Bastrop Economic Development Corporation Monday, June 26, 2023 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.

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 May 15, 2023, the Leadership Summit of May 22, 2023, and the Special Meeting of June 12, 2023. 

• 3.1 Minutes Staff Report.pdf (0.04 MB)
• 05_15_23_BEDC_Board_Meeting_Minutes.pdf (0.05 MB)
• 05_22_23_BEDC_Leadership_Summit_Meeting_Minutes.pdf (0.03 MB)
• 06_12_23_BEDC_Board_Meeting_Minutes.pdf (0.05 MB)

2. 3.BReceive the financial report provided by the City of Bastrop's Chief Financial Officer for the period ending in May 2023 and comments.

• 3.2 Financials Staff Report.pdf (0.04 MB)
• 2023-05 EDC Mthly Rpt.pdf (0.36 MB)

3. 3.CDiscussion and possible action regarding Resolution R-2023-0009 supporting the Smithville Workforce Training Center.

• 3.3 Resolution Staff Report.pdf (0.04 MB)
• Resolution R-2023-0009 Smithville Training Center (4853-7678-4491.2).pdf (0.03 MB)

4. 3.DDiscussion and possible action regarding the adoption of procedures and metrics of the Revolving Loan Fund.

• 3.4 RLF Staff Report.pdf (0.04 MB)
• 06-21-23 Revolving Loan Fund Policy and Application Update(3).pdf (0.30 MB)

5. 3.EUpdate on BEDC funding commitments.

• 3.5 Funding Commitment Staff Report.pdf (0.04 MB)
• BEDC Funding Commitments Tracking(2).pdf (0.08 MB)

6. 3.FConsideration, discussion, and possible action on election of BEDC Officers: Chair, Vice Chair, Secretary/Treasurer for the remainder of FY 2022/2023. 

• 3.6 Vice Chair Staff Report.pdf (0.04 MB)

4.EXECUTIVE SESSION

1. 4.1The 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 and Project Electric Lion. 

2. 4.2The 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. 5.1CERTIFICATE

   I, Angela Ryan, Operations Manager of the Bastrop Economic Development Corporation (BEDC), certify that this Notice of Meeting was posted at Bastrop City Hall, 1311 Chestnut Street, and on the BEDC’s website on this the 22nd of June 2023 at 5:00 p.m. Copies of this agenda have been provided to those members of the media requesting such information.