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2008-08-25 TIRZ NO. 2 SPECIAL MEETING AGENDA 4 AGENDA — SPECIAL MEETING OF THE TAX INCREMENT REINVESTMENT ZONE NUMBER TWO (TIRZ # 2), ALSO KNOWN AS SHADOW CREEK RANCH, CITY OF • PEARLAND TEXAS, TO BE HELD ON MONDAY, AUGUST 25, 2008, AT 4:00 P.M., IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. CALL TO ORDER AND ROLL CALL II. PURPOSE OF THE MEETING: 1. CONSIDERATION AND POSSIBLE ACTION — REGARDING THE APPROVAL OF THE SPECIAL MEETING MINUTES OF THE MAY 15, 2008 TAX INCREMENT REINVESTMENT ZONE NUMBER TWO (TIRZ #2) BOARD OF DIRECTORS MEETING. TIRZ# 2 Board of Directors 2. CONSIDERATION AND POSSIBLE ACTION—RESOLUTION NO.— RTIRZ-2008-01 — A RESOLUTION OF THE BOARD OF DIRECTORS FOR THE TAX INCREMENT REINVESTMENT ZONE NUMBER TWO (TIRZ#2)APPROVING RECOMMENDATION FOR REIMBURSEMENT(LETTER FINANCING AGREEMENT(LFA) NO. 06-08-003). Mr. Mark McGrath, Null Lairson. 3. CONSIDERATION AND POSSIBLE ACTION — RESOLUTION NO. RTIRZ-2008-02 — A RESOLUTION OF THE BOARD OF DIRECTORS FOR THE TAX INCREMENT REINVESTMENT ZONE NUMBER TWO (TIRZ#2)APPROVING RECOMMENDATION FOR REIMBURSEMENT(LETTER FINANCING AGREEMENT(LFA) NO. 06-10-001 AND 07-03-002). Mr. Mark McGrath, Null Lairson. 4. CONSIDERATION AND POSSIBLE ACTION — REGARDING A PRESENTATION FROM CRC REGARDING ITS ACTIVITIES. Mr. Trey Laty, Allen Boone Humphries Robinson LLP. 5. CONSIDERATION AND POSSIBLE ACTION — RESOLUTION NO. RTIRZ-2008-03 — A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PEARLAND TAX INCREMENT REINVESTMENT ZONE NUMBER TWO (TIRZ # 2) BOARD OF DIRECTORS, ACCEPTING THE FINANCIAL REPORT FOR THE PERIOD ENDING JULY 31, 2008. Ms. Claire Bogard, Director of Finance. Page 1 of 3 — 8/25/2008 —TIRZ No. 2 4 6. CONSIDERATION AND POSSIBLE ACTION — RESOLUTION NO. RTIRZ-2008-04 — A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PEARLAND TAX REINVESTMENT ZONE NUMBER TWO (TIRZ # 2), APPROVING INVOICES FOR PAYMENT. Ms. Claire Bogard, Director of Finance. 7. CONSIDERATION AND POSSIBLE ACTION — RESOLUTION NO. RTIRZ-2008-05 — A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PEARLAND TAX INCREMENT REINVESTMENT ZONE NUMBER TWO (TIRZ # 2), ACCEPTING THE TIRZ NUMBER TWO (TIRZ#2) INVESTMENT REPORT FOR THE QUARTER ENDING JUNE 2008. Ms. Claire Bogard, Director of Finance. 8. CONSIDERATION AND POSSIBLE ACTION — RESOLUTION NO. RTIRZ-2008-06 — A RESOLUTION OF THE BOARD OF DIRECTORS OF PEARLAND TAX INCREMENT REINVESTMENT ZONE NUMBER TWO (TIRZ # 2) AUTHORIZING CHAIR OF THE BOARD OF DIRECTORS TO EXECUTE CONSENT TO ASSIGNMENT OF DEVELOPER REIMBURSEMENT AGREEMENT. Ms. Lynne Humphries or Mr. Trey Lary with Allen Boone Humphries Robinson LLP. 9. CONSIDERATION AND POSSIBLE ACTION — RESOLUTION NO. RTIRZ-2008-07 — A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PEARLAND TAX INCREMENT REINVESTMENT ZONE NUMBER TWO (TIRZ #2) BOARD OF • DIRECTORS, APPOINTING THREE MEMBERS TO SERVE AS AN INVOICE REVIEW COMMITTEE. Ms. Claire Bogard, Director of Finance. III. ADJOURNMENT This site is accessible to disabled individuals. For special assistance, please call Young Lorfinq at 281-652-655 prior to the meeting so that appropriate arrangements can be made. Page 2 of 3 — 8/25/2008 —TIRZ No. 2 I, Young Lorfing, City Secretary of the City of Pearland, Texas, do hereby certify that the foregoing agenda was posted in a place convenient to the general public at City Hall on the 21st day of August 2008, at 5:30 p.m. , r+dearxtry a I✓ per ` �� , ung ` e,ifetr ;.,0, ity Secretary Agenda removed ay of August 2008. Page 3 of 3 - 8/25/2008 -TIRZ No. 2 p