Bastrop Economic Development Corporation Monday, June 17, 2024 04:30 PM Bastrop City Hall, 1311 Chestnut Street, Bastrop, Texas

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.

3.WORKSHOP SESSION

1. 3.AWorkshop – The development cycle and importance of collaboration. 

   Submitted by: Sylvia Carrillo-Trevino, ICMA-CM, CPM, Interim BEDC Director and City Manager

• BEDC Development Cycle.pdf (0.04 MB)

4.REGULAR BUSINESS & PRESENTATIONS

1. 4.AReceive update from the Smithville Workforce Training Center

   Submitted by: Sylvia Carrillo-Trevino, ICMA-CM, CPM, Interim BEDC Director and City Manager

• Smithhville workfoce.pdf (0.04 MB)

2. 4.BApproval of meeting minutes from the Special Board Meeting of May 8, 2024, and Regular BEDC Board Meeting of May 20, 2024.

   Submitted by: Angela Ryan, BEDC Operations Manager

• BEDC Meeting Minutes Staff Report.pdf (0.05 MB)
• Draft 05_08_24_Special_BEDC_Board_Meeting_Minutes - Edited.pdf (0.06 MB)
• 05.20.24_BEDC_Board_Meeting_Minutes.pdf (0.06 MB)

3. 4.CReceive financial report for the period ending May 2024.

   Submitted by: Edi McIlwain, City of Bastrop Chief Financial Officer

• Updated May Financials Staff Report.pdf (0.12 MB)
• Updated BEDC May 2024 Financial Summary.pdf (0.51 MB)
• 2024 March 2024 Cash Statement.pdf (0.05 MB)

4. 4.DUpdate on BEDC funding commitments. 

   Submitted by: Sylvia Carrillo-Trevino, ICMA-CM, CPM, Interim Director of the BEDC and City Manager

• BEDC Funding Commitments Staff Report.pdf (0.12 MB)
• BEDC Funding Commitments June 2024 Meeting.pdf (0.08 MB)

5.EXECUTIVE SESSION

1. 5.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 Economic Development Negotiations regarding Project Electric Lion

   (2) Section 551.071 Consultation with Attorney regarding the Performance Agreement with Project Fiesta

   (3) Section 551.071 Consultation with Attorney regarding the Performance Agreement with Moca Ventures Nebraska, LLC

2. 5.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.

6.ADJOURNMENT

CERTIFICATE

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 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: June 13, 2024, at 4:30 p.m. and remained posted for at least two hours after said meeting was convened.

  /s/ Angela Ryan                         
Angela Ryan, Operations Manager