IDC

NOTICE OF MEETING
INDUSTRIAL DEVELOPMENT CORPORATION
TUESDAY, JUNE 7, 2022 - 9:00 A.M.
CITY HALL - ROOM 204
823 ROSENBERG
GALVESTON, TEXAS
409.797.3510

AGENDA

I.

Declaration of a Quorum

II.

Roll Call

III.

Conflict of Interest Declaration

IV.

Consider approval of meeting minutes - May 3, 2022

Documents:
  1. IDC Draft Minutes_05032022.pdf
V.

Public Comment on Agenda Items


VI.

Public Hearings

A.

Public Hearing and potential changes to an Economic Development Grant Agreement between the City of Galveston and Industrial Development Corporation of the City of Galveston Texas Approving Funding to City of Galveston the local match for a Planning Assistant Grant to Update the Sediment Management Strategy in the amount of $150,000.

Documents:
  1. Staff Report PAS2_Sediment Mgmt Update_bhill 5.16.22.pdf
  2. RES_PLANNING ASSISTANCE TO STATES PROGRAM_rev05.3.22.pdf
B.

Public Hearing and potential changes to an Economic Development Grant Agreement between the City of Galveston and Industrial Development Corporation of the City of Galveston Texas Approving Funding to City of Galveston for Additional Funding for the Pelican Island Bridge Replacement Project in the amount of $1,000,000.

Documents:
  1. Staff Report_PelicanIslandBridge-2_IDC_2022.05.27 mh.pdf
  2. AGREEMENT_PELICAN ISLAND BRIDGE PROJECT-2 _ draft 05.25.22.pdf
VII.

Project Consideration

A.

Discuss and give staff direction on potential Infrastructure Projects (R. Winiecke)

VIII.

Sales Tax Extension

A.

Discuss and give staff direction on the extension of the 4B Sales Tax

Documents:
  1. ORD - 08-044 - 08_14_2008 - Special election--sales tax.pdf
  2. BALLOT PROVISIONS_IDC 4B Sales Tax Extension 2023_5.23.22.pdf
IX.

Administrative Matters

A.

Discuss and Receive Update on Current or Completed IDC Projects

Documents:
  1. Open Projects_FY22- June 2022 IDC Meeting as of 4.30.2022_rev 6.2.22.pdf
B.

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

Documents:
  1. FY22-Funds Available_ June 2022 IDC Meeting as of 4.30.2022_rev 6.2.22.pdf
  2. Forecasting - IDC ED Silo as of 12.2021_mh 3.2022_opt 1.pdf
  3. Forecasting - IDC Beach Silo as of 3.2022_v2_mh 6.2.22.pdf
  4. Forecasting - IDC ED Silo as of 12.2021_mh 6.2.2022_option 2.pdf
  5. Forecasting - IDC Public Infra as of 3.31.2022_06.02.2022.pdf
C.

Discuss and Consider FY22 Calendar (M. Hay)

Documents:
  1. IDC calendar 2022_mhay_2.1.22.pdf
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 June 3, 2022 at 1:45 P.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).