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Notice of Intention Regarding Combination Tax and Revenue Certificates of Obligation, April 27, 2021

NOTICE OF INTENTION REGARDING CITY OF GEORGETOWN, TEXAS
COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION NOTICE IS HEREBY GIVEN that it is the intention of the City Council of the City of Georgetown, Texas, to issue one or more series of interest bearing certificates of obligation of the City entitled “City of Georgetown, Texas Combination Tax and Revenue Certificates of Obligation” (the “Certificates”) for the purpose of paying contractual obligations incurred or to be incurred by the City for: (1) constructing, improving, extending, expanding, upgrading and developing City streets, bridges, sidewalks, intersections and related traffic improvement including purchasing any necessary right-of-way and equipment, including for Aviation Drive; (2) constructing, improving, expanding and renovating the City’s Solid Waste transfer station; (3) constructing, improving, expanding and renovating the City’s public safety operation and training center; (4) acquiring and upgrading city vehicles, including fire and police vehicles and related equipment, an inspection vehicle and a traffic signal bucket truck; (5) constructing, improving, expanding and renovating the City’s municipal airport, including construction and/or improvement of a maintenance and equipment storage facility; (6) acquiring and upgrading public safety equipment including, cardiac monitors and self-contained breathing apparatus fire safety equipment; (7) constructing, improving, renovating, expanding and equipping City parks and recreation facilities, including renovation of the Teen/Senior Recreation Center, HVAC improvements, park master planning, tennis center facility improvements, and the development of neighborhood parks, including Heritage Gardens neighborhood park; (8) constructing and installing accessibility improvements at City buildings, facilities and parks in accordance with the Americans with Disabilities Act; (9) acquiring and upgrading City radio communication equipment; and (10) professional services including fiscal, engineering, architectural and legal fees and other such costs incurred in connection therewith including the costs of issuing the Certificates.

The City Council tentatively proposes to consider for first and final reading at a meeting to commence at 6 o’clock, p.m., on the 27th day of April, 2021 at Council Chambers, 510 W. 9th Street, Georgetown, Texas 78626, the passage of an ordinance authorizing such Certificates which ordinance shall be entitled “ORDINANCE AUTHORIZING THE ISSUANCE OF CITY OF GEORGETOWN, TEXAS COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION, SERIES 2021; LEVYING AN AD VALOREM TAX AND THE PLEDGE OF CERTAIN REVENUES IN SUPPORT OF THE CERTIFICATES; APPROVING AN OFFICIAL STATEMENT, A PAYING AGENT/REGISTRAR AGREEMENT AND OTHER AGREEMENTS RELATED TO THE SALE AND ISSUANCE OF THE CERTIFICATES; AND AUTHORIZING OTHER MATTERS RELATED TO THE ISSUANCE OF THE CERTIFICATES.” The maximum amount of Certificates of Obligation that may be authorized for such purpose is $25,000,000. The City Council presently proposes to provide for the payment of such Certificates from the levy and collection of ad valorem taxes in the City as provided by law and from the surplus revenues of the City’s utility system in an amount not to exceed $10,000, being the combined waterworks, sewer and electric system, remaining after payment of all operation and maintenance expenses thereof, and all debt service, reserve and other requirements in connection with all of the City’s revenue bonds or other obligations (now or hereafter outstanding) which are payable from all or any part of the net revenues of the City’s utility system.

Due to the ongoing public health concerns regarding the COVID 19 virus, and as may be authorized by Executive Order of the Governor of Texas, such meeting and public hearing regarding the Certificates to be held on April 27, 2021 may be conducted via a free public video conference or other lawful electronic means. In such event, information regarding how to access the meeting and public participation in the meeting will be available on the City’s website and in the agenda posted no less than 72 hours before the April 27, 2021 meeting at the following internet address: https://government.georgetown.org/

The following information is required pursuant to Texas Local Government Code, Section 271.049: As of February 9, 2021, the aggregate principal amount of all outstanding debt obligations of the City secured by and payable from ad valorem taxes is $222,670,000. As of February 9, 2021, the combined principal and interest required to pay all outstanding debt obligations of the City secured by and payable from ad valorem taxes on time and in full is $283,895,475. The estimated combined principal and interest required to pay the Certificates on time and in full is $33,785,883.

