval is complete for Hintz, Williams and Wolf Ranch Pkwy turn lanes. Environmental/ Archeology TBD Rights of Way All easements acquired. Total Parcels: 2 Appraised: 0 Offers: 0 Acquired: 2 Closing pending: 0 Condemnation: 0 Utility Relocations TBD Bid Phase Bid Opening held on 1-23-2018, M&S Engineering has issued Letter of Recommendation. GTAB approved on 2-21-18, Council approved on on 2-27-18. Pre- Con is set for 3-20-18 Construction TBD Other Issues TBD Page 14 of 42 Rivery Boulevard Extension (Williams Drive to Northwest Boulevard @ Fontana Drive) Project No. 5RM TIP No. AD March 2018 Project Description Develop the Rights-of-Way Map, acquire ROW, address potential environmental issues and complete construction plans specifications and estimate (PS&E) for the extension of Rivery Boulevard from Williams Drive to Northwest Boulevard at Fontana Drive in anticipation of future funding availability. Purpose To provide a route between Williams Drive and Northwest Boulevard serving the Gateway area, providing an alternate route from Williams Drive to the future Northwest Boulevard Bridge over IH 35, to provide a route between the hotels in the Gateway area and the proposed Conference Center near Rivery Boulevard and Wolf Ranch Parkway. Project Manager Travis Baird, Joel Weaver, and Wesley Wright, P.E. Engineer Kasberg Patrick and Associates Element Status / Issues Design Plans at 100%. WPAP approved. Demolition contract for structures in the ROW to be bid 1-25-18. Project letting process begins first quarter 2018. Environmental/ Archeology Complete Rights of Way Offers have been made on 22 parcels, and 20 have closed. Environmental assessment complete on 11 parcels in preparation for demolition. Condemnation proceedings have been requested on 2 parcels. Aggressive efforts continue to close all outstanding parcels in FY 2017. Total Parcels: 22 Appraised: 22 Offers: 22 Acquired: 20 Closing pending: 0 Condemnation: 2 Utility Relocations TBD Construction Letting Schedule: Advertise: March 25th & April 1st / Prebid – Thursday, April 12th ; 10 am/ Addendum cut off – Thursday, April 19th 5:00 pm/ Addendum Issued – Friday, April 20th./ Bid Opening – Thursday April 26th 2:00 pm/ LOR/Bid Tab by Friday April 27th/ GTAB – May 11th Page 15 of 42 Other Issues TBD Page 16 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Presentatio n of Geo rgeto wn Transportation Enhancement Corporatio n monthly financial rep o rts fo r February 2018 and d is cus s io n regarding the Fis c al Year 2017 external aud it and C o mp rehens ive Annual Financ ial Report for the City and GTEC. - Leigh Wallace, Finance Director, COG, Finance Manager, GT EC. ITEM SUMMARY: The Bylaws o f GTEC (Article V, S ectio n 6.02) req uire the F inance Manager to rep o rt the financ ial ac tivity o f the Corporation to the Bo ard Financ ial rep o rts Sales Tax revenues Any other relevant financial information Sales tax is rec eived two months in arrears; therefore the revenues reflect only the a m o u n t received, not actually earned, as o f the rep o rt date. A report o n payments mad e to vend o rs fo r the mo nth of Feb ruary is also inc luded . The Fisc al Year 2017 external aud it was comp leted b y Weaver & Tidwell. GTEC is c o nsidered a “Blended Component Unit” o f the City and is includ ed in the aud it. S taff w i l l d is cus s the res ults o f the audit and p res ent the financ ial s tatements fo r GTEC. ATTACHMENTS: Mo nthly Financ ial R ep o rt Sales Tax His to ry Disburs ement Report Independ ent Aud itor ’s Rep o rt Aud ited Year-End F inancials Balanc e Sheet-Governmental Funds Statement of Revenues , Exp enditures and C hanges in Fund Balanc e-Governmental Funds Sc hed ule o f Revenues and Exp end itures (Bud get Basis) FINANCIAL IMPACT: N/A SUBMITTED BY: Leigh Wallace, Financ e Directo r, COG; Financ e Manager, GTEC ATTACHMENTS: Page 17 of 42 Description Type March - GTEC Financial Report Backup Material Page 18 of 42 Meeting Date March 21, 2018 Item No. _________ GEORGETOWN TRANSPORTATION ENHANCEMENT CORPORATION AGENDA ITEM COVER SHEET SUBJECT: Presentation of Georgetown Transportation Enhancement Corporation monthly financial reports for February 2018 and discussion regarding the Fiscal Year 2017 external audit and Comprehensive Annual Financial Report for the City and GTEC. Leigh Wallace, Finance Director, COG, Finance Manager, GTEC. ITEM SUMMARY: I. The Bylaws of GTEC (Article V, Section 6.02) require the Finance Manager to report the financial activity of the Corporation to the Board.  