Loading...
10-13-20 TIRZ MINUTESMINUTES REINVESTMENTZONENUMBERTWO, CITY OF SCHERTZ, TEXAS REGULAR MEETING October 13, 2020 A regular meeting was held by the Tax Increment Reinvestment Zone NumberTwo, City of Schertz Texas (TIRZ) on Tuesday, October 13, 2020 at 4:00 p.m., in the Council Chambers at the Hal Baldwin Municipal Complex, 1400 Schertz Parkway, Building #4, Schertz Texas. The following board members, staff and the public were present: Michael Dahle, Chairperson Mark Davis, Board Member Chris Price, Board Member Rick Trefzer, Board Member Gary Inmon, Board Member Clark McChesney, Board Member(attendedvirtually) Mark Brown, City Manager Brian James, Staff CALLTO ORDER: The meetingwas called to orderat 4:09 p.m. Hearing of residents— no one was hereto speak 1. Approval of the Minutes from August 21, 2020 A motion was made by Chris Price and seconded by Gary Inmon to approve the minutes. The motion passed unanimously. 2. Update on the Status of Development and Amended TIRZAgreements Brian James informed the board members that the Schertz Council had recently approved the project and financing plans as well as the development agreement. The nextstep would be forit to go to BexarCounty and SARAfor approval and that the developerwasgoingto facilitate that. Chris Price indicated they had been in conversations with Bexar County and they anticipated it going in early December. He reiteratedthat they had been in discussions aboutthis for some time and did not anticipate any issues. He also said theywere workingto get BexarCountyto appoint two new members— one being.lesse Malone the engineerforthe developer. He also provided an update on the development. He discussed the future garden home section, that they hope to breakground on shortly, apartment and town centerphases, which is nearthe new Fire Station #3. 3. Report on Tax Increment Collections Received and Approval of Payment Brian James indicated that no additional payments had been made since the last meeting, but that the TIRZ had continued to collect funds, around $640,000. It is anticipated a payment will be authorized at the next meeting and perhaps additional expenditures will be approved. A motion was made by Mark Davis and seconded by Rick Trefzerto approve a payment of $600,000. 4. Pending Expense Approvals Brian James mentioned that Staff has been reviewing document submitted bythe developerfor expenses. Staff anticipates having that on the next meeting's agenda for approval. Additionally staff will have a map showing phases of the development for which expenses have been approved. 4:28 adjourned. " lam ,✓Z � /, V" 4 Michael Dahle, Chair