[CALL TO ORDER]
[00:00:07]
THIS MEETING TO ORDER TODAYY. S, IT'S UM, IT IS. WHAT TIME 5 30 IN THE EVENING WHERE COUNCIL CHAMBERS TO 22 NORTH TENNESSEE STREET. THIS IS THE REINVESTMENT ZONE NUMBER ONE REGULAR MEETING.
FIRST ITEM ON THE AGENDA IS PUBLIC COMMENTS AND DO WE HAVE ANYONE? NO ONE HAS SIGNED UP.
[Minutes of the Tax Increment Reinvestment Zone Number One (TIRZ1) Board Meeting of May 3, 2022]
WE'LL MOVE RIGHT TO OUR REGULAR AGENDA AND PUBLIC HEARING ITEMS . 22 0891 MINUTES OF THE TAX INCREMENTAL REINVESTMENT ZONE NUMBER ONE BOARD MILLION OF MAY 3RD 2022. DOES ANYONE HAVE COMMENTS OR QUESTIONS CONCERNING THE MINUTES? GO AHEAD. YOU HAVE A SPECIFIC MOVE FOR APPROVAL.SECOND. ALL IN FAVOR. I POST ALL RIGHT, 220865 CONDUCTED PUBLIC UNION CONSIDER AND ACT ON A
[Conduct a Public Hearing to Consider/Discuss/Act on a Resolution Approving a Chapter 380 Economic Development Agreement and Project Plan Implementation Agreement with Lenroc Properties, LLC for the Roof Repair Project at 112 N. Tennessee Street]
RESOLUTION APPROVING THE CHAPTER . 3 80 ECONOMIC DEVELOPMENT AGREEMENT AND PROJECT PLAN IMPLEMENTATION AGREEMENT WITH LYNN ROCK PROPERTIES OUT L. C FOR THE ROOF REPAIR PROJECT AT 1 12 NORTH TENNESSEE STREET. GOOD EVENING TERRORIST BOARD. PAULA PLANNING DEPARTMENT. TONIGHT. WE ARE BRINGING BEFORE YOU THE TOURS. APPLICATION FOR 1 12 NORTH TENNESSEE STREET. A LITTLE TECHNICAL DIFFICULTY THERE SO YOU CAN SEE THE POWER POINT. THERE YOU GO. SO WE'RE THIS IS FOR A ROOF REPAIR PROJECT AT 1 10. EXCUSE ME. 1 12 NORTH TENNESSEE STREET. THIS IS UNDER THE CRITICAL MAINTENANCE CATEGORY BECAUSE ROOF REPAIRS FALL UNDER CRITICAL MAINTENANCE . THE PROPERTY OWNER LYNN ROCK PROPERTIES IS REQUESTING $9975. FOR A GRANT TOWARDS ROOF, REPLACEMENT OR ROOF REPAIR AND REPLACEMENT. THE BUILDING IS A CIRCUIT 18 95 BUILDING HERE ON THE SQUARE AND PART OF THE HISTORIC SHANE BLOCK. IS CONSIDERED A CONTRIBUTING BUILDING TO THE MCKINNEY COMMERCIAL NATIONAL REGISTER OF HISTORIC DISTRICT. IN 2021, THE APPLICANT RECEIVED A TOURIST GRANT OF 25,000 FOR REPAIR OF THEIR WITH STOREFRONT SO YOU MAY HAVE SEEN THEIR BRAND NEWISH. NOW IT'S BEEN A WHILE STOREFRONT THAT THEY HAVE THERE. THIS ONE IS FOR ROOF REPLACEMENT AND REPAIR. IT'S UNDER THE CRITICAL MAINTENANCE PROGRAM, WHICH PROVIDES A 50 50 MATCHING GRANT , SO THE PROJECT IS ESTIMATED TO HAVE BEEN 19,915. SO THEY'RE REQUESTING 50% OF THAT WHICH IS THE 99 75. YOU CAN SEE THIS IS PICTURES OF THE OLD ROOF. IT'S BEEN THERE A WHILE AND SO IT WAS IN NEED OF REPAIR. WHEN WE'RE TALKING ABOUT REEF REPLACEMENT.IT'S NOT THE WHOLE STRUCTURE. THIS IS JUST THE ROOFING MEMBRANE AND SEALS AND FLASHING AND EVENTS AND THINGS LIKE THAT THAT ARE ON THE ROOF TO KEEP THE WATER OUT ON THE OUTSIDE WHERE IT BELONGS. UM AND THEN THIS IS JUST A PICTURE OF THE BUILDING. THIS IS WE BELIEVE THE APPLICANT HAS DONE ALL THE THINGS THAT THEY NEEDED TO SUBMIT FOR THE APPLICATION AND THESE MEET THE REQUIREMENTS OF THE CRITICAL MAINTENANCE PROGRAM CATEGORY RATHER UNDERNEATH OF THE TOURIST ONE PROJECT PLAN, SO WE ARE RECOMMENDING APPROVAL. DO YOU HAVE ANY QUESTIONS? DO, UM, HAS THE WORK BEEN COMPLETED. THAT WAS. YES IN THIS CASE, IT HAS ONE BETWEEN WHEN SHE APPLIED.
AND NOW, OKAY? DON'T WORRY. QUESTIONS. THANK YOU. THANK YOU. MOTION. MOTION THAT WE APPROVED THIS ITEM SECOND. ONE FAVOR I POST. MOTION PASSES. THERE IS NO EXECUTIVE SESSION. THAT WE HAVE.
THAT ENTERTAINING MOTION TO ADJOURN. SO MOVED SECOND IN FAVOR.
* This transcript was compiled from uncorrected Closed Captioning.