HomeMy WebLinkAboutMinutes_GEDCO_03.17.2025Minutes of the
Economic Development Corporation
City of Georgetown,, Texas
Monday, March 17, 2025
The Georgetown Economic Development Corporation met on Monday, March 17, 2025 at 4'00 PM at City
Hall, 808 Martin Luther King, Jr Street.
The City of Georgetown is committed to compliance with the Americans with Disabilities Act (ADAou
require assistance in participating at a public meeting due to a disability, as defined under the ADA,
reasonable assistance. adaDtati eq
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-.
'resent were: Kevin Cummins, Robert Hilton, Shawn Hood, Amanda Parr, Mike Triggs, Kristofer Kasper,
7red Brent
MWIRT6111
Regular Session
t.A Call to order
Call to order - Amanda Parr, Board President
MM
1.13 Approval of minutes
Consideration and approval of the February 10, 2025 minutes - Amanda Parr, Board
President
Moved by Robert Hilton; seconded by Shawn Hood to Approve.
Motion Approved: 6- 0
Voting For: Robert Hilton, Shawn Hood, Amanda Parr, Mike Triggs, Kristofer Kasper,
Fred Brent
Voting Against: None
1.0 Financial Report
Consideration and presentation of the FY 2025 first quarter financial report- Mayra
Cantu, Budget Manager
Mayra presented the FY 2025 first quarter financial report to the board and answered
their questions.
1.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 Kevin Cummins; seconded hvRobert Hilton tmApprove Project Saturn Rings
as presented in Executive Session.
Motion Approved: 7'U
Voting For: Kevin Cummins, Robert Hilton, Shawn Hood, Amanda Parr, Mike Triggs,
KristoferKasper, Fred Brent
Voting Against: None
Moved by Robert Hilton; seconded by Amanda Parr toApprove Project Vapor 2.0as
presented |nExecutive Session.
Motion Approved: 7'Q
Voting For: Kevin Cummins, Robert Hilton, Shawn Hood, Amanda Parr, Mike Triggs,
KristVferKasper, Fred Brent
Voting Against: None
Executive Session
|ncompliance with the Open Meetings Act, Chapter 5S1,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.
Entered @ 4:18pm—Out @ 4:32pm
Economic Development Negotiations
Section 551.O87.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 Saturn Rings
w.Project Vapor 2.0
Adjournment
Moved by Kevin Cummins; seconded by Robert Hilton toAdjourn 4:33pm.
Motion Adjourn: 7-0
Voting For: Kevin Cummins, Robert Hilton, Shawn Hood, Amanda Parr, Mike Triggs,
Kr|stnferKasper, Fred Brent
Voting Against: None
Th e inutes vre ''e t the meeting ol
w
Chair