// Search News Archive
// Twitter Feed

Entries in Comptroller (5)

Sunday
Nov182012

Texas Dignitaries and FIA President to Present USGP Trophies

 

The podium at the 2012 USGP in Austin, TX

The 2012 Formula One United States Grand Prix winners' trophies will be presented by the following Austin and Texas dignitaries and FIA President:

The Winning Driver's trophy will be presented by Rick Perry, the Governor of the State of Texas.

The Winning Constructor's trophy will be presented by Susan Combs, Texas Comptroller of Public Accounts.

The Second Place Driver will receive his trophy from David Dewhurst, Lieutenant Governor of the State of Texas.

Third Place Driver will receive his trophy from Nick Craw, President, ACCUS and FIA Senate President.

 

The Trophy presenters of the 2012 USGP (L-R): Rick Perry, Susan Combs, David Dewhurst and Nick Craw

 

Friday
Oct072011

Video Update: Construction Ramping Up

There have been some concerns lately about work at the circuit "slowing down" - we understand this to have been a timing issue. The groundwork progressed amazingly quickly because of the lack of rain during the Texas summer, so they were able to exceed normal construction deadlines & speed up the timeline. We've been told vertical construction would start in October, and our friends at Friends of Circuit of the Americas updated us on Tuesday, confirming new equipment arrived at the circuit.

We decided to head out to the circuit on this lovely Texas October afternoon (albeit still HOT!) and share it with you.

Click to read more ...

Wednesday
Jun292011

ALL IN FAVOR, SAY "AYE"

Austin City Council chambers packed with supporters at last Thursday's meeting

The "ayes" have it and the motion is carried.
Austin Approves F1 Project!


The Austin City Council just voted seconds ago to approve the resolutions related to the Agreement between the City of Austin, The Texas Comptroller and the COTA Local Organizing Committee.

Mayor Leffingwell was joined by Council Members Martinez, Riley, Cole and Spelman in approving the measures. Council Members Tovo and Morrison voted in opposition.

As a recap, the measures:

  1. Authorized the City Manager to negotiate and execute an Interlocal Agreement with the Texas Comptroller of Public Accounts to: 1) Establish a METF for the F1 US Grand Prix and 2) Set forth the rights and obligations of the parties as required under the METF statute.
  2. Authorized the COTA Local Organizing Committee ("CELOC") to act on the city's behalf 1) Establish the parties' authority, rights, and responsibilities with respect to an application to the Texas Comptroller of Public Accounts for creation of a METF in support of the F1 US Grand Prix and 2) establish the parties' authority, rights, and responsibilities with respect to payments to and from the Fund.
  3. (Hotel fee waiver ordinance)
  4. Discussion and possible action on a term sheet describing environmental standards and expectations regarding the Circuit of the Americas and related parties.

We also enjoyed reading Council Member Bill Spelman's email that he sent in response to all those that emailed him about the F1 vote. He highlights three concerns:

  1. There must be no financial risk for the City of Austin or its taxpayers.
  2. The City of Austin must be able to terminate all contracts due to non-performance.
  3. Circuit of the Americas must meet the sustainability expectations.

You can take a closer look at Mr. Spelman's email by clicking here.

Regarding the sustainibility expectations, The Austin American-Statesman exclusively shared a press release from Council Member Chris Riley's office late yesterday afternoon. Mr. Riley, Council Member Mike Martinez and Austin Mayor Lee Leffingwell all sponsor and support an unprecedented initiative to make Circuit of the Americas a landmark "Green" Formula One facility. This tentative agreement addresses numerous environmental and sustainibility issues. Here are a few points that COTA has tentatively agreed to implement at the one-of-a-kind Circuit of the Americas:

  • Provide satellite parking and dedicated lanes for mass transit options
  • Build structures to Austin Energy Green Building standards
  • Invest in on-site renewable energy
  • Embrace aggressive recycling and composting practices
  • Invest in local carbon offsets, such as tree plantings and land conservation
  • Buy into Austin Energy’s Green Choice program
  • Dedicate land for a community garden
  • Partner with other organizations, such as Austin Technology Incubator, to support on-site green technology and research and development projects
  • Coordinate with local educational institutions such as UT, Texas State , Huston-Tillotson, and Texas A&M to do green racing and transportation research
  • Host alternative energy and energy efficient car races, in addition to cycling and foot races

Thanks EVERYONE for your help, tweets, comments, posts; YOU truly helped MAKE IT HAPPEN!

Austin, MAKE IT HAPPEN! from The Austin Grand Prix on Vimeo.

 

More THANK YOUs to everyone who has ever watched and participated in the past five (yes 5) Austin City Council meetings regarding F1 since November of last year.

Your first beer at the inaugural F1 race at Circuit of the Americas
in 2012 is ON US!

Cheers :)