Park and Downtown Improvement Corporation

AGENDA Park and Downtown Improvement Corporation 5:30 PM - Tuesday, October 27, 2020 City of Terrell Service Center, 400 Industrial Blvd., Terrell, TX Board Members Tori Lucas, Place 5, President Sarah Kegerreis, Place 2, Vice- President Hillary Heisel, Place 1, Secretary JC Jackson, Place 7, Member Mary Mccoy, Place 3, Member Matt Oakley, Place 6, Member Mayrani Velazquez, Place 4, Member Matt Malone, Ex-Officio Bruce Wood, Ex-Officio City Manager Mike Sims NOTICE IS HEREBY GIVEN that the PADIC Board will conduct a meeting at 5:30 p.m. on Tuesday, October 27, 2020, at Terrell City Hall located at 201 East Nash Street. The meeting is open to the public with limited seating in the Council Chambers. Recommendations of the CDC regarding social distancing will be practiced during the course of the public meeting to slow the spread of the Coronavirus (COVID-19). Page 1. CALL TO ORDER 2. INVOCATION 3. ADOPTION OF MINUTES Page 1 of 6 3.1. Discuss and Consider Approval of the minutes of the Park and 4 - 5 Downtown Improvement Corporation of September 29, 2020. Park and Downtown Improvement Corporation - Sep 29 2020 - Minutes - Pdf 4. NEW BUSINESS 4.1. Discuss Park and Downtown Improvement Corporation Capital Project Plan. 4.2. Discuss Resolution No. 2020-1 in Support of Anderson Building Project. 6 PADIC Resolution 2020-1 5. ADJOURN INTO EXECUTIVE SESSION IN ACCORDANCE WITH SECTION 551 OF THE TEXAS GOVERNMENT CODE TO DISCUSS THE FOLLOWING: 5.1. Section 551.072 Deliberations Regarding Real Property. Section 551.087 Deliberations Regarding Economic Development Negotiations. 6. RECONVENE INTO REGULAR SESSION AND CONSIDER ACTION, IF ANY, ITEMS DISCUSSED IN EXECUTIVE SESSION. 7. ADJOURN. I, the undersigned authority, do hereby certify that the above NOTICE OF MEETING of the PADIC Board is a true and correct copy of said NOTICE, which has been posted on the front OUTDOOR BULLETIN BOARD CABINET FOR AGENDAS of the Terrell City Hall, Terrell, Texas, a place convenient and readily accessible to the General Public and on the website at cityofterrell.org, and which has been continuously posted for a period of seventy-two (72) hours prior to the date and time said meeting was convened. Posted Thursday, October 22, 2020 –5:00 p.m. _______________________________________ Dawn Steil, City Secretary This facility is wheelchair accessible and accessible parking spaces are available. Requests for accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary’s office at 972-551-6600 for further information. Braille is not available. Page 2 of 6 The PADIC Board Reserves the Right to Adjourn into Executive Session to Seek Legal Counsel on a Matter Which the Canon of Legal Ethics Demands to Preserve the Attorney- Client Privilege Pursuant to Section 551.071(2) of the Texas Government Code. Page 3 of 6 ITEM 3.1. Draft MINUTES Park and Downtown Improvement Corporation Meeting 5:30 PM - Tuesday, September 29, 2020 City of Terrell Service Center, 400 Industrial Blvd., Terrell, TX The City of Terrell Council met in Park and Downtown Improvement Corporation on Tuesday, September 29, 2020 at 5:30 PM in the City of Terrell Service Center, 400 Industrial Blvd., Terrell, TX. MEMBERS President Tori Lucas PRESENT: Vice-President Sarah Kegerreis Secretary Hillary Heisel Member JC Jackson Member Mary Mccoy Member Matt Oakley District 3 Mayrani Velazquez MEMBERS ABSENT: STAFF PRESENT: City Manager Mike Sims City Secretary Dawn Steil 1 CALL TO ORDER Tori Lucas called the meeting to order. 2 INVOCATION Hilary Heisel gave the invocation. 3 ADOPTION OF MINUTES a) Discuss and Consider approval of minutes of the PADIC Board Meeting on August 24, 2020. Sarah Kegerreis moved to approve the minutes of the PADIC Board Meeting on August 24, 2020., with Mary Mccoy seconding the motion. Carried by the following votes: Ayes: Sarah Kegerreis, Mary Mccoy, Tori Lucas, Hillary Heisel, JC Jackson, and Matt Oakley 4 NEW BUSINESS a) Discuss Current City-Wide Development Update. City Manager Mike Sims and Municipal Development Director Charles Fenner presented this item to Council for discussion. Park and Downtown Improvement Corporation September 29, 2020 Meeting Page 1 4 of 2 6 ITEM 3.1. Draft b) Discuss the Creation of the Capital Improvement Plan. City Manager Mike Sims presented this item to Council for discussion. 5 ADJOURN INTO EXECUTIVE SESSION IN ACCORDANCE WITH SECTION 551 OF THE TEXAS GOVERNMENT CODE TO DISCUSS THE FOLLOWING: Section 551.087 Deliberations Regarding Economic Development Negotiations. 6 RECONVENE INTO REGULAR SESSION AND CONSIDER ACTION, IF ANY, ITEMS DISCUSSED IN EXECUTIVE SESSION. No action taken. 7 ADJOURN. Tori Lucas, President Attest: Dawn Steil, City Secretary Park and Downtown Improvement Corporation September 29, 2020 Meeting Page 2 5 of 2 6 ITEM 4.2. RESOLUTION NO. 2020-1 A RESOLUTION OF THE PARK AND DOWNTOWN IMPROVEMENT CORPORATION BOARD OF DIRECTORS RECOMMENDING THE TERRELL CITY COUNCIL AUTHORIZE A FUNDING FOR DOWNTOWN BUILDING RENOVATION. WHEREAS, pursuant to the authority granted by the Development Corporation Act, as amended, Chapters 501 and 505 of the Texas Local Government Code (the “Act”), the City Council of the City of Terrell authorized the creation of a non-profit corporation (the “Corporation”) to be named the Park And Downtown Improvement Corporation (“PADIC”) through Resolution No. 920 on February 5, 2019, to act on its behalf by providing capital improvements to parks and the downtown area of the City as authorized under the Act, eligible “projects”; and WHEREAS, such projects are hereby deemed to be for the benefit of the public; and WHEREAS, the Corporation may exercise such other powers for such purposes as may be consistent with the Act, and subject to the approval of the City Council; and WHEREAS, the City of Terrell is an eligible city as defined by Section 4B of the Act; and NOW THEREFORE BE IT RESOLVED BY THE TAX INCREMENT FINANCE REINVESTMENT ZONE NO. ONE: Section 1 That the PADIC Board of Directors hereby authorizes the City Manager to negotiate a Development Agreement on their behalf. Section 2. That the Board hereby authorizes use of PADIC dollars as reimbursement of a portion of renovation expenses not to exceed 20% of the total renovations costs, not to exceed $_____________. Section 3. This Resolution shall be effective immediately after its passage. DULY RESOLVED AND APPROVED by the Board of Directors of the Park and Downton Improvement Corporation on this the ____ day of October, 2020. PARK AND DOWNTOWN IMPROVEMENT CORPORATION By:________________________________ TORI LUCAS, PRESIDENT ATTEST: ________________________________________ DAWN STEIL, CITY SECRETARY Page 6 of 6