The estimated interest rate for the Certificates is 3.00%. Such estimates take into account a number of factors, including the issuance schedule, maturity schedule and the expected ratings of the proposed Certificates. Such estimated interest rate is provided as a matter of information but is not a limitation on the interest rate at which the Certificates may be sold. The maximum maturity date of the Certificates is August 15, 2041.

CITY OF GEORGETOWN, TEXAS

Proposed Voluntary Annexation of 36.21 Acres

The City of Georgetown is considering a voluntary annexation of property into the city limits.  A Public Hearing will be held at the December 8, 2020 meeting at 6:00pm. City Council meetings are located at the City Council Chambers, 510 W. 9th Street.

The area being considered for voluntary annexation is an approximately 35.298-acre tract of land out of the F. Hudson Survey, Abstract No. 295, and a 0.902-acre portion of Rabbit Hill Road, a variable width roadway, generally located at 1051 Rabbit Hill Rd.

After holding the required public hearings, the City Council will consider an ordinance for the annexation.

For additional information, please contact Nat Waggoner in the Planning Department, 512-930-3584 or email at nat.waggoner@georgetown.org.

For a location map, click here to view a .pdf

Vendor payments delayed

Vendor payments will be on hold from March 21 through April 8 as we transition to a new financial software system. During this transition period, we will be accepting invoices for payment processing, but will not be able to issue checks.

We apologize for any inconvenience this may cause. If you have questions, please contact ap@georgetown.org. Please understand we are working to update the system, and may be slower to respond.

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Georgetown wins 2017 Workforce Excellence Award

The Georgetown Workforce Development Alliance, which includes the City of Georgetown, Georgetown Chamber of Commerce, and Georgetown Independent School District, was awarded the Texas Economic Development Council’s 2017 Workforce Excellence Award for population 40,001 to 100,000 today.

The alliance is a collaborative community effort to align quality education with workforce development needs and was started as the Education Committee of the Chamber, which has its roots in the GTSet4Success; Aligning Education and Economic Development initiative, which began in 2009.

“We are excited that the hard work the Workforce Development Alliance has put into our community is being recognized at a state level,” Georgetown Economic Development Director Michaela Dollar said. “This collaborative group is an extraordinary asset to have in Georgetown as we grow and develop the city. It is also a testament to the cooperative business environment that makes us so unique.”

The WDA’s efforts in 2016 resulted in programs such as the Georgetown Career Fair and the first Manufacturing Day. The career fair was hosted for GISD juniors and seniors and included job openings with local employers as well as sessions on interviewing skills and resume writing. Manufacturing Day included several local manufacturers hosting more than 60 high school students to spur interest for future training and employment opportunities.

“The WDA is invested in addressing the workforce needs of our growing City and implementing successful workforce initiatives to ensure that we are meeting the needs of our community,” Chamber President Karen Sheldon said.

The Workforce Excellence Award program recognizes exceptional contributions by a Texas community or region that has implemented successful workforce initiatives. Nominees were judged on five criteria: innovativeness, transferability, community commitment and leverage, measured objectives, and secondary benefits.

“Our TEDC’s Workforce Excellence Award is one of the ways in which our organization honors the outstanding work done by our communities and regions, their leaders, and their economic development professionals in the area of workforce development,” TEDC President/CEO Carlton Schwab said.

Downtown Retail Workshop on June 16

A downtown workshop to focus on the commercial downtown area for the Retail Strategy and Recruitment Plan for Georgetown will be hosted by the City of Georgetown and Catalyst Commercial on June 16.

The City of Georgetown and the Georgetown Economic Development Corporation (GEDCO) have partnered with Catalyst Commercial, a leading expert in retail recruitment, marketing, and strategy to conduct a retail market analysis and create a Retail Strategy and Recruitment Plan customized for Georgetown.  This project will measure the current retail environment, address the types and locations of retail outlets that will be most beneficial for the citizens and successful for businesses, and create a more diversified retail environment in our community.

The workshop on June 16 will be a venue for downtown stakeholders to share their thoughts about Georgetown’s opportunities to attract and retain retail establishments in downtown.

The event is on Thursday, June 16 from 8:00 a.m. to 11:00 a.m. in the Friends Room at the Georgetown Public Library, 402 W. Eighth Street. A light breakfast will be provided.

