HomeMy WebLinkAboutAgenda_GEDCO_07.16.2018Notice of Meeting for the
Georgetown Economic Dev elopment Corporation
of the City of Georgetown
July 16, 2018 at 4:00 PM
at the City Council Chambers, located at 101 E. 7th Street, 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 Co nsideration and approval of the minutes fo r Georgetown Ec o nomic Develo p ment Co rp o ration for the
Meeting held Mo nday, June 18, 2018--Steve Bo hnenkamp , Sec retary
B Co nsideration of the June 2018 financial report. Leigh Wallace, Finance Manager, GEDCO, Finance
Directo r, COG
C Dis cus s ion and pos s ible actio n regarding the Staff Rep o rt —David Morgan, C ity Manager
-P erformance Agreement Report
-Activity Report
-Other Staff Items
D Co nsideration and possible actio n regard ing repairs to the stuc co exterior o f the b uilding at 101 W 7th St,
Georgetown, T X 78626 - Mic haela Dollar, Directo r of Ec o nomic Develo p ment
E Actio n o ut o f Exec utive Session.
Executiv e Session
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.
F Section 551.072. DELIBERATIONREGARDING REAL PROPERTY
Dis cus s ion and pos s ible actio n to d elib erate the p urc hase,exc hange, leas e or value of real property for
purp o s es authorized b y the Development C o rp o ration Ac t which disc us s io n in o p en s es s io n would have a
detrimental effect on negotiations with third pers ons .
G Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS.
Delib eratio n regarding commerc ial or financ ial info rmation that the corp o ration has rec eived fro m a
bus iness pros pec t that the Georgetown Ec ono mic Develo p ment Co rp oratio n s eeks to have loc ate, stay, or
exp and in or near the territory of the City o f Georgetown and with whic h the C o rp o ration is cond uc ting
ec o nomic d evelopment nego tiatio ns; and/o r deliberatio n regarding the o ffer of a financ ial or o ther
incentive to a bus iness p ro s p ect that the C o rp o ration seeks to have lo cate, s tay, o r exp and in o r near the
Page 1 of 40
territory o f the City o f Georgetown.
- Projec t To ms
H Sec. 551.071: CONSULTATION WITH ATTORNEY
Co nsultation with attorney regarding legal is s ues related to agenda items and other matters in whic h (1)
when the go vernmental body seeks the advic e o f its attorney ab o ut: (A) p ending o r c o ntemp lated
litigatio n; o r (B) a s ettlement o ffer; o r (2) o n a matter in which the d uty of the attorney to the go vernmental
body under the Texas Dis ciplinary Rules o f P ro fes s io nal Cond uc t o f the S tate Bar o f Texas clearly
c o nflic ts with this chap ter - Charlie McNabb, C ity Attorney
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 40
City of Georgetown, Texas
Georgetown Economic Development Corporation
July 16, 2018
SUBJECT:
Cons id eration and ap p ro val o f the minutes for Geo rgeto wn Econo mic Development Corporatio n fo r the
Meeting held Mond ay, June 18, 2018--Steve Bohnenkamp, S ecretary
ITEM SUMMARY:
ATTACHMENTS:
Draft Minutes
FINANCIAL IMPACT:
None
SUBMITTED BY:
Steve Bo hnenkamp, C o rp o rate Sec retary
ATTACHMENTS:
Description Type
minutes Cover Memo
Page 3 of 40
GEDCO Minutes
June 18, 2018
Page 1 of 3
Minutes of the Meeting of the
Georgetown Economic Development Corporation
City of Georgetown, Texas
June 18, 2018
The Georgetown Economic Development Corporation of the City of Georgetown, Texas, met on Monday, June
18, 2018.
