11.15.2011_MINUTES_TDD Regular Meeting
KENNEDALE TOWNCENTER DEVELOPMENT DISTRICT
MINUTES
NOVEMBER 15, 2011
BOARD OF DIRECTORS - REGULAR MEETING
CITY HALL COUNCIL CHAMBERS, 405 MUNICIPAL DRIVE
I. CALL TO ORDER
II. ROLL CALL
Present: Robert Mundy, Donnie Graham, John Clark, Frank Fernandez
Absent: Bryan Lankhorst
Staff Present: Bob Hart (City Manager), Amethyst Cirmo (City Secretary)
II. REGULAR ITEMS
A. Review and consider action to approve meeting minutes dated April 26, 2011.
A motion to approve the minutes as presented was made by John Clark, second
by Donnie Graham. Motion passed unanimously.
B. Consider setting an assessment rate and values for calendar year 2012 for the
Kennedale TownCenter.
Bob Hart made a recommendation to set the assessment rate at $02.875435
cents.
A motion to set the 2012 assessment rate at 2.875435 cents based on the values
of the 7 tracts in the Kennedale Retail Addition (1R at $1,301,220, 2R at $41,334,
3R at $53,676, 4R at $164 was made by John Clark, second by Donnie Graham.
Motion passed unanimously.
IV. ADJOURNMENT
A motion to adjourn was made by Donnie Graham, second by John Clark. The motion
passed unanimously.
The meeting was adjourned at 7:21pm.
APPROVED:
________________________
Robert Mundy, Chair
ATTEST:
__________________________
Amethyst Cirmo, City Secretary