Government
BY SAM SCHAFFER
BY STEVE GUNTLI
Leander Police Department to review department culture
Cedar Park’s Firey Aerospace to go public Firey Aerospace, the Cedar Park-based space and defense rm that recently completed a suc- cessful moon landing, announced on July 11 that it would become a publicly-traded company with the launch of its initial public oering. Zooming in The dates and details of the IPO are still pend- ing. The company announced August 6 that it would be releasing 19,296,000 shares at $45 each. Firey announced it would be ling a Form S-1 registration statement with the Securities and Exchange Commission for an IPO of its stock. The company conrmed in a press release that the ticker symbol on the Nasdaq Global Market will be “FLY.” Goldman Sachs, J.P. Morgan, Jeries and Wells Fargo Securities will be the primary managers for the proposed oering.
Liberty Hill approves storage facility site Liberty Hill City Council voted July 9 to approve the site plan and issue the development permit for a storage facility at 10107 Hwy. 29 in Liberty Hill. The 5.45-acre project includes three buildings with a combination of interior and exterior access storage units, according to agenda documents.
to ensure a positive working environment and success in operations as the city grows. How we got here Minton said he’s been with the department for 30 years. When he started, the department served about 3,000 people, he said. The city now estimates it has over 77,000 people in it. “I’ve seen a lot of changes over the last 30 years,” Minton said, noting that a newer genera- tion is coming onto the force now, and he wants to make sure the department’s culture is conducive to them having fullling careers. What else? Ultimately, Minton said maintaining a healthy culture at the department will result in better treatment of the community. He said he wants to avoid a situation where ocers are carrying negative feelings from the
The Leander Police Department will spend about seven months reviewing its culture and processes to ensure employees and ocers feel they work in a supportive environment that will be able to handle the city’s needs as it grows. An item passed at Leander’s June 17 City Council meeting allocated $85,000 for a contract supporting that initiative. The contract is with LION Organizational Development Institute LLC, according to agenda documents. The LION Institute Transition Model provides a structured and research-backed approach to managing organizational change by addressing the human and psychological aspects of transition, according to the documents. What’s going on? Leander Police Chief Greg Minton told Community Impact the assessment isn’t geared toward needed change. Instead, it is being done in the interest of assessing the department’s culture
“I want a healthy department. I want people to be able to feel that they’re able to bring up any issues if they have an issue that comes up. ” GREG MINTON, LEANDER CHIEF OF POLICE
Engineers assemble components for the Blue Ghost 1 lunar lander at Fire y’s facility in Cedar Park.
COURTESY FIREFLY AEROSPACE
Liberty Hill Storage facility site
department with them out into the eld. One more thing
Why it matters The IPO will allow Firey to become a
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publicly-traded company on the New York Stock Exchange. Private companies will often go public to raise capital for growth and to increase their public prole, and are subject to much stricter government regulations.
Minton said initiating the assessment will set the department up for success after he's gone. “At some point, I’m going to retire, and I want to make sure that we’re lined up for success," he said.
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