11-02-2010 Agenda
REINVESTMENT ZONE NUMBER TWO,
CITY OF SCHERTZ, TEXAS
CITY COUNCIL CONFERENCE ROOM
CITY COUNCIL CHAMBERS
1400 Schertz Parkway
Schertz Texas 78154
AGENDA
TUESDAY, NOVEMBER 2, 2010
5:00 p.m.
Call to Order
Hearing of Residents
This time is set aside for any person who wishes to address the Board of Directors. Each person
should fill out the speaker?s register prior to the meeting. Presentations should be limited to no
more than 5 minutes. Discussion by the Board of any item not on the agenda shall be limited to
statements of specific factual information given in response to any inquiry, a recitation of
existing policy in response to an inquiry, and/or a proposal to place the item on a future agenda.
The presiding officer, during the Hearing of Residents portion of the agenda, will call on those
persons who have signed up to speak in the order they have registered.
Discussion and/or Action Items
1. Election of Officers
2. Approval of minutes of meeting of September 14, 2010
3. Briefing on status of Sedona project
4. Report on tax increment calculations and payments received
5. Authorize reimbursements
Adjournment
CERTIFICATION
I, CYNTHIA RALEIGH, RECORDING SECRETARY OF REINVESTMENT ZONE, NUMBER TWO, CITY OF
SCHERTZ, TEXAS, CERTIFY THAT THE ABOVE AGENDA WAS POSTED ON THE OFFICIAL BULLETIN
BOARDS OF THE CITY OF SCHERTZ, TEXAS ON THIS THE ____ DAY OF OCTOBER, 2010 AT _____ _.M.,
WHICH IS A PLACE READILY ACCESSIBLE TO THE PUBLIC AT ALL TIMES AND THAT SAID NOTICE
WAS POSTED IN ACCORDANCE WITH CHAPTER 551, TEXAS GOVERNMENT CODE.
I, CYNTHIA RALEIGH, RECORDING SECRETARY OF REINVESTMENT ZONE, NUMBER TWO, CITY OF
SCHERTZ, TEXAS, CERTIFY THAT THE ATTACHED NOTICE AND AGENDA OF ITEMS TO BE
CONSIDERED BY THE TAX INCREMENT REINVESTMENT ZONE NUMBER TWO, CITY OF SCHERTZ,
TEXAS WAS REMOVED BY ME FROM THE OFFICIAL BULLETIN BOARDS OF THE CITY OF SCHERTZ,
TEXAS ON _____ DAY OF OCTOBER, 2010. ___________________________
Title:__________________________
This facility is accessible in accordance with the Americans with Disabilities Act. Handicapped parking spaces are available. If
you require special assistance or have a request for sign interpretative services or other services please call 619-1017 at least 24
hours in advance of meeting.
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Agenda No. 1
ZONE BOARD MEMORANDUM
Zone Board Meeting: November 2, 2010
Subject: Election of Officers
BACKGROUND
The current officers? terms ended on September 30, 2010.
DirectorOffice Held
Michael Carpenter Chair
Bob Cantu Vice Chair
Steve White Secretary/Treasurer
George Antuna Assistant Secretary/Treasurer
RECOMMENDATION
Elect officers for a term ending September 30, 2011
ATTACHMENT
None
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Agenda No. 2
ZONE BOARD MEMORANDUM
Zone Board Meeting: November 2, 2010
Subject: Minutes of meeting of September 14, 2010
BACKGROUND
Draft minutes of the Board?s meeting on September 14, 2010 are attached.
RECOMMENDATION
Approve minutes of meeting of September 14, 2010.
ATTACHMENT
Minutes of meeting of September 14, 2010.
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MINUTES
REINVESTMENT ZONE NUMBER TWO, CITY OF SCHERTZ, TEXAS
REGULAR MEETING
September 14, 2010
A regular meeting was held by the Reinvestment Zone Number Two, City of Schertz, Texas
(TIRZ) on September 14, 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
John Bierschwale, Board Member
Bob Cantu, Vice Chair
Michael Carpenter, Chair
Melvin Golla, Board Member
Gary Inmon, Board Member
Chris Price, Board Member
Cindy Raleigh, Recording Secretary
Larry Dublin
Michael Spain
CALL TO ORDER:
The meeting was called to order by Michael Carpenter at 5:34 p.m.
1. Approval of minutes from June 15, 2010.
Gary Inmon made a motion to approve the minutes. The motion was seconded by Larry
Aiken. The motion carried. The vote was unanimous.
2. Briefing on status of Sedona Project
Larry Aiken and Chris Pricereported that waiting on economy to pick and building of
homes to begin again. The lift station is in place as well as the force main and treatment
plant. CPS working on electricity to the lift station.
3. Report on tax increment calculations, collections, and reimbursements
Michael Spain reported that the calculations on tax increments were complete and that
the City, County, and SARA should be invoiced for the following amounts of collected
Tax Increment Payments for 2007, 2008, and 2009:
Schertz11,676.75
Bexar County 3,924.99
SARA 236.32
15,838.06
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Reimbursements in that amount should be paid by the end of the year. Invoices from this
point forward will be reported semi-annually in the months of March and August of each
year. Melvin Golla made a motion to approve the invoices, second by John Bierschwale.
Motion carried. The vote was unanimous.
ADJOURNMENT
Chair Michael Carpenter adjourned the meeting at 6:02 p.m.
Next meeting set for November 2, 2010 at 5:00 pm.
_______________________________
Michael Carpenter, Chair
ATTEST:
________________________________
Cindy Raleigh, Recording Secretary
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Agenda No. 3
ZONE BOARD MEMORANDUM
Zone Board Meeting: November 2, 2010
Subject: Project status report
BACKGROUND
The developer of the Sedona project will brief the Board on the status of the development.
RECOMMENDATION
No action is required.
ATTACHMENT
None
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Agenda No. 4
ZONE BOARD MEMORANDUM
Zone Board Meeting: November 2, 2010
Subject: Tax Increment Calculations and Payments Received
BACKGROUND
The Director of Finance for the City of Schertz reports that the TIRZ has collected the following
amounts:
Invoice Amount($)
(09-14-10)
PayorAmount Paid ($)
Schertz11,676.7511,676.75
Bexar County
3,924.993,924.99
SARA
236.32 236.32
15,838.06
In addition, $235,548 of City of Schertz impact fees relating to the TIRZ have been collected,
but such amounts are not available to pay reimbursement requests.
RECOMMENDATION
No action is required
ATTACHMENTS
None
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Agenda No. 5
ZONE BOARD MEMORANDUM
Zone Board Meeting: November 2, 2010
Subject: Requested Reimbursements
BACKGROUND
On June 9, 2009, the Board approved the following reimbursement requests from the City of
Schertz and Bexar County:
Schertz $37,800
Bexar County $34,212
Total $72,012
The collected Tax Increment Payments from the City, the County, and SARA, totaling
$15,838.06, should be applied on a prorata basis (.5249 to Schertz and .4751 to Bexar County) to
the outstanding approved reimbursement request as follows:
Schertz $8,313.39
Bexar County $7,524.67
Total $15,838.06
RECOMMENDATION
Authorize payment to Schertz and Bexar County as set forth above
ATTACHMENTS
None
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