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Minutes 2-9-2010MINUTES REINVESTMENT ZONE NUMBER TWO, CITY OF SCHERTZ, TEXAS REGULAR MEETING February 9, 2010 A regular meeting was held by the Reinvestment Zone Number Two, City of Schertz, Texas (TIRZ) on April 13, 2010 at 5:30 p.m., in the Council Chamber Conference Room, 1400 Schertz Parkway. Building #4, Schertz, Texas. The following members and staff were present: Larry Aiken, Board Member Cluis Price, Board Member Larry Anderson, Board Member Cliff Walker, Board Member George Antuna, Board Member Steve White, Board Member John Bierschwale, Board Member Bob Cantu, Vice Chair Cindy Raleigh, Recording Secretary Michael Carpenter, Chair Larry Dublin Melvin Golla, Board Member Michael Spain Gary Inmon, Board Member PLEASE NOTE: ERROR WITH RECORDING SYSTEM. NO AUDIO OF MEETING AVAILABLE. • CALL TO ORDER: The meeting was called to order by Michael Carpenter at 5:32 p.m. 1. Approval of minutes from December 8, 2009. Steve White made a motion to approve the minutes, as corrected. The motion was seconded by John Bierschwale. The motion carried. The vote was unanimous. 2. Briefing on status of Sedona Project 18 homes final and/or occupied; 20 homes under construction; and 7 homes pending plan review. Plans for sewage treatment plan have been approved. Lift station and force main are under construction. Permanent plant location is still pending. John Bierschwale reported that he has spoken with the Congressman regarding the bridge structure. Before end of February DR Horton will buy 521ots and begin construction on 201ots. 3. Report on Tax Increment Deposits Michael Spain reported that he has received a list of all tracts within the TIRZ but he had received conflicting information concerning valuation of those tracts, apparently as a result of portions of the property being shown in some lists at "ag" value and in some lists at "non-ag" value. Mr. Spain stated that he would investigate further regarding which value should be utilized as the TIRZ's base value and report to the Board. ADJOURNMENT Chair Michael Carpenter adjourned the meeting at 6:10 p.m. Next meeting set for April 13, 2010 at 5:30 pm. soz9szos.i - 1 - 50298208.1 - 2 -