Consider and approval to submit 2018 Tax Increment Finance (TIF) Registry Annual Report (J.Ellis)

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1 NOTICE OF MEETING OF THE DUPRE LOCAL GOVT. CORP. / TAX INCRT. REINVT. ZONE OF BUDA, TX 5:00 PM - Thursday, February 28, 2019 Council Chambers, Room E. Loop Street, Building 100 Buda, TX This notice is posted pursuant to the Texas Open Meetings Act. Notice is hereby given that a Special Meeting of the City of Buda, TX, will be held at which time the following subjects will be discussed and may be acted upon. A. CALL TO ORDER B. INVOCATION C. ROLL CALL D. PUBLIC COMMENT At this time, comments will be taken from the audience on non-agenda related topics for a length of time not to exceed three minutes per person. To address the Board/Commission, please submit a Citizen s Comment form to the City Liaison prior to the start of the meeting. No action may be taken by the Board/Commission during Public Comments. E. SPECIAL AGENDA E.1. Approval of the February 20, 2018 meeting minutes (A.Ramirez) DRAFT Minutes.pdf E.2. Consider and approval to submit 2018 Tax Increment Finance (TIF) Registry Annual Report (J.Ellis) F. EXECUTIVE SESSION F.1. The Dupre Local Government Corporation will recess its open session and convene in executive session pursuant to Government Code Consultation with Attorney to deliberate and seek legal advice regarding contractual obligations related to Cabela s land sales, bond payments, incentive payments and related obligations contained within the economic development agreements associated therewith. G. ADJOURNMENT Requests for accommodations must be made 48 hours prior to the meeting. Please contact the Board Liaison listed below at (512) , or FAX (512) for information or assistance. 1 Dupre Local Govt. Corp. / Tax Incrt. Reinvt. Zone Agenda Page 1 February 28, 2019

2 I, the undersigned authority, do hereby certify that the above Notice of Meeting of the Governing Body of the City of Buda, was posted on the bulletin board in front of Buda City Hall, which is readily accessible to the public at all times, by 5:00 pm on February 25, /S/ Alicia Ramirez, Corporation Secretary Meetings scheduled in the Council Chambers are set up to publicly broadcast meetings. You may be audio and video recorded while in this facility. Meetings scheduled in other City Facilities are set up to publicly audio record meetings. You may be audio recorded in the other City Facilities. In accordance with Article III, Section 3.10, of the Official Code of the City of Buda, the minutes of this meeting consist of the preceding Minute Record and the Supplemental Minute Record. Details on meetings may be obtained from the Board Liaison, or video of the entire meeting may be downloaded from the website. (Portions of the Supplemental Minute Record video tape recording may be distorted due to equipment malfunction or other uncontrollable factors.) Attendance by Other Elected or Appointed Officials: It is anticipated that members of other governmental bodies, and/or city boards, commissions and/or committees may attend the meeting in numbers that may constitute a quorum of the body, board, commission and/or committee. Notice is hereby given that the meeting, to the extent required by law, is also noticed as a possible meeting of the other body, board, commission and/or committee, whose members may be in attendance, if such numbers constitute a quorum. The members of the boards, commissions and/or committees may be permitted to participate in discussions on the same items listed on the agenda, which occur at the meeting, but no action will be taken by such in attendance unless such item and action is specifically provided for on an agenda for that body, board, commission or committee subject to the Texas Open Meetings Act. 2 Dupre Local Govt. Corp. / Tax Incrt. Reinvt. Zone Agenda Page 2 February 28, 2019

