IDC
NOTICE OF MEETING                 
INDUSTRIAL DEVELOPMENT CORPORATION
MARCH 5, 2019 - 9:00 A.M.
CITY HALL - ROOM 204
823 ROSENBERG
GALVESTON, TEXAS

AGENDA
I.

Declaration of a Quorum

II.

Roll Call

III.

Conflict of Interest Declaration

IV.

Consider approval of the February 2019 meeting minutes.

Documents:
  1. IV.pdf
V.

Public Comment on Agenda Items

VI.

Review the Parks Silo and five year funding plan.

Documents:
  1. VI.pdf
VII.

Industrial Development Corporation Projects

A.

Parks Package #3

a. Discuss and consider a Resolution of the Board of Directors of the Industrial Development Corporation and the City of Galveston, approving as a project of the corporation to repair, rehabilitate, and enhance parks, playgrounds, and recreational facilities.
b. Discuss and consider an Economic Development Agreement between the Industrial Development Corporation, and the City of Galveston to repair, rehabilitate, and enhance parks, playgrounds, and recreational facilities.

Documents:
  1. VII-A.pdf
B.

Airport Runway Project

a. Discuss and consider a Resolution of the Board of Directors of the Industrial Development Corporation and the City of Galveston, approving as a project of the corporation to fund a match for a TxDOT Aviation Grant to cover the engineering/design and construction of rehabilitation of Runway 14/32, and Phase 3 & 4 Apron Project.
b. Discuss and consider an Economic Development Agreement between the Industrial Development Corporation, and the City of Galveston to fund a match for a TxDOT Aviation Grant to cover the engineering/design and construction of rehabilitation of Runway 14/32, and Phase 3 & 4 Apron Project.

Documents:
  1. VII-B.pdf
VIII.

Administrative Matters

A.

Review Community Pool Operational Expenses.

B.

Discuss and consider a resolution amending the IDC operating budget to transfer Parks Silo Funds from the "Little League Complex Maintenance" line item into the "IDC Parks Work Crew" line item.

Documents:
  1. VIII-B.pdf
C.

Discuss and consider a Resolution of the Board of Directors of the Industrial Development Corporation and the City of Galveston to authorize the increase of IDC Work Crew expenditures.

Documents:
  1. VIII-C.pdf
D.

Discuss and consider an Economic Development Agreement between the Industrial Development Corporation and the City of Galveston to authorize the increase of IDC Work Crew expenditures.

Documents:
  1. VIII-D.pdf
E.

Discuss and receive an update from the Treasurer on expenses, available funds, and forecasts.

Documents:
  1. VIII-E.pdf
F.

Discuss and receive an update on current or completed IDC projects.

Documents:
  1. VIII-F.pdf
G.

Discuss the FY 19 calendar.

Documents:
  1. VIII-G.pdf
IX.

Schedule Future Meetings

X.

Request Agenda Items For Future Meetings

XI.

Adjournment

I certify that the above Notice of Meeting was posted in a place convenient to the public in compliance with Chapter 551 of the Texas Government Code on March 1, 2019 at 3:40 P.M.
JW Signature02
Janelle Williams, City Secretary


*City Council Members may be attending and participating in the discussions

IN ACCORDANCE WITH THE PROVISIONS OF THE AMERICANS WITH DISABILITIES ACT (ADA), PERSONS IN NEED OF A SPECIAL ACCOMMODATION TO PARTICIPATE IN THIS PROCEEDING SHALL, WITHIN THREE (3) DAYS PRIOR TO ANY PROCEEDING, CONTACT THE CITY SECRETARY'S OFFICE, SUITE 201, 823 ROSENBERG, GALVESTON, TEXAS 77550 (409-797-3510).