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HomeMy WebLinkAboutMinutes_GEDCO_12.16.2024Minutes of the Economic Development Corporation City of Georgetown, Texas Monday, December 16,,2024 M7ew, , Werre- YaTy F f re I f I City Hall, 808 Martin Luther King, Jr Street. 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 Secretary's Office, at least three (3) days prior to the scheduled meeting date, at (512) 930-3652 or City Hall at 808 Martin Luther King, Jr Street for additional information; TTY users route through Relay Texas at 711. The following Members were in attendance: Present were: Kevin Cummins, Amanda Parr, Mike Triggs, Carly J Kehoe 1. Regular Session A M M 10117 ms- Call to order - Amanda Parr, Board President 4:03prn 1.13 Approval of minutes Consideration and approval of the October 21, 2024 minutes -Amanda Amanda Parr, Board President Moved by Carlyj Kehoe; seconded by Kevin Cummins to Approve Motion Approved: 4- 0 Voting For: Kevin Cummins, Amanda Parr, Mike Triggs, Carlyj Kehoe Voting Against: None I.0 Financial Report Consideration and presentation of the FY 2024 quarter three financial report - Mayra Cantu, Budget Manager Due to a clerical error this item was not discussed and will be on the January agenda. I.D Staff Report Discussion regarding the staff report- Cameron Goodman, Economic Development Director Cameron presented the Staff report to the board and answered their questions. 1.E Action from Executive Session Action from Executive Session - Amanda Parr, Board President Moved by Carly]Kehoe; seconded by Kevin Cummins toApprove Project Compute as presented inExecutive Session. Motion Approved: 4-O Voting For: Kevin Cummins, Amanda Parr, Mike Triggs, Car|y]Kehne Voting Against: None Executive Session |ncompliance with the Open Meetings Act, Chapter 551,Texas Government Code, Vernon's Codes, Annotated, the items listed below will be discussed in closed session and are subject to action in the regular session. Economic Development Negotiations Section 551.D87.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 isconducting economic development negotiations; and/or deliberation regarding the offer ofa financial orother incentive toabusiness prospect that the Corporation seeks to have locate, stay, or expand in or near the territory of the City of Georgetown. e Project Compute Adjournment Moved by Kevin Cummins; seconded bvCarly|KehoetoAdjourn 4:20pn, Motion Adjourn: 4'O Voting For: Kevin Cummins, Amanda Parr, Mike Triggs, [adv|Kehoe T 4hnse m i n utes were a p I proved at the meeting of Chair (Jest