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HomeMy WebLinkAbout251021 Pearland TIRZ 2 Board Meeting Minutes ApprovedMINUTES OF THE BOARD OF DIRECTORS MEETING TAX INCREMENT REINVESTMENT ZONE NUMBER TWO / SHADOW CREEK RANCH CITY OF PEARLAND TEXAS OCTOBER 21, 2025 1 4:00 P.M. CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS I. CALL TO ORDER Chair Phillips called the meeting to order at 4:01 p.m. II. ROLL CALL AND CERTIFICATION OF QUORUM A quorum was declared. Directors, City Staff and Consultants present were: Buck Stevens, representative of Senator Mayes Middleton, board member Kenneth Phillips, City of Pearland representative, board member/chair Henry Fuertes, City of Pearland representative, board member Woody Owens, City of Pearland representative, board member Christopher Williams, City of Pearland / AISD representative, board member Ali Hasanali, Fort Bend County representative, board member/secretary Trent Epperson, City Manager, City of Pearland Joel Hardy, Head of External Affairs, City of Pearland Melissa Saxton, Director of Finance, City of Pearland Suewan Johnson/ABHR, attorney for the TIRZ Alan Mueller, Sue Darcy, Jan Buehler with Marsh Darcy Partners administrators for the TIRZ III. CITIZEN COMMENTS There were no comments. IV. REGULAR AGENDA: 1. Consideration and Possible Action - Regular Meeting Minutes of the September 16, 2025 Tax Increment Reinvestment Zone Number 2 (TIRZ No. 2) Board of Directors Meeting. A motion by Director Stevens to approve the Regular Meeting Minutes of September 16, 2025 as presented was seconded by Chair Phillips, and passed unanimously. 2. Consideration and Possible Action — Regarding Amendment Number Six to Project Plan and Financing Plan, City of Pearland Tax Increment Reinvestment Zone Number 2. Ms. Darcy reported that the statute allows only the board to amend the Plan, and the City is proposing a set of projects to install in the Plan. Mr. Epperson reported that, in the past as the TIRZ outperformed projections, it resulted in additional capacity in the TIRZ that allowed projects such as the library, park expansion, intersection and trail improvements to be added. Mr. Epperson further reported, with additional capacity forecasted within the TIRZ and other projects available, City staff held discussions with the other participants in the TIRZ to consider another amendment to advance projects that will benefit the City and the Zone. Mr. Hardy described the proposed additional projects as land acquisition, the Shadow Creek Ranch Sportsplex at a cost of $20 million, and street improvements at Kingsley Dr at Clear Creek to replace the bridge, and Broadway near the high school expansion from 2 to 3 lanes at a cost of $14 million. Director Hasanali questioned as to why, being close to the end of the TIRZ, would money be put into projects that benefit only the City of Pearland and not the other jurisdictions, rather than letting the TIRZ end with funds going to all taxing jurisdictions. Mr. Hardy reminded that the road improvements, park, library parking would benefit each of the participants. Mr. Hasanali suggested that other jurisdictions need the funds for infrastructure projects in their areas. Mr. Epperson stated that all participants were met with and Page 1 of 2— 10/21/2025 there were no objections. Chair Phillips advised that the City staff have represented that they have had meetings with Alvin ISD in March, August and September 2025, with Brazoria County in May and July 2025, with Fort Bend County in May and July 2025. A motion by Chair Phillips to accept the Plan Amendment Number Six as presented was seconded by Director Williams and the motion passed unanimously with Director Hasanali's abstention. Ms. Darcy advised that a public notice would be posted for seven days for a hearing when Council can move forward at its jurisdiction to consider the proposed Plan amendment and the proposed November 11 TIRZ Board meeting is no longer needed. Director Hasanali requested clarification that the plan is adopted as far as the TIRZ is concerned. Ms. Darcy advised that the TIRZ board recommends adoption of the plan amendment as presented with recommendation to Pearland City Council for approval. 3. Discussion Item - Regarding comments by Mayor Cole, TIRZ Board Members or TIRZ Consultants and/or Staff Report(s). V. ADJOURNMENT There being no further business, Director Fuertes moved to adjourn at 4:24pm, which was seconded by Director Hasanali and passed unanimously. APPROVED: Kenneth R. Ph ' s Chair, Board of Directors ATTEST: Board of Directors Minutes approved as submitted and/or amended on Page 2 of 2— 10/21/2025