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2021-01-19 TIRZ MeetingTAX INCREMENT REINVESTMENT ZONE NUMBER ONE CITY OF SOUTHLAKE BOARD OF DIRECTORS MEETING LOCATION: Southlake Town Hall, Council Chambers 1400 Main Street, Southlake, TX 76092 DATE AND TIME: Tuesday, January 19, 2021 —5:00 p.m. AGENDA: 1. Call to Order 2. Consideration: Approval of the minutes from the August 4, 2020 Tax Increment Reinvestment Zone Number One Board of Directors meeting. 3. Consideration: Approval of recommendation to the Southlake City Council for the appointment of the Chair of the Board of Directors for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2021. 4. Consideration: Election of Vice -Chair for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2021. 5. Consideration: Approval of the 2020 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. 6. Discussion: Tax Increment Reinvestment Zone Number One Project Status Update. 7. Adjournment CERTIFICATE I hereby certify that the above agenda was posted on the official bulletin boards at Town � thlake, Texas on Friday, January 15 2021 b 6:00 m., Hall, 1400 Mai�n,�9�r-��tl�c�y� y, ry y p. pursuant to tl cas ofiro*ent Code, Chapter 551. Veronica Loib&7�, %TRMC Deputy City *re,av* * If you plan to attend this public meeting and have a disability that requires special needs, please advise the City Secretary 48 hours in advance at (817) 748-8016, and reasonable accommodations will be made to assist you. TAX INCREMENT REINVESTMENT ZONE NUMBER ONE BOARD OF DIRECTORS MEETING MINUTES JANUARY 19, 2021 LOCATION: Southlake Town Hall, City Council Chambers 1400 Main Street, Southlake, Texas 76092 MEMBERS PRESENT: Chairman Chad Patton, Vice Chairman Shawn McCaskill, Ronell Smith, Randy Williamson, and William Wooten MEMBERS ABSENT: Kathy Talley, Laura Hill, Todd Carlton and John Huffman STAFF PRESENT: Assistant City Manager and Director of Economic Development & Tourism Alison Ortowski, Chief Financial Officer Sharen Jackson, and City Secretary Amy Shelley. 1. CALL TO ORDER The meeting was called to order by Chairman Chad Patton at 5:00pm. 2. CONSIDERATION: APPROVAL OF THE MINUTES FROM THE AUGUST 4, 2020 TAX INCREMENT REINVESTMENT ZONE NUMBER ONE BOARD OF DIRECTORS MEETING. Chairman Chad Patton presented Item 2 and answered questions from the Board. A motion was made to approve the minutes from the August 4, 2020 Tax Increment Reinvestment Zone Number One Board of Directors meeting. Motion: McCaskill Second: Smith Ayes: Patton, Wooten, McCaskill, Smith and Williamson Approved: 5-0 Absent: Talley, Hill, Carlton and Huffman 3. CONSIDERATION: APPROVAL OF RECOMMENDATION TO THE SOUTHLAKE CITY COUNCIL FOR THE APPOINTMENT OF THE CHAIR OF THE BOARD OF DIRECTORS FOR TAX INCRMENT REINVESTMENT ZONE NUMBER ONE, CITY OF SOUTHLAKE, TEXAS, FOR 2021. Chairman Chad Patton presented Item 3 and answered questions from the Board. A motion was made to appoint Chad Patton to Chair of the Tax Increment Reinvestment Zone Number One Board of Directors for 2021. Motion: McCaskill Second: Williamson Ayes: Patton, Wooten, McCaskill, Smith and Williamson Approved: 5-0 TIRZ Meeting Minutes,January 19, 2021 Page 1 Absent: Talley, Hill, Carlton and Huffman 4. CONSIDERATION: ELECTION OF VICE-CHAIR FOR TAX INCREMENT REINVESTMENT ZONE NUMBER ONE, CITY OF SOUTHLAKE, TEXAS, FOR 2021. Chairman Chad Patton presented Item 4 and answered questions from the Board. A motion was made to appoint Shawn McCaskill to Vice-Chair of the Tax Increment Reinvestment Zone Number One Board of Directors for 2021 . Motion: McCaskill Second: Williamson Ayes: Patton, Wooten, McCaskill, Smith and Williamson Approved: 5-0 Absent: Talley, Hill, Carlton and Huffman 5. CONSIDERATION: APPROVAL OF THE 2020 ANNUAL REPORT FOR TAX INCREMENT REINVESTMENT ZONE NUMBER ONE, CITY OF SOUTHLAKE, TEXAS. Chief Financial Officer Sharen Jackson presented Item 5 and answered questions from the Board. A motion was made to approve the 2020 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Motion: McCaskill Second: Smith Ayes: Patton, Wooten, McCaskill, Smith and Williamson Approved: 5-0 Absent: Talley, Hill, Carlton and Huffman 6. DISCUSSION: TAX INCREMENT REINVESTMENT ZONE NUMBER ONE PROJECT STATUS UPDATE. Chief Financial Officer Sharen Jackson presented Item 6 and answered questions from the Board. Frank Bliss with Cooper & Company and David Cunningham of Granite Properties also provided updates. No action was necessary on this item. 5. ADJOURNMENT The meeting was adjourned by Chairman Chad Patton at 5:18 p.m. TIRZ Meeting Minutes,January 19, 2021 Page 2 MINUTES APPROVED ON THIS, THE Sad- DAY OF 64iiti&tc+ , 20.91 T had Patton, Chairman %•‘‘ VH/A2//,ATTE`� coy. A Amy Sh- • -NI, t MC i t i /� P;_ City Secretary TIRZ Meeting Minutes,January 19, 2021 Page 3