Agenda Packet TIRZ No. 1 01/18/2018
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TIRZ No. 1Page 1 of 9Meeting Date: January 18, 2018
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TIRZ No. 1Page 2 of 9Meeting Date: January 18, 2018
Town of Trophy Club 1 Trophy Wood Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2018-048-T Version:1 Name:
Type:Agenda Item Status:Regular Session
File created:1/15/2018 In control:TIRZ Board
On agenda:1/18/2018 Final action:
Title:Consider and take appropriate action regarding the appointment of the Vice Chairperson.
Attachments:Staff Report - TIRZ No. 1 Members.pdf
DateVer.Action ByActionResult
Consider and take appropriate action regarding the appointment of the Vice Chairperson.
TIRZ No. 1Page 3 of 9Meeting Date: January 18, 2018
To: Tax Increment Reinvestment Zone No. 1 Board
From:Thomas M. Class Sr., Town Manager
CC: Holly Fimbres, Town Secretary/RMO
Re: TIRZ No. 1 Members
TIRZ No. 1 Meeting January 18, 2018
Agenda Item:
Consider and take appropriate action regarding the appointment of the Vice Chairperson.
Explanation:
Below represents the current members of the TIRZ No. 1:
Tax Increment Reinvestment Zone No. 1
1.Jared Hall(2018)-Director4.Travis Inge(2019)-Director
2.Sean Bone(2018) (EDC-4B)-Chairperson5.Rebecca Barksdale(2019)
(Tarrant County Official)
3.Cory McDonald(2018)-Director
Chairperson Sean Boneappointment to expire December 31, 2018
Page 1 of 1
TIRZ No. 1Page 4 of 9Meeting Date: January 18, 2018
Town of Trophy Club 1 Trophy Wood Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2018-049-T Version:1 Name:
Type:Agenda Item Status:Regular Session
File created:1/15/2018 In control:TIRZ Board
On agenda:1/18/2018 Final action:
Title:Consider and take appropriate action regarding the TIRZ No. 1 minutes dated October 3, 2016.
Attachments:October 3, 2016 TIRZ Minutes.pdf
DateVer.Action ByActionResult
Consider and take appropriate action regarding the TIRZ No. 1 minutes dated October 3, 2016.
TIRZ No. 1Page 5 of 9Meeting Date: January 18, 2018
MINUTES OF REGULAR SESSION FOR THE
TAX INCREMENT REINVESTMENT ZONE (TIRZ) NO. 1 BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, October 3, 2016
6:30 p.m.
STATE OF TEXAS
COUNTY OF DENTON
TheTax Increment Reinvestment Zone (TIRZ)No. 1 Boardof the Town of Trophy Club, Texas,
met in Regular Session on October 3, 2016. The meeting was held within the boundaries of the
Town and was open to the public.
TIRZDIRECTOR(S) PRESENT:
David Brod Chairman
Angela Newell Vice Chairman
Eric Jensen Board Member
TIRZDIRECTOR(S) ABSENT:
Cory McDonald Board Member
Rebecca Barksdale Board Member, Precinct Administrator, Tarrant County
STAFF AND GUEST(S) PRESENT:
Steven GlickmanAssistant Town Manager
Robbie KillingsworthRecording Secretary
Call to order and announce a quorumat 6:30 p.m.by Chairman DavidBrod (3 members).
CITIZEN PRESENTATIONS
Citizens are allowed three (3) minutes to address the Commission regarding an item over which the
Commission has policy or oversight authority as provided by Texas law, the ethics order, or other policy
order.
Chairman David Brod asked if there were any public requests tospeak. No public requests were
turned in.
REGULAR SESSION
1.Consider and take appropriate action by TIRZ No. 1 Board to appoint a Vice
Chairman.
Motion to appoint Angela Newellas Vice Chairmanwas madebyBoard Member Eric Jensen,
seconded byBoard MemberAngela Newell. The motion wasapproved unanimously. (3-0)
2.Discuss and take appropriate action regarding the August 24, 2016 Minutes.
