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IS THERE ANYONE WHO WISHES TO SPEAK? SEEING NONE, CITIZEN COMMENTS IS CLOSED.
[III.1. Consider approval of the Interlocal Agreement with Hays County for Tax Increment Reinvestment Zone #6 (TIRZ #6).]
ONE, CONSIDER APPROVAL OF AN, UH, INTERLOCAL AGREEMENT HAYES COUNTY FOR TAX INCREMENT REINVESTMENT ZONE NUMBER SIX.GOOD AFTERNOON, CHAIR AND BOARD MEMBERS.
MY NAME IS STEPHANIE LEVY WITH NORTON ROSE FULBRIGHT.
I'M BOND COUNCIL FOR THE CITY.
SO TOUR NUMBER SIX IS, UH, THE DOWNTOWN TOUR.
WITHIN THE DOWNTOWN MASTER PLAN, MULTIPLE INFRASTRUCTURE PROJECTS WERE IDENTIFIED, WHICH WOULD HELP FACILITATE DEVELOPMENT DOWNTOWN AND IMMEDIATELY EAST OF I 35, ALONG FM ONE 50.
TOUR SIX WAS CREATED BY THE CITY ON DECEMBER 19TH, 2022, OR SORRY, DECEMBER 19TH, 2023.
IN ORDER TO GENERATE REVENUES, WHICH CAN BE DEDICATED FOR THESE PROJECTS, PROJECTS WOULD INCLUDE ROADS, STORM WATER, PARKING, INCLUDING PARKING GARAGES FOR DOWNTOWN SIDEWALKS AND TRAILS, SOME LINEAR PARK IMPROVEMENTS, PROPOSED NEW ADMINISTRATIVE FACILITY, UM, AND THEN ALSO LAND FOR FLOODPLAIN MANAGEMENT AND THE POTENTIAL FOR SOME THREE 80 AGREEMENTS.
SO TONIGHT'S MEETING IS THE INITIAL MEETING OF TOUR BOARD SIX.
UH, WE'LL KIND OF WALK THROUGH BOTH AN INTERLOCAL AGREEMENT THAT'LL BE EXECUTED BETWEEN THE CITY AND HAYES COUNTY, AND THEN ALSO ADOPTION OF THE FINAL PLAN FOR THIS TOUR.
THIS SLIDE SIMPLY SHOWS BOUNDARIES OF THE TOUR.
THIS WAS PRESENTED BOTH TO CITY AND COUNTY.
UH, THE BOUNDARIES OF THE TOUR COMPRISE 229 ACRES AND CONSISTS OF 373 SEPARATE TAX ID PARCELS.
ON FEBRUARY 20TH, 2024, THE CITY COUNCIL AMENDED THE PRELIMINARY PROJECT AND FINANCE PLAN FOR TOUR SIX, WHICH INCORPORATED COMMENTS THAT WERE PROVIDED BY THE COMMISSIONER'S COURT OF HAYES COUNTY.
HAYES COUNTY HAS SEEN THAT AMENDED PLAN, AND HAYES COUNTY HAS ALSO PREVIOUSLY AUTHORIZED THE EXECUTION OF THE INTERLOCAL AGREEMENT.
SO FOR TONIGHT'S BOARD MEETING, WE HAVE ELECTION OF INITIAL OFFICERS ADOPTION OF A SEAL, AND THEN COUNCIL APPROVAL OF PRO, UH, FINAL PROJECT AND FINANCING PLAN AND THE TOURS AGREEMENT.
SO HAPPY TO ANSWER ANY QUESTIONS THAT YOU ALL MAY HAVE.
UH, THE INTERLOCAL AGREEMENT ITSELF IS SIMPLY THE FUNDING MECHANISM THROUGH WHICH THE COUNTY PROVIDES TURS REVENUES TO THE CITY ON AN ANNUAL BASIS.
