1999-11-08 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
November 8,1999
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 Council Chambers of Pearland
City Hall, located at 3519 Liberty Drive, Pearland, Texas, on Monday, November 8, 1999, at
4:30 p.m. The meeting was open to the public.
Board Members in Attendance:
Nigel Harrison, Chair
Gary Cook, Vice Chair
Jim DeShazer
James McFeron
Larry Loessin
Bobby Verdine
Sonny Corley
John Knox
City of Pearland Representatives in Attendance:
Hon. Tom Ried
Hon. Klaus Seegar
Alan Mueller
Public in Attendance:
Frank Ildebrando — Dain Rauscher, Inc.
Chuck Yaple — Null Lairson
Mark McGrath — Null Lairson
1. Introduction.
Board Members Not in Attendance:
Mike Pyburn, Secretary
Consultants in Attendance:
Lynne Humphries — Vinson & Elkins
Patti Joiner - Knudson & Associates
Charles Knight - Knudson & Associates
John Perry — LJA Engineering
David Tinney — LJA Engineering
Robert DeForest — KGA/DeForest Design, L.L.C.
The Chair, Nigel Harrison asked those in attendance to introduce themselves for the benefit of
the new Board Members. New Board Member Sonny Corley was introduced as well.
2. Call the meeting to order, take attendance and verify that a quorum in present.
The Chair, Nigel Harrison called the meeting to order at 4:33 p.m. and took attendance. The
following Board Members were present:
1. Bobby Verdine
2. Nigel Harrison
3. Gary Cook
4. James McFeron
5. Sonny Corley
6.
Larry Loessin
7.
John Knox
8.
Jim DeShazer
Board Member Mike Pyburn was not in attendance.
3. Discuss and approve minutes of the October 25, 1999 Board meeting.
Following discussion, Vice Chair Cook moved that the Board approve the minutes of the
October 25, 1999 meeting without revision. Board Member McFeron seconded the motion. The
Board unanimously approved the motion.
4. Project report from the City; take appropriate action.
Alan Mueller reported that the contract had been awarded for construction of the water line along
FM 518 to Kirby. The pre -construction meeting took place last week and construction
completion was expected in mid-February. Mr. Mueller added that the TNRCC had issued the
wastewater discharge permit, as well. No Board action was taken.
5. Review and take necessary action regarding proposal for Zone Engineer.
John Perry and David Tinney of LJA Engineering & Surveying, Inc. presented the Board with
their proposal for Zone Engineer. Following discussion, Board Member Verdine moved that the
Board select LJA Engineering & Surveying, Inc. as Zone Engineer. Vice Chair Cook seconded
the motion. Board Members Cook, Harrison, Knox and Verdine voted to approve the motion.
Board Members DeShazer, McFeron, Corley and Loessin voted to disapprove the motion. The
motion failed to pass. After further discussion, Board Member DeShazer moved to table
consideration of this item until the next Board meeting. Board Member McFeron seconded the
motion. Board Members Cook, Harrison, Verdine, DeShazer, McFeron, Corley and Loessin
voted to approve the motion and the motion passed. Board Member Knox voted against the
motion.
6. Review and take necessary action regarding proposal for Zone Administrator.
Patti Joiner of Knudson & Associates presented the Board with her proposal for Zone
Administrator. Following discussion, Board Member Knox moved that the Board select
Knudson & Associates as Zone Administrator. Board Member Corley seconded the motion.
The Board unanimously approved the motion.
7. Review and take necessary action regarding proposal for Zone Attorney.
Lynne Humphries of Vinson & Elkins presented the Board with her proposal for Zone Attorney.
Following discussion, Board Member Knox moved that the Board select Vinson & Elkins as
Zone Attorney. Board Member Verdine seconded the motion. Board Members Cook, Knox and
Verdine voted to approve the motion. Board Members DeShazer, Harrison and Corley and
2
Loessin voted against the motion. Board Member McFeron abstained. The motion failed to
pass. After further discussion, Board Member Loessin moved that the Board select the law firm
of Mayor, Day, Caldwell & Keeton as Zone Attorney. Following discussion, Board Member
Loessin withdrew his motion. Board Member Knox then moved that the Board table
consideration of this item until the next meeting of the Board. Board Member Loessin seconded
the motion. The Board unanimously approved the motion.
8. Review and take necessary action regarding proposal for Zone Financial Advisor.
Frank Ildebrando of Dain Rauscher, Inc. presented the Board with his proposal for Zone
Financial Advisor. Following discussion, Board Member DeShazer moved that the Board select
Dain Rauscher, Inc. as Zone Financial Advisor. Board Member Knox seconded the motion. The
Board unanimously approved the motion.
9. Review and take necessary action regarding proposal for Zone Auditor.
Mark McGrath of Null-Lairson, P.C. presented the Board with his proposal for Zone Auditor.
Following discussion, Board Member Loessin moved that the Board select Null-Lairson, P.C. as
Zone Auditor. Board Member DeShazer seconded the motion. The Board unanimously
approved the motion.
10. Discuss and take necessary action regarding letter agreement for TIRZ
Improvements — Primary Entry/Monumentation & Gateway Development Project (99-11-
001).
Patti Joiner of Knudson & Associates, Zone Administrator, presented the Board with a brief
overview of the letter agreement. Following discussion, Board Member Knox moved that the
Board approve the letter agreement for TIRZ Improvements — Primary Entry Monumentation &
Gateway Development Project (99-11-001). Board Member Verdine seconded the motion. The
Board unanimously approved the motion.
11. Project Report from the Developer; take appropriate action.
Vice Chair Cook of Shadow Creek Ranch Development Company, L.P. reported on development
activities to date. Specifically, he stated that construction on the Primary Entry Monumentation
was to begin in December of this year. A general discussion ensued.
12. Presentation of Developer's creation expenses through October 1, 1999.
Vice Chair Cook distributed a spreadsheet illustrating the Developer's TIRZ creation expenses
through October 1, 1999, minus the costs associated with the commercial market study. Mr.
Cook explained that he has approved all of the listed invoices. No Board action was taken.
13. Consider and approve schedule of meetings.
It was decided that the next Board meeting would take place on December 6, 1999 at 4:30 p.m.
and a workshop to discuss engineer's consultant responsibilities was scheduled for November 22,
1999 at 4:30 p.m.
14. New Business.
No new business was brought before the Board.
15. Any other matters which may properly come before the Board.
No other business was brought before the Board.
16. Adjournment.
Board Member Corley moved that the meeting be adjourned. Board Member Loessin seconded
the motion, and the Board unanimously voted to adjourn the meeting at 6:08 p.m.
Approved:
Mik Pybm•
Board Secretary
Tax Increment Reinvestment Zone Number Two
City of Pearland, Texas