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Austin Activates Economic Growth Board

Thursday, December 11, 2014 Austin Industrial Development Corporation Board of Directors Meeting
  • The Austin Industrial Development Corporation (IDC) was officially established and activated.
  • The Mayor and City Council members were appointed to serve as the governing board for the new IDC.
  • The corporation's bylaws were updated, and its initial budget was formally approved.

Full Transcript

Austin Industrial Development Corporation Meeting Transcript 12/11/2014 Without objection that meeting is adjourned and we'll call to order a meeting of the Austin Industrial Development Corporation. [laughter]. And we have no speakers signed up on that item, on any of these items. >> Hello, Mayor. Kevin Johns, Director of Economic Development. This item is to approve three resolutions on consent to activate the industrial development corporation. The three items are to approve a resolution to appoint Mayor and Council as the board. To update the bylaws and to set up the budget. >> Mayor Leffingwell: I'll entertain a motion to approve items 1, 2 and 3 on consent. Councilmember Morrison so moves. Seconded by Mayor Pro Tem Cole. All in favor say aye. Opposed say no? It passes five to zero with Councilmember Martinez and Spelman off the dais. >> thank you very much. Happy holidays. >> Mayor Leffingwell: that concludes the business of the industrial development corporation, so without objection that meeting is adjourned and I'll call back to order the meeting of the Austin City Council.