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, March 23, 2022 12:00 PM Development Service Center Training Rooms 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, March 23, 2022, at 12:00 p.m. in the Development Service Center Training Rooms 1 & 2 at 401 N. Elm Street, Denton, Texas at which the following items will be considered: 1. ITEMS FOR CONSIDERATION A. TIF22-001 Consider approval of the minutes of November 11, 2021. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Draft Minutes of Nov 17 2021 B. TIF22-002 Receive nominations and elect a vice chair for the Downtown Tax Increment Financing Reinvestment Zone No. 1 Board. Attachments: Exhibit 1 - Agenda Information Sheet C. TIF22-003 Receive a report, hold a discussion, and make a recommendation to the City Council regarding a Downtown Reinvestment Grant Program application for 222 S. Elm St. in the amount of $50,000. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Grant Application Exhibit 3 - Presentation D. TIF22-004 Receive a report, hold a discussion, and make a recommendation to the City Council regarding a Downtown Reinvestment Grant Program application for 305 S. Locust by Russell Madden of 310 S. Locust LLC. in the amount of $50,000. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Grant Application Exhibit 3 - Presentation E. TIF22-005 Receive a report, hold a discussion, and make a recommendation to the City Council regarding a Downtown Reinvestment Grant Program application for 309 - 311 S. Locust by Russell Madden of 310 S. Locust LLC., in the amount of $35,000. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Grant Application Exhibit 3 - Presentation F. TIF22-006 Receive a report, hold a discussion and make a recommendation to City Council regarding the 2019-2020 Downtown Tax Increment Reinvestment Zone No. 1 Annual Page 1 Printed on 3/18/2022 Downtown Denton Tax Increment Meeting Agenda March 23, 2022 Financing Zone No. 1 Board Report. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Draft Downton TIRZ No 1 2020-2021 Annual Report Exhibit 3 - Presentation G. TIF22-007 Staff Reports: 1. Status of active Downtown Reinvestment Grants 2. Next meeting May 25, 2022 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 I certify that the above notice of meeting was posted on the official website (https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E. McKinney Street, Denton, Texas, on March 18, 2022, 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 2 Printed on 3/18/2022