HomeMy WebLinkAboutMinutes_Rivery Park TIRZ_12.20.2022Minutes of the
Rivery Park TIRZ Board
City of Georgetown, Texas
Tuesday, December 20,, 202
10
The Georgetown Rivery Park TIRZ Board met on Tuesday, December 20, 2022 at 4'00 PM at C
Community Room 808 Martin Luther King Jr. St.. `1
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The following Members were in attendance:
Present were: Leigh Wallace, Laurie Brewer, Valerie Covey, Charles Schwertner, Shawn Hood,
Kevin Cummins
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1.A Minutes
Consideration and possible approval of the minutes from the August 4, 2022 Rivery
Park Tax Increment Reinvestment Zone (TIRZ) Board Meeting - Mayor Josh Schroeder,
Chair
Vice Chair Sawn Hood lead the meeting. Board Chair Josh Schroeder was not present.
Moved by Kevin Cummins; seconded by Charles Schwertner to Approve.
Motion Approved: 6- 0
Voting For: Leigh Wallace, Laurie Brewer, Valerie Covey, Charles Schwertner,
Shawn Hood, Kevin Cummins
Voting Against: None
1. B Current and Future Property Valuations
Review of Rivery Tax Increment Reinvestment Review Zone (TIRZ) current and future,
property valuations, forecasted tax assumptions and revenues and anticipated timing
of future disbursements for reimbursement of infrastructure based on development
agreement obligations, as well as annual city procedures for TIRZ administration. -
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No action needed, discussion only.
# Background and structure of the Rivery Tax Increment Reinvestment Zone
4 Current Status
Forecast of remaining years of TIRZ
Established administration procedures for remaining obligations of TIRZ
Moved by Kevin Cummins; seconded by to Approve Motion to'adjourn at 4:39 pm
Motion Approved: 6 - 0
Voting For: Leigh Wallace, Laurie Brewer, Valerie Covey, Charles Schwertner,
Shawn Hood, Kevin Cummins
Vo *nq Against: None
These mi 4te were approved at the 11 eon�---o'i'
—Chair Attest