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Austin: Unlocking Underused Properties

Thursday, March 25, 2021 Austin Industrial Development Corporation Board of Directors Meeting
  • The Austin Industrial Development Corporation (AIDC) approved its new leadership and budget, signaling a renewed focus.
  • This initiative aims to quickly identify and utilize underused properties across the city.
  • The corporation will prioritize maximizing community benefits from these revitalized properties.
  • A key goal is to accelerate development projects efficiently while always keeping the public good at the forefront.

Full Transcript

Austin Industrial Development Corporation Meeting Transcript – 03/25/2021 Title: City of Austin Channel: 6 - COAUS Recorded On: 3/25/2021 6:00:00 AM Original Air Date: 3/25/2021 Transcript Generated by SnapStream ================================== Please note that the following transcript is for reference purposes and does not constitute the official record of actions taken during the meeting. For the official record of actions of the meeting, please refer to the Approved Minutes. I'm going to convene the Austin industrial development corporation here on March 25th, 2021. At 12:56p.m. We have three items on the [12:56:56 PM] agenda. The quorum of the board is present. >> We have three items to approve the officers for the Austin industrial development corp and the chair and the vice-chair and the third item is approving the budget. >> Mayor Adler: A motion to approve the three items? Seconded by councilmember pool. Any discussion? Mayor pro tem? >> Harper-madison: I would like to speak briefly to item 72, but I can hold if you would like to vote first. >> Mayor Adler: Well, let's go ahead -- well, this is the vote to approve the three items on [12:57:57 PM] 72. You want to speak after we take the vote? >> Harper-madison: It's up to you and I'm going to vote in the affirmative, so I can make my commentary whenever you prefer. >> Mayor Adler: Is there a motion to -- all right, we had the motion a second ago. Those in favor of the consent agenda passage, please raise your hand. Opposed? It's unanimous by the board of directors. Director harper-madison, vice-chair, do you want to speak before we adjourn? >> Harper-madison: I'd like to, please, thank you. I wanted to point out this is an item that you talked earlier about the consent agenda and this is one that people can scroll right past and, you know, just kind of skip over. But I have to say that this is really exciting. I think that this item could serve as a mechanism to identify underutilized properties more quickly and to really determine what kind of community benefits we can get out of them. And additionally I really look forward to the dec and the ability to react at market speed [12:58:59 PM] while really keeping the public good front and center. So I'm excited that we're going to blow the dust off this old toolbox and using it in new ways and looking for new opportunities. >> Mayor Adler: Great, thank you. With that, we're going to adjourn the meeting here at 12:59.