2015_06.15 TIRZ Packet )c
KENNEDALE
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TAX INCREMENT REINVESTMENT ZONE ONE
NONCOTIGUIOUS GEOGRAPHIC AREA, NEW HOPE ROAD & BLOXOM PARK ROAD
AGENDA
BOARD OF DIRECTORS - REGULAR MEETING
June 15, 2015
CITY HALL CONFERENCE ROOM, 405 MUNICIPAL DRIVE
REGULAR SESSION - 2:00 PM
I. CALL TO ORDER
II. ROLL CALL
III. REPORTS/ANNOUNCEMENTS
A. Discuss the current status of the Kennedale TIRZ
IV. MINUTES APPROVAL
A. Consider approval of minutes from the June 18, 2014 meeting
V. REGULAR ITEMS
A. Discuss and consider approval of a professional services agreement for the preliminary design of
New Hope Road
B. Discuss and consider the approval of a professional service agreement for the preliminary design of
a wastewater line extension
C. Authorize the Chair to execute a Letter of Agreement for the City of Kennedale to finance two
Professional Service Agreements
VI. ADJOURNMENT
In compliance with the Americans with Disabilities Act, the City of Kennedale will provide for reasonable
accommodations for persons attending City Council meetings. This building is wheelchair accessible, and
parking spaces for disabled citizens are available. Requests for sign interpreter services must be made
forty-eight (48) hours prior to the meetings. Please contact the City Secretary at 817.985.2104 or (TDD)
1.800.735.2989
CERTIFICATION
I certify that a copy of the June 15, 2015, Tax Increment Reinvestment Zone#1 agenda was posted on the City Hall bulletin board
next to the main entrance of the City Hall building, 405 Municipal Drive, of the City of Kennedale, Texas, in a place convenient and
readily accessible to the general public at all times and said agenda was posted at least 72 hours preceding the schedule time of
said meeting, in accordance with Chapter 551 of the Texas Government Code.
City Secretary
KENNEDALE
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www.cityofkennedale.com STAFF REPORT TO THE BOARD OF DIRECTORS
Date:June 15,2015
Agenda Item No: REPORTS/ANNOUNCEMENTS -A.
I. Subject:
Discuss the current status of the Kennedale TIRZ
II. Originated by:
III. Summary:
General update on the status of the TIRZ.
IV. Recommendation:
None
V.Alternative Actions:
VI.Attachments:
KENNEDALE
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www.cityofkennedale.com STAFF REPORT TO THE BOARD OF DIRECTORS
Date:June 15,2015
Agenda Item No:MINUTES APPROVAL-A.
I. Subject:
Consider approval of minutes from the June 18,2014 meeting
II. Originated by:
III. Summary:
Minutes from the June 18,2014 TIRZ meeting attached for approval.
IV. Recommendation:
Approve
V.Alternative Actions:
VI.Attachments:
1. ax Increment Reinvestment Zone One Meeting Minutes -June 18,2014 106.18.2014 TIRZ Minutes.doc
ic
KENNEDALE
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TAX INCREMENT REINVESTMENT ZONE ONE
NONCONTIGUIOUS GEOGRAPHIC AREA, NEW HOPE ROAD & BLOXOM PARK ROAD
MINUTES
BOARD OF DIRECTORS - REGULAR MEETING
June 18, 2014
CITY HALL CONFERENCE ROOM, 405 MUNICIPAL DRIVE
I. CALL TO ORDER
Chair Robert Mundy called the meeting to order at 3:10PM.
II. ROLL CALL
Present: Robert Mundy, Frank Fernandez, Rebecca Mowell, Pat Turner
Absent: Mark McLendon, Scott Rule, Jeni McGarry
Staff Present: Bob Hart, City Manager
III. REPORTS AND ANNOUNCEMENTS
A. Discuss the current status of the Kennedale TIRZ.
Bob Hart noted that the agreement to be discussed on the regular agenda is a big step toward the
development of the TIRZ area. Mr. Hart also gave a brief overview of the TIRZ plan and process, as it
has been some months since the TIRZ board has held a meeting.
