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Bastrop Economic Development Corporation

Regular Meeting

Bastrop, TX · August 28, 2023

AgendaPacketMinutes

Minutes

Bastrop Economic Development Corporation Board of Dirtcton - Meeting Minotti bastrop Augmt 18, 1023 EDC e .. The Bastrop Economic Development Corporation (BEDC) met on Monday, August 28, 2023, at4:30 p.m. for a Regular Board Meeting at Bastrop City Hall, 1311 Chestnut Street. Board members present: Ron Spencer, Connie Schroeder, Charles Washington, Cheryl Lee, John Kirkland, and Lyle Nelson. Staff members present: Interim Executive Director Sylvia Carrillo, Angela Ryan, Ashley Allnutt, and Drew Chance. BEDC attorney Dan Santee was also in attendance. 1. CALL TO ORDER - Board Chair Spencer called the meeting to order at 4:30 p.m. 2. PUBLIC COMMENT($) - There were no public comments. 3. REGULAR BUSINESS & PRESENTATIONS 3.1. Approval of the meeting minutes from the Joint City Council Meeting and Regular BEDC Board Meeting of July 24, 2023. Mr. Nelson made the motion to approve the minutes as submitted. Ms. Lee seconded, and the motion passed. 3.2. Receive financial report provided by the City of Bastrop's Chief Financial officer for the period ending in July 2023 and comments. There were no comments, and no action was required. 3.3. Discussion and possible action regarding the professional services agreement with Doucet & Associates for the Southern Jackson Extension Project. Ms. Carrillo gave a status update detailing the specific concerns she had about the contract. Ms. Schroeder recommended the project be made a standard CIP project, and Ms. Carrillo agreed. She will work with BEDC legal counsel and confirm with Doucet that they are willing to do that; legal counsel will generate a new contract under the City's GIP project guidelines. No other action was taken. 3.4. Update on BEDC funding commitments. An updated spreadsheet was presented to the Board. No action was necessary. 4. EXECUTIVE SESSION 4.1. At 4:51 p.m., the BEDC Board of Directors met in a closed/executive session pursuant to the Texas Government Code, Chapter 551, to discuss the following: (1) Section 551.087 Deliberation regarding economic development negotiations - Project Triple Arrow, Project Electric Lion and Project RLF-23-1 . 4.2. At 5:42 p.m., the BEDC Board of Directors reconvened into open session to discuss, consider, and take any action necessary related to the executive sessions noted herein. It was the consensus of the Board that the City Manager continue negotiations with Project Triple Arrow and bring back for review at the next board meeting. Rtg11lar BED( Board tlrrting Minutti Pagn ori 5. ADJOURNMENT - Ms. Lee made the motion to adjourn the meeting and Mr. Washington seconded. The meeting was adjourned at 5:44 p.m. APPROVED: Rtg11lar BED( Board Herting Minllttl 8/Jlih.Oij Pagnor1

Agenda

Bastrop Economic Development Corporation Board of Directors Amended Meeting Agenda Bastrop City Hall City Council Chambers 1311 Chestnut Street Bastrop, TX 78602 (512) 332-8870 Monday, August 28, 2023 4:30 PM Bastrop Economic Development Corporation (BEDC) meetings are available to all persons regardless of disability. If you require special assistance, please contact the City Secretary at (512) 332-8800 or write 1311 Chestnut Street, 78602, or by calling through a T.D.D. (Telecommunication Device for the Deaf) to Relay Texas at 1-800-735-2989 at least 48 hours in advance of the meeting. The BEDC Board reserves the right to reconvene, recess, or realign the Regular Session or call Executive Session or order of business at any time prior to adjournment. 1. CALL TO ORDER 2. PUBLIC COMMENT(S) At this time, three (3) minute comments will be taken from the audience on any topic. Anyone in attendance wishing to address the BEDC Board must complete a citizen comment form prior to the start of the meeting. In accordance with the Texas Open Meetings Act, if a citizen discusses any item not on the agenda, the BEDC Board cannot discuss issues raised or make any decision at this time. Instead, the Board is limited to making a statement of specific factual information or a recitation of existing policy in response to the inquiry. It is not the intention of the BEDC to provide a public forum for the embarrassment or demeaning of any individual or group. Neither is it the intention to allow a member of the public to slur the performance, honesty and/or integrity of the Board, as a body, or any member or members of the Board individually or collectively, or members of the BEDC or City’s staff. Accordingly, profane, insulting or threatening language directed toward the BEDC Board and/or any person in the Board’s presence will not be tolerated. 3. REGULAR BUSINESS & PRESENTATIONS 3.A Approval of the meeting minutes from the Joint City Council Meeting and Regular BEDC Board Meeting of July 24, 2023. 3.B Receive the financial report provided by the City of Bastrop's Chief Financial Officer for the period ending July 2023 and comments. 3.C Discussion and possible action regarding the professional services agreement with Doucet & Associates for the Southern Jackson Extension Project. Regular BEDC Board Meeting Agenda 8/28/2023 Page 1 of 2 3.D Update on BEDC funding commitments. 4. EXECUTIVE SESSION 4.A The Bastrop EDC Board of Directors will meet in a closed/executive session pursuant to the Texas Government Code, Chapter 551, to discuss the following: (1) Section 551.087 Deliberation regarding economic development negotiations - Project Triple Arrow, Project Electric Lion, and Project RLF-23-1. 4.B The Bastrop EDC Board of Directors will reconvene into open session to discuss, consider and/or take any action necessary related to the executive sessions noted herein. 5. ADJOURNMENT I, the undersigned authority, do hereby certify that this Notice of Meeting was posted in accordance with the regulations of the Texas Open Meetings Act in the bulletin board located at the entrance to the City of Bastrop City Hall, a place convenient and readily accessible to the general public, as well as to the BEDC’s website, www.bastropedc.org, and Notice was posted on the following date and time: August 25th, 2023 at 11:30 a.m. and remained posted for at least two hours after said meeting was convened. /s/ Angela Ryan Angela Ryan, Operations Manager Regular BEDC Board Meeting Agenda 8/28/2023 Page 2 of 2

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