Bastrop Economic Development Corporation Monday, September 25, 2023 04:30 PM Bastrop City Hall, 1311 Chestnut Street, Bastrop, Texas

1.CALL TO ORDER

2.PUBLIC COMMENT(S)

1. 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

1. 3.AApproval of the meeting minutes from the regular BEDC board meeting of August 28, 2023.

• 3.A BEDC Staff Report Meeting Minutes.pdf (0.12 MB)
• 3.A.1 Draft 08_28_23_BEDC_Board_Meeting_Minutes.pdf (0.18 MB)

2. 3.BReceive the financial report provided by the City of Bastrop Finance Department for the period ending August 2023 and comments.

• 3.B Financials Staff Report.pdf (0.12 MB)
• 3.B.1 2023-08 EDC Mthly Rpt.pdf (0.27 MB)

3. 3.CUpdate on final BEDC budget for FY2024.

• 3.C Budget Staff Report.pdf (0.13 MB)
• 3.C.1 BEDC Budget FY 2024.pdf (0.71 MB)

4. 3.DDiscussion and possible action regarding approval of Resolution R-2023-0012 approving the expenditure of $123,000 for the extension of Agnes Street.

• 3.D Agnes Resolution Staff Report.pdf (0.13 MB)
• 3.D.1 Draft Agnes Resolution R-2023-0012.pdf (0.14 MB)

5. 3.EUpdate on BEDC funding commitments.

• 3.E BEDC Funding Commitments Staff Report.pdf (0.13 MB)
• 3.E.1 BEDC Funding Commitments Tracking.pdf (0.16 MB)

4.EXECUTIVE SESSION

1. 4.AThe 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 Jet, Burleson Crossing East, and Project RLF-23-1

2. 4.BThe 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

1. 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 said Notice was posted on the following date and time: September 21, 2023 at 5:00 p.m. and remained posted for at least two hours after said meeting was convened.

    /s/Angela Ryan                               

   Angela Ryan, Operations Manager