IV. MINUTES APPROVAL
A. Consider approval of minutes from October 26, 2012 meeting.
Motion To approve the minutes as presented., Action Approve, Moved By Pat Turner,
Seconded By Frank Fernandez
Motion Passed Unanimously
V. REGULAR ITEMS
A. Discuss and consider approval of a TIRZ Development Agreement with HM Real Estate
Management, Ltd. for reimbursement of project costs for the construction of public improvements in the
Project and Finance Plan for the City of Kennedale Tax Increment Reinvestment Zone#1.
Bob Hart presented background information on this agreement, noting that the City of Kennedale City
Council had recently approved their portion of this agreement via the adoption of Resolution 426, as
well as a development agreement between the City and HM Real Estate. Mr. Hart noted that this
agreement is the first step for the TIRZ and a step toward bringing residential development to the
southern portion of town, which is in line with the city's adopted comprehensive land use plan.
Motion To approve the minutes as presented., Action Approve, Moved By Frank Fernandez,
Seconded By Rebecca Mowell
Motion Passed Unanimously
VI. ADJOURNMENT
Motion To adjourn., Action Adjourn, Moved By Pat Turner, Seconded By Rebecca Mowell
Motion Passed Unanimously
The meeting was adjourned at 3:55PM.
APPROVED:
Robert Mundy, Chair
KENNEDALE
You're Here,Your Home
www.cityofkennedale.com STAFF REPORT TO THE BOARD OF DIRECTORS
Date:June 15,2015
Agenda Item No: REGULAR ITEMS-A.
I. Subject:
Discuss and consider approval of a professional services agreement for the preliminary design of New Hope Road
II. Originated by:
Bob Hart
III. Summary:
The development agreement executed by the City and the TIRZ with the owners of Texas Raceway required
preliminary sewer routing design and the New Hope Road alignment. It is recommended the TIRZ approve the
proposed contracts with Freese &Nichols to do both studies. TIRZ funds are not available to pay for the studies;
therefore,the City will need to loan the funds to the TIRZ. Approval of the TIRZ loan is on the June 15 City
Council agenda.
IV. Recommendation:
Approve
V.Alternative Actions:
VI.Attachments:
KENNEDALE
You're Here,Your Home
www.cityofkennedale.com STAFF REPORT TO THE BOARD OF DIRECTORS
Date:June 15,2015
Agenda Item No: REGULAR ITEMS- B.
I. Subject:
Discuss and consider the approval of a professional service agreement for the preliminary design of a wastewater line
extension
II. Originated by:
Bob Hart
III. Summary:
The development agreement executed by the City and the TIRZ with the owners of Texas Raceway required
preliminary sewer routing design and the New Hope Road alignment. It is recommended the TIRZ approve the
proposed contracts with Freese &Nichols to do both studies. TIRZ funds are not available to pay for the studies;
therefore,the City will need to loan the funds to the TIRZ. Approval of the TIRZ loan is on the June 15 City
Council agenda.
IV. Recommendation:
Approve
V.Alternative Actions:
VI.Attachments:
KENNEDALE
You're Here,Your Home
www.cityofkennedale.com STAFF REPORT TO THE BOARD OF DIRECTORS
Date:June 15,2015
Agenda Item No: REGULAR ITEMS- C.
I. Subject:
Authorize the Chair to execute a Letter of Agreement with the City of Kennedale to finance two Professional Service
Agreements
II. Originated by:
III. Summary:
TIRZ funds are not available to pay for the two professional studies. Therefore,it is recommended that the Chair be
authorized to execute a Letter of Agreement for the City of Kennedale to loan funds to the TIRZ for the two
professional service agreements.Approval of the TIRZ loan is schedule for the June 15 City Council agenda.
IV. Recommendation:
Approve
V.Alternative Actions:
VI.Attachments: