STATE OF TEXAS 0 COUNTY OF BURNET 8 CITY OF BURNET 8 On this the 19th day of May 2025, the City Council of the City of Burnet convened in a Workshop Session, at 11:30 a.m. in the City Council Chambers, located at 2402 S. Water, Burnet, TX thereof with the following members present, to-wit: Mayor Gary Wideman Council Members Tres Clinton, Tommy Gaut, Joyce Laudenschlager, Philip Thurman, and Ricky Langley Absent Cindia Talamantez City Manager David Vaughn City Secretary Maria Gonzales Guests: Eric Belaj, Jill Disler, Leslie Kimbler, Patricia Langford, Keith McBurnett CONSIDERATION ITEMS: 2.1) Discuss and Consider: Proposed master transportation plan to include needs assessment, code review, safe routes to school analysis, and priority sidewalk project Jake Gutekunst with The Goodman Corporation provided Council with an overview of the services involved in developing a Transportation Master Plan for the City. Mr. Gutekunst stated that he has experience working with both small and large municipalities and noted that the mission of The Goodman Corporation is to, "connect capital to communities." Mr. Gutekunst outlined the goals and anticipated outcomes ofthe Transportation Master Plan, which include gathering input from the community and key stakeholders, identifying funding partnerships, and exploring innovative transportation solutions. He reported that the project would take approximately nine (9) months to complete and would include the following components: Project management and administration Needs assessment and code review Development of a roadway map and cross sections Comprehensive documentation Public engagement and outreach Safe Routes to School gap analysis and identification of priority sidewalks Mr. Gutekunst emphasized the importance of collaboration throughout the process to ensure the plan addresses the City's unique transportation needs and opportunities. 2.2) Discuss and Consider: Council's goals and priorities including associated programs, capital projects, and budgetary impacts None. 2.3) Discuss and Consider: Arbitrage related to 2021 debt issuance City Manager David Vaughn reported to Council regarding an arbitrage situation involving a debt issuance from 2021. The issuance, totaling $61 million, was designated for the City Hall project, with $1 million allocated specifically for the airport. Mr. Vaughn informed Council that, based on a recent evaluation, a potential arbitrage payment of approximately $400,000 may be due. He: noted that City staff are currently seeking a second opinion on the matter. The payment, ifi required, would not be due until August 2026. Mr. Vaughn stated that he will continue to monitor the situation and will provide updates to Council as more information becomes available. EXECUTIVE SESSION: None. RECONVENE TO REGULAR SESSION FOR POSSIBLE. ACTION: None. REQUESTS FROM COUNCIL FOR FUTURE REPORTS: In accordance with Resolution R2020- 28 councilmembers may request the City Manager to prepare and present future reports on matters of public interest: None. ADJOURN: The meeting was adjourned at 12:56 p.m. dazol Gary Wideman, Mayor ATTEST: Maria Gonzales, City Secretary C BURNE