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2012_10.26 TIRZ Minutes TAX INCREMEMENT REINVESTMENT ZONE ONE NONCOTIGUIOUS GEOGRAPHIC AREA, NEW HOPE ROAD & BLOXOM PARK ROAD MINUTES BOARD OF DIRECTORS - REGULAR MEETING October 26, 2012 CITY HALL CONFERENCE ROOM, 405 MUNICIPAL DRIVE I. CALL TO ORDER The meeting was called to order at 2:17PM. II. ROLL CALL Present: Jeni McGarry, Frank Fernandez, Rebecca Mowell, Pat Turner, Absent: Mark McLendon, Robert Mundy, Scott Rule Katie Lattimore, Karen Kyser, Jack Thompson, Lisa McMillian, and Bob Hart were also present. III. REGULAR ITEMS A. Introduction of TIRZ board members. All board members present were introduced. B. Consider electing a Vice Chair. Motion To appoint Pat Turner as the Vice Chair., Action Approve, Moved By Rebecca Mowell, Seconded By Frank Fernandez Motion Passed Unanimously C. General review of Kennedale development activity and plans related to the proposed Tax Increment Refinancing Zone. Bob Hart gave a brief overview of the planned ac tivity related to the proposed TIRZ plan. D. Review and consider approval of the Tax Increment Reinvestment Zone Number One, Noncontiguous Geographic Areas, New Hope Road and Bloxom Park Road, City of Kennedale plan. Motion To approve the Tax Increment Reinvestment Zone Number One, Noncontiguous Geographic Areas, New Hope Road and Bloxom Park Road, City of Kennedale plan as presented., Action Approve, Moved By Frank Fernandez, Seconded By Jeni McGarry Motion Passed Unanimously E. Review and consider approval of the Ta x Increment Reinvestment Zone Number One, Noncontiguous Geographic Areas, New Hope Ro ad and Bloxom Park Road, City of Kennedale financing plan. Motion To approve the Tax Increment Reinvestment Zone Number One, Noncontiguous Geographic Areas, New Hope Road and Bloxom Park Road, City of Kennedale financing plan as presented., Action Approve, Moved By Rebecca Mowell, Seconded By Jeni McGarry Motion Passed Unanimously F. Discuss future meeting schedule. The next meeting is scheduled for January 28, 2013 at 2:00 PM. IV. ADJOURNMENT Motion To adjourn., Action Adjourn, Moved By Rebecca Mowell, Seconded By Frank Fernandez Motion Passed Unanimously The meeting was adjourned at 3:15PM.