04.21.1994 IFC Minutesp. 463
MINUTES OF
• IMPACT FEE COMMITTEE
REGULAR SEMI - ANNUAL MEETING
APRIL 21,1994
COMMUNITY CENTER 7:12 P.M.
Chairman Cray called the meeting to order at 7:12 P.M.
Committee Members present were Charles Cray, Janna Drimer, Wayne Winters,
David Conroy, Glynn Cavasos and Dill Cromer. Chuck Shytles, Gregg
and Cliff Hallmark were absent.
Staff Present
Ted Rowe - City Administrator
Elizabeth Elam - City's Legal Counsel
Linda Rhodes - Water Department Clerk
Mort Wetterling - Asst Dir. Development and Code Enforcement
ITEM NO. 1 - The City Administrator discussed the material provided to
the members relating to collections to date, cost projections and esti-
mates of future collections. He also advised that the three year review,
to be submitted by the Committee to the City Council, was now one month
late but he also recommended that no changes be made at this time (re-
view does not have to be provided in three year increments, but rather
can be provided at any time interval). Mr Rowe also addressed, and led
a discussion, on the following:
* The suspected Fire Dept. water deficiencies, at FWT Inc., which later
proved to be unfounded.
* The Mayor is investigating possible new funding available through a
HUD 108 Loan, which would facilitate water tower construction, acqui-
sition of additional wells, a possible,connection with Mansfield's
water supply to name a few. This type of low interest 10 year payback
loan would result in the receipt of construction system benefits much
sooner than previously anticipated.
* Inquiries re: the sale of City property with a water tower on it (south
edge of town). The interest that an adjacent landowner had in the pur-
chase was discussed as well as easements, bids received and the antici-
pated problems pursuant to dismantling the old 25,000 gallon sectional
tower.
* The North Central Texas Council of Government's 1994 Demographic Fore-
cast was discussed at length, i.e. anticipated population growth and
business /economic conditions. Wayne Winters advised that FWT, Inc. is
considering start -up of their next building phase and that they hope
to increase their workforce from the populace of Rennedale.
* Wayne Winters recommended that as Impact Fees are collected, City
Staff draft, and provide, breakdown of how each individually collect -
ed amount will be amortized and spent over the ten year period, there-
by resulting in a zero balance at the end of that time frame.
P. 464
After completion of the Committee's review, Wayne Winters motioned
that the Committee approve the land use assumptions and capital im-
provements plan for water and wastewater facilities and that written
recommendation be made to the City Council stating that no update is
necessary at this time. David Conroy seconded the motion -all members
voted in favor.
With no further business to conduct, Chairman Gray adjourned the Im-
pact Fee Committee portion of the meeting at 7:48 p.m.
Attest:
Approved:
I
Ci