Minutes 9-14-2010MINUTES
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:
Lauy 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
Lary Aiken and Chris Price reported 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 calculatio~ts, collections, and reimbursements
Michael Spain repotted 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:
Schertz 11,676.75
Bexar County ~ 3,924.99
~ SARA 236.32
j 15,838.06
50338701.1
Reimbursements in that amount should be paid by the end of the year. Invoices fiom 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.
Chair
ATTEST:
Cindy Raleig ecording Secretary
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