Transportation and Economic Development Corporation

City of Round Rock Meeting Minutes - Final Transportation and Economic Development Corporation Thursday, July 27, 2023 A. CALL MEETING TO ORDER The Round Rock Transportation and Economic Development Corporation board of directors met on July 27, 2023 in the City Council chambers at 221 E. Main Street. President Morgan called the meeting to order at 5:03 pm B. ROLL CALL Present 6 - President Craig Morgan Boardmember Writ Baese Boardmember Writ Baese Boardmember Tom Black Boardmember Amanda Swor Vice President Ryan Therrell Absent 2 - Boardmember John Honning Secretary Rick Villarreal C. CITIZEN COMMUNICATION Hank Patel spoke to the Board. There were no other citizens wishing to speak. D. APPROVAL OF MINUTES: D.1 Consider approval of the minutes from the April 27, 2023 Transportation and Economic Development Corporation meeting. A motion was made by Vice President Therrell, seconded by Boardmember Baese, to approve the Type B Minutes. The motion passed by the following vote: Ayes: 5 - President Morgan Boardmember Baese Boardmember Black Boardmember Swor Vice President Therrell Nays: 0 Absent: 2 - Boardmember Honning Secretary Villarreal City of Round Rock Page 1 of 3 Transportation and Economic Meeting Minutes - Final July 27, 2023 Development Corporation E. PRESENTATIONS: E.1 Consider a presentation regarding a quarterly financial update. Susan Morgan, CFO made the presentation. F. RESOLUTIONS: F.1 Consider public testimony regarding, and a resolution approving the FY 2023-2024 Operating Budget for the Round Rock Transportation and Economic Development Corporation. Susan Morgan, CFO made the presentation. President Morgan opened the hearing for public testimony. There being none, the public hearing was closed A motion was made by Boardmember Baese, seconded by Boardmember Black, to approve the Type B Resolution. The motion passed by the following vote: Ayes: 5 - President Morgan Boardmember Baese Boardmember Black Boardmember Swor Vice President Therrell Nays: 0 Absent: 2 - Boardmember Honning Secretary Villarreal F.2 Consider a resolution to adopt a Five-Year Funds Allocation Plan for FY 2024-2028 for the Round Rock Transportation and Economic Development Corporation. Susan Morgan, CFO made the presentation. A motion was made by Boardmember Swor, seconded by Boardmember Baese, to approve the Type B Resolution. The motion passed by the following vote: Ayes: 5 - President Morgan Boardmember Baese Boardmember Black Boardmember Swor Vice President Therrell Nays: 0 Absent: 2 - Boardmember Honning Secretary Villarreal City of Round Rock Page 2 of 3 Transportation and Economic Meeting Minutes - Final July 27, 2023 Development Corporation F.3 Consider a resolution authorizing the President to execute the Second Amendment to the Administration and Funding Agreement for the City of Round Rock Economic Development Program with the City of Round Rock and the Round Rock Chamber of Commerce, Inc. Jordan Robinson, Round Rock Chamber President & CEO made the presentation. A motion was made by Boardmember Black, seconded by Vice President Therrell, to approve the Type B Resolution. The motion passed by the following vote: Ayes: 5 - President Morgan Boardmember Baese Boardmember Black Boardmember Swor Vice President Therrell Nays: 0 Absent: 2 - Boardmember Honning Secretary Villarreal G. ADJOURNMENT There being no further business, President Morgan adjourned the meeting at 5:36 pm. Respectfully submitted by, Meagan Spinks, City Clerk City of Round Rock Page 3 of 3