Tax Increment Reinvestment Zone Number One Board

City Hall City of Denton 215 E. McKinney St. Denton, Texas 76201 www.cityofdenton.com Meeting Agenda Downtown Denton Tax Increment Financing Zone No. 1 Board Wednesday, July 28, 2021 12:00 PM Development Service Center Training Rooms NOTE: A quorum of the Downtown Denton Tax Increment Financing Reinvestment Zone No. 1 Board, at time of posting, identified to be Chair Melissa Lenaburg, Vice Chair Alex Payne, and Members Ben Esely, Paul Meltzer, and Jimmy Meredith will be participating in the meeting in person. After determining that a quorum is present, the Downtown Denton Tax Increment Financing Reinvestment Zone No. 1 Board of the City of Denton, Texas, will convene in a Regular Meeting on Wednesday, July 28, 2021, at 12:00 p.m. in the Development Service Center Training Rooms, 401 N. Elm St., Denton, Texas at which the following items will be considered: 1. ITEMS FOR CONSIDERATION A. TIF21-020 Consider approval of the minutes of May 26, 2021. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Draft Minutes of May 26, 2021 B. TIF21-021 Receive a report, hold a discussion, and make a recommendation to the City Council regarding a Downtown Reinvestment Grant Program application for 225 W. Oak St., Ste. A (Salvage Secondhand Shoppe). Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Grant Application Exhibit 3 - Presentation C. TIF21-022 Receive a report, hold a discussion, and make a recommendation to City Council regarding a proposed funding transfer of $102,451.25 from the Downtown Tax Increment Reinvestment Zone (TIRZ) Sidewalk and Lighting Project to the Downtown Storm Drain Phase 1 Project to allow for the construction of a segment of sidewalk along McKinney Street from Frame Street to Bell Place. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Draft Ordinance Exhibit 3 - 2018-003 D. TIF21-023 Receive a report, hold a discussion, and give staff direction regarding funding for an update to the Downtown Master Plan. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Community Vision Statement Exhibit 3 - Downtown Master Plan Exhibit 4 - Downtown Master Plan Update Scope of Work and Fee Exhibit 5 - Presentation Page 1 Printed on 7/23/2021 Downtown Denton Tax Increment Meeting Agenda July 28, 2021 Financing Zone No. 1 Board E. TIF21-024 Receive a report, hold a discussion, and give staff direction regarding proposed changes to the Downtown Reinvestment Grant Program. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Downtown Reinvestment Grant Program (Current) Exhibit 3 - Downtown Reinvestment Grant Program (Redline) Exhibit 4 - Scoring Sheet (Current) Exhibit 5 - Scoring Sheet (Redline) Exhibit 6 - Program Update Worksheet F. TIF21-026 Receive a report, hold a discussion, and give staff direction regarding an amendment to the Downtown Tax Increment Financing Reinvestment Zone No. 1 Project Plan. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Ordinance 2014-221 Project Plan Exhibit 3 - Presentation G. TIF21-019 Receive a report, hold a discussion, and give staff direction regarding the FY 2021-22 Downtown Denton Tax Increment Refinancing Zone No. 1 budget. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Presentation H. TIF21-025 Staff Reports: 1. Openings: Delamar Place (116 W. College St.), Square 9 Leasing (315 N. Locust St.) 2. Coming Soon: Free Play (101 W. Hickory St.), Two Gentlemen of Verona (120 W. Oak St.), Shuck Me (311 N. Elm) 3. Status of Reinvestment Grant: Chi Dao (104 W. McKinney St.) 4. Next meeting: September 22, 2021 2. CONCLUDING ITEMS A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the Downtown Denton Tax Increment Financing Reinvestment Zone No. 1 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. NOTE: The Downtown Denton Tax Increment Financing Reinvestment Zone No. 1 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. CERTIFICATE Page 2 Printed on 7/23/2021 Downtown Denton Tax Increment Meeting Agenda July 28, 2021 Financing Zone No. 1 Board I certify that the above notice of meeting was posted on the official website (https://www.cityofdenton.com/en-us/government/open/agendas-minutes) and bulletin board at City Hall, 215 E. McKinney Street, Denton, Texas, on July 23, 2021, in advance of the 72-hour posting deadline, as applicable, and in accordance with Chapter 551 of the Texas Government Code. ____________________________________ CITY SECRETARY NOTE: THE CITY OF DENTON'S DESIGNATED PUBLIC MEETING FACILITIES ARE ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY WILL PROVIDE ACCOMMODATION, SUCH AS 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 REASONABLE ACCOMMODATION CAN BE ARRANGED. Page 3 Printed on 7/23/2021