[A. CALL TO ORDER -MAYOR PRO TEMPORE]
          [00:00:03]
          GOOD EVENING. I'D LIKE TO CALL TO ORDER THE TAX INCREMENT REINVESTMENT ZONE BOARD MEETING
FOR THE CITY OF PRINCETON ON MONDAY, APRIL 28TH AT 5:07 P.M.. FIRST ORDER OF BUSINESS IS A CONSENT AGENDA. 
          DO WE DON'T WE DO A ROLL CALL? OKAY. ROLL CALL. 
          MR. JOHNSON. HERE. THERE'S TWO PEOPLE HERE, MISS TODD. HERE, MR. WASHINGTON HERE. MAYOR ESCOBAR HERE. 
          HERE. MR. GERFERS HERE. MR. LONG HERE. 
          [B. CONSENT AGENDA]
NEXT ITEM IS THE CONSENT AGENDA. CONSENT AGENDA. 
          ALL CONSENT AGENDA ITEMS LISTED ARE CONSIDERED TO BE ROUTINE BY THE CITY COUNCIL AND WILL
BE ENACTED BY ONE MOTION. 
          THERE WILL BE NO SEPARATE DISCUSSIONS OF THESE ITEMS UNLESS A COUNCIL MEMBER SO REQUESTS. 
          IN WHICH EVENT THE ITEM WILL BE REMOVED FROM THE CONSENT AGENDA AND CONSIDERED IN ITS
NORMAL SEQUENCE ON THE AGENDA. 
          WITH JUST ONE ITEM ON THE CONSENT AGENDA IS TIRZ 2025-002,
CONSIDER APPROVING THE FOLLOWING TIRZ BOARD MEETINGS MINUTES AND TAKE APPROPRIATE ACTION. I WOULD LIKE TO PULL THAT FROM THE CONSENT AGENDA. 
          OH, SORRY. NO PASS. GO AHEAD. SORRY. I'D LIKE TO MAKE A MOTION TO APPROVE THE CONSENT
AGENDA B1. I'LL SECOND. MOTION BEEN MADE AND APPROVED FOR THE VOTE. 
          MOTION CARRIES SEVEN ZERO. NEXT ITEM OF BUSINESS IS C1 2025-04-28-TR,
CONSIDER 
          [C. REGULAR AGENDA]
RESOLUTION OF THE BOARD OF DIRECTORS OF THE REINVESTMENT ZONE NUMBER SEVEN,
CITY OF PRINCETON, TEXAS ADOPTING A PROJECT PLAN AND FINANCING PLAN FOR THE TAX INCREMENT REINVESTMENT ZONE,
NUMBER SEVEN, CITY OF PRINCETON, TEXAS, AND PROVIDING AN EFFECTIVE DATE AND TAKE APPROPRIATE ACTION. 
          PRESENTED BY JIM SABONIS WITH HILLTOP SECURITIES. 
          BUT WE HAVE IN, A FILL IN A PINCH HITTER. 
          TEST. TEST. GO WITH PLAN B. 
          MY NAME IS MITCH MOSES. 
          [00:10:53]
I HAVE A QUESTION. THE TIRZ IS CONTINGENT ON OUR DEVELOPMENT AGREEMENT,
CORRECT? 
          [00:10:58]
IT'S PART OF THE DEVELOPMENT. SO IF THERE'S A SECTION OF THE DEVELOPMENT AGREEMENT THAT IS
NOT BEING ADHERED TO, ARE THOSE I GUESS THIS IS FOR YOU, GRANT, ARE THOSE GROUNDS FOR US TO NOT APPROVE THIS TIRZ? MIC] SO IF THEY ARE NOT ADHERING TO THE DEVELOPMENT AGREEMENT OR SECTION OF IT WHAT ARE OUR STEPS? I DON'T [INAUDIBLE] OH, THERE WE GO. OKAY. CAN Y'ALL HEAR ME NOW? ALL RIGHT. SO I DON'T HAVE THE DEVELOPMENT AGREEMENT IN FRONT OF ME. 
          I CAN CERTAINLY GIVE YOU THAT INFORMATION, BUT,
YOU KNOW, LIKE I SAID EARLIER THIS THE TIRZ WAS CREATED, WE HELD A PUBLIC HEARING, AND IT WAS CREATED BACK IN ON MARCH 24TH. 
          THIS IS JUST THE THE FINAL FINANCING PLAN ASSOCIATED WITH THE TIRZ. 