SORRY, IT MIGHT JUST BE A A QUESTION RANDOMLY, BUT, UM, IN THIS, SINCE IT'S DOWNTOWN AND IT DOES AFFECT A LOT OF OUR OLDER PARTS OF THE CITY, IS IT POSSIBLE TO EX ADD INTO IT, UM, FOR BEAUTIFICATION AND PRESERVATION OF HISTORIC BUILDINGS AND, AND THINGS OF, OF THAT NATURE? IS THAT TURS FUNDABLE JUST TO PRESERVE ANYTHING HISTORIC IN, IN THIS DOWNTOWN AREA AND BEAUTIFICATION? SO UNDER STATE LAW FOR PRIVATE PROPERTY BUILDINGS, UH, THERE ARE CERTAIN FACADE IMPROVEMENTS THAT CAN BE FUNDED, UH, THROUGH TOURISM REVENUES, BUT THAT WOULD KIND OF BE THE EXTENT OF BEAUTIFICATION PROJECTS AS IT RELATES TO PRIVATELY OWNED, UM, BUILDINGS.
BUT THOSE PROJECTS ARE NOT CURRENTLY IN OUR TOUR PLAN.
SO ANY HISTORICAL BUILDINGS OR LAND, UH, WE COULDN'T FUND OUT OF THE TOURS, YOU COULD COME BACK WITH AN AMENDED MM-HMM.
IT, IT IS JUST SOMETHING TO KEEP IN MIND IN THIS DOWNTOWN TOURS BECAUSE, UH, OF THE, THE HISTORY OF KYLE IS, IS IN THIS AREA.
AND I MEAN, AS YOU WORK, WORK THROUGH, YOU KNOW, THE, THE TOURIST FINANCING OR THE, THE STEPS TO CREATE THE TOURIST, RIGHT? WE, WE'VE CREATED THE TOURIST AND WE'VE HAD THE PRELIMINARY PLAN KIND OF SOLICITED FEEDBACK ASSOCIATED WITH THAT PLAN AND ARE BRINGING BACK THE FINAL PLAN, UM, TO BOTH THE TOURIST BOARD AND CITY COUNCIL TONIGHT.
AND SO THE PROJECTS THAT WE HAVE IN THOSE AND THE PLAN FOR NAIL ARE THE INITIAL PROJECTS THAT HAVE BEEN IDENTIFIED, UH, FOR
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FUTURE TOURIST REVENUES.BUT CERTAINLY AS THE TOUR ITSELF GETS OFF THE GROUND AND EVOLVES, WE CAN UPDATE THAT PLAN TO INCORPORATE MORE PROJECTS.
UM, JUST TO BE CLEAR AND ANY CHANGES, AMENDMENTS TO THET PLAN OR SCOPE OF WORK HAS TO BE BROUGHT BACK TO THE COUNTY, RIGHT? CHANGES TOT PLANS UNDER THE ILA HAVE TO BE BROUGHT BACK TO THE COUNTY.
UM, AND AS WE HAVE HERE, EVEN WITHIN THIS PLAN ITSELF, CERTAIN OF THESE PROJECTS ARE TOURISTS ARE COUNTY FUNDED, CERTAIN OF PROJECTS ARE NOT TOURIST FUNDED.
UM, UNDER THE CURRENT INTERLOCAL AGREEMENT, FOR EXAMPLE, THE CITY ADMINISTRATIVE FACILITY, THE COUNTY HAS DECIDED AT THIS TIME THAT INITIALLY COUNTY FUNDS WOULD NOT BE ELIGIBLE TO PAY ANY COSTS ASSOCIATED WITH THAT ADMINISTRATIVE FACILITY AS DEVELOPMENT OCCURS.
AND THAT FACILITY KIND OF GATHERS A, A GREATER VISION THE COUNTY IS OPENING TO FUTURE DISCUSSIONS OR FURTHER NEGOTIATIONS RELATED TO THE AVAILABILITY OF COUNTY FUNDS TO BE DEDICATED TO THAT PROJECT, UM, IN EXCHANGE FOR COUNTY OFFICE SPACE WITHIN THE BUILDING.
BUT THAT'S KIND OF ALL THINGS THAT WOULD COME AT SOME POINT IN THE FUTURE.
BUT UNDER TERMS OF THE INITIAL ILA, UM, COUNTY REVENUES WOULD NOT BE AVAILABLE FOR THAT PROJECT.