Members
Present:
Members
Absent:
Kevin Kelly, Jeff Parker, Steve Fought, Steve Bohnenkamp, Valerie Nicholson
Tom Menke and Bill Mateja
Staff
Present:
Michaela Dollar, Director of Economic Development; Leah Wallace, Finance Manager; Laurie
Brewer, Assistant City Manager; Paul Diaz, Budget Manager; Nathan Parras, Budget Analyst,
Shirley Rinn, Executive Assistant to the City Manager, Sofia Nelson, Planning Director; Debbie
Mitchell, Senior Accountant
MINUTES
Call to Order at 4:00 pm
A Consideration and approval of the minutes for Georgetown Economic Development Corporation for the
Regular Meeting held Monday, April 19, 2018—Steve Bohnenkamp, Secretary
Motion by Parker, second by Fought to approve the April 19, 2018 minutes. (Approved 5-0) (Menke and
Mateja Absent)
B. Consideration and possible action regarding the 2030 Comprehensive Plan Update- Sofia Nelson, Planning
Director
Sofia Nelson, provided an overview of the 2030 Comprehensive Plan Update and that they were providing
this update to all of the Boards & Commissions for their input. She provided a description of what a
comprehensive plan is and what it is not. She also went over the processes that will be followed to update
the Plan, the items that would be included in the Plan, including updates to Alignment, Demographics, and
the Housing Element, a Housing Toolkit, Gateway Development Strategies, Wiliams Drive Subarea Plan,
Growth Scenarios, a Future Land Use Map Update, Public Engagement, Implementation Strategies, and a
timeline for the adoption of the 2030 Comprehensive Plan Update. Nelson also provided more details on
the Committee Work Plan and the Public Engagement Process.
There was a suggestion to include the Rotary Clubs and GISD in the public engagement process and Nelson
confirmed that GISD and Civic Groups were stakeholders in the process. She also asked that if there were
any other clubs or service groups that need to be added to the list to please let the planning department
know.
There was a suggestion to add a step to validate the success of the performance standards accomplished
during the implementation phase.
There was a brief discussion regarding the City’s Annexation Plan and how that process was accomplished.
Page 4 of 40
GEDCO Minutes
June 18, 2018
Page 2 of 3
Nelson told the Board that they are planning a City Wide Public Engagement process called “On the Table”,
which could be with small groups, families, council district meetings, neighborhood meetings, etc. She told
them they plan have an “On the Table” event on October 2, 2018, which is National Night Out. She
indicated that this event will entail not only city staff, but that they would need lots of assistance from the
community to coordinate those discussions with neighborhoods throughout the City that night. She
indicated that there would be a training session so that all of the neighborhoods would be receiving the
same information and process. Nelson also told the Board that the Planning Department is working with
the Police Department to coordinate with the neighborhoods that have signed up for National Night Out. A
moderator will be available at each “Meeting in a Box” to take notes and get input back the the Planning
Committee. She indicated that a series of questions would be posed to the neighborhoods that would
include for example “Why do you enjoy being in Georgetown?” “Where do you visit in Georgetown?”
“Where do you see Georgetown?” “Where do you see Georgetown going?” Nelson told them she would
be coming back to the Board in the future to provide additional updates on the progress of the 2030
Comprehensive Plan Update.
C. Consideration of the April and May 2018 financial reports. Leigh Wallace, Finance Manager, GEDCO,
Finance Director, COG
Wallace presented the financial reports to the Board. She also told them sales tax revenues are up
significantly in the last 2 months. She indicated that these figures are still 2 months in arrears, but the
numbers are coming in higher than they were earlier in the year. Dollar clarified a marketing expense and
provided an update on the timing of the sale of the Grape Creek Building.
Diaz and Parras provided a detailed presentation regarding an overview of the City’s Sales Tax Revenues,
the Process and Methodology utilized to project future sales tax revenues, and the projections for FY 2018-
19.
D. Discussion and possible action to recommend the FY 2019 proposed budget-Leigh Wallace, Finance
Director, COG, Finance Manager, GEDCO
Wallace and Diaz provided an overview of the FY 2018-19 GEDCO Annual Budget Process.
Brief discussion regarding the marketing funds included in the budget for economic development as it
compares to other cities.
Dollar confirmed that Economic Development requested an increase in marketing funds from the prior
year. She confirmed that she feels that the proposed GEDCO Budget is adequate for their needs in FY
2018-19.
