HomeMy WebLinkAboutTIF2 2000-07-24 MinutesMINUTES OF THE TIF BOARD MEETING FOR REINVESTMENT
ZONE #2 OF THE CITY OF NORTH RICHLAND HILLS, TEXAS
BOARD OF DIRECTORS MEETING -ADMINISTRATIVE CONFERENCE
ROOM, 2ND FLOOR ,CITY HALL -MONDAY,
JULY 24, 2000 - 5:45 PM
Members Present - Lyle Welch
Frank Metts, Jr.
Russ Mitchell
JoAnn Johnson
Dr. Larry Darlage
Drenda Whitt
Glen Whitley
Mayor Pro Tem
Council Member
Council Member
Council Member
Tarrant County College
Tarrant County Hospital District
Tarrant County Commissioner
Others Present - Larry J. Cunningham City Manager
Greg Vick, Managing Director of Community
Services and Facilities
Larry Koonce Director of Finance
David Medanich First Southwest
Jane Sanford Tarrant County
Lisa McMillen Tarrant County
1. CALL TO ORDER
Mayor Pro Tem Welch called the meeting to order at 5:45pm.
2. APPROVAL OF MINUTES -
NOVEMBER 1, 1999 MEETING
Russ Mitchell moved to approve minutes from the November 1, 1999 meeting,
seconded by Commissioner Whitley. The vote was unanimous in favor of the
motion.
3. APPROVAL MINUTES -
MARCH 16, 2000 MEETING
Russ Mitchell moved to approved the minutes from the March 16, 2000 meeting,
seconded by Dr. Larry Darlage, the vote was unanimous in favor of the motion.
4. TAKE ACTION APPROVING THE AMENDED FINAL PROJECT AND
FINANCE PLAN FOR TAX INCREMENT INVESTMENT ZONE #2.
Mayor Pro Tem Welch called on Greg Vick to explain the changes to the plan.
Mr. Vick explained that the plan changes were driven by the reduction of the
conference center by $2.5 million from $10.7 million to $8.7 million and the
resulting decrease for the participating entities. Commissioner Glen Whitley
moved to approve the amended finance and project plans and Council Member
JoAnn Johnson seconded the motion. The vote was unanimous in favor of the
motion.
5. ADJOURNMENT
Commissioner Whitley moved to adjourn at 5:50pm, seconded by Council ,
Member Metts, the vote was unanimous in favor of the motion.