I GUESS WHAT WE'VE GOTTA UNDERSTAND ALSO COUNCILMAN ZUNIGA THAT EVEN THOUGH IT'S CONSIDERED, WE'RE DOWNTOWN IN A LOT OF THESE BUILDINGS ARE OLD BUILDINGS, UH, THEY ARE PRIVATE PROPERTY AND UH, I LOOK AT IT AS YOU CAN'T REALLY GO AND FORCE THESE PEOPLE TO SAY THIS IS GOING TO BE A HISTORICAL MARKER.
'CAUSE THERE'S GOTTA BE SOME SIGNIFICANCE BEHIND THAT ACTUAL PROPERTY ITSELF.
SO AS MUCH AS I KNOW A LOT OF PEOPLE ARE, ARE WANTING US TO PRESERVE AS MUCH AS WE CAN, SOME OF THESE THINGS ARE, ARE MAYBE OUT OF OUR, OUT OF OUR, OUT OF OUR SCOPE.
ALRIGHT, WELL I'M JUST LOOKING AT LIKE THE TRAIN DEPOT, THE UH, OH YEAH, THOSE COURSE, THEY'VE ALREADY GOT THE MARKET THERE AND THERE'S AN OLD JAIL.
I THINK THERE'S AN OLD JAIL OR BUILDING UP THERE.
PORT WOULD NOT BE IN DIFFERENT, THE OLD, THE ORIGINAL.
BUT WE HAVE LIKE, THERE IS A MARKING THERE JUST LIKE THE, THE TREE ON SLED STREET.
THOSE THINGS ARE ALREADY, ARE DONE ON THAT SENSE.
WE JUST, I JUST THINK IT'S ALSO WORTH NOTING THAT THIS IS, THAT THET R SIX FUNDING MECHANISMS NOT THE ONLY DOLLARS THAT WE HAVE FOR DOWNTOWN PROJECTS.
SO IT'S JUST A WAY OF BRINGING DOLLARS TOGETHER AND SETTING SOME PROJECTS IN MOTION.
BUT WITH LIKE WHAT YOU'RE TALKING ABOUT, I THINK WE JUST DID A DOWNTOWN REVITALIZATION GRANT PROGRAM, 75,000 THAT'S NOT COMING OUT OF TIER SIX.
WE, WE STILL HAVE THE ABILITY TO INVEST OR DOWNTOWN IS, I GUESS MY POINT AND, AND I WOULD JUST SAY IF, IF THERE'S A PARTICULAR PROJECT THAT COMES UP, WE COULD TAKE IT TO THIS BOARD OR THROUGH OTHER FUNDING AS THE MAYOR MENTIONED AND THEN SEE HOW WE'D WANT TO, UH, ACCOMPLISH THAT.
BUT RIGHT NOW, THIS IS THE PLAN THAT WE HAVE THAT'S BEEN DISCUSSED.
SECONDED BY, UH, MAYOR PRO TEM.
UH, IS THERE DISCUSSION ON THE MOTION? ALL THOSE IN FAVOR SAY AYE.
[III.2. Adopt an Official Seal for Tax Increment and Reinvestment Zone Number Six]
AGENDA ITEM NUMBER TWO, ADOPT AN OFFICIAL SEAL FOR TAX INCREMENT REINVESTMENT ZONE NUMBER SIX.UH, AND THIS IS PURELY JUST AN ADMINISTRATIVE MATTER.
UH, DOES ANYBODY HAVE ANY COMMENTS THEY WANNA MAKE ON THE SEAL? MOTION TO APPROVE.
SECONDED BY, UH, COMMISSIONER COHEN.
IS THERE A DISCUSSION ON THE MOTION? WAS IT YOU COMMISSIONER? I, I, I JUST, IT'S TOO MANY.
THANK YOU FOR HOW TO DO THIS JOB.
UH, ANY DISCUSSION ON THE MOTION? ALL RIGHT.
ALL OPPOSED? ALL MOTION CARRIES.
[III.3. Consider nominations to elect officers of the Board of Directors of the Tax Increment and Reinvestment Zone Number Six, City of Kyle, Texas.]
