HomeMy WebLinkAboutAgenda_GEDCO_04.20.2015Notice of Meeting for the
Georgetown Economic Development Corporation and the governing body.
of the City of Georgetown
April 20, 2015 at 3:30 PM
at the City Council Chambers, located at 101 E. 7th Street, Georgetown, Texas
The City of Georgetown is committed to compliance with the Americans with Disabilities Act (ADA).
If you require assistance in participating at a public meeting due to a disability, as defined under the
ADA, reasonable assistance, adaptations, or accommodations will be provided upon request. Please
contact the City at least four (4) days prior to the scheduled meeting date, at (512) 930-3652 or City
Hall at 113 East 8th Street for additional information; TTY users route through Relay Texas at 711.
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 Consideration and approval of the minutes for Georgetown Economic Development Corporation
for the Regular Meeting held Monday, February 16, 2015--Hugh Brown, Secretary
B Consideration of the February 28 and March 31, 2015 Financial Reports-Micki Rundell, Finance
Manager
C Discussion and possible action regarding the Project Progress Report, including Airborn, Radix
BioSolutions, Lone Star Circle of Care, Georgetown Winery, Grape Creek Winery, Difusion
Technologies, Inc., Texas Life Sciences Collaboration Center (TLCC), Radix, Radiation Detection
Company, Summit at the Rivery Conference Center, Molecular Templates, Inc., and TASUS
Texas Corporation—Mark Thomas, Economic Development Director
D Action out of Executive Session.
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.
E Sec. 551.071: CONSULTATION WITH ATTORNEY
Consultation with attorney regarding legal issues related to agenda items and other matters in
which the duty of the attorney to the Georgetown Economic Development Corporation under the
Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas.
F Section 551.072. DELIBERATIONREGARDING REAL PROPERTY
Discussion and possible action to deliberate the purchase,exchange, lease or value of real property
for purposes authorized by the Development Corporation Act which discussion in open session
would have adetrimental effect on negotiations with third persons.
G Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS.
Deliberation regarding commercial or financial information that the corporation has received from
a business prospect that the Georgetown Economic Development Corporation seeks to have
locate, stay, or expand in or near the territory of the City of Georgetown and with which the
Corporation is conducting economic development negotiations; and/or deliberation regarding the
offer of a financial or other incentive to a business prospect that the Corporation seeks to have
locate, stay, or expand in or near the territory of the City of Georgetown.
- Project Block
- Project Lift
- Project Tut
- Project Park
CERTIFICATE OF POSTING
I, Jessica Brettle, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice
of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general public
at all times, on the ______ day of __________________, 2015, at __________, and remained so
posted for at least 72 continuous hours preceding the scheduled time of said meeting.
____________________________________
Jessica Brettle, City Secretary
City of Georgetown, Texas
Georgetown Economic Development Corporation
April 20, 2015
SUBJECT:
Consideration and approval of the minutes for Georgetown Economic Development Corporation
for the Regular Meeting held Monday, February 16, 2015--Hugh Brown, Secretary
ITEM SUMMARY:
ATTACHMENTS:
1. Draft Minutes for the Regular Meeting held Monday, February 16, 2015
FINANCIAL IMPACT:
None
SUBMITTED BY:
Hugh Brown, Corporate Secretary
ATTACHMENTS:
Description Type
Feb 2015 Cover Memo
GEDCO Minutes
December 8, 2014
Page 1 of 3
Minutes of the Meeting of the
Georgetown Economic Development Corporation
And the Governing Body of the
City of Georgetown, Texas
February 16, 2015
The Georgetown Economic Development Corporation of the City of Georgetown, Texas, met on
Monday, February 16, 2015.
Members Present:
Steve Fought, Hugh Brown, Patty Eason, Charles Carter
Members Absent: Kevin Kelly, John Hesser, Walt Barkalow
Staff Present:
Jim Briggs, Acting City Manager, Mark Thomas, Economic Development Director; Laurie
Brewer, Assistant City Manager; Terri McCord, Senior Accountant; Bridget Chapman, City
Attorney; Tina Dunbar, Administrative Assistant; Conchita Gusman, Program Manager
MINUTES
Call to Order at 03:31PM
Legislative Regular Agenda
A Consideration and approval of the minutes of the Georgetown Economic Development
Corporation for the Regular Meeting held Monday, December 8, 2014--Hugh Brown,
Secretary
Motion by Brown, second by Fought to approve the Georgetown Economic Development
Corporation minutes as amended for the Regular Meeting held Monday, December 8, 2014.
