Minutes TIRZ No. 1 10/26/2015 MINUTES OF REGULAR SESSION FOR THE
TAX INCREMENT REINVESTMENT ZONE (TIRZ) NO. 1 BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, October 26, 2015
6:30 p.m.
STATE OF TEXAS
COUNTY OF DENTON
The Tax Increment Reinvestment Zone (TIRZ) No. 1 Board of the Town of Trophy Club, Texas,
met in Regular Session on October 26, 2015. The meeting was held within the boundaries of
the Town and was open to the public.
TIRZ DIRECTOR(S) PRESENT:
David Brod Chair
Terry Kesterson Vice Chair
Rajesh Nakhwa Member
Rebecca Barksdale Member, Precinct Administrator, Tarrant County
TIRZ DIRECTOR(S) ABSENT:
Darrell Howard Member
STAFF AND GUEST(S) PRESENT:
Stephen Seidel Town Manager
Robbie Killingsworth Recording Secretary
Chris Gordon Old Town Development
Lisa McMillan Tarrant County EDC Coordinator
Call to order and announce a quorum at 6:36 p.m. by Chair Brod.
CITIZEN PRESENTATIONS
REGULAR SESSION
1. Consider and take appropriate action by TIRZ No. 1 Board to appoint a Vice Chair.
Motion to appoint Terry Kesterson as Vice Chair was made by Chair Brod, seconded by Board
Member Nakhwa. The motion was approved unanimously.
2. Discuss and take appropriate action regarding the November 25, 2014 Minutes.
Motion to approve the November 25, 2014 TIRZ No. 1 Board Minutes as presented was made
by Chair Brod, seconded by Vice Chair Kesterson. The motion was approved unanimously.
TIRZ Board October 26, 2015
3. Discuss and take appropriate action regarding an Economic Development
Agreement between Tax Increment Reinvestment Zone No. 1 and Old Town
Development.
Motion to approve the Economic Development Agreement between Tax Increment
Reinvestment Zone No. 1 and Old Town Development as presented was made by Chair Brod,
seconded by Vice Chair Kesterson. The motion was approved unanimously.
ADJOURN
Chair Brod moved to adjourn the meeting at 7:04 p.m., seconded by Vice Chair Kesterson. The
motion was approved unanimously.
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Davi. Brod Robbie Killing orth
Chair Recording Secretary
TIRZ Board October 26, 2015