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Weatherford TIRZ No. 1: minutes approved; board adopts boundary and finance-plan amendment
Summary
The board approved minutes from its 05/14/2019 meeting and voted to amend the boundary and project-and-finance plan for Reinvestment Zone No. 1; the motion to approve Item 3A carried after a presentation by consultant Jordan Sawyer.
The Tax Increment Reinvestment Zone No. 1 board approved the minutes of its May 14, 2019 meeting and then approved an amendment to the zone's boundary and project-and-finance plan. The Mayor called for a vote on the minutes, which were approved after a motion recorded in the minutes as made by Heidi (the transcript variably records the surname as "Walter" and "Wilder") and seconded by Luke Williams. The Mayor stated, "Let's vote on the minutes."
Following approval of the minutes, the board considered Item 3A, which called for amending the boundaries of Reinvestment Zone Number 1 and approving an amended and restated final project and finance plan. After a presentation from Jordan Sawyer of P3 Works and a staff clarification about revenue calculations, the Mayor recorded a motion by Heidi (recorded variably) and a second by Mayor Pro Tem Tim Zach Smith; the board voted and the measure passed. The meeting moved on to citizen comments.
