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MINUTES OF THE REGULAR MEETING FOR TAX INCREMENT REINVESTMENT ZONE (TIRZ) BOARD PARIS, TEXAS CITY COUNCIL CHAMBER, 107 E. KAUFMAN ST, PARIS TEXAS THURSDAY, MAY 08, 2025 4:00 O'CLOCK P.M. Members present: Cody Head, Chairman; Miles Mathieu, Vice -Chairman; Thomas McMonigle, Secretary; Maureen Hammond, Reeves Hayter, and Pam Norwood City Staff. Rose Beverly, City Manager; Rob Vine, Deputy City Manager; Stephanie Harris, City Attorney; Osei Amo-Mensah, Director of Planning and Community Development; and Skylar Unger, Deputy City Clerk; Absent: Dillon Cecil 1. Call meeting to order. Chairman Head called the meeting to order at 4:01 P.M. 2. Citizens' input. No one came forward during citizens' input. 3. Approve minutes from the Special meeting on April 10, 2025. A Motion to approve the minutes as presented was made by Mr. McMonigle and seconded by Mr. Mathieu. Motion carried 6 ayes – 0 nays. 4. Update on the current Project Plan. Deputy City Manager Rob Vine distributed a list of Catalyst Projects compiled by Mainstreet Coordinator Cheri Bedford. The list outlines the status of each project—categorized as completed, in progress, or incomplete, along with estimated costs. As Ms. Bedford is currently out of the office, further discussion was postponed. Mr. Vine noted that upon her return, they will review the list together to refine project priorities and update cost estimates. Following further questions from the board, Chairman head moved on to the next item. 5. Update on the current Finance Plan. Mr. Vine presented the Board with a list of currently active permits within TIRZ Sub -Zone 2 (Downtown), showing a total valuation of $6,724,327.00. He explained that this figure is based on the valuation of all active permits. Mr. Vine also noted that a few larger projects are underway but have not yet entered the permitting phase, so the total valuation is expected to increase in the future. Ms. Hammond said that she understood staff would be providing projections for all sub -zones for the entire 30 years. Chairman Head responded that using permit valuations is currently the most accurate method for projecting totals until the projects are completed. Following further discussion regarding a more effective approach to developing the projections and their associated timeframe, Chairman Head proceeded to the next agenda item. (Note.- some Note:some discussion is hard to hear on the recording due to board members being too far away from their Page 1 of 3