Approved 4-0
B Consideration of the January 31, 2015, the December 13, 2014 and the 2013/14 Preliminary
Year-End Financial Reports—Lisa Hanes
Lisa Hanes explained the reports.
C Discussion and possible action regarding the Project Progress Report, including Airborn,
Radix BioSolutions, Lone Star Circle of Care, Georgetown Winery, Grape Creek Winery,
Difusion Technologies, Inc., Texas Life Sciences Collaboration Center (TLCC), Radix, Radiation
GEDCO Minutes
December 8, 2014
Page 2 of 3
Detection Company, Summit at the Rivery Conference Center, Molecular Templates, Inc.,
and TASUS Texas Corporation— and Mark Thomas, Economic Development Director
Mark Thomas updated the board on recent activity and answered questions regarding
compliance status of projects.
D Discussion and Possible action regarding a spec office building development in the South
Georgetown TIRZ on Westinghouse Road—Mark Thomas
Mark Thomas introduced the item, explained how the TIRZ will work, and showed map of
this TIRZ area. Mr. Thomas explained that the Economic Development Department plans
to use GEDCO marketing funds to attract business to this development once it is complete.
Mr. Thomas introduced Don Bourn, the developer of the project, who described his plan for
the office buildings.
Discussion was held on the timelines for the building of infrastructure and office buildings
and types of businesses that will targeted in the marketing campaign. The developer hopes
to begin building in 2016.
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.
E Sec. 551.071: CONSULTATION WITH ATTORNEY
Consultation with attorney regarding legal issues related to agenda items and other matters
in which the duty of the attorney to the Georgetown Economic Development Corporation
under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas.
F Section 551.072. DELIBERATIONREGARDING REAL PROPERTY
Discussion and possible action to deliberate the purchase,exchange, lease or value of real
property for purposes authorized by the Development Corporation Act which discussion in
open session would have adetrimental effect on negotiations with third persons.
G Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS.
Deliberation regarding commercial or financial information that the corporation has
received from a business prospect that the Georgetown Economic Development
Corporation seeks to have locate, stay, or expand in or near the territory of the City of
Georgetown and with which the Corporation is conducting economic development
negotiations; and/or deliberation regarding the offer of a financial or other incentive to a
business prospect that the Corporation seeks to have locate, stay, or expand in or near the
territory of the City of Georgetown.
- Pecan Branch
GEDCO Minutes
December 8, 2014
Page 3 of 3
H Action out of Executive Session.
No action taken
MOTION TO ADJOURN – 4:25
Attest:
______________________________ ___________________________________
Hugh Brown, Corporate Secretary Patty Eason, President
City of Georgetown, Texas
Georgetown Economic Development Corporation
April 20, 2015
SUBJECT:
Consideration of the February 28 and March 31, 2015 Financial Reports-Micki Rundell, Finance
Manager
ITEM SUMMARY:
See Attachment
FINANCIAL IMPACT:
None
SUBMITTED BY:
Micki Rundell, Finance Manager
ATTACHMENTS:
Description Type
Financial reports Cover Memo
City of Georgetown, Texas
Georgetown Economic Development Corporation
April 20, 2015
SUBJECT:
Discussion and possible action regarding the Project Progress Report, including Airborn, Radix
BioSolutions, Lone Star Circle of Care, Georgetown Winery, Grape Creek Winery, Difusion
Technologies, Inc., Texas Life Sciences Collaboration Center (TLCC), Radix, Radiation Detection
Company, Summit at the Rivery Conference Center, Molecular Templates, Inc., and TASUS
Texas Corporation—Mark Thomas, Economic Development Director
ITEM SUMMARY:
The GEDCO Board has requested that staff provide a project progress and status report at each
meeting on all of the active projects discussed by the Board.
ATTACHEMENT:
1. Project Status Report
FINANCIAL IMPACT:
N/A
SUBMITTED BY:
Paul E. Brandenburg, General Manager and Mark Thomas, Economic Development Director
ATTACHMENTS:
Description Type
project report Cover Memo