HomeMy WebLinkAboutAgenda_GEDCO_03.21.2022Notice of Meeting for the
Georgetown E conomic Dev elopment Corporation
of the City of Georgetown
March 21, 2022 at 4:00 P M
at Georgetown City Hall Community Room, 808 Martin L uther K ing Jr. St.
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.
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 ons ideration and possible action to nominate and elect a P res ident, Vic e P resident, and S ec retary
c onsistent with S ec tion 3.02 of the G EDC O Bylaws — David Morgan, C ity Manager
B R eview and dis cus s ion regarding the Amended Bylaws for G EDC O approved by the C ity C ouncil on
April 23, 2019 - David Morgan, C ity Manager
C R eview and pos s ible ac tion related to the Day and Time of the G EDC O Board Meetings --David Morgan,
C ity Manager
D R eview and dis cus s ion regarding the C ity C ouncil Attendanc e P olic y for Board Members --David
Morgan, C ity Manager
E C ons ideration and approval of the F ebruary 21, 2022 G EDC O minutes - S haron P arker, Board Liais on.
F Disc ussion regarding the S taff R eport - David Morgan, G eorgetown C ity Manager
G Ac tion out of Executive S ession
E xecutiv e Session
In c omplianc e with the O pen Meetings Ac t, C hapter 551, G overnment C ode, Vernon's Texas C odes,
Annotated, the items listed below will be dis cus s ed in c los ed session and are s ubjec t to action in the regular
s es s ion.
H Section 551.087. D E LIB E R AT ION R E G AR D IN G E C ON O MIC D E VE LOP ME N T
N E G O T IAT IO N S.
Deliberation regarding commerc ial or financial information that the c orporation has rec eived from a
bus iness pros pect that the G eorgetown Economic Development C orporation seeks to have locate, s tay,
or expand in or near the territory of the C ity of G eorgetown and with whic h the C orporation is c onducting
ec onomic development negotiations ; and/or deliberation regarding the offer of a financial or other inc entive
to a busines s prospec t that the C orporation s eeks to have loc ate, stay, or expand in or near the territory of
the C ity of G eorgetown.
P rojec t Lonestar
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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 _________________, 2022, 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
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City of Georgetown, Texas
Georgetown Economic Development Corporation
March 21, 2022
S UB J E C T:
R eview and disc ussion regarding the Amended Bylaws for G EDC O approved by the C ity C ounc il on
April 23, 2019 - David Morgan, C ity Manager
IT E M S UMMARY:
Each year, G EDC O is asked to review the c urrent bylaws doc uments.
F IN AN C IAL IMPAC T:
N/A
S UB MIT T E D B Y:
S haron P arker
AT TAC H ME N T S:
Description Type
Bylaws Backup Material
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City of Georgetown, Texas
Georgetown Economic Development Corporation
March 21, 2022
S UB J E C T:
R eview and disc ussion regarding the C ity C ounc il Attendance P olicy for Board Members--David Morgan,
C ity Manager
IT E M S UMMARY:
S ection 2.07 Attendance of the Bylaws of the G eorgetown Economic Development C orporation states:
“Board Members are required to attend 75% of regularly s cheduled Board Meetings . Exc es s ive
abs enteeis m will be s ubjec t to action under C ounc il polic y.”
Additionally, C hapter 2.36 C I T Y C O MMI S S I O NS , C O MMI T T EES , AND BO AR DS , S ection
2.36.010(D) – Duties of Members of the C ity of G eorgetown C ode of O rdinanc es , als o addresses the
C ity C ounc il’s polic y on attendance for Board Members :
S EC 2.36.010 DUT I ES O F C O MMI S S I O N, C O MMI T T EE & BO AR D MEMBER S
“D. Attendance by Members is integral to succ es s of the c ommis s ion, c ommittee or board. It is C ouncil
policy to require a minimum of 75 perc ent attendanc e of each Member at eac h regularly s cheduled meeting
inc luding s ubc ommittee meetings . A Member shall be allowed two excus ed absences for the Member's
pers onal medical care, required medic al c are of a Member's immediate family member (as defined by C ity
O rdinanc e), or Member's military S ervic e that shall not count against the 75 perc ent attendanc e
requirement. Written notic e shall be s ent to a Member and the Member's C ity C ouncil repres entative when
it appears the Member may violate the attendance policy by being abs ent from more than 25 percent of
regularly s cheduled meetings, including subcommittee meetings. Excessive absenteeism may res ult in the
Member being replac ed by the C ouncil. If a Member is removed from a c ommittee, commission or board,
that pos ition shall be cons idered vacant and a new Member s hall be appointed to the Board in ac cordance
with S ection 2.36.040”
T he C ity S ecretary and the Mayor review attendanc e and determine if warning or removal letters need to be
s ent to a Member that is in danger of or has violated the 75% C ounc il mandated attendance policy.
