2004-12-07 .• _
OFFICIAL RECORD
TAX INCREMENT REINVESTMENT ZONE NUMBER ONE
CITY OF SOUTHLAKE, TEXAS
BOARD OF DIRECTORS MEETING
MINUTES
December 7, 2004
Location: Council Chambers, 1400 Main Street, Southlake, Texas.
Members Present: Chair Keith Shankland, Vice -Chair Larry Darlage (arrived at 5:08 p.m.),
Members: Andy Wambsganss, Virginia M. Muzyka, Sharon Eaves, John Terrell, Drenda Witt,
Jane Sanford and John Nussrallah (arrived at 5:03 p.m.).
Members Absent: Gregory Jones and Carolyn Morris.
Staff Present: Assistant City Manager Shana Yelverton, Finance Director Sharen Elam,
Assistant to the City Manager Ben Thatcher, Information Systems Technician Sam Cobb,
Deputy Director of Community Services Steve Polasek, Deputy City Secretary Tara Brooks, and
City Secretary Lori Farwell.
Agenda Item No. 1. Call to Order. Chair Shankland called the meeting to order at 5:00 p.m.
Agenda Item No. 2. Approval of the minutes from the August 3, 2004, Tax Increment
Reinvestment Zone Number One Board of Directors meeting.
Motion was made to approve the minutes for August 3, 2004, as presented.
Motion: Wambsganss
Second: Sanford
Ayes: Eaves, Hill, Muzyka, Sanford, Shankland, Terrell, Wambsganss, Witt
Nays: None
Approved: 8 -0
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 2005.
Motion was made to nominate Keith Shankland for Chair of the Tax Increment Reinvestment
Zone Number One, City of Southlake, Texas, for 2005.
Motion: Wambsganss
Second: Terrell
Ayes: Eaves, Hill, Muzyka, Sanford, Shankland, Terrell, Wambsganss, Witt
Nays: None
Approved: 8 -0
Agenda Item No. 4. Election of Vice -Chair for Tax Increment Reinvestment Zone Number
One, City of Southlake, Texas, for 2005.
Motion was made to nominate Larry Darlage for Vice -Chair of the Tax Increment Reinvestment
Zone Number One, City of Southlake, Texas, for 2005.
TIRZ Board Meeting Minutes, December 7, 2004, Page 1 of 2
Motion: Wambsganss
Second: Sanford
Ayes: Eaves, Hill, Muzyka, Sanford, Shankland, Terrell, Wambsganss, Witt
Nays: None
Approved: 8 -0
Agenda Item No. 5. Approval of the 2004 Annual Report for Tax Increment Reinvestment
Zone Number One, City of Southlake, Texas. Director Elam presented this item to the Board.
Motion was made to approve the 2004 Annual Report for Tax Increment Reinvestment Zone
Number One, City of Southlake, Texas.
Motion: Wambsganss
Second: Terrell
Ayes: Eaves, Hill, Muzyka, Nussrallah, Sanford, Shankland, Terrell, Wambsganss, Witt
Nays: None
Approved: 9 -0
Agenda Item No. 6. Board of Directors meeting schedule for 2005. The Board took no action
on this item.
Agenda Item No. 7. 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. 8. Adjournment. There being no further business to discuss, the Board
adjourned at 5:16 p.m.
1 dloZ.,....—
o` ,,,,tot,tt, ttt Keith Shankland
ATTEST: ,,s' ° r ONYt. 1/ ,,,, Chair
I
1 sirf % :
co
Lori A. Farwell
City Secretary •�. .
1 j °°°11111 ► 1•••
TIRZ Board Meeting Minutes, December 7, 2004, Page 2 of 2