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2010-12-07 TAX INCREMENT REINVESTMENT ZONE NUMBER ONE CITY OF SOUTHLAKE, TEXAS BOARD OF DIRECTORS MEETING MINUTES December 7, 2010 Location: Council Chambers, 1400 Main Street, Southlake, Texas. Members present: Vice - Chairman Larry Darlage, and members: Brandon Bledsoe, Carolyn Morris (arrived at 5:08 p.m.), Pamela A. Muller, Carolyn Sims, John Terrell, Jeff Wang, Robb Welch, Sherrie Williams, and Al Zito. Members absent: Members Laura K. Hill and Drenda Witt. Staff present: Assistant City Manager Ben Thatcher, Assistant to the City Manager Alison Ortowski, Director of Finance Sharen Jackson, and City Secretary Lori Payne. Agenda Item No. 1. Call to order. Vice - Chairman Darlage called the meeting to order at 5:03 p.m. Agenda Item No. 2. Approval of the minutes from the August 3, 2010 Tax Increment Reinvestment Zone Number One Board of Directors meeting. A formal presentation was not made on this item. Motion was made to approve the minutes from the August 3, 2010 Tax Increment Reinvestment Zone Number One Board of Directors meeting. Motion: Terrell Second: Bledsoe Ayes: Bledsoe, Darlage, Muller, Sims, Terrell, Wang, Welch, Williams, Zito Nays: None Approved: 9 -0 Agenda Item No. 3. 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 2011. Vice - Chairman Darlage asked for nominations for Chair of the Board of Directors. Motion was made to recommend the nomination of Larry Darlage as Chair of the Board of Directors for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas for 2011. Motion: Sims Second: Terrell Assistant to the City Manager Ortowski stated that the Bylaws require the Chair to be a City Council member. Chairman Darlage asked for another motion for a recommendation for nomination. Unofficial TIRZ Board meeting minutes, December 7, 2010 Motion was made to recommend the nomination of Brandon Bledsoe as Chair of the Board of Directors for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas for 2011. Motion: Terrell Second: Zito Ayes: Bledsoe, Darlage, Muller, Sims, Terrell, Wang, Welch, Williams, Zito Nays: None Approved: 9 -0 Agenda Item No. 4. Election of Vice -Chair for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas for 2011. Vice - Chairman Darlage asked for nominations for Vice -Chair of the Board of Directors. Motion was made to elect Larry Darlage as Vice -Chair of the Tax Increment Reinvestment Zone Number One, City of Southlake, Texas for 2011. Motion: Sims Second: Terrell Ayes: Bledsoe, Muller, Sims, Terrell, Wang, Welch, Williams, Zito Nays: None Abstain: Darlage Approved: 8 -0 -1 Board member Morris arrived at 5:08 p.m. Agenda Item No. 5. Approval of the 2010 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Director Jackson presented this report to the Board and answered questions. Motion was made to approve the 2010 Annual Report for Tax Increment Reinvestment Zone Number One, City of Southlake, Texas. Motion: Terrell Second: Bledsoe Ayes: Bledsoe, Darlage, Morris, Muller, Sims, Terrell, Wang, Welch, Williams, Zito Nays: None Approved: 10 -0 Agenda Item No. 6. 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. Agenda Item No. 7. Adjournment. There being no further business to discuss, Vice - Chairman Darlage adjourned the meeting at 5:14 p.m. Unofficial TIRZ Board meeting minutes, December 7, 2010 i Larry D-, I.ge Vice -C airman ttt tttttttttt ' ATTEST: u t ka:Pare--- iq -k 1VE $ 4 C ; • ' �, Lori Payne : r City Secretary •'�� Unofficial TIRZ Board meeting minutes, December 7, 2010