Abs enc es are exc used for medic al reasons or military reasons . C ity C ounc il and S taff Liaisons are notified
if any letters are s ent to a Member.
Abs enc es for any S pec ial Meetings that are sc heduled do not c ount toward the 75% Attendance P olicy.
T he C ity of G eorgetown values the volunteers that s erve on its C ommis s ions, C ommittees or Boards and
is fortunate to have a multitude of citizens who apply to be a part of the public process by s erving on them.
Acc ordingly, it is very important that the members who are appointed to be on a C ity of G eorgetown
C ommis s ion, C ommittee or Board understand the importanc e of their attendanc e and their partic ipation at
the regularly sc heduled meetings of thes e C ommission, C ommittee or Board meetings.
F IN AN C IAL IMPAC T:
N/A
S UB MIT T E D B Y:
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S haron P arker
AT TAC H ME N T S:
Description Type
Boards and Commissions Attendance Policy Backup Material
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SEC 2.36.010 DUTIES OF COMMISSION, COMMITTEE & BOARD MEMBERS
Attendance by Members is integral to success of the commission, committee or board. It is
Council policy to require a minimum of 75 percent attendance of each Member at each
regularly scheduled meeting including subcommittee meetings. A Member shall be allowed
two excused absences for the Member's personal medical care, required medical care of a
Member's immediate family member (as defined by City Ordinance), or Member's military
Service that shall not count against the 75 percent attendance requirement. Written notice
shall be sent to a Member and the Member's City Council representative when it appears the
Member may violate the attendance policy by being absent from more than 25 percent of
regularly scheduled meetings, including subcommittee meetings. Excessive absenteeism may
result in the Member being replaced by the Council. If a Member is removed from a committee,
commission or board, that position shall be considered vacant and a new Member shall be
appointed to the Board in accordance with Section 2.36.040
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City of Georgetown, Texas
Georgetown Economic Development Corporation
March 21, 2022
S UB J E C T:
C onsideration and approval of the F ebruary 21, 2022 G EDC O minutes - S haron P arker, Board Liaison.
IT E M S UMMARY:
F IN AN C IAL IMPAC T:
N/A
S UB MIT T E D B Y:
S haron P arker
AT TAC H ME N T S:
Description Type
Minutes Backup Material
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GEDCO Minutes
February 21, 2022
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Minutes of the Meeting of the
Georgetown Economic Development Corporation
City of Georgetown, Texas
February 21, 2022
The Georgetown Economic Development Corporation of the City of Georgetown, TX, met on Monday, February 21,
2022 at 4:00 PM at City Hall, 808 Martin Luther King Jr Street, Georgetown, Texas
Members
Present:
Hugh Brown, Robert Hilton, Ron Garland, Steve Fought, Kevin Cummins, Barrie Laing, and Shawn
Hood
Members
Absent:
Staff
Present:
David Morgan, City Manager; Laurie Brewer, Assistant City Manager, Nick Woolery, Assistant City
Manager, Michaela Dollar, Director of Economic Development; Conchita Gusman, Business Retention
Manager, Nathan Parras, Finance Director, Erika Young, Sr. Budget Analyst, and Sharon Parker, Board
Liaison.
Guest
Present:
MINUTES
Meeting called to Order at 4:00 pm
A. Consideration and approval of the November 15, 2021 GEDCO Minutes— Sharon Parker, Board
Liaison
Motion to approve by Hugh Brown , 2nd by Barrie Laing . Approved 7-0.
B. Consideration and presentation on FY2022 GEDCO first quarter financial report –Nathan Parras,
Finance Director.
Nathan presented the quarterly financial report. Nathan discussed the operating revenue, non-operating
revenue, operating expenses, and non-operating expenses. No questions from the board. No action needed.
