Loading...
HomeMy WebLinkAboutCAP 2011-02-17 MinutesMINUTES OF THE REGULAR MEETING OF THE CAPITAL IMPROVEMENTS ADVISORY COMMITTEE OF THE CITY OF NORTH RICHLAND HILLS, TEXAS February 17, 2011 1. CALL TO ORDER The meeting was called to order by Vice Chairman Bill Schopper at 6:40 p.m. 2. ROLL CALL PRESENT Vice Chair Secretary Ex- Officio ABSENT CITY STAFF Managing Director of Dev. Svcs Director of Planning & Dev. Police Chief Asst. Planner Asst. Dir. of Public Works Sn. Mgmt Asst Dev. Svcs. Recording Secretary Bill Schopper Don Bowen Mark Haynes Mike Benton Dianna Madar Kathy Luppy Randy Shiflet Steven Cooper Mike Curtis John Pitstick Mike Hamlin Chad VanSteenberg Greg Van Nieuwenhuize Kristin Weegar Gina Pastre 3. CONSIDERATION OF THE MINUTES FROM THE AUGUST 19, 2010 CAPITAL IMPROVEMENT ADVISORY COMMITTEE MEETING APPROVED Dianna Madar motioned to approve the minutes of August 19, 2010, seconded by Mike Benton. The motion was approved (5 -0). Pagel 02/17/11 Capital Improvement Advisory Committee 4. Consideration and/or action regarding the progress of the Impact Fee Program's Capital Improvements Plan Greg VanNieuwenhuize came forward and gave a power point presentation for the Impact Fees update. Water impact fund beginning balance was $1,196,720, Impact Fees that were added (including interest) was $103,995 and subtracting expenses which were ($287,717) for water projects leave a balance of $1,012,998 as of December 31, 2010. The wastewater Impact fees beginning balance was $31,821 and the impact fees that were added (including interest) was $19,733 and subtracting expenses for wastewater projects which were ($349,295) which leave a balance of ($297,741) as of December 31, 2010. The Impact Fee Summary is that we have a balance of $1,012,988 in the Water Impact fee fund and a balance of ($297,741) which leaves a total impact fee fund balance of $715,257. There are currently 5 existing projects and we have 13 proposed projects for the water capital improvement plan. The total estimated costs for water improvements are $20,944,738 with an Impact fee eligible amount of $6,950,503. On the wastewater capital improvement plan we have one existing project and 8 proposed project with a total estimated cost for improvements to be $10,850,550 with an impact fee eligible amount of $1,637,664. APPROVED Don Bowen motioned to accept the Capital Improvement Plan as presented and recommend approval from the City Council. Dianna Madar seconded the motion and it carried unanimously (5 -0). 7. ADJOURNMENT The meeting was adjourned at 6:54 p.m. dy hifl , Ch irman I LSWwW, Wret Page 2 02/17/11 Capital Improvement Advisory Committee