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09/11/2025 MinutesMINUTES OF THE REGULAR MEETING FOR TAX INCREMENT REINVESTMENT ZONE (TIRZ) BOARD PARIS, TEXAS CITY COUNCIL CHAMBER, 107 E. KAUFMAN ST, PARIS TEXAS THURSDAY, SEPTEMBER 11, 2025 4:00 O'CLOCK P.M. Members present: Cody Head, Chairman; Miles Mathieu, Vice -Chairman; Maureen Hammond, Reeves Hayter, Dillon Cecil, and Pam Norwood Members absent: Brad Archer City Staff- Rose Beverly, City Manager; Emily Secrest, Government Analyst; Stephanie Harris, City Attorney; Skylar Unger, Deputy City Clerk.; Cheri Bedford, Main Street Coordinator; and Osei Amo-Mensah, Director of Planning and Community Development City Council present: 1. Call meeting to order. Mayor Pro -Tem, Gary Savage Chairman Head called the meeting to order at 4:00 P.M. 2. Citizens' input. No one came forward during citizens' input. 3. Approve minutes from the Meeting on August 14, 2025. A Motion to approve the Minutes was made by Ms. Hammond and seconded by Mr. Cecil and Mr. Mathieu. Motion carried, 6 ayes — 0 nays. 4. Approve Residential Tax Abatement Agreement with Palma Holdings, LLC under the 5 in 5 Housing Infill Development Program. Director of Planning and Community Development, Osei Amo-Mensah, stated that the applicant Palma Holdings, LLC has applied for an Economic Development and Residential Tax Abatement Agreement under the 5 in 5 Housing Infill Development Program to build ten single family homes on ten separate parcels within the Program area, and one of these parcels fall within the TIRZ. The parcel's current appraised value is $900.00 according to LCAD records. Under Texas Tax Code Chapter 312, a tax abatement on property within a TIRZ must be approved by both the City Council and the TIRZ Board of Directors. Staff has reviewed the application and determined that the property is within the TIRZ Zone and Program Area, and that the proposed improvements meet the criteria for the Program. There are transfers of City of Paris trustee properties. All incentives are provided in the Program guidelines and criteria. While the agreement also contains additional incentives under Chapter 380 of the Texas Local Government Code, the TIRZ Board need only be concerned with the tax abatement on parcel no. 14306. Chairman Head asked whether these Agreements should be presented to the TIRZ Board prior to City Council. Ms. Harris responded that while the law does not specify, the Board may begin following that process moving forward. Page I of 2 A Motion to approve the Residential Tax Abatement Agreement with Palma Holdings, LLC under the 5 in 5 Housing Infill Development Program was made by Mr. Cecil and seconded by Ms. Hammond. Motion carried, 6 ayes — 0 nays. 5. Discussion and possible action regarding the removal of Sub -Zone 4 from the TIRZ boundary. Ms. Hammond explained her reasoning for recommending the removal of Zone 4 from the TIRZ, noting that it was not generating sufficient revenue and could take several years to produce a substantial retun-1. Mr. Mathieu inquired about the location of the lift station, and Ms. Hammond read an email from the City Engineer indicating that a replacement would be beneficial. Following further discussion and questions from the Board, Ms. Harris suggested presenting a draft Ordinance at the next meeting to remove Zone 4. By consensus, the Board agreed to have Ms. Harris submit the request to City Council for the removal of Zone 4 from the TIRZ. 6. Review of the Financial Projection Tool and matters relating to updating the Tool. Mr. Mathieu reported that he had not received a response from Mr. Denney regarding the update. With no new information available, the Board proceeded to the next item. 7. Request future agenda items. - Draft Ordinance for the removal of Zone 4 - Update on the Financial Projection Tool - Toole Plan/Chris Lambka - Update on I" Street Renovation Project 8. Adjournment. There being no further business, a Motion to adjourn was made by Mr. Hayter and seconded by Ms. Norwood. Motion carried, 6 ayes — 0 nays. Chairman Head adjourned the meeting at 4:26 P.M. I Page 2 of