NOVEMBER1, 1993 - Reinvestment Zone
Schertz Parkway Reinvestment Zone
Minutes
Board of Directors Meeting
1 November, 1993
7:00pm
schertz Municipal Complex
Item 1. The first meeting of the Schertz Parkway
Zone Board of Directors was called to order at
N~vember 1, 1993 by Chairman Joe l'otempa.
Reinvestment
7:00 p.m.,
Item 2. The board members and staff members introduced
themsel ves.. The board members are: Mr. Joe
Potempa-Chairman, Mr. Oliver Burkett, Mr. Lewis Street, Ms.
Christy. Shriver, Mr. Chuck Sharpe, Mr. Bill Paschal and Mr.
Jerry Bethke. The staff members are: Mark Marquez and Evelyn
Boggess. Mr. Marquez provided a brief overview of the
organizational structure. .
Copies o.f the minutes will be provided to Guadalupe
Commission~rs .. C()Urt,. the SCUCT.SDBoa:r:'d, and. thE! City
of the City of Schertz, through the City Manager.
County
Council
Item.. 3. Mr. Marquez gave ahrief overview of the Tax
Increment Financing Program.
The property on Schertz Parkway to be included in the
financing was identified on the map. Mark explained how
seventy~five percent (75%) of the increased value of the
identified properties goes into a fund. These funds are to be
used for the development of Schertz Parkway. The base value
for property within the zone will be set as of January 1994.
Bill .Paschal
Reinvestment
Reinvestment
asked about the effects of Tax Abatements in this
Zone. Mark Marquez explained that in the
Zone, Tax Abatements would not be allowed.
Jerry Bethke questioned the.75% . Mark explained that the 75%
will come from that portion received from the taxing entities
on the taxes only onthearnount of the property value that has
increased above the base value that will be set effective
January 1994. The 75% figure was derived as the most
efficient . number to allow growth of the TIF fund and still
.allow the taxing entities to partic.ipate in the growth that
occurs.
Lewis Street asked if this would cause a tax increase? Tax
Increment Financing will have no effect on tax rates~ since
the funds for TIF come from growth. Normally, taxing entities
do not increase taxes when the tax base is growing, unless
they have other needs. The TIF, in and of itself, does not
rely on rate increases, only growth within the zone.
Chuck Sharpe presepted a parallel of tax increase of $1. 00.
Of the $1.00, 75 cents would go to the investment fund and 25
cents would stay with the taxing entities. (If tax rates were
increased, the zone would benefit in that the revenue raised
is a higher nUmber.j
Christy
property
of .any
value of
Shriver asked about agriculture exemptions and the
values. The zone would have no effect on exemptions
kind. Zone funds are derived from. the increase in
a property.
Mr, Marquez also
ordinance on the
future meeting.
explainec;1 a. side issue. oJ a plattipg fee
books that will have to be reviewed at a
Item 4. Mark Marquez, is the..Executiv:e pirect9r anc;1is tile
staff person for the Board. Evelyn Boggess is the Recordipg
Secretary and will provide minutes, agendas, and documentation
when required.
Item 5. Mark Marquez provided a brief overview of" Board
responsibilities. This matter will be explored in depth at a
later meeting.
Item 6. Does the Board require any addit~onal officers? It
was. .determined that a Vice Cha:Lrman be. selected to preside at
Board meetings in the absence of the Chairman. Jerry Bethke
accepted this position.
Item 7. By-Laws. By-Laws were discussed and it was
recommended. that by~laws should possible be established, but
some tIme in the future.
Chuck Sharpe had a question
agenda: he posted,. wi'll the
meetings be open meetings,
meetings? .
about the meetings.
minutes be posted,'
executive meetings
Will an
will the
or closed
The response was that while this is a.public group, it did not
fall within. the purview of the Open Meetings Act.
Nonetheless, an agenda would be posted, minutes would be
Provided to alL boar,d members. and taxing entities.
Chuck Sharpe did suggest that information be allowed to the
public. The board agreed with this suggestion.
Mark Marquez explained that the following is available for
public notification: .City News Letter, Voice Mail Box and
~posting the agenda on the bulletin board. Mark also plans an
article for the December News Letter.
Jerry Bethke asked about the board being protected against law
suits. Yes the board is protected. The City Attorney will
provide legal advice.
Item 8, Item 11 and Item 12. Bill Paschal asked about
auditing of the funds. Mark Marquez explained that an audit
would be done on a yearly basis . Mark Marquez also stated
that the City Budget has funded $1500.00 for the 1993-1994
fiscal year. It was recommended that the board's fiscal year
go from 1 January to 1 January.
The board needs to make arrangements to open a separate
account for the funds. The funds will co-mingle with the City
funds, but remain sepa~ate.
Bill Paschal asked who. would be authorized to draw funds from
the account. Mark Marquez responded that two signatures would
. berequire,q tow.ithqraw al"\Y funds.. and all expenditures would
be board approved.
Mark Marquez.istoschedule.a meeting'with the taxil1g entities
to establish some guidelines. Chuck Sharpe would like to
represent the board at this meeting . .
Item 9. Some of the responsibilities of this board
discussed, such as, creation of implementation plan
phasing of this plan. There was a question about
preliminary sewer plan, .at this time there is not a plan,
a plan would be developed based on optimum build out.
were
and
a
but
oliver Burkett suggested that all utilities should be in
place before expansion and pavement of Schertz Parkway.
Joe Potempa asked about the electric in the zone because part
. of it falls in the jurisdiction of GVEC and part is CPS.
Oliver Burkett also suggests 'that gas should be placed along
the zone. Mark Marquez explained that this is part of the
decision making for this board.
Oliver Burkett stated that the consensus is to make sure that
this is a first class parkway.
Mark "Marque;;:: explained
wanted here. Planning
overlay for this area.
board can interface with
thatthe.board needs to plan what
and Zoning has a definite zoning
It needs to be determined how
Planning and Zoning.
is
and
this
The prelimi~nary plan will be taken up as a single agenda
item in a future meeting.
Item 10. The legal requirements for the formal
implementation were briefly discussed.
Item 13. Engineering Requirements. During discussion several
questions were raised concerning:
1. Theex'act lines of the zone? A thousand (1,0000) feet on
each side of the roadway.
2. The effect of, example, sewer lines on the property
values?
3. The effects of the agriculture exemption on the property
in the zone along Schertz Parkway?
,4. The Live Oak Hills.area and the possible future?
5.
have
Is the zoning for this area in place or will the
to be changed?
zoning
6. Engineering Requirements? ,Bring in engineers after a plan
.has been discussed in depth.
Jerry Bethke suggests that Mark Marquez talk to other
communities 'that have' a Tax Increment Financing Plan and get.
information. Oliver Elurkett stated that this would help to
set up a road map for the board to follow and set milestones
to mark progress.
At 8:45 p.m. the board took'a five minute break.
The board reconvened at 8:50 p.m.
A discussion was held concerning the scheduling of the next
meeting. . Jerry Bethke~roposed that the meetings be held the
fiistMonday OI, eachinorith, except for MOIlday'.holidays, then
possibly the first Tuesday, with the meetings to start at 7:00
p.m. Joe Potempa, stated that meetings should not go beyond
.10: 00 " p. m. The next' meeting waS . scneduled for . December 6,
1993 at 7:00 p.m.
Chuck Sharpe moved to adjourn this meeting.
seconded the motion.
Jerry Bethke
The meeting was adjourned at 9:25 p.m.