Agenda Packet TIRZ No. 1 10/03/2016
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TIRZ BoardPage 1 of 7October 3, 2016
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TIRZ BoardPage 2 of 7October 3, 2016
Town of Trophy Club 100 Municipal Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2016-566-T Version:1 Name:
Type:Agenda Item Status:Regular Session
File created:9/28/2016 In control:TIRZ Board
On agenda:10/3/2016 Final action:
Title:Consider and take appropriate action by TIRZ No. 1 Board to appoint a Vice Chairman.
Attachments:
DateVer.Action ByActionResult
Consider and take appropriate action by TIRZ No. 1 Board to appoint a Vice Chairman.
TIRZ BoardPage 3 of 7October 3, 2016
Town of Trophy Club 100 Municipal Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2016-567-T Version:1 Name:
Type:Agenda Item Status:Regular Session
File created:9/28/2016 In control:TIRZ Board
On agenda:10/3/2016 Final action:
Title:Consider and take appropriate action regarding the TIRZ No. 1 Board Minutes dated August 24, 2016.
Attachments:August 24 2016 TIRZ Minutes.DRAFT.pdf
DateVer.Action ByActionResult
Consider and take appropriate action regarding the TIRZ No. 1 Board Minutes dated August 24, 2016.
TIRZ BoardPage 4 of 7October 3, 2016
MINUTES OF REGULAR SESSION FOR THE
TAX INCREMENT REINVESTMENT ZONE (TIRZ) NO. 1 BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Wednesday,August 24, 2016
6:00 p.m.
STATE OF TEXAS
COUNTY OF DENTON
The Tax Increment Reinvestment Zone (TIRZ)No. 1 Boardof the Town of Trophy Club, Texas,
met in Regular Session on August 24, 2016. The meeting was held within the boundaries of the
Town and was open to the public.
TIRZDIRECTOR(S) PRESENT:
Terry Kesterson Vice Chair
Rajesh Nakhwa Member
Rebecca Barksdale Member, Precinct Administrator, Tarrant County
TIRZDIRECTOR(S) ABSENT:
David Brod Chair
Darrell Howard Member
STAFF PRESENT:
Stephen Seidel Town Manager
Robbie Killingsworth Recording Secretary
Call to order and announce a quorumat 6:07p.m.by Vice Chairman Terry Kesterson.
CITIZEN PRESENTATIONS
REGULAR SESSION
1.Consider and take appropriate action regarding the TIRZ No. 1 Board Minutes
dated March 12, 2014, March 24, 2014 and October 26, 2015.
Motion to approve the March 12, 2014, March 24, 2014, and October 26, 2015TIRZ No. 1
Board Minutes as presented was made byBoard Member Rajesh Nakhwa, seconded byVice
Chairman Terry Kesterson. The motion was approved unanimously.
2.Considerand take appropriate action regarding the Amendment to Town and TIRZ
portions of Agreement with OTD TC, LLC and OTD TC2, LLC; and authorizing the
Chair to execute all necessary documents.
Motion by Vice Chairman Terry Kesterson,seconded byBoard Member Rajesh Nakhwato
approve request.The motion was approved unanimously.
ADJOURN
Vice Chairman Terry Kestersonmoved to adjournthe meetingat6:22 p.m.,seconded by Board
Member Rajesh Nakhwa. The motion was approved unanimously.
______________________________ _______________________________
David Brod Robbie Killingsworth
Chairman Recording Secretary
TIRZ BoardAugust 24, 2016
TIRZ BoardPage 5 of 7October 3, 2016
Town of Trophy Club 100 Municipal Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2016-568-T Version:1 Name:
Type:Agenda Item Status:Executive Session
File created:9/28/2016 In control:TIRZ Board
On agenda:10/3/2016 Final action:
Title:Pursuant to the following designated sections of the Texas Government Code, Annotated, Chapter
551 (Texas Open Meetings Act), the Board will convene into executive session to discuss the
following:
Section 551.087 Deliberations regarding Economic Development Negotiations to discuss or deliberate
the offer of financial or other incentives to a business prospect that the Town seeks to have locate
within the territory of the Town:
Potential Projects and Incentives
Attachments:
DateVer.Action ByActionResult
PursuanttothefollowingdesignatedsectionsoftheTexasGovernmentCode,Annotated,Chapter551(TexasOpen
Meetings Act), the Board will convene into executive session to discuss the following:
Section551.087DeliberationsregardingEconomicDevelopmentNegotiationstodiscussordeliberatetheofferof
financialorotherincentivestoabusinessprospectthattheTownseekstohavelocatewithintheterritoryofthe
Town:
Potential Projects and Incentives
TIRZ BoardPage 6 of 7October 3, 2016
Town of Trophy Club 100 Municipal Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2016-569-T Version:1 Name:
Type:Agenda Item Status:Regular Session
File created:9/28/2016 In control:TIRZ Board
On agenda:10/3/2016 Final action:
Title:Consider and take appropriate action regarding the Executive Session.
Attachments:
DateVer.Action ByActionResult
Consider and take appropriate action regarding the Executive Session.
TIRZ BoardPage 7 of 7October 3, 2016