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HomeMy WebLinkAboutMinutes_GEDCO_07.21.2025Minutes Economic City of Georgetown, Texas MondayrJulyr 2025 The Georgetown Economic Development Corporation met on Monday, July 21 j 2025 at 4:00 PM at City :1; Martin Luther King, The City of Georgetown is committed to compliance with the Americans with Disabilities Act (ADA). If you require assistance in participating public is a disability, as defined under the A r reasonable assistance, adaptations, or accommodations will be provided upon request. Please contact the City Secretary's Office, at least three days prior to the scheduled meeting date,' 1:_:. • ' is City Hall at 808 Martin Luther King, Jr Street for•• • • •n; TTY users route through Texas at 711. The following Members Were in attendance: Present were: Amanda Parr, Kevin Cummins, Robert Hilton, Shawn Hood 1. Regular Session 1.A Call to • •-.. Call to order - Amanda Parr, Board President [garm 1.6 Approval of minutes Consideration and approval of the May 19, 2025 minutes - Amanda Parr, Board President Moved by Kevin Cummins; seconded bRobert Hiltonto Approve. Voting For: Amanda Parr, Kevin Cummins, Robert Hilton, Shawn Hood Voting Against: Motion Approved: 4- 0 1.0 FY 2026 ProposedC u get and AdministrativeServices Contract Discussion and possible action to recommend the FY2026 proposed GEDCO budget and administrative services contract -- Mayra Cantu, Budget Manager budget and administrative service contract as presented. Motion Approved: 4- 1 AmandaVoting For: Parr, Kevin Cummins, RobertHilton,od Voting Against: s: 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. Moved by Amanda Parr; seconded by Robert Hilton to Approve Project Valley as discussed in Executive Session. Motion Approved: 4- 0 Voting For: Amanda Parr, Kevin Cummins, Robert Hilton, Shawn Hood Voting Against: None Executive Session In compliance 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 551.087. 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. Adjournment Moved by, Kevin Cummins - Motion Adjourn: 4 - 0 Voting For: Amanda Parr, Kevin Cummins, Robert Hilton, Shawn Hood Voting Against: None seminuteswere pproved at the meeting of Chair t est