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2007-08-21 TAX INCREMENT REINVESTMENT ZONE NUMBER ONE CITY OF SOUTHLAKE, TEXAS BOARD OF DIRECTORS MEETING MINUTES August 21, 2007 Location: Council Chambers, 1400 Main Street, Southlake, Texas. Members present: Chairman Virginia M. Muzyka, Vice - Chairman Larry Darlage and members: Laura K. Hill, Carolyn Morris, Carolyn Sims, John Terrell, Andy Wambsganss, Robb Welch, and Drenda Witt. Members absent: Members Gregory Jones, Vernon Stansell, and Sherrie Williams. Staff present: Assistant City Manager Jim Blagg, Assistant City Manager Ben Thatcher, Finance Director Sharen Jackson, Intern Lauren Clark, Intern Lauren Lovette and Deputy City Secretary Tara Brooks. Agenda Item No. 1. Call to order. Chairman Muzyka called the meeting to order at 4:37 p.m. Agenda Item No. 2. Consideration: Approval of the minutes from the December 5, 2006, Tax Increment Reinvestment Zone Number One Board of Directors meeting. President Muzyka moved to approve the minutes from the December 5, 2006, Tax Increment Reinvestment Zone Number One Board of Directors meeting as presented, adding under "Staff Present" Assistant to the City Manager Ben Thatcher. Ayes: Darlage, Hill, Morris, Muzyka, Sims, Terrell, Wambsganss, Welch, Witt Nays: None Approved: 9 -0 Agenda Item No. 3. Discussion: Proposed Fiscal Year 2008 Tax Increment Reinvestment Zone Number One Budget Overview. Director Jackson presented this item to the Board. President Muzyka welcomed new board members, Carolyn Sims and Rob Welch. Agenda Item No. 4. Discussion: Briefing on Southlake Town Square projects. Town Square developer Brain Stebbins presented this item to the Board. Agenda Item No. 5. Adjournment. There being no further business to discuss, President Muzyka adjourned the meeting at 4:45 p.m. • 10,27 Virg' a M. Muzyka ATTEST: Chairman ho ?&yito Tara Brooks Deputy City Secretary TIRZ Board meeting minutes, August 21, 2007