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2012-12-03 CITY COUNCIL PUBLIC HEARING MEETING MINUTESMINUTES OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON MONDAY, DECEMBER 3, 2012, AT 6:30 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Mayor Reid called the meeting to order at 6:57 p.m. with the following present: Mayor Mayor Pro -Tem Councilmember Councilmember Councilmember Councilmember City Manager City Attorney City Secretary Tom Reid Susan Sherrouse Woody Owens Scott Sherman Keith Ordeneaux Greg Hill Bill Eisen Darrin Coker Young Lorfing Others in attendance: Jon Branson Assistant City Manager; Matt Buchanan President of Economic Development Corporation; Trent Epperson Director of Engineering and Capital Projects; Mike Hodge Assistant City Manager; Michelle Smith Director of Parks and Recreation; Sparkle Anderson Public Affairs Manager. PURPOSE OF HEARING - PUBLIC COMMENT AND TESTIMONY TO CONSIDER THE CREATION OF A REINVESTMENT ZONE IN ACCORDANCE WITH SECTION 312.201 OF THE TAX CODE AND CITY OF PEARLAND'S GUIDELINES FOR GRANTING TAXING ABATEMENTS. STAFF REVIEW OF THE CREATION OF A REINVESTMENT ZONE IN ACCORDANCE WITH SECTION 312.201 OF THE TAX CODE AND CITY OF PEARLAND'S GUIDELINES FOR GRANTING TAXING ABATEMENTS. Mr. Darrin Coker, City Attorney. Darrin Coker City Attorney stated a public hearing is required prior to the creation of a reinvestment zone for properties located near the intersection of Bailey Road and SH 35, and a zone must be formed before the City may enter into a Tax Abatement Agreement with any prospect that may develop in the zone. The hearing is being held to determine whether the proposed industrial improvements sought for the property are feasible and practicable and whether the improvements will benefit the land within the zone. The majority of the property to be included in the zone is owned by the Pearland Independent School District and has been declared as surplus property by the District. The property is currently zoned for manufacturing and the City has been working with Pearland Independent School District on the development of the property to various manufacturing and distribution users. The creation of the zone is necessary in the event a user selects the zone to shorten the timeframes for the potential sale Page 1 of 2 — 12/3/2012 of the property and the awarding of tax abatement benefits. Pearland Economic Development Corporation has met with multiple prospects regarding the development of the property, and the creation of a zone will enhance the ability of the property to be marketed to potential users. The ordinance creating the reinvestment zone will be considered by City Council on December 10t . An actual abatement agreement would not be presented to the City Council until a user has selected the property for development. CITIZEN COMMENTS: None. COUNCIUSTAFF DISCUSSION: None. ADJOURNMENT: Meeting was adjourned at 7:00 p.m. Minutes approved as submitted and/or corrected this the 11th day of February, A.D., 2013. Tom Reid Mayor ATTEST: /�.! moi' � �� , �i ,.. _ • e V / %1 Uy Se tary Page 2 of 2 — 12/3/2012