Motion by Bohnenkamp, second by Parker to recommend the FY 2019 proposed budget to the City Council
(Approved 5-0) (Menke and Mateja Absent)
E. Discussion and possible action regarding the Staff Report —David Morgan, City Manager
- Performance Agreement Report
- Activity Report
- Other Staff Items
Page 5 of 40
GEDCO Minutes
June 18, 2018
Page 3 of 3
Dollar presented the Performance Agreement Report and the activity report and economic indicators and
then answered questions from the board.
Recessed into Executive Session at 5:10 pm
Return to Regular Session at 5:16 p.m.
F Action out of Executive Session.
Motion by Parker, second by Kelly to approve the incentives for Project Deliver as discussed in Executive
Session (Approved 5-0) (Menke and Mateja Absent)
Motion by Parker, second by Nicholson to adjorn at 5:20 p.m.
Meeting was adjourned at 5:20 p.m.
Attest:
______________________________ ___________________________________
Steve Bohnenkamp, Corporate Secretary Kevin Kelly, President
Page 6 of 40
City of Georgetown, Texas
Georgetown Economic Development Corporation
July 16, 2018
SUBJECT:
Cons id eration o f the June 2018 financ ial repo rt. Leigh Wallac e, Financ e Manager, GEDCO, Financ e
Direc tor, COG
ITEM SUMMARY:
See Attachments
FINANCIAL IMPACT:
None
SUBMITTED BY:
Leigh Wallace, Financ e Manager, GEDCO F inanc e Direc tor, COG
ATTACHMENTS:
Description Type
report Cover Memo
Page 7 of 40
GEDCO Board Meeting Date: July 16, 2018 Item No. __________
GEORGETOWN ECONOMIC DEVELOPMENT CORPORATION
AGENDA ITEM COVER SHEET
_________________________________________________________________
SUBJECT:
Consideration of the June 30, 2018 financial report. Leigh Wallace, Finance Manager,
GEDCO, Finance Director, COG.
_________________________________________________________________
ITEM SUMMARY:
The corporate bylaws require the Finance Manager to present the monthly financial
reports to the Board. Included in these reports will be:
• Financial reports
• Sales Tax revenues
• Monthly expenditures
• Any other relevant financial information
Sales tax revenue is 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 in the month of June is also included.
ATTACHMENTS:
Monthly Financial Reports
Sales Tax History
Disbursement Report
SUBMITTED BY:
Leigh Wallace
Finance Manager, GEDCO
Finance Director, COG
Page 8 of 40
APPROVED BUDGET CURRENT PERIOD
YEAR TO DATE
(W/ENCUMB)
YEAR-END
PROJECTION
BEGINNING FUND BALANCE 5,902,863 6,051,152
OPERATING REVENUES
Interest 25,400 10,256 68,798 68,800
Lease Revenue (Grape Creek)24,000 - 36,000 36,000
Miscellaneous Revenue 61,100 - 60,991 61,000
Sales Tax 1,643,750 135,089 961,483 1,693,750
Sale of Property - -
OPERATING REVENUES Total 1,754,250 145,345 1,127,272 1,859,550
OPERATING EXPENDITURES
Debt Service 212,569 - 43,784 212,569
Interest Expense 26,128 - - 26,128
Joint Services Allocation 221,328 18,444 165,996 221,328
Miscellaneous Expense 11,108 - 10,991 11,040
Principal Reduction 90,485 - - 90,485
Promotional & Marketing Program 81,000 3,000 78,301 81,000
Special Services 57,500 - 42,500 57,500
Supplies 300 - - -
Travel & Training 1,500 - - 500
OPERATING EXPENDITURES Total 701,918 21,444 341,572 700,550
TOTAL NET OPERATIONS 1,052,332 123,901 785,700 1,159,000
Catalyst 36,000 - 18,839 18,839
DisperSol 60,000 - 40,000 40,000
Economic Development Projects -Undetermined 6,308,518 - - 150,000
Texas Life Sciences 139,740 - 139,740 139,740
NON-OPERATING EXPENDITURES Total 6,544,258 - 198,579 348,579
TOTAL NET NON-OPERATIONS (6,544,258) - (198,579) (348,579)
EXCESS (DEFICIENCY) OF TOTAL REVENUE OVER TOTAL
REQUIREMENTS (5,491,926) 123,901 587,121 810,421
ENDING FUND BALANCE 410,938 6,861,573
RESERVES
Contingency 410,938 423,438
RESERVES Total 410,938 - - 423,438
AVAILABLE FUND BALANCE - 6,438,135
Georgetown Economic Development Corporation Fund
Year-End Projection to Approved: Jun FY2018
Page 9 of 40
As of June 30, 2018
Georgetown Economic Development Corporation
Sales Tax History
Variance % Var.
