Loading...
Minutes 10-27-2008MINUTES TIRZ REGULAR MEETING OCTOBER 27, 2008 A Regular meeting was held by the Tax Increment Reinvestment Zone No. 2 (TIRZ) on October 27, 2008 at 6:30 p.m., in the City Manager's Conference Room, 1400 Schertz Parkway. Building #2, Schertz, Texas. The following members present, to-wit: Chair, Tony Wilenchik Secretary/Treasurer Michael Carpenter Board Member John Bierschwale Board Member Larry Aiken Vice-Chair Bob Cantu Asst. Secretary/Treasurer George Antuna Boazd Member Larry Anderson Board Member Chris Price Member Clifton Welker was Absent CALL TO ORDER: The meeting was called to order by Michael Spain at 6: 30 p.m. Presentation on the Sedona Development. Larry Aiken made presentation on Sedona Development Project. 2. Presentation on Tax Increment Financing, Tax Increment Reinvestment Zone No. 2 ("Sedona TIRZ"), and role of Tax Increment Reinvestment Zone Board of Directors ("Zone Board") Larry Aiken made a presentation on Sedona TIRZ and explained the purpose, rules and regulations of a TIRZ agreement. 3. Consideration and approval of Zone Board Bylaws. Michael Spain made a motion seconded by Tony Wilenchik to approve the TIRZ by-laws. Vote was unanimous. Motion Carried 4. Consideration and action to elect Zone Board Officers. George Antuna moved seconded by Bob Cantu to elect Tony Wilenchik as Chair for the TIRZ. Vote was unanimous. Motion Carried John Bierschwale moved seconded by Michael Spain to elect Bob Cantu as Vice- Chair for the TIRZ. Vote was unanimous. Motion Carried George Antuna moved seconded by Bob Cantu to elect Michael Carpenter as Secretary/Treasurer for the TIRZ. Vote was unanimous. Motion Carried Michael Carpenter moved seconded by Tony Wilenchik to elect George Antuna as Asst. Secretary/Treasurer for the TIRZ. Vote was emanimous. Motion Carried 5. Consideration and action to adopt Project Plan and Reinvestment Zone Financing Plan for Sedona TIRZ Cluis Price moved seconded by Michael Carpenter to adopt the Project Plan and Reinvestment Zone Financing Plan for Sedona TIRZ. Vote was unanimous. Motion Cm•ried 6. Consideration and action to adopt Interlocal Agreement and Development Agreement for the Sedona TIRZ. Discussion postponed until November 3, 2008. ADJOURNMENT As there was no further action, Chair Tony Wilenchik adjourne/d the meeting at 8:12 p.m. 6 u- y UI L` Tony Wilenchik, Chair ATTES/T~\\ V~ ~ Cindy Raleigh~ecording Secretary 10-27-08 TIRZ Agenda Page - 2 -