2015_6.15 TIRZ MinutesKENNEDALE
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TAX INCREMEMENT REINVESTMENT ZONE ONE
NONCOTIGUIOUS GEOGRAPHIC AREA, NEW HOPE ROAD & BLOXOM PARK ROAD
MINUTES
BOARD OF DIRECTORS - REGULAR MEETING
June 15, 2015
I. CALL TO ORDER
Chair Robert Mundy called the meeting to order at 2:00 p.m.
II. ROLL CALL
Present: Robert Mundy, Frank Fernandez, Rebecca Mowell, Pat Turner, Mark McClendon, Scott Rule,
and Jeni McGarry
Absent: None
Staff Present: Bob Hart, Carolyn Marshall, Kathy Moore, and Brian Coltharp - Freese and Nichols
III. REPORTSIANNOUNCEMENTS
A. Discuss the current status of the Kennedale TIRZ
Bob Hart
provided a
brief history
on the Tax Increment Reinvestment Zone One (TIRZ) stating that the
zone was
created to
bring single
family homes into the area. Additionally, Bob informed the group that
the target
date for the Racetrack
closures is October 16.
IV. MINUTES APPROVAL
A. Consider approval of minutes from the June 16, 2014 meeting
Motion To approve the June 18, 2014 meeting minutes as presented. Action Approve, Moved By
Frank Fernandez, Seconded By Rebecca Mowell.
Motion Passed Unanimously
V.REGULARITEMS
A. Discuss and consider approval of a professional services agreement for the preliminary design of
New Hope Road
Bob Hart stated that the alignment of New Hope Road is important because the city received a grant
through the State and Federal Bridge Program, which will replace the bridge on New Hope Road. Bob
added that the bridge will be completed before the road; therefore, coordination is essential in order to
eliminate unnecessary elevation repairs and to save money. Concluding, he reminded the Board that
the Development Agreement with Texas Raceway was built around the reconstruction of New Hope
Road,
Brian Coltharp, Engineering Consultant with Freese and Nichols provided an overview of the scope of
work for the design of New Hope Road. Board members discussed possible environmental issues that
may need to be included in the preliminary design of New Hope Road; and questioned if the State had
a design plan for the bridge yet.
Motion To approve a professional services agreement for the preliminary design of New Hope Road;
contingent on Kennedale City Council's approval to loan the Tax Increment Reinvestment Zone (TIRZ)
the necessary funds. Action Approve, Moved By Scott Rule, Seconded By Mark McClendon.
Motion Passed Unanimously
B. Discuss and consider the approval of a professional service agreement for the preliminary design of
a wastewater line extension
Bob Hart stated
that the wastewater line is a critical piece of this development and
is part of the
City's
Master Plan,
Motion To approve a professional services agreement for the preliminary design of a wastewater line
extension; contingent on Kennedale City Council's approval to loan the Tax Increment Reinvestment
Zone (TIRZ) the necessary funds. Action Approve, Moved By Scott Rule, Seconded By Jeni
McGarry.
Motion Passed Unanimously
C. Authorize the Chair to execute a Letter of Agreement for the City of Kennedale to finance two
Professional Service Agreements
Bob indicated that the two agreements would cost approximately $200,000, and were needed in order
to move forward with the project. He added that the TIRZ has no money at the present time; therefore,
staff recommends that the TIRZ authorize the Chair to execute a Letter of Agreement with the City of
Kennedale, which will enable the City to loan the TIRZ the funds to pay for the two agreements.
Discussion ensued concerning the financial obligations to the City of Kennedale and the terms of the
agreement. Bob Hart assured Board members that City Attorney Wayne Olson would have final
approval over the agreement.
Motion To approve the authorization for the Tax Increment Reinvestment Zone (TIRZ) Chair to
execute a Letter of Agreement with the City of Kennedale to finance two Professional Service
Agreements contingent upon the Kennedale City Council's approval and written representation from
the City of Kennedale to the TIRZ; which provides no obligation from the tax entities and zero interest.
Action Approve, Moved By Scott Rule, Seconded By Mark McClendon.
Motion Passed Unanimously
VI. ADJOURNMENT
Board members agreed to meet again within six months; exact meeting date to be determined.
Motion To adjourn. Action Adjourn, Moved By Frank Fernandez, Seconded By Mark McClend,r,�tSr
Motion Passed Unanimously `,���A OF
The meeting was adjourned at 2:41 p.m. :`Q
�7
ATTEST:
Deputy City Secretary
405 Municipal Drive, Kennedale, TX 7GOG0 � Telephone: 817.985.2102 � Fax: 817-478-71 G9