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2024.01.23 TIRZ 1 MinutesMinutes Town of Prosper TIRZ No. 1 Board of Directors Meeting TOWN OF Prosper Town Hall, Council Chambers P R. � � � �j] 250 W. First Street, Prosper, Texas 1�, Tuesday, January 23, 2024 A Place Where Everyone Matters Call to Order/ Roll Call. The meeting was called to order at 5:30 p.m. Board Members Present: Mayor David F. Bristol Mayor Pro-Tem Craig Andres Deputy Mayor Pro-Tem Marcus E. Ray Councilmember Jeff Hodges Councilmember Amy Bartley Councilmember Chris Kern Ray Smith, Prosper Economic Development Corporation Commissioner Susan Fletcher, Collin County Commissioners Court Board Members Absent: Councilmember Charles Cotten Staff Members Present: Mario Canizares, Town Manager Terry Welch, Town Attorney Bob Scott, Deputy Town Manager Chuck Ewings, Assistant Town Manager Michelle Lewis Sirianni, Town Secretary Robyn Battle, Executive Director Chris Landrum, Finance Director Hulon Webb, Director of Engineering Services Todd Rice, Communications & Media Relations Manager Consider and act upon the minutes from the January 24, 2023, TIRZ No. 1 Board of Directors meeting. (MLS) Mr. Smith made a motion to approve the minutes of the January 24, 2023, TIRZ No. 1 Board of Directors meeting. Commissioner Fletcher seconded that motion. Motion carried with a 8-0 vote. 2. Receive the 2023 Annual Report. (CL/HW) Mr. Webb reviewed the boundary of TIRZ No. 1 and businesses that received their Certificate of Occupancy (CO) before and after the reporting period from October 1, 2022, to September 30, 2023. He noted the total reimbursement request is $11,031,844.26 with the 3.5% interest being $564,600.78 and a total billed to date being $42,754,381.13. Mr. Landrum provided an overview of the total revenues and expenditures received during the reporting period by payments made, captured the appraised value retained for the 2022 and 2023 tax years, and highlighted the appraised value and property tax revenues for the last nine years. Page 1 of 2 Deputy Mayor Pro-Tem Andres made a motion to receive the 2023 Annual Report as presented. Commissioner Fletcher seconded that motion. Motion carried with a 8-0 vote. Adjourn. The meeting was adjourned at 5:43 p.m. These minutes were approved on the 28th day of January 2025. ATTEST: Michelle Lewis Sirianni, Town Secretary APPROVED: David F. Bristol, Mayor ZEXAS Page 2 of 2