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2023-02-07 TIRZ Minutes TAX INCREMENT REINVESTMENT ZONE NUMBER ONE BOARD OF DIRECTORS MEETING MINUTES FEBRUARY 7, 2023 LOCATION: Southlake Town Hall, City Council Chambers 1400 Main Street, Southlake, Texas 76092 MEMBERS PRESENT: Chair Randy Williamson, Vice Chair Amy Torres-Lepp, and members John Huffman, Ronell Smith, Shawn McCaskill, Randy Robbins, Kathy Talley, Cameron Bryan, and David Johnson. MEMBER ABSENT: Shawn McCaskill 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 Chair Randy Williamson at 5:00pm. 2. CONSIDERATION: APPROVAL OF THE MINUTES FROM THE AUGUST 2, 2022 TAX INCREMENT REINVESTMENT ZONE NUMBER ONE BOARD OF DIRECTORS MEETING. A motion was made to approve the minutes from the August 2, 2022 Tax Increment Reinvestment Zone Number One Board of Directors meeting. Motion: Torres-Lepp Second: Smith Ayes: Williamson, Torres-Lepp, Huffman, Smith, Robbins, Talley, Bryan Nay: None Non-voting: Johnson Absent: McCaskill 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 2023. A motion was made to appoint Randy Williamson to Chair of the Tax Increment Reinvestment Zone Number One Board of Directors for 2023. Motion: Torres-Lepp Second: Smith Ayes: Williamson, Torres-Lepp, Huffman, Smith, Robbins, Talley, Bryan Nay: None Non-voting: Johnson Absent: McCaskill Approved: 7-0 TIRZ Meeting Minutes, February 7, 2023 Page 1 4. CONSIDERATION: ELECTION OF VICE-CHAIR FOR TAX INCREMENT REINVESTMENT ZONE NUMBER ONE, CITY OF SOUTHLAKE, TEXAS, FOR 2023. A motion was made to appoint Amy Torres-Lepp to Vice-Chair of the Tax Increment Reinvestment Zone Number One Board of Directors for 2023. Motion: Torres-Lepp Second: Smith Ayes: Williamson, Torres-Lepp, Huffman, Smith, Robbins, Talley, Bryan Nay: None Non-voting: Johnson Absent: McCaskill Approved: 7-0 Member Shawn McCaskill joined the meeting at 5:05 p.m. 5. CONSIDERATION: APPROVAL OF THE 2022 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 202 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Motion: Torres-Lepp Second: Smith Ayes: Williamson, Torres-Lepp, Huffman, Smith, McCaskill, Robbins, Talley, Bryan Nay: None Non-voting: Johnson 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 5:24pm.MINUTES APPROVED ON THIS, THE r— DAY OFVl '1L 2023. db- e.'. •r. ;9� Ran y Williamson, Chairman TEST: • fit,v l A tfkl el TRMGi �'•* Ci wTcretary 4**S TIRZ Meeting Minutes, February 7, 2023 Page 2