HomeMy WebLinkAboutMinutes_GEDCO_02.20.2012Notice of Meeting of the
Georgetown Economic Development Corporation
and the Governing Body of the
City of Georgetown, Texas
Monday, February 20, 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 Monday, February 20, 2012 beginning at
04:30 PM in the Main Floor Conference Room in City Hall, located at 113 E. 8th Street,
Georgetown, Texas 78628
If you need accommodations for a disability, please notify the city in advance.
Georgetown Economic Development Corporation Members:
Pat Berryman, John Marler, John Kiltz, Tommy Gonzalez, Rachael Jonrowe
Call to Order at 04:30 PM
MEETING WAS NOT HELD DUE TO LACK OF A QUORUM
A.Discussion and possible action regarding the Project Progress Report, including
Airborn, Enflite, Radix BioSolutions, Lone Star Circle of Care, Grape Creek Winery,
Georgetown Winery, and Difusion Technologies, Inc. -- Mark Thomas, Economic
Development Director and Paul E. Brandenburg, General Manager .
http://georgetown.org/pdfs/gedco/2012/2-20-12/ItemA.pdf
B.Consideration and approval of the minutes from the Meeting held Tuesday, January 17,
2012--John Kiltz, Secretary
http://georgetown.org/pdfs/gedco/2012/2-20-12/ItemB.pdf
C.Consideration of the January 31, 2012 Financial Reports--Micki Rundell, Finance
Manager
http://georgetown.org/pdfs/gedco/2012/2-20-12/ItemC.pdf
D.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/2012/2-20-12/ItemD.pdf
E.Consideration and possible action to approve the Third Amended Bylaws of the City of
Georgetown 4A Corporation, Georgetown Economic Development
Corporation(GEDCO)— Bridget Chapman, Acting City Attorney
http://georgetown.org/pdfs/gedco/2012/2-20-12/ItemE.pdf
EXECUTIVE SESSION
The Georgetown Economic Development Corporation will meet in closed executive session as allowed by
Texas Open Meetings Act (Texas Government Code Chapter 551), as follows:
F.Section 551.072. DELIBERATION REGARDING REAL PROPERTY
Discussion and possible action to deliberate the purchase, exchange, lease or value of real property
for purposes authorized by the Development Corporation Act which discussion in open session
would have a detrimental effect on negotiations with third persons.
G.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.
H. Section 551.071. CONSULTATION WITH ATTORNEY
Consultation with attorney regarding legal issues related to agenda items and other matters in which
the duty of the attorney to the Georgetown Economic Development Corporation under the Texas
Disciplinary Rules of Professional Conduct of the State Bar of Texas.
I. Action out of Executive Session
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