C. Discussion regarding the Staff Report -David Morgan, City Manager
• Performance Agreement Report
• Activity Report
• Other Staff Items
Michaela and Conchita presented the staff report. No action needed.
----GEDCO entered into Executive Session at 4:25 pm and returned to Regular Session at 4:40 pm-----
D. Action out of Executive Session.
Motion to approve Project Element as discussed in executive session by Ron Garland, 2nd by
Robert Hilton Approved 7-0 .
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GEDCO Minutes
February 21, 2022
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Motion to adjourn by Barrie Lang, 2nd by Ron Garland
Meeting adjourned at 4:40 pm
Hugh Brown, Secretary Kevin Cummins, President
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City of Georgetown, Texas
Georgetown Economic Development Corporation
March 21, 2022
S UB J E C T:
Dis cus s ion regarding the S taff R eport - David Morgan, G eorgetown C ity Manager
IT E M S UMMARY:
T he G EDC O Board has requested that staff provide a project progres s and status report at eac h meeting
on all of the ac tive projec ts dis cus s ed by the Board.
Activity R eport
P erformanc e Agreement R eport
O ther S taff Items
F IN AN C IAL IMPAC T:
N/A
S UB MIT T E D B Y:
S haron P arker
AT TAC H ME N T S:
Description Type
Activity Report - March 2022 Backup Material
Active Project Report Backup Material
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Economic Development
Activity Report
March 2022
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Strategic Goal 1
Support existing businesses and industries
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33
Business Retention Activity
0
10
20
30
40
50
60
Ma
r
-
2
1
Ap
r
-
2
1
Ma
y
-
2
1
Ju
n
-
2
1
Ju
l
-
2
1
Au
g
-
2
1
Se
p
-
2
1
Oc
t
-
2
1
No
v
-
2
1
De
c
-
2
1
Ja
n
-
2
2
Fe
b
-
2
2
Visits Touches
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4
•Second annual business climate survey
•Working on branding campaign for BRE program
Additional Business Retention Activity
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Strategic Goal 2
Enhance targeted recruitment of identified industries
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6
Leads Received
0
5
10
15
20
25
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
FY20 FY 21 FY22 Rolling 12-Month Average
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7
Qualified Leads
0
2
4
6
8
10
12
14
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
FY20 FY21 FY22 Rolling 12-Month Average
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8
Site Visits
0
1
2
3
4
5
6
7
8
9
10
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
FY20 FY 21 FY22 Rolling 12-Month Average
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9
Active Projects
0
10
20
30
40
50
60
70
80
Ma
r
-
2
1
Ap
r
-
2
1
Ma
y
-
2
1
Ju
n
-
2
1
Ju
l
-
2
1
Au
g
-
2
1
Se
p
-
2
1
Oc
t
-
2
1
No
v
-
2
1
De
c
-
2
1
Ja
n
-
2
2
Fe
b
-
2
2
Development Hot Warm Cool
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Strategic Goal 3
Diversify workforce development and recruitment initiatives
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11
•Held Virtual Veterans Job Fair ( 2/3/22)
•Attended ACC Manufacturing Summit as part of Workforce
Development Alliance planning
Workforce Development Activity
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Strategic Goal 4
Encourage speculative development
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13
•Continued working with landowners and developers on sites
including:
•Gateway35 Commerce
•Jackson Shaw
•Molto (Longhorn Junction)
•NorthPark35
•Portman Industrial (Longhorn Junction)
•Stonelake
•Woodgate
Speculative Development Activity
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Overarching Goal
Tell our story to a broader local audience
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15
•Hosted the 12th Annual Georgetown Swirl to a sold-out crowd
•Planning the 2022 WilCo EDP Site Selector Fam tour
•Beginning updates to 2022 Community Profile (transitioning to digital)
•Re-branding marketing materials to match Georgetown's updated brand
standards
•Planning National Small Business Week Workshops (May 2-6, 2022)
Other Activity
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Economic Indicators
