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2006-12-05 . ., .. OFFICIAL RECORD TAX INCREMENT REINVESTMENT ZONE NUMBER ONE CITY OF SOUTHLAKE, TEXAS BOARD OF DIRECTORS MEETING MINUTES December 5, 2006 Location: Council Chambers, 1400 Main Street, Southlake, Texas. Members present: Chairman Virginia M. Muzyka, and members: Laura K. Hill, Carolyn Morris, Jane Sanford, John Terrell, Andy Wambsganss, and Sherrie Williams. Members absent: Vice - Chairman Larry Darlage, and members: Sharon Eaves, Gregory Jones, Vernon Stansell, and Drenda Witt. Staff present: Assistant Finance Director Sharon Guess, Assistant City Manager Jim Blagg, Assistant to the City Manager Ben Thatcher and City Secretary Lori Farwell. Agenda Item No. 1. Call to order. Chairman Muzyka called the meeting to order at 4:04 p.m. Agenda Item No. 2. Consideration: Approval of the minutes from the August 1, 2006, Tax Increment Reinvestment Zone Number One Board of Directors meeting. Motion was made to approve the minutes from the August 1, 2006, Tax Increment Reinvestment Zone Number One Board of Directors meeting as presented. Motion: Terrell Second: Wambsganss Ayes: Hill, Morris, Muzyka, Sanford, Terrell, Wambsganss, Williams Nays: None Approved: 7 -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 2007. Motion was made to recommend Virginia M. Muzyka as the Chair of the Board of Directors for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2007. Motion: Wambsganss Second: Terrell Ayes: Hill, Morris, Muzyka, Sanford, Terrell, Wambsganss, Williams Nays: None Approved: 7 -0 Agenda Item No. 4. Consideration: Election of Vice -Chair for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2007. Motion was made to recommend Larry Darlage as the Vice -Chair of the Board of Directors for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas, for 2007. Motion: Wambsganss Second: Terrell Ayes: Hill, Morris, Muzyka, Sanford, Terrell, Wambsganss, Williams Nays: None TIRZ Board meeting minutes, December 5, 2006, Page 1 of 2 Approved: 7 -0 Agenda Item No. 5. Consideration: Approval of the 2006 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Assistant Finance Director Guess presented this item to the Board. Motion was made to approve the 2006 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Motion: Terrell Second: Wambsganss Ayes: Hill, Morris, Muzyka, Sanford, Terrell, Wambsganss, Williams Nays: None Approved: 7 -0 Agenda Item No. 6. Discussion: Southlake Town Square project status update. Brian Stebbins of Cooper and Stebbins gave a short presentation to the Board and answered questions. Agenda Item No. 7. Adjournment. There being no further business to discuss, the Board adjourned at 4:15 p.m. Virgin 4 M. Muzyka ATTEST: ° ,. ° °lpt1TH,,,,` ° Chairman jaa s a o: • Lori A. Farwell • 10 •.• 4 City Secretary ••••...••••• c' ** * TIRZ Board meeting minutes, December 5, 2006, Page 2 of 2