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2005-12-06 , TAX INCREMENT REINVESTMENT ZONE NUMBER ONE CITY OF SOUTHLAKE, TEXAS BOARD OF DIRECTORS MEETING MINUTES December 6, 2005 Location: Council Chambers, 1400 Main Street, Southlake, Texas. Members present: Chairman Keith Shankland, Vice - Chairman Larry Darlage; Members: Sharon Eaves, Carolyn Morris, Virginia M. Muzyka, Jane Sanford, Andy Wambsganss, Sherrie Williams, and Drenda Witt. Members absent: Laura K. Hill, Gregory Jones, and John Terrell. Staff present: Assistant City Manager Jim Blagg, Finance Director Sharen Jackson, Assistant to the City Manager Ben Thatcher, Community Services Director Steve Polasek, Deputy City Secretary Tara Brooks, and City Secretary Lori Farwell. Agenda Item No. 1. Call to order. Vice - Chairman Darlage called the meeting to order at 4:38 p.m. Agenda Item No. 2. Consideration: Approval of the minutes from the August 16, 2005, Tax Increment Reinvestment Zone Number One Board of Directors meeting. Motion was made to approve the minutes from the May 3, 2005, Tax Increment Reinvestment Zone Number One Board of Directors meeting as presented. Motion: Sanford Second: Witt Ayes: Darlage, Eaves, Morris, Muzyka, Sanford, Shankland, Wambsganss, Williams, Witt Nays: None Approved: 9 -0 Agenda Item No. 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 2006. Motion was made to recommend Keith Shankland as the Chair of the Board of Directors for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2006. Motion: Wambsganss Second: Morris Ayes: Darlage, Eaves, Morris, Muzyka, Sanford, Shankland, Wambsganss, Williams, Witt Nays: None Approved: 9 -0 Agenda Item No. 4. Consideration: Election of Vice -Chair for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2006. Motion was made to elect Larry Darlage as Vice -Chair of the Board of Directors for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2006. TIRZ Board Meeting Minutes, December 6, 2005, Page 1 of 2 Motion: Wambsganss Second: Morris Ayes: Darlage, Eaves, Morris, Muzyka, Sanford, Shankland, Wambsganss, Williams, Witt Nays: None Approved: 9 -0 Agenda Item No. 5. Consideration: Approval of the 2005 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Finance Director Sharen Jackson presented this item to the Board. Motion was made to approve the 2005 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Motion: Witt Second: Wambsganss Ayes: Darlage, Eaves, Morris, Muzyka, Sanford, Shankland, Wambsganss, Williams, Witt Nays: None Approved: 9 -0 Agenda Item No. 6. Discussion: Board of Directors meeting schedule for 2006. The Board set the meeting dates as the first Tuesday in August and the first Tuesday in December. Agenda Item No. 7. Discussion: 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 4:54 p.m. Keith Shankland ATTEST: T. p���Htq , 1•, Chairman /; r f p 4 friAyel2Q ' ; ®� CJ ��S •�a f G Lori A. Farwell ° : U ' City Secretary % • " ° °ePP. *,t %• % %% TIRZ Board Meeting Minutes, December 6, 2005, Page 2 of 2