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1717
Unemployment Rate
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
Ja
n
2
1
Fe
b
2
1
Ma
r
2
1
Ap
r
i
l
2
1
Ma
y
2
1
Ju
n
e
2
1
Ju
l
y
2
1
Au
g
2
1
Se
p
t
2
1
Oc
t
2
1
No
v
2
1
De
c
2
1
Unemployment Rate Rolling 12-Month Average
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1818
Sales Tax Collections
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022
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1919
Hotel Occupancy Tax Collections
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
Oct Nov Dec Jan Feb Mar April May Jun Jul Aug Sep
FY17 FY18 FY19 FY20 FY21 FY22
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2020
Construction Permit Applications
0
200
400
600
800
1000
1200
1400
1600
1800
Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sept 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22
# of Permits Valuation
(in millions)
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2121
Certificates of Occupancy Issued
0
1
2
3
4
5
6
7
8
Ma
r
2
1
Ap
r
i
2
1
Ma
y
2
1
Ju
n
2
1
Ju
l
2
1
Au
g
2
1
Se
p
t
2
1
Oc
t
2
1
No
v
2
1
De
c
2
1
Ja
n
2
2
Fe
b
2
2
COs Issued Rolling 12-Month Average
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2222
Average Wage
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
20
1
8
Q
4
20
1
9
Q
1
20
1
9
Q
2
20
1
9
Q
3
20
1
9
Q
4
20
2
0
Q
1
20
2
0
Q
2
20
2
0
Q
3
20
2
0
Q
4
20
2
1
Q
1
20
2
1
Q
2
20
2
1
Q
3
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Name Description Start Date
(Council
Approved)
End Date $ Encumbered
4871 Williams Dr., LLC (Sedro Crossing)Infrastructure reimbursement grant of
$250,000 to assist with improvements
(utilities and access points) for construction
of 89,500 square feet of commercial building
space.
3/26/2019 12/31/2023 $ 250,000
Atmos Gas Natural gas extension to NorthPark35 upon
confirmation of a signed user
6/8/2021 6/8/2024 $ 1,400,000
CelLink Infrastructure Reimbursement - Must invest
a minimum of $80,000,000 and remain in
Georgetown for 15 years
2/22/2022 2/22/2027 $ 2,500,000
CelLink Job Creation Grant - $3K for each job with an
average salary of $90K+, $2K for each job
with an average salary of $70K-$89K
2/22/2022 2/22/2027 $ 525,000
Champion Site Prep Infrastructure reimbursement grant
associated with the development of 30,000
SF headquarters facility representing a $13M
capital investment where the company shall
remain for at least 5 years.
1/28/2020 within 5 years of
the certificate of
occupancy date
$ 500,000
Cockrum Commercial (Sedro Crossing)Infrastructure reimbursement grant of
$250,000 to assist with improvements
(utilities and access points) for construction
of 60,000 square feet of new professional
office space on Williams Dr.
3/26/2019 12/31/2023 $ 250,000
GEDCO - AGREEMENTS STATUS REPORT
March 21, 2022
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Name Description Start Date
(Council
Approved)
End Date $ Encumbered
GEDCO - AGREEMENTS STATUS REPORT
March 21, 2022
Loram (GREX)$500,000 infrastructure reimbursement and
job retention/creation grant of $K per job, up
to $300K; must invest a minimum of $12M
and minimum average wages of $50K with
completion by 7/1/2024
2/23/2021 Five years from
CO
$ 800,000
Texas Speed & Performance Job creation grant of $2K per job up to 100
jobs in 5 years.
11/12/2019 11/12/2024 $ 200,000
Titan NorthPark35, LLC Infrastructure reimbursement grant for
electric infrastructure costs related to the
speculative development of a master
planned industrial business park located at
SH130 & I35.
11/17/2020 Certificate of
Occupancy date
$1,900,000
Titan NorthPark35, LLC
(Assigned from Motion Commercial
Properties)
Infrastructure reimbursement grant in
connection with the construction of 2 bldgs,
each $500K
Certificate of
occupancy date
10 year
anniversary of
start date
$ 1,000,000
WBW Development Infrastructure reimbursement grant of
$200,000 for qualified expenditures and a
$120,000 job creation grant for the creation
of 30 jobs over 6 years related to the
development of their headquarters location
in Downtown Georgetown. (*First
Amendment effective 11/9/2021 establishes
Certificate of Occupancy issue date as
11/9/2021)
3/8/2019 11/9/2027
(within 6 years of
the certificate of
occupancy date.
CofO date=
11/9/2021)
$ 320,000
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