Financial reports  Sales Tax revenues  Any other relevant financial information Sales tax is received two months in arrears; therefore the revenues reflect only the amount received, not actually earned, as of the report date. A report on payments made to vendors for the month of February is also included. II. The Fiscal Year 2017 external audit was completed by Weaver & Tidwell. GTEC is considered a “Blended Component Unit” of the City and is included in the audit. Staff will discuss the results of the audit and present the financial statements for GTEC. ATTACHMENTS: Monthly Financial Report Sales Tax History Disbursement Report Independent Auditor’s Report Audited Year-End Financials Balance Sheet-Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balance- Governmental Funds Schedule of Revenues and Expenditures (Budget Basis) SUBMITTED BY: Leigh Wallace Finance Director, COG Finance Manager, GTEC Page 19 of 42  APPROVED BUDGET  CURRENT PERIOD   YEAR TO DATE  (W/ENCUMB)  YEAR‐END PROJECTION  BEGINNING FUND BALANCE 22,051,111 22,051,111 Operating Revenue Sales Tax 6,575,000 654,375 1,679,356 6,575,000 PID Assessments 553,201 ‐‐ 553,201 Interest 127,000 30,338 111,439 127,000 Operating Revenue Total 7,255,201 684,713 1,790,794 7,255,201 Operating Expenditure ‐ Administrative Support 364,814 30,276 151,380 364,814 Operating Expenditure Total 364,814 30,276 151,380 364,814 TOTAL NET OPERATIONS 6,890,387 654,437 1,639,414 6,890,387 Non‐Operating Revenue Other Grant Revenue ‐‐11,222 11,222 Non‐Operating Revenue Total ‐‐11,222 11,222 Non‐Operating Expenditure Pecan Center Dr to Airport Rd (FY15)5,390,290 295,701 491,274 5,390,290 Rivery TIA Improvements 1,016,790 ‐872 1,016,790 FM 971 / Fontana 66,431 ‐‐ 66,431 Rivery‐Extension Williams Dr to NW Blvd (FY16)767,678 2,818 26,261 767,678 IH 35 / HWY29 Intersection 650,000 ‐43,347 650,000 SH 29 to RM 2243 SW Bypass ‐‐205,376 205,376 SW Bypass 2243 to IH35 333,962 89 89 333,962 FM1460 Widening 501,260 4,742 141 501,260 Wolf Ranch Pkwy Extension 283,350 ‐‐ 283,350 Mays St 3,252,729 1,362 249,585 3,252,729 Tamiro Improvements 410,000 ‐‐ 410,000 Available for Projects TBD 1,643,750 ‐‐ 1,643,750 Debt Service 3,330,135 601,027 601,027 3,330,135 Non‐Operating Expenditure Total 17,646,375 905,739 1,617,972 17,851,751 TOTAL NET NON‐OPERATIONS (17,646,375)(905,739)(1,606,749) (17,840,528) EXCESS (DEFICIENCY) OF TOTAL REVENUE OVER TOTAL  REQUIREMENTS (10,755,988) (251,303) 32,665 (10,950,141)  ENDING FUND BALANCE 11,295,123 11,100,970 RESERVES Contingency 1,643,750 1,643,750 Reserved Bond Proceeds 4,150,000 4,150,000 Reserves Total 5,793,750 5,793,750 AVAILABLE FUND BALANCE 5,501,373 5,307,220 Georgetown Transportation Enhancement Corporation Fund Year‐End Projection to Approved: Feb FY2018 Page 20 of 42 Variance % Var. Month [a] 2013-14 2014-15 2015-16 2016-17 2017-18 To FY 17 To FY 17 Oct 367,451 392,374 424,201 458,993 497,912 38,919 8.48% Nov 398,208 411,566 451,065 500,856 508,257 7,401 1.48% Dec 538,728 575,095 592,798 642,167 651,758 9,591 1.49% Jan 357,430 350,778 386,252 440,023 Feb 347,604 356,428 432,468 422,226 Mar 457,421 495,804 533,967 549,206 Apr 424,007 410,683 435,906 469,044 May 450,289 382,794 481,672 500,753 Jun 493,224 522,356 571,069 605,936 Jul 409,739 435,977 478,136 619,557 Aug 392,059 411,552 530,326 491,386 Sep 477,892 500,805 541,513 575,588 Total 5,114,052$ 5,246,212$ 5,859,373$ 6,275,735$ 1,657,927$ 55,911$ 3.37% YTD 1,304,387$ 1,379,035$ 1,468,064$ 1,602,016$ 1,657,927$ 55,911$ 3.49%[b] Notes: [a] Sales tax revenue from the State Comptroller is received two months in arrears. [b] YTD compared thru current month. Georgetown Transportation Enhancement Corporation $0.00 $100,000.00 $200,000.00 $300,000.00 $400,000.00 $500,000.00 $600,000.00 $700,000.00 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Re v e n u e s Sales Tax  3 Year  Trend 2015‐16 2016‐17 2017‐18 Page 21 of 42 Sales Tax Update Please note this report include January’s figures. Sales Tax Process: Every month the City requests a confidential report from the State which shows collected sales tax by individual sales tax ID. Staff takes this information and inputs it to our sales tax model. This model allows staff to aggregate nearly a quarter of a million lines of data into various categories like sector, subsector, and area (i.e. Wolf Ranch, Downtown). Through four months in the fiscal year, sales tax collections have increased by 3.77%. The month of January increased by 4.80% relative to the same period last year. To project year-end sales tax figures staff uses four main models and over 20 sectors models with different timeframes and regression types. That work is done after the City receives sales tax data in May. In the interim, staff only relies on the four main models. As of right now, the three linear regression based models have sales tax finishing within 1% of budget. The correlation based model has the City finishing within 0.06% of budget. With every new data point these figures are updated, but four months through the fiscal year the data indicates the City will be within a percent of budget on sales tax. Sector Analysis: All figures represented in this sector section are estimates and are only used for forecasting. These are not actuals. The table below shows a sector comparison estimate for the past 5 years through 4 months of a fiscal year. Sum of Sales Tax Revenue Column Labels Row Labels 2014 2015 2016 2017 2018 Food 648,485 706,254 790,675 863,013 877,546 Information 484,420 538,575 630,089 686,587 631,881 Manufacturing 606,256 328,327 290,580 520,707 835,656 Other 717,759 964,758 952,518 1,159,344 1,037,439 Real Estate 283,624 80,483 108,860 111,875 126,739 Retail 3,272,051 3,688,387 3,901,657 3,901,463 3,948,821 Utilities 103,261 76,669 79,890 76,982 99,211 Wholesale 254,833 278,067 379,511 600,291 636,130 Undefined 51,789 11,842 35,611 21,089 18,431 Grand Total 6,422,477 6,673,363 7,169,390 7,941,352 8,211,856 Actuals Current Year Total 8,476,357.84 Prior Year Total 8,168,154.93 Net Difference 308,202.91 % Change 3.77% Current Month 1,844,649.15 Prior FY Month 1,760,090.78 Net Difference 84,558.37 % Change 4.80% Year to Year Comparison Month to Month Comparison Page 22 of 42 The table to the right shows a comparison of FY2017 to FY2018. The big drop in “Other” is related to a one time in nature payment that occurred in FY2017. The increase in manufacturing is due partially to increased activity in the sector and partially due to a change in a NAICS sector code. In Dec of FY2017, a company’s NAICS code was changed to the Manufacturing sector. When doing a comparison of FY2017 to FY2018, the latter is artificially higher because for the first two months the company’s collections were coded as something other than “manufacturing”. The City does not assign or change NACIS codes. That is handled by the State. The table below shows an estimated 5 year trend of sales tax by sector. The figure below shows sales tax collection for FY2018 by sector. Sum of Sales Tax Revenue Column Labels Row Labels 2017 2018 Food 863,013 877,546 1.68% Information 686,587 631,881 -7.97% Manufacturing 520,707 835,656 60.49% Other 1,159,344 1,037,439 -10.51% Real Estate 111,875 126,739 13.29% Retail 3,901,463 3,948,821 1.21% Utilities 76,982 99,211 28.88% Wholesale 600,291 636,130 5.97% Undefined 21,089 18,431 -12.60% Grand Total 7,941,352 8,211,856 3.41% Sum of Sales Tax Revenue Column Labels Row Labels 2013 2014 2015 2016 2017 Food 1,919,528 2,069,063 2,292,263 2,534,273 2,721,628 Information 1,372,746 1,521,922 1,683,076 1,905,514 1,856,809 Manufacturing 1,376,124 1,534,216 1,027,304 1,083,636 2,598,140 Other 2,042,416 2,375,267 2,775,584 3,226,855 3,316,667 Real Estate 422,002 864,298 400,762 368,898 340,319 Retail 9,367,290 9,926,097 10,759,859 11,578,269 11,145,952 Utilities 265,190 362,643 314,766 334,496 