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, February 14, 2018 11:00 AM City Council Work Session Room 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, February 14, 2018, at 11:00 a.m. in the Council Work Session Room at City Hall, 215 E. McKinney Street, Denton, Texas at which the following items will be considered: 1. WORK SESSION A. EDP18-006 Receive a report and hold a discussion regarding revisions to the City’s Policy for Tax Abatement and Incentives and Public Improvement District Guidelines. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Draft Revised Policy for Tax Abatement and Incentives Exhibit 3 - Draft Revised Guidelines for PIDs Exhibit 4 - Current Policy for Tax Abatement and Incentives Exhibit 5 - Current PID Guidelines Exhibit 6 - Presentation B. EDP18-016 Receive a report and hold a discussion regarding the current method for fiscal and economic impact analysis of projects requesting incentives. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Presentation C. EDP18-010 Receive a report and hold a discussion regarding an incentive application from United States Cold Storage. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Application Exhibit 3 - Presentation D. EDP18-012 Receive a report and hold a discussion regarding an incentive application from Fisher59. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Application Exhibit 3 - Presentation Following the completion of the Work Session, the Economic Development Partnership Board will convene in a Regular Meeting to consider specific items when these items are listed below under the Regular Meeting section of this agenda. Page 1 Printed on 2/9/2018 Economic Development Partnership Meeting Agenda February 14, 2018 Board NOTE: The Economic Development Partnership Board reserves the right to adjourn into a Closed Meeting as authorized by Texas Government Code, Section 551.001, et seq. (The Texas Open Meetings Act) on any item on its open meeting agenda or to reconvene in a continuation of the Closed Meeting on the closed meeting items noted above, in accordance with the Texas Open Meetings Act, including, without limitation Sections 551.071-551.086 of the Texas Open Meetings Act. Following the completion of the Work Session, the Economic Development Partnership Board will convene in a Regular Meeting at which the following items will be considered: 1. REGULAR MEETING A. EDP18-015 Consider approval of the minutes of the January 10, 2018, meeting. Attachments: Exhibit 1 - 01 10 2018 EDP Minutes B. EDP18-007 Consider a recommendation to the Denton City Council regarding approval of the revised Policy for Tax Abatement and Incentives. Attachments: Exhibit 1 - Agenda Information Sheet C. EDP18-008 Consider a recommendation to the Denton City Council regarding approval of the revised Public Improvement District Guidelines. Attachments: Exhibit 1 - Agenda Information Sheet D. EDP18-011 Consider a recommendation to the Denton City Council regarding an incentive for United States Cold Storage. Attachments: Exhibit 1 - Agenda Information Sheet E. EDP18-013 Consider a recommendation to the Denton City Council regarding an incentive for Fisher59. Attachments: Exhibit 1 - Agenda Information Sheet F. EDP18-014 Staff Reports to the EDP Board: 1. January 2018 City RFI Summary (Exhibit 1) 2. December 2017 STaND Report (Exhibit 2) 3. February 2018 Chamber Activity Report (Exhibit 3) Attachments: Exhibit 1 - January 2018 City RFI Summary Exhibit 2 - December 2017 STaND Report Exhibit 3 - February 2018 Chamber Activity Report 2. CONCLUDING ITEMS Page 2 Printed on 2/9/2018 Economic Development Partnership Meeting Agenda February 14, 2018 Board 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 ___________________, 2018 at ________o'clock (a.m.) (p.m.) ____________________________________ CITY SECRETARY NOTE: THE CITY OF DENTON COUNCIL WORK SESSION ROOM 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. Page 3 Printed on 2/9/2018