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2001-04-02 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 April 2 2001 A regular meeting of the Invoice Review Committee ("Committee") of 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 Monday, April 2, 2001, at 11:00 a.m. The meeting was open to the public. Board Members in Attendance: John Knox, Chair Mike Pyburn Larry Loessin Consultants in Attendance: Charles Knight - Knudson & Associates Mark McGrath — Null-Lairson, P.C. 1. Call the meeting to order, take attendance and verify that a quorum in present. The Chair, John Knox, called the meeting to order at 11:00 p.m. and took attendance. The following Committee Members were present: 1. Larry Loessin 2. Mike Pyburn 3. John Knox 2. Discuss and take necessary action regarding approval of September 14, 2001 Committee meeting minutes. Following discussion, Committee Member Pyburn moved that the Board approve the minutes of the September 14, 2001meeting. Committee Chair Knox seconded the motion. The Committee unanimously approved the motion. 3. Discuss and take necessary action regarding approval and recommendation of year 2000 and 2001 TIRZ administrative costs to date. Mark McGrath of Null-Lairson, the Zone Auditor, began by summarizing the procedure by which Null-Lairson reviewed and compared consultant invoices with consultant contracts. He then presented and summarized the Accountant's Report of Consultant Invoices for Services Rendered in 2000 and 2001, noting two revisions to Schedule A, the Recapitulation of Invoices Presented for Services Rendered from September 2000 through February 2001: revise item "Total 2000 Invoices Presented" to read $98,530.39 and revise item "Under Budget — 2000" to read $76,469.69. Committee Member Loessin asked that future invoices submitted to the Committee include a letter from Knudson & Associates indicating it's review and approval of those invoices, to which Charles Knight agreed. After discussion, Committee Member Pyburn moved that the Committee approve the invoices, as revised, for payment. Committee Member Loessin seconded the motion. The Committee unanimously approved the motion. 4. Adjournment. Committee Member Loessin moved that the meeting be adjourned. Committee Member Pybum seconded the motion, and the Board unanimously voted to adjourn the meeting at 11:55 a.m. Approved: L;7194 Jollu Knox, Chair Invoice Review Committee Tax Increment Reinvestment Zone Number Two City of Pearland, Texas