Economic Development Partnership Board

City Hall City of Denton 215 E. McKinney St. Denton, Texas 76201 www.cityofdenton.com Meeting Agenda Economic Development Partnership Board Wednesday, March 8, 2017 11:00 AM Denton Chamber of Commerce, 414 W. Parkway, Denton, Texas, 76201 After determining that a quorum is present, the Economic Development Partnership Board of the City of Denton, Texas, will convene in a Work Session on Wednesday, March 8, 2017 at 11:00 a.m. at the Chamber of Commerce, 414 W. Parkway, Denton, Texas 76201 at which the following items will be considered: 1. WORK SESSION A. EDP17-007 Receive a report, hold a discussion, and make a recommendation to City Council regarding a fourth amendment to the economic development program grant agreement with Allegiance Hillview, L.P. (now Allegiance GL LLC, DB Denton II LLC, and Rayzor Ranch 380 Associates, LLC) for the Rayzor Ranch development. Attachments: Exhibit 1- Draft 4th Amendment Exhibit 2- Draft Certificate of Compliance Exhibit 3- Rayzor Ranch Hirstory Exhibit 4- 4th Amendment PowerPoint B. EDP17-008 Receive a report, hold a discussion, and appoint or reappoint Downtown Task Force members. Attachments: 2017 proposed slate Following the completion of the Work Session, the Economic Development Partnership Board will convene in a Closed Meeting to consider specific items when these items are listed below under the Closed Meeting section of this agenda. The Economic Development Partnership Board reserves the right to adjourn into a Closed Meeting on any item on its open meeting agenda consistent with Chapter 551 of the Texas Government Code, as amended, or as otherwise allowed by law. 1. CLOSED MEETING A. EDP17-014 Deliberations regarding Economic Development Negotiations - Under Texas Government Code Section 551.087. Receive a report and hold a discussion regarding a fourth amendment to economic development program grant agreement for Allegiance Hillview, L.P. (now Allegiance GL LLC, DB Denton II LLC, and Rayzor Ranch 380 Associates, LLC). This discussion shall include commercial and financial information the City has received from Allegiance Hillview, L.P. Company, which the City seeks to have locate, stay, or expand in or near the territory of the city, and with which the Economic Development Partnership Board is conducting economic development negotiations, including the offer of financial or other incentive; deliberate the amendment to the economic development program grant agreement between the City of Denton Page 1 Printed on 3/3/2017 Economic Development Partnership Meeting Agenda March 8, 2017 Board City of Denton and Allegiance Hillview, L.P. Following the completion of the Closed Meeting, the Economic Development Partnership Board will convene in a Regular Meeting at which the following items will be considered: 1. REGULAR MEETING A. EDP17-010 Consider approval of the minutes of the October 12, 2016, meeting. Attachments: Exhibit 1 EDP MINUTES 10 12 2016 B. EDP17-012 Consider approval of the minutes of the December 14, 2016, meeting. Attachments: Exhibit 1 EDP MINUTES 12 14 2016 C. EDP17-009 Staff Reports: 1. Chamber of Commerce March 2017 EDP Activity Report Attachments: March 2017 EDP Board Report 2. CONCLUDING ITEMS A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the Economic Development Partnership Board or the public with specific factual information or recitation of policy, or accept a proposal to place the matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the Texas Open Meetings Act, provide reports about items of community interest regarding which no action will be taken, to include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition of a public official, public employee, or other citizen; a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality; or an announcement involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the agenda. CERTIFICATE I certify that the above notice of meeting was posted on the bulletin board at the City Hall of the City of Denton, Texas, on the ________day of ___________________, 2017 at ________o'clock (a.m.) (p.m.) ____________________________________ CITY SECRETARY NOTE: THE CHAMBER OF COMMERCE IS HANDICAP-ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY WILL PROVIDE SIGN LANGUAGE INTERPRETERS FOR THE HEARING IMPAIRED IF REQUESTED AT LEAST 48 HOURS IN ADVANCE OF THE SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940/349-8309 OR USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX SO THAT A SIGN LANGUAGE INTERPRETER CAN BE SCHEDULED THROUGH THE CITY SECRETARY'S OFFICE. City of Denton Page 2 Printed on 3/3/2017