HomeMy WebLinkAboutTax Increment Finance (TIF)-Agenda Packets-4/24/2008~~ ~ City of Colleyville ColleyolleaTexas76034
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~"~ :d~~ ~ Agenda www.colleyville.com
Tax Increment Financing District Board
of Directors
Thursday, April 24, 2008 12:00 PM City Hall, Third Floor, Executive
Conference Room
1. CALL TO ORDER
2. READING AND PUBLIC HEARING -Resolution R-08-01
2a Approval of the minutes of the Tax Increment Financing District Board of
Directors' meeting of April 4, 2007
3. REPORTS:
3a Review and discuss the status of the Colleyville Tax Increment
Financing District
3b Update of the Colleyville Boulevard Development Activity
4. ADJOURNMENT
I hereby certify the above enda was posted on the bulletin boards at City Hall on Friday,
April 18, 2008, by 5:00 .m.
Cynthia Singleton, TRMC, CMC
City Secretary
City of Colleyville Page 1 Printed on 4/18/2008
RESOLUTION R-08-01
A RESOLUTION APPROVING MINUTES OF THE TAX INCREMENT FINANCING
DISTRICT BOARD OF DIRECTORS MEETING
WHEREAS, the Colleyville Tax Increment Financing District Board held a
meeting on April 4, 2007.
NOW, THEREFORE, BE IT RESOLVED BY THE TAX INCREMENT FINANCING
DISTRICT BOARD OF DIRECTORS OF THE CITY OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the minutes of the Tax Increment Financing District Board of
Directors meeting held April 4, 2007, are hereby approved.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF
ABSTENTIONS ON THIS THE
ATTEST:
AYES, NAYS AND .
DAY OF 2008.
COLLEYVILLE TAX INCREMENT
FINANCING DISTRICT BOARD
Rich Hendler
Chairman
Cynthia Singleton
Secretary
~~~ ~ City of Colleyville Colleyville,aTexas 76034
~ (817) 503-1000
City Council Minutes -Draft www.colleyville.com
~ra~~w
Tax Increment Financing District
Board of Directors
Wednesday, April 4, 2007 12:00 PM Executive Conference Room
The Tax Increment Financing District Board of Directors meeting was
called to order by Chairman Rich Hendler on April 4, 2007, at 12:08 p.m.
ROLL CALL: Directors Jon Ayers, David Kelly, Tom Hart, Lisa
McMillan (representing Carolyn Sims) and Chairman Rich Hendler
were present.
City Manager Bill Lindley, Assistant City Manager Kelly Cooper,
Finance Director Terry Leake, Economic Development Director
Scott Welmaker and City Secretary Cynthia Singleton were also
present.
Richard Newton, Dr. Larry Darlage, John Eubanks, Carolyn Sims
and Drenda Witt were absent.
2. READING AND PUBLIC HEARING -Resolution R-07-01
2a Approval of the minutes of the Tax Increment Financing District Board of
Directors' meeting of February 6, 2006
Chairman Rich Hendler opened the public hearing.
There was no one present wishing to speak concerning this item and
Chairman Hendler closed the public hearing.
Director Hart moved to approve Resolution R-07-01.
Director Ayers seconded the motion.
The motion carried by the following vote:
Aye: 5 - Rich Hendler, Jon Ayers, Tom Hart, David Kelly, Lisa
McMillan for Carolyn Sims
Absent: 4 -Richard Newton, Larry Darlage, John Eubanks, Drenda
Witt
City of Colleyville Page 1 Printed on 4h 1/2007
Tax Increment Financing District City Council Minutes -Draft Apri14, 2007
Board of Directors
3. REPORTS:
3a Review and discuss the status of the Colleyville Tax Increment Financing
District
Finance Director Terry Leake provided a Tax Increment Financing (TIF)
District FY 2007 update and answered questions of the Board.
Economic Development Scott Welmaker provided information regarding
the development activity on SH26, concerns related to the reconstruction
of SH26, redevelopment projects and status of Town Center and The
Village at Colleyville and answered questions of the Board.
There was general discussion regarding the value of the TIF and the
Church Street realignment project.
City Manager Bill Lindley provided information regarding the status of
The Village at Colleyville and the construction and financing for
infrastructure within the development.
Chairman Hendler expressed appreciation to the TIF partners and to
Judge Glen Whitley and Commissioner Gary Fickes for support of the
SH26 reconstruction project and other road projects.
4. ..ADJOURNMENT
There being no further business before the Tax Increment Financing
District Board of Directors, Director Ayers moved to adjourn.
Director Kelly seconded the motion.
The motion carried by the following vote:
Aye: 5 - Rich Hendler, Jon Ayers, Tom Hart, David Kelly, Lisa
McMillan for Carolyn Sims
Absent: 4 -Richard Newton, Larry Darlage, John Eubanks, Drenda
Witt
Chairman Hendler adjourned the meeting at 12:33 p.m.
City of Colleyv/lle Page 2 PNnted on 4H1/2007
Tax Increment Financing District City Council Minutes -Draft
Board of Directors
April 4, 2007
APPROVED BY A VOTE OF
ABSTENTIONS, THIS THE DAY OF
AYES,
2007.
NAYS AND
Minutes taken and prepared by:
Cynthia Singleton, TRMC, CMC
City Secretary
__-
City of Colleyville Pags 3 Printed on 4/11/Z007
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Agenda Briefing www•colleyville.com
File Number: File Type: Report Status: Reports
Version: 1 Agenda Date: 04/24/2008 Controlling Body: Tax Increment
Financing District
Board of Directors
Requester: Finance Department Agenda No.: 3a Final Action:
File Name: Review and discuss the status of the Colleyville Tax Increment Financing District
Attachments: Tax Increment Financing (TIF) District FY 2008 Update
History of Legislative File
Version: Date: Acting Body: Action Text:
1 04/24/2008 Tax Increment Financing
District Board of
Directors
Title
Review and discuss the status of the Colleyville Tax Increment Financing District
Explanation
Terry Leake, City of Colleyville Finance Director, will provide an update of the FY 2008
status of the Colleyville Tax Increment Financing (TIF) District.
Cify of Colleyville Page 1 Printed on M18/2008
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:~~_ Colleyville, Texas 76034
(817) 503-1000
~~~ Agenda Briefing www•colleyville.com
File Number: File Type: Report Status: Reports
Version: 1 Agenda Date: 04/24/2008 Controlling Body: Tax Increment
Financing District
Board of Directors
Requester: Office of the City Agenda No.: 3b Final Action:
Manager
File Name: Update of the Colleyville Boulevard Development Activity
Attachments: Colleyville Boulevard Development Activity presentation.pdf
History of Legislative File
Version: Date: Acting Body: Action Text:
1 04/24/2008 Tax Increment Financing
District Board of
Directors
Title
Update of the Colleyville Boulevard Development Activity
Explanation
City Manager Bill Lindley will provide an update of the Colleyville Boulevard development
activity.
City of Colleyville Page 1 Printed on 4/18/2008
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