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06.25.2019 Town Council, PEDC Joint Minutes1 PIR MINUTES Joint Meeting of the OWN OF Prosper Town Council and the SPEProsper Economic Development Corporation Board of Directors Council Chambers Prosper is a place where everyone matters. Prosper Town Hall 200 S. Main Street, Prosper, Texas AGENDA BRIEFING Tuesday, June 25, 2019 Call to Order/Roll Call. The meeting was called to order at 5:48 p.m. Council Members Present: Mayor Ray Smith Mayor Pro -Tern Curry Vogelsang, Jr. Councilmember Marcus E. Ray Councilmember Meigs Miller Councilmember Jeff Hodges Council Members Absent: Deputy Mayor Pro -Tern Jason Dixon Councilmember Craig Andres Prosper Economic Development Corporation Board Members Present: Mayor Ray Smith Jim Wicker, President David Bristol, Vice -President Roger Thedford, Treasurer Reno Jones Don Perry Board Members Absent: Jordan Simms, Secretary Staff Members Present: Harlan Jefferson, Town Manager Terry Welch, Town Attorney Robyn Battle, Town Secretary/PIO Alex Glushko, Planning Manager Todd White, Building Official Pete Anaya, Assistant Director of Engineering Services — Capital Projects Chuck Springer, Executive Director of Administrative Services Kelly Neal, Finance Director Dudley Raymond, Parks and Recreation Director Doug Kowalski, Police Chief Stuart Blasingame, Fire Chief Page 1 of 3 2. Legislative Update. Rick Dennis of HillCo Partners, the Town's government affairs consulting firm, provided an update on the 86th Texas Legislative Session. Critical issues identified during the legislative session included overhauling school finance, property tax reform, and the Hurricane Harvey response. Senate Bill 2 will enact a revenue cap for municipalities. The final version of the bill allows a 3.5% revenue increase before triggering an automatic ratification election. It also contains a "banking" provision that allows taxing units to tap into unused revenue cap funds from the three previous budget years, and removed debt sources that are not voter approved (such as Certificates of Obligation) from the 3.5% cap calculation. The legislature enacted several bills that preempt local authority in several policy areas. House Bill 2439, effective September 1, 2019, prohibits municipalities from enforcing certain regulations for building products, materials, or methods in the construction of residential or commercial buildings. House Bill 852 prevents municipalities from determining the amount of building and inspection permit fees based on the value of the property, or the construction cost. House Bill 1631 prohibits municipalities from using photographic technology (red light cameras) to enforce traffic laws. House Bill 2496 requires municipalities to either gain property owner consent before designating property as a historical site, or obtain a 75% approval vote from the governing body. No major changes were made in the areas of local debt issuance, or charter amendment elections. Legislation related to Chapter 312 (tax abatement) Agreements was reauthorized, and the scope and authority of Economic Development Corporations was protected. While attempts were made, no legislation was adopted to restrict the use of eminent domain to acquire land for public projects. The Texas Municipal Retirement System was strengthened, and a municipal sales tax cap was avoided. Municipalities also retained the right to have registered lobbyists work on their behalf. An omnibus hotel convention center bill, House Bill 4347, was signed into law after it was improved to do away with a sunset provision. The bill would allow Prosper and other municipalities to execute a hotel convention center project under Chapter 351 of the Tax Code. Mr. Dennis added that the regulation of building materials will likely be revisited in the next legislative session. Responding to a question from Council, he stated that most legislation is not typically retroactive, so projects that are initiated after September 1, 2019, would most likely not be subject to any future revisions of the law. 3. Adjourn. The meeting was adjourned at 6:45 p.m. on Tuesday, June 25, 2019. These minutes approved by the Prosper Town Council on the 9th day of July 2019. APPROVED: Ray Smith, M yor Page 2 of 3 1 1 These minutes approved by the Prosper Economic Development Corporation on the 21s, day of August , PRO • • R O`S� ; APPROVED: Jim Wicker, President •• Prosper Economic Development Corp. TE X p,S ATTEST: I I I I I �&Jihd4�� Robyn attle, Town Secretary Page 3 of 3