2000-09-14 TAX INCREMENT REINVESTMENT ZONE NO. 2 BOARD MEETING MINUTESMINUTES OF THE BOARD OF DIRECTORS' INVOICE REVIEW COMMITTEE
MEETING
Tax Increment Reinvestment Zone Number Two
CITY OF PEARLAND, TEXAS
September 14,200/0
A regular meeting of the Invoice Review Committee ("Committee") of the Tax Increment
Reinvestment Zone Number Two ("Zone"), City of Pearland, Texas, was held in the first floor
conference room of Pearland City Hall, located at 3519 Liberty Drive, Pearland, Texas, on
Thursday, September 14, 2000, at 10:00 a.m. The meeting was open to the public.
Subcommittee Members in Attendance: Subcommittee Members Not in Attendance:
John Knox, Chair None
Larry Loessin
Mike Pyburn
Consultants in Attendance:
Patricia Knudson Joiner — Knudson & Associates
Charles Knight — Knudson & Associates
Mark McGrath — Null-Lairson
1. Call the meeting to order, take attendance and verify that a quorum in present.
Chairman Knox called the meeting to order at 10:05 a.m. and took attendance. The following
Subcommittee Members were present:
1. John Knox
2. Mike Pyburn
3. Larry Loessin
2. Discuss and take necessary action regarding approval of June 5, 2000 Committee
meeting minutes.
Following discussion, Committee Member Loessin moved that the Committee approve the
minutes of the June 5, 2000 meeting without revision. Committee Member Pyburn seconded the
motion and the Committee unanimously approved the motion.
3. Discuss and take necessary action regarding approval and recommendation of year
2000 TIRZ administrative costs to date.
Marls McGrath of Null-Lairson, the Zone Auditor, began by reviewing the procedure by which
the Auditor reviewed and compared consultant invoices with consultant contracts. He then
presented and summarized the Accountants' Report of year 2000 TIRZ administrative costs to
date. Following his review, Committee Member Loessin asked who decides to pay an invoice
and when it is paid. Patricia Joiner of Knudson & Associates, Zone Administrator, responded
that this Committee reviews and approves such invoices for payment, after which the invoices
are paid out of a City account into which the Developer makes appropriate deposits. Mr. Loessin
then asked if the invoices presented today were current, to which Ms. Joiner replied that they
were.
Following further discussion, Committee Member Pyburn moved that the Committee approve
the Accountants' Report on Invoices Presented for Services rendered in 2000 to date for
payment. Committee Member Loessin seconded the motion and the motion was unanimously
approved.
4. Adjournment.
Committee Member Pyburn moved that the meeting be adjourned. Committee Member Loessin
seconded the motion, and the Committee unanimously voted to adjourn the meeting at 10:20
a.m.
Approved:
chn Kn x, Cliairman
Invoice Review Committee
Tax Increment Reinvestment Zone Number Two
City of Pearland, Texas
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