HomeMy WebLinkAboutMinutes_Wolf Lakes TIRZ_09.08.2023Minutes of the
Wolf Lakes TIRZ
Board
City of Georgetown., Texas
Friday, September 8, 2023
The Georgetown Wolf Lakes TIRZ Board met on Friday, September 8, 2023 at 10:30 AM 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: Josh Schroeder, Kevin Cummins, Laurie Brewer, David Morgan, Valerie Covey
Staff Present: Nick Woolery, Leigh Wallace
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 the agenda; A request must be received by the Advisory Board or Commission Liaison
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.
Josh Schroeder Called the meeting to order at 10:32 AM
Public Wishing to Address - 09.08.2023
At the time of posting no one has signed up to speak.
There were no members of the public present to address the board.
1
1.A Minutes from the August 4th, 2022
Consideration and possible approval of the minutes from the August 4th, 2022 Wolf
Lake Tax Increment
Reinvestment Zone (TIRZ) Board Meeting - Mayor Josh Schroeder, Chair
Moved by Josh Schroeder; seconded by Kevin Cummins to Approve.
Motion Approved: 5- 0
Voting For: David Morgan, Valerie Covey, Josh Schroeder, Kevin Cummins, Laurie
Brewer
VotingAgainst: None
1.B Annual Financial Report - Wolf Lakes TIRZ
Presentation of the annual financial report for the Wolf Lakes TIRZ -Nathan
Parras, Assistant Finance Director
Presentation of the annual financial report for Wolf Lake Tax Increment Reinvestment
Zone - Nathan
Parras, Assistant Finance Director and Nick Woolery, Assistant City Manager.
• Tax increment reinvestment zones
• Role of the board
• Project Summary
• Infrastructure summary
• Summary Agreements
• Development Activity
• Infrastructure Update
• 2018 Projections vs 2023 Projections
• TIRZ Valuations
• TIRZ Projections
• 2023 Projections
• FY2024 Budget
No Action Needed
Adjournment
Adjourn: Motion by Josh Schroeder to adjourn the meeting at 11:00 AM
Moved by Josh Schroeder; seconded by Kevin Cummins to Adjourn
Motion Adjourn: 5 - 0
Voting For: David Morgan, Valerie Covey, Josh Schroeder, Kevin Cummins, Laurie
re r
tg Against: None
These rpfnutds were approved , tt
Chair
meeting of