MONTH [a]2013-14 2014-15 2015-16 2016-17 2017-18 To FY 17 To FY 17
October 91,863$ 98,094$ 106,050$ 114,748$ 124,478$ 9,730$ 8.48%
November 99,552 102,891 112,766 125,214 127,064 1,850$ 1.48%
December 134,682 143,774 148,200 160,542 162,940 2,398$ 1.49%
January 89,357 87,695 96,563 110,006 115,291 5,285$ 4.80%
February 86,901 89,107 108,117 105,556 133,797 28,241$ 26.75%
March 114,355 123,951 133,492 137,301 158,112 20,811$ 15.16%
April 106,002 102,671 108,977 117,261 135,036 17,775$ 15.16%
May 112,572 95,699 120,418 125,188
June 123,306 130,589 142,767 151,484
July 102,435 108,994 119,534 154,889
August 98,015 102,888 132,582 122,847
September 119,473 125,201 135,378 143,897
Total 1,278,513$ 1,311,554$ 1,464,844$ 1,568,933$ 956,718$
YTD 722,712 748,183 814,165 870,628 956,718 86,090 9.89%[b]
Notes:
[a]Sales tax revenue from the State Comptroller is received two months in arrears.
[b]YTD compared through current month.
$-
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
Re
v
e
n
u
e
s
Sales Tax 3 Year Trend
2015-16
2016-17
2017-18
Page 10 of 40
GEORGETOWN ECONOMIC DEVELOPMENT CORPORATION
CHECKS WRITTEN REPORT
FOR THE MONTH OF JUNE 2018
• Promotions & Marketing Program:
- Flyer View Group, LLC $ 3,000.00
Page 11 of 40
City of Georgetown, Texas
Georgetown Economic Development Corporation
July 16, 2018
SUBJECT:
Disc ussion and p o s s ib le ac tion regard ing the S taff Report —David Morgan, City Manager
-P erformance Agreement Report
-Activity Report
-Other Staff Items
ITEM SUMMARY:
The GEDCO Board has req uested that staff p ro vide a projec t p ro gress and s tatus report at eac h meeting
o n all of the ac tive p ro jects disc ussed b y the Bo ard .