UP, AGENDA ITEM THREE, CONSIDER NOMINATIONS TO ELECT OFFICERS OF THE BOARD OF DIRECTORS OF UH, TERMS NUMBER SIX.YOUR NAME'S ON IT? WE HAVE TO.
WELL, UH, STATE STATUTE SPECIFIES THAT THE MAYOR IS THE CHAIR FOR THE INITIAL TERM.
AND SO ANY OTHER CHAIR, ANY OTHER BOARD POSITIONS THAT YOU ALL WOULD LIKE TO ELECT YOU COULD ELECT AT THIS TIME.
DOES ANYBODY WANT TO, UH, CONSIDER THEMSELVES OR NOMINATE SOMEONE FOR VICE CHAIR COMMISSIONER INGLESBY? I'LL DO IT.
I, I, I THINK I'D LIKE TO GET ONE OF THE COMMISSIONERS JUST TO GIVE THE COUNTY A, UH, UH, A SEAT AT THE TABLE.
THANK SHE DID NOT WANT, UH, MOTION TO MAKE
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THE MAYOR, THE CHAIR.AND COMMISSIONER COHEN VICE CHAIR.
UH, THAT WE APPOINT THE MAYOR AS CHAIR AND THE COMMISSIONER COHEN AS THE VICE CHAIR FOR CHURCH NUMBER SIX.
IS THERE DISCUSSION ON THE MOTION? ALL THOSE IN FAVOR SAY AYE.
ALL OPPOSED? ALL MOTION CARRIES NINE TO ZERO.
[III.4. Consider approval of a resolution of the Board of Directors for the Tax Increment and Reinvestment Zone Number Six, City of Kyle, Texas adopting the Final Project and Financing Plan for the Zone and recommending approval of the Final Plan to the City Council of the City of Kyle, Texas.]
AGENDA ITEM FOUR, CONSIDER APPROVAL OF THE RESOLUTION OF THE BOARD OF DIRECTORS FOR JUROR SIX, ADOPTING THE FINAL PROJECT AND, UH, FINANCING PLAN, MS. LEVI? SURE.SO AGAIN, SO THIS AGENDA ITEM IS CLOSELY RELATED TO THE FIRST AGENDA ITEM, UH, APPROVING THE ILA.
SO WE'VE COME A NUMBER OF TIMES BOTH THE CITY COUNCIL AND COMMISSIONER'S COURT TO WORK THROUGH THE PRELIMINARY PROJECT AND FINANCE PLAN.
WE'VE TAKEN AND PUT, PRODUCED THE FINAL PLAN, WHICH AGAIN PROVIDES A REVENUE PROJECTION FOR T REVENUES, UH, WITHIN THE ZONE ITSELF, AND ALSO PROJECT LISTS.
ANY OF THE PROJECTS IDENTIFIED IN THAT PROJECT LIST ARE ELIGIBLE TO TOURIST FUNDING AS AGAIN, SUBJECT TO THE CONDITIONS OF THE ILA AND THE ILA WILL SPECIFY THOSE PROJECTS THAT THE COUNTY'S CURRENTLY NOT PARTICIPATING IN.
UM, THE, THE ACTION TO BE TAKEN BY THE BOARD RIGHT NOW IS JUST A, A RECOMMENDATION OR APPROVAL OF THE PLAN AND A RECOMMENDING THAT COUNCIL ADOPTS THAT PLAN AS THE FINAL PLAN FOR THE TOUR.
AND SO THIS PLAN, THIS FINAL PROJECT AND FINANCE PLAN IS BOTH ON THE TOURIST BOARD AGENDA FOR TAY AND IT'LL ALSO BE ON CITY COUNCIL AGENDA FOR THIS EVENING.
DOES ANYBODY HAVE ANY QUESTIONS OR COMMENTS WITH REGARDS TO THE TOUR PLAN? I KNOW WE'VE JUST DISCUSSED IT.
MOTION BY COMMISSIONER INGLESBY.
TIM THAT WE APPROVE THE PRELIMINARY ILA.
UH, IS THERE DISCUSSION ON THE MOTION? ALL IN FAVOR SAY AYE.