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HomeMy WebLinkAboutPRFD 2012-08-27 Minutes MINUTES OF THE NORTH RICHLAND HILLS PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION HELD IN THE NORTH RICHLAND HILLS CITY HALL COUNCIL CHAMBERS, 7301 NORTHEAST LOOP 820 - AUGUST 27, 2012 — 6:15 P.M. A.1 CALL TO ORDER Acting Chair Barth called the meeting to order at 6:19 p.m. ROLL CALL PRESENT: BOARD OF DIRECTORS: Tim Barth Council Member Sixto "Tito" Rodriguez Council Member David Whitson Council Member Tracye Tipps Citizen Member Jay Crane Citizen Member OFFICERS: Mark Hindman President Patricia Hutson Secretary Monica Solko Assistant Secretary Larry Koonce Treasurer STAFF MEMBERS PRESENT: George Staples City Attorney Karen Bostic Assistant City Manager Vickie Loftice Director of Parks and Recreation Mark Mills Budget Director Absent: Oscar Trevino Chair / Mayor Brad Greene Citizen Member A.2 APPROVAL OF MINUTES OF THE AUGUST 22, 2011 MEETING APPROVED Park Corporation Minutes August 27, 2012 Page 2 BOARD MEMBER RODRIGUEZ MOVED TO APPROVE THE MINUTES OF THE AUGUST 22, 2011 MEETING. BOARD MEMBER WHITSON SECONDED THE MOTION. MOTION TO APPROVE CARRIED 5-0. A.3 CONDUCT A PUBLIC HEARING ON THE PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION REVISED 2011/2012 AND THE PROPOSED 2012/2013 ANNUAL OPERATING BUDGET AND AUTHORIZE ADOPTION APPROVED Acting Chair Barth opened the public hearing. Ms. Vickie Loftice, Managing Director, presented the Revised 2011/2012 Operating Budget and the Proposed 2012/2013 Annual Operating Budget. Notice for the public hearing was published in the Star Telegram in compliance with State law. The Council reviewed the budget at the City's annual budget work session on July 27. The Revised Operating Budget for 2011/2012 is $7,851.499 and the Proposed Operating Budget for 2012/2013 is $7,620,861. Revised revenue for 2011/2012 is more than projected and is attributed to higher than projected membership sales at the NRH Centre along with a modest increase in sales tax revenue and an increase in park impact fees. Revenue for the proposed operating budget has been increased by $425,029 compared to adopted and is due to a full year of revenue at the NRH Centre. Revised expenditures for 2011/2012 are $7,851,499, an increase of $666,891 from adopted budget. This is attributed to early pay off of the NRH Centre Fitness equipment loan and the ability to increase the Reserve for Capital. Proposed expenditures for 2012/2013 are $7,620,861; an overall increase of $436,251 compared to adopted FY 2011/12, and is attributed to a full year of operations at the NRH Centre and grounds maintenance. There were no questions from the Board. Acting Chair Barth asked for public comments on the Revised 2011/2012 Operating Budget and the 2012/2013 Proposed Operating Budget. There being no one wishing to speak, Acting Chair Barth closed the public hearing. BOARD MEMBER WHITSON MOVED TO APPROVE THE REVISED 2011/2012 AND PROPOSED 2012/2013 ANNUAL OPERATING BUDGET AND RECOMMEND ADOPTION BY COUNCIL. BOARD MEMBER RODRIGUEZ SECONDED THE MOTION. MOTION TO APPROVE CARRIED 5-0. Park Corporation Minutes August 27, 2012 Page 3 A.4 CONDUCT A PUBLIC HEARING ON THE PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED 2012/2013 ANNUAL CAPITAL PROJECTS BUDGET AND AUTHORIZE ADOPTION APPROVED Acting Chair Barth opened the public hearing. Ms. Vickie Loftice, Managing Director, presented the Proposed Capital Budget for the Parks and Recreation Facilities Development Corporation. The notice for the public hearing was published in the Star Telegram in accordance with State law and the Council reviewed the budget at their July 27 annual budget work session. The proposed budget is $1,224,598 and includes funding for three continuing projects and three new projects. Funding allocation for Continuing Projects for 2012/2013 is $474,507 and includes Adventure World Playground Renovation, Calloway Branch Trail and Little Bear Creek Trail. The new projects are all infrastructure related projects. Funding for the new projects is in the amount of $286,000. The projects include Park Infrastructure Maintenance, Richland Tennis Center Infrastructure and TUCOR Irrigation System Upgrade. There were no questions from the Board. Acting Chair Barth asked for public comments on the Proposed 2012/2013 Annual Capital Projects Budget. There being no one wishing to speak, Acting Chair Barth closed the public hearing. BOARD MEMBER RODRIGUEZ MOVED TO APPROVE THE PROPOSED 2012/2013 PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION CAPITAL PROJECTS BUDGET AND RECOMMEND ADOPTION BY COUNCIL. BOARD MEMBER WHITSON SECONDED THE MOTION. MOTION TO APPROVE CARRIED 5-0. B.0 ADJOURNMENT Acting Chair Barth adjourned the meeting at 6:30 p.m. Park Corporation Minutes August 27, 2012 Page 4 APPROVED: Tim Barth —Act ng Chai ATTEST: ✓Patricia Hutson - Secretary