2004-08-03 TIRZ Meeting TAX INCREMENT REINVESTMENT ZONE NUMBER ONE
CITY OF SOUTHLAKE
BOARD OF DIRECTORS MEETING
LOCATION: To Hall — City Council Chambers
1400 Main Street, Southlake, Texas 76092
DATE AND TIME: Tuesday, August 3, 2004 — 4:30 p.m.
AGENDA:
1. Call to Order.
2. Consideration: Approval of the Minutes from the December 16, 2003 Tax
Increment Reinvestment Zone Number One Board of Directors
Meeting.
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 the remainder of the unexpired term.
4. Consideration: Fiscal Year 2004 -05 Budget Overview for Tax Increment
Reinvestment Zone Number One, City of Southlake, Texas.
5. Discussion: Southlake Town Square Project Status Update.
6. Adjournment.
CERTIFICATE
I hereby certify that the above agenda was posted on the official bulletin boards at Town Hall,
1400 Main Street, Southlake, Texas on Friday, July 30, 2004 at 6:00 p.m., pursuant to the Texas
Government Code, Chapter 551.
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Lori A. Farwell, City Secretary T. =e co
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If you plan to attend this public meeting and have a disability that requires special needs,
please advise the City Secretary 48 hours in advance at (817) 481 -1490, and reasonable
accommodations will be made to assist you.
TAX INCREMENT REINVESTMENT ZONE NUMBER ONE
CITY OF SOUTHLAKE, TEXAS
BOARD OF DIRECTORS MEETING
MINUTES
August 3, 2004
Location: Council Chambers, 1400 Main Street, Southlake, Texas.
Members Present: Vice -Chair Larry Darlage, Members: Andy Wambsganss, Virginia M.
Muzyka, Gregory Jones, Sharon Eaves, Carolyn Morris, Keith Shankland.
Members Absent: Drenda Witt, John Terrell, Jane Sanford.
Staff Present: Finance Director Sharen Elam, Assistant to the City Manager John Eaglen,
Director of Economic Development Greg Last, Deputy City Secretary Tara A. Brooks.
Agenda Item No. 1. Call to Order. Vice -Chair Darlage called the meeting to order at 4:35 p.m.
Agenda Item No. 2. Approval of the minutes from the December 16, 2003, Tax Increment
Reinvestment Zone Number One Board of Directors meeting.
Motion was made to approve the minutes for December 16, 2003, as presented.
Motion: Wambsganss
Second: Shankland
Ayes: Darlage, Eaves, Jones, Morris, Muzyka, Shankland, Wambsganss
Nays: None
Approved: 7 -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 the remainder of the unexpired term.
Motion was made to nominate Keith Shankland for Chair of the Tax Increment Reinvestment
Zone Number One, City of Southlake, Texas, for the remainder of the unexpired term.
Motion: Wambsganss
Second: Jones
Ayes: Darlage, Eaves, Jones, Morris, Muzyka, Shankland, Wambsganss
Nays: None
Approved: 7 -0
Agenda Item No. 4. Fiscal Year 2004 -05 Budget Overview for Tax Increment Reinvestment
Zone Number One, City of Southlake, Texas. Director Elam presented this item to the Board.
Motion was made to approve Fiscal Year 2004 -05 Tax Increment Reinvestment Zone Number
One budget.
Motion: Wambsganss
Second: Morris
TIRZ Board Meeting Minutes, August 3, 2004, Page 1 of 2
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Ayes: Darlage, Eaves, Jones, Morris, Muzyka, Shankland, Wambsganss
Nays: None
Approved: 7 -0
Agenda Item No. 5. 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. 6. Adjournment. There being no further business to discuss, the Board
adjourned at 5:12 p.m.
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Keith Shankland
ATTEST: Chair
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Tara A. Brooks
Deputy City Secretary
TIRZ Board Meeting Minutes, August 3, 2004, Page 2 of 2