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Home My WebLink About2016-05-17 CITY OF EULESS CAPITAL IMPROVEMENTS ADVISORY COMMITTEE MAY 17, 2016 MINUTES A called meeting of the Capital Improvements Advisory Committee was called to order at 7:37 p.m. on May 17, 2016 for consideration of scheduled items in Council Chambers in City Hall of the Municipal Complex. Those present included Chairman Richard McNeese, and Commission Members: Eric Owens, Kenny Olmstead, Ronald Dunckel, and Steve Ellis. Vice Chairman LuAnn Portugal and Commissioner Brown were not in attendance. Chairman Richard McNeese stated there was a quorum of members of the Capital Improvements Advisory Committee present. STAFF PRESENT: Mike Collins, Director of Planning and Economic Development Paul Smith, Fire Marshal Stephen Cook, Senior Planner Mollie Snapp, Administrative Secretary Michele Crooks, Development Secretary VISITORS: There were no visitors. ITEM 1. CONSIDERED APPROVAL OF CIAC MINUTES Committee Member Dunckel made a motion to approve the minutes for the called meeting of February, 2015. Committee Member Olmstead seconded the motion. The vote was as follows: Ayes: Chairman McNeese, Committee Members: Olmstead, Dunckel, Ellis, and Owens. Nays: None. Abstention: None. Chairman McNeese declared the motion carried. (5-0-0) ITEM 2. CASE NO. 16-02-CIAC — CONSIDERED RESOLUTION NO. 16-02-CIAC Senior Planner Cook gave a brief description of the case. The City Council appointed the Planning and Zoning Commission to serve as the Capital Improvements Advisory Committee (CIAC). Section 395.058 of the Local Government Code established this advisory committee to file semi-annual reports Capital Improvements Advisory Committee Minutes, May 17, 2016 Page 2 of 2 with respect to the progress of the capital improvements plan and report to the City Council any perceived inequities in implementing the plan or imposing the impact fee. Attached to the Committee's backup was Resolution No. 16-02-CIAC conveying the Semi-Annual report for the period of October 1, 2015 through March 31, 2016 (Exhibit A). During this period, impact fees totaling $182,586.00 were allocated for the following: Water Tower Debt Payment (Project WT0101) for$122,742.00; and Reclaimed Water Line Extension Debt Payment (Project WT1403) for$59,844.00. The amount of funds available in the Water Impact Fee Fund as of March 31, 2016 is $1,469,653.00. A portion totaling $1,444,064.00 is invested in interest bearing accounts with $444,064 available immediately and the remainder available within 14 months. The amount of funds available in the Wastewater Impact Fee Fund as of March 31, 2016 is $540,689.00. A portion totaling $502,021 was invested in interest bearing accounts and was available immediately. There were no questions or comments presented by the Committee. Committee Member Olmstead made a motion to approve case no. 16-02-CIAC to approve a resolution to adopt the Capital Improvements Advisory Committee Semi-Annual Report for the period of October 1, 2015 through March 31, 2016. Committee Member Dunckel seconded the motion. The vote was as follows: Ayes: Chairman McNeese, Committee Members: Olmstead, Dunckel, Ellis, and Owens. Nays: None Abstention: None Chairman McNeese declared the motion carried. (5-0-0) ITEM 3. ADJOURN There being no further business, the meeting was adjourned at 7:40 p.m. Las.;gefali* 0.7 Z�p7 C air n Richard Date RESOLUTION IS NOT ATTACHED AS STATED IN MINUTES. THE RESOLUTION AS REFERENCED, CAN BE FOUND IN CIAC RESOLUTION FOLDER AND LINKED TO THIS DOCUMENT.