10.30.2012 TDD Minutes
TOWNCENTER DEVELOPMENT DISTRICT
MINUTES
BOARD OF DIRECTORS - REGULAR MEETING
October 30, 2012
CITY HALL COUNCIL CHAMBERS, 405 MUNICIPAL DRIVE
I. CALL TO ORDER
Chair Robert Mundy called the meeting to order at 7:03 PM.
II. ROLL CALL
Present: Robert Mundy, Donnie Graham, John Clark, Brian Johnson, Frank Fernandez.
Absent: none.
III. MINUTES APPROVAL
A. Consider approval of meeting minutes from June 26, 2012 meeting.
Motion To approve the minutes with a correction to roll call, removing Brian Johnson as absent, as he
was not yet appointed to this board at that time. Action Approve, Moved By John Clark, Seconded
By Brian Johnson.
Motion Passed Unanimously
IV. REGULAR ITEMS
A. Consider setting an assessment rate and values for fiscal year 2012-2013 for the Kennedale
TownCenter.
Motion To set the 2012-2013 assessment rate at 2.875435, Action Approve, Moved By John Clark,
Seconded By Frank Fernandez
Motion Passed Unanimously
B. Consider seeking the city attorney to prepare a contact amendment between the Kennedale
Economic Development Corporation and the Kennedale TownCenter Development District and
Cypress properties relative to the waiver of taxes pursuant to the development agreement; and
authorizing the chair – or KEDC President – execute the agreement amendment.
Motion To authorize the city attorney to prepare a contract amendment between the Economic
Development Corporation and the TownCenter Development District relative to the waiver of taxes as
presented. Action Approve, Moved By John Clark, Seconded By Donnie Graham.
Motion Passed Unanimously
V. ADJOURNMENT
Motion To adjourn Action Adjourn, Moved By Brian Johnson, Seconded By Frank Fernandez.
Motion Passed Unanimously
The meeting was adjourned at 7:10 PM.
APPROVED: ___________________________ ATTEST: ______________________________
Chair Robert Mundy City Secretary, Amethyst G. Cirmo