271,598 Wholesale 1,073,446 992,577 916,693 1,571,365 2,054,334 Undefined 122,175 136,086 89,528 127,450 84,231 Grand Total 17,960,917 19,782,168 20,259,835 22,730,757 24,389,678 Page 23 of 42 Check Report Summary For the Month Ending February 28, 2018 Gardere Wynne Sewell LP 4,269.06         SW Bypass 2243 to IH35 88.50                Rivery Ext 2,818.17           Mays St 1,362.39           Klotz Associates, Inc 27,529.50       FM 971 / Fontana (NW Bridge)25,212.00         NB Front Rd (2338 to Lakeway)2,317.50           31,798.56      31,798.56         Page 24 of 42 3/06/2018 2:58 PM A/P HISTORY CHECK REPORT PAGE: 4 VENDOR SET: 02 CITY OF GEORGETOWN BANK: JPM JP MORGAN CHASE DATE RANGE: 2/01/2018 THRU 2/28/2018 CHECK CHECK CHECK CHECK VENDOR I.D. NAME STATUS DATE AMOUNT DISCOUNT NO STATUS AMOUNT 10990 KLOTZ ASSOCIATES, INC. I-1017036 KAI 10-001 1ST AMENDMENT R 2/02/2018 239185 400 9-0980-90-049 NB FRONT RD (2338 TO LAKEWAY) KAI 10-001 1ST AMEND 2,317.50 I-1017037 KAI 14-001 R 2/02/2018 239185 400 9-0980-90-044 FM 971/ FONTANA (NW BRIDGE) KAI 14-001 9,162.76 11,480.26 10990 KLOTZ ASSOCIATES, INC. I-1117075 KAI 14-001 R 2/09/2018 239475 400 9-0980-90-044 FM 971/ FONTANA (NW BRIDGE) KAI 14-001 10,199.24 10,199.24 10990 KLOTZ ASSOCIATES, INC. I-1217013 KAI 14-001 R 2/16/2018 239657 400 9-0980-90-044 FM 971/ FONTANA (NW BRIDGE) KAI 14-001 5,850.00 5,850.00 011240 GARDERE WYNNE SEWELL LP I-1299994 LEGAL SVCS-ED R 2/23/2018 239868 400 9-0980-90-062 RIVERY EXT (WILLIAMS DR -NWESTLEGAL SVCS-ED 1,652.00 I-1301656 LEGALS SVCS-ED R 2/23/2018 239868 400 9-0980-90-024 SW BYPASS-2243 TO IH35 LEGALS SVCS-ED 88.50 I-1301657 LEGAL SVCS-ED R 2/23/2018 239868 400 9-0980-90-060 MAYS STREET LEGAL SVCS-ED 1,362.39 I-1301659 LEGAL SVCS-ED R 2/23/2018 239868 400 9-0980-90-062 RIVERY EXT (WILLIAMS DR -NWESTLEGAL SVCS-ED 1,166.17 4,269.06 * * T O T A L S * * NO INVOICE AMOUNT DISCOUNTS CHECK AMOUNT REGULAR CHECKS: 4 31,798.56 0.00 31,798.56 HAND CHECKS: 0 0.00 0.00 0.00 DRAFTS: 0 0.00 0.00 0.00 EFT: 0 0.00 0.00 0.00 NON CHECKS: 0 0.00 0.00 0.00 VOID CHECKS: 0 VOID DEBITS 0.00 VOID CREDITS 0.00 0.00 0.00 TOTAL ERRORS: 0 ** G/L ACCOUNT TOTALS ** G/L ACCOUNT NAME AMOUNT ---------------------------------------------------------------------- 400 9-0980-90-024 SW BYPASS-2243 TO IH35 88.50 400 9-0980-90-044 FM 971/ FONTANA (NW BRIDGE) 25,212.00 400 9-0980-90-049 NB FRONT RD (2338 TO LAKEWAY) 2,317.50 400 9-0980-90-060 MAYS STREET 1,362.39 400 9-0980-90-062 RIVERY EXT (WILLIAMS DR -NWEST 2,818.17 *** FUND TOTAL *** 31,798.56 Page 25 of 42 3/06/2018 2:58 PM A/P HISTORY CHECK REPORT PAGE: 5 VENDOR SET: 02 CITY OF GEORGETOWN BANK: JPM JP MORGAN CHASE DATE RANGE: 2/01/2018 THRU 2/28/2018 CHECK CHECK CHECK CHECK VENDOR I.D. NAME STATUS DATE AMOUNT DISCOUNT NO STATUS AMOUNT NO INVOICE AMOUNT DISCOUNTS CHECK AMOUNT VENDOR SET: 02 BANK: JPM TOTALS: 4 31,798.56 0.00 31,798.56 BANK: JPM TOTALS: 11 31,798.56 0.00 31,798.56 REPORT TOTALS: 11 31,798.56 0.00 31,798.56 Page 26 of 42 AN INDEPENDENT MEMBER OF BAKER TILLY INTERNATIONAL WEAVER AND TIDWELL, L.L.P. CERTIFIED PUBLIC ACCOUNTANTS AND ADVISORS 1601 SOUTH MOPAC EXPRESSWAY, SUITE D250, AUSTIN, TX 78746 P: 512.609.1900 F: 512.609.1911 3 Independent Auditor’s Report The Honorable Mayor Members of the City Council City of Georgetown, Texas Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business-type activities, the discretely presented component unit, each major fund, and the aggregate remaining fund information of the City of Georgetown, Texas (the City), as of and for the year ended September 30, 2017, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements as listed in the table of contents. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Page 27 of 42 City of Georgetown, Texas 4 Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, the discretely presented component unit, each major fund, and the aggregate remaining fund information of the City, as of September 30, 2017, and the respective changes in financial position and, where applicable, cash flows thereof, and the respective budgetary comparison for the general fund for the year then ended in accordance with accounting principles generally accepted in the United States of America. