HomeMy WebLinkAbout2003-07-22 , AGENDA
CITY OF GRAPEVINE, TEXAS
TAX INCREMENT FINANCING DISTRICT
REINVESTMENT ZONE NUMBER ONE
BOARD OF DIRECTORS MEETING
TUESDAY, JULY 22, 2003 AT 3:00 P.M.
CITY MANAGER'S CONFERENCE ROOM
200 SOUTH MAIN
GRAPEVINE, TEXAS
CALL TO ORDER
NEW BUSINESS
1. Board of Directors to receive an update on status of Tax Increment Financing
District#1.
2. Board of Directors to consider amending Finance Plan and Project Plan and
take any necessary action.
ADJOURNMENT
If you plan to attend this public meeting and you have a disability that requires
special arrangements at the meeting, please contact the City Secretary's Office
at 817-410-3182 at least 24 hours in advance of the meeting. Reasonable
accommodations will be made to assist your needs.
In accordance with Texas Government Code, Chapter 551.001 et seq, Acts of
the 1993 Texas Legislature, The Tax Increment Reinvestment District Number
� One Board of Directors Meeting Agenda was prepared and posted on this the
16th day of July 2003 at 5:00 p.m.
. �
Linda Huff
City Secretary
STATE OF TEXAS
COUNTY OF TARRANT
CITY OF GRAPEVINE
The Tax Increment Finance District Reinvestment Zone Number One Board of Directors
met on this the 22nd day of July, 2003 at 3:00 p.m. in the City Manager's Conference
Room, Second Floor, 200 South Main Street, with the following members present to-wit:
William D. Tate Chairman/GrapevineMayor
Ted R. Ware Mayor Pro Tem
C. Shane Wilbanks Council Member
Clydene Johnson Council Member
Roy Stewart Council Member
Jane Sanford Tarrant County
Paula Zalucki Tarrant County Hospital District
Fiona Sigalla Grapevine-Colleyville Independent
School District
constituting a quorum, with the following members of the City Staff:
Roger Nelson City Manager
Bruno Rumbelow Assistant City Manager
� Jodi C. Brown Assistant City Secretary
�.'KLL TO GR�ER
Chuirrrar� Tat� �alled the meeting to order at 3:07 p.m.
ITEM 1. U�'DATE ON TAX INCREMENT FINANCING DISTRICT NUMBER ONE
Gi.ty Man��er Roger Nelson gave an update on the status of Tax Increment Financing
District Number One. Mr. Nelson stated the annual audit had been performed and TIF
District Number One was in good standing.
No action was taken by the Board.
ITEM 2. AMEND FINANCE PLAN AND PROJECT PLAN
Roger Nelson reviewed a proposal to fund a recreation facility at Grapevine Mills Mall
through possible amendments to the Finance Plan and Project Plan.
Jane Sanford stated she supported the project but would have to abstain from voting due
to a conflict in Tarrant County's guidelines for TIF participation. Paula Zalucki also stated
due to the County's guidelines she would also have to abstain from voting.
07/22/03
A motion to amend the Finance Plan and Project Plan was offered by Roy Stewart then
withdrawn.
Roy Stewart made a motion to use up to $400,000.00 in undesignated fund balance
interest income to fund a recreation facility in TIF District #1. Ted Ware seconded the
motion, which prevailed by the following vote:
Ayes : Tate, Ware, Wilbanks, Johnson, Stewart & Sigalla
Nays : None
Abstain: Sanford & Zalucki
ADJOURNMENT
C. Shane Wilbanks, seconded by Ted Ware, offered a motion to adjourn the meeting at
4:05 p.m. The motion prevailed by the following vote:
Ayes: Tate, Ware, Wilbanks, Johnson, Stewart, Sanford, Zalucki & Sigalla
Nays: None
PASSED AND APPROVED BY THE TIF BOARD OF THE CITY OF GRAPEVINE,TEXAS
on this the 8th day of September, 2009.
APPROVED:
��a�.1�'�. —
William D. Tate
ATTEST: Chairman/Mayor
r
Linda Huff
City Secretary