3 DUPRE LOCAL GOVERNMENT CORPORATION MINUTE RECORD Page 1 The City of Buda, Texas Tuesday, February 20, 2018 CALL TO ORDER Vice President Miller called the meeting to order at 4:42 p.m. ROLL CALL Alicia Ramirez, Corporation Secretary, certified a quorum with the following Council Members present: Vice President Ann Miller Director Eileen Altmiller Director George Haehn Director Wiley Hopkins Kenneth Williams, City Manager President Todd Ruge resigned from the corporation and therefore absent. City Staff in attendance: Micah Grau, Assistant City Manager; Alicia Ramirez, Corporation Secretary; and June Ellis, Treasurer. PUBLIC COMMENTS None. SPECIAL AGENDA APPROVAL OF THE OCTOBER 2, 2017 DUPRE LOCAL GOVERNMENT CORPORATION MEETING MINUTES Motion, to approve the minutes, as presented, was made by Mr. Hopkins and seconded by Ms. Altmiller. Motion carried unanimously. APPROVAL TO SUBMIT 2017 TAX INCREMENT FINANCE (TIF) REGISTRY ANNUAL REPORT Mr. June Ellis presented background information. Motion, to approve and submit the report, as presented, was made by Ms. Altmiller and seconded by Mr. Hopkins. Motion carried unanimously. APPROVAL OF CHANGES TO THE CORPORATION'S ARTICLES OF INCORPORATION AND BY-LAWS REGARDING MEMBER'S AND OFFICER'S APPOINTMENT DATES Ms. Alicia Ramirez presented background information. She informed when the By-laws were established and adopted, the Council's election cycle was held in May. In 2011, the election cycle was changed to coincide with the November election. Also, in 2016, the City Council approved a strategy to place all boards & commissions on the same appointment schedule, with appointments to occur in April. However, the Dupre LGC and Economic Development Corporation were not part of that transition. These two boards are governed by the Articles of Incorporation and By-Laws. In order to place the appointments on the same schedule as other City Boards and Commissions, staff seeks the Corporation's recommendation to seek Council's approval to proceed with the amendments to the both the Dupre LGC's Articles of Incorporation and By-Laws. 3

4 Page 2 Minutes February 20, 2018 Motion, to recommend changes to City Council for final approval of said amendments to the Dupre LGC's Articles of Incorporation and By-Laws, was made by Mr. Hopkins and seconded by Mr. Haehn. Motion carried unanimously. EXECUTIVE SESSION At 4:51 P.M., the Corporation convened in Executive Session under the provision of Government Code, Title 5. Open Government; Ethics, Subtitle A. Open Government, Chapter 551. Open Meetings, Subchapter D. Exceptions to Requirement that Meetings be Open, Consultations with Attorney to deliberate and seek legal advice regarding contractual obligations related to Cabela s land sales, bond payments, incentive payments and related obligations contained within the economic development agreements associated therewith. At 5:52 P.M., Council reconvened, and the following business was transacted, if any, on matters discussed in executive session. RECONVENE INTO REGULAR SESSION AND TAKE ACTION, IF ANY, ON MATTERS DISCUSSED IN EXECUTIVE SESSION. ADJOURNMENT Motion, to adjourn the meeting, was made by Ms. Altmiller and seconded by Mr. Hopkins. Motion carried unanimously. There being no further business, the meeting was adjourned at 5:53 p.m. DUPRE LOCAL GOVERNMENT CORPORATION OF BUDA, TEXAS ATTEST: Ann Miller, Vice President Alicia Ramirez, TRMC Corporation Secretary In accordance with Article III, Section 3.10, of the Official Code of the City of Buda, the minutes of this meeting consist of the preceding Minute Record and the Supplemental Minute Record. Details on Council meetings may be obtained from the City Clerk s Office, or video of the entire meeting may be downloaded from the website. (Portions of the Supplemental Minute Record video tape recording may be distorted due to equipment malfunction or other uncontrollable factors.) 4

5 Dupre Local Govt. Corp. / Tax Incrt. Reinvt. Zone Agenda Item Report Date: Thursday, February 28, 2019 Agenda Item No Contact: June Ellis Subject: Consider and approval to submit 2018 Tax Increment Finance (TIF) Registry Annual Report (J.Ellis) 1. Executive Summary State Law (Section Sec , Tax Code) requires the governing body of a municipality or county, on or before the 150th day following the end of its fiscal year, to submit a report on the status of a reinvestment zone created by the municipality or county to the chief executive officer of each taxing unit that levies property taxes on real property in the zone. 2. Background/History A copy of this annual report along with this form must be submitted to the Texas Comptroller of Public Accounts. 3. Staff's review and analysis Annual Report is required every year. This information provides the Comptroller information on the entity initiating the tax increment reinvestment zone and a contact person for the annual report. 4. Financial Impact N/A 5. Summary/Conclusion Staff recommends approval to submit report. 6. Pros and Cons N/A 7. Alternatives N/A 5

6 8. Recommendation Staff recommends approval to submit report. 6