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, November 16, 2022 12:00 PM Development Service Center Training Rooms SPECIAL CALLED 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 Special Called Meeting on Wednesday, November 16, 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. TIF22-022 Consider approval of the minutes of July 27, 2022. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Draft Minutes of July 27, 2022 B. TIF22-016 Receive nominations and elect a vice-chair and secretary for the Downtown Tax Increment Reinvestment Zone No. 1. Attachments: Exhibit 1 - AIS C. TIF22-017 Receive a report, hold a discussion, and make a recommendation to the City Council regarding a Downtown Reinvestment Grant Program application for 214 W. Hickory St. by Theatre Denton. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - Application 214 W Hickory Exhibit 3 - Certificate of Appropriateness Exhibit 4 - Presentation D. TIF22-018 Receive a report, hold a discussion, and make a recommendation to City Council to adopt an update to the Downtown Reinvestment Grant Program Policy for the Downtown Reinvestment Grant Program. Attachments: Exhibit 1 - Fire Suppression Exhibit 2 - Downtown Reinvestment Grant Program_REDLINE Exhibit 3 - Fire Prevention Program E. TIF22-019 Receive a report, hold a discussion, and give staff direction regarding the Updated Downtown Tax Increment Reinvestment Zone No. One study and analysis conducted by TXP, Inc. and staff. Page 1 Printed on 11/10/2022 Downtown Denton Tax Increment Meeting Agenda November 16, 2022 Financing Zone No. 1 Board Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - TIRZ Project Summary and Timeline Exhibit 3 - TXP Scope of Work Exhibit 4 - RTKL Catalyst Study Exhibit 5 - Presentation F. TIF22-024 Receive a report, hold a discussion, and give staff direction regarding project categories considered for TIRZ project costs in order to update the TIRZ Project and Financing Plans. Attachments: Exhibit 1 - Agenda Information Sheet Exhibit 2 - TIRZ Project Plan Exhibit 3 - TIRZ Finance Plan Exhibit 4 - Presentation G. TIF22-023 Staff Reports: 1. Downtown Reinvestment Grant Update 2. Openings: El Taco H, 213 E. Hickory St 3. Next meeting is January 25, 2023 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 ____________________________________ CITY SECRETARY Page 2 Printed on 11/10/2022 Downtown Denton Tax Increment Meeting Agenda November 16, 2022 Financing Zone No. 1 Board 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. 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 November 10, 2022, in advance of the 72-hour posting deadline, as applicable, and in accordance with Chapter 551 of the Texas Government Code. Page 3 Printed on 11/10/2022