MINUTES OF THE JULY9, 2024  FATE MUNICIPAL DEVELOPMENT DISTRICT NO.1 BOARD OF DIRECTORS MEETING  1. CALL TO ORDER AND CONFIRM A QUORUM Center located at 104 S WE Crawford, Fate, Texas.  Board Member Allen Robbins called the meeting of the Fate Municipal Development District No. 1 to order at 6:00 P.M. on the 9th day of July 2024, in the Fate Community  City Secretary Victoria Raduechel confirmed the presence of a quorum.  Members Present: Victoria Egbert, Vice President Deidra Roe Allen Robbins Cheyenna Tellez, Secretary Todd Crabtree (arrived at 6:02 p.m.) Bob Chambers Zachary Timko Members Absent: None City Staff Present: Michael Kovacs, City Manager Steven Downs, Assistant City Manager Cynthia Kirchoff, City Attorney Justin Weiss, Economic Development Manager Lyle Lombard, Director of Public Safety Victoria Raduechel, City Secretary  Yvonne Lane, Economic & Community Development Specialist  2. DISCUSS, CONSIDER, AND TAKE ANY NECESSARY ACTION REGARDING APPROVAL OF MINUTES OF THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. Board Member Bob Chambers moved to approve the minutes of the Fate Municipal  1 MEETING HELD JUNE 11, 2024.  Development District No. 1 meeting held June 11, 2024, as presented. Board Member Cheyenna Tellez seconded the motion. There was no discussion and the vote on the motion was as follows:  Ayes: Vice President Egbert and Board Members Roe, Robbins, Tellez, Chambers, and  Timko.  July 9, 20241 MDDI Meeting Minutes  Page 1of4    Nays: None  Vice President Victoria Egbert declared the motion carried unanimously.  3. WORK SESSION  City Secretary's Note: Board Member Todd Crabtree arrived at 6:02 p.m.  A. Walking Tour In Downtown Fate  Justin Weiss, Economic Development Manager led the MDD Board of Directors on a  Walking Tour of Downtown Fate. Walking Tour Route:  Begin at the Fate Community Center, 104 South W.E. Crawford at 6:05 p.m. Walked to the Fate Department of Public Safety Administration Office, 104 E. Fate Walked to the Fate Department of Public Safety Fire Station, 128 E. Fate Main Walked to the Fate Community Center, 104 South W.E. Crawford, where the B. Discussion Concerning Development Of The Block Of Properties Located On The Southwest Corner Of FM 551 And Fate Main Place Commonly Known As Ramston/Turer: Block," Currently The Location Of The Fate Food Haul; And Discussion Concerning Fate Department Of Public Safety Facilities And Costs. Justin Weiss, Economic Development Manager led the MDD Board of Directors in a work- session/discussion regarding the development of the block of properties commonly known as Ramston/Turner Block" located on the southwest corner of FM 551 and Fate Main and Fate Department of Public Safety facilities and costs. Dan McVicker and Charles Terrell with Ramston assisted with the discussion. The main points of discussion  Walked to the Fate Food Haul, 104 C B Davidson Avenue.  Main Place, Suite B. Place  walking tour ended at 6:51 p.m.  were as follows:  The City needs a new Department of Public Safety (DPS) building to house police operations. They currently operate on the other half of the Four Czechs building in downtown, and in a couple rooms within the fire station. The City has the option to go at it alone and bond for the full cost of development of a new building, or find a way to work with a developer to save The City is looking to partner with a private developer, Ramston, to constructa mixed-use development in downtown that would include a Fate DPS The City is actively negotiating with the developer to have a building provided tot the City at no cost, or a deeply discounted cost, that will save Fate taxpayers  money.  headquarters and police station.  Julys 9, 2024MDDI Meeting Minutes  Page 2of4    millions of dollars in a bond. The original DPS bond proposal the Council saw early this year totaled $29 million, and the new bond amount will be closer to The developer would fund the DPS building with authorization from the City, and then construct a mixed-use building with residential and live- The number of residential units is not finalized but could be between 100 and 140 (the number of units they are able to build offsets the cost The developer would also be required to reconstruct the streets on CB Davidson and Elmhurst to improve the block, provide adequate parking (1 parking stall per bedroom), and we would partner with them to construct additional parking for downtown behind the Fate Grocery gas station (permission has been given by the railroad, who owns the property). This uses The City would run a minimal bond that meets the needs of DPS. The bond  $8-$10 million.  work units.  toi the City of the DPS building).  otherwise unusable space for parking.  would include:  Finish out of the new DPS building New fire apparatus Land for a future fire station  The City is working with the Food Haul operators to establish a permanent location in Fate Station Park. Initial feedback has been great, and we are currently putting together a concept plan and potential timeline. Need for general commercial businesses in downtown Fate Multifamily Component of the proposed project Amenities style businesses in downtown Fate Entry points for the proposed project  Discussion ensued among the MDD Board and City Staff regarding the following topics:  Parking  Timing of a Bond Election - November 2024 or May 2025? How do we educate voters about the DPS Bond?  4. ADJOURNMENT  There being no further business before the board, Board Member Cheyenna Tellez  moved to adjourn the meeting.  Board Member Bob Chamber seconded the motion. There was no further discussion, and the vote was as follows:  Ayes: Vice President Egbert and Board Members Roe, Robbins, Tellez, Crabtree,  Chambers, and Timko. Nays: None  July9, 2024 MDDI Meeting Minutes  Page 3of4    Vice President Egbert declared the motion carried unanimously and the meeting APPROVED BY THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO.1E BOARD OF  adjourned at 7:39 p.m.  DIRECTORS ON THE. ID DAYOF depkb,2024.  APPROVED: Thc  EITOFFTN  *  President  ATTEST:  ERPOBALEP  12bua 7 Daduchl Victoria Raduechel, TRMC City Secretary  July 9, 2024 MDDI Meeting Minutes  Page 4of4