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HomeMy WebLinkAboutTIF3 2022-01-24 Minutes MINUTES CITY OF NORTH RICHLAND HILLS, TEXAS TAX INCREMENT REINVESTMENT ZONE NO. 3 BOARD OF DIRECTORS MEETING 4301 CITY POINT DRIVE — COMMUNITY ROOM NORTH RICHLAND HILLS, TX 76180 MONDAY, JANUARY 24, 2022 5:30 P.M. Present: • Oscar Trevino, Chair Mayor, North Richland Hills • Mason Orr Councilmember, North Richland Hills • Suzy Compton, Vice-Chair Councilmember, North Richland Hills • Rita Wright Oujesky, Secretary Councilmember, North Richland Hills • Scott Turnage Councilmember, North Richland Hills • Kelvin Deupree Councilmember, North Richland Hills • Mason Orr Councilmember, North Richland Hills • Tito Rodriguez Councilmember, North Richland Hills • Rebecca Barksdale Precinct Administrator for Commission Gary Fickes, Northeast Sub Courthouse, Precinct #3 Others Present: • Mark Hindman City Manager • Paulette Hartman Deputy City Manager • Karen Manila Assistant City Manager • Maleshia McGinnis City Attorney • Mark Mills Director of Finance • Glenn Mizell Assistant Director of Finance • Craig Hulse Director of Economic Development • Jimmy Perdue Director of Public Safety A. CALL TO ORDER Chairman Oscar Trevino called the meeting to order at 5:30 p.m. B.1 CITZEN PRESENTATION No Citizen Presentations were made at this time. B.2 PUBLIC COMMENTS No Citizen Comments were made at this time. C.1 APPROVE MINUTES OF THE OCTOBER 28, 2019 TAX INCREMENT REINVESTMENT ZONE NO. 2 BOARD MEETING Tito Rodriguez moved to approve the minutes. Rebecca Barksdale seconded the motion. The motion to approve carried 9-0. C.2 CONSIDER THE APPOINTMENT OF A VICE-CHAR AND SECRETARY FOR TAX INCREMENT REINVESTMENT ZONE NO. 3 Director of Finance Mark Mills made a brief presentation on the composition and duties of each TIF Board Officer. The chair is appointed by the North Richland Hills City Council for a one-year term. Mayor Trevino was appointed as Chair at the December 13, 2021 City Council meeting. The TIF Board appoints the Vice-Chair and Secretary, each for a two-year term. A motion was made by Chairman Trevino to appoint Scott Turnage as Vice-Chair and Mason Orr as Secretary. Board Member Tito Rodriguez seconded the motion. The motion to approve carried 9-0. C.3 DISCUSS AND ACCPET THE TAX INCREMENT REINVESTMENT ZONE NUMBER 3 ANNUAL REPORT FOR 2021. Director of Finance Mark Mills made a brief presentation on the Annual Report of the TIF # 3 for 2021. Each Tax Increment Reinvestment Zone is required to submit an annual report, to its Board and to the State, detailing its financial activities for the year. The financial report for the year is shown below: Revenues Property Tax Increment Revenue Collected $ 13,103.88 Total $ 13,103.88 Expenditures Principal, Interest, Issuaance & Paying Agent $ - Total $ - Mason Orr moved to accept the Annual Report for Tax Increment Reinvestment Zone Number 3 for the period ending September 30, 2021. Kelvin Deupree seconded the motion, which was approved 9-0. D. ADJOURNMENT Chair Oscar Trevino adjourned the meeting at 5:37 p.m.