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis, Texas Municipal Retirement System pension schedules, Other Post-employment Benefits schedules, and Modified Approach for Street Infrastructure Capital Assets on pages 7 - 19 and 82 - 85 be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generallys accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City’s basic financial statements. The introductory section, combining and individual major and nonmajor fund financial statements and schedules and statistical section are presented for purposes of additional analysis and are not a required part of the basic financial statements. The schedule of expenditures of federal awards is presented for the purposes of additional analysis as required by the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), and is also not a required part of the basic financial statements. The combining and individual major and nonmajor fund financial statements and schedules and the schedule of the expenditures of federal awards are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual major and nonmajor fund financial statements and schedules and the schedule of expenditures of federal awards are fairly stated, in all material respects, in relation to the basic financial statements as a whole. Page 28 of 42 City of Georgetown, Texas 5 The introductory and statistical sections listed in the table of contents have not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on them. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated February 28, 2018 on our consideration of the City’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City’s internal control over financial reporting and compliance. WEAVER AND TIDWELL, L.L.P. Austin,Texas February 28, 2018 Page 29 of 42 City of Georgetown, Texas Balance Sheet – Governmental Funds September 30, 2017 The Notes to Financial Statements are an integral part of this statement. 26 Georgetown Transportation General Nonmajor Total Enhancement Debt Capital Governmental Governmental General Corporation Service Projects Funds Funds ASSETS Cash and cash equivalents 8,061,406$ 13,273,503$ 1,946,935$ 26,374,777$ 7,605,963$ 57,262,584$ Investments 2,545,707 4,191,633 - 8,328,877 3,800,594 18,866,811 Accounts receivable, net Property taxes 238,800 - 202,452 - - 441,252 Sales tax 2,274,975 1,011,100 - - 623,368 3,909,443 Grants - 1,521,845 - - 752,288 2,274,133 Note receivable 197,633 - - - - 197,633 Other 1,656,598 - - 148,557 2,217,639 4,022,794 Due from other funds 1,606,620 476,842 - 433,217 476,674 2,993,353 Prepaid items 41,069 - - - - 41,069 Inventories 7,946 - - - - 7,946 TOTAL ASSETS 16,630,754$ 20,474,923$ 2,149,387$ 35,285,428$ 15,476,526$ 90,017,018$ LIABILITIES Accounts payable and accrued liabilities 2,250,644$ 559,594$ 8,009$ 2,545,220$ 1,965,002$ 7,328,469$ Due to other funds 476,674 433,217 - - 2,005,770 2,915,661 Unearned revenue 339,011 - - 1,283,556 1,224,344 2,846,911 Total liabilities 3,066,329 992,811 8,009 3,828,776 5,195,116 13,091,041 DEFERRED INFLOWS OF RESOURCES Deferred property taxes 238,800 - 202,452 - - 441,252 Total deferred inflows of resources 238,800 - 202,452 - - 441,252 FUND BALANCE Nonspendable 246,648 - - - - 246,648 Restricted - - 1,938,926 17,258,365 5,037,998 24,235,289 Committed 9,297,000 11,556,682 - - 5,405,555 26,259,237 Assigned 919,906 7,925,430 - 14,198,287 333,207 23,376,830 Unassigned 2,862,071 - - - (495,350) 2,366,721 Total fund balance 13,325,625 19,482,112 1,938,926 31,456,652 10,281,410 76,484,725 TOTAL LIABILITIES, DEFERRED INFLOWS AND FUND BALANCE 16,630,754$ 20,474,923$ 2,149,387$ 35,285,428$ 15,476,526$ 90,017,018$ Page 30 of 42 City of Georgetown, Texas Statement of Revenues, Expenditures, and Changes in Fund Balance – Governmental Funds For the Fiscal Year Ended September 30, 2017 The Notes to Financial Statements are an integral part of this statement. 