Reinvestment Zone No. 3 - Downtown

Council Chambers

Agenda — 16 items

1. 1 Public Notice: Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact the City Secretary’s office (at 361-826-3105) at least 48 hours in advance so that appropriate arrangements can be made. This meeting may be held via videoconference call pursuant to Texas Government Code § 551.127. If this meeting is held via videoconference call or other remote method of meeting, then a member of this governmental body presiding over this meeting will be physically present at the location of this meeting unless this meeting is held pursuant to Texas Government Code § 551.125 due to an emergency or other public necessity pursuant to Texas Government Code § 551.045.
2. A. Chairman Mike Pusley to call the meeting to order. ▶ jump to 0:54
3. B. City Secretary Rebecca Huerta to call roll of the Corporation Directors. ▶ jump to 1:30
4. C. PUBLIC COMMENT: ▶ jump to 3:10
5. 5 PLEASE BE ADVISED THAT THE OPEN MEETINGS ACT PROHIBITS THE BOARD OF DIRECTORS FROM RESPONDING AND DISCUSSING YOUR COMMENTS AT LENGTH. THE LAW ONLY AUTHORIZES THEM TO DO THE FOLLOWING: 1. MAKE A STATEMENT OF FACTUAL INFORMATION. 2. RECITE AN EXISTING POLICY IN RESPONSE TO THE INQUIRY. 3. ADVISE THE CITIZEN THAT THIS SUBJECT WILL BE PLACED ON AN AGENDA AT A LATER DATE.
6. D. MINUTES: ▶ jump to 3:21
7. E. FINANCIAL REPORT: ▶ jump to 4:01
8. 2. TIRZ #3 Financial Reports as of January 31, 2024 24-0439 presented ▶ jump to 4:03
9. F. EXECUTIVE SESSION ITEMS: (NONE)
10. G. AGENDA ITEMS: ▶ jump to 8:44
11. 3. Motion to approve a Downtown Development Agreement with Scott M. Barker for improvements to the property located at 425 Peoples Street for a total incentive amount not to exceed $18,625, effective upon signature by the City Manager or designee. 24-0377 approved Pass ▶ jump to 8:46
12. 4. Motion to approve a Downtown Development Agreement with Produce Goods, LLC for improvements to the property located at 425 Peoples Street for a total incentive amount not to exceed $72,600, effective upon signature by the City Manager or designee. 24-0378 approved Pass ▶ jump to 20:16
13. H. PRESENTATION ITEMS: ▶ jump to 21:16
14. 5. DMD Updates 24-0481 presented ▶ jump to 21:18
15. I. ADJOURNMENT ▶ jump to 37:36
16. 17 * Regardless of the agenda heading under which any item is listed, any word or phrase of any item listed on this agenda shall be considered a subject for consideration for purposes of the Texas Open Meetings Act and other relevant laws, and the Board of Directors may deliberate and vote upon any such subject and resolutions related thereto. Any descriptions of property or amounts stated in this agenda are descriptive and not restrictive, and property and amounts may be changed in the motions, actions or documents. In addition to other items listed in this agenda, policies and procedures of this corporation, legal analysis of any items, policies or procedures, and any items that are currently receiving funding from this corporation may be discussed and deliberated and these matters are added as subjects of discussion to this meeting. This agenda has been reviewed and approved by the attorney for the governing body, and the presence of any subject or description in the Executive Session portion of this agenda constitutes a written interpretation of Chapter 551 of the Texas Local Government Code by the attorney for this corporation indicating that said subject or description thereof may be legally discussed in a closed meeting.