FINANCIAL IMPACT:
N/A
SUBMITTED BY:
David S. Morgan, C ity Manager
ATTACHMENTS:
Description Type
activity report Cover Memo
pa Cover Memo
Page 12 of 40
Economic Development
Activity Report
July 2018
Page 13 of 40
Strategic Goal 1
Support existing businesses
and industries
Page 14 of 40
0
5
10
15
20
25
Ju
l
1
7
Au
g
1
7
Se
p
1
7
Oc
t
1
7
No
v
1
7
De
c
1
7
Ja
n
1
8
Fe
b
1
8
Ma
r
1
8
Ap
r
1
8
Ma
y
1
8
Ju
n
1
8
Business Retention Activity
Visits Assistance Requests Touches
Page 15 of 40
Additional BRE Activity
•Still seeing workforce and facilities as
major themes
•13 of the active projects are existing
businesses (about 25%)
•Manufacturer’s Alliance (June 14)
Page 16 of 40
Strategic Goal 2
Enhance targeted recruitment
of identified industries
Page 17 of 40
0
2
4
6
8
10
12
14
16
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Leads
FY17 FY18
Page 18 of 40
0
2
4
6
8
10
12
14
16
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Proposals Submitted
FY17 FY18
Page 19 of 40
0
1
2
3
4
5
6
7
8
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Site Visits
FY17 FY18
Page 20 of 40
Development, 19
Hot, 18
Warm , 7
Cold, 10
Active Projects
Page 21 of 40
Additional Recruitment Activity
•Working with available building owners to
identify leads for their space
•New development activity on multiple lots
–spec, retail, and industrial related
Page 22 of 40
Strategic Goal 3
Diversify workforce development
and recruitment initiatives
Page 23 of 40
Workforce Development Activity
•Working with the Texas Workforce
Commission on Veteran’s Outreach
–Veteran’s Job Fair August 15
Page 24 of 40
Strategic Goal 4
Encourage speculative
development
Page 25 of 40
Speculative Development Activity
•Seven of the active projects are
speculative development
•Also focusing on “shovel-ready” sites
Page 26 of 40
Overall Objective
Tell our story to a
broader local audience
Page 27 of 40
Other Activity
•City Downtown Building Sales
•Planning Symposium –“Where’s the
Workforce?”
•WilCo EDP rebranding
Page 28 of 40
Economic Indicators
Page 29 of 40
-
200
400
600
800
1,000
1,200
$-
$50.0
$100.0
$150.0
$200.0
$250.0
$300.0
$350.0
$400.0
$450.0
Ju
l
1
7
Au
g
1
7
Se
p
1
7
Oc
t
1
7
No
v
1
7
De
c
1
7
Ja
n
1
8
Fe
b
1
8
Ma
r
1
8
Ap
r
1
8
Ma
y
1
8
Ju
n
1
8
Construction Permit Applications
Valuation
(in millions)
# of Permits
Page 30 of 40
0
2
4
6
8
10
12
14
16
18
Ju
l
1
7
Au
g
1
7
Se
p
1
7
Oc
t
1
7
No
v
1
7
De
c
1
7
Ja
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1
8
Fe
b
1
8
Ma
r
1
8
Ap
r
1
8
Ma
y
1
8
Ju
n
1
8
Certificates of Occupancy Issued
Page 31 of 40
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Sales Tax Collections
FY 2017 FY 2018
Page 32 of 40
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
Ju
n
1
7
Ju
l
1
7
Au
g
1
7
Se
p
1
7
Oc
t
1
7
No
v
1
7
De
c
1
7
Ja
n
1
8
Fe
b
1
8
Ma
r
1
8
Ap
r
1
8
Ma
y
1
8
Unemployment Rate
Page 33 of 40
$30,000
$35,000
$40,000
$45,000
$50,000
$55,000
Average Annual Wage
Page 34 of 40
Name Description
Start Date (Council
Approved)End Date $ Encumbered $ Expended
Citigroup
Grant for wastewater infrastructure for
construction of datacenter. 12/12/2006 12/31/2018 $ 1,300,000 $ 1,300,000
DisperSol
Grant for job creation related to expansion
of manufacturing facilities.10/16/2014 2/15/2019 250,000$ $ 80,000
Radiation Detection Corporation
Grant for Qualified Expenditures and job
creation related to the relocation of the
corporate offices to Georgetown. 7/23/2013 12/31/2021 320,000$ 320,000$
KJ Scientific (KJS)
Provide a grant of the equipment obtained
in the TLCC brand acquisition to KJ
Scientific (KJS) to retain the business in
Georgetown.The retention equipment grant
is for five years with KJS obligated to pay a
pro-rated amount of $10,000 per year
should they relocate outside of the City.2/27/2018 12/31/2022 50,000.00$ 50,000.00$
Holt Caterpillar
GEDCO to provide up to $185,000
infrastructure grant for the cost of
connecting to a new wastewater line run to
the property by the City. Approved by
Council on 1/24/17.1/24/2017 185,000
Radiation Detection Corporation 2
Grant for Qualified Expenditures and job
creation related to the expansion of the
existing corporate offices located in
Georgetown. 6/12/2018 6/1/2019 150,000$ -$
GEDCO - ACTIVE PERFORMANCE AGREEMENTS STATUS REPORT
July 16, 2018
Page 35 of 40
City of Georgetown, Texas
Georgetown Economic Development Corporation
July 16, 2018
SUBJECT:
Cons id eration and p o s s ib le ac tion regard ing rep airs to the s tucc o exterior of the build ing at 101 W 7th St,
Geo rgeto wn, TX 78626 - Michaela Do llar, Direc tor o f Econo mic Develo pment
ITEM SUMMARY:
At previo us meetings , GEDCO d is cus s ed and ap p ro ved fund ing to repair the s tucc o exterior o f the Main
Street s id e of GEDC O's build ing at 101 W 7th S treet. Upon ins p ectio n, new areas o f c o nc ern o n the 7th
Street s id e of the b uilding have been disc o vered . Therefo re, s taff req uests that GEDCO cons id er
ap p ro ving additio nal fund s to c o ver the c o s t of rep air.
