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2011-08-01 TAX INCREMENT REINVESTMENT ZONE NUMBER ONE CITY OF SOUTHLAKE, TEXAS BOARD OF DIRECTORS MEETING MINUTES August 1, 2011 Location: Council Chambers, 1400 Main Street, Southlake, Texas. Members present: Chairman Brandon Bledsoe, Vice - Chairman Larry Darlage, and members: Carolyn Morris (arrived at 5:07 p.m.), Pamela A. Muller, Carolyn Sims, John Terrell, Jeff Wang, Robb Welch, Sherrie Williams, Drenda Witt and Al Zito. Members absent: None. Staff present: Assistant City Manager Ben Thatcher, Assistant to the City Manager Alison Ortowski, Director of Finance Sharen Jackson, and City Secretary Alicia Richardson. 1. Call to order. Chairman Bledsoe called the meeting to order at 5:03 p.m. 2. Approval of the minutes from the December 7, 2010 Tax Increment Reinvestment Zone Number One Board of Directors meeting. APPROVED Motion was made to approve the minutes from the December 7, 2010 Tax Increment Reinvestment Zone Number One Board of Directors meeting. Motion: Darlage Second: Terrell Ayes: Bledsoe, Darlage, Muller, Sims, Terrell, Wang, Welch, Williams, Witt, Zito Nays: None Approved: 10 -0 Chairman Bledsoe announced that the Board would move to Item 4. 4. Briefing on Southlake Town Square projects. Southlake Town Square representative, Frank Bliss, 1008 Quail Run, Southlake, Texas updated the Board on projects and plans for Southlake Town Square. No action was taken. Board member Morris arrived at 5:07 p.m. Chairman Bledsoe moved to Item 3. Tax Increment Reinvestment Zone Number One Board minutes, August 1, 2011 3. Proposed Fiscal Year 2012 Tax Increment Reinvestment Zone Number One budget overview and revised budget figures for fiscal year 2011. Finance Director Sharen Jackson presented the budget overview and was available to answer questions. The Board had no questions for Ms. Jackson. 4. Briefing on Southlake Town Square projects. This item was discussed earlier in the meeting. 5. Adjournment. There being no further business to discuss, Chairman Bledsoe adjourned the meeting at 5:23 p.m. Brandon Bledsoe Chairman ATTEST: Alicia Richardson City Secretary Tax Increment Reinvestment Zone Number One Board minutes, August 1, 2011