HomeMy WebLinkAbout2016-01-27 TIRZ #4 Meeting MinutesTAX INCREMENT REINVESTMENT ZONE #4 — MIDTOWN
BOARD OF DIRECTORS
MINUTES
January 27, 2016
The Board of Directors of the Tax Increment Reinvestment Zone #4 — Midtown met on
Wednesday, January 27, 2016, in the Precouncil Conference Room of City Hall in the
Municipal Complex, 201 North Ector Drive, Euless Texas.
The following persons were in attendance:
Mayor Linda Martin, Chair
Mayor Pro Tem Tim Stinneford, Place 1
Council Member Eddie Price, Vice -Chair, Place 3
Council Member Linda Eilenfeldt, Place 4
Precinct 3 Administrator Rebecca Barksdale Tarrant County
Vice Chancellor for Finance Mark McClendon Tarrant County College District
City Manager Loretta Getchell, President
Deputy City Manager Bob Freeman
City Secretary Kim Sutter
City Attorney Wayne Olson
Planning and Economic Development Director Mike Collins
Finance Director Janina Jewell, Treasurer
The following Director was not in attendance:
Vice President, Chief of Staff Scott Rule Tarrant County Hospital
ITEM 1. CALL TO ORDER
Chair Linda Martin called the meeting to order at 6:02 p.m.
ITEM 2. APPROVED MINUTES OF NOVEMBER 30, 2015 MEETING
Director Stinneford made a motion to approve the minutes of the November 30, 2015
meeting. Seconded by Director Eilenfeldt, the motion carried by a unanimous vote.
ITEM 3. APPROVED RESOLUTION NO. 2016-01 TIRZ#4
City Manager Loretta Getchell presented the item to the Board and reviewed the
provisions of the agreement and responded to questions from the Board.
Director Stinneford made a motion to approve Resolution No. 2016-01 TIRZ #4, approving
the Construction, Funding, and Development agreement with the City of Euless, and CADG
901 Airport Freeway, LLC, and approving the dedication and use of revenue in the TIRZ
Fund and Construction Fund to the City of Euless. Seconded by Director Price the motion
carried by a unanimous vote.
TIRZ #4 Minutes Page 2 of 2 January 27, 2016
ITEM 4. EXECUTIVE SESSION
No executive session was held.
A. Seek the advice of its attorneys concerning legal issues associated with any
posted agenda item and that are exempt from public disclosure under Article
X, Section 9 of the Texas State Bar Rules, as authorized by Section 551.071
of the Texas Government Code.
B. Deliberate concerning economic development negotiations as authorized by
Section 551.087 of the Texas Government Code.
ITEM 6. ADJOURNED
There being no further business, the meeting was adjourned at 6:14 p.m.
APPROVED:
6i;n'da Martin, Chair
Mayor
ATTEST:
c,
Ki utter, TRMC
City Secretary