Minutes 4-14-2009REINVESTMENT ZONE NUMBER TWO, CITY OF SCHERTZ, TEXAS
MINUTES
REGULAR MEETING
APRIL 14, 2009
A regular meeting was held by the Board of Directors of Reinvestment Zone Number Two, City
of Schertz, Texas ("TIRZ") on April 14, 2009 at 5:00 p.m., in the Council Chamber Conference
Room, 1400 Schertz Parkway. Building #4, Schertz, Texas. The following members were
present, to-wit:
Chair, Tony Wilenchik
Secretary/Treasurer Michael Carpenter
Board Member Larry Aiken
Board Member Cluis Price
Board Member Steve White
CALL TO ORDER:
Vice-Chair Bob Cantu
Board Member John Bierschwale
Board Member George Antuna
Board Member Melvin Golla
The meeting was called to order by Tony Wilenchik at 5:01 p.m.
1.
2.
4.
Approval of minutes from February 10, 2009.
Steve White made motion to approve minutes. Seconded by Melvin Golla. Vote was
tnanimous. Motion Carried.
Briefing on Sedona Project
Cun•ently there is one model home, three in final stages, and four additional slabs being
poured. Temporary force main and treatment site has been determined. Agreement with
Schertz Public Works with interim pump and haul for four months if lift station is not
completed. The City will pump and haul at TIRZ expense until station is complete.
Lenar has bought out New Mark Homes. By end of year, approximately 36 houses
should be constructed.
Approval of Assignment requested by Developer's Lender
The Developer's Lender has loaned the Developer a little over 2 million dollars for
construction expenses. The Lender has asked the TIRZ to approve an assignment to the
Lender of TIRZ payments to the Developer as security for its loan. Tony Wilenchik to
sign documents. Steve White made motion to approve. Second by George Antuna. Vote
was unanimous. Motion Carried.
Report on Tax Increment deposits
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Zero tax increment deposits to date. Larry -Aiken made motion to approve report.
Second by Bob Cantu. Vote was unanimous. Motion Carried.
5. Approval of payment of Administrative Costs and Project Costs
Invoices have been received from Bexar County and the City of Schertz. Motion was
made by Steve White to postpone approval until next meeting. Second by George
Antuna. Vote was unanimous. Motion Carried.
ADJOURNMENT
As there was no further action, Chair Tony Wilenchik adjourned the meeting at 5:40 p.m.
Next meeting set for June 9, 2009 at 5:30 p.m.
L~r
Tony Wilenchik, Chair
ATTEST• _
Cindy Raleigh, c ding Secretary
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