[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6264189,"mediaKeyId","3098703-ffeec94bf6d78ab7dda5bd191686e53f","parentId",3098703,"title","Staff briefs TERS board on final TRS No. 5 project and finance plan for Fairfield MUD development","audioSeconds",718,"startMs",1751000,"endMs",2469000,"viewUrl","/Search/View?dp=1&key=3098703-ffeec94bf6d78ab7dda5bd191686e53f&start=1751&end=2469","thumbnailUrl","https://assets.pipeline.soar.com/3098703-ffeec94bf6d78ab7dda5bd191686e53f/thumbnail_1751000.jpg","articleUrl","/articles/6264189/Terrell/Kaufman-County/Texas/Staff-briefs-TERS-board-on-final-TRS-No-5-project-and-finance-plan-for-Fairfield-MUD-development","mediaUrl","https://secure.pipeline.soar.com/6264189-0d847216bce445e7e7465df7955656e4/orig.mp4?Expires=1771205112&Signature=nawggLegfjD~vX65PUCSuTCSpf2bn0H6hky0VVDQvB-~oplvziF34bDOmcKq~eOK80eritqNA1-cvXGq8ad~WRzfl1-rOthrXDUKJNA5wY4hjUynNqpi20HGr2QfzB71STR1rRPSyG~AcihhPlCLISM3wxYDmd8awIs5pul1aNWhip-KgXShzKwX3tzOYqcDYrwsE-B6AoPgUjjEMkuh5qJHxrgpCYRbxpp9W0iLTR98BEvXIgzicXAT8f8PSZcCKhOk5Csqc7-lhgwzeKjNS0obB5SFpQx6xeALpgk5M-uubDku5t-4zv-hJ2cns3IU-8FQ91T9Yn~QJgFqwjcT8A__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Terrell, Texas","date","2025-04-23T15:39:58Z","article","City staff presented the final project plan and finance plan for TRS number 5, the proposed tax increment area covering the Fairfield MUD, and asked the TERS board to review the exhibits that document projected taxable value, eligible public improvements and an estimated timeline for construction and reimbursement.

The staff member said the TRS number 5 area covers about 600 acres and is currently mostly agricultural land owned by Hunt Petroleum. Staff described projected new taxable value of roughly $2.1 billion over the buildout and estimated eligible on-site public improvements at about $339 million and off-site improvements at about $72 million, for a combined public-infrastructure estimate cited in the presentation of about $411 million.

Staff walked the board through the exhibits showing proposed uses (primarily light industrial and distribution), an example first-phase building of about 935,000 square feet and how incremental taxable value feeds the TERS increment (using the city M&O tax rate and the industrial allocation assumptions in the packet). The presenter explained the mechanics of reimbursements tied to the incremental value and said the packet assumes 80% capture for industrial property in the increment calculations.

The staff member also summarized terms of an associated development agreement and TERS agreement the city has negotiated with the developer Hunt Fairfield: a $3.7 million developer contribution, a 40-year project life, and explicit language preventing the city from pledging its own revenues to back municipal utility district (MUD) debt. Staff said the MUD will be the entity that borrows for infrastructure and that the TERS agreement treats payments as contract-only reimbursements rather than a city pledge.

Staff noted operational details included in the packet: design and queuing requirements to avoid on-street truck queuing, infrastructure routing that would create a new arterial to relieve existing roads, and timing considerations for potential school sites within the development if a bond election proceeds. The presenter said the City Council had previously reviewed preliminary versions and that the board would be asked to consider a resolution recommending the final plan to Council at a future meeting.

No formal vote or final adoption of the TRS No. 5 project plan and finance plan was recorded in the transcript; staff asked the board to prepare a recommendation to City Council at a subsequent meeting.","mediaType","Video","parentTitle","TIRZ #1, 2, 3 and 4/Power Center Board Meeting - Apr 23 2025","oneSentenceSummary","City staff briefed the TERS board on the final project and finance plan for TRS No. 5 — a roughly 600-acre Fairfield MUD development — outlining projected taxable value, estimated public-infrastructure costs and the proposed reimbursement structure.","taxTitle","Terrell, Kaufman County, Texas","taxId",58110,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6264194,"TERS board backs city incentives for Film Alley entertainment center",645,594000,1239000,"/Search/View?dp=1&key=3098703-ffeec94bf6d78ab7dda5bd191686e53f&start=594&end=1239","https://assets.pipeline.soar.com/3098703-ffeec94bf6d78ab7dda5bd191686e53f/thumbnail_594000.jpg","/articles/6264194/Terrell/Kaufman-County/Texas/TERS-board-backs-city-incentives-for-Film-Alley-entertainment-center","https://secure.pipeline.soar.com/6264194-e1aff236107403aea38ee991164dd184/orig.mp4?Expires=1771205112&Signature=h9KpoidlkpO6NTQBJ-7DFBJHjRl94PmA8rtbenomk~i5Fn0UnzgJ~u6bDa2NmvGIVJ80r5hqiJZF3wXfPaPPimjd99JEYNgbxvcxVshilL7s3WrOJXYN5Cu6dOdScV0sXgDp93Zv0gUxcvz0fofDIRi3iqug8hKGzOuTJiA8c7AewuGBSZpbDnGEf~4F890SO3xUrQiND8bJq9Oiwhhq~IlC888vkV~60DFaXb-sJOPIDOuN9GvpXcQz8W8gjcAqsOzOmWVGb9rC6kiQSqNOI~bnET38Jhji0zIoAR8SHkaK-WZpFs8dOHvoQtk~u1WCAOJj745WxKQHuQLiL1e2fg__&Key-Pair-Id=KUT5TJCACFTXG","The TERS (Tax Increment Refinance/Development) boards for Terrell voted to approve a resolution supporting an entertainment and event venue proposed behind Film Alley by Schulman Partners, including a 10-year arrangement that would return up to 75% of city maintenance-and-operations property tax revenues to the project.

