HomeMy WebLinkAboutTax Increment Financing District Board-Minutes-4/7/2007,~,~, City of Colleyville
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Tax Increment Financing District Board
of Directors
100 Main Street
Colleyville, Texas 76034
(817) 503-1000
www.colleyville.com
Wednesday, April 4, 2007
12:00 PM
Executive Conference Room
1. CALL TO ORDER
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
3. REPORTS:
3a Review and discuss the status of the Colleyville Tax Increment
Financing District
4. ADJOURNMENT
I hereby certify the above agenda was posted on the bulletin boards at City Hall on Friday,
March 30, 2007 by 5:0
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Cynthia Singleton, TRMC, CMC
City Secretary
City of Colleyville Page 1 Printed on 3/26/2007
--='"~{ City of Colleyville
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~-~ ~ ~ ~~ Minutes
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Tax Increment Financing District
Board of Directors
100 Main Street
Colleyville, Texas 76034
(817) 503-1000
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Wednesday, April 4, 2007
12:00 PM
Executive Conference Room
2.
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
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.
READING AND PUBLIC HEARING -Resolution R-07-01
City of Colleyville Page 1 Printed on 4/25/2008
Tax Increment Financing District Minutes April 4, 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 Colleyville Page 2 Printed on 4/25/2008
Tax Increment Financing District Minutes April 4, 2007
Board of Directors
APPROVED BY A VOTE OF AYES, D NAYS AND ~
ABSTENTIONS, THIS THE DAY OF 2008.
Minutes take and prepared by:
Cynthia Singleton, TRMC, CMC
City Secretary
City of Colleyville Page 3 Printed on 4/25/2008