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2004-07-13 TIRZ NO. 2 MEETING AGENDA 07/09/04 11:21 KNUDSON & ASSOC. 4 281 552 1705 NO.007 D02 TAX INCREMENT REINVESTMENT ZONE NUMBER TWO CITY OF PEARLAND,TEXAS SHADOW CREEK RANCH Pearland,Texas Notice is hereby given that the Board of Directors of Tax Increment Reinvestment Zone Two,also known as Shadow Creek Ranch,will hold its next meeting on Tuesday,July 13,2004 at 12:00 p.m.in the Council Chambers of Pearland City Hall,3519 Liberty Drive,Pearland,Texas,77581,to consider,discuss and adopt such orders,resolutions or motions and take such other direct or indirect actions as may be necessary,convenient,or desirable with respect-to the following matters: 1. Introduction, 2. Call the meeting to order,take attendance,and verify that u quorum is present; 3. Discuss and approve minutes of the April 26,2004 Board meeting; 4. Project report from the Developer and PowerPoint Presentation; take appropriate action; 5. Quarterly financial report from City; 6. Report on current TIRZ lobbying activities in Governor's special legislative session; 7. Report on status of Tri-Party Agreement by and between the City of Pearland,Texas,Tax Increment Reinvestment Zone Number Two,City of Pearland,Texas and Local Government Corporation; 8. Discuss and take necessary action regarding Huitt-Zollars,Inc.'s construction audit work authorizations for the following projects: a. Primary Entry Monument Land Cost,project no.04-07-001; b. Police/Fire Station Land Cost Adjustment,project no.04-07-002; c. Regional Nature Park,project no.04-07-003; d. Village 3,Phase 4 improvements, project no.04-07-004; e. Village 4,Phase 1 and Reflection Bay North Improvements,project no.04-07-005; f. Traffic Signal at Shadow Creek Parkway and Kingsley Drive,project no. 04-07-006; g. Parks and Trails Grading and Infrastructure, project no.04-07-007; 9. Engineering Report on the following projects by LJA Engineering&Surveying,Inc.: a. Primary Entry Monument Land Cost,project no. 04-07-001; b. Police/Fire Station Land Cost Adjustment,project no.04-07-002: c. Regional Nature Park,project no.04-07-003: d. Village 3,Phase 4 Improvements, project no.04-07-004; c. Village 4,Phase 1 and Reflection Bay North Improvements,project no.04-07-005; 1. Traffic Signal at Shadow Creek Parkway and Kingsley Drive, project no. 04-07-006; g. Parks and Trails Grading and Infrastructure,project no. 04-07-007; 10. Construction Audit Report on the following projects by Hui tt-Zollars,Inc. and discuss future procedures for construction audits: a. Primary Entry Monument Land Cost, project no. 04-07-001; b. Police/Fire Station Land Cost Adjustment,project no. 04-07-002; c. Regional Nature Park.project no.04-07-003; d. Village 3.Phase 4 Improvements,project no.04-07-004; e. Village 4,Phase 1 and Reflection Bay North'Improvements.project no. 04-07-005: f. Traffic Signal at Shadow Creek Parkway and Kingsley Drive. project no. 04-07-006; g. Parks and Trails Grading and Infrastructure, project no. 04-07-007: JUL 09 2004 11:29 713 453 8011 PAGE.02 0?i09/04 11:21 KNUDSON & ASSOC. -> 281 552 1705 NO.007 1;03 • 11. Discuss and take necessary action regarding approval of Letter Financing Agreement(s)for the following projects: a. Primary?entry Montunent Land Cost,project no, 04-07-001; b. Police/Fire Station Land Cost Adjustment. project no. 04-07-002; c. Regional Nature Park, project no. 04-07-003; d. Village 3,Phase 4 Improvements,project no.04-07-004; e. Village 4,Phase 1 and Reflection Bay North Improvements,project no.04-07-005; f. Traffic Signal at Shadow Creek Parkway and Kingsley Drive,project no.04-07-006; g. Parks and Trails Grading and Infrastructure, project no.04-07-007; 12. Discuss and take necessary action regarding approval of the following joint construction and reimbursement agreements with Brazoria County MUD No.26: a, Lakes A-10,A-10A and AIOB serving Village 2,Phase 1: b. Lake A-25 and Channel A-24 serving Village 2,Phase 2; c. Lake A-11 and Channel A128-04-04 serving Village 2,Phase 2; d. Lake A-13 and Channel C-13 serving Village 1,Phase IA; e. Channel A128-01-00 and Channel A128-00-00(2); f. Diversion Channel and Village 2 Interim Channel; g. Lakes A-19,A-20 and A-21 and Channel C-20 and Discovery Bay Channel serving Village 1,Phase 1B (1); 13. Discuss and take necessary action regarding approval of the following joint construction and reimbursement agreements with Brazoria County-Fort Bend County MUD No. 1: a. Lift Station No. 1; b. Clearing and Grubbing for Villages 3 and 4 Lakes and Channels; c. Lake A-3 serving Village 3; d. Lake A-4 and Lake A-4A serving Village 3; e. Lake A-7 serving Village 3; I. Lake A-8 serving Village 3; g. Channel A 128-01-00(3); 14. Discuss and take necessary action regarding approval of contract with Assessments of the Southwest,Inc. to provide appraisal services; 15. Discuss and take necessary action regarding selection of Invoice Review Committee members; 16. Discuss and take necessary action regarding Auditor's Report on TIRZ Invoices Presented for Payment and approval of outstanding administrative invoices to date; 17. Discuss and take necessary action regarding Auditor's Report on Developer Reimbursement No. 1 and snake recommendation to City for reimbursement; 18. Presentation and discussion of TTRZ Project Budget Report and make necessary adjustments to Project Plan budget; 19. New Business; 20. Any other matters which may properly come before the Board; 21. Adjournment. Sue Darcy Knudson&Associates Administrator I,LaKeisha Cannon-Scott,Deputy City Secretary of the City of Pearland,Texas,do hereby certify that the foregoing agenda was posted in a place convenient to the general public at City Hall on the 9t°day of July,at 2:00 p.m. (SEAL) LaKeisha Cannon-Scott Deputy City Secretary Agenda removed I day of June 2004.