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MINUTES OF THE REGULAR MEETING FOR <br />TAX INCREMENT REINVESTMENT ZONE TIRZ BOARD <br />PARIS„ TEXAS <br />CITY COUNCIL CHAMBER 107 E. KAUFMAN ST PARIS TEXAS <br />THURSDAY APRIL 10 2025 <br />4:00 O'CLOCK P.M. <br />Members present: Cody Head, Chairman; Miles Mathieu, Vice -Chairman; Thomas <br />McMonigle, Secretary; Maureen Hammond, Reeves Hayter, and <br />Pam Norwood <br />City Staff: Rose Beverly, City Manager; Rob Vine, Deputy City Manager; Osei <br />Amo-Mensah, Director of Planning and Community Development; <br />Skylar Unger, Deputy City Clerk; and Cheri Bedford, Main Street <br />Coordinator <br />Council Members: Mayor Pankaj <br />Absent: Dillon Cecil <br />1. Call meeting to order. <br />Chairman Head called the meeting to order at 4:03 P.M. <br />2. Citizens' input. <br />No one came forward during citizens' input. <br />3, Approve minutes from the Special meeting on March 13, 2025. <br />A Motion to approve the minutes as presented was made by Mr. Hayter and seconded by Ms. Hammond. <br />Motion carried 6 ayes — 0 nays. <br />4. Receive training from Forked Pine Consulting. <br />Forked Pine Consultants delivered a training presentation on a detailed financial modeling spreadsheet <br />developed as a decision-making tool for the Board and city staff. The spreadsheet allows users to input <br />projected development figures and automatically calculates future tax abatement payouts for each Tax <br />Increment Reinvestment Zone (TIRZ) sub -zone, helping evaluate the long-term fiscal impact of proposed <br />projects. During the session, Mr. Denney noted that a newer version of the spreadsheet would be <br />distributed soon. Following the presentation, the consultants answered several questions from Board <br />members, providing clarification on spreadsheet functionality and assumptions. Chairman Head <br />concluded the session by thanking the consultants for their informative presentation and continued <br />support. <br />Ms. Hammond left the meeting at 4:55 P.M. <br />5. Request future agenda items. <br />Chairman Head stated that he was approached by the Chamber about the possibility of using TIRZ funds <br />to complete the 1St Street project and wished to discuss this at the next meeting. <br />Page 1 of 2 <br />