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2022-01-04 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 4, 2022 — 5:00 p.m. AGENDA: 1. Call to Order 2. Consideration: Approval of the minutes from the August 3, 2021, 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 2022. 4. Consideration: Election of Vice -Chair for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2022. 5. Consideration: Approval of the 2021 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 Hall, 1400 Main Street, Southlake, Texas on Friday, December 31, 2021, by 6:00 p.m., ursuant to the Texa�,G 'yq r�i jnt Code, Chapter 551. Amy Shelley, T City Secretary If you plan to attend" s pu4)tp-wqq ng and have a disability that requires special needs, please advise the City Ndretakq 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 4, 2022 LOCATION: Southlake Town Hall, City Council Chambers 1400 Main Street, Southlake, Texas 76092 MEMBERS PRESENT: Chairman Chad Patton, and members Todd Carlton, John Huffman, Amy Torres-Lepp, Randy Robbins, Ronell Smith, Kathy Talley, and Randy Williamson MEMBERS ABSENT: William Wooten STAFF PRESENT: Chief Financial Officer Sharen Jackson, Director of Economic Development & Tourism Daniel Cortez, 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 3, 2021 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 3, 2021 Tax Increment Reinvestment Zone Number One Board of Directors meeting. Motion: Patton Second: Smith Ayes: Carlton, Patton, Robbins, Smith, Talley, Torres-Lepp and Williamson Abstain: Huffman Absent: Wooten Approved: 7-0 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 2022. Chairman Chad Patton presented Item 3 and answered questions from the Board. A motion was made to appoint Randy Williamson to Chair of the Tax Increment Reinvestment Zone Number One Board of Directors for 2022. Motion: Patton Second: Smith Ayes: Carlton, Huffman, Patton, Robbins, Smith, Talley, Torres-Lepp and Williamson Absent: Wooten Approved: 8-0 TIRZ Meeting Minutes,January 4, 2022 Page 1 4. CONSIDERATION: ELECTION OF VICE-CHAIR FOR TAX INCREMENT REINVESTMENT ZONE NUMBER ONE, CITY OF SOUTHLAKE, TEXAS, FOR 2022. Chairman Chad Patton presented Item 4 and answered questions from the Board. A motion was made to appoint Amy Torres-Lepp to Vice-Chair of the Tax Increment Reinvestment Zone Number One Board of Directors for 2022. Motion: Patton Second: Smith Ayes: Carlton, Huffman, Patton, Robbins, Smith, Talley, Torres-Lepp and Williamson Absent: Wooten Approved: 8-0 5. CONSIDERATION: APPROVAL OF THE 2021 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 2021 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Motion: Williamson Second: Smith Ayes: Carlton, Huffman, Patton, Robbins, Smith, Talley, Torres-Lepp and Williamson Absent: Wooten Approved: 8-0 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 Ayer of Kite Realty also provided updates. No action was necessary on this item. 7. ADJOURNMENT The meeting was adjourned at 5:15pm. MINUTES APPROVED ON THIS, THE . DAY OF (tSi 2022. I , I - ``‘‘ k HLq �i,� Randy Williamson, Chairman ATTEST: �� O �� \ • Amy �-II--, TitAG; / r City Secretary ., • �•` **4( ,0\•-• 1111 TIRZ Meeting Minutes,January 4, 2022 Page 2