28 Georgetown Transportation General Nonmajor Total General Enhancement Debt Capital Governmental Governmental Fund Corporation Service Projects Funds Funds REVENUES Property taxes 12,604,850$ -$ 11,975,432$ -$ -$ 24,580,282$ Penalties and interest 81,401 - - - - 81,401 Property assessment - - - - 1,447,839 1,447,839 Sales tax 13,595,005 6,275,734 - - 3,137,867 23,008,606 Franchise taxes 4,973,295 - - - - 4,973,295 Other taxes 363,455 - - - 1,216,063 1,579,518 Licenses and permits 2,652,279 - - - - 2,652,279 Charges for service 11,838,632 - - - 2,435,034 14,273,666 Fines and forfeitures 453,675 - - - 46,902 500,577 Donations and grants 251,974 2,553,529 - 312,300 1,940,665 5,058,468 Investment income 75,836 164,952 59,063 317,416 54,803 672,070 Other revenue 497,196 7,539 - 109,550 1,434,148 2,048,433 Total revenues 47,387,598 9,001,754 12,034,495 739,266 11,713,321 80,876,434 EXPENDITURES Current Culture / recreation 9,552,133 - - - 1,810,148 11,362,281 Development 2,389,998 - - - 127,987 2,517,985 Fire services 12,500,721 - - - 2,347,749 14,848,470 General government 4,436,866 329,601 - - 25,000 4,791,467 Highways and streets 4,120,784 - - - 2,871,275 6,992,059 Police 14,471,049 - - - 266,022 14,737,071 Environmental services 6,189,991 - - - 138,869 6,328,860 Capital outlay - 11,598,850 - 27,383,102 238,037 39,219,989 Debt service Principal retirement - 540,000 9,832,836 - - 10,372,836 Interest and fiscal char ges - 419,185 5,048,765 340,975 - 5,808,925 Total expenditures 53,661,542 12,887,636 14,881,601 27,724,077 7,825,087 116,979,943 Excess (deficiency) of revenues over (under ) expenditures (6,273,944) (3,885,882) (2,847,106) (26,984,811) 3,888,234 (36,103,509) OTHER FINANCING SOURCES (USES) Transfers in 9,592,342 521,611 2,918,842 548,463 2,382,640 15,963,898 Transfers out (2,489,735) (2,577,502) - (2,190,632) (2,788,864) (10,046,733) Premiums on issuance of bonds - 369,010 - 1,430,276 - 1,799,286 Issuance of bonds - - - 17,210,000 - 17,210,000 Payment to refunding escrow agent - - - - - - Refunding bonds issued - 5,750,000 - - - 5,750,000 Total other financing sources (uses ) 7,102,607 4,063,119 2,918,842 16,998,107 (406,224) 30,676,451 Net change in fund balances 828,663 177,237 71,736 (9,986,704) 3,482,010 (5,427,058) FUND BALANCES, beginning of year 12,496,962 19,304,875 1,867,190 41,443,356 6,799,400 81,911,783 FUND BALANCES, end of year 13,325,625$ 19,482,112$ 1,938,926$ 31,456,652$ 10,281,410$ 76,484,725$ Page 31 of 42 City of Georgetown, Texas Georgetown Transportation Enhancement Corporation (GTEC) Schedule of Revenues and Expenditures (Budget Basis) – Budget and Actual (Non-GAAP) – Reconciled to GAAP Basis Fiscal Year Ended September 30, 2017 118 Original Budget Final Budget Actual Budgetary Basis Variance to Budget REVENUES Sales tax 5,875,000$ 5,875,000$ 6,275,734$ 400,734$ Grants 3,355,356 3,355,356 2,553,529 (801,827) Investment earnings 50,000 50,000 164,952 114,952 Other - - 7,539 7,539 Total revenues 9,280,356 9,280,356 9,001,754 (278,602) EXPENDITURES Operations 330,895 330,895 329,601 1,294 Principal, interest and fiscal charges 839,150 839,150 961,210 (122,060) Capital outlay 18,155,731 18,155,731 5,017,584 13,138,147 Total expenditures 19,325,776 19,325,776 6,308,395 13,017,381 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (10,045,420) (10,045,420) 2,693,359 7,352,061 OTHER FINANCING SOURCES (USES) Issuance of bonds 6,000,000 6,000,000 5,750,000 (250,000) Premium on issuance of bonds - - 369,010 369,010 Transfers in 553,201 553,201 521,611 (31,590) Transfers out (2,575,604) (2,575,604) (2,577,502) (1,898) Total other financing sources (uses) 3,977,597 3,977,597 4,063,119 85,522 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES AND OTHER FINANCING SOURCES (USES) - BUDGETARY BASIS (6,067,823) (6,067,823) 6,756,478 12,824,301 FUND BALANCE, beginning of period 11,022,875 11,022,875 11,017,018 (5,857) FUND BALANCE - BUDGETARY BASIS, end of period 4,955,052$ 4,955,052$ 17,773,496 12,818,444$ ADJUSTMENTS TO GAAP Reverse bond interest 2,025 Net changes in unrealized gains/(losses) on investments (3,530) GAAP adjustment (433,217) Reduce restricted fund balance 540,000 Reserve for encumbrances 1,240,430 Reverse voided purchase orders 356,286 Reverse prior year adjustments 