02/12/2025 MinutesMINUTES OF THE SPECIAL MEETING FOR
TAX INCREMENT REINVESTMENT ZONE (TIRZ) BOARD
PARIS, TEXAS
CITY COUNCIL CHAMBER, 107 E. KAUFMAN ST, PARIS, TEXAS
WEDNESDAY, FEBRUARY 12, 2025
4:30 O'CLOCK P.M.
Members present: Cody Head, Chairman; Miles Mathieu, Vice -Chairman; Thomas
MeMonigle, Secretary; Maureen Hammond, Reeves Hayter, Pam
Norwood, and Dillon Cecil
City Staff. Rose Beverly, City Manager; Rob Vine, Deputy City Manager, Osel
Amo-Mensah, Director of Planning and Community Development;
Stephanie Harris, City Attorney; Skylar Unger, Deputy City Clerk;
and Cheri Bedford, Main Street Coordinator
City Council: Mihir Pankaj, Mayor; Rebecca Norment, and Alix Putnam
Economic Development Josh Bray, Curtis Fendley
Board Members:
1. Call meeting to order.
Chairman Head called the meeting to order at 4:31 P.M.
2. Citizens' input.
No one came forward during citizens' input.
3. Approve minutes from the meeting on December 12, 2024.
A Motion to approve the minutes as presented was made by Mr. Mathieu and seconded by Ms. Norwood
Motion carried 7 ayes — 0 nays.
Mayor Pankaj arrived at 4:33 P.M.
Cheri Bedford arrived at 4:38 P.M.
4. Presentation of summary of findings on review of Paris TIRZ #land overview of training to be presented
to the TIRZ Board of Directors.
Consultants Joseph and Cheryl Denney from Forked Pine Consulting delivered a comprehensive
presentation on the history, current status, allocation of funds, and future projections of the TIRZ. Their
presentation included a detailed spreadsheet designed as a tool for the Board and city staff to assess
financial projections when evaluating new projects. Following their presentation, Mr. and Mrs. Denney
addressed questions from the Board regarding the use of funds, the interaction between TIRZ funds and
other incentives, the establishment of the original boundaries, and the calculation of each zone. In addition
to the spreadsheet, Mr. Denney said that he was going to provide each Board member with a notebook of
information and resources. Mr. Denney recommended that the Board review its current project plan and
continue to reassess it every 2-3 years. He suggested that the Board make the project plan more flexible
to accommodate all potential projects. Currently, only Zone 2 (Downtown) is eligible to receive funds.
Mr. Denney stated that it is uncommon for all funds to be concentrated in one area and more typical for
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TIRZ zones to operate independently. Following further discussion, Chairman Head thanked Mr. and Mrs.
Denney for their time and information. Mr. Denney said that his presentation needed some edits, but once
completed, he would forward the presentation to the Board as well as staff. For anyone wishing to hear
the entire presentation, a recording is filed in the City Clerk's office and is available to the public.
Alix Putnam arrived at 5:19 P.M.
Mayor Pankaj left the meeting at 6:01 P.M.
5. Request future agenda items.
City Attorney Stephanie Harris stated that she would bring to the next meeting the documentation to ratify
the tax abatements with Lionshead Specialty Tire & Wheel. Ms. Harris also stated that for the next meeting
they would need three separate items:
1.) Discuss the current project plan.
2.) Discuss the finance plan.
3.) Discuss future projects.
6. Adjournment.
There being no further business, a Motion to adjourn was made by Mr. Hayter and seconded by Ms.
Norwood. Motion carried, 7 ayes — 0 nays. Chairman Head adjourned the meeting at 6:21 P.M.
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