HomeMy WebLinkAboutCity Council-Minutes-1/9/2002
City of
Texas
AGENDA
COLLEYVILLE CITY COUNCIL
AND
TAX INCREMENT FINANCING DISTRICT BOARD
WORKSESSION
January 9, 2002
6:00 p.m.
Colleyville City Hall
5400 Bransford Road
I. Opening Remarks and Introductions
II. Review of Tax Reinvestment Zone #1 and Capital Improvement Program
III. Discussion and Consideration of Proposed Modfications of the Tax
Increment Financing (TIF) District Project Plan (Capital Improvement
Program)
IV. Review and Discussion of Scheduled Meetings for the TIF District Board
of Directors
V. Adjournment
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I certify that the above notice was posted on the Bulletin Board at City Hall on
Wednesday, January 2, 2002, at 4:00 p.m.
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City Secretary
P.O. BOX 185 COLLEYVILLE, TEXAS 76034 (817) 577-7575
MINUTES OF THE
COLLEYVILLE CITY COUNCIL
TAX INCREMENT FINANCING DISTRICT BOARD OF DIRECTORS
WORKSESSION
January 9, 2002
The Colleyville City Council and Tax Increment Financing District Board of Directors
Worksession was called to order by Mayor Arp on January 9,2002, at 6:10 p.m.
ROLL CALL:
Directors Jane Sanford, Jim Hamilton, Larry Darlage, Mike Taylor and
Drenda Witt were present. Councilpersons Brad Rice, Joe Hocutt,
Dana Feldman, Ginny Tigue and Richard Newton were present.
Mayor Donna Arp, City Manager Bill Lindley, Deputy City Manager
Dianne McWethy, Administrative Assistant Cindy Martin, Finance
Director Terry Leake and Economic Development Manager Mike
Soab were also present.
Jim Sabonis, First Southwest Company and Commissioner Glen
Whitley, Precinct 3, Tarrant County also attended.
I. OPENING REMARKS AND INTRODUCTIONS
Mayor Donna Arp opened the meeting and welcomed the TIF Directors to the
meeting.
II. REVIEW OF TAX REINVESTMENT ZONE #1 AND CAPITAL IMPROVEMENT
PROGRAM
Jim Sabonis of First Southwest Company presented an overview of the Tax
Reinvestment Zone #1 and the Capital Improvement Program. A general
discussion followed.
III. DISCUSSION AND CONSIDERATION OF PROPOSED MODIFICATIONS OF THE
TAX INCREMENT FINANCING (TIF) DISTRICT PROJECT PLAN (CAPITAL
IMPROVEMENT PROGRAM)
Jim Sabonis of First Southwest Company presented modifications of the Tax
Increment Financing District project plan. The modifications include reallocating
$1,493,500 for the Fire Station to the re-alignment of John McCain Road and the
extension of Church Street. A general discussion followed.
TIF MINUTES
JANUARY 9,2002
IV. REVIEW AND DISCUSSION OF SCHEDULED MEETINGS FOR THE TIF
DISTRICT BOARD OF DIRECTORS
Jim Sabonis of First Southwest Company reported that the next meeting of the Tax
Increment Financing District Board of Directors would be held January 22,2002, at
6:30 p.m., at the Colleyville City Hall in the Council Chambers.
V. AJOURNMENT
Mayor Arp adjourned the meeting at 6:45 p.m. on January 9,2002.
APPROVEDTHIS ot:l""'DAYOF ~
AYES, 0 NAYS, AND 0 STENTION.
, 2002, BY A VOTE OF 9
Minutes taken and prepared by:
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Dianne McWethy / )
Deputy City Manager
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