6,622 FUND BALANCE - GAAP BASIS, end of period 19,482,112$ Page 32 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Nominations and electio n o f P res id ent of the GT EC Board cons is tent with S ec tio n 3.02 of the GTEC Bylaws . – David Morgan – General Manager - GT EC ITEM SUMMARY: Per the Bylaws o f the Geo rgeto wn Trans portation Enhancement Co rp oratio n Board – “Sec tion 3.02 – Officers. T he offic ers o f the c o rp o ratio n s hall be a pres ident, vic e p res id ent and s ec retary. T he board, at each annual meeting, shall elec t these o fficers. The board may appoint s uc h o ther offic ers as it d eems nec es s ary, who s hall have the authority, and s hall perform s uc h d uties as from time to time may be p res cribed by the b o ard .” FINANCIAL IMPACT: n/a SUBMITTED BY: David Morgan - General Manager, GTEC Board Page 33 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Nominations and electio n o f Vic e-President of the GTEC Bo ard c o nsistent with Sec tion 3.02 o f the GTEC Bylaws .--David Morgan-General Manager, GTEC Bo ard ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: David Morgan - General Manager, GTEC Board Page 34 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Nominations and electio n o f S ecretary o f the GTEC Bo ard c o nsistent with Sec tion 3.02 o f the GTEC Bylaws .--David Morgan-General Manager, GTEC Bo ard ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: David Morgan - General Manager, GTEC Board Page 35 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Review and pos s ible actio n related to the Day and Time of GTEC Board Meetings . – David Mo rgan - General Manager, GT EC Board ITEM SUMMARY: Per the GTEC Bylaws Section 2.03 Time & Date of Regular Meeting. T he b o ard shall meet on a regular basis, at a s pec ified time, d ay and loc ation as ap p ro ved annually by the board. All meetings shall b e c alled and held in acc o rd anc e with the Texas Op en Meetings Act, Chapter 551, Go vernment Co d e, as amended. The pres ident o f the b o ard may c anc el the meeting if there is no bus ines s to b e c o nducted . Currently, the GTEC Board meets on the third Wednesday of each month at 3:30 PM. FINANCIAL IMPACT: N/A SUBMITTED BY: David Morgan - General Manager, GTEC Board ATTACHMENTS: Description Type GTEC Mtg. dates 18-19 Backup Material Page 36 of 42 GEORGETOWN TRANSPORTATION ENHANCEMENT CORPORATION (GTEC) Meeting Schedule March 2018 – February 2019 All Regular Meetings will be held on the third WEDNESDAY of every month at 3:30 p.m. The meeting location is the Georgetown Municipal Complex, at 300-1 Industrial Avenue Please contact Laura Wilkins at 512-930-2010 if you have questions regarding meeting dates or times. MARCH 21, 2018 APRIL 18, 2018 MAY 16, 2018 JUNE 20, 2018 JULY 18, 2018 AUGUST 15, 2018 SEPTEMBER 19, 2018 OCTOBER 17, 2018 NOVEMBER 21, 2018 DECEMBER 19, 2018 JANUARY 16, 2019 FEBRUARY 20, 2019 Page 37 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Cons id eration and p o s s ib le approval of the minutes fro m the February 21, 2018 GT EC Board Meeting. -- David Morgan - General Manager, GTEC Board ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: David Morgan - General Manager, GTEC Board ATTACHMENTS: Description Type GTEC Minutes from 2-21-18 Backup Material Page 38 of 42 Minutes of the Meeting of Georgetown Transportation Enhancement Corporation and the Governing Body of the City of Georgetown, Texas Wednesday, February 21, 2018 The Georgetown Transportation Enhancement Corporation of the City of Georgetown, Texas, met on Wednesday, February 21, 2018 Board Members Present: Jay Warren – President, John Hesser – Vice President,– Secretary, Al Hajka, Colin McGahey, Rachael Jonrowe, Joe Pondrom Board Members Absent: Leo Wood, Staff Present: David Morgan, Jim Briggs, Mike Babin, Wes Wright, Octavio Garza, Laurie Brewer, Laura Wilkins, Paul Diaz, Erin Miller, Leigh Wallace, Michaela Dollar, Ed Polasek Others Present: Steven Widacki – M&S Engineering 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 called to order at 3:32 pm by Warren. The Board may, at any time, recess the Regular Session to convene in Executive Session at the request of the Chair, a Board Member, the City Manager, Assistant City Manager, General Manager of Utilities, City Council Member, or legal counsel for any purpose authorized by the Open Meetings Act, Texas Government Code Chapter 551, and are subject to action in the Regular Session that follows. B Introduction of Visitors Steve Widacki of M& S Engineering C Industry/CAMPO/TXDOT Updates: –State Highway 29 - building of the IH 35 overpass. Will start design work later this year. Have agreed to allow us to participate in the scoping of this project.