City staff presented an aerial and site plan showing the venue behind Film Alley and described supporting public improvements, including a bridge across a drainage funded in part by a Texas Parks and Wildlife grant. The staff member said the planned park area is “not quite 1 and a half acres,” and outlined space for a playground, concert lawn and restrooms. The venue design presented would seat roughly 1,000 people in the concert area, with the option to rent adjoining park land to expand capacity to about 2,000, and would include a two-story restaurant overlooking the concert space.

The resolution asks the TERS boards to permit the city’s economic package to include a city-level property tax participation limited to 75% of city M&O (maintenance and operations) taxes for 10 years, and to allow the City Council to pursue other incentives separately. The staff member said, “we've got adequate funds for the big payments out of this,” referring to the Hotel Event Center Fund where the city has reserved dollars for event-center projects.

City staff detailed line items that would be paid from the Hotel Event Center Fund or other city sources if the project meets conditions: a marketing incentive of $45,000; parking-related construction payments (presented in the packet as roughly a half-million-dollar parking incentive); a reimbursement of $100,000 for AV improvements; design-reimbursement up to $85,000; and a potential $300,000 payment connected to construction of a dynamic billboard (the city would receive a portion of billboard advertising rights). Staff said the packet describes how those items would be funded from existing Hotel Event Center Fund balances and from new revenue generated by the project.

Board member Dina asked about the aggregate dollar amounts reported in the packet; staff walked members through the packet slides and the city obligations table to explain how the various incentives and reimbursements are structured.

The board made a motion to approve item 6.2 as written; the motion was seconded and the chair called the voice vote. The motion passed by voice vote (counts not specified in the transcript).

The board’s approval is a recommendation to Council for the city-level participation described; City Council retains authority over other incentives noted in the packet and must take its own action to finalize the full incentive package.","The Terrell TERS boards voted to approve a resolution recommending the city include a 10-year, 75% city maintenance-and-operations property tax participation for a Film Alley entertainment and event venue. The board's action also authorizes use of existing Hotel Event Center Fund revenues for several developer reimbursements and incentives.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6264184,"TERS boards adopt minutes and elect vice chair at April 23 meeting",238,371000,609000,"/Search/View?dp=1&key=3098703-ffeec94bf6d78ab7dda5bd191686e53f&start=371&end=609","https://assets.pipeline.soar.com/3098703-ffeec94bf6d78ab7dda5bd191686e53f/thumbnail_371000.jpg","/articles/6264184/Terrell/Kaufman-County/Texas/TERS-boards-adopt-minutes-and-elect-vice-chair-at-April-23-meeting","https://secure.pipeline.soar.com/6264184-bb488bf9ef88006a97ceb13f9688c4ce/orig.mp4?Expires=1771205112&Signature=YbbFRaeHSAIfzqwhy3-PQJNQRkVYLFvObEdnTBY-AV2AjIovMKeJlAOupW7DO~G9m9qIDB3EW~2Wc15moAZfPljC93KP8CWXGEB5FKTvWYTM7MSKWH-6XJJFmShqdNODhzB9QM7RzbnCxoSFMiwG6rLRfTlzeaVZIpqgNLCSw~ntgGEciSD0zP5PPOThBDIDhi6YeeUcs0ArjZfJ5uTRjtC4ioU~rSvIMm1PO5RUznJ72sZCu956nt9gB34rd9TqKB6~hpLBLJabELMtNplI0rkZRn837lNK3nNc3eIZ1Vm~F0KA9K1nPZOn7Lob1XHmz5ym363w23EuivE~x12VZg__&Key-Pair-Id=KUT5TJCACFTXG","The TERS Boards for Terrell approved adoption of the prior meeting minutes and elected a vice chair during the April 23 meeting.

During the meeting’s opening business the board took up adoption of minutes; a motion was made, seconded and the chair called a voice vote. The chair recorded the motion as carried.

When discussing selection of a vice chair, the staff member explained that City Council appoints the chair by ordinance and that the boards select their own vice chair by a simple motion. The transcript records that Charles Whitaker motioned during the nomination process (he “motioned by motioning with his hand,” per the record). A motion to appoint the vice chair was seconded and the chair called a voice vote; the transcript records “Motion carries,” but does not identify the name of the person appointed or provide vote counts.

The board did not record additional conditions or amendments in the transcript related to the vice-chair appointment.","At the April 23 meeting, the TERS boards approved adoption of prior meeting minutes and elected a vice chair by voice vote. The transcript records Charles Whitaker motioning during the vice-chair nomination process; the transcript does not record the vice chair's full name or vote tallies.","actionData","errors"]

Article not found

Staff briefs TERS board on final TRS No. 5 project and finance plan for Fairfield MUD development

TERS board backs city incentives for Film Alley entertainment center

TERS boards adopt minutes and elect vice chair at April 23 meeting