          YOU APPROVED A PRELIMINARY FINANCING PLAN AND PROJECT PLAN BACK IN MARCH. 
          WE CAN CERTAINLY LOOK IF THERE'S CERTAIN PROVISIONS NOT BEING AGREED TO IN THE DEVELOPMENT
AGREEMENT, WE CAN TAKE A LOOK AT THAT. BUT MOVING FORWARD BUT AS MITCH REFERENCED,
THIS IS JUST APPROVING THE FINAL PLAN OF A TIRZ THAT WAS PREVIOUSLY CREATED. WHAT'S CONCERNING RIGHT NOW IS I VISITED THIS PROPERTY YESTERDAY, AND I'M CONFUSED HOW WE ARE HERE TODAY RIGHT NOW WITH THE SCREENING LANDSCAPE SITUATION OVER THERE. 
          THERE'S NO EROSION CONTROL AT ALL, WHICH PER OUR ORDINANCE IS NOT ONLY A $2,000 FINE PER
SPOT, BUT IT'S CONSIDERED A MISDEMEANOR. AND I DON'T UNDERSTAND HOW WHEN PRESENTED THIS TO
APPROVE WE ASKED QUESTIONS, WE ASKED IF IT WAS READY,
IF IT'S WHERE IT'S SUPPOSED TO BE, WE'RE TOLD YES. 
          SO WE MOVE FORWARD WITH IT AND NOW WE'RE HERE TODAY,
EXPECTED TO GO AHEAD AND SAY YES TO THIS AND THIS IS A PRETTY BIG ITEM TO NOT HAVE COMPLETED OR MEETING OUR STANDARDS IN THE CITY. 
          AND FROM MY WALKTHROUGH IN THE PICTURES THAT I'VE GOT,
WE'RE LOOKING AT 30 TO 50 K A DAY ON LOCATIONS IF IT'S $2,000 PER SPOT. SO I'M JUST CONCERNED THAT WE GOT THIS FAR ON SOMETHING AND WHEN IT'S TAX DOLLARS AND THINGS LIKE THAT IN QUESTION. 
          MIC] GRANT. I MEAN, I THINK THIS IS THIS IS SOMETHING WE CAN DISCUSS SEPARATE. THIS HAS NOTHING TO DO WITH WE CAN'T STOP THIS PROCESS. 
          BUT I UNDERSTAND WHAT YOU'RE SAYING. I THINK WE CAN DISCUSS THIS ON A DIFFERENT DAY,
OR BRING THIS BACK UP AND FIGURE OUT WHAT EXACTLY IT IS THAT YOU'RE SPEAKING ABOUT. 
          BUT FOR NOW, WE'RE JUST APPROVING THE FINAL DEAL THAT WE ALREADY APPROVED. 
          BUT I THINK WE CAN WE CAN RE DISCUSS THIS. YEAH,
I WOULD AGREE AND THIS WILL ALSO THIS IS THE TIRZ BOARD, THIS ITEM IS ALSO ON THE THE COUNCIL AGENDA TONIGHT SO IF THERE'S ADDITIONAL QUESTIONS
WHEN WE HAVE SOME MORE OF OUR CONSULTANTS IN THE ROOM, WE COULD ASK SOME ADDITIONAL QUESTIONS. WE COULD EVEN VISIT DURING EXECUTIVE SESSION ON
THIS ITEM IF WE NEED MORE IF WE NEED TO HAVE FURTHER DISCUSSIONS. 
          [00:15:05]
BUT RIGHT NOW, MY RECOMMENDATION WOULD BE TO APPROVE THE FINAL PROJECT PLAN AND FINANCING
PLAN. 
          I UNDERSTAND. WITH THAT BEING SAID, I'LL ENTERTAIN A MOTION. 
          I'LL MOTION TO APPROVE ITEM B1, TIRZ 2025-002. 
          I'M SORRY, THAT'S NOT THE 2025-04-28-TR. I'LL SECOND. MOTION. MOTION. MOTION BEEN MADE AND SECONDED. 
          MOTION CARRIED FIVE TWO. NOW ENTERTAIN A MOTION FOR ADJOURNMENT. 
          I'LL MAKE THE MOTION TO ADJOURN. SECOND. ALL IN FAVOR,
SAY AYE. 
          AYE. ALL OPPOSED, LIKE SIGN. MOTION CARRIED. WE ARE ADJOURNED.
* This transcript was compiled from uncorrected Closed Captioning.