Walk-ins are welcome. Help us prepare by RSVP to Andreina Davila-Quintero, City of Georgetown Project Coordinator, by 5 p.m. on Tuesday, June 14 at Andreina.Davila@georgetown.org or (512) 931-7686.  If you would like to learn more about this project, please visit https://invest.georgetown.org/retail-strategy-and-recruitment-plan/.

National Women Build Week

On Wednesday, May 4, a group of female officers and civilian employees with the Georgetown Police Department will volunteer at a Habitat for Humanity of Williamson County (HFHWC) home in Georgetown as part of Habitat’s National Women Build Week.

This is the second year that the Georgetown Police Department will participate.  Almost twenty volunteers will help build a home in Georgetown.  The group is also fundraising for HFHWC to help support future home builds in Williamson County.

National Women Build Week, a weeklong event created by Habitat for Humanity’s Women Build program, challenges participants to devote at least one day to help build affordable housing in their local communities. The week also spotlights the homeownership challenges faced by women.

Police Chief Wayne Nero is proud of his department’s efforts. “Several times a year, women from our department get together for professional development. At least once per year they identify a project in which they can engage our community,” Nero said.

“This year, they again are working with the Habitat for Humanity of Williamson County in honor of National Women Build Week. They will be providing sweat equity for a local affordable housing project and have also engaged in some traditional fundraising for Habitat. I am extremely proud of the women in the Georgetown Police Department and am proud to be their Chief.”

Founded in 1999, Habitat for Humanity of Williamson County brings communities and people together to create and sustain home ownership opportunities in Williamson County. Habitat has worked with more than 15,000 volunteers and community donors to help 70 families (with their 165 children) become homeowners in Leander, Georgetown, Round Rock, Taylor, and Jarrell.

Street Sealant Work Update

On Thursday April 28, City crews will be applying black sand to the cul-de-sac on River Rock Drive in order to stabilize the Rejuvenation Street Sealant applied in March.  At approximately 3:00 p.m., as the temperature warms and the sealant softens, staff will apply a thin layer of sand and roller compact it into the street.  On Friday morning, crews will sweep any excess sand and monitor conditions as traffic drives on the roadway.

If the sealant is stabilized, crews will schedule the same application early next week when temperatures are expected to be high enough to activate the material on the following cul-de-sacs: Cobalt Cove, Tea Tree Cove, Cider Orchard Cove, Butter Fly Cove, Rainwater Cove, both cul-de-sacs on Stardust Lane, and Tipps Court.  Following the application on the cul-de-sacs, staff will continue to monitor the streets and intersections for any other reactivation and possible sanding application.  Staff will begin driveway cleaning once the sanding application is completed.

The sealant is used to fill small cracks and prevent oxidation of the road surface to extend the pavement life.  The recent tracking of the sealant in Sun City is the result of the latest applications not curing as rapidly as they have in the past. Tracking began occurring mostly on warm days as pavement temperatures reached 120 degrees, causing the sealant to reactivate. This caused tracking issues into driveways and onto adjacent streets.

Staff has shared this issue with the product manufacturer, and requested a plan of action to prevent further tracking.  The manufacture recommended using dry “blotter sand” to prevent additional tracking.  The sand should adhere to the remaining surface and provide a barrier between the surface and tires.  The City’s contract engineer has suggested following a typical TxDOT maintenance procedure for applying the sand.  Sand will be applied with a truck mounted sand spreader and rolled in with a pneumatic roller.  Once dried, any remaining sand will be removed using the City’s vacuum sweeper.  A black sand will be utilized to blend with the existing road surface.  This application will be performed during the warmest part of the day, when the product is reactivated, so the sand will set with the product.

Transportation Department crews have conducted tests in a vacant subdivision near Interstate 35 to help identify issues leading to the product’s tracking.  Staff performed the sanding procedure on freshly applied sealant in a small area with promising results.  Staff has also applied this application to a small test section in Sun City with similar results.

City crews are monitoring the sealant area daily, and have noticed tracks in the product when temperatures rise and heavy vehicles travel the roadway.  To minimize tire rubber and product tracking, residents should refrain from sharp turns into and on driveways.

No further rejuvenation street sealant applications are scheduled at this time.

Public Meetings Weekly

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