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HomeMy WebLinkAboutMinutes_Williams Dr TIRZ_08.09.2023Minutes of the Williams Drive TIRZ Board City of Georgetown, Texas Wednesday, August 9, 2023 The Georgetown Williams Drive TIRZ Board met on Wednesday, August 9, 2023 at 3:30 PM at City Hall Large Conference Room - 808 Martin Luther King Dr Georgetown, TX 78626. The City of Georgetown is committed to compliance with the Americans with Disabilities Act (ADA). If you require assistance in participating at a public meeting due to a disability, as defined under the ADA, reasonable assistance, adaptations, or accommodations will be provided upon request. Please contact the City Secretary's Office, at least three (3) days prior to the scheduled meeting date, at (512) 930-3652 or City Hall at 808 Martin Luther King, Jr Street for additional information; TTY users route through Relay Texas at 711. The following Members were in attendance: Present were: Steve West, Brad Curlee, Dale Ross, Rachel Jonrowe, David Morgan, Josh Schroeder, Shawn Hood, Robert Hilton 1. Regular Session 1.A Minutes from August 4th, 2022 Consideration and possible action to approve minutes from the August 4th, 2021 Williams Drive Tax Increment Reinvestment Zone (TIRZ) Board meeting - Josh Schroeder, Board Chair. Moved by David Morgan; seconded by Robert Hilton to Approve . Motion Approved: 4- 0 Voting For: David Morgan, Josh Schroeder, Shawn Hood, Robert Hilton Voting Against: None 1.B Approval of Williams Drive Gateway TIRZ final project and financing plan, and amendments to the plan Resolution approving the Williams Drive Gateway Tax Increment Reinvestment Zone's final project and financing plan, and amendments to the plan -- Nick Woolery, Assistant City Manager Moved by Josh Schroeder; seconded by Shawn Hood to Approve Nick Woolery starts presentation of the item. Josh asked a question: If they were to make some improvement to the area it would go through Economic Development to receive a grant. Nick responded no that it is just the legal way it has to be written for private infrastructure. Josh responded asking if the TIRZ itself would give the money, and Nick confirmed. Josh asked what the TIRZ money would exactly help fund. Nick responded that they will see more of this next month with the reimbursement agreement, but he explained it pays out up to $5 million periodically over time toward the infrastructure that is surpassing that value. Shawn Hood asked if the rendering is the final site plan. Nick responded that he would confirm but he believes this is the final plan. Robert Hilton asked a question on the verbiage of how the TIRZ is set up. Nick and David clarified, how it works and brings value to the area. Josh asked if the developer of the McCoy site is in favor of this. Nick replied that this supports what they are trying to do. Motion Approved: 4- 0 Voting For: David Morgan, Robert Hilton, Josh Schroeder, Shawn Hood Voting Against: None Public Wishing to Address the Board On a subject that is posted on this agenda: Please fill out a speaker registration form which can be found on the table at the entrance to the meeting room. Clearly print your name and the letter of the item on which you wish to speak and present it to the Board Liaison prior to the start of the meeting. You will be called forward to speak when the Board considers that item. Only persons who have delivered the speaker form prior to the meeting being called to order may speak. Speakers will be allowed up to three minutes to speak. If you wish to speak for six minutes, it is permissible to use another requestor's granted time to speak. No more than six minutes for a speaker may be granted. The requestor granting time to another speaker must also submit a form and be present at the meeting. On a subject not posted on the agenda: A request must be received by the Advisory Board or Commission Liaisor prior to the day the agenda for this meeting is posted. Each speaker will be given three minutes to address the Board or Commission members. No action can be taken. Adjournment Moved by Josh Schroeder; seconded by to . Motion : 4 - 0 Voting For: David Morgan, Josh Schroeder, Shawn Hood, Robert Hilton Voting Against: None Moved by Josh Schroeder; seconded by to Adjourn . Motion Adjourn: 4 - 0 Voting For: David Morgan, Josh Schroeder, Shawn Hood, Robert Hilton Voting Against: None These fnyhutes were approved di the meeting of Chaff Attest