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Minutes TIRZ No. 1 03/27/2018 TOWN OF TROPHY CLUB TAX INCREMENT REINVESTMENT ZONE NO.1 JOINT SESSION MINUTES TUESDAY,MARCH 27,2018,7:00 P.M. LOCATION:1 TROPHY WOOD DRIVE,TROPHY CLUB,TEXAS COUNCIL CHAMBERS The Tax Increment Reinvestment Zone (TIRZ) No. 1 of the Town of Trophy Club, Texas, met in a Joint Session on Tuesday, March 27,2018.The meeting was held within the boundaries of the Town and was open to the public. TIRZ NO.1 PRESENT: Sean Bone Chairperson Jared Hall Vice Chairperson Travis Inge Board Member Cory McDonald Board Member TIRZ NO.1 ABSENT: Rebecca Barksdale Board Member,Tarrant County Official TOWN COUNCIL MEMBERS PRESENT: C. Nick Sanders Mayor Rhylan Rowe Mayor Pro Tern,Place 3 Alicia L. Fleury Council Member, Place 1 Eric Jensen Council Member, Place 2 Tim Kurtz Council Member, Place 4 Greg Lamont Council Member, Place 5 Philip Shoffner Council Member, Place 6 ECONOMIC DEVELOPMENT CORPORATION(EDC)4B MEMBERS PRESENT: Sean Bone President Michael Richmond Secretary/Treasurer Travis Inge Director Jared Hall Director Steve Flynn Director Cory McDonald Director EDC 4B MEMBERS ABSENT: Chris Whipple Director STAFF PRESENT: Tom Class Town Manager Anita Otterson Administrative Assistant David Dodd Town Attorney Mike Pastor Information Technology Manager Holly Fimbres Town Secretary/RMO Jonathan Phillips Director of Administrative Services Wade Carroll Fire Chief Tommy Uzee Director of Community Development Tony Jaramillo Director of Parks and Recreation John Zagurski Budget Manager Amber Karkauskas Director of Finance Steve Zieverink Information Technology Specialist Chairperson Bone announced the date of Tuesday, March 27, 2018, called the TIRZ No. 1 Joint Session meeting to order and announced a quorum at 7:03 p.m. CITIZEN PRESENTATIONS Citizens are allowed four(4) minutes to address the Board regarding an item over which the Board has policy or oversight authority as provided by Texas law, the ethics order,or other policy order. Jim Carter, 1005 Roadrunner Road, Bartonville, Texas, advised that he was running for Denton County Commissioner Precinct 4 and announced that early voting would be from May 14th through May 18th for the Primary Runoff with Election Day voting on May 22nd. JOINT SESSION 1. Consider and take appropriate action regarding the TIRZ No.1 minutes dated January 18,2018. Motion: Motion made by Chairperson Bone, seconded by Vice Chairperson Hall, to approve the TIRZ No. 1 minutes dated January 18,2018. Motion passed unanimously 4-0-0. EXECUTIVE SESSION 2. Pursuant to the following designated section of the Texas Government Code, Annotated, Chapter 551 (Texas Open Meetings Act),the Council will convene into executive session to discuss the following: A) Section 551.087 Deliberation regarding Economic Development Negotiations under Subsection (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate,stay,or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations and Subsection (2) to deliberate the offer of a financial or other incentive to a business prospect that the Town seeks to have locate within the territory of the Town: Potential Projects and Incentives CONVENED INTO EXECUTIVE SESSION-START TIME—7:23 P.M. RECONVENED INTO REGULAR SESSION-START TIME—7:51 P.M. RECONVENED INTO JOINT SESSION 3. Consider and take appropriate action regarding the Executive Session. No action was taken on this item. ADJOURN Motion: Motion made by Chairperson Bone,seconded by Vice Chairperson Hall,to adjourn the meeting at 7:52 p.m. Motion passed unanimously 4-0-0. iiq.,„:„„b)..1. , a 0746‘ LE9-- Holly Fim r ,Town Secretaryt. Sean Bone,Chairperson Town of Trophy Club,Texas Town of Trophy Club,Texas • Oc co CRY 1 ,>/ TIRZ No. 1 Joint Minutes March 27,2018 Page 2 of 2