2003-12-16 TAX INCREMENT REINVESTMENT ZONE NUMBER ONE
CITY OF SOUTHLAKE, TEXAS
BOARD OF DIRECTORS MEETING
MINUTES
December 16, 2003
Location: Council Chambers, 1400 Main Street, Southlake, Texas.
Members Present: Chair W. Ralph Evans (arrived at 4:53 p.m.), Vice -Chair Larry Darlage,
Members: Dale Crane, Rex Potter, Greg Standerfer, Tom Stephen, Andy Wambsganss, and
Drenda Witt.
Members Absent: Carolyn Morris, Jane Sanford, Jim Schiele, and Keith Shankland.
Staff Present: Finance Director Sharen Elam, Assistant to the City Manager John Eaglen,
Executive Secretary Kim Bush, City Secretary Lori Farwell.
Agenda Item No. 1. Call to Order. Vice -Chair Darlage called the meeting to order at 4:49 p.m.
Agenda Item No. 2. Approval of the minutes from the August 19, 2003, Tax Increment
Reinvestment Zone Number One Board of Directors meeting.
Motion was made to approve the minutes for August 19, 2003, as presented.
Motion: Potter
Second: Crane
Ayes: Potter, Wambsganss, Darlage, Crane, Stephen, Witt
Nays: None
Abstain: Standerfer
Approved: 6 -0 -1
Agenda Item No. 3. Approval of recommendation to the City Council for the appointment
of the Chair for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas
for 2004.
Motion was made to nominate Rex Potter for Chair of the Tax Increment Reinvestment Zone
Number One, City of Southlake, Texas, for 2004.
Motion: Wambsganss
Second: Standerfer
Ayes: Potter, Standerfer, Wambsganss, Darlage, Crane, Stephen, Witt
Nays: None
Approved: 7 -0
Agenda Item No. 4. Election of a Vice -Chair for Tax Increment Reinvestment Zone
Number One, City of Southlake, Texas, for 2004.
Motion was made to nominate Larry Darlage for Vice -Chair of the Tax Increment Reinvestment
Zone Number One, City of Southlake, Texas, for 2004.
Motion: Wambsganss
TIRZ Board Meeting Minutes, December 16, 2003, Page 1 of 3
Second: Standerfer
Ayes: Potter, Standerfer, Wambsganss, Darlage, Crane, Stephen, Witt
Nays: None
Approved: 7 -0
Agenda Item No. 5. Approval of the 2003 Annual Report for Tax Increment Reinvestment
Zone Number One, City of Southlake, Texas. Director of Finance Sharen Elam presented this
item to the Board of Directors.
Chair Evans arrived at 4:53 p.m.
Motion was made to approve the 2003 Annual Report for Tax Increment Reinvestment Zone
Number One, City of Southlake, Texas.
Motion: Potter
Second: Darlage
Ayes: Potter, Standerfer, Wambsganss, Evans, Darlage, Crane, Stephen, Witt
Nays: None
Approved: 8 -0
Agenda Item No. 6. Approval of Resolution No. 03- 001- TIRZ1, amending the Bylaws of
Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, Article II,
Section 3: Regular Meetings; and Article II, Section 6: Conduct of Business. Assistant to the
City Manager John Eaglen presented this item to the Board of Directors.
Motion was made to approve Resolution No. 03- 001- TIRZ1, amending the Bylaws of Tax
Increment Reinvestment Zone Number One, City of Southlake, Texas, Article II, Section 3:
Regular Meetings; and Article II, Section 6: Conduct of Business.
Motion: Potter
Second: Standerfer
Ayes: Potter, Standerfer, Wambsganss, Evans, Darlage, Crane, Stephen, Witt
Nays: None
Approved: 8 -0
Agenda Item No. 7. Board of Directors meeting schedule for 2004. Assistant to the City
Manager John Eaglen presented this item to the Board of Directors. The proposed dates are June
1, August 6, and December 7, 2004.
Motion was made to approve the meeting schedule for 2004.
Motion: Standerfer
Second: Darlage
Ayes: Potter, Standerfer, Wambsganss, Evans, Darlage, Crane, Stephen, Witt
Nays: None
Approved: 8 -0
TIRZ Board Meeting Minutes, December 16, 2003, Page 2 of 3
Agenda Item No. 8. Southlake Town Square project status update. Brian Stebbins of Cooper
and Stebbins made a brief presentation to the Board and updated them regarding the
development of Town Square.
Agenda Item No. 9. Adjournment. There being no further business to discuss, the Board
adjourned at 5:16 p.m.
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Lori A. Farwell - �
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City Secretary
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TIRZ Board Meeting Minutes, December 16, 2003, Page 3 of 3