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Bastrop Economic Development Corporation

Regular Meeting

Bastrop, TX · December 7, 2023

AgendaMinutes

Minutes

Bastrop Economic Development Corporation Board of Directon - Meeting Minutel bastrop December 7, 2023 EDC The Bastrop Economic Development Corporation (BEDC) met on Thursday, December 7, 2023, at 12:00 noon for a Special Board Meeting at Bastrop City Hall, 1311 Chestnut Street. Board members present: Connie Schroeder, John Kirkland, Frank Urbanek, Amberley Palmer, and Lyle Nelson. Board Chair Ron Spencer was absent, and Cheryl Lee joined via phone, Staff members present: Interim Executive Director Sylvia Carrillo and Angela Ryan. 1. CALL TO ORDER - Board Vice Chair Schroeder called the meeting to order at 12:00 noon. 2. PUBLIC COMMENT(S) - There were no public comments. 3. REGULAR BUSINESS & PRESENTATIONS 3.A Discuss and possibly act on providing the City of Bastrop with a Possession and Use Agreement for the future ROW area known as Financial Way. Interim BEDC Director Carrillo explained that the City did not have authorization to issue the notice to proceed because the final plat has not yet been completed. This agreement gives authorization to start the work, and the attorneys have come to a consensus on the language. Mr. Kirkland made the motion to approve the Possession and Use Agreement, Mr. Nelson seconded, and the motion passed. 3.B. Consider and Act on amending the development agreement with Acutronic, LLC, by amending the parcel size from 10.0 acres to 13.84 acres to include a previously not included Lavaca Gathering Company easement 1 bringing the total parcel size to convey to 13.84 acres. Ms. Carrillo explained that the initial Acutronic lot was ten acres, which would have left the Lavaca Gathering Company as a separate lot for the BEDC to maintain. This item allows the BEDC to amend the agreement and bring the parcel to closing in January. Mr. Kirkland made the motion to approve amending the agreement that would increase the acreage from 10 acres to 13.84 acres, and also to allow the Board Chair or Interim Director to execute the amended agreement. Ms. Palmer seconded, and the motion passed. 4. ADJOURNMENT - Mr. Kirkland made the motion to adjourn the meeting and Ms. Palmer seconded. The meeting was adjourned at 12:06 p.m. ATTEST: &,A� Angela Ryan Operations Manager Rtg11lar BlDC Board Meeting Minllt6 n/07/1§1-3 Page 1 of 1

Agenda

Bastrop Economic Development Corporation Board of Directors - Meeting Agenda Bastrop City Hall City Council Chambers 1311 Chestnut Street Bastrop, TX 78602 (512) 332-8870 Thursday, December 07, 2023 12:00 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 ************************************************************ The Bastrop EDC Board reserves the right to convene into Executive Session at any time during the meeting regarding any agenda item in compliance with the Texas Open Meetings Act, Chapter 551 Government Code. ************************************************************ 2. PUBLIC COMMENT(S) 3. REGULAR BUSINESS & PRESENTATIONS 3.A Discuss and possibly act on providing the City of Bastrop with a Possession and Use Agreement for the future ROW area known as Financial Way. 3.B Consider and Act on amending the development agreement with Accutronic, LLC by amending the parcel size from 10.0 acres to 13.84 acres to include a previously not included Lovaca Gathering Company easement, bringing the total parcel size to convey to 13.84 acres. 4. ADJOURNMENT 5. CERTIFICATE Regular BEDC Board Meeting Agenda 12/7/2023 Page 1 of 2 I, the undersigned authority, do hereby certify that this Notice of Meeting as posted in accordance with the regulations of the Texas Open Meetings Act on the bulletin board located at the entrance to the City of Bastrop City Hall, a place of convenient and readily accessible to the general public, as well as to the BEDC’s website, www.bastropedc.org/about/board- materials and said Notice was posted on the following date and time: Monday, December, 2023, at 11:30 a.m. and remained posted for at least two hours after said meeting was convened. ________ ______ Angela Ryan, Operations Manager Regular BEDC Board Meeting Agenda 12/7/2023 Page 2 of 2

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