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HomeMy WebLinkAboutMinutes_GTEC_12.02.2002Minutes of the Meeting of Georgetown Transportation Enhancement Corporation and the Governing Body of the City of Georgetown, Texas Monday, December 2, 2002 The Georgetown Transportation Enhancement Corporation of the City of Georgetown, Texas, met on Monday, December 2, 2002. Board Members Present: Ken Evans, Jack Noble, Doug Smith, Paulette Taylor, Mary Louise Poquette (arrived at 1:06 p.m.) Board Members Absent: Sam Pfiester, Bill Masterson Staff Present: Jim Briggs, Paul Brandenburg, Micki Rundell, Laura Wilkins, Mark Miller, John Aldridge , Terri Calhoun Minutes Regular Meeting CALL TO ORDER at 1:03 P.M. by Ken Evans Consideration and possible action to authorize the exchange of 2.517 acres of existing right-of-way A. valued at $117,800 for 2.479 acres of new right-of-way valued at $118,360 with Rivery Partners, Ltd for the construction of Rivery Blvd.; to accept the related appraisals of fair market value; and to authorize the City’s 4B Corporation President and the Mayor to execute the necessary documents to accomplish the transaction. Jim Briggs and Mark Miller DISCUSSION: Evans requested a short briefing from Briggs. Briggs explained the need for the exchange of the property for the Rivery Blvd. project. Property previously transferred to the 4B Corporation – now the property must be reassigned to Council in order to complete the exchange transaction. Question from Taylor if this action would requiresettlements to residents. Answered by Briggs that this transaction will be a swap. Question from Smith if Ken Evans could sign in Pfiester’s absence. It was determined that Evans would sign in Pfiester’s absence. ACTION: Motion by Smith, second by Noble.to authorize the board president or vice-chair to sign agreement to authorize exchange of right-of-way for Rivery Blvd. Approved 5-0 (Masterson and Pfiester absent) Motion by Noble, second by Smith to adjourn meeting Approved 5-0 (Masterson and Pfiester absent) Meeting Adjourned at 1:13 p.m. THESE MINUTES APPROVED BY THE BOARD AT THE DECEMBER 9, 2002 MEETING Adjournment The meeting was adjourned at 10:30 PM. Approved :Attest: _______________________________________________ Board Member Name