Motion to approve theAugust 24, 2016TIRZNo.1Board Minutes as presented was made
byBoard Member Eric Jensen, seconded byVice Chairman Angela NewellThe motion was
approvedunanimously (3-0).
TIRZ No.1BoardOctober 3, 2016
TIRZ No. 1Page 6 of 9Meeting Date: January 18, 2018
EXECUTIVESESSION
3.Pursuant to the following designated sections of the Texas Government Code,
Annotated, Chapter 551 (Texas Open Meetings Act), the Board will convene into
executive session to discuss the following:
Section 551.087 Deliberations regarding Economic Development
Negotiationsto discuss or deliberate the offer of financial orother
incentives to a business prospect that the Town seeks to have locate
within the territory of the Town:
Potential Projects and Incentives
CONVENEINTO EXECUTIVESESSION - 6:33 P.M.
EXECUTIVE SESSION - CLOSED - 6:37P.M.
RECONVENE INTO REGULAR SESSION - 6:38P.M.
REGULAR SESSION
4.Consider and take appropriate action regarding the Executive Session.
Motion to approve theECONOMIC DEVELOPMENT AGREEMENT and the AMENDED
ECONOMIC DEVELOPMENT AGREEMENT as presented was made by ViceChairman Angela
Newell, seconded by Board Member Eric Jensen. The motion was approved unanimously(3-0).
ADJOURN
Motion to adjourn the meetingwas made by ViceChairman Angela Newell,seconded by Board
Member Eric Jensen. The motion was approved unanimously(3-0). The meeting was adjourned
at 6:39 p.m.
_____________________________________________________________
David BrodRobbie Killingsworth
ChairmanRecording Secretary
TIRZ No.1BoardOctober 3, 2016
TIRZ No. 1Page 7 of 9Meeting Date: January 18, 2018
Town of Trophy Club 1 Trophy Wood Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2018-050-T Version:1 Name:
Type:Agenda Item Status:Executive Session
File created:1/15/2018 In control:TIRZ Board
On agenda:1/18/2018 Final action:
Title:Pursuant to the following designated section of the Texas Government Code, Annotated, Chapter 551
(Texas Open Meetings Act), the Council will convene into executive session to discuss the following:
Section 551.071 Consultation with Attorney under Subsection (2) to consult with the Town Attorney on
a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary
Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Texas Open
Meetings Act; Section 551.072 Deliberation regarding Real Property to discuss or deliberate the
purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a
detrimental effect on the position of the governmental body in negotiations with a third person; and
Section 551.087 Deliberation regarding Economic Development Negotiations under Subsection (2) to
discuss or deliberate the offer of financial or other incentives to a business prospect that the Town
seeks to have locate within the territory of the Town:
Potential Projects and Incentives
Attachments:
DateVer.Action ByActionResult
Pursuant to the following designated section of the Texas Government Code, Annotated, Chapter 551 (Texas Open
Meetings Act), the Council will convene into executive session to discuss the following:
Section 551.071 Consultation with Attorney under Subsection (2) to consult with the Town Attorney on a matter in which
the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State
Bar of Texas clearly conflicts with the Texas Open Meetings Act; Section 551.072 Deliberation regarding Real Property to
discuss or deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would
have a detrimental effect on the position of the governmental body in negotiations with a third person; and Section
551.087 Deliberation regarding Economic Development Negotiations under Subsection (2) to discuss or deliberate the
offer of financial or other incentives to a business prospect that the Town seeks to have locate within the territory of the
Town:
Potential Projects and Incentives
TIRZ No. 1Page 8 of 9Meeting Date: January 18, 2018
Town of Trophy Club 1 Trophy Wood Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2018-051-T Version:1 Name:
Type:Agenda Item Status:Regular Session
File created:1/15/2018 In control:TIRZ Board
On agenda:1/18/2018 Final action:
Title:Consider and take appropriate action resulting from the Executive Session.
Attachments:
DateVer.Action ByActionResult
Consider and take appropriate action resulting from the Executive Session.
TIRZ No. 1Page 9 of 9Meeting Date: January 18, 2018