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HomeMy WebLinkAboutMinutes_GEDCO_02.28.2012Notice of Meeting of the Georgetown Economic Development Corporation and the Governing Body of the City of Georgetown, Texas Tuesday, February 28, 2012 The Board of Directors of the Georgetown Economic Development Corporation, created pursuant to Chapter 504 of the Texas Local Government Code (formerly known as Section 4A of the Development Corporation Act of 1979), will meet on Tuesday, February 28, 2012 beginning at 02:30 PM in the Council Chamber Conference Room located at 101 E. 7th Street, Georgetown, Texas 78626. If you need accommodations for a disability, please notify the city in advance. Georgetown Economic Development Corporation Members: Pat Berryman, John Kiltz, John Marler, Tommy Gonzalez, Rachael Jonrowe Call to Order at 02:30 PM SPECIAL MEETING A.Consideration and possible action to approve the First Amended Agreement by and between GCV Enterprises, LLC dba Grape Creek Vineyards and the Georgetown Economic Development Corporation (GEDCO), the related Lease Agreement and Promissory Note. -- Bridget Chapman, Acting City Attorney and Mark Thomas, Economic Development Director http://georgetown.org/pdfs/gedco/2012/2-28-12/ItemA.pdf 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 _________________, 2012, at __________, and remained so posted for at least 72 continuous hours preceding the scheduled time of said meeting. __________________________________ Jessica Brettle, City Secretary Minutes of the Meeting of the Georgetown Economic Development Corporation and the Governing Body of the City of Georgetown, Texas Tuesday, February 28, 2012 The Georgetown Economic Development Corporation of the City of Georgetown, Texas, met on Tuesday, February 28, 2012. Members Present: Pat Berryman, Rachel Jonrowe, Hugh Brown Members Absent: Tommy Gonzalez, John Kiltz, John Marler Staff Present: Bridget Chapman, Acting City Attorney, Shirley Rinn, Executive Assistant to the City Manager, Mark Thomas, Economic Development Director Minutes Regular Meeting SPECIAL MEETING Meeting was called to order at 2:35 p.m. Hugh Brown, the new GEDCO Board Member, was introduced to the Board. He was sworn in as a new member on Monday, February 27, 2012. A.Consideration and possible action to approve the First Amended Agreement by and between GCV Enterprises, LLC dba Grape Creek Vineyards and the Georgetown Economic Development Corporation (GEDCO), the related Lease Agreement and Promissory Note. -- Bridget Chapman, Acting City Attorney and Mark Thomas, Economic Development Director Bridget Chapman provided an overview of the events regarding this project and provided the details of the First Amended Agreement and related Lease Agreement and Promissory Note. Motion by Berry, second by Jonrowe to approve the First Amended Agreement by and between GCV Enterprises, LLC dba Grape Creek Vineyards and the Georgetown Economic Development Corporation (GEDCO), the related Lease Agreement and Promissory Note. (Approved 3-0) (Gonzalez, Kiltz, Marler absent) Adjourned at 2:41 p.m. Attest: ____________________________________________________________________ ____________________ , Corporate Secretary ______________________, President