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TIF #2 Board of Directors Minutes - 08/08/2005CITIZENS ADVISORY COMMITTEE PROPOSED TAX INCREMENT FINANCING ZONE #2 MINUTES AUGUST 8, 2005 Members: Ben Filer, Chairman Ann Bishop Al Flack, Jr. Susan Plies James Welburn Charles Elmore, Council Liaison David A. Clark, Director of Community Development Karen Gagne, Planner III Diane Parker Scott Taylor, Director of Public Works Others Present: Jim Ginnings, Councilor Andy Lee — Andy Lee Co./Blackburn Properties Jon Moller I. Call to Order Chairman Filer called the meeting to order at 4:05 p.m. II. Approval of Minutes Mr. Flack made a motion to approve the minutes of the June 30, 2005 meeting as submitted; Mr. Welburn seconded. The minutes were approved unanimously. III. Progress Report — TIF #2 Creation Process Mr. Clark updated the Committee regarding the combination of The Project Plan with The Financial Plan to create one document. Approximately twenty minor additions were made to expand explanations or for clarification. IV. Plan Review and Discussion — Recommendation to Council Mr. Jim Ginnings, Wichita Falls City Councilor, introduced discussion regarding an alternative plan for the Maplewood connection via Arizona Street. There was discussion among the members regarding the actual construction of the roadway, costs of water and sewer utility modifications, traffic considerations, CITIZENS ADVISORY COMMITTEE - TIF #2 AUGUST 8, 2005 and the possible effect on a nearby school. Mr. Scott Taylor, Director of Public Works, stated he is in the process of reviewing costs and the viability of the proposal. Upon completion of his review, he will report his findings to this Committee. Mr. Flack made a motion to recommend to City Council to establish the Tax Increment Financing District #2 as outlined in The Project Plan; to adopt The Plan; and to consider expansion of the District boundary, if the study of an Arizona Street alignment for the Maplewood extension should determine that the route is less disruptive and more cost effective. Mr. Welburn seconded. The motion carried. V. Adjournment Mr. Welburn made a motion to adjourn; Mr. Flack seconded. The vote was unanimous to adjourn at 5:11 p.m. Ben Filer, Chairman Date CITIZENS ADVISORY COMMITTEE - TIF #2 AUGUST 8, 2005