FINANCIAL IMPACT:
TBD
SUBMITTED BY:
Michaela Dollar, Direc tor o f Econo mic Development
Page 36 of 40
City of Georgetown, Texas
Georgetown Economic Development Corporation
July 16, 2018
SUBJECT:
Ac tion out of Exec utive S es s io n.
ITEM SUMMARY:
FINANCIAL IMPACT:
TBD
SUBMITTED BY:
Charlie Mc Nab b , City Atto rney
Page 37 of 40
City of Georgetown, Texas
Georgetown Economic Development Corporation
July 16, 2018
SUBJECT:
Section 551.072. DELIBERATIONREGARDING REAL PROPERTY
Disc ussion and p o s s ib le ac tion to deliberate the purchas e,exchange, leas e o r value o f real p ro p erty for
p urposes autho rized by the Develo p ment Corporatio n Act whic h d is cus s ion in open session wo uld have a
d etrimental effec t o n nego tiatio ns with third p ers o ns .
ITEM SUMMARY:
FINANCIAL IMPACT:
n/a
SUBMITTED BY:
Charlie Mc Nab b , City Atto rney
Page 38 of 40
City of Georgetown, Texas
Georgetown Economic Development Corporation
July 16, 2018
SUBJECT:
Section 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS.
Deliberatio n regard ing c o mmercial o r financ ial informatio n that the c o rp o ratio n has received from a
b usines s pros p ec t that the Geo rgeto wn Economic Development Corporation s eeks to have lo cate, s tay, o r
expand in or near the territo ry o f the City o f Geo rgeto wn and with whic h the Corporatio n is c o nducting
econo mic d evelo p ment negotiations ; and/o r d elib eration regard ing the o ffer o f a financial o r other inc entive
to a bus iness pros pec t that the Co rp o ration s eeks to have loc ate, stay, o r expand in or near the territory of
the City of Georgetown.
- P ro ject To ms
ITEM SUMMARY:
FINANCIAL IMPACT:
N/A
SUBMITTED BY:
Charlie Mc Nab b , City Atto rney
Page 39 of 40
City of Georgetown, Texas
Georgetown Economic Development Corporation
July 16, 2018
SUBJECT:
Sec. 551.071: CONSULTATION WITH ATTORNEY
Cons ultation with atto rney regard ing legal iss ues related to agend a items and o ther matters in which (1)
when the go vernmental b o d y s eeks the advic e of its atto rney about: (A) p end ing or contemplated litigation;
o r (B) a settlement offer; or (2) o n a matter in whic h the duty of the attorney to the governmental b o d y
und er the Texas Dis c ip linary Rules o f Pro fes s ional C o nduct of the State Bar of Texas c learly conflicts with
this c hapter - C harlie McNab b , City Atto rney
ITEM SUMMARY:
FINANCIAL IMPACT:
N/A
SUBMITTED BY:
Charlie Mc Nab b , City Atto rney
Page 40 of 40