Minutes of the Board  Downtown Georgetown Tax Increment Reinvestment Zone  City of Georgetown, Texas Friday, September 8, 2023  The Georgetown Downtown Georgetown Tax Increment Reinvestment Zone Board met on Friday, The City of Georgetown is committed to compliance with the Americans with Disabilities Act (ADA). Ify you require assistance in participating at a public meeting due to a disability, as defined under the ADA, reasonable assistance, adaptations, or accommodations willl bey provided uponr request. Please contact the City Secretary's Office, at least three (3) days prior to the scheduled meeting date, at (512) 930-3652 or City Hall at 808 Martin Luther King, Jr Street for additional information; TTY users route through Relay  September8, 2023at11:30AMat City Hall, 8081 Martin! Luther King, Jr Street.  Texas at711.  The following Members were in attendance:  Present were: Michele D. aroszewsk-Webb, Josh Schroeder, Amanda Parr, Troy Hellman Staff Present: Leigh Wallace, Nick Woolery, Nathan Parras, Kim McAuliffe, Caroline Stewart, Madison  O'Kelley  Public Wishing to Address the Board  Onasubjecti that is posted on1 this agenda: Please fill out a speaker registration form which can bet found on the table at the entrance tot the meeting room. Clearly print your name andi the letter oft thei item on which youv wish to speak and present it to the Board Liaison prior to thes start oft the meeting. You will be called forwardi to speak when the Board considers thati item. Only persons who have delivered the: speaker form prior tot the meeting being called to order may speak. Speakers will be allowed upt to three minutes to speak. Ify you wish to speak for six minutes, iti is permissible to use another requestor's granted time to speak. No moret than six minutes for a speaker may be granted. The requestor granting time to another speaker must also submit af form and be present Onasubiecti not posted on the agenda: A request must be received by the Advisory Board or Commission Liaisor prior to the day the agenda for this meeting is posted. Each speaker will be given three minutes to address the  at the meeting.  Board or Commission members. No action can bet taken. Josh Schroeder Called the meeting to order at 11:35 AM Public Wishing to Address - 09.08.2023 At the time of posting no one has signed up to speak.  Att the time of the meeting there were no member oft the public present to address the board    1. Regular Session  1.A Minutes from August 8th, 2022 Downtown Tax Increment  Consideration and possible approval oft the minutes from the August 8th, 2022 Reinvestment Zone (TIRZ) Board Meeting - Mayor. Josh Schroeder, Chair Moved by Josh Schroeder; seconded by Amanda Parr to Approve.  Motion Approved: 4-0 Voting Against: None  Voting For: Michele D. aroszewsk-WebD, Josh Schroeder, Amanda Parr, Troy Hellman  1.B Presentation on Downtown Projects for 2023-2024  Presentation on Downtown Projects for 2023-2024 - Kim McAuliffe, Downtown & Kim McAuliffe, Downtown & Tourism Director presented Information on downtown  Tourism Director projects for 2023-2024  Downtown Master Plan Update Themes Top Big Ideas City Center Public Space  1.C Historic Tax Exemption Program  Consideration and possible action to approve an agreement to exempt real property from ad valorem taxes and recommend the Historic Tax Exemption program for approval by the City of Georgetown - Maddison O'Kelley, Historic Preservation and Redevelopment Manager, Caroline Stewart, Assistant City Attorney and Jessica Clarke,  Assistant to the City Manager  Moved by Josh Schroeder; seconded by Troy Hellman to Approve  Maddison O'Kelley, Preservation and Redevelopment Manager presents the Historic  Tax Exemption Program Program Purpose Program Development Council Feedback Summary Program Eligibility Eligible VS Ineligible Projects Eligible Project Costs Ineligible Project Costs Project Examples Tax Exemption Structure City Revenue Impact Projection Homeowner Impact Application Process Program Implementation    Council Direction Motion Approved: 4- 0 Voting Against: None  Voting For: Michele DJ aroszewsk-Webb, Josh Schroeder, Amanda Parr, Troy Hellman  1.D Annual Financial Report - Downtown TIRZ  Presentation oft the annual financial report for the Downtown Tax Increment  Reinvestment Zone -Nathan Parras, Assistant Finance Director Parras, Assistant Finance Director. Taxi increment reinvestment zones Role oft the board Background Project Plan FY2023 Projections FY2023 Budget/Projects FY2024 Budget TIRZ Value FY2024 Budget/Projects - Fund Schedule  Presentation oft the annual financial report for Wolf Lake Tax Increment Reinvestment  Zone -I Nathan  The board requested Nathan to send them the following information: What is the assumed value with County property on tax rolls and developed?  What is the sales tax revenue int the Downtown TIRZ?  County Property tax revenue - how much do they make ift the downtown TIRZI is fully  built out (sq. ft). No Action Needed  Adjournment  Moved by. Josh Schroeder; seconded by Troy Hellman to Adjourn Motion by Josh Voting For: Michele D. aroszewsk-Webb, Josh Schroeder, Amanda Parr, Troy Hellman  Schroeder to adjourn the meeting at 12:22 PM.  Motion Adjourn: 4-0 Voting Against: None    These minutes were approved at the meeting of 91012024  Attest  a  4