2011_04.06 TDD Packet KENNEDALE
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405 Municipal Drive, Kennedale, Texas 76060
www.cityofkennedale.com
AGENDA
KENNEDALE TOWNCENTER DEVELOPMENT DISTRICT
BOARD OF DIRECTORS
REGULAR MEETING —APRIL 6th, 2011
COUNCIL CHAMBERS
7:15 PM
I. CALL TO ORDER
IL ROLL CALL
Ill. REGULAR ITEMS
A. Review and consider action to approve meeting minutes dated February 23, 2010,
B. Consider setting an assessment rate and values for calendar year 2011 for the
Kennedale TownCenter.
C. Review and provide updates on Economic Development activities and projects.
IV. ADJOURNMENT
TownCenter Development District Regular Meeting April 6th, 2011
2011 Assessments
Property Value Tax
Chicken Express: $164,117.00 $4,754.24
Dollar General/
Surplus Warehouse $1,301,220.00 $37,694,50
ACS/Subway $216,355.00 $6,26750
Tax Rates
City 0.7225
K15D 1.544821
::...County. .: 0.264
TCC 0.13764
Hospital District 0.227897
Total 2.896858
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MINUTES
KENNEDALE TOWNCENTER DEVELOPMENT DISTRICT
BOARD OF DIRECTORS
REGULAR MEETING--FEBRUARY 23, 2010
405 MUNICIPAL DR.---KENNEDALE MUNICIPAL BLDG.
COUNCIL CHAMBERS
I. CALL TO ORDER
Chairman Mundy called the meeting to order at 7:16 p.m.
II. ROLL CALL
Kathy Turner, City Secretary called roll with the following persons present/absent:
Robert Mundy Chairman
Bryan Lankhorst Vice-Chairman - arrived at 7:20 p.m.
John Clark Board Member
Donnie Graham. Board Member
Jerry Miller Board Member
Staff present:
Bob Hart City Manager
Kathy Turner City Secretary
III. REGULAR ITEMS
A. Review and consider action to approve meeting minutes dated January 26,
2010.
John Clark moved to approve meeting minutes dated January 26, 2010, second by
Donnie Graham. Motion carried (4-0).
B. Review and consider action to approve agreement between KEDC and
Kennedale TownCenter•Development District.
John Clark moved to approve agreement between the KEDC and Kennedale
TownCenter Development District for the assessment of properties within the
TDD, second by Jerry Miller. Motion carried unanimously(5-0).
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C. Review Economic Development activities and projects.
Bob Hart, City Manager provided an update on the road closure of Municipal
Drive and answered questions from the board regarding such.
IV. ADJOURNMENT
There being no further discussion, Chairman Mundy asked for a motion to adjourn. Jerry Miller
so moved and Donnie Graliam seconded the motion. Motion carried unanimously and meeting
adjourned at 7;23 p.m.
APPROVED:
Chairman, Robert Mundy
ATTEST:
zk4-49-
Amethyst G. C -mo, City Secretary