IDC

NOTICE OF MEETING
INDUSTRIAL DEVELOPMENT CORPORATION
JUNE 6, 2023 - 9:00 A.M.
CITY HALL - ROOM 204
823 ROSENBERG
GALVESTON, TEXAS
409.797.3510

One or more members of the City of Galveston Industrial Development Corporation may attend the meeting by videoconference.  A quorum of the members of the Board of the City of Galveston Industrial Development Corporation will be physically present at the meeting location. 

AGENDA

I.

Declaration of a Quorum

II.

Roll Call

III.

Conflict of Interest Declaration

IV.

Consider Approval of Meeting Minutes – May 2, 2023

Documents:
  1. IDC Draft Agenda May 2 2023.pdf
V.

Public Comment on Agenda Items


VI.

Public Hearing - Economic Development Silo

A.

Public Hearing and Potential Changes to an Economic Development Agreement between the Industrial Development Corporation and the City of Galveston for $580,000 to fund the 10% local match for an FY2023 Department of Transportation Airport Improvement Program (AIP) grant for Phase One Taxiway E Realignment, Apron Reconstruction, & Drainage Improvements.

VII.

Administrative Matters

A.

Discuss and Receive update from Treasurer on Expenses, Available Funds, Forecasts and Investments. (B. Cook)

Documents:
  1. Funds Available_FY23- June 2023 IDC Meeting_as of 4.2023_05.31.2023.pdf
  2. Forecasting - IDC Beach Silo as of 1.2023_mh 03.6.23_rev 05.31.23.pdf
  3. Forecasting-IDC Parks Silo as of 12.31.2022_mh 05.30.23.pdf
  4. Forecasting - IDC ED Silo as of 1.31.2023_mh for 6.2023_mh.pdf
  5. Forecasting - IDC Public Infra as of 3.2023_mh draft_06.2023 mtg.pdf
B.

Discuss and Receive Update on Current or Completed IDC Projects

Documents:
  1. Open Projects_FY23- June 2023 IDC Meeting_as of 4.2023_05.31.2023.pdf
C.

Discuss and Receive Update on Calendar

Documents:
  1. IDC calendar FY 2023_rev 05.31.2023.pdf
VIII.

Executive Session - Pursuant to Texas Government Code Section 551.072 Deliberation Regarding Real Property the Corporation may convene into Executive Session to discuss the purchase, exchange, lease, or value of real property

IX.

Request Agenda Items For Future Meetings

X.

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 June 1, 2023 at 8:30 A.M.

Janelle Williams

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).