City Council Worksession

CITY COUNCIL WORKSESSION Monday, December 15, 2025 6:00 PM Iowa Colony City Council Chambers, 3144 Meridiana Parkway Iowa Colony, Texas 77583 Phone: 281-369-2471 • Fax: 281-369-0005 • www.iowacolonytx.gov THIS NOTICE IS POSTED PURSUANT TO THE TEXAS OPEN MEETING ACT (CHAPTER 551 OF THE TEXAS GOVERNMENT CODE). THE CITY COUNCIL OF IOWA COLONY WILL HOLD A WORKSESSION AT 6:00 PM ON MONDAY, DECEMBER 15, 2025 AT IOWA COLONY CITY HALL, 3144 MERIDIANA PARKWAY, IOWA COLONY, TEXAS 77583 FOR THE PURPOSE OF DISCUSSING THE FOLLOWING ITEMS. Requests for accommodations or interpreter services must be made 48 hours prior to this meeting. Please contact the City Secretary at 281-369-2471. Taxpayer Impact Statement This statement presents the estimated annual property tax bill for a median-valued homestead in Iowa Colony ($416,981) and compares it under the current revenue rate and the proposed tax rate options. Tax Rate Scenario Tax Rate per $100 Valuation Estimated Annual Tax Bill Difference from Current Year Current FY 2024-25 $0.519209 $2,165.00 - No-New Revenue Rate $0.481864 $2,009.28 -155.72 Proposed Rate FY 2025-26 $0.519209 $2,165.00 No change Adopted Budget A physical copy is available at City Hall and online at https://www.iowacolonytx.gov/ CALL TO ORDER CITIZEN COMMENTS An opportunity for the public to address City Council on agenda items or concerns not on the agenda. To comply with Texas Open Meetings Act, this period is not for question and answer. Those wishing to speak must identify themselves and observe a three-minute time limit. ITEMS FOR DISCUSSION 1. Discussion on the preparation of an Economic Development Strategy, including but not limited to identifying overall strategic approaches, determining effective outreach methods to attract targeted commercial development, and evaluating the potential use of third-party services. 2. Discussion on the exploration of outreach to Amazon concerning a potential Amazon Grocery project. 3. Discussion on Budget Amendment No. 1. to the FY2025-26 City Budget. ADJOURNMENT I, Kayleen Rosser, hereby certify that the above notice of meeting of the Iowa Colony City Council was posted pursuant to the Texas Open Meeting Act (Chapter 551 of the Texas Government Code) on December 9, 2025. _________________________________ Kayleen Rosser, City Secretary