1999-08-09 TAX INCREMENT REINVESTMENT ZONE NO. 2 BOARD MEETING MINUTESMINUTES OF THE BOARD OF DIRECTORS MEETING
Tax Increment Reinvestment Zone Number Two
CITY OF PEARLAND, TEXAS
August 9, 1999
The meeting of the Board of Directors (`Board") of the Tax Increment Reinvestment Zone
Number Two ("Zone"), City of Pearland, Texas, was held in the City Council Chambers of
Pearland City Hall, located at 3519 Liberty Drive, Pearland, Texas, on Monday, August 9, 1999,
at 4:30 p.m. The meeting was open to the public.
Board Members in Attendance:
Gary Cook, Vice Chair
Bobby Verdine
Jim DeShazer
John Knox
Mike Pyburn
City of Pearland Representatives in Attendance:
Alan Mueller
Hon. Helen Beckman
John Hargrove
Hon. Tom Reid
Glen Erwin
Developer in Attendance:
Martin Collins — Collins Brothers Interests
Public in Attendance:
None
1. Introduction.
Board Members not in Attendance:
David Castillo, Chairman
Consultants in Attendance:
Patti Joiner - Knudson & Associates
Bob McConnell — Knudson & Associates
Charles Knight - Knudson & Associates
Lynne Humphries — Vinson & Elkins
David Tinney — LJA Engineering
John Perry — LJA Engineering
Frank Ildebrando — Rauscher Pierce Refnes, Inc
Mayor Tom Reid thanked the Board for it efforts and reminded everyone that there likely would
be changes to the Plan between City Council's first and second readings.
2. Call the meeting to order, take attendance and verify that a quorum in present.
Vice Chair Garry Cook called the meeting to order at 4:47 p.m. and took attendance. The
following Board Members were present:
1. Gary Cook
2. John Knox
3. Jim DeShazer
4. Bobby Verdine
5. Mike Pyburn
Chairman David Castillo was not in attendance.
3. Discuss and approve minutes of the August 4, 1999 Board meeting.
Following discussion, Board Member DeShazer moved that the board approve the minutes of the
August 4, 1999 meeting without revision. Board Member Pyburn seconded the motion. The
Board unanimously approved the motion.
4. Receive report from Developer.
Alan Mueller reported that City Council held a workshop on August 5, 1999, Brazoria County
held a workshop on August 6, 1999 and Brazoria County Drainage District Number 4 planned to
vote on participation in the Zone on August 12, 1999. Gary Cook reported on the details of the
August 6, 1999 Brazoria County workshop. Board Member Knox reported that Fort Bend
County planned to vote on its participation rate in the Zone tomorrow, August 10, 1999.
5. Consider and take necessary action regarding adoption of Final Project Plan and
Reinvestment Zone Financing Plan.
Patti Joiner of Knudson & Associates reviewed with the Board the revisions made to the Final
Project Plan and Reinvestment Zone Financing Plan since the August 4, 1999 Board meeting.
Following discussion, Board Member DeShazer moved that the Board approve and adopt the
Final Project Plan and Reinvestment Zone Financing Plan and recommend approval of same to
Pearland City Council, subject to any further revisions being brought before this Board for
approval. Board Member Pyburn seconded the motion. The Board unanimously approved the
motion.
6. Consider and approve schedule of regular meetings.
Following discussion, it was agreed that the Board's next meeting would be held on Tuesday
August 17, 1999 at 6:00 p.m.
7. New Business.
Alan Mueller reported that David Castillo chose not to serve on the Board. As a result, the City
would select a replacement.
8. Any other matters which may properly come before the Board.
No other business was brought before the Board.
9. Adjournment.
Board Member Pyburn moved that the meeting be adjourned. Board Member Knox seconded the
motion. The Board unanimously approved the motion and the meeting was adjourned at 5:27
p.m.
2
Approved:
— I i�Lc,, L
Mike Pyburn
Board Secretary
Tax Increment Reinvestment Zone Number Two
City of Pearland, Texas