- Question from Pondrom - anything from TxDOT on Leander Road? Answered by Polasek - no schematic yet - waiting on final design elements. D Presentation of Georgetown Transportation Enhancement Corporation monthly financial reports for January, 2018. Leigh Wallace, Finance Director, COG, Manager, GTEC. . Report presented by Leigh Wallace. Question by Hesser – Is sales tax down across the board or individual sectors? Answered by Diaz – will check but we are doing well compared to other areas in the state Page 39 of 42 E February, 2018 GTEC Updates - Wesley Wright, P.E.., Systems Engineering Director/Michael Hallmark, CIP Manager. . Airport Road – Design is done. Doing a few tweaks – instead of Lakeway to Halmar Cove – we will go from Lakeway to Aviation Drive – this will prevent acquisition of one piece of property and avoid a condemnation. Project can come forward for consideration probably in May or June. Start construction this summer. FM 1460 – moving along – done with right-of-way and engineering NW Blvd. – moving well. Will hire a firm to secure right-of-way – 10 parcels for the NW Blvd Bridge – these acquisitions will go to GTAB since this is funded through the Road Bond. GTEC Funded the design so will keep you updated on the project even though the items will not flow through this board. Rabbit Hill – slow - design is done – a few utility conflicts to work through still. Rivery TIA Discussed in Item G Rivery Blvd Extension – moving forward all of the right-of-way not yet acquired. Two parcels will go to condemnation. Taking to Council on the 13th a bid to demolish 10 structures – 9 homes and 1 business – these need to come down so that we can prep of the right-of-way. Project Bid for construction will go to GTAB. F Consideration and possible action to approve minutes from the regular GTEC Board meeting held November 15, 2017. – David Morgan, City Manager, COG; General Manager – GTEC MOTION by Jonrowe, second by McGahey to approve the minutes as presented. APPROVED 6-0 (Wood - Absent) G Consideration and possible recommendation to award a contract to Aaron Concrete Contractors, LP of Austin, Texas, for the construction of the Rivery Blvd. improvements project in the amount of $578,384.40 – Wesley Wright, P.E., Systems Engineering Director/Michael Hallmark, CIP Manager Item presented by Wright. MOTION by Pondrom, second by Hesser to award a contract to Aaron Concrete Contractors, LP of Austin, Texas, for the construction of the Rivery Blvd. Improvements project in the amount of $578,384.40. APPROVED 6-0 (Wood - Absent) ADJOURNMENT MOTION by Pondrom second by Hesser to adjourn the meeting. APPROVED 6-0 (Wood – Absent) Meeting adjourned at 3:49 pm. Adjournment Approved: Attest: _______________________ ________________________ Jay Warren- President Joe Pondrom– Secretary _________________________ Laura Wilkins – Board Liaison Page 40 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: Ac tion from Exec utive Session ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: Laura Wilkins - Board Liason Page 41 of 42 City of Georgetown, Texas Transportation Enhancement Corp March 21, 2018 SUBJECT: EXECUTIVE SESSION Section 551.072 - Del i berati on Regarding Real Property Dis cus s io n regard ing the p o s s ib le purchas e o f approximately 10.8 acre trac t on S o uth East Inner Loop, west of FM 1460. – Travis Baird – Real Es tate Services Coordinator ITEM SUMMARY: FINANCIAL IMPACT: N/A SUBMITTED BY: Travis Baird – Real Es tate Services Coordinato r Page 42 of 42